When an IRA owner dies, there are certain rules about how the money must be given out.
Did the person who owned the IRA die before or after the "required beginning date"?
Who will get the money?
In order to carry...
Reality Check: How many years are left until you're 65?
Getting ready for retirement is important and must start now, no matter how close or far away your retirement is. Figure it out. If you invest at 5% and want to make $10,000, you...
When the phone rang, I was making cookies and cleaning up. As I juggled dish towels, the phone cord, and running kids, the voice on the other end told me that she had been a client of mine more than a year ago. She then told me about her family's...
A Simplified Employee Pension (SEP) plan is set up when an employer signs a SEP agreement and has a certain number of employees who are eligible to have a SEP-IRA account. For an employee to be eligible for the employer's SEP-IRA plan, they must...
Have you heard of an IRA that is not tax-deductible? I'm not talking about the ROTH IRA. I'm talking about a traditional IRA, which is the only choice for many people (for various reasons that make investing in other types of IRAs...
How much money should I put into an annuity?
How much money you put into an annuity will depend a lot on how much you can afford to pay for the premiums that the insurance company will offer. When putting money into an annuity, you...
Roth 401k is a good way to save for retirement. Even though it doesn't give you a tax break right away, when you take money out of the account in retirement, you don't have to pay income tax on it.
This tax benefit is only available to...
As investors, and we are all investors these days, it is important to understand the quirks of the Stock Market pricing data we use to help us make decisions. Investing on Wall Street can be dangerous for people who don't take the time to...
Want to know how much money you'll have in your Roth IRA when you retire?
If you have Microsoft Excel or almost any other popular spreadsheet programme running on your computer, you can use the FV function to estimate how much your Roth...
Many Americans now invest because 401(k)s and other plans offered by their employers make it easy to do so. That's good news, because it's becoming clear that in the future, fewer retirees will have big pensions and more will have to rely on...