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Good news for reverse mortgages
Buried in the new Housing and Economic Recovery Act is some very good news for seniors whose main asset is the family home. The new law makes it easier and less expensive for seniors to access the cash value of their homes on a tax-free basis through a reverse mortgage. And it expands the amount that can be borrowed.
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Read Terry's Column About Living Benefits Annuities
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What is the best option for rolling all my retirement funds into one fund?
Q: I’m (finally) going to rollover all my retirement funds into one fund. I have the most money with CitiStreet through my last employer. They are suggesting I roll the money over into a managed account containing mostly Fidelity products but also two Vanguard products and a T. Rowe Price product. The cost for managing the account is about 0.85 percent annually.
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Grow old along with me, the best is yet to be, the last of life for which the first was made.
Robert Browning |
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goldengateway.com
Learn everything about reverse mrotgages, plus you can compare offerings and project costs with their unique online calculator.
www.FDIC.gov
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