03/14/2021
To Be Happy Now, Live Like You’re Already Retired | Kiplinger
To Be Happy Now, Live Like You’re Already Retired | Kiplinger
Why wait until you’re retired to do all the things that can make you happier, healthier and more fulfilled? Instead, start now. Here’s how to live like you’re retired, even when you’re not.
03/13/2021
Exclusive Social Security Benefits Forecast: COLA Likely to Jump to 3% in 2022 | Kiplinger
Exclusive Social Security Benefits Forecast: COLA Likely to Jump to 3% in 2022 | Kiplinger
The cost of living adjustment would be fueled by rising gas prices and the recently passed stimulus package that could spur additional consumer spending.
03/13/2021
The Basics of Required Minimum Distributions: 12 Things You Must Know About RMDs | Kiplinger
The Basics of Required Minimum Distributions: 12 Things You Must Know About RMDs | Kiplinger
Retirement savers who are 72 must start withdrawing funds from tax-advantaged retirement accounts. Here’s what you need to know about required minimum distributions and how to minimize your tax bill.
03/13/2021
6 Money-Smart Ways to Spend Your Third Stimulus Check | Kiplinger
6 Money-Smart Ways to Spend Your Third Stimulus Check | Kiplinger
If you don't have to use your third stimulus check for basic necessities, consider putting the money to work for you. You'll thank yourself later.
03/13/2021
Social Security Basics: 12 Things You Must Know About Claiming and Maximizing Your Social Security Benefits | Kiplinger
Social Security Basics: 12 Things You Must Know About Claiming and Maximizing Your Social Security Benefits | Kiplinger
Claiming Social Security benefits at the right time means more money in your pocket. Here's a guide to everything from knowing your full retirement age to taking Social Security spousal benefits -- and much more.
03/01/2021
Roth IRA Basics: 11 Things You Must Know | Kiplinger
Roth IRA Basics: 11 Things You Must Know | Kiplinger
A Roth IRA can be a great way to save for retirement since the accounts have no required minimum distributions and you withdraw the money tax-free.
02/24/2021
Third Stimulus Check Update: The Current Plan for $1,400 Payments | Kiplinger
Third Stimulus Check Update: The Current Plan for $1,400 Payments | Kiplinger
Here's what you need to know about the stimulus check plan currently being considered in Congress for President Biden's COVID-relief package.
02/21/2021
How Filing Your Tax Return Early (or Late) Could Boost Your Third Stimulus Check | Kiplinger
How Filing Your Tax Return Early (or Late) Could Boost Your Third Stimulus Check | Kiplinger
Depending on your situation, you might be able to increase your next stimulus check by filing your tax return now or by waiting.
02/21/2021
Lump Sum or Not: What’s the Best Way to Invest Your Year-End Bonus? | Kiplinger
Lump Sum or Not: What’s the Best Way to Invest Your Year-End Bonus? | Kiplinger
What is dollar cost averaging, and when you have a significant windfall to invest, which method is better for you: dollar cost averaging vs. a lump sum investment?
02/21/2021
How 10 Types of Retirement Income Get Taxed | Kiplinger
How 10 Types of Retirement Income Get Taxed | Kiplinger
When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don’t forget about taxes.
02/19/2021
Some Young Americans Fight Economic Unease by Using Stimulus Checks to Pay Down Debt
Some Young Americans Fight Economic Unease by Using Stimulus Checks to Pay Down Debt
With fewer places to spend and the labor market still weak, younger adults are treating their stimulus payments from the government carefully.
02/19/2021
Covid-19 Mortgage Relief Ends Soon for Millions of Homeowners
Covid-19 Mortgage Relief Ends Soon for Millions of Homeowners
Many people who are struggling financially during the pandemic won’t be able to resume paying their monthly mortgage bills when yearlong forbearance plans run out.
02/19/2021
Why Single Retirees Might Want to Limit the Money in Their 401(k)s
Why Single Retirees Might Want to Limit the Money in Their 401(k)s
Why Single Retirees Might Want to Limit the Money in Their 401(k)s
02/19/2021
Opinion | Trade Debt Write-offs for Community Service
Opinion | Trade Debt Write-offs for Community Service
At the Biden minimum-wage proposal of $15 an hour, forgiving $15,000 in student debt would require 1,000 hours of work.
02/17/2021
Are You Prepared for Health Care Costs While in Retirement? | Kiplinger
Are You Prepared for Health Care Costs While in Retirement? | Kiplinger
Yes, health care can be expensive in retirement, but there are some things you can do now to get your ducks in a row.
02/17/2021
How Grandparents Can Help Their Kids to Raise Financially Responsible Grandkids | Kiplinger
How Grandparents Can Help Their Kids to Raise Financially Responsible Grandkids | Kiplinger
Your job isn’t to spoil your grandchildren, it’s to spend quality time with them, teach them and lead by example. Try these three tips for a healthy relationship as a friend and money mentor.
02/17/2021
What's the Standard Deduction for 2020 vs. 2021? | Kiplinger
What's the Standard Deduction for 2020 vs. 2021? | Kiplinger
If you're like most Americans, taking the standard deduction on your tax return is better than claiming itemized deductions.
02/13/2021
8 Secrets of The Wealthy That Most of Us Ignore
8 Secrets of The Wealthy That Most of Us Ignore
Life would be a whole lot easier if someone would just Venmo us $1 million, but unfortunately the chance of that happening is, well, probably zero. (Venmo doesn’t allow transactions that large anyway.) But there’s still plenty of things we can learn from rich people. Here are 8 of the smartest w...
02/13/2021
If You Have More Than $1,000 in Your Checking Account, Make These 6 Moves
If You Have More Than $1,000 in Your Checking Account, Make These 6 Moves
You've done it. You've built up a little cushion in your bank account — $1,000! It feels good, right? Those days of checking your account balance in a panic are behind you. Congrats! You're on the right path. Now it’s time to think about some longer-term goals. What do you want to accomplish nex...
