Gail in Virginia

I hope your son continues to succeed in college as he has in high school. Athletic and smart - what a combination!

Fantastic! I have always believed that a person who can read well can succeed at anything!

:bday:

I haven't yet, but I will! :wacko:

:bday:

Thank you for your service, and my prayers are with the families of those who gave the ultimate sacrifice for our country. .

Catherine, these are beautiful pictures! Thank you so much for sharing, and I look forward to some more after Thanksgiving, please!

A belated to you!

A belated to you!

:bday:

My archive disk arrived today!

:bday:

I also worked the polls yesterday, as I have for several years. In the brief time we had between rushes, we discussed how privileged we felt to live in a democracy, particularly one where we do not feel intimidated or harassed when we vote. I like Catherine's comment, and heartily recommend throwing the old rascals out when they become rascals. I was thrilled by the high turnout we had in our precinct yesterday.

A bank teller is bonded, however,and is employed by a bank which is extremely regulated and licensed, at least in theory. Someone pays for that bank teller's bond, and for the regulatory compliance that the bank goes through. Very few professions are completely unregulated and unlicensed any more. Even tradesmen such as HVAC mechanics, plumbers, electricians, etc. are now require to have continuing education in the state of Virginia in addition to a license showing that at one time they passed a test proving their competence to practice their chosen profession. Why shouldn't tax preparers have at least the same professional standards as your average barber (who may also be passing out tax advice....) The major difference I see is that this is being regulated on a federal level rather than a state level.

:bday:

There is no limitation on moving the IRA funds more than once a year. The problem is that you can't have more than one rollover per year - the other moves must be direct transfers. If he actually had possession of the money the second time and rolled it over, you may not have an IRA any more. He may have a distribution.

:bday:

I try to get my clients to discuss transactions that have tax implications with me before they complete the transaction. For that reason, I hate to tell them to go talk to their agent about how something like this works when the agent may be more interested in other aspects of the deal than the tax implications. However, I must admit that I do not like having to deal with insurance products - combining tax regulations with insurance regulations is just more regulation than I want to have to deal with. This gives me a mental block when it comes to insurance, and is something I feel like I need to work on overcoming. I just finished dealing with a client who made two rollovers in one year. He feels that the banks that he dealt with should have made sure he knew that he couldn't do that. But I am the one that had to deal with the tax problems this caused, and he is the one that is paying for the tax problems it caused. Had he talked to me first, this could have been avoided with a direct transfer in place of one of the rollovers. That is why I think NECPA is right to help her client with this before it gets to be a tax problem.

When did he actually get the high-deductible health insurance policy? If he had that in July, I would think that funding the HSA in October would be okay and he could pay those medical bills with the HSA funds. Or did he just now change insurance to a high-deductible policy that allows HSA contributions. If so, he might have over-contributed for this year anyway since the limit will be prorated for the number of months he had the high-deductible policy. At least, that is my understanding but I am not an expert on these policies.

I took the test when it was paper and pencil, so my experience probably would not help you. Good luck!

:bday:

I have looked at the Kindle, Nook and the Sony E-reader. I keep hoping that they will settle on a standard format so that if I buy a Kindle, I can download books from Barnes and Noble if I choose, and so forth. However, at this point in time they are each proprietary and I have been unable to decide between them. Therefore, I have downloaded the BN app to my Blackberry and use it for an e-reader. It is not ideal, because the screen is much smaller than that on a true e-reader. However, it does mean that I only have to carry one device because I am going to carry a phone anyway. I believe I could also download Amazon's reader for Blackberry but I have not done so yet although I have both of them installed on my computer. The books are fairly reasonable and prices seem to be very comparable between the various readers for the books. There are quite a few books that are free on each reader. Barnes and Noble does have two features that are, I think, unique. You can read any e-book for up to an hour each day at no charge while you are in a BN store. Also, they allow you to share the books you purchase with other Nook owners on a temporary basis. I would be interested to know what you decide. I am still on the fence.

:bday:

:bday:

:bday: