Search found 60 matches

by chazas
Tue Apr 02, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 155
Views: 14165

Re: What is your annual cost for health insurance?

I'm a partner at a law firm so I pay full freight. This year my premiums for myself/spouse are $22,188/year for an HDHP BCBS PPO. No firm contribution to premiums, no firm contribution to the HSA, I pay everything. $3000 deductible, $12,700 OOP maximum. Most in-network costs are covered 90% after de...
by chazas
Mon Apr 01, 2019 3:10 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 88
Views: 10346

Re: Men's no iron dress shirt recommendations

Brooks Brothers for true "dress" shirts, definitely, wait for the 4/$199 sales that come up multiple times a year. I also love Banana Republic "TechStretch" shirts, buy them when on heavily discounted sale and there's a 40-50% additional discount code for sale items, when they end up being around $2...
by chazas
Mon Apr 01, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Received offer on house with contingency for prior sale
Replies: 18
Views: 1705

Re: Received offer on house with contingency for prior sale

Depends on exact facts … For example… if your house has been on the market for a year with no offers, I would give serious consideration to a contingency offer if I thought the contingency could be satisfied… I would still probably say no. We had a great house in, um flyover country that we bought ...
by chazas
Thu Mar 28, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA to 401k
Replies: 6
Views: 296

Re: Traditional IRA to 401k

It varies by plan, for whatever reason. My Vanguard 401(k) allows rollovers in from the following types of accounts:

Qualified plan (e.g., 401(k), profit sharing, etc.).
403(b) plan.
Governmental 457(b) plan.
Traditional IRA.
Rollover/Conduit IRA.
SEP-IRA.
SIMPLE IRA.
by chazas
Thu Mar 28, 2019 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 6021

Re: Help with law school decision

Lots of good advice here. I’m a biglaw partner. I went Ivy undergrad, then to UT Austin for law school because back in the day tuition was basically costless for Texas residents. I was top of my class and law review and had my pick of jobs nationwide on coming out of law school, which is the only ti...
by chazas
Wed Mar 27, 2019 12:47 pm
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Re: Backdoor Roth worth it?

Well, I have mostly accomplished the rollover, no thanks to Schwab. I submitted the request Wednesday 3/20 and there was no indication they'd done anything until Tuesday evening 3/26 when the balance was finally zeroed out. I got the check today, Wednesday 3/27 and it has already been forwarded to V...
by chazas
Thu Mar 21, 2019 2:09 pm
Forum: Personal Investments
Topic: Will rolling over 401(k) jeopardize future backdoor Roth IRA conversions?
Replies: 5
Views: 511

Re: Will rolling over 401(k) jeopardize future backdoor Roth IRA conversions?

1. Yes. 2. No reason not to leave your money in your old employer's 401(k) if the investment options are good. I had one 401(k) I left with a former employer back in the days when good investment options were hard to come by, and it stayed there for more than 15 years until I eventually rolled it ov...
by chazas
Thu Mar 21, 2019 7:23 am
Forum: Personal Investments
Topic: Byline Bank for CDs?
Replies: 11
Views: 1050

Re: Byline Bank for CDs?

Im a big fan of online banks such as Ally, Synchrony, Marcus, and others. The problem with banks is that the dozen or so CD terms they have, only 1 or 2 of these terms will be competitive. If you forget to renew, they automatically renew your old CD in the same term, and the rate may be horrible. M...
by chazas
Mon Mar 18, 2019 8:09 pm
Forum: Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 81
Views: 13916

Re: Where do you keep your Emergency Fund?

Like some others, it’s in layers. I keep 5000 above projected monthly bills in our checking account. I transfer anything leftover at the end of the month to an associated savings account that yields 1.8%. When I accumulate enough extra cash in the savings account, I buy CDs under 2 years at the high...
by chazas
Mon Mar 18, 2019 7:44 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4768

Re: Slow cooker vs Instant pot........

They are good for different things. Slow cooker for meats that need long slow cooking, when you have the time. Pot roast, brisket, pork belly, etc. Use the instant pot when you’re pressed for time, but it’s not as good as an slow cooker. Still a cool thing to cook a pot roast when you come home from...
by chazas
Sun Mar 17, 2019 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Nightmare averted- Cautionary tale Please Read
Replies: 14
Views: 3236

Re: Real Estate Nightmare averted- Cautionary tale Please Read

Lawyer here (though this is not legal advice). I agree that there’s likely a prescriptive easement in this case, but that enforcing it would be unpleasant. We’ve “lost” multiple houses on inspection contingencies. One was an obvious tear down on a lot near metro, great redevelopment area. But we (fr...
by chazas
Sat Mar 16, 2019 8:38 am
Forum: Personal Investments
Topic: New 401k with John Hancock
Replies: 5
Views: 585

Re: New 401k with John Hancock

Probably. My Vanguard 401k has institutional funds with lower expense ratios.
by chazas
Fri Mar 15, 2019 2:50 pm
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Re: Backdoor Roth worth it?

