Search found 79 matches
- Mon Jan 14, 2019 8:40 pm
- Forum: Investing - Theory, News & General
- Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
- Replies: 1004
- Views: 106550
Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th
My HSA from Lively/TD was transfered to Fidelity; it holds SPTM ETF. I will like to sell this and buy a mutual fund instead, "Fidelity® ZERO Total Market Index Fund (FZROX)", to approximate the Vanguard Total Stock Market index admiral in my Roth IRA (VTSAX). Are there any negatives to this move? Th...
- Sun Oct 07, 2018 5:32 pm
- Forum: Personal Consumer Issues
- Topic: Help with choices for new car
- Replies: 28
- Views: 2704
Re: Help with choices for new car
You don't need a new car and you don't need AWD. What you need are winter tires - tires designed to perform optimally in low temperatures and on ice and snow. Even a RWD vehicle like your IS will perform much, much better than the best AWD system with "all-season" tires. I put "all-season" in quote...
- Sun Oct 07, 2018 4:58 pm
- Forum: Personal Consumer Issues
- Topic: Help with choices for new car
- Replies: 28
- Views: 2704
Help with choices for new car
Hello, Need suggestions for a new car to purchase with cash. Current car is 2008 lexus IS bought new; doesn't handle well in snow/ice which occurs only several times a year where I live. Criteria for a new car: 1. Forward-collision warning 2. Automatic emergency braking 3. +/-AWD (all wheel drive) 4...
- Sat Mar 18, 2017 10:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: S corp - 401K plan - profit sharing
- Replies: 131
- Views: 7936
Re: S corp - 401K plan - profit sharing
"Thought I would throw my two cents here on safe harbor 401k plans for small businesses. I am signing up for guideline.com safe harbor for my 6 employee S-Corp. $40 per month or ($8.00 per employee) They carry Fiduciary responsibility 3 bp AUM fee. $500 setup fee $1000 termination fee within first ...
- Tue Feb 07, 2017 7:41 am
- Forum: Personal Investments
- Topic: Vanguard lifestrategy vs. Target Date Funds
- Replies: 4
- Views: 1482
Vanguard lifestrategy vs. Target Date Funds
We have the 3 funds portfolio mix (total stock, total bond, total international), prime money market and the target date funds available for 4 employees. We'll like to remove most of the target date choices and consider instead the lifestrategy funds to simply the choices. This is a non elective, sa...
- Fri Jan 06, 2017 1:25 pm
- Forum: Personal Investments
- Topic: New 401(k) setup: Profit sharing and fund selection
- Replies: 6
- Views: 704
Re: New 401(k) setup: Profit sharing and fund selection
Single owner. 4 employees (ages 29-67). Employee Fiduciary. 401K (safe harbor non-elective: 3%) + profit sharing. New comparability method. Graded vesting schedule: After one year of service: 0% vested After two years of service: 20% vested After three years of service: 40% vested After four years o...
- Fri Nov 04, 2016 4:40 am
- Forum: Personal Finance (Not Investing)
- Topic: Need A Trust Company
- Replies: 20
- Views: 3244
Re: Need A Trust Company
Hello, Previous post: "We need a trust company for a family revocable trust. We will be the trustee and manager of the trust until our demise. We are considering Vanguard as the custodian for the trust (taxable accounts already with Vanguard and 401k are Vanguard funds; spouse uses other companies ...
- Sat Apr 16, 2016 9:46 am
- Forum: Personal Finance (Not Investing)
- Topic: Need A Trust Company
- Replies: 20
- Views: 3244
Re: Need A Trust Company
Which one of these 2 companies seems more reasonable (fees) as a successor trustee for investment/retirement/a home? 1. Local trust company: first $1M: 1% fee; $1-2 M: 0.8%, $2-5 M: 0.6%, over $5 M: negotiable. Minimum fee: $3,000.00. Will hire a realtor to sell home. Will pick their own funds but c...
