Today’s top story: Fees to watch out for when buying a home. Also in the news: How to request a tax extension, original ways to spend your tax refund, and what we can learn about finances from Game of Thrones. 6 Fees to Look Out for When Buying a Home As if the home didn’t […]
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Tuesday’s need-to-know money news
Today’s top story: How to spot a credit repair scam. Also in the news: Using the home office tax deduction with a mortgage interest rate deduction, a costly tax trap older Americans need to avoid, and answers to embarrassing money questions. Top 4 Ways to Spot a Credit Repair Scam If it looks too good […]
Monday’s need-to-know money news
Today’s top story: Tips on cutting your tax bill. Also in the news: How to get a retirement match from the IRS, money-management tips for the self-employed, and what you need to consider before making a risky investment. 7 Ways to Cut Your Tax Bill Keep more of your hard-earned money. Get a $1,000 Retirement […]
Q&A: How to help family while on a limited budget
Dear Liz: My son, who is almost 50, is mentally and emotionally challenged. He has been unemployed and homeless for years. Although not a criminal, he’s been in jail a few times because of his explosive, combative nature. There seems to be no help for him in the state where he lives. I do send […]
Q&A: Rolling traditional IRA to a 403(b)
Dear Liz: My husband and I both have employer-sponsored 403(b) retirement plans. We each also have a Roth IRA, and I have a traditional IRA that I started in the 1980s before I started work with my current employer. I do not actively contribute to this traditional IRA as I am contributing the maximum amount […]
Q&A: Social Security solvency
Dear Liz: Can you tell us what the status is of the Social Security system? Will the money that I and my employers have paid into the system be there for me when I need it in 15 or 20 years? Answer: The money you pay into the system provides benefits for current retirees. When […]