Search found 329 matches

by djmbob
Sun Nov 04, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help With Deciding to Start TSP Withdrawals/IRA Conversions
Replies: 7
Views: 672

Re: Help With Deciding to Start TSP Withdrawals/IRA Conversions

Thanks Watty, Fishing, and heyyou. Lots of moving parts to think about in the next 30 days to effect any changes for this tax year! It would be easy for us to stop the 403b. While it leaves more for Roth conversions, we are also putting more into another qualified plan that will require taxes on 100...
by djmbob
Sat Nov 03, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help With Deciding to Start TSP Withdrawals/IRA Conversions
Replies: 7
Views: 672

Re: Help With Deciding to Start TSP Withdrawals/IRA Conversions

Thanks for your replies. A spreadsheet is a great idea! On the Annuity, I knew it wouldn't get stepped-up, but assumed I would owe tax on all withdrawals, so only the gains is better news. Many years ago, I moved my TIRA into the TSP to be able to have more in the G Fund (TSP is all G), and on hinds...
by djmbob
Sat Nov 03, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Help With Deciding to Start TSP Withdrawals/IRA Conversions
Replies: 7
Views: 672

Help With Deciding to Start TSP Withdrawals/IRA Conversions

Am trying to decide if I should start taking withdrawals from my TSP this year or converting Spouse's Trad IRA. Key concern is my upcoming anticipated inheritance mandatory taxable withdrawals. Background: My Age 60; retired military; married (Spouse 55); Spouse works, minimal income; Oklahoma proje...
by djmbob
Wed Jan 31, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Your favorite beach vacation destination?
Replies: 64
Views: 6149

Re: Your favorite beach vacation destination?

Riviera Maya, Mexico... between Cancún and Playa del Carmen.
Great beaches, beautiful, wonderful historical sites, cenotes(!), Cirque du Soleil dinner theater now, and Cirque theme park opening later this year!
We are here as I write this.
¡Excellente!
Cheers,
Ray
by djmbob
Thu Jan 18, 2018 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Lifetime learning tax credit..whats the catch?
Replies: 14
Views: 1303

Re: Lifetime learning tax credit..whats the catch?

Thanks, DIFAR31... that's GREAT news! Aww, too bad I used my 529 plan to pay this semesters tuition. :oops:
Cheers,
Ray
by djmbob
Thu Jan 18, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Lifetime learning tax credit..whats the catch?
Replies: 14
Views: 1303

Re: Lifetime learning tax credit..whats the catch?

Ummm, doesn't the Lifetime Learning Credit go away with 2017...and get rolled into the American Opportunity Credit, but with much more stringent parameters, like not applicable for Grad school?
Ray
by djmbob
Sat Dec 09, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Echo Dot 2nd Gen: What do I do with this gift?
Replies: 12
Views: 1564

Re: Echo Dot 2nd Gen: What do I do with this gift?

I bought this as a present for my mom's 90th birthday this month. She LOVES it! Raves every time I call (which is a lot), tells her friends and everyone. Keeps her a lot of company in her retirement home. She asks it to play music, weather, games, audiobook reading, news... I even sent her a list of...
by djmbob
Thu Nov 30, 2017 9:08 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 14048

Re: After financial independence, do you lose motivation for work?

I retired from "work" = military over 34 years.
But now I work a combined full time job (plus) for 5 non-profit organizations. No pay, couldn't be more satisfied!
Cheers, Ray
by djmbob
Fri Nov 17, 2017 9:47 pm
Forum: Investing - Theory, News & General
Topic: TSP Modernization Act Signed Into Law
Replies: 22
Views: 4852

Re: TSP Modernization Act Signed Into Law

Yeah! Finally some common sense is applied!
Celebrating!
Next we we need to be able to make conversions from Traditional TSP to Roth TSP.
Cheers,
:sharebeer Ray
by djmbob
Thu Nov 16, 2017 10:20 pm
Forum: Personal Consumer Issues
Topic: Windows 10/Edge Conflicts
Replies: 12
Views: 1199

