Dear Liz: I am 64. My grown children, ages 23 and 25, are the beneficiaries of my retirement accounts. I have a Roth IRA, a SIMPLE IRA and a Rollover IRA. When I die, what will be the tax consequences for them? Will they have to pay any tax upon inheriting the accounts, and will […]
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Monday’s need-to-know money news
How to manage student loans while you’re unemployed, saving on legal fees while getting divorced, and how to convince your boss that you really deserve that promotion. Help! I’m Unemployed & Drowning in Student Loan Debt What to do when you’re out of both a job and student loan deferments. Why a Collaborative Divorce Makes […]
Parents, get your kids to college–but don’t give them a free ride
USA Today reported that more families are considering cost when choosing a college: The survey by Discover Student Loans, to be released Thursday, found that nearly half of adults are limiting their child’s college choices based on price. And with rising student loan debt and a job market that continues to greet college grads with […]
Friday’s need-to-know money news
The best way to invest your first $1000, the pros and cons of living on cash, and what’s covered by identity theft insurance. How to Invest Your First $1,000 The road to investment success has to begin somewhere. 4 Tips Before Buying Your Teenager a Car Laying down the rules of the road before they […]
Thursday’s need-to-know money news
Are cash-back rewards worth the expense, cheap ideas to close out your summer vacation, and why health care expenses are crucial when planning your retirement. Government to Switch Student Loan Servicers: What You Need to Know Why you should start paying closer attention to your loan statements. Are Cash-Back Rewards Good Deals for Consumers? Do […]
Wednesday’s need-to-know money news
Ways to monitor your credit at no cost, the college classes that impress potential employers, and how to take advantage of the housing rebound. Can You Really Monitor Your Credit For Free? Keeping an eye on your credit doesn’t have to cost you. To land a job, take these six college courses Employers like to […]