A few questions to discuss 1/12/2009 11:10
You probably can't believe that this is the first time I checked the Tax Bracket and know which bracket I belong.

The reason I check is to decide whether it is a right decision to contribute to Roth IRA. I can think of three points in help making the decision:
1. If our tax rate is lower now than after retirement.
2. The earnings can grow without being taxed.
3. If we want to diversify our tax rates because we really don't know the tax rates when we retire. By diversify I mean that 401k and 403b pays tax later, while Roth IRA pays tax now. It seems that the consideration on diversification on taxes is another base to choose Roth IRA if our current tax rate is not low.

What is your opinion on the pros and cons of contributing to Roth IRA?
And is there a way to estimate the tax bracket when we retire?
What is good about contributing to Roth when the current tax is not low?

2008 IRS Tax Brackets


Tax Rate Single Married Filing Jointly
10% Not over $8,025 Not over $16,050
15% $8,025 - $32,550 $16,050 - $65,100
25% $32,550 - $78,850 $65,100 - $131,450
28% $78,850 - $164,550 $131,450 - $200,300
33% $164,550 - $357,700 $200,300 - $357,700
35% Over $357,700 Over $357,700
http://www.bargaineering.com/articles/2008-federal-income-tax-brackets-official-irs-figures.html

2. The second question: if we do decide to contribute to Roth IRA, is it true that Stocks are a better choice than Bonds? The arguement is that the yield on stocks is higher in long term than the yield on Bonds, so the difference in tax savings are bigger.

3. To caculate the tax bracket, in a sense requires we know how long we are going to live. What happens if we live extremely long? wink There is insurance that is designed to hedge against longevity. Is this something, you can decide at the time you expect to die but don't die, or is this something you have to plan early? Laughing Does anyone do?

4. MASS state Bonds are tax deductible, but do they offer in the employer plan? But does it worth to find individual municiple bonds that won't default on you?

5. It is often suggested to contribute about 10% on precious metal (mainly Gold). but it seems to me not a very liquidity product that requires a deposit box in a bank. When you want to get money, do you have to send the gold back to the company? Is this true?


Sorry I can't write in chinese on this PC, but you are welcome to use zhongwen.
i think you are leaning towards a risk tolerance "bracket" that is higher than mine. Of course your risk capacity "bracket" may be higher than mine also. Laughing

risk tolerance represents how much 勇 you have; risk capacity 财。
开会 at 1/12/2009 11:20 快速引用
Roth IRA里赚的钱是不交税的, 对吧? (Roth IRA你已经交过税了. ) 当然比自己交了税, 然后存了然后投资, 投资的gain再交税要强.

如果你收入不到九万五, 趁你还是single赶快放....结婚后就放不成了.
breezy at 1/12/2009 11:32 快速引用
不应该是Roth IRA与股票比较的吧。要比较就是比较Roth与IRA或者401K。

因为Roth IRA就可以是股票的,看你选择在哪里开Roth IRA了。而且Roth IRA的本金是可以提前取出的,不需要交10%罚金。所以我是非常提倡Roth IRA的。可以把Roth IRA看成是退休与平时的紧急备用金两用。用作退休金,可以获得增值百分比的税前指数累加效应,将来退休的时候取出也是免税。用作备用金,可以把平时应该放在边上的三个月的紧急备用金挪到别的用途去了,增加了资金效率。

Roth与IRA或者401K比较是有意义的,Roth是现在交税将来免税,另两个是现在免税将来交税。

Roth是有限制的,收入高到一定程度就不能存Roth了。有了这个限制条件,如果能存Roth,那一般都会是存Roth合算的。

今年我要给丫头开个Roth了。想象一下五十多年的指数效应吧。 happy happy
WoJian at 1/12/2009 11:37 快速引用
WoJian :
不应该是Roth IRA与股票比较的吧。要比较就是比较Roth与IRA或者401K。

因为Roth IRA就可以是股票的,看你选择在哪里开Roth IRA了。而且Roth IRA的本金是可以提前取出的,不需要交10%罚金。所以我是非常提倡Roth IRA的。可以把Roth IRA看成是退休与平时的紧急备用金两用。用作退休金,可以获得增值百分比的税前指数累加效应,将来退休的时候取出也是免税。用作备用金,可以把平时应该放在边上的三个月的紧急备用金挪到别的用途去了,增加了资金效率。

Roth与IRA或者401K比较是有意义的,Roth是现在交税将来免税,另两个是现在免税将来交税。

Roth是有限制的,收入高到一定程度就不能存Roth了。有了这个限制条件,如果能存Roth,那一般都会是存Roth合算的。

今年我要给丫头开个Roth了。想象一下五十多年的指数效应吧。 happy happy


yes, that's the comparison I want to do basically between Roth IRA and 401k (403b).

So you answered the first question: yes do it.

The second one: is it more beneficiary to put in stocks? I know this relates to Annie's risk threshold. But since it's long term, what is good of it leaving it on CD in a Roth IRA - only saves the tax on CD interest? However, it is also a scary time to put on stocks at this moment - though i think it is right to do so.

