Search found 386 matches

by elainet7
Sun Jan 26, 2020 4:33 pm
Forum: Personal Investments
Topic: Leaving TIRAs to kids vs.spouse and vs. Roth conversions
Replies: 24
Views: 1233

Re: Leaving TIRAs to kids vs.spouse and vs. Roth conversions

with these low tax rates you gotta be crazy not to do massive roth conversions especially if married filing jointly and living in an income tax free state like florida with the secure act you gotta plan who gets the roth and who gets the traditional most experts feel rates will go up in 2026 we can ...
by elainet7
Sun Jan 26, 2020 12:13 pm
Forum: Personal Investments
Topic: Leaving TIRAs to kids vs.spouse and vs. Roth conversions
Replies: 24
Views: 1233

Re: Leaving TIRAs to kids vs.spouse and vs. Roth conversions

For Large Iras the secure act is a massive tax bomb for kids Best to spread the inherited Ira among the most beneficiaries where possible lots of work for lawyers, cpas and insurance companies might prosper selling annuities and more life insurance Roth conversions mandatory with these low tax rates...
by elainet7
Sun Jan 26, 2020 12:07 pm
Forum: Personal Investments
Topic: Leaving TIRAs to kids vs.spouse and vs. Roth conversions
Replies: 24
Views: 1233

Re: Leaving TIRAs to kids vs.spouse and vs. Roth conversions

why should anyone worry about gifting more than 15k/yr The exemption is 11M per spouse
by elainet7
Wed Jan 22, 2020 9:13 pm
Forum: Personal Investments
Topic: Agency Bonds
Replies: 7
Views: 444

Re: Agency Bonds

callable
by elainet7
Wed Jan 22, 2020 4:24 pm
Forum: Personal Investments
Topic: Agency Bonds
Replies: 7
Views: 444

Re: Agency Bonds

check vanguard for agency bonds and secondary cds
by elainet7
Wed Jan 22, 2020 1:58 pm
Forum: Personal Investments
Topic: Agency Bonds
Replies: 7
Views: 444

Re: Agency Bonds

not really think the opposite
by elainet7
Wed Jan 22, 2020 1:38 pm
Forum: Personal Investments
Topic: Suggestions for Roth investments
Replies: 19
Views: 1676

Re: Suggestions for Roth investments

include reits and small cap and some int'l
by elainet7
Wed Jan 22, 2020 1:36 pm
Forum: Personal Investments
Topic: Roth conversions to reduce future RMD's
Replies: 31
Views: 3020

Re: Roth conversions to reduce future RMD's

we are in florida and James Lange suggested to convert to the top of the 24% bracket which I am doing
[OT comment removed -- moderator oldcomputerguy]
by elainet7
Wed Jan 22, 2020 12:02 pm
Forum: Personal Investments
Topic: Agency Bonds
Replies: 7
Views: 444

Agency Bonds

Anyone have any input
by elainet7
Fri Jan 17, 2020 2:46 pm
Forum: Personal Investments
Topic: What do we do now?
Replies: 16
Views: 1550

Re: What do we do now?

roth conversions
by elainet7
Mon Jan 13, 2020 10:31 am
Forum: Personal Investments
Topic: recently high income, couple of qs
Replies: 13
Views: 2026

Re: recently high income, couple of qs

use a 60/40 balanced portfolio like vanguard balanced index fund
dollar cost average in over 18-24 months
do you want to go all in at all time highs
buy your primary residence
by elainet7
Wed Jan 08, 2020 5:26 pm
Forum: Investing - Theory, News & General
Topic: Equity/Bond ratio in retirement
Replies: 20
Views: 2018

Re: Equity/Bond ratio in retirement

Age in Bonds-John Bogle who better to listen to
can you afford a 50% equity loss and maintain lifestyle
how long would be the next recovery? 3-5-10yrs Who knows?
by elainet7
Mon Jan 06, 2020 3:21 pm
Forum: Personal Investments
Topic: Taxable Muni Bonds [edited to remove all-caps]
Replies: 12
Views: 1192

Taxable Muni Bonds [edited to remove all-caps]

Anyone invest in them BBN is the largest, a closed end fund yielding 5.4%
by elainet7
Mon Jan 06, 2020 1:00 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

everyone owes some gratitude for john bogle and vanguard is my choice forever
we own the company;no shareholders
by elainet7
Sun Jan 05, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86522

Re: Best CD rates thread

thanx do own some ginnie maes
income investing is tough
we have some HY, PFFD(etf) and some long corporates to boost yield with more RISKJ obviously but confident with Vanguard
by elainet7
Sun Jan 05, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86522

Re: Best CD rates thread

anyone buying agency bonds rather than cds
by elainet7
Sat Jan 04, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86522

