Search found 475 matches

by Mlm
Sun Sep 27, 2020 8:38 am
Forum: Personal Consumer Issues
Topic: Severance / unemployment
Replies: 16
Views: 1674

Re: Severance / unemployment

Like you, I received a continuation of pay in NY. I applied immediately and a full six months of UI followed. (You have to submit proof that you are seeking employment). UI will request a copy of your severance agreement.
by Mlm
Fri Sep 25, 2020 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey Home Affordability Calculator
Replies: 59
Views: 4527

Re: Dave Ramsey Home Affordability Calculator

Here’s my rule of thumb Income Minus Payroll taxes Minus Health insurance Minus retirement savings Minus an annual estimate for home repairs depending on the age of the house List your must have expense Utilities,internet yard and snow stuff Wants..kids schools, Field trips, Family vacations, New ca...
by Mlm
Fri Sep 25, 2020 5:22 pm
Forum: Personal Investments
Topic: How to combine finances with your spouse? Recently married/early30s
Replies: 55
Views: 4063

Re: How to combine finances with your spouse? Recently married/early30s

What are you worried about protecting? Relative to your income, your net worth isn't that high. Don't get me wrong, you are doing awesome at this point in life, but it's not like you have a $20million dollar net worth you are trying to protect. If you commingle funds and she divorces you a year lat...
by Mlm
Tue Sep 22, 2020 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Severance and Unemployment
Replies: 9
Views: 1669

Re: Severance and Unemployment

Also in NY State. I applied right away and they asked for a copy of my severance agreement. They then calculated a date for unemployment checks to start immediately after the severance stopped. I believe the unemployment office has to do the calculation.
by Mlm
Mon Sep 21, 2020 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-husband and survivors benefits
Replies: 15
Views: 1369

Re: Ex-husband and survivors benefits

Contact the jurisdiction where he died. If you don’t want his assets but had kids together, you could disclaim any assets so they go to the kids. In that case, you might re-consider being his executor, unless you fully trust the person who was listed as the back-up executor. Thanks Celia. I know th...
by Mlm
Mon Sep 21, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-husband and survivors benefits
Replies: 15
Views: 1369

Ex-husband and survivors benefits

I was just contacted by my ex-husbands sister and informed that he passed away. We were married for more than ten years and either of us remarried. I will reach social security full retirement age in March of 2021 but had planned on waiting until 68 or 70 to file. I assume that I could file for a su...
by Mlm
Fri Sep 18, 2020 4:45 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5944

Re: Ring for a new girlfriend

I would go for a necklace and you won't have to worry about the size. Story: When I was dating my former husband he bought me a ring around the two year mark. He kept insisting that it was just a ring and not an engagement ring. We were married six months later. At the twenty year mark he bought me ...
by Mlm
Fri Aug 28, 2020 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can a landlord charge for stain removal on 14 year-old carpet?
Replies: 36
Views: 3502

Re: Can a landlord charge for stain removal on 14 year-old carpet?

If your furniture caused the stain then yes you are responsible. Sounds like you got off cheap
by Mlm
Fri Aug 28, 2020 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Pull Out Money From 401k to Buy New Home
Replies: 20
Views: 1713

Re: Pull Out Money From 401k to Buy New Home

I would save until you have 20% to put down. Interest rates are not going anywhere, except maybe down.
by Mlm
Thu Aug 20, 2020 9:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Closing US Value Fund
Replies: 43
Views: 4052

Re: Vanguard Closing US Value Fund

tibbitts wrote: Thu Aug 20, 2020 9:20 pm Also it seems odd for them to have a U.S. Growth, but not a U.S. Value active fund.
Looks like US Growth is closing too along with others..

https://www.thinkadvisor.com/2020/07/29 ... sive-fund/
by Mlm
Mon Aug 17, 2020 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank Horror Story: Is this right?
Replies: 107
Views: 8029

Re: Ally Bank Horror Story: Is this right?

Were any of your payments to him returned to your account? I use Chase and the payment comes out of my account on the day I send it. I the check is not cashed within 90 days Chase returns the funds to my account and notifies me.
by Mlm
Sun Aug 09, 2020 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Any IRMAA experts? [Income Related Monthly Adjustment Amount - Medicare]
Replies: 24
Views: 2059

Re: Any IRMAA experts?

