Search found 535 matches

by icefr
Sat Aug 06, 2016 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can I use my savings account as a Health Savings Account?
Replies: 13
Views: 1270

Re: Can I use my savings account as a Health Savings Account?

First Tech Credit Union appears the best so far 1%, w/no min balance and a branch is located just 35 min away. They are a cutting edge organization, first to develop phone banking then first to develop online banking. My guess is they are very good regarding ID theft which is comforting. I didn't s...
by icefr
Sat Aug 06, 2016 10:04 am
Forum: Personal Consumer Issues
Topic: Cell phone and Carrier for Vancouver BC
Replies: 5
Views: 363

Re: Cell phone and Carrier for Vancouver BC

I have cricket and I get roaming in Canada. I'm on the $35 plan, so what I do is I upgrade my plan to the $45 one the day before I go to Canada and then I downgrade back when I come back. Works great.
by icefr
Wed Aug 03, 2016 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: 30 yr fixed @ 3.75% to 15yr fixed @ ~2.8%: Advice on Refinancing
Replies: 27
Views: 2249

Re: 30 yr fixed @ 3.75% to 15yr fixed @ ~2.8%: Advice on Refinancing

Great thread...this sparked me to look into this as I am in a very similar situation as you...but not sure if it makes sense for me. $250,000 remaining at 3.75% 30 year fixed (4 years in). I emailed the mortgage broker I used to get my original mortgage and he said he could get a 15 Year fixed clos...
by icefr
Sun Jul 31, 2016 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 283
Views: 34230

Re: [Fidelity drops AmEx, Bank of America credit cards]

I tried today and hung up after 12 minutes on hold. My last FIA statement was originally autopay for Aug 13. It shows the balance on prior statements on Elan but I can't see a statement or autopay or anything. I'm going to try to call again in a few days but don't know if it's going to autopay, if ...
by icefr
Sun Jul 31, 2016 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 283
Views: 34230

Re: [Fidelity drops AmEx, Bank of America credit cards]

I tried today and hung up after 12 minutes on hold. My last FIA statement was originally autopay for Aug 13. It shows the balance on prior statements on Elan but I can't see a statement or autopay or anything. I'm going to try to call again in a few days but don't know if it's going to autopay, if ...
by icefr
Mon Jul 25, 2016 11:27 pm
Forum: Investing - Theory, News & General
Topic: Theory only... when to stop 401k contribution
Replies: 46
Views: 4288

Re: Theory only... when to stop 401k contribution

Has already happened: Due to downsizing from very lucrative (hit the second SS bend point in 2007) tech positions (and changing technology - I'm now like a IT paleontologist), I'm at a job at a Charitable organization, single, in the 15% tax bracket, taking home just enough to pay the bills. If I w...
by icefr
Thu Jul 21, 2016 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with a partner with separate assets
Replies: 13
Views: 1300

Re: Buying a house with a partner with separate assets

I did something similar about nine years ago, prior to official marriage. We used an all-around knowledgeable attorney to write an Agreement for Ownership of the property, signed prior to executing the purchase and mortgage. Without getting into specifics, the agreement covers shared mortgage payme...
by icefr
Thu Jul 21, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with a partner with separate assets
Replies: 13
Views: 1300

Re: Buying a house with a partner with separate assers

whodidntante wrote:I would ask an attorney.


Thanks - would you ask a real estate attorney or a family law attorney?
by icefr
Wed Jul 20, 2016 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with a partner with separate assets
Replies: 13
Views: 1300

Buying a house with a partner with separate assets

My partner and I currently live in a property I own by myself and we've been debating moving and then owning the next place together. Our finances are about as separate as they can be while living together as we are not married. I don't want a discussion of marriage vs non-marriage - I just have que...
by icefr
Wed Jul 20, 2016 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: 15 Year vs 30 Year Mortgage + Student Debt
Replies: 13
Views: 1193

Re: 15 Year vs 30 Year Mortgage + Student Debt

1) How far into the existing 30 year mortgage are you? 2) Could your budget maintain the 15 year mortgage payment while also paying for daycare or dealing with a reduced income? 3) Are you contributing to IRA(s) or just the one 401(k)? Does the other spouse have a 401(k)? 4) What was your taxable in...
by icefr
Tue Jul 19, 2016 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with a bit of extra money each month? (UPDATED)
Replies: 41
Views: 3083

Re: What to do with a bit of extra money each month?

