Search found 339 matches

by jmndu99
Sun Feb 07, 2016 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: How do I do this re rollover?
Replies: 8
Views: 454

Re: How do I do this re rollover?

Gonewiththewind wrote:My ignorance is showing. I believe I am eligible for a rollover IRA. I will give VG a call tomorrow to start the process. Thanks for your help!

No worries Gonewiththewind. I still don't know the questions, nor the answers.

That is what we are all here for.

Best,
J
by jmndu99
Sun Feb 07, 2016 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: How do I do this re rollover?
Replies: 8
Views: 454

Re: How do I do this re rollover?

Gonewiththewind wrote:Not eligible for either category of IRA.
Hello Gonewiththewind,

Are you eligible for a "non-deductible IRA"?

retiredjg assisted me understanding my options. I am hoping they will respond after you do

Best,
J
by jmndu99
Thu Feb 04, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Spreadsheet to show how taxable SS benefits will affect you
Replies: 112
Views: 20835

Re: Spreadsheet to show how taxable SS benefits will affect you

Thank you PapaGeek and others for all the contributions. I am not receiving SS at this time, but I would like to use this spreadsheet in OpenOffice. It seems that the Legend on the left side of the Graph is not converting as it should. Has any one here gotten this to work in Open Office? Thank you E...
by jmndu99
Thu Feb 04, 2016 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice - 1st time investor
Replies: 11
Views: 982

Re: Need advice - 1st time investor

Welcome OP,

Many will tell you, "wait 6 months before doing anything".

Since you are a self admitted noob, I suggest waiting for the "experts". How about starting with the bogleheads wiki. Read it, absorb it
by jmndu99
Wed Feb 03, 2016 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: New to Bogleheads: Portfolio advice please
Replies: 24
Views: 2722

Re: New to Bogleheads: Portfolio advice please

hello OP, Just to clarify, your wife has a 401(a)? as opposed to 401(k)? I am not an expert, but I am familiar with a 401(a). In my case a 401(a) is monies that have been "spilled-over" as "after-tax" after my contributions to my work 401(k) hit the 18k limit. Every year, I convert that 401(a) money...
by jmndu99
Tue Feb 02, 2016 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: First Investment Outside of Retirement Account
Replies: 10
Views: 1190

Re: First Investment Outside of Retirement Account

Bump.

Congrats on saving that amount.

Have you considered a taxable account?

Wait for other replies from more experienced posters

Semper Fi
by jmndu99
Fri Jan 29, 2016 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Combining backdoor Roth and rollover of 401k after-tax contributions
Replies: 27
Views: 3153

Re: Combining backdoor Roth and rollover of 401k after-tax contributions

OP, listen to retiredjg who helped me last year Also pay attention to your fathers marginal tax rate. Be careful as the conversion of after-tax dollars to Roth will add to his "income", the added income may push him into the next higher rate. I thought "conversion" of after tax dollars to Roth is n...
by jmndu99
Tue Jan 26, 2016 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Should I leave Ameriprise?
Replies: 58
Views: 7162

Re: Should I leave Ameriprise?

Hello, you know what "they" say! If you have to ask, then you know the answer.

best of luck
by jmndu99
Tue Jan 26, 2016 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $25,000 Short Term
Replies: 7
Views: 901

Re: Investing $25,000 Short Term

+ 1

18 month CD
by jmndu99
Tue Jan 26, 2016 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Cannot remove excess employer contribution to individual 401k
Replies: 21
Views: 3220

Re: Cannot remove excess employer contribution to individual 401k

hello, at this time I do not think I can assist answering your question. Sorry. However, I have a question for clarity. Is this an i401k (Individual, where you set it up? or is it an employer provided 401k? If it is an employer provided 401k, those "excess employer contributions" may be considered "...
by jmndu99
Mon Jan 25, 2016 9:35 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 196
Views: 28274

Re: The Big Short

Just saw the movie tonight, thoroughly enjoyed it. I feel like I was not touched by the collapse, but wondered if some of us fellow Bogleheads had been "touched" by the collapse. example, lost job, lost 401k. I have seen the studies by Fido and Vanguard that those who "stayed the course" recovered a...
by jmndu99
Mon Jan 25, 2016 6:42 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 16614

Re: What is your favorite Financial Quote or Metaphor??

