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My 15 year journey can be summed up in six words: go go, go slow, and no go. After my DW passed away in 2005, I kept w*king because it seemed the thing to do. Well, life is funny, because some years later I met a lady who was also widowed and we married. I waited for my profit sharing to be...

The link is to an article in T Rowe Prices on line magazine, Insights. It has a very good explanation of different strategies with QCD's, QLAC's and Roth conversions...

I just saw a news release that effective 12 June, Vantage is cancelling all travel. There is already a class action suit trying to get refunds for cancelled trips.

Last year, California and a few other states issued either inflation relief funds or state tax refunds. The IRS has not yet sorted if these are taxable or not. We received a 1099-MISC for the $700 that we got. Turbotax let me enter on the Federal return, but on the CA state return there was a...

DW wants an outdoor camera to look down at the entrance. There are so many variables I am unsure how to go. Help! Thanks

In about a year or so, an annuity that DW has will mature. She wants to gift the proceeds of about $100K to each son. This annuity is as a result of their father's life insurance policies that she has never needed. The sons have no idea that this annuity exists. It will be a total surprise to...

I have seen a number of comments on these. I have a granddaughter who was a preemie, is 7 right now, but may have some deficits growing up. I have a 529 set up right now, but that is it. I would like to set up something to help her and I need this body's thoughts. Thank you.

I just got a message from my son that his wife passed away. She had been battling Lymphoma as well as other cancer, and she is now at peace. I have attached a photo of them in happier days.

DW has a 10 year annuity that matures in 4 years, The options are: 1. Cash in the annuity when it matures and give the money to her sons 2 Do a 1035 exchange for a new one. I ran the numbers through TT, and we would owe $24 K in taxes if we cashed it in. Fortunately, we do not need the money...

The IRS had just released the 2020 form 709 for gifts. The instructions are still in draft form. The gift I made was well below the limit, and there was a part of me that would think, "how will they find out?". I would rather file the form than worry;D

i just received a letter from SS. It stated I was going to get a1.6% increase due to COL. However, because of IMRAA, my Part B goes up by 57.80 and Part D goes up by 12.20 The net effect is I will be getting $24 less a month. However, DW will be impacted more, as her basic SS is less than mine...

DW has an annuity, and she just got a hustle to move some of the funds into this Trailblazers index. I went on line to the Barclay website, and below is their description: Barclays is a global leader in Quantitative Investment Strategies. The Barclays Indices are a diverse family of systematic...

DW started this thread on a sister site, Discuss Cooking and got many interesting responses. Although the demographics on this site are totally different, since there are avid readers here also, I thought it would be interesting to pose the same questions. I know we all enjoy reading for...

Today is the 10th anniversary of my retirement. I only waited long enough in January 2009 to be sure my profit sharing (7.5%of my salary) was deposited to my 401K. The next day we were on an airplane to Santiago, Chile for 14 day tour of South America. It has been an exciting 10 years...

I am involved in free tax preparation through the AARP/IRS program. I just got a notice that the CA Franchise Tax Board (FTB) is asking for more documentation from some taxpayers to preclude identity theft. They have a special form to fill out that requests copies of your Social Security Card...

I wonder if there are enough members in the Ventura area to have a get together

I was checking my FIDO account, and a new line item called Retirement Plan B showed up. I did some checking, and even found my papers from 1985 about my pension. Years ago, I called, and was told I did not get one. Well, in talking to FIDO, who just took this over in April, they confirmed I was...

I will not complain, as my IRA's have done very well. I will be 79 this month, and will have to take an RMD of 20K to 25K this year. This pushes me into the 25% bracket, along with making 85% of my SS taxable. I am looking for any alternate methods to try to minimize the bite. I looked at Roth...

I am sorry, but I cannot find how to start a new thread, but I have a question. Today my broker was pushing a QROC annuity that she claimed I can move part of my IRA to it, and not have to take RMD's on it. Has anyone heard of this? When I hear annuity, I tend to run the other way.

This was an interesting article about how much you need. YMMV The average cost of retirement Is $738,400: Will you have enough?

I helped the start of the restoration of a 23 ton switch engine donated to our Railroad Society. It had sat in the Bay ASrea for 40 years, and is in rough shape

I have been in the Discuss Cooking forum, and my wonderful wife pointed out this forum to me. I love it! I am happy to be part of this community, to learn something and share something. I have been investing since I was 16 years old, LBMM at all times, and am reaping the rewards in retirement...