Search found 10607 matches

by DSInvestor
Tue Jun 13, 2017 12:34 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 4540

Re: Roth 401k > Traditional 401k

I have no pension and am grateful to have max'd out Traditional 401k and Traditional Solo 401k while working and in a high tax bracket. Now that I am retired and living off a taxable account taking advantage 0% Fed tax rate on QDI and LTCG, I have been able to do conversions of my Traditional assets...
by DSInvestor
Sun Jun 11, 2017 11:27 pm
Forum: Personal Consumer Issues
Topic: Want to archive DVD's (movies, etc) onto standalone unit
Replies: 10
Views: 1104

Re: Want to archive DVD's (movies, etc) onto standalone unit

patrick wrote:
DSInvestor wrote:Vudu has a service called Disk to Digital that allows you to convert DVD movies to electronic format.
That is a rather bizarre (though somehow increasingly common) name for the service -- DVDs are already digital!
Maybe "disk to cloud" would be more appropriate.
by DSInvestor
Sun Jun 11, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Want to archive DVD's (movies, etc) onto standalone unit
Replies: 10
Views: 1104

Re: Want to archive DVD's (movies, etc) onto standalone unit

Vudu has a service called Disk to Digital that allows you to convert DVD movies to electronic format. Once converted, you can play the movie on a streaming box box, smartphone, tablet or computer using the Vudu app. I believe it costs $2/movie for Standard definition (SD), $5 to HD. The VUDU app on ...
by DSInvestor
Thu Jun 08, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 21107

Re: Best credit card for cash back

I have Citi DoubleCash. No annual fee, 2% cash back, but has 3% foreign transaction fee. One feature I like about this card is the CITI Price Rewind service where you'd register your purchase of an item (upload a receipt, date, store and amount), then the service looks for lower prices for 60 days f...
by DSInvestor
Tue Jun 06, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: Balancing and need to add bond fund - Vanguard or Fidelity?
Replies: 2
Views: 435

Re: Balancing and need to add bond fund - Vanguard or Fidelity?

The fidelity fund that is best match for Vanguard Total Bond (VBTLX) is Fidelity US Bond Index fund FSITX for the premium class (10K minimum initial investment). I have accounts at both firms and hold both funds. You'd be fine with either one.
by DSInvestor
Tue Jun 06, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Cell phone battery calibration
Replies: 17
Views: 1647

Re: Cell phone battery calibration

If your phone is old and has a user replaceable battery, the replacement may only be $10-20.
by DSInvestor
Tue Jun 06, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Cricket Wireless Groups
Replies: 31
Views: 3441

Re: Cricket Wireless Groups

I would give you a referral but got a stern warning from a mod here not to do that on this site. Looks like you already got one anyways. It looks like the referral program is no longer active anyways.[/quote] I believe the referral program is still active. There was a recent change to make it part ...
by DSInvestor
Thu Jun 01, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Hypothetical tax efficiency question
Replies: 3
Views: 583

Re: Hypothetical tax efficiency question

I'm trying to get my head around how qualified dividends are treated. If your only income was qualified dividends, how much income could you have and pay zero taxes? For marrieds, is it really $75,900? No, it is more than $75,900. Qualified Dividend Income (QDI) is taxed at 0% fed tax rate up to th...
by DSInvestor
Tue May 30, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Roth IRA vs Roth 457/403
Replies: 14
Views: 627

Re: Thoughts on Roth IRA vs Roth 457/403

Here is a link to Fairmark's Designated Roth accounts page which deals with Roth 401k/403b:
http://fairmark.com/retirement/roth-acc ... -accounts/
by DSInvestor
Tue May 30, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Roth IRA vs Roth 457/403
Replies: 14
Views: 627

Re: Thoughts on Roth IRA vs Roth 457/403

MrNewEngland wrote:There are no Roth RMDs.
This is true only for Roth IRA. Roth 401k, Roth 403b, Roth 457b have RMD.
by DSInvestor
Tue May 30, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Roth IRA vs Roth 457/403
Replies: 14
Views: 627

Re: Thoughts on Roth IRA vs Roth 457/403

Transfer of Roth 403b assets to Roth IRA would avoid RMD on the Roth 403b assets. I am assuming here that the total of contribs excluding employer contribs at age 50 is 18+6 or $24k, and that this money can be directed/split across both employer and personal accounts (that is, it can go into a 403b ...
by DSInvestor
Mon May 29, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: best watch for climbing/mountaineering?
Replies: 9
Views: 1211

Re: best watch for climbing/mountaineering?