Ein­stein said: “Those who under­stand inter­est earn it, those who don’t, pay it.”
by jmndu99
Fri Jan 22, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax $0 Federal - $0 State - $0 for filing
Replies: 10
Views: 2189

Re: Turbo Tax $0 Federal - $0 State - $0 for filing

I remember doing EZ by hand a while back. So easy
by jmndu99
Fri Jan 22, 2016 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: I hate ETFs!!! [Lessons learned from market not going as expected]
Replies: 68
Views: 9631

Re: I hate ETFs!!! [Lessons learned from market not going as expected]

Apologize in advance if I am repeating something already touched on, but thought it is an interesting point for the younger investors to understand. The OP is blaming ETF's for something he/ she should be blaming themselves for in this situation. The spread on VWO is a whole cent or 2 so it is VERY...
by jmndu99
Wed Jan 20, 2016 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Form 1040 - occupation?
Replies: 18
Views: 5228

Re: Form 1040 - occupation?

123 wrote:Oh come-on people the correct answer is "Boglehead".

Extremely nice!
by jmndu99
Wed Jan 20, 2016 10:21 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements Newsletter
Replies: 4
Views: 1124

Re: Jonathan Clements Newsletter

Thank you gkaplan for this contribution.
by jmndu99
Wed Jan 20, 2016 10:16 pm
Forum: Investing - Theory, News & General
Topic: My final review of hedge fund performance in 2015
Replies: 16
Views: 2533

Re: My final review of hedge fund performance in 2015

Thank you Mr. Swedroe for this posting, reminded me of so much
by jmndu99
Wed Jan 20, 2016 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Market down - lost alot of $ - nervous..
Replies: 60
Views: 8711

Re: Market down - lost alot of $ - nervous..

Hello, welcome to the "treacherous waters". I am a bit older than you. As an "Accumulator of Wealth" I welcome other peoples emotional selling as my opportunity to buy more shares at a lower price. When the market goes back up, as Toons said, those shares we buy today are going to propel the Growth ...
by jmndu99
Sun Jan 17, 2016 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Went over Roth IRA Contribution Limit
Replies: 7
Views: 983

Re: Went over Roth IRA Contribution Limit

https://www.irs.gov/publications/p590a/ ... 1000231024

EDIT: At the top of that page is a table of contents.
Look at the subhead; What if you contribute too much
by jmndu99
Fri Jan 15, 2016 8:28 pm
Forum: Personal Consumer Issues
Topic: [Vanguard Online Access Problems]
Replies: 113
Views: 5618

Re: Vanguard account access issues this evening?

UPDATE:

7:28 pm CST. I just tried logging in and received the same message, "account temporarily unavailable"
by jmndu99
Thu Jan 14, 2016 8:30 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3022
Views: 931058

Re: What Book Are You Currently Reading? Part VI

J.K. Lassrer's "Your Income tax 2016: for preparing your 2015 Return"

Free from Local Library.

Quite informative on a broad range of tax issues
by jmndu99
Wed Jan 13, 2016 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: My timing [stinks]!
Replies: 29
Views: 3696

Re: My timing sucks!

Guess what OP?

I lump summed this month too. 2 weeks after you and I am down too.

Staying the course.
by jmndu99
Sun Jan 10, 2016 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Combining backdoor Roth and rollover of 401k after-tax contributions
Replies: 27
Views: 3153

Re: Combining backdoor Roth and rollover of 401k after-tax contributions

OP, listen to retiredjg who helped me last year

Also pay attention to your fathers marginal tax rate. Be careful as the conversion of after-tax dollars to Roth will add to his "income", the added income may push him into the next higher rate.
by jmndu99
Sun Jan 10, 2016 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: TLH in 15% bracket--ever worth it?
Replies: 19
Views: 1828

Re: TLH in 15% bracket--ever worth it?

Kitces describes tax brackets pretty well: https://www.kitces.com/blog/understanding-the-mechanics-of-the-0-long-term-capital-gains-tax-rate-how-to-harvest-capital-gains-for-a-free-step-up-in-basis/ See Example 3. Oh, man this is awesome. Still relatively new here, haven't grasped the capital gain ...
by jmndu99
Wed Jan 06, 2016 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: How can I use LadyGeek's Rebalancing Spreadsheet with new contributions
Replies: 3
Views: 751

Re: How can I use LadyGeek's Rebalancing Spreadsheet with new contributions

Thank you so much swl.

It worked. I was hoping there was something out there that I could have on my PC

J
by jmndu99
Tue Jan 05, 2016 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: How can I use LadyGeek's Rebalancing Spreadsheet with new contributions
Replies: 3
Views: 751

How can I use LadyGeek's Rebalancing Spreadsheet with new contributions

Hello all, I have seen LadyGeek's Spreadsheet for portfolio re-balancing. I see that I can use it to re-balance by selling Stock Fund A to buy Bond Fund B. This method rebalances and leaves the Portfolio Value the Same Can someone help me to re-balance with new contributions? I need to buy more of S...
by jmndu99
Sun Jan 03, 2016 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Math help for Tax Strategy
Replies: 3
Views: 608

Re: Math help for Tax Strategy

Thank you terran.

