Search found 5717 matches

by Duckie
Tue Jul 17, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Assistance Needed with Moving SIMPLE IRA
Replies: 6
Views: 170

Re: Assistance Needed with Moving SIMPLE IRA

Would I be able to add in an additional $1K to "fill-up" the Roth for year, or would that overly complicate the tax situation? This would be a rollover not a contribution, and would not be part of the $5500 contribution limit. So if you haven't already contributed to a personal IRA for 2018 you can...
by Duckie
Tue Jul 17, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth questions. ??
Replies: 6
Views: 390

Re: Backdoor Roth questions. ??

I have three Ira acts with td. Two Roths which were converted some years ago when I was able to and/or there was no salary level... my third is trad Ira all contributions post tax and non deductible. I own some equities in it so I presume I will need to pay tax on ? Anything over basis ? Yes, you'l...
by Duckie
Tue Jul 17, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Assistance Needed with Moving SIMPLE IRA
Replies: 6
Views: 170

Re: Assistance Needed with Moving SIMPLE IRA

Bonkie , welcome to the forum, Does this sound right? It doesn’t make sense to me that J.P. Morgan has the account, but is unable to figure out how to liquidate it, but I was getting nowhere with the representative. You could try calling back. Maybe a different rep would give a different answer. Ca...
by Duckie
Tue Jul 17, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Starting my investment
Replies: 9
Views: 252

Re: Starting my investment

Vlvthamr , welcome to the forum. I’ve also settled with the insurance company on my workers compensation claim. The payment was for $215,000 with $30,000 going to my lawyer leaving me with $185,000. Is any of the settlement taxable? It says to use my age, 44, as the percentage of bond funds to buy ...
by Duckie
Tue Jul 17, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Rearranging my investments at age 30. How to handle old 403(b), new taxable account, heavy CD ladder asset?
Replies: 3
Views: 399

Re: Beginner looking for portfolio advice / critique!

$24.5k Roth to 401(k) via mega backdoor Just to be clear, are you contributing $24.5K to your after-tax 401k sub-account and converting it in-plan to your Roth 401k? Or are you rolling it to a Roth IRA? First I'll mention that the 44.90% allocation to a CD ladder is a gift I received under the cond...
by Duckie
Tue Jul 17, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: brokerage account conversion
Replies: 34
Views: 3382

Re: brokerage account conversion

What would you recommend choosing from the employer sponsored accounts below for my wife's 401a and 403b? VTSMX and VBMFX are amongst the offerings. You don't have Admiral Shares but you do have Institutional Shares in addition to Investor Shares. The best options (although she'll end up using just...
by Duckie
Mon Jul 16, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: 30K Spare Cash
Replies: 19
Views: 3486

Re: 30K Spare Cash

In this case scenario, based on tax efficiency strategies, I want to focus ex-US and bonds in tax-advantaged accounts right? You didn't mention any taxable accounts so I thought all you had were tax-advantaged accounts. I focused on international stocks and US bonds in the 401k because the 500 Inde...
by Duckie
Mon Jul 16, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking help for investment allocation
Replies: 5
Views: 448

Re: Seeking help for investment allocation

By tax-sheltered, do you mean tax-free like my Roth or tax-deferred like my traditional IRA or 401k? All three are tax-sheltered. So in your opinion, I should put 30% bonds in my traditional/rollover IRA and then my other stocks in Roth and taxable accounts? Put bonds and stocks in pre-tax accounts...
by Duckie
Mon Jul 16, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: 30K Spare Cash
Replies: 19
Views: 3486

Re: 30K Spare Cash

Until my 401K reaches $18.5K (currently at ~$1k) do I invest it in the same breakout and wait? I'd probably make the 401k contributions 50% Ex-US and 50% US bonds until you get near the $18.5K limit, then rebalance. The 500 Index can wait. Out of curiosity, could you explain this logic? 6 months do...
by Duckie
Sun Jul 15, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking help for investment allocation
Replies: 5
Views: 448

Re: Seeking help for investment allocation

bakerjin , welcome to the forum. I used to have everything under Vanguard, but currently the majority of my accounts are in Fidelity since that is what my adviser uses to manage my accounts. Should I move them back to Vanguard or just leave them in Fidelity? Fidelity is fine. I have a small pension...
by Duckie
Sat Jul 14, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Thrift Savings Plan Loan Help/Withdrawl/Tax
Replies: 9
Views: 644

