Search found 2884 matches

by JamesSFO
Sun Dec 17, 2017 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: Combine rollover IRA with 401k account
Replies: 2
Views: 78

Re: Combine rollover IRA with 401k account

No reason not to combine overall. At margins, 401Ks often have higher expense ratios and can be changed on your e.g. if your company goes from a plan with low costs to one with higher costs/less flexibility. There may be other secondary reasons for one or the other but potential costs is a big one.
by JamesSFO
Tue Dec 12, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 863

Re: Suggestions for setting up 401K retirement plans for medical practice

Our law practice uses the new comparability and we have a defined benefit plan layered on top, we can do just shy of $54K into the 401K and another 100K or so per partner into the defined benefit plan.
by JamesSFO
Tue Dec 12, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: 401K question
Replies: 3
Views: 237

Re: 401K question

If I am paid on multiple 1099s the way I understand it is I can have more than one 401k. They question I have is my contribution limit 54k for each one or 54k total? You get one $18K limit, if you had different control groups you might get the opportunity to double up on the remaining $36K ($54-18)...
by JamesSFO
Sun Dec 10, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 42
Views: 5133

Re: Why is Vanguard switching all accounts to brokerage accounts?

I don't want to "upgrade" the Roth, log in, and not see the $2M because I'm not on that platform anymore. I'm willing to upgrade everything or nothing, but a partial upgrade makes no sense. Even if you only upgraded one account, everything would be on the same online platform/lists. Just at tax tim...
by JamesSFO
Sun Dec 10, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 863

Re: Suggestions for setting up 401K retirement plans for medical practice

Are these companies safe? What would happen to the investments if they go out of business? None of these companies directly hold your funds. All of them are third party administrators which partner with a financial institution to actually hold the funds. For example, when we used Ubiquity (not reco...
by JamesSFO
Sat Dec 09, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 863

Re: Suggestions for setting up 401K retirement plans for medical practice

I will also add to be able to save the most for yourselves you will likely need to add a safe harbor feature to your plan. Again, well worth it. We use the extra $ as a hiring inducement in communicating total salary to employees given that our pay is lower than larger firms but we cover 100% of emp...
by JamesSFO
Sat Dec 09, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 863

Re: Suggestions for setting up 401K retirement plans for medical practice

Given that you will be the largest contributors + savers in the plan I would be hesitant to sign up for such a large AUM fee. Vanguard/Ascensus also have plans. We use that service for our small law firm and since the partners are the biggest beneficiaries we chose to use Admiral funds and pay the h...
by JamesSFO
Fri Dec 08, 2017 8:09 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 42
Views: 5133

Re: Why is Vanguard switching all accounts to brokerage accounts?

Personally I love the new format so as you can see YMMV. It brought my number of accounts from 6 to 3. For my parents from like 12-15 down to 6. I have yet to experience any errors. Though I do get $0.01-0.05 stranded in my traditional IRA when I convert to Roth for backdoor... As for why VG is swit...
by JamesSFO
Sun Dec 03, 2017 6:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard or Betterment for our company 401k plan?
Replies: 10
Views: 1282

Re: Vanguard or Betterment for our company 401k plan?

Honestly, if you can get/keep participant fees low towards either of those numbers you're doing employees a great service.
by JamesSFO
Wed Nov 29, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 9140

Re: Analysis Paralysis: Can you get to the bottom of things?

You might want to think about some of Rubin's strategies for moving forward with the decision: .... Sounds similar to something out of Decisive by Heath and Heath which has been discussed on the forum before. It's a great book. Thanks for the recommendations. I think I will look into decisionmaking...
by JamesSFO
Tue Nov 28, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 9140

Re: Analysis Paralysis: Can you get to the bottom of things?

