Today’s top story: What immigrants earn in each state and how much they send abroad. Also in the news: Steps to reach your savings goal, why you should tread carefully in the broker wars, and why your financial planner should be a fiduciary. What Immigrants Earn in Each State and How Much They Send Abroad […]
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Monday’s need-to-know money news
Today’s top story: Finding which tax credits you qualify for. Also in the news: New rules could mean lower life insurance rates, why you shouldn’t fear your mobile wallet, and all the credit card companies that offer free access to your credit score. What Tax Credits Can I Qualify For? Saving the most money possible. […]
Q&A: Fees can do serious damage to your retirement
Dear Liz: When I changed jobs, I rolled my 401(k) account into an IRA and took it to a financial planner. He invested it initially and now has a management company watching it. So now I am paying quarterly fees to him, the management company and the IRA custodian. The fees average about $2,000 a […]
Q&A: How to avoid triggering gift taxes
Dear Liz: Is it possible to make student loan payments directly toward our son’s lender without them being considered a gift and thereby subject to the gift tax after a certain amount? Answer: No. But gift taxes aren’t an issue for the vast majority of Americans. You and your spouse would have to give away […]
Friday’s need-to-know money news
Today’s top story: How to lower your internet bills without cutting the cord. Also in the news: How to write a business plan, when it’s okay to splurge, and how to save money on groceries by keeping a food waste list. 7 Ways to Lower Your Internet Bill Without having to cut the cord. How […]
Thursday’s need-to-know money news
Today’s top story: The Marriage Penalty could be the reason for the increase in your tax bill. Also in the news: Why credit card over-limit fees are virtually extinct, when you’re mad enough to switch banks, and a beginner’s guide to money management. Tax Bill Going Up? It Could Be the Marriage Penalty Congratulations! Why […]