You are only allowed one new "initial determination" based on a life changing event. After that it goes strictly off of your tax returns. If your income went back down in 2019 this should just be a one year event.
by Mlm
Sat Aug 08, 2020 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: deferred payroll tax implications?
Replies: 77
Views: 5527

Re: deferred payroll tax implications?

Chuck107 wrote: Sat Aug 08, 2020 7:29 pm Is the tax on pensions considered payroll tax?
Payroll taxes are Social Security and Medicare taxes
by Mlm
Fri Jul 24, 2020 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Calculator for determining SS benefits if retire before 62
Replies: 6
Views: 512

Re: Calculator for determining SS benefits if retire before 62

If you have your year and earnings in a spreadsheet you can upload them here:
https://ssa.tools/
by Mlm
Mon Jul 13, 2020 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help: How to check if addtl Medicare tax was withheld from pay?
Replies: 4
Views: 334

Re: Tax help: How to check if addtl Medicare tax was withheld from pay?

Medicare tax is 1.45% of your Medicare wages. So yes you did have $98 in excess withheld. The .9% applies to combined Medicare wages in excess of $250K for married filing joint. See https://www.irs.gov/newsroom/what-is-th ... ho-pays-it
by Mlm
Mon Jul 06, 2020 2:10 pm
Forum: Investing - Theory, News & General
Topic: Does it really matter when you claim Social Security
Replies: 109
Views: 9370

Re: Does it really matter when you claim Social Security

I am single and will delaying beyond FRA because --I don't currently need the money --I want a few more years to convert traditional IRA to Roth IRA.I have modeled my taxes and will get hit with a tax torpedo once social security starts. --The 8% + COLA annual adjustment that SS gives me is more tha...
by Mlm
Sun Jul 05, 2020 8:32 pm
Forum: Personal Consumer Issues
Topic: My parents want me to buy them a car... should I?
Replies: 33
Views: 2493

Re: My parents want me to buy them a car... should I?

OP, you posted before that they were closing their money pit business and selling their house. Has any of that happened? I would say "NO" unless they have shown an attempt to help themselves first. I wouldn't leave my parents hungry and homeless on the streets but your situation is getting ridiculo...
by Mlm
Sun Jul 05, 2020 7:46 pm
Forum: Personal Consumer Issues
Topic: My parents want me to buy them a car... should I?
Replies: 33
Views: 2493

Re: My parents want me to buy them a car... should I?

OP, you posted before that they were closing their money pit business and selling their house. Has any of that happened? I would say "NO" unless they have shown an attempt to help themselves first. I wouldn't leave my parents hungry and homeless on the streets but your situation is getting ridiculou...
by Mlm
Thu Jul 02, 2020 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: considering paying cash for house- What would you do?
Replies: 54
Views: 3739

Re: considering paying cash for house- What would you do?

I paid cash from my house but I was a bit older than you at the time. At your age and with today’s low interest rates I think I would take the mortgage.
by Mlm
Wed Jul 01, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: How to analyze having a paid-off mortgage in retirement?
Replies: 104
Views: 6568

Re: How to analyze having a paid-off mortgage in retirement?

When the time comes for retirement decide what allows you to sleep well at night. Everyone's situation is different.
by Mlm
Mon Jun 22, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: Using Microsoft Edge with Vanguard Site
Replies: 10
Views: 1102

Re: Using Microsoft Edge with Vanguard Site

I noticed this problem a few days ago with Chrome. If I used incognito window the problem went away. I tracked it down to an add on I was using.
by Mlm
Mon Jun 22, 2020 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate closing - what time of day of closing does ownership transfer?
Replies: 31
Views: 1704

Re: Real estate closing - what time of day of closing does ownership transfer?

I would get my stuff out the day before closing unless you have made previous arrangements with the buyers. I doubt they would have any liability for your possessions or damage that could occur. When I closed I went from the closing to the house and had all the locks changed within a few hours. You ...
by Mlm
Thu Jun 18, 2020 10:00 pm
Forum: Personal Consumer Issues
Topic: Sellers agent not letting me view property without preapproval or "proof of finances"
Replies: 189
Views: 10585

Re: Sellers agent not letting me view property without preapproval or "proof of finances"

Bogle_Bro wrote: Thu Jun 18, 2020 6:42 pm I wouldn't waste my time showing my house to someone who didn't have atleast a prequal letter. This is usually step one for serious home buying.

