Search found 3552 matches

by Artsdoctor
Thu Nov 15, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare considerations for person with employer insurance
Replies: 15
Views: 790

Re: Medicare considerations for person with employer insurance

It's important to read the Medicare rules. If you are currently receiving health insurance as a retirement benefit (i.e., not actively working), then you must sign up for Medicare during your enrollment period. If you don't want to wade through government websites to start, you can read about it fr...
by Artsdoctor
Wed Nov 14, 2018 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Failed to take RMD for 5 yrs. Inherited IRA from trust.
Replies: 9
Views: 1334

Re: Failed to take RMD for 5 yrs. Inherited IRA from trust.

The accountants around here usually say that the IRS forgives these mistakes. Take a look at the Investopedia article about this topic, which will most likely help you (and alleviate some of your concerns):

https://www.investopedia.com/articles/r ... 011005.asp
by Artsdoctor
Wed Nov 14, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare considerations for person with employer insurance
Replies: 15
Views: 790

Re: Medicare considerations for person with employer insurance

It's important to read the Medicare rules. If you are currently receiving health insurance as a retirement benefit (i.e., not actively working), then you must sign up for Medicare during your enrollment period. If you don't want to wade through government websites to start, you can read about it fro...
by Artsdoctor
Wed Nov 14, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: VCADX or VMLUX?
Replies: 8
Views: 636

Re: VCADX or VMLUX?

How long will you hold them for? Approximately 8 years. If your time-frame is in the 8-year frame, or so, then investing in an intermediate-term bond fund is reasonable, especially if you're considering reinvesting the dividends all along the way (intermediate being defined as having a maturity bet...
by Artsdoctor
Wed Nov 14, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Question re: brokered CD at maturity
Replies: 10
Views: 862

Re: Question re: brokered CD at maturity

VG explains that brokered CD's have a fluctuating market value and value can decline due to rising interest rates. So if I hold a brokered CD until maturity, do I get 100% of my purchase price ? Or is it possible to get less ? Just to clarify, you're talking about buying a brokered CD when it's ini...
by Artsdoctor
Wed Nov 14, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4247

Re: Does Early Retirement Make You Live Longer?

That study was from years ago and is not accepted in the medical community. There is no reasonable physician that I've heard of that sits down a patient and says, "You'd better retire now because if you don't, you'll die sooner rather than later." There have been articles since your study that have ...
by Artsdoctor
Wed Nov 14, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare considerations for person with employer insurance
Replies: 15
Views: 790

Re: Medicare considerations for person with employer insurance

My parent is turning 65 next year, so will be eligible for Medicare. However, there are two additional considerations: They have been receiving retiree benefits (medical, dental, vision) from a previous employer for many years, and they also receive some benefits (vision) from a current part-time e...
by Artsdoctor
Wed Nov 14, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 11
Views: 883

Re: HSA contribution limits & Medicare

^ Excellent explanation. What I'm finding here, in my small world, is similar. Because Medicare Part A is "free" and will "pick-up" whatever the private plan won't during a hospitalization, the "rumors" are that people should do it. For high salaried people, Medicare and the supplement can be extrem...
by Artsdoctor
Wed Nov 14, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 11
Views: 883

Re: HSA contribution limits & Medicare

Spirit, I'm not disagreeing with anything you wrote, I'm just working through the complexities myself as I learn about how many pitfalls there are in the process. The reason why I have found the whole process cumbersome and confusing is because (1) I work with a lot doctors in their 60s and 70s, (2)...
by Artsdoctor
Tue Nov 13, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Can you suggest where to live if work at UCLA
Replies: 40
Views: 3109

Re: Can you suggest where to live if work at UCLA

Thank you so much. I've never been to the area before at all and don't have any friends out there to advise so your advice is really valuable to me and I really appreciate it. Real estate in LA is expensive and can be volatile. The best advice I can really give you is to rent for a year, get to kno...
by Artsdoctor
Tue Nov 13, 2018 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 11
Views: 883

