Dear Liz: My husband started collecting Social Security benefits at age 62. I was still working at the time. When I reached my full retirement age of 66, I started collecting spousal benefits, or 50% of the benefit he received. After I reached age 70 and retired, I switched over to my own benefit as […]
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Q&A: Independent contractors face a wealth of tax consequences
Dear Liz: My son was recently hired in his dream job, but his employer has classified him as an independent contractor rather than as an employee. This would be his first time drawing pay without all the taxes, benefits, insurance and so on taken out. I’m afraid he’s only seeing the good wage and not […]
Friday’s need-to-know money news
Today’s top story: This winter, your credit should freeze, too. Also in the news: Nerd100 – Celebrating the best-of-the-best personal finance products, the best student loan refinance companies, and finding hospital price lists. This Winter, Your Credit Should Freeze, Too Surviving the credit breaches. Nerd100: Celebrating the Best-of-the-Best Personal Finance Products See who made the […]
Thursday’s need-to-know money news
Today’s top story: The average 401(k) balance by age. Also in the news: Taking the next step with your student loans, 3 money tasks to do right now, and what to do with all the tax documents you’re receiving. The Average 401(k) Balance by Age How do you match up? Take the Next Step With […]
Wednesday’s need-to-know money news
Today’s top story: 3 colleges that help you handle student debt. Also in the news: How one couple purchased a home in Oakland, Marriott/SPG cards are getting a makeover, and how to get reimbursed for old medical expenses with your HSA. 3 Colleges That Help You Handle Student Debt You’re not alone. How I Bought […]
Tuesday’s need-to-know money news
Today’s top story: A beginner’s guide to budget travel. Also in the news: Get up to 75% off Spirit Airlines round-trip flights, 10 tips for family budget travel, and questions to ask before taking a tax refund advance. A Beginner’s Guide to Budget Travel It’s all in the planning. Flight Deal: Get Up to 75% […]