Search found 5801 matches

by HueyLD
Mon Aug 13, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Unavailable - Anyone Else?
Replies: 4
Views: 605

Re: Vanguard Account Unavailable - Anyone Else?

Vanguard is open until 10 p.m. ET. Give them a call.
by HueyLD
Mon Aug 13, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Inherited Variable Annuity
Replies: 2
Views: 211

Re: Help with Inherited Variable Annuity

Vanguard has a publication titled “what to do when you inherit a Vanguard variable annuity.”

Read the Pub and it should answer your questions.

http://www.vanguard.com/vvap/Pdf/vudc.pdf?2210035747
by HueyLD
Mon Aug 13, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: First time ACA coverage with question
Replies: 18
Views: 1438

Re: First time ACA coverage with question

Yes. You are a good student.
by HueyLD
Mon Aug 13, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: First time ACA coverage with question
Replies: 18
Views: 1438

Re: First time ACA coverage with question

Marcopolo,

Did you read the page 17 of form 8962? The example about Gary and his 25 year old nondependent son?

https://www.irs.gov/pub/irs-pdf/i8962.pdf
by HueyLD
Mon Aug 13, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: First time ACA coverage with question
Replies: 18
Views: 1438

Re: First time ACA coverage with question

I assume I have to stay over 138% and less than 400% poverty level for 2 people to avoid medicaid and keep in subsidy territory... If you live in a state that did not expand Medicare, such as Texas where I live, the range is 100% to 400% of the Federal Poverty Level for subsidies. Medicare has noth...
by HueyLD
Mon Aug 13, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct - Timing of purchasing a new bill with funds from a maturing bill
Replies: 11
Views: 518

Re: Treasury Direct - Timing of purchasing a new bill with funds from a maturing bill

It is so nice of you to update us on the outcome. The TD appears to be more efficient than some brokerage houses.

Last time I had a small balance in the C of I account, I transferred it out to my linked bank account immediately.
by HueyLD
Sun Aug 12, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Plan for Parental Care in my road to financial independence
Replies: 33
Views: 2151

Re: Plan for Parental Care in my road to financial independence

Please pay attention to Rupert's link and advice. Just like investments, past performance is not indictive of future results. The OP's original idea of hiring his MIL as a domestic helper appears to be a workable strategy provided that he files Schedule H and dots all the i's and crosses all the t's...
by HueyLD
Sun Aug 12, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: reliable online public forum
Replies: 24
Views: 1978

Re: reliable online public forum

The only reliable source is an official source. O.k., even an official source can be incorrect at times, but that's about as reliable as one can hope for. When I taught income tax classes, I told my students to not mention any tax "advice" from popular online sources unless they could also find the ...
by HueyLD
Sun Aug 12, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 49
Views: 5972

Re: Moving from Vanguard to Fidelity

After years of barely adequate (and sometimes poor) customer support performance from Vanguard I'm thinking of making the switch to Fidelity. What kind of customer support are people lacking at Vanguard, especially passive investors who barely need to do anything. I've been with Vanguard for nearly...
by HueyLD
Sat Aug 11, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: stock split: Vanguard balance shows huge decline
Replies: 9
Views: 939

Re: stock split: Vanguard balance shows huge decline

With that kind of wealth, I would like Livesoft to buy lunch for all Bogleheads.
by HueyLD
Fri Aug 10, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for Parental Care in my road to financial independence
Replies: 33
Views: 2151

Re: Plan for Parental Care in my road to financial independence

The current version of instructions to I-864 says: "How Long Does My Obligation as a Sponsor Continue? Your obligation to support the immigrants you are sponsoring in this Affidavit of Support will continue until the sponsored immigrant becomes a U.S. citizen, or can be credited with 40 qualifying q...
by HueyLD
Fri Aug 10, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7274

Re: Rude response from boss re: market adjustment

I'd look for a new job. The best way to ask for a raise is to have a better option in hand already. It's the only way to have leverage. The best way is to take the other job. If you blackmail them into giving you a raise it will only last until they're able to find a replacement for you. And then y...
by HueyLD
Thu Aug 09, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: QLAC and RMD
Replies: 7
Views: 425

