11 Sep I was offered voluntary severance. Can I get unemployment benefits? Posted at 06:07h in Ask NJMoneyHelp, Retirement It depends what kind of severance package you receive. It may be considered income. ... Read More
11 Sep This trust was supposed to protect money. Was it a mistake? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning State law needs to be considered when developing an estate plan. ... Read More
10 Sep Will we qualify for stimulus payments when we file our 2020 return? Posted at 06:06h in Ask NJMoneyHelp, Taxes If you don't get a stimulus payment, you could get it when you file your taxes. ... Read More
10 Sep Was the wrong person given this bank account after owner’s death? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning Certain accounts follow different distribution rules when an owner dies. ... Read More
09 Sep I had a 401(k) withdrawal. What’s taxable under the CARES Act? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes You may be able to avoid penalties and some taxes too. ... Read More
09 Sep What taxes do I have to pay on an inheritance from N.Y. resident? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes There are several rules when it comes to inheritance taxes. ... Read More
08 Sep Can my wife and I both take from our 401(k)s under the CARES Act? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes Under certain circumstances, you can qualify for a penalty-free withdrawal.... Read More
08 Sep I was given a gift of $45K. How much do I owe in taxes? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes When you receive a gift in New Jersey, you won't owe any taxes. ... Read More