Search found 73 matches

by jkushne1
Tue Jun 12, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 23
Views: 2267

Best Father's Day Gift You Ever Received (or wish you'd received)

With Father's Day around the corner, I was looking to get my father something nice. This year I won't be home for father's day and am still a medical resident with little money. But next year I will be back home and also should have more money as at attending. So, I was hoping to throw this out to t...
by jkushne1
Tue May 15, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Planned Summer trip to the Finger Lakes. Suggestions?
Replies: 8
Views: 748

Planned Summer trip to the Finger Lakes. Suggestions?

Finishing residency this summer and planning on doing a summer trip out of Philadelphia before I start my job in August. Looking to travel at the end of July into the first week of August. We were considering going to the finger lakes for about a week and was wondering if people had any suggestions ...
by jkushne1
Fri Apr 13, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: PURE insurance for high net worth families. Has anyone heard of them?
Replies: 3
Views: 835

PURE insurance for high net worth families. Has anyone heard of them?

One of my colleagues mentioned that he uses a company called PURE (Privilege Underwriter's Reciprocal Exchange) for all his insurance needs (auto, home, umbrella). He said they had excellent rates and great customer service as they only cater to a small sector of the population (high net worth). I w...
by jkushne1
Thu Apr 05, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: How to find a quality Estate Planning Attorney?
Replies: 13
Views: 1183

How to find a quality Estate Planning Attorney?

I am currently in the process of getting my financial house in order and plan on meeting with an Estate Planning Attorney in the next 12 months. However, what resources are available for finding a competent, reasonably priced attorney. Is there a good list somewhere. For reference, I live in the Phi...
by jkushne1
Tue Apr 03, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve: can I decline rental car insurance at the counter?
Replies: 7
Views: 970

Chase Sapphire Reserve: can I decline rental car insurance at the counter?

Just got the CSR card and love all the great benefits. While there are many, one that I was particularly looking at with an upcoming trip is rental car insurance protection. A quick read suggested you're covered up to $75k of collision/theft but didn't seem to cover liability if anyone got hurt (if ...
by jkushne1
Thu Mar 29, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: At what price difference would you no longer go with USAA for auto insurance?
Replies: 18
Views: 1712

At what price difference would you no longer go with USAA for auto insurance?

Everyone I've spoken to, and the reports I've read online have had nothing but good things to say about USAA, especially for auto. I'd like to go with them based on that information, but at what point is that added service not worth it and they price themselves out of the market. For instance, I've ...
by jkushne1
Sun Mar 25, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Deciphering USAA Auto Policy (or any auto policy for that matter). Need help.
Replies: 7
Views: 998

Deciphering USAA Auto Policy (or any auto policy for that matter). Need help.

I've posted a couple times in the past on a similar topic, but this post will be more comprehensive and hopefully can benefit other people who go through the same process with USAA (or even a good reference for any auto insurance evaluation). I will be finishing residency and moving form MI--> PA an...
by jkushne1
Sun Mar 25, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: PA (or similar state) Auto: Full Tort vs Limited Tort?
Replies: 4
Views: 280

PA (or similar state) Auto: Full Tort vs Limited Tort?

I am in the process of moving to Pennsylvania and will need to switch auto carriers. One of the unique things I found out about Pennsylvania is they have an option of "Full tort" vs "Limited tort". I'm not sure if other states have something similar but I was wondering what brighter minds than I thi...
by jkushne1
Sat Mar 24, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard i401k not syncing w/ aggregators bur rest of accounts do?
Replies: 2
Views: 199

Vanguard i401k not syncing w/ aggregators bur rest of accounts do?

I currently have most of my money in Vanguard and have been using aggregators Mint and Personal Capital for a couple years. I recently started an i401k at Vanguard and can see the money on my main Vanguard page along with all the rest of my other Vanguard accounts. However, when I login to either of...
by jkushne1
Tue Mar 20, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Index investing vs Real Estate/P2P/websites, etc.. How much is time worth?
Replies: 8
Views: 761

Index investing vs Real Estate/P2P/websites, etc.. How much is time worth?

