Search found 190 matches

by PaunchyPirate
Sat Jul 04, 2020 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Manager vs. Direct report salary issues
Replies: 107
Views: 6217

Re: Manager vs. Direct report salary issues

I was in the software tech field prior to retirement. I was an individual contributor who made it very clear in the early years that I did not want to be a manager. My employers were fine with that and still rewarded me with a growing salary as I performed. For quite a few years prior to my retireme...
by PaunchyPirate
Tue Jun 30, 2020 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Application Denied to Open a New Checking Account
Replies: 30
Views: 2429

Re: Application Denied to Open a New Checking Account

I'll admit I know nothing about an Early Warning Services report. I would think with a FICO of 803 you'd have no problems with setting up accounts, but not all financial establishments will necessarily look at FICO scores. My only comment on being on your Mom's cards is that with your income, I don'...
by PaunchyPirate
Sun Jun 28, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 369
Views: 33162

Re: Quicken 2019 and forward

Citi Card once again causing trouble in Quicken. Error message for past two says says my Citi logon data in Quicken is wrong. It is not. It is some confusion between Quicken and Citi. Once again I have double-checked everything and it is all configured properly. I can log on directly with the same ...
by PaunchyPirate
Thu Jun 11, 2020 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 369
Views: 33162

Re: Quicken 2019 and forward

I've also noticed that the Quicken splash screen has recently changed. I just added my Fidelity HSA to Quicken, which is the first time I've had a Fidelity account in Quicken. The splash screen says "Connected to online services from: Fidelity (logo)". Yes, the splash file image is dated from this ...
by PaunchyPirate
Thu Jun 11, 2020 7:38 am
Forum: Personal Investments
Topic: 401k auto rollover
Replies: 7
Views: 311

Re: 401k auto rollover

The background here is likely this... 401k plans often have a provision where they can force former employees to remove the contents of their account if that amount is less than a certain amount (usually $5000). Your wife's 401k, probably had the right to force this provision if she did not roll ove...
by PaunchyPirate
Wed Jun 10, 2020 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: End of year Harvesting impact on ACA next year?
Replies: 9
Views: 571

Re: End of year Harvesting impact on ACA next year?

I unexpectedly decided to dump my Boeing stock in mid December 2019 which put me over the ACA threshold. Since I was already over, I also sold some Apple stock to rebalance my portfolio some. I did not notify healthcare.gov since it was so late in the year. I repaid my tax credit at tax time in 2020...
by PaunchyPirate
Tue Jun 02, 2020 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax to save Tax files
Replies: 17
Views: 1306

Re: Turbo Tax to save Tax files

I keep the TurboTax file and the PDF of the returns and related forms. I also print a copy of the PDF and keep it in my file for the year. In that file, I also keep all of the year's paper forms that banks, brokerages, etc. send me or I download from their website. All goes in one folder that goes i...
by PaunchyPirate
Tue Jun 02, 2020 9:03 am
Forum: Personal Investments
Topic: Please help streamlining this mess
Replies: 13
Views: 1299

Re: Please help streamlining this mess

2) Not taking into account Fidelity, we would have long term realized gains of approx $41,000, and short term losses of approx $400. We are willing to pay the $6000 taxes on the realized gains in order to clean up our portfolio now but just wondering if that is the right decision, or whether we sho...
by PaunchyPirate
Mon Jun 01, 2020 8:04 am
Forum: Personal Investments
Topic: Does VTSAX and VBTLX trade at day end price.
Replies: 13
Views: 985

Re: Does VTSAX and VBTLX trade at day end price.

Thanks everyone for the quick replies. Now most of you said that easy way to track what price would the VTSAX & VBTLX be either higher or lower is to watch the corresponding ETFs. VTI and BND. When comparing the stocks inside VTSAX vs VTI are they exactly the same, except VTSAX has a higher minimum...
by PaunchyPirate
Mon Jun 01, 2020 7:48 am
Forum: Personal Investments
Topic: Which budgeting software do you use ?
Replies: 59
Views: 3095

Re: Which budgeting software do you use ?

