Search found 1930 matches

by Soon2BXProgrammer
Fri Apr 16, 2021 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: What Does College Tuition Really Cost?
Replies: 5
Views: 209

Re: What Does College Tuition Really Cost?

I understand what tuition cost at my state universities (about $15K a year), but I'm not sure what it would cost for private or even out of state state universities. I keep on hearing that you get tuition breaks for being a good student, finance etc. For background my kid will have a 4.0 GPA (but n...
by Soon2BXProgrammer
Fri Apr 16, 2021 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Before Medicare begins: Use your HSA tax free funding distribution
Replies: 11
Views: 869

Re: Before Medicare begins: Use your HSA tax free funding distribution

My understanding is that the IRA->HSA rollover takes the place of your contribution. There is nothing fancy about this. You could just withdrawal from the IRA and make an HSA contribution.. and the net on your taxes should be the same (in most cases) Note the bold, above. " The distribution [i...
by Soon2BXProgrammer
Fri Apr 16, 2021 11:27 am
Forum: Personal Investments
Topic: Moving from Mutual Funds to ETFs: Market or Limit Buys?
Replies: 12
Views: 481

Re: Moving from Mutual Funds to ETFs: Market or Limit Buys?

This dilemma is exactly what has kept me from converting my VG mutual funds to their ETF equivalents. Uh.. you don't have to sell and buy... you can ask vanguard to convert them. I thought it was clear that NYCPete knew they could do the conversion, but NYCPete didn't want to deal with the anxiety ...
by Soon2BXProgrammer
Fri Apr 16, 2021 11:24 am
Forum: Personal Investments
Topic: Moving from Mutual Funds to ETFs: Market or Limit Buys?
Replies: 12
Views: 481

Re: Moving from Mutual Funds to ETFs: Market or Limit Buys?

NYCPete wrote: Fri Apr 16, 2021 11:20 am This dilemma is exactly what has kept me from converting my VG mutual funds to their ETF equivalents.
Uh.. you don't have to sell and buy... you can ask vanguard to convert them.
by Soon2BXProgrammer
Fri Apr 16, 2021 11:23 am
Forum: Investing - Theory, News & General
Topic: Total market investors, do you feel comfortable with only a handful of companies at the top?
Replies: 17
Views: 916

Re: Total market investors, do you feel comfortable with only a handful of companies at the top?

I have no concern. There has always been only a handful of the biggest companeis and they rotate.

I am a total world equity investor myself.. (with low risk US only bond like investments/ stable value/ TSP G Fund).
by Soon2BXProgrammer
Fri Apr 16, 2021 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax Q: (cannot!) Carryover loss without Schedule D
Replies: 13
Views: 1204

Re: Turbotax Q: (cannot!) Carryover loss without Schedule D

Has anyone filed with 2020 version of Turbotax using Deluxe and been able to use Schedule D? It's trying to make me upgrade and all I have is a loss carryforward. I've always used the CD version of Deluxe until this year, now using their online method. Anyone else having this issue? online you have...
by Soon2BXProgrammer
Fri Apr 16, 2021 11:12 am
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 126
Views: 6937

Re: What’s the problem with dividends?

Why do so many folks on here find dividend income undesirable if one needs income? Qualified dividends have the same tax rate as long term capital gains, so what difference does it make whether the income comes from selling appreciated assets or from dividends? I don't buy a company for its dividen...
by Soon2BXProgrammer
Fri Apr 16, 2021 10:25 am
Forum: Personal Investments
Topic: Most secure Two factor authentication out of Fidelity, Vanguard, Charles Schwab?
Replies: 11
Views: 1335

Re: Most secure Two factor authentication out of Fidelity, Vanguard, Charles Schwab?

Vanguard with a hardware key, and set SMS backup to a landline phone that doesn't support SMS? Or use a known fake number? Maybe use Vanguard's own customer service number as your SMS backup! Basically just intentionally sabotage your backup verification method. set your backup method to a google v...
by Soon2BXProgrammer
Fri Apr 16, 2021 10:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 74
Views: 15284

Re: Vanguard now supports Yubikey 5 and 5C

yep, makes sense. i was just saying the acronym is rampant in IT departments or in the tech industry. (giving you a source). Right, but I think it's fair to say that most people on this forum are not in tech, so using tech abbreviations creates confusion. i think it snuck into this discussion becau...
by Soon2BXProgrammer
Fri Apr 16, 2021 10:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 74
Views: 15284

Re: Vanguard now supports Yubikey 5 and 5C

In tech.. HW = Hardware and SW = Software. but you are right it doesn't follow the standard acronym rules. Not trying to be snarky, but I don't work in tech so I wasn't aware of that. yep, makes sense. i was just saying the acronym is rampant in IT departments or in the tech industry. (giving you a...
by Soon2BXProgrammer
Fri Apr 16, 2021 10:14 am
Forum: Personal Finance (Not Investing)
Topic: 2017 tax records.. Destroy?
Replies: 4
Views: 387

Re: 2017 tax records.. Destroy?

I thought e-copies would suffice. I already got rid of paper copies, not just 2017 but even more recent ones. I don't have every document in electronic form.. i have a bunch of documents (cancelled checks, invoices, receipts, etc) that supports a very small schedule c business, etc. (So small it do...
by Soon2BXProgrammer
Fri Apr 16, 2021 10:05 am
Forum: Personal Finance (Not Investing)
Topic: 2017 tax records.. Destroy?
Replies: 4
Views: 387

Re: 2017 tax records.. Destroy?

(dont' worry i keep electronic copies of the return and some key documents like my 5498 to prove roth ira contributions/conversions) Be sure to also keep copies of your W2s at least until you start Social Security. People have posted about finding out that they their Social Security earnings histor...
by Soon2BXProgrammer
Fri Apr 16, 2021 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA accounts - prevent duplicate submission
Replies: 1
Views: 105

Re: Multiple HSA accounts - prevent duplicate submission

Happy Friday. Some of the Bogleheads members been moving around to different/multiple HSA providers. Q1: Can you have more than one HSA account/provider at a given time ? (guessing yes, but good to hear experienced ones chime-in) What if someone submitted set of Qualified medical expenses to one pr...
by Soon2BXProgrammer
Fri Apr 16, 2021 9:56 am
Forum: Personal Finance (Not Investing)
Topic: 2017 tax records.. Destroy?
Replies: 4
Views: 387

2017 tax records.. Destroy?

So.. as long as I didn't file anything fraudulently, can i destroy all the extra supporting evidence of my 2017 return assuming I filed before the tax return date of 4/15/2018? (dont' worry i keep electronic copies of the return and some key documents like my 5498 to prove roth ira contributions/con...
by Soon2BXProgrammer
Fri Apr 16, 2021 9:53 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 74
Views: 15284

Re: Vanguard now supports Yubikey 5 and 5C

Google account is locked down to require HW keys under the Advanced Protection Program. What is a HW key? hardware I see, I couldn't figure that out because hardware is one word and I assumed HW referred to the first letter of two words, that's typically how acronyms work. In tech.. HW = Hardware a...
by Soon2BXProgrammer
Fri Apr 16, 2021 8:01 am
Forum: Personal Investments
Topic: Insane Roth conversion Idea to qualify for max ACA subsidies
Replies: 10
Views: 989

Re: Insane Roth conversion Idea to qualify for max ACA subsidies

What if I took $400k of a Traditional IRA balance and converted it all at once in one year of my early retirement? I pay like $130k in taxes (state and federal) but gain 8k a year in ACA subsidies for 8 years (64K) until I am 65 and go on Medicare. I just turned 56. I could take about 15k from my 4...
by Soon2BXProgrammer
Fri Apr 16, 2021 7:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 74
Views: 15284

Re: Vanguard now supports Yubikey 5 and 5C

mptfan wrote: Fri Apr 16, 2021 6:44 am
JVT wrote: Wed Mar 17, 2021 7:20 pmGoogle account is locked down to require HW keys under the Advanced Protection Program.
What is a HW key?
hardware
by Soon2BXProgrammer
Fri Apr 16, 2021 7:51 am
Forum: Personal Investments
Topic: Is it worth it to continuously rollover HSA to another provider
Replies: 10
Views: 394

Re: Is it worth it to continuously rollover HSA to another provider

TLDR.

I rollover my funds yearly from my employer HSA to a low cost HSA providers (livelyhsa)
by Soon2BXProgrammer
Thu Apr 15, 2021 6:46 pm
Forum: Investing - Theory, News & General
Topic: The 4% Rule - Simplified?
Replies: 19
Views: 1446

Re: The 4% Rule - Simplified?

