So we opened (taxed) traditional IRAs and Roth converted them

We decided to do this both for DH and for me this year.  With the tax bill, I got very worried about whether or not I’d be able to keep both the 403(b) and 457 contributions, so I figured we could do this for me too, not just DH.

It was super easy.  Like, there was a button on the Vanguard website.

Here’s the process:

  1. Set up a link between our credit union and DH’s Vanguard account.  Wait a day for them to transfer pennies and then take them back.  They actually transferred the money without us saying how many pennies there were, but eventually DH had to fill in that information on the account.
  2. Wait a while because we got busy and weren’t paying attention.  Then tax bill stuff happens which reminds us we should really do something about this.
  3. I send DH the link on how to turn a traditional IRA into a Roth IRA in Vanguard.
  4. We ponder how DH got more than $5 in interest while we were being lazy when we get like 16 cents a month from our Wells Fargo account with more money in it.
  5.  DH reads through it and says, “we just need to press a button”.
  6. Turns out since DH doesn’t have a Roth IRA on his Vanguard account (his is still in etrade) that he has to create a Roth IRA account first.  But then he can press the conversion button.
  7. Wait a day for it to convert.
  8. I’m like, hey, I should do this too.
  9. I transfer money to Vanguard (my account is already linked)
  10. The next day I press the button (I already have a Roth IRA at Vanguard)
  11. I decide to put all $5,505.35 in DH’s account into VANGUARD TOTAL INTL STOCK INDEX FUND ETF (VXUS) because I feel like his account needs more broad-based international exposure.  I have to put a limit order on this because their # of shares calculator rounds, so either I get 97 shares or I need to wait until the price drops to get 98 shares.  It’s on a downward trend, so I set a limit order for 60 days.  The limit posts the next day.
  12. I decide that dealing with an ETF is kind of pain, so I choose the Index version for my account even though the fees are higher.  This means I just say I want $5,500.38 worth of index fund shares (man those money market funds may not be FDIC insured, but they sure do rack up the pennies).  I intend to put in another 5,500 in January and then get the Admiral funds expense ratio instead of the regular funds rate, assuming that this is still allowed in the coming year.  (By the time this posts, we will know.)  The trade is executed the next business day (Monday).

So all of that was pretty easy.  If you have a lot of money in traditional IRAs it isn’t as easy at tax time, but we converted all our traditional IRAs into Roths back when these conversions were first allowed.  I’ll let you know at tax time if I missed anything important.

P.S.  Given the tax bill and its limited property tax deduction, we opted to not to bunch our property taxes.  I paid the other half of this year’s property taxes before the end of the calendar year.


Some anonymous spending polls for Christmas :)

For the family member ones, pick the person or people you would consider to fill that role (ignoring DNA unless you don’t want to ignore DNA).

Each one of these is a separate poll, so you’ll have to click the vote button for each one.  Sorry!

What are we getting for people this year?

My sister said she wanted a chef’s knife and a paring knife, so after some conversation, we got her a santoku (Shun), a paring knife, and an electric knife sharpenerThis post of ours really helped me!  I don’t know what DC1 is going to give her this year, but DC2 has been working really hard on a 4 plate pixel hobby with 8 ballet dancers on it (DC1 gave my sister a pixel hobby with a pair of ballet slippers on it at about the same age).

Sadly, the bookstore in my mom’s town just went out of business (as did the Barnes and Noble a few years back), so either I get her a giftcard to someplace half an hour or more away, or she gets an Amazon giftcard.  Aha!  I realized that she’ll be staying at my sister’s around Christmas, so I can get her a card she can use at the half price books near my sister’s place.

For everyone else it has been harder!

MIL:  She started an amazon list this year!  Woooo!  When DH found that out (on the phone on Thanksgiving while trying to pump her for any hint of what she could possibly want) his stress level visibly dropped 75%.  We popped through and got a bunch of “Nanarelated merch (I guess replacing her previous Green Bay Packers theme?) as well as a number of hard-boiled mystery novels.  (My mom runs more towards cozy mysteries, DH’s prefers the tougher stuff.)

FIL:  Now that FIL is retired, he’s spending more time hunting.  Plus he’s making sure there’s plenty of game on the plot of land he inherited from his parents.   So in addition to the Cabela’s giftcard we usually send him, we’re also sending a highly rated game cookbook.

BIL1:  DH is waiting for a game to go on sale so he can get a copy for his brother and his cousin both.  (I assume we’ll also be sending a check to the cousin, but I don’t know for how much yet.)

SIL1:  It is always a pleasure to shop for SIL1 because she has an up-to-date amazon wish list!  And she puts cool things on it!  And she has great taste in books!  This year I’m adding the Secret Casebook of Simon Feximal and KJ Charles’ regency series.

