Search found 19 matches

by TooOldForThis
Sat May 11, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Security Benefit Annuity - Can an heir move proceeds to an IRA-BDA
Replies: 4
Views: 436

Re: Security Benefit Annuity - Can an heir move proceeds to an IRA-BDA

The lawyers seem to be confident about what the beneficiaries are entitled to, Security Benefit will not, however, put it in writing (in terms of a statement). Everyone also seems to agree that this is fine and dandy, even though it seems absurd to me. So, SB and the estate lawyers agree that each o...
by TooOldForThis
Thu May 09, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Security Benefit Annuity - Can an heir move proceeds to an IRA-BDA
Replies: 4
Views: 436

Security Benefit Annuity - Can an heir move proceeds to an IRA-BDA

When others in our family passed away, we've had no trouble moving funds from an inherited account into an IRA-BDA to alleviate the tax impact of funds where the proceeds were not immediately needed. My wife's father recently passed away, and he had two annuity contracts as part of an IRA with Secur...
by TooOldForThis
Thu May 09, 2019 8:27 pm
Forum: Personal Consumer Issues
Topic: China/Tibet Visa Weirdness
Replies: 12
Views: 2476

Re: China/Tibet Visa Weirdness

The situation muddies. China has denied my visa request. (No real surprise, but I absolutely admit to naivete in assuming that telling the truth is the best policy). Called G3, they cannot help me either. So, we're back to subterfuge, which bothers me a bit...but, apparently that's the game to be pl...
by TooOldForThis
Mon May 06, 2019 2:06 pm
Forum: Personal Consumer Issues
Topic: China/Tibet Visa Weirdness
Replies: 12
Views: 2476

Re: China/Tibet Visa Weirdness

Not necessarily.

If the consul declines my application (they appear to still be mulling it over...but who can tell :oops: ), I can certainly give G3 a chance. Thanks for the advice.
by TooOldForThis
Sat May 04, 2019 8:00 pm
Forum: Personal Consumer Issues
Topic: China/Tibet Visa Weirdness
Replies: 12
Views: 2476

Re: China/Tibet Visa Weirdness

We go Chicago to NYC to Shanghai to Chengdu to Lhasa, all on one ticket. These are not technically "stopovers" as there's no more than a couple hours between flights. If I were spending a night in one of the pre-Lhasa cities, I could have submitted a request for a visa showing the Chinese that city ...
by TooOldForThis
Wed May 01, 2019 8:03 pm
Forum: Personal Consumer Issues
Topic: China/Tibet Visa Weirdness
Replies: 12
Views: 2476

China/Tibet Visa Weirdness

Apparently there are some unusual specifications around obtaining a visa for China when Tibet is on your itinerary. Before going for our visa, I had read that some travelers advise that one not include Tibet on one's visa request, but I'm not comfortable lying (plus, my travel has us flying into Lha...
by TooOldForThis
Thu Mar 28, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Illinois Property/Divorce/Estate question
Replies: 4
Views: 467

Illinois Property/Divorce/Estate question

This is a weird one, please bear with my explanation, and let me know if you have any advice. Know up front that I have zero financial or familial stake in this. I'm posting here because I was asked the question by the family involved and I am interested in board commentary. Background: Family patri...
by TooOldForThis
Thu Mar 28, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax error - Under reporting threshold changes
Replies: 9
Views: 907

Re: TurboTax error - Under reporting threshold changes

I'm using the desktop home and business version. Can't figure out how your TT was calculating at 85%. I literally filed my taxes on 3/17, and TT calculated a penalty for me based on 90% math on line 5 of form 2210 (and, yes, TT had auto-updated before I filed), which I paid. After the law change was...
by TooOldForThis
Wed Mar 27, 2019 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax error - Under reporting threshold changes
Replies: 9
Views: 907

Re: TurboTax error - Under reporting threshold changes

If an accountant says "Hey...you're right. I apologize. Let me correct that for you, and here's a discount to my rates because I steered you wrong and you corrected me" then I'm happy to continue working with them. If I call up the accountant, point out the error and he/she tells me "Yeah...someone ...
by TooOldForThis
Tue Mar 26, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax error - Under reporting threshold changes
Replies: 9
Views: 907

