“I am considering moving the $500,000 into a brokerage account and living off the monthly interest earnings for the next five years.” – MarketWatch photo illustration/iStockphoto Dear MarketWatch, I am 40 years old, married, with two school-age kids. We have $500,000 in a 6-month CD earning 5%, which is approximately $2,000 per month. I am […]
Tag: wise
‘We’ve Got All the Building Blocks … It’s a Wise Investment’
Just as Toronto’s festival programmers are now teasing their first film picks, TIFF CEO Cameron Bailey shares with Variety his thinking behind the – oft-rejected – move to give the event an organized market. As a former artistic director at Toronto and now its CEO, how do you feel about cutting the number of films […]
3 Wise County teens injured, 16-year-old girl killed in Sunday morning crash on U.S. 281
One teenager died and three were injured in a single-vehicle crash near Perrin early Sunday morning, according to the Texas Department of Public Safety. The driver of a 2001 Dodge Dakota failed to negotiate a curve, causing the pickup truck to skid into a ditch and hit a fence and a tree before rolling onto […]
Is It Wise to Convert 10% of My IRA into a Roth Each Year to Avoid Taxes and RMDs?
Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals from Roth accounts in retirement are also free of federal income taxes. You can get those advantages for funds in your traditional IRA by transferring them into a Roth account. You’ll have to pay income taxes now on funds you […]
Picture Canvas Wall Art – 4 x 3 Inch – Symbolic Meaning – Wise Words –
Walnut-sized hail expected with thunderstorms in Denton and Wise counties Friday
An updated severe thunderstorm warning was issued by the National Weather Service on Friday at 5:39 p.m. in effect until 6:30 p.m. The storms are packing walnut-sized hail (1.5 inches). “At 5:39 p.m., a severe thunderstorm was located over Denton, moving east at 20 mph. Another severe thunderstorm was located near Rhome, moving east at […]
We have $4,000 a month in retirement income — and want to put $200,000 toward an annuity. Is this a wise decision?
“We have an appointment with a financial adviser this week.” (Photo subjects are models.) – MarketWatch/iStockphoto Dear MarketWatch, My husband is 70 and I am 63. We are both retired and have a combined monthly income of $4,000. We are considering purchasing a $200,000 annuity that would cover both of us, and I would like to […]
Dave Ramsey Against Overspending With Biblical Saying ‘In The House Of The Wise Are Choice Food & Oil, But A Fool Devours All He Has’
Dave Ramsey Against Overspending With Biblical Saying ‘In The House Of The Wise Are Choice Food & Oil, But A Fool Devours All He Has’ Financial guru and American radio personality Dave Ramsey, whose advice is particularly relevant for individuals struggling with budgeting and debt, has shared five fundamental principles for building wealth. One of […]
Dental Curette 7/8 Younger-Good. Dental Scaler & Curette by Wise Instruments
Is It Wise to Convert 20% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs?
Golf ball-size hail hits Wise County; tornado watch includes Tarrant, Dallas
Golf ball-size hail hit Wise County on Thursday afternoon as North Texas is under a tornado and severe thunderstorm watch, according to the National Weather Service. Hail up to 1.75 inches in diameter hit Wise County southwest of Chico around 1:15 p.m, the NWS reported. A tornado watch was issued by the NWS and is […]
Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs?
A Roth IRA has a couple of significant advantages. Most notably, they allow your retirement savings to grow tax-free (as opposed to tax-deferred) and they have no required minimum distributions (RMDs). If your priority is to control your retirement savings, then a Roth IRA might be the right choice. However, Roth IRAs have their disadvantages […]