Search found 2791 matches

by neilpilot
Mon Nov 11, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion Calculation
Replies: 16
Views: 1068

Re: Roth Conversion Calculation

Are you also looking at if the conversion moves you into IRMAA status, and how close you are to the next ledge?
by neilpilot
Mon Nov 11, 2019 3:54 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 264
Views: 16420

Re: Customer Service with Vanguard

Posts like the couple just made confirm my decision, when I retired, to move assets from Vanguard to a discount broker with a local office. Ever heard of confirmation bias? If you seek it, you will find it. Vanguard has over 30 million investors. 25 negative experiences doesn't mean squat. I doubt ...
by neilpilot
Mon Nov 11, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Questions re mobile virtual network operators (MVNOs)
Replies: 7
Views: 335

Re: Questions re mobile virtual network operators (MVNOs)

I'd like to switch to one of the MVNO cell phone plans soon. From what I've read, these plans will be much less expensive vs. the Verizon and Sprint plans my wife and I are on now and we will save a ton. There's only one concern or set of concerns I have with MVNOs: How to handle some of the techni...
by neilpilot
Mon Nov 11, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone received a retention offer from Merrill Edge to stay?
Replies: 3
Views: 699

Re: Anyone received a retention offer from Merrill Edge to stay?

I tried a couple new accounts at Merrill Edge and customer service for my particular needs were so bad that I don't think they could have offered me enough to stay. At one point, ME made my DW cry in frustration while she tried unsuccessfully to get her account straight. OTOH we did once collect ret...
by neilpilot
Mon Nov 11, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: Kohl's credit card refuse to refund undelivered order
Replies: 27
Views: 1168

Re: Kohl's credit card refuse to refund undelivered order

BogleMelon wrote:
Mon Nov 11, 2019 12:29 pm
neilpilot wrote:
Mon Nov 11, 2019 12:26 pm
Simply dispute charge with bank that issued the card, and you need not pay while it's "under investigation".
Who is that bank? who to find out?
Capital One
by neilpilot
Mon Nov 11, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: Kohl's credit card refuse to refund undelivered order
Replies: 27
Views: 1168

Re: Kohl's credit card refuse to refund undelivered order

Simply dispute charge with bank that issued the card, and you need not pay while it's "under investigation".
by neilpilot
Sun Nov 10, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: What happens if a QCD check is not cashed before January 1?
Replies: 14
Views: 776

Re: What happens if a QCD check is not cashed before January 1?

This is very helpful. Either Kitces missed this a couple of years ago or the details have been newly described. Do you happen to have the rules you described written in an IRS correspondence or publication? If so, I think it'd be terrific to include something like this in the Wiki. The requirements...
by neilpilot
Sun Nov 10, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 34
Views: 1712

Re: Tax Deferred : Taxable : Tax Free

What is the absolute amount you have in your tax deferred accounts? If it is less than $1 million (approximately) I wouldn't bother with Roth conversions. The reasoning is that, with balances less than that threshold, even withdrawals twice the RMD size would only place you in the 15% bracket, and ...
by neilpilot
Sun Nov 10, 2019 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: What happens if a QCD check is not cashed before January 1?
Replies: 14
Views: 776

Re: What happens if a QCD check is not cashed before January 1?

The general consensus seems to be that the same rules for charitable contributions would apply to a QCD (meaning, if I write a check to the charity and can prove that it was sent on December 31, that's sufficient). Actually, that's not the case. The QCD rules require action by the custodian, not ju...
by neilpilot
Sun Nov 10, 2019 1:07 pm
Forum: Personal Investments
Topic: Money Market Fund in IRA for RMD
Replies: 15
Views: 910

Re: Money Market Fund in IRA for RMD

Only sell invested assets and move them to a money market fund (a year in advance?) if your asset allocation includes keeping that portion of your assets in cash. Otherwise, wait until the RMD is required to sell those assets.
by neilpilot
Sun Nov 10, 2019 12:36 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 264
Views: 16420

Re: Customer Service with Vanguard

I transferred an IRA for someone from a bank to Vanguard by printing out the form, filling it out correctly, getting the medallion stamp, and sending it to the address. The transfer completed in 2.5 weeks without any problems. Then we sold everything inside for the balanced index fund. The only poi...
by neilpilot
Sun Nov 10, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2019 early experience
Replies: 4
Views: 695

Re: H&R Block 2019 early experience

However, experience shows that the tax prep software companies are sort of... fibbing when they pretend the software is really available earlier than about February. Of course we all know that it's generally not the software company that delays the completion of the program. They can't provide a wo...
by neilpilot
Sun Nov 10, 2019 8:03 am
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3237