Re: Windows 10/Edge Conflicts

I mainly use Edge, and I have add-on applications I run like LastPass and Ghostery.
BUT, I do have problems with some websites not being able to run using Edge, so use Chrome as my alternate when those situations arise.
Cheers, Ray
by djmbob
Thu Nov 16, 2017 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2018 for Mac [and PC Released]
Replies: 47
Views: 8362

Black Friday Staples Re: Quicken 2018 for Mac [and PC Released]

Here is the Staples Black Friday info: This year Staples has three different versions of Quicken software featured in their Black Friday ad: Quicken Deluxe 2018 on sale for $47.99 (normally $79.99), Quicken Premier 2018 on sale for $71.99 (normally $119.99), and Quicken Home, Business & Rental Prope...
by djmbob
Sun Nov 12, 2017 8:02 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 132
Views: 15071

Re: H&R Block Software

Thanks a million, DarkNyte!
Cheers,
Ray :sharebeer
by djmbob
Mon Oct 09, 2017 1:06 pm
Forum: Forum Issues and Administration
Topic: Getting Malwarebytes warnings on this site
Replies: 18
Views: 3646

Re: Getting Malwarebytes warnings on this site

In support of JBTX, during this current browsing session, Malwarebytes popped up twice with a message "Malicious website blocked"... but I was still able to keep browsing posts.
Cheers
Ray
by djmbob
Wed Oct 04, 2017 8:13 pm
Forum: Personal Consumer Issues
Topic: accounting software for churches?
Replies: 24
Views: 2473

Re: accounting software for churches?

Have used Powerchurch for 8 years and when I demonstrated to three other churches in our Communion (and the national office), they were so impressed they switched from quickbooks to Powerchurch. Its made for churches, not business. Tracks members and visitors, links to contributions and giving, link...
by djmbob
Sun Sep 17, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 54099

Re: USAA 2.5% Cash Back Credit Card

:annoyed
Not showing up in my credit card products either, in Oklahoma.
Interestingly, my Mom in Maryland received an invitation for the card earlier this past week.(??)
Oh, well, back to holding my breath again!
<Sigh>
Ray
(37 year USAA member)
by djmbob
Thu Sep 14, 2017 9:17 pm
Forum: Personal Consumer Issues
Topic: US removing Kaspersky Antivirus from government computers
Replies: 38
Views: 4746

Re: US removing Kaspersky Antivirus from government computers

Last spring I searched for an American Company and found Malwarebytes and switched from AVG... it's based in CA.
Cheers,
Ray
by djmbob
Fri Sep 08, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 54099

Re: USAA 2.5% Cash Back Credit Card

Savings$,
My USAA credit cards both show up on all my credit reports, plus my old closed USAA cc's from years past.
Cheers,
Ray
by djmbob
Thu Sep 07, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 54099

Re: USAA 2.5% Cash Back Credit Card

Wow! Thanks so much Victoria!!
I have been holding my breath and am pretty black and purple now! :D
Cheers,
Ray
by djmbob
Thu Sep 07, 2017 8:51 am
Forum: Investing - Theory, News & General
Topic: Good Article on Retirement Investing and Withdrawals
Replies: 7
Views: 1723

Good Article on Retirement Investing and Withdrawals

Saw a good article on retirement investing and withdrawals on CNN.com this morning.
Offering it to others for it's perspective.

