Search found 2632 matches

by neurosphere
Fri Aug 18, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 39
Views: 2613

Re: Anyone roll their tIRA into the TSP?

In the civilian TSP for FERS participants, there is an automatic 1% contribution from the government regardless of whether the employee contributes or not. I don't know if that is true for the military or how that impacts this issue. Wouldn't someone in the military be covered by a pension, and "el...
by neurosphere
Fri Aug 18, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 39
Views: 2613

Re: Anyone roll their tIRA into the TSP?

One more important semantic point to emphasise based on my post above. As the IRS quote clearly shows, "eligibility" only applies to defined benefit plans, and not to defined contribution plans. And I suspect this is where a lot of the confusion comes from. Many folks assume that the 'eligible' defi...
by neurosphere
Fri Aug 18, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 39
Views: 2613

Re: Anyone roll their tIRA into the TSP?

One thing I've always wondered about this wording "covered by an employer for a 401k". If there is a 401k, but you didn't contribute at all that year, does that mean one can have a deductible tIRA that year? I believe the availability of the 401(k) is all that matters. If we are talking about a def...
by neurosphere
Thu Aug 17, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Little P**S Ants
Replies: 59
Views: 9082

Re: Little P**S Ants

invst65 wrote:
Thu Aug 17, 2017 3:59 pm
...but now the original little [ants --admin LadyGeek] are back. They are eating the terro bait again but I'm getting sick of it.
I missed this comment in my earlier post. If they are eating the terro bait now, chances are they will eventually die. But it can take a while for this to occur.
by neurosphere
Thu Aug 17, 2017 5:28 pm
Forum: Personal Consumer Issues
Topic: Little P**S Ants
Replies: 59
Views: 9082

Re: Little P**S Ants

I put down terro ant killer and that got rid of them for a while but then they were replaced by a little, tiny black species that didn't seem interested in the terro bait at all. It seems you are saying that this current ant problem is not helped by Terro, which suggests they are not sugar ants. Ma...
by neurosphere
Thu Aug 17, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 42
Views: 4016

Re: Billing 99212 for rx refill?

sawhorse wrote:
Thu Aug 17, 2017 4:38 pm
goodenyou wrote:
Thu Aug 17, 2017 2:37 pm
Just out of curiosity, how much were you billed? Most 99212 charges are minimal. I think Medicare reimburses close to $25 for a 99212. It is less than 1 RVU.
$50
My boss(es) would be thrilled to have me bill $50 for a refill. :moneybag
by neurosphere
Thu Aug 17, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth IRA - what to do with gains?
Replies: 19
Views: 3116

Re: Mega Backdoor Roth IRA - what to do with gains?

Yes, and since the checks were made out to CCD, there may have been taxes withheld. Doesn't anything withheld need to be added back to complete the transfer? That's a good point. If any taxes have been withheld, those need to be added back so that they stay with the rollover. Otherwise the taxes wi...
by neurosphere
Thu Aug 17, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth IRA - what to do with gains?
Replies: 19
Views: 3116

Re: Mega Backdoor Roth IRA - what to do with gains?

I like kicking the tax can down the road. I would put it in your trad IRA then roll the trad IRA back into your pre-tax 401k. -steph I'm just trying to follow what you're saying: since the gains from your after tax contributions are "pre-tax " you say roll them into a tIRA then roll them back into ...
by neurosphere
Wed Aug 16, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Fees with bad 401K
Replies: 20
Views: 1244

Re: Rollover Fees with bad 401K

-- Most 401ks will not allow a rollover to an IRA while you are still employed. Do you know if this is possible? -- Can you list all the funds and expense ratios in the 401k? What's the other Vanguard fund available to you? -- Are there other investing fees besides the mutual fund expense ratios? --...
by neurosphere
Wed Aug 16, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 42
Views: 4016

Re: Billing 99212 for rx refill?

