Recent content by rkser

Thanks Exchme for your insightful post, Yes the large health care expense of > 7.5% of AGI in a year could be taken as tax deduction as well as upto $100k/yr QCD after age of 70 towards charity. We do have a Donor Advised Fund funded we use for donations presently. I did buy Pralana Gold, but...

SevenUp, I appreciate your time & explanation, no I am not comfortable with Excel so I never used it. Thank you sir, for correcting my Bracket rate vs Marginal rate confusion, I think the marginal rate is calculated as the tax on the next dollar of income, when one adds the NIIT, IRMAA etc...

In year 2023 I did $159,305 of Roth Conversion, Our AGI came to $295,138 Taxable Income was $265,431, which comes in 24%, for MFJ I do not understand the graph in the above post, In my understanding (limited) my roth conversion brought me up to 24% marginal tax bracket, although my...

Qualified Dividends - $ 74228. VS $ 50411 (Int 10237+Non Q Div 40174) (Tax Exempt Interest 10,237)

Thanks Sunset for the formula, let me take a shot at it with our numbers, In our case, money in the taxable brokerage accounts is more than our tax deferred accounts, Our both IRAs of - 1,146,161 X 0.0377 = $ 43210 Our both SS at age 70 = $ 60,948 /yr No...

Open Social Security suggested DW to file at 62 & for me to file at 70, so that is what DW did/I will do, we could have easily waited for DW to file at FRA of 67 I was not aware of / nor our Fidelity Rep suggested to check out the Fidelity SS software. Oh, well I hope Mr Piper's Open Social...

Thank you for your replies

We are retired, I am 67, the higher earner, am waiting till age 70 to file for social security. DW is 62 & is getting social security, Can I claim the spousal benefits now & still claim my own benefits at age 70. ? Thanks

I believe the conversion of VTSAX to the ETF VTI is done only at Vanguard & not at Fidelity. If one uses VTSAX or any non Fidelity Mutual Fund at Fidelity, a fee is charged.

i have the 3 fund (sort of buckets) portfolio - Taxable (Largest bucket)- VTI + VXUS (+ FZDXX for emergencies) Tax Deferred - BND + some CDs Tax Free - VTI (+ small part of VGT) Major part of Living Expenses in retirement are coming from the dividends from the Taxable & then I sell the VTI...

I downloaded Chrome on my M2 Macbook Air & use Gmail, I was afraid it may slow down my 8 Ram, 256GB SSD but it has not yet. We will see how it goes. I still have my windows Lenovo Laptop.

I bought a M2 MacBook Air with similar Specs, I too am retired with similar usage as yours. Been a windows user for 30 yrs before they started breaking on me, so had to go to Apple for “better quality”. We will see how this works out. Have been seeing YouTube videos to get familiar with Apple...

I will miss your posts, as I gained from them. Good luck with whatever you decide.

Thankyou, I appreciate your thoughts on BND

Congratulations Jimon !! Welcome to the club !