Search found 5106 matches

by HueyLD
Fri Nov 24, 2017 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Screwed Up My Cost Basis - FIFO Instead of Spec ID
Replies: 7
Views: 705

Re: Vanguard Screwed Up My Cost Basis - FIFO Instead of Spec ID

Noobvestor,

Is your account the old mutual fund only account or the "new and improved" brokerage account?
by HueyLD
Fri Nov 17, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2633

Re: Risks of Non-ACA Compliant Health Insurance?

Do you have access to employer provided insurance in the near future?

If not, can you get a job that pays very little, but provides relatively good insurance coverage?

I feel your pain.
by HueyLD
Sun Nov 12, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Paying off Home mortgage, partner doubts?
Replies: 40
Views: 2918

Re: Paying off Home mortgage, partner doubts?

Kind of weird question.. Would a typical BH homeowner inform wife that you will be paying off mortgage? I do plan to inform her after few months .. Her reasons 1) everyone has a mortgage, 2) you can get more RoR on other investments (mortgage is 3% with 10 yrs remaining), 3) can save as down paymen...
by HueyLD
Sat Nov 11, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Risk of all eggs in one (brokerage) basket
Replies: 14
Views: 1723

Re: Risk of all eggs in one (brokerage) basket

At the same time, perhaps you should also take a look at this thread: https://www.bogleheads.org/forum/viewtopic.php?t=228799 It's always possible that something could go wrong with your specific account, either by fraud or perhaps just by an error. Even if you eventually manage to get it back, dep...
by HueyLD
Wed Nov 08, 2017 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Eye Doctor $30 to get your Rx? Is this normal?
Replies: 78
Views: 5346

Re: Eye Doctor $30 to get your Rx? Is this normal?

...Yes this is normal. Every single ophthalmologist that I'm aware of charges for refractions... I don't think you read the original post. The refraction had already been done. The $30 charge was assessed in the optical shop as the cost of giving her the prescription that the shop already had. That...
by HueyLD
Tue Nov 07, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Amortize Premium Munis to Call Date or Maturity Date?
Replies: 18
Views: 1069

Re: Amortize Premium Munis to Call Date or Maturity Date?

I need to clarify the following. If a premium bond is sold before maturity or call date, the unamortized premium up to the date of sale is part of the basis (adjusted book value) before sale and the difference between the market value and the adjusted book value is the gain or loss. That's what I sh...
by HueyLD
Tue Nov 07, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Amortize Premium Munis to Call Date or Maturity Date?
Replies: 18
Views: 1069

Re: Amortize Premium Munis to Call Date or Maturity Date?

You can try to look at Pub. 550, but I don't think it is obvious there. What I stated above is basically an accounting 202 subject. Sorry it is too advanced to be 101. As with almost everything, there are always exceptions. One exception is for a bond with a clearly stated redemption date ahead of t...
by HueyLD
Tue Nov 07, 2017 10:31 am
Forum: Investing - Theory, News & General
Topic: Amortize Premium Munis to Call Date or Maturity Date?
Replies: 18
Views: 1069

Re: Amortize Premium Munis to Call Date or Maturity Date?

When a bond is called, it is similar to when a bond is sold before maturity. At which time, you write off the unamortized premium.

This is not anything new.
by HueyLD
Tue Nov 07, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Any Big Fidelity Brokerage Bonuses?
Replies: 7
Views: 1162

Re: Any Big Fidelity Brokerage Bonuses?

euroswiss wrote:
Tue Nov 07, 2017 10:02 am
Update: just heard from Fidelity that their cash incentives are back ($2500 for $1000000 Transfer going up to $5000 for 5 mil)

https://rewards.fidelity.com/offers/cashdepositbonus
It is obvious that Fido wants millionaires. No more cash bonus for little Joe's.
by HueyLD
Tue Nov 07, 2017 9:22 am
Forum: Investing - Theory, News & General
Topic: Amortize Premium Munis to Call Date or Maturity Date?
Replies: 18
Views: 1069

Re: Amortize Premium Munis to Call Date or Maturity Date?

The IRS says: "For bonds issued after September 27, 1985, you must amortize bond premium using a constant yield method on the basis of the bond's yield to maturity, determined by using the bond's basis and compounding at the close of each accrual period." Fidelity does it according to the IRS guidan...
by HueyLD
Tue Nov 07, 2017 6:14 am
Forum: Investing - Theory, News & General
Topic: Amortize Premium Munis to Call Date or Maturity Date?
Replies: 18
Views: 1069

Re: Amortize Premium Munis to Call Date or Maturity Date?

