Search found 1434 matches

by furwut
Fri Apr 19, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for College Freshman
Replies: 45
Views: 1471

Re: Best Credit Card for College Freshman

Apple Card? No late fees.
by furwut
Thu Apr 18, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2667

Re: Insurance Advice after bicycle accident

EDIT TO ADD: As I think about this the advice recommended above to consult a personal injury attorney is exactly right. They are the experts and will be able to tell you if you have a viable claim worth *their* time. The initial consult should be free. Nature of their business. Look for one that spe...
by furwut
Fri Apr 12, 2019 5:14 pm
Forum: Personal Investments
Topic: Program for withdrawal and income streams??
Replies: 2
Views: 278

Re: Program for withdrawal and income streams??

I believe many like to use i-ORP.
https://www.i-orp.com/bequest/index.html

The Wiki has a section on Retirement Calculators:
Retirement calculators and spending
by furwut
Wed Apr 03, 2019 4:36 pm
Forum: Personal Investments
Topic: Help me understand MAGI
Replies: 7
Views: 824

Re: Help me understand MAGI

radchad3 wrote:
Wed Apr 03, 2019 4:32 pm
I did not realize this. How does anyone know where they stand in regards to the subsidy cliff if there are multiple?
Ah, the ACA (aka Obamacare) has its own MAGI calculated as follows
http://laborcenter.berkeley.edu/pdf/201 ... mary13.pdf
by furwut
Wed Mar 27, 2019 7:25 am
Forum: Personal Investments
Topic: Avoiding tax torpedo at 70.5
Replies: 36
Views: 4513

Re: Avoiding tax torpedo at 70.5

Because it is extremely unlikely that I will ever spend all my money, I am planning on leaving most of it to charity.
That’s great! Just a word of caution - don’t overlook the possibility of large future expenses for long term care.
by furwut
Wed Mar 27, 2019 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Switching from reseller to Sprint
Replies: 16
Views: 575

Re: Switching from reseller to Sprint

Have you tried this: https://www.sprint.com/en/shop/bring-your-phone-to-sprint.html That is the site that tells me I have service with Sprint. My guess is they check the device ID in their device ID database and don't check whether it's a customer of theirs or that of a reseller. Not service, input...
by furwut
Wed Mar 27, 2019 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 68
Views: 5646

Re: Apple Card

The titanium and looks thing should not be underestimated. If you have 3 different cards in your wallet, you'll choose the one that looks and feels nice. Oooh, so nice and shiny. My precious! :D I'm wondering if there's any real advantage to not having the card number and CVV printed on it. I alway...
by furwut
Sun Mar 24, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: How to juggle Roth conversions with staying under ACA cliff?
Replies: 22
Views: 1441

Re: How to juggle Roth conversions with staying under ACA cliff?

Under the ACA income range for a subsidy (138% to 400% Federal Poverty Level) every additional dollar of income causes some loss of premium tax credit - effectively an additional tax at a rate, initially, of 15% up to 300% FPL (I think) then 9.5% thereafter. Combined with Federal and State your ove...
by furwut
Sun Mar 24, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: How to juggle Roth conversions with staying under ACA cliff?
Replies: 22
Views: 1441

Re: How to juggle Roth conversions with staying under ACA cliff?

Under the ACA income range for a subsidy (138% to 400% Federal Poverty Level) every additional dollar of income causes some loss of premium tax credit - effectively an additional tax at a rate, initially, of 15% up to 300% FPL (I think) then 9.5% thereafter. Combined with Federal and State your over...
by furwut
Sun Mar 24, 2019 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Do you trust/use your bank’s mobile app
Replies: 34
Views: 1673

Re: Do you trust/use your bank’s mobile app

Either is fine but I would avoid doing sensitive things over an untrusted network. In the Apple world I’ve read that iOS, by design, is more secure than macOS. I haven’t found that apps have reached feature parity with websites yet but it’s bound to happen. OP, by repeatedly reinstalling your bank’s...
by furwut
Thu Mar 21, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: 1st time on ACA
Replies: 35
Views: 3030

