Today’s top story: Prices are skyrocketing, and how to lessen the impact. Also in the news: How to talk to your parents about estate planning, air fryer Black Friday 2021 deals, and why travel insurance is a great holiday gift to yourself. Prices Are Skyrocketing: Here’s How to Lessen the Impact Inflation reached a 30-year high […]
Recent Blog Posts
Tuesday’s need-to-know money news
Today’s top story: Care about your credit score? Get strategic with card limits. Also in the news: Buy now, pay later traps, and what to know about bitcoin as it approaches $70,000. Care About Your Credit Score? Get Strategic With Card Limits Actively managing how much of your credit limits you are using can make […]
Reluctant to retire? 3 signs you’re ready
Many people don’t have much choice about when they retire. Illness, job loss or caretaking responsibilities push them out of the labor force, ready or not. But some people have the opposite problem: They do have a choice, and yet they can’t quite bring themselves to quit working. In my latest for the Associated Press, […]
Monday’s need-to-know money news
Today’s top story: Should you bank with your brokerage?Also in the news: AirPods Black Friday 2021 deals, Smart Money Podcast on the benefits of being boring with your money, and saving money even back at the gym. Should You Bank With Your Brokerage? A cash management account can make it easier to invest, and CMAs […]
Q&A: Gift taxes vs. estate taxes
Dear Liz: A reader recently asked about passing a $500,000 inheritance to their children. You mentioned the option of disclaiming, or refusing the inheritance so that it would go to their kids. You wrote, “If you decide not to disclaim and later give the entire $500,000 to your kids, you wouldn’t have to pay gift taxes until […]
Q&A: Exes and Social Security benefits
Dear Liz: I receive Social Security. My recently divorced girlfriend receives Social Security from her ex-husband who is still living. If we were to get married, would either of us lose part or all of our Social Security benefits? It seems like a simple, straightforward question, but every Social Security representative I speak with by phone […]