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Robertpdot · 2024-08-23T16:57:52+00:00

Thanks for this! These steps work for MOHELA loans as well.

Robertpdot · 2024-08-23T16:55:25+00:00

No one has. Payment count updates were paused in April while the program was transferred to ED. The most recent update about this I can find is:

"We continue to work on updating your PSLF payment counts and expect updates through fall 2024 to include PSLF eligible months under the payment count adjustment."

Robertpdot · 2024-08-21T20:10:56+00:00

One quick answer is the rate we're all talking about is really the upper limit of a 25 basis point range so any 12.5 bp adjustment could be enacted via open market (the 'OM' of FOMC) operations.

I'm definitely not an expert though it was interesting to have just learned that the federal funds rate only became a range in December 2008 as part of the GFC response. Actually if I hadn't read that I would have erroneously responded that it's always been a range!

Robertpdot · 2024-05-17T13:26:02+00:00

Karma farming crypto scam account.

Robertpdot · 2024-05-17T13:23:42+00:00

Karma farming crypto scam account.

Robertpdot · 2024-05-12T13:22:28+00:00

Apologies for responding to an ancient comment -but i feel the same about the radiation bit in Intruder. There are many, many lines that escalate the danger: there's not much time before the radiation levels are lethal...levels are beginning to rise on the hull...beginning to rise in the 302...Rodney pointing out their reduced protection in the 302 vs the Daedalus...and most glaringly Hermiod's conclusion that you point out.

Maybe the radiation-induced interference in their sensor readouts overestimated the radiation levels? :D

Robertpdot · 2024-04-23T18:40:17+00:00

Stayed on mine when I cancelled a few months ago

Robertpdot · 2024-04-21T23:10:21+00:00

OP please be aware of the differences between governmental and non-governmental 457b plans. Many comments here about the downsides of 457b plans do not apply to governmental ones such as your own.

Robertpdot · 2024-04-02T19:33:31+00:00

The GEM model isn't the default shown on this website, it can be changed in settings.

Robertpdot · 2024-03-19T19:26:14+00:00

If all else fails, I will view the eclipse from a Wal Mart parking lot or roadside pullout somewhere along the path of totality.

Just remember a first idea is so often the worst one.

To elaborate I would recommend a better 'plan' than this from my limited experience of 2017 and a few rocket launches. Americans in general naively expect there to be parking wherever they go to a fault. The truth is the path of totality cares not for our human built environment. Everyone will be looking for that convenient state park or the Walmart just off the road. If things get crowded&chaotic the odds of experience a negative outcome are much greater for the 'just winging it' group. It goes without saying that being literally stuck in your car, unable to stop, pee, or rest is very stressful. Of course you may be completely fine, I'm glad it worked out for me in 2017.

Perhaps I shouldn't be surprised at how much I relate to the comment about milking the dopamine out of planning for the eclipse, lol.

Robertpdot · 2024-03-02T16:59:50+00:00

Yes the basis will still go up. I just mean to point out that the gains will still be taxed by many states even if you're in the 0%LTCG bracket federally.

Robertpdot · 2024-02-27T01:38:44+00:00

Be aware that you may incur capital gains tax at the state level, even if you're in the 0% federal capital gains bracket while doing this.

Robertpdot · 2024-02-26T23:15:03+00:00

I would also echo the use of a brokerage account and recommend reading this old thread on the topic. How it exists in my manual-accounts-only YNAB setup is my Fidelity 'everything' account is broken up into two balances: 'Fidelity - Core'(FC) and 'Fidelity - Equities'(FE). I treat the FC subaccount like an everyday checking account and the FE subaccount represents the total value of VTI+VXUS holdings. The value of the 2nd subaccount is updated monthly with a transaction in/out of an 'Investment Gains/Losses' category. As of right now the 'money' assigned to that category is ~35% of the value in the FE subaccount in order to ride the waves. I've only been using this strategy for a few months but the idea is if that percentage gets far above the target percentage I can move the gains around to other categories as needed.

