FAQs tagged as


  1. I am in my mid thirties and have nothing invested for retirement. Is it too late to start contributing for a retirement plan?

  2. What is the difference between a Traditional and a Roth IRA?

  3. Should I collect early Social Security?

  4. What happens during the consolidation phase of an investor's life cycle?

  5. Does the five-year rule apply if a non-spouse inherits an IRA after the required beginning date and the required minimum distribution is not satisfied in the year of death?

  6. How can I budget for both short-term expenses and long-term goals?

  7. I work for two companies. How much can I contribute to each company's SIMPLE IRA?

  8. Are there special benefits for U.S. armed forces personnel?

  9. Are any special forms or documents required when transferring an IRA/SEP/SIMPLE to a Traditional IRA?

  10. I own a small business. Can the SBO-401(k) work for me?

  11. My husband left his ex-wife as his retirement plan beneficiary. Can this be changed?

  12. Can I donate stock to charity?

  13. Is it possible to reverse an IRA? I received a QDRO and owe money to my ex-husband. Is it possible to reverse the QDRO, which was put into a CD Traditional IRA account, without incurring any type of penalty?

  14. What does a "5 by 5" power in a trust document mean?

  15. Earnings within a Roth IRA are tax free, so are these earnings included in the modified adjusted gross income which is used to determine Roth IRA eligibility?

  16. Is it wise to put an IRA account into a fixed or variable annuity?

  17. Can an employer adopt a different type of retirement plan for each employee?

  18. What is cliff vesting?

  19. What pension benefits are available to military personnel?

  20. My daughter would like to use some of her Roth IRA to pay for some current tuition fees and loans. Can she do this without a penalty?

  21. Is it easier to save for retirement if you start earlier in life? Can I make up for what I don't save now by contributing more later on?

  22. Is my 403(b) account owned by me or by the institution?

  23. If there are two plans and one is terminated, creating a distributable event, can loans in the terminated plan be rolled over?

  24. Can I close my existing Roth IRA and invest in a new Roth IRA at a different financial institution without a tax penalty?

  25. What are the requirements that a trust needs to meet to be qualified?

  26. Can high-income earners deduct yearly defined-benefit plan contributions of over $100,000?

  27. I overcontributed to my Roth, then lost half of this money to the market. Does the 6% penalty apply to my original contribution, or only what's left of it?

  28. Are my IRAs secure against possible liens?

  29. Can an individual contribute to both a Roth IRA and a Traditional IRA in the same year?

  30. If an employee covered by a SIMPLE leaves his employer within the two-year period and his new employer doesn't have a SIMPLE, what happens to the plan? Can the employee roll it over without penalty, or keep it at the old company until the two years expire

  31. Where can I find information on how to distribute my deceased parent's assets?

  32. Why is there a cap on the Federal Insurance Contribution (FICA) tax?

  33. What's the difference between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI)?

  34. Will I pay taxes on my Social Security payouts?

  35. Can I deduct my Individual Retirement Account (IRA) contribution on my tax return?

  36. Can I contribute to a Roth IRA and still participate in my employer-sponsored retirement plan?

  37. At what age will I be eligible for the maximum Social Security payout?

  38. Can I take money out of my Individual Retirement Account (IRA) while working?

  39. What's the difference between an individual retirement account (IRA) and an annuity?

  40. What's the difference between an individual retirement account (IRA) and a certificate of deposit (CD)?

  41. Why is Social Security running out of money?

  42. Can my spouse and children collect my Social Security when I die?

  43. How Can I Fund A Roth IRA If My Income Is Too High To Make Direct Contributions?

  44. If I don't have any kids and want to leave all of my worldly possessions to my dog, how would I do it?

  45. How do I list the beneficiaries of my life insurance policies if I have a trust?

  46. Are 401(k) loans taxed?

  47. What should you do when you're five years from retiring?

  48. What are the differences between a 401K and an IRA?

  49. How do I retire?

  50. I want to transfer my house title to my child, what are the costs and tax consequences of doing so?

  51. What are Government Pension Offsets, and who is subject to them?

  52. How do you plan for retirement if you have multiple employers? Can you combine retirement plans from multiple employers?