I've currently been wrestling with further diversifying my overall portfolio. Currently, I do plain old vanilla investing with Vanguard index funds that is well-diversified and I will certainly stick with for the long term. I've read enough already that I feel comfortable with my plan, it is easy to...
by jkushne1
Tue Mar 20, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Saving Tax Returns and Supporting Documents
Replies: 2
Views: 402

Best Practices for Saving Tax Returns and Supporting Documents

As tax season is here, I was just wondering what the best practices are for storing/saving the tax documents. I know there are different posts online about how long you should be saving the documents (with some variability in those recommendations), but was curious what most people do on this forum....
by jkushne1
Sun Mar 18, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Bundling Insurance Providers when moving to a new state?
Replies: 2
Views: 239

Bundling Insurance Providers when moving to a new state?

I am a current resident about to graduate and will be moving from Michigan to Pennsylvania (near Philadelphia). We will initially be renting, but one of the major items on my “to-do list” is to review my insurance policies and get established in the new area. And for this particular post, I’m not ta...
by jkushne1
Thu Mar 15, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Family separation to maximize HDHP/HSA & also get good benefit for frequent user
Replies: 1
Views: 261

Family separation to maximize HDHP/HSA & also get good benefit for frequent user

Currently my wife (stay at home; 31yo), son (15mo) and myself (31yo) are all on the same medical plan under my employer. I will be starting as an independent contractor this summer and therefore will be purchasing insurance on the open market for the first time. My son and I are completely healthy a...
by jkushne1
Thu Mar 15, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Are dental/vision premiums deductible for an independent contractor?
Replies: 3
Views: 428

Are dental/vision premiums deductible for an independent contractor?

About to finish residency and will be starting as an independent contractor this summer as an attending and therefore purchasing medical, dental and vision insurance for me and my family on the open market. My understanding is that the health insurance premiums were deductible on my taxes but I wasn...
by jkushne1
Sat Mar 10, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Contingent Beneficiaries
Replies: 6
Views: 982

Contingent Beneficiaries

Currently a resident and trying to get my financial house in order. One of the major things this week is making sure beneficiaries and contingent beneficiaries are in place for all of my accounts. My spouse is the primary beneficiary (and vice versa) and the contingent beneficiary is currently her s...
by jkushne1
Wed Mar 07, 2018 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Switching to online bank. Keep brick/mortar bank account open?
Replies: 54
Views: 3361

Switching to online bank. Keep brick/mortar bank account open?

After doing enough of my own research on forums and online, I'm convinced of the benefits of opening up an account at an online bank (Ally). However, I was wondering if I should be closing my brick/mortar bank account (Wells Fargo) or just leaving a small portion of cash there. -For those who only u...
by jkushne1
Tue Mar 06, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Paying State Taxes when converting 401k-->IRA-->Roth IRA?
Replies: 6
Views: 719

Paying State Taxes when converting 401k-->IRA-->Roth IRA?

I was curious how state taxes come into play when you are rolling over money from a pre tax retirement account (401k, IRA) to a tax free retirement account (Roth IRA). I'm assuming you pay taxes to the state that you are currently residing in and not the state where you earned the money, but I was c...
by jkushne1
Wed Feb 21, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Can you front load a solo 401k based upon expected income?
Replies: 4
Views: 515

Can you front load a solo 401k based upon expected income?

I will be an independent contractor next year with likely income between 300-400k. I will be starting a solo 401k and plan to max it out each year. My question is when do most people contribute to their i401k? Do they do it periodically throughout the year when they get each paycheck like most W2 em...
by jkushne1
Sun Feb 11, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Which 529 to use: Nevada, Utah, or Michigan?
Replies: 5
Views: 639

Which 529 to use: Nevada, Utah, or Michigan?

I'm currently finishing up medical training in Michigan and have started a small 529 for my first child. I will be moving to Pennsylvania and staying there for (hopefully) the rest of my career. Pennsylvania is great in that they will give you a deduction if you contribute to ANY 529. So at this poi...
by jkushne1
Sat Feb 10, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Dropping comprehensive/collision auto insurance - implications with rentals?
Replies: 23
Views: 1452

Dropping comprehensive/collision auto insurance - implications with rentals?