In the year a bond is called, the remaining premium is amortized down to zero.

And Schwab should provide that information on their tax reporting forms.
by HueyLD
Mon Nov 06, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple direct 401(k) rollovers in same calendar year?
Replies: 8
Views: 528

Re: Multiple direct 401(k) rollovers in same calendar year?

According to the IRS: Beginning in 2015, you can make only one rollover from an IRA to another (or the same) IRA in any 12-month period, regardless of the number of IRAs you own (Announcement 2014-15 and Announcement 2014-32). The limit will apply by aggregating all of an individual’s IRAs, includin...
by HueyLD
Mon Nov 06, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: Amortize Premium Munis to Call Date or Maturity Date?
Replies: 18
Views: 1069

Re: Amortize Premium Munis to Call Date or Maturity Date?

The correct method is to amortize the premium to the maturity date because a callable bond may or may not be called. Even when they are called, they may not be called on the first callable date.

Just take the numbers provided to you by Schwab.
by HueyLD
Sun Nov 05, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Is 15,000 new gift tax limit=Higher 529 contribution?
Replies: 6
Views: 854

Re: Is 15,000 new gift tax limit=Higher 529 contribution?

Unlike IRAs or 401(k)s, there are no annual contribution limits for 529 plans. However, there are maximum aggregate limits, which vary by plan. Under federal law, 529 plan balances cannot exceed the expected cost of the beneficiary's qualified higher educatiributionon expenses. Limits vary by state...
by HueyLD
Sun Nov 05, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Lets talk emergency funds and I-bonds
Replies: 23
Views: 2059

Re: Lets talk emergency funds and I-bonds

To me the whole idea of "emergency funds" is accessibility/liquidity. Thus, for "First tier": cash, high yield accts, CD's, money market, etc. Anywhere from 3-5X. Huge sleep factor :D You can get cash in hand at my bank in less than half hour with paper savings bond That's interesting. I did not kn...
by HueyLD
Sat Nov 04, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: 529 question: Are stipends given for MD-PhDs considered as scholarships ?
Replies: 17
Views: 1496

Re: 529 question: Are stipends given for MD-PhDs considered as scholarships ?

Stipends can mean scholarships. The usual rule is that if the student is required to perform services such as teaching, research or other services as a condition of receiving such payments, the stipends will be taxed as wages. If your DD's stipends are taxable, then the stipends will not reduce your...
by HueyLD
Sat Nov 04, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Out of network care
Replies: 84
Views: 4908

Re: Out of network care

If you are in good health and only need preventative care a HMO is great. If you are sick, it may be a completely different story/ nightmare. While I like the Kaiser model, I have been underwhelmed by their care. Our experience differs greatly. This thread clearly shows how true the YMMV is!! My ex...
by HueyLD
Fri Nov 03, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Accidentally bought $20,000 worth of I Bonds
Replies: 17
Views: 4625

Re: Accidentally bought $20,000 worth of I Bonds

On a serious note, here is a quick update after contacting them on the website: Hello, TreasuryDirect accounts are monitored for excess purchases. A report is generated regarding this issue and the account is reviewed. If, after review, it is determined that the purchase was a first offense the pur...
by HueyLD
Fri Nov 03, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign beneficiary on IRA options
Replies: 5
Views: 305

Re: Foreign beneficiary on IRA options

2) Removing aunt from the ira beneficiary list totally, distribute the roth ira between the siblings without taxes and then gifting 14k yearly each to the aunt until we reach the correct split, factoring in some level of interest from a short term bond investment or something similar. siblings go d...
by HueyLD
Fri Nov 03, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Buying/Selling I-Bonds and taxes
Replies: 10
Views: 1293

Re: Buying/Selling I-Bonds and taxes

I still don't see an answer to this question, about whether it would be MAGI. I've also wondered whether it would count as income for college financial aid forms, like the FAFSA. I know nothing about NY taxes. But the excluded interest is not included in federal AGI or MAGI for your purpose. As to ...
by HueyLD
Fri Nov 03, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Thank you LadyGeek for this very useful spreadsheet!
Replies: 8
Views: 2393

Re: Thank you LadyGeek for this very useful spreadsheet!

