Search found 22 matches

by TBL_IA
Wed Feb 05, 2020 3:40 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 200
Views: 20945

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Just checked and have the option to purchase fractional shares using iOS (iPad).
by TBL_IA
Mon Jan 13, 2020 9:36 am
Forum: Personal Investments
Topic: HSA Catch-up contribution - Timing question
Replies: 11
Views: 292

Re: HSA Catch-up contribution - Timing question

https://thefinancebuff.com/hsa-contribution-limits.html From reading this it appears only you are able to make the catch-up contribution since it is in your name. Your wife would need to have her own HSA for the catch-up contribution. Which he noted in his original post. Just reread his post. Disre...
by TBL_IA
Mon Jan 13, 2020 9:34 am
Forum: Personal Investments
Topic: HSA Catch-up contribution - Timing question
Replies: 11
Views: 292

Re: HSA Catch-up contribution - Timing question

https://thefinancebuff.com/hsa-contribution-limits.html

From reading this it appears only you are able to make the catch-up contribution since it is in your name. Your wife would need to have her own HSA for the catch-up contribution.
by TBL_IA
Sun Jan 12, 2020 12:26 pm
Forum: Personal Investments
Topic: Where do you keep your Emergency Funds? How is it invested?
Replies: 139
Views: 12025

Re: Where do you keep your Emergency Funds? How is it invested?

excellent, looks like I can roll it over into a backdoor! That is what I will do. from that link - "Yes, you can contribute to a traditional and/or Roth IRA even if you participate in an employer-sponsored retirement plan (including a SEP or SIMPLE IRA plan)." Kimura King - I’m not 100% s...
by TBL_IA
Sun Jan 12, 2020 11:47 am
Forum: Personal Investments
Topic: Where do you keep your Emergency Funds? How is it invested?
Replies: 139
Views: 12025

Re: Where do you keep your Emergency Funds? How is it invested?

thanks for the replies, my bad, I forgot to mention that my new employer has a simple IRA. Since I already have a simple IRA I cannot open up a roth. My wife only has a 401k and I was going to open a backdoor roth for her within the next month or so. On the phone transamerica said I could leave it ...
by TBL_IA
Sun Jan 12, 2020 10:25 am
Forum: Personal Investments
Topic: Where do you keep your Emergency Funds? How is it invested?
Replies: 139
Views: 12025

Re: Where do you keep your Emergency Funds? How is it invested?

I have a question. I have an old Roth 401k from an old job I left last summer. When I left the job Transamerica moved changed it to 100% bonds and is charging me like a $12 montly maintenance fee on this old Roth 401k with like $4800 in it. I mailed transamerica the paperwork to re-allocate it but ...
by TBL_IA
Thu Jan 02, 2020 11:05 am
Forum: Personal Consumer Issues
Topic: How can I create a separate new Google Sheets spreadsheet from an existing one?
Replies: 10
Views: 522

Re: How can I create a separate new Google Sheets spreadsheet from an existing one?

Are you creating a new spreadsheet or a new tab within spreadsheet.?

I just duplicated same sheet in a new tab....
by TBL_IA
Mon Dec 30, 2019 12:06 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1866
Views: 238065

Re: Post your Financial Milestone Announcements Here

CyclingDuo wrote: Mon Dec 30, 2019 12:01 pm Sort of tied in within a major financial milestone for us since we are a dual income household and have fortunately avoided the financial devastation a divorce can cause...

Married 30 years today! 30 years on the 30th!!!

:sharebeer
Big milestone. Congratulations!
by TBL_IA
Mon Dec 30, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: HSA for high-use big family?
Replies: 17
Views: 1207

Re: HSA for high-use big family?

Does an HSA, which requires a high-deductible health plan, make sense for a big family with small kids? We probably access medical care 20+ times per year between annual checkups, tests for strep and ear infections, prescriptions, and the occasional emergency room visit or hospital procedure. Or is...
by TBL_IA
Wed Dec 25, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2065
Views: 497068

Re: Share your net worth progression

lostdog wrote: Wed Dec 25, 2019 4:09 pm
TBL_IA wrote: Wed Dec 25, 2019 11:29 am Age 32
Single

Jan 2019: 44K
Dec 2019: 75K
Grats!
Thanks. Started tracking expenses/income back in January and plan to continue doing it. Saved just over 30k this year and first time maxing 457B, rIRA, and HSA. Plan on saving a little more next year with a raise coming up soon.
by TBL_IA
Wed Dec 25, 2019 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2065
Views: 497068

Re: Share your net worth progression

Age 32
Single

Jan 2019: 44K
Dec 2019: 75K
by TBL_IA
Thu Oct 31, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Budget tracking with CC "float"
Replies: 19
Views: 1125

Re: 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 ...
by TBL_IA
Thu Oct 24, 2019 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance worth it?
Replies: 11
Views: 750

Re: Refinance worth it?