  53. I have a 403(b) from a old employer. I would like to convert it to a 401(k). How can I do that?

  54. Our broker switched firms in the middle of 2011. As a result we lost track of our required minimum distribution (RMD) amounts and ended up withdrawing much more than our RMD. Is there a way to defer some of the withdrawal to 2012 to avoid the tax liabilit

  55. How can I start an IRA for my child?

  56. What is the difference between qualified and non-qualified plans?

  57. Which investment would be most suitable for a client investing for retirement and seeking protection from purchasing power risk in the future?

  58. The reason why ERISA qualified plans should have an investment policy statement is to:

  59. How do 401(k) loans work?

  60. What are the exceptions to the premature withdrawal penalty rules for IRA accounts?

  61. Can I refuse a gift by providing a "Qualified Disclaimer," and what does this entail?

  62. I have a profit-sharing plan with my former employer. I am now trying to buy a home. Can I use my profit-sharing money to put a down payment on a house?

  63. When is it a good idea to use an irrevocable life insurance trust?

  64. How does an employer benefit from a 401(k) matching plan?

  65. Why is accidental life insurance so inexpensive?

  66. What is the "stretch IRA" concept?

  67. What are the pros/cons of naming a trust as the beneficiary of a retirement account?

  68. Does it make sense to convert a Traditional IRA to a Roth when the market’s down?

  69. What is the difference between early retirement and full retirement as it applies to Social Security retirement benefits?

  70. All of the following are allowable deductions used in determining taxable estate EXCEPT

  71. If my spouse passes away, will I have to sell my home to meet creditor obligations?

  72. When is the best time to purchase long-term care insurance?

  73. What documents should I have ready in case my partner or I should die?

  74. Which of the following accounts does ERISA cover?

  75. What is the "three-legged stool"?

  76. What is pension maximization?

  77. Which statement(s) is/are FALSE about market risk?

  78. What is long-term care?

  79. What are activities of daily living (ADL)?

  80. Why should I invest in the market when I can buy and sell houses or cars?

  81. A lot of retirement projections seem to assume an 8% rate of return. Is this realistic?

  82. Should a Canadian citizen who lives and works in the U.S. continue to contribute to a RRSP account?

  83. How do I use a conduit IRA?

  84. We are in a 401(k) at work. Can we also do a Roth each year? If we can, can it also be deducted from our taxes?

  85. Do I still have to pay penalties and taxes on money that I don't roll over from a DROP fund?

  86. Is a person an active participant in an employer-sponsored retirement plan if he or she was only active for a short time?

  87. What are the penalties for withdrawing from my Traditional IRA less than a year after acquisition?

  88. Am I entitled to any of my ex-spouse's retirement plan benefits?

  89. What happens when someone is given the golden boot?

  90. I converted my former IRA to a Roth for tax purposes in 1998, so even though the tax was paid over four years, am I correct to assume that this is now mine to withdraw, if I like, at no penalty? I am 60 years old.

  91. If an individual still has his or her former spouse as the beneficiary of an IRA, does the former spouse receive the assets upon the individual's death?

  92. My wife and I both converted our Traditional IRAs to Roth IRAs in Dec 1998 and have invested the maximum amount each year to date in the Roth. I am purchasing a new home in January. Do my wife and I each qualify for a one-time, tax-free $10,000 "qualified

  93. I made involuntary contributions to a retirement plan while temporarily employed. Can I withdraw these funds without penalty?

  94. My mother inherited my father's IRA. When she died, I received an account application listing me as the beneficiary, as well as notice that my brother and I will have to take my mom's required distribution. My brother is nowhere to be found. How should I

  95. If a trust is named as the beneficiary of an IRA, can the trustee of that trust become the beneficiary without the IRA owner signing the Change of Beneficiary form?

  96. If I roll my annuity into an IRA and receive after-tax distributions, will this be considered taxable income?

  97. I retired and transferred part of my pension distribution to a Roth IRA. If I am over 55, do I still qualify for the age 55 exemption?

  98. Can I roll the funds in an SEP-IRA over to a profit-sharing plan or self-directed retirement vehicle?

  99. Can I roll over a profit-sharing plan to an SEP IRA account without suffering any tax penalties and liquidation of current positions held in this account?

  100. Can you have a 403(b) and also contribute to a 401(k)?

Trading Center