Re: QLAC and RMD

Not disputing that delaying to age 85 is best, but I think it depends on where one’s marginal income lives within a given tax bracket. Delaying to 85 delays the RMDs for longer, but concentrates the income into fewer total years. This could move some of the income into a higher tax bracket. On the ...
by HueyLD
Thu Aug 09, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Kiddie Tax 2018 - Who must file
Replies: 15
Views: 1301

Re: Kiddie Tax 2018 - Who must file

Unless the law has changed, sometimes one does not have to "file" a child's tax return. Their income can be reported on their parent's return. If this has changed I would like to know as I do tax returns for my children and their children (my grandchildren) have small UTMA accounts. Yes, the comput...
by HueyLD
Thu Aug 09, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: QLAC and RMD
Replies: 7
Views: 425

Re: QLAC and RMD

Ralph, If she wants to delay the RMD on $100k, she needs to purchase a QLAC contract by 12/31/2018 because she will turn 70 1/2 in 2019 and the RMD calculation for year 2019 will be based on her combined IRA balance at 12/31/2018. There are multiple limits and factors to consider. Here are three ver...
by HueyLD
Wed Aug 08, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5215

Re: Employer will not indemnify me cause I am retired

Steve,

I admire your dedication to lower the cost for teachers retirement programs. And I have read your book and loved it.

However, please do not expose yourself to unnecessary liability unless you are dead broke and thus judgment proof.

Good luck and best wishes.
by HueyLD
Wed Aug 08, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: less suspicious activity- check or ACH transfer
Replies: 10
Views: 1017

Re: less suspicious activity- check or ACH transfer

The info is in the "instructions," not on the form itself.

If the money came from a foreign individual (not trust, corporation, etc.), it should be extremely easy to fill out the form.
by HueyLD
Wed Aug 08, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: less suspicious activity- check or ACH transfer
Replies: 10
Views: 1017

Re: less suspicious activity- check or ACH transfer

I received a wire from my relative for about 150k into my Bank yesterday. With the extra money, I would like to pay off my heloc and auto loan (total of 20k). Today, I ACH 5k (maximum) to my credit union to pay off part of the HELOC. Is it better to just go to my Credit Union and pay off both auto ...
by HueyLD
Tue Aug 07, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: step-up basis after a spouse's passing
Replies: 26
Views: 2376

Re: step-up basis after a spouse's passing

Firechief, I think you might be confused between “community property” and “tenancy in common.” In a common law state, there is no such a designation as community property. However, there is a tenancy in common ownership form where each owner has a separately transferable interest and is subject to p...
by HueyLD
Tue Aug 07, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Added as joint account owner - Is it a gift (gift/estate tax)? Is it a good idea?
Replies: 16
Views: 1147

Re: Added as joint account owner - Is it a gift (gift/estate tax)? Is it a good idea?

403b, Your situation is entirely different from the OP's situation. Yours involves you and the spouse, not you and a non-spouse. The community property law in your home state (Texas?) determines what community properties are. It appears that your joint account is considered a community property and ...
by HueyLD
Tue Aug 07, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: New Medicare cards. Get yours?
Replies: 25
Views: 2270

Re: New SS cards. Get yours?

I got my new social security card, but I had to go into an SSA office to get it.
by HueyLD
Mon Aug 06, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 deductability of mortgage points
Replies: 2
Views: 432

Re: 2018 deductability of mortgage points

You should use the average loan balance ILO of the beginning balance. This way, you will get more deductions.

See IRS Pub 936 worksheet to figure out the limitations. Substitute $1M with $750k.
by HueyLD
Sun Aug 05, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Bond Wizard replacement is available
Replies: 12
Views: 5205

Re: Savings Bond Wizard replacement is available

Have any of you just converted from paper? I'm considering it now that I no longer have easy access. If you have do you know if you can just import the Wizard file to do the conversion rather than hand-entering every bond again? The online procedure is still the same. One needs to enter one bond at...
by HueyLD
Sun Aug 05, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Has Vanguard fixed their cost basis issues?
Replies: 4
Views: 588

Re: Has Vanguard fixed their cost basis issues?

I haven't sold anything in a while.

I wonder if it is safe to sell in the near future? Will my favorite mutual fund company screw up my cost basis info?
by HueyLD
Sun Aug 05, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Legitimate deductible donation for charity travel?
Replies: 14
Views: 506

Re: Legitimate deductible donation for charity travel?

