Search found 775 matches

by Katietsu
Thu Oct 19, 2017 6:51 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 157
Views: 11273

Re: Account security - Hackers gain access to mobile and then break havoc

I put a PIN on my Verizon account - I was under the impression that when you request service on your account in person or over the phone you have to provide the PIN and/or identification. My phone died this weekend. I went into the local Verizon store, handed over my drivers license and bought a ne...
by Katietsu
Thu Oct 19, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: I need help with our Fidelity accounts
Replies: 23
Views: 1561

Re: I need help with our Fidelity accounts

I would really consider leaving the accounts at Fidelity for now. You can get advice here to help you choose the best investments and to simplify your portfolio. If the advisor does not want to help you implement the recommendations made here, you can ask for a new advisor. Moving accounts doed not ...
by Katietsu
Thu Oct 19, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?
Replies: 13
Views: 1091

Re: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?

I have tried to do a lot of reading on the safety of the various online ways to access one's financial accounts. I know I have seen many here post that they would not use their phone. I feel differently and have found at least some experts that agree. To me, the main benefit of the iphone is that p...
by Katietsu
Thu Oct 19, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?
Replies: 13
Views: 1091

Re: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?

I have tried to do a lot of reading on the safety of the various online ways to access one's financial accounts. I know I have seen many here post that they would not use their phone. I feel differently and have found at least some experts that agree. To me, the main benefit of the iphone is that pr...
by Katietsu
Wed Oct 18, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Employer withholding mistake
Replies: 15
Views: 2406

Re: Employer withholding mistake

So even with the extra withholding to cover the first bonus check, you will have less withheld in 2017 than your 2016 liability?
by Katietsu
Wed Oct 18, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: Registering/titling new car myself
Replies: 6
Views: 665

Re: Registering/titling new car myself

I was in a similar situation. I know it is hard, but I would try to stay calm and keep working with the dealer. The only exception might be if the dealer is in a different state.

No one here can tell you the process without knowing what state you are trying to register the car.
by Katietsu
Tue Oct 17, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: couple of questions regarding inflation and the 4% rule
Replies: 19
Views: 1941

Re: couple of questions regarding inflation and the 4% rule

If I actually follow that, I'll use the same as SS uses, because that is easy. I'll probably get stuck going over 4% because RMDs will force me into it sometime in my mid to upper 70's. I have a substantial ROTH, but the bulk of retirement money will be tax deferred. RMDs can't be converted to ROTH...
by Katietsu
Tue Oct 17, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare change upcoming - preauthorization for imaging tests
Replies: 13
Views: 1310

Re: Medicare change upcoming - preauthorization for imaging tests

Here's a link to what I believe to be the referenced article: https://www.consumerreports.org/medical-treatments-procedures/make-sure-your-medical-treatment-is-covered/ It isn't at all clear, but I'm thinking they're referring to Medicare Advantage plans. They are referring to traditional Medicare....
by Katietsu
Tue Oct 17, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 2990

Re: Why not CDs instead of Short Term Bonds or TIPS

Hi Nisi, There is often talk on bogleheads about the ambiguity around whether or not a bank will allow early withdrawal. Since I utilize CDs across a few banks, your post above finally made me look through the documentation of both Ally and GS Bank. I searched for the words "early", "discretion", a...
by Katietsu
Tue Oct 17, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Giving Less in Dividends than Competitors?
Replies: 13
Views: 2007

Re: Vanguard Giving Less in Dividends than Competitors?

I doubt your advisor is picking anything for you. Your age, risk tolerance, etc is likely put into a software program which spits out the recommended portfolio. I actually think this is a good thing because it means that your asset allocation is not dependent on a randomly assigned advisor. I would ...
by Katietsu
Tue Oct 17, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 26
Views: 2518

Re: seeking advice on asset allocation, or is Vanguard crazy

My concern is that your inputs are based on working until near 70. As a physician, you probably realize the high percentage of people who are unable to continue working full time into their late sixties. For this reason, I think going more conservative is very reasonable.
by Katietsu
Tue Oct 17, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Where to notarize legal zoom documents? Trouble getting witnesses
Replies: 14
Views: 907

Re: Where to notarize legal zoom documents? Trouble getting witnesses

Many notary services that I am familar with are open until 7 or 8 pm as well as on Saturdays. My experience has been that each service has its own policy as to whether employees can serve as a witness.
by Katietsu
Tue Oct 17, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 218
Views: 25509

Re: Retirement Account Stolen by Identity theft

I was wondering when they would start stealing retirement accounts. My concern was also getting stuck with a big tax bill and the 10% penalty for those under 59 1/2. My wife froze our credit several years ago and I moved all my IRAs "offline" several years before that. What does it mean to move an ...
by Katietsu
Tue Oct 17, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: 1099R-3 of them for the same plan
Replies: 4
Views: 207

Re: 1099R-3 of them for the same plan

I think what you are referring to is that the total distributions for the year will be three times the actual value of the account. That is not a problem as long as everything has the correct code in box 7 and the taxable part of the distributions is correct. If the funds went from the 401k to the I...
by Katietsu
Mon Oct 16, 2017 5:22 pm
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1828

Re: contributing to friend's non-profit?

