Search found 1266 matches

by krow36
Thu Jun 08, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 16
Views: 1634

Re: NJ Teacher Lost with 403bs

On April 17, jebjebitz listed the Vanguard funds available from Lincoln in the thread on this DIY option: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=175295 They are also found on the Lincoln Investment homepage under "Prospectuses". OP can use a 3 fund portfolio as suggested ...
by krow36
Thu Jun 08, 2017 1:24 am
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 16
Views: 1634

Re: NJ Teacher Lost with 403bs

Prez8383, are you also contributing to an IRA, either traditional or Roth? If so, who is the vendor and what funds are you using? Please include their ticker and expense ratio. You have contributed about 11k in 11 years to your 403b. Are you now able to increase your retirement contributions? As oth...
by krow36
Thu Jun 08, 2017 12:29 am
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 16
Views: 1634

Re: NJ Teacher Lost with 403bs

In NJ, consider a Roth IRA even if the traditional IRA would be deductible; NJ does not allow state tax deductions on traditional IRAs. (Likewise, you might consider a Roth 403(b) if your plan offers it; NJ does not allow state tax deductions on traditional 403(b) plans.) grabiner , how does that w...
by krow36
Wed Jun 07, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 16
Views: 1634

Re: NJ Teacher Lost with 403bs

The nearest large city should have a Lincoln Investment office. You want to get above the rep level---the sales people that come to your school or want you to come to their office. Yes you should stop contributing to your present 403b. Ask your HR office how to stop contributions. That account can j...
by krow36
Wed Jun 07, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 16
Views: 1634

Re: NJ Teacher Lost with 403bs

It's ironic that the OP, because (s)he is teaching in NJ and has Lincoln Investment on his district's provider list, is able to make use of a very low-cost 403b plan through Lincoln. It is lower cost than Vanguard's own 403b plan which uses Individual class shares. Lincoln's Participant Direct Platf...
by krow36
Wed Jun 07, 2017 12:24 am
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 16
Views: 1634

Re: NJ Teacher Lost with 403bs

I don't think there is any reason to think that the OP has an annuity based 403b. Lincoln Investment is a mutual fund based 403b provider. There is also a Lincoln life insurance company that sells annuity based 403b plans. The Lincoln Investment Solutions Premier Management/Wrap fee is 1.25% as of t...
by krow36
Tue Jun 06, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones, American Funds, Fiduciary Rule changes
Replies: 23
Views: 1683

Re: Edward Jones, American Funds, Fiduciary Rule changes

Find out how much it would cost to sell your American Funds at EJ. Then call up Vanguard or Fidelity and find out how much they would charge to sell your AF funds if you moved them there "in kind". Sell where it's cheapest. AF funds are above average managed funds but their front-end load ...
by krow36
Tue Jun 06, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Edward Jones to Fidelity - Pros/Cons of Index funds
Replies: 12
Views: 1292

Re: Moving from Edward Jones to Fidelity - Pros/Cons of Index funds

If you go to the Vanguard website and look up the Growth Index fund, you can then use the Compare button and compare it's return to Contrafund over 1, 3, 5 and 10 years. Then you can add Index 500 and Total Stock Index to the comparison. Yes Contrafund did well over 10 yrs, but it didn't outperform ...
by krow36
Tue Jun 06, 2017 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Edward Jones to Fidelity - Pros/Cons of Index funds
Replies: 12
Views: 1292

Re: Moving from Edward Jones to Fidelity - Pros/Cons of Index funds

You might find this periodic table interesting: https://www.americancentury.com/content ... _Table.pdf
There's been a number of threads discussing Contrafund which you can find by using the forum's Google Search at upper right.
by krow36
Tue Jun 06, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 11
Views: 939

Re: Should we continue to pay into a 457 annuity

Security Benefit's 457 doesn't include the NEA Direct Invest option, as far as I know. SB's non-Direct Invest offerings are very expensive. I think the NEA Direct Invest is for 403b and Roth 403b plans only.
by krow36
Tue Jun 06, 2017 2:54 am
Forum: Investing - Help with Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 11
Views: 939