Since you will be moving at retirement I see no reason to pay off the loan. The reason to pay of any debt is to not make interest payments that buy you nothing and rob you of hard earned money. If they plan to move to a place that would cost less than their current equity, then I could see not payi...
by icefr
Tue Jul 19, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: What to do with a bit of extra money each month? (UPDATED)
Replies: 41
Views: 3083

Re: What to do with a bit of extra money each month?

Do you have access to a Roth 403(b)? You could use that or contribute partially to the pre-tax 403(b) to get yourself down to the 15% tax bracket fully and more to the Roth 403(b). I would strongly consider paying extra on the $385,000 mortgage that you would still have at 67.5 if you pay nothing ex...
by icefr
Tue Jul 19, 2016 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Need help with Vanguard direct deposit
Replies: 15
Views: 931

Re: Need help with Vanguard direct deposit

Go to: Vanguard > My Accounts > Account maintenance > Direct deposit > Maintain Then you can change which fund(s) your direct deposit goes into. On my account, it only lists mutual funds I already have. Do you already have the LifeStrategy fund in your Roth IRA? If so, you should be able to edit you...
by icefr
Tue Jul 12, 2016 4:21 pm
Forum: Personal Consumer Issues
Topic: Less than 24 hour delivery with Amazon & on Sunday
Replies: 41
Views: 2576

Re: Less than 24 hour delivery with Amazon & on Sunday

Amazon is too good at what they do...they are now angering customers because they delivered a packaged too fast. Interesting business problem to have lol In our case, the package was NOT delivered too fast. It took more than a week since the order was placed to be delivered. If Amazon had been fast...
by icefr
Mon Jul 11, 2016 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k Assistance
Replies: 6
Views: 402

Re: New 401k Assistance

How much income do you expect to earn in 2016? Is $52,000 your base salary or your expected income for 2016? If it's your base salary and you will only work ~6 months this year, then your W-2 income would be closer to $26,000, putting you in the 15% tax bracket. At that rate, I would probably choose...
by icefr
Mon Jul 11, 2016 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Invest EARLY or pay off debt?!
Replies: 13
Views: 1517

Re: Invest EARLY or pay off debt?!

He retires at 50 (law enforcement) and has a pension from age 50-65 until his 401k becomes available. Increasing my husband's contributions would be an easy thing to do, esp. with a proposed raise in the next month. As far as the IRA's go, you suggest getting myself a traditional and roth IRA, atte...
by icefr
Mon Jul 11, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Invest EARLY or pay off debt?!
Replies: 13
Views: 1517

Re: Invest EARLY or pay off debt?!

Per https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 what are the expense ratios on all of the funds available in His 401(k)? How much goes into his pension? That's also money being currently saved for retirement. Do you know how much his pension would be? We want to figure out what tax...
by icefr
Mon Jul 11, 2016 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is Backdoor Roth right for me?
Replies: 14
Views: 1295

Re: Is Backdoor Roth right for me?

Thanks so much, all! I definitely wanted to make sure the Bogleheads sages were behind me and I'm glad I did. I'll make sure to look into the mega backdoor. Update: after doing a bit of research on the mega backdoor, and assuming my 401k plan allowed the mega, would I also be able to do the regular...
by icefr
Mon Jul 11, 2016 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Q on merging retirement accounts
Replies: 12
Views: 1123

Re: Q on merging retirement accounts

Another gotcha. If you are still working and plan to make use of the "backdoor Roth" or "mega backdoor Roth" concepts, then the existence of any rollover traditional IRA causes a problem. Solution: roll rollover IRA into an existing employer's retirement plan---no rollover IRA, ...
by icefr
Sat Jul 09, 2016 10:35 am
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 283
Views: 34230

Re: [Fidelity drops AmEx, Bank of America credit cards]

Has anyone figured out how to add the new card in Mint?
by icefr
Fri Jul 08, 2016 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Open a Vanguard account in addition to my Scottrade?
Replies: 12
Views: 662

Re: Open a Vanguard account in addition to my Scottrade?

Do the free trades count for selling Vanguard shares too? Are you buying Vanguard ETFs at Scottrade? Investor shares? Admiral shares? If you're buying Investor shares, I would definitely say move to Vanguard or switch to using ETFs.
by icefr
Fri Jul 08, 2016 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Open a Vanguard account in addition to my Scottrade?
Replies: 12
Views: 662

Re: Open a Vanguard account in addition to my Scottrade?

Do you pay fees to buy and sell the Vanguard funds in your Scottrade account? If so, I would buy the funds at Vanguard instead. If not, I'd probably just stick with Scottrade. KISS and all.
by icefr
Wed Jul 06, 2016 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: No Closing Cost Refinance - What to watch out for?
Replies: 5
Views: 827

Re: No Closing Cost Refinance - What to watch out for?

He's likely trying to keep your business since rates are dropping and you could refinance elsewhere. I would make sure he isn't rolling the closing costs into the loan (i.e. that your loan balance stays the same).
by icefr
Wed Jul 06, 2016 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Investing extra cash?
Replies: 19
Views: 1652

Re: Investing extra cash?

Welcome to the forum! 1. Get rid of the debt. 2. Then put extra into your Roth IRA. 3. You no longer need $3,000 to open a Target Retirement Date fund - $1,000 is sufficient. So I think you could switch it over. You could also consider a LifeStrategy fund with the correct allocation. They're like Ta...
by icefr
Wed Jul 06, 2016 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Quick Question: Tax % Decrease after Married?
Replies: 12
Views: 796

Re: Quick Question: Tax % Decrease after Married?

Sounds like your withholding was off last year. I would play around with the IRS Withholding Calculator and see what it says you should do for W-4s: https://www.irs.gov/individuals/irs-wit ... calculator
by icefr
Tue Jul 05, 2016 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 44
Views: 4994

Re: Fidelity 2% CC or Citi double cash card?

The Fidelity VISA has 1% foreign transaction fee - Citi DoubleCash has 3% foreign transaction fee. If you travel abroad, or order things from abroad, then the Fidelity VISA is clearly the better choice. Of course, there are cards with no foreign transaction fee as well, but they often have annual f...
by icefr
Sat Jul 02, 2016 11:17 am
Forum: Investing - Help with Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1039

Re: after tax 401k contributions?

I can't do the in-plan roth conversions due to ERISA /non-discrimination testing (from my understanding). Thus, this eliminates the mega backdoor roth option.... Unless you only plan on staying with your employer for a shortish period of time. https://thefinancebuff.com/after-tax-401k-to-roth-no-in...
by icefr
Sat Jul 02, 2016 11:16 am
Forum: Investing - Help with Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1039

Re: after tax 401k contributions?

Back to the original question about the drawbacks of contributing to an after-tax 401K... 1. You cannot tax loss harvest 2. Although your account will grow tax deferred, any gains will ultimately be taxed as income as opposed to capital gains (which is generally taxed at a lower rate) 3. If investi...
by icefr
Fri Jul 01, 2016 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1039

Re: after tax 401k contributions?

Does your plan have In-Plan Roth Conversions? Mine allows that option and that is helpful if you can't roll the after-tax funds out for compliance reasons.
by icefr
Fri Jul 01, 2016 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off the house leaving only $15k
Replies: 32
Views: 2106

Re: Pay off the house leaving only $15k

I would pay off the house and then evaluate where you are on the track towards having enough retirement savings. How old are you? 9% to retirement doesn't sound like much unless you're in your 20s which you're not if your wife has been at her job for 15 years.
by icefr
Fri Jul 01, 2016 4:59 pm
Forum: Personal Consumer Issues
Topic: LONG: Help in deciding on a refinance for house repair....
Replies: 11
Views: 590

Re: LONG: Help in deciding on a refinance for house repair....

You might consider a HELOC instead of a cash-out refi. But if it were me, I'd use DH's inheritance. Why pay interest when you have the money sitting there in the bank? If it makes you feel better, then "borrow" the money from DH and pay him back over time, with interest if you want to get...
by icefr
Thu Jun 30, 2016 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do with Fidelity Rewards?
Replies: 47
Views: 3794

Re: What do you do with Fidelity Rewards?

It reimburses ATM fees anywhere in the US and I believe offers free checks. No interest though. You could consolidate there if you'd like. I have investments at Fidelity due to work and I prefer to keep my investments at separate institutions from my checking/savings, so I don't use the Fidelity Cas...
by icefr
Thu Jun 30, 2016 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do with Fidelity Rewards?
Replies: 47
Views: 3794

Re: What do you do with Fidelity Rewards?

We got a new Fidelity Visa and are trying to figure out best use of rewards. Our IRAs are with Vanguard including Utah 529. Any suggestions? Doesn't make a lot of sense to open a Fidelity ROTH just for rewards. I would set up the Fidelity cash management account, which is a checking account, and th...
by icefr
Thu Jun 30, 2016 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: 401K for Dual Citizen [should I do it?]
Replies: 1
Views: 141

Re: 401K for Dual Citizen [should I do it?]

I'm a Canadian citizen living in the US (not a US citizen). I have a 401(k) here and I have RRSPs in Canada. How long do you think you'll stay in the US? Why do you plan to renounce your US citizenship?
by icefr
Thu Jun 30, 2016 12:18 am
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 283
Views: 34230

Re: [Fidelity drops AmEx, Bank of America credit cards]

Is anybody else still waiting on their new cards? Haven't received mine yet despite the card being visible in my Fidelity account for nearly three weeks. I called last week, and they said it was in the mail. No card as of today. Might end up calling again to be sure it didn't get lost in the mail, ...
by icefr
Tue Jun 28, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Deal [should I take the offer?]
Replies: 6
Views: 462

Re: Refinance Deal [should I take the offer?]

At the next reset, how much can your current PenFed 5/5 ARM change to vs the proposed 5/1 ARM?
by icefr
Mon Jun 27, 2016 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Forgo Vanguard IRA because of my 401k options? Help with strategy
Replies: 16
Views: 1348

Re: Forgo Vanguard IRA because of my 401k options? Help with strategy

Does your 401(k) provide a match once you can contribute to it?
by icefr
Mon Jun 27, 2016 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Saving (non-retirement/non-EF) money, at what point do you "do something" with it?
Replies: 9
Views: 969

Re: Saving (non-retirement/non-EF) money, at what point do you "do something" with it?

I would generally say that anything beyond funding goals you know of in the next 3-5 years can be invested. I would calculate how much is a 6 month emergency fund, keep that in cash, and the rest into taxable investments such as Vanguard Total Stock Market Index and Vanguard Total International Stoc...
by icefr
Mon Jun 27, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: No-cost refinace to save 1/2 percent
Replies: 15
Views: 1224

Re: No-cost refinace to save 1/2 percent

Hi, I am planning to refinance my 30 year fixed rate mortgage currently at 4.125%. When I took out the loan, the original company that I took the mortgage from, mentioned a no-cost refi after 6 payments. It will be 6 payments next month and I will need to pay only for appraisal (maybe around $300)....
by icefr
Fri Jun 24, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: house affordability question
Replies: 39
Views: 2046

Re: house affordability question

Hypothetically, you could pay cash for a $700 house, have no house payment, and make a conservative $100k per year. You'd have no savings but you are young, and would be making $100k per year, again with no house payment. So from that perspective it's not impossible. The problem is I am not convinc...
by icefr
Thu Jun 23, 2016 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: New Roth IRA. What to do with Rollover IRA?
Replies: 3
Views: 327

Re: New Roth IRA. What to do with Rollover IRA?

