Search found 78 matches

by vest74
Wed Aug 22, 2018 12:27 am
Forum: Investing - Help with Personal Investments
Topic: What accounts to spend from in retirement
Replies: 5
Views: 807

Re: What accounts to spend from in retirement

Thanks all for the ideas! It looks like an additional 24K when RMD's start in a few yrs. so I best try a Tax Return for that yr. and see if I/we are up over the 77K which would make either making Roth's out of traditional IRA's or spending from the Traditional's. If not over 77K when RMD's kick in( ...
by vest74
Mon Aug 20, 2018 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: What accounts to spend from in retirement
Replies: 5
Views: 807

Re: What accounts to spend from in retirement

that's 6 grandchildren not "y"
by vest74
Mon Aug 20, 2018 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: What accounts to spend from in retirement
Replies: 5
Views: 807

What accounts to spend from in retirement

68 yrs. old, married, both taking SS, modest pension all together $65K/yr. 15% tax bracket and a good savings in Taxable, Roth's, and Traditional IRA's. Currently taking American Fund distributions ( avg 12K/yr) and spending or reinvesting @ Vanguard in a Taxable or Roth IRA( we have $4K in W2 incom...
by vest74
Wed Jun 13, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1428

Re: tax loss worthwhile?

I believe that to be the case - no tax loss benefit if under that amount :(
by vest74
Mon Jun 11, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1428

Re: tax loss worthwhile?

"If you've decided to sell, then definitely avoid any LT gains this year. Then harvest some ST gains (sell and buy back immediately) and leave 3k loss to offset other income. So if i have like American Funds throwing off LTCG every year in our taxable joint account, and our Taxable Income Line 41 i...
by vest74
Sun Jun 10, 2018 12:30 am
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1428

Re: tax loss worthwhile?

what good is 3.1% yield if value keeps going down and may for some time? of course that is a timing issue but..................
by vest74
Sat Jun 09, 2018 12:02 am
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1428

Re: tax loss worthwhile?

Sorry, 10K total tax loss though i would only do like 3K TLH a year.......or do it all at once- 1 year?
by vest74
Sat Jun 09, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1428

Re: tax loss worthwhile?

Why would you want to do that?! because I see no use in the fund ( total Bond )anymore and I have like 10K total - might as well put it in Prime and get the 1.8% ..............??
by vest74
Fri Jun 08, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1428

tax loss worthwhile?

Wondering if i sold some Total Bond for a tax loss, if it can be claimed against Long term Cap gains even if i am in a low enough Tax Bracket that i do not pay any taxes on LTCGains? all is within a joint taxable brokerage account
by vest74
Tue May 22, 2018 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 12
Views: 2172

Total Bond Market

What are the pro's and con's to continue to hold this fund is this steadily upward trend in yields? :?
Thank You
by vest74
Sat Mar 24, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: Barrons 'Interactive Brokers top Online Broker'
Replies: 31
Views: 3188

Re: Barrons 'Interactive Brokers top Online Broker'

seems to me Barron's is much more of an advertising site anymore - less quality content and a lot more ads :( :greedy
by vest74
Thu Feb 01, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

i / we are grandfathered also, and while the method to name 9 beneficiaries on the TOD is weird, it is kinda close to "per stirpes" and people do it. maybe the best we can do without moving to another firm. that 9 bene' method is closer to "per stirpes" than "per capita" so just might do it Same at ...
by vest74
Thu Feb 01, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

Wait, maybe an epiphany :happy I think i found a somewhat acceptable answer to all accounts where i have no "per stirpes" designation available for a secondary beneficiary: It looks as if Edward Jones, Nationwide 457(b) Plan, and Vanguard Brokerage will allow our Taxable Joint Account (JWROS) to hav...
by vest74
Thu Feb 01, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 26
Views: 3654

Re: Total Bond Market

My guess is that yields rise for a few years, then the fund VBTLX NAV would remain steady for some time after slowly( but really is quite fast):( falling until that a few yrs. out
by vest74
Thu Feb 01, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 26
Views: 3654

