Thursday’s need-to-know money news

Zemanta Related Posts ThumbnailToday’s top story: Getting the most from Medicare. Also in the news: Tips for smart student loan borrowing, the mistake single Americans are making with their retirement, and how to get the most from your credit card rewards.

Medicare’s Maze – How to Maximize Benefits
Navigating your way through.

Five Tips For Smart Student Loan Borrowing
Choose your loans wisely.

The Big Retirement Blunder Single Americans Are Making
Start saving, singles!

3 Ways to Maximize Your Credit Card Rewards
Getting the most points/miles from your cards.

What 11 Successful People Wish They Knew About Money in Their 20s
If they could turn back time.

Wednesday’s need-to-know money news

Today’s top story: How getting a mortgage just became easier. Also in the news: Downsizing to save your retirement, handling major financial disruptions, and how to avoid or minimize bank fees. 4 Ways Getting a Mortgage Just Got Easier The process has become slightly less stressful. Can Downsizing Save Your Retirement? Smaller living can protect […]

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Tuesday’s need-to-know money news

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Today’s top story: How to find free help for your credit problems. Also in the news: The “Ostrich Effect,” the financial benefits of short-term thinking, and how to Voice Mail Hell. 6 Places to Get Free Help With Your Credit Problem You don’t have to go it alone. Beware the “Ostrich Effect” When It Comes […]

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Q&A: Tuition gifts and tax breaks

Dear Liz: You recently answered questions about tax breaks for college education expenses. We are contributing $20,000 to our grandson’s college education yearly. He is not our dependent. We are senior citizens with a gross income of about $110,000. Is there any deduction for this expenditure that we might qualify for? Answer: Your grandson is […]

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Q&A: Divorce and Social Security spousal benefits

Dear Liz: My ex-wife and I were married for 12 years. She is 55. I am 64 and collecting Social Security. At what age can she apply for spousal benefits? Answer: If she doesn’t remarry, she can apply for spousal benefits as early as age 62. If she applies early, though, she would lose the […]

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Q&A: The value of associate degrees

Dear Liz: Please continue to encourage people to look into two-year technical degrees. I got my associate’s degree in mechanical engineering and in my first job earned more than my father. Later I worked for a company that made touch-screen point-of-sale terminals. Time and time again, I trained waiters who had bachelor’s or master’s degrees […]

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Should you bail on stocks?

It’s a trick question, of course. If you’re asking it, then it’s time to review your long-term investment strategy (or to come up with one, if you haven’t done so). The bottom line is that trying to time the market is a loser’s game. Those who say they can do it are blowing hot air […]

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Monday’s need-to-know money news

Today’s top story: The most common reasons people visit financial planners. Also in the news: Money lessons to learn by age 50, when you should use a credit card, and how to get your credit score above 800. 4 Common Reasons People Go to Financial Planners Help with life’s major events. 3 Essential Money Lessons […]

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Friday’s need-to-know money news

Medical expenses and bankruptcy

Today’s top story: Should you pay your medical bills with a credit card? Also in the news: How to avoid grad school debt, getting your bank account back in black, and should colleges be held partly responsible for student loan defaults? Should You Ever Pay Your Medical Bills With a Credit Card? Putting co-pays on […]

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Four 529 college savings traps to avoid

Putting money into a 529 college savings plan is relatively easy. Getting it out can be tricky. This may come as a surprise to the families who have piled money into accounts, hoping to reap tax and financial aid benefits. “People get tripped up and don’t realize it until it’s too late,” said consultant Deborah […]

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