Search found 2133 matches

by niceguy7376
Fri Nov 16, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 242
Views: 15695

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I read through all the posts but I havent noticed anyone posting scenario that I have. We had family HSA for the last 5 years and I opened HSABank account at that time. We had insurance on our own and Humana recommended them. Since I didnt keep whatever required cash at HSABank and invested it in TD...
by niceguy7376
Wed Nov 14, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: HSA question
Replies: 6
Views: 721

Re: HSA question

I usually got a list from the pharmacy at the end of the year, filed it for documentation, and just made a transfer from my HSA to my bank account. I havent asked this at our pharmacies till now. This makes it a lot easy to keep track of documents (for all 4 family members) for HSA reimbursement. N...
by niceguy7376
Wed Nov 14, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: 401(k) (like) options during garden leave (non-competition period)
Replies: 7
Views: 558

Re: 401(k) (like) options during garden leave (non-competition period)

OP,
Would that salary be considered Income so that you can contribute to a IRA?
by niceguy7376
Wed Nov 14, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Contribute to Roth IRA now or tIRA later (to save tax)?
Replies: 20
Views: 1219

Re: Contribute to Roth IRA now or tIRA later (to save tax)?

You 2 have 401ks You are contributing the max (37K) You might be in phase out for trad IRA - means your MAGI is 101k to 121K. I would definitely put it into Roth IRA (eligible upto 189K) so that i have two buckets of accounts for retirement. Also, roth can be used as EF after 5 years of opening. In ...
by niceguy7376
Wed Nov 14, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Garmins & Fitbits: Worth it for non-athletes?
Replies: 41
Views: 2230

Re: Garmins & Fitbits: Worth it for non-athletes?

We were with HUmana ins through employer for a long time. They introduced Go365 feature on some of their employer plans since 2017. We didnt notice that (small company and they emailed us about the features but we didnt notice it last year) this year. If we have any of the selected devices on their ...
by niceguy7376
Wed Nov 14, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Anyone have a bad experience with HDHP?
Replies: 41
Views: 3534

Re: Anyone have a bad experience with HDHP?

We (family of 4 with two kids less than 10) have been on HSA plans for last 5 years (because those premiums were the only affordable ones compared to PPO). Apart from the initial sticker shock of paying $95 for each doctors visit (our PC and Pediatric doctors now charge the full price when we visit ...
by niceguy7376
Tue Nov 13, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Small business (5 employees) 401k - cheapest options
Replies: 14
Views: 962

Re: Small business (5 employees) 401k - cheapest options

I concur with Spirit Rider. SEP IRA is good if you DONT have employees at all. You need to pay the same % to all employees based on their salary. If owner makes a lot more than employees, then either the owner gets a lot less or you pay a lot more to all other employees. SIMPLE IRA is recommended if...
by niceguy7376
Mon Nov 12, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Small business (5 employees) 401k - cheapest options
Replies: 14
Views: 962

Re: Small business (5 employees) 401k - cheapest options

OP,
Who does your payroll?
Look at guideline for small business 401k.

if you do payroll with Gusto, then the 401k option costs $8/month per participant with $40 minimum with a $500 setup and both payroll and 401k is integrated.
by niceguy7376
Sat Nov 10, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Workers compensation policy -- how to source (as employer)
Replies: 6
Views: 490

Re: Workers compensation policy -- how to source (as employer)

If your parents are going to have the helpers as employees, how do they plan on doing the payroll? Some online payroll providers will have agreements with insurance companies to do workers comp based on payroll run and do the deposits. Outside of that, there will be some commercial insurance agents ...
by niceguy7376
Fri Nov 09, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: need help on picking SEP-IRA funds (fidelity)
Replies: 10
Views: 478

Re: need help on picking SEP-IRA funds (fidelity)

Why dont you go Solo 401k instead of SEP? That way you can even do backdoor Roth if you currently dont have trad IRAs or SEP /SIMPLE IRA accounts
by niceguy7376
Fri Nov 09, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA and/or Solo 401K
Replies: 9
Views: 340

Re: Traditional IRA and/or Solo 401K

High income. So what does this mean? So till last year, since there was no retirement plan at work (his own company), trad IRA was all deductible If now he starts a solo 401k, then the deductible part of IRA has limits. https://www.irs.gov/retirement-plans/ira-deduction-limits He needs to be aware ...
by niceguy7376
Fri Nov 09, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA and/or Solo 401K
Replies: 9
Views: 340

Re: Traditional IRA and/or Solo 401K

What is (and was) the revenue for the S Corp and his salary this year (and prev years)?

Based on his salary, the ability to contribute to DEDUCTIBLE trad ira comes into picture.
by niceguy7376
Wed Nov 07, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fees in Fidelity Solo 401k
Replies: 6
Views: 499

Re: Fees in Fidelity Solo 401k

For OP question, I only invest in Fido index funds and thus dont have any fees.

