Search found 283 matches

by PGR
Fri Jul 10, 2020 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs Schwab 1099s for Foreign Tax Related Info
Replies: 0
Views: 131

Vanguard vs Schwab 1099s for Foreign Tax Related Info

For anyone experience w/ Schwab's 1099s - does the information contained in Schwabs 1099s for foreign tax information seem rather 'sparse' to you? I'm used to Vanguard's 1099s. Beyond 1099 ordinary and qualified dividends and foreign tax paid 'box info', they have many supplemental pages that provid...
by PGR
Fri Jun 26, 2020 1:43 pm
Forum: Personal Investments
Topic: Approach to Terminating Employment and 401k - Comments
Replies: 6
Views: 988

Approach to Terminating Employment and 401k - Comments

A very simple initial plan to retiring or planned resignation (early retirement) from an employer with a 401k and Roth option who was using a traditional pre-tax contributions... Plan to terminate, for simple math sake, let's say around the end of the first quarter of a given calendar year. As of th...
by PGR
Fri Jun 26, 2020 12:49 pm
Forum: Personal Investments
Topic: Roll Out After-Tax Roth Funds ONLY from Co-Mingled 403b?
Replies: 4
Views: 176

Re: Roll Out After-Tax Roth Funds ONLY from Co-Mingled 403b?

TIAA describes "403b" contributions as "PRE-TAX" and "AFTER TAX/ROTH". In quarterly 403b statements it is described as "Employee After Tax Contributions - ROTH". Via their site, participants can identify and track the original contribution amounts as to pre-tax or after-tax/Roth but after that it is...
by PGR
Fri Jun 26, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Father sort of scammed, anything else to do?
Replies: 19
Views: 2836

Re: Father sort of scammed, anything else to do?

He doesn't use the computer for anything other than email and browsing,  <SNIP> so I'm probably going to wipe it or just get him a new chromebook or something. I'd say you identified your solution. I think Chromebooks can also be had as desktops too if that is preferred for the keyboard and screen.
by PGR
Fri Jun 26, 2020 8:33 am
Forum: Personal Investments
Topic: Roll Out After-Tax Roth Funds ONLY from Co-Mingled 403b?
Replies: 4
Views: 176

Roll Out After-Tax Roth Funds ONLY from Co-Mingled 403b?

My employer's 403b (TIAA) allows participants to contribute as either tax deferred and/or after-tax (Roth) contributions. But the funds do end up in the same 403b contract/account - e.g. 'co-mingled'. There is a screen that shows how much was contributed pre-tax and after tax Roth - but not the asso...
by PGR
Fri Jun 26, 2020 8:21 am
Forum: Personal Investments
Topic: How to get rid of a few cents in IRA Money Market?
Replies: 10
Views: 835

Re: How to get rid of a few cents in IRA Money Market?

It worked. On my last contribution I directed some pennies to the settlement fund. Apparently I'm not so good at math and only got it up to 98 cents instead of the $1.00 I had intended. But even at 98 cents - the site allowed me to subsequently exchange it from the settlement fund into one of my mut...
by PGR
Sat May 30, 2020 9:31 am
Forum: Personal Investments
Topic: How to get rid of a few cents in IRA Money Market?
Replies: 10
Views: 835

How to get rid of a few cents in IRA Money Market?

I feel silly posting this but it says 'no matter how simple' so here goes... I did a search and found a couple threads but no solution... I'd like to get rid these few cents in my MM settlement fund of my Roth IRA (I don't even know how they got there) - just to have one less line of data to read pa...
by PGR
Mon Feb 24, 2020 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: Date of Original Contrib -vs- Date of Re-Char?
Replies: 5
Views: 413

Re: Taxes: Date of Original Contrib -vs- Date of Re-Char?

Thanks Alan for your clarifications! Always helpful on these matters.
by PGR
Mon Feb 24, 2020 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: TaxACT Software: How to Get Data into 1040 Line4a & 4b?
Replies: 2
Views: 327

Re: TaxACT Software: How to Get Data into 1040 Line4a & 4b?

Alan S. wrote:
Sun Feb 23, 2020 9:19 pm
When you get the actual 1099R next January, check to be sure it conforms to your return, then just file it with your 2019 return. It does not get reported on your 2020 return.
File - as in (after verifying it) simply retain the 2020 1099-R w/ my 2019 tax records.

