Personal Finance - February 2007

Is it possible to convert a personal pension account to a 401K?
That way the company can't do an Enron and steal the money?

2007-02-08 05:06:05 · 1 answers · asked by Indiana Jones 6

2007-02-08 05:05:07 · 2 answers · asked by sasha r 1

I want to put money into savings every month but I don't want any other access to it. I always end up spending it. How do I do this?

2007-02-08 04:54:00 · 9 answers · asked by Anonymous

2007-02-08 04:27:24 · 3 answers · asked by dare2bthere 1

My mom is very healthy at 70. I've been managing her IRA for many years. In the meantime, I've been providing for her living expenses so she wouldn't need to tap into the IRA. We've been making mandatory withdrawls and saving that in a separate account. Recently, she mentioned to me that she might leave her IRA to me in her will.

That brings up this issue. If I have a choice, what is the best way to inherit money? I could ask my mom to withdraw the IRA money gradually over the next 15-20 years (she comes from a long-lived family) and possibly give me the money as cash. I could leave things alone and possibly inherit the traditional IRA. Or, I could ask her to convert the traditional IRA into a roth IRA. Any suggestions?

2007-02-08 04:15:12 · 3 answers · asked by Jentleman 2

the same path. If her return trip takes her 1.5 hours, determine her average speed on her walk back.

2007-02-08 04:13:00 · 5 answers · asked by kp 2

2007-02-08 04:10:52 · 3 answers · asked by Anonymous

husband sick , we have savings, i would like to give my children gift of monies. how much can i give them before being penalized in the event my husband must enter nursing home?

2007-02-08 03:52:02 · 6 answers · asked by CJ 2

I track my checking account and my American Express account with Microsoft Money. I put all of my job expenses on my Amex card and as the charges come in to Money I categorize them as "Reimbursed Job Expense". Then I get a reimbursement check from my employer and categorize that also as Reimbursed Job Expense. That is awkward right there because it isn't an expense, but its the only way I've found to stop Money from wanting to treat it as income. At that point when I pay the Amex card, I can't mark that payment Reimbursed Job Expense because that would make it look like my expenses are doubled. So I guess I need to mark the payment as an account transfer? Is this how you would do it?

2007-02-08 03:36:00 · 1 answers · asked by Key 3

IS A ADVERTISEMENT AN THE INTERNET SAY., HOUSE OF DREAM CHARITY RAFFLE/. WIN ONE MILLION DOLLARS CASH OR A DREAM HOME BUILT ANYWHERE, IS THIS A FRAUD ? $100 US DOLLARS PER TICKET

2007-02-08 03:24:30 · 3 answers · asked by Juan C 4

2007-02-08 03:14:23 · 5 answers · asked by Burn to Shine 2

Here's my dilemma. I have about 10k in the bank. I could either use that money to pay off most of my debt (eg. car note, school loan) or hang on to that money for the upfront cash required when buying a home.

The APR on my debt is approx. 5% which is probably going to be better than the mortgage APR I'd be getting. Should I pay off the debt so that I can better qualify for a mortgage loan or should I use that money for the upfront costs?

I heard that some lenders would be willing to up the loan to roll in the closing costs, etc. If I do this, then I can pay off my personal debt to better qualify for the mortgage.

What would you do?

Thanks

2007-02-08 03:08:50 · 6 answers · asked by Anonymous

I needed a loan, and i posted a question for a private lender that could help. I received a response from a chris peters stating that he owed his own private lending company in london, england. Has anyone received a loan from him before, or even heard of him? Please help me out before I go through with this.

2007-02-08 02:45:59 · 4 answers · asked by GossipQueen101 1

I bet that sometime in the next few years there will be a local, regional or national emergency that will make it difficult or almost impossible to pay for things for a few days using a Credit or Debit Card.

Who knows what will happen. Maybe a banking failure, an Internet crash, weather disaster or a terrorist attack that is so bad the banking system fails. In this case having some cash around would be very nice.

How much cash do you have to deal with such an emergncy?

2007-02-08 02:33:29 · 4 answers · asked by the answer is 2

I don't want to end up with one dollar!

2007-02-08 02:08:16 · 6 answers · asked by pylon 1

2007-02-08 01:18:48 · 17 answers · asked by Anonymous

2007-02-08 00:44:39 · 4 answers · asked by shua256 2

2007-02-08 00:22:17 · 14 answers · asked by Senorita 3

2007-02-08 00:22:08 · 5 answers · asked by beat_this_program 1

how can i trust to cive them my credit card no with all these credit card fraud these days? pls help me!

2007-02-07 23:29:12 · 12 answers · asked by Anonymous

to deposit my points in? I also have some unredeemed space credits.

2007-02-07 23:25:35 · 5 answers · asked by Anonymous

2007-02-07 22:55:32 · 8 answers · asked by o 1

2007-02-07 22:40:31 · 24 answers · asked by Piet Strydom 3

Under 62, Unemployed, but on Military Pension (1099-R), I have submitted $3K through payment plan, but do not have any Earned Income. Should I leave the money and pay 6% penalty or have the money returned. (If money is returned am I subject to 10% penalty for early withdrawal, even though deposits were not authorized?)

2007-02-07 22:21:34 · 2 answers · asked by P-3 Hoser 2

My name is Anthony C. Gloria
My SSS number is 33-2599692-2
My birthdate is October 31,1977

2007-02-07 22:12:31 · 1 answers · asked by nikki ann g 1

2007-02-07 21:48:16 · 2 answers · asked by megha 1

2007-02-07 21:43:04 · 4 answers · asked by bonnie-bee 2

ive been with this company for 6 years, now i am 34 years old and i have about 20 grand in there, now the company matches it with 6%, i was wondering how could i retire at the age of 65, will the 401k be enuff, i also understand the money gets invested in stocks over seas, will this be enuff

2007-02-07 20:11:54 · 3 answers · asked by Anonymous

Current stats:
Rent-$535
Water/Trash-$30
Electric-$70
Required Rental Insurance-$20
TOTAL:$655 per month/$7860 per year

Stats for different apt:
Rent-$430
Water/Trash-Included
Electric-$70(smaller place,no icemaker or dishwasher to use,window AC/heating units so we can use better climate control,but washer/dryer connections which we don't have now)
Rental Insurance-not required
TOTAL:$500 per month/$6000 per year

We're currently living in an apartment that is as much as we're willing to pay for an apartment.It's nice,but not one of the overly pretty brand-new complexes in town.The next one bedroom apts up from this one cost $700-900.One step lower that we'd be willing to live in(not drug infested,rundown)would be the apt for $430.We're wanting to save to buy a house hopefully in the next 5 years. Question:Is the $1860 savings per year worth moving to a slightly smaller apartment & going through all the stresses(financially,mentally,physically) of a move?

2007-02-07 19:02:50 · 4 answers · asked by Keruma 2

2007-02-07 18:17:04 · 2 answers · asked by Pravas S 1