Search found 5319 matches

by dodecahedron
Tue Sep 29, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Plan Rollover to Roth IRA Question
Replies: 4
Views: 218

Re: Retirement Plan Rollover to Roth IRA Question

Sorry if I did not provide enough detail. She has an ERISA-regulated retirement plan through her previous employer in which she is fully vested. We would like to move the money from that plan to her Roth IRA, but are unable to do a direct rollover since our income is too high. Ever since 2010, ther...
by dodecahedron
Mon Sep 28, 2020 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you pay for healthcare (50-65 year olds)
Replies: 69
Views: 6308

Re: How much do you pay for healthcare (50-65 year olds)

You should also know that the ACA keeps premiums low for 50-65 year olds by limiting the difference in premium charges based on age. This is true even on the open market. Even better for the OP, in some states (e.g., NY, which is mine), state law forbids any age-related premium differences. All adu...
by dodecahedron
Mon Sep 28, 2020 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Amended Return
Replies: 2
Views: 157

Re: 2018 Amended Return

Hello All, I had a few changes made to my 2018 return and after my initial filing my accountant did the amended. It was received on March 19, 2019. It had to be reviewed by an agent due to the complexity of the changes and I have yet to receive the refund I am due. I was working with an agent who w...
by dodecahedron
Mon Sep 28, 2020 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4825
Views: 925059

Re: What's Your Credit Card Rewards Strategy?

For a couple years now, I’ve been using three BofA Cash Rewards cards, and one BofA Travel rewards card, all no annual fee cards, and I get these rewards, all in monthly effective cash back: - 5.25% on dining/bars - 5.25% on travel - 5.25% on online - 3.5% on groceries (including Costco!) - 2.625% ...
by dodecahedron
Thu Sep 24, 2020 2:52 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3101

Re: Bogleheads knows how many Echo devices I have

Out of curiosity, I just tried asking the same question and got the following response: "Here's something I found on the Web: according to Bogleheads.org, you have three Echo devices." In fact, I have five Echo devices physically located in my home but one is still in the box (unopened) and another ...
by dodecahedron
Wed Sep 23, 2020 11:39 am
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 238
Views: 15047

Re: Is Costco worth the $120 membership?

Good question. There is no Costco in our area (yet!) but there is one under construction. I think if you live close to one and have a large family and like their products, it might be worth it. When I visit a relative who is a member in another state, I usually go with her and have been impressed by...
by dodecahedron
Tue Sep 22, 2020 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: BofA Premium Rewards 5.25% Categories?
Replies: 23
Views: 1309

Re: BofA Premium Rewards 5.25% Categories?

We do not (yet!) have a Costco around here, unfortunately. We also do not (yet!--hope springs eternal) have a Wegman's and they also offer online giftcards. Several regional supermarket chains that operate here do offer online giftcards (Of these, Hannaford is my favorite and most convenient, but S...
by dodecahedron
Tue Sep 22, 2020 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: BofA Premium Rewards 5.25% Categories?
Replies: 23
Views: 1309

Re: BofA Premium Rewards 5.25% Categories?

Two additional notes: (1) Many folks get around the $2,500/quarter spend limit by having multiple Cash Rewards cards. I have two CR cards (and collected a $200 bonus for opening each one.) With no annual fee, there is no reason to have just one and it gives you more flexibility on the categories. Y...
by dodecahedron
Tue Sep 22, 2020 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: BofA Premium Rewards 5.25% Categories?
Replies: 23
Views: 1309

Re: BofA Premium Rewards 5.25% Categories?

(2) If your grocery store(s) of choice offer gift cards that can be purchased and reloaded on-line, it is easy to get 5.25% on groceries by choosing the online category. My most convenient grocery store offers this. So which grocery stories offer ability to buy and reload gift cards ? Please share ...
by dodecahedron
Tue Sep 22, 2020 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: Should I leave my job?
Replies: 207
Views: 15799

Re: Physicians: Should I leave my job?

We don’t begrudge computer IT folks, lawyers, or business folk etc from getting paid what they are worth relative to how much money they are bringing in, why are people finding his behavior troubling? It's funny. In any other profession, the professional sets their fee upfront and it is paid. When ...
by dodecahedron
Tue Sep 22, 2020 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: Should I leave my job?
Replies: 207
Views: 15799

Re: Physicians: Should I leave my job?

