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Hello, my name isXXXXX & I'll be helping you today. My goal is to give you a complete & accurate answer that you can understand.
I see no answer.
OK. Being both a retired CPA with over 40 years of tax experience as well as a Personal Financial Specialist (PFS) (similar to a CFP, except you must also be a CPA to be a PFS), I think I can help.
First, I'm not a speed typist so hang on.................:]
1 Question............What is MaryAnne's formal training?
2. Whom do you feel most comfortable working with, Neil or MaryAnne? ie. do you relate to one or the other of them better than the other one?
3. Are you talking about what to do with your 401K money?
I am not receiving all of your question
There's a copy of what I've written so far.
I only see number 3. Where's the rest?
Can you scroll up?
If you still can't see it, I can switch to a different format; let me know.
All I see is the one sentence "If you can't see it, I can switch to a different formal; let me know." I never had this problem before. Thanks.
Well, you saw # XXXXX before, I suspect you need to scroll up. Let me try again.
How about now?
MaryAnne is also a certified financial advisor, like Neil
Yes, but also wonder if I can gain any income from the 401K money since my income is cut in half after retirement. I am 57 years old.
Well, the reason to transfer funds to IRAs is not because of the beneficiary options, you can do that with the 401K or even with regular security accounts; however, in order to diversify your investments, you would need to use a rollover IRA in order to avoid paying tax on the 401K withdrawals for investment purposes.
What is your 401K invested in now; a group of mutual funds?
Stephen... yes...group of mutual funds....Is there some way you help me read beyond this skinny little bar?
Yes, I can. Hold on. But first, over on the far right of your screen, do you see a vertical scroll bar?
Yes, but that does not help
OK, so you can't scroll up; possibly you locked it by mistake; I'll switch to the Q/A format, it just goes a lot slower for the back & forth
Not Stephen's fault.......
Wait, why would you rate me bad service
don't do that, they charge me with bad service if you do that & I don't get credit for this
OK Stephen.....now we can chat....thanks for your patience
No, I have enough income to live on even though I have retired.
Yes, MaryAnne has helped me increase my investments for the past 8 years. I have no other significant investments that I need help with. No will, yet, but plan to leave my assets to my sister, Laura. Neil helped my mother with long-term care which was awesome and gave her great quality of life towards the end.