Question & Answers

My mom's IRA has gone down 60% just in 2008...? She has lost $14K of her IRA in 2008. With only $11K or her IRA left and no guarantee for a recovery, is it better to cash out, pay the income tax and put the $11K into CD's where at least the money is safe? Please give reasons with your answer.

Heather Nieves
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Jan 12, 2009 by Heather Nieves
Category: Financial Planning

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Kerry Freeman EA
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Advisor: Kerry Freeman EA, IRS Tax Relief
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1
Samantha  Nackab
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Advisor: Samantha Nackab, Insurance
Jan 13, 2009  
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