Search found 231 matches

by Monster99
Wed Dec 11, 2019 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: RMD in 1st year it is required
Replies: 22
Views: 1639

Re: RMD in 1st year it is required

It was hypothetical - my tIRA will never be 0 in my lifetime, which I think is a good thing....☺☺
by Monster99
Wed Dec 11, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: RMD in 1st year it is required
Replies: 22
Views: 1639

Re: RMD in 1st year it is required

Hypothetical situation - Say you turn 70 in December of the current year. In Jan of the next year you do a conversion to your roth and now your tIRA is 0. Since the Dec. Balance is X but now no money is in the tIRA in the year you turn 70.5, how do you do a RMD? Should you leave 10 bucks to convert?
by Monster99
Thu Dec 05, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: HR Block tax program activation code is 1 digit short.
Replies: 6
Views: 525

Re: HR Block tax program activation code is 1 digit short.

11 tries - got the digit! Playing all that Fallout New Vegas paid off! 😀😀
by Monster99
Thu Dec 05, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: HR Block tax program activation code is 1 digit short.
Replies: 6
Views: 525

HR Block tax program activation code is 1 digit short.

Just got my disc in the mail from Newegg and the activation code should be 8 digits but is only 7..... anyone else have a problem?
by Monster99
Wed Dec 04, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Late Medicare IRMAA notice
Replies: 12
Views: 1010

Re: Late Medicare IRMAA notice

The DW has not received hers yet - don't really care when it arrives..... will pay when it arrives.
by Monster99
Tue Dec 03, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Patent incentive
Replies: 51
Views: 2747

Re: Patent incentive

Ours got mounted on the entry hall by the door to your lab - "walnut on the wall" was like a badge of honor.....
mine is now in a box in the garage....
by Monster99
Mon Dec 02, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Patent incentive
Replies: 51
Views: 2747

Re: Patent incentive

When the last company I worked for filed for patents on my ideas, they had me sign over the rights "for $10 and other valuable considerations". The cheapskates did not even give me the $10. :annoyed I have 10 patents. The largest incentive award I ever received was $200. ...and they said the compan...
by Monster99
Fri Nov 29, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: H&R BLOCK Pre-Order 2019 Software Offer

Since Vanguard sends out the brokerage forms in mid February, there is plenty of time for updates.... I just use the previous year program for estimates.
by Monster99
Fri Nov 29, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: H&R BLOCK Pre-Order 2019 Software Offer

Why not do the New Egg download offer instead of the CD? Does the CD let you install both Mac and Windows version? Might come in handy. Also It says there is a free download option if you buy the CD and don't have a reader, but no detail in description or photos. Wonder if it will make it easy for ...
by Monster99
Thu Nov 28, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: H&R BLOCK Pre-Order 2019 Software Offer

N.Y.Cab wrote:
Thu Nov 28, 2019 6:55 am
H&R Block 2019 Deluxe + State is $25 at Amazon and Walmart on Thanksgiving morning. Time to pull the trigger or wait for the $20 deal?
25 is about the standard price after release -I am in no hurry, so I will wait. I also want the disc version.
by Monster99
Tue Nov 26, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Medicare: Just Starting Down The Rabbit Hole
Replies: 53
Views: 3937

Re: Medicare: Just Starting Down The Rabbit Hole

DW turned 65 in November - You have 3 months before, the month you turn 65 and 3 months after. We started August 30 and she had her card on October 15. Medicare.gov has planning guides where you put in drugs, your doctors and area code to help select the plans in your area. Good luck!
by Monster99
Mon Nov 25, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 248
Views: 79179

Re: Vanguard's Wellesley Income fund is incredible

Do I dare ask: Does anyone keep Wellesley in their taxable account? -TheDDC Yes - Way back in the early days, it was a low cost no load fund. Now the capital gains prevent total liquidation and moving proceeds to total stock and total bond funds. I am retired so the dividends get directed to Prime ...
by Monster99
Sun Nov 24, 2019 7:34 pm
Forum: Personal Investments
Topic: Can my wife xfer money directly to my IRA? We both work.
Replies: 15
Views: 944

Re: Can my wife xfer money directly to my IRA? We both work.