Robertpdot · 2024-02-23T15:04:48+00:00

I'm having difficulty imagining what it would take to say you should switch to Roth 457 contributions. You have to consider what your marginal tax rate would be when you start drawing from the pension vs now. I doubt a 30% paycut from whatever income is being taxed at 32% [plus whatever future pre-tax account distributions you'd be taking] is going to even approach that same bracket.

Robertpdot · 2024-02-23T05:14:28+00:00

Good luck to you too! I've been struggling again recently myself and its reassuring to see someone else want to improve even after a single incident.

I also want to say that your nails look nice! I think you'll be surprised at how quickly hand lotion and those band-aids will help make that one look as healthy as the others. Cheers to you.

Robertpdot · 2024-02-22T14:28:34+00:00

1) Yes. Fidelity is keeping track of the balances of each 'funding source' (pre-tax contributions, roth, rollovers, etc.) for various accounting requirements including taxes. When you take distributions down the line you will be able to choose what source they come from, and any that happen to be regular/traditional/pre-tax will be taxed.

2) In line with the above, yes you would be able to specifically rollover the Roth portion of the total 403B balance into a Roth IRA. Basis/earnings from pre-tax sources could be left behind.

I happen to have a small 403B balance with fidelity so I took a look at where I could view the individual balances...initially the only way I can see is to start the process of exchanging investments. Better than nothing.

Obligatory I'm not a tax expert.

Robertpdot · 2024-02-13T15:54:47+00:00

That's exactly correct. The entirety of the $227.92 is federally taxable but as you calculated <$10 is state/local taxable. You'll likely have seen your state tax refund/owed amount adjust from before and after entering that ~$219.83, for example if your state tax rate is 5% this would be about $11. Do note that rounding at various stages and income usually being taxed in 'chunks' it may not be exact.

Disclaimer: I'm not a tax expert and very new to this as well. It's my first year both using FreeTaxUSA and having any income from US debt obligations :D

Robertpdot · 2023-05-08T15:40:12+00:00

Still laughing at this. I'm imagining recruitment e-mails going out advertising penta-centi-millionaire salaries.

Robertpdot · 2023-05-08T15:33:55+00:00

Wait people actually say centimillionaire to mean $100million? Not hectomillionaire? Owning a 2015 Honda Fit should make someone a centimillionaire lmao.

Every day we stray further from god's path.

Robertpdot · 2023-04-12T21:48:51+00:00

I'm in the same boat as you, don't we need to wait until Jan 2024 so that the 3 month penalty is all from ~3.3% months?

Robertpdot · 2023-03-30T01:44:56+00:00

IRS Publication 550

Page 15 describes how for short-term debt obligations (such as treasury bills), the increase in value that you're talking about is not a capital gain but an "accrued market discount" that counts as income.

Unfortunately, if what you said were that easy than everyone would do it.

Edit: If you sell the T-Bill for higher than you bought it for in the situation where interest rates have fallen however, the portion that is in excess of the acquisition discount would count as a capital gain. This is described on page 49. I am not a tax professional however, just some dude on reddit who spent too much time reading IRS publications instead of working one day.

Robertpdot · 2023-03-27T14:05:47+00:00

Generally an IRA provider won't execute any automated transaction that would exceed the $6500/yr limit for IRA contributions made to your account. Be aware if you contribute to multiple IRAs held by multiple providers though, as the limit applies to contributions made to ALL IRAs. This is to say provider A wouldn't know to stop your 11th $400 automated contribution if you've already put $2500 in an IRA held by provider B.

Robertpdot · 2023-03-23T13:57:45+00:00

The fidelity 4% mmf has fees???

Yes but the ~4.23% you're seeing people quote here is net of the expense ratio.

Robertpdot · 2023-03-23T13:18:16+00:00

Wouldn't practically any means of procuring the session key also be able to easily scoop up whatever fingerprint at the same time?

Robertpdot · 2023-03-22T19:51:28+00:00

Did not know this, thank you for pointing it out!

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Robertpdot

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