Personal Finance (Not Investing) • Sole prop now S corp, clarifying solo 401k...
Hello - husband had a sole prop for the month of January 2023, and then February 1st changed to an LLC/S corp. He had a solo 401k and continued contributing to that during the year. When filing our...
View ArticlePersonal Investments • Simple IRA rollover and Solo401k rollover.
Two separate questions. 1. We would like to rollover a fidelity simple IRA, well over 10 years old, to a traditonal or rollover IRA. The fidelity rep said something about “comingling” issues specific...
View ArticlePersonal Finance (Not Investing) • Even with a well-planned budget, does...
DW and I, both in our mid-50s, are contemplating an early retirement soon before we hit 60. We have savings of about 30X estimated annual expenses, including budget for healthcare costs (premiums,...
View ArticlePersonal Finance (Not Investing) • How to have student claim AOTC?
I’m looking for some advice with claiming the AOTC or the LLC for 2023. My spouse and I file jointly and are above the income limit to claim it for 2023. We did receive the AOTC for 2022 (1st year)...
View ArticlePersonal Consumer Issues • Lost car key - Best replacement options ?
Hello,I lost my Mazda CX9 2011 car key, i have the duplicate key but I'm afraid if I loose that, i will be dead under water.Where is the best place to get a replacement key ?I called the dealer,...
View ArticlePersonal Investments • Tax question re: mega BD Roth 401k To Roth IRA
Suppose I have contributed $100k into an after tax 401k which is immediately rolled into a Roth 401k which then accumulates to $200k. I leave the job and roll the 401k into a Roth IRA. Does the 5 year...
View ArticlePersonal Finance (Not Investing) • How can tell if FDLXX is state tax exempt...
I have read many posts saying that FDLXX is mostly state tax exempt.I am looking at the 1099-DIV from Fidelity, I can't tell anywhere that says it's state tax exempt.The same goes to Vanguard's VUSXX....
View ArticlePersonal Investments • Nice problem to have
Almost every time since about November I look at my retirement accounts, the total is higher. I keep thinking I will get tired of looking but I don't. I lived through the go-go 90s and I know this is...
View ArticlePersonal Investments • Invest cash when interest goes down
If you already are investing your cash in a Money Market fund.Such as SWVXX or VMFXX.Where will you move that money to when interest rates start to come down?Anticipating when the Federal Reserve...
View ArticlePersonal Finance (Not Investing) • Two 529 plans, which one to withdraw first?
If I have two 529 plans, what are the considerations for which plan should I withdraw the money first (for qualified education expenses)?Is it better to withdraw and deplete the money from the plan...
View ArticlePersonal Investments • Selling underperforming funds for tax loss harvesting
I am trying to figure out if I should sell my underperforming funds for tax loss harvesting or should I wait for this funds to come back. I bought them a couple years ago. At that time I didn't know...
View ArticlePersonal Consumer Issues • Interesting Price Differences For $4k Streaming...
I was thinking of upgrading our HBO/Max plan from Ad-Free to Ultimate to pick up 4K streaming... (let's ignore for the moment that I at least have a bit of a hard time telling the difference between...
View ArticlePersonal Finance (Not Investing) • Annuity 10% penalty tax exception -...
I had a non-qualified annuity that I purchased when I was younger and dumber. After wising up, I surrendered the policy in 2023. As I'm doing my 2023 taxes, I realized there is a 10% penalty for...
View ArticlePersonal Finance (Not Investing) • Filing taxes for late Required Minimum...
Due to a mixup with my accounts at Vanguard, I did not get my Required Minimum Distribution in for 2023 by December 31, 2023. I took the late distribution in February and I know I have to file Form...
View ArticlePersonal Investments • Withdrawing from what account in a recession.
Soon to be a retiree.Let's say that I have an 401K all equity account and a taxable CD account. I can go 5 years of expenses on the CD account, but the bulk of my assets are in the equity account. I...
View ArticlePersonal Finance (Not Investing) • Bigger Down Payment or Invest?
Spouse and I are both early career physicians age 31. We will be buying a home in July 2024 in a HCOL area worth ~1.15m. We have cash saved to put either 10% or 5% down and will be using a physician...
View ArticlePersonal Investments • Avge or VT?
Young investor, held in a Roth IRA. I know a of the value premium and am aware of the tax efficiency of AVGE, but will AVGE be able to outperform over a 50 year period given the fees?Statistics:...
View ArticlePersonal Investments • Keep Vested Company Stock or Withdraw?
I have around $10k in stock awards at my current company that vested last December. So far, it is sitting at a $400 loss from the original cost basis when it vested. The stock historically has barely...
View ArticlePersonal Finance (Not Investing) • HSA ineligible contrubtions in CA
Hey All, I opened an HDHP plan in January so I could get an HSA. I made the mistake of thinking that prior year contributions with HSA's are the same as with IRAs and thought that because I'm now...
View ArticlePersonal Investments • Starting to get a little queasy with my AA
54 years old, DW is 51Total Retirement Portfolio is 785K and DW has a pension that, assuming she works until 64 or 65 will pay about 1800 / month. I try not to even think about the pension, it's going...
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