Bogleheads.org

FrankLUSMC

Aside from the fact that there is no contractual guarantees, these plans probably work OK for most healthy people. It does so by shifting more of the burden to the rest of society. These good people of faith will reject any expenses (and maybe even applicants) related to pre-existing conditions. Th...

FrankLUSMC

Eagle33 wrote: ↑Tue Jan 12, 2021 12:46 am Vanguard 1099-R received 1/11/21.

+1 available on-line

FrankLUSMC

Just updated my TT and found Rcovery rebat Credit line 19 for EIP2 amount. Just FYI

FrankLUSMC

whodidntante wrote: ↑Wed Dec 30, 2020 8:42 pm Before the end of the world, I would play live poker.

In order for this to qualify as "sexy" it would have to be strip poker/money with some lookers of the opposite gender.

FrankLUSMC

Rainier wrote: ↑Thu Dec 31, 2020 5:54 am Mine showed up last night.

Any idea why my phased out payment is down to the penny?

+1 from my bank line item, mine is
Dec 31, 2020 IRS TREAS 310 T Uncategorized $1,102.30

FrankLUSMC

This year I spent considerable amount of time to track my expenses since 2014 (using mint.com) and overall my spending went down a little bit in 2020, although some categories increased significantly while others were down [ select all Category 2014 2015 2016 2017 2018 2019 2020 Auto &Transport...

FrankLUSMC

Hi Bogleheads, I have a quick question: do you guys think it's a good idea to tax gain harvest in taxable account if you are in the 0% capital gains tax bracket at the federal level, but have to pay 6% at the state level? Let's say I have $6,000 in gains, that would be $360 at the state level. Is i...

FrankLUSMC

I've been using turbotax since 1985 or so. TT has my bank info for receiving refunds. Both State and Federal refunds get deposited within 7 days now. I received the 2400 stimulus (wife and I) on Feb. 14 and expect this 600/1200 within 7 days. You got the first stimulus a month before the pandemic? ...

FrankLUSMC

This is from Forbes, a great illustration of why a loan should NOT be taken from a Life Policy: How to Monitor a Life Insurance Policy Loan The insurance company will not require you to pay back the loan balance. Nor do they provide any loan repayment schedule. You have the option each year to pay l...

FrankLUSMC

I've been using turbotax since 1985 or so. TT has my bank info for receiving refunds. Both State and Federal refunds get deposited within 7 days now.
I received the 2400 stimulus (wife and I) on Feb. 14 and expect this 600/1200 within 7 days.

FrankLUSMC

It sounds like you are currently paying state income taxes. Some states don't tax portions of retirement accounts (401K, TIRA and pensions). You may want to visit this. My state SC gives a per person $3000 deduction (under 65, but 15K each once 65+) on retirement income (Roth conversion). So I want ...

FrankLUSMC

I'm a little late to this threaded roll call.

My wife Maria actually retired on Jan.4, 2020 at age 61.5 She is 62 now(June birthday) and has almost a whole year under retirement now.
She has acclimated quite well even with the crazy COVID year.

FrankLUSMC

I missed the birthday salute.

Semper Fi my brothers and sister Marines.
I was a 200 yr. birthday Marine, served 1975-1979. !975 was a great year for me.

MOS 2881, MACS-6, MACG-29, 2nd MAW, Cherry Point NC
E-5 Sgt.

My wife also served as a Marine, 1977-1981.

OOOORRAAHH

FrankLUSMC

I applied a few months ago. I told them (on-line application) that I wanted first payment in January. I received a call back after application was approved and the gentleman was very helpful. You need to START SS in December to receive a payment in January (payment is considered arrears). You may ha...

FrankLUSMC

I am pasting an email that I received today from Vanguard: Updates to brokerage account agreement, commission and fee schedules, and evening hours trading Dear Vanguard Brokerage Client, Effective December 30, 2020, we'll be amending the Vanguard Brokerage Account Agreement. We'll also be updating o...

FrankLUSMC

If you are a nobody professor with no claim to fame, then the best bet is to make some outlandish claims as USD falling precipitously against other currencies and then at some point in future if that happens by chance you become an instant celebrity. The chance of that may be 1 in a million, but he...

