Search found 1472 matches

by krow36
Wed Jan 17, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Lincoln Investments "Participant Directed Platform"
Replies: 46
Views: 6031

Re: Lincoln Investments "Participant Directed Platform"

Apparently, there is some sort of sliding scale of annual fees, and I was told that the lowest they would go is 0.45% for the first $500k invested, as well as a $15 Investor Platform fee each quarter. I'm glad to know there is a sliding scale because for CA, the 403bcompare.com website lists a flat...
by krow36
Wed Jan 17, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my GF with her Oppenheimer 403(b)...
Replies: 51
Views: 4459

Re: Help me help my GF with her Oppenheimer 403(b)...

mrsff has posted recently that she was misinformed by a Lincoln rep, and cannot use the Lincoln DIY platform in NY. Perhaps GrandMasterBlaster was also misinformed? He was told he could use it but chose another providor. I think GF's best option is to use the Lincoln Solutions Premier Platform to ho...
by krow36
Tue Jan 16, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Where to move a 403B
Replies: 4
Views: 224

Re: Where to move a 403B

I have an old 403B I no longer contribute to. I have a state retirement plan in North Carolina and a Roth IRA I heavily contribute to for supplemental income. I want to move the 403B into an account that I could draw from when my son is ready to go to college. Is there a type of investment I could ...
by krow36
Mon Jan 15, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: 403b am I better off skipping 403b?
Replies: 10
Views: 875

Re: 403b am I better off skipping 403b?

Now after reading more about the hidden fees of 403b's, I am tired of wondering how much I am really paying. I know my "advisor" won't tell me. Should I give up on this $24,000 I am investing in 403b and just invest in non-retirement funds? The 403b Hidden Fee problem is most common in annuity-base...
by krow36
Mon Jan 15, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: 403b am I better off skipping 403b?
Replies: 10
Views: 875

Re: 403b am I better off skipping 403b?

Does your school district have a list of their 403b vendors? This is usually found on the district’s website. If not there, then you should ask for it from the district’s HR office. If the district uses a Third Party Administrator (TPA), then check with them. Please post both the 403b list and the 4...
by krow36
Sun Jan 14, 2018 12:37 am
Forum: Investing - Help with Personal Investments
Topic: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)
Replies: 14
Views: 769

Re: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)

My next decision: If I move into fee for service, is it worth the $600/year that he wants? That is a flat fee, not based on assets. He has always had a good perspective on sector growth and he has never given us bad advice on the Fidelity funds in my wife's portfolio. The Ameriprise limitation on t...
by krow36
Sat Jan 13, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Expense ratio, turnover ratio, taxes vs fund performance
Replies: 8
Views: 444

Re: Expense ratio, turnover ratio, taxes vs fund performance

Ahhh, Contrafund! Yes it has outperformed Vanguard’s Growth Index fund over 1 and 3 years. Over 5 and 10 years, Growth Index has done about as well. Look up Growth Index on Vanguard’s website and use Compare to check it out vs Contrafund. And also vs TRP Growth Stock. https://personal.vanguard.com/u...
by krow36
Sat Jan 13, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: 403B help needed
Replies: 1
Views: 166

Re: 403B help needed

here is my company's plan - seems their default plan : VANG INST INDEX PLUS - 37 % DODGE & COX INTL STOCK 13 % VANT TOTAL INTL STK IP 12 % BAIRD AGGR BOND INST 11 % VANG INTM BND IDX IP 7 % My problem ? I don't know these funds well . I was thinking to simplify into the following : total stock 40 %...
by krow36
Thu Jan 11, 2018 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: CalSTRS 457(b) options
Replies: 15
Views: 516

Re: CalSTRS 457(b) options

CyclingDuo , K-12 school districts rarely negotiate with 403b or 457 vendors. Neither the vendors nor their offerings are vetted by the districts. The vendor’s offerings are almost always generic plans, offered in most other districts and in other states. The plans of institutions of higher learnin...
by krow36
Thu Jan 11, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: CalSTRS 457(b) options
Replies: 15
Views: 516

Re: CalSTRS 457(b) options

Security Benefit (SB) pays NEA (Nat’l. Education Assoc., the large national union) millions a year for the exclusive right to put the NEA logo on SB’s expensive 403b products. These include both mutual fund based and annuity based 403b plans: https://www.403bcompare.com/vendors/1022#/productlist The...
by krow36
Thu Jan 11, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my GF with her Oppenheimer 403(b)...
Replies: 51
Views: 4459

Re: Help me help my GF with her Oppenheimer 403(b)...

