Search found 13601 matches

by dm200
Mon Nov 20, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: where should I put my direct deposit?
Replies: 3
Views: 253

Re: where should I put my direct deposit?

No "optimum" for everyone.

1. Do a modest payroll deduction to a credit union savings account each payday; and/or

2. Have your credit union pull a certain amount from you checking account each month or payday.
by dm200
Mon Nov 20, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 34
Views: 1955

Re: Collection agency calls intended for another person:

runner3081 wrote:
Mon Nov 20, 2017 12:48 pm
Numerous times, I have told the collection agencies that the person they are calling for is dead and how dare they call. Works every time.
I would like to do that -- BUT (for some reason I do not understand) ,my wife goes ballistic - that this would be terrible, etc.
by dm200
Mon Nov 20, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

This article from October 2016 mentions a one time loan of $7.5B to Medicare to reduce Part B premiums. http://time.com/money/4517168/2017-medicare-premiums-could-jump-20/ "A year ago, the absence of a 2016 COLA froze Part B premiums at $104.90 a month for those who were held harmless. The other gr...
by dm200
Mon Nov 20, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: CPA
Replies: 7
Views: 565

Re: CPA

I would like to review my Roth vs traditional decision with a CPA. Right now I have a Roth IRA with Vanguard that has my rollovers from previous companies and a Roth 401k with Fidelity at work. I would love to sit down with someone and go over all this. Don't know - but might a well qualfied and ex...
by dm200
Mon Nov 20, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Domestic partnership benefits for health insurance
Replies: 24
Views: 742

Re: Domestic partnership benefits for health insurance

Obamacare is when you purchase insurance on the exchanges. In order to qualify for Obamacare, you have to not be eligible for Medicaid. I disagree. While I doubt there is any legal "definition" of "Obamcare", I often see the term used (and use it myself) to include health insurance policies that co...
by dm200
Mon Nov 20, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Domestic partnership benefits for health insurance
Replies: 24
Views: 742

Re: Domestic partnership benefits for health insurance

because the employer can afford it whereas the OP cannot. If the company is staying in business that means it's getting income that exceeds their expenses, whereas for the OP he's unemployed. Therefore, unlike the employer doesn't have income. How's someone supposed to pay for insurance without inc...
by dm200
Mon Nov 20, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Newly built home. sell or rent?
Replies: 19
Views: 836

Re: Newly built home. sell or rent?

I'll be getting married early next year. My fiancee built a home ~6 months ago in St. George, UT (where she's been living and working). After we get married, we will be moving to Chicago so I can continue my grad program at U of Chicago (~2 years to go). We are struggling to know what to do with he...
by dm200
Mon Nov 20, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: service life of (walk behind) lawn mower?
Replies: 27
Views: 1396

Re: service life of (walk behind) lawn mower?

We have a small lawn/yard - single family home. A few years ago, we went to an electric rotary mower - and it served us well for many years. When it died, the timing was great because a good friend gave us an even better model because she had begun to use a lawn service a few years before. I have ne...
by dm200
Mon Nov 20, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Buy or rent a house?
Replies: 9
Views: 510

Re: Buy or rent a house?

Before I was married, I liked living in single family homes - but shared with 2-3 others. A real, net, bargain. Landlords, though, frequently (in my case) either moved back to the rental house or decided to sell - so I had to move 2 or 3 times in a 4 or 5 year period. Also, depending on the locality...
by dm200
Mon Nov 20, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 19
Views: 965

Re: Best vehicle for seniors?

In my opinion and experience, it can be important to have a seat and view that fits the height of the driver. A power seat can be very worthwhile. Check ot the height/fit for her on the vehicle she chooses.
by dm200
Mon Nov 20, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: CPA
Replies: 7
Views: 565

Re: CPA

prince wrote:
Mon Nov 20, 2017 12:15 pm
How do you go about looking for a good CPA?
Neither a CPA not an "accountant" - BUT there are many types of CPA and many, very different, types of needed services and expertise.

