Search found 277 matches

by rantk81
Sat May 23, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Moderately Complicated 401K Question (True-Up, Safe Harbor, Compliance)
Replies: 1
Views: 168

Moderately Complicated 401K Question (True-Up, Safe Harbor, Compliance)

EDIT: TL/DR Version: Employer switched (mid-year in 2019) from matching per paycheck, (even after IRS Max contributed), to promising a True-Up. Now in 2020, company has not yet done the 2019 True-Up, and also has eliminated the 401k match due to COVID. They also furloughed me. There's an out-standin...
by rantk81
Wed Apr 29, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is my employer health insurance "affordable"?
Replies: 9
Views: 657

Re: Is my employer health insurance "affordable"?

Get a divorce for ACA and tax purposes, if it is financially favorable to do so, maybe?
by rantk81
Wed Apr 15, 2020 8:49 am
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 167
Views: 22693

Re: [Marcus Savings Account - Interest rate is now 1.7%]

Marcus has dropped the rate to 1.55%
by rantk81
Sat Mar 28, 2020 9:46 am
Forum: Investing - Theory, News & General
Topic: [CARES Act] Overview
Replies: 98
Views: 6421

Re: [CARES Act] Overview

I've got a couple of questions. Sorry if they have already been answered. For the "Recovery Rebates" -- e.g. direct "payments" to individuals: I had unusually large income in 2018 and 2019, which pushes me out of the range for any of those rebates. However, my income for 2020 will most likely be far...
by rantk81
Mon Mar 09, 2020 4:47 pm
Forum: Personal Consumer Issues
Topic: How To Stay Positive When Feeling Nickle and Dimed
Replies: 21
Views: 2884

Re: How To Stay Positive When Feeling Nickle and Dimed

Not as bad as "resort fees" in hotels now. That's even more ridiculous...
by rantk81
Tue Feb 11, 2020 2:40 pm
Forum: Personal Consumer Issues
Topic: ACA Blue Cross Blue Shield HMO and Preventive Services
Replies: 12
Views: 645

Re: ACA BLUE CROSS BLUE SHIELD HMO and Preventive Services

For what it's worth -- When I've had Aetna insurance (owned by CVS), I've had good luck getting those kind of things covered at CVS Pharmacy and CVS Minute Clinic. When I've had BCBS insurance, I've had better luck getting walk-in services from Walgreens pharmacies/clinics.
by rantk81
Tue Feb 11, 2020 2:28 pm
Forum: Personal Consumer Issues
Topic: ACA Blue Cross Blue Shield HMO and Preventive Services
Replies: 12
Views: 645

Re: ACA BLUE CROSS BLUE SHIELD HMO and Preventive Services

I'd just keep calling the insurance company until I got an answer. If the "level 1" person couldn't help, I'd ask to be transferred/escalated to another rep. I would tell then "my PCP's office said they don't offer this service. Where else can I go and have it covered as 100% preventative under the ...
by rantk81
Sun Feb 09, 2020 7:28 am
Forum: Personal Consumer Issues
Topic: Becoming more reclusive as I age - is it OK to be OK with it?
Replies: 101
Views: 7255

Re: Becoming more reclusive as I age - is it OK to be OK with it?

Do whatever makes you feel comfortable and happy, and don't worry about what anyone else thinks :beer
by rantk81
Thu Feb 06, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Rule 72T: Just how does this work? Anyone do this?
Replies: 18
Views: 2997

Re: Rule 72T: Just how does this work? Anyone do this?

