Search found 888 matches

by exigent
Wed Dec 12, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: reasons to avoid indirect HSA rollover?
Replies: 20
Views: 1478

Re: reasons to avoid indirect HSA rollover?

Also, It appears, given that these distributions occurred yesterday and today, that I can just send them back as mistaken distributions. IRS rules allow a distribution to be returned if it is "the result of a mistake of fact due to reasonable cause". I relied on the facts presented in Pub. 969 whic...
by exigent
Tue Dec 11, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: reasons to avoid indirect HSA rollover?
Replies: 20
Views: 1478

Re: reasons to avoid indirect HSA rollover?

Thankfully, Optum doesn’t have a similarly low limit. I was just able to pull out $33k in one shot. Otherwise it would have close to 2 weeks (or over two weeks, if limit it per business day) to get it done.
by exigent
Tue Dec 11, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: reasons to avoid indirect HSA rollover?
Replies: 20
Views: 1478

Re: reasons to avoid indirect HSA rollover?

An indirect rollover by definition is a normal distribution followed by a rollover contribution. No specific coding is required on the distribution. The contribution must be coded as a rollover or it will be treated as a normal contribution using up the contribution limit or be an excess contributi...
by exigent
Tue Dec 11, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

The Fidelity estimate of completion on 12/10 was spot-on, I can report completion of the transfer as of today. The fact that they are so consistently accurate makes me wonder if they overestimate the completion date, and then just sit on the money if they receive it ahead of time. They could pick u...
by exigent
Tue Dec 11, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: reasons to avoid indirect HSA rollover?
Replies: 20
Views: 1478

reasons to avoid indirect HSA rollover?

Hi all, Aside from the slight hassle and the once-per-12-months limit on such transactions, are there any good reasons to avoid doing an indirect HSA rollover? For those of us with employer-based HSAs and a desire to hold the funds elsewhere, this will be an ongoing thing. My current plan is to swee...
by exigent
Tue Dec 11, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: hotel booking
Replies: 14
Views: 971

Re: hotel booking

You can always grab the free cancellation rate now and then put a reminder in your calendar to check back closer to the date and cancel/re-book if advantageous. In this case, you can always opt into the no-cancellation rate closer to the date of travel if that’s the better option at that point. Of ...
by exigent
Tue Dec 11, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: hotel booking
Replies: 14
Views: 971

Re: hotel booking

You can always grab the free cancellation rate now and then put a reminder in your calendar to check back closer to the date and cancel/re-book if advantageous. Setting aside your concerns over the cancellation policy, I’ve saved a lot of money by cancelling and re-booking in the past. Sometimes hot...
by exigent
Tue Dec 11, 2018 7:31 am
Forum: Personal Investments
Topic: Taxable or Tax-Exempt Bonds
Replies: 20
Views: 1480

Re: Taxable or Tax-Exempt Bonds

sambb wrote:
Mon Dec 10, 2018 9:15 pm
fairly low tax bracket for tax exemtp until marginal rate is 30s
But if you do the math, you will see that tax-exempt can make sense even in the 22% bracket.

What are you basing your statement on? Conventional wisdom?
by exigent
Mon Dec 10, 2018 8:58 pm
Forum: Personal Investments
Topic: Taxable or Tax-Exempt Bonds
Replies: 20
Views: 1480

Re: Taxable or Tax-Exempt Bonds

For simplicity, I would probably lump CDs and bond together. Not technically correct, but they are both “safe,” income producing assets so they serve a similar purpose for you. Yes, CDs are safer and likely to return less on average vs. bonds but for the sake of simplicity, I would count it like tha...
by exigent
Mon Dec 10, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: What if you reach your number before retirement?
Replies: 22
Views: 3669

Re: What if you reach your number before retirement?

quantAndHold wrote:
Mon Dec 10, 2018 5:51 pm
We plan for the future, then take what comes.
Wise words. This should be on a Bogleheads t-shirt.
by exigent
Mon Dec 10, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: Is this normal for an HOA?
Replies: 95
Views: 8957

Re: Is this normal for an HOA?

