Search found 6180 matches

by HueyLD
Wed Nov 14, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 34
Views: 3271

Re: Wait, do I need a prenup?

For Cali, here is the law: "CHAPTER 2. Separate Property [770 - 772] ( Chapter 2 enacted by Stats. 1992, Ch. 162, Sec. 10. ) 770. (a) Separate property of a married person includes all of the following: (1) All property owned by the person before marriage. (2) All property acquired by the person aft...
by HueyLD
Wed Nov 14, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Better funds than VTSAX and VEA?
Replies: 13
Views: 656

Re: How to qualify Vanguard institutional shares?

If you don't go thru an institution, you need $5 million.
by HueyLD
Tue Nov 13, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 11
Views: 833

Re: HSA contribution limits & Medicare

Per https://www.cms.gov/Outreach-and-Education/Find-Your-Provider-Type/Employers-and-Unions/FS3-Enroll-in-Part-A-and-B.pdf "Once you enroll in any part of Medicare, you won’t be able to contribute to your HSA. If you would like to continue making contributions to your HSA, you can delay both Part A ...
by HueyLD
Tue Nov 13, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 11
Views: 833

Re: HSA contribution limits & Medicare

I will start Medicare toward the end of next year so I will be covered by an HSA compatible plan until then. How do you calculate the contribution limits for the month that I am covered part of the month by the HSA plan and part by Medicare? Do I just count the whole month as ineligible for any con...
by HueyLD
Tue Nov 13, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Social Security Claiming Strategy - Seeking Confirmation
Replies: 30
Views: 2794

Re: Social Security Claiming Strategy - Seeking Confirmation

As an aside, can anyone explain why the opportunity to file a restricted application for spousal was extended to those born on January 1, 1954, as opposed to cutting it off with the end of calendar year 1953? SSA says: "If your birthday is on January 1st, we figure your benefit as if your birthday ...
by HueyLD
Mon Nov 12, 2018 10:15 pm
Forum: Personal Consumer Issues
Topic: Laptop warranty-Costco’s version?
Replies: 4
Views: 479

Re: Laptop warranty-Costco’s version?

Costco offers 2+2, a total of four-year warranty on laptops if you buy them from Costco and use its Citi Visa card to pay for the purchase.

Are you a Costco member with its Citi card?
by HueyLD
Mon Nov 12, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need more than Original Medicare?
Replies: 110
Views: 6073

Re: Do I need more than Original Medicare?

Medicare.gov says: "Non-participating providers haven't signed an agreement to accept assignment for all Medicare-covered services, but they can still choose to accept assignment for individual services. These providers are called "non-participating." Here's what happens if your doctor, provider, or...
by HueyLD
Mon Nov 12, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need more than Original Medicare?
Replies: 110
Views: 6073

Re: Do I need more than Original Medicare?

I am confused Kevin.

If all payments are the same, why did they bother with any network?
by HueyLD
Mon Nov 12, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Windows 10 October Update (1809)
Replies: 20
Views: 1673

Re: Windows 10 October Update (1809)

November update is just around the corner.

I have been on ver 1803 since it came out and the auto update has not forced 1809 on my PC yet. Will see.
by HueyLD
Mon Nov 12, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Can you suggest where to live if work at UCLA
Replies: 40
Views: 3055

Re: Can you suggest where to live if work at UCLA

One person I know lives near a Metro stop and takes his bike with him. There is a cart designated for those with bikes. Once he gets off the destination stop, he then bikes to work. He doesn’t have problems biking. Of course he is also young and fit and trim. P.s. I have walked on many sidewalks in ...
by HueyLD
Mon Nov 12, 2018 6:44 am
Forum: Personal Consumer Issues
Topic: Can you suggest where to live if work at UCLA
Replies: 40
Views: 3055

Re: Can you suggest where to live if work at UCLA

Considering the world famous traffic issues in the LA Metro, I think you want to consider the traffic flow carefully. Yes, there are rush hour traffic patterns and there are ongoing traffic issues. If your work hours are conventional ones, say 8-5, you definitely want to avoid driving in the rush ho...
by HueyLD
Sun Nov 11, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need more than Original Medicare?
Replies: 110
Views: 6073

Re: Do I need more than Original Medicare?

When I am old enough to join the Medicare club, I will go with traditional plus supplement. No way that I want to go with MA because MA providers in my area really suck. Recently, a major MA provider could not come up with an agreement with the largest hospital in town and that caused tremendous har...
by HueyLD
Sun Nov 11, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage with or without spouse?
Replies: 26
Views: 1948

Re: Mortgage with or without spouse?

