Search found 555 matches

by vtMaps
Wed Oct 09, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Tax Question related to large Roth Conversion
Replies: 13
Views: 1158

Re: Tax Question related to large Roth Conversion

but is there a reason to not wait until you are retired and do some strategic conversions at that point, when you should be in a lower tax bracket? Not questioning your logic or calculations, just trying to understand in relation to my own situation. For the OP, pay taxes now, avoid IIRMA later. Fo...
by vtMaps
Sun Sep 29, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Need feedback on US Bank Cash Plus credit card
Replies: 12
Views: 555

Re: Need feedback on US Bank Cash Plus credit card

I was paying my propane deliveries with a 2% cashback credit card and noticed that it was categorized as a utility. So I applied for the card online a few months ago, and chose utilities for my 5% category. My first propane delivery on the US Bank card was NOT considered a utility. :(

--vtMaps
by vtMaps
Fri Sep 20, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Underground propane tank for fuel for generator for power to house
Replies: 27
Views: 1357

Re: Underground propane tank for fuel for generator for power to house

Btw, if bees are flocking to the propane tank, that’s a sign you should check for leaks; they apparently love the smell according to our delivery guy. Some turrets have residual propane smell; not to worry. propane is oderless, even to bees. The odor is Mercaptan, which is added to propane and natu...
by vtMaps
Sun Sep 08, 2019 4:04 am
Forum: Personal Consumer Issues
Topic: Danger of mail order drugs, recent television report
Replies: 26
Views: 2707

Re: Danger of mail order drugs, recent television report

The keyword to mention is "adulterated" when you call for a replacement. If you say that it's been exposed to extreme heat/cold and you think it's now adulterated, most pharmacies will replace it free of charge. The FDA strictly prohibits them from dispensing an adulterated drug, and usually the FD...
by vtMaps
Tue Sep 03, 2019 5:20 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128888

Re: Fidelity as a one stop shop

boston10 wrote:
Tue Sep 03, 2019 5:12 am
Is this just the way Fidelity works, where they don't pull the money from your account until the check is deposited and has cleared?
Yes. I wouldn't use a bill pay service that didn't work that way. --vtMaps
by vtMaps
Mon Sep 02, 2019 12:23 pm
Forum: Personal Investments
Topic: TIAA questions regarding inheriting spousal IRA
Replies: 12
Views: 543

Re: TIAA questions regarding inheriting spousal IRA

If the surviving spouse can’t roll the IRA into their TIAA, what would you recommend? Open an IRA (if you don't already have one) at TIAA or anywhere else. Then you can roll the inherited IRA into your IRA. One thing to note: not all funds or annuities can be transferred, in kind, from one IRA to a...
by vtMaps
Wed Aug 28, 2019 8:04 am
Forum: Investing - Theory, News & General
Topic: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]
Replies: 19
Views: 8308

Re: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]

The minimum initial investment in FZDXX is $100k, but that applies to taxable accounts. The minimum initial investment in an IRA is $10k, and there is no minimum for additional investments. reference: https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/31617H805?type=o-NavBar I use FZDXX ...
by vtMaps
Tue Aug 27, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Semi-retired part timer with medicare gets offered health benefits
Replies: 6
Views: 459

Re: Semi-retired part timer with medicare gets offered health benefits

Assuming the city has 20 or more employees, they will run afoul of the Medicare Secondary Payer rules if they pay for an active employee's Medicare supplemental coverage. <snip> The real question for me would be how long is this expected to continue. It wouldn't make sense to make this change for j...
by vtMaps
Tue Aug 27, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Semi-retired part timer with medicare gets offered health benefits
Replies: 6
Views: 459

Re: Semi-retired part timer with medicare gets offered health benefits

I presume going back to work is similar to now being offered coverage. https://boomerbenefits.com/new-to-medicare/medicare-and-employer-coverage/ Thanks so much for that link! I especially like: Can my employer pay my Medicare Part B premium? In terms of your employer actually writing a check for y...
by vtMaps
Tue Aug 27, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Semi-retired part timer with medicare gets offered health benefits
Replies: 6
Views: 459

