Search found 612 matches

by mur44
Sun May 29, 2016 7:41 pm
Forum: Personal Consumer Issues
Topic: Yoga or Pilates or Something Else?
Replies: 28
Views: 1198

Re: Yoga or Pilates or Something Else?

Yoga and resistance exercise would be your best bets. Yoga is intended for both mental and physical well being. You are not competing with others. You did not provide your age range. If your health permits, you should start. If you are a senior citizen, most libraries offer free chair yoga, which is...
by mur44
Wed May 25, 2016 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason NOT to change MediGap coverage?
Replies: 10
Views: 964

Re: Any reason NOT to change MediGap coverage?

When shopping for Medigap policy, one should
go with the cheapest insurance company.

Therefore, it is prudent to minimize your
family cost for the two Medigap plans.


Disclosure: I am a Certified Volunteer Medicare Counselor from NJ
by mur44
Tue May 17, 2016 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Starting Point For Navigating Through Medicare Maze
Replies: 19
Views: 1166

Re: Starting Point For Navigating Through Medicare Maze

For unbiased and free Medicare counseling, you should visit your local SHIP (State Health Insurance Assistance Program): https://www.shiptacenter.org/ If your healthcare needs are high, you should consider Medigap plan to cover gaps in Medicare Parts A and B. 'Medicare & You' publication from Me...
by mur44
Tue May 10, 2016 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: AARP UnitedHealthcare Insurance Company
Replies: 5
Views: 838

Re: AARP UnitedHealthcare Insurance Company

AARP medigap plans (including F) are community rated. AARP gives discount from age 65 to 75, starting at 30% at age 65 and the discount decreases 3 percentage points each year (at age 66, the discount decreases to 27%). Factor Age is probably mentioned to reflect this discount. I did not hear of any...
by mur44
Tue May 10, 2016 5:02 pm
Forum: Investing - Theory, News & General
Topic: public pension plan unfunded liabilities
Replies: 64
Views: 6883

Re: public pension plan unfunded liabilities

Larry, My wife's New Jersey State pension is around 33% of our annual expenses (before taxes). She worked for County government and it seems County and Local governments made 100% of the required contributions and the officials keep stating that that part of the NJ state pension funds is OK. Is this...
by mur44
Sat May 07, 2016 7:18 pm
Forum: Personal Consumer Issues
Topic: Rebuilding a Deck
Replies: 15
Views: 1406

Re: Rebuilding a Deck

We had our deck built with azek about 5 years ago.
It is really worth the additional cost.

For best price on the azek materials, you should shop
around. Home Depot gave us better price than local
entities.
by mur44
Wed May 04, 2016 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing Medigap Insurance
Replies: 23
Views: 1476

Re: Choosing Medigap Insurance

When selecting an insurance company for a Medigap plan, the rule is to select the cheapest plan, all things being equal. Once Medicare pays, the invoice/bill is automatically (computer to computer) sent to the Medigap insurance company. The Medicare beneficiary is NOT involved in the payment process...
by mur44
Tue Apr 19, 2016 5:16 pm
Forum: Personal Consumer Issues
Topic: comparing Medigap policies to retiree health insurance
Replies: 5
Views: 716

Re: comparing Medigap policies to retiree health insurance

Since Medigap plan 'F' has more subscribers, it is likely (not necessarily) the premiums for plan 'F' can stay lower. However, note that in the year 2020, Plan 'F' is planned to be discontinued. For current plan 'F' subscribers, it is likely to be grand fathered. Benefits and Costs are the two (2) f...
by mur44
Thu Apr 14, 2016 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Medicare supplement insurance premium
Replies: 4
Views: 361

Re: Estimating Medicare supplement insurance premium

Fifteen (15) years is a very long time as far as
Medicare is concerned, just my humble opinion.

Medicare is not sustainable as it is way underfunded.
You should allocate more funds for health care in the
future.

