Search found 1235 matches

by krow36
Mon May 29, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley in taxable (early retirement)?
Replies: 3
Views: 340

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: 12
Views: 1478

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: 1
Views: 124

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: 2
Views: 223

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: 1893

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: 399

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: 6
Views: 477

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: 4
Views: 588

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: 351

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: 595

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: 587

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: 818

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: 437

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: 598

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: 587

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: 570

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: 446

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: 460

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: 1893

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...
by krow36
Fri May 12, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help me quantify exactly how expensive AXA is.
Replies: 9
Views: 4079

Re: Help me quantify exactly how expensive AXA is.

What is the name of the variable annuity plan that AXA is offering in FL? Do they break down that "management fee" into M&E, etc.? Under the FL "Model Plan" the fees are supposed to be reduced from the usual generic fees, at least that's what I read on the 403bwise thread. Ha...
by krow36
Fri May 12, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Unique 403b Transfer Question
Replies: 4
Views: 184

Re: Unique 403b Transfer Question

Glad to hear it!
by krow36
Fri May 12, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Unique 403b Transfer Question
Replies: 4
Views: 184

Re: Unique 403b Transfer Question

I think you need to find the paperwork for the 90-24 transfer. If you can't find it in your files or get it from American Funds or AXA, I think you'll have to live with American Funds until you retire or change employers. At least you aren't paying loads on the funds any more. Are you using AF funds...
by krow36
Thu May 11, 2017 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: SEP IRA rollover to 401k issues
Replies: 10
Views: 546

Re: SEP IRA rollover to 401k issues

I wonder if using different terminology is causing a problem that doesn't really exist? A SEP IRA rolled into a 401k is not labeled "taxable". The SEP is an account funded with "pre-tax" contributions and is not taxed until distribution. Taxes don't enter into the transfer. It wi...
by krow36
Thu May 11, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Objectively critique an AXA recommended portfolio.
Replies: 16
Views: 805

Re: Objectively critique an AXA recommended portfolio.

Because the main focus of the plan is the first line, let’s focus on it? “Over 30 years the 1.75% annual fee costs you 65.37% of your real profits.” I see that you used your Excel spreadsheet in your website to calculate the 65.37% costs. https://educatorsfightingforfairness.wordpress.com/blog/ I wo...
by krow36
Thu May 11, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: SEP IRA rollover to 401k issues
Replies: 10
Views: 546

Re: SEP IRA rollover to 401k issues

Unfortunately on that Sep IRA statement Merrill Edge does not show that the Sep Ira contributions were taxable (what my 401k provider calls pre-tax) funds and so my 401k provider is asking me to demonstrate that these funds are in fact taxable funds. They will accept a letter from Merrill Edge, or ...
by krow36
Thu May 11, 2017 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions
Replies: 105
Views: 13586

Re: Edward Jones Guided Solutions

It seems like you can avoid the 1.24% AUM fee by doing a frequent transfer to Vanguard that will keep the GS balance under about $9,600. That would force GS to use the $10/month ($120/yr) fee. If the balance is greater than 9.6k, you’ll pay more that $120/yr. I think you’re stuck with paying that mi...
by krow36
Mon May 08, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Newly married: MFS, multiple IRAs, student loans, and taxes (HELP!)
Replies: 28
Views: 1322

Re: Newly married: MFS, multiple IRAs, student loans, and taxes (HELP!)

Contribute to both 401k plans. The 401k with no match (or beyond the match) is no different than a traditional IRA, tax-wise.
by krow36
Sat May 06, 2017 12:37 am
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

Not sure if this link will work (https://www.omni403b.com/PlanDetail.aspx?clientID=EHQmF4f9xl0=) but at the middle of the page it says OMNI P3, so I guess that's a yes... maybe? Here’s the complete OMNI P3 list of providers: https://www.omni403b.com/p3.aspx Those companies have agreed to pay any OM...
by krow36
Fri May 05, 2017 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Manual allocations of our retirement 403 accounts
Replies: 7
Views: 333

Re: Manual allocations of our retirement 403 accounts

If you decided on an asset allocation something like, 80/20, 20% of stocks in international: 64% US stocks 16% international stocks 20% bonds His 403b , contribute 18k Large-cap US stocks: Vanguard (VIIIX), 0.02%, 9% International Stocks: American Funds EuroPacific (RERGX), 0.50%4% DFA International...
by krow36
Fri May 05, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Deferred comp/457 vs. self-directed IRA?
Replies: 5
Views: 272

Re: Deferred comp/457 vs. self-directed IRA?

Should you consider contributing to a 457 plan? Certainly. Should she contribute to the 457 in addition to your IRA? That depends on the fees of her particular 457 plan--some are very low-cost and some are the opposite! Check the HR office's website and see if there's a link to the vendor that lists...
by krow36
Fri May 05, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

So I called our HR person and asked about the 457 plan. I was told that our district didn't participate in it and that it was only for police/fire and municipal employees. I then asked if we could join (wrong!), but was told we don't participate in that. We seem a bit unwilling to look into that po...
by krow36
Fri May 05, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

Are you saying your district doesn't participate in any 457 plan, or just not in the NY State 457 plan?
by krow36
Fri May 05, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

Your contributions to your 403b or 457 plan have to be made through salary reduction as mentioned above. I thought that was what you were planning but now I see that you were hoping to bypass that and deposit directly. You will have to find out if the grant is taxable or not from the office that pay...
by krow36
Thu May 04, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

I don't mean to hijack this thread, but I am in a similar situation and was wondering if someone can confirm that it should be a higher priority to max out roth ira rather than contributing to a pre-tax 403b/457. This year I will likely only be able to invest ~5k, and my 403b/457 options seem to ha...
by krow36
Thu May 04, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 123
Views: 15385

Re: Great 403b for teachers?

Unfortunately my wife immediately said no and declined to say why. I assume she feels this is taboo and she isn't interested in talking to teachers when they're "busy". It seems that door is closed. I'm a retired teacher and I think I may understand your DW's viewpoint. Especially at the ...
by krow36
Thu May 04, 2017 2:33 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting question
Replies: 7
Views: 789

Re: Tax loss harvesting question

Have you checked out Form 1040's Schedule D?
by krow36
Wed May 03, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

I was accepted into the Master Teacher Program, which is run by Gov. Cuomo's office (Buff State, locally). It's for science, tech, engineering, and math (STEM) teachers and you're expected to create/attend so many hours of professional development every year for 4 years. I've asked other people in ...
by krow36
Wed May 03, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

OMNI has an option for school districts called P3 (Preferred Provider Program) which you should be able to take advantage of. If your district doesn’t use it, you should talk to OMNI and ask them to help you get P3 for your district. I don't think it costs the district to sign up with P3. The OMNI P...
by krow36
Wed May 03, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Confidence in NY state pension, 403b, 457
Replies: 16
Views: 1113

Re: Confidence in NY state pension, 403b, 457

The amazingly high rate of return on the Fixed account of the NYC teacher's 403b is very unusual. It's an insurance company product and if what they have it invested in has reduced returns, then the rate has to be reduced. Do you know what it is invested in? Hedge funds? Private equity? Something el...
by krow36
Wed May 03, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 2223

Re: 403b vs 457

buffteach, welcome to the forum! Are you contributing to an IRA every year? I would do that before contributing to a 403b or 457 plan. You choose the provider for an IRA and so you can go with low-cost Vanguard, Fidelity or Schwab. If you can invest more than 5.5k per year for retirement, then I sug...
by krow36
Wed May 03, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help me quantify exactly how expensive AXA is.
Replies: 9
Views: 4079

Re: Help me quantify exactly how expensive AXA is.

Using 403bcompare, AXA offers the following in CA: AXA Retirement 360, a mutual fund based 403b plan EQUI-VEST Series 201 (Roth Eligible), a variable annuity 403b plan https://www.403bcompare.com/vendors/1067#/productlist It’s very likely that these are generic plans that are offered in other states...
by krow36
Tue May 02, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 123
Views: 15385

Re: Great 403b for teachers?

Is it possible for your wife to put a short notice in teacher’s boxes at school? If not, maybe pass it out hand to hand? Maybe suggesting an informal get-together on 403b investing, either at school or at a coffee shop? The Orlando newspaper article could get the attention of teachers and spread the...
by krow36
Mon May 01, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: 403 and 457
Replies: 4
Views: 586

Re: 403 and 457

If LFG is Lincoln Financial Group and your 403b there is invested in a variable annuity, you are no doubt paying high annual fees. And there are probably a surrender fees. How many years has it been since you last contributed? You could consider transferring the LFG 403b to your Fidelity 403b, where...
by krow36
Sun Apr 30, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: Requesting feedback on my quest to reform OCPS's 403b/457b
Replies: 10
Views: 680

Re: Requesting feedback on my quest to reform OCPS's 403b/457b

Where does the resistance from employees come? Do they not want to lose their "trusted" adviser? Do they fear low-cost, total market, index funds are inferior investments...perhaps because the annuity is somewhat similar to the pensions they've been conditioned to? Is it just something th...
by krow36
Sun Apr 30, 2017 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 123
Views: 15385

Re: Great 403b for teachers?

I'll give that article a read soon. Corruption wouldn't surprise me simply because so much money is involved but so far I have no reason to believe it is anything beyond ignorance, not caring, and wanting to offload "work" on to third party companies. I hope you're right. It is interestin...
by krow36
Thu Apr 27, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Thrivent Financial
Replies: 12
Views: 835

Re: Thrivent Financial

Thrivent is in the K-12 403b market, selling both a mutual fund based plan and an annuity based plans. The 19 Thrivent mutual funds in the MF based plan have an average ER of about 1.0% (0.8% to 1.2%) and a load of 4.5%. To be avoided. https://www.403bcompare.com/products/21 ... entoptions
by krow36
Thu Apr 27, 2017 2:07 am
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 123
Views: 15385

Re: Great 403b for teachers?

Apparently in 2013 they removed vendors. Assuming they removed annuity vendors, I guess they deserve credit for that. Then again they might have removed a low-cost vendor? I have no idea how they're funded. I assumed they were funded the same way any teacher or administrator is. The fact that you a...
by krow36
Wed Apr 26, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 6303

Re: We have a lot going on .... Input Requested.

If her Vanguard 403b is with a K-12 school district, it would be Vanguard's generic 403b plan which uses Investor class funds, not Admiral class. There's a $15/year per fund and a limit of 5 funds. So it makes sense to use a single Target Retirement or Life Strategy fund. The fee is waived if the fa...
by krow36
Wed Apr 26, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1378

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

As krow suggested, we will attempt to fund my 401k only up to the match and utilize the 403b for the remainder of our contributions. Security Benefit is very difficult to deal with for her 403b plan, so I will just have to see if I can actually sneak the NEA/Direct Invest in there. One rep told me ...
by krow36
Wed Apr 26, 2017 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 123
Views: 15385

Re: Great 403b for teachers?

As far as I know OCPS (FL) is in the second category where they select a few vendors and force their employees to go through one of those vendors. Although I don't know the exact mechanics of the relationship. If OCPS or the TSA Consulting Group they're using are acting as a fiduciary then they're ...

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