Search results

While your thought of converting in down markets makes sense, I'm having difficulty figuring out why you even want to convert? Apparently your IRA is less than 10% of your portfolio, so RMDs from that are not going to be a big driver on your already-high tax liability. If I was in your...

+1 The Henny Pennys are out in force.

Empower Personal Dashboard (nee Personal Capital) is OK for that . But it regularly has connection problems with various institutions. It lost connection to my credit union last August and can't reconnect for some reason - so the cash flow function is useless for me right now. Too bad because it...

There is a 0% LTCG bracket up to $89,250 for MFJ. Add on the $29,200 standard deduction and you have zero tax on $118,450 of LTCG, assuming no other income.

For folks commenting about the right sidebar width, try clicking on "Change width" at the top right under Quick Links. It got rid of some wasted space for me.

Just a comment reading through this thread. You'll get more help for your glitches if you say what system you are using to view the forum. Hardware: PC (Win or Linux), Chromebook, Mac, iPhone, Android phone? Browser: Chrome, Safari, Edge, Firefox, other? Software: adblockers, VPN, privacy...

I like that book too. At one point Rick indicated that he was working on a revision but that hasn't come out yet. I think he said that back in 2019 or so - so perhaps a revision is no longer in the works.

Yea, I was looking at this, then playing with the new forum. Tried to go back here to comment and it was gone. Anyway, I think it was Cathy63 that pointed out the fix. When first in "new posts" on the right of the top blue bar is filters. Go in there, unclick "unread threads" and click make this...

This will take a little getting used to but it is now more of a modern forum. My observations: New Posts is equivalent the old Portal view. I changed my browser zoom from 150% to 125% - the old forum had quite small text. Dark Reader is also good for this forum format - it is very bright...

My solo 401(k) is with Vanguard. My thoughts are: This is a tiny portion of Vanguard's assets with greater than average paperwork involved. They really don't care if you leave so huffing and puffing is meaningless. Fido does not have Roth in their solo 401(k) so they are not an option. Schwab...

PA has no exemption amount. 4.5% of the first dollar going to descendents, and 11% or 15% to other heirs. But then again I guess you don't need to know your NW because it doesn't matter how big your estate is, except to do the math. Or MD where it is 16% of everything over $5M NW. We've had an...

Around 2014 a decades-long decline in crime rates stopped and an upward trend began (or flat for some categories but no longer declining). I suspect the trend is what people are noticing.

All of the above, and there is no "giving" involved. As MichaelB said, the interest income comes from other investors/savers or the government (future taxpayers these days) so there is no net benefit to the overall economy. There in no gross domestic product produced by higher interest rates.

That, and understanding your death tax exposure. A lot of states have estate and/or inheritance taxes at much lower levels than the (currently) high Federal levels. And that is sort of the bottom line. Your net worth is your liquidation value (before taxes for death tax purposes) - annuities...

Interesting that this was just published by Tax Foundation about non-resident taxes. They rate VA as one the better states in that area. https://taxfoundation.org/data/all/state/nonresident-income-tax-filing-laws/ Anyway, not sure what you mean by "partial year of residence". Are you talking...

My quick googlefu shows that IRS says you can only efile one Form 8938, but with up to 25 page 2 attachments for different accounts. Did you tell HRB you had multiple attachments, or just try to file 15 full forms. Best I can tell, IRS prevents that, not HRB. I would guess the 3 forms at HRB are...

Interesting article on this subject. What caught my eye is that there are more REALTORS than homes on the market! I've observed that there are a lot of part timers in that business, and why not when selling a few houses a year generates a really nice side income. I think one of the effects of...

That. I didn't double check but they claim the data is from Census which uses households, not individuals. Sloppy author. I don't think any source compiles individual net worth - too difficult to figure out on a survey.

Here's a study of retirement moves out of state in 2023, though not specifically driven by income taxes. Florida and South Carolina were the biggest destinations, with California and New York leading the departures (as a percent of all retirement moves, so influenced by state population)...

Yea, I ran into that my first year of semi-retirement in Maryland. I sold off my last individual stock and used the proceeds to live off of in 2018 (it was a 10-bagger I held for maybe 20 years). I paid more in state than Federal income tax.

I'm reading this sipping a fresh, authentic whiskey sour. Bourbon, real lemon juice, demerara simple syrup, egg white, spray from a lemon twist and 3 drops of ango on the foam. Been hankerin' one for a week and finally got all the stuff out to do it.

What exactly do you think a facility like that would do with a SSN other than bill Medicare? What do you think is fishy - they opened a rehab facility so they could do identity theft?

^^^ Ha, BATNA. Haven't heard that one in a long time.

I have a weird love/hate relationship with the 24% Federal tax bracket. I strive for it, and hate myself for it :laugh:

Cool :greetings10: