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To transfer or not to transfer? I have Optum Bank with $3 monthly fee and invest all in the Vanguard S & P 500. Not sure if it worth it to transfer. Transfer fee seems to be just $20. Doesn't Optum charge an asset fee, in addition to the $3/month? No. No other fee beside the monthly investment fee.

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To transfer or not to transfer? I have Optum Bank with $3 monthly fee and invest all in the Vanguard S & P 500. Not sure if it worth it to transfer. Transfer fee seems to be just $20.

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OP. I think you're on the right track. Don't fret. While you may think you started late because you immigrated here, you probably also don't have any student loans and consumer debts that most young people get themselves into before it is too late. You may also have an advantage over many people bor...

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I have had success talking with the providers themselves. They may not write everything off but they will sometimes give you a significant discount. Also, in terms of the insurance company, you may want to call several times to talk to different people and request to talk with a manager to get some ...

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A 529 isn't a solution. The money is for the kids going to college, not necessarily to be spent on college. My oldest received many scholarships and barely touched the 529, so that gift is invested. My younger child's 529 is probably more than needed already. The second unfunded grandchild has some...

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You can work in a job that requires the use of a tablet instead of the old desktop. Many companies don't give provide desktop computers these days. Only laptops and tablets.

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Mostly, it is the financial institution that will offer the school some incentives to gain access to the kids. The local credit union won't offer any incentives so they have no chance of getting into the schools.

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subscribing

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You may also try to convince your wife's employer to cancel her FSA or change it to a limited purpose FSA. Some have had success with that.

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Unless you don’t want to get involved in guiding them, I’d just guide them to open accounts at BG, Fidelity it Schwab and invest in some index funds a little at a time. I don’t think it is worth it to pay an advisor at this point.

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Switched from ATT to the Sprint's $15 per line for 3 lines. I couldn't be happier. A savings of over $80 dollars. I couldn't be happier.

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This is what you’re looking for. https://maryland529.com/basics-of-529-college-savings-plans/tax-advantages-of-529-plans Maryland 529 Offers Significant Tax Benefits The state of Maryland offers a generous income tax deduction of up to $2,500 per year for Account Holders enrolled in either Maryland ...

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Here’s a thread that may be helpful.

viewtopic.php?f=11&t=216104&p=3346500#p3346500

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Any ideas on how to prepare if this happens? Self employment is good but how many of us have the skills to self employ?

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Pay for dd and let her graduate without a college loan. Seems like you can afford it. There is no need asking for any skin in the game. Her skin in the game is to get good grades.

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VG screwed me up once on a rollover. If you save with VG, you better know what you are doing.

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One can often roll over IRAs to 401(k). In fact if one wants to do Roth conversions this is recommended. I see too many other confounding variables to consider this stat much more than a curiosity. Can you elaborate on this? Why go from IRA to 401k to Roth, when you can simply go from IRA to Roth?

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I would recommend the pioneer AVH line of car head units with feature rich options including navigation, Apple CarPlay or Android, waze etc.... . Newegg discounts these units fairly frequently.

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Here’s the reason.
https://www.autotrader.com/car-news/che ... led-207769

Generally people don’t see any financial benefits in getting a hybrid since you pay for it one way or the other.

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You got it right. The max for family is $6900 including employer match/contribution. So, you have to make sure that all contributions max $6900.

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Generally, if a charitable organization gives you goods or services in return for a payment, the payment is not deductible. So, I would think neither the tuition nor tutoring fees would qualify as deductible. Why are Temple dues deductible? Aren’t we getting membership and ability to attend religio...

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The lease is what should govern your dealings with the landlord. Don't be bothered by his threats unless what he claims is stipulated in the lease or generally accepted in the jurisdiction. Unfortunately, you may have to go to court if he sues or you may have to hire a lawyer to represent you if he ...

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Not sure what you mean by "shelter", but you can only have an HSA account if you already have a high-deductible insurance plan. Do you? As for an IRA, you can open/fund the IRA anytime before April 2018, and backdate the funds to the 2017 tax year, so there should not necessarily be a rush. Yes, we...

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Awesome. Thank you and Merry Christmas. Is the "General Taylor" mentioned in the piece you?

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I would in a heartbeat. Superior customer service, lower cost ETFs, a great cash management system, the best fixed income desk in the industry (my opinion),a 2% cash back credit card,comfortable offices to conduct business in. Nothing against Vanguard, but in my experience they are also-rans. Schwa...

