dcsimg

Ask The Expert Archive

Retirement Saving Investment Choices - IRAs And CDs

May 22, 2019

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 To Set Retirement Saving Needs

February 27, 2019

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 do Required Minimum Distributions Work?

February 27, 2019

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.

Contributing RMDs to a Roth IRA

February 27, 2019

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.

Monthly Pension Income vs. Lump-Sum Distribution

February 27, 2019

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.

Managing Your IRA Withdrawals

February 27, 2019

Even if you are old enough to take money out of an IRA without an early withdrawal penalty, there may be costs to taking out more than the required minimum distribution (RMD). See what you should know about planning your IRA withdrawals.

Investing to Get Rich Quickly Can Lead to Fast Losses

February 4, 2019

Looking to get rich quickly as an investor? The first step is to guard against throwing your money away by learning about risk and the difference between investing and speculating.

Is It Time To Trade Stock Mutual Funds For CDs

December 27, 2018

Concerned about the volatile stock market? At times like these moving out of stocks may seem tempting, but it is not an entirely risk-free move. Understand how asset allocation can help reduce risk.

When Are CD Penalties Worth Paying?

November 21, 2018

Is your current CD rate lagging far behind today's CD rates? It might make sense to pay an early withdrawal penalty to earn more interest, so here's how to do the math and get the most out of that decision.

401(k) Investing As You Approach Retirement

November 15, 2018

Being close to retirement does not necessarily dictate a conservative investment approach, unless you are planning large withdrawals from your retirement plan.

Can you change a spouse's spending habits?

Can an IRA rollover be invested in CDs?

Savings accounts for a nonprofit?

Pay down student loans or save for retirement?

How should I prioritize my debt?

Can I transfer from an IRA to a CD?

Can I use my ATM card for shopping online?

What's the best way to cash out a SIMPLE IRA?

How much can I take out of my IRA without penalty?

How do I ladder my IRA CDs without taxes or penalties?

How do I balance my checkbook?

How much coverage does FDIC insurance provide for me and two beneficiaries?

How do I start building a CD ladder and get the best CD rates?

Can I benefit from putting money in an IRA in my 60s?

Is paying off debt with my 401(k) a good idea?

Do I have to liquidate my IRA at some point?

How can I track down an old IRA account?

Should I close my IRA once I reach retirement age?

How do I save and grow money for college?

Can my mother use her IRA savings account to pay off debts?

Which accounts should I deposit my retirement income into?

How do I decide which CD account to break into early?

Can I use my IRA toward buying a home?

Are foreign currencies good retirement investments?

Should I take my retirement benefits in a lump sum or monthly payment?

How do I get the best savings account rate on $40,000 while keeping liquidity?

How much interest can I earn on $1 million in 1 year?

Will millennials ever be wealthier than their parents?

Is a money market account considered cash in the bank like a savings account?

Is the stock market's "Trump rally" for real?

How do I find the best jumbo account with high interest rates?

How do I deal with a divorce settlement from an IRA?

Should I worry about losing my mortgage interest tax break?

How should a single mother invest $25,000?

IRA withdrawal rules: transfer to CD without penalty

How do stocks compare with savings accounts?

Can I get out of a bad home mortgage loan?

Where can I find the best 6-month CD rates?

Will Brexit affect US mortgage, refinancing rates?

How can I split direct deposits between checking and saving for investing?

Transferring a money market account to a CD: Will I pay taxes?

Will I owe taxes on an inherited certificate of deposit (CD)?

Which retirement investments can supplement Social Security income?

What is the best payment method for online purchases?

How can I buy a home on a low income?

Should I take money out of 401(k) retirement savings to pay off a mortgage?

Why are global commodities traded in US dollars?

What are FDIC insurance limits for trust accounts?

Is it fair for a potential employer to check your credit report?

Do money market accounts have FDIC insurance coverage?

How do I find the best risk-free interest rate for investments?

How to access bank account of deceased relative

Is silver better than gold as a retirement investment?

What should I do if I can't direct deposit money into savings accounts?

How do I deposit cash into an online bank account?

What's the best way to invest $12,000 in my 40s?

How can I get my paycheck directly deposited into the bank?

Free checking account and credit card offers - what's the catch?

