A bond owned by a child less than 24 does not qualify, so typically the owner needs to be the parent of a child going to school (unless the student child is over 24).
The entry below is posted on behalf of Lynn Lawrance, CFP: Question: I would like information on immediate annuities. How is the payout determined? Do interest rates have any bearing on the payout? If I purchase the annuity, I will...
In between feasts of lamb and ham at my future in-laws' home this weekend, I perused a copy of the May issue of Consumer Reports. The magazine offered some good basic supermarket shopping tips, including products displayed at the end...
Hi! I need some advise, please. I am 74 years old and my wife is 68. We are both retired. Our only income is from Social Security and our daughter sends us $1000 a month. This just about covers our...
Love your write ups. Thanks for sharing them all. I have some financial questions I would love some advice on please: I am a 34 yr single adult within a job transition. I was laid off in 2008, and had...
OK, technically speaking, this isn't a tip on how to save. But don't we all need some good news these days? This is from the Seeking Alpha website: Less than five months ago, the price of oil and other key...
There's no magic, folks. No fairy dust solutions. Smart people repeat the same advice over and over. The folks at Vanguard, the investment company, have a web page titled "Learning to keep costs under control." For instance: Learn to say...
Question: My husband is 63 and I am 61. I have applied to take my Social Security beginning March 2009. I have worked off and on all our married life and it will be about $571. a month. My initial...
After a weekend run down to the Hill Country and back -- much of it spent checking the prices at each gas station I passed -- I took a look at prices around Dallas. A couple of 'em showed why...
Question: We make $95,000 per year before taxes. Husband and wife both work. Have excellent credit. We have a $102,000 remaining and 20 years left on mortgage. We have a $7,600 home equity loan. We have a $13,500 car loan....
Question: I am 39 and have the maximum amount allowed put into my IRA each month. Also, I have another account that I deposit $300.00 each month that is an account that I can easily obtain the cash if needed....
Question: My question is whether or not I should pay off my mortgage with bank savings. I am currently employed in the auto industry and make about $100,000 gross. My wife works as a teacher's assistant and makes about $17,000...
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