Your friend has handled it the same way I would handle things. I would use an impersonal form letter so that I was not putting my friends in an uncomfortable situation where they felt obligated to donate whether they wanted to or not. I would also be sending letters to everyone I thought might remot...
by Katietsu
Mon Oct 16, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Better to file taxes knowing they are incorrect (IRS owes me) or not file
Replies: 5
Views: 616

Re: Better to file taxes knowing they are incorrect (IRS owes me) or not file

Yes. File today. You do not want failure to file penalties. They are the worst. The tax and penalty amounts involved with a single Roth excess contribution should be pretty mild. Additionally, reading between the lines, it sounds like the contribution was made a couple of years ago. In that case, yo...
by Katietsu
Mon Oct 16, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Mineral Rights Valuation (Natural Gas)
Replies: 8
Views: 731

Re: Mineral Rights Valuation (Natural Gas)

I personally would not want to buy your property without the mineral rights. I would not be concerned about the potential income stream. I would be concerned about finding heavy machinery in my back yard one day that I had no control over. I have been shocked to find out how much intrusion can legal...
by Katietsu
Sun Oct 15, 2017 11:59 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 313
Views: 15577

Re: Fellow TDA bogleheads

Article from WSJ time stamped Oct 16 12:01 AM. "TD Ameritrade is overhauling its commission-free ETF trading platform, adding dozens of new funds and jettisoning all offerings from Vanguard Group." https://www.wsj.com/articles/td-ameritrade-drops-vanguard-from-revamped-commission-free-etf-lineup-150...
by Katietsu
Sun Oct 15, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard's federal ID number for 1099R that hasn't arrived yet
Replies: 6
Views: 418

Re: Vanguard's federal ID number for 1099R that hasn't arrived yet

I am not sure you are doing things correctly. Did you withdraw the money in 2017?
by Katietsu
Sun Oct 15, 2017 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: First Post (gulp) - Request for Advice on selling inherited home
Replies: 20
Views: 1560

Re: First Post (gulp) - Request for Advice on selling inherited home

I would not bundle these things together based on your description. I would sell the house through a conventional realtor. If you do not want to take the time to handle the possessions yourself, you can hire a company to do the estate sale of the belongings. The company used when my aunt passed away...
by Katietsu
Sun Oct 15, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Decline in Delivery Service?
Replies: 54
Views: 4082

Re: Amazon Prime - Decline in Delivery Service?

I have not had any problems in over a year. And that was a single item that was not sold or fulfilled by Amazon. If delivery time is critical, I try to avoid items being shipped by the third party seller. If I must go with a third party seller, I carefully review the sellers ratings. I have had to d...
by Katietsu
Sun Oct 15, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: ACA stay below 250% FPL for 2017?
Replies: 16
Views: 1254

Re: ACA stay below 250% FPL for 2017?

Subsidies of both kinds in the ACA are based on the current year's income. So did you qualify for CSR reductions during 2017 based on your estimate of this year's income? If so, and you don't remain under the 250% for 2017, those subsidies will be taken back when you do taxes. ... I'm afraid that's...
by Katietsu
Sat Oct 14, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 29
Views: 5248

Re: Met with a CFP, not too impressed.

We plan on traveling a lot (2-3 month out, 1 month at home) in our RV so we need things to kind of run on auto pilot. There are no For Fee CFP near us. Everyone is AUM. I suspect I am about the first "For Fee" client this man has had. I can see value in getting advice on such a transition. You are ...
by Katietsu
Fri Oct 13, 2017 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Can I fund my dad's taxable account?
Replies: 10
Views: 951

Re: Can I fund my dad's taxable account?

Generally, you should not link accounts with different ownership.

