Search found 1739 matches

by Silk McCue
Fri Jan 18, 2019 11:26 am
Forum: Investing - Help with Personal Investments
Topic: TLH - trade date vs. settlement date
Replies: 6
Views: 114

Re: TLH - trade date vs. settlement date

Covered before on other posts. I searched and found this.

viewtopic.php?t=204058

It is trade date and an authoritative source is provided.

Cheers
by Silk McCue
Fri Jan 18, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Anyone get a site maintenance message this morning?
Replies: 1
Views: 150

Re: Anyone get a site maintenance message this morning?

I logged in around the same time and did not have a problem but it sounds like a few minutes would have made all the difference.

Cheers
by Silk McCue
Fri Jan 18, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Question:
Replies: 5
Views: 391

Re: TurboTax Question:

$24k standard MFJ +$1300 per spouse at age 65 ($2600). $26.6k Total.

Cheers
by Silk McCue
Fri Jan 18, 2019 7:51 am
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 45
Views: 1793

Re: NJ EZ-Pass Why a monthly service fee?

A quick Google search finds that it is a revenue generator without regard to statement delivery. https://www.nj.com/traffic/index.ssf/2018/08/feel_like_e-zpass_fees_are_insidiously_nibbling_yo.html The $1 monthly service charge was instituted in July 2002,” said Thomas Feeney, an NJ Turnpike Authori...
by Silk McCue
Thu Jan 17, 2019 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Feel like a mark, but probably will do it (403(b) Variable Annuity)
Replies: 10
Views: 701

Re: Feel like a mark, but probably will do it (403(b) Variable Annuity)

How much is she looking to put away annually into the 403(b) and is there a match and to what level? Is she also funding a tIRA and if so how much and are you funding a tIRA. I would certainly weigh the "cost" to forego the 403(b) if I could put a "family" plan together that allowed for tax diversif...
by Silk McCue
Thu Jan 17, 2019 8:43 am
Forum: Investing - Theory, News & General
Topic: Swedroe: 8 'Sure Things' For 2019
Replies: 1
Views: 862

Re: Swedroe: 8 'Sure Things' For 2019

Thanks for sharing. I haven't seen this before and it will be interesting to see how the "sure things" pan out or flame out in the year to come.

Cheers
by Silk McCue
Wed Jan 16, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: The Bogle Rule
Replies: 24
Views: 4174

Re: The Bogle Rule

Some folks have no sense of decorum.

Cheers
by Silk McCue
Wed Jan 16, 2019 8:32 pm
Forum: Investing - Theory, News & General
Topic: The Bogle Rule
Replies: 24
Views: 4174

Re: The Bogle Rule

I don't know about Bogle's specific position. I'm cool with it unless, as I expect, it would simply lead to 1.5% expense ratios on all the funds BHers love. You do realize he died today right? Why would you suspect something that he would support would lead to a 1.5% expense ratio on VG funds consi...
by Silk McCue
Wed Jan 16, 2019 7:27 pm
Forum: Investing - Theory, News & General
Topic: The Bogle Rule
Replies: 24
Views: 4174

Re: The Bogle Rule

I’ll second that!

Cheers
by Silk McCue
Wed Jan 16, 2019 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Not getting transaction confirmation emails
Replies: 11
Views: 490

Re: Not getting transaction confirmation emails

Gmail has recently started putting easily recognizable and valid email senders in Spam including Vanguard. Don’t know what their problem is.

Cheers
by Silk McCue
Wed Jan 16, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

I see, so in a Roth 401k to Roth IRA rollover, the earnings remain separate from the principle (basically becoming Roth IRA earnings), even though neither is taxed, and can not be withdrawn penalty-free until 59.5. It's interesting that: Trad IRA -> Roth IRA all eligible for early withdrawal After-...
by Silk McCue
Wed Jan 16, 2019 6:20 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

Any part of the $100k rollover that was a conversion would have a 5 tax year clock on it. I think. Pretty sure. The five year clock stops once you are over 59.5 and it has been 5 years or more since the first Roth IRA was established (via contribution or conversion). I agree the 5 tax year conversi...
by Silk McCue
Wed Jan 16, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

I see, so in a Roth 401k to Roth IRA rollover, the earnings remain separate from the principle (basically becoming Roth IRA earnings), even though neither is taxed, and can not be withdrawn penalty-free until 59.5. It's interesting that: Trad IRA -> Roth IRA all eligible for early withdrawal After-...
by Silk McCue
Wed Jan 16, 2019 5:09 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