What do you need and/or want?
by dm200
Mon Nov 20, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 24
Views: 846

Re: Recommend a daily driver

Situation: Going off to grad school so I will need something that is reliable and comfortable for 3-4 hr drives and stop & go traffic. My current car is a 2004 BMW M3 so I will obviously be downgrading in the fun department. Budget is around 20k and under. I would prefer something with decent resal...
by dm200
Mon Nov 20, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Domestic partnership benefits for health insurance
Replies: 24
Views: 742

Re: Domestic partnership benefits for health insurance

I have needs for two specialists and these types of specialists don’t accept Obamacare. I went through the research once before here. I find it difficult to believe that there are NO individual policies (compliant with Obamacare) from providers that do not have a needed "type of specialist" availab...
by dm200
Mon Nov 20, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Buy or rent a house?
Replies: 9
Views: 510

Re: Buy or rent a house?

For the most part it is a personal/lifestyle preference. Yes - I agree that can be a major factor. However, in our case, I am 100% positive we have very large and significant financial benefits of having purchased our home 38 years ago. Go back and add up all the money you've put into that house (p...
by dm200
Mon Nov 20, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Domestic partnership benefits for health insurance
Replies: 24
Views: 742

Re: Domestic partnership benefits for health insurance

I have needs for two specialists and these types of specialists don’t accept Obamacare. I went through the research once before here. I find it difficult to believe that there are NO individual policies (compliant with Obamacare) from providers that do not have a needed "type of specialist" availab...
by dm200
Mon Nov 20, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Buy or rent a house?
Replies: 9
Views: 510

Re: Buy or rent a house?

stan1 wrote:
Mon Nov 20, 2017 9:29 am
For the most part it is a personal/lifestyle preference.
Yes - I agree that can be a major factor. However, in our case, I am 100% positive we have very large and significant financial benefits of having purchased our home 38 years ago.
by dm200
Mon Nov 20, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Domestic partnership benefits for health insurance
Replies: 24
Views: 742

Re: Domestic partnership benefits for health insurance

Got it. I’ll look into the premiums under her plan. My healthcare needs aren’t met by Obamacare unfortunately. Very few specialists in NY accept Obamacare. [/u] Its fine for emergency care, basic needs. I think COBRA will cost $500-600 per month post tax. So how would I do the math to compare? My g...
by dm200
Mon Nov 20, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Domestic partnership benefits for health insurance
Replies: 24
Views: 742

Re: Domestic partnership benefits for health insurance

icedtea wrote:
Mon Nov 20, 2017 9:40 am
COBRA is going to cost $800 per month. That's horrid.
Why is this "horrid"? While this may be a large expense for you, it is (within a percent or two) exactly what the coverage costs the former employer.
by dm200
Mon Nov 20, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Job offer negotiation - help
Replies: 6
Views: 924

Re: Job offer negotiation - help

With large corporations and organizations, in my experience over the decades, it is very common that there is little or no negotiation on such job offers. Be prepared to evaluate the offer -- then it may be "take it or leave it". You might, however, be able to learn at what points/frequency salary i...
by dm200
Mon Nov 20, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Buy or rent a house?
Replies: 9
Views: 510

Re: Buy or rent a house?

I've been reading more about how it may make more sense to rent as oppose to buy. What are your thoughts? Depends on many factors: 1. The market in your area (present and future) 2. Your financial situation, including taxes 3. Your family situation and plans 4. Your employment situation and income ...
by dm200
Sun Nov 19, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 34
Views: 1955

Re: Collection agency calls intended for another person:

Another vote for staying out of it. Just because a collection agency has this person's name does not mean she owes anyone any money. The industry is hardly exacting in the precision with which it identifies targets. It is laudable that you want to assist justice by helping to fund a deadbeat. But y...
by dm200
Sun Nov 19, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 34
Views: 1955

Re: Collection agency calls intended for another person:

1. Stay out of it.

2. If/when getting calls - reply that you are not that person, have no connection to that person - and rquest they not call again.

3. Collection agencies, in my experience, are almost always good at finding folks. If you "found" her, seems like they can.
by dm200
Sat Nov 18, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 4940

Re: POAs may not be that powerful

I am really wondering why people don't want to give house keys to their adult children regardless of the circumstances. I'm sure there are exceptional cases where adult children have a history of misbehavior, but that certainly shouldn't be the case where said child was being appointed as POA OK - ...
by dm200
Sat Nov 18, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Vacation on a budget
Replies: 16
Views: 1658

Re: Christmas Vacation on a budget

Many years ago, when our children were small and grandparents still alive, we went North every Christmas/New years to visit them in two different places - all cold in late December. One year, we went to Cooperstown NY - and stayed overnight - to visit the Baseball Hall of Fame. Needless to say, that...
by dm200
Sat Nov 18, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 4940

