Search found 7925 matches

by tfb
Sat Nov 17, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: News: Vanguard rolls out HSA's
Replies: 5
Views: 1388

Re: News: Vanguard rolls out HSA's

b0B wrote:
Sat Nov 17, 2018 12:42 am
Vanguard's own release.
Vanguard and HSA provider HealthEquity announce partnership
Doing this with a partner shows Vanguard had no intention to offer HSA on their own.
by tfb
Fri Nov 16, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 327
Views: 20526

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Those of you in CA who are striving to keep things tax free, which treasury funds do you recommend at Fidelity? I'm trying to use the screener, and it seems like iShares Treasury bond funds are the only ones that are commission free with low expense ratios, e.g. symbols IEI and IEF The iShares Trea...
by tfb
Fri Nov 16, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 327
Views: 20526

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Hayden wrote:
Fri Nov 16, 2018 12:38 pm
If I do a direct transfer from HSA Bank to Fidelity, is this something I have to remember to report on my tax return?
Nothing for a direct transfer.
by tfb
Fri Nov 16, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 13
Views: 1385

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

I would say the difference is ibonds have a floor, which is the rate of inflation. Money markets can and did go to almost 0%. In many situations ibonds have no more risk than money markets, but higher returns. Plus ibonds have tax deferral aspect. I wasn't comparing I Bonds with money market. I bro...
by tfb
Fri Nov 16, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 327
Views: 20526

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Reporting back on my experience this morning...My Fidelity rep walked me through the process of transferring assets in kind from HSA Bank and TD Ameritrade. Everything accomplished online. I just needed to input account numbers and attach the most recent statement from both. Online signature accept...
by tfb
Fri Nov 16, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 13
Views: 1385

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

That's true, but I was comparing I Bonds to TIPS. If we're comparing I Bonds to money markets, then I'd argue the MM isn't inflation indexed and isn't tax deferred. :) They're all useful in their own right, which makes apples to apples comparison challenging. That's my point - the differences betwe...
by tfb
Fri Nov 16, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 13
Views: 1385

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

One of the advantages mentioned (#4) is actually the advantage that makes comparison to TIPS a little silly. IBonds have no interest rate risk. They're like zero duration bonds within 30 years. If you know how long you'll hold the bond up front, it's easy - you can pick TIPS of the right duration a...
by tfb
Thu Nov 15, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 319
Views: 47791

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

Most seem to think that the Fidelity HSA has no HSA-specific account fees. But absence of an actual fee schedule, it's hard to know for sure at this point. The fee schedule: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/Brokerage_Commissions_Fee_Schedule.pdf The fees described ...
by tfb
Thu Nov 15, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 327
Views: 20526

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

You can electronically transfer cash up to the annual contribution limit. So if you transfer ftom HealthEquity to Fidelity at least annually, you will just be able to withdraw from HI and then electronically deposit with Fidelity without filling out any forms at all. Fidelity will then report it as...
by tfb
Wed Nov 14, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA rollover(s)
Replies: 6
Views: 781

Re: Multiple HSA rollover(s)

This paragraph from the link was confusing, making it sound like you can keep making distributions to make a lump-sum rollover: The 1-year rule is tracked to the date when you received the distribution, not when you deposited it as a rollover. Still, if you keep doing this, the date will be pushed ...
by tfb
Wed Nov 14, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Is there an online checking account that can do these three things?
Replies: 19
Views: 1180

Re: Is there an online checking account that can do these three things?

Alliant Credit Union fulfills all three criteria. ATM limit is $1000/day and mobile deposit max is $50,000. I've had an account for over a decade now but have never stepped into a branch. I don't exactly recommend them as their phone customer service is rather lacking. However, their interest rates...
by tfb
Sun Nov 11, 2018 9:28 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 327
Views: 20526

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

If Fidelity is $48/year, then Lively is still better at $30/year (2.50/mo). But it's one full fledged Fidelity brokerage account with many more free options than a TD Ameritrade account (index funds versus ETFs, iShares ETFs versus SPDR ETFs, commission-free Treasuries, ... ...). Can set up automat...
by tfb
Sun Nov 11, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Fidelity class change calculation. Numbers seem off, unless NAVs have extra decimal places.
Replies: 20
Views: 1168

Re: Fidelity class change calculation. Numbers seem off, unless NAVs have extra decimal places.

