Search found 125 matches

by seymore92
Fri Jul 10, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: 8/24/2020: TD Ameritrade Dividend Reinvestment (DRIP) to be same day
Replies: 5
Views: 328

8/24/2020: TD Ameritrade Dividend Reinvestment (DRIP) to be same day

The following verbiage was included on my monthly TD Ameritrade statements for June that starting August 24, 2020 dividends will be reinvested "as early as the dividend payable date". Previously the dividend reinvestment would generally occur sometime the following business day. Earlier Payout Date ...
by seymore92
Fri Jul 10, 2020 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab as a one stop shop
Replies: 76
Views: 11797

Re: Schwab as a one stop shop

Is anyone able to do automatic monthly investments into Vanguard mutual funds at Schwab? I recently moved some of my accounts to Schwab for a promotion and to try out their platform. Thus far, I'm not a fan of their interface, and I'll admit that this is partially due to being a Vanguard customer f...
by seymore92
Thu Jul 09, 2020 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Basis
Replies: 8
Views: 622

Re: Roth IRA Basis

Alan, Thanks for the explanation. The Roth contributions go back many years. I don't think I have records of how much was contributed. Where would I find these records, and what happens if I cannot find them? I believe you would find the records of contributions on Form 5498 each year, or on IRS wa...
by seymore92
Wed Jul 08, 2020 8:09 pm
Forum: Personal Investments
Topic: Verifying Gold Coins are not counterfeit
Replies: 25
Views: 1543

Re: Verifying Gold Coins are not counterfeit

Re: Archimedes: There have been fakes that make sure the volume and density match real gold. Do I have to explain how that might be done? An internet search with "gold coin testing authenticity" gives one some ideas, but I imagine that "verifying gold coins are not counterfeit" would also lead to t...
by seymore92
Tue Jun 30, 2020 2:16 pm
Forum: Personal Investments
Topic: Buying I-bonds with tax refund
Replies: 10
Views: 831

Re: Buying I-bonds with tax refund

1. As long as your SSN is the one it's issued to (even if MFJ, one spouse is "lead" and the bond will come in their SSN) then you can deposit it to your account. You can hold bonds in your individual account that have other co owners on them. See TD instructions for how to do this 2. Depends on you...
by seymore92
Wed Jun 17, 2020 11:53 am
Forum: Personal Finance (Not Investing)
Topic: wells Fargo and cash
Replies: 12
Views: 641

Re: wells Fargo and cash

Answer: Since covid-19. Where do you live where a bank takes cash anymore? Many stores and restaurants don't take cash either. It is filthy dirty and transmits disease. A year ago, I deposited a big hunk of cash at a WellsFargo bank office that I had never been to in foreign state. The reason was b...
by seymore92
Thu Jun 04, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 estimated tax dates
Replies: 30
Views: 2217

Re: 2020 estimated tax dates

It seems that the 2nd quarter estimated tax payment deadline has also been extended to July 15. From this news release : Besides the April 15 estimated tax payment previously extended, today’s notice also extends relief to estimated tax payments due June 15, 2020. This means that any individual or ...
by seymore92
Thu Jun 04, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: can I shorten a pdf file?
Replies: 35
Views: 2060

Re: can I shorten a pdf file?

In Safari on iPad or iPhone: Select Print from the upload icon on upper right of title bar. Select page range that you want to keep. Pinch to zoom in on any page. Click upload icon and select Save to Files. Choose folder and name to save the new PDF on your iCloud Drive. Click Done and Cancel to go...
by seymore92
Thu Jun 04, 2020 8:30 am
Forum: Personal Consumer Issues
Topic: can I shorten a pdf file?
Replies: 35
Views: 2060

Re: can I shorten a pdf file?