I'm aware of the payor mix and the billing to collections ratio, and it's quite favorable for the system! If you are aware of the payor mix and billing to collection ratio, then I am sure the third-party payors are also very much aware. And they are likely to drive harder bargains in these exceptio...
by dodecahedron
Tue Sep 22, 2020 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Physicians: Should I leave my job?
Replies: 207
Views: 15799

Re: Physicians: Should I leave my job?

I'm aware of the payor mix and the billing to collections ratio, and it's quite favorable for the system! If you are aware of the payor mix and billing to collection ratio, then I am sure the third-party payors are also very much aware. And they are likely to drive harder bargains in these exceptio...
by dodecahedron
Tue Sep 22, 2020 9:20 am
Forum: Personal Finance (Not Investing)
Topic: BofA Premium Rewards 5.25% Categories?
Replies: 23
Views: 1309

Re: BofA Premium Rewards 5.25% Categories?

According to that Doctor of Credit link the cash rewards card maxes out at 5.25% for gas (not groceries), 3.5% for grocery stores and wholesale clubs, and 1.75% on everything else with a limit of $2500/quarter spend on gas/groceries. Looking at the BofA link, this seems to be out of date. Now it's ...
by dodecahedron
Tue Sep 22, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: BofA Premium Rewards 5.25% Categories?
Replies: 23
Views: 1309

Re: BofA Premium Rewards 5.25% Categories?

...can be changed monthly for the following month... Are you sure? I thought you could only change it once per calendar month, but the change took effect immediately. No, I'm not sure. From https://www.bankofamerica.com/credit-cards/products/cash-back-credit-card/cash-back-category-choices/ with th...
by dodecahedron
Tue Sep 22, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Physicians: Should I leave my job?
Replies: 207
Views: 15799

Re: Physicians: Should I leave my job?

Are you sure the hospital bills you out at $12M? Most treatments are a combination of professional fees and facility fees, and just looking at a recent bill, it's almost 1:10. Most health systems actually lose money on the professional side but make it up on the facility side. Before you pursue you...
by dodecahedron
Fri Sep 18, 2020 2:39 pm
Forum: Personal Investments
Topic: Moving Roth IRA from TIAA to Vanguard
Replies: 9
Views: 557

Re: Moving Roth IRA from TIAA to Vanguard

I agree that the asset allocation you describe can be achieved more cheaply and more service satisfaction, with Vanguard than with a TIAA Roth IRA. I happen to personally like TIAA Traditional at 3% during an extended period of low interest rates, but your tiny allocation indicates that it will be ...
by dodecahedron
Fri Sep 18, 2020 2:30 pm
Forum: Personal Investments
Topic: Moving Roth IRA from TIAA to Vanguard
Replies: 9
Views: 557

Re: Moving Roth IRA from TIAA to Vanguard

Note that the comment about "over the phone" refers to your own actions, not TIAA's. All fin serv companies drag their feet about transferring assets. So you should not expect instant results from your phone call to Vanguard. Definitely do not expect instant results. I initiated a transfer of a Rot...
by dodecahedron
Fri Sep 18, 2020 1:17 am
Forum: Personal Consumer Issues
Topic: Online Resources for Learning Physics (AP Physics / High School)
Replies: 14
Views: 918

Re: Online Resources for Learning Physics (AP Physics / High School)

The Mechanical Universe, a PBS classic 52-part series my homeschool daughters enjoyed years ago on videotape is now on youtube.

https://www.youtube.com/playlist?list=P ... dk-XGtA5cZ
by dodecahedron
Mon Sep 14, 2020 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Part D Medicare
Replies: 15
Views: 1070

Re: Part D Medicare

If she does not know how to research the formularies online, she may want to enlist the help of an insurance broker. Highly recommend this strategy. I consider myself fortunate to have an extremely astute and ethical insurance broker who stays up to date on all the ins and out of the various Part D...
by dodecahedron
Sat Sep 12, 2020 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: is it time to pay off my 2.375% mortgage?
Replies: 39
Views: 3604

Re: is it time to pay off my 2.375% mortgage?

1. pay off the house? (pros: increase the chance of son getting financial aid, no mortgage interest, cons: no money to buy Roth IRA, less flexibility) Can't you use the money that would otherwise have gone to paying your monthly mortgage to finance your contributions to your Roth IRA? We plan to ta...
by dodecahedron
Sat Sep 12, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: is it time to pay off my 2.375% mortgage?
Replies: 39
Views: 3604

Re: is it time to pay off my 2.375% mortgage?