I would transfer the Rollover IRA as is to TD Ameritrade, i.e. to a new Rollover IRA account.

If you would like to convert the Rollover IRA to Roth once it's there, you can, but you will need to pay taxes on that amount when you file your tax return next year.
by icefr
Thu Jun 23, 2016 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Reducing my Taxable Account
Replies: 12
Views: 2018

Re: Reducing my Taxable Account

An interesting way to eliminate this and get the full tax deduction would be to donate the Apple shares to a Donor Advised Fund (DAF), which would allow you to spread the actual donations over several years.
by icefr
Thu Jun 23, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance Help
Replies: 10
Views: 836

Re: Mortgage Refinance Help

You're getting pretty similar responses here - it doesn't make any sense to do this. You'd be dragging a 5 year loan AND a 15 year loan out into a 30 year loan and paying a ton more interest. It sucks having so much debt. The only way to get out of that much debt is simply to make large extra paymen...
by icefr
Wed Jun 22, 2016 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Worth it to refinance 15 year fixed 3.125 -> 2.75
Replies: 28
Views: 2702

Re: Worth it to refinance 15 year fixed 3.125 -> 2.75

Go for it! On my last refi, the closing agent came to our home and we closed at our dining table. The most painful part was collecting tax forms/paystubs. Even with your original numbers, you are saving thousands. +1 I refinanced from 3% to 2.5% with a $500 credit to me, which on the refinanced bal...
by icefr
Wed Jun 22, 2016 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance Help
Replies: 10
Views: 836

Re: Mortgage Refinance Help

It looks like the OP asked a very similar question back in September 2015: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=174603&p=2637521 The general consensus was that refinancing wasn't the best option. This reply in particular was interesting: I was bored so i made this. https://do...
by icefr
Wed Jun 22, 2016 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance Help
Replies: 10
Views: 836

Re: Mortgage Refinance Help

After paying your current mortgage, retirement and other obligations, how much do you have leftover to pay down debt every month? If the interest rates on your student loans were higher, I would say to take out a HELOC instead of refinancing, but HELOCs are around 4-5%, which is where your student l...
by icefr
Tue Jun 21, 2016 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Accounting or Computer Science
Replies: 67
Views: 5356

Re: Accounting or Computer Science

Is it correct that following are the CS cons? - Effects of offshoring in second half of career from 45 to 65 - Women percent is low, approximately 20% Why is women percent being low a con? It is not that companies will not hire women; it is that not many women study computer science. If you are a w...
by icefr
Tue Jun 21, 2016 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rollover - into existing tIRA or new (separate) tIRA
Replies: 6
Views: 543

Re: 401K Rollover - into existing tIRA or new (separate) tIRA

"a rollover is a rollover" is correct, I think. Your Rollover IRA provider should be able to confirm this.
by icefr
Tue Jun 21, 2016 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after a goof leaves $10k sitting in settlement fund
Replies: 9
Views: 994

Re: What to do after a goof leaves $10k sitting in settlement fund

You should be able to contact Vanguard via phone or mail to request a trade. The anti-frequent-trading restriction is just for online trades.
by icefr
Mon Jun 20, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Pay structure-- new job offer
Replies: 14
Views: 964

Re: Pay structure-- new job offer

Do you think you'll stay at this job for many years? If just a few years, Option 2 might be better so that you aren't in handcuffs to stay through the time when bonuses are paid. They are willing to pay you more via year-end bonus because they believe you will be more likely to stay. Also, there is...

Go to advanced search