August MM Randoms

[ohgillian]

@sameoldstory, that sounds totally overwhelming. I'm sorry. :/

[ohgillian]

Aug 4, 2023 10:15:17 GMT -5 sahara78 said:

Aug 1, 2023 8:46:09 GMT -5 ohgillian said:

- I just took over being Treasurer for my Girl Scout troop from someone who hates banking and isn't money minded. Given that, she really did a fine job and I'm grateful she did it for 3 years, but OMG the state of the books and the randomness of her spreadsheets.

- I have an HSA at Health Equity, where investment options are limited to a set list of funds. I'm wondering about moving my $ out to something like HSABank where I can invest in whatever, but it's an active HSA so I would have to move the contributions out on a regular basis or at least a few times a year and I don't know if it's worth the hassle. Right now I have everything thrown into a Vanguard 2055 Target Retirement Fund.

- Anyone else here in a defined benefit pension plan? I know they're rare and I'm lucky to have one, but sometimes I get stressed out by all the "you have to max out your 401k" talk. Our pensions will pay out about 55% of our final income, and we've saved a ton for retirement on top of that, but we aren't maxing and sometimes I feel bad.

I also have a Health Equity HSA. Late last year I opened an HSA with Fidelity to have more investment options. I’ve been doing quarterly “partial transfer out” transactions using the HE online portal. Now that I have all the info (Fidelity address required me calling them), it takes less than 5 minutes each time. Hope that helps!

Sorry to bump a really old thread, but sahara78, can you tell me more specifically how you're doing the "partial transfer out" on the Health Equity site? I can't seem to find this anywhere.