Search found 2066 matches

by Katietsu
Tue Jul 16, 2019 3:42 pm
Forum: Personal Investments
Topic: Quick question about GA TRS
Replies: 12
Views: 295

Re: Quick question about TRS

... Edit: It appears from your last post that you are able to take a lump sum. So there is obviously significance there. Just saw your edit. Could you clarify what you mean about significance? I think that I'm able to withdraw the account's current balance. However, in that case, as far as I know, ...
by Katietsu
Tue Jul 16, 2019 3:20 pm
Forum: Personal Investments
Topic: Quick question about GA TRS
Replies: 12
Views: 295

Re: Quick question about TRS

There are many TRS systems. I doubt that they all operate the same. So, without the state, you will only get generic answers. As far as why they state an employer contribution, it might just be so that the employees understand that tax dollars are going from the school district to the pension system...
by Katietsu
Tue Jul 16, 2019 6:30 am
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 3749

Re: Poor financial advisor performance

This forum is made up of mostly DIY investors. And the most common portfolio discussed here a three fund portfolio with its simplicity. Therefore, you will get answers that skew this way. However, your advisor has you in a very solid portfolio with low fee funds. You have admitted to behavioral fina...
by Katietsu
Mon Jul 15, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-B Non-Covered CD Basis
Replies: 8
Views: 531

Re: 1099-B Non-Covered CD Basis

If you enter (or download) the non covered transactions, TurboTax will stop asking for the mail in of forms. If you are entering the total line from non covered (TT does not know if that's 1 or 100 transactions) it wants you to mail in hard copies. If you enter them it has all the data on erach tra...
by Katietsu
Mon Jul 15, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Question about bonus withholding
Replies: 12
Views: 732

Re: Question about bonus withholding

Do you know that the extra bonus withholding will result in a refund? If so, I agree with H-Town. Just change your W-4 to have less withheld from your regular salary each pay period. It is a more direct way to adjust your withholding to avoid a large refund. I do an estimate of how my withholding is...
by Katietsu
Mon Jul 15, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant turned off all utilities advice please!!
Replies: 75
Views: 5849

Re: Tenant turned off all utilities advice please!!

The woman behaved horribly. However, I have always contacted the utilities and ended service every time I have moved from a rental. Sometimes, the landlord had an agreement on record with the utility company to assume responsibility for the billing and the service would remain on. Other times, the u...
by Katietsu
Mon Jul 15, 2019 8:26 am
Forum: Personal Consumer Issues
Topic: PSA: Audible subscription 66% discount for Prime Day
Replies: 2
Views: 548

Re: PSA: Audible subscription 66% discount for Prime Day

I did this deal last year as a person with an already existing but inactive account. It was not a problem then. Thanks for pointing this out. Also note, you can use the 3 months. Buy 3 books in that time period and then cancel your membership even if you have not finished the books. I am trying to s...
by Katietsu
Sun Jul 14, 2019 6:46 pm
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 28
Views: 2880

Re: Responding to a CP2000 Notice

If you are responding by mail in a timely manner, there is no reason to call. I would send what you owe them. It seems clear. There is a good chance they will not even follow up for any interest or penalties given the nature and size of the error. I would file amended for the state. Then try to forg...
by Katietsu
Sat Jul 13, 2019 11:36 pm
Forum: Personal Consumer Issues
Topic: Want a 2 in 1 laptop
Replies: 28
Views: 2154

Re: Want a 2 in 1 laptop

I would make sure there is a good return policy for whatever you purchase. I was never happy with either 2 in 1 on my lap on the couch. As a tablet, they were to heavy and awkward after using an iPad. As a touchscreen laptop, one was impossible to use on lap and the other had too much give in the hi...
by Katietsu
Sat Jul 13, 2019 10:32 pm
Forum: Personal Consumer Issues
Topic: Standard Car Key Battery Life for Late Model Vehicles
Replies: 27
Views: 1414