Re: Question for Car experts - how urgent/important are these maintenance items

I recently took my '06 Corolla in for an oil change and was given both of those recommendations. I politely said no thanks, then read up on it later in my manual, read various internet forums, and asked my friend who is an engineer and has been a hobby mechanic his entire life. Upon what I learned ...
by neilpilot
Sun Nov 10, 2019 6:34 am
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3237

Re: Question for Car experts - how urgent/important are these maintenance items

I recently took my '06 Corolla in for an oil change and was given both of those recommendations. I politely said no thanks, then read up on it later in my manual, read various internet forums, and asked my friend who is an engineer and has been a hobby mechanic his entire life. Upon what I learned ...
by neilpilot
Sat Nov 09, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Flight Delay in Europe
Replies: 20
Views: 1650

Re: Flight Delay in Europe

yes and I believe I heard this on Clark Howard. But remember, it only applies if a delay occurs from Europe to the U.S., not from the U.S. to Europe. I believe it does apply to flight delays from the US to Europe if you are flying a European carrier. Somebody correct me if I am mistaken. From the h...
by neilpilot
Sat Nov 09, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Flight Delay in Europe
Replies: 20
Views: 1650

Re: Flight Delay in Europe

I read link to the regulation. Maybe I could pursue it. What if the flight is a missed connection? Wherein your departure time is not delayed. First flight is delayed and you missed the subsequent flight. Now booked on another flight the next day due to your first flight being delayed and thus miss...
by neilpilot
Sat Nov 09, 2019 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Flight Delay in Europe
Replies: 20
Views: 1650

Re: Flight Delay in Europe

yes and I believe I heard this on Clark Howard. But remember, it only applies if a delay occurs from Europe to the U.S., not from the U.S. to Europe. We almost always use a European airline for our annual trip, in part because the delay/cancellation reimbursement applies from the US to Europe as we...
by neilpilot
Fri Nov 08, 2019 4:05 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 264
Views: 16420

Re: Customer Service with Vanguard

Posts like the couple just made confirm my decision, when I retired, to move assets from Vanguard to a discount broker with a local office.
by neilpilot
Fri Nov 08, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone track their actual pension benefit start date?
Replies: 51
Views: 2877

Re: Anyone track their actual pension benefit start date?

If you want to take the discussion to the theoretical point that we contributed toward those pensions because we worked, then fine. But, as pointless as this thread has become, that argument will make further discussion even more ridiculous. Why is that argument ridiculous? Do you think the employe...
by neilpilot
Fri Nov 08, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone track their actual pension benefit start date?
Replies: 51
Views: 2877

Re: Anyone track their actual pension benefit start date?

Every pension plan that I've ever heard of requires an employee contribution ... I'd take that a step further and suggest that all the contributions are employee contributions, regardless of how they are labeled or categorized, because they are part of the compensation received in exchange for labo...
by neilpilot
Fri Nov 08, 2019 6:32 am
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3039

Re: How often should someone rebalance?

Doesn’t this result in a high percentage of equities in your portfolio and a percentage of fixed income less than your age (which I understand to be a number many use)? I consider a fixed income allocation = your age as a generation that should often be ignored. Age is only one of several variables...
by neilpilot
Thu Nov 07, 2019 5:56 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2901

Re: Cutting the Cord & Live Television

Dropped cable in 2004, no regrets since. We currently use ATT Internet (formerly Uverse) and mostly stream Amazon Prime stuff. OTA TV reception is quite good where we live (indoor antenna) but I don't watch much of it, while wife watches mainly local news and a few shows. For what little sports I w...
by neilpilot
Thu Nov 07, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

From IRS Pub 590-B: Required minimum distribution. The amount that must be distributed each year is referred to as the required minimum distribution. Distributions not eligible for rollover. Amounts that must be distributed (required minimum distributions) during a particular year aren't eligible f...
by neilpilot
Thu Nov 07, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

No. IRS rule is that you must satisfy your RMD before converting to a Roth in a given calendar year. You can distribute your RMD into a taxable account in January, then do a Roth conversion, and take monthly withdrawals from the taxable account. Can you refer me to the exact IRS rule on that, for m...
by neilpilot
Thu Nov 07, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Filing FTC complaint against ATT Internet
Replies: 5
Views: 385

Re: Filing FTC complaint against ATT Internet

"if the language is $20 off rack rate, and they increase the rack rate" then you likely owe them $55/mo.
by neilpilot
Thu Nov 07, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Using credit cards -international travel
Replies: 17
Views: 694

Re: Using credit cards -international travel

Yes I hate this. Causes a bunch of confusion. If I don’t say anything, most of the time they just hit USD since they haven’t seen a screen like this before or most others non suspecting folks request that. If I say something, sometimes they know what I mean, other times they get confused because ei...
by neilpilot
Thu Nov 07, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Using credit cards -international travel
Replies: 17
Views: 694

Re: Using credit cards -international travel

I have read when traveling internationally, it is best to have the merchant charge in the local currency rather than US Dollars, assuming your credit card does not charge a transaction fee. Does the merchant have to honor this request, and if so what if any leverage do I have? Thank you. Actually i...
by neilpilot
Thu Nov 07, 2019 7:39 am
Forum: Personal Consumer Issues
Topic: Should I Travel ot Ecuador?
Replies: 33
Views: 2060

Re: Should I Travel ot Ecuador?

