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Personal Finance & Money : Recent Questions and Answers (Page 56)

Find answers to your questions about Personal Finance & Money or help others by answering their Personal Finance & Money questions.

Owed taxes for discounted health care after pension cash out

Last year in 2019 my Mom signed up for "Obamacare". At the time she signed up, she was under 400% of the poverty limit, which for 1 person was 12,490...

Asked on 08/18/2021 by Gabe Johnson

1 answer

Is money from the sale of an asset considered income?

Is money from the sale of an asset, like a pickup truck, considered income? For example, let's say I am a carpenter and I buy a new pickup truck for...

Asked on 08/18/2021

3 answer

Credit card minimum monthly payment

I am opening a new credit card and am not sure exactly what this clause means:Your Minimum Payment Each Month. Each billing cycle, you must pay at least the Minimum...

Asked on 08/17/2021

4 answer

Questions about Financial ratio

I am doing some tutorial questions about financial ratio and encounters some problems that I would like to share in this forum.Why we use Profit AFTER Interest & Tax as...

Asked on 08/17/2021 by LuisSuarez7

1 answer

Can a Non-Working Spouse with Only Social Security Income Contribute to an IRA?

In the United States, if a man over 50 retires and has only Social Security income---yet his wife continues to work an earns income in excess of $14,000 can the...

Asked on 08/17/2021

1 answer

How does the process of buying a customized new car on the brand's website work?

Interested in buying a brand new car (in the US) for the first time, I went browsing through the websites of car companies to check prices and customization features. In...

Asked on 08/17/2021 by AndraSol

3 answer

Condo HOA/maintainence fee versus upkeeping a house

How does the maintenance fee of a condo compare to up keeping a house where there is no maintenance fee. Does upkeeping a small/medium sized house cost less than...

Asked on 08/17/2021

4 answer

Will U.S brokers accept a utility bill as a proof of residency if it is not registered in my name?

Will U.S brokers accept a utility bill as a proof of residency-address (when opening account) if it is not registered in my name?...

Asked on 08/17/2021

1 answer

Why do people who sell something on a marketplace ever allow the price to go down?

This question really goes for any kind of "financial instrument" or whatever the generic term is, but I'm going to mention Bitcoin as an example. I fundamentally don't understand why,...

Asked on 08/17/2021 by C Sprabary

4 answer

Is there an upper limit to amount of money a person can contribute to a traditional IRA if he is okay making a non tax deductible contribution?

Consider a person who wants to contribute $50,000 to his traditional IRA account per year. Now I know there is a limit of $6000 for tax deductible amount you can...

Asked on 08/17/2021

2 answer

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