Search found 64 matches

by robebibb
Mon Sep 18, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: Car Swap Buy/Sell Timing Strategy
Replies: 20
Views: 914

Re: Car Swap Buy/Sell Timing Strategy

You are fortunate your wife's employer offers any maternity benefits whatsoever. I agree it will be a huge hassle to get a baby into and out of a 2 door car. Would you be able to switch cars with your wife (assuming you drive a 4 door vehicle)? It is a myth that you must buy a new car to accommodate...
by robebibb
Mon Sep 18, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: LastPass Issue
Replies: 10
Views: 1081

Re: LastPass Issue

Does anyone else in your family also use your account? You are only able to login on one device at a time so if someone else logs into your account it will automatically boot the other individual out. Happens occasionally to me and my SO. I don't remember if this is a setting you can change but I li...
by robebibb
Fri Aug 18, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Powerball - $510 million?
Replies: 64
Views: 4718

Re: Powerball - $510 million?

I play when the jackpots get huge, once or twice a year. Won $50 on last weeks Mega Millions by matching 4 numbers so I'm ahead in lifetime earnings. I select numbers all above 31 to increase odds of not sharing the prize. Many people select dates so the numbers under 31 are more likely to have dupl...
by robebibb
Thu Jul 20, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3243

Re: Indoor activities for a 3-year-old

We play soccer inside due to heat/humidity and my 4 y/o loves it. Our house is pretty spartan and contains few breakables so it works for us. If you could get outside for a little while before the heat sets in that would be ideal. I'm curious where you live that has 100 degree heat with high humidit...
by robebibb
Wed Jul 12, 2017 9:16 am
Forum: Personal Consumer Issues
Topic: Road vehicle, 4 adults, one car seat, must it be a minivan?
Replies: 43
Views: 2675

Re: Road vehicle, 4 adults, one car seat, must it be a minivan?

Keep in mind the comfort of the last row of seats for full grown adults. You are likely going to want an adult sitting with the child to keep him/her happy and engaged so you will end up with an adult in the third row (unless you opt to seat 3 in the middle row in which case you should just keep you...
by robebibb
Wed Jul 12, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: How to Tax Gain Harvest My Taxable Account
Replies: 21
Views: 1716

Re: How to Tax Gain Harvest My Taxable Account

You are in almost the exact situation as myself. One thing to be weary of is any tax credit phase out. We accidentally broached the child tax credit phase out by tax gain harvesting 2 years ago. We are also careful to alternate gain and loss harvesting so none of our losses offset a tax free gain.
by robebibb
Mon Jun 05, 2017 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residences for ACA Coverage
Replies: 15
Views: 1600

Re: Changing State Residences for ACA Coverage

I would be interested in responses as well. I could see someone changing residences in the case where an on-exchange PPO plan is available in a specific state. Most states only have HMO plans left on the exchanges which can be restrictive if you are traveling in early retirement or spend a substanti...
by robebibb
Tue May 23, 2017 9:36 am
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 54
Views: 7916

Re: Is it worth it spending money to keep your house looking sharp?

This is very location and house specific. We have one of the smallest houses in a very desirable neighborhood so any sprucing up we do will not help resell at all. Whoever buys our house when we sell in 15+ years (after kids are gone) will rip the top and back off and triple the living space. That s...
by robebibb
Mon May 22, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Company "Case Manager"
Replies: 15
Views: 1726

Re: Health Insurance Company "Case Manager"

Unfortunately my son has serious medical issues which have resulted in a few hospital stays. We’ve had a few calls from these case managers associated with insurance and we politely decline their help. We are vigilant in our care for him and are well informed on what will and will not help his condi...
by robebibb
Fri May 19, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Cars policy/timing for teens/young adults
Replies: 22
Views: 1614

Re: Cars policy/timing for teens/young adults

Yep, call me a luddite but when my kids hit 16 I'm going to buy a beater with a manual gearbox and teach them on that. I know down the road odds are they will go away completely but learning on a manual actually forces you to put 100% of your concentration on what the car is doing. My parents force...
by robebibb
Tue May 09, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Medical Concierge Recommendation Orlando, FL
Replies: 4
Views: 598

