Search found 4858 matches

by student
Mon Jul 04, 2016 1:25 pm
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

We have a TIAA 403b, which- similar to yours- is being affected by as-yet-unspecified new rules. I don't see how they can apply new restrictions to "old money" within an existing contract but I will certainly be asking about that. I was told that- per the terms of our annuity contract-we could not ...
by student
Mon Jul 04, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: Condo vs Townhouse Living
Replies: 35
Views: 6426

Re: Condo vs Townhouse Living

Call_Me_Op wrote:
stlutz wrote:It has to be extremely quiet in my townhouse for me to hear anything from my neighbors. But I have quiet neighbors too.
You are lucky.
Indeed. You just need one noisy neighbor to ruin things for you. I have one such neighbor.
by student
Mon Jul 04, 2016 10:19 am
Forum: Personal Investments
Topic: TIAA Real Estate vs. Vanguard REITS
Replies: 26
Views: 6533

Re: TIAA Real Estate vs. Vanguard REITS

Naikansha wrote:No chart available, it says. Same for Morningstar and Yahoo finance (as of Saturday).
I don't understand. Is this not what you are looking for?

http://quote.morningstar.com/fund/chart.aspx?t=QREARX
by student
Mon Jul 04, 2016 9:26 am
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

To clarify, I was surprised back when I learned that in my TIAA IRA (where there are minimal liquidity restrictions), not only were new contributions frozen (which I anticipated), but funds could no longer be moved between accounts (such as TIAA RE) within the old IRA under the original terms (3% g...
by student
Mon Jul 04, 2016 7:24 am
Forum: Personal Finance (Not Investing)
Topic: TIAA-CREF 401k Plan Servicing Fees?
Replies: 22
Views: 8626

Re: TIAA-CREF 401k Plan Servicing Fees?

In March of this year, participants in my employer's 403B plan received a notification that we would be charged a 17 basis point servicing fee, which is in addition to administration fees that are paid by the employer. Thanks for the heads up. I will pay attention to letters from them. Are you at a...
by student
Sun Jul 03, 2016 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trust ($495)- SoCal
Replies: 22
Views: 3434

Re: Living Trust ($495)- SoCal

student: do you have a community property account? This Vanguard form for ToD says community property accounts are ineligible, or am I reading incorrectly? http://www.vanguard.com/pdf/bdbp.pdf?2210039149 I have an individual investment account, not a community property account. Sorry for the confus...
by student
Sun Jul 03, 2016 3:04 pm
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

I would have guessed that when IRAs moved from 3% to 1%, you would have been able to still freely transfer within a legacy account (not add new funds, but transfer within the account) under the old terms. But that's not what happened. So to me those types of issues would be the concern - that even ...
by student
Sun Jul 03, 2016 1:36 pm
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

I would have guessed that when IRAs moved from 3% to 1%, you would have been able to still freely transfer within a legacy account (not add new funds, but transfer within the account) under the old terms. But that's not what happened. So to me those types of issues would be the concern - that even ...
by student
Sun Jul 03, 2016 1:20 pm
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

Please do let us know once you learn more about it.
by student
Sun Jul 03, 2016 10:56 am
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

I will be get more details after Monday. Until now, all communication has been through vague "'heads up, changes are coming" emails.The most recent email- with a link to an updated TIAA page - arrived within the last few days. My understanding has always been that contributions- past, current,amd f...
by student
Sun Jul 03, 2016 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust ($495)- SoCal
Replies: 22
Views: 3434

Re: Living Trust ($495)- SoCal

Most financial institutions allow you to set up/change your account to Payable-on-Death or something similar In California, and this worked as advertised when my mother passed last summer. All banks/brokers just setup/reregistered accounts for me and my sis (50:50) who were named as PoD or ToD. How...
by student
Sun Jul 03, 2016 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 60
Views: 16268

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

I have both. I have the bills go to Fidelity 2%, since their amex has been trigger happy for fraud and a pain. We spend with the Citi DC and Costco visa (where the earnings are higher), due to the price rewind capability. When it gets hacked every ~6 months, I don't have to change my bills to a new...
by student
Sun Jul 03, 2016 7:18 am
Forum: Personal Finance (Not Investing)
Topic: TIAA-CREF 401k Plan Servicing Fees?
Replies: 22
Views: 8626

Re: TIAA-CREF 401k Plan Servicing Fees?

