Search found 3736 matches

by Artsdoctor
Mon Jan 21, 2019 2:11 pm
Forum: Personal Investments
Topic: Employer offering HDHP but no HSA!
Replies: 12
Views: 1169

Re: Employer offering HDHP but no HSA!

You can check out the Finance Buff. He describes it beautifully:

https://thefinancebuff.com/not-all-high ... gible.html
by Artsdoctor
Mon Jan 21, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: Tell me your HSA strategy/advice
Replies: 52
Views: 4887

Re: Tell me your HSA strategy/advice

In light of the current HSA transfer activity into Fidelity, there’s been a bunch of HSA threads here lately. Mine is about AA. For those that are say, within 5 years or less of Medicare, what is your HSA strategy? My question comes as a result of rethinking my HSA-specific AA. I normally treat our...
by Artsdoctor
Mon Jan 21, 2019 1:51 pm
Forum: Personal Investments
Topic: Employer offering HDHP but no HSA!
Replies: 12
Views: 1169

Re: Employer offering HDHP but no HSA!

I have always respected HR professionals, and a superb HR expert is worth his/her weight in gold. However, like any profession, there are some that are better than others. I'm very skeptical that your insurance company is stating the HSA compatibility incorrectly. I'm not an insurance expert, but ev...
by Artsdoctor
Sun Jan 20, 2019 6:55 pm
Forum: Personal Investments
Topic: Muni Bonds for large part of Bond allocation smart?
Replies: 27
Views: 2688

Re: Muni Bonds for large part of Bond allocation smart?

Others will disagree, but I personally have had no reservations investing a large portion of my fixed income in municipal bonds. We're also in a very high marginal tax rate from both a federal and state perspective, so tax-exempt bonds are important for our portfolio. I have not used your specific E...
by Artsdoctor
Sun Jan 20, 2019 6:44 pm
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 3117

Re: How do you keep a calendar?

letsgobobby wrote:
Sat Jan 19, 2019 4:43 pm
What do people mean by layers and multiple color codes?
Sorry. I didn't read the whole thread.

This is under My Calendars. You can name multiple Calendars and assign them different colors in order to view them at a glance. It's on the left side of the calendar.
by Artsdoctor
Sun Jan 20, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 3117

Re: How do you keep a calendar?

I’ve been using Google Calendar for the last year. It works, but I need something different. What I really want is an app that lets me choose a single page “full year” view and then print it. I created a Google Sheets spreadsheet which works - Months on the left column, Repeating days of the week a...
by Artsdoctor
Sun Jan 20, 2019 5:47 pm
Forum: Personal Investments
Topic: Vanguard's Dividend Reinvestment Program?
Replies: 19
Views: 2010

Re: Vanguard's Dividend Reinvestment Program?

It really depends on the kind of investor you are. I try to automate as much as possible so dividends are reinvested. Our purchases in taxable are set up quarterly, on the quarters dividends aren't paid. My experience has been the fewer decisions I make the better the returns are. Some people direc...
by Artsdoctor
Fri Jan 18, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Capital gains on house sale
Replies: 16
Views: 1236

Re: Capital gains on house sale

Hi, I’m trying to understand the new tax rules on capital gains. If you make less than a certain amount of income, I saw the capital gains is 0%? Does that income count the profit in the capital gains itself? For instance, my parents are retired- mom collects 1100 monthly and dad $600 monthly (he’s...
by Artsdoctor
Fri Jan 18, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Capital gains on house sale
Replies: 16
Views: 1236

Re: Capital gains on house sale

Hi, I’m trying to understand the new tax rules on capital gains. If you make less than a certain amount of income, I saw the capital gains is 0%? Does that income count the profit in the capital gains itself? For instance, my parents are retired- mom collects 1100 monthly and dad $600 monthly (he’s...
by Artsdoctor
Wed Jan 16, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: IRS to lower 2018 safe harbor withholding threshold to 85% [2018 only]
Replies: 27
Views: 3553

Re: IRS to lower 2018 safe harbor withholding threshold to 85%

You might want to change the title to "IRS to lower safe harbor withholding threshold to 85% for 2018 only" since it's a one-time deal. They realize that the withholding tables were hopelessly optimistic and just plain wrong for a lot of people, and this is an attempt to reduce the ire. The IRS rare...
by Artsdoctor
Wed Jan 16, 2019 5:46 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 49189

Re: John Bogle is dead at 89

What a full and rewarding life! It appears that he was really doing what he loved up until he passed away, which is a remarkable feat for anyone. The investing community has benefited so greatly from this remarkable man.
by Artsdoctor
Wed Jan 16, 2019 2:24 pm
Forum: Personal Investments
Topic: Fidelity Four in One Fund for a Starter
Replies: 7
Views: 540

Re: Fidelity Four in One Fund for a Starter

Agreed, seems like a very sensible choice, and a reasonable stock allocation given her age. Kind of out of topic but, calling that a "four-fund" portfolio is kind of a stretch though :D I agree with the misnomer. Regarding the Freedom Index funds, it's just a matter of whether or not you want a gli...
by Artsdoctor
Wed Jan 16, 2019 2:20 pm
Forum: Personal Investments
Topic: 37% marginal tax rate --> does Roth 401k make sense?
Replies: 33
Views: 2208

Re: 37% marginal tax rate --> does Roth 401k make sense?

I'd find it hard to justify using a Roth 401k over a traditional 401k in the highest marginal tax bracket. You can't predict future tax rates, but it seems unlikely you'd benefit much in the future, and it'd probably cost you more to use a Roth now.
by Artsdoctor
Wed Jan 16, 2019 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Owned By Revocable Living Trust
Replies: 15
Views: 979

Re: Auto Owned By Revocable Living Trust

I can't speak for Pennsylvania's idiosyncrasies but it's easy here in California to buy a car and put it in a trust (trusts are commonly used here). The only thing you really want to avoid is buying a car and putting it only in one person's name (such as one spouse) because it could delay the sale o...
by Artsdoctor
Wed Jan 16, 2019 2:13 pm
Forum: Personal Investments
Topic: stuck forever in alternative funds after tax loss harvesting?
Replies: 12
Views: 649

Re: stuck forever in alternative funds after tax loss harvesting?

Back in 2009, I exchanged VTSAX into VLCAX and also IJS into VBR. I'm stuck in VLCAX and VBR which is just fine with me. I did nothing with that VLCAX and VBR. I have not added to them and I have not reinvested dividends. I collect the dividends and spend them or invest them elsewhere. It does not ...
by Artsdoctor
Wed Jan 16, 2019 1:52 pm
Forum: Personal Investments
Topic: Fidelity Four in One Fund for a Starter
Replies: 7
Views: 540

Re: Fidelity Four in One Fund for a Starter

I think Fidelity's Four-In-One fund would be excellent for her.
by Artsdoctor
Tue Jan 15, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6681

Re: A co-worker makes more than me

There is a reason why employers do not want you sharing your salary with other colleagues. Because it gives the workers power! Employers will almost always pay you the least amount possible to keep you there. There's very little incentive for them to pay more. Most of the time, people leave jobs an...
by Artsdoctor
Tue Jan 15, 2019 6:02 pm
Forum: Personal Investments
Topic: Retirement accounts maxed out, what to do with extra cash?
Replies: 32
Views: 2090

Re: Retirement accounts maxed out, what to do with extra cash?

You may have mentioned this above but I didn't catch it: You want to retire in 10 years and you have a mortgage. You're toying with moving to Germany but are not sure. You are not itemizing so you're mortgage interest will not be deductible. I'm not sure you could go wrong with having the mortgage p...
by Artsdoctor
Tue Jan 15, 2019 5:56 pm
Forum: Personal Investments
Topic: Vanguard Balanced Index Admiral vs LS Mod Growth>
Replies: 16
Views: 1084

Re: Vanguard Balanced Index Admiral vs LS Mod Growth>

Thanks, maybe I am reading it wrong, but it looks like LS fund has outperformed the Balanced fund since inception? Correct me if I am not reading correctly. As dodecahedron has explained, this is faulty logic. Looking backwards is rarely helpful. Most importantly, the two funds are very different. ...
by Artsdoctor
Tue Jan 15, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6681

Re: A co-worker makes more than me

First of all, what is your proof? Second, are you comparing hourly wages versus salary? Third, are you talking a difference in paychecks only? Are you sure you're taking into account any difference in exemptions or deductions? If you approach your boss with this topic, you had better make sure that ...
by Artsdoctor
Tue Jan 15, 2019 5:45 pm
Forum: Personal Investments
Topic: Bonds vs. CDs
Replies: 31
Views: 1934

Re: Bonds vs. CDs

The Finance Buff just posted on this. He's always very balanced and I think you'll find the blog timely and helpful:

https://thefinancebuff.com/cd-vs-bond-f ... later.html
by Artsdoctor
Sun Jan 13, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2206

Re: What's your experience upgrading to Quicken 2018 or 2019?

