Search found 7528 matches

by HueyLD
Fri May 29, 2020 8:06 am
Forum: Personal Investments
Topic: What to do when bank CD rate is much lower than promised?
Replies: 19
Views: 1771

Re: What to do when bank CD rate is much lower than promised?

In the future, Ally supports opening a CD with a mobile deposit of a check from an established account. I transferred money from my Vanguard money market to my local brick and mortar bank (2 days to process), then submitted a photo of a check from my bank to Ally for mobile deposit (3 days for mone...
by HueyLD
Fri May 29, 2020 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Small Estate in CA and Probate
Replies: 17
Views: 1065

Re: Small Estate in CA and Probate

Curious about CA law and small estates. Per https://www.courts.ca.gov/10440.htm?rdeLocaleAttr=en [click on the + signs to expand] To use the simplified process for transferring personal property: First, figure out if the value of all the decedent’s property (the estate) is $166,250 or less. To do t...
by HueyLD
Tue May 26, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: Pros/Cons of taxable accounts for both spouses
Replies: 17
Views: 1462

Re: Pros/Cons of taxable accounts for both spouses

Assuming an individual lives in a community property state, I'm trying to understand what are the benefits of setting up a taxable account for both spouses. Please note that I'm talking strictly about taxable accounts (not tax deferred/exempt). It seems more like a bookkeeping hassle to me. From a ...
by HueyLD
Sun May 24, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Enrollment 7 month window vs ACA
Replies: 17
Views: 1078

Re: Medicare Enrollment 7 month window vs ACA

Example: Turning 65 in September. Can enroll June,July,August,September,October,November,December Does this mean that can continue on ACA (healthcare.gov) until enrollment latest period, ie. December or is Medicare retroactive to the month of September once enrollment takes place ? Plan to apply fo...
by HueyLD
Sat May 23, 2020 8:02 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 367
Views: 28654

Re: The axe falls and I am prepared. What's next?

KF,

What did your wife say about early retirement?

Best of luck to you and yours.
by HueyLD
Tue May 19, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: Sources for N95 masks
Replies: 44
Views: 3440

Re: Sources for N95 masks

Katietsu wrote:
Tue May 19, 2020 8:54 am
If you abandon the N95 plan, look at some of the best cloth masks with a filter pocket and filter. I have seen some research showing that the best of these can be better at protecting the wearer than a surgical mask.
+1.
by HueyLD
Mon May 18, 2020 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Help Understanding State Foreign Tax Credit (AZ)
Replies: 8
Views: 572

Re: Help Understanding State Foreign Tax Credit (AZ)

HueyLD is incorrect, as the federal portion doesn't require separating foreign taxes by country. They are also incorrect to suggest you should pay tons of money to a professional who won't likely get you a larger credit than they are worth. I'm going to try to contact the phone number at the top of...
by HueyLD
Fri May 15, 2020 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Email from Vanguard [for a Retail Investor Group consultation]
Replies: 33
Views: 3418

Re: Email from Vanguard

Stinky wrote:
Fri May 15, 2020 10:07 am
HueyLD wrote:
Thu May 14, 2020 7:24 pm
The last time I agreed to speak with a Vanguard advisor I got a former Edward Jones salesman. Enough said!
That’s a really odd thing to come up in in conversation.
Not at all because that was how he introduced himself. I guess he was very proud of his association with EJ.
by HueyLD
Thu May 14, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Email from Vanguard [for a Retail Investor Group consultation]
Replies: 33
Views: 3418

Re: Email from Vanguard

Assuming you weren't already searching for professional financial advice, I'm wondering why you would agree to speak to them. Nothing wrong with doing so, of course, but don't you ignore most advertising e-mails and phone calls, even if they're from businesses that you have a pre-existing relations...
by HueyLD
Thu May 14, 2020 8:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8628

Re: Vanguard Mutual Fund Platform EOL

rkhusky wrote:
Thu May 14, 2020 8:30 am
Wonder what they'll do for the people that can't use a brokerage account due to their jobs in the financial sector?
My guess is that those people will have to move their accounts elsewhere.
by HueyLD
Thu May 14, 2020 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Family member returning borrowed money?
Replies: 27
Views: 3069

Re: Family member returning borrowed money?

