Search found 8714 matches

by celia
Mon Jan 21, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Which Brokerage Companies send Stock Annual Reports (regardless of your settings)?
Replies: 2
Views: 145

Re: Which Brokerage Companies send Stock Annual Reports (regardless of your settings)?

You can download annual reports and other documents from the investor relations web site of the companies (download, no need to print). I know that but I want paper copies from several companies. For example, Disney's is often a collector's item. And I want the invitation to Berkshire's annual stoc...
by celia
Mon Jan 21, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Which Brokerage Companies send Stock Annual Reports (regardless of your settings)?
Replies: 2
Views: 145

Which Brokerage Companies send Stock Annual Reports (regardless of your settings)?

We own a couple of individual stocks for various reasons. Recently, it occurred to me that we hadn't received any annual reports for over a year, even though we've owned the stocks longer than that. I suspect the problem is that every time we do an online transaction at Vanguard without all our acco...
by celia
Mon Jan 21, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I contest a medical bill with doctor's office if insurance says it's not covered?
Replies: 29
Views: 2177

Re: Can I contest a medical bill with doctor's office if insurance says it's not covered?

I'm wondering if the lab did the wrong test. Did the doctor order this test? Did she/he code the labwork request correctly? I called the lab and the did the right tests including the CF test. But is that what the doctor wanted done? Did the doctor make a mistake and write down the wrong code? For e...
by celia
Mon Jan 21, 2019 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: How to title IRA for CDs
Replies: 1
Views: 169

Re: How to title IRA for CDs

I have a little over $500,000 in my IRA (in Vanguard Prime Money Market Fund) and would like to put it in a CD at a credit union offering close to 3% for 1year! Problem is to get the FDIC insurance I can only use $250,000. Is there a way to create two ownership categories so I can purchase two CDs ...
by celia
Mon Jan 21, 2019 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can I contest a medical bill with doctor's office if insurance says it's not covered?
Replies: 29
Views: 2177

Re: Can I contest a medical bill with doctor's office if insurance says it's not covered?

I'm wondering if the lab did the wrong test. Did the doctor order this test? Did she/he code the labwork request correctly?
by celia
Mon Jan 21, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 50
Views: 3678

Re: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

Today's weather in Sunnyvale (in January) is pretty cold. It's projected to be 45-58 degrees today.
Here is the forecast for the next 10 days.

That's too cold for me, so I shall stay in Southern California. :D
by celia
Mon Jan 21, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Capital Gains
Replies: 8
Views: 825

Re: Roth Conversion and Capital Gains

Here is how to free up room for Roth conversions: Perhaps you can tweak your taxable holdings to reduce/eliminate the amount of non-qualified dividend income and interest in the taxable account. Hold your taxable bonds in the traditional IRA space instead of taxable. If you can shift this 20-30K of ...
by celia
Mon Jan 21, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Capital Gains
Replies: 8
Views: 825

Re: Roth Conversion and Capital Gains

I just hadn’t realized the loss of the 0% bracket until I started running the numbers. I am having a hard time giving up a bird in the hand without knowing for sure that I will pay significantly more later. If you have been at a 0% to 15% tax bracket in the past and have a total in tax-deferred ret...
by celia
Mon Jan 21, 2019 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rollover to IRA - Third Party Provider
Replies: 20
Views: 6061

Re: 401K Rollover to IRA - Third Party Provider

I fail to see any benefit in this third-party "service". It looks very complicated to me and a potential for identify theft if something goes wrong. Then how / who will put the pieces back together? I'm guessing the third-party provider did a superb "sales job" on your employer or existing 401K cust...
by celia
Sun Jan 20, 2019 4:48 am
Forum: Personal Finance (Not Investing)
Topic: Divorce w/child. Spouse wants to move.
Replies: 128
Views: 8203

Re: Divorce w/child. Spouse wants to move.

