Recent content by jpjr

Final Review prior to retirement We have always been proactive when it comes to self-managing our finances. We took courses together, utilized several different calculators and thought of ourselves as pretty astute about our plans. However, a year before we took the dive into early retirement...

Yes we use the online fed system too. Given that we aren't going to be earning big bucks in returns if we stretch out our 1/4ly payments on an equal basis, we chose to do what ncbill has done and attack the taxes on the conversion and RMD upfront. Thanks for everyone's info. Now on to...

Yup - Just did a calculation with the weighted income in first 1/4 - must pay more now and less for the last three 1/4ly estimates. Not talking big bucks, but better to do it up-front rather than mess with our friends at the IRS.

I know the estimated tax schedule is April, June, September and January, but I am not certain if I can actually do the estimates on an equal 1/4ly basis or if I have to recognize the large tax due early in the year due to my RMD and wife's Roth Conversion being processed this month. We have...

Thanks everyone. As originally stated this is not a particularly complex issue as the dollar amounts are relatively modest. I understand the collective responses and agree with all as I've been waffling back and forth with no firm commitment on my final decision. Target2019 - yup...

Hello all, It is a cool rainy day and I have nothing better to do than finalize how I am going to process my first RMD ($20,000). We are not talking big bucks and I'm not looking to find any exotic place for the funds, but thought I'd get some input from the experts here. Me:$ 618,830 (...

Northern Scotland (Inverness / Aberdeen) We will be spending five days in Inverness and are looking for ideas for our short visit. We will have a vehicle and plan on reaching out on one hour drives to different places to see and hike. Your input is appreciated. jpjr

If it is similar to my situation, with two administrators, it will not have the 'corrected' boxes checked. Each administrator is providing info for the data they have processed. For me, I know that next year I will again receive only one 1099 as the administration change is now completed.

Congrats. I hope you continue to enjoy looking at your statement with a smile. I can't help but look at my account each month to check out the deposit and calculate how it effects our lives in such a positive way. We have a close friend that recently starting getting her pension, and her...

It has been a few weeks since I checked this thread. Thanks again for the additional info provided. We are starting in Aberdeen because our "formal" tour ends there. We only have 5 days to explore, so I have already reserved a car and an overnight near Urquhart castle. (Must make sure dear...

Two 1099's - Pension My pension plan changed the administrator (company) mid-year so we did get two forms. Since I don't have a cola, I could calculate the taxes, but still had to wait until I had both 1099's so I could input the new administrator's ID. It was simply a matter of filing both...

Thanks for your ideas Thanks everyone for providing some thoughts on our trip. Provides us with some more things to research before we travel. jpjr

We will be driving from Aberdeen to Inverness and have an itinerary set for two days while in Inverness. We have a few days to spend meandering our way back to Aberdeen before we depart for home. We can stay near Inverness or drive back to check out any suggested stops you all might recommend...

Final resolution: Enhanced Life Estate Warranty Deed where Mom gifted 1/3 of the home to Sister # 1 and in turn, Sister #1 signed a Property Agreement stating she will pay her two siblings their 1/3 share within 30 days of Mom's passing. Sister #1 is now responsible for all costs associated...

Solution: Mom will "gift" 1/3 of home to Sister #1. Sister #1 will then be able to have insurable interest in the home and the insurance policy will now include both parties as named insureds. All property taxes , HOA documents etc will now have Sister #1's name so she will be able to assume...