Search found 30 matches

by Hoosier CPA
Tue Jun 26, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: Costco tire - Michelin vs Bridgestone
Replies: 44
Views: 20179

Re: Costco tire - Michelin vs Bridgestone

I think the Michelin primacy's are a better tire than the defender. I had the defender once and returned them. The advantage of the defender is the mileage rating, but with the miles you drive that's not an issue. I currently have the primacy's on an altima and an odyssey, both bought from Costco. I...
by Hoosier CPA
Mon Jun 18, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: maximzing HSA contributions when changing jobs
Replies: 8
Views: 588

Re: maximzing HSA contributions when changing jobs

This might be a dumb question - but please confirm that HSA contributions reduce FICA taxes regardless of whether the contribution is made via payroll (with-holdings) or made directly to the HSA account. In the latter, the tax savings would be provided when the tax return is filed. The HSA contribu...
by Hoosier CPA
Mon Jun 18, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: maximzing HSA contributions when changing jobs
Replies: 8
Views: 588

Re: maximzing HSA contributions when changing jobs

This might be a dumb question - but please confirm that HSA contributions reduce FICA taxes regardless of whether the contribution is made via payroll (with-holdings) or made directly to the HSA account. In the latter, the tax savings would be provided when the tax return is filed.
by Hoosier CPA
Sun Jun 17, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: maximzing HSA contributions when changing jobs
Replies: 8
Views: 588

maximzing HSA contributions when changing jobs

We have been maxing out our HSA contributions the past few years, both for the tax benefits and because we have a lot of medical expenses. I am now in the process of changing jobs and wanted to figure out how to best max the HSA contributions for 2018. My previous job ended on May 15. The megacorp c...
by Hoosier CPA
Tue May 08, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Recommendation For Shirts
Replies: 36
Views: 2546

Re: Recommendation For Shirts

Stafford at JC Penney
by Hoosier CPA
Thu Apr 26, 2018 8:13 pm
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4527

Re: Is my computer obsolete?

The thread has derailed on a general discussion of several computer (and computer security) topics. Also, a rant on Page 1 of this thread regarding time charging policy at work. Please stay on-topic. Here is the OP's question: I'm not sure if this is the right place for a question like this, but I'...
by Hoosier CPA
Wed Apr 25, 2018 9:52 pm
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4527

Re: Is my computer obsolete?

One thing I'm concerned about here is the security issues mentioned by several. I would use it for most of my financial transactions, plus the work I do for the church's finances. Windows 10 is more secure? I currently use my work computer for all of this, which has Windows 7, but also is supported ...
by Hoosier CPA
Wed Apr 25, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: Does anyone have Cali Bamboo flooring? Your experience?
Replies: 19
Views: 1871

Re: Does anyone have Cali Bamboo flooring? Your experience?

We purchased Cali bamboo (solid not engineered) about a month ago in most of our main level. House is in Indiana. Bought it from Lowes and bought the installation from them too. We're happy with how it turned out although it's too early to tell how it will hold up. We're new at home improvement. Con...
by Hoosier CPA
Wed Apr 25, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4527

Re: Is my computer obsolete?

Thank for all the quick replies. I'd use it for fairly easy tasks for a computer: web browsing, personal finance, Quickbooks use (I help out with our church's financials). It does not have a SSD. I'd like to run a 2nd monitor off it also. It's big and heavy compared to newer machines but that's not ...
by Hoosier CPA
Wed Apr 25, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4527

Is my computer obsolete?

I'm not sure if this is the right place for a question like this, but I'm wondering if I should replace an old computer or if there are steps I can take to make it more current. It's a Dell Vostro from around 2012. Processor is: i5-2450 @ 2.50 ghz. 6.0 GB RAM. Hard drive is 700 GB. It's running Wind...
by Hoosier CPA
Sun Feb 04, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: 529 for private elementary school?
Replies: 26
Views: 1968

Re: 529 for private elementary school?

I'm interested in this topic. Indiana provides a 20% tax credit for 529 contributions up to $5,000 (max state credit $1,000/year). I don't know yet if a withdrawal from the Indiana 529 plan used to pay for K-12 would result in some kind of clawback on this credit. I don't think anyone knows this for...
by Hoosier CPA
Tue Nov 21, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Certified Financial Planner (CFP) fees
Replies: 18
Views: 2113

Re: Certified Financial Planner (CFP) fees

Jack FFR1846 wrote:
Tue Nov 21, 2017 10:44 am
1) set up 3 fund
2) just stand there
3) pay $400 a year for ERs
4) review in 5 years
What are ERs?
by Hoosier CPA
Tue Nov 21, 2017 12:06 am
Forum: Personal Consumer Issues
Topic: Trip to Hawaii - what do I need to know
Replies: 54
Views: 6551

Trip to Hawaii - what do I need to know

Thinking about a trip to Hawaii next Fall for our 15 anniversary. I know nothing about Hawaii except that my wife would love to go there. Wondering if anyone has any recommendations for a starting point for planning this trip.
by Hoosier CPA
Sun Nov 19, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living adjustment during salary negotiations
Replies: 5
Views: 805

Re: Cost of living adjustment during salary negotiations

Unless you are moving with the same company, I don't think what you make now with your current company in your current location has any bearing on what is fair for a different company to pay you in a different location. My company is in the process of relocating my position (along with all in our of...
by Hoosier CPA
Fri Oct 27, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Planning for (forced) job change
Replies: 2
Views: 515

Planning for (forced) job change

I’m sure some of you have been through this situation before so I thought I’d ask for advice. I work in corporate finance for a megacorp. The company I work for recently announced it is closing our office in May and moving the jobs to an office in another city. I was offered relocation but am not in...
by Hoosier CPA
Wed Oct 25, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: accounting software for churches?
Replies: 24
Views: 2228

Re: accounting software for churches?

