Dear Liz: One thing I like about saving for retirement with an IRA is that I can wait until April 15 of the following year and then just contribute a lump sum for whatever I can afford to put in that year. Is there anything similar with 401(k)? Or do I have to have the […]
Recent Blog Posts
Thursday’s need-to-know money news
Today’s top story: Getting real about health costs in retirement. Also in the news: Watch your credit card rewards pile up with these 5 tips, learning the different types of mutual funds, and how hackers can steal your data at airports. Let’s Get Real About Health Costs in Retirement Making costs easier to predict. Watch […]
Wednesday’s need-to-know money news
Today’s top story: The lowdown on new tools to jump-start your credit. Also in the news: The new credit card that pays cash-back rewards for on-time payments, tuition discounts grow at private colleges and universities, and what to do in your 20s and 30s to be set in your 60s and 70s. The Lowdown on […]
Tuesday’s need-to-know money news
Today’s top story: Why your financial aid may plummet after freshman year. Also in the news: 3 tricks to help you shop less, how FICA tax and other withholding taxes work on your paycheck, and why you should plan to retire even if you don’t plan on retiring. Why Your Financial Aid May Plummet After […]
Let’s get real about health costs in retirement
You won’t pay for health care in retirement with one lump sum. That’s the way these expenses are often presented, though, and the amounts are terrifying. Fidelity Investments, for example, says a couple retiring in 2019 at age 65 will need $285,000 for health expenses, not including nursing home or other long-term care. The Employee […]
Monday’s need-to-know money news
Today’s top story: The average credit score is rising. Also in the news: 3 money-saving tips for buying a washer, a statute of limitations on student loans, and why you should always buy airfare on a credit card. Credit Scores Are Rising — Is Yours, Too? Every little bit matters. Want to Clean Up? 3 […]