Dear Liz: If I continue to work after 70, will Social Security taxes still be deducted from my check? I understand my benefits will cap out at 70, so why would I need to still pay into the fund? Answer: Because Social Security is insurance, not a bank account. And it may not be true […]
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Friday’s need-to-know money news
Today’s top story: 5 ways to take command of military discounts. Also in the news: The best credit cards to use when buying airfare, Black Friday strategies that actually work, and how to spend your retirement savings without triggering a tax penalty. 5 Ways to Take Command of Military Discounts Thank you for your service. […]
Thursday’s need-to-know money news
Today’s top story: Speedier payment systems could curb your costs. Also in the news: Black Friday vs. Prime Day: How they stack up, 5 signs an online loan is a debt trap, and everything you need to know about your 2020 taxes. Speedier Payment Systems Could Curb Your Costs Real-time payments could save Americans billions. […]
Wednesday’s need-to-know money news
Today’s top story: 5 signs an online loan is a debt trap. Also in the news: 6 surprising sales to shop on Black Friday, secrets of a Black Friday shopper, and 5 common financial fears and how to conquer them. 5 Signs an Online Loan Is a Debt Trap Things to look out for. 6 […]
Tuesday’s need-to-know money news
Today’s top story: Should you use miles to book holiday travel? Also in the news: How one woman paid off $51K of debt, 4 times it actually makes sense to buy miles, and what to do first when you get a raise. Should You Use Miles to Book Holiday Travel? Good idea? Or waste of […]
Speedier payment systems could curb your costs
Here’s an illustration of the many ways slow payment systems can inconvenience you and cost you money. Let’s say Homer is two days from payday. The family checking account at First Bank of Springfield is on fumes. There’s just enough in the account, Homer thinks, to gas up his Plymouth sedan and buy Bart a […]