Re: POAs may not be that powerful

Does a neighbor have a legal right to transfer possession of the house to somebody else? Is it legal to "retrieve" a house key from a person who is lying incapacitated in a hospital? Sure - if I tell that neighbor to let my son in the house if something happens to me. You might be right, although I...
by dm200
Sat Nov 18, 2017 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

dm200 wrote:
Sat Nov 18, 2017 6:23 pm
I refreshed part of my memory - between 2011 and 2012 - basic part B went down. - then up in 2013.
and up in 2016 and up again in 2017 (BUT not 2018) :)
by dm200
Sat Nov 18, 2017 6:38 pm
Forum: Personal Consumer Issues
Topic: Timing if Medicare annual physical
Replies: 26
Views: 1189

Re: Timing if Medicare annual physical

Add this to the list of Medicare puzzles and complexities that we do not (so far) have to deal with in our current Kaiser Medicare plan. :)
by dm200
Sat Nov 18, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 4940

Re: POAs may not be that powerful

Does a neighbor have a legal right to transfer possession of the house to somebody else? Is it legal to "retrieve" a house key from a person who is lying incapacitated in a hospital?
Sure - if I tell that neighbor to let my son in the house if something happens to me.
by dm200
Sat Nov 18, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 4940

Re: POAs may not be that powerful

Very true indeed. One kind of thing that a "principal" can do (depending on the details) to reduce the probability of the designted "attorny-in-fact" abusing the powers of a PoA is to not actually give the PoA document to that person, but have it in a place or with some trusted person that could ac...
by dm200
Sat Nov 18, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

I refreshed part of my memory - between 2011 and 2012 - basic part B went down. - then up in 2013.
by dm200
Sat Nov 18, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

UpperNwGuy wrote:
Sat Nov 18, 2017 5:49 pm
I pay $187.50 per month. That number won't change.
You are subject to IRMAA, I presume?
by dm200
Sat Nov 18, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

Some people understood that the hold harmless would not save them for 2018 due to the 2% increase, but thought that the standard Part B premium might come down a few bucks because so many more people would no longer have much hold harmless protection, if any. Still $134! Would be interesting to see...
by dm200
Sat Nov 18, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 4940

Re: POAs may not be that powerful

D urable POAs present a huge risk of fraud or malfeasance. To be useful they have to give the agent immediate unfettered power over the principal's assets. Financial institutions do not like getting caught in the middle and potentially be exposed to liability. Durable POAs are generally not drafted...
by dm200
Sat Nov 18, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 4940

Re: POAs may not be that powerful

Upon the death of the principal, all of agent's powers terminate under any POA. [/u][/b] Absolutely true! One of the most commonly misunderstood facts. In this regard, it is common for financial institutions/etc. to require that the "attorney-in-fact" sign a certificaiton that the principal is stil...
by dm200
Sat Nov 18, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

Some people understood that the hold harmless would not save them for 2018 due to the 2% increase, but thought that the standard Part B premium might come down a few bucks because so many more people would no longer have much hold harmless protection , if any. Still $134! Would be interesting to se...
by dm200
Sat Nov 18, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2491

Re: Risks of Non-ACA Compliant Health Insurance?

From an actionable point of view, I am suspect that you are better off from a health point of view with any of the listed alternatives. You just sort of have to accept that you can't afford a PPO in this market and hope the HMO works out.
My view as well.
by dm200
Sat Nov 18, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

OK - mine will go up to the $134 from (I think) $109 - but my SS will go up a few dollars more. My wife, because she went on medicare 5 years later than I did was paying the full $134 already - even though she gets much less i SS than I do. For about 28 percent of Part B enrollees, premiums will st...
by dm200
Sat Nov 18, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 45
Views: 3577

Re: Car shopping tomorrow

My price was with nothing down / due at signing I guess my next concern is how much to put down ... will “shop around” for sure I was very, very impressed with the car. Surprisingly roomy, excellent ride (did Highway/City), great car. I have to laugh ... went in there with “no way I’m buy My anythi...
by dm200
Sat Nov 18, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Timing if Medicare annual physical
Replies: 26
Views: 1189

Re: Timing if Medicare annual physical

ubermax wrote:
Sat Nov 18, 2017 4:37 pm
I thought the "annual physical" rule that Medicare uses is that 11 full months has to pass until your next physical and so for example late November this year and early November next .

