Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Related Finance Questions
I have a client (Age 40s) who joint income exceeds the limit
I have a client (Age 40s) who joint income exceeds the limit of a ROTH IRA. However, both fully participate in their company's 401(k) to the limit of $18,000.1) Can they still open a Personal IRA with… read more
Robin D.
Robin D.
Vocational, Technical or Trade School
16,102 satisfied customers
Please help, I have a seld-directed IRA and I have questions
Please help, I have a seld-directed IRA and I have questions regarding rollovers from my traditional IRA … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
CERTIFIED FINANCIAL PLANNER ®, Professional
Master's Degree
2,963 satisfied customers
Taxpayer is being advised by his financial adviser to make
Taxpayer is being advised by his financial adviser to make non-deductible contributions to IRA and convert those each year over to a Roth IRA. For 2017 the income limit is $196,000 (married filing joi… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,328 satisfied customers
I have a question about roth IRA for non working spouse. I
Hello,I have a question about backdoor roth IRA for non working spouse. I am a married self employed physician with high income. My wife had a job early this year but quit in the summer to take care i… read more
Robin D.
Robin D.
Vocational, Technical or Trade School
16,102 satisfied customers
I recently married and am now making more than the married
I recently married and am now making more than the married amount for my wife and I to contribute to our Roth IRAs. We already Max our 401Ks so losing the ability to sack away the extra 5500 in our Ro… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,374 satisfied customers
There Lane. Jamie Eckard here again. I hope all is well
Hi there Lane. Jamie Eckard here again. I hope all is well your way. I have a client who has $22k in a traditional IRA and they want to convert to a Roth IRA. The client has the following items as far… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,374 satisfied customers
My sister desires to reduce her MAGI so that she will
My sister desires to reduce her MAGI so that she will benefit for tax credits under the Affordable Care Act. Can she contribute to a Roth IRA to reduce MAGI? Or, alternatively,she has a traditional IR… read more
PDtax
PDtax
Owner
Master's Degree
4,292 satisfied customers
What if the best way to convert my traditional IRA to a Roth
What if the best way to convert my traditional IRA to a Roth IRA. I am 65 years old. Thank you. Dean… read more
PDtax
PDtax
Owner
Master's Degree
4,292 satisfied customers
Have a pension fund that is offering a lump sum payout, small
Have a pension fund that is offering a lump sum payout, small amount, $20000 am 56 years old, want to roll it into a roth ira because: my wife will work for 10 to 15 years after I retire, tax rate wil… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,374 satisfied customers
I have a traditional IRA due to a 401k rollover that I just
I have a traditional IRA due to a 401k rollover that I just did. I also opened an Roth IRA account. However next year I'll be over the limit to contirbute to an Roth IRA account, only traditional. Is … read more
R. Klein, EA
R. Klein, EA
Accountant
Master's Degree
480 satisfied customers
I have a traditional IRA which I was planning to convert it
I have a traditional IRA which I was planning to convert it to a Roth IRA. From what I understand I'll lose money in conversion. By the beginning of next year I'll be outside of the qualifications to … read more
R. Klein, EA
R. Klein, EA
Accountant
Master's Degree
480 satisfied customers
In past years, my spouse and I have contributed to various
In past years, my spouse and I have contributed to various retirement plans such as Traditional IRAs, Roth IRAs, SIMPLE/IRAs and IRA/SEPs. We are both over 50 and self-employed, and file joint tax ret… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
I am using turbotax. I converted 9400.00 from a traditional
I am using turbotax. I converted 9400.00 from a traditional IRA to a Roth IRA. (all of the 9400 was invested with after tax dollars into the traditional IRA and the 9400 is actually less than my contr… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
At 81 in PA, I have a 52 year old daughter, single, in CA,
At 81 in PA, I have a 52 year old daughter, single, in CA, working as an experienced dental hygienist, who faces reduced days of work. She has no retirement plan or funding in such. What can I do to g… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
I retired on 25-Jan-2010 at 60y/o, I turned 61 in March 2010. The
I retired on 25-Jan-2010 at 60y/o, I turned 61 in March 2010. The only income for 2010 would be my Jan earnings ($3,000) I took out $60,000, of my regular Ira, to pay off the mortgage and the car, lea… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
Hi, I need advice on how to get money into a Roth IRA. I
Hi, I need advice on how to get money into a Roth IRA. I am married. I am 33 and my wife 31. My wife and I file for taxes jointly. My wife and I have separate Roth IRAs. My goal is to get as much mone… read more
Gerri A Harrison CFP EA
Gerri A Harrison CFP EA
Financial advisor/Tax preparer
Bachelor's Degree
252 satisfied customers
the wife currently has a 401k plan with the company she is
the wife currently has a 401k plan with the company she is working for and as mentioned the husband is retired drawing social security and has a pension but no earned income, he is 74.… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
My wifes employer has a non-matching 401k plan, with a cap
My wife's employer has a non-matching 401k plan, with a cap of 2 1/5% for contributions for "highly compensated" employees, which she is (140,000yr.) What options (simple) does she have for other reti… read more
Bill
Bill
Master's Degree
3,132 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x