Bogleheads.org

raixx017

If this is too unsettling for you, have you considered getting an appraisal done? (admittedly, a costly affair)

raixx017

I don't think FIREchief is proposing a 100% stock retirement portfolio at all. I think he's saying that if you are going to let the HSA grow from age 30 till retirement, and you're not going to use it to meet medical expenses, you should place either a tax-inefficient holding (RIET, for example) or...

raixx017

If I were 30 years old and utilizing an HSA for a long term investment tool (a great approach btw), I would be 100% equities. I've often read similar statements vis-a-vis bond funds (or lack thereof) and HSA. However, when I see the chart here https://www.bogleheads.org/wiki/Tax-efficient_fund_plac...

raixx017

If you have already done that, then I suggest exploring in-plan Roth conversions than In service Roth distributions. Can some explain the difference (with pros and cons) between " in-plan Roth conversion " vs Mega backdoor roth ( => after tax 401k-->roth IRA (contribution)+tIRA(earning)...tIRA(earn...

raixx017

I've no financial wisdom to give. Just wanted to send best wishes to your kids. *hugs* Also, you mentioned " ... I'm concerned that I won't find a position. " . Probably, try polish you resume, learn new relevant skills via online course. How about some freelancing? ( I know it can't substitute for ...

raixx017

Thank you all ! That was greatly helpful.

raixx017

Thanks @livesoft! I looked around more, that this is what I found in one of the help sections If you received a consolidated Form 1099-B from your broker that lists more than one sale during the year add a separate Form 1099-B in TaxAct for each sale. So, I guess I will have to enter each transactio...

raixx017

Hello, I'm using TaxAct online, for the first time to fill this year's taxes. While adding 1099-B information for my VG transactions, I thought of adding the "consolidated" version (i.e. one entry reflecting the _combined total_ of each individual ones). Thus, on date sold and acquired I wrote "vari...

raixx017

OP, I'm a novice, so this is all based on the information I have collected from here, and numerous calls to 401k admin customer care. 1) Someone suggested to keep after-tax money in stable funds. Just fyi, many 401k plans don't allow selective "source-wise" tracking of investments. That is, money fr...

raixx017

Just to wrap this up, I finally saw the first after-tax contribution coming through. I then proceeded to the roll it over to my VG roth IRA. Towards the end, my 401k admin site stated that there will be a "distribution fee" of $25 charged with this rollover. I was planning to do this every month. I ...

raixx017

Thank you retiredjg and Spirit Rider for that excellent explanation and providing clarity. I just got off the phone with my plan's admin's representative. She confirmed that the after-tax portion is indeed tracked separately :) . The only thing is, as far as investing goes, the entire 401k money ( p...

raixx017

Thanks LadyGeek for creating a separate thread for me, and also posting the reply. ======== First, you need to define what you mean by "after tax". There are two different ways that 401k plans can hold money that has already been taxed. It can be in Roth 401k or it can be in a separate after-tax acc...

raixx017

[Split into a new thread from: 401k + aftertax 401k -> roth methodology --admin LadyGeek] tmcc, If you rollover the after tax contribution then you have to rollover the earnings on this after tax amount as well. This earning can be rolled over into tIRA and the contributions to Roth IRA. If you rol...

raixx017

Not sure if this answers your question, but for record keeping, I take a picture of the bill and the receipt right away and send it to my cloud storage (as pdf version). The receipts are stored in a per_calendar_year folder.

raixx017

1) continue maxing pretax 19k 2) reduce taxable brokerage savings and begin the aftertax 401k targeting 37k for CY2019 ($56k total for pre/post contributions) 3) in 2020, convert all after tax contributions to a roth ira 4) rinse & repeat ...are there any other tactical risks that I am not consider...

raixx017

great idea ! Will certainly do.

raixx017

As promised, here's the result of my TLH done in my VG taxable account. 1. Details: What are you selling at a loss? -- > VTSAX and VTIAX In which accounts? ---> My taxable account. Neither my spouse nor any of the IRAs have these holdings. When did you last purchase shares in what you are selling? -...

raixx017

And you have to do us a favor. After you make these exchanges, please come back next week and tell us what is shown in your accounts about wash sales (if there is even anything shown about wash sales or not). Most definitely ! I finally planned on doing both - (a) sell all shares in one go b) sell ...

raixx017

Thanks ! That helps clarify this.

