Search found 1093 matches

by teacher
Tue May 19, 2020 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Email from Vanguard [for a Retail Investor Group consultation]
Replies: 33
Views: 3411

Re: Email from Vanguard

Take a look at this thread currently on the Personal Consumer Issues Forum:
Vanguard Phishing Email
viewtopic.php?f=11&t=306141
by teacher
Sun Mar 29, 2020 11:14 am
Forum: Personal Finance (Not Investing)
Topic: RMDs May Not Be Required for 2020
Replies: 135
Views: 8523

Re: RMDs May Not Be Required for 2020

pshonore wrote: There may have been a holiday in there too, but AFAIK the deadline is 60 calendar days so if you took the RMD on Jan 31, you have until Mar 31 to return it. (29 days in Feb and 31 days in March.) I withdrew the RMDs Monday, January 20th, so I guess I am doomed. But I found this: For ...
by teacher
Sun Mar 29, 2020 10:30 am
Forum: Personal Finance (Not Investing)
Topic: RMDs May Not Be Required for 2020
Replies: 135
Views: 8523

Re: RMDs May Not Be Required for 2020

For those who already withdrew 2020 RMDs, I found this information in a Forbes article: If you already took the 2020 RMD, you will have to include it in gross income and pay taxes on it. But you might have some options. You have up to 60 days to return a distribution to an IRA or deposit it in anoth...
by teacher
Sun Mar 29, 2020 8:05 am
Forum: Personal Finance (Not Investing)
Topic: RMDs May Not Be Required for 2020
Replies: 135
Views: 8523

Re: RMDs May Not Be Required for 2020

I wrote: RMD withdrawal funds are treated like ordinary income (not "earned income"). In the end, the outcome is the same whether it be earned income or ordinary income. The marginal tax rate will apply. A third of this year's RMD, may increase your marginal rate and effect your Medicare schedule fo...
by teacher
Sat Mar 28, 2020 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs May Not Be Required for 2020
Replies: 135
Views: 8523

Re: RMDs May Not Be Required for 2020

Correction: RMD withdrawal funds are treated like ordinary income (not "earned income"). In the end, the outcome is the same whether it be earned income or ordinary income. The marginal tax rate will apply. A third of this year's RMD, may increase your marginal rate and effect your Medicare schedule...
by teacher
Sat Mar 28, 2020 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs May Not Be Required for 2020
Replies: 135
Views: 8523

Re: RMDs May Not Be Required for 2020

Lynette wrote: Bit of mess being too quick! In January I took QCDs, RMDs and had tax withheld. I do not want to reverse the RMDs. I did this early to simplify my taxes. Oh well. I withdrew 2020 RMDs in mid January when the market was at its peak and don't regret it. Those who waited will have to pay...
by teacher
Sat Mar 28, 2020 5:45 pm
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5734

Re: Costco Senior hour Tue and Thur

From the Costco website: https://www.costco.com/covid-updates.html Special Operating Hours* for Members Ages 60 or Older On Tuesdays, Wednesdays , and Thursdays , Costco warehouses will open from 8 to 9 a.m. for members ages 60 and older, and for those with physical impairments . During this early h...
by teacher
Sat Mar 28, 2020 5:13 pm
Forum: Personal Consumer Issues
Topic: What will you do first, once COVID pandemic is over?
Replies: 271
Views: 17130

Re: What will you do first, once COVID pandemic is over?

When we get the all clear, I will drive eight miles to my son's house and hold his newly adopted eight week old Golden Retriever puppy for the first time.
by teacher
Mon Mar 23, 2020 4:47 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1907
Views: 207269

Re: [What TV Show Have You Recently Watched?]

Before Monk, we watched Death in Paradise, Grantchester, Father Brown, all detective-murder-mysteries. I hadn't thought of Columbo, and since I haven't seen it, I will check it out. Thanks ResearchMed.
by teacher
Mon Mar 23, 2020 4:41 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1907
Views: 207269

Re: [What TV Show Have You Recently Watched?]

