Search found 2129 matches

by hoppy08520
Fri Feb 07, 2020 1:58 pm
Forum: Investing - Theory, News & General
Topic: TSP L Fund fact sheet graph supports L Income?
Replies: 13
Views: 1071

Re: TSP L Fund fact sheet graph supports L Income?

I don't know where the TSP got those numbers, but that graph is striking in that while the efficient frontier line does rise, the slope is very small and it means you have to take on a lot more risk for very little added expected reward. I think this is a reflection of pessimism over expected long-t...
by hoppy08520
Wed Jan 15, 2020 11:40 am
Forum: Personal Investments
Topic: Best Thrift Savings Plan (TSP) book or resource?
Replies: 14
Views: 1090

Re: Best Thrift Savings Plan (TSP) book or resource?

Scanning your past posts, I see that you're young (having a child) so you're in the accumulation/investing phase. At this point, the TSP is about as simple as operating a non-motorized scooter, fortunately. There isn't much to do, and to borrow the quote from the beloved namesake of this forum, bein...
by hoppy08520
Wed Jan 15, 2020 10:52 am
Forum: Personal Finance (Not Investing)
Topic: [TSP - Inheritance Rule Changes due to the SECURE Act]
Replies: 18
Views: 1629

Re: [TSP - Inheritance Rule Changes due to the SECURE Act]

Can anyone clarify why the beneficiary(ies) of a TSP beneficiary participant account cannot roll their inheritance into an IRA and benefit from the new 10-year stretch rule? I believe this rule about successor beneficiaries applies to all employer retirement plans, not just TSP. Explained here. Thi...
by hoppy08520
Fri Jan 03, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Reversing 529 contribution - rookie mistake, rookie question
Replies: 6
Views: 662

Re: Reversing 529 contribution - rookie mistake, rookie question

I'd leave the extra contribution in, if your financial circumstances allow. It's true that only the earnings (which are minimal in your case) of a non-qualified withdrawal are subject to federal and state income tax + the 10% federal penalty, but you may lose the entire state tax credit for last ye...
by hoppy08520
Thu Jan 02, 2020 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Reversing 529 contribution - rookie mistake, rookie question
Replies: 6
Views: 662

Re: Reversing 529 contribution - rookie mistake, rookie question

SchruteB&B wrote:
Thu Jan 02, 2020 12:31 pm
Earnings would just be pennies, but to be super technical, every withdrawal from a 529 is made up pro rata of contribution and earnings (unlike a Roth IRA) So if you have made ANY money, it will come out proportionally, however de minimus it is.
Thanks for the tip, I appreciate it!
by hoppy08520
Thu Jan 02, 2020 10:45 am
Forum: Personal Finance (Not Investing)
Topic: [TSP - Inheritance Rule Changes due to the SECURE Act]
Replies: 18
Views: 1629

Re: [TSP - Inheritance Rule Changes due to the SECURE Act]

FWIW, it looks like the TSP is not alone in digesting the finer details of how to implement the SECURE Act. I logged in to my workplace T. Rowe Price 401(k) account today and got this message: The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) was signed into law this...
by hoppy08520
Thu Jan 02, 2020 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Reversing 529 contribution - rookie mistake, rookie question
Replies: 6
Views: 662

Re: Reversing 529 contribution - rookie mistake, rookie question

Thank you livesoft! I think your thinking is fine. For a non-qualified distribution one would only have to pay tax on the gain and the 10% on the gain. You may wish to wait until the new 529 plan loses money and then withdraw, too. That's not such a bad idea...although I'm thinking to withdraw it no...
by hoppy08520
Thu Jan 02, 2020 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Reversing 529 contribution - rookie mistake, rookie question
Replies: 6
Views: 662

Reversing 529 contribution - rookie mistake, rookie question

Hello, can anyone confirm this for me? The answer looks obvious but sometimes these topics are more complex than they seem... I set up a 529 for my minor child (elementary school age) on 12/30/2019....foolishly waited until almost the last minute. I wanted to get a contribution made before the end o...
by hoppy08520
Mon Dec 30, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: [TSP - Inheritance Rule Changes due to the SECURE Act]
Replies: 18
Views: 1629

Re: Improving the TSP [for current participants]

I received an email from TSP: President Trump has signed the Setting Every Community Up for Retirement Enhancement (SECURE) Act into law. We’re currently looking into how the SECURE Act might affect the TSP. We will update you as more details are finalized. Now I am wondering if the SECURE Act migh...
by hoppy08520
Mon Dec 30, 2019 11:10 am
Forum: Personal Consumer Issues
Topic: Any audiophiles on this forum?
Replies: 120
Views: 9241

Re: Any audiophiles on this forum?

