Search found 15 matches

by Cranberry
Thu Jul 11, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: Visiting Buffalo,NY / Niagara Falls area - things to see and do?
Replies: 46
Views: 2314

Re: Visiting Buffalo,NY / Niagara Falls area - things to see and do?

Even without kids, you might like the African Lion Safari about an hour and a half west of Niagara Falls. Went many years ago.
by Cranberry
Sun Jul 07, 2019 8:08 pm
Forum: Personal Consumer Issues
Topic: Toaster Oven Recommendations
Replies: 38
Views: 5872

Re: Toaster Oven Recommendations

AAA: The exclusions all apply if you order yourself online. If you buy at the store, they honor the coupons for almost everything listed as an exclusion. If the product is not available in the store, the customer service desk will place the order for you and honor the coupon.
by Cranberry
Mon Jul 01, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Hospice, home health aide, taxes questions
Replies: 24
Views: 1602

Re: Hospice, home health aide, taxes questions

Based on my family's experience, if someone is a fall risk and needs help to reach the bathroom, he needs someone available around the clock. Otherwise, it's the unhappiness of a nursing home. In my state, CNAs can't do everything....they can't give meds, for example. You're right about the cost - i...
by Cranberry
Thu May 30, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Can I get another bite of the SS apple?
Replies: 14
Views: 2305

Re: Can I get another bite of the SS apple?

Regarding the 8% per year increase for delaying....It clearly states in the POMS that this can be done, and I have found info in the Kotlikof "Ask Larry" column confirming that. I have a family member who may benefit from this, so over the last year we made contact several times with social security...
by Cranberry
Mon Apr 22, 2019 9:41 am
Forum: Personal Investments
Topic: Vanguard or Schwab for Retiree and Power of Attorney
Replies: 38
Views: 1613

Re: Vanguard or Schwab for Retiree and Power of Attorney

Glad you started this thread, as we are startng to work our our own plans for our children to step in somewhere in the future if needed. My previous experience at Schwab was with a relative's irrev trust, and a very elderly, mentally sharp but physically compromised, financially untrained trustee wh...
by Cranberry
Sat Apr 20, 2019 4:14 pm
Forum: Personal Investments
Topic: Vanguard or Schwab for Retiree and Power of Attorney
Replies: 38
Views: 1613

Re: Vanguard or Schwab for Retiree and Power of Attorney

To make sure you know.....you need to use the Schwab POA form. The POA your lawyer created won't work. I've been told this is the same many other places. The Schwab form indicates that neither of their POA options will work if your MIL is incapacitated. Some means of legally accessing cash in case o...
by Cranberry
Sat Apr 20, 2019 1:26 pm
Forum: Personal Investments
Topic: Vanguard or Schwab for Retiree and Power of Attorney
Replies: 38
Views: 1613

Re: Vanguard or Schwab for Retiree and Power of Attorney

Schwab LPOA ends if your MIL is incapacitated, and you will not be able to even buy/sell, never mind transfers.Set up an outside checking account for her with you/your spouse on the account. Use Schwab Moneylink to set up recurring automatic transfers for monthly bills. You can take over that checki...
by Cranberry
Sun Apr 14, 2019 10:54 am
Forum: Personal Investments
Topic: SIMPLE IRA contribution is missing
Replies: 10
Views: 828

Re: SIMPLE IRA contribution is missing

If there were only a couple of employees, it might be easier to clearly identify who has access to the bank statement and the plan administrator, whom no one has contacted yet. I'm assuming the employer isn't scamming you. Is there any possibility that the employee your husband contacted has a job t...
by Cranberry
Sat Apr 13, 2019 7:01 pm
Forum: Personal Investments
Topic: SIMPLE IRA contribution is missing
Replies: 10
Views: 828

Re: SIMPLE IRA contribution is missing

How many employees work for this company?
by Cranberry
Thu Apr 11, 2019 7:38 am
Forum: Personal Investments
Topic: SIMPLE IRA contribution is missing
Replies: 10
Views: 828

Re: SIMPLE IRA contribution is missing

At Schwab, the employer receives a monthly "Master account" statement for a SIMPLE account. Each month starts with a zero balance, shows a one line deposit, then, for a single employee, a one line transfer to the employee account and a zero ending balance. This is for a one employee plan. One month ...
by Cranberry
Fri Apr 05, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Is this a "retirement plan"?
Replies: 8
Views: 867

Re: Is this a "retirement plan"?

Google ERISA "church plan" exemption.
Locally, in the last year, a religious school announced a large potential "haircut" for vested employees, and elimination of any pension for those not vested. I don't remember the details....only that I might check carefully before counting on a church plan.
by Cranberry
Wed Jan 16, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Brother in law had a stroke (health ins options?)
Replies: 10
Views: 1165

Re: Brother in law had a stroke (health ins options?)

Look ahead to anticipate whether a Medicare supplement (Medigap) plan will be available in your state. In my state, insurers are not required to provide Medigap policies to pre-65 Medicare recipients, but one insurer does anyway. It's not the best plan, but it's good enough.
by Cranberry
Sat Jan 12, 2019 9:03 am
Forum: Personal Finance (Not Investing)
Topic: "Borrowing" strategy from IRA
Replies: 19
Views: 964

Re: "Borrowing" strategy from IRA

If you have a spouse, perhaps you could use the spouse's IRA to repay yours, thus turning 60 days into 120. If I were doing this, I would go so far as to open an IRA account at some institution where I could walk in around day 55, make a deposit, and walk out with the receipt in hand.
by Cranberry
Thu Dec 20, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Considering living with Mother in law (MIL)
Replies: 34
Views: 3729

Re: Considering living with Mother in law (MIL)

In my state, and at the assisted living facility where my family member lived, employees were not allowed to touch oxygen equipment. It was considered a prescription drug. If an employee noticed that the oxygen line had slipped, they were not even supposed to reposition it. Neither were privately hi...
by Cranberry
Mon Dec 10, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: SIMPLE IRA providers for small nonprofit?
Replies: 18
Views: 1165

Re: SIMPLE IRA providers for small nonprofit?

After a year of lurking, I'm going to tentatively add a word here. I have a SIMPLE IRA for a household employee, at Schwab. The employer side of the paperwork is straightforward. There's a set of rules - you mark your calender so you don't miss deposits and yearly form requirements. The account I se...