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Larry R Frank Sr

My focus is to get you to, and then through, retirement.

Better Financial Education



Contact Me



Advisor Services

  • Financial Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning



No timeline events available.
Employer Years Dates
Better Financial Education 9 years, 6 months Oct 2010 - Present
Ing Financial Partners, Inc. 16 years, 3 months Jan 2004 - Present
Big O Basketball Academy 4 months Aug 2003 - Dec 2003
Financial Planning Assoc. of Northern Ca 2 years, 3 months Sep 2001 - Dec 2003
Washington Square Securities, Inc. 8 years, 2 months Oct 1995 - Dec 2003
Ing Reliastar Life Ins Co 25 years, 3 months Jan 1995 - Present
Larry Frank 25 years, 8 months Aug 1994 - Present

Designations & Memberships

  • Financial Planning Association
    Financial Planning Association
    The Financial Planning Association (FPA®) is the largest membership organization for personal financial planning experts in the U.S. and includes professionals from all backgrounds and business models. We help connect thousands of consumers to competent and ethical planners who uphold the FPA Standard of Care.
  • National Association of Personal Financial Advisors
    National Association of Personal Financial Advisors
    NAPFA, the National Association of Personal Financial Advisors, is the nation’s leading organization dedicated to the advancement of Fee-Only comprehensive financial planning. Consumers and the media look to NAPFA for access to financial advisors who meet the highest standards for professional competency, comprehensive financial planning and Fee-Only compensation.
  • Certified Financial Planner
    Certified Financial Planner
    A standard certification for advisors, designees are exposed to nearly 100 topics on integrated financial planning. Major topics include, but not limited to: insurance, employee benefits, securities, state and federal tax, estate tax and planning, asset protection, etc.

Articles and Answers

Insights by Larry Frank

What age should retirement be planned to?
Published 2019-05-24 08:34:03
Journalism 101 Meets Personal Finance 101
Published 2019-07-17 10:15:59
The Illusion of Steady Income?
Published 2019-02-26 13:07:12
How Should You Buy a Car in Retirement?
Published 2015-08-24 16:44:39
What’s your plan for retiree dental care?
Published 2018-09-20 14:02:25
Our brains, as we age, and money
Published 2017-08-09 08:06:04
What are the Phases of Retirement?
Published 2017-07-26 08:32:43
How does a minor get Social Security?
Published 2017-04-05 09:27:08
e.g. Guide to Financial Planning
Published 2017-03-01 09:16:45
Rent vs Buy? What are the considerations?
Published 2016-10-05 09:38:04
A Simple Retirement Income Process
Published 2016-09-14 15:05:22
WHEN are investments for?
Published 2016-07-20 14:10:13
Second Hand News and Predictions
Published 2016-03-30 11:07:19
The Cost of a Perfect Market Timing Strategy
Published 2016-02-17 09:40:33
What the Young Need to Know of Wealth
Published 2015-10-28 08:49:45
Budgeting - Obsolete!
Published 2015-09-21 10:13:20
What Returns Give, Volatility Takes Away.
Published 2015-07-22 11:22:12
“Your Kids are Ruining Your Retirement”
Published 2015-06-17 08:23:36
Chasing returns – the story …
Published 2015-06-03 10:44:39
Financial Well-Being … what’s that?
Published 2015-05-13 10:09:12
Do you want an adviser, or a guide?
Published 2015-04-21 10:44:04
Is a Reverse Mortgage right for you?
Published 2015-04-08 02:28:51
Is ALL of your portfolio at risk of loss?
Published 2015-03-29 08:02:59
Do you have money in “orphan” accounts?
Published 2015-03-24 18:10:36
Insurance (any) is NOT an investment!
Published 2015-03-17 16:33:05
Mutual Funds and Capital Cains Tax Confusion
Published 2015-01-21 11:29:42
Borrow from your 401k? Bad Idea!
Published 2015-02-23 13:04:51
Borrow from your 401k? Bad Idea!
Published 2014-09-10 12:59:02
Are You Headed for Retirement Disaster?
Published 2014-10-08 08:28:07
How do you picture retirement?
Published 2014-10-01 12:37:47
Diversification? Why?
Published 2014-08-27 07:45:49
What is Inflation? Is it Really Important?
Published 2014-08-21 08:02:50
What is the "Wealth Effect?"
Published 2014-08-13 09:58:02
“So You Think You are Ready to Retire?”
Published 2014-08-03 12:55:55
Do you know how to change to reach your goal?
Published 2014-07-23 08:45:26
Scarcity - a great read.
Published 2014-07-16 07:22:43
Stepping back to see the bigger picture.
Published 2014-07-14 08:46:54
    *Articles are published by advisors without compensation.


