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3
questions
0
votes
0
answers
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Post-hoc hardship to avoid early withdrawal penalty (US)
My wife and I took money out of our retirement accounts to pay for emergency repairs to our home in May of 2021. Unfortunately, we were not ordered to relocate or demolish, so it doesn't meet criteria ...
- 263
11
votes
2
answers
1k
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529 vs IRA for kids education and future scholarship
I have young kids going in preschool. I have already started investing in 529. However, many of my friends mention that if I invest single penny in 529 plan for my kids, they will miss out on any ...
- 131
8
votes
3
answers
2k
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How should minor children be listed as IRA beneficiaries?
I've heard conflicting information on how minor children should be listed as beneficiaries of an IRA. (And perhaps for life insurance.) This is where there is a testamentary trust to provide for the ...
- 10k