No.4th and Inches wrote: ↑Mon Mar 20, 2023 4:50 pm First Republic is in Trouble per the article below. Does anybody know of any other bank with PLOC terms like they have with Colorado availability?
https://www.cbsnews.com/news/first-repu ... king-fdic/
The break even analysis you performed is fatally flawed.Navillus1968 wrote: ↑Sun Mar 19, 2023 11:04 pm
OP's friend is forgoing $1350/month for 15 months= $20,250.
At 70, her benefit will be $1350 x 1.1= $1485/month.
Breakeven number of months after 70: $20,250/1485= 13.6 months.
CheersLump sum payments made under section 203 and 204 (b), Title II of the Social Security Act, (49 Stat.,620) to a deceased employee's estate are not subject to Federal income tax and should not be included in the income tax return filed on behalf of the decedent.
It’s impossible to have earnings if your losses result in a balance less than the contributions. That’s called a loss. Your theoretical isn’t possible.ResearchMed wrote: ↑Tue Mar 14, 2023 8:21 pm
Right.
I wasn't sure, and I don't think that chart (which is indeed *very* handy!) addresses what if there is less than the amount contributed, whether there is some sort of attempt to prorate earnings based upon holdings. Nope, I don't know how that would be done; I wanted to be sure OP didn't unexpectedly end up with a problem IF there were some sort of adjustment needed.
That really is a terrific chart!
RM
I’m on VG Brokerage platform holding mutual funds and my Roth conversions are always done as sell to buy and effective as of market close on that day.Danw wrote: ↑Tue Mar 14, 2023 11:23 am I haven’t changed to a brokerage account for two reasons. I want my Roth conversions to happen the same day and not have to pass through a settlement account. I like being able to direct dividends directly from one fund to another. If I had to pay the $20 fees I would feel differently.
I’ve been thinking of opening a separate brokerage account to buy treasuries but will probably stick with the Treasury Money Market fund.
He hasn’t posted since January 21st.AnnetteLouisan wrote: ↑Mon Mar 13, 2023 7:37 pmForum.abuss368 wrote: ↑Mon Mar 13, 2023 7:34 pmPodcast or forum?AnnetteLouisan wrote: ↑Mon Mar 13, 2023 7:31 pmJoe posted recently. He’s ok.abuss368 wrote: ↑Mon Mar 13, 2023 7:26 pmIf I heard correctly, I believe JoeRetire finally made the leap and started a Podcast show. It is available on Apple or something. He talked about it before and must have made the leap. I wish Hugh well!AnnetteLouisan wrote: ↑Tue Feb 21, 2023 5:26 pm
Same here. He’s mentioned being unwell - hope he’s ok.
If the friend were wanting to put all or part of this $50k back in they could do so within 60 days of withdrawal as an indirect rollover. Apart from that they can only make annual contributions based on earned income.Mr. Potter wrote: ↑Mon Mar 13, 2023 1:46 pm My friend pulled 50k out of his Roth at 60 yo to buy a new house. If he starts putting money back into his Roth is there any additional holding period for new money? I assume no since he over 60 but I don’t think using a Roth like a bank is what they were intended for.
You would certainly know better than me.runner3081 wrote: ↑Sun Mar 12, 2023 6:23 pmDisagree. Most new hires that I have brought on before the summer have pre-planned vacations and ask for the time off. Never an issue. Why would it be?Silk McCue wrote: ↑Sun Mar 12, 2023 5:36 pm That sounds unrealistic to me and would likely be a turnoff to a prospective employer. You might need to hang in a bit longer at the current job if the vacation is a top priority.
Cheers
The removal of the advice is deafening silence. Clearly the prior advice is no longer valid.
Texas and Florida both support Partnership policies. So you would be covered in Texas and many others states as well.bob26 wrote: ↑Thu Mar 09, 2023 3:42 pm I have been following the thread with great interest. I have a basic question. What if someone in their mid-50s buys a policy in, let's say, state of FL. However, when retired moves to TX and then is in need of LTC. How would LTC policy work at this point? Would he need to move back to FL in order to collect?
Their service isn’t intended for that level of granularity. Look at their price point. Square peg, round hole. What they do offer that I and others pay for is an exceptional value.jjunk wrote: ↑Wed Mar 08, 2023 8:54 pm
Thanks for letting me know. Although I'm not sure how it wouldnt be appropriate. Isn't a part of good financial planning taking into consideration the tax consequences of different investment gains and where they are within a portfolio? It seems understanding cost basis at a granular level would allow an advisor to provide more actionable advice. But you're right, lacking those capabilities would render the service useless IMO.
That level of detail (SpecID, CD/bond ladder modeling) entry is not possible, necessary or appropriate for the intended purpose of Planvision guidance. They may not be a good fit for you.jjunk wrote: ↑Wed Mar 08, 2023 5:34 pm For those of you who are customers, how granular is the data entry for investments? For example, when you do data entry for investments can you do SpecID level entry or is it simply "this is a bond fund with XX dollars in it"? How does the service handle something like a CD/bond ladder w.r.t. data entry? Given I'm a Schwab customer, linking accounts externally voids the Schwab guarantee so I'd do it manually but it would only be useful if there was good granularity on the investments. TYIA.
I just looked at my onboarding email from 2019. It contained our names, phone number and birthdates. Certainly no social security numbers or account details.Katietsu wrote: ↑Tue Mar 07, 2023 5:20 pm
I was not emailed a copy on my onboarding survey as far as I can remember. I also do not recall that it contained anything like social security numbers or account numbers. Most of what I remember from the survey was not the kind of detailed information that would be of interest to a criminal. But it has been a few years so my memory may be off or the survey might have changed.
FYI - Advanced input options allow the selection of alternate mortality tables which will impact the recommendations.
I would say that it won’t. There is far too much competition in the marketplace and it is too easy to jump ship and go somewhere else.westie wrote: ↑Mon Mar 06, 2023 4:43 pm YouTube TV started as a cord cutter’s dream. It was only $35 when it first hit the market in 2018 with a huge selection of channels. However, the price has since jumped to $64.99, which is approaching double the launch price. YouTube TV will continue to raise their prices, before it's over they will be similarly priced to Comcast and Infinity,
Plus one.
You clearly have an axe to grind. That comment is completely off the wall and distorts the comment regarding “ and/or those loved ones responsible for the care recipient)”.
She’s 86 years old. She isn’t going to get a job. There are other ways to increase interaction with others and get out of the house which certainly can be beneficial.
She could easy live well into her 90s. The interest rate is likely very high. I can’t imagine not paying it off given the totality of the circumstances shared.AnnetteLouisan wrote: ↑Sat Mar 04, 2023 9:54 am Oh, that’s too bad. I thought the surprise was going to be that she has a lot of money. Sorry she’s in that situation. Wats the interest rate on the cards? I’d be reluctant to sell investments to pay unsecured debt for an 86 year old person.