Tuesday’s need-to-know money news

Today’s top story: There’s still time to make an IRA contribution for 2016. Also in the news: FAFSA tool outage, 4 money lies you might be telling yourself, and when a tax refund means bankruptcy. There’s Still Time to Make an IRA Contribution for 2016 You have a couple more weeks. FAFSA Tool Outage: Students […]

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4 tax hacks you might not know

You know to contribute enough to your 401(k) to get the full company match. Maybe you’ve even adjusted your withholding so you’re not giving Uncle Sam an interest-free loan. Yet you may feel the need to do even more, especially if you’re making the last big push toward retirement. These hacks allow you to shelter […]

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Monday’s need-to-know money news

Today’s top story: NerdWallet’s best credit card tips for April 2017. Also in the news: How one man dug out from $30K in debt, seniors are facing rising credit card debt, and should colleges require a financial literacy class? NerdWallet’s Best Credit Card Tips for April 2017 The best cards for spring. How One Man […]

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Q&A: Credits can boost a refund beyond the taxes paid — and keep millions out of poverty

Dear Liz: A friend of mine received a 2016 tax refund of over $9,000 even though this person did not pay nearly that amount in taxes over the course of the year. My friend has a fairly low-paying job with no benefits, is a single parent of two young children and receives no support from […]

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Q&A: Investment advisor’s fees

Dear Liz: Two years ago I rolled my 401(k) into an IRA at the suggestion of an advisor after I lost my job. The rollover was $383,000, and a secondary amount of $63,000 was transferred from my after-tax savings to a second account. All the fees for the advisor are taken from my small account […]

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Friday’s need-to-know money news

Today’s top story: Dodge these 5 tax mistakes. Also in the news: How to pay for expensive transgender surgeries, how to lower your energy bill, and the rare instances when student loans can be forgiven. Dodge These 5 Tax Mistakes Common mistakes to avoid. How to Pay for Expensive Transgender Surgeries Exploring the options. How […]

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Thursday’s need-to-know money news

Today’s top story: Don’t skip life insurance because of cost when having a baby. Also in the news: Wells Fargo could owe you money, crooks are targeting ATMs, and what you need to know about special needs financial planning. Having a Baby? Don’t Skip Life Insurance Because of Cost The sooner the better. $110 Million […]

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Wednesday’s need-to-know money news

Today’s top story: Victim of ‘Divorce Season’? Protect Your Finances. Also in the news: Mixing up these student loan terms could cost you, why deductions aren’t the only way to save on real estate taxes, and why you still need to cut up your canceled credit cards. Victim of ‘Divorce Season’? Protect Your Finances March […]

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Tuesday’s need-to-know money news

Today’s top story: 4 ways to manage the cost of raising a baby. Also in the news: How to take advantageof post-purchase price drops, SelfScore launches rewards card for international students in the United States, and why bank tellers won’t become extinct any time soon. 4 Ways to Manage the Cost of Raising a Baby […]

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Are you buying a house or lottery ticket?

The same week legendary investor Warren Buffett put his California vacation house on the market, a friend told me her widowed mother had sold the family home in Cleveland. Buffett bought his Laguna Beach place in 1971 for $150,000 and is asking $11 million. My friend’s parents bought their home for $24,500 in 1965 and […]

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