Thanks Alan!
by PGR
Sun Feb 23, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: TaxACT Software: How to Get Data into 1040 Line4a & 4b?
Replies: 2
Views: 327

TaxACT Software: How to Get Data into 1040 Line4a & 4b?

We could not contribute to Roths in 2019 but only figured that out in Q1 of 2019 after making several monthly contributions for total of $1,400 (now worth $1,600 at time of return w/ earnings). For my spouse we are simply going to do a 'return of contributions' presently (after 12/31/19 but prior to...
by PGR
Sun Feb 23, 2020 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: Date of Original Contrib -vs- Date of Re-Char?
Replies: 5
Views: 413

Re: Taxes: Date of Original Contrib -vs- Date of Re-Char?

Get that recharacterization done before you do your taxes. You'll need the date of the recharacterization when you fill out the required statement. Yep - in progress No. You didn't have anything in the TIRA as of 12/31/19, so that's what you report. It's strictly actual end-of-year. OK 'actual' not...
by PGR
Thu Feb 20, 2020 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: Date of Original Contrib -vs- Date of Re-Char?
Replies: 5
Views: 413

Taxes: Date of Original Contrib -vs- Date of Re-Char?

My tax S/W is asking me "what portion, if any, of my 2019 nondeductible contributions of $7,000 were made after 12/31/2019 and before 04/15/2020?" and to "Enter the value of all my traditional IRA accounts as of December 31, 2019." I put $1,500 into my Roth back in Jan/Feb 2019 before stopping contr...
by PGR
Fri Jan 24, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Interest Rates - Financing Home/Construction AFTER vs BEFORE You Retire
Replies: 7
Views: 449

Interest Rates - Financing Home/Construction AFTER vs BEFORE You Retire

I know that a lender will look at things like debt-to-income-ratio, credit history and so forth... So let's say you have a good salary, long employment history and A or A+ credit at well over 800 score and no debt. You can qualify for the lender's lowest, let's say <3.00% for $300k for say 15 years,...
by PGR
Tue Jul 16, 2019 7:57 am
Forum: Investing - Theory, News & General
Topic: ETF Order Status & Confirmation Price -vs- Transaction History Price Precision
Replies: 3
Views: 418

ETF Order Status & Confirmation Price -vs- Transaction History Price Precision

Just an observation that doesn't make a meaningful difference on decimal precision in usage... :beer After I submit an ETF trade on Vanguard's brokerage site or mobile app, I select <order status> to note the price once executed. This price is to 4 decimal places. Later if I select <transaction hist...
by PGR
Fri Jul 12, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: For Tracking by Asset Classes is VWAHX 'HiYield' or 'Muni'?
Replies: 7
Views: 741

For Tracking by Asset Classes is VWAHX 'HiYield' or 'Muni'?

Hello,
If you have an asset allocation plan that includes specific allocations for A) Hi Yield and B) Tax-Exempt and you want to hold some VWAHX ("Vanguard High-Yield Tax-Exempt Fund") - Which bin would you associate that specific mutual fund with as it seems to blur things a bit...?

Thanks,
by PGR
Fri May 03, 2019 11:26 am
Forum: Personal Investments
Topic: USAA
Replies: 18
Views: 3179

Re: USAA

I am looking for opinions from people that are USAA members... Don't really have much opinion (see below) of the Victory deal because I moved my investments to VG so long ago... IMHO... ======== Good for car insurance (not as cheap as before but good enough) Great for online banking They might have...
by PGR
Sat Mar 23, 2019 12:07 pm
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 6275

Re: Do you still wear a necktie to work?

For many years (20 or more) I wore a necktie to work everyday. Now, it seems as though the fashion trend is to not wear a necktie, even with a suit or sport coat. I don't follow most fashion trends (much to the chagrin of my wife), but I have cut way back on wearing neckties. Is it time to send mos...
by PGR
Sat Mar 23, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: Lease a car or buy a car
Replies: 49
Views: 4118

Re: Lease a car or buy a car

delamer wrote:
Fri Mar 22, 2019 11:22 pm
The lease is a better deal for Mercedes, not you. Particularly if you normally keep your cars for 10+ years.

We have bought several 2 or 3 year old luxury vehicles (Audi, Mercedes, Lexus). All were in excellent condition and much cheaper than a new model.
+1
by PGR
Sat Mar 23, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: Family man who misses driving a fun car
Replies: 181
Views: 14562

Re: Family man who misses driving a fun car

So will probably just hang onto the SUVs. Curious though to hear from others on here who h ave been in a similar situation. What did you wind up doing? Miatas are great - can see why you might miss it. Got started on British roadsters way back in the day and always had a sports car since, even got ...
by PGR
Mon Mar 18, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can I Ignore Errors/Corrections in Recharacterizations on Return?
Replies: 2
Views: 286

Can I Ignore Errors/Corrections in Recharacterizations on Return?

