There's so much talk of raising taxes, one gets the feeling a tax increase is inevitable. The only questions left: WHICH taxes are going up, and by how much?
Danial in Metairie is concerned about rampant abuse and fraud in the PPP loans.
Frank in New Orleans is trying to restore his credit after a rough divorce.
David in Metairie is thinking about dipping into his 401k to pay off his rental property to free up some monthly income.
Lynn in Mandeville asks about using money from her IRA to pay off a rental property.
Why did my Medicare premiums jump, and my Social Security go down? Gregory explains to Jack in Madisonville that it's probably based on an increase in income from two year ago that's the culprit.
Lee in Hurley is turning 72 this year. When is he supposed to take his first Required Minimum Distribution?
Steve in Carriere asks Gregory about taking Required Minimum Distributions from his wife and shifting it to another IRA.
How much can you contribute to your 401k? Learn the maximum contribution limits for 2021 on your 401k, IRA, etc.
Suzanne in Abita Springs and her husband are getting a late start saving for retirement. How can they ramp up their savings, and where do they put it?
Wall Street's wild ride continues, as the trading of targeted stocks was halted by many retail trading outlets. After people, politicians, and media on both sides of the aisle cried foul, there may be legal consequences.
Steve in Pearl River is trying to buy a house out of succession from his two siblings. How does he go about paying off their ownership interests?
Gregory feels much of this current turmoil on Wall Street is fueled by a steady mix of bored gamblers, reckless day traders, and elite insiders, all amplified by how easy modern technology connects them. The average investor should not expect to beat the market.
Larry in Purvis and his brother were left some land by their dad. What are the tax consequences for inheriting land?
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