Personal Finance - January 2007

When I did my taxes last year, the tax preparer said based on my W-2 that I CAN NOT contribute to an IRA. I withdrew my contributions for the year and have not continued since.

What is the limit to use an IRA? If I am over, what do I do with the money that is still sitting in there?

Thank you in advance,

2007-01-19 04:38:38 · 7 answers · asked by catchotheday_98 1

Items cost $ 139.00 but need to get 40% off and need a short way to calculate on calculator.

2007-01-19 04:14:52 · 12 answers · asked by Workaholic 1

Like a car?

I know the rate, but what does that mean?

Is it the total balance times the rate each month?

Or is it the total balance times the rate (for the year) divided by 12 (for just this month)????

Is it really that complicated? Am I that pathetic that I can't figure out how much interest I am paying each month?

Conversly how do you figure out interest on savings each month? (k side note, I have savings worth interest! err not much, but more than pennies!)

(Additional side note, IF husband works the same OT for the year, and IF we stay in budget, and IF there were no interest, we could pay the car off this year! course that is a lot of ifs! Most likely to fail being the interest, so I need to figure it out)

2007-01-19 03:25:05 · 3 answers · asked by Anonymous

Hello there, I am Mr chris peter.A legit loan lender.Are you into debts? Do you have a bad credit?Are you financialy down.I give out loans at low interest rate of 3%.I give out loan to Business,Auto and personal loan to Men and women who are into Business transaction, I give out long term loan for three to five years maximum with your interest in this you can as well tell me the amount you need so that I send to you the terms and condition that is if you are realing interested in getting a loan from me, Loan is given out in Pounds and $US and SGD the maximum I give is 5,000,000 both in pounds and $US and the minimum 1,000 pounds and US$ and SGD so if really you are interested mail for more info on how the loan can be transfered to you. There is one Question i have to ask are a serious individual that we take a loan and pay back after duration with the interest, if you are honest I will trust you because I like to do business with Honest people if you are one you will get the loan with out problem and for your information if you should more loan like $10,000,000m I can give only if you are one of these cartigories: Manager of a company A private Holder A broker in banks A director in any office or company A high investor of and compay If you are one of the following you can get $10,000,000US as loan or if personal loan you can request for 5,000-5,000,000 as loan. hope to here from you soon. NAME:............................ PHONE:........................... COUNTRY:.........................
LOAN AMOUNT NEEDED.....................sen... these info it is important. Mind you loans is given to every part of the world only if i see you to be honest and will pay back after duration. If you are interested you have to send the amount you need as loan so that i can give you the terms and condition on the loan for your information loan are given to every part of the world on honest people so if you are honest apply for the loan now at cpc_consultant@yahoo.com

2007-01-19 03:02:38 · 8 answers · asked by KitaL 1

I am trying to create an excel spreadsheet for my income and expenditure over the year, and on a monthly basis. I used to be bale to do this but have forgotten the formulas. I have been trying: SUM=(B2*B9) to get a subtotal, but just end up with the formula in the subtotal box. Then I tried: Sum=(B2+B3+ etc, which didn't work either! What am I doing wrong? Any experts out there can help me please?

2007-01-19 02:57:13 · 7 answers · asked by paula m 1

I have been partially approved, the operator told me she would send forms to me that I should return with an administration fee of £47.00. She then said if I do not get approved I will get this back, does this sound dodgy to you????

2007-01-19 02:41:27 · 11 answers · asked by Sharon T 2

My order has been cancelled with the seller but the echeck DOESN'T SHOW ANY CANCEL button in the action column. What should I do?! THANKS IN ADVANCE!

2007-01-19 01:51:59 · 2 answers · asked by chunsa 1

My husband and I at our income level are not able to contribute to ROTH IRA. If I understand correctly if you make more then 100k you can not even transfer from IRA to ROTH IRA until 2010 ( they singned some bill in august this year that will allow everybody to transfer in that year)

We are ~ 28% tax bracket.

I currently have old 401k that I am planning to transfer to IRA = 35k, and planning to put max in IRA for both of us from now on = 4000k per person per year.

Now the question :)

Would it be smart for us to transfer all our IRA to ROTH IRA in 2010. We would have to pay tax, how much tax would that be? What is taxable when you transfer? Considering that we are in 28% tax bracket now, and probably will be in much lower tax bracket when we retire, is it smart to pay tax on it now and transfer to ROTH iRA or is it smarter to just pay lower tax on regular IRA when we retire?

Please help, i am completely new to whole finance world, but i am trying to learn.