Do you have a Mac? Open the PDF in preview and in the thumbnail pane you can select and delete any page(s) and save.
by seymore92
Wed May 13, 2020 3:27 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 11434

Re: Dentist charges $10 for PPE

That’s ridiculous. I’d go buy a 50 cent surgical mask and 10 cent nitrile gloves and give them to the dental office and demand a refund. $10 is just absurd. Where are you finding 50 cent surgical masks? Please let me know, I would like to buy a bunch. 50 for 26.99 = $0.54 ea w/ free shipping https:...
by seymore92
Sun Apr 12, 2020 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Quarterly Taxes
Replies: 43
Views: 2581

Re: Quarterly Taxes

For those who say they will pay for everything in July, you'll be late with your Q2 taxes. The Q2 deadline has not changed. yes, it has........ https://www.bogleheads.org/forum/viewtopic.php?t=311208 Relevant passage: Estimated Tax Payments Besides the April 15 estimated tax payment previously exte...
by seymore92
Thu Mar 12, 2020 9:41 am
Forum: Personal Investments
Topic: Running out of TLH Partners!
Replies: 13
Views: 830

Re: Running out of TLH Partners!

I’ve used VTHR and SCHB for total US partners
by seymore92
Wed Feb 26, 2020 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching kids about saving money and investing
Replies: 48
Views: 3529

Re: Teaching kids about saving money and investing

This may be a way. When I was in 5th grade at my Catholic elementary school my teacher would break out the newspaper business section/stock quotes (this was long ago) and have groups of us pick out stocks we looked at and invested a fictitious sum. We would do it once a week by tracking what stocks...
by seymore92
Tue Feb 25, 2020 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Withholding - Direct Rollover
Replies: 9
Views: 350

Re: Tax Withholding - Direct Rollover

It is a strange (really, irrelevant) question for them to be asking in this case, because there is no tax consequence to a direct rollover. That is why people are questioning whether the transaction is being requested or interpreted properly. Is there a link to the PDF of the blank form you can post?
by seymore92
Tue Feb 25, 2020 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Withholding - Direct Rollover
Replies: 9
Views: 350

Re: Tax Withholding - Direct Rollover

They just use a distribution form that has a number of options to select from(normal, early, traditional IRA to 401k rollover). I have discussed this with them multiple times. The option that I have selected for them is a Traditional IRA to 401k rollover. They note that it will be then coded G. Lat...
by seymore92
Tue Feb 25, 2020 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: logistics of buying house with "cash"
Replies: 20
Views: 2633

Re: logistics of buying house with "cash"

I have always had a mortgage when buying a house. If I sell my non-tax-deferred mutual funds and place the proceeds in an online savings account such as Marcus, how do I actual pay at closing? Do I do a wire transfer? . We paid with personal check for the deposit with our offer, then did a wire at ...
by seymore92
Tue Feb 25, 2020 3:06 pm
Forum: Personal Investments
Topic: Time to Tax-loss harvest?
Replies: 14
Views: 1194

Re: Time to Tax-loss harvest?

I have "heard" that accounts you control for anyone in your household would be considered in scope, but I cannot find language in Pub 550 to support that concern (personally I avoid it). Interesting. I have also "heard" that it applies to any household accounts, so I have acted accordingly to be ca...
by seymore92
Sun Feb 16, 2020 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Visa rebate reverted to 3% cash back
Replies: 15
Views: 3254

Re: Chase Amazon Prime Visa rebate reverted to 3% cash back

quantAndHold wrote:
Fri Feb 14, 2020 3:44 pm
Checks...

Nope, still 5%.
+1
by seymore92
Thu Feb 13, 2020 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Rate Summarizations
Replies: 4
Views: 869

Tax Rate Summarizations

I've personally found tax year summarization PDFs helpful to see brackets & various limits in one place. I'm posting a couple examples here for Tax Year 2020. https://www.putnam.com/literature/pdf/II989.pdf http://www.bairdfinancialadvisor.com/thepennvalentegroup/mediahandler/media/288594/2020-Tax-F...
by seymore92
Thu Feb 13, 2020 7:35 pm
Forum: Personal Investments
Topic: Index Investing Primer (Request for feedback)
Replies: 35
Views: 2152

Re: Index Investing Primer (Request for feedback)