Anyone here with a $10k “power plant?” https://www.psaudio.com/products/directstream-power-plant-20/ No, but for many years I've been tempted to buy one of their power plants. Or a VPI ADS/SDS, which is a similar unit for the VPI turntable. Have you used any of PS Audio's more affordable power plan...
by hoppy08520
Mon Dec 30, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Discovery Benefits (Wex) HSA - fees?
Replies: 0
Views: 155

Discovery Benefits (Wex) HSA - fees?

My employer recently switched to Discovery Benefits HSA for the upcoming year (2020). I plan to use the HSA for investing purposes, as I have for a number of years with other HSAs. My company is transferring our current HSA balances from the old custodian to the new one. I have around $7,000 in the ...
by hoppy08520
Fri Dec 06, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 80
Views: 14449

Re: New era for TSP "I" Fund?

Anyone know more than I do about a timeline for implementation of this? Every time I try to search for news on it I only find months-old information; the latest that Congress opposed certain investments but the TSP board President said it was still moving forward- however, no timeline was provided....
by hoppy08520
Fri Sep 27, 2019 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 419
Views: 66057

Re: Improving the TSP [for current participants]

I hold a survivor beneficiary TSP account. My designated beneficiary is non-spousal, my daughter.... You may know this, but be aware that for a "beneficiary participant" like you, if you die and your daughter is your beneficiary, then as a successor beneficiary, your TSP balance would be issued as ...
by hoppy08520
Sun Jul 07, 2019 3:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 21675

Re: Larry Swedroe: The Historical Imperative For International Diversification

If the US continues to outperform then you’ll do a little better than a market cap portfolio, but probably not a whole lot better because of reversion to the mean eventually catching up. But if you put all your eggs in the US basket, you risk a big downside in the case of a gradual US stagnation or ...
by hoppy08520
Sat May 25, 2019 8:22 am
Forum: Personal Consumer Issues
Topic: Any audiophiles on this forum?
Replies: 120
Views: 9241

Re: Any audiophiles on this forum?

You can have an incredible system for $5k used from Audiogon, Craigslist and eBay. Music Reference RM-9 mk2 amp $1,500 used 4x KT-120 power tubes for RM-9 - $300 Anthem Pre 1 preamp + phono stage, $500 used Spendor S100 speakers, used, $1,200. Current edition is $12,500 per pair (Classic 100) VPI Cl...
by hoppy08520
Tue May 21, 2019 3:28 pm
Forum: Investing - Theory, News & General
Topic: TSP modernization implementation date: 9/15/2019
Replies: 24
Views: 2958

Re: TSP modernization implementation date: 9/15/2019

Whoops. That's what I meant I is changing to Total International. Are you sure this change is taking place as well on 9/15/2019? Seems like I saw some posts that the I fund won’t switch over until the new administrator of the fund takes over. Even then it will be a gradual change. I figured that mi...
by hoppy08520
Tue May 21, 2019 10:45 am
Forum: Investing - Theory, News & General
Topic: TSP modernization implementation date: 9/15/2019
Replies: 24
Views: 2958

Re: TSP modernization implementation date: 9/15/2019

I'm guessing that the modernization will not include changing the I Fund to total world? No, but it will change to Total International. Whoops. That's what I meant I is changing to Total International. Are you sure this change is taking place as well on 9/15/2019? Seems like I saw some posts that t...
by hoppy08520
Sat Apr 27, 2019 5:39 pm
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 117
Views: 18985

Re: Google sheets not pulling stock prices

OK, after consulting with my scripting buddy, forum member siamond, who made key contributions to the development of this script, I've decided to share it..... [...snip...] :o :o :o Dang. I am impressed. Nice job. Good job figuring that out and doing such nice work with it! :D :D :D :D :D Inspired ...
by hoppy08520
Fri Apr 26, 2019 8:19 am
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 117
Views: 18985

Re: Google sheets not pulling stock prices

You could also do multiple implementations of price retrieval in different columns of the Prices sheet or spreadsheet, and then use IFERROR around your VLOOKUP or FILTER to grab the value in a different column if there's an error retrieving it from the first column. This is similar to an earlier ex...
by hoppy08520
Sat Apr 20, 2019 7:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard kicking butt with Target Date Funds
Replies: 22
Views: 6069

