Search found 9115 matches

by jebmke
Tue Jun 18, 2019 11:53 am
Forum: Personal Investments
Topic: charitable gift account ?
Replies: 9
Views: 447

Re: charitable gift account ?

If you have reached/exceeded the age for RMDs, doing a donation with Qualified Charitable Distributions (QCDs) might be a better option. The donation comes right off the top and it doesn't matter if you aren't itemizing.
by jebmke
Tue Jun 18, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: How to estimate taxes during retirement?
Replies: 15
Views: 953

Re: How to estimate taxes during retirement?

I just take estimates of my income etc. and run it through my tax software.
by jebmke
Tue Jun 18, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: Can't contact VG & "Your account information is temporarily unavailable"
Replies: 24
Views: 573

Re: Vanguard down?

I got in via web. I don't use mobile.
by jebmke
Tue Jun 18, 2019 9:47 am
Forum: Investing - Theory, News & General
Topic: Why are Vanguard's distribution dates all over the place?
Replies: 5
Views: 583

Re: Why are Vanguard's distribution dates all over the place?

I've noticed that too. it has always been this way as far as I can tell. Normally by the first of the next month, all the dividends have been paid to my sweep account. I sweep cash out of VG most months for paying bills. But my routine is to do this on the first Monday after the first day of the mon...
by jebmke
Tue Jun 18, 2019 7:37 am
Forum: Investing - Theory, News & General
Topic: VTSAX - Low Q2 dividend
Replies: 7
Views: 1028

Re: VTSAX - Low Q2 dividend

1. It's probably a quirk of timing. The March dividend was much higher this year than last. And the June dividend is a week earlier. 2. Lower dividends mean higher tax efficiency. Yay! Yes; Q1 was up ~35% if I recall correctly. I'm glad to see it come back down. I was afraid I might have to re-do m...
by jebmke
Tue Jun 18, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Doing Your Own Taxes
Replies: 36
Views: 2910

Re: Doing Your Own Taxes

If you have rentals, try Turbo Tax deluxe. I've really enjoyed it the past three years and got much bigger refunds than when I paid a "professional." I'd be interested in hearing what errors and/or omissions you found in the "professional" tax return. I prepare a lot of returns for TaxAide and we s...
by jebmke
Mon Jun 17, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: Would a war be bullish for bearish for stocks?
Replies: 14
Views: 960

Re: Would a war be bullish for bearish for stocks?

How has it affected them over the last 17-18 years?
by jebmke
Mon Jun 17, 2019 8:03 am
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 185
Views: 27866

Re: A way to "thank" posts

Accrual wrote:
Mon Jun 17, 2019 7:49 am
Send a PM. I would stop visiting this website if such Facebook-esque 'features' were ever implemented.
I think a lot of people would leave the site.
by jebmke
Mon Jun 17, 2019 7:11 am
Forum: Personal Consumer Issues
Topic: Restore Corrupted External Hard Drive
Replies: 20
Views: 1177

Re: Restore Corrupted External Hard Drive

Around 2010-2012, I backed up all my digital pictures to date on a couple external hard drives. I recently tried to open the picture files and was dismayed that they weren't accessible; the entire hard drive appears to be corrupted. Should I take this to the Geek Squad at Best Buy, or is there a be...
by jebmke
Sun Jun 16, 2019 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Doing Your Own Taxes
Replies: 36
Views: 2910

Re: Doing Your Own Taxes

I would suggest sitting down with the 2018 forms and instructions and attempt to re-create your 2018 tax return by hand. This will give you a feel for how the forms work. Then in 2019, use a retail package like H&R Block or Turbotax (not the online versions) and do your own fopr 2019.
by jebmke
Sun Jun 16, 2019 1:59 pm
Forum: Personal Consumer Issues
Topic: Keep car and pay for maintence or get new car
Replies: 22
Views: 1030

Re: Keep car and pay for maintence or get new car

if it were me, I'd keep it. Sounds like routine maintenance based on the information you provided.

edit: full disclosure - I have a 2008 RAV4 with ~100K miles. I am hoping to get another 5-10 years out of it. I'm not a car fan.
by jebmke
Sun Jun 16, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: Alternative to US Postal (USPS) for Mail Delivery of Checks
Replies: 7
Views: 466

Re: Alternative to US Postal (USPS) for Mail Delivery of Checks

Open a separate bank account. They already know who you are. The only thing you are trying to protect is the bank account number.
by jebmke
Sun Jun 16, 2019 8:59 am
Forum: Investing - Theory, News & General
Topic: Why do large personal portfolios include bonds?
Replies: 105
Views: 6732

