Personal Finance (Not Investing) • Urgently need advice regarding Universal...
Hello,I am desperately trying to help my family with making better informed financial decisions. My father (now in his 70s) purchased a Legacy Secure Universal Life policy through Lincoln Benefit...
View ArticlePersonal Finance (Not Investing) • Can I have more than one 529 account...
I currently have the Vanguard 529 plan which I think is sponsored by Nevada for my 2 beneficiaries. I live in CA and got a flyer for Scholarshare, saying if I open it I can get a bonus $50. I also saw...
View ArticlePersonal Finance (Not Investing) • Company reverse pretax FSA benefit for...
So the company I work for didn’t pass for Cafeteria Benefits Plan testing which means they have to make our pretax benefits now taxable for highly compensated employees. I only use them for...
View ArticlePersonal Investments • Roth Ira
Hi Im 57 y/o, I have Roth IRA. for a while now. When I reach 59 1/2, can i withdraw the money and interest i contributed from when i was 57 y/o. Does it matter the money was only in my account for 2...
View ArticlePersonal Investments • Paying cash for house?
We are in our 70's, portfolio about $5.5 million. Will be moving from our condo to a single family house and willing to pay up to $500,000. We are thinking of paying cash. Does that make sense? Is...
View ArticleInvesting - Theory, News & General • Important things you've learned on...
Please share anything that you consider significant or helpful that you’ve learned on the BH forum, including a brief statement of why it’s important to you. Here’s my list, at least for now:1.To...
View ArticlePersonal Investments • E-Trade: Mechanics of buying with cash in MM fund
I am considering opening an account at Etrade, having no former experience with that broker. As I understand, the good thing is the availability of high-yield low-ER money market funds, such as VMFXX,...
View ArticlePersonal Finance (Not Investing) • Too Many Voices: I'm Arguing with Myself...
Hi all,I've decided to take out ~ $415k a year from 2025 - 2031 from our IRA, of which a large fraction will go into Roth. This is being done to blunt IRMAA somewhat, to blunt rising RMD, and as a...
View ArticlePersonal Finance (Not Investing) • Disability insurance - best place to buy at
Hello - currently shopping for disability insurance. What is best easy to navigate online space to buy disability insurance?Using term4sale.com for life insurance and looking for similar disability...
View ArticlePersonal Finance (Not Investing) • W2 equivalent income ? Real estate
Any CPAs on the forum ? Checking my logic here as real estate has many write offs and a w2 job dosent have many.What equivalent w2 income I need to make to keep $9000 after tax rental income?so if I’m...
View ArticlePersonal Investments • Parking Cash in SPAXX or FZDXX?
My sister had a bit of a windfall ($2M) and is in the market to buy her first house in CA. She lives in CA and I'm advising her to pay cash considering current interest rates. The money is currently...
View ArticlePersonal Finance (Not Investing) • Assurant Insurance Optional Property...
Homeowners insurance through Assurant. Supposedly I can get a discount for doing a remote property inspection. What is the catch?Statistics: Posted by DarkHelmetII — Thu May 09, 2024 6:56 pm — Replies...
View ArticlePersonal Finance (Not Investing) • Removal of Excess Contributions
In Jan 2022, my wife and I both contributed the max $6k to our Roth IRA accounts. In December, it turns out we were above the MAGI limit to be eligible for Roth contributions. I am able to...
View ArticlePersonal Investments • We saved nothing for college...BUT...
Yes, we have saved absolutely nothing for college. No 529 account of any kind. Child #1 – graduates in 2026Child #2 - graduates in 2028Current retirement savings (his and hers): $668,000.00 Annual...
View ArticleInvesting - Theory, News & General • Online learning and engagement for...
Hello,Are there any well regarded online classes that engage kids (8-18) to learn about investing? Kids this age tend to lose focus as this content can get rather dry kids, so I was wondering if there...
View ArticlePersonal Investments • Pension vs Lump Sum: Implications of no-COLA
Hi,I have looked through the many excellent discussions on pensions vs lump sum. Understanding that each situation is likely unique, as a general rule though, if the pension has no COLA does the lump...
View ArticlePersonal Investments • Seeking Guidance on Investment Strategies and Fund...
I am reaching out to seek guidance as a newcomer in the realm of investments. Over the past few years, I've had some apprehensions about investing due to previous experiences with financial advisors...
View ArticlePersonal Investments • Naming trust as a beneficiary to a joint "tenants...
My wife and I have a taxable brokerage account at Vanguard. It is a joint account and purposefully titled as tenants by the entirety for asset protection purposes. We now have two daughters and...
View ArticleInvesting - Theory, News & General • Should you sell options on dividend...
Assume you have a portfolio including VT, Vanguard Total World Stock ETF, which has a current price of $110.40. The fund pays dividends, last year's June dividend was $.65 and you plan to reinvest...
View ArticlePersonal Investments • Portfolio review (new house purchase, assumed low rate...
Hi all. Kindly request a portfolio review in light of a recent unanticipated house purchase. I was lucky enough to be able to assume the seller's low VA loan rate. This (plus an upcoming...
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