Situation: Medical professionals (Physicians, nurses, etc.) travel to foreign country to do real, hands-on medical help/assistance to very medically underserved folks - working very long and intense days. Sponsor is US faith based entity (charity). The sponsor gets the airline tickets, pays on the ...
by HueyLD
Sun Aug 05, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: step-up basis after a spouse's passing
Replies: 26
Views: 2376

Re: step-up basis after a spouse's passing

In a community property state all securities deemed community property, irrespective of how they are titled, get a full step-up at the time of one spouse passing. The same is true for real estate too. No so. The properties should be held as “community property WROS” in order to receive a full step-...
by HueyLD
Sun Aug 05, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: step-up basis after a spouse's passing
Replies: 26
Views: 2376

Re: step-up basis after a spouse's passing

In a community property state all securities deemed community property, irrespective of how they are titled, get a full step-up at the time of one spouse passing. The same is true for real estate too. No so. The properties should be held as “community property WROS” in order to receive a full step-...
by HueyLD
Fri Aug 03, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Prepaying for Child Care Tax Credit
Replies: 2
Views: 258

Re: Prepaying for Child Care Tax Credit

The IRS says:

"Enter the qualified expenses you incurred and paid in 2018 for the person listed in column (a). Prepaid expenses are treated as paid in the year the care is provided."

See instructions for Form 2441.
by HueyLD
Thu Aug 02, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Best bank to receive international wire transfer
Replies: 15
Views: 749

Re: Best bank to receive international wire transfer

First, you need to ask each bank how much it charges for "incoming international wires." I am almost certain that the big banks charge more than smaller banks. Some online banks may not even have the capacity to receive international wires. Try to call Vanguard and ask for their international wire t...
by HueyLD
Wed Aug 01, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefits Only
Replies: 4
Views: 624

Re: Social Security Spousal Benefits Only

When you filed the restricted application for spousal benefit, were you at least 66 years old (your FRA)?

If you were not FRA, you would be deemed to have filed for both your own and spousal benefits.
by HueyLD
Wed Aug 01, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct - Timing of purchasing a new bill with funds from a maturing bill
Replies: 11
Views: 518

Re: Treasury Direct - Timing of purchasing a new bill with funds from a maturing bill

I still think that you cut it a bit close and it may or may not work. First, you need to specify the funding source as the C of I. Otherwise, the TD will grab the money from your linked bank account. Of course you need to specify the destination source as the C of I in order for the maturing proceed...
by HueyLD
Wed Aug 01, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct - Timing of purchasing a new bill with funds from a maturing bill
Replies: 11
Views: 518

Re: Treasury Direct - Timing of purchasing a new bill with funds from a maturing bill

I think you should just call that retail number. I have called that number before on savings bond issues and the rep was very professional and friendly.
by HueyLD
Tue Jul 31, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard IRA transfer: send Certified or Regular mail
Replies: 11
Views: 566

Re: Vanguard IRA transfer: send Certified or Regular mail

I think it's a good idea to have a tracking number to see if Vanguard receives the mail.

Gosh, it is cheap.
by HueyLD
Tue Jul 31, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11538

Re: Joint Ownership of home with second wife

I guess it is the "commit or breakup" moment. I guess you will have to do what's best for you and your kids.

Good luck. She is a tough lady.
by HueyLD
Tue Jul 31, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Private Client Group
Replies: 32
Views: 4681

Re: Fidelity Private Client Group

Fidelity is a private company and its SEC filings are few and limited. I think the Johnson family has created a complicated network of corporate structure to protect the family. In the few SEC filings they have, the phrase of "direct and indirect" is used repeatedly. I remember the disclaimer they u...
by HueyLD
Tue Jul 31, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11538

Re: Joint Ownership of home with second wife

Speaking as a second wife who rolled all of the equity from my former home into our jointly owned home. I think your fiancee is being very forthcoming with her views and that's a good sign for your relationship. My husband now pays for most and physically does most of the maintenance of our home an...
by HueyLD
Mon Jul 30, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11538

Re: Joint Ownership of home with second wife

What state does the OP live in?

State laws differ, and there are major differences between community property and non community property states.

California?
by HueyLD
Sun Jul 29, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: Why dont people sit outside more? And how to deal with bugs?
Replies: 50
Views: 5205

Re: Why dont people sit outside more? And how to deal with bugs?