Semi-retired part timer with medicare gets offered health benefits

My wife (with medicare parts A, B, and F, and medigap plan F) is over FRA and works 15 hrs per week doing clerical work for a very small town. Because of severe flooding this past summer she has been working 30-40 hrs/week dealing with federal and state grant applications, construction bids, etc. He...
by vtMaps
Mon Aug 26, 2019 5:15 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128888

Re: Fidelity as a one stop shop

mhalley wrote:
Sun Aug 25, 2019 8:13 pm
I have the need to give a relative some money on a regular basis.
Why not use the CMA's billpay feature to send him a check? --vtMaps
by vtMaps
Fri Aug 23, 2019 5:10 am
Forum: Personal Investments
Topic: How to transfer bank IRA CDs to Vanguard IRA?
Replies: 7
Views: 694

Re: How to transfer bank IRA CDs to Vanguard IRA?

ivk5 wrote:
Fri Aug 23, 2019 1:53 am
Note that some institutions reportedly waive CD early withdrawal penalties for seniors. You’ll have to speak to each institution to ask.
I think the reason for that is so the seniors can take RMDs. Also, some funds that have restrictions on withdrawal will make exceptions for RMDs.

--vtMaps
by vtMaps
Mon Aug 19, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 111
Views: 11034

Re: Anyonw driving Uber for fun and pocket money in retirement?

cherijoh wrote:
Mon Aug 19, 2019 2:09 pm
I wouldn't drive for Uber/Lyft in part because of safety issues as a single women.
Would you feel safer if you were married? --vtMaps
by vtMaps
Fri Aug 16, 2019 5:23 am
Forum: Personal Finance (Not Investing)
Topic: Incorrect Social Security Benefit Amount?
Replies: 3
Views: 518

Re: Incorrect Social Security Benefit Amount?

I have no idea if the numbers make sense... you haven't even provided your age or your PIA. SS likes to give you the largest benefit you are eligible for... it's possible that you are not going to receive a RESTRICTED survivor benefit. This means that you will not be able to switch to a higher benef...
by vtMaps
Mon Aug 12, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128888

Re: Fidelity as a one stop shop

I''ve never had a CMA at Fidelity but our taxable brokerage accounts all have single account numbers. Any cash we hold in an account is in the account's core position, not a separate CMA. It sounds like somehow you opened two different accounts - a regular brokerage account and a CMA. The CMA has f...
by vtMaps
Sun Aug 11, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128888

Re: Fidelity as a one stop shop

It seems confusing that my individual taxable account is actually two accounts - cash managed account and a brokerage account. Yet the support people told me I could trade from either one. I’m not sure I will be using the bill paying anytime soon. The CMA is a special type of brokerage account wher...
by vtMaps
Thu Aug 08, 2019 6:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity highlights its better sweep account yields
Replies: 28
Views: 3002

Re: Fidelity highlights its sweep account yields

indexfundfan wrote:
Wed Aug 07, 2019 7:10 pm
Now if only Fidelity would also lower the ER of their MMFs to match Vanguard ...
Why does the ER matter in a MMF? --vtMaps
by vtMaps
Fri Aug 02, 2019 4:10 pm
Forum: Personal Consumer Issues
Topic: Lightweight, small, window ACs with well-designed installation?
Replies: 9
Views: 949

Re: Lightweight, small, window ACs with well-designed installation?

The Haier Serenity series air conditioners are VERY much quieter than any others. I am very happy with the one I purchased one two weeks ago. The best price was from Hammacher-Schlemmer ($60 less than Amazon). It is a 6000 BTU unit and is a bit heavier than some of the inexpensive 5000 BTU units tha...
by vtMaps
Thu Aug 01, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 336
Views: 37811

Re: "Open Social Security" calculator: feature requests, bug reports, etc

One last question, does the spousal benefit include the COLA's my PIA gained since I was FRA in 6/17? Will the COLA 's 'for '18 and '19 be included in my wife's 50% she will get in Nov? Thanks again. Not sure about the COLAS, but you should know that your first check that comes in December 2019 (fo...
by vtMaps
Fri Jul 26, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Adjusted Gross Income question
Replies: 17
Views: 1580

Re: Adjusted Gross Income question

Does $10k invested in a 401k take that $76k, above, and lower the AGI to $66k? Or does 401k not factor into AGI for someone taking a standard deduction? You're still confused. In the example above the AGI is not $76k. The taxable income is $76k. By the way, the AGI is often called 'the line'. Some ...
by vtMaps
Thu Jul 25, 2019 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Way out of financial catastrophe?
Replies: 80
Views: 11185

Re: Way out of financial catastrophe?

