Q&A
Asked by an anonymous user
Answered by Kim Miller PRO+
CFP® in Redmond, WA
I don't see anyone here mention that collecting SS @ 62 and continuing to work will cause a takeback of the SS benefits. For every $2 of earnings over the threshold o...
Q&A
Asked by Greg
Answered by Kim Miller PRO+
CFP® in Redmond, WA
Hi - It depends on how your 401k is set up if you can even buy individual stocks. Most 401k plans allow only choices from a menu of mutual funds. Many large emplo...
Q&A
Asked by an anonymous user
Answered by Alex Bentley PRO+
Financial Adviser in Pacific Palisades, CA
I actually believe in many cases that investing in very low cost index funds on a fully taxable basis yields better results than investing in an annuity. The reason i...
Q&A
Asked by an anonymous user
Answered by Kim Miller PRO+
CFP® in Redmond, WA
Hi - You will need to check with the Administrator of the 401k plan to determine your options regarding a hardship withdrawal - not all 401k plans allow hardship with...
Q&A
Asked by Jim
Answered by Michael Hoffman PRO+
RFC, CLU, ChFC in Grass Valley, CA
Jim, You may want to defer taking Social Security until later (age 70) if you do not need the income now. Your benefits will increase by as much as 25%. In addition...
Q&A
Asked by yancy
Answered by Pamela J. Horack, PRO+
CFP® in Lake Wylie, SC
Hi Yancy! It pays to take a look at what your employer plan offers. On the plus side, the money comes out of your paycheck automatically, so it's super easy. You can c...
Q&A
Asked by lisa
Answered by Christopher Nesbitt
Insurance Agent in San Clemente, CA
This is an excellent question, Lisa, and one which more 27-year-olds should be asking, especially since there are no guarantees that Social Security will be there for ...
Q&A
Asked by Warren
Answered by Walter Ramos
Insurance Agent in san jose, CA
You have made the right decision on funding a Roth. however, consider contributing to an emergency fund in a Mutual Fund or Money Market account. Further, procure to b...
Q&A
Asked by an anonymous user
Answered by Kate Holmes PRO+
CFP® in Las Vegas, NV
Hello! Unfortunately, there isn't a one-size-fits-all answer but I'll provide some guidance to help you decide. If your 401(k) has a company match, you should abso...
Q&A
Asked by Robert
Answered by Michael Hoffman PRO+
RFC, CLU, ChFC in Grass Valley, CA
A 401k is an employer sponsored plan and the guidelines for employee investments are limited by the plan. If you really want to invest in real estate and it is not an...
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