Search found 27 matches

by okane
Fri Oct 25, 2019 11:05 pm
Forum: Non-US Investing
Topic: U.S. expat in Japan with Japanese spouse - pre/post retirement taxation
Replies: 7
Views: 1247

Re: U.S. expat in Japan with Japanese spouse - pre/post retirement taxation

To see why a "tax free savings account" type investment is probably taxable, first check that the account name isn't explicitly mentioned in the tax treaty. Then conclude that it can't be covered as a "pension" because nobody refers to it as a pension in official documents, and it's advertised as a...
by okane
Sun Oct 20, 2019 12:54 am
Forum: Non-US Investing
Topic: U.S. expat in Japan with Japanese spouse - pre/post retirement taxation
Replies: 7
Views: 1247

Re: U.S. expat in Japan with Japanese spouse - pre/post retirement taxation

Maybe you already know, but a US green card becomes effectively and technically invalid for immigration purposes (although not for tax purposes) if you live outside of the US for more than a year. You can obtain a 'reentry permit' that will extend that to two years, but nothing beyond that. Summari...
by okane
Sun Oct 13, 2019 8:06 am
Forum: Non-US Investing
Topic: U.S. expat in Japan with Japanese spouse - pre/post retirement taxation
Replies: 7
Views: 1247

U.S. expat in Japan with Japanese spouse - pre/post retirement taxation

I am a U.S. expat in Japan with a Japanese spouse. My spouse is a green card holder. We are in our early 30's. We've been resident in Japan for 1 year and lived/worked in the U.S. prior to that. As such we have an assortment of U.S. retirement/taxable accounts. My main goal of this post is to get a ...
by okane
Sun Mar 08, 2015 11:25 am
Forum: Personal Investments
Topic: Avoiding wash sale when reinvesting dividends in IRA
Replies: 16
Views: 2328

Re: Avoiding wash sale when reinvesting dividends in IRA

All good ideas in this thread. The easiest short term approach is to just spread Fund B across the 2 IRAs and direct distributions to Fund B (I do not have a brokerage account). In the long term, it may be easier to use different funds in my taxable account versus my tax-advantaged accounts.
by okane
Sun Mar 08, 2015 10:18 am
Forum: Personal Investments
Topic: Investing in 401k past RMD age for business owner
Replies: 2
Views: 446

Investing in 401k past RMD age for business owner

My father has asked for my help in investing his current assets. He is a small business owner and recently set up a 401k for he and his employees. He is past the RMD age of 70.5 and I believe he needs to take the RMDs since he is a greater than 5% owner in the business. What are the advantages and d...
by okane
Sun Mar 08, 2015 9:42 am
Forum: Personal Investments
Topic: Avoiding wash sale when reinvesting dividends in IRA
Replies: 16
Views: 2328

Re: Avoiding wash sale when reinvesting dividends in IRA

Let me ask a couple of follow up questions: 1. Have you ever tax-loss harvested before? 2. Have you ever had a wash sale before? I have not tax lost harvested before nor had a wash sale before, but I wanted to prepare for TLH if an opportunity became available. I could see the argument for TLH oppo...
by okane
Sun Mar 08, 2015 8:21 am
Forum: Personal Investments
Topic: Avoiding wash sale when reinvesting dividends in IRA
Replies: 16
Views: 2328

Avoiding wash sale when reinvesting dividends in IRA

I have the same international fund in my TIRA, RIRA, and taxable account. I would prefer to keep them the same to reduce the complexity of my accounts, but avoid a wash sale if I want to Tax Loss Harvest in my taxable account. I am under the impression that dividends reinvested in the international ...
by okane
Sat Mar 07, 2015 6:10 pm
Forum: Personal Investments
Topic: Adding diversification to taxable account for FIRE
Replies: 5
Views: 871

Re: Adding diversification to taxable account for FIRE

The thing you need to watch for, since you are holding the same international fund in the IRAs, is a wash sale. Since it appears you make your IRA contributions in a lump, that should be easy to avoid if you just pay attention to the timing. I've done quite a bit of reading on TLH, but this wash sa...
by okane
Sun Mar 01, 2015 12:09 pm
Forum: Personal Investments
Topic: Adding diversification to taxable account for FIRE
Replies: 5
Views: 871

