Search found 38 matches

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: 257

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: 915

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: 449

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: 807

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: 2091

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: 284

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: 225

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: 1142

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: 356

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: 385

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. Backgrou...
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: 269

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 20...
by jkushne1
Thu Sep 08, 2016 7:13 am
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard?
Replies: 1
Views: 484

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: 990

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: 1110

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: 220

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...
by jkushne1
Wed Aug 17, 2016 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Best book/resource on asset protection?
Replies: 1
Views: 246

Best book/resource on asset protection?

I’m always looking to expand my knowledge of various investing and personal finance topics. I was wondering what recommendations people had for the best books (or resources in general) that talk all about asset protection. Hopefully it is comprehensive and includes retirement accounts, various types...
by jkushne1
Sun Aug 07, 2016 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: How to deploy surplus of cash?
Replies: 3
Views: 1003

How to deploy surplus of cash?

I could use a little help as to how best to deploy some extra cash from a recent inheritance. My current situation is as follows: -Medical Resident with two years left in training. Current income ~55k/year. Expected salary once an attending: 350-400k/yr -Wife currently makes ~100k/yr but will drop t...
by jkushne1
Tue Jun 28, 2016 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Best Checking/Savings Accounts?
Replies: 4
Views: 737

Best Checking/Savings Accounts?

I currently have my checking and savings accounts with Wells Fargo but the interest rate is horrible. I am looking to setup an additional bank with higher rates. I'm thinking of an online bank to achieve this and keep the bulk of my money, but still keep WF open to pay some of the bills and for any ...
by jkushne1
Mon Jun 27, 2016 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Unique Health Savings Account Question
Replies: 8
Views: 1109

Re: Unique Health Savings Account Question

Great points from everyone for me to evaluate. I really appreciate all the input and will likely stay put for 2016. Quick follow up question. Let's assume I make no changes for 2016 and now we're talking about 2017 plans. I will likely stay on my individual HDHP with an HSA as an individual and my w...
by jkushne1
Sun Jun 26, 2016 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Unique Health Savings Account Question
Replies: 8
Views: 1109

Unique Health Savings Account Question

Here is a unique question regarding my Health Savings Account that I could use some opinions on. I currently have a Health Savings Account for 2016 as an individual and will be maxing out my contribution this year. My wife is currently utilizing a different health insurance plan through her employer...
by jkushne1
Thu May 26, 2016 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Make sense starting solo 401k/SEP with survey money?
Replies: 0
Views: 516

Make sense starting solo 401k/SEP with survey money?

Current situation: PGY2 resident who just started signing up for various medical surveys (per the recs of peers & this site) and am starting to make some solid additional money. While I am doing surveys through multiple companies, several state that they need to send tax information when your to...
by jkushne1
Fri May 06, 2016 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: How to spend a windfall/inheritance. Help please.
Replies: 10
Views: 1655

Re: How to spend a windfall/inheritance. Help please.

Thanks for the replies. Hopefully more people can contribute and offer their 2 cents. As to the posts already listed... -After the baby is born, we'd likely make ~75-100k/yr. After the car purchases, baby expenses (daycare, diapers, nursery...) we 'might' be able to max our 401k's (18 + 18) but we w...
by jkushne1
Thu May 05, 2016 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to spend a windfall/inheritance. Help please.
Replies: 10
Views: 1655

How to spend a windfall/inheritance. Help please.

Here is my current financial situation: -I am a current 29yo, PGY-2 medical resident (soon to be PGY-3) with annual salary ~53k/yr with about another 26 months until residency completion. Expected earnings ~350-400k/yr upon graduation with likely salary increases afterwards. -My spouse currently wor...
by jkushne1
Sat Apr 30, 2016 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance affect your ability to make Roth contributions?
Replies: 1
Views: 350

Inheritance affect your ability to make Roth contributions?

My wife and I are currently in a low tax bracket, making about 100k combined a year, thus allowing us to contribute to Roth IRA's directly. A recent inheritance after the death of a loved one is expected at around 200k. Will we still be able to make a direct Roth contribution, or will we have to do ...
by jkushne1
Sun Mar 27, 2016 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Life Insurance - how much to get (medical resident)
Replies: 3
Views: 550

Life Insurance - how much to get (medical resident)

I'm looking into buying term life insurance and was would appreciate any sort of feedback in terms of suggestions as to how much to purchase and from where. My background... I am a 29yo male second year resident married to a physician assistant. I already have disability insurance but am looking to ...
by jkushne1
Sun Feb 28, 2016 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate effective tax rate?
Replies: 7
Views: 757

How to calculate effective tax rate?

Pretty new to investing and looking to calculate some of the numbers that are important for net worth (net worth, savings rate, marginal/effective taxes, etc...). I am trying to figure out how to calculate my effective tax rate. Marginal seems pretty easy but was curious how to calculate effective. ...
by jkushne1
Sun Feb 07, 2016 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest my HSA money?
Replies: 8
Views: 1048

How to invest my HSA money?