I use Quicken to categorize all my transactions and to view high level spending results and graphs such as "Current month spending", "Last month spending", and "Year to date spending". Then I also keep a spreadsheet of full-year, month-by-month tracking actual spending compared to expected spending....
by PaunchyPirate
Sun May 31, 2020 6:57 pm
Forum: Personal Investments
Topic: Does VTSAX and VBTLX trade at day end price.
Replies: 13
Views: 985

Re: Does VTSAX and VBTLX trade at day end price.

Yes, what you say is correct. However, there is no concept of a limit order. Your transaction will occur at the end-of-day price. The order does not execute immediately. You will see it appear in your account overnight. You can follow the price of the related ETF for the mutual fund (VTI and BND) to...
by PaunchyPirate
Thu May 28, 2020 8:06 pm
Forum: Personal Investments
Topic: Overpay for the home we love?
Replies: 62
Views: 4958

Re: Overpay for the home we love?

I wouldn't give too much value to a Zillow valuation. I don't find them to be overly accurate to real-world pricing. Look for actual recent sales of comparable properties in the same neighborhood.
by PaunchyPirate
Thu May 28, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Getting plane tickets refunded from Virgin
Replies: 22
Views: 1154

Re: Getting plane tickets refunded from Virgin

Your best bet is to call the people that you booked the tickets with and request a refund. It sounds like you booked directly with Virgin. So you need to call Virgin. It sounds like even the Delta portion of the trip was purchased through Virgin. Since they cancelled connecting portions of the overa...
by PaunchyPirate
Fri May 22, 2020 7:20 pm
Forum: Personal Investments
Topic: Looking for a Roth IRA with rebalancing. (Hegdefundie adventure)
Replies: 19
Views: 1022

Re: Who do you use for your Roth IRA?

I use Vanguard. I don't need to have those features that you indicate you want.
by PaunchyPirate
Mon May 11, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 68
Views: 5833

Re: At what moment does retirement begin?

My retirement was officially at close of business on December 14, 2018. I gave 6-weeks notice. I was a home-based employee who sometimes traveled for meetings and training. I was "sent off" by my coworkers at a group meeting and training session about 3 weeks prior to my last day since that was the ...
by PaunchyPirate
Sun May 10, 2020 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax help:1099-div box 11
Replies: 12
Views: 569

Re: Turbotax help:1099-div box 11

I have the letter from Vanguard that lists the percentages of tax-exempt interest dividends by state for 2019. Under Intermediate Term Tax-Exempt Fund the percentage is 2.95 for my state of Ohio. Do I multiply this 2.95(.0295) times the box 11 of form 1099-div to get the amount that I need to enter...
by PaunchyPirate
Thu May 07, 2020 5:48 pm
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3197

Re: iPad.. worth it?

Love iPads. I've had several. I have just gone through a round of sending 3 older Apple devices (1 desktop, 1 laptop, and one iPad) back for credits. I will use that combined credit to buy the new 11" iPad. As someone mentioned above, I also sit with mine in the evenings surfing the internet and ema...
by PaunchyPirate
Wed May 06, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: No tax return after >10 weeks?
Replies: 47
Views: 3344

Re: No tax return after >10 weeks?

It is not clear that e-filed returns are faring any better. I e-filed mine on March 10th, and received my refund about two weeks later. Both my son's e-filed about a week later, and their returns are both listed as "still processing, we will provide a refund date when available", or something simil...
by PaunchyPirate
Wed May 06, 2020 6:35 pm
Forum: Personal Investments
Topic: How not to stretch yourself too thin on home purchase?
Replies: 34
Views: 3418

Re: How not to stretch yourself too thin on home purchase?

Most advisors recommend having no more than 28% of your gross monthly paycheck allocated to your monthly house payment. More than that, and you’d be pretty house poor... which makes life really suck. I’d aim for much less if possible. Geez....that would be a $5700 house payment! Just off the top of...
by PaunchyPirate
Wed May 06, 2020 6:07 pm
Forum: Personal Investments
Topic: Traditional IRA Contribution Limit Odd Situation
Replies: 7
Views: 303

Re: Traditional IRA Contribution Limit Odd Situation

You should be able to contribute the $2400 to a Traditional IRA for 2020. I left my job in mid-December of 2018, but received a final bonus check in January 2019 where they did not take anything out for my 401k since I was no longer a participant in the 401k. This was the only W2 income I had for 20...
by PaunchyPirate
Wed May 06, 2020 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 9955