"A Simple but Effective Retirement Income Plan"
http://money.cnn.com/2017/09/06/retirem ... -stack-dom

Cheers,
Ray
by djmbob
Tue Sep 05, 2017 10:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 107
Views: 21307

Re: [Virtual online chapter - Master thread]

To record a zoom session, the host clicks on the Record button at the bottom toolbar. All participants can see in the top left of their screen that the session is being recorded. Some participants can also call into the session, their face does not appear on the screen, only their number, but others...
by djmbob
Sun Aug 06, 2017 8:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 175
Views: 27078

Re: Vanguard 403b Changes

What burns me about the Vanguard action is lack of transparency. I convinced my church to initiate a Vanguard 403b plan for church employees 6 months ago in March. Never a word was said that Vanguard was in the process of making such a move. Yes, a notch (or two) down for me too. :x
by djmbob
Sat Jul 15, 2017 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Trust Fund Update
Replies: 8
Views: 1209

Social Security Trust Fund Update

http://money.cnn.com/2017/07/13/news/economy/social-security-trust-fund-projection/index.html So saw on CNN that: ""The SS Trustees projected that the Social Security trust fund will be tapped out by 2034." So will be 60 this December 31st, and at first I thought, gee, maybe I should take SS early ...
by djmbob
Mon Mar 27, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 75
Views: 14192

Re: Geico insurance rate increase: 26.24% APY?

We had a very lengthy thread on this a while back. viewtopic.php?t=167811 All interesting discussions as I have been with USAA for over 36 years. Question: If insurers use credit scores to price your policies, do you take a hit on your credit score from each company you receive a quote? Thanks in a...
by djmbob
Sat Mar 25, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Fund 403b and concurrently convert TIRA to Roth?
Replies: 2
Views: 250

Re: Fund 403b and concurrently convert TIRA to Roth?

Thanks JG, For FITW purposes, I am guessing that we are already at the lowest income point since my mil retirement will (hopefully) continue to increase. Spouse income was nearly 100% housing allowance, FIT-free, with only self-employed (15%) taxes... we decided to take from that type of income to s...
by djmbob
Sat Mar 25, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Milestone Review of Portfolio & Increasing Income
Replies: 2
Views: 532

Re: Milestone Review of Portfolio & Increasing Income

Thanks, Krow! We did think about that a bit. We are taking the $1K from what was originally being paid as housing allowance. The housing is FIT tax-free and only subject to self employment taxes of 15% for FICA, so will already be paying a bit more in future taxes (25-28%) when we withdraw from the ...
by djmbob
Sat Mar 25, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Fund 403b and concurrently convert TIRA to Roth?
Replies: 2
Views: 250

Fund 403b and concurrently convert TIRA to Roth?

Spouse will start contributions to Vanguard 403b this month at $1K/mo. Also has an existing TIRA at Vanguard with $125K. Wondering whether it would be a good idea to annually convert an equal amount of 403b contributions from the TIRA to the Roth since tax effect would be a wash. Or just take the re...
by djmbob
Fri Mar 24, 2017 5:08 pm
Forum: Investing - Theory, News & General
Topic: TSP, G Fund and the Debt Ceiling
Replies: 8
Views: 1922

Re: TSP, G Fund and the Debt Ceiling

is there any way that congress, the president, or anyone else in D.C. can do something to prevent the G Fund from being made whole Remember the TSP (and G Fund) is used by members of Congress and their staffers... from that perspective, I think "all will be well." Cheers, Ray (Disclosure: 100% TSP ...
by djmbob
Wed Mar 22, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Milestone Review of Portfolio & Increasing Income
Replies: 2
Views: 532

Milestone Review of Portfolio & Increasing Income

Greetings, All, Asking for a fresh pair of eyes on our retirement portfolio and allocations to prepare for age 59 1/2 and anticipated $300K+ in inheritance funds, most of which are already at Vanguard in Taxable, Traditional IRA and Annuity. 1. Overall goal will most likely be to stay with 3-fund To...
by djmbob
Sun Mar 19, 2017 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 17446

Re: Paying $20 to E-File State Return

I use H&R Block (have for many years) and after moving to Oklahoma in 2014 printed and filed my taxes for 2015 (first year as full-time res). BUT, I had to also include my complete federal tax forms, all of my 1099s, my brokerage pages showing fund sales, and even had to send in the Vanguard sheet t...
by djmbob
Wed Mar 15, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: "Important: We've been unable to reach you by email"
Replies: 36
Views: 4869

Re: Vanguard: "Important: We've been unable to reach you by email"

I just received the same letter this past Monday.
A week and a half ago, I went in and changed my email... it had a TYPO, so I'm glad Vanguard noticed quickly and notified me by mail so I could fix it!
Cheers,
Ray
by djmbob
Mon Mar 13, 2017 6:13 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 8514

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

May is Military Appreciation Month at Navy Federal and they frequently have special CD rates then.
Cheers,
Ray
by djmbob
Wed Feb 15, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Excess Contrib to 2016 Roth
Replies: 4
Views: 474

Re: Handling Excess Contrib to 2016 Roth

Just to confirm - you did not make a Roth contribution to your own Roth, just your spouse's Roth using your earned income which is the spousal IRA contribution? There really are no spousal IRAs accounts, just spousal contributions made in certain year to the lower earning spouse's TIRA or Roth IRA....
by djmbob
Wed Feb 15, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Excess Contrib to 2016 Roth
Replies: 4
Views: 474

Re: Handling Excess Contrib to 2016 Roth

Thank you, Alan! Contributed $5000 last June but tax prep shows only able to contribute $2895, so excess = $2105. Based on total salary income and household income, my Spousal IRA for 2016 is $0. Spouse is starting a new 403(b) this year, so all taxable salary will go into that vehicle. Sounds like ...
by djmbob
Wed Feb 15, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Handling Excess Contrib to 2016 Roth
Replies: 4
Views: 474

Handling Excess Contrib to 2016 Roth

Calculating taxes now and W-2 income "buckets" were different than used in planning my Spouse's Roth contribution for 2016, so there is an excess contribution. I seem to remember in the past that when this happened, I could ask Vanguard to apply the excess to the following tax year (2017). However, ...
by djmbob
Sun Feb 05, 2017 2:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: Tulsa Local Chapter?
Replies: 29
Views: 7247

Re: Tulsa Local Chapter?

What became of the Tulsa Chapter?
Transplant from the Washington DC Chapter here, and would love to have a local group to hobnob with.
Any bogleheads in Ttown?
Cheers,
Ray
:sharebeer
by djmbob
Sat Jan 28, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice on 403b Contrib AND Converting TIRA to Roth
Replies: 1
Views: 229

Re: Seeking Advice on 403b Contrib AND Converting TIRA to Roth

Opps, forgot to mention two other important details:
1. Vanguard does not offer a Roth 403b at this time, so that option is off the table.
2. There will most likely not be an employer match or contribution to the 403b, only elective employee salary contributions.
Ray
by djmbob
Sat Jan 28, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice on 403b Contrib AND Converting TIRA to Roth
Replies: 1
Views: 229

Seeking Advice on 403b Contrib AND Converting TIRA to Roth

Good Morning, all! Seeking some advice on best options for retirement account management. My Spouse is a Pastor and we are looking into establishing a Vanguard 403b account for church employees. Current compensation consists of $2000 monthly housing allowance (income tax free, but owes full employer...
by djmbob
Thu Jan 12, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: I bond strategy
Replies: 37
Views: 4025

Re: I bond strategy

When is the May rate announced?
I think not until May 1st.
Ray
by djmbob
Tue Jan 10, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement; "Should I stay or should I go now?"
Replies: 61
Views: 15166

Re: Military Retirement; "Should I stay or should I go now?"