The NAV based on the values of the underlying holdings could always be calculated to more decimal places. But usually the price you buy or sell at is (rounded to be) in whole cents per share. The rounding can make a few bp difference. It makes sense to do what they did, as a few bp on the whole ass...
by tfb
Sun Nov 11, 2018 8:46 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 327
Views: 20526

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

https://thefinancebuff.com/best-hsa-provider-for-investing-hsa-money.html Comment 81:"Just talked to Fidelity to see if I could move my HSA account there. He said that 4th quarter of this year (2018) they will begin offering Standalone HSA accounts for those of us that cannot enroll through an empl...
by tfb
Fri Nov 09, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4821

Re: Doing taxes by hand

I am attracted to the idea of doing my taxes by hand with no software. Just the forms, a pencil, and calculator. Especially since TurboTax is like $70 now. Software under $20 (FreeTaxUSA etc.) is still much easier than doing it by hand, especially when you make changes. Oops, another 1099 came in. ...
by tfb
Thu Nov 08, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Statue of limitations on taking back unvested $ in 401K? What if value of match is now lower than original deposits?
Replies: 10
Views: 872

Re: Statue of limitations on taking back unvested $ in 401K? What if value of match is now lower than original deposits?

Do you know if there is a statue of limitations to pull this money back or can they, say, take the money back 20 years from now? There is not statute of limitations. Unvested means unvested. When you ask for a distribution (withdrawal or rollover), they can take the money back if they see a termina...
by tfb
Thu Nov 08, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 37
Views: 3778

Re: TurboTax on TaxMarkDown.com

The company is legit. I received my download link today and installed the software. Works fine. Receiving the download and the company being legit are two different things. These websites pop up every year and they never operate at the same web address for more than one year. Next year they will ha...
by tfb
Wed Oct 24, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell CDs and accept EWP
Replies: 10
Views: 1317

Re: When to sell CDs and accept EWP

This one works, but I think I have gotten some spurious results when trading in for a CD of shorter maturity. Then again, it could have been my error. Not my field, and I have been out of college longer than I would like to believe. https://thefinancebuff.com/cd-early-withdrawal-calculator.html Sor...
by tfb
Sun Oct 21, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: “The Worst Kind of Bear Market”
Replies: 23
Views: 4677

Re: “The Worst Kind of Bear Market”

No, TIPS were not available in the United States until 1998 (European countries introduced inflation-linked bonds much earlier), and they are not the ultimate answer to everything, and yes, just as with every other investment the income tax is levied on nominal gains and not real gains and therefor...
by tfb
Fri Oct 19, 2018 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Inflating AGI to avoid paying back ACA Premium Tax Credit
Replies: 42
Views: 3879

Re: Inflating AGI to avoid paying back ACA Premium Tax Credit

As it has already been pointed out, the AGI doesn't need to be inflated. You don't have to pay back PTC when your AGI is too low. You still may want to increase AGI but you don't have to. Premium Tax Credits do have to be paid back if income is too low. At least, in the state I reside in, they do. ...
by tfb
Fri Oct 19, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Inflating AGI to avoid paying back ACA Premium Tax Credit
Replies: 42
Views: 3879

Re: Inflating AGI to avoid paying back ACA Premium Tax Credit

As it has already been pointed out, the AGI doesn't need to be inflated. You don't have to pay back PTC when your AGI is too low. You still may want to increase AGI but you don't have to.
by tfb
Fri Oct 19, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

