Search found 7531 matches

by Duckie
Mon Sep 28, 2020 2:36 pm
Forum: Personal Investments
Topic: Portfolio check-in, with a few questions
Replies: 5
Views: 334

Re: Portfolio check-in, with a few questions

Is having 100% VTSAX in both my Roth IRA and Taxable account problematic? If you ever decide to sell in taxable for a loss and get dividends in the Roth IRA within the 61-day window (30 days before the sale, day of, 30 days after) you would have a wash sale . The way to avoid that is to hold someth...
by Duckie
Sun Sep 27, 2020 6:39 pm
Forum: Personal Investments
Topic: New to Vanguard
Replies: 5
Views: 630

Re: New to Vanguard

DaftJungle , welcome to the forum. We've known that RJ isn't the most cost effective solution so a short time ago we switched everything to Vanguard "in kind". You may pay a transaction fee ($20 per fund online) to sell these three funds: ANWPX, FKUSX, IGAAX. Since they are load funds I'm not sure ...
by Duckie
Sun Sep 27, 2020 5:56 pm
Forum: Personal Investments
Topic: Are 401(k) plans required to allow you to transfer out rolled over assets?
Replies: 15
Views: 969

Re: Are 401(k) plans required to allow you to transfer out rolled over assets?

So I'm thinking: 1) Rollover regular IRAs to bad-401k 2) Rollover non-deductible IRA gains to bad-401k 3) Convert non-deductible contributions to Roth IRA (backdoor roth) 4) Roll OUT #1 and #2 back to an IRA (waiting until the next tax year) Is this backdoor just a one-time thing or are you plannin...
by Duckie
Sat Sep 26, 2020 5:48 pm
Forum: Forum Issues and Administration
Topic: Private messages in Outbox
Replies: 8
Views: 1603

Re: Private messages in Outbox

userwithconcern wrote:Does deleting it from the outbox also make it so that the recipient will never see the message?
Yes.
by Duckie
Fri Sep 25, 2020 6:13 pm
Forum: Personal Investments
Topic: Should I make 2020 Roth IRA contributions, or wait? What have you done?
Replies: 10
Views: 992

Re: Should I make 2020 Roth IRA contributions, or wait? What have you done?

I do have a rollover IRA with Fidelity that contains both pretax and Roth. That can't be right. You are not allowed to roll Roth contributions into a traditional rollover IRA. Do you mean your rollover IRA contains both pre-tax and after-tax (non-Roth) contributions? Or do you mean you have two acc...
by Duckie
Sun Sep 20, 2020 5:13 pm
Forum: Personal Investments
Topic: Portfolio evaluation - looking to refinance mortgage and drop to 1 income
Replies: 3
Views: 531

Re: Portfolio evaluation - looking to refinance mortgage and drop to 1 income

Tax Rate: Federal 22% (2019) (24% 2018) State: 9% Australia: minimal amount tax for foreign holdings (they don’t tax non residents as US does) So is one partner a US citizen and the other not? Where are you currently living? If in the US what state? Age: Partner 1) 46; Partner 2) 49 Desired Asset a...
by Duckie
Sat Sep 19, 2020 8:43 pm
Forum: Personal Investments
Topic: Roth IRA funds - where to invest them
Replies: 14
Views: 1014

Re: Roth IRA funds - where to invest them

It was rolled over from a pension plan and I'm not sure exactly what it's tax status is. It's most likely 100% pre-tax unless some of your pension contributions were after-tax. Can I open a separate traditional IRA and do the Roth conversion trough it? That won't help. The IRS considers all non-Rot...
by Duckie
Sat Sep 19, 2020 8:34 pm
Forum: Personal Investments
Topic: PA/Philadelphia/NY/NYC tax Q - states and city
Replies: 4
Views: 774

Re: PA/Philadelphia/NY/NYC tax Q - states and city

For a Graduate Student, single, in Philadelphia, renting a place in Philadelphia all year, Where is your official residence? Which state issues your driver's license? Where do you vote? Students are not always residents of the state where they attend school. Q1) Will Income A will be allocated to N...
by Duckie
Wed Sep 16, 2020 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can ROTH Conversion prevent ROTH IRA Contribution
Replies: 13
Views: 634

