Search found 257 matches

by Thrifty Femme
Wed Oct 18, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Separate Roth IRA accounts for the backdoor and the mega backdoor?
Replies: 9
Views: 603

Re: Separate Roth IRA accounts for the backdoor and the mega backdoor?

Small Law Survivor wrote:
Wed Oct 18, 2017 6:02 pm
What is the difference between a "backdoor" and a "mega backdoor," please?
In addition to what Duckie said, the mega backdoor roth requires a 401k plan that allows non-roth after-tax contributions and in-service withdrawals, preferably without restrictions.
by Thrifty Femme
Sun Oct 15, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 104
Views: 5608

Re: How does everyone keep track of your portfolio?

Yeah I just logged into my Personal Capital account and didn't even realize they have my holdings already in there. It's not perfect, for instance I can't link Fidelity 401k, and all the funds are listed in alphabetical order instead of by account, but it's still better than what I thought I had ac...
by Thrifty Femme
Sat Oct 14, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: [Social Security announces 2.0% benefit increase for 2018]
Replies: 26
Views: 3225

Re: Social Security announces 2.0% benefit increase for 2018

Interesting. Wonder if 401k/HSA contribution limits will go up as well? HSA limits did indeed increase for 2018 - it was announced earlier this year . 401k limits for 2018 will almost certainly increase . Official announcement later this month (if history holds). It's very likely that IRA limits wi...
by Thrifty Femme
Sat Oct 14, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Another Job Offer Dilemma
Replies: 13
Views: 1554

Re: Another Job Offer Dilemma

Have you compared the benefits package? Insurance, 401k offerings and matching, etc.
by Thrifty Femme
Wed Oct 11, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: HSA’s: What level of risk do you prefer?
Replies: 58
Views: 3709

Re: HSA’s: What level of risk do you prefer?

I put bonds in my HSA because I'm also using it as an emergency fund.
by Thrifty Femme
Sun Oct 08, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Question about my HSA and 401k after switching jobs
Replies: 5
Views: 503

Re: Question about my HSA and 401k after switching jobs

1. Yes, I understand that it's 6% every year. But lets say I correct it and pay the penalty, that's still company money. Isn't it still worth doing? 2. I tried using the calculator but I'm still confused. Can you point me to something that explicitly states how much of my paycheck I can contribute ...
by Thrifty Femme
Sun Oct 08, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Question about my HSA and 401k after switching jobs
Replies: 5
Views: 503

Re: Question about my HSA and 401k after switching jobs

I have two questions that are somewhat related: HSA 1. I made a total YTD contribution of $2615 via my old employer, which means I can still contribute $785 for the remaining part of the year ($3400 is the limit for 2017). My new employer will match contributions up to $750. How much total should I...
by Thrifty Femme
Sat Oct 07, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth Waiting Period?
Replies: 18
Views: 1269

Re: Megabackdoor Roth Waiting Period?

On a side note, I thought normally people that do megabackdoor Roth would be exceeding limits needed for regular Roth. I could be wrong though. My household does the mega backdoor roth without exceeding the limits for regular roth. We might not be normal though :wink: We're in that same "not normal...
by Thrifty Femme
Fri Oct 06, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth Waiting Period?
Replies: 18
Views: 1269

Re: Megabackdoor Roth Waiting Period?

learning_head wrote:
Fri Oct 06, 2017 11:42 am
On a side note, I thought normally people that do megabackdoor Roth would be exceeding limits needed for regular Roth. I could be wrong though.
My household does the mega backdoor roth without exceeding the limits for regular roth. We might not be normal though :wink:
by Thrifty Femme
Thu Oct 05, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Garage door opener on last leg
Replies: 32
Views: 2715

Re: Garage door opener on last leg

We just got a LiftMaster that connects to the WiFi :annoyed
by Thrifty Femme
Tue Oct 03, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 91
Views: 7728

