Search found 72 matches

by mkc
Wed Feb 12, 2020 8:51 pm
Forum: Personal Investments
Topic: Inheriting an IRA in 2020 - questions/help needed
Replies: 10
Views: 740

Re: Inheriting an IRA in 2020 - questions/help needed

If the RMDs were monthly automated distributions, inform VG ASAP that the account owner passed and they will suspend distributions I have a call scheduled with VG tomorrow but have already told them of the passing. Medicaid recovery from non probate assets differs by state. I would not set up separ...
by mkc
Wed Feb 12, 2020 5:35 pm
Forum: Personal Investments
Topic: Inheriting an IRA in 2020 - questions/help needed
Replies: 10
Views: 740

Re: Inheriting an IRA in 2020 - questions/help needed

2. Since the deceased person passed away this year, 2020, you'll likely need to figure out the remaining RMD situation and file taxes for the deceased person for the year of 2020. You'll probably have plenty of time to sort this out, but if I were you, I'd work with an enrolled agent or a CPA to ma...
by mkc
Wed Feb 12, 2020 5:32 pm
Forum: Personal Investments
Topic: Inheriting an IRA in 2020 - questions/help needed
Replies: 10
Views: 740

Re: Inheriting an IRA in 2020 - questions/help needed

In your plans you may also want to max out any retirement accounts that you are eligible for that you would not otherwise be maxing out. I would agree with the comment about calling Vanguard to have them walk you through the process of moving the funds to inherited IRA in your name. Thank you - sin...
by mkc
Wed Feb 12, 2020 10:53 am
Forum: Personal Investments
Topic: Inheriting an IRA in 2020 - questions/help needed
Replies: 10
Views: 740

Inheriting an IRA in 2020 - questions/help needed

A family member passed away earlier this month and my sibling and I are the named beneficiaries on the IRA. The IRA is currently held at Vanguard. The IRA owner was a Medicaid recipient so some moneys (like the remaining personal services account at the nursing home) are the property of Medicaid. 2 ...
by mkc
Mon Dec 30, 2019 11:22 am
Forum: Personal Investments
Topic: Flagship Services Dissapointment !
Replies: 72
Views: 7688

Re: Flagship Services Dissapointment !

Logged onto Vanguard today and can confirm that I still appear to have named flagship person. At the bottom of the login page there is the label "Your Flagship Representative" with a picture, a name, and a phone number underneath. It's a different person than the one I last spoke with a couple of y...
by mkc
Fri Dec 27, 2019 9:05 pm
Forum: Personal Investments
Topic: Mail from Vanguard - Account could be turned over to state due to lack of interest
Replies: 97
Views: 9272

Re: Mail from Vanguard - Account could be turned over to state due to lack of interest

I live in Tennessee, got the same letter. Figured with the pro forma of it, it was just some randomly generated regulatory check on their part. I log into my accounts often, and once a month sweep any excess after expenses into my brokerage account. Seemed there was zero way this letter was specifi...
by mkc
Fri Dec 27, 2019 5:53 pm
Forum: Personal Investments
Topic: Mail from Vanguard - Account could be turned over to state due to lack of interest
Replies: 97
Views: 9272

Re: Mail from Vanguard - Account could be turned over to state due to lack of interest

abuss368 wrote:
Fri Dec 27, 2019 2:16 pm
Call Vanguard to review and discuss.
We are still waiting for their return call from Monday, when "all representatives were assisting other clients".
by mkc
Mon Dec 23, 2019 6:22 pm
Forum: Personal Investments
Topic: Mail from Vanguard - Account could be turned over to state due to lack of interest
Replies: 97
Views: 9272

Re: Mail from Vanguard - Account could be turned over to state due to lack of interest

Agreed. And now they have a bunch of people tying up their phone lines over nothing, which makes people who have important end of year business have to wait longer. And the whole mess could have been avoided if they 1) stated it was a annual requirement to send the letter 2) included in the letter ...
by mkc
Mon Dec 23, 2019 1:56 pm
Forum: Personal Investments
Topic: Mail from Vanguard - Account could be turned over to state due to lack of interest
Replies: 97
Views: 9272

Re: Mail from Vanguard - Account could be turned over to state due to lack of interest

We are also in TN and got 3 letters; one for each IRA and one for our joint account. Of course I actually do log in monthly to all accounts, and especially this time of year to pull tax planning info. Personally, I think VG did "minimum effort" regarding the issuing and handling of this letter. It a...
by mkc
Mon Mar 05, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: Electric Toothbrushes - again
Replies: 55
Views: 8175

Re: Electric Toothbrushes - again

How does the noise compare between Oral B and Sonicare (for those who have tried both)? We tried one of the two a few years ago (don't recall which brand, but it sounded like an angle grinder so we returned it to Costco). DH and I both have 10+ year old original Rotadents (Zila, the original manufac...
by mkc
Mon Mar 05, 2018 10:20 am
Forum: Personal Investments
Topic: dad insists on gifting me all his money- help!
Replies: 23
Views: 4857

Re: dad insists on gifting me all his money- help!

