Ask NJ Money Help

26 Aug How fast do we have to empty out this inherited IRA?

Posted at 06:04h in Ask NJMoneyHelp, Estate Planning, Retirement

The SECURE Act made changes to how people must take funds from an inherited IRA. ...

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26 Aug Will my mother’s life insurance policy cause a Medicaid penalty?

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

Medicaid will look back at five years of financial records before you will get benefits. ...

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25 Aug We’re getting divorced. Can I keep my husband’s stimulus check?

Posted at 06:02h in Ask NJMoneyHelp, Credit

If a stimulus check sent for you to share, there could be trouble ahead. ...

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25 Aug Do I owe penalties on an IRA withdrawal because of coronavirus?

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

The CARES Act may help if you need to take from retirement accounts....

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24 Aug Can I evict my brother from a house we inherited?

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

Much depends on the wording of the will and what's to happen to the home proceeds. ...

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24 Aug I’m close to retirement. How do I pick a financial advisor?

Posted at 06:02h in Ask NJMoneyHelp, Retirement

There's a lot to consider if you want someone to help with your retirement plan. ...

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21 Aug What happens to Medicare premiums after I get a gift?

Posted at 16:47h in Ask NJMoneyHelp, Taxes

Depending on the situation, you could see premiums go up. ...

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21 Aug When we sell the house after divorce, what about the exit tax?

Posted at 16:20h in Ask NJMoneyHelp, Real Estate

The exit tax is an estimated tax based on a home's capital gain. ...

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