The more challenge is what stock to pick if stocks are the way to go.
wildcrane at 1/12/2009 11:50 快速引用
开会 :
i think you are leaning towards a risk tolerance "bracket" that is higher than mine. Of course your risk capacity "bracket" may be higher than mine also. Laughing

risk tolerance represents how much 勇 you have; risk capacity 财。


so what is you allocation proportions?

i maxed out my retirement and where over 80% on stocks, and the rest on Bonds.

other than retirement, they are all in cash - earnings lower than inflation rate.
wildcrane at 1/12/2009 11:52 快速引用
breezy :
Roth IRA里赚的钱是不交税的, 对吧? (Roth IRA你已经交过税了. ) 当然比自己交了税, 然后存了然后投资, 投资的gain再交税要强.

如果你收入不到九万五, 趁你还是single赶快放....结婚后就放不成了.


gong xi yi xia.
wildcrane at 1/12/2009 11:54 快速引用
wildcrane :
You probably can't believe that this is the first time I checked the Tax Bracket and know which bracket I belong.

The reason I check is to decide whether it is a right decision to contribute to Roth IRA. I can think of three points in help making the decision:
1. If our tax rate is lower now than after retirement.
2. The earnings can grow without being taxed.
3. If we want to diversify our tax rates because we really don't know the tax rates when we retire. By diversify I mean that 401k and 403b pays tax later, while Roth IRA pays tax now. It seems that the consideration on diversification on taxes is another base to choose Roth IRA if our current tax rate is not low.

What is your opinion on the pros and cons of contributing to Roth IRA?
And is there a way to estimate the tax bracket when we retire?
What is good about contributing to Roth when the current tax is not low?

2008 IRS Tax Brackets


Tax Rate Single Married Filing Jointly
10% Not over $8,025 Not over $16,050
15% $8,025 - $32,550 $16,050 - $65,100
25% $32,550 - $78,850 $65,100 - $131,450
28% $78,850 - $164,550 $131,450 - $200,300
33% $164,550 - $357,700 $200,300 - $357,700
35% Over $357,700 Over $357,700
http://www.bargaineering.com/articles/2008-federal-income-tax-brackets-official-irs-figures.html

2. The second question: if we do decide to contribute to Roth IRA, is it true that Stocks are a better choice than Bonds? The arguement is that the yield on stocks is higher in long term than the yield on Bonds, so the difference in tax savings are bigger.

3. To caculate the tax bracket, in a sense requires we know how long we are going to live. What happens if we live extremely long? wink There is insurance that is designed to hedge against longevity. Is this something, you can decide at the time you expect to die but don't die, or is this something you have to plan early? Laughing Does anyone do?

4. MASS state Bonds are tax deductible, but do they offer in the employer plan? But does it worth to find individual municiple bonds that won't default on you?

5. It is often suggested to contribute about 10% on precious metal (mainly Gold). but it seems to me not a very liquidity product that requires a deposit box in a bank. When you want to get money, do you have to send the gold back to the company? Is this true?

Sorry I can't write in chinese on this PC, but you are welcome to use zhongwen.


重看了你的第二问,你不是比较Roth与股票,而是问股票还是Bond。这跟你平时的原则差不多的吧,两个都来点喽。

第五点,如果是你喜欢的,就有双重价值了。 happy support 放你首饰柜,还省下了deposit box的钱。

第三点,其实每年只取出退休资金的收入,资金就“last forever”了。不过呢,对活得长的来说,货币贬值是个大问题,眼看着资金和收入不断地事实缩水,生活水平在不断下降。从这个角度来说,房地产是个好投资,房产跟着升值和保值,房租收入也跟着升值保值。就是做地主是件麻烦事。

反正最后还有核大战呢,地球都一塌糊涂了,钱不知道还有没有人认账。所以就别操心这么多了,花了的可能是最值的。
WoJian at 1/12/2009 12:00 快速引用
WoJian :
花了的可能是最值的。



support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,真皮的哦,做梦也在笑啊,挖哈哈哈哈
happy
开会 at 1/12/2009 12:04 快速引用
wildcrane :


What is your opinion on the pros and cons of contributing to Roth IRA?

Like any expert's opinion you can find online.

And is there a way to estimate the tax bracket when we retire?

So far I don't see your potential to jump into a higher bracket after retirement unless you really hit something big, which means your current choice on IRA is choice on pennies.

What is good about contributing to Roth when the current tax is not low?

do you know you have to pay tax on your bank account interests?


2. The second question: if we do decide to contribute to Roth IRA, is it true that Stocks are a better choice than Bonds? The arguement is that the yield on stocks is higher in long term than the yield on Bonds, so the difference in tax savings are bigger.

Is stock A a better choice than stock B? If stock goes down, your tax savings become tax losses.

3. To caculate the tax bracket, in a sense requires we know how long we are going to live. What happens if we live extremely long? wink There is insurance that is designed to hedge against longevity. Is this something, you can decide at the time you expect to die but don't die, or is this something you have to plan early? Laughing Does anyone do?

Does longevity has anything to do with your tax bracket? Am I confused?

4. MASS state Bonds are tax deductible, but do they offer in the employer plan? But does it worth to find individual municiple bonds that won't default on you?

Your employer knows what it offers, not us. I don't think municipal bonds are particularly good for you. But if you want to consider, avoid Hollywood stars.