I had been using 2012 Deluxe and upgraded his month. Quicken offered a 2-year subscription for $59 and the upgrade could not have been easier.
by Artsdoctor
Sat Jan 12, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 State Tax Refunds Federally Taxable in 2018!!!
Replies: 21
Views: 3177

Re: 2017 State Tax Refunds Federally Taxable in 2018!!!

^ Strictly speaking, NowWhat is right. There is a formula for those subject to the AMT getting a state tax refund and how it is taxed. TurboTax could do that for you in the past, and it would most likely be able to do it for you this year although I've not tried it. Practically speaking, it would be...
by Artsdoctor
Sat Jan 12, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 96
Views: 11629

Re: It was a dip. Did you notice? The December drop is over.

^ You are such a trouble maker.

And knowing how meticulous you are with your English syntax, you must be laughing hysterically that people are debating that the "December drop is over": of course it is, since we're in January . . .
by Artsdoctor
Sat Jan 12, 2019 6:24 pm
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 74
Views: 6833

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

What Vanguard as an institution says and what Vanguard administrators do are two different things. It's true that LifeStrategy funds have a 40% international stake in the equity portion of the fund, but there are many, many interviews with multiple Vanguard advisors, administrators, and veterans who...
by Artsdoctor
Sat Jan 12, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: How did you solve the pre-medicare healthcare riddle?
Replies: 81
Views: 5750

Re: How did you solve the pre-medicare healthcare riddle?

BH: I would really like to hear some real-life examples of anyone who retired or semi-retired PRE MEDICARE and how they funded healthcare. This assumes you do not have a healthcare agreement with a prior employer. The most obvious solution is one of two spouses taking a job FT or PT primarily for t...
by Artsdoctor
Sat Jan 12, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 State Tax Refunds Federally Taxable in 2018!!!
Replies: 21
Views: 3177

Re: 2017 State Tax Refunds Federally Taxable in 2018!!!

$8700 seems like quite a large state income tax overpayment and refund... It is, but it happened to me last year because I made a large, unexpected DAF contribution the last week of December in response to tax law changes. I don't know enough about AMT to be able to answer OP's question. He might b...
by Artsdoctor
Sat Jan 12, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: TIPS Ladder Spreadsheets in General & Two in Particular
Replies: 58
Views: 16108

Re: TIPS Ladder Spreadsheets in General & Two in Particular

Gulf, I had forgotten about this thread, but I remember when #Cruncher's spreadsheet first became available. In a relatively short period of time, I build a TIPS ladder that would take me from 65-85 in the vein of a Liability Matching Portfolio as previously described. I'm 60 and the TIPS ladder mak...
by Artsdoctor
Sat Jan 12, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Should I Keep Financial Records of Deceased Relatives
Replies: 20
Views: 1443

Re: How Long Should I Keep Financial Records of Deceased Relatives

I keep the valuation reports as of the date of death for the securities transferred to the beneficiaries of the estate in case one of them needs information for stepped up basis. They received this when the transfers were made but these reports are small so not a big deal to retain in case they mis...
by Artsdoctor
Sat Jan 12, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 103
Views: 5871

Re: Any thoughts on the role of Gold in your portfolio?

Personally, I view gold as a speculative play. It has no earnings and I do not invest in anything which would have no hope of earnings. There are commodities traders who would disagree, of course.
by Artsdoctor
Wed Jan 09, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity vs. Lively HSA
Replies: 15
Views: 1967

Re: Fidelity vs. Lively HSA

Any point in saving the receipts vs the credit card transaction? Is it ultimately for the IRS in case of audit? Why even print and scan if you can take screenshots and upload to cloud? Why even bother at all, I think I'd prefer the dedicated CC route. The least BS from my point of view. When it com...
by Artsdoctor
Tue Jan 08, 2019 4:32 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Does The Bucket Approach Destroy Wealth?
Replies: 58
Views: 6483

Re: Larry Swedroe: Does The Bucket Approach Destroy Wealth?

