Search found 334 matches

by tomwood
Tue Nov 19, 2019 9:43 pm
Forum: Investing - Theory, News & General
Topic: How should a pension be viewed? Fixed income?
Replies: 8
Views: 412

How should a pension be viewed? Fixed income?

If someone will be receiving a partial federal pension, would that allow for a higher percentage of equities in their retirement account? Does the pension offer a similar safe return and low risk as one might receive with the fixed income portion of their portfolio? Of course a pension could be 1% t...
by tomwood
Mon Nov 18, 2019 7:47 am
Forum: Personal Investments
Topic: HSA Bank and Trustee to Trustee Fee question for FEHB
Replies: 21
Views: 1685

Re: HSA Bank and Trustee to Trustee Fee question for FEHB

That being said, MHBP seems attractive, if not more so, than GEHA right now, and I'm hoping the more educated BH folks can chime in on it. I use very little healthcare and have enough to cover the deductible. What did you decide in 2018 Open season? May I ask how you’ve kept or changed your decisio...
by tomwood
Sun Nov 17, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card bonus question
Replies: 5
Views: 530

Re: Credit card bonus question

But you should pay off the statement balance before the payment due date, unless you are exploiting a 0% purchase APR. Then you pay the minimum payment. And this means, pay the bill when it’s due, not pay before the end of 3 months, right? Example: Jan 1 2020 card is both (somehow) purchased and ac...
by tomwood
Sun Nov 17, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card bonus question
Replies: 5
Views: 530

Credit card bonus question

I’ve earned bonuses using credit cards before, but as I’ve always well exceeded the requirements, I never bothered to learn the details. 1) If a card offers bonus money for $1,000 in purchases over the next 3 months, for example, when does that 3 month clock begin? The day the card is activated? 2) ...
by tomwood
Sun Nov 17, 2019 9:10 pm
Forum: Personal Investments
Topic: HSA Bank and Trustee to Trustee Fee question for FEHB
Replies: 21
Views: 1685

Re: HSA Bank and Trustee to Trustee Fee question for FEHB

That being said, MHBP seems attractive, if not more so, than GEHA right now, and I'm hoping the more educated BH folks can chime in on it. I use very little healthcare and have enough to cover the deductible. What did you decide in 2018 Open season? May I ask how you’ve kept or changed your decisio...
by tomwood
Sun Nov 17, 2019 9:08 pm
Forum: Personal Investments
Topic: HSA Bank and Trustee to Trustee Fee question for FEHB
Replies: 21
Views: 1685

Re: HSA Bank and Trustee to Trustee Fee question for FEHB

BogleFanGal wrote:
Sat Mar 09, 2019 6:42 pm
resurrecting this thread in hopes OP can share what they ended up deciding. I like GEHA but not too thrilled with HSA/Ameritrade. Wondering how MHBP is working out for anyone who switched.
I’m interested in an answer to this too
by tomwood
Sun Nov 17, 2019 9:07 pm
Forum: Personal Investments
Topic: HSA Bank and Trustee to Trustee Fee question for FEHB
Replies: 21
Views: 1685

Re: HSA Bank and Trustee to Trustee Fee question for FEHB

motorcyclesarecool wrote:
Wed Nov 07, 2018 5:55 am
Re: PayFlex- keep in mind that once you leave Aetna (or MHBP- they also use PayFlex)
Does PayFlex, with MHBP, automatically invest the pass through HSA money into a chosen account?
by tomwood
Sun Nov 17, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP over BCBS Basic for Feds?
Replies: 70
Views: 3277

Re: HDHP over BCBS Basic for Feds?

For those long-term investors with GEHA, the HSA bank / TD Ameritrade approach is free (fees paid). The only "cost" is having to leave $100 in HSA bank. I recommend it. Nowadays you can seemingly do Vanguard ETFs free @ TD ameritrade, but I haven't moved from the SPDRs, which have lower ERs (that's...
by tomwood
Sun Nov 17, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP over BCBS Basic for Feds?
Replies: 70
Views: 3277

Re: HDHP over BCBS Basic for Feds?

