Search found 6461 matches

by Epsilon Delta
Thu Oct 05, 2017 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Did Backdoor Roth, but there's 35 cents left in TIRA
Replies: 8
Views: 773

Re: Did Backdoor Roth, but there's 35 cents left in TIRA

I'd say do nothing. First: I believe that sooner or later Vanguard will move the $0.35 to the Roth no matter what you do. It may take a month or so, they wait long enough to pick up any other stray pennies. Second: the $0.35 is, at worst, only doing $0.35 of harm. It's not going to disqualify the Ro...
by Epsilon Delta
Thu Oct 05, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Recharacterization [theory] ?
Replies: 34
Views: 1943

Re: Roth Conversion and Recharacterization ?

I don't think CFR 26 1.408-11 will be applicable in this situation since it refers to contributions instead of conversions . (c) Any converted amount is treated as a distribution from the traditional IRA and a qualified rollover contribution to the Roth IRA for purposes of section 408 and section 4...
by Epsilon Delta
Thu Oct 05, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Recharacterization [theory] ?
Replies: 34
Views: 1943

Re: Roth Conversion and Recharacterization ?

The ACB is the balance on the date of recharacterization, less any distributions or other recharacterizations (none in this case). So the ACB is 30k. Technical correction: The Adjusted Closing Balance (ACB) is the balance on the date of recharacterization increased by the amount of any distribution...
by Epsilon Delta
Thu Oct 05, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Now (Age 36) or Later (Age 65)?
Replies: 45
Views: 3376

Re: Pension Now (Age 36) or Later (Age 65)?

I would also consider if there is any possibility you would ever work for that employer again. Sometimes it's worth staying in the pension scheme so you get grandfathered. This is more likely with a government pension scheme, but it's be worth checking the rules.
by Epsilon Delta
Thu Oct 05, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Question
Replies: 30
Views: 2695

Re: RMD Question

Sequence of IRA decisions / actions when subject to RMDs: First: Consider QCDs. You must have already reached 70.5. Second: Fulfill RMD obligation. If you do Second before First, QCD will not be qualified . Not so. It will still be qualified, and you will still have fulfilled the RMD. You will have...
by Epsilon Delta
Thu Oct 05, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Health insurance gamble?
Replies: 24
Views: 2014

Re: Health insurance gamble?

Well despite our best efforts the HR department has dropped the ball and we are currently not covered by COBRA, and will be unable to get coverage until HR corrects the issue. We call them everyday and they really don't have an answer as to when things will be lined up. It is not exactly clear what...
by Epsilon Delta
Thu Oct 05, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Recharacterization [theory] ?
Replies: 34
Views: 1943

Re: Roth Conversion and Recharacterization ?

Ooh! Cool! Exchange ideas, yes! Ok, to expand my personal situation, I have three Roth IRAs - one Total Stock, one International, one Total Bond (pretty simple, easy to live with). I convert a Whopping Chunk every January to each. Because I've been at this for a few years... the Roth IRAs contain s...
by Epsilon Delta
Thu Oct 05, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity: can no longer use first initial, middle name
Replies: 30
Views: 2546

Re: Fidelity: can no longer use first initial, middle name

Once or if you give in and change the name Fidelity uses from "I. Thom Boglehead" to "Thom Boglehead" or similar you will find no end of other organizations find the name change suspicious, treat using two different names is an admission of guilt, believe that these are two different people or all t...
by Epsilon Delta
Wed Oct 04, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Recharacterization [theory] ?
Replies: 34
Views: 1943

Re: Roth Conversion and Recharacterization ?

Okay, I have a follow-up just to be sure I am doing this right ... I am still employed for 2017 but completed my first Roth Conversion in October. Normally I do not need to worry about Est Tax payments, my withholding is sufficient. The Conversion however will require me to make an additional Estim...
by Epsilon Delta
Wed Oct 04, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Should I forego a backdoor Roth IRA?
Replies: 13
Views: 1226

Re: Should I forego a backdoor Roth IRA?