Re: Thrift Savings Plan Loan Help/Withdrawl/Tax

mattod122 wrote:I am contemplating leaving federal service and in doing so will need to repay a home loan that was taken from my TSP within 90 days.
<snip>
What would you do in this situation?
Not leave.
by Duckie
Sat Jul 14, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Selecting retirement plan provider (TIAA/Fidelity/ICME) and supplemental plan (403b/457b)
Replies: 6
Views: 458

Re: Selecting retirement plan provider (TIAA/Fidelity/ICME) and supplemental plan (403b/457b)

It seems like the 457(b) options are all designed as pre-assembled portfolios. I will look at which ones match my optimal asset allocation, but if you have suggestions for what to focus on, please let me know! The target-date funds are at the top of the page. If you scroll down far enough you get t...
by Duckie
Fri Jul 13, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Selecting retirement plan provider (TIAA/Fidelity/ICME) and supplemental plan (403b/457b)
Replies: 6
Views: 458

Re: Selecting retirement plan provider (TIAA/Fidelity/ICME) and supplemental plan (403b/457b)

Age: 29 "Desired" Asset allocation: 80% stocks / 20% bonds (Vanguard calculator); 72% / 28% (age in bonds formula); 82% / 18% (110 minus age formula); 92% / 8% (120 minus age formula) At your age 80% stocks and 20% bonds is a decent starting point. Desired International allocation: ?% of stocks Van...
by Duckie
Thu Jul 12, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3238

Re: Like Lifestrategy Funds but???

So is a neutral view on international bonds enough to prevent one from buying LS? No. I am not a fan of international bonds and would not buy the individual fund, but my dislike of them would not stop me from using LifeStrategy or Target Retirement funds if I wanted a simple balanced fund. So even ...
by Duckie
Wed Jul 11, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Full Review
Replies: 5
Views: 681

Re: Full Review

Age: Both 28 Desired Asset allocation: 90% stocks / 10% bonds Desired International allocation: 20-30% of stocks This is reasonable. I'd probably have more bonds, maybe 20%. Do you agree that I should hold my bonds in my 403B? Yes. It's not optimal because she has cheaper bond options in her 403b, ...
by Duckie
Tue Jul 10, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: 401k rollover and backdoor roth
Replies: 8
Views: 458

Re: 401k rollover and backdoor roth

blackwhisker , welcome to the forum. some posts mentioned one of the disadvantages of rollover 401k to an ira is that it will negatively impact back door roth conversion. i don't think i understand this part. if i rollover my 401k to an ira, should i still be able to convert that regular ira to a r...
by Duckie
Tue Jul 10, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Avoided Ameriprise thanks to this forum! Now what??
Replies: 11
Views: 1271

Re: Avoided Ameriprise thanks to this forum! Now what??

Her 401k at Empower The best options are: BlackRock Equity Index 0.02 -- Large caps, 80% of US stocks PTTRX PIMCO Total Return 0.51 -- US bonds I'd go with just Equity Index in this account. His 401k at TA These are all good options but you don't list a US large cap fund. You must have one. Check a...
by Duckie
Mon Jul 09, 2018 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Question on after-tax 401k
Replies: 10
Views: 597

Re: Question on after-tax 401k

Is the IRS limit of 55K for retirement plans for per employer or for all employers. It's per unrelated employer. I read some relevant posts on bogleheads forum (e.g https://www.bogleheads.org/forum/viewtopic.php?t=238628) but couldn't decipher a clear answer. Spirit Rider is the expert. Go with wha...
by Duckie
Mon Jul 09, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Avoided Ameriprise thanks to this forum! Now what??
Replies: 11
Views: 1271

Re: Avoided Ameriprise thanks to this forum! Now what??

Should we just sell all positions in our various retirement accounts and start fresh with a three fund approach? Yes. Which funds would you recommend, and at what asset allocation? I recommend the Three-fund portfolio . At Fidelity that would be: ( FSTVX ) Fidelity Total Market Index Fund Premium C...
by Duckie
Mon Jul 09, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do with my taxable account?
Replies: 9
Views: 1841

Re: What should I do with my taxable account?

