Search found 268 matches

by notmyhand
Mon Apr 30, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Help defining needs for Will / Estate plan
Replies: 17
Views: 1068

Re: Help defining needs for Will / Estate plan

Side question pertaining to this - aren't trusts taxed at a high rate? So wouldn't leaving all your money to a trust that can only give away some of it each year be inefficient? Especially if the majority of that was after tax investments like life insurance proceeds?
by notmyhand
Sat Apr 28, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: When would you replace a car?
Replies: 34
Views: 2954

Re: When would you replace a car?

FWIW I had an 04 civic and it handled snow quite well. Front wheel drive does a great job in snow. I would think on gravel pretty good as it should help with traction to a degree The problem is the hills, it can't get up a gravel hill in the snow (it doesn't get plowed). We've tried. It ended up st...
by notmyhand
Sat Apr 28, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31146

Re: Those with high savings rate: why?

A coworker of mine had cancer last year (late 30s). As most of our income is commission based, his income dropped so low, his stay at home wife had to go get a full time job and he had to try to work through his ten day at a time hospital stays. When we went to visit him, he was a mess as he really ...
by notmyhand
Sat Apr 28, 2018 8:23 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 301
Views: 29249

Re: Paid Off Mortgage Today

Congratulations! How exciting!
by notmyhand
Sat Apr 28, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: When would you replace a car?
Replies: 34
Views: 2954

When would you replace a car?

DH and I work at the same place so we often carpool. We drive a 2015 Subaru Forester most of the time. Our backup car is my ten year old Honda Civic with 200,000 miles on it which doesn't heat/cool and has a permanent problem with the tire sensor. We use that car about twice a week when we have diff...
by notmyhand
Mon Apr 23, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: estate planning with animals
Replies: 28
Views: 2268

Re: estate planning with animals

This way rather than burdening a relative with this stipulation, you can find a stranger that share your love for animals? The OP hasn't answered yet whether these farm animals are livestock which are sold for slaughter or rescues which get to spend the rest of their lives safe. They are semi-lives...
by notmyhand
Sat Apr 21, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: estate planning with animals
Replies: 28
Views: 2268

estate planning with animals

This may be a bizarre question to many of you but I'm hoping someone can relate and has thought about it. DH and I live on a hobby farm and have about ~100 animals between the farm animals like chickens, four large dogs, and about twenty cats. We want to leave the majority of our relatively minor es...
by notmyhand
Thu Apr 12, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: DINK High Income Earners - how to lessen the tax impact?
Replies: 25
Views: 2441

Re: DINK High Income Earners - how to lessen the tax impact?

I may be incorrect but just wanted to note that I believe s-corp owners have to take distribution per their ownership percentage so the silent partner can't just take appreciation .
by notmyhand
Sat Apr 07, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

Just a quick update. Not sure why it happened but I did get a more professional hair cut and wore suits since I posted this. Got my promotion effective the 1st. No one mentioned appearance as being a determining factor and I suspect it was a combination of feeling more confident that helped but figu...
by notmyhand
Mon Mar 12, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Deduct cost of health insurance (s-Corp) for officer if wife gets group insurance through employer?
Replies: 5
Views: 289

Re: Deduct cost of health insurance (s-Corp) for officer if wife gets group insurance through employer?

I misunderstood. So yes the s Corp can deduct it as a part of your wages (included in box 1 of your w2) but you cannot deduct it on your personal so you will still be responsible for taxes on it. "A 2-percent shareholder-employee is eligible for an above-the-line deduction in arriving at Adjusted Gr...
by notmyhand
Mon Mar 12, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Deduct cost of health insurance (s-Corp) for officer if wife gets group insurance through employer?
Replies: 5
Views: 289

Re: Deduct cost of health insurance (s-Corp) for officer if wife gets group insurance through employer?

No you can't because likely it is already pretax (does it come out before your wife gets her paycheck?)
by notmyhand
Mon Mar 05, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Benefit of after tax 401k contribution?
Replies: 14
Views: 1234

Benefit of after tax 401k contribution?

My 401k plan allows for after tax 401k contributions but does not allow for in-service rollovers (aka mega backdoor roth). What would be the benefit of contributing to an after tax 401k? I don't get a benefit now and earnings still get taxed correct? Any reason to do this and not a taxable account? ...
by notmyhand
Sun Feb 25, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: keeping track of basis for a small investment
Replies: 10
Views: 364

Re: keeping track of basis for a small investment

The real problem here is the "addict spouse" rather than how to keep track of the basis for an investment or even where and how to set up such an investment under the circumstances. That presumably adult children don't want to get involved is a red flag that you should be wary of getting involved, ...
by notmyhand
Sun Feb 25, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: keeping track of basis for a small investment
Replies: 10
Views: 364

Re: keeping track of basis for a small investment

I already own a brokerage account with Vanguard that owns VTI. Can I open another account to keep it separate? I didn't see that option. I will be paying taxes and reimbursing myself and that has been discussed with the kids. I've asked the kids to do it instead but none of them want to. How to hel...
by notmyhand
Sun Feb 25, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: keeping track of basis for a small investment
Replies: 10
Views: 364

Re: keeping track of basis for a small investment

Any broker will track the cost basis. That really isn't the biggest problem in this scenario. You're getting involved in something akin to financial infidelity, which may be for all the right reasons, but is a tangled web. There are statements, and addresses of record, and taxes to be paid on inter...
by notmyhand
Sun Feb 25, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: keeping track of basis for a small investment
Replies: 10
Views: 364

Re: keeping track of basis for a small investment

A relative of mine has squirreled away 40k that she wants to invest. She has no technology knowledge and doesn't speak much English plus she does not want her spouse to know about this money so she has asked me to invest it in my accounts. I have spoken with her kids who are okay with me doing so e...
by notmyhand
Sun Feb 25, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: keeping track of basis for a small investment
Replies: 10
Views: 364

keeping track of basis for a small investment

A relative of mine has squirreled away 40k that she wants to invest. She has no technology knowledge and doesn't speak much English plus she does not want her spouse to know about this money so she has asked me to invest it in my accounts. I have spoken with her kids who are okay with me doing so ev...
by notmyhand
Sun Feb 18, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Home owners insurance and household employees
Replies: 3
Views: 388

Home owners insurance and household employees

Recently had knee surgery and am thinking of paying a friend's teenager to come over and do a few odd jobs such as walking the dogs and cleaning up the yard for the next few months. Do I need to do anything with my homeowner's insurance? I'm afraid of an event like my helper injuring himself on my p...
by notmyhand
Sun Feb 18, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

They are not - I made the mistake of telling my company when they occurred and taking the increased comp that they offered instead. The main reason I am still here is because the income two levels above me here is unmatched compared to competitors and it seems silly to move companies when my income...
by notmyhand
Sun Feb 18, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

OP - Good on you for trying everything you can to maximize your job performance and compensation! It sounds like your company has pigeonholed you and you won't be promoted. Time to look elsewhere. A new job search calls for an upgrade of your professional appearance. Lots of great tips have been li...
by notmyhand
Sat Feb 17, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

OP, In addition to evaluating your wardrobe and makeup, please consider other aspects of your appearance. Do you speak with authority? Are your posture and movement professional? Video record yourself to see if any aspects of your body language could be improved. Good luck, Victoria That is a great...
by notmyhand
Sat Feb 17, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

Notmyhand, You mentioned that you've been offered other jobs in your industry at a higher level of responsibility. Are any of those offers open? If so, you might go back to your manager and explain that you have an offer that you're going to accept because you don't see room for advancement at your...
by notmyhand
Sat Feb 17, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

Never a bad idea to dress like the boss. If the whole company wears jeans and the leadership wears slacks guess what I am going to start wearing... Are there women in leadership roles at your company? No. The only woman in a supervisory role is HR and then me in management. I dress as well as the V...
by notmyhand
Sat Feb 17, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

I did not work for GM but live in the area. This is a photo of Mary Barra, CEO of GM. This is how most of the women executives I know dress. Obviously she works in a technical industry. If she worked for an advertising organization, I am sure she would might dress differently. https://en.wikipedia....
by notmyhand
Sat Feb 17, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

I'll start by writing that I'm male. Unfortunately it does end up as a factor for men and women. I'll go out on a limb and say, in general, active and healthy looking, energetic men and women over 50 have less change of "age discrimination" all other things equal than peers who are overweight or se...
by notmyhand
Sat Feb 17, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