Disclosure: I am a Certified Volunteer Medicare Counselor from NJ
by mur44
Mon Apr 04, 2016 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare is primary
Replies: 10
Views: 839

Re: Medicare is primary

When Medicare is primary, it comes with gaps, which you need to pay. Overall Medicare Parts A, B and D cover about 67% of expenses on the average. Factors such as health and wealth help you determine if you need to buy supplemental insurance. For unbiased & free counseling, you should visit your...
by mur44
Sat Mar 26, 2016 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: What does Part A only cover
Replies: 6
Views: 679

Re: What does Part A only cover

(1) If Employer has more than 20 employees, Employer coverage is primary and Medicare is secondary. (2) Medicare Part A pays for in-patient hospitalization. Part A Deductible is $1288.00 for each benefit period. Out-patient hospital stay is covered under Part B. (3) Primary and Secondary payer matte...
by mur44
Thu Mar 24, 2016 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Best Bank for Checking Account, NYC area
Replies: 10
Views: 805

Re: Best Bank for Checking Account, NYC area

I live in Norther NJ and I keep my checking
account at TD Bank, the most convenient bank
(open 7 days a week).

I had my checking account with TD Bank for
a long time and their customer service is great.


Disclosure: I do NOT own any TD Bank stock.
by mur44
Thu Mar 24, 2016 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: MedicareRX - pricing biologics
Replies: 17
Views: 1085

Re: MedicareRX - pricing biologics

The best source for information on all Pharmaceutical company discounts: http://www.needymeds.org/index.htm Another source for PAP (Pharmaceutical Assistance Program) from Medicare itself: https://www.medicare.gov/pharmaceutical-assistance-program/ If qualified, states have assistance programs: http...
by mur44
Sun Mar 13, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: ISO Medigap Transparency Strategies
Replies: 4
Views: 389

Re: ISO Medigap Transparency Strategies

You are right to say that not much public information is available for Medicare beneficiaries to make educated decisions. Your state Department Of Banking and Insurance (known as DOBI in NJ) might be able to provide the statistics that you are looking. The best strategy is to enroll in to the cheape...
by mur44
Fri Mar 04, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Card
Replies: 39
Views: 2432

Re: Medicare Card

Senior Medicare Patrol (SMP) recommends that Medicare card is like a credit card and should be handled accordingly. Unless your health requires frequent health care services, you can keep it at home and take it with you only when you go to new service providers. Old service providers do not generall...
by mur44
Fri Mar 04, 2016 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D
Replies: 34
Views: 2272

Re: Medicare Part D

If you are not taking any medications now, you should enroll into the cheapest plan now. As you are aware, you evaluate the Part D plans every year during Open Enrollment Period (OEP) to decide on the best plan for you for the following year by using Medicare Part D Plan finder. You have the right t...
by mur44
Fri Feb 26, 2016 9:16 am
Forum: Personal Consumer Issues
Topic: Tips On Carpet Replacement?
Replies: 2
Views: 399

Tips On Carpet Replacement?

We are replacing whole house carpeting using Home Depot. When the installers come for the replacement, do we need to remove all the clothes (on hangers) from all the closets? or just stuff that is on the floor. Removing all clothes from all closets is lots of work. Can anyone with experience share h...
by mur44
Mon Feb 22, 2016 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

@ Kevin M,

DepositAccounts.com posted an article on decreasing
5-year CD rates:

https://www.depositaccounts.com/blog/20 ... avers.html

In view of the above, it appears that one should jump
on good 5-year CD's yielding about 2.5%.

