Search found 77 matches

by cmublitz
Thu Sep 27, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Switching to FIOS, frozen credit, thaw required?
Replies: 8
Views: 681

Re: Switching to FIOS, frozen credit, thaw required?

I have always filed the request first and then let the company send me a letter saying they couldn't process my request because they couldn't access my credit at XYZ credit bureau. Once I have the name of the credit bureau they use, I thaw it, call the number given on the letter and they do the cre...
by cmublitz
Wed Sep 12, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2697

Re: Utility usage way up

Not your issue, but a "friend of a friend" had an anecdote that their electric bill shot way up one month, like $200 -> $1200. It turned out the house had a driveway heater for melting snow that they didn't know about. They discovered it after the huge bill. I assume it looked like a normal switch t...
by cmublitz
Wed Sep 12, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 4772

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

Tax Loss Harvesting has the effect of fragmenting an otherwise "clean" 3 fund portfolio. I am now "stuck" holding both VTSAX (Vanguard Total Stock Market) and VFIAX (Vanguard 500 Index) because of that choice to realize short term losses. Simplicity became the victim in pursuit of reducing taxes yea...
by cmublitz
Mon Jun 04, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: How gameable is the FAFSA for the early retiree?
Replies: 24
Views: 2912

Re: How gameable is the FAFSA for the early retiree?

According to https://www.edvisors.com/fafsa/eligibility/simplified-needs-test/ the parents would additionally need to have an AGI less than $50,000 which is lower than the $100,000 limit on the 1040A. Presumably, one could do whatever stock sales they were planning before entering the college-paying...
by cmublitz
Tue Apr 10, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 13
Views: 1850

Re: Maryland 529 College Investment Plans

You may also be interested in the $250/year/account matching funds MD makes available: https://maryland529.com/MDMatch250. I was wondering about that too. At the bottom of the page, the fine print says: *State Contributions are not guaranteed. The State funding for contributions is limited to (i) $...
by cmublitz
Mon Apr 09, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 13
Views: 1850

Re: Maryland 529 College Investment Plans

For what it is worth: http://lkbenson.com/blog/change-in-maryland-529-plan-rules referencing http://mgaleg.maryland.gov/2016RS/bills/hb/hb0335t.pdf claims the same as invstar does - that you can use one account instead of one per spouse and still get the full $5000 deduction per child from MD taxes ...
by cmublitz
Mon Mar 12, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: HSA custodian - Further
Replies: 3
Views: 455

Re: HSA custodian - Further

Thank you JamesSFO. With that information, I was able to locate http://www.imctr.com/uploadedFiles/Home/Public_Carrier_Pages/Carrier_News/2018/Member%20Communication%20%E2%80%93%20CareFirst%E2%80%99s%20New%20Partnership%20with%20Further%20SM%20for%20Health.pdf which confirms the rename from "Select ...
by cmublitz
Fri Mar 09, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: HSA custodian - Further
Replies: 3
Views: 455

HSA custodian - Further

Hey Everyone, I recently found out my company is switching HSA custodian from BenefitWallet to Further. Has anyone heard of this company? I'm having trouble even finding their website. It doesn't help that it is a relatively common English word so there are a bunch of erroneous results from Google. ...
by cmublitz
Tue Sep 12, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Have you opened a 2nd "Inquiry Only" Vanguard account?
Replies: 6
Views: 1792

Have you opened a 2nd "Inquiry Only" Vanguard account?

Can you open a 2nd Vanguard account for the purposes of linking it as "Inquiry Only" to your real Vanguard account? I would estimate that 95%+ of the time I log in to Vanguard is to only check balances and would prefer the safety of using a read-only type of access. This would also possibly permit a...
by cmublitz
Wed Aug 16, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Is there anything I need to know before investing in an HSA?
Replies: 4
Views: 578

Re: Is there anything I need to know before investing in an HSA?

