Recent content by Taxman59

The Tradition video brought back memories of when it first came out. Loved it!!

Once I start SSI, the #'s change drastically

I filed an extension and overpaid. The return was filed about a month later. The extension payment has never cleared, and I received a notice stating I owed $$$. It took them almost 3 months to acknowledge the return was filed, and another 2 months to say I was underpaid!

In my experience working with estate planning attorneys for 20+ years, there is no need to provide account #s or even bank names unless there is a specific purpose for a specific account (ie. Cousin Mary is to get my Chase savings account # 123456789 and nephew Fred gets the Chase account #...

Not only can they opt-out, but annually they can make withdrawals. I experienced that with the place I w****ed before. Contributions would be made, matches would be made, and then a new caw was purchased or a vacation was taken and the account went down to near $0. Then the cycle starts...

I manage my ACA income to maximize the benefits (not a fan of the program, but it is the law of the land so I might as well use it). I'm using after tax $$ and some ROTH until 65 when I will switch to primarily tIRA $$.

My understanding of the 10X "rule" was that by the time you are in your mid 50s, you should have 10x of your income in retirement savings. This was the "track" you should be on, not the end goal to retire. 20-30x of earnings was the end goal for retirement at 65.

I worked at a private trust company. I was in charge of the accounting for the 401k plan (15 employees with a total value of about $2 million). The average balance was good ($133k), but there were 2 accounts with over $500k, and several more with over $150k. That left about 10 accounts with...

0% of spending now, 35% in 3 1/4 years (my SS kicks in) 55% in 6 1/2 years (DW SS kicks in).

The unrelated business taxable income is a taxable event for non-profit accounts (which includes retirement plans, IRAs etc). The threshold for filing is $1000 I believe. The problem I have is that they prepared the return and charged you for it without your prior approval. That being said...

It's the 4th shot that makes it hard for me ;D

Back in 2001, at w*rk, the 4 members of the upper management were offered a LTC policy. I chose to get the 10 pay plan $150 per day no lifetime limit policy inflation rider for about $5500 annually for DW and me. The others chose the annual pay for about $100 per month for life (or until...

10 days ago on Sunday, I was delivering flyers to the neighbors for an outdoor party we are hosting July 9th. I stopped at our next door neighbor for about 15 minutes (there was a tree in out yard that had dead limbs hanging over her car). Monday, I spent the day with our 10 month old grandson...

Wordle 317 2/6 ⬜⬜⬜⬜⬜ ���������� I used my standard start, and I decided to adjust my second word. Pure luck!!

:facepalm::laugh: