Search found 17 matches

by venus_06
Thu Oct 10, 2019 3:39 pm
Forum: Personal Investments
Topic: New Merrill Edge cash solutions (possibly?)
Replies: 38
Views: 5018

Re: New Merrill Edge cash solutions (possibly?)

The closest to Vanguard's VMFXX is GOTXX as they both invest in US government securities. GOTXX is 100% state tax exempt because it invests 100% directly into Federal obligations, where as VMFXX is only partially state tax exempt because it has repurchase agreements which is not state tax exempt. I...
by venus_06
Mon Oct 07, 2019 2:11 pm
Forum: Personal Investments
Topic: New Merrill Edge cash solutions (possibly?)
Replies: 38
Views: 5018

Re: New Merrill Edge cash solutions (possibly?)

They list PVOXX (Federated Institutional Prime Value Obligations Fund ---Institutional Class) and TMCXX (BlackRock Liquidity Funds: TempCash Fund ---Institutional Class) as share price will fluctuate. Has anyone had experience with these? If I wanted something more similar to VG's Federal money mark...
by venus_06
Tue Aug 13, 2019 6:35 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard Treasury Money Market yield so high?
Replies: 112
Views: 32018

Re: Why is Vanguard Treasury Money Market yield so high?

I make a spreadsheet to track my TEYs for VG's Prime, Federal, and Treasury money market funds (I estimated State tax exempt percentage for the first two funds based on prior year's obligation), and depending on the spread between VMFXX and VUSXX one or the other is slightly better for me. However, ...
by venus_06
Tue Jul 09, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property - taxes
Replies: 41
Views: 2489

Re: Selling a rental property - taxes

We purchased it for 200k in 2009. According to Zillow, the house was worth 406.1k when we started renting it out in October 2016. We're listing it at 470k. I've used Turbo Tax for our taxes and know I deducted landscaping expenses, rental manager fees and some minor repairs. I don't now recall dedu...
by venus_06
Fri Jun 07, 2019 2:39 pm
Forum: Non-US Investing
Topic: non resident withholding tax refund
Replies: 3
Views: 406

Re: non resident withholding tax refund

There is no standardized deduction for non residents. Dividends are reported in schedule NEC where there is no distinction between qualified or ordinary dividends, and you are taxed at 30% unless there is a tax treaty between your country.
by venus_06
Sat Apr 13, 2019 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: PA local earned income tax return question
Replies: 4
Views: 486

Re: PA local earned income tax return question

Shouldn’t you be receiving the $300 refund? Since the Philadelphia wage tax is higher and exceeds your local earned income tax - they exchange 1k to your township and keep the remaining $200?
by venus_06
Thu Apr 04, 2019 2:39 pm
Forum: Personal Investments
Topic: Roth 403b to Roth IRA
Replies: 6
Views: 460

Re: Roth 403b to Roth IRA

I thought transferring of university contributions depends on your vesting schedule? For my university we are 100% vested after 3 years, but 0% before that, and this applies to both basic contribution and matching contributions. What does your policy say?
by venus_06
Tue Mar 19, 2019 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Patent an idea and find investors.
Replies: 31
Views: 2044

Re: Patent an idea and find investors.

Patent prosecution is quite expensive and for an individual that can be a very costly upfront investment. If you have plans to form a startup company (based on your idea which you plan to patent), many local law firms will do the work pro bono with payment written in once you raise certain amount of...
by venus_06
Mon Feb 25, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: What is the best option for cash in Merrill Edge
Replies: 3
Views: 564

Re: What is the best option for cash in Merrill Edge

I put mine in their Preferred Deposit. It is currently 2.07% and updates weekly. Rates are posted here: https://olui2.fs.ml.com/Publish/Content/application/pdf/GWMOL/ICCRateSheet.pdf You need 100k initially but don't have to maintain that balance. One inconvenience is that you have to call them to m...
by venus_06
Tue Feb 05, 2019 11:47 am
Forum: Personal Investments
Topic: Leaving Payflex HSA - avoid account closure fee?
Replies: 44
Views: 6779

Re: Leaving Payflex HSA - avoid account closure fee?

For folks that have pulled funds out and reinvested into their own HSA account within 60 days, is that what's referred to as a rollover? And you are only allowed to do it one time per year without penalty, whereas if you direct the funds through a trustee to trustee transfer then you're not limited ...
by venus_06
Tue Jan 29, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Any recourse when HR department keeps screwing up?
Replies: 69
Views: 3844

Re: Any recourse when HR department keeps screwing up?

I was recently in a similar situation to OP. My advice would be to talk to other people in your department, you'd be surprised how many people have had issues with HR before! In my case, a coworker was able to refer me to a contact person that was able to look into my payroll deductions and HSA cont...
by venus_06
Thu Jan 17, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58156

Re: John Bogle has died at age 89

I first stumbled upon this forum when searching about my employer plans (thankful that they offer Vanguard as one of the options!). As a complete newbie to investing, the Boglehead philosophy immediately resonated with me and I am so grateful for what I have learned (and continue to learn) here. Mr....
by venus_06
Fri Jan 11, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can I make HSA contributions for 2018 (last year)?
Replies: 9
Views: 920

Re: Can I make HSA contributions for 2018 (last year)?

A related question: My understanding is HSA deductions through payroll will be exempt from both income & FICA tax. However, if you contribute on your own, you may only claim the deduction for income tax, but still have to pay FICA taxes on that amount? Am I confusing things? Asking because I switche...
by venus_06
Fri Jan 11, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1989
Views: 339977

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

New bonus alert. $200 for 25k at Chase You Invest. https://accounts.chase.com/youinvest/trade/offer?jp_cmp=rb/Chase_Brand_Exact_You+Invest_SEM_US_No+xLOB_Standard_NA/sea/p38425640377/You+Invest Thanks for this information. Thinking of transferring 25k over for the bonus. Do you know if they have so...
by venus_06
Mon Dec 17, 2018 3:25 pm
Forum: Personal Investments
Topic: Advice on Roth IRA
Replies: 6
Views: 730

Re: Advice on Roth IRA

"Time in the market is better than timing the market"... I'd recommend putting all $5,500 in at once for your 2018 contribution. Next year, Roth IRA contributions go up to $6,000. I like to contribute for the coming year right after January 1. Thanks. Since I am contributing in December, I have rea...
by venus_06
Fri Dec 14, 2018 4:21 pm
Forum: Personal Investments
Topic: Advice on Roth IRA
Replies: 6
Views: 730

Re: Advice on Roth IRA

Thanks! I will open a Vanguard account and go with index funds. I am thinking about increasing contributions to my 403b, just need some more time to think about a right balance. I have been (still am) actively saving for first home. I don't have a specific target price or timeline yet, but I know th...
by venus_06
Fri Dec 14, 2018 10:46 am
Forum: Personal Investments
Topic: Advice on Roth IRA
Replies: 6
Views: 730

Advice on Roth IRA

Hi Bogleheads, Need some advice on opening a Roth IRA. I am 30yo, complete newbie to investing. Currently I contribute the minimum each month to my 403(b) to get my employer match, but have not put any additional funds in. It's in a target fund, which I am ok with for the time being, as I'm still ve...