Bogleheads.org

The above leaves me almost single-handedly paying that mortgage until I'm nearly 70 years old (wanted to retire at 60). If a really promising startup comes along, I'd have to let it pass me by, and am chained to big-tech middle management roles with no flexibility to chase good (but risky) opportunities for the rest of my career. There's also growing sentiment in California that 2023 isn't a temporary downward blip in tech job market, but indeed a "new lower normal", and with remote work being more viable, incomes may never recover to 2021 levels. This is pure speculation. No one knows the future. Though expecting the worse can be good. This really is close to worst case (although sure, there could *really* be worse...). This ass...

speaksoftly wrote: ↑Tue Feb 21, 2023 8:24 pm The above leaves me almost single-handedly paying that mortgage until I'm nearly 70 years old (wanted to retire at 60). If a really promising startup comes along, I'd have to let it pass me by, and am chained to big-tech middle management roles with no flexibility to chase good (but risky) opportunities for the rest of my career. There's also growing sentiment in California that 2023 isn't a temporary downward blip in tech job market, but indeed a "new lower normal", and with remote work being more viable, incomes may never recover to 2021 levels.

This is pure speculation. No one knows the future.

Though expecting the worse can be good.

retiredjg wrote: ↑Sat Feb 11, 2023 8:08 am I would sell lots with losses to use for the mega-backdoor. No brainer to me. If needed, I would also sell lots with gains - which I would offset with the losses - to use for the MBD. If needed, I would sell lots with small gains for the MBD.

I have over $120K with about $5K of gains. That's what's at my disposal.

I have a new employer that offers a plan that allows after tax 401K contributions to be rolled over in service to a Roth account. I’ve heard of this be called a mega backdoor Roth 401K option. I have good low cost options in my 401K. I don’t have the cash flow at the moment to fund this out of my paycheck. However, over the years I’ve built up a taxable brokerage account with broad based index funds. Some of the lots have losses that could be harvested. Does it seem like selling these lots in my taxable account to help fund my mega backdoor Roth would be a good idea? I could tax loss harvest on my taxes and after following the necessary rules to avoid a tax sale, invest in the same funds in my 401K. Also, for lots with losses it seems like ...

#Cruncher wrote: ↑Sun Jan 01, 2023 10:12 pm

snackdog wrote: ↑Sun Jan 01, 2023 8:38 pm I would target buying the $100,000 loan for $75k or less.

That would provide a nice return. From 14.3% if the loan runs the full eight years up to 37.7% if it's paid off after just one year. Computed with the Excel RATE function.

Code: Select all

14.3% = 12*rate(96,1314.14,-75000,    0,0)
37.7% = 12*rate(12,1314.14,-75000,89957,0)

Interesting. My intuition is that you’d not want people to repay the loan faster than necessary.

I don't understand your question. If the mortgage has $100k outstanding with 6% interest rate, then the present value is $100k. Perhaps you meant if you have a magic investment that will give r% return, you want to know the present value of these payments. Here I assume 6% means 6% per annum compounded monthly and you have 8 years in the mortgage. Step 1: Compute the monthly payment of the mortgage. The future value of 100k is 100000(1+0.06/12)^96, ignoring the dollar sign for clarity. Let X be the monthly payment with first payment due at the end of the first month, the future value of the first payment X is X(1+0.06/12)^95, the future value of the first payment X is X(1+0.06/12)^94 and so on to get X(1+0.06/12)^95+X(1+0.06/12)^94+...+X =...

We are in our early 30s with about a $600K nest egg of index funds and a couple hundred thousand dollars in home equity. Due to some job changes in the past 3 years, almost all of our nest egg was built in the past few years. We invest about $120K per year and have a pretax household income of about $300K. I expect our household income will increase in future years. We’ve recently been considering gestational surrogacy. I’ve read that it can cost between $100K-$200K if paid completely out of pocket, though our employers will chip in about $50K. The only reason we wouldn’t do the surrogacy is cost. The idea of spending up to $150K out of pocket (after employer contributions) is really scary. Our other aspirations in life are some travel and ...

martint wrote: ↑Sat Dec 31, 2022 2:54 pm The mathematical concept you’re looking for is called Net Present Value (NPV). You didn’t specify how much time is remaining on the mortgage, you’ll need that to do the calculation. You can calculate NPV in a spreadsheet tool like Excel or Google Sheets.

https://www.investopedia.com/terms/n/np ... -value-npv

I think there is 8 years left on the loan

Imagine that I’m considering buying a mortgage that someone else holds. And to make the math easy, let’s say that there’s $100,000 left on the mortgage and the interest rate is 6%.