Re: Should we continue to pay into a 457 annuity

pretzelfisch, I'm sorry I wasn't very clear in my last post and also made a mistake in the last sentence. I meant to suggest that your wife stop contributing to the index annuity and contribute instead to the Vanguard 403b. If you can get the CalSTRS Pension2 added to the 457 provider list, you can ...
by krow36
Mon Jun 05, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2116

Re: Investment Advice

The TPA is TCG: http://tcgservices.com/documents/#/search Enter: Clear Creek ISD Summary Plan Description: http://tcgservices.com/docview/#/403bSummaryPlanDesc/474 Plan Password for enrolling online: clear403 Vendors Available In TCG Administered Texas Plans https://tcg-doclib.s3.amazonaws.com/tcgdo...
by krow36
Mon Jun 05, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2116

Re: Investment Advice

PlanMember Direct adds 0.35% to Vanguard Admiral class funds. The "Direct" means there is no rep involved although he might accept your paperwork, I don't know. I think you can call the numbers listed on the "Certified" provider list and connect directly to Fidelity or Vanguard. ...
by krow36
Sun Jun 04, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2116

Re: Investment Advice

If you’d like to get some background on the K-12 403b, EdLaFave’s website that livesoft linked to above (indirectly) is certainly worth reading. Also check out the Wiki on K-12 403b plans: https://www.bogleheads.org/wiki/403b_pl ... _employees
by krow36
Sun Jun 04, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2116

Re: Investment Advice

When I look up Clear Creek Independent School District’s 403b providors, I find the website full of dead-ends. It does appear that Texas requires the 403b providers be on a state-certified list, and that is the same list that the Houston ISD sited. https://www.trs.texas.gov/TRS%20Documents/certified...
by krow36
Sun Jun 04, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones
Replies: 22
Views: 2273

Re: Edward Jones

3redgeraniums, I wonder if what you really want is to be able to sit down face-to-face and talk about your financial situation with an "advisor"? If that's the case, you are not likely to get a recommendation for Edward Jones on this forum. As has been mentioned, EJ will offer very expensi...
by krow36
Sun Jun 04, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2116

Re: Investment Advice

If your wife’s employer is the Houston school district, there are dozens of 403b providors to choose from. http://www.houstonisd.org/cms/lib2/TX01001591/Centricity/domain/16904/403b%20457%20docs/ProviderList.pdf You posted all the mutual funds that are available from a single providor. I didn’t noti...
by krow36
Sat Jun 03, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 78
Views: 7234

Re: Teachers: what are your best personal finance tips?

Teachers have one advantage over employees in the for-profit world that have 401k’s. They usually have a choice of plan providers. If there are no low-cost providers on the school district’s list, they can frequently succeed in getting one added if they work at it. Of course they have to understand ...
by krow36
Sat Jun 03, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead approved actively managed funds!
Replies: 28
Views: 2887

Re: Boglehead approved actively managed funds!

Here's what The Bogleheads' Guide to Investing has to say about actively managed funds: BOGLEHEADS AND ACTIVELY MANAGED FUNDS From what you have read in this chapter thus far, you might believe we are index zealots who believe all actively managed funds are simply a waste of money. While all three o...
by krow36
Sat Jun 03, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 78
Views: 7234

Re: Teachers: what are your best personal finance tips?

States in Which Public Employees Are Not Covered by Social Security: * Alaska * California * Colorado * Connecticut * Georgia (certain local governments) * Illinois * Kentucky (certain local governments) * Louisiana * Maine * Massachusetts * Missouri * Nevada * Ohio * Rhode Island (certain local gov...
by krow36
Sat Jun 03, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Reallocating after Rollover
Replies: 1
Views: 206

Re: Reallocating after Rollover

Bump. Not that I know of, in answer to your 2 questions. I think you've done very well--congratulations! :happy
by krow36
Sat Jun 03, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA at work with American Century Investments - need help
Replies: 7
Views: 512

