Search found 498 matches

by kd2008
Thu May 18, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2428

Re: Learning how to spend

Tamalak wrote:Money is power and luxury and fun when you spend it. It's freedom, security, and stability when you don't spend it.


Quote of the day! Thanks for sharing!
by kd2008
Thu May 18, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2428

Re: Learning how to spend

I am of similar age and lesser wage and much lesser savings or no pensions compared you. I empathize with your conflicted feelings about savings and spending. Understand that you spend what you choose to. You earn based on your employment. Understand that the nexus between spending and earning is st...
by kd2008
Wed May 17, 2017 8:07 am
Forum: Investing - Theory, News & General
Topic: What Will Burst the Next Bubble?
Replies: 66
Views: 6243

Re: What Will Burst the Next Bubble?

There may not be a bubble to burst. We had (sizeable) corrections in 2011 and 2015. If tax reform fails, there may be another one. There is no point in waiting for something to happen. Follow your IPS and stay the course. Focus on living life instead of dry powder and other not so useful mental acco...
by kd2008
Wed May 10, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Employer health insurance - traditional vs. high deductible
Replies: 17
Views: 1080

Re: Employer health insurance - traditional vs. high deductible

Please checkout Do The Math: HMO/PPO vs High Deductible Plan With HSA

As others have pointed out, lower premiums and higher deductible mostly tend to cancel each other out. The bulk of the savings are from tax savings on HSA contributions.
by kd2008
Wed May 10, 2017 7:34 am
Forum: Investing - Help with Personal Investments
Topic: My dad needs my help.
Replies: 50
Views: 4686

Re: My dad needs my help.

OP, how did it go with PAS?
by kd2008
Tue May 09, 2017 3:30 am
Forum: Investing - Help with Personal Investments
Topic: small change left over in IRA from backdoor conversion--what should I do
Replies: 7
Views: 572

Re: small change left over in IRA from backdoor conversion--what should I do

This is what I dislike about the new vanguard brokerage sweep thing (assuming OP had to do this). A litter of cents with every transaction. OP, if you intend to do mega backdoor roth, then yes please withdraw these cents from trad IRA and pay penalty and taxes on it. Probably 30 cents or more.
by kd2008
Wed May 03, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: My dad needs my help.
Replies: 50
Views: 4686

Re: My dad needs my help.

I strongly recommend Vanguard PAS in your situation. You do not have to full 850K under their service. You will get the same service even if you just have 50K (the minimum) and the rest you self-manage for your dad per the plan they advise with funds invested at Vanguard. This will help reduce the o...
by kd2008
Tue May 02, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset allocation
Replies: 13
Views: 984

Re: Help with asset allocation

https://thefinancebuff.com/most-tsp-par ... h-tsp.html

Please read the above article. It is especially relevant considering you max out your TSP. Roth TSP is the way to go for you unless there are other mitigating tax consequences.

You have a great plan in place!
by kd2008
Tue May 02, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Optum HSA Website Issues
Replies: 3
Views: 272

Re: Optum HSA Website Issues

Yes, I had the same issue yesterday. I was able to login late last night. I think when it is generating monthly statements it goes out of action. That website is so clunky.
by kd2008
Wed Apr 26, 2017 7:09 am
Forum: Investing - Theory, News & General
Topic: "When Holding is the Hardest Part"
Replies: 10
Views: 1664

Re: "When Holding is the Hardest Part"

Stay the course. Follow your IPS. Second that. My account balance has grown 8x my annual expenses in last 12 months. I rebalance with new contributions so my asset allocation has not budged. As I grow older, looking at the on-the-course allocation helps me sleep well at night. I have seen balances r...
by kd2008
Tue Apr 18, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Alternative to Sprint? DW and I pay $156/mo.
Replies: 8
Views: 550

Re: Alternative to Sprint? DW and I pay $156/mo.

I seems you are paying a lot for something you never use. If At&T Coverage is good in your area, go with Cricket Wireless. It is prepaid - you pay ahead for the next 30 days. $50/month gets you 8 GB and $40/month gets you 3 GB - Data is unlimited, it just slows down after the data bucket is used...
by kd2008
Mon Apr 17, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: When to take IRA withdrawals
Replies: 2
Views: 289

Re: When to take IRA withdrawals

i-orp says "Your age and your spouse's age difference is too big.." and throws an error.

Any other solutions?
by kd2008
Mon Apr 17, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: When to take IRA withdrawals
Replies: 2
Views: 289

When to take IRA withdrawals

Previously, I was helping out a same-sex married couple with 20 yr age difference on medicare enrollment here: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=215743 Now I need this forum's help in figuring out the timing of IRA withdrawals for the older spouse while the younger one is stil...
by kd2008
Fri Apr 14, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Is Growing Faster Than Everybody Else Combined]
Replies: 34
Views: 2324

NYT article on Vanguard

[Thread merged into here, see below. --admin LadyGeek] https://www.nytimes.com/2017/04/14/business/mutfund/vanguard-mutual-index-funds-growth.html In the last three calendar years, investors sank $823 billion into Vanguard funds, the company says. The scale of that inflow becomes clear when it is c...
by kd2008
Wed Apr 12, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Designing Your Life
Replies: 83
Views: 9985

Re: Designing Your Life

Victoria and others, Have you checked out these Lifestyle Design articles from Finance Buff? https://thefinancebuff.com/looking-at-the-big-financial-picture.html https://thefinancebuff.com/lifestyle-design-choose-what-you-know.html https://thefinancebuff.com/lifestyle-design-choose-where-you-live.ht...
by kd2008
Tue Apr 11, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Contract for Deed in dedicated IRA
Replies: 5
Views: 321

Re: Contract for Deed in dedicated IRA

Please check out https://www.pdffiller.com/en/project/107060619.htm

I believe this is specific to North Dakota.

Please open it on a desktop PC and you will need adobe flash player installed. If you wish to actually download the form, you will have to create an account.
by kd2008
Tue Apr 11, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Contract for Deed in dedicated IRA
Replies: 5
Views: 321

Re: Contract for Deed in dedicated IRA

Property Taxes and Assessments For the duration of this Agreement, the Purchaser will be responsible for all taxes, and assessments levied against the Premises. Just change it to: For the duration of this Agreement, Seller shall pay all property taxes, assessments and insurance levied against the p...
by kd2008
Thu Apr 06, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1474

Re: When to enroll in Medicare?

I appreciate each of one for helping me out. Thank you! Please let us not expend our goodwill towards each other but grow it evermore. Let us go forth more enlightened, educated and appreciative of differing view points on the same subject having come together on this forum to help each other out.
by kd2008
Thu Apr 06, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1474

Re: When to enroll in Medicare?

Thank you drawpoker. That is very helpful. This is the best, most detailed, and clear explanation I have found of the whole subject of when, and just exactly how so as to avoid mistakes, enrolling in Medicare when you plan to work past age 65 and your employer offers a HSA. https://www.medicareinter...
by kd2008
Thu Apr 06, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1474

Re: When to enroll in Medicare?

Thank you for even more details Spiritrider. All is clear now.
by kd2008
Thu Apr 06, 2017 2:18 am
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1474

Re: When to enroll in Medicare?

⋅ When you apply for and receive SS benefits on or after age 65, Medicare enrollment is automatic and mandatory at that time. ⋅ If you do not apply for and receive SS benefits, Medicare enrollment is neither automatic nor mandatory at any age Guy A will also be able to continue ...
by kd2008
Wed Apr 05, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1474

Re: When to enroll in Medicare?

Check the rules on timing carefully. I think Guy A has to be on Spouse's insurance before he becomes eligible for Medicare. Then he should be able to ride it as long as spouse has qualifying employee insurance covering both. Retiree insurance or COBRA does not avoid the penalty. Important point. I ...
by kd2008
Wed Apr 05, 2017 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1474

When to enroll in Medicare?

I am helping out a same-sex married couple with 20 yr age difference on medicare enrollment. I would like forum's help on this. Thanks! Guy A is 62 and Guy B is 42. Both in good health. Currently, Guy A has health insurance through his own employer and Guy B through is own employer - Different emplo...
by kd2008
Tue Apr 04, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Increases
Replies: 37
Views: 2292

Re: Medigap Plan F Increases

Yeah plan f will go away and everyone's new best friend will be plan g and plan f hd will become plan g hd (new thing starting 2020) so a deductible of 183$ for all plans offered. No biggie. No biggie? will become plan g-hd? new thing starting 2020? Yes, it has been brought up, but to my knowledge,...
by kd2008
Tue Apr 04, 2017 10:05 pm
Forum: Personal Consumer Issues
Topic: Advice on Long-term Health Care Insurance
Replies: 15
Views: 1569

Re: Advice on Long-term Health Care Insurance

Would appreciate your advice (tips, tricks, traps) on purchasing Long-Term Health Care Insurance. Thank you. Something to keep in mind is that once you go into long term care many of your other expenses will stop. Paying $80,000 a year(or whatever) might sound expensive but if your normal retiremen...
by kd2008
Tue Apr 04, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Increases
Replies: 37
Views: 2292

