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Credit/Debt
Turned down for auto loan
My husband and I purchased a new car in 2019. We could have paid cash for it at that time..
Financial Planning / Retirement
Roth IRA contributions in year of retirement
If I continue to work through the month of January 2022 and then retire, can I contribute the full $7,000..
Wild Card & Pandemic Related
Stimulus and divorce
Hi Terry, I was separated from my ex husband and going through the divorce process. He filed single 2018 and..
Chicken Money
Retirement Income — no risk
I have a million in savings mostly in CDs making nothing now. I’m 62 and ready to retire and would..
Investments
Fidelity Balanced Fund
Is it advisable for retirees to purchase?
College Savings / Student Loans
College Loan or private pay?
Dear Terry, We have roughly saved enough money for our daughters college fund, but the majority of the college fund..
Insurance & Annuities
Whole life Insurance
I have a Met Life Whole Life Insurance policy on myself. Annualized premium is 489.00. Total Current Death Benefit: 61,640.92..
Economy & Taxes
Stepped up cost basis
There is talk about eliminating the stepped up cost basis on assets being inherited by heirs. Would this include home..
Housing / Real Estate
HOME EQUITY LINE OF CREDIT
My mom passed away Sept 2020. I am a “Grantor” on her Home Eq line of credit. Since I have..