I don't believe it assumes the ending value to be zero; that's not how I understand it. Rather, what I understand is it is the number that safely assumes you will not run out of money at 30 years, i.e. with some degree of certainty. It is less certain at 35 years, 40 years, and so on but I don't be...
by Soon2BXProgrammer
Thu Apr 15, 2021 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 163
Views: 12957

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

You should consider just paying the tax for the 5 months... Under the proposed legislation you have to have LTCi before the tax becomes effective, so you would be paying a policy for longer then the you would be paying the tax. Yeah I really hope we get some more information soon. I'm pretty young,...
by Soon2BXProgrammer
Thu Apr 15, 2021 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 163
Views: 12957

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

For WoW2012 or anyone else who understands the LTCI options in WA and the regulatory environment: So I am in the following situation. I am planning to retire permanently around May 2022. Until I became aware of this piece of legislation, I had zero interest in obtaining a LTCI since we do not expec...
by Soon2BXProgrammer
Thu Apr 15, 2021 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 163
Views: 12957

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

For WoW2012 or anyone else who understands the LTCI options in WA and the regulatory environment: So I am in the following situation. I am planning to retire permanently around May 2022. Until I became aware of this piece of legislation, I had zero interest in obtaining a LTCI since we do not expec...
by Soon2BXProgrammer
Wed Apr 14, 2021 10:24 pm
Forum: Investing - Theory, News & General
Topic: Why Does Anyone Listen To Paul Merriman?
Replies: 67
Views: 5316

Re: Why Does Anyone Listen To Paul Merriman?

I'm not sure I understand the allure of this guy. It looks like the "Ultimate Buy and Hold" portfolio has been getting its ass kicked since 2015. "Past performance is not indicative of..." I get it. But the 3-fund portfolio seems infinitely easier to manage and is starting to bl...
by Soon2BXProgrammer
Wed Apr 14, 2021 10:23 pm
Forum: Personal Investments
Topic: Washington state 457 plan vs taxable
Replies: 1
Views: 239

Re: Washington state 457 plan vs taxable

Hi, I’m going to get a job with the state of Washington this year. They have a 457 plan that offers a SP500 fund with 0% ER and 0.13% management fee. It's a blackrock index fund, details here https://www.drs.wa.gov/invest/ Leaving aside the benefits of the 457 plan itself and focusing just on cost,...
by Soon2BXProgrammer
Wed Apr 14, 2021 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard solo 401k to allow incoming rollovers?!
Replies: 39
Views: 3198

Re: Vanguard solo 401k to allow incoming rollovers?!

I am retired but still have the company’s 401k. Solo 401k is new to me. Would it help, and if so why? I have other accesses just curious about my 401k and Solo 401k. Solo 401k is only helpful if you need a 401k to hide assets form the IRA prorata rules. Solo 401k is only available if you have your ...
by Soon2BXProgrammer
Wed Apr 14, 2021 10:28 am
Forum: Personal Consumer Issues
Topic: Best 4 wheel drive vehicle
Replies: 75
Views: 5803

Re: Best 4 wheel drive vehicle

I'll throw in another option - you can still find Hummer H3s with under 100,000 miles for a decent price ($15,000-ish and less). I bought a new 2007 model and sold it with 180,000 mostly trouble-free miles. Full time AWD with locking hi/low range center differential. Very comfortable leather interi...
by Soon2BXProgrammer
Tue Apr 13, 2021 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Tax
Replies: 18
Views: 740

Re: Gift Tax

Thanks for all the responses. If I inherit money from my parents or anyone else that isn't a spouse after they die, I have to pay taxes on that, correct? Let's say one parent has already passed away and the other has terminal cancer and has about a week to live. Couldn't that parent simply give the...
by Soon2BXProgrammer
Tue Apr 13, 2021 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Tax
Replies: 18
Views: 740

Re: Gift Tax

Thanks for all the responses. If I inherit money from my parents or anyone else that isn't a spouse after they die, I have to pay taxes on that, correct? Let's say one parent has already passed away and the other has terminal cancer and has about a week to live. Couldn't that parent simply give the...
by Soon2BXProgrammer
Tue Apr 13, 2021 11:05 am
Forum: Investing - Theory, News & General
Topic: What's your definition of "Family Money"?
Replies: 47
Views: 5357

Re: What's your definition of "Family Money"?