Re: Vanguard kicking butt with Target Date Funds

I got the Boglehead bug 7 years ago (wow, can't believe it's been that long) and since then I've been slicing and dicing like the engineer I am with my wacky multi-tab spreadsheet. But increasingly I'm drawn toward wanting TDF/LifeStrategy for simplicity. I have taken a small step in that direction ...
by hoppy08520
Mon Apr 15, 2019 8:45 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan expenses rising
Replies: 50
Views: 5050

Re: Thrift Savings Plan expenses rising

All I know is my balance is multiple times larger than those who have worked here twice as long as me, and they sure spend a lot of time figuring out how to lose money. :D Thanks for the chuckle. I get the same impression when I read the comments section, on any website, on anything about the TSP. ...
by hoppy08520
Mon Apr 15, 2019 7:44 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan expenses rising
Replies: 50
Views: 5050

Re: Thrift Savings Plan expenses rising

In addition to the G fund....... - Superior protection from creditors - When reconstituted next year, the I fund ER will be 56% and 60% lower than comparable Vanguard and Blackrock offerings (VXUS, IXUS). - Retirees age 55-59.5 can withdraw funds penalty-free without setting up and being bound by a...
by hoppy08520
Sun Apr 14, 2019 10:43 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan expenses rising
Replies: 50
Views: 5050

Re: Thrift Savings Plan expenses rising

In addition to the G fund....... - Superior protection from creditors This is a big one for me. While I don't anticipate creditors, and I'm not in a high-risk profession performing surgeries on people, why not play it safe when there is virtually no downside to playing it safe? I'm a former Fed and...
by hoppy08520
Sun Apr 14, 2019 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 419
Views: 66057

Re: Improving the TSP [for current participants]

According to their February 2019 minutes, the Federal Retirement Thrift Investment Board remains on target to implement expanded withdrawal options on September 15, 2019. Here's a link to the Board's minutes, where this topic is discussed on pages 6-7: MichDad, I am grateful for your updates. I sho...
by hoppy08520
Wed Apr 10, 2019 3:37 pm
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 117
Views: 18985

Re: Google sheets not pulling stock prices

Today I got a result of #N/A FOR VTMSX (Vanguard Tax Managed Small Cap) for goggle sheets function GOOGLEFINANCE("VTMSX","closeyest"). Yesterday it worked fine. My other symbols popped up fine. Anyone else have an issue? I'm getting that error too. But it worked for a different ticker VTIAX so who ...
by hoppy08520
Fri Apr 05, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benefits Of International Diversification
Replies: 86
Views: 7642

Re: Larry Swedroe: Benefits Of International Diversification

US investor here and my IPS is 60/40 US/International. Until several years ago, I was 70/30 but have been moving closer to market cap, having been influenced by Vanguard's line on this topic. I'm doing this not to juice returns but to diversify and not be too reliant on a single country (my own) for...
by hoppy08520
Wed Apr 03, 2019 8:32 am
Forum: Personal Investments
Topic: Lifestrategy vs 100% Stock in HSA
Replies: 18
Views: 1609

Re: Lifestrategy vs 100% Stock in HSA

Generally, I believe in the total-portfolio approach to asset allocation. I don't care too much which funds/classes are in which accounts as long as the cumulative AA meets my goal. I've got two exceptions to this, however. My Roth and HSA accounts are closer to 100% stock even though my overall AA ...
by hoppy08520
Mon Apr 01, 2019 3:53 pm
Forum: Personal Consumer Issues
Topic: Best enhancement for folks who work from home
Replies: 44
Views: 5116

Re: Best enhancement for folks who work from home

When I started WFH regularly, I decided to spend a bit more to have a really good setup. My two splurges were: 38" ultrawide monitor (Dell U3818DW). I figured that I'd like it more than my old dual monitor setup, but I am surprised how much more quality of (work) life this brings to me. Erasing the ...
by hoppy08520
Sat Mar 30, 2019 8:27 am
Forum: Personal Investments
Topic: HSA for Teachers and Municipal Workers in Ohio
Replies: 8
Views: 653

Re: HSA for Teachers and Municipal Workers in Ohio

Sheesh, it's just criminal how teachers and local government workers get exploited in 403(b) plans and I guess HSA plans too. I'm not in Ohio or in your field, but from what you've written, I would make your own HSA deposits to a Fidelity HSA to avoid all those fees. If you think the payroll deposit...
by hoppy08520
Sat Mar 30, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about going into sales from engineering
Replies: 39
Views: 3214

Re: Thinking about going into sales from engineering

Software guy here. Maybe that's what this job is, but look at being a sales engineer . Each company does this differently, but depending on your product, a sales engineer builds out solutions for demos, prototypes solutions, and often does the hands on product demo to prospects. The "account executi...
by hoppy08520
Tue Mar 26, 2019 6:55 pm
Forum: Personal Investments
Topic: How do you rebalance across Roth and Traditional Acounts?
Replies: 29
Views: 2129

Re: How do you rebalance across Roth and Traditional Acounts?

