Blog | MontereyPW

Mar 13, 2015

Question: When my husband died I became the owner of his two IRA accounts. They are now in my name and I take the requir...

Feb 20, 2015

Question: My only brother was killed in an accident last year. He left me $250,000 in his will. I plan to use $50,000 on...

Feb 13, 2015

Question: The S&P 500 stock market index, which is reported daily and prominently on financial websites, TV and radio, a...

Feb 2, 2015

Gary Alt, co-founder and financial advisor at Monterey Private Wealth in Pleasanton, CA, was quoted in a USA Today artic...

Jan 30, 2015

Question: My father left me his house in Pebble Beach when he died. He paid $60,000 for it back in 1970. His attorney ha...

Jan 16, 2015

Question: I have two IRAs, a contributory IRA worth $100,000 and a rollover IRA from a former employer’s 401k plan, also...

Jan 1, 2015

Happy New Year! It’s always a good idea to start off the year with a few important financial resolutions and pay particu...

Nov 18, 2014

Good for you for asking this question ahead of time! The answer is somewhat complex and the penalty for making a mistake...

Nov 14, 2014

Question: I work hard, have paid off my mortgage, and have been saving for retirement. My goal is to become wealthy enou...

Oct 31, 2014

Question: I am thinking about setting up a 529 college savings plan. My research tells me that they are available from a...