Personal Money Management

More in Personal Money Management

Do I Declare Dependent Adult Social Security Benefits on My Tax Return?

The Internal Revenue Service maintains a set of criteria that dictate the definition of a qualified dependent on your income tax return. The IRS also specifies the type of Social Security benefits subject to taxation. When a dependent adult lives with you, your tax filing ...

What Is the Difference Between Payoff & Balance on a Loan?

When you have been making payments on a loan for a long time, the balance you owe on the loan may come down to a point where you can seriously consider paying off the entire remaining balance listed on your current statement. But when you talk to the lender about doing a payoff, ...

Can My Non-citizen Wife Receive Social Security Benefits After I Die?

If you've paid in to the Social Security system through payroll taxes, you are entitled to retirement benefits as well as disability benefits, if you're unable to work because of a medical condition. In addition, your spouse may be eligible for survivors benefits should you pass ...

What College Items Can I Use as a Tax Write-Off?

Rising costs of tuition and other higher education expenses make federal income tax breaks for college costs attractive for many households. In addition to pre-college savings plans, these tax write-offs can reduce annual income tax obligations as well as adjusted gross income. ...

What Is a Loan Maturity Date for a Mortgage?

If you've borrowed money from a bank or other company to buy a house, then you've taken out a mortgage. A mortgage is a loan secured by property: the house which you've purchased and now own. As long as you keep up the monthly payments, the loan is current. A mortgage is a ...

How to Give Assets to Your Children Before Your Death

While a will can take care of distributing your assets to your family after you die, you don’t have to wait until you’re gone to divide up your assets. Maybe you want to help your children financially while you’re still alive, or you want to avoid any confusion or possible ...

What Will My Spouse Get From a Retirement Plan During a Divorce?

Divorce is one of the times you can access your IRA or 401(k) before retirement and pay no tax. This happens if the judge assigns part of your account to your spouse in the divorce settlement. In that case you can tap the account tax-free in order to comply with the divorce ...

Can You Get Social Security Benefits for an Adopted Child?

In 2011, over 4 million children, including adopted children, received SSA retirement, disability or survivors benefits. If you’re an SSA beneficiary, your adopted child can get benefit payments off of your record. Your adopted child has the same requirements to meet as a ...

How to Withdraw Money From My Mutual Fund

Redeeming shares of a mutual fund can be as easy as a single click online or a phone call. On the other hand, it might require a meeting with your financial adviser. It depends on your needs and the tax status of your account. In any case, the process is pretty straightforward.

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.