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 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. ...
Q: In your opinion, what are the best options for putting emergency money. They suggest that you have ... A: For emergency funds, I would agree with the thought of using a money market account, CD, or some ...
Q: I am 57 yrs. old. I have a 12 month IRA CD coming due next month. Can I roll this over to another ... A: As long as you roll the proceeds into another account titled in the name of your IRA there will be ...
Q: I hope you can help me make a decision. I am a divorced mother of two. I get $2000 a month in ... A: Your question is a good one and unfortunately too complicated to give a direct answer in a forum ...
Q: How does a structured depsoit work ? Please explain it with stocks or interest rates ? A: A structured deposit is essentially a combination of a deposit and an investment product, where the ...
Q: Mr. Schwarz, Thanks you in advance for your time. I have just been presented with an opportunity ... A: Christina The only one simple answer is NO. In order to make the decision, will the investment ...
Q: I have a question, if you are laid off from your job, can you access your 401k like take it out of ... A: Sharon The simple answer is that as long as you are still on company's payroll, you may not be able ...
Q: I have a question, if you are laid off from your job, can you access your 401k like take it out of ... A: It is up to each employer's policy - if your job is terminated, you can transfer to your traditional ...
Q: I am a single 65 year old NY State resident making about $60K a year. I have some savings that I ... A: Tom None of this information is related to any specific security including the Vanguard. You are ...
Q: I have a question about investing $200,000 for my church. I would like some advice as to how to best ... A: Already answered this but I think the mail bumped back: Ben Since you indicated you might need it ...
Q: I have a question about investing somewhere between 100 to 200,000 for my church. I would like some ... A: Ben Since you indicated you might need it in 2 or 3 years, put it in a high yield savings account. ...
Q: Can I rollover my 401k to an IRA while I am still working at my company? The fund choices are very ... A: Yuri By regulations, you may not be able to transfer your 401K out until you terminate your job ...
Q: I recently changed companies and want to move my 401k to end paying additional administrative fees. ... A: The comments about rolling your 401k to an IRA are somewhat correct, however, I would not let that ...
Q: I recently changed companies and want to move my 401k to end paying additional administrative fees. ... A: Judy Yes, there is always an opportunity cost when moving money around and this opportunity cost ...
Q: I need some advice concerning which short term savings/investment avenue to take. What would be the ... A: John In terms of current markets and your short term goal, saving accounts, CDs, money market ...
Q: I am 61 years old born 06/07/1947 I am getting $427. @ month for a long-term disability it pays ... A: This does make a difference, however, not a huge difference. In order for the $13,000 to provide ...
Q: I am 61 years old born 06/07/1947 I am getting $427. @ month for a long-term disability it pays ... A: It might be complicated beyond this forum based on your other financial planning concerns but in a ...
Q: I am 61 years old born 06/07/1947 I am getting $427. @ month for a long-term disability it pays ... A: Unless there are details I am unaware of, this is a terrible deal and Aetna should be ashamed of ...
Q: Bruce - We need about $20K in cash to pay for remodeling and home improvement expenses. Is it best ... A: Jim I assume you are over 59.5 years old. If under 59.5, HELOC for sure in any case. Over 59.5, do ...
Q: I would like to rollover 401K account from my previous employer into two 401Ks, one managed by a ... A: Bonnie YOu can split the rollover - one to 401K and the other to your "IRA" account where you can ...
Q: I turned 70 in January 2008, and I will now begin receiving distributions from my 401K, Simple IRA, ... A: Lois The simple answer for all retirement accounts is, " Must start withdrawing funds at age 70 1/2 ...
Q: Can an irrevocable trust purchase and sell land to add value to the trust without affecting Medicaid ... A: It sounds like it is a Self Settled Special Needs Trust, also known as an OBRA Trust. In the Trust ...
Q: Can an irrevocable trust purchase and sell land to add value to the trust without affecting Medicaid ... A: The answer to this question isn't very straightforward. Please clarify a few things: 1) who is the ...
Q: I'm engaged and my fiance and I are looking to purchase a home, a first home purchase for either of ... A: Kevin To borrow from 401K is costly than to borrow from the lender as a home equity loan - just ...
Q: Have you heard of 123College? They purport to have a turn-key system to conduct searches for all ... A: I have heard of 123college, however, I am not very familiar with their website nor their tools. In ...
