Search found 73 matches

by Lyrrad
Wed Oct 09, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128791

Re: Fidelity as a one stop shop

I don't know if anyone else has noticed this. But recently I've seen Fidelity clear check deposits quickly. It use to take 4-5 business days for cash available for withdrawal. Now it seems to take 1-2 days. Very pleased to see that. I've noticed that my EFT pull requests initiated from the Fidelity...
by Lyrrad
Sat Sep 21, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: Market/Limit Orders
Replies: 39
Views: 2230

Re: Market/Limit Orders

Thank you snowman. Our HSA is through my wife's Federal job so, no ability to move it. Note that HSAs should be portable, even if employer and paycheck contributions need to go into a particular provider. One should be able to do a trustee to trustee transfer at any time, or a manual rollover once ...
by Lyrrad
Wed Sep 11, 2019 1:14 am
Forum: Investing - Theory, News & General
Topic: Health equity investment fee. High or low?
Replies: 23
Views: 1654

Re: Health equity investment fee. High or low?

Even though my employer covers all the investment fees and trustee to trustee transfer fees, I still decided to transfer all my funds from HealthEquity to Fidelity this past year. It’s possible that my employer won’t cover these fees in the future, or that I’ll leave my employer some day and HE will...
by Lyrrad
Wed Aug 28, 2019 12:29 am
Forum: Investing - Theory, News & General
Topic: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]
Replies: 19
Views: 8301

Re: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]

I don't see the $12.00 section in the Prospectus. Has this changed? On the fund page itself it also says the required balance is $100,000. Is it $100,000 or $10,000 then? I believe it has been eliminated. I recall having a chat earlier this year with a Fidelity representative and I was told that mi...
by Lyrrad
Tue Aug 13, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128791

Re: Fidelity as a one stop shop

engineerbme wrote:
Tue Aug 13, 2019 12:31 pm
how do ladders work in fidelity, im interested. is it similar to a CD where the $ is parked and can't be touched until the bill is up?
For T-bills you should be able to sell them on the open market before maturity.
by Lyrrad
Wed Jul 31, 2019 1:13 am
Forum: Investing - Theory, News & General
Topic: Converting Mutual Fund into ETF at Vanguard
Replies: 11
Views: 1651

Re: Converting Mutual Fund into ETF at Vanguard

Yes, you're right. The balance showed it was available for trade immediately after the sale went through. However, since I closed out my position, I was not able to see the total balance because when partial shares of an ETF are sold Vanguard takes a bit of time to push that through. Yes. The parti...
by Lyrrad
Tue Jul 23, 2019 1:05 pm
Forum: Personal Investments
Topic: Betterment Everyday Savings and Checking Launches - 2.69% interest, FDIC insured
Replies: 21
Views: 1644

Re: Betterment savings 2.69%

The FAQ was just updated. Their fee isn't deducted from the quoted rate.
by Lyrrad
Tue Jul 23, 2019 11:17 am
Forum: Personal Investments
Topic: Betterment Everyday Savings and Checking Launches - 2.69% interest, FDIC insured
Replies: 21
Views: 1644

Re: Betterment savings 2.69%

Good catch, aren’t they always promo rates? Apy may change at any time. Nvm, they want you to sign up for their checking waitlist to get the rate :x I think it's worse than that. The FAQ mentions 0.25% being deducted from the interest, so the actual rates may be 2.44% and 2.18%. Edit: Their FAQ was...
by Lyrrad
Tue Jul 02, 2019 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128791

Re: Fidelity as a one stop shop

Has anybody else run into issues trying to autopay their Citibank credit cards (i.e. Double Cash 2% cash back card) using a Fidelity CMA account? I haven't been able to get this working, but I can pay my Chase credit cards without any issues. When I spoke to the Citi rep they said it was because th...
by Lyrrad
Wed Jun 26, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Advertising Mutual Fund to ETF Conversion
Replies: 138
Views: 10930

Re: Vanguard Advertising Mutual Fund to ETF Conversion

I can't post a link to the page, because it's secure once I log in. Here's a link to the image I see (the forum won't let me embed the image): https://imgur.com/4QF7Daz I don't think it was possible to convert online before, with a phone call was required to convert to ETFs. Where does the link in ...
by Lyrrad
Sun May 12, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128791

