Search found 10463 matches

by ResearchMed
Mon Sep 28, 2020 9:41 am
Forum: Personal Investments
Topic: Are 401(k) plans required to allow you to transfer out rolled over assets?
Replies: 15
Views: 969

Re: Are 401(k) plans required to allow you to transfer out rolled over assets?

By law, organizations are required to provide the Summary Plan Description document to employees on demand. Most organizations usually meet this requirement by posting it on an intranet site where it can be readily downloadable. If you work for a small business, perhaps you will have to make the re...
by ResearchMed
Sun Sep 27, 2020 6:34 pm
Forum: Investing - Theory, News & General
Topic: Any restrictions on spending retirement accounts after 59.5?
Replies: 10
Views: 1334

Re: Any restrictions on spending retirement accounts after 59.5?

Please ignore any concerns where employers may forbid current employees from taking distributions even after 59.5. This post is only about whether there are any stipulations on what items the money may be spent on, assuming you are allowed to take any out. The answer is "no". It's no different than...
by ResearchMed
Sun Sep 27, 2020 5:52 pm
Forum: Personal Consumer Issues
Topic: Music for a camping trip
Replies: 19
Views: 1099

Re: Music for a camping trip

Will there be others close enough to hear?
They may be expecting/looking forward to peace and quiet, other than nature sounds.

I can't even imagine being at a beautiful campsite and... hearing music (whether or not it is a genre we like).

RM
by ResearchMed
Sun Sep 27, 2020 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Executive Protector Life Insurance Policy, What to do?
Replies: 16
Views: 3486

Re: State Farm Executive Protector Life Insurance Policy, What to do?

I'm not sure if the many posters since this thread got revived noticed that it's an old thread. Somebody asked what the original poster ended up doing. Ooops... I saw the 2 posts and jumped to the wrong conclusion (and "welcomed" OP to BH... now). OP apparently posted both of his/her 2 posts on the...
by ResearchMed
Sat Sep 26, 2020 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Executive Protector Life Insurance Policy, What to do?
Replies: 16
Views: 3486

Re: State Farm Executive Protector Life Insurance Policy, What to do?

I'm wondering what you ended up doing. I am in a similar situation - I am 29 and my parents set one up before I was 1 years old in 1991. Mine is only for 25K with an annualized premium of $116 per year and current cash value of $3K. At this point, I am earning more than I pay each year, but it's on...
by ResearchMed
Sat Sep 26, 2020 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have no elder care plan - What are the concerns?
Replies: 25
Views: 2172

Re: Parents have no elder care plan - What are the concerns?

About a financial POA... There are a few different types: 1) a "regular" POA, which is often what people think about. This gives the agent control right away, should they need or want to use it, and, importantly, this usually ENDS when the named person becomes incapacitated... which may be when it ...
by ResearchMed
Fri Sep 25, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have no elder care plan - What are the concerns?
Replies: 25
Views: 2172

Re: Parents have no elder care plan - What are the concerns?

About a financial POA... There are a few different types: 1) a "regular" POA, which is often what people think about. This gives the agent control right away, should they need or want to use it, and, importantly, this usually ENDS when the named person becomes incapacitated... which may be when it i...
by ResearchMed
Fri Sep 25, 2020 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have no elder care plan - What are the concerns?
Replies: 25
Views: 2172

Re: Parents have no elder care plan - What are the concerns?

The first thing I'd want to get done would involve medical care... try to make sure there are living wills/medical care directives and, hopefully docs giving you authorization to make critical medical decisions if they are not able to do so. You could try to get them to agree to this by pointing out...
by ResearchMed
Fri Sep 25, 2020 12:13 pm
Forum: Personal Investments
Topic: 403b rollover: Vanguard asking earnings & fees split by employer v employee contribution
Replies: 13
Views: 741

Re: 403b rollover: Vanguard asking earnings & fees split by employer v employee contribution 😕

Sorted out. After talking to a supervisor, turns out Vanguard maintains separate sub-accounts tracking EE vs ER contribution. In this setup, they credit all earnings and losses to the EE sub-account . It wasn't clear how they handle fees and expenses. For the money being rolled in, they decided to ...
by ResearchMed
Fri Sep 25, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (July 2020)
Replies: 11
Views: 1402

Re: madsinger monthly report (July 2020)

