Search found 3295 matches

by Katietsu
Sat May 30, 2020 10:21 am
Forum: Personal Investments
Topic: Time for a new house?
Replies: 35
Views: 2622

Re: Time for a new house?

Since your plan involves buying a house in the same neighborhood as your current house, just selling the current house now, for me, eliminates the concern about whether the market is up or down. I do not understand why you would want to introduce that risk when your intention is to sell the house so...
by Katietsu
Sat May 30, 2020 9:38 am
Forum: Personal Consumer Issues
Topic: XFINITY Mobile new phone SIM swap
Replies: 10
Views: 543

Re: XFINITY Mobile new phone SIM swap

So, we just walked out with the old SIM cards installed and just left it at that until a newer upgrade or a plan change is needed in the future and then we will deal with it. The phones still work fine. :oops: I have not even had a problem with a plan change despite having swapped phones. I am sure...
by Katietsu
Sat May 30, 2020 2:11 am
Forum: Personal Consumer Issues
Topic: XFINITY Mobile new phone SIM swap
Replies: 10
Views: 543

Re: XFINITY Mobile new phone SIM swap

This has been a very interesting thread for me. Over a year ago, I took an iPhone to the Apple store for a new battery. The technician damaged the phone and Apple decided to just give me a new phone. I swapped the SIM and everything worked fine. So, I did not give it a second thought. Well, thanks t...
by Katietsu
Fri May 29, 2020 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus payment if dependent in 2018 but not 2019
Replies: 7
Views: 561

Re: Stimulus payment if dependent in 2018 but not 2019

The IRS has previously stated that if the information on a 2019 return qualifies a person for a stimulus that they have not yet received , that the stimulus payment would be sent through the end of the year. If they changed this guidance, I have not heard. Of course, there are a lot of variations an...
by Katietsu
Fri May 29, 2020 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus payment if dependent in 2018 but not 2019
Replies: 7
Views: 561

Re: Stimulus payment if dependent in 2018 but not 2019

I think it is more dependent on you filing for 2019. Have you done so?
by Katietsu
Fri May 29, 2020 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Two accountants disagree - Bogleheads for the tiebreaker
Replies: 64
Views: 3646

Re: Two accountants disagree - Bogleheads for the tiebreaker

My niece was in a similar situation. The first accountant whose goal was just to reduce social security tax turned out to be influenced by his political beliefs.

I would never agree to having zero social security credits going towards my record while only in my thirties. This is awful advice.
by Katietsu
Fri May 29, 2020 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Drop in taxes for this biweekly pay period: Social Security Tax and Voluntary Disability Tax
Replies: 15
Views: 1103

Re: Drop in taxes for this biweekly pay period: Social Security Tax and Voluntary Disability Tax

Most common reason for social security tax to go to zero is that you have reached the maximum social security wage base for the year. For 2020, this would be $137,700. I know of no other reason or special situation that would explain this if you are not a high earner that has already reached this i...
by Katietsu
Thu May 28, 2020 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Drop in taxes for this biweekly pay period: Social Security Tax and Voluntary Disability Tax
Replies: 15
Views: 1103

Re: Drop in taxes for this biweekly pay period: Social Security Tax and Voluntary Disability Tax

Most common reason for social security tax to go to zero is that you have reached the maximum social security wage base for the year. For 2020, this would be $137,700. I know of no other reason or special situation that would explain this if you are not a high earner that has already reached this in...
by Katietsu
Thu May 28, 2020 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Etrade solo 401k automation of employer contribution
Replies: 2
Views: 214

Re: Etrade solo 401k automation of employer contribution

I can not help you. I do know that defaulting to the employee contribution with a limit shown is new. Until recently, the default for a contribution was employer. There is another thread here where someone says they were told that the interface is still in transition. Have you contacted the retireme...
by Katietsu
Thu May 28, 2020 7:29 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 77
Views: 4920

Re: Face mask recommendations

by Katietsu
Thu May 28, 2020 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 308
Views: 30185

