Search found 2889 matches

by neurosphere
Tue Apr 10, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27181

Re: Vangaurd Municipal Money Market VMSXX 1.39%

I can't also seem to find a source for historical SEC yield data, wondering where you got this info? The distribution yield is what actually matters since that's what gets paid out but curious to see a historical comparison between the SEC yield and distribution yield. I used vanguards "historical ...
by neurosphere
Tue Apr 10, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3572

Re: Anyone tried a sunrise alarm clock?

I'm a huge fan of using light to wake up in the mornings. Sleep medicine is one of my areas, and there is overwhelming scientific evidence that such clocks can be helpful for a lot of people (completely separate from just the fact that it's a nicer way to wake up). I'll be honest, before I did some ...
by neurosphere
Tue Apr 10, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: So confused about 1098-E form for student loan interest deduction on taxes?
Replies: 15
Views: 818

Re: So confused about 1098-E form for student loan interest deduction on taxes?

three of us have said yes, you can go ahead and take the deduction so long as the loan was for qualified educational expenses, and you have some form of documentation for that. It need not be the 1098E itself. What do you mean by some form of documentation that shows the loan was for qualified educ...
by neurosphere
Tue Apr 10, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: So confused about 1098-E form for student loan interest deduction on taxes?
Replies: 15
Views: 818

Re: So confused about 1098-E form for student loan interest deduction on taxes?

three of us have said yes, you can go ahead and take the deduction so long as the loan was for qualified educational expenses, and you have some form of documentation for that. It need not be the 1098E itself. What do you mean by some form of documentation that shows the loan was for qualified educ...
by neurosphere
Tue Apr 10, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27181

Re: Vangaurd Municipal Money Market VMSXX 1.39%

The ends of the last 2 quarters were preceded by hikes in the FFR just a couple weeks before those ends. I would expect the same kind of hike in June before the end of this quarter. That's a good point. And I'll note that this known end-of-quarter effect is usually described as extra volatility , a...
by neurosphere
Tue Apr 10, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27181

Re: Vangaurd Municipal Money Market VMSXX 1.39%

After some research, it seems this quarter-end effect is a well known thing for money market funds. I learn something every day! Best I can tell, at the end of the quarter there is decreased supply of the underlying financing instruments. This leads to increased volatility around quarter end. Accord...
by neurosphere
Tue Apr 10, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27181

Re: Vangaurd Municipal Money Market VMSXX 1.39%

I plotted the SEC yield vs date for the past two years:

Image

The obvious peaks occurred on Oct 14, Jan 3, April 27, July 6, Oct 9, Jan 3 and "today".
by neurosphere
Tue Apr 10, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27181

Re: Vangaurd Municipal Money Market VMSXX 1.39%

Says 1.40 on Vanguard web site now. Does that mean you expect this to drop going forward? Seems like all rates only going up, including some of my online savings accounts. They did the same thing at the end of last quarter. I'm just saying the YTD/last year numbers probably provide a better estimat...
by neurosphere
Tue Apr 10, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Help with ineligible 2016 + 2017 Roth contributions
Replies: 8
Views: 448

Help with ineligible 2016 + 2017 Roth contributions

Hi all, I recently gave a financial literacy lecture in Boston and have been conducting virtual "office hours" as I usually do and came across this situation that I want to talk through "out loud" and get some feedback, both in order to help this young couple communicate efficiently with their CPA a...
by neurosphere
Mon Apr 09, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: So confused about 1098-E form for student loan interest deduction on taxes?
Replies: 15
Views: 818

Re: So confused about 1098-E form for student loan interest deduction on taxes?

Ok thanks. I'm just still confused if I can take the standard interest loan deduction on my taxes without having a Form W-9S on file with a loan company. My answer: YES. Let me take a stab at this: The W9S instructions say "If your loan is a student loan incurred solely to pay for qualified higher ...
by neurosphere
Sun Apr 08, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: pay off student loans or wait?
Replies: 10
Views: 1242

Re: Physicians: pay off student loans or wait?

