Search found 5100 matches

by madbrain
Sat Nov 17, 2018 12:36 am
Forum: Investing - Help with Personal Investments
Topic: More than $55,000 in 401k contributions this year ?
Replies: 27
Views: 3178

Re: More than $55,000 in 401k contributions this year ?

Do not forget forfeitures when considering the 415c limit. Forfeitures arise when co workers leave the company and matching contributions already made to their account revert to the employer. Some plans then pass these forfeitures on to current employees, so they act as a supplemental matching cont...
by madbrain
Fri Nov 16, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: More than $55,000 in 401k contributions this year ?
Replies: 27
Views: 3178

Re: More than $55,000 in 401k contributions this year ?

So, my new employer stopped my after-tax contributions at $27,250 . Turns out it is a plan limit which is listed in the SPD, but the custodian's web site for contribution elections incorrectly stated that after-tax contributions could go up to $55,000 for the year, which turned out not to be the cas...
by madbrain
Fri Nov 16, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Model 3 Mid-Range or Volt
Replies: 27
Views: 2166

Re: Model 3 Mid-Range or Volt

My husband bought a Bolt ~ 18 months ago. He loves it. I, on the other hand, find the ride bone-jarring on any road that is lumpy. Seriously, I'd rather ride in my 9 year old RX 350 for almost anything other than a 10 mile ride to town and back. The Bolt's suspension and smaller tires just mean it'...
by madbrain
Fri Nov 16, 2018 5:43 am
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 680

Re: Withhold-to-Cover method for RSU grant

FYI, some companies let you keep fractional RSUs, instead of leaving change as cash in your account. Interesting. I can't figure out how that would work from an accounting or tax perspective. Also not sure why they would add that extra accounting headache when they can fully resolve each tranche wi...
by madbrain
Thu Nov 15, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 680

Re: Withhold-to-Cover method for RSU grant

FYI, some companies let you keep fractional RSUs, instead of leaving change as cash in your account.
by madbrain
Wed Nov 14, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2225

Re: 30" or 36" induction range for remodel?

First thing I did when I bought my current home was to rip out the Thermador 36" gas cooktop, and replace it with a 36" Kenmore induction cooktop. I would never consider any cooktop other than induction. Much safer, power efficient, and I don't burn fossil fuels . I'm very much a kind of cook at ho...
by madbrain
Tue Nov 13, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2225

Re: 30" or 36" induction range for remodel?

You definitely need a gas one. 30" 4 burner, 36" 6 burner or 4 plus center. Strongly recommend BlueStar (for high BTU) although a little pricy (30" $4000, 36" $6000). If you are kind cook at home person, a good high heat gas range is a must. If you are super into cooking and have a big family to fe...
by madbrain
Tue Nov 13, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2225

Re: 30" or 36" induction range for remodel?

So you're saying don't do it all, stick with the 30" range? There's no floor to ceiling cabinetry appropriate for a combo oven at the right height, so any oven is going below the counter. That kind of cabinetry certainly exists. Maybe not in your kitchen currently, but it's around. About 12 years a...
by madbrain
Mon Nov 12, 2018 1:55 am
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2225

Re: 30" or 36" induction range for remodel?

Haven't used a range. But I have had both 30 and 36 induction cooktops , and 30 and 36 inch double ovens. I think separates make more sense if you have space for both.
They should cost less to repair or replace.
by madbrain
Tue Nov 06, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7363

Re: Do people calculate savings rate on gross income?

Just to be clear, in my system, the taxes include Federal and state income taxes too. Those numbers could be found easily from the payslips and tax filing. But how does it make sense to exclude these particular types of taxes (income and payroll taxes), but not others (sales & consumption taxes) ? ...
by madbrain
Tue Nov 06, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7363

Re: Do people calculate savings rate on gross income?

Just to be clear, in my system, the taxes include Federal and state income taxes too. Those numbers could be found easily from the payslips and tax filing. But how does it make sense to exclude these particular types of taxes (income and payroll taxes), but not others (sales & consumption taxes) ? ...
by madbrain
Tue Nov 06, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7363

Re: Do people calculate savings rate on gross income?

My goal is to FIRE. At my expense/income level, I do not have to pay those taxes when I retire early. My annual expense is around 50K to 60K. So, it does not make sense to include them as an expense. As long as you are paying them currently, I disagree they should not be counted in your expenses. M...
by madbrain
Tue Nov 06, 2018 12:14 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7363

Re: Do people calculate savings rate on gross income?

1) It is not 50% of gross income. The taxes include social security, Medicare, state, federal. So, it is about 20% or more. It is probably around 30% to 40% of gross income. 2) My expense does not include taxes. 3) If I include college expenses, I save nothing. KlangFool Well, that's certainly a co...
by madbrain
Sat Nov 03, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Using drug discount coupons affecting deductible?
Replies: 26
Views: 1590

Re: Using drug discount coupons affecting deductible?

I’ve never run into a situation where a copay card has to be billed first, it would be interesting to see. That being said a person should know what their deductible is going in especially choosing a high deductible health plan with the intent of having a lower monthly premium. Definitely agree wit...
by madbrain
Sat Nov 03, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Using drug discount coupons affecting deductible?
Replies: 26
Views: 1590

Re: Using drug discount coupons affecting deductible?

Now the second type is a copay assistance or coupon card. These are generally direct from the manufacturer and are processed secondary to your insurance. We run them the same way we would if you had indidual coverage and family coverage from your spouse. Bill primary insurance then bill copay card ...
by madbrain
Sat Nov 03, 2018 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Using drug discount coupons affecting deductible?
Replies: 26
Views: 1590

Re: Using drug discount coupons affecting deductible?

BTW, one thing I learned while talking with my HR person is that these copay accumulators are not something CVS caremark imposes. They let the employer choose whether to allow the coupons to count towards deductible and max OOP or not count. So, if your plan does, that's a choice your HR people made...
by madbrain
Sat Nov 03, 2018 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Using drug discount coupons affecting deductible?
Replies: 26
Views: 1590

Re: Using drug discount coupons affecting deductible?

So insurers have started "copay accumulator programs". ... I personally it is a fair program. It just means the amount of the coupon cannot reduce your deductible only the amount you actually pay reduces your deductible. I greatly benefited prior to this policy change. In 2016 and 2017, I essential...
by madbrain
Sat Nov 03, 2018 1:11 am
Forum: Personal Consumer Issues
Topic: Video Editing Software
Replies: 14
Views: 1043

Re: Video Editing Software

I'm looking for one too. Open to Windows or Max, so following this thread. iMovie is good, although I'm looking for something that can edit full HD and 4K videos too. I use PowerDirector, which is great and fairly simple, and works for 4K videos. It's Windows only however, so won't help the op. If ...
by madbrain
Sat Nov 03, 2018 1:04 am
Forum: Personal Consumer Issues
Topic: Model 3 Mid-Range or Volt
Replies: 27
Views: 2166

Re: Model 3 Mid-Range or Volt

Due to inferior battery thermal management concerns, you want to stay away from Smart for two, iMiEVs, older Leaf's...they probably wouldn't get you 65 miles anyway. ... Used Fiat 500e - start ~$7,000. Indeed, but I think the Fiat 500e with 84 miles EPA range is cutting it very close for a 65 miles...
by madbrain
Sat Nov 03, 2018 12:58 am
Forum: Personal Consumer Issues
Topic: Model 3 Mid-Range or Volt
Replies: 27
Views: 2166

Re: Model 3 Mid-Range or Volt

Besides the daily commute, what do your driving patterns look like? If this was primarily a commuter vehicle, I would get a cheaper vehicle like the 2018 Nissan LEAF. Obviously, if you also frequently do longer road trips, this might impact your choice if your household doesn’t have a second ICE ve...
by madbrain
Wed Oct 31, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 48
Views: 7175

Re: retiring abroad with savings worth 200k...

You are off by a factor of about 10 .
by madbrain
Wed Oct 31, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Fully maxed out
Replies: 70
Views: 8076

Re: Fully maxed out

Just curious..,. Is there anyone out there that has fully maxed out all tax advantaged accounts in a single year (assuming MFJ). Super high income (>300k/yr?) doesn’t count 18.5k 401k x2 Extra 5k/year for catchup contributions x2 Mega Backdoor Roth x2 Backdoor Roth 5.5k x2 IRA catch-up contribution...
by madbrain
Wed Oct 31, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: The most you ever paid for a prescription
Replies: 80
Views: 3537

Re: The most you ever paid for a prescription

$4863 for a 90 day supply of Descovy . Both I and my husband take this for HIV. $5128 for a 90 day supply of Tivicay. For my husband, for HIV. $5381 for a 90 day supply of Isentress. For me, for HIV. $3882 for a 90 day supply for Elmiron. For me, intersticial cystitis. I get some medications from a...
by madbrain
Wed Oct 31, 2018 8:34 pm
Forum: Personal Consumer Issues
Topic: Model 3 Mid-Range or Volt
Replies: 27
Views: 2166

Re: Model 3 Mid-Range or Volt

Greetings everyone, I have been in the market for an EV/Plugin for quite a while. Tesla just added a Mid-Range Model 3 for $46K. I have narrowed down my choice to that vs. a Chevy Volt which is considerably cheaper at $38k for the Premier model. I am coming from an Infiniti Q50 lease which is well ...
by madbrain
Wed Oct 31, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: The most you ever paid for a prescription
Replies: 80
Views: 3537