Congrats on your milestone and thank you for your service. I retired from the Air Force after 34 years (both active and reserve) with an active duty retirement. Had to retire by law in 2010 - 59 now and really do miss it. One thing to consider that any here bring up as they consider delaying startin...
by djmbob
Mon Jan 02, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU New Certificate Offering
Replies: 9
Views: 3079

Re: Navy Federal CU New Certificate Offering

Nice to see that the 17-month 2% CD rate is still out there - thought it would have gone away 12/31.
Great deal right now compared to regular Navy 7-year $20-99K at the same rate.
PenFed beats at the 5 and 7 year with 2.25 and 2.35 respectively.
Cheers,
Ray
by djmbob
Tue Dec 13, 2016 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Planning Annuity Withdrawals for 89yo Mom
Replies: 0
Views: 323

Planning Annuity Withdrawals for 89yo Mom

In doing my mom's taxes for many years, I usually take year-end withdrawals from her Vanguard Annuity up to the max income she can take without having to pay FIT. I recently found PapaGeek's wiki on "the tax hump" related to social security and income. https://www.bogleheads.org/wiki/Social_Security...
by djmbob
Mon Oct 24, 2016 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Low Volatility Funds - Should I sell them?
Replies: 13
Views: 1326

Re: Low Volatility Funds - Should I sell them?

Good question, Erwin. Having the same thoughts, so recency bias is probably setting in for me.
I hold Vanguard Global Minimum Volatility Fund Admiral Shares (VNMVX) in my taxable account.
Ray
by djmbob
Mon Sep 19, 2016 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Developed International has been a laggard for some time!
Replies: 6
Views: 1343

Re: Developed International has been a laggard for some time!

Every now and then I pull up the Callahan Periodic Table of Investment Returns to reinforce my plan of maintaining a diverse portfolio, even when there are runs of not so good performance from some market sectors. Makes for a good nights sleep. https://www.bogleheads.org/wiki/Callan_periodic_table_o...
by djmbob
Thu Sep 15, 2016 10:33 am
Forum: Personal Consumer Issues
Topic: Favorite Coffee
Replies: 147
Views: 15381

Re: Favorite Coffee

Copper Moon Hawaiian Hazelnut from Sams Club :D
by djmbob
Sat Aug 27, 2016 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Past Transfer from TIRA to TSP - Included Basis
Replies: 2
Views: 386

Past Transfer from TIRA to TSP - Included Basis

So, several posts about Roth conversions are out there, so I am thinking of doing some for my Spouse. I looked back at a transaction where a few years ago I transferred my TIRA into my TSP account (not into a separate fund within TSP)... and forgot all about the fact that I had a small basis in the ...
by djmbob
Sat Jul 30, 2016 7:56 am
Forum: Investing - Theory, News & General
Topic: Help me learn to love my taxable account
Replies: 27
Views: 4225

Re: Help me learn to love my taxable account

:oops: And, I know it's been "put to bed"... but this discussion is a great addendum to support the Lump Sum versus DCA discussion! :sharebeer
by djmbob
Mon Jul 11, 2016 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Trad to Roth Conversion
Replies: 0
Views: 608

Possible Trad to Roth Conversion

Last year, I think I missed out on the ability to do some Trad IRA conversions to Roth at no cost. Last Oct I bought a BMW i3 (all electric) ((LOVE IT!)) that came with a tax CREDIT of up to $7500. Well, I was only able to achieve $5700 of that and in hindsight, when doing my taxes, figured I could ...
by djmbob
Wed Jun 15, 2016 9:41 am
Forum: Investing - Theory, News & General
Topic: Iceland triggering second thoughts on foreign bonds?
Replies: 42
Views: 4974

Re: Iceland triggering second thoughts on foreign bonds?

I notice that this was passed by their Legislature. It seems reasonable to me that word got out to the market when they were even thinking of initiating legislation (such things are hardly a secret), then there is the time for give and take to get the bill so everyone agrees, then to have the vote t...
by djmbob
Sat May 24, 2014 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: PFCU Mortgage Rate vs APR
Replies: 1
Views: 461

PFCU Mortgage Rate vs APR

Going to be transferring and so house hunting in Tulsa OK the week after this coming week. I'm trying to understanding how APR is derived by reading the wiki here and also the Mortgage Professor site, but am a bit confused. As I understand it, the APR reflects other costs associated with obtaining/c...