Search found 37 matches

by GuineaPig
Tue Nov 07, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: PayPal Mastercard decline due to freeze
Replies: 20
Views: 1413

Re: PayPal Mastercard decline due to freeze

My experience with applying for this card (which I posted elsewhere) is below. There are other options out there -- it's not worth your time to deal with them. Because I am planning to freeze my credit, I went ahead and applied for this card, even though I don't really need it. I was denied, despite...
by GuineaPig
Fri Nov 03, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Buying/Selling I-Bonds and taxes
Replies: 10
Views: 1321

Re: Buying/Selling I-Bonds and taxes

4) Our daughter is on NY Child Health Plus insurance, so we're trying to keep our MAGI under $81,684 to maintain a premium subsidy. Looking at form 8815, Schedule B, and form 1040, it doesn't look to me like excluded interest from I-Bonds used for education counts as "non-taxable interest" that wou...
by GuineaPig
Fri Oct 27, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

For Lively, the entire signup process and trustee-to-trustee transfer process was smooth, easy, and fast. Furthermore, their support felt like it knew the business, whereas First Tech support was unreliable (sometimes good, sometimes not). I'm in the same position of departing Alliant, and set up a...
by GuineaPig
Sat Oct 21, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

[...] invested the money in an intermediate-term Treasury ETF (ITE). [...] might I just as well go ahead and set the Treasury bond ETF to auto-reinvest dividends? Because this ETF distributes income monthly, I'd re-invest manually rather than automatically. It could be done on longer intervals like...
by GuineaPig
Wed Oct 18, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

Thank you all for your help. At this point, I've finally managed to get my Lively account setup, done the trustee-to-trustee transfer, opened the TD Ameritrade account, and invested the money in an intermediate-term Treasury ETF (ITE). And I even did this with the additional confusion of TD Ameritra...
by GuineaPig
Tue Oct 17, 2017 3:15 pm
Forum: Investing - Theory, News & General
Topic: Does bond length matter for investing in bond funds?
Replies: 20
Views: 1837

Re: Does bond length matter for investing in bond funds?

Thank you for posting this thread, though I know it has been discussed many times. I also live in California and share the overall "meh" feeling about investing my HSA in an investment that bears 1.7% interest (that's the current SEC Yield for ITE, the intermediate Treasury ETF). And yet, a couple o...
by GuineaPig
Mon Oct 16, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45248

Re: TD Ameritrade Drops Vanguard From Revamped Commission-Free ETF Lineup TD Ameritrade will nearly triple its overall c

I just noticed that the returns on these (and VGIT) are depressingly low. What do you think about this fund, with a lower ER and higher returns? SPTL (SPDR Portfolio Long Term Treasury ETF) ITE for comparison: https://us.spdrs.com/en/etf/spdr-bloomberg-barclays-intermediate-term-treasury-etf-ITE I ...
by GuineaPig
Mon Oct 16, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45248

Re: TD Ameritrade Drops Vanguard From Revamped Commission-Free ETF Lineup TD Ameritrade will nearly triple its overall c

Probably ITE (SPDR Bloomberg Barclays Intermediate Term Treasury ETF) at 10 bp. It's a 1-10 year treasury fund rather than a 3-10, but it's similar to VGIT. Yep, I'm in the exact same boat: HSA in CA. If you look at the PDF, search for "Treasury" or "TIPS" and any of those will avoid having to fuss...
by GuineaPig
Sat Oct 14, 2017 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 147
Views: 16108

Re: New HSA provider Lively offers investments for $30/yr fee

Looks like TDAM decided that they don't make any money offering Vanguard ETFs. With iShares, I think they might get some kickback from Blackrock. Personally, for the purposes of where to house an HSA, I don't think this really changes anything for me. I recall that SelectAccount uses Schwab with it...
by GuineaPig
Fri Oct 13, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

Guinea Pig, I wouldn't let the fear of bookkeeping influence your investment decisions. Although it might seem like a daunting task, it's really very easy to keep track of your HSA separately for state tax purposes. Once you go through the reporting one year, you won't be intimidated. I was the sam...
by GuineaPig
Fri Oct 13, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 147
Views: 16108

Re: New HSA provider Lively offers investments for $30/yr fee

Since my HSA rollover could arrive at Lively as early as this weekend, I clicked through the link on Lively to set up my TD Ameritrade account. The process was painless. All of my account information was automatically populated. I just had to answer the standard brokerage questions, accept all of T...
by GuineaPig
Fri Oct 13, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

I have managed to open my account and do the trustee-to-trustee transfer to Lively (a new provider discussed in other threads). I had planned to do First Tech Credit Union, described above, and even opened a First Tech savings account. However, the paperwork for opening an HSA with them was very con...
by GuineaPig
Fri Oct 13, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

I have considered just getting a TIPS fund (which would help some for the CA taxes, though the capital gains issue would remain), but I already have i-Bonds as a large portion of my bonds allocation. You could also use an ordinary Treasury fund in the HSA, and shift your other bond holdings more to...
by GuineaPig
Fri Oct 13, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: Anyone else using HTTPS Everywhere or similar?
Replies: 16
Views: 1513

Re: Anyone else using HTTPS Everywhere or similar?