Re: The most you ever paid for a prescription

$4863 for a 90 day supply of Descovy . Both I and my husband take this for HIV. $5128 for a 90 day supply of Tivicay. For my husband, for HIV. $5381 for a 90 day supply of Isentress. For me, for HIV. $3882 for a 90 day supply for Elmiron. For me, intersticial cystitis. All these drugs are for life. ...
by madbrain
Sun Oct 28, 2018 6:14 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25667

Re: PSA: Don't buy a big house

What's your carbon footprint per year madbrain? Had never tried to calculate it. I just went to https://www.carbonfootprint.com/calculator.aspx . As far as the house : For year 2017, we had net grid consumption of 5556 kWh for the year (ie. what was not offset by our local solar PV). In 2016, it wa...
by madbrain
Sat Oct 27, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224717

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

By the way, is the $750 Sapphire Checking offer targeted to specific customers or a direct cash bonus offer? So far, I've only seen the 60k point offer, which perhaps would convert to $750 cash or travel reward under the Chase UR program. I haven't seen this offer, but if you have the Chase Sapphir...
by madbrain
Sat Oct 27, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25667

Re: PSA: Don't buy a big house

But you can power your car and your house with clean electricity nowadays. There are 40 solar panels on our big house. We added them, they didn't come with the house. Our combined driving on weekdays is a minimum of 80 miles/day in an EV & PHEV, without using even a drop of gas. At my office, there...
by madbrain
Sat Oct 27, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25667

Re: PSA: Don't buy a big house

I do wonder, given some of the things people advocating for the environment push (like banning straws), if it will become considered gauche to live in a house much bigger than you need at some point. Probably. These things tend to go in cycles. At a high level, any SFH is incredibly inefficient. En...
by madbrain
Tue Oct 23, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: $34k Volt vs $54k Model 3?--help me decide??
Replies: 107
Views: 10720

Re: $34k Volt vs $54k Model 3?--help me decide??

harikaried wrote:
Tue Oct 23, 2018 11:38 am
Are businesses going to cater to the many Model 3s perhaps by installing Tesla destination chargers vs generic chargers?
I doubt it. The cost of installing Superchargers is high due to the circuit amperage required. But maybe dealerships already have enough capacity.
by madbrain
Mon Oct 22, 2018 11:51 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25667

Re: PSA: Don't buy a big house

True of CFL's but not LED's IME. FEIT brand CFL's from Costco frequently lasted shorter than the 1yr warranty let alone the much longer estimate of life on the package. My house has over 240 lightbulbs. We used FEIT CFLs from Costco in 2010. About half of them failed in 8 years. I had been replacin...
by madbrain
Mon Oct 22, 2018 11:39 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 55
Views: 5895

Re: Too Much APPL Stock

Don't forget the 3/4's of a billion in a new bond offering Apple did at the time, I don't recall this one. When was this ? and the purchase of NeXT for $400M which brought Steve Jobs back to the helm which helped get things on track. That happened the year before - 1996 . It actually drained Apple'...
by madbrain
Mon Oct 22, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 75
Views: 10624

Re: Tesla Model 3 Owners: Your experience so far

The poster I quoted conveniently included the locale-dependent incentives, without accounting for the locale-dependent taxes. I think that's just misleading. Maybe not as bad as Elon math, but misleading. His point is that it's essentially a $35,000 car, which it is when comparing it to MSRP pricin...
by madbrain
Mon Oct 22, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 75
Views: 10624

Re: Tesla Model 3 Owners: Your experience so far

Of course it needs to be included in the expense. But if we're just trying to compare purchase prices of anything, its better to exclude taxes so that we have an apples to apples comparison. Taxes are location dependent and in some cases are zero, so its a variable best excluded in a community disc...
by madbrain
Mon Oct 22, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25667

Re: PSA: Don't buy a big house

Want to swap out a fan? Change one of those high bulbs? It's now $100/hr to call an electrician. Any reason this would not work ? https://www.homedepot.com/p/Mr-Longarm-Pro-Lok-23-ft-Adjustable-3-Section-Extension-Pole-2324/100177392 I have a similar "problem" in my McMansion in CA. Ceilings are no...
by madbrain
Mon Oct 22, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 75
Views: 10624

Re: Tesla Model 3 Owners: Your experience so far

If you are going to count federal tax incentives and state rebates, you should count the sales tax too. So it's really $45K + $5K sales tax less $10K in incentives = $40k . Still not $35k. But all vehicles have sales tax. For apples to apples comparison it really does come to about 35 K comparing n...
by madbrain
Mon Oct 22, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 75
Views: 10624

Re: Tesla Model 3 Owners: Your experience so far

ebotrd wrote:
Sat Oct 20, 2018 6:43 pm
IMHO this truly is the $35000 Tesla because $45000 - $10k fed/state rebates = $35k.
If you are going to count federal tax incentives and state rebates, you should count the sales tax too.
So it's really $45K + $5K sales tax less $10K in incentives = $40k . Still not $35k.
by madbrain
Mon Oct 22, 2018 12:01 am
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 55
Views: 5895

Re: Too Much APPL Stock

The death knell for Sears was at least a couple of decades ago. Apple is a long way from any death knell at the moment. The death knell for Apple was also a couple decades ago. It very nearly went bankrupt in 1997. Were it not for a $150 million investment from Microsoft, who was trying to get the ...
by madbrain
Sun Oct 21, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

Actually, our summary plan description explicitly stated (primary vs secondary coverage) that copay assistance would be counted. That was last plan year. I haven't checked this year as they are always months behind in publishing the summary plan description. (Another issue because how can an employ...
by madbrain
Sun Oct 21, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

I don't think the drug company paying for the patient's share would constitute fraud. But if you try and count what the drug company is paying as part of your out-of-pocket costs towards your maximum OOP cost , then it could be viewed as fraud since it isn't coming out of your pocket . It may not b...
by madbrain
Sun Oct 21, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

First the insurer stated I would no longer be able to use the copay card and that it was due to their agreement with my employer (my benefits rep reluctantly confirmed this was true after lying about it several times). Then they sent a letter saying I could use it but it would not count towards ded...
by madbrain
Sun Oct 21, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

Interestingly, the insurer backed off on it a month later so I only had to do it once. I have an employer self-funded plan, which is only administered by the insurer, and I think it was because it threatened to become a "political" issue. (So it was actually my employer, who is high profile, who ba...
by madbrain
Sun Oct 21, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

(OP look into this if one of y’all are on Truvada, as FDA just approved Teva’s generic of it, though no pricing structure announced yet). Yes, I'm aware of the FDA's approval of generic Truvada. If you fly to Bangkok, you can get a 1 month supply of a generic Truvada for under $35. Round-trip ticke...
by madbrain
Sun Oct 21, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

An actual incentive-equitable program would be for insurance companies to require that any benefit programs by the drug companies pay the same percentage of the insurance company’s payment for the drug as they do of the customer’s copay or co-insurance payment for the drug. This is very difficult t...
by madbrain
Sun Oct 21, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

I have to disagree with you and those healthcare experts. Lots of people are frivolous taking expensive drugs. Sometimes they tried the generic and "it didnt work", other times it's once daily dosing as opposed to twice daily for the less expensive drug, other times it's because that's the drug you...
by madbrain
Sun Oct 21, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

Yes, the assistance plan that I benefit from is not even available to people without insurance or to people with any sort of government insurance. It is only offered to people with commercial insurance or private insurance. There are different programs available for people with, for example, Medica...
by madbrain
Sat Oct 20, 2018 4:29 am
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 188
Views: 16849

Re: Where would you go for financial guidance if you win the Megamillions?

One other issue related to lottery winners who are forced to reveal their IDs: Make sure your Google history has no images of you and your family. Your Google personal history can be erased. I think you mean to say "make sure that images of you and your family can't be found in a google search". Th...
by madbrain
Sat Oct 20, 2018 4:09 am
Forum: Personal Consumer Issues
Topic: Help with Cox compatible modem
Replies: 7
Views: 577

Re: Help with Cox compatible modem

Thank you, that helps. So I can get any modem on that cox list on their web page and it will work with VOIP? Yes. I wonder what that notation means regarding voice capability on the cox website. Maybe thats for commercial phone systems or something. I don't have Cox, but it seems that is the case. ...
by madbrain
Sat Oct 20, 2018 3:16 am
Forum: Personal Finance (Not Investing)
Topic: Inflating AGI to avoid paying back ACA Premium Tax Credit
Replies: 42
Views: 3879

Re: Inflating AGI to avoid paying back ACA Premium Tax Credit

I don't really follow why one would need to inflate their AGI in this case. But if one wanted to, one way I can think of is to buy some very tax inefficient investment, such as junk bonds, or some funds that are really just returning the capital as dividends, in a taxable account. For example : http...
by madbrain
Sat Oct 20, 2018 2:59 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 96
Views: 11303

Re: What do you consider 'enough'?

mariezzz wrote:
Sat Oct 20, 2018 12:52 am
madbrain wrote:
Thu Oct 18, 2018 5:01 am
Depends. Retiring on Mars might be expensive.
Also, might not be the most well-thought-out retirement plan.
Nonsense. All the trendy billionnaires are trying to get there. Cheaper than saving this planet, apparently.