Search found 27 matches

by runfast4
Fri Nov 17, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Investing priority
Replies: 17
Views: 1434

Re: Investing priority

In 2018, you will probably owe some tax, and that makes the HSA better than anything other than a matched contribution to a 401(k). Can you explain what you mean by I "will probably owe some tax?" Thanks. Don't know about grabiner's reason, but I'd expect, based on "Wife will graduate with educatio...
by runfast4
Fri Nov 17, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Investing priority
Replies: 17
Views: 1434

Re: Investing priority

grabiner wrote:
Thu Nov 16, 2017 10:04 pm
In 2018, you will probably owe some tax, and that makes the HSA better than anything other than a matched contribution to a 401(k).
Can you explain what you mean by I "will probably owe some tax?" Thanks.
by runfast4
Thu Nov 16, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Investing priority
Replies: 17
Views: 1434

Re: Investing priority

So if I contribute $8,000 to 401k or IRA and file jointly, we can get a $4,000 tax credit? Am I understanding that correctly? If only.... No, it's not that generous. You take the amount you contributed or $2000, whichever is smaller, and then get a credit of 0%, 10%, 20%, or 50% of that, depending ...
by runfast4
Thu Nov 16, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Investing priority
Replies: 17
Views: 1434

Re: Investing priority

Glad to get this information. I didn't suggest the saver's credit because the spouse is a student. https://www.bogleheads.org/wiki/Saver%27s_credit Good point. Edited that article to clarify. So if I contribute $8,000 to 401k or IRA and file jointly, we can get a $4,000 tax credit? Am I understandi...
by runfast4
Wed Nov 15, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Investing priority
Replies: 17
Views: 1434

Investing priority

Hello Bogleheads! Hope you are all doing well. I thoroughly enjoy learning from this community and contributing more the longer I am a member. I have a question about my current tax-advantaged accounts. Background: 24yrs old, married, no children. Wife will graduate with education degree May '18. $...
by runfast4
Mon Oct 30, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: MacBook Maintenance/Improvement - Running Slow
Replies: 16
Views: 1068

Re: MacBook Maintenance/Improvement - Running Slow

If it is a few years old, has a hard disk drive, and you plan on keeping it for a while, I would highly recommend upgrading to a solid state drive. The prices continue to decrease, making it well worth it for the increase in speed you will notice. I made the swap a few months ago in my mid 2012 MBP ...
by runfast4
Fri Oct 06, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 138
Views: 15544

Re: MoviePass-Too good to be true, but it's legit.

NoVa Lurker wrote:
Fri Oct 06, 2017 8:05 am
How would this work for a family of 4? Four cards?
Yes, they have to be 4 separate accounts. I'm not sure how it would work for younger kids without access to the mobile app. That may be something you would want to clear up before signing up :thumbsup
by runfast4
Thu Aug 03, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16660

Re: Capital One $400 bonus for new checking account

I did two ACH transfers of amount $255 and $265 from my Chase checking account on July 10. Still no bonus posted on Captial One 360 account yet. Under Captial One 360 checking accounts, both ACH transfers are marked as "Transaction Type: Deposit" and "Info: Ext Trnsfr". Are these eligible as Direct...
by runfast4
Thu Jul 20, 2017 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16660

Re: Capital One $400 bonus for new checking account

Reporting in... $400 bonus posted today. Second qualifying direct deposit posted last Friday (7/14). Pretty easy $400. I don't live in the target area, and wasn't sent the code. I appreciate the tip, sunny_socal!!
by runfast4
Tue Jun 20, 2017 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16660

Re: Capital One $400 bonus for new checking account

One of the conditions is you must live in greater Boston, MA area. sunny_socal if your name is an indication of where you reside, I am surprised it worked. It worked with you just typing in the promo code?? That's correct. And live in CA. I figured I had nothing to lose. The application is simple, ...
by runfast4
Fri Jun 16, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16660

Re: Capital One $400 bonus for new checking account

One of the conditions is you must live in greater Boston, MA area. sunny_socal if your name is an indication of where you reside, I am surprised it worked. It worked with you just typing in the promo code??
by runfast4
Wed May 03, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Banking in Marriage
Replies: 66
Views: 5421

Re: Banking in Marriage

Thank you all! This is great stuff. I have been trying to digest it all and discuss it with my FW. Thank the Lord we share most of the same feelings about money and our goals for it. It is very helpful to have this bank of opinions and ideas to pull from. I appreciate all of you taking the time to w...
by runfast4
Tue May 02, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Banking in Marriage
Replies: 66
Views: 5421

Re: Banking in Marriage

Wow! Thank you all for the inputs. I like seeing all of the opinions and really appreciate the advice! I do like the idea of everything being simple and easy to see in one place. I have several accounts on my own currently and wouldn't mind consolidating.
by runfast4
Tue May 02, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Banking in Marriage
Replies: 66
Views: 5421

