Financial Planning / Retirement Questions

What is the maximum yearly per person giving and maximum per person receiving without tax penalties

Terry, Background: I am 66, retired, receiving a pension and plan to begin taking Social Security at 70. Preparing for..

do you have any recommendation about how to go about finding a good estate planner attorney?

Mother has spousal payout option (she never married). She is 65, payout is around $15,800 or $123 a month in..

My wife and I are retired, and each of us has a will. We have 3 kids, all in their..

I’ve got a bunch of money sitting in IRA’s under my name. the federal estate tax exemption is high enough..

Hi Terry, My wife and I disagree about the best use of extra income $$. We have an extra $300..

When my mother passed away last year she left me a nice sum of money. Not a fortune by any..

Is there a site to calculate the amount of RMD’s we should be taking? We have several different IRA accounts..

My wife and I are both 81 yrs old. She is in good health and I have some health issues..

Ok to protect assets before going to alz care? If yes, who would we talk to?

If you gift a stock that has been held for a long time and has gained a great deal, how..

I just received a letter from the SSA stating that I will need to pay a Medicare Part B IRMMA..

How can you compare financial planning businesses? I’ve recently heard about Savant Wealth Management and would like to compare it..

Hi, I’ll be 61 in January and hope to work only 2 more years. Does it make more financial sense..

Good morning Terry, I very much enjoy your insights on WGN and thought I would give my question a shot...

Hello Terry, Thank you for all of your Books/ info. I’m a member of ARP. I received an email from..

Since I just retired at age 65 without a spouse, I have to decide how to take the refund of..

On August 30, 2020 I closed an IRA CD for $218,000 with the plan of moving it into some other..

I asked the question this morning on the money show about the husband/wife team which was right in your wheelhouse!..