Re: Fidelity as a one stop shop

Has any one setup 2 CMA accounts? I setup a second recently and it looks like you can only have one active cash manager. The option for settings is grayed out for the new CMA account. Anyone have 2 that can use separate cash managers? I believe each account can only fund one account for Cash Manage...
by Lyrrad
Sat Apr 13, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: IRS Estimated Tax Payments on ROTH conversion & Avoiding Penalties
Replies: 14
Views: 1202

Re: IRS Estimated Tax Payments on ROTH conversion & Avoiding Penalties

I have a similar issue. Did a Roth conversion on Dec. 7 and paid estimated tax separately on Dec. 7. Did not file Form 2210. Just got IRS Notice of penalty of ~$100. Couple of questions. 1) Can I file a Form 2210 only now and get penalty eliminated? (Will probably just pay penalty, but would prefer...
by Lyrrad
Sun Apr 07, 2019 1:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard Monthly Statement Envelope
Replies: 21
Views: 2370

Re: Vanguard Monthly Statement Envelope

I have paperless statements for both my Vanguard 401K and my trust account. I got it set up the normal way in the account settings online. I just reexamined my paperless settings and it appears that the only thing I can’t change to paperless is brokerage confirmations. I signed up for a brokerage o...
by Lyrrad
Sat Apr 06, 2019 12:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Monthly Statement Envelope
Replies: 21
Views: 2370

Re: Vanguard Monthly Statement Envelope

Unfortunately we were told by VG that for trust accounts there was not an option for paperless statements. We were paperless until forming the trust. Do others have this problem and if not with a trust account at VG, how did you stop the paper statements? I have a similar problem. My employer's 401...
by Lyrrad
Sat Mar 30, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 5432

Re: Benefits of Fidelity vs Vanguard

[Thread merged into here, see below (Page 3) --admin LadyGeek] 1) How big of a difference is the tax efficiency of Vanguard vs Fidelity mutual funds? I've seen this a few times on this thread but don't quite understand why there would be a substantial difference if they are tracking the same index....
by Lyrrad
Sun Mar 03, 2019 12:50 am
Forum: Investing - Theory, News & General
Topic: "3 Things to Be Aware of Amid ETF Fee Wars"
Replies: 33
Views: 3651

Re: "3 Things to Be Aware of Amid ETF Fee Wars"

[...] the second half of 2018, VTI and VOO had fees at 0.02% annualized, while the Admiral shares were at 0.04%. [...] How are you claiming VTI to have an ER of 0.02% when Vanguard's own site lists a published ER of 0.04%, the same as VTSAX? https://investor.vanguard.com/etf/profile/overview/vti -T...
by Lyrrad
Sat Mar 02, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 61920

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

3) One thing to be aware of is that Fidelity holds check deposits and ACH transfers initiated from Fidelity for a long time. While they can be invested immediately, they can't be withdrawn for about a week. However, if you initiate the ACH from the other bank (eg direct deposit), they appear to be ...
by Lyrrad
Sat Mar 02, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's march toward paperless
Replies: 4
Views: 815

Re: Vanguard's march toward paperless

Hopefully they can get rid of paper statements for retirement accounts, too. For some reason, because my employer's 401k plan is with Vanguard, I can't opt out of mail for any of my accounts. Every time I perform a transaction in my non-employer account, it asks me to opt into paperless, and the set...
by Lyrrad
Sat Mar 02, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 65
Views: 8751

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

Vanguard offers VIIIX to my company 401K participants at 1.3 basis points. I figure if they can make that offering work at this expense ratio, they will be able to offer VTI at 3 basis points soon... so stay tuned... :sharebeer I heard they made VOO to 3 basis points right now. Barron's article. VT...
by Lyrrad
Sat Mar 02, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Fidelity’s Fees on Low-Cost Funds Eyed in Government Probe - oops...
Replies: 43
Views: 5235

Re: Fidelity’s Fees on Low-Cost Funds Eyed in Government Probe - oops...

