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I rolled over 10k from a 403b account to a traditional ira.
I rolled over 10k from a 403b account to a traditional ira. I then withdrew the 10k for a first time home purchase. I forgot all about the annual ira limit though. I am wondering the best way to corre… read more
Chad EA, CDFA®, CFP®
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I live in New Jersey, and I work for the state. I will be
I live in New Jersey, and I work for the state. I will be resigning in a couple of weeks after being at the department for about 2.5 years. I have a little money saved up in my pensions account which … read more
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I have a 401(K) that I'd like to rollover to either a
I have a 401(K) that I'd like to rollover to either a self-directed traditional or ROTH IRA. My goal is to income generation. Is there any possible way (excluding the well published exceptions like lo… read more
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I would like to start investing through a brokerage account
I would like to start investing through a brokerage account I have money in at 4:57 available to begin this transition or money from a scholar share or private savings how can I avoid capital gains ta… read more
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I have 10,000 plus interest in an annuity which I really cant
I have 10,000 plus interest in an annuity which I really can't afford to have. It is with PNC bank. Is there anyway to get my money without taxes and penalties?… read more
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My husband is 67, collects SS and makes a small salery uner
My husband is 67, collects SS and makes a small salery uner 10,500, and is married, but his name only on the accoutn, it is an IRA FBO from NY Mellon /Drefus,also called liquid assets - class 1, and h… read more
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I am in the process of purchasing a home and would like to
I am in the process of purchasing a home and would like to use some of the money I have sitting in a 401k with my previous employer. My Retirement specialist indicated that the only way I could use th… read more
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I withdrew money from an investment account and used it to
I withdrew money from an investment account and used it to purchase a home. Do I need to claim this as income and pay tax on it… read more
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I am a 56 yr old teacher just retired. I have two 403b acounts,and
I am a 56 yr old teacher just retired. I have two 403b acounts,and my plan is to roll both accounts into A Schwab retirement portfolio IRA and make monthly withdrawals to supplement my income. It is m… read more
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Im being forced to take payment of pension plan vested proceeds
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I am retired and want to move my 401K into an IRA. I have
I am retired and want to move my 401K into an IRA. I have an ESOP fund in my 401K plan with my Employer. The amount in the fund is $35,000 and the cost basis is $5600. I would like to take advantage o… read more
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Im 58 yrs old. I left my last job 40 days ago. I rolled
I'm 58 yrs old. I left my last job 40 days ago. I rolled my 401k that was with them into a Traditional IRA. Can I now roll a part of that into a Roth IRA pay the taxes in 2011 & 2012 then withdraw fro… read more
Merlo
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My mother died 3/17/10. My two sisters and I have inherited
My mother died 3/17/10. My two sisters and I have inherited two IRAs. I would like to purchase my mother's home from my two sisters (it is in all 3 of our names and not part of th estate). I would lik… read more
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On 12/10/08 I received a total distribution for my 401K in
On 12/10/08 I received a total distribution for my 401K in the amount of $53,954.53. Income tax was withheld in the amount of $10,790.91. I had a looan balance of $8494.06 and actually received a chec… read more
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tax advice on 401K,withdrawal for school purposes, rollovers
I left my last place of employment about a couple of weeks ago and have not yet rolled over my 401K. I want to go back to graduate school and have little saved because of the high cost of living where… read more
Bill
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I am 62 years old and still working I had 25,000 IRA with
I am 62 years old and still working I had 25,000 IRA with company called next financial company lost the money in the stock market i ended up with 13,000 i took the 13,000 out in FEB 2009. how can I a… read more
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I retired at 55 and am considering using the Rule of 55 partial
I retired at 55 and am considering using the "Rule of 55" partial withdrawal from my 40lK to pay off my home equity loan. I would like to withdraw $90,000.00 and roll over the balance of 120,000.00. I… read more
Merlo
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I am married, about 50 years old and have an IRA and a Roth ...
I am married, about 50 years old and have an IRA and a Roth IRA. They are both nice size and made of stock held by an online broker. I own a home but have a morgage of about 1/4th its purchase price t… read more
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