Re: 1st time on ACA

Re: APTC (i.e., subsidy) versus Refund at Tax Time There’s nothing “wrong” with paying the full premium upfront and getting a portion of it back as a premium tax credit on your income taxes if doing so doesn’t leave you cash strapped. Just pay the premium with a cash-back credit card and the intere...
by furwut
Thu Mar 21, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: 1st time on ACA
Replies: 35
Views: 3030

Re: 1st time on ACA

Re: APTC (i.e., subsidy) versus Refund at Tax Time There’s nothing “wrong” with paying the full premium upfront and getting a portion of it back as a premium tax credit on your income taxes if doing so doesn’t leave you cash strapped. Just pay the premium with a cash-back credit card and the interes...
by furwut
Mon Mar 18, 2019 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Fraudulent credit balance transfer on my credit card - bank says "too bad"
Replies: 29
Views: 3860

Re: Fraudulent credit balance transfer on my credit card - bank says "too bad"

Be aware that security questions are a compromised form of multi-factor authentication since the Experian hack/debacle. All of the questions and answers are “in the wind.” And answers should not be "real" answers. If you born in Chicago, for example, the answer to "Where were you born?" shouldn't b...
by furwut
Sat Mar 16, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: Best app to listen to music?
Replies: 13
Views: 1124

Re: Best app to listen to music?

Flyer24 wrote:
Sat Mar 16, 2019 11:30 am
Personal Finance forum?
Should be Personal Consumer Issues.
by furwut
Sat Mar 16, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Best app to listen to music?
Replies: 13
Views: 1124

Re: Best app to listen to mu

Consumer Reports: Best Music Streaming Services

You may want to add, as a consideration, whether a service allows one to download songs for offline playback.
by furwut
Sat Mar 16, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Optimal age to purchase SPIA
Replies: 34
Views: 2886

Re: Optimal age to purchase SPIA

The Variable Percentage Withdrawl method suggests age 80. Around age 80, if you're still alive, it is important to consider using part (but not all) of your remaining portfolio to buy an inflation-indexed Single Premium Immediate Annuity (SPIA), so that total non-portfolio income (including Social S...
by furwut
Tue Mar 12, 2019 12:01 pm
Forum: Investing - Theory, News & General
Topic: Are Vanguard Mutual Funds dying?
Replies: 152
Views: 15150

Re: Are Vanguard Mutual Funds dying?

I think most people invest in the market via 401k retirement accounts. Most 401ks don’t have brokerage windows to allow EFT purchases and most people will stick to the default mutual fund offerings anyway.
by furwut
Mon Mar 11, 2019 6:39 am
Forum: Personal Finance (Not Investing)
Topic: How much Auto/home liability insurance do I really need?
Replies: 18
Views: 1436

Re: How much Auto/home liability insurance do I really need?

If you have $50,000 in liability coverage then the insurance company provides you with a $50,000 defense.

I’d rather have a $1 million defense.
by furwut
Mon Mar 11, 2019 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Free Online Tax Filing (Schedules D and R)
Replies: 4
Views: 367

Re: Free Online Tax Filing (Schedules D and R)

If your income is under $66,000 the IRS has a tool that will tell you what free filing software is available.

https://www.irs.gov/filing/free-file-do ... s-for-free
by furwut
Tue Mar 05, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: IRA's in General
Replies: 7
Views: 611

Re: IRA's in General

not more than $250K apiece so as not to exceed the FDIC insurance limit
FYI,
I’ve been told that 250K is not a hard limit and, by listing beneficiaries, that limit is considerably raised.
by furwut
Sat Mar 02, 2019 3:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard vs everyone else
Replies: 38
Views: 4126

Re: Vanguard vs everyone else

I think, in the long run, Vanguard’s mutual form of ownership will continue to better align their interests with the shareholders. You are NOT a shareholder of Vanguard. Even if what you say is true, why don't mutual companies dominate all aspects of the economy? I’m not? :wink: The company is owne...
by furwut
Sat Mar 02, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: Experience with Apple Pay?
Replies: 71
Views: 6417

Re: Experience with Apple Pay?

