Personal Investments • Re: 1099-Q for roth conversion
So is the final answer to this question that as long as Box 4 is checked (T to T) and that the 1099-Q lists the beneficiary (child, not the parent-owner) as the "Recipient" (and Box 6 is blank), then...
View ArticlePersonal Investments • Re: $10 MM Net worth..need advise on growing to $20 MM
Assuming you want $20M in real dollars (inflation adjust so the equivalent of $20M in today's dollars) you would need to get about 3.5% ROR in addition to whatever inflation is going to be. If you...
View ArticlePersonal Investments • Re: Bernstein makes me wonder if I'm doing bonds all...
The cash would be for spending. That’s the entire pointWhat are you doing with the cash from the bond fund?I only pull it out when I need it. With a ladder, the bonds spit out cash on a schedule that...
View ArticlePersonal Investments • Re: Do I really need a self-directed brokerage account...
Or individual TIPS if the brokerage account allows it.That is why I started using the SDB account in my 401k this year. I am close enough to retirement, and old enough that I could easily be RIFd if...
View ArticlePersonal Investments • Re: Schwab Intelligent portfolio -Roth IRA - Thinking...
I had my taxable and an IRA account both in SIP accounts. I set it so that it was the most aggressive possible to reduce the cash holdings. If I recall, the cash holding was around 6-8%? I felt that...
View ArticlePersonal Investments • Re: Helping an 18-year-old open a Roth IRA at Vanguard
HI yes good idea, start them as soon as possible. It is my understanding that you only need to be 18 have your own account at Vanguard, I assume other fund companies are the same. A growth fund is...
View ArticlePersonal Investments • Re: HELP: After-Tax Variable Annuity TAXES
The way to get the more favorable tax treatment was something he could have done years ago: holding bonds in the variable annuity and stocks in his taxable account. Bonds do benefit from being in a...
View ArticlePersonal Investments • Re: 529 and American Opp. Credit - how use both?
I’ve had similar issues. This is the best reference I found to figure out how AOTC and 529 distributions interact. https://www.savingforcollege.com/articl ... tax-returnFor example, suppose a student...
View ArticlePersonal Investments • Portfolio review and rebalance suggestions
Emergency funds: Six months Debt: None Tax Filing Status: Single Tax Rate: 19% Federal, 6% State State of Residence: NJ Age: 34 Desired Asset allocation: 100% stocks Desired International allocation:...
View ArticlePersonal Investments • Re: Best approach to minimize taxes Fed and State (CA)...
Just based on what you shared it seems very clear the VUSXX even with the Fed taxes will yield a better after tax result. Perhaps thinking about VCADX is not ideal. Assuming a lower Fed tax rate like...
View ArticlePersonal Investments • Re: VTCLX vs VFIAX or VTSAX
Total Stock Market similarly comes out ahead in a comparison with 90% TM Capital Appreciation and 10% TM Small-Cap.That would have been during a period when VTCLX was managed with a mild growth tilt...
View ArticlePersonal Investments • Re: Is US Bond Fund FXNAX a poor choice?
I use FBNDX. Little more return, little more risk. Costs a little more.Statistics: Posted by Robertmoore — Sun Feb 02, 2025 8:02 pm
View ArticlePersonal Investments • Re: Vanguard 529: underwhelming approaching college,...
Thanks for your response "intendi".I read through the referenced thread. While it is helpful, it still does not definitely answer my scenario.I have reached out to a friend who is a CPA which handles...
View ArticlePersonal Investments • Re: I'm thinking of self managing, but I have a lot of...
Tax Filing Status: Single Tax Rate: 22% Federal, 5.525% StateState of Residence: New JerseyAge: 29Desired Asset allocation: 90% stocks / 10% bondsDesired International allocation: 25 - 35% of stocks...
View ArticlePersonal Investments • Re: Tax on dividends in IRA vs Investment Acct.
Dividends in a taxable account are taxed no matter what you do with them. Tax rates vary depending on your income and whether qualified or not. Dividends in an IRA or 401K are not taxed, unless you...
View ArticlePersonal Investments • Re: Rolled 401, please recommend strategy, funds, etc.
Not sure I'm clear on how well SS plus pensions/etc will match up against your monthly bills? Like do you really need an annuity to cover that? Also when do you plan to take SS...Re. annuities, keep...
View ArticlePersonal Investments • Re: Portfolio review request
Yes, you can simplify greatly and reduce expenses. You've already gotten good advice from others re: Fidelity and exchanging funds in tax-advantaged (401k, IRA, etc.).If I've done the math right, you...
View ArticlePersonal Investments • Re: ACAT fraud with a twist - Vanguard
Vanguard is particularly bad because there's no notification on outbound ACATs. Fidelity and Schwab both notify. Glad you were made wholeWells Fargo does not notify of outbound ACATS. This was Wells...
View ArticlePersonal Investments • Re: Pre-Tax Gov. 457B to Post Tax 457 Roth tax penalty...
Just a semantic correction: It's not a tax "penalty" per se. That penalty is for other plans (not gov 457bs) like 401ks where people might take money out of pretax 401k prior to 59.5 (some exclusions...
View ArticlePersonal Investments • Re: To Roth or not to Roth. That is the question.
At 20 years past retiring at 55, now in my RMD years, my annual Roth conversions that were, and still are, invested 100% in equity funds, have been the golden part of my early retirement years. For...
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