Re: Medigap Plan F Increases

Maybe I did not explain my situation clearly. I retired on 12/31/2016. That is when my employer's coverage ended. As I retired at the age of 73 instead of 65 when most people start Medicare, I had to prove to Medicare that I had coverage until 12/31/2016. I paid Medicare B and D premiums effective ...
by kd2008
Tue Apr 04, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Increases
Replies: 37
Views: 2292

Re: Medigap Plan F Increases

I am a baby compared to folks on this thread. So I can see that relatively healthy folks go with medicare advantage part while chronic condition folks go with plan F. No, I haven't been to a doctor for 3 months. I had to undergo an underwriting examination for Medigap F as I enrolled into Medicare ...
by kd2008
Tue Apr 04, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Increases
Replies: 37
Views: 2292

Re: Medigap Plan F Increases

....am just playing with numbers to see piece together the whole picture. Please let me know if I left anything out. 1 ......+ Medicare Supplement Plan F - high deductible (about $76/month) ..... 2 ....Minimum alternative... ...... ride out prescription costs and no-limit out of pocket As for #1 - ...
by kd2008
Tue Apr 04, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Increases
Replies: 37
Views: 2292

Re: Medigap Plan F Increases

When I had Medigap F or G plans the premiums increased with age and with higher percentage increases(upper 10s and 20s) in my late 70s to the point when I reached 80 the cost was too high. I then changed to an Advantage plan which is saving me over $2000 each year with good coverage. My wife also c...
by kd2008
Tue Apr 04, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Increases
Replies: 37
Views: 2292

Re: Medigap Plan F Increases

I am a baby compared to folks on this thread. I am just playing with numbers to see piece together the whole picture. Please let me know if I left anything out. (For some instances Part B premiums are lower if also receiving SS.) It seems Part A (no premium) + Part B (about $134/month) + Medicare Su...
by kd2008
Tue Apr 04, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash
Replies: 33
Views: 4290

Re: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash

I helped a family member open a Vanguard IRA online few weeks ago. The identity could not be verified. So the member requested the paper copy of enrollment form. It came in the mail a week later prefilled with a prepaid envelope. The prepaid envelope had different address than the one listed on the ...
by kd2008
Mon Mar 27, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Expected Taxes Per Paycheck
Replies: 23
Views: 1715

Re: Calculating Expected Taxes Per Paycheck

Google adp paycheck calculator and enter numbers and done
by kd2008
Mon Mar 27, 2017 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: 401k - Excess Distribution Payment
Replies: 5
Views: 445

Re: 401k - Excess Distribution Payment

Your employer's 401k plan failed ACP/ADP non-discrimination testing meaning highly compensated employees like yourself contributed too much in relation to regular low paid employees. To be compliant with ERISA regulation, the plan had to refund excess so that you do not contribute too much while oth...
by kd2008
Fri Mar 17, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 14
Views: 2082

Re: PTO issue with Wife's work

It is hard to find a job which is why people are afraid. And it is hard to find a well trained employee too! If you do not value your human capital, the employer has no incentive to do so. Esp. if you are Boglehead and have laid a good foundation, saying no, has the opposite effect. In parlance, it...
by kd2008
Fri Mar 17, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 127
Views: 10540

Re: GEICO auto rates vs. USAA: too good to be true?

OP, why are you fishing for opinions when you need data? Your state insurance commission probably publishes typical "standardized" rates for various scenario like 30 yr old male driving 15K miles each year etc Your Government Helps You Find Lower Auto & Home Insurance Rate Read the dat...
by kd2008
Fri Mar 17, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 14
Views: 2082

Re: PTO issue with Wife's work

OP, you are overthinking this way too much. Management already said all are going to lose their PTO. So essentially there is no fairness or good faith attempt at making employees whole. As such this is corporate theft. This is no team environment. So do what you/ your wife need to do. Call in sick e...
by kd2008
Fri Mar 17, 2017 7:58 am
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 8859

Re: Why don't things "feel" bubbly?

It is hard for market sectors to develop a bubble if the overall growth is close to 1 or 2%, inflation is sub 2% and interest rates are sub 1%. I'd take this any day with 2010-11 and 2015-16 stock market corrections. I allow myself to consume news and bogleheads threads such as this one but when it ...
by kd2008
Tue Mar 07, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard doesn't understand Mega-Backdoor
Replies: 47
Views: 4466

Re: Vanguard doesn't understand Mega-Backdoor

I believe your problem was calling Vanguard. Why did you do that? What was the need? Just go over to https://investor.vanguard.com/401k-rollover/ https://investor.vanguard.com/401k-rollover/how-to-roll-over has all the steps you need. A guide to your 401(k) rollover Follow these steps to roll over y...
by kd2008
Tue Feb 21, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Sign-Up Requirements
Replies: 7
Views: 661

