Search found 6852 matches

by Duckie
Mon Nov 11, 2019 10:09 pm
Forum: Personal Investments
Topic: Portfolio adjustment help
Replies: 5
Views: 380

Re: Portfolio adjustment help

gndibot , welcome to the forum. Tax Filing Status: : Single, Married Filing Jointly 3 Dependent Children) I am assuming you are "Married Filing Jointly" and the "Single" is a typo. Age: 30, DW-32 Desired Asset allocation: 80% stocks / 20% bonds Desired International allocation: 30% of stocks This i...
by Duckie
Mon Nov 11, 2019 7:39 pm
Forum: Personal Investments
Topic: Need Help To Plan
Replies: 7
Views: 522

Re: Need Help To Plan

Emergency funds: None. I do have $100,000 In Savings account. Is there any reason this would NOT be considered your emergency fund? Age:His 38 yrs Her 34 Desired Asset allocation: Need advise. Need aggressive growth. At your ages I recommend 20% to 30% bonds. 20% would be aggressive. Desired Intern...
by Duckie
Mon Nov 11, 2019 7:08 pm
Forum: Personal Investments
Topic: Portfolio Review - Some Serious Changes Needed
Replies: 12
Views: 1500

Re: Portfolio Review - Some Serious Changes Needed

I'm now left with ~$24k in VMFXX and a small net capital loss. $6k of this will be deposited into the tIRA and converted to ROTH. Don't forget her TIRA/Roth IRA contribution. Am I correct to be keeping bonds in the 401k, Yes, but they would better in her 401k because of cost. buying $6k of VTSAX in...
by Duckie
Sun Nov 10, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth steps
Replies: 5
Views: 455

Re: Backdoor Roth steps

To convert the original $5,000 contribution to a Roth IRA without having to pay tax, these are the steps I plan to take in the last few months of 2019. Please let me know if you spot any problems. 1) Open a solo 401k with Fidelity. 2) Open a traditional IRA with Fidelity. 3) In the Vanguard IRA, ex...
by Duckie
Sun Nov 10, 2019 7:09 pm
Forum: Personal Investments
Topic: IRA to Roth conversion (backdoor Roth) Question and Advice
Replies: 4
Views: 257

Re: IRA to Roth conversion (backdoor Roth) Question and Advice

youngdoc87 wrote:Which scenario would be best?
I would choose #1. Convert the TIRA to a Roth IRA over three years. TSM is an excellent choice for a taxable account and, unless you really need the money, there is no reason to sell it. If you can afford to buy more, do so.
by Duckie
Sun Nov 10, 2019 7:02 pm
Forum: Personal Investments
Topic: Quick taxable portfolio review
Replies: 6
Views: 558

Re: Quick taxable portfolio review

WylieStan2 , welcome to the forum. Here is my taxable account info, I have about $1.5k invested in it, I am hoping to add a couple hundred (depending on my budget) each month but would like a review of my asset allocation before I commit more money. You have 13 ETFs in an account worth $1500. This ...
by Duckie
Sat Nov 09, 2019 9:47 pm
Forum: Personal Investments
Topic: Portfolio feedback for mid-30s (TIAA, Vanguard, and NYSDCP 457b options)
Replies: 4
Views: 473

Re: Portfolio feedback for mid-30s (TIAA, Vanguard, and NYSDCP 457b options)

Available funds ***TIAA*** The best options are: TIAA Access Vanguard 500 Index 0.14% -- Large caps, 80% of US stocks TIAA Access Vanguard Extended Market Index 0.16% -- Mid/small caps, 20% of US stocks TIAA Access International Equity Index 0.16% -- Developed markets, 75% of international stocks T...
by Duckie
Sat Nov 09, 2019 9:03 pm
Forum: Personal Investments
Topic: Starting to see some gray hairs (portfolio review)
Replies: 7
Views: 1242

Re: Starting to see some gray hairs (portfolio review)