Re: Can ROTH Conversion prevent ROTH IRA Contribution

My spouse and I contribute $7K each to Roth IRAs each year. Lets say our AGI is $150K. If we convert $100K of our traditional IRA to Roth, I guess that would put our MAGI at $250K. Does that conversion affect the $7K each that we contribute, because now our MAGI is greater than $206K ? No. There ar...
by Duckie
Wed Sep 16, 2020 5:21 pm
Forum: Personal Investments
Topic: Help with investment options - thanks
Replies: 2
Views: 272

Re: Help with investment options - thanks

Size of current total portfolio: just below mid-six figures Does that include the annuity? 401k with Fidelity xx% fund name (ticker symbol) (expense ratio) 19% Fidelity 500 Index Fund (FXAIX) (0.015%) 9% Fidelity Extended Market Index Fund (FSMAX) (0.036%) 8% Fidelity Global Ex-US Index Fund (FSGGX...
by Duckie
Wed Sep 16, 2020 4:32 pm
Forum: Personal Investments
Topic: Late 30s- Portfolio Review
Replies: 12
Views: 2404

Re: Late 30s- Portfolio Review

LillyA wrote:HSA: The funds available are all Vanguard, and are below. I think only VTAPX is a treasury fund.
Both VTAPX and VIPIX qualify.
by Duckie
Tue Sep 15, 2020 6:15 pm
Forum: Personal Investments
Topic: Late 30s- Portfolio Review
Replies: 12
Views: 2404

Re: Late 30s- Portfolio Review

Age: 39 Desired Asset allocation: 90% stocks / 10% bonds (I think? I'm currently 100% stocks in my 401k and HSA, but I'm aware I should address this, hence my question here) 10% bonds is a little light at your age but not unreasonable. Put them in your 401k. Desired International allocation: Not su...
by Duckie
Mon Sep 14, 2020 5:00 pm
Forum: Personal Investments
Topic: Help with Personal Investments
Replies: 4
Views: 628

Re: Help with Personal Investments

Timbus , welcome to the forum. I have my own business (LLC) as of 3 years ago and have not been paying myself or taking any distributions. Do you have a retirement plan for your business? Do you have employees? If no employees you should open a solo 401k at E*Trade and roll all three former 401k pl...
by Duckie
Sun Sep 13, 2020 6:19 pm
Forum: Personal Investments
Topic: Taxable Account: Recommended method to covert to 100% Vanguard Index Funds?
Replies: 13
Views: 845

Re: Taxable Account: Recommended method to covert to 100% Vanguard Index Funds?

There are fees for selling some non-Vanguard mutual funds at Vanguard. Vanguard Brokerage Services commission & fee schedules If the fund has a transaction fee it will NOT have NTF at the top left of the page and will have the fee listed under Fees & Minimums. For example, FXAIX (Fidelity 500 Index ...
by Duckie
Sat Sep 12, 2020 5:40 pm
Forum: Personal Investments
Topic: retirement/growth investment
Replies: 20
Views: 1660

Re: retirement/growth investment

I am planning on a ROTH IRA cause 1 I dont make alot of income 2. I doubt I can contribute more than 6k a year anyways so it makes sense. NOw if I buy ETFs via Brokerage account, and yet hold for years not sell - would I have to pay annual tax even though I didn sell? In a Roth IRA you don't pay ta...
by Duckie
Sat Sep 12, 2020 3:40 pm
Forum: Personal Investments
Topic: retirement/growth investment
Replies: 20
Views: 1660

Re: retirement/growth investment

Why would one go with an Index Fund then as opposed to its ETF alternative over a long period- showing some of the benefits of the ETF with time ? specially when vanguard also allows ETF reinvestment just like a mutual fund. Some people prefer the mutual funds because they can buy in dollar amounts...
by Duckie
Sat Sep 12, 2020 1:51 pm
Forum: Personal Investments
Topic: 457b and/or Roth through employer
Replies: 50
Views: 2112

Re: 403b and/or Roth through employer

Ok, so I found this info in my account, but not what prudential's fees are. I found all the funds and their expense ratios here . It depends on which plan you have. If you have the "New Jersey State Employees Deferred Compensation Plan" the best options are: Vanguard Institutional Index 0.04% -- La...
by Duckie
Fri Sep 11, 2020 5:37 pm
Forum: Personal Investments
Topic: Higher Expense Ratio Plan or Eliminate Backdoor Roth
Replies: 8
Views: 339