Re: Simple IRA at work with American Century Investments - need help

They keep telling me it's "frozen" for two years. What do you think they mean by that? Also, I'm moving over about $1000 per month. Do I have to meet the minimum for the VTSAX of $2,500 before I can purchase any shares of VTSAX in the vanguard with the funds I moved from American Century ...
by krow36
Thu Jun 01, 2017 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA at work with American Century Investments - need help
Replies: 7
Views: 512

Re: Simple IRA at work with American Century Investments - need help

I need some help here. On the "frozen" account with Vanguard, it seems like i can move the money into vanguard but I can't do anything with it because it's frozen? Or does frozen mean I can do whatever I want with it once it's in Vanguard EXCEPT move it from vanguard to another custodian?...
by krow36
Wed May 31, 2017 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice wanted
Replies: 5
Views: 506

Re: Investment advice wanted

What is your asset allocation now and does that include the 500k in taxable? By paying off the mortgage, you would be getting a guaranteed 3.75% on the 390k. I think that would be the conservative course of action. The most conservation option is to keep the 500k in the bank account. The more risky ...
by krow36
Wed May 31, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice wanted
Replies: 5
Views: 506

Re: Investment advice wanted

My circumstances: - We are 50 years old in good health - 2 sons (12 & 15) - 529 with $200k - we both work making good combined income ($300k) - 401ks with combined $1M (maxing contributions) - owe $390k on house - I face mandatory retirement at 57 with pension of about $60k annually (with COLA ...
by krow36
Tue May 30, 2017 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: First "Big Boy" Job - Retirement Investing Advice with an IRA and 457
Replies: 6
Views: 711

Re: First "Big Boy" Job - Retirement Investing Advice with an IRA and 457

The VT Vantagepoint 500 Stock Index Fund and the VT Vantagepoint Core Bond Index Fund, both with an ER of 0.95%, look like your best choices in the 457. You could use these funds there and then use low-cost Schwab index funds in your Roth IRA. The 457 balance will grow a lot faster than the IRA so k...
by krow36
Tue May 30, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: First "Big Boy" Job - Retirement Investing Advice with an IRA and 457
Replies: 6
Views: 711

Re: First "Big Boy" Job - Retirement Investing Advice with an IRA and 457

jcg218, welcome to the forum! Congratulations on getting serious about your retirement investments as such a young age. I wish I had done so.
jcg218 wrote: If more information is needed, I can provide you all with the investment options, with expense ratios, for my ICMA 457 plan.

That would be useful.
by krow36
Tue May 30, 2017 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Question about tax savings between Total bond and Tax Exempt
Replies: 3
Views: 529

Re: Question about tax savings between Total bond and Tax Exempt

The Tax-exempt Index Bond fund is a long-term bond fund. You should be comparing TBF with VTEAX, the Intermediate-Term Tax- Exempt Bond fund. VTEAX is not strictly an index fund. TBF is rated as intermediate-term. I think you are meaning VWITX? VTEAX, Admiral class, ER 0.19%, minimum investment 50k...
by krow36
Mon May 29, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 11
Views: 939

Re: Should we continue to pay into a 457 annuity

Yes, the Vanguard 403b direct is a lower-cost provider than CalSTRS Pension2 403b using Vanguard funds. However, Pension2 uses some Vanguard Institutional and Admiral class funds while the Vanguard 403b direct plan uses only Investor class funds. Total Stock Mkt, Investor class is 0.15%, while TSM I...
by krow36
Mon May 29, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Preference between Two 403b's and a 457 vs Roth
Replies: 7
Views: 666

Re: Preference between Two 403b's and a 457 vs Roth

You are very fortunate to have 2 403b and a 457 plans, all low-cost, to contribute to. :D In a previous thread you posted that 457 plans allow distribution with no penalty at age 55. Actually if you are separated from the employer, the 457 plan allows penalty-free distributions at any age! That's wh...
by krow36
Mon May 29, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 11
Views: 939

Re: Should we continue to pay into a 457 annuity

As a teacher in CA, your state retirement system also runs excellent 403b and 457 plans called CalSTRS Pension2. Getting this 457 plan added to your district’s 457 provider list should be possible. Ask your HR office and its Third Party Administrator about how to go about it. They and your district ...
by krow36
Mon May 29, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley in taxable (early retirement)?
Replies: 17
Views: 2219

Re: Wellesley in taxable (early retirement)?

