Search found 1525 matches

by Katietsu
Fri May 25, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: New Trend: Bonds in Roth IRA
Replies: 16
Views: 2741

Re: New Trend: Bonds in Roth IRA

I started with fixed income in Roth because I viewed the Roth accounts as a second tier emergency fund. I had no access to the money in the employer accounts, unless the emergency had involved job loss. I still have some fixed income there because it has a guaranteed minimum 4% rate that I have trou...
by Katietsu
Thu May 24, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Additional Liability of Getting Married (Protecting Taxable accounts)
Replies: 18
Views: 1916

Re: Additional Liability of Getting Married (Protecting Taxable accounts)

I think you have a false impression of a trust. Your fiancé can not just go open a revocable trust, put her brokerage account inside of it, retain full control and then be protected from divorce and lawsuits. This is the impression I too had earlier in my life from popular culture. If she is likely ...
by Katietsu
Thu May 24, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Decision points on new Iphone
Replies: 19
Views: 1300

Re: Decision points on new Iphone

Your friend is probably referring to the idea that the 8 will be able to run the latest iOS and apps for longer than the 7. The 8 has the same performance as the X which is much improved over the 7. Also, the 8 you are looking at probably has twice as much storage as the 7. So, if it turns out that ...
by Katietsu
Mon May 21, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Unknown issue porting FIOS number to Cox
Replies: 11
Views: 974

Re: Unknown issue porting FIOS number to Cox

I do not know the rules. But my experience has been that the one day porting time frame has been told to me when switching the number between two mobile phone carriers. When I ported out of Comcast, I was told that all their ports require 10-14 days. So 3-5 days would have been fast.
by Katietsu
Mon May 21, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted Living tax deduction as medical expense
Replies: 23
Views: 2087

Re: Assisted Living tax deduction as medical expense

My wife gets a monthly statement of expenses (bill) from her mother's assisted living provider. We provided those 12 statements to the person that prepares my mother in law's taxes. As expected, medical expenses exceeded income. Please be careful. Many tax preparers do not distinguish between the d...
by Katietsu
Mon May 21, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: property tax assessment
Replies: 9
Views: 1009

Re: property tax assessment

There are people you can hire in my area that will handle everything for the amount they save you in taxes in the first year. A conversation with someone like that might give you an indication of your chance of a meaningful change.
by Katietsu
Mon May 21, 2018 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional/divorce/RMD questions
Replies: 12
Views: 836

Re: TIAA traditional/divorce/RMD questions

Here is some language from a TIAA form from a couple of years ago. I would see if you can find the information associated with your spouse’s accounts and then look into what might be done about it. "If my employer’s plan requires TIAA to issue me new Minimum Distribution Option Contracts, then payme...
by Katietsu
Mon May 21, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Update: New iPhone - Older iPhone text msgs disappear
Replies: 29
Views: 1953

Re: Older iPhone text msgs disappear

Go to settings. Scroll down to messages. Select. The first choice at the top is imessages. Use the button to turn off iMessages. Make a note at what other choices are on and off on that screen and report back here if you wish. The message icon on the iPhone accessed texts sent both as regular SMS te...
by Katietsu
Mon May 21, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Update: New iPhone - Older iPhone text msgs disappear
Replies: 29
Views: 1953

Re: Older iPhone text msgs disappear

Do you have iMessages on or off? I would try it the opposite of whatever you have been doing. I would also see if it makes a difference whether or not the sender is using iMessage. Also, I agree with the person who suggested that the messages could still be tied to a second device. Did you ever use ...
by Katietsu
Mon May 21, 2018 1:08 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 9398

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

wrongfunds wrote:
Mon May 07, 2018 11:47 am
I am presuming we are not the only ones who have been religiously filing Form 8606. The time we started, we did not have the ROTH option or the backdoor ROTH option.
There was also not a reduced rate for capital gains and qualified dividends.
by Katietsu
Sun May 20, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Buying an etf (bid ask spread)
Replies: 5
Views: 524

Re: Buying an etf (bid ask spread)

You also should be aware the TD Ameritrade has 24 hour 5 day a week trading for a limited number of etfs/stocks. So I would guess that you could end up with a way above average spread if you put a market order in at 2 AM.
by Katietsu
Sat May 19, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Where to find movers for a couch?
Replies: 16
Views: 1380

Re: Where to find movers for a couch?