Re: College in fall

I guess, with the opening of all 50 states to some extend, by late August, we may have around 30% of the population, hopefully larger percentage in students, to have immunity. If that is true, future infection will be slowed to some acceptable levels. The transmission may be stopped with about 60%~...
by Katietsu
Thu May 28, 2020 6:56 pm
Forum: Personal Consumer Issues
Topic: Mens Wrinkle Cream
Replies: 18
Views: 1353

Re: Mens Wrinkle Cream

I have been told that the most effective products are those with retinol. It looks you found that. Maybe it will help at 70, particularly if this is something you are just noticing. But, they seem to market these more to people people in their 30’s, 40’s and 50’s.
by Katietsu
Thu May 28, 2020 2:00 am
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 88
Views: 4535

Re: does anyone have a subscription to youtube tv?

I have had it about 6 months and have been very happy with it. It has all the channels I need, the DVR service and interface are good and the price reasonable. The most annoying thing is if I play a show I "recorded" and fall asleep it keeps playing other shows based on some algorithm. This is extr...
by Katietsu
Wed May 27, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: How can I use 6 weeks of vacation in the next 6 months in the Covid era?
Replies: 37
Views: 3241

Re: How can I use 6 weeks of vacation in the next 6 months in the Covid era?

I have used the mental savings of a staycation to splurge on things that I would otherwise be uncomfortable spending money on. I can have a lot of local experiences for the cost of transportation and lodging. Maybe this is an expensive dinner or two or three or a great bottle of wine, be it at a res...
by Katietsu
Wed May 27, 2020 7:59 pm
Forum: Personal Investments
Topic: If husband can do T-IRA, but acct says Roth, then...
Replies: 28
Views: 1295

Re: If husband can do T-IRA, but acct says Roth, then...

There are people who generically thinks it is always better to pay taxes now and withdraw tax free. Some do not do the math correctly. Some feel that tax rates are going to go way up. Some just like the idea that $1 out of a Roth IRA in retirement means $1 of spending. See if your accountant falls i...
by Katietsu
Wed May 27, 2020 7:47 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5251

Re: Betterment liquidated my investments without my authorization

I will just say that when I spent less than 10 minutes looking into whether I wanted to try out a Betterment account, it was made very clear that they would not ever transfer in kind. This policy is not just a line in a 142 page document that is included just to cover themselves. I do understand wh...
by Katietsu
Wed May 27, 2020 7:25 pm
Forum: Personal Investments
Topic: Tax loss amount
Replies: 7
Views: 263

Re: Tax loss amount

You have a gain of zero. All capital gains and losses first offset each other. Then if you had more capital losses than capital gains, up to $3000 can be used to reduce your AGI further. Example: Capital Gains: $9000 Capital Losses: $14,000 Wages: $50,000 Line 6 on the 1040 will be -$3000 AGI: $47,...
by Katietsu
Wed May 27, 2020 7:05 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5251

Re: Betterment liquidated my investments without my authorization

I will just say that when I spent less than 10 minutes looking into whether I wanted to try out a Betterment account, it was made very clear that they would not ever transfer in kind. This policy is not just a line in a 142 page document that is included just to cover themselves. I do understand why...
by Katietsu
Wed May 27, 2020 6:59 pm
Forum: Personal Investments
Topic: Tax loss amount
Replies: 7
Views: 263

Re: Tax loss amount

You have a gain of zero. All capital gains and losses first offset each other. Then if you had more capital losses than capital gains, up to $3000 can be used to reduce your AGI further. Example: Capital Gains: $9000 Capital Losses: $14,000 Wages: $50,000 Line 6 on the 1040 will be -$3000 AGI: $47,0...
by Katietsu
Wed May 27, 2020 5:30 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5251

Re: Betterment liquidated my investments without my authorization

Did you personally use a Betterment document to indicate that you wanted to transfer in kind? Or did you initiate this from Merrill and indicate to Merrill that you wanted to transfer in kind? If the latter, then I do not think Betterment is in the wrong in anyway. I thought that Betterment never tr...
by Katietsu
Wed May 27, 2020 12:29 pm
Forum: Personal Investments
Topic: If husband can do T-IRA, but acct says Roth, then...
Replies: 28
Views: 1295

Re: If husband can do T-IRA, but acct says Roth, then...

