15 Feb How can I make sure gifts I give my kids go to an IRA?
Helping people save is a nice thought, but it's not always easy....
Helping people save is a nice thought, but it's not always easy....
If you're worried about a spendthrift, you have several options....
There are several pros and cons to different types of money gifts....
Gifting money could have an impact on Medicaid eligibility....
Gifting money is one way to help your loved ones with their finances. ...
You can do it, but you may need help from their parents. ...
Gifts are not deductible to the donor, nor are they income to the donee....
There is a five-year period where Medicaid will look at your finances....
Gifting relates to the federal gift tax, not the federal income tax....
You can gift a certain amount every year without having to report it. ...