I have a couple questions. Practically speaking .. If you go this route, what do the financial firms (Vanguard, Fidelity, etc) do in order to help you? Do they help you set up withdrawals that automatically meet the criteria of whichever withdrawal strategy you choose? Do they help you avoid screwin...
by rantk81
Mon Jan 27, 2020 8:21 am
Forum: Personal Investments
Topic: First time 1099-b
Replies: 11
Views: 678

Re: First time 1099-b

In GENERAL when reporting capital gains for tax purposes, you take your gross proceeds (box 1d) and subtract the cost basis (box 1e) in order to get your taxable "capital gain" amount. There are a lot of got'cha's though. I'd suggest reading the IRS Publication 550. If you are going to be using tax ...
by rantk81
Mon Jan 27, 2020 7:58 am
Forum: Personal Investments
Topic: First time 1099-b
Replies: 11
Views: 678

Re: First time 1099-b

1099-B box 1d displays the value of gross proceeds of any sale of securities. Even if you didn't take a "distribution" out of your account -- If you sold/exchanged any shares/funds, that is a sale, which is a taxable event. Is this from the "Covered" or "Non-Covered" portion of your 1099-B? Does it ...
by rantk81
Sat Jan 25, 2020 9:02 am
Forum: Personal Finance (Not Investing)
Topic: HSA receipts
Replies: 64
Views: 3696

Re: HSA receipts

Was this HSA technique the intent of Congress? Or is it an unintended loophole that will eventually be closed? I believe it was probably intentional, as they are Health "Savings" accounts, that are allowed to be invested and kept invested from year to year. In any case, if there are rumblings about...
by rantk81
Fri Jan 24, 2020 5:49 pm
Forum: Investing - Theory, News & General
Topic: Hsa
Replies: 12
Views: 982

Re: Hsa

elvisimprsntr wrote:
Fri Jan 24, 2020 5:05 am
Mine says they will, but never do when I initiate it from Fidelity end.
Me too. Does it happen to be with PayFlex that says they have an xfer-out fee, but doesn’t charge it when Fidelity initiates it?
by rantk81
Fri Jan 24, 2020 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Didn't max out HSA in 2019
Replies: 2
Views: 273

Re: Didn't max out HSA in 2019

My HSA custodian will let me contribute (via ACH) online, and has an option for me to elect which tax year the contribution is from. Maybe yours has the same? If your family was covered by a HDHP last year, you should be able to add the additional amount to reach the cap. Even at 12% marginal rate, ...
by rantk81
Thu Jan 23, 2020 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Marcus bonus: Timing of withdrawing funds
Replies: 32
Views: 3380

Re: Marcus bonus: Timing of withdrawing funds

Making an update to this thread: Yesterday, Marcus sent me an email/offer of another promotion. $100 to deposit $10,000 of "new money" this week, and hold it there for 60 days. Existing savings accounts are eligible! I already signed up for the bonus and scheduled the transfer! This is the link that...
by rantk81
Mon Jan 20, 2020 3:43 pm
Forum: Investing - Theory, News & General
Topic: ESPP - company giving a do-over option
Replies: 17
Views: 1325

Re: ESPP - company giving a do-over option

Not a lawyer or tax pro or an accountant... but that sounds fishy to me because I have never heard of such a thing. Might be worth taking some time to read IRS Pub 525 to see what/if any possible pitfalls and/or tax consequences there would be? Myself personally, if I were presented with all of this...
by rantk81
Sat Jan 18, 2020 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Medical Billing, out of network service
Replies: 18
Views: 984

Re: Medical Billing, out of network service

Thanks for all the responses... Yes, got the EOB and the check. Did not cashed the checked, just holding on. Yes we received care in an in network facility and an in network surgeon. Should we do this "Identify the specific provider on that EOB that was out of network. It might be one particular ph...
by rantk81
Sat Jan 18, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Medical Billing, out of network service
Replies: 18
Views: 984

Re: Medical Billing, out of network service

So you received an EOB from your insurance company for some service that an out-of-network provider billed at a rate of $45,000? And the EOB shows that the insurance company will only reimburse about $400 for those services? And the insurance company mailed you a check for that amount instead of pay...
by rantk81
Tue Jan 07, 2020 10:39 am
Forum: Investing - Theory, News & General
Topic: FZROX vs VTSAX
Replies: 28
Views: 5964

Re: FZROX vs VTSAX

pop quiz: how much is State Farm's S&P 500 index fund's (SNPAX): current management fee? front load? 12-b 1 fee? expense ratio? if not sure, check here: https://www.bloomberg.com/quote/SNPAX:US and report back. I knew it was bad, but not THIS bad. The fact that they are able to attract and retain i...
by rantk81
Tue Dec 31, 2019 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: ACA "PPO plans" in North Carolina, and/or Virginia
Replies: 32
Views: 1209

Re: ACA "PPO plans" in North Carolina, and/or Virginia

In theory (by law), any ACA-compliant plan (not just the ones on the exchange) is supposed to cover out-of-network care in an emergency.