Any comments?
by mur44
Sat Feb 13, 2016 7:07 am
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

For those of you interested in a good 3-year CD, please note that TFCU (Transportation Federal Credit Union) will end it's 2.5% CD on February 16, 2016. Opening a CD there is fairly simple. There is only one more business day left. You may call the credit union to find if it is still possible to obt...
by mur44
Wed Feb 10, 2016 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

@ Kevin M, @Protagonis, TFCU (Transportation Federal Credit Union) informed me that they opened the CD for me. Since last week, yields on 10-year and 5-year Treasuries dropped further. I have some funds coming up during this month. Should I wait for a better (CD special) rate to come along or just o...
by mur44
Sat Feb 06, 2016 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D IRMAA incorrectly assesed
Replies: 5
Views: 619

Re: Medicare Part D IRMAA incorrectly assesed

If you did not enroll in Medicare Part D, you
should not be charged IRMAA for it.

If you have employer coverage for drugs,
you need not take Part D.

Medicare enrollment is optional.


Disclosure: I am a Certified Volunteer Medicare Counselor from NJ
by mur44
Fri Feb 05, 2016 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

@Kevin M, For TFCU (From DepositAccounts.com): According to CSR, the Early Withdrawal Penalty (EWP) is based on a formula, with the time left until maturity the determining factor. CSR also stated that the EWP would not exceed 180 days interest. Therefore, I assumed that EWP would be 6 months for 3-...
by mur44
Fri Feb 05, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

@ Kevin M and Protagonist, Thank you both for prompt posts to the offer at TFCU. Membership in American Consumer Council would be easy way to open a CD at TFCU. I already belong to American Consumer Council. I live in NJ. I spoke to the CSR at TFCU and got application forms online and I already mail...
by mur44
Fri Feb 05, 2016 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

A good 3-year CD (2.5%) is now being offered at the following at Transportation FCU: https://www.depositaccounts.com/blog/2016/02/transportation-fcu-offers-limitedtime-toprate-3year-cd.html With the above newly available 3-year CD, I am wondering if it is better to go with the above 3-year CD or 5-y...
by mur44
Wed Feb 03, 2016 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Adjustment: Life Changing Event
Replies: 2
Views: 447

Re: Medicare Adjustment: Life Changing Event

You need two separate applications.
by mur44
Mon Feb 01, 2016 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap plan F hi-ded ?
Replies: 3
Views: 360

Re: Medigap plan F hi-ded ?

If your health is good, you can save money by switching down to Medigap 'F' High Deductible plan. Look for the cheapest insurance company premium as the benefit is identical. Also, look into Medigap Plan 'N'. It is also popular along with Plans 'C', 'F' and High Deductible 'F'. Your SHIP (State Heal...
by mur44
Fri Jan 29, 2016 7:26 pm
Forum: Personal Consumer Issues
Topic: Buying Carpet and Painting
Replies: 32
Views: 2558

Re: Buying Carpet and Painting

Thank you all for the replies.
by mur44
Thu Jan 28, 2016 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

@ Kevin and @Protagonist,

Thank you both for the responses.

I just called Alex and he told me that I am
qualified (My son lives there and I have EZ pass
from MA).

I am ready to open a 57 month CD there,
but I will wait till next week (February) to
initiate the CD.
by mur44
Tue Jan 26, 2016 7:02 pm
Forum: Personal Consumer Issues
Topic: Buying Carpet and Painting
Replies: 32
Views: 2558

Re: Buying Carpet and Painting

We are planning to replace carpet in our house.
We already looked at some samples at local Home Depot.

Is it cheaper to buy carpet replacement at Costco?

Any Carpet Buying and Replacement experiences from
Home Depot/Costco?
by mur44
Mon Jan 25, 2016 7:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 4513

Re: Happy Birthday Taylor!

Happy Birthday, Taylor.

Murty from NJ
by mur44
Mon Jan 25, 2016 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Medicare: Impact of delaying - What to do?
Replies: 14
Views: 980

Re: Medicare: Impact of delaying - What to do?

crefwatch, You are WRONG. Your employer health insurance is PRIMARY if you (or spouse) have CURRENT employment based health insurance, provided your employer has more than 20 employees. If your employer health insurance is adequate, then there is NO need to enroll in Medicare Part B: https://www.med...
by mur44
Sun Jan 24, 2016 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Medicare: Impact of delaying - What to do?
Replies: 14
Views: 980

Re: Medicare: Impact of delaying - What to do?

