Search found 613 matches

by icefr
Sat Jun 22, 2019 2:09 pm
Forum: Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 222
Views: 21987

Re: Suggestion for updating "Asking Portfolio Questions" thread

Hi all, I would like to kindly request that you revisit the gendered pronoun language present in the template. I do personally find it offensive. It is 2019: my marriage license used the terms “Spouse A” and “Spouse B” and so many bathrooms in my city are now gender neutral. I don’t see why we need...
by icefr
Sat Jun 22, 2019 9:44 am
Forum: Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 222
Views: 21987

Re: Suggestion for updating "Asking Portfolio Questions" thread

Hi all, I would like to kindly request that you revisit the gendered pronoun language present in the template. I do personally find it offensive. It is 2019: my marriage license used the terms “Spouse A” and “Spouse B” and so many bathrooms in my city are now gender neutral. I don’t see why we need ...
by icefr
Mon Jun 10, 2019 9:00 pm
Forum: Personal Investments
Topic: Update:High interest ARM extra payment vs. 401K...yes another one
Replies: 22
Views: 1008

Re: High interest ARM extra payment vs. 401K...yes another one

Refinancing would be ideal, but it might be tricky to find a lender that will do so at a reasonable cost when your mortgage balance is under $100,000. Worth a try if you can find one though. I wouldn’t pay a fee to recast this mortgage since that essentially happens once a year when the rate adjusts...
by icefr
Sat Jun 08, 2019 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: No term life on a visa?
Replies: 9
Views: 1209

Re: No term life on a visa?

Does your employer offer life insurance for spouses? That could be worth checking if it doesn’t have this restriction.
by icefr
Tue May 14, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Is my 2018 W2 wrong? Mismatch on last paystub
Replies: 4
Views: 247

Re: Is my 2018 W2 wrong? Mismatch on last paystub

HSA or FSA contributions, medical, dental, vision premiums would all count to reduce Social Security and Medicare wages. Also, in 2018, you didn't pay Social Security tax beyond $128,400 of income. You do pay Social Security tax on 401(k) contributions though.
by icefr
Sun May 12, 2019 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Delinquent tax filing - how to account for carryover losses?
Replies: 14
Views: 799

Re: Delinquent tax filing - how to account for carryover losses?

Have you looked at what it takes to fill out a 1040X? No, but I assumed it was even more of a pain than doing a regular 1040. Anything more than using TurboTax to file electronically gives me nightmares. I also don’t understand how it works conceptually . For example, do I first fill out and submit...
by icefr
Tue Apr 23, 2019 9:43 am
Forum: Personal Finance (Not Investing)
Topic: At a crossroads on how much to put down towards new home
Replies: 32
Views: 2486

Re: At a crossroads on how much to put down towards new home

My spouse and I were struggling with this recently. We live in a different state from you and are buying a $1.4M place. We ended up deciding to put 30% down from index funds and cash and then we will reinvest the proceeds from our apartment once it’s sold back into our Vanguard taxable. Why did we c...
by icefr
Sat Apr 20, 2019 8:13 pm
Forum: Personal Consumer Issues
Topic: Advice on non warrantable condo in Bellingham
Replies: 17
Views: 1617

Re: Advice on non warrantable condo in Bellingham

I am surprised that one owner can capture the HOA. My condo association has 350-400 units. There are 14 board member - 1 for each of 7 buildings. The president and treasurer come from members of the board. These individuals don’t have total control of money. All members should have copies of the bu...
by icefr
Wed Mar 20, 2019 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Should I refinance?
Replies: 16
Views: 1630

Re: Should I refinance?

I would just take Option 1 in case you want to refinance again. A no cost refinance always wins out.
by icefr
Wed Mar 20, 2019 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Which Mortgage/Refinance Loan would you choose?
Replies: 12
Views: 815

Re: Which Mortgage/Refinance Loan would you choose?

I would not do a cash out refi. So, option 1! Looks like it would break even in terms of interest costs after just under a year since you would save ~$2,175/year in interest over your current mortgage.
by icefr
Thu Mar 14, 2019 8:59 am
Forum: Personal Investments
Topic: HCE: What to expect when having to pay tax on excess 401k contributions
Replies: 17
Views: 2936

Re: HCE: What to expect when having to pay tax on excess 401k contributions

zeugmite wrote:
Thu Mar 14, 2019 1:05 am
What about the 10% early withdrawal penalty? Does it apply to these forced distributions?
No, it is treated as wages on the 1040, since it is a return of contribution, which would have been wages had you not contributed to the 401(k).
by icefr
Thu Jan 31, 2019 10:11 pm
Forum: Personal Investments
Topic: Should we simplify our accounts, and are we grossly mishandling our retirement plan?
Replies: 12
Views: 1335

Re: Should we simplify our accounts, and are we grossly mishandling our retirement plan?

okdan wrote:
Thu Jan 31, 2019 8:49 pm
My rollover is a little more complicated, as the $15k is 50% pre-tax and 50% roth.
I would roll the pre-tax portion to your new 401(k) and the Roth portion to your Roth IRA. That's what I did when I left my first job. Keeps things simpler.
by icefr
Tue Jan 29, 2019 9:53 pm
Forum: Personal Investments
Topic: Balancing LTCG tax hit v. getting out of high ER funds in taxable
Replies: 7
Views: 511

Re: Balancing LTCG tax hit v. getting out of high ER funds in taxable

Do you donate regularly? Have you considered donating some of these older funds? That would avoid the capital gains to get rid of these older funds.
by icefr
Fri Jan 25, 2019 8:11 pm
Forum: Personal Investments
Topic: Documenting Savings Bonds for home purchase
Replies: 1
Views: 255

Documenting Savings Bonds for home purchase

I have bought Series I Savings Bonds regularly over the last six years, so I have several purchases. My spouse and I are buying a new house soon and I'm trying to figure out how to document them so that I don't have to transfer them in before the statement periods we will show the mortgage lender. I...
by icefr
Thu Nov 29, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: 2nd marriages - any debt or credit implications
Replies: 4
Views: 671

Re: 2nd marriages - any debt or credit implications

Possibly! It sounds like a prenup or at least the discussions of one and its process could help them.
by icefr
Wed Nov 14, 2018 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 7349

Re: Wait, do I need a prenup?

I found it to be impossible to keep the gains on pre-marital 401(k) balances separate property per our state law, so we ended up keeping retirement accounts entirely separate in our agreement. I care less about the current balance and more about the growth on that balance over 30 years because assum...
by icefr
Wed Oct 03, 2018 10:02 pm
Forum: Personal Investments
Topic: What's the best method for immediately selling off my ESPP shares?
Replies: 25
Views: 2271

Re: What's the best method for immediately selling off my ESPP shares?

I always calculated the minimum share price to not end up with a loss after commissions and did a limit order for that. Why did I not want a loss? I often had new shares being purchased within 30 days and didn’t want to end up with a wash sale. Why is a wash sale a problem? I mean, I see why you wa...
by icefr
Sun Sep 30, 2018 10:02 am
Forum: Personal Investments
Topic: What's the best method for immediately selling off my ESPP shares?
Replies: 25
Views: 2271

Re: What's the best method for immediately selling off my ESPP shares?

I always calculated the minimum share price to not end up with a loss after commissions and did a limit order for that. Why did I not want a loss? I often had new shares being purchased within 30 days and didn’t want to end up with a wash sale.
by icefr
Fri Aug 24, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: Pay off mortgage with 5.12% interest rate?
Replies: 12
Views: 945

Re: Pay off mortgage with 5.12% interest rate?

