Today’s top story: Buy a real car now before they become extinct. Also in the news: How Shea Couleé of ‘Drag Race’ fashions her finances, 8 credit card strategies, and 3 things to do when you get a salary increase. Buy a Real Car Now Before They Become Extinct Sedans are disappearing. Money/Makers Q&A: How […]
Recent Blog Posts
Will you get what Social Security promises?
The Social Security Administration will happily forecast your future monthly retirement check. Trouble is, it’s often off the mark. Understanding the sometimes-flawed assumptions underlying the estimate can help you make smarter decisions about when to claim your benefit. First, of course, you should know how to access those estimates. You can find yours online by […]
Monday’s need-to-know money news
Today’s top story: In ‘SIM Swap,’ criminals really have your number. Also in the news: Don’t let price be your only guide when choosing an airport, a new SmartMoney podcast, and why you shouldn’t sign up for an airline credit card when you’re on the plane. In ‘SIM Swap,’ Criminals Really Have Your Number How […]
Q&A: Death doesn’t take a financial holiday. Here’s a cautionary tale
Dear Liz: My daughter has two children, ages 2 and 4. Recently the children’s father took his own life. He was 27. The job he worked as long as I knew him paid him in cash, so he didn’t pay into Social Security. Does this mean the children cannot receive survivor benefits from Social Security? […]
Q&A: Pension payout planning
Dear Liz: My husband and I each receive a pension from the companies where we worked. If my husband dies first, will his company continue to pay me his pension and vice versa? Answer: That depends on how you chose to receive your benefits. Typically people are offered a choice of payouts: a “single life” […]
Q&A: Living trust viewing restrictions
Dear Liz: How in the world do I find out the details of my parents’ trust? My father recently died and my mother, who is 89, is not familiar with the details. My older sister is not responsive when I ask questions. She and I are the only children. My husband recently became disabled and […]