No crystal ball here, but home equity is treated far more favorably by college financial aid formulas than other assets. If your jobs are secure (big question in this day and age of COVID instability), I might consider paying it off. I would NOT, however, regard your HELOC as a "backup emergency fun...
by dodecahedron
Thu Sep 10, 2020 1:03 pm
Forum: Personal Investments
Topic: Best Use of Roth Space?
Replies: 17
Views: 1272

Re: Best Use of Roth Space?

Do you believe in asset allocation, modern portfolio theory, and rebalancing? You can only add so much per year into your Roth IRA. If you put all bonds into your Roth, or all stocks, how will you rebalance when that asset category takes a hit? You could: (a) hold lots of cash in your Roth for reba...
by dodecahedron
Thu Sep 10, 2020 12:48 pm
Forum: Personal Investments
Topic: Best Use of Roth Space?
Replies: 17
Views: 1272

Re: Best Use of Roth Space?

jimmyrules712 wrote: Thu Sep 10, 2020 11:30 am Between a Roth and a taxable account I would prioritize the Roth for the least tax efficient funds (REITs, high dividend stock funds, bonds, etc.).
Agreed, but it appears that the OP does not have a taxable account, just a 457 and a Roth IRA so this would be a moot issue for him.
by dodecahedron
Thu Sep 10, 2020 11:38 am
Forum: Personal Investments
Topic: Best Use of Roth Space?
Replies: 17
Views: 1272

Re: Best Use of Roth Space?

I don't think it matters myself. Some folks believe that a Roth IRA should have the riskiest funds in it because those will have the highest expected gains and the gains are tax free. OTOH, the riskiest funds will also have the highest expected losses and one will not be able to get a tax benefit f...
by dodecahedron
Thu Sep 10, 2020 11:23 am
Forum: Personal Investments
Topic: Best Use of Roth Space?
Replies: 17
Views: 1272

Re: Best Use of Roth Space?

So here is the specific question: would it make sense to change one (or both) Roth IRA(s) to a total market index fund? Only if you want to. If you do not tax-adjust your portfolio and if all other things are equal, putting stock funds in Roth as opposed to bond funds might be the better choice bec...
by dodecahedron
Mon Sep 07, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: About to lose my job - How do I prepare
Replies: 18
Views: 5088

Re: About to lose my job - How do I prepare

8. If you have HSA claims to file, do so now. If any awaiting approval, follow up now and submit appropriate documentation as needed. Keep copies of all such documents you submit. No hurry whatsoever on HSA (Health Savings Account) claims. OP can roll his HSA wherever he pleases and take years on f...
by dodecahedron
Sun Sep 06, 2020 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Rice & Beans [limiting food expenses]
Replies: 96
Views: 13930

Re: Rice & Beans [limiting food expenses]

Wife and I have saved thousands of dollars (and invested them) by not eating out. We make such great food now that restaurant food had better be top notch to meet our expectations. My late husband *loved* taking me out to eat at a wide variety of places. Once, back in December 2008, we even had a s...
by dodecahedron
Sun Sep 06, 2020 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: What is PenFed good at?
Replies: 77
Views: 5528

Re: What is PenFed good at?

They're great at working the rules and regulations of the industry. Pretty amazing that they can claim to be a credit union (and therefore pay no federal taxes) while literally being able to accept anyone. They don't have a defined field of membership, yet are able to dodge both taxes AND the tough...
by dodecahedron
Sat Sep 05, 2020 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America free payroll service (in CA)
Replies: 17
Views: 1191

Re: Bank of America free payroll service (in CA)

My wife and I are looking for ways to cut the cost of her payroll services for her S-corp, which are currently provided by Paychex at an annual cost of around $825. She's already a Bank of America customer, and I've seen recommended several times on here BofA's free payroll service: https://www.ban...
by dodecahedron
Wed Sep 02, 2020 9:16 am
Forum: Personal Investments
Topic: Confused here in MA
Replies: 55
Views: 4591

Re: Confused here in MA

LifeBites wrote: Wed Sep 02, 2020 6:13 am Another thing Outer Marker, do I need to pay off the equity line too?? 35k?? or just the my credit cards equaling 10k??
What is the interest rate on the $35K balance on your equity line?
by dodecahedron
Wed Sep 02, 2020 9:11 am
Forum: Personal Investments
Topic: Confused here in MA
Replies: 55
Views: 4591

Re: Confused here in MA

Welcome! You have found a good place. I am sorry for your loss and empathize with your situation. I discovered this forum shortly after losing my husband seven years ago and it has been a great source of reliable information. You did not mention how long ago you were widowed. That is important for t...
by dodecahedron
Mon Aug 31, 2020 11:14 am
Forum: Personal Investments
Topic: Help me understand RMDs on a Roth 457
Replies: 8
Views: 552

Re: Help me understand RMDs on a Roth 457

To avoid Roth 457 RMDs you must roll the plan over to your Roth by the later of: 1) The end of the year you will reach 71. 2) If still working for the same employer in whose plan you hold your Roth 457 balance , the end of the year prior to the year in which you retire. Since your Roth IRA will be ...
by dodecahedron
Sun Aug 30, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: What do Americans really do about cable and homeowners insurance?
Replies: 51
Views: 4462

Re: What do Americans really do about cable and homeowners insurance?

For insurance, for the past six years I have been with an independent agent who shops around on my behalf among multiple carriers for the best deal for my needs. Family-owned business that has been in operation for over 125 years, I personally know the owner and my account rep (the latter since he w...
by dodecahedron
Sun Aug 30, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Why top off your 401k in the year of retirement?
Replies: 9
Views: 1089

Re: Why top off your 401k in the year of retirement?

In several places, it was suggested that you top off your 401k contributions in the year of retirement even if it is just a few months, i.e., use all the pre-tax space. If you have to withdraw money from your 401k for living expenses that year, or if your income of that year is low, then this sugge...
by dodecahedron
Sun Aug 30, 2020 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity sent information packet about my Solo 401k to my wife
Replies: 28
Views: 3334

Re: Fidelity sent information packet about my Solo 401k to my wife

With more thought, I agree that it's more likely a mistake. Her name is first on the one joint account we have with them and therefore on the household mailings (as reflected in the order our names are listed at the top). The mistake would be in preparing the letters, the salutation was to the firs...
by dodecahedron
Thu Aug 27, 2020 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One credit card limit reduced
Replies: 38
Views: 2904

Re: Capital One credit card limit reduced

You got off easy. They just cancelled mine for non use. Said I haven't used it in a year. Heck, to be honest I forgot I had it and probably didn't use it for that long. Oh well. My Capital One also got cancelled years ago for nonuse several years ago. It was by far my oldest card, got it right afte...
by dodecahedron
Thu Aug 27, 2020 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 688
Views: 161719

Re: Bank of America/Merrill Edge - Preferred Rewards

Does anyone know if BoA categorizes Amazon Fresh payments as Online Shopping or as Grocery/Wholesale for the category spend bonus? I don't know for sure but strongly suspect it is online shopping. If I order groceries online from local grocer or from Target, it counts as Online for BoA Cash Rewards...
by dodecahedron
Thu Aug 27, 2020 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Pre-tax contribution to ACA HSA
Replies: 7
Views: 304

Re: Pre-tax contribution to ACA HSA

When you file taxes - Form 8889 Health Savings Accounts (HSAs). Your contribution is deducted from your income. furwut, In summary, your taxable income and even more importantly your AGI is also reduced! is reduced regardless of whether the money is from wages and/or someplace else. And, that lower...
by dodecahedron
Thu Aug 27, 2020 8:29 am
Forum: Investing - Theory, News & General
Topic: "Bank of XOM versus 'risk-free treasuries'" since 2009
Replies: 59
Views: 5272

Re: "Bank of XOM versus 'risk-free treasuries'" since 2009

Lots of folks around Schenectady (GE workers and retirees) were counting on the Bank of GE. Perfect storm, since GE stock has tanked, GE has cut jobs and shuttered facilities. GE filed for property tax abatements on their shuttered properties, hurting local government coffers. GE job cutbacks have d...
by dodecahedron
Thu Aug 27, 2020 6:54 am
Forum: Personal Consumer Issues
Topic: PSA: switch to LED light bulbs and save hundreds per year
Replies: 171
Views: 11651

Re: PSA: switch to LED light bulbs and save hundreds per year

My porch light is LED and is on all 24/7/365 Put a light sensor on it, then at least it would be off in daylight. My porch and outdoor lights are LED *and* have motion sensors as well as light sensors. Less unnecessary light pollution for starviewing while reclining in a chair on my stone terrace, ...
by dodecahedron
Tue Aug 25, 2020 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Continue On Employer’s Health Plan (HSA) After Age 70, or Medicare?
Replies: 26
Views: 1865

Re: Continue On Employer’s Health Plan (HSA) After Age 70, or Medicare?