Adding diversification to taxable account for FIRE

I recently added part of my liquid savings to a taxable account, but I am still uncomfortable with the amount of cash I'm holding and I'd like to invest more of it (about 50-60k). I'm having trouble determining the best way to adjust my allocation to fit my goal of financial independence (and possib...
by okane
Sat Dec 06, 2014 10:37 pm
Forum: Personal Investments
Topic: Ready to add a taxable account
Replies: 4
Views: 954

Re: Ready to add a taxable account

Laura wrote:Could you edit your post to include fund names and not just ticker symbols? Most of us don't have these memorized and won't take time to look them up. With edits I am sure you will receive many useful replies.

Laura
Added the fund names, thanks.
by okane
Sat Dec 06, 2014 9:40 pm
Forum: Personal Investments
Topic: Ready to add a taxable account
Replies: 4
Views: 954

Ready to add a taxable account

I've filled up my tax advantaged space and I'd like to begin to start retirement investing in taxable space. I have a fair amount of cash sitting in an online savings account that I want to put to work. Below I've built upon my current portfolio by adding a taxable account. Another point worth menti...
by okane
Thu Aug 23, 2012 11:19 am
Forum: Personal Investments
Topic: Help with Wife's Horrible 401(k) Options
Replies: 46
Views: 5841

Re: Help with Wife's Horrible 401(k) Options

We are in a similar situation, but we certainly have a MM fund in our SIMPLE IRA, and although we haven't started yet, I am leaning towards investing in the MMF, then transferring that money directly out to a SIMPLE IRA with Vanguard (no penalty to transfer to another SIMPLE IRA even before the 2 ye...
by okane
Sun Aug 19, 2012 8:40 am
Forum: Personal Investments
Topic: Starting SIMPLE IRA after already contributing to TIRA
Replies: 6
Views: 810

Re: Starting SIMPLE IRA after already contributing to TIRA

What % of her pay can she defer to the SIMPLE? I believe she can defer as much as she wants, but we are only planning on funding $5000 be it in a TIRA or this SIMPLE IRA. She can request a return of the TIRA contributions already made (plus earnings on that 2,000) to assist in funding the SIMPLE de...
by okane
Sat Aug 18, 2012 10:44 pm
Forum: Personal Investments
Topic: Starting SIMPLE IRA after already contributing to TIRA
Replies: 6
Views: 810

Starting SIMPLE IRA after already contributing to TIRA

I recently found out that my spouse's company offers a 3% match through a SIMPLE IRA with Fidelity (Fidelity Advisor T-Class funds). We had already been contributing to a TIRA and are about $2000 into it for the year out of the $5000 max we are planning to contribute for the year. Since only I am co...
by okane
Thu May 03, 2012 7:59 am
Forum: Personal Investments
Topic: Re-balance/re-allocate final check
Replies: 11
Views: 868

Re: Re-balance/re-allocate final check

Whether you save $8K in the 401K for the next 8 months is not THAT important. a) What is your retirement savings goal - long term - going forward? b) Whatever it is, your Fund selection should (1) meet your desired AA and (2) accept new money to mostly rebalance the portfolio without too much selli...
by okane
Tue May 01, 2012 9:38 am
Forum: Personal Investments
Topic: Re-balance/re-allocate final check
Replies: 11
Views: 868

Re: Re-balance/re-allocate final check

Bump. Any more input?
Thanks
by okane
Mon Apr 30, 2012 3:31 pm
Forum: Personal Investments
Topic: Re-balance/re-allocate final check
Replies: 11
Views: 868

Re: Re-balance/re-allocate final check

Unless you provide information, you may get intelligent guesses (at best) or lousy guesses (at worse). a) New monies should (mostly) rebalance the portfolio. b) What does "up to company match for 401(k) (about 10% of current portfolio)" means in dollars and cents? If new money is only for TIRA and ...
by okane
Mon Apr 30, 2012 10:02 am
Forum: Personal Investments
Topic: Re-balance/re-allocate final check
Replies: 11
Views: 868

