Recent content by catccc

Here's an article highlighting AFs performance: American Funds Throws Gauntlet to Passive Investors I always have a hard time deciding these things. I think I'm going splitsies with the house funds between AF & Vanguard, but not before contributing to the kids 529s. Already opened last year...

I have some cash I've been sitting on for many years (earliest record is about ~$10K in 2004, and I've saved more and gotten nominal interest over the last 10 years, it's now ~$130K. I am maxing out my 401K and my Roth, I don't think there are other retirement vehicles I can stick this in...

I think Steelyman said that his benefits are taxed as ordinary income, so he must not have gotten taxed when they were taken from him, right? You should only get taxed once. Unless you live in PA when you contribute and then move to a state that does it the "regular" way. (PA does not let...

Sum Day, thanks, I actually did read that investopedia bit before I posted over here, because I didn't think it really explained it enough for me. So this pension is 100% company funded, but it is a defined contribution plan. Steelyman, I'm going to guess that the portion that was deducted...

Ah, I see in your signature that you retired in Oct-12. Dreamy. Congrats! So as the contributions were made, no tax impact, then?

Thanks for the input. Big_hitter, the link doesn't seem to be working. If it is taxed as ordinary income, do you mean when you receive benefits? I have a hard time seeing that this is taxed if you haven't gotten anything yet (if the company has only made contributions to the plan on my...

I'm considering an opportunity outside of my current company, and the have a money purchase pension plan. (In addition to a 401K). They contribute 10% each year, and then after 3 years of service, you are "fully vested in the benefit earned in the plan." I'm not really familiar with this, all...

Congrats!!! some $ saving tips... Breastfeeding and cloth diapering. Our 2 girls have cost us very little. You really dont need so much "baby stuff," aka "b.s." We really arent into stuff (DH moreso than I). No swing, no pack n play, no gates, no baby proofing junk ( easily sub watching or...

Big Congrats! What an accomplishment! Can you tell me more about your situation- age, income, family size? Does this put you on track for your target retirement date?

It certainly never hurts to be mindful about word choice. I mean, with me calling the thread "requiring" spouse... and "letting" him do stuff, I can see how it might look. Fortunately, reality is much more pleasant than one might assume. Anyway, we have a good (as far as I can tell)...

Dont read too much into word choice here... If you could view my life you would see that neither one of us is the boss of the other, we are even partners and I would never hold my current earnings potential over him as some sort of power play. And in my experience when someone does seem to have...

Thanks so much for sharing your experience. 5-15K is a big range, it seems. But it also seems reasonable (with my not-thought-out 10K point right in there.) I worry a little that his side business will be something like a volunteer position in that he will put in way more time than is worth...

Thanks for the response, it's an LLC. Actually, I'm a licensed as a CPA (but left public long ago), so I'm aware of hobby loss rules. It's just a tough biz, agriculture related, and the weather can wipe you out, demand is unpredictable, etc. This is my dilemma, it is really "hard to put a...

I just want to reiterate that I have no issue whatsoever with the current situation. We both highly value a SAHP, and that is why SO stays at home. I'm talking about when both me and SO agree that there is no need for a SAHP, at least not to the same extent...

This is true. I guess I just worry that the business won't be as lucrative as we hope? Maybe my real question is, how long do you let your spouse run a business that isn't very profitable? How profitable does it have to be?