Re: Standard Car Key Battery Life for Late Model Vehicles

When you have the buttons on the key fob to lock and unlock the door it is important to still use the metal key occasionally to prevent the lock from getting gummed up and stuck. It is not uncommon for someone to have their battery go dead only to find that the metal key which has not been used in ...
by Katietsu
Sat Jul 13, 2019 6:24 pm
Forum: Personal Investments
Topic: Portfolio review and financial advisor questions
Replies: 21
Views: 1539

Re: Portfolio review and financial advisor questions

Katietsu: Yes I was quite surprised during this meeting especially when he brought up a syndicated real estate product that the firm was starting. He’s never really tried selling me products like this before. Syndicated real estate deals are not variable annuities or crypto currencies. Go to WCI an...
by Katietsu
Sat Jul 13, 2019 9:50 am
Forum: Personal Investments
Topic: Portfolio review and financial advisor questions
Replies: 21
Views: 1539

Re: Portfolio review and financial advisor questions

At a high level, your current portfolio looks quite reasonable. I am surprised that an advisor whose system has you in that portfolio would start talking crypto and variable annuities.
by Katietsu
Sat Jul 13, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3610

Re: Can my brother afford his vacation?

Nothing actionable here. Yes. The point of this thread is what exactly? Every so often, I see a question posted on this forum and it makes me question the validity of the question vs. someone just trying to see if they can ask a nonsense theoretical question to get people to respond. Beneficial con...
by Katietsu
Sat Jul 13, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3610

Re: Can my brother afford his vacation?

Maybe it was a humble brag. But there are a ton of posts on this forum where people are seriously asking and worrying about affording things that represent a similar % of their net worth. Personally, I think there are many on this forum, including me, that would be nauseous at spending almost half ...
by Katietsu
Fri Jul 12, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3610

Re: Can my brother afford his vacation?

Maybe it was a humble brag. But there are a ton of posts on this forum where people are seriously asking and worrying about affording things that represent a similar % of their net worth. Personally, I think there are many on this forum, including me, that would be nauseous at spending almost half a...
by Katietsu
Fri Jul 12, 2019 2:38 pm
Forum: Personal Investments
Topic: Just discovered we may not be eligible for Roth IRA anymore
Replies: 37
Views: 3222

Re: Just discovered we may not be eligible for Roth IRA anymore

1) If your employer plan will accept it, rolling in there is probably easy. I have also changed jobs a lot recently, and I don't find the 401ks to be a problem. If the new 401k is better, I roll old 401ks into new 401ks. If the old one is better I leave it. Right now I have two because my old one i...
by Katietsu
Fri Jul 12, 2019 2:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard [executed unauthorized transaction, then canceled it]
Replies: 9
Views: 556

Re: Vanguard [executed unauthorized transaction, then canceled it]

I had a similar experience, not with Vanguard. I noticed it but was not in a position to follow up. A few hours later, by the time I did, all the transactions were gone. In my case there were actually 4 transactions as they kept trying to correct themselves. If I had not logged in when I did, I woul...
by Katietsu
Fri Jul 12, 2019 8:42 am
Forum: Personal Investments
Topic: Traditional IRA Rollover to 401k - Is a loophole?
Replies: 13
Views: 887

Re: Traditional IRA Rollover to 401k - Is a loophole?

If it is correct that you have been making non deductible IRA contributions, then there is a different course of action you could pursue. You should consider a Roth conversion and future “back door Roth”. You may need to move the pre tax portion of your traditional IRA balance into your 401k first t...
by Katietsu
Thu Jul 11, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: Got robbed in London...Phone stolen...what else do I need to do?
Replies: 50
Views: 6223

Re: Got mugged in London...Phone stolen...what else do I need to do?

What is your concern with the 200 miscellaneous passwords? If you are using iCloud Keychain, they would need face/Touch ID to access the passwords, wouldn’t they? Or at least your passcode. They would have to be very lucky to get through that barrier before you erased your phone. I have about 20 sit...
by Katietsu
Thu Jul 11, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: Car DIY, NYC.
Replies: 33
Views: 1335

Re: Car DIY, NYC.

