Search found 163 matches

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: 30
Views: 1483

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: 59
Views: 2922

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 - Please
Replies: 30
Views: 3268

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: 2067

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: 14
Views: 1128

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: 2428

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: 3044

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: 1282

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: 891

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: 5337

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: 2122

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: 1692

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: 1147

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: 1360

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: 1147

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: 4166

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...
by feehater
Thu Apr 18, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Young Couple Seeking Financial Advice From Bogleheads
Replies: 27
Views: 2715

Re: Young Couple Seeking Financial Advice From Bogleheads

People keep mentioning transaction costs of buying and selling houses, and I just wanted to put a commonly seen number on it...up to 10% the value of the house, round-trip. 2-3% to buy, and 6-7% to sell. You can do your best to keep some of these down (like selling with Redfin or another discount re...
by feehater
Wed Apr 10, 2019 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Any benefits to low salary job with high income spouse?
Replies: 31
Views: 6370

Re: Any benefits to low salary job with high income spouse?

If so, wouldn't it make more sense to do that as a regular 401k rather than a roth so we get more money in there now tax free when we are taxed higher than in retirement? Thanks again! Yes, I would do a traditional solo 401k and not a Roth. Either way, the employer contribution will be traditional....
by feehater
Tue Apr 09, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5822

Re: Eviction notice

You said you are a student, do you perhaps go to a large University like UNT? Some universities have legal offices to help students with landlord issues like this.
by feehater
Mon Apr 08, 2019 9:37 am
Forum: Personal Investments
Topic: Got a large tax bill, is it worth paying TurboTax etc. for tax break research?
Replies: 8
Views: 1212

Re: Got a large tax bill, is it worth paying TurboTax etc. for tax break research?

If you've already put the numbers into turbotax and gone through all the "interviews" in its software, then I think you are pretty close to your final number. Are you thinking that paying extra for their "talk to a live cpa" product will turn up new and significant savings?
by feehater
Sun Apr 07, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: "Worried about being pushed into 'higher tax bracket' "
Replies: 25
Views: 2065

Re: "Worried about being pushed into 'higher tax bracket' "

I know someone who took this a step further and tried to spread out the sporadic work he did have into as many pay periods as possible, because then the payroll systems took out less taxes per paycheck. I.e. better to make $500 this week and $500 in two weeks than make $1000 all at once. He was conv...
by feehater
Tue Apr 02, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Home refinancing question (recent first time homeowner)
Replies: 20
Views: 916

Re: Home refinancing question (recent first time homeowner)

Yes, your math looks correct. The only downside to paying closing costs is if rates keep dropping and you want to refinance again before you've broken even on this one. One of the articles you get if you Google "no fee refinance" addresses how theoretically you should choose the no-fee option every ...
by feehater
Sun Mar 31, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Putting savings on automatic
Replies: 1
Views: 394

Re: Putting savings on automatic

It's unclear to me exactly what you're asking. If you're asking if your solo 401k provider will automatically take money out of your checking account on a regular schedule, I have no idea. What I would do if I were you is try to get a better idea of what your tax situation is going to be like for 20...
by feehater
Fri Mar 29, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Income from two states for 2018, looking for tax software that can handle that
Replies: 4
Views: 218

Re: Income from two states for 2018, looking for tax software that can handle that

Having just done this myself (I moved midyear) I would not recommend TurboTax for ease of use. The online version will charge you $40 per state, and the state interfaces are next to useless. I had to look up part-year resident instructions for both states just to figure out what numbers TurboTax was...
by feehater
Thu Mar 28, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Need clarification on foreign transaction fees for international CC use
Replies: 19
Views: 1141

Re: Need clarification on foreign transaction fees for international CC use

In western Europe (France, Switzerland, Italy, Germany), I've never seen a terminal where the merchant does everything for you. The terminal always asks which currency I want to use (or if it doesn't ask, then it's EUR). Yep. The PIN primary cards mean that there is generally an interface for you t...
by feehater
Wed Mar 27, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: First Homebuyer Needs Advice
Replies: 8
Views: 916

Re: First Homebuyer Needs Advice

Well I certainly wouldn't pay much of anything, let alone 1% interest for 15 years, just to avoid an escrow account. One requirement you might want to be aware of and see if it applies to you...when I got a slightly larger 30-yr conventional mortgage last year, our lender decided to tell us a week b...
by feehater
Wed Mar 20, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Still possible to open a SEP IRA for 2018?
Replies: 7
Views: 497

Re: Still possible to open a SEP IRA for 2018?