- Tue Apr 05, 2016 10:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Need A Trust Company
- Replies: 20
- Views: 3244
Re: Need A Trust Company
Hello, Thanks for the reply. I guess a neutral person/cpa firm may hire a realtor to sell the home and place the funds in the trust? I'm not sure how much to pay the potential cpa firm for the sale. Is this even feasible. Should I just have a family member sell the home instead? If you have other su...
- Sat Mar 26, 2016 10:39 am
- Forum: Personal Finance (Not Investing)
- Topic: Need A Trust Company
- Replies: 20
- Views: 3244
Need A Trust Company
Hello, Previous post: "We need a trust company for a family revocable trust. We will be the trustee and manager of the trust until our demise. We are considering Vanguard as the custodian for the trust (taxable accounts already with Vanguard and 401k are Vanguard funds; spouse uses other companies f...
- Fri Mar 04, 2016 7:35 am
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
Re: TLH First Time
Thank you both. Needed to understand the process of what to do after TLH and now I do.
- Fri Mar 04, 2016 12:15 am
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
Re: TLH First Time
OP here. Sold VTSAX on 1-19-16 (harvested 85K) and bought VLCAX on same day. Bought more shares of VLCAX on 1-20-16 and 2-8-16. Distribution for VLCAX will occur this month. Should I buy back VTSAX now before distribution for VLCAX? Or should I stay with VCLAX until it turns a loss (which may never ...
- Wed Jan 20, 2016 7:04 am
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
Re: TLH First Time
Transaction complete. No wash sale warning.
- Tue Jan 19, 2016 9:15 am
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
Re: TLH First Time
It's already done with vlcax. Thank you.
- Tue Jan 19, 2016 8:29 am
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
Re: TLH First Time
On the phone with vanguard. They want to know how long a plan on staying in this new fund, VLCAX, (exchange from total stock market) before they approve the transaction? what?
- Sun Jan 17, 2016 5:34 pm
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
Re: TLH First Time
I meant on 1/19/16 because of the replacement shares?
- Sun Jan 17, 2016 5:25 pm
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
Re: TLH First Time
Yes, I was trying to TLH 100% of the VTSAX (everything in this fund until today: move it to another fund). Maybe I've missed something crucial about TLH? I didn't consider/understand the replacement shares in this case. Confirmation from Vanguard about the specific id change will take place on 1/19/...
- Sun Jan 17, 2016 1:19 pm
- Forum: Personal Investments
- Topic: TLH First Time
- Replies: 33
- Views: 3189
TLH First Time
Background: Tax rate over 39%, no substantial identical funds in spouse or my account (taxable and tax advantaged); 2 fund portfolio: Total stock market index admiral (VTSAX) in taxable; total bond (VBTLX) in 401K. Trying to tax loss harvest in the VTSAX since it's down by 83K. Info on vanguard site...
- Thu Oct 29, 2015 9:01 pm
- Forum: Personal Investments
- Topic: small business 401(k) need advice
- Replies: 15
- Views: 1712
- Sat Oct 10, 2015 4:42 pm
- Forum: Personal Investments
- Topic: EE Bonds as asset allocation?
- Replies: 10
- Views: 1142
Re: EE Bonds as asset allocation?
My understanding is that it is counted as part of the overall bond allocation but in a taxable account.
- Sat Oct 10, 2015 4:28 pm
- Forum: Personal Investments
- Topic: EE/I Bond Rate Predictions for May 1 2015?
- Replies: 30
- Views: 5976
Re: EE/I Bond Rate Predictions for May 1 2015?
What's wrong with EE bonds per this article? I thinking about buying for I and EE bonds next month. Thanks.
http://www.huffingtonpost.com/terry-sav ... 50060.html
http://www.huffingtonpost.com/terry-sav ... 50060.html
- Sun Sep 27, 2015 3:58 pm
- Forum: Personal Investments
- Topic: Help With Portfolio
- Replies: 14
- Views: 1546
Re: Help With Portfolio
As your taxable accounts grow you will have to add bonds there to keep your AA since the contributions to taxable are outpacing the contributions to retirement accounts. In a stock market crash you can sell bonds in retirement accounts to rebalance and add stocks there too. I think your overall AA ...