Minor point, but 2019 415c limit plus CU = 62k :sharebeer What's CU? According to my benefits department, for 2019: 401(k)/Defined Contribution Plans Annual Benefit and Compensation Limits • $56,000 maximum annual benefit • $280,000 maximum annual compensation Catch Up contribution = CU Aah, thanks...
by chazas
Fri Mar 15, 2019 1:22 pm
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Re: Backdoor Roth worth it?

MotoTrojan wrote:
Fri Mar 15, 2019 12:53 pm
If you do it, I’d rearrange your tax-advantaged so as much if the IRA is in low volatility (bond/cash) parts of your AA, to reduce the impact of being out of the market. So make your 401k pre-transfer 100% equity essentially.
Great idea!
by chazas
Fri Mar 15, 2019 1:22 pm
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Re: Backdoor Roth worth it?

Busdrvr wrote:
Fri Mar 15, 2019 12:49 pm
Minor point, but 2019 415c limit plus CU = 62k :sharebeer
What's CU?

According to my benefits department, for 2019:

401(k)/Defined Contribution Plans Annual Benefit and Compensation Limits
• $56,000 maximum annual benefit
• $280,000 maximum annual compensation
by chazas
Fri Mar 15, 2019 12:36 pm
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Re: Backdoor Roth worth it?

Joint cash (CDs mostly) approximately $525K (saving to build a house). Most after-tax savings go here. If the CDs are at a bank, remember that FDIC insurance only covers $250K for each of you unless you have different titling on the accounts: joint, person 1, person 2, IRA for person 1,etc. The ban...
by chazas
Fri Mar 15, 2019 11:55 am
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Re: Backdoor Roth worth it?

We are putting everything possible into Roths, in large part to protect what we can from estate taxes and estate consequences. We live in MA, a state I love, but it’s rough on estates. My wife rolled her tIRA to 401k. If I had a suitable 401k, I’d do it also. A BDR really isn’t much of a PITA. We s...
by chazas
Fri Mar 15, 2019 11:54 am
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Re: Backdoor Roth worth it?

You don't state what your expected retirement expenses will be. You seem to have a lot saved assuming you will live a comfortable but not extravagant retirement lifestyle. Unless you are projecting that you will need those Roth monies, the answer is "no." OTOH if you are planning on saving the mone...
by chazas
Fri Mar 15, 2019 11:11 am
Forum: Personal Investments
Topic: Backdoor Roth worth it?
Replies: 23
Views: 1309

Backdoor Roth worth it?

I'm trying to decide whether it's worth the effort for me to start up contributing to a backdoor Roth. I'm 57, planned retirement at 67. My 401(k) and defined contribution plan take up the entire permitted $56,000 limit and I max them out. Federal tax bracket is 35%, state 5.25%. We have: Approximat...
by chazas
Thu Mar 14, 2019 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 5542

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

Yikes. I’m so sorry. I have a group LTC policy that continued after the demise of an employer - had it for about 15 years. They’ve raised rates a couple of times in modest amounts but it’s completely paid up and noncancellable when we each turn 65. I ponder the expense every once in a while then dec...
by chazas
Wed Mar 13, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Any credit cards that can beat the Citi doublecash?
Replies: 68
Views: 9260

Re: Any credit cards that can beat the Citi doublecash?

The Alliant card is good, but I'm a long time Citi customer and prefer to have my primary card associated with my local hub bank. I use: Citi Costco Visa for gas (4%), travel and restaurants (3%) and Costco (2%). Amex BlueCash Preferred for groceries (6%) and anyplace else that is Amex-only (1%). Ci...
by chazas
Mon Mar 11, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Airline travel and economy: pay $$ to pick seats
Replies: 116
Views: 8214

Re: Airline travel and economy: pay $$ to pick seats

Basic economy fares are a way of getting the best price with the most restrictions. Unfortunately if you want to pick seats you're going to have to shell out for a higher basic fare, and then pay even more for "good" seats. Just the way it is today. If I were a family traveling together it would be ...
by chazas
Mon Mar 11, 2019 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Will and trust....software or attorney?
Replies: 41
Views: 3383

Re: Will and trust....software or attorney?

An attorney who specializes in wills and trusts. Do not go with software. Do not go with a generalist.
by chazas
Thu Mar 07, 2019 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Which of these Online Savings Accounts (high-yield) are reliable?
Replies: 45
Views: 6758

Re: Which of these Online Savings Accounts (high-yield) are reliable?