Three years after Monk ended, a two-hour made-for-TV movie with Tony Shalhoub as Monk was supposed to have been produced, but I can't find it.
https://wegotthiscovered.com/tv/tony-sh ... -tv-movie/
by teacher
Mon Mar 23, 2020 4:21 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1907
Views: 207269

Re: [What TV Show Have You Recently Watched?]

We are in the seventh season of "Monk" (comedy-drama detective mystery television series) on Amazon Prime. I didn't watch much TV before I retired, so most all TV shows are new to me.
by teacher
Mon Mar 23, 2020 3:21 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 262
Views: 30816

Re: What have you baked recently?

Yesterday, I made my grandma's Swedish Bread and cinnamon rolls using King Arthur Bread Flour. I wrote down the ingredients and process while watching her make bread when I was about 12 years old, and still use that recipe card which is nearly 60 years old now. :shock: I switched from Gold Medal to ...
by teacher
Sat Mar 21, 2020 5:42 pm
Forum: Personal Consumer Issues
Topic: Pay cleaning lady during coronavirus pause?
Replies: 66
Views: 5105

Re: Pay cleaning lady during coronavirus pause?

I had an appointment with my hair dresser today (color/cut). I called her Tuesday to let her know I wanted to postpone it. It was clear she was sick when she answered the phone, and she said she had been tested for Coronavirus Friday, but had not gotten results yet. I sent her the amount I usually p...
by teacher
Sat Mar 21, 2020 5:30 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 267
Views: 15519

Re: So what are you cooking

I made Cornish Pasties yesterday afternoon. Old family recipe. They are a tasty treat for my English DH. He is making barbecued hamburgers today. Odd how he cooked American food, and I cooked an English dish this week.
by teacher
Sat Mar 21, 2020 4:23 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 269
Views: 35715

Re: Don't pay full price for SiriusXM radio

Ok, with the help of you all, I got a good deal, better than last year. The All Access package totaled $99.10. That includes the US Music Royalty fee. I used the Online Chat option. Glock19 was right. Return customers don't get the $5 a month deal. Thanks again everyone.
by teacher
Sat Mar 21, 2020 3:38 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 269
Views: 35715

Re: Don't pay full price for SiriusXM radio

Thanks bluebolt. I will try to get $5/mo for 12 months for SiriusXM Select, or since I am not a new subscriber, $99 + $21.19 for US Royalty fee for one year. I have a ball park. I'll give it try and see how it goes. Thanks for the input. Bogleheads never fail to help out. (I thought "streaming" was ...
by teacher
Sat Mar 21, 2020 3:24 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 269
Views: 35715

Re: Don't pay full price for SiriusXM radio

pj1983

What exactly is a "no streaming package"?
I access SiriusXM mostly only my iPhone and Alexa. I get it on my computer and car, but could do without from those two access points.
by teacher
Sat Mar 21, 2020 3:20 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 269
Views: 35715

Re: Don't pay full price for SiriusXM radio

Thanks, JMcDonald.

I just found the plan options and you are right. I don't need all those features. https://www.siriusxm.com/mostpopularpackages
Select would be fine, but it's $203 per year plus US Royalty Fee ($25.65 last year). I'm not sure what reduction I should expect to get if I haggle.
by teacher
Sat Mar 21, 2020 2:30 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 269
Views: 35715

Re: Don't pay full price for SiriusXM radio

So, I just got a subscription renewal notice from SiriusXM All Access plan totaling $320 for the year. I'm hoping someone can share a far better deal than that. If I have an idea of what the possibilities are, I may be able to get a better rate. I paid $149 last year after reading this thread, so I ...
by teacher
Tue Mar 17, 2020 12:53 pm
Forum: Investing - Theory, News & General
Topic: Suspension of RMDs in 2008: Historical Perspective
Replies: 25
Views: 989

Re: Don't Take Your 2020 RMD [yet]

Moneyman11 wrote: Are you aware that you do not actually need to "sell" to take your RMD? You can either request an "in kind" distribution - moving shares from your IRA to your taxable account, or if that option is not available for some reason, you can immediately buy back what you sold in a taxabl...
by teacher
Tue Mar 17, 2020 11:24 am
Forum: Personal Finance (Not Investing)
Topic: TLH for first time?
Replies: 7
Views: 242

Re: TLH for first time?

