Get Answers About Annuity

I understand the goverment is going to tax social security and medicare.

I have been retired 5 years,after paying into social security for 50 years-I am now 68,and my wife is 65. I have a small monthly pension,and covered by healthcare through the company I worked for 40 years. I have...

Answered 1/30/2012 | Answer This | 2 Answers | See Question

My son and I are on section 8. We are moving to another state at the end of the month. He is cashing in an annuity of 14,000 ...

My son is 18 and this money is from when he was 2 years old and was bit by a greyhound dog. He is also on disability.

Answered 1/15/2012 | Answer This | 2 Answers | See Question

Get document notarized without ID

Ok, here is my dillemma. I lost my drivers license which I need to now have replaced. I need to get a birth certificate which the request needs to be notarized and to have it notarized I need the ID. I also have...

Answered 1/8/2012 | Answer This | 11 Answers | See Question

I was left CDs, a traditional IRA, and an annuity by my mother. No Job.

I was left CDs, a traditional IRA, and an annuity by my mother. My mother died in January. I am currently unemployed. I have been primary caregiver. What can I do with this money and how? I have a trad. IRA for...

Asked 12/29/2011 | Answer This | 0 Answers | See Question

Can I rollover only a portion of my 401k to an Immediate Annuity?

Can I rollover only a portion of my 401k to an Immediate Annuity?

Answered 12/27/2011 | Answer This | 1 Answer | See Question

What is the value of a 60 year annuity?

Answered 12/16/2011 | Answer This | 1 Answer | See Question

An annuity with an infinite life is called a?

Asked 12/6/2011 | Answer This | 0 Answers | See Question

My father in law died in 2008 and my husband just received a letter in august stating he is the beneficiary.

My father in law died in Maryland and we reside in West Virginia. The amount of $81,000 is from an annuity with NY Life. Do we pay taxes on that and if so what would be an appropriate percentage? Last year we made...

Answered 11/19/2011 | Answer This | 2 Answers | See Question

How is the difference between an ordinary annuity and an annuity due affect the PV and FV of two otherwise identical annuitie...

Answered 9/22/2011 | Answer This | 1 Answer | See Question

How do you contact usg annuity and life company?

Asked 9/18/2011 | Answer This | 0 Answers | See Question

What is book-value fixed annuity?

Answered 9/11/2011 | Answer This | 1 Answer | See Question

The state of Illinois put a lien on bank account for money owed to the state for child support but it was a joint account wit...

The state of illinois put a lien on a joint bank account of my and my wifes account for child support owed to state we seperated amicably and wrote a contract that i give her money from my annuity in lieu of divorce...

Answered 9/2/2011 | Answer This | 1 Answer | See Question

types of annuities

An annuity in which payments are made at the beginning of each period is a?

Answered 8/21/2011 | Answer This | 2 Answers | See Question

Can an astranged brother of 10 years contest a will when it specificly states who is to inherit a substantial annuity in the ...

Can an estranged brother of 10 years contest a will when it specifically states who is to inherit a substantial annuity in the state of New Jersey? The x wife of 15 + years is trying to convince her x husband to...

Answered 8/11/2011 | Answer This | 1 Answer | See Question

Annuity or life insurance?

Life insurance creates an estate while annuities are an estate-liquidating instrument. Both are ordinary long-term products. If you had no option but to choose between one or the other at the moment, which would...

Asked 8/9/2011 | Answer This | 0 Answers | See Question

Can a power of attorney access an annuity?

Asked 7/26/2011 | Answer This | 0 Answers | See Question

Finance True and False Questions

For the following, indicate whether the statement is true or false. Show the question number, and then write True or False. Example: Q51. True 34. XYZ Corporation's cost of debt is less than its cost...

Asked 7/13/2011 | Answer This | 0 Answers | See Question

Wall Street is forecasting yearly dividends for FNC as follows: $1.00 (Year 1); $1.50 (year 2); $2.00 (Year 3); $3.00 (Year 4...

Wall Street is forecasting yearly dividends for FNC as follows: $1.00 (Year 1); $1.50 (year 2); $2.00 (Year 3); $3.00 (Year 4). The consensus estimate is that FNC shares will trade at $80 in four years. If the...

Asked 7/13/2011 | Answer This | 0 Answers | See Question

Heinz Corporation bonds carry a coupon of 8% and will mature in 5 years at $1,000. Newly issued 5-year bonds with similar cha...

Heinz Corporation bonds carry a coupon of 8% and will mature in 5 years at $1,000. Newly issued 5-year bonds with similar characteristics are yielding 4%. Calculate today's market price of the Heinz bond. Compute...

Asked 7/13/2011 | Answer This | 0 Answers | See Question

What happens to your lottery annuity if you die?

Asked 7/9/2011 | Answer This | 0 Answers | See Question

Structured Settlement Annuity

What is Structured Settlement Annuity,Explain in Detail and Also tell me What is the best way to Sell Structured Settlement Annuity?

Answered 7/4/2011 | Answer This | 1 Answer | See Question

Why is there a inheritance tax on a mom's annuity if the beneficiaries are named before her death? This is Pa.

I have been named a beneficiay of an annuity account . Why is there a tax due and how do I pay for it and does it go on the pa or federal tax filings when they are due next year?

Answered 6/10/2011 | Answer This | 1 Answer | See Question

How and Where can find grants to help a senior pay off credit card debt.

I have a 79 yr old mother on a fixed income. Social Security and Government Annuity (State Dept/Navy combined and it is less then $500). All total she gets less then $1,000 per month. It is all she has to live...

Answered 5/10/2011 | Answer This | 2 Answers | See Question

Husband and i took part of his annuity out last year and are paying it back, now divorce may happen, CAN i STILL get whats le...

Last year my husband and i took out about a third of his annuity, i signed papers, we needed to pay bills. We actually signed papers to "pay it back" and have been paying it back monthly since then. Now...

Answered 5/5/2011 | Answer This | 2 Answers | See Question

Tax on lump sum ira annuity

I am 62 and using the cash to pay a student loan I took out for my son .

Answered 5/5/2011 | Answer This | 1 Answer | See Question

Retirement Annuity Benefits

My ex-husband and I were divorced in 2001, after nearly 20 years of marriage. I was awarded a percentage of his retirement, though he was still employed at the time. When he did retire, he did so as disabled....

Answered 4/12/2011 | Answer This | 1 Answer | See Question

What would you consider the best type of annuity for someone in their early fifties?

Consider that there are two types of annuities - variable and fixed (with equity index annuities being a type of fixed annuity). Assuming that a person has already made the maximum permissable contributions to...

Answered 4/6/2011 | Answer This | 5 Answers | See Question

If you retired today, what would you do with your 401(k) and other retirement savings?

The 401(k) plan and other retirement savings arrangements many employees contribute to is refunded to them in a lump sum upon retirement, at which point they have to decide where to put the money. If they keep...

Answered 4/5/2011 | Answer This | 8 Answers | See Question

I amcollecting unemployment benifits out of Las Vegas, i am drowning in debt

What will happen if i pull my annuity and is this something i can work out with them?

Answered 3/28/2011 | Answer This | 1 Answer | See Question

Csf1099r box 5 insurance premiums

Csf1099r do i deduct box 5 insurance premiums from taxable amount survivor annuity her husband passed awhile ago(not sure of date) I read that the health insurance premiums were not taxed so maybe they are not...

Answered 3/22/2011 | Answer This | 1 Answer | See Question