Is there any evidence in the article that the fees in question were included in the expense ratios of funds? As I see it, the participant isn't paying more than the expense ratio, so why should he/she care ? I think it's alleged that the fee should have been disclosed as a distribution charge, even...
by Lyrrad
Sat Mar 02, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: "3 Things to Be Aware of Amid ETF Fee Wars"
Replies: 33
Views: 3651

Re: "3 Things to Be Aware of Amid ETF Fee Wars"

Will the admiral share costs be lowered also? I don't think this will happen in the near future. for the second half of 2018, VTI and VOO had fees at 0.02% annualized, while the Admiral shares were at 0.04%. Presumably some of the expenses from the Investor shares are now spread being paid by the A...
by Lyrrad
Sat Mar 02, 2019 12:50 am
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Just Made Its S&P 500 Fund Even Cheaper
Replies: 21
Views: 2861

Re: Barron's--Vanguard Just Made Its S&P 500 Fund Even Cheaper

1 bps reduction might not sound like a lot but it does represent a 25% reduction in costs which does sound like a lot. I wonder if the Admiral shares will match the ETF in cost at .03bps. If not- I think that Vanguard is trying to steer their clients towards ETFs versus Mutual Funds. I think it's c...
by Lyrrad
Sun Feb 24, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128791

Re: Fidelity as a one stop shop

Does anyone know how you can see on the Fido website when your CMA money will be available for withdrawal? I see the pending transaction amount, but can't find a date that it will be available. Once the money posts to the account, its availability date is visible to me under "Manage Cash" for the a...
by Lyrrad
Thu Jan 31, 2019 12:54 am
Forum: Investing - Theory, News & General
Topic: BNDW not trackable in Google Finance
Replies: 10
Views: 1578

Re: BNDW not trackable in Google Finance

I usually extract fund values from the Vanguard RSS feed, which is helpful to get the prices of Vanguard funds without a ticker symbol. BNDW's Fund ID is 3061, so on Google sheets, I'd use this to formula extract the price: =VALUE(REGEXEXTRACT(IFERROR(INDEX(IMPORTFEED("http://personal.vanguard.com/u...
by Lyrrad
Fri Jan 18, 2019 12:26 am
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 3839

Re: Are mega back door Roth contributions considered contributions?

I did an in-service rollover/conversion of my after-tax 401k monies to the Roth 401k (or, as Vanguard calls that basket of money, the "2018 Roth In-Plan Conversion." Will Vanguard be sending me a 1099-R for the earnings that were converted? Yes. I got a 1099-R for these conversions for 2017. For me...
by Lyrrad
Thu Jan 17, 2019 9:39 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 3839

Re: Are mega back door Roth contributions considered contributions?

We agree that the $1,000 that was earnings in the after-tax account gets taxed as it goes into Roth 401k. You think that money then joins up with earnings in the Roth 401k. I suppose it would have to be passed on as earnings into the Roth IRA. I think that the $1000 in earnings in after-tax becomes...
by Lyrrad
Thu Jan 17, 2019 12:09 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 3839

Re: Are mega back door Roth contributions considered contributions?

One thing that you may have overlooked, the things you quoted talk about a "qualified rollover from a designated Roth account". That word "qualified" is critical. https://www.irs.gov/retirement-plans/designated-roth-accounts-distributions "A qualified distribution from a designated Roth account is ...
by Lyrrad
Thu Jan 17, 2019 11:23 am
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 3839

Re: Are mega back door Roth contributions considered contributions?

Lyrrad, my brain is not nimble enough to follow what you are doing. I'm not even sure what your question is since it is not clear what part of your post you are referring to when you ask "Does this seem correct?" [...] A year later this has grown to $3,000 and you roll it all to Roth IRA. At that p...
by Lyrrad
Wed Jan 16, 2019 10:17 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1057
Views: 100576

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Health savings accounts and medical savings accounts. ...Employee contributions to their HSAs or MSAs through a payroll deduction plan must be included in wages and are subject to social security, Medicare, and FUTA taxes and income tax withholding... Do my HSA contributions have FUTA withheld? In ...
by Lyrrad
Wed Jan 16, 2019 9:16 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 3839

Re: Are mega back door Roth contributions considered contributions?

I tried to figure out what happened when one did two rollovers, first a conversion into a Roth 401k with some portion of the conversion taxed, and later roll the Roth 401k into a Roth IRA. I ended up a conclusion that seemed counter-intuitive, so I’d appreciate feedback on where may be an error belo...
by Lyrrad
Sun Jan 13, 2019 3:37 am
Forum: Personal Finance (Not Investing)
Topic: Please advice - HSA vs. PPO vs. EPO with baby due any day
Replies: 7
Views: 520

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

The best plan will depend on one's expected utilization. It can be helpful to see "best" and "worst" case out of pocket scenarios and consider under what circumstances one plan might end up worse than another: For example, based on the information in the first post: Best case (no utilization, only p...
by Lyrrad
Sat Jan 12, 2019 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128791

Re: Fidelity as a one stop shop

This has me very curious because the terms pretty clearly state a fee: Please note, there is a foreign transaction fee of one percent that is not waived, which will be included in the amount charged to your account. Have you either of you compared the exchange rate you got with the prevailing one o...
by Lyrrad
Sat Nov 10, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: 8-week t-bill debuts tomorrow 10/16
Replies: 6
Views: 1867

Re: 8-week t-bill debuts tomorrow 10/16

I hate 28 day bills mainly because the announcement is on Monday and the auction Tuesday giving you about 24 hours to place the order. Looks like the 2 month bill's announcement date is the same as 3 month bills (The friday before the auction) allowing me to place my order Friday->Monday. Note that...
by Lyrrad
Sat Oct 13, 2018 11:54 pm
Forum: Investing - Theory, News & General
Topic: Income Limits on IRA, 401k, and HSA Max Out?
Replies: 11
Views: 1666

Re: Income Limits on IRA, 401k, and HSA Max Out?

I wanted to circle back to say that I got it all set up. Note that these are calendar year limits, so if you have the financial flexibility, you can try to maximize your contributions for this year, even though you've started your job most of the way through the year. My understanding is that elect...
by Lyrrad
Sat Sep 29, 2018 12:46 am
Forum: Investing - Theory, News & General
Topic: Income Limits on IRA, 401k, and HSA Max Out?
Replies: 11
Views: 1666

Re: Income Limits on IRA, 401k, and HSA Max Out?

However, are there any limits for maxing out my 401k and traditional IRA for a total of $25,000 pre-tax? Can I go ahead and budget $28,500 from my annual salary to max out all these retirement accounts. Here's my understanding for 401(k) contribution restrictions for those that make a lot of money:...
by Lyrrad
Sat Aug 04, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: How does one become a financial advisor?
Replies: 34
Views: 2617

Re: How does one become a financial advisor?

Interestingly, in Canada, there’s a difference between a financial advisor and a financial adviser.

A financial adviser has a fiduciary duty towards their client (and is a regulated term), while a financial advisor is unregulated and doesn’t have any fiduciary duty.
by Lyrrad
Wed Aug 01, 2018 9:01 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 90393

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I'll be willing to try them out, and will be comparing their performance, liquidity, and tax-efficiency to Vanguard's. I already have accounts at both Vanguard and Fidelity. Vanguard's current Total Stock Market product has a better return and is more tax efficient than Fidelity. If I use it for ne...
by Lyrrad
Sat Jul 21, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Acceptable uses...New Financial Chromebook
Replies: 35
Views: 5501

Re: Acceptable uses...New Financial Chromebook

And you should be plugging this into the internet via an Ethernet port right? Or do chromebooks not have those? If not, you need to be doing all sorts of firmware updates to your WiFi router and considering whether you want it on the same network as everything else in your house, right? Most Chrome...
by Lyrrad
Thu Jul 19, 2018 9:54 pm
Forum: Investing - Theory, News & General
Topic: Acceptable uses...New Financial Chromebook
Replies: 35
Views: 5501

Re: Acceptable uses...New Financial Chromebook

I guess I don't get it. Chromebooks are known for being not susceptible to viruses. I'm not sure what this segregation buys you exactly. Two factor authentication would be more effective for security than two computers in my opinion. I use my Chromebook for just about everything I also do on my pho...
by Lyrrad
Sun Jul 01, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 238
Views: 45726

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Heads up. Google play is much cheaper than Amazon. I haven't used Google Play myself, but wanted to point this out. I also noticed it was cheaper on Google Play. I thought it was strange that the list price of the electronic edition differs: Retailer, Sale Price (List Price) Google Play $9.99 ($11....
by Lyrrad
Mon Jun 18, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: mega backdoor Roth -- why not stay in the roth 401(k)
Replies: 14
Views: 1530

