Today’s top story: 5 pieces of popular tax advice that are actually baloney. Also in the news: VW aims to plug into nostalgia with the electric bus, Social Security is underpaying thousands of widows and widowers, and 33% of Americans don’t have more savings than credit card debt. 5 Pieces of Popular Tax Advice That […]
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Wednesday’s need-to-know money news
Today’s top story: How debt settlement can make a bad money situation worse. Also in the news: Using an IRA as a legal, last-minute way to lower your taxes, 4 reasons why it’s smart to buy a used cell phone, and how to budget as a freelancer. Debt Settlement Can Make a Bad Money Situation […]
Tuesday’s need-to-know money news
Today’s top story: 5 items that make any hotel room feel like home. Also in the news: 3 “tax-friendly” states that are anything but, the best thing you’ve done to get your finances in order, and 5 gas mileage myths that are wasting your money. 5 Items That Make Any Hotel Room Feel Like Home […]
Q&A: An inexpensive lawyer in the suburbs is fine for smaller estates
Dear Liz: My wife and I have updated our will and trust every 10 years. So far we’ve been sorely disappointed. The local bar association recommended some attorneys, but they were relatively young, inexperienced, unable to answer a lot of our most basic questions, and produced documents that I could have created on my home […]
Q&A: When rolling your 401(k) into an IRA isn’t a good idea
Dear Liz: I have just retired. I have a 401(k) from work. Do I keep it as is or do I roll it over into an IRA? Answer: Investment companies and their representatives like to push the idea of rollovers as the best option, but that may profit them more than it does you. Leaving […]
Friday’s need-to-know money news
Today’s top story: 12 African-American financial gurus to follow in 2018. Also in the news: 3 ways to screw up your investment portfolio, the fee for U.S. Passports is increasing, and watching out for fake car deals this Presidents’ Day Weekend. 12 African-American Financial Gurus to Follow in 2018 Learning from the pros. 3 Ways […]