Does anyone have a sense of how to mathematically figure out the present value of the mortgage? It has to be at a low enough price so that I’m willing to give up a lump sum to take it over, while high enough that the current holder of the mortgage is willing to give up the stream of payments. And let’s not forget the additional risk that the person buying the property will pay the mortgage off early.

Anyone have any tips or resources?

Sounds like you want a fancy house in a prime location as your first home. That's a tall order. Most people start out with a few compromises for their first home. Ours was 3x income and in a marginal inner city neighborhood LCOL area. Had heaps of issues, despite just having been cosmetically renovated. Second house was 4x income in the outer reaches of the SF Bay Area - a new attached condo with one-car garage, walk to BART. We gradually worked our way up, through quite a few more properties and moves. If you want to start at the top, renting for a couple decades may be your best bet. Take a look at the original post. I’m not saying I want a fancy house. I’m saying that I want to spend my non-working hours with my children and don’t want ...

Nate79 wrote: ↑Thu Dec 29, 2022 10:14 pm It seems there are two issues. In your area your income is not really that high. And two, that people in your area overspend on a house (are probably living beyond their means, keeping up with the Joneses, and not sa king much for retirement accordingly).

Which crowd do you want to be a part of?

Save up to where you have a sufficient down payment to make the mortgage no more than 3x income.

True. We don’t make that much relative to others in the city. Still pretty early career though, so I guess that could change.

Normchad wrote: ↑Thu Dec 29, 2022 9:50 pm I can absolutely relate to this. When I was looking for great schools, the cheapest houses where I wanted to live were $600K tear downs. This was in 2010. I just couldn’t swing it. So I bought a house about 45 minutes further out…. Got good schools.

But it is intensely discouraging when your income is top 5% in the US, but still not enough to support the life you want in a HCOL area.

Yes, it feels like we’ve “made it” in some ways but still can’t even buy ourselves a decent home. Really depressing.

[Merged into previous thread by Moderator Misenplace] I live in a high cost of living area and am interested in buying a renovated single family home with a reasonable commute and good schools. Nothing fancy - I just don’t want to spend all of my family time on the weekends working on a fixer upper. I also want a good education for my kids. What I’ve noticed is that despite my $300K-$350K household income, buying a decent house with a good commute and good schools isn’t possible within the boglehead advice of spending 2x or 3x on a home. Anyone in a hcol can relate to my situation? What did you do? Just rent for 30 years?! I’m honestly a little depressed that with a decent household income I can’t provide the home that I had hoped for to m...

I’m an index investor and am committed to the approach. And while I don’t believe in trying to stock pick, I get uneasy working for a large tech company (it’s a FAANG company) and holding a fund like the SP500 given that large tech companies make up a large portion of the fund. It seems like my RSUs have take a hit this year at the same exact time that my market weighted indexes have taken a dive too. This, I’ve been thinking about how to diversify and mitigate this risk to the best of my abilities. I’ve begun thinking about adding ETFs that told towards small cap value stocks so that my investments are less correlated with income from my job. I want my investment capital to be less correlated with my human capital. Does this seem reasonab...

OP, what is the risk you are trying to hedge by tilting away from your employer? Strange this wasn't posted when FAANG stocks were on a 10 year blitz of overperformance, but they under perform for 6 months and tech goes on a layoff and now we have ideas to sell low and buy small cap in order to "diversify". It sounds like you work in a layoff rich corporate environment and need a larger bond allocation in case it hits you personally, not some new investment strategy. The point of diversification is to ENSURE investors recieve market returns (no more no less), since the likelihood of continuous/repeatable outperformance in an efficient market through tilts is not a smart bet. I agree with this. I never understood the idea of attem...

OP, what is the risk you are trying to hedge by tilting away from your employer? Strange this wasn't posted when FAANG stocks were on a 10 year blitz of overperformance, but they under perform for 6 months and tech goes on a layoff and now we have ideas to sell low and buy small cap in order to "diversify". It sounds like you work in a layoff rich corporate environment and need a larger bond allocation in case it hits you personally, not some new investment strategy. The point of diversification is to ENSURE investors recieve market returns (no more no less), since the likelihood of continuous/repeatable outperformance in an efficient market through tilts is not a smart bet. No, it’s not “strange” that I’m posting this question n...

stan1 wrote: ↑Sun Dec 18, 2022 10:46 am There's also a matter of degree here.

