This week’s top story: Home insurance companies may use aerial images to drop policies. In other news: how participating in campus protests could affect your financial aid, the worsening prescription drug shortage and how to cope with it, and balancing homebuying and summer travel. Home Insurance Companies May Use Aerial Images to Drop Policies Insurance companies […]
Recent Blog Posts
Q&A: Need help with your IRA? Call a CPA, or maybe a PFS
Dear Liz: My husband and I have substantial pre-tax savings in our workplace retirement plans and IRAs. Based on where those balances would be in retirement, we would definitely be paying more in taxes than now, and face the potential of running out of money if forced to withdraw it all. You often refer people to […]
Q&A: Safeguarding your personal data is hard. Here are a few tips.
Dear Liz: I was recently alerted that my Social Security number has been found on the dark web. My information was part of the AT&T breach that took place recently. I am no longer an AT&T customer and haven’t been for several years, but they have not made any contact with me. What do I do […]
This week’s money news
This week’s top story: 7 surprising facts about credit cards. In other news: Weekly mortgage rates rise again, look to last-minute scholarships when you can’t control FAFSA delays, and best cities for freelancers and self-employed workers 2024. 7 Surprising Facts About Credit Cards Card issuers have a lot of leeway in terms of when and how […]
Q&A: Is my wife’s pension at risk?
Dear Liz: My wife worked in the private sector for 30 years and paid into Social Security before starting her current job in the public sector. She will get a small pension from this job when she decides to retire. It’s our understanding that the windfall elimination provision won’t apply to her since she contributed to […]
Q&A: A sticky inheritance scenario
Dear Liz: I have an adult daughter by a previous marriage who has no savings or retirement funds. I want to change my living trust to ensure that my daughter only receives a monthly amount similar to my required minimum distribution from my IRA, plus half of our paid-off house after my wife and I pass […]