I'll start by writing that I'm male. Unfortunately it does end up as a factor for men and women. I'll go out on a limb and say, in general, active and healthy looking, energetic men and women over 50 have less change of "age discrimination" all other things equal than peers who are overweight or se...
by notmyhand
Sat Feb 17, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

Honestly, notmyhand, before I went and revamped myself I would have a heart-to-heart with my manager. "Usually people in my position are promoted after six months. Can we talk about what metrics for promotion I've fallen short on and what targets I'd have to meet for promotion?" I think at this poi...
by notmyhand
Sat Feb 17, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

I'm in academics partly to avoid that kind of thing. First, keep in mind that if they're finding a pretext not to promote you, lipstick isn't necessarily going to change that, so don't kill yourself trying. However, it may be good to have some different sartorial tools at your command just because ...
by notmyhand
Sat Feb 17, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

What do you say in these meetings when it is said that the company needs more women? Do you say, "I'll be happy to hire another woman or man. Give me a budget line because I have plenty of projects for new people." Or do you say, "This is not a friendly place for women because they are not promoted...
by notmyhand
Sat Feb 17, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

Impossible to have an informed opinion. It depends almost entirely on your industry and your individual work situation. In some fields and jobs no one would notice or care. In others appearance might be hugely important. You might do better to ask some people you trust and respect who are close eno...
by notmyhand
Sat Feb 17, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Re: Effect of spending money on appearance in career

Wow, such a touchy subject. I would think that in sales appearance would be important. Whether or not you want to go that route is up to you. Seems like you missed a promotion they say is based on other than appearance, but that now they are thinking of bringing in someone else. You perceive that t...
by notmyhand
Sat Feb 17, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8253

Effect of spending money on appearance in career

I just came away from a meeting in which I asked for a promotion and was told likely another six months. No there was nothing I could do extra - my clients love me, my manager loves me, I'm bringing in work, I am out performing. This is driving me crazy as every other person in my position was promo...
by notmyhand
Fri Feb 16, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Any recruiters/career coaches in the energy space?
Replies: 0
Views: 182

Any recruiters/career coaches in the energy space?

Looking to switch companies after 7 years at one but not located in the south. Has anyone used any career coaches or recruiters that are comfortable in the energy industry, not engineering related? Looking to pay someone to help me tailor my resume and find the right spot and company. Thanks!
by notmyhand
Sun Feb 11, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes Withheld Different For Each Paycheck?
Replies: 10
Views: 920

Re: Taxes Withheld Different For Each Paycheck?

Unemployment generally changes. For example, federal unemployment is 42 and after 42, that no longer gets taken out. Unemployment for some states is usually a percentage of the first several thousand and then it goes down, so there is not as much being withheld for that after the first month or two.
by notmyhand
Wed Jan 31, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Help! Insurance company wants new roof after closing!
Replies: 20
Views: 3360

Re: Help! Insurance company wants new roof after closing!

Mine did that, gave me a policy and then came out and said I need a new roof. I ended up having to pay for a new roof but they did grant me a three month extension from their original date.
by notmyhand
Fri Jan 26, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Help Joint vs Separate
Replies: 18
Views: 789

Re: Tax Help Joint vs Separate

Married filing separately won't change your tax brackets. Rarely is there an advantage to filing as married filing separately. You also can't file as single. A marriage penalty does exist in 2017 (married bracket is not twice as large as a single bracket) that is largely done away with in the new ta...
by notmyhand
Wed Jan 03, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with parent under Medicare age?
Replies: 18
Views: 933

Re: What to do with parent under Medicare age?

You can purchase health insurance off the exchange. Call a health insurance broker or a health insurance company in your area and ask for plans.
by notmyhand
Mon Jan 01, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Did you get an Unexpected Year End Bonus because of the Tax Cut?
Replies: 44
Views: 3588

Re: Did you get an Unexpected Year End Bonus because of the Tax Cut?

My Christmas bonus was more than double the usual amount.
by notmyhand
Sun Dec 31, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: How to take advantage of lowered property value?
Replies: 24
Views: 1666

How to take advantage of lowered property value?

