Search found 578 matches

by icefr
Thu Jul 20, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA For 1 Month (?)
Replies: 11
Views: 544

Re: COBRA For 1 Month (?)

You are missing nothing. I would absolutely hold off on enrolling in COBRA. The catch is that if you do have healthcare usage planned, then I would compare the cash cost of the healthcare versus the cost of paying for COBRA and how much it would cost then.
by icefr
Wed Jul 05, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retired, RSUs Vesting and Roth IRA contribution
Replies: 5
Views: 553

Re: Retired, RSUs Vesting and Roth IRA contribution

I just recently retired from a Megacorp with a generous policy for retirees relative to RSUs. All of my remaining RSUs will vest on the next regularly scheduled vesting date in 2018. I have a small pension, but no W2 income, and I'm not planning to start SSI for a few more years. I would like to ma...
by icefr
Fri Jun 23, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Fees for selling ESPP shares
Replies: 3
Views: 256

Re: Fees for selling ESPP shares

At my last ESPP, the selling fee was $7.95, which was pretty reasonable. You should be able to inquire about this information from the custodian.
by icefr
Wed May 17, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a 800K house?
Replies: 52
Views: 5200

Re: Can we afford a 800K house?

After two weeks in the Seattle housing market - houses listed 600K are bid up to 800K while houses listed at 800K are bid up to 950-$1mil. The house we wanted to buy at $750K had double digit bids and closed at 920K. The next round - we liked a house for 850K went with an offer with escalation till...
by icefr
Sat May 13, 2017 1:22 am
Forum: Investing - Help with Personal Investments
Topic: Please assess our financial situation; grateful for any advice :)
Replies: 18
Views: 2541

Re: Please assess our financial situation; grateful for any advice :)

When is your wedding date? If it is in 2017, then you will need to file your taxes as Married for 2017 even if you marry on December 31st.

How much do your RSUs/ESPP/bonus usually add up to? How much do you plan to add to investments this year?
by icefr
Thu May 04, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA accounts - How to handle
Replies: 4
Views: 329

Re: Multiple HSA accounts - How to handle

yes, you can transfer from one to the other. Custodian to custodian is simplest. The banks should have the forms on their website... it's not fast (mine took 6 weeks) but gets done. Consolidate into the most favorable (fees, investment options) If you won't be contributing on your own (if you have ...
by icefr
Tue May 02, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Buying a diamond ring
Replies: 57
Views: 3724

Re: Buying a diamond ring

Mine was bought from James Allen and I love it! We got the matching band and the engagement ring for less than a friend spent on just the engagement ring by buying online. One catch is to watch for their return/resizing timeline in case it needs to be adjusted as it isn't an infinite amount of time....
by icefr
Sat Apr 22, 2017 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Reached 50% of my "number" today
Replies: 20
Views: 4464

Re: Reached 50% of my "number" today

Congrats! I hit 50% for the first time last spring. I went back under 50% in the summer/fall and haven't quite re-hit 50% again, but that's life and I'm still close :)
by icefr
Thu Apr 20, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recast vs. Investing vs. ??
Replies: 14
Views: 1201

Re: Mortgage Recast vs. Investing vs. ??

If the $100k is your pre marriage money then putting it into the mortgage is also commingling it. Personally, I would invest it in an account in just your name if it's your pre marriage money. But others on the forum have different ideas of marriage than I do. So would you invest the full $100k int...
by icefr
Thu Apr 20, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recast vs. Investing vs. ??
Replies: 14
Views: 1201

Re: Mortgage Recast vs. Investing vs. ??

If the $100k is your pre marriage money then putting it into the mortgage is also commingling it. Personally, I would invest it in an account in just your name if it's your pre marriage money. But others on the forum have different ideas of marriage than I do.
by icefr
Sun Apr 16, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 26407

Re: Age when you started to max out your retirement accounts?

