Today’s top story: How the pandemic has shaken up retirement. Also in the news: 6 steps for financial spring cleaning, what to know if you’re listing your home in 2021, and how to avoid having to pay back the $3600 child tax credit. How the Pandemic Has Shaken Up Retirement When to retire isn’t always […]
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Wednesday’s need-to-know money news
Today’s top story: Travel might not be the stress reliever you hoped for in 2021. Also in the news: The Travel Nerd on airline loyalty, considering the value of daily tasks when buying life insurance, and the easiest hands-off way to prevent your card from being closed for inactivity. Travel Might Not Be the Stress-Reliever […]
How the pandemic has shaken up retirement
Pandemic-related job losses forced many older Americans out of the workplace i n the past year, perhaps permanently. But the COVID-19 crisis also seems to have delayed some retirements. Remote work eliminated commutes and often allowed more flexible schedules with fewer interruptions. At the same time, the pandemic restricted many traditional retirement activities, including travel […]
Monday’s need-to-know money news
Today’s top story: How to fill in your financial blind spots. Also in the news: A new episode of the Smart Money podcast on cannabis investing and keeping too much cash, what to do if a credit card lowers your credit limit, and the best credit card welcome bonuses right now. How to Fill In […]
Q&A: Pension: to lump or not to lump
Dear Liz: I’m 67 and I’m going to retire later this year. My wife is already retired, and our kids are grown and on their own. I have a 401(k) that I’ve contributed to for most of my working years, and a small traditional IRA. I also have a grandfathered pension plan through my employer. […]
Q&A: She counted on pandemic rent relief but didn’t qualify. Now what?
Dear Liz: I have a friend in dire financial straits. She has borrowed from her retirement, spends too much and didn’t pay her rent thinking she would get pandemic relief, but she makes too much to qualify for emergency rental assistance. She has mental health issues, which are being addressed by a therapist, but I […]