Re: New HSA provider Lively offers investments for $30/yr fee

I am going to broach the subject with our VP of finance and maybe our VP of HR after I get a sense of how well Lively works. But it's going to be a hard (impossible) sell for a few reasons: (1) Our current HSA is with a prominent local bank. (2) Lively is new. (3) The investment options are "too co...
by Thrifty Femme
Fri Sep 29, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Lost my job and looking for advice on next steps
Replies: 43
Views: 5205

Re: Lost my job and looking for advice on next steps

Thanks Watty, Turbotax states: "Box 12 (W2) amounts with the code DD signify the total cost of what you and your employer paid for your employer-sponsored health coverage plan". Are you saying for COBRA is much higher than this figure on W2? The cost for COBRA is at most 2% higher than the number i...
by Thrifty Femme
Fri Sep 29, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Health savings account
Replies: 7
Views: 617

Re: Health savings account

There is an active thread in the Personal Finance forum right now. You can also do a search. There are many recent threads on HSA providers.
by Thrifty Femme
Thu Sep 28, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Lost my job and looking for advice on next steps
Replies: 43
Views: 5205

Re: Lost my job and looking for advice on next steps

How much will COBRA costs compared with current contribution from employer (e.g.:2 or 3 times)? Really impossible to say. What you will pay is the full cost of the health insurance - the part that you pay monthly plus whatever it is your employer pays monthly - with a 3% administrative fee on top. ...
by Thrifty Femme
Wed Sep 27, 2017 6:39 pm
Forum: Personal Consumer Issues
Topic: Suggestions Regarding Foot Orthotics
Replies: 6
Views: 834

Re: Suggestions Regarding Foot Orthotics

Try calling some local podiatrists. The younger ones or the ones in the nicer parts of town will generally have newer technology.
by Thrifty Femme
Sun Sep 24, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: TENS [Transcutaneous Electrical Nerve Stimulation]
Replies: 2
Views: 425

Re: TENS

Yes, I love mine.
by Thrifty Femme
Sun Sep 24, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Going to try my hand at Mega Backdoor Roth
Replies: 16
Views: 1726

Re: Going to try my hand at Mega Backdoor Roth

There is another option you either don't know of or are not considering. When you do the rollover of the after tax 401k account, you can direct the after-tax money to Roth IRA and the earnings (pre-tax money) to tIRA. This may not work for you if you are using the back door for your $5,500 Roth IRA...
by Thrifty Femme
Sat Sep 16, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Threshold Estimates
Replies: 12
Views: 1419

Re: 2018 Tax Threshold Estimates

Thrifty Femme wrote:
Sat Sep 16, 2017 7:24 am
tfb wrote:
Fri Sep 15, 2017 9:52 pm
$18,500. No change to HCE threshold.
Bummer, thanks. Do you know what controls the decision to increase those amounts?
by Thrifty Femme
Sat Sep 16, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Threshold Estimates
Replies: 12
Views: 1419

Re: 2018 Tax Threshold Estimates

tfb wrote:
Fri Sep 15, 2017 9:52 pm
$18,500. No change to HCE threshold.
Bummer, thanks.
by Thrifty Femme
Fri Sep 15, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Threshold Estimates
Replies: 12
Views: 1419

Re: 2018 Tax Threshold Estimates

Alan S. wrote:
Fri Sep 15, 2017 12:26 pm
These estimates are typically confirmed by the IRS in a few weeks.

http://news.cchgroup.com/2017/09/15/wol ... unts-2018/
Thanks, any word on 401k elective contribution limits and highly compensated employee definition?
by Thrifty Femme
Thu Sep 14, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 47111

Re: Equifax customer information leak

Munir wrote:
Thu Sep 14, 2017 5:43 pm
If my wife has the same last name and shares my address etc, does she need a separate freeze process or does my individual freeze automatically include her?
No, she needs to do her own freeze.
by Thrifty Femme
Sun Sep 10, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed Fund As E-fund and Bonds?
Replies: 2
Views: 359

Guaranteed Fund As E-fund and Bonds?

