Search found 2143 matches

by neurosphere
Fri Jan 20, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Excess HSA contribution: W2 HSA contribution higher than limit, does not equal final paystub
Replies: 5
Views: 228

Re: Excess HSA contribution: W2 HSA contribution higher than limit, does not equal final paystub

My spouse's paycheck always has weird issues. I sat with all the accountants in HR at the company Christmas party, so now I know why. All of this post is OT, but... Yes, I'm familiar with how HR can be. I have to be careful because my name is public, so let me alter the details a bit. But a family ...
by neurosphere
Fri Jan 20, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Excess HSA contribution: W2 HSA contribution higher than limit, does not equal final paystub
Replies: 5
Views: 228

Re: Excess HSA contribution: W2 HSA contribution higher than limit, does not equal final paystub

Wells Fargo shows exactly $1000 in contributions which hit the account in 2016 (essentially 26 equal payments). The ADP website also lists $1000 in the YTD field for the employer contribution and $5750 for the employee, which matches the final paystub received. The extra amount of $38.47 is exactly ...
by neurosphere
Fri Jan 20, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Excess HSA contribution: W2 HSA contribution higher than limit, does not equal final paystub
Replies: 5
Views: 228

Excess HSA contribution: W2 HSA contribution higher than limit, does not equal final paystub

My wife received her W2 today, which lists $6788 with a code W in box 12c, representing employee and employer contributions to the HSA account. On her final paystub, it lists an employee contributions of $5750 (correct) and an employer contribution of $1000 (correct) for a total of $6750, which the ...
by neurosphere
Fri Jan 20, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Very confused with W4 Allowances
Replies: 33
Views: 2368

Re: Very confused with W4 Allowances

I've given up on estimating my taxes and getting withholdings "right"... I just fudge them higher or lower depending on the size of the refund or under payment I do something similar. Every year when I do my taxes, I take the total tax for the year, subtract any tax withholdings I've done...
by neurosphere
Fri Jan 20, 2017 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Please help physician catch up.. late to the game
Replies: 8
Views: 1442

Re: Please help physician catch up.. late to the game

I think having the ability to contribute to a Roth IRA via the backdoor method is powerful, and you should see if it's possible to arrange/move your existing accounts so that you can take advantage of this, as others have already mentioned. You should research the backdoor Roth, but essentially it &...
by neurosphere
Thu Jan 19, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Medical Billing Disagreement - Stark Law
Replies: 65
Views: 3543

Re: Medical Billing Disagreement - Stark Law

It's not illegal to correct an incorrect code. So rather than ask to have the code for the service deleted, one strategy you can take is to ensure the billed code is correct. We correct incorrect billing codes all the time. Sometimes months after the fact. I always check all of my procedure codes, b...
by neurosphere
Wed Jan 18, 2017 2:18 pm
Forum: Personal Consumer Issues
Topic: Stymied by my High Deductible policy, HAS, and the American medical system.
Replies: 40
Views: 2560

Re: Stymied by my High Deductible policy, HAS, and the American medical system.

On the minus side, when I paid on the spot for a lab test, they told me they could not send the results to me, only to my doctor. Wait, it's my blood, my money, no insurance involved, and you can't send me a copy of the results? What a system. I used to be able to get a copy of the results through ...
by neurosphere
Wed Jan 18, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: Stymied by my High Deductible policy, HAS, and the American medical system.
Replies: 40
Views: 2560

Re: Stymied by my High Deductible policy, HAS, and the American medical system.

I spent 45 minutes today in an unsuccessful attempt to get an insurance company to cover something a patient clearly needs (their physician reviewer finally agreed but said the insurance contract rules it out). Just a side note, since 2010 insurance contracts cannot "rule out" "medic...
by neurosphere
Wed Jan 18, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Vanguard Long-Term Tax Exempt to Intermediate Tax-Exempt?
Replies: 14
Views: 615

Re: TLH Vanguard Long-Term Tax Exempt to Intermediate Tax-Exempt?

