Q&A
Asked by an anonymous user
Answered by Steven Etimos
Insurance Agent in West Islip, NY
Insurance Agent in West Islip, NY
To answer your question correctly one would
need additional information such as your age,
are you employed and if so does your employer
offer a retirement plan. As for...
Q&A
Asked by mkmimi
Answered by Donald Laymon
Financial Adviser in Bonaire, GA
Financial Adviser in Bonaire, GA
A 702j retirement plan is a retirement
strategy that uses a life insurance contract
to fund retirement. These are also sometimes
referred to as Life Insurance Retireme...
Q&A
Asked by ajthib
Answered by Darius Slade
Health Services & Management in Richland, WA
Health Services & Management in Richland, WA
Hi Ajthib, you ask an interesting question.
First, I'm thinking you are asking about
spousal retirement benefits. If so, you must
be at least 62 to file. However, f...
Q&A
Asked by Jonathan
Answered by Alberto Foster
Insurance Representative in Bethesda, MD
Insurance Representative in Bethesda, MD
That depends on where you are in your working
life cycle.
You two should be saving
7-10%.
Q&A
Asked by an anonymous user
Answered by Michael Zaino
President & CEO, TZG Financial in Charlotte, NC
President & CEO, TZG Financial in Charlotte, NC
Such a tricky question! It really depends on
what's most important to you. Renting is
typically cheaper than owning, which should
free up additional cash flow during y...
Q&A
Asked by an anonymous user
Answered by Kendrick Walker
Mortgage Professional in Santa Rosa, CA
Mortgage Professional in Santa Rosa, CA
Hello. This is an unfortunate situation, but
one that can potentially be resolved. I would
highly recommend locating a licensed and
experienced broker/lender who could...
Q&A
Asked by John Cole
Insurance Agent in Indian Trail, NC
Insurance Agent in Indian Trail, NC
Hello John,
One of your questions points
to the face amount (the death benefit) and the
other points to the cash accumulation. These
two different elements of your...
Q&A
Asked by knorman1969
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 rvferfun
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
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...
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...
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