Any part of the $100k rollover that was a conversion would have a 5 tax year clock on it. I think. Pretty sure. The five year clock stops once you are over 59.5 and it has been 5 years or more since the first Roth IRA was established (via contribution or conversion). OVER AGE 59.5 FIVE YEARS OR MOR...
by Silk McCue
Wed Jan 16, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

So based on this information, 100% of the funds from a Roth 401k -> Roth IRA conversion would be immediately available for early withdrawal penalty free (no need to wait 5 years). Since none of it (neither principle nor earnings) is taxed during the conversion. Is that correct? Roth 401k to Roth IR...
by Silk McCue
Wed Jan 16, 2019 4:25 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

So based on this information, 100% of the funds from a Roth 401k -> Roth IRA conversion would be immediately available for early withdrawal penalty free (no need to wait 5 years). Since none of it (neither principle nor earnings) is taxed during the conversion. Is that correct? Roth 401k to Roth IR...
by Silk McCue
Wed Jan 16, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Owned By Revocable Living Trust
Replies: 15
Views: 858

Re: Auto Owned By Revocable Living Trust

We live in Florida and when we established my mom's irrevocable grantor trust the attorney told us not to place the car inside the trust as it would expose the remainder of the trust assets to legal claim in case an accident involving the car occurred. Cheers You refer to an irrevocable grantor tru...
by Silk McCue
Wed Jan 16, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Owned By Revocable Living Trust
Replies: 15
Views: 858

Re: Auto Owned By Revocable Living Trust

We live in Florida and when we established my mom's irrevocable grantor trust the attorney told us not to place the car inside the trust as it would expose the remainder of the trust assets to legal claim in case an accident involving the car occurred.

Cheers
by Silk McCue
Wed Jan 16, 2019 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Error in Bogleheads Guide to Retirement Planning, 2009 edition?
Replies: 14
Views: 1003

Re: Error in Bogleheads Guide to Retirement Planning, 2009 edition?

My good friend ... I have nearly two masters degrees and have worked in the financial services industry for almost 30 years (albeit in IT), and while it's lovely that you were not confused, the fact that this confusing paragraph caused me a couple of hours on the phone to both my HR Department and ...
by Silk McCue
Wed Jan 16, 2019 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Error in Bogleheads Guide to Retirement Planning, 2009 edition?
Replies: 14
Views: 1003

Re: Error in Bogleheads Guide to Retirement Planning, 2009 edition?

I re-read the paragraph and clearly it is confusing. It's not the third sentence you quoted, but the first sentence: "If ... you receive a match, be careful not to exceed the annual contribution limit before your final pay period, which could cause you to miss out on part of the match." In fact, yo...
by Silk McCue
Wed Jan 16, 2019 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Error in Bogleheads Guide to Retirement Planning, 2009 edition?
Replies: 14
Views: 1003

Re: Error in Bogleheads Guide to Retirement Planning, 2009 edition?

Hi, In tge Bogleheads Guide to Retirement Planning, page 79 in paragraph "Getting your Full Match", (2009 edition) says that the company 401(k) match is included with the personal IRS maximum. However, my payroll department told me it is not, and this is confirmed by this web site. https://www.theb...
by Silk McCue
Wed Jan 16, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: Sell an undiversified investment with unrealized capital gains?
Replies: 11
Views: 395

Re: Sell an undiversified investment with unrealized capital gains?

If you give to charity on a regular basis these holdings would be ideal for funding a Donor Advised Fund and then making future contributions from that fund over the coming years. If not, and you believe that you would be better served by a more diversified portfolio over the next 30 years I would d...
by Silk McCue
Wed Jan 16, 2019 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Admiral vs LS Mod Growth>
Replies: 16
Views: 1050

Re: Vanguard Balanced Index Admiral vs LS Mod Growth>

Thanks, maybe I am reading it wrong, but it looks like LS fund has outperformed the Balanced fund since inception? Correct me if I am not reading correctly. Michael, If you go back to 10-94 when LS Moderate Growth was offered, Balance Index has returned $66.8k vs $56.3 for LSMG per MorningStar. I d...
by Silk McCue
Wed Jan 16, 2019 7:12 am
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

OP here again. I think I get it now. There are two ways to add money to a Roth IRA: Contributions (ie, what you deposit directly if you're under the income limits), or Conversions (Back Door and Mega Back Door). Contributions can be withdrawn at any time without tax or penalty. Conversion amounts c...
by Silk McCue
Tue Jan 15, 2019 10:23 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

It is a conversion, but the resulting funds are considered contributions. Contributions = funds you can access before 60, but only after 5 years after the conversion. I am always ready to learn something new and will be happy to do so if that is the case. However, I am unaware of any funds going in...
by Silk McCue
Tue Jan 15, 2019 8:19 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

I think I know the answer to this but I'd like confirmation: Are Mega Back Door Roth IRA contributions considered "contributions" in the traditional sense? The reason I ask is because Roth IRA contributions can be withdrawn at any time without penalty, and doing so may be a way to gain access to a ...
by Silk McCue
Tue Jan 15, 2019 6:51 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2867

Re: Are mega back door Roth contributions considered contributions?

