Search found 11001 matches

by DSInvestor
Mon Oct 07, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: SEP IRA convert to Roth in same year?
Replies: 8
Views: 346

Re: SEP IRA convert to Roth in same year?

Is it possible to contribute to an SEP IRA in 2019 and convert to Roth immediately to essentially raise my Roth space for 2019? I have no traditional or Sep balances at this time. I have already maxed out both my wife and my Roth IRA contribution for 2019. Why I am considering this. Taxable income ...
by DSInvestor
Sun Oct 06, 2019 11:04 am
Forum: Personal Investments
Topic: IRA to Roth conversion
Replies: 9
Views: 1209

Re: IRA to Roth conversion

If you are hoping to get a health insurance premium tax credit, be very careful about how much you convert or realize in capital gains. If you exceed certain limits, you may lose a tax credit worth many thousands of dollars. I suggest running your numbers with tax software.
by DSInvestor
Mon Sep 30, 2019 9:44 pm
Forum: Personal Consumer Issues
Topic: Non stick pan preference?
Replies: 46
Views: 3339

Re: Non stick pan preference?

Carbon steel pan that has been properly seasoned is non-stick.

America's Test Kitchen video on carbon steel pans: https://www.youtube.com/watch?v=-suTmUX4Vbk
by DSInvestor
Thu Sep 26, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need an Umbrella Policy?
Replies: 12
Views: 1293

Re: Do I need an Umbrella Policy?

Once you get your auto insurance limits up to the minimums required for umbrella policy, you may find that the extra cost for umbrella is quite low. I believe your auto must be at around 300K/300K (but may vary by state) before you can get umbrella policy. They may also want the liability on renter'...
by DSInvestor
Tue Sep 24, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: DFW to Tasmania - 15 hour time change
Replies: 51
Views: 2810

Re: DFW to Tasmania - 15 hour time change

When I flew from NYC to Auckland, I flew NYC-LAX, then LAX to Auckland. The LAX-Aukland flight departed at 11pm PT (2AM ET). I slept for most of the flight and arrived auckland at around 6-7am local time fresh. No problems at all with time change. I believe it was harder on the return trip.
by DSInvestor
Sun Sep 15, 2019 10:54 pm
Forum: Personal Investments
Topic: Rebalancing an Inherited IRA
Replies: 19
Views: 1140

Re: Rebalancing an Inherited IRA

I would sell the individual stocks and then immediately use the proceeds to buy the index fund. It is likely that the index fund already holds the stock(s) that you're selling so you're just making a lateral move but greatly improving diversification. I did something similar in my taxable account wh...
by DSInvestor
Tue Aug 27, 2019 3:16 pm
Forum: Personal Investments
Topic: Roth 401k or Traditional
Replies: 29
Views: 1119

Re: Roth 401k or Traditional

I would just use my 401k to defer taxes and then rollover to IRA to get away from fees. Unless you have a qualifying event (reaching retirement age, termination of employment, termination of plan etc), you cannot do a rollover of employee salary deferral contribution 401k assets to IRA. Some plans ...
by DSInvestor
Tue Aug 27, 2019 11:02 am
Forum: Personal Investments
Topic: Roth 401k or Traditional
Replies: 29
Views: 1119

Re: Roth 401k or Traditional

If you're self employed and contributing 30K/yr to SEP-IRA, consider switching to Solo 401k. At your level of income, you may soon be ineligible for direct Roth IRA contributions which may have you considering the backdoor into Roth IRA (Traditional IRA contribution + Roth conversion). SEP-IRA asset...
by DSInvestor
Sat Aug 24, 2019 10:50 am
Forum: Personal Investments
Topic: Capital Gain Taxes and withdrawals
Replies: 12
Views: 1082

Re: Capital Gain Taxes and withdrawals

Investments held in taxable accounts may distribute dividends and capital gains distributions. These are taxable even if you have not sold any shares. They are taxable whether they are reinvested or taken in cash. As others have posted, distributions that are reinvested will increase the cost basis ...
by DSInvestor
Wed Aug 21, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: If contributing to 401K & traditional IRA, deductible in both cases irrespective of income?
Replies: 3
Views: 184

Re: If contributing to 401K & traditional IRA, deductible in both cases irrespective of income?

