Search found 93 matches

by fh2000
Mon Dec 10, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: ACA - prove you don't have income
Replies: 22
Views: 3039

Re: ACA - prove you don't have income

So, instead, he loaded the one document under just my name and the request for income verification dropped off for all of us a couple of weeks later. The Covered California system was unclear to us so it was good to have some hand-holding. Ron, On that one document, did you list your and your spous...
by fh2000
Sun Dec 09, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: ACA - prove you don't have income
Replies: 22
Views: 3039

Re: ACA - prove you don't have income

The only verification they (California) asked for was verification that I had enough income to qualify for ACA instead of Medicaid. They seemed to take my word for the subsidy part. I think I sent them a brokerage statement showing a traditional IRA withdrawal. Then when I went to send them proof o...
by fh2000
Wed Dec 05, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Medi-cal vs ACA market subsidy in unemployment
Replies: 4
Views: 435

Re: Medi-cal vs ACA market subsidy in unemployment

I know in CoveredCA, you can start your ACA or Medi-cal on 2/1/19. You can sign up between 12/16/18 and 1/15/19. I will be doing the same. So, if you can get 2 months Cobra free, I would at least get that. You can call CoveredCA: (800) 300-1506. I have called them few times during the past 2 weeks, ...
by fh2000
Sat Dec 01, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: ACA Question
Replies: 4
Views: 521

Re: ACA Question

We have the same situation. We are in California with CoveredCA and it does not allow adult child filing independent be part of the family policy. So, the option to go with ACA will be the 2 parents getting one policy, and the child getting a separate policy assuming child can earn > $16,765. Our ot...
by fh2000
Tue Nov 27, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: Google Voice, do unused numbers get deleted?
Replies: 21
Views: 2069

Re: Google Voice, do unused numbers get deleted?

I set up GV phone number a few years ago when the SSA had the brilliant idea to use 2FA and required you to get a text. A ton of older people (75+) probably have no idea what that is or how to do it or don't have a phone that can receive a text (my case). So I got a GV phone number that can receive...
by fh2000
Wed Nov 21, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: How did I miss this? Roth 401K
Replies: 29
Views: 4628

Re: How did I miss this? Roth 401K

Assets held in a ROTH 401k are subject to RMDs. Assets held in a ROTH IRA are not. ROTH 401K withdrawal is tax free, according to this article: http://time.com/money/4258994/traditional-401k-roth-401k-retirement/ "With a Roth 401(k), you pay taxes up front. In other words, you contribute to your re...
by fh2000
Sat Sep 08, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Ancestry / 23andMe
Replies: 87
Views: 9143

Re: Ancestry / 23andMe

My daughter has been asking me to do the 23andMe. She is 14 and we adopted her from China 12 years ago. Is it worth it? I wander how useful this type of test is if you are Chinese. I always think that this is designed if your ancestors are from Europe. Chinese were mixed with Mongolians, Manchurian...
by fh2000
Thu Dec 07, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Deluxe Online for 2017
Replies: 13
Views: 2696

Re: TurboTax Deluxe Online for 2017

According to TT web site, if you go to the ask questions part, it leads you to the info that all download/CD versions handle all forms. There is a list for each version, and Deluxe has all I need, including A,B,C,D and more. This is exactly what I mentioned: The ONLINE version is different from the...
by fh2000
Wed Dec 06, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 25980

Re: Do people still use AAA?

Few months ago, I got stranded on the highway. Called Chase road side assistance. They got my info and hand it off to tow truck provider. Waited for 2 hours and when I called back, the service was cancelled without any explanation. Chase gave the "there's nothing we can do" reply and I was fuming. ...
by fh2000
Sat Nov 18, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 50327

Re: MoviePass-Too good to be true, but it's legit.

malabargold wrote:
Fri Nov 17, 2017 6:23 pm
I re-signed for the $6.99/month plan myself -

But we plan to see a lot of movies in the next 2 months
because the glide path does not look encouraging
So, if I want to go to movies with my wife, we both have to sign up for our own account?
by fh2000
Fri Nov 10, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Out of network care
Replies: 96
Views: 7348

Re: Out of network care

This is a great thread for me to understand Kaiser's HMO model. I am in Southern California and am close to a Kaiser hospital. I am thinking about early retirement next year. I will have 3-4 years before medicare. My choice of healthcare in our area is limited thru ACA. Kaiser is one option for me. ...
by fh2000
Sat Sep 16, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their umbrella insurance?
Replies: 129
Views: 20127

Re: Who has needed to use their umbrella insurance?