BrandonBogle wrote:Ugh. Apparently WellsTrade only permits FIFO for mutual funds trades submitted online (they allow SpecID for stocks and ETFs). Guess I'll actually have to talk to somebody now.


That's annoying. :annoyed
by neurosphere
Wed Jan 18, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: TLH Vanguard Long-Term Tax Exempt to Intermediate Tax-Exempt?
Replies: 14
Views: 615

Re: TLH Vanguard Long-Term Tax Exempt to Intermediate Tax-Exempt?

[EDIT: BrandonBogle beat me to it, see above...] Thanks. I found a couple threads discussing the 6-mo rule... I'm including this information from the wiki, just to ensure that anyone who sees a mention of the "6-month rule" understands the implications (emphasis is mine): Loss on mutual fu...
by neurosphere
Wed Jan 18, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: TLH Vanguard Long-Term Tax Exempt to Intermediate Tax-Exempt?
Replies: 14
Views: 615

Re: TLH Vanguard Long-Term Tax Exempt to Intermediate Tax-Exempt?

Sure do it just for the practice. Lots of people made this trade in December, so plenty of threads on the subject. Thanks. I found a couple threads discussing the 6-mo rule, but missed the posts about whether it would be worthwhile to switch between these two funds. I need to hone my search-ninja s...
by neurosphere
Wed Jan 18, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 115
Views: 10062

Re: Why nobody understands importance of high-deductible insurance?

They have high list prices because some insurance companies won't negotiate them down very much, so there's no downside to them having high prices from which to start negotiations. I also suspect (but cannot confirm) that "charity care" for those without insurance is advertised based on t...
by neurosphere
Wed Jan 18, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 115
Views: 10062

Re: Why nobody understands importance of high-deductible insurance?

Negotiated rates the insurance company gets are far worse than you could get on your own without insurance. I do not understand this statement at all! For example, with various insurance coverage (many types) over the years, whenever I would see the EOB (Explanation of Benefits), the insurance comp...
by neurosphere
Tue Jan 17, 2017 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Very confused with W4 Allowances
Replies: 33
Views: 2368

Re: Very confused with W4 Allowances

Forgot to add this part from the instructions at the top of the W4: Two earners or multiple jobs. If you have a working spouse or more than one job, figure the total number of allowances you are entitled to claim on all jobs using worksheets from only one Form W-4. Your withholding usually will be m...
by neurosphere
Tue Jan 17, 2017 4:00 am
Forum: Personal Finance (Not Investing)
Topic: Very confused with W4 Allowances
Replies: 33
Views: 2368

Re: Very confused with W4 Allowances

Both my wife and I work and make similar amount so we file as married but withhold at a higher single rate. We have owed a ton at tax time in the past because we did not file this way. We have 1 child currently. By far, the most common mistake I see on W4 forms is married couples who do not read th...
by neurosphere
Mon Jan 16, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 115
Views: 10062

Re: Why nobody understands importance of high-deductible insurance?

A lot people go without healthcare (don't see doctors, don't fill prescriptions, etc.) due to deductibles and other cost sharing, sometimes even a small amount of cost sharing. Unfortunately, this can be bad for their health. So, it really depends on the individual's circumstances. When it comes to...
by neurosphere
Fri Jan 13, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: social security calculation
Replies: 37
Views: 2470

Re: social security calculation

For this calculation does one use the index factors for the year they reach FRA? Which calculation in particular are you referring to? Social security benefits are not affected by changes in the Average Wage Index which occur after age 60. The index factor at age 60 is set at 1.0, and future earnin...
by neurosphere
Thu Jan 12, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: social security calculation
Replies: 37
Views: 2470

Re: social security calculation

Basically wages (measured by the national average wage index) have increased more than inflation (the price of goods and services measured by the consumer price index) over the last several years, and I think that has generally been true historically as well, although certainly there have been time...
by neurosphere
Thu Jan 12, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: social security calculation
Replies: 37
Views: 2470

Re: social security calculation

After that I think (not certain) that your average earnings are not inflation adjusted but your benefit is inflation adjusted. Not exactly sure about the interplay between those two. Here you used the same word "inflation" to refer to wage inflation and adjustment of earnings in the first...
by neurosphere
Thu Jan 12, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: [Redemptions missing from Treasury Direct Account]
Replies: 20
Views: 967

Re: Fraud in Treasury Direct Account

Pajamas wrote: That sounds like a phishing attempt.


could be yes, but the email looked legit. Although, many of them do look legit. :D
by neurosphere
Thu Jan 12, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9131

Re: How much do you typically spend in a restaurant?

... We live in central NJ, which is a HCOL area, but it's definitely not at NY city prices, and we do pick mid-range restaurants - Italian/ Japanese/ American/ Thai/ fusion, etc. ... While the quality of the restaurants in NJ may not be the same as in Manhattan, the prices are comparable. The excep...
by neurosphere
Thu Jan 12, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: [Redemptions missing from Treasury Direct Account]
Replies: 20
Views: 967

Re: Fraud in Treasury Direct Account

years ago I got an email about a "one time passcode" on my TD account. And then nearly at the same time, so did my wife. These emails only go out if one attempts to log into the account. Neither of us had. I called TD, and neither account showed an attempted log in. In order to get the pas...
by neurosphere
Thu Jan 12, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 659

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

You might consider a slice for cash.. retired people can easily keep a meaningful slice of cash, money market & cash like CD's. Oh yes, right, you had mentioned cash and I forgot to acknowledge it. I found/modified a script that would define colors based on titles after the chart was created, s...
by neurosphere
Wed Jan 11, 2017 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on salary negotiation
Replies: 9
Views: 1268

Re: Advice on salary negotiation

livesoft wrote:You are being fair, so shop yourself around and either move or stay for whoever has the best offer.


Agreed. What's that expression? If you have no other offer, asking for a raise is like begging. If you have other offers, then it becomes a negotiation.
by neurosphere
Wed Jan 11, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 659

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

I like it but thing you need an addition or two for the non stock non bond items such as REITs and Commodities. see my original post. :wink: I didn't really stress for now whether REITS is its own asset class or a subset of small or value, and there is no gold or commodities, etc. Yes, REITS and go...
by neurosphere
Wed Jan 11, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 659

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

I use pies in excel to cover many things from income to expenses, AA, alpha against benchmark and so forth. Interesting work you have there but might it be a bit too complex for a client to comprehend? Ha! Definitely NOT meant for clients! :shock: This is meant for extreme slicers and dicers on Bog...
by neurosphere
Wed Jan 11, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 659

Playing with Excel Pie Charts: Asset Allocation Visualizer

Hi all, I stumbled across this post at some point (https://www.bogleheads.org/forum/viewtopic.php?t=106505) which got to me to thinking and tinkering... I use a simple pie charge in excel to illustrate possible asset allocations to clients, with a very simple interface where one can set the desired ...
by neurosphere
Tue Jan 10, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: File taxes with $0 income with a dependent?
Replies: 29
Views: 1983

Re: File taxes with $0 income with a dependent?

Without any earned income, she's not eligible for any refundable credits like Earned income Tax Credit so I don't see any reason to file. The only other reason to file would be to decrease the likelihood of tax fraud (ie someone filing a fraudulent return using her SSN). I'm beginning to think that...
by neurosphere
Mon Jan 09, 2017 9:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 100
Views: 13161

Re: Sad News About a Respected Forum Member

To everyone who doesn't know Old Meph by his reputation, keep reading his old posts and you'll learn a great deal about insurance (in the same way you might read Alan S on IRAs or sscritic on social security). A forum like this makes Old Meph immortal, and forever preserves his contribution to soci...
by neurosphere
Mon Jan 09, 2017 6:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 100
Views: 13161

Re: Sad News About a Respected Forum Member

I will miss you.

I will strive to live up to the example you have set.

Sotirios
by neurosphere
Mon Jan 09, 2017 8:00 am
Forum: Personal Consumer Issues
Topic: Best Ways to Buy Time
Replies: 68
Views: 7103

Re: Best Ways to Buy Time

user5027 wrote:Grow a beard.