For other question, i have only been sending check by mail or dropping by the local office depending on my convenience.
by niceguy7376
Wed Nov 07, 2018 1:10 pm
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 66
Views: 6552

Re: Best deals to buy iphones

Don't know if I'm missing the joke as a non-American, but isn't roaming related to out of country usage only? Don't carriers all provide national coverage? They provide coverage across the nation but do have some spots (due to the vast size of the country) where they wont have coverage. in those ar...
by niceguy7376
Sun Nov 04, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: J1 Final Year Residents - Brokerage Options
Replies: 3
Views: 216

Re: J1 Final Year Residents - Brokerage Options

Thanks HueyLD.

Any idea of what those might be? Would the online saving accounts like Ally also have limitations?
by niceguy7376
Sun Nov 04, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: J1 Final Year Residents - Brokerage Options
Replies: 3
Views: 216

J1 Final Year Residents - Brokerage Options

I am assuming that I am posting in the correct forum (Personal Finance). I am asking on behalf of two final year residents that approached me. They are now thinking of starting investments before they complete residency next summer. Both are on J1 visas currently. What brokerage companies (Fido/VG e...
by niceguy7376
Sat Nov 03, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: HealthCare 2019 - No ACA Subsidy
Replies: 55
Views: 3937

Re: HealthCare 2019 - No ACA Subsidy

Do I need to provide my SSN and Address to get quotes at healthinsurance.gov?
I am in Georgia. What are the options / websites to look at to get quotes based on age and zip code.
by niceguy7376
Fri Nov 02, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: Florida transportation between coasts
Replies: 17
Views: 1183

Re: Florida transportation between coasts

This wouldnt work for OP but there is another bus service https://us.megabus.com/ that is much better than greyhound
by niceguy7376
Tue Oct 30, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: USPS - Informed delivery - complain on missing items?
Replies: 53
Views: 3238

Re: USPS - Informed delivery - complain on missing items?

Check with your neighbors to see if they received them.
It has happened on our street very frequently.
by niceguy7376
Sat Oct 27, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: oh no.. another account HSA
Replies: 6
Views: 794

Re: oh no.. another account HSA

Are you both on two different Insurance plans and hence the need for HSA for each of you? In general, we dont have control of who administers the 401k and HSAs but you can control / consolidate the 529s (never considered as part of parents asset allocation), IRAs and brokerage accounts. As for how t...
by niceguy7376
Sat Oct 27, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: First time home buyer ... help ! [with mortgage choices]
Replies: 15
Views: 1508

Re: First time home buyer ... help !

thank you guys ..... I am leaning towards 20 yr fixed rate at 4.25 % If you could afford the payment and the lock covers the higher range of 6 months, it is a good rate. What do you need to pay to lock that rate? I personally waited until the closing date is 3 months or less before i started lookin...
by niceguy7376
Fri Oct 26, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Can an HSA help her with Breast Cancer?
Replies: 10
Views: 613

Re: Can an HSA help her with Breast Cancer?

Having high deductible plan doesnt always mean that they are HSA eligibles. They need to check with employer if that plan is a HSA eligible or not. If it is HSA eligible, then the husband should divert the contributions to HSA from the payroll so that they can save on the SS and medicare taxes. I am...
by niceguy7376
Tue Oct 23, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Car lease is up: buy it or get a new lease?
Replies: 46
Views: 3891

Re: Car lease is up: buy it or get a new lease?

OP,
Do you have umbrella insurance since you have significant assets?

If you do, did you check if they will provide the same coverage if you cancel collission and comprehensive?
by niceguy7376
Tue Oct 23, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: HSA question
Replies: 20
Views: 933

Re: HSA question

OP, I would love to get a job at your employer for those premiums. As for the decision, consider what it would cost for you as a grand total for having her on your plan. This should include extra premiums, assumed cost of doctor visits for her over a year plus any medicines (difference in amounts be...
by niceguy7376
Fri Oct 19, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 188
Views: 16834

Re: Where would you go for financial guidance if you win the Megamillions?

I was always intruiged by how i can help my family and friends IF i win the lottery. So here are some of the questions I had. If I have a couple of brothers and sisters here in USA that I want to share the winnings in a % basis (40% to me and remaining split among them), how can we achieve this? Thi...
by niceguy7376
Wed Oct 17, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: HSA-like vehicle for self-employed without high deductible plan?
Replies: 3
Views: 526

Re: HSA-like vehicle for self-employed without high deductible plan?

