17 Burst results for "IRA CD"

"ira cd" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

01:42 min | 1 year ago

"ira cd" Discussed on News-Talk 1400 The Patriot

"Your best interest for your family's best interests let's start with the bank option this is probably the least complicated of all the bank will offer you an IRA CD which is a certificate of deposit or an IRA money market account the bank offers safety through FDIC insurance or coverage up to two hundred fifty thousand per account if you have more than two or fifty thousand you will need to open up multiple accounts at separate banks the big downside here is inflation risk in other words very low rate of return some of you already have this option and you know the rate of return is very low right now this option does not keep your funds very liquid another option I'm sorry this option does keep your phone very like what sorry about that another option you have is stocks bonds or even mutual funds with this category you will be shouldering all of the risks there are no guarantees in you could lose part or all of your money if you use a broker or even an investment adviser you will be paying sales commissions to the broker in an advisory fee to the investment adviser well this option does have the greatest growth potential also carries the greatest exposure to risk so you need to make sure that you understand the risks that you will be taking including the total number of fees and amounts to you will be paying when most people think of insurance they think of auto or homeowners insurance you want to think twice about insuring your home or auto against loss right did you know that you can also insure your IRA.

"ira cd" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

01:37 min | 1 year ago

"ira cd" Discussed on News-Talk 1400 The Patriot

"With the bank option this is probably the least complicated of all the bank will offer you an IRA CD which is a certificate of deposit or not IRA money market account the bank offers safety through FDIC insurance or coverage up to two hundred fifty thousand per account if you have more than two or fifty thousand you will need to open up multiple accounts at separate banks the big downside here is inflation risk in other words very low rate of return some of you already have this option and you know the rate of return is very low right now this option does not keep your funds very liquid another option I'm sorry this option does keep performed very like what sorry about that another option you have is stocks bonds or even mutual funds with this category you will be shouldering all of the risks there are no guarantees in you could lose part or all of your money if you use a broker or even an investment adviser you will be paying sales commissions to the broker in an advisory fee to the investment adviser well this option does have the greatest growth potential also carries the greatest exposure to risk so you need to make sure that you understand the risks that you will be taking including the total number of fees and amounts to you will be paying when most people think of insurance they think of auto or homeowners insurance you want to think twice about insuring your home or auto against loss right did you know that you can also insure your.

FDIC
"ira cd" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

02:04 min | 1 year ago

"ira cd" Discussed on News-Talk 1400 The Patriot

"We left off with. What are the most common IRA investment options? Many people think of an IRA also known as the individual retirement arrangement. Wasn't investment. The fact is an IRA is not an investment, and IRA type of money tax qualified money to be specific that must be invested, although there are numerous IRA investing options available. We will focus, our discussion on three most common categories, keep in mind at all options, have positives and negatives. What you need to do is review the options to determine which choice or combination of choices are in your best interest or your family's best interest. Let's start with the Bank option. This is probably the least complicated of all the Bank will offer. You an IRA CD, which is typical of deposit or an IRA money market account, the Bank offers safety through FDIC insurance or coverage up to two hundred fifty thousand dollars per account. If you have more than two hundred fifty thousand you wouldn't need to open up multiple accounts at separate banks, the big downside, here is inflation risk. In other words, very low rate of return, some of you already have this option. And, you know, the rate of return is very low right now. This option does not keep your funds very liquid. Another option. I'm sorry, this option. Does keep your funds very liquid sorry about that. Another option. You have is stocks bonds, or even mutual funds with this category, you will be shouldering. All of the risks there are no guarantees, and you could lose part or all of your money. If you use a broker or even an investment adviser you will be paying sales commissions to the broker in an advisory fee to the investment advisor, while this option does have the greatest growth potential. It also carries the greatest exposure to risk so you need to make sure that you understand the risks that you will be taking including the total number of fees in.

