Listener Q&A where Andy talks about:
- How to know if your 401(k) is good ( 5:57 )
- Is it safer to bank at multiple banks instead of just one ( 14:33 )
- How much tax should you withhold from your Social Security ( 21:10 )
- Whether each spouse needs to take out excess Roth IRA contributions if only one spouse's income put their Married Filing Joint total income over the Roth IRA contribution eligibility threshold ( 25:20 )
- Should you hire an advisor for a one-time Roth conversion analysis and plan if they claim it can save you millions in lifetime taxes ( 27:20 )
- Should you own international stocks in your stock allocation ( 31:58 )
To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com
Links in this episode:
- Form W-4V to have federal taxes withhold from your Social Security payments - here
- Dinkytown online tax return calculator - here
- My YouTube video on fixing excess Roth IRA contributions - here
- My article about the futility of trying to quantify the value of Roth conversions - here
Retirement Planning Education, with Andy Panko