... I told myself about 6 months ago I’d get to the bottom of investing – and took a deep, deep dive, reading an enormous number of historical threads on this site, reading Vanguard white papers, academic papers, the wiki, books, etc. I’ve been primarily focused on wrapping my head around theory an...
by JamesSFO
Tue Nov 28, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard check lost
Replies: 6
Views: 922

Re: Vanguard check lost

finally figured out what happened. made a mistake assuming my wife knew what she was doing. I went through her online bank account and found that she deposited the check with another check at the same time. she was only looking at the exact value of the vanguard check. good thing they have scanned ...
by JamesSFO
Sun Nov 26, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable 3 fund portfolio at Vanguard vs Fidelity
Replies: 12
Views: 823

Re: Taxable 3 fund portfolio at Vanguard vs Fidelity

Why wouldn't you use Fido's low cost index funds to make the 3 fund portfolio? Personally I find ETFs more annoying for buy-and-hold since you cannot buy in exact dollar amounts or systematically invest $x/month automatically. PS I have 90% of assets at Vanguard, but have a small portfolio at Fido u...
by JamesSFO
Thu Nov 23, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Employer changing 401(k) terms
Replies: 12
Views: 1476

Re: Employer changing 401(k) terms

The % vs. $ could just be a payroll choice. The true up sounds like a cost savings.
by JamesSFO
Tue Nov 21, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: Tax Basics Cheatsheet?
Replies: 9
Views: 1569

Re: Tax Basics Cheatsheet?

by JamesSFO
Sun Nov 19, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Benefits of Flagship
Replies: 38
Views: 6333

Re: Benefits of Flagship

I have been told that your assigned, Flagship advisor will almost never be immediately available, so plan on leaving a message for a return call. Tim It varies, I just recently lost my long standing flagship rep, but in sequence I'm now on #4 over ~15 years. Anyhow, #2 was never available, #3 almos...
by JamesSFO
Fri Nov 17, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and $0.01 question
Replies: 6
Views: 694

Re: Backdoor Roth and $0.01 question

The money is never stranded. Whether 1 cent or 2 cents or 7 cents or whatever, it should be converted as soon as you see it. Presently, there is no limit to the amount of money one can convert each year to a Roth IRA. Vanguard should fix its web site so that 100% really means 100%. Agreed re fixing...
by JamesSFO
Thu Nov 16, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and $0.01 question
Replies: 6
Views: 694

Re: Backdoor Roth and $0.01 question

FWIW, since switching to the brokerage platform I end up with $0.01->$0.07 cents stranded and it takes a call to move it over. And I select 100%.
by JamesSFO
Thu Nov 16, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Value of 401k Employer Match vs. Salary Equivalent
Replies: 34
Views: 3351

Re: Value of 401k Employer Match vs. Salary Equivalent

I will just add I think treating it more or less like cash equivalent is fine OR you can look at your approximate average tax rate and do a small adjustment.
by JamesSFO
Thu Nov 09, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Eye Doctor $30 to get your Rx? Is this normal?
Replies: 78
Views: 5551

Re: Eye Doctor $30 to get your Rx? Is this normal?

I will just add that I use my VSP coverage at a small private opthamologist's office, and he does both the refraction and the full eye exam for my $20 VSP co-pay. His prescription pad is a duplicate type and I'm always handed the prescription before being escorted to wait in his very small eyeglass ...
by JamesSFO
Tue Nov 07, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Fair Price for a Kitchen Remodel
Replies: 37
Views: 3625

Re: Fair Price for a Kitchen Remodel

In the SF Bay area I got quotes between $30-100K for a kitchen remodel.
by JamesSFO
Mon Nov 06, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP+HSA, why mix insurance and investments???
Replies: 21
Views: 1345

Re: HDHP+HSA, why mix insurance and investments???

Given the crazy high percentage of US households that could not afford a $500-1,000 unplanned expense, the whole idea of HDHP's is arguably odd. But so are HSA limits lower than the annual OOP maximums and other restrictions. And yes, if you cannot afford the expense then allowing those people to in...
by JamesSFO
Mon Nov 06, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: HDHP+HSA, why mix insurance and investments???
Replies: 21
Views: 1345

Re: HDHP+HSA, why mix insurance and investments???

The implicit assumption if you are investing your HSA is that overall you can afford to pay for the "gap" from the HDHP out of current income/cash elsewhere. Thus letting the HSA accumulate tax free until age ~60. If you've saved your medical receipts for X years you can reimburse yourself at that t...
by JamesSFO
Sun Nov 05, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Who owns Vanguard? Schwab and Fidelity!
Replies: 27
Views: 3658

Re: Who owns Vanguard? Schwab and Fidelity!