Hi everyone! Over the past year, I have been lucky enough to discover the indexing approach to investing. As I was learning about it (from a number of books, as well as from a lot of people here on this site), I realized that there are a number of people---family and friends---in my life that could...
by seymore92
Tue Feb 11, 2020 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: "Large" employer health insurance requirement
Replies: 13
Views: 826

"Large" employer health insurance requirement

I have a friend who is a full-time private school teacher at a religious school. He is not offered any health insurance option. The school has at least 50 full-time employees so I believe would qualify as a "large" employer. Is there any reason the school would not need to offer health insurance?
by seymore92
Tue Feb 11, 2020 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Employer refuses to put holiday gift on W-2
Replies: 60
Views: 5256

Re: Employer refuses to put holiday gift on W-2

Who is correct here? I still feel like I'm correct based on everything I've read, but it's hard when you're going up against someone who's supposedly a professional in this stuff. It also makes me feel guilty for making a fuss over a gift. Your conscience is right, you are making a fuss over a gift...
by seymore92
Tue Feb 11, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Employer refuses to put holiday gift on W-2
Replies: 60
Views: 5256

Re: Employer refuses to put holiday gift on W-2

you are correct, any cash gift over $75 is supposed to be included on your W2. But since it is not and HR refuses to issue Amended W2's, you have two choices: 1) add it to Other Income; 2) ignore it. Isn't option 2: "ignoring it" illegal? Aren't the legal options to either add it to Other income or...
by seymore92
Sun Feb 09, 2020 10:02 pm
Forum: Personal Consumer Issues
Topic: Messages Posted on Rural Mailbox: Allowed or Not?
Replies: 12
Views: 1894

Re: Messages Posted on Rural Mailbox: Allowed or Not?

USPS clearly says no here: https://faq.usps.com/s/article/Restrictions-for-attaching-flyers-posters-etc-to-a-mailbox The top of that page is about putting a flyer in someone's mailbox. The bottom of the page refers to affixing a flyer to a USPS Collection Box (that's different than someone's mailbo...
by seymore92
Fri Feb 07, 2020 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

Frustrating. And probably no way to move up the chain for a supervisor. Indeed. I did finally get through to a helpful and competent supervisor who updated the incorrect coding on the original transfer (surprise). Corrected 5498 to come by May 2020 but I have their ledger document showing the chang...
by seymore92
Fri Feb 07, 2020 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

They still maintain that even though they are direct rollovers from a 401k to IRA and Roth 401k to Roth IRA, they are still "trustee to trustee transfers": Direct trustee-to-trustee transfers are not limited only to transfers from one brokerage IRA to another. When funds are directly rolled over fr...
by seymore92
Wed Feb 05, 2020 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

They still maintain that even though they are direct rollovers from a 401k to IRA and Roth 401k to Roth IRA, they are still "trustee to trustee transfers": Direct trustee-to-trustee transfers are not limited only to transfers from one brokerage IRA to another. When funds are directly rolled over fr...
by seymore92
Wed Feb 05, 2020 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

They still maintain that even though they are direct rollovers from a 401k to IRA and Roth 401k to Roth IRA, they are still "trustee to trustee transfers": Direct trustee-to-trustee transfers are not limited only to transfers from one brokerage IRA to another. When funds are directly rolled over fr...
by seymore92
Tue Feb 04, 2020 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

They still maintain that even though they are direct rollovers from a 401k to IRA and Roth 401k to Roth IRA, they are still "trustee to trustee transfers": Direct trustee-to-trustee transfers are not limited only to transfers from one brokerage IRA to another. When funds are directly rolled over fro...
by seymore92
Fri Jan 31, 2020 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring securities to a brokerage firm
Replies: 15
Views: 729

Re: Transferring securities to a brokerage firm

Asking for a complete statement when transferring securities is standard industry practice. Vanguard asks for the same thing. I haven't dealt with Chase or Vanguard yet, but I have transferred assets between Wells Fargo, Merrill Edge, E-Trade and Fidelity. None of them have ever asked me for a stat...
by seymore92
Fri Jan 31, 2020 3:13 pm
Forum: Personal Investments
Topic: Kiddie Tax Changes and UTMA Accounts
Replies: 32
Views: 2263

Re: Kiddie Tax Changes and UTMA Accounts

The latest, I believe: https://www.forbes.com/sites/leonlabrecque/2020/01/09/bonus-round-in-the-secure-act-the-kiddie-tax-glitch-is-fixed-and-it-can-save-families-thousands-in-taxes/#53baf10d106d There is nothing new in that link. It is simply restating what was known shortly after the budget bill ...
by seymore92
Fri Jan 31, 2020 2:32 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 61
Views: 5962

Re: No Bonds? Late 30s, early 40s?

