30 Oct How are you taxed when you inherit an IRA?
When you withdraw money from an inherited IRA, it's taxed as ordinary income. ...
30 Oct In what tax year does the ‘millionaire’s tax’ start?
This new tax was passed in 2020 in the State of New Jersey....
29 Oct Can I convert an inherited IRA to a Roth IRA?
Roth IRAs will give you tax free income, but inherited IRAs have limits. ...
29 Oct Will I have to pay taxes twice on this retirement withdrawal?
Your investment company will usually withhold taxes from IRA withdrawals. ...
28 Oct After my husband died, how can I qualify for the Senior Freeze?
There are specific requirements to qualify for this property tax break for seniors. ...
28 Oct What happens if an executor doesn’t pay out inheritances?
There are many reasons why an estate takes a long time to be settled. ...
27 Oct What will I owe in taxes if I sell this bond fund?
Your realized gain equals the difference between the net asset value (NAV) of the shares on the sale date and the cost basis of those shares....
27 Oct I don’t want my kids to be my executor. What should I do?
You don't have to select a family member to be your executor. ...
26 Oct I emptied my IRA when the stock market crashed. Are there penalties?
The CARES Act eliminated penalties for some early IRA distributions. ...
26 Oct I filed bankruptcy. How can I rebuild my credit?
You can reestablish credit some some simple moves. ...