Search found 236 matches

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: 4370

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: 1744

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: 1744

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: 22
Views: 1318

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: 22
Views: 1318

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: 8847

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: 22
Views: 1318

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: 3630

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: 523

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...
by rantk81
Thu Jul 18, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8424

Re: Harrassed at work, what steps to take to protect her future employment

I would recommend that she: 1. Make sure that documentation of all of this stuff is in her own posession - and would probably do so by PDF'ing email records and transfering them to a usb drive. Probably better than forwarding them to her personal email - because depending on company rules and who r...
by rantk81
Tue Jul 16, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: Ally Bank [customer service problems]
Replies: 20
Views: 2083

Re: Ally Bank [customer service problems]

No problems for me with the Ally site!
by rantk81
Thu Jul 11, 2019 10:20 am
Forum: Personal Investments
Topic: 25 years to retirement; assume 0 future contributions
Replies: 21
Views: 2547

Re: 25 years to retirement; assume 0 future contributions

Would welcome thoughts on the following atypical scenario (and I know it requires making a number of assumptions, but please bear with me as a hypothetical exercise): - couple in late 30s; husband works; wife will be homemaker ... What do you do and how do you invest? The same way as if I had a $0 ...
by rantk81
Thu Jul 11, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Question about dental insurance
Replies: 4
Views: 399

Re: Question about dental insurance

What do you mean "billed in 2019"?

The bills should have a procedure date on them for each service, and the insurance that was in effect at the time (the old one) should be the one paying the claims.
by rantk81
Wed Jul 10, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

Back when I had employer insurance, it was very common that the Physicians I would see for me to have a Copay. When I would check in, most of the time the staff would not have a clue what my copay should be. They would ask me. I would say that I did not know - bill me after you file the claim. I be...
by rantk81
Wed Jul 10, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

I wonder if the internet can "break" this paradigm. Could one setup a website to crowd source medical payment information? Get an EOB, submit your CPT codes, provider, insurance, and negotiated rates. Do some data analytics, and presto, after months, all of this becomes public. Waze for health care...
by rantk81
Wed Jul 10, 2019 6:55 am
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

Maybe check the GoodRX price? In my case, since I am a "captive customer" of CVS pharmacies (since Aetna is my insurance, and they literally don't consider any other pharmacy to be "in network for me), GoodRX prices are cheaper than my "negotiated price" for prescriptions in every instance I've che...
by rantk81
Tue Jul 09, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance - Cautionary Tale
Replies: 22
Views: 2289

Re: Umbrella Insurance - Cautionary Tale

We used to have an umbrella policy. The exclusions listed, as I recall, were minimal. I think the issue would be what is included. An umbrella policy covers your liability if sued. It would not cover legal expenses to defend against a criminal accusation. My policy was written "special" for me -- a...
by rantk81
Tue Jul 09, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance - Cautionary Tale
Replies: 22
Views: 2289

Re: Umbrella Insurance - Cautionary Tale

I don't know how "standardized" umbrella insurance policies are -- but when I considered signing up for a policy, I decided not to enroll after seeing all of the exclusions listed.
by rantk81
Tue Jul 09, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

Maybe check the GoodRX price? In my case, since I am a "captive customer" of CVS pharmacies (since Aetna is my insurance, and they literally don't consider any other pharmacy to be "in network for me), GoodRX prices are cheaper than my "negotiated price" for prescriptions in every instance I've che...
by rantk81
Tue Jul 09, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

Maybe check the GoodRX price? In my case, since I am a "captive customer" of CVS pharmacies (since Aetna is my insurance, and they literally don't consider any other pharmacy to be "in network for me), GoodRX prices are cheaper than my "negotiated price" for prescriptions in every instance I've chec...
by rantk81
Tue Jul 09, 2019 9:43 am
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

For my Dental Insurance, my dentist seems to always know what my out of pocket cost will be, down to the penny... including any deductibles that may need to be met (or not) and how much my co-insurance will be, and the cost for services the insurance doesn't cover. I pay any out-of-pocket costs up-f...
by rantk81
Tue Jul 09, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

Anyway, I came across https://www.fairhealthconsumer.org in the last hour of searching. The prices it gives look reasonable - if I take the assumption that in-network rates are roughly the same across providers for the same CPT code, it's obvious how to proceed (just pick a good doctor that doesn't...
by rantk81
Mon Jul 08, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to obtain contracted rates for medical procedures?
Replies: 97
Views: 3973

Re: How to obtain contracted rates for medical procedures?

