Today’s top story: What a payroll tax deferral may mean for your paycheck and taxes. Also in the news: 4 ways to end your car lease early, what to do if losing your job means losing life insurance, and don’t skip these estate planning moves during the pandemic. What a Payroll Tax Deferral May Mean […]
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Tuesday’s need-to-know money news
Today’s top story: What no student loan payments until 2021 means for you. Also in the news: How to get started if you’ve never had a bank account, how to get a personal loan in a COVID-19 economy, and how the new payroll tax deferral will affect you. What No Student Loan Payments Until 2021 […]
Feel out of control? These money moves can help
Behavioral economist Dan Ariely and his colleagues at Duke University’s Center for Advanced Hindsight have a pact. Every week, the group of 50 people picks one small business in Durham, North Carolina, and each person spends $100 there. A one-time $5,000 infusion wouldn’t make a difference to Amazon, Costco or any other large retailer, but […]
Monday’s need-to-know money news
Today’s top story: New lawyers frustrated, depressed by student loan debt. Also in the news: A new episode of the SmartMoney podcast on lower mortgage rates and moving during a pandemic, how to take a high-interest loan and skip the debt cycle, and why you’ve got more time to pay off federal student loans. New […]
Q&A: Balancing disability and survivor benefits
Dear Liz: My 70-year-old husband is retiring at the end of the month. I’m 64 and collecting Social Security disability. If he should pass away before me, which is not likely considering my medical conditions, will I still get at least half of his Social Security income instead of my own, if it’s more than […]
Q&A:The IRS doesn’t need your worry
Dear Liz: My mother received a stimulus payment on behalf of my late father in April. Per an IRS directive on May 6, I returned the money to the IRS. As of Aug. 1, the check I sent has not been cashed. I have made two phone calls to the specific IRS phone number that […]