5. It is often suggested to contribute about 10% on precious metal (mainly Gold). but it seems to me not a very liquidity product that requires a deposit box in a bank. When you want to get money, do you have to send the gold back to the company? Is this true?


Haha, Often suggested for individual? Indians are smart. They stock gold jewelries!


Sorry I can't write in chinese on this PC, but you are welcome to use zhongwen.


Forget about Roth IRA, it won't make your life much different, other than giving your another thing to worry about.
Nike at 1/12/2009 12:08 快速引用
WoJian :
wildcrane :
You probably can't believe that this is the first time I checked the Tax Bracket and know which bracket I belong.

The reason I check is to decide whether it is a right decision to contribute to Roth IRA. I can think of three points in help making the decision:
1. If our tax rate is lower now than after retirement.
2. The earnings can grow without being taxed.
3. If we want to diversify our tax rates because we really don't know the tax rates when we retire. By diversify I mean that 401k and 403b pays tax later, while Roth IRA pays tax now. It seems that the consideration on diversification on taxes is another base to choose Roth IRA if our current tax rate is not low.

What is your opinion on the pros and cons of contributing to Roth IRA?
And is there a way to estimate the tax bracket when we retire?
What is good about contributing to Roth when the current tax is not low?

2008 IRS Tax Brackets


Tax Rate Single Married Filing Jointly
10% Not over $8,025 Not over $16,050
15% $8,025 - $32,550 $16,050 - $65,100
25% $32,550 - $78,850 $65,100 - $131,450
28% $78,850 - $164,550 $131,450 - $200,300
33% $164,550 - $357,700 $200,300 - $357,700
35% Over $357,700 Over $357,700
http://www.bargaineering.com/articles/2008-federal-income-tax-brackets-official-irs-figures.html

2. The second question: if we do decide to contribute to Roth IRA, is it true that Stocks are a better choice than Bonds? The arguement is that the yield on stocks is higher in long term than the yield on Bonds, so the difference in tax savings are bigger.

3. To caculate the tax bracket, in a sense requires we know how long we are going to live. What happens if we live extremely long? wink There is insurance that is designed to hedge against longevity. Is this something, you can decide at the time you expect to die but don't die, or is this something you have to plan early? Laughing Does anyone do?

4. MASS state Bonds are tax deductible, but do they offer in the employer plan? But does it worth to find individual municiple bonds that won't default on you?

5. It is often suggested to contribute about 10% on precious metal (mainly Gold). but it seems to me not a very liquidity product that requires a deposit box in a bank. When you want to get money, do you have to send the gold back to the company? Is this true?

Sorry I can't write in chinese on this PC, but you are welcome to use zhongwen.


重看了你的第二问,你不是比较Roth与股票,而是问股票还是Bond。这跟你平时的原则差不多的吧,两个都来点喽。

yes, this is after the decision that should contribute to Roth. Someone else agured that Stock is better than bond. I want to see if you agree.

第五点,如果是你喜欢的,就有双重价值了。 happy support 放你首饰柜,还省下了deposit box的钱。
can't liquid though wink

第三点,其实每年只取出退休资金的收入,资金就“last forever”了。不过呢,对活得长的来说,货币贬值是个大问题,眼看着资金和收入不断地事实缩水,生活水平在不断下降。从这个角度来说,房地产是个好投资,房产跟着升值和保值,房租收入也跟着升值保值。就是做地主是件麻烦事。
I agree with you but figured out it's not for me. smile

反正最后还有核大战呢,地球都一塌糊涂了,钱不知道还有没有人认账。所以就别操心这么多了,花了的可能是最值的。


knowing my tax bracket is good - because i didn't withdrew enough and got penalty. i hope last year i paid enough. but i will make sure that this year the withdrew is enough. smile

i am improving right? my financial life is not under control yet, because i haven't really applied much yet.

understanding is the first to go.

Another question:

What to do about the cash? On CDs?
wildcrane at 1/12/2009 12:12 快速引用
开会 :
WoJian :
花了的可能是最值的。



support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,做梦也在笑
happy


崇拜 崇拜

最近都没时间去outlet,正在考虑这个周末去扫扫街,估计是掏deal的最好时间了 Success
emory at 1/12/2009 12:12 快速引用
emory :
开会 :
WoJian :
花了的可能是最值的。



support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,做梦也在笑
happy


崇拜 崇拜

最近都没时间去outlet,正在考虑这个周末去扫扫街,估计是掏deal的最好时间了 Success


友情提醒,wrentham千万不要周末去,一定要工作日去
开会 at 1/12/2009 12:13 快速引用
开会 :
emory :
开会 :
WoJian :
花了的可能是最值的。



support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,做梦也在笑
happy


崇拜 崇拜

最近都没时间去outlet,正在考虑这个周末去扫扫街,估计是掏deal的最好时间了 Success


友情提醒,wrentham千万不要周末去,一定要工作日去


收到 but 工作日没时间。

ps,我不去wrentham, 那个不是逃deal的宝地。我去另外两个outlet, 所以时间上要求比较高,一个周末都得耗进去,纠结ing
emory at 1/12/2009 12:17 快速引用
emory :
开会 :
emory :
开会 :
WoJian :
花了的可能是最值的。