Maxing out Roth since I was 19 and started co-oping (like an internship) in undergrad. Maxed out 401k for a few years in the early 2000s, but not since then. Partly it's because I'm planning to move from a no-income-tax-state to an income-tax-state, and so I think my tax rate will rise. Partly it's...
by icefr
Wed Apr 12, 2017 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Married filing separately and tax fraud
Replies: 18
Views: 1591

Re: Married filing separately and tax fraud

Is this a community property state?
by icefr
Sat Apr 01, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Massive Student Loan Debt with Mortgage Refi?
Replies: 46
Views: 2710

Re: Pay of Massive Student Loan Debt with Mortgage Refi?

If you have enough money in a taxable account to pay off your mortgage, can you do that? Then keep the house in your name as sole and separate property, and that will free up some cash flow to help pay down the debt if you are so inclined. Protect yourself! Don't put the house anywhere at risk, or ...
by icefr
Fri Mar 31, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Unemployed for 2-3 days- potential benefits
Replies: 24
Views: 2224

Re: Unemployed for 2-3 days- potential benefits

Since income and finances are handled annually... probably not. If you are not insured for those 2 days, don't get sick or hurt! Rolling over any 401k to new employer would have to be done... when you are employed. Why would anyone want to roll their 401k to a new company one? Wouldn't you always w...
by icefr
Sat Feb 25, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio questions - wife starting new job
Replies: 9
Views: 914

Re: Portfolio questions - wife starting new job

1. You have the right idea here. Max out th ESPP and sell it as soon as it is purchased. Do pay attention to whether it is sold at a gain or at a loss when you do the sales if any other shares will be bought within 30 days to avoid a wash sale. The discount will be taxed at ordinary income if you se...
by icefr
Mon Feb 20, 2017 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated 1099-DIV or individual entries
Replies: 9
Views: 912

Re: Consolidated 1099-DIV or individual entries

When you file, schedule B does not ask for EIN of the payer. So, the IRS will (almost) certainly only be able to match the total with the total of the 1099-DIV's it gets. The previous advice, to do a single entry, is the way to go. My vanguard 1099-DIV form has a different payer Id for each mutual ...
by icefr
Sun Feb 19, 2017 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a marriage tax penalty in this situation?
Replies: 10
Views: 1132

Re: Is there a marriage tax penalty in this situation?

The only way to know if they will have a penalty or a bonus is to run the numbers both Single and Married and see which way is best. I'm doubtful they would see a tax though at those income rates.
by icefr
Sat Feb 18, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split $10K Fed Tax Bill Between Husband and Wife
Replies: 38
Views: 2528

Re: How to Split $10K Fed Tax Bill Between Husband and Wife

We also keep our finances separate and we agreed the marriage tax bonus/penalty is jointly split in half. We made three returns in TurboTax: 1) Her as Single 2) Him as Single 3) Married: played around with TurboTax and determined Married Filing Jointly was better than Married Filing Separately this ...
by icefr
Wed Feb 15, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Premier Online Deal?
Replies: 18
Views: 1898

Re: TurboTax Premier Online Deal?

Everyone who's cheerleading for "saving" via the download version: how much did you actually pay? I went with the online Premier plus $20 discount via the USAA link I provided. Total: $76 for prep and e-file both federal and CA. For comparison I searched for the download version, found a ...
by icefr
Sat Feb 11, 2017 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Netspend 1099's?
Replies: 15
Views: 2392

Re: Netspend 1099's?

I got two 1099-INT forms from Metabank, one for each of the Netspend prepaid cards that I had. Neither of the amounts match the amount of interest that I received according to my records. Between the two forms, they're showing I received ~$2 more interest than I actually did. The IRS says the follow...
by icefr
Sun Jan 29, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth & earned income
Replies: 2
Views: 233

Re: Backdoor Roth & earned income

Yes so long as their combined income is sufficient to make both IRA contributions. If you are under the combined income limits though you can use the front door for the Roth IRAs.
by icefr
Thu Jan 19, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Paying back college loan debt
Replies: 15
Views: 1252

Re: Paying back college loan debt

Given those interest rates, I would definitely consider contributing to a Roth IRA before paying down your student loans.
by icefr
Sat Jan 14, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax 2016 purchase source
Replies: 91
Views: 13731

Re: Turbo Tax 2016 purchase source

rgs92 wrote:I'm not sure why anyone would need software on a CD these days.


