Today’s top story: The pros and cons of paying your taxes with a credit card. Also in the news: Discharging private student loans, financial rules for 40 year-olds, and what FICO’s new credit score means for you. Should You Pay Your Taxes With a Credit Card? The pros and cons. Can You Discharge Private Student […]
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Monday’s need-to-know money news
Today’s top story: How to make saving for retirement less miserable. Also in the news: The best type of financial plan, refinancing your student loans, and four ways to cut the cost of life insurance. How to Take the Misery Out of Saving for Retirement It doesn’t have to be painful. The Best Financial Plan […]
Q&A: Social Security and Divorce
Dear Liz: Can my 63-year-old ex-husband, who was a slacker who never worked, collect on my Social Security? I am 59 and happily remarried. He hasn’t remarried. We were married for 25 years before I left him. Answer: Since you were married for more than 10 years, your former husband can apply for spousal benefits […]
Q&A: Credit card interest rates
Dear Liz: I have had a certain credit card for over five years. I just received a letter stating that my interest rate was going to be raised from 10.24% to 12.24%. My FICO score is 819 and I have never had late payments on any of my cards. I called the issuer to complain […]
Q&A: Early withdrawal penalties on CDs
Dear Liz: You told a reader to be suspicious of a bank’s offer to waive early withdrawal penalties on a certificate of deposit. But several credit unions allow early withdrawals from five-year CDs after the account holder turns 59 1/2. These credit unions will even allow you to get higher-interest CDs at other credit unions […]
Friday’s need-to-know money news
Today’s top story: How to protect your Social Security number from identity thieves. Also in the news: How to conquer your student debt, the benefits of the Earned Income Tax Credit, and tax tips from the experts. 3 Ways to Protect Your Social Security Number From ID Theft Think of your Social Security number as […]