Ask NJ Money Help

05 Mar Can I get tax breaks for seniors on this home?

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

The Homestead Rebate and the Senior Freeze both have eligibility requirements. ...

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05 Mar Is a term life insurance payout tax-free to beneficiaries?

Posted at 06:02h in Ask NJMoneyHelp, Insurance

In most circumstances, income tax won't be an issue. But there's more. ...

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04 Mar Can I use a 529 plan to pay off my student loans?

Posted at 06:02h in Ask NJMoneyHelp, College, Credit

The SECURE Act has changed how graduates can pay off student loans. ...

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04 Mar Can we get around the SECURE Act rules for inherited IRAs?

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

The SECURE Act has changed the way non-spouse beneficiaries take inherited IRA distributions. ...

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03 Mar Do these retirement distributions count for the pension exclusion?

Posted at 11:53h in Ask NJMoneyHelp, Retirement, Taxes

You may be able to avoid New Jersey taxes under the pension exclusion. ...

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03 Mar Do I have to sell securities before taking money from IRA?

Posted at 11:10h in Ask NJMoneyHelp, Retirement

You can take securities out of your IRA, but you have to pay the taxes. ...

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02 Mar Are these college savings really taxable in New Jersey?

Posted at 12:13h in Ask NJMoneyHelp, College, Taxes

New Jersey treats Coverdell education savings accounts differently from the feds....

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02 Mar I’m disabled. Can I do a Roth IRA? Should I do a rollover?

Posted at 12:04h in Ask NJMoneyHelp, Retirement

You need earned income before you can contribute to an IRA. ...

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