Read Past Q&As
is there any possible way of protecting my 457b plan if myself or wife would ever need long term care. Could I take the lump sum and take a tax hit and just basically turn money over to my children to prevent long term care from accessing it. Thanks, Mike
Submitted Feb 13, 2017
I sold a house in 2016, and have $98K in Capital Gain to pay taxes on. I prepaid $11K to the State of CA in Dec 2016. Can I add that to my (Federal?) deductions? I did my taxes in Turbo Tax, but saw nowhere to add this (aside from the prepaid tax section of CA- which did not reduce my liability). Thank you, Christina
Submitted Mar 2, 2017
I'm a homeowner/condo, possibly retiring in the next 3years. I would like to remodel my kitchen and bathroom Should I borrow money from my 401k or get a personal loan from the credit union?
Submitted Mar 21, 2017
I am being laid off from a high income job. I am eligible for unemployment. I don't know how to determine what I'll be paid in unemployment benefits. I am considering looking for a limited part time job - paying minimum wage. It will be very low pay. Does it make more sense for me to take a minimum wage job 15 hours a week just to have a job, or file for...
Submitted Feb 2, 2017
hello,,i have a structured annuity that pays me on a annual basis for the next 29 years..this is not a MSA payment,,it was set up by my previous employer for a work related accident..according to my ppwk,american gen annuity service corp is the owner..is there anyway i can sell this annuity for a lump sum??? i believe this is a temporary life annuity/structured...
Submitted Feb 10, 2017
Submitted Feb 28, 2017
My wife's grandmother passed away and she had a life insurance policy out on my wife. Her mother is the executive of her estate, or will, not totally sure, any who, we never really where looking for anything, but we asked for the policy since it was in my wife's name, and was promptly told that her grandmother let the policy lapse, but that other grandchildren...
Submitted Mar 3, 2017
I am Active Duty Army, stationed in Minnesota on Recruiter Duty. My wife and I filed taxes jointly for 2016. After filing we received a Certificate of Rent Paid. Our home of record is Florida, but I read that permanent residents of other states may still be able to claim Renters Property Tax Refund. We've only been living in MN for 120 days, the info booklet I found...
Submitted Jan 23, 2017
My wife has large company 401 k plan which she rec'd as part of her divorce settlement (QDRO) from her first husband. The assets (contributions) in the plan include three categories of funds: a) Befpre Tax b) After Tax c) Company Match (pre-tax) Two Questions: 1) My wife is 70 1/2 this year......when the required minimum distribution is calculated by the plan...
Submitted Jan 24, 2017