My sister (same last name as me) is repaying borrowed money + adding extra for my gratitude. I obviously didn’t ask for any extra but she insists. Anyway, we have the same bank (Bank of america), and I’m curious on best payment methods. ... What’s the best option? Online transfer? Wire? ACH? Check?...
by HueyLD
Sun May 10, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax help:1099-div box 11
Replies: 12
Views: 558

Re: Turbotax help:1099-div box 11

Since the Ohio LT tax exempt fund does not appear on that letter I am guessing it gets handled differently? That fund provides federally tax-exempt and Ohio state tax-exempt income . Don't know if any of the Ohio cities tax it. The OP needs to read the first page of the letter he received from Vang...
by HueyLD
Sun May 10, 2020 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax help:1099-div box 11
Replies: 12
Views: 558

Re: Turbotax help:1099-div box 11

I have the letter from Vanguard that lists the percentages of tax-exempt interest dividends by state for 2019. Under Intermediate Term Tax-Exempt Fund the percentage is 2.95 for my state of Ohio. Do I multiply this 2.95(.0295) times the box 11 of form 1099-div to get the amount that I need to enter...
by HueyLD
Wed May 06, 2020 7:46 am
Forum: Personal Consumer Issues
Topic: can't log on [to Vanguard website]
Replies: 55
Views: 1886

Re: can't log on [to Vanguard website]

This is one of many reasons that I don’t put all my eggs in one (brokerage) basket. Have you, or anyone else, ever lost anything as a result of these short random website outages that have affected basically every single online operation at one time or another? Can you, or anyone else, show me any ...
by HueyLD
Wed May 06, 2020 6:10 am
Forum: Personal Consumer Issues
Topic: can't log on [to Vanguard website]
Replies: 55
Views: 1886

Re: can't log on [to Vanguard website]

This is one of many reasons that I don’t put all my eggs in one (brokerage) basket.
by HueyLD
Sun May 03, 2020 3:57 pm
Forum: Personal Consumer Issues
Topic: Best Protective Case For IPad 7 - FOUND!
Replies: 15
Views: 516

Re: Best Protective Case For IPad 7th generation 10.2"

Recently I went over to the dark side and purchased an iPad A7 to be able to Face Time with my grandchildren. Works great, much easier than attempting to share a session on DW's iPhone. I like the iPad, but it is extremely thin, and the surface is very slick. As well, I have little movement availab...
by HueyLD
Sat May 02, 2020 7:04 am
Forum: Personal Consumer Issues
Topic: Will Walmart replace a battery without a receipt?
Replies: 33
Views: 1935

Re: Will Walmart replace a battery without a receipt?

Nate79 wrote:
Sat May 02, 2020 6:52 am
Does Walmart actually test the battery to confirm its bad before replacing under warranty?
I don’t know anything about WMT, but every auto repair shop I’ve ever done business with tests the battery before replacement, with or without warranty.
by HueyLD
Mon Apr 27, 2020 11:44 am
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7150

Re: How do you explain no COVID19 Stimulus Payment?

Flobes wrote:
Mon Apr 27, 2020 11:16 am
"I hope you're putting your money to good use. We have not received ours yet."

By the time the last checks get mailed in September, nobody will be talking about them anymore.
+1.
by HueyLD
Thu Apr 23, 2020 8:23 am
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7854

Re: All the upside of the S&P with 10% downside protection "Free"?

