Search found 180 matches

by cals400ex
Wed Jul 13, 2016 6:23 pm
Forum: Personal Investments
Topic: In plan roth roll over, and conversion to roth ira
Replies: 8
Views: 1373

Re: In plan roth roll over, and conversion to roth ira

They still haven't told me what the exact management fees are. By law, they are required to disclose this info. However, every time that I ask, they tell me it depends on several variables (amount contributed yearly, portfolio size, how many man hours it takes to manage the account yearly, etc.). Th...
by cals400ex
Wed Jul 13, 2016 12:08 pm
Forum: Personal Investments
Topic: In plan roth roll over, and conversion to roth ira
Replies: 8
Views: 1373

Re: In plan roth roll over, and conversion to roth ira

After just hearing back from the plan administrator, I can NOT do lump sum contributions (they must be payroll deductions). Regarding how much I will contribute each year.....It'll vastly depend on how much I make. Since I'm paid on commission, it varies drastically. I'll make every effort to get up...
by cals400ex
Wed Jul 13, 2016 10:33 am
Forum: Personal Investments
Topic: In plan roth roll over, and conversion to roth ira
Replies: 8
Views: 1373

In plan roth roll over, and conversion to roth ira

I'm in the process of getting all of the fine details for my 401k plan (and since my brother is the owner of the company, I have some ability to make slight adjustments to this plan, if needed). Basic info: 33 years old, single, 28% tax bracket (make around 120-160K total yearly, at two different jo...
by cals400ex
Thu Jul 07, 2016 9:38 am
Forum: Personal Finance (Not Investing)
Topic: HCE [Highly compensated employee]
Replies: 15
Views: 2362

Re: HCE [Highly compensated employee]

I am a dentist, so there are only 4 employees, besides the owner. The two jobs I work at are not related as there are two separate owners. I would be much higher paid than any other employee though bc I'm the only dentist, besides the owner at each job. This 401k plan that I contribute to doesn't ha...
by cals400ex
Wed Jul 06, 2016 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: HCE [Highly compensated employee]
Replies: 15
Views: 2362

HCE [Highly compensated employee]

I currently work two jobs. I make around 75,000 at each job. I only contribute to one 401K plan. I'm not part owner at either job. With me making over 120,000 a year, am I considered a highly compensated employee? Or not, because I make less than 120,000 a year at either job? FYI, I am looking into ...
by cals400ex
Wed Jul 06, 2016 8:09 pm
Forum: Personal Investments
Topic: After-Tax 401K w/ In-Plan Roth conversion vs Taxable
Replies: 26
Views: 4006

Re: After-Tax 401K w/ In-Plan Roth conversion vs Taxable

I know this is an old thread, but it has some good points. However, what is the benefit of converting the after tax 401K money into a Roth IRA, instead of a Roth 401K (if the plan allows for this)? I do a backdoor Roth IRA yearly ($5500 for 2016), btw. In addition, do some of these plans allow you ...
by cals400ex
Wed Jul 06, 2016 5:02 pm
Forum: Personal Investments
Topic: After-Tax 401K w/ In-Plan Roth conversion vs Taxable
Replies: 26
Views: 4006

Re: After-Tax 401K w/ In-Plan Roth conversion vs Taxable

I know this is an old thread, but it has some good points. However, what is the benefit of converting the after tax 401K money into a Roth IRA, instead of a Roth 401K (if the plan allows for this)? I do a backdoor Roth IRA yearly ($5500 for 2016), btw. In addition, do some of these plans allow you t...
by cals400ex
Sat Jul 02, 2016 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 60
Views: 15571

Re: Fidelity 2% CC or Citi double cash card?

I have a 2% fidelity amex and the city double cash. The fidelity card was more difficult to get the money to my bank account. The site was confusing, too. Also, if you directly deposited it into your bank account, you lost some of the cash back rewards. They recently changed the card a bit, but I qu...
by cals400ex
Sat Jul 02, 2016 3:56 am
Forum: Personal Investments
Topic: 3% Matching Per Year via Employer at Vanguard
Replies: 7
Views: 1028

Re: 3% Matching Per Year via Employer at Vanguard

One thing to note, fully understand how the match works. For example, lets say the employer matches your contributions, dollar for dollar, for up to 3 percent of your salary. As an employee, I wouldn't want to max this 401k out early in the year. If I could financially, and did max out the 401k in 8...
by cals400ex
Sat Jul 02, 2016 3:35 am
Forum: Personal Investments
Topic: 3% Matching Per Year via Employer at Vanguard
Replies: 7
Views: 1028

Re: 3% Matching Per Year via Employer at Vanguard

These plans do vary, for sure. My employer offers a 3% non-elective contribution. They put in 3% of our income every pay cycle, regardless if we contribute anything or not. At the end of the year, the employer will have contributed a total of 3% of our income, even if we don't contribute a dime. A m...
by cals400ex
Sat Jul 02, 2016 2:56 am
Forum: Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1579

Re: after tax 401k contributions?