Do I Lose My 401(k) Retirement Money if I Leave My Employer?

How can a retiree protect retirement savings against inflation?

Are pre-paid cards a good alternative to checking accounts to avoid rising fees?

Direct deposit into savings or checking accounts?

Are step-up CDs a good choice if the Fed raises interest rates?

Is there a middle ground between low-return deposit accounts and high-risk stocks?

I have no credit history. Why am I considered a bad risk?

How much savings should I keep in cash while saving for a wedding next year?

Am I saving enough for a comfortable retirement?

How can a jump in gas prices impact mortgage rates?

Can I turn $100k into $1 million in a decade?

Arranging joint access to a parent's checking account

Moving an IRA from one bank to another?

I-Bonds or CDs?

How can I keep getting paper bank statements?

Should I hire a professional to do my taxes?

Should I use my retirement savings to start a business?

Should I sell before HARP expires?

Should I deposit more to avoid a statement fee?

Do I have to withdraw from my IRA?

How much can I contribute to my money market IRA?

Will bonds return to their former yields?

What's wrong with my CD statements?

Should a husband and wife combine all their finances?

How can I find the best business bank account?

How should I invest a burial trust?

Where should I start my business?

How should I choose a financial adviser?

Should I consider a 5-year CD at age 80?

Is it better to break into a CD or a 401(k)?

How much down payment does a first-time buyer need?

Best bank for a jumbo deposit?

Where should I store money while waiting to invest?

Taking IRA distributions after a divorce?

Should I switch out of my IRA?

Is a townhouse a good investment?

Why do interest rates vary in different markets?

Should I give up my bank for bitcoins?

Refinance or restructure our mortgage?

How should we handle a jump in mortgage payments?

Should I trade my annuity for a CD?

Cosign or lend?

Are shipping containers a good investment?

Can the US keep borrowing indefinitely?

Should I open a CD when resources are tight?

Sell our old house or rent it out?

Should I use a credit card or debit card?

How can I finance college when I'm disabled?

Will slowing sales bring lower home prices?

Should I switch to an online bank?

How do banks decide to pay interest or charge fees?

Why do rates on mortgages and savings accounts vary?

How do I track down an old savings account?

How do I find the best rate on $1 million?

Do I need to pay taxes on my foreign CD?

How should I invest $10,000 while in college?

How do foreign money market funds work?

Is it OK to take IRA distributions before required?

Buying a house at 65: 15-year or 30-year mortgage?

How do I exercise a power of attorney?

What financial support should I offer my parents?

How can I avoid estate taxes?

How can I tell which financial companies are banks?

Should I pay down the mortgage or build savings?

How can I keep my IRA stable after retirement?

Accessing IRA funds at age 80?

Should I use cash-out refinancing to pay debt?

Could the debt-ceiling debate endanger my deposits?

Should I invest in a foreign CD?

How much can IRA money market accounts earn today?

Shift my TSP to an IRA?

FDIC insurance can protect over $250K

Does my mom need a financial planner?

Where can I find a good money market fund?

How can I expand my FDIC insurance?

Will higher mortgage rates kill the housing recovery?

Can I transfer my IRA to CDs without penalty?

Could the debt-ceiling debate endanger my deposits?

How do I create a retirement budget?

What can I do about a suspected estate theft?

How do I calculate interest on a loan?

How can I help my IRA beat inflation?

Where should I send my direct deposit?

Should I take a lump sum or monthly pension?

Can I transfer my IRA?

How should I invest before traveling abroad?

Should I break my CD to get a better rate?

What is the safest place for an IRA?

How do online banks work?

Where should I put my IRA funds?

Where are the best bank accounts for college students?

Should I abandon savings accounts for stocks?

Annuity or CD?

IRA or 401(k)?

What accounts are best for college savings?

Why do banks pay interest?

When is tax on a CD due?

Where's a good place to put $10,000?

Can I mortgage my farm to pay off credit card debt?

How different is online banking?

Do I need to pay taxes on CD interest?

Should I make a big or small down payment?

Which should be my go-to card?

Which checking account fees are most important?

Money market account or money market fund?

How can my college student find the right bank?

Where can I find a 3 or 4 percent interest rate?

How much should an 80-year-old have in stocks?

How can I borrow money with bad credit?

