Jennifer Lane, a certified financial planner, has answers to viewers’ questions.
With the end of the year quickly approaching, many want to get their finances in order before saying goodbye to 2014.
Jennifer Lane, a certified financial planner with Compass Planning, has some answers to necn viewers' questions.
Beth in Shrewsbury asks: "I've been self employed for a few years but this year my CPA says I should do a 401k to save taxes. Do I have to make my contribution before December 31st?"
Kara in Boston writes: "I'd like to gift some stock to a non-profit I love. Giving stock will save the capital gains taxes and help me give as much as I can to the charity. They have never dealt with a stock gift before. Do we need a CPA to help?"
Jason in Dracut asks: "I inherited an IRA from my Grandmother a couple years ago. I didn't realize I needed to make a withdrawal right away. If I take money out of the IRA by the end of this year can I catch-up with my missed withdrawals?"
