Dear Liz: You mentioned that people who file electronically and use direct deposit generally get their refunds much more quickly than those who file paper returns. That has always been true for me, but this year I filed in February and got a message that there was a problem but not to contact the IRS […]
Recent Blog Posts
Q&A: Refinancing reverse mortgage
Dear Liz: I am a senior citizen who fell for the hype about reverse mortgages during a really hard time in my life. To this date I regret profoundly having sold my home to the devil! I never imagined that my debt would grow such as it has. My home is currently valued at $120,000 […]
Q&A: Roth IRA penalties
Dear Liz: I read your column in which you talked about the Roth IRA and how withdrawals can be penalized if you’re younger than 59½ or the account is not 5 years old. But are there any exceptions? Can we withdraw from our Roth IRA and not pay any tax or penalty if we use […]
Friday’s need-to-know money news
Today’s top story: How to stand out in a tough job market. Also in the news: 3 ways to skip your bank’s long phone lines, how a temporary relocation during the pandemic may affect your taxes, and new HSA rules. How to Stand Out in a Tough Job Market A message for the Class of […]
Thursday’s need-to-know money news
Today’s top story: 3 ways to skip your bank’s long phone lines. Also in the news: Keeping your credit in shape, even if you don’t have debt and don’t plan to borrow, 25 ways to save yourself from your debt disaster, and how to set up a 60/40 budget. 3 Ways to Skip Your Bank’s […]
Wednesday’s need-to-know money news
Today’s top story: 5 reasons it’s smart to lease a car right now. Also in the news: How to free up cash in your budget, how to decide what to leave your kids, and all the ways to get Amazon Prime for free. 5 Reasons It’s Smart to Lease a Car Right Now Keeping your […]