Another very strong recommendation to seek the assistance of an elder care attorney. I have been through the Medicaid application process for my mother (she was incapacitated and nursing home costs consumed her savings.) It is a substantial effort to collect all the financial documentation for the l...
by mkc
Wed Feb 14, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 19878

Re: Tips on Buying a Class-B RV

Congrats! Lots to look forward to! We have been RVers for 18 years and are on our third. We started with a Ford E450-based class C (Lazy Daze, one of the best quality), then a Foretravel diesel pusher (again, one of the best quality) and owned that coach, a 40-footer, for 12 years. Last year we boug...
by mkc
Wed Feb 14, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: What is the best place to buy pet food online?
Replies: 28
Views: 5274

Re: What is the best place to buy pet food online?

SimplicityNow wrote:
Sun Feb 04, 2018 11:04 pm
I used to use Chewy. Petsmart purchased them and the pet food brand I used won't sell to the big pet stores so I had to find another supplier.
Same here. We now buy our Fromm Family through Hollywood Feed. There is a store locally or we can buy online.
by mkc
Wed Feb 14, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 24804

Re: For BHs who actually like cars - [what car do you drive every day?]

2002 Lincoln LS V8 Sport. Bought new (leftover). Fell in love with the styling when they first came out with the LS. Bought it before I knew about being a Boglehead and have kept it because of being a Boglehead.
by mkc
Wed Jan 24, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: what is the best mouse poison?
Replies: 45
Views: 4192

Re: what is the best mouse poison?

Don't worry about the poison getting into other animals. That's phooey and hasn't been back up by any scientific study. A search on secondary rodenticide poisoning turns up many studies. Here's one discussion http://www.audubon.org/magazine/january-february-2013/poisons-used-kill-rodents-have-safer...
by mkc
Mon Jan 22, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Range Hood Blower Sizing
Replies: 40
Views: 2745

Re: Range Hood Blower Sizing

We're going through this analysis (and designing MUA) as well. Gardenweb (now Houzz) has a lot of good (and bad) discussion on vent hood capture sizing and blower sizing. https://www.houzz.com/discussions/appliances Look for member kaseki for good info on the subject https://www.houzz.com/activities...
by mkc
Thu Jan 04, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Assisted Living cost > person's pension
Replies: 24
Views: 2548

Re: Assisted Living cost > person's pension

+1 on getting a good Elder Care attorney. Wading the application process for Medicaid is a challenging one, especially gathering up the "lookback" period documentation, but an attorney can really help you understand the application and walk you through what's needed. Now, Medicaid will not pay for a...
by mkc
Wed Jan 03, 2018 5:20 pm
Forum: Personal Investments
Topic: Edward Jones - help
Replies: 38
Views: 3992

Re: Edward Jones - help

This all came about because over the few months I had this account open, 5 out of the 6 holdings show small negative returns. Why should I have negative returns when the market was up? Hell even the funds themselves were up. Even If I didnt hold the entire year that just doesnt make sense. What are...
by mkc
Sun Apr 10, 2016 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer in Hand, Delaying Notice
Replies: 42
Views: 5125

Re: Job Offer in Hand, Delaying Notice

Wait til you close +1 Lenders contact employers to verify employment and if they find out you have given your notice then your loan will not be approved based on your current employment. +2 - wait until you close. A family member went through this and the call to verify employment was the day befor...
by mkc
Wed Mar 30, 2016 2:26 pm
Forum: Personal Consumer Issues
Topic: Dallas Metro Area
Replies: 28
Views: 3855

Re: Dallas Metro Area

Is she into NASCAR? The spring race (Duck Commander 500) at TMS (Texas Motor Speedway) is April 9 All kidding aside, here's one source for area festivals http://texashighways.com/events?region=Prairies%20and%20Lakes Grapevine might be a fun area to explore http://www.grapevinetexasusa.com/things-to-...
by mkc
Tue Mar 29, 2016 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 168
Views: 19181

Re: Which Engineering Discipline for the next 20+ years !!!

