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 […]
Recent Blog Posts
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 […]
Friday’s need-to-know money news
Today’s top story: Why the Fed’s rate changes won’t immediately impact your loans. Also in the news:Why all credit checks aren’t created equal, how to avoid an IRS audit, and the four pillars of building wealth. Why Fed Moves Won’t Hugely Affect Your Loans Anytime Soon A slow creep instead of a dramatic jump. Do […]
Thursday’s need-to-know money news
Today’s top story: A dangerous new type of identity theft is on the rise. Also in the news: Tax breaks overlooked by small business owners, how CD loans could cover short-term needs, and the first thing to do when you get a new credit card. The Surprising Kind of Identity Theft You Probably Haven’t Heard […]
Wednesday’s need-to-know money news
Today’s top story: Little known ways to get your student loans forgiven. Also in the news: What to do when you can’t pay your taxes on time, tools that can help you build wealth for the future, and great ideas for you tax refund. 5 Little-Known Ways to Get Your Student Loans Forgiven Do you […]