Course wrote:
Thu Jul 25, 2019 12:13 pm
It was an old house so we had it inspected multiple times before buying but this was missed--the 1980s remodel was improperly done.
Do the house inspectors bear any liability for what they missed? --vtMaps
by vtMaps
Tue Jul 23, 2019 10:36 am
Forum: Personal Investments
Topic: Max out 1 roth ira or split into 2 equal?
Replies: 15
Views: 921

Re: Max out 1 roth ira or split into 2 equal?

I am a teacher making about $50 and she managers a retail store at about $40.... I will have 55% pension in 18 years at age 55 and also have a 403b with right around $92k... I am in the 12% bracket as well as she is so we want to start taking advantage of the tax bracket now. We are engaged now and...
by vtMaps
Tue Jul 23, 2019 7:03 am
Forum: Personal Investments
Topic: Max out 1 roth ira or split into 2 equal?
Replies: 15
Views: 921

Re: Max out 1 roth ira or split into 2 equal?

It may matter. You will have RMDs 8 years before she does. You may not want that income while she is still working or while you are collecting SS or pension. Thus, you might want more Roth and less 401k (or IRA) in order to reduce your impending RMDs. The Roth is fundamentally a tax management strat...
by vtMaps
Thu Jul 18, 2019 8:38 am
Forum: Personal Consumer Issues
Topic: Ally Bank [customer service problems]
Replies: 20
Views: 2143

Re: Ally Bank [customer service problems]

3-20Characters wrote:
Thu Jul 18, 2019 7:01 am
I can see the problem with payees. Basically, they don’t all show up. Clicking on any payee that shows reveals all the rest.
I had this issue yesterday when I logged in from a desktop computer. In the scheme of things... no big deal.

--vtMaps
by vtMaps
Fri Jun 21, 2019 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 97
Views: 10688

Re: Permanent DINK couples - Considerations, thoughts, etc?

max12377 wrote:
Sat Apr 07, 2018 6:05 am
Hmm, so if you are a DINK, that makes me a SINK (Single Income no kids). Not sure I like the sound of that .. :shock:
I am retired and she is still working. One income OINK. Not sure I like the sound of that .. :shock:

--vtMaps
by vtMaps
Tue Jun 11, 2019 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 subaru forester 96k, replace or run into the ground?
Replies: 24
Views: 2133

Re: 2015 subaru forester 96k, replace or run into the ground?

When someone has an asset that they can’t decide whether to sell or hold, they should ask themselves whether they would buy it if they didn’t own it.

Would you buy your used Subaru today if it were for sale?

-vtMaps
by vtMaps
Sat Jun 08, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: iPad for notetaking with stylus
Replies: 10
Views: 810

Re: iPad for notetaking with stylus

bondsr4me wrote:
Sat Jun 08, 2019 1:20 pm
I would think Notes would work well for you.
If you want to know what Notes can do:
https://www.takecontrolbooks.com/notes

--vtMaps
by vtMaps
Thu May 30, 2019 10:49 am
Forum: Personal Consumer Issues
Topic: Extended auto warranty - who to buy from, if you want to
Replies: 40
Views: 2320

Re: Extended auto warranty - who to buy from, if you want to

Then why not just forgo the warranty and pay out of pocket if you happen to need a repair? Insurance is generally thought of as coverage for losses you can't afford on your own. So why buy insurance you don't need. I wish I had a better answer, but it let my wife sleep better at night. While no def...
by vtMaps
Wed May 29, 2019 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1607

Re: check my thinking on Roth conversions?

Roothy wrote:
Wed May 29, 2019 12:12 pm
Also, I've heard you can't continue to convert after you turn 70, but I'm not sure that's right, and I'm not sure why it would be so.
No age limit on conversions, but once you begin RMDs, you must take the RMD each year before the roth conversion.