I always funded my DW spousal IRA with the joint acount, just to be safe....
by Monster99
Sun Nov 24, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Social Security benefit at 70 with early stop work date
Replies: 15
Views: 1298

Re: Estimating Social Security benefit at 70 with early stop work date

If you have a Windows based PC, you can use the stand alone AnyPIA program from SSA. You put in SS contributions and it will calculate any time frame you want.....
by Monster99
Thu Nov 21, 2019 10:51 am
Forum: Personal Investments
Topic: Talk Me Off the Active Investing Ledge!
Replies: 58
Views: 3837

Re: Talk Me Off the Active Investing Ledge!

this is called recency bias. Read Jack Bogle's "The Little Book of Commonsense Investing", pay particularly close attention to the chapter 9 titled, "Yesterday's Winners, Tomorrow's Losers". You'll see that the first shall be the last and the last shall be the first. Is it possible to inverse this ...
by Monster99
Wed Nov 20, 2019 7:28 pm
Forum: Investing - Theory, News & General
Topic: How should a pension be viewed? Fixed income?
Replies: 38
Views: 2674

Re: How should a pension be viewed? Fixed income?

Classify it as cash - you don't control how or where it is invested. It just is deposited into your account.
by Monster99
Wed Nov 20, 2019 7:20 pm
Forum: Investing - Theory, News & General
Topic: How should a pension be viewed? Fixed income?
Replies: 38
Views: 2674

Re: How should a pension be viewed? Fixed income?

I am retired with a pension and I view it as income. I take expenses (including taxes) against income from pension, interest and dividends and portfolio sales. When SS kicks in, that will be included as another income stream.
by Monster99
Wed Nov 20, 2019 6:30 pm
Forum: Investing - Theory, News & General
Topic: How should a pension be viewed? Fixed income?
Replies: 38
Views: 2674

Re: How should a pension be viewed? Fixed income?

Your heirs will thank you for being frugal!
by Monster99
Mon Nov 18, 2019 12:34 pm
Forum: Personal Investments
Topic: Just noticed my credit unions cd rates are cut in half?
Replies: 6
Views: 821

Re: Just noticed my credit unions cd rates are cut in half?

You should look at the terms they sent you (on line or in the mail) for the CD - rate should be fixed for the term of the contract...
by Monster99
Thu Nov 14, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting/Expense tracking
Replies: 39
Views: 2760

Re: Budgeting/Expense tracking

MSMoney - Sunset version. Free download from Microsoft website, no cloud, no internet access. Works like a big checkbook register with category and memo areas. Can be exported to Excel. Will also track investments.
by Monster99
Wed Nov 13, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: H&R BLOCK Pre-Order 2019 Software Offer

Almost there wrote:
Wed Nov 13, 2019 5:12 pm
When does Amazon usually list their special price offer?
Around Black Friday....
by Monster99
Wed Nov 13, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: H&R BLOCK Pre-Order 2019 Software Offer

I started using HRB last year. I used TaxAct for a very long time until SecondStory was sold and the price games began. I tried TurboTax but found it cumbersome and limited. I am self employed and have several different income streams to manage and pay tax on. Last year, I built a spreadsheet based...
by Monster99
Fri Nov 08, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: H&R BLOCK Pre-Order 2019 Software Offer

Can anyone tell me what ‘version’ of the HR Block software I need given that I have: W2 income, 1099-DIV/INT Income, capital losses (8949, Schedule D), backdoor Roth conversion (8606), rental income (Schedule E), and I have to do a part-year return for one state? I file all of the above except for ...
by Monster99
Fri Nov 08, 2019 7:13 pm
Forum: Personal Investments
Topic: Talk Me Off the Active Investing Ledge!
Replies: 58
Views: 3837

Re: Talk Me Off the Active Investing Ledge!

To me, portfolio cost is important. What will it cost for the portfolio?
I also dislike other people (FA's) making money off of my money. I worked hard for my money and it should now work for me.....
by Monster99
Wed Nov 06, 2019 1:54 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1660

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

The rate is the rate - if you pay down the principal the duration changes and the total amount of interest paid is less but the rate is the same.
by Monster99
Sat Nov 02, 2019 8:29 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: HRBLOCK Pre-Order 2019 Software Offer

Here it begins. Bogleheads with multimillion profiles looking for tax software deals. I particularly like the complaints about one version of tax software costing $10 more than another. It's tax software! You use for something kind of important! Buy the best you can and it's still cheap. I am using...
by Monster99
Sat Nov 02, 2019 8:19 am
Forum: Personal Investments
Topic: Do you consider pensions as part of your overall asset allocation?
Replies: 67
Views: 5201

Re: Do you consider pensions as part of your overall asset allocation?

