Finance

Have finance questions? Ask a financial expert online.

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

Related Finance Questions
We are a husband-and-wife 50/50 shareholders in our S-Corp.
Hi, We are a husband-and-wife 50/50 shareholders in our S-Corp. We have a solo 401K which we have contributed the maximum for 2020 in salary deferrals ($56,000 as we are over 50 years old) plus employ… read more
NelsonProTax
NelsonProTax
Remote Tax Support Expert
Master's Degree
2,688 satisfied customers
Self-employed (sole proprietor) with a solo 401k and a Roth
Self-employed (sole proprietor) with a solo 401k and a Roth IRA. My husband is employed and also has a Roth IRA and participates in employer 401k. My self employment income is only $20k this year and … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
25,712 satisfied customers
I have questions about 401k plan? Not yet. I don't know who
Hi I have questions about 401k plan? JA: Hi there. Have you talked to a financial professional about this? Customer: Not yet. I don't know who should I talk to JA: Is there anything else you want the … read more
Rama-CPA
Rama-CPA
President
Bachelor's Degree
1,674 satisfied customers
I have a question to understand retirement contribution
Hi, I have a question to understand retirement contribution options for my wife and I. I am a salaried employee (gross $200k) with maxed out 401k ($19k annually plus match/profit from employer) and my… read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
1,341 satisfied customers
My question is related to 401k, SEP IRA and "" Roth IRA. At
My question is related to 401k, SEP IRA and "backdoor" Roth IRA. At this time I am self-employed and my s-corp is in TX. I live in GA. My My questions are below: 1. My total Income (my income + my wif… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,563 satisfied customers
My work makes me contribute to KPERS which is a 401 (a)
Hi, my work makes me contribute to KPERS which is a 401 (a) plan, I think I have to contribute 6% or roughly $10,000/year. I have my own direct sales business/franchise as well. It is through this com… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
25,712 satisfied customers
Can someone please help to explain the differences between
Can someone please help to explain the differences between 401k, Roth 401k, IRA, and Roth IRA? What their contribution limits are and any requirements to they might have to start one. I'm 25 and want … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
25,712 satisfied customers
Small, consulting LLC, husband and wife, selected "S" corp
Small, consulting LLC, husband and wife, selected "S" corp for taxes. Set up a Solo 401k with TD. plan allows for Pre-tax, Roth, After Tax and Employer Electives. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,532 satisfied customers
I work as inspector and drive my own car, I am being audit
I work as inspector and drive my own car, I am being audit for mileage … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,532 satisfied customers
Can I have a 401k as an employee and an SEP for my side
can I have a 401k as an employee and an SEP for my side business in the same year? … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
25,712 satisfied customers
I have a question about optimizing our tax planning using a
I have a question about optimizing our tax planning using a solo 401k plan for my wife's law practice (solo practitioner in California) for 2018. Namely, is it worth setting up an S corp instead of th… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,532 satisfied customers
I have a S-corp and just started a solo 401k plan. According
I have a S-corp and just started a solo 401k plan. According to the solo 401k plan, i can defer $18k from employee salary to the plan and the S corp can contribute 25% of my total compensation. I'd li… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
25,712 satisfied customers
I just transitioned to an agency temp position and will be
I just transitioned to an agency temp position and will be paying for my ow insurance. Will I be able to claim tax credits for the insurance premiums I will be paying? As for 401k, how can I make pre-… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
6,663 satisfied customers
I am a single, 60 year old individual. I do not have a 401k
I am a single, 60 year old individual. I do not have a 401k at work. What is the most I can contribute to my self-directed Roth IRA for the 2016 tax year?Thanks, Ros… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,532 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
775 satisfied customers
This situation is somewhat complicated and requires privacy.
This situation is somewhat complicated and requires privacy for discussion. It has to do with title of real estate property, tax rules for foreigners and US citizens, and trust. I will elaborate when … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,532 satisfied customers
I am a majority owner of an LLC partnership that is growing.
I am a majority owner of an LLC partnership that is growing. I'd like to offer a 401K program for myself and the employees. I have a few questions related to this. What type of organization or advisor… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
25,712 satisfied customers
I want to set up SOLO 401k. Im self employed LLC without employees.
I want to set up SOLO 401k. I'm self employed LLC without employees. Can you offer a guidance with steps necessary to accomplish this.… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
25,712 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)

2,225 satisfied customers

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

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

2,201 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

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

sgriffin26

sgriffin26

Loan Officer

93 satisfied customers

Licensed RE Agent, Loan Officer, and NMLO. I have been in residential lending for over 10 years.

< 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