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Authorities act to remove 82-year-old convicted IRA terrorist

Authorities act to remove 82-year-old convicted IRA terrorist

Potential Deportation of Former IRA Members from the US Long-time residents in North America, including convicted IRA members, may be facing action from U.S. authorities. Gabriel Megahee, 82, has been living in New York for decades, but a letter from the Department of Homeland Security on June 20 indicated that his “parole” has ended after […]

Where should I invest my money after taking it out of my IRA?

Where should I invest my money after taking it out of my IRA?

Financial Questions and Insights In collaboration with WBEZ, we’re collecting your inquiries regarding money and finance, offering insights weekly from trusted sources. Seventy-year-old Linda, hailing from Oak Forest, expressed concern over managing her retirement fund. She mentioned: “In October 2025, I can withdraw from my IRA without facing penalties. I invested $50,000 over the last […]

Avoid Double Taxation: Learn Ways to Save Thousands on IRA Withdrawals

Avoid Double Taxation: Learn Ways to Save Thousands on IRA Withdrawals

An audit of Susan’s IRA transactions showed she had paid $50,000 in income tax, despite being eligible for a tax exemption. She thought her IRA custodian would inform her about the taxable and non-taxable portions of her distributions, but that assumption was incorrect. As someone managing her IRA, it was her duty to understand how […]

New report reveals 3 IRA and 401K errors that might lead to significant losses.

New report reveals 3 IRA and 401K errors that might lead to significant losses.

Concerns Over Retirement Savings Do you have at least $200,000 saved through your IRA and 401(k)? If so, do you count on that for your retirement expenses? If you ever worry it might not be enough, you’re definitely not alone. A recent study from Allianz Life found that 64% of Americans fear running out of […]

How should investors handle their 401(k) or IRA during market volatility?

“Claman Countdown” panelists Jack Janasivic and Keith Fitz Gerard discuss how to deal with market volatility in their tariff policy. Financial markets have experienced historic volatility amid rising uncertainty from President Donald Trump's trade war with China and other countries, with experts saying investors should stick to long-term plans and resist the urge to make […]