JW-Retired wrote:
Wed Oct 04, 2017 9:51 am
Since you filed 8606 forms every year that you contributed non-deductible money, your "basis" is just the sum of all those contributions.
And the sum of all those contributions should be found on the most recent 8606 filed, no further math or older records needed.
by Epsilon Delta
Wed Aug 02, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Did I mess up opportunity to perform backdoor Roth IRA
Replies: 12
Views: 882

Re: Did I mess up opportunity to perform backdoor Roth IRA

Do you have any other traditional IRAs in your name, including SIMPLE, SEP or rollover IRAs? If you are in doubt if an account is a "traditional IRA in your name" its better to ask before you do anything else. Hopefully you don't but there is enough misunderstanding of the rules that it's worth chec...
by Epsilon Delta
Tue Aug 01, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: Market anomalies versus the equity risk premium
Replies: 23
Views: 1352

Re: Market anomalies versus the equity risk premium

I don't think it's safe to say the there is no fundamental reason for the value and small premiums. But if there is a fundamental reason we don't know what it is. We do know these premiums are not explained by standard deviation and correlations. So if they are "real" using the premiums exposes you...
by Epsilon Delta
Tue Aug 01, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: DIY Radiant Barrier in attic?
Replies: 27
Views: 6151

Re: DIY Radiant Barrier in attic?

In your attic, the interior of the roof surface is probably only 340K, while your ceiling temperature is around 300K. Since these two tempeartures are not that different, there will not be a great deal of radiative transfer between the roof and ceiling surfaces. I suspect conduction and convection ...
by Epsilon Delta
Tue Aug 01, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: Market anomalies versus the equity risk premium
Replies: 23
Views: 1352

Re: Market anomalies versus the equity risk premium

I don't think it's safe to say the there is no fundamental reason for the value and small premiums. But if there is a fundamental reason we don't know what it is. We do know these premiums are not explained by standard deviation and correlations. So if they are "real" using the premiums exposes you ...
by Epsilon Delta
Tue Aug 01, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Bed headboard DIY
Replies: 7
Views: 656

Re: Bed headboard DIY

Here's a web page with the detailed answer: https://www.stlbeds.com/bolt-wood-headboard-footboard-to-bed-frame/ (2) 2 ¼" carriage bolts. If your headboard is thicker, you may want to get the 4 ¼” carriage bolts instead. (2) ½” nuts Perhaps not a fully trustworthy source. A foolish consistency is th...
by Epsilon Delta
Tue Aug 01, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: What to do with 3oz of gold?
Replies: 28
Views: 4589

Re: What to do with 3oz of gold?

tadamsmar wrote:Bars are perhaps somewhat more subject to tampering where you dill a hole and fill it partially with lead to get the density right.
Gold is almost twice as dense as lead. You could counterfeit a pure lead bar by partially filling a hole with gold, but the reverse doesn't work.
by Epsilon Delta
Tue Aug 01, 2017 8:08 am
Forum: Personal Consumer Issues
Topic: Bed headboard DIY
Replies: 7
Views: 656

Re: Bed headboard DIY

I'd use a 1/4 inch SAE. Length will depend on the thickness of the headboard.

A steel bolt should be much stronger than wood, so the sizing is not critical. In any non-critical situation I try to use 1/4 inch, possibly with a lot of washers. That keeps my inventory of fasteners down.
by Epsilon Delta
Tue Aug 01, 2017 12:17 am
Forum: Personal Consumer Issues
Topic: Looking for a single speed commuter bike, less than $400?
Replies: 24
Views: 2026

Re: Looking for a single speed commuter bike, less than $400?

In principle a single speed can run the chain fully enclosed in an oil bath. The chain and sprockets would would probably last decades if you topped up the oil occasionally. However I don't think that an enclosed chain is readily available. What you'd save on chains you'd lose on buying a custom bi...
by Epsilon Delta
Mon Jul 31, 2017 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with 3oz of gold?
Replies: 28
Views: 4589

Re: What to do with 3oz of gold?

Hammer it into foil and gild all your lilies. It should be good for several thousand flowers.
by Epsilon Delta
Mon Jul 31, 2017 9:44 pm
Forum: Personal Consumer Issues
Topic: Why is everything done with a mouse?
Replies: 49
Views: 5157

Re: Why is everything done with a mouse?

I just wish, for example, that you could initiate a trade at Vanguard by typing B for Buy or S for Sell (or even T for Trade) as an alternative to slogging your way through pop-up menus. I find mousing through (well organized) menus is best for things I do once or infrequently, while keyboard comma...
by Epsilon Delta
Mon Jul 31, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: Looking for a single speed commuter bike, less than $400?
Replies: 24
Views: 2026

Re: Looking for a single speed commuter bike, less than $400?

