Search found 4974 matches

by HueyLD
Wed Aug 23, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Can i open multiple treasury direct accounts
Replies: 4
Views: 323

Re: Can i open multiple treasury direct accounts

I understand the $10K / yr per SSN rule for buying I-bonds. but for the sake saving goals purposes, can I open multiple Treasury Direct accounts in my name, and split the $10K among them? From the TD https://www.treasurydirect.gov/indiv/help/TDHelp/faq.htm#TreasuryDirectAccounts What is a TreasuryD...
by HueyLD
Wed Aug 23, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: 3% credit card fee vs wiring from B of A
Replies: 17
Views: 691

Re: 3% credit card fee vs wiring from B of A

sil2017 wrote:
Wed Aug 23, 2017 11:14 am
Ugggh....I have a freeze on all my credit reports . Doesn't the bank have to access the credit report?
Yes, they do.

Call the bank and ask them which credit bureau they use and you only have to unfreeze/refreeze that one.
by HueyLD
Wed Aug 23, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 2175

Re: Would you hire an obese nanny?

I think it may be a good idea to hire another candidate. Too many things can go wrong with a nanny regardless of the weight. After all, it is your children's care and you have the right to hire whomever you are comfortable with. It must be dreadful to be obese and I have to applaud you for being hon...
by HueyLD
Tue Aug 22, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Medicare when not collecting Social Security
Replies: 17
Views: 1225

Re: Paying for Medicare when not collecting Social Security

I was/am in the same situation; on Medicare, but delaying SS. I did nothing to claim any hardship status, and was billed monthly through snail mail. Perhaps the default has changed in the past three years, but I continue to pay by old fashioned check and snail mail. Too lazy to change now. I'll reg...
by HueyLD
Tue Aug 22, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Injury: Health Insurance definition
Replies: 26
Views: 1224

Re: Accidental Injury: Health Insurance definition

Yes, and as a lawyer, I could pretty easily poke holes in both of the definitions provided to you in this post. The fact that this term is so ill-defined, however, tells me that it hasn't been litigated very much, which tells me that insurance companies probably don't quibble about this very much. ...
by HueyLD
Tue Aug 22, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Widow's Social Security Benefit
Replies: 7
Views: 603

Re: Widow's Social Security Benefit

Tom, SSA has a pub for you and it is Pub #EN-05-10084. Here are two important quotes: A widow or widower, at full retirement age or older, generally gets 100 percent of the worker’s basic benefit amount. If you’re getting benefits based on your own work, call or visit us. We’ll check to see if you c...
by HueyLD
Tue Aug 22, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Accidental Injury: Health Insurance definition
Replies: 26
Views: 1224

Re: Accidental Injury: Health Insurance definition

Our health insurance pays the full cost of treating accidental injuries in an emergency room. Emergency room treatments for other conditions require that deductibles be met and that co-pays be paid. I could not find a definition for "accidental injury" on our insurer's website. Does anyone know if ...
by HueyLD
Thu Aug 17, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 3552

Re: Other people's perception of your finances

If your family members only visit you once in a while, just be gracious. However, if the visits become regular and frequent, then you need to tell them to get a hotel room. I've been told by a relative who lives in a very popular (HCOL) area that people were known to show up at their friends' doorst...
by HueyLD
Tue Aug 15, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 8174

Re: ACA 2018

Valuethinker wrote:
Tue Aug 15, 2017 4:40 pm
nisiprius wrote:
Tue Aug 15, 2017 4:38 pm
We used to be pretty punctilious in this forum about calling it "ACA" and that's probably still a good idea....
Who was this Obama guy anyways? ;-)
I no longer use the term ACA because virtually nobody seems to know what ACA means.
by HueyLD
Mon Aug 14, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Lack of Feedback from Vanguard Reps when Suggestions are Made
Replies: 5
Views: 439

Re: Lack of Feedback from Vanguard Reps when Suggestions are Made

The OP's suggestions may not have passed a "cost-benefit analysis" and Vanguard may not want to spend money on suggestions that will only cost them money without tangible benefits. I once made a suggestion to a brokerage (not Vanguard) and it was implemented by the brokerage because the benefit outw...
by HueyLD
Thu Aug 10, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding cost basis mismatch at Vanguard
Replies: 9
Views: 695

