Nacho Mendez Ⓜ️

Computer geek, dad, sailor, triathlete, recovering marathoner, horrible fantasy sports player, attorney, Winged Beaver, Camel, Gopher.

[Spencer Hakimian @SpencerHakimian]

8D Chess

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@darkchemist29 @Truegreta Have you ever owned a pool? What color did you paint the bottom? A dark color will help heat the water. A light color requires more heat from the electric water heater. This is not a debate....

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@darkchemist29 @Truegreta Yes, that is why people wear dark colors in hot climates. Everyone knows that keeps them cooler longer.

Now back to the actual scientific world.... Dark colors absorb light and retain heat. Light colors reflect light and don't retain heat.

[Boston Smalls @smalls2672]

This needs to be played everywhere 24/7

[Nacho Mendez Ⓜ️ @NachoInMPLS]

Question of the day. Unreal that they won't answer that.

[Aaron Rupar @atrupar]

NESTERAK: President Trump has granted clemency to numerous individuals who have stolen hundreds of millions in Medicaid funds. Can we expect any of these folks to be shown the same mercy?

McDONALD: I'll take a different question

[Aaron Rupar @atrupar]

NESTERAK: President Trump has granted clemency to numerous individuals who have stolen hundreds of millions in Medicaid funds. Can we expect any of these folks to be shown the same mercy?

McDONALD: I'll take a different question

[Decoding Fox News @DecodingFoxNews]

Yesterday a few folks pointed out that Trump has changed major details about his reflecting pool project since he announced it in late April. I've created a video with graphics that point out how much he's lied about it. This includes edits of longer rambling statements.

[Stew Peters @realstewpeters]

MARCO RUBIO: “The goal of the war in Iran is now to return it to how it was before Trump started the war.”

Unreal.

[Matthew Cappucci @MatthewCappucci]

MONDAY, April 13 will feature a legitimate tornado/BIG hail risk across the Twin Cities and Upper Midwest! Minnesota, Wisconsin and northern Iowa – pay close attention!

We'll have a low pressure center near Brookings lifting a warm front north. Multiple rotating supercells are likely to form along the warm front, perhaps between Watertown, Minneapolis and Green Bay, Wisconsin.

Cells on the warm side of the front (south) will pose the risk of a couple tornadoes, and perhaps an isolated significant EF2+ tornado. If supercell(s) can latch onto the warm front, they'll gobble up extra low-level helicity (spin) and rotate even more.

Any thunderstorm cells, including those on the cool side of the boundary, may be able to produce large, destructive hail. A couple instances of baseball-sized hail are possible. (If you live in Minneapolis, perhaps consider parking your car in the garage or beneath a carport *just in case*).

I'm noticing a lot of dry air at the mid-levels of the atmosphere, which helps to allow supercooled water droplets to stick onto growing hailstones, making them bigger. Plus temperatures get chilly FAST as one climbs higher into the atmosphere.

This could be a locally significant severe weather episode where storms track, BUT it won't be widespread. Only a couple storms will form. However, those that do will likely be intense.

[Nacho Mendez Ⓜ️ @NachoInMPLS]

Does this mean we have to give back their president? #wbc #worldbaseballclassic

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@PGATOUR2K yup. What you got?

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@pepsi I love pepsi

[Nacho Mendez Ⓜ️ @NachoInMPLS]

Been a long time print subscriber, but the move of printing to Iowa and the crazy early lid on scores will almost certainly end that. No scores/stories for games that start at two or later? C'mon. @StribSports and @StarTribune

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@HarryNiska @Tim_Walz I'm going with Walz is not running? Seems like an easy question.

[Nacho Mendez Ⓜ️ @NachoInMPLS]

The @Vikings need to do the right thing here. And fast.

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@JROZAY1042652 @outsidewide @KFAN1003 @Vikings You are an idiot.

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@HarryNiska @GovTimWalz Harry, Did you check whether this is true before attacking MN again?

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@HarryNiska Awesome! Now do Trump.

[Mark Cecchini, CFP® @markcecchini]

COMMANDER: We’re fighting for freedom. And part of that freedom… is the freedom to retire with dignity. So we’re going to start accounts called 401(k)s.

SOLDIER 1: What’s a 401(k)?