- Sun Sep 27, 2015 2:32 pm
- Forum: Personal Investments
- Topic: Help With Portfolio
- Replies: 14
- Views: 1546
Re: Help With Portfolio
Preferred investing choices. See: https://www.bogleheads.org/wiki/Three-fund_portfolio See: https://www.bogleheads.org/wiki/Principles_of_tax-efficient_fund_placement However you get to a 3-fund portfolio is fine: individual funds/ETFs, or an all-in-one fund. The 3-fund portfolio is recommended for...
- Fri Sep 25, 2015 9:55 pm
- Forum: Personal Investments
- Topic: Help With Portfolio
- Replies: 14
- Views: 1546
Re: Help With Portfolio
You should put the money in when you have it, otherwise years may go by and you will miss out on growth :) DId you purposely leave out all International funds? I know some folks advocate 0% and some are all the way at 50% With a past history of sitting out with a large amount of cash, you may need ...
- Thu Sep 24, 2015 8:07 pm
- Forum: Personal Investments
- Topic: Help With Portfolio
- Replies: 14
- Views: 1546
Re: Help With Portfolio
What state do you live in, and what are your federal and state marginal tax rates? Kevin 39.6% fed, 5.25% state. Since I don't live in CA or NY, I don't qualify for the state specific tax-exempt muni. So perhaps, VWITX (vanguard intermediate term tax-exempt fund) might help. May consider the additi...
- Thu Sep 24, 2015 5:32 pm
- Forum: Personal Investments
- Topic: Help With Portfolio
- Replies: 14
- Views: 1546
Help With Portfolio
Ages: late 40's. Debt: none. Portfolio: low 7 digits. Retirement 10-15 years from now. Current asset allocation: 2 fund portfolio 1. 70-60% stocks (vanguard total stock market index admiral: VTSAX): all in taxable account now. 2. 30-40% bonds (vanguard total bond market index admiral: VBTLX): all in...
- Sun Jul 05, 2015 8:42 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician with salary/401k question
- Replies: 10
- Views: 3278
- Sun Apr 12, 2015 9:54 am
- Forum: Personal Consumer Issues
- Topic: Kitchen upgrade - granite selection help
- Replies: 52
- Views: 7492
- Wed Feb 25, 2015 3:19 pm
- Forum: Personal Finance (Not Investing)
- Topic: S-Corp AND 401K
- Replies: 2
- Views: 597
S-Corp AND 401K
Thank you for your help in advance. I'm an owner of a small business with 4 employees. It is structured as an LLC but taxed as a sole proprietor. My new accountant is suggesting that I be taxed as a S-corp for 2015 to save more in taxes; this means I will require a W2 (biweekly pay) just like my emp...
- Sat Jan 31, 2015 3:33 pm
- Forum: Personal Consumer Issues
- Topic: Online Checking Accounts
- Replies: 8
- Views: 1500
Online Checking Accounts
What are your experiences with any of these online banks? Thank you.
http://finance.yahoo.com/news/10-best-c ... 00430.html
http://finance.yahoo.com/news/10-best-c ... 00430.html
- Thu Jan 29, 2015 6:24 pm
- Forum: Investing - Theory, News & General
- Topic: Mr. Bogle on CNBC today--International and Bonds
- Replies: 50
- Views: 9141
Re: Mr. Bogle on CNBC today--International and Bonds
Any data available for the annual returns for the vanguard's 2 funds portfolio (total stock market index, total bond market index) vs. 3 funds portfolio (total stock market index, total bond market index, total international market index). Question is does the 2 funds or 3 funds portfolio perform be...
- Sun Jan 04, 2015 5:23 pm
- Forum: Personal Investments
- Topic: CD in a Roth IRA
- Replies: 4
- Views: 630
Re: CD in a Roth IRA
I have a CD (certificate of deposit) in a Roth IRA at a federal credit union which matures on 3/25/15 ( 15K, rate is 0.399400%). Does it make sense to move the money over to my Vanguard Roth IRA (funded via the back door roth )? Thank you. Do you mean .3% or 3%? It is hard to answer your question w...