I am in the DC area and trying to choose between BC/BS-Basic and BC/BS-Standard. Another option is GEHA-High. How likely is one to need an out-of-network doctor that's not covered by BC/BS-Basic? All my current doctors are in the network, but I am thinking about unknown unknowns. Victoria I don’t k...
by tomwood
Sun Nov 17, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP over BCBS Basic for Feds?
Replies: 70
Views: 3277

Re: HDHP over BCBS Basic for Feds?

What s/he said. You’ll still get $1800, but the last $150 premium pass-through won’t arrive in your account until January 2021. But it still counts as a contribution for 2020. Don’t accidentally over contribute. [/quote] With this eventually correct itself with $300 being contributed in Jan 2021 ($...
by tomwood
Sun Nov 17, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP over BCBS Basic for Feds?
Replies: 70
Views: 3277

Re: HDHP over BCBS Basic for Feds?

Yes, HDHP will benefit you, especially if you maximize contributions to the HSA. The favorite HDHP seems to be GEHA. Checkbook's analysis for 2020 plan indicates that GEHA is a better buy than the other FEHB HDHPs regardless of high or low spend years. I’m not familiar with checkbook but how do the...
by tomwood
Sat Nov 16, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do Govt. Healthcare providers have PLI?
Replies: 12
Views: 824

Re: Do Govt. Healthcare providers have PLI?

Arlington2019 wrote:
Sat Nov 16, 2019 4:29 pm
In medicine, healthcare professional liability insurance and malpractice insurance are the same. Were I in your shoes, I would not find it cost-effective to get this coverage.
I thank you much for this great advice
by tomwood
Sat Nov 16, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Do Govt. Healthcare providers have PLI?
Replies: 12
Views: 824

Re: Do Govt. Healthcare providers have PLI?

I am a healthcare risk manager of 36 years experience, and I do malpractice insurance and malpractice claims for a living. One of my positions has been at a FQHC. All employees at a deemed FQHC are covered by the Federal Tort Claims Act, just as are civilian employees at a Federal healthcare facili...
by tomwood
Sat Nov 16, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Do Govt. Healthcare providers have PLI?
Replies: 12
Views: 824

Re: Do Govt. Healthcare providers have PLI?

It varies. For example, for CRNAs, the scope of practice is less than allowed by State law in independent states, as the VA has chosen to not give full practice authority to any CRNAs, even in states where it is allowed. For other advance practice nurses, it has given generally greater practice aut...
by tomwood
Fri Nov 15, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do Govt. Healthcare providers have PLI?
Replies: 12
Views: 824

Re: Do Govt. Healthcare providers have PLI?

Are there any healthcare providers on this forum who work in healthcare for the federal government? If so, do you have a personal Professional Liability Insurance (PLI). Why or why not? As I understand it, there isn’t need for personal malpractice insurance when working for the VA Hospital, as that...
by tomwood
Fri Nov 15, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do Govt. Healthcare providers have PLI?
Replies: 12
Views: 824

Re: Do Govt. Healthcare providers have PLI?

I think the above advice you've received is good, but I just wanted to add that any coverage provided by the Federal Tort Act (I'm assuming) would not apply to a "side-gig". I'm a healthcare professional who works for VA. It's very common for people in my field to freelance in different ways, and I...
by tomwood
Fri Nov 15, 2019 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Do Govt. Healthcare providers have PLI?
Replies: 12
Views: 824

Do Govt. Healthcare providers have PLI?

Are there any healthcare providers on this forum who work in healthcare for the federal government? If so, do you have a personal Professional Liability Insurance (PLI). Why or why not? As I understand it, there isn’t need for personal malpractice insurance when working for the VA Hospital, as that’...
by tomwood
Mon Nov 11, 2019 4:26 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 67
Views: 4442

Re: TSP 3-Funds or TSP Target Date Fund?

travelogue wrote:
Sun Nov 10, 2019 10:32 pm

Page 16 of this report has a snippet of info on TSP funds in relation to the efficient frontier: https://www.frtib.gov/pdf/minutes/MM-2018Sep-Att5c.pdf
Thank you for sharing.
by tomwood
Mon Nov 11, 2019 4:19 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