    Ask a financial questionAsk a question
    I was a employee of RAC in 08,09,I invested in 401k . I have called hr with no success, What should I do?
    This is an example for a reason NOT to leave your 401k at an OLD employer ... an uninterested HR department in past employees. Hopefully you have an old statement for your old 401k (or remember who was managing the 401k if you don't have an old statement). Let's say the 401k was managed by Fidelity ...  (more)
    Answered Aug 2014
    I'm 54 and will be laid in March. I turn 55 later in the same year. Will I be able to withdraw 401k without penalty?
    You are correct Bryan, you may take money out of your 401k without the penalty - however, you will still pay state and federal income taxes. states the following "The following additional exceptions apply only to distributions from a qualified retirement plan...  (more)
    Answered Feb 2016
    Do I take a lump sum pension pay off or keep the pension.
    The answer depends on 1) your health ... if you're super above average healthy then you might have a tendency to live a long time; possibly outlive many of your cohorts born the same year you were. In this case you might consider taking the pension because odds are you'd live a long time and might ...  (more)
    Answered Aug 2014
    I want $20,000 from my 403b. Should I do it as a 5 yr loan @ 4.25 interest, or as a withdrawal and pay the taxes now?
    You may be able to borrow from your 403b ... but the bigger question is should you borrow it from there? Or from somewhere else? It seems like a "free" source of money ... and that is what creates some faulty thinking. Although these articles talk about this question for 401k's, 403b's are similar i...  (more)
    Answered Dec 2014
    I want to know if I can transfer my Union pension to my government TSP savings plan.
    The TSP is an excellent program Mike. has an excellent page that describes the benefits of doing so ( The TSP website says this "You may wish to consolidate your investments by moving money into the TSP from other eligible emplo...  (more)
    Answered Jan 2015
    Should I keep my IRA with PNC bank with a 1.4% annual fee or switch my IRA to Vanguard which charges a minimal fee?
    The real question is who is picking your investments for the fee you are paying; is it PNC? or are you? Who would pick the investments if you moved to Vanguard? Vanguard does have an adviser service for a fee as well.The fee you are paying should be for more than just investment selection, it shoul...  (more)
    Answered Feb 2015
    My son's mother deceased and there was a 401K through Chart Industries. How can he find out about it?
    You should first find a statement for the 401k somewhere in your her files. That statement should have a phone number and address. The first item of business is to verify with the employer Human Resources/Personnel who the beneficiary she designated is. Beneficiary(ies) are the only authorized peopl...  (more)
    Answered Jul 2014
    My friend had a "profit-sharing account" with newlywed foods in mid80 with $70,000 he wants me to tell him if any $ now?
    There is really no need to guess. Has your friend kept the plan up to date with his address? Is the plan still in existence? Who manages the plan now? It is entirely possible that your friend's unclaimed balance was "escheated" to the state the plan was established in.Although this blog post talks...  (more)
    Answered Dec 2014
    How do I find out if my 401K still exist ?
    Did you keep the 401k open? If you took the money out when you left Men's Wearhouse, then you don't have a 401k anymore. If you kept the money in the 401k, then you should contact Men's Wearhouse ( ) Human Resources (HR) department via their 800 number in Houston...  (more)
    Answered Sep 2014
    What to do with a non-deductible Traditional IRA?
    Very good questions Lola. You didn't state your age or income which are a couple of factors to consider for a complete answer. In general, you would want to max out your 401k contributions each year simply to be saving for your retirement. You didn't mention if you filed the IRS Form 8606 ( https://...  (more)
    Answered Feb 2016
    I just got a settlement of $200k from a auto accident. I'm only 52 going on 53. What or where should I invest my money?
    I’m sorry to hear that you were injured. The silver lining after all that is the settlement. When you say as long as you live, that is probably much longer than you may think! The Annuity Tables suggest you are expected to reach age 89 (50% of people your age historically outlive this age). Social S...  (more)
    Answered Dec 2014
    How can I obtain a copy of the Terms of Withdrawal on my 403-B Tax Shelter Annuity?
    You may obtain a copy of that by calling the company that administers your 403b. Look at your statement to see what company does that (the company name would be the logo on the statement). Your statement should also have information how to contact them for questions.Be careful though about withdraw...  (more)
    Answered Nov 2014
    Where do I find my statement?
    Your question doesn't say what kind of statement - 401k, mutual fund, bank savings account, etc., or how long it has been since you've seen the last one. Are you looking for your first statement? O has it been awhile since your last one?If the account was set up at your employer, then Curt's answer...  (more)
    Answered Jul 2014
    I have a trust found for school set up and i am going to school and i am not getting any help, what should i do?
    I'm sorry to hear you're having problems Joe. Trusts are written with specific instructions as to when and how you may get money from the trust. It is not all available for anything at anytime. Trusts are not simply a pot of money you can call your own. Your father has stipulated when and how you ge...  (more)
    Answered Dec 2014
    If I'm a CFO looking for info about data driven finance and integrated financial management. How would I look for a solution?
