Ask NJ Money Help

26 Jan How should I take distributions from these inherited IRAs?

Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Taxes

The rules for taking distributions changed with the SECURE Act....

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26 Jan My son doesn’t want a credit card. I think he needs one.

Posted at 05:01h in Ask NJMoneyHelp, Credit

With no credit history, it will be hard to get a loan....

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25 Jan How much tax will I owe N.J. when I sell my home?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

It's possible you won't owe a single penny in tax on the sale. ...

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25 Jan How much money can I give without owing gift tax?

Posted at 05:01h in Ask NJMoneyHelp, Taxes

You have a high lifetime exclusion when it comes to gifting. ...

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24 Jan How do I choose investments for my 401(k) and IRA?

Posted at 05:01h in Ask NJMoneyHelp, Retirement

You should consider your tolerance for risk and your time horizon....

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24 Jan I give $30K to charities. What happens with my tax return?

Posted at 05:01h in Ask NJMoneyHelp, Taxes

Depending on your situation, you may find some tax savings. ...

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21 Jan Should I get a joint credit card with my grandson?

Posted at 05:01h in Ask NJMoneyHelp, Credit

Use caution before tying your credit to someone else. ...

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21 Jan Are taxes owed when you invest in a Roth IRA?

Posted at 05:01h in Ask NJMoneyHelp, Retirement, Taxes

You only pay tax when you take distributions from a traditional IRA. ...

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