Is the beneficiary of life insurance responsible for funeral expenses? The beneficiary has no obligation to pay for the funeral using the life insurance proceeds. If no beneficiary is named on the life insurance policy, the proceeds will go to the estate. In that case, the proceeds will be used to pay for the funeral […]
Is pollination possible without insects?
Is pollination possible without insects? Pollination, the movement of genetic material in the form of pollen grains, is a key step in the development of most food crops. Even crops that do not rely on insect pollination – wind pollinated or self-pollinated crops – are sometimes more productive when visited by an insect pollinator. Do […]
What is a traditional IRA distribution?
What is a traditional IRA distribution? With a Traditional, Rollover, SEP, or SIMPLE IRA, you make contributions on a pre-tax basis (if your income is under a certain level and certain other qualifications) and pay no taxes until you withdraw money. IRA withdrawal rules and penalty details vary depending on your age. How are distributions […]