Today’s top story: The myths and realities of building your credit. Also in the news: What to expect if you test positive for COVID while traveling abroad, how to handle a top travel concern that emerged this summer, and how to tell if your employer’s 401(K) plan is any good. Building Your Credit: Myths and […]
Recent Blog Posts
Tuesday’s need-to-know money news
Today’s top story: Make your money more exciting by keeping it boring. Also in the news: A new episode of the Smart Money podcast on finding a new job and rent vs. buy in a new city, 7 ways to make more confident COVID-Era business decisions, and why you might finally qualify for student loan […]
Q&A: When to start spousal benefits?
Dear Liz: At what age do Social Security benefits stop for dependents? My child is 17 and is currently getting half of my Social Security amount. When her benefits stop, can I sign up my nonworking spouse to receive half of my benefits? Answer: A minor child can receive up to half of a retirement-aged […]
Q&A: Ask a tax pro before Roth conversion
Dear Liz: I’m almost 70, still working, and I’ve got a decent-size IRA as well as a 403(b) that I plan to move to an IRA when I retire. Because I have a pension and other investments, I don’t think I’ll ever need the money in the IRA and 403(b). Should I convert to a […]
Q&A: What’s the difference between ETFs, mutual funds and index funds?
Dear Liz: What is the difference between ETFs, mutual funds and index funds? Answer: Index funds are a type of mutual fund. Mutual funds and ETFs both allow you to buy a diversified mix of investments, but they’re structured differently. Mutual fund shares are usually priced once a day, based on the value of their […]
Thursday’s need-to-know money news
Today’s top story: How gratitude can help your financial life. Also in the news: What’s being fixed with student loan forgiveness, a new Smart Money podcast deep dive on investing strategies, and what happens when you’re too sick to pay your credit card bills. How Gratitude Can Help Your Financial Life Taking stock of what […]