The extensions I use for security/adblock: 1. Ublock origin 2. Privacy badger 3. HTTPS everywhere I haven't experienced any issues with any of the sites I visit while using these. I use these three plus Disconnect. Occasionally I find a site doesn't work quite right, in which case I'll run it in a ...
by GuineaPig
Thu Oct 05, 2017 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement plan options for - Small business (2 employees + owner) with separate 1099 income (owner) on the side
Replies: 10
Views: 713

Re: Retirement plan options for - Small business (2 employees + owner) with separate 1099 income (owner) on the side

Because of the timing, I'd like to make sure I understand this correctly. My wife is planning to ask her boss to set up a SIMPLE IRA for the 2018 tax year. It's fine if the plan starts in March or April, she just wants to make sure she has enough time to make her full year's contribution ($12,500)....
by GuineaPig
Wed Oct 04, 2017 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Retirement plan options for - Small business (2 employees + owner) with separate 1099 income (owner) on the side
Replies: 10
Views: 713

Re: Retirement plan options for - Small business (2 employees + owner) with separate 1099 income (owner) on the side

The deadline for establishing a SIMPLE IRA is 60 days prior to Jan 1, or before Nov 2 of the prior year. The deadline you missed for a 2017 SIMPLE was Nov 2, 2016, not this Oct 1. Hopefully you've picked a low-cost provider such as Vanguard, Fidelity etc. for your SEP and the SIMPLE. :happy Actuall...
by GuineaPig
Thu Sep 28, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: Paypal 2% cash back credit card
Replies: 15
Views: 2171

Re: Paypal 2% cash back credit card

Because I am planning to freeze my credit, I went ahead and applied for this card, even though I don't really need it. I was denied, despite a very high credit rating. I believe I was denied because I refused to give them a cellphone number. (I don't consider a text message to be as secure as a voic...
by GuineaPig
Thu Sep 28, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 51
Views: 6327

Re: I-Bonds?

In addition to the above-mentioned tax shifting from a current high tax bracket to a lower tax bracket when redeeming the I Bonds, they can also be used tax-free for qualifying educational expenses. I have considered this one of the biggest strengths of I-Bonds, since I'm planning to use them for t...
by GuineaPig
Wed Sep 27, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 147
Views: 16108

Re: New HSA provider Lively offers investments for $30/yr fee

I am going to give it a try. The money in the cash side is FDIC-insured (it appears to be at "Choice Financial," a North Dakota bank). The investment account it at TD Ameritrade. I'm imagining that if Lively were to collapse, it could be a pain in the butt, but the investments should still be mine. ...
by GuineaPig
Fri Sep 22, 2017 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5656

Re: $3.6 million at age 25 - need investment advice

Is your $60,000 job what you really want to do? If not, after you figure out investments and taxes, consider going to school to pursue your passion. May be you want to become a physician to treat people while not worrying about insurance, billing, and other things doctors are complaining about thes...
by GuineaPig
Fri Sep 22, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

I decided to move my HSA to SelectAccount. $12/year for the basic account plus $18/year for the Schwab brokerage account, and Schwab's ETFs at 3 or 4 basis points per year. The caveat about SelectAccount is that it's an insurance company so there's no federal insurance on the cash you hold with the...
by GuineaPig
Fri Sep 22, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

To answer my own questions: I just called Alliant and they said there would be no fees related to transferring. I also believe (not sure) that the easiest is for me to open the new account elsewhere and then use the signed transfer request from the new custodian.
by GuineaPig
Fri Sep 22, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

On http://www.alliantcreditunion.org/healthequity-hsa-faqs Alliant has this info: What if I don’t want my HSA transferred to HealthEquity? If you do not want your HSA automatically switched to HealthEquity, you may liquidate your account and move your HSA funds to an HSA custodian of your choice by ...
by GuineaPig
Thu Sep 21, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

I received the e-mail from Alliant today notifying me of the HSA transition from them to HealthEquity. 1. The date for liquidating investments held with Save Daily has been moved back a week. Members with HSA Investment portfolios must transfer their investment portfolio funds back to their regular...
by GuineaPig
Wed Sep 20, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

