Search found 1125 matches

by krow36
Mon Mar 27, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Questions
Replies: 17
Views: 1465

Re: Allocation Questions

I should have mentioned that the Direct Invest option has not been made available in CA because Security Benefit has not listed it in the 403bcompare.com website.
https://www.403bcompare.com/vendors/1022#/productlist
by krow36
Mon Mar 27, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Questions
Replies: 17
Views: 1465

Re: Allocation Questions

Eagle618, you do have one possibility on your 403b provider list. Security Benefit offers an NEA Direct Invest option. They include 8 Vanguard low cost index funds. All of Security Benefit’s other plans are very high fee and to be avoided at all costs! http://www.nearetirementprogram.com/enrollment ...
by krow36
Mon Mar 27, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Cross vendor plan with Fidelity and 403b
Replies: 2
Views: 106

Re: Cross vendor plan with Fidelity and 403b

Since my employer has a 403b plan and allows me to use Fidelity can I use any funds they offer? If not, who decides which funds I can use? Is that set by my employer or Fidelity? I want to get in to all index funds and have pretty well picked out funds I want. I'm just wondering who decides what I ...
by krow36
Mon Mar 27, 2017 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Question on managing own 403b
Replies: 14
Views: 505

Re: Question on managing own 403b

Have you looked into whether you have an option to open a 457? Although Fidelity is quite good, my 457 had even lower fees and lower cost index fund options as well. I'm in MA, but I believe NY and some other states also have low-cost, well run 457 plans. Definitely worth looking into before you si...
by krow36
Mon Mar 27, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Question on managing own 403b
Replies: 14
Views: 505

Re: Question on managing own 403b

Mndiver, welcome to the forum! 1. Because I am currently in Ameriprise Annuities I believe there will be a fee for getting out. I'm still waiting to see what that fee is. I am wondering if there is anyway to mitigate the fee as I feel I was mislead by the advisor i.e. I told him I wanted aggressive ...
by krow36
Sun Mar 26, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: 403b allocation help
Replies: 7
Views: 326

Re: 403b allocation help

Maybe you've already researched your non-governmental 457 plan, but if not, White Coat Investor has a thorough article with lots of links to other articles. The discussion after the article is worth a look also.
http://whitecoatinvestor.com/should-you-use-your-457b/
by krow36
Sat Mar 25, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for NYS Deferred Compensation Plan
Replies: 5
Views: 273

Re: Advice for NYS Deferred Compensation Plan

How about the following: Vanguard Institutional Index Fund - Plus (500 Index) Vanguard Small Cap Index - Institutional Plus These 2 in a 4 to 1 ratio is close to equaling Total Stock Market. International Equity Fund - Index Portfolio Vanguard Total Bond Market Index Bond Fund - Institutional Plus h...
by krow36
Sat Mar 25, 2017 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: 403b allocation help
Replies: 7
Views: 326

Re: 403b allocation help

Imk1996, welcome to the forum! Your 401k’s personal rate of return over that period does seem much too low to me. Do you know all the fees you are paying on your 403b investments? Look at your plan’s expense ratio for each of your funds. Don’t get the ERs from open internet, get them for your plan. ...
by krow36
Sat Mar 25, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Milestone Review of Portfolio & Increasing Income
Replies: 2
Views: 358

Re: Milestone Review of Portfolio & Increasing Income

You could consider raising the 403b contribution so as to max it out at 18k, (or even 24k because age is over 50). Using some funds from your taxable account for living expenses can make up for the reduced paycheck. It's a way a moving taxable funds into a deferred tax account that can make sense
by krow36
Sat Mar 25, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Transfer question
Replies: 13
Views: 346

Re: 403b Transfer question

I see the problem you are anticipate—the SB form isn’t set up for your unusual situation. I think I would use the middle option, but would add an explanation that you made the “90-24 transfer” to AF back when it was allowed. So the transfer is sort of a combination of the first and the second option...
by krow36
Sat Mar 25, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: 403b Transfer question
Replies: 13
Views: 346