Can anyone recommend a good watch with an altimeter/GPS for hiking, climbing, and/or mountaineering? Perhaps one in the Garmin line? Many thanks. Just started using something new in the last month, a Gaia GPS app for the iphone. It's like $20 and when you leave cell coverage you need to download th...
by DSInvestor
Mon May 29, 2017 7:48 pm
Forum: Personal Consumer Issues
Topic: Freezer not freezing
Replies: 6
Views: 853

Re: Freezer not freezing

Is the freezer door sealing?

Link to SFGate's Repair Freezer running but not freezing:
http://homeguides.sfgate.com/repair-fre ... 63889.html
by DSInvestor
Mon May 29, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: best watch for climbing/mountaineering?
Replies: 9
Views: 1211

Re: best watch for climbing/mountaineering?

Here's a review of altimeter watches from OutdoorGearLab.com:
http://www.outdoorgearlab.com/topics/ca ... eter-watch
by DSInvestor
Sun May 28, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: 401K and SEP Contribution Limits
Replies: 6
Views: 463

Re: 401K and SEP Contribution Limits

Question: Are the SEP retirement contributions ... (1) part of the $54,000 401k limit or (2) a completely separate limit? Thanks! The contribution limits for 401k on your employer plan and your self employed business are separate so you could potentially have 54K to 401k and another 54K to SEP-IRA/...
by DSInvestor
Sat May 27, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding ROTH IRA conversion and taxes owed
Replies: 12
Views: 875

Re: Question regarding ROTH IRA conversion and taxes owed

Hi, I got a bill from the IRS for 2015 regarding a ROTH IRA conversion. Specifically what I did last year was put 5000 into the traditional IRA at Vanguard, then a few days later before any interest accrued, I converted it into a Roth IRA. The IRS must have gotten the 1099-R form from Vanguard for ...
by DSInvestor
Sat May 27, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding ROTH IRA conversion and taxes owed
Replies: 12
Views: 875

Re: Question regarding ROTH IRA conversion and taxes owed

Hi, I got a bill from the IRS for 2015 regarding a ROTH IRA conversion. Specifically what I did last year was put 5000 into the traditional IRA at Vanguard, then a few days later before any interest accrued, I converted it into a Roth IRA. The IRS must have gotten the 1099-R form from Vanguard for ...
by DSInvestor
Fri May 26, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 32
Views: 6345

Re: Voyager Select vs Flagship

Vanguard Flagship: https://investor.vanguard.com/investing/benefits/flagship Exclusive benefits When you call, you'll speak with an experienced Flagship representative who will act as your guide to all the services we offer our high-net-worth clients. Whenever you're facing a complex situation or ch...
by DSInvestor
Fri May 26, 2017 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA but want to keep SEP-IRA
Replies: 16
Views: 1749

Re: Backdoor Roth IRA but want to keep SEP-IRA

4) If you're married and your spouse does not have a SEP-IRA, he/she can use the backdoor into Roth IRA. Your spouse's 8606 form will only look at his/her IRA assets and ignore yours. If you want to keep the SEP-IRA, you should skip the backdoor into Roth IRA. Have you run through form 8606 to see ...
by DSInvestor
Wed May 24, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA but want to keep SEP-IRA
Replies: 16
Views: 1749

Re: Backdoor Roth IRA but want to keep SEP-IRA

4) If you're married and your spouse does not have a SEP-IRA, he/she can use the backdoor into Roth IRA. Your spouse's 8606 form will only look at his/her IRA assets and ignore yours. If you want to keep the SEP-IRA, you should skip the backdoor into Roth IRA. Have you run through form 8606 to see h...
by DSInvestor
Tue May 23, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: Should I way some bonds in my Roth for this situation
Replies: 5
Views: 430

Re: Should I way some bonds in my Roth for this situation

Yup! I did say the backward didn't I. Thanks. Just curious why you don't tax adjust? Thanks cody I don't have much income tax liability. I do not have a defined benefit pension and am at least 10-15 years from starting social security. My assets are in Taxable accounts, Trad IRA and Roth IRA. Livin...
by DSInvestor
Tue May 23, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Should I way some bonds in my Roth for this situation
Replies: 5
Views: 430

