Search found 174 matches

by aadwen
Thu Jan 07, 2021 12:51 am
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Re: Portfolio Checkup - Feedback Appreciated

aadwen, what do you think of the input you have received so far? What actions have you taken, and will you be taking? Going to look at consolidating my post tax acccounts to fidelity. Going to research then execute backdoor Roths during 2021 in lieu of post tax accounts. Need to read the articles a...
by aadwen
Tue Jan 05, 2021 3:52 pm
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Re: Portfolio Checkup - Feedback Appreciated

Any other advice? Thanks!
by aadwen
Sun Jan 03, 2021 4:30 pm
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Re: Portfolio Checkup - Feedback Appreciated

Done and will definitely look into the backdoor Roth! Just a quick thought: Backdoor Roth It doesn’t appear either of you has any pretax IRAs, so the backdoor Roth would be an easy maneuver. What are expense ratios of DFA funds in her 457? I’d probably just use the TSM fund in that account. Also it...
by aadwen
Sun Jan 03, 2021 4:23 pm
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Re: Portfolio Checkup - Feedback Appreciated

Done and will definitely look into the backdoor Roth! Just a quick thought: Backdoor Roth It doesn’t appear either of you has any pretax IRAs, so the backdoor Roth would be an easy maneuver. What are expense ratios of DFA funds in her 457? I’d probably just use the TSM fund in that account. Also it’...
by aadwen
Sun Jan 03, 2021 10:31 am
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Re: Portfolio Checkup - Feedback Appreciated

Good morning. Any other advice?
by aadwen
Sun Jan 03, 2021 2:00 am
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Re: Portfolio Checkup - Feedback Appreciated

At your age I would avoid bonds. There is no return. Read Bill Miller's and Ray Dalio's recent blogs, letters and interviews. Good job on the 529s. Berkshire Hathaway is not a good investment in my view. It's too large and at 90 years old I think Mr. Buffett should consider retiring. With all due r...
by aadwen
Sun Jan 03, 2021 12:15 am
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Re: Portfolio Checkup - Feedback Appreciated

Just a quick thought: Backdoor Roth It doesn’t appear either of you has any pretax IRAs, so the backdoor Roth would be an easy maneuver. What are expense ratios of DFA funds in her 457? I’d probably just use the TSM fund in that account. Also it’s probably best not to use the Fidelity zero funds in...
by aadwen
Sat Jan 02, 2021 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Chase not honoring sign up bonus offer
Replies: 6
Views: 936

Re: Chase not honoring sign up bonus offer

I always take photos of the offer page when I sign up for bonuses in case something like this happens. Do you have anything liked that? If so, ask to speak to a supervisor.
by aadwen
Sat Jan 02, 2021 10:24 pm
Forum: Personal Investments
Topic: Portfolio Checkup - Feedback Appreciated
Replies: 12
Views: 1234

Portfolio Checkup - Feedback Appreciated

I really appreciate any advice. I have followed this forum for several years and read a couple books recommended here. We plan to Max His 401K, Her 457, and Her 403B in 2021. 401k and 457 were Maxed in 2020. We also plan to invest periodically into the post-tax Fidelity account, utilizing the Fideli...
by aadwen
Wed Jan 08, 2020 7:35 am
Forum: Personal Investments
Topic: Which fund to choose - Wife's 457 Plan
Replies: 11
Views: 787

Re: Which fund to choose - Wife's 457 Plan

I think you need to read the fees fine print. The vendor did a presentation at my wife's school disctrict and their management fees were like 2% plus funds fees for the 457 plan. The funs offering was limited and expensive. At 35 and assuming your wife stays at the ISD for a long time, those high f...
by aadwen
Tue Jan 07, 2020 10:39 pm
Forum: Personal Investments
Topic: Which fund to choose - Wife's 457 Plan
Replies: 11
Views: 787

Re: Which fund to choose - Wife's 457 Plan

What is the desired asset allocation? What other accounts are there, and what funds are available in each account? Please see this for information needed and format: "Asking Portfolio Questions" . Please simply add to your original post using the edit button (the pencil icon near the uppe...
by aadwen
Tue Jan 07, 2020 8:36 pm
Forum: Personal Investments
Topic: Which fund to choose - Wife's 457 Plan
Replies: 11
Views: 787

Re: Which fund to choose - Wife's 457 Plan

Wife new school district uses TCGServices as the administrator. You haven't told us what vendor she is using. The vendor matters quite a bit because they charge fees in addition to the expense ratio. You haven't told us what vendors are available to her, both in the 457b as well as the 403b. Again,...
by aadwen
Mon Jan 06, 2020 11:37 pm
Forum: Personal Investments
Topic: Which fund to choose - Wife's 457 Plan
Replies: 11
Views: 787

