Dear Liz: How far back can Social Security go for someone who did not know to apply for spousal benefits? I’m 69, still working and did not know I was eligible for spousal benefits from my retired wife when I turned 66. Social Security is indicating six months of retroactive benefits is the maximum. Answer: […]
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Friday’s need-to-know money news
Today’s top story: What Hillary Clinton’s college affordability plan could mean for you. Also in the news: How to enjoy your summer vacation without going broke, what seniors want you to know about managing money, and how to save for retirement without a full-time job. What Clinton’s College Affordability Plan Could Mean for You Is […]
Thursday’s need-to-know money news
Today’s top story: What you need to know about your W-2. Also in the news: How the “Five-Finger Checkup” can save your financial life, the best method for paying off different kinds of loans, and apps that will help manage your money. 6 Things You Need to Know About Your W-2 Deciphering what it means. […]
Wednesday’s need-to-know money news
Today’s top story: Critical steps to prepare your finances for divorce. Also in the news: Tips on taking over the family business, getting your credit back on track after moving back to the United States, and how to tell if your 401(k) is helping or hurting your retirement savings. 6 Critical Steps to Prepare Your […]
Tuesday’s need-to-know money news
Today’s top story: Why your irrevocable trust isn’t protecting your assets. Also in the news: Moving recurring credit card payments, the worst financial mistakes new parents can make, and how to prepare for your financial future. Your Revocable Trust Is Not Protecting Your Assets Better asset-protection strategies. Moving Recurring Payments on Credit Cards Is the […]
Q&A: How to get out from under high brokerage fees
Dear Liz: I have two accounts at a full-service brokerage. One is an inherited IRA and the other is a Roth IRA that I opened. Both have a mix of stocks and mutual funds that I chose. My accounts have done well, but I am not happy with the commissions that my brokerage charges when […]