Read Past Q&As
My spouse has cancer and even with medical insurance, we have almost depleted our rainy day fund with co-pay, above URC charges, etc. How can we keep up with our regular expenses, and still pay all these bills?
Submitted Apr 29, 2012
My mother is transfering ownership of her life insurance policy over to my sister and myself. Therefore, we had to fill out a tax for W-9. I was wondering why we had to fill this form out if life insurance was tax-free?
Submitted Apr 28, 2012
A 70 years old person is still employed and is a contributory to the 401-k retirement plan at work. Can he postpone his Required Mandatory Distributions from his retirement plan until he/she retires? Where can I file the relevant rules/regulations on this subject?
Submitted Apr 27, 2012
my name is lucretia rogers i am tired of pay check to pay check and need some financial advice i have a problem in saving i gross 4,200 a month and i just move in a apartment 1,800 month 300 utilities how can i save and live comfortable at the same time im disable with a injury and my only income i want to save 20,000 a year is it posible and how please help im...
Submitted Apr 26, 2012
In your opinion, is it necessary to buy a long term care policy if you believe you have enough funds saved within your retirement investments. (exam: $2MM in investments/$80-90k anticipated annual income). By my calculations, I should have enough to cover L/T care for both of us if necessary, especially in light of the benefit limitations put on L/T care policies.
Submitted Apr 25, 2012
we are on a direct payment plan with Princeton medical(in New Jersey). we just got a letter stating our bill is going to collections due to a payment being late. the payment was payed for the month. Can they legally send it to collections for being a couple days late?
Submitted Apr 24, 2012
To whom it may concern: Ref: RMD''S. Thank you for your answer, but I''m a little confused.....Can I do a RMD this year 2012???? Remember that I will not be 70 1/2 until Dec. 31/2012. Thank you again for you answer.
Submitted Apr 24, 2012
Father worked for the state has retirement- was professor so probably pretty good. Mother has hints of Alzheimers and at high risk of long term care needs. there is paid off modest house. Assets but unknown. What is best way to protect the assets and house? In NC they said that spousal community income must be under 1839.00 so there goes the immediate annuity...
Submitted Apr 23, 2012
In July we will be 74 (husband) 73 (wife) No debt,$575,000 invested mutual funds-(Price and Vanguard) ($242,000 rollovers,$306,000 Roths,$27,000 Jt. Ten.)Currently taking out $25,000 including RMD''s. (Kids are very well off). When will we run out? or should we spend more, even though we are happy at this level. Very blessed and healthy.
Submitted Apr 22, 2012
My HUsband and I have bad credit but it''s time for my daughter to go off to college.We wouldn''t qualify for a loan and neither would she since she has no credit.We don''t have anyone at all who can cosign on a loan for her. Do we have any options at all now or are we in a situation that we cannot send her to college.
Submitted Apr 18, 2012