The answer to the original question is that we don't know. I watched my last megacorp lay off seasoned engineers in the US, push out anyone over 50 and dissolve whole groups, only to reconstitute them in China and India using engineers at much lower pay. I see this continuing This - and just like i...
by mkc
Fri Mar 25, 2016 9:25 am
Forum: Personal Consumer Issues
Topic: Birthday Gift To Techie Husband
Replies: 38
Views: 3763

Re: Birthday Gift To Techie Husband

Do they still make Erector Sets? I know this is a gift for your husband, but my dad got one for me when I was 2. Mostly for him, I think ;-) ), but we put stuff together as a team and that was cool especially for him. Later on I helped him with car repairs. I grew up to become an engineer (and I'm a...
by mkc
Wed Mar 23, 2016 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Credit card keeps getting hacked, even when unused! (4x now!)
Replies: 49
Views: 12687

Re: Credit card keeps getting hacked, even when unused! (4x now!)

Is Citibank better? Fidelity's new Visa? Timely subject. We have had a Citi card for years. The number gets compromised roughly every 18-24 months, their end has almost always caught it before us and called US to ask about suspicious charges (typically either a test charge of $1 or so or a charge a...
by mkc
Tue Mar 15, 2016 4:28 pm
Forum: Personal Consumer Issues
Topic: Dallas Metro Area
Replies: 28
Views: 3855

Re: Dallas Metro Area

We have been eyeing the Grapevine/Southlake area for Aveda Salons, however home pricing is a bit out of range beings her income will not be the same for quite a while therefore relying on mine for the time being. Also, it's my understanding property taxes are higher in TX due to no state income tax...
by mkc
Tue Mar 15, 2016 2:25 pm
Forum: Personal Consumer Issues
Topic: Dallas Metro Area
Replies: 28
Views: 3855

Re: Dallas Metro Area

The Harvest development you linked looks appealing and close to where i'd be working (~15mi). We are unsure of where'd she be working but have looked into a couple options that wouldn't be that far of a drive from this area. A couple of areas for her to look into are the Highland Village/Flower Mou...
by mkc
Tue Mar 15, 2016 10:44 am
Forum: Personal Consumer Issues
Topic: Dallas Metro Area
Replies: 28
Views: 3855

Re: Dallas Metro Area

We've lived in the Denton/Argyle area for about 10 years now. You might look into Harvest, being built just off I35W/FM407 in Northlake. http://www.harvestlivesmart.com/ Sounds like their target market is your demographic - seems very young family oriented. Both Northwest ISD and Argyle ISD are high...
by mkc
Sun Feb 21, 2016 12:05 pm
Forum: Personal Investments
Topic: Merrill Lynch Private Wealth Advisor
Replies: 38
Views: 5114

Re: Merrill Lynch Private Wealth Advisor

3. Anyone with experience with Merrill Lynch Private Wealth Advisor that have any feedback? An older family member uses them. "He's such a nice young man. Takes care of everything so I don't have to worry. He calls and tells me when I need to sell or buy something so I don't have to think about it"...
by mkc
Thu Feb 11, 2016 10:19 am
Forum: Personal Consumer Issues
Topic: New Washer - Frontload or HE Top Load
Replies: 77
Views: 11165

Re: New Washer - Frontload or HE Top Load

We've had a front-load Kenmore (HE3T) for 15 years now and while it works MUCH better than the basic top loader we had before, there are definitely challenges with items tangling together, occasional issues with load balancing for spinning (especially with heavy items), and if I try to wash a comfor...
by mkc
Tue Feb 09, 2016 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Please share examples where earning an extra $1 can cost more in taxes than income.
Replies: 49
Views: 7323

Re: Please share examples where earning an extra $1 can cost more in taxes than income.

Tennessee's Hall Tax (income tax on interest and dividends and fund cap gains distributions), specifically for those 65 and older. If over 65, single $33K, joint $59K, using all sources of income, including SS are exempt from the tax. If you are over that at all, you pay 6% on interest, dividends, e...
by mkc
Fri Feb 05, 2016 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: What percentage of your expenses are covered by SS and/or pensions
Replies: 84
Views: 8632

Re: Retirees: What percentage of your expenses are covered by SS and/or pensions

Early retirees, so "none"right now.

