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.
There are no forms to report a Roth contribution. Roth IRA contribution is funded from your after tax money. Roth IRA differs from traditional IRAs in that contributions are not deductible (means contribution is taxable, so it's included in your regular taxable income).You don't need 1099R, so skip that form.oth IRA contribution is funded from your after tax money. Roth IRA differs from traditional IRAs in that contributions are not deductible (means contribution is taxable, so it's included in your regular taxable income). You don't need 1099R, so skip that form.