In New York, judgments are valid for 20 years. In addition, judgment creditors may extend the period beyond twenty years if they make the proper application in Court before the 20 years lapse. Other states may vary from 7 to 25 years. Judgments collect interest. In New York it's 9% per year.
Member SIPC.Schwab Institutional is a division of Charles Schwab & Co., Inc. FTA 02586 (1106-8352) REG34983SIPDF-03 (11/06) If your state of residency is:Your withholding options are:DE, IA, KS, MA, ME, NEIf you elect to have federal income tax withheld, Schwab is required to withhold state income tax.
IRA Contributions. IRA rules limit the amount you can contribute to your taxable income. As of 2013, you can contribute taxable income up to $5,500, or $6,500 if youâre age 50 or older. Disability benefits are not taxable income, so you canât contribute these to an IRA.If you earn taxable income below the threshold that disqualifies you from disability benefits, you can use this income to fund your IRA.s of 2013, you can contribute taxable income up to $5,500, or $6,500 if youâre age 50 or older. Disability benefits are not taxable income, so you canât contribute these to an IRA. If you earn taxable income below the threshold that disqualifies you from disability benefits, you can use this income to fund your IRA.