When I first got interested obsessed with investing, I did try to evaluate my portfolio from a tax-adjusted AA. After getting a headache trying to do this in my spreadsheet, and reading that it probably doesn't really matter that much, I shelved the idea. I do, however, have my Roth and HSA accounts...
by hoppy08520
Tue Mar 26, 2019 1:24 pm
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 146
Views: 21629

Re: Bogleheads with $100K+ MSRP cars?

Replying to this thread before it gets merged and locked into The $4,026,858.95 Car or a Worry-Free Retirement? :twisted:
by hoppy08520
Tue Mar 26, 2019 1:21 pm
Forum: Personal Investments
Topic: HSA - new account
Replies: 3
Views: 346

Re: HSA - new account

Since you opened your HSA in January 2017, any qualified medical expense for a service/product that occurred on or after the date you opened the HSA, can be reimbursed now or in the future. It doesn't matter if you move your HSA account between different custodians, there's no requirement related to...
by hoppy08520
Mon Mar 25, 2019 7:16 am
Forum: Personal Investments
Topic: Questions on moving HSA (and more) to Fidelity
Replies: 2
Views: 451

Re: Questions on moving HSA (and more) to Fidelity

2) We pay for medical bills out-of-pocket and save receipts. I want to confirm that the previously saved receipts from transactions made while the Saturna account was open are still good to keep saving and reimburse myself from down the road from our new Fidelity account. I assume yes but want to m...
by hoppy08520
Fri Mar 22, 2019 7:10 am
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 14016

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

Another factor for expensive vehicles is that many states have a property tax. Virginia has a 4.15% vehicle property tax, annually. So a $60k car has a $2,490 property tax. Vermont has a one-time 6% vehicle title tax. Many other states do similar. Living in VA, I’m happy to be driving a 14-year-old ...
by hoppy08520
Thu Mar 21, 2019 6:20 am
Forum: Investing - Theory, News & General
Topic: What year does employer contribute to 401k?
Replies: 20
Views: 1491

Re: What year does employer contribute to 401k?

My company does a 4% match (assuming we contribute 5%) in February of the next year. You must be employed on 12/31 of prior year to get the match for that year. We are 100% vested with matching funds. “Match contributions are calculated on your deferred rate per pay.” — not quite sure what this mean...
by hoppy08520
Wed Mar 20, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Transfer into TSP
Replies: 17
Views: 1092

Re: IRA Transfer into TSP

For whatever reason, Roth ira's can't be transferred into the tsp. Just one point on this: Roth IRAs cannot be rolled into Roth 401(k) plans either, or any employer retirement plan, not just the TSP. Is there a reason they made it that way? I'm not really sure why, but it's just the law as it is. I...
by hoppy08520
Wed Mar 20, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Transfer into TSP
Replies: 17
Views: 1092

Re: IRA Transfer into TSP

tj wrote:
Tue Mar 19, 2019 4:30 pm
For whatever reason, Roth ira's can't be transferred into the tsp.
Just one point on this: Roth IRAs cannot be rolled into Roth 401(k) plans either, or any employer retirement plan, not just the TSP.
by hoppy08520
Mon Mar 18, 2019 9:29 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1060
Views: 117332

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Looking for an ELI5 (ok, ELI25). Have an HSA through HSABank. No longer employed at the company that used them so it's just my HSA with no contributions. Currently, I have $5k at HSA Bank in cash and $25k at TDA (invested in no-load funds). Would like to move this over to Fidelity. From those who h...
by hoppy08520
Sat Mar 16, 2019 10:26 am
Forum: Personal Investments
Topic: New 401k with John Hancock
Replies: 5
Views: 640

Re: New 401k with John Hancock

For John Hancock funds, you have to look at the expense ratios for your actual employer plan, not some page on the internet. Log into your account and see what the published fund expense ratios are. It's like airline seats -- you all have the same seats but everyone paid a different amount. Also, be...
by hoppy08520
Wed Mar 13, 2019 8:50 pm
Forum: Personal Investments
Topic: TSP in Retirement
Replies: 41
Views: 4536