I have auto, home, and umbrella all covered by the same insurance company. I have not used my umbrella, and hope I don't have to use it. I have 2 young drivers on my policies. One of my adult children is now away from home without a car. I am thinking of dropping the child from family group auto ins...
by fh2000
Mon Sep 11, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA and 401K after intern job
Replies: 1
Views: 280

Roth IRA and 401K after intern job

My son earned $9000 thru his summer intern job. Company also allow interns to contribute to 401K. He put in about $2000 into it. Each year, I also helped my kids with their Roth IRA and put in the full $5,500 into their Roth IRA. Since there is a 401K involved this year. How much Roth IRA can I help...
by fh2000
Sat Sep 09, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: Costco executive members now earn 2% on travel
Replies: 7
Views: 1404

Re: Costco executive members now earn 2% on travel

Costco Visa cardholders earn 3% on travel charges. The 2% executive rebate on travel is an "and" independent of any CC rewards. You can use whichever card you want to pay for the travel: costco visa, chase sapphire reserve (also 3%) or other. The 2% is additional as an annual reward if you're an ex...
by fh2000
Wed Sep 06, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: What is the main purpose of holding your current job?
Replies: 66
Views: 7214

Re: What is the main purpose of holding your current job?

FinanceGeek wrote:
Wed Sep 06, 2017 9:37 am
1.5 --> it provides access to large group health insurance, with a much better provider network than I could get (at any price) with individual HI
+1 Same here.
by fh2000
Fri May 26, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3068
Views: 599981

Re: What's Your Credit Card Rewards Strategy?

I downloaded her credit report from annualcreditreport.com, and see those accounts. No other suspicious accounts open. Another thing, YOU should not be downloading her credit report from annualcreditreport.com. She should be doing this. It is technically fraud for you to access your spouse's credit...
by fh2000
Fri May 26, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3068
Views: 599981

Re: What's Your Credit Card Rewards Strategy?

I opened the below 4 in the last 6 months: Chase Sapphire Reserve Chase Southwest Plus Chase Southwest Premier Chase Sapphire Preferred My wife opened the below 2 in the last 6 months: Chase Sapphire Reserve Chase IHG Rewards She has a Chase Amazon card and that was opened more than 2 years ago. Wh...
by fh2000
Fri May 26, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3068
Views: 599981

Re: What's Your Credit Card Rewards Strategy?

I opened the below 4 in the last 6 months: Chase Sapphire Reserve Chase Southwest Plus Chase Southwest Premier Chase Sapphire Preferred My wife opened the below 2 in the last 6 months: Chase Sapphire Reserve Chase IHG Rewards She has a Chase Amazon card and that was opened more than 2 years ago. Whe...
by fh2000
Thu Apr 13, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Working without an office - Strategy
Replies: 29
Views: 2584

Re: Working without an office - Strategy

Our local mall has climate control, free parking, free wi-fi, and open till 9PM. There are plenty of chairs and some corners are very quiet.
by fh2000
Wed Apr 12, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Severance
Replies: 16
Views: 2320

Re: Severance

My experience with outplacement service is that they show you how to prepare your resume and how to conduct interview. I never used these services when I was in your situation. Are you asking if you can receive cash for this service instead of meeting with their consultant to prepare your resume? Do...
by fh2000
Tue Apr 11, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: Honda Pilot good 1st vehicle for teen?
Replies: 46
Views: 4231

Re: Honda Pilot good 1st vehicle for teen?