I currently have two vehicles, one is relatively new and the other is a beater. I am considering dropping the comprehensive/collision on the beater (keeping liability of course) but was wondering what implications that has whenever I need a rental vehicle for trips, etc... I want to make sure that i...
by jkushne1
Mon Feb 05, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation with spreadsheet vs aggregator, which is more accurate?
Replies: 1
Views: 232

Asset Allocation with spreadsheet vs aggregator, which is more accurate?

I have been adjusting my asset allocation the last year or so and finally came upon a plan I am comfortable with. I only have 5 major asset classes (Total stock, total international, Total Bond, SCV, REIT). Every few months I put my current numbers in a spreadsheet and based upon my desired allocati...
by jkushne1
Tue Jan 23, 2018 6:27 am
Forum: Investing - Help with Personal Investments
Topic: Where do REIT's belong in asset allocation- under stocks or in a separate class?
Replies: 2
Views: 400

Where do REIT's belong in asset allocation- under stocks or in a separate class?

I’m working on revising my asset allocation and trying to figure out where REITs belong. I’ve seen some people lump them under their domestic stock allocation while other people put it under an alternatives/Real Estate section. I was personally thinking of putting it under its own alternatives/real ...
by jkushne1
Thu Jan 11, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in my HSA although insurance is through my spouse. Will this work?
Replies: 2
Views: 268

Investing in my HSA although insurance is through my spouse. Will this work?

I am currently an attending physician working as an independent contractor. Prior to this job, I was a resident with a W2 salary and contributed to my HSA every year (family contribution). Currently, my account has ~20k in it. However, now that I am an independent contractor, we get our family insur...
by jkushne1
Mon Jan 01, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Money from Roth 401k to Roth IRA, when does it make sense?
Replies: 3
Views: 295

Transferring Money from Roth 401k to Roth IRA, when does it make sense?

I am a current medical resident and soon to be attending. My wife worked throughout residency but stopped after the birth of our son. She has been investing in her company retirement plan. They have a Roth option so we have contributed all money to their Roth 403b (with me in lower earning years as ...
by jkushne1
Wed Dec 13, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Apps or spreadsheets for tracking miles, expenses, etc... as an independent contractor
Replies: 0
Views: 146

Apps or spreadsheets for tracking miles, expenses, etc... as an independent contractor

In July I will be starting a job as a new attending physician (graduate residency in June). The position is as an independent contractor so I know there will be several expenses that will help on my tax return in regards to business deductions (travel mileage, conferences, home office, work equipmen...
by jkushne1
Mon Dec 11, 2017 9:14 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7856

Snow Tires? Worth it?

Random question for the group. I currently have 4 wheel drive Honda CRV with all season tires. However, we just moved to a cold weather location with longer winters and I have a longer commute now than before. My questions: -Does anyone recommend snow tires, even if a 4 wheel drive care? I have a wi...
by jkushne1
Tue Jul 18, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Considering a new accountant?
Replies: 5
Views: 865

Considering a new accountant?

Currently a medical resident but will be graduating soon. My tax returns have been relatively uncomplicated thus far and I've always used my family's CPA who has done a fine job with the preparation. He has always been good at answering my questions (especially after I've done my own reading on a to...
by jkushne1
Wed Jul 12, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Jewelry insurance. Is it ever worth it?
Replies: 42
Views: 6681

Re: Jewelry insurance. Is it ever worth it?

 Definitely appreciate all of the input on this. I plan on discussing with my wife this weekend and also reviewing our renter's policy for options. As to the cost of the rings, I didn't actually pay that much. The main stone was a family heirloom and several of the smaller diamonds were also passed ...
by jkushne1
Tue Jul 11, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Jewelry insurance. Is it ever worth it?
Replies: 42
Views: 6681

Jewelry insurance. Is it ever worth it?

My wife has a three pieces of jewelry worth about $20k in all. For the past couple years we've paid for jewelry insurance at a cost of approximately $320 dollars annually. Not a great deal of money, but the more I read and learn about finance, the more I see that you should only insure things you ca...
by jkushne1
Mon Jul 03, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Which total bond fund to go with?
Replies: 14
Views: 2022

Which total bond fund to go with?