Good luck with the PMs. A PM generates an email unless the default setting is opted out of. Did you talk to the local Lincoln rep? Or to a regional Lincoln office? You haven’t mentioned how much your GF is able to contribute annually. Is it more than 18.5k (to state 457) plus 5.5k (to IRA)? Does she...
by krow36
Mon Jan 08, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard/Newport wants $6,500+ in fees for 403(b)
Replies: 11
Views: 1038

Re: Vanguard/Newport wants $6,500+ in fees for 403(b)

You are probably familiar with this publication, but just in case, https://www.irs.gov/pub/irs-drop/rp-13-22.pdf .03 Sections 1.403(b)-3(b)(3) and 1.403(b)-9(a)(2)(ii) of the 2007 regulations provide that an annuity contract, custodial account, or retirement income account generally does not satisfy...
by krow36
Mon Jan 08, 2018 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)
Replies: 14
Views: 769

Re: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)

Since we're talking "stay or go", What if I were to stay with Ameriprise but just liquidate the existing VA and have them create/transfer funds to a new 403(b) with nothing but Vanguard and Fidelity index funds? That would prevent my having to transfer anything to another brokerage. I have my annua...
by krow36
Mon Jan 08, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)
Replies: 14
Views: 769

Re: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)

I guess I'm wondering why the recommendation to move to fidelity just for the 403(b)? My wife's Ameriprise IRA is entirely a Fidelity four fund portfolio with industry specific index funds, and the ERs are just barely better than the ones on the VA sub funds. Vanguard easily beats Fidelity with fee...
by krow36
Mon Jan 08, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)
Replies: 14
Views: 769

Re: Rollover Amerirprise 403(b) / Move to Vanguard 403(b)

1) Considering the thread on here regarding Vanguard 403(b) and the new $60/yr. fees imposed in 2017, also factoring into account the obnoxious ER on the Ameriprise VA, would I STILL be better off rolling over to a 403(b) with Vanguard? I am not interested in rolling over to an IRA. I have a pensio...
by krow36
Mon Jan 08, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Lincoln Investments "Participant Directed Platform"
Replies: 46
Views: 6031

Re: Lincoln Investments "Participant Directed Platform"

Sorry that Lincoln’s PDP isn’t available to you. At least 2 posters from NY state are able to use PDP. It’s not known how Lincoln decides which districts can use it. You could do worse than Lincoln’s Premier platform. What other vendors are on your district’s 403b list? Are you aware of the excellen...
by krow36
Sat Jan 06, 2018 12:51 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3214

Re: Edward Jones - help

Your table is impressive. I’m not really able to follow all the logic of your columns or how you calculate everything. It’s great that your boss is willing to listen to you and consider changing providers next year. I think the current EJ SIMPLE IRA is it for 2018. Next October is the time to organi...
by krow36
Fri Jan 05, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Taxable Account Sweep Dividends and Capital Gains
Replies: 2
Views: 381

Re: Vanguard Taxable Account Sweep Dividends and Capital Gains

I have some funds in a taxable account at Vanguard. I initially set up my account to reinvest Dividends. For making tax filing a bit easier I want to change this. The option is to transfer to settlement fund which I believe is what people are referring to as "sweep" and I believe this is what I wan...
by krow36
Fri Jan 05, 2018 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 403b selections, please
Replies: 4
Views: 273

Re: Help with 403b selections, please

The only provider on the list that offers a low-cost mutual fund based 403b is Security Benefit. Their NEA Direct Invest 403b offers 8 Vanguard Admiral class funds: Total Stock Market Index ER 0.05% Total International Stock Index ER 0.14% Intermediate Term Bond Index ER 0.10% 500 Index ER 0.05% Gro...
by krow36
Fri Jan 05, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Recharacterization Question
Replies: 2
Views: 185

Re: Roth IRA Recharacterization Question

The income limit for MFJ full Roth contribution in 2018 is ~$189k. Is that income limit pre-deduction (Pre-tax 401k, Medical premiums/HSA, std or itemized deductions), AGI, or MAGI? Do capital gains, qualified dividends, or ordinary dividends count toward this limit? Use this worksheet to calculate...
by krow36
Fri Jan 05, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3214

Re: Edward Jones - help

Can anyone decipher this document? https://www.edwardjones.com/images/guided-solutions-fund-brochure.pdf specifically the section about leaving "guided solutions" I cant tell if that would force me to shut the account entirely, meaning Id also lose my match, Or if I can just opt out of the advisor ...
by krow36
Thu Jan 04, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3214

Re: Edward Jones - help

EJ is absolutely Horrible. Live and Learn right? I am going to slowly try to pry out how much they are paying for them to manage the company plan. I bet vanguard is much cheaper. I’ve helped a relative move her small business’ SIMPLE IRA account from EJ to Vanguard. With a SIMPLE IRA, I believe the...
by krow36
Thu Jan 04, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3214

Re: Edward Jones - help

You might find this thread worth reading: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=204277 It’s long but covers the fees and other problems with the EJ Guided Solutions, transfer (frozen) SIMPLE IRA accounts, and lots more. EJ now uses a Form 5305-SA SIMPLE IRA which allows them write the...
by krow36
Wed Jan 03, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Simple-IRA Question.
Replies: 3
Views: 223

Re: Quick Simple-IRA Question.

It’s not clear if you are still contributing to your employer’s SIMPLE IRA, and have done an asset transfer to a frozen SIMPLE at Vanguard? Or you separated from the employer and rolled your account to Vanguard? Is the total of your Vanguard accounts over 50k (the minimum for Voyager status)? If not...
by krow36
Wed Jan 03, 2018 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my GF with her Oppenheimer 403(b)...
Replies: 51
Views: 4459

Re: Help me help my GF with her Oppenheimer 403(b)...

If you talked to a local rep, then you may not have received informed information. It’s suggested to talk to someone in a Lincoln Investment Group regional office, not to a local rep. Several BH posters in NY have been able to use the Participant-Directed Platform. Here’s an incomplete list: A440, s...
by krow36
Tue Jan 02, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Another 403(b) question!
Replies: 13
Views: 959

Re: Another 403(b) question!

I now recall a poster on 403bwise ran into this same problem. This IRS Rollover Chart shows that a 403b to 457 transfer is allowed, but I now remember that a change of employers is required. https://www.irs.gov/pub/irs-tege/rollover_chart.pdf I’ll try and find that 403bwise thread and see if there’s...
by krow36
Mon Jan 01, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: 401k vs SEP/SIMPLE IRA
Replies: 4
Views: 258

Re: 401k vs SEP/SIMPLE IRA

Are you OK with contributing 20% of your 5 employees' wages to their SEP IRA accounts? Maybe you don't plan to max the SEP? I think most employers with 5 employees choose a SIMPLE IRA over a SEP IRA.
by krow36
Sat Dec 30, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs. 457b for Roth contributions?
Replies: 4
Views: 341

Re: 403b vs. 457b for Roth contributions?

https://thefinancebuff.com/case-against-roth-401k.html Have you read this? Will you have a pension when you retire? Will you be in a lower income bracket after retirement (before SS and RMDs)? If so that would be a better time to do conversions to a Roth IRA, than contributing now to a Roth 403b or ...
by krow36
Sat Dec 30, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Another 403(b) question!
Replies: 13
Views: 959

Re: Another 403(b) question!

An advantage of the Target Retirement funds is that they don’t require rebalancing and will become more conservative over time. So they are the ultimate in hands-off investing. The advantage of using a 3 or 4 fund portfolio is their lower cost, and the investor’s ability to choose their desired asse...
by krow36
Sat Dec 30, 2017 1:34 am
Forum: Investing - Help with Personal Investments
Topic: Another 403(b) question!
Replies: 13
Views: 959

Re: Another 403(b) question!

Are you a MA public school teacher? If so, I think you have access to the state 457 plan that is under the same organization as the MA state teachers retirement plan. It’s called the Massachusetts Deferred Compensation SMART Plan. https://mass-smart.empower-retirement.com/participant/#/articles/enro...
by krow36
Thu Dec 28, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Fixed Annuities and 401(k) asset allocation
Replies: 4
Views: 351

Re: Question about Fixed Annuities and 401(k) asset allocation

Woops - I saw you recommended BAGIX, not the Vanguard bond fund. That makes more sense, but my question still stands for curiosity: if she's getting a guaranteed net return on the annuity of around 2.8% (unless my math is off), why switch to BAGIX, which did about 2.64% over the last 5 years? You s...
by krow36
Thu Dec 28, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on Security Benefit 403(b)
Replies: 15
Views: 1036

Re: Feedback on Security Benefit 403(b)

Try sending a Private Message to EdlaFave or BashDash. They have been using Direct Invest.
viewtopic.php?t=223663
by krow36
Thu Dec 28, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Question about Fixed Annuities and 401(k) asset allocation
Replies: 4
Views: 351

Re: Question about Fixed Annuities and 401(k) asset allocation

My questions are as follows: 1. If I want to rebalance her to a 3-fund portfolio approach, will she potentially be hit with some sort of penalty for pulling out of these annuities? It sounds like there might be a contract involved with annuities? Is there anything I should know about before just pu...
by krow36
Thu Dec 28, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Capital gains distributions in IRA
Replies: 2
Views: 193

Re: Mutual Fund Capital gains distributions in IRA

This year the fund had a short term capital gain of $0.0319 and a long term capital gain of $0.0741 for a total of $0.106. If I understand this correctly that would be a "pass-thru" cost to the investor of approximately 22 bps ($0.106/$47.40). The $47.40 is the current NAV. What I am trying to solv...
by krow36
Thu Dec 28, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: American Funds Simple IRA Front End Load Fee of 5% when is it too much
Replies: 5
Views: 688

Re: American Funds Simple IRA Front End Load Fee of 5% when is it too much

Congratulations on DW maxing out her SIMPLE IRA! Other posters have been able to use the AF MM fund and avoid the load. Of course the broker that is managing the SIMPLE for DW’s employer will advise against changing new contributions from the AF Balanced fund but should allow it. DW will have to be ...
by krow36
Wed Dec 20, 2017 1:02 am
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor roth - 401k to IRA
Replies: 10
Views: 1396

Re: Mega backdoor roth - 401k to IRA

2) Is there a difference between rolling into a designated roth in my 401k at Fidelity and rolling into a regular roth IRA at Vanguard? An In-plan Roth Rollover (IRR) would remain in the plan subjecting the earnings to ordinary income tax. If you followed the latter process from my response to 1. a...
by krow36
Sat Dec 16, 2017 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on Security Benefit 403(b)
Replies: 15
Views: 1036

Re: Feedback on Security Benefit 403(b)

There’s been lots of discussion of the Security Benefit NEA Direct Invest on both this forum and on the 403bwise.com forum. There has been very little negative comment by those actually using the plan. On the chance that you haven’t checked out the 403bwise threads, here are the most recent: http://...
by krow36
Sat Dec 16, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Legal to Max 403b, 457, and Roth (for $41.5k)?
Replies: 9
Views: 951

Re: Legal to Max 403b, 457, and Roth (for $41.5k)?

am i allowed to do the Roth on top of the existing 36K tax deferred retirement savings? if not; You can contribute to a Roth IRA directly if your modified AGI is less than the level sited below: https://www.irs.gov/publications/p590a#en_US_2016_publink1000230977 Can You Contribute to a Roth IRA? Ge...
by krow36
Wed Dec 13, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions - Spouse is Employee
Replies: 37
Views: 2781

Re: Edward Jones Guided Solutions - Spouse is Employee

I don’t know anything about the FINRA brokerage rule you are dealing with. For 5 or even 10 years, it probably would pay to use EJ’s Guided Solutions for retirement accounts. Are you aware of EJ’s ETF Focus List? https://www.bogleheads.org/forum/viewtopic.php?f=1&t=204277&start=50 Jan 25, 2017, mill...
by krow36
Wed Dec 13, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: 3 accounts, 30 plus funds, 330,000 value, 2 advisers
Replies: 15
Views: 1415

Re: 3 accounts, 30 plus funds, 330,000 value, 2 advisers

If your "retirement accounts" are either traditional IRAs or Roth IRAs, they can be transferred to a providor of low-cost index funds such as Vanguard or Fidelity. You don't need your advisors to make this transfer--just contact VG or Fido and they will handle the transfer after you complete the pap...
by krow36
Tue Dec 12, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Vanguard through TIAA-CREF
Replies: 41
Views: 2413

Re: Investing in Vanguard through TIAA-CREF

Gretchen Morgenson has a long article on TIAA in the NY Times published Oct 21: https://www.nytimes.com/2017/10/21/business/the-finger-pointing-at-the-finance-firm-tiaa.html?_r=0 Here's a followup NYTimes article on TIAA's problems, published to Nov 9. The NY State Attorney General is now getting in...
by krow36
Tue Dec 12, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Having trouble finding a Lincoln Financial "Regional Office"...any help?
Replies: 5
Views: 378

Re: Having trouble finding a Lincoln Financial "Regional Office"...any help?

You might call the number at the bottom of this web page and ask them for the office that can tell you if you can use the Lincoln Participant-Directed Platform. http://www.lincolninvestment.com/find-local-office/investor-services-advisor-team.cfm If that doesn’t work, just call a local rep and ask t...
by krow36
Tue Dec 12, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Help w/ portfolio & w/ approximating stock market
Replies: 8
Views: 753

Re: Help w/ portfolio & w/ approximating stock market

I agree with ruralavalon that using a S&P 500 index fund is close enough to a Total Stock Market fund. If you look at the Fact Sheet of the NYSDCB Equity Index Unitized Account, you will see that it contains 13% mid caps. Instead of the Vanguard(R) Strategic Equity Fund - Investor Shares ER 0.18% (a...
by krow36
Tue Dec 12, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: work 457b
Replies: 12
Views: 926

Re: work 457b

Thank you bluejay1975 for bringing your school district’s 403b/457 plan to the our attention. This district is a member of a consortium of 39 districts and instead of each district having a number of vendors, now they all have only one—VALIC. The districts were able to reduce costs significantly and...
by krow36
Mon Dec 11, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: work 457b
Replies: 12
Views: 926

Re: work 457b

bluejay1975, is this the consortium that your district uses for their 403b and 457 plans? https://www.edplus.org/cms/lib/MO019283 ... %20All.pdf
by krow36
Mon Dec 11, 2017 1:54 am
Forum: Investing - Help with Personal Investments
Topic: How would you save for retirement if you were 28?
Replies: 11
Views: 2119

Re: How would you save for retirement if you were 28?

My questions: 1.) Does it make sense to continue to contribute $5,500 a year to the 2055 Target Retirement fund through my IRA or perhaps swap to the Admiral Shares with something like this? https://docs.google.com/spreadsheets/d/1BwFI3mJrY71h_Vl6PZy71PApg9YuONZFaIuw2aVev6Q/edit?usp=sharing I've re...
by krow36
Sun Dec 10, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: How would you save for retirement if you were 28?
Replies: 11
Views: 2119

Re: Questions on AA for retirement

Hi all, Newcomer in the index fund world. I've read the Boglehead's Guide to Investing and enjoyed following other posts, but still having some trouble figuring out what would be the best AA for a retirement plan. Here's what I have: $5,550 - Roth IRA in Vanguard (Invested in 2055 Target retirement...
by krow36
Sat Dec 09, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Lincoln Investments "Participant Directed Platform"
Replies: 46
Views: 6031

Re: Lincoln Investments "Participant Directed Platform"

3) How can I compare apples to apples when it comes to the total fees and the total expected returns/actual returns between the participant directed platform and my current portfolio? Vanguard has an excellent tool for comparing the cost of fees over time of a Vanguard and a non-Vanguard fund: http...