Q: I have been very frustrated with my portfolio this year. The S&P 500 and the Dow keep setting records, but my portfolio is lagging way behind. In fact, while
Q: I have received several emails pitching something called a “self-directed” IRA. It sounds like they would allow me to use my IRA to invest in things like rental property. Is this a scam or is it something I should consider?
Q: Early this year, I took a required minimum distribution from my IRA. When the pandemic hit and the government suspended RMDs for 2020, I was going to put the money back into my IRA so I wouldn’t have to pay taxes on it. I wanted to get it back into my IRA before the end of the year, but
I don’t know about you, but the rapidly approaching end of 2020 leaves me feeling a bit tired. On one hand, I find it hard to believe that we are already in December. (Didn’t I just put the Christmas decorations away?)
Retirement isn’t what it used to be. In the old days, a person could expect to retire with a nice pension. Nowadays, unless you work for a government entity, you probably don’t have a pension. Instead, most of us are on our own.
Is your retirement plan shark bait? How much do you know about your company’s 401k plan? I’m not talking about the kinds of investments your plan offers or the kind of company match it provides. I’m talking about the nitty-gritty details of your plan, like how much you pay in fees for investment management and plan administration.
Q: A couple of years ago, I decided to start my own consulting business. It has been doing pretty well and someone recently suggested I set up a solo 401k plan to reduce my taxes and boost my retirement savings. It is an S corporation. Would a solo 401k plan make sense?
Q: With interest rates as low as they are, my wife and I are looking at buying a larger home. Our credit is good and our mortgage banker assures us
The wildfires that spread through large areas of Monterey and Santa Cruz counties this past summer were stark reminders of how fragile our lives really are.