I purchased my property from an estate two years ago. Unbeknownst to me, about five years ago, the neighbors signed an agreement with Verizon letting them put up a cell phone tower on their land. Well Verizon started building this 250' monstrosity a month ago next door to me. According to one neighb...
by notmyhand
Sat Dec 30, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: When do true-up employer 401k contributions occur?
Replies: 14
Views: 1026

Re: When do true-up employer 401k contributions occur?

Thanks everyone! Glad I didn't bother HR about it! :D
by notmyhand
Sat Dec 30, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Stopped Check 2018 Property Tax - Etiquette to County?
Replies: 38
Views: 3514

Re: Stopped Check 2018 Property Tax - Etiquette to County?

Are we really claiming that it's okay to prepay not assessed taxes and take the deduction because audits aren't likely? That's like saying I'm going to claim all my commuting mileage even though I know I legally can't claim it because an audit is unlikely. Unless you have a bill in hand you can't c...
by notmyhand
Sat Dec 30, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Stopped Check 2018 Property Tax - Etiquette to County?
Replies: 38
Views: 3514

Re: Stopped Check 2018 Property Tax - Etiquette to County?

Are we really claiming that it's okay to prepay not assessed taxes and take the deduction because audits aren't likely? That's like saying I'm going to claim all my commuting mileage even though I know I legally can't claim it because an audit is unlikely. Unless you have a bill in hand you can't c...
by notmyhand
Sat Dec 30, 2017 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: When do true-up employer 401k contributions occur?
Replies: 14
Views: 1026

When do true-up employer 401k contributions occur?

The company changed their policy and said they would do true-up employer 401k contributions at the end of the year. It's the 30th and I'm still not seeing mine. Is it common for these to occur after the new year or do they have to occur by 12/31? I don't want to be that employee if it's not somethin...
by notmyhand
Sat Dec 30, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Creative gifting of property
Replies: 28
Views: 2322

Re: Creative gifting of property

Instead of splitting it into thirds at their passing they could also will this one to you, the next piece of property to your brother, etc. Then no one is having to buy anyone out.
by notmyhand
Sat Dec 30, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up a Solo 401K
Replies: 2
Views: 245

Re: Setting up a Solo 401K

Correct, rentals on Schedule E do not count as earned income for solo 401k sakes
by notmyhand
Sat Dec 30, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Stopped Check 2018 Property Tax - Etiquette to County?
Replies: 38
Views: 3514

Re: Stopped Check 2018 Property Tax - Etiquette to County?

Are we really claiming that it's okay to prepay not assessed taxes and take the deduction because audits aren't likely? That's like saying I'm going to claim all my commuting mileage even though I know I legally can't claim it because an audit is unlikely. Unless you have a bill in hand you can't cl...
by notmyhand
Sun Dec 10, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 12049

Re: 2018 financial goals - what are yours?

Make a lot of money. Either pay off my student loans (100k at 2.6%) or put the money in my taxable brokerage account. If the stock market crashes, I will definitely start pouring money into buying shares and hold off on paying down debt. We will also max both 401ks, Both backdoor Roths, and the HSA...
by notmyhand
Sun Dec 10, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 12049

2018 financial goals - what are yours?

Is it too early for New Years resolutions? Well I totaled all of our 2017 and compared to our goals and so of course I had to make next year's goals. Any I should change? And anyone make 2018 financial goals yet? 2 income household, 0 children, late 20s 2017 goals - 3 months emergency fund - done ma...
by notmyhand
Sat Dec 02, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: travel golf club case?
Replies: 8
Views: 650

Re: travel golf club case?

Thank you everyone, I went ahead and purchased the Club Glove. And yes, his set of golf clubs belonged to his father. He hasn't mentioned wanting to change anything out but maybe I'll keep those in mind for gifts for future occasions.

Thank you!
by notmyhand
Fri Dec 01, 2017 10:10 pm
Forum: Personal Consumer Issues
Topic: travel golf club case?
Replies: 8
Views: 650

travel golf club case?

DH is in need of a case for his golf clubs when he has to travel and see clients. I would like to get him something as one of his Christmas gifts as he has been borrowing a friends soft case for the last few trips. He is an average golfer and most of his clubs are several decades old so I don't need...