Shortcut Navigation:

Ask the Money Doctor

Read Past Q&As

Topic:  
we had a loss of a personal storage building that collapsed under snow load and not covered by insurance the cost to rebuild was ~$50,000 is any of this deductable? Thanks for your response
Submitted Jan 13, 2011
Hello, I have approx. $200k in a 401(k) plus an outstanding loan of approx. $32k. Company has been acquired and I now have an option of rolling it all over to a IRA, but Vanguard is telling me that the loan will be looked at as a distribution, they will withold 20% and I may pay a 10% penalty next year when I do my taxes. Is there any other penalties or taxes I...
Submitted Jan 11, 2011
I have over $ 1.1 million in savings, most of which is two years into a six-year CD at an interest rate of 3.5%. I did this largely because of my distrust in the stock market, which certainly has not been gained with the economic downfall of the past few years. Am I being over-cautious in the way I invest or prudent ? My age is 51.
Submitted Jan 10, 2011
I received a gift of cash in 2010, in the amount of $20,000. Do I need to declare this as income on my taxes this January? The entire amount, or just a portion? Thanks
Submitted Jan 10, 2011
Our life has changed pretty dramatically. I am disabled and have been collecting payments for 1 year. My spouse is retired, collects a small pension and is healty. His retiree company just sold the business and has advised us that our old health insurance is null and void and we must elect new insurance with about 100% increase in premium and about 40% loss in...
Submitted Jan 10, 2011
What''s a good resource for college loans and scholarships?
Submitted Jan 10, 2011
Hello, We are a family of 3 in the red every month. How do we find / select a financial advisor that will help us make a budget and pay off our debt? Thank you. Best,
Submitted Jan 6, 2011
I have about $100,000 in student loan debt and when the economy went bad, I lost my job as a pilot. I have since got a job as a police officer and barely make enough money to make ends meet. I have been taking college classes at least part time and delayed graduating, so I don''t have to start paying back my student loans yet. I can''t hide from them forever. What...
Submitted Jan 4, 2011
I learned of your site during a webcast seminar at yale. Is the Mint.com budgeting website a trusted site. Are there better sites you could recommend to form and track a budget? Thank you, Tim
Submitted Jan 3, 2011
Last year I purchased my credit score. This year it has dropped by 14 points. I have three store credit cards. The last one opened over two years ago. One I rarely use. The other two I use more frequently but, I always pay the balance in full each month. It''s never late and I never come close to my credit limit. I have not applied for additional credit.I have not...
Submitted Jan 1, 2011

« Previous Next » 1... 43 44 45 46 47 48 49 50 51 52 53