There’s a Level 2 travel advisory, which the direction to “exercise increased caution “. A L2 is currently also issued for the UK, Spain and many other countries. If it was L4 you’re decision would be easier. Suggest you read the text of the advisory if you haven’t already. I would likely go, assumi...
by neilpilot
Wed Nov 06, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

If you reinvest the money it doesn't matter when you take the RMD. Forgetting capital appreciation for simplification, say your RMD is earning x% in dividends. If you take the RMD in January then most of the dividends will be taxed. If you delay the RMD until end of year, most dividends remain tax ...
by neilpilot
Wed Nov 06, 2019 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

If you reinvest the money it doesn't matter when you take the RMD. Forgetting capital appreciation for simplification, say your RMD is earning x% in dividends. If you take the RMD in January then most of the dividends will be taxed. If you delay the RMD until end of year, most dividends remain tax ...
by neilpilot
Wed Nov 06, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 90
Views: 7208

Re: H&R BLOCK Pre-Order 2019 Software Offer

Turbotax was just released this morning and as always I purchased the 2019 Home & Business from Amazon. When I got to the "Retirement Income Area", at that point I got a message "we expect this form to be ready on 1/15/2020. WHAT, it seems Turbotax is now run by young software people that have neve...
by neilpilot
Mon Nov 04, 2019 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Anyone track their actual pension benefit start date?
Replies: 51
Views: 2877

Re: Anyone track their actual pension benefit start date?

Each of my 2 pensions were Defined Benefits plans, and as such my actual benefit started the first month of my retirement.
by neilpilot
Sat Nov 02, 2019 1:20 pm
Forum: Personal Consumer Issues
Topic: Consider the next phase of our travel?
Replies: 37
Views: 2821

Re: Consider the next phase of our travel?

HEDGEFUNDIE wrote:
Sat Nov 02, 2019 1:14 pm
Go to Ghana. Very safe, friendly people who love Americans. Lots of history and culture
Just be sure you've had your Yellow Fever vaccination, and don't drink the water
by neilpilot
Sat Nov 02, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: Wait for Social Security - breakeven returns
Replies: 103
Views: 9020

Re: Wait for Social Security - breakeven returns

Most people wait for Social Security at least a few years. The 'most' popular age for taking SS is 62 per SSA; approximately a third take it ASAP. But yes, that means 2/3rds take it later. Most popular, and also necessary for the large percentage of retirees who have little saved and need SS to com...
by neilpilot
Sat Nov 02, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: Consider the next phase of our travel?
Replies: 37
Views: 2821

Re: Consider the next phase of our travel?

I have been to all 50 U.S. states. That doesn't mean that you've seen and done nearly everything worth seeing and doing. Exactly....take France as an example. We've been to Burgundy, Bergerac and the Dordogne region, Provence, Corsica and of course Paris. We visited each of these areas in different...
by neilpilot
Sat Nov 02, 2019 12:38 pm
Forum: Personal Investments
Topic: What should I know before doing Roth conversion?
Replies: 7
Views: 863

Re: What should I know before doing Roth conversion?

One other suggestion.....if you want to keep some or all of your investments the same, consider moving them in kind. When I did my conversion in 2018 I was able to move the equities in kind from my tIRA to my Roth, which are held by the same broker. It was easier than if I had sold in one account, m...
by neilpilot
Sat Nov 02, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 92
Views: 8823

Re: Timeshare offer experience

We have 2 weeks of timeshare with Marriott, both bought for about $0.20 on the dollar on the resale market. Have had them for 20 years, and they have definitely been worth the annual maintenance fee. Last month we used a week in Vegas, and while we learned that a week in Vegas was about 6 days too l...
by neilpilot
Sat Nov 02, 2019 12:11 pm
Forum: Personal Investments
Topic: What should I know before doing Roth conversion?
Replies: 7
Views: 863

Re: What should I know before doing Roth conversion?

If your taxable holdings include mutual funds that are expected to pay all or a majority of the yearly dividend and/or capital gain in December, then you can easily underestimate your annual income if you don't take them into account. Last year I came dangerously close to the IRMAA cliff by not taki...
by neilpilot
Sat Nov 02, 2019 9:21 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1964
Views: 324539

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

yougotitdude wrote:
Sat Nov 02, 2019 8:04 am
For the td offer, if you elect gift cards, items or cash, are the taxes the same?

Like if you get $1,000 in items or gift cards, I'm assuming it's the same as the $1,000 cash reward?
It is the same
by neilpilot
Fri Nov 01, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 544
Views: 72192

Re: Flaunt Your High-Mileage Car

CoAndy wrote:
Fri Nov 01, 2019 12:03 pm
Time to resurrect this thread.

2012 Honda Accord. 96k miles. $0 spent on repairs so far. 100% issue free.
This thread is for high mileage cars. You aren't even up to 100k yet?
by neilpilot
Fri Nov 01, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Consider the next phase of our travel?
Replies: 37
Views: 2821

Re: Consider the next phase of our travel?

While we haven't been to quite as many countries as you, we traveled quite a bit before we retired. Since we fully retired we travel much more, and have spent 25%-35% of our time away from home. If we didn't have our dogs, we might even travel more. To address your questions: (1) How do you deal wit...
by neilpilot
Fri Nov 01, 2019 11:05 am
Forum: Personal Consumer Issues
Topic: Turn off water heater on vacation?
Replies: 97
Views: 107652

Re: Turn off water heater on vacation?

One thing to consider is, if you have an electric water heater and it is winter heating season, any heat lost from the electric tank will merely go into your house. So I suspect there is zero savings to be had by shutting it off. I have an oil fired water heater which is probably only 70% efficient...
by neilpilot
Fri Nov 01, 2019 7:01 am
Forum: Personal Investments
Topic: opinion, IA upset moving assets to Vanguard
Replies: 26
Views: 1931

Re: opinion, IA upset moving assets to Vanguard

I agree with most, i.e. that you no longer need to pay for AUM and should move assets. However, why move to Vanguard? If you move assets in kind, will you be paying Vanguard a commission to sell the assets? Many brokers, including TDA where you current have the assets, will allow you to sell those ...
by neilpilot
Thu Oct 31, 2019 4:13 pm
Forum: Personal Investments
Topic: opinion, IA upset moving assets to Vanguard
Replies: 26
Views: 1931

Re: opinion, IA upset moving assets to Vanguard

I agree with most, i.e. that you no longer need to pay for AUM and should move assets. However, why move to Vanguard? If you move assets in kind, will you be paying Vanguard a commission to sell the assets? Many brokers, including TDA where you current have the assets, will allow you to sell those e...
by neilpilot
Wed Oct 30, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Part D - thinking of shifting to Walmart
Replies: 34
Views: 3431

Re: Part D - thinking of shifting to Walmart

btenny wrote:
Wed Oct 30, 2019 4:50 pm
I did the comparisons with the Humana site. I do not want to put all my data into the Medicare site.
In that case you will not easily run a comparison between Humana and other, possibly better/cheaper plans.
by neilpilot
Wed Oct 30, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Part D plans change every few days - need I wait?
Replies: 4
Views: 375

Re: Part D plans change every few days - need I wait?

I would definitely wait - hold off at least through November. There are still glitches in the system. I was playing around with diff. scenarios, checking script prices using standard and preferred pharmacy. Clicking on one Plan, the official Medicare site told me my drug costs for the year would be...
by neilpilot
Wed Oct 30, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Grinding sound when braking comes and goes in 2007 Hyundai Santa Fe GLS
Replies: 9
Views: 481

Re: Grinding sound when braking comes and goes in 2007 Hyundai Santa Fe GLS

If brakes are good, could it possibly be the wheel bearing?
by neilpilot
Wed Oct 30, 2019 10:28 am
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 52
Views: 2714

Re: Low water pressure/flow in house

I still come back to the issue perhaps being a non-issue. Pressure is 60psi. Open up THREE shower heads and pressure is 20psi. Question - what did the engineer say it SHOULD have been with THREE shower heads running? As I stated earlier, I've never heard of anyone being able to take 3 showers at th...
by neilpilot
Tue Oct 29, 2019 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Planning & End Of Year Dividend Outlook (VTRIX & VUVLX)
Replies: 4
Views: 363

Re: Tax Planning & End Of Year Dividend Outlook (VTRIX & VUVLX)

delamer wrote:
Tue Oct 29, 2019 6:50 pm
See this post for a link to Vanguard’s planned releases of estimates:

viewtopic.php?t=293602
exactly what I needed to know; appreciate the link
by neilpilot
Tue Oct 29, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Planning & End Of Year Dividend Outlook (VTRIX & VUVLX)
Replies: 4
Views: 363

Re: Tax Planning & End Of Year Dividend Outlook (VTRIX & VUVLX)

Bump - so no one here can suggest how to source an outlook of year end dividends for VTRIX and/or VUVLX?