Read Past Q&As
We have a small nest egg in our savings account and are getting ready to fill out the FAFSA for our oldest child to prepare for his college. In order to have a better chance at receiving some financial aid/grants, should we use the savings account before we complete the paperwork? We have some work we want to do in the kitchen.
Submitted Jan 3, 2017
Submitted Jan 11, 2017
Is there a service that can check how many and location of bank accounts my spouse may have had. Even if the were signed over to a sister. Also same question for life insurance policies
Submitted Jan 13, 2017
I get paid cash where I work. I am trying to figure out how much taxes(fed,state,ssi,med) I need to save so I can file a tax return, not owe or get a refund, and NOT screw up my ssi and medicare. No paperwork from my job. Also if my partner of 20 yrs-not married- is disabled & draws medicaid, can I claim him as a dependant on my income taxes with me being a hoh? I do...
Submitted Jan 21, 2017
I'm in debt I'm thinking about taking the money out of my 401(k) to get out of debt so I can sleep at night what are you think about that
Submitted Jan 22, 2017
I have a loan on my whole life policy, the initial loan was 6400.00 many years ago. The loan principal is currently 12500.00 (6100.00 interest). If I surrender the policy (Cash value=18200.00 - 2300.00 premiums paid) I will have a 15900.00 tax liability. Is there a way I can recoup the interest paid off this total?
Submitted Jan 23, 2017
I have a fixed annuity with alianz.. my problem is I cant get the money that's left in a lump sum. I'm told it is locked. is there anyway I can get this money.im on s.s. and need payment for dental care. thank you.
Submitted Jan 24, 2017
I was a P&C agent for years in the state of New Jersey, and I was recently asked a question I was unsure of.. if an insured (HO3 or 5) has an argument with his neighbor and a fight ensues. The neighbor get's the brunt of the injuries and hospitalized. Can the neighbor then go after his homeowners insurance liability policy? In my opinion in an instance like this,...
Submitted Jan 20, 2017
I have $4600 lump sum value in a retirement account with a former employer. The most recent statement says that at age 65 (20 years from now) it will pay a $92 monthly benefit. Is it better to cash out and transfer those funds to my current retirement account or leave the old account alone? What details should I look for to help make the decision? Thanks!
Submitted Jan 19, 2017
My husband & I own a tattoo shop (6yrs now) we are a sole prop with 2 contracted employees who are 1099'd. I am also self employed as a part-time self employed hair stylist who rents a chair & part-time stay at home mom. Our CPA is insisting we pay him monthly ($200 for my husband, $100 for me) I feel like this excessive? We make under $100k after deductions. Do we...
Submitted Jan 18, 2017