Search found 503 matches

by kd2008
Mon Sep 11, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: When to take IRA withdrawals
Replies: 3
Views: 533

Re: When to take IRA withdrawals

I-ORP fixed many of the issues I had but I found it hard to understand how and why they were suggesting to do. Especially, if they had properly accounted one spouse to continue working and taxes. I used Fidelity Retirement Planner with a guest login. I found this to give us the best overall picture....
by kd2008
Thu Aug 24, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare even cheaper for millionaire early retirees
Replies: 22
Views: 7022

Re: Obamacare even cheaper for millionaire early retirees

For us, with the silver plan, it is $10. Drugs are also low. You do not have to satisfy the deductible for the low doctor's office, drugs and lab work prices. Not quite sure why. Here's why. It is called cost sharing reduction (CSR) subsidies - the one President might withhold in the future per his...
by kd2008
Mon Aug 07, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: Final word: Bonds in Tax-Deferred or Taxable?
Replies: 10
Views: 1111

Re: Final word: Bonds in Tax-Deferred or Taxable?

It depends on the bond yield and the nominal value of taxes in dollars not just tax rate. When yields are 2-3% it may very well be advantageous to hold them in taxable account. WCI article is ok. Nothing new there. For authorative article read this from 2012: https://thefinancebuff.com/tax-efficienc...
by kd2008
Tue Jun 13, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: Medicare Questions re Work/Retired + Age difference
Replies: 13
Views: 1357

Re: Medicare Questions re Work/Retired + Age difference

@kd2008 - thank you for your excellent post. You are welcome. I have some additional questions: - Because DW is receiving SS benefits, she will automatically be enrolled in Part A & Part B the first day of the month of her BD. I assume if we decide NOT to take Part B, we fill in the box on back...
by kd2008
Mon Jun 12, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: Medicare Questions re Work/Retired + Age difference
Replies: 13
Views: 1357

Re: Medicare Questions re Work/Retired + Age difference

Here are a few things for you to consider: 1. Since your wife is on SS, she will be enrolled in Part A when eligible. There is no getting out of this unless SS is stopped. 2. When she turns 64.5, she should stop contributing to HSA altogether including catchup contributions of $1000. You can contrib...
by kd2008
Thu May 18, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2894

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: 2894

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: 7291

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: 1359

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: 5328

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: 740

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: 5328

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: 1165

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: 330

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: 1849

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: 712

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: 3
Views: 533

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: 3
Views: 533

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: 2757

NYT article on Vanguard

[Thread merged into here, see below. --admin LadyGeek] m 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 compared with the rest of the mutual fund industry — more than 4,000 firms in total. All of...
by kd2008
Wed Apr 12, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Designing Your Life
Replies: 83
Views: 10941

Re: Designing Your Life

by kd2008
Tue Apr 11, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Contract for Deed in dedicated IRA
Replies: 5
Views: 380

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: 380

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: 1621

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: 1621

Re: When to enroll in Medicare?

Thank you drawpoker. That is very helpful.

drawpoker wrote: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.medicareinteractive.org/get ... d-medicare
by kd2008
Thu Apr 06, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: When to enroll in Medicare?
Replies: 17
Views: 1621

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: 1621

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: 1621

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: 1621

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: 2786

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: 1786

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: 2786

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: 2786

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: 2786

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: 2786

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: 2786

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: 4680

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: 1995

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: 468

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: 2263

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: 131
Views: 14350

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: 2263

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: 9601

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: 5025

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 m m has all the steps you need. A guide to your 401(k) rollover Follow these steps to roll over your retirement savings. Step 1 Set up your Vanguard IRA® Call a Vanguard rollover specialist at 800-52...
by kd2008
Tue Feb 21, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Sign-Up Requirements
Replies: 7
Views: 791

Re: Medicare Sign-Up Requirements

m 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 to pay a penalty if you don't enroll on time, so it's best to understand how your current coverage works with Medicare befo...
by kd2008
Thu Feb 02, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Employer denying HSA to eligible employee
Replies: 35
Views: 3803

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: 452

Re: HSA investments through Optum

List of funds is here: https://www.optumbank.com/individuals-f ... 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 funds.
by kd2008
Mon Jan 23, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Instant Pot - your favorite uses?
Replies: 36
Views: 5785

Re: Instant Pot - your favorite uses?

Check out m 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. It is the home of Cook’s Illustrated magazine and Cook’s Country magazine, the...
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: 2326

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: 3676

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: 1742

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...