Q&A: IRA contributions and tax deductions

Dear Liz: I am changing jobs because of a layoff. I contributed to my former employer’s 401(k) to the extent possible. My new employer also offers a 401(k), but I won’t be eligible for a year. I want to use an IRA in the meantime. I do not understand how I should answer the question […]

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Monday’s need-to-know money news

Today’s top story: What you cannot ignore on your retirement statement. Also in the news: How to improve your finances in a single day, how teens can save money on car insurance, and why mental accounting can be dangerous. 4 Things You Can’t Ignore on Your Retirement Statement Pay close attention. 10 Ways to Improve […]

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Q&A: Credit score changes

Dear Liz: My Discover card started including a complimentary credit score with my statement. My first report was 840. Each month since has been lower. Two months ago it was 812 and the last one was 800. I have not applied for any new loans, cards or other credit. My limit on this card is […]

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Friday’s need-to-know money news

Today’s top story: How to build credit without a credit card. Also in the news: Financial steps to take if you’re getting divorced, apps to help with moving, and how your financial behavior is manipulated. 7 Ways to Build Credit Without a Credit Card Non-credit card options for building credit. 7 Financial Steps to Take […]

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The recession has helped nudge women into science jobs

Encouraging more women to pursue careers in science, technology, education and math – the so-called STEM fields – is a worthy goal, given the potential payoff for our economy and for women who get jobs in these higher-paying fields. One surprising way to make it happen: Suffer through a recession. My column for Reuters explores […]

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Thursday’s need-to-know money news

Today’s top story: The most dangerous threat to your identity. Also in the news: How to stop living paycheck-to-paycheck, how to improve your credit score by separating business from pleasure, and the Social Security fix that could hurt your retirement. The Most Dangerous Identity Theft Threat What you need to watch out for. How to […]

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Your credit score may matter more than your driving record

The vast majority of auto insurers use credit information to help determine your premiums, except in the three states where it’s not allowed (California, Massachusetts and Hawaii). Credit scores don’t just matter–a new special investigation by Consumer Reports has found that sometimes your credit scores matter more than your driving record. The researchers hired a […]

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Dealing with collectors? Here’s a free ebook to help

Getting calls from collection agencies, or spotting collection accounts on your credit reports, can be scary. You can deal with this, but not alone. Check out  “Debt Collection Answers: How to Use Debt Collection Laws to Protect Your Rights,” which is now a free ebook on Smashwords. You can get it here: https://www.smashwords.com/books/view/520261. Written by […]

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Wednesday’s need-to-know money news

Today’s top story: How your Social Security benefits will be taxed. Also in the news: A Millennial’s guide to moving out, how to make sure your favorite charity isn’t a scam. and what would you do if you had a surprise windfall? How will your Social Security benefits be taxed? What everyone needs to know. […]

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Tuesday’s need-to-know money news

Today’s top story: How to manage your money right from your smartphone. Also in the news: How that smartphone could cost more than you realize, how to save money on college text books, and what happens to a loved one’s debt after they die. 7 Personal Finance Apps to Manage your Money Money management right […]

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