Search found 222 matches

by vtMaps
Fri Mar 24, 2017 5:09 am
Forum: Investing - Help with Personal Investments
Topic: Moving TIAA CREF out of money market
Replies: 8
Views: 446

Re: Moving TIAA CREF out of money market

I looked at your links... ouch! not a lot of low cost choices, and no total market equities. Those are your 403b choices, I presume. You have lousy choices, but a 50% employer match cannot be ignored. Perhaps use the 403b for fixed income and TIAA real estate. TIAA real estate is unique, and it's NO...
by vtMaps
Thu Mar 23, 2017 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Moving TIAA CREF out of money market
Replies: 8
Views: 446

Re: Moving TIAA CREF out of money market

More important, in my opinion, than a list of your options is for you to tell us about your risk tolerance. Your ability (as yet untested) to wisely handle bear markets should be a major determinant of the investments you choose. If you make poor decisions in a bear market (and many folks do) you ca...
by vtMaps
Sun Mar 19, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: 2.25% High Yield Checking - FSCU
Replies: 11
Views: 1672

Re: 2.25% High Yield Checking - FSCU

2.25% on $20,000 is $450 a year. If you can jump through the hoops easily without disrupting your life, sure, why not? But don't expect it to last. I see it as $250 per year because you can easily get 1% without jumping through any hoops. And all the money you spend with checks or debit cards is mo...
by vtMaps
Fri Mar 10, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: When is tax due on IRA distribution?
Replies: 14
Views: 776

Re: When is tax due on IRA distribution?

How are you going to withhold at the end of the year if you aren't going to have any more income for the year? In December I figured that our scant withholding was insufficient to avoid penalties for underpayment. Solution: Take an IRA distribution of about $3000 and withhold 80% for federal and 20...
by vtMaps
Fri Mar 10, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: When is tax due on IRA distribution?
Replies: 14
Views: 776

Re: When is tax due on IRA distribution?

An IRA distribution is taxable income for the year in which it is distributed and taxes will be due on April 15 of the following year. However, the WITHHOLDING for your taxes should try to match the quarter in which it was received. If all your income for the year arrives in December, you should wi...
by vtMaps
Fri Mar 03, 2017 1:55 am
Forum: Investing - Theory, News & General
Topic: Using Ibonds to build cash reserves
Replies: 28
Views: 3239

Re: Using Ibonds to build cash reserves

The idea for this post grew out of the post about IBonds (Treating I-Bonds as Long-term Bond Holdings) <snip> Does anyone see a downside to buying IBonds as cash equivalents? Does anyone have a better idea? I think that at current fixed rates, ibonds should not be used as long-term retirement asset...
by vtMaps
Sat Feb 25, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Early Soc Sec or spend down investments/assets?
Replies: 28
Views: 2605

Re: Early Soc Sec or spend down investments/assets?

Because of the rule changes, you can no longer file and suspend. Your wife can collect spousal benefits only after you begin collecting your benefits. The spousal benefits that your wife receives will max out when she reaches FRA. Her benefits are not a function of when you begin your own benefits. ...
by vtMaps
Wed Feb 15, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATED: Confirmed H&R Block chokes on Line 29
Replies: 20
Views: 2641

Re: UPDATED: Confirmed H&R Block chokes on Line 29

Have you resolved the issue that the policies were not issued your wife's name (or business) and therefore not eligible for the SE health deduction? No. The Vermont exchange is in serious dysfunction. I tried 5 times during 2016 to get them to raise our estimated income. They weren't able to do it ...
by vtMaps
Tue Feb 14, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATED: Confirmed H&R Block chokes on Line 29
Replies: 20
Views: 2641

Re: UPDATED: Confirmed H&R Block chokes on Line 29

I have not used the H and R Block software. But can't you just enter the 1095-a information all together? I mean just combine the information from the two 1095-A forms? The 1095-A is not like the W-2. It does not get sent to the IRS as part of your return. It is only used to properly fill out the t...
by vtMaps
Tue Feb 14, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATED: Confirmed H&R Block chokes on Line 29
Replies: 20
Views: 2641

