Search found 21 matches

by feehater
Mon Oct 09, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: 529 Rollover Question
Replies: 4
Views: 414

Re: 529 Rollover Question

When I read those rules, my question is, what is to keep you from opening a 4th and 5th 529 for each parent, claiming the tax deduction, and then switching the beneficiary to a kid later?
by feehater
Sat Oct 07, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5425

Re: Pension Freeze - What did you do?

Wow, so you're represented by a (weak) union, yet the benefits are not negotiated in the contract? In my workplace any adjustment to the retirement benefits would require us agreeing to a change in the CBA. Also, as mentioned above, some union pension plans ("multi-employer") are not covered by the ...
by feehater
Thu Oct 05, 2017 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 1969

Re: Negotiating merit scholarships

I don't know how common this is for undergrads, but a common thing for grad schools to do is to waive the residency requirement and let an out-of-stater pay in state tuition. So, one avenue you could try if they won't simply raise the amount of cash they're offering, is to see if you can still get t...
by feehater
Thu Oct 05, 2017 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Employer-based vs. independent retirement accounts
Replies: 9
Views: 700

Re: Employer-based vs. independent retirement accounts

So if you are really only eligible for backdoor Roths, that means your combined household income is around $200k+? Which means that you're at the top of the 25% federal bracket if not higher, in addition to any state tax. In this situation, I think many people would suggest contributing to tradition...
by feehater
Wed Oct 04, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Add to 529 to Keep Funding Taxable?
Replies: 38
Views: 1877

Re: Add to 529 to Keep Funding Taxable?

Yes, contribution limits should definitely be higher for a solo 401k. Typically a similar amount to what you're currently allowed to put in your SEP will be called your employER contribution, and then an additional 18k will be allowed as your employEE contribution. Just be make sure to do the resear...
by feehater
Tue Oct 03, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Payroll shenanigans and their implications
Replies: 48
Views: 3461

Re: Payroll shenanigans and their implications

The employer also might not be paying his unemployment insurance or workers comp premiums to the state which might make it more difficult for the OP to collect if he gets laid off or injured or the business goes bankrupt?
by feehater
Mon Oct 02, 2017 6:59 pm
Forum: Investing - Theory, News & General
Topic: Pension shortfalls and changes in Muni bond allocation?
Replies: 14
Views: 1645

Re: Pension shortfalls and changes in Muni bond allocation?

How come the pension funds aren't fat and happy like so many of the BH here in lieu of the last ten years? To this point specifically, it's not a great comparison to compare a boglehead's 401k that wasn't touched for the past 10 years to a pension that had to keep paying out benefits to already-ret...
by feehater
Wed Sep 27, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3198

Re: Verizon TravelPass

I use downloaded maps all the time when traveling, but, like markcoop, my googlemaps app does not give walking or transit directions when in offline mode. I just went into airplane mode and double checked to make sure I remembered correctly. This is on an Android phone. By the way, I recently went t...
by feehater
Tue Sep 26, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Solo 401k Electronic Transfers
Replies: 11
Views: 704

Re: Fidelity Solo 401k Electronic Transfers

For what it's worth, on the webpage where you sign up for the acount, they have a customer review function. Almost every review complains about this. The Fidelity response to some of the more recent comments claims they are working on it. Hard to tell if that's true or just an empty promise.
by feehater
Tue Sep 26, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Need Help. Short term disability insurance for a solo / small business owner.
Replies: 5
Views: 494

Re: Need Help. Short term disability insurance for a solo / small business owner.

I was looking into this recently and it seemed to be that only policies you buy through your work cover pregnancy, and never individual policies. The website you link to seems to say this also, although it tries to gloss over that. Maybe as a small business owner you'd have access to more options th...
by feehater
Sun Sep 17, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 52
Views: 4171

Re: Buying nightguards (teeth grinding)

I also tried the huge store bought ones and couldn't sleep and my jaw hurt. Then I tried the thin, hard mail-order ones from a website/dental lab. I think it cost around $100. Took it into my dentist and they said it was basically the same kind they get and charge $400 for. It's lasted about 5 years...
by feehater
Thu Sep 07, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: how often does high ACT score == scholarship?
Replies: 85
Views: 4883

Re: how often does high ACT score == scholarship?

I went to a "top-20" private non-ivy university, if you believe those silly rankings. One of those that you've heard of, but that is still fighting and spending money to quite reach the true elite. In my experience there were quite a few merit scholarships available based on either academic qualific...
by feehater
Sat Sep 02, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k
Replies: 20
Views: 1439

Re: Solo 401k

To piggyback on BolderBoy, let's say John doe is a lazy sole proprietor. He doesn't bother to keep track of expenses like office supplies that are commingled with personal use, or the share of minutes on his cell phone that are business vs. personal. He also doesn't claim expenses on his home office...
by feehater
Fri Sep 01, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k
Replies: 20
Views: 1439

Re: Solo 401k

Right, so like Aristotelian said, you only get one 18k employEE contribution across all your accounts. If you're already maxing your work one, and you don't have terrible fees there, your only benefit here is to be able to do the employER contribution on your solo 401k which would be a little over 2...
by feehater
Tue Aug 29, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Harvey flood damage [tenant's property has flooded - actions?]
Replies: 28
Views: 4648

Re: Harvey flood damage [tenant's property has flooded - actions?]

The tenant's renter's policy should also cover their hotel/housing needs for a limited period of time I think? Not nearly enough, I'd imagine, but at least something to remind them to look into...
by feehater
Sun Aug 27, 2017 7:49 am
Forum: Personal Finance (Not Investing)
Topic: School Redistricting - What should we do?
Replies: 96
Views: 7375

Re: School Redistricting - What should we do?

Not to make light of your problems, but where is this magical place in the DC area where home prices are falling? In my neck of the woods houses are selling within a week for 5+% over asking price! And these are in neighborhoods where homes are in the 500s-600s for high schools that are ranked 4 out...
by feehater
Sat Aug 19, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Introduction and a Question: IRA vs 401k Tax benefits
Replies: 13
Views: 1080

Re: Introduction and a Question: IRA vs 401k Tax benefits

So just to clarify what a few other have mentioned, the maximum tax-deferred retirement space I think you guys have is: 18k to HIS 401k 18k to HER 403b OR solo 401k (or a portion in both as long as it doesn't go beyond 18k) 4-5k to HER employER contribution from her photography income (contributed e...
by feehater
Thu Jul 27, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Helping MIL get to retirement
Replies: 12
Views: 1579

Re: Helping MIL get to retirement

Thank you all for your replies! She appears to be in good shape financially. However, living in a HCOL area like DC may be more difficult. Not sure why Chattanooga was chosen if not DC area. There are a lot of fine, lower COL areas between DC and there. I am not familiar with COL in these areas, but...
by feehater
Wed Jul 26, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Helping MIL get to retirement
Replies: 12
Views: 1579

Helping MIL get to retirement

Hi all, I've been reading this forum religiously for about 6 months since finding it, but I mostly have been focused on things that affect me (just starting out in career), and so there are still many gaps in my knowledge of the details of retirement. My mother-in-law is considering retiring in the ...
by feehater
Fri Jul 14, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 119
Views: 10776

Re: Vanguard 403b Changes

This all makes me wonder if Vanguard is getting out of the 403b administration business altogether then? It sure sounds like it. The letter says "We're expanding our 403(b) account retirement services by partnering with Newport Group, a nationally recognized retirement plan services provider. Combi...
by feehater
Fri Jul 14, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 119
Views: 10776

Re: Vanguard 403b Changes

I got this letter a few days ago and was similarly annoyed. To be fair, the current system charges you $15 per fund held per year, until you reach Voyager status. So, my plan was to spend my first few years of my recently started job maxing out my 403b, rolling my old IRA into Vanguard, and maybe ha...