Dear Liz: I write in earnest hope that you might consider giving advice to those wondering about withholding federal taxes as a form of protest over the enactment of the new tax bill. What are the possible legal ramifications of withholding federal taxes? If one is willing to accept the possible consequences, how might one […]
Recent Blog Posts
Thursday’s need-to-know news
Today’s top story: 6 for-keeps New Year’s Resolutions for New Homeowners. Also in the news: Saving money by exercising outdoors this winter, learning the basics of the GOP Tax Plan, and the pros and cons of prepaying your 2018 property taxes in 2017. 6 For-Keeps New Year’s Resolutions for New Homeowners Survival tips to keep […]
Wednesday’s need-to-know money news
Today’s top story: Making your investing resolutions a reality in 2018. Also in the news: Free activities to get your family out of the house, learn the truth about overdraft fees, and 3-month Equifax fraud alerts are expiring. Make Your Investing Resolutions Reality in 2018 A whole new outlook for a new year. Get Your […]
Tuesday’s need-to-know money news
Today’s top story: Why you should hit the stores on the day after Christmas. Also in the news: Online colleges, tips to help you choose the right credit card, and how much you actually save when you write something off on your taxes. Why You Should Hit the Store on the Day After Christmas Putting […]
Q&A: Freezing Your Social Security Number
Dear Liz: Recently you answered a question about whether Social Security files could be “frozen” to help prevent fraudulent activity, and your response was no. I had just researched that question after the Equifax breach, and found out the Social Security Administration does have a way to block electronic access to your records now, so […]
Q&A: How to balance using retirement savings wisely with enjoying what you’ve earned
Dear Liz: I am 82, and my husband is 85. We are retired military, so we have a middling pension and some Social Security. Our monthly income of about $5,000 covers our monthly expenses. We rent in an independent living senior community. We have excellent health benefits via Tricare for Life. We both worked hard […]