--vtMaps
by vtMaps
Tue May 28, 2019 10:30 am
Forum: Personal Consumer Issues
Topic: Extended auto warranty - who to buy from, if you want to
Replies: 40
Views: 2320

Re: Extended auto warranty - who to buy from, if you want to

Many manufacturer's extended warranties include roadside assistance, and include towing to the nearest dealer, no matter how far. That is a considerable savings over the cost of paying for AAA each year, and many/most AAA policies have limits on how far they will tow.

--vtMaps
by vtMaps
Tue May 28, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: If living expenses taxable Roth conversion always beats contribution?
Replies: 13
Views: 1002

Re: If living expenses taxable Roth conversion always beats contribution?

gilgamesh wrote:
Wed May 22, 2019 5:10 pm
The 5 year clock for each Roth conversion doesn’t apply if one is over 59.5 years of age, right?
That is correct if the Roth is itself 5 years old.

--vtMaps
by vtMaps
Tue May 28, 2019 9:58 am
Forum: Personal Investments
Topic: Should I move my Vanguard Roth IRA to TIAA?
Replies: 16
Views: 1522

Re: Should I move my Vanguard Roth IRA to TIAA?

retiredjg wrote:
Tue May 28, 2019 8:55 am
I know things have changed over the years, but aren't the TIAA funds more expensive than the Vanguard funds?
depends. Some large employer plans have lower expense ratios. The R1 funds that the OP is considering are the most expensive. I would leave OP's vanguard funds where they are.

--vtMaps
by vtMaps
Tue May 28, 2019 3:14 am
Forum: Personal Finance (Not Investing)
Topic: One Specific SS Question
Replies: 15
Views: 1408

Re: One Specific SS Question

Question: Say the wife files for her own SS at age 66. Then 3 years later when her husband files for SS when he turns 70, can the wife then collect spousal benefits? Increasing her monthly total amount from $1000 to $1500? Yes. And it is my understanding that SS will automatically convert from her ...
by vtMaps
Thu May 23, 2019 5:59 am
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 87
Views: 6643

Re: Best small AWD to 'drive into the ground'

These issues didn't turn you off to Subaru? I've been considering a Forester, but I've read about those problems. The premise of this thread is that it is economical to drive an AWD car into the ground. Maybe it is in some environments, but we don't do that anymore. We've driven pre-1995 (pre head ...
by vtMaps
Wed May 22, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 87
Views: 6643

Re: Best small AWD to 'drive into the ground'

I'm looking for which good winter handling awd I can drive 'into the ground' with the longest life/least maintenance and best gas mileage (holy grail). How many miles per year do you drive? If you are driving 20k miles per year, consider trading in for a new car at about 30k miles. Trade it in with...
by vtMaps
Tue May 21, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: Lies, Damned Lies, And Index Funds
Replies: 43
Views: 5955

Re: Lies, Damned Lies, And Index Funds

However, I think it is mathematically not possible for > 50% active funds to beat its respective index consistently. Actually, it is mathematically possible for more than half of active funds to beat the market. On average , active funds cannot beat the market, but it is mathematically possible for...
by vtMaps
Mon May 20, 2019 5:23 pm
Forum: Investing - Theory, News & General
Topic: Lies, Damned Lies, And Index Funds
Replies: 43
Views: 5955

Re: Lies, Damned Lies, And Index Funds

but only if I thought the active folks were starting to beat the indexes consistently. Not possible. Active investing is a zero sum game... in order for an active fund to beat the market, another active fund must trail the market. The active funds, on average, will trail the market by their higher ...
by vtMaps
Tue May 14, 2019 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can wife Top off her Social Security benefits?
Replies: 33
Views: 4264

Re: Can wife Top off her Social Security benefits?

celentano wrote:
Tue May 14, 2019 6:23 pm
I guess every body got this wrong on this thread. That is OK, this stuff is very complicated. Fortunately the lady at SSA office was very familiar with this situation.
She was not familiar enough to give you correct information.