If your employer has more than 20 employees, the Medicare law does NOT require your wife to enroll in Medicare Part B. Note that Part A is free (if you have 10 years of 'work') and your wife can enroll at age 65 in Part A only. Enrollment in Part B is optional for her at age 65. Same rules apply for...
by mur44
Sat Jan 23, 2016 12:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hope everyone is well [Preparing for Eastern US blizzard]
Replies: 102
Views: 5928

Re: Hope everyone is well [Preparing for Eastern US blizzard]

Bergen County, NJ: We already got 7-8" and it is
expected to continue until mid-night.

I used my 20" Toro Electric snow thrower to shovel
about 6" this morning when we got a short break.

We still have power.
by mur44
Thu Jan 21, 2016 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 17413

Re: Large amount of CDs maturing....what to do?

Protagonist,

I telephoned Pioneer Valley FCU in Springfield, MA.
They said, I can NOT open a CD at their CU because
I am a resident of New Jersey. I told them my son lives
in Massachusetts.

Do you live in Massachusetts?
by mur44
Sun Jan 10, 2016 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Medicare signup
Replies: 42
Views: 3757

Re: Medicare signup

In New Jersey, SHIP counselors go through rigorous training and then pass an examination. We help people from all categories of the society. Personally, I helped doctors, engineers, financial executives, middle class and low income beneficiaries. Our Certified SHIP Volunteer counselors receive excel...
by mur44
Tue Jan 05, 2016 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Flagship customer service
Replies: 10
Views: 1396

Re: Flagship customer service

Our flagship rep is excellent. Also, our previous
reps were equally good.

Just our experience. YMMV
by mur44
Wed Dec 23, 2015 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Cancel Medigap plan to save money for a year+?
Replies: 40
Views: 2484

Re: Cancel Medigap plan to save money for a year+?

Connecticut and New York state residents have the right to buy a Medigap plan at any time. For free and unbiased counseling, you should call or visit your local SHIP (State Health Insurance Assistance Program) counselor: https://shipnpr.acl.gov/Default.aspx?AspxAutoDetectCookieSupport=1 Disclosure: ...
by mur44
Mon Dec 21, 2015 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale Question: VFSTX and VBIRX
Replies: 1
Views: 146

Wash Sale Question: VFSTX and VBIRX

I am considering selling VFSTX (VGD ST Trm Inv Gr) to
realize TLH and buying VBIRX (VGD ST Trm Bond Index).
These are two different indexes.

Is this considered a Wash Sale?

Any advice would be appreciated.
by mur44
Wed Dec 16, 2015 12:37 pm
Forum: Personal Consumer Issues
Topic: Need indoor "orthotic" shoes/slippers
Replies: 27
Views: 1353

Re: Need indoor "orthotic" shoes/slippers

With adequate 'exercise', you may be able to
avoid 'expensive' options.

I do yoga exercise for feet and it has helped
a lot.

I have not visited podiatrist in 10 years.

YMMV
by mur44
Tue Dec 15, 2015 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 327
Views: 39556

Re: Vanguard TurboTax - Not Available 2015?

Turbotax tries to mislead even after
they said they made a big mistake last
tax season by sending a 2015-CD last month.

I am switching to HRBlock this year.
Is Friday the best price for HRBlock
purchase at Amazon?
by mur44
Sun Dec 13, 2015 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Please confirm: Medicare coverage
Replies: 39
Views: 2682

Re: Please confirm: Medicare coverage

You have what is known as Original Medicare. Congratulations on your good health. Take a look at your parents' health as well. You should look at two major factors (Health and Wealth) to determine if you need to think about buying Medigap, which is very expensive (depends on where you live). If you ...
by mur44
Tue Dec 08, 2015 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Nursing home billing for skilled nursing
Replies: 4
Views: 520

