Search found 405 matches

by vectorizer
Sun May 31, 2020 9:50 am
Forum: Personal Investments
Topic: How do you keep track your investments?
Replies: 48
Views: 2788

Re: How do you keep track your investments?

I don't want to rely on any website to aggregate my investments, maybe because I'm a boomer. Using GnuCash for general personal finance including mutual fund and bond holdings for the past 3 years, previously Quicken for at least 20 years. Using Excel to manage rebalancing between our many retiremen...
by vectorizer
Thu May 21, 2020 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: When are taxes due on a Roth Conversion?
Replies: 15
Views: 915

Re: When are taxes due on a Roth Conversion?

Since I plan to do multiple conversions, sounds like a good strategy may be to have taxes withheld ONLY from my final conversion of the year, but at a rate that pays enough tax to keep me from having to pay underpayment penalty, then clear the remaining tax amount when I file on 4/15/21. Would that...
by vectorizer
Fri May 01, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: Money market mutual fund assets broke the $​5.​0 trillion level for the first time ever on Tuesday, April 27
Replies: 19
Views: 2697

Re: Money market mutual fund assets broke the $​5.​0 trillion level for the first time ever on Tuesday, April 27,

birdog wrote:
Fri May 01, 2020 2:52 pm
Personally, I would just not hold cash in an IRA.
You'd be much more likely to hold cash in an IRA if you were in the distribution phase, like me.
by vectorizer
Fri May 01, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: Money market mutual fund assets broke the $​5.​0 trillion level for the first time ever on Tuesday, April 27
Replies: 19
Views: 2697

Re: Money market mutual fund assets broke the $​5.​0 trillion level for the first time ever on Tuesday, April 27,

Munir wrote:
Fri May 01, 2020 1:26 pm
How about cash in an IRA? It cannot use internet savings accounts. Is the only option CDs?
You can open IRA savings accounts as well as CDs at Ally. My spouse and I recently did just that because of rapidly dropping MM rates. Marcus does not offer IRAs (I checked there first).
by vectorizer
Thu Apr 30, 2020 3:48 pm
Forum: Personal Investments
Topic: Ira transfer Vanguard mma to Ally Bank Cd
Replies: 4
Views: 289

Re: Ira transfer Vanguard mma to Ally Bank Cd

What is procedure for a transfer of a Vanguard Ira money market account to a new Ira Cd at Ally Bank, and is this a taxable event on the dollar amount. Thanks Did just this recently. Open your new IRA at Ally. If you're an existing customer and assuming this is a normal traditional or Roth IRA, you...
by vectorizer
Sun Apr 12, 2020 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Citi website
Replies: 22
Views: 1547

Re: Citi website

I've only had a Citi credit card for about a month, so I was logging in a lot, including just now (7pm 4/12 EDT) and never had a problem. I keep reading others having problems though. Using the latest version of Chrome (81.0.4044.92) on Win10 x64. Hope your problems clear up.
by vectorizer
Thu Apr 02, 2020 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: resolved: IRS letter *not* received
Replies: 22
Views: 1825

Re: resolved: IRS letter *not* received

That IRS letter was delivered today, a week after the Informed Delivery image. It was just a confirmation that I accessed my online account. Thanks to those who answered helpfully.
by vectorizer
Tue Mar 31, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: resolved: IRS letter *not* received
Replies: 22
Views: 1825

Re: IRS letter *not* received - suggestions?

Tried calling the IRS phone number a few minutes before 10am EDT, the message said live service is not available (supposed to 7am to 7pm local). Sure wish I could self-service to find the status of correspondence. We all have enough stuff going on, I really don't need to also be worried about not be...
by vectorizer
Sun Mar 29, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: resolved: IRS letter *not* received
Replies: 22
Views: 1825

Re: IRS letter *not* received - suggestions?

