Today’s top story: How insurance fraud costs you money. Also in the news: A new episode of the Smart Money podcast on lottery winners and what to do with extra COVID cash, how to decide if your first house should be a condo, and how to choose your ACA plan. How Insurance Fraud Costs You […]
Recent Blog Posts
Q&A: More about spousal benefits
Dear Liz: You recently wrote that a wife could apply for Social Security at 62 and then switch later to her spousal benefit. I do not believe this is accurate. Once the wife starts drawing, she is committed. Answer: Typically, that’s true. When someone applies for Social Security, their retirement benefit is compared with their […]
Q&A: Couples and their accounts
Dear Liz: You’ve been writing about things people should do after a spouse dies. May I recommend that before your spouse dies, be sure every account is in both your names. It took six months to cancel my landline phone after my husband died and I moved out of our home. Apparently when we moved […]
Q&A: Here’s why trying to time the stock market is a really bad idea
Dear Liz: I confess that I am one of those people who panicked and sold a portion of my portfolio in March, against the advice of many who said, “Hold, don’t fold.” Thus, when the market bounced back, I was left standing out in the cold. I am filled with a tremendous sense of stupidity. […]
Friday’s need-to-know money news
Today’s top story: Relax. The Reddit-Hedge Fund battle won’t tank your 401(k). Also in the news: How Medicare star ratings can help you choose a plan, the tax credit fix many can’t afford to miss, and what is Dogecoin and why are people buying it? Relax. The Reddit-Hedge Fund Battle Won’t Tank Your 401(k) The […]
Thursday’s need-to-know money news
Today’s top story: The tax credit fix many can’t afford to miss. Also in the news: Being the first in the family to invest, how to right your retirement savings after coronavirus setbacks, and why your credit karma score seems to high. The Tax Credit Fix Many Can’t Afford to Miss Working families could miss […]