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Slow day at the marko household. This is just a theoretical/academic question. As I understand it, you can withdraw from you IRA, pay no tax at withdrawal and if you return it to the IRA within 60 days there's no tax or penalty. What would prevent you from withdrawing your RMD amount mid...

The following is a 100% true story. I wish it wasn’t. It has nothing to do with FIRE and is a bit long but some may find it an interesting tale. It's about Karma or "what goes around comes around", or maybe just parallel stories. ..or something like that. Chilling nonetheless. I’ve often...

I keep pretty detailed Excel records of my deductions but I'm wondering: Each year that I go through TT I have to enter all those deductions in great detail only to often find that the standard deduction is a better avenue. Could I simply add up all my medical, property tax, charitable etc etc...

I'm sure this is easy... So I was reading Kiplinger's about charitable donations. They say: "...In 2024 you can transfer up to $105,000 from your IRA to qualified charities. The contribution is not deductible but it will reduce your AGI...." Can someone explain how "not deductible" reduces...

Can someone tell me what this means? Excerpt: Certain PIMCO Closed-End Funds Announce Tender Offers for Auction Rate Preferred Shares ), PIMCO New York Municipal Income Fund II (NYSE: PNI) and PIMCO New York Municipal Income Fund III (NYSE: PYN) (each, a “Fund” and, together, the “Funds”) today...

Academic question: The Part B deductible this year is $240. Let's say you visited a bunch of doctors in a very short period of time--maybe all in one day-- and, not having met your deductible, are charged and you pay each time. The total charges exceed the deductible but each provider...

Odd thing. This morning I finally got my 1099 Div and B from Fido. I had TT upload it directly and got one number. Tax due seemed just a little high but who am I to argue. This afternoon, out of curiosity I wanted to see what my tax bill would've been without a TLH in Fido's B, so I deleted...

My usual SS comes mid-month. This morning my bank tells me that I've received a small SS payment of $54. The SS website just says "special payment" with no other explanation. Obviously some sort of adjustment. Anyone else? Any idea why?

Apologies if this has been covered before. Further apologies if this is such a simple question but I haven't been thinking of IRA contributions since I retired almost 20 years ago. This past year our tIRA withdrawals were unusually high due to some one-off expenses. This coming year we expect...

I can use some insight on this fund. I've owned Price's Equity Income Fund (PRFDX/REIPX) for many years. It's always delivered a nice mix of growth and income and even in years with poor growth, the income was quite good, most often in the 5% to 9% range. This year has been quite...

We pay 99% of our bills online through our bank's online service. Most vendors accept payment via electronic transfers. But some, like our landscaper, snowplow guy, electrician etc are too small for that so when we pay them online, the bank mails them a paper check. Here's the thing: if I...

Wondering how bond prices are set. In the simplest of terms as I understand it, stock prices are set when an individual/organization decides to buy a stock, the broker/market maker goes out and finds a seller willing to sell at the buyer's price. The haggling in between is what sends the...

So, most of you know that I have a severe blind spot when it comes to numbers. That's why my company assigned two accountants to me to keep me in line. Here's my math logic dilemma of the day: Trying to figure out how much I need to withdraw from the IRA for 2024: Scenario 1: I take my...

Thought I'd run this by the collective wisdom. Dividend investor here. Earlier this year I moved about 2% of the portfolio to a split purchase of TBills Fund (paying 5.x%) and a Floating Bank Rate Fund (paying 8.x%) with the idea of moving that cash back to the fund I "borrowed" it from...

I was talking to a restaurant owner here north of Boston. He has a pub style place in a very touristy Halloween town where 80% of his revenue for the year arrives in October. He said that while he's still quite busy, business "has been noticeably off" from previous years. "People used to...

So, DW and I are going to change our drug plan because Humana increased the premium from $34 to $54. Poking around we ran into Wellcare which offers premiums from $0 and $0.50. We're interested because we only use one or two Rx's: Simvastatin and one other generic. That is, we don't have...

Thanks to Excel I no longer have a math problem however my lifelong math logic challenge remains. Here's my question: I have a stock that, over several years has paid me a total of about $11,000 in dividends. The stock price itself has me underwater by $5000. So if I were to sell it would...

As a dividend investor (mostly mutual funds), I saw that Exxon had dropped in price a few years ago to the point of producing a 6%+ dividend. I bought a modest holding and have been enjoying the 6%+ dividend ever since. It is still giving me that 6%, but the price has appreciated to over a...

I think I know the answer but here goes: Bought a fund 10 years ago at $13.22. Sold a piece of it last week for $ 12.54 It is now at $12.88 1) If I bought it back now is that considered a wash sale.? I think so. Even if my new buy price is more than my sell price. It's all about the original...

This is a new one on me! I just received a 990 T from my broker. From what I gather, I had income/cap gains from an limited partnership (Phillips 66) and failed to pay tax on it, based upon "unrelated business taxable income ". What has me puzzled is that this holding is INSIDE MY IRA...

Came up with one more use for Duct Tape! Somehow, my pool ended up with some small deposits of sand sitting on the bottom. Vacuumed it up only to have it return in a day or two. Vacuumed again with the same result. Determined that it must be so fine that the filter doesn't catch it, only...

On this day, June 28, 1914 Archduke Ferdinand was assassinated. This eventually led to World War I which directly and indirectly led to World War II, which led to the world we now live in. Think about that: The murder of some minor political player affects us even now, over a century later...

So, we all tend to agree on what true RE is: no commute, no kowtowing to the idiot boss, no office politics, no BS, your time is your time. But recent events have me wondering if, with the new work remote, there's a 'new RE' going on out there. "RE without the FI" For example: My neighbor sits...

Quick question. How long must you own a stock/fund before you can sell at a loss for TLH? I have one fund right now that would solve a lot of tax issues if I sold it, but I've only owned it for about six months. Yes, after the 30 day waiting period I would likely buy it back due to a...

Today, May 10 is the 205th anniversary of Paul Revere's death. Five years ago I posted the story below so this is a bit of a redux but thought that some of the newer members might enjoy the read. [edited with minor updating] Connections: This is the true story connecting Paul Revere, a...