Search found 273 matches

by ofckrupke
Mon Oct 23, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: FTSE All-World ex-US Small in taxable account?
Replies: 23
Views: 1050

Re: FTSE All-World ex-US Small in taxable account?

1. How would those of us cursed with AMT fill this out? Do I put my "bump" marginal tax rate due to exemption phaseout, or use 28%? And what is the tax rate on QDI? (I don't quite understand what the AMT does with them? 2. How would I go about adding in Fido mutual funds? 1. Use the bump marginal r...
by ofckrupke
Sun Oct 22, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility
Replies: 14
Views: 496

Re: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility

With respect to Real Estate, my question is does it move with stocks in most markets or does it move differently so in the case of a 10-20% market correction, would an RE fund at TiAA also probably be down 10-20%? Firstly, TIAA Real Estate Account shouldn't be confused with any(?) other quasi-publi...
by ofckrupke
Sun Oct 22, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: FTSE All-World ex-US Small in taxable account?
Replies: 23
Views: 1050

Re: FTSE All-World ex-US Small in taxable account?

You'll want to include the federal and state marginal rate assumptions in order for anyone else to know whether your numbers are of any use to them. Likewise, If your rates are not the ones morningstar used, then their tax cost #s are not of use to you.
by ofckrupke
Sun Oct 22, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility
Replies: 14
Views: 496

Re: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility

Welcome to this forum. 24% TIAA Traditional - 80% of this is in GRA’s and can be moved out at any time. You should review the TIAA contract(s), because something above is wrong; GRA is an illiquid Trad flavor, whereas SRA and GSRA are liquid. 1) should I be more in stocks with TIAA based on age, 20 ...
by ofckrupke
Fri Oct 20, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 4856

Re: I have to fire someone that I care about personally

Since the decision has already been made, just know how this ends (and indulge our small advance schadenfreude): a) before long, the new talent dumps your group for something bigger, and with the worst possible timing. Wariness over the instability paradoxically makes it harder to fill the spot. b) ...
by ofckrupke
Fri Oct 20, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: contribution limits with 403b/457/defined contribution, etc
Replies: 4
Views: 337

Re: contribution limits with 403b/457/defined contribution, etc

Employer A defined contribution and Employer B ARP definitely happen and will likely total about $20,000/yr. Are these considered 401k? The Emp_A DC plan and Emp_B ARP are known as qualified plans under IRC section 401. Questions: 1) In additional to DC/ARP contributions, I can also contribute $18,...
by ofckrupke
Fri Oct 20, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)
Replies: 39
Views: 4743

Re: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)

Doesn’t overpaying state estimated tax come back to bite you the next year? It doesn't if you overpay in a non-AMT year and get the refund in an AMT year. Oddly almost no "how-to-deal-with-the-AMT" articles mention this; editors must believe that no one sees it coming until they're actually in a ye...
by ofckrupke
Wed Oct 18, 2017 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA Annuity SRA vs. Total Bond Market - Help!
Replies: 3
Views: 335

Re: TIAA Annuity SRA vs. Total Bond Market - Help!

If the old employer's plan really does allow post-separation inbound rollover of pre-tax money from TIRAs, other old employer plans, etc, then I'd probably be doing this, if not with the entire amount available. For comparison you should use the SEC yield of the alternative (VBTLX in this case, now ...
by ofckrupke
Wed Oct 18, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Tracking HSA investment income/cost basis for CA state taxes
Replies: 18
Views: 1425

Re: Tracking HSA investment income/cost basis for CA state taxes

[...] invested the money in an intermediate-term Treasury ETF (ITE). [...] might I just as well go ahead and set the Treasury bond ETF to auto-reinvest dividends? Because this ETF distributes income monthly, I'd re-invest manually rather than automatically. It could be done on longer intervals like...
by ofckrupke
Tue Oct 17, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: HSA taxation in Calif
Replies: 21
Views: 1665

Re: HSA taxation in Calif

I let payroll contributions[1] accumulate in the interest-bearing sub-account to reduce the number of CA tax lots, and also time the share purchases to coincide with the TIPS fund's quarterly income distribution (reinvestment is automatic/forced at HealthEquity) to reduce the count of tax lots on a ...
by ofckrupke
Tue Oct 17, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: HSA taxation in Calif
Replies: 21
Views: 1665

