Holiday overindulgence can lead to throbbing heads, expanded waistlines — and piles of credit card bills. In my latest for MoneyWatch, some suggestions for getting back on track if you overdid it on the holiday spending. In my latest for Time, a look at what Baby Boomers should do with their finances as they approach […]
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Wednesday’s need-to-know money news
Today’s top story: Last-minute tax moves to make on December 31st. Also in the news: How to tell if your financial advisor is giving you good advice, why you should consider freezing your credit reports, and the top 6 financial resolutions for the new year. 4 Last-Minute Tax Moves You Can Make on Dec. 31 […]
Tuesday’s need-to-know money news
Today’s top story: Money tasks to tackle during your winter break. Also in the news: How to save thousands on a divorce, getting in the savings habit, and why your new tech toy could be a security threat. 3 Money Tasks to Tackle on Your Winter Break Assessing the holiday damage. Getting Divorced? 5 Ways […]
Monday’s need-to-know money news
Today’s top story: How to jump-start your 2016 debt repayment plan. Also in the news: Money resolutions for 2016, how banks fail to stop elder abuse, and how three folders can make your tax preparation easier. 3 Ways to Jump-Start Your Debt Repayment Plan in 2016 No time to waste. 7 Money Resolutions To Make […]
Q&A: IRA maintenance fees
Dear Liz: My son has an IRA at his credit union. He puts in small amounts when he can. Recently they lowered the interest rate and started charging a $25 yearly maintenance fee, which now is taking all the interest back. Is this legal? Answer: Yes. It’s also a good reason to move the account […]
Q&A: College savings strategy
Dear Liz: I will be 66 in May 2016. My wife is 68 and retired. She began receiving Social Security when she turned 66. I am still working, making a high six-figure income, and will continue to do so until I reach 70, when my Social Security benefit reaches its maximum. I plan to use […]