Am I overpaying for my brokered CD?

Pay down bills or build up savings?

How do I pick the right type of account?

How will my IRA withdrawal be taxed?

What are the pros and cons of linking checking and savings accounts?

How do I prepare for an IRS audit?

How do I access funds for funeral arrangements?

Is there an alternative to refinancing?

How do I get information about an old account?

How can I maximize my FDIC insurance?

How do I transfer out of a Roth IRA annuity?

What should I do with insurance proceeds?

Which stocks are good sources of income?

Should I use savings to pay down my mortgage?

How risky would the end of the euro be?

Can I live from the interest on $129,000?

What is the average savings account interest rate on $1 million?

How can I make a $5 million windfall last?

How can I earn the most money within two years?

Can I trust the best CD rates?

How do I make 401(k) plan choices?

Why did the bank charge an overdraft fee on a low-balance account?

What determines the strength of a currency?

What is a clearing house?

Which bank has the highest rates?

What's the best place to save a house down payment?

Should I ditch my savings account?

Does stock market volatility mean opportunity?

Which card to use now?

Will the Fed keep its low interest rate promise?

Were savings account rates any lower in the 1930s?

Credit card or debit card?

What can I do about new debit card fees?

Should I go for a 15-year or 30-year mortgage?

Where do I start with handling a parent's finances?

Ask the expert: Where can I find the best investment returns today?

Ask the expert: Why can't people open savings accounts without producing a driver's license?

Ask the expert: Has the Fed locked us in?

Ask the expert: Are my annuity rates secure?

Ask the expert: Are high-yield savings accounts worth it?

Ask the expert: What's the advantage of student checking accounts?

Ask the expert: Are big banks more stable than smaller ones?

Ask the expert: Is free checking really free?

Ask the expert: Does statement cycle affect CD rates?

Ask the expert: How much of my retirement money should I move into savings accounts?

Ask the expert: When should I pay to switch out of a CD?

Ask the expert: Should I buy silver for my portfolio?

Ask the expert: Is the budget deal a disappointment for savings accounts?

Ask the expert: How do I find growth opportunities?

Ask the expert: Where are the best rates on CDs and money market accounts?

Ask the expert: Should I hold out for the bottom in housing prices?

Ask the expert: Does the debt ceiling debate threaten deposit insurance?

Ask the expert: How do I reduce my ATM fees?

How do I find the best bank rates for million dollar deposits?

Ask the expert: How do I protect against financial information theft?

Ask the expert: Will a new law on debit card fees help or hurt my checking account?

Ask the expert: Should I switch before my bank sells out?

Ask the expert: Should savings accounts be drained to buy a home?

Ask the expert: Will the best savings accounts today hold onto this advantage?

Ask the expert: How much of a cushion does a checking account need?

Ask the expert: Where can I find 5 percent CD rates?

Ask the expert: When are online banks better?

Ask the expert: Why are federal and state reporting of 401(k) deferrals different?

Ask the expert: How should I compare variable savings and money market account rates?

Ask the expert: What's the safest place to keep a million dollars?

Ask the expert: What will the end of quantitative easing impact first?

Ask the expert: Getting an IRA out of an insurance annuity

Ask the expert: Are Exchange-Traded Funds (ETFs) the same as index funds?

Ask the expert: How can I get the best CD rates for a 5-year term?

Ask the expert: Are online savings accounts worthwhile?

Ask the expert: Can I be too conservative with my money?

Ask the expert: How do I choose between interest checking and a no-fee checking account?

Ask the expert: Will bin Laden's death affect savings and money market rates?

Ask the expert: How can I compare constantly changing savings and money market rates?

Ask the expert: How do I exercise power of attorney over a checking account?

Ask the expert: How would a government shutdown affect savings accounts?

Ask the expert: separate or joint checking accounts?

Ask the expert: How do I transfer my checking account?

Ask the expert: Debt-backed investments vs. money market accounts

Ask the expert: Are fixed indexed annuities a good investment?

Ask the expert: Are online savings accounts good options?

Ask the expert: What is the role of savings accounts in a long-term investment program?

Ask the expert: Are debit or credit card rewards programs better?

Ask the expert: How much should you pay for your checking account?