The Disney stocks that she has are printed on certificates, how would we ever redeem these if she decides to do so? Where do we go, what do we do? I have never dealt with paper stocks and now that it’s all online not sure what to do. She could take them into a brick and mortar brokerage like Schwab...
by Duckie
Sat Nov 09, 2019 8:58 pm
Forum: Personal Investments
Topic: Roth IRA Issue
Replies: 6
Views: 829

Re: Roth IRA Issue

If one does not know how much magi will be, is it safe to just do backdoor roth all the time rather than regular? Yes, as long as you have no non-Roth IRAs with balances as of the end of the year. Some people forget they used the backdoor method early in the year and roll an employer plan into a TI...
by Duckie
Sat Nov 09, 2019 8:04 pm
Forum: Personal Investments
Topic: Need Help To Plan
Replies: 7
Views: 522

Re: Need Help To Plan

What I need is: We need a lot more information, but to get you started: What are the other venues that I should look for to invest for long term? Other accounts for long-term retirement purposes are: IRAs (either traditional or Roth ) HSAs if available Taxable accounts I also have a 5 yr old and ne...
by Duckie
Thu Nov 07, 2019 8:05 pm
Forum: Personal Investments
Topic: Portfolio review- 40, with 457(b) plan
Replies: 3
Views: 570

Re: Portfolio review- 40, with 457(b) plan

M633 , welcome to the forum. Desired Asset allocation: 90% equities / 10% bonds (?- open to change-see below) Desired International allocation: 30% of equities (? open to change) That breaks down to 63% US stocks, 27% international stocks, and 10% bonds. 10% bonds is really low for your ages. His R...
by Duckie
Wed Nov 06, 2019 7:07 pm
Forum: Personal Investments
Topic: 403(b) - Roth Option?
Replies: 4
Views: 284

Re: 403(b) - Roth Option?

Meowser wrote:In a few years, we expect to no longer qualify for Roth IRAs
Learn about the Backdoor Roth method.
by Duckie
Wed Nov 06, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone track their actual pension benefit start date?
Replies: 51
Views: 2877

Re: Anyone track their actual pension benefit start date?

In other words, the date your pension plan stops paying you back your own money and starts paying you money from the pension fund. It depends on the figuring. If I include only the amounts I paid into the pension plan it was used up in about five years. If I also include their growth estimates (exp...
by Duckie
Tue Nov 05, 2019 7:08 pm
Forum: Personal Investments
Topic: Help me negotiate a lump sum payout.
Replies: 11
Views: 1300

Re: Help me negotiate a lump sum payout.

BoulderTrojan wrote:I have received disability checks every month for the last 29 months. Soon The Hartford will send me a letter offering me a lump sum payout in lieu of the monthly payments they will be paying me for the next 8 years.
Are you required to take the lump sum or can you continue with the monthly checks?
by Duckie
Mon Nov 04, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on LLC Partnership Income
Replies: 6
Views: 501

Re: Tax on LLC Partnership Income

dddino , welcome to the forum. Are there any legal ways out there to defer tax on the LLC income into retirement. There are small business plans like SEP IRA, SIMPLE IRA, and solo 401k plans. Since you are maxing your 401k plans as the employEEs, the SIMPLE IRA would be unusable. Both the SEP IRA a...
by Duckie
Mon Nov 04, 2019 7:10 pm
Forum: Personal Investments
Topic: Traditional/Roth Contribution
Replies: 5
Views: 490

Re: Traditional/Roth Contribution

Can we convert these contributions to traditional? You cannot "convert" Roth IRA contributions into Traditional IRAs, but you can " recharacterize ". It will be as if the contributions went into the TIRAs all along. You call the Roth IRA custodian and have them handle the process. You will need TIR...
by Duckie
Mon Nov 04, 2019 6:32 pm
Forum: Personal Investments
Topic: 401k account administered by the state employee retirement system vs. The Schwab Personal Choice Retirement Account
Replies: 1
Views: 133

Re: 401k account administered by the state employee retirement system vs. The Schwab Personal Choice Retirement Account