UPDATE-- Confirmed that H&R Block chokes on Line 29

Update: I just finished a marathon online chat session with H&R Block. I did it at MacDonalds (internet at home is too slow for a chat). I even ate some of their food :o I finally figured out what's wrong with their software and they confirmed that I must override their software and that I canno...
by vtMaps
Wed Feb 08, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATED: Confirmed H&R Block chokes on Line 29
Replies: 20
Views: 2641

Re: H&R Block chokes on Line 29

I am not saying this is the problem, but did she per chance take the full net-self-employment income as a solo 401k contribution deduction on line 28. She has no solo 401k. I am working on my spreadsheet. We vastly underpaid our health premiums in 2016. My wife got a good contract and we expected h...
by vtMaps
Wed Feb 08, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATED: Confirmed H&R Block chokes on Line 29
Replies: 20
Views: 2641

Re: H&R Block chokes on Line 29

My wife is the sole proprietor and she was on the exchange for 12 months. I was on the exchange for 10 months and then on medicare. My 10 months on the exchange are factored into the deduction. Can we add MY medicare and medigap premiums to the amount of HER self-employed healthcare deduction? --vt...
by vtMaps
Wed Feb 08, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATED: Confirmed H&R Block chokes on Line 29
Replies: 20
Views: 2641

Re: H&R Block chokes on Line 29

enter the *full premium* before any advanced credit as the premiums paid. Under Federal -> Taxes -> Health Care Coverage, enter the full premium, second lowest silver, and the advanced credit. Thanks for putting the emphasis on *full premium*. I think I didn't enter the *full premium* as shown on 1...
by vtMaps
Wed Feb 08, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: UPDATED: Confirmed H&R Block chokes on Line 29
Replies: 20
Views: 2641

UPDATED: Confirmed H&R Block chokes on Line 29

I just got off the phone with H&R Block... My wife is self employed sole proprietor. We bought health insurance on the exchange. We want to take a Line 29 self-employed health care premium deduction. For those that don't know... the deduction lowers the AGI. Lower AGI means more subsidy (premium...
by vtMaps
Sun Jan 22, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Linking Ally to Vanguard
Replies: 7
Views: 991

Re: Linking Ally to Vanguard

Thanks guys, push vs. pull - still getting used to online banking :happy Me too. I don't have accounts at Vanguard, but my impression (Fidelity, Ally, and others) is that 'pulled' money is not immediately available to invest. If you use Vanguard to pull money from Ally, how soon can you invest it? ...
by vtMaps
Wed Jan 11, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help with decumulation of bonds and stable value.
Replies: 2
Views: 233

Re: Help with decumulation of bonds and stable value.

Bonds are down? They are up 1% this year. Your bonds are down from what point? The highwater mark or something else? Aren't they up for the past 12 months? Your points are well taken, thanks. I only look at my portfolio quarterly, and bonds look to be down since my 2nd and 3rd quarter statements. -...
by vtMaps
Wed Jan 11, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Help with decumulation of bonds and stable value.
Replies: 2
Views: 233

Help with decumulation of bonds and stable value.

Our (myself & DW) ISP calls for 30/70 as we begin retirement. We are spending down IRAs and doing roth conversions for a few years while we delay SS. Virtually all of our investments (mid six figures) are in our IRAs. Our 70% bond allocation is actually 19.4% FSITX, 6.8% TIPS (individual bonds, ...
by vtMaps
Fri Dec 23, 2016 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Reliable washer/dryer brands
Replies: 42
Views: 3163

Re: Reliable washer/dryer brands

We live in an area where water is plentiful and cheap - so why burden and force us to buy one of these low water usage washers? (sorry rant). Low water usage is very important for energystar ratings... not because of water conservation, but because of energy use. Most of the energy consumed by a wa...
by vtMaps
Thu Dec 22, 2016 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Got an unexpected tax collections notice...
Replies: 23
Views: 3395

Re: Got an unexpected tax collections notice...

Demand proof of your debt. If the collections agency cannot provide the proof, tell them to go away and that you will sue them if they report your debt to a credit bureau.