Hi! If I wanted to invest in Wellesley in taxable instead of an intermediate bond fund (to supplement cash flow in early retirement), is that a bad idea if I'm in the 15% tax bracket in my mid-50s? Wellesley is OK in a tax-deferred account but there are disadvantages to using it in a taxable accoun...
by krow36
Mon May 29, 2017 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones at 64
Replies: 13
Views: 2153

Re: Leaving Edward Jones at 64

Anyway, I've been looking around the forums for info on investing at a later age. Haven't seen anything, but if anyone has seen something like that here let me know. Otherwise I'll just hit the web for info. If you posted your current financial information using Laura's format, you will get advice ...
by krow36
Mon May 29, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Question about tax savings between Total bond and Tax Exempt
Replies: 3
Views: 529

Re: Question about tax savings between Total bond and Tax Exempt

The Tax-exempt Index Bond fund is a long-term bond fund. You should be comparing TBF with VTEAX, the Intermediate-Term Tax- Exempt Bond fund. VTEAX is not strictly an index fund. TBF is rated as intermediate-term.
by krow36
Mon May 29, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Med Student's Wife ISO Portfolio Help
Replies: 4
Views: 535

Re: Med Student's Wife ISO Portfolio Help

MutualEdge, welcome to the forum! 1. I think you would be better off using the Voya U.S. Stock Index Port Inst (INGIX) rather than DODGX in your 401k. 2. and 3. Because you bracket will be a high one in the future, using a Roth IRA for both of you now probably makes sense. https://www.bogleheads.org...
by krow36
Sun May 28, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: edward jones guided solutions/grandfathered
Replies: 18
Views: 2870

Re: edward jones guided solutions/grandfathered

It's just figuring out where to put my money until I have to start pulling it out 6 years down the road. yogachick22, welcome to the forum! As acunn mentioned, you will reduce you costs significantly if you move from EJ to one of the low-cost index fund providers such as Fidelity, Vanguard or Schwa...
by krow36
Sat May 27, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard transaction history
Replies: 4
Views: 461

Re: Vanguard transaction history

Under "Transaction Types", be sure to select "All". My history goes back to 1993. I'm amazed to see that Primecap has doubled in 4 yrs 3 months since converting to Admiral shares! Close to 18%/year?? No wonder it's closed!
by krow36
Fri May 26, 2017 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a Personal Investment Account
Replies: 7
Views: 758

Re: Starting a Personal Investment Account

I agree that you should max out your 401k before investing in a taxable account for retirement. Please read the Wiki on Prioritizing Investments. https://www.bogleheads.org/wiki/Priorit ... nvestments
by krow36
Fri May 26, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: What happens after you max out your Roth IRA Limit?
Replies: 6
Views: 1283

Re: What happens after you max out your Roth IRA Limit?

spdoublebass, welcome to the forum! You can contribute up to 18k to the university’s 403b plan from your university employment. We would need to know more about the plan to know if that was a good idea. What are the funds you can select from, and what are their expense ratios? Are there any other fe...
by krow36
Fri May 26, 2017 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Finding fund distributions
Replies: 5
Views: 434

Re: Finding fund distributions

You might also find this table interesting: https://personal.vanguard.com/us/funds/ ... 548#tab=1a
by krow36
Sat May 20, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help - 403b and Roth IRA investments
Replies: 7
Views: 683

Re: Portfolio help - 403b and Roth IRA investments

Efficient, welcome to the forum! I think you should approximate a Total Stock Market fund in both your 403b and 457 plans. Those 3 funds you are using in your 457 are much better than the collection you are using in your 403b. The Wiki will help you get the percentages aligned with TSM. https://www....
by krow36
Wed May 17, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Question on 403b
Replies: 6
Views: 658