Re: TSP Pre-retirement

I have a substantial TSP balance, 61 now and plan on retiring in 7 years. A prospective advisor advised I should withdraw the balance now and invest in his products, several of which are annuity hybrids that can ostensibly also work as Long Term Care insurance. Why would I want withdraw my funds no...
by hoppy08520
Mon Mar 11, 2019 4:20 pm
Forum: Personal Investments
Topic: TSP in Retirement
Replies: 41
Views: 4536

Re: TSP in Retirement

If nothing else, leave a token balance in you TSP and don't close the account. I am not sure what the minimum balance is, I think it might be $200. There may come a day where you might want to transfer some money back in, and if you close your account, you'll never get that option again. I left Fede...
by hoppy08520
Mon Mar 11, 2019 2:40 pm
Forum: Personal Investments
Topic: TSP in Retirement
Replies: 41
Views: 4536

Re: TSP in Retirement

Before I change my will to name my children named directly as secondary TSP beneficiaries, I will need to research to see if TSP funds can be transferred to an inherited IRA in ANOTHER institution as a non-taxable event after my death. I am not a tax pro but I am pretty sure that how the beneficiar...
by hoppy08520
Wed Feb 27, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: TSP Question: Why would AA change on L-Income?
Replies: 5
Views: 575

Re: TSP Question: Why would AA change on L-Income?

This is not a debate about the actual Asset Allocation for the TSP Lifecycle Income Fund (I find it a bit too conservative for my tastes, even after retirement next year). But my question is this: If you go to to look at the AA for this fund, it varies over time. And in fact, it gets LESS conservat...
by hoppy08520
Wed Feb 27, 2019 10:11 am
Forum: Investing - Theory, News & General
Topic: BenefitWallet HSA - anyone successfully liquidated 100% of investments? (update: also transfer/rollover issues)
Replies: 77
Views: 7462

Re: BenefitWallet HSA - anyone successfully liquidated 100% of investments? (update: also transfer/rollover issues)

This whole thread seems terrifying to me since husband's HSA is through BenefitWallet and we're just about at the point where we want to start investing a portion of it. Hoping those of you who now have this experience can give your opinion about what we should do when we're ready to invest it sinc...
by hoppy08520
Sat Feb 23, 2019 9:29 am
Forum: Personal Investments
Topic: Should I keep money in TSP long term?
Replies: 66
Views: 3419

Re: Should I keep money in TSP long term?

Because my wife and I are in our mid 70s, we just rolled over our TSP to Fidelity. We did this because of the inheritance issue . Otherwise we would have stayed. A great program. I just want to point out that it is not necessary to do this, as others have written. Suppose Frances is the retired Fed...
by hoppy08520
Sat Feb 23, 2019 9:12 am
Forum: Personal Investments
Topic: Should I keep money in TSP long term?
Replies: 66
Views: 3419

Re: Should I keep money in TSP long term?

I am going to keep my TSP. As far as the backdoor IRA, my plan is to do that through my financial adviser with new money going forward (I'm not sure how the paperwork is done). This will be on top of maxing my 401k at work. Your financial advisor has already revealed himself to be against your own ...
by hoppy08520
Thu Feb 21, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: Google sheets not pulling stock prices
Replies: 117
Views: 18985

Re: Google sheets not pulling stock prices

Update to this older thread. I couldn't get my new Vanguard International Small Cap Admiral ticker VFSAX to be recognized by GoogleFinance or BigCharts.Marketwatch because the fund is so new, so I figured out another way to get realtime prices with the ImportXML function from the Bloomberg stock pag...
by hoppy08520
Wed Feb 20, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: TSP share price in Google Sheets like GoogleFinance
Replies: 19
Views: 12765

Re: TSP share price in Google Sheets like GoogleFinance

Separately, Vanguard recently converted VTWSX to VTWAX and google does not recognize the ticker (VTWAX). Does anyone know how long it usually takes google to index the ticker so that the Sheets app recognizes it and pulls in the price data? I'm having the same issue with VFSAX - Vanguard FTSE All-W...
by hoppy08520
Wed Feb 20, 2019 11:43 am
Forum: Investing - Theory, News & General
Topic: TSP share price in Google Sheets like GoogleFinance
Replies: 19
Views: 12765

Re: TSP share price in Google Sheets like GoogleFinance

Here is the new function I am using to pull today's price for the G Fund from the page. Just modify the table column number for other fuds. To pull yesterday COB price for G: =importxml("https://www.tsp.gov/InvestmentFunds/FundPerformance/index.html","//table[1]/tr[2]/td[7]") Yup, good work, that's...