Search found 5735 matches

by HueyLD
Sat Jul 14, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Meaning of "With" in "Expires with Statement" question
Replies: 8
Views: 372

Re: Meaning of "With" in "Expires with Statement" question

I have Chase and US Bank 0% APR offers on my credit cards. My Chase statements clearly state the exact date my offer expires as follows: 08/02/2018; however, my US Bank statements state unexactly like this: Expires with Statement 07/2018. So my question is does this mean 0% APR expires on the last ...
by HueyLD
Fri Jul 13, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Getting both social security and spousal benefit?
Replies: 5
Views: 594

Re: Getting both social security and spousal benefit?

The social security expert who used to post on this forum wrote: “When you are two things at the same time, you are dual. If you are entitled to (as in meet the requirements for) two benefits, you are dual entitled. There are different formulas that are used for different combinations of dual entitl...
by HueyLD
Fri Jul 13, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Getting both social security and spousal benefit?
Replies: 5
Views: 594

Re: Getting both social security and spousal benefit?

SSA says: If you qualify and apply for your own retirement benefits and for benefits as a spouse, we always pay your own benefits first. If your benefits as a spouse are higher than your own retirement benefits, you will get a combination of benefits equaling the higher spouse benefit. https://www.s...
by HueyLD
Wed Jul 11, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance for elderly immigrants
Replies: 6
Views: 371

Re: Health insurance for elderly immigrants

No, it is not automatic.
by HueyLD
Wed Jul 11, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance for elderly immigrants
Replies: 6
Views: 371

Re: Health insurance for elderly immigrants

The OP’s parents in law can qualify for the ACA premium tax credit (PTC) if they are not eligible for Medicaid in the first five years. They have to meet other requirements for the PTC. “Lawfully present immigrants and Marketplace savings If you’re a lawfully present immigrant, you can buy private h...
by HueyLD
Tue Jul 10, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Funds .004% Management Fee Each Year
Replies: 9
Views: 993

Re: Fidelity Funds .004% Management Fee Each Year

Buying individual bonds is difficult as an individual investor because the dealer always has the upper hand. If you buy only new issues, you pay the same price as the big boys. If you buy from existing bonds, you will be paying for the spread that can sometimes be very large. And buying individual b...
by HueyLD
Sun Jul 08, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 5534

Re: Girls and investing

I used to work with a group of women whose mission is life was to "marry well" so that they could quit their jobs by age 30.

It was an eye opening experience because the vast majority of them graduated from very good colleges with high GPAs.
by HueyLD
Sat Jul 07, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Retirement location and things to consider
Replies: 12
Views: 1580

Re: Retirement location and things to consider

Second the suggestion to read the other threads and maybe come back with more specific questions. Vacation and retirement are not the same thing. I would suggest waiting until you are ready to retire, choose a place based on criteria that make sense at the time and then rent for a year or two once ...
by HueyLD
Fri Jul 06, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: How do normal people afford the Bay Area?
Replies: 48
Views: 4993

Re: How do normal people afford the Bay Area?

I know a family of four living in a one bedroom condo in the area.

But they are not moving anywhere.
by HueyLD
Fri Jul 06, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: W-4 allowances: why not withhold the minimum to avoid penalty?
Replies: 17
Views: 1292

Re: W-4 allowances: why not withhold the minimum to avoid penalty?

Just as a follow up, I calculated using Notice 1036 ( https://www.irs.gov/pub/irs-pdf/n1036.pdf ) and, if I want to have NO income tax withheld from my paychecks going forward, I have to claim >50 allowances on my W-4. My question: if I claim >50 allowances on my W-4, will this, in itself, cause an...
by HueyLD
Fri Jul 06, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Any advice health insurance options for healthy 23 year old male in US seeking political asylum?
Replies: 19
Views: 1466

Re: Any advice health insurance options for healthy 23 year old male in US seeking political asylum?

One of our children is friends with a 23 year old male who is legally in the US under a work permit and seeking political asylum. He is self supporting (construction, etc) and just got his social security card. He told us last night at our 4th of July get together that he now needs to get health in...
by HueyLD
Fri Jul 06, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Form SSA-44 Deadline for new Medicare enrollment
Replies: 3
Views: 322

Re: Form SSA-44 Deadline for new Medicare enrollment

"Do I have to pay IRMAA while I am appealing? Yes. If you file an appeal of an income-related- monthly adjustment amount (IRMAA) determination, you will continue to be billed for your Part B and Part D IRMAA until they make a decision on your appeal. If they change their decision about your IRMAA, y...
by HueyLD
Thu Jul 05, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Main Residence Tax Question for Widow
Replies: 10
Views: 414

Re: Selling Main Residence Tax Question for Widow

With that amount of gain, it is probable that the OP’s parents may be in a community property state.