I just moved my liquid savings to Purepoint from Ally yesterday - only 5 bps higher on the savings account but 30 bps higher on their no penalty CDs, which starts adding up. So far a couple of annoyances: You have to keep 10K in the savings account to get a competitive rate. I knew this in advance....
by chazas
Thu Mar 07, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Which of these Online Savings Accounts (high-yield) are reliable?
Replies: 45
Views: 6758

Re: Which of these Online Savings Accounts (high-yield) are reliable?

I just moved my liquid savings to Purepoint from Ally yesterday - only 5 bps higher on the savings account but 30 bps higher on their no penalty CDs, which starts adding up. So far a couple of annoyances: You have to keep 10K in the savings account to get a competitive rate. I knew this in advance. ...
by chazas
Thu Mar 07, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Which of these Online Savings Accounts (high-yield) are reliable?
Replies: 45
Views: 6758

Re: Which of these Online Savings Accounts (high-yield) are reliable?

They generally reduce the 3 business days to one after a transfer or two. But the reduction only works in one direction. I.e., I get one day pulls from my Citi checking account, but when I went to push money from Ally to Citi the first time it took 3 business days. Frustrating but the online and ove...
by chazas
Sat Mar 02, 2019 2:11 pm
Forum: Personal Investments
Topic: question regarding bank cd deals
Replies: 10
Views: 923

Re: question regarding bank cd deals

But for the most part any "new rate" will be available as a brokered CD from some bank within about 2 weeks. The rate and term may not show up as a brokered CD for a week or 10 days and then there may be a 7 - 10 day delay before the settlement date. I've only been doing CDs for about a year, and I...
by chazas
Wed Feb 20, 2019 2:40 pm
Forum: Personal Investments
Topic: Can I transfer my 401k to Vanguard while still employed with my company?
Replies: 12
Views: 2958

Re: Can I transfer my 401k to Vanguard while still employed with my company?

You can't generally transfer out of an employer's plan until you leave their employ, except to the extent of assets that you may have rolled in from a different plan or account.
by chazas
Fri Feb 08, 2019 9:57 am
Forum: Personal Investments
Topic: What do you use for your bond exposure?
Replies: 47
Views: 3655

Re: What do you use for your bond exposure?

VBTIX in my work plans.

Plus SWVXX in my taxable account for dribs and drabs and CDs for nearer term savings.
by chazas
Fri Feb 08, 2019 9:47 am
Forum: Personal Investments
Topic: Ally Bank's nightmarish online reviews -- should I be worried?
Replies: 97
Views: 10660

Re: Ally Bank's nightmarish online reviews -- should I be worried?

Well, that would be annoying. I haven't had those issues, but I haven't yet upgraded my Ally app as it has bugged me to do for the last few days. I use Citi for "local" banking stuff because of a 20+ year private banking relationship. They're fine and I have someone to call anytime I need anything. ...
by chazas
Fri Feb 01, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: How much do you keep in checking?
Replies: 135
Views: 11653

Re: How much do you keep in checking?

I try not to cut it too close but only enough for one month's expenses with a reasonable cushion.
by chazas
Tue Jan 29, 2019 2:17 pm
Forum: Personal Investments
Topic: Pro's and Con's of Vanguard CD's for CD Ladder
Replies: 4
Views: 613

Re: Pro's and Con's of Vanguard CD's for CD Ladder

I've only been doing CDs for the last year year or so while saving to build a house. But at least at Schwab the available brokered CDs aren't currently competitive with the interest rates offered by some internet banks. Also with bank direct CDs you can break them with the applicable interest penalt...
by chazas
Fri Jan 25, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating Job Offer - Longer Commute
Replies: 63
Views: 4342

Re: Evaluating Job Offer - Longer Commute

You say you don't like your current job or team. To me, that's the key. If you think you're going to love the new position then that to me would be the most important thing since they're making efforts to accommodate your commute issue. If not, then the drawbacks probably aren't worth it.
by chazas
Fri Jan 25, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 155
Views: 19089

Re: What's your cash position

About 1/3 - most of our non tax-advantaged funds. We're planning on building a house within the next 2-3 years without borrowing.
by chazas
Fri Jan 25, 2019 6:43 am
Forum: Investing - Theory, News & General
Topic: Tell me your HSA strategy/advice
Replies: 54
Views: 6589

Re: Tell me your HSA strategy/advice

I’m treating it as (small) part of my total asset allocation, invested in FZILX. Will use for post-retirement medical expenses.
by chazas
Thu Jan 24, 2019 11:40 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1065
Views: 104130

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

PNC was supposed to call me back but never did - however, today, mysteriously the funds appeared in my HSA. So they must have taken care of it with Fidelity in the background. Finally! More drama, this time on Fidelity’s part. No indication that they’d received the funds yet, so I called. Over a hal...
by chazas
Thu Jan 24, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: Grocery shopping strategy
Replies: 146
Views: 10212

