Q&A
Asked by an anonymous user
Answer these questions first: is this house my
long-term retirement home? Would this house
make a good rental property? If the answers
are "no", then don't pay off th...
Q&A
Asked by Angie
Hi Angie! While I'm not exactly sure of the
employer's intent based on your description,
it sounds like he may have contributed to a
SEP IRA for employees. This is a t...
Q&A
Asked by Kamie
Answered by John Cole
Insurance Agent in Indian Trail, NC
Insurance Agent in Indian Trail, NC
Why settle for a 6% return when you can get a
400% return ?
Q&A
Asked by Steffanie
Answered by Stephen Hartel
MBA, AIF in Denver, CO
MBA, AIF in Denver, CO
Steffanie:
The truth is that being
self-employed actually gives you MORE ways to
save for retirement. The method(s) you choose
will depend on various factors such a...
Q&A
Asked by Heather
Answered by Dennis Gibb
Financial Adviser in Redmond, WA
Financial Adviser in Redmond, WA
Hi Heather, There are a number of options
open to you. First are the IRAs (
traditional, Roth, SEP). The traditional and
the SEP allow you to contribute money which...
Q&A
Asked by Chrisitna
Answered by Shane Terry
Financial Adviser in Carlsbad, CA
Financial Adviser in Carlsbad, CA
Hi Christina - First congratulations on
considering enrollment in a 401k. Far too
many people choose not to take advantage of
the multiple benefits offered in 401k's....
Q&A
Asked by Chrisitna
Answered by Michael Minter
Financial Adviser in Tampa, FL
Financial Adviser in Tampa, FL
Always take advantage of the Match your
company is providing you. This is FREE money,
so what whatever your company is matching you,
make sure to contribute the maxim...
Q&A
Asked by Yvette
Answered by Stacy Marcus
CDFA™ CFEI™ in New York, NY
CDFA™ CFEI™ in New York, NY
Yvette, I hope you received qualified
professional tax and financial planning advice
when you made the decision to roll over your
401(k) into an annuity. The terms an...
Q&A
Asked by Tina
Answered by Robert Henderson
AAMS® CDFA® in Mystic, CT
AAMS® CDFA® in Mystic, CT
Absolutely. Although it may seem
counter-intuitive, one of the best times to
invest is when the stock market is down. This
allows you to buy more shares of stock and/o...
Q&A
Asked by Chelsey
Answered by Richard Eddy
Financial Adviser in La Verne, CA
Financial Adviser in La Verne, CA
The correct answer to this question is as
unique as you are, but here are some general
guidelines. It makes good sense to fund your
401(k) plan up up to the company ma...
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