Search found 6019 matches

by HueyLD
Mon Oct 15, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 53
Views: 4237

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I've taken advantage of these types of offers before and have always done okay and now that Ally's rate is on-par with the likes of Barclays, Synchrony, and gsbank/marcus it seems like a no brainer. Of course these types of disclaimers always make me wonder: Ally Bank reserves the right to refuse t...
by HueyLD
Mon Oct 15, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 53
Views: 4237

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

That depends on how Ally defines "new" money. Care to give them a call to find out?
by HueyLD
Mon Oct 15, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Social Security [impact of earnings on benefits]
Replies: 19
Views: 1821

Re: social security

If the op files a separate return from his spouse, every penny of his SS benefit will be taxable. Not a good idea. https://www.irs.gov/newsroom/are-your-social-security-benefits-taxable As to his other question, here is a link to a SSA site. https://www.ssa.gov/planners/retire/whileworking.html Edit...
by HueyLD
Mon Oct 15, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 39
Views: 3177

Re: Should we move to San Diego from east coast?

the absolute deplorable condition of our roads (despite the lack of rain), and the inability of government to realistically solve any problems. Part of that last issue may be related to the fact that taxpayers (including myself) see so much waste in government spending; so we are hesitant to vote f...
by HueyLD
Mon Oct 15, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 68
Views: 3050

Re: How Much Is Your Sewer Bill?

Annoying that they meter the water and charge sewer based on water usage. Of course, all the water does not go down the drain, such as washing a car, watering the lawn, etc. I saw someone above has a separate meter for water that does not go down the drain. Seems like a good idea, but for our light...
by HueyLD
Mon Oct 15, 2018 7:17 am
Forum: Investing - Help with Personal Investments
Topic: 6 month Treasury Note: "Bond" or "Cash"?
Replies: 45
Views: 3195

Re: 6 month Treasury Note: "Bond" or "Cash"?

Yes. In the old days, we had to do manual journal entries to reclassify some investments as cash. But investment software took care of the classification and interface with the general ledger.
by HueyLD
Mon Oct 15, 2018 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Joint Home Owners - Property Tax and Mortgage Deductions
Replies: 9
Views: 975

Re: Joint Home Owners - Property Tax and Mortgage Deductions

I agree with Ralph that the inheritance part needs to be addressed with the help of a qualified attorney. Now, back to who can deduct what. If you are legally liable for the mortgage, you can deduct the interest and property tax portion of the payments you make out of your own pocket. In other words...
by HueyLD
Sun Oct 14, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Home Owners - Property Tax and Mortgage Deductions
Replies: 9
Views: 975

Re: Joint Home Owners - Property Tax and Mortgage Deductions

My mom needs to refinance our home and she's unlikely to qualify for the loan on her own. She is currently the only person on title to the house. I plan to become a co-borrower with her on the refi and put myself on title. I will be making payments for the mortgage and property taxes out of a bank ...
by HueyLD
Sun Oct 14, 2018 6:04 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 39
Views: 3177

Re: Should we move to San Diego from east coast?

Yes, SD is a fantastic place to live if you can get over the high real estate prices, high income taxes and traffic problems due to overcrowding. I went to college in La Jolla back in the days when a parking space could be had near the popular beaches. However, my many visits in the last 10-15 years...
by HueyLD
Sun Oct 14, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: Taxable Vanguard Joint Account Titling
Replies: 6
Views: 588

Re: Taxable Vanguard Joint Account Titling

No, I didn't say that you should have a trust. And probate cost depends on your state law. It is not always bad to have your heirs go thru probate especially if you don't have children. I assume that you have a will to direct where your money will go should both of you are gone. I think you will hav...
by HueyLD
Sun Oct 14, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Taxable Vanguard Joint Account Titling
Replies: 6
Views: 588

Re: Taxable Vanguard Joint Account Titling

But if both of you die at about the same time, your heir(s) will have to go thru probate. Is that what you want?
by HueyLD
Sun Oct 14, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard does not recognize my restricted computer
Replies: 10
Views: 1123

Re: Vanguard does not recognize my restricted computer

What this thread suggests is that one probably should not limit Vanguard access to a specific device.
by HueyLD
Sun Oct 14, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Medicare Costs for 2019
Replies: 2
Views: 551

Re: Medicare Costs for 2019

Please don't keep us in the dark. We want to know the real numbers.

