Ask Kim

May 17, 2013

6 Ways to Cut Retiree Health-Care Costs

Medicare leaves plenty of gaps for you to pay, but these strategies will help you reduce the tab.

See More On: Health Care & Insurance

May 14, 2013

When to Start Retirement Plan Catch-Up Contributions

You can can increase the amount you contribute anytime during the year you turn 50.

See More On: Saving for Retirement

May 10, 2013

Buying Long-Term-Care Insurance With Tax-Free Money

You can use health savings account funds to pay for long-term-care premiums, but the annual amount depends on your age.

See More On: Long-Term Care Insurance

May 8, 2013

How to Set Up a Scholarship Fund

You can start a scholarship through a college or a community foundation.

See More On: Paying for College | Paying for College

May 3, 2013

Prepare Your Home for Storm Season

Take steps to protect your property and finances from hurricanes.

See More On: Home Insurance | Home Insurance

April 30, 2013

Who Can Transfer IRA Funds to Charity?

Congress has limited this costly tax break to those over age 70½.

See More On: IRAs | IRAs

April 26, 2013

How to Get Accurate Car Insurance Quotes

When you’re comparing quotes online, provide as much information as possible to get more-accurate estimates.

See More On: Auto Insurance | Auto Insurance

April 22, 2013

Smart Strategies for Health Savings Accounts

With no deadline to use your HSA money, think of your account as a retirement fund for medical expenses.

See More On: Health Care & Insurance | Health Care & Insurance

April 19, 2013

Give the Gift of a Roth IRA

You can fund a Roth IRA account anytime during the year as long as the recipient earns at least as much as your contribution by year-end.

See More On: Roth IRAs | Roth IRAs

April 15, 2013

How to Amend a Tax Return

You have up to three years after the due date of your return to file an amended return.

See More On: Tax Prep & Filing | Tax Prep & Filing

April 12, 2013

New Rules for Converting to a Roth 401(k)

More plans now allow rollovers while you’re still on the job, but make sure you have enough money outside the account to pay taxes.

See More On: 401(k)s | 401(k)s

April 10, 2013

Undoing a Roth IRA

If you discover that you earned too much to qualify for a Roth, you can switch to a traditional IRA.

See More On: Roth IRAs | Roth IRAs

April 8, 2013

How to Calculate Your Modified AGI

There's an extra step when it comes to determining eligibility for a Roth IRA.

See More On: Roth IRAs | Roth IRAs | Tax Planning

April 5, 2013

Custodial Accounts vs. 529 Plans

Which type of account would be best to save for a child's college fund?

See More On: 529 Plans | 529 Plans | Family Finances

April 2, 2013

Buying Long-Term-Care Coverage for a Parent

It's a smart move. But do it while your parents are still relatively healthy.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

March 29, 2013

Rules for IRA to HSA Rollovers

You can make a tax-free rollover from your IRA to a health savings account only once in your lifetime.

See More On: Health Care & Insurance | Health Care & Insurance | IRAs

March 26, 2013

Financial Files You Can Toss

Tax time is a perfect opportunity to get rid of paper cluttering up your home or office.

See More On: Tax Prep & Filing | Tax Prep & Filing

March 22, 2013

Take a Tax Break for Summer Camp

The cost of day camp for a kid under 13 qualifies for the child-care credit.

See More On: Tax Breaks | Tax Breaks

March 19, 2013

Credit Unions Have Deposit Insurance, Too

Accounts are covered up to the same limits as deposits at banks.

See More On: Banking | Banking

March 15, 2013

How Past Claims on Your Home Can Affect Your Insurance Rate

You might have to pay higher premiums if claims were made on your home before you bought it.

See More On: Home Insurance | Home Insurance

March 12, 2013

Don’t Miss the IRA Required Distribution Deadline

If you turned 70½ last year, you have until April 1 to take your first required minimum distribution.

See More On: IRAs | IRAs

March 8, 2013

Take Advantage of the Retirement Savers' Tax Credit

Find out whether you qualify for this break and reduce your tax bill.

See More On: Tax Breaks | Tax Breaks

March 6, 2013

The Tax Benefits of Using Savings Bonds to Pay for College

You might be able to avoid paying taxes on the interest of some bonds if the money is used for qualified expenses.

See More On: Tax Planning | Tax Planning

January 5, 2013

Cost Basis for Inherited Stock

Here's how to figure the value of your shares.

See More On: Tax Planning | Estate Planning | Tax Breaks

March 5, 2013

Short-Term Bond Funds Are Safe

But most of these funds don't pay much more than 1%.

See More On: Mutual Funds | Making Your Money Last | Mutual Funds

February 28, 2013

Last-Minute Ideas to Beat the Flexible Spending Account Deadline

If your employer gives you until March 15 to use last year’s funds, don’t leave money on the table.

See More On: Tax Planning | Tax Planning

February 26, 2013

Preparing Your Finances for Deployment

If you’re deployed to a combat zone, the military offers financial incentives and protections.

See More On: Financial Planning | Financial Planning

February 22, 2013

Don’t Forget the Tax Bill on a Roth Conversion

If you delayed paying taxes on a 2010 conversion, you need to pay the remaining bill with your 2012 return.

See More On: IRAs | IRAs

February 19, 2013

Tax Filing Status for Newlyweds

The key is whether you were married or single on New Year’s Eve.

See More On: Tax Prep & Filing | Tax Prep & Filing

February 15, 2013

Contributing to a Health Savings Account

There’s still time to make 2012 contributions to these versatile accounts.

See More On: Health Care & Insurance | Health Care & Insurance

February 13, 2013

Car Insurance Rates: Location, Location, Location

Your premiums could be a lot higher -- or a lot lower -- in a different zip code.

See More On: Auto Insurance | Auto Insurance

February 7, 2013

What to Do When Long-Term-Care Insurance Premiums Rise

Most insurers let you reduce coverage to avoid a rate hike.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

February 5, 2013

IRAs for the Unemployed

If you or your spouse has earned income for the year, you can fund an IRA.

See More On: Saving for Retirement | Saving for Retirement

February 5, 2013

How to Find Home Insurance After You’ve Been Dropped

Strengthen your case by showing insurers that you’ve fixed the problem, such as providing evidence that you’ve replaced old pipes.

See More On: Home Insurance | Home Insurance | Home Remodeling & Maintenance

February 5, 2013

Underwater on a Reverse Mortgage?

You probably won't owe more than the value of the house when the loan is due.

See More On: Mortgages & Refinancing | Mortgages & Refinancing

February 1, 2013

American Opportunity Credit Is Still Available

Congress extended this tax break, which helps offset college costs, through 2017.

See More On: Tax Breaks | Tax Breaks

January 29, 2013

Another Chance to Write Off Energy-Efficient Home Improvements

Congress revived the $500 tax credit for both 2012 and 2013.

See More On: Tax Breaks | Tax Breaks

January 18, 2013

Time to Switch to Electronic Social Security Payments

Beneficiaries will no longer receive paper checks after March 1.

See More On: Making Your Money Last | Making Your Money Last

January 14, 2013

Tax Benefits for Using Public Transportation

You can set aside more of your pay before taxes now to pay for mass transit.

See More On: Tax Breaks | Tax Breaks

January 8, 2013

Tax-Free Transfers From IRAs to Charity Still Allowed

Congress extended the law giving seniors the ability to transfer money from their IRAs to charitable organizations without paying taxes on the distribution, but there are some special rules.

See More On: Tax Planning | Tax Planning

January 2, 2013

How Unpaid Debts Affect Credit Scores

Having a bill in collection won't necessarily hurt your score.

See More On: Family Finances | Family Finances

December 31, 2012

The Best of Ask Kim 2012

Kimberly Lankford shares her most popular advice of the year.

See More On: Home Insurance | College Rankings | Health Care & Insurance

December 26, 2012

Rolling a 401(k) Over to a Roth

You'll owe taxes on the amount you convert, so consider this strategy to lower your tax bill.

See More On: Saving for Retirement | Saving for Retirement | Tax Planning

December 21, 2012

How to Protect Your Home and Finances From Winter Storms

Here are 12 simple ways to keep your home safe throughout the worst winter weather.

See More On: Home Remodeling & Maintenance | Home Remodeling & Maintenance

December 19, 2012

Your Year-End Financial To-Do List

New Year’s Eve is the deadline to make these six money-saving moves.

See More On: Family Finances | Family Finances | Saving for Retirement

December 14, 2012

Answers to Questions About Required IRA Distributions

Don't miss the New Year's Eve deadline for taking required minimum distributions from your retirement accounts.

See More On: Tax Planning | Tax Planning | Leisure Spending

December 11, 2012

Rules for Deducting 529-Plan Contributions

About two-thirds of the states offer an income-tax deduction for contributions to college-savings plans, but the rules vary.

See More On: 529 Plans | College Rankings | Tax Breaks

December 7, 2012

Charitable Gifts From IRAs and the RMD

Congress may still extend the law allowing retirees to make tax-free transfers to charities.

See More On: IRAs | Leisure Spending | Making Your Money Last

November 30, 2012

How to Compare Medicare Part D Plans

Shop around to make sure you're getting the best prescription-drug coverage.

See More On: Medicare | Health Care & Insurance

November 26, 2012

Medicare Part B Premiums to Rise in 2013

Most people will pay more for this government health care plan for seniors.

See More On: Medicare | Health Care & Insurance

November 21, 2012

6 Things to Consider During Open Enrollment for 2013

If you're thinking about making changes to your health benefits, here's what you should know.

See More On: Employee Benefits | Employee Benefits | Health Care & Insurance

November 19, 2012

What Grandparents Should Know About Opening 529 Accounts

Find out whether a grandparent's 529 plan will affect their grandchild's ability to secure additional financial aid.

See More On: Paying for College | College Rankings | Paying for College

November 13, 2012

What to Know About Flex Account Contribution Limits

The rules are different for medical and dependent-care flexible spending accounts. Here's what you need to know.

See More On: Tax Planning | Health Care & Insurance | Tax Breaks

November 9, 2012

10 Financial Tips for Military Families

Members of the military have access to special benefits and legal protections that can make a huge difference in their family's personal finances.

See More On: Family Finances | Family Finances

November 6, 2012

How to Get an Extra Job for the Holidays

Use these strategies to improve your chances of getting seasonal work.

See More On: Careers | Careers

November 2, 2012

8 Steps to Help Get Your Hurricane Claim Paid Quickly

Don't damage your ability to file a claim as you patch things up.

See More On: Home Insurance | Home Insurance

October 30, 2012

How to Track Down a Lost Life Insurance Policy

Use these strategies if a loved one dies and you're not sure whether he or she had a policy.

See More On: Life Insurance | Life Insurance

October 26, 2012

Prepare Your Home and Finances for Hurricane Sandy

Even though the storm is just a few days away, you can still take some steps to prepare in advance.

See More On: Home Insurance | Home Insurance | Home Remodeling & Maintenance

October 23, 2012

2013 Retirement Account Contribution Limits

You'll be able to stash more in a 401(k), IRA and Roth IRA next year.

See More On: Saving for Retirement | Saving for Retirement

October 22, 2012

The Best Resource for Comparing Medicare Plans

Use Medicare's Plan Finder to examine all your options and find the best plan for you.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

October 16, 2012

Medicare Advantage Star Ratings Can Help You Pick a Plan

Here's how this rating system works and how you can use it during open enrollment.

See More On: Health Care & Insurance | Health Care & Insurance

October 12, 2012

Should You Refinance Your Mortgage?

It can be worth while if your current rate is 5% or higher.

See More On: Mortgages & Refinancing | Buying & Selling a Home

October 10, 2012

Should You Borrow From a 401(k) to Buy a Home?

You might be better off withdrawing money from an IRA instead.

See More On: 401(k)s | Saving for Retirement | Tax Planning

October 5, 2012

How to Increase 401(k) Contributions

You may be able to contribute a year-end bonus or change the amount earmarked for your account.

See More On: 401(k)s | Saving for Retirement | Tax Planning

October 2, 2012

Removing Shared Benefits on a Long-Term-Care Policy

Couples who have policies that let them share a pool of benefits can maintain their long-term-care coverage if they eliminate that shared-benefit feature.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

September 27, 2012

How to Get a Better Deal on a Medigap Policy

Shop around to compare plans or consider switching to a Medicare Advantage plan to lower your costs.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

September 24, 2012

Best College-Savings Options for Military Families

Take advantage of the GI Bill and a state-sponsored 529 plan. Also look into the Yellow Ribbon program.

See More On: Family Finances | College Rankings

September 17, 2012

Why Some Health Insurers Don't Cover Preventive Care

Grandfathered policies aren't required by the health care law to provide certain benefits.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

September 14, 2012

How the Self-Employed Can Save for Retirement

A SEP is easiest to set up, but a solo 401(k) might let you set aside more money.

See More On: Saving for Retirement | Saving for Retirement

September 10, 2012

How to Undo Part of a Roth Conversion

You can recharacterize just a portion of your account so that you can keep some money in a Roth.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

September 4, 2012

What to Know About 2012 Medicare Open Enrollment

It's a good time to review your options and see if another plan offers a better deal.

See More On: Health Care & Insurance | Health Care & Insurance

August 27, 2012

How to Undo a Roth Conversion

You can recharacterize your account and get a refund of the taxes you paid when you converted.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

August 23, 2012

Protect Your Home With Flood Insurance

Some residents near areas damaged by the Colorado wildfires may qualify for immediate flood coverage because of the risk of floods and mudflows.

See More On: Home Insurance | Home Insurance

August 21, 2012

Protect Your College Student From ID Theft

Tell your kids to take these precautions when they head off to school.

See More On: Scams | College Rankings

August 16, 2012

Buying Health Insurance Through an Agent

You don't have to pay extra to work with an insurance agent.

See More On: Health Care & Insurance | Health Care & Insurance | Small Business

August 14, 2012

How to Buy Stocks for Children

Custodial accounts offer a low-cost way to buy shares for your children or grandchildren.

See More On: Stocks & Bonds | Stocks & Bonds

August 10, 2012

Make the Most of Health Insurance Changes in 2013

Here are five changes to look for during open enrollment and strategies to make the most of them.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

August 7, 2012

Tax-Free Money for College

Keep the documentation of the qualifying expenses in your tax files in case of an audit.

See More On: Paying for College | College Rankings | Tax Planning

August 3, 2012

Keeping Health Coverage When Changing Jobs

Until 2014, staying insured with a pre-existing condition will depend on what state you live in.

See More On: Employee Benefits | Employee Benefits | Health Care & Insurance

August 1, 2012

New Limits on Flex Accounts Coming

Starting in 2013, the amount employees will be allowed to contribute to medical flexible spending accounts will be less.

See More On: Tax Planning | Tax Planning

July 27, 2012

Protect Yourself From New Phishing Schemes

Identity thieves are crafting e-mails that look even more like they were sent by real companies and have more legitimate-sounding requests.

See More On: Scams | Scams

July 23, 2012

FAQs on the New Health Care Investment Tax

Find out whether you'll have to pay this new surtax and learn strategies for minimizing it.

See More On: Stocks & Bonds | Stocks & Bonds | Buying & Selling a Home

July 20, 2012

Strategies for Making the Most of Sales Tax Holidays

Lower your back-to-school shopping costs with these tips.

See More On: Smart Buying | Smart Buying | Tax Breaks

July 17, 2012

Coverage for Your College Student's Stuff

Your homeowners insurance should cover your child's possessions while he or she is at school, but there may be limits. Here are the rules.

See More On: Home Insurance | College Rankings | Home Insurance

July 13, 2012

Using Savings Bonds to Pay College Costs

Here's what to know about how the interest on savings bonds is taxed when the bonds are used to pay for education expenses.

See More On: Paying for College | Tax Planning | Stocks & Bonds

July 9, 2012

Protect Yourself From ID Theft on Vacation

Here are six ways to lower your risk of becoming a victim.

See More On: Scams | Scams

July 5, 2012

Minimize ATM Fees Overseas

Take these steps to avoid racking up charges for using your debit and credit cards in another country.

See More On: Banking | Travel

June 29, 2012

Your Health Care: What's Next

Be prepared for changes to your health care coverage now that the Supreme Court has upheld health care reform.

See More On: Health Care & Insurance | Health Care & Insurance

June 27, 2012

Teenage Drivers and Auto Insurance Liability Limits

If your family's car insurance liability limit is too low, you could be on the hook for thousands of dollars.

See More On: Auto Insurance | Auto Insurance | Buying & Leasing a Car

June 21, 2012

Getting the Most Out of Public-Sector Employee Retirement Plans

If you're a public school teacher, invest in both a 403(b) and a 457 plan to save for retirement.

See More On: Saving for Retirement | Saving for Retirement

June 15, 2012

Using 529 Plan Funds to Pay Rent

Even if your child lives off-campus at college, he can cover room and board costs with money from a 529 plan.