support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,做梦也在笑
happy


崇拜 崇拜

最近都没时间去outlet,正在考虑这个周末去扫扫街,估计是掏deal的最好时间了 Success


友情提醒,wrentham千万不要周末去,一定要工作日去


收到 but 工作日没时间。

ps,我不去wrentham, 那个不是逃deal的宝地。我去另外两个outlet, 所以时间上要求比较高,一个周末都得耗进去,纠结ing


挖,侬是专业的,偶是山寨的 狂笑
开会 at 1/12/2009 12:24 快速引用
开会 :
WoJian :
花了的可能是最值的。


support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,真皮的哦,做梦也在笑啊,挖哈哈哈哈
happy


support 崇拜

小强应该可以从这里,看出美国经济的走向了。 Laughing Laughing

你拿长统靴的deal还有吗?我太太也在找呢。
WoJian at 1/12/2009 12:24 快速引用
just opened a citi master card in order to reactivate my AA millage.

after the application, i was told the annual fee is 85$. Sad

i have not had a credit card for years. is this fee normal? worth it? or is there a way not to pay?
wildcrane at 1/12/2009 12:28 快速引用
wildcrane :
just opened a citi master card in order to reactivate my AA millage.

after the application, i was told the annual fee is 85$. Sad

i have not had a credit card for years. is this fee normal? worth it? or is there a way not to pay?


no way!!! it's a rip off!!
开会 at 1/12/2009 12:29 快速引用
wildcrane :
just opened a citi master card in order to reactivate my AA millage.

after the application, i was told the annual fee is 85$. Sad

i have not had a credit card for years. is this fee normal? worth it? or is there a way not to pay?


oh, it is because i didn't read the terms.
wildcrane at 1/12/2009 12:29 快速引用
WoJian :
开会 :
WoJian :
花了的可能是最值的。


support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,真皮的哦,做梦也在笑啊,挖哈哈哈哈
happy


support 崇拜

小强应该可以从这里,看出美国经济的走向了。 Laughing Laughing

你拿长统靴的deal还有吗?我太太也在找呢。


不要误导小强哦 狂笑

长筒靴是在店里买的,不是网上,所以我也不知道现在还有没有了。。。
开会 at 1/12/2009 12:30 快速引用
wildcrane :
WoJian :

重看了你的第二问,你不是比较Roth与股票,而是问股票还是Bond。这跟你平时的原则差不多的吧,两个都来点喽。

yes, this is after the decision that should contribute to Roth. Someone else agured that Stock is better than bond. I want to see if you agree.

第五点,如果是你喜欢的,就有双重价值了。 happy support 放你首饰柜,还省下了deposit box的钱。
can't liquid though wink

第三点,其实每年只取出退休资金的收入,资金就“last forever”了。不过呢,对活得长的来说,货币贬值是个大问题,眼看着资金和收入不断地事实缩水,生活水平在不断下降。从这个角度来说,房地产是个好投资,房产跟着升值和保值,房租收入也跟着升值保值。就是做地主是件麻烦事。
I agree with you but figured out it's not for me. smile

反正最后还有核大战呢,地球都一塌糊涂了,钱不知道还有没有人认账。所以就别操心这么多了,花了的可能是最值的。


knowing my tax bracket is good - because i didn't withdrew enough and got penalty. i hope last year i paid enough. but i will make sure that this year the withdrew is enough. smile

i am improving right? my financial life is not under control yet, because i haven't really applied much yet.

understanding is the first to go.

Another question:

What to do about the cash? On CDs?


从指数增长的模式去判断,如果同时包含快增长期与衰落期,肯定是混合的合算。牺牲了快增长的最佳值,但也避免了衰落期的大幅落差。我要说了,人是活的,知道是快增长期就多放股票,知道有衰落期危险了就多放债券。

现在比较为难的,就是不知道是否跌到了谷底。但在谷里是没错的,所以我支持定期定额地买进股票或者基金,追求dollar average。当下筛选股票我看要多注意看债务和收帐情况,避免意外倒掉。
WoJian at 1/12/2009 12:35 快速引用
开会 :
emory :
开会 :
emory :
开会 :
WoJian :
花了的可能是最值的。



support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,做梦也在笑
happy


崇拜 崇拜

最近都没时间去outlet,正在考虑这个周末去扫扫街,估计是掏deal的最好时间了 Success


友情提醒,wrentham千万不要周末去,一定要工作日去


收到 but 工作日没时间。

ps,我不去wrentham, 那个不是逃deal的宝地。我去另外两个outlet, 所以时间上要求比较高,一个周末都得耗进去,纠结ing


挖,侬是专业的,偶是山寨的 狂笑


据最新消息没啥太好的deal frustrated frustrated
emory at 1/12/2009 12:38 快速引用
WoJian :
wildcrane :
WoJian :

重看了你的第二问,你不是比较Roth与股票,而是问股票还是Bond。这跟你平时的原则差不多的吧,两个都来点喽。

yes, this is after the decision that should contribute to Roth. Someone else agured that Stock is better than bond. I want to see if you agree.

