Q&A
Asked by Derrell
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Derrell
IRS rules prohibit putting your
RMD into another tax-advantaged retirement
account. Have you considered converting the
remaining portion of your traditiona...
Q&A
Asked by Cortland
It may be more helpful for you to think of it
as cash flow: "Every month Uncle Sam makes a
pension deposit and a Social Security deposit
in my bank account of $XX and...
Q&A
Asked by Theresa
If you haven't started yet, it will be way
more than you want to. What are your likely
monthly expenses in retirement? Start with
that and work backwards - a compoun...
Q&A
Asked by Brett Lyle
Brett, the key to your answer is in your
question, "long term". Any investment or
savings decision should be weighed against
your particular risk tolerance. In very...
Q&A
Asked by Dennis
Interesting question, however, the use of 529
plan assets - tax-free - are narrowly defined
and financing costs are not one of them. For
example, you cannot use 529 p...
Q&A
Asked by Mary
Hi -
The annual gift tax exclusion allows you
to give $14,000 per year to any one person
without filing a gift tax return. A married
couple who "join" in the gift ca...
Q&A
Asked by Per
Hi - ETFs and mutual funds are similar in
their objective: gaining investment exposure
to a specific segment of the stock or bond
markets or to the markets as a whole....
Q&A
Asked by Michael
Michael, there are many passive options for
real estate investments that will relieve you
from the 3 terrible T's (Tenants, Termites and
Toilets). If you have a taxa...
Q&A
Asked by an anonymous user
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Upvote 17
- |
Check out Investopedia.com. There are many
many websites with free info on investing
techniques. Good luck!
Q&A
Asked by Alan
I would suggest you review this link to the
IRS and also consult your accountant
http://www.irs.gov/Retirement-Plans/One-Partic
ipant-401(k)-Plans. It is a 401K plan ...
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