I am about 6.5 years out from my MRA, and don't know if I will punch out then or wait a few years. Up until 2016, I was all C, S, and I in varying percentages (mostly C). Today I sit at around 35% in each of C and S, 15% in I, and the remainder split between G and F. All new paycheck contributions ...
by tomwood
Mon Nov 11, 2019 4:16 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

100% of my TSP is invested in the G fund. I use it a part of my bond allocation. I'm not a big fan of bonds for young people and was 100% equities until past age 55. But now that I am "of that age" (61) and have shifted my asset allocation, the G Fund serves me well and provides a unique bond inves...
by tomwood
Mon Nov 11, 2019 4:13 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

Currently- G:15% F: 5% C: 58% S: 22% I: 0% (hold international in husband's Roth IRA) As others have mentioned we do not hold the L-fund as we look at our portfolio as a whole and hold all bonds in the TSP. My husband's 401K and both of our Roth IRAs are all stock. I rebalance at the beginning of t...
by tomwood
Mon Nov 11, 2019 4:09 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

The G Fund sounds special. Do most people with the option of this fund, take full advantage, because it’s so unique? I would say more so in retirement. When TSP started, I believe it was the only fund available. G-fund used to be the default for new hires whom did not elect a different fund allocat...
by tomwood
Mon Nov 11, 2019 1:18 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

I still have trouble understanding whether or not G or F is better.... and whether it's ok to split my bond portion between the two. I know that G has almost no risk and a slightly lower return. I'd appreciate any thoughts people have on the G vs F. I keep my bonds in the TSP and am 100% equities o...
by tomwood
Mon Nov 11, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 67
Views: 4442

Re: TSP 3-Funds or TSP Target Date Fund?

By the way, TSP can directly simulate TSM with a 80%/20% C/S allocation. Actually, it's closer to 87%/13% these days. See Thrift Savings Plan in the wiki for a reference. Do you simulate this fund or use the L fund in your portfolio? I started out with an age-appropriate L fund and a target date fu...
by tomwood
Mon Nov 11, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 67
Views: 4442

Re: TSP 3-Funds or TSP Target Date Fund?

If 80% stock and 20% G fund has the same risk as 75% stock and 25% F fund, then the G fund gives a better portfolio return at the same risk level. Are these just random numbers or is 80/20 roughly the same risk as 75/25, more or less, as you write here? The TSP's models must imply a significant cor...
by tomwood
Mon Nov 11, 2019 12:28 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

I use the L funds. The AA allocation is reasonable and the rebalancing is automatic. Since the ER are no different, I purposely use the TSP target date funds and this frees my time to focus on my other investments. Is there an advantage to automatic rebalancing? How often does the L Fund rebalance?...
by tomwood
Sun Nov 10, 2019 9:16 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

I still have trouble understanding whether or not G or F is better.... and whether it's ok to split my bond portion between the two. I know that G has almost no risk and a slightly lower return. I'd appreciate any thoughts people have on the G vs F. I keep my bonds in the TSP and am 100% equities o...
by tomwood
Sun Nov 10, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 67
Views: 4442

Re: TSP 3-Funds or TSP Target Date Fund?

grabiner wrote:
Sat Jul 20, 2019 12:05 pm
If 80% stock and 20% G fund has the same risk as 75% stock and 25% F fund, then the G fund gives a better portfolio return at the same risk level.
Are these just random numbers or is 80/20 roughly the same risk as 75/25, more or less, as you write here?
by tomwood
Sun Nov 10, 2019 9:12 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 67
Views: 4442

Re: TSP 3-Funds or TSP Target Date Fund?

LinusP wrote:
Thu Jul 18, 2019 6:36 pm
bgyt wrote:
Thu Jul 18, 2019 3:15 pm
By the way, TSP can directly simulate TSM with a 80%/20% C/S allocation.
Actually, it's closer to 87%/13% these days. See Thrift Savings Plan in the wiki for a reference.
Do you simulate this fund or use the L fund in your portfolio?
by tomwood
Sun Nov 10, 2019 3:36 pm
Forum: Personal Investments
Topic: How do I invest a 529 for both now & later?
Replies: 10
Views: 669

Re: How do I invest a 529 for both now & later?