You belong to an HOA. When you bought the property, you became a part of it. Unless the declarations, covenants or state law specifically prohibits it, yes they can ask for and get that type information. This type of information is commonly gathered by HOAs. I think it might be more accurate to say...
by exigent
Mon Dec 10, 2018 9:08 am
Forum: Personal Investments
Topic: retirement contributions and tax diversification
Replies: 7
Views: 1119

Re: retirement contributions and tax diversification

If you choose to have no idea of a retirement tax bracket, you could - go 100% traditional because that will be best for most, or - go 50/50 because that way you won't be more than 1/2 wrong. Great discussion, all. I really appreciate the feedback. I think the second bullet above probably applies.....
by exigent
Sun Dec 09, 2018 8:47 pm
Forum: Personal Investments
Topic: Taxable or Tax-Exempt Bonds
Replies: 20
Views: 1480

Re: Taxable or Tax-Exempt Bonds

Vanguard’s Intermediate Tax Exempt Fund (VWIUX; admiral shares) currently has an SEC yield of 2.73%, which is the equivalent of 3.5% for those in the 22% tax bracket. In contrast, VBTLX is at 3.35%. Both have similar durations, though VWIUX is actually a bit lower (5.4 vs 5.9 years). So even if you’...
by exigent
Sun Dec 09, 2018 8:10 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I sent Fidelity a secure message yesterday requesting reimbursement of the $25 fee imposed by HSA Bank when I transferred my HSA. I included a pdf showing the fee deduction prior to them emptying my account to send the funds to Fidelity. Today, I received a reply saying that they’ve forwarded my req...
by exigent
Sun Dec 09, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 60
Views: 5121

Re: Vanguard Individual 401K now offering Admiral funds

That is correct. TIPS and other active managed funds with 50K minimum for admiral shares are still not allowed to be converted in i401K accounts. This is another one of the Vanguard quirks. In other words, Vanguard is still not looking at how much money you have to invest when it comes to i401k pla...
by exigent
Sun Dec 09, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 60
Views: 5121

Re: Vanguard Individual 401K now offering Admiral funds

Unfortunately, we have four funds in our two i401(k)s. Mine was all TIPS. Hers was TIPS, small value, and international small. The SV was converted. The TIPS cannot (even if you have $50K in it in the i401(k)). And there still aren't admiral shares for International small. As I recall, that's actua...
by exigent
Sun Dec 09, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Skipping last COBRA payment
Replies: 25
Views: 2611

Re: Skipping last cobra payment

I received the same advice from both: sign up for cobra but hold off on making the payment. Or maybe it was to hold off on signing up in the first place, as the coverage is retroactive. I can’t recall for sure. But I had 30-60 days to do so, and if I didn’t then my coverage would lapse effective th...
by exigent
Sun Dec 09, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Skipping last COBRA payment
Replies: 25
Views: 2611

Re: Skipping last cobra payment

Years ago, I had a gap of about a month between a job and starting grad school in another state. My grad program didn’t provide health benefits, so the plan was to pick up a major medical policy once I had relocated. This left me with a short gap during which I would have otherwise been uninsured. I...
by exigent
Sat Dec 08, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: Difference between Fidelity Total Bond & US Bond Index
Replies: 6
Views: 594

Re: Difference between Fidelity Total Bond & US Bond Index

FXNAX tracks the aggregate performance of US bonds, where FTBFX looks like it adds international exposure as well as added exposure to lower quality issues. So you’re comparing apples and oranges. The risk profiles are presumably quite different. If you’re primarily judging your investments based o...
by exigent
Sat Dec 08, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Difference between Fidelity Total Bond & US Bond Index
Replies: 6
Views: 594

Re: Difference between Fidelity Total Bond & US Bond Index

FXNAX tracks the aggregate performance of US bonds, where FTBFX looks like it adds international exposure as well as added exposure to lower quality issues. So you’re comparing apples and oranges. The risk profiles are presumably quite different. If you’re primarily judging your investments based on...
by exigent
Fri Dec 07, 2018 8:57 pm
Forum: Personal Investments
Topic: A 403b, Drifting At Sea
Replies: 6
Views: 654

Re: A 403b, Drifting At Sea

We'd like to move her Fidelity 403b into her existing Vanguard Roth IRA. Is this even possible to do? How would we go about it? We'd have to pay taxes on the $50k, right ? What else should I be thinking about? :confused At the very least, if you are getting nicked for fees, you should roll it into ...
by exigent
Fri Dec 07, 2018 8:35 pm
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 13139

Re: Who else is getting excited?