Meaning, I can't roll this over to a roth ira until I'm retired. Or separate from the employer.... Not to hijack this thread, but what does this mean? I have had a pre-tax 401k roll over to a Roth IRA when I left my company. With this new company I opted to do the after tax 401k? If I leave this co...
by cals400ex
Sat Jul 02, 2016 2:55 am
Forum: Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1579

Re: after tax 401k contributions?

I can't do the in-plan roth conversions due to ERISA /non-discrimination testing (from my understanding). Thus, this eliminates the mega backdoor roth option....
by cals400ex
Fri Jul 01, 2016 6:42 pm
Forum: Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1579

Re: after tax 401k contributions?

clydewolf wrote:
cals400ex wrote: Meaning, I can't roll this over to a roth ira until I'm retired.
Or separate from the employer....

Yes, good point!
by cals400ex
Fri Jul 01, 2016 6:40 pm
Forum: Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1579

Re: after tax 401k contributions?

Your plan allows after tax (not roth 401k) contributions but does not allow to roll them over to Roth IRA until retirement age? Most of the suggestions for After tax compared to taxable is to pad up amounts in Roth bracket and thus you are also thinking the same. After tax 401k is better than taxab...
by cals400ex
Fri Jul 01, 2016 1:04 pm
Forum: Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1579

after tax 401k contributions?

I'm curious why this wouldn't be a good idea, in comparison to investing in a taxable account? A few bullet points: I'm 33, single/no kids, and in the 28% tax bracket (I assume I'll be in the same, or lower, during retirement). I have quality, relatively low cost funds in my 401k (~1% fees for the E...
by cals400ex
Thu Jun 30, 2016 9:02 am
Forum: Personal Investments
Topic: lowering 401k management fees...dfa funds avail.
Replies: 4
Views: 521

Re: lowering 401k management fees...dfa funds avail.

Yes, I have previously read info on whitecoatinvestors blog, and I've seen this forum is divided on dfa. I currently have some small value tilt in my 401k. I have no idea if I should keep that or not. One thing I do know, the slightly lower cost vanguard options will save me a bit in fees...
by cals400ex
Wed Jun 29, 2016 7:01 pm
Forum: Personal Investments
Topic: lowering 401k management fees...dfa funds avail.
Replies: 4
Views: 521

lowering 401k management fees...dfa funds avail.

I'm looking for suggestions to lower 401k fees. I have a nice selection of relatively low cost 401k funds. The problem I have is that the company that the 401k is with can't tell me what my management fees are. It is an Ascensus plan with Larson Financial. After directly asking, numerous times, here...
by cals400ex
Tue Jun 28, 2016 11:38 am
Forum: Investing - Theory, News & General
Topic: For those that "buy" during stock market downturns...
Replies: 158
Views: 14264

Re: For those that "buy" during stock market downturns...

When you move from bonds to equities, are you only doing so in the taxable accounts?

What tax consequences come from this? How are you taxed when the bonds are sold?
by cals400ex
Mon Jun 06, 2016 2:20 pm
Forum: Personal Investments
Topic: Auto Loan Vs. Investing
Replies: 36
Views: 3690

Re: Auto Loan Vs. Investing

I'm in a very similar situation ($22k auto loan at 1.75% and I'm in the 28% tax bracket). As a side note, I like the idea of paying the auto loan off with a cash back credit card, but my bank doesn't allow it. How many do? My decision was to split any extra money (after maxing out the 401k and ira, ...
by cals400ex
Sat Jan 16, 2016 11:22 am
Forum: Investing - Theory, News & General
Topic: Who's buyin' today?
Replies: 127
Views: 15888

Re: Who's buyin' today?

Is there a site that calculates moving averages for various funds?
by cals400ex
Fri Jan 15, 2016 9:04 pm
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 9381

Re: Anyone shifting their AA?