Zuli.ny , welcome to the forum. Is it good idea to enroll in the Schwab account? Or should I keep investing in my state employee Taxasaver account? What are the risks? What are the questions that I should ask while making that decision? Questions to ask: What are the options and expense ratios in t...
by Duckie
Mon Nov 04, 2019 5:59 pm
Forum: Personal Investments
Topic: Investment portfolio
Replies: 10
Views: 921

Re: Investment portfolio

kteklinski , welcome to the forum. I live off a budget of $1200 a month and I save the remaining for future real estate investments while also investing the rest in index funds. I currently only use the VTSAX index fund on vanguard putting about $2-3,000 a month into it. Should I continue this stra...
by Duckie
Sat Nov 02, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Interest from loans
Replies: 19
Views: 1124

Re: Interest from loans

whodidntante wrote:Although the Internet is full of complaints about overzealous withholding of funds by Paypal. They even withheld the Bogleheads conference money.
PayPal withheld the conference money? How was that resolved?
by Duckie
Sat Nov 02, 2019 5:17 pm
Forum: Personal Investments
Topic: Converting traditional to Roth
Replies: 8
Views: 1200

Re: Converting traditional to Roth

Yes I did a backdoor IRA but had forgotten to do the switch right away after depositing the money in the traditional IRA.I knew I would be expected to pay taxes on my contribution but wasn’t sure how the 88c will be treated. Using the backdoor method your contribution is non-deductible and therefor...
by Duckie
Fri Nov 01, 2019 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Mistakenly Contributed to tIRA, When I Intended Roth IRA. Reversible?
Replies: 19
Views: 1488

Re: Mistakenly Contributed to tIRA, When I Intended Roth IRA. Reversible?

OK, did the rechar by phone, quickly/easily. Thanks once again to BH for this help - I was prepared to just live w/t mistake. You gave me the knowledge and confidence to easily correct it. Be aware that you will have to report this on your taxes. You will report you contributed to the TIRA and then...
by Duckie
Thu Oct 31, 2019 5:42 pm
Forum: Personal Consumer Issues
Topic: Halloween Candy - Favorites; Throw it in the Bag
Replies: 61
Views: 3226

Re: Halloween Candy - Favorites; Throw it in the Bag

ResearchMed wrote:That also means none of the rice-krispies & marshmallow bars (or whatever those were made from).
You can buy the individually packaged Rice Krispies bars at the grocery store. They're chewy and taste good.
by Duckie
Wed Oct 30, 2019 6:33 pm
Forum: Personal Investments
Topic: Investment Allocation
Replies: 3
Views: 539

Re: Investment Allocation

Age: 30 Desired Asset allocation: xx% stocks / xx% bonds (Unsure what allocation) I would start with 80% stocks and 20% bonds. Desired International allocation: xx% of stocks (Also unsure) I would start with 30% of stocks in international. That breaks down to 56% US stocks, 24% international stocks...
by Duckie
Mon Oct 28, 2019 6:03 pm
Forum: Personal Investments
Topic: Portfolio help and guidance
Replies: 5
Views: 448

Re: Portfolio help and guidance

Ages: Her 36; Him 41 <snip> I was leaning towards a 85/15 split between stocks/bonds 15% bonds is very aggressive for your ages. I recommend 30% bonds. Taxable VFIAX (s/p 500)- 4K VTIVX (Target date retirement)- 4K Target-date funds do not belong in taxable because of the taxable bond portion. I401...
by Duckie
Mon Oct 28, 2019 5:25 pm
Forum: Personal Investments
Topic: Portfolio Review - Some Serious Changes Needed
Replies: 12
Views: 1500

Re: Portfolio Review - Some Serious Changes Needed

Regarding her 401k - here are the fund choices: The best options in her 401k are: VANG INST INDEX PLUS (VIIIX) 0.02% -- Large caps, 80% of US stocks FID MID CAP INDEX (FSMDX) 0.03% -- Mid caps, 6% of US stocks FID SM CAP INDEX (FSSNX) 0.03% -- Small caps, 14% of US stocks SS W EX US INDEX 0.06% -- ...
by Duckie
Sun Oct 27, 2019 8:23 pm
Forum: Personal Investments
Topic: Questions on employer 401(K) options
Replies: 13
Views: 777

