Search found 28 matches

by david3213
Thu Oct 10, 2019 10:54 am
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8828

Re: highly compensated employee (HCE) Time bomb?

diy60 wrote:
Thu Oct 10, 2019 7:44 am
401K after tax sub account, you should check if your employer has this feature. It's golden. Along with an IRR feature it allows one to super charge your Roth holdings.
Thanks! I'll look into this. Google wasn't much help when I was trying to figure out OP's statement.
by david3213
Wed Oct 09, 2019 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1320

Re: FEHB clarifications and open enrollment

I'm not sure either. However, this is from a FAQ on the OPM site: "I am going to retire soon. What are the requirements to continue health benefits into retirement? To continue your health benefits enrollment into retirement, you must: (1) have retired on an immediate annuity (that is, an annuity w...
by david3213
Wed Oct 09, 2019 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1320

Re: FEHB clarifications and open enrollment

Government health insurance isn't the cheapest and for a family of 2, it is expensive. Although being able to have it at 60 or whenever you retire is pretty valuable IMO. I haven't priced out what health care is available for retirees so I'm not sure how important it is to have access to FEHB. It d...
by david3213
Wed Oct 09, 2019 10:48 pm
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8828

Re: highly compensated employee (HCE) Time bomb?

My wife's employer allows for after tax contributions and in service roll overs so we are currently able to save the maximum 56k between Roth roll overs company match and pre-tax 401k. How did you come up with 56k? Is this combined between the two of you? I thought the limit was 19k per person plus...
by david3213
Tue Oct 08, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1320

Re: FEHB clarifications and open enrollment

Our family was on my husband’s company’s (private sector) plan until I was about 6 years out from retirement at my federal job. Then we switched over to FEHB in order to ensure we could continue it in retirement. So yes, your plan would work fine. Just remember that FEHB coverage starts at the begi...
by david3213
Tue Oct 08, 2019 8:39 am
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1320

Re: FEHB clarifications and open enrollment

Tdubs wrote:
Mon Oct 07, 2019 10:17 pm
Has your wife looked at the CareFirst HDHP? Lower OOP max than GEHA HDHP. Checkbook shows it is less costly than GEHA. Also has better dental coverage.
Doesn't look like it's an option in my area. I'm also partial to GEHA since it's nonprofit.
by david3213
Mon Oct 07, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1320

FEHB clarifications and open enrollment

I'm currently trying to decide if I should enroll in FEHB via my wife (a federal employee) or with my company. The two key differences are that my company plan is about $800 cheaper per year than GEHA (either standard or HDHP) and that my company has a much lower out of pocket maximum ($3450 for a f...
by david3213
Mon Oct 07, 2019 4:45 pm
Forum: Personal Investments
Topic: Nervous about TLH
Replies: 33
Views: 2414

Re: Nervous about TLH

Personally I hope the markets tank forever so I have infinite TLH opportunities! I am personally hoping this, but only so I can finally unwind a TLH my AUM advisor performed during the stock market "crash" last December. He moved me into a new fund (EKJYX) with an ER of 0.82% and turnover of 60%. S...
by david3213
Mon Oct 07, 2019 4:43 pm
Forum: Personal Investments
Topic: Nervous about TLH
Replies: 33
Views: 2414

Re: Nervous about TLH

I would do the exchange. Actually, today was an excellent day to do the exchange, but the next excellent day will be tomorrow. I don't think you have anything to worry about. And it will be a great learning experience for you. You are also likely to be able to exchange back to VTIAX in a month or s...
by david3213
Mon Oct 07, 2019 3:30 pm
Forum: Personal Investments
Topic: Nervous about TLH
Replies: 33
Views: 2414

Re: Nervous about TLH

Thanks for all the great advice! Would an "exchange" be the way to go to ensure my money remains in the market without a gap of several days while waiting for the trade to settle? I know some people recommend Fidelity funds as good TLH partners, but my money would be out of the market for about one ...
by david3213
Mon Oct 07, 2019 1:07 pm
Forum: Personal Investments
Topic: Nervous about TLH
Replies: 33
Views: 2414

Re: Nervous about TLH

Other contributors on this forum may be more helpful than I, but I'd suggest reading up on the tax loss harvesting / wash sale rules. I was under the impression that buying an "essentially identical" security to the one that was sold is a "no-no" in the wash sale rules. In theory, I agree with the ...
by david3213
Mon Oct 07, 2019 12:08 pm
Forum: Personal Investments
Topic: Nervous about TLH
Replies: 33
Views: 2414

Nervous about TLH

I have about $10,000 that I can TLH from VTIAX. However, this means selling ~$400,000 of VTIAX and shifting it to a different investment. This is a very large sum of money and a significant fraction of my portfolio, but would help offset about $75,000 in net long term/short term gains from unwinding...
by david3213
Tue Jun 11, 2019 2:25 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month" [Vanguard]
Replies: 9
Views: 1638

Re: "Find out if your fund is declaring a dividend this month" [Vanguard]

Valid point. At this point my calculations indicate it's likely a wash (i.e., it could go either way if I assume historical averages), the risk of having money sit out of the market for an extended period of time probably isn't worth it.
by david3213
Tue Jun 11, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month" [Vanguard]
Replies: 9
Views: 1638

Re: "Find out if your fund is declaring a dividend this month" [Vanguard]

Also, I was wondering when I know it's safe to buy? Do I need to wait until ex-dividend day? If so, how do I know when ex-dividend day has arrived?
by david3213
Tue Jun 11, 2019 12:28 pm
Forum: Personal Investments
Topic: Tax questions when converting advisor-managed portfolio to indexed portfolio (i.e., minimizing capital gains)
Replies: 6
Views: 562

Re: Tax questions when converting advisor-managed portfolio to indexed portfolio (i.e., minimizing capital gains)

And if you wait half a year and the market rises by 3% (8% annual market rise minus 2% dividends, for half a year), that's also 0.72% in increased capital gains, so you are looking at $1420 in extra cost for waiting half a year to sell. That would be break-even if your gains are $37,000 and selling...
by david3213
Tue Jun 11, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month" [Vanguard]
Replies: 9
Views: 1638

Re: "Find out if your fund is declaring a dividend this month" [Vanguard]

I just sold ~$100,000 of CAIFX with the plan to move it into VTSAX and VTIAX. However, I'm now wondering if I should wait until after the dividend date to reinvest the proceeds? Looking at the dividend history, it looks like about $0.35/share for VTSAX with a date of June 13 (plus one or two busines...
by david3213
Thu Jun 06, 2019 3:22 pm
Forum: Personal Investments
Topic: Tax questions when converting advisor-managed portfolio to indexed portfolio (i.e., minimizing capital gains)
Replies: 6
Views: 562

Re: Tax questions when converting advisor-managed portfolio to indexed portfolio (i.e., minimizing capital gains)

You also need to weigh the cost of selling now against the cost of waiting. If you go over the NIIT threshold, you will pay 18.8% tax rather than 15%. But you expect the market to rise; if you have $1M of stock for which you paid $850K, it would be normal for the stock to rise to $1.038M by next Ja...
by david3213
Wed Jun 05, 2019 11:08 am
Forum: Personal Investments
Topic: Tax questions when converting advisor-managed portfolio to indexed portfolio (i.e., minimizing capital gains)
Replies: 6
Views: 562

Tax questions when converting advisor-managed portfolio to indexed portfolio (i.e., minimizing capital gains)

I'm in the process of unwinding my portfolio and have decided I need to take a capital gains hit rather than continue to keep my assets in high expense ratio mutual funds. However, I'm going to spread out this over several years so that I don't exceed the various thresholds. It appears that there ar...
by david3213
Thu May 09, 2019 12:18 pm
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

That Advent Claymore fund isn't as bad as it looks. Half the "expense ratio" is interest. Explanation here: https://www.forbes.com/sites/baldwin/2019/05/02/how-to-find-bargains-in-closed-end-funds/ Hmm. According to that article, I am getting a "negative" expense given the discount. So, if the disc...
by david3213
Thu May 09, 2019 11:35 am
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

It's unclear to me why, but I did hold the shares before SSE declared bankruptcy. So, perhaps the pre-bankruptcy shares did not qualify for the offer whereas the post-bankruptcy shares do? I'm not a lawyer, but it appears to me that your shares were cancelled in July of 2016, assuming you purchased...
by david3213
Wed May 08, 2019 12:15 pm
Forum: Personal Investments
Topic: Abandoning shares of SSE?
Replies: 1
Views: 184

Abandoning shares of SSE?

A long time ago (before I became a Boglehead) I bought 100 shares of Chesapeake Energy (CHK). At one point CHK spun off one of its divisions into a new company, Seventy Seven Energy (SSE). I received 7 shares of SSE. SSE declared bankruptcy and was later bought out by Patterson-UTI. In theory, I sho...
by david3213
Wed May 08, 2019 12:05 pm
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

the end of the era of AUM advisors-words from Ric Ferri Agreed! I'm actually thinking about taking him up on his second-choice advisory program. $500 for a 1.5 hour consultation. I think it's a reasonable fee to ensure that I'm on the right track especially since I haven't been able to get definiti...
by david3213
Wed May 08, 2019 12:04 pm
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

Update: I did a little research and it looks like Seventy Seven Energy was bought by Patterson-UTI Energy, symbol PTEN. I haven't dug deeper but there should have been some notification re the purchase and whether the SSE shareholders were compensated in any way. I called Vanguard and the represent...
by david3213
Fri May 03, 2019 10:20 pm
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

teamDE wrote:
Thu May 02, 2019 3:58 pm
I'd sell that 3.87%'er tomorrow. Half out of spite.
No kidding! I had to restrain myself from saying a few choice words to the advisor after I discovered this.
by david3213
Thu May 02, 2019 3:41 pm
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

I won't attempt to answer all your questions, but it wouldn't be a tough choice for me to sell every mutual fund position in taxable that was less than 5% of your portfolio. That would clear out several high ER funds. Next, I'd work on selling the larger holdings with high ERs. Lastly I'd work on t...
by david3213
Wed May 01, 2019 10:16 am
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

If you want to clean up the stocks in your wife’s portfolio with high ERs / WEC 14% and you expect your marginal tax bracket/capital gains rate to remain the same for the next couple years, you might consider selling as much as possible in 2019 without moving into a higher tax bracket or incurring ...
by david3213
Tue Apr 30, 2019 12:20 pm
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Re: Help simplifyng complex portfolio after firing AUM advisor

I already have "fired" my advisor and transferred my assets to Vanguard. I sold all assets with a loss and moved them to Vanguard funds. Right now I'm a bit unsure what to do next since there's a significant amount of capital gains sitting in the remaining funds and/or stocks. I'm very hesitant to s...
by david3213
Tue Apr 30, 2019 11:06 am
Forum: Personal Investments
Topic: Help simplifyng complex portfolio after firing AUM advisor
Replies: 21
Views: 2279

Help simplifyng complex portfolio after firing AUM advisor

I'm looking for feedback on my portfolio. Emergency funds: 3 months of expenses Debt: No debt (credit cards paid in full each month) Tax Filing Status: Married filing jointly with dependent children Tax Rate: 22% Federal, 9% State State of Residence: OR Age: 35-40 Income: Approx. 190,000 per year (b...