Re: Higher Expense Ratio Plan or Eliminate Backdoor Roth

$275k legacy 401(k) account that has to be moved in two weeks. Her current 401(k) is ran by John Hancock and the lowest cost option is a S&P 500 fund at 1.01% ER. Hence, she can either (1) roll legacy 401(k) into current high expense 401(k) or (2) roll into Traditional IRA and complicate/eliminate ...
by Duckie
Fri Sep 11, 2020 5:27 pm
Forum: Personal Consumer Issues
Topic: Neccesities for a Man Cave
Replies: 51
Views: 3456

Re: Neccesities for a Man Cave

Go with some sort of Murphy Bed, so it isn't the way 360 days/yr. Nice - maybe you can open up the space and not partition off a dedicated bedroom. Yeah, but then where will you go to get away when MIL visits? Seriously, if there is no separate bedroom the "Man Cave" will be unusable when anyone vi...
by Duckie
Fri Sep 11, 2020 5:22 pm
Forum: Personal Investments
Topic: Wash sale concerns with multiple accounts
Replies: 11
Views: 470

Re: Wash sale concerns with multiple accounts

So, you can hold multiple ones within Total Stock - VTO and VONE or NO because they are in the same Total Stock? I don't see VTO, but you can hold VTI in taxable #1, VONE in taxable #2, FSKAX in your Roth IRA, TIEIX in your 401k, etc. without having to worry about a potential wash-sale in my opinio...
by Duckie
Fri Sep 11, 2020 4:21 pm
Forum: Personal Investments
Topic: Wash sale concerns with multiple accounts
Replies: 11
Views: 470

Re: Wash sale concerns with multiple accounts

My confusion is if I have multiple accounts, is there a concern about wash sales? Yes. Can I get similar funds in a solo 401K or do I have to make sure they are very different to not have wash sale risk? The correct term is "substantially identical". Similar is not the same as substantially identic...
by Duckie
Fri Sep 11, 2020 3:55 pm
Forum: Personal Investments
Topic: 457b and/or Roth through employer
Replies: 50
Views: 2112

Re: 403b and/or Roth through employer

71GTO , welcome to the forum. I work for a state government and I am in a pension system. They offer deferred compensation plans that are managed by Prudential with automatic payroll deductions, Are these DCPs also known as a 457b? What state? What are the options/costs? You have an excellent DCP S...
by Duckie
Thu Sep 10, 2020 8:52 pm
Forum: Forum Issues and Administration
Topic: Amazon Rebate to Bogleheads
Replies: 6
Views: 1517

Re: Amazon Rebate to Bogleheads

I understand that if we make a purchase on the Amazon website via the link on the Bogleheads page, that Amazon provides a rebate to the Bogleheads. Can you share the amount of the rebate? Is it a flat amount, or a percentage of the purchase? Usually it's a percentage based on the product category. ...
by Duckie
Thu Sep 10, 2020 8:30 pm
Forum: Personal Investments
Topic: Portfolio Review - leaving the managed life behind
Replies: 20
Views: 1638

Re: Portfolio Review - leaving the managed life behind

I am planning on saving the HSA and using to pay medical expenses at some point during retirement. I see how the HSA can act as one part of the overall AA plan, but in that scenario I'm imagining that the increased growth due to rebalancing would be reaped by the other accounts (where the rebalanci...
by Duckie
Thu Sep 10, 2020 4:47 pm
Forum: Personal Investments
Topic: Portfolio Review - leaving the managed life behind
Replies: 20
Views: 1638

Re: Portfolio Review - leaving the managed life behind

I can allocate differently between the pre-tax and roth 401(k), so that works. That's great. That means you can put bonds in the pre-tax side and stocks in the Roth side. For an account like the HSA, where the use of the money is specialized and contributions are limited, does it make sense to have...
by Duckie
Thu Sep 10, 2020 4:14 pm
Forum: Personal Investments
Topic: Where should I start? (First post!)
Replies: 12
Views: 1272

Re: Where should I start? (First post!)