--vtMaps
by vtMaps
Sat Dec 17, 2016 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bond Questions
Replies: 16
Views: 2026

Re: I-Bond Questions

I have $20,000 of I-Bonds purchased in February 2012 at a rate of 0.16%, now worth $21,246. Does it make sense to sell them (even if I lose 3 months interest) and repurchase at the higher 2.76% fixed rate, or am I better off simply adding more bonds to my portfolio? The rate that your Feb 2012 ibon...
by vtMaps
Sun Dec 11, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Help with ACA MAGI and tax loss harvesting
Replies: 12
Views: 1044

Re: Help with ACA MAGI and tax loss harvesting

samsoes wrote:One of the quickest ways to generate income "on paper" is to do a Roth conversion.


Another way is to try and remember all those bets you won all year (poker, football, whatever) and report them as income. don't try too hard to remember your losses :wink:

--vtMaps
by vtMaps
Sat Nov 26, 2016 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security spousal question
Replies: 2
Views: 526

Re: Social Security spousal question

You cannot claim as a spouse before 70 and let your own benefits grow.

If you were a few years older, you could do that. The law changed last year.

--vtMaps
by vtMaps
Fri Nov 25, 2016 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software for 2016
Replies: 76
Views: 7824

Re: H&R Block Tax Software for 2016

livesoft wrote:BUT: Mac download is apparently not on sale.

here is a link for the mac version:
https://www.amazon.com/Block-Software-D ... B01M7RG7XN

--vtMaps
by vtMaps
Sun Nov 20, 2016 10:10 am
Forum: Personal Finance (Not Investing)
Topic: IRS quarterly estimated tax payments
Replies: 19
Views: 2024

Re: IRS quarterly estimated tax payments

Does safe harbor work in this situation? If your first three payments amounted to more than last year's tax liability, then I suppose you do not need to make the fourth payment. As I understand safe harbor, there are no penalties for underpaying your taxes this year as long as you withheld (or paid ...
by vtMaps
Sun Nov 20, 2016 8:09 am
Forum: Personal Consumer Issues
Topic: Anyone Have Experience With Filing Complaint With FDA?
Replies: 22
Views: 2893

Re: Anyone Have Experience With Filing Complaint With FDA?

Levothyroxine is very sensitive to heat. Between India and your home there were many chances for it to get overheated.

--vtMaps
by vtMaps
Mon Nov 14, 2016 3:53 am
Forum: Forum Issues and Administration
Topic: The Forum is now "Feed friendly"
Replies: 46
Views: 4856

Re: The Forum is now "Feed friendly"

Trice wrote:What other way is there to follow a forum, outside of visiting periodically and scouring every separate forum to see what you've missed?


If you are logged into bogleheads, try:
https://www.bogleheads.org/forum/search.php?search_id=unreadposts

--vtMaps
by vtMaps
Sun Nov 13, 2016 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: No more Sched C in H&R Block Deluxe
Replies: 8
Views: 1125

Re: No more Sched C in H&R Block Deluxe

OK, thanks. I will order the Deluxe version. --vtMaps
by vtMaps
Sun Nov 13, 2016 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: No more Sched C in H&R Block Deluxe
Replies: 8
Views: 1125

Re: No more Sched C in H&R Block Deluxe

You need to click a couple more times. https://www.hrblock.com/pdf/HRB-Desktop-Fed-Forms.pdf That link is the same on the 'Basic', the 'Deluxe', and the 'Premium' web page. I think it is a list of all forms that H&R Block software can use, but I doubt that all three versions can do all the form...
by vtMaps
Sun Nov 13, 2016 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: No more Sched C in H&R Block Deluxe
Replies: 8
Views: 1125

No more Sched C in H&R Block Deluxe

If I am reading their website correctly, Schedule C is no longer included in the Deluxe software. For 2016, schedule C is in the Premium software ($20 extra). :( :(

--vtMaps
by vtMaps
Fri Nov 11, 2016 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Delaying Benefits Until Age 70
Replies: 5
Views: 1091

Re: Social Security - Delaying Benefits Until Age 70

neurosphere wrote:Hat tip to a certain person much more knowledgeable than I who provided the link. :wink:

Would that be sscritic? --vtMaps
by vtMaps
Fri Nov 11, 2016 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Maximizing Spousal Survivor Benefits
Replies: 9
Views: 880

Re: Social Security - Maximizing Spousal Survivor Benefits

Trying to plan for taking social security. I'm a little unclear about how spousal benefits work with social security. Recent changes in law have affected spousal benefit strategies. The spouse with the higher benefits should wait until 70 to begin drawing benefits. The reason is that the SS benefit...
by vtMaps
Wed Oct 19, 2016 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement 401k planning
Replies: 4
Views: 930

Re: Early Retirement 401k planning

It's uncertain whether I will be in the 15% or 25% brackets in the years age 56-65 -- those brackets are pretty small when filing as single instead of joint! Regarding health insurance, if your income is low enough, the ACA will be a better deal than Cobra. Especially so if your income is low enoug...
by vtMaps
Wed Aug 31, 2016 10:32 am
Forum: Personal Consumer Issues
Topic: Toyota Tacoma - 4 cylinder vs. 6
Replies: 24
Views: 2503

Re: Toyota Tacoma - 4 cylinder vs. 6

I drive a 2015 4wd manual transmission 4 cylinder tacoma. Our Vermont roads have a lot of ups and downs... I cannot maintain full speed on the uphill roads... and that's with no load. Pulling a trailer is slower still, but with a trailer I wouldn't be looking to go full speed anyway.

--vtMaps
by vtMaps
Mon Aug 29, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Spousal Benefits - Basics
Replies: 30
Views: 2837

Re: Social Security - Spousal Benefits - Basics

bkweathe wrote:Is that an accurate summary?

Yes, to the best of my knowledge. --vtMaps
by vtMaps
Sat Aug 27, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Savings bonds co-owners and purchase limits
Replies: 9
Views: 683

Re: Savings bonds co-owners and purchase limits

I still haven't gotten this clear, but I don't think you actually can have true "co-owners" of electronic savings bonds. Why not? My wife and I are co-owners of our bank accounts, but I am the 'primary' owner and the 1099int is reported on my SS number. Either of us can withdraw all the m...
by vtMaps
Sat Aug 27, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Medallion Signature Guarantee
Replies: 66
Views: 11312

Re: Medallion Signature Guarantee

When I wanted to link my local brick & mortar bank to treasury direct, the bank would not do a MSG because there was unlimited liability for them. I was not asking them to guarantee a particular transaction, just for general linkage so I could buy or redeem ibonds. The branch manager said they w...
by vtMaps
Fri Aug 26, 2016 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Spousal Benefits - Basics
Replies: 30
Views: 2837

Re: Social Security - Spousal Benefits - Basics

If a person's benefit will not exceed their spouse's benefit, then earning any benefit greater than 50% of their spouse's is a 'waste' of FICA taxes. If their benefit is greater than 50% of their spouses PIA, then they would take their own benefit rather than spousal benefit. Further, they could ta...
by vtMaps
Fri Aug 26, 2016 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Spousal Benefits - Basics
Replies: 30
Views: 2837

Re: Social Security - Spousal Benefits - Basics

bkweathe wrote:I think you're saying that, if I retire early, her benefit will be half of my benefit. Is that right?

Not quite. Her benefit will be half of your PIA regardless of when you retire. (PIA= primary insurance amount = what you would get if you retire at full retirement age).

--vtMaps
by vtMaps
Sun Aug 14, 2016 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: CREF variable annuity in 403(b) -- any reason to pay the high expense ratio?
Replies: 37
Views: 2199

Re: CREF variable annuity in 403(b) -- any reason to pay the high expense ratio?

Many folks keep TIAA TA with no intention of annuitizing it. In these times of low interest on safe money, TA pays very well. There are several threads of this forum about using TA as a part of ones bond allocation.

--vtMaps
by vtMaps
Thu Aug 04, 2016 9:42 am
Forum: Personal Finance (Not Investing)
Topic: How are taxes different after retirement?
Replies: 39
Views: 3825

Re: How are taxes different after retirement?

vtMaps wrote:I think one of us is confusing exemptions with deductions. --vtMaps


OK, I was confused... thanks for the corrections. --vtMaps
by vtMaps
Thu Aug 04, 2016 9:14 am
Forum: Personal Finance (Not Investing)
Topic: How are taxes different after retirement?
Replies: 39
Views: 3825

Re: How are taxes different after retirement?