Once eligible for SS and a tiny (couple of hundred $) pension, it should be between 60-75% of what we expect our annual expenses to be at that time.
by mkc
Fri Jan 22, 2016 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Loan repayment from a special needs trust to spend down for Medicaid
Replies: 5
Views: 727

Re: Loan repayment from a special needs trust to spend down for Medicaid

Thanks! That's what I'm worried about that the money will be considered a gift and not a loan. :oops: Unless you have paperwork that states otherwise, I believe that is what the social worker processing the Medicaid application will decide. It is critical to have documentation for virtually everyth...
by mkc
Fri Jan 22, 2016 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Loan repayment from a special needs trust to spend down for Medicaid
Replies: 5
Views: 727

Re: Loan repayment from a special needs trust to spend down for Medicaid

1. Neither my mother's CPA or FP have record of her writing a personal check to the account to fund it. Not to say it didn't happen, they just don't have records back that far Does your mother recall the financial institution from which she wrote the personal check? I recently went through Medicaid...
by mkc
Sat Jan 16, 2016 9:15 am
Forum: Personal Consumer Issues
Topic: Pizza Stone / Homemade Pizza Advice
Replies: 58
Views: 7080

Re: Pizza Stone / Homemade Pizza Advice

Another convert from stone to steel. Not just for pizza but for bread as well. I saw an immediate improvement in oven spring even baking at the same temperatures. I think the recommended steel "variety" is A36 if you have access/can DIY vs. bakingsteel.com. Also a huge fan of pizzamaking.com. The fo...
by mkc
Tue Jan 12, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: New to HSA, am I planning contributions optimally/correctly?
Replies: 8
Views: 880

Re: New to HSA, am I planning contributions optimally/correctly?

You should always try to allocate the maximum possible contribution to the employee obtaining the HDHP policy. Only their contribution by salary deduction is exempt from FICA on the contribution. Manual contributions by either spouse will be made from income that has already been subject to FICA. T...
by mkc
Tue Jan 12, 2016 10:55 am
Forum: Personal Finance (Not Investing)
Topic: New to HSA, am I planning contributions optimally/correctly?
Replies: 8
Views: 880

Re: New to HSA, am I planning contributions optimally/correctly?

My only concern with having multiple HSAs would be the cost of having two HSAs. Do you plan on investing the money? What are the minimums and cost structure? We will be using http://www.alliantcreditunion.org/bank/health-savings-account No fees unless/until we opt to invest, at which point it would...
by mkc
Tue Jan 12, 2016 9:53 am
Forum: Personal Finance (Not Investing)
Topic: New to HSA, am I planning contributions optimally/correctly?
Replies: 8
Views: 880

New to HSA, am I planning contributions optimally/correctly?

This is our first year with an HDHP (off exchange, individual plan). I will be 54 at the end of 2016; DH 55. To keep things simple this year, I'm thinking of doing 1 HSA, in his name, for 2016 to maximize this year's contribution ($6750/family + $1000 catch up) = $7750 Then in 2017 (assuming still o...
by mkc
Tue Jan 12, 2016 8:01 am
Forum: Personal Consumer Issues
Topic: Alaska in July, first time RV
Replies: 55
Views: 5002

Re: Alaska in July, first time RV

The dumping is interesting idea, and one we may manage. The sinks seem like the most useful feature, and probably require dumping as well though. Perhaps if we just sinks it'll be less frequent dumping. To be researched. Thanks! Yes, sinks and shower go into grey tank, toilet into black. (in most R...
by mkc
Mon Jan 11, 2016 11:25 am
Forum: Personal Consumer Issues
Topic: Alaska in July, first time RV
Replies: 55
Views: 5002

Re: Alaska in July, first time RV

2) How often would I likely need to dump the RV - once a week, every third day? As a long-time RVer, the answer to this one is "it depends". Size of holding tanks. Use of RV tanks vs. campground bath house/bathrooms (if showering in the RV, military style vs. letting water run). Disposable dishes v...
by mkc
Thu Jan 07, 2016 1:32 pm
Forum: Personal Consumer Issues
Topic: Gas fireplace for heat
Replies: 26
Views: 4280

Re: Gas fireplace for heat

It's been a few years since we researched this, but Fireplace Xtrordinair has some models that are actually rated as small furnaces. http://www.fireplacex.com/ProductGuide/FuelTypeOverview.aspx?fueltype=gas&fueltab=0 We had one in our previous home and it worked very well in an open floorplan. We ha...
by mkc
Thu Dec 31, 2015 8:00 am
Forum: Personal Consumer Issues
Topic: Who Reads the Comics?
Replies: 44
Views: 3717

Re: Who Reads the Comics?

Bloom County for me.
by mkc
Thu Dec 31, 2015 7:55 am
Forum: Personal Consumer Issues
Topic: Home Brewers: Where do you brew?
Replies: 6
Views: 812

Re: Home Brewers: Where do you brew?