Re: mega backdoor Roth -- why not stay in the roth 401(k)

So the advantage of doing this instead of rolling out to a Roth IRA is that I get the lower, institutional expense rate and also the ability to pull funds if I separate at age 55. Am I missing anything ? You also get the ability to roll it into another Roth 401k plan in the future. Roth IRA funds c...
by Lyrrad
Thu Jun 07, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard's own 401k plan eliminating S&P 500 Index option!
Replies: 86
Views: 9145

Re: Vanguard employees won’t have an S&P 500 index fund in their 401(k) plan

What are all the options within the Vanguard 401k plan offerings? That is the first question to ask. Vanguard's current plan options are publicly listed here . The current 28 funds (counting all target retirement funds as one) are all listed there. Their general 401k plan site is here . Edit: Based...
by Lyrrad
Wed May 16, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 125
Views: 18335

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

The after-tax contributions are rolled over to a Roth IRA tax-free and grow tax-free. Is this the Mega backdoor ? I am not familiar with it I must admit. If it is not the backdoor, please let me know how one would convert the after-tax contributions to a Roth IRA. Thanks Yeah, it's the Mega backdoo...
by Lyrrad
Tue May 15, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 125
Views: 18335

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

There are different 5 year rules for Roth contributions and Roth conversions. For contributions, the principle can be withdrawn anytime, only the earnings are subject to penalty prior to 5 years, as you stated. For conversions, even the principle is subject to the 5 year rule. I could be mistaken o...
by Lyrrad
Sat Jan 13, 2018 3:05 am
Forum: Investing - Theory, News & General
Topic: Convert to Roth IRA (After-tax 401K ==> Roth 401K ==> Roth IRA)
Replies: 9
Views: 1239

Re: Convert to Roth IRA (After-tax 401K ==> Roth 401K ==> Roth IRA)

However I do see one problem - just before I turn 70 1/2, if I need to convert chunk of ROTH 401k to ROTH IRA, should I first liquidate ROTH 401K and then move the money to ROTH IRA? If so, I think such thing is bad - losing market exposure of couple days. If you're concerned about that, if your pl...
by Lyrrad
Fri Jan 12, 2018 8:48 pm
Forum: Investing - Theory, News & General
Topic: Convert to Roth IRA (After-tax 401K ==> Roth 401K ==> Roth IRA)
Replies: 9
Views: 1239

Re: Convert to ROTH IRA (AFTER-TAX 401K ==> ROTH 401K ==> ROTH IRA)

Whether or not this can be done in service (while still employed) depends on the plan. See the summary plan description or contact the administrator to see if this can be done. With my employer's plan, this is allowed. However, I am keeping it in the 401K plan because the plan has funds with lower e...
by Lyrrad
Sun Dec 17, 2017 7:15 am
Forum: Investing - Theory, News & General
Topic: Best 401k Provider
Replies: 12
Views: 1877

Re: Best 401k Provider

The Mega-Corp I work for uses Vanguard as their provider. They seem to be able to negotiate better features in the plan over time. Administrative fees are low (~$01 administrative fees per year + expense ratios). Fund expenses seem to be consistently decreasing over time. All the target date funds h...
by Lyrrad
Mon Oct 09, 2017 7:44 pm
Forum: Investing - Theory, News & General
Topic: Is there a deadline to initiate a 401k distribution?
Replies: 11
Views: 1138

Re: Is there a deadline to initiate a 401k distribution?

Note that if your new job offers more generous matching and your old plan allows for corrective distributions of excess deferral, it may make sense to overcontribute to your elective contributions between both plans before rolling over. For example: Old Employer: No Match, but allows for corrective ...
by Lyrrad
Sat Aug 19, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: Best way to contribute to HSA
Replies: 4
Views: 1137

Re: Best way to contribute to HSA

HSAs contributions from a cafeteria plan (when deducted from your salary), aren't subject to Medicare and Social Security Taxes. In all cases, paycheck contributions will get you HSA funds for less cost. This should save you at least 1.45% on Medicare, and 6.2% on social security (if you make less t...