Retirement

17 Jun I’m 59 1/2. Time for IRA distributions?

Posted at 13:26h in Ask NJMoneyHelp, Retirement

Get the rules straight before you take a Required Minimum Distribution (RMD)...

Read More

15 Jun Can I stop 401(k) savings because of an inheritance?

Posted at 16:48h in Ask NJMoneyHelp, Estate Planning, Retirement

While an inheritance is good news, you need a plan to maximize your opportunities...

Read More

12 Jun At 35, do I need bonds?

Posted at 15:41h in Ask NJMoneyHelp, Retirement

Your allocation should depend on your risk tolerance and time horizon...

Read More

10 Jun Was buying an annuity a mistake?

Posted at 10:21h in Ask NJMoneyHelp, Insurance, Retirement

Annuities often have high surrender fees ...

Read More

09 Jun A retirement head start for grandkids

Posted at 11:08h in Ask NJMoneyHelp, Retirement

Using RMDs to start an IRA for a child...

Read More

03 Jun Conversion to Roth IRA not a simple decision

Posted at 13:57h in Ask NJMoneyHelp, Retirement, Taxes

Consider your entire money situation before choosing a Roth conversion ...

Read More

28 May What if we get hit by a truck?

Posted at 11:05h in Ask NJMoneyHelp, Retirement

Choosing Social Security benefits to maximize your lifetime benefit...

Read More

26 May Taxation and investing of inherited IRA distributions

Posted at 12:03h in Ask NJMoneyHelp, Retirement, Taxes

You can't avoid taxes on RMDs from Inherited IRAs, but you can invest anywhere ...

Read More