Ask The Expert
Thinking of setting up an IRA? Learn how to choose between a Roth IRA and a traditional IRA and how to invest for long-term retirement savings.
How do you know you have enough money for the remainder of your retirement? A comparison of net expenses with retirement savings and other resources can help you find the answer.
How long can you keep money in a traditional IRA? While you are required to start taking out some of your remaining balance each year beginning at age 70.5, you are never required to take out all of your remaining balance.
Looking to limit your taxes once you start taking retirement plan RMDs? The strategy of contributing some of that money to a Roth IRA has significant limits, but it does also have some benefit.
How would you choose between monthly pension income and a lump-sum distribution? A present value calculation can give you part of the answer, but there are still some judgements to be made based on your situation.