I'm considering using this guaranteed fund in my 401k in place of a bond fund and as the third tier, 3 months of expenses, of my emergency fund. The first tier would be 1 month of expenses in regular checking, and the second tier would be 4 months of expenses high yield savings. Currently I have 1 m...
by Thrifty Femme
Sun Sep 03, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: How old were you when you got your first credit card?
Replies: 46
Views: 2012

Re: How old were you when you got your first credit card?

19 or 20. I got approved for a $4000 with maybe $4000 of income :?
by Thrifty Femme
Tue Aug 29, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: new job, near Roth IRA limit, what to do?
Replies: 7
Views: 755

Re: new job, near Roth IRA limit, what to do?

Your health insurance premiums should also help reduce your adjusted gross income.
by Thrifty Femme
Sun Aug 27, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Now Job New 401k Options & a Pension
Replies: 5
Views: 510

Re: Now Job New 401k Options & a Pension

Funding tax-deferred and setting up a Roth conversion later is on track. There's a 5 year Rule related to Roth conversions you should be aware of. Otherwise looks like a very good selection. Thanks for the tip on the 5 year rule. Looks like a great plan to me. The stable value fund is paying 3.5% -...
by Thrifty Femme
Sat Aug 26, 2017 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Now Job New 401k Options & a Pension
Replies: 5
Views: 510

Now Job New 401k Options & a Pension

My options are https://thriftyfemme.files.wordpress.com/2017/08/screen-shot-2017-08-26-at-8-41-49-pm.png As you can see there are no ticker symbols, so I can't determine how these funds match up against the Vanguard institutional funds in my old 401k. :annoyed Morningstar wasn't particularly helpful...
by Thrifty Femme
Sat Aug 19, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: New to 401k. How is this Match?
Replies: 14
Views: 1504

Re: New to 401k. How is this Match?

Thanks for the replies, confirming what I thought. She starts in September. It's hourly, but she should bring in about 30k, which I guess would make the match about average. She doesn't even have all the details yet. It's not a deal breaker, that plus insurance we'll probably see and extra 10k comp...
by Thrifty Femme
Sat Aug 19, 2017 6:55 pm
Forum: Personal Consumer Issues
Topic: Kitchen knife set. Good quality - Recommendations
Replies: 55
Views: 4502

Re: Kitchen knife set. Good quality - Recommendations

I like the Wüstof Grand Prix II line. It looks nicer than the classic line.
by Thrifty Femme
Sat Aug 19, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: After Tax 401K Contributions Advice
Replies: 22
Views: 1549

Re: After Tax 401K Contributions Advice

I'm in my mid-twenties, retirement date is still uncertain at this point. Yes, Roth IRA and 401K are maxed. Also have emergency fund and brokerage account that would cover any short-term expenses. As I mentioned in another reply, the expectation is that I would convert in a few years, which seems t...
by Thrifty Femme
Sat Aug 19, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Bose Noise Cancelling Headphones
Replies: 49
Views: 3998

Re: Bose Noise Cancelling Headphones

I have the on ear QC 3. The sound is great, but the faux leather material covering the headphones began to flake off after a year of light use. The replacement coverings are not covered under warranty and cost $35 :annoyed
by Thrifty Femme
Sat Aug 19, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: After Tax 401K Contributions Advice
Replies: 22
Views: 1549

Re: After Tax 401K Contributions Advice

You need to provide more information. How old are you? How long do you see yourself staying with this company? When do you plan to retire? Are you maxing out all other tax advantaged accounts? The Finance Buff did the math , and after-tax non-roth 401k is still worth it if you can't rollover after 5...
by Thrifty Femme
Sat Aug 19, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: New job, life changes
Replies: 26
Views: 2197

Re: New job, life changes

Angelus359 wrote:
Sat Aug 19, 2017 4:41 am
Actually... Should I be maxing 401k or should I accelerate mortgage payments

It's 2.99%
That's a great interest rate. Max your 401k.
by Thrifty Femme
Sun Aug 13, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: For those switching to Chrome from Firefox
Replies: 31
Views: 2314

Re: For those switching to Chrome from Firefox

In the past couple of weeks, there has been news about companies trying to defeat ad-blockers. That will inevitably lead to countermeasures on the ad-blocking side. Here's one countermeasure that's already available and it applies to Chrome/Chromium users who use UBlockOrigin. uBO-Extra A companion...
by Thrifty Femme
Sun Aug 13, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Where to buy glasses for eclipse viewing ?
Replies: 70
Views: 6133

Re: Where to buy glasses for eclipse viewing ?

