Q: I am unemployed. Is it better for me to make an IRA deposit with a bank or brokerage company?

A: It does not matter which you choose, but you must have earned income to make an IRA deposit.

Q: I was recently laid off and am not sure what options I have with my 401k.

A: You generally have 4 options: leave your 401k with your former employer, roll your 401k over to an IRA, roll your old 401k into your new, future employers’ 401k, or cash it out. All choices should be considered carefully.