Read Past Q&As
I worked for a year in Arkansas backin 1976.I settled with the IRS before I returned to Canada.Will I get any pension when I am 65.My aunt worked 4 years in Michigan as a nurse and unexpectedly received a small monthly amount when she turned the right age. Theresa
Submitted Apr 20, 2016
I have outrageously high student loan debt (<$105,000) from Sally Mae (Navient) and I was wondering if those student loans are eventually wiped clean or not?
Submitted Apr 18, 2016
My 84 year old mother, who is disabled and requires assistance, recently received a large inheritance from her brother. She has five children, one of which is me. I am her POA, HPOA. I have been her primary caregiver for the last 10 years. All my siblings would like to place her in a nice assisted living, and she is agreeable to do this. I want to know where to...
Submitted Apr 23, 2016
I'm trustee of 2 trusts set up by my parents for the benefit of my 2 children. The trusts own life insurance which have gained in value of about $50,000 per policy. Each child is under 40 and as the cost of insurance is increasing they would like me to consider surrendering these policies. A friend told me there may be not only ordinary income tax, but perhaps a...
Submitted Apr 21, 2016
I will turn 66 later this year. My wife is 65 and filed to begin taking her SS when she turned 64. Can I file and suspend my SS now prior to April 30. And If I file and suspend can my wife claim the spousal benefit as it would be greater than her SS.
Submitted Apr 23, 2016
I have an old 401K at a previous employer. It was suggested to me by my bank (Wellsfargo) that I should consider rolling it to them. My previous company sold/moved my old 401k from Vanguard to AON. I know nothing about this company. How does it compare to Vanguard, Fidelity and TRowe? I do not have a financial advisor, but I feel like I need some financial...
Submitted Apr 13, 2016
I have a 26 year old son who has learning disabilities. His father and I are divorced. My son lives with his father, and he supports him 100%. In the event that his father passes away, is there an insurance that would support my son 100%?
Submitted Apr 22, 2016
Hello, my name is Joyce Shiffrin, and I will explain the purpose of my sending you this e-mail: I have been receiving S.S.I., Food Stamps and Medicaid for over 18 years. However, I do hope sometime in the future to become an author of children's as well as adult fiction/non-fiction books. My question to you, therefore, is this: If/When I become an author, will my...
Submitted Apr 14, 2016
Is K-1 income from a Virginia estate taxable in Massachusetts if none of the income is from Massachusetts sources?
Submitted Mar 22, 2016