I would either refinance or pay it off. We recently refinanced with Third Federal to a new ARM and got a good rate.
by icefr
Sat Aug 04, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: HDHP vs PPO with Family Planning
Replies: 16
Views: 1306

Re: HDHP vs PPO with Family Planning

Not all HDHPs are the same. I would review carefully. Ours has a $3,000 family deductible, a $3,000 individual out of pocket maximum and a $6,000 family out of pocket maximum. So if one person uses all of the services, then you don’t pay anything more once they hit their individual out of pocket max...
by icefr
Fri Aug 03, 2018 10:34 am
Forum: US Chapters
Topic: Seattle Area Chapter Meetings - Master Thread
Replies: 144
Views: 38730

Re: Seattle Area Chapter Meetings - Master Thread

TheMadEph wrote:
Wed Aug 01, 2018 11:30 pm
Eastside should have their own chapter... Seattle meetups should be in Seattle proper, so people can walk, bike, transit to the meetup. Eastside is a mess of horrible traffic.
+1
by icefr
Mon Jun 25, 2018 12:45 am
Forum: Personal Investments
Topic: Mobile deposit of Rollover Check
Replies: 15
Views: 1380

Re: Mobile deposit of Rollover Check

I was able to deposit these checks into my Vanguard Roth IRA from my iPhone in 2015 and 2016, if that helps at all.
by icefr
Wed Jun 20, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: ARM options, thought process
Replies: 8
Views: 1017

Re: ARM options, thought process

2022 is a long ways away to really worry about what the rates will look like. We just refinanced into a new 5/1 ARM with Third Federal Bank on a 10 year amortization at 3.09% a few months ago. Our plan is to pay about 1/5 of it each year for the next five years and then it’ll be paid off. That’s the...
by icefr
Tue May 15, 2018 2:12 pm
Forum: Personal Investments
Topic: Bringing individual assets into joint account
Replies: 27
Views: 1628

Re: Bringing individual assets into joint account

One thing I would caution is how the cost basis gets transferred if you move the account from individually titled to jointly titled. I did some similar research this year because my husband transferred some separate shares to my separate taxable account. The cost basis was a huge pain to transfer ov...
by icefr
Tue Apr 03, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Can I refi and still get a lower rate right now? UPDATE: Bonus HELOC??
Replies: 31
Views: 2989

Re: Can I refi and still get a lower rate right now?

Awesome, Tamarind! Hope it works out well for you. We just closed on the same mortgage terms and things went mostly smoothly and quickly. It only took us 5 weeks to close from application. We refinanced from a 5/1 ARM that had just had its first adjustment to 4.125% so we are very happy with the 3....
by icefr
Tue Apr 03, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I refi and still get a lower rate right now? UPDATE: Bonus HELOC??
Replies: 31
Views: 2989

Re: Can I refi and still get a lower rate right now?

Awesome, Tamarind! Hope it works out well for you. We just closed on the same mortgage terms and things went mostly smoothly and quickly. It only took us 5 weeks to close from application. We refinanced from a 5/1 ARM that had just had its first adjustment to 4.125% so we are very happy with the 3.0...
by icefr
Thu Feb 22, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is a prenup required to establish a list of separate property before marriage?
Replies: 67
Views: 3868

Re: Is a prenup required to establish a list of separate property before marriage?

Does anyone want to bite on whether the value of the equity in a house owned by one person before a marriage can be considered separate property in the event of a divorce, if the couple refinanced the house after marriage, resulting in both their names ending up in the deed? If a prenup doesn't hel...
by icefr
Tue Feb 20, 2018 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Third Federal Mortgage experience
Replies: 7
Views: 1659

Re: Third Federal Mortgage experience

Thanks tenkuky! Hope it works out for us. I do plan to ask our current lender if they will match Third Federal’s terms before we fully commit to the loan, but it seems like a good strategy.
by icefr
Mon Feb 19, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Third Federal Mortgage experience
Replies: 7
Views: 1659

Re: Third Federal Mortgage experience

Do you still have your mortgage with Third Federal? Are you happy with them as a servicer? How has making extra principal payments been? What did they do with the property tax payment they wanted upfront at closing when you aren't escrowing? I noticed that in our application and was a little confus...
by icefr
Sun Feb 18, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Third Federal Mortgage experience
Replies: 7
Views: 1659

Re: Third Federal Mortgage experience

Do you still have your mortgage with Third Federal? Are you happy with them as a servicer? How has making extra principal payments been? What did they do with the property tax payment they wanted upfront at closing when you aren't escrowing? I noticed that in our application and was a little confuse...
by icefr
Mon Feb 12, 2018 1:07 am
Forum: Personal Finance (Not Investing)
Topic: Refinance into new ARM or 10 year FRM?
Replies: 2
Views: 555

Re: Refinance into new ARM or 10 year FRM?