Have you considered making a $2100 principal payment? Immediately reduce the amount owed, reduce your long term interest paid, and it is by far the easiest choice. A refi resets your 30 year clock. A principal payment would keep your term at 27 years, and actually reduce the payment schedule so it'...
by TBL_IA
Thu Oct 24, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance worth it?
Replies: 11
Views: 750

Re: Refinance worth it?

Not too familiar with refi's but the person who would do my refi mentioned "absorbing the fees in the loan" so nothing out of pocket. This is the same as you mentioned above as rolling expenses into the rate? Not the same thing. "absorbing the fees" generally means they will cha...
by TBL_IA
Thu Oct 24, 2019 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Refinance worth it?
Replies: 11
Views: 750

Re: Refinance worth it?

Supurdueper wrote: Thu Oct 24, 2019 11:44 am Seems like a no brainer to refi. You’re dropping 1% on a $100k loan. That’s saving at least $1k a year in interest. Even with the fees it’s less than a 2 year pay off, and you’ll be there 18 years.
Thanks for the response.

Will get the application and the ball rolling.
by TBL_IA
Thu Oct 24, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Refinance worth it?
Replies: 11
Views: 750

Re: Refinance worth it?

Instead of paying $2100 to close, I prefer so-called no-cost refis, which essentially roll the expenses into the rate. That way, if rates decline next year, you can refi again. That being said, you'd have to forgo your VA benefit and refi at 80% conventional loan. If your home market is $140k, you'...
by TBL_IA
Thu Oct 24, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Refinance worth it?
Replies: 11
Views: 750

Refinance worth it?

Current Mortgage Information: Rate - 4.375% Balance - $115,995 Current Principal & Interest - $616.12 27 years left on mortage - 3 years in. New Mortgage: Rate - 3.25% 30 years Home value - ~140k No PMI due to VA Loan. It would cost approximately $2100 for a refinance. I checked on Mtg Professor...
by TBL_IA
Fri May 17, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: Questions to ask 457b representative
Replies: 9
Views: 678

Re: Questions to ask 457b representative

Retire2022,

That sounds a little complicated...but if I’m understanding it correctly. They charge a percentage of your assets. So the more you have, the higher the fee?

I expected a percentage based fee or a fixed fee, and was pleasantly surprised when I was told there wasn’t any. :D
by TBL_IA
Fri May 17, 2019 6:00 pm
Forum: Investing - Theory, News & General
Topic: Questions to ask 457b representative
Replies: 9
Views: 678

Re: Questions to ask 457b representative

Voya generally have high fees, not worth in my opinion tell them to go with Vanguard product, my 457b Deferred Compensation Board are secretive and dumb. The plan they offer does offer Voya funds with higher fees. The Vanguard TSM is the only Vanguard fund offered. Does your plan have an administra...
by TBL_IA
Fri May 17, 2019 5:53 pm
Forum: Investing - Theory, News & General
Topic: Questions to ask 457b representative
Replies: 9
Views: 678

Re: Questions to ask 457b representative

how much does the self-directed brokerage cost? what are the administration fees (separate from the expense ratios)? When I started in mine it was $12 a year ($1 a month deducted) in addition to the expense ratios, which fortunately are cheap in my plan. But a few years later they bumped the admini...
by TBL_IA
Sat May 11, 2019 8:25 pm
Forum: Investing - Theory, News & General
Topic: Questions to ask 457b representative
Replies: 9
Views: 678

Questions to ask 457b representative

All - My employer (city police department) is switching 457b plans. They are currently with ICMA-RC and are switching to Voya. Voya has provided a list of better investment options to choose from including a traditional 457b plan along with a Roth option. Next week, there is going to be a representa...
by TBL_IA
Sat Nov 17, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1093
Views: 126504

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

I intend to enroll in a HDHP/HSA plan next open enrollment period. My employer contributes $100 if we select the HDHP + HSA. My employer uses HSA Bank with the option of TDA. Can I link my HSA Bank account to which my employer contributes to and just transfer the money from there to a Fidelity HSA. ...