RSS
 

Posts Tagged ‘Take’

Can a collection agency take money from an annuity checking or savings acct without your permission?

06 Jun

In law gets an annuity check each month and thinks this collection agency is going to get her government check. Can this happen?

 
4 Comments

Posted in Uncategorized

 

can the irs take my money and home that is in my name only?

05 Jun

My husband ran up at least 2 hundred thousand dollars in debt with out my knowledge while trying to keep his business afloat. 100 thousand with the irs!!!! am I liable? Luckily when he started being secretive and forging my name to withdraw money from his annuity, I
I started to file my taxes married but separate. I talked him into putting our home in my name only. I want to sell it and pay off some of our equity line of credit. I had know Idea he owed all this money to family friends and the irs. he refuses to quit this business and get a job cause he says that at 53 years old he can’;t get a job and that his business will be fine. he won’t go to counseling, I am sick and cant hold this up much longer. what are my rights what can i do. I don’t want to lose everything.

 
6 Comments

Posted in Uncategorized

 

Can Mass. DOR take my money?

27 May

My husband and I just got married last week and he has back owed child support. I am all for helping him pay off the back owed money as I was raised by my mom and my father barely paid a cent, however we are very low on funds. I have only filled out our marriage license to change my name, if I change my name on everything else (SS #, bank account, state ID) can DOR come after any money I might have saved? Or place a levy on my bank account (if his name isn’t on it)?
I am a stay at home mom and my mom sends me money every so often, and I also sell stuff online so the very little extra money we have is spent on our family needs. My husband pays weekly support towards current and back owed support and hasn’t missed a payment since he started his new job almost two years ago.
My other question if when we file our 2008 taxes (I worked for a little while before going on bed rest at the beginning of the year) should I file married filing single or file jointly? I know if we file jointly they will seize all of our refund, but can they still seize my refund if I file single? I rely on my refund to purchase clothing to fit our kids for the year as well as playing catch up on some older bills.

 

Variable annuity went down. We lost SOME MONEY, will it go back up or should I take my money out?

01 May

I’m working with a financial planner and I just don’t get what’s going on, so I wanna know if I need to take my money out or if my money will go back up if and when the economy gets better??

thanks all help greatly appreciated!!!
If you don’t recommend getting annuities, what investments would you suggest for someone, that’s not really into risk taking.

 
5 Comments

Posted in Uncategorized

 

How do I take money out of an annuity?

30 Apr

I have an annuity that my mom made for me when I was younger…I am 18 years old now and was transferred into my name with no guardianship of the account…. Now I am wondering how to take money out to pay for my first car. I know about the penalty fees and what not

 

Is it bad to take from Life Insurance Policy?

29 Apr

There’s a organization which is non-profitable. Sadly, I live in this damn organization. However, i went to the site’s webpage and looked under what donations are acceptable. It reads:

Gifts of cash, stocks, bonds, and deferred gifts such as life income (Annuity, Unitrust), life insurance policies, charitable lead trusts, and bequests will be accepted.

Now, I looked up why is life insurance so important and it covers a person’s life and in case of accidently deaths and such. So, when the person dies the family doesn’t have to go bankrupt and sell their home.

I also looked up Life Income and it sounded to me that you give the doner money and they give you money back. Also, what sounds alittle screwy is the bonds and stocks. No wonder why the stock markey crashed. LOL! just kidding.

Is this organization scamming people or what is your opinions on it?

 
1 Comment

Posted in Uncategorized

 

I heard if you start a 401k you can invest up to a certain amount without affecting your current take home $?

28 Apr
 

How long do you think it will take to get from O’hare to John Hancock Building during rush hour?

24 Apr

I will be flying into O’hare around 330pm cst to attend a meeting downtown. I was wondering how long it would take by car during rush hour or if it would be quicker to take the train and transfer to get down there. Thanks in advance

 

can I take a capital loss write off for a cashed in life annuity policy?

16 Apr

I cancelled a variable life annutity contract after 4 years of contributing with my post tax dollars. Surrender charges were outrageous, can I deduct them as a capital loss?