Re: Help understanding cost basis mismatch at Vanguard

Femur,

Is your account a brokerage account? I don't think such a problem exists in the old fashioned mutual fund only accounts.
by HueyLD
Wed Aug 09, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Can you switch to Obama care in the middle of cobra period
Replies: 10
Views: 951

Re: Can you switch to Obama care in the middle of cobra period

I'm a little confused. The qualifying event test only applies for enrolling in an ACA plan outside of the open enrollment period. During an open enrollment period, you can sign up for an ACA plan regardless of whether a qualifying event has occurred. Exhausting one's COBRA eligibility (at the end o...
by HueyLD
Sun Aug 06, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Why haven't my Series-I Savings Bonds increased in value?
Replies: 9
Views: 1500

Re: Why haven't my Series-I Savings Bonds increased in value?

I bond interest accrues monthly and compounds semiannually. Early withdrawal penalty is the accrued interest for the last three months. And accrued interest is calculated based on the composite rates. The BH wiki has an excellent article on I bonds and that's where one can learn the in's and out's o...
by HueyLD
Sun Jul 30, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3621

Re: How do you decide if you can afford something?

Ask the wife and her decision is final. :)
by HueyLD
Sun Jul 30, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: NYT: Buy more takeout and hire a maid, study suggests
Replies: 37
Views: 5876

Re: NYT: Buy more takeout and hire a maid, study suggests

Alexa9 wrote:Personally, I think that's terrible advice. Cooking and cleaning are therapeutic and save you money.
Both cooking and cleaning regularly are royal pain. However, doing them once in a while may be therapeutic.
by HueyLD
Wed Jul 26, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Court wants inherited IRA liquidated and put into court blocked account
Replies: 18
Views: 2071

Re: Court wants inherited IRA liquidated and put into court blocked account

According to the CA probate code: 3412. If the minor has a guardian of the estate and the sole asset of the guardianship estate is money, the court may order that the guardianship of the estate be terminated and, if the court so orders, the court in its discretion shall also order any one or more of...
by HueyLD
Tue Jul 25, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6843

Re: Post Nuptial agreement guaranteeing alimony?

The OP said: I have turned down numerous proposals because my spouse feels his career has higher earning potential and I agree with him and thus have put my career on the back burner. So, what is the problem? You agreed to sacrifice your own career for his advancement. Did you do that under duress? ...
by HueyLD
Mon Jul 24, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Lifetime Tire Alignment
Replies: 35
Views: 2686

Re: Lifetime Tire Alignment

A local chain used to push for lifetime alignment, lifetime oil change, etc. However, the owner sold the business to a national chain and all those supposedly lifetime services vanished because the new owner claimed to have no such records whatsoever. So, my question about any kind of lifetime warra...
by HueyLD
Fri Jul 21, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: AnnualCreditReport Equifax
Replies: 31
Views: 1875

Re: AnnualCreditReport Equifax

I pulled my credit report every year from Equifax w/o problems.

However, I did have problems with TU periodically.
by HueyLD
Fri Jul 21, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: AnnualCreditReport Equifax
Replies: 31
Views: 1875

Re: AnnualCreditReport Equifax

mrc wrote:To use the annual credit report website, I have to unfreeze the reports. Too much trouble.

No, you don't have to unfreeze in order to check your own credit report. I have done it several times since my credit was frozen.
by HueyLD
Fri Jul 21, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: AnnualCreditReport Equifax
Replies: 31
Views: 1875

Re: AnnualCreditReport Equifax

I just attempted to get my annual credit report from Equifax using the AnnualCreditReport.com portal. I tried twice and each time received a message that the report was not available online and I could mail copies of identification and get a written report. That is not acceptable. Has this happened...
by HueyLD
Fri Jul 21, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Allowed expenses for charity?
Replies: 5
Views: 325

Re: Allowed expenses for charity?

What are the rules and normal procedures of such tax exempt organizations if a participant made a donation to the organization for the amount of the trip and the organization paid that same amount for the trip expenses? What about if such trip expense amounts came from a Donor Advised fund? Let me ...
by HueyLD
Tue Jul 18, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Claim SIL as Dependent
Replies: 7
Views: 1129

Re: Claim SIL as Dependent

I just completed the IRS online tool to determine if my SIL can be claimed as a dependent. My wife and I file a joint return and we live in Maryland. SIL is age 67. In our situation, it appears that we need to provide at least half of SIL's support to claim her as a dependent. SIL receives more tha...
by HueyLD
Fri Jul 14, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep Wife's Inheritance Separate
Replies: 11
Views: 1558

Re: How to keep Wife's Inheritance Separate

A very knowledgeable native Californian friend helped out with the following helpful information, including this link to California Family Code: 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 al...
by HueyLD
Thu Jul 13, 2017 8:25 pm
Forum: Investing - Theory, News & General
Topic: Buckley will succeed McNab as Vanguard CEO at year end
Replies: 32
Views: 3753

Re: Buckley will succeed McNab as Vanguard CEO at year end

nisiprius wrote:What has been the length of tenure of successive CEO's?

Bogle, 1975-1996? 21 years?

Brennan, 1996-2008? 12 years?

McNabb, 2008-2017? 9 years?

Hmmm...


My guess is that Buckley will last no more than 5 years based on the above trend. :)
by HueyLD
Thu Jul 13, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: Worker's compensation insurance
Replies: 15
Views: 1018

Re: Worker's compensation insurance

Ask the company that does not provide worker's comp. insurance these questions:

(1) Who provides payment to injured workers for lost wages and medical services, regardless of who was at fault?

(2) Who provides death benefit should a work related death occur?
by HueyLD
Wed Jul 12, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 6868

Re: Personal loan to a family member

To the OP,

Is that family member your child? If so, you may as well give the child his/her inheritance in advance.

If the family member is your parent, you may also gift the money to show your gratitude.

Anyone else, no way Jose.
by HueyLD
Wed Jul 12, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Benefits of real estate agent for buying new construction?
Replies: 25
Views: 1360

Re: Benefits of real estate agent for buying new construction?

I'm trying to get an idea of the benefits of using a real estate agent when looking to purchase new construction? We are using one now, however we have been locating and visiting the new developments in our target area all on our own thus far, while talking to the agents representing the builders o...
by HueyLD
Mon Jul 10, 2017 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange or transfer? Does it matter?
Replies: 12
Views: 638

Re: Exchange or transfer? Does it matter?

In your situation, a proper transfer will be tax free. But I don't like the word "exchange" as shown in your transaction history because exchange is usually defined as a sale and a purchase. However, Vanguard may have used the word exchange when it meant transfer. I think only a call to Va...
by HueyLD
Mon Jul 10, 2017 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange or transfer? Does it matter?
Replies: 12
Views: 638

Re: Exchange or transfer? Does it matter?

Vanguard's definition of an "exchange" is to sell from one and buy another. Keep in mind that SIMPLE IRA and tIRA are two entirely different types of retirement accounts and one can do a tax free rollover from SIMPLE to tIRA, but it needs to be done properly. Here is additional info from t...
by HueyLD
Mon Jul 10, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange or transfer? Does it matter?
Replies: 12
Views: 638

Re: Exchange or transfer? Does it matter?

OMG!

Exchange means you sold the shares in one account and bought new shares in another account.

You just created a taxable transaction.

You need to call Vanguard ASAP. Hopefully they will correct it for you.
by HueyLD
Mon Jul 10, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Beware of retroactive payments when claiming SS
Replies: 13
Views: 1574

Re: Beware of retroactive payments when claiming SS

A related question - My birthday is in September. Some January in the future I will start SS benefits. If I ask for retroactive payments will they be taxed retroactively, or in the year received? I ask because of the statement that SS benefits are actuarially the same. True, but tax planning vis-a-...
by HueyLD
Sun Jul 09, 2017 8:49 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 4482

Re: Coyote control

Can you put up a fence?
by HueyLD
Sun Jul 09, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security Issue Assistance/Advice Needed
Replies: 5
Views: 719

Re: Social Security Issue Assistance/Advice Needed

To the OP, Your posts are not clear in a few regards. Please clarify the following. (1) When did you actually receive the lump sum payment (net of tax withheld) in your bank account - year 2016 or year 2017? My guess is that you received it in Dec. 2016. (2) On the latest corrected 1099-SSA you rece...
by HueyLD
Sun Jul 09, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 220
Views: 17394

Re: Buying house - Very important decision

In areas with high housing prices (coastal California, NYC, etc.), I read that many buyers have help from "mom and dad banks," old money and/or personal assets (e.g. retirees who are asset rich but income poor).
by HueyLD
Sun Jul 09, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 92
Views: 3192

Re: Is Vanguard down this AM (7/9/17)?