Nate79 wrote:
Thu Apr 23, 2020 8:03 am
Strange that there has been a large number of threads on these and similar products all in the last few days. Insurance agents must really be pushing them hard.
+1.
by HueyLD
Wed Apr 22, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: $3K Capital Loss and IRMAA
Replies: 9
Views: 585

Re: $3K Capital Loss and IRMAA

The definition of MAGI for IRMAA is defined in Social Security Act Section 1839, not in Internal Revenue Code. According to https://www.ssa.gov/OP_Home/ssact/title18/1839.htm#: “(4) Modified adjusted gross income.— (A) In general.—For purposes of this subsection, the term “modified adjusted gross in...
by HueyLD
Wed Apr 22, 2020 6:43 am
Forum: Personal Consumer Issues
Topic: How much to tip on DoorDash?
Replies: 60
Views: 4995

Re: How much to tip on DoorDash?

Tipping is expected for certain services. And those who don’t believe in tipping should not not order services where tips are expected. They are certainly free to go shopping and pick up the stuff themselves with their own time, gas and wear and tear on their cars. If one does not want to work for f...
by HueyLD
Tue Apr 21, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: HOA wants house painted. Renters want to do it. Thoughts?
Replies: 26
Views: 2234

Re: HOA wants house painted. Renters want to do it. Thoughts?

The last contractor I hired showed me all three and bonded meant his company carried surety bond.
by HueyLD
Tue Apr 21, 2020 9:26 am
Forum: Personal Finance (Not Investing)
Topic: HOA wants house painted. Renters want to do it. Thoughts?
Replies: 26
Views: 2234

Re: HOA wants house painted. Renters want to do it. Thoughts?

Check your state law.

For example, my state requires a licensed, bonded and insured contractor to do work around the house if it costs at least $1,000.

And I totally agree with our resident RE expert Sandtrap’s #1 point.
by HueyLD
Mon Apr 20, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Problem getting credit report online
Replies: 3
Views: 272

Re: Problem getting credit report online

I tried to check my Experian credit report at annualcreditreport.com. It told me Experian was having a problem, and to mail in my documents. I am not comfortable doing that. The problem occurred before they asked me the security questions. They asked me my name and address, and then told me Experia...
by HueyLD
Mon Apr 20, 2020 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: PSA: Free weekly credit report
Replies: 8
Views: 972

Re: PSA: Free weekly credit report

Thank you for the PSA. However, I have no idea how many people need weekly credit reports.
by HueyLD
Mon Apr 20, 2020 3:54 pm
Forum: Personal Investments
Topic: Issue linking an online bank to brokerage account
Replies: 6
Views: 260

Re: Issue linking an online bank to brokerage account

Hello, I have recently opened a brokerage account with Fidelity that I hoped to fund with cash in my Ally Bank savings account. I was able to get the account open last week, but I can’t get the funds transferred. The account is listed in my brokerage page, but it is grayed out and the link isn't wo...
by HueyLD
Mon Apr 20, 2020 8:49 am
Forum: Personal Investments
Topic: Thrift Savings Plan RMDs and the CARES Act
Replies: 9
Views: 957

Re: Thrift Savings Plan RMDs and the CARES Act

Tadamsmar, I don’t like the TSP’s confusing write up of many articles. And this is one of them. Like you, I am helping a relative with his TSP withdrawal puzzle. After reading many of TSP pubs, I came to the conclusion that their outdated pubs caused confusion. I did call the TSP last week and the p...
by HueyLD
Mon Apr 20, 2020 1:56 am
Forum: Personal Investments
Topic: Thrift Savings Plan RMDs and the CARES Act
Replies: 9
Views: 957

Re: Thrift Savings Plan RMDs and the CARES Act

TSP-536 says the following on page one: “ The SECURE Act, which passed on December 20, 2019, changes the age at which you have to start taking required minimum distributions from 70 1⁄2 to 72. The law excludes people who turned 70 1⁄2 on or before December 31, 2019. We are awaiting guidance from the...
by HueyLD
Sun Apr 19, 2020 8:19 am
Forum: Investing - Theory, News & General
Topic: Cons of i bonds?
Replies: 70
Views: 6175

Re: Cons of i bonds?