Ask the expert: Can Treasury yields beat the best CD rates?

Ask the expert: what to do with money market accounts and other deposits with more banks at risk

Ask the expert: How can I save money on checking account overdraft fees?

Ask the expert: are current mortgage rates too high?

Ask the expert: Are money market accounts the best fit for emergency funds?

Ask the expert: Shifting between money market accounts and the stock market

Ask the expert: Is there more to choosing a bank than meets the eye?

Ask the expert: What is the role of gold?

Ask the expert: savings accounts or money market accounts?

Ask the expert: How much financial latitude to give a high school student

Ask the expert: Will checking account customers gain or lose from the Durbin Amendment?

Ask the expert: what to focus on when shopping for a bank

Ask the expert: Balancing an online checking account

Ask the expert: Making sense of checking account fees

Ask the expert: When is it a good time to look for higher money market rates?

When are taxes on certificates of deposit (CD) interest due?

Ask the expert: What to do with required minimum distributions from an IRA

Ask the expert: Tips for avoiding overdraft fees

Ask the expert: Why are bond yields rising, and will money market rates follow?

Ask the expert: Alternatives to rolling over at today's CD rates

Ask the expert: Will quantitative easing push money market rates down further?

30-year vs. 15-year refinancing at current mortgage rates?

Ask the expert: Pros and cons of having money market accounts and checking accounts at the same bank

Ask the expert: Financial gifts for children

Ask the expert: Are money market accounts a good hedge against inflation?

Ask the expert: Protecting checking accounts for elderly parents

Ask the expert: How should I pay for the holidays?

Ask the expert: Why does inflation seem higher than the reported numbers?

Ask the expert: How long will my retirement savings last?

Ask the expert: Are trust accounts FDIC insured?

Ask the expert: Will quantitative easing affect money market rates?

Ask the expert: Getting started with saving and investment vehicles

Is mobile banking safe?

Ask the expert: Bank procedures for posting transactions

Ask the expert: Fees on savings accounts and money market accounts

Ask the expert: Is gold safer than CDs and money market accounts?

Ask the expert: Determining FDIC insurance coverage

Ask the expert: Choosing a CD

Ask the expert: The timing of Roth IRA conversions

Ask the expert: Using savings accounts or money market accounts to start an education fund

Ask the expert: How risky are IRAs?

Ask the Expert: Are bonds risky?

Ask the Expert: Opening a Roth IRA for a teenager

Ask the expert: Juggling multiple bank accounts

Investing 401(k) catch-up contributions

Ask the Expert: Changes in money market rates

Ask the expert: Money market accounts vs. savings accounts

Ask the Expert: Transferring IRA investments

Ask the expert: When will the Fed raise interest rates?

Ask the expert: IRA annuities

Ask the Expert: Bond funds

Ask the Expert: Comparing Section 529 College Savings Plans

Ask the Expert: Corporate bonds

Ask the Expert: Tax consequences of a maturing CD

Ask the Expert: FDIC Insurance on Minor Accounts

Ask the Expert: Protecting against a collapse of the U.S. dollar

Ask the Expert: Pros and Cons of Consolidating Accounts at One Bank

Ask the Expert: Finding the Best CD Rates, Money Market Rates, etc.

Ask the Expert: Foreign Bank Accounts

Ask the Expert: CD Rates and Length of Commitment

Ask the Expert: Saving for College

Ask the Expert: FDIC Insurance Limits

Ask the Expert: The Best Bank Rates with Liquidity

Ask the Expert: Money Market Accounts vs. Money Market Funds

Ask the Expert: Offshore Bank Accounts

Ask the Expert: Transfers Between Banks

Ask the Expert: Investing $100,000 for a Short Period of Time

Ask the Expert: Low Interest Rate Policy

Ask the Expert: Bank Exchange Rates May Vary

Ask the Expert: Rolling Over a CD

Ask the Expert: Money Market Account or CD?

Ask the Expert: Is It Worth the Time to Switch Savings Accounts?

Ask the Expert: Where Do I Find the Best CD Rates?

Ask the Expert: Translating Mortgage Rates Into Monthly Payments

Ask the Expert: Improving CD Rates

Teaser CD Rates

About Richard Barrington, CFA & MoneyRates.com Senior Financial Analyst