第五点,如果是你喜欢的,就有双重价值了。 happy support 放你首饰柜,还省下了deposit box的钱。
can't liquid though wink

第三点,其实每年只取出退休资金的收入,资金就“last forever”了。不过呢,对活得长的来说,货币贬值是个大问题,眼看着资金和收入不断地事实缩水,生活水平在不断下降。从这个角度来说,房地产是个好投资,房产跟着升值和保值,房租收入也跟着升值保值。就是做地主是件麻烦事。
I agree with you but figured out it's not for me. smile

反正最后还有核大战呢,地球都一塌糊涂了,钱不知道还有没有人认账。所以就别操心这么多了,花了的可能是最值的。


knowing my tax bracket is good - because i didn't withdrew enough and got penalty. i hope last year i paid enough. but i will make sure that this year the withdrew is enough. smile

i am improving right? my financial life is not under control yet, because i haven't really applied much yet.

understanding is the first to go.

Another question:

What to do about the cash? On CDs?


从指数增长的模式去判断,如果同时包含快增长期与衰落期,肯定是混合的合算。牺牲了快增长的最佳值,但也避免了衰落期的大幅落差。我要说了,人是活的,知道是快增长期就多放股票,知道有衰落期危险了就多放债券。

现在比较为难的,就是不知道是否跌到了谷底。但在谷里是没错的,所以我支持定期定额地买进股票或者基金,追求dollar average。当下筛选股票我看要多注意看债务和收帐情况,避免意外倒掉。


9494 同意 崇拜
wildcrane at 1/12/2009 13:24 快速引用
emory :
开会 :
emory :
开会 :
emory :
开会 :
WoJian :
花了的可能是最值的。



support support

我这几天狂给美国经济做贡献啊,天天去mall散步 狂笑 上礼拜在wrentham的theory买到超级合身的上班/夜间活动两用套装,还有全羊绒的连衣裙只要$79哦。banana republic买了双麂皮长筒靴只花了$24,做梦也在笑
happy


崇拜 崇拜

最近都没时间去outlet,正在考虑这个周末去扫扫街,估计是掏deal的最好时间了 Success


友情提醒,wrentham千万不要周末去,一定要工作日去


收到 but 工作日没时间。

ps,我不去wrentham, 那个不是逃deal的宝地。我去另外两个outlet, 所以时间上要求比较高,一个周末都得耗进去,纠结ing


挖,侬是专业的,偶是山寨的 狂笑


据最新消息没啥太好的deal frustrated frustrated


because of my leg, all my boots have been lying around for long time.
wildcrane at 1/12/2009 13:25 快速引用
Wojian, another question:

I thought one can choose CDs in a Roth IRA account but somehow it is all funds in my Vanguard Roth. confused.
wildcrane at 1/12/2009 15:28 快速引用
Only if Vangard offers CD in their potifolio..

wildcrane :
Wojian, another question:

I thought one can choose CDs in a Roth IRA account but somehow it is all funds in my Vanguard Roth. confused.
pompano at 1/12/2009 15:30 快速引用
wildcrane :
Wojian, another question:

I thought one can choose CDs in a Roth IRA account but somehow it is all funds in my Vanguard Roth. confused.


我没能完全理解你的问题。你当然可以在Vanguard又有403b,又有Roth,又有普通的股票帐户。然而,在Vanguard的Roth里面是否offer CD这个选项,我就不知道了。
WoJian at 1/12/2009 15:48 快速引用
I called them.

My current Roth IRA can only buy Vanguard Mutual Funds.

They said that I have to open a brockage account with minimum of 10,000, and 30 fee a year (1st year waived), and then the Roth IRA can be in this account and then can buy individual stocks, bonds, ETFs, CDS and other non-Vanguard funds.
wildcrane at 1/12/2009 16:07 快速引用
wildcrane :
I called them.

My current Roth IRA can only buy Vanguard Mutual Funds.

They said that I have to open a brockage account with minimum of 10,000, and 30 fee a year (1st year waived), and then the Roth IRA can be in this account and then can buy individual stocks, bonds, ETFs, CDS and other non-Vanguard funds.


听起来就象是银行,要你开支票帐户,才给你储蓄帐户优惠。

如果你这部分钱光想着存CD,可以到银行去开个Roth IRA的CD帐户。不过最近CD rate不高。
WoJian at 1/12/2009 16:17 快速引用
WoJian :
wildcrane :
I called them.

My current Roth IRA can only buy Vanguard Mutual Funds.

They said that I have to open a brockage account with minimum of 10,000, and 30 fee a year (1st year waived), and then the Roth IRA can be in this account and then can buy individual stocks, bonds, ETFs, CDS and other non-Vanguard funds.


听起来就象是银行,要你开支票帐户,才给你储蓄帐户优惠。

如果你这部分钱光想着存CD,可以到银行去开个Roth IRA的CD帐户。不过最近CD rate不高。


yeah, and 30$ a year will be more than what the interest tax benifit. - it's not worth.

it doesn't have to be CD but i will be happy if they allow me the option to put my money in and decide later. to choose fund i will need time to research and then i always end up not doing anything.

i guess the way to go is to find some time and research a few funds and then decide.
wildcrane at 1/12/2009 16:32 快速引用
wildcrane :
WoJian :
wildcrane :
I called them.

My current Roth IRA can only buy Vanguard Mutual Funds.