I suggest that just knowing how to talk the language and what is needed/necessary can save you big. For instance, blindly paying for a 30,000 mile service may get you charged for a lot of bogus labor at book time. Like 1hr+ of looking at hoses etc. Not sure they even do it and definitely not much to...
by Katietsu
Thu Jul 11, 2019 12:09 pm
Forum: Personal Investments
Topic: Not happy with one FA allocation: PBRIX
Replies: 37
Views: 1906

Re: Not happy with one FA allocation: PBRIX

I do not dispute that you should look to change the situation as everyone has already outlined. But I do not know that you are ready today to go on your own to full DIY. What brought you hear is the concern that one of your funds had done badly over the last decade. This could lead to selling low an...
by Katietsu
Wed Jul 10, 2019 10:49 pm
Forum: Personal Investments
Topic: Assisted Living Money Decision
Replies: 21
Views: 1723

Re: Assisted Living Money Decision

Last time I dealt with ALF expenses, room and board could be deducted provided both the chronically ill requirements and the plan of care requirements were met. I believe the plan of care must be in place before expenses like room and board are deductible. So you can not wait until the end of the ye...
by Katietsu
Wed Jul 10, 2019 10:25 pm
Forum: Personal Consumer Issues
Topic: Why Is Cord Not Included?
Replies: 32
Views: 3830

Re: Why Is Cord Not Included?

Same thing for an electric dryer. Cord is always separate.
by Katietsu
Wed Jul 10, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Car Dilemma
Replies: 20
Views: 1376

Re: Car Dilemma

Does the 1998 have at least electronic stability control and ABS brakes? Neither was mandated then but I know luxury vehicles were all getting them around then. There is always a debate here about cost vs safety features. But almost every expert I have read says those two features are game changers ...
by Katietsu
Wed Jul 10, 2019 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge and Preferred Rewards
Replies: 51
Views: 5022

Re: Merrill Edge and Preferred Rewards

So as is normal with dealing with BOA/Merrill..... Nobody there really knows anything about anything. I was able to sign up for PR this week (Platinum)..it's been about two months since I transferred my IRA.....so didn't take the 3 months like the BOA rep said. However....I still don't have free tr...
by Katietsu
Tue Jul 09, 2019 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Family Help
Replies: 10
Views: 1620

Re: Family Help

If he sells the rental, his income is now less than $12,000 a year. He will then qualify for help with his prescription costs, heating costs, possibly property tax rebate, maybe meal delivery and more. There are a lot of programs for seniors that consider only income not assets. Start by contacting ...
by Katietsu
Tue Jul 09, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Wealthfront Wants Login Info.
Replies: 7
Views: 503

Re: Wealthfront Wants Login Info.

Not sure what you mean about "instant verification." LifeIsGood says that Wealthfront asked him for a password. I've done all kinds of verification and created "electronic signatures" without providing a password to some other company's account. My experience with “instant verification” is that it ...
by Katietsu
Tue Jul 09, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Wealthfront Wants Login Info.
Replies: 7
Views: 503

Re: Wealthfront Wants Login Info.

It would be a deal-breaker for me. When you create a login at Vanguard or anywhere else, you physically or electronically sign something saying, one way or another, that you agree not to disclose your password. I don't disclose my passwords, period. That's what everyone who issues me a password tel...
by Katietsu
Tue Jul 09, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce and pension/401k/IRA split
Replies: 31
Views: 2574

Re: Divorce and pension/401k/IRA split

One way to keep costs down, as long as you both stay reasonable, is by selecting attorneys who prefer to keep things that way. Some lawyers have a reputation for trying to reduce conflict and others are known for big fights and large bills. You should certainly speak with your own expert. But, it do...
by Katietsu
Mon Jul 08, 2019 9:59 pm
Forum: Personal Consumer Issues
Topic: Dealer shows trade-in value much higher to avoid sales tax
Replies: 34
Views: 3535

Re: Dealer shows trade-in value much higher to avoid sales tax

I do not live in Texas and have no personal knowledge of TX law. But a quick google search showed a brochure from TX that stated that lease payments are not taxed in TX. It is the lessor that will owe the sales tax on the vehicle when titled. So, it seems possible that there is no fraud or underpaym...
by Katietsu
Mon Jul 08, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Best Practices for longer-term house guests?
Replies: 35
Views: 3269

Re: Best Practices for longer-term house guests?

