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"If my company contributes a match to my 401k and if I leave in a year or two, I know the matching is void. What happens to the gains from my investments? I'm weighing the pros and cons of opening one through my company or on my own." – James"What are the general opinions regarding taking a lump sum of money versus DCA into an index fund? Say for example, somebody receives a $5,000 bonus and wants to invest in an index fund. What are the pros/cons of buying $5,000 [of fund x]in one shot versus spreading it out into 12 individual lots throughout the year?" – Kyle&qu...

In this week's Ask Annex, Wealth Managers Sarah Kyle and Randy Winkler, CFP®, field questions about converting insurance policies, paying down debt, and what type of accounts to consider opening for a newborn.

Annex Wealth Management’s Sarah Kyle and Randy Winkler, CFP® answer several Ask Annex questions:"Years ago, Randy mentioned an app or a website he used to help budget, what was that?" – Tim"My plan was to retire in 2023 at 66, is my timing terrible?" – Carol"Discovered my wife has about $4,000 in pre-tax contributions she made to a defined benefit pension plan at her old government employer. She didn't stay long enough to be vested in the pension, but we can request that the contributions be refunded to us or rolled into another plan. Is there a downside to...

Annex Wealth Management’s Randy Winkler, CFP® answers several Ask Annex questions:"When I first started investing, the provider I used suggested rebalancing once a quarter. I know that's now invalid, but what is?" – Michael"I'm taking a new job and need to do something with my old 401k, but I'm paralyzed by this market. Can I just put it in a target date fund until things calm down?" – Matt"Is debt consolidation a good idea? How about the snowball?" – Susan

Annex Wealth Management’s Randy Winkler, CFP® answers several Ask Annex questions:“Do break-even calculations for social security tend to work out?” – Ben“Does my paid-off house count when it comes to my financial plan?” – Kyle“What portion of my portfolio should be liquid and in what form?” – Ray“What do you see more of, people who regret retiring early or late?” – Joyce“Please explain the 4% rule.” - Anonymous