Search found 516 matches

by kd2008
Sun Nov 12, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 22
Views: 1551

Re: Medicare

OP, Here is a good primer: https://www.medicareinteractive.org/get-answers/types-of-medicare-advantage-plans-hmos-ppos-and-more/health-savings-accounts-hsas-and-medicare/health-savings-accounts-hsas-and-medicare Finally, if you decide to delay enrolling in Medicare, make sure to stop contributing to...
by kd2008
Mon Nov 06, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Social Security - general question
Replies: 44
Views: 4976

Re: Social Security - general question

OP,

Please read this article as it answers all your questions and provides the requisite spreadsheet to play around.

Retiring Early: Effect On Social Security Benefits
by kd2008
Wed Nov 01, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Gyms with well maintained swimming pool, that aren't Equinox?
Replies: 14
Views: 1108

Re: Gyms with well maintained swimming pool, that aren't Equinox?

Might want to call a few nice hotels in your area. My wife and kids did this a few winters ago, and they got a family monthly pass for $99/month. Best part if you can go during the weekday, there is usually nobody else there Thank you for this valuable information. Could you please let us know what...
by kd2008
Thu Oct 26, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: HSA worth it in this case?
Replies: 7
Views: 914

Re: HSA worth it in this case?

https://thefinancebuff.com/not-all-high-deductible-plans-hsa-eligible.html Please read this article first to understand what makes a HDHP plan eligible for an HSA. Don't go by what HR says. Read your plan documents. Per IRS Minimum annual deductible for HDHP is $1350 for 2018. https://www.irs.gov/pu...
by kd2008
Thu Oct 26, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: Medicare Supplement Plan F or Plan F High Deductible
Replies: 14
Views: 1231

Re: Medicare Supplement Plan F or Plan F High Deductible

So, putting aside the $183 for a moment, if you pay up to $2200 out of pocket, then you would pay up to $11K in total medical billing ($11K * 20% = $2200). So, you pay $2200 and the Plan pays $8800 (worst case scenario). Is that correct? That is correct for Part B charges, but not Part A. You reall...
by kd2008
Wed Oct 25, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 58
Views: 3952

Re: Medicare Advantage vs. Supplemental

There may be spikes of medical costs in certain years but on average you may come out ahead especially if you have (hopefully many) good years upfront. I am now reaching the conclusion that we should salt away several hundred dollars per month and build it up to be ready in case we incur the up to ...
by kd2008
Wed Oct 25, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 58
Views: 3952

Re: Medicare Advantage vs. Supplemental

So I'm not sure why Plan F or G plus Part D is better (or even as good) in this regard. You have a fixed monthly cost in premiums that covers medical services without any out of pocket for plan F or just about $200 for plan G. Drugs cost extra and hopefully part D helps out a lot. No worries about ...
by kd2008
Tue Oct 24, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 58
Views: 3952

Re: Medicare Advantage vs. Supplemental

If you have documented the net medical cost (premiums, copays, deductibles, plan covered expenses etc) in the 10 years leading into Medicare eligibility, it will help you understand your frequency of needs and severity of needs for medical care. I have asked so many in there mid-50s to start doing t...
by kd2008
Fri Oct 13, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review [2017 edition]
Replies: 5
Views: 749

Re: Portfolio review [2017 edition]

Thank you for the feedback. 3) For the 2nd 401k, there may be an option to eventually Roth it via after-tax and mega back door. I am not sure yet as it is new. If one is available, should I prefer that for the longer term? Since this is a short term engagement of few years, I am reluctant to rock th...
by kd2008
Wed Oct 11, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review [2017 edition]
Replies: 5
Views: 749

Re: Portfolio review [2017 edition]

Thank you for the feedback. HSA cash portion is the minimum requirement. Sadly can't get around it.
by kd2008
Wed Oct 11, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: High Deductible Health Insurance vs Medicare Part A
Replies: 5
Views: 585

Re: High Deductible Health Insurance vs Medicare Part A

This is what I found online http://www.bernardhealth.com/woofstreetjournal/bid/106178/How-to-Disenroll-from-Medicare-Part-A For those turning 65 and enrolling in Medicare for the first time, there are times when enrolling in Medicare Part A may not the best strategy. For individuals who continue to ...
by kd2008
Wed Oct 11, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: High Deductible Health Insurance vs Medicare Part A
Replies: 5
Views: 585

Re: High Deductible Health Insurance vs Medicare Part A

It depends on the type of your employer, do you receive social security benefits etc https://www.medicareinteractive.org/get-answers/types-of-medicare-advantage-plans-hmos-ppos-and-more/health-savings-accounts-hsas-and-medicare/health-savings-accounts-hsas-and-medicare Whether you should delay enrol...
by kd2008
Tue Oct 10, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review [2017 edition]
Replies: 5
Views: 749

Portfolio review [2017 edition]

My previous review is here: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=200355&p=3068317#p3068287 Thank you all for your great advice in the past that has enabled me to get a solid start. Emergency funds not included in asset allocation below No debt. Car and Condo paid off. Tax Filing Stat...
by kd2008
Mon Sep 11, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: When to take IRA withdrawals
Replies: 3
Views: 569

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: 7325

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: 1191

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: 1467

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 of ...
by kd2008
Mon Jun 12, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: Medicare Questions re Work/Retired + Age difference
Replies: 13
Views: 1467

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: 3010

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: 3010

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: 7664

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: 1467

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: 5582

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: 790

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: 5582

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: 1210

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: 358

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: 1893

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: 772

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 up ...
by kd2008
Mon Apr 17, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: When to take IRA withdrawals
Replies: 3
Views: 569

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: 569

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 still em...
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: 2857

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: 11376

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: 399

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: 399

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: 1704

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: 1704

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: 1704

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: 1704

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: 1704

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: 1704

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: 3084

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: 1862

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: 3084

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: 3084

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: 3084

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: 3084

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: 3084

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: 4850

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: 2107

Re: Calculating Expected Taxes Per Paycheck

Google adp paycheck calculator and enter numbers and done