One other note: Southwest city is low cost of living, where northeast city is high cost of living (about 18% higher cost of living). I think the cost of living may (or may not) be relevant. Say, for calculation purposes, you moved to the SW, but stayed married. Your (joint) cost of living would be ...
by celia
Sun Jan 20, 2019 2:26 am
Forum: Personal Finance (Not Investing)
Topic: Wills- Options other than family/charities?
Replies: 33
Views: 1632

Re: Wills- Options other than family/charities?

I was talking to Vanguard about this recently in regards to Inherited IRAs. One place you CAN'T leave your tax-deferred accounts to is foreign charities that are not recognized by the IRS (ie, have an EIN or other identifying number). [This came up for me because I have a relative who wants to leave...
by celia
Sat Jan 19, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: 401k - withdraw all at once? check my math
Replies: 11
Views: 751

Re: 401k - withdraw all at once? check my math

I'm looking for someone to check my logic here if she goes the route of withdrawing it all: Federal: 16000 - 12200 standard deduction - 1300 over 65 exemption = 2500 at the 10% bracket for $250 federal tax State: 16000 - 6650 - standard deduction - 1250 over 65 exemption - 4250 personal exemption =...
by celia
Sat Jan 19, 2019 12:20 am
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 108
Views: 9565

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

Many owners are now paying a maid service to do the cleaning and want/have to give them a "living wage" appropriate to their localilty. This fee is usually the same if you stay one night or 20, so longer visits make this rather inconsequential. Airbnb gets the service fee. It probably varies on seve...
by celia
Fri Jan 18, 2019 5:04 pm
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 71
Views: 8469

Re: pros and cons of target date funds?

- Tax efficiency: By separating out the funds, you can optimize your tax efficiency, such as putting bonds in 401k, international in Roth, total stock market in taxable, etc. You can't do this with a target fund since all three would be in the same fund. I'm curious on you rational behind this? I u...
by celia
Fri Jan 18, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1465
Views: 239159

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

If you end up having to do a share conversion before the transfer, for example from Admiral to Investor, those things may end up being lost. That ended up changing my cost basis from SpecID to average. After months of fighting with both Vanguard and Merrill Edge, I just gave up in trying to fix thi...
by celia
Fri Jan 18, 2019 6:15 am
Forum: Investing - Help with Personal Investments
Topic: Investment switch without my knowledge
Replies: 4
Views: 580

Re: Investment switch without my knowledge

They probably just mapped each old fund to the closest new fund there was. And the allocation to each fund would certainly charge over time as one fund grows more than others and one fund does worse than others. I hope your balance is close to what it used to be! Why don''t you call the phone number...
by celia
Fri Jan 18, 2019 12:50 am
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 95
Views: 7408

Re: When would you stop being a Boglehead?

I feel like I've always been a Boglehead, even before Bogleheads.org or Vanguard started. Since it's ingrained in me, I don't know if I could ever NOT be one, even if Bogleheads didn't exist.
by celia
Thu Jan 17, 2019 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11137

Re: Have I Now Become Out of Touch Financially? Aging question...

I see 1600 sq ft houses selling for $1+ mil, many people driving $100-200K cars, even a decent pickup truck is $40+K, tradesmen driving $65K trucks and their wives driving $70K Escalades. Heck, 15 year old econboxes are selling for $8K. That does not mean the people who have these things can afford...
by celia
Thu Jan 17, 2019 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 36
Views: 2946

Re: Roth conversion

For those who are in early retirement and with significant tax deferred savings, are you doing "mega" Roth conversions, meaning not at the level of zero taxes or even the lowest tax bracket. This would likely be folks in 50s and 60s. Love to hear your thought process on both sides---doing or not do...
by celia
Thu Jan 17, 2019 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: 57 yr old w/$14K
Replies: 24
Views: 3610

Re: 57 yr old w/$14K

Pay off the debt (except the property he owns and is living in)! The interest will compound and take all he has!

The $14K should be his Emergency Fund. He will need it at some point.
by celia
Wed Jan 16, 2019 5:08 am
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2941

Re: Are mega back door Roth contributions considered contributions?

