Search found 39 matches

by celia
Tue Dec 08, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care "plan" for IRS purposes
Replies: 8
Views: 759

Long Term Care "plan" for IRS purposes

I'd like to know what others have done when they have a relative in some kind of long term care setting so that the expenses qualify as medical deductions for the tax return. IRS Pub 502 says: Qualified Long-Term Care Services Qualified long-term care services are necessary diagnostic, preventive, t...
by celia
Mon Jul 27, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to Get a Credit Card for an Irrevocable Trust
Replies: 6
Views: 1297

How to Get a Credit Card for an Irrevocable Trust

I'm trying to figure out how to get a credit card for a special needs trust for which I am one of two trustees. The trust has it's own EIN and no credit history, although it has money in it's own checking account. I don't mind using my credit worthiness to help get a credit card but when I die (and ...
by celia
Sun Jun 14, 2020 5:23 pm
Forum: Personal Consumer Issues
Topic: Need Landline Phone with "Parental Controls" for 90 yo
Replies: 19
Views: 1953

Need Landline Phone with "Parental Controls" for 90 yo

Our extended family is getting to the point where it may not be safe for those in their 90s to answer the phone at their house. Every time, it is "RING, RING". "Hello, this is <says their name>." It doesn't matter if we remind them to let it go to the answering machine first, the...
by celia
Sun Apr 05, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: When Would You Close Your “Small” Remaining TIRA?
Replies: 5
Views: 277

When Would You Close Your “Small” Remaining TIRA?

Here’s a different perspective you may not have yet considered, but might want to plan for: After many years of doing Roth conversions and taking RMDs and your traditional IRA is a small part of your portfolio, when and how would you close it? To me, the simplest way is to give it to one or more cha...
by celia
Mon Nov 04, 2019 3:20 pm
Forum: Forum Issues and Administration
Topic: [Admin] tinypic (picture hosting) website is gone
Replies: 16
Views: 2719

[Admin] tinypic (picture hosting) website is gone

I have probably been one of the more prolific posters here who includes screenshots of spreadsheets in their responses to various people, especially when coming up with a plan for how much in Roth conversions one should/could do each year. I have used tinypic.com to host my screen shots, but their w...
by celia
Sun May 12, 2019 12:59 am
Forum: Personal Consumer Issues
Topic: Ever Had an Animal Stuck in Chimney? What Did You Do?
Replies: 32
Views: 3463

Ever Had an Animal Stuck in Chimney? What Did You Do?

About 4 or 5 days ago, we starting hearing a noise in our chimney sounding like something rubbing the inside chimney wall with a little fluttering to it. Our best guess is a bird fell down the chimney, but we are not sure it is a bird. We also have possums, stray cats, squirrels roaming the neighbor...
by celia
Mon Apr 08, 2019 12:36 am
Forum: Personal Finance (Not Investing)
Topic: After importing 1099-DIVs and 1099-Rs, what do you "clean up"?
Replies: 8
Views: 967

After importing 1099-DIVs and 1099-Rs, what do you "clean up"?

For various reasons, we have a ton of 1099s this year. I was able to import all of them into my tax software. I am aware I need to read each entry and fix anything that needs fixing. Two of the things I know will need fixing are: * The funds I own that are listed on the back of the "U.S. govern...
by celia
Tue Mar 12, 2019 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Why do MM funds at brokerages get more interest than MM accounts at banks?
Replies: 12
Views: 1854

Why do MM funds at brokerages get more interest than MM accounts at banks?

Considering that Money Market funds at brokerages usually get more interest than Money Market (savings) accounts at banks, why is that? Are the funds invested differently at banks?
by celia
Mon Jan 21, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Which Brokerage Companies send Stock Annual Reports (regardless of your settings)?
Replies: 2
Views: 190

Which Brokerage Companies send Stock Annual Reports (regardless of your settings)?

We own a couple of individual stocks for various reasons. Recently, it occurred to me that we hadn't received any annual reports for over a year, even though we've owned the stocks longer than that. I suspect the problem is that every time we do an online transaction at Vanguard without all our acco...
by celia
Sat Dec 08, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Wiki page UPGRADE: Backdoor Roth
Replies: 117
Views: 10762

Wiki page UPGRADE: Backdoor Roth

The upgrade to the referenced wiki page has been completed. To jump over earlier comments and read the upgraded page, click here . celia In another thread, the OP had a question that referenced the Backdoor Roth IRA wiki page. I think there is something wrong with the formula shown there but first ...
by celia
Tue Oct 30, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Donut Hole is "Closing" in 2019
Replies: 11
Views: 2713

Medicare Donut Hole is "Closing" in 2019

I haven't seen any discussion of this here and am starting to wonder if we are missing important topics in this forum. (If I'm mistaken and this was already discussed, moderators, please combine this with the other thread(s) I can't find.) We've known since 2010 that the donut hole was going to clos...
by celia
Fri Sep 07, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: AARP United Healthcare allows current members to switch (even upgrade)
Replies: 1
Views: 810

AARP United Healthcare allows current members to switch (even upgrade)

We've been talking to United HealthCare about switching plans and two different agents have told us that CURRENT AARP United HealthCare members can switch between any plan to any other plan any time of the year without medical underwriting. You can even upgrade to F if you want! This appears to be a...
by celia
Fri Aug 31, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Passing on Long Term losses to heirs
Replies: 8
Views: 656

Passing on Long Term losses to heirs

In helping elderly relatives with their finances and estate planning, it has occurred to me that if someone has an investment account with big losses in it, it would be better to sell the losses and hold onto the gains right before they die (assuming they have the flexibility in the timing of everyt...
by celia
Sat Jun 23, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 4174

Compliments for Vanguard?

There have been several threads recently complaining about Vanguard. I agree with someone who recently commented in an ongoing “complaint” thread that maybe it’s time to say what we like about them instead. So here is the “compliments” thread. ...you don't know how many people have had good experien...
by celia
Sun Jan 28, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Trust account at Vanguard with 2 trustees with separate logins
Replies: 16
Views: 2314

Trust account at Vanguard with 2 trustees with separate logins

We have a joint trust account at Vanguard which is tagged with my SSN. The Vanguard rep who last helped us says there can only be one SSN attached to each account. Is this true? We will be opening a new account to hold an inheritance DH is receiving. Our lawyer suggests it be put into the trust acco...
by celia
Thu Jul 20, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: American Express "Plan It" feature?
Replies: 1
Views: 526

American Express "Plan It" feature?

In my latest American Express Blue Cash billing statement, there were an additional 13 pages attached. They primarily describe a new feature called "Plan It" that they will soon offer. Even though most Bogleheads pay their credit card bills in full each month, has anyone read all the fine ...
by celia
Sat Apr 22, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Non-tangible Assets as Part of an Estate
Replies: 6
Views: 1037

Considering Non-tangible Assets as Part of an Estate

DH and I recently signed contracts for cremation services after we die. Part of the money is going into a co-mingled trust fund, per federal law, to help insure we are still cremated, should the company not exist when the time comes. If we die and the service is not used, that part of the money is r...
by celia
Thu Jan 12, 2017 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Puzzled by Medicare Drug Plan Details
Replies: 7
Views: 1063

Puzzled by Medicare Drug Plan Details

I helped a relative pick a drug plan for 2016 (Humana). Since she has over 10 meds and they do not refill at the same time, she prefers to pick them up quarterly. She has at least one med in each tier and I created a table showing how each med is priced before the deductible is met (Stage 1 "Ye...
by celia
Mon Dec 12, 2016 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: 2 RMD Questions
Replies: 22
Views: 2921

2 RMD Questions

Since I can't get through to Vanguard on the phone, I'll ask my questions here: 1. We have an Inherited traditional IRA account and an Inherited Roth account on the "old" platform where mutual funds are held in a different "account" than the brokerages. I think of this as 2 separ...
by celia
Fri Jul 01, 2016 3:53 pm
Forum: Personal Consumer Issues
Topic: Your Favorite Factory Tours?
Replies: 70
Views: 7760

Your Favorite Factory Tours?