Re: Questions on employer 401(K) options

[A] friend of mine suggested that I could potentially mimic that using a combination of FSKAX, VTBNX, and VTSNX for a lower overall expense. The only issue is there is no international bond and small/mid cap funds to completely mimic the TR trust. FSKAX is a total market fund and already holds the ...
by Duckie
Sun Oct 27, 2019 7:00 pm
Forum: Personal Investments
Topic: Please Advise on Retirement Portfolio
Replies: 20
Views: 2198

Re: Please Advise on Retirement Portfolio

Roth IRA (her): $155,000 Fidelity Total Bond 20% Fidelity 500 Index 58% Fidelity US Bond Index 22% In general it's better to put assets with higher expected growth (stocks) in Roth accounts and assets with lower expected growth (bonds) in pre-tax accounts. That's because you've already paid the tax...
by Duckie
Sat Oct 26, 2019 5:55 pm
Forum: Personal Investments
Topic: Portfolio and personal Investment help
Replies: 6
Views: 759

Re: Portfolio and personal Investment help

steffiwags , welcome to the forum. Age: 33 (both) Desired Asset allocation: 70% stocks / 30% bonds This is reasonable. Desired International allocation: xx% of stocks Should we include these? I honestly have no knowledge about this You don't have to have international if you don't want it, but it d...
by Duckie
Fri Oct 25, 2019 9:49 pm
Forum: Personal Investments
Topic: Widowed and scared to let go of investment advisor
Replies: 27
Views: 3004

Re: Widowed and scared to let go of investment advisor

I have the following options in my 401K: Find out and post the Empower 401k plan expense ratios for the following: Vanguard Institutional Index VINIX -- Large caps, 80% of US stocks Vanguard Small Cap Index VSCIX -- Small caps, 14% of US stocks Vanguard Total Intl Stock Index VTIAX -- Complete inte...
by Duckie
Fri Oct 25, 2019 9:03 pm
Forum: Personal Investments
Topic: Portfolio Review - Some Serious Changes Needed
Replies: 12
Views: 1500

Re: Portfolio Review - Some Serious Changes Needed

Ages: 32/31, 1 infant Desired Asset allocation: 85% stocks / 15% bonds A little low on bonds for your ages, but not outlandish. Desired International allocation: 15% of stocks Low, but reasonable. It breaks down to 72% US stocks, 13% international stocks, and 15% bonds. Funds Available: The only tw...
by Duckie
Fri Oct 25, 2019 8:38 pm
Forum: Personal Investments
Topic: Widowed and scared to let go of investment advisor
Replies: 27
Views: 3004

Re: Widowed and scared to let go of investment advisor

Age: 45 Desired Asset allocation: 65% stocks / 35% bonds (open to input here!) This is reasonable. Desired International allocation: 30% of stocks (open to input here!) This is reasonable. It breaks down to 45% US stocks, 20% international stocks, and 35% bonds. Current retirement assets Right now ...
by Duckie
Wed Oct 23, 2019 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Not Reinvesting Dividends and Cap Gains
Replies: 7
Views: 875

Re: Not Reinvesting Dividends and Cap Gains

I sometimes see the advice that in retirement one should stop reinvesting dividends and capital gains. Does this advice apply to taxable accounts only? Usually this only applies to taxable and it's not that you stop reinvesting but that you don't automatically reinvest. And what is the rationale? W...
by Duckie
Wed Oct 23, 2019 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard checking -- Use it or lose it
Replies: 71
Views: 5397

Re: Vanguard checking -- Use it or lose it

I get no email if I write a paper check and it gets cashed. Most of my emails from Vanguard do not include dollar amounts. Any suggestion how I can turn on the emails you mention? When logged in go to My Accounts >> Account maintenance >> Alerts >> Sign up for checkwriting alerts. Read the details ...
by Duckie
Wed Oct 23, 2019 5:50 pm
Forum: Investing - Theory, News & General
Topic: Funds Missing from Vanguard Funds List
Replies: 16
Views: 1986

Re: Global ex-U.S. RE Missing from Funds List

Has anyone else noticed that Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) is missing from the Vanguard mutual fund list <snip> Any recommendations on adjustments in filtering to get it to show up would be appreciated. Under " Fees & Minimums " VGRLX shows nothing under "Ini...
by Duckie
Tue Oct 22, 2019 8:59 pm
Forum: Personal Investments
Topic: Portfolio Feedback/Advice?
Replies: 14
Views: 701

Re: Portfolio Feedback/Advice?