KingRiggs wrote:
Sun Nov 10, 2019 7:54 am
I’d only use it to pay K-12 when I felt it was fully funded
What’s a reasonable number to aim for with respect to fully funding the 529?

KingRiggs wrote:
Sun Nov 10, 2019 7:54 am
Best of fortunes in the years ahead.
Thanks and you the same
by tomwood
Sun Nov 10, 2019 3:35 pm
Forum: Personal Investments
Topic: How do I invest a 529 for both now & later?
Replies: 10
Views: 669

Re: How do I invest a 529 for both now & later?

If your state provides a deduction for contributions, then you can fund K-12 with pass through money to get that deduction. Contribute, withdraw. I forgot to ask if this would be allowable in my OP. It appears so. And yes my state allows deductions. So if it’s $5k tuition for the year, then I contr...
by tomwood
Sun Nov 10, 2019 7:08 am
Forum: Personal Investments
Topic: How do I invest a 529 for both now & later?
Replies: 10
Views: 669

Re: How do I invest a 529 for both now & later?

I would go with age based aggressive portfolios in any 529 plan that you choose. Given that you want to do withdrawals for immediate K-12 private tuition expenses, as well as for future college expenses, it follows that a certain percentage of your funds have to be in bonds (for near term withdrawa...
by tomwood
Sat Nov 09, 2019 9:21 pm
Forum: Personal Investments
Topic: How do I invest a 529 for both now & later?
Replies: 10
Views: 669

How do I invest a 529 for both now & later?

What would be a suggestion for asset allocation for a 529 plan which will be used for K-college? It appears there are roughly three phases: the first dozen or so years, then the high school years and finally college. We plan to invest a good chunk of money over the next couple years and then smaller...
by tomwood
Sat Nov 09, 2019 9:10 pm
Forum: Personal Investments
Topic: Where should I open 529? In Pa
Replies: 22
Views: 1685

Re: Where should I open 529? In Pa

Is it safe to assume you fully trust these folks? It wouldn’t be worth a small increase in ER if this wouldn’t be an option. But switching around age 16-17 appears to be the perfect plan. I’d like to do the same. Trust whom? Fidelity? If they were to “screw” folks and jack the ER up or commit anoth...
by tomwood
Sat Nov 09, 2019 8:35 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

I personally keep contributions it at 60/20/20 for C/S/I. I have not bothered to re balance. I tend to keep IRAs at 100% TSM (or close to). It’s interesting to see only one person, so far, using the L Fund. As the ER is quite low, what’s the negative to the L Funds? Is it more optimal to recreate t...
by tomwood
Sat Nov 09, 2019 8:33 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

I use the L funds (50/50 contributions split between 2). TSP is the large majority of our retirement funds and there are pros and cons to different asset allocations in different vehicles so I don’t worry too much about balancing across accounts, plus I don’t want to be responsible for reallocating...
by tomwood
Sat Nov 09, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: How should I cancel my business cell phone?
Replies: 19
Views: 1010

Re: How should I cancel my business cell phone?

You also have zero control over Verizon reassigning a number if you don't keep it. Moving to GV will cost $20, then free. Make a call once a year. https://support.google.com/voice/answer/1065667?hl=en Does ‘checking my voicemail’ quality as making one call per year? Can I make calls through my comp...
by tomwood
Sat Nov 09, 2019 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: How should I cancel my business cell phone?
Replies: 19
Views: 1010

Re: How should I cancel my business cell phone?

You also have zero control over Verizon reassigning a number if you don't keep it. Moving to GV will cost $20, then free. Make a call once a year. https://support.google.com/voice/answer/1065667?hl=en Does ‘checking my voicemail’ quality as making one call per year? Can I make calls through my comp...
by tomwood
Sat Nov 09, 2019 3:36 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

Re: What’s in your TSP?

oldcomputerguy wrote:
Sat Nov 09, 2019 10:35 am
This topic is now in the Personal Investments forum.
Thank you for the correction
by tomwood
Sat Nov 09, 2019 7:27 am
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3376

What’s in your TSP?

