Answer Box

Can a grandparent deduct contributions to a 529 plan for state taxes.?

Fri, 06 Aug 2010 15:00:27 CDT

I set up a 529 college savings plan for each of my two daughters. I decided on the South Carolina Future Scholar Direct Sold plan due to low fees and state tax deduction for contributions. My questi ...

Asked By : JuneJun ( Total points : 128 )

How early can I start a 529 Plan?

Fri, 06 Aug 2010 14:18:43 CDT

I live in the state of RI. I have no children yet but want to start a 529 plan now for future children. Does RI allow that? Can I put myself as the beneficiary for now and then change it to the chi ...

Asked By : dKramer ( Total points : 148 )

When did you start saving for a car?

Fri, 06 Aug 2010 14:17:51 CDT

My parents told me i have to buy my own car. I understand though because I come from a big family. So when did you start saving for your car? Is 13 a little early? I really want to get a nice car like ...

Asked By : Samantha ( Total points : 287 )

When you start 529 plan in one state, for example here in WV, and move another state, what happens?

Fri, 06 Aug 2010 14:15:16 CDT

We want to start an educational 529 plan here in West Virginia but what happens if we move to another state in the future? Also, can the money be used for any university or college in the United Stat ...

Asked By : Amanda ( Total points : 140 )

What is a Section 529 Plan? How can it be used for tax planning purposes? Provide a comprehensive analysis?

Fri, 06 Aug 2010 14:10:29 CDT

Full question What is meant by a "Section 529 Plan?" How can this Section be used for tax planning purposes? Be sure to provide a comprehensive analysis of this section along with examples/illustra ...

Asked By : roxychad ( Total points : 139 )

Besides the 529 plan, what would you invest in for your baby's future?

Fri, 06 Aug 2010 14:00:57 CDT

I know there is the 529 plan, but what if and hopefully it happens, what if he gets a scholarship because he is as smart as his mommy, lol? What other forms of investments would seem best for a baby ...

Asked By : dKramer ( Total points : 148 )

Can a single 529 plan have multiple beneficiaries?

Fri, 06 Aug 2010 13:53:57 CDT

I want to set up a 529 plan for my nephew. My brother plans on having more children, so rather than set up individual ones for each child can I have one 'pool' and all kids can draw from it?

Asked By : Charlotte ( Total points : 149 )

What kind of educational fees can be paid out of a 529 plan?

Fri, 06 Aug 2010 13:53:54 CDT

I have a 529 savings plan for my nephew (who is 11). He has recently been invited into a gifted and talented program, which will cost him $3,000. I was wondering, can I use the 529 plan to pay for th ...

Asked By : JamesM ( Total points : 120 )

What 529 plan withdraw paper work needs to be filed to avoid taxes/penalties?

Fri, 06 Aug 2010 13:52:39 CDT

When withdrawing money from a 529 plan, what paper work needs to be filed to confirm it was spent on educational expenses (to avoid taxes/penalties)? It probably varies between states, and if so, I'm ...

Asked By : BartSim ( Total points : 143 )

Can you start a 529 college savings plan before the child is born?

Fri, 06 Aug 2010 13:31:29 CDT

I am signing up for Upromise and they offer a 529 plan as an option. The only problem is that I don't have any children yet (I just like to plan ahead). Can you start one without the child being bor ...

Asked By : Jsmith ( Total points : 190 )

At what age do people start saving for retirement?

Fri, 06 Aug 2010 13:23:00 CDT

Im am 17, will be 18 in less than a week. I hear all the time that it is good to start saving for retirement early. Soo do i just open another savings account for it or what? Tell me anything you thin ...

Asked By : roxychad ( Total points : 139 )

529 Plan ???

Fri, 06 Aug 2010 13:12:23 CDT

If I invest in a 529 plan and my son earns a full scholarship, what happens to the money? Also, can I start a 529 plan on my own, or do I need to pay some financial adviser to set it up?

Asked By : Katrina ( Total points : 270 )

What is the effect of a person saving all his money at home, while the rate of inflation increases every year?

Fri, 06 Aug 2010 13:10:26 CDT

What are the effects of a person saving his money in a till at home, but there is a substantial increase in inflation every year? Thanks!

