Search found 8398 matches

by sport
Tue Nov 12, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: Question on refilling prescriptions
Replies: 41
Views: 2198

Re: Question on refilling prescriptions

Has anyone been successful in bringing your own prescription meds to the hospital OR having a friend/relative bring them? I have had similar problems with Rx's at the hospital. However, for one med, the hospital did not have it on hand and they asked that we bring it from home. In the future, I wou...
by sport
Sun Nov 10, 2019 5:37 pm
Forum: Personal Investments
Topic: Money Market Fund in IRA for RMD
Replies: 15
Views: 909

Re: Money Market Fund in IRA for RMD

I keep a MM fund in my IRA for writing checks for QCD donations. I keep a limited amount in that fund so my exposure to check fraud or errors is minimized. I just have to make sure there is a sufficient balance in that fund to cover any check I write. I could have Vanguard write the check and send i...
by sport
Sun Nov 10, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: [Medicare & IRMAA]
Replies: 8
Views: 916

Re: [Medicare & IRMAA]

....................... Regarding IMRAA, I know from this forum non-taxable dividends are adding back to the AGI. ................... Do you mean tax-exempt interest? Municipal bond funds distribute tax exempt dividends. Although the money comes from the interest paid by the fund's holdings, the fu...
by sport
Sat Nov 09, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: [Medicare & IRMAA]
Replies: 8
Views: 916

Re: [Medicare & IRMAA]

All "deductions" are calculated after and not included in the MAGI number. However, once you reach the age of 70.5 you will be eligible for Qualified Charitable Distributions (QCDs). These will reduce your MAGI and can help with IMRAA limits.
by sport
Sat Nov 09, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 38
Views: 2819

Re: Basic Medicare Part B 2020 Premium $144.30 ??

[Deleted -- mod oldcomputerguy] Medicare advantage is not heavily marketed, it is relentlessly marketed. That can only be good for industry, not me. The podcast below is (as someone else wrote) extraordinary. It is a much broader discussion than just medicare advantage (discussed at the top). Liste...
by sport
Sat Nov 09, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: Should I replace my HVAC system or get home warranty plan?
Replies: 17
Views: 859

Re: Should I replace my HVAC system or get home warranty plan?

It's a similar story with my water heater which is 8 years old. The plumber said the thermal expansion tank is holding more water than is ideal causing the system to run at high pressure. Replacing this system entirely could cost $1500. Why not just replace the expansion tank. That would be a lot l...
by sport
Sat Nov 09, 2019 11:51 am
Forum: Personal Investments
Topic: Vanguard asking for personal financial information
Replies: 16
Views: 1599

Re: Vanguard asking for personal financial information

When answering such questions, how does one define "income"? Is it taxable income? What about tax free income? What about growth in a taxable account? In a TIRA? In Roth IRA? What does your tax form say? If I apply for a card in my name only, and the tax form is MFJ, then I have to allocate that in...
by sport
Sat Nov 09, 2019 10:52 am
Forum: Personal Investments
Topic: Vanguard asking for personal financial information
Replies: 16
Views: 1599

Re: Vanguard asking for personal financial information

When answering such questions, how does one define "income"? Is it taxable income? What about tax free income? What about growth in a taxable account? In a TIRA? In Roth IRA?
by sport
Sat Nov 09, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: shocking hospital fee estimate
Replies: 45
Views: 3944

Re: shocking hospital fee estimate

OP, the OOP maximum of $3000 is probably for the calendar year 2019. So, having the procedure this year will use up your OOP, but starting in January, you will have another $3000 OOP for treatment in 2020. If there is no medical problem in delaying the surgery until January, you will have met the OO...
by sport
Fri Nov 08, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 117
Views: 9539

Re: Seller's agent not letting us use a buyer's agent

I would have my agent present my offer directly to the homeowner. Let their agent explain to them why they cannot accept it.
by sport
Fri Nov 08, 2019 3:25 pm
Forum: Personal Investments
Topic: is VINIX better than VTSAX ?
Replies: 13
Views: 1191

Re: is VINIX better than VTSAX ?

Comparing funds over different time periods makes a lot of difference. Apples and oranges.
VINIX has a minimum purchase of $5,000,000. If you are still interested in this fund, congratulations on your success. :beer
by sport
Fri Nov 08, 2019 2:49 pm
Forum: Personal Investments
Topic: Inherited trust taxes
Replies: 4
Views: 374

Re: Inherited trust taxes

Can you choose to take the trust income as a distribution each year? In other words, does the trust allow you to take it? A related question: If someone is both the beneficiary of the trust and the trustee, would there be a problem if they took income distributions even if the trust did not allow i...
by sport
Fri Nov 08, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3237

Re: Question for Car experts - how urgent/important are these maintenance items

Swansea wrote:
Fri Nov 08, 2019 2:37 pm
Coolant, as with brake fluid and engine oil, deteriorates with age. I replace mine every 3 years.
You can always go on a Toyota forum to see what others have done.
You can also take a look at your owner's manual for maintenance recommendations/requirements.
by sport
Fri Nov 08, 2019 2:40 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 264
Views: 16419

Re: Customer Service with Vanguard

I am not accusing anyone of anything. However, whenever I read really bad reviews of a company, I wonder if any of them have been placed by the competitors of that company. There is no verification nor accountability for any of these reviews. :twisted:
by sport
Fri Nov 08, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3237

Re: Question for Car experts - how urgent/important are these maintenance items

Bankroll wrote:
Fri Nov 08, 2019 2:11 pm
Try and find a quality independent repair shop that knows Toyota, and make that your goto shop.
This is a very good suggestion. Your dealer is not only very high-priced, but they are not trustworthy. If you were in my area, I would be glad to recommend the independent Toyota specialist I use.
by sport
Fri Nov 08, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Saving for a new vehicle
Replies: 29
Views: 2486

Re: Saving for a new vehicle

I have a somewhat different perspective. You may have a plan on when you will purchase your next car. However, your present car is always in danger of being stolen or wrecked. Since these events are not predictable, they can happen at any time. Should that occur, your insurance will pay you the valu...
by sport
Thu Nov 07, 2019 9:35 pm
Forum: Personal Consumer Issues
Topic: Question on refilling prescriptions
Replies: 41
Views: 2198

Re: Question on refilling prescriptions

Let's discuss how Rx billing works. If you are billing through a prescription insurance, it is very unlikely that the price will be different from one pharmacy to another. My insurance has three categories for pharmacies: 1. In network, preferred. 2. In network, not preferred. 3. Out of network. I ...
by sport
Thu Nov 07, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

I have retired family that keep the RMD process simple and take 100% of the RMD at the start of the new year. This simplicity has worked well. This method prevents taking full advantage of QCDs. Now, if they do not give anything to charities, then it doesn't matter so much. QCDs are a wonderful tax...
by sport
Thu Nov 07, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

Artsdoctor wrote:
Thu Nov 07, 2019 7:01 pm
Once you reach the YEAR that you turn 70-1/2, the first money out of the account counts as an RMD. You can't first convert to a Roth and then take your RMD later that year.
Well, at least one person agrees with me. :sharebeer
by sport
Thu Nov 07, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

No. IRS rule is that you must satisfy your RMD before converting to a Roth in a given calendar year. You can distribute your RMD into a taxable account in January, then do a Roth conversion, and take monthly withdrawals from the taxable account. Can you refer me to the exact IRS rule on that, for m...
by sport
Thu Nov 07, 2019 3:38 pm
Forum: Personal Investments
Topic: Short-Term Investment
Replies: 10
Views: 648

Re: Short-Term Investment

There is no reason to expect real estate to perform the next 5 years the way it performed the last 5 years. The only way you can get 5% to 7% is by taking risk. This fund would not be suitable for short term investing. The fund has high fees in addition to what you pay this "advisor". Since you are ...
by sport
Thu Nov 07, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

No. IRS rule is that you must satisfy your RMD before converting to a Roth in a given calendar year. You can distribute your RMD into a taxable account in January, then do a Roth conversion, and take monthly withdrawals from the taxable account. Can you refer me to the exact IRS rule on that, for m...
by sport
Thu Nov 07, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

In 3 years I will have RMD. Right now I have 800 a week sent to me from my IRA. Will I really need to do anything different? Do I need to let Van or IRS know that It is a RMD. When it is time for your RMDs, you will need to calculate (or let Vanguard do it) the amount of your RMD. It is based on th...
by sport
Wed Nov 06, 2019 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage plans
Replies: 4
Views: 475

Re: Medicare Advantage plans

I have an MA plan. I pay a premium to the insurance company in addition to the Medicare Part B premium I pay to uncle Sam. The premium is somewhat high, but it includes Part D and I have low co-pays and deductibles.
by sport
Wed Nov 06, 2019 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

Scenario 1: On Jan 1, took RMD on $1M balance. RMD = $1M/22 = $45,455. Scenario 2: Waited until 12/31 to take RMD. $1M balance gains 6% = $1,060,000. Take RMD $1,060,000/22 = $48,182 The RMD is the same, $45,455 regardless of when in the year it is taken. The divisor is applied to the previous 12/3...
by sport
Wed Nov 06, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

