Dear Liz: What advice would you give to a Silicon Valley professional who hasn’t done a good job planning for retirement? I’m 53 and maxing out my 401(k), saving $24,000 a year with my employer matching my contributions dollar for dollar up to 6% of salary. In addition, I’m saving $50,000 to $60,000 of my […]
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Q&A: Keeping retirement money in various accounts helps with tax bills
Dear Liz: I am having difficulty determining if I should invest money in my 457 deferred compensation account or in a taxable account, as I am in the 15% tax bracket. Also, does it matter whether I invest in a Roth IRA instead of my traditional IRA? My biggest pot of money is in a […]
Friday’s need-to-know money news
Today’s top story: Three student loan risks parent borrowers should avoid. Also in the news: Why you don’t have to be rich to feel good about your money, how second chance checking reopens doors to banking, and the lazy person’s guide to travel hacking. 3 Student Loan Risks Parent Borrowers Should Avoid Be careful. You […]
Thursday’s need-to-know money news
Today’s top story: Which states have estate and inheritance taxes. Also in the news: Why making money with online games is a bad bet, cities with the most and fewest young homeowners, and a decade after the Great Recession, 1 in 3 Americans still haven’t recovered. Which States Have Estate and Inheritance Taxes? How about […]
Wednesday’s need-to-know money news
Today’s top story: Suing banks will get easier – if CFPB rule survives. Also in the news: 2017 Driving in America report, 7 tips for preparing your taxes in a divorce, and why you need to stop beating yourself up over past money mistakes. Suing Banks Will Get Easier — if CFPB Rule Survives And […]
Tuesday’s need-to-know money news
Today’s top story: How folks took charge of their credit card fears. Also in the news: Getting tax relief from good deeds, five sales to shop on Amazon Prime Day besides Prime Day, and how to tell where your state tax dollars are actually going. How Folks Took Charge of Their Credit Card Fears Taking […]