Today’s top story: Will a summer job burn your financial aid for college? Also in the news: 4 cool-down summer escapes you can book with points, new tools that can help turn your retirement savings into a steady paycheck, and how how to find out if you’re eligible for a $20,000 payment from Equifax data […]
Recent Blog Posts
Is your wealth dripping away?
As a spokesperson for the insurance industry, Loretta Worters often gives tips to homeowners on preventing water damage. Some of her knowledge comes from personal experience. Worters says she had owned a home in Bellmore, New York, for only a month when she noticed the clothes washer in the basement was taking an awfully long […]
Monday’s need-to-know money news
Today’s top story: What you might get from the Equifax data breach settlement. Also in the news: 5 logical credit moves that can lead to trouble, 8 money mistakes newlyweds make, and how to decide if you should get a cash-back credit card. What You Might Get From the Equifax Data Breach Settlement 150 million […]
Q&A: This 529 college savings plan has a problem: no kids
Dear Liz: When I found out I could save for my future children by enrolling in a 529 college savings plan and not pay taxes on the growth, I started doing that three years ago. Since then I got married, and my wife decided to get an MBA. I have $41,000 saved away for my […]
Q&A: Adding a child as a credit card user
Dear Liz: I’ve read that adding a child as an authorized user on your credit card could help build his or her credit history. But I was specifically told that this was not the case, as the child’s Social Security number was not primary. Answer: Whoever told you may not have understood how authorized user […]
Q&A: Rules about a dead ex’s pension
Dear Liz: My ex-spouse passed away recently. She had a pension, and I got 25% of the monthly amount (we had a Qualified Domestic Relations Order to divide the pension). I am now the survivor, but I still get the same amount every month. Shouldn’t I be getting what she received? Answer: Pensions for survivors […]