I just spoke with FirstTech over the phone. It does look like one should be able to open an account. I wasn't convinced that their telephone support was very competent.
by GuineaPig
Wed Sep 20, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

Select Account appears that it'll let me have a Schwab brokerage account once my balance gets to $10,000, which should happen in January: https://www.selectaccount.com/products/hsa/#investments <skip> The complications here are why I was happy with Alliant, until they decided to get out of the HSA ...
by GuineaPig
Wed Sep 20, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

I have considered just getting a TIPS fund (which would help some for the CA taxes, though the capital gains issue would remain), but I already have i-Bonds as a large portion of my bonds allocation. You could also use an ordinary Treasury fund in the HSA, and shift your other bond holdings more to...
by GuineaPig
Tue Sep 19, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

You can keep track of your investments in a spreadsheet; software such as Quicken will also do it. This is what everyone had to do before the IRS developed covered shares. (To simplify your calculations, don't reinvest dividends automatically). Here are some spreadsheets which I use for my taxable ...
by GuineaPig
Tue Sep 19, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

Wow - I have a smallish HSA at Alliant, and I hear about this for the first time here? Criminy! Thanks again, Bogleheads are invaluable. Now, where to find a plain old free savings account for my small HSA. After having frozen my credit. Any suggestions on where? I'm feeling lucky that I'd procrast...
by GuineaPig
Tue Sep 19, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Re: Tracking HSA investment income/cost basis for CA state taxes

What about places like SelectAccount and HSA Bank, which have brokerage account options? Don't they allow me to turn off auto-reinvestment of dividends and capital gains? Or am I wrong in assuming that calculating all of this for my state taxes will be a pain? I know that people used to always have ...
by GuineaPig
Tue Sep 19, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1592

Tracking HSA investment income/cost basis for CA state taxes

This year, for the first time, I had a health plan that let me open a Health Savings Account (HSA). I opened it with Alliant Credit Union and dumped the full family amount there ($6750) in January. Since then, I've been earning some interest and thinking about pursuing an investment strategy with th...
by GuineaPig
Tue Sep 19, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5819

Re: Alliant Credit Union no longer offering HSA's as of 11/9

What a drag. I'm guessing that like me, many of the people here chose Alliant for our HSAs specifically because it was a pretty no-fuss option: no fees and somewhat decent interest rate on the bank account. I also happened to have a bank account with them anyway, which made it particularly attractiv...
by GuineaPig
Tue Jul 04, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: how do you invest your HSA
Replies: 47
Views: 5087

Re: how do you invest your HSA

We live in California, meaning that the HSA is treated as a regular account for state taxation. That, combined with the fact that I find the HSA world to be overwhelmingly complex, led me to just open the HSA at Alliant Credit Union, where we already had a bank account, and stick the money into the...
by GuineaPig
Tue Jul 04, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: how do you invest your HSA
Replies: 47
Views: 5087

Re: how do you invest your HSA

My family opened an HSA this year and made the max deposit for the year. Main reason we opened was to reduce MAGI for ACA health insurance. We live in California, meaning that the HSA is treated as a regular account for state taxation. That, combined with the fact that I find the HSA world to be ove...
by GuineaPig
Tue Jun 20, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Accidental partial non-deductible tIRA contribution last year -- can/should I convert to Roth?
Replies: 5
Views: 335

Re: Accidental partial non-deductible tIRA contribution last year -- can/should I convert to Roth?

As long as your MAGI qualifies you for a regular Roth contribution of at least 2,000, you should recharacterize 2,000 of both your 2016 and 2017 TIRA contributions as Roth IRA contributions. Any earnings or net loss on the 2,000 will also be transferred to the Roth as part of the non taxable transf...
by GuineaPig
Tue Jun 20, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Accidental partial non-deductible tIRA contribution last year -- can/should I convert to Roth?
Replies: 5
Views: 335

Re: Accidental partial non-deductible tIRA contribution last year -- can/should I convert to Roth?

Thank you. Since my post, I also found this on the wiki: https://www.bogleheads.org/wiki/IRA_recharacterization It says: If you recharacterized a non-deductible IRA to a Roth IRA or vice versa, your tax owed will not change, but you still need to amend the return to correct your IRS Form 8606, Nonde...
by GuineaPig
Tue Jun 20, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Accidental partial non-deductible tIRA contribution last year -- can/should I convert to Roth?
Replies: 5
Views: 335

Accidental partial non-deductible tIRA contribution last year -- can/should I convert to Roth?

Every year, at the start of the year, my wife and I make traditional IRA contributions at Fidelity for the fully allowed amount. I also max out my 401k plan at work. As such, we did so in January, 2016. Last year, she started working at a job with no retirement plan and our income went up. Because o...