COMMANDER: It’s a retirement account. You put money in, it grows tax-free, you take it out when you’re old.

SOLDIER 2: So I don’t pay taxes on it?

COMMANDER: Well, you pay taxes later. When you withdraw.

SOLDIER 2: So it’s not tax-free.

COMMANDER: It’s…tax-deferred.

SOLDIER 2: What’s the difference?

COMMANDER: You pay taxes later instead of now.

SOLDIER 1: What if I want to pay taxes now?

COMMANDER: Then you do a Roth 401(k).

SOLDIER 3: What’s a Roth?

COMMANDER: You pay taxes now, and it grows tax-free.

SOLDIER 2: That’s what I thought the first one was.

COMMANDER: No, the first one you pay taxes later.

SOLDIER 1: Which one’s better?

COMMANDER: Depends on your tax bracket in retirement.

SOLDIER 1: …How would I…know that?

COMMANDER: You don’t. You just guess.

⸻

SOLDIER 4: What if I don’t have a 401(k) through my employer?

COMMANDER: Then you open an IRA.

SOLDIER 4: What’s the difference?

COMMANDER: One’s through your job, one’s on your own.

SOLDIER 4: Can I have both?

COMMANDER: Yes.

SOLDIER 4: Should I?

COMMANDER: Maybe.

SOLDIER 3: Can I do a Roth IRA?

COMMANDER: Only if you make under a certain amount.

SOLDIER 3: What’s the limit?

COMMANDER: Changes every year.

SOLDIER 2: What if I make too much?

COMMANDER: Then you do a backdoor Roth by putting it in a Traditonal first.

SOLDIER 2: …Is that legal?

COMMANDER: Surprisingly, yes.

SOLDIER 1: What’s a backdoor Roth?

COMMANDER: You contribute to a traditional IRA, then convert it to a Roth…but watch out for “pro rata”.

SOLDIER 1: Why wouldn’t I just contribute to the Roth directly?

COMMANDER: Because you make too much money.

SOLDIER 1: But this way I can?

COMMANDER: Yes.

SOLDIER 1: That feels like a loophole.

COMMANDER: It is. But the IRS is cool with it.

⸻

SOLDIER 5: I just changed battalions. What do I do with my old 401(k)?

COMMANDER: You roll it over.

SOLDIER 5: Into what?

COMMANDER: An IRA. Or your new 401(k). Depends.

SOLDIER 5: On what?

COMMANDER: The funds. The fees. Whether your new plan accepts rollovers.

SOLDIER 5: What if I just take the money out?

COMMANDER: You’ll pay taxes plus a 10% penalty.

SOLDIER 5: What if I’m 59?

COMMANDER: Penalty.

SOLDIER 5: 59 and a half?

COMMANDER: No penalty.

SOLDIER 5: …The half matters?

COMMANDER: The half matters.

⸻

SOLDIER 3: What’s a mega backdoor Roth?

COMMANDER: Okay. So. Your 401(k) has a limit of how much you can contribute.

SOLDIER 3: Right.

COMMANDER: But the total limit including employer contributions is higher.

SOLDIER 3: Okay…

COMMANDER: So if your plan allows ~after-tax~ contributions, you can put in more, then convert that to Roth.

SOLDIER 3: Does my plan allow that?

COMMANDER: I don’t know. You have to ask Betsy.

SOLDIER 3: Will Betsy know?

COMMANDER: Probably not.

⸻

SOLDIER 2: Can I deduct my IRA contribution on my taxes?

COMMANDER: Are you covered by a retirement plan at work?

SOLDIER 2: Yes.

COMMANDER: Then only if you make under a certain amount per year.

SOLDIER 2: What’s the amount?

COMMANDER: Depends if you’re married.

SOLDIER 2: What if my wife has a plan but I don’t?

COMMANDER: Different limit.

SOLDIER 2: What if neither of us has a plan?

COMMANDER: Full deduction.

SOLDIER 2: So it’s better to not have a 401(k)?

COMMANDER: No…

⸻

SOLDIER 1: Can I just keep my money in a sock?

COMMANDER: You could. But inflation will slowly destroy it.

SOLDIER 1: What’s inflation?

COMMANDER: (sighs)…

[Nacho Mendez Ⓜ️ @NachoInMPLS]

@HarryNiska C'mon Harry. You're better than this.