Today’s top story: Long-term care and wealth planning for aging parents. Also in the news: How Donald Trump’s new economic plan could affect you, student discounts on everything needed for college, and the cost of volunteering for a political campaign. Long-Term Care and Wealth Planning for Aging Parents Protecting their assets. How Donald Trump’s New […]
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Monday’s need-to-know money news
Today’s top story: How not to pick a bank. Also in the news: bank accounts that foster independence for disabled people, how to pick the right college to avoid student debt, and newly updated government rules to help homeowners facing foreclosure. How Not to Pick a Bank Forget about the free toaster. ABLE Accounts Help […]
A Hail Mary Retirement Plan for Those With Nothing Saved
You’re rounding the corner toward retirement age with not nearly enough set aside. We tell young people to start saving for retirement from their first job and not to quit, because even small sums can grow staggeringly large with enough decades of compound returns. But maybe you bumped along from paycheck to paycheck, never saving […]
Q&A: How to improve your credit scores
Dear Liz: I don’t have a credit score. I have one item on my credit report that’s a court judgment. What can I do to get a score? If I pay the balance due for the judgment, would it be removed? Answer: Paying a judgment doesn’t remove it from your credit reports, but it does […]
Q&A: Amending a living trust
Dear Liz: My husband and I had a lawyer draw up a revocable living trust and a pour-over will six years ago. We need to amend a couple of areas, and I found it could be done with a form from a self-help legal site. Also, we need to add our home into the trust. […]
Q&A: How to retrieve old W-2 forms
Dear Liz: I have several years missing from my Social Security earnings history, dating back to 1999. I have been filing income taxes jointly with my wife but we only kept our files for five years. How do I go about retrieving past income documents like my W-2s? I contacted Social Security and the IRS […]