Have you ever been on a "factory" tour to see how items were made? Which ones did you/your family like and not like? Our favorite one was the Hershey factory in Hershey, PA where the chocolate is made. Not only do you get free samples at the end, but the place is like a mini-amusement park...
by celia
Fri Mar 18, 2016 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Rates going DOWN for CALIF EARTHQUAKE insurance
Replies: 14
Views: 2728

Rates going DOWN for CALIF EARTHQUAKE insurance

We just renewed our earthquake policy for another year. The premium went down over $230. The California Earthquake Authority has been advertising lately and not only are the rates going down but you now have your choice of a deductible from 5% to 25%. CEA (a publicly managed, privately funded non-pr...
by celia
Sat Nov 07, 2015 2:33 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Plan F High Deductible--Simplify the Ded. Payments?
Replies: 50
Views: 8848

Medicare Plan F High Deductible--Simplify the Ded. Payments?

There are two alternates for Medicare Plan F which will not be accepting new members starting in 2020. [Medicare is letting Plans C and F expire for new enrollees as Plan F participants file the most claims and Medicare wants to slow this down by making sure members have "skin in the game"...
by celia
Mon Nov 02, 2015 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security for a couple, One spouse not SS-eligible
Replies: 9
Views: 1660

Social Security for a couple, One spouse not SS-eligible

This thread is to discuss the cases where one spouse of a couple is not eligible to receive Social Security due to contributing to another type of retirement account. For example, some teachers have separate retirement accounts which make them ineligible to receive SS on their own (unless they had a...
by celia
Mon Oct 19, 2015 1:16 am
Forum: Personal Investments
Topic: Free Voya account for babies born Oct 19, 2015
Replies: 1
Views: 596

Free Voya account for babies born Oct 19, 2015

I just saw an online ad from Voya offering a $500 account to babies born today: https://www.voya.com/BornToSave?dclid=CPaKzYfvzcgCFRSAfgodWK8CZQ (the video there doesn't really say anything, but the babies are darling) Without providing personal information, do you know anyone who might claim one of...
by celia
Sun Jul 05, 2015 10:04 pm
Forum: Personal Consumer Issues
Topic: Vanguard's Security image going away?
Replies: 82
Views: 17233

Vanguard's Security image going away?

I was helping a relative set up online access and become familiar with Vanguard's website. I noticed there wasn't an obvious way for them to select a security image. That's a picture (and phrase) you select that appear on the next screen after you logon with your username but before you enter your p...
by celia
Tue Sep 16, 2014 4:57 pm
Forum: Investing - Theory, News & General
Topic: How to create a new 401k Plan
Replies: 4
Views: 973

How to create a new 401k Plan

A relative has been asked by her company to look into creating a 401k plan for them. It is a privately-owned tech company with 20-30 employees with a few of them working in other countries. The employees keep asking when they will have a plan. They don't want to have to use a lot of company resource...
by celia
Thu Aug 28, 2014 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to Locate LIFE INSURANCE Policy for Deceased Person
Replies: 7
Views: 1367

How to Locate LIFE INSURANCE Policy for Deceased Person

(This is a revision to an earlier posting in which the button on the referenced page was broken. It is now fixed. Comments near the top of this thread that may be deleted were talking about the broken button.) Good news regarding finding Life Insurance policies : I heard California's State Controll...
by celia
Mon May 19, 2014 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security records if 2 Employers same year
Replies: 13
Views: 1327

Social Security records if 2 Employers same year

I heard a financial adviser on the radio make this comment yesterday: "I tell my clients to check their Social Security wage earnings, in particular, for any year in which they had two employers since the Social Security computers can only hold information for one of them." I've been think...
by celia
Thu Mar 06, 2014 2:57 am
Forum: Personal Finance (Not Investing)
Topic: Researching Historic Tax Rules for Pensions
Replies: 5
Views: 706

Researching Historic Tax Rules for Pensions

Hello, I'm helping an elderly relative in his 90s fill out his taxes. He has a pension as a federal employee that he started taking in 1985 (28 1/2 years ago). I am trying to see if any of it is tax-free since he apparently paid into it (most likely paying for "air time" for his military s...
by celia
Mon Sep 19, 2011 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Savings as a “Tax Expenditure” (and REIT
Replies: 1
Views: 514

Your Retirement Savings as a “Tax Expenditure” (and REIT

I found this recent column by Scott Burns interesting. Someone asked how the federal deficit compared to tax deferrals on IRA and 401k contributions and their gains. Scott started his answer with the definition: Tax expenditures are the taxes not collected because some amount of income is not includ...
by celia
Sun Aug 21, 2011 2:20 am
Forum: Personal Finance (Not Investing)
Topic: Why are Price/Earnings ratios reported inconsistently?
Replies: 4
Views: 942

Why are Price/Earnings ratios reported inconsistently?