Re: HSA taxation in Calif

Your custodian will send any needed 1099-Int or B or Div (I only ever got the first one...). Really? AFAIK only annual 5498-SA for contributions and 1099-SA for distributions are reportable by the HSA provider to the federal government, so CA holders of HSAs should not expect "mock" 1099-Int/B/Div ...
by ofckrupke
Fri Oct 13, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: "Dumb and dumber" from Allan Roth
Replies: 10
Views: 2815

Re: "Dumb and dumber" from Allan Roth

However, many residents of various other states have access to only long-term state-specific tax-exempt bond funds. Those funds have durations of 15-17 years. If interest rates were to tick up 2 percentage points, you'd expect to see the NAV fall by about 30%. Or, point another way, you'd need to w...
by ofckrupke
Fri Oct 13, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3866

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

You know better about their health. That doesn't mean you can make life decisions for them in all areas. Right. They get to make the decision about whether to hire him, or retain him, on his terms. I buy cars with voice sync for a reason, it makes talking on the phone while driving relatively painl...
by ofckrupke
Fri Oct 13, 2017 6:44 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3866

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

I think one easy solution is to put it directly in my contract that if I happen to call and the client is in the car, or they call me from the car, that they will be instructed to find another time to have the discussion. I'd just as soon not get hired at all if anyone has a problem with that, and ...
by ofckrupke
Tue Oct 10, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Mechanics of 1035 Exchange out of Whole Life - Directions Needed
Replies: 6
Views: 507

Re: Mechanics of 1035 Exchange out of Whole Life - Directions Needed

Download the VA prospectus/application packet from Vanguard and attend to the pages of the application. You will infer that the stages of back-channel transfer of your contract interest from the WL provider to the newly established VA with Vanguard's insurance company partner will not likely be visi...
by ofckrupke
Sun Oct 08, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2280

Re: Spouse gets blowouts?

gloss151 wrote:
Sun Oct 08, 2017 9:49 am
We bank $148k per year on $260k income
Regardless of which way you decide to go (standup routine xor comedy skit for multiple voices) with the material from this topic, you need to save the above for the finale (cf. "Ajax Liquor Store").
by ofckrupke
Sun Oct 08, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: PostDoc Grant - No W/H, Didn't Pay Estimated Taxes
Replies: 20
Views: 1761

Re: PostDoc Grant - No W/H, Didn't Pay Estimated Taxes

Her "taxed" portion of her paycheck now is 375 (Gross). I can make it 100% W/H but it won't come close to making up the difference. Google w-4. Download the PDF from the IRS. Look at it. Line 6 is an extra dollar amount, not a percentage, to be withheld from each paycheck. I'd be very surprised if ...
by ofckrupke
Sat Oct 07, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: PostDoc Grant - No W/H, Didn't Pay Estimated Taxes
Replies: 20
Views: 1761

Re: PostDoc Grant - No W/H, Didn't Pay Estimated Taxes

Amounts withheld by payroll at any time in the tax year are treated in formula as having been evenly distributed across the year. So your household's solution is to file a new W-4 for your wife's school payroll (and/or for you, if filing MFJ) with extra amounts to be withheld in each pay period so a...
by ofckrupke
Sat Oct 07, 2017 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: buy home with 10% or 20% down in this situation?
Replies: 17
Views: 1341

Re: buy home with 10% or 20% down in this situation?

I cannot get a loan from the 457b or 403b (I called Fidelity and asked). That's unfortunate, because this could have been much less costly than either the 10%+PMI or 20%+tax-self-mutiliation options in your OP. So much so that I think you should review both plans' Summary Plan Description documents...
by ofckrupke
Sat Oct 07, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: buy home with 10% or 20% down in this situation?
Replies: 17
Views: 1341

Re: buy home with 10% or 20% down in this situation?