I drive a 2006 Honda Pilot. It is not a small car. I would trade-in the Pilot to get DW a new car. Buy a smaller 2nd hand car for your 16 year old son.
by fh2000
Sun Feb 05, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve vs. preferred after 1st yr
Replies: 7
Views: 1831

Re: Chase sapphire reserve vs. preferred after 1st yr

From ThePointsGuy's point of view, CSR appears to be superior. when looking at the benefits regarding Roadside assistance: Chase Sapphire Reserve: Rental Car Incurance Primary; provides reimbursement up to $75,000 for theft and collision Roadside Assitance Coverage up to $50 per incident 4 times a y...
by fh2000
Fri Oct 21, 2016 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 216
Views: 39714

Re: Chase Sapphire Reserve

My credit is frozen in all 3 bureaus.

To apply for this card, I will need to unfreeze first. Do I inform all 3 or does anyone know which bureau Chase is exclusively using?
by fh2000
Thu Oct 20, 2016 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Got Chase sapphire reserve credit card. Can I close C S preferred
Replies: 16
Views: 2866

Re: Got Chase sapphire reserve credit card. Can I close C S preferred

My recommendation would be to not close it, but convert it to either the Chase Freedom (1% cash back on all purchase, and 5% on rotating categories) or the Chase Freesom Unlimted (1.5% cash back on all purchases). Both cards have no yearly fees. I personally have both. I called chase and easily con...
by fh2000
Wed Jul 13, 2016 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Will/Trust for immigrant family with small children
Replies: 6
Views: 589

Re: Will/Trust for immigrant family with small children

If their countries have large enough immigrant population in California, they normally have newspapers, yellow pages, and TVs in their own language serving new immigrants. Local law firms that tailored to new immigrants will have ads on those media. So, look into those and find one from there.
by fh2000
Sun Jul 10, 2016 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Work or stay at home mom or change careers
Replies: 64
Views: 6642

Re: Work or stay at home mom or change careers

My wife and I are older, nearing retirement now. We managed to raise 2 kids with 2 income the whole time. We each acted as backup during the time of no-income and insurance for one of us. Between the 2 of us, we had 6 lay-offs during our IT careers so having one spouse at home would be very difficul...
by fh2000
Wed Jul 06, 2016 8:55 pm
Forum: Personal Consumer Issues
Topic: Experience with Honda airbag recall?
Replies: 154
Views: 39912

Re: Experience with Honda airbag recall?

My 2006 Honda Pilot driver side airbag recall was done last year. Today, I got a letter of recall for my passenger side airbag. I called the dealer and they said they will call me close to the end of August when they receive the parts. No mention of rental in the letter, nor from the dealer.
by fh2000
Wed Jul 06, 2016 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Car insurance for new driver (teenager)
Replies: 22
Views: 2132

Re: Car insurance for new driver (teenager)

The college student being >100 miles from home that people keep mentioning means >100 away from home at school WITHOUT a vehicle. Different insurance companies have different policies with this. When we were with Farmers, we have to call them each time when kids come home during break, and the summ...
by fh2000
Sun Jun 05, 2016 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Sole beneficiary as executor?
Replies: 42
Views: 4990

Re: Sole beneficiary as executor?

If the vast majority of your assets transfer to beneficiaries directly, then your Probate Estate may be small enough to qualify for a greatly simplified Probate Process in your State. Doug Not to hi-jack a thread. I have a simple question in my mind regarding to this. I am in California. If most of...
by fh2000
Mon May 23, 2016 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: I just shorted the S&P, now what do I do?
Replies: 61
Views: 8307

Re: I just shorted the S&P, now what do I do?

If OP is telling us the truth, he shorted S&P by buying 10 contracts of put. So, he actually have a long position. Each contract is now $9.35 * 100 (multiplier). 10 contracts would be $9,350. If this position expired worthless (when S&P stays above 2010), OP will lose $9,350. Puts are insurance but ...
by fh2000
Thu May 05, 2016 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Gift stock to charity. No cost base data.
Replies: 10
Views: 917

Gift stock to charity. No cost base data.

I have a stock that I own for a long time. It has gone thru splits, reverse splits, spin-off, and merger. I am not able to track down the actual cost base anymore if I sell it today. There is capital gain, and I just don't want to use $0 as my cost base, and claim the full amount as capital gain. Th...
by fh2000
Wed Apr 27, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should a 60 yr old buy her first house?
Replies: 27
Views: 3371

Re: Should a 60 yr old buy her first house?

