Get smart with your money
Today’s top story: Probate workarounds can save your heirs time and money. Also in the news: Student loan refi rates keep dropping, which airline you should fly in 2020 (and beyond), and how to know if you should refinance your mortgage. Probate Workarounds Can Save Your Heirs Time and Money There are often workarounds to […]
Continue reading...
Today’s top story: Which airline has the most valuable elite status program. Also in the news: A look at summer homebuying, 25 tips for buying your first home, and how to automatically transfer your 401(k) money when you change jobs. Which Airline Has the Most Valuable Elite Status Program? The best perks and how to […]
Continue reading...
Today’s top story: Options for undergrad, grad, veteran and international students when colleges say stay home. Also in the news: Which airlines have handled COVID-19 the best, is it OK to never have a credit card, and where to put your money when interest rates are falling. When Colleges Say Stay Home: Options for Undergrad, […]
Continue reading...
A reader recently reached out after his elderly mother died, asking how soon he could distribute the $10,000 she had earmarked in her will for each of her two grandchildren. Because she lived in California, I had to break the bad news: He won’t be able to hand over the money any time soon. Probate […]
Continue reading...
Today’s top story: 5 reasons why people get personal loans and what financial advisers say about them. Also in the news: A new episode of the SmartMoney podcast on creating wealth, 5 secrets of car buying from a former undercover car salesman, and how to lower your tax bill with these last-minute moves. 5 reasons […]
Continue reading...
Dear Liz: I am 81 and opened a Roth IRA before retiring 15 years ago, but have not added to that account since. Recently I realized a cash windfall and would like, if possible, to deposit that money in my existing Roth IRA, but I am confused about the limitations and rules on doing so. […]
Continue reading...
Dear Liz: My 16-year-old grandson has a job stocking shelves at a large grocery chain. His parents opened a low-cost minors investment account, which he has now funded to the max of $6,000. Is there anywhere else he can invest his earnings? Answer: It sounds like what your grandson funded was an IRA or a […]
Continue reading...
Dear Liz: A couple on Social Security who hadn’t received their stimulus payments wrote that they “do not make enough income to file tax returns.” It might be worthwhile to let your readers know that, even if one’s income is below the amount where they must file a tax return, they nevertheless may file a […]
Continue reading...
Dear Liz: I’m a CPA. I sent out your recent column about IRS backlogs to two clients just this morning. It’s nice to have a published article backing up what I’ve unfortunately been having to tell clients for a few weeks now. Answer: Pandemic-related shutdowns, years of congressional budget cuts and the effort required to […]
Continue reading...
Today’s top story: Financial lessons we’ve learned while staying at home. Also in the news: 6 ways your investments can fund racial justice, how to organize important documents simply and safely, and see if you qualify for public service loan forgiveness with this tool. Financial Lessons We’ve Learned While Staying at Home Emergency funds are […]
Continue reading...
Copyright © 2024 · Balance Child Theme on Genesis Framework · WordPress · Log in