Re: HSA contribution limits & Medicare

Per https://www.cms.gov/Outreach-and-Education/Find-Your-Provider-Type/Employers-and-Unions/FS3-Enroll-in-Part-A-and-B.pdf "Once you enroll in any part of Medicare, you won’t be able to contribute to your HSA. If you would like to continue making contributions to your HSA, you can delay both Part A...
by Artsdoctor
Tue Nov 13, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 11
Views: 883

Re: HSA contribution limits & Medicare

HSA eligibility is based on the 1st of the month. Medicare coverage begins on the first of a month. So the month you start Medicare you are not an HSA eligible individual for that month. @HueyLD is correct with one small correction. Medicare Part A enrollment > age 65 is automatically retroactive u...
by Artsdoctor
Tue Nov 13, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Can you suggest where to live if work at UCLA
Replies: 40
Views: 3109

Re: Can you suggest where to live if work at UCLA

If you're OK looking to buy a studio or a 1 BR apartment, then just look on Zillow for places in Westwood Village. It's a very walk-friendly neighborhood, you're close to a lot, and you'd be extremely close to work.
by Artsdoctor
Tue Nov 13, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 97
Views: 12752

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Alex, I think that it's terrific that you're learning about your investment stress levels prior to any significant downturn. It allows you an opportunity to re-calibrate your asset allocation to a more comfortable level. The reason why you're feeling the way you are is because your equity allocation...
by Artsdoctor
Tue Nov 13, 2018 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Time is upon us
Replies: 13
Views: 2471

Re: 2018 Tax Time is upon us

Downloaded TurboTax 2018 yesterday and started playing. The POSTCARD looks like a reality. All the stuff that used to go on form 1040 now goes on a 1040 worksheet and the key items on the worksheet go to line items on the POSTCARD . :twisted: Yes. I've been working on TurboTax which was released la...
by Artsdoctor
Tue Nov 13, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1308

Re: Vanguard Preliminary Estimates for Capital Gains

The 2018 preliminary estimates have been posted on the Vanguard website: https://advisors.vanguard.com/iwe/pdf/Preliminary_distributions_102018.pdf An interesting note: the LifeStrategy and Target Retirement funds are all distributing capital gains, because the rising market has forced them to sell...
by Artsdoctor
Tue Nov 13, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1308

Re: Vanguard Preliminary Estimates for Capital Gains

Anyone understand why Institutional Total Sock is distributing some significant gains while apparently Adm/Inv/ETF shares are not. Are the Institutional shares not part of the shareclass grouping that allows them to take advantage of the ETF capabilities? I thought the same thing as well. I've neve...
by Artsdoctor
Tue Nov 13, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 11
Views: 883

Re: HSA contribution limits & Medicare

I'm presuming that you were born in 1954 so your full retirement age for social security is 66. This means that you'll need to sign up for Medicare manually. If you're like most people in this situation, you'd sign up somewhere in that 3-month period before you actually turn 65 (for example, if your...
by Artsdoctor
Mon Nov 12, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Can you suggest where to live if work at UCLA
Replies: 40
Views: 3109

Re: Can you suggest where to live if work at UCLA

Like anything else, there are always two sides to the story. Traffic here can be challenging but it can be that way in many cities. Some parts of the city are more conducive to walking than others. To the OP, we'd need more information about your life and priorities. UCLA is in a great neighborhood ...
by Artsdoctor
Mon Nov 12, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Muni Bond funds and Capital Gains
Replies: 11
Views: 1117

Re: Muni Bond funds and Capital Gains

Do the Municipal Bond funds like VWIUX (Vanguard Intermediate-Term Tax-Exempt Fund) generate annual capital gain as their holdings mature? I am assuming they buy the individual bonds and hold to the maturity based on the duration objectives of the fund. Since it is muni bond fund, it will be exempt...
by Artsdoctor
Sat Nov 10, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bond funds and Capital Gains
Replies: 11
Views: 1117

