Roth conversionsDear Liz: In preparing my 2021 tax returns, I was dismayed to find out that my first required minimum distributions from my retirement account have pushed me into the highest tax bracket ever in my life and caused 85% of my modest Social Security benefit to become taxable. Since I retired five years ago […]
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Q&A: Switch to electronic documents
Dear Liz: I have to disagree with your suggestion to switch to electronic documents versus using the U.S. mail. People need to keep an eye on dubious actors like cable and cellphone companies, where it’s important to pay attention to sneaky new charges or “expiring discount rates.” The same is true for credit cards, where […]
Thursday’s need-to-know money news
Today’s top story: Find out what big data says about you — and how to fix it. Also in the news: Part II of the Smart Money deep dive on student debt, why fixing the supply chain won’t cure homebuying woes, and 5 places where you can still get a decent meal for under $10. […]
Wednesday’s need-to-know money news
Today’s top story: 6 alternatives to Airbnb. Also in the news: The importance of used car inspections, small home fixes that have a big impact on safety, and how to not go broke at the ballpark this summer. 6 Alternatives to Airbnb for When You Want Other Options The vacation rental giant may have a […]
Tuesday’s need-to-know money news
Today’s top story: Credit card debt has dropped, but inflation may change that. Also in the news: How to make summer 2022 travel plans that actually happen, how the end of the mask mandate could increase travel costs, and how much house you can get for $350K. Credit Card Debt Has Dropped, But Inflation May […]
Find out and fix what big data says about you
I thought I knew all about the information that consumer reporting agencies were collecting on me. Then I discovered The Work Number — a database that reports every paycheck I’ve received from my company, with net and gross amounts, going back to my hire date six years ago. Another consumer reporting agency shows the results […]