Q&A
Asked by smittylov
Answered by Darius Slade
Health Services & Management in Richland, WA
Hi Smittylov, your question is a good one. Those applying for social security retirement that were born 1960 and later, reach full retirement age at 67. Thus retiring ...
Q&A
Asked by an anonymous user
Answered by Rene Nourse
Certified Financial Planner in El Segundo, CA
Absolutely! Just be aware that since you will be using tax free dollars to pay the premium, you can not claim the premium as a deductible expense on on your tax return.
Q&A
Asked by Ben Roussel
Answered by David Meyers
Financial Adviser in Palo Alto, CA
The glib answer is simply that you could put in less. For example, if your marginal tax rate was 25% and you put $1,000 pre-tax into the 401(k), your taxes would go d...
Q&A
Asked by stevenjsexton10955
Answered by Michael Zaino
President & CEO, TZG Financial in Charlotte, NC
If I were in your shoes, I'd have to look at it in these terms... If you wait and pay all of your bills first and then see if there is anything left over to save or...
Q&A
Asked by ioweinie
Answered by William Buss
Investment Adviser in Woodland Hills, CA
The first step is prepare a financial plan to define your goals, your current financial picture, your comfort zone, and what risks to your current finances exist.
Q&A
Asked by knorman1969
Answered by Kirby Thomas PRO+
Online Life Insurance Comp in San Diego, CA
Hello knorman1969. Let's assume that you have not started to invest at all up to now but you can see the need for it and you also have the ability to do so now. Th...
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Certainly, I can answer this one. In a nutshell, there are 4 solutions. These are the 3 Financial Planning solutions: 1) Increase your time, i.e wait another 20 y...
Q&A
Asked by gracie
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Gracie. Are you needing to invest this yourself or do you need someone to invest it for you? As a starting point (use your own numbers here): A $100k portfolio...
Q&A
Asked by beverlycrousept
Answered by Jeremy Bryant
Senior Financial Consultant & Financial Educator in Charlotte, NC
The answer to you question is no. Being a borrower of any kind is not going to effect your eligibility for disability. Social Security Disability is dependent upon ea...
Q&A
Asked by rvferfun
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi, Thanks for your service. I am USN retired. We have retirement property in NC. Near the Parkway. . So, I'm biased on this being a good idea. There are lots of v...
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