IRA FDIC advisor two hundred fifty thousand dol
"ira cd" Discussed on WGN Radio

WGN Radio

03:24 min | 2 years ago

"ira cd" Discussed on WGN Radio

"You can nearly two and a half percent. So do not renew a CD. True story, I've been a customer chase forever and ever in many many years ago. I thought I will have a couple of CDs for those original IRA's when we first came into vogue and see twenty-five years later how they work out. Well, I just got a note, we your CD usually we give people only zero point zero one percent yield. I'm this IRA CD. But because of a relationship we're going to give you hero point zero two percent. Oh, they took the money out past fifty nine and a half so no penalty, and I took the money out. This is ridiculous. Just take a look at your Bank, CDs, if they're less than two and a half percent, you need to go to treasury, direct dot gov and learn how to do that. Searching for treasury bills in my Conesa, Terry savage. I wanted to talk before we break here about you know, apple made a series of announcements on Monday. One of them was came in Chicago where you'll be able to use the Apple Pay on the, but they came out with this apple credit card, which will have no numbers on it. No security code, no expiration date number on it, no annual fees. Apple's doing just about everything what kind of reviews is this card getting is getting mixed reviews. But I think the word to apply to it is sexy as a credit card. It's enough. So unique except for the fact, you're right. What you won't have the physical card will now have no names number. So you can answer to a waiter. But the point is if you use it through technology Apple Pay you get a two percent cashback reward. Now, apple pays not ubiquitous. It's not everywhere, but it will grow, and so consumers will be attracted to this. It's not gonna do much for the impact the earnings of apple. But what the banks are seeing is a competitor. That's not just giving you is the travel rewards or is it a lower interest rate. This card will have a technology used with Apple Pay that is far more secure and inputting using with the physical card which you can use Apple Pay is not accepted. You only get one percent. So this is a new generation of financial technology that the banks I should be scared of not because Apple Pay. We'll take business away from them. Because it means they're going to have to step up their game in order to compete, and it should do a lot to. I look I love Apple Pay. But I've got my personal credit cards on my Apple Pay now. So so that I'm considering pretty secure. This has an extra element of security and authentication security and given what's going on in credit cards. I think this I think we're talking two years from now you're going to see this kind of use of credit cards. But the thing is you have to protect your phone. And my my phone duck. So I got a new which I swore I wouldn't have an apple two. And it's got face recognition. So I put it on with sunglasses the other day. Yes. It recognize me. That's gonna be a different kind of security. Able to use your car the real test. I'm told by women. I know in love is what if it recognizes you first thing in the morning without makeup. It's done that too. That's very savage. We're gonna take a break, and she's got some interesting tax advice some unexpected as far as I'm concerned. We'll talk about that after we get a check of the traffic.

apple Terry savage Chicago twenty-five years zero one percent zero two percent one percent two percent two years
"ira cd" Discussed on 710 WOR

710 WOR

04:16 min | 2 years ago

"ira cd" Discussed on 710 WOR

"Quarterback coming to you live. If you have questions on stocks bonds annuities or wake what's going on with the market. What do I do with my money? Call us for the stock market meltdown review. Went to us before the market meltdown. We would have maybe made you more conservative. So give us a call marshes on the line at eight hundred three to one zero seven ten if you have a question calls now eight hundred three to one zero seven ten go ahead. Marcia? Hi, josh. I'm calling because I just don't know. What to do? I am a senior seventy four years old. I have no stocks. I mean cash. Where to go from here. I don't know how to. Need some kind of income in order to make it to my life. And I just don't kill safe. In any kind of investment. So I'm just need some guidance. I wait until I was sixty seven to take social security. So I do have a higher amount there. But I live on the department from my from my IRA and my social security, and that's it. And what do you what have you looked into for places to put your money? Well, I have been in the stock market in the past. But would one time taken advantage of quite seriously? So I was afraid to do that ever again. And now, I'm at the point where I really haven't got any money to lose. Okay. How much are we talking about here? Well, I have about three hundred and forty thousand but I'm seventy four, and you know, my life expectancy is ten years. So that boils down to about between social security and slicing at my IRA for ten years about fifty thousand which in New York City is pretty difficult to do. Yeah. Well, one of the is you might be barking up the wrong tree. You may not be. You know, there are men men are from Mars and women are from Venus their investments from Mars earth and Venus. Now, what am I talking about? Well, you're stuck out on Mars in a way Mars investments are furthest from the sun. So they don't make as much money cash instruments, CDs money markets, and the like, you know, you can open it up put all your three hundred and forty thousand at the Bank. You could live for ten years and be okay, potentially. If fifty grand a year is going to do it for you. But it may just be too cold. You got thirty four grand a year. But then he get taxes. So you're probably netting. I don't know probably netting on that thirty four grand twenty eight grand. A year. You know, if you just put everything an IRA CD's. Well, you could do that. That's Mars, you could do Venus investing which is a little too close to the sun. So you might get burned. Right. That would be variable products. V for variable v for Venus, you would have stocks exchange traded funds bond funds are not principal protected. Those be. Assets that are not principal protected that. Yes, you could have a greater potentialities for growth, but you might get burn and with your history, you may not want to do that. So with three hundred and forty thousand when I would do is I would take I would come in for the review. I would look at a year's worth of living expenses. What do you need at the Bank? And then I would I would have about six to twelve months at the Bank. Then I'd put in the market only what you could afford to lose..

