Search found 194 matches

by prd1982
Fri Dec 13, 2019 3:57 pm
Forum: Investing - Theory, News & General
Topic: Invesco Shuttering 42 ETFs, Oh no!
Replies: 17
Views: 1582

Re: Invesco Shuttering 42 ETFs, Oh no!

My guess is that mergers of ETFs would have little in the way of tax consequences but again I don't know for sure. I searched the internet for articles on this, and they were clearly indicating Invesco was liquidating early 2020. Owners could sell until then, although I cannot imagine who would buy...
by prd1982
Fri Dec 13, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth raising LTCi premiums 150% over next 5-7 years
Replies: 10
Views: 1109

Re: Genworth raising LTCi premiums 150% over next 5-7 years

We plan to request at least 150% in additional premiums over the next 5-7 years. So they are going to request that you eventually pay 2.5 times what you pay now? I cannot find the letter I got from them last year but I thought it said it was going to ask for a 50% raise, so I would be paying 150% o...
by prd1982
Fri Dec 13, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: Invesco Shuttering 42 ETFs, Oh no!
Replies: 17
Views: 1582

Re: Invesco Shuttering 42 ETFs, Oh no!

Is this a downside of ETFs (or maybe index funds) in taxable? People having these ETFs in taxable accounts will owe taxes on any gains once sold. For mutual funds (at least active ones), I usually see the fund merged into another similar fund with no tax consequences.
by prd1982
Wed Dec 11, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: The Index Myth
Replies: 47
Views: 4721

Re: The Index Myth

More interesting would be to compare a buy-and-hold approach over a reasonable period with a reasonable accumulation/decumulation model and a reasonable tax model . I would be ok with not including tax drag if the paper indicated it. My assumption is that most US investors have most of their invest...
by prd1982
Wed Dec 11, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: The Index Myth
Replies: 47
Views: 4721

Re: The Index Myth

Doesn't the article compare all active funds to the SP500? So, in periods when US large cap stocks are having a bad period, all the active funds that are heavy in non-US or bonds would win. I would think the correct comparison is active funds to a set of index funds with the same characteristics (e....
by prd1982
Fri Dec 06, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Declining Customer Service AT&T
Replies: 24
Views: 1332

Re: Declining Customer Service AT&T

... but reading this thread makes me think it is just AT&T's lack of sufficient CSRs to deal with normal volume of calls. Since this forum has many IT folks -- Perhaps the problem was a mistake by IT development that created so many problems that the call volume overwhelmed the service reps. Its no...
by prd1982
Wed Dec 04, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: how much to tip the cleaning lady
Replies: 76
Views: 4791

Re: how much to tip the cleaning lady

We have a service, rather than an individual. We get the same person most sessions. But this is a high turnover job. So year-end bonuses were really difficult since it could be a new person, or one just there a couple of sessions. So we switched to giving out the YE bonus across the year's session. ...
by prd1982
Sat Nov 30, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA & RMD
Replies: 18
Views: 1533

Re: IRMAA & RMD

retiredjg wrote:
Sat Nov 30, 2019 4:05 pm
Maybe you could lower your MAGI a different way? Maybe you can't do the qualified charitable donation, but could do an ordinary charitable donation enough to lower it?
That will not help. Deductions occur after MAGI is determined.
by prd1982
Sat Nov 23, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Inflation to use for retirement projections
Replies: 23
Views: 1243

Re: Inflation to use for retirement projections

I find it easier to just work with real, inflation-adjusted numbers for expenses, income, portfolio returns, etc. I agree. However, I think you should also show the results assuming a 2% or 3% inflation rate, just to get a sense of the size your portfolio should be when you retire. I know we have a...
by prd1982
Sat Nov 23, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Underpayment of tax penalty?
Replies: 37
Views: 2276

Re: Underpayment of tax penalty?

But that form can't be used if estimated tax payments were made (unless equally for all 4 quarters). I see that. Again, if the underpayment penalty is the only reason for a CPA, don't make an estimated payment, and then use the shortcut method. Definitely cheaper than a CPA. But you should try the ...
by prd1982
Sat Nov 23, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Underpayment of tax penalty?
Replies: 37
Views: 2276

Re: Underpayment of tax penalty?