Re: Medical Concierge Recommendation Orlando, FL

All concierge doctors I’m aware of are PCPs. In my experience a specialist will get you in quickly if necessary but you may have to wait if your condition is not urgent. Schedulers you talk to on the phone are not always the best at determining what is urgent so if you believe you need an appointmen...
by robebibb
Wed Apr 19, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: 2009 Toyota Highlander on the way out
Replies: 23
Views: 2006

Re: 2009 Toyota Highlander on the way out

With 167k miles on a 8 year old car that’s 20-21k miles a year. Most leases restrict you to far fewer miles so you’ll likely want to purchase unless your wife is going to reduce her mileage.
by robebibb
Tue Apr 18, 2017 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: TaxAct not calculating capital gain harvesting properly?
Replies: 28
Views: 1921

Re: TaxAct not calculating capital gain harvesting properly?

Check to see if you are hitting the child tax credit phase out. This happened to me last year and was a bit disappointing.
by robebibb
Wed Mar 29, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 12023

Re: Not opting for 529... anyone else?

KlangFool, it sounds like we have similar tax situations. One risk of using taxable account for savings is taking a large chunk of LT gains pushing you into the child tax credit phase out. Also if you plan to reduce retirement savings to pay for college you could be in a higher tax bracket for those...
by robebibb
Wed Feb 01, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: critical dependent care question
Replies: 5
Views: 789

Re: critical dependent care question

Depending on your plan you may be able to include expenses incurred in 2017 up to March 15th. See if your plan has this option as it could allow you to use at least a portion of your $5000.
by robebibb
Tue Dec 27, 2016 9:08 pm
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 168
Views: 18028

Re: Concierge medicine Worth It????

(that's Physician Assistants, who seem to be able to do 90% of the regular doctor stuff and diagnosis quite well in my experience). Umm. No. Just..., no. I don't think I am a perfect physician or a medical genius. But after doing this for close to 20 years this comment scares me the most. This is w...
by robebibb
Fri Nov 11, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Researching non-ACA health insurance in NJ
Replies: 14
Views: 1336

Re: Researching non-ACA health insurance in NJ

The son is apparently eligible for insurance. So I presume this rule does not apply. But the cheapest employer provided plan is $585/month. That does not seem affordable for a high school teacher (which I'm told is the son's profession) I had thought there were some ACA requirements which required ...
by robebibb
Tue Oct 25, 2016 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross - Good Value?
Replies: 27
Views: 1695

Re: Federal Blue Cross - Good Value?

Thanks for the reply. Want to double check the premise, though. If we went all through my employer (self + family), we would be paying between $1,000-$1,300 per month (depending on the plan options). If we went all through Fed BCBS Standard (self + family), we would be paying about $550 a month. Ob...
by robebibb
Tue Oct 25, 2016 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross - Good Value?
Replies: 27
Views: 1695

Re: Federal Blue Cross - Good Value?

Edited: I see you said your premium is $1000 monthly. I would check all possible combinations available to you such as: Employer A: Self Individual, Fed: Wife + Children Employer A: Self + children, Fed:Wife individual Employer A: None, Fed:Family Employer A: Family, Fed: None And see which is most ...
by robebibb
Tue Oct 25, 2016 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Add wife to my health insurance or buy through ACA Marketplace
Replies: 8
Views: 1079

Re: Add wife to my health insurance or buy through ACA Marketplace

I believe insuring her through your employer would be more cost effective due to tax benefits not available to individuals who purchase health insurance. Annual insurance is $6070.80 15% federal plus 5.75% state tax = 20.75% $1259.69 in tax savings for a net cost of $4811.11 Add in the additional $6...
by robebibb
Fri Jul 15, 2016 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Elderly care financial questions
Replies: 8
Views: 682

Re: Elderly care financial questions

If most of her income is going towards medical care I don't believe she will be paying much (if any) tax on IRA withdrawals.
by robebibb
Wed Mar 16, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I disclaim an inheritance on behalf of minor children?
Replies: 44
Views: 5182

Re: Should I disclaim an inheritance on behalf of minor children?