principal Marcia josh New York City ten years seventy four years twelve months
"ira cd" Discussed on News Talk KOKC 1520

News Talk KOKC 1520

03:53 min | 2 years ago

"ira cd" Discussed on News Talk KOKC 1520

"Brawls and the law gives the TSP up to two years to make the regulatory and operational changes necessary to enact these changes. So as you can see the TSP is going to become more user friendly when it comes to distribution options. We will keep you updated. As these changes are implemented before our discussion today, I will review the TSP as it is currently structured, and let's start with distribution options and limitations to the employees. The TSP allows only one partial withdrawal throughout the life of the account. So as an example, let's say the employees decided to leave the funds with TSP instead of taking advantage of the tax free transfer to their own IRA, and after they retire, they decide to take a long deserved vacation with their spouse and make a withdrawal request from TSP for say ten thousand dollars. It's going to be a very nice vacation. They get back from vacation and six months later. The refrigerator goes on the Fritz so they contact he s p to withdraw. Two thousand dollars to purchase a new refrigerator Representative of TSP informed. The employees that they have already exercised their one time partial withdrawal privilege and the request cannot be granted. So how's the employ going to get the funds out that they need? Well, they will be forced to choose one of the following TSP distribution options. Now, they could request a monthly income. But the problem is they don't need a monthly income. They just need a one time request for a lump sum, which they have discovered is not possible. If they choose the monthly option and try to cancel at the next month. They will not be able to do. So unless that cancelation request takes place during open season. So if the employee chooses that option, they will have a tax liability on funds. They really just don't need right now, not to mention loss of potential growth on that money. Again, very restrictive. Another option. The employee has is to annuity is the account which means TSP will take control the funds and transferred over to an account. That will have a defined payout. Over a specified period of time. Now, this would be a huge mistake because the employees no longer has access to the cash. This is an irrevocable election that is clearly not in the employees best interest. They could take distribution of the entire account. But of course, all of that money would be added to their income in the year, they receive it, and the tax liability could be enormous not to mention the fact that TSP will withhold a mandatory twenty percent for federal tax the final option and clearly the best option in most cases is to transfer the funds over to a personal IRA. So what are the most common IRA investment options? Well, many people think of an IRA also known as an individual retirement arrangement as an investment. The fact is an IRA is not an investment, an IRA is a type of money tax qualified money to be specific that must be invested now, although there are numerous IRA investing options available. We will focus our discussion on the three most common categories. Now. Keep in mind that all options, have positives and negatives what you need to do is review the options to determine which choice or combination of choices are in your best interest. Let's start with the Bank option. This is probably the least complicated of all. The Bank will offer you an IRA CD certificate of deposit or an IRA money market account. The Bank offers safety through FDIC coverage up to two hundred and fifty thousand dollars per account. If you have more than two hundred and fifty thousand you'll need to open up multiple accounts at separate banks. The big downside here is inflation risk. In other words, very low rate of return this option does keep your funds very liquid another option. You have is stocks bonds or mutual funds with this category. You will shouldering all of the risks..

TSP IRA FDIC Representative fifty thousand dollars Two thousand dollars ten thousand dollars twenty percent six months two years
"ira cd" Discussed on News Talk KOKC 1520