If their family home was held properly (such as community property WROS), the entire property would have been stepped up to the FMV upon his father’s death.

I think the OP may need to consult a CPA.
by HueyLD
Thu Jul 05, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: AT&T acquisition of Time Warner: What are the tax implications?
Replies: 2
Views: 306

Re: AT&T acquisition of Time Warner: What are the tax implications?

https://investors.att.com/~/media/Files/A/ATT-IR/documents/stockholder-services/time-warner/TWX%20Shareholder%20Letter%20Book.pdf “How do I determine the amount of any taxable gain on this transaction as well as the tax basis in my newly acquired AT&T shares? Your gain from this transaction (if any)...
by HueyLD
Thu Jul 05, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: W-4 allowances: why not withhold the minimum to avoid penalty?
Replies: 17
Views: 1292

Re: W-4 allowances: why not withhold the minimum to avoid penalty?

My goal has always been a balance due of $999.99.

However, it is very difficult to hit that exact number.
by HueyLD
Thu Jul 05, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Walking Coast-to-Coast
Replies: 86
Views: 6483

Re: Walking Coast-to-Coast

So amazing, Jazzy.

When I grow up, I want to be just like you.
by HueyLD
Wed Jul 04, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan capitalized interest deduction
Replies: 2
Views: 282

Re: Student loan capitalized interest deduction

The IRS says: "Capitalized Interest: This is unpaid interest on a student loan that is added by the lender to the outstanding principal balance of the loan. Capitalized interest is treated as interest for tax purposes and is deductible as payments of principal are made on the loan . No deduction for...
by HueyLD
Wed Jul 04, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefits?
Replies: 4
Views: 973

Re: Social Security Spousal Benefits?

The amount your spouse is receiving on SS disability is probably lower than her primary insurance amount, the amount she'd get at full retirement age. That is the number of which you'd get half. No, your spousal benefit will be based on spouse's PIA. § 404.317. How is the amount of my disability be...
by HueyLD
Tue Jul 03, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10937

Re: SS taken at 62 vs. 70, but measured from 70+

If i have just $1800/month cause i took it at 62, I also have $172,800 ($1800x12 months x 8 years) i invested in a 60% portfolio at 62 cause I didn't "buy" the SS deferral. Let's say I only made 5% on the 172,800 from age 62 to 70. That's $257,573 at year 70 in an investment account plus the 1800/m...
by HueyLD
Tue Jul 03, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Do We need health insurance??
Replies: 94
Views: 6086

Re: Do We need health insurance??

The OP has vanished from this thread. I think he may have been teasing us.
by HueyLD
Tue Jul 03, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Large ACH from NavyFed to PenFed?
Replies: 19
Views: 1001

Re: Large ACH from NavyFed to PenFed?

VA_Gent wrote:
Tue Jul 03, 2018 12:41 pm
PenFed says:

Opening a Certificate?
During the Certificate application
you can transfer up to $999,999.99. Apply Now
Yah, 999,999.99 is almost the same as no limit.
by HueyLD
Tue Jul 03, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Large ACH from NavyFed to PenFed?
Replies: 19
Views: 1001

Re: Large ACH from NavyFed to PenFed?

I have a large CD matured at Navy Federal Credit Union and I want to move the funds to Pentagon Federal Credit Union, which currently has better CD rates. When I log in to my NavyFed account, it allows me to transfer (to push to PenFed) no more than $5k/day. What are my options to for transferring ...
by HueyLD
Mon Jul 02, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Fees For Bond Purchases
Replies: 8
Views: 641

Re: Fidelity Fees For Bond Purchases

See this Fido fee page. It tells you everything you need to know. Make sure you read the footnotes. https://www.fidelity.com/why-fidelity/pricing-fees Upon a second look, I think you may be asking about Fidelity Separately Managed Accounts fees. Here is the link https://www.fidelity.com/managed-acco...
by HueyLD
Mon Jul 02, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Charles: W9 to report citizenship!
Replies: 10
Views: 786

Re: Charles: W9 to report citizenship!

