IRA

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Asked by Justin
Answered by Paul Carag, Financial Adviser in Renton, WA
Justin - before I can advise you properly, I need to find out what you mean by 'owe a large amount to my SEP'. Are you referring to contributions for this year or di...
Q&A
Asked by Henry
Answered by John Cole, Insurance Agent in Indian Trail, NC
I like annuities and life insurance. 401k's and IRA's can be a good investment but to be honest there's too many hidden fees in those products. In today's economy in r...
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Asked by an anonymous user
Answered by Viviana Bigolin, Financial Adviser in Alta Loma, CA
Call me to discuss, My number is in my profile.
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Asked by Angie
Answered by Pamela J. Horack, , CFP®PRO+ in Lake Wylie, SC
Hi Angie! While I'm not exactly sure of the employer's intent based on your description, it sounds like he may have contributed to a SEP IRA for employees. This is a t...
Q&A
Asked by Ms MM Davis
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Hi - First off, you don't want to borrow money to pay your taxes. - that is a near sure road to an unhappy outcome. Secondly, you cannot borrow against (use as collat...
Q&A
Asked by an anonymous user
Answered by Phillip Christenson, CFA in Plymouth, MN
You can have both but you can only contribute a maximum of $5,500 (2015) in total to all of your IRAs. This means you could do $2,000 to a Traditional and $3,500 to yo...
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