The office at JAG is closed for now, but I plan on making an appointment asap. So, I was hoping for the best info I could get before I consult an attorney. Husband is Army E-4 with 7.5 years in, no articles 15’s. DC BAH is around $1790. Been married the last 4.5 years of…

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http://westcapitaladvisor.com This component of the Loss Recovery and Savings Multiplication Program can double spendable retirement distributions from existing qualified retirement plan and IRA savings Duration : 0:6:32

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Andrew plans to retire in 60 years. He is thinking of investing his retirement funds in stocks, so he seeks out information on past returns. He learns that over the 101 years from 1900 to 2000, the real (that is, adjusted for inflation) returns on U.S. common stocks had mean 8.3% and standard deviation 20.8%.…

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The provisions fall into the following three themes: 1) Traditional savings accounts; 2) IRAs and their contribution limits; 3) Addressing minimum distributions from retirement accounts for seniors. Specifically, the legislation would do the following: – Exclude up to $500 (twice that amount for married couples) of interest income from gross income annually. – Permanently increase…

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I’m waiting for a distribution (one time payment) on a retirement plan. I have a lump sum payment coming in October (the plan administrator insists on a 90 day waiting period). Who would I ask to get an immediate payment (minus a fee) on this? I’ve seen ads for lump sums for injury settlements, but…

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H.R. 1424 Emergency Economic Stabilization Act of 2008 http://thomas.loc.gov/cgi-bin/query/C?c110:./temp/~c110JIik9X section 7701(a)(37) of such Code), in a distribution described in section 408(d)(3) of such Code, and (II) in the case of any other eligible retirement plan, in an eligible rollover distribution (as defined under section 402(f)(2) of such Code), and (ii) as having transferred the amount…

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My wife got laid off a few months ago and is working for another company and we can either roll it over to her new plan or take the distribution. ( I know the smart thing is to roll it over because shes not 59.5 and will be taxed 10%. Is it based on salary…

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I left my company last year and promptly rolled over all of my 401(k) *directly* to an IRA. I’ve done this several times before. I almost had a heart attack when I got a 1099 from them reporting 28% of it as a "Taxable amount". I surely intend to talk to them on Monday, but…

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Texas 47 yr old man remarries in same state, has a 3-yr old child. He owes back child support, 12,500+ arrears. Kids are now mid 20’s & living in another state where their mother lives. He’s been unemployed for the last 1.5 ys. He’s lazy and dislikes work. Current wife makes over $70K yr. She’s…

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Hi, I was thinking about this scenario recently: December 31st, 2035, I turn 70; December 31st, 2036 I’ll be 71. I will always take my RMD before Midnight, December 31st of each year once I begin taking them. To calculate RMDs from my and my wife’s IRAs (excluding Roth IRA) and my 401K, is the…

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