Search found 6494 matches

by jeffyscott
Wed Oct 18, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: How soon to cancel a credit card after signup bonus.
Replies: 6
Views: 663

Re: How soon to cancel a credit card after signup bonus.

In my experience you can even wait until you get the bill with the fee to cancel and you won't have to pay the fee. Most cards will notify you a month or more before the bill with the fee is coming. I usually just wait for that and convert or cancel the card then. One Amex card never notified my and...
by jeffyscott
Wed Oct 18, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Benefits - Insurance Options, are these useful?
Replies: 10
Views: 450

Re: Employer Benefits - Insurance Options, are these useful?

If you have adequate health insurance, life insurance, and disability insurance, you probably don't need those specialized products, that are likely overpriced.

If you don't have adequate health, life, and disability the money would be better spent toward getting it.
by jeffyscott
Thu Oct 12, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: I need a better online checking w billpay and mobile check deposit
Replies: 34
Views: 2503

Re: I need a better online checking w billpay and mobile check deposit

I've found Charkes Schwab Bank to be good. Their website is a bit dated, but things work, and their phone service is excellent. Have not used phone, but have gotten good service via email and chat. Use their bill pay and never had a problem. I originally opened the account when it was required to g...
by jeffyscott
Wed Oct 11, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Free reader App for tablet (for Spanish language books)
Replies: 1
Views: 127

Re: Free reader App for tablet (for Spanish language books)

I use overdrive and get e-books from the public library, project gutenberg, and open library. I noticed that the play store seemed to have a language indicator at the end of the url for that app, so I changed this: https://play.google.com/store/apps/details?id=com.overdrive.mobile.android.mediaconso...
by jeffyscott
Wed Oct 04, 2017 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: HSA, if I just want a savings account
Replies: 6
Views: 655

Re: HSA, if I just want a savings account

For a $200 bonus, it seems worth the reduction in convenience vs. my current credit union.

Especially with fees includes none for opening or closing.
by jeffyscott
Wed Oct 04, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

I have discovered the reason for the statement of things I am to acknowledge. It is intended to keep it exempt from ERISA. https://www.shrm.org/resourcesandtools/legal-and-compliance/employment-law/pages/hsas-erisa.aspx Seems like they are making at least two of the misteps listed there by telling m...
by jeffyscott
Wed Oct 04, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

1040 line 25, Health savings account deduction.
by jeffyscott
Wed Oct 04, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: HSA, if I just want a savings account
Replies: 6
Views: 655

Re: HSA, if I just want a savings account

They refer to it as a set up fee, so I think it is actually a fee.

To clarify, my current balance is $15,000. Had HSA with employer for 3 years. As a retiree, I'd be moving that as I am not happy with their fees or service.
by jeffyscott
Wed Oct 04, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

I think I may be allowed to escape my former employer's plan. The custodian has now told me I am free to go elsewhere, now I just have to get the agency to see their error. Perhaps the custodian will tell them they can not require me to use them. I am thinking the statement in their form that "You a...
by jeffyscott
Wed Oct 04, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: HSA, if I just want a savings account
Replies: 6
Views: 655

HSA, if I just want a savings account

Does anyone have a suggestion for an HSA savings account for balance of $15,000-20,000? My credit union offers an HSA that currently pays 0.76% and has no fees other than a one time cost of $25 to create it, no fee to close it. This would be convenient and in looking at other options, I am not seein...
by jeffyscott
Wed Oct 04, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: How to get a real Chip and Pin card?
Replies: 106
Views: 24166

Re: How to get a real Chip and Pin card?

The point was that if someone is complaining about giving up cash back to hold a real pin card then the solution is to hold two cards. I'm just advocating common sense to solve a perceived problem. Complaining? I was just noting that for my purposes I have been satisfied with the Arrival as a PIN c...
by jeffyscott
Wed Oct 04, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: How to get a real Chip and Pin card?
Replies: 106
Views: 24166

Re: How to get a real Chip and Pin card?