Re: Best CD rates thread

silly to me to chase rates all over the place rather than keeping all your assets with vanguard
by elainet7
Sat Jan 04, 2020 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86522

Re: Best CD rates thread

we desire to keep all investments under the vanguard umbrella
will take a look at agency bonds like federal home loan
any thopughts on these bonds
by elainet7
Sat Jan 04, 2020 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86522

Re: Best CD rates thread

with all brokerage cds callable and non callable selling at 110, where is everyone putting their cds that are getting called guess bond terms of different terms, short-imm-long might be the best alternative for now own PFFD preferred stock index fund but do not want to have more than 5-6% of portfol...
by elainet7
Wed Jan 01, 2020 5:58 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13653

Re: Sister wants advice since I disagreed with her financial advisers.

call rick ferri a well known author and advisor to give you a plan and then you can set up the investments with vanguard with income at that level you gotta learn how to invest on your own or it will cost you dearly by making mistakes do not use advisors who charge an aum fee; use an hourly advisor ...
by elainet7
Wed Jan 01, 2020 5:49 pm
Forum: Personal Investments
Topic: Roth IRA - so who hit 'enter' at 12:01AM this morning?
Replies: 113
Views: 10849

Re: Roth IRA - so who hit 'enter' at 12:01AM this morning?

making contributions early in the year just sweetens compounded profits to a greater extent-wise move always
by elainet7
Wed Jan 01, 2020 5:47 pm
Forum: Personal Investments
Topic: Secure act - should I shift to taxable
Replies: 69
Views: 7966

Re: Secure act - should I shift to taxable

everyone ira owner knows deferred taxes are due but to change the rules so dramatically will hurt many that inherit to the tune of hundreds of thousands in large iras
by elainet7
Wed Jan 01, 2020 4:04 pm
Forum: Personal Investments
Topic: Secure act - should I shift to taxable
Replies: 69
Views: 7966

Re: Secure act - should I shift to taxable

best strategy is to live till 100-heirs will all be retired
by elainet7
Wed Jan 01, 2020 4:03 pm
Forum: Personal Investments
Topic: Secure act - should I shift to taxable
Replies: 69
Views: 7966

Re: Secure act - should I shift to taxable

its one big money grab by changing the rules in the middle of the game
most will take the inherited ira in increments
one would be sick writing a huge tax payment to uncle sam end of year 10
by elainet7
Wed Jan 01, 2020 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Big IRA accounts
Replies: 100
Views: 17290

Re: Big IRA accounts

we will do more roth conversions and take excess distribution with these low rates till end of 2025
the low rates are the savings grace
by elainet7
Wed Jan 01, 2020 2:54 pm
Forum: Personal Investments
Topic: Secure act - should I shift to taxable
Replies: 69
Views: 7966

Re: Secure act - should I shift to taxable

the issue is not paying taxes on the inherited IRA, its the change in distribution rules for those inheriting it
Prior to this law, the proceeds could be distributed in a tax efficient manner
Imagine when the hi earner inherits a large IRA and pays 50% tax or more on every dollar
by elainet7
Wed Jan 01, 2020 9:25 am
Forum: Personal Investments
Topic: Secure act - should I shift to taxable
Replies: 69
Views: 7966

Re: Secure act - should I shift to taxable

our large ira is too big that doing 50-75k roth conversions long term might not do much
will take addl distributions and invest in taxable till end of 2025 when tax cuts expire
by elainet7
Mon Dec 30, 2019 12:09 pm
Forum: Personal Investments
Topic: Secure act - should I shift to taxable
Replies: 69
Views: 7966

Re: Secure act - should I shift to taxable

live till 100 so beneficiaries will be retired this is one big massive tax accelerator for those of Us with large Iras from working hard and saving diligently the money would get taxed entirely but in a tax efficient manner for the beneficiaries imagine a beneficiary in a hi income bracket in a hi t...
by elainet7
Sun Dec 29, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 23302

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

this act creates a lot of messes for those who have trusts as well, but creates more work for lawyers and cpas
by elainet7
Sat Dec 28, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 23302

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

Iras are not shared
You can split up your IRA into separate accounts with different beneficiaries
by elainet7
Sat Dec 28, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 23302

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

Annuities will be sold in some 401k plans, quite ridiculous in my mind
Why would anyone do that
by elainet7
Sat Dec 28, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 23302

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

As stated by another if both spouses have iras the first to die can leave their Ira to the kids and when the second passes the same
Thus elongating the stretch
by elainet7
Sat Dec 28, 2019 8:51 am
Forum: Investing - Theory, News & General
Topic: RMD and Roth Conversion PRO-RATA and IRMAA?
Replies: 23
Views: 1334

