Monday’s need-to-know money news

18ixgvpiu0s24jpgToday’s top story: How to save for retirement without a 401(k). Also in the news: Checking your 401(k) fees, the tax consequences of renting your home on Airbnb, and smart money moves for soldiers and military veterans.

5 Ways to Save for Retirement Besides a 401K
401(k) alternatives.

Why You Should Check Your 401(k) Plan’s Fees
Looking out for dents in your nest egg.

Renting Your Home On Airbnb? Be Aware Of The Tax Consequences
That extra cash could be costly.

5 Smart Money Moves for Soldiers and Military Veterans
Defending your finances.

Beware Lifestyle Inflation When Your Home’s Equity Increases
Avoid spending more.

Monday’s need-to-know money news

Zemanta Related Posts ThumbnailToday’s top story: A surprising way identity theft can hurt your credit.
Also in the news: Tips on how to manage major bills, rethinking retirement for Millennials, and financial tips for veterans from military experts.

The Surprising Way an Identity Thief Can Hurt Your Credit
Pay close attention to hard inquiries.

Utilize the Half Payment Method to Budget Around Major Bills
Don’t pay all at once.

3 Ways to Rethink Retirement for Millennials
A different look at the bigger picture.

Veterans Day: 6 Financial Tips From Military Experts to Service Members
Welcome home.

Are vets getting what they deserve?

Soldier saluting Yesterday on Bob McCormick’s KFWB show Money 101 we talked about veterans’ benefits that are often overlooked. If you’re a vet or have a vet in your life, you should know about:

Aid & Attendance: This benefit helps pay for nursing home, assisted living and home health care for low-income vets. The benefit can be $1,700 a month for the veteran, $2,000 a month for a couple and $1,000 a month for a veteran’s widow. Yet few people take advantage or even know about this benefit, and the VA isn’t always forthcoming. A New York Times article last year said only about 38,000 of the 1.7 million World War II vets alive in 2011 were receiving it. The site VeteranAid.org has details on how to apply.

Family Caregiver Program: Eligible Post-9/11 veterans can opt to receive home health care from a family member, and that family member may be eligible for a stipend, mental health services, respite care and access to health care insurance. Family Caregiver program application are available at www.caregiver.va.gov and Caregiver Support Coordinators are stationed at every VA medical center and via phone at 1-877-222 VETS (8387) to help with the application process.

VA Mortgages: These mortgages aren’t exactly unknown, but Terry Savage wrote in a recent Huffington Post column that 70% of younger veterans had yet to take advantage of this program which offers zero down payment home loans at attractive rates. Find out more from the VA mortgage loans help desk at 800-983-0937.

Post 9/11 GI Bill: Again, not a hidden benefit, but one that’s probably underused. This version of the GI bill has paid college expenses for nearly 1 million veterans of the Afghanistan and Iraq wars, but there are nearly 6 million vets from those conflicts. At a time when college educations are all but essential for staying in the middle class, more vets should be looking into this program, which provides up to 36 months of benefit, including full tuition and fees for in-state schools plus possible help with housing and books. You’ll find details here.

Tuesday’s need-to-know money news

Offering AdviceToday’s top story: What veterans need to know about VA mortgages. Also in the news: Generation Y and retirement, the dangers of car title loans, and what the World Series and retirement have in common.

What Veterans Need to Know About Getting a Home Loan
Navigating the world of VA mortgages.

Retirement Tip for Gen Y: Save Now!
Taking control of your financial future.

The Consumer Perils of a Car Title Loan
Easy money can come at a huge price.

7 Things the World Series Can Teach Us About Retirement
Be prepared for extra innings.

The five worst things you can do with your money
Short of just setting it on fire.