 
1 Comment

Posted in Uncategorized

 

how can the courts tell me that if I’m in jail is not a good reason notto pay child support! and take my lic’s

15 Apr

i was in jail yet when i got out i was told that being in jail is no reason not to pay child support. even when i was homeless i was told to sell my cloths and give it to child support! yet my ex as not even given me a photo of my kids in 9 years! she is a r.n and makes lots of $ i made 6000.00 last year and the payments are 100.00 a week. she will not even give me a address or see them in all this time! or any info on them she hangs up most of the time on me or makes the kids do it.she has a cell phone so i can’t know the area code were she lives! i looked her up in people finder she as lived in 5 diffrent states since our divorce… the courts just say get a lawyer yet i can’t even find a job anymore! and will soon be homeless again..since i was a truck driver!for the past 14 years. much less going back to jail for missing so many payments. i have already gone to jail 3 times for missing payments because of them taking my lic! i have tryed everything to get a job but the background

 

is it better to take a lump sum for retirement or annuity payments for life if you are 61 years old?

02 Apr

Since the stock market is so shakey I wouldn’t want to lose my retirement money to the stock market! What are the tax implications and benefits?

 

My mom is trying to take out back child support money!!!?

14 Mar

Here’s the story. My mother had not taken care of me since I was 11 but still claimed me on her welfare. My father just got a reallly big settlement check and he has put 63,000 to the courts to pay us back. Well my mom told my younger sister that it is her money and she might give us some of it. She never even told us that the money had come. Both my sister and I are 22 and 24. We are on our own I am homeless with no car, my sister just got a house and has a 6 year old daughter.

My sister called out Media today to ask if the check could be written out in her name because my mom is trying to steal it. The woman responded ” no because that is not your money its your mothers money” “40K goes to child support and you mother gets the rest.” Does child support really get their money back? I mean what was it just a loan? Being as tho my sister and I are on our own, wouldn’t we get the money. Could we take it to court? My mom hasnt done a thing for me since I was 12, except for tell me to go sell drugs and take care of myself cause I was now a man. She has kicked me out of the house numbers of times over her 1,000 boyfriends and If I got that money, I would get somewhere to live, and a car. And a job. I need advice!!!
Also my mom didn’t work more than 90% of the time when we were growing up. So welfare also paid gave her money on her behalf. So if my mom and dad are supposed to go half and half on us, then shouldn’t my dad only have to pay half of what is owed to welfare?

And taxpayers don’t get their money back, they never do! It goes to the crooked cops, and other welfare recipients like my crappy mother did! I just dont see how it is her money and she didn’t take care of me. She is a bitch, and almost had me killed by one of her other low life boyfriends. She has been on welfare all of her life and has treated all 6 of us like crap!!! I need a place to stay and a car, its because of her and my dad that I am in the position that I am in now!

 

Can the courts take someones property who owes back child support and give it to the children?

13 Mar

Ok, so my friend seems to think that because his dad owes back child support, they are going to take his truck and give it to him. I for one know this isn’t true, they can put a lien on the truck so he cant sell it, or they can take it and SELL it if he has a few vehicles. But they will not give it to the child because its his fathers personal property. Am i right or am i wrong. he doesn’t even have an order against him yet, but there getting ready to go to court because he hasn’t paid, so its not like he has an order against him already and hes not paying. Tell me who’s right, because ive showed him multiple things to prove it, but hes hard headed. give me some proof if you can. Thanks.

 

How long would it take to get from Wentworth Avenue,Sydney to The Sydney Harbor Bridge?

09 Mar

Could you walk it?

 
3 Comments

Posted in Uncategorized

 

can anyone direct me in the right path where I can take early ira distributions without paying 10%irs penalty?

08 Mar

I am currently 31 yrs old and would like to start taking annual distributions from my ira, I know that i can by rule72t in the irs guidelines, I am wanting to know which mutual funds or possibly variable annuity would let me take out early distributions using rule72t?