They said that I have to open a brockage account with minimum of 10,000, and 30 fee a year (1st year waived), and then the Roth IRA can be in this account and then can buy individual stocks, bonds, ETFs, CDS and other non-Vanguard funds.


听起来就象是银行,要你开支票帐户,才给你储蓄帐户优惠。

如果你这部分钱光想着存CD,可以到银行去开个Roth IRA的CD帐户。不过最近CD rate不高。


yeah, and 30$ a year will be more than what the interest tax benifit. - it's not worth.

it doesn't have to be CD but i will be happy if they allow me the option to put my money in and decide later. to choose fund i will need time to research and then i always end up not doing anything.

i guess the way to go is to find some time and research a few funds and then decide.


你钱放进去了,进的cash balance account,不会是没有利息的吧。在申请帐户的时候,他们可能还可以让你选择用哪种saving作为你的cash account的呢。你可以选money market fund.这因为本身是有税上优势的帐户,别选免税的那种fund了。
WoJian at 1/12/2009 16:50 快速引用
wildcrane :
WoJian :

重看了你的第二问,你不是比较Roth与股票,而是问股票还是Bond。这跟你平时的原则差不多的吧,两个都来点喽。

yes, this is after the decision that should contribute to Roth. Someone else agured that Stock is better than bond. I want to see if you agree.

第五点,如果是你喜欢的,就有双重价值了。 happy support 放你首饰柜,还省下了deposit box的钱。
can't liquid though wink

第三点,其实每年只取出退休资金的收入,资金就“last forever”了。不过呢,对活得长的来说,货币贬值是个大问题,眼看着资金和收入不断地事实缩水,生活水平在不断下降。从这个角度来说,房地产是个好投资,房产跟着升值和保值,房租收入也跟着升值保值。就是做地主是件麻烦事。
I agree with you but figured out it's not for me. smile

反正最后还有核大战呢,地球都一塌糊涂了,钱不知道还有没有人认账。所以就别操心这么多了,花了的可能是最值的。


knowing my tax bracket is good - because i didn't withdrew enough and got penalty. i hope last year i paid enough. but i will make sure that this year the withdrew is enough. smile

i am improving right? my financial life is not under control yet, because i haven't really applied much yet.

understanding is the first to go.

Another question:

What to do about the cash? On CDs?


又看了一遍,有点明白你说的withdraw是在说withhold,penalty是说去年你欠税过多被罚款了。所以你做得很对,现在估算税款,如果一旦不够,在1/15以前还来得及做两个行动。一个行动就是在1/15前交纳1040ES预付税,增加预扣税额。另一个行动就是4/15以前反过去多存IRA,算作2008年的退休免税额度,减少应缴税额。在4/15以前,也来得及反过去存2008年的Roth。
WoJian at 1/12/2009 21:00 快速引用
It is not 谷底, there is a long way to go. Obm can talk like omg, but he can not walk on water.

Mathematical analysis shows dollar average is a sub-optimal stradegy for investment. It can serve as a psychologist for investor, but that's it and that's all.

Obm is the biggest threat. Either obm retains common sense and let the losers fall, or he goes insane and let inflation fly. I don't know which direction he takes though, but it should be clear by June this year.

WoJian :

现在比较为难的,就是不知道是否跌到了谷底。但在谷里是没错的,所以我支持定期定额地买进股票或者基金,追求dollar average。当下筛选股票我看要多注意看债务和收帐情况,避免意外倒掉。
xiaoqiang at 1/12/2009 22:45 快速引用
xiaoqiang :
It is not 谷底, there is a long way to go. Obm can talk like omg, but he can not walk on water.

Mathematical analysis shows dollar average is a sub-optimal stradegy for investment. It can serve as a psychologist for investor, but that's it and that's all.

Obm is the biggest threat. Either obm retains common sense and let the losers fall, or he goes insane and let inflation fly. I don't know which direction he takes though, but it should be clear by June this year.

WoJian :

现在比较为难的,就是不知道是否跌到了谷底。但在谷里是没错的,所以我支持定期定额地买进股票或者基金,追求dollar average。当下筛选股票我看要多注意看债务和收帐情况,避免意外倒掉。


替obm着想,我觉得你说的那两个都要做。第一件为难一些,因为要得罪人;第二件容易很多,反正就是花钱,很爽的事情。 Laughing Laughing 做总统干什么呀,不就是帮着国家花钱嘛。

在低于“中线”以后等钱购入,等高于“中线”后等股份抛出,在微量的波动中取得的优势不大,在大幅的波动中的作用还是应该显著的。而且这种计划,在开始的时候就提示了不要一下就把蛋都往篮里放,要按时间曲线diversify。
WoJian at 1/12/2009 23:23 快速引用
wojian太厉害了。 给我们开个补习班吧。
leefd at 1/13/2009 00:07 快速引用
WoJian :
wildcrane :
WoJian :

重看了你的第二问,你不是比较Roth与股票,而是问股票还是Bond。这跟你平时的原则差不多的吧,两个都来点喽。

yes, this is after the decision that should contribute to Roth. Someone else agured that Stock is better than bond. I want to see if you agree.

