Dear Liz: My mother left her house to my brother and me. He wants to use it as a rental property. I have no interest in being a landlord or in ownership. He doesn’t want to buy me out, so I’d like to sell my half interest. What are the tax issues I need to […]
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Q&A: Pension annuity beats lump sum
Dear Liz: I am 63, recently retired and have a choice. I can take a lump sum from my pension at age 65 or a monthly annuity. I am strongly leaning toward the lump sum. I know the pitfalls (I won’t be an aggressive investor, I don’t gamble, I won’t loan to family or friends, […]
Friday’s need-to-know money news
Today’s top story: Experian flaw just revealed PINs protecting credit data. Also in the news: When little student debt becomes a lot of trouble, how to put your money where your politics are, and what’s in the tax bill that just passed the House. Experian Flaw Just Revealed PINs Protecting Credit Data A serious security […]
Thursday’s need-to-know money news
Today’s top story: How not to inherit Mom’s timeshare. Also in the news: Why bundling insurance doesn’t automatically mean savings, why your financial advisor has a financial advisor, and 12 documents to prepare now for your heirs. How Not to Inherit Mom’s Timeshare Limiting liability. Will You Save Money Bundling Insurance? Not Always When bundling […]
Wednesday’s need-to-know money news
Today’s top story: Travel survival secrets for introverts. Also in the news: How to live with your credit card’s low limit, the pros and cons of a rent-to-own home, and how to protect yourself after Facebook’s recent hack. Shh! Introverts Share Travel Survival Secrets Self-care in a noisy world. How to Live With Your First […]
Tuesday’s need-to-know money news
Today’s top story: A look at the past three months of housing trends. Also in the news: A new app to help apply for financial aid, how to avoid magical thinking when it comes to retirement planning, and what to know about freezing and unfreezing your credit. 3 Months, 3 Housing Trends: Rates Rise, Prices […]