Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi,
Are you using the cash within the IRAs
as a down payment?
Check with your IRA
custodian. Is this a self-directed ROTH IRA?
The ERISA regulations can be challe...
Q&A
Asked by kim
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Kim,
You've come to the right person
with this one. Are you looking for cash-flow
or growth? Everyone's situation is different.
Here are some insights from what...
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Anonymous,
Most every major brokerage
can add check writing to your IRA account. If
Self-directed is offered (some do not offer
this), it should have no specific...
Q&A
Asked by Jonathan
Answered by Charles Scott
Financial Advisor in Scottsdale, AZ
Financial Advisor in Scottsdale, AZ
Jonathan, To answer your question completely I
would need a bit more information, but a 75%
employer match would make your pre-tax 401(k)
contribution look like a good...
Q&A
Asked by Erin
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Erin,
First, check with your CPA and/or
tax advisor. The IRS has strict rules for
RMD's. Can you elaborate on how you are
treating the Inherited IRA? If you are...
Q&A
Asked by Michael
Answered by Joshua Koch
Financial Adviser in Lehighton, PA
Financial Adviser in Lehighton, PA
HI Michael! I typically ask the question, Are
you taking the RMD because you want to, have
to, or need to? Your specific situation will
determine where these dollars s...
Q&A
Asked by an anonymous user
Answered by Saul Simon
Financial Planner in Edison, NJ
Financial Planner in Edison, NJ
No you cannot, a Roth is not deductible
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
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...
Q&A
Asked by Kiiyana
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
If you are younger than age 59½, the funds you
take from your IRA is subject to being
included in gross income as well as a 10% tax
penalty. There are certain exceptio...
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