Q&A
Asked by Carla
Answered by James Biasotti
Financial Adviser in Roseville, CA
Depends if it is a defined Benefit (like a pension) plan or a defined contribution plan? (like a 401(k)). Either way you should be able to get your money. More common ...
Q&A
Asked by an anonymous user
Answered by James Biasotti
Financial Adviser in Roseville, CA
Some of the laws recently change in the last month with approval by Congress of the "Bipartisan Budget Act of 2015" . Because you are already over full retirement age ...
Q&A
Asked by Goudreaum
Answered by Ronald Omar Flores
Membership Consultant/ Financial Consultant in Alviso, CA
Hello Goudreaum, The answer to your question is There ARE many of them. The first thing you need to search them to government consumers website like BBB and etc. Li...
Q&A
Asked by Steffanie
Answered by Michael Hoffman PRO+
RFC, CLU, ChFC in Grass Valley, CA
Hi Steffanie, a SEP is an employer sponsored retirement plan. It is called "Simplified" because it uses a plan document that provides for limited options in terms of ...
Q&A
Asked by Carla
Answered by Michael Hoffman PRO+
RFC, CLU, ChFC in Grass Valley, CA
Hi Carla, if your medical expenses also created a disability, then a distribution from the 401(k) may avoid the 10% penalty if you are under age 59 1/2. The ways tha...
Q&A
Asked by Erin
Answered by Jeffrey Oberg
Financial And Insurance Advisor in Millbury, MA
Erin, your first RMD (required minimum distribution) from an IRA must take place by April 1 of the year following the calendar year in which you reach age 70½.. For ea...
Q&A
Asked by Alec
Answered by Justin Klein
Registered Investment Advisor (RIA) in Dana Point, CA
It is always worth paying down as much as you can. Every dollar you pay down is an automatic return on investment of the amount of interest you are paying. Therefore...
Q&A
Asked by Erin
Answered by Kevin Mcclain
Financial Adviser in Tacoma, WA
Sorry Erin, but the answer is no. Contributions would need to be made in a different IRA.
Q&A
Asked by Erin
Answered by Jeffrey Oberg
Financial And Insurance Advisor in Millbury, MA
Erin, your options will depend on a number of things, such as your relationship with the original IRA owner and that person's age. Your best bet is to talk with a fina...
Q&A
Asked by an anonymous user
Answered by Justin Klein
Registered Investment Advisor (RIA) in Dana Point, CA
There are many types of bonds and safe is a relative term. Not all bonds should be treated equal. The longer term the bonds are the more they will be affected by r...
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