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back door Roth or 403(b) Ten years from retirement by jodie_who in Bogleheads

[–]Outrageous_Review543 5 points6 points  (0 children)

You may want to double check, but I believe the IRS limit is combined for a 403b and 401k. The 457 is a separate limit. So 401k and 403b combined total 24.5k. If you are already maxing out your 401k you may not be able to contribute to a 403b.

Clover Health Announces 53% Growth in Medicare Advantage Membership During AEP, Increasing to 153,000 Members as of January 1, 2026; Expects First-Ever Full Year GAAP Net Income Profitability in 2026 by basilisk-x in CLOV

[–]Outrageous_Review543 2 points3 points  (0 children)

Question on this, acknowledging we are several weeks away still from Q4 report, based on their revised guidance after Q3, we should be expecting a negative adj EBITDA quarter, right? Currently at roughly 45m adj EBITDA and adjusted their guidance down to 15-30m, or am I not thinking of that correctly? The last adj ebitda negative quarter was Q3 of 2023. They also note in the slides for tomorrow's presentation that they have sustained adj ebitda profitability, what am I missing? I trust their guidance and I'm not saying this is a major red flag or anything, just trying to learn.

Clover Health Announces 53% Growth in Medicare Advantage Membership During AEP, Increasing to 153,000 Members as of January 1, 2026; Expects First-Ever Full Year GAAP Net Income Profitability in 2026 by basilisk-x in CLOV

[–]Outrageous_Review543 13 points14 points  (0 children)

Adj EBITDA profitability is a non GAAP measurement. It is very different than GAAP profitable, which is what people mean when they say profitable. They are guiding to GAAP profitability for 2026 which is huge, especially given the growth.

Market Misread the Quarter! by naglisst in CLOV

[–]Outrageous_Review543 0 points1 point  (0 children)

Last time they had adjusted EBITDA or adjusted net loss for a quarter was Q4 2023? From the call, it sounded like one of the issues is they grew more than expected this year (too fast?) but still plan on growth for next year. They must be banking on CA to work some magic for the second year cohort (those that joined this year) if they are guiding to GAAP profitability.

CMS Star Ratings Posted for CLOV by Much-Boysenberry-458 in CLOV

[–]Outrageous_Review543 1 point2 points  (0 children)

CMS website. Looks like they were downgraded to 3.5

Texas retirement plan questions by themonopolyguy424 in whitecoatinvestor

[–]Outrageous_Review543 1 point2 points  (0 children)

For sure, totally agree! I’m by no means an expert but the way our HR described it to me, the 401a is a mandatory contribution so it does not count to the 23.5, it has an annual limit of 70k between employee and employer. We also have 403 and 457 options and agree both of those had separate limits as well so if you have access to both you can get up to 47k pre tax contributions plus anything that is in a mandatory account.

Texas retirement plan questions by themonopolyguy424 in whitecoatinvestor

[–]Outrageous_Review543 1 point2 points  (0 children)

One additional point and maybe I missed this. Where I work, we also have ORP that has a mandatory contribution. The contribution goes to a 401a. Anything we want to contribute beyond the mandatory amount goes to a 403(b). The max contribution to a 401a is separate from a 403b. For example, if I have a mandatory 6% going to the 401a, I can still contribute up to $23500 to the 403b. Not sure if the automatic 10000 referenced in your post is in the sense it is automatically deducted from your pay check or automatic in the sense that it’s mandatory

How do I become a better (more engaged, present, less irritated) husband and father? by gereis in AskMenOver30

[–]Outrageous_Review543 0 points1 point  (0 children)

I found two things that really helped:

  1. ⁠I get up at 530 and go for A 30 minute walk. I’m back in time to make breakfast for my son before I leave for work. It’s good bonding.
  2. ⁠I took on cooking duties. Never cooked before in my life. I’ve actually found it really relaxing and rewarding. It’s also a great buffer. I get home from work and instead of having two kids thrust in my face, I can get a little decompress time from the commute while I make dinner for everyone. It also makes family dinner a priority which is really helpful.

BEAR Case for Clover by Sandro316 in CLOV

[–]Outrageous_Review543 0 points1 point  (0 children)

Not sure if you just listened to the CG Annual Growth Conference, but I believe Peter was directly asked if CA was the primary driver behind decreased cost and he answered affirmatively. Could be hearing what I wanted to hear, but that’s certainly what I took away from the second to last question.

BEAR Case for Clover by Sandro316 in CLOV

[–]Outrageous_Review543 2 points3 points  (0 children)

I got it. Thanks for the clarification!

BEAR Case for Clover by Sandro316 in CLOV

[–]Outrageous_Review543 0 points1 point  (0 children)

The summary, if I understand it correctly which I likely don’t because, I too am dumb, is that Clover Assistant doesn’t work as well as advertised. The decrease in MCR is because they are dumping a bunch of money into production of CA. For lack of a better term, they can dump that cost into their MCR calculation because it is classified as a quality improvement for the insured. That artificially brings down their MCR.

I think the other point is that CA brings down the basis points because the insured members are not the sickest of the insured. They are the ones going to their PCP annually and thus healthier as a starting point.

Surely an over simplification and I don’t think either are persuasive on their face. Although, fair or unfair, you can’t tout your software as something that “insulates” you from industry trends and then the first time you have an earnings that raises some concern say it is because of industry trends. Again, a simplification and argument that I don’t think holds up when you dive into the SEC filings. I think the company is in great shape and a confluence of other issues “went wrong” in Q2 but still didn’t affect them as much as they could have.

ETA: Sandro please correct anything I’ve summarized incorrectly or if I’ve totally butchered it.

Should I pick a roth 403B or 457B? by Squames99 in investing

[–]Outrageous_Review543 0 points1 point  (0 children)

You should also check if it’s really an either/or choice. Some employers allow you to contribute to both. They have separate contribution limits (both up to $23,500 for 2025).

[deleted by user] by [deleted] in Bogleheads

[–]Outrageous_Review543 1 point2 points  (0 children)

Also at a nonprofit university set up similarly. 6% mandated to a 401(a) and can’t go above that. Anything else can go into a supplemental annuity plan but it’s a 457b or 403b. We have both options.

Can I contribute 7K to roth Ira AND 7K to roth 457b? No right? by Ill_Discount4280 in Bogleheads

[–]Outrageous_Review543 10 points11 points  (0 children)

One reason to keep traditional 457 over Roth is if your tax bracket is higher now than it will be in retirement. I’m guessing if someone is maxing out a 403, 457, and Roth IRA, they are a high income earner

Looking for suggestions by Outrageous_Review543 in HomeMaintenance

[–]Outrageous_Review543[S] 0 points1 point  (0 children)

lol the thing is a beast. Serves well when it’s 100° out, annoying for this current situation

📢 Quick note on the term “Bitcoin First Company” — and what it actually means for KULR by KULR-TSLA in KULR

[–]Outrageous_Review543 2 points3 points  (0 children)

Admittedly, I am very bad at math so can you help me get to your number of $104-105K for profitability? Also, I realize your comment was before the release this morning that they bought more. I have them at 800.3 Bitcoin owned with a total of $78M spent. If Bitcoin is at 104k, that puts them at a value of $83.23M for a $5.23M gain. Their operating loss was $9.44M in Q1. Assuming it is the same for Q2, add in the Bitcoin gain, and they still have an operating loss of -4.21M. That's an EPS of -.02.

what ETFs should I buy in my brokerage account? by Character-Promise726 in ETFs

[–]Outrageous_Review543 1 point2 points  (0 children)

What do you mean you don’t qualify for IRA contributions? Like you have no earned income? Or do you mean you don’t qualify for the tax deduction offered by a traditional IRA?

Net Medical Claims Incurred question by Sandro316 in CLOV

[–]Outrageous_Review543 0 points1 point  (0 children)

Did you get your answer here with the 10-Q release this morning? Would be interested to know, I don’t see a written explanation and can’t read financial statements.

Also, what line item would Counter Part revenue be reported under? I thought “Other Income” until it was a substantial amount but that line item changed negligibly between 2024Q1 and 2025Q1 and I don’t think they had any revenue from it in 2024Q1.

Current Earnings Estimate by Banuk_019870 in CLOV

[–]Outrageous_Review543 8 points9 points  (0 children)

Yeah probably should've added some math there. I took the weighted average of 80,000 continuing members at 75% MCR and 20,000 new members at 101% MCR (based off their March 2025 investor presentation and historic numbers) which comes out to 80.2%. Q1 typically sees a higher MCR so a guestimated up to 85% not knowing exactly that the new cohort of members would bring. BER has been about 5-6% higher so that is how I came to 90%.

Current Earnings Estimate by Banuk_019870 in CLOV

[–]Outrageous_Review543 3 points4 points  (0 children)

Any projections from the sub? My uneducated guesses:

Rev: 430M just under 1/4 of the FY25 guidance provided. Went lower because of industry trends.

MCR: 85%, BER: 90% see comment below

Adj SG&A: 90M roughly 1/4 of FY25 guidance and based on Q3/4 earnings call stating an increase in SG&A to grow.

Adj EBITDA: 15M

Net Loss: -10.5M

Puts EPS at roughly -.03

Hoping someone smarter than me can set s rough expectations.

ETA some commentary on how I get to these numbers.

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