Asked By : Amanda ( Total points : 140 )

How does the US Oil Fund (USO on Amex) work?

Wed, 21 Jul 2010 03:21:57 CDT

I have been following the fund since it was created earlier this year. When it was first started the pricing closely followed the spot and front month price of oil, but now it is priced more than $5 l ...

Asked By : jimmyj ( Total points : 123 )

Why is a market in contango when prices are falling and backwardation when they are rising?

Wed, 21 Jul 2010 03:12:21 CDT

I understand what a contango (futures prices greater than spot prices) and a backwardation is, but don't understand the link between changing spot prices and relationships between spot and futures pri ...

Asked By : roxychad ( Total points : 139 )

What are baulk rates? What is it's relation with contango or backwardation?

Wed, 21 Jul 2010 03:04:56 CDT

Asked By : smartguy ( Total points : 129 )

When crude oil is in contango, does that usually mean prices will go up or down?

Wed, 21 Jul 2010 02:53:22 CDT

Is contango when farther out crude futures are lower than the front month?

Asked By : Andrew ( Total points : 111 )

Contango and Backwardation?

Wed, 21 Jul 2010 02:41:27 CDT

Asked By : Samantha ( Total points : 287 )

Fill in this ; __ rates: contango or backwardation (word of 5 letters)?

Wed, 21 Jul 2010 02:27:33 CDT

Asked By : Amanda ( Total points : 140 )

Where to check if Oil Futures are CURRENTLY in contango or in backwardation?

Wed, 21 Jul 2010 02:24:36 CDT

I've found lots of articles on the topic but all have outdated information... Where can I find recent data? Thanks

Asked By : MyaKim ( Total points : 318 )

What are the best oil related stocks or etf's to own right now?

Wed, 21 Jul 2010 02:20:07 CDT

Are there oil related stocks or etf's not subject to contango or hedging?

Asked By : obione ( Total points : 131 )

floating storage question in relation to crude price?

Wed, 21 Jul 2010 01:42:49 CDT

I was reading an article yesterday about the increased use of vlccs as floating storage, something like 80 mill bbls on the water. This being a product of historically lower freight costs and extreme ...

Asked By : Shimmy ( Total points : 136 )

how do you check futures prices?

Wed, 21 Jul 2010 01:26:01 CDT

whether something is in contango or backwardation?

Asked By : Andy01 ( Total points : 116 )

What is a Business Risk?

Sun, 27 Jun 2010 12:24:47 CDT

how do you define business risk? [youtube]Asked By : anonymous ( Total points : -75 )

what year was justin bieber born in?

Fri, 02 Apr 2010 13:50:00 CDT

i need to know cause we have a poetry write about him somone plaese help me hook up answer for me please help me <3

Asked By : anonymous ( Total points : -75 )

What's the best way to store receipts?

Mon, 29 Mar 2010 14:15:07 CDT

My receipts are all over the place and I can never find what I'm looking for how can I improve my storage method?

Asked By : anonymous ( Total points : -75 )

Do I have to pay taxes on my social security benefits?

Thu, 04 Mar 2010 04:31:45 CDT

Do I have to pay taxes on my social security benefits?

Asked By : SamGold ( Total points : 176 )

Where can I go to file my taxes on line?

Wed, 03 Mar 2010 14:29:47 CDT

Which website is the best to file on line? What is the best website to go to that is safe and reliable?

Asked By : LinaHeart ( Total points : 121 )

What were the tax brackets for 2010?

Wed, 03 Mar 2010 14:22:53 CDT

What were the tax brackets for 2010?

Asked By : Zack25 ( Total points : 125 )

On a cash prize how much taxes is calculated?

Wed, 03 Mar 2010 14:13:21 CDT

Few days ago, I won $500 as a prize at work. It taxed the cash prize. Before I heard that on $1000 taxes are charged. Please clear my confusion. what are the rules of taxes on $500 prize?

Asked By : Johnny ( Total points : 154 )

Is it possible to pay due taxes of last six years?

Wed, 03 Mar 2010 14:07:16 CDT

At what income person is not said to file the taxes? I have not filled the taxes of past six years. If I will pay at once then will I be caught? If for a period of time W4 form is not available to the ...