Open the account with no money. Then, send in a check to fund it.
by Katietsu
Fri Oct 13, 2017 12:16 pm
Forum: Personal Consumer Issues
Topic: Washington DC Trip
Replies: 25
Views: 1595

Re: Washington DC Trip

In DC with family this summer. They bought hop on hop off tickets for $30 or $40. We did not. They did not get value from them. Mostly walked. One Uber trip. One Metro trip. Timing did not allow for the bus they had paid for in those cases. They did each get one ride a day with the pass if I recall....
by Katietsu
Fri Oct 13, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2268

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

This is the best explanation I've gotten so far. I will withdraw about $6,972 tax-free this tax year and about the same amount tax-free next year (assuming my income is about the same). I don't think you get it yet. What exactly do you mean by "withdraw about $6,972 tax-free this year" ?? Going by ...
by Katietsu
Fri Oct 13, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Need help with family financial situation - sheltering money / medicaid
Replies: 22
Views: 2108

Re: Need help with family financial situation - sheltering money / medicaid

Also, I want to remind you and especially your Mom to take small breaks, at minimum, from the situation. Does your Mom have grandkids she could spend an hour with at the park, for example. These breaks can really help you to make better decisions for your Dad.
by Katietsu
Fri Oct 13, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Need help with family financial situation - sheltering money / medicaid
Replies: 22
Views: 2108

Re: Need help with family financial situation - sheltering money / medicaid

1) The VA has put enormous effort into nursing home, palliative care, hospice, etc during the last decade. I am not in Washington, but in my experience with several VA nursing homes, the VA homes are excellent as to the type of care as well as the cost. I would make sure that this option is fully ex...
by Katietsu
Fri Oct 13, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2268

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

This is the best explanation I've gotten so far. I will withdraw about $6,972 tax-free this tax year and about the same amount tax-free next year (assuming my income is about the same). I don't think you get it yet. What exactly do you mean by "withdraw about $6,972 tax-free this year" ?? Going by ...
by Katietsu
Fri Oct 13, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: Can someone help me find a mattress topper?
Replies: 5
Views: 469

Re: Can someone help me find a mattress topper?

I agree with all Pajamas' points. It may be that we do not understand your goals but a mattress topper does not seem consistent with your issues. A topper, in my experience, is best for reducing pressure points. For $350, you could get one of the new mattress in a box kind of things that I believe a...
by Katietsu
Wed Oct 11, 2017 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Downgrading automobile
Replies: 10
Views: 1583

Re: Downgrading automobile

Do you have an understanding of the logistics of selling your current car? In other words, who is the car financed with? Can the loan be paid off and the title signed over locally? In order to get the best price, you will want to sell the car yourself. A Wrangler is a good vehicle for that. You will...
by Katietsu
Tue Oct 10, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: In our situation, can my wife open a solo 401K?
Replies: 15
Views: 774

Re: In our situation, can my wife open a solo 401K?

I do not believe so on the basis of her current situation. Since those payments have been exempted from federal taxes, your wife has no taxable income. However, your wife just needs to go make a minimal income from something else to open the 401k for the purpose you describe. Can she set up a neighb...
by Katietsu
Tue Oct 10, 2017 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 5545

Re: Anesthesiologist Advise [how to save money]

OP, you are still in transition. IMO, most people see their net worth go down when they make a geographic move and start their first post training job, especially on a 1099. I would not move. Your rent is reasonable for your location and expected salary. And, since so many new physicians change jobs...
by Katietsu
Tue Oct 10, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing tax efficiently—and simply?
Replies: 7
Views: 723

Re: Rebalancing tax efficiently—and simply?

Thank you, JW and mega. That is certainly a good option. The one catch is that I was hoping to live off the funds currently in my taxable STAR fund for the first few years of retirement, hence my aim to allocate those funds more conservatively. During this time, I planned on leaving the more aggres...
by Katietsu
Sun Oct 08, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Roof shingles do not match - Neighbor sent notice
Replies: 44
Views: 5704

Re: Roof shingles do not match - Neighbor sent notice

My first step would be to respond to the neighbor in writing and to include the documentation from the contractor. Personally, I would even agree to replace the new shingles if the neighbor can identify acceptable shingles. I had about 20 shingles replaced on a 15 year old roof. The roof seemed to m...
by Katietsu
Sat Oct 07, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: RE tax question
Replies: 10
Views: 489

Re: RE tax question

If he made any "capital improvements" to the building, any money he spent on materials or outside labor would increase his cost basis. He should have receipts for these expenditures. Repairs that are not improvements do not count for this. Excellent advice - start brainstorming now, list every impr...
by Katietsu
Fri Oct 06, 2017 11:34 pm
Forum: Personal Consumer Issues
Topic: Daughter's auto repair shop problems, what should we do now?
Replies: 34
Views: 3402

Re: Daughter's auto repair shop problems, what should we do now?

I reread the original post 4 times. It seems that you are saying that the garage was told that the engine mounts work was a go and that they were requested to diagnosis the starting problem. I can not figure out from the post whether the charge for the current work is $300, $800 or something in betw...
by Katietsu
Fri Oct 06, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks, how safe are they?
Replies: 31
Views: 1862

Re: Paper checks, how safe are they?

I'm not a banker. My CU is currently investigating how an ACH pull was accomplished with essentially zero info on the pulling side. A check was apparently snitched, the routing and account number info immediately used to do the pull. Could this be the next banking fraud frontier? Not new. Actually,...
by Katietsu
Fri Oct 06, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: Health insurance gamble?
Replies: 24
Views: 2005

Re: Health insurance gamble?

No ACA penalty in this case unless as long as new insurance in place by December 31. Read rules for short term coverage gap. Will likely need to claim the short term coverage gap exemption-so one extra form when you file taxes. Would need to remember to do this.
by Katietsu
Fri Oct 06, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Health insurance gamble?
Replies: 24
Views: 2005

Re: Health insurance gamble?

The only gamble you are taking is if a catastrophe occurs and nobody can handle activating the insurance within the 60 day time period. You really can have an expensive surgery tomorrow and sign up for Cobra on Thanksgiving and be covered. My husband played this gamble once. He did not use the insur...
by Katietsu
Fri Oct 06, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Simple Notebook/laptop
Replies: 58
Views: 3040

Re: Simple Notebook/laptop

I would throw out the iPad possibility again. My BIL got one as a gift for MIL. I thought it was nuts but she loves it. It depends on whether she wants to just be consuming content or she actually needs to produce material, including emails.
by Katietsu
Fri Oct 06, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: bonus tax question
Replies: 7
Views: 504

Re: bonus tax question

The only thing I am aware does not really refer to taxation but withholding. There are two ways an employer can calculate withholding on supplemental income/a bonus. They can add it to regular wages and calculate using the normal withholding tables. Or they can withhold on supplemental wages at a fl...
by Katietsu
Thu Oct 05, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Newsletter vs. Indexing
Replies: 8
Views: 743

Re: Newsletter vs. Indexing

I would not try to change his mind. One option is to ask him to permit you to read the newsletter. You willl then have more information from which to come to your own conclusion. The current situation is rather dangerous where you are blindly following recommendations without understanding why. The ...
by Katietsu
Thu Oct 05, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: 2M savings investment help
Replies: 37
Views: 4961

Re: 2M savings investment help

There are many threads on Vanguard vs DFA. My personal conclusion from those threads is to use DFA funds if you are going to be paying an advisor anyway. It sounds like your advisor gave you good advice. Some on this board probably not will not like the market timing aspect of it. But I think that i...
by Katietsu
Thu Oct 05, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 2860

Re: That blank stare... ?

This is very helpful and timely for me right now. I have been hesitant to do anything with a smallish inheritance of my husband that has just been sitting in a local money market. I have asked my husband to just be part of the big picture decision making and I will take care of the execution. He bas...
by Katietsu
Fri Sep 29, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Score Range
Replies: 2
Views: 390

Re: Credit Score Range

The FICO auto lending score has a max of 900. The traditional score still tops at 850. The FICO bankcard score also has a 900 max.

There were some changes that increased a small number of consumers scores recently as certain liens and such no longer were included.
by Katietsu
Thu Sep 28, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: Two year lease vs Buy and hold 10 years. A wash?
Replies: 54
Views: 4179

Re: Two year lease vs Buy and hold 10 years. A wash?

Just a few years ago, my brother had a great 3 year lease for a full size sedan that allowed for 60,000 miles. There is no way that owning a decent car would have been less. Came out to pennies per mile. The dealership was in a position where they were going to need to deep discount that model. If t...
by Katietsu
Wed Sep 27, 2017 11:47 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 58
Views: 5448

Re: Is the new Chevy Equinox any good?

Really shows how there are very few "bad" cars and much of the choice is personal fit. I found the CRV uncomfortable - just not sized right for me. Really wanted to want a Suburu Outback. Went back to test drive a couple years apart, including this summer. Thought it was great until you tried to go ...
by Katietsu
Wed Sep 27, 2017 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: 403(B) advisor advice to wife
Replies: 36
Views: 2684

Re: 403(B) advisor advice to wife

I don't think this is bad advice. There is likely no sales charge within a 403b. A majority of people here do include international equities. The Growth Fund of America is a well established fund that is part of a lot of the retirement accounts out there. There is only a small difference in ER. Poss...
by Katietsu
Tue Sep 26, 2017 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes - parents receiving 1099-Misc for minor son’s earnings
Replies: 16
Views: 1142

Re: Taxes - parents receiving 1099-Misc for minor son’s earnings

This is clearly nominee income. The most practical way to report is to file a schedule C listing the 1099-MISC income, then list the same amount as "other expenses" with the description "nominee" and list the SSN of the correct recipient of the income, resulting in no gain or loss on the Schedule C...