DSInvestor wrote: Vanguard FTSE All-World ex-US Admiral VFWAX would be an excellent fund to use to replace VTIAX Total International. DSInvestor walked me through the tax loss harvest process years ago. I think we realized a $12,000 benefit, spread out over four years. We are so grateful for his eff...
by teacher
Tue Mar 17, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: Suspension of RMDs in 2008: Historical Perspective
Replies: 25
Views: 989

Re: Don't Take Your 2020 RMD [yet]

MarkBarb wrote: I haven't hit the RMD age yet, but doesn't everyone that can afford to wait until late in the year to take their RMDs? I am new to RMD withdrawals. I thought waiting until the end of the year was best, but it turned out to be a mistake in December 2019. The market was up almost 29%, ...
by teacher
Sat Jan 11, 2020 12:33 pm
Forum: Investing - Theory, News & General
Topic: SecureRMD calculator
Replies: 0
Views: 309

SecureRMD calculator

For those who wonder what the tax impact for their heirs will be under the SECURE Act, this calculator may be useful.
https://www.securermd.com/?mod=article_inline
by teacher
Wed Jan 08, 2020 1:14 pm
Forum: Investing - Theory, News & General
Topic: Why all the angst about RMDs and taxes?
Replies: 177
Views: 13003

Re: Why all the angst about RMDs and taxes?

Thanks very much jeffyscott!
by teacher
Wed Jan 08, 2020 9:16 am
Forum: Investing - Theory, News & General
Topic: Why all the angst about RMDs and taxes?
Replies: 177
Views: 13003

Re: Why all the angst about RMDs and taxes?

I am bumping this thread in order to be notified of any further discussion on the issue of RMDs and taxes.
by teacher
Mon Dec 23, 2019 10:58 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 27975

Re: Tax Law Changes for 2020

That's why this forum is here, to enable like-minded investors to help each other. :beer
:sharebeer
by teacher
Mon Dec 23, 2019 10:54 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 27975

Re: Tax Law Changes for 2020

I am so grateful for the help from willthrill81 and dodecahedron . I hope this discussion continues as I need to advise my sons the best way to withdraw from Roths and a 401k within their individual financial circumstances. At some point they will need to get advice beyond what I can give them, so a...
by teacher
Mon Dec 23, 2019 10:25 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 27975

Re: Tax Law Changes for 2020

willthrill81 wrote: Roth withdrawals are not taxed and do not have any impact on your marginal tax rate. Thank you! You have made my day. All those Roth conversion were not a mistake as I had assumed. I thought sale of Roth funds increased income, thereby increasing the marginal rate. Am I correct t...
by teacher
Mon Dec 23, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 27975

Re: Tax Law Changes for 2020

I must be missing a very simple fact regarding the different impact this law will have on Roths vs tax-deferred. I said: (I think you said Roths should be taxed in full at the end of the 10 year period, and tax-deferred investments taxed in increments during the 10 year span.) dodecahedron wrote: Hu...
by teacher
Mon Dec 23, 2019 8:24 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 27975

Re: Tax Law Changes for 2020

dodecahedron wrote: Your 7% scenario withdraw-everything-at-the-end is placing a lot of "tax eggs" in a single rather unpredictable basket. Of course, future returns are even less easy to predict than future tax rates. On the other hand, let's consider beneficiaries of someone in my position. My tax...
by teacher
Sun Dec 22, 2019 11:49 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 27975

Re: Tax Law Changes for 2020

I asked: Assuming the market increases or stays neutral over the duration, is there a tax advantage to wait until the end of the 10 year period to cash in beneficiary IRAs and pay the higher tax rate on an untouched larger investment, or better to pay a lower tax rate on smaller, multiple withdrawal...
by teacher
Sun Dec 22, 2019 10:58 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 27975