The CD comes with both Mac and PC installers whereas the download only comes with one. My household has both types of computers, so this is quite helpful.
by icefr
Fri Jan 06, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing a 2.75% Mortgage Rate?
Replies: 16
Views: 3267

Re: Refinancing a 2.75% Mortgage Rate?

I wouldn't do it for the same reasons people outlined previously.
by icefr
Fri Jan 06, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is a prenup always necessary when remarrying?
Replies: 49
Views: 4212

Re: Is a prenup always necessary when remarrying?

I can't see him ever getting greedy or ugly. Then he should not mind signing a pre-nup, right? Do you think anyone just getting married can envision their partner getting greedy or ugly? You're right - I guess I am just trying to determine whether I need one if the state already says that my pre-ma...
by icefr
Mon Jan 02, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor from Fidelity to Vanguard
Replies: 8
Views: 1061

Re: Mega Backdoor from Fidelity to Vanguard

I was in a similar situation at my last job and I elected to front load the 401(k) contributions while living off of cash savings and non-paycheck income. Then once I had made all of my after-tax 401(k) contributions for the year, I would request the check from Fidelity. It usually took less than a ...
by icefr
Mon Jan 02, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluate new job offer with no 401k match
Replies: 14
Views: 1038

Re: Help evaluate new job offer with no 401k match

That match on your current job works out to $2,640 per year. Are there any other benefits that you can compare? ESPP, employer HSA contributions, differences in health care costs? If not, have you tried negotiating for a bit more something else to compensate?
by icefr
Sat Dec 31, 2016 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should we itemize or take the standard deduction?
Replies: 8
Views: 788

Re: Should we itemize or take the standard deduction?

I would just run it both ways in your tax software and then choose whether to itemize or take the standard deduction based on which one results in the lower combined federal tax.

I'm not sure what the expenses you listed have to do with anything.
by icefr
Sat Dec 31, 2016 1:36 pm
Forum: Personal Consumer Issues
Topic: Turbotax 2016 Fed & State Download $39.95
Replies: 5
Views: 931

Re: Turbotax 2016 Fed & State Download $39.95

I have been using Online version. Any difference with Download or Desktop version? My husband and I like the Desktop version because it comes with both PC and Mac installlers. The Download version only comes with one installer. We each have one computer type so it is helpful to have both installers...
by icefr
Fri Dec 30, 2016 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth to open a Roth IRA with my tax bracket?
Replies: 18
Views: 1796

Re: Is it worth to open a Roth IRA with my tax bracket?

I'm retired young and only have interest income, dividends and capital gains to report (for my MAGI). Therefore I cannot invest in a IRA (since I need earned income). Do the same rules apply to Roths? Or am I allowed to open one of those and contribute? The same rules apply. You need earned income ...
by icefr
Fri Dec 30, 2016 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth vs Business loan
Replies: 8
Views: 637

Re: Mega Backdoor Roth vs Business loan

Your SEP-IRA interferes with your eligibility to do a Backdoor Roth IRA, but not your wife's. So assuming that your wife doesn't have any Traditional IRAs, you could be doing $5500 for 2016 and 2017 into a Backdoor Roth IRA for your wife in addition to the 27k in a Mega Backdoor Roth. How much savin...
by icefr
Fri Dec 30, 2016 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Wife is Pregnant with First Child - Due in Between Employment Contracts
Replies: 6
Views: 840

Re: Wife is Pregnant with First Child - Due in Between Employment Contracts

Thank you for your response! Yes, her plan runs from January to December. I'm just trying to get in the proper mindset to make these decisions, while having this post as a guidepost when I come back to it over the summer. 1) Her plan's paperwork says that the coinsurance is 100%, so I believe that'...
by icefr
Fri Dec 30, 2016 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Wife is Pregnant with First Child - Due in Between Employment Contracts
Replies: 6
Views: 840

