Search found 123 matches

by marklar13
Tue Mar 08, 2016 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: HR Block - backdoor roth gotcha
Replies: 3
Views: 969

HR Block - backdoor roth gotcha

I just finished my taxes using HR Block (online version). When I double checked the state (MA) return, I noticed that they added my Roth IRA conversions to my taxable income. We had a "standard" backdoor Roth IRA (contributed to Traditional IRA, no pretax dollars in Traditional IRA, conver...
by marklar13
Tue Sep 29, 2015 9:54 am
Forum: Personal Investments
Topic: Another TLH question
Replies: 6
Views: 756

Re: Another TLH question

Bah, I just logged in to double check and it turns out I reinvested dividends for VTSAX in my taxable account as well. Kind of annoying because I had my taxable accounts set to not reinvest... but last week the account was changed to be a joint account with my wife (which is handled as a transfer to...
by marklar13
Tue Sep 29, 2015 7:22 am
Forum: Personal Investments
Topic: Another TLH question
Replies: 6
Views: 756

Re: Another TLH question

The loss in the dividend value will be added to your cost basis. Tax loss except the dividend value should count for tax loss harvesting. I was having trouble following this until I found this article: http://www.marketwatch.com/story/understanding-the-wash-sale-rules-2015-03-02 . Example #2 applie...
by marklar13
Mon Sep 28, 2015 8:47 pm
Forum: Personal Investments
Topic: Another TLH question
Replies: 6
Views: 756

Another TLH question

Sorry, I know there already a ton of threads floating around on TLH -- I'll try to make this short. Here's my situation: Back in July I bought about 22k of VTSAX in taxable. It has about $2500 of unrealized short term loss. I also have VTSAX in my rollover IRA. A dividend was paid and reinvested on ...
by marklar13
Thu Sep 24, 2015 8:21 am
Forum: Personal Investments
Topic: Rollover timing
Replies: 9
Views: 1076

Re: Rollover timing

Yes, unfortunately you have to liquidate prior to rolling into the 401ks. Not only that, but it's not even electronic. They literally mail you a check for the amount of your liquidated assets and then you turn around and mail that check to your 401k plan along with some forms. The whole process feel...
by marklar13
Wed Sep 23, 2015 12:46 pm
Forum: Personal Investments
Topic: Rollover timing
Replies: 9
Views: 1076

Re: Rollover timing

Thanks for the replies. The idea of compensating by buying more stocks in other accounts is interesting. I don't think I want to complicate things in my other accounts at this point, but I think I will follow the advice of House Blend and switch one of the accounts to all equities while the other on...
by marklar13
Wed Sep 23, 2015 10:32 am
Forum: Personal Investments
Topic: 529 account - looking for review of strategy
Replies: 11
Views: 1328

Re: 529 account - looking for review of strategy

Excellent idea regarding the potential to utilize the carry-forward. I'd be surprised if they let me use this if I wasn't living in CT at the time... but it's worth investigating. With regards to AA: I think the 30% allocation to bonds is too conservative for a new baby myself. I would do 80/20 or e...
by marklar13
Tue Sep 22, 2015 5:59 pm
Forum: Personal Investments
Topic: Rollover timing
Replies: 9
Views: 1076

Rollover timing

Per some previous boglehead advice, I'm working on consolidating accounts so that I can take advantage of backdoor Roth ira contributions. We have two accounts that need to be rolled over into current employer 401ks. One of them is my rollover sitting in Vanguard, and the other is my wife's rollover...
by marklar13
Sat Sep 19, 2015 9:39 am
Forum: Personal Investments
Topic: 529 account - looking for review of strategy
Replies: 11
Views: 1328

Re: 529 account - looking for review of strategy

I think your plan is fine. I think your estimates are fine, if anything, they are conservative because you gave nominal figures, not real. In fact, if you use your 4% inflation, you are talking about 3% real for stocks and -2% for bonds, which is quite pessimistic. I should have mentioned this, but...
by marklar13
Sat Sep 19, 2015 9:35 am
Forum: Personal Investments
Topic: 529 account - looking for review of strategy
Replies: 11
Views: 1328

Re: 529 account - looking for review of strategy

Right. I also just realized that if we do move to CT I don't necessarily need to move the funds that we have in the NY plan to the CT plan. We would just need to start contributing to the CT plan to get the deduction, and the previous account could remain taking advantage of the lower ER. The only d...
by marklar13
Sat Sep 19, 2015 8:53 am
Forum: Personal Investments
Topic: 529 account - looking for review of strategy
Replies: 11
Views: 1328

Re: 529 account - looking for review of strategy

Two bits of advice: Planning on getting 7% return on equities is IMO optimistic. I like to plug in 5% to keep the expectations conservative. This is probably valid. I'll consider bumping this down as you suggest. Check out UT and NY plans using Vanguard funds, ERs, 0.16-0.22. MA index age based ind...
by marklar13
Fri Sep 18, 2015 11:16 pm
Forum: Personal Investments
Topic: 529 account - looking for review of strategy
Replies: 11
Views: 1328

529 account - looking for review of strategy

Hi all. I'm planning on opening a new 529 account for my son. I've done a lot of research, but before I move forward with this I wanted to run it by the forum to make sure I'm not missing anything. Here are the details: Our situation: He's just a few weeks old... trying to start early We are maxing ...
by marklar13
Tue Sep 15, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Life lessons: Making loans to friends. Insights? Revelations?
Replies: 191
Views: 25858

Re: Life lessons: Making loans to friends. Insights? Revelations?