Re: Question on 403b

I certainly don’t claim to be a “master” of anything, but I have tried to make K-12 folks aware of the SB NEA/Direct Invest 403b option. A 70/30 stock/bond asset allocation is certainly reasonable for a 33 year old. It’s usually suggested to have between 20% to 40% of stocks in international stocks....
by krow36
Tue May 16, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Husband got a new job, need help with retirement and saving plan
Replies: 15
Views: 930

Re: Husband got a new job, need help with retirement and saving plan

What I'd like to know is if he should still contribute to the roth IRA after making his 457 contribution if we can or since we'll be in a higher tax bracket if it makes sense to open up a new retirement account (traditional 401K or IRA). Any additional insight is also appreciated. iamaconfused, wel...
by krow36
Tue May 16, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: 403/457 Advice and Investment Check-Up Please
Replies: 8
Views: 533

Re: 403/457 Advice and Investment Check-Up Please

I think a problem to consider with the non-governmental 457 is that after you are separated from your employer, you may be forced to take your assets out and pay income tax on them, perhaps on a 10 year schedule? What does the 457 plan have to say on this? I think rolling it over to a tIRA is not po...
by krow36
Tue May 16, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: [Help with Edward Jones account]
Replies: 5
Views: 732

Re: [Help with Edward Jones account]

I just came across this site and am in the same boat as to what to do with my Edward Jones account. I own a business and have a SIMPLE IRA plan set up for the company. This plan was opened in 1999. I am undecided as to what to do now. I have read great things about Vanguard, Fidelity and Charles Sc...
by krow36
Mon May 15, 2017 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Question on 403b
Replies: 6
Views: 658

Re: Question on 403b

JohnnyZoo, welcome to the forum! The Security Benefit NEA/Direct Invest Vanguard funds are all excellent but all you need for a simple 3 fund portfolio is the first 3. https://www.bogleheads.org/wiki/Three-fund_portfolio Do you know what asset allocation you want to use? Perhaps 70% stocks, 30% bond...
by krow36
Sun May 14, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: 403B with high expense ratio's and insurance wrappers
Replies: 8
Views: 654

Re: 403B with high expense ratio's and insurance wrappers

Public K-12 schools usually have more than one provider. It looks like you school is not a K-12 public school? Are you contributing the 5.5k every year to an IRA? That would be the first retirement investment to make. What income tax bracket are you in and are you filing Single or MFJ? Find your tax...
by krow36
Sat May 13, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Roth457-is it worth in our case?
Replies: 10
Views: 541

Re: Roth457-is it worth in our case?

In the 33% federal bracket, I think you should use the traditional 457 plan even though NJ doesn’t allow state income tax deferral (unlike with your 401k plan). You won’t pay NJ state income tax on 457 distributions during retirement. I’m not sure what happens if you move to an income tax state that...
by krow36
Sat May 13, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Need help consolidating and rebalancing. Thanks Bogleheads!
Replies: 6
Views: 522

Re: Need help consolidating and rebalancing. Thanks Bogleheads!

I think there are a lot of folks that feel the same way about giving out all their financial information, even anonymously. That doesn’t stop them from learning from the forum and organizing their portfolio based on the Boglehead Principles. Because you are “in charge of retirement planning”, you ne...
by krow36
Sat May 13, 2017 1:34 am
Forum: Investing - Help with Personal Investments
Topic: edward jones guided solutions/grandfathered
Replies: 18
Views: 2870

Re: edward jones guided solutions/grandfathered

The EJ Guided Solutions fees: https://www.edwardjones.com/images/guided-solutions-fund-schedule-of-fees.pdf EJ on fees for your IRAs: https://www.edwardjones.com/images/ira-schedule-of-fees.pdf If your EJ GS total balance is about 200k, it looks like your Program Fee will be close to 1.35%. That wor...

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