Search found 440 matches

by need403bhelp
Tue Dec 12, 2017 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 3625

Re: best cashback credit card ?

I dropped mine when earlier this year when the fee went to $95 (and announced that gift card purchases would no longer be rewarded). I believe they still waive the fee the first year. I switched to the no fee everyday version of the card as grocery purchases without any purchases of discounted gift...
by need403bhelp
Mon Dec 11, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 3625

Re: best cashback credit card ?

The costco card is 4% on gas, 3% on travel, 3% on restaurants. The Amex Blue cash is 3% on groceries. (Or 5% if you pay an annual fee) A combination of those two cards plus the double cash for everything else, is what I do. 6% with an annual fee that makes it an effective 4.4% card if you max it ou...
by need403bhelp
Thu Dec 07, 2017 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Dash Into Cash in the WSJ
Replies: 16
Views: 3946

Re: Dash Into Cash in the WSJ

Many reward checking accounts are paying 2% or more, but that is not new. Post links. https://www.doctorofcredit.com/high-interest-savings-to-get/ Appreciate it. I didn’t know you could get that high return, seems like a lot of requirements. I’ll just stick with my 1.25%. Happy to help.
by need403bhelp
Wed Dec 06, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Dash Into Cash in the WSJ
Replies: 16
Views: 3946

Re: Dash Into Cash in the WSJ

lakja wrote:
Wed Dec 06, 2017 9:17 pm
letsgobobby wrote:
Wed Dec 06, 2017 8:57 pm
Many reward checking accounts are paying 2% or more, but that is not new.
Post links.
https://www.doctorofcredit.com/high-int ... gs-to-get/
by need403bhelp
Sun Nov 26, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10754

Re: Didn't buy Bitcoin at $4600

I was sitting in a cafe a couple of months ago, I didn't buy Bitcoin when it was $4600 per Bitcoin. I even had my bank info authenticated the few days prior. I think my PC battery died and I went to the gym instead. I don't really need the money, but I'd be lying if I said I don't feel a twinge of ...
by need403bhelp
Wed Nov 22, 2017 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 45
Views: 3725

Re: Anyone had a POA rejected?

So once again, a valid outside PoA form seems to be unacceptable (?), for 403b accounts, anyway. That's ok with me because my experience with 403b accounts led me to the conclusion that the best way to handle them is to roll the money held in these accounts into a IRA as soon as possible. Well, tha...
by need403bhelp
Wed Nov 22, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 45
Views: 3725

Re: Anyone had a POA rejected?

So once again, a valid outside PoA form seems to be unacceptable (?), for 403b accounts, anyway. That's ok with me because my experience with 403b accounts led me to the conclusion that the best way to handle them is to roll the money held in these accounts into a IRA as soon as possible. Well, tha...
by need403bhelp
Tue Nov 14, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Verizon Wireless - Asking for a lower rate
Replies: 21
Views: 2425

Re: Verizon Wireless - Asking for a lower rate

I've been with Verizon Wireless for around 15 years and want to stay with them for their good service and quality of network/coverage, however like everyone I'd like a lower monthly bill. I currently pay around $70 for unlimited talk/text plus 2gb data. Has anyone successfully called Verizon and as...
by need403bhelp
Mon Nov 13, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5322

Re: POAs may not be that powerful

Gee. You can set up POA at Vanguard online in 2 minites. Why not instead of aggravating yourself about it. Would the person named as agent then immediately have full access to my accounts? It called Agent Authorization. The one you can set up in 2 minutes only allows viewing the accounts. But you c...
by need403bhelp
Mon Nov 13, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5322

Re: POAs may not be that powerful

Gee. You can set up POA at Vanguard online in 2 minites. Why not instead of aggravating yourself about it. How? On line. The person (or you. :mrgreen: ) log on. Then you can set POA for retirement and no retirement accounts. If in doubt just call and they will help you. Ok. I found this screen: htt...
by need403bhelp
Mon Nov 13, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5322

Re: POAs may not be that powerful

Good Listener wrote:
Mon Nov 13, 2017 6:53 pm
Gee. You can set up POA at Vanguard online in 2 minites. Why not instead of aggravating yourself about it.
How?
by need403bhelp
Mon Nov 13, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

Even though married four decades (same wife), I am no marital relationhip "expert". Just my opinion of how this might be perceived by the wife. She might "hear" or "perceive": You see, dear, that I have this really high credit score - but yours (in the low 700's) is so inferior to mine because you ...
by need403bhelp
Mon Nov 13, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