In practice, I bet that more often than not, you'll have to fight and fight and fight and escalate, in order to get the insurance company to pay the claims.
by rantk81
Tue Dec 31, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: ACA "PPO plans" in North Carolina, and/or Virginia
Replies: 32
Views: 1209

Re: ACA "PPO plans" in North Carolina, and/or Virginia

What are general differences between PPO and POS? I know the HMO is totally different. https://healthcoverageguide.org/reference-guide/coverage-types/point-of-service-plan-pos/ A point-of-service plan (POS) is a type of managed care plan that is a hybrid of HMO and PPO plans. Like an HMO, participa...
by rantk81
Tue Dec 31, 2019 9:44 am
Forum: Personal Finance (Not Investing)
Topic: ACA "PPO plans" in North Carolina, and/or Virginia
Replies: 32
Views: 1209

Re: ACA "PPO plans" in North Carolina, and/or Virginia

Just a couple words of caution (about picking your residency based on available ACA PPO plans in one year): 1) The plans change ever year. Just because a zip code may have certain plans (PPO network) in one year, is no guarantee that it will continue to have it in future years. But even more importa...
by rantk81
Mon Dec 30, 2019 6:00 pm
Forum: Personal Investments
Topic: How do you store your medical receipts?
Replies: 9
Views: 802

Re: How do you store your medical receipts?

To all the folks who are relying on potentially having massive future expenditures: I know this may be a pipe dream, but what if, at some point, we do actually get a universal-single-payer-system with no out of pocket costs? It might end up being hard to make qualified withdrawals in that case! I ke...
by rantk81
Mon Dec 30, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: Noise Cancelling Headphones
Replies: 20
Views: 1930

Re: Noise Cancelling Headphones

Bose Noise Cancellation Headphones (very pricey) ( The wireless models are pricey, but you can get the wired Bose Quiet Comfort 25 for $129 from Amazon. It has the same noise-canceling tech as the $350 wireless model. My QC35's used to have amazing noise cancelling ability when I first purchased th...
by rantk81
Tue Dec 10, 2019 10:23 am
Forum: Personal Investments
Topic: Simple Question about Dividends and Taxes
Replies: 5
Views: 555

Simple Question about Dividends and Taxes

If I own a dividend-paying-stock/fund that goes ex-dividend in 2019, but has a dividend-pay-date in 2020 ... Will my broker report that dividend income on a 1099-DIV in 2019 or in 2020? I tried googling for this, but did not find an answer.... Most sites seem to just focus on explaining qualified vs...
by rantk81
Thu Dec 05, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: termination with out severance from a mega-corp
Replies: 51
Views: 8967

Re: termination with out severance from a mega-corp

toofache32 wrote:
Sun Dec 01, 2019 8:38 pm
I was thinking the same thing. This is an ethical issue. And we're talking about lawyers. Too bad the 99% ruin it for the 1%.
:D :D :D
by rantk81
Sun Nov 24, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Passport Renewal and USPS
Replies: 14
Views: 1391

Re: Passport Renewal and USPS

I just renewed mine a couple months ago.
The tracking website worked well for me.
The "non-expedited" time, from the day I mailed it, to the day I received the new passport -- was almost exactly 5 weeks.
by rantk81
Tue Nov 19, 2019 8:17 am
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 167
Views: 22693

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

Marcus just dropped the interest rate on the savings account for me, from 1.9% to 1.7% (matching Ally.)
by rantk81
Tue Nov 05, 2019 6:10 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 61
Views: 9092