What's the proper way to figure out what a procedure will cost given insurance info, billing codes, and provider? In my experience, my insure company (Aetna) could not quote me the negotiated rates even when I was providing them all the CPT codes and provider NPI IDs ahead of time.... I guess rolli...
by rantk81
Mon Jul 08, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1634

Re: Customer negotiating invoice payment

Glad it worked out!
by rantk81
Mon Jul 08, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 28689

Re: Americans believe they need $1.7 million, on average, to retire

What's the magic number for retirement savings? $1.7 million, according to a survey from Charles Schwab. How many of here are retired, or thinking of retiring, near this #? Assuming no pension, no mortgages/rents, and excluding main residences. Excluding main residence, that's about what we figure....
by rantk81
Sat Jul 06, 2019 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Lifetime taxes paid - Federal, State, OASDI, City
Replies: 2
Views: 504

Re: Lifetime taxes paid - Federal, State, OASDI, City

I've actually been tracking exactly this, in a spread sheet, ever since I graduated from college. I've tracked all of my W-2's, and actual tax burden for federal, state, SS, Medicare. Since 2004 and through the end of 2018, I've paid a little more than $470,000 total in Federal, State, SS, and Medic...
by rantk81
Fri Jul 05, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: How much should I have saved for retirement by age 40?
Replies: 111
Views: 18311

Re: How much should I have saved for retirement by age 40?

Trying to hit $1.75M to 2.0M in invested assets (in addition to paid off home) by the time I hit 40, and then will happily pull the rip-cord on my FIRE parachute. How much "should" one have? Impossible to answer because everyone's life situations and income is different.
by rantk81
Fri Jul 05, 2019 8:12 am
Forum: Personal Investments
Topic: Noob worried about retiring in 7-10 years! Will I have enough - you decide!
Replies: 32
Views: 3835

Re: Noob worried about retiring in 7-10 years! Will I have enough - you decide!

Do you have a good idea what your actual monthly expenses are? You might want to try to track your expenses closely. -- I'm asking this because this doesn't add up to me: You say you make $75K/yr and are going to be putting 24K into a 401k and then possibly some into an IRA? That leaves $50K or less...
by rantk81
Thu Jul 04, 2019 7:15 am
Forum: Personal Finance (Not Investing)
Topic: The Day Has Come - Hit Retirement Number - Now What?
Replies: 103
Views: 10626

Re: The Day Has Come - Hit Retirement Number - Now What?

With the recent run-up in the market, I hit my retirement number today. House paid for, child through college, no real debt. I have 35 years of social security contributions (I've been working at least part time since I was 12), and wife will collect a healthy pension in 10+ years. She loves her jo...
by rantk81
Mon Jul 01, 2019 1:15 pm
Forum: Personal Investments
Topic: HSA and small medical bills
Replies: 17
Views: 857

Re: HSA and small medical bills

Up to you. I can see arguments both ways. Myself personally, I keep all of my HSA invested, and put receipts up on a Google Drive folder organized by year. In all likelihood, those receipts won't be necessary -- as I'll use my HSA to pay my Medicare premiums when I come of age for that...
by rantk81
Thu Jun 27, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Apartment to sue or not to sue
Replies: 44
Views: 5444

Re: NYC Apartment to sue or not to sue

Thanks for this thread. Sorry that I have nothing useful in terms of advice for the OP... but I do want to say that this alerts me to be overly cautious about thinking about being a landlord in that real estate market, EVER! Hah!
by rantk81
Thu Jun 27, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: Package delivery man damaged door
Replies: 55
Views: 3840

Re: Package delivery man damaged door

Guys, I've just had my door damaged for no reason. Person only had to knock. Think you could save the snide comments? He was on drugs. I agree with your sentiment. I've often seen folks on this board make suggestions that everything is the fault of the original poster. "XYZ wronged you? You should ...
by rantk81
Wed Jun 26, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant identity theft issue on lease
Replies: 40
Views: 4205

Re: Tenant identity theft issue on lease

Obviously, start the notice/eviction process immediately. If you want, pursue both of them for the deficit. If the daughter claims it isn't her signature, then it is up to the daughter to file a police report against her mother for the fraudulent signature. Until then, assume and act as if the daugh...
by rantk81
Tue Jun 18, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance: Refusal to Disclose Language Before Writing?
Replies: 7
Views: 1016

Re: Umbrella Insurance: Refusal to Disclose Language Before Writing?

Last year I was interested in an Umbrella policy. I went to my Allstate agent, and they told me that they use a third party for Umbrella Insurance for people in my situation (e.g. I have no car, so no separate auto policy.) I signed up for the policy. But when I received the whole policy document in...
by rantk81
Tue Jun 18, 2019 8:09 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 355
Views: 42795

Re: How Bad was 2008, really?

Grt2bOutdoors wrote:
Tue Jun 18, 2019 8:05 am
It was so bad that those with 3-6 months of expenses saved as an e-fund were sweating it, there were very very few jobs to be had.
I had a 12-month E-Fund, and was not laid off, but I was CERTAINLY sweating it!!!
by rantk81
Tue Jun 18, 2019 7:32 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 355
Views: 42795

Re: How Bad was 2008, really?

