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2008-10-12 Retirement Planning - retirement planning: Dear Angelique, I cannot predict what the Fidelity account will do, but if you want safety and a competitive rate of return, I suggest a combination of Fixed and Fixed Indexed Annuities in place of...
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2008-10-12 Personal Investment & Financial Planning - Retiring next month: Hi, Jeff Thanks for the clarification. It is good idea to pay off the credit card balances. However, you have to be aware any withdrawal from DROP is taxable income. For example, if withdrawing...
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2008-10-11 Retirement Planning - IRA conversion after this massive stock market selloff: Hi Channon, I believe your thinking is very sound on this matter. The advantages of a Roth should far outweigh the tax deferral of traditional IRA's, especially at your age. I will now try to answer your...
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2008-10-11 Personal Investment & Financial Planning - Retiring next month: Hi Jeff If I do not answer your question correctly, please resend. If I understand your question, I do not know why you would plan to use $10,000 to be reinvested in something safer one. Without...
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2008-10-10 Accounting, Payroll & Pension Issues - Profit Sharing Plan: There is a good reason why you can't get the answer from the websites. There is no general answer to the question. The answer depends on the specific terms of the plan. Many plans require an employee...
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