OP here. Thank you for the feedback. I'm unable to get a loan from the 403b and am not able to withdraw funds from the 457b unless I separate from service (resign/retire). OK, since you weren't asked this previously: can you get a loan from the 457(b) plan? If so, what are the terms? Are you eligib...
by ofckrupke
Thu Oct 05, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 230
Views: 28796

Re: Retirement Account Stolen by Identity theft

Also why would they spoof the employer's number if they were claiming to be the account holder? To match an old "work number" on custodian's record for the account, that account holder may never have revised, even if he revised the "home number" in the years since, because he retired rather than mo...
by ofckrupke
Thu Oct 05, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 230
Views: 28796

Re: Retirement Account Stolen by Identity theft

The police should be asking who has access to that employee information at the former employer... Obviously the initiating phone number on that call was spoofed (nobody resourceful enough to use put the other elements of the theft at such distances would be dumb enough to cast suspicion on self thr...
by ofckrupke
Thu Oct 05, 2017 3:30 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront: Factor based "Advanced Indexing"
Replies: 3
Views: 1000

Re: Wealthfront: Factor based "Advanced Indexing"

How is this different from just investing in a multifactor fund? A mutual fund can't pass net realized capital losses annually to shareholders, to offset same-year gains from their other assets, or (usually better) offset their other income up to $3k per MFJ tax unit, or be carried over to subseque...
by ofckrupke
Thu Oct 05, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship between Roth IRA and 401K contribution (tax issue)
Replies: 7
Views: 579

Re: Relationship between Roth IRA and 401K contribution (tax issue)

Be aware however that other pre-tax withholding items from your payroll can also eat into the 25k box 1 budget....like an employee-paid portion of premiums for firm-provided health care, state-mandated short-term disability or workman's comp insurance, etc. Oh my gosh - I am paying about $1,000/mon...
by ofckrupke
Thu Oct 05, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: Muni Bond Funds With Regard to Puerto Rico
Replies: 14
Views: 939

Re: Muni Bond Funds With Regard to Puerto Rico

The semi-annual report for the Vanguard Municipal Bond Fund dated April, 2017 shows the following: The intermediate tax exempt bond fund has 0.1% of its portfolio in Puerto Rico bonds. The short term tax exempt bond fund has no Puerto Rico bonds in its portfolio. The footnotes to these asset entrie...
by ofckrupke
Thu Oct 05, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Relationship between Roth IRA and 401K contribution (tax issue)
Replies: 7
Views: 579

Re: Relationship between Roth IRA and 401K contribution (tax issue)

[...] I would be contributing a total of $37,000 to retirement accounts, an amount in excess of my $25,000 earned income. This looks too good to be true. It's true. Unless the firm's plan disallows a mix of pre-tax and Roth 401k contributions, you could split the 18+6k catchup as 12k Roth and 12k p...
by ofckrupke
Wed Oct 04, 2017 5:11 pm
Forum: Personal Consumer Issues
Topic: Driving from Boise to Missoula: Best Route?
Replies: 11
Views: 806

Re: Driving from Boise to Missoula: Best Route?

The last 10-12 miles of the segment from Idaho City into Lowman is a winding descent with some decreasing radius turns for extra challenge, but that is really the only part of the second route that I recall as burdensome to drive. The scenic classification is merited.
by ofckrupke
Wed Oct 04, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Fund Changes
Replies: 4
Views: 913

Re: Vanguard Target Fund Changes

Welcome. Your employer evidently changed its plan to use Vanguard-managed Collective Investment Trusts (CITs) for its target-date investment menu instead of mutual funds. CITs operate a little differently from mutual funds in that they don't cast off dividends - the value per investment unit or shar...
by ofckrupke
Wed Oct 04, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 97
Views: 8395

Re: New HSA provider Lively offers investments for $30/yr fee

One additional tidbit with Lively: they take the $2.50/month investment fee from your linked bank account not your HSA cash account or your TD Ameritrade investment account. That's good! Clearly they have thought through how to maximize for investments in the HSA. :-) It's also particularly attract...
by ofckrupke
Tue Oct 03, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: DCP [Univ. of CA Defined Contribution Plan]
Replies: 8
Views: 593

Re: DCP [Univ. of CA Defined Contribution Plan]

My question is if I have pre-tax IRA, does converting to my post-tax DCP to roth apply to pro-rata rule to my existing pre-tax IRA? Per compus rep from fidelity said, the pro-rata rule is usually for backdoor and DCP to Roth is different pathway and pro-rata rule doesnt apply. I want to confirm if ...
by ofckrupke
Mon Oct 02, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Contribute to both HSA and FSA in same year?
Replies: 16
Views: 1014

Re: Contribute to both HSA and FSA in same year?

