Expertise Over 36 years experience - discretionary investment management, advisory service, stocks, bonds, mutual funds, annuities, IRA, Roth, 403(b), 401k, tax planning, tax preparation, retirement planning, tax reduction, life insurances. I hold five professional designations: QFP, CFP, RFC, ChFEBC, and Paladin Registered Advisor with a professional rating of five stars.
Experience First deaf Certified Financial Planner licensee (http://www.cfpboard.org/), General Securities Registered Representative (Series 7), Registered Financial Consultant (http://www.iarfc.org/), Registered Investment Advisor, Qualified Financial Planner (http://www.iaqfp.org/), Admitted to Paladin Registry of Personal Financial Advisors (http://www.paladinregistry.com/); Chartered Federal Employee Benefits Consultant (http://www.chfebc.com/); Licensed Life, Health, & Disability Agent
Organizations Financial Planning Association, International Association of Registered Financial Consultants, National Association of Deaf, Alexander G. Bell Association of the Deaf, National Deaf Business Institute
Education/Credentials Gallaudet University, College for Financial Planning
Awards and Honors Who's Who in Finance and Industry, Who's Who in the World, NAD Flying Fingers Award, MDAD Distinguished Award, MCAD Business of Year, Montgomery (MD) County Business Award, 2007 Outstanding Business Person of the Year, Gallaudet University Department of Business
Q: I have been told that I can use my IRA to buy rental property. Is this possible and how? A: You can use the money in your IRA to buy real estate -- from raw land to single-family homes to ...
Q: Is is allowable to reinvest a portion of my IRA money into real estate, a condo, for example. Would ... A: Investing your IRA in personal real estate is allowable, however there are very specific ...
Q: I am concerned about the custodial relationship of the companies holding my IRA and 401K stocks. In ... A: Derek Joyce The cash and securities – such as stocks and bonds – in any brokerage account - held by ...
Q: I am 58 and have several IRAs' that amount to $60,ooo and I have credit card debt that is not ... A: This is a hard question to answer in a forum such as this. From a financial stanpoint, if you earn ...
Q: My company has terminated its pension plan. The value of my account is currently $30k. I am ... A: To clarify, the final amount of taxes you will have to pay will be dependent on your tax bracket ...
Q: Powerball winnings. I'm a better forming a trust or LLC to own the winnings? A: Bob I have to let you know that I do not give the legal opinions because I am not the lawyer. ...
Q: My mother passed away over a year ago. I am executor of the estate. She purchased some savings ... A: Brian The bonds cannot be liquidated until you show the document, ie., death certificates of those ...
Q: Could you explain the advantages and disadvantages of both preferred and common stock? I would also ... A: .. Stocks are characterized by the fact that companies pay dividends on them. As for preferred ...
Q: Why do all financial research focus on analysing top 500 listed companies only? A: Not all financial analyst research is performed on the largest 500 companies. There are analysts ...
Q: My monthly income is $8222 net. My partner has his own start up business which he's been working on ... A: The answer to this question is dependent on a lot of specifics and details which cannot be prudently ...
Q: My mother died very recently. My father is still alive, but they had entirely separate finances, ... A: Lee Don't know about canadian law but I'd bet you have a right to see the will and see if you ...
Q: Help. I'm waiting for a decision on SSD. I presently have a mortgage on a home which I purchased ... A: Lois Thank you for your grading of my service. Since you live in Florida, there is no State income ...
Q: Help. I'm waiting for a decision on SSD. I presently have a mortgage on a home which I purchased ... A: Lois If you file for bankrupcty, you may not have free from debts. Maybe a little. Anyway, if so, ...
Q: I am 28 yrs. old, female/R.N, engaged. Me and my fiance are big into the idea of NOT working our ... A: Darcie First question, what amount would you like to receive as an income every year when you no ...
Q: I am 28 yrs. old, female/R.N, engaged. Me and my fiance are big into the idea of NOT working our ... A: First of all, congrats on the proactive thinking in regards to retirement! To help answer your ...
Q: My daughter is in the process of a getting a divorce. Her husband's 401k will be divided 50-50. ... A: There are rules that allow people to borrow from their 401k without penalty. However, in this ...