The lender should be willing to make the loan to you alone (in other words, your name alone would be on the note). However, if her name is on the deed (in other words, if she's a co-owner, whether as tenants in common, joint tenants, or tenants by the entirety), she'll have to sign the mortgage. In...
by need403bhelp
Mon Nov 13, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

My wife and I are planning to buy a home in the next several (let's say 1-4) years, planning to put 20% down. ... I just learned on this forum that one can get a home mortgage for a primary residence without one's spouse. Additionally, both names could be on the deed (this is essential as my wife i...
by need403bhelp
Mon Nov 13, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

Are you eligible for the VA loan? DW and I just went through a similar deal with different but not bad credit scores, and the VA loan is not as strict as conventional for best rates and credit scores. That may be an option. Also, your wife had a good score now and it should improve over the next fe...
by need403bhelp
Mon Nov 13, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

My wife and I are planning to buy a home in the next several (let's say 1-4) years, planning to put 20% down. ... I just learned on this forum that one can get a home mortgage for a primary residence without one's spouse. Additionally, both names could be on the deed (this is essential as my wife i...
by need403bhelp
Mon Nov 13, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

Thank you all for your help comments!

It sounds like:
(a) doing a mortgage in one spouse's name only is not unusual at all (as long as my spouse is ok with it) and
(b) we should definitely have both our names on the deed

Thank you again!
by need403bhelp
Mon Nov 13, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

Credit Karma - and other sites offering FAKO scores - can be very misleading with respect to where you stand for a mortgage application. There are lots of places to get a true FICO8 score, which is what your mortgage qualifies on. Creditchecktotal.com will give a free 3-bureau introductory score, j...
by need403bhelp
Sun Nov 12, 2017 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

TheHouse7 wrote:
Sun Nov 12, 2017 10:01 pm
You can easily qualify for a better rate without her. I did. She felt bad for not "contributing"???

Never regretted not getting the best loan possible. :mrgreen:
Thanks so much for sharing your thoughts and your experience!
by need403bhelp
Sun Nov 12, 2017 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

My wife and I are planning to buy a home in the next several (let's say 1-4) years, planning to put 20% down. My FICO is quite good (850 per freecreditscore.com which is owned by Experian), but hers is around 712 (she is dinged for (i) credit history length as she only came to this country for grad...
by need403bhelp
Sun Nov 12, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

Actually, one spouse buying the property isn't that uncommon. I've had to redo PA's, several times, when the lender calls and tells me to remove one party from the agreement. In MN it takes one signature to buy but two to sell (If married). I see, thanks so much for the information. We live in a co...
by need403bhelp
Sun Nov 12, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

I think your scores are good enough to get the best rate especially if you are talking about a year or two. Credit length will increase bumping her score a bit. From what I've read recently the rates don't get better after 740. With your combined scores, extra income and 20% down you'll be fine. It...
by need403bhelp
Sun Nov 12, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

Can you qualify for the mortgage on your income alone? Why? I see zero benefit for you at all. 712 is a very good credit score. It could, in my opinion, become an issue of marital "discord". I see. I thought that the best interest rates were not available at that FICO score, is that incorrect? (I t...
by need403bhelp
Sun Nov 12, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Re: Getting a home mortgage without spouse?

runner540 wrote:
Sun Nov 12, 2017 7:05 pm
Can you qualify for the mortgage on your income alone?
Yes.
by need403bhelp
Sun Nov 12, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 2764

Getting a home mortgage without spouse?

My wife and I are planning to buy a home in the next several (let's say 1-4) years, planning to put 20% down. My FICO is quite good (850 per freecreditscore.com which is owned by Experian), but hers is around 712 (she is dinged for (i) credit history length as she only came to this country for gradu...
by need403bhelp
Sun Nov 12, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Better credit or larger downpayment?
Replies: 18
Views: 1677

Re: Better credit or larger downpayment?

Dumb question - the OP is married per third post in thread, but he only talks about one credit score in first post. Here is the dumb question - I thought I had read that for a married couple buying a house, credit scores of BOTH spouses are NECESSARILY taken into account when a mortgage rate is off...
by need403bhelp
Sun Nov 12, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Better credit or larger downpayment?
Replies: 18
Views: 1677

Re: Better credit or larger downpayment?