I don’t see any reason to file a w-9 either.

For income tax purposes, a green card holder is treated just like a citizen.
by HueyLD
Sun Jul 01, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12641

Re: What are your property taxes?

If you are a teacher, you do not want to practice your craft in AZ because AZ teachers' pay is at or near the bottom. In addition, retirement benefits are also very poor.

However, a retired teacher with a good pension can move to AZ and live a comfortable life.
by HueyLD
Sat Jun 30, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Tracfone (GPS) Service Problems?
Replies: 3
Views: 344

Re: Tracfone (GPS) Service Problems?

I think tracfone has technical support folks who can probably answer your question?
by HueyLD
Fri Jun 29, 2018 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone answer a non qualified annuity questions?
Replies: 4
Views: 501

Re: Can someone answer a non qualified annuity questions?

(1). Partial withdrawals are taxed on LIFO basis. In other words, all earnings will come out first.

(2). If he cashes out the entire contract, the difference between the value and the premiums paid will be fully taxable. So, $14,216.54 will be taxable as ordinary income.
by HueyLD
Fri Jun 29, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: States that are investments/tax unfriendly?
Replies: 27
Views: 3162

Re: States that are investments/tax unfriendly?

Is there a massive difference on your investments gains and investment income if you live in some of the more expensive states like California, New York and New Jersey? How do Californian residents try to not lose a significant amount of money to taxation? I live in Ohio but want to move to Califor...
by HueyLD
Fri Jun 29, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Help an international graduate student
Replies: 12
Views: 842

Re: Help an international graduate student

Dear all, I am a foreign graduate student (social science) who is hoping to start accumulating some personal assets to better position myself for the unpredictable academic job market and life. While I enjoy being a researcher, I also want to be more financially sound even if tenure is not possible...
by HueyLD
Thu Jun 28, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5235

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

I also dislike hidden fees. It is probably the worst in Las Vegas. A hotel may advertise a daily room rate of $99. But one can be expected to pay an additional $40/day for "resort fees" and "$10/ day for parking. Add taxes to the mix and $99 becomes $165. I prefer that they quote a price that includ...
by HueyLD
Tue Jun 26, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 6943

Re: Family dynamics/in laws/am I being petty?

The OP's issue with his in-laws can be easily handled by taking only the parents to dinner.

You can't change others. So adapt a strategy accordingly.
by HueyLD
Mon Jun 25, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Pre nups.
Replies: 54
Views: 5351

Re: Pre nups.

It is best to consult a lawyer if you are concerned about potential liability from your future spouse.

Here is a summary of AZ Revised Statutes on Marital and Domestic Relations.
https://www.azleg.gov/arsDetail/?title=25
by HueyLD
Mon Jun 25, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pre nups.
Replies: 54
Views: 5351

Re: Pre nups.

Remember, AZ is a community property state and a pre-nup does not protect you from community assets and liabilities.

This is what you pay an attorney for.
by HueyLD
Sun Jun 24, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: 529 tax question
Replies: 15
Views: 1211

Re: 529 tax question

Edmonds, You live in a community property state and its law on property ownership is very different from that of a common law state. There are also differences among community property states. The first issue you need to understand is the definition of community property vs. separate property in you...
by HueyLD
Sat Jun 23, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit Question
Replies: 7
Views: 1104

Re: Social Security Spousal Benefit Question

I am a student of SS filing and the amount of total benefit can't exceed the spousal benefit(if the spousal benefit is the highest of the two). The chance to claim the spousal benefit and then let yours grow was eliminated for anyone born after Jan 1954. My opinion is that in this case of yours, th...
by HueyLD
Sat Jun 23, 2018 9:46 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Mel Lindauer
Replies: 22
Views: 1322

Re: Happy Birthday Mel Lindauer

Happy 59th birthday, Mel. :D
by HueyLD
Fri Jun 22, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: Fixing drip irrigation line
Replies: 13
Views: 944

Re: Fixing drip irrigation line

Instead of a torch to heat the plastic, I just boiled a pot of water then took the pot of water outside and soaked the hose ends for a minute to soften up the plastic before pushing on to a barbed coupler. +1 with a pot or several pots of boiling H2O. It is a lot safer than open flame. It will requ...
by HueyLD
Thu Jun 21, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: MIL passed- question about her Social Security
Replies: 22
Views: 2679

Re: MIL passed- question about her Social Security

Thank you to everyone who responded. Her first husband was a short marriage and he went on to re-marry another 5 times- so it wouldn’t apply to him anyways. I think I will sit and look into this more for him and see if we can get the survivor benefit for him at 60 so we can delay his own until a mo...
by HueyLD
Wed Jun 20, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Missed RMD - IRS penalty waiver process?
Replies: 13
Views: 1316

Re: Missed RMD - IRS penalty waiver process?