My HSA had a relatively high flat monthly fee for having the investment account open. It made it so that it only made sense to invest with ~$6K+ in the HSA. There was no additional fee for only using the base account that provides checking account level interest. Your company's HSA provider might be...
by cmublitz
Mon Jul 31, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 179
Views: 33946

Re: $13 Million Goal for Early Retirement (am I crazy?)

I agree, that is an impressive increase!

Also, I didn't see if anyone else mentioned this, but you're holding VTSAX in both taxable and your IRA. Doesn't this make it more difficult to tax loss harvest without running into a wash sale?
by cmublitz
Tue Jun 13, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 5588

Re: Roth 401k > Traditional 401k

I believe the employer 401K contributions are always pre-tax traditional, even if your employee side is Roth. The 401K employee contribution limit is $18K, or less if you are a HCE. The 401K limit is regardless of traditional or Roth. The $5500 IRA contribution limit does not impact the 401K contrib...
by cmublitz
Fri Jun 02, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: HSA required baseline cash balance
Replies: 3
Views: 526

Re: HSA required baseline cash balance

I believe it is fairly common. My HSA cash minimum is $1k. The fees for opening the investing portion above the cash minimum make it prohibitively expensive to invest amounts barely over that threshold.

Some HSA brokers do not have a cash minimum and some just charge more for not meeting it.
by cmublitz
Thu Apr 13, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 53436

Re: USAA 2.5% Cash Back Credit Card

First of all, you're unlikely to be able to convert an American Express to a Visa. I called and made this request in converting my current USAA Visa (that used to be a USAA Mastercard) to this new 2.5% Visa, and the representative I spoke said explicitly that they used to allow that, but stopped so...
by cmublitz
Thu Apr 13, 2017 8:06 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 53436

Re: USAA 2.5% Cash Back Credit Card

I already have a USAA Cashback Rewards AmEx. Can I get them to just convert that to the new 2.5% card? I already meet the direct deposit and geographical requirements. We tried to do that and the USAA representative said they couldn't. Maybe I didn't speak the right magic words, but we ended up hav...
by cmublitz
Tue Feb 28, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 53436

Re: USAA 2.5% Cash Back Credit Card

https://mobile.usaa.com/inet/wc/credit_card_limitless_cashback_rewards_terms?akredirect=true What is a Qualifying Direct Deposit? A Qualifying Direct Deposit is a single electronic transfer of at least $1,000 into your USAA checking account that you initiate with your employer, a government entity,...
by cmublitz
Tue Oct 18, 2016 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Gap year of employment - how can I benefit?
Replies: 26
Views: 3495

Re: Gap year of employment - how can I benefit?

Did you already do a Roth IRA contribution for $4K (or whatever amount you earned)? Would the Saver's Credit apply?
by cmublitz
Thu Sep 29, 2016 3:00 pm
Forum: Investing - Theory, News & General
Topic: why not just buy BRK
Replies: 91
Views: 10481

Re: why not just buy BRK

Does the under-performance hold true in taxable accounts as well? I'm operating under the assumption that BRK has very low turn over of their holdings (since Buffett is the classic buy and hold forever guy) and doesn't have any dividend tax drag.
by cmublitz
Mon Sep 26, 2016 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: HSA investment options
Replies: 2
Views: 413

Re: HSA investment options

+1 to bobby's reply. How much of your total Asset mix does the HSA represent? It is ~1% for me, so it isn't really on my radar. I just went with NAESX Vanguard Small Cap to not have to worry about the account when I want to TLH in my taxable account. Also, I made the mistake of opening the SaveDaily...
by cmublitz
Mon Sep 19, 2016 2:47 pm
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 8209

Re: The states we won't buy munis from, update

Please forgive my ignorance, but can you shed some light on what factors are weighed for those judgements? For example, doesn't Maryland still have a AAA credit rating, albeit with a very high debt load? What factors in more? Debt levels, pension funding levels, income stability, likelihood of regi...
by cmublitz
Mon Sep 19, 2016 10:23 am
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 8209

Re: The states we won't buy munis from, update

Please forgive my ignorance, but can you shed some light on what factors are weighed for those judgements? For example, doesn't Maryland still have a AAA credit rating, albeit with a very high debt load? What factors in more? Debt levels, pension funding levels, income stability, likelihood of regio...
by cmublitz
Mon Sep 19, 2016 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Where's the error in my 401k plan?
Replies: 10
Views: 1272

Re: Where's the error in my 401k plan?

