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Recent Blog Posts

July 5, 2021 By Liz Weston

Q&A: Here’s how taxes work on estates and inherited money

Dear Liz: Are all assets entitled to a stepped-up basis upon the death of the owner? My father died about a year ago, leaving my sister and me an estate of a little over $1 million. He had a Thrift Savings Plan that is apparently like a 401(k) for federal government employees. This is getting […]

July 5, 2021 By Liz Weston

Q&A: Finding your real credit score

Dear Liz: I’ve been thinking of buying a house, and I want to get a good deal on the mortgage. To do this, I’ve been working on getting my credit score high. I only have one credit card and have had it for less than two years. This credit card has gotten my FICO score […]

July 1, 2021 By Liz Weston

Thursday’s need-to-know money news

Today’s top story: Financial vital signs to monitor right now. Also in the news: July’s mortgage outlook, pandemic college enrollment, and how to make some cash before returning to school. Financial Vital Signs to Monitor Right Now A midyear financial review is often a good idea. Mortgage Outlook: July Rates to Shrug and Stay the […]

June 30, 2021 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: What to do when cryptocurrency is crashing. Also in the news: Sidestepping the rental-car shortage with a limo, getting help with returning student loan payments, and the pros and cons of chasing bank account bonuses. What to Do When Cryptocurrency Is Crashing We asked several cryptocurrency experts their thoughts on what to […]

June 30, 2021 By Liz Weston

Financial vital signs to monitor right now

A midyear financial review is often a good idea. This year, it’s almost essential. With people going back to offices, travel resuming, and Congress making significant changes to various laws affecting your finances, consider taking some time to check in on your money. You might be able to make some smart moves to reflect the […]

June 29, 2021 By Liz Weston

Tuesday’s need-to-know money news

Today’s top story: A Roth IRA could help you avoid taxes like the ultrawealthy. Also in the news: How one DUI can nearly double your car insurance, the Child Tax Credit scam, and flying first class for cheap(er) right now. A Roth IRA Could Help You Avoid Taxes Like the Ultrawealthy You, too, could lower […]

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