The Traditional 401k contribution is deductible (reduces your AGI) no matter how high your income. The Traditional IRA deduction works differently. If one is covered by an employer plan, your Traditional IRA contribution is deductible if your MAGI is below certain limits. See IRS page on IRA deducti...
by DSInvestor
Wed Aug 21, 2019 2:56 pm
Forum: Personal Investments
Topic: Capital gains affect tax rate on ordinary income?
Replies: 28
Views: 2433

Re: Capital gains affect tax rate on ordinary income?

reisner wrote:
Wed Aug 21, 2019 2:50 pm
That kicks in at 170K of Medicare Adjusted Gross Income. Does anyone know if that is the same as the adjusted gross income on my tax filing?
Medicare Adjusted Gross Income is your Adjusted Gross Income + tax exempt interest.
https://www.ssa.gov/pubs/EN-05-10536.pdf
by DSInvestor
Wed Aug 21, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else enjoy sitting around and doing little in retirement?
Replies: 70
Views: 8266

Re: Anybody else enjoy sitting around and doing little in retirement?

We hike, camp, backpack, paddle board, mountain bike. There's lots of fun stuff to do out there and beautiful places to see. If you live anywhere near a national park, get yourself a national park pass and head out. As a retired person, you'd have the flexibility to visit beautiful places mid week a...
by DSInvestor
Wed Aug 21, 2019 2:11 pm
Forum: Personal Investments
Topic: VFIAX or VOO?
Replies: 21
Views: 1208

Re: VFIAX or VOO?

Where is your IRA held? If at vanguard, you can hold the mutual fund and ETF shares with no transaction fee. If IRA is at any other firm, there may be a steep transaction fee to purchase a vanguard mutual fund which would be far more expensive than the brokerage commission on ETF transactions. For e...
by DSInvestor
Wed Aug 21, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: DSL Advice
Replies: 29
Views: 1661

Re: DSL Advice

I used to be on the road for months at a time and use automatic transactions for most things. This covers the mortgage/rent, credit cards are paid in full monthly, insurance policies, cable bill, cell phone bill, utilities etc. If i need to do stuff on line, we use our iPhones and cellular iPad. We ...
by DSInvestor
Wed Aug 21, 2019 1:24 pm
Forum: Personal Investments
Topic: Capital gains affect tax rate on ordinary income?
Replies: 28
Views: 2433

Re: Capital gains affect tax rate on ordinary income?

Additional income in any form (capital gains or other income), could cause: 1) more social security income to be taxable. 2) reduction or loss of tax credits like the ACA premium tax credit for health insurance. 3) Higher medicare premiums. 4) Net Investment Income tax (NIIT) YMMV as these are very ...
by DSInvestor
Sat Aug 10, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: ways to stay a little cleaner during diy car maintenance
Replies: 39
Views: 2371

Re: ways to stay a little cleaner during diy car maintenance

Has anyone tried an oil extractor? I have a 13 Subaru Outback which has the oil filter on top of the engine. If an oil extractor can suck the oil out via the dip stick tube, I wouldn't need to get under the car at all. Youtube video of a topsider oil extractor: https://www.youtube.com/watch?v=65MMn...
by DSInvestor
Tue Aug 06, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: ways to stay a little cleaner during diy car maintenance
Replies: 39
Views: 2371

Re: ways to stay a little cleaner during diy car maintenance

Has anyone tried an oil extractor? I have a 13 Subaru Outback which has the oil filter on top of the engine. If an oil extractor can suck the oil out via the dip stick tube, I wouldn't need to get under the car at all. Youtube video of a topsider oil extractor: https://www.youtube.com/watch?v=65MMnu...
by DSInvestor
Tue Jul 30, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2198

Re: Please help with vacation locations

BogleMelon wrote:
Tue Jul 30, 2019 1:09 pm
Jack FFR1846 wrote:
Tue Jul 30, 2019 1:01 pm
Disney without kids? Why?
A friend sworn by it (he has kids, but insists it is a lot of fun for anyone, especially the shows)
Disney is not relaxing and offers little to no adventure. Expect high heat, high cost and big crowds and long lines.
by DSInvestor
Tue Jul 30, 2019 1:07 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2198

Re: Please help with vacation locations

Complete opposite to Disney World - Consider visiting US national parks which can be done on a budget. You can pick your adventure level. I will never forget the first time I saw Yosemite valley. It's so beautiful it will bring tears to your eyes. Yosemite is simply amazing. You have the valley, Hal...
by DSInvestor
Tue Jul 30, 2019 12:54 pm
Forum: Personal Consumer Issues
Topic: Rental a Vehicle for a long vacation
Replies: 34
Views: 1813