Try calling places that rent trucks for self moves like Uhaul. They sometimes have guys that are willing to help with a move. I don’t know whether or not the cost would be acceptable for just a used couch.
by Katietsu
Sat May 19, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 32
Views: 3394

Re: If RMD are large should you still defer into 401k

You could consider shifting your deferrals to a Roth account if available. Then before retirement, roll it to a Roth IRA and avoid MRDs. You give up the current tax deduction but save later. Agreed that using a Roth 401k seems like it would be preferable to stopping contributions. Also note that th...
by Katietsu
Sat May 19, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Assisted Living tax deduction as medical expense
Replies: 23
Views: 2087

Re: Assisted Living tax deduction as medical expense

I agree with DetroitRick. There are a few more details that you will need to know. For instance, if you want to deduct the expenses that are classified by the facility as room and board (as opposed to medical), the documentation needs to occur before the expense. In other words, you can not go back ...
by Katietsu
Fri May 18, 2018 11:00 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile phone service
Replies: 8
Views: 820

Re: Xfinity Mobile phone service

Last I looked, you could bring your own phone to Xfinity but it had to be an iPhone.
by Katietsu
Thu May 17, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: somebody is using our address
Replies: 45
Views: 4958

Re: somebody is using our address

If this is a criminal who has been to jail, then I think it could be imprudent to become adversarial.

I would speak with police and post office for advice before doing anything. I would also put up very visible security cameras.

You do not want to trade a small problem for a serious one.
by Katietsu
Thu May 17, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Urgent: escrow situation in bay area
Replies: 50
Views: 3277

Re: Urgent: escrow situation in bay area

IF you decide you want to get out, do so as soon as possible. The seller is much more likely to be cooperative the sooner you do it. Next, meet with a real estate lawyer. In my case, I agreed to let the buyer have the escrow money, which was just a couple thousand dollars in return for a release of ...
by Katietsu
Thu May 17, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth quitting my private-sector job and taking a government job so I can invest in the 457 account, too?
Replies: 15
Views: 1810

Re: Is it worth quitting my private-sector job and taking a government job so I can invest in the 457 account, too?

Long story short: I have a private-sector job where I'm maxing out the HSA and 403(b). (I put in after-tax monies every year into my Roth IRA, too.) If I leave this job for a state government job, I'll almost certainly have to take a little bit of a pay cut, but then I'll get the 457 account. And w...
by Katietsu
Wed May 16, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Golden Handcuffs
Replies: 53
Views: 9088

Re: Golden Handcuffs

I’ll go ahead and vent my biggest fear: I was with a good company for 10 years, moving up but felt like it was time to move jobs (a bad manager helped with that decision). I switched to the company im with now, but a totally different role. The company is great, but I feel like I went from doing ev...
by Katietsu
Wed May 16, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't you rollover a retirement account into another one that you no longer work at?
Replies: 33
Views: 2049

Re: Why can't you rollover a retirement account into another one that you no longer work at?

I would wait until I got a new job. Then, decide whether it is best to: 1) Roll the funds from plan A and B into the new plan C. Or 2) Roll the plans from A and B into a personal IRA at a low cost provider like Fidelity, Vanguard, or Schwab. The advantage of (1) is that you would have just one accou...
by Katietsu
Wed May 16, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Received a 1099-R Form Late
Replies: 19
Views: 1941

Re: Received a 1099-R Form Late

I read some forum that roth ira has RMD. I did not read in detail that Inherited roth ira did not except for the 5 years after death rule. I want to make sure you understand your options. The inherited Roth IRA does have an RMD if you want to stretch out withdrawals as long as possible. In that cas...
by Katietsu
Mon May 14, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Car Insurance Named Driver Exlusion Options
Replies: 8
Views: 725

Re: Car Insurance Named Driver Exlusion Options

All insurance companies will have the same information. However, not all insurance companies will necessarily want to exclude your sister or increase your rates in the same way. You will probably need to price the insurance both ways. See if other insurers will give you a family rate with your siste...
by Katietsu
Sun May 13, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: TR2015 in a taxable account
Replies: 9
Views: 789

Re: TR2015 in a taxable account

Just to reiterate what BL has said...you should consider that selling the fund may have more consequences than just the tax on the capital gain. This could include increasing the taxable portion of your social security, increasing your Medicare premium and increasing your state income tax.
by Katietsu
Sat May 12, 2018 10:01 pm
Forum: Personal Consumer Issues
Topic: Why did Capital One 360 say my cell phone couldn't be verified?
Replies: 9
Views: 1123

Re: Why did Capital One 360 say my cell phone couldn't be verified?

It is a trac phone. That means it is considered a prepaid phone. All trac phones are. Prepaid phones frequently can not be used for such verification processes. You would have the same problem with trying to obtain an IRS transcript online.