OP here again. I think I get it now. There are two ways to add money to a Roth IRA: Contributions (ie, what you deposit directly if you're under the income limits), or Conversions (Back Door and Mega Back Door). Contributions can be withdrawn at any time without tax or penalty. Conversion amounts c...
by celia
Wed Jan 16, 2019 2:46 am
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2941

Re: Are mega back door Roth contributions considered contributions?

Why don't we look at IRS Pub 590-B . The discussion of Roth withdrawals starts on page 30, Additional Tax on Early Distributions . I suggest that anyone thinking of withdrawing before age 59.5, start their reading here. For the purposes of this question, page 33 has Ordering Rules for Distributions ...
by celia
Tue Jan 15, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Roth Tax Accounts Distribution Code Errors
Replies: 16
Views: 614

Re: Vanguard Roth Tax Accounts Distribution Code Errors

Dave , I also forgot to add that if your volunteer center did their returns last year, you can pull them up and see if the Roth was previously reported as being older than 5 years. If that was TRUE last year, it is probably TRUE the following year. :oops: When I was a TaxAide volunteer, the compute...
by celia
Tue Jan 15, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Non-English speaking elderly care options
Replies: 12
Views: 699

Re: Non-English speaking elderly care options

One thing that frustrates us a bit is when we offer to take Grandma out, for instance to visit with my wife's Bulgarian friend's grandmother who she is friendly with, she is usually too lazy to take us up on it. We try to get her out of the house but it can be hard to motivate her, and it's true th...
by celia
Tue Jan 15, 2019 7:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Roth Tax Accounts Distribution Code Errors
Replies: 16
Views: 614

Re: Vanguard Roth Tax Accounts Distribution Code Errors

Dave, You're making a mountain out of a molehile. This is not a big deal and it is not the custodian's responsibility to verify everything. They are just using the generic code. So what? Can you imagine a taxpayer's problem who has been sitting in a waiting room for 3 hours to have me do their taxes...
by celia
Tue Jan 15, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6594

Re: A co-worker makes more than me

Is it appropriate to discuss this topic with my manager? and what's the best way to bring it up? Instead of comparing yourself to a co-worker when talking to your manager, ask what YOU can do to increase your income instead. Try to have it nailed down with something that is measurable, such as more...
by celia
Tue Jan 15, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2755

Re: School staff threatened to call social worker

So you want to celebrate a "real" Chinese New Year instead of going to school? In the long term, which is more important to the child's growth or future? Will she be living in China some day? Is she learning to speak it? If you can focus on the educational part of the trip, that is different than go...
by celia
Tue Jan 15, 2019 12:17 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) rollover check for 8 cents. Can I ignore it?
Replies: 8
Views: 797

Re: 401(k) rollover check for 8 cents. Can I ignore it?

If you decide to mail it in, it needs to be received within 60 days of the original withdrawal.

Also, know that the postage rates are going up in less than 2 weeks. You wouldn't want to waste an extra $0.05 to mail it in 3 weeks! :oops:
by celia
Mon Jan 14, 2019 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help - Taxable account a mess!
Replies: 31
Views: 3180

Re: Need Help - Taxable account a mess!

I think she needs around $75K in her taxable account as it can be her "Emergency Fund", especially with owning rental properties. (I hope she has insurance on those rentals, including liability insurance, in case she is sued.) She should consider contributing to a Roth IRA since her taxable income i...
by celia
Mon Jan 14, 2019 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a trustee
Replies: 46
Views: 3273

Re: Choosing a trustee

Thank you, Celia. You just summarized much of my life! Gill, I've been there and done that.... FOR FREE, although at times it was a fulltime second job, especially if your trustee duties kick in while the person is still alive and needs medical care. In that case, you can't even control the timing ...
by celia
Mon Jan 14, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a trustee
Replies: 46
Views: 3273

Re: Choosing a trustee

The cost with vanguard trustee fees is outrageous. Many better options. I’m surprised not to see a reasonable fee for service. :annoyed You are likely confusing "trustee" with "financial advisor". A trustee does A LOT MORE (and may not even be responsible for the investment decisions). The trustee ...
by celia
Mon Jan 14, 2019 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: After tax contribution OR roth conversion?
Replies: 31
Views: 824

Re: After tax contribution OR roth conversion?

He says he is trying to prepare for possible early retirement. If he is retiring at 61, I would agree with you. If he is retiring at 40, I would not have any concern about RMD's. I would be hesitant to recommend Roth conversions in the 22% bracket without more information. Even if he is retiring at...
by celia
Mon Jan 14, 2019 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: After tax contribution OR roth conversion?
Replies: 31
Views: 824

Re: After tax contribution OR roth conversion?

1. Her employer's website says if she uses the roth version of the 457, the money cannot be withdrawn until 59.5. We will need it before then. That's pretty much unexpected and makes no sense at all, at least not to me. Spirit Rider, are you around? I can confirm that I have seen that before. A rel...
by celia
Mon Jan 14, 2019 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: After tax contribution OR roth conversion?
Replies: 31
Views: 824

Re: After tax contribution OR roth conversion?

In Roth, the contributions and growth are both tax-free (after the money is in the Roth). In After-tax, the contributions remain tax-free but the growth will be taxed later on. So as far as which one to hold, the Roth is definitely better. Now, if your tax-deferred accounts look like they will be wo...
by celia
Mon Jan 14, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3553

Re: too much college savings

I wouldn't worry about this until all your kids are done with school. What if younger siblings want to go to medical school? Or their college takes more than 4 years? Then I doubt there will ever be enough in the 529. (I believe you can also use the money now for K-12 education.) The way your post r...
by celia
Mon Jan 14, 2019 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Does order of 401k contributions matter?
Replies: 5
Views: 791

Re: Does order of 401k contributions matter?

I first read this before anyone had replied, but didn't respond since I was "lost" too. Maybe these questions (to you) would clarify my (and your) understanding about your 401k. 1. Does the employer match both pre-tax and after-tax contributions? 2. Is the bonus considered an employer contribution o...
by celia
Sun Jan 13, 2019 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2834

Re: Vanguard PRIMECAP and Capital Opportunity

How does it compare to Growth Index? Corgittodd, Did you see this post above? PRIMECAP also runs its own family of funds, called Odyssey. There are three, each a fairly close match for the three Vanguard funds advised by PRIMECAP: Vanguard PRIMECAP Fund - Odyssey Growth (POGRX) Vanguard PRIMECAP Co...
by celia
Sun Jan 13, 2019 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2834

Re: Vanguard PRIMECAP and Capital Opportunity

Yes. So, as a family (mother, father, son) we have put in $150k/year at once. I’m not sure if son is still doing this. We have father: taxable, rollover IRA, tIRA. Mother: rIRA and taxable. Son: taxable. Now that you mention it, I think son has taxable and rIRA, so $25k more, but as he’s launched, ...
by celia
Sun Jan 13, 2019 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Account Consolidation
Replies: 3
Views: 281

Re: Retirement Account Consolidation

I am considering rolling the 457b into my Rollover IRA once I turn 59-1/2, to consolidate and to eliminate the minor management fees from the 457b. If you are no longer working at the employer that sponsored the 457b, I think you are eligible to roll it over now. However, employer plans often have ...
by celia
Sun Jan 13, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated tax penalty exceptions [ACA premium underpayment penalty]
Replies: 24
Views: 1263

Re: Estimated tax penalty exceptions [ACA premium underpayment penalty]

I just realized that IRS hit me with a nice penalty for not paying enough estimated taxes during 2017. I didn't think I had to pay the penalty, because on 27th of December I received a large Capital Gains Distribution from a mutual fund. This additional income disqualified me from keeping Obamacare...
by celia
Sun Jan 13, 2019 2:02 am
Forum: Personal Finance (Not Investing)
Topic: Purchased rentals, spent savings and now I am worried about debt
Replies: 19
Views: 2980

Re: Purchased rentals, spent savings and now I am worried about debt

henbones wrote:
Thu Jan 10, 2019 9:06 am
You guys are right - I need to pay those debts off and grow a cash fund.... for my sanity and so my wife doesn’t kick me out of the house :)
Well, if that happens, I know of a place you can stay for a few nights close to where you live! :D
by celia
Sun Jan 13, 2019 1:41 am
Forum: Personal Finance (Not Investing)
Topic: Please advice - HSA vs. PPO vs. EPO with baby due any day
Replies: 7
Views: 464

Re: Please advice - HSA vs. PPO vs. EPO with baby due any day

Why are you asking about this now? Is your company having Open Enrollment? Even if they are, your choice likely won't take effect until the beginning of February or March.

I would think the most important thing is to wait and see if the baby is healthy (and happy). :beer
by celia
Sat Jan 12, 2019 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Unique One: Mom's Retirement Life Insurance
Replies: 8
Views: 932

Re: Unique One: Mom's Retirement Life Insurance

Please consider this post as a thought exercise since I’ve never considered a situation like this. I am just thinking typing :) out loud and don’t know where this will take me, but maybe something I say will spark an idea for someone else to expound on. Since your mom and her sister are relatively c...
by celia
Sat Jan 12, 2019 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Setting Up A Parent For Retirement
Replies: 18
Views: 1413

Re: Setting Up A Parent For Retirement

$750,000 currently held in high yield checking accounts. If this is held in a bank, the interest is piddly, compared to what a money market fund would provide. And if she has more than $250,000 in any one bank, she needs to know that FDIC insurance only covers up to $250,000 per bank. Multiple bran...
by celia
Sat Jan 12, 2019 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Contributions AFTER 70 1/2 years of age??
Replies: 18
Views: 2846

Re: IRA Contributions AFTER 70 1/2 years of age??

Maybe a dumb question....or rather a dumb person asking a question :wink: : If you are retired and took lets say 100,000 out of your 401k or IRA, and at the end of the year you ended up with leftover money, can you take said money and reinvest it in a Roth IRA? Is your retirement considered "earned...
by celia
Sat Jan 12, 2019 3:51 am
Forum: Personal Finance (Not Investing)
Topic: IRA to Roth IRA conversion
Replies: 9
Views: 930

Re: IRA to Roth IRA conversion

I am planning to open a regular after tax IRA for 2018 and 2019 and then roll over to ROTH IRA. There is no such thing as an "after tax IRA" unless you really mean a "Roth IRA". Even if there were, if it was not a Roth, as soon as there is any growth, that growth would be pre-tax. Then it isn't an ...
by celia
Fri Jan 11, 2019 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: I inherited individual stock. Should I sell it now or wait?
Replies: 28
Views: 2312

Re: I inherited individual stock. Should I sell it now or wait?

This week, I inherited $7000 in individual stock in one particular company. For various reasons, I strongly believe this stock won’t hold its value much longer. And even if I’m wrong, I’d still rather put the $7000 elsewhere. ...Another thing to consider is that I have no idea what my current tax s...
by celia
Fri Jan 11, 2019 3:43 pm
Forum: Personal Consumer Issues
Topic: Dental work - possibly going elsewhere
Replies: 17
Views: 1292

Re: Dental work - possibly going elsewhere

For custom, she said it was around $625 at the location I was at, but around $350 at the other practice she worked at :oops: I should have asked what the name of the other practice was. Google the dentist's name or call and ask. If the guard costs less at the other office, the fillings might also b...
by celia
Fri Jan 11, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Non deductable IRA Contributions
Replies: 16
Views: 710

Re: Non deductable IRA Contributions

Non-deductible contributions work as explained in IRS Publicatoin 590A. You will need to file a Form 8606 with your tax return. Instructions and form are online. Tax prep software is pretty good at dealing with all this. You need to understand what a Backdoor Roth IRA is ... even if you decide not ...
by celia
Fri Jan 11, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5270

Re: BHers, what is your Roth IRA %?

Put another way, if you are saving for a certain income to roughly match your working income that will come from RMDs and SS, it is unlikely that that would ever be more than your working income. But your RMDs won't stay level, unless you have a low growth rate in the tax-deferred account. They sta...