That's a good time saver (and probably saves money too). But the OPs wife might have an opinion on that as well.

Personally, a beard on me looks quite horrible. If there were such a thing as permanent (safe) facial hair removal, I would consider it. I hate shaving. :)
by neurosphere
Sat Jan 07, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on sign-on bonus check
Replies: 31
Views: 2750

Re: Taxes on sign-on bonus check

We use SAP to process payroll, so it's not some obscure payroll package. In 15 years at this company, we've never had anybody make a issue of this. If somebody did, we'd tell 'em to take a hike. You are confusing tax law with company policy. I have no special insight into the practical details of a...
by neurosphere
Fri Jan 06, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth through Rollover IRA
Replies: 32
Views: 1000

Re: Backdoor Roth through Rollover IRA

Ok, I can kick off the undo, the reporting of these 4 transactions is required, correct? Even though it "undos", tax documents are triggered and so each need to be reported vs. the alternative which is like it never happened? I worry that this complexity will raise a red flag and if I'm b...
by neurosphere
Fri Jan 06, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth through Rollover IRA
Replies: 32
Views: 1000

Re: Backdoor Roth through Rollover IRA

Oh boy, I think I'm in a bit of a pickle now, I did a Backdoor Roth IRA conversion of the $5500 in 2016, when I had a Rollover IRA already. You can still recharacterize a 2016 Roth conversion, and effectively "undo" it. Or you can simply pay income taxes on (most of) the $5500 conversion ...
by neurosphere
Fri Jan 06, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth through Rollover IRA
Replies: 32
Views: 1000

Re: Backdoor Roth through Rollover IRA

Oh boy, I think I'm in a bit of a pickle now, I did a Backdoor Roth IRA conversion of the $5500 in 2016, when I had a Rollover IRA already. You can still recharacterize a 2016 Roth conversion, and effectively "undo" it. Or you can simply pay income taxes on (most of) the $5500 conversion ...
by neurosphere
Fri Jan 06, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth through Rollover IRA
Replies: 32
Views: 1000

Re: Backdoor Roth through Rollover IRA

Oh? I clearly didn't know that. That's because the Rollover IRA is essentially treated as a Traditional IRA in the sense? Yes. For the purposes of the backdoor Roth, the instructions on form 8606 (the form used to calculate the taxability of converted IRA balances if there are non-deductible amount...
by neurosphere
Thu Jan 05, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Married Medical Resident, Fellowship, PAE, Married Filing Separately Pros/Cons
Replies: 8
Views: 690

Re: Married Medical Resident, Fellowship, PAE, Married Filing Separately Pros/Cons

I assume that "PAE" is pay as you earn? Most people (and the government) use PAYE as the acronym for that. A few random thoughts about your situation: -- Do you or your wife have an employer plan which has the option to participate in a dependent care flexible spending account? This is a t...
by neurosphere
Thu Jan 05, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Married Medical Resident, Fellowship, PAE, Married Filing Separately Pros/Cons
Replies: 8
Views: 690

Re: Married Medical Resident, Fellowship, PAE, Married Filing Separately

My guess is that the steps would consist of opening a new investment "Vehicle" (the straight IRA) via Vanguard and transferring the balance from the established roth to the new IRA. Is is that simple? Will the IRS ignore the fact that the $5500 had been generating returns this past year? ...
by neurosphere
Thu Jan 05, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Married Medical Resident, Fellowship, PAE, Married Filing Separately Pros/Cons
Replies: 8
Views: 690

Re: Married Medical Resident, Fellowship, PAE, Married Filing Separately Pros/Cons

Hi, fellow peds specialist here. Can you clarify the date of your Roth contribution, and the tax year to which is applies? You last post mentioned 2015, but I suspect that's a typo. Assuming you have a Roth IRA contribution for the 2016 tax year, you can recharacterize only the 2016 contribution as ...
by neurosphere
Wed Jan 04, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: 'Accidental' Roth Contribution
Replies: 8
Views: 549

Re: 'Accidental' Roth Contribution

For 2016, we both contributed to our Roth IRAs via backdoor Roth contributions. I'm not sure if this is necessary yet, as we're very close to the MAGI MFJ Roth IRA limits. Is there any downside to contributing to the Roth in this way when it's _not_ necessary? No real downside apart from your time ...
by neurosphere
Tue Jan 03, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Could Vanguard's municipal bond funds be better?
Replies: 4
Views: 622

Re: Could Vanguard's municipal bond funds be better?

