Retirement Planning – FAQs

[accordions] FAQs
[accordion title=”Employer-sponsored retirement plans”]
Can I roll a retirement plan distribution into an IRA?
Can I still have a traditional IRA if I contribute to my 401(k) plan at work?
Does the federal government insure pension benefits?
How can I plan for retirement if my employer doesn’t offer retirement benefits?
I teach at a school that has a 403(b) plan. Is this type of plan a good way to save for retirement?
My company has a profit-sharing plan. How do these plans work?
Should I contribute to my 401(k) plan at work?
Should I use my 401(k) to fund my child’s college education?
What are my options if I inherit an IRA or employer-sponsored plan?
What does the term “qualified plan” mean?
What is vesting?
[/accordion]
[accordion title=”Evaluating an early retirement offer”]
Should I accept my employer’s early retirement offer?
[/accordion]
[accordion title=”Health care issues”]
Can I deduct premiums paid for long-term care (LTC) insurance?
How can I pay for nursing home care?
How can I tell if a nursing home provides high-quality care?
How do I enroll in Medicare?
How does Medicare+Choice work?
Should I buy long-term care insurance?
What is long-term care insurance?
What is Medigap?
[/accordion]
[accordion title=”Housing issues”]
I’m having a hard time selling my home. Should I take out a reverse mortgage?
I’m retired now and own my home outright, but I need money to live on. How can I use my home to raise some money without selling it?
My husband just died. Should I accept my daughter’s offer to move in with her?
[/accordion]
[accordion title=”IRAs”]
Can I avoid the 10 percent penalty tax for early withdrawals from a traditional IRA?
Can I contribute to a Roth IRA?
Can I roll a retirement plan distribution into an IRA?
Can I set up a traditional IRA?
Can I shift my traditional funds to a Roth IRA?
Can I still have a traditional IRA if I contribute to my 401(k) plan at work?
Can I take money from my IRA without any penalty?
I need money–can I take funds from my IRA?
It’s January, and I forgot to contribute to my IRA. Is it too late?
Should I invest in a Roth IRA or a traditional IRA?
Should I withdraw money from my IRA to pay for my child’s college tuition?
What are my options if I inherit an IRA or employer-sponsored plan?
What are required minimum distributions and how are they calculated?
What are the rules for IRA contributions?
What’s a premature IRA distribution, and what happens if I make one?
[/accordion]
[accordion title=”Saving for retirement”]
How aggressive should I be when I invest for retirement?
How can I plan for retirement if my employer doesn’t offer retirement benefits?
How can we possibly save for retirement and our child’s college education at the same time?
How late is too late to start saving for retirement?
How much money should I save for retirement?
How should I structure my retirement portfolio?
I think it’s time to start planning for retirement. Where do I begin?
What are catch-up contributions?
What should I do if I determine that my income during retirement won’t be enough to meet my retirement expenses?
[/accordion]
[accordion title=”Social Security”]
Are my Social Security benefits subject to income tax?
How can I get an estimate of my Social Security benefits?
I’m getting remarried. How will this affect my Social Security benefits?
Should I retire now at age 62 and collect Social Security benefits, or should I wait until age 65?
What happens if I start collecting Social Security after age 65?
When I retire, how much will I receive from Social Security?
Will my children receive money from Social Security when I die?
[/accordion]
[/accordions]