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@pb4uski would I be correct that you were using gifting to get more than $10K per 'single entity'? dave

I just got a reply from TD - they are not going to answer my question by email. Not surprised. dave

I just sent this query to Treasury Direct. I think that I am correct here (based in large part on other posts in this forum) but I am less confident that I will hear back from TD. Is the correct answer here 'yes'? I have an account (x-xxx-xxx-xxx) with TD owned by a joint trust. Am I correct...

@sengsational thanks for the input. I assume that to summarize what you are saying ... "the risk of encountering significant expense in a given year because your required drug (or accepted equivalent) is not in the forumulary of your Part D insurer (regardless of which plan you pick) is...

That is useful. But it is a little hard to make a judgment as the Tier assignments vary by insurer. Regardless it is a useful (in general terms) way to dissect the formularies. dave

That approach was most interesting. My only drug treatable condition (that I am aware of) is cardiovascular disease where I have one stent and a couple of known (and untreated) smaller blockages. I am now on a statin and (generic) zetia plus generic Plavix. So I just added a high cost blood...

The tool is useful, but as I stated it doesn't address the question. There really isn't much difference WRT the cost of the drugs that I am now taking. It is the risk of what I might be taking in the future that is harder to assess. dave

For 2025 I probably need to change my Part D provider (currently the AARP/UHC Rx Saver Plan) which used to be pretty nominal on a monthly basis but has been going up annually and is heading even further north next year. At this point in my life I am only taking a Statin, (generic) Zetia...

I play classical guitar - either my own arrangements of 60's/70's classic rock stuff, or pieces from the traditional classical guitar repertoire. I played a bit of guitar as a kid, but most of what I know I learned (long) after I retired. I have two pretty nice classical guitars - one made by...

I have dreams about school even - now that was a LONG time ago. dave

I am pretty sure that you cannot use your DAF directed contributions as part of your RMD requirements as a QCD. Are you (maybe) saying here that I could use tax deferred dollars to fund a DAF and (while you would still be on the hook for your entire RMD) those DAF dollars would not be counted as...

For context my IRA is with Fidelity and my wife's IRA is with Vanguard. We make typically one (or sometimes two) four figure QCD distributions each year as part of our RMD obligations. Then we also make somewhere around 15 or 20 other donations through the year to mostly local charities. These...

My Mom lived alone well past the time that most would think 'this is a problem'. And maybe we were lucky that she did not encounter a serious accident because of this. However she was still all there mentally and there came a time when she realized that she could not do that any more. So we...

I had hip pain and 6 weeks of PT did nothing to resolve that. The problem turned out to be spinal stenosis in the lumbar region of my spine. You never know and, as was the case for me, the first answer by a very good orthopedic surgeon may not be the ultimate answer. dave

I was the giver of this worst gift. My wife got Covid from me and her first symptoms and first positive test was Christmas morning of 2023. dave

Correct me if I am wrong here, but there is no "state guaranty fund". There is a state guaranty association that, if something happens to your annuity, they will try to do something about it (with limitations). My mega corp pension was recently transferred to two LARGE insurance companies. If...

I guess the government and my former employer consider SPIA's and non-cola pensions the same thing as my non-cola pension was converted (by my employer) to a SPIA (owned by an insurance company - pair of them to be accurate here). dave

@Finally FI - you need to be careful here regarding how this works. This was valuable information. Thank you! I ended up at this site: Guaranty Association Laws, which indicates coverage is similar to FDIC at $250k per person per institution in my state. So for the $500k I'm considering...

Thank you, @cathy63 . I believe that answers the question. dave

Thanks for the responses. The following from https://www.irs.gov/retirement-plans/required-minimum-distributions-for-ira-beneficiaries is useful but not totally clear. It does not say that the beneficiaries MUST take the owner's RMD (and the context here - did the owner take his/her RMD or not -...

The situation is an IRA where the owner died in May 2022 (before taking her RMD). There were 7 beneficiaries and the account transfers are complete. I don't know why I thought this but I was under the impression that one (or more) of us must make a withdrawal equal to (or greater than) the RMD...

Is there a 'good' identify protection service out there? My SS#/etc is clearly "out there" as deposit accounts have been set up in my name multiple times. From all that I know this is invisible to the various credit services and identity theft protection services. I currently have the basic...

I am not worried about it - I just want to understand what is or is not in place to protect against such an event. dave

Thanks for the response. It is the bold part that I am trying to understand. My 'concern' is not specific to D&C and is not really a concern at all. But I don't have any understanding of how funds might or might not be insured against fraud that results in a material loss of value. For example...

If I own (for example) a Dodge and Cox mutual fund in a Fidelity account, the SIPC insures losses due to fraud at Fidelity - if those shares were to disappear from my account, this would be covered by the SIPC up to SIPC limits. Is there an equivalent protection for a similar fraud within...