Also, can any of you recommend online-ordering sources for brewing supplies? The brewing supplies store in our town has since closed up. DH brews several times a year and uses (online retailers) Northern Brewer or their other business Midwest Brewing Supplies for equipment and ingredients (he brews...
by mkc
Sat Dec 26, 2015 2:29 pm
Forum: Personal Consumer Issues
Topic: Beef roast
Replies: 124
Views: 13376

Re: Beef roast

island wrote:Leeraar. Happy your Christmas dinner was a success.
Bring on the horseradish! BTW, anyone have a favorite type or brand?
Atomic. Hands down. (well, except for the freshly made from a fish market in Hallowell, Maine...)
by mkc
Sun Dec 06, 2015 9:36 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 89213

Re: Flaunt Your High-Mileage Car

Had an '87 Subaru (bought new) that went to 143K before it wouldn't pass state inspection due to frame rust. Then had a "93 Mitsubishi Diamante (bought 1 year old) that went 152,000 before I sold it. Still have the 2002 Lincoln LS (bought new) that I replaced the Diamante with. Currently has 73,313 ...
by mkc
Sun Dec 06, 2015 11:20 am
Forum: Personal Consumer Issues
Topic: Any opinions on a ventless dryer?
Replies: 16
Views: 3434

Re: Any opinions on a ventless dryer?

I was also researching this recently (Gardenweb's laundry board is a great starting place). Standard/large size there are currently only 2 heat pump options in the US, Whirlpool and LG. From what I read, the LG still requires a vent (and there were some warnings regarding LG's service). Whirlpool's ...
by mkc
Tue Dec 01, 2015 4:25 pm
Forum: Personal Consumer Issues
Topic: Online prescription glasses good or bad?
Replies: 13
Views: 3183

Re: Online prescription glasses good or bad?

I had good results with SportRx. +1 for SportRX DH is high prescription (-5 and worse), astigmatism, narrow face, small PD, needing progressives which made sport sunglasses darned near impossible. We tried a number of local opticians and no one had a frame that would work with his prescription and ...
by mkc
Tue Dec 01, 2015 4:09 pm
Forum: Personal Consumer Issues
Topic: Cyber Monday
Replies: 50
Views: 7952

Re: Cyber Monday

KitchenAid Pro Line stand mixer. King Arthur Flour had nearly everything 20% off, including appliances (which I've never seen anywhere on Pro Line; those are always excluded from discounts), free shipping, $50 mail in rebate. I also had a gift card from last Christmas I'd squirreled away waiting for...
by mkc
Tue Dec 01, 2015 3:39 pm
Forum: Personal Consumer Issues
Topic: New Printer
Replies: 28
Views: 3228

Re: New Printer

Take a look at the Brother HL-L2360DW printer which best buy has for $79.99. If you want the ability to copy/scan take a look at Brother HL-L2380DW. Uses the same toner cartridges as HL-L2360DW. After a similar thread this summer, I put the HL-L2380DW on camelcamelcamel watch since we especially ne...
by mkc
Fri Nov 06, 2015 1:11 pm
Forum: Personal Consumer Issues
Topic: Best Counter Depth Refrigerator to buy
Replies: 27
Views: 4791

Re: Best Counter Depth Refrigerator to buy

We got the Samsung Model # RS22HDHPNS about half a year ago. Did some research on Consumer Reports and the web to pick it. Home Depot seems to have it on sale right now (that's where we got it). So far we are happy with it, but obviously six months isn't long enough to make longevity predictions. W...
by mkc
Mon Oct 12, 2015 8:13 pm
Forum: Investing - Theory, News & General
Topic: A Hedge Fund Manager Shuts Down and Goes Bogle
Replies: 69
Views: 9935

Re: "I'm Shutting Down My Fund"

Mel Lindauer wrote:
Taylor Larimore wrote:Bogleheads:

Kiplinger's is currently doing a story on the Bogleheads. It should be out soon. Stay tuned!
Oh, sure, now that I let my subscription lapse because this site was far more helpful :)

Michelle
by mkc
Mon Oct 12, 2015 3:41 pm
Forum: Personal Consumer Issues
Topic: Verizon increasing rates on unlimited data plans; other options
Replies: 16
Views: 2889

Re: Verizon increasing rates on unlimited data plans; other options

Best bet for anyone right now is to (in less than 30 days) become familiar with the slickdeals post, buy a new phone (with a subsidy (200$ off the price), and re-up your contract. Keep your unlimited until November 2017. (24months*20 surcharge=480$) So save 480 on data + 200 off the price of a new ...