Today’s top story: Why you should have a credit card even if you don’t carry a balance. Also in the news: Credit card debt is down in early 2017, how to take advantage of cooling car sales this summer, and how to avoid being a victim at the car repair garage. Why Have a Credit […]
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Wednesday’s need-to-know money news
Today’s top story: How to read the fine print on credit card offers. Also in the news: Mistakes to avoid if you want your student loans forgiven, how to switch brokers and move your investments, and three retirement savings strategiess to use if you plan to retire early. How to Read the Fine Print of […]
Friday’s need-to-know money news
Today’s top story: What to know before sharing credit accounts with a parent. Also in the news: Required minimum distributions, tax-smart ways to withdraw from a 529 college plan, and high bank overdraft fees prompt a call for plain-English disclosure forms. What to Know Before Sharing Credit Accounts With a Parent A generous idea that […]
Q&A: Capital gains
Dear Liz: If and when we sell our house, the capital gain is likely to exceed the $500,000 exemption limit. I am carrying over a loss of about $100,000 from stock sales. Can I use this loss to offset the capital gain from the house? Answer: Yes. Capital losses can be used to offset capital […]
Q&A: To help elderly dad hold off mooching adult kids, call in the experts
Dear Liz: My dad, age 90, needs personal care and I am trying to get him to move out of his house to a senior residential place. He is in agreement, but it is taking a long time to make this happen. He owns his home free and clear and, along with the sale of […]
Friday’s need-to-know money news
Today’s top story: How students can avoid common bank and credit card fees. Also in the news: What to do if you can’t get a student credit card, how to lessen the financial pains of moving, and how to photograph your house for Airbnb. How Students Can Avoid Common Bank and Credit Card Fees Don’t […]