This may reflect 401K plans. Example, Fidelity run 401Ks with Vanguard shares. My point being it isn't clear to me that Fidelity and Schwab are the true beneficial owners.
by JamesSFO
Sat Nov 04, 2017 11:17 am
Forum: Personal Consumer Issues
Topic: bidets
Replies: 35
Views: 3237

Re: bidets

Toto with heated water all the way.
by JamesSFO
Fri Nov 03, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Complaint Resolution
Replies: 21
Views: 1316

Re: Complaint Resolution

My point about repetitive requests is that eventually someone will give the correct information as to what happened, and hopefully why it happened. That was my experience but it took some time before one of the reps told me it had to do with my not requesting a transfer to the money market. Sure, b...
by JamesSFO
Fri Nov 03, 2017 9:39 pm
Forum: Investing - Theory, News & General
Topic: Complaint Resolution
Replies: 21
Views: 1316

Re: Complaint Resolution

I had an experience in July with a RMD transfer from an IRA to a taxable fund. The RMD lot was placed in the fund's nonqualified shares section of the cost basis. Eventually I learned that this had to do with not transferring the lot first to the taxable account's money market fund, from which it c...
by JamesSFO
Fri Oct 27, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Limit on carrying physical cash during domestic US flights
Replies: 35
Views: 3418

Re: Limit on carrying physical cash during domestic US flights

I'm not aware of any such rules; however, more generally there are often asset seizures of large sums of cash. My point being I wouldn't risk that since it will get X-rayed and you will get pulled aside and someone may decide to seize the cash... At which point even if you are innocent and the $ are...
by JamesSFO
Sun Oct 22, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6773

Re: Why do I need bonds? (I'm 30)

I was on the order of 90+% stocks through my 20's/30's, as I moved into late 30's/early 40's, I shifted to 70% stock/30% bonds. Some things that changed my thinking: 1) Efficient frontier curve, how much return for how much risk. Having bonds lets you get good returns without taking as much risk 2) ...
by JamesSFO
Sun Oct 22, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18442

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Short answer no; however, when Vanguard had the "ask a CFP" offering for Flagship I did use it for 2 years in a row. It helped reaffirm my sense that I was overall on course. 70% stock/30% bond, w/in stock 70% US/30% int'l, basically using 3 fund portfolio with about $10K of play money invested in i...
by JamesSFO
Sat Oct 21, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Thinking of converting all my total us stock market funds to target date funds
Replies: 8
Views: 1392

Re: Thinking of converting all my total us stock market funds to target date funds

While not the _most_ tax efficient for taxable, it's not the end of the world either; if it will make it easier for you to stay on track I would say go for it.
by JamesSFO
Tue Oct 10, 2017 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Worth moving existing i401k from Vanguard elsewhere?
Replies: 9
Views: 612

Re: Worth moving existing i401k from Vanguard elsewhere?

I will just add that when we moved from I401K at Vanguard to a "real plan" with a 401K provider, getting the assets successfully out of Vanguard was surprisingly frustrating. Luckily, my Flagship rep was able to help communicate the request since the SmallBiz team kept misunderstanding the requests.
by JamesSFO
Fri Oct 06, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 391
Views: 55775

Re: Retirement Account Stolen by Identity theft

So sad to read about this, hopefully given the $ amounts involved, law enforcement will take strong action to help in recovering the monies. :(
by JamesSFO
Fri Sep 15, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Wash rule question
Replies: 5
Views: 439

Re: Wash rule question

Wash rule doesn't care about which account/account type money is in, so if transaction would count as a wash doing it in IRA instead of taxable wouldn't matter.
by JamesSFO
Tue Sep 12, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 33805

Re: Vanguard Customer Service

Also USAA will do medallion signature guarantees via mail (or at least used to like 10 years ago when I opened my treasury direct account). I mailed them the form with my signature the applied the MSG and mailed it on to the Treasury.
by JamesSFO
Sun Sep 10, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Instead of a credit freeze, I want to receive a phone call before credit is opened in my name.
Replies: 26
Views: 2866

Re: Instead of a credit freeze, I want to receive a phone call before credit is opened in my name.

