Q&A
Asked by Lynn
Answered by Tracy Scott Burke
CFP®, ChFC® in Harrisburg, PA
CFP®, ChFC® in Harrisburg, PA
Hi Lynn,
Rebalancing your 401(k) is a good
idea. As an example, assume your 401(k) has
an initial asset allocation of 50% stocks/50%
bonds. If the stock market do...
Q&A
Asked by Katie
Hi - stock options are contracts offered to
employees as compensation incentives - "work
hard and stay here - you will be rewarded".
Briefly, a stock option gives you...
Q&A
Asked by Erin
Answered by Prateek Mehrotra
Financial Adviser in Appleton, WI
Financial Adviser in Appleton, WI
Bonds work a bit differently than Stocks. As a
Bond owner you will receive periodic interest
payments that are generally fixed and the
principal amount at maturity. Th...
Q&A
Asked by Edna
Absolutely. You need to think about what
would happen if you cannot make decisions for
yourself. Go to a good estate planning
attorney and get a living will, power o...
Q&A
Asked by Kathleen
-
Upvote 36
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Answered by Dan Crimmins
Financial Adviser in Woodcliff Lake, NJ
Financial Adviser in Woodcliff Lake, NJ
Kathleen - It is great that you are saving for
your retirement. The difference between a
Roth IRA and a traditional IRA is when the tax
is due. When you contributed...
Q&A
Asked by John
Answered by Barry Rabinowitz
Financial Adviser in Plantation, FL
Financial Adviser in Plantation, FL
There is a big difference. A 529 has special
tax rules, whereby if the funds are used for
tuition, laptops, etc, all growth can be
withdrawn income tax free.
Also, in...
Q&A
Asked by Burfurple777
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Trends are constantly changing. Do you have
any experience? A social proof?
Prediction
is very difficult, especially if it is about
the future
--Niels Bohr
Q&A
Asked by christinadiez
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hello Christina, with only "37 work points" or
less than 40 credits you are not eligible for
social security retirement. Given needing
only 3 additional credits, I re...
Q&A
Asked by Carla
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hi Carla, This is a really good question. The
short answer is no. Why? Unemployment
benefits are not from working. However, your
social security may reduced your un...
Q&A
Asked by an anonymous user
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hello Anonymous,
With 10 yrs or more of
marriage, a spouse is eligible for spousal
benefits. If you are eligible for social
security retirement under your own work...
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