It is definitely a conversion and subject to the restrictions applied to them.

Cheers
by Silk McCue
Tue Jan 15, 2019 5:02 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 89
Views: 3579

Re: Any good reason to get a smartwatch?

I don't understand the logic in buying a gadget and then trying to figure out how it might improve my quality of life. I've asked this question to many of my smartwatch-wearing friends, family, and employees and I've never heard anything that I would consider a decent reason for owning one. FWIW, m...
by Silk McCue
Tue Jan 15, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 89
Views: 3579

Re: Any good reason to get a smartwatch?

Everyone I know with one of these is constantly walking around with a useless paperweight on their wrist because they forgot to charge it. I hope these friends aren't also responsible for feeding small children and pets on a scheduled basis. :) Seriously - I've never had my Apple Watch run out of b...
by Silk McCue
Tue Jan 15, 2019 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Admiral vs LS Mod Growth>
Replies: 16
Views: 1050

Re: Vanguard Balanced Index Admiral vs LS Mod Growth>

Thanks, maybe I am reading it wrong, but it looks like LS fund has outperformed the Balanced fund since inception? Correct me if I am not reading correctly. You aren't reading it wrong. I referenced 10 years in my comment. It doesn't matter what time frame you look at is it isn't a predictor of the...
by Silk McCue
Tue Jan 15, 2019 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Admiral vs LS Mod Growth>
Replies: 16
Views: 1050

Re: Vanguard Balanced Index Admiral vs LS Mod Growth>

I have AT LEAST 12 more years till retirement and was wondering which fun will grow larger over the news 12 years? The simple fact is no one knows which will grow larger or possibly lose more money than the other over the next 12 years. Over the past 10 years LifeStrategy has under performed Balanc...
by Silk McCue
Tue Jan 15, 2019 10:42 am
Forum: Investing - Theory, News & General
Topic: Small Cap Stocks
Replies: 3
Views: 552

Re: Small Cap Stocks

You should establish an asset allocation that matches your need, willingness and ability to take risk for your given time horizon and ignore investing advice that is dependent upon current market conditions forecasters. That is called market timing. Some people choose to have a tilt to small cap sto...
by Silk McCue
Tue Jan 15, 2019 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Sell taxable to fund prior year (2018) HSA?
Replies: 3
Views: 250

Re: Sell taxable to fund prior year (2018) HSA?

This question really just seems to be a variant of a similar question you asked on Saturday. The diverse answers still apply to this question. Dip into taxable account to fund Roths and medical expenses? I would fund the HSA but certainly try to sell lots that resulted in a loss or at least the mini...
by Silk McCue
Tue Jan 15, 2019 9:30 am
Forum: Investing - Help with Personal Investments
Topic: The Three-Fund Portfolio
Replies: 10
Views: 1075

Re: The Three-Fund Portfolio

If you want to look at portfolios that specifically hold REITs as a percentage take a look at Rick Ferri's https://core-4.com/.

He is a member here and a published author. https://www.bogleheads.org/wiki/Rick_Ferri

I do not explicitly hold REITs as an independent asset class.

Cheers
by Silk McCue
Tue Jan 15, 2019 9:22 am
Forum: Investing - Theory, News & General
Topic: When to get investing help?
Replies: 2
Views: 364

Re: When to get investing help?

... I have learned a lot from the wise people here and from various investing books. I have a simple low cost 4 fund portfolio, no debt, tax efficient asset location, lots of saved up losses due to TLH, a trust set up with input and ideas from this board, and a donor advised fund a Fidelity funded ...
by Silk McCue
Mon Jan 14, 2019 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 E-Filing Options [For a small company]
Replies: 7
Views: 429

Re: 1099 E-Filing Options [For a small company]

I thought IRS has its own e file system called FIRE? They do but I don’t think is intended for individuals to use for small volume. https://www.irs.gov/e-file-providers/filing-information-returns-electronically-fire How to transmit through FIRE System To file electronically, you must have software ...
by Silk McCue
Mon Jan 14, 2019 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA + Roth conversion same year
Replies: 1
Views: 136

Re: Traditional IRA + Roth conversion same year

You can fund the 2019 IRA before April 15 2020. A Roth Conversion is taxable in the calendar year it is performed, so December 31 2019 is the last day to do that for tax year 2019.

