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Recent Blog Posts

July 14, 2021 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: 7 changes to make when planning COVID-era travel. Also in the news: How to travel cheap(er) for a wedding, child tax credit payments go out July 15th, and how color can affect your car’s resale value. 7 Changes to Make When Planning COVID-era Travel Because travel demand is back up, you might […]

July 14, 2021 By Liz Weston

Who gets the keys to your digital estate?

You may not own cryptocurrency or nonfungible tokens. You may not have a big Instagram following or run an online business. But if you do almost anything online, you probably have digital assets — electronic records that you own, control or license. Failing to make arrangements for those assets while you’re alive could cause unnecessary […]

July 13, 2021 By Liz Weston

Tuesday’s need-to-know money news

Today’s top story: Are state interest rate caps an automatic win for borrowers? Also in the news: What Wells Fargo ending personal lines of credit means for you, how to rebuild your personal finances during an economic recovery, and a case for opening a ‘What If?’ savings account. Are State Interest-Rate Caps an Automatic Win […]

July 12, 2021 By Liz Weston

Monday’s need-to-know money news

Today’s top story: What to do if Chime or other neobanks close your account. Also in the news: A new episode of the Smart Money podcast on fighting inflation and the risks of small mortgage lenders, 6 essential terms to understand in your homeowners policy, and what millennial parents want their kids to know about […]

July 12, 2021 By Liz Weston

Q&A: Why delaying Social Security is the smartest retirement play

Dear Liz: If someone delays applying for Social Security after their full retirement age, the common thought is that their benefit grows by 8% a year until the age of 70. It accrues by that much only if you continue to work, right? I was unceremoniously laid off during the pandemic and I am holding […]

July 12, 2021 By Liz Weston

Q&A: Different Roths, different rules

Dear Liz: I have a Roth 401(k). Are withdrawals from it the same as from a Roth IRA? And how do I move it to a Roth IRA? Answer: Roth 401(k)s are a type of workplace retirement plan that, like Roth IRAs, allow tax-free withdrawals. But the rules for Roth 401(k)s are somewhat different from […]

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