When you sign the contract to be an in network provider with the insurance company I am sure somewhere in there it says you agree to use the codes correct. That means if you bill code XXXXX then you did what it explains as code XXXXX. If you are in a procedural field you will notice that many of th...
by neurosphere
Wed Aug 16, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Accountant liable for penalties?
Replies: 33
Views: 3808

Re: Accountant liable for penalties?

Update: My sister talked to the accountant, and he advised sending in the payment to stop the interest clock from running, and he is going to write a letter to the state explaining the situation and asking for a refund for the penalties. He apparently was not aware that payment had to be send in wh...
by neurosphere
Wed Aug 16, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 42
Views: 4016

Re: Billing 99212 for rx refill?

NS, No it is fraud to use a billing code for something it is not meant for, just like it is to upcode AND downcode. The codes are made for CMS and the commercial insurers just follow suit. That is why it is a big deal when CMS cuts reimbursement because everyone else's fee schedule is just a % of m...
by neurosphere
Wed Aug 16, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 42
Views: 4016

Re: Billing 99212 for rx refill?

Electronic records are no quicker and actually slower because the doctor has to weed through the same pages of useless material to find the info they need. Electronic records do not help the doctor nor the patient. They only help the administrative/government agencies who like to data mine to find ...
by neurosphere
Tue Aug 15, 2017 5:23 pm
Forum: Personal Consumer Issues
Topic: [Prevent mail theft; sign for USPS Informed Delivery]
Replies: 213
Views: 17751

Re: Postal Service -- "informed delivery"

This is also an advertising feature. Mailers have the option to include images representing the mailing in the email. Imagine a postcard advertising a new restaurant. A "representative" photo of the postcard comes via email (for your eyeballs) and and then the actual mailer comes (for your finger an...
by neurosphere
Tue Aug 15, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Accountant liable for penalties?
Replies: 33
Views: 3808

Re: Accountant liable for penalties?

We were fine with him filing the extension, where the problem is is that he did not tell us we needed to sent in an estimated tax payment; we assumed that we just paid when he got things done. He is the professional, not us, and we had no idea that we needed to pay it when the extension was filed. ...
by neurosphere
Tue Aug 15, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Planning for my Wife - Introductory Post & First Question
Replies: 23
Views: 3491

Re: Planning for my Wife - Introductory Post & First Question

We both have HSA accounts. As I understand, she will be able to use mine as hers after my death, is that correct? I'm a fan of removing eligible HSA dollars periodically to keep things simple. In this case, consider wiping the slate clean regarding past receipts. This will simplify matters for your...
by neurosphere
Tue Aug 15, 2017 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Accountant liable for penalties?
Replies: 33
Views: 3808

Re: Accountant liable for penalties?

My mother passed away in February and the accountant we went to (on recommendation of a family member) said he wouldn't get the taxes done on time and that he was going to file an extension. He told us there might be a "small amount" due in interest. That small amount has ballooned up to $1400 beca...
by neurosphere
Sun Aug 13, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) overcontribution?
Replies: 6
Views: 491

Re: 403(b) overcontribution?

My second question is - if I continue to contribute to the 403b, and accidently overcontribute, what exactly happens? Reading online, employers typically "don't" let you you do that (I'm at the same employer). However, when I called my plan folks (who have often given me differing answers to questi...
by neurosphere
Sun Aug 13, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) overcontribution?
Replies: 6
Views: 491

Re: 403(b) overcontribution?

Here is some brief general information about what might happen if there is an overcontribution. Don't take any of this as "fact", but just as something to research and verify. While it's annoying if there is an accidental over-contribution to an employer plan, correcting it is not all that hard. Let...
by neurosphere
Sun Aug 13, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 5626

Re: Bernstein's Simpleton's Portfolio

I favorably mention low-expense target date funds in If You Can. I don't recall specifically mentioning life strategy funds. My personal portfolio is slice and dice, small and value tilted, international split into EM, EU, pacific, and some small, and my bonds are corporates, TIPS, munis, and junk ...
by neurosphere
Sat Aug 12, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 5626

Re: Bernstein's Simpleton's Portfolio

I favorably mention low-expense target date funds in If You Can. I don't recall specifically mentioning life strategy funds. Hi Bill! In my financial planning lectures to young/new investors, the final slide in the presentation contains a variant of my signature line. My personal portfolio is slice...
by neurosphere
Thu Aug 10, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds and Interest rates increase
Replies: 34
Views: 3198

Re: Bonds and Interest rates increase

I have been reading about the "bond bubble" and moving asset allocation into short term bonds or cds. One example: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=224687 If I had done that when I first started hearing about a "bond bubble" (years ago) I would be poorer. Match your bond durati...
by neurosphere
Wed Aug 09, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Municipal Funds in a Traditional IRA?
Replies: 24
Views: 1561

Re: Municipal Funds in a Traditional IRA?

aramv wrote:I was thinking...
I'm curious how/why the thought of investing in municipal bonds in an IRA became something you were considering enough to ask a question about.
by neurosphere
Wed Aug 09, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to file a gift tax return?
Replies: 26
Views: 2229

Re: Do I need to file a gift tax return?

What if I sell my $250,000 luxury car to my child for $100? What if I am a landlord and rent one of my rental apartments to a friend for $100/month, when I could probably get $4000/month for it? Can somebody comment on this? Assume that $250K car was purchased privately and in my own name and not u...
by neurosphere
Wed Aug 09, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Do I need to file a gift tax return?
Replies: 26
Views: 2229

Re: Do I need to file a gift tax return?

No tax expert here, but why would the IRS care? Gifting has to do with lifetime limits of estate inheritance. Correct, and the estate tax is something the IRS cares about. And gifting is one way to reduce or eliminate estate tax, so tax-free gifting is limited/regulated by the IRS, and a gift tax r...
by neurosphere
Wed Aug 09, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Do I need to file a gift tax return?
Replies: 26
Views: 2229

Re: Do I need to file a gift tax return?

You can sell a car to anyone for any price nothing to do with your tax return. The irs has no way or could care less. This was not a sale, it was a gift. And gifts can have tax consequences for the giver. In addition, there are times when a sale (or other transaction) can indeed be something the IR...
by neurosphere
Wed Aug 09, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Should I hold bond fund for period equal to duration?
Replies: 16
Views: 1214

Re: Should I hold bond fund for period equal to duration?

Therein lies my conundrum - what are the consequences if I change jobs and liquidate my 403b bond fund in say 2 years? I have no intention of leaving this money with my employer's 403b administrator due to their fees. At that point, I would surely liquidate and move that money to my rollover IRA an...
by neurosphere
Wed Aug 09, 2017 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Ex Pat Physical Presence Test Spreadsheet/Calculator?
Replies: 5
Views: 884

Re: Ex Pat Physical Presence Test SS Calculator?

Does anyone know of or possess a spreadsheet that will calculate the required days in/out of the US that can be kept and updated on an ongoing basis? What requirements are you talking about? I believe there are more than one physical presence test set of rules depending on the situation? Are you re...
by neurosphere
Tue Aug 08, 2017 9:13 pm
Forum: Investing - Theory, News & General
Topic: Certified Financial Planner experience for biz cash
Replies: 9
Views: 1088

Re: Certified Financial Planner experience for biz cash

The guy seemed fairly honest and said that he uses a tactical strategy to try to limit downside risk but then the positive returns in bull markets aren't as good as S&P 500. Do they actually teach this stuff in CFP school? Perhaps not. Although they should actively teach "against" these kinds of th...
by neurosphere
Tue Aug 08, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Need help understanding TIPS funds
Replies: 15
Views: 1644

Re: Need help understanding TIPS funds

In light of these market crosscurrents, and based on our expectation of a rise in inflation and interest rates, we continue to modestly overweight longer-term TIPS. ... This statement from page 9 of the Vanguard Inflation-Protected Securities Fund 12/31/2016 Annual Report is strange on three counts...
by neurosphere
Tue Aug 08, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Need help understanding TIPS funds
Replies: 15
Views: 1644

