Search found 56 matches

by grp2c
Sat Oct 20, 2018 2:26 am
Forum: Investing - Help with Personal Investments
Topic: Question Regarding Five Year Rule for Roth IRA Withdrawals (Alan S. Please Help!)
Replies: 24
Views: 2162

Re: Question Regarding Five Year Rule for Roth IRA Withdrawals (Alan S. Please Help!)

I haven't been able to completely review the irs examples, but this Recapture Amount—Allocation Chart states "**Only include any contributions (usually Form 1099-R, box 5) that were taxable to you when made and rolled over to a Roth IRA." So I believe only contributions to Roth 401k prior to convers...
by grp2c
Wed Oct 10, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: No Touch ID on Vanguard's mobile app for Android
Replies: 11
Views: 986

Re: No Touch ID on Vanguard's mobile app for Android

Fidelity App on android does not have touch id either
by grp2c
Wed Oct 10, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Best Checking/ System for Cash Management/ Sweeping?
Replies: 11
Views: 1411

Re: Best Checking/ System for Cash Management/ Sweeping?

I just transferred my checking to Fidelity. With a brokerage account, you can get an atm card, checkbook, and online bill bay. Core position is either SPAXX or FZFXX. At premium level in brokerage account all atm fees are reimbursed. Or there's a cash management account (CMA) which has an FDIC insur...
by grp2c
Sun Jun 10, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k - fidelity vs. vanguard
Replies: 20
Views: 1794

Re: Solo 401k - fidelity vs. vanguard

etrade has an in-plan roth rollover option, but apparently no option for aftertax non-roth contributions that I can see.

https://content.etrade.com/etrade/estat ... an_App.pdf
by grp2c
Fri Jun 08, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k - fidelity vs. vanguard
Replies: 20
Views: 1794

Re: Solo 401k - fidelity vs. vanguard

if you have a cash account at fidelity you can do electronic transfers into the cash account and then an over the phone transfer from the cash account to the solo 401k.
by grp2c
Mon Apr 30, 2018 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting (TLH) for tax-exempt bonds
Replies: 17
Views: 1627

Re: Tax loss harvesting (TLH) for tax-exempt bonds

Per Vanguard summary "Vanguard California Municipal Money Market Fund—designed only for California residents—seeks to provide federal and California state tax-exempt income and preserve shareholders’ principal investment by maintaining a share price of $1 ". Therefore you should not have a capital l...
by grp2c
Mon Apr 09, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Rules on using IRA money for child's education?
Replies: 22
Views: 2529

Re: Rules on using IRA money for child's education?

But for college IRA's are not very effective as even though you won't pay the 10% penalty you will still pay taxes on the earnings (for Roth) and entire withdrawal (traditional) at your marginal tax rate. You can withdrawal your Roth contributions tax and penalty free so there is that option. Ahh. ...
by grp2c
Wed Feb 28, 2018 1:36 am
Forum: Investing - Help with Personal Investments
Topic: How do I unwind this Wealthfront mess?
Replies: 75
Views: 10898

Re: How do I unwind this Wealthfront mess?

I just transferred my wealthfront account to fidelity. I then transferred some of the most highly appreciated stocks to a fidelity donor advised fund. I plan to use the 500 free trades over 2 years to sell all the individual stocks so I only have etfs.

https://rewards.fidelity.com/offers/ATP500free
by grp2c
Fri Feb 23, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Rules on using IRA money for child's education?
Replies: 22
Views: 2529

Re: Rules on using IRA money for child's education?

So since traditional ira and roth ira withdraws to pay for qualified higher education expenses are not subject to the 10% penalty, if you live in a state that does not allow a tax deduction for 529 contributions, given the restrictions on withdraws from a 529 should you choose to plan to use future ...
by grp2c
Thu Feb 08, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Mega /+ backdoor roth instead of 529
Replies: 16
Views: 1239

Re: Mega /+ backdoor roth instead of 529

miamivice, agreed, 529 would allow contributions + earnings to be withdrawn for college education expenses whereas mega/backdoor roth contributions would only allow the basis to be withdrawn if under 59.5. Depending on different individual's situations, a contributing to both a 529 and mega/backdoor...
by grp2c
Thu Feb 08, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Mega /+ backdoor roth instead of 529
Replies: 16
Views: 1239

Re: Mega /+ backdoor roth instead of 529

It is easy to make your ordinary back door non-taxable. Not so easy with the mega back door. Be sure you have a plan that can make that happen. Regarding the mega backdoor roth, just separate the earnings from the contributions. Send contributions to roth ira and earnings to traditional ira. If you...
by grp2c
Thu Feb 08, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Mega /+ backdoor roth instead of 529
Replies: 16
Views: 1239

Re: Mega /+ backdoor roth instead of 529

I was recently thinking about this strategy as well. I don't like the limitations placed on 529 plan withdraws. Currently, I have one previous taxable roth conversion in 2011 and I don't plan to have any taxable conversions in the near future. So following the roth withdraw rules, all my previous ro...
by grp2c
Thu Dec 28, 2017 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: HSA overcontributed by $2
Replies: 7
Views: 1721

Re: HSA overcontributed by $2

this website lists 2 options for dealing with excess contributions.

http://www.hsaedge.com/2016/11/06/how-t ... to-an-hsa/
by grp2c
Wed Dec 27, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: HSA overcontributed by $2
Replies: 7
Views: 1721

Re: HSA overcontributed by $2

this happened to me one year when the benefits department screwed up and over contributed. I found out you can just have the excess applied to the next calendar year. I would call the HSA provider and see if this is an option.
by grp2c
Fri Dec 22, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 141
Views: 12071

Re: Question about pass through income in new tax law

https://www.watsoncpagroup.com/SubS.pdf I'm confused by this example: "If Mr. Slate instead operates as a sole proprietor and earns $500,000 but does not pay any W-2 wages, his deduction is the lessor of 50% of the W-2 wages (or $0 in this example) or 20% of the $500,000. If he paid out $200,000 in ...
by grp2c
Mon Nov 27, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Timing Deadline for After-Tax Contributions??
Replies: 9
Views: 766

Re: Timing Deadline for After-Tax Contributions??

I had this same discussion with my TPA (Pinnacle) for my defined benefit/401k combo plan. Here is the response I received. On your aftertax election form put "after-tax contribution for an amount that is $54,000 - elective deferral up to the 402(g) limitation – your profit sharing contribution. Sinc...
by grp2c
Wed Oct 25, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 282
Views: 43246

Re: New HSA provider Lively offers investments for $30/yr fee

What are you guys going to put your HSA money in TD Ameritrade into? iShares Core S&P Total U.S. Stock Market ETF - ITOT looks like it could be an option at 0.03% ER I'll probably just buy Vanguard Total World Stock ETF and put my bond allocations elsewhere. I figure once a year $6.95 commission is...
by grp2c
Thu Oct 19, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Separate Roth IRA accounts for the backdoor and the mega backdoor?
Replies: 11
Views: 1254

Re: Separate Roth IRA accounts for the backdoor and the mega backdoor?

I live in CA and I plan to use separate roth ira accounts for the backdoor vs the mega backdoor due to differences in creditor protection in CA. Funds in an IRA that are traceable to qualified plans have better creditor protection than regular IRA assets.

https://udirectira.com/592-2rollover/
by grp2c
Thu Oct 12, 2017 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 6908

Re: Anesthesiologist Advise [how to save money]

37 yo socal 1099 anesthesiologist here. OP, I was in your same shoes 5 years ago except with 140k student debt. Excellent advice in some of the posts above. Here's some more advice that I have used: -Ask for an interest free loan from your billing company that is secured against your accounts receiv...
by grp2c
Tue Oct 03, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Alliant/SaveDaily HSA closing and state taxes
Replies: 4
Views: 533

Re: Alliant/SaveDaily HSA closing and state taxes

Sorry I should have explained further. HSA accounts are not tax advantaged in CA with regards to state taxes. CA treats HSA accounts just like a taxable account.
by grp2c
Tue Oct 03, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Alliant/SaveDaily HSA closing and state taxes
Replies: 4
Views: 533

