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 an anonymous user
Answered by James Biasotti
Financial Adviser in Roseville, CA
Financial Adviser in Roseville, CA
Some of the laws recently change in the last
month with approval by Congress of the
"Bipartisan Budget Act of 2015" . Because you
are already over full retirement age ...
Q&A
Asked by Goudreaum
Answered by Ronald Omar Flores
Membership Consultant/ Financial Consultant in Alviso, CA
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...
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 ...
Q&A
Asked by Erin
T
Answered by Tim
Like many things in life . . . it depends. If
you have an actual defined benefit pension
account, you would be looking at moving it to
some other pension manager, and...
Q&A
Asked by Carla
Hi Carla, if your medical expenses also
created a disability, then a distribution from
the 401(k) may avoid the 10% penalty if you
are under age 59 1/2. The ways tha...
Q&A
Asked by Karen
Answered by Carlos Contreras
ChFC® in Aventura, FL
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 Darius Slade
Health Services & Management in Richland, WA
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 Daniel
Answered by Robert Higgins
Financial Adviser in Charlotte, NC
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 Leslie
Hello Leslie,
Short version: yes, your
policy is still the same.
More detail: when
life insurers stop selling life insurance for
a number of reasons (such as when...
Ask a pro a question
Have your question answered by a professional