Retirement and Taxes

Retirement planning, estate planning, and taxes.
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Recent Retirement and Taxes Conversations

I only have $78,000. in IRA. Home equity ranges from $120-130,000. in order to replace unsafe 2003 Toyota Sienna, I am considering taking $2-3,000. from IRA. What are choices and consequences? Thank you, Nancy Ingle
I have an old work 401k with about 21k in it. The last two years it has yielded between 12-16% in return. I have been open to the idea of rolling it into a Roth IRA for the tax benefits, but am not sure if I should because of the high return it is getting. When, if ever, is a good time to roll it in...
I am 64 yo and have a TSP account. I continue to work for a Texas state agency under a different retirement plan. I want to begin taking withdrawals on my TSP account as soon as there would be most advantagous for me tax-wise. In other words what is the best way to receive money for living expenses ...
Can I open a Roth IRA for my child?
does USAA handle living trusts or special needs trusts?
I have a roth IRA and a TSP account with money in both. With the government shutdown, would it be worth taking out a loan on either of these accounts to stay current on bills? If so, which would be better?
I am being offered a $40,000 cash out of my retirement benefits from a former employer. If I live to reach the age of 90 that would be only about half of what my benefit would be if I just wait. Would it be better to wait or cash out and invest. The benefit is only about $300 a month if I wait. Than...
BRS mid career bonus & other bonuses. I am an active duty officer and aviator with 9.5 years of service. I haven't found anything that can provide details on the mulitplier for the 8-12 years of service bonus if I decide to opt into the BRS. Along with the 8-12 year bonus, I will qualify for an avia...
I recently quit working at a place and had a Pension Plan set up there. Well since I am no longer employed by them, I now need to either cash out my Pension Plan or set up an IRA to transfer the money into. My question is this, which is better? and where would I place the money? If it is to go to an...
I am 39 years old and know nothing about investing my money, how do I get started and what is the best way to get started?