Alliant/SaveDaily HSA closing and state taxes

Alliant credit union is closing their HSA service. Currently my investments with Alliant credit union are held at SaveDaily. Investments will be liquidated and assets will be transferred to Healthequity HSA at the end of the month. I would like to transfer my investments "in kind" to another HSA pro...
by grp2c
Wed Sep 27, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Inverse roth conversion strategy (not roth recharacterization)
Replies: 4
Views: 815

Re: Inverse roth conversion strategy (not roth recharacterization)

So thinking about my strategy some more, I realize that moving aftertax money into pretax may not be advantageous in the long run due to the mechanics of the DB plan. However, moving taxable money into pretax or aftertax space probably is. Currently, I plan to max out the pretax and aftertax space w...
by grp2c
Tue Sep 26, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: Inverse roth conversion strategy (not roth recharacterization)
Replies: 4
Views: 815

Re: Inverse roth conversion strategy (not roth recharacterization)

Thank you. Yes your analysis simplifies the decision on whether to use roth or taxable assets to fund pretax contributions. I agree with figuring out the cash flow so I'm not contributing to the roth just to remove the assets the following year to fund the pretax account. The challenge I might face ...
by grp2c
Tue Sep 26, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: Inverse roth conversion strategy (not roth recharacterization)
Replies: 4
Views: 815

Inverse roth conversion strategy (not roth recharacterization)

I have been maxing out my solo 401k consistently every year, so I am in the process of setting up a defined benefit + 401k combo plan which allows aftertax non roth contributions along with in-service distributions (mega backdoor roth ira). This along with a backdoor roth and HSA is probably the hol...
by grp2c
Mon Jul 03, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: Best Playstation 4 Games for Beginners?
Replies: 28
Views: 5195

Re: Best Playstation 4 Games for Beginners?

+1 on the uncharted series and last of us. I don't own a PS. I just borrowed a friend's PS and those are the only games I played. I don't like overly complicated games.
by grp2c
Fri Jun 16, 2017 2:19 pm
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 85
Views: 10797

Re: AAA Cost

anyone try the roadside dispatch benefit offered by visa

https://usa.visa.com/support/consumer/c ... its.html#2
by grp2c
Sun Jun 04, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor via Solo 401k
Replies: 14
Views: 1385

Re: Backdoor via Solo 401k

Spirit Rider wrote: There is a workaround.

You can open a Fidelity Cash Management account in the name of the business. Then you can ACH funds into that account and make Self-employed 401k contributions by phone from the businesses Cash Management account.

This is exactly what I do.
by grp2c
Sun Jun 04, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Mobile phone SIM advice for multiple countries in Europe
Replies: 30
Views: 2840

Re: Mobile phone SIM advice for multiple countries in Europe

+1 for project fi. It worked fairly well in iceland. If you just need wifi calling you could check out republic wireless.
by grp2c
Sun Jun 04, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: New laptop needed, any ideas?
Replies: 24
Views: 2633

Re: New laptop needed, any ideas?

I have a macbook air currently. If you mainly use your computer to browse the internet and/or light word processing you could probably get away with just having a chromebook with google drive. I just ordered a samsung chromebook pro.
by grp2c
Fri Sep 16, 2016 12:27 am
Forum: Personal Consumer Issues
Topic: Favorite Coffee
Replies: 147
Views: 15167

Re: Favorite Coffee

Joshua tree coffee company. the 1st roast.

http://jtcoffeeco.com/
by grp2c
Fri Jul 15, 2016 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401K Question
Replies: 4
Views: 433

Re: Solo 401K Question

I have a fidelity solo 401k and I am happy with it. I invest in fidelity index funds (previously spartan funds) in the account. Fidelity just lowered the expense ratios on their index funds. I use vanguard and schwab etfs to tax loss harvest in my taxable account. It's nice that the fidelity funds t...
by grp2c
Tue Jun 28, 2016 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Does a mortgage loan officer have a fiduciary duty?
Replies: 3
Views: 794

Re: Does a mortgage loan officer have a fiduciary duty?