News Talk KOKC 1520

03:55 min | 2 years ago

"ira cd" Discussed on News Talk KOKC 1520

"To take multiple withdrawals and the law gives the TSP up to two years to, make the regulatory and operational changes necessary to, enact these changes so as you can see the TSP. Is going to become more user friendly when it, comes, to distribution options we will keep you. Updated as these changes are implemented. Before our discussion today I will review the TSP as it, is currently. Structured and let's start with distribution options and limitations, to the employees the TSP allows only one partial withdrawal throughout the life of the. Account so as an example let's say the employees decided to leave the phones with TSP instead of taking, advantage of the tax free transfer to their own IRA and after they retire they decide to take a long deserved vacation, with their, spouse, and Make a withdrawal request from TSP for, say ten thousand dollars it's going to be. A very nice vacation they get back from vacation and six months later the refrigerator goes on the Fritz so. They contact ESP to withdraw two thousand dollars to purchase a new refrigerator Representative TSP informed the employees that they. Have already exercised their one time partial withdrawal privilege and the requests cannot be granted so how's the employees going to get. The funds out that they, need well they will be forced to choose one of the following TSP distribution options, now they could request a monthly income but the problem. Is they don't need, a monthly income they just need a one time request, for a lump sum which they have discovered is not possible. If they choose the monthly option and try to cancel at the next. Month they will not, be able to do so unless that cancellation request takes place during open season so if the employee chooses that option they will have. A tax liability on, funds they really just don't need right now not to mention loss Of potential growth on that money. Again very restrictive another option the employee has is, to annuity is the account which. Means TSP will take control the funds and transferred over to an account that will have a defined payout over a specified period of time now this, would be a, huge mistake because the employees no. Longer has access to the cash this is an irrevocable election that is? Clearly, not in the employees best interest they could take distribution of the entire. Account but of course all of that, money would be added to their income in the year. They receive it and the tax liability could be enormous not, to mention the fact that TSP will withhold a mandatory twenty percent for federal tax the final option and clearly the, best option in most cases is to transfer, the funds over to a personal IRA so what. Are the most common IRA investment options, well many people think of an IRA also. Known as an individual retirement arrangement as an investment the fact It is an IRA is. Not, an investment. An IRA is a type of money tax qualified money to be specific that must be invested now although there are numerous IRA investing options available we will focus our discussion on the three most common categories. Now, keep in mind that all options have positives and negatives what you need to do is. Review the options to determine which choice or combination of choices are in your. Best interest well let's start with the Bank. Option this is, probably the least complicated of all the Bank will offer you an IRA CD certificate of deposit or an IRA money market account. The Bank offers safety through FDIC coverage up to two hundred and fifty thousand dollars per. Account if you, have more than two hundred and fifty thousand you'll need to open up multiple accounts at separate banks. The big downside here is inflation risk in other? Words, very low rate of return this option does keep your funds very liquid another option you. Have is Stocks bonds or mutual funds with this category. You will these shouldering all of the risks there are no..

TSP IRA Bank ESP Representative FDIC fifty thousand dollars ten thousand dollars two thousand dollars twenty percent six months two years
"ira cd" Discussed on KTRH