Re: Wife is Pregnant with First Child - Due in Between Employment Contracts

My husband and I had a similar situation recently and I calculated it would be cheaper to pay for COBRA for me for a few months and then switch me to his plan when my plan year ended I assume that your wife's plan year runs from January through December and that if she renewed her contract with the ...
by icefr
Mon Nov 28, 2016 12:50 am
Forum: Investing - Help with Personal Investments
Topic: HSA: Connect Your Care investment options?
Replies: 19
Views: 2113

Re: HSA: Connect Your Care investment options?

I've had Connect Your Care with two different employers now, both in the same state and with the same insurance company. With one employer the underlying bank was HSA Bank with TD Ameritrade as an investment option and the other one was UMB Bank. So it seems like it depends a lot on the employer.
by icefr
Sun Nov 27, 2016 1:33 am
Forum: Investing - Help with Personal Investments
Topic: I've been leaving money on the table (401k)
Replies: 21
Views: 4793

Re: I've been leaving money on the table (401k)

This year and last year we have left matching money on the table it is hard to plan around DH's bonus. Last year we didn't know that 401k contributions were taken out of the bonus, and this year he got much more than his projected bonus, so we are hitting $18k before his last 2 paychecks. It's frus...
by icefr
Sun Nov 20, 2016 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Severance Package Taxes
Replies: 10
Views: 1759

Re: Severance Package Taxes

I was laid off relatively recently and the HR phone line I had access to was really helpful through all of the questions I had. On the vacation payout - mine came with my last paycheck so it had normal paycheck withholdings. Yours might be similar assuming that you are normally paid on Dec 31st. 1) ...
by icefr
Fri Nov 18, 2016 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: New Alliant CU mobile app
Replies: 3
Views: 522

Re: New Alliant CU mobile app

You're leaving me quite optimistic about the iOS app that will hopefully come out soon!
by icefr
Tue Nov 01, 2016 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Selling old house. What to do with the $$s?
Replies: 12
Views: 2231

Re: Selling old house. What to do with the $$s?

The car is a depreciating asset. Take on debt for a car loan when you otherwise can't afford a car and you need one to get to your job and pay it off quickly. But you can afford to not have this loan, so eliminate it, get it off your balance sheet. I don't understand your point at all. What does &q...
by icefr
Tue Nov 01, 2016 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Selling old house. What to do with the $$s?
Replies: 12
Views: 2231

Re: Selling old house. What to do with the $$s?

1. Pay off your wife's car ($9k) 1. Does this make sense when it is 0%APR? The car is a depreciating asset. Take on debt for a car loan when you otherwise can't afford a car and you need one to get to your job and pay it off quickly. But you can afford to not have this loan, so eliminate it, get it...
by icefr
Sun Oct 30, 2016 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Wife planning on leaving job, how to manage 401k?
Replies: 4
Views: 1066

Re: Wife planning on leaving job, how to manage 401k?

Yes. It is the end of October and the year is almost up, plus you have no idea when she will find a new job or what its match program will look like.
by icefr
Sun Oct 30, 2016 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Selling old house. What to do with the $$s?
Replies: 12
Views: 2231

Re: Selling old house. What to do with the $$s?

I would: 0. Eliminate PMI on your mortgage ($45k) 1. Pay off your wife's car ($9k) 2. I would consider frontloading the 529 contributions à bit, say $14k per kid which is the gift tax and then figure out where you are in your contributions timeline wise 3. Increase your cash emergency fund to nine m...
by icefr
Fri Oct 21, 2016 2:31 am
Forum: Personal Finance (Not Investing)
Topic: Sold house. Pay off student loans or save money for small business?
Replies: 4
Views: 627

Re: Sold house. Pay off student loans or save money for small business?

How much are your student loans? Do you want to buy another house in the near future?
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: 1463

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: 552

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: 2534

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: 289
Views: 43858

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: 289
Views: 43858

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: 4972

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: 1574

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...

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