HSA is based on Health Insurance plan that you have. You need to provide more info about your job and what pre tax contributions you do before anyone can provide inputs. Every option that a self employed has is mostly available for regular employed as well and you cannot double dip in both categorie...
by niceguy7376
Mon Oct 15, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance coverage and cost
Replies: 4
Views: 390

Re: Umbrella insurance coverage and cost

I frankly dont know the details of what is covered and not covered and how it differs from one company to another (providers).
I had two tickets 2 years back (u turn in middle of road and following closely on "keep moving" right turn) and hence i pay $500 for 2 Mil coverage.
by niceguy7376
Mon Oct 15, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend lost job, getting a lump sum severance... What should we do next
Replies: 36
Views: 3149

Re: Girlfriend lost job, getting a lump sum severance... What should we do next

Let us concentrate on the OP's job loss related questions.
OP already had a separate topic on wedding costs and it went long and hard on him. Give him a break on that topic.
by niceguy7376
Sun Oct 14, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: secure land for donation for county park
Replies: 17
Views: 1584

Re: secure land for donation for county park

The price he is asking is low if a builder can put a house on it. It is priced high if it is undevelopable. He said he would be accepting bids on the land. I have no knowledge on the topic. Appreciate you for doing something to the general public in using a natural place. I did not understand why t...
by niceguy7376
Fri Oct 12, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401(k) and tIRA with low earned income
Replies: 4
Views: 288

Re: solo 401(k) and tIRA with low earned income

Limits depend on total income (W2 + Self Employed)
by niceguy7376
Thu Oct 11, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: What to do with Bose cube speakers left in rec room
Replies: 17
Views: 1867

Re: What to do with Bose cube speakers left in rec room

I had the same type of speakers (and sub woofer) that is currently 20 year old, handed down to me by my brother 10 years back. I connected them to my denon receiver and route all the sounds from satellite, tv, pc, dvd player and apple play into them. So if you have a sub woofer, you could definitely...
by niceguy7376
Tue Oct 09, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Automatic conversion of time sheet to paycheck
Replies: 1
Views: 200

Re: Automatic conversion of time sheet to paycheck

Some of the payroll providers might offer that convenience where employees will enter the hours into the timesheets that they provide and that might be brought into the payroll screens.
We have NOT used the timesheets but are using gusto for payroll.
by niceguy7376
Tue Oct 09, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Revisiting my Porfolio after 5 years - Need inputs/suggestions
Replies: 9
Views: 1184

Re: Revisiting my Porfolio after 5 years - Need inputs/suggestions

Thanks for the input. The reason I have so many funds in HSA was that I lost sight of simplicity and buying one ETF fund each year. The reason I have similar funds in most accounts was that I was trying to make sure that my accounts (excluding brokerage which is joint owned) have a bit more amount t...
by niceguy7376
Tue Oct 09, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Kirkland (Costco) Razor
Replies: 31
Views: 3182

Re: Kirkland (Costco) Razor

I used double edged razors but I need to be very attentive or else will have cuts. I stopped using them due to this. I still do have many blades. i have since went to wilkinson and/or gillette mach 3 on sale. I did see the kirkland razor. Might need to try that out if they cost less than mach 3. I h...
by niceguy7376
Tue Oct 09, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 295
Views: 19131

Re: Talk me out of buying a Tesla Model 3

No way would I buy a Model 3 in your financial situation. You are saving well and right on track where you need to be. You have a decent salary but $75k is very expensive. Just curious as to what the salary of OP should be(assuming the current assets already saved is as is) for you to give green si...
by niceguy7376
Tue Oct 09, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Revisiting my Porfolio after 5 years - Need inputs/suggestions
Replies: 9
Views: 1184

Re: Revisiting my Porfolio after 5 years - Need inputs/suggestions

You have very little in taxable account so I would go one step farther and use target date funds so you only have one fund in each account. At Fidelity their target date funds are a bit expensive so be sure to use the index version of their target date funds. It would be good to check the details b...
by niceguy7376
Tue Oct 09, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4966

Re: You know you’re a Boglehead when. . .

Good for you that the outsourcing is to a domestic company. I was just chatting with a long time acquaintance whose employer (he is not affected) will be outsourcing some IT functions to India. Some IT folks there will lose their jobs. Did OP mention that they outsourced to a domestic company? Even...
by niceguy7376
Tue Oct 09, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 295
Views: 19131

Re: Talk me out of buying a Tesla Model 3

OP, If I were in your situation, I would buy it. Comparing Tesla 3 to Leaf (both are electric) is similar to comparing corolla to BMW 3 series (both use gas). As for long range 3 to performance, I personally would go with long range only. I cannot get the performance acceleration until I go to track...
by niceguy7376
Mon Oct 08, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Revisiting my Porfolio after 5 years - Need inputs/suggestions
Replies: 9
Views: 1184

Revisiting my Porfolio after 5 years - Need inputs/suggestions

Hi, I have been a poster for more than 5 years. Revisiting my portfolio after nearly 5 years since I joined. I prefer simplicity and equivalent of 3 fund portfolio (Intl bonds was just the play money at that time). Emergency funds: $20K in credit union and Bofa First Kid 529 Plan:$24K Second Kid 529...
by niceguy7376
Wed Oct 03, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Help me get out of my mess (AHumanInterest edition)
Replies: 24
Views: 3123

Re: Help me get out of my mess (AHumanInterest edition)

Brokerage account will allow you to contribute to a trad ira even if it is NOT deductible. It is upto you to decide if you want to contribute to a NON DEDUCTIBLE Trad IRA or a brokerage account.
by niceguy7376
Wed Oct 03, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Help me get out of my mess (AHumanInterest edition)
Replies: 24
Views: 3123

Re: Help me get out of my mess (AHumanInterest edition)

I am curious as to which IRA you contributed this year. Based on your income, i am assuming that you are NOT eligible for deductible trad IRA or Roth IRA. Since you have an existing trad IRA, you would not benefit from backdoor ROTH.

Also what is exactly "ROTH BONUS/COMMISSION" in your 401k?
by niceguy7376
Tue Oct 02, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Feeling wobbly
Replies: 14
Views: 1478

Re: Feeling wobbly

Jeresoph wrote:
Tue Oct 02, 2018 9:14 am
However one of his suggestions was that we should increase out the stock allocation to 70% and instead of relying on just 2 funds (VTI and VXUS) we increase out funds by adding 3 more funds: VIOV, VOE, VTV.
What are the final % of all the 6 funds that the individual suggested?
by niceguy7376
Mon Oct 01, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: New immigrant with complicated situation
Replies: 24
Views: 2752

Re: New immigrant with complicated situation

Sorry about your situation. Why do you not shift to a LCOL and rent ? You can get an insurance in the open market. I am pondering - Why would you immigrate at retirement age leaving your country where you have been so successful? You could have lived a life of a very wealthy man. 1.5M may not be en...
by niceguy7376
Mon Oct 01, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Cut back on 401k contribution to build HSA?
Replies: 11
Views: 839

Re: Cut back on 401k contribution to build HSA?

Both your and your employer contributions count towards the HSA max (unlike 401k where the max is only for the employee and employer contribution is a bonus). So if your employer is paying 2k towards the HSA, you can contribute the balance out of the yearly max. I dont know if you are talking about ...
by niceguy7376
Fri Sep 21, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Converting solo 401k and SEP IRA to 401k with loans and/or early withdrawal
Replies: 5
Views: 265

Re: Converting solo 401k and SEP IRA to 401k with loans and/or early withdrawal

If I understand correctly, you currently do NOT have a job and are looking for self employed job. You have a debt of 50k at 25% Interest. You want to transfer your current solo 401k and SEP IRA to a new provider of individual 401k plans and then immediately withdraw the money even before you contrib...
by niceguy7376
Thu Sep 20, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Painting kitchen cabinet
Replies: 23
Views: 1388

Re: Painting kitchen cabinet

Kits are available at home improvement stores for this kind of activity.
It is time consuming for sure and hence the high quotes. Material cost would be less than 5% of quote.

Sanding cabinet doors would depend on the design of the door and if you could use a machine instead of hand sand paper.
by niceguy7376
Wed Sep 19, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Any consultants out there who do work in CA from out-of-state?
Replies: 1
Views: 264

Re: Any consultants out there who do work in CA from out-of-state?

If your company places an employee at a CA client site, then your company needs to register in CA and at end of year file a yearly return with a min 1k fee (to Franchise Board).

Accordingly, you need to have Company Insurance for the CA location.
by niceguy7376
Mon Sep 17, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Overnight near Atlanta?
Replies: 30
Views: 1657

Re: Overnight near Atlanta?

Next year trip on a weekend night in Atlanta - You should be ok unless you are doing the drive during superbowl weekend (it is in atlanta). As for hotels, every other exit from around Dalton (one hr north) to Macon (1 hr south ) will have hotel rooms available. You can either go with the flow or mak...
by niceguy7376
Mon Sep 17, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Cheap Flights
Replies: 23
Views: 2328

Re: Cheap Flights

Check the websites of the airports of your start and end locations to find which airlines fly there.
There are several airlines that might not come up on third party sites.
Examples would be Southwest, Spirit, Frontier, Allegiant Air etc.
by niceguy7376
Mon Sep 17, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4883

Re: Dilemma: Add room to current house or buy new house?

OP here. The new room will be a sunroom. Basically we have a massive deck adjoining our kitchen. We will cut it in half and put a room there in parallel to the kitchen (opens up kitchen and dining area). The new room will definitely make her happy because currently the kitchen/dining area is crampe...