Re: Need help understanding TIPS funds

Many many years ago I found this article at TIAA very helpful in understanding TIPS: https://www.tiaainstitute.org/sites/default/files/presentations/2017-02/73.pdf It was written in 2002, but most of it is still relevant useful. But I'll have to read it again to see if there are any predictions whic...
by neurosphere
Mon Aug 07, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: New physician with debt and cash
Replies: 15
Views: 1834

Re: New physician with debt and cash

I'll look into refinancing, and paying it off like crazy. Is it worth taking that rollover amount back (it went from 457b to Rollover IRA, still within the 60 days) and dropping it on the loans? Or will I still get burned the 10% penalty since it already has been transferred? I imagine Neurosphere ...
by neurosphere
Mon Aug 07, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: New physician with debt and cash
Replies: 15
Views: 1834

Re: New physician with debt and cash

I haven't explored refinancing it at all. I imagine I can; and I know a few percent would make a big difference. Credit is good. I'm leary of losing the 'death and disability' that convinces everyone that Federal loans are better. Partnership would come in a couple of years - it would offer a perce...
by neurosphere
Mon Aug 07, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: New physician with debt and cash
Replies: 15
Views: 1834

Re: New physician with debt and cash

I assume your current job is not PSLF-eligible and/or you are not even considering the remote possibility of 10 years of qualifying jobs? What is your current payment plan, or are you waiting for the 6 month grace period to expire? Regardless, if you choose the REPAYE plan, your payments will be und...
by neurosphere
Sun Aug 06, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

I wouldn't use Chase cards if my intent was to book Delta flights on an ongoing basis. I'd either stick to cash back cards or get AMEX cards which earn MR that transfer to Delta. Agreed. Once I spend down my existing points I'll likely cancel the card or research a more efficient CSR points solutio...
by neurosphere
Sat Aug 05, 2017 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor roth - help working through an emotional hurdle
Replies: 16
Views: 1692

Re: Mega backdoor roth - help working through an emotional hurdle

Take a look at how your 401a plan works. My 401k permits a mega backdoor Roth, and it has a weird clause that says you can deposit money to the after tax account anytime you want by sending the plan administrator a check. This is great advice, thanks. I took a look and unfortunately contributions a...
by neurosphere
Sat Aug 05, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Commuter Tax benefits for non-work public transit trips?
Replies: 10
Views: 842

Re: Commuter Tax benefits for non-work public transit trips?

I'm not sure that document referenced is even relevant to this discussion. it does not reference the IRS or Tax Code (other than a reference to tax-free subsidy limits) and seems to be specifically about abuse of a specific defined Transportation Subsidy Program. https://oig.federalreserve.gov/repo...
by neurosphere
Sat Aug 05, 2017 9:30 am
Forum: Personal Consumer Issues
Topic: [SOLVED] VG Account Compromised: Please Advise
Replies: 30
Views: 3089

Re: VG Account Compromised: Please Advise

A similar thing happened to my wife and me with our treasury direct accounts, when we each, within a minute, were sent a "one time passcode" via email. This only occurs after putting in the account number and then entering the password. But on TD, the password has to be entered with the mouse by cli...
by neurosphere
Fri Aug 04, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Email today from Quicken CEO...I assume changes are coming...
Replies: 7
Views: 1725

Email today from Quicken CEO...I assume changes are coming...

I got an email from the CEO of Quicken today. I can only assume that changes are coming to the price or pricing model. :x Some of this stuff is known, e.g. the new "quicken ID" to replace the Intuit ID. But whenever I hear "enhancements" I assume "price increases". At least that's what happens whene...
by neurosphere
Fri Aug 04, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Commuter Tax benefits for non-work public transit trips?
Replies: 10
Views: 842

Re: Commuter Tax benefits for non-work public transit trips?

The first section of pub 15-b (https://www.irs.gov/pub/irs-pdf/p15b.pdf) which describes fringe benefits which are excludable from income defines a fringe benefit as follows: A fringe benefit is a form of pay for the performance of services. For example, you provide an employee with a fringe benefit...
by neurosphere
Fri Aug 04, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Commuter Tax benefits for non-work public transit trips?
Replies: 10
Views: 842

Re: Commuter Tax benefits for non-work public transit trips?