Found the link from the CMS.


https://www.cms.gov/newsroom/fact-sheet ... eductibles
by HueyLD
Sun Oct 14, 2018 7:22 am
Forum: Personal Finance (Not Investing)
Topic: RMD considering After tax contributions to 401K
Replies: 2
Views: 348

Re: RMD considering After tax contributions to 401K

Your plan administrator should have provided a notice about your 401(k) distribution options upon termination of employment. Such a notice is mandatory. So, check inside the packet that you received. The good news is: the plan admin is required to calculate the taxable portion of your distributions....
by HueyLD
Sun Oct 14, 2018 4:37 am
Forum: Personal Consumer Issues
Topic: Need new email address. Gmail or ???
Replies: 61
Views: 4208

Re: Need new email address. Gmail or ???

How much does Zoho charge?
by HueyLD
Sun Oct 14, 2018 4:26 am
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5394

Re: Have you annuitized some of your money?

If a sepia is purchased with retirement 401k fund, are payments taxed normally? I am reading more and think I am getting confused. I think you meant SPIA, not sepia. If the 401(k) money is pretax, then all annuity payments will be fully taxable because you have not paid taxes on the money. In addit...
by HueyLD
Sat Oct 13, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5277

Re: Weigh in on our Marital Argument =)-- HCOL edition

You missed OP's point. In her parents' culture, it is not acceptable to put them up in a hotel.
by HueyLD
Sat Oct 13, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 117
Views: 13453

Re: Warning: avoid Windows 10 update 1803

I posted the following in another thread. "According to this site, you can temporarily turn off the automatic update by disabling Windows Update Service. Solution 1. Disable Windows Update Service Understand the limitations of this method. While disabling the automatic update service will temporaril...
by HueyLD
Sat Oct 13, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: When do I get back SS withholdings in excess of Self Employement limit?
Replies: 4
Views: 329

Re: When do I get back SS withholdings in excess of Self Employement limit?

The SSA pays special attention to self employed folks who claim to have retired because some people had provided inaccurate information to the SSA in the past. They will check up on you regularly and you can always tell them that your actual income is lower than the projection. But be prepared to do...
by HueyLD
Sat Oct 13, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Social Security COLA - how is it applied?
Replies: 11
Views: 997

Re: Social Security COLA - how is it applied?

My spouse turns 62 in December. Her first SS check will be received in January. Will it include the 2019 COLA because her birthday was in December? In this case her very first check would include the COLA. I googled around and have not been able to find a description of the exact mechanics. Unless ...
by HueyLD
Sat Oct 13, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5277

Re: Weigh in on our Marital Argument =)-- HCOL edition

But a decent hotel can cost several hundred dollars per night!!
by HueyLD
Fri Oct 12, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Bank lost beneficiary paperwork, says must go through probate
Replies: 18
Views: 2465

Re: Bank lost beneficiary paperwork, says must go through probate

Since she has no proof, she is pretty much out of luck.

I guess she can tell the bank that she will contact a local TV station. :shock:
by HueyLD
Fri Oct 12, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Bank lost beneficiary paperwork, says must go through probate
Replies: 18
Views: 2465

Re: Bank lost beneficiary paperwork, says must go through probate

Does your wife have a copy of the beneficiary designation form signed and dated by her father?

Without it, how does she prove that such a form was actually submitted?

I am so sorry for the terrible mistake by the bank.
by HueyLD
Fri Oct 12, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Filed 1040 extension, do I mail my return to where I normally would mail to?
Replies: 3
Views: 256

Re: Filed 1040 extension, do I mail my return to where I normally would mail to?

You can still efile until 10/15.

If you choose to mail in your returns, the address should be the same as that listed for 4/15 filing.
by HueyLD
Fri Oct 12, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship complimentary CFP services
Replies: 13
Views: 1392

Re: Vanguard Flagship complimentary CFP services

So, I guess the experience also depends on your luck of the draw and the CFP you get. Indeed! I consulted with a CPF twice in the last few years. The first one only wanted to provide Vanguard's cookie cutter advice which I was not interested in. The second one got his sales training from Edward Jon...
by HueyLD
Fri Oct 12, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Lost Power for 24 hours - what food to toss?
Replies: 38
Views: 2457

Re: Lost Power for 24 hours - what food to toss?

