Ask NJ Money Help

30 Dec Can I use a N.Y. 529 plan even though I live in N.J.?

Posted at 06:02h in Ask NJMoneyHelp, College

Most state 529 plans allow you to sign up no matter where you live. ...

Read More

29 Dec How can we find out if our father left us something in his will?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning

If there is no will, state law will determine what happens to property. ...

Read More

29 Dec How can I get back a penalty taken for 401(k) withdrawal?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

The CARES Act allowed for penalty-free retirement account withdrawals. ...

Read More

28 Dec If we move to N.J., how will our income be taxed?

Posted at 06:02h in Ask NJMoneyHelp, Taxes

If you earn too much, you won't be eligible for the pension exclusion. ...

Read More

28 Dec When is the first distribution from this inherited IRA?

Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes

The rules for inherited IRA distributions have changed. ...

Read More

25 Dec Why did I lose my disability payments when Social Security started?

Posted at 06:02h in Ask NJMoneyHelp, Retirement

Your benefits may change when you reach Full Retirement Age (FRA)....

Read More

25 Dec Can I save in my SEP IRA even though COVID hurt my income?

Posted at 06:02h in Ask NJMoneyHelp, Retirement

How much you can save will be based on your net profit for the year. ...

Read More

24 Dec Do I have to eventually draw down my IRA account to zero?

Posted at 06:02h in Ask NJMoneyHelp, Retirement

While you must take distributions, you don't have to empty the account. ...

Read More