It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
I saw something on the news yesterday about a credit for saving for retirement. I thought you could only get a deduction for an IRA [...]

Continue reading about A credit (not just a deduction!) for retirement saving: Friday Q & A

Michael on May 23rd, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
Say I invested 10% of 50k for 4 years (20k) and had 8% returns, but now things are tanking. How does a person decide [...]

Continue reading about To roll over or not to roll over: Friday Q & A

Michael on May 2nd, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
My employer does not provide a 401(k) plan. Therefore I have been looking into putting away money into an IRA. However, I’m having a [...]

Continue reading about Roth vs. Regular IRAs: Friday Q & A

Michael on April 25th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
I am considering declaring bankruptcy but I’m unsure of all the ramifications. I’m only 24 so I want to make sure this is the only [...]

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Michael on April 18th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
If I can’t do both a maximum 401(k) contribution and a maximum Roth IRA contribution, what should I do?
—Beth M., Ramsey, NJ
STRAIGHTFORWARD ANSWER: Contribute to your [...]

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Michael on April 11th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
In June 2006, I declared bankruptcy. I took it seriously and have reformed my financial ways. I now have a reasonable paying job, live within [...]

Continue reading about Friday Q & A: Obtaining Credit After Bankruptcy

Michael on April 4th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
Is the intention of the minimum requirement distribution of your IRAs to deplete them, little by little? Somewhere down the line my monthly interest will be [...]

Continue reading about Friday Q & A: IRA distributions during retirement

Michael on March 28th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
Hi. Perhaps you can help me with some specific advice? I’ve been following the standard rules for the past decade:

Get out of debt. [...]

Continue reading about Friday Q & A: Gearing up for a big transition

Michael on March 21st, 2008
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Based on the strong response, there’s definite interest in adding a Q & A element to this blog. Read more about the new Q & A feature, but the short answer is to email your questions and I’ll answer some of those based on originality, usefulness to other blog readers, and my general mood [...]

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Michael on March 17th, 2008
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You’ve got complicated questions? We’ve got straightforward answers.
Effective immediately, we’ve created a new email address for you to send your questions: questions@totalcandor.com
Since the reason we gather here is to learn about money, try to keep your questions related to one of the following topics:

Saving Strategies (How do I?)
Debt Management (Credit cards, mortgages, credit scores, etc.)
Investing [...]

Continue reading about Q & A Arrives!