Do you earn $500K/year, spouse works for same FAANG, have $5M in FAANG stock/RSUs, own a $3M home in Seattle in a neighborhood filled with other FAANG(M) employees, and $1M in other accounts?

Or do you earn $250K/year, spouse works for state, have $200K in stock/RSUs, rent, and have $1M in other accounts?

Those are two contrived extreme cases, but the risks and maybe the alternatives to consider are different and the final decision could be very different.

We’re closer to the second situation you described. For example, we have a “starter home” in Seattle. It’s expensive for sure, but the neighborhood is full of non tech workers. Spouse essentially has a decent paying gov job.

I’m an index investor and am committed to the approach. And while I don’t believe in trying to stock pick, I get uneasy working for a large tech company (it’s a FAANG company) and holding a fund like the SP500 given that large tech companies make up a large portion of the fund. It seems like my RSUs have take a hit this year at the same exact time that my market weighted indexes have taken a dive too. This, I’ve been thinking about how to diversify and mitigate this risk to the best of my abilities. I’ve begun thinking about adding ETFs that told towards small cap value stocks so that my investments are less correlated with income from my job. I want my investment capital to be less correlated with my human capital. Does this seem reasonab...

I’m an index investor and am committed to the approach. And while I don’t believe in trying to stock pick, I get uneasy working for a large tech company (it’s a FAANG company) and holding a fund like the SP500 given that large tech companies make up a large portion of the fund. It seems like my RSUs have take a hit this year at the same exact time that my market weighted indexes have taken a dive too. This, I’ve been thinking about how to diversify and mitigate this risk to the best of my abilities. I’ve begun thinking about adding ETFs that told towards small cap value stocks so that my investments are less correlated with income from my job. I want my investment capital to be less correlated with my human capital. Does this seem reasonab...

If one owns a Total US Stock Market Index fund and Total International Stock Index fund, then one is as diversified as one can get with respect to publicly traded stocks. If one tilts toward small cap value, then one becomes less diversified and is making a bet on a specific market "sector." My portfolio has below the market weight of large caps and is tilted to small-cap value, but not because of a desire for the portfolio to be more diversified. Maybe diversification wasn’t the right framing for the problem. I really mean that I want to reduce the correlation between my human capital (my day job at a FAANG tech company) and my investments. Don’t you agree that a SCV tilt would achieve that goal? Another solution for this specif...

I’m an index investor and am committed to the approach. And while I don’t believe in trying to stock pick, I get uneasy working for a large tech company (it’s a FAANG company) and holding a fund like the SP500 given that large tech companies make up a large portion of the fund. It seems like my RSUs have take a hit this year at the same exact time that my market weighted indexes have taken a dive too. This, I’ve been thinking about how to diversify and mitigate this risk to the best of my abilities. I’ve begun thinking about adding ETFs that told towards small cap value stocks so that my investments are less correlated with income from my job. I want my investment capital to be less correlated with my human capital. Does this seem reasonab...

snowday2022 wrote: ↑Sat Dec 17, 2022 10:08 pm Yes. And buy international and EM to complete your equity diversification.

Already hold a total international stock fund at 30% of my equity exposure.

I’m an index investor and am committed to the approach. And while I don’t believe in trying to stock pick, I get uneasy working for a large tech company (it’s a FAANG company) and holding a fund like the SP500 given that large tech companies make up a large portion of the fund. It seems like my RSUs have take a hit this year at the same exact time that my market weighted indexes have taken a dive too. This, I’ve been thinking about how to diversify and mitigate this risk to the best of my abilities. I’ve begun thinking about adding ETFs that told towards small cap value stocks so that my investments are less correlated with income from my job. I want my investment capital to be less correlated with my human capital. Does this seem reasonable?

80/20 is extreme. Drive to where you have relatives and stay with them, and buy them some groceries and take them out to dinner. Have them show you the local sites. Host them the same way in return. That's how my parents did it when they and the relatives were poor. If you want to do things rich people do you will pay more. You can go during shoulder seasons. Go to national parks. Thanks for the tips. I should clarify. I don't mean dropping the cost of travel by 80%. What I meant is that say I'm planning a trip to location X and I haven't optimized travel costs at all. What are the few things I can do that will provide the biggest bang for my buck in terms of reducing costs. I like the idea of travel hacking many credit cards etc but it se...