Family Money = older generations have so significant wealth that they gift every year up to the gift limit to start wealth transfer early. I don’t think of us as being wealthy or having “family money,” whatever it turns out to be defined as, but we do gift to the annual max. A term that we use in t...
by Soon2BXProgrammer
Tue Apr 13, 2021 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Before Medicare begins: Use your HSA tax free funding distribution
Replies: 11
Views: 869

Re: Before Medicare begins: Use your HSA tax free funding distribution

The benefit is long-delayed (when you are withdrawing from your tIRA balances) and you are not dealing with MAGI which includes the amount on 4(a). There are multiple MAGI definitions. Which MAGI doesn't allow the 10a deduction? MAGI calculations normally start with the AGI line and add back certai...
by Soon2BXProgrammer
Tue Apr 13, 2021 8:35 am
Forum: Investing - Theory, News & General
Topic: What's your definition of "Family Money"?
Replies: 47
Views: 5357

Re: What's your definition of "Family Money"?

When someone has "family money" - what does that mean to a boglehead? Do you consider yourself coming from or having it? I've followed the Boglehead philosophy before I knew there was a name for it and have recently been told I have family money when all along I feel I've simply been stic...
by Soon2BXProgrammer
Tue Apr 13, 2021 8:29 am
Forum: Personal Investments
Topic: With Vanguard, how to find what percentage of a dividend was qualified versus non-qualified?
Replies: 2
Views: 218

Re: With Vanguard, how to find what percentage of a dividend was qualified versus non-qualified?

With Vanguard, how do you find what percentage of a dividend is qualified versus non-qualified (or, similarly, tax-exempt versus taxable)? I'm not looking for this information at the end of the year, but rather shortly after dividends are distributed, i.e. on a monthly or quarterly basis. Informati...
by Soon2BXProgrammer
Tue Apr 13, 2021 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Before Medicare begins: Use your HSA tax free funding distribution
Replies: 11
Views: 869

Re: Before Medicare begins: Use your HSA tax free funding distribution

My understanding is that the IRA->HSA rollover takes the place of your contribution. There is nothing fancy about this. You could just withdrawal from the IRA and make an HSA contribution.. and the net on your taxes should be the same (in most cases) Note the bold, above. " The distribution [i...
by Soon2BXProgrammer
Tue Apr 13, 2021 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Before Medicare begins: Use your HSA tax free funding distribution
Replies: 11
Views: 869

Re: Before Medicare begins: Use your HSA tax free funding distribution

My understanding is that the IRA->HSA rollover takes the place of your contribution. There is nothing fancy about this.

You could just withdrawal from the IRA and make an HSA contribution.. and the net on your taxes should be the same (in most cases)
by Soon2BXProgrammer
Mon Apr 12, 2021 8:15 pm
Forum: Investing - Theory, News & General
Topic: HealthEquity to Acquire Provider of HSA and Benefit Administration Services
Replies: 1
Views: 335

Re: HealthEquity to Acquire Provider of HSA and Benefit Administration Services

HealthEquity to acquire Further... https://www.plansponsor.com/healthequity-acquire-provider-hsa-benefit-administration-services/ HealthEquity is going as fast as possible to do as many acquisions as possible to buy market share. If i recall correctly, they have made multiple acquisions over the la...
by Soon2BXProgrammer
Mon Apr 12, 2021 8:12 pm
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 595
Views: 55437

Re: What’s your age, AA and #?

What is your age, your asset allocation and how close are you to hitting your “number” where you will gain financial independence and/or retirement? I am 54, 62/30/8% cash. We are about $300k away from our goal. I would like to see how others are in similar circumstances. I feel too conservative at...
by Soon2BXProgrammer
Mon Apr 12, 2021 9:59 am
Forum: Personal Consumer Issues
Topic: Best 4 wheel drive vehicle
Replies: 75
Views: 5803

Re: Best 4 wheel drive vehicle

Option 1: get an older, higher mileage vehicle as a 3rd vehicle to only use when needed I love my unicorn... I mean my 2003 Yukon XL 2500 6.0L Quadrasteer 4x4... we went with Option one... bought 10 years ago.. and we put on 20k miles in 10 years. 20k or 200k? :D LOL... 20k i figure, between the in...
by Soon2BXProgrammer
Sun Apr 11, 2021 9:25 pm
Forum: Personal Consumer Issues
Topic: Best 4 wheel drive vehicle
Replies: 75
Views: 5803