Go to IRS.gov, select “view your account” (or create online account access first) and see if you can view tax correspondence. I can’t recall if it is available or not. https://www.irs.gov/newsroom/taxpayers-can-monitor-their-irs-information-online Yeah, that's the account I already have. No corresp...
by vectorizer
Sun Mar 29, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: resolved: IRS letter *not* received
Replies: 22
Views: 1825

Re: IRS letter *not* received - suggestions?

HomeStretch wrote:
Sun Mar 29, 2020 12:23 pm
Log on at IRS.gov to see if you can view tax correspondence there.
Someone else suggested this, but I don't see any option about viewing correspondence. Can you give me a link to where I would sign up for an account? What did you use?
by vectorizer
Sun Mar 29, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: resolved: IRS letter *not* received
Replies: 22
Views: 1825

Re: IRS letter *not* received - suggestions?

Thanks in advance for your suggestions. What is your online IRS account say when you logged into it? I did create an IRS account, but it looks like it's meant for taxpayers on payment plans. It says no there's information available about 2019, three previous years simply shows 0.00 balance owned. I...
by vectorizer
Sun Mar 29, 2020 11:42 am
Forum: Personal Finance (Not Investing)
Topic: resolved: IRS letter *not* received
Replies: 22
Views: 1825

resolved: IRS letter *not* received

Problem resolved, no further answers needed. I subscribe to a post office service that sends me a daily email with images of mail pieces to be delivered later that day. Thursday included an apparent letter from the IRS; it looked legit to me. Sometimes there is a one-day delay from an image to deliv...
by vectorizer
Fri Mar 20, 2020 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: [IRS tax filing deadline moved to July 15]
Replies: 56
Views: 3798

Re: NEW: 2019 FILING deadline moved to July 15

I've already filed and picked 4/15 as the date for the IRS to debit my bank account a significant amount.

Does anyone know if I have to do something to change the debit date to 7/15? Or would I get an automatic extension?
by vectorizer
Thu Mar 19, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Treasury extends [tax payment date 90 days, filing deadline still April 15]
Replies: 80
Views: 2915

Re: Treasury extends [tax payment date 90 days, filing deadline still April 15]

NavyIC3 wrote:
Thu Mar 19, 2020 9:03 am
I imagine if you e-file you can tell the IRS to debit your bank account sometime in July.
What if one (me) has already filed and asked to be debited on 4/15? Does the debit date automatically get changed to July, or do I have to do something?
by vectorizer
Tue Mar 17, 2020 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Treasury extends [tax payment date 90 days, filing deadline still April 15]
Replies: 80
Views: 2915

Re: Treasury extends tax filing by 60 days

I already filed a few weeks ago, and owe almost $20k that I asked to be pulled from my bank account on April 15. Does anyone know if it's possible to request the withdrawal on the new deadline instead? At our low and dropping interest rates, it's not a lot of money. But it might be enough to fill my...
by vectorizer
Sat Mar 14, 2020 10:05 pm
Forum: Personal Consumer Issues
Topic: What entertainment during Covid-19 times?
Replies: 101
Views: 5444

Re: What entertainment during Covid-19 times?

^^^ Don't forget to throw in a Raspberry Pi or two. Yea, I got a Pi that I'm going to install in my backpack ham station to do FT8 without sloppy USB cables to my laptop. And an Arduino project to decode and display bands on nice bright alphanumeric digits in my van station. My big problem is it's ...
by vectorizer
Sat Mar 14, 2020 6:25 pm
Forum: Personal Consumer Issues
Topic: What entertainment during Covid-19 times?
Replies: 101
Views: 5444

Re: What entertainment during Covid-19 times?

  • Operating ham radio from home
  • Computer programming for fun
  • Building new capabilities for my ham radio van
I'm really boring.
by vectorizer
Sat Mar 14, 2020 7:51 am
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12397

Re: Are you still going to the gym ...

The Pennsylvania governor closed gyms in my home country of Montgomery on Thursday, along with community centers, entertainment centers, etc. We were termed the epicenter of Covid infections in the state ... with 4 confirmed cases at that time. Didn't even know he had the power to do that. Pretty an...
by vectorizer
Sat Feb 08, 2020 7:56 pm
Forum: Investing - Theory, News & General
Topic: [Professor Jeremy Siegel says 75/25 in retirement]
Replies: 63
Views: 5549

Re: [Professor Jeremy Siegel says 75/25 in retirement]

My reaction is that in retirement, to quote a tired but true saying, return of capital is more important to me than return on capital. I don't own bonds for income, I own them for stability. I'm satisfied that I have a good shot at keeping up with inflation with my bonds and maybe a pittance above t...
by vectorizer
Fri Feb 07, 2020 12:47 pm
Forum: Personal Consumer Issues
Topic: Anyone watch the Amazon series “The Expanse”?
Replies: 50
Views: 5493

Re: Anyone watch the Amazon series “The Expanse”?

Thanks for posting this. I sampled the first couple episodes a while ago then got distracted. Sounds like it's worth a serious watch session. I love good sci-fi, but there's a lot of *bad* sci-fi out there, so it's helpful to get a strong recommendation.
by vectorizer
Sat Jan 25, 2020 4:34 pm
Forum: US Chapters
Topic: Happy Birthday Taylor! 96 years young!
Replies: 139
Views: 4025

Re: Happy Birthday Taylor! 96 years young!

Happy birthday Taylor!

Thank you for all you've done for me, my family, everyone on this forum, and for your country.
by vectorizer
Fri Jan 17, 2020 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43513

Re: Engineers - What are you making?

Ha! When I saw the title, I thought the OP was asking about what physical things engineers were producing. I was ready to write about the "maker" life I've started in retirement to build ham radio stuff. As far as salary: $0. :-)
by vectorizer
Wed Jan 01, 2020 5:06 pm
Forum: Personal Investments
Topic: Roth in retirement: conversions and cash
Replies: 9
Views: 1089

Re: Roth in retirement: conversions and cash

Isn't #1 really just the same as all of the threads asking whether to put the annual Roth IRA contribution all at once today (or tomorrow) or spread it out monthly or whatever? No, because contributions can be undone, and are "only" $7k. Conversions cannot be reserved or recharacterized, and in my ...
by vectorizer
Wed Jan 01, 2020 2:47 pm
Forum: Personal Investments
Topic: Roth in retirement: conversions and cash
Replies: 9
Views: 1089

Re: Roth in retirement: conversions and cash

Thanks WoodSpinner. Like you, I'm hoping to see more replies.
by vectorizer
Wed Jan 01, 2020 1:52 pm
Forum: Investing - Theory, News & General
Topic: Why all the angst about RMDs and taxes?
Replies: 177
Views: 13005

Re: Why all the angst about RMDs and taxes?

FWIW, our RMD situation was meh when I was making estimates as MFJ tax filers. But after retirement when I did an estimate with just one taxpayer (that is, when I croak and my wife is paying RMDs on all our IRAs), there is a huge marginal tax rate much higher than anything we paid in our working liv...
by vectorizer
Wed Jan 01, 2020 11:56 am
Forum: Personal Investments
Topic: Roth in retirement: conversions and cash
Replies: 9
Views: 1089

Roth in retirement: conversions and cash

I'm 61YO, retired in '17, and have been withdrawing some tIRA funds for large expenses but otherwise relying on spouse's job income. Spouse is 58YO and expecting to retire in a few months. I plan to wait to 70 for SS, spouse SS at 62, FWIW. Last year we started doing Roth conversions up to the top o...
by vectorizer
Wed Jan 01, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST
Replies: 684
Views: 20528

Re: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST

2751

Hope I'm wrong (on the low side)
by vectorizer
Sun Sep 01, 2019 9:04 pm
Forum: Personal Consumer Issues
Topic: Did humanity ever make good Gas cans
Replies: 70
Views: 6821