We use Quickbooks (not the online version). It works fairly well. The issue with it is it's not the best for fund accounting. I've thought about looking for an alternative built for churches or non profits, but I would be concerned about reliability. Do you have multiple users? Our organization is ...
by Hoosier CPA
Wed Oct 25, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Hyatt Legal first hand experiences ? (new Employer benefit)
Replies: 14
Views: 2426

Re: Hyatt Legal first hand experiences ? (new Employer benefit)

I used it for a year at work and had a will prepared for my wife and me. We had a great experience with it. I thought the lawyer we worked with was very comprehensive and set up a great set of documents for us.
by Hoosier CPA
Wed Oct 04, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: accounting software for churches?
Replies: 24
Views: 2228

Re: accounting software for churches?

We use Quickbooks (not the online version). It works fairly well. The issue with it is it's not the best for fund accounting. I've thought about looking for an alternative built for churches or non profits, but I would be concerned about reliability.
by Hoosier CPA
Tue Sep 26, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: 20% Down Payment Sub-optimal?
Replies: 55
Views: 5706

Re: 20% Down Payment Sub-optimal?

I'm new here, and I don't get paid to figure this stuff out, but you can't do a proper analysis of ROI without considering risk. You state that if the housing market goes bust, you'll still have your S&P investments, but those would like go down also in the event of a real estate bust, perhaps at a ...
by Hoosier CPA
Thu Aug 24, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: help with picking program to manage budget
Replies: 11
Views: 1011

Re: help with picking program to manage budget

There are a lot of discussions on here about various software programs for managing spending and budgeting. I'd like to pick a program and really dive into it and use it. My primary goals are (1) to start track spending by category and once we have a better sense of that (2) prepare a spending plan...
by Hoosier CPA
Thu Aug 24, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: help with picking program to manage budget
Replies: 11
Views: 1011

Re: help with picking program to manage budget

Given that your a CPA, what about excel? I personally like free :happy Yeah I do use Excel all day long, and I do a lot of work with budgeting at work on a volunteer basis with a non profit. The issue I've had in the past using Excel for tracking home/household expenses is the tediousness of manual...
by Hoosier CPA
Thu Aug 24, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: help with picking program to manage budget
Replies: 11
Views: 1011

help with picking program to manage budget

There are a lot of discussions on here about various software programs for managing spending and budgeting. I'd like to pick a program and really dive into it and use it. My primary goals are (1) to start track spending by category and once we have a better sense of that (2) prepare a spending plan ...
by Hoosier CPA
Tue Jun 06, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 5147

Re: Budgeting

For those who use Excel to track spending vs budget, how do you update your spreadsheet with actual transactions? Manually entering them or downloading them periodically and formatting them, etc. has always held back my attempts to budget in Excel. I haven't committed the time to invest in using Qui...
by Hoosier CPA
Mon Jun 05, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Power percentage: A more effective metric of financial performance than savings rate?
Replies: 47
Views: 4658

Re: Power percentage: A more effective metric of financial performance than savings rate?

I listen to Pete the Planner while commuting sometimes also. My understanding is the power percentage is best viewed as a metric for how effectively someone is using their earned income over a given, shorter term period of time - I think of it as a one year time frame. For example, I can see how I d...
by Hoosier CPA
Mon May 08, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 20
Views: 2541

Re: Best way to obtain older ROTH contribution #'s

Thanks - yes, I've been good about keeping all the documentation the past ten years or so - there's just some years in the early 00's I don't have the info. We likely won't have a need to pull that money out but still I'd like to have the records, just in case. I'll probably start with Wells Fargo a...
by Hoosier CPA
Sun May 07, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 20
Views: 2541

Best way to obtain older ROTH contribution #'s

My wife has a ROTH IRA which has been transferred twice and is now at Vanguard. Prior to Vanguard, I don't have records of the contributions that were made to her account, and those accounts have closed. Is there any way to determine what those contributions were? I don't plan to withdraw the funds ...
by Hoosier CPA
Wed Nov 23, 2016 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 1130

Re: Individual disability in addition to group disability

Will the association have the same income to coverage limits? I think it will. As I understand it, I have "excess" coverage now just because I bought the individual policy when I had no coverage, and then the group coverage was added on top of that (out of my control as it is a benefit that I could ...
by Hoosier CPA
Wed Nov 23, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 1130

Re: Individual disability in addition to group disability

It's regular income, so it would be on my W-2.
by Hoosier CPA
Wed Nov 23, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 1130

Re: Individual disability in addition to group disability

Thanks for the answers already. My bonus isn't guaranteed - it's more of a profit share. We'll likely have a payout of about 80% this year (80% of 20%). Does that mean it doesn't count for determining how much coverage I am eligible for? From looking at the NWM policy - it is regular occupation, has...
by Hoosier CPA
Tue Nov 22, 2016 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 1130

Individual disability in addition to group disability

First time poster; long time lurker. Have a question about how much disability coverage I can buy or what I should buy. I have individual coverage through NMW that I purchased while working at a job that doesn't provide disability coverage. The amount is about $3,400 per month currently and increase...