Search found 186 matches

by boglewill34
Fri May 29, 2020 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Two accountants disagree - Bogleheads for the tiebreaker
Replies: 64
Views: 3979

Re: Two accountants disagree - Bogleheads for the tiebreaker

Are they considering the option to give it all to the wife? That was my thought too. Maybe someone can fill in, but for the same income levels and years contributed, do men and women get the same payments getting SS, for the same length of time? If so, I'd say it may actually be beneficial for the ...
by boglewill34
Wed May 13, 2020 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Fast ?::Do grocery delivery services count as supermarkets for Amex Blue Cash cards?
Replies: 14
Views: 989

Re: Fast ?::Do grocery delivery services count as supermarkets for Amex Blue Cash cards?

Tangent to this, do they count inside purchases as fuel at for example a convenience store that has fuel pumps and a mini-mart inside? It's already a pretty good deal just on groceries for us, we can reach the yearly max on those, wondering how gas will factor in.
by boglewill34
Tue May 12, 2020 1:51 pm
Forum: Personal Investments
Topic: ETF choice for short term cash
Replies: 15
Views: 2709

Re: ETF choice for short term cash

Wondering what people think of FLRN within this bunch. I bought that to match a liability, maybe a year ago, I honestly don't remember what informed the decision to buy that over some others, other than it was one of a somewhat limited number on the free trade list within Schwab at the time. I haven...
by boglewill34
Tue May 12, 2020 12:30 pm
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9503

Re: Ally lowers APR on savings from 1.5% to 1.25%

<snip> Ally hasn't been good about customer communication with me. They only offer phone calls and email - no website messaging like every other online bank I've used. <snip> The underlined part is not true. They offer both online chat and secure messaging via their website. I have used both extens...
by boglewill34
Mon May 11, 2020 3:01 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 157
Views: 16143

Re: Marcus or Ally

Of course, email today from Ally Bank... HYS interest rate dropping to 1.25%. Marcus still ahead at 1.3%. Hope no one rushed from Marcus to Ally when Marcus dropped to 1.3%. I don't seem to have gotten that email yet. If that is the case, I think I'm just going to go ahead and pay off the mortgage ...
by boglewill34
Mon May 11, 2020 2:27 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 157
Views: 16143

Re: Marcus or Ally

Of course, email today from Ally Bank... HYS interest rate dropping to 1.25%. Marcus still ahead at 1.3%. Hope no one rushed from Marcus to Ally when Marcus dropped to 1.3%. I don't seem to have gotten that email yet. If that is the case, I think I'm just going to go ahead and pay off the mortgage ...
by boglewill34
Mon May 11, 2020 2:12 pm
Forum: Personal Investments
Topic: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..
Replies: 50
Views: 3361

Re: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..

Will you be eligible for a substantial pension in addition to Social Security? A pension changes that analysis, so that Roth contributions are likely better if you have a significant pension coming in addition to Social Security. TFB blog post, "Most TSP participants should switch to the Roth TSP" ...
by boglewill34
Thu May 07, 2020 6:28 am
Forum: Personal Investments
Topic: Please help me get out of international
Replies: 64
Views: 3497

Re: Please help me get out of international

Why not just keep the international and just not add more to it? It’ll get diluted over time, but you’ll still have exposure.
by boglewill34
Wed May 06, 2020 2:24 pm
Forum: Personal Investments
Topic: Rethinking Emergency / Savings Account options and risks: Ally / ICSH / MINT
Replies: 11
Views: 856

Re: Rethinking Emergency / Savings Account options and risks: Ally / ICSH / MINT

I was in FLRN very recently, it is similar to ICSH. Just from luck and having planned to use that money to match a liability, which was to pay for a vacation just before the virus struck, I sold FLRN right before it went down an uncharacteristic amount. It wouldn't have been a travesty to have lost ...
by boglewill34
Wed May 06, 2020 2:05 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11547

Re: Poor Publix employee seeking 401k investment advice

One of the things I like about at least having a traditional IRA open, even if I don't contribute to it consistently, is that it allows me to contribute when and how much I want more flexibly than a workplace plan (in my case a 457). And you can contribute to it after the calendar year is up but pri...
by boglewill34
Wed May 06, 2020 10:49 am
Forum: Personal Investments
Topic: Best online savings bank
Replies: 21
Views: 2989

Re: Best online savings bank

I just set up an Ally account last week. I was between them and Marcus, but the zero min on CDs at Ally was my draw, so I went with that. Their app and website are very good and easy to use, echeck deposit seems to work well, I do like the virtual buckets in the HYS account, I've earmarked pieces of...
by boglewill34
Thu Apr 30, 2020 5:21 am
Forum: Personal Investments
Topic: Pay mortgage or invest?
Replies: 18
Views: 1492

Re: Pay mortgage or invest?

