Dear Liz: I had an 836 credit score as of last week. I’m a business owner and have been using my company credit card to pay bills on a large project to get 2% cash back. I charged $52,000 of the $70,000 I have available on that one card. (I have about $175,000 available across the […]
Recent Blog Posts
Q&A: What a bear market really means for your 401(k)
Dear Liz: With the stock market tanking and no rebound likely in the near future, should I decrease the amount I am contributing toward my retirement? I earn a high-five-figure salary and currently contribute 25% of my pay to my company’s 401(k). The current balance is $450,000 with about two-thirds held in a 2030 target date […]
This week’s money news
This week’s top story: Smart Money podcast on what the Fed news means for you, and choosing a new bank. In other news: October mortgage rates that will continue to rise, 3 common types o f life insurance fraud and how to stay savvy, and Medicare Part B 2023 premiums dip, bucking inflation trends. Smart Money […]
How to cultivate a happier retirement
Researchers have identified several factors besides money that contribute to a happier retirement, including good health, strong relationships and a sense of purpose. But setbacks are inevitable, in life and in retirement. Not everyone enjoys good health — and no one enjoys it forever. Loved ones die or move away. The pursuits you thought would give […]
Monday’s need-to-know money news
Today’s top story: Smart Money Podcast on beating money procrastination, and when to unfreeze credit. In other news: 5 ways small businesses can offset high gas prices, how to shop on TikTok without overpaying, and the cost difference between using LED and incandescent lightbulbs. Smart Money Podcast: Beating Money Procrastination, and When to Unfreeze Credit […]
Q&A: Can someone who has remarried claim survivor benefits from a deceased former husband?
Dear Liz: Can someone who has remarried claim survivor benefits from a deceased former husband? Answer: Possibly, if the marriage lasted at least 10 years, the divorce occurred at least two years ago and she remarried at age 60 or later. Divorced survivor benefits can be up to 100% of the former husband’s benefit. The amount would […]