Re-characterization Errors and 2018 Tax Return After discovering I had just edged over the MAGI limit for 2018 Roth contributions (which I’d already made during 2018) I had to submit a Vanguard Form S220 Re-characterization. Vanguard made several errors - the one I’m concerned about here is as follo...
by PGR
Thu Mar 14, 2019 4:27 pm
Forum: Personal Investments
Topic: When VG REALLY Messes Up - How Do You Elevate/Correct?
Replies: 5
Views: 1304

Re: When VG REALLY Messes Up - How Do You Elevate/Correct?

I went from frontline customer rep, to my advisor, to a specialist, to a VP within 4 hours OK - that answers my question. Next time round I'll use the escalation steps with the titles you mentioned here - thanks! In my case they messed up a re-characterization request twice in a row. First VG denie...
by PGR
Wed Mar 13, 2019 2:09 pm
Forum: Personal Investments
Topic: When VG REALLY Messes Up - How Do You Elevate/Correct?
Replies: 5
Views: 1304

When VG REALLY Messes Up - How Do You Elevate/Correct?

As a general question - In the event Vanguard clearly *really* messes something up - what options do you have or have you utilized for elevating the matter? gaining visibility? getting action on fixing it? ...
by PGR
Thu Feb 21, 2019 11:17 pm
Forum: Personal Consumer Issues
Topic: Another "Is it worth it to fix" question [2002 Nissan Sentra]
Replies: 66
Views: 4598

Re: Another "Is it worth it to fix" question [2002 Nissan Sentra]

Trying to determine what to do here. I have a 2002 Nissan Sentra that needs a fuel tank. Sounds simple, no? <snip> A fuel tank can be a big project in a vintage body on frame type vehicle and more complex in a modern vehicle such as this. The job is labor intensive and the parts (which should be NE...
by PGR
Thu Feb 21, 2019 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: How To Potentially Save Money For Planned Surgery
Replies: 9
Views: 791

How To Potentially Save Money For Planned Surgery

This may be common sense for some of you but for me - this is new stuff (and hey I can't complain as I've enjoyed good health over the years - knock on wood!) picked up on a few lessons the hard way. Seeing the thread about emergency costs recently gave me the idea to share my lessons in case they h...
by PGR
Thu Feb 21, 2019 12:21 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 514
Views: 183353

Re: Forum software upgrade bug reports and change requests

Feature Request: IGNORE Member On other forums I see this sometimes where you can flag an individual to be 'ignored' and you don't have to see their posts anymore. For example there may be a forum member who is a very frequent poster say 15 times or so a day but not particularly constructive, habitu...
by PGR
Thu Feb 21, 2019 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Construction Loan or Cash for New House?
Replies: 6
Views: 741

Re: Construction Loan or Cash for New House?

Interesting! HELOC - yep, check I'm ignorant about and I'll have to learn more about 'margin against investments'... On a related note - arguably the one 'value add' a construction loan might offer is that I 'think' they send an inspector of some sort out periodically to validate certain phases or t...
by PGR
Wed Feb 20, 2019 11:52 pm
Forum: Personal Investments
Topic: Mechanics of IRA Rollover w/ Tax Basis into Employer Plan
Replies: 17
Views: 1201

Re: Mechanics of IRA Rollover w/ Tax Basis into Employer Plan

Hi Alan - Darn close! Line 4 is where 1500 also goes as an 'after January 1' contribution... and the value at December 31 was 0 The revised 8606 including the re-characterized Roth: Line 1 1500 Line 2 4500 Line 3 6000 Line 4 1500 * Line 5 4500 * Line 6 zero * Line 8 4700 Line 9 4700 * Line 10 .957 *...
by PGR
Wed Feb 20, 2019 11:30 pm
Forum: Personal Investments
Topic: Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?
Replies: 8
Views: 913

Re: Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?

