Today’s top story: 4 bank app features you might be missing out on. Also in the news: What the Inflation Reduction Act means for green energy and EV stocks, when is it ok to be selfish with money, and the best budgeting apps based on the type of spender you are. 4 Bank App Features […]
Recent Blog Posts
3 ways to fight inflation and win the long game
Inflation is scary. Groceries, gas, airfare, car purchases, utilities : In so many areas, your buying power is shrinking as prices continue to rise. Fear can make you want to do something — anything! — to fight back. Thankfully, many of the best moves to counteract inflation align beautifully with time-tested money management practices. In […]
Monday’s need-to-know money news
Today’s top story: How to save on school supplies by tapping your community. Also in the news: A new episode of the Smart Money podcast on explaining cryptocurrency, how to feel richer (even when you’re not), and where home prices are dropping the most. How to Save on School Supplies by Tapping Your Community It’s […]
Q&A: Dumping debt could make you ‘credit invisible.’ Why that’s a problem and how to fix it
Dear Liz: I have a credit card issue that I’ve not been able to resolve and hope that you can provide some helpful suggestions. I am a debt-free senior. I owe nothing on my house or vehicles and I pay off my one credit card each month. I’ve no missing payments on utilities. My credit […]
Q&A: Deciding on when to take Social Security
Dear Liz: My ex-husband is 13 years younger than I. We were married for 10 years and he earns more than I do. If I start drawing my own Social Security benefit at age 70, can I switch to his benefit when I’m 75 and he is 62? Answer: Normally when someone applies for Social […]
Q&A: Inherited IRA taxes
Dear Liz: I have about $16,000 in a Roth IRA that I plan to leave to my daughter. When she collects this on my death, does she pay tax on the withdrawals? Answer: No. She would have to pay taxes on withdrawals if the money were in a regular inherited IRA, but not if the […]