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Hello everyone, I have a question regarding capital loss. Last year, I did an extensive capital loss harvesting with individual stocks I owned in taxable account at Fidelity. For federal tax report, the amount of capital loss has been imported into TurboTax from Fidelity correctly including the...

I applied for ACA coverage in 2024 today, for the first time. In application, I estimated projected income ~$23K for the next year. Obviously income was much higher this year since I've been employed all the way till September. After application submitted, I've been asked to select a health plan...

"In a recent episode of "The Rich Dad Radio Show," financial educator and author Robert Kiyosaki expressed grave concerns about the United States’ financial health. As of Nov. 24, the U.S. national debt had reached $33.8 trillion. Guest speaker Jim Clark, CEO of Republic Monetary Exchange...

Laid off today by employer, a mid-sized corporation. Planned to retire in October, but things got out of control. Still I officially on a payroll till Sept 15th. After that, I will get a severance pay and RSUs vested by that date with health insurance through the September. No pension or retiree...

"They joke that retirement is boring, but some acknowledge a deeper fear of becoming irrelevant if they quit." https://www.wsj.com/articles/the-reasons-more-people-are-working-in-their-80s-34f11699 Do you have the fear of becoming irrelevant?

I know this topic has been discussed before on this forum. But I'm still not sure how it can be applied to my specific situation, and decided to ask. Situation is that I plan to work ~6 months during 2023 in particular Jan, Feb, Jun, Jul, Aug, Sep (taking a leave Mar to May) and retire by Oct...

My question is towards ACA plans. In particular those like BCBS of California or Anthem BC PPO. They do have high deductible plans available. But does it matter where do I have HSA? My current employer's UHC plan require to have HSA at Optim bank which has fees and very limited investment...

I have a question about Fidelity Go. This is an automatic investment engine powered by Fidelity which can hold taxable, traditional/rollover or Roth IRA money. It seems they buy and sell zero cost Flex mutual funds according to market conditions and charge 0.35% fee for balances above $25K. Did...

I plan to retire in late February next year. In order to minimize earned income tax, my plan is to substantially increase 401K contribution for Jan and Feb such that I earn virtually nothing in 2023. Are there any hidden issues with that? Did anyone else use this trick?

I do have Roth IRA opened in April 2017 (more than 5 years ago) and contributed into it each year. At the beginning, I contributed through ordinary Backdoor Roth (first couple of years) and later through Mega Backdoor Roth once my company allowed it (which means money were converted from after...

This is about former employees of companies located in California. I believe everyone is familiar with federal COBRA and many actually used it after the job termination. Typically it provide up to 18 months coverage. But in California, there is Cal-COBRA which is essentially replacing federal...

There is an article about retirees heading back to labor force due to high inflation: https://finance.yahoo.com/news/no-more-retirement-retirees-heading-231500576.html Do you plan to get back to work?

I would need to take care about family member living abroad who is seriously ill. By that reason, the plan is to live outside of US for years. From what I learned so far, most expats keep US address on record. I know there are plenty of virtual mailbox services available, other people prefer to...

I believe it is not a secret that many doctors does not like plans offered on exchange. Are there any individual health insurance plans which has a network similar to employer provided plans? For example, when buying directly through BCBS without subsidy? Other question I have is about Medicaid...

It would be nice to know, where people live after taking early retirement? I mean those who live in US. There is some info here and there, but I thought it would be great if we can share where do we live and how happy we are with our choice. I'm not retired yet, and living in SF Bay Area. This...

I wonder if someone has an experience buying health insurance at exchange with very low income (let's assume less than 138% FPL) but some after tax savings >$200K not including 401K? It looks like such a person currently qualify under Medicaid expansion (in certain states), but I'd rather be...

I recently did come across this strange employer sponsored plan: Roth 401K. It appears to be similar to ordinary 401K plan offered to employees, but funded by after tax money. I wonder does anyone actually have this plan? And if so, what is the advantage? I did some research on Internet and one...