FiveK, thanks for the link to your post which included so many ideas.

Happy 2016
by jmndu99
Sat Jan 02, 2016 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Math help for Tax Strategy
Replies: 3
Views: 608

Math help for Tax Strategy

Hello all, I am reading ""The Bogleheads' Guide to Retirement Planning", and have a few questions on page 84 under Roth 401(k) heading is a sentence, "One big advantage is that $16,500 in after-tax money is equivalent to $22,000 in pre-tax money if you're in the 25 percent tax bracket.? What does th...
by jmndu99
Tue Dec 29, 2015 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Nationwide 401k Advice for Beginners
Replies: 7
Views: 1279

Re: Nationwide 401k Advice for Beginners

hello,

The "Fund Window" is a brokerage component of the 401k.

In the "Window" is any fund, stock you want to purchase. At an additional fee of what listed, my opinion is, skip the window
by jmndu99
Tue Dec 29, 2015 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: 401k [with 100% employer match, any way to contribute more than 18k limit]
Replies: 7
Views: 1498

Re: 401k [with 100% employer match, any way to contribute more than 18k limit]

My company has a wonderful 401k match at 100% up to 15% of ones salary. At my current salary I am contributing the maximum $18,000 limit allowed by the irs and am receiving an additional $18,000 in employer matching contributions. However, as my salary increases next year I will be leaving addition...
by jmndu99
Tue Dec 29, 2015 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Mistakenly made after tax contributions to 401k. Can I get the money back?
Replies: 9
Views: 1327

Re: Mistakenly made after tax contributions to 401k. Can I get the money back?

Hello OP, this is not necessarily a bad thing. I always contribute after tax and do a conversion to my ROTH 401k

Good luck
by jmndu99
Mon Dec 28, 2015 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Overtime and taxes clarification
Replies: 13
Views: 3884

Re: Overtime and taxes clarification

Take some time to read IRS Pub 15 - Employer's Tax Guide. Page 42 is how to use withholding tables. The withholding tables for percentage method are on page 43. Tables for Wage Bracket Method are on page 46. IRS Pub 15 PDF: https://www.irs.gov/pub/irs-pdf/p15.pdf If you're paid weekly and work lots...
by jmndu99
Wed Dec 23, 2015 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 327
Views: 53687

Re: Vanguard TurboTax - Not Available 2015?

Fidelity is offering a free version of TurboTax Premier if you are at an appropriately exalted level. Log in, click "Guidance & Retirement", click "Taxes". If it is available to you, you should see "TurboTax® Online Premier Receive a free federal tax return with e-file." on the right. Even though i...
by jmndu99
Wed Dec 23, 2015 3:44 pm
Forum: Investing - Theory, News & General
Topic: Next year is the year for stock picking....
Replies: 26
Views: 3356

Re: Next year is the year for stock picking....

Ha, next year the Cubs will win the World Series
by jmndu99
Wed Dec 23, 2015 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: No "COMPENSATION" for Mother, can we work around this for ROTH with a "GIFT"?
Replies: 9
Views: 1118

Re: No "COMPENSATION" for Mother, can we work around this for ROTH with a "GIFT"?

Thank you all,

Thanks for the clarification of FICA and MC taxes.

I will put this to rest
by jmndu99
Wed Dec 23, 2015 11:11 am
Forum: Investing - Help with Personal Investments
Topic: No "COMPENSATION" for Mother, can we work around this for ROTH with a "GIFT"?
Replies: 9
Views: 1118

No "COMPENSATION" for Mother, can we work around this for ROTH with a "GIFT"?

Hello fellow Bogleheads, Mother is Single, collecting S.S. benefits. Medicare is taken out of S.S. benefit. Mom has royalty income, which the IRS does not consider Income for contribution to ROTH IRA. Because of the yearly amount of royalty income she has 85% of her S.S. benefit taxed. We are not lo...
by jmndu99
Sat Dec 19, 2015 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you who max out their 401k & Roth...
Replies: 30
Views: 4011

Re: For those of you who max out their 401k & Roth...

I continue to contribute to my (Pre-tax) Traditional401k after the IRS limit of 18k with contributions classified as "after-tax".