I like Apple Pay but only a few places I shop take it. I’d be nice not to have to carry my payment cards with me but, until then, Apple Pay is just a neat tech trick.
by furwut
Sat Mar 02, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard vs everyone else
Replies: 38
Views: 4126

Re: Vanguard vs everyone else

I think, in the long run, Vanguard’s mutual form of ownership will continue to better align their interests with the shareholders.
by furwut
Fri Mar 01, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Should I switch my daily banking business to Ally?
Replies: 51
Views: 3427

Re: Should I switch my daily banking business to Ally?

has anyone used the deposit-checks-with-your-iPhone function?
Works well.

The thing with any internet only bank is what do you do on the rare occasion you need a branch service. A local credit union + Ally is a good combination.
by furwut
Thu Feb 28, 2019 8:33 am
Forum: Personal Consumer Issues
Topic: Going to "cash-only" restaurants?
Replies: 109
Views: 4341

Re: Going to "cash-only" restaurants?

Barber shop I use takes credit for the service but tip is cash-only.
by furwut
Wed Feb 27, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Mini rant -- 401(k)s
Replies: 26
Views: 3929

Re: Mini rant -- 401(k)s

I feel your pain. I was in the same boat much of my working days. Redirect some of your savings into a taxable account.

In retirement having tax diversity can be advantageous.
by furwut
Wed Feb 27, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Bank Bonuses w/ Debit Card Activity as Requirement = No 1099-INT
Replies: 12
Views: 1082

Re: Bank Bonuses w/ Debit Card Activity as Requirement = No 1099-INT

Call the bank? If the bank isn’t issuing a 1099 then I’d go with their determination.
by furwut
Tue Feb 26, 2019 9:45 am
Forum: Personal Consumer Issues
Topic: Got a Macbook Air, Hate the 'Butterfly" Keyboard
Replies: 11
Views: 1153

Re: Got a Macbook Air, Hate the 'Butterfly" Keyboard

Have you considered using an external keyboard?
by furwut
Sun Feb 24, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Managing Credit Freezes
Replies: 15
Views: 1454

Re: Best Practices for Managing Credit Freezes

beyou wrote:
Sat Feb 23, 2019 2:09 pm


Anyone who complains about Vanguard support, try calling Equifax and you'll never complain again.
Absolutely the worst consumer facing company I have EVER dealt with.
Equifax exists to service credit issuers not credit users. As they say, you are the product not the customer. :wink:
by furwut
Mon Feb 18, 2019 6:41 pm
Forum: Non-US Investing
Topic: Moving funds from overseas into the US [Germany ex-pat]
Replies: 5
Views: 481

Re: Moving funds from overseas into the US

Hold on Trying ...
Bogelheads have a new forum for non-US postings. I sent a request to a Mod to move your posting there as it will more likely be seen by someone with experience on these things.
by furwut
Mon Feb 18, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Managing Credit Freezes
Replies: 15
Views: 1454

Re: Best Practices for Managing Credit Freezes

Experian’s site uses the PIN rather than a web login but is just as easy.
https://www.experian.com/freeze/center.html
by furwut
Mon Feb 18, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Tax “Safe Harbor” Question
Replies: 13
Views: 1186

Re: Tax “Safe Harbor” Question

Monday morning bump for all those who wait to visit Bogleheads at work. President’s day. Some are still off :happy I saw your question yesterday. It’s an interesting niche one! My guess, and it is a guess, is that the IRS is, at the present moment, ill-equipped to conduct a recursive series of re-e...
by furwut
Sun Feb 17, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Managing Credit Freezes
Replies: 15
Views: 1454

Re: Best Practices for Managing Credit Freezes

In my case TransUnion and Equifax migrated me to a web account login to manage the credit freeze. No PIN required. Experian still requires I enter a PIN on their site. Little difference in the end. I can temporarily lift the freeze across all 3 agencies in under 5 minutes online.
by furwut
Wed Feb 13, 2019 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance
Replies: 14
Views: 951