Re: Total Bond Market

I was wrong in my post: Some not all of my 300K VTBLX is in Taxable account, only some, Now that TLH = Tax Loss Harvest not the I-Shares Bond Fund, mabe I will try to harvest a bit of loss---i guess the Vanguard calculated cost basis is what i will see on my 1099-B unless i sell specific shares?
by vest74
Thu Feb 01, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 26
Views: 3654

Re: Total Bond Market

Yes, taxable account. TLH now? Rates I suspect will be in an uptick for a spell, or will the long end stay flat? I think better minds than myself can answer that one..............
by vest74
Thu Feb 01, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 26
Views: 3654

Total Bond Market

I wonder if it is best to just let the NAV of VBTLX deteriorate while reinvesting the div's and just hope for a break even point within a couple years like if you have 300K in VBTLX? :annoyed
Thank You
by vest74
Tue Jan 30, 2018 2:11 am
Forum: Investing - Help with Personal Investments
Topic: W2 for Retirement Health benefits
Replies: 9
Views: 983

Re: W2 for Retirement Health benefits

Thanks all! Box 1 of W2 if not reduced by any other entry on W2 is a valid Compensation/earned income amount for a Roth IRA for a retired person with no other earned income! - got it!! provided i only contribute $6500 or less for a 67 yr old in 2018.
by vest74
Mon Jan 29, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: W2 for Retirement Health benefits
Replies: 9
Views: 983

Re: W2 for Retirement Health benefits

The amount in box 1 on your W-2 can be contributed to an IRA if it is reduced by any amount in box 11. If there is nothing in box 11, then you can contribute the amount in box 1 to an IRA. Doesn't matter what it is intended for, all taxable compensation is treated the same. Could this have been sai...
by vest74
Mon Jan 29, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: W2 for Retirement Health benefits
Replies: 9
Views: 983

Re: W2 for Retirement Health benefits

Even though the "Stipend" is clearly for retirement health benefits i can claim it as earned income and contribute to a Roth IRA to that amount?(i am retired and have no earned income other than this questioned amount)
by vest74
Mon Jan 29, 2018 12:38 am
Forum: Investing - Help with Personal Investments
Topic: W2 for Retirement Health benefits
Replies: 9
Views: 983

Re: W2 for Retirement Health benefits

Did that answer the question: " can i contribute that amount to a roth" there is NO entry in box 11 just trying to figure if this W2 constitutes "earned income" as far as the IRS cares? i.e: is it legal to call it earned income? :?:
Thanks
by vest74
Sun Jan 28, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: W2 for Retirement Health benefits
Replies: 9
Views: 983

W2 for Retirement Health benefits

The monies are paid as a "Stipend" and we send proof of the Health care we purchase with the money. If I receive a W2 for Retirement Health benefits for $3900.00 can I contribute that amount to a Roth IRA? Th e W2 has Fed, State, Local, SS, and Medicare taxes taken out with no other codes listed in ...
by vest74
Sun Jan 28, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: sale of mutual funds tax
Replies: 11
Views: 701

Re: sale of mutual funds tax

Thanks all! great help.
P
by vest74
Sun Jan 28, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: sale of mutual funds tax
Replies: 11
Views: 701

Re: sale of mutual funds tax

don't know what aca ( afford health care act?) we pay for our own health care and medicare, so i believe that the only thing that gets effected is SS benefits and if the Tax Inc line #43 stays under $79,500 there is no problem(no additional tax) correct?
by vest74
Sun Jan 28, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: sale of mutual funds tax
Replies: 11
Views: 701

Re: sale of mutual funds tax

Thanks! so i could sell enough until i bump into that $75,500 # for line 43, correct?
by vest74
Sun Jan 28, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: sale of mutual funds tax
Replies: 11
Views: 701

Re: sale of mutual funds tax

We are retired. Yes I believe they will be long term(at least most - report as various as when bought) Line 43 = $63,000 No tax credits. Pretty simple return. Just did not understand where a LT Gain in our case will hit the taxable status?
Thanks all..........
by vest74
Sun Jan 28, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: sale of mutual funds tax
Replies: 11
Views: 701

sale of mutual funds tax

lets say i sell $5000 of a mutual fund and report on our joint 1040 the sale with a taxable capital gain of $1000. i plug all the #'s into H & R block tax software and the $1000 capital gain had no effect on our tax due. we had taxable income of $83,000 which includes taxable $28,000 of $32,000 S.S....
by vest74
Sat Jan 20, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

