There are some great options for savings accounts, unfortunately you can’t put your drop money in most savings accounts without paying taxes on it first
OMG Don, exactly what you said at 8:44-8:53; we are terrified to see the initial deposit get reduced over this next year. Which parking accounts do you feel is the safest vehicle to protect against the banking crisis? Only interested in tax deferred parking.
Hi Hannah -- Set an appointment and we can discuss options. There are lots of ways to make sure your principal is always protected, but it's hard to know what to suggest without knowing your individual situation.
It all depends on when you want to come up with a plan. Some people like a plan before they enter DROP and some people prefer to wait. I’d said 6 months before you separate is the latest that you should speak with someone about coming up with a retirement plan.
I just opened a 5% interest savings account with CIT.
There are some great options for savings accounts, unfortunately you can’t put your drop money in most savings accounts without paying taxes on it first
OMG Don, exactly what you said at 8:44-8:53; we are terrified to see the initial deposit get reduced over this next year. Which parking accounts do you feel is the safest vehicle to protect against the banking crisis? Only interested in tax deferred parking.
Hi Hannah -- Set an appointment and we can discuss options. There are lots of ways to make sure your principal is always protected, but it's hard to know what to suggest without knowing your individual situation.
I'm 55 and have 30 yrs in. If I join drop it would be at 57. How far in advance should I be working with someone like yourself
It all depends on when you want to come up with a plan. Some people like a plan before they enter DROP and some people prefer to wait.
I’d said 6 months before you separate is the latest that you should speak with someone about coming up with a retirement plan.