Retirement and Taxes

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

looking for financial expert to help me on the best advice to start saving for retirement or what type of plan to put toward to help me in the long run. I am not too familiar with all the plans out there. I am 32 years old and I am starting late.
Can my wife open an account on USAA.com and open her own Roth IRA rolling her TSP into it? She was a DOD civilian but is no longer working for the gov. She is not employed currently either but from what I understand, I can contribute to hers as long as we are filled jointly and make less than a cert...
Social Security question. My wife is 62 and could begin drawing $600/month now vice her full benefit of $800 at full retirement age. I'm 58 and ~10 years away from retirement. My benefit will be around $3600 meaning her spousal benefit would normally be $1800. If she takes her benefit now, what is t...
I am 53 and I have $46k in an employee 401k with a 3% match (I contribute another 3%), and about $30k in a Roth IRA that I haven't contributed to in 15 years (money went to kid's college fund). Should I..... - increase my 401K contributions to 6%, which would reduce my end of year tax burden and inc...
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...
In early drafts of the recently enacted tax reform bill, there was a lot of talk about potential changes to retirement contributions. But little actually changed when all was said and done. Proposals to eliminate the deductibility of contributions to retirement plans and to lower the cap on retireme...
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?