Direct advice from the IRS: "Do respond to a disputed notice. If a taxpayer does not agree with the IRS, they should mail a letter explaining why they dispute the notice. They should mail it to the address on the contact stub at the bottom of the notice. The taxpayer should include information and d...
by HueyLD
Wed Jun 20, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 85
Views: 5667

Re: Surprise - Costco sells - but does not install vehicle batteries

Costco Tire Center's tasks are extremely limited. In my area, they install new tires, perform rotation, balancing and puncture repairs. That's about it. They don't do alignments that are critical to keep the tires wear even. In my area with subpar road condition, annual alignment is a must and many ...
by HueyLD
Wed Jun 20, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: iPad/iOS - feature or bug?
Replies: 13
Views: 864

Re: iPad/iOS - feature or bug?

Interesting. I don't have that problem with my 5th Gen. iPad.

The latest iOS version is 11.4.
by HueyLD
Wed Jun 20, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Temporary Residency Tax Deduction for Surgical Fellowship
Replies: 5
Views: 309

Re: Temporary Residency Tax Deduction for Surgical Fellowship

jebmke wrote:
Wed Jun 20, 2018 8:15 am
pshonore wrote:
Wed Jun 20, 2018 7:57 am
2018 tax reform eliminated the deduction for unreimbursed employee business expenses if you're paid on a W2.
Line 21-28 on Schedule A pretty much gone entirely, right?
Line 28 items are still allowed.
by HueyLD
Tue Jun 19, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 8414

Re: gray hair

My BIL was in his 50's and had almost 100% gray hair. After being offered senior discounts repeatedly without asking, he decided to color his hair in order to regain his youthful appearance.
by HueyLD
Fri Jun 15, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3935

Re: I am STUNNED over how much help my friends recieved with house purchase!

Funny, sounds like you are envious and/ or jealous, but... that is okay. There is nothing wrong with wanting what someone else has that is human nature. The issue comes with denying your true feelings as it just eats you up (which is bad). I am sure you would LOVE to have someone write you a check ...
by HueyLD
Fri Jun 15, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 67
Views: 2911

Re: Job in MA, live in MA, RI, or CT?

B4Xt3r wrote:
Fri Jun 15, 2018 11:35 am
I find little value in the services that government offers and thus wish to keep the most of my paycheck as I can.
What does that mean? Could you please elaborate?
by HueyLD
Thu Jun 14, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Drive from Phoenix to San Diego
Replies: 42
Views: 2693

Re: Drive from Phoenix to San Diego

Except for San Diego, all the places you mentioned (PHX, Grand Canyon, Joshua Tree NP and Palm Springs) are very HOT in late June. O.k., maybe it is not so hot in GCNP.

I think you should just go straight to San Diego for June. Try to visit those hot places in the winter.
by HueyLD
Wed Jun 13, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about 2018 capital gains tax rules
Replies: 11
Views: 1357

Re: Confused about 2018 capital gains tax rules

Parthenon wrote:
Wed Jun 13, 2018 5:08 pm
HueyLD wrote:
Wed Jun 13, 2018 11:43 am
Raybo,

The exact amount is $77,200, not $77,000. You can find that amount in the actual Bill H.R. 1.

Good luck.
Actually, It's $77,400

Ed
Ed,

$77,200 is listed in the actual law passed. $77,400 is the top amount for the 12% regular tax bracket for MFJ.
by HueyLD
Wed Jun 13, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Confused about 2018 capital gains tax rules
Replies: 11
Views: 1357

Re: Confused about 2018 capital gains tax rules

Raybo,

The exact amount is $77,200, not $77,000. You can find that amount in the actual Bill H.R. 1.

Good luck.
by HueyLD
Mon Jun 11, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 56
Views: 4632

Re: Water heater installation situation

Interesting. I didn’t know that wood platform for water heater could be against the code. I have lived in several states and each previous house had wood platform for the water heater. My current house has a 20-inch high metal platform to support the water heater. I guess the OP can call his city fo...