Today’s top story: 7 kinds of COVID-19 relief for college students. Also in the news: Why rich students get more financial aid than poor ones, a new episode of the SmartMoney podcast on Student Loans and the stimulus package, and what it means to be furloughed. 7 Kinds of COVID-19 Relief for College Students From […]
Recent Blog Posts
Q&A: Volatile markets and retirement
Dear Liz: With the tumult in the stock market, I’ve been thinking of a strategy which may be safe but not prudent. I have about $315,000 in a trust account which pays me about $9,000 a year in dividends. I’m 81. If I sell all the stocks in my trust account, I could draw the […]
Q&A: Giving away your relief funds
Dear Liz: My wife and I are retired. We are comfortable financially, with a generous pension, maximum Social Security benefits due to start in a few months, and three years’ worth of ready cash in the bank. We don’t anticipate touching our investments until mandatory distributions from our IRAs kick in. Now we’re apparently going […]
Q&A: How to figure out if your student loan qualifies for coronavirus relief
Dear Liz: I’m confused about what help is being offered to people with student loans. At first I heard interest was waived but payments had to be made. Then supposedly the stimulus package made payments optional. Is there something I have to do to get relief or is it automatic? Answer: If your student loans […]
Friday’s need-to-know money news
Today’s top story: COVID-19 loan options and payment relief. Also in the news: Why you shouldn’t give your adult kids your house, managing the high cost of infertility, and when you’ll get your Coronavirus relief check. COVID-19: Loan Options and Payment Relief Lenders respond to the pandemic. Don’t Give Your Adult Kids Your House Good […]
Thursday’s need-to-know money news
Today’s top story: SmartMoney Podcast – Coronavirus and your portfolio. Also in the news: How to suspend or cancel car insurance temporarily, what to do when the Coronavirus crisis delays your wedding day, and Coronavirus food delivery options and how your credit card can help. SmartMoney Podcast: Coronavirus and Your Portfolio Managing the toll on […]