The Wizard wrote:
vtMaps wrote:Personal exemption increases at age 65. --vtMaps

That only increases your standard deduction a bit.
If you itemize your deductions, you get no benefit from being >65...

I think one of us is confusing exemptions with deductions. --vtMaps
by vtMaps
Thu Aug 04, 2016 7:55 am
Forum: Personal Finance (Not Investing)
Topic: How are taxes different after retirement?
Replies: 39
Views: 3825

Re: How are taxes different after retirement?

Personal exemption increases at age 65. --vtMaps
by vtMaps
Sun Jul 31, 2016 3:36 pm
Forum: Personal Consumer Issues
Topic: New Tipping Practice?
Replies: 130
Views: 7461

Re: New Tipping Practice?

I find it offensive that if I choose one of their preset tips (15%, 18% or 20%), the tip amount is calculated on the entire bill, including the 10% rooms and meals tax. I make a point of explaining to the cashier that I will leave my tip at the table because of that.

--vtMaps
by vtMaps
Wed Jul 13, 2016 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 289
Views: 41300

Re: [Fidelity drops AmEx, Bank of America credit cards]

Currently my FIA Amex gets 2 points per dollar spent. Each point is worth 1 dollar when redeemed in a Fidelity account (effectively 2% cash back). I am under the impression that each point is worth 1 cent. My FIA Visa is a bit different. I get 1 point per dollar spent. Each point is worth 1.5 dolla...
by vtMaps
Sat Jul 09, 2016 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: SS benefit question
Replies: 26
Views: 1297

Re: SS benefit question

It appears that his SS would be reduced by 30% if he retires at 62 ($1500 * .7 = $1050). Does this mean that her survivor benefit would be limited to $1050, regardless of his age of death? Yes. Perhaps a better strategy would be for him to defer SS until 70, which will maximize his own benefit as w...
by vtMaps
Tue Jul 05, 2016 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 44
Views: 5942

Re: Fidelity 2% CC or Citi double cash card?

I received my Fidelity Visa 1.5% cash rewards card today, and activated it. Then I called them and asked for an upgrade to the 2% cash rewards card. The customer service rep assured me that I was getting the same great rewards I was getting previously, and I pointed out that I wasn't getting any rew...
by vtMaps
Fri May 06, 2016 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Keep high amounts of cash for lower ACA premiums?
Replies: 37
Views: 4875

Re: Keep high amounts of cash for lower ACA premiums?

Is this a foolish plan? Not at all. Here are some of my previous quotes on this forum: Something else to consider... health care. If you are buying your insurance under the terms of the ACA, the premiums you pay and your out of pocket costs may be dependent upon your income. If you have enough mone...
by vtMaps
Wed May 04, 2016 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 53696

Re: Changes to Social Security

Male to be 66 in March of 2017. <snip> Female to be 66 July of 2018. <snip> Expected SS benefit at at 70 is 4/7 * X I too am 16 months older than my wife, and I am just a few months younger than you. Our PIAs are a bit closer than yours, hers being the higher. I ran some spreadsheets and found some...
by vtMaps
Fri Apr 22, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle large long term capital gain with respect to ACA Medicaid
Replies: 19
Views: 1788

Re: How to handle large long term capital gain with respect to ACA Medicaid

OK, so how should a one-time income spike be handled? Is it only high for that month, and then back to normal after that? I have been through this (long story)... medicaid works on monthly income. If you are on medicaid and have an income spike, report it to the state. They will tell you that you a...
by vtMaps
Fri Mar 25, 2016 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Are Bogleheads Buying I-Bonds 2016?
Replies: 87
Views: 16010

Re: Are Bogleheads Buying I-Bonds 2016?

I'll just stick with paper ibonds for significant tax refunds if I get them for a few more years....I consider that my emergency fund. 8-) I have ibonds for my EF (emergency fund), but I would be very reluctant to redeem the older ones that pay decent positive real rates. I have begun saving a new ...

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