by Claudia Mott | Jun 4, 2021 | Non-Qualified Annuity, Qualified Annuity, Roth IRA
Q. I’m 67 and I have a small annuity. Is it worth switching it to a Roth IRA at this stage? I still add to the annuity. — Investor A. There are several issues that come into play here. You didn’t say whether this is your only savings or what other kinds of retirement...
by Claudia Mott | Jul 11, 2019 | IRA, Roth IRA
Q. I have a question regarding the Roth IRA five-year rule. If I contributed $1,000 for five consecutive years, from 2010 to 2015, can I withdraw the full $5,000 plus gains in 2015 without penalty or do I need to wait until 2019 to withdraw the 2014 contribution? —...