I have a pension that covers 65% of my current expenses - when DW and I start SS, all current expenses will be covered. It allows the AA to be less risky (35/65) currently but it also is NOT inflation adjusted, so it will be worth less in the future as it get eaten away.
by Monster99
Fri Nov 01, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Freezing Credit? Questions 2019
Replies: 19
Views: 1706

Re: Freezing Credit? Questions 2019

I am having issues with Equifax - They have changed their process from the time when I froze the credit and generated the pin for unlocking. Can't seem to get to the point to enter the pin #....
by Monster99
Fri Nov 01, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: H&R BLOCK Pre-Order 2019 Software Offer

Once I ordered the 2019 tax software, for $21.60, --including sales tax-- I received this confirmation: " We'll release the product on 11/09/2019. Your activation code is: XXXX-XXXX. Use it to activate your software and redeem five free federal e-files . Once H&R Block 2019 Deluxe Federal is releas...
by Monster99
Thu Oct 31, 2019 9:01 pm
Forum: Personal Investments
Topic: Vanguard's SpecID Lists Average Cost instead?
Replies: 9
Views: 730

Re: Vanguard's SpecID Lists Average Cost instead?

I have had problems with cost basis several times - Vanguard has them as average cost even though I have had them set to SpecID since 2014. I have lots that are uncovered and keep a spreadsheet that tracks date and cost basis that I have continued even though they are supposed to keep track of the c...
by Monster99
Thu Oct 31, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on Bonus
Replies: 27
Views: 3169

Re: Taxes on Bonus

When I was working, our bonus for the previous year was paid in February and also subjected to social security withholding.... total withholding was about 45%😐
by Monster99
Thu Oct 31, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Budget tracking with CC "float"
Replies: 19
Views: 997

Re: Budget tracking with CC "float"

For budget tracking, OP's question, I count expenditures when I make them, which includes use of credit cards. My tracking software, the now-discontinued but freely-available MS Money , subtracts the liabilities from my assets for its overall number. For cash flow purposes I count money flowing out...
by Monster99
Thu Oct 31, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Budget tracking with CC "float"
Replies: 19
Views: 997

Budget tracking with CC "float"

I have been tracking expenses and my cash flow since I retired and one small issue I have is how to deal with the credit card "float". I pay the CC every month in full but the payment is usually in the month after the expense occurred. Is it better to track when the expense is charged or when the ac...
by Monster99
Thu Oct 31, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21244

Re: HRBLOCK Pre-Order 2019 Software Offer

I got a offer for H&R block Deluxe+state for 29.95.
I will wait, as it will be 10-15 bucks cheaper around black Friday...(I also like the thrill of the hunt :D )
by Monster99
Mon Oct 28, 2019 6:42 am
Forum: Personal Finance (Not Investing)
Topic: [Want to convert IRA to Roth - have tax questions]
Replies: 4
Views: 109

Re: Downloading Cost Basis information at VBS

I have a question about this too - I started my Traditional IRAs in the mid 80's and now am retiring. Roth IRAs were not available at the time and by the time they were available, I was making too much. Now, I would like to convert my Traditional IRAs to Roths. My IRAs were formed by me mailing aft...
by Monster99
Sun Oct 27, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Downloading Cost Basis information at VBS
Replies: 12
Views: 769

Re: Downloading Cost Basis information at VBS

I have transactions that go back into the 1990's that are "uncovered" - Vanguard has them as average cost basis but I have a spreadsheet that tracks date, share price and cost basis. You can't download the the details for the uncovered funds, so that's clearly not what you're trying to do. You say ...
by Monster99
Sun Oct 27, 2019 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Downloading Cost Basis information at VBS
Replies: 12
Views: 769

Re: Downloading Cost Basis information at VBS

I have transactions that go back into the 1990's that are "uncovered" - Vanguard has them as average cost basis but I have a spreadsheet that tracks date, share price and cost basis.
by Monster99
Sun Oct 27, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: MyPayrollHR fraud ripple effects on unrelated company payrolls
Replies: 2
Views: 714

Re: MyPayrollHR fraud ripple effects on unrelated company payrolls

Call your payroll comptroller and ask? They should be able to provide the info to you....
by Monster99
Sun Oct 27, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct Discounts for 2019 version
Replies: 27
Views: 2025

Re: TaxAct Discounts for 2019 version

I picked up H&R Block Deluxe for 19 bucks last year around Black Friday. Usually someone will post here when the price is down below 20 dollars.... Do any of the online file providers (H&R, TaxAct) ever go on sale or just their desktop software? I don't have windows so I have to file online. I don'...
by Monster99
Sat Oct 26, 2019 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Discounts for 2019 version
Replies: 27
Views: 2025

Re: TaxAct Discounts for 2019 version

I picked up H&R Block Deluxe for 19 bucks last year around Black Friday. Usually someone will post here when the price is down below 20 dollars....
by Monster99
Sat Oct 26, 2019 8:52 pm
Forum: Personal Investments
Topic: Dipping Below Vanguard Fund Minimums?
Replies: 8
Views: 1270

Re: Dipping Below Vanguard Fund Minimums?

