Personal Investments • Re: Solo 401k $500 annual tax credit from Secure 2.0?...
Just google “IRS Retirement Plans Startup Costs Tax Credit”Got to love “the google”!!billI've been almost exclusively Bing since 2013 and this is what I got on a Bing...
View ArticlePersonal Investments • Re: Private Equity Vanguard
Confused here. When I think of "private equity", what comes to mind, is that a professor at the local university wants to commercialize his research, taking it off-campus. He needs money. Along comes...
View ArticlePersonal Investments • Re: Time to Build my Own Annuity with 20 year Bonds??
I share similar thoughts in DIY annuity when long-term bond yield is high. That's why I invested ~$400K recently split between agency bonds in IRAs (>5% yield to maturity w/ call protection...
View ArticlePersonal Investments • Re: How do I report Roth conversion after RMD
Part II of Form 8606 is used to report conversions to Roth IRA.Statistics: Posted by RyeBourbon — Fri Feb 23, 2024 6:49 pm
View ArticlePersonal Investments • Re: converting VTSAX to VTI inside of a traditional...
... I'm curious if anyone has had this conversion done in a Traditional or Roth account.Yes, I've done that in my Roth IRA.Statistics: Posted by sycamore — Fri Feb 23, 2024 6:49 pm
View ArticlePersonal Investments • Re: Can you purchase Avantis ETF at Merrill Edge?
Why wouldn't you just try it and see what happens?Statistics: Posted by DaveTH — Fri Feb 23, 2024 6:55 pm
View ArticlePersonal Investments • Re: Does it make sense to do any TLH with this meager...
Then how do I go about getting how much the health care fund is costing me tax-wise compared to total stock market?Here is one way:1. Write down the dollar amount of your VCHGX back on January 1,...
View ArticlePersonal Investments • Re: Review of 3.5M portfolio and plan for retirement...
… Current Income: His employment: $173k annual; Her: $55k annualCurrent Expenses: $90k annualDesired Retirement Spending: $130k annual…… New annual Contributions -$35k his 401k -$20k her 401k -$7k his...
View ArticlePersonal Investments • Re: Financial advisor recommendation--beyond the usual...
It's not clear to me what exactly you're hoping to gain by having an adviser. It's obvious what someone who knows nothing about finances and investing has to gain, but someone who's already apparently...
View ArticlePersonal Investments • Re: Questions about Whole Life
Hi, thank you for posting and giving me your thoughts. The policy was purchased when I was 22, and I am currently 30. I finish my residency in a few months. I'm fortunate to have zero loans and have...
View ArticlePersonal Investments • Re: Basis Still Showing on Form 8606 even though no...
Now obviously my conversion shows a $0 basis left on line 14 which is accurate even though due to the rounding on the form it technically shows the non taxable amount was $12,502 when really it was...
View ArticlePersonal Investments • Re: Confused - Reporting I Bond Proceeds (TurboTax)
I found the 1099 on Treasury Direct - thanks. Is it normal that I didn't receive on in the mail?Treasury Direct refuses to mail 1099s or pretty much any other information.Interestingly I still hold...
View ArticleClik here to view.
Personal Investments • Re: Meeting with "fiduciary" CFP results
My father was a CFP for very large company when I was growing up in the 80's. "Fiduciary" was not a popular topic back then. I started doing my own investing after graduating from college and my...
View ArticlePersonal Investments • Re: Avoiding wash sale for tlh of intermediate tax...
Why not use VWSTX? Or just keep in settlement fund?Statistics: Posted by rkhusky — Sat Feb 24, 2024 7:03 pm
View ArticlePersonal Investments • Re: From stunned, to appalled and terrorized. [Looking...
Re-insurance isn't something made up. They are companies that provide insurance to insurance companies. Consistent with the agreement announced on Sept. 15, 2021, Fortitude Re has acquired one of...
View ArticlePersonal Investments • Re: HSA Post Retirement
I would start depleting the HSAs. You can use them to reimburse yourself for Medicare premiums.Statistics: Posted by RyeBourbon — Sun Feb 25, 2024 7:07 pm
View ArticlePersonal Investments • Re: Treasury Direct - The Eternal Wait and No Way To...
I am NOT advocating illegal behavior. What would be the penalty/drawback in this situation.Electronic Wife dies, Treasury has NOT been notified. A series of electronic Ibonds are held with two...
View ArticlePersonal Investments • Re: Dividend Question - Pls help me understand for...
I have had a taxable account since 1996 and still maintain it in retirement. For 2023, It disbursed $17,288 in QD/LTCGs and $4,900 on non-qualified income. I also took a $17K distribution on my 401k...
View ArticlePersonal Investments • Re: Asset Allocation 101
That makes a lot of sense. I have always appreciated the simplicity of domestic + international but perhaps got a little carried away in “tinkering” so maybe you’re right. Just go VTI and VXUS and...
View ArticlePersonal Investments • Re: Bank’s savings account vs. US treasuries
I can't read the article, but I understand that the Fed is winding down its Reverse Repo window as the target interest rates are achieved and the liquidity issues in the market have stabilized.The...
View Article