The book a Random Walk Down Wall Street discusses the efficient frontier nicely too. It’s an unintuitive concept for sure.
by seymore92
Fri Jan 31, 2020 2:16 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 61
Views: 5962

Re: No Bonds? Late 30s, early 40s?

Non-Roth (traditional) 401k/IRÁ for bonds. Roth for your stocks! If something isn’t going to grow much (bonds) you want that to be the traditional tax-deferred 401k/ira space which will be taxed when you convert/withdraw. You want your gains to be tax-free as much as possible. So all my iRA is bonds...
by seymore92
Fri Jan 31, 2020 2:07 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 61
Views: 5962

Re: No Bonds? Late 30s, early 40s?

I’m in a similar position (age) as OP. I refer to this vanguard page and note in the Growth section that the average return for a 100/0 vs 80/20 is close (0.7% difference), with the 80/20 having a much smaller worst-case historical downturn. https://personal.vanguard.com/us/insights/saving-investing...
by seymore92
Thu Jan 30, 2020 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

I trustee-to-trustee transferred my employer Roth 401k to my Roth IRA in 2019. That's a rollover right? My Roth IRA Form 5498 for Tax Year 2019 shows $0.00 in Box 2 - Rollover contributions. Should that amount be non-zero (the amount transferred) or is the form 5498 as generated correct? Thanks! Sc...
by seymore92
Fri Jan 24, 2020 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

A trustee to trustee transfer is a transfer. A rollover is when they send you a check which you then deposit in the destination account. When I moved my Roth IRA a few years ago, it was a trustee to trustee transfer, and the rollover box on the 5498 was 0. I'm a little curious that you got a 5498 f...
by seymore92
Thu Jan 23, 2020 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

You should receive two forms: 1) Form 1099R from your 401k provider. It should show the amount in Box 1 and code G in box 7 to indicate a direct rollover 2) Form 5498 from your IRA provider. It should show the same amount in Box 2 Hope this helps! Others chime in if I missed anything. So I didn’t r...
by seymore92
Thu Jan 23, 2020 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

I trustee-to-trustee transferred my employer Roth 401k to my Roth IRA in 2019. That's a rollover right? My Roth IRA Form 5498 for Tax Year 2019 shows $0.00 in Box 2 - Rollover contributions. Should that amount be non-zero (the amount transferred) or is the form 5498 as generated correct? Thanks! Sc...
by seymore92
Thu Jan 23, 2020 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

You should receive two forms: 1) Form 1099R from your 401k provider. It should show the amount in Box 1 and code G in box 7 to indicate a direct rollover 2) Form 5498 from your IRA provider. It should show the same amount in Box 2 Hope this helps! Others chime in if I missed anything. So I didn’t r...
by seymore92
Thu Jan 23, 2020 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

A trustee to trustee transfer is a transfer. A rollover is when they send you a check which you then deposit in the destination account. When I moved my Roth IRA a few years ago, it was a trustee to trustee transfer, and the rollover box on the 5498 was 0. I'm a little curious that you got a 5498 f...
by seymore92
Thu Jan 23, 2020 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Re: Roth IRA Form 5498 Box 2 - rolled over Roth 401k

If you have a form 5498 in hand at this date it's for the preceeding year ending April 15th of this calendar year (but not tax year). That's to allow for contributions and transfers after Jan 1 and up to the tax deadline. So your rollover will show up on a 5498 some time this April or May. It’s fro...
by seymore92
Thu Jan 23, 2020 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Form 5498 Box 2 - rolled over Roth 401k
Replies: 24
Views: 1256

Roth IRA Form 5498 Box 2 - rolled over Roth 401k

I trustee-to-trustee transferred my employer Roth 401k to my Roth IRA in 2019. That's a rollover right?

