Jill Schlesinger

Time for another Q&A column! If you have a question, send an email to: askjill@jillonmoney.com .

Question: I have been investing for decades, and I now want to transition into a safe, non-volatile, income producing account without penalties or capital gains. What are my options?

Answer: Who wouldn’t want a consistent return without risk or capital gains taxes? Sadly, this doesn't exist. If you seek safety, consider a money market fund, a CD, or treasury bills. Once the Fed starts to cut interest rates, which could be any day, rates on these investments will start to drop.

Q: My husband and I are in our 50s and we have one teenager. It is likely that one day, she will inherit a lot of money. Without knowing at what age she will be when it comes to handling money, i

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