The 80-20 rule is roughly that you can get 80% of the benefit from 20% of the actions.

What are the 20% of actions that are worth it for cheap travel? e.g., I've read tons of websites about opening and cycling through travel rewards credit cards. Is that really worth it? If not, what other things matter? Willingness to travel in the off peak? Something else?

I have a tropical trip planned in 2023 and want to know the 20% of actions that I should take give me 80% of the impact on lowering trip costs.

Sell. I own rental property - as an owner, I only consider any property which will be rent-able for about 1% of its value monthly which means your home at $270k should rent for at least $2,700/month. Occasionally I may accept a deal if it returns 10%/ annually which equals .833%/month or $2,250/month as an ABSOLUTE MINIMUM in your case. Based on this information alone, sell the house, take the money, and invest it wisely. All the best. I've heard that the 1% rule only applies for properties that you're considering buying, but that it's less helpful for decision making about a property that you already have (e.g., due to factors like transaction costs). Anyone else ever hear that? Feel like it may have been on a Bigger Pockets podcast episo...

I know I should know this, but what tax form summarizes my TLH losses for the year? This is my first year TLH and I'm not sure the exact dollar amount that I've harvested in 2022. I'm guessing some tax form I get early next year will let me know but I'm not sure which one.

Thanks.

Bogleheads: My earlier link did not convince some small-cap folks that Total Stock Market is enough stocks. Perhaps these statements by Nobel Laureates will do the job: Eugene Fama : "Whether you decide to tilt toward value depends on whether you are willing to bear the associated risk...The market portfolio is always efficient...For most people, the market portfolio is the most sensible decision." Daniel Kahneman : "Investors shouldn't delude themselves about beating the market. They're just not going to do it. It's just not going to happen." Harry Markowitz: "A foolish attempt to beat the market and get rich quickly will make one's broker rich and oneself much less so." Merton Miller : "Most people migh...

TSM (total U.S. stock market index fund) is the most diversified U.S. stock portfolio. Adding additional U.S. stocks reduces its diversification. Both of these sentences are false. vineviz: I respect your opinion. I gave an academic source for my statement. What is the source of your opinion? Thank you and best wishes. Taylor Jack Bogle's Words of Wisdom: "One of our most important values is candor--tell the whole truth and nothing but the truth, with no strings attached, and let the chips fall where they may." Although you didn’t ask me the question, I think an answer to this question is easy. Just listen to the recent Bogleheads on Investing podcast episode with Antti Ilmanen. There are other risk premia than the global equity ...

JSPECO9 wrote: ↑Wed Aug 24, 2022 9:48 pm Yes SCV companies (companies with lots of debt and low cash flow) crash harder than stronger companies (companies with durable competitive advantages, strong balance sheets, and healthy cash flows).

If this were not the case then there would be no reason to believe there is a risk premium, since the companies are not riskier.

Cool. Do you know where the data/evidence are summarized? I like to trust but verify: I want to see the data for myself.

I use Vanguard for all of my investments. For TLH reasons in my taxable account, I want to exchange VTSAX for FSKAX in my IRA.

Does anyone know if I can exchange these funds? Or do I have to sell VTSAX and then buy FSKAX with the proceeds? I had always assumed that exchanging funds was a way to show that funds weren't being withdrawn from a tax-advantaged account, and thus, triggering a penalty since I'm not of retirement age.

Background: I'm currently reading Antti Ilmanen’s Investing Amid Low Expected Returns . In the book he discusses risk in a variety of ways, but one definition that I found insightful was risk is “bad returns in bad times". In the book Antti also discusses the small cap value (SCV) premia. He seems to be a proponent of SCV. There tends to be two explanations for the excess returns: Behavioral (i.e., SCV stocks aren't sexy like Tesla or Apple) and risk (i.e., SCV stocks are riskier than their large/growth counterparts). Question: Does anyone know of any published papers that have examined whether SCV tends to be hit the hardest during market drawdowns? I'm asking here because I'm sure people on this board are more familiar with the fina...

livesoft wrote: ↑Tue Aug 23, 2022 8:47 am If one understands that one sells shares in one ETF and buys shares in another ETF, does one even need a guide at all?

May I suggest that you write a guide right here in this thread as you do the deed?

I would do it, but I do not own any ETF shares at all at Vanguard.

Still looking for real advice! Cryptic responses aren’t appreciated.