Re: Which fund to choose - Wife's 457 Plan

Absent any other information, I would advise her to go 100% in the Vanguard target date fund. If you want more helpful advice, add the expense ratios for all the other funds. It may be possible to build a portfolio with lower fees, especially if there are IRA accounts and you have a 401k plan. Then...
by aadwen
Mon Jan 06, 2020 9:51 pm
Forum: Personal Investments
Topic: Which fund to choose - Wife's 457 Plan
Replies: 11
Views: 787

Which fund to choose - Wife's 457 Plan

Wife new school district uses TCGServices as the administrator. She is currently in the RAMS Agressive Growth, a fund of DFA Index Funds. The expense ratios are higher than the TIAA-CREF Lifecyle Funds. QUESTION: We are 35, so the question is should stay stay as is, or move to the 2050 fund, which h...
by aadwen
Fri Jul 12, 2019 9:25 pm
Forum: Personal Investments
Topic: Teacher 403B Plans
Replies: 31
Views: 2903

Re: Teacher 403B Plans

Remember, you can always get your district to add Fidelity and/or Vanguard to the list of approved vendors. I did this in OCPS (FL) and I’m happy to help anybody do it in their district.
Can you please provide some details?
by aadwen
Fri Jul 12, 2019 12:07 am
Forum: Personal Investments
Topic: Teacher 403B Plans
Replies: 31
Views: 2903

Re: Teacher 403B Plans

A440 wrote: Wed Jul 10, 2019 5:59 am Does TCG charge a fee on top of Vanguard's expense ratio?
Hard to tell, see link below, as the fees block has a 1 in it???
http://www.tcgservices.com/docview/#/4 ... anDesc/514
by aadwen
Fri Jul 12, 2019 12:06 am
Forum: Personal Investments
Topic: Teacher 403B Plans
Replies: 31
Views: 2903

Re: Teacher 403B Plans

lakpr wrote: Wed Jul 10, 2019 4:54 am There is Fidelity too, except that there are no "two stars" next to it (meaning that they don't accept Roth contributions).
But as you said, you can ignore the rest as you have Vanguard in there.
Where do you see Fidelity?
by aadwen
Tue Jul 09, 2019 10:59 pm
Forum: Personal Investments
Topic: Teacher 403B Plans
Replies: 31
Views: 2903

Teacher 403B Plans

Wife's employer uses TCG Advisors

Check out this list of options, thank god Vanguard is on here, the rest look like garbage.

Thoughts?>

https://tcg-doclib.s3.amazonaws.com/tcg ... 195221.pdf
by aadwen
Sun Mar 03, 2019 2:35 pm
Forum: Personal Investments
Topic: Roth Overcontribution
Replies: 4
Views: 447

Re: Roth Overcontribution

Doing taxes on Turbotax. So, our MAGI went above the limit last in 2018 so a large portion of our Roth IRA contribution ($4140 each) is deemed an overpayment. This is a result of us selling our home and moving which generated work reimbursements which bumped our income into that realm. Yes I am max...
by aadwen
Sun Mar 03, 2019 2:34 pm
Forum: Personal Investments
Topic: Roth Overcontribution
Replies: 4
Views: 447

Re: Roth Overcontribution

Thanks, That looks like the way to go. Just pay the 6%, dont withdraw anything, but contribute the 2019 Max - the overpayment and apply the overpayment to next year effectively.

Good stuff, thanks.
by aadwen
Sun Mar 03, 2019 12:38 am
Forum: Personal Investments
Topic: Roth Overcontribution
Replies: 4
Views: 447

Roth Overcontribution

Doing taxes on Turbotax. So, our MAGI went above the limit last in 2018 so a large portion of our Roth IRA contribution ($4140 each) is deemed an overpayment. This is a result of us selling our home and moving which generated work reimbursements which bumped our income into that realm. Yes I am maxi...
by aadwen
Fri Dec 28, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Can I still use TurboTax this year? Any reason to use a human?
Replies: 4
Views: 294

Can I still use TurboTax this year? Any reason to use a human?

We bought and sold a home, had a mix of taxable and non-taxable relocation benefits from the move from my work, which my wife is concerned about being overly complex. I’ve always used TurboTax

Any reason to divert from my standard methods?

Thanks!

Merry Christmas!
by aadwen
Mon Aug 13, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Question on Insurance - Move wife to separate plan?
Replies: 6
Views: 793

Re: Question on Insurance - Move wife to separate plan?