Re: Banking in Marriage

We keep separate checking accounts. I check all my various financial accounts every day; my wife does so much less frequently. If we had a joint checking account, we would drive each other insane. Exactly. This is the main reason we have discussed having separate accounts. On the other hand, we lik...
by runfast4
Tue May 02, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Banking in Marriage
Replies: 66
Views: 5421

Banking in Marriage

Hello all, Just curious what everyone's banking strategy is for married couples? The FW and I have an emergency fund already set up in a savings account. What I am curious about is checking accounts. I have a Consumer's Credit Union (no local branches, just co-op credit unions) rewards checking acco...
by runfast4
Mon Mar 13, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 731

Re: Help with 401k and Roth contributions through employer

Congratulations on saving such a significant portion of your income. That isn't easy for a young person to do these days. 1. Save 6% in the Roth 401k 2. Save $5500 in a Roth IRA. Vanguard would be a great choice. A target date fund would probably work for you until you save enough to meet the minim...
by runfast4
Fri Mar 10, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 731

Re: Help with 401k and Roth contributions through employer

Yes, that is correct. I edited the OP to clarify, thank you. The company will only match traditional contributions, so that is why I have it split between the two. I would verify this if I were you. The company match is always deposited into a traditional(Not Roth) account, but I've never seen a ca...
by runfast4
Fri Mar 10, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 731

Re: Help with 401k and Roth contributions through employer

The Equity Index Trust Class C has a good expense ratio. The rest of your funds, not so much. My advice would be to transfer all of your 401k funds into the Equity Index. You'll save money on the fees and get good exposure to the U.S. stock market. My recommendation would be to contribute enough to...
by runfast4
Fri Mar 10, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 731

Re: Help with 401k and Roth contributions through employer

Yes, that is correct. I edited the OP to clarify, thank you. The company will only match traditional contributions, so that is why I have it split between the two.
by runfast4
Fri Mar 10, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 731

Help with 401k and Roth contributions through employer

Hello Bogleheads! I have questions about my current financial situation. Here's the background: 23yrs old $35k/yr gross salary 6% contributed to Traditional 401k, employer matches half up to 6% with company stock (my reason for 6%) 24% Roth contributions to same 401k Company retirement plan with T. ...
by runfast4
Tue Nov 08, 2016 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for kids college
Replies: 55
Views: 4686

Re: Paying for kids college

Just skimming, I didn't read any situations similar to mine so I thought I'd share. I just graduated college last May. A university in the south that cost $8k-$10k a year for full time student not including room and board. I went in with scholarships paying for about half. My parents had put money i...
by runfast4
Thu Sep 22, 2016 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Rollover
Replies: 1
Views: 260

401k Rollover

Hello all, I have searched the site looking for previous posts that are similar to my situation and cannot find one that answers the questions that I have. I was recently laid off from a full time, entry level position. I was enrolled in the 401k plan and accumulated a small sum in the John Hancock ...
by runfast4
Tue Aug 02, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Housing for newlyweds
Replies: 18
Views: 2008

Re: Housing for newlyweds

Thank you all for the great advice and practical, positive thinking!
by runfast4
Thu Jul 28, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Housing for newlyweds
Replies: 18
Views: 2008

Re: Housing for newlyweds

Rent what you can afford, build up an emergency fund of 3-6 months of expenses, invest at least to the match in 401ks, both of you set up Roth IRAs and fill to 5.5k each year. If you have loans, pay off Credit Cards and work on higher cost student loans as well. Thank you for the advice! I have 3 m...
by runfast4
Thu Jul 28, 2016 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Housing for newlyweds
Replies: 18
Views: 2008

Re: Housing for newlyweds

I really appreciate the feedback so far! Rent. You're likely to get opportunities to move to increase your income, which renting gives you the flexibility to pursue. If you end up staying where you are, property prices will likely not appreciate much in Central Arkansas so you aren't risking missing...
by runfast4
Wed Jul 27, 2016 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Housing for newlyweds
Replies: 18
Views: 2008

Re: Housing for newlyweds

How likely is it that you'll have to (or want to) take a job that is not within commuting range of where you are now? Most people don't consider buying a house until they're reasonably confident that they're going to stay in that area for several years at least. I'm not saying it is impossible, but...
by runfast4
Wed Jul 27, 2016 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Housing for newlyweds
Replies: 18
Views: 2008

Housing for newlyweds

In today's economy, what is the best option for 20-somethings? Rent or buy? I just graduated from college with a business management degree. I have yet to find a "real" job and I am currently grossing around $25k a year. I have 9+ months before I have to have something for my future wife a...