Has anyone encountered to opposite situation? Where guests you would like very much to host - decline such an invitation because they do not want to inconvenience the hosts? Yes. A close family member. She does a wonderful job as a host. But does not want to inconvenience us while staying with us. ...
by Katietsu
Mon Jul 08, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Best Practices for longer-term house guests?
Replies: 35
Views: 3269

Re: Best Practices for longer-term house guests?

One problem is that some “hosts” want help and others are offended if you get yourself a glass of water. So, for the guest, it can be hard to know what help will be appreciated. I think it is hard to give a generic best practices with so many different relationships and expectations. Myself, I would...
by Katietsu
Mon Jul 08, 2019 10:29 am
Forum: Personal Investments
Topic: Old Job -401K; New Job ORP, 457b, 403b - Confused, Please help
Replies: 10
Views: 480

Re: Old Job -401K; New Job ORP, 457b, 403b - Confused, Please help

Your understanding sounds fine. It sounds like a question for HR or payroll. Also, are you relying on the new company to limit your 403b contribution taking into account your previous 401k contribution? Only some companies are capable of this and I would keep a careful watch on this regardless.
by Katietsu
Sun Jul 07, 2019 8:29 pm
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 28
Views: 2880

Re: Responding to a CP2000 Notice

If this is a routine CP2000 notice, I would not go out of my way for proof that you responded. I know that it probably requests a response within 30 days. But if you do not answer, they will send another copy asking you again to respond within 30 days. If you got to that point, then you can get proo...
by Katietsu
Sun Jul 07, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Best deals on MiFi devices / Hot spot - 4th of July hardware sales?
Replies: 20
Views: 970

Re: Best deals on MiFi devices / Hot spot - 4th of July hardware sales?

Another wrinkle. The X can come with with either an Intel modem or a Qualcomm modem. If your wife has the AT&T/T mobile version with the Intel modem, I do not think you can use it on the Verizon or Sprint networks.
by Katietsu
Sun Jul 07, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: When to find a Financial Advisor in Retirement
Replies: 20
Views: 1381

Re: When to find a Financial Advisor in Retirement

I am not a voice of experience. I will say that my plan involves keeping a list of 5 advisors/advisory firms that can be turned to in case needed. I have also been contemplating having a one time look of investments completed soon. As someone probably about your age, I do not see value in establishi...
by Katietsu
Sat Jul 06, 2019 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Took out roth contributions for down payment, now getting massive tax bill?
Replies: 8
Views: 1929

Re: Took out roth contributions for down payment, now getting massive tax bill?

Yes you did something wrong. You did not fill out the Form 8606 correctly or probably not at all. You know that you had more than $30,000 of contributions but the IRS does not. The IRS just knows you made a $30,000 withdrawal before age 59.5. It is up to you to document the how and why that you owe ...
by Katietsu
Sat Jul 06, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: FitnessBank 3% savings with 12,500 daily steps - has anyone heard of them?
Replies: 17
Views: 2369

Re: FitnessBank 3% savings with 12,500 daily steps - has anyone heard of them?

The page you linked states “FitnessBank and Affinity Bank are treated as the same entity for the purpose of calculating FDIC insurance limits and deposits.“ I have heard of Affinity bank but have no experience with them. Interesting idea.
by Katietsu
Sat Jul 06, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Best deals on MiFi devices / Hot spot - 4th of July hardware sales?
Replies: 20
Views: 970

Re: Best deals on MiFi devices / Hot spot - 4th of July hardware sales?