Another alternative is to spend the inheritance for the benefit of the children (childcare, medical expenses, camps, sports, vacations, etc) and contribute an equivalent amount to an investment account or 529 in your name but for their benefit. By the time they are out of high school there probably ...
by robebibb
Wed Feb 24, 2016 9:54 am
Forum: Personal Consumer Issues
Topic: Can EMT's and emergency rooms really read USB pendants?
Replies: 58
Views: 5974

Re: Can EMT's and emergency rooms really read USB pendants?

Medical alert bracelets are really for bystanders, not medical personnel. I don't need to know you have a history of seizures. If you're having a darn seizure, I'm going to treat it. I'm not going to miss it. "I wonder why this guy is shaking all over and foaming at the mouth. Oh! I've got it....
by robebibb
Wed Feb 24, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: New kid: new car needed?
Replies: 24
Views: 1484

Re: New kid: new car needed?

I drive a ’06 Hyundai Elantra with 2 carseats in the back, 1 forward facing and 1 rear facing. Comfort is not an issue and I am average height, around 5’9”. The rear facing seat is going to protrude most into the front so you could put that one on passenger side which would be rarely used if the Out...
by robebibb
Wed Feb 03, 2016 10:24 am
Forum: Personal Finance (Not Investing)
Topic: What do you pay per year for daycare?
Replies: 33
Views: 2357

Re: What do you pay per year for daycare?

We pay $24k a year for full time daycare (open 7-6) for a 3 y/o & infant in Atlanta metro area. Our school is in the middle of the pack tuition wise for intown preschools. We were lucky to get a spot at all for our 1st newborn (second was given priority admission due to his older brother).
by robebibb
Wed Jan 13, 2016 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Buy life insurance for tax shelter?
Replies: 1
Views: 363

Re: Buy life insurance for tax shelter?

It’s not exactly accurate to say that life insurance policies have a negative value. Typically if a policy is held to death and death occurs at approximately expected time the payout will be 2-5%. In other words, if you invested all of your premiums instead of buying the insurance that would be your...
by robebibb
Tue Jan 05, 2016 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Job Prospects for English Majors?
Replies: 73
Views: 6690

Re: Job Prospects for English Majors?

I have a few friends who were English majors in college who went on to create and edit content for an online publication (How Stuff Works). I believe these jobs have become harder to come by as much of the content is outsourced to freelancers to reduce costs. My friends no longer work there but cont...
by robebibb
Tue Nov 24, 2015 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Push child to avoid expensive college?
Replies: 207
Views: 18324

Re: Push child to avoid expensive college?

Many private colleges offer significant financial aid to high achieving students. Both my wife and her sister received generous merit based aid packages from Tulane and College of Charleston but there are others out there. Also some state schools offer tuition reimbursement for students who teach in...
by robebibb
Wed Nov 18, 2015 1:59 pm
Forum: Personal Consumer Issues
Topic: Car Insurance Non Renewal
Replies: 4
Views: 584

Re: Car Insurance Cancellation

BlueFin wrote:Is this a cancellation or non renewal of the policy? I believe there's a difference.


Good point. It actually is a notice of non-renewal and I have changed the original post to reflect this.
by robebibb
Wed Nov 18, 2015 11:47 am
Forum: Personal Consumer Issues
Topic: Car Insurance Non Renewal
Replies: 4
Views: 584

Car Insurance Non Renewal

I just received notice that my auto insurer is not renewing coverage on one of my vehicles because of “Your failure to maintain care, custody, and control of the CAR at all times. This vehicle is in someone else's possession.” The car is in possession of my brother who does not live with me. At the ...
by robebibb
Fri Nov 13, 2015 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Grandmother has Major Debt Issues - Help Needed
Replies: 21
Views: 2882

Re: Grandmother has Major Debt Issues - Help Needed

If the daughter has significant mental issues which contribute to her unemployment it could be a good idea for her to apply for disability. In addition to payments this could qualify her for Medicaid which sounds like it would be her only access to healthcare based on your description of the situati...
by robebibb
Wed Nov 04, 2015 8:33 am
Forum: Personal Finance (Not Investing)
Topic: New Baby & Life Planning
Replies: 15
Views: 2069

Re: New Baby & Life Planning

You should be able to make adjustments to your FSA with the change of family status which occurs as the result of the birth of your child. Dependent care FSAs are great for saving at tax time and if you don’t have a HDHP make sure to determine the optimal amount to put in a medical FSA. Also you wil...
by robebibb
Thu Oct 01, 2015 10:51 am
Forum: Personal Finance (Not Investing)
Topic: living trust as a secondary beneficiary?
Replies: 6
Views: 848

Re: living trust as a secondary beneficiary?

