Tim Asks "What is the last day you can contribute to an ira and reduce my 2017 taxes?"
When you are funding your retirement plan you are not bound by the calendar year to see the tax benefits!
Unlike your 401(k), your IRA and ROTH IRA can accept tax-deductible contributions until you file taxes for the year.
It's easy to get them confused - but now is a great time to look at contributing to your retirement fund after the holiday and new year madness.
Tim, you may also enjoy a recent show on "How to Prepare Your 2017 Taxes for the New Tax Reform."
Hope you are able to feel more confident in your plan!
More and more companies are defrauding their customers and trying to get away with it! Sharing tips on how not to become a financial institution’s latest victim.
Chris is back from vacation and we are having an extended mailbag session. Thanks to everyone who sent in questions! First up: emergency funds, withdrawal penalties, and investing with only $20.
The pension well is about to be tapped and life continues to throw (expensive) curveballs. Here’s how you can prepare for the unexpected.
Don’t buy into the gloom and doom about the future of our economy. There are sure fire ways to keep your nest egg in tact for your golden years.
Lightning Round!! You asked. We answered. Lainey's father recently passed away and left her with his IRA. How should she go about transferring that?
Lightning Round!! You asked. We answered. Tran asked, “How aggressive should I be when investing in my child's college plan?”
Lightning Round!! You asked. We answered. Young professional Will asked, “Where should I open up an IRA account if my job does not offer a 401k?”
Lightning Round!! You asked the question. We answered them. Here Kimberly asked, “How do you incorporate inheritance as part of your retirement planning?”
Lightning Round! Your questions answered. Julie asked, “Is it more beneficial to sell her house or turn it into a rental property for the future?”
Lightning Round! Your questions answered. Charlie asked, “Is it better to follow my parents' wishes to invest their gift or should I consider another route and start an emergency fund?”