Yes, she can still open a SEP for 2018. Later this year, when she opens a solo-401k, it would be simplest if she opens one with a company that allows her to roll the SEP into it.
by feehater
Wed Mar 20, 2019 8:58 am
Forum: Personal Investments
Topic: Question about Roth IRA income limit
Replies: 9
Views: 429

Re: Question about Roth IRA income limit

Well, for starters, when you say you "made" $203k last year, is that taking into account any pre-tax deductions like 401k and health insurance contributions? What matters is your AGI after you subtract those.
by feehater
Tue Mar 19, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question for Solo 401k
Replies: 6
Views: 286

Re: Tax question for Solo 401k

I just did the research for the sole proprietor side over the last two weeks. If you are a sole proprietor filing schedule C and schedule SE, then your employer AND employee contributions to a pre-tax solo 401k are summed and go on Schedule 1, line 28. Neither of these amounts is a deductible busin...
by feehater
Mon Mar 18, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Military Spouses Residency Relief Act
Replies: 9
Views: 667

Re: Military Spouses Residency Relief Act

The idea was to give spouses the same protection as service members in this regard. Actually, doesn't a maximalist reading of the new amendment give spouses MORE protection than the service member? Currently, a service member must still pay non resident state income tax on their non-military income...
by feehater
Sun Mar 17, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Homebuyer | Recently Engaged
Replies: 70
Views: 4256

Re: First Time Homebuyer | Recently Engaged

In re: home prices feeling like they only go up here. I was in the market for a house in the DC area last year and I made a habit of scrolling down through the redfin listing to the "previous sales" part of it. While there are a lot of homes that have appreciated, it was also not hard to find a hous...
by feehater
Wed Mar 13, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Bright daughter wants to work for nonprofit
Replies: 103
Views: 7895

Re: Bright daughter wants to work for nonprofit

ellink wrote:
Wed Mar 13, 2019 9:22 am
" Working for a non profit" is pretty broad.
Maybe she's going to work for Vanguard!
by feehater
Tue Mar 12, 2019 8:52 pm
Forum: Personal Investments
Topic: Retirement planning tips for a freelancer
Replies: 10
Views: 580

Re: Retirement planning tips for a freelancer

Just because no one said it, a reminder that the limit for traditional and Roth IRA is the same for one person...$6k this year total between the two. So, if you were maxing out the Roth, you will have to contribute less if you want to do traditional contributions. Is there any chance, depending on t...
by feehater
Sun Mar 10, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: Three Days in DC
Replies: 83
Views: 3662

Re: Three Days in DC

Just FYI, the spy museum is closed right now until it moves and reopens in May.
by feehater
Sun Mar 10, 2019 1:10 pm
Forum: Personal Consumer Issues
Topic: Three Days in DC
Replies: 83
Views: 3662

Re: Three Days in DC

You can't just say "museums" you have to downselect. Air and Space at the mall is usually a madhouse. The one out of town (Udvar-Hazy Center) is not as bad. Natural History and American History might appeal most to the young. There are others you may consider a duty. Check for closures. Parking and...
by feehater
Wed Feb 27, 2019 6:28 pm
Forum: Personal Investments
Topic: Military Family- AA HELP!! Restructure HELP to GOALs
Replies: 9
Views: 617

Re: Military Family- AA HELP!! Restructure HELP to GOALs

You are not eligible for an HSA. Assuming your whole family is on Tricare prime, you are in the fortunate situation of having no deductibles (or premiums) at all, so in this case you don't get to use this type of account. Even the other types of Tricare have deductibles that civilians would find lau...
by feehater
Wed Feb 20, 2019 3:15 pm
Forum: Personal Investments
Topic: solo 401k question
Replies: 3
Views: 234

Re: solo 401k question

As long as you make above about $26k it won't matter, but if there's a risk you won't make that much, then yes, you should put at least some of your 19k employee contribution into your normal 401k. The employee contribution won't change the amount of the employer contribution allowed, but there is o...
by feehater
Sat Feb 16, 2019 12:52 pm
Forum: Personal Investments
Topic: Newlywed Financial Next Steps
Replies: 20
Views: 1323

Re: Newlywed Financial Next Steps

Have you updated your withholding or estimated your taxes now that you're married? Just want to make sure you're in the right ballpark on that front. I think you are in good shape and can set ambitious goals to do it all in short order. I would definitely max both 401ks at that tax rate. You should ...
by feehater
Wed Feb 13, 2019 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: first freelance gig, do I need an LLC?
Replies: 21
Views: 1373

Re: first freelance gig, do I need an LLC?

