IRA

Guide  

Guide  

Q&A
Asked by Justin
Answered by Larry McClanahan, CFP®, ChFC, CASL, CLU, EA
Fee-Only Retirement Planner & Investment Manager in Clackamas, OR
Hello Justin, A SEP is a form of IRA generally used by self-employed individuals and small businesses for retirement savings. While you may take a withdrawal (calle...
Q&A
Asked by Henry
Answered by John Cole
Insurance Agent in Indian Trail, NC
I like annuities and life insurance. 401k's and IRA's can be a good investment but to be honest there's too many hidden fees in those products. In today's economy in r...
Guide  

Guide  

Q&A
Asked by an anonymous user
Answered by Viviana Bigolin
Financial Adviser in Alta Loma, CA
Call me to discuss, My number is in my profile.
Q&A
Asked by Angie
Answered by Pamela J. Horack, PRO+
CFP® in Lake Wylie, SC
Hi Angie! While I'm not exactly sure of the employer's intent based on your description, it sounds like he may have contributed to a SEP IRA for employees. This is a t...
Q&A
Asked by Ms MM Davis
Answered by Kim Miller PRO+
CFP® in Redmond, WA
Hi - First off, you don't want to borrow money to pay your taxes. - that is a near sure road to an unhappy outcome. Secondly, you cannot borrow against (use as collat...
Q&A
Asked by an anonymous user
Answered by Phillip Christenson
CFA in Plymouth, MN
You can have both but you can only contribute a maximum of $5,500 (2015) in total to all of your IRAs. This means you could do $2,000 to a Traditional and $3,500 to yo...
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