Search found 72 matches

by PriceOfFreedom
Thu May 21, 2020 6:35 pm
Forum: Personal Investments
Topic: Should We Our Shorten Bond Duration?
Replies: 43
Views: 2513

Re: Should We Our Shorten Bond Duration?

Well, Larry Swedroe suggests a rule of thumb that, to make increased bond duration worthwhile, yield should increase by 20 basis points per added duration year. For your example, the intermediate term bond yield exceeds that of the short term bonds by 51 points, while the duration increases by 5.5 y...
by PriceOfFreedom
Mon May 04, 2020 11:27 am
Forum: Personal Investments
Topic: IRMAA brackets?
Replies: 87
Views: 5882

Re: IRMAA brackets?

Also, could someone please tell me where to get the "Consumer Price Index for all urban consumers" for previous months?
https://www.bls.gov/regions/midwest/dat ... _table.pdf
by PriceOfFreedom
Thu Apr 23, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 117
Views: 7268

Re: Undoing your already-taken RMD for 2020

They need to be aware of this and understand they can only rollover one of them. Since the others will be subject to taxes anyway. They have the same extension to 7/15 to do Roth conversions. I am not sure what this means. Say one took their IRA RMD this year and then executed a number of IRA to Ro...
by PriceOfFreedom
Sat Mar 28, 2020 4:42 pm
Forum: Personal Investments
Topic: [Can you reverse a RMD made before the CARES act?]
Replies: 7
Views: 853

Re: [Can you reverse a RMD made before the CARES act?]

I would love to return the RMD to my IRA but assume I cannot since more than 60 days have elapsed since the RMD occurred in early January. Is that correct? Or are they waiving the 60-day rule for 2020 RMDs already taken?
by PriceOfFreedom
Sat Mar 28, 2020 3:25 pm
Forum: Personal Investments
Topic: [Can you reverse a RMD made before the CARES act?]
Replies: 7
Views: 853

Re: [Can you reverse a RMD made before the CARES act?]

You could also take all or part of the distribution and add it to a Roth IRA. You will still pay taxes on the distribution but it will now be in a Roth and future RMDs from your traditional IRA will be reduced. earlyout, I'm not sure what this means. In my case, I took the RMD from my IRA in early ...
by PriceOfFreedom
Fri Dec 13, 2019 2:02 pm
Forum: Personal Investments
Topic: IRMAA brackets?
Replies: 87
Views: 5882

Re: IRMAA brackets?

Well classicjazzfan (not trying to pre-empt Dale_G), to try to answer your concerns, I've performed a "what-if" scenario. The inflation numbers for Sep-Nov 2019 are already in. I then assumed constant deflation for each month going forward from Dec 2019 to Aug 2020. I had to set monthly deflation to...
by PriceOfFreedom
Thu Nov 28, 2019 10:13 pm
Forum: Investing - Theory, News & General
Topic: Yes, another International vs Domestic Thread
Replies: 212
Views: 10761

Re: Yes, another International vs Domestic Thread

Interesting discussion (like many similar ones before it). For what it's worth, my equity allocation is guided by the following two constraints: (1) Hold no more than 50% of equity investments in one country. (2) Limit investment to countries where the rule of law and transparency of investment "rul...
by PriceOfFreedom
Fri Nov 15, 2019 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 37
Views: 7237

Re: IRMAA Thresholds in 2020

Doesn't line 7 of the 2018 1040 return show the AGI?
by PriceOfFreedom
Wed Sep 18, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: How is IRMAA determined
Replies: 11
Views: 1303

Re: How is IRMAA determined

Thanks, HueyLD.
by PriceOfFreedom
Wed Sep 18, 2019 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: How is IRMAA determined
Replies: 11
Views: 1303

Re: How is IRMAA determined

MarkS, I believe you are close, but my understanding is that that is not exactly how it will work. The 2020 AGI limit % increase will be = ( average CPI from Sep 2018 to August 2019 / average CPI from September 2017 to August 2018 -1 ) x 100% Since the August 2019 CPI was just recently released, we ...
by PriceOfFreedom
Thu Apr 11, 2019 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is it too late to do backdoor roth conversion for 2018 tax benefits?
Replies: 5
Views: 490

Re: Is it too late to do backdoor roth conversion for 2018 tax benefits?