I'll transfer the asset "in kind" to Fidelity as you mentioned. I'm a bit confused about the cost basis, but I'm assuming this is for tax purposes if I sell all but FXAIX and FSMAX as you suggest. It's for tax purposes when you sell anything in taxable. I can get an average cost summary as I'm seei...
by Duckie
Wed Sep 09, 2020 6:21 pm
Forum: Personal Investments
Topic: Portfolio Review - leaving the managed life behind
Replies: 20
Views: 1638

Re: Portfolio Review - leaving the managed life behind

Age: Him 51, Her 44 Desired Asset allocation: 80% stocks / 20% bonds Desired International allocation: 20% of stocks That breaks down to 64% US stocks, 16% international stocks, and 20% bonds. Only 20% bonds at your ages is very aggressive. I'd be at 35% to 40% bonds. You have a mess of a portfolio...
by Duckie
Wed Sep 09, 2020 5:19 pm
Forum: Personal Investments
Topic: Where should I start? (First post!)
Replies: 12
Views: 1272

Re: Where should I start? (First post!)

I only hold Fidelity funds in my account: FXAIX, FSMAX, FXNAX, FNSOX, FIPDX, FZAXX. If you see any red flags with the funds I have feel free to mention them, but I'm more concerned with account fees. My thought is to transfer this brokerage account over to Fidelity since I have only Fidelity funds ...
by Duckie
Tue Sep 08, 2020 2:36 pm
Forum: Personal Investments
Topic: General Feedback - Just barely meeting all retirement accounts
Replies: 15
Views: 2384

Re: General Feedback - Just barely meeting all retirement accounts

Are there any major course corrections I should make? By holding VFIAX/VOO in taxable and in your other accounts you may trigger a wash sale if you sell in taxable for a loss. The way to avoid that is to hold something else in taxable (VTSAX/VTI or ITOT or SCHB) that is not "substantially identical...
by Duckie
Tue Sep 08, 2020 2:00 pm
Forum: Personal Investments
Topic: Portfolio review (with plan to purchase a house)
Replies: 3
Views: 350

Re: Portfolio review (with plan to purchase a house)

What are the non-BrokerageLink options? FID TOTAL MKT IDX (FSKAX) FID INTL INDEX (FSPSX) FID US BOND IDX (FXNAX) among others Given the standard options you don't need the BrokerageLink. Just use FSKAX, FSPSX, and FXNAX. Although since FSPSX is only developed markets, try to put most of your intern...
by Duckie
Mon Sep 07, 2020 5:23 pm
Forum: Personal Investments
Topic: Portfolio review (with plan to purchase a house)
Replies: 3
Views: 350

Re: Portafolio review (with plan to purchase a house)

https://i.imgur.com/2RRKlwv.png Do not put bonds in the Roth IRAs or taxable account. Put bonds in your pre-tax 401k plan. By putting VTSAX and VTIAX in both taxable and your Roth IRAs you are flirting with a wash sale . If you plan to Tax-Loss Harvest (TLH) you should hold something else in taxabl...
by Duckie
Mon Sep 07, 2020 4:29 pm
Forum: Personal Investments
Topic: Mimicking 3-fund portfolio with what's available: Please comment
Replies: 8
Views: 661

Re: Mimicking 3-fund portfolio with what's available: Please comment

Based on what's available, here's what we are considering doing and would like to run this by the forum for input. Mine (6 funds): >> 40% US Stock (approximating VTSAX) 32% -- VIIIX (Vanguard S&P 500 Idx) 8% -- VEMPX (Vanguard Ext Mkt Idx) >> 15% Intl. (approximating VTIAX, but a bit more aggressiv...
by Duckie
Sun Sep 06, 2020 6:33 pm
Forum: Personal Investments
Topic: First Portfolio Review
Replies: 4
Views: 670

Re: First Portfolio Review

derauqsdm , welcome to the forum. Fidelity Extra Account 1.1% Fidelity Growth Strategies Fund FDEGX ER 0.55% Why is this labeled "Extra"? Brokerage Account (difficulty with access to these when I tried this weekend to find ER) 0.2% BlackRock Commodity Strategies Fd Inst Shs BICSX 0.72% 1.5% BlackRo...
by Duckie
Sat Sep 05, 2020 7:21 pm
Forum: Personal Investments
Topic: Updated Portfolio Review
Replies: 10
Views: 769