KTRH

06:34 min | 2 years ago

"ira cd" Discussed on KTRH

"Area by going to investingsense dot. Com so, we talked about this before Henry he, has sent. In. His portfolio for a, review this, week, and Henry writes I have, all of my. Retirement money at the Bank in an IRA CD I'm sixty eight and. A, half still, working I don't have any, plans to retire. I've been, collecting social security for a few years and I just put the, money in savings even if I wasn't working I could be about the same financially what if any other suggestions would, you have for me. Man this is Henry this is awesome I mean. Thanks for taking some time to right here because what you what you've done you're. Bringing into focus and other side Something that we talk a lot about here on the show we talk a. Lot about risk on investing sense and. A lot of times this risk is from the perspective of, losing money but, here risk is actually divided between the impact of longevity and inflation on your. Money and the reality that you might not. Be taking on enough risk with this. Money there at the Bank so Henry is still working at sixty eight and I love what he said he said I, don't have any plans to ever retire. Those those are, a couple of good signs that he's, probably? Still in good. Health and could. Live a, pretty good while longer yeah exactly so I mean why create a situation where, you are working harder than your money Everything should be. Synchronized in terms of what's being done for your, financial picture and if anything try to have your money working harder for you. So Henry your risk here is that your CD returns could continue to fall short of inflation what that means is you're actually losing money in this you know quote unquote seemingly safe investment there. At the Bank I went ahead and checked. Out what the CD rates are. Right now, just logged onto bankrate.com here's what I'm seeing so. The national average for a one year is two point four percent three years is at two point four seven and the. National, average. For a five-year, CDs two point seven three percents are pretty stingy with the base So two things here with these numbers they? Reflect how bonds with shorter maturity's we. Talked about this earlier blondes with shorter maturities right now have relatively higher yields compared to the longer maturities. And average historic inflation is at or above. These yields so what that means is you're absolutely setting yourself up to lose. My all this, leads me to want to talk about a little. Bit different investment approach for Henry and how he may be should consider a little bit more. Balanced portfolio even something along the lines of you know, like a, fifty, fifty, stock bond allocation versus one hundred percent. There in CDs so we know where the CD rates are you just. Mentioned the fifty fifty. Portfolio what are the. Historical rates of return on that so vanguard studied this fifty, fifty portfolio. They went back and they looked at, the, historical performance going all the way back to. Nineteen twenty, six, here's what they found the average annual return Turn, was eight point four percent the best. Year was in nineteen thirty three the portfolio gained thirty two percent the worst year was in nineteen thirty-one were the portfolio lost twenty two percent and since nineteen twenty. Six the portfolio has had only seventeen losing years mean to put that another. Way since nineteen twenty six the portfolio has been profitable over eighty percent of the time that that's pretty impressive and by the way so that return since nineteen. Twenty six that was eight point, four percent, yes so it take that information and compare it to the returns of that. Glorious three or CD that you that you. Were talking about the thing is that. CD is inside an IRA Henry is getting close? To required minimum distribution time those are. MD's that's where withdrawals have to start per the feds so what I wanna do is I wanna compare. Some performance here and I want to assume Twenty two. Percent marginal tax. Rate for this comparison so what we're gonna do. Is we're going to compare what's what's happening to a hypothetical brokerage or taxable account all right So ten. Year timeframe Starting balance a four hundred thousand dollars and at twenty two. Percent marginal tax. Rate Bob. Richards go all right let me get it. All into the calculator let's first take the three year CD that's growing at two point. Four seven per year. The next ten, years so after. Taxes it's not bad four hundred. Eighty four. Thousand dollars all right so let's do that same example with the returns from the fifty percent stock fifty percents bond. Portfolio at eight point four percent return that you mentioned, and after ten years. That's a pretty dramatic seven hundred and. Fifty, four thousand dollars yeah three hundred and fifty, thousand. Dollars. More, nice right yeah yeah that is the. Power of compound growth it's why Einstein basically called an Americal but looked. To seize this opportunity you gotta be able you gotta be willing to take at least some. Risk with your money if, you can do this you could Be putting yourself in a much better place financially compared to where you would. Have been not taking any risk at, all right the three year CD versus the fifty fifty stock bond so. Henry heads up. Check your. Email because I'm gonna afford some ideas on. How you might slice up that fifty fifty stock bond allocation among some different funds but. Look besides Henry you. Gotta ask yourself, is my money. Working as hard as I am. And if. The answer is no where if you can't answer that question it's probably time to get some help and it's probably. Time to build a personalized financial plan so you can, start to answer that. Question with a yes so do this. Get. To investingsense.com type your zip and start a, conversation. There. With, our local team coming up on the. Show something very cool we've not done this before Andy has invited a. Family friend named Bob into the studio to have a conversation with him about his journey to. Retirement anti I thought your, idea was Brilliant you invited Bob in. So we can all learn from someone who's already retired, it's. A fascinating conversation in some of what you'll hear about making it to retirement get might surprise you.

Henry Bob MD Andy Richards Einstein four percent three year four hundred thousand dollars four thousand dollars one hundred percent thirty two percent twenty two percent Thousand dollars eighty percent fifty percent three years five-year ten years
"ira cd" Discussed on News Talk KOKC 1520