See More On: 529 Plans | Paying for College

June 11, 2012

How Closing Credit Accounts Affects Your Credit Score

Ditching old cards can work against you.

See More On: Credit Reports & Scores | Credit Reports & Scores

June 7, 2012

How to Qualify for the Maximum Social Security Benefit

The amount you earned while working and when you start collecting benefits will affect the amount you receive.

See More On: Social Security | Making Your Money Last

June 5, 2012

Claim a Tax Credit for Summer Camp Costs

Find out if you can get a tax credit or use money in a flexible spending account for the cost of day camp for your kids.

See More On: Tax Breaks | Tax Planning

June 1, 2012

Insurance Coverage When You're on Vacation

Make sure your homeowners, auto and health policies provide the protection you need when you're on a trip.

See More On: Home Insurance | Home Insurance

May 21, 2012

Health Coverage for College Grads

Keeping your adult child on your insurance policy might not be the best option.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

May 18, 2012

How to Give Savings Bonds as Gifts

The government no longer issues paper bonds, so you'll have to open an account online.

See More On: Stocks & Bonds | Stocks & Bonds

May 15, 2012

Some Can Switch Medicare Advantage Plans Mid-Year

Those with access to a five-star plan don't have to wait until open enrollment to switch to it.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

May 11, 2012

Group Versus Individual Life Insurance Policies

Here's how to find out whether you'll get a better deal purchasing coverage through your employer or on your own.

See More On: Life Insurance | Life Insurance

May 8, 2012

How to Check Your Social Security Statement Online

The government no longer is mailing paper statements to most workers.

See More On: Social Security | Making Your Money Last

May 4, 2012

Take Advantage of Education Tax Breaks

The American Opportunity tax credit can help offset the cost of college tuition.

See More On: Tax Breaks | College Rankings | Tax Breaks

May 1, 2012

The Rules for Making IRA, 401(k) Catch-up Contributions

You can stash more in your retirement accounts starting the year you turn 50.

See More On: Saving for Retirement | Saving for Retirement

April 27, 2012

Roth IRA Withdrawal Rules

Here's what you need to know if you want to take money out of your account before retirement.

See More On: Roth IRAs | Saving for Retirement | Buying & Selling a Home

April 23, 2012

Improve Your Credit Score Before Applying for a Loan

To qualify for a lower loan rate, follow this timeline to boost your score.

See More On: Credit Reports & Scores | Credit Reports & Scores

April 16, 2012

How to Find Lost Savings Bonds

There are resources to help you track down bonds and get paid if they've matured.

See More On: Stocks & Bonds | Stocks & Bonds

April 13, 2012

How to Prepare Your Home for Summer

Here's what snowbirds heading north need to do to protect their home in the South while they're not there.

See More On: Home Remodeling & Maintenance | Home Remodeling & Maintenance

April 9, 2012

What to Know About Kids and Taxes

Children must file a return if their earned income or investment income exceeds certain limits.

See More On: Tax Planning | Tax Planning

April 5, 2012

Don’t Forget These 5 Tax Breaks

Find out if you're eligible for these deductions and credits.

See More On: Tax Breaks | Tax Breaks

April 2, 2012

Protect Your Home and Finances from Spring Storms

Find out which damages are covered under your homeowners insurance policy -- and how to fill the gaps.

See More On: Home Insurance | Home Insurance

March 30, 2012

Claiming the Child-Care Tax Credit

You may be able to take advantage of this tax break even if you contribute to and use money from a dependent-care flexible-spending account.

See More On: Tax Breaks | Tax Breaks | Tax Planning

March 26, 2012

Which Tax Records to Keep and Which to Toss

Find out which documents you should hang on to and for how long.

See More On: Tax Prep & Filing | Tax Prep & Filing

March 24, 2012

Leave the Military for a Civilian Job?

Consider the benefits and tax breaks you'll give up if you take a new job.

See More On: Careers | Careers

March 22, 2012

Strategies for Moving 401(k) Money to a Roth IRA

Start by rolling your account over to a traditional IRA then figure out how to minimize your tax bill when converting to a Roth.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

March 19, 2012

How to File an Amended Tax Return

You have up to three years to make changes -- and claim any deductions or credits you might have missed.

See More On: Tax Breaks | Tax Breaks | Tax Prep & Filing

March 15, 2012

Smart Ways to Use Your Refund

Got the basics covered? We have plenty of other ideas.

See More On: Saving Money | College Rankings | Saving for Retirement

March 12, 2012

Don't Transfer IRA Distributions to Charity Yet

Congress hasn't reauthorized the law allowing people to give required minimum distributions from IRAs tax-free to charity but may by the end of the year.

See More On: IRAs | Tax Planning

March 9, 2012

How Roth IRAs Affect Financial-Aid Eligibility

The money isn't considered an asset, even if it's in your child's name.

See More On: Paying for College | Saving for Retirement | College Rankings

March 5, 2012

Why You Should Have Umbrella Liability Insurance

This inexpensive coverage can protect property owners from lawsuits.

See More On: Auto Insurance | Auto Insurance | Home Insurance

March 2, 2012

How to Make HSA Contributions After Age 65

If you delay enrolling in Medicare, you can continue to stash cash in a health savings account. But this may not be a good move.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

February 27, 2012

Understanding the Social Security Earnings Test for Early Retirees

You can work part-time and start drawing benefits before full retirement age, but expect smaller Social Security checks – even if you put your earnings toward a 401(k).

See More On: Social Security | Saving for Retirement | Leisure Spending

February 24, 2012

Financial Resources for Military Families

Kiplinger's Financial Field Manual and Military Finances Special Report help answer many of the personal finance questions surrounding military life.

See More On: Family Finances | Family Finances

February 17, 2012

Tax Breaks and Credits for College Costs

Kim answers readers' most frequent questions about tax breaks, college tuition and the American Opportunity credit.

See More On: Paying for College | Paying for College | Tax Breaks

February 14, 2012

How to Find Cheap Car Insurance

A little research can go a long way when it comes to choosing both a car and an insurer.

See More On: Buying & Leasing a Car | Buying & Leasing a Car

February 10, 2012

Take Advantage of the Flex Account "Sweet Spot"

From now until March 15, you may be able to combine your 2011 and 2012 FSA contributions -- making this the perfect time for large, uninsured expenses.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

February 6, 2012

Why You Shouldn't Cosign Your Child's Credit Card

Cosigning may help your child now, but it could damage your credit score irreparably in the long run.

See More On: Credit Cards | Credit Cards

February 3, 2012

Borrowing from a 401(k) to Make a Down Payment

Make sure you understand the rules and risks before tapping your retirement savings to pay for a home.

See More On: Buying & Selling a Home | Buying & Selling a Home

January 30, 2012

Health Savings Accounts After Medicare

You can continue withdrawing from an HSA after joining Medicare, but you won't be able to make new contributions.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

January 26, 2012

Easy Ways to Calculate Required Minimum Distributions

Retirees are required to take required minimum distributions from IRAs and 401(k)s after age 70½. Follow these guidelines to make sure you withdraw the right amount.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last

January 23, 2012

Tax Tips for Freelancers and the Self-Employed

Don't overlook these forms or deductions when filing for self-employed income.

See More On: Tax Breaks | Tax Breaks | Tax Prep & Filing

January 20, 2012

Making Roth IRA Contributions in Retirement

Without earned income, you can't contribute to a Roth IRA – but a working spouse still can.

See More On: Roth IRAs | Saving for Retirement

January 17, 2012

Open Low-Minimum Roth IRAs for Kids

These three firms make it easy for kids to start small Roths.

See More On: Roth IRAs | Saving for Retirement

January 13, 2012

Switching Medicare Plans Outside of Open Enrollment

If you want to change your Medicare plan, it's not too late -- but you'll need to act by February 14.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

January 10, 2012

Take Advantage of Expanded Preventive Health Care Coverage

The Affordable Care Act cuts out-of-pocket expenses for preventive care like mammograms and cholesterol screenings.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

January 6, 2012

Protect Yourself from New Year's Scams

January is a prime month for credit-card, debt-relief, job-search and tax scams -- but you can spot scam artists before they target you.

See More On: Scams | Scams

December 29, 2011

The Most Frequently Asked Personal-Finance Questions of 2011

Kim Lankford rounds up her advice on identity theft, credit scores, and other topics that readers needed help with in 2011.

See More On: Family Finances | College Rankings | Health Care & Insurance

December 27, 2011

Consolidate Your IRAs to Reduce Maintenance Fees

Combining multiple IRAs in one account can cut down on fees and make it easier to keep track of investments.

See More On: IRAs | Saving for Retirement

December 23, 2011

Tax-Smart Ways to Contribute to a 529 College-Savings Fund

529 contributions make great, tax-deductible holiday gifts if you know your state's rules.

See More On: Paying for College | College Rankings | Paying for College

December 21, 2011

Balance-Transfer Cards Can Save Thousands

Lowering your credit card interest rate and boosting your monthly payments can shave thousands of dollars off your bills and eliminate months of repayments.

See More On: Credit Cards | Credit Cards

December 16, 2011

7 Financial Tips for Snowbirds

These banking, insurance and home maintenance moves will keep your finances in order while you're away.

See More On: Home Remodeling & Maintenance | Leisure Spending

December 12, 2011

Long-Term-Care Insurance After the CLASS Act

The government recently pulled the plug on a new long-term-care insurance program, but you still have policy options.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

December 9, 2011

Using Balance-Transfer Cards to Pay Holiday Bills

Interest-free balance-transfer offers are back and better than ever -- if you weigh your options first.

See More On: Credit Cards | Credit Cards

December 5, 2011

Last-Minute Questions about Medicare Open Enrollment 2012

The Medicare open-enrollment deadline is December 7. Here's what you need to know to choose your plan on time.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

December 2, 2011

4 Ways to Get Lost Money from Government Agencies

The IRS is returning more than $150 million in undelivered tax refund checks. Here's how you can cash in.

See More On: Making Your Money Last | Making Your Money Last

November 28, 2011

Tax Rules for Home Sales

Here's what you need to know if you sell a house that a parent gave you while he or she was still living.

See More On: Tax Planning | Tax Planning | Buying & Selling a Home

November 22, 2011

Year-End Moves to Avoid the Medicare High-Income Surcharge

Take these steps to lower your income so you won't have to pay higher Part B and D premiums than other beneficiaries.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

November 18, 2011

High-Income Seniors Hit With Medicare Surcharge

You'll have to pay more for Part B and Part D if your income tops a certain level.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

November 14, 2011

How to Tap Your 401(k) or IRA Penalty-Free

There are exceptions to the rules that require you to keep money in retirement accounts until age 59½.

See More On: Saving for Retirement | Saving for Retirement | Tax Planning

November 10, 2011

3 Valuable Benefits for Military Families

Here's how to make the most of these programs to improve your family's financial future.

See More On: Family Finances | Family Finances

November 8, 2011

How to Find a Holiday Job

Here are several resources to help you get seasonal work at retailers, shipping companies, manufacturers, entertainment venues or other businesses.

See More On: Careers | Careers

November 4, 2011

How the Gift Tax Works

Uncle Sam wants to know about your generosity if you give more than a certain amount.

See More On: Wealth Management | Estate Planning | Tax Planning

October 28, 2011

Medicare Premiums to Decrease for Some

However, high-income beneficiaries will continue to pay extra for Medicare Part B and Part D.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

October 26, 2011

A Tax Credit for Retirement Savers

Uncle Sam offers an incentive for lower-income taxpayers to contribute to retirement-savings plans.

See More On: Tax Breaks | Tax Breaks | Saving for Retirement

October 24, 2011

2012 Retirement Account Contribution Limits

You'll be able to stash a little more in your 401(k), 403(b) or Thrift Savings Plan next year. And income limits to deduct IRA contributions will rise.

See More On: Saving for Retirement | Saving for Retirement | Tax Planning

October 21, 2011

Best Retirement Plans for the Self-Employed

A SEP and a solo 401(k) are two good options for freelancers and people who operate a sideline business.

See More On: Saving for Retirement | Saving for Retirement

October 17, 2011

Convert to a Roth IRA in Retirement?

You'll have to pay tax on the conversion, but all the money you withdraw comes out tax-free.

See More On: Roth IRAs | Saving for Retirement

October 14, 2011

How to Compare Medicare Advantage Plans

Follow this step-by-step guide for using Medicare's Plan Finder tool to search for the best all-in-one medical and drug coverage.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

October 12, 2011

How to Use Medicare's Plan Finder Tool

This step-by-step guide will help you take advantage of a great online resource for comparing plans.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

October 7, 2011

Donating IRA Distributions to Charity

You can avoid a tax bill on required IRA withdrawals if you use the money to make charitable contributions.

See More On: IRAs | Making Your Money Last | Tax Planning

October 4, 2011

How to Compare Medicare Policies

State programs can help you pick a plan over the phone or in person.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

September 30, 2011

How to Beat Rising Health Insurance Premiums

Healthcare premiums are growing faster than paychecks -- but you can still control how much your family pays.

See More On: Health Care & Insurance | Health Care & Insurance

September 26, 2011

The Cons of Borrowing From Your 401(k)

Tapping your retirement savings to pay off debt usually isn't a good idea.

See More On: 401(k)s | 401(k)s | Saving for Retirement

September 23, 2011

Rules for Required IRA Distributions

After you reach age 70½, you must start withdrawing money from your account. Here's what you need to know.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last | Tax Planning

September 19, 2011

Military Health Plan Now Covers Adult Children

Tricare now provides insurance for members' children until they reach age 26.

See More On: Health Care & Insurance | Health Care & Insurance

September 16, 2011

How to Improve Your Credit Score

Making debt payments on time and not opening too many accounts are among the things you can do to boost your number.

See More On: Credit Reports & Scores | Credit Reports & Scores

September 13, 2011

Make the Most of Your Flex Account in 2012

Here's how to take advantage of an FSA before the amount you can contribute to one is lowered in 2013.

See More On: Tax Planning | Tax Planning

September 9, 2011

Tax Breaks for Moving

You don't have to itemize to take advantage of a deduction for expenses associated with a job-related move.

See More On: Tax Breaks | Tax Breaks

September 6, 2011

Withdrawing Money From an Inherited IRA

Learn your options and understand how the distributions will be taxed.

See More On: Estate Planning | Estate Planning | Tax Planning

September 1, 2011

New Deadlines for Medicare Choices

Open enrollment starts a month earlier this year -- so expect information about your options to arrive soon.

See More On: Health Care & Insurance | Health Care & Insurance

August 25, 2011

What Disasters Does Your Homeowners Policy Cover?

Advice on the types of home insurance coverage you should sign up for to ensure your protected during an earthquake or hurricane.

See More On: Home Insurance | Home Insurance

August 23, 2011

Expect to Pay More for Health Coverage Through Work

Employers will increase the percentage that employees contribute to insurance premiums and to encourage workers to opt for high-deductible plans.

See More On: Health Care & Insurance | Health Care & Insurance

August 18, 2011

How to Find Doctors Who Accept Medicare

Start your search online and be willing to switch plans to get access to a bigger network of providers.

See More On: Health Care & Insurance | Health Care & Insurance

August 16, 2011

Tax Break for Elder Care

Tips on how to file for a dependent-care tax credit for adult children caring for an elderly parent.

See More On: Tax Breaks | Tax Breaks | Tax Planning

August 12, 2011

Tax-Friendly Ways to Pay for After-School Care

The expense may be eligible for the dependent-care tax credit or reimbursement from a dependent-care flexible spending account.

See More On: Tax Planning | Tax Planning

August 9, 2011

Repaying the Home-Buyer Tax Credit

You might not have to repay this interest-free loan if you sell your house at a loss.

See More On: Tax Breaks | Tax Breaks

August 4, 2011

Social Security Benefits for Divorcées

If you remarry, you may lose your rights to claim benefits based on your former spouse's income.

See More On: Social Security | Making Your Money Last

August 2, 2011

How to Protect Yourself From Scams

There are several resources to help you research companies and service providers so you don't become a victim of unscrupulous people or groups.

See More On: Scams | Scams

July 29, 2011

Changing Your Mind About Your Roth Conversion

It's not too late to switch back to a traditional IRA and avoid the tax bill.

See More On: Roth IRAs | Saving for Retirement

July 25, 2011

Insurance Coverage for Your College Student

Find out whether your homeowner's policy will cover your child's stuff while he is at school and what to do about car insurance while he's gone.

See More On: Home Insurance | Home Insurance | College Rankings

July 22, 2011

Tax Breaks for College Bills

Uncle Sam helps ease the pain of paying for college with a variety tax benefits.

See More On: Tax Breaks | Tax Breaks | College Rankings

July 18, 2011

Is It Cheaper to Fly or Drive?

A new calculator makes it easy to figure out which mode of transportation is more affordable.