Cousins 1 and 2:  The younger has been learning braille, so we got her a subscription to the children’s braille book of the month club.  (It is pretty heavily subsidized, so we added on a donation.  What a great program.)  This is the first time we’ve known what to get hir!  For the older we’re getting the dragonbox complete math pack and big numbers which is too new to be in their complete math pack.  (Usually we also buy books for their oldest, but he’s already got most of what our DC1 likes.)

BIL2 and SIL2: This one was hard this year.  The past few years there’s been a good excuse to just write a check (a new house purchase, saving for a house, babies, paying off wedding debt, etc.) but this year none of that has been recent or immediate.  When DH tried to pump SIL2 for information on the phone, she was non-committal and said she’d update her amazon wishlist, which she always says and rarely does.  DH suggested not exchanging gifts among the adults with her nuclear family, but apparently she demurred.  I wish he’d just asked her straight up about checks vs. giftcards, but he didn’t.  We do have a bunch of $5 off amazon luxury beauty products and she does have a $20 foundation from 2014 on her list– we could get her that and the pair of $14 earrings from 2014 but that’s literally all that is on her list right now, other than a bunch of size 0-3 month onesies and diapers that will probably not fit either her rising 3 year old or her 5 year old.  [Update:  We got her the foundation and the earrings, and then a little over a week later she actually did update her list so we got her one of the books on teaching she wanted and now we are 100% done with holiday shopping other than that one game that DH is taking care of and stocking stuffers.  Yay.]

Cousins 3 and 4:  SIL did ok us buying books again for her kids (given how many toys everyone gets from the grandparents).  For the older one (about the same age as our DC2), we got Magic Treehouse and Magic School Bus books and the Magic School Bus chemistry kit.  For the younger one, ladybug girl, the Country Bunny and the Little Gold Shoes, Elephant and Piggie books, and Beautiful Oops.

For someone who likes art and lives in Milwaukee

What are you getting for peeps this year?

Our annual charitable giving page

Time to get those charitable ducks in order, especially if you’re not going to be able to itemize under the new tax laws next year.

This year is probably a good one to do the Donor Advised Fund.  We’ve opted not to just because we want more flexibility right now with so much uncertainty, but your situation may be different!

Planned Parenthood : They need us more than ever before

RAINN :  help people impacted by sexual violence

CAIR :  Help Muslim victims of prejudice

Donors Choose (though, to be honest, I think the wobble chairs everyone in my [not poor] town wants are expensive and a waste of money– but there are a lot of teachers in lower income districts that want books and pencils and math supplies)  Note:  I am incapable of clicking on this without donating something.  I am such a soft touch for learning.  Ugh, #2 just sent me another link I had to fund.  Stahp!

WNDB:  We need diverse books!

ACLU :  One of the things standing in between us and fascism :  Helps political actions to fund public, school, and college libraries

EFF (the Electronic Frontier Foundation) seems pretty relevant right now

Emily’s List:  Help pro-choice women Democrats get elected to office!

Previous posts:  2016, 2015, 2014, 2013, (we have a couple posts in 2012 on charity, but I’m not finding a holiday one), 2011, 2010

Grumpy Nation:  Link us up to your favorite charities!

Stuff we’ve really enjoyed having this year

(besides books, though KJ Charles rocks!)

I love this teapot I got for my Birthday last year.  It is so easy to use and to clean, and it makes the right amount of tea for when you want, you know, a pot instead of just a mug.

Although you should probably not gift this to anyone, this home laser hair removal thing  has been fantastic.  I barely need to pluck my chin anymore at all (with the exception of a few white hairs that laser won’t get) and it’s been a few weeks since I’ve done even a touch-up with the laser.

I still really like my moleskin weekly planner, even though everyone else has switched to Google Calendar.

This Solo travel bag I got myself has been perfect for overnight travel without having to take a roller-bag.  For those who cannot part with the roller-bag, one of my colleagues swears by these packing cubes and will be getting them for almost everyone on her list this year.

This amazing lamp was everything I wanted and more!

DH loves this little pocket pen.  It is pretty clever.

Our in-laws love this ice cream scoop we got them, although it is not dishwasher safe.

#2 enjoys watching her DH play the latest Assassin’s Creed game.

Here’s a previous post on little things that just work.  I still get a lot of pleasure from using a high quality pencil sharpener.

What stuff has been “sparking joy” for you over the past year?