I'm not too surprised that the bucket approach did worse, although I'm surprised by how often it "failed," according to the models. In real life, I'm sure that retirees would adapt as their portfolios dwindled down, and they would adjust their spending accordingly. This would probably constitute a "...
by Artsdoctor
Fri Jan 04, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody use Vanguard Advantage do you need 1 million to avoid fees?
Replies: 23
Views: 3101

Re: Anybody use Vanguard Advantage do you need 1 million to avoid fees?

Ditto above for b4real, although the routing number for our Advantage Account is BNY Mellon. We've had no problems whatsoever and have it linked to multiple accounts. The settlement fund is not something you can choose: it's the Federal Money Market fund. Perhaps they don't have a large staff, I don...
by Artsdoctor
Fri Jan 04, 2019 4:05 pm
Forum: Personal Investments
Topic: Interesting error: Vanguard taxable brokerage account settlement fund accrued dividend stalled IRA contribution
Replies: 7
Views: 601

Re: Interesting error: Vanguard taxable brokerage account settlement fund accrued dividend stalled IRA contribution

I learned a long time ago to stop running things down to the wire. It's inevitable that December 31 and January 2 would be two dates with a higher than normal likelihood of unexpected consequences where something might go wrong. I've also learned to not zero out settlement funds because of accumulat...
by Artsdoctor
Mon Dec 31, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Help with RMD
Replies: 30
Views: 2326

Re: Help with RMD

I think that the 59-1/2 and 70-1/2 question remains a mystery. From what I could find, the 1/2 year description first surfaces when the tax-deferred accounts were originated. How or why, let alone the conversations leading up to the decision, remain unknown. I'm sure that somewhere the answer can be...
by Artsdoctor
Sun Dec 30, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: Questions for the BH “All Stars”
Replies: 23
Views: 2145

Re: Questions for the BH “All Stars”

^ You do know that it takes longer than 15 minutes for most people to find the bogleheads' wiki, don't you? I wish to add that everyone is very suspicious of anything found on the internet nowadays. I could tell acquaintances that bogleheads.org is the best place on the internet to get unbiased and...
by Artsdoctor
Sat Dec 29, 2018 5:05 pm
Forum: Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4488

Re: What do you do with dividends?

Nearly everything (equity and fixed income dividends) gets dumped into a settlement fund. Each month, I then distribute the dividends to where they're needed most. It's a form of rebalancing, it cuts down on the number of specific lots, it may streamline tax-efficiency, and it never complicates tax-...
by Artsdoctor
Sat Dec 29, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Help with RMD
Replies: 30
Views: 2326

Re: Help with RMD

^ Absolutely. If your RMD is $25,000 and you know you want to make a $5,000 QCD, you can do it after a partial RMD, but you just have to keep track of your tally. If you take the QCD first, then you know exactly where you stand for the year, which is particularly helpful in that first year. However,...
by Artsdoctor
Sat Dec 29, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: QCD, RMD, and Roth conversions
Replies: 36
Views: 1217

Re: QCD, RMD, and Roth conversions

^ This approach may work. It's just that there is also a form for it. There's no harm in calling Schwab.
by Artsdoctor
Sat Dec 29, 2018 12:37 am
Forum: Personal Finance (Not Investing)
Topic: QCD, RMD, and Roth conversions
Replies: 36
Views: 1217

Re: QCD, RMD, and Roth conversions

Slightly different question to the knowledgeable group following this thread: I turn 70 in September and 70.5 in March of the following year. The December 31 balance in my IRA determines my RMD. I'd like to do QCDs of the entire amount of my RMD, but not all to the same charity. Is this possible? I...
by Artsdoctor
Fri Dec 28, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: QCD, RMD, and Roth conversions
Replies: 36
Views: 1217