Re: Updated Portfolio Review

Dumb Questions but using the Vanguard Taxable account VFIAX if I put $10,000 in now and it goes up to $11,000 by the end of the year that $1,000 gain would be added to my income taxes for the year? What happens if it losses? The taxable account is new to me! It depends on why it goes up to $11,000....
by Duckie
Sat Sep 05, 2020 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Checkwriting money market fund at Vanguard
Replies: 6
Views: 725

Re: Checkwriting money market fund at Vanguard

One of the upcoming changes to the Prime Money Market fund is the removal of checkwriting privileges. We write occasional checks from our Prime MM account, and want to keep that option. What MM funds at Vanguard would you recommend that have checkwriting? I recommend Federal Money Market. And assum...
by Duckie
Sat Sep 05, 2020 6:33 pm
Forum: Personal Consumer Issues
Topic: Reducing road noise that reaches back side of house
Replies: 43
Views: 2976

Re: Reducing road noise that reaches back side of house

Reducing road noise that reaches back side of house Foam earplugs. They're cheap, easy to use, and you can toss them when they get too grungy. The 7 Best Earplugs for Sleeping . Get a white noise machine that has a variety of sounds to choose from. That could work. Any make/model suggestions? Homed...
by Duckie
Sat Sep 05, 2020 5:50 pm
Forum: Personal Investments
Topic: Updated Portfolio Review
Replies: 10
Views: 769

Re: Updated Portfolio Review

Something like this; Vanguard Roth IRA ($45,000) 75% VTSAX Vanguard Total Stock Market Index Fund Admiral Shares 25% VTIAX Vanguard Total International Stock Index Fund Admiral Shares Work 401K ($55,000) 10% FTBRX Fidelity Advisor® Limited Term Bond Fund Class M 0.76% 90% MITHX MFS Massachusetts In...
by Duckie
Fri Sep 04, 2020 9:06 pm
Forum: Personal Investments
Topic: Switch employers - Transfer of old 401k to new employer
Replies: 29
Views: 1896

Re: Swith employers - Transfer of old 401k to new employer

Pl suggest if its better to rollover this amount to IRA or new employer's 401k. It depends on the options/costs in the new 401k. It also depends on whether you expect to exceed the Roth IRA income limits in the near future. WFC has a very archaic process for transferring funds to Vanguard. WFC will...
by Duckie
Fri Sep 04, 2020 8:11 pm
Forum: Personal Investments
Topic: How to transfer a Roth 401k into Roth IRA and taxes
Replies: 6
Views: 586

Re: How to transfer a Roth 401k into Roth IRA and taxes

Also I have about 1.5k in the normal 401k from company match. How do I deal with this money? You have three options. You could: Leave it in the old 401k. Roll it either directly into your Roth IRA or roll it to a Traditional IRA and then convert to your Roth IRA. Either way you would pay taxes on t...
by Duckie
Thu Sep 03, 2020 4:16 pm
Forum: Personal Investments
Topic: How to withdraw Roth IRA contribution at Fidelity (contribution only)?
Replies: 15
Views: 2035

Re: How to withdraw Roth IRA contribution at Fidelity (contribution only)?

The gross distribution should be listed on line 4a of Schedule CA(540). But the instructions you quoted above are for Column A which does not include line 4a and asks only for the federally taxable amount of the distribution (line 4b), which in this case is zero. Note: there is a difference between...
by Duckie
Tue Sep 01, 2020 5:45 pm
Forum: Personal Investments
Topic: 401K/IRA Fund Selection Help (used standard template)
Replies: 7
Views: 297

Re: 401K/IRA Fund Selection Help (used standard template)

ruralavalon wrote:Vanguard paper (March 2012), "Considerations for investing in non-U.S. equities", no longer available online.
It's archived at the Wayback Machine.
by Duckie
Tue Sep 01, 2020 3:34 pm
Forum: Personal Investments
Topic: New to Boglehead philosophies - need advice on portfolio
Replies: 15
Views: 1295

Re: New to Boglehead philosophies - need advice on portfolio

I’ve decided to officially earmark roughly half of our money in the taxable accounts as “for retirement.” Removing the rest from the portfolio percentages. This leaves us with: 7.71% Cash for a taxable account 9.55% - His 401k 66.71% - His Roth IRA 16.03% - Her Roth IRA 72% US stocks, 18% internati...
by Duckie
Mon Aug 31, 2020 5:07 pm
Forum: Personal Investments
Topic: Pre-fill kids' 529 now or hold off and keep the money more accessible?
Replies: 14
Views: 1222