Someone asked me why P/E was reported differently in various sources for the same company. I didn't know, so am asking you. For example, I looked up the following companies in various sources today to find these Price/Earnings for each company: http://i56.tinypic.com/qrc0zl.jpg All these companies l...
by celia
Tue Feb 09, 2010 4:18 pm
Forum: Investing - Theory, News & General
Topic: POLL: What do you think of the 2009 Year-End Statements?
Replies: 13
Views: 2538

POLL: What do you think of the 2009 Year-End Statements?

I normally let all my financial statements pile up during January until they're all in. Last weekend, I went through the box and sorted everything by year-end statements, tax documents, other. When I opened the Vanguard year-end statements, I practically started to cry. I am used to saving one piece...
by celia
Sun Nov 29, 2009 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Collecting unemployment when hours have been cut
Replies: 3
Views: 1088

Collecting unemployment when hours have been cut

In California (as well as other states), there are many employers who have asked their employees to take a furlough one day a week instead of laying a few people off. Those who have their hours reduced can collect 20% of their full unemployment. Question: If this was to go on indefinitely, does coll...
by celia
Mon Oct 19, 2009 1:29 am
Forum: Investing - Theory, News & General
Topic: Converting to Roth or not--The Decision Process
Replies: 21
Views: 4052

Converting to Roth or not--The Decision Process

There have been several threads recently on whether it makes sense for someone in a particular situation to convert their traditional IRA to a Roth IRA next year. (The eligibility restriction that your modified AGI on your income taxes be less than $100,000 goes away starting in 2010.) I recently re...
by celia
Wed Sep 23, 2009 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: How do you Compare Health Insurance Plans?
Replies: 14
Views: 2875

How do you Compare Health Insurance Plans?

I work for a public agency in California that is dropping its current health insurance plans due to unaffordable costs and will be offering us the CalPERS plans instead. We will have to pay part of the premium based on the plan that is selected and the number of people in our family (1, 2, 3+) to be...
by celia
Mon Sep 21, 2009 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card advantages for students?
Replies: 23
Views: 3450

Credit card advantages for students?

I was talking to a college student who recently opened a free checking account with the bank that has a branch on his campus. They sent him a credit card, even though he doesn't need one, and is wondering what he should do with it. I suggested using it to build up his credit some more by putting one...
by celia
Sun May 18, 2008 5:00 pm
Forum: Investing - Theory, News & General
Topic: Ages 59 1/2 to 70 1/2: Spreadsheets for Decision Making
Replies: 8
Views: 2954

Ages 59 1/2 to 70 1/2: Spreadsheets for Decision Making

My husband and I have both reached age 59 1/2 and we are trying to figure out the best changes to make in the next few years in order to have the best impact on our retirement years. Our tax rate will probably be higher in retirement. Although we are working now, we are eligible to start rolling ove...
by celia
Sat Apr 26, 2008 6:56 pm
Forum: Investing - Theory, News & General
Topic: Details on 2010 Traditional IRA to Roth IRA conversion???
Replies: 8
Views: 2456

Details on 2010 Traditional IRA to Roth IRA conversion???

Hello Diehards, I've read several articles mentioning the IRA conversion rules that are in effect only for 2010. I'm trying to plan for this, in particular, being able to pay the taxes. Here are 2 of the better articles I've seen: Conversion Rule Changes Don't Wait Until 2010, Follow These Five Step...
by celia
Sat Mar 22, 2008 7:11 pm
Forum: Investing - Theory, News & General
Topic: taxable vs. tax-deferred vs tax-free (ie, Roth) accounts
Replies: 3
Views: 1517

taxable vs. tax-deferred vs tax-free (ie, Roth) accounts

Before I re-arrange my portfolio to put the proper funds into each tax category, I need to know more details about each Vanguard fund. We are looking at a higher tax rate at age 70 than now and want to minimize taxes for the purpose of retaining more money for future unknowns. We are fortunate that ...