Search found 109 matches

by Lyrrad
Fri May 15, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8495

Re: Vanguard Mutual Fund Platform EOL

It is repeated for good reason. That option isn’t available to me. If I try to pick getting a check or sending to my bank account, the holdings are grayed out and cannot be changed. They are only available to check when I am set to reinvest or transfer to settlement. [removed image] Interesting, I ...
by Lyrrad
Wed Apr 08, 2020 12:13 am
Forum: Investing - Theory, News & General
Topic: CARES Rollover: “Bad” Plan to “Good” Plan
Replies: 11
Views: 1259

Re: CARES Rollover: “Bad” Plan to “Good” Plan

Bumping this as I am in the same situation. I have about $75,000 in a bad employer plan - American Funds with expenses of 1.5%. Has anyone done this yet? I think the plan has to change their rules to allow this. If correct, I'd assume a "bad" plan wouldn't go through the effort of facilitating this.
by Lyrrad
Sat Apr 04, 2020 7:50 pm
Forum: Investing - Theory, News & General
Topic: What's happening with Muni Money Market fund yields?
Replies: 141
Views: 12819

Re: What's happening with Muni Money Market fund yields?

In case anyone is interested in daily yields for Fidelity MMFs: https://institutional.fidelity.com/app/item/RD_13569_21709/cash-management-funds-pricing-and-performance.html?pos=T Interesting. You can even look up historical daily yields of funds here: https://institutional.fidelity.com/app/funds/h...
by Lyrrad
Fri Apr 03, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: Buying I-bonds now for EF but able to redeem within 1st year?
Replies: 10
Views: 852

Re: Buying I-bonds now for EF but able to redeem within 1st year?

Most states have a federal disaster declaration according to the FEMA site. However, it's unclear to me if these declarations allow for early redemption. TD has a press release site where disaster-related early redemptions have been announced in the past. Note that COVID-19 is not listed. I think on...
by Lyrrad
Mon Mar 30, 2020 8:07 pm
Forum: Investing - Theory, News & General
Topic: Who is buying I Bonds before May 1st?
Replies: 54
Views: 5509

Re: Who is buying I Bonds before May 1st?

For those of us still working/getting a paycheck. there is also a cash flow aspect to waiting until April 10th. Specifically, given all of the uncertainties with the economy as of late, and the one year lock up period, I’d rather have another paycheck in the bank just in case before locking up $20k...
by Lyrrad
Sat Mar 28, 2020 1:29 am
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

Withdraw 100k from your 401k, reason: you want to help charities harmed by coronavirus. That doesn’t seem to be one of the criteria defined in the law I think the reasons are clearly defined (which I quoted in a prior post). If one meets one of the criteria, I’m guessing most plans will accept a st...
by Lyrrad
Fri Mar 27, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

Here's the key: or other factors as determined by the Secretary of the Treasury (or the Secretary's delegate). Such as your dentist shut his doors for 2 months due to Corona, and you had to wait 4 months to have a cavity filled. Cavity got larger and now you need a 10k implant. I guess you were imp...
by Lyrrad
Fri Mar 27, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

How does one quality for this? Do you have to prove some kind of financial hardship caused by the Coronavirus? It seems to be defined in Sec 2202 of the bill, in subsection (a)(4)(A)(ii). (ii) to an individual— (I) who is diagnosed with the virus SARS–CoV–2 or with coronavirus disease 2019 (COVID–1...
by Lyrrad
Sun Mar 22, 2020 4:42 am
Forum: Investing - Theory, News & General
Topic: Understanding Bond ETF Discounts
Replies: 65
Views: 4170

Re: Understanding Bond ETF Discounts

If the ETF is trading at a discount to NAV on a day when you feel like selling, and if gates and redemption fees are not in effect, then you will get more money out of the mutual fund than you would have out of the ETF. Apparently, as much as 6.67% more in Vanguard Total Bond if you happened to pic...
by Lyrrad
Sat Mar 07, 2020 7:46 pm
Forum: Investing - Theory, News & General
Topic: Maximizing HSA Strategies
Replies: 65
Views: 3195