30yo medical resident about to invest a very small portion of my retirement in bond funds (~5-10% of overall portfolio). I've been investing with vanguard total market stock funds for years, but this will be my first investment into their bond offerings. Trying to decide what most people use and the...
by jkushne1
Fri Jun 16, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 53
Views: 6856

USAA opinions. Worth it?

Current PGY-3 resident and just found out that I am eligible for USAA due to family in the military. I have yet to compare prices for insurance or any of the other services, but I was wondering what experiences people have had with them in the past? -How are their auto or homeowner's insurance rates...
by jkushne1
Tue May 23, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: First attending level job but no 401k offered. What are the options?
Replies: 14
Views: 1794

First attending level job but no 401k offered. What are the options?

Just started the physician job search as I will be a rising senior resident in a well paying specialty. Some potential employers have offered a 401k with profit sharing as well as some other great retirement plan options that I’m looking to take advantage of with a much higher salary than I currentl...
by jkushne1
Sat Apr 29, 2017 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Should I get disability on my part-time working spouse?
Replies: 2
Views: 320

Should I get disability on my part-time working spouse?

Current medical resident, about to graduate in 14 months. My wife is a physician assistant and just switched to part time work after the birth of our first child (currently 5 months old). I already have disability and life insurance and we also have life insurance for my wife. Deciding if it makes s...
by jkushne1
Sat Apr 29, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance? How much to get? How much do people have?
Replies: 8
Views: 1068

Auto Insurance? How much to get? How much do people have?

Currently a medical resident and moving to a new state so I'm reevaluating my auto insurance policies and what I need on our two vehicles (both 2016 Honda CR-V). We have a sizable emergency fund. I've been doing some reading and the general recommendation is to get a lot of liability insurance, cons...
by jkushne1
Sat Apr 08, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to setup a will
Replies: 42
Views: 4942

Best place to setup a will

Resident physician with a new kid at home. We don’t have many assets at this point but was interested in setting up a will to handle affairs in the event of my death. Looking for something basic that is inexpensive but is a legal document and was looking for suggestions of possible resources and oth...
by jkushne1
Mon Mar 27, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Auto Insurance as a Medical Resident - Switching states
Replies: 4
Views: 649

Auto Insurance as a Medical Resident - Switching states

I am currently a medical resident. I moved out of my home state about a year and a half ago. My wife and I kept our license, plates, and insurance in our home state because she was frequently traveling home to see her sick mother (the insurance happened to be significantly cheaper as well). Her moth...
by jkushne1
Mon Mar 20, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 2 factor authentication and Mint or Personal Capital
Replies: 12
Views: 13350

Vanguard 2 factor authentication and Mint or Personal Capital

I am in the process of setting up 2FA for several of my financial sites for additional security but am running into problems as other services I use (namely Mint and Personal Capital) try and access that information which results in multiple notifications as well as other problems. Has anyone experi...
by jkushne1
Mon Jan 30, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Company 401k for only half the year - am I eligible for individual 401k?
Replies: 2
Views: 559

Company 401k for only half the year - am I eligible for individual 401k?

A question came up from one of my senior co-residents who is entertaining job offers. He is currently a resident and our hospital offers a regular 401k as a W2 employee. He will graduate in June and take a position as an attending, but in the contract he mentioned that he won't have access to the 40...
by jkushne1
Sun Jan 22, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: 529 For my child: who should be the "owner" - me, my wife, or both of us
Replies: 7
Views: 1062

529 For my child: who should be the "owner" - me, my wife, or both of us

Just setup a 529 for my newborn son. I've been starting to read more about asset protection lately and was wondering who should actually be the owner of the policy. Currently it is me since I'm the financially savvy one compared to my wife and I'm the one who took the steps to set it up. However, I'...
by jkushne1
Sun Jan 22, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance questions and help
Replies: 19
Views: 3121

Umbrella insurance questions and help

I'm looking into umbrella insurance for the first time. Currently I'm a medical resident and have low assets now but the potential for significant salary and net worth accumulations in the next 10-20 years. Already have life/disability setup. 1) How much to get? I've seen people suggested your curre...
by jkushne1
Wed Dec 28, 2016 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: New account for child?
Replies: 3
Views: 494

New account for child?