Happy new year !!!

raixx017

Thank you - rkhusky and livesoft (as always!) Can you explain how a sale that has both gain and loss mixed will be handled here? Pub 550 states Loss and gain on same day. Loss from a wash sale of one block of stock or securities cannot be used to reduce any gains on identical blocks sold the same da...

raixx017

What are you selling at a loss? In which accounts? When did you last purchase shares in what you are selling? In which accounts did you make those purchases in? https://www.bogleheads.org/forum/viewtopic.php?p=4289994#p4289994 and my other replies should have answer to some of these. But I'll try t...

raixx017

Thanks, @kaneohe for the reply and re-upping this. Appreciate it ! I'm about to TLH, and I'm upping this to confirm if the my understanding of my loss-profit mix case is correct. Thanks in advance ! I'm not sure I saw your understanding of your loss-profit mix case, so I cannot comment. My understan...

raixx017

I'm about to TLH, and I'm upping this to confirm if the my understanding of my loss-profit mix case is correct.
Thanks in advance !

raixx017

@kaneohe Thanks for the reply and explaining these two points. My (and my spouse's) IRA does not have the same MF that I want to TLH in my taxable account, so I think I should be good. Also, I just checked my VG account and the SpecID details are now visible :) . Thanks, again ! Further, after readi...

raixx017

3. Wash sales are NOT illegal. Wash sales happen all the time. IRS Publication 550 and other places describe how to treat wash sales on on one's tax returns. One can have partial wash sales. IRS Publication 550 and other places show how partial wash sales work. I had a long thread not for the faint...

raixx017

Hello All, I'm trying to dabble into tax loss harvesting (TLH) for the first time and have a few questions related to it. I have gone through some of the latest posts on this topic, and also read a few personal finance blogs on this. I wanted to make sure my understanding is correct on the following...

raixx017

How often does VMMXX pay interest / dividend (i.e it gets deposited to the account) ? Is that a fixed scheduled ? Where can I find this information ?

Thanks !

raixx017

ThisJustIn, mega317

Thanks for posting detailed instructions. Yes, I can now see the "buy" option. Also, I found this written when I selected to buy 3 months Bills ... "Notes:
Yields include commission."

Thanks, again !

raixx017

Hello, Bumping this up, as I was also interested in knowing how to buy T-bills through Vangaurd. I want to buy "new issues". I selected "Market" type as Auction and this what came up. As you can see, there's no place to select "buy". How does one go about buying (or placing an order for the next auc...

raixx017

Thanks to all for reading and replying to this thread ! I've learnt a few new things today. And yes, I was more concerned with having confidence (or lack thereof) in the choices I make, rather than explaining it to someone. Your responses and link to resources have helped me with that. A few quick p...

raixx017

Thanks for responding ! There are some funds that seem to have better performance than the typical Boglehead Index fund, BUT once you calculate the added fees COMPOUNDED, the performance is below the Index funds. I looked at 5 year, 10 year and Since inception. Did I miss something? So, let's take t...

raixx017

Thanks for your replies ! My follow-on comments: And why would you need to rationalize your choices to this person? Mostly to be confident in my choice, backed by sound reasoning ( which at the time of discussion with my colleague, I was unable to provide) Were there other index funds available that...

raixx017

Hello to all, I've been following this forum for a few months now, and have learnt a lot. Alas, with some knowledge comes plenty of doubts ! I was discussing the geenral Boggleheads philosophy and specifically the 3-fund portfolio with my colleague. I shared with him how that this has informed my se...

raixx017

a) If the bond yield is rising, then why all VG bond mutual funds show -ve YTD ? Is it because the price of the bonds, within these funds is falling ? How this works ? b) How to read SEC yield ? If the rates are up, bonds should give better returns, right ? Is that reflective in SEC or YTD number ?...

raixx017

Hello,

Yes there are. A few like Live Oak have this categorically stated that only US citizens can open CD account with them.
Others, like FIB, Ally have no such restriction.