Re: Should I way some bonds in my Roth for this situation

I think that will work. If I want to keep it dollar for dollar I could adjust for taxes value. Sell $10K in Roth equity. In tax deferred exchange maybe $12K equity to 12K bonds. Could do the exact math at the time. Seem right? cody I think you have it backwards in your tax deferred accts - exchange...
by DSInvestor
Tue May 23, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Should I way some bonds in my Roth for this situation
Replies: 5
Views: 430

Re: Should I way some bonds in my Roth for this situation

You may have bonds in your Roth IRA, but do you have bonds in your Traditional accounts? If you need to withdraw 10K from Roth IRA (all stocks) and prefer not to sell stocks from the portfolio, simply add an exchange 10K of bonds for stocks in your Traditional IRA at the same time. 1) In Roth IRA, s...
by DSInvestor
Tue May 23, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Confused -- Roth vs Traditional IRA
Replies: 8
Views: 810

Re: Confused -- Roth vs Traditional IRA

I am a 30 year old currently making $175,000 yearly. I have a 403(b), 457(b) account available to me through my job. I am currently doing a Roth IRA for myself and my wife is doing a Roth IRA for herself as well. We are a one-income family at this time. I have recently seen some articles about Roth...
by DSInvestor
Tue May 23, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Confused -- Roth vs Traditional IRA
Replies: 8
Views: 810

Re: Confused -- Roth vs Traditional IRA

deltaneutral83 wrote:How can you contribute the max to two different retirement accounts 403b, 457b?
457b has a separate 18K limit that is not shared with 401k/403b.
by DSInvestor
Mon May 22, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: SEP IRA vs. investment account
Replies: 8
Views: 842

Re: SEP IRA vs. investment account

If you're self employed and have no employees other than your spouse, you're eligible for Solo 401k. I prefer Solo 401k over SEP-IRA because Solo 401k gives you the option to contribute more than SEP-IRA on the same income. Say your income allows 15K to SEP-IRA, Solo 401k would allow 15K employer pr...
by DSInvestor
Mon May 22, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: HELP -- Solo 401k vs SEP-IRA
Replies: 6
Views: 562

Re: HELP -- Solo 401k vs SEP-IRA

Since you've maxed out employee contribution plus catchup to your 403(b) at your workplace plan, you have no contribution room left to make any employee contributions to your Solo 401k. This leaves only employer profit share contribution to your Solo401k which is approximately 20% of sole proprietor...
by DSInvestor
Sat May 20, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: IRS asking me to pay the tax on full Traditional to Roth Conversion : 1099-R
Replies: 24
Views: 3182

Re: IRS asking me to pay the tax on full Traditional to Roth Conversion : 1099-R

The key to proper handling of backdoor into Roth IRA is to enter both steps of the backdoor. 1) Contribution to Traditional IRA and 2) 1099-R for the conversion step. 1. Contribution to TIRA will add IRA basis to form 8606 if the contribution is non-deductible. If deductible, IRA deduction shows up ...
by DSInvestor
Sat May 20, 2017 2:41 am
Forum: Personal Consumer Issues
Topic: iPhone GPS apps
Replies: 15
Views: 1565

Re: iPhone GPS apps

For hiking, I like Gaia GPS. I think we paid $19.99 but I think it's worth it. If you have family sharing on your iTunes account, others in your family can use it as well. http://www.macworld.com/article/3077471/ios/gaia-gps-helps-you-find-your-way-anywhere-even-offline.html For driving, I still lik...
by DSInvestor
Thu May 18, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Home cordless phone recommendation, which takes AA or AAA batteries
Replies: 30
Views: 2476

Re: Home cordless phone recommendation, which takes AA or AAA batteries

telemark wrote:You might try only putting the handsets in the charger when they need charging. Depending on the charger design, it may be trying to overcharge the batteries, or simply cycling them more often than needed.
This is what I do. My headsets are only on the charging cradle if they need charging.
by DSInvestor
Tue May 16, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: Use of Drivers License for air travel
Replies: 20
Views: 2285

Re: Use of Drivers License for air travel

I guess I should get a Passport, since you cannot even go over the border to Canada anymore without one. I have an expired passport. Can I use that for the required identification for the new one? Canada will accept other forms of ID (such as enhanced drivers license) at land crossings. I believe p...
by DSInvestor
Tue May 16, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Target Date Funds in Taxable Account
Replies: 40
Views: 5840

