The biggest value of Frank Wilson are his ties to the New Orleans high schools. He was a high school coach in New Orleans long ago and is almost an elder statesman in that coaching fraternity. Evidently, all the New Orleans high school coaches and player families trust him tremendously. Even in...
It's a classic lump sum vs annuity question to me. There is a net present value to that $54M dollar payout, so that is what the real argument is about. Depends on what you assume for the rate of return.
My understanding is that there really is no lump sum buyout like the Jimbo Fisher contract with A&M. LSU is just on the hook for paying $54M over the next 6 years at about $800K per month. Also, BK has to be looking for a job during that time, and if he takes any job, that salary is subtracted...
This is unfortunate. I have had mixed results with Fidelity reps when it comes to tax implications. Unfortunately, the pro rata rule may make your backdoor Roth IRA contributions not very attractive moving forward. Again, if you have the opportunity, check with your employer's 401K plan and see...
As a general statement, this is incorrect. It depends on the employers plan. I have done this myself with my employers 401K plan at Fidelity for a similar reason as the original post. In my case though, I had a traditional IRA with after-tax contributions, so I only had to roll over part of...
If I understand this correctly, you have a traditional IRA that you use to backdoor contributions to your Roth IRA, and you also recently got a roll-over IRA from your old 401K plan and that rollover IRA has pre-tax dollars in it. I believe you are correct that the pro-rata rule will apply...
I have lived in the Portland area for about 30 years, so I have probably hit most of the tourist spots over the years. Most of the posters have mentioned the major stops, but I'll add my comments
As for day trips, there are really three big ones. You can do a trip out to the coast. I tend to...
If I win this thing, I am not donating the prize again. I expect some Ely's seasoning under the XMAS tree.
Actually, this is going to get complicated depending on how you count wives and family members not named "Agostinelli". Not sure if I have the right count now.