Has there ever been a hot hand portfolio that was done on a 6 month schedule instead of yearly? For example: Instead of taking the fund from previous year and holding for a year, take the fund that has done the best the past six months and re-adjust every 6 months instead of a year. The NYTimes art...
by ResearchMed
Thu Sep 24, 2020 10:45 pm
Forum: Personal Consumer Issues
Topic: Trying to open a checking account for my LLC
Replies: 17
Views: 684

Re: Trying to open a checking account for my LLC

You normally identify yourself with a social security number when opening a bank account. An EIN is the analogous number for things like LLCs, estates, etc that do not have a social security number. Right but I want the bank account to be in the LLC's name, for their business income and expenses to...
by ResearchMed
Thu Sep 24, 2020 7:55 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 145
Views: 12923

Re: Is anyone waiting until after the election?

Right, of course. However, those "rules" assume that everyone will play by those rules, and accept the procedures and outcome. And that there won't be major civil unrest. (And with almost instantaneous communication of *anything*, things can happen very fast indeed.) That type of "problem", what "t...
by ResearchMed
Thu Sep 24, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 145
Views: 12923

Re: Is anyone waiting until after the election?

What if the election results are contested and there's two months between the election and inauguration day when the US doesn't know who the president will be? That's a huge amount of uncertainty and the market could crater in the interregnum. Well, there is already an established process for handl...
by ResearchMed
Thu Sep 24, 2020 4:37 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3079

Re: Bogleheads knows how many Echo devices I have

Chuck107 wrote: Thu Sep 24, 2020 4:34 pm Me too, according to bogleheads .org we have x echo devices, and x is the correct amount. :shock:
Is X a number other than 3?

This is very odd indeed.
We don't have Alexa or any Echo devices, so we can't play. :(

RM
by ResearchMed
Thu Sep 24, 2020 2:20 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 830

Re: Flexible Premium Deferred Annuity - can they do that?

@ResearchMed - please refer to third post which provides this information. The third post: @Rex66 - yes, it specifically states it's guaranteed. Here's how the contract reads: Guaranteed: "3.00% interest rate." Nonguaranteed: "Nonguaranteed base interest rate of 3.00%. The base rate is not guarante...
by ResearchMed
Thu Sep 24, 2020 2:04 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 830

Re: Flexible Premium Deferred Annuity - can they do that?

@Rex66 - so, so grateful for your input! Stories changing as we go along and I requested the information as you instructed, here's his response: "Let me clear that up. Your 3% will not change. I meant the payout rate on an Immediate annuity, if you chose to take lifetime income. If those rates were...
by ResearchMed
Thu Sep 24, 2020 1:31 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 830

Re: Flexible Premium Deferred Annuity - can they do that?

@Rex66 and Fabdog - Whew. . . thanks, I got nervous there for a minute. So glad I have the wonderful folks on this forum to guide people like me who are clueless when it comes to these issues. Just wondering how I approach it. I'm almost certain he will try to tell me I'm wrong. Do I tell him I tal...
by ResearchMed
Thu Sep 24, 2020 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to employer-provided life insurance - benefits now paid through employer
Replies: 19
Views: 678

Re: Changes to employer-provided life insurance - benefits now paid through employer

Is this even Kosher? If you are not a "key person", and the proceeds would not go to the company to reimburse them for the, er, lost value of 'you'...?? Maybe some insurance gurus could opine about whether "key person" coverage can be used this way. Also, is there anything that makes the company kee...
by ResearchMed
Thu Sep 24, 2020 12:21 pm
Forum: Personal Consumer Issues
Topic: Trying to open a checking account for my LLC
Replies: 17
Views: 684

Re: Trying to open a checking account for my LLC

Single member LLC is not required to have federal EIN (assuming no election to be taxed as a corporation). Single member LLCs report on their 1040 using their SSN. Will bank take SSN ? One doesn't need that EIN if one has a single member LLC. But that doesn't mean one doesn't need an EIN to open a ...
by ResearchMed
Thu Sep 24, 2020 7:57 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2149
Views: 227532

Re: [What TV Show Have You Recently Watched?]

We are seeing some of the same actors showing up in these series (not characters; the actors). It's a bit fun to spot them for the first time in another series. (It's not really surprising, just interesting and fun.) My wife and I, based on watching many shows on Britbox,Acorn,and MHz, have formed ...
by ResearchMed
Thu Sep 24, 2020 6:53 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2149
Views: 227532

Re: [What TV Show Have You Recently Watched?]

