Favorite team:LSU 
Location:Baton Rouge, Louisiana
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Number of Posts:1099
Registered on:3/3/2010
Online Status:Not Online

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re: 401k Question - Spock
Dude, stop worrying about hours. They match up to 5% of whatever your before tax pay is. So you should at the least contribute 5% of your paycheck to your 401k. Example - you make $2,000 on one paycheck. You will have 5% of your own money put in your 401k ($100) and you company will put an equal...
Posted on Money Talk
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re: What to do about a horrible 401k - Spock
Well OP said they were already maxing out his wife's 401k and 2 IRAs already. Where do you suggest he put his money?...
Posted on Money Talk
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re: What to do about a horrible 401k - Spock
[quote]Without any match, I don't see any reason not to open your own investment account[/quote] Really? Even without a company match, it is still advantageous to contribute to a 401k (Roth or Traditional) over a fully taxable investment account....
Posted on Money Talk
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re: What to do about a horrible 401k - Spock
Jesus these are some horrible responses. Even at 1.35%, the tax savings on a 401k are way better then investing in taxable accounts. Since you're already maxing out your other tax advantaged accounts I would say to just continue contributing to your 401k. It's obviously not worth quitting your job a...
Posted on Money Talk
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re: The Great Flood of 2016: Fill Out Disaster Forms NOW. Link Inside! - Spock
http://waterdata.usgs.gov/la/nwis/uv?site_no=07380101 Any thoughts on why it looks like Bayou Manchac has stopped rising? Just a reading error?...
Posted on O-T Lounge
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re: The Great Flood of 2016: Fill Out Disaster Forms NOW. Link Inside! - Spock
[quote]Is there anyone that lives in this area that can tell us what the water is doing?[/quote] My road goes north off of 42 into Bayou Manchac. Water is currently rising and shows no sign of slowing down. I'm on the high point of my street and raised about 1.5 feet. I've never been concerned ab...
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re: Forming an S Corp. Cheapest way to do it? Benefits vs LLC? - Spock
[quote]But he was saying i need to set it up with a lawyer. I cant do this on legalzoom or something for a few hundred bucks? [/quote] I've never been through the process, but you can form a LA LLC online for like $100 or so and the election to be treated as an S Corp is literally filing one for...
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re: Forming an S Corp. Cheapest way to do it? Benefits vs LLC? - Spock
You can form an LLC and then elect to be treated as an SCorp. The two aren't mutually exclusive. You get the legal benefits of an LLC (limited liability), while having the tax benefits of being treated as an S Corp (pay yourself a salary to reduce self employment tax). I would sit down with a CPA...
Posted on Money Talk
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re: Game of Thrones S6:E1 "The Red Woman" BOOK READERS - Spock
[quote]there is a scene in the season trailer where she is naked and riding Asha/Yara[/quote] That's not her....
Posted on Movie/TV Board
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re: Indiana just banned the abortion of fetuses with Down Syndrome - Spock
[quote] Pro-choice here. It is a move to discourage abortion in general. Death by a thousand cuts. Repubs want to do away with welfare, but make abortion illegal. fricked up party, IMO.[/quote] I've been on Reddit, too....
Posted on Political Talk
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re: What do you think LSU was ranked first and last in this season? - Spock
[quote]Ranked First: Rushing attempts against defense on first down [/quote] That just means that we had the most attempted rushes against us on 1st down while WE were on defense....
Posted on Tiger Rant
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re: Canidae Dog Food - Spock
I exclusively feed my dogs this... http://www.canidae.com/dog-food/grain-free-pure/dry/pure-elements-lamb Not sure if related, but I have a 9 year old boxer that still runs around with the younger dog all the time....
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re: Help picking best mortgage option - Spock
The PMI ended up being lower than I thought @ $79/month, which is why I'm having trouble deciding....
Posted on Money Talk
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Help picking best mortgage option - Spock
I'm buying a $270k home and putting 10% down and the loan officer has basically given me 2 options for the mortgage: - Conventional 90% loan at 4.00% - would have to pay PMI until I reach 20% equity in the house. From my calculation, it seems like that would be sometime in 2020 (could be wrong, ...
Posted on Money Talk
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re: Dividends and taxes - Spock
Are you talking about a 401(k)? If so, then the dividends are not taxable....
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re: FAQ: How Can I Watch LSU Baseball Games This Season? UPDATE - Spock
I'm not having any luck on my Xbox One. Not showing up on the ESPN app and there doesn't seem to be an SEC app in the Xbox store....
Posted on Tiger Rant
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re: Explain the child tax credit to me - Spock
[quote]It's $1,000, correct? [/quote] Yes, $1,000 per child. With certain income limitations. It starts to phase out at $100,000-MFJ & $75,000-Single. [quote]Also, this means that if I owe $500 in federal taxes, then I should receive $500 instead of owing anything, right? It's a tax cred...
Posted on Money Talk
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re: Kiddie Tax Question - Spock
No. Only amounts over $2,000 are subject to "kiddie tax."...
Posted on Money Talk
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re: A World of Ice and Fire (book) comes out today - Spock
[quote]dude can right 30000 pages of backstory but cant finish the actual damn story[/quote] He didn't write this book....
Posted on Movie/TV Board
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re: My wife quit her job/1099R - Spock
What's in box 2a of your 1099? Should be 0 if it's non taxable. You will still receive a 1099 even though none of it is taxable. ...
Posted on Money Talk
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