Ask Terry Archives

My late father in law invested heavily in Publix, a private grocery store. (It used to be open to parents and siblings of Publix employees.) The stock has grown into many millions of dollars, and that's the good news. He left his estate to his wife who is now 93 years old and in fair…

I read Bob Dyer's 518/17 column in the Akron (OH) Beacon Journal. He mentioned that you have created a four-page "financial organizer" that is free on your website. I was unable to locate it. Can you please provide the link? Thank you.

My husband's 401K is managed by a company his firm has engaged. We think they have done a pretty good job and are always available to sit down with us and answer questions. As we get closer to retirement, we would like an independent fiduciary to give us a second opinion and help us make…

Hi Terry, Where can I get a free credit score rating? Thanks for you help!

Hi Terry. Could a reverse mortgage be used for a second residence? We have most of our extended family here in the Chicago area. But our adult children live in California. We are 62 and may be grandparents within the next couple years. I was wondering if it makes any sense or if it even…

I have a stock retirement pension plan with my previous company and I was wondering if the dividends from the plan are taxed at the same rate as regular income. I am retired now and collecting social security.

What are some good options to move my investments into, if adjusting my money out of stock funds. I have moved some into european real estate funds. Would bond etfs be a good option? What other options would you recommend? Thank you

We are a couple in our late 70"s and have several SERIES E U.S. SAVING BONDS that are at the 30 year maturity date each month now., MY questions are (1) should we cash in these bonds even though they have not all fully all matured ,and pay the taxes on the interest ,(2) if…

Hello Terry - I need to take out a federal student loan for my graduate degree and I have been unable to find the answers to the following questions: 1) Is there a sample of the loan documents available for me to read before I sign up for the loan? The information I have found…

so do you have info for me to know if this knowls recommended by Jordan Goodman has had any bad issue reputation

As a self employed uber driver how much money should I put aside to cover federal, state, social security and Medicare. I don't want to come up short. Thank you

Rolling over an ira from my old job into my new job's deferred comp, I was asked if I wanted the funds liquefied then into a check to my new job. My question, wouldn't that have to be taxed and why would they suggest that.

HOW DO I BUILD MY CREDIT SCORE WITH NO CREDIT HISTORY.

I have a 401.k with my employer is it better to have this money in my IRA. I'm 57

I own a home in Illinois and would like to move to AZ for the winter. I can afford to purchase a house there, but would I be better off financially to rent. My purchase price would be 150 - 170 K And rentals would be about 1400. a month on a year round basis.Thanks

Ms. Savage, In regard to the fiduciary rule discussed in your June 12, 2017 article, I was wondering if clients of the brokerage firm that agreed to the rule are supposed to sign any forms? I do not mean in-house forms, but standardized forms that all brokers must use. Very truly yours, Stella Ginley sginley@paec803.org

ithey are old.what do ineed to know befoire cashing them???

Have you created a financial checklist that covers all the information I might need in case of death or emergency? Thanks!!

I'll be rolling over a 401k to an investment firm, a friend suggested LPL financial. Is this a good company, or do you suggest someone else, or is that something you do for a fee. Thank you for your help, John

Dear Terry, I recently started a new job that offers a retirement (403b). I am 19 years old going to college so I only work part time. My paychecks are usually less than $400 How much should I be putting into my retirement each paycheck? I get paid bi-weekly.