We are on a real roll with some of these British series. Right now, we are going through "Silk", about a female British barrister and her associates and clients. The first two episodes were a bit disappointing, but starting with the third, it really picked up, and now we are totally "hooked". :happy...
by ResearchMed
Wed Sep 23, 2020 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can an underwriter cancel your life insurance?
Replies: 7
Views: 1538

Re: Can an underwriter cancel your life insurance?

If it came to their attention you had misrepresented your insurability, ie. left off certain medical information or life style activities, they could cancel your policy or require it be repriced to take into account the correct information. Usually there is a period of time, two to three years, aft...
by ResearchMed
Wed Sep 23, 2020 2:26 pm
Forum: Personal Investments
Topic: 403b rollover: Vanguard asking earnings & fees split by employer v employee contribution
Replies: 13
Views: 741

Re: 403b rollover: Vanguard asking earnings & fees split by employer v employee contribution 😕

Prior to retirement (we are both over 65), any EmployEE contributed money, including all returns, can be removed at will, be it to roll over or to cash out. (Well, a fair amount of paperwork!). But prior to retirement, the EmployER contributed money, including all returns, can NOT be removed, perio...
by ResearchMed
Wed Sep 23, 2020 12:56 pm
Forum: Personal Investments
Topic: 403b rollover: Vanguard asking earnings & fees split by employer v employee contribution
Replies: 13
Views: 741

Re: 403b rollover: Vanguard asking earnings & fees split by employer v employee contribution 😕

Spouse needs to rollover a 403b that is administered by Fidelity, to a new one that is administered by Vanguard. The rollover check reached Vanguard. They are holding up processing the check, asking for a breakdown of earnings and fees by employer vs employee contribution. This doesn't make sense t...
by ResearchMed
Tue Sep 22, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: Attend COVID Wedding?
Replies: 22
Views: 2066

Re: Attend COVID Wedding?

Consider finding a videographer who can stream to Facebook Live. We had a small, family-only, socially-distanced funeral where the funeral home partnered with a local videographer who did it live for a few hundred dollars. This was well received by many older and at-risk family and friends who were...
by ResearchMed
Tue Sep 22, 2020 10:24 pm
Forum: Personal Investments
Topic: MYGA: State Insurance Coverage
Replies: 34
Views: 1656

Re: MYGA: State Insurance Coverage

Vineviz, Thanks for your interest and contributions on this topic. You indicate that PA has a lifetime aggregate limit of $300K for an individual. Can you provide the reference, i.e. the language, for this? This is a game changer from my standpoint, as I would have more than that at risk. Thanks ag...
by ResearchMed
Tue Sep 22, 2020 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Balloon payment in beginning of mortgage? Don't get it.
Replies: 10
Views: 1068

Re: Balloon payment in beginning of mortgage? Don't get it.

"a balloon payment in the first 7 years of the life of the loan". Probably need to know words before and after that quote to understand what is meant. That's all it said unfortunately (it isn't a full sentence, a description of term). Glad to hear I'm not the only one confused by this. It just does...
by ResearchMed
Tue Sep 22, 2020 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Correct Social Security benefit for widow?
Replies: 7
Views: 930

Re: Correct Social Security benefit for widow?

Is the idea that in a situation like this, the new benefit amount for the widow becomes roughly equivalent to the old benefit amount for the deceased husband and the old benefit amount for the widow just goes away? Yes. The new survivor benefit is the late spouse's benefit, if that is more than the...
by ResearchMed
Mon Sep 21, 2020 11:40 pm
Forum: Personal Consumer Issues
Topic: Sell or donate Volvo? (Worth 14k ish)
Replies: 25
Views: 1971

Re: Sell or donate Volvo? (Worth 14k ish)

For convenience, Carmax?
There are also a few similar services.
DH sold his mother's car with Carfax. They offered a bit more than either dealer, and it was simple and fast. "Done!" On the spot.

I'd assume that would net you more than any "donation", but I don't know for sure.