Thanks for the correction. I'd like a PIN card, but not willing to give up rewards worth 1.5-4% on purchases that I get from my other cards in exchange. Nor am I willing to give up the sign-up bonus game in exchange. So for now I stick with the rebates despite the useless signature "verification" an...
by jeffyscott
Tue Oct 03, 2017 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

I googled and found this state code, but doesn't seem to mandate a HSA with the HDHP, so I'm guessing it's an administrative decree, not legislated. http://law.justia.com/codes/wisconsin/2014/chapter-40/section-40.515 I now think they are simply misinterpreting that statute. They specifically state...
by jeffyscott
Tue Oct 03, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

Yep, I read the statute, too. Also they now have sent me a form that says on p. 1, "Note: I understand retirees are required to have an active HSA if enrolled in an High Deductible Health Plan (HDHP) and are also responsible for the $3 per month account maintenance fee..." and then on p 10: "You ack...
by jeffyscott
Tue Oct 03, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

AFAIK, no fee waiver no matter what balance is or where you keep it.

Besides the $36, they have also been an annoying PIA, one way or another, every year.
by jeffyscott
Tue Oct 03, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

I do want HSA, but it appears that I could get that elsewhere for $0 per month. And as I recall last year, as an active employee, they did say something about if you didn't sign up for HSA you would not be enrolled in the HDHP (they'd then put you in the non-HDHP, I assume). But actives get $1500 (f...
by jeffyscott
Tue Oct 03, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to get a real Chip and Pin card?
Replies: 106
Views: 24166

Re: How to get a real Chip and Pin card?

kayanco wrote:
Sun Oct 01, 2017 2:43 pm
Doesn't the Target REDcard MC offer the exact same features?
The Internet tells me that card can only be used at Target.
by jeffyscott
Tue Oct 03, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

What state? I would have thought "no", but the wording sure means you do. If there isn't a state statue, I'm guessing some administrator or lawyer went overboard and created their own rule. Is there an employer contribution to the HSA? If this were so, and most or all employees received the benefit...
by jeffyscott
Tue Oct 03, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

Ugh. It's stupid, and it doesn't look right. BUT, $36 per year isn't worth losing healthcare for, and you'd have to convince a government agency their healthcare policy is wrong. Not how I'd want to spend my retirement. especially since the tax benefits of an HSA are so great Oh, I'll still keep it...
by jeffyscott
Tue Oct 03, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Re: Is an HSA required if one has HDHP?

I might be able to move some money out, but they say if your HSA can not cover the $3, you are no longer eligible for the HDHP. They say to be eligible for the HDHP plan (their bold), "You must be covered by High Deductible Health Plan (HDHP) and enrolled in a Health Savings Account (HSA). and "Reti...
by jeffyscott
Tue Oct 03, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Is an HSA required if one has HDHP?
Replies: 24
Views: 1415

Is an HSA required if one has HDHP?

I understand that in order to be qualified to have an HSA, one must have only coverage through a HDHP. I just want to verify that the opposite is not a requirement, one can have a HDHP but not have the HSA? I think I know that it is not, but just want to be 100% sure before complaining to my former ...
by jeffyscott
Wed Aug 23, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: best credit card for airline mile
Replies: 37
Views: 5533

Re: best credit card for airline mile

Sorry for restarting this thread - I thought this would be the best thread to state my question - I have a Chase United Airlines credit card. I used to travel a lot on business and the yearly fee ($95) was not bad in light of what I was doing. I have since started working from home and travel maybe...
by jeffyscott
Wed Aug 23, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: best credit card for airline mile
Replies: 37
Views: 5533

Re: best credit card for airline mile

I have an old Chase United Mileage Plus card with no annual fee. The mileage earning rate is only 1/2 the typical, but I keep it around and use it every six months or so to keep it alive. This would keep my United miles from expiring if I didn't fly them for a while. This no fee card is available i...
by jeffyscott
Wed Jun 28, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 14
Views: 1609

Re: radon test kit

Seems pretty dishonest behavior to me. Pullease! Show me mortality statistics for healthy people (non-smokers). I'd call it fraud. Your stat of being equivalent to chance of dying in a car accident is based only on the minimum action level of 4. At 10 which is very easily achieved and exceeded wher...
by jeffyscott
Sat Jun 24, 2017 6:16 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 5620

Re: What is your car's average cost ownership?

Makes more sense, 52 cents per mile seems reasonable. Looks like they have about 20 cents per mile for depreciation and 5 cents per mile for maintenance, very similar to my own figures. It calls the 47 cents per mile "value of reallocating the driver’s time and productivity" a conservative estimate....
by jeffyscott
Fri Jun 23, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 5620

Re: What is your car's average cost ownership?