FAR15 wrote:Upon selling bond MFs to rebalance, is there any need to ensure that I've complied with time bond maturation time windows?
No. You're selling shares of the fund, not the individual bonds, so the maturities don't matter.
by Duckie
Tue Oct 22, 2019 6:53 pm
Forum: Personal Investments
Topic: Need some proof reading on my Roth IRA back door plan. My first time.
Replies: 10
Views: 732

Re: Need some proof reading on my Roth IRA back door plan. My first time.

We would need to make post-tax contributions to an IRA, open a Roth at Vanguard, and xfer those post-tax $ to the Roth. The correct terminology is to make non-deductible contributions to a TIRA and covert them to the Roth IRA. After the previous point (7), we could then contribute post-tax $, to ou...
by Duckie
Tue Oct 22, 2019 6:14 pm
Forum: Personal Investments
Topic: Portfolio Feedback/Advice?
Replies: 14
Views: 701

Re: Portfolio Feedback/Advice?

1. Please critique my retirement accounts’ asset allocation, and any rebalancing advice. 2. Please critique asset allocation in small taxable account to which we’re no longer contributing. Unknown when we’d wish to access these funds; it may be several years. Recommendations to make more tax effici...
by Duckie
Mon Oct 21, 2019 6:45 pm
Forum: Personal Investments
Topic: Changing 2019 Traditional IRA Contributions to Roth IRA Contributions
Replies: 8
Views: 481

Re: Changing 2019 Traditional IRA Contributions to Roth IRA Contributions

For an IRA recharacterized before the end of the year, why would a statement need to be made on the 1040? Why? Because the IRS says so. The statement is specifically mentioned on the instructions for Form 8606. Maybe the custodian reports it to the IRS and if you don't file the statement there is a...
by Duckie
Mon Oct 21, 2019 6:29 pm
Forum: Investing - Theory, News & General
Topic: Individual 1099 Employee ??s - i401k, Roth i410k, HSA, Dependent FSA, etc
Replies: 8
Views: 585

Re: Individual 1099 Employee ??s - i401k, Roth i410k, HSA, Dependent FSA, etc

Setup individual 401k, add first $19k as Roth 401k, and remainder $38k as regular 401k (57k max 2020 employee/employer). Best Broker/does Fidelity still not have Roth i401k? Fidelity does not offer a Roth solo 401k option and Vanguard does not allow incoming rollovers (which could be useful in a Ba...
by Duckie
Mon Oct 21, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Trip insurance - purchase through orbitz.com or outside?
Replies: 16
Views: 1004

Re: Trip insurance - purchase through orbitz.com or outside?

new2bogle wrote:As another question, does it matter much if the trip insurance medical coverage is primary or secondary?
It matters if you end up in the hospital and have to pay the entire bill before they will release you.
by Duckie
Mon Oct 21, 2019 5:50 pm
Forum: Personal Investments
Topic: Changing 2019 Traditional IRA Contributions to Roth IRA Contributions
Replies: 8
Views: 481

Re: Changing 2019 Traditional IRA Contributions to Roth IRA Contributions

I've had a Traditional IRA for the past 3 years with Vanguard. I have decided the best route for me as of now is to have my retirement contributions go to a Roth IRA with Vanguard instead. Having never done that I am unsure of the mechanics on how I should go about it. I tried the "convert to Roth ...
by Duckie
Mon Oct 21, 2019 5:30 pm
Forum: Personal Investments
Topic: Full-time to Contractor - What to do with 401K and HSA?
Replies: 7
Views: 503

Re: Full-time to Contractor - What to do with 401K and HSA?