No one actually answered my question about how to identify the the month with the highest average DJIA value over all past years, or over a specified range of past years. Although no month can be assured as the best for market timing, I am sure my question would lead to one specific month over all ...
by sport
Wed Nov 06, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

It's the same reason you would not generally take the next 5 yr's worth of RMD's this year, even if that wouldn't push you into a higher tax bracket this year. This is not allowed, even if you want to. RMDs must be taken each year. Of course you can always withdraw more than the RMD in any year, bu...
by sport
Wed Nov 06, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

I thought the first RMD had to be done in the year that you turn 70.5 ... I think it has to be done the year after the year in which you turn 70.5. But if you wait until that year, you have to take two RMDs. Probably wiser to take the first RMD in the year you turn 70.5. The first year RMD must be ...
by sport
Wed Nov 06, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4537

Re: Best month to take RMDs?

Taking the RMD and selling equities are not the same thing. You can move IRA holdings from equities to bonds (or even a money market fund) within the IRA any time you wish. When you take the RMD is independent of this. I make my charitable QCD distributions through out the year. I then take the rema...
by sport
Mon Nov 04, 2019 4:20 pm
Forum: Personal Investments
Topic: Understanding returns for Vanguard bond
Replies: 2
Views: 235

Re: Understanding returns for Vanguard bond

The short answer is that when interest rates go down, the value of your bond shares goes up. The longer the duration of the fund, the greater the effect. Add the dividends to that and you get total return. Keep in mind that it also works the other way when interest rates go up.
by sport
Sat Nov 02, 2019 4:28 pm
Forum: Personal Investments
Topic: Principal fees ridiculous!
Replies: 32
Views: 3139

Re: Principal fees ridiculous!

My daughter who is a newly minted registered nurse started her first job. The 403B provider is Principal. They charge a crazy .76 to administer the 403B and the default investment option for her is a target date fund that charges an unbelievable 1.0% management fee! The only non-principal funds ava...
by sport
Fri Nov 01, 2019 10:24 am
Forum: Investing - Theory, News & General
Topic: Transitioning my Account ~ Not Mandatory
Replies: 61
Views: 5105

Re: Transitioning my Account ~ Not Mandatory

DW and I have not received any of these reminders, neither by email nor on the web site. I suspect the reason for this is that we have distributions for some funds directed into other funds. Since this capability is not available in the brokerage format, Vanguard seems to be leaving us alone on this...
by sport
Thu Oct 31, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Transitioning my Account ~ Not Mandatory
Replies: 61
Views: 5105

Re: Transitioning my Account ~ Not Mandatory

If they are retiring their old platform, then it would have to be mandatory. Depends what it means to retire the platform. Maybe back to snail mail transactions? I figure it means to shut the old platform down completely after all the accounts on the platform had been transitioned or closed. Well, ...
by sport
Thu Oct 31, 2019 1:40 pm
Forum: Personal Investments
Topic: What to do with RMDs?
Replies: 21
Views: 2288

Re: What to do with RMDs?

They should use QCDs (Qualified Charitable Distributions) for their donations. These will reduce their income taxes.
by sport
Wed Oct 30, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Automatic ACH Bank Transfers
Replies: 11
Views: 1078

Re: Automatic ACH Bank Transfers

Perhaps you can do this with bill-pay on a checking account.
by sport
Wed Oct 30, 2019 2:17 pm
Forum: Personal Investments
Topic: RMD Question from Inherited Roth
Replies: 10
Views: 730

Re: RMD Question from Inherited Roth

Unless those are specific investments you want to keep, I would sell all of them and invest in what I want to hold. Then take the RMD from that holding.
by sport
Tue Oct 29, 2019 5:09 pm
Forum: Personal Investments
Topic: Sell CD and invest in bond fund, or stick with CD?
Replies: 20
Views: 2177

Re: Sell CD and invest in bond fund, or stick with CD?

I believe the mistake you are making is to think the last 10 year average return of the bond fund will be representative of the next 10 years. The last 10 years was a period of falling interest rates with the resultant increase in the value of bond fund shares. It is most unlikely that rates will de...
by sport
Tue Oct 29, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Furnace air filters
Replies: 37
Views: 2895

Re: Furnace air filters

+1 Also, high restriction filters can cause the heat sensors in the units to trip repeatedly and/or burn out. Get the filters appropriate for the system you have is good advice. One time I had a temporary problem with an airborne allergen in the house. I put in a high restriction filter and ran the...
by sport
Tue Oct 29, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: New Computer with or without SSD?
Replies: 78
Views: 4298

Re: New Computer with or without SSD?

The computer I plan to buy has both a HD and an SSD. IIRC, the HD is 1T and the SSD is 128G. It has an i5 processor. 12G RAM.
by sport
Tue Oct 29, 2019 10:26 am
Forum: Personal Investments
Topic: rebalancing annually with taxable account
Replies: 14
Views: 692

Re: rebalancing annually with taxable account

I let my distributions accumulate for a year, and then reinvest that money in January. The money accumulates in a Vanguard MM fund which has a yield similar to a bond fund. So, I just consider it part of my bond allocation. This minimizes the number of taxable events for record keeping purposes.
by sport
Tue Oct 29, 2019 9:46 am
Forum: Personal Investments
Topic: High Yield Funds in Taxable Account--what to do?
Replies: 19
Views: 1305

Re: High Yield Funds in Taxable Account--what to do?

Yes, the full appreciated value is deductible. I have a DAF with Vanguard Charitable and for the last 7-8 years have done just what is recommended - transfer my share in Windsor II into the Vg Charitable, and take 100% deduction without having either income or capital gains. Then in subsequent year...
by sport
Mon Oct 28, 2019 8:58 pm
Forum: Personal Investments
Topic: High Yield Funds in Taxable Account--what to do?
Replies: 19
Views: 1305

Re: High Yield Funds in Taxable Account--what to do?

I dont get it. You dont want to make money because you have to pay tax on your income? Making money is a good thing. That is the objective. If you dont want to pay state income tax, move to a state with no income tax. It seems axiomatic to me, but selling successful investments because they produce...
by sport
Mon Oct 28, 2019 8:11 pm
Forum: Personal Investments
Topic: High Yield Funds in Taxable Account--what to do?
Replies: 19
Views: 1305

Re: High Yield Funds in Taxable Account--what to do?

I dont get it. You dont want to make money because you have to pay tax on your income? Making money is a good thing. That is the objective. If you dont want to pay state income tax, move to a state with no income tax. It seems axiomatic to me, but selling successful investments because they produce...
by sport
Mon Oct 28, 2019 7:36 pm
Forum: Personal Consumer Issues
Topic: Vanguard Web Site Interface
Replies: 15
Views: 1258

Re: Vanguard Web Site Interface

I had the problem with Chrome. There was no problem when I used Internet Explorer. I notified Vanguard.
by sport
Mon Oct 28, 2019 7:32 pm
Forum: Personal Investments
Topic: Changing Vanguard Funds
Replies: 10
Views: 1285

Re: Changing Vanguard Funds

Perhaps Vanguard's life strategy funds will meet your need. They are similar to the target date funds, but the allocation does not change over time. There are several allocations to choose from.
by sport
Mon Oct 28, 2019 4:29 pm
Forum: Personal Consumer Issues
Topic: New Computer with or without SSD?
Replies: 78
Views: 4298

Re: New Computer with or without SSD?

With the end of support for Windows 7 coming in January What support do you need? I've had my Windows 7 computer for 3 years and have never contacted Windows support. On the contrary, I get calls from Microsoft support all the time. The support needed are security update patches. I would not want t...
by sport
Mon Oct 28, 2019 4:03 pm
Forum: Personal Investments
Topic: High Yield Funds in Taxable Account--what to do?
Replies: 19
Views: 1305

Re: High Yield Funds in Taxable Account--what to do?

If you make charitable contributions, you could give away appreciated shares instead of donating cash. This would let you escape the capital gains taxes. Piling onto this you could look into a Donor Advised Fund. Also make sure you are not reinvesting dividends or capital gains distributions into t...
by sport
Mon Oct 28, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: New Computer with or without SSD?
Replies: 78
Views: 4298

New Computer with or without SSD?

With the end of support for Windows 7 coming in January, I have decide to replace my desktop unit instead of upgrading it. It is 10 years old, so I don't want to push my luck with it. I have been looking at desktop models and note that some have an SSD in addition to the magnetic disk. Since I do no...
by sport
Mon Oct 28, 2019 2:33 pm
Forum: Personal Investments
Topic: High Yield Funds in Taxable Account--what to do?
Replies: 19
Views: 1305

Re: High Yield Funds in Taxable Account--what to do?

If you make charitable contributions, you could give away appreciated shares instead of donating cash. This would let you escape the capital gains taxes.
by sport
Mon Oct 28, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Furnace air filters
Replies: 37
Views: 2895

Re: Furnace air filters

I use the least expensive pleated filter. I believe it does a better job than the cheap blue ones, without too much air restriction.