Re: QCD, RMD, and Roth conversions

The tricky thing to remember is that your first RMD occurs in the YEAR that you turn 70-1/2. If Person A turns 70 on June 1, 2018, any distribution from your IRA in 2018 would count towards an RMD despite the fact that you turn 70-1/2 on December 1, 2018. However, you cannot make a QCD until you ac...
by Artsdoctor
Fri Dec 28, 2018 12:00 pm
Forum: Personal Investments
Topic: taxes roth conversion
Replies: 4
Views: 201

Re: taxes roth conversion

The $15,000 will be added to your adjusted gross income. If you sell a holding in your taxable account at a loss, you can offset any previous gains by that loss; if you have no capital gains, then your adjusted gross income will be reduced by up to $3,000 because of that capital loss.
by Artsdoctor
Fri Dec 28, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: QCD, RMD, and Roth conversions
Replies: 36
Views: 1217

Re: QCD, RMD, and Roth conversions

DIY60: Thanks. It took me a while to actually wrap my head around this because it's not quite obvious from the get-go. I think of it this way. If someone was born on March 1, 1948, they turned 70 on March 1, 2018, and will be 70-1/2 on September 1, 2018. The IRS will say that "you generally have to ...
by Artsdoctor
Fri Dec 28, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: QCD, RMD, and Roth conversions
Replies: 36
Views: 1217

Re: QCD, RMD, and Roth conversions

The RULE is you must take the RMD before doing any Roth conversions. That's the only effect. Wow. That means someone turning 70 in March could do a Roth conversion in January when they are still 69, and then later in the same year they would be prohibited from taking their first RMD. They would hav...
by Artsdoctor
Fri Dec 28, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: QCD, RMD, and Roth conversions
Replies: 36
Views: 1217

Re: QCD, RMD, and Roth conversions

Do companies like Vanguard have safeguards in place to prevent hapless people like me from doing it wrong? So if next Wednesday I contacted Vanguard with the direction to convert some portion of the tIRA to Roth, their computer would kick it out saying, "Nope, take your RMD first!" I'm not sure how...
by Artsdoctor
Thu Dec 27, 2018 6:40 pm
Forum: Personal Investments
Topic: State Muni bond funds: Paying taxes when residing in the corresponding state vs. out-of-state
Replies: 12
Views: 677

Re: State Muni bonds: Paying taxes when residing in the corresponding state vs. out-of-state

^ For funds, it would be very easy to sell the fund if/when you move out of state. If you are extraordinarily apprehensive about selling shares at a capital gain, you can use Specific Lot ID as your cost basis method of shares and liquid shares to your best tax advantage. The same would hold for cap...
by Artsdoctor
Thu Dec 27, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2794

Re: Donor Advised Fund for small donors - my experience

^ Which is one of the reasons I find DAF criticism a bit overwrought. There are some crazy stories out there: millions of stock dollars donated to tiny DAFs with no intention of distributing funds for years/decades, administration fee kick-backs, cash hordes, donation of incredibly illiquid "assets"...
by Artsdoctor
Thu Dec 27, 2018 6:18 pm
Forum: Personal Investments
Topic: State Muni bond funds: Paying taxes when residing in the corresponding state vs. out-of-state
Replies: 12
Views: 677

Re: State Muni bonds: Paying taxes when residing in the corresponding state vs. out-of-state

I own muni bonds in my taxable account (short-term, intermediate-term, long-term). They are exempt from federal taxes. One suggestion I got from the forum was to incorporate state muni bonds (CA for me), which are exempt from both state tax and federal tax. According to what I read about state muni...
by Artsdoctor
Thu Dec 27, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2794

Re: Donor Advised Fund for small donors - my experience

^ In general, a foundation is going to have to distribute about 5% of its assets each year. While you might have a DAF which has a specific rule for its grantors, the vast majority of DAFs have no such rules. That's why Fidelity has earned a few kudos from DAF detractors, because it's attempted to s...
by Artsdoctor
Thu Dec 27, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable contributions as a tax efficiency tool
Replies: 5
Views: 244

Re: Charitable contributions as a tax efficiency tool

I see a few factors that need to be considered in setting up a DAF: 1. Does it make it easier to donate funds that have long term cap gains? Some charities may not be able to easily accept them. 2. Does the DAF allow one to itemize deductions by bunching deductions? 3. Does one donate enough to hit...