News Talk KOKC 1520

03:27 min | 2 years ago

"ira cd" Discussed on News Talk KOKC 1520

"And the law gives the tsp up to two years to make the regulatory and operational changes necessary to enact these changes so as you can see the tsp is going to become more user friendly when it comes to distribution options we will keep you updated as these changes are implemented before our discussion today i will review the tsp as it is currently structured and let's start with distribution options and limitations to the employees the tsp allows only one partial withdrawal throughout the life of the account so as an example let's say the employees decided to leave the phones with tsp instead of taking advantage of the tax free transfer to their own ira and after they retire they decide to take a long deserved vacation with their spouse and make a withdrawal request from tsp for say ten thousand dollars it's going to be a very nice vacation they get back from vacation and six months later the refrigerator goes on the fritz so they contact esp to with draw two thousand dollars to purchase a new refrigerator representative tsp informed the employees that they have already exercised their one time partial withdrawal privilege and the requests cannot be granted so how's the employees going to get the funds out that they need well they will be forced to choose one of the following tsp distribution options now they could request a monthly income but the problem is they don't need a monthly income they just need a one time request for a lump sum which they have discovered is not possible if they choose the monthly option and try to cancel at the next month they will not be able to do so unless that cancelation request takes place during open season so if the employee chooses that option they will have a tax liability on funds they really just don't need right now not to mention loss of potential growth on that money again very restrictive another option the employee has is to annuity is the account which means tsp will take control the funds and transfer it over to an account count that will have a defined payout over a specified period of time now this would be a huge mistake because the employees no longer has access to the cash this is an irrevocable election that is clearly not in the employee's best interest they could take distribution of the entire account but of course all of that money would be added to their income in the year they receive it and the tax liability could be enormous not to mention the fact that tsp will withhold a mandatory twenty percent for federal tax the final option and clearly the best option in most cases is to transfer the funds over to a personal ira so what are the most common ira investment options well many people think of an ira also known as an individual retirement arrangement as an investment the fact is an ira is not an investment an ira is a type of money tax qualified money to be specific that must be invested now although there are numerous ira investing options available we will focus our discussion on the three most common categories now keep in mind that all options have positives and negatives but you need to do is review the options to determine which choice or combination of choices are in your best interest well let's start with the bank option this is probably the least complicated of all the bank will offer you an ira cd certificate of deposit or an ira money market account the bank offers safety through fdic coverage up.

ten thousand dollars two thousand dollars twenty percent six months two years
"ira cd" Discussed on 710 WOR

710 WOR

01:38 min | 2 years ago

"ira cd" Discussed on 710 WOR

"To go to the phone lines at eight hundred three to one zero seven ten go ahead katherine go ahead hello yes i'm calling about just what you're talking about the ira is there a penalty or can you do it yourself just moved for any of your ira from one bank but i'd say to a credit union do you have to wait for certain when they expire the amount of time you took them out for well there's the if you have an annuity or a cd and it's a five year cd and you want to transfer it to another bank or if you have a five year annuity and you're near three of your five you want to check with the financial institution governing the the product because they might have their own rules as far as the irs rules are concerned if you have an ira cd with acme bank and you wanna make it an ira cd with xyz bank all you need to do is request a trustee to trustee transfer that's if the funds are liquid i also don't know you know other than having an emergency fund of six to twelve months in the bank i'd recommend everybody look for other opportunities to get you make your money work for you more so if you're like that and you a lot of money sitting at the bank doing nothing there are conservative things you can do with your money that hopefully yield a little more than what you get at the bank you can call us at eight eight eight nine.

ira trustee katherine irs five year twelve months
"ira cd" Discussed on WPRO 630AM

WPRO 630AM

01:31 min | 3 years ago

"ira cd" Discussed on WPRO 630AM

"It the best way in my opinion is a direct custodial transfer which means you never take possession of the money of just moves from custodian a two custodian be in they just effect that transfer or rollover from one ira to another so many people take advantage of doing that i mean just think of it in a simple contacts especially folks that have been retired for very long time many many of our clients have cd iras so they have an ira will they have a cd in it so if the interest rates are better at a different bank they will think nothing of moving at cd when it matures over to bank aaa when they were in bank be so it's a very simple thing to do and it just involves the trustee of one ira by the request of the investor to send the rollover amount to trustee of the other ira so it's pretty straightforward it's done on a pretty simple basis it's pretty quick however there there is one caveat i want to mention here if you do a rollover where you actually take possession of the money will then you can only do one of those during a 12month period so the rule for that is you have a 60day window so if you went abancay cashed out your ira cd and let's just use a simple example of they took fifty thousand dollars and then he went over the bank be is it okay here's a fifty thousand dollar cheque i want to put this into a an ira your bank.

interest rates trustee fifty thousand dollars fifty thousand dollar 12month 60day
"ira cd" Discussed on KSFO-AM