Try your local library, park, or science center. You might be able to get a pair for free.
by Thrifty Femme
Wed Aug 09, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth IRA - what to do with gains?
Replies: 17
Views: 1914

Re: Mega Backdoor Roth IRA - what to do with gains?

If these are direct rollover checks made out to your Roth and TIRA custodians FBO you, you have no choice but to forward them to your IRA custodian for deposit into the respective IRAs. Does the after tax check indicate the payee as your Roth IRA? The after-tax check states FBO me and indicates Rot...
by Thrifty Femme
Mon Aug 07, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Ira vs roth
Replies: 14
Views: 1040

Re: Ira vs roth

If you think you'll be in phase-out, I would put it all in Roth now. Then next year, work your taxes and figure out how much could be deductible, then recharacterize that amount before tax day. How hard is it to recharacterizate? It just sounds like a lot of work vs jusy wait. But then I am out of ...
by Thrifty Femme
Sat Aug 05, 2017 12:40 am
Forum: Personal Consumer Issues
Topic: [SOLVED] VG Account Compromised: Please Advise
Replies: 30
Views: 2715

Re: VG Account Compromised: Please Advise

Do you use a service like Personal Capital or Mint? Those services could be trying to update account balances.
by Thrifty Femme
Sat Jul 22, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2261

Re: Mega Backdoor Roth Questions

Doing a mega backdoor roth is accomplished by a non-hardship, in-service distribution of the after-tax sub-account of your 401k account (both contributions and earnings). You are not technically "withdrawing", and that too not just contributions. See if the SPD talks about in-service distribution o...
by Thrifty Femme
Fri Jul 21, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2261

Re: Mega Backdoor Roth Questions

Or is it 5 years from when the first after-tax contribution is made? It's 60 months of vested service, which I take to mean from start date. I guess it could also mean 60 months from 401k eligibility, which would be start date + 60 days. I doubt I'd be with this employer for 5 years, but that's wha...
by Thrifty Femme
Thu Jul 20, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2261

Re: Mega Backdoor Roth Questions

5 year waiting from your first date of employment or 5 year waiting for each contribution to do in-service withdrawal? Good question. The SPD says the following: Once you have been credited with 60 Months of Vesting Service, you can withdraw all or a portion of your After-Tax Employee Contributions...
by Thrifty Femme
Thu Jul 20, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2261

Mega Backdoor Roth Questions

I'm evaluating a job offer with a 401k plan that offers non-Roth after-tax contributions. The only downside is there is a 5 year waiting period to withdraw the money while in service. I know there is might be some 5 year rules at play regarding rollovers. Can anyone verify this contributions would n...
by Thrifty Femme
Wed Jul 12, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: Wisdom Teeth Removal: Any experience?
Replies: 17
Views: 1042

Re: Wisdom Teeth Removal: Any experience?

What is it like to get your wisdom teeth removed? 1. Does the procedure hurt? No, I was put under general anesthesia. 2. Did you just get local anaesthetic? See number 1. 3. Were there side or after-effects? They nicked a nerve, so I had no feeling around my chin for about two weeks. The feeling ca...
by Thrifty Femme
Wed Jul 12, 2017 7:04 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord: Who's Best?
Replies: 46
Views: 5298

Re: Cutting the Cord: Who's Best?

I like PlayStation Vue, for which you don't need a PlayStation to subscribe.
by Thrifty Femme
Mon Jul 10, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to determine market rate salary
Replies: 7
Views: 1205

Re: How to determine market rate salary

Pay scale.com should help.
by Thrifty Femme
Thu Jul 06, 2017 10:09 pm
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 85
Views: 7533

Re: AAA Cost

$153 for Plus membership with two adults.