I disagree. The copay assistance programs acted like secondary/supplemental insurance plans, covering the amount the primary insurance wouldn't cover. The position of the primary insurers - wanting to make sure the patient bled their own money and not money from the assistance programs - is untenab...
by tfb
Fri Oct 19, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 35
Views: 2545

Re: Co-pay accumulators in new health plans

The "copay accumulator" means the insurer pockets the money from the assistance program, but no longer counts it towards your deductible or out-of-pocket-maximum ! Although it adds to your cost, it sounds legit as in how insurance should work. When you have reimbursement from somewhere else, you di...
by tfb
Fri Oct 19, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 51
Views: 5304

Re: Spoke with a CFP...underwhelming!

It doesn’t seem like a great analysis. The tax cost of bonds yielding 2% taxed at 40% is 0.8%. The tax cost of stocks with a 7% expected return taxed at 15% is 1.05% Do people really turnover their stocks every year in taxable? It's a spreadsheet. Don't hang up on just one example. You get to use w...
by tfb
Fri Oct 19, 2018 1:36 am
Forum: Investing - Help with Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 51
Views: 5304

Re: Spoke with a CFP...underwhelming!

2. Simplicity...we agreed on this mark, but he was even more simple than I imagined. I kept mentioned tax efficiency, such as bonds in a 401k/IRA but this wasn't the same advice. He mentioned having your target AA applied to all accounts. For example let's just say I'm 80/20 AA, he told me to do th...
by tfb
Tue Oct 16, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Stupid question on treasury direct
Replies: 3
Views: 509

Re: Stupid question on treasury direct

dimbmw wrote:
Tue Oct 16, 2018 2:52 pm
So how do i know that i will end up paying a fair price?
You will get the same price everyone else gets. That's just how the auction is designed. When you buy $1,000 you pay the same price as a bank buying $100 million.
by tfb
Tue Oct 16, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy repayment for s-Corp owner
Replies: 10
Views: 712

Re: ACA subsidy repayment for s-Corp owner

When you say it is assumed where is that ? The W-2 given by my s-Corp to me will only reflect the reduced subsidized premium and that is what I will have to put in the line 29 of the 1040 for the self employed health deduction. You should include the full unsubsidized premium on the W-2. The advanc...
by tfb
Tue Oct 16, 2018 1:27 am
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy repayment for s-Corp owner
Replies: 10
Views: 712

Re: ACA subsidy repayment for s-Corp owner

If I decide to pay the amount due next year with my tax filing , how do I get a deduction for my premiums ? It's automatic. You don't have to do anything extra. It's assumed you paid the full unsubsidized premiums in 2018 minus any actual subsidy you are eligible for as determined on your 2018 tax ...
by tfb
Mon Oct 15, 2018 12:14 am
Forum: Investing - Theory, News & General
Topic: Treasuries in higher tax state
Replies: 12
Views: 1190

Re: Treasuries in higher tax state

How do i go about purchasing treasuries with my vanguard brokerage account and are there costs that will eat into my returns that i'm not accounting for? You can buy new-issue Treasury bonds in Vanguard brokerage account at no cost. Select Transact, then scroll down to find "Trade bonds or CDs" at ...
by tfb
Sun Oct 14, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Health Insurance Strategy using Mega Back Door Roth IRA
Replies: 4
Views: 643

Re: Early Retirement Health Insurance Strategy using Mega Back Door Roth IRA

By maxing out the Mega Backdoor Roth IRA every year, I will minimize my future MAGI in early retirement, and I will be able to qualify for a large federal subsidy for ACA insurance as long as I keep my MAGI at 138% of FPL income. The Mega Backdoor Roth IRA will enable me to control my early retirem...
by tfb
Sun Oct 14, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Autoupdate google sheets with Tbill price/value
Replies: 6
Views: 531

Re: Autoupdate google sheets with Tbill price/value

folkher0 wrote:
Sun Oct 14, 2018 9:37 am
There is a google sheets function TBILLPRICE, but the calculated values don't seem to agree with my fidelity account.
Does it have to be very precise? I would think a linear progression toward the face value based on the number of days passed would be close enough.
by tfb
Wed Oct 10, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Any Self Employed people near the ACA cliff experiencing this situation?
Replies: 7
Views: 608

Re: Any Self Employed people near the ACA cliff experiencing this situation?