Re: Tax Law Changes for 2020

siamond wrote: Here we are, quite a few of us having to redo our tax planning and estate planning strategies and spreadsheets... Fun! And here I am, hoping someone will figure out and share what that "tax planning and estate planning strategies and spreadsheets" will look like. First question: Assum...
by teacher
Sun Dec 22, 2019 1:24 pm
Forum: Personal Investments
Topic: In or Near Retirement with Only Six Figures?
Replies: 126
Views: 15570

Re: In or Near Retirement with Only Six Figures?

My mother lived for 30+ years on Social Security ($12,500 annual) and a $197 mo. nurse's pension in California. She had $50,000 in savings which she never had to spend. BUT, her little house had no mortgage, she had no car, and she lived a block away from us, so we had daily contact to make sure eve...
by teacher
Fri Dec 20, 2019 11:14 am
Forum: Personal Investments
Topic: Teacher Retirement Plan Advice
Replies: 10
Views: 1009

Re: Teacher Retirement Plan Advice

Do our pensions mean I should be invested in only stocks in my Roth IRA? Before Bogleheads, we invested 100% in equities in my 403b (Vanguard) and DH’s 401k (Fidelity) from our mid 30’s until we were in our late 50s when we changed our asset allocation to 60/40. There was no strategy before Boglehe...
by teacher
Fri Dec 20, 2019 10:10 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2019 BOGLEHEAD CONTEST [Entry deadline has passed]
Replies: 701
Views: 21442

Re: REGISTRATION FOR 2019 BOGLEHEAD CONTEST [Entry deadline has passed]

RMDs will be through the roof if an average pessimistic Boglehead doesn't win. I am hoping for a big downturn Dec 31st.
by teacher
Wed Dec 18, 2019 9:37 pm
Forum: Personal Investments
Topic: Need Distributions for Dummies Version
Replies: 15
Views: 931

Re: Need Distributions for Dummies Version

If I hadn't found Bogleheads when I did, I would have had the wrong funds in taxable and big time tax liability. Eternally grateful for the generous help I have received over the years. Also, I enjoyed The Marble Movers: A Jarring Dividend Parable, KingRiggs. The "Required Marble Distribution" impac...
by teacher
Wed Dec 18, 2019 6:41 pm
Forum: Personal Investments
Topic: Need Distributions for Dummies Version
Replies: 15
Views: 931

Re: Need Distributions for Dummies Version

So far, the big take away is ".... if you want to see an accurate total in your account, wait until the next morning. "(RickBoglehead) Livesoft eluded to that fact as well. I checked this morning to find exactly what RickBoglehead described. So, in terms of taxes, I am assuming they are deferred in ...
by teacher
Wed Dec 18, 2019 9:26 am
Forum: Personal Investments
Topic: Need Distributions for Dummies Version
Replies: 15
Views: 931

Re: Need Distributions for Dummies Version

Thanks to everyone for the input. I will do that this afternoon as I have to watch my grandchildren today. I wanted to post the question early in the day to get fresh perspective from my mentors. I really appreciate the direction so far. Please add more content. I will read every word.
by teacher
Wed Dec 18, 2019 9:17 am
Forum: Personal Investments
Topic: Need Distributions for Dummies Version
Replies: 15
Views: 931

Re: Need Distributions for Dummies Version

Am I wrong thinking the number of shares for days past are no longer available to make a comparison?
by teacher
Wed Dec 18, 2019 9:14 am
Forum: Personal Investments
Topic: Need Distributions for Dummies Version
Replies: 15
Views: 931

Re: Need Distributions for Dummies Version

Livesoft,
The value of the two funds dropped more than 2/3 of expected 2019 RMDs. I don't know the difference of number of shares, but from your question I am guessing I may have more shares now than before the distribution. Am I on the right track?
by teacher
Wed Dec 18, 2019 9:09 am
Forum: Personal Investments
Topic: Need Distributions for Dummies Version
Replies: 15
Views: 931

Need Distributions for Dummies Version

I have perused the wiki and locked thread at the top of Investing–Theory and come away very confused. I have a vague understanding why distributions take place, but I don’t understand what the effective consequences are to the investor. In fact, I barely understand enough to ask questions for clarit...
by teacher
Sun Dec 08, 2019 11:31 am
Forum: Investing - Theory, News & General
Topic: Can one have too much Roth?
Replies: 175
Views: 15610

Re: Can one have too much Roth?

abuss368 said: My concern has often been having too much in a Traditional IRA and the possible ripple effect from higher income upon withdrawal. Bingo. 401k and tIRA RMDs can impact federal/state, Social Security and Medicare taxes significantly, and inheritance tax rule changes are under discussion.
by teacher
Sat Dec 07, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: US vs Intl Total Stock Market
Replies: 55
Views: 3895

Re: US vs Intl Total Stock Market

Columbia wrote: Is that Vanguard economists making that call or a broad consensus? (Economists are pretty terrible at predicting interest rates, for comparison.) I think it's the former, "Vanguard’s global chief economist". I don't see his sources in the report. "The Global Outlook Summary: "What mi...
by teacher
Sat Dec 07, 2019 8:44 am
Forum: Investing - Theory, News & General
Topic: US vs Intl Total Stock Market
Replies: 55
Views: 3895

Re: US vs Intl Total Stock Market

"Annualized returns for U.S. fixed income are likely to be between 2% and 3% over the next decade, compared with a forecast of 2.5%–4.5% last year. The outlook for global ex-U.S. fixed income returns is centered in the range of 1.5%–2.5%, annualized. For the U.S. equity market, the annualized return...
by teacher
Fri Jun 07, 2019 11:03 am
Forum: Investing - Theory, News & General
Topic: Is an active mutual fund ever appropriate?
Replies: 21
Views: 2304

Re: Is an active mutual fund ever appropriate?

The lion's share of our equities is in Vanguard Total Stock Market (9.62% ave annual return since inception in 1992). But, with our beneficiaries in mind, we continue to hold two active funds; Vanguard Health Care since the mid '80s (16.12% ave annual return since inception in 1984) and Vanguard Cap...
by teacher
Fri May 24, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Why doesn't QCD include 401(k) or 403(b)?
Replies: 27
Views: 1038

Re: Why doesn't QCD include 401(k) or 403(b)?

Research Med wrote: I'm certainly not familiar with "non-ERISA 403b plans". I may be wrong, but this is how I see it: Non-employer-sponsored plans, like tIRAs are not protected by ERISA. Since the 403b is set up and maintained by the employer, even though there is no employer-matching, it always qua...
by teacher
Fri May 24, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Why doesn't QCD include 401(k) or 403(b)?
Replies: 27
Views: 1038

Re: Why doesn't QCD include 401(k) or 403(b)?

Apparently, I made an error thinking employer-matching is unlikely in 403(b)s. Those who earn pensions are less likely to receive employer-matching contributions, at least that is the case in my neck of the woods.
by teacher
Fri May 24, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Why doesn't QCD include 401(k) or 403(b)?
Replies: 27
Views: 1038

Re: Why doesn't QCD include 401(k) or 403(b)?

We don't consider a non-employer sponsored IRA rollover because the 401(k) Expense Ratio is much lower in our case and 40% of the funds are in a Stable Value fund. Also, there are some legal protections in the 401(k). "The federal Employment Retirement Income Security Act (ERISA) shields 401(k) and ...
by teacher
Fri May 24, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Why doesn't QCD include 401(k) or 403(b)?
Replies: 27
Views: 1038

Re: Why doesn't QCD include 401(k) or 403(b)?

dodecahedron wrote:
I agree it is arbitrary, but there is a relatively straightforward workaround, which I plan to use. I will be rolling funds out of my 403b into my IRA before RMDs hit.
That's brilliant, but in our case, the rules changed after RMDs kicked in.