Spirit Rider: FSAs come with either a 2 1/2 month grace period or up to $500 carry over determined by the plan. If there is an FSA balance at the end of the plan year this can cause HSA ineligibility. Three months for the former and the entire following plan year for the latter even after the carryo...
by ofckrupke
Mon Oct 02, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Contribute to both HSA and FSA in same year?
Replies: 16
Views: 1014

Re: Contribute to both HSA and FSA in same year?

Thank you for the information. We used up all the money in the 2017 FSA early on in the year. Whether you've exhausted the funds before the end of the FSA plan year doesn't matter - the coverage lasts until the end of the plan year, unless there is an early termination event such as end of employme...
by ofckrupke
Sat Sep 30, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k: post vs pre tax balances
Replies: 1
Views: 191

Re: Fidelity 401k: post vs pre tax balances

View by source.

At least this works for me at Fidelity with a 403(b) having a Roth sleeve as well as pre-tax.
by ofckrupke
Sat Sep 30, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 96
Views: 9557

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

Spirit Rider wrote:
Sat Sep 30, 2017 7:44 pm
Under exactly what provision would another employer's SEP IRA ever be included?
That would be a question for HR at IU.

Having a prior understanding more or less in accord with yours (if less solidly grounded), I was very surprised to read that...but too fatuous to challenge it.
by ofckrupke
Sat Sep 30, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 96
Views: 9557

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

First I want to augment my prior reply by noting that as SEP admin you have options to correct an excess annual addition situation; it's just that if you don't, the 403(b) sponsor will be obliged to, but by that time the remedy may be messier. Thank you for the quick response! Very helpful. Unfortun...
by ofckrupke
Sat Sep 30, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 96
Views: 9557

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

1) Is there any combined limit I'm overlooking here? For the per-employer limit on annual additions ($54k in 2017), you are considered the employer for your elective 403(b) contributions. Your private practice SEP is also under your control (search on "controlled group"), and the SEP is a qualified...
by ofckrupke
Fri Sep 29, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Think I Should Dump this Whole Life Policy
Replies: 13
Views: 1148

Re: Think I Should Dump this Whole Life Policy

You can't claw back the initial setback in a swell foop, but seems like based on the guaranteed column it's now paying 3+% annually on existing cash value, plus the value of the insurance. For now, that's better than your G fund. Since you do have a nonzero bond allocation target (30% from another t...
by ofckrupke
Wed Sep 27, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3841

Re: Tax saving strategies for DINKs

You sure about this? I pay AMT and my rate is 33%. The highest tax bracket for the AMT is 28%. If you are in the phase-out of AMT personal exemptions, your marginal AMT rate is 35%. But the OP, who is in the highest federal income tax bracket, is beyond that phase-out range and thus has a marginal ...
by ofckrupke
Fri Sep 01, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Contract Exchange vs Rollover
Replies: 3
Views: 309

Re: Contract Exchange vs Rollover

Obviously your plan administrator also has an interest in seeing that the contract exchange is properly reported/nonreported, since compliance with section 403(b) and derivative regulations is a part of retaining the plan's tax-favored status. So, you probably want to coordinate your inquiries and a...
by ofckrupke
Wed Aug 30, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: VG tax exempt or VG total bond fund for me?
Replies: 10
Views: 908

Re: VG tax exempt or VG total bond fund for me?

If some qualified dividend income from stocks(funds) is now taxed at 0%, then the additional tax owed due to an additional dollar of interest income from a taxable bond fund will be 15 cents... plus 15 cents for the dollar of qdiv income displaced from 0% taxation to 15% taxation by the dollar of i...
by ofckrupke
Wed Aug 30, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: VG tax exempt or VG total bond fund for me?
Replies: 10
Views: 908

Re: VG tax exempt or VG total bond fund for me?

If some qualified dividend income from stocks(funds) is now taxed at 0%, then the additional tax owed due to an additional dollar of interest income from a taxable bond fund will be 15 cents... plus 15 cents for the dollar of qdiv income displaced from 0% taxation to 15% taxation by the dollar of in...
by ofckrupke
Sat Aug 26, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: 1035 exchange WL-> Fidelity annuity, tax ramifications?
Replies: 7
Views: 582

Re: 1035 exchange WL-> Fidelity annuity, tax ramifications?

It may be possible to extract the basis prior to a planned exchange by surrendering part of the policy (in the example, reducing the portion remaining in force to ~40% of original). First, partial surrender would have to be an option under the terms of the policy. As for extraction of basis greater ...
by ofckrupke
Sat Aug 26, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Exit Strategy from Northwest Mutual Advisor
Replies: 13
Views: 1654

Re: Exit Strategy from Northwest Mutual Advisor

I spoke with a Vanguard agent today and as you predicted, they will not allow us to combine the cash value of the policies. However, they will allow us to pay up the difference between cash value and the 5k minimum (in this case, $3400), and it will be included in the cost basis. So, the way I see ...
by ofckrupke
Sun Aug 20, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: 1035 exchange WL-> Fidelity annuity, tax ramifications?
Replies: 7
Views: 582

Re: 1035 exchange WL-> Fidelity annuity, tax ramifications?

is the basis still considered to be 50k and now the gain is 350k? Yup, that's how it works. The basis doesn't grow except by premiums you might choose to pay in after the exchange, and is only reduced due to withdrawals that exhaust/exceed any value above the immediately prior basis. Another way of...
by ofckrupke
Sun Aug 20, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: 1035 exchange WL-> Fidelity annuity, tax ramifications?
Replies: 7
Views: 582

Re: 1035 exchange WL-> Fidelity annuity, tax ramifications?

there's no stratification of the WL's cost basis from its earnings on the way in to the annuity, or ability to split them into separately investable envelopes within the annuity. Within the annuity, it's all just money, and the basis is inherited from the exchanged product(s). Withdrawals from an an...
by ofckrupke
Sat Aug 19, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Mistake in payroll deduction for tax-deferred
Replies: 7
Views: 703

Re: Mistake in payroll deduction for tax-deferred

I see; the scheme was to contribute 24k pre-tax as 2k/month plus 12k Roth as 1200/month through October, presumably sending in a new Salary Deferral Election (SDE) document to stop the Roth contributions with effect 1Nov2017 while maintaining the pre-tax contributions at the prior level. Evidently t...
by ofckrupke
Sat Aug 19, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Mistake in payroll deduction for tax-deferred
Replies: 7
Views: 703

Re: Mistake in payroll deduction for tax-deferred

Since August is the eighth month and 7*(2000+1200) + (1600+0) = 24000, it looks like they have you on the regular 50+ catchup regime/limit this year, rather than the special catchup limit that you evidently were able to exploit to contribute $36k last year. So: either the option to use the special c...
by ofckrupke
Fri Aug 18, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: Plaintiffs win Tibble v Edison (re: lower fees in 401k's)
Replies: 3
Views: 859

Re: Plaintiffs win Tibble v Edison (re: lower fees in 401k's)

Wow. Court's rebuke of defendant's argument that 2-5 months are necessary to study/determine and execute a plan menu change, presumably including the mapping of participants' existing holdings to new menu, is likely to have unintended consequences. Apparently the duty to act immediately on a fiducia...
by ofckrupke
Thu Aug 17, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Survivor Benefit or Life Insurance -teenage daughter
Replies: 25
Views: 1908

Re: Pension Survivor Benefit or Life Insurance -teenage daughter

I can't speak to the wisdom - moral hazard of setting her up for life, etc. But on the math it's a no-brainer to take the 50% survivor. I'd worked out the breakeven discount rate as about 5-2/3% figuring your actuarial life expectancy as as 37 years to 84 and hers as a further 37 years to age 88, bu...
by ofckrupke
Thu Aug 17, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Exit Strategy from Northwest Mutual Advisor
Replies: 13
Views: 1654

Re: Exit Strategy from Northwest Mutual Advisor

Seeing as how I was wrong in part above (on beneficiary shuffling, that's allowed, not that it helps your cause), it's probably worth running by someone in annuity sales at Vanguard just to make sure I wasn't also wrong about being unable to combine your WL's current sub-entry-threshold cash value w...