FrankLUSMC

lostdog wrote: ↑Thu Nov 26, 2020 10:51 am

+1

FrankLUSMC

I would keep it simple and convert the $77k at broker 1 to Roth leaving it at broker 1, then convert remaining necessary amount at broker 2 into the Roth at broker 2. Then at a later date move the Roth from broker 1 to broker 2 if desired. Pro rata only comes into play if you had funds that were not...

FrankLUSMC

Bogle7 wrote: ↑Thu Nov 19, 2020 10:13 pm We are only doing Roth conversions because we have a daughter and 2 grandkids.
We are only doing Roth conversions because of the 10-year rule.

This, plus the single earner tax bracket at the death of one partner is anther reason we are doing Roth conversions.

FrankLUSMC

The wife and I have completed one year under CHM (Christian Healthshare Ministries). It has kept us informed via monthly newsletters. Our monthly cost is 340 total and a quarterly add on called "Brothers Keeper" which is variable but usually around 100. It will pay per claim anything above...

FrankLUSMC

Leesbro63 wrote: ↑Thu Nov 12, 2020 8:59 am I'm thinking about lightening up on VNQ (REIT). When does it go ex-dividend?

VNQ paid dividends on 9/30 and typically the last weeks of December. I don't think it has an "ex-dividend" it just pays them on a date.

Last year was on 12/23.

FrankLUSMC

I haven't seen it posted yet, so I will make my recommendation. I have been playing off and on for over 50 years. I played my very best in my whole life after I attended a 5 day golf camp. Your instructors will get to know your game and what you need to improve. They will also take you out for 3-4 ...

FrankLUSMC

I haven't seen it posted yet, so I will make my recommendation. I have been playing off and on for over 50 years. I played my very best in my whole life after I attended a 5 day golf camp. Your instructors will get to know your game and what you need to improve. They will also take you out for 3-4 h...

FrankLUSMC

The gains tax for gold coins is 28%, do not pass GO there. Not the same as LTCG taxes on stock funds.

I would tend to keep them and leave to heirs where they can cash them immediately for no gain with stepped up basis and thus no taxes.

FrankLUSMC

OK, here it is, the cause of my particular problem after several reboots and downloads..........

A 1GB USB drive that I use for scanning files was inserted and caused my PC to "look" different than TurboTax19 wanted for Activation.

FrankLUSMC

HueyLD wrote: ↑Sat Sep 12, 2020 9:26 am Did you run Windows September 2020 update?

Yes, a few days ago and that may be my problem too.

FrankLUSMC

All, I am hoping to save you some headaches. I had last opened my Turbotax on 8/12 with no problems. Today I was going to do some what-iffing and opened TT19 which I have set to auto update, after the update I am in an "activation" loop. Uninstalled it from Windows, re-downloaded my file a...

FrankLUSMC

15 years is really old technology for the times. The new variable speed heat pumps and air handlers are like magic coupled with smart thermostats.
I have Lennox, but any high end (not Goodman stuff) is going to make a huge difference in your comfort and energy usage.

FrankLUSMC

Only if the policy is not MEC you can take basis first. In MECed policies all distributions are pro-rate I don't think OP policy is MEC at his values. MEC are usually high values at short durations, My VUL is over 20 years old, and should I desire, but won't, I could add quite a bit now and still n...

FrankLUSMC

My wife and I signed up for an Ameriprise VUL about 20 years ago. We don't need the life insurance any more and don't want to keep paying the premiums. Our advisor gave us some options but they all involved a large front-load cost and I'd like to get away from Ameriprise. Right now our cost basis i...

FrankLUSMC

How much of your essential expenses are covered by Social Security? SS is $1500 at age 62, barely covers Medical insurance. So if you want to take on slightly more risk, you can do what wife and I are doing for 3 years and using CHM ( Christian Health Ministries) for our bridge to Medicare. For the...

FrankLUSMC

I had concrete poured in my sloped yard in order to extend the back patio. Due to the slope, I now have a drop-off of 18 inches at the back of the patio. It's clearly not safe as-is. Any suggestions for ways to landscape or otherwise what to do to prevent people from a "hard step" down of...

