by Claudia Mott | Jan 14, 2022 | Senior Freeze
Q. I didn’t qualify for Senior Freeze in the 2018 to 2019 years because my taxes didn’t go up, but they skyrocketed in 2020. I meet all the requirements for the Freeze except I didn’t file state or federal tax returns in 2019 because I didn’t make the minimum required... 
by Claudia Mott | Jul 2, 2021 | Social Security, Social Security Filing, Social Security Spousal benefits
Q. My question is about maximizing Social Security spousal benefits. Neither of us has claimed yet. At full retirement age, my benefit was $2,860 per month and my spouse’s will be $695 per month. I was born in December 1954 and my wife in November 1955. I will claim... 
by Claudia Mott | Jun 18, 2021 | NJ Senior Freeze, NJ Tax Rebate
Q. My husband and I, both over 65, recently sold our primary residence of 40 years. We then moved into our second home at the Jersey Shore, which then became our primary residence. Since retiring, our income qualifies us for the Senior Freeze, but does the fact that... 
by Claudia Mott | Jun 4, 2021 | Non-Qualified Annuity, Qualified Annuity, Roth IRA
Q. I’m 67 and I have a small annuity. Is it worth switching it to a Roth IRA at this stage? I still add to the annuity. — Investor A. There are several issues that come into play here. You didn’t say whether this is your only savings or what other kinds of retirement... 
by Claudia Mott | May 21, 2021 | Credit Card Cancellation, Credit Cards, Late Payment
Q. My husband passed in 2019, and at that time, I called our Capital One credit card, on which my husband was the primary cardholder, to see if I could still use the card. They said yes. But recently there was a death in my family and I was a few days late on my...