If I was a broker or agent, or wouldn't take on a client who was unwilling to get prequalified upfront
+1. Seller beware
by Mlm
Tue Jun 16, 2020 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Parents in a tough situation for retirement
Replies: 117
Views: 13503

Re: Parents in a tough situation for retirement

Don't let your brother run this show. I would text him back and say that you are not interested in doing any financial business with family. Period. If you have a hard time standing up for yourself please seek some support. Best wishes.
by Mlm
Fri May 29, 2020 11:55 am
Forum: Personal Consumer Issues
Topic: New iPhone SE?? has anyone bought and used one?
Replies: 30
Views: 2581

Re: New iPhone SE?? has anyone bought and used one?

I upgraded from a 6 to the SE 2020 yesterday. I really like the camera and the sound is noticeably better. Very happy so far.
by Mlm
Mon May 18, 2020 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Issue
Replies: 13
Views: 1149

Re: Social Security Issue

A Social Security Representative Payee can not be held responsible for the overpayment if they were not the representative at the time of the overpayment. If this is the case reply to SS that they were not the Rep at that time and enclose a copy of the Representative Payee approval letter. Which re...
by Mlm
Mon May 18, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Issue
Replies: 13
Views: 1149

Re: Social Security Issue

A Social Security Representative Payee can not be held responsible for the overpayment if they were not the representative at the time of the overpayment. If this is the case reply to SS that they were not the Rep at that time and enclose a copy of the Representative Payee approval letter.
by Mlm
Wed May 13, 2020 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mystery bill from dentist
Replies: 47
Views: 3290

Re: Mystery bill from dentist

What does your insurance EOB say?
by Mlm
Tue May 12, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6682

Re: Broke mother-in-law retiring due to COVID-19

Social Security (hers) - $1,550/mo at 66 yrs 2 mos, or $2,250/mo at 70 yrs Social Security (ex. spouse) - pays b/w 66 yrs to 70 yrs - $1,150/mo net If her Full Retirement Age is 66.2 years that means she was born in 1955. She would not qualify to file for a restricted application unless she was bor...
by Mlm
Tue May 05, 2020 9:49 pm
Forum: Personal Consumer Issues
Topic: can't log on [to Vanguard website]
Replies: 70
Views: 2540

Re: can't log on

I couldn't log in either - page not found. Cleared Chrome cookies and cache-still no luck. Used HELP to get a verification code and was able to sign in. Then I used a new bookmark. That worked for now.
by Mlm
Sat May 02, 2020 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me unravel my parents mess
Replies: 55
Views: 6802

Re: Please help me unravel my parents mess

Can you post the details of their annuity? Others here may be able to help them with that.
by Mlm
Sat Apr 25, 2020 10:46 am
Forum: Personal Consumer Issues
Topic: [how to help ill father-in-law who lives 1000 miles away]
Replies: 18
Views: 2151

Re: [how to help ill father-in-law who lives 1000 miles away]

OP, I'm sorry for your FIL diagnosis. As someone who is retired and lives alone, I have recently had two surgeries and am currently undergoing treatment. Slow down and take a deep breath because things are not going to move at lightning speed. 1. How old are your FIL and MIL? Are they able to unders...
by Mlm
Sat Apr 25, 2020 8:11 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25448

Re: IRS Get My Payment up and running

2beachcombers wrote: Sat Apr 25, 2020 6:53 am
Jas wrote: Sat Apr 25, 2020 6:21 am Finally was able to enter bank account information using 0 for tax refund. Apparently, bug was fixed overnight.
0 worked for me too------------------finally :dollar
Me too :D
by Mlm
Fri Apr 24, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: [recommend a basic] refrigerator
Replies: 22
Views: 1779

Re: refrigerator

When I had to replace the refrigerator in my old house it was a real hassle it could only be so wide and so tall because I had to fit into the corner of an old kitchen I finally found what I was looking for on the Internet and then I called a large local appliance repair company and ask them what we...
by Mlm
Wed Apr 15, 2020 10:43 pm
Forum: Investing - Theory, News & General
Topic: Do most Bogleheads TLH?
Replies: 55
Views: 3402

Re: Do most Bogleheads TLH?