I would be more upset about them missing the deadline. But, it sounds like that's not an issue. Definitely, frustrated with the missed deadline as well. Fortunately, the sellers are not pushing to remove the contingency. Did read that mortgage brokers have a fiduciary duty but it doesn't seem that ...
by grp2c
Tue Jun 28, 2016 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Does a mortgage loan officer have a fiduciary duty?
Replies: 3
Views: 794

Does a mortgage loan officer have a fiduciary duty?

I'm buying a house right now and I'm in escrow. BOA mortgage loan officer told the sellers agent that the appraisal came back higher than the agreed purchase price and BOA failed to deliver the loan commitment letter by the agreed upon deadline. Both of these actions put me in a worse position regar...
by grp2c
Sat Apr 30, 2016 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: landlord problem
Replies: 29
Views: 3724

Re: landlord problem

review your lease contract. In california there is "an implied warranty of habitability in all rental agreements" I was renting an apt. that had a significant mold problem, so I broke the lease and moved out.

http://www.dca.ca.gov/publications/land ... tenant.pdf
by grp2c
Mon Jan 25, 2016 6:43 pm
Forum: Personal Consumer Issues
Topic: Planning South Africa trip in August with young children
Replies: 14
Views: 1355

Re: Planning South Africa trip in August with young children

How close were you to the larger animals? If they were distant, I worry my kids will be disengaged. I was just in Chobe in Botswana and felt they were often a bit too distant, at least compared to what I'v experienced in east Africa. We had lions, hyenas, giraffe, elephant, buffalo, leopard, wild d...
by grp2c
Sun Jan 24, 2016 4:51 pm
Forum: Personal Consumer Issues
Topic: Planning South Africa trip in August with young children
Replies: 14
Views: 1355

Re: Planning South Africa trip in August with young children

I went to South Africa last sept on my honeymoon for 3 weeks. We had an amazing time. We flew into Joburg and then drove to North Kruger. We alternated staying at private lodges and rest camps over 12 days driving south through Kruger. We then drove back to Joburg and flew to Port Elizabeth. We stay...
by grp2c
Wed Jan 20, 2016 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard fund HSA Administrators - Reccomendations?
Replies: 4
Views: 838

Re: Vanguard fund HSA Administrators - Reccomendations?

I have my HSA at alliant credit union. Anything over $1000 can be invested in vanguard funds which is managed by a 3rd party company called Save Daily. It's $5.95/mon.
by grp2c
Mon Jan 18, 2016 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: CMF (CA Muni Bond ETF) vs VCADX (CA Muni Bond Fund)
Replies: 3
Views: 918

CMF (CA Muni Bond ETF) vs VCADX (CA Muni Bond Fund)

I live in CA and I'm in a high tax bracket. I'm trying to grow my bond allocation into my taxable account with CA muni bonds. Ultimately, I'm doing this as a strategy to save for a home downpayment as I mentioned in this post: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=134780&p=1988488#p1...
by grp2c
Tue Apr 28, 2015 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Own Occ Disability Insurance
Replies: 29
Views: 5812

Re: Physician Own Occ Disability Insurance

Read the disability articles at whitecoatinvestor.com definitely some excellent articles on his website. When researching DI a few years ago I learned there's can be wide variation in DI policies b/w states. In California, I thought guardian and standard were the strongest. Ultimately, I went with ...
by grp2c
Mon Dec 08, 2014 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Rule violation Opinion b/w taxable and nontaxable
Replies: 10
Views: 2040

Re: Wash Rule violation Opinion b/w taxable and nontaxable

IRAs are counted when determining wash sales although of course you need substantially identical securities purchased within the exclusion period to have a problem. The definition of substantially identical is what I wonder about. Would IRS consider this a wash sale? Selling $1000 VTI in taxable an...
by grp2c
Sun Dec 07, 2014 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Rule violation Opinion b/w taxable and nontaxable
Replies: 10
Views: 2040