Q: I withdrew 10K from an IRA for a first time home purchase. When I file my taxes, what kind of proof ... A: The document you should keep in record is the HUD Settlement. When you fill out the Form 5329 ...
Q: I own my home, have money in a Roth IRA, and have money in various investments. I am an older ... A: Larry Maybe this answer may not be what you want to hear. If you do have taxable income and do use ...
Q: How do I transfer/cash out my SEP account funds to purchase a new business without being taxed? I ... A: In certain instances you can take $$ out of retirement plans and IRA accounts without penalty, ...
Q: scenario: have married couple (both 72+), both have a traditional IRA. One spouse passes away, the ... A: John K again Yes, as long as the check says payable to your Bank IRA account registration name, it ...
Q: scenario: have married couple (both 72+), both have a traditional IRA. One spouse passes away, the ... A: John K If I do not answer your question correctly, please rephrase again. As far as I understand ...
Q: Bruce, this may be outside your area of expertise, but I appreciate you opinion. I own a VA, which ... A: Nathan Sucks right? Even worse is I suspect you bought a VA from a commissioned "advisor" and if so ...
Q: John, this may be outside your area of expertise, but I appreciate you opinion. I own a VA, which ... A: Since I do not sell annuities, I may not be the right person to ask, however, a couple of questions ...
Q: I am 54 years old with a substantial amount in conservative 401K that are loosing money what else ... A: Lynn I am not sure of your question --- because your 401K is still tax deferred until you retire ...
Q: I am 73 yrs old. I have a IRA CD that will mature in 3 more years. Can I withdraw the money now ... A: Kamire It is not the age discrimination. It is the failure of the bank's fidiucary duty to provide ...
Q: I am 73 yrs old. I have a IRA CD that will mature in 3 more years. Can I withdraw the money now ... A: Basically, if you withdraw any of the principal before the maturity date the bank may impose a ...
Q: i asked a question about why i, as individual should invest in financial securities and ur reply was ... A: As I hope you can appreciat, I answer many questions for users like yourself and often times the ...
Q: Schwarz, My mother recently passed away and I am the only child and sole beneficiary for her ... A: As a non-spousal beneficiary your options depend on the IRA plan established by the custodian. ...
Q: Can I set up a self directed IRA and use the funds to make real estate loans? Money from the fund ... A: Investing in direct real estate through an IRA is allowable, but complex. Since this is too ...
Q: I am 60 years old and am retiring from the US Postal Service. I have $200,000 in my Thrift Savings ... A: Larry Please visit this website: http://www.myfederalretirement.com/public/193.cfm as ...
Q: Schwarz, My son-in-law's brother is deaf, married (wife is partially deaf) and have 2 children. ... A: Mr. Mueller There may be no such organization that can communicate to deaf people regarding debt ...
Q: I am 63 years old and want to do a partial withdrawal from my 403B to pay down my house note. Is ... A: Jean Since you are passed by age of 59 1/2, there will be no penalty other than normal federal and ...
Q: I was investing in a 403B through a former non-profit employer for 5 years. I changed jobs a little ... A: It is important to realize you can invest an IRA or 403b "agressively" by having an allocation that ...
Q: I read an article today about Principal Financial may need more capital for losses incurred (ie ... A: The fact that your wife has $$ in Principal funds is unrelated to any potential financial problems ...
Q: I understand that early withdrawal of CD can cause a penalty. However, I have heard that if your ... A: Avery You may be confused between two things: CD has own withdrawal penalty if it does not mature. ...
Q: I have $10,000 I would like to invest in my child's behalf. I do not want all of it in an education ... A: If you want to retain control over the money until your child reaches the age of majority (18 or 21 ...
Q: I am a recetly divorced single mom with 2 children in college. 3 yrs ago I owed $101,000 (11 yrs to ... A: I wish I could offer advice for this situation, however, as you can imagine, there are many factors ...
Q: Contemplating relocating from SLC, UT to LA, CA. Current house is nearly paid off, has a fantastic ... A: Whether you sell or rent the old home and buy or rent a new one depends on specific circumstances ...
Q: My wife and I are trying to decide between selling our current home or keeping it as a rental ... A: Richard there are too many variables as far as your total financial planning to get to an answer. ...
