Search found 197 matches

by feehater
Tue Jun 23, 2020 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: fed workers: any idea why FSA Feds won't allow mid-year changes?
Replies: 9
Views: 614

Re: fed workers: any idea why FSA Feds won't allow mid-year changes?

It's expensive to implement for little value. For the HCFSA, how did your medical, dental, vision and prescription costs change due to the pandemic? It shouldn't have been too much and you have a whole year and possible a grace period to use your funds. Well, I don't know about OP, but we planned o...
by feehater
Tue Jun 16, 2020 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing 6.625% interest rate on mortgage
Replies: 16
Views: 1200

Re: Reducing 6.625% interest rate on mortgage

Also, don't pay a fee for a recast if he's about to refi anyway.
by feehater
Sun Jun 07, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Cares Act effectively discounts house purchase due to forebearance?
Replies: 15
Views: 1283

Re: Cares Act effectively discounts house purchase due to forebearance?

You often don't get to choose your servicer, and it sounds from what I have read, that most servicers are doing the minimum possible to meet this requirement. So, for most people at the end of the three months they owe the entire three months of payments they skipped.
by feehater
Sun Jun 07, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: No Health Ins, health catastrophe advice
Replies: 14
Views: 1210

Re: No Health Ins, health catastrophe advice

Is it too late to test (again?) for covid? I wonder how many of these bills might be covered, or if it will still only be a drop in the bucket?

https://www.hrsa.gov/coviduninsuredclaim
by feehater
Mon Jun 01, 2020 10:40 am
Forum: Personal Investments
Topic: Double checking before solo 401k contribution
Replies: 12
Views: 653

Re: Double checking before solo 401k contribution

Just wanted to check a few things... 1. You are self-employed right? You get paid with 1099s and not w2s? What is your Net Business income from your schedule C? Is that the 41k you mentioned? 2. What is your adjusted gross income on your tax return? Is that also 41k? If so, are you really able to co...
by feehater
Wed May 20, 2020 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: "With summer camps canceled, IRS relaxes rules on flexible spending accounts"
Replies: 5
Views: 984

Re: "With summer camps canceled, IRS relaxes rules on flexible spending accounts"

The nyt coverage of this a few days ago made clear that medical FSAs were included in the guidance. The most logical way, if you've spent more than you've paid in so far this year, is to pick a new total amount for the year and adjust the paycheck withholdings (positive or negative ) to get to that ...
by feehater
Sat May 16, 2020 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 62
Views: 5843

Re: Rent is increased by 6%, negotiation tips?

Since no one else has stated the obvious, you should double check that rent increases are even allowed in your jurisdiction during any pandemic/states of emergency. I know of two different cases of management companies trying to illegally raise rent on acquaintances of mine. I wonder what percentage...
by feehater
Mon Apr 20, 2020 6:24 pm
Forum: Personal Consumer Issues
Topic: How to do temporary USPS Mail forwarding without address getting updated to credit bureaus.
Replies: 19
Views: 1579

Re: How to do temporary USPS Mail forwarding without address getting updated to credit bureaus.

I think your problem arises when your bank or credit card or whomever sends a bill that says "return service requested." The PO is supposed to return those envelopes instead of forwarding them, but with a sticker that has the forwarding address on it. The bank then (theoretically!) updates its addre...
by feehater
Sat Apr 18, 2020 9:57 am
Forum: Personal Consumer Issues
Topic: Should I buy a new rice cooker from Zojirushi?
Replies: 75
Views: 5758

Re: Should I buy a new rice cooker from Zojirushi?

We have a zoji and swear by it! But I think the biggest difference in rice cookers is between the simple on/off cookers, and the ones that use 'fuzzy logic' or whatever term they use. Ours was about $70 at bed bath and beyond (wedding present), and, as far as I can tell, cooks brown rice just as wel...
by feehater
Wed Apr 15, 2020 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax & profit sharing
Replies: 2
Views: 130

Re: Turbotax & profit sharing

I have this experience with turbotax also. They don't ask you if you've contributed to a 401k anywhere else, so they include both the employee and employer max contributions in their 'max' calculation. Edited to add: Your numbers for the worksheet don't seem right either. If your net business profit...
by feehater
Wed Apr 15, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America Credit Card, receiving ebills at external bank billpay service?
Replies: 4
Views: 290

Re: Bank of America Credit Card, receiving ebills at external bank billpay service?

I get ebills for our BOA credit card paid through our cap1 billpay. But don't ask me how I finally got it set up. I only remember that BOA's website is completely unintuitive and 10x harder to use than any of my other credit card issuers.
by feehater
Tue Apr 07, 2020 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Just found out my wife was a 1099 for 2019
Replies: 11
Views: 1487

Re: Just found out my wife was a 1099 for 2019

In addition to a SEP IRA, she can now deduct legitimate business expenses on her schedule C...liability insurance, supplies, yoga clothes, continuing ed, professional memberships and certifications, etc.
by feehater
Mon Jan 27, 2020 10:03 am
Forum: Personal Consumer Issues
Topic: Beijing in April - how would travel ins. help?
Replies: 17
Views: 1278

Re: Beijing in April - how would travel ins. help?

FWIW, United is already waiving change fees for Beijing for the next two weeks. So, if that keeps getting extended out, you'll at least be able to move the tickets to a much later date within the next year. Not a refund, but possibly better than nothing.
by feehater
Wed Dec 11, 2019 2:00 pm
Forum: Personal Investments
Topic: To Roth or Not to Roth? (Maxing out Retirement)
Replies: 10
Views: 1460

Re: To Roth or Not to Roth? (Maxing out Retirement)

What about the Savers credit? If you do one or both in Traditional, does that lower your AGI into a bracket where the irs will reward you extra for all this saving?
by feehater
Fri Nov 29, 2019 10:47 am
Forum: Personal Consumer Issues
Topic: Credit freezes
Replies: 35
Views: 2459

Re: Credit freezes

Sounds like you got unlucky with an unreasonably hard question. I've recently been able to freeze and unfreeze my credit on the three bureaus' websites without too much hassle. The hardest part is avoiding all the crap they're trying to sell you and finding the actual place to freeze it. Note that a...
by feehater
Fri Nov 22, 2019 11:38 am
Forum: Personal Consumer Issues
Topic: Musical Instrument Insurance
Replies: 22
Views: 977

Re: Musical Instrument Insurance

How recently did you purchase it and what kind of instrument is it? I'm surprised your homeowner's company wouldn't accept a receipt if it was purchased relatively recently. Almost every instrument insurance company is going to require either an appraisal or a receipt...but they might vary on from h...
by feehater
Wed Nov 06, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve - Fees Waived?
Replies: 54
Views: 5541

Re: Chase Sapphire Reserve - Fees Waived?

We found a way. And all it took was my spouse joining the military!
by feehater
Sun Nov 03, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Refi advice
Replies: 9
Views: 661

Re: Refi advice

however should intake into account that, at least in my main mtg, I am at the 15 year point and my interest portion is now lower. If i do the refi, i am back paying massive interest again for a period. On conventional, fixed rate mortgages, the monthly interest is always (current balance)*(mortgage...
by feehater
Fri Nov 01, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Capital One outage? (Responds with error message)
Replies: 17
Views: 1253

Re: Capital One outage? (Responds with error message)

I am having this problem appear as well. I also have yet to receive emails I usually get from them at 3 am about transactions that should have happened today (direct deposit, mortgage autopay).
by feehater
Mon Oct 28, 2019 9:41 am
Forum: Personal Investments
Topic: Prioritizing various tax deferred accounts with new baby (403b, ira, 529)
Replies: 12
Views: 688

Re: Prioritizing various tax deferred accounts with new baby (403b, ira, 529)

Just a reminder...403b contributions must be withdrawn from your paycheck, so don't wait until the last paycheck of the year and find out you can't get the last 4k in there. Also, some companies institute limits on the % of each check that can go in there, so it might be worth it to think ahead if y...
by feehater
Sun Oct 27, 2019 12:03 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 229
Views: 30367

Re: I’m done with index funds

Not sure I fully understand .I thought you could do tax loss harvesting being in index funds too ? With direct indexing the S&P 500 you have 500 choices instead of 1. This allows higher optimization in terms of timing. This can really cut your long term capital gains. Not sure if it justifies a .7%...
by feehater
Sat Oct 12, 2019 10:25 am
Forum: Personal Investments
Topic: Taxable investment account for college?
Replies: 114
Views: 7197

Re: Taxable investment account for college?

