TV Appearance
Fox Business News
"Your Questions, Your Money"
Show Date: February 6, 2010
Rich Coppa answers your financial questions.
| Question: | “I am 68 years old and my
husband recently passed away and I do not get his retirement. My only
income is $791 per month via Social Security. I have $800k in CD’s,
should I convert that into an annuity?“
|
| Question: | “I just turned 70 ½ last month. I am retired and I am living
on my retirement pay and Social Security. My IRA’s total
$500k and my annual income is $75k.” “hould I convert my
traditional IRAs to a Roths?”
|
| Question: | “I’m 43 and make $75k. I’ve saved $40k in simple ROTH but that has
been stopped by my employer. I save $11,500 a year, put $5,500 into
the ROTH what should I do with the remaining cash?”
|
| Question: | “I am thinking of
purchasing a Charitable Annuity Trust for $15k.” “Does it provide an
attractive return on my investment?” |
