Thursday’s need-to-know money news

Today’s top story: How to choose the best credit card perk. Also in the news: Why you should avoid taking a retroactive Social Security benefit, what we can learn from the IRS data breach, and why putting off saving for retirement in order to be debt free could be dangerous. Cash Back vs. Miles: Which […]

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Wednesday’s need-to-know money news

Today’s top story: A major data breach hits the IRS. Also in the news: Protecting your credit while traveling overseas, how to build an emergency budget, and how to prepare financially to become a stay-at-home parent. Identity Thieves Got Private Data for 104,000 U.S. Taxpayers Another week, another massive data breach. 4 Ways to Protect […]

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Tuesday’s need-to-know money news

Today’s top story: The best credit cards for new homeowners. Also in the news: Determining the right time to retire, what items you should buy in large quantities to save money, and finding a bank that offers the best protection for its customers. 5 Credit Cards for New Homeowners How to save money on one […]

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The magic of tidying up your money

For the uninitiated, it probably seems weird that a book with the unlikely title “The Life-Changing Magic of Tidying Up” can be a New York Times bestseller–or that the introverted Japanese author Marie Kondo is now so famous she can no longer ride the Tokyo subway for fear of being mobbed. Kondo contradicts a lot […]

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Q&A: 529 plans vs. education tax breaks

Dear Liz: You recently mentioned in your column that you can’t use any of the three education tax breaks — the American Opportunity Credit, the Lifetime Learning Credit or the tuition and fees deduction — for expenses paid with 529 college savings plan money. This has me wondering if those 529 plans are really worth […]

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Q&A: “File and suspend” Social Security

Dear Liz: You’ve been writing about the “file and suspend” option that allows you to delay taking Social Security while still reserving the ability to get a lump sum if you later change your mind. If I file and suspend but choose not to take a lump sum before my benefit maxes out at 70, […]

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Q&A: Waiting on Social Security

Dear Liz: I started Social Security at 62 and did the spreadsheet myself showing the break-even point. I would have to be 80 before the graphs even cross. You, and others, have to stop that business about waiting on Social Security if you can. My own mother lived to 90 and it is about quality […]

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Friday’s need-to-know money news

Today’s top story: Big changes are coming to your credit report. Also in the news: Excuses for not saving for retirement, how your social life changes when you’re saving money, and what to do as you approach retirement. Big Changes to Credit Reports Are on the Way: What It Means for You A new way […]

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Thursday’s need-to-know money news

Today’s top story: Health insurer CareFirst is hit with a massive data breach. Also in the news: How to dive into the investment pool, when you shouldn’t use a credit card, and identity theft facts that will terrify you. 1.1 Million User Records Stolen From Health Insurer CareFirst Another day, another data breach. 5 Tips […]

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Wednesday’s need-to-know money news

Today’s top story: What to do when your car loan outlasts your car. Also in the news: What to buy during this weekend’s Memorial Day sales, how to plan for semi-retirement, and how to trick yourself into spending less by using direct deposit. What to Do If Your Car Loan Outlasts Your Car Your options […]

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