Re: Muni Bond funds and Capital Gains

Do the Municipal Bond funds like VWIUX (Vanguard Intermediate-Term Tax-Exempt Fund) generate annual capital gain as their holdings mature? I am assuming they buy the individual bonds and hold to the maturity based on the duration objectives of the fund. Since it is muni bond fund, it will be exempt...
by Artsdoctor
Sat Nov 10, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Muni Bond funds and Capital Gains
Replies: 11
Views: 1117

Re: Muni Bond funds and Capital Gains

Do the Municipal Bond funds like VWIUX (Vanguard Intermediate-Term Tax-Exempt Fund) generate annual capital gain as their holdings mature? I am assuming they buy the individual bonds and hold to the maturity based on the duration objectives of the fund. Since it is muni bond fund, it will be exempt...
by Artsdoctor
Sat Nov 10, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 63
Views: 6557

Re: Amazon says TurboTax 2018 will be released November 12

TurboTax was available on Intuit's website earlier this week. I downloaded the Premiere version and it works fine, although several of the feeder forms are not updated (like the HSA forms, for example). Still, it's pretty valuable in planning and has already made a significant difference in our with...
by Artsdoctor
Thu Nov 08, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: high deductible vs. PPO calculation--high deductible always wins?
Replies: 35
Views: 3050

Re: high deductible vs. PPO calculation--high deductible always wins?

This happens to me multiple times. I calculate cost of my company's HSA/HDHP option and the PPO option, and I conclude the HDHP option is better. I did this even when I knew I was going to have a baby that year. Others at my company don't agree with me, and think I'm crazy for going with the high-d...
by Artsdoctor
Wed Nov 07, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: CDs on vanguard.com
Replies: 10
Views: 1632

Re: CDs on vanguard.com

^ I have mixed feelings about this. Some people buy brokerage CDs as if they're buying bonds, with all of the risks and benefits associated with that. Some people spend an inordinate amount of time considering safety (consider all of the threads written about FDIC-insured savings accounts because mo...
by Artsdoctor
Tue Nov 06, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Interest Adjustment Issue
Replies: 2
Views: 275

Re: TIPS Interest Adjustment Issue

It pains me to say this, but I always have to check Vanguard's interest payments with TIPS. I've uncovered multiple problems over the years, and it's difficult to know if they would have eventually caught their mistakes without me bringing the error to their attention. It usually involves paying out...
by Artsdoctor
Tue Nov 06, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Vanguard Intermediate Tax Exempt and Wash Sale
Replies: 3
Views: 251

Re: Question on Vanguard Intermediate Tax Exempt and Wash Sale

If municipal bond funds are right for you, I'd sell all of your shares at ML, pocket the loss (TLH), and then buy Vantage Intermediate-Term Tax-Exempt Admiral shares at Vanguard when you have the money available from ML. Addendum: I misread your original post. I thought you were referring to Interme...
by Artsdoctor
Tue Nov 06, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: CDs on vanguard.com
Replies: 10
Views: 1632

Re: CDs on vanguard.com

Given the recent (and continuing) uptick in interest rates, I have been looking at CDs to park some liquidity (emergency fund and small portion in taxable). Vanguard has quite a line-up of different options, but the issuers often times are rather unknown, smaller banks. Has anyone ever seen a CD de...
by Artsdoctor
Tue Nov 06, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: Social Security Max Taxable Earnings
Replies: 12
Views: 1733

Re: Social Security Max Taxable Earnings

Re: PIA calc, I was surprised I am not at maximum PIA even though i paid the maximum for 36 straight years. But if you look at inflation adjusted salary that SS uses in the PIA calc, prior years like 1979 for example, only come out to $89,400 as the max compared to the $132,900 value for 2019. So g...
by Artsdoctor
Mon Nov 05, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: 80 year old wants to invest $100k to get ~$10k annually. Options?
Replies: 22
Views: 3861

Re: 80 year old wants to invest $100k to get ~$10k annually. Options?