What should I put in taxable account? Considering putting exclusively bonds to try to balance our portfolio to more 15% bonds (we seem a little stock heavy but that sounds controversial Put stocks in your taxable account. Put bonds in tax-sheltered. If I can't or shouldn't put only bonds in taxable...
by Duckie
Mon Jul 09, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice & Simplification
Replies: 1
Views: 157

Re: Portfolio Advice & Simplification

Taxable (inherited) 3.7% - Oakmark International (OAKIX) (1.38%) 1.6% - American Balanced Class A (ABALX) (0.57%) 3.3% - Capital World Growth and Income Class A (CWGIX)(0.77%) 3.9% - The Growth Fund of America Class A (AGTHX) (0.64%) 2.0% - The Growth Fund of America Class F1 (GFAFX) (0.7%) 2.6% - ...
by Duckie
Mon Jul 09, 2018 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: When asking advice
Replies: 11
Views: 1595

Re: When asking advice

We want all available options. If you have hundreds of options then you can limit your list to the cheapest ones, otherwise list them all.
by Duckie
Sun Jul 08, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Positioning portfolio for house purchase
Replies: 5
Views: 411

Re: Positioning portfolio for house purchase

Should I consider this $80k as part of my current asset allocation, given that I know I am going to liquidate it in the near future? No. It is not part of your retirement portfolio and is not considered when figuring your retirement portfolio AA. The $50K emergency fund is not part of your retireme...
by Duckie
Sat Jul 07, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: New 403b options. What to use?
Replies: 8
Views: 397

Re: New 403b options. What to use?

Should I just stick with the Large and Small cap indexes? Yes. Either 85/15 large/small or 100% large. What do you think of the bond fund? Principal Bond and Mortgage Securities Fund R3 Class is now known as Principal Core Plus Bond Fund R3 Class . It's a decent intermediate-term US bond fund and i...
by Duckie
Fri Jul 06, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Do I start with an IRA? Feeling a bit overwhelmed
Replies: 14
Views: 922

Re: Do I start with an IRA? Feeling a bit overwhelmed

I updated my original post with the available 401k options. Without knowing the plan expense ratios (edit your post and add them) these appear to be the best options: VANGUARD 500 INDEX ADMIRAL VFIAX -- Large caps, 80% of US stocks VANGUARD TOTAL INTL STOCK INDEX ADMIRAL VTIAX -- Complete internati...
by Duckie
Fri Jul 06, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: New job. Old 403b and Roth IRA
Replies: 6
Views: 396

Re: New job. Old 403b and Roth IRA

arensin , welcome to the forum. I am about to start a new job with its own 403b 457 and 401a plans with fidelity. However I have about 30k in a Roth IRA with Edward Jones and the same in an outside 403b through vanguard. I appreciate simplicity. Is it possible and or wise to roll these over into fi...
by Duckie
Thu Jul 05, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help with rebalancing portfolio
Replies: 3
Views: 223

Re: Help with rebalancing portfolio

agstar wrote:Selling the bond ETF would cause a $558 short term capital loss. Is that still a wise decision to make this change or should I wait it out?
Sell now. You can apply the loss against income.
by Duckie
Thu Jul 05, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Do I start with an IRA? Feeling a bit overwhelmed
Replies: 14
Views: 922

Re: Do I start with an IRA? Feeling a bit overwhelmed

Gemini_X , welcome to the forum. Do I select a Traditional IRA to deposit money into, or Roth IRA? Whether you pick TIRA or Roth IRA depends on your income and whether you contribute to an employer plan. Often it's better to contribute to a pre-tax 401k and Roth IRA but it depends. And then the Mut...
by Duckie
Tue Jul 03, 2018 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Retirement
Replies: 12
Views: 872

Re: 403b Retirement

I'm leading toward Fidelity because I think that they might have the most options, but I'd love any of your thoughts before I analyze each company one by one. Start with: CalSTRS Pension II Fidelity Investments Institutional Services Security Benefit -- look for the NEA Direct Invest option Some of...
by Duckie
Tue Jul 03, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: How to sell physical certificate for UK shares to USD?
Replies: 4
Views: 308

