Recent content by thefinancebuff

The additional Social Security from delaying is like an inflation-adjusted annuity. If you were to buy this outside Social Security, you would use your bond money to buy it. Therefore the money spent on living expenses while delaying should also come out of bonds/fixed income investments. Your...

Unapplied Credit - They received two payments, one from the check, and another from the debit card. You asked the bank to stop payment on the check but the landlord doesn't know that yet. When they find out, they will back out the check payment and possibly charge you a fee for a dishonored...

The article is published on Kitces's website but it wasn't written by Kitces. Let's give credit where credit's due.

Auction closed at 2.50%. Waiting for the auction paid off.

You can buy $200k, see how much you have left after the auction closes, and then buy on the secondary market with the small residual amount.

It sounds like you're still looking at Vanguard's Indicative Yield. It's just a random number they throw out. Ignore it. It's meaningless to compare the Indicative Yield with the yields on the secondary market.

The Indicative Yield from Vanguard isn't that reliable. You can't take it to the 0.01% level. The actual yield from the auction can easily be 0.2% lower or 0.2% higher. Unless you really don't want to wait, just stick with the auction. Save this post and observe after the auction how far off...

Yes! That's why the once-in-a-lifetime transfer of TIRA money to HSA has no value except: - You're under 59-1/2; AND - You have no other money to contribute to HSA and would otherwise forego the contribution. Other people should just ignore that this option even exists.

You pay a spread that's included/hidden in the price when you buy on the secondary market. Whether it's a spread or a fee, it's still money out of your pocket. You avoid it when you buy at the next auction, which comes up in only a few days.

Inheriting I Bonds isn't subject to the annual limit. If the purchaser died, the recipient gets all the undelivered gifts at once. If the recipient died, the designated second owner or beneficiary or the estate gets all of them at once.

No way to change it when it's already in the gift box. The recipient can add a beneficiary after you deliver it out of your gift box.

Announced yesterday. Projections matched official numbers 100%. https://www.cms.gov/newsroom/fact-sheets/2022-medicare-parts-b-premiums-and-deductibles2022-medicare-part-d-income-related-monthly-adjustment

It won't hurt you. If your IRA is 99% pre-tax 1% after-tax, when you take $10,000 out, you convert $9,900 to Roth and put $100 in your checking account.

You can add to that same HSA but many employers stop paying the admin fees after separation and the vendor will start charging fees to you the account owner. That same HSA also may not have the best investment options. So you're probably better off transferring it to Fidelity anyway.

$83,350 for married filing jointly by my calculation.