Today, Rob West and Steve Moore discuss some things to help get your kids on the right track financially. For example, help them set up a simple budgeting process., setting aside 1/3 for saving, 1/3 for giving, and 1/3 for spending. Next, Rob and Steve answer your questions at (800) 525-7000 [email protected] the following:
My husband and I are in the military and are investing 15 percent of our pay into the Thrift Savings Plan. We have heard that we should only contribute up to the match and put the rest into an IRA. Is that the best route?
I will come into a substantial amount of money in the coming year. I’m 58. How should I invest it?
Is it possible to convert a traditional IRA into a Roth IRA?
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