Re: Target Date Funds in Taxable Account

The tax on your TR fund's income would be higher if you held it in a taxable account. TR funds hold taxable bonds and the income from these are non-qualified dividend income (taxed as ordinary income). Qualified Dividend Income is taxed at lower tax rates (as low as 0%). The glide path of the TR fun...
by DSInvestor
Mon May 15, 2017 9:52 pm
Forum: Personal Consumer Issues
Topic: Home cordless phone recommendation, which takes AA or AAA batteries
Replies: 30
Views: 2476

Re: Home cordless phone recommendation, which takes AA or AAA batteries

We have a panasonic cordless phone set that uses NiMH rechargeable AAA batteries. I use Eneloop rechargeable AAA batteries in my panasonic handsets.
by DSInvestor
Mon May 15, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: Switch from iPhone to Google Fi and Pixel?
Replies: 37
Views: 4764

Re: Switch from iPhone to Google Fi and Pixel?

The Pixel is a nice phone. I would pass on Google Fi. Sprint + T-mobile together are worse than Verizon or AT&T. I don't want to be rewarded for not using my phone. I want to use it. Freely. H2O Wireless - Unlimited calls/Unlimited text/3GB 4g LTE data/Unlimited 2G data for $27/month (includes all ...
by DSInvestor
Sat May 13, 2017 8:20 pm
Forum: Personal Consumer Issues
Topic: Bookkeeping software for iPad? Quickbooks?
Replies: 5
Views: 703

Re: Bookkeeping software for iPad? Quickbooks?

I believe Quickbooks is available in desktop (windows) and online. The online version should be able to work on an iPad or smartphone. Quickbooks Online: https://quickbooks.intuit.com/online/ Quickbooks page for Comparison of Desktop vs Online: https://quickbooks.intuit.com/move-to-quickbooks-online...
by DSInvestor
Tue May 09, 2017 11:23 pm
Forum: Personal Consumer Issues
Topic: How to find deals?
Replies: 9
Views: 1696

Re: How to find deals?

For items that you can buy with credit cards, I find it helpful to use a card like Citi Double Cash which has the CITI Price Rewind feature. You register your purchase with the Citi Price rewind service and it will search for lower prices for 60 days. If a lower price is found, you will get the pric...
by DSInvestor
Tue May 09, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: Why is Citi giving me money?
Replies: 10
Views: 2470

Re: Why is Citi giving me money?

Just checked it out, seems pretty easy but you do have to upload your receipt. I just went through my credit card statements and couldn't find anything to use this with though so I think it's of limited benefit, to me atleast. If you shop online, receipts are easy to find - print to PDF and then up...
by DSInvestor
Sat May 06, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Qualified dividends or cd
Replies: 10
Views: 852

Re: Qualified dividends or cd

hoops777 wrote:Good suggestion DS but does not work for me.
Is that because you don't hold stocks in IRA? Note that if you have an IRA brokerage account, you may be able to buy CDs in your IRA which would be more tax efficient than buying CDs in taxable.
by DSInvestor
Sat May 06, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Qualified dividends or cd
Replies: 10
Views: 852

Re: Qualified dividends or cd

Why not invest this 100K along with the rest of your portfolio per your desired asset allocation, while paying attention to tax efficient fund placement? Note that a purchase of 100K stocks in the taxable account does not have to be a 100K net purchase of stocks. If your tax advantaged accounts have...
by DSInvestor
Sat May 06, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Best Jambalaya in New Orleans??
Replies: 2
Views: 459

Re: Best Jambalaya in New Orleans??

