When Is Tax on A CD Due?

Richard Barrington
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Are you prepared for the tax consequences of your CD? You may have to pay taxes on your CD interest before you even receive that interest. Here's how you can be ready to pay the taxes on your CD interest when it comes due.

Should I Move My CD Into an IRA?

Richard Barrington
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Thinking of setting up an IRA? Learn how to choose between a Roth IRA and a traditional IRA and how to invest for long-term retirement savings.

How Much Retirement Savings Should an 83-Year-Old Have?

Richard Barrington
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How do you know you have enough money for the remainder of your retirement? A comparison of net expenses with retirement savings and other resources can help you find the answer.

How Long Can I Keep Money In A Traditional IRA?

Richard Barrington
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How long can you keep money in a traditional IRA? While you are required to start taking out some of your remaining balance each year beginning at age 70.5, you are never required to take out all of your remaining balance.

Can I Contribute Rmds to A Roth IRA?

Richard Barrington
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Looking to limit your taxes once you start taking retirement plan RMDs? The strategy of contributing some of that money to a Roth IRA has significant limits, but it does also have some benefit.

Lump Sum Distribution Vs. Monthly Pension Income

Richard Barrington
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How would you choose between monthly pension income and a lump-sum distribution? A present value calculation can give you part of the answer, but there are still some judgements to be made based on your situation.

Don't Rush IRA Withdrawals

Richard Barrington
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Even if you are old enough to take money out of an IRA without an early withdrawal penalty, there may be costs to taking out more than the required minimum distribution (RMD). See what you should know about planning your IRA withdrawals.

Investing to Make Money Quickly

Richard Barrington
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Looking to get rich quickly as an investor? The first step is to guard against throwing your money away by learning about risk and the difference between investing and speculating.

Should I Trade Stock Mutual Funds for CD ?

Richard Barrington
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Concerned about the volatile stock market? At times like these moving out of stocks may seem tempting, but it is not an entirely risk-free move. Understand how asset allocation can help reduce risk.

When Does It Make Sense to Pay an Early Withdrawal Penalty?

Richard Barrington
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Is your current CD rate lagging far behind today's CD rates? It might make sense to pay an early withdrawal penalty to earn more interest, so here's how to do the math and get the most out of that decision.

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