Asked By : anonymous ( Total points : -75 )

Property taxes are fair or unfair to fund literacy?

Wed, 03 Mar 2010 14:02:41 CDT

Are sales taxes, state and city income taxes and property taxes capitalizing education? For a state lottery, what are financial and social inferences?

Asked By : JackPot ( Total points : 100 )

What should I claim on my W-2 form to get more money back?

Wed, 03 Mar 2010 14:00:12 CDT

I want to get more money back this year. What should I claim on my taxes?

Asked By : JamesM ( Total points : 120 )

What is the best way to advertise?

Sat, 13 Feb 2010 01:04:01 CDT

What is the best way to advertise to get maximum exposure? I don't want to waste my money by advertising ineffectively.

Asked By : anonymous ( Total points : -75 )

How can I reduce my cable bill?

Wed, 10 Feb 2010 19:43:10 CDT

I have DirecTV but they are charging me way too much. What can I do to reduce my bill? Can I switch to Dish without incurring too much cost?

Asked By : anonymous ( Total points : -75 )

What can I do to create extra income?

Thu, 04 Feb 2010 16:44:21 CDT

How can I earn more money or generate extra cash flow? How can I earn more money? What are some things that I can do to earn more money?

Asked By : LinaHeart ( Total points : 121 )

Will a journalism degree be valued in advertising and marketing?

Thu, 04 Feb 2010 16:37:51 CDT

I want to get into the advertising and marketing industry. I have the journalism degree. Can I make use of my journalism degree in the advertising and marketing sector?

Asked By : jakeblake ( Total points : 134 )

Tell me some good advertising and marketing techniques for the English school. ?

Thu, 04 Feb 2010 16:31:50 CDT

There is a school in a Japan who is trying to get the students to study the English at their all day intensive programs. I am completely new to the advertising and marketing sector. Will writing blogs ...

Asked By : Amanda ( Total points : 140 )

Do you need a PHD do become a professor for business and finance?

Thu, 21 Jan 2010 17:48:27 CDT

I want to become a professor of business and finance. I have completed my MBA and want to pursue PHD through online. Is there any importance of the school from where I will have my PHD? It will be con ...

Asked By : Tony ( Total points : 110 )

What would be the salary if I complete dual specialization in business and finance?

Thu, 21 Jan 2010 17:45:10 CDT

I am pursuing my graduation degree. I am planning to select international business & finance in my post graduation study. If I select this then how much salary I should expect for me given by the comp ...

Asked By : karoon ( Total points : 104 )

Is it possible, renting real estate for bucks and financial help?

Sun, 17 Jan 2010 17:04:23 CDT

I have seen a 3 bed room flat. I am employed and currently have only 60,000 with me. I can search for a job. I have saved this money to invest in real estate so that I could do renting on that. So, is ...

Asked By : gina ( Total points : 73 )

Can I get loan/cash (Rs. 1,00,000) on the basis of refundable security deposit (Rs. 70,000) paid by me?

Sun, 17 Jan 2010 04:59:20 CDT

Hello friends, I have recently completed my MBA in marketing. My aim is established own business but currently I have financial issue. For the first investment, Rs. 1,00,000 is needed while I have onl ...

Asked By : Tony ( Total points : 110 )

How can I make a career in politics?

Tue, 12 Jan 2010 12:20:30 CDT

Hi guys, I have completed bachelor degree in Economics from Harvard University, USA. Now I have decided to make a bright career in politics. In college, I was the Union President of Student Originatio ...

Asked By : honeypoo ( Total points : 95 )

How to target corporation advertising?

Tue, 12 Jan 2010 12:18:21 CDT

Hi guys, I have recently completed my MBA in marketing. During study I have heard about Corporation advertisement on Internet. Today, can somebody tell me, how to target on Corporation advertising wor ...

Asked By : Summer ( Total points : 123 )

How to invest in global microfinance?

Sun, 10 Jan 2010 23:56:44 CDT

Hi, my friend is a professional investor and regularly invests in microfinance. I have also decided to invest in microfinance. I have heard about global microfinance is giving more and more profit in ...

Asked By : roxychad ( Total points : 139 )

What are Corporations and their objectives?

