$10,000 by age 24 sounds about average allowing for circumstancial variables. For instance, if you opted to attend a 4yr college which you funded yourself or with the help of student loans then you may not have the average savings yet. However, your earning potential is significantly higher and if you saved the difference in […]
Just found out that my wife is pregnant. She has no health insurance. Her job does not offer it. I have insurance through my work.?
Your options: 1. Put her on pregnancy welfare (Medicaid) if you qualify. 2. Add her to your policy during open enrollment. That could be any time of the year depending on your employer. Becoming pregnant is not considered a life changing event so you won’t have an enrollment period because of this. 3. Buy her […]
Since the property has not been insured and you have not lived there, a smart insurance company would require an inspection. They would likely pay for it themselves and not share much beyond pass/fail with you. A survey is not a bad idea. If you have not lived there you have no idea what damage/mold/defect […]
The water company flooded my home and has accepted responsibility for it, what can I expect for compensation ?
Damn, people relax. JJGIRL just asked what to expect, not how much should she sue for. While their answers are technically correct, you are entitled to be “made whole”. This includes your home, furnishing, floor coverings, and contents restored to their original condition. It also includes any extra expenses you had to pay because of […]
Yes. If you’re young and healthy, you can probably buy a $100,000 20 year term policy for about $100 a year or less. You, however, do not seem to be healthy. Changing to monthly payments, though, adds about $10 a month to the cost, so you’re best off just paying in full. Those “no exam” […]
How to deny the insurance agent for the policy offered for my car. Premium is high & coverage is also less as compared with other companies.?
Just say no. I found a better rate with better coverages. Sorry. I hear it all the time. I hope that those that only care about costs know sometimes you get what you pay for. Some cheaper companies do not pay their claims, are not there when you need them, and may send their customer […]
You need to find out when the new job’s insurance starts, which is usually on the 1st day of the month (30 to 60 days). Then you need to find out when your current employers insurance ends. It could be on your last day of working, or on the last day of the month that […]
depends on the “card”, and the reason for the veneers. A medical card represents a form of insurance, so you are asking about the coverage of the insurance, and we cannot know that without more information. Usually, cosmetic procedures (things done just to look better) are not covered. However, repairs of damages with health impacts […]
Can my (retired) father withdraw $50K from his IRA to help with my medical expenses without incurring a tax penalty?
Item #1. If he’s 73, why do you think there *is* a 10% penalty on his IRA or 401K? Usually there isn’t one once he’s past 59.5 years of age. (Off the top of my head, the only thing I can think of is a ROTH IRA that hasn’t been open for 5 years.) Income […]
I was disabled for 2 and a half years. I start working again next month. will i owe two years in penalties for not having health insurance?
You will not have a penalty for past years. You might even be able to get a waiver for the penalty for this year. If your income is low enough since you didn’t work the full year, you would qualify to waive the penalty because insurance would not be affordable based on your income. But […]