Re: TurboTax error - Under reporting threshold changes

I agree with this comment. The math on the calculation of the penalty does not change. The math to determine if one is subject to the penalty does change. Let's say that I withheld 88% of the required amount during 2018. TT said I owed a tax even before last Friday's changes, calculated it and put i...
by TooOldForThis
Tue Mar 26, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax error - Under reporting threshold changes
Replies: 9
Views: 907

TurboTax error - Under reporting threshold changes

As you may be aware, the tax law threshold for under reporting penalties was changed from 85% to 80% last Friday. When I filed, TT computed an under reporting penalty for me automatically, so I went back to see if the threshold change would benefit my filing. I expected the most recent TT update to ...
by TooOldForThis
Tue Mar 26, 2019 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: (Potential) Once in a generation foreign currency opportunity. How best to effect it?
Replies: 13
Views: 1993

Re: (Potential) Once in a generation foreign currency opportunity. How best to effect it?

Thanks for all the fantastic ideas. I had an irrational fear that I'd be mercilessly mocked for this one. 8-) Appreciate being taken seriously. Will investigate several of these options.
by TooOldForThis
Mon Mar 25, 2019 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: (Potential) Once in a generation foreign currency opportunity. How best to effect it?
Replies: 13
Views: 1993

(Potential) Once in a generation foreign currency opportunity. How best to effect it?

Based on the recent activities in the UK around Brexit, I'm expecting a generational opportunity to take on pound sterling. Note, this is not an investment request, I'm aware of several funds/ETF's that give exposure to the pound for my investment accounts. I'm talking about cold hard cash to be use...
by TooOldForThis
Sun Mar 24, 2019 9:31 pm
Forum: Personal Consumer Issues
Topic: Replacing asphalt driveway
Replies: 16
Views: 2405

Re: Replacing asphalt driveway

May I suggest liberal use of crak-stix and then sealant. I was just sealing for years and the asphalt was getting to the point where I considered full replacement. Tried crak-stix and about 10 propane canisters and it's literally like new. I spent last year doing an hour a day when the weather was n...
by TooOldForThis
Sun Mar 24, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Planning a trip to Iceland with kids
Replies: 17
Views: 2279

Re: Planning a trip to Iceland with kids

Did Iceland last year while WOW was still flying from Chicago. Suggestions: - Drive the circle route yourself. If you can rent a car in <your home town> you can rent a car in Iceland. - Consider adding the undercarriage/windscreen damage coverage. About half the roads will likely be gravel. - Take e...
by TooOldForThis
Sat Mar 16, 2019 9:18 pm
Forum: Personal Consumer Issues
Topic: What's Your Opinion on Nest Thermostats
Replies: 62
Views: 5790

Re: What's Your Opinion on Nest Thermostats

Only one specific problem noted with my Nest thermostat, and it's a silly one (yet one that has no current fix). If you run a Google Home Hub, it changes from Fahrenheit to Celsius. So, if you want to tell Google to change the temperature, you've got to do it in Celsius. How it is that Nest (or Goog...
by TooOldForThis
Thu Mar 14, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: Home alarm system / Internet camera recommendations
Replies: 16
Views: 1662

Re: Home alarm system / Internet camera recommendations

Recommend that you investigate SimpliSafe. Super easy to install yourself. Works well while you are home and away. Only issue we've had with this service is that the dogs set off motion sensors, even on the lowest sensitivity and mounted high (according to Simplisafe recommendations). The good news ...
by TooOldForThis
Thu Mar 14, 2019 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Side gig ideas with minimal requirements?
Replies: 124
Views: 10040

Re: Side gig ideas with minimal requirements?

Many state high school organizations are in dire need of officials. During the spring, I can make ~$1000 a week, working 6 days officiating track and field for middle and high schools. Pass an open book on-line test on the rules, buy yourself a gun and some rudimentary equipment (whistle, etc...), a...
by TooOldForThis
Fri Mar 01, 2019 3:20 pm
Forum: Personal Investments
Topic: Personal Capital
Replies: 20
Views: 1420

Re: Personal Capital

What worked for me is, when they called, I told them I am a Certified Financial Planner.

They ended the call so quickly, it made me laugh.