There is missing information and confusing statements by both you and your accountant. The only near absolute is that a Roth IRA contribution is better than a non deductible traditional IRA contribution. For the rest, you would need to provide more details. But, the blanket statement that one should...
by Katietsu
Wed May 27, 2020 1:09 am
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 88
Views: 4535

Re: does anyone have a subscription to youtube tv?

I have had it about 6 months and have been very happy with it. It has all the channels I need, the DVR service and interface are good and the price reasonable. The most annoying thing is if I play a show I "recorded" and fall asleep it keeps playing other shows based on some algorithm. This is extr...
by Katietsu
Tue May 26, 2020 9:45 pm
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 88
Views: 4535

Re: does anyone have a subscription to youtube tv?

Had it, but paused it since there's no live sports. It's made me realize that's the only thing that I value watching on TV. The only downside I have is that when you compare it to your cable provider, $50 doesn't amount to much in savings. I have tried YouTubeTV, Sling, HuluPlusLive. Personally, Sl...
by Katietsu
Tue May 26, 2020 3:04 am
Forum: Personal Finance (Not Investing)
Topic: For EF "months", are we including unemployment benefits & stated severance policies? And both parts of a couple?
Replies: 19
Views: 1088

Re: For EF "months", are we including unemployment benefits & stated severance policies? And both parts of a couple?

I have written many times about how I historically needed a much bigger emergency fund than even the 3-6 months to be comfortable. But I view the potential need to be for a lot more situations than just being laid off. If my DH was diagnosed with a life threatening illness, I did not want money to b...
by Katietsu
Tue May 26, 2020 12:21 am
Forum: Personal Investments
Topic: Too many tax lots to keep up with? Efficiency?
Replies: 11
Views: 1031

Re: Too many tax lots to keep up with? Efficiency?

I do not like the idea of a ton of tax lots either, “psychologically or emotionally” as livesoft said. I do not use DRIP. I usually buy just one ETF at a given time depending on whatever category is the most below my desired allocation. And I do not TLH for small amounts. I know small is different t...
by Katietsu
Mon May 25, 2020 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt
Replies: 42
Views: 3242

Re: Advice Needed regarding debt

I am sorry for all your family is going through. I do not think your niece’s situation looks unusual. I think it probably is unusual for many participants of this forum. This forum is also very heavy on the put on your big girls pants and handle your responsibilities when it comes to finances. So Z...
by Katietsu
Mon May 25, 2020 12:44 am
Forum: Personal Investments
Topic: 401k Fees Not Disclosed
Replies: 5
Views: 522

Re: 401k Fees Not Disclosed

I get an email that contains a link that takes me to a page where this information is provided. It is been about 5 years since getting this by paper was an option. Could there be some alternative distribution method that was used to update the information?
by Katietsu
Sun May 24, 2020 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Boat to people out of State
Replies: 18
Views: 1139

Re: Selling Boat to people out of State

Good Point and I totally planned on telling the buyer up front prior to him coming to Michigan. I use a local credit union so how would he be able to get a cashiers check from them if he was out of state? He is not getting the check from your bank but from his. This works if he has an account at a ...
by Katietsu
Sun May 24, 2020 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt
Replies: 42
Views: 3242

Re: Advice Needed regarding debt

She has $113k of debt on a $31k salary at who knows what interest rate. This is not just a matter of beans and rice and buckle down. A thoughtful analysis is appropriate before anyone gets another dollar besides the car loan.
by Katietsu
Sun May 24, 2020 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt
Replies: 42
Views: 3242

Re: Advice Needed regarding debt

I am sorry for all your family is going through. I do not think your niece’s situation looks unusual. I think it probably is unusual for many participants of this forum. This forum is also very heavy on the put on your big girls pants and handle your responsibilities when it comes to finances. So Zi...
by Katietsu
Sun May 24, 2020 5:11 pm
Forum: Personal Investments
Topic: TIAA traditional vs. Vanguard Total Market Bond index
Replies: 51
Views: 2590

Re: TIAA traditional vs. Vanguard Total Market Bond index

I believe it will be 3% guaranteed if I buy it now. The 3% guarantee is fixed by contract to last forever as long as you and/or your employer is still in that version of TIAA. Based on what has happened at other institutions, at some point, the employer plan will change. You will probably be offere...
by Katietsu
Sun May 24, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Amended Tax Return Status Unavailable?
Replies: 6
Views: 274

Re: Amended Tax Return Status Unavailable?

