Hi everyone, Is it possible for an American living in the states to have a bank account in Euros? Thanks for all answers. John --------------------------------------

Purely hypothetical. . . . Is there a way to pass on my $ 12,000 IRS yearly gift limit to my children and not worry that their "first spouse" will end up with half of it if things don't work out. Thanks -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup...

My wife and I have about $95K in retirement accounts (we're 29 and 30). That includes a mix of 401k, Roth and traditional IRA. But our after-tax savings are pretty small in comparison. Between checking and savings, we have $23K, $13K of which is about to go toward closing costs on the new house...

Hi all. We know that we should do all we can to get as much as we can of a company matching contribution to a 401k. Can anyone describe the benefit to, or discount to the company for it's contribution? I am quite sure a company bottom-line isn't lowered dollar-for-dollar. I know of billion-dollar...

I know the majority of the discussion in this group is about short term (emergency savings) or long term (retirement) investing. Are there any recommendations for investing on a mid term horizon, maybe 3 to 5 years? My wife and I both contribute well over matching to our 401ks. We've maxed out...

Though these new funds by "Vanguard" & "Fidelity" have the element of risk as do all investments, they could work much better for many than annuities. As a retiree for the past 17 years and now required to take Mandatory Distribution of my IRA, I will be transferring into one of these...

I heard on a PBS station that recycling companies are the current hot stock investment. This was the first I have heard this, and would welcome opionions on this subject. Thanks. -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to...

Misc.invest.financial-plan is a *moderated* newsgroup, meaning moderators review posts to assure compliance with the newsgroup's guidelines. In general you can expect that any well-tempered post dealing with general financial planning will be posted. Further: 1. Lengthy posts, cross posts,...

Hello, I am a 50 year old single man with no dependents who has a decent job with decent medical insurance, a defined benefit pension, 401k, some LTD coverage, and some money in the bank. I live in the Boston area. I was recently diagnosed with follicular lymphoma, and am currently in...

Is ownership of any kinds of stock prohibited within an IRA? Of special interest are commodity based ETFs like GLD or mining related ETFs like GDX. Thanks. -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations...

In my 401(k), I have a fair chunk of after-tax contributions. That money is eligible for rollover to an IRA. In such a rollover, a share of earnings comes with it. From talking to the plan reps, it looks like it's about half each, that is rolling over $10k of after-tax contributions would bring...

My day job provides 401k which I am maxing out (15.5k/year). I also have a side business that generates around 40k/year. I pay self employment tax every year, but can I contribute to a SEP ? -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators...

Where do you guys think is the best place to open on ROTH IRA? I was thinking TD Ameritrade? -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines...

There are several categories on interest in the tax code which brings up the question of what types of debt are best. Debt to finance a personal vehicle doesn't seem to allow a tax deduction for the interest. Mortgage debt on a principal home, on the other hand, does allow a tax deduction for the...

Many financial planners first decide on an asset allocation, for example 60% stocks 40% bonds and then find mutual funds or ETFs either passive or active, to implement the allocation. If an active manager is chosen, his job is to outperform his benchmark but *not* to shift to another asset class,...

I am reading that tax deffered account like 401K aren't so great because you end up paying ordinary income tax rates on the withdrawls. Is it better then to invest your money directly in stocks and just pay the long term capital gains tax rate, 15%? I have already maxed out my 401k and IRA's . Now...

Hi...I feel really dumb asking this but I know absolutely nothing about stock except that I have had some certificates setting in my deposit box for the past 17 years. They are worth about $67.000 now. Any ballpark figure about the cost for selling them? I don't know how to go about selling them....

Hi all. If one contributes to one's ROTH to the max, early in the year, and then manages to earn more than expected, into or beyond the contribution phase-out range, is the solution to simply withdraw the contribution amount? What if the contribution was invested, and gained before being liquidated...

Heard etrad is adding this to all online accounts…anyone hear anything about this http://www.iwantmyphonefactor.com

I've been offered a chance to invest in funding equipment leases. While researching the field, I haven't found anyone that can (or will) explain how to convert lease rates or money factors to interest rates. I an manually plugin and change an interest rate in a mortgage program until the interest...