When did you cap out your $18K employee side of the 401k? Some companies stop "matching" when there isn't any more employee side contribution. Some "true up" at the end of the year and some don't. Maybe you were done contributing some time in July, so the employer-side match stopped too?
by cmublitz
Thu Mar 24, 2016 6:32 am
Forum: Investing - Theory, News & General
Topic: Hypothetical: How would you invest for growth if you couldn't invest in any stock market
Replies: 24
Views: 2605

Re: Hypothetical: How would you invest for growth if you couldn't invest in any stock market

So you're asking about the preferred order and risk/reward of real estate, high yield bonds, precious metals/commodities, p2p loans, direct business investments, etc?
by cmublitz
Thu Mar 24, 2016 6:25 am
Forum: Investing - Help with Personal Investments
Topic: I generally invest in Roth accounts, but should I invest in a Traditional IRA?
Replies: 57
Views: 4168

Re: I generally invest in Roth accounts, but should I invest in a Traditional IRA?

Right, you wouldn't deduct your Traditional IRA contribution and then immediately convert it to Roth IRA, since you could have just contributed to the Roth IRA directly anyway. The options that make sense are: Traditional IRA for the deduction Contribute directly to the Roth IRA Perform the "backdoo...
by cmublitz
Tue Mar 08, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: backdoor roth ira: $50 needs to be remained in tIRA? [Fidelity]
Replies: 9
Views: 909

Re: backdoor roth ira: $50 needs to be remained in tIRA? [Fidelity]

+1 to harikaried

I do my Roth IRA conversions at Fidelity and so I have a $0 tIRA that has remained open for ~4 years, occasionally getting a couple grand in it for a few days.
by cmublitz
Fri Mar 04, 2016 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella policies?
Replies: 33
Views: 3854

Re: Umbrella policies?

What was the payout, and how much of that was actual damages? ie how much of it was pain and suffering compensation vs actual medical and property damage bills Curious about this too since umbrella payout seems to be considered such a rare event. Did they go after any asset $ beyond the insurance l...
by cmublitz
Fri Feb 05, 2016 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Started new job - what to do with my old 401k?
Replies: 6
Views: 782

Re: Started new job - what to do with my old 401k?

I kept my 401K at my old employer for 2 reasons:
  1. I believe they only deposited the employer match to enrolled participants, once in March.
  2. It needed to remain as 401K money rather than IRA to permit clean Backdoor Roth contributions.
by cmublitz
Thu Feb 04, 2016 6:26 am
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 16286

Re: How to get a 200k+/year job?

Law degree + your engineering background => patent law in your field of expertise. Not sure if it is 200K+, but I wouldn't be surprised. Middle management and senior systems engineers at computer tech firms probably do too. Software engineers/programmers in Silicon Valley probably make that. I would...
by cmublitz
Wed Feb 03, 2016 8:28 am
Forum: Personal Finance (Not Investing)
Topic: What growth rate would you use?
Replies: 75
Views: 6055

Re: What growth rate would you use?