Dumb question - the OP is married per third post in thread, but he only talks about one credit score in first post. Here is the dumb question - I thought I had read that for a married couple buying a house, credit scores of BOTH spouses are NECESSARILY taken into account when a mortgage rate is offe...
by need403bhelp
Wed Nov 08, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Eye Doctor $30 to get your Rx? Is this normal?
Replies: 78
Views: 5551

Re: Eye Doctor $30 to get your Rx? Is this normal?

But we never told them we had VSP, only HAP, and she told the receptionist why she was going there and she confirmed $20. It seems that this was the source of the confusion - the conversation with the receptionist made your wife or you feel that refraction and a prescription would be covered by the...
by need403bhelp
Mon Nov 06, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: Online Canadian Pharmacy
Replies: 19
Views: 2389

Re: Online Canadian Pharmacy

Try goodrx

https://m.goodrx.com/metronidazole?dosa ... quantity=1

In my area, I get cheapest 0.75% metronidazole gel 45 gm ~$35 cash at Costco.

Slightly more expensive (yours is 60 gm) but much less hassle
by need403bhelp
Mon Nov 06, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 86
Views: 7047

Re: Negotiating for a new car purchase

:sharebeer The dishonest dealership said they are going to mail me a check for my deposit today. The person who told me that was looking to the side as he said it. So I don’t know what’s true but I acted like I believed it. I’ll give it a week. I would never give a dealership a deposit (especially $...
by need403bhelp
Sun Nov 05, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: 529 question: Are stipends given for MD-PhDs considered as scholarships ?
Replies: 17
Views: 1570

Re: 529 question: Are stipends given for MD-PhDs considered as scholarships ?

One interesting quirk at least for the MD/PhD program I completed - I paid income tax on my stipend but not Social Security tax. Thus, despite years of "income," did not meet the 40 quarters requirement for SS when I finished.
by need403bhelp
Tue Oct 31, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?
Replies: 76
Views: 6544

Re: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?

I've always wondered about these ACH transfers. When I link my bank account to an entity like Vanguard, Vanguard asks for the bank routing and account numbers. Once set up, I funds can be sent in either direction. But I never explicitly gave my bank the okay to release funds to Vanguard. Can anyone...
by need403bhelp
Tue Oct 31, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: TFB article on after-tax contributions to 401a/403b
Replies: 6
Views: 366

Re: TFB article on after-tax contributions to 401a/403b

I read the following TFB article on after-tax contributions to a 401a/403b this morning: https://thefinancebuff.com/401a-plan-contribution-limit.html. He states that some employers allow for the elusive after-tax contributions to 401a/403b plans, which opens the door for contributions up to the $54...
by need403bhelp
Sat Oct 28, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: AmEx referral bonuses & taxes
Replies: 8
Views: 544

Re: AmEx referral bonuses & taxes

I was under the impression that credit card bonuses, regardless of the form are not taxable income. But if it is bonus from a bank it is taxable. If they don't issue a 1099 I wouldn't worry about it. Thanks. My rough understanding is that credit card rewards that require some kind of spend to get (...
by need403bhelp
Fri Oct 27, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: AmEx referral bonuses & taxes
Replies: 8
Views: 544

Re: AmEx referral bonuses & taxes

Since you are likely a cash basis taxpayer, its not technically your income until it is credited to you on the statement. Therefore, I would just add up the appropriate amounts from your Jan - Dec statements. It will go on the Other income line (21) on the 1040 with a description like “credit card ...
by need403bhelp
Fri Oct 27, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: AmEx referral bonuses & taxes
Replies: 8
Views: 544

Re: AmEx referral bonuses & taxes

I don't get referrals, but each statement mentions how much of my rewards are based on purchases. Worst case you have to look at the 12 statements to see the purchase portion, and substract the rest from the grand total. Fair enough. I guess I would have to figure out the exact lag as well between ...
by need403bhelp
Fri Oct 27, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: AmEx referral bonuses & taxes
Replies: 8
Views: 544

AmEx referral bonuses & taxes

I have recently gotten what I believe to be several $75 bonuses from people signing up using my referral links for my American Express Blue Cash Everyday (BCE) and Blue Cash Preferred (BCP) cards. The issue is that, each time someone uses my referral link to sign up, the $75 becomes available as "re...
by need403bhelp
Wed Oct 25, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Superfund 529 with <$70k year 1, contribute the difference years 2-5?
Replies: 2
Views: 302

Re: Superfund 529 with <$70k year 1, contribute the difference years 2-5?