KSActuary wrote:
Fri Nov 03, 2017 10:03 am
Where did you find the original spreadsheet. The image is a jpg.
Same question here. Will either the OP or LadyGeek please provide a link to the spreadsheet?
by HueyLD
Fri Nov 03, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Buying/Selling I-Bonds and taxes
Replies: 10
Views: 1293

Re: Buying/Selling I-Bonds and taxes

My understanding is that we can sell the current I-Bonds and use them to fund our 529, which is in my name with our daughter as a beneficiary, and use that to claim the Education Tax Exclusion, so we wouldn't have to pay federal taxes on the interest. Take a look at Form 8815 with instructions. The...
by HueyLD
Thu Nov 02, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Out of network care
Replies: 84
Views: 4908

Re: Out of network care

I'm looking at the ACA Kaiser plans in WA. For all out of network care except emergencies, it states "not covered". Does this mean, they pay nothing at all and charges do not count toward deductible? Or does this mean they pay what they want and I am at risk for balance billing? I've never been wit...
by HueyLD
Wed Nov 01, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Is Black Friday the Real Deal for computers?
Replies: 22
Views: 1811

Re: Is Black Friday the Real Deal for computors?

Thank you Watty.

The Holiday Savings booklet has arrived and there are lots of laptops, tablets, etc. on seasonal sale beginning Nov. 9. Woo hoo!
by HueyLD
Wed Nov 01, 2017 6:09 pm
Forum: Personal Consumer Issues
Topic: Is Black Friday the Real Deal for computers?
Replies: 22
Views: 1811

Re: Is Black Friday the Real Deal for computors?

Watty wrote:
Wed Nov 01, 2017 5:52 pm
Be sure to check to see what deals Costco has in their current flyer, they often have sales on computers in that price range. When you buy a computer from Costco with their credit card you get a four year warranty.
How did you come up with four years?
by HueyLD
Sun Oct 29, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Bogleheads Conference - Annuities: The Good, The Bad, and The Ugly
Replies: 18
Views: 2198

Re: Post tefra cost basis

If a variable annuity was transferred to Vanguard, is the following correct for taxation: Lets say I withdraw early, before ager 59.5 Vanguard lists the POST TEFRA COST BASIS as $1000 The annuity value is $2000 Hence the earnings are $1000 I would owe my AGI rate on the $1000 PLUS and additional 10...
by HueyLD
Fri Oct 27, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Dental Question [Is recommended procedure legit?]
Replies: 14
Views: 1813

Re: Dental Question [Is recommended procedure legit?]

How about getting a second opinion from another dental office?
by HueyLD
Sun Oct 22, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: New Vanguard Flagship message/launch page
Replies: 8
Views: 1578

Re: New Vanguard Flagship message/launch page

I think you need to call Vanguard on Monday and find out what's going on.
by HueyLD
Sun Oct 22, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Retiree Health Care with/Medicare
Replies: 150
Views: 9470

Re: Federal Retiree Health Care with/Medicare

I think people who are subject to the IRMAA may be better off going with FEHB without Medicare unless they are heavy users of medical services. But.... Let's use BCBS as an example. The high option (standard option) is a PPO and it also covers out of network providers and facilities at lower rates. ...
by HueyLD
Sat Oct 21, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about Part D IRMAA
Replies: 13
Views: 640

Re: Confusion about Part D IRMAA

In that case, maybe you want to rejoin your former employer to regain the superb coverage?
by HueyLD
Sat Oct 21, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about Part D IRMAA
Replies: 13
Views: 640

Re: Confusion about Part D IRMAA

Employer retiree insurance can be cancelled when you least expect it. I know a few people in my area whose retiree insurances were cancelled and they had to join Medicare system at penalty prices. I don't trust any employer to provide retiree insurance forever because it is very costly for the emplo...
by HueyLD
Sat Oct 21, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about Part D IRMAA
Replies: 13
Views: 640

Re: Confusion about Part D IRMAA

Gosh, I learn something about social security and Medicare everyday by reading the BH forum.

Can't wait for the day that I sign up for such benefits.
by HueyLD
Sat Oct 21, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about Part D IRMAA
Replies: 13
Views: 640

Re: Confusion about Part D IRMAA

If you didn't sign up for Part D, you won't have to pay either the basic premium or the IRMAA for Part D. A friend on a MA plan just advised me the following: "The guy has to wait for a letter from SS. There should be three. 1) welcome to Medicare, here is your Part B premium. 2) You are IRMAA; her...
by HueyLD
Sat Oct 21, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Letter from CC company (Discover) re: current income
Replies: 31
Views: 6045

Re: Letter from CC company (Discover) re: current income

Citi has been asking for my income every time I log into my account.