Re: [Pre-fill kids' 529 now or hold off because college is deprioritized?]

eyepulp wrote:Business is healthy, emergency fund is stocked, 401k and an old IRA being contributed to fully.
You're married, just one IRA? Even if your spouse doesn't work s/he can contribute based on joint income.
by Duckie
Mon Aug 31, 2020 4:58 pm
Forum: Personal Investments
Topic: Help me Streamline IRAs - Multiple Roths, SEP, Trad
Replies: 28
Views: 1207

Re: Help me Streamline IRAs - Multiple Roths, SEP, Trad

Domadosolo wrote:Any other advice?
Is the SEP IRA from current self-employment? If so, do you have employees? If not, have you considered a solo 401k instead of a SEP IRA?
by Duckie
Mon Aug 31, 2020 4:50 pm
Forum: Personal Investments
Topic: 37yr Old - Advice on Retirement Funds & Changes to Make
Replies: 5
Views: 856

Re: 37yr Old - Advice on Retirement Funds & Changes to Make

mceagle555 , welcome to the forum. Annual investments $19,500 to pre-tax 401K (Mega-backdoor not available due to MAGI) What do you mean about the Mega backdoor Roth? Are you considered a highly compensated employee (HCE) at your job? Fidelity 403b - $164k FSCSX - 45% FSKAX - 40% FXNAX - 5% Not onl...
by Duckie
Sun Aug 30, 2020 10:12 pm
Forum: Personal Investments
Topic: New to Boglehead philosophies - need advice on portfolio
Replies: 15
Views: 1295

Re: New to Boglehead philosophies - need advice on portfolio

Given the compliance issue, transfer this Roth IRA to Fidelity. Sell VFIAX first. Can you elaborate on why we need to sell VFIAX before we transfer? You can sell at Vanguard without a transaction fee. Depending on where you transfer you may or may not pay a transaction fee to sell at the new custod...
by Duckie
Sun Aug 30, 2020 9:36 pm
Forum: Personal Investments
Topic: Help me understand RMDs on a Roth 457
Replies: 8
Views: 551

Re: Help me understand RMDs on a Roth 457

When I retire, can I just roll the Roth 457 over into my Roth IRA and avoid RMDs from the Roth 457 account entirely? Yes. If you can do this, why even have RMDs from the Roth 457? Because the rules for employer plans like 457b plans (whether Roth or pre-tax) are different from the rules for IRAs. I...
by Duckie
Sun Aug 30, 2020 6:24 pm
Forum: Personal Investments
Topic: New to Boglehead philosophies - need advice on portfolio
Replies: 15
Views: 1295

Re: New to Boglehead philosophies - need advice on portfolio

Age: 34, Husband 36 Desired Asset allocation: I think we want to go all in at 100% stocks, but very open to opinions. We have clearly taken a “set it and forget it” approach so far so I think we can mentally weather storms. At your ages I recommend at least 10% bonds. Desired International allocati...
by Duckie
Sun Aug 30, 2020 5:15 pm
Forum: Personal Investments
Topic: Asset allocation, complexities of targeting early retirement
Replies: 9
Views: 1090

Re: Asset allocation, complexities of targeting early retirement

octobersky , welcome to the forum. SEP IRA: $66,186.19 (Now acting as traditional IRA) <snip> Contributions New annual Contributions (assuming an S-Corp with a generous, IRS-safe salary) $49,500 401k Are these 401k contributions all pre-tax or are some Roth and/or after-tax? What brokerage is the s...
by Duckie
Sat Aug 29, 2020 6:18 pm
Forum: Personal Investments
Topic: traditional 401k vs roth 401k vs roth IRA vs traditional IRA and investing
Replies: 3
Views: 281

Re: traditional 401k vs roth 401k vs roth IRA vs traditional IRA and investing

I am above the ROTH IRA cutoff as an individual and family (age 41) and this cannot use the Roth IRA (thats what I have heard). But I have also heard of this "backdoor IRA" contribution when u are in the high income bracket. How does that work ? Since there are no upper income limits on either Trad...