Sticking with 80/20 with no plans to change. I did however, about two weeks ago, sell off some of my Roth IRA to pay off my wife's 6.8% student loan debt. It was driving me crazy. Not anymore! I had the same 6.8% student loan debt. There are a few places that are willing to refinance as of more rec...
by cals400ex
Fri Jan 15, 2016 8:15 pm
Forum: Investing - Theory, News & General
Topic: Who's buyin' today?
Replies: 127
Views: 15888

Re: Who's buyin' today?

If I was going to open a total stock market domestic fund in my taxable account for days like today (when the market drops a bit, I'll buy), would an index fund or etf be more convenient/better? As I mentioned, I probably wouldn't be contributing too often, except when the market drops bc I'm in th...
by cals400ex
Fri Jan 15, 2016 7:50 pm
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 9381

Re: Anyone shifting their AA?

Yes. After I make the extra money I am expecting I switch back. That could take one day, two days, or a couple of weeks or more. Some folks call this pure market timing and they would not be wrong. Do you have a tendency to adjust your AA by a few percent or do you just move around a set amount of ...
by cals400ex
Fri Jan 15, 2016 7:28 pm
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 9381

Re: Anyone shifting their AA?

livesoft wrote:I do this and have explicitly put this into my IPS. But I shift back pretty quickly if there are some gains. Otherwise, I lose a lot of money.

When you say you shift back pretty quickly, does that usually mean like a day or two later, a week or two later, etc.?
by cals400ex
Fri Jan 15, 2016 7:03 pm
Forum: Investing - Theory, News & General
Topic: Who's buyin' today?
Replies: 127
Views: 15888

Re: Who's buyin' today?

If I was going to open a total stock market domestic fund in my taxable account for days like today (when the market drops a bit, I'll buy), would an index fund or etf be more convenient/better? As I mentioned, I probably wouldn't be contributing too often, except when the market drops bc I'm in the...
by cals400ex
Tue Jan 05, 2016 6:02 pm
Forum: Personal Investments
Topic: Can I deduct my 2015 Roth IRA losses?
Replies: 2
Views: 453

Can I deduct my 2015 Roth IRA losses?

I had a market loss of over 2k with my Roth IRA (target retirement 2040 VFORX). This is my only retirement account right now. I wasn't sure exactly how this worked with the basis. My account balance is about $42k and my income in 2015 was around $150k. I did put in $5500 using the backdoor method in...
by cals400ex
Sun Jan 03, 2016 12:51 pm
Forum: Personal Investments
Topic: How long to or do(did) you wait(ed) to backdoor non-deduct T-IRA to R-IRA
Replies: 11
Views: 1471

Re: How long to or do(did) you wait(ed) to backdoor non-deduct T-IRA to R-IRA

Can you make the contribution on a weekend (Sunday, for example) and then do the roth conversion on the following day (Monday)?
by cals400ex
Fri Dec 25, 2015 10:36 am
Forum: Personal Investments
Topic: Market timing
Replies: 19
Views: 2481

Re: Market timing

Lump sum - Usually about 1/3 to 1/2 soon and the rest automated over 6 to 9 months. If the market is at or near highs (like now) less lump and longer DCA. If the market is low more lump and shorter DCA. Oh and if the market takes a big dip add more to the DCA that month. Sorry for the silly questio...
by cals400ex
Thu Dec 24, 2015 2:12 pm
Forum: Personal Investments
Topic: solo 401k, or continue with company 401k?
Replies: 8
Views: 842

Re: solo 401k, or continue with company 401k?

I guess one thing that I forgot to mention is that my company pays a 3% contribution to the 401k based off of yearly wages, regardless if I contribute anything or not. Plus, they do offer profit sharing. I was told that I would be able to invest ~$4400 yearly more due to this profit sharing. I'm not...
by cals400ex
Thu Dec 24, 2015 9:20 am
Forum: Personal Investments
Topic: solo 401k, or continue with company 401k?
Replies: 8
Views: 842

Re: solo 401k, or continue with company 401k?

It sounds like it might make sense to stay with the company 401k.
by cals400ex
Wed Dec 23, 2015 7:37 pm
Forum: Personal Investments
Topic: solo 401k, or continue with company 401k?
Replies: 8
Views: 842

Re: solo 401k, or continue with company 401k?

