Dear Liz: I keep reading conflicting things about 401(k)s and IRAs. If I roll over my 401(k) from my previous employer into an IRA, is it still protected from creditors? I’ve left it in the old 401(k) plan for now because I’ve read IRAs can be seized in lawsuits or bankruptcy, or alternatively that only […]
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Q&A: Missing refund update
Dear Liz: Thank you for including my previous email about a missing tax refund in your recent column. Just to update you, on Aug. 20 I checked the IRS “refund status” website and lo and behold, it showed they had received my mother’s paper return, processed it, and even approved the refund (with $3.59 interest […]
Friday’s need-to-know money news
Today’s top story: The 2 costs that can make or break your nest egg. Also in the news: Buying stocks in a year of uncertainty, getting paid for family caregiving, and how people spent their stimulus checks. The 2 Costs That Can Make or Break Your Nest Egg Spending less on housing and transportation could […]
Wednesday’s need-to-know money news
Today’s top story: How to boost your chances of getting another credit card. Also in the news: 6 great recession rules that still apply, using your 529 plan to pay your student loans, and how to save money on Medicare open enrollment. Here’s what you need to do to boost your chances of getting another […]
Tuesday’s need-to-know money news
Today’s top story: How to avoid waiting on credit card customer service lines. Also in the news: COVID-19 refunds on campus, why older Americans might be having trouble getting credit cards, and money-saving tips everyone should know. How to Avoid Waiting on Credit Card Customer Service Lines Alternatives to sitting on hold. Will You Get […]
The 2 costs that can make or break your nest egg
If you earn a decent income but have trouble saving, the culprits could be the roof over your head and the car in your driveway. Retirement savers who contribute more to their 401(k)s often spend less on housing and transportation than their peers, according to a study by the Employee Benefit Research Institute and J.P. […]