Cheers
by Silk McCue
Mon Jan 14, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 E-Filing Options [For a small company]
Replies: 7
Views: 429

Re: 1099 E-Filing Options [For a small company]

In the past (business since sold) I used Intuit.

https://payroll.intuit.com/1099-e-file/

Simple,easy and accurate process. Up to 3 1099s for flat fee of $12.99 early bird discount prior to Jan 17.

Cheers
by Silk McCue
Mon Jan 14, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4407

Re: Long term care insurance policy

There no need for snarky comment. This is typical if you can’t sell them, you make snarky comment. But on my husband’s side nobody needed LTCi yet, they died quickly at old age. For me, since I live in California, I’m sure they will pass something soon, maybe LTCi is a right eventually, like most t...
by Silk McCue
Mon Jan 14, 2019 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4407

Re: Long term care insurance policy

Don't worry. I'm sure it won't happen to you or your spouse. At this point I actually think it is a waste of your time to continue to reply to the folks that you have already replied to multiple times. Some people only seem to want to argue or accuse you of ulterior motives. I appreciate your knowl...
by Silk McCue
Mon Jan 14, 2019 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: TLH is called "Murky"
Replies: 17
Views: 2075

Re: TLH is called "Murky"

Murky not Merky. You can edit your original title just like I have here.

Cheers
by Silk McCue
Sun Jan 13, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4407

Re: Long term care insurance policy

My form of LTC is to check into a luxury cruise ship permanently at age 80, all needs will be taken care off. Just google for an 87 who did exactly that in 2015 after her husband died. LTC isn't about needing help with meals and laundry. LTC means needing help with bathing, dressing, getting on and...
by Silk McCue
Sun Jan 13, 2019 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Target date fund to S&P 500 index for Roth IRA?
Replies: 3
Views: 388

Re: Target date fund to S&P 500 index for Roth IRA?

Target 2065 is an excellently diversified portfolio for your age and the ER is tiny. I would just keep pouring as many contributions into this fund as you can and don’t look back. You will be very happy if you do so when you are much older. There are other approaches that could be recommended but no...
by Silk McCue
Sun Jan 13, 2019 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Mega-backdoor Roth has a loss
Replies: 13
Views: 1261

Re: Mega-backdoor Roth has a loss

You have no loss. You simply performed a conversion. Congratulations on making this move. Markets go up and down and I assume this is a long term investment. No need to be concerned with a perceived gain or loss in or after the process.

Cheers
by Silk McCue
Sun Jan 13, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4407

Re: Long term care insurance policy

Casual readers of this thread should know that WoW2012 is an insurance agent selling LTC insurance. Who cares if they are an insurance agent? I don’t. [OT comment removed by admin LadyGeek] Many do. You are strongly biased in your analysis and not open to an informed perspective. Do we complain whe...
by Silk McCue
Sun Jan 13, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4407

Re: Long term care insurance policy

You know full well that there are varying levels of LTC. There are facilities that do pretty much exactly what cruise ships do (i.e. fix meals, make up the bed, do laundry, plan activities). I know this because my great-grandmother lived in one for about six years and never needed more care than th...
by Silk McCue
Sun Jan 13, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4407

Re: Long term care insurance policy

Casual readers of this thread should know that WoW2012 is an insurance agent selling LTC insurance. Who cares if they are an insurance agent? I don’t.There is so much bad and out of date information about LTCi spread by well intended people on this site that it’s good to have professional feedback ...
by Silk McCue
Sun Jan 13, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4407

Re: Long term care insurance policy

My form of LTC is to check into a luxury cruise ship permanently at age 80, all needs will be taken care off. Just google for an 87 who did exactly that in 2015 after her husband died. What they did was the equivalent of an Independent Living Facility that also included maid service for the room. C...
by Silk McCue
Sun Jan 13, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Part time work and taxes
Replies: 5
Views: 567

Re: Part time work and taxes

If possible I would try to structure the nature of the relationship with the Gig employer so that you can legitimately be a 1099 given those circumstances. It opens up new possibilities for investing and avoids the overpaying of SS issues.

Cheers