Re: How Do Early Retirees Pay for Medical

I pay for medical insurance out of my savings. I obtain it via the Affordable Care Act (ACA) exchange website (healthcare.gov). In my rural location, there are only 2 insurance companies to choose from (on or off the ACA exchange). Their plans are pretty much the same on the ACA website as they are ...
by PaunchyPirate
Sat May 02, 2020 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Qualifying direct deposit for new PNC account
Replies: 2
Views: 274

Re: Qualifying direct deposit for new PNC account

I am a PNC Virtual Wallet customer. They seem to be pretty liberal with what they consider direct deposit. I know that when I transfer money in from a Vanguard transaction (either manually done or an automatic dividend), they consider that to be a direct deposit.
by PaunchyPirate
Thu Apr 30, 2020 8:14 am
Forum: Personal Investments
Topic: [Should I move from Ameriprise to Fidelity?]
Replies: 30
Views: 2187

Re: [Should I move from Ameriprise to Fidelity?]

I left Ameriprise when it became obvious I was paying about $10k in clearly identifiable fees per year. That didn't include the not-so-obvious costs of the holdings they had me in. I do NOT regret my decision and I wish I had moved sooner. The only real good thing I got from Ameriprise was learning ...
by PaunchyPirate
Wed Apr 29, 2020 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Drivers license Cancelled
Replies: 48
Views: 5524

Re: Drivers license Cancelled

As long as his airline ticket name matches the name on the Florida license handed to the TSA agent at the airport and the license doesn't have an expired date on it, they will let him fly. TSA does not run the drivers license through a computer to see if it is still valid.
by PaunchyPirate
Fri Apr 24, 2020 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken question- changing cost basis, adjusting holdings etc.
Replies: 14
Views: 400

Re: Quicken question- changing cost basis, adjusting holdings etc.

I am a longtime Quicken user (30 years or so maybe, I've lost track). I have never been able to use it for accurate cost basis tracking for very long. I no longer even try. I just ignore those aspects of the product. Between placeholders and the different way brokerages download transactions, I foun...
by PaunchyPirate
Fri Apr 24, 2020 7:25 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25015

Re: IRS Get My Payment up and running

Yep, after last night's maintenance, it now recognizes that my mother (social security recipient, files taxes each year, but didn't have any direct deposit info with the IRS) is eligible for the payment. Prior to today, it was not able to confirm her eligibility. It let me enter her direct deposit d...
by PaunchyPirate
Wed Apr 22, 2020 8:08 am
Forum: Personal Investments
Topic: Brokerage?
Replies: 7
Views: 611

Re: Brokerage?

Once you've funded all of the great suggestions above, there's absolutely nothing wrong with opening a taxable brokerage account and investing there (at Vanguard, Fidelity, or the likes). Buy whatever is needed to fill out your desired asset allocation. Ideally, stock index mutual funds work best he...
by PaunchyPirate
Wed Apr 22, 2020 7:56 am
Forum: Personal Investments
Topic: Retirees: Walk me thru your portfolio drawdown process
Replies: 39
Views: 3727

Re: Retirees: Walk me thru your portfolio drawdown process

Similar to above. I retired early 18 months ago and am now 57, so no social security. Also no pension. Taxable account is more than 2x what my IRA is. Prior to retirement, I stocked my savings/money market with 2 years of estimated expenses. It now seems that might last 3 years given my approach. Up...
by PaunchyPirate
Sun Apr 19, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25015

Re: IRS Get My Payment up and running

I've been trying to determine the status of my 82 year old mother's payment from the IRS website. Her income is provided by social security, a small pension, and small IRA distributions. She is well below any cutoff level for not getting the money. After a couple days of "Status not Available", the ...
by PaunchyPirate
Thu Apr 16, 2020 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Networks and MultiPlan
Replies: 1
Views: 103

Re: Health Insurance Networks and MultiPlan

You may have already found this, but here is an FAQ page from the multiplan website.

https://www.multiplan.us/members/
by PaunchyPirate
Sat Apr 04, 2020 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Europe Vacation, Corona, and Travel Insurance
Replies: 20
Views: 1585