Then in January of the following your, I do a conversion of that "after-tax" money to my Roth 401k,
by jmndu99
Sat Nov 14, 2015 5:00 pm
Forum: Personal Consumer Issues
Topic: we have a [feral or stray] cat - need help
Replies: 67
Views: 6712

Re: we have a cat - need help

letsgobobby,

You must realize that you did not find that "cute little kitty". He or she picked you
by jmndu99
Mon Nov 09, 2015 9:46 pm
Forum: Local Chapters and Bogleheads Community
Topic: Chicago Bogleheads Meeting #7 Monday, January 19
Replies: 5
Views: 1853

Re: Chicago Bogleheads Meeting #7 Monday, January 19

I used the link provided to add myself to the mailing list.

Thank you
by jmndu99
Sat Sep 26, 2015 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Eureka - Just Discovered Part D new price list
Replies: 2
Views: 812

Re: Eureka - Just Discovered Part D new price list

drawpoker,

thank you for pointing this out.
I do not pay Medicare Part D, however my mother does. I will have to inquire if she received this book. If not, is there a place online for this information?

She has been using Walmart Humana Plan.
by jmndu99
Fri Sep 25, 2015 8:51 pm
Forum: Investing - Theory, News & General
Topic: Should I take out max 401k/pay period or spread it out?
Replies: 7
Views: 732

Re: Should I take out max 401k/pay period or spread it out?

Hello, I cannot answer your question, sorry. I can tell you my situation. I reach the IRS limit for pre tax contributions mid year like you. The company I work for allows all contributions after the IRS limit is reached to be classified as "after-tax" contributions. My employer continues matching my...
by jmndu99
Tue Sep 08, 2015 8:06 pm
Forum: Personal Consumer Issues
Topic: can you recommend a good waterproof men's winter boot
Replies: 37
Views: 3566

Re: can you recommend a good waterproof men's winter boot

OP, look into the winter boot selection of Redwing Boots, waterproof, 8", leather, tongue attached to boot. Everything you are looking for.
by jmndu99
Mon Aug 24, 2015 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Use the Dip to Clean Up Your Taxable Account
Replies: 17
Views: 2512

Re: Use the Dip to Clean Up Your Taxable Account

Thank you again retiredjg.

@livesoft, thank you for your reply too.

Best investing to all
by jmndu99
Mon Aug 24, 2015 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Use the Dip to Clean Up Your Taxable Account
Replies: 17
Views: 2512

Re: Use the Dip to Clean Up Your Taxable Account

Lots of folks out there have stuff in their taxable accounts they don't want any more but are keeping in order to avoid the capital gains taxes. To the extent you can, use this dip in the market to get rid of some of it. If the market goes lower, get rid of more. Do not be afraid to sell at a loss ...
by jmndu99
Mon Aug 24, 2015 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: All I can afford is to max my roth: an investment plan
Replies: 25
Views: 2392

Re: All I can afford is to max my roth: an investment plan

OP,

Ii you and girlfriend are residents of the State of Illinois, your State Income tax is not 5%, it is 3.75%

http://www.revenue.state.il.us/TaxRates/Income.htm
by jmndu99
Mon Aug 24, 2015 5:30 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 255
Views: 43296

Re: The Bogleheads' Silent Majority

Hello cfs and others, I am not a regular poster. I do check the forum everyday, looking to glean information appropriate for me. I usually find something. I am checking in to say that I WISH I COULD HAVE BOUGHT IN today. My 401k contribution is set for this coming Wednesday (hoping to buy low), and ...
by jmndu99
Sun Aug 23, 2015 8:13 pm
Forum: Investing - Theory, News & General
Topic: "FEAR" Is Here,...
Replies: 53
Views: 8587

Re: "FEAR" Is Here,...

Be greedy when others are fearful.

I think Warren Buffett said this, I may be wrong
by jmndu99
Wed Aug 05, 2015 7:25 pm
Forum: Personal Consumer Issues
Topic: Medical Informatics Engineering (MIE) Data Breach
Replies: 1
Views: 489

Medical Informatics Engineering (MIE) Data Breach

Good evening, My mother who is widowed received a letter from Medical Informatics Engineering, alerting her to a "data security compromise" (Data Breach) occurred at said company. The letter was in regard to my late father. I have/am/will take all necessary steps to keep both my deceased father and ...
by jmndu99
Thu Jul 23, 2015 5:51 pm
Forum: Personal Consumer Issues
Topic: Magazine Subscriptions
Replies: 37
Views: 3965

Re: Magazine Subscriptions

Trip to local library. Our county library lets one check out the non-current issues of magazines. The current issue must remain in the library, but eventually becomes the non-current issue. +1. Your property tax is already paying for the library, so might as well make the most use of it. Plus, the ...