How big is your employer? Perhaps you can lobby them to include TIAA's institutional funds, which have very low expense ratios. Is TIAA-CREF Equity Index Fund Retirement Class (TIQRX) a TIAA institutional fund? We had it prior to the change. But its 0.32% ER is higher than VIFAX 0.05% + 0.17% servi...
by student
Sun Jul 03, 2016 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust ($495)- SoCal
Replies: 22
Views: 3434

Re: Living Trust ($495)- SoCal

Are you doing this just to avoid probate. If so, it may not be necessary. Most financial institutions allow you to set up/change your account to Payable-on-Death or something similar. Having said that, I do have a living trust and other related setup because it is free as I enrolled in a legal plan ...
by student
Sun Jul 03, 2016 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 60
Views: 16268

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

There's several good points up there, so I won't repeat them. I've had a Fidelity card for years before the Double Cash came out (zero complaints), but one minor advantage not mentioned is the Citi card's benefits. The main one worth mentioning as a consumer is probably the +2 year extended warrant...
by student
Sun Jul 03, 2016 6:51 am
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

I saw your post in morningstar.com, which you gave more details. The Retirement Choice is an existing product. See https://www.tiaa.org/public/investment-performance/tiaatraditional/profile?ticker=47933637 It does have a higher interest rate than RA for the past 10 years but the guaranteed rate may...
by student
Sun Jul 03, 2016 6:38 am
Forum: Personal Finance (Not Investing)
Topic: TIAA-CREF 401k Plan Servicing Fees?
Replies: 22
Views: 8626

Re: TIAA-CREF 401k Plan Servicing Fees?

Hi AceGolfer, Where did you find this information about the 0.17% fee? Is it possible that they are charging 0.17% because the Vanguard fund is outside of TC? I'm not seeing an extra fee on my funds in my employer based TC account, but I only have TC funds to choose from... I too didn't see this ex...
by student
Sat Jul 02, 2016 10:14 pm
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

I saw your post in morningstar.com, which you gave more details. The Retirement Choice is an existing product. See https://www.tiaa.org/public/investment-performance/tiaatraditional/profile?ticker=47933637 It does have a higher interest rate than RA for the past 10 years but the guaranteed rate may ...
by student
Sat Jul 02, 2016 8:52 pm
Forum: Personal Investments
Topic: Employer and TIAA Traditional changes -advice please
Replies: 26
Views: 2172

Re: Employer and TIAA Traditional changes -advice please

1. Current- 3.75% crediting rate (3% guaranteed minimum) New plan- 4% crediting rate (1-3% guaranteed minimum) I have not heard anything regarding this on our campus. The crediting rate is not guaranteed, and as far I know, it is set by TIAA on a regular basis, so the change doesn't make sense to m...
by student
Fri Jul 01, 2016 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Past Employer Overpaid Me in 2015 - Tax Questions
Replies: 12
Views: 1935

Re: Past Employer Overpaid Me in 2015 - Tax Questions

When you pay the $3,000 to your former employer, they owe you a corrected W-2. You would use the new W-2 to file a corrected 1040 and claim the excess FICA as a tax refund. It may be a hassle for the employer to issue a new W-2, but it can be done. They need to talk with their accountant/payroll. C...
by student
Fri Jul 01, 2016 4:47 pm
Forum: Personal Investments
Topic: TCF Bank
Replies: 5
Views: 761

Re: TCF Bank

I see it here. https://www.tcfbank.com/~/media/TCFBank ... s/2737.pdf

It must be a regional promotion. So it is a big negative and it is probably just a teaser rate. I think I will pass.

Thanks.
by student
Fri Jul 01, 2016 2:00 pm
Forum: Personal Investments
Topic: TCF Bank
Replies: 5
Views: 761

TCF Bank

Anybody here has experience with TCF Bank. It has branches here. I just learned that it offers a Preferred Savings (checking required) with 1.29% interest rate. My concern is that it is a teaser rate. Comments?
by student
Fri Jul 01, 2016 1:51 pm
Forum: Personal Investments
Topic: TIAA Real Estate vs. Vanguard REITS
Replies: 26
Views: 6533

Re: TIAA Real Estate vs. Vanguard REITS

I view TIAA Real Estate as one properties company so it would seem that a REITS will be more diversified. Just a thought.
by student
Fri Jul 01, 2016 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 44381

Re: Where were you financially when you were at 30?