--vtMaps
by vtMaps
Tue May 14, 2019 1:42 pm
Forum: Personal Consumer Issues
Topic: For Glasses - How to Get Accurate Eye Measurements
Replies: 10
Views: 1430

Re: For Glasses - How to Get Accurate Eye Measurements

By the way, interpupillary distance is different for near and far vision. My prescription has numbers for both. I am new to online eyeglasses... just ordered my first pairs from eyebuydirect.com and was able to input both numbers into their website. My optometrist rents space in a Costco. I don't kn...
by vtMaps
Tue May 14, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: For Glasses - How to Get Accurate Eye Measurements
Replies: 10
Views: 1430

Re: For Glasses - How to Get Accurate Eye Measurements

However, the prior optometrist did Not provide the Monocular measurement and I simply left this blank in the prior glasses I bought from FIRMOO. Also, the prior glasses worked perfect. Monocular distances are only needed if your nose is not centered between your pupils. Presumably your nose is cent...
by vtMaps
Sun May 12, 2019 4:54 pm
Forum: Personal Consumer Issues
Topic: B&H Photo will pay your sales tax [payboo]
Replies: 21
Views: 2762

Re: B&H Photo will pay your sales tax [payboo]

My order was processed with online price plus 6% state sales tax, minus an immediate card "rebate" of 6%. Item ordered was exact same price at several online competitors (both of which would also charge 6% tax), so it was a true net savings to me of exactly 6% this time. I'm glad it worked out for ...
by vtMaps
Fri May 10, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank frustration
Replies: 12
Views: 1896

Re: Ally Bank frustration

Any reason why she cant just use your login to do stuff since its joint anyways? As Celia said "No, NO, NOOO! " It is fraud for her to log in as me. Consider this: Either of us can write a check on our joint account. But it would be fraud if I wrote a check on the account and impersonated her by si...
by vtMaps
Fri May 10, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank frustration
Replies: 12
Views: 1896

Re: Ally Bank frustration

For the OP, you need to know your accounts are linked by your SSN, not your wife's SSN. <snip> Hopefully each institution has both of your SSNs on each joint account. All of our financial institutions have both of our SSN, and I am the first owner on all joint accounts. For her to move money betwee...
by vtMaps
Fri May 10, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank frustration
Replies: 12
Views: 1896

Ally Bank frustration

There are many many threads on Ally Bank, but I don't recall having seen this particular frustration mentioned: My wife and I jointly own our savings and checking at Ally, checking at a local bank, and a Fidelity CMA (cash management account). All accounts are titled the same (jointly). I do virtual...
by vtMaps
Fri May 10, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: TIAA misery
Replies: 7
Views: 1421

Re: TIAA misery

I reject the idea that TIAA is one of the "good guys" as some here attest. I think they are monsters. I do not enjoy my interactions with TIAA, but I am still there. They do have something to offer... in particular their Traditional and their Real Estate funds. I don't interact with them very often...
by vtMaps
Fri May 10, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: TIAA misery
Replies: 7
Views: 1421

Re: TIAA misery UPDATE

UPDATE: I submitted the form for the roth conversion yesterday. This morning I went online and the conversion was complete. I don't know why the customer service agent told me it would take a week.

--vtMaps
by vtMaps
Fri May 10, 2019 3:44 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity: can no longer use first initial, middle name
Replies: 45
Views: 6363

Re: Fidelity: can no longer use first initial, middle name

But that has created a headache in trying to transfer assets between Vang. and Merrill. ^ this. Whatever name/format you use, it should be the same at all financial institutions, including SS, treasury direct, IRS, etc. I think that your name is the title of your account, and it's much easier (some...
by vtMaps
Thu May 09, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA misery
Replies: 7
Views: 1421

TIAA misery

Dealing with TIAA can be a miserable experience. I have an tIRA and Roth IRA there. My only holdings in those accounts are Traditional (old vintage with 3% minimum) and Real Estate. Today’s miserable experience involves doing a partial Roth conversion of Real Estate, from my TIAA tIRA to my pre-exis...
by vtMaps
Wed May 08, 2019 4:11 am
Forum: Personal Consumer Issues
Topic: B&H Photo will pay your sales tax [payboo]
Replies: 21
Views: 2762

Re: B&H Photo will pay your sales tax [payboo]

Amazon has a lot of experience and data on this when they became instate sellers a while ago, and is likely a beneficiary from forcing others to play by the same rules. When shopping online, I very often find that B&H and Amazon have the exact same price. I think this Payboo thing is about trying t...