Basic Scenarios 34

Basic Scenario 8: Teresa Martin

Interview Notes
Teresa's husband, Adam died in March 2014. They have two sons, Zack and
Mackenzie.
Teresa paid more than half of Mackenzie's support and all of the cost of keeping up
the home.
Her son, Zack, is permanently and totally disabled. He received disability income
that provided more than half of his own support.
Teresa lost her job in December 2014 and received unemployment income.
She cashed in her 401(k) savings and used the money for household expenses. She
does not qualify for any exception to the additional tax on early distributions.
Her son, Mackenzie, attended summer day-care while Teresa worked.
Teresa, Mackenzie, and Zack had health insurance through Teresa's employer all
year. Adam was covered until his death.
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