Personal Investments • T Bill or Money Market?
T-bills interest is not taxable for state income tax.Is that true if held in a tax advantaged account?Statistics: Posted by retireIn2020 — Thu Jan 04, 2024 4:07 am — Replies 5 — Views 742
View ArticlePersonal Finance (Not Investing) • Help me with RMD for deceased father's...
Your mom should put the tax-deferred money (check) into a traditional IRA. The post-tax check needs to go into a Roth IRA. (Why would someone want to pay taxes again on an account holding post-tax...
View ArticlePersonal Finance (Not Investing) • Marriage tax penalty and getting a prenup...
My goodness. Have you talked about being married and one (or both) of you want to stay home to raise the kids? Or what happens if one of you becomes disabled and can no longer work? How would you...
View ArticlePersonal Investments • I've Maxed Everything Out and Want to Make Sure I'm...
Congratulations! I am glad you decided to go with I-bonds and TIAA Traditional for your fixed income.Statistics: Posted by lakpr — Fri Jan 05, 2024 2:57 am — Replies 40 — Views 8780
View ArticlePersonal Investments • Portfolio Advise needed by a retiree
OP, Congrats on creating your large retirement pot.As others have indicated, you could simplify a little which would make management a little easier, however you have done extremely well and are well...
View ArticlePersonal Investments • Backdoor Roth and Magi for engaged couple
For 2024 money, I’m telling him to open a traditional and recategorize the funds like she does already, . . . I assume you are telling them to "recharacterize". That would make the contribution be as...
View ArticlePersonal Finance (Not Investing) • preferred tax preparation software?
IRS FreeFile Fillable Forms! It's completely free for individuals and usually opens up for the tax year around Jan 15. It allows you to file basically all individual tax forms, I think including...
View ArticlePersonal Investments • Baby portfolio review and 457 question
Are you married? Or Single but engaged?You will not be able to contribute to a Roth IRA if you are also contributing to a workplace retirement plan in the same year, if Married Filing Separately.You...
View ArticlePersonal Finance (Not Investing) • Finding cost effective mid-tier colleges...
My son is now in his mid 30s and is an IT manager at a Fortune 500 company so it worked well for him. A solid second tier California public university should be accredited by the same organizations as...
View ArticlePersonal Investments • Rolling assets into old 401k -- categorically disallowed?
TSP allows pretax assets from other accounts to be rolled in, even if you are no longer a Fed employee.In the private sector, the only exceptions I read on these forums are GE plan and FedEx...
View ArticlePersonal Consumer Issues • Interior paints
i use lowes maintenance paint $37 for 5 gallons. i paint white over white. no problemManufactured by Sherwin-Williamshttps://www.lowes.com/pd/Property-Advan ... lsrc=aw.dsStatistics: Posted by bog007...
View ArticlePersonal Consumer Issues • Quaker Recall Refund
I got an email from Amazon on Friday the 15th telling me about the recall with a link to fill out a form on the official Quaker website because I had purchased one of the recalled items. I filled it...
View ArticleInvesting - Theory, News & General • Textbook recommendation
Not a book recommendation but I like a couple of John Cochrane papers: Portfolio Advice for a Multi-factor World, and Portfolios for Long-Term Investors. The articles highlight the most glaring...
View ArticlePersonal Investments • "Safe" Use of Aggregator?
I attempted to use an aggregator but the transaction data just .... Wasn't very good at all. Stuff like duplicate transactions the day things clear and large amounts of reordering, incorrect or...
View ArticlePersonal Investments • Transfer money from our Vanguard account to adult...
Hemispheres,I transferred money from our (me and DW) Vanguard joint account to our daughters' Vanguard account just yesterday. (I've done this a few time in the past as well.) So yes, the accounts are...
View ArticlePersonal Investments • interest received in IRA during backdoor Roth
I'm doing a backdoor Roth and I received something like $6 in interest in the traditional IRA before the rollover was complete. Can I transfer this money out of the tIRA without paying the 10% penalty...
View ArticlePersonal Investments • Recharacterization of IRA contribution
CorrectSolid.Statistics: Posted by placeholder — Sat Jan 06, 2024 12:47 am — Replies 5 — Views 549
View ArticlePersonal Finance (Not Investing) • What is the Worst Financial...
College.I'm 38. If i had invested my $120k college fund in an S&P index fund, it would be worth over $650K today, and likely close to $2 million by the time i turned 60. Instead I spent it on a...
View ArticlePersonal Finance (Not Investing) • Finding witnesses for a trust document
My wife and I need to amend some trust documents and we're supposed to have two witnesses sign off on them. However, we're very private about our finances and would rather not have friends or...
View ArticlePersonal Investments • Company offering Market Based Cash Balance Plan,...
I have also never worked alongside a fellow Boglehead. It's amazing to me the level of (financial) ineptness that I see amongst my fellow non-bogle colleagues. You can lead a horse to...
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