My understanding is that there are tax advantages to leaving tax deferred assets directly to individuals rather than to a trust. My wife and I have a testamentary trust which will be funded by our term life policies and any assets outside of our tax deferred accounts while the IRA, 403b, & 401k ...
by robebibb
Mon Sep 28, 2015 10:49 am
Forum: Personal Consumer Issues
Topic: Car seat for 2+ year old
Replies: 16
Views: 1469

Re: Car seat for 2+ year old

We went with the Diono Radian r100 which has a slimmer profile than most seats. Even with two carseats we can fit an adult in the back of my wife's CRV. Our toddler could also remain rear facing in the Radian longer than most other seats on the market. Rear facing is substantially safer than front f...
by robebibb
Wed Sep 16, 2015 9:50 am
Forum: Personal Finance (Not Investing)
Topic: HDHP vs traditional: My experience
Replies: 62
Views: 7929

Re: HDHP vs traditional: My experience

I still maintain that for couples contemplating a baby, traditional plans that cover maternity costs are the better way to go. For most others, especially those who have extremely low medical costs, the benefits of a HDHP/HSA are hard to beat. It would be a mistake to assume that a “traditional pla...
by robebibb
Wed Sep 09, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone ran an in home day care?
Replies: 37
Views: 2995

Re: Has anyone ran an in home day care?

Your wife could target the teaching community as clients so she could have shorter days and built in vacations. With most daycares being year-round I imagine teachers (and others who don’t work summers and holiday breaks) would like a cheaper option where they don’t have to pay for days they don’t n...
by robebibb
Mon Jun 08, 2015 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Ob-Gyn requires prepayment of deductible for pregnancy services - is this typical?
Replies: 64
Views: 19368

Re: Ob-Gyn requires prepayment of deductible for pregnancy services - is this typical?

I believe the OP should explain the situation to the OB office and see if they will provide an exception. The Dr. office can check to see that you are spending down your deductible regardless of where the expenses are paid so they can verify that what you are telling the truth and not trying to avoi...
by robebibb
Wed Sep 17, 2014 3:04 pm
Forum: Investing - Theory, News & General
Topic: Creating a permanent legacy?
Replies: 53
Views: 6694

Re: Creating a permanent legacy?

It is likely state dependent but when establishing our will/testamentary trust there was verbiage that said the trust must be dissolved in X number of years after my death. I asked the attorney why this verbage was necessary since we planned for the trust to be long exhausted before this date ever o...
by robebibb
Thu Aug 07, 2014 7:03 pm
Forum: Personal Consumer Issues
Topic: Cancun Hotel Recommendation wanted.......
Replies: 10
Views: 1000

Re: Cancun Hotel Recommendation wanted.......

We have been to Puerto Morelos twice and really love the town. It’s about 20 minutes south of Cancun airport and is just the right mix of touristy & local. The restaurants & beach are great. My father law and I enjoy scuba diving and you can take land excursions from there as well. We have r...
by robebibb
Tue Jul 15, 2014 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: HSA savings on premium?
Replies: 9
Views: 1566

Re: HSA savings on premium?