It doesn't appear your software did it correctly (bad user input or bad logic in software). Please use this calculator for how much you can deduct and how much tax credit you can take. If the amount of credit you can take is less the advance credit you received, you are required to pay back the dif...
by tfb
Wed Oct 10, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Any Self Employed people near the ACA cliff experiencing this situation?
Replies: 7
Views: 608

Re: Any Self Employed people near the ACA cliff experiencing this situation?

I am getting some incredible results from my tax software. I wanted to make sure they are correct. I really like what I am seeing: I have ACA bronze plan (cheapest) with $18030 premium. When I enrolled I was able get $18000 Premium Tax credit (based on my guess for expected income). On Form 1040, I...
by tfb
Mon Oct 01, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6706

Re: Do Bonds Go in Taxable?

So the scenario: In this day and age (2018), MFJ, 24% marginal or up, +/- state tax (don't think it matters), AA 80:20, 20-30 years till retirement, with this breakdown of accounts: - 50% traditional (401k) - 40% Roth IRA - 10% taxable When you have only 10% of the portfolio in taxable, where bonds...
by tfb
Tue Sep 25, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 ACA prices out
Replies: 47
Views: 4890

Re: 2019 ACA prices out

Bru - I have called up a few local health insurance reps. They don't even deal with the short term plans - just covered california which is our ACA . Web searches just return the virtually useless $200/day hospitalization plans for $250/month or so and result in massive amounts of emails/phone call...
by tfb
Tue Sep 25, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Health care question - self employed- Whats your plan? Advice Needed
Replies: 24
Views: 1996

Re: Health care question - self employed- Whats your plan? Advice Needed

For those who are self employed, I understand health insurance costs are deductable against income. How does that impact qualification for potential ACA subsidies? I'm toying with doing some consulting in early retirement. Current cost for an ACA policy for my wife and i is about $30k per year. If ...
by tfb
Tue Sep 18, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38656

Re: Northwest FCU 3-year 3.04% Add-On CD

I just logged in with Chrome and both my savings account and the CD disappeared. If it happens to you try a different Browser. Firefox worked for me.
by tfb
Tue Sep 18, 2018 1:02 am
Forum: Personal Finance (Not Investing)
Topic: BofA - Am I Shadow-Loaning to Them?
Replies: 9
Views: 884

Re: BofA - Am I Shadow-Loaning to Them?

Or am I being unfair and paranoid? Yes. B of A uses a bill pay provider between their banking side and their credit card side. The bill pay provider has to get the money from the banking side first and then pay the credit side. If you use B of A bill pay to pay a Chase credit card, the process is t...
by tfb
Tue Sep 18, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: BofA - Am I Shadow-Loaning to Them?
Replies: 9
Views: 884

Re: BofA - Am I Shadow-Loaning to Them?

Or am I being unfair and paranoid? Yes. B of A uses a bill pay provider between their banking side and their credit card side. The bill pay provider has to get the money from the banking side first and then pay the credit side. If you use B of A bill pay to pay a Chase credit card, the process is t...
by tfb
Fri Sep 14, 2018 2:17 am
Forum: Investing - Help with Personal Investments
Topic: Any issues keeping <$1MIL in VMFXX (Money Market Fund)?
Replies: 21
Views: 3087

Re: Any issues keeping <$1MIL in VMFXX (Money Market Fund)?