I think the iPhone 6s can support 5 tethered devices. Works fine for your intended use. I would look into unlocking your phone if tracphone does not have a plan you like. I think if you have had service for 12 months, they must unlock the phone. Since you are happy with your coverage, Start by findi...
by Katietsu
Sat Jul 06, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Sofa or couch ( an6 difference) for new homeowners
Replies: 25
Views: 1344

Re: Sofa or couch ( an6 difference) for new homeowners

If you are just looking for a standard three seater couch, no sectional and no reclining bits, there is a huge selection of these for less than $500 at all but the “fancy” furniture stores in my area. I was surprised when I went looking. I have contemplated using Wayfair and have had friends who wer...
by Katietsu
Sat Jul 06, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Elderly grandparents moving in with parents; what should they plan for?
Replies: 63
Views: 4806

Re: Elderly grandparents moving in with parents; what should they plan for?

From real life experience: weekly doctor appointments, hard transition especially for “memory problem” person, parents won’t be able to go anywhere together anymore, grandparents won’t ever get better just progressively worse, loss privacy and enjoyment in own home, like bad roommates that don’t ca...
by Katietsu
Sat Jul 06, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Performing frequent ACATS question
Replies: 9
Views: 429

Re: Performing frequent ACATS question

- Brokerages freezing your account because this is not typical behavior. What are you hoping to accomplish? Many brokerage firms frequently offer asset transfer bonuses. The bonuses mostly require that you keep the assets with the new brokerage for a specified time. 6 months seems common but 90 day...
by Katietsu
Fri Jul 05, 2019 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Wealthfront Cash Account Application Asking too many personal questions?
Replies: 39
Views: 3358

Re: Wealthfront Cash Account Application Asking too many personal questions?

I have used the Instant verification process to link bank accounts several times in recent years. Your are not really giving the information to your “new bank”. Your “old bank” must participate in the instant verification service so I do not see how it could be violating their terms of service. Yes,...
by Katietsu
Thu Jul 04, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: my auto insurance went up 100%
Replies: 12
Views: 1695

Re: my auto insurance went up !00%

You have no recourse unless you can convince the insurance company that the accident was not your fault. The good thing is that the rate increase is temporary as long as you maintain a clean driving record. In my case, my insurance would go back down after 24 months. But I think this varies dependin...
by Katietsu
Thu Jul 04, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: How to find senior living options?
Replies: 19
Views: 1851

Re: How to find senior living options?

Area Agencies on Aging were created by the Older Americans Act for the purpose of developing a comprehensive and coordinated plan that assures seniors have access to needed services and programs. I would start by contacting the office in your mother’s area. They might be able to provide a list of fa...
by Katietsu
Wed Jul 03, 2019 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: 30 y/o financial check up. How am I doing? Can I buy a model 3 performance?
Replies: 57
Views: 3820

Re: 30 y/o financial check up. How am I doing? Can I buy a model 3 performance?

After taxes, retirement savings, HSA and rent, you should still have at least 10 k a month. You should have Dad paid off by the end of the year. What else are you spending big bucks on? Hobbies? Going out? Would you rather it be a Tesla? You can a luxury but not all luxuries.
by Katietsu
Wed Jul 03, 2019 2:19 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 4852

Re: 2019 Subaru Forester Eyesight System?

In my experience, most of these systems are not intrusive. I have not driven the Subaru but have experience with a wide variety of safety enabled models. The lane departure is the most likely to interfere but it usually stays off when turned off. When front collision warning and/or auto braking was ...
by Katietsu
Wed Jul 03, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 110
Views: 6475

Re: How to avoid high vet bills?

These Vets are actually scamming the people and, praying on their emotions. I was just In an emergency clinic the lady was yelling at the staff "$1,000 a day for 3 days and my dog died?. I took my cat it in $399 for a routine visit.My brother had a dog with cancer $7,000?? Its $500 for one medicine...
by Katietsu
Wed Jul 03, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6085

Re: Adult son has not controlled credit card overuse!

The go to response here will be Dave Ramsey. Though, having been on BH regularly, I am sure you have seen the discussions on Ramsey. Assuming a smartphone is one of the things your son used his credit card to purchase, the easiest way to get started is probably downloading the daily podcast. I have ...