Search results

Would that RMD have been taxed, or was that just a way for the government to get the money out of an untaxed account?

OK, before the change, was there any tax due or was this just to force money into taxable accounts? I have never had a 401k of any kind, but my son does. I told him he needs to check on how the company match is made, suspecting it is put in a tax deferred t401k, not the Roth. His company also...

The statement below is from a Schwab website. "401(k), 403(b), and similar workplace retirement plans—including Roth 401(k)s if you haven't yet taken your RMDs for 2023 ( Certain qualified plans can allow for those still working to forgo RMDs until their employment is terminated. Starting in...

Their is one way if you had only known tax law would not change. And that is putting all your money into taxable accounts. This year you could have qualified dividends and LTCG withdrawals of about $121,450k in tax able gains and pay $0 tax (65 or older). Dividends you had received before...

Well ya, the original poster of this 7 years ago, (!) did respond and doubled down. Here's what I just finished responding with, critic me as needed, I might need to go back and correct myself. "I’ll run through the numbers for you and everyone else. I’ll chose a 48 yr old married couple, with...

Here it is 2 weeks later, the roof is still not completed and the drywallers did a poor finishing job, requested they fix it, the second time was only a little better, still waiting for them to show up to fix it. The drywall guy ask for the other half of the money, ha, ha, ha, he didn't get it...

Thanks all, I could not see how it was right, thanks telling me you agree the quote is wrong.

I picked this up on a forum, "you won’t come out ahead with a Roth, because the Roth 401k contributions are taxed at your marginal tax rate, and regular 401k withdrawals will be taxed at your effective tax rate." I don't necessarily agree with it, but I want more understanding. I do understand...

I didn't have a number, but I thought we had a enough, but my wife wasn't interested in retiring. Luckily :-) a hurricane hit, total destroyed our small business, ruined the possibility of restarting it, and did $90k of damage to our home. Almost 6 years later, I'm sure we over saved.

So just for fun, I used the FICA and SECA tax rate table Tadpole posted to know what the SS tax rate was for each year, my older SS statements of what I earned and an S&P growth calculator, S&P 500 Historical Return Calculator [With Dividends] – Of Dollars And Data to find what all my...

I had a 50+ yr old drug user living with 80+ yr old mama and others in the house across the street. Lot's of hanger on-ers around. Two women died of overdoses, and when mama died, the 50+ yr old sold the house and with the bundle of cash he was dead of an overdose within a month. Fentanyl...

Is there a way to see what SS tax you paid every year on the ssa.gov website. I'm not finding it. I want to calculated what I would have acrued if I had invested in the S&P 500 instead of SS. I do have what the tax rate percentage was from 1969 forward, but that seems an unneeded complication if...

Sunny Florida here, my wife is in her large garden every single day. I'll tell her, but don't expect pictures.

Ok, maybe this doesn't go here, but it is one way to not inflate prices. I bought the same SUNCO 6PK of LED lights 3 times, Feb 5, 2019, Sept 15, 2020, and April 6, 2024. On the first order the price was $144.99, on the second order, the price dropped to $104.99 and the last order, the price...

This is also what I keep coming back to. I'm doing well on meds, but if I ever need it, I'll see if this fits my situation. https://www.facebook.com/groups/prostatePAE

I was prescribed both at the same time. I'd don't remember the exact date but it was over 2 years ago. This was after the second mention to my doc, I told him it's time to do something, "I'm to the point when I get up at night, I know it will be a while so I just sit down" After two years I...

I use then term liquid net worth. I'm one of those people, I don't count my house. :-)

Surprise! My son said he had four pieces of flooring in a closet. He started removing pieces and the 1/4 round trim. He found the flooring very tight, again the wall. We removed enough pieces to get the wall pieces out and the bubble then laid flat. We trimmed about 1/4" of the pieces against...

I'm suspecting it is the laminate/pressed paper, but will need to look further. I just sprained my big toe an hour ago, so I'm hobbling around, foot is in an ice bath as I write. Arrgh, just doing something stupid and injured myself!

The laminate on the floor is the long rectangular interlocking pieces, (tongue and groove). Similar to this picture.

Unfortunately no extra laminate was found in the house.

On the other hand, I think there is a lot more of what Judge Wapner called "puffery". Such as, when my son was in a hit and run, he was on his skateboard and a bicycle ran him down and knocked him unconscious for a short time. The bicyclist was no where to be found. A good Samaritan saw him and...

My son recently bought fixer upper house that was damaged in a tornado, lost part of the roof and the *laminate floor got wet. There are 4 or 5 planks the have a bubble when you walk over them, this is right at a transition to a tile floor. There is a longer term plan to totally remodel the...

A difficult website is IBKR (Interactive Brokers). I find it extremely difficult to find my account data on there. I opened that account because I could borrow on margin at 1.5%, that was a 2 or 3 years ago. I short term financed a house for my daughter and SIL, rather than sell shares and pay...

That would be what you want, sell at the high price and buy back a lower price when the market tanked. But I know what you meant.