Re: Rental a Vehicle for a long vacation

Thanks all for comments and experiences. "You are way overthinking this trip." "And you are seriously worried about a "buffalo altercation"?" Gotta get close to the buffalo for that selfie :oops: I spent alot of years in Risk Management so Yup, I do tend to overthink things. Identify the risk, asse...
by DSInvestor
Tue Jul 30, 2019 12:04 pm
Forum: Personal Consumer Issues
Topic: Rental a Vehicle for a long vacation
Replies: 34
Views: 1813

Re: Rental a Vehicle for a long vacation

I have done many road trips in the west with our cars that were much longer in duration (1 month to 6+ months) and our cars did really well. If you live far away from UT, WY, MT (say east coast) and wanted to save time, it may make sense to fly and rent a car. If you live close to those locations, I...
by DSInvestor
Sun Jul 28, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Experience with Costco Citi Visa?
Replies: 34
Views: 4371

Re: Experience with Costco Citi Visa?

Just ridiculous that you have to rebate in the store. It's not bad at all. I took the certificate to the store on my next visit and handed it to cashier. I cashed it out instead of using it for the purchase. Had I used the certificate for the purchase, I miss out on 2% rebate offered by the credit ...
by DSInvestor
Wed Jun 26, 2019 6:44 pm
Forum: Personal Investments
Topic: VNQ [Vanguard Real Estate Index]
Replies: 12
Views: 1311

Re: VNQ

What type of IRA account do you have? If you have a mutual fund IRA account, you can only buy mutual funds. In this case, consider VGSLX Vanguard Real Estate Index Fund Admiral shares with $3000 minimum initial purchase. This is the mutual fund share class of the VNQ ETF. If you have a brokerage IRA...
by DSInvestor
Wed Jun 19, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 84
Views: 5830

Re: Single cup coffee/espresso options, 2019

I love the Aeropress.
by DSInvestor
Wed Jun 12, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 74
Views: 5043

Re: 40+% increase in auto policy (GEICO) - normal?

I insure with GEICO and have not seen an increase in rates. I am not in California.
by DSInvestor
Wed Jun 05, 2019 12:45 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8390

Re: What flagship (even used) item is better than a budget new item?

Townline Lake wrote:
Wed Jun 05, 2019 12:09 pm
Werner carbon kayak paddle
+1. I don't have a kayak but we have werner SUP paddles and we love them.
by DSInvestor
Fri May 31, 2019 3:58 pm
Forum: Personal Investments
Topic: Employer vs Employee Solo 401K contributions
Replies: 20
Views: 670

Re: Employer vs Employee Solo 401K contributions

Scenario 1: Employer contribution of 10K. This results in W2 box 1,3 and 5 of 60K and 30K net income from K-1 giving you AGI of 90K. Scenario 2: Employee contribution of 10K. This results in W-2 box 1 of 50K and box 3/5 of 60K and 40K net income from K1 giving you AGI of 90K. There is a Scenario 3....
by DSInvestor
Fri May 31, 2019 2:27 pm
Forum: Personal Investments
Topic: Employer vs Employee Solo 401K contributions
Replies: 20
Views: 670

Re: Employer vs Employee Solo 401K contributions

Thanks for the response, but I'm not sure my question was answered, perhaps because my question wasn't clear. Assume the S-Corp pays enough wages and has enough income that the owner can make either a $10,000 contribution via payroll deduction or via employer contributions. I believe there is some ...
by DSInvestor
Fri May 31, 2019 12:11 pm
Forum: Personal Investments
Topic: Employer vs Employee Solo 401K contributions
Replies: 20
Views: 670

Re: Employer vs Employee Solo 401K contributions

I may have missed it, but I haven't seen this discussed anywhere. Given that an S-Corp owner (no employees) wants to contribute $10,000 to a solo 401K plan, aren't they better off having all contributions as employer contributions with no employee contributions since FICA/SE taxes will be saved (pe...
by DSInvestor
Wed May 29, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Using beta to prioritize stock sales?
Replies: 12
Views: 657

Re: Using beta to prioritize stock sales?

