Recent content by newellcr

Dawgman, My wife and I are Schwab clients. We each have low 7 figure accounts and have an assigned Schwab rep who is local (and fantastic). OldShooter mentions service levels, I don't know anything about that and didn't ask when we began to shift away from Vanguard over a year ago. (Thanks...

ExPatKiwi, Take a look at the link DrBrisket posted. I am pretty sure it says disregard the $400k limits thru 2031 on pre-tax money. You can convert after tax money thru the end of this year. Take a look at the 'future prohibitions on conversions' section and the 'Nerd Note'. Do those...

DrBrisket, Thanks for the link. It was very helpful and very nicely laid out. Interestingly, for the RMD for $10M section, none of the examples use married people. The text does repeatedly says 'individual' so I, for now (so I can sleep ;D), will interpret that each spouse has $10M of...

Here is a clip from a Bloomberg article today, link below. I kinda feel like I'm stoking discontent, but that isn't where I'm going with this. I just find it interesting... "More than $279 billion sits in mega-IRAs, individual retirement accounts with at least $5 million each, according to...

Sunset, If I read it right, according to the finance buff article, the conversions on pre-tax money are permissible until 2031 without restriction...

I am kind of confused and not sure it matters to too many people, but. The articles talk about earnings limits for individuals, head of household, and couples. Are the rules changing for combined "Individual" accounts or combined "Individual accounts"? Meaning spouses have a $10/20M limit...

The Roth conversion may be going away for those with incomes above $400k. Not sure if that means that you can convert up to $400k with zero earnings or what... There are a lot of proposed changes here. Kind Regards...

Montecfo, I've always seen the inherited IRA as a bill payer because it couldn't be converted and access wasn't age restricted or penalized. The inherited IRA gets the least volatile assets. It has paid some big bills and is about 20% larger than when I inherited it. It benefited amazingly...

RunningBum, Thank you for your detailed reply and the links. It amazes me how you can so quickly slice thru to the important, overlooked details and how active you are on this site. Kudos. The simplistic answer to your bullet point list of things to be aware of is - that I generally trust...

Sunset, I am searching for that number. Having plenty of time before RMDs force a solution gives me time to dial it in and correct by either converting more or letting the Rollover grow. It's interesting. Over the years, I paid attention to what the plans were doing and the growth seemed...

SecondCor521, Thanks again for the detailed reply and pointing out my RMD error. Not sure where my thinking came from. I try to check in when I hear about major legislation discussions, maybe it was a discussion point the last time. Maybe it was simply a dream/fantasy. Either way, it's...

Thank you all for the replies. I have some time before a bottle of wine and dinner at the dining room table. I will reply individually tomorrow and am very grateful for the input. This site is so amazing. I was pretty sure I included all of the background, but you guys are good. The...

Folks, I could use some pointers or at least some links please... We are nearing the end of Roth conversions. Just trying to figure out when to stop... Background; both mid 50's, both retired, FAT FIRE (wasn't the plan), his/her pension and healthcare, enough rental income just big enough to...

DawgMan, Congrats. In middle 50's here, ERed, and have been doing 5 figure conversions for about 6 years. Last year, I finally figured out that I wasn't making much headroom and converted about a quarter Mil. I am seeing the light at the end of the tunnel now and will continue with some...

The Robert Mondavi Private Selection aged in Bourbon barrels Cabernet Sauvignon from the first post was available at my Costco today. It was the 2018 vintage. Pricing was $11, I believe. My apologies if this was covered already. Cheers,