Since you cannot have withholding = 110% of last year's tax (I assume you are high income and exceed the limit for only needing 100% of last year), you cannot use this safe harbor method. Therefore, I would suggest calculating your estimated taxes, and make sure you make an estimated payment by 1/15...
by prd1982
Thu Nov 21, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Home answering system that doesn't record blank messages
Replies: 10
Views: 698

Home answering system that doesn't record blank messages

I have a landline answering machine + multiple phones. It works great with one exception -- When I get a spam call that goes to the answering machine, the spammer often hangs up without leaving a message. But my answering machine still treats this as a message to record. So I end up having to go thr...
by prd1982
Thu Nov 14, 2019 9:28 pm
Forum: Personal Consumer Issues
Topic: Forgot to pay Kohl's bill for two months, consequences?
Replies: 36
Views: 2461

Re: Forgot to pay Kohl's bill for two months, consequences?

I had a similar situation a couple of years ago. But a few months later, Kohl's added autopay from a checking account. You need to go to kohls.com and sign on to Kohl's by clicking the Account icon in the upper right, and then you should have an entry for My Kohl's Charge. If not, you will have to l...
by prd1982
Tue Nov 12, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Scale of Lionel Trains Rolling Stock: Early 1950's vs. Current Vintage
Replies: 7
Views: 885

Re: Scale of Lionel Trains Rolling Stock: Early 1950's vs. Current Vintage

Quick overview of train scales at: http://www.lionel.com/gauge O gauge is listed at a 1:48 scale. However, when cars are made that way, they are long, and require track that has a large diameter. The most popular diameter for Lionel toy trains in the 60s was O-31. That is, the diameter of a circle o...
by prd1982
Mon Nov 11, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1159
Views: 177760

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Not surprising that several folks are complaining about <put component name here>. What is interesting is how the lawyers are trying to say that the failures are safety related and therefore require a recall. Of course, that would also mean a LOT more money for the lawyers
by prd1982
Sun Nov 10, 2019 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3159

Re: Basic Medicare Part B 2020 Premium $144.30 ??

Well, I'm prepared to admit I don't understand medical billing. If I search Google for does ct allow medicare part b excess charges I see: Connecticut, Massachusetts, Minnesota, New York, Ohio, Pennsylvania, Rhode Island and Vermont do NOT allow Part B excess charges On many of the returned items. I...
by prd1982
Sun Nov 10, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: What happens if a QCD check is not cashed before January 1?
Replies: 14
Views: 851

Re: What happens if a QCD check is not cashed before January 1?

Is the IRS going to know when the check is actually cashed? The IRS does charitable contributions, including QCDs on the "trust but occasionally verify" model. The IRS doesn't get a feed of the QCDs from the FI, or from the charities. But the IRS does expect you to get a letter from each charity sh...
by prd1982
Sun Nov 10, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3159

Re: Basic Medicare Part B 2020 Premium $144.30 ??

I gather from your response that the CT 'surprise billing' law has no impact on Medicare 'excess charges' billing. Assuming that's the case I don't believe it should have any impact on choosing between plans G or N. Not true. What is the main time you cannot ask if the doctor takes medicare assignm...
by prd1982
Sun Nov 10, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: What happens if a QCD check is not cashed before January 1?
Replies: 14
Views: 851

Re: What happens if a QCD check is not cashed before January 1?

I remember reading about an issue in MorningStar where the QCD check from the FI to the holder, who mailed to the charity was not cashed for a year. At that point the FI automatically cancelled the check, and put the money back in the holder's account. Therefore, the holder did not meet her RMD. So ...
by prd1982
Sun Nov 10, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3159

Re: Basic Medicare Part B 2020 Premium $144.30 ??

As for your costs, I too would have plan G vs N if balance billing was allowed in my state. It sounds like you are equating 'balance billing' to 'excess charges.' Are Medicare excess charges covered under state balance billing laws? CT does not prohibit all excess charges, but does prohibit the one...
by prd1982
Sun Nov 10, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3159

Re: Basic Medicare Part B 2020 Premium $144.30 ??