Ok, thanks all! consensus says, let it go to will and be probated, do a trust, or move it out of Vanguard after 25+ yrs. :| :|
by vest74
Sat Jan 20, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

then move the ed jones, then move the nationwide............... :annoyed
by vest74
Fri Jan 19, 2018 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

yes, we both have wills and poa's, health poa's etc. only prob is our grandchildren if not allowed per stirpes in these taxable accounts..........
by vest74
Fri Jan 19, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

"Your descriptions of the probate process seem a little contradictory. The less messy more private way is through a trust. It may or may not be more expensive depending on the cost to have a trust drafted vs. the probate fees. In my state it is not the probate tax that is expensive, but rather the ...
by vest74
Fri Jan 19, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

I wrote that as a possible solution in my original post: "Or perhaps just let these accounts pass to the will which in turn has per stirpes clauses?" I was just hoping there was a less messy and more private way than the courts :| ? Seems that these taxable accounts would have a better way.............
by vest74
Fri Jan 19, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Re: Per Stirpes

VG allows you to set up the taxable account with beneficiaries (BOD). Can't you adjust the % amounts there, for what you want to go to whom? I guess my answer to you is a question: can i list as beneficiaries 3 children 27% each and 6 grandchildren 3% each? just wondering if there was an easier way ...
by vest74
Fri Jan 19, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3472

Per Stirpes

I see Vanguard does not allow per stirpes in taxable account. I wonder if I/we could enter small percentages for our grandchildren to insure against a "per capita" settlement of the Vanguard, Ed Jones TOD's, and the Nationwide 457(b)(Nationwide also, like Vanguard does not allow per stirpes). Or per...
by vest74
Fri Dec 08, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 71
Views: 7233

Re: What did you do with your first RMD withdrawal money?

Some people do take RMDs in kind, I understand. So you are saying you can take in kind and just keep track of amount of shares or transfer them(shares) from the IRA to a non-tax sheltered account? sounds easier than selling in the IRA and re buying in the taxable account. I thought that any shares ...
by vest74
Fri Dec 30, 2016 2:09 am
Forum: Investing - Help with Personal Investments
Topic: In taxable account sell Total Bond buy Tax Exempt
Replies: 26
Views: 3002

Re: In taxable account sell Total Bond buy Tax Exempt

What is the "phase in" being referred to? we have taxable modest pension and div's etc. to get to AGI of 65,000. I plan on getting taxable accounts to index stock funds(sell as needed for $- not afraid of book work) and try to put bonds in retirement account. Can't do a DARN thing with Ed Jones Amer...
by vest74
Thu Dec 29, 2016 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: In taxable account sell Total Bond buy Tax Exempt
Replies: 26
Views: 3002

Re: In taxable account sell Total Bond buy Tax Exempt

Thanks all. Then why does one care if dividends are qualified or not?
by vest74
Wed Dec 28, 2016 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: In taxable account sell Total Bond buy Tax Exempt
Replies: 26
Views: 3002

Re: In taxable account sell Total Bond buy Tax Exempt

Alwaysaq wrote; "Qualified Dividends and Capital Gains are definitely included as income when determining how much Social Security is taxable. Qualified Dividends are a subset of Ordinary Dividends" Look at Schedule D line 20, and SS worksheet line 2 (modified income) at least for me of modest incom...
by vest74
Wed Dec 28, 2016 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: In taxable account sell Total Bond buy Tax Exempt
Replies: 26
Views: 3002

Re: In taxable account sell Total Bond buy Tax Exempt

I believe Qualified Dividends are NOT included in figuring SS taxable income
by vest74
Wed Dec 28, 2016 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: In taxable account sell Total Bond buy Tax Exempt
Replies: 26
Views: 3002

Re: In taxable account sell Total Bond buy Tax Exempt

Thanks, i believe that selling tax exempt in one account and buying taxable in another account is ok? Someone please correct me if i am wrong.
by vest74
Wed Dec 28, 2016 12:57 am
Forum: Investing - Help with Personal Investments
Topic: In taxable account sell Total Bond buy Tax Exempt
Replies: 26
Views: 3002