Re: Nursing home billing for skilled nursing

Skilled nursing is covered FREE for 20 days by Medicare. Days 21-100 at Skilled Nursing Home are covered by Medicare with a co-payment. Tricare is supplemental insurance. Tricare most probably covers the co-pays. Tricare SPD contains details. Medical services are usually billed within 30 days of ser...
by mur44
Mon Dec 07, 2015 1:26 pm
Forum: Investing - Theory, News & General
Topic: 1099-B and Vanguard's Cost Basis Amount
Replies: 29
Views: 3360

Re: 1099-B and Vanguard's Cost Basis Amount

I sold VTSMX uncovered shares. VGD has average cost basis information for the same. My questions: (1) Is it necessary for me to calculate the cost basis myself or use VGD supplied average cost information? (2) Since I bought these shares at different times, do I need to list them separately or lump ...
by mur44
Thu Dec 03, 2015 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: long term capital gain tax vs. roth conversions
Replies: 50
Views: 4974

Re: long term capital gain tax vs. roth conversions

JW Thanks for your prompt reply The first column: Paying NJ estimated taxes (approximately $12,000) in 2015 for the year 2015 for LTCGs. The second column: Delaying the NJ estimated taxes into 2016 (Pay est. taxes by January 15, 2016) for the year 2015 LTCGs. Please note, I will NOT have AMT situati...
by mur44
Tue Dec 01, 2015 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: long term capital gain tax vs. roth conversions
Replies: 50
Views: 4974

Re: long term capital gain tax vs. roth conversions

Thanks JW and grabinar for your posts. As suggested, I tried to estimate 2015 income taxes using Turbotax-2014 using two (2) scenarios (Paying NJ taxes in 2015 and Jan 2016). Below are results: -------------NJ Taxes 2015------NJ Taxes2016 Item Ded------$24,000---------- $15,000 AMT Tax-------$ 6,100...
by mur44
Sun Nov 29, 2015 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: long term capital gain tax vs. roth conversions
Replies: 50
Views: 4974

Re: long term capital gain tax vs. roth conversions

For the tax year 2015, I will be subject to AMT due to LTCG (I sold mutual fund shares in November 2015). (1) I tried to calculate amount of estimated taxes due to IRS and State of NJ using Taxcaster. It's results seem to be incorrect. Is there any other source for the same? (2) If I make estimated ...
by mur44
Sun Nov 22, 2015 7:49 pm
Forum: Investing - Theory, News & General
Topic: Shiller - S&P 500 may reach 1430 by 2020
Replies: 80
Views: 26062

Re: Shiller - S&P 500 may reach 1430 by 2020

This thread has been dormant for a few years.

Any thoughts on why this forecast was so wrong?
or we need to wait 5 more years to find out if
Prof. Schiller's forecast is any good.
by mur44
Sat Nov 21, 2015 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part A
Replies: 5
Views: 576

Re: Medicare Part A

When you reach 65, you are eligible for Medicare benefits. Please note that Social Security retirement age is NOT the same. Medicare Part A is free and you should enroll in Medicare Part A during your Initial Enrollment Period. You can delay enrolling in Medicare Part B if you (or your spouse) have ...
by mur44
Sat Nov 21, 2015 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Question
Replies: 2
Views: 401

Re: Medicare Question

(1) There is NO need for your wife to enroll in Medicare Part B and D now as long as she is covered under your CURRENT employment. She can cancel Medicare Part B by visiting your local Social Security office or mailing completed form, CMS 1763 http://www.pdffiller.com/1323594-CMS1763-CMS-1763-Other-...
by mur44
Thu Nov 12, 2015 7:56 pm
Forum: Personal Consumer Issues
Topic: Warm and Quality Blanket Recommendations
Replies: 18
Views: 2140

Re: Warm and Quality Blanket Recommendations

Thanks all of you for the great ideas.

jabberwock, thanks for giving your opinion regarding Peacock Alley
blankets.

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