If you superfund a 529 with <$70k - let's say $50k - can you still contribute the remaining $20k over the next 4 years? In other words, could you make the following contributions to a child's 529: Year 1 - $50k Year 2 - $5k Year 3 - $5k Year 4 - $5k Year 5 - $5k Yes, any contribution over the annua...
by need403bhelp
Wed Oct 25, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Superfund 529 with <$70k year 1, contribute the difference years 2-5?
Replies: 2
Views: 302

Superfund 529 with <$70k year 1, contribute the difference years 2-5?

If you superfund a 529 with <$70k - let's say $50k - can you still contribute the remaining $20k over the next 4 years? In other words, could you make the following contributions to a child's 529: Year 1 - $50k Year 2 - $5k Year 3 - $5k Year 4 - $5k Year 5 - $5k It seems that this is possible, per h...
by need403bhelp
Wed Oct 25, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Contribute to spouse's Roth?
Replies: 22
Views: 1893

Re: Contribute to spouse's Roth?

If you set up her Roth at, say, Vanguard, you can set up any bank account to transfer funds, including one in solely your name if you don't have joint banking. Pretty much any other broker would work the same way. I'm not actually 100% sure that you can link a bank account that is solely under your...
by need403bhelp
Tue Oct 24, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1225

Re: Help me help my parents with their retirement investments

If you and they are with TIAA-CREF, I believe that they will rebalance on a set schedule if you want them to. It is possibly that is just a feature of my employer's plan, but you may want to check. Thanks so much! Just to be clear - I have my account split between Fidelity (403b) and TIAA (457). Fo...
by need403bhelp
Tue Oct 24, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1225

Re: Help me help my parents with their retirement investments

An update. Looking more at the glide path of the Fidelity Freedom Index funds, and thinking of my parents' plan not to retire unless necessitated by future health conditions (and I believe this means DF won't retire unless he is literally on his deathbed, based on his personality), I think it is be...
by need403bhelp
Mon Oct 23, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1225

Re: Help me help my parents with their retirement investments

An update. Looking more at the glide path of the Fidelity Freedom Index funds, and thinking of my parents' plan not to retire unless necessitated by future health conditions (and I believe this means DF won't retire unless he is literally on his deathbed, based on his personality), I think it is bet...
by need403bhelp
Sun Oct 22, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: What to do with TIAA CREF funds?
Replies: 28
Views: 1675

Re: What to do with TIAA CREF funds?

Thank you all for feedback. Consensus is that TIAA real estate is regarded well. I have not been invested in this. Invested aggressively in equities instead. Based on the threads one option would be to move a portion of my current R2 accounts to Real estate if an option and roll over the rest to a ...
by need403bhelp
Sat Oct 21, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with TIAA CREF funds?
Replies: 28
Views: 1675

Re: What to do with TIAA CREF funds?

Just FYI, I have some pretty low ER options with TIAA in my plan and the fully liquid GSRA TIAA Traditional (no restrictions on immediate withdrawals), so my situation does not sound like it quite matches your TIAA plan. However, both TIAA Traditional and TIAA Real Estate are unique investments not ...
by need403bhelp
Sat Oct 21, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1225

Re: Help me help my parents with their retirement investments

Any thoughts about changing to a Fidelity Freedom Index fund through BrokerageLink? I realize that these funds are inherently different as they have a glide path and some non-stock, non-bond investments, but the ~0.15% net ER looks much more appealing than IBPIX at 0.73%. Can you do the leg work an...
by need403bhelp
Sat Oct 21, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1225

Re: Help me help my parents with their retirement investments

I am surprised as the performance of IBPIX and VSMGX seems nearly identical, although: IBPIX - ER 0.73%, turnover 184% VSMGX - ER 0.14%, turnover 9% Does this basically mean that IBPIX's active managers are doing a good job at least accounting for their extra cost? When I look at that chart I see s...
by need403bhelp
Sat Oct 21, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1225

Re: Help me help my parents with their retirement investments

You did not mention pension. They do have one via TRS, correct? If this is the case, then they have pension, tenure and 1.5 millions. I think they are all set with any reasonable allocation. If they are not interested in managing the investment, just picking the lowest cost target fund. No pension....
by need403bhelp
Sat Oct 21, 2017 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1225

Re: Help me help my parents with their retirement investments

Can you get Fidelity Freedom INDEX funds? Yes, but only via Fidelity BrokerageLink (no fee though). Any experience whether BrokerageLink can be made "set it and forget it" for new investments, or whether they would periodically need to log in to invest new contributions? (Which I am guessing they w...