Sentences with phrase «on your spouse if»

In other words, this is not the financial tool to safeguard your income for your spouse, and it could actually be a substantial burden on your spouse if the surviving spouse has an impaired ability to pay the premiums.

Alternatively, you can have a sheriff or process server personally serve the answer on your spouse if they do not have an attorney.

Not exact matches

Further, if spouses own a house or a brokerage account as «tenants by the entirety» as opposed to owning them jointly, they may have some creditor protection depending on the state in which they reside.

But if you go that route, warns Ballentine, make certain that you «don't execute any documents that unwittingly expose your spouse to the company's obligations through some type of «backdoor» rule, which would eventually allow creditors to get their hands on these assets.»

«With a married couple, if one person goes on unemployment, maybe the working spouse would [increase] their withholding,» says Neil Johnson, a partner in The Dolins Group, a financial planning firm in Northbrook, Ill..

«Cryptocurrencies make things complex if you have a spouse who's determined to hold on to their money, same as if they were hiding assets overseas,» Victoria Clarke, a solicitor at Stowe Family Law, said in an interview.

The First - Time Donor's Super Credit will increase the value of the existing tax credit by 25 % on cash donations of up to $ 1,000 if neither the taxpayer nor their spouse has claimed the credit since 2007.

If you're not working but your spouse is, your spouse can continue to contribute to the account on your behalf.

Depending on the situation (like if your spouse is out of work, or if they are in a lower tax bracket than you), contributing to an RRSP might be a great idea even if you have enough retirement savings.

Raise your hand if you've ever held up your index finger to nonverbally say, «Hold on, I'll be done working in a few minutes...» to your spouse or kids.

Family Caregiver Tax Credit Caregivers of infirm dependants (including spouses, common - law partners and minor children) will be able to claim a 15 per cent non-refundable tax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver Credit.

If you donate your business to a charity via a CRT, you no longer can work in the business once the CRT is established, nor can you pass the business on to a surviving spouse or other family member.

If you want to ensure that new spouse disclaims his or her share — which could be as much as half the estate, depending on state law — you'll need a signed waiver to that effect in a pre - or post-nup, said Davis, who is also a principal of Allman Spry Davis Leggett & Crumpler in Winston - Salem, North Carolina.

All of this is a lot easier if your spouse is totally on side.

If a Googler passes away while working there, all their stock vests immediately, and, on top of the life insurance payout, their surviving spouse continues to get half of the Googler's salary for the next 10 years.

If your spouse qualifies on their own record, we will pay that amount first.

If you turn 62 on or after January 2, 2016, and will be eligible for benefits both as a retired worker and as a spouse (or divorced spouse), then the new law applies to you.

It also depends on your age, your spouse's age (if applicable) and your income (s).

In the first two sections of the IRS Withholding Calculator, indicate your filing status, whether or not anybody can claim you as a dependent, how many jobs you and your spouse (if applicable) have, how many dependents you will claim on your return, and whether or not you or your spouse will be 65 or older on January 1, 2019.

If you enable TLH on your Betterment account, you'll be asked for your spouses» Betterment account information so that they can help optimize your investments across you and your spouse's accounts and help prevent wash sales.

Savings for military spouses who are FlexJobs members: If you're a FlexJobs member, you can take advantage of a $ 200 tuition credit on any part - time course, or $ 500 towards a full - time General Assembly immersive program.

For example, if your children have done well in their careers, you may be less concerned about passing on an inheritance but still want some coverage for your spouse.

If you're looking for military spouse jobs that can help support your family, chances are you're already on the hunt to spend your family's earnings wisely.

If you or someone you know is a military spouse looking for a flexible work arrangement, be sure to check out the new remote and flexible job opportunities posted every day on FlexJobs.

This week's news roundup highlights the top 50 companies hiring part - time workers, tips on how to find work flexibility if you're a military spouse, and why you might not be getting hired for a work - from - home job — and what you can do about it!

That means the annual amount due on all of your eligible loans (and, if you are required to provide documentation of your spouse's income, the annual amount due on your spouse's eligible loans) exceeds what you would pay under IBR or PAYE.