Also, if your clients request your SSN (in order to send you a 1099-MISC, say), then you'll want an EIN so that you can use that instead of your actual SSN. ^This. I can't tell you how many times I've needed to email my w-9 to someone and been glad my SSN is not floating around their email servers.
by feehater
Thu Feb 07, 2019 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401K contributions - where to enter on tax forms
Replies: 7
Views: 594

Re: Solo 401K contributions - where to enter on tax forms

RickBoglehead wrote:
Thu Feb 07, 2019 10:21 am

I just re-computed my 2016 taxes, and I would owe $2k. On my 2017 taxes I would owe $1,368. :( :( :( :(
On the bright side, this is probably self-employment tax, so you're increasing your social security credits? Unless you already were above the max for those years...
by feehater
Thu Feb 07, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Fidelity 401k rollover into TSP
Replies: 3
Views: 253

Re: Help with Fidelity 401k rollover into TSP

Our situation was slightly different but I will tell you our story. We were rolling from TIAA to tsp, and were trying to do a direct custodian to custodian rollover. When we got Tiaa on the phone they told us to go ahead and mail them the tsp-60 form when we mailed them a necessary spousal waiver, a...
by feehater
Wed Feb 06, 2019 9:57 am
Forum: Personal Investments
Topic: Financial checkup - 29 y/o TSP
Replies: 6
Views: 913

Re: Financial checkup - 29 y/o TSP

2., 2.5, 4, 5: I think the investment order in the wiki matters a lot more for people who have bad 401k options. With access to TSP and a vanguard Roth IRA, you have great options across the board, investment wise and cost wise. So I think it doesn't much matter whether you put it in Roth tsp or a R...
by feehater
Mon Jan 28, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Post-9/11 GI Bill for college questions
Replies: 29
Views: 1550

Re: Post-9/11 GI Bill for college questions

Does he have any other children or a new spouse who he might be thinking he wants to use the benefit on? Or are the only options he has to give it to your daughter or spend it on himself? I do know of one childless person who claimed that, in retirement, he was going to take one class at a time for ...
by feehater
Fri Jan 25, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Military Spouse Taxes?
Replies: 3
Views: 393

Re: Military Spouse Taxes?

My spouse literally got a newsletter today with an update you might find welcome: "In December of 2018 the Veterans Benefits and Transitions act (vbta) was signed....A married spouse of a servicemember may now elect residency in the home or record state of the servicemember regardless of whether the...
by feehater
Thu Jan 24, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Student financial aid and lowering net pay
Replies: 27
Views: 1165

Re: Student fincial aid and lowering net pay

If he's talking about the post-9/11 GI Bill, that really will pay for basically in-state tuition and also a housing allowance for room and board. But he needs to transfer it to her ASAP to make sure nothing goes wrong and that he's really eligible. For instance, starting in July, people who have ser...
by feehater
Wed Jan 23, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Forming an LLC to avoid being paid as an independent contractor?
Replies: 21
Views: 1480

Re: Forming an LLC to avoid being paid as an independent contractor?

Most self-employed people charge a premium to make up for the extra costs of not being an employee. I've seen people on this board say anywhere from 10%-40% extra. Put another way, if these guys are offering you the exact same wage/salary but letting you choose which system, being an employee is a b...
by feehater
Tue Jan 15, 2019 8:28 pm
Forum: Personal Investments
Topic: Need Advice on Building Taxable Account
Replies: 12
Views: 1028

Re: Need Advice on Building Taxable Account

2055 Retirements funds are not so cheap. AFAIK they have an E.R of 0.69 A little bit of ER is a small price to pay against the alternative when the OP has a history of stock picking... Fidelity carries actively managed Target date funds as well as passive index target date funds. The ER for FDEWX (...
by feehater
Fri Jan 11, 2019 9:51 am
Forum: Personal Consumer Issues
Topic: Best Military Credit Card
Replies: 11
Views: 915

Re: Best Military Credit Card

CSR is a good one. That is probably the best since you travel a lot. Amex Platinum also waives fees for military and has no foreign transaction fees. Both those cards also come with a Global Entry reimbursement, free lounges, etc. If you want to get fancy/greedy, you could each have your own account...
by feehater
Sun Jan 06, 2019 10:05 am
Forum: Personal Investments
Topic: Should I open a 403(b)?
Replies: 27
Views: 1287

Re: Should I open a 403(b)?

I am going to differ slightly from the consensus. Do I think someone saving $6k per month towards retirement and other very long term goals should max all of those opportunities? Absolutely. But you also said that you are living with your folks and want that to end in two years. So I'm wondering if ...
by feehater
Sat Dec 29, 2018 9:39 am
Forum: Personal Investments
Topic: How to allocate spouse TRS refund
Replies: 8
Views: 393

Re: How to allocate spouse TRS refund

Just making sure you are not mixing up IRA contribution limits (6k) with rollover limits ( there are none)? Unless you are talking about some special rules in the pension account, you are definitely allowed by the IRS to roll an entire pre-tax account (like this pension, I assume) into another one, ...