EXPECTING others to pay off your loans is just not in my mentality. I think it's reasonable for one to attempt to maximize their compensation. Compensation from employers comes in many forms. Loan repayment, moving expenses, providing health insurance, etc. By paying off loans now, in certain cases...
by neurosphere
Sun Apr 08, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Physicians: pay off student loans or wait?
Replies: 10
Views: 1242

Re: Physicians: pay off student loans or wait?

Some hospitals will offer extra money/salary to go to student loans as an inducement to employment. Often, the same cash bonus or retention loan can be negotiated regardless of student loan status. But I have indeed seen cases where those with loans get some "extra". In my personal experiences in ru...
by neurosphere
Sat Apr 07, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: pay off student loans or wait?
Replies: 10
Views: 1242

Re: Physicians: pay off student loans or wait?

... I see many places that offer (up to 160K in loan forgiveness). Can you elaborate on what you "see"? In general, the loan forgiveness offered by employers is not a federal program, but rather a type of "perk". The hospital/employer pays for it, similar to paying moving or relocation expenses. As...
by neurosphere
Fri Apr 06, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about loan forgiveness program (PAYE - Pay As You Earn Plan)?
Replies: 5
Views: 425

Re: Questions about loan forgiveness program (PAYE - Pay As You Earn Plan)?

The federal student loan site will answer your questions, and previous posters have already provided come info. But here are my contributions and clarifications. If you are eligible and using PAYE, then your income for the purposes of determining your payments will be either only the borrowers incom...
by neurosphere
Tue Apr 03, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?
Replies: 93
Views: 5848

Re: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?

I don't think there would be any actively managed or leveraged funds if everyone was satisfied market indexed returns. Index fund matching market returns (minus a tiny fee) beat 75% to 90% of actively managed funds. Those who invest in active funds* are those who do not understand or know about the...
by neurosphere
Tue Apr 03, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Bonds in taxable account (short time in California)
Replies: 9
Views: 1022

Re: Portfolio advice: Bonds in taxable account (short time in California)

I am still awaiting advice on Bond funds in taxable account. VCAIX vs VWITX vs VTEAX? We are leaving California in about a year. See above for portfolio. Short answers: -- Not a fan of a indexed funds for tax-exempt bonds -- RE: california bond fund, doesn't matter much. In the short term you (may)...
by neurosphere
Mon Apr 02, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Bonds in taxable account (short time in California)
Replies: 9
Views: 1022

Re: Portfolio advice: Public Service Loan Forgiveness/Retirement

Voluntarily pay all student loan interest? I have had the recommendation to pay the student loan interest on our loans every year to prevent them from being recapitalized as a hedge against not having forgiveness. This would increase SL payment to ~3k monthly from minimum ~1k monthly. Would love to...
by neurosphere
Mon Apr 02, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Bonds in taxable account (short time in California)
Replies: 9
Views: 1022

Re: Portfolio advice: Public Service Loan Forgiveness/Retirement

My thoughts on your loan situation. Absolutely to NOT pay anything towards your loans! If you get PSLF, all that money is wasted. If you DON'T get PSLF, then anything put towards interest now is also wasted, because it does not reduce the rate of interest accrual. If desired, you should simply put a...
by neurosphere
Wed Mar 21, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 42
Views: 5978

Re: Downloadable Social Security Benefit Estimator (repost)

It doesn't work with Libre, entered all income fields, but the benefits cells are stuck at low values: Hmm, I've never worked with Libre, so I don't have insights into what might be going on, other than the obvious, which is that one or more of my formulas is not compatible with Libre. That's too b...
by neurosphere
Wed Mar 21, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 42
Views: 5978

Re: Downloadable Social Security Benefit Estimator (repost)

neurosphere, I signed up for an account on Bogleheads today to say thank you for this spreadsheet. It is exactly what I needed. I tested it several times using the SS site and it is spot on. Well done! :sharebeer Thanks CoachDave! And thanks for the feedback that it matches the SS site. Incidentall...
by neurosphere
Sun Mar 18, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Exemptions, W-4s, and Tax Liability
Replies: 12
Views: 927

Re: Tax Exemptions, W-4s, and Tax Liability

That's easy enough. We've done that and it looks like we'll have the same problem in 2018. Adding extra tax contributions isn't hard. What I'm trying to figure out is why. We have always been a dual-income household since we began work and filing taxes. What I can't figure out is why we went from a...
by neurosphere
Fri Mar 16, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 14510

Re: HSA family max contribution lowered to $6850 for 2018

I think the "Personal Finance Toolbox" spreadsheet still has the incorrect limit, if I'm looking at the current version? Anyone have an account at forum.mrmoneymustache.com to call attention to this fact? According to the discussion thread, it was updated on March 12. Version 11.03 thanks! I see no...
by neurosphere
Fri Mar 16, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 14510

Re: HSA family max contribution lowered to $6850 for 2018

I think the "Personal Finance Toolbox" spreadsheet still has the incorrect limit, if I'm looking at the current version? Anyone have an account at forum.mrmoneymustache.com to call attention to this fact?
by neurosphere
Fri Mar 09, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: MD-Phd (Harvard) vs MSTP (School X)
Replies: 44
Views: 3991

Re: MD-Phd (Harvard) vs MSTP (School X)

Unless there is a SPECIFIC mentor at Harvard that your child wants to work with, I do not think the "name" of harvard is worth anywhere near $200,000. The quality of education and research opportunities among the top 20 academic medical schools are essentially "tied", regardless of rankings. No one ...
by neurosphere
Mon Mar 05, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Advice on Attorneys
Replies: 48
Views: 2931

Re: Advice on Attorneys

I've always wondered, for MDs worred about malpractice, whether buying additional/extra/suffient malpractice insurance isn't the best asset protection there is. How often are there judgements in excess of insurance limits? How easy it is to buy insurance above what is typically provided by the emplo...
by neurosphere
Mon Mar 05, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Withholding calculator update for 2018: Actual withholding amount based on W4 entries
Replies: 10
Views: 1070

Re: Withholding calculator update for 2018: Actual withholding amount based on W4 entries

This calculator was helpful. It would be nice if there was a straightforward web-based version where you could do a multiple job calculation and show the as-is and make to-be projections **without trying to do the problematic calculation of withholding to-date and remainder due**. Maybe I'll add th...
by neurosphere
Sun Mar 04, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Withholding calculator update for 2018: Actual withholding amount based on W4 entries
Replies: 10
Views: 1070

Re: Withholding calculator update for 2018: Actual withholding amount based on W4 entries

I guess OneDrive doesn’t let you play with this in Safari on an iPhone? I can see the spreadsheet, but it looks read-only. The two input fields have grayed out input boxes and do not pop up the keyboard. hmm, not sure. If I open on desktop with chrome, it opens in read only mode and I have to click...
by neurosphere
Sun Mar 04, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Withholding calculator update for 2018: Actual withholding amount based on W4 entries
Replies: 10
Views: 1070

Re: Withholding calculator update for 2018: Actual withholding amount based on W4 entries

Thanks. Just curious, how this differ from a site like paycheckcity.com? I agree with FiveK, just a matter of preference. Paycheck city's payroll calculator requires one to enter values, hit next, look at the values, then hit back to perform a new calculation, enter to see results, etc. Also, they ...
by neurosphere
Sun Mar 04, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: My consulting is being taxed roughly 50% this year!?
Replies: 18
Views: 3200

Re: My consulting is being taxed roughly 50% this year!?

Neurosphere, You should be looking at line 44 of the 1040 to see what your INCOME TAX is.... Hi celia, I assume this meant to be directed at the OP, and not at me? You are correct, and it's a good reminder that there is the 'direct' tax on the income, then there are other taxes/credits which apply ...
by neurosphere
Sun Mar 04, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Withholding calculator update for 2018: Actual withholding amount based on W4 entries
Replies: 10
Views: 1070

Withholding calculator update for 2018: Actual withholding amount based on W4 entries