Nothing extra has been paid to principal in over three years now. I bought the place when my single income was 1/3-1/4 of our now current household income, so the mortgage isn’t nearly as stressful now as it was at the beginning. At 5 years, with the balance around $62,000, we could quite easily pay...
by icefr
Sat Feb 10, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance into new ARM or 10 year FRM?
Replies: 2
Views: 555

Refinance into new ARM or 10 year FRM?

Current mortgage is a 5/1 ARM that recently adjusted from its initial 2.50% to 4.125%. It will continue to adjust every 12 months going forward. 300 months remaining. Balance is ~$115,000. At today's index value, it would reset next to 4.50%. It was a huge shock to go from $240 in interest with Janu...
by icefr
Sun Jan 14, 2018 7:42 pm
Forum: Personal Investments
Topic: 401K sub-accounts juggling: making sense? actionable?
Replies: 2
Views: 425

Re: 401K sub-accounts juggling: making sense? actionable?

I’ve always invested Roth 401(k) funds as I would invest Roth IRA funds and the rest of the 401(k) separately, for this reason. Then when I left that first job, i rolled the Roth 401(k) into my Roth IRA and the Traditional 401(k) portion to my new 401(k).
by icefr
Sun Dec 24, 2017 1:45 pm
Forum: Personal Investments
Topic: Problem donating VTSAX shares to Schwab Charitable
Replies: 19
Views: 1422

Re: Problem donating VTSAX shares to Schwab Charitable

2) Is there any way to avoid having this happen in the future? Should I include an extra note in the Schwab material? Or call Vanguard next time to give them extra instructions? I have a Schwab DAF and I decided just to set up a taxable account at Schwab to make such transfers easier. I transferred...
by icefr
Sat Dec 23, 2017 6:17 pm
Forum: Personal Investments
Topic: Problem donating VTSAX shares to Schwab Charitable
Replies: 19
Views: 1422

Re: Problem donating VTSAX shares to Schwab Charitable

2) Is there any way to avoid having this happen in the future? Should I include an extra note in the Schwab material? Or call Vanguard next time to give them extra instructions? I have a Schwab DAF and I decided just to set up a taxable account at Schwab to make such transfers easier. I transferred...
by icefr
Thu Jul 20, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA For 1 Month (?)
Replies: 11
Views: 2652

Re: COBRA For 1 Month (?)

You are missing nothing. I would absolutely hold off on enrolling in COBRA. The catch is that if you do have healthcare usage planned, then I would compare the cash cost of the healthcare versus the cost of paying for COBRA and how much it would cost then.
by icefr
Wed Jul 05, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retired, RSUs Vesting and Roth IRA contribution
Replies: 5
Views: 1023

Re: Retired, RSUs Vesting and Roth IRA contribution

I just recently retired from a Megacorp with a generous policy for retirees relative to RSUs. All of my remaining RSUs will vest on the next regularly scheduled vesting date in 2018. I have a small pension, but no W2 income, and I'm not planning to start SSI for a few more years. I would like to ma...
by icefr
Fri Jun 23, 2017 3:14 pm
Forum: Personal Investments
Topic: Fees for selling ESPP shares
Replies: 3
Views: 772

Re: Fees for selling ESPP shares

At my last ESPP, the selling fee was $7.95, which was pretty reasonable. You should be able to inquire about this information from the custodian.
by icefr
Wed May 17, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a 800K house?
Replies: 52
Views: 7544

Re: Can we afford a 800K house?

After two weeks in the Seattle housing market - houses listed 600K are bid up to 800K while houses listed at 800K are bid up to 950-$1mil. The house we wanted to buy at $750K had double digit bids and closed at 920K. The next round - we liked a house for 850K went with an offer with escalation till...
by icefr
Sat May 13, 2017 1:22 am
Forum: Personal Investments
Topic: Please assess our financial situation; grateful for any advice :)
Replies: 18
Views: 3264

Re: Please assess our financial situation; grateful for any advice :)

When is your wedding date? If it is in 2017, then you will need to file your taxes as Married for 2017 even if you marry on December 31st.

How much do your RSUs/ESPP/bonus usually add up to? How much do you plan to add to investments this year?
by icefr
Thu May 04, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA accounts - How to handle
Replies: 4
Views: 1145

Re: Multiple HSA accounts - How to handle

yes, you can transfer from one to the other. Custodian to custodian is simplest. The banks should have the forms on their website... it's not fast (mine took 6 weeks) but gets done. Consolidate into the most favorable (fees, investment options) If you won't be contributing on your own (if you have ...
by icefr
Tue May 02, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Buying a diamond ring
Replies: 57
Views: 6633

Re: Buying a diamond ring

Mine was bought from James Allen and I love it! We got the matching band and the engagement ring for less than a friend spent on just the engagement ring by buying online. One catch is to watch for their return/resizing timeline in case it needs to be adjusted as it isn't an infinite amount of time....
by icefr
Sat Apr 22, 2017 12:39 am
Forum: Personal Investments
Topic: Reached 50% of my "number" today
Replies: 20
Views: 5305

Re: Reached 50% of my "number" today

Congrats! I hit 50% for the first time last spring. I went back under 50% in the summer/fall and haven't quite re-hit 50% again, but that's life and I'm still close :)
by icefr
Thu Apr 20, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recast vs. Investing vs. ??
Replies: 14
Views: 2254

Re: Mortgage Recast vs. Investing vs. ??

If the $100k is your pre marriage money then putting it into the mortgage is also commingling it. Personally, I would invest it in an account in just your name if it's your pre marriage money. But others on the forum have different ideas of marriage than I do. So would you invest the full $100k int...
by icefr
Thu Apr 20, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recast vs. Investing vs. ??
Replies: 14
Views: 2254

Re: Mortgage Recast vs. Investing vs. ??

If the $100k is your pre marriage money then putting it into the mortgage is also commingling it. Personally, I would invest it in an account in just your name if it's your pre marriage money. But others on the forum have different ideas of marriage than I do.
by icefr
Sun Apr 16, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 33999

Re: Age when you started to max out your retirement accounts?

Maxing out Roth since I was 19 and started co-oping (like an internship) in undergrad. Maxed out 401k for a few years in the early 2000s, but not since then. Partly it's because I'm planning to move from a no-income-tax-state to an income-tax-state, and so I think my tax rate will rise. Partly it's...
by icefr
Wed Apr 12, 2017 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Married filing separately and tax fraud
Replies: 18
Views: 2198

Re: Married filing separately and tax fraud

Is this a community property state?
by icefr
Sat Apr 01, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Massive Student Loan Debt with Mortgage Refi?
Replies: 46
Views: 3981

Re: Pay of Massive Student Loan Debt with Mortgage Refi?

If you have enough money in a taxable account to pay off your mortgage, can you do that? Then keep the house in your name as sole and separate property, and that will free up some cash flow to help pay down the debt if you are so inclined. Protect yourself! Don't put the house anywhere at risk, or ...
by icefr
Fri Mar 31, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Unemployed for 2-3 days- potential benefits
Replies: 24
Views: 2888

Re: Unemployed for 2-3 days- potential benefits

Since income and finances are handled annually... probably not. If you are not insured for those 2 days, don't get sick or hurt! Rolling over any 401k to new employer would have to be done... when you are employed. Why would anyone want to roll their 401k to a new company one? Wouldn't you always w...