Monthly Archives: January 2015

Bankrupt Planning

Q:        I think I need to file for bankruptcy. Should I cash out my 401k and pay back a loan from my parents first? A:        If you will be filing bankruptcy, the answer is NO! This would be a doubly … Continue reading

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Calling For Your Dreaming

Q:        How did we get a national holiday for Dr. Martin Luther King, Jr.? A:        The short answer is that President Ronald Reagan signed the Congressional act creating the day in 1983, to roughly correspond to Dr. King’s birthday, January … Continue reading

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Rollover, Pay Haven

Q:        I’ve been fortunate not to need my retirement yet. Can I still roll over my distributions tax free? A:        Previously, the IRS had followed a once-per-year tax-free rollover as applying to each individual IRA. This allowed taxpayers to take … Continue reading

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