90/10 with 6% growth and 3% inflation assumptions, so 3% real.
by cmublitz
Thu Jan 21, 2016 6:17 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Accredited Investor REIT
Replies: 12
Views: 3552

Re: Fundrise - Accredited Investor REIT

Oh wow, I hadn't seen that news because I'm not all that interested in REIT tilting. Those are pretty heavy warnings. Hopefully they will be enough to waive him off in this case.
by cmublitz
Thu Jan 21, 2016 5:38 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Accredited Investor REIT
Replies: 12
Views: 3552

Fundrise - Accredited Investor REIT

Hey Bogleheads, One of my friends is getting mailings from and is seriously considering https://fundrise.com/reits/fundrise-ereit/view . My default obviously would be to just invest in VGSLX - Vanguard REIT Index Fund if you want REIT exposure, but he likes their approach. From spending a few minute...
by cmublitz
Fri Jan 15, 2016 6:57 am
Forum: Personal Finance (Not Investing)
Topic: What's your company 401k contribution
Replies: 105
Views: 7721

Re: What's your company 401k contribution

Ascensus/Vanguard, 6% match, great fund lineup, no pension.
by cmublitz
Mon Jan 11, 2016 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about TLH
Replies: 4
Views: 407

Re: Confused about TLH

It has to be a loss relative to when you purchased. Say you bought at $10 / share, it goes up to $20 / share, then down to $8 / share. You could TLH the $2 / share difference between purchase price and the current valuation. The $20 / share intermediate price is irrelevant. That is why you often onl...
by cmublitz
Fri Jan 08, 2016 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth mistake, how to rectify?
Replies: 3
Views: 285

Re: Backdoor Roth mistake, how to rectify?

I don't think this matters much. Say the fund does go up $50 while you transfer it. Not that big a deal to pay the taxes on the $50 gain. And if you did this recently, more than likely you'll have losses anyway.
by cmublitz
Thu Jan 07, 2016 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Reaching Qualified Dividend Status vs TLH Opportunities
Replies: 1
Views: 227

Reaching Qualified Dividend Status vs TLH Opportunities

Hey Bogleheads, Anyone else in this situation? I had the following happen TLH'd on 12/14/2015 (YAY!) Received dividend distributions on 12/18/2015 from those shares (BOO!) Today I'm back in the red on those shares (BOOOOOOOOO! HISSSSSSSSSS!) To get dividends as qualified as they can, I need to hold ...
by cmublitz
Thu Jan 07, 2016 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Should I continue to invest in a taxable account?
Replies: 10
Views: 1993

Re: Should I continue to invest in a taxable account?

There is a minor benefit to holding both a Target Retirement fund and the 3 fund if 1 is in Tax advantaged and the other is in Taxable. If you ever want to Tax Loss Harvest, it makes it a lot easier to do so if you don't have overlapping funds. For example, holding VTSAX in an IRA and your taxable a...
by cmublitz
Thu Jan 07, 2016 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Funding a backdoor Roth for 2015 in 2016
Replies: 33
Views: 8055

Re: Funding a backdoor Roth for 2015 in 2016

I would think you could just open a new Traditional IRA account at any broker and drop in $5500 as a 2015 contribution before April 2016 and then another $5500 as a 2016 contribution. You could then convert that $11000 Traditional IRA to a Roth IRA in 2016. The Rollover IRA should be put back into a...
by cmublitz
Thu Jan 07, 2016 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth/IRA contributions
Replies: 7
Views: 834

Re: Back Door Roth/IRA contributions

I lump sum at the beginning of the year. It makes for a nice and clean statement and also "time in market" and all that. So far this year, I've contributed to the Traditional IRA and done the conversion to Roth IRA 2 days later. The $5500 is still sitting in cash in the Roth IRA. Minor touch of mark...
by cmublitz
Tue Dec 29, 2015 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Options for Social Security claiming
Replies: 8
Views: 1308

Re: Options for Social Security claiming

Thank you for the SS calculator analysis. I hadn't used one yet, but I suspected that expected longevity would factor in to one strategy vs another being optimal.
by cmublitz
Tue Dec 29, 2015 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Options for Social Security claiming
Replies: 8
Views: 1308

Re: Options for Social Security claiming

That was my understanding, according to this Kitces article https://www.kitces.com/blog/navigating-the-effective-date-deadlines-for-the-new-file-and-suspend-and-restricted-application-rules/ . That A) he can File&Suspend before April 29, 2016 and that B) she can file a Restricted Application after A...
by cmublitz
Mon Dec 28, 2015 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Options for Social Security claiming
Replies: 8
Views: 1308

