Dear Liz: My husband is 71 and retired. We have started withdrawing from one of his retirement funds but I am unsure if there is a minimum amount that needs to be withdrawn per year. We have a few retirement funds in different places. Do we have to withdraw from each or just a minimum […]
Recent Blog Posts
Q&A: When a full-service brokerage doesn’t want your business anymore
Dear Liz: Can a brokerage firm drop a 26-year customer because their account falls below $200,000? I have been told that they don’t normally have accounts under that limit. Of course, my balance is lower because of the market slide. This policy doesn’t seem very ethical. Ten years ago, I had another account with them […]
Thursday’s need-to-know money news
Today’s top story: Small home fixes can have a big impact on safety. Also in the news: A new episode of the SmartMoney podcast on student loan debt, why you need to inspect the used car you bought sight unseen, and check whether your Toyota or Lexus is part of a massive recall. Small Home […]
Wednesday’s need-to-know money news
Today’s top story: Life insurance favors young adults, but they have hesitations. Also in the news: The logic of booking air travel has changed, which rental car company has the lowest prices, and find out what’s bringing down the value of your home. Life Insurance Favors Young Adults, But They Have Hesitations Concerns include picking […]
Tuesday’s need-to-know money news
Today’s top story: Flying is likely the cheapest option for spring and summer trips. Also in the news: 8 tactics to break credit card debt cycles, dealing with bank mergers, and negotiating COVID-19 medical bills. Flying is likely cheapest option for spring, summer trips According to NerdWallet travel writer Sally French, despite the feeling that […]
Small home fixes can have a big impact on safety
If it ain’t broke, maybe you should fix it anyway. That’s the message consumer advocates and insurance experts want you to hear about your home’s hidden dangers. Too often, they say, people put off relatively inexpensive repairs or improvements that could prevent significant damage, injuries or even death. While you can’t eliminate every potential hazard, […]