Re: 403b Transfer question

I spoke with Vanguard support and they said to make an empty Traditional IRA which I did (no problem with that) and initiate a rollover of the American Funds 403b by having American Funds send Vanguard the funds (not possible because VG not on the provider list) . I spoke with my adviser from Ameri...
by krow36
Sat Mar 25, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: 403b Transfer question
Replies: 13
Views: 346

Re: 403b Transfer question

You should not call Vanguard for advice on your problem. The transfer you want is from American Funds to Security Benefit's Direct Invest. Establish that account, selecting the Vanguard index funds that they offer. Then ask them for their form to make a trustee to trustee transfer. The Direct Invest...
by krow36
Thu Mar 23, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Teachers and friends/relatives of teachers
Replies: 25
Views: 3103

Re: Teachers and friends/relatives of teachers

CoachIke Please send me some information. My email is fpappal@gmail.com Have you tried contacting CoachIke through his website? There's a link in the previous post. Teacher88, in your first post back in 2014, you mentioned that your district uses OMNI as their Third Party Administrator. Are you awa...
by krow36
Thu Mar 23, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Teachers and friends/relatives of teachers
Replies: 25
Views: 3103

Re: Teachers and friends/relatives of teachers

I recently added a Wiki article on the K-12 403b problem. https://www.bogleheads.org/wiki/403b_plans_for_K-12_public_school_district_employees I’m looking for additions or related topics to add. Coach Ike’s website seems to focus on selling his book/course although he does link to the NY Times serie...
by krow36
Wed Mar 22, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: 403B or Roth IRA?
Replies: 21
Views: 788

Re: 403B or Roth IRA?

We still need to find out if you are employed by a non-profit school, or by a public school district. If the former, copy and paste the funds you can use into your post. Google “copy and paste” if you need to. If you work for a public school district, look at the district’s website, find the HR offi...
by krow36
Wed Mar 22, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: 403b: side by side comparison of high fee/low fee
Replies: 6
Views: 404

Re: 403b: side by side comparison of high fee/low fee

Using the “silent killer” table to compare the effect of different ERs and also the “cost compare” tool, be aware that both make the assumption that the 2 funds perform equally as far as getting the return of the market. In order to focus on costs only, this assumption is necessary. Some folks will ...
by krow36
Wed Mar 22, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: 403b: side by side comparison of high fee/low fee
Replies: 6
Views: 404

Re: 403b: side by side comparison of high fee/low fee

You should add in the mgmt fee. Scroll down to the inputs table and change the ER to include the mgmt fee. Then hit Recalculate. You can increase the amount invested and the time period, and the result will be very obvious. Of course, neither the compare cost tool nor the “effect over time” table sh...
by krow36
Wed Mar 22, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: 403b: side by side comparison of high fee/low fee
Replies: 6
Views: 404

Re: 403b: side by side comparison of high fee/low fee

This table shows the effect of fees on the balance over time. https://vanguardblog.com/2011/10/28/stopping-the-silent-killer-of-returns/ This Vanguard tool allows you to compare the cost of 2 funds, one a Vanguard fund and the other a non-Vanguard fund, over time. It gives the results in numbers as ...
by krow36
Tue Mar 21, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help with personal investments
Replies: 4
Views: 445

Re: Help with personal investments

I think your 403b plan is the CalSTRS Pension2 plan. VOYA is the record keeper and administrator but the plan is run by the CA State Teachers Retirement System. It's a very good plan which adds 0.25% to some Vanguard index funds etc. https://www.403bcompare.com/products/61#/investmentoptions In addi...
by krow36
Mon Mar 20, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Making my 1st investment
Replies: 28
Views: 1691

Re: Making my 1st investment

So liquidate SIMPLE, then roll into Roth? It's a multi-step process that will take some time. 1. Call up Vanguard and tell them you want to move your SIMPLE IRA to a Vanguard IRA. They will direct you to the correct forms, fill them out and send them to Vanguard. They will tell you if you should go...
by krow36
Mon Mar 20, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Making my 1st investment
Replies: 28
Views: 1691