I've had my credit reports frozen for several years, and whenever I've thawed them online I've received no phone calls or any other notifications that the thaws were performed or that the freezes went back into effect. Nor was I notified when I opened a new line of credit when the freeze was lifted...
by JamesSFO
Fri Sep 08, 2017 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Instead of a credit freeze, I want to receive a phone call before credit is opened in my name.
Replies: 26
Views: 2866

Re: Instead of a credit freeze, I want to receive a phone call before credit is opened in my name.

FWIW, when you have a credit freeze you will get such calls when you unfreeze since they will call you at the number(s) listed...
by JamesSFO
Sun Aug 27, 2017 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Last Will & Testament web app
Replies: 3
Views: 547

Re: Last Will & Testament web app

Nolo Press has excellent books and online tools.
by JamesSFO
Wed Aug 16, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Progress, thanks, and seeking advice on 2nd careers
Replies: 20
Views: 2680

Re: Progress, thanks, and seeking advice on 2nd careers

What do you enjoy and what are you passionate about? What is important to you and what do you want your legacy to be? How many hours a week are you looking to work? Does it matter how much you make - say if you made $10/hour as a teacher / coach or would you rather make $100+ / hour part-time and v...
by JamesSFO
Mon Aug 14, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Progress, thanks, and seeking advice on 2nd careers
Replies: 20
Views: 2680

Re: Progress, thanks, and seeking advice on 2nd careers

There's a tool at CareerInfoNet.org where you answer questions to provide a skills assessment. The program then suggests careers. You might use this tool to learn about careers you might not have considered otherwise. Additional free resources - ONetOnline.org MyNextMove.org Good luck! Thanks!
by JamesSFO
Mon Aug 14, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Progress, thanks, and seeking advice on 2nd careers
Replies: 20
Views: 2680

Re: Progress, thanks, and seeking advice on 2nd careers

I hope this isn't a thread-jack, but for people who have made this type of change, did you: a) figure out what you wanted to do as your "second act" before quitting the old job b) Quit the old job and take some time off and figure out where you want to go from here? Do you recommend the course you ...
by JamesSFO
Sun Aug 13, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Progress, thanks, and seeking advice on 2nd careers
Replies: 20
Views: 2680

Re: Progress, thanks, and seeking advice on 2nd careers

Thanks for the additional examples and thoughts, it's very helpful.
by JamesSFO
Sat Aug 12, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Progress, thanks, and seeking advice on 2nd careers
Replies: 20
Views: 2680

Re: Progress, thanks, and seeking advice on 2nd careers

Thanks so much, appreciate some concrete suggestions!!!! :sharebeer
by JamesSFO
Wed Aug 09, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 33805

Re: Vanguard Customer Service

Which website are you referring to (smallbiz.vanguard.com ; my.vanguardplan.com ; investor.vanguard.com ; other )? I'm referring to this site: https://retirementplans.vanguard.com/VGApp/pe/PublicHome#/ Neat, add that one to the list. Maybe that's for larger plans, I'm not personally familiar with t...
by JamesSFO
Fri Aug 04, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 33805

Re: Vanguard Customer Service

Vanguard's website to register your 401(k) account is especially atrocious. I tried to do this for my dad recently. I finally gave up in disgust. Shame for a company like Vanguard. What you are attributing to Vanguard might not even be their website even if it seems like your plan is a "Vanguard" 4...
by JamesSFO
Fri Aug 04, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Progress, thanks, and seeking advice on 2nd careers
Replies: 20
Views: 2680

Progress, thanks, and seeking advice on 2nd careers

Well indexing and the market have been good for me, started this month with investment accounts only finally in the $2M range. Remain tremendously appreciative of the many posters who are deeply knowledgable and deeply engaged on this site for all of the advice they provide. Onward and upward hopefu...
by JamesSFO
Thu Aug 03, 2017 10:46 pm
Forum: Investing - Theory, News & General
Topic: IRS Disclosure of Brokerage Information
Replies: 6
Views: 680

Re: Brokerage Disclosure of Private Information

I will note one of the authors of the paper works for the IRS and often (I once did a project involving census data in the mid 90's) researchers can (under NDA) get some data that otherwise wouldn't be public.

My point being I don't believe that joe random can look up my (or live soft's) Schedule B