Q&A
Asked by Kira Hamoudeh
I am a disabled mother of 3 taking care of my disabled mother. Is there any way for me to get ahead?
Answered by Darius Slade
Health Services & Management in Richland, WA
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 Robert Henderson
AAMS® CDFA® in Mystic, CT
AAMS® CDFA® in Mystic, CT
The Social Security Leveling Option can make
sense in certain situations. However, there
can be some drawbacks to using the Social
Security Leveling Option. Obviously,...
Q&A
Asked by Per
Answered by Chance Barrett
Financial Adviser in Kalispell, MT
Financial Adviser in Kalispell, MT
Great question. First, I would say it depends
on your Risk Tolerance and Time Horizon. If
you are able to handle bigger fluctuations in
your account and have some time...
Q&A
Asked by Carla
Answered by James Biasotti
Financial Adviser in Roseville, CA
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 William
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Mint.com is the site recommended most often
(see our article about Mint). Other good
options are Due.com, Quicken, Geezeo.com, and
YNAB (You Need a Budget).
Q&A
Asked by Erin
Erin,
You are asking about “substantially
equal periodic payments” under Internal
Revenue Code Section 72(t) which allows one to
take distributions from your IRA pre ...
Q&A
Asked by Carla
Answered by James Biasotti
Financial Adviser in Roseville, CA
Financial Adviser in Roseville, CA
Yes, if you are under full retirement age
which depends on the year you were born. For
2015 Under Full Retirement Age (FRA) $1 of
benefits withheld every $2 in earning...
Q&A
Asked by Elaine
Answered by Michael Gilbert
Financial Adviser in San Diego, CA
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 Beverly
Answered by James Kinney
Financial Adviser in Bridgewater, NJ
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 Steffanie
Hi Steffanie, a SEP is an employer sponsored
retirement plan. It is called "Simplified"
because it uses a plan document that provides
for limited options in terms of ...
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