Thursday’s need-to-know money news

Today’s top story: The retirement moves baby boomers should consider this year. Also in the news: Predictions about the economy, avoiding money scams, and the hottest real estate markets in the country. 5 Retirement Moves Boomers Should Make in 2014 Start learning about Social Security benefits. 5 Predictions About Your Money and the Economy in […]

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Wednesday’s need-to-know money news

Today’s top story: Preparing to deal with debt collectors. Also in the news: Getting financial help while caring for elderly parents, why parents’ personal finance decisions are changing, and how to avoid being scammed by the wolves of Wall Street. What to Do Before Debt Collectors Call Have your numbers in order. Retirement: Get financial […]

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Tuesday’s need-to-know money news

Today’s top story: Finding the best balance transfer credit card. Also in the news: Keeping your financial resolutions, what not to buy at the drugstore, and the latest on the Target credit data breach. The Best Balance Transfer Credit Cards in America Ranking the contenders. 8 Hacks to Help You Keep Your Resolutions After three […]

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Seven ways to help your child get more money for college

LOS ANGELES (Reuters) – If you know much about college financing, you probably know the basics of improving a financial aid package: Save in your own name, rather than your child’s, fill out the Free Application for Federal Student Aid as soon after January 1 as possible and look for scholarships and other “free money” […]

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What same sex couples–and their advisors–need to know

Last summer’s Supreme Court decisions on same sex marriage created a sea change for gay couples, but the details of that change depend on where they got married, where they live now and the federal agencies involved. The changes are dramatic and complex enough that financial advisors should contact any clients with same sex partners […]

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Who should save 10%

Dear Liz: I often hear financial planners say you should save 10% of your income, but they don’t go into exactly what that means. Is that 10% separate from retirement or including retirement? Does that include saving for your emergency fund? Is this just archaic advice now? I’m 46 with only $40,000 saved for retirement […]

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One way around early withdrawal penalties

Dear Liz: My son is 52 and has been unemployed for three years. He has been forced to withdraw money from his 401(k) and pay early withdrawal penalties on it to pay his mortgage and other bills. Is there such a thing as a hardship exception to avoid this tax bill? Answer: There’s a way […]

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Why you want an emergency fund

Dear Liz: I regularly read about people in your column who don’t feel the need for an emergency fund, or think they only need a small one. This is one of the many issues that makes me glad that my husband takes care of the finances. We are both professionals with graduate degrees who, for […]

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Monday’s need-to-know money news

Today’s top story: Savings experts reveal ways you save money. Also in the news: How to manage your debt as you get older, how to avoid medical identity theft, and what to do when you’re addicted to credit cards. Financial Expert Reveals Three ‘Super Savings Solutions’ Everyday ways you can save money. Too Old to […]

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Friday’s need-to-know money news

Today’s top story: Security tips from a former identity thief. Also in the news: What to teach teen about debt, tax mistakes you don’t know you’re making, and tips on retiring early. 4 Security Tips From a Former Fraudster Advice on how to protect yourself from guys like him. 4 Things Your Teen Needs to […]

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