Sun, 10 Jan 2010 23:55:11 CDT

What are Corporations and their objectives?

Asked By : Katrina ( Total points : 270 )

What can you do to get out of debt?

Wed, 06 Jan 2010 16:58:27 CDT

What can you do do get out of debt? What are some action steps you can take to save and spend less?

Asked By : anonymous ( Total points : -75 )

What are the different Career Prospects for a Geology Career?

Wed, 06 Jan 2010 04:24:10 CDT

I’m thinking to select Geology as my career in graduate. What are the different Career Prospects for a Geology Career?

Asked By : jimmyj ( Total points : 123 )

How long should I keep credit card statements?

Wed, 06 Jan 2010 04:11:16 CDT

: Recently I observed that my friends, who have credit card, are very alert and keep a record of all their credit card statements. I have also a credit card but I ignored to keep such a record. I want ...

Asked By : AlexMill ( Total points : 90 )

how can I get loans for a small business?

Wed, 06 Jan 2010 04:09:05 CDT

I have decided to open a small business. My age is 23 years. There is small part of money which I earn monthly. Will a bank give loan to me to establish my small business? I need special assistance!

Asked By : Tony ( Total points : 110 )

What is the cost of motorcycle insurance?

Sun, 03 Jan 2010 17:54:46 CDT

Hi guys, I have a personal 100cc bike. I was brought this last year. Now their insurance has been lapsed and now I don’t want to continue. I am looking for fresh insurance for my bike. I am a colleg ...

Asked By : smartguy ( Total points : 129 )

How do I get health insurance as a freelancer?

Sun, 03 Jan 2010 17:51:49 CDT

Hello guys, I have a health insurance from my previous job. Now it will expire in a few weeks. How do I get health insurance after that? Can go for another health insurance? Or, is there any way to co ...

Asked By : businessman ( Total points : 135 )

How does marketing and advertising work with the companies like myspace?

Wed, 30 Dec 2009 00:27:08 CDT

How does marketing and advertising work with the companies like myspace.com? How does the facebook.com initiate the advertising relationships to make the income? What are the processes to gain the adv ...

Asked By : Mary ( Total points : 101 )

What are some marketing and advertising mediums which I can use?

Wed, 30 Dec 2009 00:23:30 CDT

We are making the project in which we are advertising Shakespeare and some of his plays. Can anyone tell me some creative ways of advertising the play? I am thinking of the preview video clip and to m ...

Asked By : Jsmith ( Total points : 190 )

What can I do to earn some money for the holidays?

Tue, 08 Dec 2009 11:56:34 CDT

I want to earn some extra cash for the holidays to buy my family some special gifts. What can I do to get some quick cash?

Asked By : Johnny ( Total points : 154 )

What type of questions do you get asked for a job interview and how do you prepare for these quesitons?

Sun, 06 Dec 2009 14:17:45 CDT

I am going to go on a job interview and I would like to know how to best prepare for this.

Asked By : PrettyWoman ( Total points : 99 )

How do I negotiate for the best deal on a car?

Tue, 24 Nov 2009 23:06:30 CDT

Asked By : Uncle Ray ( Total points : 95 )

Who made the most money during this economic downturn?

Tue, 24 Nov 2009 20:12:10 CDT

who made the money and who tanked? I'd like to know the real people behind the times.

Asked By : anonymous ( Total points : -75 )

Is it a good time to buy or sell a house?

Tue, 24 Nov 2009 20:10:10 CDT

Who is making the money now buyers or sellers?

Asked By : anonymous ( Total points : -75 )

Is buying a franchise safer than buying any other business?

Tue, 24 Nov 2009 19:10:20 CDT

Will I be more likely to make a sure profit with a franchise?

Asked By : anonymous ( Total points : -75 )

Are home prices going to continue to decrease?

Mon, 23 Nov 2009 15:19:22 CDT

Asked By : Mary ( Total points : 101 )

what is life cycle assessment?

Mon, 23 Nov 2009 14:57:40 CDT

Asked By : anonymous ( Total points : -75 )

What makes them successful leaders?

Mon, 23 Nov 2009 12:27:51 CDT

Asked By : anonymous ( Total points : -75 )