KSFO-AM

01:44 min | 3 years ago

"ira cd" Discussed on KSFO-AM

"And setting up a time to be next week and hey real quick before we get going when you send in your email there's a lot of back and forth between you and me in terms of other information that i need age risk tolerance sometimes we have to look at other parts of your current portfolio because i'm taking you through all of our all of our checklists all of our internal processes because i to do for you what's your what we're doing for for our clients there in the office so these emails the review they're they're kind of standins for what we for where we would be meeting over hours and days this is what you should be getting from your current advisor chances are you're not so really take this opportunity get some help her it if you would like to have andy review your portfolio here on the show send us an email to askandy investingsensecom and just right portfolio review in the subject line now to this week's review it comes from henry henry rights i have all of my retirement money at a bank in an ira cd i'm sixty eight and a half still working i don't have any plans to retire i've been collecting social security for a few years and just put the money in savings even if i wasn't working i would be about the same financially what if any other suggestions would you have for me thanks yes so first of all i love henry's approach to retirement and in some ways i think that that that henry situation represents really the future of retirement right you work if you want to you you you think about things differently but it's based on your particular goals your particular situations but the the thing that i really drilled in with henry was about my concern with keeping all of this retirement money in cds amid.

social security advisor andy henry henry
"ira cd" Discussed on WJR 760

WJR 760

01:55 min | 3 years ago

"ira cd" Discussed on WJR 760

"Up a time to meet next week and hey real quick before we get going when you send in your emails there's a lot of back and forth between you and me in terms of other information that i need age risk tolerance sometimes we have to look at other parts of your current portfolio because i'm taking you through all of our all of our checklists all of our internal processes because i want to do for you what's your what we're doing for for our clients there in the office of these emails the review thereof they're kinda stand in ends for what was for where we would be meeting over hours and days this is what you should be getting from your current advisor chances are you're not so really take this opportunity get some help here and if you would like to heavy andy review your portfolio here on the show send us an email to askandy investingsensecom and just right portfolio review in the subject line now to this week's review it comes from henry henry rights i have all of my retirement money at a bank in an ira cd i'm sixty eight and a half still working i don't have any plans to retire i've been collecting social security for a few years and just put the money in savings even if i wasn't working i would be about the same financially what if any other suggestions would you have for me thanks yes so first of all i love henry's approach to retirement and in some ways i think that that that henry situation represents really the future of retirement right you work if you went to you you you think about things differently but it it's based on your particular goals your particular situations but the the thing that i really drilled in with henry was about my concern with keeping all of this retirement money in cds amid bankratecom right now we're looking at cd rates here's what i'm seeing you got a one year cd at one point six five percent you've got a threeyear cd at two percent in you.

social security advisor andy henry henry six five percent two percent threeyear one year
"ira cd" Discussed on KOA 850 AM

KOA 850 AM

01:55 min | 3 years ago

"ira cd" Discussed on KOA 850 AM

"Up a time to meet next week and hey real quick before we get going when you send in your emails there's a lot of back and forth between you and me in terms of other information that i need age risk tolerance hence sometimes we have to look at other parts of your current portfolio because i'm taking you through all of our all were checklists all of our internal processes because i wanna do for you what's your what we're doing for for our clients there in the office so these emails the review they're they're kind of standins for what was for where we would be a meeting over hours and days this is what you should be getting from your current advisor chances are you're not to really take this opportunity get some help her and if you would like to have andy review your portfolio here on the show send us an email to askandy investingsensecom and just right portfolio review in the subject line now to this week's review eu it comes from henry henry rights i have all of my retirement money at a bank in an ira cd i'm sixty eight and a half still working i don't have any plans to retire i've been collecting social security for a few years and just put the money in savings even if i wasn't working i would be about the same finance chile what if any other suggestions would you have for me thanks yes so first of all i love henry's approach to retirement and in some ways i think that that that henry situation represents really the future of retirement right you work if you went to you you you think about things differently but it's based on your particular goals as your particular situations but the the thing that i really drilled in with henry was about my concern with keeping all of this retirement money in cds amid bankratecom right now we're looking at cd rates here's what i'm saying you got a one year cd at one point six five percent he got a threeyear cd at two percent and you.

social security advisor andy henry henry chile six five percent two percent threeyear one year
"ira cd" Discussed on WPRO 630AM