Not in Texas, but a widow client was demanded to pay her late husband's credit card debt even though the credit card was in his name only. They lived in a community property state.
by HueyLD
Sun Nov 11, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Snowbirding in HI [Residency requirements for tax purposes]
Replies: 28
Views: 2781

Re: Snowbirding in HI

+1 for Silk McCue.
by HueyLD
Sun Nov 11, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)
Replies: 18
Views: 1601

Re: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)

How can I determine definitively whether my state's conventional (not enhanced) driver's license is Real ID-compliant for domestic flights? The standard method is for the drivers' license to have a gold star on it. See for example South Carolina , which rolled them out just last March. I received a...
by HueyLD
Sun Nov 11, 2018 6:34 am
Forum: Personal Consumer Issues
Topic: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)
Replies: 18
Views: 1601

Re: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)

I think there will be a surge for passport applications before the Real ID becomes federally mandatory in October 2020. I have no idea why states are not required to comply with this federal requirement. Hopefully there will be massive media blitz for the Real ID before October 2020. Otherwise, ther...
by HueyLD
Sun Nov 11, 2018 5:55 am
Forum: Investing - Theory, News & General
Topic: Increasing SS PIA by working again
Replies: 30
Views: 2467

Re: Increasing SS PIA by working again

When is the PIA adjusted from working? Once a year when W2 records are available I assume, but what month? And if you've applied to start a certain month before they have records for the current year do they recalculate when the payments actually start (numbers on benefits letter do not include cur...
by HueyLD
Sat Nov 10, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3334

Re: International Travel during Maternity/Paternity

I was stuck in a full trains-pacific flight of 15 hours with a crying baby right behind my seat. Between crying, yelling, pounding on my seat, etc., it was the most miserable flight experience I ever had.

Please don't do that to other passengers. Mercy!
by HueyLD
Sat Nov 10, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: USPS - Informed delivery - complain on missing items?
Replies: 53
Views: 3226

Re: USPS - Informed delivery - complain on missing items?

Thanks Victoria for your expert opinion.
by HueyLD
Sat Nov 10, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: State Income Tax Question on IRA Distributions
Replies: 5
Views: 374

Re: State Income Tax Question on IRA Distributions

Now that you indicated the total IRA value, it appears that you want to convert as much as possible in TX provided that the incremental income won't push you into mich higher federal tax bracket. With new tax law and all kinds of phase in and phase out traps, I suggest that you buy a copy of 2018 ta...
by HueyLD
Sat Nov 10, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: State Income Tax Question on IRA Distributions
Replies: 5
Views: 374

Re: State Income Tax Question on IRA Distributions

If you received a traditional IRA distribution after 59 1/2 years old, the first $6,000 is exempt from AR income tax. Premature distributions made on account of the participant’s death or disability also qualify for the exemption. All other premature distributions or early withdraw­als including, bu...
by HueyLD
Sat Nov 10, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 37
Views: 3712

Re: TurboTax on TaxMarkDown.com

From Intuit.com: “I purchased a copy of Turbotax from a questionable source. How can I tell if it is legitimate before using it? Is there a checksum I can use to validate it? Click on in the top black border, "online" and then in the drop-down, click on "Check for Updates" If this works you are good...
by HueyLD
Sat Nov 10, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 37
Views: 3712

Re: TurboTax on TaxMarkDown.com

Vanguard discontinued that offer a few years ago. Fido offered that last year for customers of their choosing. The criteria for getting free TT were never published. However, if you have at least 7 figure investments with Fido and have generated enough revenues for them, you may have received the of...
by HueyLD
Sat Nov 10, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage with or without spouse?
Replies: 26
Views: 1948

Re: Mortgage with or without spouse?

You really need to talk to a mortgage banker in your state of TX. As you know, TX is a community property state and has some unique rules that don't apply to those who live outside of TX. And the family home looks to be a community property and I think the banker will want both spouses' income and c...
by HueyLD
Sat Nov 10, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 37
Views: 3712

Re: TurboTax on TaxMarkDown.com

Yes for Costco.

One advantage of buying a CD is that it comes with both PC and Mac versions and that helps for those with both PC and Mac.

And for those whose computer does not have a CD drive, one can always install an external CD drive.
by HueyLD
Sat Nov 10, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA lowers QBI deduction?
Replies: 8
Views: 355

Re: Traditional IRA lowers QBI deduction?

Capital gain or loss is excluded from the calculation of the overall limit of QBID.