Hope this helps.

Good luck !

raixx017

OP,

You can call them. They will do it for you. I know, this is not an answer to your question. Just suggesting another way.
Good luck !

raixx017

(Stupid question?) If I’ve mutual funds of total stock market (like VTSAX), does it also mean I have Berkshire H shares? Asking mostly, if I can use this logic to get some Geico discount

raixx017

Hey OP! I'm a newbie and wanted to limit the context of my reply just to the ESPP's taxation aspect. I've always get confused about this, and have found the following explainers as useful reminders: https://turbotax.intuit.com/tax-tips/investments-and-taxes/employee-stock-purchase-plans/L8NgMFpFX ht...

raixx017

(Apologies to the OP, if this digresses the issue being discussed...) In the similar vain of what's been discussed here: http://i63.tinypic.com/9kyrv6.png a) If the bond yield is rising, then why all VG bond mutual funds show -ve YTD ? Is it because the price of the bonds, within these funds is fall...

raixx017

Sorry for the late reply. Thank you all !!! Very helpful, as always ! I called VG today. He agreed the two - YTM and YTW should be same for T-bills. It was a weird conversation, where both of us were looking at the same CUSIP number, and while his YTM and YTW were same, it was showing different on m...

raixx017

Hello Friends, First of all thanks again for being so helpful ! I was trying to buy T-bills. I looked for the information online. It appears there are 2 ways to buy it - treasurey direct or secondary market (brokerage account). I couldn't fully grasp the process via TD (bidding, etc.), so thought of...

raixx017

Thanks everyone for sharing your views. HueyLD wrote: You should leave it blank. @HueyLD : Ally's equivalent W-9 is different. There's no provision to leave anything blank or redact. I have to declare that I'm exempt from FACTA. @dknightd Yes, I do have SSN. I can see what the general direction mood...

raixx017

I'm a foreign national ( i.e. non- US citizen ). I'm a US resident alien (for tax purposes ). I was trying to open online checking account with Ally. Everything went fine, till I reach step -4 of "Request for Taxpayer Identification Number and Certification". They want me to certify that : 1. The nu...

raixx017

Thank you all for your replies. @lahob wrote : 2.58% is the annualized percentage, so no. You'll get 1.29% over that six months. and then 1.16% That's very useful. May I know how did you arrive at these numbers ? (for educational purpose) OP wrote : Assuming rates remain the same.... Savings Bond Ca...

raixx017

Hello Friends, I have three rudimentary questions, that I'm struggling with. 1) https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm mentions that the I-bonds are currently giving a rate of return of 2.58%. It is also written that The interest is compounded semi...

raixx017

@grabiner, @sport ... that was educational. Thanks for your replies !

raixx017

Hello Friends, A basic question on investing. Consider someone has decided on her AA - 90% Share are 10% fixed income (bonds/CDs/etc). Further, consider she has a mortgage of around, say 3.8 % APR. Assuming yield from bonds/CDs is around 2-2.5%, I wanted to know, which of the following two choices i...

raixx017

Not sure, if it applies to everyone or how big a factor is in determining credit score, but this is what I have seen. I've always paid monthly statement amount in full, before the due date, but also always in lump-sum , at the end of the month. I tired a different approach recently, where I pay almo...

raixx017

Thank you all !! _/\_
You guys are awesome !!!

raixx017

Hello Friends, My wife and I contributed to non-deductible traditional IRA ( $5500 each ) for 2017 tax year and later converted it to Roth IRA. This amount ( of non-deductible contribution ) was mentioned in 8606 form. The tax return was filed and refund received. It was only yesterday, that I reali...

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