- Sun Jan 04, 2015 1:18 pm
- Forum: Personal Investments
- Topic: CD in a Roth IRA
- Replies: 4
- Views: 630
CD in a Roth IRA
I have a CD (certificate of deposit) in a Roth IRA at a federal credit union which matures on 3/25/15 ( 15K, rate is 0.399400%). Does it make sense to move the money over to my Vanguard Roth IRA (funded via the back door roth )? Thank you.
- Tue Nov 25, 2014 8:02 am
- Forum: Personal Finance (Not Investing)
- Topic: Homeowner's Insurance
- Replies: 10
- Views: 1172
Homeowner's Insurance
If one built a custom home and wants to purchase a homeowner's insurance, should you include the total cost of the materials to build the structure and add the architect/builder's fee/furniture etc to estimate the cost to replace the structure? Thanks in advance.
- Sun Oct 12, 2014 6:24 pm
- Forum: Personal Investments
- Topic: TSP Funds, Lifeycle Funds
- Replies: 4
- Views: 643
Re: TSP Funds, Lifeycle Funds
She has about 3K in a fidelity money market account in an IRA from previous employee. Thank you.
- Sun Oct 12, 2014 6:12 pm
- Forum: Personal Investments
- Topic: TSP Funds, Lifeycle Funds
- Replies: 4
- Views: 643
TSP Funds, Lifeycle Funds
Please help with TSP funds for a friend: 35 years old, single, 28% tax bracket, assume retirement at age 65, began work for the fed this month. Retirement options: TSP funds (G, F, C, S, I funds, lifecycle). https://www.tsp.gov/investmentfunds/lfundsheet/fundPerformance_L.shtml Questions: 1. The tra...
- Sun Jul 13, 2014 12:54 pm
- Forum: Investing - Theory, News & General
- Topic: Hardship Withdrawal From 401K/Profit Sharing
- Replies: 12
- Views: 2248
Re: Hardship Withdrawal From 401K/Profit Sharing
This plan doesn't allow for loans.placeholder wrote:My plan requires exhausting other funds in the account before hardship so employer match or after tax would need to be withdrawn first (not sure if that's a plan feature or the law).
- Sat Jul 12, 2014 5:50 pm
- Forum: Investing - Theory, News & General
- Topic: Hardship Withdrawal From 401K/Profit Sharing
- Replies: 12
- Views: 2248
Re: Hardship Withdrawal From 401K/Profit Sharing
I agree a loan is better if it's feasible. Part of hardship requirements is to consider a possible loan first, unless doing so increases the hardship. I've never heard of a plan requiring a 6 month suspension of elective deferrals following a loan, but it's a requirement following a hardship distri...
- Thu Jul 10, 2014 10:55 pm
- Forum: Investing - Theory, News & General
- Topic: Hardship Withdrawal From 401K/Profit Sharing
- Replies: 12
- Views: 2248
Hardship Withdrawal From 401K/Profit Sharing
An colleague wants to withdrawal from his pretax deferrals in a 401k plan. The plan requires at least 1000 hours a year to move up on the vesting ladder. The plan states "if you take a hardship distribution, you may not contribute to the plan or other qualifying company plans for 6 months". Does the...
- Fri Jul 04, 2014 11:58 am
- Forum: Personal Investments
- Topic: Converting a Traditional IRA to Roth IRA
- Replies: 2
- Views: 647
Converting a Traditional IRA to Roth IRA
My sibling just completed graduate school and has 2 traditional IRAs under the money market account with Fidelity with less than 5K total. He will begin working next month with a pay that will qualify him to contribute to a Roth IRA. He will like to move the money into a Lifestrategy growth fund wit...
- Thu Jan 23, 2014 1:38 pm
- Forum: Personal Finance (Not Investing)
- Topic: Please Help with Estate Planning
- Replies: 10
- Views: 1263
Re: Please Help with Estate Planning
...if you have no heirs you may not need a living trust. ... It's often the opposite. I missed that. Your heirs (the persons who would inherit absent a Will) may be interested parties, so you may have to establish the absence of any heirs. If your closest relatives are your cousins, it can sometime...
