Dear Liz: I have taken multiple in-person and online educational classes about Medicare prior to my 65th birthday. What I learned from these classes was that the law demands people register for Medicare Part A when we turn 65 whether we are working or not. Like the woman in your column, I also work full time […]
Recent Blog Posts
Q&A: Dealing with credit challenges
Dear Liz: I felt you should have corrected the person who said they felt like a loser because heavy credit card usage lowered their credit scores. I went through a period of poor credit after I was diagnosed with amyotrophic lateral sclerosis (ALS). It took about nine months to get our financial footing again. My scores are on […]
Q&A: Delaying Social Security benefits
Dear Liz: I reached my full Social Security age (66) in December 2020. I’ve been waiting until age 70 to start benefits so I can get the 8% annual delayed retirement credits and maximize my benefit. However, if the 2023 cost of living increase will be 10.5%, should I go ahead and start benefits this year, […]
Friday’s need-to-know money news
Today’s top story: The other big student loan news: changes to repayment. Also in the news: How to prepare your money and mind for a breakup, 4 travel card perks that may not be as valuable as you think, and what California’s phase-out of fossil fuel cars could mean for you. The Other Big Student […]
Thursday’s need-to-know money news
Today’s top story: 3 reasons not to tap your home equity right now. Also in the news: How much an abortion cost, how to tell if you’re eligible for student loan forgiveness, and what the difference between a recession and a depression is. 3 Reasons Not to Tap Your Home Equity Right Now Borrowing against […]
Q&A: Is the ‘tax torpedo’ coming for you? Here’s what you need to know
Dear Liz: I am pondering the best time to begin drawing Social Security. I have no debt, am 61, retired and fortunate enough to have retirement funds that are projected to last until I’m 95 without Social Security. That said, when I begin drawing Social Security, I understand I am likely to get taxed at […]