Questions on Opacity, Keyframes, and the Timeline Indicator

I'm editing a simple titles clip and want to adjust it's opacity, moving the opacity up and down based on the clip underneath. When I select the keyframe it shows up 5-6 frames (maybe more) ahead of the timeline indicator. Is that normal? Shouldn't the keyframe show up right at the point the timeline indicator is placed? Since it shows up in the wrong place if that's normal do I just move it where I want it and make the adjustments?
Inquiring mind that needs to learn....
Inquiring mind that needs to learn....