tea_pirate wrote:
Thu Dec 06, 2018 6:34 am
I counted about 10 separate days in 2018 that one could have bought VTI at current prices. I don't remember being particularly excited to buy at any of those times.
This is a powerful perspective. It's too easy to get caught up in the news of the day.
by exigent
Fri Dec 07, 2018 8:34 pm
Forum: Personal Investments
Topic: retirement contributions and tax diversification
Replies: 7
Views: 1119

retirement contributions and tax diversification

Hey all. We're currently in the 22% tax bracket and have access to a multitude of retirement options through my employer. This includes a mandatory 6% to a defined contribution plan (plus employer match; held at Fidelity) as well as access to both a 403(b) and a governmental 457(b) plan. Both of the...
by exigent
Thu Dec 06, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Just a quick update on the status of my transfer from HSA Bank to Fidelity... Nov 17 - Submitted scanned version of signed ToA paperwork via secure message Nov 21 - Transfer Tracker was updated saying that they had received and were processing paperwork Nov 21 - Transfer Tracker was updated saying ...
by exigent
Thu Dec 06, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 30
Views: 2351

Re: Whoops, thought wife's tIRA was Roth...help!

kaneohe wrote:
Thu Dec 06, 2018 7:58 am
Do the monthly statements reflect the incorrect nature of the account? I guess it would have been easier to fix a decade ago?
Clearly. And the best time to plant a tree was 20 years ago. The second best time is now.
by exigent
Thu Dec 06, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 30
Views: 2351

Re: Whoops, thought wife's tIRA was Roth...help!

It appears there may have been a clerical error at Scottrade in 2006 which has carried over. We never opened a traditional IRA nor agreed to convert from Roth to tIRA (why would anyone ever do that anyway!?!?!). We have contacted account maintenance at TD Ameritrade . Hopefully they make this right...
by exigent
Wed Dec 05, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: How far back can HSA Expenses go?
Replies: 14
Views: 1588

Re: How far back can HSA Expenses go?

Am I thinking about this correctly? Yes. The medical expenses have to be incurred on or after the day you originally opened your HSA. You can save those receipts for years. On or after the date that you opened an HSA, or the particular one where your funds reside? My recent switchover from HSA Bank...
by exigent
Tue Dec 04, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: Regarding iPhone. Is there an app for day vs night?
Replies: 13
Views: 1342

Re: Regarding iPhone. Is there an app for day vs night?

Off topic, but this phenomenon of increased confusion late in the day for dementia sufferers is known as "sundowning." You might already be familiar with the term but, if not, I thought it might give you something to search for/read about. It happened with my dad, and is now happening with my mom. I...
by exigent
Thu Nov 29, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Just a quick update on the status of my transfer from HSA Bank to Fidelity... Nov 17 - Submitted scanned version of signed ToA paperwork via secure message Nov 21 - Transfer Tracker was updated saying that they had received and were processing paperwork Nov 21 - Transfer Tracker was updated saying t...
by exigent
Mon Nov 26, 2018 11:02 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Just wanted to share that I sent a secure message to Fidelity via their web interface re: fee reimbursement. Based on their response I can confirm that: (a) they will reimburse transfer fees for amounts of $25k or larger, and (b) the reimbursement is *not* considered a contribution. Others have said...
by exigent
Mon Nov 26, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 60
Views: 5121

Re: Vanguard Individual 401K now offering Admiral funds

I just opened a Fidelity SE 401(k) so I can roll my SEP into it. I prefer Vanguard because I have my other IRA's with them, but I'm torn whether to stay with Fidelity (probably) vs transferring everything in a year or two to Vanguard. Fidelity now offers some funds with 0% expense ratios. Not sure ...
by exigent
Mon Nov 26, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Is today a bad time to rebalance?
Replies: 18
Views: 2355

Re: Is today a bad time to rebalance?

