Can I collect Social Security if I still have a job?

June 30, 2024 No Comments

A: It’s possible to collect Social Security while you are still employed. You can collect both Social Security retirement and survivorship benefits (though not at the same time) even if you are currently employed. Each year, the Social Security Administration (SSA) reviews the earnings for

Can I collect Social Security if I still have a job?

July 7, 2024 No Comments

Can I convert non-deductible contributions made to my Traditional IRA to a Roth IRA without being taxed?

June 30, 2024 No Comments

A: You can convert the contributions to a Roth IRA; however, a portion of the amount you convert to the Roth will be subject to income tax. When your Traditional IRA balance consists of deductible and non-deductible contributions, any amount distributed or converted from the

Can I convert non-deductible contributions made to my Traditional IRA to a Roth IRA without being taxed?

July 7, 2024 No Comments

Can I have a self-directed IRA or Roth IRA using the forex market?

June 30, 2024 No Comments

A: In the U.S., one of the best ways for individuals to protect their income from taxes and save for retirement is by using an individual retirement account (IRA). IRAs come in many forms that can be tailored to specific individual preferences. However, significant rules

Can I have a self-directed IRA or Roth IRA using the forex market?

July 7, 2024 No Comments

Can I leave my pension to my spouse when I pass away?

June 30, 2024 No Comments

A: In most cases, an individual with a pension plan should have the option to leave at least a portion of his or her pension to a surviving spouse and/or child. Oftentimes, this can be done by purchasing an option on the pension plan. However,

Can I leave my pension to my spouse when I pass away?

July 7, 2024 No Comments

Can I roll a traditional IRA into a 529 college account for my grandchild?

June 30, 2024 No Comments

A: The short answer: Not without paying taxes. But as with much of the tax code, there are various nuisances and exemptions to expound. The IRS considers moving money from your IRA to a 529 plan as a distribution included in your taxable ordinary income.

Can I roll a traditional IRA into a 529 college account for my grandchild?

July 7, 2024 No Comments

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