Read Past Q&As
I am divorced my husband had a annuity with the union I am receiving half the union is suggesting I leave the money in an account they make once the annuity is split however I would like to take some of the money out Is there a another option so I don't have to pay 20 percent taxes or the ten percent penalty the amount is 80,000 approx and I would like to put the...
Submitted Sep 1, 2014
Who would own the policy if the wife (current owner of her husbands policy)dies? Would ownership automatically go to the husband in a community property state if premiums were being paid from shared funds?
Submitted Aug 20, 2014
I am 25 years old and working in the financial services industry, making about $60,000 per year. I have no debts, about $60,000 in savings and about $30,000 in investments through my Roth IRA and brokerage account. I was hoping you could shed some light on where I should be saving my paycheck? I live on only half of my monthly pay and save the other half....
Submitted Aug 22, 2014
My husband and I filled banckrupcy in november of 2013. We want to start rebuilding our credict, what do we do?
Submitted Aug 23, 2014
I have two 401k accounts that I don't contribute to since they are from past employments. Not sure if I should role them into my present job 401k or cash them out and pay off debt. What is the most logical thing do with them?
Submitted Aug 23, 2014
My 22 yr old son was recently involved in an accident where he was driving a friends car. He lost control of the vehicle in a curve and hit a tree. There were 4 passengers in the vehicle besides my son. He and two others lost their life in the accident. His friend survived (front seat passenger), and the passenger seated behind his friend survived. I do not...
Submitted Aug 16, 2014
I am a terminal ill 45year old female I receive $ 1500 SSA. My husband works and we have a 50,000 life insurance do I qualify for accelerated life insurance. I am a terminal ill women, I have another question can I still buy disability insurance from a private company do to my sickness and unavailable to work we lost our home. The bank call us this week and told us...
Submitted Jul 29, 2014
My husband just passed away I cannot find his policy. The payment to John Hancock is taken directly from our checking account. I do have the Policy number. what do I do now?
Submitted Aug 13, 2014
Hi, My mom died at age 84 in July 2014. She had an IRA account for which she designated her 4 children(ages 54, 53, 52 and 50) as equal beneficiaries. She had inherited this account in 1984 upon the death of her spouse and made no contributions to it ever. She had taken all of the RMD's since reaching age 70 1/2 (I'm not sure if she had taken any withdrawls in...
Submitted Aug 8, 2014
Married couple with 1 child, ages are 59, 55 & 15. All of our checking and saving accounts are individual with POD notification. Should we add each other to bank accounts in case of illness/disability since we are reaching retirement age? Our concern is that if one of use becomes suddenly ill and have to be place in nursing home or some long term assisted living...
Submitted Jul 11, 2014