You know to contribute enough to your 401(k) to get the full company match. Maybe you’ve even adjusted your withholding so you’re not giving Uncle Sam an interest-free loan. Yet you may feel the need to do even more, especially if you’re making the last big push toward retirement. These hacks allow you to shelter […]
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Monday’s need-to-know money news
Today’s top story: NerdWallet’s best credit card tips for April 2017. Also in the news: How one man dug out from $30K in debt, seniors are facing rising credit card debt, and should colleges require a financial literacy class? NerdWallet’s Best Credit Card Tips for April 2017 The best cards for spring. How One Man […]
Q&A: Credits can boost a refund beyond the taxes paid — and keep millions out of poverty
Dear Liz: A friend of mine received a 2016 tax refund of over $9,000 even though this person did not pay nearly that amount in taxes over the course of the year. My friend has a fairly low-paying job with no benefits, is a single parent of two young children and receives no support from […]
Q&A: Investment advisor’s fees
Dear Liz: Two years ago I rolled my 401(k) into an IRA at the suggestion of an advisor after I lost my job. The rollover was $383,000, and a secondary amount of $63,000 was transferred from my after-tax savings to a second account. All the fees for the advisor are taken from my small account […]
Friday’s need-to-know money news
Today’s top story: Dodge these 5 tax mistakes. Also in the news: How to pay for expensive transgender surgeries, how to lower your energy bill, and the rare instances when student loans can be forgiven. Dodge These 5 Tax Mistakes Common mistakes to avoid. How to Pay for Expensive Transgender Surgeries Exploring the options. How […]
Thursday’s need-to-know money news
Today’s top story: Don’t skip life insurance because of cost when having a baby. Also in the news: Wells Fargo could owe you money, crooks are targeting ATMs, and what you need to know about special needs financial planning. Having a Baby? Don’t Skip Life Insurance Because of Cost The sooner the better. $110 Million […]