Don't think this has been emphasized yet, but if you're in the 12% bracket you should learn about how capital gains are taxed and make sure that when you do cash out some or all of this taxable account, you don't accidentally bump yourself up into the 15% cap gains bracket. As in, better to split th...
by feehater
Sat Sep 07, 2019 7:59 am
Forum: Personal Consumer Issues
Topic: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?
Replies: 52
Views: 5586

Re: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?

Verizon requires a Verizon specific modem for their services. You can rent it or buy it (don't know about buying it used). I'm not sure this is true if you only have Internet. Verizon has some equipment outside our house, and they have updated it once when we got higher bandwidth. I'm not sure if i...
by feehater
Sat Sep 07, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: How to title a car
Replies: 42
Views: 2903

Re: How to title a car

One argument against titling it solely in your name: a few people have said that you can simply switch it to her name later, or sell it to her for $1. But in some states, sales of cars are taxed based on the value of the car, not the sale price. I'd want to make sure that whatever scheme you choose ...
by feehater
Sun Aug 18, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Moving from Bay area, CA to Knoxville, TN
Replies: 98
Views: 7928

Re: Moving from Bay area, CA to Knoxville, TN

Since you are asking from a strictly financial standpoint, I don't think it's crazy. You'll have a paid off mansion and no state income tax will mostly make up the salary difference. The only financial downside I can think of is that you will no longer have any elite public universities to send your...
by feehater
Tue Aug 13, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: Is this 25% savings?
Replies: 67
Views: 5490

Re: Is this 25% savings?

I think you are correct. Discounts are typically calculated off the full price.
by feehater
Sat Aug 03, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Where to find rates for no-cost refi?
Replies: 57
Views: 5180

Re: Where to find rates for no-cost refi?

If you do a quote on aimloan, and then click on 'see more loan options,' you can pick one a few pct points higher with a larger rebate. When you click on the arrow for the full disclosure, you can see the total costs and whether the lender rebate covers them. I am currently in the process of getting...
by feehater
Sat Jul 27, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?
Replies: 127
Views: 12538

Re: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?

So circling back to the disability question. Sounds like short term is a decent idea. Should we go through employer for this or set it up independently (if that’s even possible)? Any need to consider long term disability? So you've said giving birth is covered under the school's STD policy. The onl...
by feehater
Wed Jul 24, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Dealer provided lifetime powertrain warranty worthwhile?
Replies: 15
Views: 1032

Re: Dealer provided lifetime powertrain warranty worthwhile?

My Toyota came with a lifetime power train warranty included by the dealership, but it was through a third party insurer and only required the regular maintenance to be performed at a certified shop (or possibly just needed receipts for the oil if you DIY?). The fine print also included something to...
by feehater
Sun Jul 21, 2019 4:51 pm
Forum: Personal Investments
Topic: Continue 403b or start roth ira
Replies: 65
Views: 2289

Re: Continue 403b or start roth ira

last thing, if i fund both roth ira and stop with my personal 403b will i get screwed by moving into the 22% bracket next year if filing single? i am right at $50k +- a few $100 based on stipends and with the $12k standard deduction that puts me VERY close to the $39k that is the top of the 12% bra...
by feehater
Fri Jul 12, 2019 11:01 pm
Forum: Personal Consumer Issues
Topic: Car DIY, NYC.
Replies: 33
Views: 1869

Re: Car DIY, NYC.