I just thought the tires were included because the OP viewed them as part of the vehicle aquisition costs. Car was apparently purchased knowing it needed new tires right away.
by jeffyscott
Fri Jun 23, 2017 8:21 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 5620

Re: What is your car's average cost ownership?

I still think many people are leaving out the consumables and focusing only depreciation. Total Cost of Ownership should include everything related to the vehicle. They are providing the information that was requested, which was focused on depreciation costs. The OP presented "Total capitalized cos...
by jeffyscott
Thu Jun 22, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 5620

Re: What is your car's average cost ownership?

Lessons : - In think the "per mile" metric is the most meaningful. - Buying new isn't necessarily bad, a Honda Accord value doesn't crash like a luxury car - MPG matters for TCO! Lessons : - The initial purchase price of the vehicle doesn't matter as much as we like to imagine - Annual mileage and ...
by jeffyscott
Wed Jun 21, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 5620

Re: What is your car's average cost ownership?

For the average American, if you drive under 9,000 miles per year - it's more cost effective to use UBER. Definitely not as convenient, though. Also, I just jumped on their website to price my commute (13 miles each way) and was quoted a little over $2 a mile - 8 times my actual, all-inclusive cost...
by jeffyscott
Wed Jun 21, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2552

Re: Full comprehensive or liability only?

If you have liability coverage only, then your insurance company will represent you if there is a claim against you, as they would have to pay the claim. Maybe things are different in "no fault" states, but if I have a claim against the other driver's company and have collision coverage and medical ...
by jeffyscott
Wed Jun 21, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 5620

Re: What is your car's average cost ownership?

From a WSJ article yesterday about the future of car ownership: "They will have a powerful incentive to do so. A study by Deloitte Consulting , for example, estimates that the cost of personal car ownership is on average 97 cents a mile today" https://www.wsj.com/articles/the-end-of-car-ownership-1...
by jeffyscott
Wed Jun 21, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 14
Views: 1609

Re: radon test kit

I read about the calibration issue before buying. Some promoted the Correntium unit as being cheaper overall with recalibration costs. But official recalibration is only required for professional use. Like you plan to do, I figured if I felt it was needed, I would check it myself. A short term test ...
by jeffyscott
Wed Jun 21, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 5620

Re: What is your car's average cost ownership?

I own four cars and track all costs except insurance (not sure why I don't bother but I don't). Two cars and I have been doing the same for over 30 years, like you I don't track of insurance. Also don't track gas or annual registration fee, but that's currently only $75 per year. Current vehicles a...
by jeffyscott
Tue Jun 20, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 14
Views: 1609

Re: radon test kit

Short term tests are "accurate" in what they measure, unfortunately the levels vary a lot over time so a long term test or a meter is a far better way to measure it. We had a short term test at 2.2 in December and few months later, the following May, a short term test at 15.6. Here's another example...
by jeffyscott
Tue Jun 20, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus, in bitcoin
Replies: 21
Views: 2236

Re: Bonus, in bitcoin

If only there were something that anyone could exchange for anything they might want at any time they want... This is like people on craigslist who offer trades and I want to say: "here's an idea, find someone who wants to give you money for that thing and then you can give that money to me for my t...
by jeffyscott
Tue Jun 20, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2552

Re: Full comprehensive or liability only?

We just bought a used vehicle. It's a 2008, 32k miles, the body and inside are great but there are a few minor issues. We paid $5,000. We currently use State Farm but are looking to switch to Geico. Here are the quotes we got from State Farm: Full comprehensive - $291 every 6 months Liability - $16...
by jeffyscott
Tue Jun 20, 2017 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2552

Re: Full comprehensive or liability only?

No I read those words, but I am curious to know where the idea for the words "if you have an umbrella liability policy it may require you to have full coverage on all cars" comes from? Do you have some basis for stating that some insurance companies will require collision and comprehensive coverage ...
by jeffyscott
Tue Jun 20, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2552

Re: Full comprehensive or liability only?

