IRA
Guide
Three Biggest Mistakes in IRA Rollovers
If you are considering rolling over your traditional IRA — 401(k), 403(b) or other retirement plan — from one account to another or from one...
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Upvote 0
Q&A
Asked by Michael
Answered by Barry Rabinowitz
Financial Adviser in Plantation, FL
Financial Adviser in Plantation, FL
The law is that you must take RMD at age 70
1/2. You should get a statement from your
broker, and based on 12-31 balances of the
prior year, the amount you must withdraw.
Q&A
Asked by an anonymous user
Answered by Dustin Javier
CFP® AWMA® CERTIFIED FINANCIAL PLANNER™ in Bartlett, IL
CFP® AWMA® CERTIFIED FINANCIAL PLANNER™ in Bartlett, IL
Great question. By "max out" I am assuming
you are contributing the full $18,000 per year
if you are under 50yo.
One way to get
funds to a Roth IRA is through th...
Guide
Guide
IRA Choices: Roth vs. Traditional
It's never too late or too early to think about your retirement. One of the most common and effective retirement savings options is an indiv...
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Upvote 1
Q&A
Asked by jeanellwoodruff
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi jeanellwoodruff,
Was your spouse taking
RMDs before he passed? Here is a link to the
IRS worksheet for calculating your
RMD:
https://www.irs.gov/pub/irs-tege/u...
Q&A
Asked by toliver
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Toliver.
At 70 1/2 years old, a
traditional IRA has RMD's (Required Minimum
Distributions) that may be due.
What
reasoning did this person use when telling
you ...
Q&A
Asked by tkels1
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi there,
Great question. They are both
very popular plans.
The Education IRA is
now called a A Coverdell Education Savings
Account (ESA).
On 529 plans or col...
Q&A
Asked by c.desmond11
Answered by Larry Gilmore
Insurance Agent in Marysville, WA
Insurance Agent in Marysville, WA
The way to think of a traditional or Roth IRA
is like a shoebox. It's what you put inside
these boxes - that can be a fixed-rate
investment product or a variable-rate...
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