My Roth IRA Form 5498 for Tax Year 2019 shows $0.00 in Box 2 - Rollover contributions. Should that amount be non-zero (the amount transferred) or is the form 5498 as generated correct?

Thanks!
by seymore92
Thu Jan 23, 2020 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Are there brokerages who report qualified dividends in real-time?]
Replies: 23
Views: 287

Re: 1099-Div not matching VG distributions

I don't think any software "asks" about this. It would have to be a manual adjustment of the Qualified Dividend amount on the 1099-Div; the software will take it from there since it has the total div amount already (which doesn't change). And the IRS doesn’t seem to mind that the 1099-DIV qualified...
by seymore92
Thu Jan 23, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: [Are there brokerages who report qualified dividends in real-time?]
Replies: 23
Views: 287

Re: 1099-Div not matching VG distributions

I don't think any software "asks" about this. It would have to be a manual adjustment of the Qualified Dividend amount on the 1099-Div; the software will take it from there since it has the total div amount already (which doesn't change). And the IRS doesn’t seem to mind that the 1099-DIV qualified...
by seymore92
Thu Jan 23, 2020 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: [Are there brokerages who report qualified dividends in real-time?]
Replies: 23
Views: 287

Re: 1099-Div not matching VG distributions

I found this statement on one of Vanguard's info brochures: Your “personal QDI” is the QDI reported to you in Box 1b, reduced (if necessary) by dividends for which you didn’t meet the holding-period requirement. Which would seem to indicate that perhaps they take holding period into account for the...
by seymore92
Thu Jan 23, 2020 3:45 pm
Forum: Personal Consumer Issues
Topic: Baby registry "must haves"?
Replies: 64
Views: 3376

Re: Baby registry "must haves"?

One item we found invaluable over the first year or so was the bulb syringe (snot sucker) we brought home with us from the hospital. When we had our first, someone told us to raid the hospital cart that'll be in your room - that it's basically your stuff (at least that's what we were told) - ask a ...
by seymore92
Thu Jan 23, 2020 3:40 pm
Forum: Personal Consumer Issues
Topic: Baby registry "must haves"?
Replies: 64
Views: 3376

Re: Baby registry "must haves"?

We also happily used the Chicco key fit for many years. The stroller add-on was well worth it. Always "click-and-check" - make sure you hear the clicking sound when it snaps in the base.
by seymore92
Thu Jan 23, 2020 3:39 pm
Forum: Personal Consumer Issues
Topic: Anybody else have trouble with USPS Informed Delivery?
Replies: 36
Views: 4064

Re: Anybody else have trouble with USPS Informed Delivery?

Yes! It always is the most "significant"/out-of-the-ordinary piece of mail that doesn't show up. Today the missing piece that was imaged, but did not arrive, of course, was the local city speed camera violation citation apparently coming my way. At least I basically know what I'm expecting there. :a...
by seymore92
Thu Jan 23, 2020 3:32 pm
Forum: Personal Consumer Issues
Topic: Baby registry "must haves"?
Replies: 64
Views: 3376

Re: Baby registry "must haves"?

- A digital thermometer that scans the head. Useful while child is asleep. I still use this one even with the older kids because it's so fast and easy to take everyone's temperature when something is going around the house. https://www.amazon.com/Withings-Thermo-Temporal-Thermometer-Suitable/dp/B072...
by seymore92
Sun Jan 19, 2020 10:07 pm
Forum: Personal Consumer Issues
Topic: Time to get a bearded dragon?!
Replies: 57
Views: 4678

Time to get a bearded dragon?!

Mrs. Seymore92 wants to get a bearded dragon or other reptile as a family pet. She thinks it'd be great for the kids and an easy pet to have. I don't. We have 4 kids under 8. This would be our first foray into pet ownership. She told me to post on that Bogleheads site I always frequent because she t...