Q&A
Asked by Jessica
Hi Jessica! Sounds like you have a great
family - what a gift! As I read your question,
I hear two concerns. One - I want to grow this
money as much as possible. Two -...
Q&A
Asked by Lynn
Answered by Donn Sharer
CFP ChFC CLU in Millstone Township, NJ
CFP ChFC CLU in Millstone Township, NJ
Thanks for your question Lynn. While I can't
speak specifically to PA, I can say that I'm
not aware of a "return of premium" feature for
whole life policies. That said...
Q&A
Asked by Kathleen
-
Upvote 36
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Answered by Dan Crimmins
Financial Adviser in Woodcliff Lake, NJ
Financial Adviser in Woodcliff Lake, NJ
Kathleen - It is great that you are saving for
your retirement. The difference between a
Roth IRA and a traditional IRA is when the tax
is due. When you contributed...
Q&A
Asked by John
Answered by Barry Rabinowitz
Financial Adviser in Plantation, FL
Financial Adviser in Plantation, FL
There is a big difference. A 529 has special
tax rules, whereby if the funds are used for
tuition, laptops, etc, all growth can be
withdrawn income tax free.
Also, in...
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Q&A
Asked by gospdrcr77
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Sadly, there are many scams. Their target is
primarily anyone they can scam. UNDER NO
CIRCUMSTANCES SHOULD YOU GIVE YOUR PERSONAL
INFORMATION TO A STRANGER THAT CALLS ...
Q&A
Asked by bonnie.myers
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Bonnie,
Restrictions apply. So check
with your tax advisor and be sure you have
the written certification from the
manufacturer that their product qualifies for...
Q&A
Asked by jerry
Answered by Michael Bull
Mortgage Professional in Plano, TX
Mortgage Professional in Plano, TX
You will receive a 1099. You also should keep
your award letter.
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi anonymous,
A self-directed IRA has the
same rules as a traditional IRA. If you are a
licensed real estate agent or are you eligible
for a management fee? You can...
Q&A
Asked by Tstepsr67
Answered by Jeffrey Schneider
Tax Professional
Tax Professional
An in-law can be a dependent like any other
relative. They would be called a qualified
relative. The main criteria is that you
provide more than half their support and...
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