Investopedia Q & A

WILLIAM DESHURKO’S ANSWERS

How can a nontraditional college student gain more income to provide for a brighter future?

Well you could try and win the lottery, search www.ancestory.com for an unknown rich relative, or marry rich. Rule those out and your best alternative is to get that degree… Read More

Are qualified dividend paying stocks a reliable source of passive income for retirement?

Yes…Yes…and Yes!!! Not only are taxes lower on dividends then an IRA withdraw, but think of it this way; if you take regular distributions from a mutual fund within your IRA,… Read More

Does rolling over 401(k) funds to an IRA for charitable contributions satisfy my RMDs?

Regardless of the purpose, you can always roll over a 401(k) plan investment into a rollover IRA without paying taxes. Since the money is not taxed at this point and remains… Read More

How would rolling over my 401(k) to a Traditional IRA affect my contribution limit for 2017?

Rolling over a 401(k) plan account will have no effect on the amount you can otherwise contribute to a regular or a Roth IRA. Congratulations, you have a nice start on… Read More

Should I hold on to a temporarily suspended stock?

Well, if its been suspended, you don’t have much choice! Once the stock begins trading again, you will need to make that decision. My suggestion is to do as much… Read More

What should we do with two mature IRA CDs?

I see some form of this question all the time, and it is confusing. An IRA is not an investment, it is a tax designation that applies to virtually any… Read More

I received a lump sum pension when I retired. Can I roll this lump sum into a 401K or IRA?

You can roll it into an IRA and defer taxes until you make withdrawals. If you already received the money, you have 60 days from the receipt to deposit it… Read More

Are penny stock mutual funds a solid aggressive investment?

You assume that an “aggressive” mutual fund will make you more money than a less aggressive mutual fund. Why? Aggressive means more risk. Risk means there is an increasing possibility… Read More