Today’s top story: Why brand loyalty makes some blind to retail cards’ flaws. Also in the news: The good, the bad and the budget of destination weddings, how to save on central air, and what to know about your insurance when you’re on vacation. Why Brand Loyalty Makes Some Blind to Retail Cards’ Flaws Your […]
Recent Blog Posts
Tuesday’s need-to-know money news
Today’s top story: How 1% savings hikes can spice up retired life by $1 million. Also in the news: 7 ways to save at Disneyland, why you shouldn’t let a down payment scare you from buying a home, and how Millennial men and women invest differently. 1% Savings Hikes Can Spice Up Retired Life by […]
Beware of hidden taxes in retirement
Your taxes in retirement may be a lot more complicated than taxes while you’re working. Social Security checks may or may not be taxed, depending on your income. You’ll pay federal income taxes on most retirement plan withdrawals, but additional state taxes depend on where you live. Tax rates on investments can vary as well. […]
Monday’s need-to-know money news
Today’s top story: Nondeductible IRA – for when you’re too rich for a regular one. Also in the news: How to get more bang for your beauty buck, how to know if your pet will dig a subscription box, and the 2018 FAFSA deadline is approaching. Nondeductible IRA: For When You’re Too Rich for a […]
Q&A: What to do when a financial advisor doesn’t act in your best interests
Dear Liz: I hired a fee-only financial advisor a year ago. The advisor’s firm also included a CPA who prepared my 2017 tax return. My tax liability was 100% more than what I paid via my W-2 withholding because the advisor traded constantly, incurring short-term capital gains. He authorized 45 trades in a three-month period. […]
Q&A: How to find credit scores
Dear Liz: How do you go about checking your credit scores? I’m a recent widow and have no idea how to do these things. Answer: Checking your credit scores can help you monitor your credit and give you a general idea of how lenders view your creditworthiness. Many banks and credit cards offer free scores […]