What penalties would I incur if I withdrawal from my 401k after tax monies?


Posted April 16th, 2009 by admin 5 Comments »
401k
Kelly D asked:


Here is my question. Say I want to withdrawal a certain amount of money from my 401k after tax money, would I have a penalty in doing so? I am not knowledgeable about this and looking for info.

Mutual funds?


Posted January 18th, 2009 by admin No Comments »
mutual funds
Capricorn asked:


I have a small amount of money I would like to invest. I have heard of mutual funds but what are they? how do you get them? how much do they cost? how much money can you make from them? Is there a certain amount of time you have to wait before getting the money from them? Do they require any “upkeep”? Anything else I should know about mutual funds?

Do you have suggestions for other easy investments that would be better than a mutual fund?

Sorry for so many questions but i would really appreciate someone knowlegedable to help me out. Thanks!

How much money can I make before it affects my financial aid?


Posted January 14th, 2009 by admin 1 Comment »
money
Rachel d asked:


I’m an incoming freshman this year, and I just got an administrative assistant position at a hospital on Saturdays. I’ll be going to school full-time, but I plan on working through the week during the summer. How much money can I legally make without it affecting my financial aid package? Is there a certain amount of money you can make and not have to file taxes?

How can we raise money for our school Magazine?


Posted January 14th, 2009 by admin 4 Comments »
money
Magdalene asked:


In our school we have a student created Art and Literature magazine that is professionally published but in order to get enough published with the quality we are going for we need money. We have tried little fundraisers and are planning on doing some sponsorships but nothing has brought in much money at all. If anyone has any ideas of sponsorships, fundraisers, etc. that will bring in a good amount of money please give me any and all suggestions.

Im not sure if this helps but we are a school in South Central Pennsylvania. Thank you so much.

Bringing money from another country to purchase a house here?


Posted January 14th, 2009 by admin 2 Comments »
money
so happy! asked:


If a large amount of money like 40-50k is brought here from a foreign country, and some wants to use it to buy a house will they be taxes by IRS? I know there is a fee to transfer the money here, but should the IRS tax these money since it will be use for a house purchase.
It’s someone who sold a property there back in may and they have the money in the bank. The paid taxes there.

What is a money collection that people put together to buy drinks at a bar called?


Posted January 14th, 2009 by admin 10 Comments »
money
Ria asked:


Lots of people all put the same amount of money in each and then someone goes to the bar to get the drinks with the combined money. What is that called?

What is a money collection that people put together to buy drinks at a bar called?


Posted January 14th, 2009 by admin 10 Comments »
money
Ria asked:


Lots of people all put the same amount of money in each and then someone goes to the bar to get the drinks with the combined money. What is that called?

How much money would you have to be paid to eat your pet?


Posted January 14th, 2009 by admin 7 Comments »
money
StudMonkey asked:


Say that money is no limit - I mean, for 10-trillion dollars you could use that money to invest in programs that save the lives of countless pets. Thus, by eating your own pet, you could save the pets of others.

So, what would be the minimum amount of money you would require to eat your pet? Your choice of condiments.

How should I invest my money to make more money in a short amount of time?


Posted January 14th, 2009 by admin 7 Comments »
money
JKP0011 asked:


I’m 22 years old, and wanting to purchase a house in the next year or two. I have money in savings right now which is making terribly low interest. What would be my best move? I’d like to invest the money short term, but I’d like to make a good amount of money doing so. Is that possible and how? CD’s and Money Market accounts just aren’t gonna give me the results I want.

How much money does the average college student have in the bank?


Posted January 14th, 2009 by admin 4 Comments »
money
Dude32 asked:


I was just wondering how much money does the average college student have in the bank. I have one friend who has $20.00 in the bank and another friend with close to $6,000.00 in the bank and i have like $150.00 in the bank, so I was just wondering what is the normal average amount of money college students usually have?