How bad was it? Nearly all employers across all industries were laying off employees like crazy. Many other companies went out of business. Virtually no companies were hiring. Many folks were long-term unemployed, and had almost no chance of ever getting another position again at their old salary. A...
by rantk81
Tue Jun 18, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9666

Re: Article on high deductible health plans - and the math

The math is unique for everyone. Especially if you're in a situation to use subsidies + ACA for some reason. Great post PeterParker. I actually do make "scenario comparison" spreadsheets each year to compare my employer's choices. So far, the HDHP+HSA plan has always been the clear winner. The one ...
by rantk81
Mon Jun 17, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 12435

Re: With hindsight, what signs indicated you were about to lose your job?

samsoes wrote:
Mon Jun 17, 2019 1:33 pm
the nickname for the HR rep was changed from "the angel of death" to "the angel of mercy."
We called ours "hatchet-lady". Whenever we saw her on-site on a Monday, we knew something was going to be happening that week!
by rantk81
Mon Jun 17, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9666

Re: Article on high deductible health plans - and the math

Up until this year, we've always used my wife's company HDHP as I was self employed. The deductible was $2500 and the company contributed $500 match to HSA. She was laid off, so this year we on the ACA Silver plan $450/mo. that has deductible 3x of her old companies, but miraculously does not count...
by rantk81
Mon Jun 17, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9666

Re: Article on high deductible health plans - and the math

The $7000 into the HSA is deductible in either case. If you are not in an HDHP, you are not eligible to contribute to an HSA. Yes, that is correct. I thought we were all talking exclusively about HDHP's in this thread though... but I re-read your post, and realize you must have been referring to a ...
by rantk81
Mon Jun 17, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9666

Re: Article on high deductible health plans - and the math

These two options are really similar: 1) $6,000 annual premium + $6,000 deductible. 2) $12,000 annual premium. In fact, (1) is really superior because you may not use the whole deductible. In reality, the numbers may not be like that, but when you factor in annual maxes and employer contributions, ...
by rantk81
Mon Jun 17, 2019 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9666

Re: Article on high deductible health plans - and the math

These two options are really similar: 1) $6,000 annual premium + $6,000 deductible. 2) $12,000 annual premium. In fact, (1) is really superior because you may not use the whole deductible. In reality, the numbers may not be like that, but when you factor in annual maxes and employer contributions, ...
by rantk81
Mon Jun 17, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 12435

Re: With hindsight, what signs indicated you were about to lose your job?

Constant bullying and a helpless manager (who agreed about bullying, refused to help but proceeded to performance manage me) should be flashing red lights. I will never try to fix a bully situation again. I will find a different job. To heck with that place. Unless there is some really lucrative (f...
by rantk81
Sun Jun 16, 2019 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 12435

Re: With hindsight, what signs indicated you were about to lose your job?

I haven’t been laid off, but my employer is highly levered and there have been countless layoffs that have occurred to colleagues around me. The biggest sign there will be layoffs is if your employer is involved in leveraged buyouts. Other signs... No more free soda, or minor perks. Benefit cuts. St...
by rantk81
Sun Jun 16, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9666

Re: Article on high deductible health plans - and the math

In my opinion, it's kind of meaningless to talk about "HDHP" plans in the ACA sense -- in terms of affordability... because the actual cost range is so vast. I'm pretty sure both scenarios below can technically be classified as an "HDHP" under the ACA: Impossibly generous scenario: Employer pays 100...
by rantk81
Wed Jun 12, 2019 9:12 am
Forum: Investing - Theory, News & General
Topic: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?
Replies: 23
Views: 2385

Re: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?

The broker will track it for you. But I recommend tracking it yourself too, just in case the broker screws up. I have a nightmare of my own right now. Many years ago, I bought shares of Dow Chemical (DOW) and DuPont (DD). Several odd lots of each, on different dates, over several years. Then things ...
by rantk81
Wed Jun 12, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: [Proposed changes to 401(k) and IRAs]
Replies: 85
Views: 4229

Re: "Help Is Almost Here for Retirement Savers"

The thing I don't understand about annuities is... The effective, inflation adjusted rate of return seems to be a rate that is lower than the dividend yield on many of the insurance company stocks that sell annuities. Whether you buy an annuity from an insurance company, or buy the stock of the insu...
by rantk81
Fri Jun 07, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: Social Security Question
Replies: 15
Views: 1266

Re: Social Security Question

Rephrasing my post since it came out on the wrong side of Thor's Hammer! During my lifetime, there was already legislation passed that affected me by increasing my contributions and reducing my benefits. It would be a real gut-punch for additional legislation or additional rule-changes that would, a...
by rantk81
Thu May 30, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Brokerage for small HOA
Replies: 17
Views: 825

Re: Brokerage for small HOA

Wow! So no experience with using a brokerage to buy treasuries and federally insured CDs for an HOA? I did not understand the objection to treasuries. Enlighten me please. Schwab requires $250,000 for an organizational account. I was checking with other providers on that. Maybe it's not practical f...
by rantk81
Thu May 30, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Brokerage for small HOA
Replies: 17
Views: 825

Re: Brokerage for small HOA

I would not do anything that wasn't FDIC insured, or else I could see homeowners potentially filing lawsuits against the board. I wouldn't even do treasuries. Best bet would probably be a high yield online bank like Ally and/or CapitalOne -- making sure that all accounts are safely under the 250K FD...