Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
For a traditional IRA are there any phase outs or income
Hello, For a traditional IRA are there any phase outs or income restrictions on being able to contribute the full $6,000 annually?… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,673 satisfied customers
I understand that at 70 1/2 there is a requirement to
I understand that at 70 1/2 there is a requirement to withdraw a certain amount from retirement accounts. I have a SEP IRA that is not active but has funds in it. I also have a Profit Sharing plan wit… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 satisfied customers
If I have been contributing to a traditional IRA for all of
Second opinion] If I have been contributing to a traditional IRA for all of last year for 2018's return and all of this year for 2019s return and found out upon trying to do 2018's taxes that I'm not … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 satisfied customers
I have the following IRA's ROTH ~ $60,000 Rollover ~
I have the following IRA's ROTH ~ $60,000 Rollover ~ $775,000 Traditional ~ $236,000 Beneficiary ~18,000 [RMD ~ $900 year I will be 65 next year so my medical insurance will be less; today it is ~ $1,… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 satisfied customers
Over 50 taxpayer made the following non-deductible IRA
Over 50 taxpayer made the following non-deductible IRA contributions which were immediately converted to Roth's.Mar 2016 $6500.00 for 2015 Contribution converted to ROTH March 2016 Mar 2016 $6500.00 f… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
4,534 satisfied customers
I have Roth 401(k) at work which I started on 2/2016. I also
I have Roth 401(k) at work which I started on 2/2016. I also have separate ROTH account with Fidelity that I first funded 10 years ago. What options do I have with this Roth 401(k) account to minimize… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,418 satisfied customers
I would like to open a Self Employed 401K. I have 2 main
I would like to open a Self Employed 401K. I have 2 main sources of income - a medical practice with no pension plan and an about $13,OOO that I have earned from consultant practice outside the main m… read more
Charles Markham
Charles Markham
Principal
Masters Science Taxation
740 satisfied customers
I have a question about what a person needs to report if
I have a question about what a person needs to report if they disburse the principal investment (but not the interest earned) from a Roth IRA - e.g. if one invested 5000 dollars in a Roth IRA - earned… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 satisfied customers
I have a 403() from my school district. I resigned at the
I have a 403(b) from my school district. I resigned at the end of May, 2016. I am 75 and have never taken any distribution. I also work part time and have a 401(k) and ESSP there. What happens now? What options do I have to preserve what little amount is in the 403(b)? Do I have to take some amount as an RMD or can I rollover the entire amount into some other program? thanks … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,291 satisfied customers
FACTS: I have two different types of IRA's Rollover I never
Good Morning FACTS: I have two different types of IRA's Rollover I never paid taxes on any of the contributions. Traditional: I paid taxes on part of the contributions [Never deducted the contribution… read more
TaxRobin
TaxRobin
Senior Advisor
Vocational, Technical or Trade School
21,947 satisfied customers
FACTS: I have the following types of IRA's ROTH I know I do
FACTS: I have the following types of IRA's ROTH I know I do not have to pay any taxes on this account Beneficiary Currently required to take a RMD SEP Contributions reduced my AGI Rollover Never paid … read more
PDtax
PDtax
Owner
Master's Degree
4,797 satisfied customers
If I am under 59 1/2, can I pull out the principal of my ROTH
If I am under 59 1/2, can I pull out the principal of my ROTH IRA anytime without tax and penalty for any reason? Under what circumstances can I pull out principal and earnings without paying taxes an… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 satisfied customers
Hi, I have one question about my parents tax return.
Hi, I have one question about my parents' tax return. My dad's over 70.5. My mom works full time and is 68 (don't tell her I told you that). For the last couple of years they've only taken the standar… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
I am a physician working as an independent contractor for a
I am a physician working as an independent contractor for a hospital. As such I fully fund my SEP-IRA ($49k) each year. My wife takes care of all of the business aspects of my practice and I would lik… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
I am getting a one time windfall from a divorce. Mu divorce
I am getting a one time windfall from a divorce. Mu divorce lawyer says I should roll about 2 million into my existing ira which is only currently earning .65 percent any suggestions… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
Financial question. In addition to other assets, I have an
Financial question. In addition to other assets, I have an IRA which is invested in mutual funds. Upon my death, I would like to somehow give portions of that IRA to my wife and to my three children. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 satisfied customers
Im in the process of rolling over my traditional $30,000.
I'm in the process of rolling over my traditional $30,000. IRA, and I'm wondering if I should change it into a Roth IRA. Other than the equity I have in my condo, this is the only investment I have. I… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 satisfied customers
I am a divorced and remarried mother of 2. My son is applying
I am a divorced and remarried mother of 2. My son is applying for an Arkansas Academic Challenge Scholarship which is based on income. For a family of 4 the AGI has to be under $65,000. My new husband… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,926 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

2,614 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)

2,224 satisfied customers

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

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,975 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

R. Klein, EA

R. Klein, EA

Accountant

490 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dave CPA

Dave CPA

Accountant

231 satisfied customers

I'm a CPA with over 10 years of experience

ConceptsCoach

ConceptsCoach

Certified Public Accountant (CPA)

171 satisfied customers

Chartered Accountant and MBA

< 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