Search found 15 matches

by themicah
Mon Oct 16, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 261
Views: 37476

Re: New HSA provider Lively offers investments for $30/yr fee

Regarding the TDAM free ETF list changes... For those who do long-term dollar cost averaging in their HSA, TDAM also lets you set up a recurring purchase of Vanguard mutual funds in these self-directed investment accounts. I think you may need to pay a commission ($25 in my Elements CU-linked TDAM s...
by themicah
Fri Jul 29, 2016 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: On-line nanny tax services - reviews/experiences?
Replies: 12
Views: 4065

Re: On-line nanny tax services - reviews/experiences?

Or do I just make myself a DIY spreadsheet based on what Intuit currently does for me?

Anybody have one for NY that they'd be willing to share?
by themicah
Fri Jul 29, 2016 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: On-line nanny tax services - reviews/experiences?
Replies: 12
Views: 4065

Re: On-line nanny tax services - reviews/experiences?

Resurrecting an old thread... We pay our nanny on the books and have been using Intuit Online Payroll, which took a while to figure out but has generally worked well and isn't nearly as expensive as some of the other options out there. Alas today they sent me an email saying they are discontinuing t...
by themicah
Tue Dec 22, 2015 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Defined Contribution + IRA limits
Replies: 5
Views: 743

Re: Defined Contribution + IRA limits

Thanks, y'all! Clarifying the employeE/employeR distinction is definitely helpful. In my firm's case, we are talking specifically about partners, who are similar to self-employed individuals for tax purposes. So the involuntary, formula-based Retirement Plan for Partners is effectively an employeR c...
by themicah
Fri Dec 18, 2015 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Defined Contribution + IRA limits
Replies: 5
Views: 743

Defined Contribution + IRA limits

Question: Are IRA contribution limits completely separate from Defined Contribution plan limits? So for someone under age 50, can you contribute $5,500 to an IRA on top of the max $53,000 you can contribute to Defined Contribution plans? Or if you are contributing $53k to Defined Contribution Plans ...
by themicah
Wed Feb 18, 2015 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Math fun and slightly broader discussion
Replies: 13
Views: 1911

Re: 529 Math fun and slightly broader discussion

with respect to your second point, if you are in this race at all it is because you view your entire portfolio as a single pot of money. Thus you could account for the risk you identify by moving stocks to fixed income in the 529, and vice versa in your Roth IRA, taxable, or 401k. This is a great p...
by themicah
Wed Feb 18, 2015 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Math fun and slightly broader discussion
Replies: 13
Views: 1911

Re: 529 Math fun and slightly broader discussion

We are not afraid of overfunding (discussed extensively in other threads). Any specific threads in mind? I spent a little time searching and reading past threads and most of what I pulled up had plenty of fear of overfunding 529s. In my case I'm not terribly scared as I have three kids and expect t...
by themicah
Tue Oct 21, 2014 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Is Roth 401k better even if future tax bracket is lower?
Replies: 35
Views: 5174

Re: Is Roth 401k better even if future tax bracket is lower?

Uh, yeah, but only if you are willing to pay much more in taxes upfront. If you don't have that extra amount in your budget, then in reality you may not be able to put $17,500 in a Roth, even if you can afford to make a deductible 401k contribution. Fully agreed that you have to make more money to ...
by themicah
Fri Oct 17, 2014 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Is Roth 401k better even if future tax bracket is lower?
Replies: 35
Views: 5174

Re: Is Roth 401k better even if future tax bracket is lower?

If you are somebody who maxes out your 401k and IRA contributions, then another advantage of the Roth 401k is that it allows you to effectively put more in tax-advantaged accounts, since $17,500 of after-tax money is worth more than $17,500 of pre-tax money. In theory a disciplined investor who thin...
by themicah
Thu Oct 16, 2014 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth with Vanguard questions
Replies: 4
Views: 551

Re: Back Door Roth with Vanguard questions

Thanks for the quick reply. Do you make the Traditional contribution to VMMXX or something else? How long do you hold it before converting it to Roth?
by themicah
Thu Oct 16, 2014 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth with Vanguard questions
Replies: 4
Views: 551

Back Door Roth with Vanguard questions

I've had a Roth IRA at Ameritrade for years and a few years ago started doing back-door Roth contributions since I was no longer eligible for direct Roth contributions (a nice problem to have). At Ameritrade I would make my Traditional contribution, then immediately fax in a conversion form to move ...
by themicah
Thu Oct 09, 2014 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: Where to buy municipal bonds directly?
Replies: 18
Views: 5333

Re: Where to buy municipal bonds directly?

@cowboy: I didn't realize you buy munis through Vanguard. That's great to know. @SteveM: Do you have the names of any muni specialty houses? I've read in a couple places that some of them charge really outrageous markups, so I probably wouldn't go that route unless I had a good referral from somebod...
by themicah
Tue Oct 07, 2014 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth IRA Question
Replies: 19
Views: 2437

Re: Back Door Roth IRA Question

I believe there are two 5 year rules, which is where some of the confusion comes from. Pretty thorough explanation here: http://www.kitces.com/blog/understanding-the-two-5-year-rules-for-roth-ira-contributions-and-conversions/ Bottom line: unless you're planning to take distributions from the Roth w...
by themicah
Tue Oct 07, 2014 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Where to buy municipal bonds directly?
Replies: 18
Views: 5333

Re: Where to buy municipal bonds directly?

(And yes, I'm aware of the difficulty of small potatoes investors getting in on primary issuances and the tendency of brokers to hide big markups in secondary market purchases.)
by themicah
Tue Oct 07, 2014 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Where to buy municipal bonds directly?
Replies: 18
Views: 5333

Where to buy municipal bonds directly?

I'm interested in buying muni bonds directly to hold to maturity. I'm not interested in funds. Any thoughts on good/bad places to buy them? Are there advisors who can help me structure a small portfolio (we're talking five figures, not a ton of money, so probably only picking 5-10 individual bonds) ...