Financial Planning / Retirement Questions
Transferring balance of 401k to a Vanguard account
How do I go about opening a Vanguard account? Is this advisable to move the money until needed? I can..
Changing social security benefit per deceased spouse
My husband passed away four years ago. He was retired and receiving social security benefits. He would now be 68..
Annuities vs. other retirement options
I have a retirement fund that my work gave me. It can either be an annuity or cash payout. Which..
403b transfer
My wife works for university in Chicago. Has money in a Fidelity 403b account. She’s 55yrs retiring in 7yrs. Should..
Gift of money to daughter
If my wife and I give a gift of equity of, let’s say $150,000 to our daughter when selling our..
Retiree Tax and Estate Concerns
As an 80 year old retiree in Illinois I have two questions/concerns: (1) Presently the State of Illinois does not..
Retirement
I am a recently retired 68 years old I am wondering what I should do with my 401k money around..
Retirement account for adult children
I want to set up accounts, 401k or Roth IRA, not sure what kind, for my daughter and son with..
IRA required distribution for those over 701/2
Is it true that the IRS/Govt. ruled that the usual required IRA distribution for those over 701/2 will not be..
investing funds (CD) that matures on 7-30
Terry I tried to call on John Williams’ show and didn’t get through. I have an ALLY $230K cd that..
Retirement strategy
Hi Terry, thanks so much for what you do. I’m 65 my wife is 60. I work full time in..
401k conversion to Roth 401k before rollover to IRA and pro-rata rule
I’m 60, just retired, and currently have 401k, Roth 401k, IRA and Roth IRA. Only about 10% of total retirement..
Annuity distribution help
We have a Prudential annuity purchased through Alliant Credit Union 7 years ago. When we decided to take distibutions we..
401k Loan?
I took out a loan on my 401k. Now due to the Cares Act, I can withdraw up to the..
Gift funds for a house downpayment
Hi Terry! I hope you are able to answer my question…my husband and I are buying a house in Indiana(..
Qualified and Non Qualified Pension Plans
Why are payroll taxes due on a Non Qualified Pension Plan
Buying a Condo as a second residence
Hi Terry, I am thinking of buying a Condo in Florida as a winter home. My husband and I are..
CARES ACT $ RMD
I have been retired for many years not and have been using the RMD (Vanguard) for several years. As I..
Retirement accounts
Hello I have an 457(b) Deferred Compensation account through my employer already. I want to know if I can open..
Retirement
Hi Terry I am 60 years old and have no retirement or savings I have been working in the automotive..
