Gregory explains how the rules for Required Minimum Distributions are calculated for a 401k after age 71 if you are still working at that job. Watch this video to find out!
Gregory Ricks gives James Parker a pop quiz that most people fail: How well do you know the basics of Social Security? Test your knowledge with this great video!
See how Gregory guides a caller through the process of what to do with his TSP (Thrift Savings Plan). John from West Point, Mississippi calls in on Winning At Life to get a second opinion from Gregory Ricks on how to best use the options in the TSP.
James from Ocean Springs, Mississippi asks Gregory and James if he can combine his various IRA and 401k accounts into one IRA, and is that a good idea?
This is the story of Al, Bob and Carl. Each cousin is the non-spouse beneficiary of his father’s 401(k) plan. Their fathers worked together at the local automotive factory for their entire lives and were all covered by the same plan. The default distribution option in the plan for non-spouse beneficiaries is a five-year payout.
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