Re: Health Insurance

I think the worst case scenario is an ER visit accompanied by an out of network hospital admittance. If you can’t/afford a policy with truly national coverage consider supplementing a limited network policy with travel insurance.
by furwut
Wed Feb 13, 2019 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance
Replies: 14
Views: 951

Re: Health Insurance

He is taking a year off work. That means no income? If so he should go for ACA as he would get the maximum subsidy and thus the minimum payment. At least worth looking into. You have to have some income to qualify for a subsidized ACA policy. You can “engineer” income by recognizing capital gains o...
by furwut
Wed Feb 13, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Insuring a car that you don’t drive
Replies: 24
Views: 2145

Re: Insuring a car that you don’t drive

Policies generally cover all drivers living in the household and the occasional use of other drivers. If a non-resident driver will be regularly or principally using the car they can by added to the policy as an Additional Insured. All auto insurers will consider writing such a policy. It is standar...
by furwut
Wed Feb 13, 2019 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Insuring a car that you don’t drive
Replies: 24
Views: 2145

Re: Insuring a car that you don’t drive

Personally I wouldn’t want any connection to me liability wise with an 80 year old driver. I see how the estate issue would be annoying. Usually leases are awful but maybe this is a case in which it solves the problem. You say 2-3 years and 5 at the most. They can lease it themselves and you pay th...
by furwut
Thu Feb 07, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: condo insurance renewal time - what coverage not necessary?
Replies: 3
Views: 377

Re: condo insurance renewal time - what coverage not necessary?

Check with the agent and your association as well. I feel there is a trend for Master Insurance to be more comprehensive these days (I.e., “walls in”). Such is the case in my condo apartment building. The Master covers restoring the unit to its delivered condition. Also, an association may require o...
by furwut
Wed Feb 06, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Doing taxes and avoiding ACA cliff
Replies: 10
Views: 890

Re: Doing taxes and avoiding ACA cliff

I plan my income so that I come as close as possible to, but stay under, the ACA premium tax credit cliff. (I try to get as close as possible in order to harvest cap gains at 0%, and/or do Roth conversion). ... Just how much flexibility in your income do you have? Because every dollar you are over ...
by furwut
Wed Feb 06, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Direct download of tax forms from Vanguard to Turbo Tax
Replies: 14
Views: 2005

Re: Direct download of tax forms from Vanguard to Turbo Tax

... I prefer downloading direct rather than manually entering all the numbers on turbo tax. One word of caution. The import process may alter values from what they appear on the hard copy form. For example, zeroes may be universally considered insignificant and replaced by blanks. I was badly bitte...
by furwut
Tue Feb 05, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 630
Views: 68237

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Coming in at number 999 under ‘Things only a millennial or person younger would say’ is:
“What’s a phone book?”
by furwut
Tue Feb 05, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Access Accounts Work Computer
Replies: 16
Views: 824

Re: Access Accounts Work Computer

Many companies have policies about using their computer equipment/network for personal business - does yours and are you in compliance? I think it unlikely your employer would use a Man-in-the-Middle attack to try to read your encrypted transactions, however, it is common for keylogging and screen m...
by furwut
Tue Feb 05, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Rollover to setup backdoor conversion. Comingled funds.
Replies: 5
Views: 268

Re: Rollover to setup backdoor conversion. Comingled funds.

The forms would come from your wife’s plan admistrator - TSP in this case. She can check with her HR representative. You can read more about the process in the Wiki - Backdoor Roth . Alternatively, Since $5,100 is not a lot of money you might consider converting it now as well and paying the tax. Gi...
by furwut
Mon Feb 04, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsides and COBRA offer
Replies: 4
Views: 278

Re: ACA subsides and COBRA offer

There is no ACA requirement to start COBRA coverage (regardless of its overall cost) and you are free to decline it and purchase a policy off the exchange instead. For tax reporting you can ignore it. Does an Offer of COBRA Insurance Make Me Ineligible for an Obamacare Subsidy? No. Merely being offe...