AlphaLess wrote: Sun Aug 12, 2018 10:03 pm
aadwen wrote: Sun Aug 12, 2018 1:59 pm Would result in an immediate savings of $2079 (3705 vs 5784)

In the light of $6 a month premium for wife on here plan, where is the 2079 coming from?
Delta between my employee plus kids, vs entire family healthcare cost.
by aadwen
Sun Aug 12, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Insurance - Move wife to separate plan?
Replies: 6
Views: 793

Re: Question on Insurance - Move wife to separate plan?

Correct

Max out of pocket for me and kids is 12334

Me + kids 8533, Wife 6722 = 15255

Thanks!
by aadwen
Sun Aug 12, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Insurance - Move wife to separate plan?
Replies: 6
Views: 793

Question on Insurance - Move wife to separate plan?

Wife's school district covers her insurance premium, well all but $6 per month. Right now we are on a HSA through my work as a family. Should we consider moving her off? Would result in an increased in maximum out of pocket (15255 vs 12334) - $2921 increase Would result in an immediate savings of $2...
by aadwen
Wed Aug 01, 2018 11:22 pm
Forum: Personal Investments
Topic: School District 457b Plan 0.55% Fee
Replies: 3
Views: 442

Re: School District 457b Plan 0.55% Fee

I would like to put 18.5k in each. We will see how things go, will be easier when both kids are in public school next year, only 1 more year of daycare.
by aadwen
Wed Aug 01, 2018 5:39 pm
Forum: Personal Investments
Topic: School District 457b Plan 0.55% Fee
Replies: 3
Views: 442

School District 457b Plan 0.55% Fee

TCG Advisors is the plan administrator, and while they offer some Vanguard funds, their flat rate fee they charge is .55 .10% Matrix Trust/Custodian $18.50 per year + .25% of assets per year .30% Investment Advisor Fee - You pay these no matter what, even if you choose your own funds. Is this still ...
by aadwen
Sun Jul 29, 2018 11:23 am
Forum: Personal Investments
Topic: Wife’s 457 after Employer Change
Replies: 6
Views: 643

Re: Wife’s 457 after Employer Change

No I would rather just leave it where it is since it’s through fielding, has good fund choices, and will allow access if we retire early with no penalty.
by aadwen
Thu Jul 26, 2018 8:48 pm
Forum: Personal Investments
Topic: 401k loan for car payoff - bond allocation used
Replies: 13
Views: 1426

Re: 401k loan for car payoff - bond allocation used

Interesting insight, thanks everyone.
by aadwen
Wed Jul 25, 2018 11:23 pm
Forum: Personal Investments
Topic: 401k loan for car payoff - bond allocation used
Replies: 13
Views: 1426

401k loan for car payoff - bond allocation used

What are your thoughts on taking bonds from 401k, loan to myself to pay 3% car loan off and paying back into 401k?

Wouldn’t this make more sense than using cash? Effectively using the loan to increase my 401k balance?
by aadwen
Tue Jul 24, 2018 5:47 pm
Forum: Personal Investments
Topic: Wife’s 457 after Employer Change
Replies: 6
Views: 643

Wife’s 457 after Employer Change

Wife is changing school districts this year. Can she just keep her 457 account in place and open a new one at her new job or does it have to be transferred?

She had fidelity at her old district, new one appears to be limited with fees, more details to come on that.

Thanks!
by aadwen
Sun Jul 22, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Best luxury vinyl plank flooring?
Replies: 19
Views: 3255

Re: Best luxury vinyl plank flooring?

Karndean is excellent, prob the best looking stuff out there. They scan actual wood planks and print those and their planks have actual texture and have a beveled edge.

We got the hickory peppercorn color. very durable.
by aadwen
Sat Jul 14, 2018 9:13 pm
Forum: Personal Investments
Topic: Inlaws need $50k loan for new home, hard time finding lenders
Replies: 17
Views: 2607

Re: Inlaws need $50k loan for new home, hard time finding lenders

They just joined USAA and need to check with them.
by aadwen
Sat Jul 14, 2018 8:37 pm
Forum: Personal Investments
Topic: Inlaws need $50k loan for new home, hard time finding lenders
Replies: 17
Views: 2607

Inlaws need $50k loan for new home, hard time finding lenders

My wife’s parents are relocating to live near us and have sold their current home and need $50k loan to cover the delta of the new home. Lenders they have talked to say that’s below their minimum. What is the best way to secure the amount? I told him to do a 401k loan but he was concerned that he wo...
by aadwen
Wed Jun 27, 2018 9:46 am
Forum: Personal Investments
Topic: CD rates--what to do?
Replies: 45
Views: 7965

Re: CD rates--what to do?

delrinson wrote: Wed Jun 27, 2018 4:35 am
aadwen wrote: Tue Jun 26, 2018 11:28 pm i found a 2.7 @ 13 months
Where?
See my other post. Independent Bank
by aadwen
Wed Jun 27, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Bonus to pay for Moving Expenses - Due to Tax Law Change
Replies: 5
Views: 959