I wish I didn't have to use 8949, but since I have to correct cost basis, I'm forced into using 8949. Publication 550 covers when you are allowed to use the summary and only Schedule D. Yeah there are times that require 8949 but there are times when you can choose - curious as to why the software z...
by PGR
Wed Feb 20, 2019 11:28 pm
Forum: Personal Investments
Topic: Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?
Replies: 8
Views: 913

Re: Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?

livesoft wrote:
Wed Feb 20, 2019 3:58 pm
Did you read it?
Yes. Including this bit "...if you *choose* to report all these transaction on ..." :mrgreen:

So back to my original question - why did the software change from year to year as to what it 'chose' to use if the transactions are equivalent types?
by PGR
Wed Feb 20, 2019 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Construction Loan or Cash for New House?
Replies: 6
Views: 741

Construction Loan or Cash for New House?

I'm looking for feedback from others as to how they may have approached paying for construction of a retirement home... After looking for a couple of years we purchased a nice property last year to build a small customer home on that we plan to retire to. I'm looking to separate in about a year (ear...
by PGR
Wed Feb 20, 2019 3:37 pm
Forum: Personal Investments
Topic: Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?
Replies: 8
Views: 913

Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?

I noticed this year that when using TaxAct (web version) Stock Assistant - it simply elected to summarize and bottom-lined my transactions on lines 1a (Box A checked) and 8a (Box D checked) of Schedule D. For the first time in my experience - NO Form 8949 was used/included. This year all transaction...
by PGR
Wed Feb 20, 2019 3:30 pm
Forum: Personal Investments
Topic: Mechanics of IRA Rollover w/ Tax Basis into Employer Plan
Replies: 17
Views: 1201

Re: Mechanics of IRA Rollover w/ Tax Basis into Employer Plan

To follow-up on this thread and perhaps serve anyone else using the search feature here's how it went thus far... Using the above sample data - I rolled ~$95k to the employer plan leaving ~$5k behind (with most of that being the ~$4500 basis). As suggested - I did not immediately Roth convert the re...
by PGR
Wed Feb 20, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: Anybody Else Having Problems Downloading Vanguard Forms?
Replies: 3
Views: 344

Re: Anybody Else Having Problems Downloading Vanguard Forms?

Thanks for the confirmation - it's not something at my end anyway at least.

I had them email the 2nd form to me and this time they acknowledged that they had let IT know about it. Should be trivial to fix.
by PGR
Wed Feb 20, 2019 9:45 am
Forum: Investing - Theory, News & General
Topic: Anybody Else Having Problems Downloading Vanguard Forms?
Replies: 3
Views: 344

Anybody Else Having Problems Downloading Vanguard Forms?

Purely a curiosity thing... I keep getting 'file not found' errors for forms such as vanguard.com/pdf/s220.pdf and vanguard.com/pdf/s373.pdf among others Above is exactly how Vanguard links to these files from the referencing pages. I've also tried adding www or personal. Tried from different comput...
by PGR
Mon Jan 28, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Individual Account 1099Rs - single or combined?
Replies: 6
Views: 646

Re: Vanguard Individual Account 1099Rs - single or combined?

... But IRS said I didn't report one of my 1099's. I told them how to see it. They caved. Precisely my point. Sure at the end of the day the bottom line of the tax software will also do the arithmetic accurately either way and will report the same bottom line whether it's two entries or a single co...
by PGR
Sun Jan 27, 2019 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Individual Account 1099Rs - single or combined?
Replies: 6
Views: 646

Re: Vanguard Individual Account 1099Rs - single or combined?

There is only one line on Form 1040 for all 1099-R's, right? Tax prep software will combine things anyways, won't it? No - there are two(2) lines on the 1099 as stated above: one line for each respective mutual fund with it's own respective amount. I don't know how you would split them. Well I was ...
by PGR
Thu Jan 24, 2019 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Individual Account 1099Rs - single or combined?
Replies: 6
Views: 646

Vanguard Individual Account 1099Rs - single or combined?

I had an older individual Vanguard Rollover-IRA (not converted to a Brokerage account). I did a Rollover from that account to another institution. The 1099-R I received had a separate line and distribution code (same code for each) for each of the two mutual funds. Can I simply add the amounts of th...
by PGR
Thu Jan 17, 2019 1:13 am
Forum: Personal Consumer Issues
Topic: Anyone with experience with Carmax?
Replies: 74
Views: 25533

Re: Anyone with experience with Carmax?