I did a TLH for the first time this year. I had a small mutual fund investment from back in 2013 that I have been wanting to get rid of. ACA income restrictions had previously prevented me from selling but this year when there was a big drop and I was on Medicare I was actually able to get out of it...
by Mlm
Wed Apr 15, 2020 10:04 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25448

Re: IRS Get My Payment up and running

montanagirl wrote: Wed Apr 15, 2020 8:37 am I couldn't get it to work. I planned everything so we neither owed nor got a refund for 2019 and the page errs out. Will not allow neither refund nor balance due!

The same happened to me. No refund/No payment due. Errs out
by Mlm
Mon Mar 30, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: underpayment of tax penalty waiver for 2020?
Replies: 8
Views: 594

Re: underpayment of tax penalty waiver for 2020?

According to Turbo Tax: Payment timeline The IRS has established four due dates for paying estimated taxes throughout the year. Typically, the due date is the 15th for each of the months in which payments must be made. If the 15th falls on a weekend or a federal holiday, however, the due date is mov...
by Mlm
Fri Mar 27, 2020 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: How are you going to use your stimulus money?
Replies: 222
Views: 13136

Re: How are you going to use your stimulus money?

Medical bills. It's been a rough year so far.
by Mlm
Fri Mar 27, 2020 1:43 pm
Forum: Investing - Theory, News & General
Topic: Tax Efficiency of Wellesley (VWINX) distributions
Replies: 15
Views: 1404

Re: Tax Efficiency of Wellesley (VWINX) distributions

You can find this in Vanguards Tax Center. It looks like about 35% of dividends are qualified

https://investor.vanguard.com/taxes/qdi ... ncome-2019
by Mlm
Fri Mar 06, 2020 2:00 pm
Forum: Personal Investments
Topic: Parents retiring with $500k saved - Things look OK?
Replies: 83
Views: 10052

Re: Parents retiring with $500k saved - Things look OK?

geerhardusvos wrote: Fri Mar 06, 2020 11:42 am The most frustrating part is that they don't seem willing to get educated on how things work, but they don't want help...
Considering this I don't see how either you or a financial advisor can help. Maybe just encourage them to understand their current expenses.
by Mlm
Wed Mar 04, 2020 9:22 pm
Forum: Personal Investments
Topic: Partial Roth conversion
Replies: 11
Views: 725

Re: Partial Roth conversion

celia wrote: Wed Mar 04, 2020 5:21 pm
You don’t even have to sell and re-purchase in Roth if you transfer shares in-kind. However, at Vanguard, that can only be done by mailing in a form.
I did Roth conversions last year and again a few days ago online at Vanguard.
by Mlm
Wed Feb 19, 2020 8:54 pm
Forum: Personal Investments
Topic: 60 y/o MIL, $200k in savings
Replies: 10
Views: 2025

Re: 60 y/o MIL, $200k in savings

It's too late to try to make up for the missed savings. What money she has needs to be kept safe while at least keeping up with inflation. If she is asking for your advice you need her full financial picture, especially about the house.
by Mlm
Tue Feb 04, 2020 12:17 pm
Forum: Personal Investments
Topic: FIRED!! [Unexpectedly laid off]
Replies: 59
Views: 12901

Re: FIRED!!

OP, The same thing happened to me on my 27th anniversary with the same company. I was almost 62, single and planned to retire at 65. I was eager to find something else even if it was on a lesser scale. In fact, my first post was about this very thing. My severance pay, six months of unemployment and...
by Mlm
Thu Jan 23, 2020 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: A thumb-rule for buying a house.
Replies: 20
Views: 1970

Re: A thumb-rule for buying a house.

No one knows your expenses and savings goals except you. Try laying out a budget that will get you from here to where you want to be at retirement. Single? Student loans? Car loans? Six kids? Emergency fund? It all matters when developing your own personal budget. Don’t take any short cuts and buy w...
by Mlm
Wed Jan 22, 2020 7:52 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 27965

Re: Sad news: LadyGeek's husband has passed

My sincere condolences. You've been through a lot, please take care of yourself now.
by Mlm
Wed Jan 22, 2020 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: House buying decision. To buy or not
Replies: 4
Views: 522

Re: House buying decision. To buy or not

I wouldn't buy unless I was committed to staying in the house for at least 5 years. There a lot of hidden costs in owning and selling a house. I wouldn't have the :dollar sitting in a savings account either.