Hi all, I created (updated actually) a simple on-line calculator one can use use to determine how changes to a W4 will influence one's actual withholding per pay period: https://1drv.ms/x/s!Atj-cegEXidXpDtfG49zUCyD7A1z Just enter your ANNUAL wages, making sure to take into account amounts which migh...
by neurosphere
Sat Mar 03, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: My consulting is being taxed roughly 50% this year!?
Replies: 18
Views: 3200

Re: My consulting is being taxed roughly 50% this year!?

sigh, I lost my post somehow, so here is a super condensed summary. Your "extra" W2 income was taxed at 31%, and your 1099 at 42.4%. The difference is from the extra self-employment tax (minus a self-employment tax deduction). But note, an extra $1000 in W2 income would be taxed by the employer at 7...
by neurosphere
Fri Mar 02, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: My consulting is being taxed roughly 50% this year!?
Replies: 18
Views: 3200

Re: My consulting is being taxed roughly 50% this year!?

We file separately to reduce my wife's PAYE payments for her student loans. She is working toward the public service loan forgiveness program so it makes sense to keep her payments low now. Putting the money towards the 401k is a great idea. We are trying to build up some savings right now for a ho...
by neurosphere
Fri Mar 02, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: My consulting is being taxed roughly 50% this year!?
Replies: 18
Views: 3200

Re: My consulting is being taxed roughly 50% this year!?

Try this: Enter in all your income appropriately in your tax software. Now, add an additional $100 to your W2 income. How much did the overall state+local tax increase? Now, add an additional $100 to your 1099 income. How much more did your overall tax increase? Report those two number back here. Ke...
by neurosphere
Fri Mar 02, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Athens Greece in Sept
Replies: 17
Views: 1364

Re: Athens Greece in Sept

I do enjoy walking through this market when I'm in Athens. Don't go if you don't like seeing hanging meat and butchering.

https://www.athensguide.com/agora.html
by neurosphere
Fri Mar 02, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Athens Greece in Sept
Replies: 17
Views: 1364

Re: Athens Greece in Sept

Any recommend? Last time there was 1999-2000 New Years day. 18 years, a lot might have been changed. I will also be in Greece in Sept! Acropolis museum is a must see, it's a gem. Personally I don't care for the city of Athens and only spend a day or two when I'm there (I'm biased, have been 20+ tim...
by neurosphere
Fri Mar 02, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan information source
Replies: 18
Views: 1369

Re: Student loan information source

Edit: REPAYE payments would be $433/month where extended fixed would be $350. Extended graduated would start at $264 and is what I'd suggest she do but the graduated payments complicate estimating payoffs. Whatever the case, the lower payments would result in faster payoff of the more expensive Sal...
by neurosphere
Thu Mar 01, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: SSN for 1099 to receive interview travel re-imbursement
Replies: 21
Views: 1264

Re: SSN for 1099 to receive interview travel re-imbursement

Relax. The company wants her ssn number to give her some money and to run a credit check and back ground check before offering her a job. If she wants the job she needs to respond fast. And what she does about this is really not your concern. She doesn't have the job. If this is their sneaky way of...
by neurosphere
Thu Mar 01, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Student loan information source
Replies: 18
Views: 1369

Re: Student loan information source

... On the other hand, if not aiming for PSLF, once can (currently) find better interest rates by consolidating outside of the Direct Loan Program. Loan forgiveness would be nice but that's a 10 year bet based on an unreliable future. Besides which, my daughter's unlikely to be in an eligible job u...
by neurosphere
Wed Feb 28, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: "FREE" Employer Group Life - Really Costs You !
Replies: 52
Views: 4585

Re: "FREE" Employer Group Life - Really Costs You !