At 30, I was in a postdoc position after getting my Ph.D. I had no debt and about $20,000 in retirement and regular savings.
by student
Wed Jun 29, 2016 7:44 am
Forum: Personal Investments
Topic: Tax loss harvesting calculations
Replies: 30
Views: 2847

Re: Tax loss harvesting calculations

Have a look at the Bogleheads Wiki on the subject of Wash Sales --> https://www.bogleheads.org/wiki/Wash_sale specifically... "Fund alternatives: The Vanguard Total Stock Market and Vanguard Large Cap Index track different indexes, but the returns are similar, and as such, they are good alternative...
by student
Wed Jun 29, 2016 6:07 am
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 18363

Re: Fidelity Takes on Vanguard

Bob's not my name wrote:
Fidelity 500 Index ... will match Schwab S&P 500 Index, which also carries an 0.09% fee.
Vanguard 500 Index Admiral Shares have a 0.05% fee.
I believe the corresponding Fidelity equivalent now has 0.045% expense ratio.
by student
Tue Jun 28, 2016 6:55 pm
Forum: Personal Investments
Topic: Tax loss harvesting calculations
Replies: 30
Views: 2847

Re: Tax loss harvesting calculations

Here's an example. I hold both VFWAX (FTSE All-World ex-US Index Fund Admiral) and VTIAX (Total International Stock Index Fund Admiral) in my taxable account. Yesterday I checked and Vanguard showed me with ~$1,200 short term loss in and another ~$800 long term in VTIAX. I set the two lots to excha...
by student
Tue Jun 28, 2016 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Loans to Friends
Replies: 73
Views: 5886

Re: Loans to Friends

Will do good wrote:
feh wrote:
Will do good wrote:If he was a good friend he should have called you to ask
A good friend would never dream of such a request, regardless of the medium.
Agreed.
+1
by student
Tue Jun 28, 2016 8:41 am
Forum: Investing - Theory, News & General
Topic: VEA - Will the last decade be lost?
Replies: 14
Views: 3206

Re: VEA - Will the last decade be lost?

I bought VEU Vanguard International Index in 2007 at $62.26. Right now it is $40.40. To make it worse, it is in a Roth IRA.
by student
Sun Jun 26, 2016 12:36 pm
Forum: Personal Investments
Topic: Fidelity and Barclays
Replies: 14
Views: 1949

Re: Fidelity and Barclays

I can now confirm that the problem is with Barclays. I just tried linking my American Express Savings account and it worked. Here is a summary. 1) Barclays: Did not work. It said to use regular mail after I have entered the necessary info. 2) Chase: I successfully linked the account after I entered ...
by student
Sun Jun 26, 2016 12:26 pm
Forum: Personal Investments
Topic: Fidelity and Barclays
Replies: 14
Views: 1949

Re: Fidelity and Barclays

Fidelity has a few banks that their system "recognizes" and will link without ACH test deposits. It's probably a third party system they are using, because I've noticed other sites do the same thing. However, to make this work, you have to successfully pass the challenge/response gauntlet that your...
by student
Sun Jun 26, 2016 8:58 am
Forum: Personal Investments
Topic: Fidelity and Barclays
Replies: 14
Views: 1949

Fidelity and Barclays

I have a Barclays online savings account. I tried to link it to Fidelity but I was unsuccessful. After entering the info at Fidelity, it said I need to do it by mail. I called Fidelity and the representative said that if it didn't work, it means Barclays rejected it. As a test, I tried to link my Ch...
by student
Thu Jun 23, 2016 5:18 am
Forum: Personal Finance (Not Investing)
Topic: How to live on $110,000 less income each year?
Replies: 104
Views: 15870

Re: How to live on $110,000 less income each year?

I would guess that you (like 99% of humans) would increase your spending to match pretty much any income level - that's why the American savings rate is negative (and it's not much better anywhere else, besides Japan). I am not sure whether this statement is correct. According to these websites, Ja...
by student
Mon Jun 13, 2016 10:21 pm
Forum: Personal Consumer Issues
Topic: Fidelity Email Tidal Wave
Replies: 2
Views: 1005

Re: Fidelity Email Tidal Wave

I have received them as well. I was so happy at first but then I realized many funds are not applicable such as institution class index funds.
by student
Mon Jun 13, 2016 12:01 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 24409

Re: John Oliver covers retail investment industry on Last Week Tonight

livesoft wrote:
student wrote:One of my reactions is that his company did not give the employees a 401k plan until now?
How long has this show been in business? :)
I believe this is his third season. Wikipedia says the first episode was on April 27, 2014.
by student
Mon Jun 13, 2016 11:49 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 24409

Re: John Oliver covers retail investment industry on Last Week Tonight

One of my reactions is that his company did not give the employees a 401k plan until now?
by student
Sat Jun 11, 2016 7:36 am
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 265
Views: 30795