Eggs should be just fine.

When I was a kid, my parents raised chickens in our backyard and we never ever refrigerated eggs even in hot summer days.
by HueyLD
Fri Oct 12, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate earnings on excess HSA contribution?
Replies: 2
Views: 236

Re: How to calculate earnings on excess HSA contribution?

Your HSA custodian is absolutely Incompetent!! Everyone else to my knowledge calculates the pro-rated earnings based on a simple formula provided by the IRS in Notice 2000-39. What a shame. I think you have three choices, depending on the amount involved: (1). Use the MV on the date you submit the w...
by HueyLD
Fri Oct 12, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 55
Views: 4473

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

livesoft wrote:
Fri Oct 12, 2018 12:01 pm
I want to know more about the tax efficiency of these funds because I have to invest in a taxable account.
A very good point.

The past history of Fido index funds indicates that Fido's funds are not as tax efficient as VG's funds probably due to more active traders on Fido site.
by HueyLD
Fri Oct 12, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: HR Block Taxcut 2017 not printing all required forms?
Replies: 4
Views: 288

Re: HR Block Taxcut 2017 not printing all required forms?

It sounds like a software problem with the HRB. I think the OP should give HRB a call.

In TurboTax, one can generate PDF files for all possible forms and worksheets, not just the required forms.
by HueyLD
Fri Oct 12, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: What is the ACA PTC income limit for 2018?
Replies: 13
Views: 575

Re: What is the ACA PTC income limit for 2018?

What is the federal poverty level for 2017 ? 2017 FPL Guidelines: 48 Border States and D.C. Persons in Household 2017 Federal Poverty Level Medicaid Eligibility (138% of FPL) 1 $12,060 2 $16,240 3 $20,420 x 400% = $81,680 The 2018 FPL is set in early 2018. Those rates will be used for 2019. Retired...
by HueyLD
Fri Oct 12, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Possible Internet Outages Upcoming
Replies: 2
Views: 551

Re: Possible Internet Outages Upcoming

Well, I certainly hope that my ISP (one of the biggest megacorps in this country) is ready for this newest step.

If not, I guess I will just go on vacation from the Internet.
by HueyLD
Fri Oct 12, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 68
Views: 3761

Re: Anyone here major in Economics in college?

I think the OP should relax and let his daighter explore her options in college.

And I have met quite a few people who did not end up with occupations that correlated with the degrees.

Just step back and be supportive of the daughter. Don't be a tiger parent.
by HueyLD
Fri Oct 12, 2018 10:02 am
Forum: Forum Issues and Administration
Topic: How to contact an Administrator
Replies: 8
Views: 558

Re: How to contact an Administrator

On the forum homepage, click on one of the sub-forums and you should see a button called "New Topic" near the upper left side of the screen.
by HueyLD
Fri Oct 12, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Is $4000 Tuition Deduction still available for 2018 tax year?
Replies: 12
Views: 1252

Re: Is $4000 Tuition Deduction still available for 2018 tax year?

It is virtually impossible to guess what they may do before year end 2018. In addition, they have reinstated such a deduction in the middle of a tax season more than once in the recent past.

I think the OP needs to have both plan A and plan B in place so that he can optimize his AGI for the PTC.
by HueyLD
Fri Oct 12, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: 6 month Treasury Note: "Bond" or "Cash"?
Replies: 45
Views: 3195

Re: 6 month Treasury Note: "Bond" or "Cash"?

As an accountant, I would define cash and cash equivalents as short-term, highly liquid investments with a maturity of three months or less at the time of purchase.

The items included as cash and cash equivalents must also be unrestricted, i.e. you cannot pledge such money as collateral for loans.
by HueyLD
Thu Oct 11, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Is $4000 Tuition Deduction still available for 2018 tax year?
Replies: 12
Views: 1252

Re: Is $4000 Tuition Deduction still available for 2018 tax year?

Hello folks,

There are education credits and there was a "tuition and fee deduction" before 2018 that was an adjustment to total income shown on the front page of the 1040.
by HueyLD
Thu Oct 11, 2018 6:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft is almost at 50,000 posts...
Replies: 75
Views: 9523

Re: livesoft is almost at 50,000 posts...