Re: Did humanity ever make good Gas cans

https://www.jegs.com/i/RJS-Racing-Equipment/140/20000107/10002/-1 Racers everywhere use these type jugs. Available online at any auto or motorcycle performance place. They come in several formats, rectangular, cylindrical. Usually five gallons. Get the filler hose. They'll last forever. I use them ...
by vectorizer
Fri Aug 30, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Should I do backdoor roth
Replies: 7
Views: 463

Re: Should I do backdoor roth

If you're already maxing Roth each year, you can't also do a backdoor Roth.
by vectorizer
Wed Aug 28, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Tax Aid Volunteering for AARP or VITA
Replies: 52
Views: 3236

Re: Tax Aid Volunteering for AARP or VITA

kaneohe wrote:
Wed Aug 28, 2019 8:31 am
Also for AARP.........in that age group, there are many singles so there may be the
occasional lunch invite............
I'm getting the impression that AARP tax prep is a lot different from the VITA tax prep experience. :-)
by vectorizer
Tue Aug 27, 2019 8:28 pm
Forum: Personal Investments
Topic: Pro-Rata conversions on Traditional IRA
Replies: 15
Views: 740

Re: Pro-Rata conversions on Traditional IRA

Heck yeah, just do it now. Pull that band-aid. It's not a big tax bill considering your income position at only 24, and you'll have nice clean backdoor Roth contributions forever after. FWIW, I did it with about $24k in the TradIRA and at a much more advanced age, and you have a much better justific...
by vectorizer
Tue Aug 27, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Tax Aid Volunteering for AARP or VITA
Replies: 52
Views: 3236

Re: Tax Aid Volunteering for AARP or VITA

I've been a VITA tax preparer on and off for more than 20 years. Helping people navigate unnecessarily complicated tax rules to maximize their refund is a great feeling, especially helping struggling families who qualify for EITC. I work in low-income areas of North Philadelphia, where the "richest"...
by vectorizer
Thu Aug 22, 2019 9:41 am
Forum: Personal Investments
Topic: Vanguard MM 10-day hold on written checks
Replies: 25
Views: 2114

Re: Vanguard MM 10-day hold on written checks

OP here. Thanks for the info and suggestions. No one wrote that they've noticed Vanguard MM checks taking extra long to clear or long holds placed on them, which is mostly what I was asking. Thanks for reinforcing my feeling that the contractor's bank's hold policy should not justify me paying with ...
by vectorizer
Thu Aug 22, 2019 9:20 am
Forum: Personal Investments
Topic: Vanguard MM 10-day hold on written checks
Replies: 25
Views: 2114

Re: Vanguard MM 10-day hold on written checks

Have you spoken to his bank directly, or are you taking his word for it? Will he accept a credit card payment? (A credit card payment gives you more recourse as a consumer.) I recently paid for an entire HVAC system with a credit card. I don't think it's my place to contact his bank, so yes I'm tak...
by vectorizer
Wed Aug 21, 2019 5:07 pm
Forum: Personal Investments
Topic: Vanguard MM 10-day hold on written checks
Replies: 25
Views: 2114

Vanguard MM 10-day hold on written checks

My SO and I have held a joint Prime Money Market account at Vanguard for many years as our central cash conduit to banks, emergency savings, and to write checks for extraordinary expenses. Substantially all our investments are held at Vanguard too FWIW. We've been paying multiple contractors for wor...
by vectorizer
Tue Aug 13, 2019 10:30 am
Forum: Investing - Theory, News & General
Topic: [Deleted]
Replies: 41
Views: 5031

Re: Vanguard website fail at the propitious moment

I had no reason to access the site today, but reading these posts, I had to try. Like picking at a scab. :-)

And for the record, I'm getting no response after hitting the logon button.
by vectorizer
Tue Jul 30, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 7461

Re: What's your Uber passenger rating?

