Dear Liz: I thought your readers would benefit from additional knowledge about Roth conversions. I started converting our IRAs to Roth IRAs when my wife and I turned 60 years old. Years later, I realized that our premiums for Medicare Part B and D were higher because our income in those years exceeded $174,000. Answer: […]
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Friday’s need-to-know money news
Today’s top story: How to increase your chances of credit card approval. Also in the news: How to transition from work-at-home novice to pro, why the weak dollar is good for your investments, and why champagne sales have gone flat. How to Increase Your Chances of Credit Card Approval Boost your odds by focusing on […]
Thursday’s need-to-know money news
Today’s top story: How to save on back-to-school shopping amid uncertainty. Also in the news: 5 things to know about gold’s record-breaking run, experts say new investors should quit stock-picking, and how this week’s fed meetings may impact your wallet. Back-to-School Shopping in 2020: How to Save Amid Uncertainty Whether your kids are learning in […]
Wednesday’s need-to-know money news
Today’s top story: 6 ways to finance your home improvement project. Also in the news: The dwindling power of Pell Grants to help at-need students, ‘Gamify’ your savings with a prize-linked bank account, and upcoming sales tax holidays. 6 Ways to Finance Your Home Improvement Project A breakdown of loan options. Pell Grants: Dwindling Power […]
Can you trust your mobile payment app?
Money transfer apps including Venmo, Cash App and PayPal have surged in popularity during the pandemic as people seek safe, contactless ways to send and receive money. Unfortunately, many people don’t understand the limitations of these payment platforms or how they can put someone’s finances at risk. Like over-the-counter medicines, payment apps can be safe […]
Tuesday’s need-to-know money news
Today’s top story: What to do when your $600 weekly unemployment check expires. Also in the news: Which hotels have handled COVID-19 the best, how COVID-19 is changing the way families save for college costs, and the U.S. Mint asks for help getting coins back in circulation. What to Do When Your $600 Weekly Unemployment […]