Re: Options for Social Security claiming

Thanks for the replies so far! Option 4 would take a pretty heavy amount of song and dance to convince him, but it is certainly worth knowing all the options and seeing other perspectives. Does the likely relative longevity come in to play as well for the decision? He was a beacon of life until abou...
by cmublitz
Mon Dec 28, 2015 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Options for Social Security claiming
Replies: 8
Views: 1308

Options for Social Security claiming

Hey Everyone, An offhand comment about Social Security came up during a holiday-time conversation to pass the time. From my point of view, File&Suspend made great sense for them, but he believed that it didn't apply. I'm way too young to really know/care much about SS, but assumed File&Suspend was t...
by cmublitz
Thu Dec 17, 2015 8:41 am
Forum: Investing - Help with Personal Investments
Topic: brokerage -> 401k -> roth ira?
Replies: 5
Views: 682

Re: brokerage -> 401k -> roth ira?

You can't directly transfer money from a brokerage/taxable account into a tax advantaged 401K account. Money in a traditional 401K account is held pre-tax from your salary and money in a Roth IRA is post-tax. To rollover money from the traditional 401K to the Roth IRA will create a taxable event of ...
by cmublitz
Wed Dec 16, 2015 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvest question
Replies: 20
Views: 1565

Re: Tax loss harvest question

As I look at the price charts for both VTIAX and WFWAX they are, for all practical purposes, identical. How could this transaction not be considered a wash sale? I don't see how they could be considered substantially different. On Vanguard I see: VTIAX - Vanguard Total International Stock Index Fun...
by cmublitz
Wed Dec 16, 2015 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvest question
Replies: 20
Views: 1565

Re: Tax loss harvest question

Out of curiosity. Doesn't this example represent a mixed bag of possible optimization routes? On the one hand you want to time the moves to dodge dividend distributions, but on the other, by delaying much past a local minima of Friday Dec 11, it is possible some/much of the short term losses will ev...
by cmublitz
Mon Dec 14, 2015 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: TLH at year end + Qualified Dividend status
Replies: 2
Views: 296

TLH at year end + Qualified Dividend status

Hi Bogleheads, Suppose I exchange VTIAX (Total exUS International) for VFWAX (FTSE All-World ex-US) today and then receive a dividend from VFWAX in a few days. Will the dividend be non-qualified for 2015 tax purposes because I will have less than 61 days that I can hold it in 2015, or will it become...
by cmublitz
Tue Nov 03, 2015 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: To Roth or not to Roth my 401k
Replies: 5
Views: 883

Re: To Roth or not to Roth my 401k

Seems like a good idea to me. That partially low earning year is pretty special for you docs. Might not have been the perfect move if you decide to retire early instead of growing a huge pile of assets, but it wouldn't be a disaster even then.
by cmublitz
Wed Oct 28, 2015 5:42 am
Forum: Investing - Help with Personal Investments
Topic: Small business 401(k) Fund Lineup - Feedback?
Replies: 5
Views: 548

Re: Small business 401(k) Fund Lineup - Feedback?

The small business (<1 million AUM, ~11 employees) I work for recently signed up with Ascensus/Vanguard for 401K provider and we were given a very similar fund line up with a few differences: VTSAX - Total Stock Market (Part of 3 Fund) A biotech/healthcare fund that I can't remember the ticker for N...
by cmublitz
Wed Oct 21, 2015 7:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard SpecID displaying Average cost basis
Replies: 8
Views: 1204

Re: Vanguard SpecID displaying Average cost basis

OP, After you made the change, did you hit "continue" and finally "submit" the change? I think you end up with a confirmation number and email after the request is received. I believe so. However, I can't find the confirmation email. The Cost Basis settings screen and all of the accounts show "Spec...