We just had our first child and was wondering what types of savings accounts you've setup for children. Almost all of the money we give him will go directly into his 529 account that we've already established. However, we've already received a few checks made out to him from family members that have...
by jkushne1
Sun Dec 11, 2016 9:26 am
Forum: Investing - Help with Personal Investments
Topic: FSA childcare with nanny from care.com?
Replies: 2
Views: 313

FSA childcare with nanny from care.com?

We just had our first baby and will be returning to work in early 2017. We just found a great nanny off of care.com. We will be paying her via check on a weekly/monthly basis depending upon how many hours we use her for. I’m just curious, am I able to use the flexible spending account for childcare ...
by jkushne1
Sat Nov 05, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss harvesting wash sale rules with an HSA?
Replies: 7
Views: 1624

Tax Loss harvesting wash sale rules with an HSA?

Just starting to explore the idea of TLH with my taxable account but I'm trying to understand some of the rules regarding wash sale rules. If I want to harvest a loss in my taxable account (TSM--> 500 index) but within 30 days, I automatically have money in my HSA invested into 500 index (company do...
by jkushne1
Mon Oct 24, 2016 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluating HDHP vs traditional plan with new child - number crunching help!
Replies: 2
Views: 421

Evaluating HDHP vs traditional plan with new child - number crunching help!

My wife is due with our first child in under a month and it also happens to be open enrollment for our health insurance plans and I am evaluating which makes the most sense in our situation. Prior to this life-changing event (and my wife's pregnancy), in the past few years we always did HDHP so we c...
by jkushne1
Sat Oct 22, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Dependent Care FSA and Child Care Credit Questions
Replies: 2
Views: 545

Dependent Care FSA and Child Care Credit Questions

My wife and I are expecting our first child next month and we are addressing open enrollment for next year. One of the options is a Dependent Care FSA. I am trying to wrap my head around this option and also the "Child and Dependent Care Credit." Any thoughts would be appreciated. Background : -Star...
by jkushne1
Sat Oct 22, 2016 9:25 am
Forum: Investing - Help with Personal Investments
Topic: HSA question -> two plans...how much can family contribute
Replies: 1
Views: 316

HSA question -> two plans...how much can family contribute

Quick HSA question Background : -My wife and son are on a separate health plan than myself through her employer. -Both her employer and my employer offer high deductible health plan offerings with HSA employer contributions -We file our tax returns, "married filing jointly." -I know the 2017 HSA con...
by jkushne1
Thu Sep 08, 2016 7:13 am
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard?
Replies: 1
Views: 572

DFA vs Vanguard?

Relatively new in the world of investing and have recently moved all my funds to low cost Vanguard index funds. However, I've been reading a little more about DFA and was curious people's perspectives for those who have used it. The recent podcasts that I've listened to seem to state they were super...
by jkushne1
Mon Aug 29, 2016 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Fund Placement
Replies: 6
Views: 1327

Tax Efficient Fund Placement

Looking to best allocate my money between my taxable accounts vs tax advantaged accounts in the various asset classes. All of my funds are with Vanguard. I came across this link which has a nice chart (https://www.bogleheads.org/wiki/Tax-efficient_fund_placement), but was curious getting other peopl...
by jkushne1
Sat Aug 27, 2016 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Best book on Taxes?
Replies: 9
Views: 1240

Best book on Taxes?

I'm looking to increase my knowledge on taxes and the tax code. I don't plan on doing my own taxes in the near future but I'd like to understand what goes into the various forms, what constitutes deductions, etc... so that I can make better informed decisions as to what to provide to my accountant a...
by jkushne1
Wed Aug 17, 2016 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Help on starting a solo 401k or SEP IRA
Replies: 1
Views: 303

Help on starting a solo 401k or SEP IRA

I've just starting reading about solo 401k and SEP IRA's and want to try and take advantage of some of these opportunities. Current situation: I am a medical resident who is currently maxing out hospital 401k, Roths, HSA, etc... I am starting to make some money on the side this year. At this point i...