Dear Liz: In a recent column, you discussed the difference between fee-only vs fee-based financial planners. Most of my retirement dollars are in an IRA with one of the better-known investment companies. One of the advisors with that firm has advocated for an annuity with a well-known insurance company as a component of my portfolio. […]
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Q&A: Windfall elimination provision explained
Dear Liz: I understand your explanation of the windfall elimination provision that reduces Social Security benefits if someone is receiving a pension from a job that didn’t pay into Social Security. I am a teacher with such a pension who also worked more than 10 years in the private sector. I’d accept the explanation and […]
Friday’s need-to-know money news
Today’s top story: 4 reasons to shop Small Business Saturday. Also in the news: Substantial Medicare coverage for mammograms and breast cancer surgeries, therapies and prostheses, and PlayStation and Xbox consoles in short supply in 2021. 4 Reasons to Shop Small Business Saturday In a time marked by widespread supply chain disruptions and inflation, underdog […]
Thursday’s need-to-know money news
Today’s top story: How to talk money with your parents this holiday. Also in the news: How to bounce back after a business fails, and some fallout U.S. cardholders could face later from the recent Amazon-Visa spat. How to Talk Money With Your Parents This Holiday It’s fine to observe the holiday and talk about money […]
Wednesday’s need-to-know money news
Today’s top story: Harsh vibe continues for home buyers in 2022. Also in the news: Important lessons from Mortgage application data, new for Medicare in 2022, 5 mistakes that can lead to a bad car loan, and TV Black Friday 2021 deals. The Property Line: Harsh Vibe Continues for Home Buyers in 2022 Signs point toward […]
Tuesday’s need-to-know money news
Today’s top story: What to seek if you don’t like your bank. Also in the news: iPhone Black Friday 2021 deals, how to bank your digital coin, and the best time to buy a Christmas tree this year. Survey: Most Like Their Bank; What To Seek if You Don’t “Choosing a bank is a very personal […]