Re: How to sell physical certificate for UK shares to USD?

bellucci wrote:The shares are now showing up in my Fidelity account in USD as pending. It was surprisingly painless to handle through their local office.
I'm glad it worked out.
by Duckie
Fri Jun 29, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Reporting on Form 5498
Replies: 6
Views: 718

Re: Mega Backdoor Roth Reporting on Form 5498

Deleted -- wrong answer.
by Duckie
Wed Jun 27, 2018 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: SIMPLE IRA Transfers to Schwab from AF 5305
Replies: 6
Views: 375

Re: SIMPLE IRA Transfers to Schwab from AF 5305

Kickstart wrote:So now I have to involve the financial advisor who won't be making any money off of me doing this to try and figure out how we can get AF to participate in the transfers to a Schwab tIRA.
Why are you insisting on moving to Schwab? If they can't do what you want why not pick a different custodian?
by Duckie
Wed Jun 27, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do I lose tax benefits if I move home office out of the home?
Replies: 10
Views: 1043

Re: Do I lose tax benefits if I move home office out of the home?

So what deductions are available for a remote office? Office rent can be deducted on IRS Schedule C . The instructions specifically state: "Enter on line 20b amounts paid to rent or lease other property, such as office space in a building." Plus you can deduct office expenses (line 18) and utilitie...
by Duckie
Wed Jun 27, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my asset allocation
Replies: 18
Views: 1040

Re: Please critique my asset allocation

btakla wrote:I am 32, wife is 26, no kids yet, MFS, with about 170 gross annual income.
Why are you filing taxes separately?
by Duckie
Tue Jun 26, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Marriage & Combination of Retirement Plan
Replies: 2
Views: 492

Re: Marriage & Combination of Retirement Plan

If I want to transfer my deductible traditional IRA into 401(k) so that I can backdoor Roth going forward, can I still do it? And should I do it? Yes and yes. Make sure your new 401k allows incoming rollovers. Not all do. If I can do it, how can I untangle $3k of non-deductible traditional IRA that...
by Duckie
Mon Jun 25, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do with my taxable account?
Replies: 10
Views: 1842

Re: What should I do with my taxable account?

1. What makes you prefer VXUS over VEA? VXUS is total international. VEA is developed markets including Canada. I prefer 100% over 80% of the international market. 2. How do you feel about me doing 10% into VWO? VXUS already has emerging markets at the market weight. I see no need to overweight it....
by Duckie
Mon Jun 25, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA and the Pro-Rata Rule
Replies: 5
Views: 371

Re: Rollover IRA and the Pro-Rata Rule

Contact my new employer regarding their 403b and see if they accept IRA rollovers? If so, I roll this TIRA into the new 403b before 12/31/18 and I'm good. The new employer uses Vanguard for the 403b and I've read that their solo-K plans don't accept roll-overs, but I'm not sure if that applies for ...
by Duckie
Mon Jun 25, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund and KQED
Replies: 8
Views: 649

Re: Donor Advised Fund and KQED

Thank you for all the replies. Since in the past the written receipts state "No goods or services received" it looks like using the DAF will probably work as long as I'm not anonymous and provide my member number. I'll check with KQED to make sure. Thanks again.
by Duckie
Sun Jun 24, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA and the Pro-Rata Rule
Replies: 5
Views: 371

Re: Rollover IRA and the Pro-Rata Rule

dustball5 , welcome to the forum. If they roll this money into an IRA, will that be a tax issue for me (due to the Pro-Rata rule) because I've already done a Backdoor Roth this year? Yes, it will be an issue. If this is an issue, does anyone have any advice on how I should handle this? You can't re...
by Duckie
Sun Jun 24, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do with my taxable account?
Replies: 10
Views: 1842

Re: What should I do with my taxable account?

salamyen , welcome to the forum. I was thinking about doing 50% Vanguard Total Stock (VTI) / 30% Vanguard International (VEA) / 10% Vanguard Emerging Markets (VWO) / 5% Vanguard Total Bond (BND) / 5% Vanguard International Bond (BNDX). What are your thoughts on those allocations? I'd use VTI and VX...
by Duckie
Sun Jun 24, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: First questions for those willing to help
Replies: 6
Views: 855