See More On: Travel | Travel

July 13, 2011

How to Get Your Credit Score for Free

Soon lenders will be required to show you your score if you're denied credit or charged a higher interest rate.

See More On: Credit Reports & Scores | Credit Reports & Scores

July 11, 2011

Flex Funds for Summer Camp

You may be able to use money in your flexible-spending account to cover the cost of camp for your children.

See More On: Tax Planning | Tax Planning

July 8, 2011

Home Insurance Rates Likely to Rise in Storm-Prone Areas

Homeowners in the South and Midwest may have to pay more for coverage as a result of this year's wild weather.

See More On: Home Insurance | Home Insurance

July 5, 2011

Helping a Family Member Save for College

Here's how to set up a custodial account or 529 college-savings plan for a niece, nephew or other relative.

See More On: Paying for College | College Rankings

July 1, 2011

The Basics of Buying Homeowners Insurance

If you're purchasing your first home, here's what you need to know about getting the right coverage to protect it.

See More On: Home Insurance | Home Insurance

June 27, 2011

529 Funds for College Expenses -- Not College Debt

You can't use money in a college-savings account to pay off student loans.

See More On: College Rankings | College Rankings

June 23, 2011

A Second Chance at Tax Breaks

If you think you missed a tax break on your 2010 return, it's not too late to file an amended return.

See More On: Tax Breaks | Tax Breaks

June 21, 2011

Tapping Life Insurance When You're Terminally Ill

Many policies offer accelerated death benefits while you're still alive.

See More On: Life Insurance | Life Insurance

June 17, 2011

Invest in Your State's -- or Another's -- 529 Plan?

It depends on whether you get an income-tax deduction for your contribution.

See More On: 529 Plans | College Rankings

June 13, 2011

Qualifying for a Mortgage When You Already Own a Home

Having renters for a house you can't sell might not help you qualify for a new loan.

See More On: Mortgages & Refinancing | Buying & Selling a Home

June 10, 2011

Required Minimum Distributions for IRAs and 401(k)s

At age 70½, you must make withdrawals from your traditional IRA, but, if you’re still working, you can delay tapping your 401(k).

See More On: Wealth Management | Leisure Spending

June 7, 2011

Bear Market for Baseball Cards

Most collectible baseball cards no longer fetch top dollar.

See More On: Smart Buying | Smart Buying

June 3, 2011

How to Protect Yourself After Identity Theft

Before paying for an identity-theft-protection service, be sure you know what you're getting for your money.

See More On: Scams | Scams

June 1, 2011

Avoid Paying Taxes Twice on Reinvested Dividends

Carefully keep track of your investment records to help lower your tax bill.

See More On: Tax Planning | Tax Planning | Tax Prep & Filing

May 26, 2011

Sign up for the Federal Long-Term-Care Insurance Program?

Federal employees should compare their options before enrolling in the nation's largest group plan.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

May 24, 2011

Handling the Tax Bill on a Roth Conversion

You may need to have more withheld from your paycheck or make larger estimated payments.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

May 20, 2011

How to Prepare for a Hurricane

Follow these steps to protect your home and property from storms.

See More On: Home Insurance | Home Insurance

May 18, 2011

When Health Plans Aren't Required to Cover Adult Children

Although the health-reform law requires most insurance plans to extend coverage to adult children until age 26, the rule doesn't apply to retiree-only plans.

See More On: Health Care & Insurance | Health Care & Insurance

May 12, 2011

How to Use Excess 529 College-Savings Funds

If your child receives a scholarship, you can withdraw up to that amount from a 529 plan penalty-free.

See More On: 529 Plans | College Rankings

May 10, 2011

How a Credit Freeze Works

There are pluses and minuses when you block identity thieves from taking out new credit in your name.

See More On: Credit Reports & Scores | Credit Reports & Scores

May 9, 2011

Protect Your Home and Finances Against Floods

Make sure you have flood coverage, and check into government programs that help residents in federally declared disaster areas cover uninsured losses.

See More On: Home Insurance | Home Insurance

May 3, 2011

7 Personal Finance Basics for New Grads

Share these tips with your children to help them get off to a good start on their own.

See More On: Budgeting | College Rankings

April 29, 2011

Social Security Switching to Direct Deposit for Benefits

Beneficiaries can also have money deposited to a debit card. But paper checks will be abolished.

See More On: Social Security | Making Your Money Last

April 26, 2011

4 Great Financial Books for Recent Grads

These primers will help your children learn the basics of investing and personal finance.

See More On: Smart Buying | College Rankings

April 21, 2011

Conflicting Credit Scores

You don't just have one FICO score -- you have three. And here's why those scores can vary.

See More On: Credit Reports & Scores | Credit Reports & Scores

April 19, 2011

How to Keep Recent Grads Insured

As a result of the health-reform law, adult children can stay on their parents' health insurance policies when they graduate.

See More On: Health Care & Insurance | Health Care & Insurance

April 15, 2011

Understanding Credit Scores

Learn about the differences between the FICO score and VantageScore.

See More On: Credit Reports & Scores | Credit Reports & Scores

April 13, 2011

How to Land a Summer Job

Apply now because competition will be tough.

See More On: Careers | Careers

April 8, 2011

Health Insurance for Adult Children

Know the rules for keeping your kids on your health insurance plans.

See More On: Health Care & Insurance | Health Care & Insurance

April 4, 2011

What Does Homeowners Insurance Really Cover?

Consider buying special coverage for certain valuables.

See More On: Home Insurance | Home Insurance

March 31, 2011

6 Tax-Smart Ways to Help Your Kids (or Grandkids)

Uncle Sam (and some states) will reward you for helping pay for a child's college education.

See More On: Tax Planning | Tax Planning

March 28, 2011

FAQs About Required IRA Distributions

Here's what you need to know about when you have to start taking mandatory withdrawals.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last | Saving for Retirement

March 24, 2011

5 Ways to Avoid Tax Scams

Follow these steps to protect your money and your identity.

See More On: Scams | Tax Prep & Filing

March 22, 2011

6 Ways to Cash in on the Health Law

Take advantage of free preventive care, coverage for adult children and a smaller Medicare Part D doughnut hole.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

March 17, 2011

How to Prepare for an Emergency

Follow these five steps now so you'll be ready if disaster strikes.

See More On: Family Finances | Home Insurance

March 15, 2011

10 Ways to Guard Against Identity Theft When Traveling

Follow these steps to protect your personal information when you're away from home.

See More On: Scams | Scams

March 11, 2011

Teaching Kids About Investing

One way for your children to learn about stocks is to set up a custodial account for them.

See More On: Family Finances | Stocks & Bonds | Mutual Funds

March 7, 2011

Retirement Income for Life

Find out how much you'd need to invest in an immediate annuity to get the monthly payouts you want.

See More On: Annuities | Annuities | Making Your Money Last

March 4, 2011

Tax Rules for Members of the Military

Don't miss out on special breaks and filing extensions.

See More On: Tax Breaks | Tax Breaks | Tax Planning

February 28, 2011

Tax Credits for Education Expenses

You may be able to cut your tax bill if you pay for your child's college costs. There's a tax break for graduate students, too.

See More On: Tax Breaks | Tax Breaks | College Rankings

February 25, 2011

New Rules for Home Improvement Tax Credits

The tax break for energy-efficient home improvements made in 2011 isn't as big as in past years.

See More On: Tax Breaks | Tax Breaks

February 22, 2011

Roll Retirement Money Into a Health Savings Account?

You can make a tax- and penalty-free transfer from an IRA to HSA, but it might not be a good move.

See More On: Health Care & Insurance | Health Care & Insurance | Saving for Retirement

February 18, 2011

The Basics of Roth IRAs

Take advantage of this tax-advantaged account to stretch your savings.

See More On: Roth IRAs | Saving for Retirement

February 15, 2011

How to Put Your Tax Refund to Good Use

Consider these five smart ways to spend the money.

See More On: Tax Prep & Filing | Tax Prep & Filing

February 11, 2011

How to Avoid ID Theft

Take these steps if your wallet has been stolen.

See More On: Scams | Scams

February 8, 2011

Save Money on Homeowners Insurance

Rather than reducing your coverage to lower costs, try these moves.

See More On: Home Insurance | Home Insurance | Buying & Selling a Home

February 4, 2011

Back Door to a Roth IRA

There's a way to fund a Roth even if your income exceed the limits for contributing to one.

See More On: Roth IRAs | Saving for Retirement

February 1, 2011

Make the Most of the New Flex-Account Rules

If you have until March to use 2010 FSA money, you can combine it with 2011 funds to pay for big-ticket items.

See More On: Health Care & Insurance | Health Care & Insurance | Tax Breaks

January 28, 2011

Time Running Out to Switch Medicare Plans

And you'll have fewer options this year than last.

See More On: Health Care & Insurance | Health Care & Insurance

January 24, 2011

The 12 Best Ask Kims of the Year

Kimberly Lankford picks her favorite columns of 2010.

See More On: Family Finances | Saving for Retirement | Auto Insurance

January 21, 2011

Why Are My Medicare Premiums So High?

A few groups are paying more for Part B this year.

See More On: Health Care & Insurance | Health Care & Insurance

January 18, 2011

Changes to the GI Bill

There's a new cap on tuition reimbursement but better benefits for veterans and National Guardsmen.

See More On: Paying for College | College Rankings

January 13, 2011

Understanding Social Security Survivor Benefits

If two spouses receive Social Security, find out how much the surviving spouse gets if one of them dies.

See More On: Social Security | Making Your Money Last

January 11, 2011

How Long to Keep Tax Records

You can toss some supporting documents, but you'll need to hang onto others for years.

See More On: Tax Prep & Filing | Tax Prep & Filing

January 7, 2011

What to Do With Your Health Savings Account Once You're Medicare-Eligible

Once you sign up for Medicare, you can no longer contribute to an HSA. How should you manage the transition?

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

January 3, 2011

Take Advantage of Preventive-Care Benefits

You may be able to get free health screenings as a result of the health-care reform law.

See More On: Health Care & Insurance | Health Care & Insurance

December 30, 2010

When One Spouse's Credit Score Is Lower

Even if your score is high, your spouse's low score will make qualifying for a loan tougher.

See More On: Credit Reports & Scores | Credit Reports & Scores

December 27, 2010

Help With High Drug Costs

Out-of-pocket costs for participants in the Medicare Part D program will shrink in 2011.

See More On: Health Care & Insurance | Health Care & Insurance

December 22, 2010

Roth IRAs for Kids

Children with earned income can start start saving for retirement with one of these tax-advantaged accounts.

See More On: Roth IRAs | Saving for Retirement

December 20, 2010

How to Donate IRA Distributions to Charities

The new tax law revives the tax break for people who transfer required minimum IRA distributions directly to charitable organizations.

See More On: IRAs | Tax Planning | Tax Breaks

December 17, 2010

Protect Your Home for the Winter

Follow these simple steps to avoid cold-weather insurance claims.

See More On: Home Insurance | Home Insurance

December 14, 2010

Retirement Accounts for the Self-Employed

Lower your taxable income by contributing to a SEP IRA or solo 401(k).

See More On: Saving for Retirement | Saving for Retirement

December 10, 2010

Give the Gift of a 529 Plan Contribution

Grandparents may be able to get a tax deduction if they help fund their grandchild's college-savings account.

See More On: 529 Plans | College Rankings | Tax Planning

December 6, 2010

Kids, Stocks and Taxes

Your children's investment income may be subject to kiddie-tax rules.

See More On: Tax Planning | Tax Planning

December 2, 2010

Divorced Parents and Education Tax Breaks

Tax write-offs for college expenses go to the parent who claims the child as a dependent -- even if the other parent is paying the bills.

See More On: Tax Breaks | Tax Breaks | College Rankings

November 30, 2010

Pick the Best Medicare Advantage Plan for You

Two new resources can help you compare your options.

See More On: Health Care & Insurance | Health Care & Insurance

November 23, 2010

Tax Breaks for Donating IRA Payouts to Charity in 2010?

See if donating your required minimum distribution (RMD) to charity will give you a tax break this year.

See More On: Tax Breaks | Tax Breaks | Saving for Retirement

November 19, 2010

How to Lower Medicare Costs

If your premiums are rising, consider these alternatives.

See More On: Health Care & Insurance | Health Care & Insurance

November 17, 2010

MetLife to Stop Selling Long-Term-Care Insurance

However, it will continue to service existing policies.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

November 12, 2010

4 Steps to Help You Get a Holiday Job

The prospects for seasonal work are better this year, but competition still will be stiff. Here's how to improve your chances of finding employment.

See More On: Careers | Careers

November 8, 2010

How to Avoid the Medicare High-Income Surcharge

If your income has dropped since 2009, you may be able to eliminate the surcharge on Part D prescription-drug coverage.

See More On: Health Care & Insurance | Health Care & Insurance

November 4, 2010

Roth IRA Contribution Rules

To stash cash in an IRA, you need earned income or a working spouse.

See More On: Saving for Retirement | Saving for Retirement

November 1, 2010

Get the Most Out of Your Retirement Accounts

Here's what you can do to save a little extra next year even though contribution limits will stay the same.

See More On: Saving for Retirement | Saving for Retirement

October 28, 2010

Get a Tax Break for Refinancing Again

You may be able to take advantage of an extra deduction.

See More On: Tax Breaks | Tax Breaks

October 26, 2010

A Step-by-Step Guide to Comparing Your Medicare Options

Learn how to use Medicare's Plan Finder tool to find the best plan for you.

See More On: Health Care & Insurance | Health Care & Insurance | Leisure Spending

October 22, 2010

5 Things You Must Do During Open Enrollment

Get the most out of your workplace benefits by following these steps.

See More On: Employee Benefits | Employee Benefits | Health Care & Insurance

October 18, 2010

4 Key Changes to Medicare Drug Coverage

Here's what to look for when reviewing your Part D options during open enrollment this year.

See More On: Health Care & Insurance | Health Care & Insurance | Leisure Spending

October 15, 2010

New Rules for Flexible Spending Accounts

The health-care reform law has three new rules that affect how much you can contribute to these accounts and how you can spend the money.

See More On: Tax Planning | Tax Planning | Health Care & Insurance

October 13, 2010

FSA or Child-Care Credit?

There is a way to benefit from both options if you have two or more children.

See More On: Tax Planning | Tax Planning

October 8, 2010

Changes to the Medicare Advantage Plan

See More On: Health Care & Insurance | Home Insurance

October 4, 2010

How to Check the History of a Used Car

Follow these steps to make sure it hasn't been in an accident.

See More On: Business Costs & Regulation | Business Costs & Regulation | Buying & Leasing a Car

September 30, 2010

Some Long-Term-Care Premiums to Rise

John Hancock wants to hike rates on many of its policies by 40%.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

September 27, 2010

What 's Changing if You Buy Health Insurance on Your Own

The timeline of health-reform changes and some of the protections are different for people who buy coverage on their own.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

September 23, 2010

Health-Care Reform Provisions Kicking In

Several changes created by the new law, such as an end to lifetime-coverage limits, took effect September 23.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

September 20, 2010

Tapping a 401(k) for a Down Payment

Learn the consequences of pulling out money from your workplace retirement account.

See More On: 401(k)s | Saving for Retirement | Tax Planning

September 16, 2010

Act Soon to Undo a Roth Conversion

If you converted a traditional IRA to a Roth in 2009 then your account lost value, you must recharacterize it by October 15 to lower your tax bill.

See More On: Roth IRAs | Tax Planning | Saving for Retirement

September 13, 2010

Lower Your Income to Qualify for a Roth

Take these steps before the end of the year to increase your chances of falling within the income limits for contributing to a Roth IRA.

See More On: Roth IRAs | Saving for Retirement

September 10, 2010

More Protection for Your Bank Accounts

The financial-reform law makes higher FDIC coverage limits permanent.

See More On: Banking | Banking

September 7, 2010

Rate Reductions for the Military

Some active-duty personnel may qualify for an interest-rate cap on their credit cards, mortgages and other loans.

See More On: Family Finances | Family Finances

September 2, 2010

4 Ways to Save Money on Life Insurance

Don't let tough economic times prompt you to go without coverage.

See More On: Life Insurance | Life Insurance

August 31, 2010

What to Know About Health Savings Accounts

These tax-advantaged accounts can help you pay for costs not covered by a high-deductible health-insurance policy.

See More On: Health Care & Insurance | Health Care & Insurance

August 26, 2010

5 Steps to Protect Your College Student's ID

Your child can be vulnerable to identity theft when he or she heads off to school.

See More On: Scams | College Rankings

August 24, 2010

Lower Your Prescription-Drug Costs

These three strategies will help you save money when you're in the Medicare Part D doughnut hole.

See More On: Health Care & Insurance | Health Care & Insurance | Leisure Spending

August 22, 2010

Health-Insurance Changes for 2011

Here's what to expect when your employer gives you choices during open-enrollment season this fall.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

August 17, 2010

How to Negotiate a Lower Credit-Card Rate

Your card company might grant your request if you have a good credit score.