Another example, my check engine light came on. I read the code with a $15 code reader and googled it. Discovered that I needed a new oxygen sensor and the code even identified which one. Bought the sensor. Paid a mechanic to do the actual change. No physical labor. Probably saved 2/3 of the cost h...
by feehater
Fri Jun 28, 2019 1:43 pm
Forum: Personal Investments
Topic: How to maximize 3 Fund Portfolio w/ TSP & i401k ?
Replies: 53
Views: 3903

Re: How to maximize 3 Fund Portfolio w/ TSP & i401k ?

Yes, he pays $1,900 less in tax but that amount is not available for him to invest elsewhere as that money is actually in his TSP account. No, the TSP account has $19k in it either way. That variable is being held constant. Think of it this way. You have $20,900 in extra income.* You are going to m...
by feehater
Sat Jun 22, 2019 11:05 am
Forum: Personal Investments
Topic: My first post ... how am I doing?
Replies: 20
Views: 3354

Re: My first post ... how am I doing?

4. Then the only other thing I'd need to manage outside of my 401k and her SoloK is our taxable account Almost. ..but, if you do the backdoor Roth you will also each have a Roth IRA to manage. The backdoor Roth process can be a little tricky, especially the tax reporting part of it, so I'd recommen...
by feehater
Sat Jun 22, 2019 8:30 am
Forum: Personal Investments
Topic: My first post ... how am I doing?
Replies: 20
Views: 3354

Re: My first post ... how am I doing?

3/7: Having any traditional IRA anywhere is what messes up the backdoor Roth process. To get rid of a traditional IRA, you either have to roll it into a 401k (no tax implications), or you have to convert it into a Roth IRA and pay income taxes on it in the process. Most people obviously prefer the f...
by feehater
Wed Jun 19, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?
Replies: 52
Views: 5586

Re: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?

I'm thinking of going to Verizon Fios since they offer some deals I think in the $40-50 range. Question is, I bought a modem for Spectrum. Would I need and could I use that same modem (made by Zoom) for Verizon Fios as well, or would i need to buy another for Verizon? Does a service person come ove...
by feehater
Sun Jun 16, 2019 10:49 am
Forum: Personal Investments
Topic: Questioning our portfolio
Replies: 75
Views: 4761

Re: Questioning our portfolio

For #3... There is mostly no harm in having so many old retirement accounts, except that some might have annual fees in addition to expense ratios. If your new 401k allows transfers in, you could certainly roll all of them into that and cut down on the number of passwords to keep track of. What you ...
by feehater
Sat Jun 15, 2019 9:09 am
Forum: Personal Investments
Topic: First Post - Portfolio Review - 1 YEAR UPDATE
Replies: 69
Views: 6929

Re: FIRST POST - Portfolio Review - Please

oh, you are right. We are right on the edge of that 22%/24%. should be 22% this year. possibly 24% next year but I guess this makes it even more important to get as much into the 401K as possible. Stay at 22% as long as I can. I edited my original post, sorry about that. Well if the good news is yo...
by feehater
Tue Jun 11, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in Nova/DC area?
Replies: 23
Views: 2498

Re: Should I buy a house in Nova/DC area?

4). If you do rent out don't do any longer term leases. My father was recalled from his last posting to be promoted to a political appointee position at State after serving only 11 months on a three year rotation. Luckily they had only done month to month or a one year lease (I forget which) and we...
by feehater
Tue Jun 04, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Relocating to Ft Belvoir, VA
Replies: 15
Views: 1596

Re: Relocating to Ft Belvoir, VA

If you're planning on using the CDCs, you might want to call around and get on their waitlists now. And possibly pick your housing based on which one you think you might use.
by feehater
Sat Jun 01, 2019 10:13 pm
Forum: Personal Investments
Topic: Pre-Military Seeking Investment Planning
Replies: 49
Views: 2773

Re: Pre-Military Seeking Investment Planning

Unless something has changed since I was in, there are no matching contributions. OP will be forced to enter under the Blended Retirement System, so s/he will have a small match, but in exchange, the defined benefit pension will only be 40% instead of 50%. Contributing up to the match should obviou...
by feehater
Thu May 30, 2019 7:37 am
Forum: Investing - Theory, News & General
Topic: G fund
Replies: 19
Views: 3392