You'll need to round out the whole investment picture. Is this $100,000 all she has? Or is this just another block of cash which she can tap? She's never going to get $10,000 each year on earnings alone but if she's got a lot more assets, there should be problem spending this down in a decade. You n...
by Artsdoctor
Fri Nov 02, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: End of Year Vanguard tax document?
Replies: 10
Views: 580

Re: End of Year Vanguard tax document?

^ You know, you're right. I am guilty of selective amnesia. I was able to pull up my Vanguard tax forms as far back as Tax Year 2012; three years had 100% qualified dividends for Total Stock Market and three years had qualified dividends in the 93-95% range.
by Artsdoctor
Fri Nov 02, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: End of Year Vanguard tax document?
Replies: 10
Views: 580

Re: End of Year Vanguard tax document?

^ Yes, there are years where a tiny percentage of the dividends are not qualified although nearly all of the 500 and Total Market dividends paid are qualified.

To the best of my knowledge, Vanguard has never declared a capital gains distribution on their 500/Total Market funds.
by Artsdoctor
Fri Nov 02, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship Select
Replies: 12
Views: 3547

Re: Vanguard Flagship Select

Call your rep.

Remember that only Vanguard mutual funds and ETFs count in their $5M calculation (not the absolute account balance).
by Artsdoctor
Fri Nov 02, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: End of Year Vanguard tax document?
Replies: 10
Views: 580

Re: End of Year Vanguard tax document?

You can take a guess. If the total is $50,000 your dividends will probably be about 2%, or $1,000. At Vanguard, these are usually all qualified dividends.
by Artsdoctor
Fri Nov 02, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1308

Re: Vanguard Preliminary Estimates for Capital Gains

I think that "quite accurate" is a subjective term. I'd have to go back and do the calculations but the amount they estimate in November is usually lower than what's paid in December. The December distribution might be 5-10% higher, depending on the fund. And remember that if you're dealing with int...
by Artsdoctor
Fri Nov 02, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can I have my SS deposited directly into a Vanguard MM fund?
Replies: 7
Views: 1186

Re: Can I have my SS deposited directly into a Vanguard MM fund?

Yes. I do. Used the same Vanguard bank routing information I used to set up a DD from my employer. As mine is a Vanguard mutual fund account, not a brokerage account, my DD is to tax-exempt mmkt. You are probably grandfathered. I also have a mutual fund account but all of the subsequent accounts ha...
by Artsdoctor
Fri Nov 02, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 48
Views: 3102

Re: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]

Rarely, if ever, do I recommend TLH. If you think about it, all you’re doing is reducing your basis. So you’re really just kicking the can down the road, because when you sell that asset in the future, you’ll have a higher gain, and wind up paying back all that money that you thought you saved. The...
by Artsdoctor
Fri Nov 02, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9280

Re: no dividends in index funds!

Ok, thanks all, for the points. I still considering switching to Wellington fund. Make sure that you always take into consideration the after-tax return to you. Wellington is not particularly tax-efficient but if your marginal investment tax rate is low, you might get away with it. But comparing We...
by Artsdoctor
Fri Nov 02, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Panic set in... now what?
Replies: 63
Views: 10929

Re: Panic set in... now what?