RM
by ResearchMed
Mon Sep 21, 2020 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-husband and survivors benefits
Replies: 15
Views: 1366

Re: Ex-husband and survivors benefits

from the horse's mouth: You can apply for benefits by calling our national toll-free service at 1-800-772-1213 (TTY 1-800-325-0778) or visiting your local Social Security office. An appointment is not required, but if you call ahead and schedule one, it may reduce the time you spend waiting to appl...
by ResearchMed
Mon Sep 21, 2020 6:21 pm
Forum: Personal Investments
Topic: MYGA: State Insurance Coverage
Replies: 34
Views: 1656

Re: MYGA: State Insurance Coverage

Are those limits in total per person? Or are those limits per person for each insurer, so one could use 2 or 3 different annuities from different insurers? And would an individual annuity count separately from a joint annuity where there is a couple involved? This alone would give couples 3x the cov...
by ResearchMed
Mon Sep 21, 2020 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Hospital bill for deceased parent...received 2 years later.
Replies: 67
Views: 7187

Re: Hospital bill for deceased parent...received 2 years later.

From "googling," it looks like statute of limitations for medical debt in New Jersey is 6 years--but double check. How much is the amount of the bill? Was this bill submitted to insurance, by chance? The bill says it was submitted to Aetna in July 2020 and came back Not Eligible status, so nothing ...
by ResearchMed
Sun Sep 20, 2020 10:34 pm
Forum: Personal Investments
Topic: Maximum age to open traditional IRA?
Replies: 20
Views: 1577

Re: Maximum age to open traditional IRA?

If one doesn't have an IRA yet, can one open one with just a very small rollover from a 401k/403b into a new IRA, and then, assuming one is still working, make regular contributions each year while working? One can mix rollover money and new money in the same IRA, but one might lose some protections...
by ResearchMed
Sun Sep 20, 2020 1:50 pm
Forum: Personal Consumer Issues
Topic: Grocery store didn't tell me Shingrix was $160
Replies: 197
Views: 12919

Re: Grocery store didn't tell me Shingrix was $160

I think thr real issue is sticker shock -- the OP knew there may be a cost, but had assumed it was $30 or less like common vaccines. People use that term now, but I thought you had had to have a sticker or way to see it ahead of time, not after the fact. Maybe OP missed all the stickers or someone ...
by ResearchMed
Sun Sep 20, 2020 1:41 pm
Forum: Personal Investments
Topic: Are there any limits on transfer fees?
Replies: 9
Views: 593

Re: Are there any limits on transfer fees?

I take the silence to mean there are no limits that people here necessarily know of. So seems like this may be a consideration for people like me that are concerned with potential confiscatory fees. Is this a realistic concern you have? What about other financial institutions... closing bank accoun...
by ResearchMed
Sun Sep 20, 2020 1:36 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4282

Re: Retiring to Canada

As a US retiree, in Canada (without any path to Citizenship) you will likely be doing <6 month stints, then having to shift to another country as to not overstay your visitor visa, Are there requirements about minimum numbers of days "out" that one must be "out" for, to be able to return for "almos...
by ResearchMed
Sun Sep 20, 2020 1:12 pm
Forum: Personal Investments
Topic: How long does it take for your 403b/401k contribution to show up after payday?
Replies: 29
Views: 1253

Re: How long does it take for your 403b/401k contribution to show up after payday?

This is interesting. DH is paid monthly, and his Employer contribution and Employee contribution post at totally separate times. One shows up circa the 22nd of the month, and the other circa the 7th, roughly. I need to double check just when his paycheck posts. (Or is "dated" or "sent"?) Maybe I sho...
by ResearchMed
Sat Sep 19, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Condo fees & insurance costs; what is fair?
Replies: 10
Views: 1108

Re: Condo fees & insurance costs; what is fair?

I own a rental condo in a 10 unit complex. The properties are comprised of 4 stand-alone units of 1600 to 2000 square feet and 6 duplexes between 1300 and 1500 square feet. The builder had designated variable HOA fees depending on square footage. Recently, the largest unit paid about $130 more per ...
by ResearchMed
Sat Sep 19, 2020 4:47 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4282

Re: Retiring to Canada

[ I'm not commenting on any aspect/quality of Canadian health care. My comment is about their immigration rules that make it virtually impossible for us to immigrate if we wanted to do so. (At least in our case, "getting health care in Canada" would not be a factor at all. There are other strong re...
by ResearchMed
Sat Sep 19, 2020 4:40 pm
Forum: Personal Consumer Issues
Topic: Cats and Sunbrella-covered sofas
Replies: 11
Views: 902

Re: Cats and Sunbrella-covered sofas

To keep both dogs and cats off sofas and away from other objects, I have used "scat mats" which work well: https://www.chewy.com/petsafe-scatmat-electronic-pet/dp/48626 I agree with getting the scratching posts as well. Those may be fine to keep a pet OFF a surface, but I'm not sure how helpful it ...
by ResearchMed
Sat Sep 19, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Elder abuse? Elderly woman sold home for far less than market value
Replies: 50
Views: 4805

Re: Elder abuse? Elderly woman sold home for far less than market value

It can be more complicated than that. I am expecting a mess with MIL's estate. She's 85, clearly has memory and anger issues and is in the middle of revising her will. She's always been mean and vindictive but it seems to be getting worse. She uses her money as a way to manipulate people. Her NW is...
by ResearchMed
Sat Sep 19, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4282

Re: Retiring to Canada

Has anyone looked into retiring in Canada? If you have, what are the pros and cons? There's been a rather recent post here on BH about moving to Canada, and how difficult it can be. I found it rather discouraging, even for those who are fully self-supporting, and don't need the social services (e.g...
by ResearchMed
Sat Sep 19, 2020 2:28 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4282

Re: Retiring to Canada

Has anyone looked into retiring in Canada? If you have, what are the pros and cons? There's been a rather recent post here on BH about moving to Canada, and how difficult it can be. I found it rather discouraging, even for those who are fully self-supporting, and don't need the social services (e.g...
by ResearchMed
Sat Sep 19, 2020 2:09 pm
Forum: Personal Investments
Topic: Maximum age to open traditional IRA?
Replies: 20
Views: 1577

Re: Maximum age to open traditional IRA?

retiredjg wrote: Sat Sep 19, 2020 2:05 pm I am NOT a SECURE Act guru, but this was pre-COVID.

As far as I know, this is permanent. As far as I know, there was no change for income limits (although there usually is a change each new year outside of this act).
:oops: on me for not noticing the date more carefully!

Thanks.

RM
by ResearchMed
Sat Sep 19, 2020 1:58 pm
Forum: Personal Investments
Topic: Maximum age to open traditional IRA?
Replies: 20
Views: 1577

Re: Maximum age to open traditional IRA?

retiredjg wrote: Sat Sep 19, 2020 1:48 pm The SECURE Act - enacted 1/1/2020 - eliminated the age limit for contributing to traditional IRA. Earned income by you or spouse is required.
Is this permanent (unless amended, etc.) or just for 2020/pandemic times?
Are regular income limits the same?

RM
by ResearchMed
Sat Sep 19, 2020 11:38 am
Forum: Personal Consumer Issues
Topic: Cats and Sunbrella-covered sofas
Replies: 11
Views: 902

Re: Cats and Sunbrella-covered sofas

I bought a couch in 2002 when I bought this apartment. Lost it to bedbugs in 2015. Did without for a few months and then bough a neighbor's used Conran couch for $200. The cats apparently find the velvet attractive. They don't touch the microsuede recliner next to it. Just wondering if anyone has e...
by ResearchMed
Fri Sep 18, 2020 7:28 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5938

Re: Ring for a new girlfriend

Female here, and one who does happen to enjoy jewelry. (But I prefer something that *I* like, which is not necessarily what is "trendy", etc.) Do you have any idea what style of jewelry she likes? How about shopping together, as suggested above, for a bracelet or necklace. Or perhaps go in advance t...
by ResearchMed
Fri Sep 18, 2020 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Doctor disclosure and consent
Replies: 48
Views: 3370

Re: Doctor disclosure and consent

For any even possibly questionable "will it be considered cosmetic" dermatology procedure, our surgeon submits a pre-approval, along with statements explaining why they consider it to be medically necessary. Each time, the pre-approval request was, well, approved. And billing was not a problem; ther...
by ResearchMed
Fri Sep 18, 2020 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Accident Insurance vs continuing to self-insure?
Replies: 8
Views: 688

Re: Accident Insurance vs continuing to self-insure?

Hello everyone. My employer is offering “accident insurance” for next year. It does not seem to make sense for my situation, but I wanted to see if others have perspectives on this I haven’t considered. I am already on the lower premium health insurance option, and am self-insuring against the risk...
by ResearchMed
Fri Sep 18, 2020 5:54 am
Forum: Personal Consumer Issues
Topic: Cost of Goods in House?
Replies: 17
Views: 1789

Re: Cost of Goods in House?

Look up something like "rental home furnishings" or variants thereof. There are companies that specialize in renting "full apartments", from scratch. They even have kitchen setups (dishes, flatware, cookware, etc.) And they also sell most of the same items (often choice of used or new), or at least ...