So, your AGI of $68k is increased by the $3k capital loss and the overall limit is then calculated as follows:

68000+3000-24000=47000 x 20% = 9400.
by HueyLD
Sat Nov 10, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 37
Views: 3712

Re: TurboTax on TaxMarkDown.com

If TT products are "Sold by Amazon," I will be comfortable with the authenticity of the products. But the products can also be "Fulfilled by Amazon" or "Shipped from and Sold by XYZ." They can still be legit, but the uncertainty is greater. For something like a tax software in that I input so much o...
by HueyLD
Fri Nov 09, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Convert Employer Match portion of 401(k) to Roth 401(k)?
Replies: 5
Views: 658

Re: Convert Employer Match portion of 401(k) to Roth 401(k)?

The IRS says: "Can my employer match my designated Roth contributions? Must my employer allocate the matching contributions to a designated Roth accounts? Yes, your employer can make matching contributions on your designated Roth contributions. However, your employer can only allocate your designate...
by HueyLD
Fri Nov 09, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use a Wealth Manager?
Replies: 26
Views: 3053

Re: Anyone use a Wealth Manager?

I have seen enough on both sides of money management debate to see the merit of either option. There are very few good hourly advisors around because the simple harsh fact for such a model is that they cannot make a living being an hourly advisor without a steady revenue stream from AUM fees. In add...
by HueyLD
Fri Nov 09, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed Rewards Card - Gas purchase rewards question
Replies: 21
Views: 1117

Re: Penfed Rewards Card - Gas purchase rewards question

For the rewards signature card, you need to redeem your points by selecting from a big list of items. Cash is not an option.

One of the choices is a Visa debit card starting at 5880 points per $50 card.
by HueyLD
Fri Nov 09, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Snowbirding in HI [Residency requirements for tax purposes]
Replies: 28
Views: 2781

Re: Snowbirding in HI

Yes, the thorny issues associated with automobile registration. In a snowbird state I am familiar with, if someone is stopped by the police for any reason and he has spent more than the default upper limit days in the snowbird state while holding a driver's license in one state and vehicle registrat...
by HueyLD
Fri Nov 09, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Snowbirding in HI [Residency requirements for tax purposes]
Replies: 28
Views: 2781

Re: Snowbirding in HI

For what it's worth, I wouldn't even touch the 200 day limit let alone drift over a few days. The taxman can be ruthless and a nosy neighbor that feels you are taking advantage of the limit can report you. Yes, there really are people that will do that. I'm actually surprised at the generosity Hawa...
by HueyLD
Fri Nov 09, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Penfed Rewards Card - Gas purchase rewards question
Replies: 21
Views: 1117

Re: Penfed Rewards Card - Gas purchase rewards switcharoo

Is your card PenFed Platinum Cash Rewards Visa? I just check and I still get 5% as CASH REWARDS STMT CREDIT automatically each month. I remember I used to have PenFed Platinum Rewards Visa Signature for gas purchase but then PenFed made the switch to 1% way in late 2016. So I changed it to PenFed P...
by HueyLD
Thu Nov 08, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 37
Views: 3712

Re: TurboTax on TaxMarkDown.com

I think it is a good idea to be careful when buying tax software from an unauthorized vendor. Considering all the sensitive data you put in the software and there is a lot of uncertainty as to where all the personal data may end up.

Caveat emptor!
by HueyLD
Thu Nov 08, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 131
Views: 9649

Re: Favorite "free stuff"?

I don’t think anything in life is free except for a parent’s love for his/her children.

I prefer to buy my own stuff in lieu of getting a bunch of cheap “free” junk.
by HueyLD
Thu Nov 08, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA Transfers
Replies: 7
Views: 601

Re: Fidelity CMA Transfers

From the FAQs - Fidelity Cash Management Account: "Can the automatic investment (AI) service be a Fidelity® Cash Management Account feature, and can it be used in conjunction with the Cash Manager feature? Yes, the AI service can be set up on either a Fidelity® Cash Management Account or on a Cash M...
by HueyLD
Thu Nov 08, 2018 6:03 am
Forum: Investing - Help with Personal Investments
Topic: EFTPS® vs. Direct Pay what's difference? Which one should I use for Roth conversion tax payment?
Replies: 10
Views: 681

Re: EFTPS® vs. Direct Pay what's difference? Which one should I use for Roth conversion tax payment?

If your credit is frozen, you won't be able to use the Direct Pay. So, it will be a pain to have to unfreeze and refreeze every time. I have my credit frozen and I've had no issue with Direct Pay. You are right, Doc. I confused Direct Pay with online tax transcript. Let me restate myself: if your c...
by HueyLD
Thu Nov 08, 2018 6:00 am
Forum: Investing - Theory, News & General
Topic: PenFed new savings rates
Replies: 19
Views: 2247

Re: PenFed new savings rates

I have to say I have been very happy with PenFed. I have mostly used their auto loans, even re-fi'ed to one on my second car. Good rates and no hassles. I am going to look at that CD. Look at their EWP: “PenFed’s Early Withdrawal Penalty (EWP) as follows: Certificates Having a Term Greater Than Six...
by HueyLD
Wed Nov 07, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: EFTPS® vs. Direct Pay what's difference? Which one should I use for Roth conversion tax payment?
Replies: 10
Views: 681

Re: EFTPS® vs. Direct Pay what's difference? Which one should I use for Roth conversion tax payment?

If your credit is frozen, you won't be able to use the Direct Pay. So, it will be a pain to have to unfreeze and refreeze every time.
by HueyLD
Wed Nov 07, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: PenFed new savings rates
Replies: 19
Views: 2247

Re: PenFed new savings rates

Penfed used to be a good place to invest in CDs.

But their EWP is bad enough to make their CDs unattractive if there is a possibility of early withdrawal.
by HueyLD
Wed Nov 07, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: TSP(401k?) to IRA to ROTH - questions
Replies: 30
Views: 1201

Re: TSP(401k?) to IRA to ROTH - questions

I don't know anything about Roth TSP. So, here is a dumb question.

Can you convert from traditional TSP to Roth TSP for any amount you choose?
by HueyLD
Wed Nov 07, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: 401K rollover to Roth
Replies: 8
Views: 368

Re: 401K rollover to Roth

I bet you a dollar that the OP was describing his traditional 401(k) because all contributions to designated Roth accounts are after tax. He would not have before and after tax contributions in a designated Roth.

Only the OP can clarify this.
by HueyLD
Wed Nov 07, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: 401K rollover to Roth
Replies: 8
Views: 368

Re: 401K rollover to Roth

The IRS link provided above has guidance on how to separate the pretax and after tax amounts in a traditional 401(k). The OP should read it carefully. For example: “Can I roll over just the after-tax amounts in my retirement plan to a Roth IRA and leave the remainder in the plan? No, you can’t take ...
by HueyLD
Wed Nov 07, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: 401K rollover to Roth
Replies: 8
Views: 368

Re: 401K rollover to Roth

See this IRS site that should answer your questions. https://www.irs.gov/retirement-plans/rollovers-of-after-tax-contributions-in-retirement-plans Your situation is interesting because you don‘t know the exact amount of your after tax contribution. I think you should be able to obtain that informati...
by HueyLD
Wed Nov 07, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Penalty of $2300 on 9-month CD held for 2 months?
Replies: 11
Views: 1408

Re: Penalty of $2300 on 9-month CD held for 2 months?

I think many companies would tell you that verbal communications do not hold water should they conflict with the written ones.

I think your CU has written disclosures that clearly spell out the early withdrawal penalty on any CD.
by HueyLD
Wed Nov 07, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Non-qualified 529 distributions due to scholarships
Replies: 19
Views: 1227

Re: Non-qualified 529 distributions due to scholarships

You can certainly attach a statement electronically to your tax return that you e file. Lots of people do just that every year. There is no maximum limit on the amount that you can withdraw from a 529 plan. However, if you withdraw more than QHEE, there will be tax consequences. Keep in mind that th...
by HueyLD
Wed Nov 07, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Non-qualified 529 distributions due to scholarships
Replies: 19
Views: 1227

Re: Non-qualified 529 distributions due to scholarships

I looked all over the map, including 26 U.S. Code § 529 - Qualified tuition programs, IRS Pub 970, IRS FAQs and so forth. But I could not find anything that says that 529 distributions must be done in the same year of scholarships in order to receive a waiver of the 10% penalty. It is obviously easi...
by HueyLD
Wed Nov 07, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Penfed Rewards Card - Gas purchase rewards question
Replies: 21
Views: 1117

Re: Penfed Rewards Card - Gas purchase rewards switcharoo

I think the OP fails to maintain required bank accounts to earn the 5% gas reward. Don’t remember the detail, but if one does not have other banking relationship with Penfed, one doesn’t get the 5% for gas or 3% for groceries. In addition, you don’t redeem at 1:1 ratio. For example, you need 5880 po...