Today’s top story: How to prepare financially for your death regardless of your age. Also in the news: The best industries for starting a business in 2017, how insurance companies use your driving record as a crystal ball, and 5 practical steps for creating a retirement backup plan. How to Prepare Financially for Your Death […]
Recent Blog Posts
Retirement advice from retired financial experts
Most retirement advice has a flaw: It’s being given by people who haven’t yet retired. So I asked money experts who have quit the 9-to-5 for their best advice on how to prepare for retirement. In my latest for the Associated Press, what the experts say you can do to prepare yourself both financially and […]
Q&A: When a new spouse brings surprise debt to the marriage
Dear Liz: I’m 58 and got married for the first time almost two years ago. I discovered my wife has several incredibly large outstanding student loans, including a parent Plus loan for her son’s education that she thought was in deferment and that has nearly doubled to well over $100,000. In addition, my wife has […]
Q&A: Federal estate tax exemption
Dear Liz: You mentioned that the federal estate tax exemption limit this year is $5.49 million per person. Can I double that if married? Answer: Essentially, yes. Married couples can double the amount that can be given or bequeathed to heirs tax free. If one spouse doesn’t use up his or her exemption, the surviving […]
Friday’s need-to-know money news
Today’s top story: Why you should front-load your IRA in January. Also in the news: Rideshare insurance for drivers, why January is the best time to buy a home, and how fifteen minutes a day can get your finances in order. Front-Load Your IRA in January for a Bigger Payoff It’s all about compound interest. […]
Thursday’s need-to-know money news
Today’s top story: Debt collectors continue to defy requests to stop calling. Also in the news: How to map out a year’s worth of shopping, how stuck-in-the-middle parents can afford college, and why your free credit score might not be what you think it is. 3 in 4 Say Debt Collectors Defy Requests to Stop […]