Bill Minter

Comments

• You stated... "Leave it (Roth) as inherited and they have to start pulling money out once the deceased spouse would have reached RMD age". My mother has an "inherited" Roth IRA from my father, who passed away at age 91. I have been drawing down those funds to pay for her long term care expenses, instead using her own Roth IRA. My question is, should I be following the Single Life Expectancy Table for my 95 year-old mother to be in compliance with IRA regulations? Thanks.

  Post: Widow’s IRA Choice

  Link to comment from September 14, 2026

• Welcome to the Repatha Club. Even with commercial insurance, it can be pricey. Make sure you go to the Repatha website to get their copay card. When I started, it was $5/month (two doses), but now I believe it is $25. You will never have it so good. Once you get on Medicare (as I am for the past 2+ years), plan on paying the maximum annual $ permitted under the Plan D catastrophic limit ($2,100 this year). FDA has recently approved a pill form of the compound (by Merck), so we can all look forward to no more twice-a-month thigh jabs. Hope your LDL's plummet as mine have, and keep doing what you can control.... a healthy lifestyle.

  Post: On Being a “Healthy” Person

  Link to comment from September 8, 2026

• Bill P. , You note..."Our purpose of the TIPS in the Roth is a guaranteed, inflation-protected income stream for the surviving spouse when either my spouse or I dies." My spouse and I are doing the same within our Roth accounts. Might I ask how you set your TIPS up.... A rolling ladder? A collapsing ladder? Time period? Thanks, Bill M.

  Post: Traditional or Roth

  Link to comment from September 1, 2026

• That will be interesting for someone who has a Treasury Direct personal account, an account in their business name, and an account owned by their trust.

  Post: TreasuryDirect changing login procedure to mandate ID.me later in 2026

  Link to comment from August 15, 2026

• So, based on your response to what I shared, I shouldn't even receive an invoice from Medicare for Oct.- Dec. On my SSA account webpage, it states that my application has been approved, but I will not receive a letter until closer to my claiming month.

  Post: Preparing for SS at Age 70….. How Do I Transition to Monthly Part B Premium Deduction?

  Link to comment from August 15, 2026

• There is are the iShares iBonds Defined Maturity TIPS ETFs that have allowed us to easily build a 10-year rolling TIPS ladder (currently offering IBIC through IBIM) that we plan to use to supplement our SS benefits. It makes up 25% of our bond sleeve and are in our tax deferred accounts.

  Post: Better Alternatives to Buying an Annuity

  Link to comment from June 10, 2026

• As I prepare to begin withdrawals to meet my RMD requirements in about three years, I have turned off the "reinvest dividends and capital gains" and now have those flowing into my Fidelity core cash account. In about a year I will have those available for QCD's, if I choose, or continue to allow that cash account to accumulate from which I will take my RMDs (for expenses or QCDs). For me, it provides psychological comfort knowing I will not need to decide what assets to sell to meet my annual RMDs.

  Post: Slow on the Draw

  Link to comment from May 9, 2026

• My understanding is that this non-itemizer charity deduction really functions as a "below the line" (does not affect AGI) deduction. AI seems to affirm that understanding... "However, this new deduction is somewhat unusual: it is widely described as “above the line”, but under the One Big Beautiful Bill Act it does not reduce AGI itself; it reduces taxable income after AGI is calculated, functioning like a universal charitable deduction layered on top of the standard deduction. So in practice for 2026:

  • Traditional charitable deductions for itemizers are below the line.
  • The new non‑itemizer charitable deduction is labeled “above the line”, but technically operates after AGI in the computation of taxable income."

  Post: 2026 Charitable Contributions

  Link to comment from February 9, 2026

• Bill P., I have been given check writing privileges on my Fidelity tIRA which I will be using to make my QCDs when eligible >4/27/27. They also can be used for RMDs when I turn 73, but I will not likely use them for that purpose. My concern is that Fidelity will have no idea when they clear the check whether it is for a QCD, or whether it is a normal taxable distribution. So the question arises for me.... If Fidelity sends me a 1099-R with no code Y, but I tell FreeTaxUSA that it does have a Y code, will I run into trouble with the IRS? Bill M.

  Post: Checks and Balances

  Link to comment from January 27, 2026

• Maybe that's why my immigrant Grandfather Forsythe would claim that he was proud to be a Scot because of his country of origin, and he was proud to have been a successful businessman because he was so "scotch".

  Post: Financial Wisdom from the Scottish Bard

  Link to comment from January 26, 2026