Never bought from them. But I flipped cars in HS and college and was around dealerships a bit here and there... I've been to Carmax once out of curiosity and a couple times because someone wanted me along. My perception was VERY positive - they seem very transparent and fair. Nice way to sell lightl...
by PGR
Thu Jan 17, 2019 12:58 am
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 78
Views: 4723

Re: Duffel Bag vs Wheeled Stand Up traveling

Wheels are OK for domestic airport type travel but wheels eat into precious space, add weight and cheaper ones more readily break. So it's a trade-off. I can't stand hard sided anything. There are 'some' soft sided bags w/ wheels at the corners. The wheels aren't road warrior quality but good enough...
by PGR
Thu Jan 17, 2019 12:35 am
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 43
Views: 6620

Re: Buying a car? [Need help with strategy for purchasing a used car]

This may come late for you but if you need some options, a quick and reasonable deal - just go to Carmax. I tinkered on, refurbished and flipped a lot of cars in high school and college and still work on an old 71 Chevy and 69 Deere as a hobby. Buying directly from an owner on CL or whatever will ge...
by PGR
Thu Jan 17, 2019 12:23 am
Forum: Personal Consumer Issues
Topic: Car reviews - Consumer Reports or other sources?
Replies: 51
Views: 4303

Re: Car reviews - Consumer Reports or other sources?

CR is fine for those who look at cars as commoditized things that get you from A to B reliably and safely. They are probably unmatched in their ability to gather and quantify stats. If cars evoke more passion from you (like say a Corvette does for me) - CR is pretty 'bleh' stuff. I'll add that IMHO ...
by PGR
Wed Jan 16, 2019 11:59 pm
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 56
Views: 5395

Re: Should I get umbrella liability insurance?

Questions -Should I get umbrella liability insurance in case I get sued and someone comes after my retirement assets? I do not have rental insurance. In addition, I do not have home insurance since I do not own a home. I only have car insurance. No. Unless you are excessively risk averse. Heck my o...
by PGR
Mon Jan 14, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Why No Mid-Cap TIAA Index Fund?
Replies: 6
Views: 548

Re: Why No Mid-Cap TIAA Index Fund?

Thank you - those are all good points. In my limited observations - I've not noticed much historical difference between large cap and total stock market funds. Perhaps more important (to me) than the breadth of TIAA funds is the breadth of TIAA index funds my employer chooses to (not) offer employee...
by PGR
Mon Jan 14, 2019 1:06 am
Forum: Investing - Theory, News & General
Topic: Why No Mid-Cap TIAA Index Fund?
Replies: 6
Views: 548

Why No Mid-Cap TIAA Index Fund?

Assuming have access to these 2 TIAA institutional funds and temporarily ignoring their broader Equity Index (TIEIX) fund, am trying to learn and better understand TIAA's offerings and underlying indexes... Large-Cap S&P 500 Index Fund (TISPX) (S&P500) Small-Cap Blend Index Fund (TISBX) (Russell 200...
by PGR
Tue Dec 11, 2018 12:30 am
Forum: Personal Consumer Issues
Topic: Participant Interests (Not) Aligned with Medicare Advantage Plans?
Replies: 7
Views: 639

Participant Interests (Not) Aligned with Medicare Advantage Plans?

We've only just begun the journey of learning about medicare and ultimately selecting plans as my spouse will be turning 65 in 2019... One of the biggest decisions in the decision tree is Original Medicare (w/ say Part D and 'Medigap' Plan for example) vs Medicare Advantage plans... As I started loo...
by PGR
Wed Dec 05, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Anybody Taking Equifax Offer for Free IDNotify Service?
Replies: 13
Views: 5962

Re: Anybody Taking Equifax Offer for Free IDNotify Service?

The problem is that you don't get any insurance and y not take something that is free. The rationale might be that by declining it you are denying the sharing of yet more information between two (or more) organizations whose industry already have a poor history of safeguarding your personal informa...
by PGR
Tue Dec 04, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody Taking Equifax Offer for Free IDNotify Service?
Replies: 13
Views: 5962

Anybody Taking Equifax Offer for Free IDNotify Service?

Equifax offered free TrustedID Premier for for victims last year from their infamous hack. I presume a lot of people have received an email stating that Equifaxes 1-year free TrustedID service is going away but they are offering a 2nd year for victims thru a new offer thru (competitor) Experian call...
by PGR
Thu Oct 25, 2018 9:46 pm
Forum: Personal Investments
Topic: Moving money from Tira to Rira
Replies: 3
Views: 310

Re: Moving money from Tira to Rira

I believe you can convert it all and pay taxes out of your other personal funds by April. FWIW If your wife's employer accepts rollovers into their 401k or 403b - she could take the pre-tax portion and roll it there and the remainder w/ tax basis could be converted to a Roth all in the same year and...