TripAdvisor - Best jambalaya in New Orleans: https://www.tripadvisor.com/Restaurants-g60864-zfd10910-New_Orleans_Louisiana-Jambalaya.html If you'd like some oysters or oyster po-boy along with your jambalaya, Acme Oyster House in the French Quarter. Mothers on Poydras St (CBD) is an interesting plac...
by DSInvestor
Sat May 06, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Detailed explanation of income for Solo 401 k
Replies: 28
Views: 1451

Re: Detailed explanation of income for Solo 401 k

I don't think so. Someone will need to correct me if I'm wrong, but I believe that SEP-IRA contributions are reported as a reduction of income on the 1040, whereas S-corp Solo 401k contributions are reported via a reduction of W-2 Box 1 income (employee contribution) and as a business expense on 11...
by DSInvestor
Fri May 05, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Detailed explanation of income for Solo 401 k
Replies: 28
Views: 1451

Re: Detailed explanation of income for Solo 401 k

I didn't realize the contribution had to be taken out of the paycheck. I still have well over $18k in payroll left for the year. Does the employer 25% have to be taken out evenly or can that be done in one lump sum contribution? The employee salary deferral contribution has to be withheld from payc...
by DSInvestor
Fri May 05, 2017 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: When you didn't have 401(k)/403(b), did you have IRA?
Replies: 46
Views: 2762

Re: When you didn't have 401(k)/403(b), did you have IRA?

I have always liked IRA and have contributed to it every year. I didn't have an employer plan for the first 8 years of my career so IRA was the only tax advantaged option available to me. I have friends who struggle to make ends meet and some of them do not contribute at all to any retirement plan. ...
by DSInvestor
Fri May 05, 2017 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Detailed explanation of income for Solo 401 k
Replies: 28
Views: 1451

Re: Detailed explanation of income for Solo 401 k

Just like with a SEP IRA, a solo 401k employer contribution is limited to 25% of compensation. W-2 wages are compensation. K-1 distributions are not. Thank you for explaining that so simply. Essentially we can contribute an extra $36,000 towards the 401 K vs SEP IRA but it also means I can't hire a...
by DSInvestor
Fri May 05, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Detailed explanation of income for Solo 401 k
Replies: 28
Views: 1451

Re: Detailed explanation of income for Solo 401 k

I agree with posters above. The employer profit share contribution percentage must be the same for all plan participants. If you get 25% of your W-2 salary as employer profit share, then your spouse (also an employee) must also get 25% of his/her W-2 salary as employer profit share. If you are age 5...
by DSInvestor
Thu May 04, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 31775

Re: Where to Live on $60K or Less a Year?

Lots of beautiful scenery in Western Washington north of Seattle, perhaps near Bellingham. Mild weather, close to water and mountains. Seattle is close to the south. Vancouver BC close to the north. San Juan Islands, Mount Baker, Mount Rainier, North Cascades. Lots of great options for hiking, bikin...
by DSInvestor
Wed May 03, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Trad IRA – pointless if modified adjusted gross income (MAGI) is beyond IRS limit?
Replies: 9
Views: 1080

Re: Trad IRA – pointless if modified adjusted gross income (MAGI) is beyond IRS limit?

Hello, everyone, My spouse and I maxed out the $5,500 traditional IRA annual contribution limit for 2016 ($11,000 in total). Our original strategy was to write this amount off in our personal tax return. I.e. reduce the amount of income subject to taxation... Only to find out while preparing our ta...
by DSInvestor
Wed May 03, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Trad IRA – pointless if modified adjusted gross income (MAGI) is beyond IRS limit?
Replies: 9
Views: 1080

Re: Trad IRA – pointless if modified adjusted gross income (MAGI) is beyond IRS limit?

I think there is no point to make non-deductible traditional IRA contributions unless one can convert the contributed money reasonably quickly to a Roth IRA. Cannot EVERYONE convert a non-deductible traditional IRA to a Roth? I get it that many don't know about it and/or consider it a "gray area" o...
by DSInvestor
Mon May 01, 2017 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth conversion of IRA that contains only appreciated post tax assets?
Replies: 10
Views: 663

Re: Backdoor Roth conversion of IRA that contains only appreciated post tax assets?

dn123, do your tax returns include form 8606 to track your IRA basis from your IRA contributions? If you do not see form 8606 in your tax returns, check line 32 (IRA deduction) in your 1040 form. With 100K IRA basis, you should have 15-20 years of tax returns with 8606 forms. If you have never done ...
by DSInvestor
Mon May 01, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth conversion of IRA that contains only appreciated post tax assets?
Replies: 10
Views: 663

Re: Backdoor Roth conversion of IRA that contains only appreciated post tax assets?

Just curious, given the size of the basis in this example and how valuable Roth space is wouldn't it still be worthwhile even if the plan fees were not so low? If the fees were too high couldn't you roll the funds back out into your iIRA the next tax year 2018 if need be and not be a taxable event?...