It depends on where one lives. In the hot and humid place I used to live, even walking (I.e. constantly moving) in the yards could result in many mosquito bites, ants attack, chiggers and ticks attached to my body, etc. Even a screened in porch did not help with those. And in many parts of the count...
by HueyLD
Sat Jul 28, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Kids Roth IRA and 529 together - ? Conflict
Replies: 23
Views: 1415

Re: Kids Roth IRA and 529 together - ? Conflict

Right you are, g2bo.

However, we are dealing with a lot of people who do not know how to file any tax form without a tax software.

And there is no such things as a trivial tax form.
by HueyLD
Sat Jul 28, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Kids Roth IRA and 529 together - ? Conflict
Replies: 23
Views: 1415

Re: Kids Roth IRA and 529 together - ? Conflict

...you would need to file a gift tax form with IRS for each of them. No tax would be due, it would just reduce your lifetime exemption by the amount of the gift given now. I've always been curious if this is a trivial thing to do. Is it one form to fill out for one year and then you're done. If tha...
by HueyLD
Fri Jul 27, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 180
Views: 10514

Re: Security code [Vanguard website access]

A registered device is registered only as long as internet history, cache and cookies etc. are in place. I one wipes all that out, as every halfway intelligent user should do frequently, FOR SECURITY REASONS, then the device becomes a 'new' device again. Yesterday I wiped the cookies and maybe the ...
by HueyLD
Fri Jul 27, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Decision for Stay at Home Wife?
Replies: 84
Views: 3293

Re: Decision for Stay at Home Wife?

It is so incredible to read what the OP wrote about the misunderstood "lazy" SAHMs. With that attitude, his wife should probably be thinking about what she may do in the event of marital problems. I have seen too many SAHMs who became "poor working single moms" after being out of the workforce for a...
by HueyLD
Thu Jul 26, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: Service that reviews CCRC financials? [Continuing Care Retirement Community]
Replies: 12
Views: 1121

Re: Service that reviews CCRC financials? [Continuing Care Retirement Community]

This consumer guide by CARF contains useful information on how to evaluate financial performance of CCRCs.

www.carf.org/FinancialPerformanceCCRCs/
by HueyLD
Thu Jul 26, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Private Client Group
Replies: 32
Views: 4681

Re: Fidelity Private Client Group

Does anybody have a link to its website that describes it or is it exclusive like an AMEX black card? No. I don't have enough money to be a Fidelity private client. I am just interested in the tiers that Fidelity is offering. Fido discontinued its relationship with Amex cards and the BofA two years...
by HueyLD
Tue Jul 24, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: Plannig International trips
Replies: 10
Views: 673

Re: Plannig International trips

https://hktravelblog.com/taiwan/luggage ... e-airport/

Yes it can be stored at the TPE airport, but it will cost you.
by HueyLD
Mon Jul 23, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Dealing with HOA Notice
Replies: 118
Views: 9370

Re: Dealing with HOA Notice

I am pretty sure that is a violation that can cause them to lose the 55&up exemption that allows age discrimination. That is a couple orders of magnitude up the violation scale. The law is 80% of the units must be occupied by someone 55 or over along with intent to be a 55+ community but communitie...
by HueyLD
Mon Jul 23, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Dealing with HOA Notice
Replies: 118
Views: 9370

Re: Dealing with HOA Notice

I have had very good luck simply ignoring "notices" given to me by my HOA. I am 3 for 3 in doing nothing and having no negative results for things like this. I will not follow the above advice. A grandmother was evicted from a 55+ retirement community because she took in her grandchildren after som...
by HueyLD
Sun Jul 22, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 180
Views: 10514

Re: Security code [Vanguard website access]

According to the very recent Vanguard webinar on data security, Vanguard’s experts consider email to be a poor method for sending security codes. However, many other companies seem to disagree with Vanguard’s assessment. And if you use the device that you have previously used to access the VG site, ...
by HueyLD
Sun Jul 22, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Structured Note
Replies: 19
Views: 1474

Re: Structured Note

I have used certain indicators to evaluate the stock markets based on questions asked on the BH forum.

It appears that the bear may be looming because brokers are aggressively pushing for structures notes again. In addition, there are more threads on "why bonds?" "Why not all stocks? and so forth.