Q&A
Asked by toliver
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Toliver.
At 70 1/2 years old, a
traditional IRA has RMD's (Required Minimum
Distributions) that may be due.
What
reasoning did this person use when telling
you ...
Q&A
Asked by an anonymous user
Answered by Jim Sorenson
Mortgage Professional in Kirkland, WA
Mortgage Professional in Kirkland, WA
There is no simple answer to your question as
there are many factors that come into play. It
will come down to your own personal needs and
goals. A few things to think...
Q&A
Asked by c.desmond11
Answered by Larry Gilmore
Insurance Agent in Marysville, WA
Insurance Agent in Marysville, WA
The way to think of a traditional or Roth IRA
is like a shoebox. It's what you put inside
these boxes - that can be a fixed-rate
investment product or a variable-rate...
Q&A
Asked by loganjoker2017
Answered by Eric Olsen
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
The Social Security Administration has a link,
you can find it here, that should help answer
this question for you. A social security
disability attorney in your area...
Q&A
Asked by Angela
Answered by Michael Zaino
President & CEO, TZG Financial in Charlotte, NC
President & CEO, TZG Financial in Charlotte, NC
That’s a BIG question, and one that is
impossible to answer as a blanket statement
for the masses, as each individual’s situation
is unique. It depends on multitude of...
Q&A
Asked by an anonymous user
Answered by Karl Leonard Hicks
CFP® in Riverside, CA
CFP® in Riverside, CA
The simply answer to your question is no. To
make contributions to an IRA an individual has
to have W-2 income.
The follow-up question
is what benefits are you att...
Q&A
Asked by an anonymous user
Answered by Lars Larsen ChFC®
Financial Planner in Burlingame, CA
Financial Planner in Burlingame, CA
You might find numbers floating around out
there with how much you should have saved at a
certain age. While that may be helpful as a
guide, the reality is that everyo...
Q&A
Asked by Bill
B
Answered by Bill
Since nobody has answered, let me offer one.
There are three alternatives:
(1) sell
the pension benefit (or take a lump-sum payout
in lieu of the pension) and u...
Q&A
Asked by Patricia
Answered by Karl Leonard Hicks
CFP® in Riverside, CA
CFP® in Riverside, CA
The best way to answer this question is to
request a Benefits Estimate from social
security. You may go online to their website
(www.ssa.gov) and request a statement o...
Q&A
Asked by DJON
Answered by Lars Larsen ChFC®
Financial Planner in Burlingame, CA
Financial Planner in Burlingame, CA
In theory, you can retire at any age. However,
the real question is: should you?
In order to
answer your question, I highly recommend you
consult with a financial adv...
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