Q&A: Selling an inherited house to a relative will affect tax treatment

Dear Liz: My mother recently died, leaving a house to my three siblings and me. We had the house appraised in February. My sister is buying the rest of us out. We decided to give our sister a break and sold her the house below the appraised amount. As the “selling price” (which will be […]

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Q&A: Finding a financial planner

Dear Liz: Your column on delaying Social Security suggests using a certified financial planner on an hourly basis to review one’s retirement plans. I have struggled to find one who charges this way. They almost all want to control your money for a fee. The one I found after some effort charges $500 to $600 […]

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Friday’s need-to-know money news

Today’s top story: Stressed to Pick the Best? Try ‘Good Enough’ money decisions instead. Also in the news: How to get your credit disaster-ready, 7 budgeting tips for every type of budgeter, and 9 money moves every new grad should make. Stressed to Pick the Best? Try ‘Good Enough’ Money Decisions Instead When good is […]

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Thursday’s need-to-know money news

Today’s top story: How to extend your (working) life. Also in the news: Renaming your budget, growing your garden with only a little green, and why you should check your investment portfolio once a month. How to Extend Your (Working) Life Preparing to work past retirement age. If ‘Budget’ Sounds Like a Bummer, Try Renaming […]

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How to extend your (working) life

Many people plan to work past normal retirement age, by choice or necessity. But most aren’t taking the steps that could increase the odds they’ll be able to do so. When asked what they’re doing to ensure they can continue working past 65, fewer than half of employees polled in the 2019 Transamerica Retirement Survey […]

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Wednesday’s need-to-know money news

Today’s top story: How to get your credit disaster-ready. Also in the news: Watch your credit card rewards pile up with these 5 tips, comparing your 401(k) to the average, and what to know about buy now, pay later online loans. How to Get Your Credit Disaster-Ready Be financially secure when disaster strikes. Watch Your […]

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Tuesday’s need-to-know money news

Today’s top story: What you need to know about student loan deferment. Also in the news: How to pass a smog test, exposing your data for better credit, and the best rewards credit cards of 2019. Student Loan Deferment: What It Is and Who May Benefit Putting your payments on hold. How to Pass a […]

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Q&A: Consult a pro when planning elder care

Dear Liz: My parents and I are discussing the best ways to protect their assets if one of them must live in a nursing home. Their home is paid off, and we were wondering if adding my name on the deed will secure the home from a mandatory sale for caregiving expenses. Please note, I […]

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Q&A: How to make retirement saving a priority

Dear Liz: One thing I like about saving for retirement with an IRA is that I can wait until April 15 of the following year and then just contribute a lump sum for whatever I can afford to put in that year. Is there anything similar with 401(k)? Or do I have to have the […]

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Thursday’s need-to-know money news

Today’s top story: Getting real about health costs in retirement. Also in the news: Watch your credit card rewards pile up with these 5 tips, learning the different types of mutual funds, and how hackers can steal your data at airports. Let’s Get Real About Health Costs in Retirement Making costs easier to predict. Watch […]

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