Another factor to consider is whether or not your Aetna HMO is paid with pretax dollars through an employer. If it is your employer is paying a portion of the premium and you have a tax savings due to the deductibility of your premium payments. If the HMO is an individual plan you likely could do be...
by robebibb
Mon May 05, 2014 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Georgia 529 Tax Deductions
Replies: 7
Views: 858

Re: Georgia 529 Tax Deductions

I believe it is $2000 per beneficiary. We currently only have one child but plan on another so we have opened a second 529 with my wife as the beneficiary. When the second child is born we will just switch beneficiaries. This enables us to deduct 4000 a year now instead of waiting for birth of child...
by robebibb
Thu Nov 14, 2013 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Pregnant wife's healthcare option selection
Replies: 23
Views: 2289

Re: Pregnant wife's healthcare option selection

It is surprising that your wife’s company offers such a variety of options. From the information you provided Gold would appear to be the best choice. One thing that could tip the scale is any employer provided HSA contribution. It is very common for the employer to contribute the HSA account on beh...
by robebibb
Fri Oct 25, 2013 1:09 pm
Forum: Personal Consumer Issues
Topic: Bogleheads' "Rags to Riches" Stories
Replies: 107
Views: 19909

Re: Bogleheads' "Rags to Riches" Stories

One important lesson is not to live in the south east. I believe you misinterpreted the title of this map. The correct lesson from this map is not to be born into poverty in the southeastern US. If you find a way to control where and to whom you are born please let me know ASAP so I can capitalize ...
by robebibb
Wed Oct 09, 2013 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: HSA HDHP or HRA PPO LDHP during Pregnancy?
Replies: 7
Views: 2495

Re: HSA HDHP or HRA PPO LDHP during Pregnancy?

I don’t believe a PPO would offer any better/more coverage than the HDHP when they are offered in conjunction through an employer. The two plans would cover the same procedures and have the same networks with the only difference being the deductible, co-pays, co-insurance, and out of pocket maximums...
by robebibb
Mon Jul 29, 2013 12:00 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Network Quality
Replies: 23
Views: 3165

Re: T-Mobile Network Quality

I make T-Mobile work for me but it might not work for everyone. Within metro areas I have had good reception (voice and data) however the coverage is definitely lacking in more rural areas. I rarely travel to rural areas unless I’m on vacation, in which case I don’t want to be on the phone anyways. ...
by robebibb
Mon Jul 08, 2013 12:37 pm
Forum: Investing - Theory, News & General
Topic: Why We Underestimate Risk by Omitting Time as a Factor
Replies: 26
Views: 3000

Re: Why We Underestimate Risk by Omitting Time as a Factor

The two situations addressed in the beginning of the article are not comparable in my mind. Losing one dollar is not a big deal because presumably one has significantly more than one dollar and can afford to lose 5 times out of 6 in order to come out ahead. In the second scenario if one loses their ...
by robebibb
Tue Jul 02, 2013 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding RMD's with 401K after age 70 1/2
Replies: 18
Views: 5680

Re: Avoiding RMD's with 401K after age 70 1/2

A RMD is not typically required for individuals employed at age 70.5 as long as they do not own 5% or greater of the company which sponsors the plan. It seems like rolling over IRA funds into the 401k could delay RMDs but I’m not certain about that.
by robebibb
Wed Jun 19, 2013 7:59 am
Forum: Personal Finance (Not Investing)
Topic: DayCare Flex Spending issues
Replies: 11
Views: 1276

Re: DayCare Flex Spending issues

I am unsure of the answer to your original question but I would be very leery of taking the action proposed by vtjon. If you submit receipts and are audited you will have a mess on your hands. The first thing you should try is to stop having additional funds withheld from your paycheck and directed ...
by robebibb
Mon Jun 17, 2013 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Individual Health Insurance and Unethical Premium Increases
Replies: 1
Views: 423

Re: Individual Health Insurance and Unethical Premium Increa

All health insurance rate increases are approved by each individual state’s insurance commissioner. The rate increases are required to be justified with each state using its own set of unique rules and requirements. I have had individual insurance in the past and was quite happy with a consistently ...
by robebibb
Fri May 17, 2013 12:24 pm
Forum: Investing - Theory, News & General
Topic: $600M Powerball Jackpot - take cash or annuity?
Replies: 86
Views: 8581

Re: $550M Powerball Jackpot - take cash or annuity?

Depends on the odds of being the SOLE winner. To increase the odds of being a sole winner choose a combination of larger numbers. Many people choose numbers associated with dates which only go up to 31 so by choosing larger numbers you decrease the odds of sharing in the loot. Not my observation, h...