A lot of mention of medicare advantage plans. The biggest downside is that once you choose a MA plan, you can not go back to traditional medicare except in limited circumstances without medical underwriting for the supplement. So, you may be on a great MA plan. But 15 years later, the landscape of ...
by dodecahedron
Mon Aug 24, 2020 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Tax Implications NY Vs. CT. Anything Different?
Replies: 4
Views: 330

Re: Retirement Tax Implications NY Vs. CT. Anything Different?

Social security is not taxed in NY and NY exempts up to 20k of pension income from taxation. CT is a gross income taxation state. NY allows itemized deduction. CT highest tax rate is lower than NY Also NY exempts all govt pension income from taxes, unlimited in amount. So e.g. if someone has a govt...
by dodecahedron
Sun Aug 23, 2020 8:55 pm
Forum: Investing - Theory, News & General
Topic: A Plea for Ordinary English
Replies: 128
Views: 10035

Re: A Plea for Ordinary English

"Algorithm", "Arbitrage", "Alpha", "Beta", "Bell Curve", and "Systematic Risk" seem accessible enough to me. Almost all of words on Taylor´s list all seem accessible enough to me , but I have extensive training and professional experience in statistics, econometrics, and finance, so I would not pre...
by dodecahedron
Sun Aug 23, 2020 4:33 pm
Forum: Personal Consumer Issues
Topic: Vacationing safely in the era of Covid - How did you do it?
Replies: 124
Views: 9629

Re: Vacationing safely in the era of Covid - How did you do it?

Staycation and walks in nature nearby and reading for me. I have a household member in a high risk job. Neither of us going anywhere for the moment. Prevalence rates are currently very low here, but that may change. Fortunately live in a very big home with lovely outdoor space. Have upgraded HVAC to...
by dodecahedron
Sun Aug 23, 2020 4:23 pm
Forum: Personal Consumer Issues
Topic: Vacationing safely in the era of Covid - How did you do it?
Replies: 124
Views: 9629

Re: Vacationing safely in the era of Covid - How did you do it?

My issue with this coverage is that I wonder how we'd necessarily know? When you have ~60 people gather at a church for choir practice, and ~30 of them a week later come down with something, it's pretty easy for the locals to put two and two together and interview people to find the source of the c...
by dodecahedron
Sun Aug 23, 2020 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Cousin died He did not leave a will
Replies: 85
Views: 11266

Re: Cousin died He did not leave a will

If I were you and I thought I was an heir and that I might inherit something, I would do one of the following: 1. Volunteer to be the executor. 2. Recruit someone to be the executor, if thought that was best. 3. Ask the presiding probate court to get on with it and choose an executor. If you have a...
by dodecahedron
Sun Aug 23, 2020 2:40 pm
Forum: Investing - Theory, News & General
Topic: Current state of TIPS market
Replies: 41
Views: 2849

Re: Current state of TIPS market

The way TIPS buyers lose is by inflation coming in lower than breakevens currently priced in. Which is what I suspect will happen. This is the primary reasons TIPS have underperformed nominals for 20 years, inflation keeps underperforming. I do own TIPS and have wanted to add to them but negative y...
by dodecahedron
Sun Aug 23, 2020 2:33 pm
Forum: Investing - Theory, News & General
Topic: Current state of TIPS market
Replies: 41
Views: 2849

Re: Current state of TIPS market

The way TIPS buyers lose is by inflation coming in lower than breakevens currently priced in. Which is what I suspect will happen. This is the primary reasons TIPS have underperformed nominals for 20 years, inflation keeps underperforming. I do own TIPS and have wanted to add to them but negative y...
by dodecahedron
Sun Aug 23, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Cousin died He did not leave a will
Replies: 85
Views: 11266

Re: Cousin died He did not leave a will

OP. What would make you think the cousin who has the keys will share, if there is any money in the first place to share, part of the 280k w/you? Indeed. If I were the cousin with the keys who used to check in on the deceased while he was alive, I would look very skeptically at this other cousin (th...
by dodecahedron
Sun Aug 23, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: My experience with BoA / Merrill Edge
Replies: 18
Views: 1863

Re: My experience with BoA / Merrill Edge

I'd encourage you to hang in the for the transfer bonus (and reward cards upside). Once you have harvested those things, then consider moving all but $100K elsewhere. Having said that, I can't help but think given the number of different accounts you need to move that you'll encounter some hassles ...