In June, I wrote a column predicting that Congress eventually would do away with “file and suspend” and other Social Security claiming strategies that the Obama Administration had labeled as “aggressive.” I thought it would take years for lawmakers to act. But the end was closer than many of us thought. The budget deal quickly […]
Recent Blog Posts
A game plan for grads struggling with new loan payments
An improved economy and lower unemployment should reduce the number of recent college graduates who default on the federal student loans they are supposed to start repaying when their six-month grace periods expire – as soon as November for May graduates. Inevitably, though, some will fall behind even though there is no good reason to […]
Wednesday’s need-to-know money news
Today’s top story: Money milestones to hit while you’re in your 40s. Also in the news: Post-divorce tax deductions, tricks to boost your credit score, and signs you aren’t ready to combine finances with your partner. Five money milestones to hit while you’re in your 40s Prepping the road to retirement. The Tax Deductions You […]
Tuesday’s need-to-know money news
Today’s top story: How to stop being afraid of credit cards. Also in the news: Personal finance lessons we wish we learned in school, protecting seniors from financial scams, and how to avoid money mistakes after losing a spouse. Scared of Credit Cards? This Tool Could Help You Make the Leap There’s nothing to be […]
Q&A: Missing 401(k) plan
Dear Liz: I have two 401(k) plans that have vanished into the night. They are both more than 20 years old and the companies I worked for have been bought, sold, merged, spun off, and nobody knows anything anymore. Between them, the accounts are worth six figures. Do you know of any way I can […]
Q&A: Lost tax return
Dear Liz: My CPA sent my completed tax return to my home address via first-class mail with no tracking number. The large envelope should have arrived in two days. Over a week has passed and it’s nowhere in sight. I am freaking out as it has all my financial data and is a gateway to […]