Dear Liz: I fell behind on making my quarterly estimated tax payments for a long list of reasons, and when I file my return, the IRS will find out. I have heard they can seize your IRAs, which I have but do not want to cash out to pay. I found a service on the […]
Recent Blog Posts
Q&A: Free credit report
Dear Liz: I was trying to get my free credit report as you suggested in a recent column. I was asked to pay $1, which made me very uneasy. Why do they do this? Answer: The fact that you were asked to pay for your free credit report — even a nominal amount such as […]
Q&A: Homeowners association fees
Dear Liz: I am a single woman 10 to 15 years away from retirement. My town home will be paid off next month. Does it make better financial sense to sell my town home to avoid significant monthly homeowners association fees and invest in a single-family home? Answer: It depends. Many single-family homes, particularly in […]
Friday’s need-to-know money news
Today’s top story: How to invest your 401(k). Also in the news: What you will really spend in retirement, how you’re unintentionally hurting your kids financially, and what to do if your home is damaged while in escrow. How to Invest Your 401(k) Choosing the right investments. How Much Will You Really Spend In Retirement? […]
Millennial parents more likely to save for kids’ college
Millennial parents are far more likely than their predecessors to save for their children’s educations and far more of them want to pay the whole tab for college, according to a survey. Whether they will be able to do so is questionable, though, given the relatively small amounts most have saved so far. Seventy-four percent […]
Thursday’s need-to-know money news
Today’s top story: How to avoid an identity theft double whammy. Also in the news: How much you need to save for retirement, signs you need help managing your money, and how to tell that your financial plan is working. How to Keep Scammers From Pulling an ID Theft Double Whammy Look out for phony […]