Woah, I'm blown away by the thoughtful responses this post received. This is an amazing community <3 Are you maxing out your IRA? I'm currently only maxing out my employer contribution to my retirement plan. I have the option through my employer to do a mega back door roth but I'm not doing that ye...
by boglewill34
Tue Apr 28, 2020 8:27 am
Forum: Personal Investments
Topic: S&P 500 vs Total Market Index funds
Replies: 67
Views: 5314

Re: S&P 500 vs Total Market Index funds

I hope OP doesn't mind somewhat of a piggyback post. If one were to own BOTH an S&P500 AND a total market fund, what is the best way to weight the contribution the total market makes to an overall AA? In my case, in my 457 I have access to an S&P500 and a R2500 (small AND mid) which is in itself kin...
by boglewill34
Fri Apr 24, 2020 6:37 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11547

Re: Poor Publix employee seeking 401k investment advice

I can barely see some of the screen shots, but it looks like you’re paying like $700 or more in fees at RJ for the $25k portfolio. A simple 2-3 fund at Vanguard would be like $25 a year instead. A person making low income shouldn’t be in munis either, makes no sense. No knock on the OP, that’s on RJ...
by boglewill34
Fri Apr 24, 2020 10:49 am
Forum: Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 32
Views: 3382

Re: Advice welcome-VERY unusual circumstance: lien, NOL

Thanks for the update. It seems you are making progress and still managing to enjoy life some. That is good. Just think....someday your update will say "I'm done!" Thanks a lot RJG, while it sounds all work, me and wife are lucky to get a good bit of time off and we've done tons of camping and fun ...
by boglewill34
Fri Apr 24, 2020 9:12 am
Forum: Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 32
Views: 3382

Re: Advice welcome-VERY unusual circumstance: lien, NOL

... Wife and I both early 40s, ... 3 kids, 8, 10, 10. I make 55k, .. She makes 36k, w ...home which we've had since 2005, currently owe 205k at 4.875% on a first and 47k at around 5.25% on a heloc. RE taxes total around 6k a year combined. Taxes. We owe around 52k from 2012, and around 13k from 201...
by boglewill34
Fri Apr 24, 2020 7:57 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11547

Re: Poor Publix employee seeking 401k investment advice

I don't see myself making more than $20/ hour since I don't think I want to be a manager and I don't feel like I'm smart enough to have a better job so I'm thinking about sticking with Publix for as long as I can Not at all saying that what you are currently doing isn't worthwhile and a significant...
by boglewill34
Fri Apr 17, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA and Coronavirus
Replies: 15
Views: 555

Re: Dependent Care FSA and Coronavirus

In my experience, an FSA claim can't be paid until funds have been withheld from a paycheck. (At least at my company.) I'm a state employee, my health FSA funding is front loaded by the state and I 'pay them off' with weekly contribs. Like the OP, I'm curious what will happen with dependent care co...
by boglewill34
Thu Apr 16, 2020 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA and Coronavirus
Replies: 15
Views: 555

Re: Dependent Care FSA and Coronavirus

I had wondered same so will be following. What’s the $5k stipulation?
by boglewill34
Tue Apr 14, 2020 12:52 pm
Forum: Personal Investments
Topic: Input on EE bonds vs other safe vehicles
Replies: 4
Views: 560

Input on EE bonds vs other safe vehicles

I posted most of this post in the 'theory' section but realize it's not the right spot to ask for input. Given the ubiquity of the EE vs I bond threads I've been having a variety of ideas lately. Often in those threads the discussion centers more among higher-income people, but I was wondering if an...
by boglewill34
Mon Apr 13, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Why not go EE bonds (instead of bond funds)?
Replies: 176
Views: 10914

Re: Why not go EE bonds (instead of bond funds)?

Can only invest a small amount in EE Bonds each year. For many of us, that will not suffice. And on the flip side, most folks have no additional money to invest in taxable after funding two Roth IRAs, two 401(k)s, and a family HSA. We turned 50 this year, so that's $73,100 in tax-advantaged space t...
by boglewill34
Fri Apr 10, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: What if one rebalanced on March 16, the RBD?
Replies: 120
Views: 9179

Re: What if one rebalanced on March 16, the RBD?