However, if your 2018 income was low, and you have the cash, you can make a regular Roth IRA contribution for 2018 until 4/15/2019. This would have a low opportunity cost (because you would be in an abnormally low tax bracket in 2018) relative to foregone tax savings for a regular IRA contribution, ...
by PriceOfFreedom
Thu Apr 11, 2019 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is it too late to do backdoor roth conversion for 2018 tax benefits?
Replies: 5
Views: 490

Re: Is it too late to do backdoor roth conversion for 2018 tax benefits?

Unfortunately, the deadline for a Roth conversion for the 2018 tax year was 12/31/2018. Conversion years are the same as calendar years. The deadline for an IRA contribution is 4/15/2019, but that is not what you are trying to do.
by PriceOfFreedom
Wed Feb 20, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can't login to Ally bank
Replies: 5
Views: 741

Re: Can't login to Ally bank

Just logged in. No problem.
by PriceOfFreedom
Wed Nov 28, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 37
Views: 7237

Re: IRMAA Thresholds in 2020

Thanks FactualFran, this makes sense.

My option (3) was a nonsensical attempt to capture future inflation rather than this year's (already known) inflation. However, since the IRMAA limits for 2020 need to be determined in late 2019, your timeline makes far more sense.
by PriceOfFreedom
Wed Nov 28, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 37
Views: 7237

Re: IRMAA Thresholds in 2020

mhalley, I agree that you will be better off financially next year with Medicare/IRMAA than with your current plan.

However, do you have an answer to my question?
by PriceOfFreedom
Wed Nov 28, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 37
Views: 7237

Re: IRMAA Thresholds in 2020

Sorry to be so thick about this, but as I'm doing some year-end income planning, I want to avoid "just" going over an IRMAA threshold. So the first IRMAA threshold for married filing jointly is currently $170,000. To determine the IRMAA surcharge for Medicare premiums that DW and I will pay in 2020 ...
by PriceOfFreedom
Tue Oct 30, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 37
Views: 7237

Re: IRMAA Thresholds in 2020

Hi HueyLD. I browsed the kff.org website, but cant find the info. Could you please provide a link? Thanks.
by PriceOfFreedom
Sun Aug 26, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Where's the Inflation Hedge for Short-Term TIPS?
Replies: 79
Views: 5793

Re: Where's the Inflation Hedge for Short-Term TIPS?

OP here. Thank you for all your replies and insights. #Cruncher, your analysis is very cogent, as usual. So with the 5 year TIPS real yield currently at +0.73%, is it reasonable to assume that the real yield of VTAPX over the next five years would be approximately that, assuming that real 5-year rat...
by PriceOfFreedom
Sat Aug 25, 2018 11:56 pm
Forum: Investing - Theory, News & General
Topic: Where's the Inflation Hedge for Short-Term TIPS?
Replies: 79
Views: 5793

Where's the Inflation Hedge for Short-Term TIPS?

I keep reading that TIPS are an inflation hedge, and that short-term TIPS are less sensitive to interest rate changes and so are closer to a "pure" short-term inflation hedge than longer term TIPS. Where I am confused is when I examine the return record of Vanguard's Short-Term TIPS Fund (VTAPX). In...
by PriceOfFreedom
Sun Feb 18, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Include 1099R for direct rollover in 2017 1040?
Replies: 8
Views: 681

Re: Include 1099R for direct rollover in 2017 1040?

Thank you, all, I am feeling less nervous about including the 1099R in my return.

tomd37, the code in box 7 is "G" (Direct rollover of a distribution to a qualified plan...").

boglesmind, I checked my TurboTax return 1040, and ROLLOVER does indeed appear.
by PriceOfFreedom
Sat Feb 17, 2018 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Include 1099R for direct rollover in 2017 1040?
Replies: 8
Views: 681

Include 1099R for direct rollover in 2017 1040?