Re: Europe Vacation, Corona, and Travel Insurance

I have cancelled most components of a self-booked 3-week trip to Ireland and Scotland for end-of-April to mid-May. For your airfare, I also recommend reading the current (and any future policy changes) from your airline if you didn't purchase a fully refundable ticket. As mentioned, they will probab...
by PaunchyPirate
Thu Apr 02, 2020 8:25 am
Forum: Personal Investments
Topic: Federal Money Market Fund outside settlement fund
Replies: 2
Views: 250

Re: Federal Money Market Fund outside settlement fund

Thanks David Jay. I also have part of my yearly living expenses sitting in Prime Money Market, but in that same account. I could move the Federal money into Prime, but it seems it might be a bit safer to leave it in Federal right now.
by PaunchyPirate
Thu Apr 02, 2020 7:46 am
Forum: Personal Investments
Topic: Federal Money Market Fund outside settlement fund
Replies: 2
Views: 250

Federal Money Market Fund outside settlement fund

I think I know the answer to this, but just want to be certain. I have a substantial amount of money in my Vanguard settlement fund of a taxable brokerage account. This means it's held in the Vanguard Federal Money Market Fund. At this time, I wish to keep this money relatively close to a cash posit...
by PaunchyPirate
Thu Mar 26, 2020 7:47 am
Forum: Personal Investments
Topic: Bought Vanguard Total Stock market 2 weeks ago, now ready to sell, how do I do this?
Replies: 17
Views: 1465

Re: Bought Vanguard Total Stock market 2 weeks ago, now ready to sell, how do I do this?

When you sell, the order will not execute until well after the trading hours. It will wait until the day's final price is established for the fund and then your order will be processed at that price. So, no, you won't know exactly what price you got until that evening or perhaps overnight. What you ...
by PaunchyPirate
Sun Mar 01, 2020 9:29 am
Forum: Personal Investments
Topic: Fired my advisor - what to do with in-kind investments?
Replies: 13
Views: 833

Re: Fired my advisor - what to do with in-kind investments?

Congratulations on your decision to leave the FA. A bit of advice on the "how to" side of this and not so much on the "should I do it" side... Before you move anything to Vanguard, use your existing brokerage's website to record all of the cost basis data for the holdings. Print it out, write it dow...
by PaunchyPirate
Sat Feb 29, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: tIRA withdrawal questions (home purchase)
Replies: 3
Views: 172

Re: tIRA withdrawal questions (home purchase)

I'm no expert on this topic, but I was curious since I've been dealing with the various IRA distribution codes this tax season. So I did some reading on the IRS website on the topic. Here is their help topic on the matter: https://www.irs.gov/taxtopics/tc557 I'm not familiar with what you term as "l...
by PaunchyPirate
Sat Feb 29, 2020 8:05 am
Forum: Investing - Theory, News & General
Topic: new VG dashboard [New Vanguard home page]
Replies: 47
Views: 2820

Re: new VG dashboard

Yep. I found the new/old overview page this morning when I signed in to the Vanguard site. It is indeed back to the way it was before they changed it months (over a year??) ago. I was one of several who complained about how useless the newer overview was in a Bogleheads posting just last week, I thi...
by PaunchyPirate
Mon Feb 24, 2020 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Tips for Picking a Health Insurance Plan?
Replies: 3
Views: 301

Re: Tips for Picking a Health Insurance Plan?

What I do is to assess what my current medical needs actually are. Make a list of your medications (if any) and how often you see your primary doctor and any specialists. Fully understand how each of your existing Doctors are covered by each plan (or not). Then use the info on the various plans' web...
by PaunchyPirate
Sun Feb 23, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Excess contribution to Roth IRA
Replies: 2
Views: 236

Re: Excess contribution to Roth IRA

I can't be sure how my experience will equate to yours since I discovered my excess contribution in December and had it fixed in 2019. But for me, Vanguard sent me a 1099-R with distribution codes of 8 and J. 8 indicates it was for the return of an excess contribution and J indicates it was an early...
by PaunchyPirate
Sun Feb 23, 2020 8:30 am
Forum: Investing - Theory, News & General
Topic: Can I open Roth IRA?
Replies: 5
Views: 482

Re: Can I open Roth IRA?

I unintentionally did what the OP is asking last year (2019). My initial planning for 2019 had me earning $4612 from my last bonus paycheck (my only W2 income in 2019) and I decided to put $3612 in my traditional IRA to reduce my taxable income and $1000 in a brand new Roth IRA to get the account op...
by PaunchyPirate
Fri Feb 21, 2020 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Any way to change Vanguard's account page format?
Replies: 8
Views: 896

Re: Any way to change Vanguard's account page format?

I've not found a way to return to the old-style Overview page either. I find the landing page after sign in to be mostly 100% a waste of my time. Sometimes, I do click on the Activity tab after signing in since it does provide a decent way to determine if there's been a recent transaction. But I the...
by PaunchyPirate
Wed Feb 19, 2020 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax e-filing for someone else (Mother)
Replies: 6
Views: 493

Re: Turbotax e-filing for someone else (Mother)

Thanks everyone. Sounds simple enough. Mom is a winter snowbird in Florida and pays Pennsylvania state taxes only (since Florida doesn't have state income taxes). So we both use Pennsylvania filing and won't require a second state download from Turbotax. As suggested, I'll still probably print her P...
by PaunchyPirate
Wed Feb 19, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax e-filing for someone else (Mother)
Replies: 6
Views: 493

Turbotax e-filing for someone else (Mother)

I'm a longtime Turbotax user. I have used Turbotax for the last 2 years to prepare my mother's (age 81) federal and state returns. In the past, I printed them out and sent them to her in Florida (I'm in Pennsylvania) to sign and send in. I am not a paid preparer of her taxes so I never have filled i...
by PaunchyPirate
Tue Feb 18, 2020 9:16 am
Forum: Personal Finance (Not Investing)
Topic: How does everyone visualize their finances?
Replies: 48
Views: 3461

Re: How does everyone visualize their finances?

I use Quicken for downloading and visualizing transactions (and resulting account balances and trends). I also use a Google spreadsheet for Asset Allocation tracking (I never liked Quicken's capabilities for this) and overall net worth tracking.
by PaunchyPirate
Thu Feb 13, 2020 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is money liquidated from inherited mutual funds reportable to IRS?
Replies: 12
Views: 1352

Re: Is money liquidated from inherited mutual funds reportable to IRS?

One possibility is that the estate paid all taxes due prior to the disbursement of the funds to the heirs. Because I don't want my heirs to get hit with tax complexity (fearing they won't know how to deal with it and will get hit with huge tax bills after they spent the money), my attorney has set u...
by PaunchyPirate
Tue Feb 11, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: ACA Tax Credit (2019)?
Replies: 6
Views: 780

Re: ACA Tax Credit (2019)?

I'm quite certain you must purchase your plan through the Healthcare.gov website in order to get your tax credits. Plans can be ACA-compliant without being sold through Healthcare.gov. That does not mean they qualify for the subsidy. It simply means they adhere to the healthcare requirements of the ...
by PaunchyPirate
Thu Feb 06, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: IRS EIN for family reunion banking account?
Replies: 12
Views: 910

Re: IRS EIN for family reunion banking account?

I'm impressed with you bankroll. I'm the Treasurer/President/Secretary of our family reunion and I simply keep the money in a white envelope. However, we usually have less than $100 and usually only ask for contributions every other year, where we usually get $75 or so. Over the years, our attendanc...
by PaunchyPirate
Fri Jan 24, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Prepping for retirement 3 yrs out - what to do?
Replies: 39
Views: 3777

Re: Prepping for retirement 3 yrs out - what to do?

What I did... You're already doing one of them. I meticulously tracked my expenses for a couple years prior to retirement to have a good handle on what I spent my money on and how much. I also made a plan on WHERE I was going to get my money from to live on -- specifically, which financial accounts/...
by PaunchyPirate
Wed Jan 22, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Back Credit Card Reward Strategy
Replies: 21
Views: 1933

Re: Cash Back Credit Card Reward Strategy

When I've opened a new card, my credit score (usually in the 800+) arena, might drop 5-10 points for a short time, but it works its way back up to where it was within a few months. I would do it now and get the rewards this year. I primarily use a 2-card approach. I use a PNC Bank card (also my loca...