Ask NJ Money Help

19 Nov What happens to my 401(k) loan now that I left my job?

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

Loans from a 401(k) usually have to be repaid if you leave your job. ...

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19 Nov What taxes will I owe on this COVID 401(k) distribution?

Posted at 06:01h in Ask NJMoneyHelp, Retirement, Taxes

You have the option of spreading taxes over three years. ...

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18 Nov How will these credit card payments affect my credit score?

Posted at 06:02h in Ask NJMoneyHelp, Credit

Your credit score will go up as you pay your balances in full. ...

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18 Nov I’m being denied an inheritance. Can they do that?

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

Beneficiary designations mean everything when it comes to your estate plan. ...

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17 Nov How do I claim a retirement plan withdrawal on my taxes?

Posted at 06:02h in Ask NJMoneyHelp, Taxes

Withdrawals from most retirement plans are considered ordinary income. ...

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17 Nov Will putting my son on my credit card account hurt my credit score?

Posted at 06:02h in Ask NJMoneyHelp, Credit

Making someone an authorized user on a credit card can help their credit history. ...

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16 Nov What happens to mom’s reverse mortgage if she dies?

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

When a reverse mortgage holder dies, the mortgage comes due and must be paid. ...

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16 Nov Can I convert this IRA to a Roth to leave tax-free inheritance?

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

Before you convert an IRA, consider the tax consequences and your cash flow. ...

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