Re: Maximizing HSA Strategies

Yep. My HSA allows me to upload documents to each claim without reimbursing until I'm ready. So the paperwork isn't much more difficult than scanning bills one time, then linking them to the claim. Which HSA do you use that allows you to do this? All of them, I hope. My HSA administrator, Further, ...
by Lyrrad
Thu Mar 05, 2020 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

Re: Fidelity as a one stop shop

Thank you. I am trying to figure out how to update BoA Auto Bill Pay with Fido ACH numbers. Let me see if I need to add Fidelity as an external bank account. Billpay -> Manage Accounts -> Other Pay From Accounts Confusingly, BoA has two different credit card autopay mechanisms, and I think only one...
by Lyrrad
Sat Feb 22, 2020 5:32 pm
Forum: Investing - Theory, News & General
Topic: Why does VTEAX have a purchase fee?
Replies: 32
Views: 2174

Re: Why does VTEAX have a purchase fee?

What’s the average bid/ask spread for the ETF? Vanguard usually posts a summary of the bid-ask spread on their site here: https://advisors.vanguard.com/VGApp/iip/site/advisor/investments/bidaskspread . However, it's been broken for me for a few weeks. You can view the 30-day bid-ask spread on the i...
by Lyrrad
Tue Feb 18, 2020 7:48 pm
Forum: Personal Consumer Issues
Topic: Vanguard App
Replies: 16
Views: 1508

Re: Vanguard App

Both the iPhone and iPad app are experiencing the same problem for me. I’m able to log in with the Android app. It’s probably not related to one’s account, since deleting and reinstalling the iPad app, wiping the stored data, resulted in the same issue. I presume that the Vanguard servers are sendin...
by Lyrrad
Tue Feb 18, 2020 12:06 am
Forum: Investing - Theory, News & General
Topic: NY Times - "How Millennials Could Make the Fed’s Job Harder" FIRE mentioned 2/17/20
Replies: 64
Views: 6629

Re: NY Times - "How Millennials Could Make the Fed’s Job Harder" FIRE mentioned 2/17/20

While reading the article, it seemed to me that it was missing convincing statistics that could help determine if the premise (increased savings & lowered spending by millennials causing economic problems) is actually happening. I didn't think the evidence in the article provided supported the idea ...
by Lyrrad
Wed Feb 12, 2020 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 8995-A delayed until March 2020
Replies: 21
Views: 2821

Re: H&R Block 8995-A delayed until March 2020

TurboTax has also been pushing back the release date. I think they're waiting on the IRS to release the final Form 8995-A instructions, which still have not yet been released. The final instructions were posted yesterday on the IRS site. Presumably this means the form release dates won’t be pushed ...
by Lyrrad
Wed Feb 12, 2020 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 8995-A delayed until March 2020
Replies: 21
Views: 2821

Re: H&R Block 8995-A delayed until March 2020

prd1982 wrote:
Wed Feb 12, 2020 8:06 am

When I use H&R desktop, the 8995-A form doesn't indicate any QBI deduction. Since TaxAct got the same refund as H&R Block, are you sure you got the QBI deduction? It would be on line 10 of the 1040.
Yeah. I think both tax software filled out the form the same way.
by Lyrrad
Tue Feb 11, 2020 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 8995-A delayed until March 2020
Replies: 21
Views: 2821

Re: H&R Block 8995-A delayed until March 2020

TurboTax has also been pushing back the release date. I think they're waiting on the IRS to release the final Form 8995-A instructions, which still have not yet been released. I noticed that TaxAct listed the form as supported and I was able to (re-do) my taxes and efile this evening. It's slightly...
by Lyrrad
Tue Feb 11, 2020 11:12 pm
Forum: Investing - Theory, News & General
Topic: Total Stock Market Index - Section 199A dividends this year
Replies: 169
Views: 21141

Re: Total Stock Market Index - Section 199A dividends this year

I sat down today to do my taxes. All went fine until the very last step. I even had a nice refund coming. On the final review TurboTax Deluxe Desktop for Mac told me it only found one problem - I cannot submit my taxes because TurboTax is not yet ready with a necessary version update to handle the ...
by Lyrrad
Mon Feb 10, 2020 7:39 pm
Forum: Investing - Theory, News & General
Topic: Total Stock Market Index - Section 199A dividends this year
Replies: 169
Views: 21141

Re: Total Stock Market Index - Section 199A dividends this year

I sat down today to do my taxes. All went fine until the very last step. I even had a nice refund coming. On the final review TurboTax Deluxe Desktop for Mac told me it only found one problem - I cannot submit my taxes because TurboTax is not yet ready with a necessary version update to handle the ...
by Lyrrad
Sat Feb 08, 2020 10:10 pm
Forum: Investing - Theory, News & General
Topic: State of CA ending all but one index fund in Saving Plus Program
Replies: 8
Views: 1154

Re: State of CA ending all but one index fund in Saving Plus Program

Now that's a surprising statement! Wouldn't you want to rollover from a 457 into a Vanguard IRA to take advantage of lower fund expense ratios and far greater fund choices? I suppose I stated this in part because I haven't had much experience with high-cost 401k plans. My current mega-corp 401k pla...
by Lyrrad
Sat Feb 08, 2020 1:56 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 174
Views: 16034

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Mine worked this morning. Note you must be in the Quick Ticket mode (when I move to More Trade Selections a note on top lets me know that Quick Ticket mode has fractional shares). I am still not able to see this both in ios app and my laptop ---> " quick ticket mode" I will wait and check again on ...
by Lyrrad
Sat Feb 08, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: State of CA ending all but one index fund in Saving Plus Program
Replies: 8
Views: 1154

Re: State of CA ending all but one index fund in Saving Plus Program

From what I can tell, if you have more than $5000, you can invest all but $2500 in the self-managed portion of your plan. You will continue to have access to additional funds through the Schwab Personal Choice Retirement Account (PCRA) service, including index funds. Additionally, Schwab recently el...
by Lyrrad
Fri Feb 07, 2020 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 8995-A delayed until March 2020
Replies: 21
Views: 2821

Re: H&R Block 8995-A delayed until March 2020

TurboTax has also been pushing back the release date.

I think they're waiting on the IRS to release the final Form 8995-A instructions, which still have not yet been released.
by Lyrrad
Wed Feb 05, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 174
Views: 16034

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Last week I was able to place a fractional order from the Android app, but only when the market was closed. I tried again the following day when the market was closed and was unable to place another order. I haven’t been able to place a fractional order when the market was open or from the iOS or iP...
by Lyrrad
Thu Jan 02, 2020 1:58 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1065
Views: 118313

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]

To be on the safe side: I will return the unused/unopened items (over-the-counter), fund my HSA account on Thursday, and rebuy them on Friday 1/3. That seems safest. To answer your other questions, here's my understanding (I haven't done an HSA withdrawal yet): You can establish an HSA account with...
by Lyrrad
Thu Jan 02, 2020 1:30 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1065
Views: 118313

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]

I will contribute to my Fidelity HSA account now that I am enrolled in a HDHP. I have a $50 covered expense I incurred today 01-01-2020 that I would like to claim now (instead of years later). Have you established and funded any HSA account yet? From what I can tell, expenses from prior to the date...
by Lyrrad
Wed Dec 25, 2019 12:13 am
Forum: Investing - Theory, News & General
Topic: Full list of Vanguard ETFs that are cheaper than their index funds?
Replies: 53
Views: 6931

Re: Full list of Vanguard ETFs that are cheaper than their index funds?