I've only skimmed part of this thread, but wanted to point out that imputed income can indeed be a big deal. My employer provides UNIVERSAL life insurance that I cannot opt out of, and which I don't need. It's expensive, and although the employer pays for it, $5000 in imputed income ends up on my W2...
by neurosphere
Wed Feb 28, 2018 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Student loan information source
Replies: 18
Views: 1369

Re: Student loan information source

... a direct loan consolidation does not change the interest rate, or rather, the new rate represents a weighted average of the consolidated loans, such that the total annual interest is the same after consolidation. ... That being the case, what's the point of a consolidation loan other than conve...
by neurosphere
Tue Feb 27, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Backdoor Roth IRA
Replies: 6
Views: 707

Re: Vanguard Backdoor Roth IRA

If it comes up, do NOT elect to have taxes withheld.
by neurosphere
Tue Feb 27, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct mishandles tax-exempt OID
Replies: 12
Views: 628

Re: TaxAct mishandles tax-exempt OID

In the desktop version of TaxAct, the entry area for form 1099-OID asks me for "other information" not on the form and asks "income reported in box 11 which is also exempt from state tax". I assume there would be a similar question if going through the interview process rather than direct forms entry.
by neurosphere
Tue Feb 27, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct mishandles tax-exempt OID
Replies: 12
Views: 628

Re: TaxAct mishandles tax-exempt OID

There should be a section on the state form or in a taxact worksheet which asks you to list the amount of this tax exempt interest which is also exempt from state. How else would TaxAct know that the entry in box 11 is tax exempt in your particular state?
by neurosphere
Tue Feb 27, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Student loan information source
Replies: 18
Views: 1369

Re: Student loan information source

I got married, and once I got married, my household income was too high to qualify, according to Sallie Mae. :? And you're right, I guess it did actually just even out my interest rate. What mattered to me at the time was it was a way to extend my repayment window and lower my monthly payments so I...
by neurosphere
Tue Feb 27, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Student loan information source
Replies: 18
Views: 1369

Re: Student loan information source

I also have graduate student loans, which I consolidated via the Federal Direct Loan Consolidation program . It brought my interest rate down from 7.5% percent to 6.25%. That was a stopgap measure because I was kicked off of income-based repayment; I was able to choose a graduated repayment plan to...
by neurosphere
Sat Feb 24, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: MAGI too high for ROTH
Replies: 22
Views: 2623

Re: MAGI too high for ROTH

Addressing only the TIRA portion of your questions. Yes, if you have an existing non-Roth IRA (which is also not an inherited IRA) which has pre-tax dollars, then the "value" of a backdoor Roth contribution is minimal. Given your large TIRA balance, you will be taxed on the majority or any conversio...
by neurosphere
Sat Feb 24, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Reporting Solo 401k Employee Roth contributions on taxes
Replies: 11
Views: 507

Re: Reporting Solo 401k Employee Roth contributions on taxes

I am a self employed individual in a one person LLC. I opened a Solo 401k this year. Do you mind if I ask with whom you have your solo 401k, and if you are happy with it? Expenses, investment options, customer service, etc? FWIW - I use T. Rowe Price for my solo 401K and I am happy with the investm...
by neurosphere
Sat Feb 24, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Reporting Solo 401k Employee Roth contributions on taxes
Replies: 11
Views: 507

Re: Reporting Solo 401k Employee Roth contributions on taxes

MSC63 wrote:
Fri Feb 23, 2018 7:58 am
I am a self employed individual in a one person LLC. I opened a Solo 401k this year.
Do you mind if I ask with whom you have your solo 401k, and if you are happy with it? Expenses, investment options, customer service, etc?
by neurosphere
Wed Feb 21, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Benefits for Higher Education
Replies: 5
Views: 364

Re: Tax Benefits for Higher Education

AAA wrote:
Wed Feb 21, 2018 2:26 pm
I am reading now about the Lifetime Learning Tax Credit (apparently the Tuition and Fees Tax Deduction is no longer available although some websites still list it).
Actually, about that tuition and fees deduction: viewtopic.php?t=241131
by neurosphere
Wed Feb 21, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: 403b plan forcing me from Vanguard to Fidelity!!
Replies: 9
Views: 801

Re: Oh no! 403b plan forcing me from Vanguard to Fidelity!!

So what's the closest I can get to my total US stock? 8th one down. "Institutional Index Institutional Plus". Now there's a mouth full. I'll bet that's an SP500 fund, which will work just fine as your Total Stock replacement. Although, the expense ratio is a little high, no? :wink: https://personal...