Read Past Q&As
If you have already front loaded a 529 plan with 5 years of contributions, and after 5 years have past - Can you front load again with another 5 year contribution as a lump sum without affecting gift taxes?
Submitted Jan 29, 2016
I have had a simple IRA for 20 years which I am contemplating rolling over into my employers new 401k plan (effective January 2016). Is there an advantage to keeping it separate? Also, I am maxing out my allowable deductions and "catch up". What other tax deferred vehicles are there (such as health care, life insurance, etc), if any? Would a Roth IRA make sense? ...
Submitted Dec 31, 2015
I am a US citizen and I am getting married to a Bahamian citizen this year. For the first year or so, he will continue to work in the Bahamas and I will continue to work in the US. I would like to know how this is going to impact my tax returns.
Submitted Jan 7, 2016
I am 57 and have a pension from a former employer which is not indexed to inflation and will increase if I wait as follows: 58- $ 614/month, 59- $659/month, 60- $704/month, 61 - $746, 62 - $739, 63 - $832, 64 - $874, 65 - $917. These figures include a 50% spouse benefit. I'm wondering when I should start taking the benefit assuming I live to my mid-eighties and...
Submitted Jan 23, 2016
My husband and I are in a financial crisis with credit card debt. Job loss and reduction in both incomes have plagued us. Our annual income has been for several years and still is significantly reduced. We are drowning. I do not know what to do.
Submitted Jan 13, 2016
My husband died last month. I am sending in the claim forms for his life insurance policy. It requests the original policy to be submitted. It is a 30+ year old policy and it took a while to find someone administering it based on name changes and merges of the company. I am worried that the original policy will get lost if I send it off somewhere. Do I have to send...
Submitted Jan 14, 2016
If I choose an annual payment for a lottery winning in CA, USA and die before the payout is completed, what happens to my winnings?
Submitted Jan 20, 2016
I would like to have the Guardianship of my younger sister, because her mom doesn't care about her and the environment on her home is kind of dangerous (she has 4 men living with her in a 2 bedroom apt). So my niece is living with us since Nov. 2015 and I would like to do a Power or Attorney to make decisions for her schooling, doctors appt., feed her, love her and...
Submitted Jan 21, 2016
My husband and I are going on a cruise next year. Should we buy travel insurance with the cruise line or on the open market? What should we consider?
Submitted Dec 24, 2015
I've read in various publications that a rule of thumb to see if you have enough money to retire on is to multiply your salary from 10 to 12. Would you agree on these figures. I'm 59 and would like to retire next year. My salary is $140,000 and my IRA and 401k investments are $1,360,000. Only liability outstanding is $18,000 left on a mortgage due in 2018. ...
Submitted Jan 6, 2016