I did mini-rebalance, both times out of a bond fund. Once into S&P500 and Intl ex-EM on 3/9 then again into R2000 on 3/16. The R2000 fund is up 20% since that day to close yesterday. I Roth converted Intl and EM funds on 3/30.
by boglewill34
Mon Mar 23, 2020 6:31 am
Forum: Investing - Theory, News & General
Topic: anyone accelerating their 401/457/403 contributions in next X weeks/months?
Replies: 27
Views: 1470

Re: anyone accelerating their 401/457/403 contributions in next X weeks/months?

I haven't maxed out yet, but yes I'm considering increasing my 457 contribs. I had consider it prior to things getting as bad as they are, I'm ~16 years away from needing any of it, so I'd consider things a good buy right now. It is also a good time for Roth conversions. I may consider nibbling at t...
by boglewill34
Thu Mar 12, 2020 7:06 pm
Forum: Investing - Theory, News & General
Topic: Sizable Drop in Ultra Short Term Bond ETFs
Replies: 39
Views: 3207

Re: Sizable Drop in Ultra Short Term Bond ETFs

I’m lucky to have gotten out of a similar one FLRN, sold recently for liability matching.
by boglewill34
Wed Mar 11, 2020 11:33 am
Forum: Investing - Theory, News & General
Topic: I Bonds are a screaming buy - Tipswatch
Replies: 138
Views: 22101

Re: I Bonds are a screaming buy - Tipswatch

Phineas J. Whoopee wrote:
Tue Mar 10, 2020 6:20 pm
Watty wrote:
Tue Mar 10, 2020 5:27 pm
Agreed, one other thing people need to be aware of is that savings bonds are one of the few investments that do not go to your estate at a stepped up cost basis.
Also agreed.

PJW
To clarify, this is a negative aspect, correct?
by boglewill34
Tue Mar 10, 2020 12:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19303
Views: 2679417

Re: U.S. stocks in free fall

tj wrote:
Tue Mar 10, 2020 9:11 am
ReformedSpender wrote:
Tue Mar 10, 2020 8:40 am
tj wrote:
Tue Mar 10, 2020 8:34 am
Is the Russell 2000 really down 9% right now? Crazy
yesterday
Yahoo was showing it down with the others up. Must have been a delay
Yahoo's Russell 2000 ticker is often broken, especially during market close times.
by boglewill34
Fri Mar 22, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: 10 Year/3 Month Treasuries Inversion
Replies: 100
Views: 9600

Re: 10 Year/3 Month Treasuries Inversion

I'll follow mortgage rates and maybe refinance. Circumstantially I can't now.
I'll keep looking at one ultra short duration bond etf that I've been considering investing in to see where it goes vs cash.
I will strongly consider converting pre-tax to Roth if there is a resultant strong bear market.
by boglewill34
Wed Mar 20, 2019 10:42 am
Forum: Personal Investments
Topic: 529 plan question: When did you change to more conservative AA?
Replies: 36
Views: 2351

Re: 529 plan question: When did you change to more conservative AA?

We are in the NY 529 aggressive age-based option, 3 kids ages 9, 11, 11. Right or wrong, I consider the 529s as separate from our AA, as I view it as mostly not our money, but the kids' money. The 11 yo's glide path has already settled on fewer equities than earlier in the plan, and for this I have...
by boglewill34
Wed Mar 20, 2019 9:12 am
Forum: Personal Investments
Topic: 529 plan question: When did you change to more conservative AA?
Replies: 36
Views: 2351

Re: 529 plan question: When did you change to more conservative AA?

We are in the NY 529 aggressive age-based option, 3 kids ages 9, 11, 11. Right or wrong, I consider the 529s as separate from our AA, as I view it as mostly not our money, but the kids' money. The 11 yo's glide path has already settled on fewer equities than earlier in the plan, and for this I have...
by boglewill34
Wed Mar 20, 2019 8:31 am
Forum: Personal Investments
Topic: 529 plan question: When did you change to more conservative AA?
Replies: 36
Views: 2351

Re: 529 plan question: When did you change to more conservative AA?

We are in the NY 529 aggressive age-based option, 3 kids ages 9, 11, 11. Right or wrong, I consider the 529s as separate from our AA, as I view it as mostly not our money, but the kids' money. The 11 yo's glide path has already settled on fewer equities than earlier in the plan, and for this I haven...
by boglewill34
Mon Mar 18, 2019 10:45 am
Forum: Personal Investments
Topic: What 457b company? Lost!
Replies: 39
Views: 1942

Re: What 457b company? Lost!