At the bottom last week, I had a failing of nerve and cashed mostly out mutuals leaving about 15%. So I am down the gains for the year, about 7% in my case. Leading up to this "mistake" I had become obsessed and stressed with the daily market gyrations. I will be 67 in a few months and newly retire...
by Artsdoctor
Thu Nov 01, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: DAF - Vanguard or Fidelity? (donor advised fund)
Replies: 26
Views: 1582

Re: DAF - Vanguard or Fidelity? (donor advised fund)

Thank you all for the feedback. Clearly there is a lot of love for the Fidelity DAF here (and that is where I am leaning as well for all the reasons listed). I'm another who chose Fidelity because of the lower minimums. 1) Can I directly transfer Vanguard mutual fund shares (Admiral class) from VG ...
by Artsdoctor
Wed Oct 31, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: DAF - Vanguard or Fidelity? (donor advised fund)
Replies: 26
Views: 1582

Re: DAF - Vanguard or Fidelity? (donor advised fund)

The Vanguard DAF has an anonymous donor option and I am going to guess that any DAF would as well. I have discussed these shortcomings with Vanguard Charitable and they openly acknowledge them. I'm not sure why there hasn't been any action because this is an old problem, and it would be incredibly e...
by Artsdoctor
Wed Oct 31, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: DAF - Vanguard or Fidelity? (donor advised fund)
Replies: 26
Views: 1582

Re: DAF - Vanguard or Fidelity? (donor advised fund)

I have both. I wanted Vanguard because of specific lot ID transfers from our Vanguard account and I figured there would be less room for a mistake. However, Fidelity's DAF is the one to beat, not only because of the minimums but because they allow to make donations in memory of someone or in honor o...
by Artsdoctor
Tue Oct 30, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard thinks I have a wash sale. Do I?
Replies: 36
Views: 3322

Re: Vanguard thinks I have a wash sale. Do I?

I think there is a bigger question here. Let's step back and get some perspective. Why so much hopping around in the first place? Market timing? Trying to tease out differences in various indexes? At first look, it seems like OP is making life needlessly complex. Ha ha. Thanks for your concern. At ...
by Artsdoctor
Sun Oct 28, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: why split property tax payment with SALT limit; why itemize?
Replies: 19
Views: 2291

Re: why split property tax payment with SALT limit; why itemize?

Inbox, From what I understand, we can continue to itemize on the CA return while taking the (newer, higher) standard deduction on the federal return. Bunching your real estate tax won't benefit you on the federal return, although you might have to do some arithmetic to see if it would benefit you on...
by Artsdoctor
Fri Oct 26, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Market irrationality
Replies: 35
Views: 4057

Re: Market irrationality

Rick,

It sounds as if you're relatively young and were not investing in the market on October 19,1987 . . .

The markets can indeed be logical and efficient. But they truly can be extraordinarily fickle and erratic.
by Artsdoctor
Fri Oct 26, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9374

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

My recent high percentage allocation to stocks was in the high 59.x% range, call it 60%. As of yesterday's close, my stocks are 56.5% of my allocation. So if a monthly withdrawal was scheduled for today it would be a slightly lower amount from stocks and slightly more from my stable value and real ...
by Artsdoctor
Thu Oct 25, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9374

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

Thank you to everyone who took the time to respond to my somewhat confusing query! I'll think about what you've all said, and see if any more questions come up. :happy Happy, When in doubt, play it out on paper. Let's say your AA is 35/65 and that you have $100,000. As the market turns downward, yo...
by Artsdoctor
Wed Oct 24, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: What’s less bad? Vanguard ETF w/ $50 trade fees vs. mutual fund w/ 1.5% ER
Replies: 21
Views: 1309

Re: What’s less bad? Vanguard ETF w/ $50 trade fees vs. mutual fund w/ 1.5% ER

What do you mean a 1.5% ER with a deferred load of 1%? Would your all in cost be 2.5% if you sold later? First, you're in a part-time so you won't presumably be working there all that long. When you leave, you can easily roll over the SIMPLE to a Vanguard Rollover IRA. Second, are much would you lik...
by Artsdoctor
Wed Oct 24, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9374

Re: When do you stop withdrawing from stocks in a downturn?

Continue taking stock dividends as cash, and if your stock allocation is below your desired percentage then take the remaining withdrawal from bonds as needed. Additionally, you could re-balance into stocks from bonds to bring your asset allocation back to desired percentages. If you are uneasy doi...