Personal Money Management

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Does an Executor Get a Percentage of Life Insurance Policies & Annuities?

Executors of estates inherit a time-consuming, often difficult, and sometimes thankless job. They're responsible for guiding your estate through the probate process, paying off creditors, filing tax returns and sometimes selling assets to achieve all this. In exchange, they're ...

How to Determine if a Scholarship Is Tax-Free?

Scholarships help students pay for the escalating costs of college, but not all scholarships are tax-free. In order for any scholarship, or part of a scholarship, to be tax-free, you must be a degree-seeking student. In addition, the tax code restricts the tax-free treatment to ...

Can I Still Receive Social Security Disability Benefits If I Get Married?

Marriage doesn’t disqualify you from getting Social Security disability benefits. Your eligibility remains intact and benefit amounts won’t change. The addition of family members, though, might affect your Social Security benefit in several ways. More people may be entitled to ...

What Does Appreciation of the US Dollar Mean?

The U.S. dollar doesn't have a consistent value in relation to the world's other currencies -- euros, Japanese yen, British pounds, and so on. Its value rises and falls in response to economic conditions, government policies, import-export imbalances and other factors. ...

The Advantages of Leaving an Early Inheritance

It is not uncommon to leave an inheritance to family members after you die. You may leave a lump sum to your children, grandchildren, nieces, nephews and other loved ones. Inheritances aren't limited to money; you can also leave real estate and other personal property. While ...

What Happens to Flexible Savings Account When I Quit?

Health savings accounts (HSAs) and flexible spending arrangements (FSAs) are tax-free savings plans that allow you to pay for eligible medical expenses. If you quit your job, you'll lose any unused contributions that you've made to your FSA, but you'll get to keep your money if ...

Computer Programs to Help Invest in Stocks

Although it is not mandatory to use a computer to manage your stock investments, technology for this purpose has become so common and user friendly that there's no reason not to. Computer programs can be used as simple tracking tools to track diversification or to provide ...

My Retirement Account Prevents My Daughter From Getting Tuition Assistance

When it comes to calculating your daughter's eligibility for financial aid, multiple variables come into play. The application form her college uses, her savings, your income and your savings all get included in the equation that calculates the aid. Your qualified retirement ...

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 ...

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