Re: Spectrum Internet has a good scam going

Sounds like a good case for:

https://www.fcc.gov/media/cable-televis ... le-service

Maybe even alerting Spectrum to the fact that you are considering logging a FCC complaint -- will resolve the issue for you.
by rantk81
Tue Nov 05, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Company Reviews
Replies: 15
Views: 1422

Re: Health Insurance Company Reviews

In my local market (Chicago), "Ambetter" offers plans on the ACA Exchange. The plans seem to only include the much lower cost and lower prestige hospitals and facilities. None of the top tier (or even medium-tier) facilities in my locale are included in network with Ambetter. The provider networks a...
by rantk81
Mon Nov 04, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Silver Health Plan
Replies: 10
Views: 1172

Re: Bronze vs Silver Health Plan

Good point, and I am going to go through the 200 page fine-print today to make sure. All the summaries indicate that everything is the same between the two plans except for the numbers I posted, but want to make sure. The co-pay info should be available in the SBC (Summary of Benefits and Coverage)...
by rantk81
Mon Nov 04, 2019 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Silver Health Plan
Replies: 10
Views: 1172

Re: Bronze vs Silver Health Plan

Link to the 2 plans you are looking at? I can't provide a link - the details are on a password-protected site so not sure how to do that. The particulars are BRONZE: Monthly Premium $241, Deductible $6,000, Coinsurance 70%, Out of Pocket Max $13,800 SILVER: Monthly Premium $471, Deductible $4,000, ...
by rantk81
Sun Nov 03, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 4124

Re: No out of network coverage

Also, if a doctor decides to send your specimen to out of network lab but you didn't know about it in advance, you're most likely on the hook for the full price. So, if you know you will need tests done you must plan a list of questions to ask your doc and your insurance and then somehow decide on ...
by rantk81
Fri Nov 01, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Marcus bonus: Timing of withdrawing funds
Replies: 32
Views: 3380

Re: Marcus bonus: Timing of withdrawing funds

Earlier this morning, it was not checked for me. But now it IS checked.
by rantk81
Thu Oct 31, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide on HSA
Replies: 21
Views: 1358

Re: Help me decide on HSA

Ah, I knew some preventative medications where fully covered, but I thought that was defined by the ACA, not up to the discretion of the insurer. Well, the set of medications that CAN qualify for this special case -- yeah that's defined by the ACA. But it is at the discretion of the insurer if they...
by rantk81
Thu Oct 31, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide on HSA
Replies: 21
Views: 1358

Re: Help me decide on HSA

If you have expensive prescriptions, one thing to verify is whether the prescription drug costs are only covered once you hit your deductible under the HDHP. Some HDHP plans work that way and the prescription coverage only kicks in once you have hit your deductible. Isn't that a requirement of HSA ...
by rantk81
Thu Oct 31, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide on HSA
Replies: 21
Views: 1358

Re: Help me decide on HSA

Whether or not a plan has a PPO network is completely separate from whether or not it is a HDHP compatible plan. PPO refers to how the doctor network is structured. HDHP refers to details of how the cost-sharing part of the plan is structured. A HDHP plan could have a PPO network or a non-PPO networ...
by rantk81
Thu Oct 31, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: HDHP or THP
Replies: 5
Views: 626

Re: HDHP or THP

The Non-HDHP plan is going to be about $3500 more expensive to you (considering both premium and $500 employer credit,) right off-the-bat before you even think of utilizing any medical services. The Non-HDHP plan has a higher Out Of Pocket Max. The HDHP will allow you to save in an HSA. If the docto...
by rantk81
Thu Oct 24, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 13522

Re: Ok to go without health insurance?

Putting aside anything relating to the OP's income and net worth.... The "more expensive" PPO plan, at $16K/yr for a family of four. Let's put it into perspective. That's $333 per person, per month. A lot of folks with employer "sponsored" insurance can pay similar'ish amounts. That's a pretty good ...
by rantk81
Mon Oct 21, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Can HSA be funded from IRA or 401(k)?
Replies: 7
Views: 575

Re: Can HSA be funded from IRA or 401(k)?

