Today’s top story: 6 ways the tax plan could change homeownership. Also in the news: Bad loans lurking under Christmas wrap, checking your state’s unclaimed property list, and robocalls soar to a new record. 6 Ways the Tax Plan Could Change Homeownership Important things to know. Bad Loans Lurk Under ‘Christmas’ Wrap A payday loan […]
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Monday’s need-to-know money news
Today’s top story: How that new store card could torpedo your credit score. Also in the news: Insuring expensive gifts, the right mortgage to ask, and how to quickly figure out how much spending money you’ll have for the year. That New Store Card Could Torpedo Your Credit Score That immediate discount could cost you […]
Q&A: Retirement can bring some complex tax questions
Dear Liz: I was in the twilight of my career when the Roth became available, and I contributed the maximum for those few years before retirement. After retirement, I dropped to the 15% tax bracket, so I did Roth conversions of my regular IRA to fill out that tax bracket until I was age 70½. […]
Q&A: Roth IRA offers key tax feature
Dear Liz: In an article that ran in my local newspaper, you stated that, “Roths allow you to withdraw the amount you’ve contributed at any time without triggering income taxes or penalties.” I suggest that you review Pub. 590-B, where you will be reminded that, with some exceptions, withdrawals from a Roth IRA within the […]
Friday’s need-to-know money news
Today’s top story: 6 ways the tax plan could change homeownership. Also in the news: What the Fed rate hike means for student loans, what it means for your CDs, and how Donald Trump is shrinking your paycheck. 6 Ways Tax Plan Could Change Homeownership Analyzing the impact. Fed Rate Hike: What It Means for […]
Thursday’s need-to-know money news
Today’s top story: What to do about the Fed rate hike. Also in the news: How to deal with credit card fraud, driverless cars, and how your credit card debt is costing you nearly $1000 a year. Fed Rate Hike: Here’s What to Do Don’t panic. First Time Dealing With Credit Card Fraud? You Got […]