In addition to the Sector Bond Index Funds having their expenses officially reduced last week, Vanguard has further reduced the expense ratios on several ETFs that were already less than their Admiral Fund equivalents. It appears the Mutual Funds did not have their expenses reduced. All were reduced...
by Lyrrad
Sat Dec 21, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: Full list of Vanguard ETFs that are cheaper than their index funds?
Replies: 53
Views: 6931

Re: Full list of Vanguard ETFs that are cheaper than their index funds?

I looked and hadn't seen any discussion of the impending expense changes for Vanguard's Sector Bond Index Funds*. Per the August 31, 2019 annual report released last month (PDF) , the ETFs for the bond index funds are likely going to have ERs of 3 bp vs 7 bp for the Admiral Shares (and 5 bp for the...
by Lyrrad
Mon Dec 09, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: Understanding bond fund purchase fees vs. how ETFs avoid them
Replies: 3
Views: 347

Re: Understanding bond fund purchase fees vs. how ETFs avoid them

Personally, I assume that the ETF share premium would disappear, and presumably turn into a discount from NAV if there are net redemptions and the AP would buy ETF shares from investors and redeem them for the underlying investments. It appears that there will soon be an announcement of a lower expe...
by Lyrrad
Sun Dec 08, 2019 2:10 am
Forum: US Chapters
Topic: Join the Wiki!
Replies: 79
Views: 77443

Re: Join the Wiki!

I’d like to get access to edit the Wiki.
by Lyrrad
Sat Nov 16, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

Re: Fidelity as a one stop shop

Would this setup work? Any issues with having 2 CMA’s both sweeping from the same brokerage? Would either of the debit cards for the 2 CMA accounts link to the brokerage in case I need to do an atm withdrawal from savings? That won't work. An account can provide self-funded overdraft for a single o...
by Lyrrad
Sat Nov 16, 2019 5:43 pm
Forum: Investing - Theory, News & General
Topic: Full list of Vanguard ETFs that are cheaper than their index funds?
Replies: 53
Views: 6931

Re: Full list of Vanguard ETFs that are cheaper than their index funds?

I looked and hadn't seen any discussion of the impending expense changes for Vanguard's Sector Bond Index Funds*. Per the August 31, 2019 annual report released last month (PDF) , the ETFs for the bond index funds are likely going to have ERs of 3 bp vs 7 bp for the Admiral Shares (and 5 bp for the...
by Lyrrad
Sat Oct 26, 2019 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

Re: Fidelity as a one stop shop

As for the person whose limit is $520, is it the CMA or brokerage account? And what level customer are you? My is CMA and I am a Private Client. Maybe it's higher for PC than regular customers? Or were you talking about Schwab? I am talking about Fidelity above. It’s Fidelity. I have the same limit...
by Lyrrad
Sat Oct 26, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

Re: Fidelity as a one stop shop

- Schwab appears to have a higher ATM limit (~$1000). I can’t seem to raise the Fidelity limit (~$500). Fidelity allows for multiple Cash Management accounts. For a long time, the ATM withdrawal limit for my Fidelity CMA ATM/debit card was $1,000. Recently I noticed that it has been raised to $1,02...
by Lyrrad
Mon Oct 21, 2019 1:17 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

Re: Fidelity as a one stop shop

The $500 daily limit is probably the only drawback I have found with my card. Interesting to know you can have multiple CMA's though; can they be tied to the same brokerage? I may make a 2nd one for DW instead of using a single joint one. I don’t think more than one CM account can be connected to a...
by Lyrrad
Sun Oct 20, 2019 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

Re: Fidelity as a one stop shop

How does it compare to Schwab? I keep a Schwab account purely for the international ATM feature. It charges absolutely no fees and the exchange rate always perfectly matched what google said was the current rate. If the Fidelity international ATM features are comparable then I’ll provably close the...
by Lyrrad
Wed Oct 09, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

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: 56
Views: 3611

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: 60
Views: 5143

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: 22
Views: 11366

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: 1584
Views: 217488

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: 1836

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: 1835

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: 1835

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: 1584
Views: 217488

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: 141
Views: 14282

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: 1584
Views: 217488

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: 1360

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: 2456

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: 2456

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...