One thing about the Roth 457b is, if one takes early withdrawals before 59.5, those withdrawals from a Roth 457b are taxable. https://financegourmet.com/blog/retirement/how-to-use-roth-457-plans/ In LE or FF, folks often retire in their early or mid 50's. They may or may not need to withdraw from t...
by boglewill34
Sun Mar 17, 2019 9:30 am
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 9205

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

Notwithstanding active safety features, of which there have been numerous improvements in the intervening years. From a vehicle dynamics standpoint the CRV is much more likely to be unstable and/or roll over in an accident avoidance maneuver than the minivan. Buy the minivan.
by boglewill34
Sat Mar 16, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Time to Buy Another Car - New/Used & Financing Question
Replies: 8
Views: 1077

Re: Time to Buy Another Car - New/Used & Financing Question

The only zero percent financing you’ll get is from the factory on a new car. I’ve been seeing in the 2-3% range at my credit union, depending on term, and they will finance later model used cars at the upper end of that range as well. I’d go used, as the depreciation on a car is at its maximum very ...
by boglewill34
Sat Mar 16, 2019 1:33 pm
Forum: Personal Investments
Topic: Should I borrow from my emergency fund to max out my ROTH IRA
Replies: 22
Views: 1218

Re: Should I borrow from my emergency fund to max out my ROTH IRA

I’d say definitely yes. In fact, I raided our cash reserves to fund a retirement account, in our case to put toward a deductible tIRA for 2018.
by boglewill34
Tue Mar 12, 2019 9:22 am
Forum: Investing - Theory, News & General
Topic: Is buying only assets with "tickers" a good Boglehead "rule"?
Replies: 23
Views: 1749

Re: Is buying only assets with "tickers" a good Boglehead "rule"?

All the best/cheapest funds in my 457 plan are CITs, so... :)
by boglewill34
Mon Mar 11, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Lowest Tax Possible
Replies: 46
Views: 4445

Re: Lowest Tax Possible

I forgot the include the inputs I entered into the calculator: I want to make sure I'm entering the right amount for 'Total plans and cafeteria'. Are these the total projected deductions for our medical plans + FSA? Filing Status: joint Someone else can claim you as a dependent: no Number of jobs: ...
by boglewill34
Fri Mar 08, 2019 4:20 pm
Forum: Personal Investments
Topic: 403b Question
Replies: 10
Views: 1006

Re: 403b Question

VINIX looks very good here. I'd make sure to get at least the employer match with that fund, then depending on additional amounts that you'll put in and income levels, etc, you can contribute to an IRA outside of this plan to round out your asset allocation with low ER funds.
by boglewill34
Fri Mar 08, 2019 8:08 am
Forum: Personal Finance (Not Investing)
Topic: When were you able to max out your 401k, IRAs?
Replies: 69
Views: 5870

Re: When were you able to max out your 401k, IRAs?

Age 45 here, we will max wife’s IRA for 2018 next week (!) between Roth and tira. First ever max of any retirement vehicle. For 2019 we will both likely max our individually held IRAs and I should be able to fill about half my 457. Then when our very old tax debt is cleared we should have no problem...
by boglewill34
Sun Mar 03, 2019 12:06 pm
Forum: Personal Investments
Topic: Starting over at 28 and need a plan going forward
Replies: 23
Views: 3148

Re: Starting over at 28 and need a plan going forward

I’m 45 and started over at around 41 with a ton of debt. I have every reason to be positive at this point, and you can too. Looks like you are in the 12% bracket, yeah max Roth if you can as long as you are there. Work on your career and getting them to set up some sort of IRA, you’ll be in good sha...
by boglewill34
Thu Feb 28, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: after tax money in traditional IRA and convert to Roth?
Replies: 18
Views: 825

Re: after tax money in traditional IRA and convert to Roth?

azianbob wrote:
Thu Feb 28, 2019 2:12 pm
You can open an IRA regardless if you have a 401k or not. Just be sure when you contribute you select non-deductible.
I don't know unequivocally, but I don't think there's anything to select for deductible or non-deductible on a tIRA account. AFAIK the selection comes at tax filing time.
by boglewill34
Tue Feb 26, 2019 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Lowest Tax Possible
Replies: 46
Views: 4445

Re: Lowest Tax Possible

Google search for ADP Paycheck calculator. You can put in different allowances to model different results, I’ve found the output matches real paychecks within less than a dollar error if you put the variables in correctly. It does state withholding correctly too.
by boglewill34
Tue Feb 26, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Lowest Tax Possible
Replies: 46
Views: 4445

