Dear Liz: We’re retired and living in California. We are planning on selling our home, which is paid for, and moving to Tennessee in a couple of years. I think we qualify for a “one time” capital gains exemption. Our home is worth over $1 million and we paid only $98,000 in 1978. We plan […]
Recent Blog Posts
Q&A: Spousal benefits
Dear Liz: My wife and I have been married for 18 months. I am 67, she is 66. She is not eligible to receive Social Security due to her work history. Is she eligible to receive spousal benefits now, even though I plan to wait until age 70 to receive mine? Answer: Your wife can’t […]
Q&A: Executor duties
Dear Liz: My best friend made me her executor. She has no relatives. She has listed people to receive money, possessions and her house. She has left me money as well. Once everything is disbursed and bills paid, there will be leftover money. If she wants me to have it, what needs to be written […]
Friday’s need-to-know money news
Today’s top story: Are high-deductible Medicare supplement insurance plans worth it? Also in the news: Are older workers a solution to the labor shortage, 2022 best cities for freelancers, and two of the biggest financial regrets women say they have. Are High-Deductible Medicare Supplement Insurance Plans Worth It? Compare premiums to check whether high-deductible Medigap […]
Thursday’s need-to-know money news
Today’s top story: Tweaking your tech settings to protect your privacy. Also in the news: What to do if there’s a mistake on your business taxes, how to avoid Zelle scams, and the cheapest U.S. cities with major airports to rent cars. You Can Tweak Your Tech Settings to Protect Your Privacy Making life difficult […]
Wednesday’s need-to-know money news
Today’s top story: Crypto could be coming to your 401(k). Also in the news: When it comes to your car contract, the devil is in the details, the Travel Nerd on what oil prices mean for your summer travel, and the majority of adults support mandatory personal finance education in schools. Crypto May Be Coming […]