Dear Liz: You recently advised a reader that if their income was too high to contribute to a Roth IRA, they could still contribute to an IRA or any after-tax options in their 401(k). You didn’t mention a two-step Roth IRA — first making a nondeductible contribution to an IRA and then immediately converting that […]
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Friday’s need-to-know money news
Today’s top story: How to tell if that ‘contact tracer’ is really a scammer. Also in the news: Don’t wait to refinance these student loans, why you should aim for 1% credit utilization, and the $600 unemployment boost is likely ending. Here’s how you can access cash now. Is That ‘Contact Tracer’ Really a Scammer? […]
Thursday’s need-to-know money news
Today’s top story: What to do with your ‘treasures’ your kids don’t want. Also in the news: How ‘shadow lenders’ can leave college students in the dark, why it’s harder than ever to find a balance transfer offer right now, and 5 destinations from Netflix hits to inspire your future travels. What to Do With […]
Wednesday’s need-to-know money news
Today’s top story: Mortgage trends for the rest of 2020. Also in the news: Why a credit card company can lower your limit, why you might not want to zero out every credit card, and how to know if your 401(k) fees are too high. Mortgage Trends for the Rest of 2020 Lower rates but […]
Tuesday’s need-to-know money news
Today’s top story: What you can do if your college says to stay home this fall. Also in the news: 8 things that will get more expensive (and 3 that will be cheaper) post-pandemic, 7 ways moving from a city to a small town could save you money, and what yo do when your forbearance […]
What to do with your stuff the kids don’t want
Parents who are downsizing or simply decluttering may have to get creative at finding homes for all their unwanted possessions – particularly these days. The generations that came after the baby boom are famously less interested than their predecessors in the trappings of domestic life, says Elizabeth Stewart, author of “No Thanks Mom: The Top […]