Going to start my Vanguard journey with $500K-1MIL (3 fund portfolio) - but while I'm waiting to sort out details of allocation I want, etc -- are there any issues or repercussions with keeping that money in VMFXX in the meantime for up to 3 months or so? While everyone else talked about money mark...
by tfb
Wed Sep 12, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: Mega backdoor roth vs Keeping company issued stock
Replies: 9
Views: 602

Re: Mega backdoor roth vs Keeping company issued stock

My understanding is that even if I'd like to keep the company issued stock (and not buy VTSAX or what have you with the money), I should sell the stock as soon as it vests, move it to my 401k -> Roth IRA. You can only contribute from your paychecks. So contribute, move to Roth IRA, buy company stoc...
by tfb
Tue Sep 11, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6055

Re: Lab test prices - exasperating!

If there is an easy straightforward way to get prices on lab blood tests, could someone please tell me? I recently found some good use of a cost estimator tool provided by my insurance company. I successfully used it for an MRI and found a provider that charged 1/2 of what the doctor's affiliated f...
by tfb
Tue Sep 11, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38656

Re: Northwest FCU 3-year 3.04% Add-On CD

dollarsaver wrote:
Tue Sep 11, 2018 9:23 am
I would like to wire my funds after maturity to Vanguard. But will NWFCU only wire $10K per day or the whole amount?
No limit for wire and no fee if you are over 62 (otherwise $15).
by tfb
Tue Sep 11, 2018 2:08 am
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 2079

Re: Fine tuning income around the ACA cliff

Sounds to me like you are tracking everything. We are both working and self employed so a lot of variable income. I run a spreadsheet with all my estimates at the start of the year and then adjusted as I get real numbers . It's a little easier when you have earned income. Your IRA contributions can...
by tfb
Mon Sep 10, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Can I contribute to HSA this year?
Replies: 9
Views: 848

Re: Can I contribute to HSA this year?

jeff622859 wrote:
Mon Sep 10, 2018 4:26 pm
Can my employer make their contribution in 2018 to the HSA?
Yes, but you will have to withdraw it after Dec. 31 as excess contributions. You are still better off even though the money becomes taxable.
by tfb
Mon Sep 10, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25%
Replies: 36
Views: 5343

Re: NASA FCU- 15 month CD 3.25%

MikeG62's comments also are representative of the way I'm thinking about it. A few years ago I probably would have jumped on it, but I'm getting lazier about joining and dealing with multiple credit unions. I agree. The short maturity also makes it not appealing. If I get the extra yield for 5 year...
by tfb
Mon Sep 10, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38656

Re: Northwest FCU 3-year 3.04% Add-On CD

NWFCU replied saying their push to external account only allows $10,000/day and $30,000/month. I usually prefer push to pull because money pulled in can be subjected to a hold, especially for a large amount. Wire costs $15 unless you are heritage club (over 62). I'm closing my savings account after ...
by tfb
Sun Sep 09, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: RSU tax payment question - Sell to Cover or Pay Cash
Replies: 3
Views: 442

Re: RSU tax payment question - Sell to Cover or Pay Cash

By default, it's on " Sell to Cover " as RSU vests. So if I vest 10 shares, 4 shares are sold automatically by broker for tax withholding purpose Pay Cash to Cover Taxe s: does this mean i get to keep all my vested shares and pay tax later per usual during April? It doesn't make any difference. If ...
by tfb
Sun Sep 09, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 6356

Re: Paying off mortgage with 87K left on it

because so long as I have this mortgage I would not plan on using any of that EF to invest in the markets in the first place. This constraint is set by yourself. Maybe it should be questioned if you are looking for alternatives. "[T]he markets" don't have to be 100% stocks. Either way would not be ...
by tfb
Sun Sep 09, 2018 7:43 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38656

Re: Northwest FCU 3-year 3.04% Add-On CD

Time to resurrect this thread as our certificates are coming to mature! Has anyone received maturity notice yet? What's the default? How are you giving your instructions whether to roll or not roll? If not rolling, how are you transferring the money out? Any limit on ACH push from NWFCU to linked ex...