Dear Liz: How will our Social Security payments be affected by any passive income such as from rental properties? We have two properties, which add $3,000 monthly to our current income. I plan on retiring at 72, which is six years away. My husband may retire earlier due to health problems. We will have savings […]
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Thursday’s need-to-know money news
Today’s top story: Spring clean your finances with some automation. Also in the news: Negotiating your COVID-19 hospital bills, what a tax holiday at the gas pump means for you, and how to prep for the financial hit of long COVID. Spring-Clean Your Finances With Some Automation Automating paying bills and saving money can save […]
Wednesday’s need-to-know money news
Today’s top story: Student loan pause extended again. Also in the news: Booking rental cars in advance vs last minute, how to account for inflation in your 2022 travel budget, and how to split rent when some rooms are better than others. Student Loan Pause Extended Again — Is There an End Game? Federal student […]
Tuesday’s need-to-know money news
Today’s top story: Spring-clean your finances with some automation. Also in the news: How millennials can take their money to the next level, the latest scams targeting taxpayers, and which airline has the best rewards. Spring-clean finances with some automation Consider these strategies from financial experts. Millennial Money: Take your money to the next level […]
Monday’s need-to-know money news
Today’s top story: Tips for appealing s denied health insurance claim. Also in the news: A new episode of the Smart Money podcast on pet insurance and tax refunds, learning about your money in small steps, and big expenses you could face in retirement. Tips for Appealing a Denied Health Insurance Claim You have some […]
Q&A: How to figure your capital gains tax bite so the IRS doesn’t zap you
Dear Liz: We had big capital gains this year, and we owe taxes plus a penalty for not paying estimated taxes. Is there a way to plan ahead for taxes since every year is different regarding gains or losses? I know one option is to just pay estimated taxes quarterly based on the previous year’s […]