In principle a single speed can run the chain fully enclosed in an oil bath. The chain and sprockets would would probably last decades if you topped up the oil occasionally. However I don't think that an enclosed chain is readily available. What you'd save on chains you'd lose on buying a custom bike.
by Epsilon Delta
Sat Jul 29, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: Colorado Vehicle Registration fees
Replies: 20
Views: 1724

Re: Colorado Vehicle Registration fees

My 13 year old minivan is taxes at $3.00 on its value (as other pointed out the tax based on value goes down every year). They they add another $112.00 in various fees. Now the state claims these fees are not a "tax" and thus you can only deduct the $3.00 from your federal income tax :( boo hooo Fe...
by Epsilon Delta
Sat Jul 29, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance vs Life.Insurance at higher NW levels
Replies: 5
Views: 600

Re: Disability insurance vs Life.Insurance at higher NW levels

Dealing with three children and a severely disabled spouse could be harder (or more expensive) than dealing with three children. At some level of disability the spouse would require significant care giving, It depends on how severely disabled and the likelihood of that but it's something to think ab...
by Epsilon Delta
Sat Jul 29, 2017 12:34 am
Forum: Personal Consumer Issues
Topic: Getting Warm/Hot Water from Cold Line in Condo
Replies: 27
Views: 2738

Re: Getting Warm/Hot Water from Cold Line in Condo

Why? I'm thinking it's possible (but highly unlikely, because can't account for the pressure imbalance that would drive the hot-->cold water flow) that a mixing valve could have failed and is allowing hot water into the cold water line. The flow creates the pressure differential. If water is flowin...
by Epsilon Delta
Fri Jul 28, 2017 8:26 am
Forum: Personal Consumer Issues
Topic: Use Guest wifi for thermostat, Roku, etc.
Replies: 28
Views: 2990

Re: Use Guest wifi for thermostat, Roku, etc.

If the guest's device is corrupted and starts an attack (unknown to the guest), that is an issue for my private network as well. The answer would seem to be to have a separate closed network for at-risk devices that have no need for access to the private network but not be exposed to the guest netw...
by Epsilon Delta
Fri Jul 28, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: Compute standard deviation / sharpe ratio (multiple funds)
Replies: 34
Views: 2171

Re: Compute standard deviation / sharpe ratio (multiple funds)

Conceptually the way to calculate the s.d., sharpe ratio, etc of a portfolio is exactly the same way you compute them for a single investment. First you calculate the value of the portfolio for each day (or month, year etc) in your period and then run the formula for s.d. etc on the resulting time s...
by Epsilon Delta
Thu Jul 27, 2017 11:35 pm
Forum: Personal Consumer Issues
Topic: Use Guest wifi for thermostat, Roku, etc.
Replies: 28
Views: 2990

Re: Use Guest wifi for thermostat, Roku, etc.

What am I guarding against? Your thermostat controls equipment worth thousands of dollars and protects a house which is worth hundreds of thousands of dollars. This is probably one of the more valuable things you have on a computer network. Any reasonable plan puts the thermostat behind a firewall ...
by Epsilon Delta
Thu Jul 27, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: Use Guest wifi for thermostat, Roku, etc.
Replies: 28
Views: 2990

Re: Use Guest wifi for thermostat, Roku, etc.

What am I guarding against? Your thermostat controls equipment worth thousands of dollars and protects a house which is worth hundreds of thousands of dollars. This is probably one of the more valuable things you have on a computer network. Any reasonable plan puts the thermostat behind a firewall ...
by Epsilon Delta
Thu Jul 27, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: WiFi Thermostat?
Replies: 59
Views: 4024

Re: WiFi Thermostat?

If I felt the need to remotely monitor a HVAC system I would never rely on the sensor that is controlling the system. I would install a second temperature sensor and monitor that. The issue is if the sensor fails by reading, say, 50 degrees too high it will happily keep the temperature 50 degrees to...
by Epsilon Delta
Wed Jul 26, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 2775

Re: Help with Amortization Schedule with Extra Payments

Row Col A Col B 1 Rate 0.25% 2 Term 240 3 Principal 250,000.00 4 Regualr payment 1,386.494 = PMT(0.25%, 240, -250000, 0) 5 Extra payment 700.000 Col A Col B Col C Col D Col E Monthly Principal Interest Row Month Payment Balance Reduction Paid ... 42 168 1,386.49 51.23 4,138.39 21.09 43 169 51.36 0....
by Epsilon Delta
Tue Jul 25, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Low cost Roth IRA contribution
Replies: 13
Views: 956

Re: Low cost Roth IRA contribution

Another possibility is the Government run MYra . This would be useful for somebody who wants to get started but can't commit a lump sum or monthly minimum. Once they have accumulated enough in the MYra it can be transfered to a mutual fund. IMHO people pay too much attention on how to invest small a...
by Epsilon Delta
Tue Jul 25, 2017 8:26 am
Forum: Personal Consumer Issues
Topic: Garage Remodeling
Replies: 14
Views: 1852

Re: Garage Remodeling

If you are concerned about earthquake hazards you might want to consider other, more common, hazards from an attached garage. These include fire hazard (stored fuel), CO hazard (running engines), and a wet area for electrical work. Building codes usually require mitigation but older garages were not...
by Epsilon Delta
Mon Jul 24, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Inherited IRA Decisions, Early Retirement
Replies: 15
Views: 1255

Re: Help with Inherited IRA Decisions, Early Retirement

Because my husband was only 55 when he died (and this was a rollover of his 401k, not an existing IRA, btw), and because I knew I wanted access to the money before I turned 59.5, I specifically had it titled as an inherited IRA. However, I have read in multiple places (and was told by Vanguard) tha...
by Epsilon Delta
Sun Jul 23, 2017 9:44 pm
Forum: Personal Consumer Issues
Topic: Anyone feel like talking "R"
Replies: 40
Views: 9044

Re: Anyone feel like talking "R"

several layers of quotes snipped At least it's not Fortran in C++. Or worse, Visual Basic in Visual Basic. It's always fun when the tech whizkids bash C and Fortran these days -- they just don't get how performing these languages can be. I won't bash Fortran in Fortran, even idiomatic "Fortran" in ...
by Epsilon Delta
Wed Apr 19, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Should I take 6% penalty for excess Roth IRA contribution since I had significant earnings?
Replies: 77
Views: 6055

Re: Should I take 6% penalty for excess Roth IRA contribution since I had significant earnings?

3) That said, several recent posts suggest that the OP may have a very small ($80?) TIRA pre tax balance AND/OR may be in the 0 or 10% bracket in 2017. If that turns out to be the case this is a rather unique fact pattern , and the recommendation to remove the excess amount without earnings becomes...
by Epsilon Delta
Thu Mar 23, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Saver's Credit + My Stupidity = No Saver's Credit?
Replies: 10
Views: 1954

Re: 2016 Saver's Credit + My Stupidity = No Saver's Credit?

OP here. Thanks again everyone for all the responses. It has been extremely helpful and I think my main takeaway has been, make sure to read the fine print when dealing with tax-related issues. Anyhow, for those who have read the previous comments, I figured out that a total of ~$4500 to my spouse'...
by Epsilon Delta
Thu Mar 23, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 2181

Re: Small appliance electrical safety

The output of 1000 W heats the food, the "rated power consumption" or input of 1450 W is the load is on the circuit. If you want to know how much heat goes into the food use a thermometer, a stop watch and a couple of liters of water. Specific heat capacity of water is 4200J/kg/K. This is...
by Epsilon Delta
Tue Mar 21, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: Investing in - WATER - thoughts
Replies: 57
Views: 4779

Re: Investing in - WATER - thoughts

The US is rich enough to contemplate desalinization for flushing toilets (1/4 of domestic use). Salt water works fine for that application, although the distribution problem is mind boggling. There are other alternatives that work fine and use little or no water, the main issue is lack of support. W...
by Epsilon Delta
Tue Mar 21, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 3120

Re: Anybody using the TERMINAL over the GUI in ubuntu?

I use both, and have since we got a GUI (of sorts) in Unix version 7. This applies across Windows, OS2, some mainframe stuff and various versions of Unix (including Mac). Some things are inherently GUI, web browsing and reading mail, playing most games. I could browse the web or read mail on the com...
by Epsilon Delta
Mon Mar 20, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Saver's Credit + My Stupidity = No Saver's Credit?
Replies: 10
Views: 1954

Re: 2016 Saver's Credit + My Stupidity = No Saver's Credit?

