Death and taxes may be the only certainties in life, but death taxes are only a remote possibility for most people. The vast majority of Americans won’t ever have or give away enough to owe estate or gift taxes. Far more people could be affected if a tax break that benefits heirs is eliminated. While […]
Recent Blog Posts
Monday’s need-to-know money news
Today’s top story: No flood insurance? Here’s how to get help. Also in the news: A new episode of the Smart Money podcast about saving on gas and 401(k) limits, 3 ways to get socially distanced tax prep help this year, and how to protect yourself from Facebook and Instagram ad scams. No Flood Insurance? […]
Q&A: Retirement saving after layoff
Dear Liz: My husband and I are both in our early 50s and have been contributing the full amount to each of our 401(k) plans, plus the catch-up amounts since we turned 50. I was laid off in February 2020 and had only contributed $3,000. I had assumed I’d get a new job quickly, but […]
Q&A: How to keep your lightly used credit cards from closing
Dear Liz: I had a credit card that didn’t expire until 2024 but the issuer closed my account because it hadn’t been used in a few years. During these difficult times, I didn’t want to get into a lot of debt by using too many cards. The issuer should have let me know this could […]
Friday’s need-to-know money news
Today’s top story: Smart ways to negotiate your salary in an uncertain economy. Also in the news: Student loan scams are on the rise, 5 things to consider when picking a college in the COVID-19 era, and how to claim retroactive unemployment benefits. Smart Ways to Negotiate Your Salary in an Uncertain Economy If you’re […]
Thursday’s need-to-know money news
Today’s top story: Why you should stop waiting to sell your home. Also in the news: How to find a Black financial advisor, sharing renters insurance with a roommate, and why you need to start claiming crypto on your taxes. Why You Should Stop Waiting to Sell Your Home Now maybe a good time to […]