Re: Lowest Tax Possible

You can only put $6000 total into a Traditional IRA plus Roth IRA (per person). So you could do $3000 in Traditional and $3000 in Roth, for instance. Traditional IRA contributions reduce current taxable income. Wow, I’m glad I read this and verified. I did not know this, and would definitely have b...
by boglewill34
Sat Feb 23, 2019 4:33 pm
Forum: Personal Investments
Topic: 457 pre-tax or Roth, with 0% CURRENT tax rate
Replies: 8
Views: 513

Re: 457 pre-tax or Roth, with 0% CURRENT tax rate

I think you should contribute enough to pretax over the next five years to offset your expected year six income from the 22% bracket, but no more. Currently, NOL offsets income taxed at every level, but there is nothing you can do to prevent offsetting the 10% and 12% brackets. You are already tryi...
by boglewill34
Fri Feb 22, 2019 4:02 pm
Forum: Personal Investments
Topic: 457 pre-tax or Roth, with 0% CURRENT tax rate
Replies: 8
Views: 513

Re: 457 pre-tax or Roth, with 0% CURRENT tax rate

Have you looked at how the kids influence your taxes? Three kids adds CTC * 3, or up to $6k (if under age 17) tax credit. A good portion of that can be refundable. Any way to be eligible for EITC (no idea how NOL interacts with EITC, but that AGI level might be eligible for $6k+ refundable credits)...
by boglewill34
Fri Feb 22, 2019 2:13 pm
Forum: Personal Investments
Topic: 457 pre-tax or Roth, with 0% CURRENT tax rate
Replies: 8
Views: 513

Re: 457 pre-tax or Roth, with 0% CURRENT tax rate

In thinking about this a bit more deeply as a function of time. It's not that I'd be deferring the money into the 22% space by putting it in now pre-tax, I'd be deferring it into the future effective tax rate space, which at today's rates would be 7-8%. Put another way, to give round numbers if I pu...
by boglewill34
Fri Feb 22, 2019 1:59 pm
Forum: Personal Investments
Topic: 457 pre-tax or Roth, with 0% CURRENT tax rate
Replies: 8
Views: 513

Re: 457 pre-tax or Roth, with 0% CURRENT tax rate

petulant wrote:
Fri Feb 22, 2019 1:55 pm
Is there a time limit on using the NOL?
It is limited to 20 years, I started using it in 2015 after waiving carry back. You do however have to consume it against current income, ie you can't waive using it while it is in existence.
by boglewill34
Fri Feb 22, 2019 1:47 pm
Forum: Personal Investments
Topic: 457 pre-tax or Roth, with 0% CURRENT tax rate
Replies: 8
Views: 513

457 pre-tax or Roth, with 0% CURRENT tax rate

Obviously this would be a no-brainer if it were as simple as 0% tax rate. However, my effective tax rate is 0% due to a net operating loss carryforward, so the real question is whether I should extend my available time period of 0% tax rate by filling pre-tax space or take full advantage of the curr...
by boglewill34
Thu Feb 21, 2019 2:51 pm
Forum: Personal Investments
Topic: More tax efficient place for Emergency Fund?
Replies: 25
Views: 3768

Re: More tax efficient place for Emergency Fund?

I've been attracted to short term treasury funds that are less volatile than the intermediate term ones but are likewise a cheap way to have a treasury ladder that preserves the liquidity of a fund. At Vanguard for investor shares also $3k minimum it would be VFISX, .2% ER and current yield is 2.37%...
by boglewill34
Thu Feb 21, 2019 12:02 pm
Forum: Personal Investments
Topic: Eliminate my emergency fund?
Replies: 90
Views: 8219

Re: Eliminate my emergency fund?

For me, I think instances for real emergency in ranked order of likelihood would be: major car repair, moderate home repair needs like a fridge, hvac or washer, large dental bill like cap, crown or root canal, and then job furlough, we are both on state payroll, but in vastly different agencies. We ...
by boglewill34
Wed Feb 20, 2019 11:57 am
Forum: Personal Investments
Topic: No emergency fund?
Replies: 51
Views: 4617

Re: No emergency fund?

Have a large mortgage, job at risk, 3 kids nearing college age and a rather small but aggressively invested portfolio? You probably should have a decent E fund. Problem is in this very scenario, if you are anywhere near the realm of getting some college financial aid, a large e-fund will raise your...