I've started saving money in a Health Savings Account (HSA) the past couple years through my company and have about $8,000 in it so far. I plan to pay medical bills out of pocket and let it grow until retirement (I'm only 28 so I have some time). The HSA with my job has lots of low cost index funds ...
by jkushne1
Mon Feb 01, 2016 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate your savings rate? Making sense of all the numbers.
Replies: 7
Views: 1459

How to calculate your savings rate? Making sense of all the numbers.

Pretty new to the world of investing and want to start calculating my annual savings rate on both my gross pay as well as my net pay after taxes. However, looking at my last year tax return, I'm having a hard time figuring out which numbers to use to get my calculations. For 2015, both my wife and I...
by jkushne1
Mon Feb 01, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand tax loss harvesting!
Replies: 4
Views: 686

Trying to understand tax loss harvesting!

Trying to wrap my head around tax loss harvesting and looking for some clarification. I’ve never personally done it yet as all my assets are in tax protected accounts, but in a few years that will no longer be the case. I understand the basic principles behind TLH and the ability to offset capital g...
by jkushne1
Thu Jan 21, 2016 7:30 am
Forum: Investing - Help with Personal Investments
Topic: When is an HSA account no longer worth it?
Replies: 21
Views: 2531

When is an HSA account no longer worth it?

I currently have been using an HSA account for the past few years and think they are a great idea and plan to use them throughout the rest of my career for its various benefits (my wife and I are completely healthy). However, my wife and I will likely be trying for our first child in the coming mont...
by jkushne1
Sat Jan 09, 2016 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Medical Resident asset class help
Replies: 5
Views: 582

Medical Resident asset class help

Me: PGY-2 derm resident, 28yo. Read white coat investor site religiously but looking for additional Boglehead thoughts. Hoping to get an allocation that I'll be happy with in the long run, will require minimal rebalancing (1-2yr max), take advantage of Fama/French small/value benefits. Currently all...
by jkushne1
Sat Aug 22, 2015 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Help
Replies: 2
Views: 346

Asset Allocation Help

Bogleheads, I could really use your help coming up with an asset allocation that makes sense for me. I'm currently 28years old and in the middle of my dermatology residency and have 3 years left until finishing. I make about 50/yr and my wife luckily works and makes ~100k/yr. That may change when we...
by jkushne1
Sun May 24, 2015 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Medical Student Loan Refinancing - Fixed vs Variable
Replies: 8
Views: 1001

Fixed vs Variable Refinancing?

[Thread merged into here, see below. --admin LadyGeek] Bogleheads, I am currently a medical resident in training with a large loan burden (187k) from four years in medical school. Fortunately, my wife makes a good salary as well so we don't have to do "Income Based Repayments" or "Pa...
by jkushne1
Fri May 22, 2015 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Medical Student Loan Refinancing - Fixed vs Variable
Replies: 8
Views: 1001

Re: Medical Student Loan Refinancing - Fixed vs Variable

I certainly appreciate all of the input so far and definitely welcome additional insight. I wasn't able to call DRB (the loan financer) the past few days because of work obligations (the life of a resident) to answer all your questions, but here is some additional information that will hopefully hel...
by jkushne1
Thu May 21, 2015 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Medical Student Loan Refinancing - Fixed vs Variable
Replies: 8
Views: 1001

Medical Student Loan Refinancing - Fixed vs Variable

[See updated post below. --admin LadyGeek] Bogleheads, I definitely appreciate any thoughts and insight regarding the following: I am currently a medical resident in training with a large loan burden (187k) from four years in medical school. Fortunately, my wife makes a good salary as well so we do...
by jkushne1
Wed Nov 26, 2014 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: student loans vs retirement accounts
Replies: 14
Views: 2171

Re: student loans vs retirement accounts

I definitely appreciate all of the recommendations thus far and am weighing the options with my wife. To answer some of the questions highlighted in above posts and help you guys better help me... -Here are the expense ratios offered in my 401K that I am currently invested in through my employer (Hc...
by jkushne1
Tue Nov 25, 2014 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: student loans vs retirement accounts
Replies: 14
Views: 2171

Re: student loans vs retirement accounts

Thanks for the information. Definitely an interesting article on financial samurai that offers some consideration for sure. As to the point about what options the 401K offers, they offer multiple low cost index funds (which I tend to invest in more) and a handful of other options with higher fees wh...
by jkushne1
Sun Nov 23, 2014 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: student loans vs retirement accounts
Replies: 14
Views: 2171

student loans vs retirement accounts

Question regarding whether I should pay down my student loans vs contributing to retirement (Roth IRA, 401k, etc...). I am currently a medical resident training to become a dermatologist. Here is a quick summary for those who are familiar with the path to becoming a physician. -Currently PGY-1 osteo...

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