Ok. At least it’s not just me. I am fine with it taking a long time to get finished, but I wish they would at least say “Hey, we got it but it will be a while.” Lol Your return may be sitting in the back of a trailer bed in a parking lot. The IRS has no idea whether they “got it”. I do think they c...
by Katietsu
Sun May 24, 2020 1:51 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9609

Re: Personal spending out of control after Covid-19

Less junk food, fast food, sweets and alcohol here. Since I am not out and about, I am not tempted to stop at fast food or grab a poor choice on a gas fill up stop. Since I am ordering most groceries online with pickup, there is not the temptation to grab less healthy choice they intentionally disp...
by Katietsu
Sun May 24, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Boat to people out of State
Replies: 18
Views: 1139

Re: Selling Boat to people out of State

If you are going to require payment by wire transfer, please tell the person up front before the arrange to show up with a mechanic. I would never agree to that as a buyer because of the risk to me as a buyer. I have done vehicle sales with a cashier check that is obtained in the presence of both th...
by Katietsu
Sun May 24, 2020 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Proper Protocol to Handle Fender Bender
Replies: 47
Views: 9406

Re: Proper Protocol to Handle Fender Bender

Some of the data sources that CarFax has listed include state DMV’s, repair facilities, insurance companies, warranty companies, police departments, and auctions. I think that your accident would generate a CarFax entry from reporting by the repair shop IF they report. I am in a similar situation an...
by Katietsu
Sun May 24, 2020 2:30 am
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9609

Re: Personal spending out of control after Covid-19

Less junk food, fast food, sweets and alcohol here. Since I am not out and about, I am not tempted to stop at fast food or grab a poor choice on a gas fill up stop. Since I am ordering most groceries online with pickup, there is not the temptation to grab less healthy choice they intentionally displ...
by Katietsu
Sun May 24, 2020 1:43 am
Forum: Personal Finance (Not Investing)
Topic: Worried about sibling financial future
Replies: 31
Views: 3952

Re: Worried about sibling financial future

You can find many threads here where people are trying to assist an older loved with low income. Lower income means that social security will make up for much of his lost wages after retirement. Lower income can also mean access to free medical care and subsidized housing. If you keep yourself finan...
by Katietsu
Sun May 24, 2020 12:04 am
Forum: Personal Consumer Issues
Topic: Cheap way to ship a few boxes?
Replies: 14
Views: 920

Re: Cheap way to ship a few boxes?

Look at uship.com

While I have not used it, it has been recommended to me in the past. You need to go into the menu and search a bit to see if it is relevant for your move.
by Katietsu
Sat May 23, 2020 11:55 pm
Forum: Personal Consumer Issues
Topic: Warning: Virginia State Inspection
Replies: 38
Views: 3738

Re: Warning: Virginia State Inspection

So some people think its a great idea to get rid of auto inspections (designed to keep dangerous as well as polluting vehicles off the road) because of a few bad apples supposedly creating or claiming non existent defects in people's cars to increase repair revenue? I lived in Texas for many years,...
by Katietsu
Sat May 23, 2020 9:22 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime delayed shipping
Replies: 39
Views: 2729

Re: Amazon Prime delayed shipping

We have been Prime members since 2013. I was fine getting my items delayed in March and April but when I realized all my orders are being delayed by 7 days, it irritated me. For instance, my daughter is also a prime member on a student membership and does not order a lot of items from Amazon. She o...
by Katietsu
Sat May 23, 2020 8:17 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime delayed shipping
Replies: 39
Views: 2729