See More On: Credit Cards | Credit Cards

August 13, 2010

How to Collect Unemployment Benefits

Find out how to start getting payments as soon as you lose your job.

See More On: Careers | Careers

August 10, 2010

Tax Credits for Going Green

You may be able to write off some of the costs of energy-efficient home improvements.

See More On: Tax Breaks | Tax Breaks

August 5, 2010

FAQs on the Child-Care Tax Credit

Know which expenses you can write off and how to qualify for this break.

See More On: Tax Breaks | Tax Breaks | Tax Planning

August 3, 2010

Why Credit Insurance Is a Bad Deal

Most people can get more for their money with a term life-insurance policy.

See More On: Life Insurance | Life Insurance

July 30, 2010

Property-Tax Deduction and COBRA Subsidy Updates

Legislators didn't extend the COBRA subsidy. But there's still a chance that the property-tax deduction for non-itemizers will be revived.

See More On: Tax Breaks | Tax Breaks | Health Care & Insurance

July 27, 2010

Insurance for Boomerang Kids

Make sure adult children who move back home are covered.

See More On: Home Insurance | Home Insurance | Health Care & Insurance

July 22, 2010

Why You Need an Umbrella Policy

Adding extra liability coverage to your auto- and homeowners-insurance policies can protect your finances from expensive lawsuits.

See More On: Home Insurance | Auto Insurance | Home Insurance

July 20, 2010

Tax Breaks for Energy-Efficient Home Improvements

You might qualify for a tax credit if you install an eligible central air-conditioning system this year.

See More On: Tax Breaks | Tax Breaks

July 19, 2010

Tax Rules for Roth Withdrawals

There is a waiting period before you can take out earnings tax-free.

See More On: Roth IRAs | Tax Planning | Saving for Retirement

July 12, 2010

New Tax on Windfall Home-Sale Profits

A surtax created by the health-reform law will apply only to high-income individuals who sell their homes after 2012 for a large profit.

See More On: Tax Planning | Tax Planning

July 9, 2010

FAQs on the New High-Risk Pool

If you have been rejected for health coverage because of a preexisting medical condition, find out how the government's recently launched program can help.

See More On: Health Care & Insurance | Health Care & Insurance

July 7, 2010

A New Site to Help You Navigate Health Insurance

The government's HealthCare.gov provides information about public and private plans available to you.

See More On: Health Care & Insurance | Health Care & Insurance

July 1, 2010

Keep Your College Student Covered

Find out whether your homeowners policy will cover your child's possessions while he's away at school and whether your car insurance rates will be affected.

See More On: Home Insurance | Home Insurance | Auto Insurance

June 28, 2010

Fast Ways to Improve Your Credit Score

See improvement quickly by following these steps.

See More On: Credit Reports & Scores | Credit Reports & Scores

June 24, 2010

Get a Tax Credit for Summer Camp

You can claim the cost of day camp if you meet certain requirements.

See More On: Tax Breaks | Tax Breaks | Tax Planning

June 21, 2010

How to Tap College Savings

If you want to take advantage of the American Opportunity tax credit this year, you can't use 529 plan money to pay all the college tuition bills.

See More On: Paying for College | College Rankings

June 17, 2010

How to Protect Parents from Elder Investment Fraud

Your mom and dad may be at a greater risk for exploitation than you think.

See More On: Scams | Scams

June 14, 2010

Impact of Health Reform on Military Health Coverage

The law doesn't require Tricare to let children up to age 26 stay on their parents' plans -- but new legislation might.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

June 11, 2010

FAQs about the Medicare Rebate

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

June 7, 2010

Tricks ID Thieves Use

Knowing which red flags to watch for will help you protect your identity.

See More On: Scams | Scams

June 4, 2010

6 Steps to Protect Your Home from Hurricanes

You don't have to just sit there worrying about the weather.

See More On: Home Insurance | Home Insurance | Home Remodeling & Maintenance

June 1, 2010

Getting Health Insurance on Your Own

You have some special options if your COBRA coverage is ending and you have preexisting conditions that make it difficult for you to get health insurance.

See More On: Health Care & Insurance | Health Care & Insurance

May 26, 2010

Free Credit Score for All?

The financial-services reform bill would entitle you to a free score if you're denied a loan. Here's how to check your score before you apply.

See More On: Credit Reports & Scores | Credit Reports & Scores

May 20, 2010

Two New Medigap Plans to Consider

These Medicare-supplement policies add some cost-sharing in return for lower premiums.

See More On: Health Care & Insurance | Health Care & Insurance | Leisure Spending

May 17, 2010

Keeping Adult Children Insured

Here's what you need to know about how the health-care reform law benefits families that want to keep their grown kids on their health policies.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

May 14, 2010

Tax Rules for Roth Conversions

If one spouse spreads the tax bill on a Roth conversion over three years, the other spouse isn't required to also do so. Plus, donating an IRA to charity.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

May 11, 2010

Military Health Coverage and Health Reform

People receiving health benefits through TRICARE won't have to purchase additional coverage or pay a penalty when insurance is required for all in 2014.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

May 6, 2010

When Your Tree Falls in Your Neighbor's Yard

The neighbor, not you, will have to file an insurance claim.

See More On: Home Insurance | Home Insurance

May 4, 2010

Prepare for the Rising Cost of Long-Term Care

The price tag of a nursing-home room will continue to grow at a fast pace, but there are ways to offset the cost.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

May 2010

ID Theft Red Flags

Kimberly Lankford describes the ploys identity thieves use to get access to your credit cards.

See More On: Scams | Making Your Money Last | Health Care & Insurance

April 30, 2010

Prepare Your Homeowners Insurance for Storm Season

Fill the gaps in your policy that could leave you without enough coverage if a hurricane strikes.

See More On: Home Insurance | Home Insurance

April 26, 2010

Putting Adult Children Back on Your Health Plan

If your kids are too old to be covered by your policy, they may be able to get back on after the health-reform law takes effect.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

April 23, 2010

New Grads and Health-Care Reform

Several insurers are letting adult children stay on their parents' policies after graduation.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

April 19, 2010

A Tax on Health Benefits

Find out how employee health benefits will be taxed and how employees will be affected.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

April 15, 2010

What Health Reform Means for Long-Term Care

Although a new national program will provide some long-term-care coverage, you shouldn't drop coverage you already have.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

April 12, 2010

Did You Miss This Tax Break for College Costs?

You may be able to claim an expanded version of the Hope credit if your child attends college in the Midwest.

See More On: Tax Breaks | Tax Breaks | Paying for College

April 7, 2010

Catch-22 on Credit-Card Payments

If your monthly bill is due on a Saturday or Sunday, make sure your card company accepts payments on weekends.

See More On: Credit Cards | Credit Cards

April 5, 2010

What Health Care Reform Means for Medicare Drug Coverage

The new law provides rebate checks for people when they hit the doughnut hole in their prescription-drug coverage.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

April 2, 2010

Health Care Reform and Roth Conversions

Converting to a Roth will increase your income and could force you to pay higher Medicare premiums.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

March 31, 2010

What Health Reform Means for FSAs and HSAs

New limits on flexible spending accounts will make health savings accounts more attractive.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

March 29, 2010

How to Cope Without COBRA

The new health reform law did not extend COBRA eligibility or the subsidy that helped laid-off workers pay for COBRA health insurance. Here's how they can find an affordable policy.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

March 25, 2010

Make the Most of Health Care Reform

Soon-to-be college grads and people with health issues should follow these strategies to benefit from the new law.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

March 22, 2010

Long-Term-Care Help From States

More than half of the states have programs that let some people qualify for Medicaid before depleting all their assets.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

March 19, 2010

Prepare for Storm Season With Flood Coverage

Your homeowners policy won't pay for damage caused by rising water. Here's how to get the coverage you need.

See More On: Home Insurance | Home Insurance

March 15, 2010

Repaying the 2008 Home-Buyer Credit

People who accepted the tax credit to buy a first home in 2008 will have to start paying it back next year.

See More On: Tax Breaks | Tax Breaks

March 11, 2010

529 Money for College Expenses Only

But you can use money from a Coverdell education savings account for primary- and secondary-school expenses.

See More On: 529 Plans | College Rankings | Tax Planning

March 8, 2010

Should You Convert to a Roth IRA?

Ask yourself these five questions to determine whether you should move your money from a traditional IRA to a Roth.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

March 4, 2010

5 Smart Uses for Your Tax Refund

Use the influx of cash to improve your financial situation.

See More On: Saving Money | College Rankings | Paying for College

March 1, 2010

Impact of Roth Conversions on College Aid

Converting an IRA to a Roth could affect the amount of funding your child receives for school.

See More On: Paying for College | College Rankings | Saving for Retirement

February 25, 2010

Deductible Versus Nondeductible IRA Contributions

The type of contribution you make affects your tax bill when you withdraw the money or convert the account to a Roth.

See More On: IRAs | Tax Prep & Filing | Tax Breaks

February 22, 2010

Close a Credit-Card Account to Avoid Fees?

You might have to pay if you don't use your card, but you could hurt your credit score if you close the account.

See More On: Credit Cards | Credit Cards

February 19, 2010

Roth Contribution Redo

Here's what you can do if you've discovered your income was too high to contribute to a Roth after you already put money in your account.

See More On: Roth IRAs | Saving for Retirement

February 16, 2010

More Credit-Card Fees Coming

Be on the lookout for these changes when you get your statement.

See More On: Credit Cards | Credit Cards

February 10, 2010

Taxes and Home-Sale Losses

If you sell a house that was converted to rental property at a loss, you might qualify for a tax deduction.

See More On: Tax Breaks | Tax Breaks | Tax Planning

February 8, 2010

The Gift of a Roth

A parent asks Kimberly Lankford to explain the rules of funding an account for a child and how the money should be invested.

See More On: Roth IRAs | Saving for Retirement

February 4, 2010

Two New Money Rules for Military Families

Benefit from the new GI Bill and the home-buyer credits.

See More On: Family Finances | College Rankings | Tax Breaks

February 1, 2010

8 Ways to Cut Insurance Costs for Teen Drivers

You can prevent your auto premiums from skyrocketing.

See More On: Auto Insurance | Auto Insurance

January 28, 2010

Tax-Free Money for Big Medical Expenses

Some people may be able to combine 2009 flexible-spending account money with 2010 money to cover expensive procedures.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

January 26, 2010

Beware Refund-Anticipation Loans

There are other ways to get cash fast without the high interest rates and fees.

See More On: Tax Prep & Filing | Tax Prep & Filing

January 20, 2010

FAQs on the New Roth Conversion Rules

Here's what you need to know about switching a traditional IRA to Roth now that the income limit has disappeared.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

January 19, 2010

How to Find a Good Tax Adviser

Here's how to make sure that the person preparing your return is legitimate.

See More On: Tax Prep & Filing | Tax Prep & Filing

January 14, 2010

Make the Most of Tax Breaks for College Expenses

Kim Lankford answers more questions about the American Opportunity Credit and other deductions for postsecondary education.

See More On: Tax Breaks | Tax Breaks | College Rankings

January 11, 2010

Tax Breaks for the Self-Employed

You can deduct a lot of expenses if you're setting up a new business -- or just doing some freelance work.

See More On: Tax Breaks | Tax Breaks

January 7, 2010

Roth IRA Rules

Kim Lankford responds to more questions about converting a traditional IRA to a Roth and opening an account for a child.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

January 4, 2010

Take Advantage of the Extended COBRA Subsidy

The government will continue a little longer to help people who've lost jobs pay for health coverage.

See More On: Health Care & Insurance | Health Care & Insurance | Employee Benefits

December 31, 2009

The Year in Review

Kim Lankford reflects on the questions she received -- and advice she gave -- throughout 2009.

See More On: Family Finances | Health Care & Insurance | Tax Breaks

December 24, 2009

What to Know if You Rent Out Your House

Here's what you need to know about taxes and insurance if you turn your home into rental property.

See More On: Buying & Selling a Home | Buying & Selling a Home | Home Insurance

December 21, 2009

Buy Time to Make Charitable Contributions for 2009

A donor-advised fund lets you take a tax deduction now and make your giving decision later.

See More On: Tax Planning | Tax Planning

December 17, 2009

Pay Less for Medicare Part B

You might be able to lower your premiums if your income has dropped because of a "life-changing event."

See More On: Health Care & Insurance | Health Care & Insurance | Leisure Spending

December 14, 2009

Lower Your Taxes With a 529

You may be able to get a state income-tax deduction for contributing to a college-savings plan.

See More On: Tax Planning | Tax Planning | Tax Breaks

December 10, 2009

Getting Life Insurance After Cancer

You may be able to get coverage depending on your condition.

See More On: Life Insurance | Life Insurance

December 8, 2009

What to Do When Your COBRA
Subsidy Ends

Hang on to your coverage because Congress is expected to pass some form of COBRA-subsidy extension.

See More On: Health Care & Insurance | Health Care & Insurance

December 3, 2009

Tax Breaks for Winterizing Your Home

Uncle Sam will help cover the cost of energy-efficient windows, doors and more.

See More On: Tax Planning | Tax Planning | Tax Breaks

November 30, 2009

Ways to Cut Small-Business Taxes

Make these moves now to lower your bill to Uncle Sam next spring.

See More On: Tax Planning | Tax Planning

November 23, 2009

Get a Bigger Tax Break for
College Expenses

The new American Opportunity credit will reduce your tax bill dollar for dollar.

See More On: Tax Breaks | Tax Breaks | College Rankings

November 19, 2009

401(k) Rollovers

If you have money hanging out in an account with a former employer, move it into your new 401(k), IRA or Roth IRA.

See More On: 401(k)s | Saving for Retirement

November 16, 2009

Get the Best Medicare Advantage Plan

This step-by-step guide will help you compare options from private insurers to find the best coverage for your needs.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

November 12, 2009

Get the Best Medicare Prescription-Drug Plan for You

This step-by-step guide will help you navigate the Medicare Web site to compare your options.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

November 10, 2009

7 Steps to Get a Holiday Job

Competition will be fierce, so here's how you can increase your chances of finding employment.

See More On: Careers | Careers

November 5, 2009

The Rising Cost of Long-Term Care

You'll pay a steep price for assisted living, a nursing home or a home health aide. That's why insurance is essential.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

November 2, 2009

How Do I Tap My IRA?

If you're 59½ or older, follow these steps to access your money.

See More On: IRAs | Saving for Retirement | Tax Planning

October 29, 2009

What's in Store for Medicare Part B Premiums

Some people will have to pay more for coverage next year.

See More On: Health Care & Insurance | Health Care & Insurance | Leisure Spending

October 26, 2009

Putting IRA Withdrawals Back Into Your Account

The IRS recently extended the period during which you can put 2009 distributions back into an IRA without tax consequences.

See More On: IRAsIRAs

October 22, 2009

Switching Money-Management Software

Users of the discontinued Microsoft Money will find it easy to swap to Quicken.

See More On: TechnologyTechnology

October 15, 2009

How to Get a Loan to Start a Business

Here's what you need to know about applying for a Small Business Administration-guaranteed loan through your local bank.

See More On: Loans | Business Costs & Regulation

October 13, 2009

5 Things to Do During Open Enrollment

Health insurance isn't the only thing you need to consider when making decisions about benefits offered by your employer.

See More On: Life Insurance | Life Insurance | Long-Term Care Insurance

October 8, 2009

Some Medicare Rates to Rise

Find out what changes to expect -- and what you can do -- if you have a prescription-drug plan or Medicare Advantage plan.

See More On: Health Care & Insurance | Health Care & Insurance | Leisure Spending

October 5, 2009

Still Time to Undo a Roth Conversion

You have until October 15 to recharacterize your account back to a traditional IRA. Here's why you might want to do so.

See More On: Making Your Money Last | Making Your Money Last | Tax Planning

October 2, 2009

Making Charitable Contributions From an IRA

You have less of an incentive to take advantage of this special rule in 2009.

See More On: Roth IRAs | Making Your Money Last | Tax Breaks

September 28, 2009

More Questions About Roth Rollover Rules

Kimberly Lankford explains whether income limits for contributing to a Roth IRA will disappear and whether you can roll a 401(k) directly into a Roth.

See More On: Roth IRAsRoth IRAs

September 24, 2009

Flexible Spending Account vs. Dependent-Care Credit

A couple of tax breaks are available for working parents who pay for child care, but you'll have to choose one or the other.

See More On: Employee Benefits | Employee Benefits | Life Insurance

September 21, 2009

10 Ways to Lower Your Taxes

Make these moves now to help you shrink your tax liability next spring.

See More On: Tax Breaks | Tax Breaks

September 17, 2009

Employer-Sponsored Health Coverage Costs Rising

Here's what else to expect when you get your employer's open-enrollment packet in the next month or so and how to cope with changes in your benefits.