When I converted my Roth IRA to the brokerage platform, the settlement account was the Prime MM. Adding during the working years and buying funds, there was a small amount of interest ($0.07) in Prime. When they changed to the Federal MM for the settlement account, they moved the 7 cents down but it...
by Monster99
Sat Oct 26, 2019 12:41 pm
Forum: Investing - Theory, News & General
Topic: ETF Education vs Marketing from Vanguard
Replies: 14
Views: 1006

Re: ETF Education vs Marketing from Vanguard

That is happening to me also... along with constant ads for PAS. Almost makes me want to change to a different company, but I assume Fidelity or Schwab would be the same or worse. I just delete the emails and toss the mailers.....
by Monster99
Sat Oct 26, 2019 7:47 am
Forum: Personal Finance (Not Investing)
Topic: IRMAA income level for 2020
Replies: 10
Views: 1402

Re: IRMAA income level for 2020

How long does it take SSA to catch up to the current IRMAA? My DW will start Medicare in November, and we will owe a pentalty but only for the remainder of THIS year. Will we get a refund for January of next year? (We pay quarterly)
by Monster99
Fri Oct 25, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: If you overpay IRMAA will they give you a credit later?
Replies: 2
Views: 213

Re: If you overpay IRMAA will they give you a credit later?

Thanks! Will get the forms and fill out the info this weekend.
by Monster99
Fri Oct 25, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: If you overpay IRMAA will they give you a credit later?
Replies: 2
Views: 213

If you overpay IRMAA will they give you a credit later?

DW turns 65 in November, and we have gotten her on Medicare part B and D. Since we haven't claimed SS we will pay quarterly and have already paid the first installment. Just received a note saying due to income in 2017 ( my year of retirement) we are in tier 3 of the penalty. That year was an outlie...
by Monster99
Mon Oct 21, 2019 9:39 am
Forum: Investing - Theory, News & General
Topic: what was vanguard like before the internet?
Replies: 74
Views: 7512

Re: what was vanguard like before the internet?

Even in the early 1980's Vanguard and others had automatic investing programs (AIP) where they would take money from one's checking account at monthly (or other) intervals to invest. Many companies had a lower initial minimum purchased if one signed up for their AIP to invest monthly. And they all ...
by Monster99
Mon Oct 21, 2019 9:26 am
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 84
Views: 9921

Re: Retiring and Getting Over The Fear of Quitting?

I started laboratory research as a sophomore in college, worked 7 years at the university and another 31 in Big Pharma. I enjoyed the work and the challenges that it presented, and got a lot of satisfaction from work. The nature of the business changes and you expertise becomes dated and then they m...
by Monster99
Fri Oct 18, 2019 12:28 pm
Forum: Personal Investments
Topic: Considering Foregoing Medicare Part B to Make Roth Conversions
Replies: 8
Views: 1069

Re: Considering Foregoing Medicare Part B to Make Roth Conversions

Make sure your employer insurance doesn't convert to supplemental with Medicare as the main payer. If you delay part b, the penalty is for ever....
by Monster99
Fri Oct 18, 2019 12:07 pm
Forum: Personal Investments
Topic: Do I pay taxes on capital gains for mutual fund transfers within Vanguard?
Replies: 8
Views: 805

Re: Do I pay taxes on capital gains for mutual fund transfers within Vanguard?

BuddyJet wrote:
Fri Oct 18, 2019 12:02 pm
One minor exception is that conversion from mutual fund to the same fund in ETF form isn't a taxable event, the basis carries over.
Also, no tax implications with conversion of investor class to Admiral class for the same fund.
by Monster99
Thu Oct 17, 2019 5:35 am
Forum: Personal Investments
Topic: 3-Fund Portfolio (Adding a “Dividend Stocks” bucket)
Replies: 39
Views: 3214

Re: 3-Fund Portfolio (Adding a “Dividend Stocks” bucket)

If JNJ turns into Enron (think opioids) and you own the total market you lose one stock out of thousands - if you own individual stock in the company you lose it all.....