Q&A
Asked by Ashley Soto
Answered by Ebrahim Rad
LUTCF , CLTC , MDRT in Woodland Hills, CA
You need to talk with your tax advisor or who ever prepare your tax.
Q&A
Asked by Daniel
Answered by Robert Higgins
Financial Adviser in Charlotte, NC
If they have earned income, they can open a Roth IRA and contribute up to 100% of their earned income up to $5,500, assuming a single filing status. They are presumab...
Q&A
Asked by Karen
Answered by Carlos Contreras
ChFC® in Aventura, FL
Because of the penalties and added taxes created by a withdrawal if you are under 59 1/2 years old, it really is not to your advantage to remove money from the 401(k) ...
Q&A
Asked by Ashley Soto
Answered by Robert Higgins
Financial Adviser in Charlotte, NC
This is a very broad question. Perhaps your perception is true for some industries and not others? The single greatest variable will be expected earnings growth. Pe...
Q&A
Asked by trish
Answered by James L Roberts
Independant Consultant in Lake Worth, FL
Your question was brought to my attention and I am happy to provide what help I can. As a strategic life, entrepreneurship, and wealth consultant, I hear this question...
Q&A
Asked by Debbie
Answered by Michael Gilbert
Financial Adviser in San Diego, CA
You can setup just about any type of plan and fund them when you have the money to. For example you can setup an Individual 401(k) and fund it at any point during the ...
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 Beverly
Answered by James Kinney
Financial Adviser in Bridgewater, NJ
There is no shortcut to doing a thorough financial plan. Sure, there are rules of thumb, such as spend no more than 4% of your assets per year in the first year of re...
Q&A
Asked by Elaine
Answered by Michael Gilbert
Financial Adviser in San Diego, CA
Your first step should be to check with your employer to see if they have a retirement plan in place. i.e.401(k). SEP, or Simple plan. These plans allow you to save fo...
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...
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