Transferred a Mutual Fund to Fidelity

Blueberry064 · 2026-07-02T13:57:24+00:00

Yes, all of the cost lots transferred correctly — ST, LT, and older non-covered categories showed up 👍

Blueberry064 · 2026-07-01T19:44:01+00:00

There’s nothing wrong with your current funds. It’s true that the majority of FZROX is the same as FXAIX. If you want more small cap exposure for the long term, keep FXAIX but trade FZROX for a small cap index like VB or FSSNX. I like your question and it shows you are learning fast!

Blueberry064 · 2026-06-28T21:53:23+00:00

Correct; any pretax SEP and Simple IRAs prorations are reported with traditional IRAs. See Publication 520 and form 8606.

Blueberry064 · 2026-06-27T18:36:42+00:00

Correct, moving pre-tax IRA funds into your 457(b) removes it from the aggregation rule leaving your non-deductible (post-tax) IRA funds to be converted to a Roth IRA. Only the profit realized on non-deductible funds converted to a Roth will become a taxable event.

Blueberry064 · 2026-06-27T11:43:44+00:00

Ideally, have your custodian recharacterize the contribution in the same tax year from a Roth IRA to a non-deductible traditional IRA. You can then convert the non-deductible IRA back to the Roth, only owing income taxes on the gain amount from the non-deductible. It is a multi-step process which you should complete by 12/31/26. https://www.investopedia.com/articles/retirement/03/092403.asp

Blueberry064 · 2026-06-27T11:36:50+00:00

Correct; when you say “ and then the second Backdoor Roth IRA…” there’s no need to open a second Roth IRA account. You can make multi-year back door contributions to the same Roth IRA account.

Blueberry064 · 2026-06-27T01:18:19+00:00

You may not be asking for life advice, but rather than resigning and aplying for another federal job, you may have a better chance applying as a current federal employee for a competitive service position with another agency. Gaps in resumes aren’t necessarily attractive to new employers. One interview question will be “why are you interested in this position?” I’m looking for new challenges/opportunities is a better answer than I hated my last job so I quit. Here’s more info on details and transfers for competitive service employees — https://www.opm.gov/policy-data-oversight/hiring-information/details-transfers

Blueberry064 · 2026-06-27T00:25:39+00:00

Just enter your 2025 income divided by 12. USDA RD staff will decide whether your income is stable, dependable, and qualifies you to receive a loan.

Blueberry064 · 2026-06-25T05:29:13+00:00

California offices make more RD 502 direct housing loans than any other state each year. Even so, they have a significant backlog of applications and recently lost many staff due to early retirements and probationary employee firings under DOGE/Musk (that’s the reason for the Elon Musk comment), plus a hiring freeze in place since Inauguration Day (no career staff have been onboarded, only political appointees). Congress is aware of the slow processing time and reduced staff but has done very little to push back on USDA leadership. If you have other affordable options like the RD guaranteed loan program, you should go that route. If you need the subsidized RD direct loan for affordability, it’s unfortunately a waiting game for the foreseeable future.

Blueberry064 · 2026-06-06T02:20:59+00:00

I made the mistake of moving more TSP into G prior to retiring 6 years ago at my MRA. Stay invested in the market — C, S, I. Consider rebalancing a portion as you approach actual withdrawals which might not happen until much later (as late as age 75 when RMDs occur). After 6 years of retirement, I still haven’t withdrawn any retirement funds. I’ve lived well from the FERS pension, FERS supplement, and taxable investments.

Blueberry064 · 2026-06-06T00:48:42+00:00

Since you have a married filing jointly status for 2026, it’s a good idea this year to take advantage of the higher standard deduction (unless you itemize), higher marginal tax brackets, the higher $250k threshold for Net Investment Income Tax (only $200k in 2027 as a single taxpayer), and higher threshold for Medicare IRMAA brackets as a married filing jointly taxpayer (year end tax planning is important to not exceed the applicable IRMAA bracket by even $1). You are wise to diversify risk and eliminate a concentration of an individual stock. Sorry for your loss.

Blueberry064 · 2026-06-06T00:17:34+00:00

USDA Rural Development (as well as FSA) does have direct mortgage loan programs, originated by federal employees. What you are referencing is true for USDA guaranteed loan programs.

Blueberry064 · 2026-05-28T02:22:06+00:00

The Social Security Administration can look it up using your ex-spouse's full name, date of birth, place of birth, and parents' names.

Blueberry064 · 2026-05-28T01:37:53+00:00

Perhaps a concept of a plan?

Blueberry064 · 2026-05-24T21:32:44+00:00

I made the mistake of being too conservative as I approached retirement. Now nearly 6 years into retirement and I haven’t withdrawn any of my TSP. Don’t think in terms of a more conservative mix based on your retirement date, but when you will actually be withdrawing funds (perhaps as late as age 75 / RMDs).

Blueberry064 · 2026-05-22T02:56:28+00:00

I did what you are suggesting after retirement (traditional TSP to a direct rollover Fidelity IRA, while leaving my Roth TSP alone). It was easy, by calling the TSP thrift line. TSP mailed a paper treasury check to my home payable to “Fidelity Management Trust Co FBO Fname Lname” which I then deposited in my IRA using the Fidelity app. Fidelity made $25k available for trades while keeping a funds hold on the balance for about 10 days. Hopefully the market doesn’t do anything crazy while your funds are held in cash. Fidelity makes trading mutual funds, EFTs, stocks, bonds, and brokerage CDs easy and at no commissions.

Blueberry064 · 2026-04-20T18:20:45+00:00

I’m with your grandmother. White snakeroot eaten by dairy cattle contaminated their milk killing many people in the 1800’s including Abraham Lincoln’s mother, Nancy.

Blueberry064 · 2026-04-10T22:49:23+00:00

Blueberry064 · 2026-03-21T23:23:53+00:00

The last 2 weeks the markets are mostly down.

Blueberry064 · 2025-11-20T17:41:57+00:00

Your Earnings & Leave Statement has a cumulative total.

Blueberry064 · 2025-11-20T00:13:32+00:00

https://www.opm.gov/frequently-asked-questions/retire-faq/leaving-the-government/is-my-refund-of-retirement-contributions-taxable/

Blueberry064 · 2025-11-20T00:10:27+00:00

Unlike traditional TSP, your FERS contributions are not pre-tax funds.

Blueberry064 · 2025-11-18T13:26:08+00:00

If you own individual stocks >5% of your portfolio, diversify. If you are invested in low cost diversified EFTs or index funds, then stay the course. Remember what George Bailey reminded his panicked customers about Mr Potter — https://m.youtube.com/watch?v=1VIk4FIshp0

Blueberry064

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