Re: Why do large personal portfolios include bonds?

kfitz1313 wrote:
Sun Jun 16, 2019 8:57 am
Am I missing something?
The hypothetical person with significantly more than $1 million isn't spending $40K - they may be spending much more.
by jebmke
Sun Jun 16, 2019 8:57 am
Forum: Personal Investments
Topic: HNW Cash Management Options
Replies: 5
Views: 447

Re: HNW Cash Management Options

I have lived in MD for quite some time. First, the combined state and county income tax for high income people is ~ 8%. Second, over the years, I have looked at muni funds that specialize in MD TE bonds and I have not found the case to be compelling. Most of the state tax advantage has been offset b...
by jebmke
Sat Jun 15, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: Mosquitos
Replies: 42
Views: 3262

Re: Mosquitos

Get a couple of inexpensive oscillating fans.

Also, see a fairly recent long thread on the same subject.
by jebmke
Sat Jun 15, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Amended Tax Return
Replies: 6
Views: 615

Re: Amended Tax Return

Amended returns (Federal) can only be filed as paper returns.
by jebmke
Fri Jun 14, 2019 4:02 pm
Forum: Investing - Theory, News & General
Topic: VTI declares lower dividend for Q2 2019
Replies: 6
Views: 1763

Re: VTI declares lower dividend for Q2 2019

I'm glad to see it come down. Q1 for Total Stock Market was up ~35% over prior year so maybe there are some timing differences. I was a bit miffed that my tax bill was going to come in higher than I estimated but maybe not.
by jebmke
Fri Jun 14, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Disregard
Replies: 4
Views: 688

Re: Incorrect 1099R

The return needs to reflect how the 1099-R is issued unless a corrected 1099-R is issued. It is still unclear to me what happened. If you requested the rollover to be directed to a Traditional IRA, how did the funds end up elsewhere? There are three parties here: 401(k) custodian, you, IRA custodian...
by jebmke
Thu Jun 13, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: Which car to buy?
Replies: 29
Views: 2514

Re: Which car to buy?

wilked wrote:
Thu Jun 13, 2019 6:01 am
Keep the car, ask again in 3-5 years
I have a 2008 RAV4 that is just getting close to 100K; it is in great shape and I am hoping to keep it for at least another 5 years, maybe longer. I have a friend who has two Toyotas each with over 300K on them.
by jebmke
Wed Jun 12, 2019 8:20 pm
Forum: Personal Investments
Topic: VG website gone wonky?
Replies: 9
Views: 981

Re: VG website gone wonky?

check the zoom level on your browser.
by jebmke
Wed Jun 12, 2019 5:37 pm
Forum: Personal Investments
Topic: Asset allocation for those in their late fifties
Replies: 35
Views: 3597

Re: Asset allocation for those in their late fifties

Ours hasn't changed in years 40/60/0
by jebmke
Wed Jun 12, 2019 4:21 pm
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

Part of the record is also being able to demonstrate that you were in a qualified insurance plan at the time the contributions were made. My company provided a confirmation after every open enrollment that we had enrolled in an HSA compliant HDHP. I sent this along with other documents supporting th...
by jebmke
Wed Jun 12, 2019 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Which withdrawal plan or method?
Replies: 17
Views: 904

Re: What withdrawal plan or method?

Given how much discussion there seems to be about various "methods" -- some very long threads - it would be interesting to know what proportion of those who are now retired use a "method" vs no method (I would include the "Taylor Larimore Method" as a no-method system). jebmke: Sorry, but I must di...
by jebmke
Wed Jun 12, 2019 1:21 pm
Forum: Personal Consumer Issues
Topic: pc remote viewing software like teamviewer?
Replies: 10
Views: 486

Re: pc remote viewing software like teamviewer?

I use Teamviewer on a group of 50 computers used in TaxAide. It works fine.
by jebmke
Wed Jun 12, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Which withdrawal plan or method?
Replies: 17
Views: 904

Re: What withdrawal plan or method?

This is easy to answer for me. First, I read all the stuff, the blogs, the studies, the opinions. Pretty much all of them state that a sustained withdrawal rate somewhere between 3% and 5% is gonna work for most people. I discovered that our withdrawal rate is about 0.5% to 1.0%, so I stopped worry...
by jebmke
Wed Jun 12, 2019 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Which withdrawal plan or method?
Replies: 17
Views: 904

Re: What withdrawal plan or method?

I’ve used 3 different methods to calculate available income in retirement. They all came within 10% of one another. So I’d feel comfortable anywhere in that range. Others might use the lowest or highest amount, depending on their risk profile and other factors. Do you use a method in practice or ju...
by jebmke
Wed Jun 12, 2019 9:09 am
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

Was the audit more about your Sched "A" and they just threw in the 8889 to dig deeper or do you think the initial red flag was the 8889. Hypothetically, there is a cap on how much one could claim on an HSA ($3,500/$7,000) but on the Sched "A" the possibilities are endless. Generally, it's probably ...
by jebmke
Wed Jun 12, 2019 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance tax question
Replies: 9
Views: 950

Re: Inheritance tax question

kylevet wrote:
Wed Jun 12, 2019 8:57 am
Thank you Jebmke for your response - do you know if there is any Federal IRS tax liability?
Thank you, Kyle
There is no Federal inheritance tax.
by jebmke
Wed Jun 12, 2019 8:49 am
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

Your wife will be able to transfer your HSA to her HSA and still maintain the tax-preferred status of the HSA. No other beneficiary can do that except for a charity. Your wife can shred the receipts of yours which were never used. Even if you're going to use the HSA for expenses as they come up ann...
by jebmke
Wed Jun 12, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance tax question
Replies: 9
Views: 950

Re: Inheritance tax question

I don't think NY has an inheritance tax. Only a few states do (mine, MD, being one of them).
by jebmke
Tue Jun 11, 2019 9:54 pm
Forum: Personal Consumer Issues
Topic: Which shaving cream / oil?
Replies: 58
Views: 3463

Re: Which shaving cream / oil?

arcticpineapplecorp. wrote:
Tue Jun 11, 2019 8:36 pm
i use barbasol sensitive skin. cheap. no problems.
same here; but they just re-did their packaging. The can is slightly narrower and shorter but they added a large plastic cap to make it appear the same size. The contents were reduced from 7 oz to 4 oz or something like that.
by jebmke
Tue Jun 11, 2019 3:06 pm
Forum: Investing - Theory, News & General
Topic: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?
Replies: 23
Views: 2205

Re: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?

Every few years the market will tank and you will have a chance to sell everything at a loss and consolidate your holdings into one or a few lots with a new basis - in a different asset.
by jebmke
Tue Jun 11, 2019 12:35 pm
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

I don't believe we yet have a good feel for how much rigor the IRS is going to put into qualified HSA withdrawal backup. At a minimum, I'm keeping electronic copies of all backup. Paper receipts are cumbersome and many of them fade to unreadable after only a few years. that's one of the reasons I d...
by jebmke
Tue Jun 11, 2019 12:21 pm
Forum: Personal Investments
Topic: Donor Advised Fund - what to contribute
Replies: 18
Views: 1114

Re: Donor Advised Fund - what to contribute

For DAF, I'd contribute what has the highest LTCG. +1 I have Fidelity's DAF. The contribution tool will look for LTCG and select those share for contribution. Interesting. I would probably have gone the other way. I am inferring from the OP a few things. The fact that the low ER funds have signific...
by jebmke
Tue Jun 11, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: Luxembourg--worth visiting?
Replies: 30
Views: 2173

Re: Luxembourg--worth visiting?

The German city of Trier is only a 45 min train ride away from Luxembourg City. It has some interesting sites including an impressive cathedral and Roman ruins. It's also in the heart of the Mosel wine region if you're into wine. Trier is a neat little city. The Romans settled in this part of Germa...
by jebmke
Tue Jun 11, 2019 11:41 am
Forum: Personal Investments
Topic: Donor Advised Fund - what to contribute
Replies: 18
Views: 1114

Re: Donor Advised Fund - what to contribute

I always select something I have otherwise decided that I don't want to keep.
by jebmke
Tue Jun 11, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: Recommendations for "Backup" software
Replies: 40
Views: 2558

Re: Recommendations for "Backup" software

I use a script I made that uses the built-in robocopy command in Windows. I use full disk encryption on the source and backup drives. I have two external hard drives that I exchange every major update so that one backup is always offsite. This covers loss of data due to theft, fire, and failure of ...
by jebmke
Tue Jun 11, 2019 10:26 am
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

Now when picking up a prescription, this is not turned into the insurance company. I therefore do keep all of the receipts of my prescriptions All major pharmacies (and probably many smaller ones) will generate a report for you at the end of the year. I am able to do this myself online but I know i...
by jebmke
Tue Jun 11, 2019 10:12 am
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

Just curious.....I'd like to hear from anyone here that has been asked by the IRS to provide receipts to substantiate HSA withdrawals. First hand accounts only. I withdrew over $24k from my HSA in TY2018, do have receipts to substantiate the withdrawal, but don't really expect any questions from th...
by jebmke
Tue Jun 11, 2019 7:57 am
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

I don't know how the pharmas do it but service providers all have procedure codes in their billing system. I know dermos regularly do medical vs. non-medical procedures.
by jebmke
Tue Jun 11, 2019 7:46 am
Forum: Personal Investments
Topic: HSA - Save Reciepts When Paying Bills?
Replies: 36
Views: 2186

Re: HSA - Save Reciepts When Paying Bills?