However, there should be an alternate process available.
by Katietsu
Sat May 12, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 5448

Re: College laptop for fall 2018 freshman

Check with the college. The major university here gives suggested guidelines and has substantial discounts available on Lenovo and Dell laptops.
by Katietsu
Sat May 12, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Do you lose state taxes
Replies: 8
Views: 1868

Re: Do you loose state taxes

Note that fidelity cap and income and a fund of intermediate term treasuries would have very different levels of risk and volatility.
by Katietsu
Sat May 12, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Subcompact SUVs/Sedans with Adjustable Pedals Question
Replies: 12
Views: 1078

Re: Subcompact SUVs/Sedans with Adjustable Pedals Question

I too have not seen adjustable pedals in a long time and they were on large vehicles even then. I would look for an 8 way adjustable seat and an adjustable steering wheel. Hopefully with those options, you can find something comfortable. You may also need to purchase a “seatbelt adjuster” so the sea...
by Katietsu
Thu May 10, 2018 10:01 pm
Forum: Personal Consumer Issues
Topic: Currently under father and mother auto policy
Replies: 8
Views: 717

Re: Currently under father and mother auto policy

What is your concern? Normally going from three to two drivers would reduce the cost. Additionally, 85 year olds can have an increased cost to insure compared to a 30 and 53 year old. So, this would be a second possible reason for the insurance to go down.
by Katietsu
Thu May 10, 2018 7:16 pm
Forum: Personal Consumer Issues
Topic: Dog as Running Companion - Advice, Equipment, Training, Etc.
Replies: 23
Views: 1722

Re: Dog as Running Companion - Advice, Equipment, Training, Etc.

If the dog is still intact, I would suggest you review the literature on spay and neutering and how it can impact orthopedic issues. There is evidence that canine athletes spayed or neutered during certain age ranges can be negatively affected. If a veterinarian does not know an owner well enough to...
by Katietsu
Thu May 10, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Keeping ones wits when things are chaotic
Replies: 12
Views: 1529

Re: Keeping ones wits when things are chaotic

When my parent was diagnosed with a terminal cancer, my sibling who lives 20-25 hours away, came for a month. The one on one time was valuable. Communication was easier after the visit. There was time to make additional care arrangements to be deployed as needed. As a PhD student, I would hope that ...
by Katietsu
Thu May 10, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: How to pass life insurance proceeds from my parents' second to die policy on to my children tax free?
Replies: 17
Views: 1251

Re: How to pass life insurance proceeds from my parents' second to die policy on to my children tax free?

The life insurance beneficiary form I completed about 5 years ago actually had a Yes/No check box for per stirpes
by Katietsu
Thu May 10, 2018 7:45 am
Forum: Personal Consumer Issues
Topic: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!
Replies: 30
Views: 2628

Re: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!

Could you use a ramp meant for helping dogs get in and out of vehicles?
by Katietsu
Wed May 09, 2018 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: IRS tax form [Rejected as photocopy, signature must be in blue ink]
Replies: 41
Views: 3772

Re: IRS tax form

Please do not send back two copies. That is not helpful and could potentially lead to more correspondence. Just send back one copy.

Personally, I would white out the signature on the one you have, make a copy, sign the copy in clearly different ink, and send that back.
by Katietsu
Wed May 09, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Spark Plugs only vs Tune Up?
Replies: 29
Views: 2175

Re: Spark Plugs only vs Tune Up?

I think use of the word “tune up” may be confusing the issue. Let’s say you have a 2011 Camry with 120,000 miles. The manual would suggest you perform a 120,000 mile maintenance. This would include the spark plug change, but would also include changing the cabin air filter, changing the engine air f...
by Katietsu
Tue May 08, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Old 401(k), new 401(a) + 457(b), what are my contrib limits?
Replies: 8
Views: 502

Re: Being Laid Off but Found New Job Already

Some of the answers are not correct for your situation. Contributions are capped at an aggregate of $18500 for 401ks. This limit must be aggregated for these plan types: 401(k), 403(b),SIMPLE plans (SIMPLE IRA and SIMPLE 401(k) plans) and SARSEP. Notice that this list does not contain a 401a or a 45...
by Katietsu
Tue May 08, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Can you recommend a good mouse trap?
Replies: 49
Views: 3559

Re: Can you recommend a good mouse trap?

Put out 6+ traps, depending on the size of the house. Put them a few in the room where you saw the mouse. Put a couple along the kitchen cabinets. The layout of your house will dictate the rest. Leave them out until you go an extended time without catching anything. And believe people when they tell...
by Katietsu
Tue May 08, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Tires: Where to Get? Warranty? And Questions?
Replies: 74
Views: 6715

Re: Tires: Where to Get? Warranty? And Questions?

I've owned a set of Michelin Defenders and they were garbage. I rotate my tires every 7,500 miles like clockwork, and the tread depth was at 4/32 at 58,000 miles. The warranty was 90,000 (now reduced to 80,000). There is more to tire quality than its longevity. In general terms, the tires that offe...
by Katietsu
Tue May 08, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2931

Re: Health insurance, do we need it and how?