第五点,如果是你喜欢的,就有双重价值了。 happy support 放你首饰柜,还省下了deposit box的钱。
can't liquid though wink

第三点,其实每年只取出退休资金的收入,资金就“last forever”了。不过呢,对活得长的来说,货币贬值是个大问题,眼看着资金和收入不断地事实缩水,生活水平在不断下降。从这个角度来说,房地产是个好投资,房产跟着升值和保值,房租收入也跟着升值保值。就是做地主是件麻烦事。
I agree with you but figured out it's not for me. smile

反正最后还有核大战呢,地球都一塌糊涂了,钱不知道还有没有人认账。所以就别操心这么多了,花了的可能是最值的。


knowing my tax bracket is good - because i didn't withdrew enough and got penalty. i hope last year i paid enough. but i will make sure that this year the withdrew is enough. smile

i am improving right? my financial life is not under control yet, because i haven't really applied much yet.

understanding is the first to go.

Another question:

What to do about the cash? On CDs?


又看了一遍,有点明白你说的withdraw是在说withhold,penalty是说去年你欠税过多被罚款了。所以你做得很对,现在估算税款,如果一旦不够,在1/15以前还来得及做两个行动。一个行动就是在1/15前交纳1040ES预付税,增加预扣税额。另一个行动就是4/15以前反过去多存IRA,算作2008年的退休免税额度,减少应缴税额。在4/15以前,也来得及反过去存2008年的Roth。


不明白wildcrane为什么“didn't withdrew enough and got penalty”? 是2008之前的年度欠了税所以罚款的吗?2008年度的就算预扣(withhold)少了,也可以在今年4/15之前补交而不会罚款的呀。

如果wildcrane有401k/403b,记得好象一般情况下是不eligible用存IRA的方法减税的(指2009/4/15之前用2008年IRA额度存到IRA账户里)。当然Roth可以随便存,但是Roth不能减2008的税。

不过从因人而异的角度出发,倒是同意wojian的让wildcrane在2009年度增加预扣(withholding)税额的建议,省得到年底她又给吓一跳 狂笑 狂笑 //run..... //
开会 at 1/13/2009 03:50 快速引用
开会 :
WoJian :
wildcrane :
WoJian :

重看了你的第二问,你不是比较Roth与股票,而是问股票还是Bond。这跟你平时的原则差不多的吧,两个都来点喽。

yes, this is after the decision that should contribute to Roth. Someone else agured that Stock is better than bond. I want to see if you agree.

第五点,如果是你喜欢的,就有双重价值了。 happy support 放你首饰柜,还省下了deposit box的钱。
can't liquid though wink

第三点,其实每年只取出退休资金的收入,资金就“last forever”了。不过呢,对活得长的来说,货币贬值是个大问题,眼看着资金和收入不断地事实缩水,生活水平在不断下降。从这个角度来说,房地产是个好投资,房产跟着升值和保值,房租收入也跟着升值保值。就是做地主是件麻烦事。
I agree with you but figured out it's not for me. smile

反正最后还有核大战呢,地球都一塌糊涂了,钱不知道还有没有人认账。所以就别操心这么多了,花了的可能是最值的。


knowing my tax bracket is good - because i didn't withdrew enough and got penalty. i hope last year i paid enough. but i will make sure that this year the withdrew is enough. smile

i am improving right? my financial life is not under control yet, because i haven't really applied much yet.

understanding is the first to go.

Another question:

What to do about the cash? On CDs?


又看了一遍,有点明白你说的withdraw是在说withhold,penalty是说去年你欠税过多被罚款了。所以你做得很对,现在估算税款,如果一旦不够,在1/15以前还来得及做两个行动。一个行动就是在1/15前交纳1040ES预付税,增加预扣税额。另一个行动就是4/15以前反过去多存IRA,算作2008年的退休免税额度,减少应缴税额。在4/15以前,也来得及反过去存2008年的Roth。


不明白wildcrane为什么“didn't withdrew enough and got penalty”? 是2008之前的年度欠了税所以罚款的吗?2008年度的就算预扣(withhold)少了,也可以在今年4/15之前补交而不会罚款的呀。

如果wildcrane有401k/403b,记得好象一般情况下是不eligible用存IRA的方法减税的(指2009/4/15之前用2008年IRA额度存到IRA账户里)。当然Roth可以随便存,但是Roth不能减2008的税。

不过从因人而异的角度出发,倒是同意wojian的让wildcrane在2009年度增加预扣(withholding)税额的建议,省得到年底她又给吓一跳 狂笑 狂笑 //run..... //


你们太 牛 了, 崇拜 死我了。

被罚款有俩个原因:
1。付钱买得tax return software 没有把钱成功寄给IRS, 我糊里糊涂不知道。
2。因为上面的原因才知道有withhold 不够,也被罚款了。

关于2008withhold够了没有我不知道,有可能没有-不会算。近田13号了,可能也来不及了吧?
我是想为明年税收避免罚款作准备的 oops

不过我现在是着去算一算吧。本来以为已经晚了,没想到还有个1月15的说法。

所以我要好好学习麻,你看我多缺乏基本知识啊。
wildcrane at 1/13/2009 10:29 快速引用
Harvard pay check each one is separate, there is no summary as how much i paid cummulative over the year.