Re: RMD and Roth Conversion PRO-RATA and IRMAA?

medicare part b based on MAGI, AGI plus tax free income
by elainet7
Fri Dec 27, 2019 2:33 pm
Forum: Investing - Theory, News & General
Topic: Question about SECURE and no more stretch IRAs
Replies: 50
Views: 3763

Re: Question about SECURE and no more stretch IRAs

luckily in florida through 2025 we will pay 18% effective tax rate on 300k income
most professionals have the majority of their wealth in their IRA so for many its an issue and we are not happy about it
by elainet7
Fri Dec 27, 2019 2:28 pm
Forum: Investing - Theory, News & General
Topic: Question about SECURE and no more stretch IRAs
Replies: 50
Views: 3763

Re: Question about SECURE and no more stretch IRAs

great ideal splitting up the inheritance on first death
by elainet7
Fri Dec 27, 2019 2:25 pm
Forum: Investing - Theory, News & General
Topic: Question about SECURE and no more stretch IRAs
Replies: 50
Views: 3763

Re: Question about SECURE and no more stretch IRAs

life insurance premiums at age 70 are in the 40k range
by elainet7
Fri Dec 27, 2019 2:20 pm
Forum: Investing - Theory, News & General
Topic: Question about SECURE and no more stretch IRAs
Replies: 50
Views: 3763

Re: Question about SECURE and no more stretch IRAs

gifting my kids annually as well
by elainet7
Fri Dec 27, 2019 8:01 am
Forum: Investing - Theory, News & General
Topic: Question about SECURE and no more stretch IRAs
Replies: 50
Views: 3763

Re: Question about SECURE and no more stretch IRAs

[OT comment removed by admin LadyGeek]

no matter how much we convert our kids will each receive a 7 figure inherited IRA(should have had more kids)
by elainet7
Thu Dec 12, 2019 7:46 pm
Forum: Personal Investments
Topic: Tax Gain Harvesting
Replies: 4
Views: 522

Re: Tax Gain Harvesting

36 yr old married in California
any negatives other than capital gains tax from california
by elainet7
Thu Dec 12, 2019 3:34 pm
Forum: Personal Investments
Topic: Tax Gain Harvesting
Replies: 4
Views: 522

Tax Gain Harvesting

My son is in the 12% tax bracket and his brokerage acct has LTCG of 13K
My advice is to sell and pay no federal tax but a state ltcg of about $500
Is this the right move? We think so What say you
by elainet7
Wed Dec 11, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: Do you strictly manage your portfolio percentages of stocks and bonds?
Replies: 64
Views: 4841

Re: Do you strictly manage your portfolio percentages of stocks and bonds?

in every book on investing, rebalancing is spoken about and highly recommended
by elainet7
Tue Dec 10, 2019 6:08 pm
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 452
Views: 112997

Re: South Florida Local Chapter

what is the format of the meeting live an hour away
by elainet7
Tue Dec 10, 2019 5:37 pm
Forum: Investing - Theory, News & General
Topic: Do you strictly manage your portfolio percentages of stocks and bonds?
Replies: 64
Views: 4841

Re: Do you strictly manage your portfolio percentages of stocks and bonds?

Investors in their 50-60's require bonds in their portfolios. No investment book would not include this principle
READ the literature-rebalancing does improve long term results
by elainet7
Tue Dec 10, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: Do you strictly manage your portfolio percentages of stocks and bonds?
Replies: 64
Views: 4841

Re: Do you strictly manage your portfolio percentages of stocks and bonds?

Rebalancing has shown historically to increase returns
Most say yearly
by elainet7
Sun Dec 08, 2019 5:47 pm
Forum: Personal Investments
Topic: Roth question - my first post
Replies: 4
Views: 417

Re: Roth question - my first post

Do Roth conversions up to the 24% bracket
by elainet7
Sun Dec 08, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Big IRA accounts
Replies: 100
Views: 17290

Re: Big IRA accounts

We have a large allocation to bonds in our iras The two Roth’s are all equity about 200k Probably when we are 75 will invest more into equities as we used the bucket approach fir the first 10 yrs to assure all fixed expenses are covered fully with the balance in equities Today we got a 162k cd calle...
by elainet7
Fri Dec 06, 2019 2:25 pm
Forum: Personal Investments
Topic: Suggestions for Roth investments
Replies: 19
Views: 1676

Re: Suggestions for Roth investments

total stock mkt index fund
don't gamble with stocks
by elainet7
Thu Dec 05, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 11909

Re: How much money can retirees really save by moving to a state without income tax?

18% Effective tax rate on 300k income
When working almost 15% SS tax as dentist
SWEET!!!!!!!!!!!!
auto and home ins more expensive in fla
RE taxes lower as are utilities