Ask NJ Money Help

01 Sep If I gift my IRA distributions, what are the tax liabilities?

Posted at 05:01h in Ask NJMoneyHelp, Taxes

Your IRA distributions will be taxed, but not in every circumstance. ...

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31 Aug What happens if we don’t take Medicare Part B?

Posted at 05:01h in Ask NJMoneyHelp, Insurance

You could face penalties if you delay taking Part B....

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31 Aug Can I get Social Security from my wife and myself at the same time?

Posted at 05:01h in Ask NJMoneyHelp, Retirement

When you apply for benefits, you will get the higher of your own or your spousal benefit. ...

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30 Aug We are retiring. Do we qualify for the pension exclusion?

Posted at 05:01h in Ask NJMoneyHelp, Taxes

More people will be eligible for this tax break in 2021....

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30 Aug Can an umbrella policy protect me from my ex-spouse?

Posted at 05:01h in Ask NJMoneyHelp, Insurance

Umbrella insurance offers certain protections in the case of a lawsuit. ...

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27 Aug Will an inheritance hurt my son’s financial aid for college?

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

Probably, but it will depend on how the funds are transferred to him....

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27 Aug N.J. says I owe more taxes. Should I pay while I fight?

Posted at 05:01h in Ask NJMoneyHelp, Taxes

When you fight the taxing authorities, penalties and interest could build. ...

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26 Aug I have $120K in parent loans. Can I transfer them to the student?

Posted at 05:01h in Ask NJMoneyHelp, College

So many families are drowning in student loan debt....

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