Financial Planning / Retirement Questions
Retirement asset allocation
Looking to retire in 2021 at 63 and a financial advisor wants me to put 45% into an index annuity...
HELOC and best option how to pay off
Husband and I have $80k balance for HELOC I have approximately $900k in different IRA and retirement funds rate of..
Investment options
Hi Terry, My husband and I have about 75K in our savings account that is not making any interest. What..
Extra Money in Penny Stocks?
Hi Terry, I am 59 years old I retired in December of 2019 1year ago. I have a pension I..
Retirement accounts vs. IRA Rollover
I am a retired Chicago public school teacher. I have a vanguard target 2020 retirement 403b. Now that I am..
House purchase after divorce
Our son-in-law left our daughter and her babies(ages 1 and 5) they had just purchased a new bigger house. The..
Pension protections
What are the $ limits of the Pension Protection Act ? Do they protect against lawsuits?
Defined-Benefit Pension Plan payout
Hello Terry – I have read your article about changes to retirement plans. Are there any changes to defined-benefit plans..
Congress makes changes some significant changes to retirement account rules.
In an article you recently wrote concerning changes Congress made to IRA’s you stated “Of course, the dreaded RMDs are..
Not prepared to retire
Hi Terry, I am a 46 year year old mother of 3, however only 1 is a minor. I have..
401K/IRA SPOUSAL INHERITANCE impact on Medicare Premiums
If my wife or myself pre decease the other and inherit the 401k/IRA, does that money effect the medicare premium..
Adjustments to my portforlio at age 88
I am 88yrs old my portfolio is approx 1mil mix of stocks and bonds.Any tax savings when I make some..
Retired government employee Social Security
As a retired Federal government employee I don’t qualify for social security but if I achieve 40 quarters of social..
Safe money for sale of Mom’s house
My 100 year old mother is selling her house for $600,000. I want her to put it in several bank..
Social Security Disability — when does it end?
If you are on SSI (Disability) before you turn 62 will Department of Social Security lowering your income down to..
Investing in stocks near retirement
I want my money to work for me and am looking for stocks that will help me add to my..
Planning financial decisions around stimulus checks
I have a 457 that I would like to move into a Roth while taxes are low. I also may..
gifting amounts each year
What is the maximum yearly per person giving and maximum per person receiving without tax penalties
Converted IRA to Roth — Now must pay more for Medicare!
Terry, Background: I am 66, retired, receiving a pension and plan to begin taking Social Security at 70. Preparing for..
estate planning — finding a good lawyer
do you have any recommendation about how to go about finding a good estate planner attorney?