In 2017, I did a direct rollover of my 401k to an IRA. Recently, I received a 1099R which shows the gross amount, and zero tax owing (due to direct rollover). Do I include this 1099 into my Turbo Tax filing? With no tax owing, it's a bit frightening that it shows this large amount (high six figures)...
by PriceOfFreedom
Wed Dec 06, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: Annoying Ads when turning on Galaxy S7 smartphone
Replies: 6
Views: 556

Re: Annoying Ads when turning on Galaxy S7 smartphone

Hi Brad, Thank you for the suggestion. I have just done this, but as the ad screen only comes on if the phone has been off for a few hours, I will have to wait a while to see if this worked. In settings, I have also blocked notifications from something called "AllShare Cast Dongle SW". Let's see if ...
by PriceOfFreedom
Wed Dec 06, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Annoying Ads when turning on Galaxy S7 smartphone
Replies: 6
Views: 556

Annoying Ads when turning on Galaxy S7 smartphone

Hello Bogleheads, In the past few days, I keep getting ads on my initial screen after I turn on my Galaxy S7 smartphone (Verizon is the carrier). When I click the >">" at the top right of the ad (which occupies the power portion of my screen), I get "Ads by Google". To get past the ad, I have to swi...
by PriceOfFreedom
Tue Oct 17, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: Data Security on Cellular Network
Replies: 8
Views: 1411

Re: Data Security on Cellular Network

Thank you for the replies. I will look into anti-virus software for an Android (S7) phone. Any recommendations?
by PriceOfFreedom
Mon Oct 16, 2017 11:39 pm
Forum: Personal Consumer Issues
Topic: Data Security on Cellular Network
Replies: 8
Views: 1411

Data Security on Cellular Network

This will probably be a dumb question, but here goes anyway... I understand that when browsing the internet while on a public (unsecured) WiFi connection, one should assume that others can intercept data. Is the same true if one disables WiFi and uses only the cellular connection? So, for example, i...
by PriceOfFreedom
Thu Jun 29, 2017 12:18 am
Forum: Non-US Investing
Topic: US Resident (Canadian Citizen) with RRSPs in Canada
Replies: 10
Views: 2514

Re: US Resident (Canadian Citizen) with RRSPs in Canada

Kazeflame, I assume your GICs are with TD Bank. As enadroj states, you will have more flexibility if you move the RRSP to TD Direct Investing (used to be called TD Waterhouse). You will probably need to visit a TD Canada Trust branch in Canada to do this. You will not be able to buy Canadian mutual ...
by PriceOfFreedom
Sun Jun 25, 2017 4:04 pm
Forum: Personal Investments
Topic: Downside Risk of Ultra-Short Credit Bond Funds
Replies: 6
Views: 1806

Re: Downside Risk of Ultra-Short Credit Bond Funds

Thanks, MCSquared. VUSFX might just wok fine in my Vanguard IRA. Mutual fund commissions would be a drag in the TD Ameritrade account. I guess I'll have to look into brokered CDs there, or take a chance on MINT or NEAR if I want instant liquidity.
by PriceOfFreedom
Sun Jun 25, 2017 1:14 pm
Forum: Personal Investments
Topic: Downside Risk of Ultra-Short Credit Bond Funds
Replies: 6
Views: 1806

Re: Downside Risk of Ultra-Short Credit Bond Funds

Hi stlutz, thank you for the reply. I agree that the Ally CD would be a better choice. I have IRA's at both Vanguard and TD Ameritrade, but I don't see the option to purchase this Ally CD in either account. In both cases, I am looking at their CD tab and don't see the Ally 11-month CD listed. Is it ...
by PriceOfFreedom
Sun Jun 25, 2017 11:52 am
Forum: Personal Investments
Topic: Downside Risk of Ultra-Short Credit Bond Funds
Replies: 6
Views: 1806

Downside Risk of Ultra-Short Credit Bond Funds

My IRA bond allocation is split between: - 2/3: Vanguard Intermediate-Term Corporate Bond EFT (VCIT) - SEC yield=3.11%, Duration=6.50 years, Expense Ratio=0.07% - 1/3: Vanguard Short-Term Corporate Bond ETF (VCSH) - SEC yield=2.15%, Duration=2.85 years, Expense Ratio=0.07% The reason for the split i...
by PriceOfFreedom
Sat Mar 04, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Oregon Form 1099-G shows Kicker instead of Refund
Replies: 19
Views: 9244

