Question: On my financial adviser’s suggestion, I bought whole life insurance as an investment, but being single, young and healthy, I’m rethinking it now. Should I keep the policy, or discard it and pay the penalties?
Question: I’m 58 years old and twice widowed. Can I collect Social Security benefits on behalf of my first wife? If so, at what age can I start?
Question: I’d like to avoid bonds because of their current low yields and interest-rate risk. What are some good, inflation-hedging alternatives to consider?
Question: I have a federal student loan with an 8.5 percent interest rate. Should I pay it off now or consolidate all my debt after I graduate?
Question: I was recently laid off, and I have a loan from my 401(k). Do I have to pay penalties on this since I lost my job through no fault of my own?
Question: I want to invest in bonds. What’s the best way to go about it? How do yield fluctuations affect prices? What about interest rates?
Question: I’m retired and earning $6,000 annually by working part-time. If I convert a traditional IRA to a Roth, can I open a separate Roth in the same calendar year? The rollover amount, by the way, is less than what I’m earning at my job.
Question: When calculating my asset allocation, should I put dividend-paying stocks in the stock or bond category? I’m retired and don’t want to invest too aggressively.
Question: How risky are dividend-reinvestment plans? Are they an easy way to start investing on my own, outside of my 401(k)?
Ask SmartMoney has a single, simple mission: Answer your questions. Answers are written by the staff of SmartMoney.com and SmartMoney magazine, with the help of outside experts. Topics cover investing, spending, retirement planning, saving for college, insurance, taxes and more. Submit your question in the form below, or email email@example.com.