See More On: Employee BenefitsEmployee Benefits

September 14, 2009

More Roth Rollover Answers

The questions keep rolling in about converting traditional IRAS to Roths.

See More On: Roth IRAs | Saving for Retirement | Tax Planning

September 11, 2009

The New Roth Rollover Rules Explained

Kimberly Lankford answers readers' questions about the new rules that take effect in 2010.

See More On: Roth IRAs | Tax Planning | Saving for Retirement

September 8, 2009

What's Behind the Death-Panel Hype?

The legislation that sparked the controversy actually says nothing about death panels or having anyone other than the patient control end-of-life decisions.

See More On: Health Care & InsuranceHealth Care & Insurance

September 3, 2009

Taxes on Kids' Summer Income?

<p>Your child will have to file a tax return next spring if he or she earned over a certain amount.</p>

See More On: Tax Planning | Tax Planning

August 27, 2009

How You Can Use 529-Plan Money

Funds from a college-savings account can cover tuition, fees, books and some lesser-known expenses.

See More On: 529 Plans | College Rankings

August 24, 2009

How to Check an Insurer's Complaint Record

You need to know how an insurance company handles claims before buying a policy from it.

See More On: Auto Insurance | Auto Insurance | Health Care & Insurance

August 20, 2009

Insurance Needs for Military Families

You have special needs -- especially when deployed -- but you also have some special benefits.

See More On: Auto Insurance | Auto Insurance | Health Care & Insurance

August 17, 2009

Kids, College and Insurance

You may need to make adjustments to your policies to make sure your child is covered when he or she goes to school.

See More On: Auto Insurance | Auto Insurance | Health Care & Insurance

August 13, 2009

How Credit Score Affects Insurance Premiums

Your rates could rise if your credit score declines. Here's what you can do.

See More On: Auto Insurance | Auto Insurance

August 10, 2009

How Military Members Can Benefit From a Roth

The tax benefits of this IRA are hard to beat if you have tax-exempt deployment pay.

See More On: Roth IRAs | Saving for Retirement

August 6, 2009

New Credit-Card Rules Take Effect Soon

Starting August 20, card issuers will have to provide more disclosure of their rules and fees. Here's how cardholders will be affected.

See More On: Credit Cards | Credit Cards

August 3, 2009

Too Late to Get Cash for Your Clunker?

Congress has approved more funding for the government's Car Allowance Rebate System, you might score a better deal selling your gas guzzler on your own.

See More On: Buying & Leasing a Car | Buying & Leasing a Car

July 30, 2009

Expanded Education Benefits for Military Members

A bill that took effect August 1 gives veterans and active-duty members of the military more help paying for college.

See More On: Paying for CollegePaying for College

July 27, 2009

Get the Best Rate on Health Insurance

Before you apply for coverage, make sure that your medical records are accurate and that you have any conditions under control.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

July 23, 2009

Guard Against Job-Search Scams

Here's a rundown of some of the common schemes and what you can do to protect yourself.

See More On: Careers | Careers

July 20, 2009

Early-Warning Signs of Credit Trouble

Consider getting help from a credit-counseling agency if any of these five situations apply to you.

See More On: Getting Out of Debt | Getting Out of Debt

July 16, 2009

Tax Rules for the Self-Employed

It's up to you to figure out how much you owe Uncle Sam and make payments each quarter.

See More On: Tax Planning | Business Costs & Regulation | Small Business

July 13, 2009

How to Tap an IRA for a Home Purchase

You can withdraw up to $10,000 penalty-free to buy or build a first home, but make sure you know the rules.

See More On: IRAs | Buying & Selling a Home

July 10, 2009

How Annuities Are Taxed

The rules vary based on the type of annuity and how you take the money.

See More On: Annuities | Annuities

July 7, 2009

Roth IRA Rules for Married Couples

If you recently tied the knot, your combined income may make this tax-advantaged retirement account off-limits for you.

See More On: Roth IRAs | Saving for Retirement

July 2, 2009

Social Security Payments Could Shrink for Some

Because Social Security won't provide a cost-of-living adjustment next year and Medicare Part B premiums likely will rise, some retirees will get smaller checks.

See More On: Social Security | Making Your Money Last

June 29, 2009

Incentives for Car Buyers

The economic-stimulus package provides a tax break, dealers have bargains, and the government's "cash for clunkers" program offers vouchers to help people buy more fuel-efficient vehicles.

See More On: Buying & Leasing a CarBuying & Leasing a Car

June 25, 2009

How to Minimize Long-Term-Care Premiums

Choosing the right benefit period plays a big role in how much you'll pay for coverage.

See More On: Long-Term Care Insurance | Long-Term Care Insurance | Leisure Spending

June 22, 2009

How to Cope With Rising Life Insurance Rates

Shop around soon because some insurers haven't hiked term life premiums yet.

See More On: Life Insurance | Life Insurance

June 18, 2009

Health Savings Account Rules for Retirees

You can't contribute to an account, but you still can use the money.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

June 15, 2009

A Better Deal on Balance Transfers

A new law means that you won't have to go through complicated maneuvers to benefit from a low balance-transfer rate.

See More On: Credit Cards | Credit Cards

June 11, 2009

What to Look for in a Medigap Policy

See which plan provides the best coverage then shop based on price.

See More On: MedicareMedicare

June 9, 2009

A Tax Break for Sending the Kids to Camp

You can claim the dependent-care tax credit for the cost of day camp if your children are younger than 13 and you're sending them to camp so you can work or look for work.

See More On: Tax BreaksTax Breaks

June 5, 2009

Grab a Deal on a GM Vehicle?

Since General Motors filed for Chapter 11 bankruptcy on June 1, is this a good time or bad time to buy a GM car?

See More On: Buying & Leasing a CarBuying & Leasing a Car

June 1, 2009

Is a Roth IRA in Your Future?

New rules allow anyone to convert from a traditional IRA to a Roth IRA starting next year. Here's what you need to know about how and why to make the switch.

See More On: Roth IRAs | Saving for Retirement

May 27, 2009

Strategies for Your 529 When Tuition Is Due

If you need to pay college bills this fall, you can make some key moves in your college-savings account to help stretch your money and maximize your tax breaks.

See More On: 529 Plans529 Plans

May 21, 2009

3 Things to Avoid When Trying to Cut Health Costs

If you're looking for ways to trim health-insurance expenses, don't make these mistakes that actually could cost you more money.

See More On: Health Care & InsuranceHealth Care & Insurance

May 18, 2009

Variable Annuities With Guarantees Lose Appeal

Many insurers have altered their payout guarantees and raised their fees as a result of the market meltdown.

See More On: Annuities | Annuities

May 14, 2009

What You Need to Know About the Thrift Savings Plan

As the federal government becomes a good source of jobs, more people are likely to be introduced to this retirement-savings account for federal employees.

See More On: BankingBanking

May 11, 2009

Health Insurance for New Grads

In many states, adult children can stay on their parents' policies.

See More On: Health Care & Insurance | College Rankings | Health Care & Insurance

May 7, 2009

A Break in '09 for Withdrawals From Inherited IRAs

Heirs who are currently taking mandatory distributions for five years now get six years to take out the money.

See More On: IRAs | Making Your Money Last

May 4, 2009

Tax Breaks for Refinancing

Make sure you don't overlook these write-offs if you refinance your mortgage.

See More On: Tax Breaks | Tax Breaks

April 30, 2009

How Much Long-Term-Care Coverage Do You Need?

Start by finding out the average cost of care where you live. A just-released study by insurer Genworth makes that easy.

See More On: Long-Term Care Insurance | Long-Term Care Insurance | Making Your Money Last

April 23, 2009

Mortgage Crisis Fuels Scams

Although legitimate help is available, some mortgage-restructuring scams could cost you your house and more. We show you how to spot the real deal.

See More On: Scams | Buying & Selling a Home

April 20, 2009

Get a Head Start on Next Year's Taxes

Take these five steps now to shrink your tax bill and make the process easier in 2010.

See More On: Tax PlanningTax Planning

April 16, 2009

What Happens to Your HSA if You're Laid Off

The money in a health savings account remains yours even after you lose or leave your job.

See More On: Employee BenefitsEmployee Benefits

April 13, 2009

Where’s My Refund?

Most people should expect to get their money three to six weeks after filing their return.

See More On: Tax Prep & FilingTax Prep & Filing

April 9, 2009

5 Last-Minute Ways to Boost Your Retirement Savings

You still have time to contribute to an IRA for 2008.

See More On: Saving for Retirement | Saving for Retirement

April 6, 2009

7 Misconceptions About the Stimulus

Here's what you need to know about the new law that increases take-home pay for workers and provides relief for the unemployed and home buyers.

See More On: PoliticsPolitics

April 2, 2009

What Happens to Your FSA If You're Laid Off

You usually have to spend money in your flexible spending account before you lose your job.

See More On: Employee BenefitsEmployee Benefits

March 30, 2009

Do You Qualify for Housing Help?

You may be eligible for the government's new programs that provide refinancing and loan modification.

See More On: Buying & Selling a Home | Buying & Selling a Home

March 26, 2009

Tax Write-Off for Madoff Victims

The IRS has eased its rules a little to help taxpayers who lost money in Bernie Madoff's Ponzi scheme.

See More On: ScamsScams

March 23, 2009

The 2008 Versus '09 Credit for Home Buyers

There are several differences between these tax breaks for new homeowners.

See More On: Tax Breaks | Tax Breaks | Buying & Selling a Home

March 16, 2009

May We See ID, Please

Many hotels now ask to make a copy of a driver's license at check-in. Here's how to ensure your identification is safe.

See More On: Scams | Scams

March 12, 2009

How to Suspend Retirement Account Payouts

You don't have to take required minimum distributions from an IRA or 401(k) this year -- so let your account manager know if you want automatic withdrawals to stop.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last

March 9, 2009

Watch Out for Stimulus Scams

If you see ads promising big stimulus-related checks that seem too good to be true, they probably are.

See More On: Scams | Scams

February 26, 2009

Guaranteed-Interest Accounts for Military Members

If you're deployed in certain combat zones, you can deposit money in an account that earns 10% a year.

See More On: BankingBanking

February 23, 2009

Get COBRA Coverage for Less

The stimulus law provides a subsidy to help workers who lost their jobs pay for this expensive health-insurance option.

See More On: Health Care & InsuranceHealth Care & Insurance

February 16, 2009

How the Stimulus Helps Laid-Off Workers

The legislation provides help with health-insurance bills and bigger unemployment benefits.

See More On: CareersCareers

February 11, 2009

What You Need to Know About Unemployment Benefits

Here's how you qualify and start collecting checks.

See More On: Careers | Careers

February 2, 2009

Check an Insurer's Complaint Record

Here's how to find out if a company does a good job of paying claims.

See More On: ScamsScams

January 29, 2009

Three Health Insurance Mistakes to Avoid

Don't pay more than you have to if you have a high-deductible plan and health savings account.

See More On: Health Care & InsuranceHealth Care & Insurance

January 22, 2009

Who Has to Take an IRA Distribution in '09

The break doesn't apply to people who have until April to make their 2008 required withdrawals.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last

January 15, 2009

Are Stable-Value Funds Safe?

For the first time ever, one of these funds lost money. But it doesn't mean widespread problems.

See More On: Mutual Funds | Mutual Funds

January 2009

Think Twice Before Cashing Out Your Annuity

It may be tempting to switch out of an annuity that has lost money over the past several years, but that may be exactly the reason you may want to keep it.

See More On: Annuities | Annuities

January 2009

When Your Employer Stops Matching 401(k) Contributions

My employer is no longer matching any of my 401(k) contributions. Can I roll the savings in my 401(k) into an IRA?

See More On: 401(k)s401(k)s

December 29, 2008

Lessons Learned From 2008

To weather the financial storm, you turned to us with your questions. Here's some of our best advice to give you a head start in 2009.

See More On: Financial PlanningDividends

December 22, 2008

How to Sell Worthless Stock

If you own shares that still technically are trading but nobody's buying them, your broker may take them off your hands so you can deduct the loss.

See More On: Stocks & BondsStocks & Bonds

December 19, 2008

Tax Toolkit for the Self-Employed

Here are the forms you need to file and the deductions you can take if you did freelance work or started a small business this year.

See More On: Tax Prep & Filing | Tax Prep & Filing

December 14, 2008

Hold Off on Your IRA Distribution

Don't take your required payout yet because the government might change the rules for 2008.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last

December 11, 2008

Work and Still Get Social Security

You might not jeopardize your benefits if you get a job after retiring. Here are the rules.

See More On: Social Security | Making Your Money Last

December 8, 2008

Strategies to Stretch Retirement Savings

Here's what you need to know about contributing to Roth IRA for yourself or a spouse if you return to work after retiring.

See More On: Making Your Money Last | Making Your Money Last

December 1, 2008

Convert Now to a Roth IRA?

You could come out ahead by switching now or waiting until next year. Here's how to hedge your bets.

See More On: Roth IRAsRoth IRAs

November 26, 2008

Get Your Fair Share When a Company Goes Broke

Here's what happens if you buy a gift card or make a down payment with a retailer that files for bankruptcy this season.

See More On: Leisure SpendingLeisure Spending

November 24, 2008

How to Lower Your Adjusted Gross Income

You can take advantage of more tax breaks and a Roth IRA when your AGI falls below certain levels.

See More On: Tax Prep & FilingTax Prep & Filing

November 20, 2008

Keeping Health Coverage After a Job Loss

A federal program lets you stay on your employer's insurance plan, but you might be able to find a better deal on your own.

See More On: Health Care & Insurance | Health Care & Insurance | Health Care & Insurance

November 17, 2008

What Happens If Your Employer Goes Broke?

You might still get health and retirement benefits depending on the type of bankruptcy protection for which it files.

See More On: Employee BenefitsEmployee Benefits

November 13, 2008

When Your Medicare Advantage Plan Is Discontinued

You'll get coverage under traditional Medicare, but it's better to consider all your options to find the best deal.

See More On: MedicareMedicare

November 10, 2008

How to Get a Holiday Job

If you know where to look and can work flexible hours, you can earn extra cash to buy gifts or pay down debt.

See More On: CareersCareers

November 6, 2008

Get the Best Deal on Health Insurance

Employees who get coverage through work should compare all the plans offered by their employers. Here's what to look for.

See More On: Health Care & InsuranceHealth Care & Insurance

November 3, 2008

The Upside of a Lower Income

If you lost your job this year, you may now qualify for several tax breaks you couldn't get when you earned more money.

See More On: Tax BreaksTax Breaks

October 30, 2008

Stable Funds for Volatile Times

Stable-value funds are a lot less risky than stocks, but be a little skeptical in this market of any promise of 100% stability.

See More On: Mutual Funds | Mutual Funds

October 27, 2008

5 Questions to Ask Your Financial Planner

Find out how he or she stacks up during these volatile times.

See More On: Wealth Management | Wealth Management

October 22, 2008

TransUnion Settlement Update

The court has to deal with appeals before millions can start receiving free credit monitoring. Plus: Who still is buying Lehman stock.

See More On: Credit Reports & Scores | Credit Reports & Scores

October 20, 2008

5 Things Retirees Should Do Now

Follow these steps to make sure you have enough money.

See More On: Making Your Money Last | Making Your Money Last

October 15, 2008

More Answers to Your Financial-Crisis Questions

Kimberly Lankford details the risks of ditching an AIG annuity, explains why it's still a good idea to invest in your 401(k), warns about e-mail scams related to recent bank failures and more.

See More On: Financial PlanningEconomic Outlooks

October 13, 2008

Don't Miss the Roth Recharacterization Deadline

If you converted a traditional IRA to a Roth last year and watched your account balance plummet, you can save big on taxes if you undo the conversion.

See More On: IRAsIRAs

October 8, 2008

Your Financial-Crisis Questions Answered

From home foreclosures to safeguarding your retirement account, here's what you need to know.

See More On: Financial PlanningEconomic Outlooks

October 6, 2008

How the Rescue Plan Helps Taxpayers

Recently passed legislation that aims to rescue the financial market also provides several tax breaks for regular folks.

See More On: Tax BreaksEconomic Outlooks

October 2, 2008

How Mutual Fund Assets Are Protected

There are several safeguards to insure your money is safe if a fund-management company goes bankrupt.

See More On: Mutual FundsMutual Funds

September 28, 2008

What the WaMu Collapse Means for Its Customers

Their money is safe and it will be business as usual as JP Morgan Chase takes over their accounts.

See More On: Banking | Banking

September 22, 2008

When You Can't Afford Your Insurance Deductible

Many homeowners are discovering that the deductible on their homeowners policy is a percentage of their house's value -- not a flat $500 or $1,000. Here's how to come up with the cash.

See More On: Home Insurance | Home Insurance

September 17, 2008

What the AIG Bailout Means for You

Policy and annuity owners, don't panic -- there are several layers of protection for you.