I honestly don't see why someone might want to do this.
To maximize my tax-advantage-investment accounts, I'd prefer to use my regular income as much as possible to fund the HSA, instead of using money that was already tax-advantaged to fund it.
by rantk81
Mon Aug 19, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Paying credit card "current balance" vs. "statement balance"
Replies: 48
Views: 4923

Re: Paying credit card "current balance" vs. "statement balance"

For those with the Citi Double Cash Back card -- I intentionally DO NOT have my rewards credited to my CC balance. I have them direct deposited into my checking account instead. Aren't you missing out on part of your rewards by having your balance reduced via rewards, instead of "paying" the higher ...
by rantk81
Mon Aug 19, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Question on Chronic Conditions and Wellness Exams
Replies: 24
Views: 1859

Re: Question on Chronic Conditions and Wellness Exams

MtnTraveler wrote:
Mon Aug 19, 2019 10:17 am
I definitely wouldn't necessary jump up and down saying you need to find a new doctor.
If I had less than 5 minutes with the doctor, and it was coded as more complex than a wellness visit, I certainly would be looking for a new doc.
by rantk81
Mon Aug 19, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Question on Chronic Conditions and Wellness Exams
Replies: 24
Views: 1859

Re: Question on Chronic Conditions and Wellness Exams

This is part of the ridiculousness of the US health care system. I also take a very inexpensive generic maintenance drug. However, I haven't actually been billed by my primary doctor for refill requests though! Maybe it helps that my insurance is through Aetna, and I get my 'scripts filled at CVS (w...
by rantk81
Thu Aug 15, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: HSA investing fee (PayFlex)
Replies: 28
Views: 2394

Re: HSA investing fee (PayFlex)

In planning to move my investments from PayFlex to Fidelity, I closed my PayFlex investment account (and liquidated the mutual fund holding into cash) on Tuesday, right after the big market rally. And it missed the big market plunge on Wednesday. Not an intentional act of "market timing", but this s...
by rantk81
Tue Aug 13, 2019 7:08 am
Forum: Personal Finance (Not Investing)
Topic: HSA investing fee (PayFlex)
Replies: 28
Views: 2394

Re: HSA investing fee (PayFlex)

FYI - I asked PayFlex if they would be able to transfer invested assets "in kind" to a new HSA Trustee. The answer is : Nope. I must liquidate my investments into cash before it is transferred over. I would have considered paying the $25 "transfer out fee" if they would have kept my funds invested.....
by rantk81
Mon Aug 12, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 11140

Re: Critique my exercise routine because it's not working for me

Eat less sugars and carbs. Carb consumption increases insulin production. Insulin is what prevents your body from burning fat, and causes your body to store fat. Eat more healthy fats. Fats don't spike insulin levels. Good sources are: avocados, olive oil, the fattier cuts of meat, fatty fish, cocon...
by rantk81
Sun Aug 11, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: HSA investing fee (PayFlex)
Replies: 28
Views: 2394

Re: HSA investing fee (PayFlex)

Same email for me too.
by rantk81
Sun Aug 11, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Optum HSA Fee Increase Notice
Replies: 30
Views: 4293

Re: Optum HSA Fee Increase Notice

PayFlex sent me a similar notice on Friday. They are going to start charging me 0.02% per month of my "invested balance". Basically a quarter of a percent per year. More than the expense ratio on a good index fund! I am going to transfer my entire account balance to a new Fidelity HSA soon. However,...
by rantk81
Sat Jul 20, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: HDHPs now allowed to cover maintenance for chronic conditions before deductible
Replies: 2
Views: 652

Re: HDHPs now allowed to cover maintenance for chronic conditions before deductible

HDHPs have been able to include preventative maintenance RX (ex blood pressure meds) before deductible for at least a couple years. This announcement seems to expand it to a few more things. Whether or not a particular insurance plan actually provides a benefit for those items before deductible is n...