FrankLUSMC

If you have a large area with hard floors and walls, then you need to manage the sound with some sound diffusers or baffles on the wall to eliminate distortion and echoing. Soft furniture helps too. Hanging nice looking rugs on the wall as art is a good idea.

FrankLUSMC

Based on my father in law's Jan 2020 Social Security Statement, it says: full retirement age - $1,228 70 years - $1,580 62 years - $826 So based on this, my understanding is that my mother in law would be getting 71.5% of the $1,228 if she were to start receiving benefits now at age 60. However, if...

FrankLUSMC

How is an electric bike a piece of exercise equipment? h82goslw, A) Instead of driving to the library, grocery store, and so on, it is faster and easier to get there with an electric bike. B) For older folks, it extends the range of biking. KlangFool I've ridden centuries (100 mile rides) with 80+ ...

FrankLUSMC

carmonkie wrote: ↑Thu Jun 11, 2020 1:06 pm Tomorrow my company buys 401(k) shares so should get some discounted shares..

Maybe not as much discount as you thought.

FrankLUSMC

TheTimeLord wrote: ↑Thu Jun 11, 2020 12:26 pm One day sell-offs are fun, long grinds downward are not. So my thoughts on today's sell-off are weeeee.

+1 Love me some whipsaw/whiplash like a roller coaster. Keeps me from making dumb moves.

FrankLUSMC

TT has a "what if" worksheet. That is what I am using this year, first year of Roth conversions for wife and I.

Go to View tab, select Forms, View all, search for What if worksheet.

FrankLUSMC

We bought a GE Profile French door unit in 2014. I would NOT buy it again. It is very noisy when running.
I notice very few store will have any models running for energy concerns, so you may have to search reviews. I think my next replacement will be a higher end unit with great low noise reviews.

FrankLUSMC

i've been dca-ing for 25 years almost all of my money was invested using dca, no way I ever had that much to lump-sum i also value-averaged numerous times during corrections and crashes for even more shares, yes, i timed my larger purchases since my portfolio is larger than it's ever been, even aft...

FrankLUSMC

I got lucky when I converted 400 shares VTI to Roth on March 23rd!!

FrankLUSMC

I've had several pair of these, my last pair has lasted 3 years.
A Female Veteran owned company.

EpochEyeWear.com

Inexpensive and cover the whole range.

FrankLUSMC

OP here. Thank you all for your suggestions and ideas. If I was tech or work-around-the-home savvy, I could do more myself. As it is, I'm just competent enough to know how to unplug modems and routers as a reset process. I looked again at the setup for where the cable modem is, and see that the coa...

FrankLUSMC

A deck company that built my deck uses only 12" joist spacing. I asked and the answer was that 16" gets a little bouncy with composites especially as they age. So if converting to composite from wood you may need to add extra joists.

FrankLUSMC

stormcrow wrote: ↑Thu Apr 30, 2020 7:54 am
itmaybejj wrote: ↑Thu Apr 30, 2020 6:24 am ...
Wile E. Coyote, if the second wave is worst than the first
...
What does this mean?

You never saw Wile E. Coyote fall off a cliff? If there is a second wave/rebound of the virus. That's the way I think the poster meant it.

FrankLUSMC

I updated to the newest (at the time) ORBI in December. The router and 2 satellites work great for my 4500 sq. ft. 3 story home. I have the router in basement and then one satellite on each of the upper floors. I have 1 TV streaming on floor 3, 2 TV streaming on floor 2 and 1 TV streaming in basemen...

FrankLUSMC

[
If you do not either "Lump Sum Now" or "Lump Sum Soon" (sounds like Chinese food "Lum Sum Soon")

you will miss market gains going forward.

[/quote]

I would like an order of Lump Sum Now, does that come with free egg roll!

FrankLUSMC

If you are market timing then these 2 statements are often used.
"Sell in May and go away."
"Come back in late October."
And since this is an election year you may want to wait until mid November.

FrankLUSMC

I haven't seen this mentioned yet, and they have LEA used firearms as well as collectible stuff.
Classicfirearms.com

Just checked they have Glock 23 Gen 4, .40 cal for $350, law enforcement turn in.

FrankLUSMC

Got it yesterday 4/14

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