Personal Finance (Not Investing) • Re: Using withholding on Roth conversion...
I’m planning on doing my first large Roth conversions from traditional IRA in 2024. I’d like to make sure that I’ve got the tax angle straight. I’d like to hold onto the money that I’ll owe Uncle Sam...
View ArticlePersonal Finance (Not Investing) • Re: IIRMAA - one time income and loss of...
I reduced the number of days that was seeing patients in 2023. This reduced my income from the partnership. Even though I was still working, and the reduction was voluntary, that still is a...
View ArticlePersonal Finance (Not Investing) • Re: Am I saving enough for taxes?
I wouldn't and I don't save anything specifically for taxes. You're likely to hit a safe harbor and if so then you'll have until the tax filing deadline to pay any tax due without interest or penalty....
View ArticlePersonal Finance (Not Investing) • Re: Primer on Paying Taxes With a Credit Card
I have decided to switch from PAYUSATAX because it's cheaper. That being said, there doesn't seem to be an option to pay estimated tax, form 1040-ES for any year. Perhaps I'm missing it?You didn't...
View ArticlePersonal Finance (Not Investing) • Re: Paying off credit card debt
"let he who is without sin cast the first stone". Some people need to get down from their high horses, geez.Option 3 is a horrible idea. Option 1 and 2 are minor improvements of the current situation...
View ArticlePersonal Finance (Not Investing) • Re: Just did my own taxes for first time -...
Pay with credit card to get points. You shouldn't have a penalty if this is the first year, just fix it next year with quarterly estimated taxes.Bad advice. The IRS charges about 2% to pay your taxes...
View ArticlePersonal Finance (Not Investing) • Re: 0% 60 month Car loan in todays 5%...
[...]What is the ROI on using the 0% loan vs paying in full on day one.[...]The ROI is the gains on whatever you invest the money in.Statistics: Posted by Hyperchicken — Fri Feb 23, 2024 10:01 pm
View ArticlePersonal Finance (Not Investing) • Re: With hindsight, what signs indicated...
Immediate supervisor takes you aside and offers to help improve your resume for no apparent reason.Statistics: Posted by HappyPappy — Fri Feb 23, 2024 10:01 pm
View ArticlePersonal Finance (Not Investing) • Re: Can a employer-covered 401(k) charge...
Thanks for the quick response! I could certainly be mis-reading the language in the fee disclosure. But I'm seeing stuff like "Fees for services that benefit the plan as a whole (e.g., general plan...
View ArticlePersonal Finance (Not Investing) • Re: House buying and mortgage payoff plan
the money earmarked for the new house down payment was already in a MMF, so is the origin fund and tax implications of this already a done deal? Yes, the MM fund is saved over time as a MM fund, so...
View ArticlePersonal Finance (Not Investing) • Re: PIA Question
But I have no clue how the bends are determined.From the "horse's mouth": https://www.ssa.gov/oact/cola/piaformula.htmlThat page shows how the SSA calculated this year's (2024) bend points, starting...
View ArticlePersonal Finance (Not Investing) • Re: Delayed Social Security - Resumed...
Thank you for the insightful questions. The spreadsheet in my second post may help.I was on SSDI as of 6/2007, then when I reached retirement age in December 2019 at 66 I suspended. I resumed after 44...
View ArticlePersonal Finance (Not Investing) • Re: Cancel my health insurance?
Again, as others said before, do you get upset at your home insurance paying nothing because your home never burned down ? Or your auto insurance because you never totaled a car ? Or liability...
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Personal Finance (Not Investing) • Re: [Using PayPal to pay bills and earn 5%...
^ I just checked and two of mine are also gone: water/sewer and, the big one, property tax. What's left is only our gas/electric. But even for that one, if I search for the company, it doesn't show...
View ArticlePersonal Finance (Not Investing) • Re: Tech Compensation
Yes, it's true. Anf not just in the bay area.Whether or not it will still be true in 15 years, I don't know.Statistics: Posted by KyleAAA — Sat Feb 24, 2024 10:14 pm
View ArticlePersonal Finance (Not Investing) • Re: Just did my own taxes for first time -...
22% Federal income withholding is the statutory withholding rate for bonuses/commissions.Statistics: Posted by TheGuru1 — Sat Feb 24, 2024 10:14 pm
View ArticlePersonal Finance (Not Investing) • Re: Purchase one year of prior service for...
Snap this deal up today before your employer figures out this offer is to good to be true and rescinds the offer.I agree, take it now. If you wait the offer could go away or be substantially more...
View ArticlePersonal Finance (Not Investing) • Re: Saving allocation (retirement, home,...
Thanks, is there a tax penalty etc for selling USFR to put into vusfxx? Just bought vusfxx and emptied my credit union savings account into it. Once I get treasury direct money back I’ll dump that...
View ArticlePersonal Finance (Not Investing) • Re: High Salary (>$500,000) careers
Military Officer -> Top 3 MBA -> Top Consulting Firm. Pretty much everyone I know who went to a top 10 or so MBA got to $500k+ by 40 or could have if they were willing to put in the work. That...
View ArticlePersonal Finance (Not Investing) • Re: Protecting Roth Assets From the Owner...
Our trust atty had a very simple phrase to explain this situation for a married couple:"There's a reason that they call it a trust; you have to trust each other."Like 123 mentions above, the more...
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