If you never owned a home, I would not buy at the age of 60. The learning curve of owning a home is very steep and expensive. Too many things could go wrong at the house. It took me many years to build up a list of trusted plumber, gardener, Umbrella insurer, home owner insurer, HomeDepot location, ...
by fh2000
Tue Feb 02, 2016 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: 401k - Highly Compensated Employee?
Replies: 27
Views: 7329

Re: 401k - Highly Compensated Employee?

This happened to my wife. When she was in accounting department, she was deemed highly compensated, and caped her 401K percentage. After she transferred to IT, she received pay raise, and was also removed her highly compensated status, and has been able to contribute the full amount. It appears that...
by fh2000
Tue Jan 12, 2016 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 752
Views: 220564

Re: Share your networth progression

I am 60. DW is 54 1/2. We are both IT professionals. We began our career in US later in life. 1st M: took us 19 years to achieve that. Our pay was low. We bought a house, raised 2 kids. So did not save much. 2nd M: took 4 more years. 3rd M: took 3 more years. The last 6-7 years of bull market certai...
by fh2000
Sat Jan 02, 2016 1:03 pm
Forum: Personal Consumer Issues
Topic: Price to replace the catalytic converters in a Toyota Highlander
Replies: 50
Views: 7208

Re: Price to replace the catalytic converters in a Toyota Highlander

Toyotas go almost forever. Notice what they drive around the hellish terrain in Afghanistan? I would reset the light and keep driving until you actually notice an issue. Also, I suspect the gas cap issue already mentioned could be the cause. My wife has been driving her Toyota (07 Rav) for five yea...
by fh2000
Thu Dec 24, 2015 2:48 pm
Forum: Personal Consumer Issues
Topic: [Interested in driving,] Any Uber drivers here?
Replies: 32
Views: 4282

Re: Any Uber drivers here?

Uber drivers that I used are all very polite. I can sense their job opportunities are limited somewhat. One driver was a doctor from a different country, but in US, he had to put food on the table doing whatever he can. Uber is one of the sure ways to get him situated, so he is doing it. I tipped hi...
by fh2000
Wed Aug 12, 2015 11:34 am
Forum: Personal Finance (Not Investing)
Topic: umbrella coverage premiums
Replies: 34
Views: 4439

Re: umbrella coverage premiums

Gemini wrote:I just received quotes from GEICO.

1mil - 463
2mil - 764
3mil - 1112

Are these reasonable?
I am in California. Two cars with 2 young drivers. My quotes are higher than yours.
So, it depends on where you are, and how many cars/drivers you have.
by fh2000
Sat May 16, 2015 8:49 am
Forum: Personal Finance (Not Investing)
Topic: How much does social security factor into your retirement income?
Replies: 169
Views: 25757

Re: How much does social security factor into your retirement income?

I am 59, and plan to leave w*rk anytime now. I ran some numbers in FireCal.
If I am not counting SS, we can have 100% success rate for 25 years. If both of us start taking SS at 70, we will get more than 35 years. So, SS to us, is our longevity insurance
by fh2000
Wed Apr 08, 2015 9:07 pm
Forum: Personal Consumer Issues
Topic: Tree roots growing into sewer lines
Replies: 41
Views: 8612

Re: Tree roots growing into sewer lines

I used to call the plummer every year to snake out my drain line due to the same roots problem. Each time it would cost me $100-120 dollars. I finally bought a 50' Compact Electric Drain Cleaner from Harbor Freight for $200 during their black Friday sale: http://www.harborfreight.com/50-ft-compact-e...
by fh2000
Sun Apr 05, 2015 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Planning for career change and big drop in income
Replies: 14
Views: 2954

Re: Planning for career change and big drop in income

If you switch and your combined income reduced to $130K, you will not be able to afford your current spending pattern ($110k). You should find a way to reduce that first before you switch.
by fh2000
Fri Apr 03, 2015 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Need advice for 20yr taking over stocks-only custodial acct
Replies: 16
Views: 1863

Re: Need advice for 20yr taking over stocks-only custodial a

I have 2 kids in California college and both have Schwab custodial accounts. I use Turbotax and file individual tax returns for both of them. I also claim both dependency on my own return. We do not qualify for education credits and they do not have financial aids. I did some practice runs in the pa...
by fh2000
Thu Mar 26, 2015 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Great ESPP not for "ME"?
Replies: 20
Views: 2898

Re: Great ESPP not for "ME"?

I have participated ESPP for 3 companies that I worked for. One eventually went down to next to $0. But 2 took off quite a bit after years of continue purchasing. So, I tend to look at this as investment decision, rather than tax decision. The gain that I accumulated more than pay off the tax benefi...
by fh2000
Tue Mar 03, 2015 2:54 pm
Forum: Personal Consumer Issues
Topic: Tourists in Manhattan
Replies: 53
Views: 7415

Re: Tourists in Manhattan

Time Square
Central Park
China Town --- Wall street to touch that bull (just me)
by fh2000
Fri Feb 13, 2015 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: UTMA & Income/Asset Levels That Don't Receive College Aid?
Replies: 4
Views: 580

Re: UTMA & Income/Asset Levels That Don't Receive College Ai

We have a newborn and I'm thinking of opening an UTMA for gifts of cash from the grandparents. I'm estimating these gifts will amount to around $1,000 or more per year. I've read that an UTMA will negatively impact aid received for college. However, I'm not able to find out who qualifies for aid ba...
by fh2000
Fri Feb 13, 2015 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: RSU Understanding question
Replies: 8
Views: 968

Re: RSU Understanding question

The only thing I would add is that some companies "sell" some of your shares at vesting to cover your tax (basically equivalent to withholding). So in your example, when shares worth 10,000 are vested, you may only receive shares worth 7,000 because 3,000 have been used to pay the income tax. Your ...
by fh2000
Thu Feb 12, 2015 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to report gains from incentive stock options?
Replies: 1
Views: 377

Re: Do I need to report gains from incentive stock options?

How did you acquire these options? Your subject line says incentive stock options, so it indicates that these are granted by the company, but they normally do not grant after you left the company. Or, did you purchase these call options from an online broker, such as TDAmeritrade, or InteractiveBrok...
by fh2000
Thu Feb 12, 2015 4:17 am
Forum: Personal Finance (Not Investing)
Topic: College savings costs / number
Replies: 120
Views: 9539

Re: College savings costs / number

Our 2 kids are in one of the Univ of Cali schools. We saved $250,000. UC cost is about $31,000 a year. So, the savings are just enough to pay for both of them. If they want to go to graduate school, they will have to figure out on their own.
by fh2000
Mon Feb 02, 2015 11:49 pm
Forum: Personal Consumer Issues
Topic: Joining the free dinner circuit? Promises, promises.
Replies: 100
Views: 12297

Re: Joining the free dinner circuit? Promises, promises.

They think they are the irresistible force. You think you are the immovable object. You can't both be right. This has nothing to do with OP, but this reminds me of the term, 'contradiction' in Chinese which is a combination of 2 words: 'spear' and 'shield'. The story goes that a merchant yells to s...
by fh2000
Wed Jan 28, 2015 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Bring USD to Louisiana USA from Philippines
Replies: 19
Views: 2707

Re: Bring USD to Louisiana USA from Philippines

Does anyone have a lead / link where I can learn more on how FATCA will affect my Philippine funds once I become a resident or eventually, a citizen? Thanks again! If you do a Google search for "FATCA", you will get a lot of information. Here is one: http://www.forbes.com/sites/robertwood/2014/08/1...
by fh2000
Wed Jan 28, 2015 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Bring USD to Louisiana USA from Philippines
Replies: 19
Views: 2707

Re: Bring USD to Louisiana USA from Philippines

I do not know how to transfer money from foreign country to US. But, I routinely wire transfer money from my US account to a foreign country to my relatives where I came from. I pay a free to my local bank to do that: $25-$35. I make sure I do not exceed $14,000 annual gift tax upper limit. I also m...