How much in net capital gains if you sell all of it and what would be the tax cost? If no tax cost, just sell it all. If high tax cost to sell all, maybe there is some amount that can be sold off for no tax cost and spread the sales across two years. Any stock that is currently at a loss should be s...
by DSInvestor
Tue May 28, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Remote control for an Apple TV 4k
Replies: 10
Views: 690

Re: Remote control for an Apple TV 4k

Remote app on iPhone can control an apple TV. Call your phone number if you can't find the iPhone. We mostly use our Apple TV remote but if we can't find it, we will use the remote app on any of our iOS devices.
by DSInvestor
Mon May 20, 2019 3:21 pm
Forum: Personal Consumer Issues
Topic: Requesting info about cargo box for sedan
Replies: 10
Views: 772

Re: Requesting info about cargo box for sedan

I have used Yakima roof top boxes on Toyota Camry, Honda Civic and Subaru outback. My outback has factory cross bars so the box just attaches to them. My Civic and Camry had naked roof so I had to install a roof rack on them to hold the cargo box. Installation of the rack on the car is easy - you ne...
by DSInvestor
Sat May 04, 2019 10:43 am
Forum: Investing - Theory, News & General
Topic: Wouldn't this make Traditional IRA far superior to Roth?
Replies: 82
Views: 8582

Re: Wouldn't this make Traditional IRA far superior to Roth?

Traditional IRA contributions are not always deductible. If you and/or your spouse are covered by an employer plan, there are income limits in place that may disallow the Traditional IRA deduction. For 2019, a taxpayer (filing single) with MAGI > 74K who is covered by an employer plan cannot take an...
by DSInvestor
Sat May 04, 2019 10:35 am
Forum: Personal Investments
Topic: Taxes for Temporarily Early Retirement
Replies: 4
Views: 437

Re: Taxes for Temporarily Early Retirement

If you have had the taxable account for a while, you have received 1099-DIV for the dividends received in the taxable account. Total Stock Market's dividends are qualified dividend income (QDI) and receive the same preferential tax treatment as long term capital gains (LTCG). Take the dividends in c...
by DSInvestor
Mon Apr 29, 2019 12:18 pm
Forum: Personal Investments
Topic: Mixing Mutual Funds and ETFs?
Replies: 12
Views: 932

Re: Mixing Mutual Funds and ETFs?

You don't need 7 funds/ETFs in each account. Treat all accounts as one big portfolio and then allocate accordingly. If the 403b is much smaller than the IRA, allocate the 403b to the lowest cost investment option and then use the Roth IRA to round out the portfolio. In the early stages of accumulati...
by DSInvestor
Mon Apr 22, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: Central A/C Question
Replies: 6
Views: 963

Re: Central A/C Question

some googling of this issue suggests that the summer weight lubricating oil that may be too viscous to protect the condenser in cold weather. Heat pump style systems tend to have a lighter weight oil and perform better in cold weather. https://www.webhvac.com/2012/01/will-running-an-air-conditioner-...
by DSInvestor
Mon Apr 22, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Where to buy a movie (Amazon/Google/iTunes/PS)?
Replies: 35
Views: 1649

Re: Where to buy a movie (Amazon/Google/iTunes/PS)?

Klangfool, Your post makes a lot of sense and is clearly better for you. It's not better for some of us. I don't watch a ton of movies. I have no easy way of getting a DVD from disc to my computer, I don't have a streaming server, I don't have a TV that can receive airplay and I don't know what DLN...
by DSInvestor
Thu Apr 18, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: 2016 Toyota Sienna all weather mats
Replies: 12
Views: 780

Re: 2016 Toyota Sienna all weather mats

I don't have a sienna but I really like my weather tech mats that I installed in my Subaru Outback.
by DSInvestor
Thu Apr 18, 2019 11:02 am
Forum: Personal Investments
Topic: Need more interest, non qualified dividends, or STCG!
Replies: 8
Views: 846

Re: Need more interest, non qualified dividends, or STCG!

Another vote for Roth conversion.

If you're receiving ACA premium tax credit, make sure to check on whether the higher AGI with Roth conversion or other income causes you to lose or greatly reduce the credit. Run your numbers carefully with tax software.
by DSInvestor
Mon Apr 15, 2019 10:54 am
Forum: Personal Investments
Topic: Am I correct re: my Roth Conversion?
Replies: 2
Views: 421

Re: Am I correct re: my Roth Conversion?

Keep in mind that the income limits for TIRA deduction and Roth IRA contribution may be different. As such you should check to see if you're eligible for Roth IRA contribution. If eligible for Roth IRA contribution, look into recharacterization of TIRA contribution to a Roth IRA contribution. Rechar...
by DSInvestor
Sun Apr 14, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: Park City Utah Hiking
Replies: 26
Views: 1882

Re: Park City Utah Hiking

If you have a smart phone, REI's hiking project app which have lots of trails on it. Some popular trails will be in the featured hikes section. I rolled into Stanley Idaho in the Sawtooth Mountains, sparked up the app and did one of the featured hikes (sawtooth lake) which was spectucular. For bikin...
by DSInvestor
Wed Apr 10, 2019 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAcT - PSA on gouging
Replies: 14
Views: 1466

Re: TaxAcT - PSA on gouging

I switched from TaxAct to HR Block for 2018 taxes.
by DSInvestor
Mon Apr 08, 2019 12:41 pm
Forum: Personal Investments
Topic: Back door Roth - Spousal Traditional IRA treated deductible?
Replies: 16
Views: 881

Re: Back door Roth - Spousal Traditional IRA treated deductible?

If your wife has other IRA assets say in Rollover IRA, SEP-IRA, SIMPLE-IRA, a non-deductible contribution to Traditional IRA would introduce IRA basis which opens up the issue of the IRA prorata rule to prorate IRA basis on partial conversion. If there are other IRA assets in your wife's name and sh...
by DSInvestor
Mon Apr 01, 2019 3:02 pm
Forum: Personal Investments
Topic: VAIPX Inflation Dividend Not Paid Question
Replies: 3
Views: 388

Re: VAIPX Inflation Dividend Not Paid Question

Fund Distributions The Fund distributes to shareholders virtually all of its net income (interest less expenses) as well as any net short-term or long-term capital gains realized from the sale of its holdings. From time to time, the Fund may also make distributions that are treated as a return of c...
by DSInvestor
Mon Apr 01, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: ACA and Moving - Questions
Replies: 13
Views: 513

Re: ACA and Moving - Questions

If she has assets in traditional IRA or other retirement accounts, Roth conversions may be effective as a way to boost AGI to be eligible for ACA. It can work the other way too. Convert too much to cause AGI to be too big and one can lose the ACA premium subsidy. She has no retirement assets. Do yo...
by DSInvestor
Mon Apr 01, 2019 11:28 am
Forum: Personal Finance (Not Investing)
Topic: ACA and Moving - Questions
Replies: 13
Views: 513

Re: ACA and Moving - Questions

If she has assets in traditional IRA or other retirement accounts, Roth conversions may be effective as a way to boost AGI to be eligible for ACA. It can work the other way too. Convert too much to cause AGI to be too big and one can lose the ACA premium subsidy.
by DSInvestor
Mon Apr 01, 2019 11:13 am
Forum: Personal Investments
Topic: Optimization of Multiple Account Asset Allocation
Replies: 4
Views: 424

Re: Optimization of Multiple Account Asset Allocation

Hold only one fund in the smaller accounts. For example, the account you called My 401a seems to be around 3% of the portfolio. Hold Total Bond only in that account. Reduce Total Bond in another larger account to compensate. Maybe reduce/eliminate the bond funds in the Roth IRA accounts and increase...
by DSInvestor
Tue Mar 26, 2019 8:33 am
Forum: Personal Investments
Topic: SEP IRA, SOLO 401K and TURBOTAX Question
Replies: 5
Views: 343

Re: SEP IRA TURBOTAX Question

If you want money that you contributed to SEP-IRA to be converted to Roth, do not bother to rollover into Solo 401k. Simply convert the SEP-IRA assets to Roth IRA after your contribution clears. After the SEP-IRA contribution has been made, SEP-IRA is essentially a Traditional IRA, so convert to Rot...
by DSInvestor
Tue Mar 19, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question for Solo 401k
Replies: 6
Views: 350

Re: Tax question for Solo 401k

The solo 401k employee salary deferral can be Traditional, Roth or a mix of both if your Solo 401k plan has the Roth option. Not all solo 401k plans offer the Roth option. My fidelity Self Employed 401k plan did not offer Roth option. Vanguard's Individual 401k, E-Trade, TD Waterhouse plans offer th...
by DSInvestor
Tue Mar 19, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Cash back credit card w/o annual fee and w/o foreign transaction fee
Replies: 24
Views: 1937

Re: Cash back credit card w/o annual fee and w/o foreign transaction fee

My Capital One Quicksilver has 1.5% cash back, no annual fee and no foreign transaction fee. Really easy redemption of cash back with this card whenever you want. If you're a costco member, costco citi visa card has no annual fee, no foreign transaction fee, 4% cash back on gas, 3% on dining/travel,...