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I have about 500K in QQQ with a basis of $50K. In Texas when one spouse dies the other gets stepped up basis at that time. So, our plan is to not touch this until the first dies. The other option is to figure out a year (or maybe multiple years) prior to RMD where we do not need more than...

I try to keep two years expenses in cash. I also don't like to sell in a down market. For last five years I have been able to only sell when market is going up. My plan has been to sell $30K every time S&P reaches an even 100 such as 5100 or 5200. I have been doing this since market crossed...

100% stock funds until I turned 50; slowly moved to 60/40 by time I retired at 60. Since then, I have aimed for 55/35/10 keeping two years in expenses in cash so that I never have to sell stock funds (or bond funds) in a down market. Currently at 59/33/8 with almost enough cash in IRA to cover...

Mine too. :)

Fidelity actually pulls from FZDXX (at least in my rollover IRA), no need to move funds to a lower paying MM account.

I continue to be surprised at how much 4 week, 42 day, 8 week, and 13 week inventory is being sold at higher rates than one year or longer; why is the government paying more than they need to? I know I should be looking at one year CDs but I like the income from 42 day and 26 week Treasures...

Welcome to Sun City Texas, we love it here! Marc

I have sailed on over 40 cruises all booked through travel agents. Started out on the one week caribbean and now prefer 30 - 90 night cruises. I only cruise luxury cruise lines with max of 750 passengers. Travel agents will get you kickbacks as high as 10% or in some cases more. Not using a...

It would be nice if ACA switched from income based premiums to wealth based premiums.

This thread has been eye opening for me; I had always thought the direct download from Fidelity was the big selling point. Ends up I take one number from 1099-INT; ordinary and qualified dividends from 1099-DIV; and amount of withdrawals from IRA on 1099-R. Only other number on our tax return...

I also got my last 1099 from Fidelity this morning so I went into TT. Three issues. First my tax due was over $2,000 more than my back of the envelope I calculated a couple of weeks ago. Second, the 1099-INT showed up as being downloaded but would not get added in. Third, I could not locate...

For the first time (that I remember) I received a dividend on 15 January 2024 even though I received the normal dividend on 29 December 2023. Found money? Today I got my last 1099 from Fidelity and they show that $227 paid on 15 January 2024 on my 2023 1099; anyone know why? thanks, Marc

Looks like 26-week (today's rate 5.154) is dipping below MM. Given MM shouldn't really drop until short terms rates are lowered, does it make sense to buy 26-week anymore if one doesn't anticipate Fed lowering being at least six months out? On the other side the inventory of all durations of...

I have set up preferences in both of our accounts to see all of our accounts. So, the consolidated statements I get include my wife's retirement accounts. As there have been no withdrawals from her IRAs there is no tax implication from her accounts. Marc

Within two days we were both approved for renewal; no interview.

My credit cards showed the $100 fees within minutes of submitting my renewal application online. I know they are now good for one year after expiration so not too concerned about any delay. Hopefully the five year clock only starts when they get approved. Impossible to get appointments for...

Splitting of dividends into qualified and not qualified is the item that is delayed every year. So, only my brokerage account 1099 is delayed.

We are with Mutual of Omaha with significantly less premiums than OP. Only been two years so I am going to bookmark this thread and see when my premiums rise such that they pass the OP. Marc

I know.

I've been in FTBFX for last 15 years; it serves as my fixed income portion of my portfolio. FZDXX serves as the cash portion of my portfolio. FTBFX has (had?) a barbell type allocation with plenty of corporate bonds. Yes, I rode it down over the last couple of years and I will ride it back up...

Thanks! Same message just showed up on my account! :dance: I had contacted my rep last night and I just got an email that he put in a manual request as they have had IT issues.

I have two non-retirement accounts and over $4M in assets and I still can't get free turbotax. Quick question for turbotax experts. I have always used deluxe since I haven't sold any funds or stocks in my taxable account. Even though I have started purchasing T-bills and CDs in my rollover...

Interesting as I get the 11 Jan 24 update when clicking that link.

https://thefinancebuff.com/medicare-irmaa-income-brackets.html

He did this morning.