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  • in reply to: Kollel Couple Moving to Israel. What BANK to use? #2236597
    bestcpa
    Participant

    Capital One has Credit Cards that don’t charge foreign transaction fees. I heard TD Bank has good rates when using an Israeli ATM.

    in reply to: what does a din torah cost? #2122424
    bestcpa
    Participant

    Free @ least at

    בית דין צדק גבעת המורה
    Overview
    Beth Din Givas Hamorah is a rabbinic court that adjudicates civil disputes between Jewish litigants who agree to be bound by Orthodox Jewish law as laid down in Shulhan Arukh Hoshen Mishpat and its glossators. Marital transactions such as marriage, divorce, yibbum and halitzah may also be executed in our court. Our court consists of a panel of three dayyanim (justices) drawn from a pool of over 20 rabbanim who are Talmudic scholars by profession and experts in Jewish law. In accordance with halakhah (Jewish law) and in order to preserve the integrity of halakhic jurisprudence, our beth din provides all its services absolutely free of charge. Moreover, our beth din will not accept any payment, donation or gift from anyone utilizing our services. Our beth din was founded in order to address the abuses and inefficiencies of most other major bate dinim, such as the endlessly drawn-out litigation process designed to exploit and maximize a profit from litigants. Furthermore, we are the only beth din who fully comply with the rule that hanotel sekhar ladun dinav betelim: whoever takes recompense to adjudicate, his judgements are null.

    in reply to: Propane gas Portable Matza Oven in NYC #1656188
    bestcpa
    Participant

    Haimy, Do you remember if you had a stone floor in your oven?

    in reply to: IRA…Traditional or Roth?? Stock trade or mutual funds? #707752
    bestcpa
    Participant

    Hi, The choice if you should pick a Roth IRA or Traditional should be based on your needs and tax rate. Over the long term studies show there may not be a big difference because in both cases you pay taxes on the money.

    To illustrate: If someone is in the 20% bracket and has $100 and earns 20%. In a Roth IRA he would invest $80 and pay immediately $20 taxes and after earning 20% percent he would have $96. If he would put away the $100 in a Traditional IRA he would invest $100 earns $20 he would pay $24 in taxes and still end up with $96.

    Reason to pick Roth over Traditional IRA.

    Reason to pick Traditional IRA

    In general people are in a lower tax bracket when they retire.

    Roth IRA may become taxable by an act of Law. We just seen changes to the Education IRA HRA Account where more money became Taxable.

    Two odd reasons to USE IRA Account to invest

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