Re: Wash Rule violation Opinion b/w taxable and nontaxable

Yes by nontaxable I meant my solo 401k and roth ira
by grp2c
Sat Dec 06, 2014 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Rule violation Opinion b/w taxable and nontaxable
Replies: 10
Views: 2040

Re: Wash Rule violation Opinion b/w taxable and nontaxable

Thanks. what does it use for replacement shares of VTI, VEA, and VWO? ETF pairs Us stocks - VTI and SCHB Foreign stocks - VEA and SCHF Emerging markets - VWO and IEMG Dividend Stocks - VIG and SCHD Natural Resources - DJP and VDE TIPS - SCHP and VTIP Municipal Bonds - MUB and TFI https://www.wealthf...
by grp2c
Sat Dec 06, 2014 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Rule violation Opinion b/w taxable and nontaxable
Replies: 10
Views: 2040

Wash Rule violation Opinion b/w taxable and nontaxable

Currently, I use fidelity spartan funds for my solo 401k and roth ira accounts and wealthfront with daily tax loss harvesting to create Ferri's core four portfolio across all accounts. I do this to help prevent a wash rule violation. They are different etfs/mutual funds following different indices b...
by grp2c
Wed Nov 19, 2014 3:28 pm
Forum: Investing - Theory, News & General
Topic: "Schwab Intelligent Portfolios"
Replies: 63
Views: 15877

Re: "Schwab Intelligent Portfolios"

I'm assuming their TLH algorithm will work similar to Betterment/Wealthfront. I'm interested in what TLH etf pairs they will use to represent the same asset class. I have my taxable portfolio at wealthfront now. Much of the portfolio is in schwab etfs, so I might look to do an in-kind transfer when ...
by grp2c
Thu Oct 16, 2014 4:33 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront updates tax loss harvesting software
Replies: 11
Views: 1710

Wealthfront updates tax loss harvesting software

https://blog.wealthfront.com/tax-loss-harvesting-improvements-intelligent-recovery-predictive-deposits/?mkt_tok=3RkMMJWWfF9wsRonua3MZKXonjHpfsX86u0oWLHr08Yy0EZ5VunJEUWy2YABSdQ%2FcOedCQkZHblFnVsAS62nVrUNqaQF On their updated whitepaper they state, "We will then hold that alternative ETF in your portf...
by grp2c
Tue Oct 14, 2014 5:54 pm
Forum: Personal Consumer Issues
Topic: What services like Amazon Prime do you share to save?
Replies: 17
Views: 3080

Re: What services like Amazon Prime do you share to save?

kindle ebooks can be downloaded on 2 different kindles. just log in on both and download to device. I haven't tried more than 2 devices.

also google play music. but I think it only allows one device to stream music at a time.
by grp2c
Sun Oct 12, 2014 3:19 pm
Forum: Investing - Theory, News & General
Topic: My 30-day trial experience with Betterment
Replies: 84
Views: 24631

Re: My 30-day trial experience with Betterment

But I don't entirely see how that helps for bid/ask spread in TLH. Theoretically if your account needs TLH, other accounts will also need TLH from the same securities, so this actually makes the bid-ask spread worse because there's so many people trying to sell the primary and buy the secondary. (A...
by grp2c
Sun Oct 12, 2014 2:39 pm
Forum: Investing - Theory, News & General
Topic: Betterment launches tax loss harvesting
Replies: 31
Views: 9902

Re: Betterment launches tax loss harvesting

1. Lets assume i have both taxable and roth ira with bettement, will they do the rebalancing in ira taking both the accounts in perspective thus not incurring any gains in taxable. I usually prefer not to have any taxable gains now(during working years) 2. Also will they account for external invest...
by grp2c
Tue Sep 30, 2014 11:48 pm
Forum: Investing - Theory, News & General
Topic: My 30-day trial experience with Betterment
Replies: 84
Views: 24631

Re: My 30-day trial experience with Betterment

Regarding the bid/ask spread. https://www.betterment.com/resources/research/etf-portfolio-selection-methodology/ Betterment states "While Betterment customers often only pay a fraction of the bid-ask spread due to our vertical integration, minimizing these costs is still beneficial to an efficient p...