Re: Making my 1st investment

Thinking SIMPLE roll over into ROTH makes sense considering my taxes/income will increase significantly within the next year or 2 ... I thought I saw something about only doing 1 IRA rollover per year, so not sure if that's possible to do now? the simple is 6 funds I'd like to consolidate so thinki...
by krow36
Mon Mar 20, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Lincoln Investments "Participant Directed Platform"
Replies: 29
Views: 2938

Re: Lincoln Investments "Participant Directed Platform"

Duplicate posts on 2 different threads is not ideal.
by krow36
Mon Mar 20, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my GF with her Oppenheimer 403(b)...
Replies: 28
Views: 2282

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

There is absolutely no harm in stopping contributions in a 403b. Good idea to stop contributing to the Oppy 403b as soon as she has something better set up! Or sooner if she wants. Opening a Roth IRA at Vanguard is also a good idea! GF can roll over her Oppy 403b account to an IRA IF she is no longe...
by krow36
Mon Mar 20, 2017 1:22 am
Forum: Investing - Help with Personal Investments
Topic: Advice for moving from financial advisor
Replies: 11
Views: 798

Re: Advice for moving from financial advisor

Newly married and able to convince my wife to move her assets away from her financial advisor. She was paying 1.25% AUM to hold funds with basis points between 70-120 at an allocation of 70% bonds (she's 37). I've always held my accounts at Vanguard and nearly gagged when I saw what she was paying ...
by krow36
Sun Mar 19, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Sorting through 403b/457 options...
Replies: 20
Views: 945

Re: Sorting through 403b/457 options...

I don’t think there’s a benefit to filing “married filing singly”. I’ll admit I’m not familiar with the pros and cons of filing MFS. If his income is much reduced, that should make it easier to get in to the middle or lower end of the MFJ 15% tax bracket so as to have some headroom. If the particula...
by krow36
Sun Mar 19, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my GF with her Oppenheimer 403(b)...
Replies: 28
Views: 2282

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

UPDATE: 1. ceasing further contribution to 403b 2. moving Oppenheimer assets to Lincoln 3. opening Vanguard Roth IRA question: any tips on what to invest in the Roth? we are not risk-averse but not super risky either. would it be absurd to invest in VTSMX? I'm glad you took care of the old Mass Mut...
by krow36
Sun Mar 19, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Sorting through 403b/457 options...
Replies: 20
Views: 945

Re: Sorting through 403b/457 options...

I think you plan to max out your tax deferred accounts and use other funds for living expenses is a good one. Don’t make the dumb mistake I once made on capital gains. Even though LTCG are taxed at 0% in the 15% bracket, they are added to all the other taxable income to determine how much is taxed a...
by krow36
Sat Mar 18, 2017 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: SEP-IRA and 1099 Income
Replies: 12
Views: 475

Re: SEP-IRA and 1099 Income

Hopefully Spirit Rider will be along to give you a detailed answer. In the mean time you should read about an individual (solo) 401k. https://www.bogleheads.org/wiki/Solo_401(k)_plan
by krow36
Sat Mar 18, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Sorting through 403b/457 options...
Replies: 20
Views: 945

Re: Sorting through 403b/457 options...

Do you agree that Fidelity seems to be the best option in this case? I was initially leaning towards ASPire after listening to the Teach and Retire Rich interview but it seems Fidelity's costs would be lower. Security Benefit is tempting with the no fee over 50K. Maybe that's something to consider ...
by krow36
Sat Mar 18, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Sorting through 403b/457 options...
Replies: 20
Views: 945

Re: Sorting through 403b/457 options...

Questions: 1) Can anyone with experience please clarify whether I truly have access to the share classes with lower expense ratios (Vanguard's Admiral Shares, Schwab's Investor Shares, Fidelity Premium Shares) without meeting any sort of minimums? I've looked all over for clear information about ho...
by krow36
Sat Mar 18, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: NY Times first in a series about 403(b)s with public K-12
Replies: 121
Views: 13376

Re: NY Times first in a series about 403(b)s with public K-12

ruralavalon wrote:The administrative fee is not added to the fund fee, it says that the "administrative fee is included in the fund fee".

