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I'm 62, working, wife soon 65, retired. Megacorp has medical plan - I understand now employers have to offer coverage for over 65 spouses ? Still researching, but I think we want to: 1. Keep her on my insurance 2. Enroll her in just Medicare Part A What I'm trying to confirm: 1. Can I still...

Any good websites for "complicated state tax situations" ? Daughter and husband lived/worked in 2 different states for half year, then moved / started work in 3rd state together (residence forward). And I know, "accountant might be good idea". Thanks !

So if someone over contributes to a grandchild's 529, it looks like unused money can be moved to another grandchild (including cousin of grandchild). Do you think it could be changed to great grandchild as beneficiary ? Assume it would have to be a "blood" relative of grandparent - but maybe...

Is it possible to loan an extended family member money towards purchase of a house that is secured by the equity in the house ? Say a $150,000 house and the person wanted to "loan" $50,000 in equity to an extended family couple. The couple would add $100,000 mortgage and buy house (ignoring...

Did search. Sorry if I should know this.... After one retires, say 62, and has no earned income (only investment income/pension payments), can they the still contribute to HSA ? That is, the HSA payment reduces AGI (even for someone not itemizing) ? Thanks ...

Conversion newbie. Know I need to talk w tax person. Understand BBB on fence. Have done board search. Logged on line to my 401k, found "Roth conversion" button, clicked it - and saw 3 categories: After Tax Partially Taxable $xxx Company Match Taxable $xxx Before...

Scanning old pics - noticed this billboard on San Diego border from late 70's. 52% interest ! Obviously high because of period and Mexico. But, are we going back there ?

401k at w*rk has a "Stable Value" fund. What is this ? With recent "bond concerns" - is stable value fund "toast" also ? My understanding is these are GICs ? Guaranteed Insurance Contracts ? Not bonds. What I hear is these are either shorter duration contracts and/or have some...

Public company A is doing a spin off exchange offer of one of its divisions and merging with public company B. If you have shares of A, you can decide to have a portion of your shares exchanged at some conversion rate for shares in B. Question: If you have a large unrealized gain in shares of...

Helping friend. Has balances in 457b and 401a accounts with previous employer. Are these "for sure" pretax monies that would rollover to Traditional IRA? Or could they possibly have post tax Roth contributions - which would more advantageously rollover to Roth IRA ? Who would be able to...

Saw a couple recommendations to do substantial Roth conversions now because "top tax brackets are lowest ever and sure to go up a lot over next couple decades". If you're in a high/top bracket now, and you expect to be in same high/top bracket through retirement - does it make sense to do large...

Helping a friend - his employer had a tuition reimbursement program - with the stipulation that he has to work there a year after end of each semester - if he quits before that period, that semester tuition reimbursement needs to be returned. He is planning to leave for a better job - and so...

Any good websites for calculating / modeling Roth conversion impact ? Looked at Taxcaster and HR Block - both clumsy, but usable. Thanks !

If you do not live a single state more than 180 days per year, what determines state of residency ? Where you spend the most nights ? Say a person lives in MD and FL but stays in other states 100 nights/year for work. Therefore only 265 night between MD and FL. If 133 nights were in FL, would...

Spouse has Megacorp monthly pension payments. Never was option for lump sum. If one doesn't need right now the monthly payments, can the sum of monthly payments be rolled over to IRA each year ? I don't think so, but wanted to confirm. Thanks !

Can a child deduct out-of-pocket medical expenses on their return even though they are on parents insurance ? Child is not a dependent on parents tax return - child over 24 but still on parents medical policy. They wouldn't be deductible on parent's return, right ? Not a dependent. Anyhow...

FIL had $6,000 taxable income last year, paid $600 in tax. This year expected to be about same income/deductions. Wanted to see impact if did $10,000 Roth conversion - so I took 2015 TT file and increased distributions by $10,000 The tax went up roughly an additional $2,500. I was expecting...

Friend worked a few years at hospital and contributed to 403b. Then changed job to another hospital and now contributes to both a 401a and 457b. He would like to close the former employer's 403b account and "roll over to something". All the accounts are at Fidelity - so there are good, low...

When a person files a credit application, what does the receiver of the application "see" when they do credit check ? Found this , which I assume is correct: What's In Your Credit Report? Information That's In Every Report So this would mean that a person's assets (at bank or Schwab, etc)...

Anyone here look into becoming a CFP or CFA ? Kind of wondering if that might be a good "transitional gig" after Megacorp. Not sure differences between CFP or CFA and which is harder/more desirable. Bummer is 4 years of prior work experience - my current Megacorp job wouldn't qualify...

How do you calculate estimated taxes ? Guess there's a couple ways: Pay 110% of last years liability Taxcaster 2014 tax program with 2015 estimated data 2015 tax program with 2015 estimated data My income used to be consistent and I didn't have many stock sales - so my extra Megacorp...

Spouse has a defined benefit Megacorp pension. Retiring at 58. Megacorp is "shaky". If pension got transferred to PBGC and if her benefit got capped at maximums listed below link, is her monthly benefit "set for life" or would it go up as she got older ? Example: Let's say pension under...

Spouse retiring at 58 with "same payment for life" base amount, no COLA. There's an "income leveling option" where instead you can take 117% of base amount for 4 years, to 62, then take 93% of that base amount for rest of your life. With no time value of money, the payback period is about 14...

Trying to help out a friend: couple, both about 60, both will have Megacorp pensions about the same size each shortly. There's an SBO (spouse benefit option) choice: does each of them take a $2,000 annual pension reduction to increase the spousal benefit option for the surviving spouse by...

Friend had a large LT capital loss in 2006. Used some of the loss in 2007. Never used or needed the remaining loss since then. Now he will have a capital gain this year - and wants to use 2006 loss remaining. Reading Schedule D instructions, appears the loss can be carried forward...