Re: G fund

One thing you can do to somewhat avoid those withdrawal income taxes and still use the G fund: If you have any money in stocks in a taxable or Roth account, you can sell those stocks and spend that money. Then, inside the TSP you can sell the equal amount of G fund and buy stocks with it. Your total...
by feehater
Tue May 21, 2019 7:05 pm
Forum: Personal Investments
Topic: Case Study: 27. How to invest? No 401k or healthcare offered
Replies: 14
Views: 1396

Re: Case Study: 27. How to invest? No 401k or healthcare offered

OP should be able to deduct his individual health insurance plan as a business expense as long as it's not being offered from his W2 job right?
by feehater
Thu May 16, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Auto and home insurance
Replies: 10
Views: 938

Re: Auto and home insurance

In HCOL areas where the land is actually what is valuable, that might actually be the full replacement cost of the structures. How does one figure that out?
by feehater
Thu May 16, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Bank called my business manager
Replies: 49
Views: 5663

Re: Bank called my business manager

The solution would have been to get a cashier's check from the other bank, which you could have deposited at the new bank without any issue. I'm not sure this is always true either? When I went to grad school in a different part of the country I switched banks to one that existed both at home and w...
by feehater
Sun May 12, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: How much is a 0% 5 year loan worth?
Replies: 16
Views: 2224

Re: How much is a 0% 5 year loan worth?

I'm trying to figure out how much a 5 year 0% loan is worth vs what car loans for extremely good credit or paying cash for a newer used vehicle. Any help on the present value of say a 500 a month loan for 5 years and investing the difference vs 30,000 lump sum? It sounds like you are assuming that ...
by feehater
Mon Apr 22, 2019 9:26 pm
Forum: Personal Investments
Topic: Taxable Brokerage Fund Question
Replies: 23
Views: 1933

Re: Taxable Brokerage Fund Question

Sounds like you are an active duty officer (O-2 or O-3, I'm guessing). Would you be PCS ing soon? Be sure to pick a nice place like Alaska or Texas or Florida so you can claim home of residence and pay no state tax! It's definitely an advantage to be taken while you've got the chance! Also, save, s...
by feehater
Mon Apr 22, 2019 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: First post - mortgage recast vs. Roth IRA, vs taxable investing
Replies: 19
Views: 1272

Re: First post - mortgage recast vs. Roth IRA, vs taxable investing

Yes, exactly. In the meantime you can invest in taxable, pay down your mortgage, or even save up all of your 2019 Roth money in a high yield savings account for when you finally do contribute. You are, of course, welcome to go ahead and make your 2019 Roth contributions now, but every year in March ...
by feehater
Mon Apr 22, 2019 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Paying taxes late (mailing state/fed tomorrow) CPA messed up....
Replies: 13
Views: 1435

Re: Paying taxes late (mailing state/fed tomorrow) CPA messed up....

So in each of the previous years, when you signed the form giving her permission to efile your taxes, you probably also signed the form with your bank account info that authorized the IRS to autodebit the correct amount? And this year you didn't realize this form was missing? That's how my ex-cpa we...
by feehater
Mon Apr 22, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: First post - mortgage recast vs. Roth IRA, vs taxable investing
Replies: 19
Views: 1272

Re: First post - mortgage recast vs. Roth IRA, vs taxable investing

If your MAGI is under the limit like you say, I would each contribute the full amount to Roth IRAs. No sense in starting a taxable account if you have Roth space available. Note that since you are near the cutoff, I would suggest waiting until tax time to do the previous year's contributions, just t...
by feehater
Thu Apr 18, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 4552

Re: Marriage and Student Loans

I'm confused how your fiancee has 50k in salary but only take-home pay of 24k. Are you subtracting student loan payments and even rent before you get that number? Also, how is she living on $500 a month? That is incredibly impressive! I'd also add to what someone else said, be incredibly sure you're...