Baird's fund has an SEC yield of 1.56%. The Vanguard fund has a yield of 2.21%. The durations are very similar. You could just as easily ask the question "Could Baird's fund be better?" So these are two different styles of municipal bond funds. One is mostly "super" high quality ...
by neurosphere
Tue Jan 03, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: TaxACT: in-service after-tax 401k to Roth instructions
Replies: 4
Views: 801

Re: TaxACT: in-service after-tax 401k to Roth instructions

Just an update for anyone who finds this thread via a search, it seems there has been a change to TaxACT so the process of reporting an after-tax 401k rollover to a Roth IRA has changed. Or at least the instructions up-thread did not work for me. I think the Federal Q/A interface has changed, and I ...
by neurosphere
Tue Jan 03, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Tax 1099-R / 401K post tax in service question
Replies: 20
Views: 2090

Re: Tax 1099-R / 401K post tax in service question

[Edit: the original instructions still work, but not if you go via the "step by step" method to reach the topic in TaxACT. It's easy to think you are doing it correctly, but you won't get the "basis" prompt. So the instructions below are the way to do it via the "forms"...
by neurosphere
Tue Jan 03, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?
Replies: 15
Views: 666

Re: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?

I am not providing any accounting or tax advice. I would suggest that in your situation, the tax questions with 2 businesses and apportioning expenses are messy enough to warrant having an actual CPA advise you and prepare your tax return. They should also run interference with the IRS if they do c...
by neurosphere
Tue Jan 03, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?
Replies: 15
Views: 666

Re: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?

I don't claim any tax expertise, just applying logic. The medical consultant work should.easily justify these professional expenses, no need to worry about proportions. But in your example there are.more expenses than there is income from that work. Yes, although the expenses would indeed be justif...
by neurosphere
Mon Jan 02, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 116
Views: 10045

Re: Max It Out Tomorrow

I am not a fan of dumping in on the first day. First, there are no distributions scheduled for another month, so there is no rush. What is the past probabilty that the lowest point of the year occurred in the first 4 trading days of the year? And I wonder if DCA did better in 2016 than LS on the fi...
by neurosphere
Mon Jan 02, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: An IRS correspondence mess
Replies: 45
Views: 3741

Re: An IRS correspondence mess

Sounds like your friend owes you a nice dinner! NOW......What to do about the tax lady? I hate to call her a professional even though she charged your friend and kind of LIED on the return by not signing in the proper place and then representing herself as a "friend". Should she be report...
by neurosphere
Mon Jan 02, 2017 4:07 pm
Forum: Investing - Theory, News & General
Topic: Do you include your Muni Bonds in your overall AA?
Replies: 18
Views: 1823

Re: Do you include your Muni Bonds in your overall AA?

It's not a duration issue. Hi grabiner, happy new year! Your explanation is great, well articulated and explained. Just for the record, *I* know it's not a (mostly) duration issue, but there are indeed duration differences among the listed funds. So the "first job" for the OP was to resea...
by neurosphere
Mon Jan 02, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?
Replies: 15
Views: 666

Re: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?

I would think you could pro-rate the expenses, based on the number of hours spent on each "job". In this case, it would help if you had good records of how many hours were spent on each job. Alternatively, you could pro-rate the expenses based on the net earnings of each job. There must b...
by neurosphere
Mon Jan 02, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?
Replies: 15
Views: 666

Re: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?

Do you itemize deductions?Or would you itemize if these expenses were deductible? Look up Tax Benefits of Work Related expenses in IRS Publication 17. It's more complicated than I can easily figure out in your situation, but there might be an allowable deduction for those expenses not reimbursed by...

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