Title says it all. I'm looking for a step by step guide on tax loss harvesting ETFs in Vanguard. The recent changes to the user interface has made the guides I could find useless.

Please direct me to a guide if you know one that uses the updated user interface that Vanguard has implemented.

UPDATE:
Found this on Vanguard's website:https://investor.vanguard.com/investor- ... change-etf

Does this mean that I simply sell my ETFs at the lot level and then just wait for the proceeds to show up in my account? If so, how do I sell at the lot level?

placeholder wrote: ↑Tue Aug 16, 2022 4:56 pm

I hold functionally identical mutual funds in my Roth IRA or workplace 401K.

What does that mean specifically because the term in tax law is "substantially identical" so listing the funds of concern would help.

I mean that they're Vanguard mutual funds/ETFs that track the same index (e.g., VTSAX and VTI).

I'm a little late to the game but I'm trying to execute TLH in my brokerage account. I'm specifically trying to sell VOO, VTI, and VXUS. One challenge has been that I hold functionally identical mutual funds in my Roth IRA or workplace 401K. I didn't know how big of a hurdle this would present in terms of avoiding a wash sale, but I finally managed to figure out how to pause contributions and reinvestments in my tax advantaged accounts. However, the delay in figuring out these details has left two questions: 1. I've been investing in VOO and VTI for the past 2 years. When I first started considering TLH, I was in the red on each lot that I had purchased. Now, it's a mix of both gains and losses; I now show a total of $4,000 overall gain in ...

Once it's inside the IRA, you can do whatever you want. It's just the contribution to get it in there from your "outside" funds that has the annual limits. Not how much you can "invest". You might just want to find another mutual fund or ETF to invest the dividends in if you are afraid of a wash sale. Something like SCHB is Schwab's ETF version of a total market fund, but different than Vanguard's Total Market and not the S&P 500. Kind of off topic for this thread, but relevant to your post: Does Schwab have something similar in the international equity space? Wondering if they might offer a good TLH partner for my Vanguard Total International Stock ETF. swisx. more of a large blend/EAFE type fund. So it's not subst...

illumination wrote: ↑Sun Aug 14, 2022 10:02 am Once it's inside the IRA, you can do whatever you want. It's just the contribution to get it in there from your "outside" funds that has the annual limits. Not how much you can "invest".

You might just want to find another mutual fund or ETF to invest the dividends in if you are afraid of a wash sale. Something like SCHB is Schwab's ETF version of a total market fund, but different than Vanguard's Total Market and not the S&P 500.

Kind of off topic for this thread, but relevant to your post: Does Schwab have something similar in the international equity space? Wondering if they might offer a good TLH partner for my Vanguard Total International Stock ETF.

illumination wrote: ↑Sun Aug 14, 2022 10:02 am Once it's inside the IRA, you can do whatever you want. It's just the contribution to get it in there from your "outside" funds that has the annual limits. Not how much you can "invest".

You might just want to find another mutual fund or ETF to invest the dividends in if you are afraid of a wash sale. Something like SCHB is Schwab's ETF version of a total market fund, but different than Vanguard's Total Market and not the S&P 500.

The Schwab fund you mentioned is exactly what I’m going for! Moving to that from Vanguard total US stock ETF.

I max out my Roth IRA in January every year. A while ago I paused the automatic reinvestment of the dividends for the account so I could avoid a wash sale while tax loss harvesting. They're just setting in my Vanguard account. My question is how to manually invest these dividends. E.g., say that I have $200 that have accumulated. Does that mean that next January I can invest $6,200 ($6,000 for my yearly max + $200 dividends from the prior year)? What are you holding in the Roth account? An ETF or a mutual fund? If it's a mutual fund, you can just buy $200 worth and set the funding source as the settlement fund. If you're using ETFs, then the share price of the ETF comes into play, unless Vanguard is allowing you to buy partial shares of th...

I max out my Roth IRA in January every year. A while ago I paused the automatic reinvestment of the dividends for the account so I could avoid a wash sale while tax loss harvesting. They're just setting in my Vanguard account. My question is how to manually invest these dividends. E.g., say that I have $200 that have accumulated. Does that mean that next January I can invest $6,200 ($6,000 for my yearly max + $200 dividends from the prior year)? What are you holding in the Roth account? An ETF or a mutual fund? If it's a mutual fund, you can just buy $200 worth and set the funding source as the settlement fund. If you're using ETFs, then the share price of the ETF comes into play, unless Vanguard is allowing you to buy partial shares of th...

I max out my Roth IRA in January every year. A while ago I paused the automatic reinvestment of the dividends for the account so I could avoid a wash sale while tax loss harvesting. They're just setting in my Vanguard account.

My question is how to manually invest these dividends. E.g., say that I have $200 that have accumulated. Does that mean that next January I can invest $6,200 ($6,000 for my yearly max + $200 dividends from the prior year)?

Just some stats on some of the top ETF contenders. Avantis AVUV : ER = 0.25%, AUM = 3.2B, 2021 turnover = 22%. Dimensional DFSV : ER = 0.31%, AUM = 345M, 2021 turnover = NA (ETF launched in Feb 2022) iShares IJS : ER = 0.18%, AUM = 8.1B, 2021 turnover = 52% Vanguard VIOV : ER = 0.15%, AUM = 1.3B, 2021 turnover = 18% +1 using VIOV Vanguard ETF, a very reasonable SCV ETF option. I stick with Vanguard ETFs for everything. I think I've heard podcast interviews with Rick Ferri and Bill Bernstein where they've recommended that if people are going to pursue SCV, they should do so by targeting "deep" SCV funds like those from DFA. I'm assuming that they're referring to some level of research or expertise that can't be obtained via a chea...

retired@50 wrote: ↑Sun Jul 10, 2022 5:30 pm

pnw_guy wrote: ↑Sat Jul 09, 2022 7:48 pm Today I learned that I can buy non-Vanguard funds in my Vanguard account. Amazing.

Case close. Thanks to those that posted.

I'm a little surprised that you didn't already know this... (about non-Vanguard funds). I guess I thought it was common knowledge.

Regards,

What's the purpose of this post?

Today I learned that I can buy non-Vanguard funds in my Vanguard account. Amazing.

Case close. Thanks to those that posted.

CletusCaddy wrote: ↑Sat Jul 09, 2022 7:26 pm

pnw_guy wrote: ↑Sat Jul 09, 2022 7:17 pm
My question is about how I can buy a low cost SCV ETF. In listening to the Bogleheads on Investing podcast, I've heard Rick Ferri advise that investors with this interest should look for a "deep" SCV fund from a shop like DFA or Avantis (instead of a fund put together by Vanguard). Their ETFs seem reasonably priced to me so I decided that I would proceed with the purchase and then hit a snag: I need an advisor to purchase a DFA SCV ETF.

This is incorrect.

You can buy DFSV on your own.

I tried on the DFA website and was just re-routed to a list of advisors in my area. Weird.

First of all, I don't want this thread to blow up into a debate about deviating from a market portfolio! If that's your jam, feel free to post about it elsewhere. My question is about how I can buy a low cost SCV ETF. In listening to the Bogleheads on Investing podcast, I've heard Rick Ferri advise that investors with this interest should look for a "deep" SCV fund from a shop like DFA or Avantis (instead of a fund put together by Vanguard). Their ETFs seem reasonably priced to me so I decided that I would proceed with the purchase and then hit a snag: I need an advisor to purchase a DFA SCV ETF. Does anyone know how I can get a "deep" SCV ETF at a reasonable cost but with the convenience that comes with purchasing ETFs ...

We have an 2010 Subaru SUV that's been sitting in our driveway for the past couple of years and hasn't been getting much use. Besides just sitting, we also obviously have the cost of insuring it, keeping tabs current, etc. We have a different car that we use as a daily driver because it's more efficient. We're thinking about taking advantage of the fact that the used car market is fairly high and selling the Subaru. We would like to use the proceeds for some goals that are flexible but would ideally happen in the next 5 years or so. My general rule is for goals 3 years or less is to keep the money in cash. 10 years or longer, keep it in stocks. I've never had an intermediate time frame of 5 years come up before and now I'm wondering how I s...

rkhusky wrote: ↑Sat Jul 02, 2022 10:32 am

pnw_guy wrote: ↑Sat Jul 02, 2022 9:19 am Has the IRS taken an explicit stance on HSAs or 529s? Or are these in the same boat as 401K's?

The IRS is not required to explicitly address all account types. In the unlikely event of an audit, the taxpayer will need to prove that he is in compliance with the law.

That wasn't the question. The question was whether they've accounts have been explicitly named.

Has the IRS taken an explicit stance on HSAs or 529s? Or are these in the same boat as 401K's?