Dear Liz: I’m reaching out on behalf of my father, who does not know how to write emails. He was wondering if he pulls his money out of his IRA, how much will he get charged? Also, how much would he be able to give to his granddaughters without being charged? Answer: Withdrawals from IRAs […]
Recent Blog Posts
Q&A: Making sure your free credit report really is free
Dear Liz: Please tell me again how to get my free credit report each year. Answer: You can get a free annual look at your credit reports from the three major credit bureaus at www.annualcreditreport.com. If you search for “free credit report,” you may wind up at a look-alike site, rather than the federally mandated […]
Q&A: More advice on how to find a reliable cheap car
Dear Liz: I have repaired my own vehicles all my life, and I wanted to add a bit to your response to the person in Chapter 13 bankruptcy who needs another car after paying $1,500 cash each for two junkers. You are correct that a $3,000 car is likely to be more reliable, but I […]
Friday’s need-to-know money news
Today’s top story: Wells Fargo reveals wider abuses. Are you owed money? Also in the news: How to handle credit card bills in an emergency, how much cash do you carry, and a student is accidentally given $1M in financial aid, spends thousands. Wells Fargo Reveals Wider Abuses: Are You Owed Money? The scandal widens. […]
Thursday’s need-to-know money news
Today’s top story: NerdWallet’s best credit card tips for September. Also in the news: The pros and cons of adjustable rate mortgages, how to start working odd jobs at TaskRabbit, and watching out for penalty APRs if you miss a credit card payment. NerdWallet’s Best Credit Card Tips for September 2017 Finding the best offers. […]
Wednesday’s need to know money news
Today’s top story: How insurers are mobilizing to help Hurricane Harvey victims. Also in the news: How to get relief from college costs after Hurricane Harvey, how small businesses can cope post-Harvey, and how to get a tax break for going back to school. How Insurers Are Mobilizing to Help Harvey Victims Covered losses are […]