Seems like lot's of bad experiences... I'll add one to the positives. My last year of college I floated one of my roommates around $1800 for the last few months of rent. He already had a good job lined up for post-graduation. We were good friends, although we both moved to different parts of the cou...
by marklar13
Tue Aug 18, 2015 1:42 pm
Forum: Investing - Theory, News & General
Topic: Distributed Asset Allocation Question
Replies: 1
Views: 284

Re: Distributed Asset Allocation Question

Looks like the exact same question was asked by gasdoc about an hour after this post... and that thread has some useful replies in it: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=171893 I don't think anyone needs to bother posting in here... I'll just read up on the info provided in th...
by marklar13
Tue Aug 18, 2015 10:09 am
Forum: Investing - Theory, News & General
Topic: Distributed Asset Allocation Question
Replies: 1
Views: 284

Distributed Asset Allocation Question

Hi all. I've read through the wiki entry regarding asset allocation in multiple accounts: ( http://www.bogleheads.org/wiki/Asset_allocation_in_multiple_accounts ). I'm working on updating my various accounts to take advantage of the principles laid out in that post. However, I'm a little concerned r...
by marklar13
Wed Jul 15, 2015 7:48 pm
Forum: Personal Investments
Topic: Distributing asset allocation across roth and 401k
Replies: 3
Views: 467

Re: Distributing asset allocation across roth and 401k

--no. but you should open a rIRA or taxable account and then can put intl there. So to be clear... the 'no' in this case means I shouldn't just pick the inferior funds from the 401k, or it means 'no, it isn't worth the hassle to allocate across accounts'? I have the roth IRA and taxable accounts se...
by marklar13
Wed Jul 15, 2015 7:24 pm
Forum: Personal Investments
Topic: Distributing asset allocation across roth and 401k
Replies: 3
Views: 467

Distributing asset allocation across roth and 401k

My wife and I each have 401k accounts that have access to pretty good funds. The only exception (in my opinion) is the international funds offered. Between our two plans, there is only one fund that has a decent expense ratio (FSIVX at .17%). However, it doesn't have any exposure to emerging markets...
by marklar13
Fri Jul 10, 2015 9:34 pm
Forum: Personal Investments
Topic: 401k review
Replies: 2
Views: 1409

Re: 401k review

If your wife has access to the same low cost funds, then allocating her accounts the same way is fine. Otherwise, look at all of your accounts as one portfolio and use the same AA across the whole portfolio using the lowest cost funds available. For example, if her account only has a low cost SP500...
by marklar13
Thu Jul 09, 2015 10:00 pm
Forum: Personal Investments
Topic: 401k review
Replies: 2
Views: 1409

401k review

Hi all. Looking for some advice on my 401k allocation. I had a financial advisor pick my funds several years ago and haven't touched them other than auto-rebalancing. My wife's 403b has a very similar make-up, so whatever I decide on here I will likely just apply there as well. We are 30 years old a...
by marklar13
Wed Jul 08, 2015 11:34 pm
Forum: Personal Investments
Topic: Roth IRA conversion advice
Replies: 9
Views: 1391

Re: Roth IRA conversion advice

I don't necessarily think that we will have more income in retirement. However, I figured it would be a good idea to have a better mix of pretax and non-pretax dollars just in case. Currently our pretax ira and 401k accounts dwarf the Roth accounts and that disparity will only be getting bigger. I w...
by marklar13
Wed Jul 08, 2015 10:22 pm
Forum: Personal Investments
Topic: Roth IRA conversion advice
Replies: 9
Views: 1391

Re: Roth IRA conversion advice

Thanks for all the advice. To be honest, at the time that I created those rollover accounts I didn't even know what a Roth conversion was (and I'm just learning the finer points now). One I rolled over to move to a vanguard account where I'd have access to the funds I wanted. The other one went to o...
by marklar13
Wed Jul 08, 2015 5:19 pm
Forum: Personal Investments
Topic: Roth IRA conversion advice
Replies: 9
Views: 1391

Re: Roth IRA conversion advice

Thanks for the info. I'll check out the material you mentioned.
by marklar13
Wed Jul 08, 2015 12:28 pm
Forum: Personal Investments
Topic: Roth IRA conversion advice
Replies: 9
Views: 1391

Roth IRA conversion advice

I'm looking for some advice on if a roth IRA conversion would be beneficial for us, and if so how best to perform it. Here is our situation. The eligible accounts that we have are: Rollover IRA from previous 401k Rollover IRA from my wife's previous job Current 403b for my wife's job. She is likely ...