Hey, if you wait, you might get “lucky” and ride stocks down to a point where you no longer need to rebalance... /s As others have noted, nobody knows the future. You asked “should I hold off since stocks are on a downward trend.” Let’s imagine that you *do* know the future, and are correct that sto...
by exigent
Thu Nov 22, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Yes. They will reimburse it inside the HSA. The Fidelity rep was great, and we discussed all the specifics. She said that after the transfer I can call and give them my permission to reimburse the fee. She said that it sounds funny, but they are required to get the customer's permission to credit t...
by exigent
Thu Nov 22, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Have an Optum HSA through my employer. This thread has got me considering opening up one at Fidelity. As I don't have my per paycheck contribution maxed out, I can take the balance up to the max for this year and put it in Fidelity. For now I need to use the Optum account to get my employer contrib...
by exigent
Tue Nov 20, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I emailed BenefitWallet, and they wrote back that a Trustee-Trustee transfer will cost $25. I am not sure if this is accurate, but plan to transfer to Fidelity early next year. Please let us know how your transfer goes. Overall I am happy with BenefitWallet, and $2.90/month is not too terrible, but...
by exigent
Tue Nov 20, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I emailed BenefitWallet, and they wrote back that a Trustee-Trustee transfer will cost $25. I am not sure if this is accurate, but plan to transfer to Fidelity early next year. Please let us know how your transfer goes. Overall I am happy with BenefitWallet, and $2.90/month is not too terrible, but...
by exigent
Tue Nov 20, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Note: I am in your situation with my employer. My employer uses Optum HSA. I am not going to close this account - because I would miss the $650 that my employer gives me for choosing to have a high deductible health care plan. I also want my contributions to go through payroll so they are not subje...
by exigent
Mon Nov 19, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I took the plunge and opened my Fidelity account today. My employer uses HSA bank as custodian. I am going to mail the pre-filled Fidelity form and transfer most of my current cash balance. If this works, I will liquidate my investments and transfer them to fidelity, and will plan to do this once a...
by exigent
Sun Nov 18, 2018 11:36 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I submitted my transfer form along with statements as a message to Fidelity yesterday, and today they responded that it was being processed. The form does not have to be mailed. Just to clarify, you attached the form and the statement from your old provider to a secure message (under Customer Servi...
by exigent
Fri Nov 16, 2018 9:35 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Does anyone know if there would be a charge to have Fidelity pull (transfer) money from my Optum HSA account? I have a Optum HSA account that I need to keep open - since my employer uses it to deposit money from my paycheck. I know Optum would charge me $25 if they initiated the transfer. But I am ...
by exigent
Fri Nov 16, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Incompetent home inspector - what to do?
Replies: 52
Views: 5265

Re: Incompetent home inspector - what to do?

This sounds fishy. I wonder if they buyers got cold feet and the inspector hammed up the report on their behalf. The "faults" you say the inspector found might prompt me to ask for a remedy, but they wouldn't make me walk away. To add insult to injury you might have to disclose this inspection next...
by exigent
Fri Nov 16, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Okay, I just tried the same thing. Hopefully it works, as it saves me a stamp and a walk to the mailbox... Will update when I know more. Edit to add: Got the confirmation email saying they've received my message and it included the following caveat... "Please note: We are unable to act on any money...
by exigent
Fri Nov 16, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I submitted my transfer form along with statements as a message to Fidelity yesterday, and today they responded that it was being processed. The form does not have to be mailed. Just to clarify, you attached the form and the statement from your old provider to a secure message (under Customer Servi...
by exigent
Thu Nov 15, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Good info, exigent! Any way to avoid the $25 account closure fee from HSA Bank? I’m really not sure. I’m assuming that having Fidelity pull the full balance over will trigger account closure and the fee. I’ve decided that it’s not worth the trouble trying to work around it. One possibility would be...
by exigent
Thu Nov 15, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Not sure if this is general knowledge or not, but I thought I'd save you guys some time on the phone... There is space on the Fidelity ToA form for a Medallion signature guarantee, and it says to check with both Fidelity and the current custodian to see if it's needed. I just called HSA Bank and was...
by exigent
Thu Nov 15, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

What are the options to "return" the form? Snail mail only? Or fax? Or scan and email, or secure message? I don’t have it in front of me right now, but I think it’s a mail-in form, without electronic options. Wow. That kind of hassle factor could be a deal breaker for me. It's a bigger issue than t...
by exigent
Thu Nov 15, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

b0B wrote:
Thu Nov 15, 2018 9:35 am
What are the options to "return" the form? Snail mail only? Or fax? Or scan and email, or secure message?
I don’t have it in front of me right now, but I think it’s a mail-in form, without electronic options.
by exigent
Thu Nov 15, 2018 9:01 am
Forum: Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5396

Re: Oops! Edward Jones tops Vanguard in customer survey

Hey, Vanguard sent me a free coffee mug once. That's gotta be worth something... Right?!?!?
by exigent
Thu Nov 15, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Anyone brave enough to just open one anyway? (It looks like just a few clicks if you already have a Fidelity login account.) Anyone gone through the process of transferring HSA funds into Fidelity? The consumer-level accounts are new, but they’ve had employer plans for awhile now so hopefully someo...
by exigent
Thu Nov 15, 2018 8:09 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Anyone brave enough to just open one anyway? (It looks like just a few clicks if you already have a Fidelity login account.) Thanks for the links. I took you up on your challenge and opened an account. Still not sure where the fee waiver kicks in, though. We’re well above any reasonable threshold s...