Oh my. I did it again! :oops:
by krow36
Sat Mar 18, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Lincoln Investments "Participant Directed Platform"
Replies: 29
Views: 2938

Re: Lincoln Investments "Participant Directed Platform"

My wife’s Pennsylvania school district has both Lincoln Investment Planning and Security Benefit Group as 403b options. In our situation, with a 160K balance, the yearly fee would be $60 for Lincoln and $0 for SB. Despite the fee, I preferred the additional Vanguard Admiral fund choices in Lincoln’...
by krow36
Sat Mar 18, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: NY Times first in a series about 403(b)s with public K-12
Replies: 121
Views: 13376

Re: NY Times first in a series about 403(b)s with public K-12

The weighted average expense ratios for all four providers will be about the same. The other providers will have weighted average expense ratios of 0.24.4% and 27.5% for that same asset allocation. That's not enough difference to matter in my opinion. The other providers add an admin fee of 0.20% o...
by krow36
Fri Mar 17, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing new 403b with current Roths
Replies: 1
Views: 121

Re: Balancing new 403b with current Roths

I vote for option 1. I have both of the bond funds. Intermediate-term bond index has more corporate bonds and no mortgage bonds and often has a higher return (which probably means it has a bit more risk). Either option seems acceptable to me.
by krow36
Fri Mar 17, 2017 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: 403b plans for K-12 public school employees
Replies: 4
Views: 225

403b plans for K-12 public school employees

In an effort to spread the word about the unique 403b situation K-12 school employees find themselves in, I’ve written a Wiki on the subject. https://www.bogleheads.org/wiki/403b_plans_for_K-12_public_school_district_employees I welcome comments and suggestions and hope to add some related topics to...
by krow36
Fri Mar 17, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions
Replies: 99
Views: 10945

Re: Edward Jones Guided Solutions

I’m hoping that you both reply. Thanks for the update. I’m disappointed that you still have to use Guided Solutions but not surprised that. That’s great that you’ve started the first Asset Transfer to Vanguard. It sure seems that the EJ Guided Solutions Brochure is in conflict with the EJ SIMPLE IRA...
by krow36
Fri Mar 17, 2017 2:45 pm
Forum: Investing - Theory, News & General
Topic: NY Times first in a series about 403(b)s with public K-12
Replies: 121
Views: 13376

Re: NY Times first in a series about 403(b)s with public K-12

VOYA looks like it might have the low cost edge on VALIC. There's no administration fee added to the funds' ER, and the Vanguard Total Stock Market, Institutional class has that outstanding ER of 0.04%. Depending on your asset allocation, that fund will probably be a big/biggest fund in the portfoli...
by krow36
Fri Mar 17, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions
Replies: 99
Views: 10945

Re: Edward Jones Guided Solutions

Are you making any progress with your EJ SIMPLE IRA? I noticed in section F of the EJ SIMPLE IRA Disclosure Statement that it plainly states that any uninvested cash will be held in a MM. F. Investments. Your Edward Jones SIMPLE IRA is a self-directed IRA, which means that you direct the investments...
by krow36
Thu Mar 16, 2017 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: 403B or Roth IRA?
Replies: 21
Views: 788

Re: 403B or Roth IRA?

OK, you are employed by by a school, but we need more information. Are you employed by a public school district or a private non-profit school? It makes a difference. If it's a public school district, you most likely have a choice of 403b plan providers. If you work for a private non-profit school, ...
by krow36
Thu Mar 16, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Fed Up 403b in NJ
Replies: 10
Views: 877

Re: Fed Up 403b in NJ

nonabsuomy wrote: Our options are within a 403B annuity wrapper. All providers require that you use an "advisor" -- not one I've encountered were worth their weight.