My wife moved from being a full-time employee with 401K and HSA to a contractor with no benefits. What should we do with her 401K and HSA with previous employer? What factors should we look at before making a decision? If she is a sole-proprietor with no employees she can open a solo 401k and roll ...
by Duckie
Mon Oct 21, 2019 5:06 pm
Forum: Personal Investments
Topic: Trad IRA & Mega Back Door Roth?
Replies: 17
Views: 1078

Re: Trad IRA & Mega Back Door Roth?

Apparently my 401k plan offers an automatic conversion from the after-tax 401k directly into the Roth Mega Back Door if I turn that functionality on. Just to confirm, does your plan allow you to automatically roll the after-tax amounts out of the plan into a Roth IRA? Or do you mean you can roll th...
by Duckie
Sun Oct 20, 2019 6:58 pm
Forum: Personal Investments
Topic: Investment Questions
Replies: 10
Views: 1010

Re: Investment Questions

Does it make sense to hold all bonds in our 401K accounts while there is room? Yes. Should we split our bonds between the 401K and our taxable account? No. Not unless you run out of room. Municipal bonds in a taxable account I believe have a similar return rate with taxes considered, and would prov...
by Duckie
Sat Oct 19, 2019 5:32 pm
Forum: Personal Investments
Topic: Investment Choices in Fidelity 401(k)
Replies: 18
Views: 1718

Re: Investment Choices in Fidelity 401(k)

I am opening a Roth IRA with fidelity where my 401k is also present. I am planning to distribute the 6K as follows. Does this look fine ? 4K - FSKAX (0.015 ER) 2K - FSGGX (0.055 ER) It's okay. As mentioned above, FTIHX is a better option for international at Fidelity. However, I would put all bonds...
by Duckie
Fri Oct 18, 2019 9:38 pm
Forum: Personal Investments
Topic: Portfolio suggestions
Replies: 6
Views: 570

Re: Portfolio suggestions

stevebert2714 wrote:The expense ratio in the bond fund is 0.11%. I feel this is a bit on the high end. Agree?
No. It is reasonable, especially in an employer plan. It just seems high because most of your other listed options are 0.04% and below. However, you seem to have no problem with Wellington which is 0.17%.
by Duckie
Fri Oct 18, 2019 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much able to contribute to Solo 401k or SEP for a small side-hustle?
Replies: 5
Views: 430

Re: How much able to contribute to Solo 401k or SEP for a small side-hustle?

If someone has a W-2 job with a 401k and maxes out their elective deferral (19k), and this person also has a side hustle (independent contractor with no employees) that generates about $10K/year and would like to save more in a tax-sheltered environment, can they: 1. Open up either a solo 401k or S...
by Duckie
Fri Oct 18, 2019 6:18 pm
Forum: Personal Investments
Topic: Portfolio suggestions
Replies: 6
Views: 570

Re: Portfolio suggestions

Thank you for the suggestions. Would you just buy FSKAX in Roth IRA or VTI? I prefer funds to ETFs so if the Roth IRA is at Fidelity I would buy FSKAX. Additionally, would you buy at once or dollar cost average? I would buy at once. Only 2 bond funds in 401(k) 1) BlackRock 1-3 Year Govt Bond Index ...
by Duckie
Fri Oct 18, 2019 5:57 pm
Forum: Personal Investments
Topic: Trad IRA & Mega Back Door Roth?
Replies: 17
Views: 1078

Re: Trad IRA & Mega Back Door Roth?

Can somebody explain in simple terms how a Traditional IRA can complicate using a Mega Back Door Roth via after-tax contributions to my 401k? If you roll your 401k after-tax account directly into a Roth IRA (or into a Roth 401k) there is no problem with your existing TIRA. If, however, you roll you...
by Duckie
Thu Oct 17, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay FICA taxes manually
Replies: 4
Views: 411

Re: how to pay FICA taxes manually

feh wrote:So, it's the same IRS web site and payment process? Just increase the amount paid for FICA?
Yes. You'll need to file Schedule SE to figure your self-employment taxes (aka FICA).