I’m new to the TSP. Do people who have outside retirement accounts invest differently inside the TSP because of the outside accounts or do they try to have similar investments, such as the 3 fund portfolio, in all accounts? And are people on this forum, who have a TSP, more likely to use the L Fund ...
by tomwood
Sat Nov 09, 2019 6:13 am
Forum: Personal Finance (Not Investing)
Topic: How should I cancel my business cell phone?
Replies: 19
Views: 1010

Re: How should I cancel my business cell phone?

Google Voice is free but it does cost $20 to port in your Verizon number. Once that process is complete just make sure your service with Verizon is canceled. https://support.google.com/voice/answer/1065667#xferin Thank you for the great advice. I was paying monthly for my Verizon account, not in a ...
by tomwood
Sat Nov 09, 2019 6:10 am
Forum: Personal Finance (Not Investing)
Topic: How should I cancel my business cell phone?
Replies: 19
Views: 1010

Re: How should I cancel my business cell phone?

If you want to retain any kind of professionalism you could transfer your number to google voice (which will automatically cancel cell account) and leave a greeting message to customers about the business closing. Thank you. This was great advice. Does google voice have its own voicemail box, after...
by tomwood
Sat Nov 09, 2019 6:08 am
Forum: Personal Finance (Not Investing)
Topic: How should I cancel my business cell phone?
Replies: 19
Views: 1010

Re: How should I cancel my business cell phone?

You also have zero control over Verizon reassigning a number if you don't keep it. Moving to GV will cost $20, then free. Make a call once a year. https://support.google.com/voice/answer/1065667?hl=en Does ‘checking my voicemail’ quality as making one call per year? Can I make calls through my comp...
by tomwood
Sat Nov 09, 2019 6:07 am
Forum: Personal Finance (Not Investing)
Topic: How should I cancel my business cell phone?
Replies: 19
Views: 1010

Re: How should I cancel my business cell phone?

They may be a 1 time fee to port your cell number to google voice, not sure what it is now a days it used to be around $5-10 a few years ago (if I remember correctly). Once you port it over, there is $0 cost. You can set it up so calls to that number are forwards to another phone number, or just ha...
by tomwood
Sat Nov 09, 2019 6:05 am
Forum: Personal Finance (Not Investing)
Topic: How should I cancel my business cell phone?
Replies: 19
Views: 1010

Re: How should I cancel my business cell phone?

Google Voice is free but it does cost $20 to port in your Verizon number. Once that process is complete just make sure your service with Verizon is canceled. https://support.google.com/voice/answer/1065667#xferin And does that $20 move this business phone number from Verizon to google voice so no o...
by tomwood
Fri Nov 08, 2019 7:28 am
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3134

Re: How often should someone rebalance?

nedsaid wrote:
Fri Nov 08, 2019 6:42 am
Younger investors should ....
Where would you roughly suggest this age to be?

If people aren’t rebalancing, does that offer a chance of higher returns? And also more risk. Which is why you say it’s only for the young?
by tomwood
Fri Nov 08, 2019 7:26 am
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3134

Re: How often should someone rebalance?

mmmodem wrote:
Fri Nov 08, 2019 6:59 am
+/- 5%
Does this mean, if you want 25% bonds, you won’t rebalance unless you have 30% or 20% bonds? Do you count equities as a single group or do you separate US from Intl stock funds?
by tomwood
Fri Nov 08, 2019 6:02 am
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3134

Re: How often should someone rebalance?

I’m Using a 3 fund portfolio. And over the last few years I rebalance twice per year. These dates are set, and are unrelated to which day the market is up or down. Is twice per year too often or too few times per year to rebalance? I’m sure the data varies on this topic but what do the smart people...
by tomwood
Fri Nov 08, 2019 5:59 am
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3134

Re: How often should someone rebalance?

Rick Ferri wrote:
Thu Nov 07, 2019 11:02 pm
You'll never figure out the optimal time or number of times to rebalance. So, do at a time and in a way that you'll remember.
Thank you
by tomwood
Thu Nov 07, 2019 10:53 pm
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3134

How often should someone rebalance?

I’m Using a 3 fund portfolio. And over the last few years I rebalance twice per year. These dates are set, and are unrelated to which day the market is up or down. Is twice per year too often or too few times per year to rebalance? I’m sure the data varies on this topic but what do the smart people ...