Interesting. I found several employee guides which claim that non-commuting expenses are not eligible as part of a tax-deductible employer reimbursement plan. But I cannot find any official documentation. One question I have is whether the reference you provide covers a transit pass purchased throug...
by neurosphere
Fri Aug 04, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Widow Benefit Question (urgent)
Replies: 27
Views: 2357

Re: Social Security Widow Benefit Question (urgent)

started working again after he had retired & made too much money My understanding is that benefits are not reduced after full retirement age regardless of income. So I'm wondering if the age your father started working again was before his full retirement age? Also, I'm not sure what "had to pause"...
by neurosphere
Thu Aug 03, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Widow Benefit Question (urgent)
Replies: 27
Views: 2357

Re: Social Security Widow Benefit Question (urgent)

Thanks for this - for completeness, mom was receiving her correct amount. They had a slightly complicated situation in that Dad started working again after he had retired & made too much money , so he had to pause his benefits, pay back some money and later turn benefits back on when he re-retired....
by neurosphere
Thu Aug 03, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

I wouldn't use Chase cards if my intent was to book Delta flights on an ongoing basis. I'd either stick to cash back cards or get AMEX cards which earn MR that transfer to Delta. Agreed. Once I spend down my existing points I'll likely cancel the card or research a more efficient CSR points solutio...
by neurosphere
Thu Aug 03, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

Agreed. Hotels are a little hit or miss, but airline tickets have always been accurate to the penny. What you may be finding is you are seeing prices for "basic economy" from the airlines and for regular economy on the Chase site. That's true. That has been an issue too, the basic/regular economy d...
by neurosphere
Thu Aug 03, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Anybody with Student Loans applying for PSLF in October 2017?
Replies: 24
Views: 2384

Re: Anybody with Student Loans applying for PSLF in October 2017?

If you live in one of the 9 community property states, MFS won't help you because each spouse generally has to report half of their own income, withholding and deductions, and half of their spouse's income, withholding and deductions. That is a critical point which I unfortunately forget to remind ...
by neurosphere
Thu Aug 03, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Anybody with Student Loans applying for PSLF in October 2017?
Replies: 24
Views: 2384

Re: Anybody with Student Loans applying for PSLF in October 2017?

In my opinion, do not worry about changes to the program affecting current borrowers. No one has proposed making any changes for anyone with existing loans. Because when they do, it will be done in the dark of night. Not one dime has ever been forgiven under any of these "plans". There's many "ways...
by neurosphere
Thu Aug 03, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Anybody with Student Loans applying for PSLF in October 2017?
Replies: 24
Views: 2384

Re: Anybody with Student Loans applying for PSLF in October 2017?

To add my two cents, only a few of the plans allow you to separate your spouse's income by married filing jointly. IBR will let you do that, but my understanding is that REPAYE will not. https://myfedloan.org/borrowers/repayment-plans/ A big upside to REPAYE is that the government will will pay 50%...
by neurosphere
Thu Aug 03, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Anybody with Student Loans applying for PSLF in October 2017?
Replies: 24
Views: 2384

Re: Anybody with Student Loans applying for PSLF in October 2017?

My wife has made her 48 or so qualifying payments under Pay as You Earn, and she's actually in the process right now of consolidating and having everything transferred from Nelnet to FedLoan (though we've already confirmed with FedLoan that her previous 48 payments will count towards the 120, since...
by neurosphere
Thu Aug 03, 2017 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Anybody with Student Loans applying for PSLF in October 2017?
Replies: 24
Views: 2384

Re: Anybody with Student Loans applying for PSLF in October 2017?

I'm about 35 payments in. I consolidated and got transferred to FedLoan since I marked interest in PSLF (in my experience, many people who consolidate and mark interest in PSLF get transferred there). FedLoan has been great, DOE certifications work great (they actually certify qualifying payments a...