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A classic Dave Ramsey case. Please follow Dave Ramsey's debt snowball and you will be fine in just a couple of years or months. They key is to be very angry at the debt and eliminate it ASAP by giving up a lot of your comforts.

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I reached the max one paycheck before the last so I left about $164 on the table and my employer said they won't help to fix that "\

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One advantage of the MD 529 college plan is that you can deduct up to $10K from your State Tax returns. I think that is significant enough for you to take into consideration. It is basically $2500 per account. So, you and you spouse can open two accounts each for the child ' 'Edited: I also wish to ...

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I just read the Personal Capital Education Planning Guide, which is very informative.

https://www.personalcapital.com/land/education_guide/

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Nice job OP

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My employers HSA forces you to use it or lose it by the end of the year. Is there an option, outside of employer that offers a HSA account (similar to a 529)? Thanks! Are you sure that is not an FSA - Flexible Spending Account? The laws governing these are federal. Your employer cannot change the r...

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Don't go into more debt trying to pay off another debt. Sell his car and take on extra hours on the weekend, if you can to knock off this demon away. With your current salary you could be out of debt shortly. Good luck.

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Nicolas wrote:Keep putting in the max as long as you can. I wasn't eligible for an HSA until 2010 and as of this year I'm no longer eligible, but I put in the max every year and saved 60K. I wish I'd had more years to save.

+1

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Try to look for another job right now while still employed. You may get a job regardless of your age. Your experience might help you. What I don't understand though is that with your salary, it appears as if your savings rate was low over the years. Or it may be due to some other reasons. In your si...

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How stable is your job? I hate debt of any kind so I would pay off the car especially when it makes you feel you made a mistake. I like the math above but I enjoy the momentum and the feeling better. Meanwhile, always save for your car purchases and pay cash for them. You don't have to take a loan t...

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I'd suggest 2 things: first - dont buy a brand new car, go for 1-3 yrs old to save 20-30% (I always make sure to have the bumper-bumper still under warranty) second - negotiate the final price, new, used, whatever, then bring out your CC to pay, not cash. they will tell you "no we dont accept over ...

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Do you mean that she would contribute outside the 401K? If that is the case, then the answer is a no. She can contribute to the max of 18K assuming she is under 50 years, to the employer Roth 401K and then contribute an additional $5500 to and a Roth IRA (need to open an individual account with Van...

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Do you mean that she would contribute outside the 401K? If that is the case, then the answer is a no. She can contribute to the max of 18K assuming she is under 50 years, to the employer Roth 401K and then contribute an additional $5500 to and a Roth IRA (need to open an individual account with Van...

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All 401k "contributions" will come out of her paycheck. She will need to increase the amount coming out of her paycheck to hit her max amount this year. It does not matter if it is Roth or non-Roth (traditional). Her maximum limit (e.g. $18,000) is a combined maximum total between Roth 401k and non...

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Do you mean that she would contribute outside the 401K? If that is the case, then the answer is a no. She can contribute to the max of 18K assuming she is under 50 years, to the employer Roth 401K and then contribute an additional $5500 to and a Roth IRA (need to open an individual account with Vang...

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Also be careful about this tenant. This is often a sign of a bad tenant who can't find accommodation elsewhere without prepaying the rent. Hopefully you had a hand in selecting this renter.

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Head over to Bigger Pockets where you will get more information. There is a better way of land lording that can make you money but as others have said, it is a part-time job. It is not as passive many think. You have to work hard from beginning to ensure that you buy the right property, rent to pote...

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Seems like the HDHP is relatively not a good one. You can try to average your last 2 years health care expenses to determine which one will be good for you.

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Your best option will be to let the social workers know and record the account in the child's permanent record. You can probably open a 529 plan for them. Unless the kids are old enough when they come in your care, it will be difficult to alert them when they are old enough to get the money. You may...

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Find out from HR. Most of them will make some accommodations for you.

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OP, just sent you a PM.

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It doesn't hurt to have one or two rental properties as part of your portfolio. Many people on this forum do. You may also get a lot of info from BiggerPockets, if you want. What I've noticed is that on this platform you will hear all the horror stories. But just like equities investment, rental pro...

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Bump. Want to know what others think also.

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Huh. Did you say you were going to work for your FIL?????

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Seems like you should see an attorney. You have mid 7 figure assets. You can easily afford it if you make the time for it.

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