How to prioritize debt payments in the pandemic

A singular crisis has led to extraordinary relief options for borrowers. Interest and payments have been paused on federal student loans. Homeowners can request nearly a year of mortgage forbearance. Credit card issuers and other lenders dramatically expanded hardship programs. Still, many Americans say they took on more debt last year because of the pandemic, […]

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Tuesday’s need-to-know money news

Today’s top story: 3 things to know if you’re new to gig work. Also in the news: How to craft smarter money goals in 2021, the do’s and don’ts of getting and using a paycheck protection program loan, and 5 steps you can take to pay off consumer debt. 3 Things to Know if You’re […]

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Monday’s need-to-know money news

Today’s top story: How insurance fraud costs you money. Also in the news: A new episode of the Smart Money podcast on lottery winners and what to do with extra COVID cash, how to decide if your first house should be a condo, and how to choose your ACA plan. How Insurance Fraud Costs You […]

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Q&A: More about spousal benefits

Dear Liz: You recently wrote that a wife could apply for Social Security at 62 and then switch later to her spousal benefit. I do not believe this is accurate. Once the wife starts drawing, she is committed. Answer: Typically, that’s true. When someone applies for Social Security, their retirement benefit is compared with their […]

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Q&A: Couples and their accounts

Dear Liz: You’ve been writing about things people should do after a spouse dies. May I recommend that before your spouse dies, be sure every account is in both your names. It took six months to cancel my landline phone after my husband died and I moved out of our home. Apparently when we moved […]

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Q&A: Here’s why trying to time the stock market is a really bad idea

Dear Liz: I confess that I am one of those people who panicked and sold a portion of my portfolio in March, against the advice of many who said, “Hold, don’t fold.” Thus, when the market bounced back, I was left standing out in the cold. I am filled with a tremendous sense of stupidity. […]

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Friday’s need-to-know money news

Today’s top story: Relax. The Reddit-Hedge Fund battle won’t tank your 401(k). Also in the news: How Medicare star ratings can help you choose a plan, the tax credit fix many can’t afford to miss, and what is Dogecoin and why are people buying it? Relax. The Reddit-Hedge Fund Battle Won’t Tank Your 401(k) The […]

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Thursday’s need-to-know money news

Today’s top story: The tax credit fix many can’t afford to miss. Also in the news: Being the first in the family to invest, how to right your retirement savings after coronavirus setbacks, and why your credit karma score seems to high. The Tax Credit Fix Many Can’t Afford to Miss Working families could miss […]

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Wednesday’s need-to-know money news

Today’s top story: How a travel agent can help your COVID-Era travel plans. Also in the news: A beginner’s guide to travel insurance, possible relief for private student loan borrowers and what’s causing the GameStop stock frenzy. How a Travel Agent Can Help Your COVID-Era Travel Plans Travel agents can help you navigate coronavirus-related restrictions […]

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Tuesday’s need-to-know money news

Today’s top story: How to retire rich without following a budget. Also in the news: a new episode of the Smart Money podcast on how to buy a house in 2021, a look at President Biden’s housing plans, and how much a divorce will cost you. You’ll Never Follow a Budget. Here’s How to Retire […]

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