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.
you should not mix roth ira funds with the other types of iras if you do the roth ira funds will become taxable regular income tax only voluntary on time withdrawal traditional iras and other non roth iras once you reach age 59Â½ you can withdraw money without a 10 % penalty from any type of iraf it s a roth ira you won t owe any income tax if it s not you will if the money is deposited in a traditional ira sep ira simple ira or sarsep ira you will owe taxes at your current tax rate on the amount you take out for example if you are in the 15 % tax bracket your withdrawal will be taxed at 15 %