According to the Pension Rights Center, you should consider a one - time, lump - sum payment from your employer if you're sick, your life expectancy is short or you don't have a surviving spouse that will need to rely on lifetime income.

If you want to test my theory, have your spouse, or parent add you as an A.U. on a couple of their cards without even giving you the physical card (to avoid risk if they worry about abuse) watch your scores go through the statosphere if the balances are low because it increases your presumed available amount of credit and expands your ratio of credit vs balancIf you want to test my theory, have your spouse, or parent add you as an A.U. on a couple of their cards without even giving you the physical card (to avoid risk if they worry about abuse) watch your scores go through the statosphere if the balances are low because it increases your presumed available amount of credit and expands your ratio of credit vs balancif they worry about abuse) watch your scores go through the statosphere if the balances are low because it increases your presumed available amount of credit and expands your ratio of credit vs balancif the balances are low because it increases your presumed available amount of credit and expands your ratio of credit vs balances

«If one spouse stays in the house they may have only their $ 250,000 exclusion for taxes on the gains, but with prior planning and inclusion in the settlement document, they may receive $ 500,000 exclusion,» she noted.

If you aren't sure of what to work on first, there is certainly someone in your life who will gladly assist you — your manager, your spouse, your children, a trusted friend.

Make sure to plan for how your spouse and any dependents will get health insurance if they are on your health plan.

For example, if you contribute $ 5,000 to a spousal RRSP on Dec. 1st, 2018 hoping that your income-less spouse can withdraw in in January, think again.

Another advantage to these accounts is that you can use them to save on taxes if you're over the age of 71 but your spouse is not — or even to save tax on your estate after death.

If your former spouse is caring for your child who is under age 16 or disabled who gets benefits on your record, they will not have to meet the length - of - marriage rule.

If your widow, widower, or surviving divorced spouse receives benefits on your record, they can switch to their own retirement benefit as early as age 62.

If you need information about benefits your ex-spouse can receive based on your record, please read Benefits For Your Divorced Spouse.

If you are eligible for retirement benefits on your own record and divorced spouse's benefits, we will pay the retirement benefit first.

If your widow, widower, or surviving divorced spouse remarries after they reach age 60 (age 50 if disabled), they will continue to qualify for benefits on your Social Security recorIf your widow, widower, or surviving divorced spouse remarries after they reach age 60 (age 50 if disabled), they will continue to qualify for benefits on your Social Security recorif disabled), they will continue to qualify for benefits on your Social Security record.

If your surviving divorced spouse qualifies for retirement benefits on their own record they can switch to their own retirement benefit as early as age 62.

If you collect a reduced benefit before your normal retirement age, Social Security will automatically give you the largest benefit available to you, whether it's based on your own work record, your spouse's record or a combination of the two.

The most salacious behavior that she described is of relatively little consequence, even if totally true — it would be completely in character for the man Americans have gotten to know during years of trashy tabloid coverage to (per her account) flirt with a porn actress, compare her to his daughter, brag about a magazine with his face on it, get spanked with it, and cheat on his spouse.

If you delay your claim until your full retirement age — which ranges from 66 to 67 depending on when you were born — or even longer, until you are age 70, your monthly benefit will grow and, in turn, so will your surviving spouse's benefit after your death.

However, it is possible for your spouse to establish and fund a Roth IRA on your behalf if you are no longer earning income.

If your spouse or former spouse has died and you qualify for survivor benefits based on his or her earnings history, it could make sense to apply for those benefits now and wait to claim your own retirement benefits until later, when they are higher.

According to the IRS rules on the CDCT, «If you paid someone to care for your child, spouse, or dependent last year, you may be able to claim the Child and Dependent Care Credit.»

How much will you get if you claim Social Security benefits based on your spouse's income?

You might also miss out on benefits if you are eligible for a large widow or widower benefit when your spouse dies, but you then get remarried before you turn 60.

If you or your spouse is covered by a retirement plan at work, you can deduct your contributions based on the income guidelines in the chart below.

If one spouse does not work or does not earn enough to max out IRA contributions, the higher - earning spouse can contribute on the lower - earning spouse's behalf.

Since your debts are transferred to your estate when you pass away, if your liquid assets (such as checking and savings accounts) are large enough to cover them, no debts will be passed on to your spouse or heirs.