Re: Best 4 wheel drive vehicle

Option 1: get an older, higher mileage vehicle as a 3rd vehicle to only use when needed I love my unicorn... I mean my 2003 Yukon XL 2500 6.0L Quadrasteer 4x4... we went with Option one... bought 10 years ago.. and we put on 20k miles in 10 years. 20k or 200k? :D LOL... 20k i figure, between the in...
by Soon2BXProgrammer
Sun Apr 11, 2021 9:20 pm
Forum: Personal Consumer Issues
Topic: Best 4 wheel drive vehicle
Replies: 75
Views: 5803

Re: Best 4 wheel drive vehicle

MrsO wrote: Sun Apr 11, 2021 10:45 am Option 1: get an older, higher mileage vehicle as a 3rd vehicle to only use when needed
I love my unicorn... I mean my 2003 Yukon XL 2500 6.0L Quadrasteer 4x4 4.10 gears...

we went with Option one... bought 10 years ago.. and we put on 20k miles in 10 years.
by Soon2BXProgrammer
Sun Apr 11, 2021 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

I am on the side of Roth being under appreciated. But most of you know more than me, so I could be very wrong and would appreciate help. Let me Do you have any thoughts or feedback for me? I agree with your analysis.. Not the same situation as you, but as long as I continue to work, I am converting...
by Soon2BXProgrammer
Sun Apr 11, 2021 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

I don't know what 'stealth tax increases' you're referring to other than perhaps the taxation of SS benefits that has already been discussed in this thread. The ACA and IRMMA are effectively taxes because if you can engineer your MAGI lower, then you get a bigger subsidy or you pay less. Besides SS...
by Soon2BXProgrammer
Sun Apr 11, 2021 1:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Portfolio Watch has a new look
Replies: 98
Views: 7766

Re: Vanguard website revamp

I discovered I am holding quite a bit of International bonds! I did not realize Total Bond and Intermediate-term Bond funds have a significant share of Internat'l Bonds. I feel like they forcing me into investing in the Interna'tl. Total Bond has 3.1% foreign, and Intermediate Bond has 3.6% foreign...
by Soon2BXProgrammer
Sun Apr 11, 2021 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

We can't discuss a given legislative proposal... That is different then talk about "future tax rates as a whole". (or that's my understanding) However: https://www.bogleheads.org/wiki/Traditional_versus_Roth even talks about general future tax rate changes. It is a fact that rates are nea...
by Soon2BXProgrammer
Sun Apr 11, 2021 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

It's going to be especially unpopular here (from what I glean of the central thesis as expressed in this thread) as the forum rules specifically advance the thought that considering the possibility of future tax law changes is a bad idea. We can't discuss a given legislative proposal... That is dif...
by Soon2BXProgrammer
Sun Apr 11, 2021 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

I'm reading the newest version of Ed Slott's book about retirement savings time bomb, meaning traditional IRA accounts. I have viewed him on PBS and thought he talked quite a bit and could be more succinct. Now I'm trying to get through the book and having great difficulty as the verbiage is so pro...
by Soon2BXProgrammer
Sun Apr 11, 2021 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

[....] HSAs can definitely be inherited by non-spouses. They are just fully taxable in the year in which they are inherited, so they are definitely less preferable than other tax-advantaged accounts for heirs. For those who are charitably inclined, leaving your HSA to a charity can means of 'dispos...
by Soon2BXProgrammer
Sun Apr 11, 2021 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

The different in plan pricing causes the HDHP for me to be cheapest. HDHP plan costs + HDHP deductible .... is marginally less than the.... LDHP plan costs + deductible. and when we don't go through the whole HDHP deductible (most years) it is even a better deal (this doesn't even count the tax sav...
by Soon2BXProgrammer
Sun Apr 11, 2021 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

I currently can't itemize. Itemization has no value. The best plan for our family is a HDHP that is HSA eligible. I have a beneficiary spouse. So i'm not concerned about immediate taxable now. (later in life yes). We are charitably inclined, so a charity is our contingent beneficiary. In every way ...
by Soon2BXProgrammer
Sun Apr 11, 2021 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11140

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

Yep, I shake my head at people with million dollar HSAs. Wait until they find out medicare covers all of their medical expenses and they have to pay income taxes instead of long term captain gains on millions of dollars. Who ARE these people? I read that the average HSA balance is under $3,000. My ...