Thoughts on the children’s Xmas haul this year

  • Our brothers and sisters in law spent less on our kids this year than in previous years.  This is a good thing.  Maybe next year we’ll also spend less on them (we spent about $50/kid, mostly on books), but probably not because I love picking out and buying books.
  • We spent Christmas at the in-laws’ this year, which means we opened presents there.  MIL is going to end up spending a ton to send the presents home.  I don’t really know of any way to suggest just letting amazon send the bigger stuff directly to us so she doesn’t have to do that.  But also she probably likes watching everybody open gifts.  And presumably she doesn’t want cousins to feel like they’re being treated differently.  But there are so many gifts that I’m not sure anybody notices.
  • DC1 got a Nintendo DS.  And since DH had mentioned earlier that it was probably too expensive for hir to take to school given the number of times DC1 has lost hir cheap flip-phone (that thankfully nobody wants to steal, so it has been recovered each time thus far), DC1 also got a Kindle Fire.
  • The problem of DC2 getting the same gifts as hir slightly older same-gendered cousin is getting worse.  And we couldn’t just confiscate those gifts either (for the most part) because DC2 saw them at Christmas and MIL is planning on taking them out of the packaging before sending.  Putting on the wish list what DC2 was into in general terms didn’t help much.  Zie got some stuff related to that, but still got lots of stuff zie isn’t interested in that hir cousin likes.  Nor did it help to say explicitly on the amazon list that DC2 wants what DC1 gets (though my mom paid attention to that and got both of them rubix cubes!)  One of the items was so bad that I actually did take it to MIL and tell her we couldn’t accept it– it had crossed a line (I didn’t say it like that though, it was more like could you give this to hir cousin, we don’t really approve of this show).  I know it’s easier to keep things even across grandkids if she’s getting the same stuff for them, but maybe she could match hir up with the opposite-gendered kid who is about the same age instead of the older same-gendered kid?
  • So we’re still struggling with what to do about our in-laws bounty, particularly for DC2.  They still get DC1 really cool stuff even if they’re over-generous (mostly things that hir somewhat younger cousin already owns and loves).  They did get some of the things off the amazon list for the children, but in the end my mom ended up buying most of it just before Christmas.  And that stuff, along with the stuff we got hir, has gotten a lot more playtime out of it.  DC2 just really isn’t into the same things hir same-gender older cousin is into.
  • One thing that did happen that I’m embarrassed about… I was talking to BIL about presents, I can’t remember what about exactly, as we were going up the stairs, but I mentioned that DC2 seemed to get the same stuff as his kid, and he said, “that’s good because they like the same stuff” and I was all, “well, not really, DC2 is really into what DC1 is into.”  At which point we turned the corner and saw my MIL.  So, uh, maybe this will resolve itself?
  • Why can’t the cousin be as into Bubble Guppies (and other gender-neutral stuff) as DC2 is?
  • Sometimes getting the same gendered stuff for both cousins works… DH’s sister got them both a gendered-craft kit that they both loved and spent many hours working on.
  • DC1 may have gotten all the cousins addicted to Batman.

Link love Eve

There’s still a lot of horrible stuff in the news.  Donald Trump, apparently doesn’t celebrate the holidays.  Or rather, he celebrates them by increasing the probability of nuclear war.  But we have given up on sending each other links about such things this week.  Please do, however, click on the Activism tab, sign up for any one of the weekly newsletters or find an action group in your area, and if you can, talk with friends and family about what you can do and what they’re doing going forward.  Our combined actions will make a difference and every step we take has a positive probability of saving lives.  It can be scary and I know my DH is dreading bring up politics with his family because sometimes it is hard to do the right thing, but we all need to do the right thing as best we can.

Texas (illegally) kicks planned parenthood out of Medicaid

Treating people with respect


toxic, toxic masculinity in rural white men (whatta shock I know)

News organizations are so important.

nightmare fuel

in memoriam

bonus points for misunderestimate

Preschool is good for society?

higher priced majors => more financial aid => better representation of disadvantaged students


only if you move

Walking dresses


mouseover has a heartwarming story

stress and memory

escapetop five?



Seems like making the last mortgage payoff might not be as easy as writing the final check.

I want this, preferably filled with cherries and marzipan.

Fibonacci poem!

should not exist

Just for a tiny bit of joy, here’s a repost of a favorite Christmas post.



Also, for your enjoyment, a soliloquy from earlier this week:

I want more presents
like the order I bought for myself but it isn’t coming until Wednesday
we don’t have anybody picking up packages for us while we’re gone :(
so I am glad the order is taking less time than usual
I feel like I have become an IM advertisement for nuts.come except they’re not paying me!, the only place I know you can get dried dragonfruit, now with free holiday tin! home of delicious indian snackfood, where you can try bizarre superfoods you’ve never heard of
also they have these fruit gummies that are made out of actual fruit, they’re really really good but also just as bad for you as regular gummies,  so DH wanted to get some, but I was like, DH, the first ingredient is sugar.  Like, they take actual strawberries and shoot them up with the stuff fruit gummies are made out of.  They’re like frankenberries or zombieberries something like that unnatural [ed: embalmed mummy berries?], yet what gummy fruit wishes it could be. Also not as pretty as fruit-snacks because there’s no artificial coloring. /en fin