Re: Re-balance/re-allocate final check

The small/mid indexed equity fund is very likely to the be what others call the "extended market" index fund much like VXF or VEXMX from Vanguard which is a completion index such that S&P500 + extended market equals the Total US Market index. You are correct, the small/mid indexed equity fund track...
by okane
Mon Apr 30, 2012 6:41 am
Forum: Personal Investments
Topic: Re-balance/re-allocate final check
Replies: 11
Views: 868

Re-balance/re-allocate final check

I started looking at my and my spouse's retirement asset allocation a few months ago and gradually pulled together a picture of how I wanted it to look. The biggest problem I had with our portfolio was the number of funds we were investing in as well as which funds we were invested in (lots of my co...
by okane
Sat Mar 24, 2012 7:25 pm
Forum: Personal Investments
Topic: Is it possible for bond funds to NOT give distributions?
Replies: 6
Views: 701

Re: Is it possible for bond funds to NOT give distributions?

The fund does not have a ticker as far as I can tell. The returns do closely follow the Vanguard fund's returns so it looks like you both are right - the fund is just not reporting the distributions explicitly. Thanks for the great responses.
by okane
Sat Mar 24, 2012 5:39 pm
Forum: Personal Investments
Topic: Is it possible for bond funds to NOT give distributions?
Replies: 6
Views: 701

Is it possible for bond funds to NOT give distributions?

I hold a total bond market fund in my 401k. I have been in the process of re-balancing my holdings lately and noticed that I have not received any (interest) distributions from this bond fund for the entire time I've held it (>4 years). The prospectus does not mention any type of distributions eithe...
by okane
Thu Jan 19, 2012 11:23 pm
Forum: Personal Investments
Topic: Young couple asset allocation w/ foreign national spouse
Replies: 15
Views: 1925

Re: Young couple asset allocation w/ foreign national spouse

There is the Japan-US tax treaty, but it's a horrible maze of conflicting statements... I did at one point try to wade through that treaty and didn't get very far with just casual reading so I can relate on that point. Unless I can't find the information I'm looking elsewhere, I don't plan on divin...
by okane
Fri Jan 13, 2012 3:43 pm
Forum: Personal Investments
Topic: Young couple asset allocation w/ foreign national spouse
Replies: 15
Views: 1925

Re: Young couple asset allocation w/ foreign national spouse

PS Within reason, I'd pay off all of the loans as soon as possible. Not only will it feel good not to have that hanging over you, but it could help your credit score, and so save you some money when you go house-hunting. Thanks for some ideas on an asset allocation. I think the first thing I will w...
by okane
Wed Jan 11, 2012 7:36 pm
Forum: Personal Investments
Topic: Young couple asset allocation w/ foreign national spouse
Replies: 15
Views: 1925

Re: Young couple asset allocation w/ foreign national spouse

Unfortunately Japan does not allow dual-citizenship, and at this point my spouse does not want to give up her Japanese citizenship. Maybe this would change in the future. Thinking about it, most of what I've read has been about people who do not intend to come back to the U.S., you are probably righ...
by okane
Wed Jan 11, 2012 11:22 am
Forum: Personal Investments
Topic: Young couple asset allocation w/ foreign national spouse
Replies: 15
Views: 1925

Re: Young couple asset allocation w/ foreign national spouse

...estate planning... This is one of the items I was hoping some people would be knowledgeable about. I will have to look into this more for my specific situation. Let's assume for now that I don't pass away early, are there any more answers to my questions? At the minimum, I still think I need to ...
by okane
Tue Jan 10, 2012 9:58 am
Forum: Personal Investments
Topic: Young couple asset allocation w/ foreign national spouse
Replies: 15
Views: 1925

Young couple asset allocation w/ foreign national spouse

Hello, we just got married last year and are now figuring out how we should invest our assets. The biggest issue we are having is factoring in the fact that my wife is a Japanese citizen resident in the U.S. on an H1-B (I am a U.S. citizen). We are currently searching for employment in Japan, but if...