If you are paying with an HSA you have MORE reason to keep the bills because they substantiate that the withdrawals are qualified. You can get a 20% penalty + taxes if those are disallowed on audit. Many service providers allow you to take a picture and save it as support. There really isn't a reas...
by jebmke
Mon Jun 10, 2019 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to buy Part D if you are subject to IRMAA?
Replies: 43
Views: 2434

Re: Does it make sense to buy Part D if you are subject to IRMAA?

I think (correct me if I am wrong) that part D of Medicare is not subsidized by Medicare. You are not correct. Part D is highly subsidized. That is a big part of why the IRMAA is applied to Part D, as well as to Part B. Where does this "subsidy" come from? I think it comes from CMS. Presumably it i...
by jebmke
Mon Jun 10, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: How to donate to a non profit organization anonymously?
Replies: 22
Views: 1705

Re: How to donate to a non profit organization anonymously?

I wonder if that would work for requesting to never get another solicitation from the charity. I have successfully gotten a couple of charities to keep me off their solicitation lists. The better ones have the ability to flag your record indefinitely. Others might remove your name but if you donate...
by jebmke
Mon Jun 10, 2019 7:09 am
Forum: Personal Finance (Not Investing)
Topic: How to donate to a non profit organization anonymously?
Replies: 22
Views: 1705

Re: How to donate to a non profit organization anonymously?

Send them a letter telling them the donation is anonymous and if they ever want to see another penny in the future to make sure it remains so. That may achieve privacy, a worthwhile goal, but it doesn't achieve anonymity. A Donor Advised Fund is probably the most practical way to make truly anonymo...
by jebmke
Sun Jun 09, 2019 4:59 pm
Forum: Personal Consumer Issues
Topic: Tree Touching Power Line - Do I Have Any Choice Other Than to Take Down the Tree?
Replies: 24
Views: 2130

Re: Tree Touching Power Line - Do I Have Any Choice Other Than to Take Down the Tree?

Our tree company has dealt with this before. They simply call the power company and someone comes out and cuts power on the line while they remove the tree. If it is an experience tree company, they should know what to do.
by jebmke
Sun Jun 09, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Checks without my account number
Replies: 39
Views: 3852

Re: Checks without my account number

My bank has the routing and account number on billpay checks. I don't worry about it. The balance in the account is always very low. On my list of things to worry about this doesn't rate very high.
by jebmke
Sun Jun 09, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Estimating Inflation in Retirement
Replies: 35
Views: 2536

Re: Estimating Inflation in Retirement

It is interesting that so many people ignore inflation in retirement planning yet it is considered one of the biggest risks for retirees. Because (some) people are not attempting to forecast inflation doesn't mean they are ignoring it. It pretty much does mean that. You're either accounting for exp...
by jebmke
Sun Jun 09, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Estimating Inflation in Retirement
Replies: 35
Views: 2536

Re: Estimating Inflation in Retirement

carolinaman wrote:
Sat Jun 08, 2019 7:44 am
It is interesting that so many people ignore inflation in retirement planning yet it is considered one of the biggest risks for retirees.
Because (some) people are not attempting to forecast inflation doesn't mean they are ignoring it.
by jebmke
Sat Jun 08, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to start outsourcing?
Replies: 21
Views: 1994

Re: How to start outsourcing?

In my area, a low cost approach to personal training is available at the local YMCA. They have people on staff who will help set up an exercise plan and the equipment is all there. The monthly fee is quite low. They also have organized classes for things like Yoga. Not sure if they charge for these ...
by jebmke
Sat Jun 08, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 141
Views: 8394

Re: Do you carry Umbrella Insurance?

MikeG62 wrote:
Sat Jun 08, 2019 10:27 am
You are exposed beyond the level of your sheltered assets. Your wages can be garnished.
That is why I always carried a fairly hefty policy when our assets were modest but our incomes were high.