As long as they don't do anything to my credit line, I simply choose not to provide the information.

However, I guess I may need to cooperate at some point.
by HueyLD
Sat Oct 21, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Confusion about Part D IRMAA
Replies: 13
Views: 640

Re: Confusion about Part D IRMAA

If you didn't sign up for Part D, you won't have to pay either the basic premium or the IRMAA for Part D.
by HueyLD
Sat Oct 21, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2877

Re: [If I die before my spouse, how to direct Vanguard advisors?]

Does a surviving spouse receive a step-up in basis in securities on death of a spouse? I didn't know that - is it correct? Even of the securities are jointly owned? For common law states, the surviving spouse gets 50% basis step-up (or DOWN) on jointly owned assets. For community property states, t...
by HueyLD
Fri Oct 20, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Need ACA help due to underestimated income
Replies: 8
Views: 883

Re: Need ACA help due to underestimated income

We will have to pay back all of our aca subsidy for this year to the tune of $12k. I know the reimbursement can occur when we file our tax return next April. Questions: 1. Can we pay back the entire amount this year? I can't get an answer from the ins. co., the marketplace, or the IRS. 2. Is the ad...
by HueyLD
Thu Oct 19, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Need ACA help due to underestimated income
Replies: 8
Views: 883

Re: Need ACA help due to underestimated income

If you can keep your household income below 400% of the FPL, your repayment will be limited as follows: Less than 200% FPL: $300 (single); $600 (all others) At least 200%, but less than 300% FPL: $750 (single); $1,500 (all others) At least 300%, but less than 400% FPL: $1,250 (single); $2,500 (all o...
by HueyLD
Thu Oct 19, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 594

Re: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

Re: Beneficiary Designation of Vehicles Arizona law (A.R.S. §14-28-2055) (https://www.google.com/search?q=arizona+transfer+of+vehicle+title+to+beneficiary+upon+death&ie=utf-8&oe=utf-8) which allows vehicle owners to designate one beneficiary or multiple beneficiaries as owner of the vehicle, effecti...
by HueyLD
Thu Oct 19, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Political/Legislative risks of Munis
Replies: 10
Views: 695

Re: Political/Legislative risks of Munis

For as long as I remember, there were frequent rumors of removing federal tax exempt status from state and local munis. However, nothing seemed to materialize because the consequence would be more costly to everyone. The state and municipalities would have to raise taxes and fees if they could not b...
by HueyLD
Thu Oct 19, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2877

Re: [If I die before my spouse, how to direct Vanguard advisors?]

Do you have children or trusted relatives/friends that you can count on to help your wife after your demise or incapacity? If you think she may need help, you want to do everything you can to "recruit" a trusted person to help her through the transition. But there is only so much you can do and ther...
by HueyLD
Tue Oct 17, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: First time ever received a collection agency letter
Replies: 3
Views: 767

Re: First time ever received a collection agency letter

Call the hospital ans ask them to retrieve the collection notice.

Be nice and factual.
by HueyLD
Tue Oct 17, 2017 2:50 pm
Forum: Personal Consumer Issues
Topic: Is there really a lithium battery in a USB-C-to-micro-USB adapter?
Replies: 8
Views: 687

Re: Is there really a lithium battery in a USB-C-to-micro-USB adapter?

I think they simply used whichever box that was available to ship your order.

I am 99.99999999999% certain that there is not a battery of any kind inside.
by HueyLD
Tue Oct 17, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Conflicting information about Experian pin
Replies: 6
Views: 387

Re: Conflicting information about Experian pin

I did it successfully online.

I think you can ignore the leading zero's.
by HueyLD
Tue Oct 17, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Conflicting information about Experian pin
Replies: 6
Views: 387

Re: Conflicting information about Experian pin

My PIN has 10 numbers with no leading zero's.
by HueyLD
Tue Oct 17, 2017 12:12 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 5701

Re: What do you buy in Asian food stores?

I buy stuff I like that are not available in regular stores.

FWIW, Asian food stores can be very different, depending on the ethnicity. (Chinese, Japanese, Indian, etc.)

And yes I also pick up good quality chopsticks and kitchenware there.
by HueyLD
Tue Oct 17, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Alternative to Vanguard PAS (dreadful service)
Replies: 16
Views: 1699

Re: Alternative to Vanguard PAS

Very scary that Vanguard PAS was so bad. I have recommended that to a bunch of people who have no financial clue. Hope it works better for them. It appears that Vanguard PAS is not for those who require personal service. There are many others who provide more personal service for higher fees. After...