Re: Amazon Prime delayed shipping

We have been Prime members since 2013. I was fine getting my items delayed in March and April but when I realized all my orders are being delayed by 7 days, it irritated me. For instance, my daughter is also a prime member on a student membership and does not order a lot of items from Amazon. She o...
by Katietsu
Sat May 23, 2020 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Medical school student loan calculations
Replies: 26
Views: 1549

Re: Medical school student loan calculations

Since you want to look far out into the future, consider being open to geographic arbitrage. In other words, not only will the cost of living be reduced in Iowa vs San Francisco, but, for a physician, the salary will probably be higher. This is the opposite of many professions where a lower COL is a...
by Katietsu
Sat May 23, 2020 6:19 pm
Forum: Personal Investments
Topic: TIAA traditional vs. Vanguard Total Market Bond index
Replies: 51
Views: 2590

Re: TIAA traditional vs. Vanguard Total Market Bond index

The current 30 day yield on Total Bond is around 1.50% vs 3% TIAA Traditional...seems pretty clear which will win over the next 6-8 years*. The 9 year + 1 day conversion adds a wrinkle though. If my sole focus was to maximize return, I would be inclined to go with TIAA Traditional or, as suggested ...
by Katietsu
Sat May 23, 2020 3:15 am
Forum: Personal Finance (Not Investing)
Topic: Medical school student loan calculations
Replies: 26
Views: 1549

Re: Medical school student loan calculations

It sounds like this book has the information you are looking for to get started:

https://www.amazon.com/White-Coat-Inves ... 0991433106

It looks like you can get a used copy for just a few dollars if you want to save a little.
by Katietsu
Fri May 22, 2020 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 365
Views: 28061

Re: The axe falls and I am prepared. What's next?

2) I was unemployed for more than 1 year a few years ago. And, the severance is a lump sum. I am immediately eligible for unemployment benefits. I am reverifying this again. KlangFool Yes, that is how this works - with formal layoff you should be 100% eligible for unemployment regardless of severan...
by Katietsu
Fri May 22, 2020 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 47
Views: 2891

Re: Financial advice for undertaking a PhD

If you do not want to identify the specific field, maybe at least identify the general type of degree , ie engineering, social sciences, etc. I have not known anyone that paid for their full PhD costs and was successful afterwards. I am sure that there are some people out there, but in my experience...
by Katietsu
Fri May 22, 2020 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 365
Views: 28061

Re: The axe falls and I am prepared. What's next?

The part of your analysis that is a bit misleading is the $900 a week in employment. First, depending on the state and how the severance is paid, you may not be immediately eligible for unemployment. Second, and perhaps more significantly, the extra $600 a week is only guaranteed through July. I do ...
by Katietsu
Fri May 22, 2020 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: College costs not covered by 529
Replies: 42
Views: 4253

Re: College costs not covered by 529

How about clothing? Anyone know? Can 529 savings plans be used for shirts, pants, jackets, underwear, socks, etc.? I have searched several sites and an unable to find an answer, whether it be yes or no. IRS Publication 970 should help you understand qualified expenses. But, no, to personal items.
by Katietsu
Fri May 22, 2020 4:40 pm
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2138

Re: Email for young teen with ability to auto delete nasty spam

Thanks for the suggestions. Here is my plan: 1) I will look at turning off notifications as I think that big red number probably is what is creating the perceived need to go in and delete the spam. 2) Since these particular emails of concern seem to have just a few variations, I am going to start by...
by Katietsu
Fri May 22, 2020 3:58 pm
Forum: Personal Investments
Topic: TIAA traditional vs. Vanguard Total Market Bond index
Replies: 51
Views: 2590

Re: TIAA traditional vs. Vanguard Total Market Bond index

The current 30 day yield on Total Bond is around 1.50% vs 3% TIAA Traditional...seems pretty clear which will win over the next 6-8 years*. The 9 year + 1 day conversion adds a wrinkle though. If my sole focus was to maximize return, I would be inclined to go with TIAA Traditional or, as suggested ...