    You could might look at searching "Dimensional Fund Advisors" who apply academic research on personal financial management....  (more)
    Answered Jan 2015
    Can I get a loan or get a lump sum buy out on my monthly payments I receive now on my retirement.
    You may get a loan - but it is essentially a personal loan based on your pension payment. Think of this the same way you would have got such a loan during your working years. You can ask your bank or credit union about this.Lump sum buy out? The big question here is ... what are you going to do for...  (more)
    Answered Dec 2014
    My wife and I each have 401ks. She passed away last year, so do I roll her account into mine or into my IRA .
    Condolences to you about your wife. You are the beneficiary of her 401k and thus you will need to check with her 401k provider to see what your beneficiary options are. You will need to begin taking Required Minimum Distributions (RMDs) and have to calculate those every year as a beneficiary. There ...  (more)
    Answered Sep 2016
    How does a Cash Balance Plan differ from a 401(k)?
    Yes, retirement plans can be confusing! A cash balance plan looks much like traditional pensions your grandparents got (today, these are generally in government and teacher jobs). But, the largest difference is that a cash balance plan may be transferred into an IRA once you leave the employer; trad...  (more)
    Answered Nov 2014
    How to find an old 401 k account?
    Hi Rodney,William has done some of the work for you with his answer. Here’s a couple of links to other steps you may find yourself needing to take in case you don’t get a satisfactory answer from the current company, especially after so many years …  (more)
    Answered Aug 2015
    I worked at Lowe's and had money put into a 401k with Wells Fargo for 4 years, but now my Wells Fargo account is at $0?
    Your 401k is not the same as a regular Wells Fargo bank account so bank employees wouldn't necessarily be able to see it. Talk to Lowe's (human resources) to find out what happens to 401k's for ex-employees. Was it your money, or Lowe's money, that went into the 401k. If it was Lowe's money and the ...  (more)
    Answered Jun 2016
    How to find unclaimed money?
    Hi Melanie, you didn't state what kind of money you're trying to find ... your money, an inheritance, or a retirement plan.I have a couple of blog posts with links to various resources (and other links in those blog posts comment sections). Please take a look at them to see which area applies to yo...  (more)
    Answered Feb 2017
    Im trying to find a few old 401k,s?
    This is a common problem these days since people change employers so often.I have a couple of blog posts that have links to insights into where to go to find old 401k's that those old employers may consider you to have abandoned (because you didn't keep them up to date on your addresses so the coul...  (more)
    Answered Sep 2016
    Im trying to find a few old 401k,s?
    Sorry ... classic ... I forgot the link to the pension part below! Here it is  (more)
    Answered Sep 2016
    I am set to retire October 1, 2016. Should i continue to max out my 457b plan?
    Yes you should keep contributing because this means that you are accustomed to living on less because you are saving. This has a ripple effect in that you save more and that total may last longer because you are living on less. It all comes down to maintaining a standard of living. The lower you kee...  (more)
    Answered Jan 2016
    I am 66 and filed for social security. keep working making about 70k . remove all my Roth and 401K . how much tax owed?
    HI Mike,Taxes depend on other factors you haven't mentioned, such as exemptions and deductions too. Your State also has their tax laws to consider unless you live in a no-income-tax State. The only real way to estimate your taxes would be to:1) do it yourself (and risk not completely considering e...  (more)
    Answered Oct 2016
    I am thinking about cashing out an old 401k and paying on my house. I am 57. I got the 401k when I was 54.
    Hello Ricky, in short, IF your old 401k plan permits you to withdraw money after age 55, then you can do so without penalty. Of course, any withdrawals are always subject to income taxes, so you should with hold taxes when you prepare the old 401k withdrawal documents. You can ask either your old em...  (more)
    Answered Oct 2016
    Is there information were I can go to see how much income I will be receiving if I were to purchase an Annuity?
    Hi Edwin, you could go to and input your information. Note that on the first page you would need to put in $30,000 minimum. But, after you enter the information, the results page at the bottom, has the option to put in your desired monthly income instead (delete the lump sum a...  (more)
    Answered Apr 2016
    Social security?
    The new law just passed as a budget deal has some transition periods built within it.Those over the age of 62 by the end of 2015 can file a restricted application at Full Retirement Age (FRA), but may not file and suspend after April 2016. Until the end of April 2016, at FRA, one can file and suspe...  (more)
    Answered Nov 2015
    I have to my first RMD this Dec or next April. Can I do part of the total in December and the rest in April?
    RMDs, at first, may be confusing. You must begin taking RMDs by the end of December (I don't suggest waiting this long until the last minute because any paperwork delay will result in you violating the rules) the year you turn 70 1/2. You must take each subsequent RMD by the end of December as well....  (more)
    Answered Dec 2014
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      U.S. Securities and Exchange Commission
      • license status
      • disclosures
      • as of date
        Oct 20, 2010
      • license status
        Not registered
      • disclosures
      • as of date
        Apr 25, 2014
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:


      Better Financial Education

      Last updated on Jan. 3, 2020
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