See More On: AnnuitiesAnnuities

September 15, 2008

Why You Need Disability Insurance

Even if your employer provides coverage for you, it might not be enough.

See More On: Health Care & InsuranceHealth Care & Insurance

September 10, 2008

The Fannie-Freddie Takeover and Mortgage Rates

Now is a good time for people to refinance out of an adjustable-rate mortgage into a fixed-rate loan.

See More On: Mortgages & Refinancing | Buying & Selling a Home

September 8, 2008

A Catch to Balance-Transfer Deals

That special low rate credit-card companies offer usually only lasts for a short time, doesn't apply to new charges and sometimes comes with a big fee.

See More On: Credit Cards | Credit Cards

September 4, 2008

Tax Write-Offs for Job-Hunting Expenses

You might be able to deduct some of the costs of finding new employment.

See More On: Tax BreaksTax Breaks

September 2, 2008

Make Sure Your College Student Is Covered

Your insurance policies might not provide your child the coverage he needs while away at school.

See More On: Home InsuranceHome Insurance

August 27, 2008

A Tax Write-off for Storm Damage

Victims of Tropical Storm Fay might be able to deduct losses that aren't reimbursed by insurance.

See More On: Tax BreaksTax Breaks

August 25, 2008

How to Find a Lost Savings Bond

Even if you don't know how many you had, when you got them or what kind they were, you may still be able to track down missing U.S. savings bonds.

See More On: Stocks & BondsStocks & Bonds

August 21, 2008

No Tax Deduction for Roth Contributions

You'll get plenty of other tax benefits, though, if you save for retirement in a Roth IRA.

See More On: Roth IRAs | Saving for Retirement

August 18, 2008

Direct-Sold Vs. Adviser-Sold 529 Plans

It's generally best to invest in your own state's 529 plan if you can get an income-tax deduction for your contributions

See More On: 529 Plans529 Plans

August 14, 2008

Deducting Long-Term Care Premiums

You can take advantage of this write-off if you itemize and your expenses exceed a certain amount.

See More On: Long-Term Care Insurance | Long-Term Care Insurance | Tax Breaks

August 11, 2008

Changes at Fairholme Fund

A reader wants to know whether to dump this fund, which recently underwent changes.

See More On: Mutual Funds | Mutual Funds

August 6, 2008

Who Gets Mom and Dad's Stock?

If parents don't designate beneficiaries for their investments, their wills or the state will determine who inherits the assets.

See More On: Estate Planning | Estate Planning

August 4, 2008

Make Sure Your Adviser Is Legit

Here's how to find out whether your financial adviser is licensed and what products he or she is allowed to sell.

See More On: Wealth Management | Wealth Management

July 30, 2008

Undoing a Roth Conversion

Sometimes it pays to put your money back into a traditional IRA.

See More On: Roth IRAsRoth IRAs

July 28, 2008

Writing Off Roth Losses

The rules are tricky, and you probably won't be able to deduct as much as you think.

See More On: Tax BreaksTax Breaks

July 23, 2008

Track Down Extra Money From the Government

States hold billions of dollars of unclaimed property, and the IRS is sitting on millions in undeliverable refund checks. Some might belong to you.

See More On: Making Your Money LastMaking Your Money Last

July 21, 2008

Is Your Brokerage Account Safe?

Most investors have several layers of protection if the firm that holds their stocks, bonds and other assets goes under.

See More On: BankingBanking

July 16, 2008

Is My Bank Safe?

Here's how to know whether your money still will be there if your financial institution fails.

See More On: Banking | Banking

July 14, 2008

Inheriting Worthless Stock

Are you the heir to shares of a failed company? There may still be time to take a loss on stock that no longer holds value.

See More On: Estate PlanningEstate Planning

July 10, 2008

Calculate Your Eligibility for a Roth IRA

Here's how to figure out if you qualify to contribute to this tax-advantaged retirement savings vehicle.

See More On: Roth IRAs | Saving for Retirement

July 7, 2008

How to Avoid Taxes on Your IRA

Watch for Congress to reinstate this break soon: Giving your IRA distribution to charity could allow you to skip the income tax.

See More On: IRAsIRAs

July 2, 2008

The Lowdown on the Thrift Savings Plan

The military's retirement-savings program is a great way to build a nest egg and can be rolled into an IRA.

See More On: Saving for Retirement | Saving for Retirement

June 30, 2008

Get Free Credit-Monitoring Services

Most adults will be able to take advantage of this offer from TransUnion as part of the credit bureau's settlement for violating the Fair Credit Reporting Act.

See More On: Credit Reports & Scores | Credit Reports & Scores

June 22, 2008

Seniors and Vets: Claim Your Rebates

It's not too late for millions of retirees and disabled veterans who didn't file a tax return to send in their forms and get a stimulus check.

See More On: Tax BreaksTax Breaks

June 18, 2008

Can You Count on the Tuition Deduction?

We expect Congress to renew this expired write-off for 2008. But see if you qualify for a Hope or Lifetime Learning credit first.

See More On: Tax BreaksTax Breaks

June 16, 2008

Why You Need Flood Coverage

Your homeowners policy won't protect you if you're a victim of flooding -- but the federal government's program will.

See More On: Home InsuranceHome Insurance

June 11, 2008

Helping Your Children Pay for Grad School

Giving them money before they apply for student loans could hurt their chances of getting funding.

See More On: Paying for CollegePaying for College

June 9, 2008

Dependent-Care Money Okay for Pre-K

Cash you set aside through work for child-care expenses can be used for any care before kindergarten.

See More On: Tax BreaksTax Breaks

June 4, 2008

When Your Retirement Accounts Take a Hit

Don't panic if your balances have shrunk during the market's recent gyrations.

See More On: Saving for Retirement | Saving for Retirement

June 2, 2008

John Hancock Long-Term Care Policy Rates May Rise

If it gets approval, the insurer will increase premiums on some existing policies for the first time ever.

See More On: Long-Term Care InsuranceLong-Term Care Insurance

May 27, 2008

Which College Accounts to Tap First

The order you dip into a 529, custodial or other account to pay tuition depends on your tax situation.

See More On: Paying for CollegePaying for College

May 21, 2008

Guard Against ID Theft While Deployed

If you're on military active duty, take these steps to make sure your personal information doesn't end up in the wrong hands.

See More On: Scams | Scams

May 19, 2008

Ditch These Medicare-Supplement Plans

Plans H, I and J aren't such good deals any more. You'll get better coverage at a better price from Medicare Advantage of Medicare Part D.

See More On: MedicareMedicare

May 15, 2008

Health Savings Account Contribution Rules

You can't continue putting money into an HSA if you no longer have a high-deductible health insurance policy.

See More On: Health Care & InsuranceHealth Care & Insurance

May 12, 2008

Don't Tap Your 401(k) for a Down Payment

Withdrawing money from your retirement account to buy a house has several drawbacks.

See More On: LoansBuying & Selling a Home

May 8, 2008

Taxes on 401(k) and IRA Withdrawals

The rates are the same, but the amount of money that is taxed depends on whether you made pre-tax or after-tax contributions to your accounts.

See More On: Making Your Money LastMaking Your Money Last

May 5, 2008

Is This Fund Worth the Fee?

To purchase newly reopened Dodge & Cox Stock fund, you'll have to pay a $75 transaction fee if you don't buy it directly.

See More On: Mutual FundsMutual Funds

May 2, 2008

The Taxing Side of IRA Conversions

How much you owe Uncle Sam when you convert a traditional IRA to a Roth depends on whether your contributions were tax deductible.

See More On: IRAsIRAs

April 28, 2008

Watch out for American Depositary Receipt Fees

Some brokerages charge you extra when you invest in shares of foreign companies.

See More On: Foreign Stocks & Emerging MarketsForeign Stocks & Emerging Markets

April 23, 2008

Teens Can Contribute Summer-Job Money to a Roth

Earned income, no matter how small, can go a long way in one of these tax-advantaged retirement accounts.

See More On: Roth IRAs | Saving for Retirement

April 21, 2008

High Limits on 529 Plan Contributions

Most states let you stash as much as you want into their college-savings plans, but watch out for gift-tax limits.

See More On: 529 PlansPaying for College

April 16, 2008

My Wallet Was Stolen. Now What?

Act quickly to prevent fraudulent charges on your accounts and to protect your identity.

See More On: Family Finances | Family Finances

April 14, 2008

Handling Debt After a Divorce

Don't rely on a former spouse to pay a loan that's in both of your names -- your credit report will suffer if he or she is delinquent.

See More On: Getting Out of Debt | Getting Out of Debt

April 9, 2008

You Need Earned Income for an IRA

If your only source of income is unemployment compensation, you can't contribute to an IRA.

See More On: IRAs | Saving for Retirement

April 7, 2008

Market Value Versus Insurance Value

Your insurer may calculate the cost of rebuilding your home at much lower price than it would fetch on the market. Here's why.

See More On: Home InsuranceHome Insurance

April 3, 2008

What Are Qualified Educational Expenses?

To use money from a 529 plan tax free or to receive the Hope or Lifetime Learning tax credits, you need to know which college-related costs are eligible.

See More On: Tax PlanningTax Planning

March 26, 2008

Lower Your Medicare Premiums

What you pay for Part B coverage is based on your 2006 income. If it's dropped since then, you may be able to get lower rates.

See More On: Medicare | Leisure Spending

March 24, 2008

Don't Settle for Low Yields

If your brokerage sweep account has a paltry interest rate, make the effort to move your cash into higher-yielding funds.

See More On: Mutual FundsMutual Funds

March 19, 2008

Qualifying for a Health Savings Account

You don't have to have earned income -- just a high-deductible health insurance policy -- to sign up for one of these tax-advantaged accounts.

See More On: Health Care & InsuranceHealth Care & Insurance

March 17, 2008

Diversify Your College Savings

You don't have to limit yourself to just one account. Consider investing in both a prepaid tuition plan and a 529 plan.

See More On: Paying for CollegePaying for College

March 12, 2008

Taking Required 401(k) Distributions

Mandatory withdrawals aren't just for IRAs. Once you retire and reach a certain age, you have to withdraw money from employer-sponsored retirement plans.

See More On: 401(k)s | Making Your Money Last

March 6, 2008

Fraud Alert vs. Credit Freeze

Both of these allow you to protect your personal information, but one is more foolproof.

See More On: Credit Reports & Scores | Credit Reports & Scores

March 3, 2008

Don't Miss This Deduction

If you had to relocate for a job, you might be able to write off your moving expenses.

See More On: Tax BreaksTax Breaks

February 27, 2008

Missing Payments While on Military Deployment

Many companies have special rules that let members of the military suspend payments without penalty.

See More On: Getting Out of DebtGetting Out of Debt

February 25, 2008

How to Deduct Theft Losses

It can be tough to qualify for this tax write-off. Here's what you need to know.

See More On: Tax Prep & FilingTax Prep & Filing

February 18, 2008

Calculating Your Asset Allocation

Own a lot of mutual funds? Here's how to figure out what percentage of your investments is in stocks vs. bonds.

See More On: Financial PlanningSaving Money

February 7, 2008

When You Can't Get Health Insurance

You might be able to get coverage through your state's high-risk pool if insurers are turning you down because of your medical conditions.

See More On: Health Care & InsuranceHealth Care & Insurance

February 3, 2008

How Marriage Affects Tax Status

Even if you tied the knot December 31, you would have to file your 2007 return as a married couple.

See More On: Tax Prep & FilingTax Prep & Filing

January 31, 2008

Help Your Kids Save for Retirement

You can contribute to an IRA for your child as long as he or she has earned income.

See More On: Saving for Retirement | Saving for Retirement

January 28, 2008

Qualifying for the Retirement Saver's Tax Credit

Low-income taxpayers who contribute to a retirement account can benefit from this write-off.

See More On: Tax BreaksTax Breaks

January 24, 2008

Missing Credit Information

Kim Lankford helps a reader repair her credit score after she discovered her credit report was missing years of her credit history.

See More On: Credit Reports & Scores | Credit Reports & Scores

January 21, 2008

Exceeding the Roth Income Limit

Here's how to avoid penalties if you contributed to a Roth IRA last year then discovered you made too much money to do so.

See More On: Roth IRAsRoth IRAs

January 17, 2008

Contribute to an IRA for Your Spouse

Boost retirement savings by opening and funding an account for a non-working spouse.

See More On: IRAs | Saving for Retirement

January 14, 2008

Don't Sweat Small Credit-Report Errors

If you're about to apply for financing and your score already is high, wait to fix any minor mistakes on your report.

See More On: Credit Reports & Scores | Credit Reports & Scores

January 10, 2008

When to Take Required IRA Distributions

Once you reach a certain age, you have to withdraw money from your account or face a penalty.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last

January 7, 2008

Deducting Student-Loan Interest

You don't have to itemize to get this tax write-off, which may be available to you even if your parents paid the loan.

See More On: Tax BreaksTax Breaks

January 3, 2008

Which Tax Records to Keep

Hang on to tax returns forever, but ditch old documents you no longer need.

See More On: Tax Prep & FilingTax Prep & Filing

December 24, 2007

6 Moves for a Prosperous New Year

Smart things to do now to get your finances on track for 2008.

See More On: Saving MoneySaving Money

December 20, 2007

Average Joe on a Fund Board?

Most investors likely can't land a seat on a mutual fund's board of directors but can influence decisions by attending shareholder meetings.

See More On: Mutual FundsMutual Funds

December 17, 2007

SEP vs. Solo 401(k)

The best choice for you depends on your self-employment income for the year.

See More On: Saving for Retirement | Saving for Retirement

December 13, 2007

What Does That Medicare Plan Really Offer?

This is the perfect time to research options because it's open enrollment season.

See More On: MedicareMedicare

December 10, 2007

Take Advantage of Rewards Cards

If you don't carry a balance and aren't worried about interest rates, shop for other credit-card features instead.

See More On: Credit Cards | Credit Cards

December 6, 2007

Coping With High Medicare Premiums

If your income spiked in 2006, you'll pay more in 2008 for Part B medical coverage.

See More On: MedicareMedicare

December 3, 2007

Divorce and the FAFSA

The federal college aid formula considers only the finances of the custodial parent.

See More On: Paying for College | Paying for College

November 29, 2007

Lower Your Credit-Card Rates

One reader shares his strategy for successfully getting three major card companies to roll back rate increases on his cards.

See More On: Credit Cards | Credit Cards

November 26, 2007

The Safe Way to Shop Online

Follow these tips to protect yourself from identity theft when using the Web this holiday season.

See More On: ScamsScams

November 19, 2007

When Grandparents Pay the College Bills

Grandma and Grandpa can't claim a tax credit for covering the tuition of a child who is not their dependent.

See More On: Tax PlanningTax Planning

November 15, 2007

Are E-Trade Accounts Still Safe?

There are several safeguards in place to protect your money if your broker goes bust.

See More On: BankingBanking

November 12, 2007

Coping With Credit-Card Rate Increases

You have a few options if your card issuer unexpectedly raises your rate.

See More On: Credit Cards | Credit Cards

November 8, 2007

Rolling Over Into a Roth

Starting next year, you can roll 401(k) money directly into a Roth IRA without going through a traditional IRA first.

See More On: Roth IRAs | Saving for Retirement

November 5, 2007

Medicare Premiums to Increase

Expect to pay more next year for the government's Part B medical coverage.

See More On: MedicareMedicare

November 1, 2007

Put Teen Drivers on Your Policy

Usually you'll pay a lot more if you buy your children their own auto insurance.

See More On: Auto InsuranceAuto Insurance

October 29, 2007

Selling a Home After a Spouse's Death

You will be limited to $250,000 of tax-free profit, not the full $500,000 a couple would get.

See More On: Buying & Selling a HomeBuying & Selling a Home

October 22, 2007

Unpaid Bills and Your Credit Score

Your score will take a major hit if your credit report has a collection account on it.

See More On: Credit Reports & Scores | Credit Reports & Scores

October 18, 2007

How to Check Out an Adviser

Before hiring someone to handle your money, conduct thorough research into that person's professional background.

See More On: Financial PlanningFinancial Planning

October 15, 2007

Borrow from a 401(k) for College?

There are better ways to pay for your children's higher education than to raid your retirement account.

See More On: 401(k)s401(k)s

October 10, 2007

Medicare Drug-Plan Premiums to Rise

You don't have to be stuck with a big increase. Here's how to find the best coverage at the best price.

See More On: MedicareMedicare

October 8, 2007

Don't Close Credit-Card Accounts

Keep old cards open to show a good history of managing credit and to keep the amount of available credit high to help your credit score.

See More On: Credit Cards | Credit Cards

October 4, 2007

When a Bank Closes

The recent failure of NetBank shows how well the Federal Deposit Insurance Corporation can work -- and how important it is that your accounts don't exceed FDIC limits.