Look forward to the next 70,000 posts by the one and only Livesoft.
by HueyLD
Thu Oct 11, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase - Sellers Request Help with Repairs
Replies: 69
Views: 3000

Re: Home Purchase - Sellers Request Help with Repairs

By non-functioning, I mean, the tank is full, both the line coming from the house to the tank and from the tank to the leech field are in disrepair. The system still drains to the tank however, there are some large leaks in the system. Nothing backing up into the house. Best case then is willfull n...
by HueyLD
Thu Oct 11, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Is $4000 Tuition Deduction still available for 2018 tax year?
Replies: 12
Views: 1252

Re: Is $4000 Tuition Deduction still available for 2018 tax year?

I just read that this deduction has expired at the end of tax year 2017. Does anyone know if congress extended the deduction for 2018 tax year? Per the Bipartisan Budget Act of 2018 signed into law Feb. 9, 2018, the Tuition and Fees Deduction has been extended for tax year 2017. However, nothing ha...
by HueyLD
Thu Oct 11, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: After-tax 401(k) Contributions and W2
Replies: 4
Views: 228

Re: After-tax 401(k) Contributions and W2

No. There is nothing to report to the IRS.

Do you qualify for retirement savings credit? If so, you can claim it based on after tax contributions. However, the income limit is very low for this credit.
by HueyLD
Thu Oct 11, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Retroactive SS benefits
Replies: 3
Views: 413

Re: Retroactive SS benefits

If you elect to receive six months of retroactive benefits, it will be treated as if you had applied six month earlier. So, you won't get DRC for the months that you receive retroactive payments.
by HueyLD
Thu Oct 11, 2018 9:54 am
Forum: Forum Issues and Administration
Topic: How to contact an Administrator
Replies: 8
Views: 558

Re: How to contact an Administrator

Ask LadyGeek instead.
by HueyLD
Thu Oct 11, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 94
Views: 3945

Re: Vanguard website problems [Transactions won't go through, 500 error...]

UpperNwGuy wrote:
Wed Oct 10, 2018 8:58 pm
How did Fidelity's website do today? We've had a lot of let's-bash-Fidelity threads recently, but those who use Fidelity say that the website is very reliable. Was this true today when it was under stress?
Fidelity was just fine, including their ATP program.
by HueyLD
Wed Oct 10, 2018 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Private Client Group: New Advisor
Replies: 17
Views: 1596

Re: Fidelity Private Client Group: New Advisor

There is a possibility that the OP’s former advisor was demoted or something similar. That’s why the courtesy phone call or email did not take place, perhaps? I think the OP should just get to know the new advisor and make sure the new guy doesn’t start calling him regularly. The ongoing changes at ...
by HueyLD
Tue Oct 09, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Spousal Benefit Amount
Replies: 19
Views: 1397

Re: Calculating Spousal Benefit Amount

Yes, according to Mary Beth Franklin who is a social security expert. So by filing a restricted claim for spousal benefits at 66, the wife will receive a monthly amount worth half of her husband's benefit at his full retirement age, adjusted for 20 years' worth of inflation. At 70, she can switch to...
by HueyLD
Tue Oct 09, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Kirkland (Costco) Razor
Replies: 31
Views: 3060

Re: Kirkland (Costco) Razor

What's wrong with an electric razor? You won't cut yourself.
by HueyLD
Tue Oct 09, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Need money in settlement account to buy a non-VG ETF?
Replies: 16
Views: 942

Re: Need money in settlement account to buy a non-VG ETF?

Are you new to Vanguard brokerage? New to brokerage has nothing to do with being on the old MF platform for decades.

If so, you are required to have enough money in the settlement account before a trade.
by HueyLD
Tue Oct 09, 2018 5:41 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate/state your income?
Replies: 13
Views: 1187

Re: How do you calculate/state your income?

When you say you make, for example, 200k/yr, do you guys include passive investment income (dividend/cap gain, rental property, interest)? Or, just active income (work/side hustles)? Or, whatever reported on 1040 form? How much money does one make? For the IRS: the truth, nothing but the truth. For...