Financial Planning / Retirement Questions

I am one of those people who takes my annual RMD on the first business day of the year for..

Hi Terry, my question concerning this method of withdrawing from a traditional IRA account seems like a common possibility but..

Hello, I will turn 66 this October. I am considering drawing from my Social Security effective 1/1/21 to pay down..

Dear Terry, Hoping you can help as no one seems to be able to give me a straight answer. I..

If we withdrawl from a roth 401k for ex. 1,000 with a 10% federal tax and 0% state tax. How..

My wife is retiring and gets a Pension of about $70K year. Should this funding be put in an annuity..

IF I DO NOT TAKE THE 2020 RMD WILL I BE REQUIRED TO WITHDRAWL IT IN 2021 ALONG WITH 2021..

Hi, I enjoy your segments on WGN . My question is with the passage of the CARE Act, I have..

Hi Terry, I know that RMDs on Traditional IRAs for 2020 have been eliminated but I’m not sure if RMDs..

I’m retired and have a 401(k) with Fidelity through my former employer. My first ever RMD was last year, but..

I heard that we can reduce the amount taken from our IRAs to help offset declines. What is the percentage..

I have about 35K (declining daily) left in my traditional IRA “2025 Retirement diversified mix” account that I rolled over..

I am retired, can I use my cash to invest in a 2019 IRA Roth?

I left a part-time job at Macy’s 10 years ago with a small 401k, that I converted to a Roth..

I herd you on WGN Can you give me the details on the new RMD is not required for 2020...

WGN ran out of time for my text to WGN this morning. May I move my RMD taken in Feb..

You mentioned on WGN radio today that, as part of the coronavirus/financial crisis, the federal government has said that we..

Hi, My job ended 12-31-2019. I am 61 yrs old. My previous job asking me to move this money! I..

I heard part of you statement on deferring this years RMD fromIRA accounts. Who and how do you contact to..

I have a 457b Plan through my government employer. I am 65 years of age and want to work two..