VALIC’s Inside Edge plan and their Group plan both have optional advisor fees. I fixed the link in my previous post.
by krow36
Thu Mar 16, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: NY Times first in a series about 403(b)s with public K-12
Replies: 121
Views: 13376

Re: NY Times first in a series about 403(b)s with public K-12

Here's a link to the final article in the series. Bogleheads again gets a plug. http://www.nytimes.com/2016/11/05/your-money/403-b-retirement-plan-tips.html?ref=business And the plans often stay bad until employees themselves make noise, bring in outside help or build something better for themselve...
by krow36
Thu Mar 16, 2017 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Help with Wife's 403(b)
Replies: 17
Views: 593

Re: Help with Wife's 403(b)

I think BashDash is referring to this thread: viewtopic.php?f=1&t=204326 It's a bit long but the asset allocation discussion is on the 2nd page.
by krow36
Thu Mar 16, 2017 12:11 am
Forum: Investing - Help with Personal Investments
Topic: 403B or Roth IRA?
Replies: 21
Views: 788

Re: 403B or Roth IRA?

JillMadeline, welcome to the forum! Does your employer offer a single 403b plan? K-12 school districts usually have a list of providers you can choose from. If it's a single plan, please list the mutual funds available and their expense ratios. If you're employed by a K-12 school district, please li...
by krow36
Wed Mar 15, 2017 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Fed Up 403b in NJ
Replies: 10
Views: 877

Re: Fed Up 403b in NJ

Have you checked out VALIC on the 403bcompare website? There are several mutual fund based plans (not annuity based). https://www.403bcompare.com/Employee/Vendor/VendorProductList.aspx?vid=1886 The Inside Edge plan has a Stock Index (Sun America) with an ER of 0.34%. VALIC adds $30 and 0.40%. That's...
by krow36
Wed Mar 15, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Wife's 403(b)
Replies: 17
Views: 593

Re: Help with Wife's 403(b)

The NY state 457 plan is an excellent low cost plan.
guide to investing https://www.nysdcp.com/tcm/nysdcp/stati ... it.pdf?r=1
plan partners & fees https://www.nysdcp.com/tcm/nysdcp/stati ... cy.pdf?r=1
by krow36
Wed Mar 15, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to transfer a Roth IRA and this Medallion Signature requirement is driving me nuts!
Replies: 38
Views: 1923

Re: Trying to transfer a Roth IRA and this Medallion Signature requirement is driving me nuts!

I was with a relative who was moving a SIMPLE IRA account from American Funds to Vanguard. The broker was Edward Jones and wasn't involved in the move. In a 3 way phone call with VG and AF, AF said they do not require a MSG for transfers under 250k. VG's form has a space for the MSG but it seems to ...
by krow36
Wed Mar 15, 2017 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Financial Checkup
Replies: 16
Views: 2039

Re: Financial Checkup

user85613, welcome to the forum! Congratulations on getting serious about investing at the young age of 32! You probably have around 30 years before retirement. Please list the provider for the 403b and for the SIMPLE IRA. Also what mutual funds are you using in each and what is each fund's expense ...
by krow36
Tue Mar 14, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice / Thoughts
Replies: 13
Views: 980

Re: Portfolio Advice / Thoughts

His Brokerage $22,000 in VTSAX- VANGUARD TOTAL DOMESTIC ADMIRAL, 0.05% ER $11,000 in VTIAX- VANGUARD TOTAL INTERNATIONAL ADMIRAL, 0.11% ER $11,000 in VBTLX- VANGUARD TOTAL BOND ADMIRAL, 0.06% ER $11,500 in VDADX- VANGUARD DIVIDEND APPRECIATION ADMIRAL, 0.09% ER $3,500 in VMGRX- VANGUARD MIDCAP GROW...
by krow36
Tue Mar 14, 2017 1:11 am
Forum: Investing - Help with Personal Investments
Topic: Which 403b out of these choices?
Replies: 5
Views: 424

Re: Which 403b out of these choices?

I think it makes sense that Vanguard charges a bit more for their funds in their direct 403b. Their Investor class ERs are still very low. There's extra costs to administering a 403b and so it's the idea of "user pays". Otherwise those extra costs would be born by their taxable and IRA acc...

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