Thursday’s need-to-know money news

Today’s top story: How to build your ‘Oh, Crap!’ fund. Also in the news: A strategy that could help new grads retire sooner, United Airlines sets a new pet transport policy, and what happens to your debts when you die. How to Build Your ‘Oh, Crap!’ Fund Don’t get caught empty-handed. New Grads, This Strategy […]

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Wednesday’s need-to-know money news

Today’s top story: Money advice for new graduates – and some old-school wisdom. Also in the news: Should you fix or break up with your car, types of stocks to look at if you’re getting back into the market, and how to determine if you need life insurance in retirement. Money Advice for New Grads […]

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Tuesday’s need-to-know money news

Today’s top story: What is synthetic identity theft? Also in the news: The top 5 places to invest in for new grads, why more credit cards are helping you speed through airport security, and what you don’t know about foreign transaction fees. What Is Synthetic Identity Theft? Imaginary applicants with very real data. New Grads: […]

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How to build your ‘Oh, crap!’ fund

The emergency fund is a bust. Millions of Americans don’t have one, and some of those who do resist tapping what they’ve saved. I’d like to propose an alternative for both sets of people: The “oh, crap!” fund, a savings account for not-quite-emergency expenses. One of the reasons people don’t have emergency funds is misplaced […]

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Q&A: If you’re putting money in a 401(k) and an IRA at the same time, be ready for the taxes

Dear Liz: I recently returned to a regular 9-to-5 job after freelancing for several years. I contributed the maximum amount to an IRA while self-employed and continued to do so after starting my new job. I was surprised to learn when doing my taxes this year that I could not deduct my IRA contributions because […]

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Q&A: The idea here is not to cheat public servants

Dear Liz: Thanks for your column about Social Security claiming strategies. Here’s a further complication you didn’t address. If the surviving spouse is a teacher in many states, access to survivor’s Social Security benefits is further restricted (if not entirely blocked) by a misogynistic, anti-teacher ruling dubbed the windfall elimination provision, which perhaps was a […]

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Friday’s need-to-know money news

Today’s top story: If you sold fearing a market crash, here’s what to do now. Also in the news: Why you should look under the hood of your target-date fund, a home buyer’s guide to motivated sellers, and is Amazon Prime worth its new price? If You Sold Fearing a Market Crash, Here’s What to […]

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Thursday’s need-to-know money news

Today’s top story: Start prepping for next year’s taxes now. Also in the news: Taking the shame out of rebuilding your finances, 3 reasons to hire a fee-only financial planner, and what you should know about Roth IRA withdrawals. Do Future-You a Solid: Prep for Next Year’s Taxes Now Give 2019 You a head start. […]

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Wednesday’s need-to-know money news

Today’s top story: Need a gift for a college graduate? Consider a Roth IRA. Also in the news: An Olympian’s victory versus debt, how to tackle common home worries with a plan, and the best jobs to have when the economy tanks. Need a Gift for a College Graduate? Consider a Roth IRA A gift […]

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Why you shouldn’t co-sign your grandkid’s student loan

College financial aid offers have been sent out, and the traditional May 1 deadline for high school seniors to pick their schools is fast approaching. That means all across this great land of ours, grandparents are getting hit up by would-be college students desperate to use their elders’ good credit. Federal student loans don’t require […]

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