Earnings are taxable IN the year you made the contribution, not FOR the year. You made the contribution in 2017 and so recently there probably would be at most a very small amount of earnings returned if you request the return soon. Well, Pub 590A says "in", while 8606 instructions say &q...
by Epsilon Delta
Mon Mar 20, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Partial mortgage payoff, consolidation
Replies: 8
Views: 793

Re: Partial mortgage payoff, consolidation

Keeping cash for the new purchase only make sense if it is possible if you will be in a good enough position to finance two houses at once. For many people no matter what they do they are not going to be able to qualify for two mortgages or a bridging loan, so any purchase has to be contingent on a ...
by Epsilon Delta
Mon Mar 20, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: Best way to expand my vocabulary?
Replies: 102
Views: 6896

Re: Best way to expand my vocabulary?

Everybody has two volcabularies. Productive vocabulary is what you say or write. Receptive vocabulary is what you understand. Reading material that is a stretch for you will increase your receptive vocabulary. This is a good thing because you will understand more people, and are less likely to be ba...
by Epsilon Delta
Mon Mar 20, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Saver's Credit + My Stupidity = No Saver's Credit?
Replies: 10
Views: 1954

Re: 2016 Saver's Credit + My Stupidity = No Saver's Credit?

I have a number of more or less unrelated comments. First you need to read form 8880 and instructions. If you've already read it, read it again noting the following. The maximum contribution allowed for each person is $2000, in the 50% tier this is a tax credit of $1000. If both spouses are eligible...
by Epsilon Delta
Mon Mar 20, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Excess Contributions
Replies: 10
Views: 1400

Re: Roth IRA Excess Contributions

I think they're supposed to be trained to say "Vanguard doesn't give tax advice, consult your tax advisor." The ones I have spoken to have been very well trained.
by Epsilon Delta
Mon Mar 20, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - do I understand it ?
Replies: 17
Views: 2146

Re: Backdoor Roth - do I understand it ?

I think that makes perfect sense. And I wish everyone would figure it out. But I don't see that happening. Thus, the suggestions on how to keep things simpler. I have a fair amount of sympathy for the keep it simpler view. My intention, if not my wording, is to show that it's not serious problem if...
by Epsilon Delta
Sun Mar 19, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Can I minimize the Tax Torpedo and future Medicare costs?
Replies: 27
Views: 2820

Re: Can I minimize the Tax Torpedo and future Medicare costs?

I plan to delay taking SS until age 70 as longevity insurance, not to maximize my expected return.
by Epsilon Delta
Sun Mar 19, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - do I understand it ?
Replies: 17
Views: 2146

Re: Backdoor Roth - do I understand it ?

I don't understand why you don't see using money market is useful. It seems to me that it doesn't cost anything (for a few days). It seems to me it makes things easier. Am I missing something? I don't see any particular difficulty to filling out the 8606 with a modest gain or loss, so I don't see i...
by Epsilon Delta
Sun Mar 19, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 13755

Re: Paying $20 to E-File State Return

A paper return is opened by somebody who can identify a check and operate a scanner. They are not going to scrutinize the return except possibly for dogeared edges that will jam the scanner.
by Epsilon Delta
Sun Mar 19, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: How to figure whether its good to move all IRA into 401k to do backdoor Roth
Replies: 26
Views: 1512

Re: How to figure whether its good to move all IRA into 401k to do backdoor Roth

Bad idea...never mind. It wasn't entirely bad. Delaying the conversion of non-deductible contributions makes sense if they are invested in low return assets (such as your TIPS ladder). The tax on a years growth in the could tIRA could be less than the cost of using the 401(k) for a year. Even if th...
by Epsilon Delta
Sun Mar 19, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: How to figure whether its good to move all IRA into 401k to do backdoor Roth
Replies: 26
Views: 1512

Re: How to figure whether its good to move all IRA into 401k to do backdoor Roth

If my approximate tax drag for 5 years of $1914 is good, then I could guesstimate the cost of transferring my IRA into 401k. Assuming the same 12.97% return Year 1 starts out at $400k, year 2 $451k, year 3 $509k, year 4 $575k, year 5 $649k....so 8 basis point for 5 years is $320+$360+407+460+519 = ...