I would be the only employee. Are you saying that it would make sense to max out the 401k at my first job and then make employer contributions to the solo 401k? If I contributed only to the solo 401k, would that decrease my net compensation (bc 18K would be tax deferred), meaning, my eligible employ...
by cals400ex
Wed Dec 23, 2015 3:10 pm
Forum: Personal Investments
Topic: solo 401k, or continue with company 401k?
Replies: 8
Views: 842

solo 401k, or continue with company 401k?

I am a dentist that works two jobs. I am an employee at both jobs. I'm looking for ways to invest more than 18K (plus backdoor roth) in tax advantaged space. My brother is the owner of the business for one of my jobs. If I was paid as in independent contractor instead of an employee, I could open up...
by cals400ex
Sun Dec 20, 2015 12:50 pm
Forum: Investing - Theory, News & General
Topic: Would you use DFA funds, if available?
Replies: 13
Views: 1517

Re: Would you use DFA funds, if available?

I don't have a problem sticking to a plan, even if I'm down. I'd prefer to buy more shares when the fund(s) is down. This tolerance for risk is greater now (even if I'm losing at times, I can still sleep at night) and this will likely change as I age. I'm playing around with the mornistar x-ray tool...
by cals400ex
Sun Dec 20, 2015 11:03 am
Forum: Investing - Theory, News & General
Topic: Would you use DFA funds, if available?
Replies: 13
Views: 1517

Re: Would you use DFA funds, if available?

I know I left out some detail, and that is partly because I have limited knowledge with this. I feel like a 80% stock / 20% bond ratio will suite me well. I'd prefer 20-30% international. I've considered a small tilt to small cap for a little more risk. I don't know if 5-10% of REIT is typically rec...
by cals400ex
Sun Dec 20, 2015 10:15 am
Forum: Investing - Theory, News & General
Topic: Would you use DFA funds, if available?
Replies: 13
Views: 1517

Would you use DFA funds, if available?

I'm in the process of signing up for a 401K at work and I have a lot of great, low cost options. I'm 33 and my only retirement account is 43K in a van. target 2040 retirement fund (vforx). Here is the list of 401K funds: STOCK: DFA Commodity Strategy Portfolio --(DCMSX)--ER: 0.33% DFA Emerging Marke...
by cals400ex
Sat Dec 19, 2015 11:33 pm
Forum: Personal Investments
Topic: holding only S&P 500 in 401K?
Replies: 19
Views: 9968

Re: holding only S&P 500 in 401K?

I do need to read a few books, my only concern is that I need to have my funds picked in two days if I want to be eligible to contribute to this 401K in 2016. In the mean-time, I'll take your advice and go with something similar to: Vanguard 500 ETF (VOO), Vanguard small cap ETF (VB), Vanguard FTSE ...
by cals400ex
Sat Dec 19, 2015 10:11 pm
Forum: Personal Investments
Topic: holding only S&P 500 in 401K?
Replies: 19
Views: 9968

Re: holding only S&P 500 in 401K?

I do have several good fund options. I'm at a bit of a loss if I should use the lowest expense vanguard funds or the dfa funds. As I mentioned, I would like to be fairly risky. I'm not trying to be impatient, but I would like to have my accounts to start compounding as much as possible. Here is the ...
by cals400ex
Sat Dec 19, 2015 12:24 pm
Forum: Personal Investments
Topic: holding only S&P 500 in 401K?
Replies: 19
Views: 9968

holding only S&P 500 in 401K?

I've been considering only investing in the S&P 500 fund in my 401K for a few years (I don't have any money in it now). My only other retirement fund is a Van 2040 target retirement fund (vforx), which is a roth ira with ~40K in it. I know only holding the S&P fund is risky, but that's what I'm look...
by cals400ex
Tue Dec 15, 2015 11:39 am
Forum: Personal Investments
Topic: choosing 401K funds/portfolio suggestions
Replies: 9
Views: 653

Re: choosing 401K funds/portfolio suggestions

There is nothing wrong with a 100% VOO portfolio in both. You cannot touch it for several years, and the market is likely to be decent for the foreseeable future. REITs likely have seen a top, as well as Bonds for a while. Interest rates are headed up. I have IVV, IVW, QQQ, IWM in my 401K and Roth,...
by cals400ex
Mon Dec 14, 2015 6:15 pm
Forum: Personal Investments
Topic: choosing 401K funds/portfolio suggestions
Replies: 9
Views: 653