Since I don't have Plan N and you do, maybe you can explain which doctors, and which type coded office visits, qualify for the $20 rate, and which don't. ... With what I have been through in the past 10 months and 9 days If I was carrying Plan N instead of Plan F I estimate my OOP would approach $5...
by prd1982
Sat Nov 09, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: New thermostat for mid-late 70’s parents?
Replies: 27
Views: 1680

Re: New thermostat for mid-late 70’s parents?

Also, I found this: https://smartthermostatguide.com/c-wire-venstar-add-a-wire-adapter-review/ Which seems to add a c wire if none exists? Will that work? Clearly designed to solve this problem, but no idea if it actually works well. I do see that there are several products that promise to add the ...
by prd1982
Sat Nov 09, 2019 5:20 pm
Forum: Personal Consumer Issues
Topic: New thermostat for mid-late 70’s parents?
Replies: 27
Views: 1680

Re: New thermostat for mid-late 70’s parents?

Key piece of information missing ---

Does the current thermostat have a C-wire? Without it, many high-end thermostats will not work
by prd1982
Sat Nov 09, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2019 early experience
Replies: 4
Views: 752

H&R Block 2019 early experience

I just downloaded the 2019 H&R Block deluxe package and filled in my 2019 estimates. I did not encounter any issues. I had 1099-R, Social Security, 1099-DIV and QCDs. I also had stock sales which I grouped as 1 item. All the interviews and forms say "Not Final". Obviously, cannot do downloads from f...
by prd1982
Sat Nov 09, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3159

Re: Basic Medicare Part B 2020 Premium $144.30 ??

....While technically true Plan N does not have a maximum OOP, the numbers you state in this response are unrealistic and grossly overstated. I consider Plan N nearly identical to Plan G........it would take 10 trips to the doctor or 4 trips to the ER, or some combination, for Plan N to break even ...
by prd1982
Sat Nov 09, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3159

Re: Basic Medicare Part B 2020 Premium $144.30 ??

For people who bought supplement plan N (presumably trying to save money on the monthly premiums) what did they expect to happen? I think the tradeoff for Plan-N depends on the state. For CT, balance billing is not allowed. So there should not be any surprises, at least in-state. At least that is w...
by prd1982
Sat Nov 09, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Do I Understand Safe Harbor rules correctly?
Replies: 27
Views: 2576

Re: Do I Understand Safe Harbor rules correctly?

Please note this in the first post... "(note that we’ve been properly withheld YTD; it’s the bonus that might throw us off)." The OP and his wife are not behind in taxes yet and are concerned about the future. He does not yet know what this bonus may pay out nor has he received any bonus at this ti...
by prd1982
Fri Nov 08, 2019 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Understand Safe Harbor rules correctly?
Replies: 27
Views: 2576

Re: Do I Understand Safe Harbor rules correctly?

As long as we pay 110% of the total tax that we owed last year, is this sufficient to avoid any issue with underpayment penalties? Unfortunately, NO. For high earners you must have 110% of the total tax bill you owed last year withheld from you pay checks. So estimated tax payments do not count. Th...
by prd1982
Wed Nov 06, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21399

Re: H&R BLOCK Pre-Order 2019 Software Offer

Don't the tax packages promise to pay any interest or penalties if caused by an error in their code? Does anyone know of someone who had to pay interest or penalties because of a software error in the tax package? No they do not, they just say they'll help you through an audit, and don't specify ho...
by prd1982
Tue Nov 05, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: First year QCD close to New Year's Eve
Replies: 11
Views: 722

Re: First year QCD close to New Year's Eve

Can you roll your 2019 QCD into 2020 as part of the 2019 RMD distribution taken in 2020? - I think not. I believe that a QCD must be taken in the calendar tax year. S Good point. So perhaps the safest way is: a. Take the portion of your 2019 RMD that is NOT going to charity in 2019. b. In Jan 2020,...
by prd1982
Tue Nov 05, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: Any house thermostat experts here?
Replies: 5
Views: 680

Re: Any house thermostat experts here?

Sounds like something like this is all you need: https://www.lowes.com/pd/Honeywell-Digital-Non-Programmable-Thermostat-Electronic/1000275931?cm_mmc=shp-_-c-_-prd-_-rpe-_-google-_-lia-_-171-_-thermostats-_-1000275931-_-0&store_code=660&cm_mmc=src-_-c-_-prd-_-rpe-_-google-_-rough_plumbing_and_electr...
by prd1982
Tue Nov 05, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21399

Re: H&R BLOCK Pre-Order 2019 Software Offer

Like others, I also use H&R Block federal e-file but am too cheap to spring for the $20 bucks to e-file state. Does your state have a free web site where you can enter your tax information? If so, then you might want the H&R state package. I found that for my state, given the H&R Block print out of...
by prd1982
Tue Nov 05, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: First year QCD close to New Year's Eve
Replies: 11
Views: 722

Re: First year QCD close to New Year's Eve

Two comments: 1. I don't think the charity has to get/cash the check by the end of the year. I think the only requirement is that the FI cut the checks to the charity by the end of the year. You just need to have the acknowledgement letter from the charity before you submit your taxes. 2. If you don...
by prd1982
Tue Nov 05, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21399

Re: H&R BLOCK Pre-Order 2019 Software Offer

I have found discrepancies in what HR Block shows on my screen, and what it prints out. Therefore I do not efile state or fed. --vtMaps Don't the tax packages promise to pay any interest or penalties if caused by an error in their code? Does anyone know of someone who had to pay interest or penalti...
by prd1982
Thu Oct 31, 2019 10:19 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21399

Re: HRBLOCK Pre-Order 2019 Software Offer

Unfortunately, the tax preparers don't have a discount for buying 2 state packages. I end up paying more for the 2nd state than the fed+state.
by prd1982
Sat Oct 26, 2019 8:16 pm
Forum: Personal Consumer Issues
Topic: 2.1% processing fee at California DMV
Replies: 31
Views: 1857

Re: 2.1% processing fee at California DMV

We need people to open envelopes. I don't know how CA and the other states process mail-in checks, but large check processing businesses (think utilities) have systems that require minimal human interaction. Envelopes can be opened by machine, the contents scanned, the remit stub in the envelope sc...
by prd1982
Sat Oct 26, 2019 8:08 pm
Forum: Personal Consumer Issues
Topic: 2.1% processing fee at California DMV
Replies: 31
Views: 1857

Re: 2.1% processing fee at California DMV

I find the credit card rewards a scam. The credit card companies pay you a reward using money they charge the seller. So you win, the credit card company wins, and the seller looses. I don't see the scam. The credit card companies have found a way to have merchants to pay for something that benefit...
by prd1982
Sat Oct 26, 2019 3:28 pm
Forum: Personal Consumer Issues
Topic: 2.1% processing fee at California DMV
Replies: 31
Views: 1857

Re: 2.1% processing fee at California DMV

Businesses would love to charge extra for using credit cards. Businesses must give up a part of their profits to the credit card companies to pay for the convenience of using credit cards, plus additional charges to pay for the credit card rewards. A few businesses such as gas stations do charge ext...
by prd1982
Fri Oct 25, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Anybody use a battery-powered snowblower?
Replies: 33
Views: 1867

Re: Anybody use a battery-powered snowblower?

lthenderson wrote:
Fri Oct 25, 2019 8:09 am
[
I have a 40 feet driveway in southern Iowa .. . All I do for my gas powered blower is buy fresh non-ethanol gas for it
As a person in the east who cannot find a decent source for non-ethanol gas, it seems very unfair that folks in Iowa have access to it.
by prd1982
Thu Oct 24, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Anybody use a battery-powered snowblower?
Replies: 33
Views: 1867

Re: Anybody use a battery-powered snowblower?

... the Snow Joe SJ625E This is a corded electric, not a battery powered snow blower. Whether this or a battery powered one will be ok depends on the amount of snow you get at one time, plus how big a driveway/walkway you have. I have a Toro corded electric which does a fine job on my deck with 4-5...
by prd1982
Thu Oct 24, 2019 9:49 am
Forum: Personal Consumer Issues
Topic: Is Google Drive enough for me?
Replies: 64
Views: 3927

Re: Is Google Drive enough for me?

I use Google Drive, Microsoft OneDrive, BoxCryptor (free for personal use), and a simple CMD prompt. * I created a directory BACKUP on my PC, and 2 subdirectories (SECURE, OTHER). * I use BoxCryptor to create a virtual encrypted drive X over the SECURE directory using OneDrive. So everything I copy ...
by prd1982
Tue Oct 22, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Humana Part D - ILLINOIS - premiums up up up
Replies: 94
Views: 8486

Re: Humana Part D - ILLINOIS - premiums up up up

Check the co-insurance percentages quoted on the diff. "premier" plans and "value or saver" plans. Then tell me how 49% or 50% is "cheaper" than 33% or 38%. At least for CT, the Premier plan had cheaper mail order Tier 1, 2 and 3 to the Value plan. But you are correct that tier 4 premier is more ex...
by prd1982
Tue Oct 22, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Humana Part D - ILLINOIS - premiums up up up
Replies: 94
Views: 8486

Re: Humana Part D - ILLINOIS - premiums up up up

Apparently they noticed Humana's egregious pricing shenanigan. They are just lulling people into focusing on the premium prices, not the Big Picture. I'm not sure what you would want Humana or CMS to do differently. Humana restructured last year's plan into 2: value and premium. They appeared to ha...
by prd1982
Mon Oct 21, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1159
Views: 177760

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I have the 2017 CRV, and haven't seen the problem. I wasn't checking before the fix, but the oil level hasn't gone up since applied. I live in the north east, so it does get cold here. Note that the issue is excessive oil dilution. I found the summary for an interesting 2019 Mazda CX-3 TSB (Tech Ser...
by prd1982
Mon Oct 21, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5890

Re: Living life post smart phone

How about turning off your data plan? Then you could browse while home, but no web/email while outside your house. Getting a dog might help as well!
by prd1982
Sun Oct 20, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: GPS to stop working on older phones Nov 3?
Replies: 25
Views: 3705

Re: GPS to stop working on older phones Nov 3?

GPS isn't the only satellite navigation system up there. So most phones aren't completely dependent on GPS for precision and navigation and may not be affected very much. I'm not sure about this. The problem isn't that GPS is no longer being received. The problem is that the calculations the phone ...
by prd1982
Fri Oct 18, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D advise
Replies: 33
Views: 2998

Re: Medicare Part D advise

However, DW was not comfortable with the low cost offering so we signed up for the Humana Basic plan at 30.40/mo. Found an interesting blog entry: https://insurance-forums.com/community/threads/humana-pdp-changes-2020.99331/ which talks about the 3 Plans. The preferred cost sharing benefit for low ...
by prd1982
Tue Oct 15, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: How much do you spend on cellular annually?
Replies: 59
Views: 4271

Re: How much do you spend on cellular annually?

Total annual cost of $480, including all taxes and fees. Comcast internet is $33/mo, and Xfinity mobile (2 lines) will vary from $5.50-$9/mo. The higher month(s) reflects service during our annual trip abroad. I looked at Xfinity mobile, and it wants $12 a month for 1GB and 2 phones. How do you get...
by prd1982
Sun Oct 13, 2019 3:00 pm
Forum: Personal Investments
Topic: Vanguard Quicken download
Replies: 2
Views: 314

Re: Vanguard Quicken download

by prd1982
Fri Oct 11, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 Social Security COLA will be 1.6%
Replies: 13
Views: 2141

Re: 2020 Social Security COLA will be 1.6%

Broken Man 1999 wrote:
Fri Oct 11, 2019 4:29 pm
We were certainly in the "golden era" of benefits.
Same here. Personal savings were to provide "the good retirement life". SS + pension covered the basics. Now we require young folks to understand investing & how much to save when they first start work.