2007-01-19 01:45:51 · 7 answers · asked by Aida L 1

2007-01-19 01:31:01 · 3 answers · asked by LarryKO 1

I am -74.00 and i get my check direct deposited on the 1st.. will the bank automatically take it out or what?

2007-01-19 01:21:06 · 11 answers · asked by Anonymous

a site which give price on gambling have promised to pay 1 million US $ because am the 9999th person to open her site and know he is asking to claim for money but for that he want my credit card number and 14.99$ per month to gamble on her site should i trust him

2007-01-19 00:50:16 · 8 answers · asked by nitunayak 1

2007-01-19 00:34:17 · 20 answers · asked by Suzzie 3

2007-01-19 00:07:38 · 9 answers · asked by Anonymous

I find it slightly wrong that people who earn a normal amount get a bit 4p interest from te bank a year (after they've took off all the interest they've paid TO the bank off!)

YET a rich person gains 1,000s of pounds worth of interest a day/week just for letting their money sit there.

Rich people already have the money - and they get more.
Normal people barely have enough money and they get none.
Poor people have NO money and they get even less.

A bit backward?

2007-01-19 00:01:22 · 23 answers · asked by Anonymous

i borow to 10 laks others man he ask back tomoro 10 "o" clock inotget he is big problemcreacted u give the finace i will grant backplease urgently granted yours sharadha

2007-01-18 23:50:07 · 1 answers · asked by Sharadha K 1

Hi I just turned seventeen and I'm going to school and I have a part time job. I understand that I should pay for most wants, but my parents should pay for my basic personal needs like razors, shampoo, toothepaste etc.
They agreed to pay a monthly amount so I can choose how to use it whichever way I need to since I probably would know what I need more then them. How much money a month should I get? (just for like basic necessities)

2007-01-18 22:26:43 · 4 answers · asked by Stef 2

2007-01-18 22:26:16 · 5 answers · asked by joelkmoss 1

2007-01-18 22:13:33 · 10 answers · asked by Rajiv K 1

does anyone know if there is such an account that i can save money to?i want an account that i can put money into for my holidays so that i can't spend it??but i want to close the account once i have finished saving? i lie in the uk aswell:-) thanks x

2007-01-18 21:53:25 · 5 answers · asked by xloux 3

2007-01-18 21:36:40 · 13 answers · asked by feehilan 2

I dont have time !

2007-01-18 21:27:38 · 3 answers · asked by Anonymous

2007-01-18 21:08:15 · 15 answers · asked by Anonymous

2007-01-18 21:06:50 · 8 answers · asked by Ase 2

ive heard that people who pay this way (myself incuded), pay a flat rate or something of the sort, and can in fact get a rebate or be due one, apparently you have to ring them to find out how much it could be, what i want to know before i ring them, if this is actually true, i dont want to make a fool of myself, does anyone know ? thanks

2007-01-18 21:02:07 · 3 answers · asked by button moon 5

I will be out of the country for over a year. Should I give my fiance full control over my income during this time?

2007-01-18 19:18:21 · 7 answers · asked by JAN 7

1. Pay for me and bros college
2. pay for mom house
3. pay for mom car
4. fix up my car the way i want
5. buy my house
6. send small chunks to family
7. pay for gf's college
8. setup money in the bank for my kids' college
9. leave few million to live off of and collect interest in the bank
10. vacation better and more often

2007-01-18 17:37:39 · 13 answers · asked by Anonymous

I trying to figure out how much money would be takin out of my check if 10% was taking out of $40.000.

2007-01-18 17:13:16 · 8 answers · asked by blondie betty 1

2007-01-18 15:38:54 · 5 answers · asked by srvinson v 1

I'm making pretty good money and would like to try to deal with some stocks. Thanks. :)

2007-01-18 15:06:20 · 10 answers · asked by TheAllKnowingFizz 2

we are both in our late 30s and make about the same amount of money.but 5yrs ago he went thru a nasty divorce which left him in debt.the reason being is he allowed his exwife to make him feel guilty about leaving his family so he gave her everything car,bank accounts,stocks,house plus a large child support payment.i feel this was his chose(except child support) and he should have thought about this before he allowed his ex to get the better of him.if i give him the money(which i could)what stops him from giving her more when she poors on the guilt trip which she does all the time.i know this makes me sound like a b-tch but how would you feel if the ex wife gets to go on cruises(on your bfs child support money) and your bf has just enough money to go to the next state with you? this really happened!am i a bad person because i don't want to fund her next trip?

2007-01-18 14:51:09 · 24 answers · asked by karen7neely 1