Today’s top story: Turning this year’s tax refund into next year’s savings. Also in the news: Growing your 401(k) at any age, four financial potholes you should swerve around, and what cyberscams you need to worry about in 2014. How to Turn This Year’s Tax Refund Into Bigger Tax Savings Next Year Making your tax […]
Recent Blog Posts
Monday’s need-to-know money news
Today’s top story: Seven things that won’t hurt your credit score. Also in the news: Discovering unclaimed property, seven ways to spring clean your finances, and how to get the best deal on buying a house. Seven Things That Won’t Hurt Your Credit Score Some of these may surprise you. 10 States Sitting on Billions […]
When inheritances don’t come
Dear Liz: I read with interest the question you received from the widower who thought he should inherit from his father-in-law, despite the death of his wife. Your answer was great, but it got me thinking about the mind-set that makes someone even think to ask the question. It’s obvious that the asker and his […]
Employee secretly reclassified as contractor
Dear Liz: I just received my tax forms from my employer for last year. I was originally a W-2 employee, paid hourly, as a receptionist. But it seems that at some point during the year, my employer changed me to a 1099 employee without telling me or having me fill out paperwork. After researching the […]
Do you feel richer yet?
We’re richer than we were before the recession, according to a new report by the Federal Reserve. The net worth of U.S. households and nonprofit organizations is now a record $80.7 trillion, 14% higher than last year. The previous peak in 2007 was $76.59 trillion in today’s dollars. If you don’t feel wealthier, though, you’re […]
Friday’s need-to-know money news
Today’s top story: How to choose between increasing your savings or paying down debt. Also in the news: What financial risks Boomers need to consider, how to file your taxes for free, and what recourse you have if a credit report error has hurt your score. Should You Increase Savings First Or Pay Down Debt? […]