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In tax year 2023 year, I sent in quarterly estimated tax payments as I should have due to an unexpected dividend in 2022. In tax year 2023, I had another rather large, qualified dividend, which I paid taxes on via 100% withholding from an IRA withdrawal. Bottom line is that I overpaid and had a...

Following my thread on my DIY 529: https://www.early-retirement.org/forums/f28/using-a-roth-for-a-diy-529-ish-plan-120458.html I now have 20K each in 3 separate Roth accounts being used as those DIY 529 accounts. I could use some advice as to the best short-, medium- and long-term investments...

Following the "gifting with a warm hand" thread. DW and I want to help our grandchildren with their college expenses. Not a large amount, but enough to ease the burden a little. However, we want to provide some choices on their part and to incentivize good choices. My grandchildren are of ages 5...

DMIL passed in Aug 2021. DW inherited a portion of DMIL's IRA later that year, shared equally among 4 siblings. Since DMIL had already taken her 2021 RMD, there was nothing for DW to do for tax year 2021. For tax year 2022, whether RMDs on inherited IRAs were required or not were not settled...

Interesting article by AARP here: https://www.aarp.org/health/medicare-insurance/info-2023/will-original-medicare-survive-medicare-advantage.html A couple of things I read were : Although the article was about how the 2 systems compare and the differences between them, the focus was more...

As most of us here, I am a self-directed investor. Most of our savings are at Fidelity, consisting of IRA, Roth, IRA and TOD accounts. A few years back, Fidelity opened a new office near us. It was about the same distance as the one we had been using. Fido asked us if we would like to change to...

The discussion about old wills and trusts got me thinking about this. Having not used an attorney in creating our docs, we cannot leave copies at "our attorney's office. In our case, our properly executed Nolo wills and other life documents are kept in a fire safe along with other important...

We received three 1099's from the SSA today today's mail. One for DW and 2 for me. Apparently, the SSA issues one for spousal payments and the other for filing under my own benefits. I switched in 2022. That's the only thing I can figure out since the numbers look about right. I thought that...

Today, the IRS announced a delay for implementation of $600 reporting threshold for third-party payment platforms’ Form 1099-K. Companies like Venmo, PayPal etc. were required to implement this much lower level for year 2022 taxes. It has been delayed 1 year now affecting all transactions in...

With the other thread about age of giving up contact lenses, I thought of something regarding cataracts. At some time in the future, I will likely need cataract surgery. Not right now. One thing that bothers me about the internal lens is that my distance vision has been constantly getting...

I was one of those who have filed for spousal benefits at FRA. Now I'm coming up to my 70th birthday and have to switch to receiving on my own benefits. 3 months before that, I filed on-line to claim on my own benefits. I got a reply that it was in process. When I recently went on my account to...

I have a couple years more to go before RMDs hit. I was just wondering how people are dealing with the inevitable tax "process". Are you estimating the total annual income and paying quarterly taxes? Or do you split the RMD withdrawal between 2 steps. Step one: a transfer of some from IRA to...

I need some business/ tax advice. I am one of 6 stockholders in a very small, private Corp C business. For various reasons which I won’t go into, 4 of the stockholders want to turn in their stock. However, they have lost their certificates. The plan is to cancel all stock certs and then reissue...

I read this this morning. Reportedly, home tests will be covered by insurance starting this Saturday. Only tests purchased on or after Jan. 15 will be required to be reimbursed. This is a big step forward. However, the exclusion of Medicare covered people is a misstep IMO...

We have recently run into our first snafu with Fidelity. DW filed a request for moving an inherited IRA to Fido. The form filed with Fido said to move 100% in kind. The original account held elsewhere had 3 funds. Fidelity never asked us for the name of those funds. We assumed that they would...

I want to share some real numbers DMIL experienced in her last year or so. She had a LTC insurance policy and needed assistance. She filed to collect on her policy. To start, there was an evaluation to determine she really needed assistance. Once approved, there was a 90 day waiting period...

MIL is in failing health, she is currently receiving 24hr in-home care. She has a living trust and is still acting as the trustee. Based on some recent visits with her, DW has noticed a sharp decline in her cognitive functions and will soon be trying to get MIL to voluntarily step down as...

I'm not talking about premium increases in this thread. We are covered to the current value of the home. Most insurer's recommend insuring for replacement costs not market value. I think my policy has a replacement cost section mentioned, at some % over the insured value. I'll have to review it...

This is a venting. I have no problem with the ATT (Yahoo) email itself. It works just fine, mostly. I have a problem with receiving emails from one person, and only them. His e-Mail goes directly to the Webmail's Spam folder. No matter what I do, I cannot fix it. I have setup a filter that is...

Some other recent discussions have me wondering how many of us have a Safety Deposit Box at a local bank. Personally, we do not have one. We keep all important papers such as birth certs, vehicle titles, mortgage papers etc. in a fire-proof safe. Our major concern is the protection of then in...

A theoretical strategy question. :angel: Presume that one started retirement a couple of years ago calculating a SWR based on the traditional 4%+ Cola every year and verifying it with FireCalc. Is it OK to just reset the clock and start at the 4% of today's retirement funds, all other things...

Crazy idea #236: I am wondering if there is ever a reason to forego any taxable investment account. Consider someone who has nothing but tIRA’s and Roths, and is over the magical 59-1/2 age. Could it ever make sense to convert the tIRAs completely to Roth? Ignore the immediate tax vs spread...

I received an eMail from ATT about a new video explanation of my bill. I just left ATT Cell service last week but still have their Internet service. I clicked on the link in the eMail to see the video. The page said it was for ATT TV services, called me by name in the video and within the video...

Unfortunately I drank the Kool-Aid about tax deferred IRAs and 401K's early and didn't pay much attention after that. Whoever said our tax rates will be lower in retirement was, at best, optimistic, at worst, just pushing their offerings. As a result, I found that too much of our investments...

I just finished a Chat with Amazon customer service. I live in an unincorporated area. My address uses the name and zip code of the neighboring city post office. That city has a local sales tax. I recently found that Amazon may have been including that city tax for my purchases. I view this as...