I think it is a good idea to avoid logging in any system between 10 p.m. Saturday and 10 a.m. Sunday. It appears that companies prefer to do system maintenance during that period.

Give Vanguard a break for doing maintenance during off-peak hours.
by HueyLD
Sun Jul 09, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 220
Views: 17394

Re: Buying house - Very important decision

In my continued search for cheaper house, I see some houses with brick and some with vinyl siding. What is the difference ? What is the better choice for resale ? A brick house lasts longer and has less maintenance to deal with. Vinyl siding can be a pain to maintain, especially in the high humidit...
by HueyLD
Sun Jul 09, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5033

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

Can you prepare extra serving of food at dinner time and pack the food in a microwave safe container for lunch?

Add your favorite fruits and healthy snacks such as whole roasted almonds (in small serving of course) and you are all set for the afternoon.
by HueyLD
Sun Jul 09, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 220
Views: 17394

Re: Buying house - Very important decision

In my continued search for cheaper house, I see some houses with brick and some with vinyl siding. What is the difference ? What is the better choice for resale ? A brick house lasts longer and has less maintenance to deal with. Vinyl siding can be a pain to maintain, especially in the high humidit...
by HueyLD
Fri Jul 07, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1699

Re: Grandparent Contribution to 529

Generally speaking, a parent has a lot of flexibility in how (s)he supports a dependent child. Some parents choose to give a dependent child expensive sports cars while others may pay for the child's extravagant vacation. I don't think your "incentive award" is unreasonable and you may not...
by HueyLD
Fri Jul 07, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1699

Re: Grandparent Contribution to 529

Gasdoc,

What you described above should go toward your support of a dependent with after tax money and it should be just fine.
by HueyLD
Fri Jul 07, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Forbes
Replies: 12
Views: 790

Re: Forbes

I can read Forbes in my local libraries, including reading at home via online access to their electronic version. I rarely found anything interesting. However, for $9, you have virtually nothing to lose except your time. I guess it is worth the price of subscription if you find the magazine entertai...
by HueyLD
Fri Jul 07, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: Forbes
Replies: 12
Views: 790

Re: Forbes

How inexpensive?
by HueyLD
Thu Jul 06, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Museum Membership - tax deductible?
Replies: 13
Views: 1017

Re: Museum Membership - tax deductible?

My museum tells me how much of my annual membership is tax deductible. You may want to ask the museum for such information.
by HueyLD
Thu Jul 06, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can you buy a house with little or no income?
Replies: 24
Views: 2155

Re: Can you buy a house with little or no income?

The NINJA (no income, no job, no assets) days are over. Without adequate income, your chance of getting a loan with 20% down is slim to none. However, if you are willing to pledge your assets as collateral for the mortgage amount, the bank "might" be willing to give you a loan. But pledgin...
by HueyLD
Thu Jul 06, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1699

Re: Grandparent Contribution to 529

What is the maximum amount that my parents can contribute to my son's 529 (with me as the account owner) in one year, without causing a taxable event? I strongly encourage that you review relevant IRS guidance, publications and forms in lieu of reading a lot of nonsense online such as the link to C...
by HueyLD
Tue Jul 04, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: Gift tax consequences if switch 529 from self to own child?
Replies: 18
Views: 1522

Re: Gift tax consequences if switch 529 from self to own child?

For OP's benefit, it is important to know that the annual gift limit without having to file form 709 is currently $14k and the amount will be adjusted annually for inflation. So, this amount may be $15k next year and may go up annually depending on the inflation rates. Also, many 529 plans do not al...
by HueyLD
Mon Jul 03, 2017 3:13 pm
Forum: Investing - Theory, News & General
Topic: Gift tax consequences if switch 529 from self to own child?
Replies: 18
Views: 1522

Re: Gift tax consequences if switch 529 from self to own child?

Try this link https://www.law.cornell.edu/uscode/text/26/529

The answer is still the same as the esteemed poster sscritic stated in the older thread.
by HueyLD
Sun Jul 02, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Medicaid irrevocable trust- any experiences?
Replies: 46
Views: 2290

Re: Medicaid irrevocable trust- any experiences?

This is why I urge being very careful about a scheme to impoverish the retiree assuming going on Medicaid for care. Even if said scheme is perfectly legal (We don't discuss illegal schemes here.), one should be very careful about what one asks for. This is a very good advice. I had done volunteer w...