Re: In taxable account sell Total Bond buy Tax Exempt

So maybe whittle down any bonds and reit funds in the taxable accounts, replace with like VTSAX and in the IRA's buy the same amount VTBLX to get the total allocation back where i want 40% Eq 60% Bonds and the heck with muni's. Yes the SS is getting taxed plenty - like over 70% last year :annoyed
by vest74
Tue Dec 27, 2016 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: In taxable account sell Total Bond buy Tax Exempt
Replies: 26
Views: 3002

In taxable account sell Total Bond buy Tax Exempt

Holding VTBLX in taxable account at a negative cost basis. Wonder if I should sell half and buy Intermediate Term Tax Exempt VWITX, would save a bit on taxes (due to CGain Loss)and for the future tax free dividends - i wonder if the tax efficiency of the VWITX for the long term would overcome it's i...
by vest74
Sun Dec 25, 2016 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Should not be using VTBLX [Vanguard Total Bond Market Index]
Replies: 14
Views: 1972

Re: Should not be using VTBLX

I'm 66 retired. 40% Eq 60% Bonds(50% VBTLX 50% Nationwide Fixed @3.5%). As far as knowing the risks I guess I do, been through 1987, 1990, 2001, 2008 etc and just hate to see red numbers! I invest to grow my assetts not decline. That being said looks like VBTLX might be my best fit and that is why I...
by vest74
Sun Dec 25, 2016 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Should not be using VTBLX [Vanguard Total Bond Market Index]
Replies: 14
Views: 1972

Re: Should not be using VTBLX

Thanks as always, then why use Bonds period! Seems as if with credit risks for individ and hanging on to Bond Funds, maybe laddered CD's is the best? But now with a possible long bear in bonds getting out of Fund's is going to hurt :(
by vest74
Sun Dec 25, 2016 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Should not be using VTBLX [Vanguard Total Bond Market Index]
Replies: 14
Views: 1972

Should not be using VTBLX [Vanguard Total Bond Market Index]

Looks as if I should not be using Total Bond Fund? Individual bonds at least will get back your principal and coupons if held to maturity or call date, but the VTBLX who knows when you could sell without losing principal? :) :?
by vest74
Sat Dec 24, 2016 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Length of time Broker/Fund keeps Dividends
Replies: 3
Views: 332

Re: Length of time Broker/Fund keeps Dividends

Thank you, I will look at the thread. My non Vanguard account with a Broker, for one of my American Funds(AIVSX) had a record date of 12/16, pay date 12/19, and a 12/27 date to have funds available in my bank account via ACH. The other American Funds I have all had monies available at my Bank(PNC) w...
by vest74
Sat Dec 24, 2016 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Length of time Broker/Fund keeps Dividends
Replies: 3
Views: 332

Length of time Broker/Fund keeps Dividends

How many days does the Broker/Fund Family keep Dividends and Capital Gains before sending them to my bank via ACH. I started to NOT reinvest them and having them sent directly to my bank. Same Fund Family and several days between electronic delivery to my Bank? I thought that 3 business days was a l...
by vest74
Sun Dec 04, 2016 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: VBTLX vrs. Nationwide Fixed @ 3.5%
Replies: 6
Views: 1657

Re: VBTLX vrs. Nationwide Fixed @ 3.5%

Now wished i had put more in Nationwide after the way VBTLX has been hit in the last several weeks - hopefully a bit more gradual now increase in rates. Then will have to make the decision whether to move some back into VBTLX because of VBTLX's higher yield - might be awhile though. Now as i write, ...
by vest74
Sat Dec 03, 2016 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Trust with a spendthrift heir
Replies: 18
Views: 3336

Re: Trust with a spendthrift heir

Thanks all..............still pondering :|
by vest74
Fri Dec 02, 2016 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Trust with a spendthrift heir
Replies: 18
Views: 3336

Re: Trust with a spendthrift heir

msk mentioned "nothing wrong with the Bh way" what does Bh mean? Also what is a SPIA? some kind of Annuity? The 2 children that have good track record of handling money and good job quality are not the spendthrift. That one does not have good job selection -- but none of the three have talked much a...