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 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 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 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 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 Ashley Soto
Answered by Darius Slade
Health Services & Management in Richland, WA
Hi Ashley, I found this link for you to the IRS. I hope you find it helpful. Darius
Q&A
Asked by an anonymous user
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
If you are 62 or older and have a decent amount of equity in your home you could do a reverse mortgage and eliminate your mortgage payment all together. Then you only...
Q&A
Asked by an anonymous user
Answered by James L Roberts
Independant Consultant in Lake Worth, FL
Many of us in the financial services arena are frequently asked question like this as though a secret universal product or strategy existed that would resolve anyone's...
Q&A
Asked by Kira Hamoudeh
Answered by Darius Slade
Health Services & Management in Richland, WA
Hi Kira, I'm guessing what you mean by "to get ahead" is financially? Social Security serves as a social safety net. Because you and one child receives some type of ...
Q&A
Asked by an anonymous user
Answered by Steven Etimos
Insurance Agent in West Islip, NY
To answer your question correctly one would need additional information such as your age, are you employed and if so does your employer offer a retirement plan. As for...
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