Welcome to Ask Jan Jaffin
Search by Keyword

Search by Keyword

Product Categories

Product Categories

Questions & Answers

Questions & Answers

Articles

Articles

Welcome!

Welcome!

I am a knowledgeable financial professional with over 15 years experience in helping individuals reach their retirement goals.

If you have a specific question please contact me at:  askjanjaffin@aol.com. I will make every effort to answer the question in a prompt manner.  If I determine that the question is worthy of interest to other visitors, I will publish it on my site.  I will never divulge your last name or e-mail address.

Please check out the articles I have written on different retirement issues.  I will be adding more pertinent information all the time.

For more information and special deals related to any of the issues on this page, place your cursor over the double-underlined links. All information supplied by Kontera.com.

Featured Question

Featured Question

Roth IRA Rollover

Roth IRA Rollover

I plan to retire in less than 2 years. I have a substantial amount of money in traditional IRA accounts. I would like to roll it over into Roth IRAs, but do not want to trigger a higher tax bracket or the dreaded AMT tax. Since any amount rolled over to a Roth would be added to my taxable income, does this mean the amount would also be considered in my Social Security wages for benefit calculations? If so, it might be advantageous for my year of retirement to be only a partial year. Then my rollover might not trigger a higher tax bracket and working only a partial year would not have a negative impact on my social security benefits.

Thanks

Susan from Bridgeport, CT

Answer>>
Read money blog to increase profitability of your small business.Get payday loans for all your unexpected money needs.
Bettertrades provides finance and stock market education .Follow bettertrades on twiiter to learn about breaking market news and company earnings.
Articles

Articles

When to Retire

When to Retire

One of the most important decisions you will make in life is the one regarding when to retire.  There are many considerations when you make this choice, among them:

            *Your health and medical history

            *The longevity of your family

            *Your ability and/or desire to continue working More>>
Is A Roth Right for You?

Is A Roth Right for You?

Beginning in 2010, the Tax Increase Prevention and Reconciliation Act lifted the restrictions on who can have a Roth IRA by allowing anyone, regardless of their income or tax filing status to convert their Traditional IRA to a Roth. Some articles and advisers are saying everyone with a Traditional IRA should convert to a Roth. However, not everyone would benefit from a Roth Conversion. More>>
Avoiding Penalties for Early Retirement

Avoiding Penalties for Early Retirement

The Substantially Equal Periodic Payments portion of the IRS Code 72(t) is of particular importance to early retirees, because it allows a person to access their IRA funds prior to reaching age 59 ½ without paying an additional 10% penalty.

More>>

Roll Over

Roll Over

With so much being written and talked about regarding Roth IRA conversions, you may be wondering whether you can “roll-over” your qualified retirement plan directly into a Roth IRA. The simple answer is “yes,” because of the passage of the Pension Protection Act of 2006. The new legislation allows eligible qualified retirement plan assets to be rolled over directly into a Roth IRA beginning January 1, 2008. There is no longer a requirement that the qualified plan be rolled over to a Traditional IRA and then converted to a Roth IRA. However, there are rules that must be followed when rolling over qualified assets to a Roth IRA:
More>>

Maximizing Your Retirement Savings

Maximizing Your Retirement Savings

You have contributed to Social Security your entire life, and now you wonder if it will be there for you when you are ready to retire. None of us have that answer, but there are ways to help ensure you maximize your opportunities to save for retirement.
More>>
Investing in an Annuity

Investing in an Annuity

People are retiring younger, living longer and have a desire for a better life in their later years. In many cases their savings are low or non-existent and pensions are scarce. The markets are constantly changing. many investors find they need fixed assets in their portfolios as they near retirement because of their desire for stability. Some people turn to CDs for this dependability, but many have invested in fixed annuities.

More>>

Choosing an IRA

Choosing an IRA

Choosing which IRA is right for your individual circumstances is very important. There are distinct differences in a Traditional IRA and a Roth IRA, however they are both good choices when saving for retirement.

An IRA can best be described as a "Basket" holding different investment options, i.e. stocks, bonds, annuities, CDs, mutual funds. Your investment choices will depend on several criteria, More>>
Traditional vs a Roth IRA

Traditional vs a Roth IRA

There are two different types of IRAs available today, the traditional IRA (deductible and non-deductible) and a Roth IRA.  Traditional IRAs are usually funded with pre-tax dollars, which means you will have to pay taxes on the entire amount when you withdraw your funds.  Roth IRAs are funded with after-tax dollars, and can be taken tax-free when certain conditions are met.  You may be hearing a lot lately about converting your traditional IRA to a Roth IRA in order to take advantage of tax-free withdrawals in retirement. More>>
Year End Tax Planning

Year End Tax Planning

Since we are in the last few weeks of 2009 and looking forward to a new year in 2010, now is an excellent time for a financial review to ensure you take advantage of every opportunity to increase your savings for retirement and lower your tax bill as much as possible.

More>>



Guest Articles

Guest Articles

Mortgage Market Dilemma

Mortgage Market Dilemma

As soon as 2009 came to an end, a lot of financial analysts have been predicting that mortgage rates are expected to go up. In the beginning of 2010, the Federal Housing Administration declared that amendments would be carried out to the FHA mortgage lending guidelines. FHA is the subsidiary of the Department of Housing and Urban Development in the United States.

These declarations over and above the banking dilemma that unstabilized the mortgage lending industry are compelling prospective mortgage loan borrowers to get well equipped prior to signing the dotted line. In getting ready for a new mortgage, increasing numbers of consumers are looking for online help. More>>
6 Smart tips to avoid mortgage modification scams

6 Smart tips to avoid mortgage modification scams

Mortgage modification is a viable option when you are struggling to make mortgage payments. But there are lots of mortgage modification scams happening nowadays. This article highlights 6 smart tips that can help in avoiding mortgage modification scams.

More>>



Payday Loans

Payday Loans

Unexpected expenses can happen at any time, and too many people are ill prepared to deal with them. Many times individuals just need enough money to tide them over to the next time they get paid. One option is to borrow money from friends or family, but too often that can place a person in an uncomfortable compromising position. Banks and loan companies are not interested in small loans, plus they can require collateral, credit checks, and extensive paper work. More>>



Payday Loan: A Great Aid

Payday Loan: A Great Aid

Loans are very important to people who have financial needs, especially during emergencies. This type of short term loan is an advance income requested to help individuals manage their finances more effectively. Pay day loans can be quick online loans which means borrowers can get the money requested on the same day as long as all the requirements needed are available. More>>



Copyright © Ask Jan Jaffin Indialantic, FL
askjanjaffin@aol.com
No endorsement is made of any products advertised on these pages.