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Posts Tagged ‘Money’

I have $200K cash and need a guaranteed monthly income. Where should I put my money for best return?

31 Jul
 
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A guaranteed minimum income that would give each citizen a certain sum of money whether they work or not.?

20 Jun

Is this desirable and possible in all nations?

http://en.wikipedia.org/wiki/Guaranteed_minimum_income

 
10 Comments

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How can I get money from an annuity from my divorce?

15 Jun

My ex-husband had an annuity from his union all set up. Once he’s been inactive from that union for two years, he became eligible to cash it out. In our divorce settlement, they awarded me 60% of that. My lawyer suggested that we divide it using a quadro. If he is eligible to cash it out now, can he just do that and get me my 60% of that? If not, then how do I go about establishing this quadro? And how much will this cost me and how difficult is it to get that money out?

 
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how do i get my money that was left to me by my mother who passed away. she had a traditional ira annuity ?

02 Jun

i have been receiving monthly payments but now would like to take all of it out to enjoy it.
they are telling me that the irs requires me to be the owner of the account. doesnt make much since to me if she left it to me. need all help i can get. thanks.

 
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How do I take money out of an annuity?

30 May

I have an annuity that my mom made for me when I was younger…I am 18 years old now and was transferred into my name with no guardianship of the account…. Now I am wondering how to take money out to pay for my first car. I know about the penalty fees and what not

 
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If my mother has invested most of her money in a business, will she be able to qualify for medicaid?

26 May

My mother has invested almost all her money in our business, which has not been able to repay the amount. She is a principle and is not needing to think about moving into an assisted living facility. She only has her social security and a small annuity for income, which totals after her AARP medical payment approximately $1220.00. Will her investment disqualify her for medicaid?

 
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I have annuity from one bank and I rollover to anther bank do i have to paid taxes on the money i rollover?

24 May

Last year I rollover the annuity to another bank and now I received the form 1099-R from the original bank and I don’t know what to do with this. Do I have to paid taxes?

 
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Did you know Bill and Hillary Clinton have made a ton of money supporting Obama While you get higher taxes?

22 May

Bill and Hillary have been paid very well for supporting Obama and they will be taking it easy off a structured annuity plan of some sort with great benefit and healthcare from the govt. You will be paying higher taxes and part of Obama’s healtcare plan circus that will probably cost you a lot more than money. Once Obama has your vote he is done with you, he will not stand with you once times get tough.
1.He did not stand with you against NAFTA
2. He did not stand with you against FISA
3. He did not stand with you against the bailout
4. He lied to you about his church
5. He made fun of you to his rich friends calling you bitter and clinging to guns and religion
6. He says you are spoiled you eat too much and you stay too warm.

 
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How do annuities affect the time value of money?

21 May
 
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I just inherited 21 millions dollars how should i invest my money so i never go broke. I figured i should put ?

14 May

I figured i should put half my money in a insured cd and the rest in a insured annuity income account what do you guys think isthe best way to invest without ever loosing any money

 
13 Comments

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I need help with money I inherited, how do I claim?

14 May

This will be a little lengthy, and I apologize for that in advance. I inherited some money from my Grandfather, he left it in an annuity. I have never had to deal with anything like this before. I am 18 years old, and I receive 352 dollars each month from the Government in the form of Social Security checks until the end of this summer, because my mother passed away when I was young. I have never had an on paper job, I had a really good summer job for family friends, and they didn’t pay in the form of checks. I have never paid taxes before, so I am not really familiar with that, but I could learn. I have to fill these papers out and my father is not going to help me because he didn’t inherit anything and is mad. I can take my benefit in a lump sum, I can apply for a Periodic Payment Annuity Benefit, I can elect the Beneficiary Continuation Option, I can become owner of the annuitant, I may enroll the money into a traditional or Roth IRA. I need to know which option I should choose, and they ask for Income Tax Withholding information. I can have them not withhold the taxable portion and agree that I understand I am responsible to repay them. I can have them remove 10% automatically before payment is sent, or can designate an additional portion to taxes. Help please, and thanks.

 
3 Comments

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What is the best way to invest inheritance money?

10 May

My mother just died from cancer last Sunday, and I am the primary executor of her will. In total (savings, bonds, insurance pension) should be about 1.5 mil. I am currently a Freshman in college, owe $10,000 on 2 cars, and about $100k on my house. I want to pay all of these off, but after that I do not know much about investing. I want to put a majority of the money away to collect interest, but I’m not quite sure if a bank is the right place to put it. The bank is only ensures $250k of your money if it goes under. My relatives mentioned an annuity, but I’m not too sure how that really works. I want to have some money with lots of liquidity, but I want this money to last me a long time. I am a musician, so I am not expecting a steady income for about ten more years. Thank you, any quality advice would be greatly appreciated.
I will inherit the entire 1.5 mil. I am the only person mentioned in her will.

 
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If I already have a roth ira and I want to invest more money for my retirement can I have an annuity as well?

10 May
 
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can i transfer money for a tax deferred annunity to a money market bank acct without penalty?

09 May
 
3 Comments

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