Dottie57 wrote:
Fri Apr 17, 2020 7:50 am
Does the revocable living trust have to have it’s own tax id, or can it it use th SSN of the individual?
You can use the SSN of a trustor. No special tax ID is required for RLT.
by HueyLD
Sat Apr 18, 2020 8:10 am
Forum: Personal Consumer Issues
Topic: Should I buy a new rice cooker from Zojirushi?
Replies: 75
Views: 5695

Re: Should I buy a new rice cooker from Zojirushi?

In addition to brown vs. white rice, it is also important to add more water for long grain rice. And use a small batch in your “test kitchen” to figure out the optimal amount of water to add. Zojirushi is a well known high quality brand. However, there are many other brands of rice cookers that can ...
by HueyLD
Fri Apr 17, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Social Security survivor benefit mechanics
Replies: 10
Views: 632

Re: Social Security survivor benefit mechanics

“D. Retroactivity For Widow(Er)’S Insurance Benefits (WIB) 1. Application after widow(er)’s FRA We allow up to 6 months retroactivity for WIB claimants who file an application after he or she attains FRA. However, for those who file less than 6 months after FRA, we only pay retroactive benefits back...
by HueyLD
Wed Apr 15, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27207

Re: [Government stimulus payments]

Got mine today, but confused. Maybe someone has someone has insight? We're a married couple filing jointly with four (4) dependents under age 17. Have not filed 2019 taxes. 2018 adjusted gross income was <$150k. Our gross was actually under $150k. Stimulus check is $3,400. By my calculation, my sti...
by HueyLD
Wed Apr 15, 2020 5:55 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27207

Re: Report when you receive your stimulus check here

What stimulus check? I guess it may never arrive.
by HueyLD
Tue Apr 14, 2020 11:06 am
Forum: Personal Consumer Issues
Topic: Florida HOA complaining of Weeds in Lawn
Replies: 101
Views: 8741

Re: Florida HOA complaining of Weeds in Lawn

I don't live at the house but have a lawn service to take care of the yard. I get these notices a few times a year, notify the lawn guy, and it ok's for a few months. This last time the initial notice was back in March and yesterday I got a final notice giving 14 days to correct the problem or face...
by HueyLD
Tue Apr 14, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: Florida HOA complaining of Weeds in Lawn
Replies: 101
Views: 8741

Re: Florida HOA complaining of Weeds in Lawn

I don't live at the house but have a lawn service to take care of the yard. I get these notices a few times a year, notify the lawn guy, and it ok's for a few months. This last time the initial notice was back in March and yesterday I got a final notice giving 14 days to correct the problem or face...
by HueyLD
Tue Apr 14, 2020 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Can I fund Ally CDs directly from Vanguard brokerage Money market
Replies: 17
Views: 1339

Re: Can I fund Ally CDs directly from Vanguard brokerage Money market

No. If you try to link the Ally CD account to your Vanguard account, Vanguard will not complete the link once they are unable to withdraw the trial deposits. That was my experience at least last month. You cannot link a CD to Vanguard precisely because of the inability to reverse the trial deposits...
by HueyLD
Mon Apr 13, 2020 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Can I fund Ally CDs directly from Vanguard brokerage Money market
Replies: 17
Views: 1339

Re: Can I fund Ally CDs directly from Vanguard brokerage Money market

tfb wrote:
Mon Apr 13, 2020 5:03 pm
lepa71 wrote:
Mon Apr 13, 2020 4:15 pm
Can I fund Ally CDs directly from the Vanguard brokerage Money market account/fund?
You can write a check and send it to Ally. Enable check writing on the Vanguard brokerage account first if necessary.
You can download the Ally app and do an eCheck deposit. No need send the check by mail.
by HueyLD
Fri Apr 10, 2020 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Tax deadline extended also for [amended returns]
Replies: 11
Views: 434

Re: Tax deadline extended also for amendments

The IRS says:

“How long will it take to process an amended return?

A Form 1040X, Amended U.S. Individual Income Tax Return can take up to 16 weeks to process once we receive it.“

So, just sit down and wait.
by HueyLD
Thu Apr 09, 2020 5:33 pm
Forum: Personal Investments
Topic: TSP Liquidation on Death Question
Replies: 3
Views: 218

Re: TSP Liquidation on Death Question

https://www.tsp.gov/PDF/formspubs/tsp-583.pdf

This pub has all the rules about beneficiaries.
by HueyLD
Sat Apr 04, 2020 8:25 am
Forum: Personal Investments
Topic: Question on Registering I/EE Bonds and Limits
Replies: 1
Views: 204

Re: Question on Registering I/EE Bonds and Limits

(1) and (3): The trust is limited to $10k/year of purchase for I bonds and another $10k/year for EE bonds.

(2). Transfers won’t count against your annual purchase limit.

For additional info, see this thread viewtopic.php?p=5143344#p5143344
by HueyLD
Fri Apr 03, 2020 1:07 pm
Forum: Personal Investments
Topic: Roth IRA questions - cash and five year rule
Replies: 10
Views: 737

Re: Roth IRA questions - cash and five year rule

OP, In addition, you should have till July 15th this year due to the special rules in effect for 2019 Tax Return filling dates. WoodSpinner Where can I find this is accurate? Thanks. “ Individual Retirement Accounts (IRAs) and workplace-based retirement plans Q17. Does this relief provide me more t...
by HueyLD
Fri Apr 03, 2020 11:06 am
Forum: Personal Investments
Topic: Funding Fidelity solo 401k in person rather than ACH
Replies: 21
Views: 881

Re: Funding Fidelity solo 401k in person rather than ACH

In my area, Fidelity investor offices are no longer open to the public. They do, however, allow in person visits for tasks that cannot be done via other means and an appointment is needed for in person visits.
by HueyLD
Wed Apr 01, 2020 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are non-dependent children on my ACA plan eligible for PTC?
Replies: 4
Views: 253

Re: Are non-dependent children on my ACA plan eligible for PTC?

The “no APTC paid” phrase has no bearing on your eligibility. The IRS was merely trying to keep their example not more complicated than necessary. And you have two separate tax families because one child is not your dependent. If you live in a state that chose not to expand Medicaid, the child may s...
by HueyLD
Wed Apr 01, 2020 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Are non-dependent children on my ACA plan eligible for PTC?
Replies: 4
Views: 253

Re: Are non-dependent children on my ACA plan eligible for PTC?

The answer is in IRS Form 8962 instructions. See Allocation Situation 3 On page 17.
by HueyLD
Wed Apr 01, 2020 2:01 pm
Forum: Investing - Theory, News & General
Topic: Special "Bogleheads on Investing" podcast on taxes
Replies: 19
Views: 2295

Re: Special "Bogleheads on Investing" podcast on taxes

Because of a lack of official guidance on “substantially identical,” I vote to agree with Rick’s interpretation as he is a well respected security analyst.
by HueyLD
Wed Apr 01, 2020 1:11 pm
Forum: Investing - Theory, News & General
Topic: Special "Bogleheads on Investing" podcast on taxes
Replies: 19
Views: 2295

Re: Special "Bogleheads on Investing" podcast on taxes

Outstanding podcast! It covers lots of FAQs related to both the SECURE Act and the CARES Act.

I think everyone who is interested in learning from an expert should listen to this podcast.

Thank you Rick for having Mr. Levine on the podcast and asking very insightful questions.
by HueyLD
Mon Mar 30, 2020 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 179
Views: 13665

Re: Ally 1% bonus, up to $250, sign up by 3/23

csm,

I think that message was sent to everyone and there is no need to worry. Here are the terms and conditions for the bonus offer.

https://www.ally.com/go/bank/bonusrules/