See More On: Banking | Banking

October 1, 2007

Income Limits on Roths to Change

The law will allow higher-income people to convert their traditional IRAs to a Roth in 2010 and spread the tax bill over two years.

See More On: Roth IRAs | Saving for Retirement

September 24, 2007

How a Spousal IRA Works

You don't have to stop saving for retirement just because you stopped working. Your husband or wife can contribute to an account for you.

See More On: IRAs | Saving for Retirement

September 20, 2007

How to Find Low-Priced Drugs

Changes to some employer-sponsored health insurance plans are making it more expensive to get prescription drugs. So here are ways to keep down costs.

See More On: Health Care & InsuranceHealth Care & Insurance

September 17, 2007

Tax Breaks for Home Improvements

You might be able to write off some of the cost of installing energy-efficient windows or other fixtures.

See More On: Tax BreaksTax Breaks

September 13, 2007

Check Your Health Coverage

Your employer-sponsored benefits may have changed, so examine all your options this open-enrollment season.

See More On: Health Care & InsuranceHealth Care & Insurance

September 10, 2007

Social Security for the Divorced and Widowed

You'll have to meet certain requirements and answer several questions before you can claim a former spouse's benefits.

See More On: Social Security | Making Your Money Last

September 6, 2007

Health Insurance for College Students

Your child might be better off remaining on your policy rather than switching to the school's plan.

See More On: Health Care & InsuranceHealth Care & Insurance

September 3, 2007

Fix an Adjustable-Rate Mortgage

You can refinance into a fixed-rate mortgage if your credit is good.

See More On: Mortgages & Refinancing | Buying & Selling a Home

August 30, 2007

The Right Rewards Card

A reader asks for help finding a credit card that offers rewards and can be used overseas without fees.

See More On: Credit Cards | Credit Cards

August 27, 2007

Ensure Your Accounts Are Safe

If you have a CD, savings account or other deposit account at a bank with shaky financial footing, you need to be careful of the FDIC limits.

See More On: Banking | Banking

August 23, 2007

How to Track Down Insurance Policies

You might have to do some detective work to find a deceased family member's policy and collect benefits.

See More On: Life InsuranceLife Insurance

August 20, 2007

Cell Phone Taxes Explained

If you think charges on your bill are a mistake, question your provider as Kim Lankford helped one reader do.

See More On: TechnologyTechnology

August 16, 2007

Faulty 401(k) Advice

It's wise to question any recommendations about your retirement account that don't seem to make sense.

See More On: 401(k)s | Saving for Retirement

August 13, 2007

Lenders and Your Credit Score

Credit scores come in several versions, so it's important to check all of them before applying for a loan.

See More On: Credit Reports & Scores | Credit Reports & Scores

August 9, 2007

Avoid Being Rejected by Insurers

Do some research before you apply anywhere for health insurance to minimize the chance you'll get a rejection on your record.

See More On: Health Care & InsuranceHealth Care & Insurance

August 6, 2007

Don't Get Caught in a Value Trap

Watch out for cheap stocks that turn out to be stinkers.

See More On: Markets | Markets

July 30, 2007

Investing for a Child

You have lots of choices when it comes to saving for your kid's future. Find out which option is best for you.

See More On: Financial PlanningSaving Money

July 25, 2007

The Truth About Flood Insurance

Coverage still is affordable -- even after Hurricane Katrina -- a federal policy might not provide all the protection you need.

See More On: Home InsuranceHome Insurance

July 23, 2007

Marriage and Your Credit Score

Your spouse's bad history won't necessarily tarnish yours.

See More On: Credit Reports & Scores | Credit Reports & Scores

July 19, 2007

401(k) Catch-up Contributions

Even highly compensated employees, who might not be allowed to contribute fully to a 401(k), can chip in an extra $5,000 in their accounts.

See More On: 401(k)s | Saving for Retirement

July 16, 2007

Private Loans and Your Credit Report

If a mortgage from a friend or relative is set up through a loan administration company, it could show up on your record.

See More On: Credit Reports & ScoresCredit Reports & Scores

July 11, 2007

Who Can Deduct 529 Contributions

Whether you can get a tax write-off for putting money in a college-savings plan depends on the state in which you live.

See More On: 529 PlansPaying for College

July 5, 2007

Pros and Cons of Zero-Coupon Bonds

This isn't the investment for you if your retirement is years away.

See More On: Stocks & BondsStocks & Bonds

July 2, 2007

Beware the New Kiddie-Tax Rules

Changes to the law make more children with investment income subject to higher tax rates.

See More On: Tax PlanningTax Planning

June 28, 2007

Private Loans Won't Help Credit History

A loan from a relative won't show up on your credit report, so you'll have to take other steps to improve your record.

See More On: Credit Reports & Scores | Credit Reports & Scores

June 25, 2007

Credit Report Access Denied

Americans living overseas can't access their free credit report online. Here are the alternatives.

See More On: Credit Reports & Scores | Credit Reports & Scores

June 21, 2007

Taxes on Home-Sale Profits

You may not have to pay capital-gains taxes on your home-sale profits, even if you've lived in the house for just a few months.

See More On: Buying & Selling a HomeBuying & Selling a Home

June 14, 2007

Health Insurance for Early Retirees

Where can you find health insurance on your own before you're eligible for Medicare? And how much will it cost?

See More On: Health Care & InsuranceHealth Care & Insurance

June 11, 2007

Which College Savings to Tap First

Don't rush to your 529 account just yet. For school expenses this year, cash out taxable assets before a new law may apply higher tax rates to that money in 2008.

See More On: Paying for CollegePaying for College

June 7, 2007

Your Card Issuer Spies on You

Some companies check your credit report frequently so that they can raise your rate if you're late on another card.

See More On: Credit Cards | Credit Cards

June 4, 2007

Donate Stock or Cash to Charity?

When giving a gift, how your investment has fared will make a big difference on your taxes.

See More On: Tax Prep & FilingTax Prep & Filing

May 31, 2007

Benjamin Graham's Stock-Picking Strategies

Plenty of Web sites have stock screens based on methods established by the father of securities analysis.

See More On: Markets | Markets

May 29, 2007

How Credit Scores Affect Insurance Rates

More insurers now consider your credit score when setting your insurance rates, and others look at your score a lot more closely than they had in the past.

See More On: Health Care & InsuranceHealth Care & Insurance

May 24, 2007

Money Funds a Good Bet

If you want to boost your yield without a lot of risk, money-market funds make a lot of sense now.

See More On: Mutual Funds | Mutual Funds

May 17, 2007

Keep Records of Charitable Contributions

Don't miss out on valuable tax deductions by failing to record unreimbursed costs you've incurred while helping your church, synagogue or a nonprofit organization.

See More On: Tax Prep & FilingTax Prep & Filing

May 14, 2007

How to Dump Your PMI

Lenders usually have to drop private mortgage insurance when your equity hits 22% of your home's value. But sometimes it's not that clear cut.

See More On: Mortgages & RefinancingMortgages & Refinancing

May 10, 2007

Don't Rush to Roll Over a 401(k)

If you're 55 when you leave a job, it might not be a good idea to transfer your retirement account funds to an IRA.

See More On: 401(k)s | Making Your Money Last

May 7, 2007

Social Security and Divorce

If you and your spouse split, you still might be entitled to a share of his or her benefits.

See More On: Social Security | Making Your Money Last

May 3, 2007

Roll Over an IRA to HSA?

A new law allows you to transfer funds from one account to the other, but it might not be the best move to make.

See More On: IRAs | Saving for Retirement

April 30, 2007

Don't Worry About Subprime Woes

If you have a mortgage with bankrupt lender New Century, you probably won't feel much of an impact on your loan.

See More On: Loans | Buying & Selling a Home

April 26, 2007

Avoid Roth Withdrawal penalties

There are several requirements you must meet before taking earnings out of a Roth without being hit with fees and taxes.

See More On: Roth IRAs | Saving for Retirement

April 23, 2007

Scholarships and 529 Plans

You can withdraw up to the amount of your child's scholarship penalty free from a college savings account.

See More On: 529 Plans529 Plans

April 19, 2007

Closing Credit Card Accounts

You can't erase an account that wasn't in good standing from your credit report just by closing it.

See More On: Credit Cards | Credit Cards

April 16, 2007

Paying for Dad's Long-Term Care

You might have to help foot nursing-home bills if your parents aren't eligible for Medicaid.

See More On: Long-Term Care Insurance | Long-Term Care Insurance

April 12, 2007

Counseling Doesn't Hurt Credit Score

Getting help from a credit-counseling agency no longer is a strike against you.

See More On: Credit Reports & Scores | Credit Reports & Scores

April 9, 2007

Watch Out for Check Fraud

If you cash a questionable check and it bounces, you're responsible for making good on the loss.

See More On: Scams | Scams

April 5, 2007

Take Action Against Unscrupulous Brokers

There are several steps you can take if you're a victim of unsuitable investment sales or trades.

See More On: Wealth ManagementWealth Management

April 2, 2007

Your Student Loans Forgiven

You might not have to pay off your college debt if you are a teacher who meets certain criteria.

See More On: Student LoansPaying for College

March 29, 2007

Tax Questions and Answers

Kim Lankford responds to several readers questions related to taxes.

See More On: Tax Prep & FilingTax Prep & Filing

March 26, 2007

How to Deduct Long-Term Care Costs

You can write off assisted living expenses if you itemize and meet certain tests.

See More On: CaregivingCaregiving

March 22, 2007

Transfer Roth Funds to a 529?

It's usually not a good idea to tap your retirement account for college expenses -- but in some cases it makes sense.

See More On: 529 PlansPaying for College

March 19, 2007

Tax Credit vs. Deduction

If you have to choose one or the other, take the credit -- it's worth more.

See More On: Tax BreaksTax Breaks

March 15, 2007

Both Spouses Can Get Social Security Benefits

If both of you worked, you're both entitled to a payout.

See More On: Social Security | Making Your Money Last

March 12, 2007

Protect Your Financial Privacy

Don't toss those privacy policy notices from credit cards -- unless you want your personal information shared.

See More On: Family Finances | Family Finances

March 8, 2007

Retirement Account Contribution Limits

The amount you save in a 401(k) doesn't affect how much you can put into a Roth IRA or SEP IRA.

See More On: Saving for Retirement | Saving for Retirement

March 5, 2007

Why Your Credit Score Matters

Not only does it affect your mortgage rate but also less-obvious areas.

See More On: Credit Reports & Scores | Credit Reports & Scores

March 1, 2007

Excess Roth IRA Contributions

You have a couple of options if you discovered you topped the income limit for contributing to a Roth after you already stashed money in your account.

See More On: Roth IRAsRoth IRAs

February 26, 2007

Don't Miss the Tuition Deduction

You won't find a line on your tax return this year for the college tuition and fees deduction, but you still can claim this write-off.

See More On: Tax BreaksTax Breaks

February 22, 2007

Say No to Co-Signing

Helping someone get a loan can affect your credit score and your ability to borrow money.

See More On: Family Finances | Family Finances

February 19, 2007

Avoid 401(k) Withdrawal Penalties

An exception to the rules lets you tap your account before you are 59&#189;.

See More On: 401(k)s | Making Your Money Last

February 15, 2007

Earned Income Required for a Roth

You can open Roth at any age as long as you have wages from a job -- investment and pension income don't count.

See More On: Roth IRAs | Saving for Retirement

February 12, 2007

Dropped by Your Insurer?

If you file too many claims, your insurance company might cut off your coverage.

See More On: Home InsuranceHome Insurance

February 8, 2007

Schedule a Money Date

This is a great opportunity to have a nice night out with your significant other and discuss the big-picture financial issues.

See More On: BudgetingBudgeting

February 5, 2007

Benefits of Medicare Advantage

These private insurance plans provide more access to a bigger network of doctors now.

See More On: Medicare | Leisure Spending

February 1, 2007

Claiming Mom as a Dependent

Your parents must meet three tests before the IRS will let you take a deduction for the support you provide them.

See More On: Tax PlanningTax Planning

January 29, 2007

Worthwhile to Apply for Financial Aid

You might qualify for funding to help pay college bills -- even if you think your income is too high.

See More On: Paying for CollegePaying for College

January 25, 2007

Drawbacks of Taking Social Security Early

Your benefits will be reduced -- especially if you continue to work -- if you collect them before your normal retirement age.

See More On: Social Security | Making Your Money Last

January 22, 2007

Full Disclosure of 401(k) Fees

Ask your plan administrator for information about the fees you have to pay on your retirement account.

See More On: 401(k)s | Saving for Retirement

January 18, 2007

New HSA Rules

The law now lets you roll over IRA funds into a health savings account -- but there are limitations.

See More On: Health Care & InsuranceHealth Care & Insurance

January 15, 2007

Boost Savings With Catch-up Contributions

If you are 50 or older, you can stash extra cash in both a 401(k) and IRA.

See More On: Saving for Retirement | Saving for Retirement

January 11, 2007

Cut Your Property Tax

More than half of the nation's homes are assessed for too much, and a third of property-tax appeals succeed.

See More On: Tax BreaksTax Breaks

January 8, 2007

Tapping Your IRA for a House

You can't withdraw funds from your account penalty free to pay off a mortgage.

See More On: IRAs | Saving for Retirement

January 4, 2007

Proving a Child Has Income for a Roth

When a kid does informal jobs, keep good records of what is earned.

See More On: Roth IRAs | Saving for Retirement

December 28, 2006

Teach Kids the Value of Investing

Your children can see how their money will grow by picking stocks and funds that don't cost a lot to buy.

See More On: Saving MoneySaving Money

December 26, 2006

Lessons from Ask Kim's Mailbag

Kimberly Lankford says readers' questions have gotten a lot more sophisticated in the last decade and shares what topics are of most interest to you today.

See More On: Saving MoneySaving Money

December 19, 2006

Roll 401(k) Funds Directly to an IRA

Avoid penalties and taxes by having the check made to your new IRA administrator rather than to you.

See More On: 401(k)s401(k)s

December 11, 2006

The Value of Savings Bonds

Understanding how much your governement-issued bonds are worth can be confusing. Here's help.

See More On: Stocks & BondsStocks & Bonds

December 7, 2006

Assessing Donated Items' Value

Here's how to find out how much clothes you give to charity are worth so you can write off your contribution on your tax return.

See More On: Tax Prep & FilingTax Prep & Filing

December 4, 2006

Watch out for the Wash Sale Rule

If you sell a losing stock, you can't deduct the loss if you buy the same stock within 30 days of selling it.

See More On: Tax PlanningTax Planning

November 30, 2006

Dealing With Required IRA Distributions

If you don't withdraw the right amount of money -- and do so by the deadline -- you'll be hit with a big penalty.

See More On: Required Minimum Distributions (RMDs) | Making Your Money Last

November 27, 2006

Individual Health Insurance vs. Employee Coverage

Even though prices for employee health insurance have increased, you still will probably get a better deal from your employer than on your own.

See More On: Employee BenefitsEmployee Benefits

November 20, 2006

Roth Income Limits to Rise

Starting in 2007 you can earn more money and still be able to contribute to a Roth IRA.

See More On: Roth IRAs | Saving for Retirement

November 16, 2006

Simplifying SIMPLE IRA Rollovers

You should be able to transfer money directly from one employer's retirement savings account to another.

See More On: IRAs | Saving for Retirement

November 13, 2006

Check Your Credit Report

It's a good idea to get copies of your credit reports once a year -- and doing so won't hurt your credit score.

See More On: Credit Reports & Scores | Credit Reports & Scores

November 9, 2006

Ways to Contest Medicare Premiums

You might be able to get your Medicare Part B premiums recalculated.

See More On: Medicare | Leisure Spending

November 2, 2006

Six Wise Ways to Spend a Raise

It looks like I'll get a nice raise this year. What's the best way to use the money?

See More On: Careers | Careers

October 30, 2006

Last-Minute Retirement Saving

If retirement is approaching and you haven't saved much, there still is time amass a decent-sized nest egg.

See More On: Saving for Retirement | Saving for Retirement

October 26, 2006

Feeling the Shock of New Medicare Premiums

Part B premiums will be based on income next year. Here tips to lower your income and keep premiums under control.

See More On: MedicareMedicare

October 23, 2006

Minimize Your Drug Costs

Several strategies can help you lower the cost of medications when you come up against Medicare's prescription-drug coverage gap.

See More On: Health Care & Insurance | Making Your Money Last

October 12, 2006

Open a 529 with Little Money

I checked into a reputable investment firm, and the minimum to open a 529 account is $2,500. I do not have that much on hand to start the account. Can you point me in the right direction?

See More On: 529 Plans529 Plans

October 9, 2006

Get Credit for Saving

Who is eligible for the saver's tax credit?

See More On: Tax BreaksTax Breaks

October 5, 2006

Taxes on Gifts of Stock

My mother wants to give me some stock that she acquired many years ago. What would be my cost basis?