Re: 2016 Oregon Form 1099-G shows Kicker instead of Refund

Thank you, NWbrewer. It makes sense. I was able to update the tax return as you suggested.
by PriceOfFreedom
Fri Mar 03, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Oregon Form 1099-G shows Kicker instead of Refund
Replies: 19
Views: 9244

Re: 2016 Oregon Form 1099-G shows Kicker instead of Refund

NW Brewer I've gone back to my return, and cannot find where to "fix" schedule A. I cannot find a section that allows me to enter an amount for 2015 Oregon taxes to reduce the 1099-G amount. Just to be sure, here is my situation: 1099-G amount shown as a refund for 2015 tax year (from the form I rec...
by PriceOfFreedom
Wed Mar 01, 2017 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Oregon Form 1099-G shows Kicker instead of Refund
Replies: 19
Views: 9244

Re: 2016 Oregon Form 1099-G shows Kicker instead of Refund

lindacpa: My 2016 tax return falls under your example 2(b). That is, my 2015 refund was smaller than the kicker, but the entire kicker amount appears on the 1099-G. On my 2016 return, TurboTax is the full kicker amount in the 1040 line 10 (as you suggest), then entering line 32 from Form 40 (2016) (...
by PriceOfFreedom
Thu Feb 16, 2017 1:38 am
Forum: Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 8847

Re: Closed my Roth IRA due to political uncertainty - mistake???

I did just that - closed the old one that had $1500, then reopened a new one a few weeks later with $1000. I actually lost a few dollars in the old one, so there were no "earnings". I opened the new one with $500 less only because I have some large bills coming due. Am I on the hook for the early c...
by PriceOfFreedom
Sun Feb 12, 2017 1:03 pm
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 518
Views: 70145

Re: Your USER NAME...what does it mean?

My family history in the past century is fleeing oppression. My grandparents fled Russia in 1917 during the revolution and ended up in China. My parents fled China during the Chinese revolution in 1949 and eventually ended up in Canada. We left Quebec when the separatists came to power in 1976 and ...
by PriceOfFreedom
Thu Feb 09, 2017 5:15 pm
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 518
Views: 70145

Re: Your USER NAME...what does it mean?

My family history in the past century is fleeing oppression. My grandparents fled Russia in 1917 during the revolution and ended up in China. My parents fled China during the Chinese revolution in 1949 and eventually ended up in Canada. We left Quebec when the separatists came to power in 1976 and e...
by PriceOfFreedom
Sat Dec 10, 2016 7:53 pm
Forum: Personal Investments
Topic: Reduction of Roth MAGI by 457b to Roth457b conversion
Replies: 4
Views: 603

Re: Reduction of Roth MAGI by 457b to Roth457b conversion

Thanks, Alan, for the suggestions. I'll look into what options I may have.
by PriceOfFreedom
Sat Dec 10, 2016 4:01 pm
Forum: Personal Investments
Topic: Reduction of Roth MAGI by 457b to Roth457b conversion
Replies: 4
Views: 603

Re: Reduction of Roth MAGI by 457b to Roth457b conversion

Alan, thank you for the reply. I unintentionally omitted some pertinent information. I am trying to achieve two objectives: 1. Keep AGI just below the 214k Medicare premium threshold 2. Keep Roth MAGI just below the 186k income limit So I am looking for sources of AGI income which would get us to ju...
by PriceOfFreedom
Sat Dec 10, 2016 2:13 pm
Forum: Personal Investments
Topic: Reduction of Roth MAGI by 457b to Roth457b conversion
Replies: 4
Views: 603

Reduction of Roth MAGI by 457b to Roth457b conversion

I am trying to determine if I can make a contribution to a Roth IRA. The backdoor Roth is not a viable option because of a large existing pre-tax IRA (and since I am retired, I cannot roll that into a 401k). My wife and I file jointly. The issue is whether we can keep our MAGI below the $186k limit....
by PriceOfFreedom
Mon Oct 03, 2016 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Converting USD to GBP without enriching the middleman
Replies: 12
Views: 1311

