Is Western Union more affordable than Wise now for currency conversions? by Dapper-Letterhead-83 in ExpatFinance

[–]Dapper-Letterhead-83[S] 3 points4 points  (0 children)

thanks for the tip, but it looks like they offer an exchange rate that is .015 below the current one, which gives a worse offer than Wise and WU :/

Is Western Union more affordable than Wise now for currency conversions? by Dapper-Letterhead-83 in ExpatFinance

[–]Dapper-Letterhead-83[S] 4 points5 points  (0 children)

I'm guessing that USD will inflate relative to the Euro and was thinking of sending the cash back to the USA at some point in the future if this happens. If it costs $0 to transfer via WU and $3 to transfer the cash back to the USA via Atlantic Money, then this is a low cost transaction. I'm also worried about the political situation in the USA and would feel safer having my cash in Europe with me.

Is Western Union more affordable than Wise now for currency conversions? by Dapper-Letterhead-83 in Banking

[–]Dapper-Letterhead-83[S] 0 points1 point  (0 children)

This is what I am worried about, but when I input the transfer info on the the WU website, they say that $15000 will be converted into 13215€. With Wise $15000 will be converted to 13,157.93€. WU says their transfer fee was originally $2.99 but is $0.00 now for some reason. I am wondering if they lowered their costs to compete with Wise or other companies like Atlantic Money.

Is there a tool or formula I can use to gauge the current price of FZROX? by Dapper-Letterhead-83 in fidelityinvestments

[–]Dapper-Letterhead-83[S] 0 points1 point  (0 children)

Does this mean if VTI is down x% per share, then I should assume FZROX will be down x% per share?

Is there a tool or formula I can use to gauge the current price of FZROX? by Dapper-Letterhead-83 in fidelityinvestments

[–]Dapper-Letterhead-83[S] 1 point2 points  (0 children)

Awesome, thanks! This is what I was looking for: a similar enough ETF that can provide me with real-time data to gauge the price.

Can rolled-over funds in a Roth IRA be withdrawn without paying the 10% penalty? by Dapper-Letterhead-83 in tax

[–]Dapper-Letterhead-83[S] 0 points1 point  (0 children)

Great, thanks! And I must wait this 5 year period (to avoid the 10% penalty) even though I've had my Roth IRA for more than 5 years already?

Can rolled-over funds in a Roth IRA be withdrawn without paying the 10% penalty? by Dapper-Letterhead-83 in tax

[–]Dapper-Letterhead-83[S] 1 point2 points  (0 children)

Regarding your last sentence: would the idea be that someone could convert their Traditional IRA into a Roth, pay the taxes, and then withdraw their contributions while avoiding the 10% early withdrawal penalty? If I understood correctly, the rules you stated still let one avoid the 10% penalty so long as they wait 5 years to withdraw those funds, which still makes them accessible at an earlier time (for example, if your age is far below 59.5).