See More On: Tax PlanningTax Planning

October 2, 2006

Roll Your 401(k) Over to a Roth

I left my job and have $7,000 in a 401(k). Would be possible to pay the tax on the 401(k) and combine it with my Roth IRA?

See More On: 401(k)s401(k)s

September 28, 2006

Using Savings Bonds to Pay Tuition

I have some EE savings bonds that qualify for college tuition payments without being taxed. Are they tax-free for graduate school, too?

See More On: Paying for CollegePaying for College

September 25, 2006

Why 529s Make Sense

Both my children, ages 2 and 5, have mutual funds in custodial accounts, which I opened up soon after they were born. Should I transfer this money into 529 accounts?

See More On: 529 Plans529 Plans

September 21, 2006

Transfer IRA Distributions to Charity

I read that you can send your required minimum distribution from your IRA to a charity and not pay taxes on it. Can you also use this charitable contribution as a deduction if you itemize deductions?

See More On: IRAsEstate Planning

September 18, 2006

Limiting 401(k) Contributions

My company sets a contribution limit based on a percentage of my income, which makes my limit lower than $15,000. Can my company do this?

See More On: 401(k)s401(k)s

September 11, 2006

Flex-Account Options When You Leave Your Job

I got laid off with one day's notice. What happens to the money I already put in my flexible-spending account for this year? Does my company have the right to keep it, or will I get it back?

See More On: Health Care & InsuranceHealth Care & Insurance

September 7, 2006

Cut Your Retirement Health-Care Costs

I'm retiring at age 60 and my biggest expense will be medical insurance. How can I reduce this cost?

See More On: Health Care & InsuranceMaking Your Money Last

September 5, 2006

Tax Rules for Your Side Business

If I start a freelance writing business, can I take advantage of the common business write offs even if I keep my current full-time job with a corporation?

See More On: Tax PlanningTax Planning

August 31, 2006

Tax Breaks for Homeowners

What house-related expenses can we write off on our taxes?

See More On: Tax BreaksTax Breaks

August 28, 2006

Paying the Minimum Will Cost You

How long will it take to pay off my credit card debt if I make the minimum monthly payment?

See More On: Credit Cards | Credit Cards

August 24, 2006

How to Trim Your Car Insurance Bill

What's the easiest way to lower my auto insurance rates?

See More On: Auto InsuranceAuto Insurance

August 21, 2006

A Little Savings Goes a Long Way

I barely have enough money to pay my bills. How can I afford to save for retirement?

See More On: Saving MoneySaving Money

August 17, 2006

Roth IRA Not Best for Emergency Savings

Is there any downside to considering contributions toward a Roth as an emergency fund?

See More On: Roth IRAsRoth IRAs

August 14, 2006

Max Out Your 401(k) And Roth IRA

Is it possible for my wife and me to contribute to Roth IRAs even if we have separate 401(k) plans with our employers?

See More On: Saving for RetirementSaving for Retirement

August 10, 2006

Which College Fund to Tap First

I have money in several different accounts to pay for my children's college -- a 529, a Coverdell and a custodial account. Which should I use first to pay the college bills?

See More On: Paying for CollegePaying for College

August 7, 2006

Insurance Coverage for Freshmen

My son is about to start his freshman year in college. Will my homeowners insurance cover all the things he's planning to bring to his dorm room?

See More On: Home Insurance | Home Insurance

August 3, 2006

Life Insurance for Cancer Survivors

I recently started a job that doesn't include group life insurance, and I'd like to buy my own policy. But I'm worried that I might not qualify because I'm a breast cancer survivor. What should I do?

See More On: Life InsuranceLife Insurance

July 31, 2006

Credit Card Policy May Hurt Your Score

I understand that when my credit score is calculated, one factor that's considered is my balance as a percentage of my credit limit. But my credit-card issuer, Capital One, does not report credit limits to the credit bureaus, so they show a limit of

See More On: Credit Reports & Scores | Credit Reports & Scores

July 27, 2006

The Best College Savings Plan

What is the best way to save for college for my grandchildren?

See More On: 529 PlansPaying for College

July 24, 2006

Why You Need a Down Payment

My wife and I just got married and we'd like to buy a house soon. We've been setting aside money for the down payment but we have quite a way to go. Should we go ahead and buy a house now with no money down or wait until we've saved the 20%?

See More On: Buying & Selling a Home | Buying & Selling a Home

July 20, 2006

Life Insurance You Can Do Without

A couple of years ago, my wife and I purchased variable life insurance policies with the understanding they would serve as life insurance, as well as provide money to help pay for college or retirement. Is there a better way to invest our money to ac

See More On: Life InsuranceLife Insurance

July 17, 2006

Pay off High-Interest Debt

My husband wants to bank the money we made from selling a rental home and watch it grow, but I think we should try to pay off some of our debt. What is your advice on how to use the sale proceeds?

See More On: Getting Out of Debt | Getting Out of Debt

July 13, 2006

A College Portfolio

I have Coverdell education savings accounts for each of my three children and all are invested in Vanguard 500 Index fund. As my children get closer to college, should I transition to a bond fund?

See More On: Paying for CollegePaying for College

July 10, 2006

Protect Your Identity

What can I do to make sure my identity doesn't get stolen?

See More On: Scams | Scams

July 6, 2006

Pay off Mortgage or Invest?

My grandmother died, and we just received about $20,000. Should we use the money to pay down our mortgage, or should we invest it?

See More On: Mortgages & Refinancing | Buying & Selling a Home

July 3, 2006

Opening Multiple 529 Accounts

Would you address the issue of college saving for multiple children, especially if their college careers will overlap?

See More On: 529 Plans529 Plans

June 29, 2006

Hang on to I Bonds

I hold $63,000 in I bonds, which I bought in 2003. If I redeem them before five years, I face a three-month interest penalty. I was thinking of selling and buying CDs.

See More On: Stocks & BondsStocks & Bonds

June 26, 2006

Guarantee Income in Retirement

I would like to buy an immediate annuity that guarantees a payout for life. If I invest $100,000, how much monthly income can I get?

See More On: AnnuitiesAnnuities

June 23, 2006

Sorting Out Broker Fees

A broker told me that mutual fund expenses will even out regardless of whether I buy Class A, B or C shares. Is this true?

See More On: Mutual Funds | Mutual Funds

June 19, 2006

Roth IRAs and Income Limits

We're not eligible to use Roth IRAs because of income restrictions. Does it make sense to invest in regular IRAs for additional retirement-oriented savings?

See More On: Roth IRAsRoth IRAs

June 15, 2006

Write off the Cost of Camp

Can I take the child-care tax credit for sending my daughters to camp this summer?

See More On: Tax PlanningTax Planning

June 12, 2006

Contributing Combat Pay to an IRA

I'm in the Army stationed in Iraq right now, and my income is tax-exempt while I'm here. If I end up being here for the full year, can I still contribute to a Roth IRA?

See More On: IRAsIRAs

June 9, 2006

Dangers of Water-Damage Claims

I had a pipe burst in my wall. The result of damage is adding up quickly. If I put in a claim, I have heard that you get dropped or your rates rise. What do you suggest?

See More On: Home InsuranceHome Insurance

June 5, 2006

High Costs of BRIC Funds

I'm looking for a BRIC fund, which invests in Brazil, Russia, India and China. Can you help?

See More On: Mutual Funds | Mutual Funds

June 2, 2006

Track Down Retirement Funds

I was a Wal-Mart employee from 1988 to 1995 in a store that has since closed, and I'm trying to find out exactly what happened to my profit-sharing fund.

See More On: Saving for RetirementSaving for Retirement

May 30, 2006

Get the Flood Coverage You Need

After seeing all of the damage from Hurricane Katrina last year, I'd like to get flood insurance before hurricane season starts this year. Can I still get the coverage, and has the price gone up a lot since last year's hurricanes?

See More On: Home InsuranceHome Insurance

May 25, 2006

An IPO No-Go

Nine years ago, a principal at the firm my husband worked for said the company would go public within two years. We bought $875 worth of company stock. But the company still hasn't gone public and doesn't appear to have plans to do so any time soon.

See More On: Markets | Markets

May 22, 2006

Giving a Charitable Gift Annuity

I received information from the American Cancer Society about buying a charitable gift annuity, which could benefit the organization and give me income. Is this a good idea?

See More On: AnnuitiesAnnuities

May 18, 2006

Fixing Credit Report Errors Fast

We recently shopped for a home loan and got a credit analysis. We disagree with two factors listed in the report. How can we get these discrepancies cleared up quickly?

See More On: Credit Reports & Scores | Credit Reports & Scores

May 15, 2006

Comparing Medigap Policy Costs

My mother is paying $171 per month for her medicare supplement insurance policy. Is that about right?

See More On: MedicareMedicare

May 11, 2006

Lower Your Credit Card Rate

A few of my credit cards charge higher rates than other cards I see advertised. What can I do to try to get the rate lowered?

See More On: Credit Cards | Credit Cards

May 8, 2006

Simple Investing

I'd like to move $115,000 from index and life-cycle mutual funds to a mix of actively managed and exchange-traded funds. Should I invest in a lump sum or gradually?

See More On: Mutual Funds | Mutual Funds

May 4, 2006

Rolling a Custodial Account Into a 529

If a minor child has a custodial account with the funds invested in CDs, what advantage is gained if they are rolled over into a 529 account?

See More On: 529 Plans529 Plans

May 1, 2006

Amending Your Tax Return

While comparing my 2005 taxes to 2004, I realized I made a mistake on the 2004 return. Is it too late to fix the error?

See More On: Tax Prep & FilingTax Prep & Filing

April 27, 2006

Consider Consolidating Loans Soon

My undergrad loans were consolidated in 2001 at 8.6%. I have new loans for graduate school -- about $6,000. Should I reconsolidate now?

See More On: LoansLoans

April 24, 2006

Spousal IRA Rules

I left my job to be a stay-at-home mom for a few years. Do I have to shift my Roth IRA to a spousal IRA?

See More On: IRAsIRAs

April 20, 2006

Another Look at Tuition Deals

Is the low-income test to qualify for free tuition at some colleges also based on your overall net worth as well?

See More On: Paying for CollegePaying for College

April 17, 2006

Insuring a Car for a Teenager

My teenager discovered that some of the earlier BMW Z3s fall into our price range and have a good safety record, crash test results and would actually cost less to insure than some other so-called more conservative cars I would like to consider.

See More On: Auto InsuranceAuto Insurance

April 10, 2006

Figuring the Basis of AT&T Shares

I need the basis of my AT&T stock from 1978. How do I figure that out?

See More On: Tax Prep & FilingTax Prep & Filing

April 6, 2006

Special Deals on College Tuition

I read that the University of Pennsylvania just started offering free tuition, room and board for low-income families. Do any other colleges have similar programs?

See More On: Paying for CollegePaying for College

April 3, 2006

Protection for Online Accounts

What if someone hacks into my online brokerage account and empties it? Would I have any legal recourse to require the mutual fund company to reimburse me for the loss?

See More On: ScamsScams

March 30, 2006

Reporting Unreimbursed Property Losses

Where on my 2005 tax return do I enter unreimbursed losses due to Hurricane Wilma?

See More On: Tax Prep & FilingTax Prep & Filing

March 27, 2006

Checking Online Brokerage Firms

How can I find out if an online brokerage firm is legitimate?

See More On: Financial PlanningFinancial Planning

March 23, 2006

Where to Sock Your Short-Term Savings

I am pastor of a church in Arkansas, and we have about $32,000 in an account for one of the ministries we will be starting next year. Instead of letting the money sit in a savings account, I thought it might be better to drop it into a mutual fund, s

See More On: Mutual FundsMutual Funds

March 20, 2006

A New Type of Credit Score

What's this new VantageScore credit score I've started to hear a lot about? Will that replace the FICO score?

See More On: Credit Reports & Scores | Credit Reports & Scores

March 16, 2006

Who Controls 529 Money

If grandma contributed money to a 529 plan and then, after separation/divorce of the parents, withdrew the money prior to the child's 18th birthday, could the child contest the withdrawal in court?

See More On: 529 Plans529 Plans

March 13, 2006

Improve Your Credit Score

What steps should I take to improve my credit score if I want to buy a house in the next year or so?

See More On: Credit Reports & Scores | Credit Reports & Scores

March 9, 2006

Making Sense of Medicare Advantage

I saw an ad for a Humana Medicare Advantage plan that says you can use any doctor. I'm confused -- I thought that Medicare Advantage plans were all HMOs. Which is correct?

See More On: MedicareMedicare

March 6, 2006

Finding Credible Credit Counseling

Are there some credit counseling companies that actually are good, and how does one go about finding the good ones?

See More On: Getting Out of Debt | Getting Out of Debt

March 2, 2006

Tax Records: How Long to Keep Them

I've been working on my taxes and going through all of my files of receipts. Can I ever get rid of them?

See More On: Tax Prep & Filing | Tax Prep & Filing

February 27, 2006

Ditch Shares of Bankrupt Companies

I thought that Delta Air Lines stock would become worthless when the company came out of bankruptcy and issued new shares. Then I spoke to someone who bought Delta shares, thinking the stock would come back. Now I am considering investing in Delta.

See More On: Markets | Markets

February 23, 2006

Where to Stash Emergency Cash

We deposited money for an emergency fund with our bank, but is there a better investment method to maximize growth and still have the funds readily accessible?

See More On: Banking | Banking

February 16, 2006

Dropping PMI

When I bought my house, I had to buy private mortgage insurance. I had hoped to get the PMI dropped after the value of my house increased. But the housing market is starting to slow in my area. What's this going to do to my efforts to get my PMI drop

See More On: Mortgages & Refinancing | Smart Buying

February 9, 2006

Receiving Timely 401(k) Payments

Before she left for another job, our office manager was having trouble keeping up with our 401(k) payments. Now that she's gone, the problem is worse. Is there anything I can do to ensure more timely 401(k) payments by my company?

See More On: 401(k)sEmployee Benefits

February 2, 2006

Reporting Self-Employment Income

I just received a 1099 and taxes hadn't been withheld throughout the year). How do I report this on my taxes?

See More On: CareersCareers

January 30, 2006

Check a Home's Insurance History

I'm shopping for a house and have heard that it can be difficult to get homeowners insurance if the house has a history of a lot of insurance claims. How can I avoid this kind of problem?

See More On: Buying & Selling a HomeBuying & Selling a Home

January 23, 2006

Target Funds Make Investing Easy

My son is in the Army in Iraq and has no investments. Do you have any advice for him for selecting a fund?

See More On: Mutual FundsMutual Funds

January 19, 2006

Shut Out of a Prepaid Plan

I'm interested in investing in Ohio's prepaid tuition plan for my daughter but remember that the plan closed a few years ago. Are there any plans to open it?

See More On: Paying for CollegePaying for College

January 16, 2006

Roth IRAs for Children

I was thinking about starting a Roth IRA for my young son. However, I was wondering if there are any restrictions, such as whether he has to earn the money.

See More On: Roth IRAsRoth IRAs

January 12, 2006

Lower Your Long-Term Care Insurance Costs

I can't really afford to buy a long-term care insurance policy with lifetime benefits. Should I consider getting a policy with a shorter benefit period?

See More On: Long-Term Care InsuranceLong-Term Care Insurance

January 9, 2006

It Pays to Switch Brokers

My broker moved from a low-cost brokerage to a full-service firm. I make about three trades per year. Would I be better off transferring to a discount broker?

See More On: Wealth ManagementWealth Management

January 6, 2006

Credit Score Affects Your Rate

How much of a difference can my credit score make in the interest rate I can get on my mortgage?

See More On: Credit Reports & Scores | Credit Reports & Scores

January 3, 2006

Check Used Cars for Hurricane Damage

If I'm buying a used car, how can I make sure that the car didn't have flood damage from Hurricane Katrina?

See More On: Buying & Leasing a Car | Buying & Leasing a Car

December 6, 2004

Finding a Stock's Cost Basis

I will be selling PG&E stock soon and have no idea what the cost basis is. It was purchased between 1957 and 1980.

See More On: Stocks & Bonds | Markets

May 5, 2004

Pros and Cons of No-Closing-Cost Loans

I've seen companies that offer mortgage loans with no closing costs. Is it too good to be true?

See More On: Mortgages & Refinancing | Smart Buying

March 12, 2003

Extra Mortgage Payments Can Pay Off

How much will I save if I make one extra mortgage payment a year?

See More On: Mortgages & Refinancing | Smart Buying

March 5, 2003

Avoid 529 Plan Penalties

If we open a 529 plan, what happens if our daughter decides not to go to college?

See More On: 529 Plans529 Plans

January 22, 2013

401(k) Hardship Withdrawals for Home Repairs

You may be able to take money out of your account to cover the costs of fixing your house after a storm, but be aware of the disadvantages of doing this.

See More On: 401(k)s | 401(k)s