Re: What is your overall portfolio weighted expense ratio

According to Personal Capital, it is 0.27% across all accounts.
by student
Wed Jun 08, 2016 10:05 pm
Forum: Personal Investments
Topic: Fidelity Low Priced Stock
Replies: 3
Views: 1040

Re: Fidelity Low Priced Stock

dcabler, lack_ey: Thanks for the response. I did not know the Russell 2000 is everyone's favorite punching-bag index.
by student
Wed Jun 08, 2016 4:29 pm
Forum: Personal Investments
Topic: Fidelity Low Priced Stock
Replies: 3
Views: 1040

Fidelity Low Priced Stock

I own some shares of Fidelity Low Priced Stock (FLPSX). On Fidelity's website, it compares itself to Russell 2000 and the general category of mid-cap value (Morningstar category average). I am confused, I think Russell 2000 is more of a small-cap index. It compares well to both of these "benchmarks....
by student
Wed Jun 01, 2016 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150413

Re: High Earners - What's Your Profession?

Retired. RMD + SS = significantly above $100k now. But that sum is significantly less than my final annual salary as a university professor. (My starting salary as an assistant professor in 1971 was a mighty fine $11,500 + about $2,500 for summer pay.) Wow. Your final annual salary as a university ...
by student
Sun May 29, 2016 6:41 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150413

Re: High Earners - What's Your Profession?

Retired. RMD + SS = significantly above $100k now. But that sum is significantly less than my final annual salary as a university professor. (My starting salary as an assistant professor in 1971 was a mighty fine $11,500 + about $2,500 for summer pay.) Wow. Your final annual salary as a university ...
by student
Wed May 25, 2016 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150413

Re: High Earners - What's Your Profession?

Retired. RMD + SS = significantly above $100k now. But that sum is significantly less than my final annual salary as a university professor. (My starting salary as an assistant professor in 1971 was a mighty fine $11,500 + about $2,500 for summer pay.) Wow. Your final annual salary as a university ...
by student
Tue Apr 26, 2016 6:00 pm
Forum: Personal Investments
Topic: 401(k) to 403(b) with higher expense ratios/higher match - and confusion
Replies: 5
Views: 711

Re: 401(k) to 403(b) with higher expense ratios/higher match - and confusion

I suspect that one of them is RA and the other is SRA. RA is the subaccount that contains your employer's contribution and your contribution required for the match. SRA, supplemental Retirement Annuity, is voluntary contribution by you.
by student
Sun Apr 24, 2016 4:06 pm
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 83
Views: 12404

Re: Pros/Cons of Condo Living?

I live in a large condo complex and I have lived here for almost 15 years. It is in a two-story building. Everything is perfect except I can hear my neighbors, which bugs me. For the first two years, the management company wasn't very good as they do not respond to repair in a timely fashion. After ...
by student
Fri Apr 01, 2016 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Unlimited card 1.5% back + bonus
Replies: 85
Views: 15518

Re: Chase Freedom Unlimited card 1.5% back + bonus

This card also offers 5% reward for a given category each quarter; for instance the 5% reward applies to all grocery store purchases between April 1 and June 30, 2016 as well as to purchases at Sam's Club and BJ's Wholesale. penfed.org I don't think this card has the 5% reward category. It has 1.5%...
by student
Wed Mar 30, 2016 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Portfolio Update and a question
Replies: 2
Views: 504

Re: Portfolio Update and a question

bloom2708, thank you for the reply. It is indeed true that expense will go up. The source of the problem (wall-sharing) also slows down the escape of heat, so my winter gas bill is low. (At temperature setting of 62, the heat usually only comes on for about an hour a day.) For the new place that I a...
by student
Sat Mar 26, 2016 8:05 am
Forum: Personal Consumer Issues
Topic: Spirit Airlines
Replies: 38
Views: 5021

Re: Spirit Airlines

I stopped flying Spirits years ago. Just horrible. I don't know anybody who likes them.
by student
Thu Mar 24, 2016 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Portfolio Update and a question
Replies: 2
Views: 504

Portfolio Update and a question

Time flies. I posted my portfolio question almost a year ago. I have been following advice but moving slowing to consolidate by selling funds that are occupying a small part of my portfolio. Thanks again. I am still concern about my living arrangement. I live in a condo where all walls are shared as...
by student
Wed Mar 02, 2016 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Statement
Replies: 3
Views: 806

Re: Social Security Statement

Thanks for the replies. I checked my pay stubs. The difference is indeed due to the payroll holiday in 2011 and 2012.