Re: Converting USD to GBP without enriching the middleman

d0gerz, yes, you can transfer money to yourself. In fact, that's the only way I use transferwise. I receive regular income in Canadian dollars in my Canadian bank account. At times of my choosing, I use transferwise to move those funds into my US account stateside.
by PriceOfFreedom
Sun Oct 02, 2016 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Converting USD to GBP without enriching the middleman
Replies: 12
Views: 1311

Re: Converting USD to GBP without enriching the middleman

Right now, transferwise.com shows they will sell you GBP 764.85 for US$1,000, for an exchange rate of 1.3074

I have used them several times for CAD to US$ transfers.
by PriceOfFreedom
Sat Jul 09, 2016 8:23 pm
Forum: Personal Investments
Topic: Qualified status of Roth 457 to Roth IRA rollover
Replies: 4
Views: 1006

Re: Qualified status of Roth 457 to Roth IRA rollover

Thank you both for the clear replies. The links provided are very helpful as well. One more question. If she keeps the funds in the Roth 457, she encounters RMDs at age 70-1/2. I asssume that if she rolls the funds into her existing Roth IRA (which has no RMDs), that requirement goes away, that is, ...
by PriceOfFreedom
Sat Jul 09, 2016 12:52 am
Forum: Personal Investments
Topic: Qualified status of Roth 457 to Roth IRA rollover
Replies: 4
Views: 1006

Qualified status of Roth 457 to Roth IRA rollover

I have attempted to get an answer to this by forum search, but have been unsuccessful. My apologies if this has already been answered. My wife is currently employed and contributing pre-tax to her employer's 457 plan (governmental). She has the options to perform partial conversions from that pre-ta...
by PriceOfFreedom
Fri Jun 24, 2016 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card transaction treated as a cash advance
Replies: 20
Views: 4338

Re: Credit card transaction treated as a cash advance

Hello takeshi, that was a helpful reply. It appears that the $10 cash advance fee is imposed by Cost Rica, and not the credit card company. I was therefore incorrect in blaming Citibank, and will not cancel the credit card.
by PriceOfFreedom
Fri Jun 24, 2016 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Credit card transaction treated as a cash advance
Replies: 20
Views: 4338

Re: Credit card transaction treated as a cash advance

Thank you for the replies. In response to questions: 1) If told it would be an advance, I would have paid cash. Neither the literature I read in advance nor the staff at the airport told me it would be a cash advance. 2) Flew Alaska Airlines. Overall, lesson learned. BTW, Rainier, we loved Cost Rica...
by PriceOfFreedom
Fri Jun 24, 2016 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Credit card transaction treated as a cash advance
Replies: 20
Views: 4338

Credit card transaction treated as a cash advance

Our family traveled to Costa Rica last month. Before leaving, one is required to pay a departure tax of US$27 per person at the San Jose, CR airport. I did so and utilized my Citi Double Cash credit card to pay for this. On receiving my statement, I discovered that the transaction was treated as a c...
by PriceOfFreedom
Thu Jul 09, 2015 8:59 pm
Forum: Investing - Theory, News & General
Topic: What counts as small cap in a MF/ETF?
Replies: 3
Views: 910

Re: What counts as small cap in a MF/ETF?

Thanks, livesoft, interesting thread. Sounds like your view is that "small cap" is everything smaller than large cap (mid/small/micro). That seems to be a logical definition. So for VXUS, large is about 78%, everything else is about 22%. My desired allocation of 80/20 so the int'l total market fund ...
by PriceOfFreedom
Thu Jul 09, 2015 7:15 pm
Forum: Investing - Theory, News & General
Topic: What counts as small cap in a MF/ETF?
Replies: 3
Views: 910

What counts as small cap in a MF/ETF?

I'm attempting to set target AA's for my portfolio and then measure how closely my investments match the targets. Say for international stocks, I target an 80/20 Large Cap/Small Cap spilt. When I go to Morningstar, the style box for a MF/ETF breaks the portfolio down into Large/Mid/Small (also into ...
by PriceOfFreedom
Fri Jul 03, 2015 8:55 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2015!
Replies: 256
Views: 72290

Re: Roll Call for the Retirement Class of 2015!

Count me in for the class of 2015. Retired today, after almost 42 years on the job.

Henceforth, Independence Day will have a second and special meaning for me! :D