Good question. Even if that is the "letter" of the rule, I am extra cautious and do one year plus ONE day.
by dm200
Sat Nov 18, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Smoothing out a Property Tax bill
Replies: 13
Views: 695

Re: Smoothing out a Property Tax bill

I did something like this for many years. When I was paid twice each month, I added up all my large annual and semiannual expenses, and divided that total by 24. I set aside that amount from each paycheck in a money market fund. When the bills came, the money was there. When I was paid every 2 week...
by dm200
Sat Nov 18, 2017 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2156

Re: Medicare Part B premium unchanged for 2018

OK - mine will go up to the $134 from (I think) $109 - but my SS will go up a few dollars more. My wife, because she went on medicare 5 years later than I did was paying the full $134 already - even though she gets much less i SS than I do. For about 28 percent of Part B enrollees, premiums will sti...
by dm200
Sat Nov 18, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: Timing if Medicare annual physical
Replies: 26
Views: 1189

Re: Timing if Medicare annual physical

Most non-Medicare insurance companies will cover a co-pay free annual physical. It doesn't matter if gotten from employer or marketplace. I believe if from ACA it is a guranteed "free" visit. These also do not count against a persons deductible for the year. So your insurance gives you a "free" vis...
by dm200
Sat Nov 18, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Proving retirement Health Insurance is unaffordable?
Replies: 5
Views: 892

Re: Proving retirement Health Insurance is unaffordable?

Update: The broker did not understand this part of it. I got a rep on HC.gov, and she explained that as long as I drop the retirement Insurance effective 12-31-17, I can get subsidies and cost sharing on 01-01-18 for healthcare through the market place. I am now set with a policy for my wife and I ...
by dm200
Sat Nov 18, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Smoothing out a Property Tax bill
Replies: 13
Views: 695

Re: Smoothing out a Property Tax bill

I'd like to smooth a few lumps out of our budget. One of the big ones is the property tax bill. I plan to start a savings account nicknamed "Property Taxes" and cut the check from that account once per year to cover the taxes. Anyone have a better way? No, that is a good way. I would also include t...
by dm200
Sat Nov 18, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Timing if Medicare annual physical
Replies: 26
Views: 1189

Re: Timing if Medicare annual physical

As someone who performs the Medicare Wellness Exam I can tell you that the way Medicare wants it performed is a waste of time for the patient. At our office we turn it into a "traditional physical" while addressing preventative measures and health maintenance. Another issue is that Medicare does no...
by dm200
Sat Nov 18, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: Timing if Medicare annual physical
Replies: 26
Views: 1189

Re: Timing if Medicare annual physical

As someone who performs the Medicare Wellness Exam I can tell you that the way Medicare wants it performed is a waste of time for the patient. At our office we turn it into a "traditional physical" while addressing preventative measures and health maintenance. Another issue is that Medicare does no...
by dm200
Sat Nov 18, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: Timing if Medicare annual physical
Replies: 26
Views: 1189

Re: Timing if Medicare annual physical

My wife and I have been on Medicare for a couple of years now and have never received any kind of notice about wellness physicals. Is there something you have to do to sign up for these? These are described in the detailed Medicare benefits (probably in Medicare and You). If on Original medicare, y...
by dm200
Sat Nov 18, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: 55+ Early retirement offer.
Replies: 47
Views: 5619

Re: 55+ Early retirement offer.

As others have posted, a big risk is health insurance after the company paid COBRA ends - depending on years to medicare (inclusing dependent). In most states, now, the age factor for ACA plans cap at 3 x younger insured -- but who knows if that will return to much, much higher age factors - as wwas...
by dm200
Sat Nov 18, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2491

Re: Risks of Non-ACA Compliant Health Insurance?

I just hope you do not take risks of the health and well being of your family with one of these "bargain" plans. How can a good plan, such as these, be 1/3 the cost? Before the ACA, individual health insurance for a r easonable healthy person costed about 1/3 of the current, unsubsidized ACA Silver...
by dm200
Sat Nov 18, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off my house. Now how to handle insurance and tax payments?
Replies: 21
Views: 1971

Re: Paid off my house. Now how to handle insurance and tax payments?

Depends on local policies. I can't do this, because property tax bills don't go out until after Jan 1. No way to prepay the bill due by Feb 1. And school tax bills go out after Sept 1, due by Oct 1. We pay one local real estate tax - payable 1/2 in May and 1/2 in October. Not possible to double up ...