My last Uber experience was not taking Uber. 8 of us were on the same flight for business training. Got out of the airport. 4 of us got in a taxi. The other 4 got an Uber and were out of the airport before us. We got to the hotel first. (Uber's app took the other guys some random short cut). Our co...
by vectorizer
Tue Jul 30, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 7461

Re: What's your Uber passenger rating?

4.90, but I've only taken about 8 trips since first use in 2016.
by vectorizer
Tue Apr 16, 2019 6:04 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 146
Views: 17264

Re: What is your hobby and how did it come to be your hobby?

Amateur radio (aka "ham" radio). When I was a teenager, I was interested but had no money. Then college, career, kids left me with no time for intense hobbies. When the kids were grown, I had the money for it and more time, so I passed the test for my ham radio license. Really got hooked into the fu...
by vectorizer
Tue Feb 19, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Question re 1098-T
Replies: 17
Views: 833

Re: Question re 1098-T

In 9 years of receiving 1098T forms, I think only 2 matched my records. Don't worry about it; use your own records for what you actually paid in 2018 ... assuming you've kept good records and invoices/bills from the school. I have seen no reports of the IRS calling into question a difference due to ...
by vectorizer
Mon Jan 28, 2019 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?
Replies: 108
Views: 8052

Re: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?

60%

Stopping savings and a remarkable drop in income taxes should make it easy. Ask me in 5 years how it's working out because we're just starting.
by vectorizer
Tue Jan 08, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 62
Views: 5196

Re: Car Battery

Don't disconnect anything, just connect a smart but simple battery "tender" to the battery, the same way you'd connect jumper cables, then of course plug the tender into a wall outlet. I've used this one for many years: https://www.amazon.com/Battery-Tender-021-0128-Maintain-Damaging/dp/B00068XCQU/r...
by vectorizer
Sun Dec 23, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: End of Year IRA Withdrawal
Replies: 11
Views: 583

Re: End of Year IRA Withdrawal

Do I set up a regular investment account at Fidelity and transfer money? You could do this. It can stay at Fidelity, as long as the withdrawal is transferred ("exchanged") to a normal taxable account; it does not have to move out of Fidelity or to a bank. This is probably the simplest and fastest w...
by vectorizer
Sun Nov 25, 2018 3:46 am
Forum: Personal Finance (Not Investing)
Topic: ignore
Replies: 8
Views: 1623

Re: SocSec widow benefits confirmation

Based on responses, my post was poorly done. Please ignore. Thanks to those who responded.
by vectorizer
Sat Nov 24, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: ignore
Replies: 8
Views: 1623

Re: SocSec widow benefits confirmation

Maximum (full) survivor benefits are at her full retirement age, they don't keep increasing after that if you are not living. So no point in waiting. (Maybe that is what you have figured out, but it is a bit complicated to figure her exact age at these various times.) There is a point in waiting ti...
by vectorizer
Fri Nov 23, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: ignore
Replies: 8
Views: 1623

Re: SocSec widow benefits confirmation

2. If you die anytime after Feb 2023, your wife can apply for survivor's benefits. Full benefits at her full retirement age or reduced benefits as early as age 60. She doesn't need to wait until 2028 if she doesn't want to. Understood, but I'm looking for instructions that maximize her long-term be...
by vectorizer
Fri Nov 23, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: ignore
Replies: 8
Views: 1623

ignore

Based on responses to my original post, my post was poorly considered and written. Sorry. Please ignore this post. (I can't delete it.)
by vectorizer
Wed Nov 21, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 85
Views: 11099

Re: Amazon says TurboTax 2018 will be released November 12

I was hoping to be able to use TT as a check on a couple different spreadsheets I have used in tax planning but for now I don't trust it enough. So it i back to the spreadsheets and I will keep realized income away from any cliffs by a healthy margin. I had been keeping a spreadsheet throughout the...