Today’s top story: What to do if you save too much for retirement. Also in the news: The ins and outs of starting a car, financial pros are hanging on to stocks, and why you need multiple savings accounts. What to Do If You Save Too Much for Retirement Saving too much for retirement can […]
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Wednesday’s need-to-know money news
Today’s top story: How to know when it’s time to ditch your starter credit card. Also in the news: How to cover yourself against car theft, tips on paying for your wedding, and how to make a budget if you want to freelance full time. How to Know When It’s Time to Ditch a Starter […]
What to do if you save too much for retirement
Many Americans don’t save enough for retirement, but it’s entirely possible to save too much — at least according to the IRS. Tax laws limit how much you’re allowed to contribute to retirement accounts, and excess contributions can be penalized. Uncle Sam doesn’t want you to leave the money in the account too long, either. […]
Tuesday’s need-to-know money news
Today’s top story: What Grammy winner Brandi Carlile can teach you about money. Also in the news: What changed when you were ignoring travel, top 12 best business credit cards for startups, and how to claim your monthly child tax credit. What Grammy Winner Brandi Carlile Can Teach You About Money In her new memoir, […]
Monday’s need-to-know money news
Today’s top story: When it’s OK to let your good credit score drop. Also in the news: A new episode of the Smart Money podcast on crypto credit cards and short-term investing, why balance transfer cards are starting to make a comeback, and how a 24-year-old crushed $20K+ in credit card debt. When It’s OK […]
Q&A: A sudden death brings a financial quandary
Dear Liz: My son suddenly passed away and his $1-million life insurance policy was awarded to me, his mother. I want the money to be divided equally between his two children for future use. They are 18 and 15 now. What financial vehicle should I use? The funds are in my money market account just […]