Search found 6 matches

by bkh8
Sat Dec 17, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Balance Plan
Replies: 23
Views: 5099

Re: Cash Balance Plan

What do you mean put in too much? Ie save too much money? Seems like the way we are setting up the CBP it will be rolled into a 401k in 10 years and is a way to put in more money pretax with the hope of being in a lower bracket when you retire. Seems like I might want to priorize this even over back...
by bkh8
Fri Dec 16, 2016 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Balance Plan
Replies: 23
Views: 5099

Re: Cash Balance Plan

We had a defined benefit plan that we just closed and I rolled my contribution into the group 401k. We are now setting up a cash balance plan and i can put in a lot more money close to 150k a year if I want for the next 6-7 years. The plan is to roll those contributions into the 401k and setting up ...
by bkh8
Thu Dec 15, 2016 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan with low interest, keep or pay off early?
Replies: 26
Views: 3765

Re: Student Loan with low interest, keep or pay off early?

Yea, I am struggling with this as well. I have 160k at 1.65%. Mathematically it doesn't make sense to pay them off. I decided to split the difference. I take my excess cash and pay extra on the loan and then put the rest in a taxable account. My loan term was 25 years and I decided 5 years was long ...
by bkh8
Mon Jan 05, 2015 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Almost made it! From $ -530k net worth to $-9k this yr
Replies: 36
Views: 8369

Re: Almost made it! From $ -530k net worth to $-9k this yr

Congratulations. I am in a similar situation, with finishing residency and having a big family. We have gone from -100k to +75k this last year. I remember you posting about paying down loans or investing in a taxable account, after maxing out tax advantage space. So did you decide to just pay down y...
by bkh8
Tue Jan 21, 2014 3:13 pm
Forum: Personal Investments
Topic: HSA Bank to ElfCU for free?
Replies: 17
Views: 3597

Re: HSA Bank to ElfCU for free?

I called TD Ameritrade about this today and they said that I needed to sell my funds and move it all back into HSA first. Then HSA would move it to ELFCU. I am not sure how to get around the HSA charge.