Wild Card Questions
divorce and financial obligations
How can one protect one’s personal saving accounts during a divorce? I have made substantially more than my spouse and..
filing income tax return
I’m 71 yrs old wondering if you advise free filing for my income taxes through IRS free file, and if..
Refinancing car loan
Is it a good time to refinance my new car I bought in 2022?
Federal tax for monetary gifts
Hello Terry – I want to set up a custodial account for each of my 4 young grandchildren. I know..
Lottery winnings
I live,with my brother who I care for. He has Parkinson. He plays the daily lottery and wins occasionally. He’s..
Late in life marriage financial ramifications
Hi Terry, I so appreciate the expert advice you share here and on WGN. My long-term boyfriend and I, both..
Protecting against scam
How do I report possible credit fraud? I’m worried I was scammed.
Medical Bill from Cancun
My father went to Cancun last year and had a seizure. He was transported to the hospital from the hotel...
401k match
Hi Terry, a group of people at my office were discussing the 401k match of 4% that our company offers...
Gifts to adult children from 401K
I am 71 years old and still working full-time. May I gift to an adult child from my 401K tax..
Completing the information on back of bond
I have moved to a new mailing address different from that printed on the front of the bond. On the..
Social Security
My husband, a retired postal worker, receives a small social security benefit (less than $1,800 a year) in addition to..
Illinois estate tax exemption proposed changes
Hi Terry, there is a new bill being kicked-around in Springfield that would increase the Illinois estate tax exemption from..
Stock Transfer
Terry, I work for a large corporation and one of my customers sold their business to an employee and when..
POA of now deceased brother in law
I was my brother in law’s POA, he died in May of 2023. He left me some money through his..
Funeral prepaid
is it a good idea to prearrange a funeral.
Social security disability application
My daughter applied for disability over a year ago. They keep delaying her an answer. Is this normal or is..
Teachers and Social Security
I taught for 36 years, and I have my 40 for SS. I know I’ve been penalized, I get some,..
Bank fraud as talked about on Wendy’s show today.
Good afternoon Terry, Our friend had his information stolen from a locker at the local gym. They did not take..
Social Security pay back
Terry, I received a letter from Social Security stating I owe one month payment back to them. I believe this..