Some of the questions I would be asking myself include: - How committed are you to traveling internationally, full time, for several years? (In my experience, quite a few people with this plan decide to adjust the plan after a year or two.) - - Does the company insurance plan include any emergency o...
by Katietsu
Sat May 05, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax software
Replies: 17
Views: 1300

Re: Tax software

Are you looking for software for 2018 that therefore will not be available for 6 months? Are you trying to estimate your quarterly taxes? If so, you can use something like TurboTax TaxCaster. Instead of paying quarterly taxes, have you considered just having withholding from the IRA at the time of t...
by Katietsu
Sat May 05, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: What are the questions you would ask a Financial Advisor ?
Replies: 59
Views: 4396

Re: What are the questions you would ask a Financial Advisor ?

I like the thinking behind the 6 questions. I think the issue is the the way you are wording some of the questions. You will get further if it sounds like you are seeking answers instead of sounding like a professor quizzing a student. You can get the same information about the advisor in a way that...
by Katietsu
Thu May 03, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: 403b fee question
Replies: 6
Views: 531

Re: 403b fee question

A 403(b) account is a retirement account, there are no mortality fees in a retirement account Are you buying equities or insurance? It appears you are buying an insurance annuity, is that what you are intending to do?.....Gordon Not true. Historically, when 403b came into existence in 1958 insuranc...
by Katietsu
Thu May 03, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2844

Re: SUV vs Full Size Car - Taurus or Escape

My story is that a couple of years ago my very old sedan was giving up the ghost and I went shopping for new one. I was appalled at how difficult it is to see out the back and side of current body styles. So I did an internet search on outside visibility ratings of vehicles and found the top rated ...
by Katietsu
Thu May 03, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: One Bathroom in Home Change Bathtub to Only Shower Hurt Resale?.
Replies: 32
Views: 2261

Re: One Bathroom in Home Change Bathtub to Only Shower Hurt Resale?.

Yes. Do the shower. Make it as accessible as possible. Having worked with several people during their later years, ease of getting into the shower almost always becomes a problem. Even if it does not become a chronic problem, there are periods, ie after a joint replacement, where it is a problem. Wi...
by Katietsu
Thu May 03, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Continuing Care facility - shielding some assets for the kids
Replies: 37
Views: 4127

Re: Continuing Care facility - shielding some assets for the kids

You said you were willing to set up a joint account and trust the kids to only use it in case of an emergency. So, why not just set up the accounts in your children’s names alone with the same stipulations and disclose the gift on the admission application? The only paperwork will be a federal gift ...
by Katietsu
Wed May 02, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Withholding Calculator Says We will Owe $7700 in Taxes in 2018
Replies: 31
Views: 3703

Re: IRS Withholding Calculator Says We will Owe $7700 in Taxes in 2018

What is the family income range? Are those 3 allowances on each of your W4 or just one? are you contributing to roth 401k? niceguy7376, Family income is $240k-$250k before taxes, etc. In 24% federal income tax bracket. Also have a taxable account and a savings account. We're each claiming 3 allowan...
by Katietsu
Wed May 02, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Ally asking CURRENT customer to provide SSN card?
Replies: 58
Views: 4575

Re: Ally asking CURRENT customer to provide SSN card?

I received the same request from a brick and mortar bank a few years back after I had been with them for many years. The FDIC agrees that a social security card may be required by a bank. As long as you know that you are dealing with Ally Bank, ie using independent phone number not just responding t...
by Katietsu
Wed May 02, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: At what point should you hire a financial advisor?
Replies: 25
Views: 2617

Re: At what point should you hire a financial advisor?

You asked on a site skewed to a group of people who DIY. So, remember that as you read the responses that are skewed to DIY. I think it is very reasonable given your feelings and the transition you are experiencing to at least hire professionals to work out a plan. As others have said, the type of h...
by Katietsu
Tue May 01, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with ineligible 2018 Roth IRA contribution?
Replies: 11
Views: 877

Re: What to do with ineligible 2018 Roth IRA contribution?

You have a few options: 1) Remove the Roth IRA contribution plus associated earnings as an excesss contribution. If you have earnings, there will be tax but this will be tiny, I suspect. Make no IRA contribution for 2018. 2) Consider a recharization of the Roth contribution plus earnings to your tra...
by Katietsu
Mon Apr 30, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 7463

Re: How would you handle a request for money from a niece?

Grandma is 90 with half a million dollars plus enough cash flow to cover expenses. Grandma wants to give her granddaughter $100. Son tells Mom that she can not spend any of her nest egg and must give something up if she wants to make the gift. That sounds very unreasonable. I am making no judgement...
by Katietsu
Mon Apr 30, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 7463

Re: How would you handle a request for money from a niece?

Grandma is 90 with half a million dollars plus enough cash flow to cover expenses. Grandma wants to give her granddaughter $100. Son tells Mom that she can not spend any of her nest egg and must give something up if she wants to make the gift. That sounds very unreasonable. I am making no judgement ...