- Thu Jan 23, 2014 1:36 pm
- Forum: Personal Finance (Not Investing)
- Topic: Please Help with Estate Planning
- Replies: 10
- Views: 1263
Re: Please Help with Estate Planning
We have retirement accounts, a home that's paid off and a family LLC for taxable accounts. We have no heirs and no debts. Tax bracket is a little over 39%. Retirement in 20-25 years. Do we need a trust? Other asset protection plans? Thanks for your time. I think we'd like to hear about the benefits...
- Thu Jan 23, 2014 3:21 am
- Forum: Personal Finance (Not Investing)
- Topic: Please Help with Estate Planning
- Replies: 10
- Views: 1263
Re: Please Help with Estate Planning
I posted the general question because a friend sent me this link from suze orman which implies that everyone needs a revocable living trust. http://www.bankrate.com/brm/news/Financ ... ?caret=73a
- Wed Jan 22, 2014 3:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: Please Help with Estate Planning
- Replies: 10
- Views: 1263
Please Help with Estate Planning
We have retirement accounts, a home that's paid off and a family LLC for taxable accounts. We have no heirs and no debts. Tax bracket is a little over 39%. Retirement in 20-25 years. Do we need a trust? Other asset protection plans? Thanks for your time.
- Sat Nov 16, 2013 9:24 pm
- Forum: Personal Investments
- Topic: Suze Orman AND Individual Municipal Bonds
- Replies: 10
- Views: 13040
Suze Orman AND Individual Municipal Bonds
Suze Orman said on her show today to buy individual municipal bonds (not bond funds) through a good advisor as rates are around 5%. How does one pick a "good advisor" in this case? Someone on the show had an additional 100K to invest after her retirement account/debt were fulfilled. Please educate m...
- Sun Nov 03, 2013 9:28 am
- Forum: Personal Investments
- Topic: Investment Choices for Kids
- Replies: 5
- Views: 727
Re: Investment Choices for Kids
Some of the parents already have a 529 set up already which I will contribute, the others are financially unable to set up this account. I'm looking for long term other choices they can you if needed towards college expenses. From a financial aid perspective, it might be better to set up new accoun...
- Sun Nov 03, 2013 8:13 am
- Forum: Personal Investments
- Topic: Investment Choices for Kids
- Replies: 5
- Views: 727
Investment Choices for Kids
For the upcoming holidays, I would like to contribute to an established 529 plan for nieces/nephews (10 kids, ages 2-10, $100 each) instead of the usual toys. Some of the parents already have a 529 set up already which I will contribute, the others are financially unable to set up this account. I'm ...
- Sat Sep 21, 2013 3:30 pm
- Forum: Personal Investments
- Topic: Roth 401K Option
- Replies: 10
- Views: 1120
Re: Roth 401K Option
6) I disagree with your choice of Asset Location. Read this easy to understand paper http://papers.ssrn.com/sol3/papers.cfm? ... id=2317970[/quote]
May you please expand on this? I read the article, but need help understanding which asset locations will be more suitable in my case. Thanks.
May you please expand on this? I read the article, but need help understanding which asset locations will be more suitable in my case. Thanks.
- Sat Sep 21, 2013 12:53 pm
- Forum: Personal Investments
- Topic: Roth 401K Option
- Replies: 10
- Views: 1120
Re: Roth 401K Option
At that tax rate I would stick with the Traditional 401K so you get the current year tax savings. $17,500 x 2 = $35,000 $35,000 x (0.396 + 0.055) = $15,785 less tax paid per year, more than $300K in tax savings over the next 20 years. This is a sure thing that does not require speculation about you...
- Sat Sep 21, 2013 11:37 am
- Forum: Personal Investments
- Topic: Roth 401K Option
- Replies: 10
- Views: 1120
Roth 401K Option
Our retirement plan has an option for a Roth 401K. Would this make sense for me to consider? Have over 20 years before retirement. Tax bracket 39.6% (fed) 5.5% (state). No debt. Asset allocation: 70% stocks/30% bonds. Also, is a back door roth IRA part of the equation here? Thanks in advance for you...