Re: First questions for those willing to help

I understand the asset allocation choice is mine to make. With that said my question has to do with the CALPERS pension, along with the Social Security I am contributing to, and what if any changes should be made to my allocation? Some people think of a pension as a (potential) bond which means the...
by Duckie
Sun Jun 24, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio, template included
Replies: 5
Views: 574

Re: Need help with portfolio, template included

I need advice on which funds to invest in for my current 401K which I JUST started contributing for. In your current 401k the best options are: VANGUARD INST INDEX (VINIX) 0.035% -- Large caps, 80% of US stocks VANGUARD MIDCAP IDX INST (VMCIX) 0.04% -- Mid caps, 6% of US stocks VANG SM CAP IDX INST...
by Duckie
Sun Jun 24, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund and KQED
Replies: 8
Views: 649

Donor Advised Fund and KQED

I opened a Donor Advised Fund at Fidelity last year because of the tax changes. Normally I contribute annually to my local PBS station (KQED) with a personal check and receive a MemberCard that entitles me to certain perks. I'm not sure what would happen this year if I contributed through the DAF; i...
by Duckie
Sat Jun 23, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Mobile deposit of Rollover Check
Replies: 15
Views: 1128

Re: Mobile deposit of Rollover Check

I am about to do a mega backdoor roth rollover for the first time, and it looks like to deposit the checks I receive from my 401k admin in my Schwab accounts, I have to go to the local branch or mail them in... What brokerage is the custodian of your 401k? Ask your 401k admin if you opened a Roth I...
by Duckie
Sat Jun 23, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are you smarter than my CPA? (IRA issue)
Replies: 17
Views: 1888

Re: Are you smarter than my CPA? (IRA issue)

- I make $5,500 in Roth IRA contributions for both of us by 12/31/16 (Me: T. Rowe Price; Her: Vanguard); - In January 2017 I get all of our W-2s and everything and realize we exceeded the Roth contribution income threshold; - I recharacterized both of our contributions as traditional IRA contributi...
by Duckie
Thu Jun 21, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Converting After Tax 401k Contributions to Roth 401k
Replies: 5
Views: 542

Re: Converting After Tax 401k Contributions to Roth 401k

I have a little room to make those after tax 401k contributions Since the limit for 2018 is $55K minus $18.5K elective deferrals minus any matching / profit sharing, you have potentially $36.5K room for after-tax contributions. Or do you mean you can't afford to contribute the extra? I have not bee...
by Duckie
Thu Jun 21, 2018 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: 401k/Roth 401K split
Replies: 13
Views: 1105

Re: 401k/Roth 401K split

The IRS limit of $18.5k that is regardless of if it is pre or post tax 401k correct? Correct, $18.5K total. I know the difference between non-roth and roth but any feedback on what others do in relation to 401k (not IRAs). Contributing strictly pre-tax will reduce your income taxes now. Contributin...
by Duckie
Thu Jun 21, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Behind the 8-Ball at 36
Replies: 13
Views: 3220

Re: Behind the 8-Ball at 36

I have the TSP available to me which I can put in 18,500/yr so I will be starting that maybe by next week with the C Fund which is an S&P type fund. Then when I retire I can either keep it or roll it over to my new employer's plan. Absolutely open and contribute to the TSP. The G Fund is practicall...
by Duckie
Thu Jun 21, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 1805

Re: Taxable Investment Help

Below are all my 401K options available: The best options are: Vanguard Institutional Index VINIX 0.04% -- Large caps, 80% of US stocks Vanguard Extended Market Index VEXAX 0.31% -- Mid/small caps, 20% of US stocks <-- Check the expense ratio. This should be 0.08% not 0.31%. Vanguard Total Internat...
by Duckie
Wed Jun 20, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes for buy fund from selling other funds?
Replies: 11
Views: 646

Re: Taxes for buy fund from selling other funds?

lupin , welcome to the forum. In my portfolio, I have some Vanguard 500 index Fund and some TOTAL STOCK MARKET ETF. I want to switch to Total stock market Fund and Total international stock market fund Admiral shares. Do I pay taxes (income or capital gains) just like selling the fund and ETF? Or I...