Re: Bonus to pay for Moving Expenses - Due to Tax Law Change

That’s not true. I’m well within the 24% bracket.
by aadwen
Tue Jun 26, 2018 11:28 pm
Forum: Personal Investments
Topic: CD rates--what to do?
Replies: 45
Views: 7965

Re: CD rates--what to do?

i found a 2.7 @ 13 months
by aadwen
Tue Jun 26, 2018 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus to pay for Moving Expenses - Due to Tax Law Change
Replies: 5
Views: 959

Bonus to pay for Moving Expenses - Due to Tax Law Change

My work has asked me to calculate how much I would like to receive to cover the tax burden of the moving expenses, due to the tax law change that occurred at the start of the year. Payroll has told me how much they plan on withholding from my paycheck, which is 29.65% of the move expense which will ...
by aadwen
Sat Jun 23, 2018 4:03 pm
Forum: Personal Investments
Topic: 2.7 13-Month CD
Replies: 7
Views: 1127

Re: 2.7 13-Month CD

Yep, with 1-year brokered CD at 2.40%, 2.7% for 13-month is great. Hopefully you won't have an emergency that requires you to do an early withdrawal, as that could result in a low or even negative return, depending on the early withdrawal terms. Kevin Thats why I only put half of my cash in there. ...
by aadwen
Sat Jun 23, 2018 3:02 pm
Forum: Personal Investments
Topic: 2.7 13-Month CD
Replies: 7
Views: 1127

Re: 2.7 13-Month CD

Independent Bank, Rockwall TX, wasnt sure on forum rules for advertising.
by aadwen
Sat Jun 23, 2018 1:18 pm
Forum: Personal Investments
Topic: 2.7 13-Month CD
Replies: 7
Views: 1127

2.7 13-Month CD

I was at my bank yesterday getting my account number so I could transfer some funds to Ally when I saw a sticker on our tellers shirt about their bonus CD offer.

Needless to say, I parked half of my emergency fund in a 13 month CD @ 2.7, seemed like a pretty solid deal.
by aadwen
Tue Jan 30, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Insurance company wants new roof after closing!
Replies: 20
Views: 11949

Help! Insurance company wants new roof after closing!

We just closed on our house on the 16th. Inspector noted some cracked shingles on roof and flashing needing repair. Had owners take care of that before we moved in. Insurance company had adjuster come by and take photos of house post closing last week and now are demanding I replace my roof or they ...
by aadwen
Sun Jan 07, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation Package - Pay 2 points for 3.5 30 year?
Replies: 14
Views: 1255

Re: Relocation Package - Pay 2 points for 3.5 30 year?

Thank you, no state tax in Texas.

Sounds like the consensus is to go ahead and do it since employer is paying me back, BUT not to do it if I wasnt Getting reimbursed.
by aadwen
Sun Jan 07, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation Package - Pay 2 points for 3.5 30 year?
Replies: 14
Views: 1255

Re: Relocation Package - Pay 2 points for 3.5 30 year?

The interest saving is what's important, not the difference in payment, because some of the difference in payment is difference in principal reduction aka equity growth. And the interest difference will be undiluted by taxation if you are both MFJ and not much of a charitable giver, because at 3.5%...
by aadwen
Sun Jan 07, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation Package - Pay 2 points for 3.5 30 year?
Replies: 14
Views: 1255

Re: Relocation Package - Pay 2 points for 3.5 30 year?

I wouldn't do it if I was paying the points, In this case it is reimbursed by my company and taxable.

So I would basically do 7200 * tax rate / $50 savings per payment

So after 2.6 years or so, the would effectively pay for my monthly HOA dues.
by aadwen
Sun Jan 07, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation Package - Pay 2 points for 3.5 30 year?
Replies: 14
Views: 1255

Re: Relocation Package - Pay 2 points for 3.5 30 year?

I wouldn't do it if I was paying the points, In this case it is reimbursed by my company and taxable.

So I would basically do 7200 * tax rate / $50 savings per payment

So after 2.6 years or so, the would effectively pay for my monthly HOA dues.
by aadwen
Sun Jan 07, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Relocation Package - Pay 2 points for 3.5 30 year?
Replies: 14
Views: 1255

Relocation Package - Pay 2 points for 3.5 30 year?

I have the opportunity to pay 2 points on a 360k loan (7200) to move the interest rate from 3.75 to 3.5 on a 30 year conventional loan.

I would be taxed on the 7200 but this seems like a no brainer.

Anyone have any good reasons not to do this?

Thanks!