Re: Grocery shopping strategy

We mix it up. Costco every 6 weeks or so for meats and some staples. Our close by Harris Teeter for quick trips and an occasional “regular” shopping trip - the prices there generally seem to be considerably lower than Safeway now. Occasional pickups at the local Target when there anyway. And bigger ...
by chazas
Thu Jan 24, 2019 8:36 am
Forum: Personal Consumer Issues
Topic: Hearing Aids
Replies: 45
Views: 3608

Re: Hearing Aids

Also there’s a good hearing aid forum. Go there. https://forum.hearingtracker.com/
by chazas
Thu Jan 24, 2019 8:25 am
Forum: Personal Investments
Topic: Asset allocation across multiple accounts
Replies: 2
Views: 301

Re: Asset allocation across multiple accounts

However you want to do it. If you are actually going to use it for short term medical expenses then leave some in cash equivalents. if you’re treating it as just another investment account you can mirror the allocation in your other account(s) or treat all the accounts as one and allocate across you...
by chazas
Tue Jan 22, 2019 11:12 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1065
Views: 104130

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

More drama, this time on Fidelity’s part. No indication that they’d received the funds yet, so I called. Over a half hour holding, no information. They emailed me to call them back. More time on hold. Apparently they had received the check but wouldn’t accept it, I was told they needed a letter on P...
by chazas
Tue Jan 22, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: NY Times $1 per week digital
Replies: 41
Views: 6032

Re: NY Times $1 per week digital

Great find! I've been wanting to resubscribe but the normal pricing wasn't worth it to me. Thanks.
by chazas
Tue Jan 22, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Hearing Aids
Replies: 45
Views: 3608

Re: Hearing Aids

Costco is a good option. Another option is to use a referral service like hearingrevolution.com. That's what I did, because I wanted a hearing aid (Oticon OPN1) where Costco doesn't carry an equivalent. You call, they refer you to a local audiologist, then you get significantly discounted pricing. A...
by chazas
Mon Jan 14, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Who's flying?
Replies: 83
Views: 10747

Re: Who's flying?

DCA and LGA were both fine last Tuesday/Wednesday.
by chazas
Sat Jan 12, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1065
Views: 104130

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

My BCBS HSA was administered by Acclaris. My firm decided to move to PNC and either staying or moving would have entailed fees. I started trying to gather information on 10/31 when they announced and started trying to move to Fidelity as soon as I could. There was no way to talk to Acclaris directly...
by chazas
Mon Dec 17, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1065
Views: 104130

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I'm having a similar issue with Acclaris. Fidelity says they mailed the paperwork 12/2. No word from Acclaris yet. Fidelity says there's an expected completion date of 12/20, but I'm facing a blackout starting 12/24 and if it's not done by then it's likely everything will get moved to a provider I d...
by chazas
Mon Nov 19, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1065
Views: 104130

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

EDIT: Fidelity rep said to print the form outside the wizard and check the brokerage transfer option. We'll see. *** I'm trying to transfer an HSA account currently at my BCBS provider, Acclaris, to a new individual Fidelity account. When I fill in the Acclaris information on the transfer screens, ...
by chazas
Mon Nov 19, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1065
Views: 104130

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

EDIT: Fidelity rep said to print the form outside the wizard and check the brokerage transfer option. We'll see. *** I'm trying to transfer an HSA account currently at my BCBS provider, Acclaris, to a new individual Fidelity account. When I fill in the Acclaris information on the transfer screens, i...
by chazas
Mon Nov 12, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Help! yet aother PPO vs HDHP plan
Replies: 12
Views: 1215

Re: Help! yet aother PPO vs HDHP plan

Seems to me the less you pay overall the better, even if you hit the deductible later in the year. I use the coupon price and then, later in the year once I've hit the deductible because of other expenses, submit the receipts for reimbursement. I have thought about this. Sometimes the medication cos...
by chazas
Thu Jul 26, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 29
Views: 4397

Re: Hearing aids

That't the best hearing aid forum, I learned a lot before I recently got my first aids. I wanted Oticon OPN1s, and the sister Bernafon aids sold by Costco don't have the same sound processing paradigm. I was quoted $6500 by the first audiologist I visited. Instead I went through hearingrevolution.co...
by chazas
Tue Jul 17, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: Going solar?
Replies: 73
Views: 7100

Re: Going solar?

What was the point? You're bills were so low to begin with. Just wanted to be green? I, for one, have thanks for the early adopters. Good on ya, mate. Thanks. We were building a new house with lots of (at the time) cutting edge green features. No one could tell us what our bills might be or what re...