WPRO 630AM

01:56 min | 3 years ago

"ira cd" Discussed on WPRO 630AM

"Setting up a time to meet next week and hey real quick before we get going when you send in your emails there's a lot of back and forth between you and me in terms of you know other information that i need age risk tolerance sometimes we have to look at other parts of your current portfolio because i'm taking you through all of our all of our checklists all of our internal processes because i want to do for you what's your what we're doing for for our clients there in the office of these emails the review hugh th they're they're kind of standins for what was for where we would be meeting over hours and days this is what you should be getting from your current advisor chances are you're not to really take this opportunity to get some help her eight if you would like to have andy review your portfolio here on the show send us an email to askandy investingsensecom and jim right portfolio review in the subject line now to this week's review it comes from henry henry rights i have all of my retirement money at a bank in an ira cd i'm sixty eight and a half still working i don't have any plans to retire i've been collecting social security for a few years and just put the money in savings even if i wasn't working i would be about the same financially what if any other suggestions would you have for me thanks yeah so first of all i love henry's approach to retirement and in some ways i think that that that henry situation represents really the future of retirement right you work if you want to you you you you think about things differently but it's based on your particular goals your particular situations but the the thing that i really drilled in with henry was about my concern with keeping all of this retirement money in cds amid bankratecom right now we're looking at cd rates here's what i'm saying you got a one year cd at one point six five percent you've got a threeyear cd at two percent and you.

social security advisor andy henry henry six five percent two percent threeyear one year
"ira cd" Discussed on WIBC 93.1FM

WIBC 93.1FM

01:56 min | 3 years ago

"ira cd" Discussed on WIBC 93.1FM

"Setting up a time to meet next week and hey real quick before we get going when you send in your emails there's a lot of back and forth between you and me in terms of other information that i need age risk tolerance is sometimes we have to look at other parts of your current portfolio because i'm taking you through all of our all of our checklists all of our internal processes because i want to do for you what's your what we're doing for for our climb hence there in the office of these emails the review they're they're kinda stand ins was for would be meeting over hours and days this is what you should be getting from your current advisor chances are you're not to really take this opportunity get some help her it if you would like to have andy review your portfolio here on the show send us an email to ask him the at investingsensecom and just right portfolio review in the subject line now to this week's review it comes from henry henry rights i have all of my retirement money at a bank in an ira cd i'm sixty eight and a half still working i don't have any plans to retire i've been collecting social cured he for a few years and just put the money in savings even if i wasn't working i would be about the same financially what if any other suggestions would you have for me thanks yes so first of all i love henry's approach to retirement and in some ways i think that that that henry situation represents really the future of retirement right you work if you want to you you you think about things differently but it's based on your particular goals your particular situations but the the thing that i really drilled in with henry was about my concern with keeping all of this retirement money in cds amid bankratecom right now we're i'm looking at cd rates here's what i'm saying you got a one year cd at one point six five percent you've got a threeyear cd at two percent in you.

advisor andy henry henry six five percent two percent threeyear one year
"ira cd" Discussed on WGIR-AM

WGIR-AM

02:07 min | 3 years ago

"ira cd" Discussed on WGIR-AM

"The acid classbased any and the other thing i would be very cautious of his is there is a lot of of there's a lot of people touting different types of products out there you know like equity index the new season and all of stuff that all it does is puts a big commission in their pocket in doesn't do very much for the consumer i'd be very careful about looking at those sorts of things and any investment product there's a there's three people usually in the next there's the investment company that runs the product there's the person that's recommending the product to you and then there's the client i saw three people for unfortunately for a lot of investments usually only two other three people make money the investment company in the guy recommend for to you and reliance left out on the on and that's not what we want to have happened in a relationship six four or five sixty one sixty one hey adema understand we have another caller wait near chat with us we do it is carol from exeter she's wondering how to make more on her ira all right carol how are you doing this morning we sort it can hear your by wow five year in britain it is over arming all of their working out we're not with the we okay i care what i'm going to do is is because you are breaking up i'm going to say goodbye and we'll answer that off here okay online got it all right thanks your call you know that's an interesting subject and we only got a few minutes before the end of the program so let let's tackled that a little bit sure sure so it sounds like the the ira's invested at the bank either in a an ira cd alba in some type of fixed rate uh vehicle in and she is absolutely right the interest rates are our young abysmal their terrible uh and and that type of environment um but that's why you need a more diversified portfolio there's pretty much almost no risk in that type.

exeter ira carol interest rates britain five year