Is there a simple formula to caculate?

what is FICA taxable income?
wildcrane at 1/13/2009 10:53 快速引用
问个紧急的问题:

withhold没够多少被罚款?不是100%吧?

刚初步算了一下好像没有交够。
wildcrane at 1/13/2009 10:59 快速引用
wildcrane :
问个紧急的问题:

withhold没够多少被罚款?不是100%吧?

刚初步算了一下好像没有交够。


Tax Rate Single Married Filing Jointly
10% Not over $8,025 Not over $16,050
15% $8,025 - $32,550 $16,050 - $65,100
25% $32,550 - $78,850 $65,100 - $131,450
28% $78,850 - $164,550 $131,450 - $200,300
33% $164,550 - $357,700 $200,300 - $357,700
35% Over $357,700 Over $357,700

这些income 指的是gross income or taxable income?
wildcrane at 1/13/2009 11:03 快速引用
By wojian, it is 1/15, and by Annie, it is 4/15, 到底在什么日起补交没问题呢?


rose
wildcrane at 1/13/2009 11:38 快速引用
wildcrane :
Harvard pay check each one is separate, there is no summary as how much i paid cummulative over the year.

Is there a simple formula to caculate?

what is FICA taxable income?


雇主1月底之前一定要发W2表给雇员的,你到时候看那表就清楚全年的数字了,一张一张paycheck加怎么加得清楚啊

FICA是你交的social security tax & medicare tax
开会 at 1/13/2009 16:28 快速引用
开会 :
wildcrane :
Harvard pay check each one is separate, there is no summary as how much i paid cummulative over the year.

Is there a simple formula to caculate?

what is FICA taxable income?


雇主1月底之前一定要发W2表给雇员的,你到时候看那表就清楚全年的数字了,一张一张paycheck加怎么加得清楚啊

FICA是你交的social security tax & medicare tax


说明很快就会收到了,太好了。

那就是到4月15前还有挽救的机会了?
wildcrane at 1/13/2009 16:53 快速引用
wildcrane :
wildcrane :
问个紧急的问题:

withhold没够多少被罚款?不是100%吧?

刚初步算了一下好像没有交够。


Tax Rate Single Married Filing Jointly
10% Not over $8,025 Not over $16,050
15% $8,025 - $32,550 $16,050 - $65,100
25% $32,550 - $78,850 $65,100 - $131,450
28% $78,850 - $164,550 $131,450 - $200,300
33% $164,550 - $357,700 $200,300 - $357,700
35% Over $357,700 Over $357,700

这些income 指的是gross income or taxable income?


给你个建议,你去学习一下1040EZ表,IRS的网站上有,这个是最简单的表了,不一定适用于你,但是用来学习一些概念是很好的。走一遍这个表,你马上很多问题都清楚了 smile
开会 at 1/13/2009 17:07 快速引用
wildcrane :
开会 :
wildcrane :
Harvard pay check each one is separate, there is no summary as how much i paid cummulative over the year.

Is there a simple formula to caculate?

what is FICA taxable income?


雇主1月底之前一定要发W2表给雇员的,你到时候看那表就清楚全年的数字了,一张一张paycheck加怎么加得清楚啊

FICA是你交的social security tax & medicare tax


说明很快就会收到了,太好了。

那就是到4月15前还有挽救的机会了?


2008的联邦个人所得税大家都是4/15的deadline,你别担心啦。但是也不要procrastinate到最后才搞,一收到W2就搞。

我觉得我见说的1/15不是你这个用途,是going forward的用途。。。
开会 at 1/13/2009 17:10 快速引用
wildcrane :
问个紧急的问题:

withhold没够多少被罚款?不是100%吧?

刚初步算了一下好像没有交够。


欠税超过一千就可能被罚款。一般还要看去年的情况,去年如果不欠,今年超过一千,一般也可以原谅一次。象你去年被罚过了,今年欠的超过一千,很可能就要被罚款了。

1040ES是1/15最后一天。你可以下载一个2008的1040ES表看一下。你现在寄应该算来得及的,他们收到支票credit你的account,不会特别注明晚交了几天。其实你大致估算一下就可以了,多寄点给他们没关系的,反正你一报税就又把钱要回来了。

就是你有了1040ES以后,报税的时候别忘记把这份预交的税填上。
WoJian at 1/13/2009 17:11 快速引用
WoJian :
wildcrane :
问个紧急的问题:

withhold没够多少被罚款?不是100%吧?

刚初步算了一下好像没有交够。


欠税超过一千就可能被罚款。一般还要看去年的情况,去年如果不欠,今年超过一千,一般也可以原谅一次。象你去年被罚过了,今年欠的超过一千,很可能就要被罚款了。

1040ES是1/15最后一天。你可以下载一个2008的1040ES表看一下。你现在寄应该算来得及的,他们收到支票credit你的account,不会特别注明晚交了几天。其实你大致估算一下就可以了,多寄点给他们没关系的,反正你一报税就又把钱要回来了。

就是你有了1040ES以后,报税的时候别忘记把这份预交的税填上。

牛 牛 崇拜 崇拜

我从来没试过欠那么多税的,太老实了 Laughing
开会 at 1/13/2009 17:25 快速引用
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