Search found 1275 matches

by krow36
Fri Sep 22, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Please check my thinking - wife's high -fee 403b
Replies: 7
Views: 331

Re: Please check my thinking - wife's high -fee 403b

Is the school a K-12 public school? If so, does the district have other providers on its 403b list?
by krow36
Tue Sep 19, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: [Help with Edward Jones account]
Replies: 10
Views: 1260

Re: Edward Jones Guided Solutions Fees [moving from but need new advisor]

lalainvest552, welcome to the forum. Vanguard and Fidelity do not charge the employer for their SIMPLE IRA plans. Setting them up is a simple matter of filling out forms. You as the employer will fill out the form to establish your business’ SIMPLE plan. Each of your employees and you as well will f...
by krow36
Mon Sep 11, 2017 11:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 110
Views: 9096

Re: Vanguard 403b Changes

Scott Dauenhauer is a CFP who has worked for many years on improving the K-12 403b. His blog on the Vanguard 403b change is worth a read. http://teachersadvocate.blogspot.com/2017/09/VanguardChanges.html Vanguard has informed Scott that they are moving non-ERISA plans of under 20M to the Newport Gro...
by krow36
Mon Sep 11, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 13
Views: 1225

Re: Should we continue to pay into a 457 annuity

Hey pretzelfisch, hopefully this finds you since I just registered here and it won't let me send private messages yet. I was searching CA 457 accounts here and saw your posts about 457 specifically for SJUSD. My spouse and I were looking at opening an account through the provider (TDS) but were ver...
by krow36
Mon Sep 11, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Lincoln Investments "Participant Directed Platform"
Replies: 34
Views: 4419

Re: Lincoln Investments "Participant Directed Platform"

The form I received was called "New Account Form - RS1PD Final.pdf" which has the Vanguard funds available on the platform (Note that only Vanguard funds are available). The person I talked to made it sound like there are some location specific plans, saying the form I got was the one they send to ...
by krow36
Sun Aug 20, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Teacher 403(b) signup - any tips?
Replies: 17
Views: 1544

Re: Teacher 403(b) signup - any tips?

Fidelity offers a generic 403b to public school districts and you can check out the funds on 403bcompare.com. Premier class index funds are on the list. You can get an overview of the K-12 403b world on the BH Wiki.
by krow36
Sun Aug 13, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: 403b help
Replies: 12
Views: 1106

Re: 403b help

The only provider on your list that offers a mutual fund custodial account rather than an annuity 403b is Ameriprise. Check them out on 403bcompare (run by CA State Teachers Retirement System). They sell class A and C Columbia funds (front and back loaded) which also have high ERs. However they offe...
by krow36
Fri Jul 28, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Plan Detective: Where do I find the "hidden" fees?
Replies: 8
Views: 570

Re: 403(b) Plan Detective: Where do I find the "hidden" fees?

Fidelity and Vanguard are the lowest cost mutual fund providers-- you are very fortunate!
by krow36
Thu Jun 08, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Lost with 403bs
Replies: 30
Views: 3629

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: 30
Views: 3629

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: 30
Views: 3629

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: 30
Views: 3629

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: 30
Views: 3629

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: 30
Views: 3629

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: 31
Views: 2936

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: 1478

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: 1478

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: 13
Views: 1225

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: 13
Views: 1225

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: 2368

Re: Investment Advice

The TPA is TCG: m Enter: Clear Creek ISD Summary Plan Description: m Plan Password for enrolling online: clear403 Vendors Available In TCG Administered Texas Plans https://tcg-doclib.s3.amazonaws.com/tcgdoclib/prod/docs/403(b)_Vendors%20-%20TX%20list%20%20032017_20170315_152656.pdf This list of prov...
by krow36
Mon Jun 05, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2368

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: 2368

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: 2368

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. m. If I were you, I would explore Fidelity Investme...
by krow36
Sun Jun 04, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones
Replies: 22
Views: 2523

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: 2368

Re: Investment Advice

If your wife’s employer is the Houston school district, there are dozens of 403b providors to choose from. m You posted all the mutual funds that are available from a single providor. I didn’t notice any low-cost index fund companies which is what this forum would recommend. She should choose one of...
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: 7924

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: 3164

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: 7924

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: 235

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: 579

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: 579

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: 579

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: 579

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: 810

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: 810

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: 576

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: 13
Views: 1225

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: 757

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. 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 why 4...
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: 13
Views: 1225

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: 2360

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: 2366

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: 576

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: 612

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. m 3. See above Wiki articl...
by krow36
Sun May 28, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: edward jones guided solutions/grandfathered
Replies: 18
Views: 4432

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: 536

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: 852

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: 1401

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
Sat May 20, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help - 403b and Roth IRA investments
Replies: 7
Views: 783

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. m I like you...