Re: choosing 401K funds/portfolio suggestions

Do you think I should change my roth ira at this point in time?
by cals400ex
Mon Dec 14, 2015 2:58 pm
Forum: Personal Investments
Topic: choosing 401K funds/portfolio suggestions
Replies: 9
Views: 653

Re: choosing 401K funds/portfolio suggestions

Would there be any reason to hold the DFA funds over the lower cost vanguard options?
by cals400ex
Mon Dec 14, 2015 2:03 pm
Forum: Personal Investments
Topic: choosing 401K funds/portfolio suggestions
Replies: 9
Views: 653

Re: choosing 401K funds/portfolio suggestions

I have limited knowledge on the core four portfolio. Could anyone provide some insight whether that might be a better option than the basic 3-fund portfolio?
by cals400ex
Mon Dec 14, 2015 12:57 pm
Forum: Personal Investments
Topic: choosing 401K funds/portfolio suggestions
Replies: 9
Views: 653

choosing 401K funds/portfolio suggestions

Emergency funds: 3-6 months of expenses Debt: Home: 155K at 3.0% for 27 years Auto: 25K at 1.75% for 7 years Student Loans: 33K at 3.5% for 10 years Tax Filing Status: Single Tax Rate: 28% Federal, 3.75% State State of Residence: Illinois Age: 33 Desired Asset allocation: 85-90% stocks / 10-15% bond...
by cals400ex
Tue Jun 09, 2015 2:51 pm
Forum: Personal Investments
Topic: Savings bond help
Replies: 15
Views: 2157

Re: Savings bond help

I just looked up the value of these bonds again and the $1000 bond now says the interest rate is 1.49%. How and when do the interest rates change on these? That does not look right. You wrote that the Savings Bonds were Series EE and listed the $1000 bond as being issued 06/2007. That bond has a fi...
by cals400ex
Tue Jun 09, 2015 8:54 am
Forum: Personal Investments
Topic: Savings bond help
Replies: 15
Views: 2157

Re: Savings bond help

Basically, it doesn't look like I have any good way of calculating what my interest rate will be on these bonds since it fluctuates. I will definitely cash the $50 bond that is matured now. I'll cash both $200 bonds in November when they mature. I'll likely cash the other $50 bond soon too, because ...
by cals400ex
Tue Jun 09, 2015 8:19 am
Forum: Personal Investments
Topic: Savings bond help
Replies: 15
Views: 2157

Re: Savings bond help

I just looked up the value of these bonds again and the $1000 bond now says the interest rate is 1.49%. How and when do the interest rates change on these?

*EDIT: It looks like this bond is fixed at 3.4%.
by cals400ex
Sun May 31, 2015 10:18 am
Forum: Personal Investments
Topic: Savings bond help
Replies: 15
Views: 2157

Re: Savings bond help

Is it not worth holding on to the $1000 bond, too?
by cals400ex
Tue May 26, 2015 7:46 pm
Forum: Personal Investments
Topic: Savings bond help
Replies: 15
Views: 2157

Savings bond help

Amount - Issue date - Next accrual - Final Maturity - Issue price - Interest rate - Value $1000 - 06/2007 - 06/2015 - 06/2037 - $500 - 3.4% - $653.20 $200 - 11/1985 - 11/2015 - 11/2015 - $100 - 4.0% - $452.24 $200 - 11/1985 - 11/2015 - 11/2015 - $100 - 4.0% - $452.24 $50 - 10/1983 - MA - 10/2013 - $...
by cals400ex
Tue Apr 28, 2015 8:58 pm
Forum: Personal Investments
Topic: contributing lump sum to 401k at end of year
Replies: 17
Views: 9614

Re: contributing lump sum to 401k at end of year

I do not have any dependents, so I'm not sure I can report that I do even if I don't? I checked with my brother (my boss) and he said his simple ira match is based off of the annual income. Thus, it makes no difference if I max out the simple ira in one month or throughout the year because it's base...
by cals400ex
Tue Apr 28, 2015 5:34 pm
Forum: Personal Investments
Topic: contributing lump sum to 401k at end of year
Replies: 17
Views: 9614

Re: contributing lump sum to 401k at end of year

Also, I knew I could invest in a roth ira up to april 15th, the following year. However, I didn't think was possible if I had to do the backdoor method? I was under the impression that needed to be done by the end of the year since I'm transferring money from a traditional to a roth ira.