Today’s top story: How to responsibly handle an inheritance. Also in the news: 7 questions to ask before selling a stock, how to create your own pension, and why 35% of college seniors don’t know what their student loan repayments will be. How to Responsibly Handle an Inheritance Don’t run out and buy a sports […]
Recent Blog Posts
Q&A: Start saving early for retirement in case that last day of work sneaks up on you
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 […]
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 […]