Re: Medicare Sign-Up Requirements

https://www.medicare.gov/sign-up-change-plans/get-parts-a-and-b/employer-coverage/i-have-employer-coverage.html#collapse-5567 I have employer coverage Even if you have coverage through a current or former employer, you still may need to make some important Medicare enrollment decisions. You may have...
by kd2008
Thu Feb 02, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Employer denying HSA to eligible employee
Replies: 35
Views: 3536

Re: Employer denying HSA to eligible employee

OP, you are correct that each of you can contribute family max to HSA. As TFB pointed out, per IRS rules, your employer may not allow partner to just have an HSA if your partner is not buying primary health insurance from the employer. It is perfectly legal. Your partner may open HSA independently a...
by kd2008
Tue Jan 24, 2017 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: HSA investments through Optum
Replies: 5
Views: 389

Re: HSA investments through Optum

List of funds is here: https://www.optumbank.com/individuals-families/how-to-invest-with-hsas/mutual-funds.html This link needs flash player Image of funds list here: http://bit.ly/2jOM4sk oldhobo's list is what I see too. Admiral share class where available. No investment minimums for individual fu...
by kd2008
Mon Jan 23, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Instant Pot - your favorite uses?
Replies: 36
Views: 5282

Re: Instant Pot - your favorite uses?

Check out https://www.amazon.com/Pressure-Cooker-Perfection-Americas-Kitchen/dp/1936493411 This book has been tested, written, and edited by the test cooks, editors, food scientists, tasters, and cookware specialists at America’s Test Kitchen, a 2,500-square-foot kitchen located just outside Boston....
by kd2008
Wed Jan 18, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Why does Vanguard requires medallion for MM IRA Transfer
Replies: 29
Views: 2035

Re: Why does Vanguard requires medallion for MM IRA Transfer

Medallion signature guarantee requires the grantor of medallion to verify that the person listed on the form is you. And they will record date, time and mode of verification in their logs like driver's license etc. Vanguard can go back to the grantor and verify what happened and what was done. Notar...
by kd2008
Sat Jan 14, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: thoughts about financial advisors comments regarding roth 401k
Replies: 30
Views: 3498

Re: thoughts about financial advisors comments regarding roth 401k

The correct comparison is your marginal savings rate now vs. your marginal tax rate later. See Traditional vs Roth - Dec. 2016 thread for a very similar question. You are correct about apples to apples comparison it is the marginal dollar. But that is for the purist. Unfortunately, the tax code is ...
by kd2008
Fri Jan 13, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Please help build my case to increase 401k contribution limits
Replies: 15
Views: 1596

Please help build my case to increase 401k contribution limits

My 401k plan limits contributions to 25% for non-HCE and to 18% for HCE (high compensated employee). I understand the limit on HCE is intended to help the plan pass non-discrimination ACP/ADP testing. Plan matches 100% up to 6%. Plan participation is close to 100%. I would like to make a case for li...
by kd2008
Thu Jan 12, 2017 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: thoughts about financial advisors comments regarding roth 401k
Replies: 30
Views: 3498

Re: thoughts about financial advisors comments regarding roth 401k

Please read these articles, This one is about case against roth 401k https://thefinancebuff.com/case-against-roth-401k.html Next, this one is about suitability of roth 401k for those who contribute to max. https://thefinancebuff.com/roth-401k-for-people-who-contribute-max.html These are best two art...
by kd2008
Thu Jan 12, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 401
Views: 131808

Re: The Mega Backdoor Roth IRA

Has something changed in the past couple years? Just read a post that referenced this from the IRS website: "Can I roll over just the after-tax amounts in my retirement plan to a Roth IRA and leave the remainder in the plan? No, you can’t take a distribution of only the after-tax amounts and l...
by kd2008
Thu Jan 12, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 401
Views: 131808

Re: The Mega Backdoor Roth IRA

airahcaz wrote:If one is contributing pre-tax to the $18K limit, does this necessarily have to be met before the after-tax contributions can commence?


No. You may contribute both types simultaneously.
by kd2008
Thu Jan 12, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 17649

Re: Best Financial Moves You've Made

We all do the LBYM, investing in risk appropriate and age appropriate, tax minimizing portfolio thing. The best financial moves are the ones that gave me perspective. 1. I am not going to be able to see all the opportunities in front of me and some I am going to mess up all due to my fault. And this...
by kd2008
Tue Dec 20, 2016 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Giving two weeks notice around the holidays
Replies: 58
Views: 4703

Re: Giving two weeks notice around the holidays

Nothing else matters. Who cares about when to give notice and if they will pay for two weeks? In Grand scheme of things it is a non-issue. This isn't a negotiation for a car where you know you'll never have to deal with the sales person again. OP is probably not the first employee to jump ship to t...

Go to advanced search