My inclination would just be sure to have liability with one other caveat, if you have an umbrella liability policy it may require you to have full coverage on all cars, ask the agent. Why would an umbrella, which is liability coverage, require collision and comprehensive coverage? I have never hea...
by jeffyscott
Tue Jun 20, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2552

Re: Full comprehensive or liability only?

Typically I don't think older cars with limited market value need comprehensive coverage. One rule of thumb I've heard is you don't need full coverage if your annual premiums are greater then 10% of the market value of your car less the deductible. But in any case, that must be an insurance agent i...
by jeffyscott
Sat Jun 17, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: Air conditioner for narrow windows
Replies: 23
Views: 1818

Re: Air conditioner for narrow windows

But most of the readily available portable units have only one exhaust duct. FWIW, a search for "Dual Hose Portable Air Conditioner" seems to find some (though many that turn up are not actually dual hose, at least some are). At least one is just over $300 at Walmart after a "pickup discount" and a...
by jeffyscott
Sat Jun 17, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Air conditioner for narrow windows
Replies: 23
Views: 1818

Re: Air conditioner for narrow windows

But most of the readily available portable units have only one exhaust duct. FWIW, a search for "Dual Hose Portable Air Conditioner" seems to find some (though many that turn up are not actually dual hose, at least some are). At least one is just over $300 at Walmart after a "pickup discount" and a...
by jeffyscott
Sun Jun 11, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1377

Re: Keep unneeded life insurance?

The comparison presumes you would actually qualify for the top rate once you underwent medical underwriting. If you really are considering switching to a new policy, go through underwriting before you cancel the group policy. The group plan sounds like it is a good deal for the typical person your ...
by jeffyscott
Sat Jun 10, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1377

Re: Keep unneeded life insurance?

Why not do an estimate at term4sale.com? Came up similar to other quotes at a bit over $500 per year and up for $250K, with health level at preferred plus (which it appears I would qualify for). Premiums about double by going to average health and double again in going to smoker. The group plan pre...
by jeffyscott
Sat Jun 10, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1377

Re: Keep unneeded life insurance?

Yes, rates are confirmed. I have an official printed notice from employer that states gross amount of monthly pension and all deductions, including that for my current level of life insurance. This is exactly the same as my current share of premiums. The employee premium goes up for each 5 year age ...
by jeffyscott
Sat Jun 10, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1377

Re: Keep unneeded life insurance?

If you can buy cheaper insurance on the open market, why would you even consider paying more for the same coverage? Sounds like loss aversion... Not really, it is only because of the effective subsidy that I thought to maybe keep it. However, perhaps the real subsidy is non-smokers subsidizing smok...
by jeffyscott
Sat Jun 10, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1377

Re: Keep unneeded life insurance?

2. The insurance is being subsidized by an employer. In this case, accounting for the subsidy would show an expected insurance company profit margin. Obviously, in this case it is likely a good idea to take the subsidy. Yes, it is effectively subsidized in this way: As an active employee, I pay abo...
by jeffyscott
Sat Jun 10, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1377

Keep unneeded life insurance?

In retirement I can keep my employer provided life insurance. I have no need for the insurance, but my cost seems low enough that the insurance appears to have a positive expected value. Paying the premiums would not be a burden, we have income and wealth in excess of our needs/wants. My spouse or c...
by jeffyscott
Thu Jun 08, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 51
Views: 17770

Re: Opticians: is there any difference in quality of Costco glasses?

Yes it was. Given the rapid changes in lens markets, I have no idea if the best quality lens materials are percolating into the lower cost providers. Let's hope so. It's not really about the "materials" it is the lens design. The best quality, in terms of optics, would be crown glass or CR-39 (stan...
by jeffyscott
Sat May 20, 2017 7:39 am
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 51
Views: 17770

Re: Opticians: is there any difference in quality of Costco glasses?

...there was no Segment Height requested or on my prescription, same for my Costco lenses. I had my prescription done elsewhere but at Costco the person behind the counter had me put the frames on when I bought them and seemed to use a pen to mark something on them. Yes, that's how they measure the...
by jeffyscott
Fri May 19, 2017 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2950

Re: Learning how to spend

It seems like sometimes people who don't see a need nor have a desire to spend a lot of money feel pressure from the culture to go "enjoy their money" else they cheat themselves of a good life. I don't think that is universally true. For many of us happiness is not proportional to spendin...