02/12/2021
What to Do When One Spouse Spends Too Much in Retirement | Kiplinger
What to Do When One Spouse Spends Too Much in Retirement | Kiplinger
If one partner takes a less conservative approach to money, it can wreak havoc on a marriage. But the problem can be addressed by agreeing on bigger financial goals and understanding the root of the issue.
02/10/2021
Getting Married or Moving In Together? Time to Talk About Money | Kiplinger
Getting Married or Moving In Together? Time to Talk About Money | Kiplinger
Sharing a life means it’s time to talk finances.
02/10/2021
What's the Standard Deduction for 2020 vs. 2021? | Kiplinger
What's the Standard Deduction for 2020 vs. 2021? | Kiplinger
If you're like most Americans, taking the standard deduction on your tax return is better than claiming itemized deductions.
01/23/2021
4 Reasons Retirees Should Care About the New Coronavirus Stimulus Package | Kiplinger
4 Reasons Retirees Should Care About the New Coronavirus Stimulus Package | Kiplinger
Yes, the possibility that you’ll get a stimulus check is definitely something to care about, but there are other aspects of this act involving taxes and RMDs that could directly affect retirees like you.
01/21/2021
Know Why Your Credit Score Changes: 9 Money Moves to Consider | Kiplinger
Know Why Your Credit Score Changes: 9 Money Moves to Consider | Kiplinger
Your credit score is a key indicator of your financial well-being and of the risk you pose to lenders. How good is yours?
01/16/2021
Third Stimulus Check Update: Biden Calls for $1,400 Payments as Part of $1.9 Trillion Relief Package | Kiplinger
Third Stimulus Check Update: Biden Calls for $1,400 Payments as Part of $1.9 Trillion Relief Package | Kiplinger
Under Biden's plan for a third stimulus check, the $600 second-round stimulus checks would be increased to $2,000.
01/13/2021
A Retiree’s Guide to Key Dates in 2021 | Kiplinger
A Retiree’s Guide to Key Dates in 2021 | Kiplinger
It's critical -- and financially sound -- to hit these important financial deadlines spaced throughout the year.
01/07/2021
6 Reasons Why Your Second Stimulus Check Might Be Delayed | Kiplinger
6 Reasons Why Your Second Stimulus Check Might Be Delayed | Kiplinger
The IRS started delivering second-round payments in December. If you're still waiting for your money, here's why your second stimulus check could be late (or never arrive).
01/06/2021
Tax Changes and Key Amounts for the 2020 Tax Year | Kiplinger
Tax Changes and Key Amounts for the 2020 Tax Year | Kiplinger
Americans are facing a long list of tax changes for the 2020 tax year. Get familiar with them now so you're ready when it's time to file your 2020 tax return.
01/04/2021
Tax Changes and Key Amounts for the 2020 Tax Year | Kiplinger
Tax Changes and Key Amounts for the 2020 Tax Year | Kiplinger
Americans are facing a long list of tax changes for the 2020 tax year. Get familiar with them now so you're ready when it's time to file your 2020 tax return.
01/04/2021
Your Second Stimulus Check: How Much? When? And Other FAQs | Kiplinger
Your Second Stimulus Check: How Much? When? And Other FAQs | Kiplinger
A second round of stimulus checks is on the way. Here's what you need to know about the second stimulus check you'll be getting soon (if you qualify).
01/02/2021
11 Tax Breaks for the Middle Class | Kiplinger
11 Tax Breaks for the Middle Class | Kiplinger
Tax breaks aren't just for the rich. There are plenty of them that are only available to middle- and low-income Americans.
01/02/2021
Mark Your Calendar: 6 Birthdays to Know for Retirement | Kiplinger
Mark Your Calendar: 6 Birthdays to Know for Retirement | Kiplinger
There are important milestone ages to note before and throughout retirement. Mark these birthdays on your calendar to boost your retirement income and avoid unnecessary penalties.
12/29/2020
How a Stock Trade Actually Works | Kiplinger
How a Stock Trade Actually Works | Kiplinger
While trades are now commission-free to most consumers, a lot of money is still being made on penny-level differences in the process.
12/27/2020
Happy Holidays from Claremont McKenna College
Happy Holidays from Claremont McKenna College
www.cmc.edu
12/24/2020
How Your Second Stimulus Check Will Differ from the First One | Kiplinger
How Your Second Stimulus Check Will Differ from the First One | Kiplinger
The COVID-Related Tax Relief Act authorizes a second round of stimulus checks. While your second stimulus check will be similar to your first payment, there are some important differences.
12/21/2020
6 Telltale Signs of “Lifestyle Creep”
6 Telltale Signs of “Lifestyle Creep”
Did you just get a big raise or a bonus at work? Spend it wisely. Here’s how to keep from succumbing to lifestyle creep, which can undermine your savings goals.
12/19/2020
14 States That Won't Tax Your Pension | Kiplinger
14 States That Won't Tax Your Pension | Kiplinger
Some states have pension exclusions with limitations based on age and/or income. But these states don't tax pension income at all, no matter how old you are or how much money you have.
12/19/2020
14 States That Won't Tax Your Pension | Kiplinger
14 States That Won't Tax Your Pension | Kiplinger
Some states have pension exclusions with limitations based on age and/or income. But these states don't tax pension income at all, no matter how old you are or how much money you have.
12/16/2020
Bad News for Super Savers | Kiplinger
Bad News for Super Savers | Kiplinger
Low inflation keeps thresholds on retirement savings plans in check.
12/16/2020
The Finances of Homeschooling Your Kids: What It Costs, Tax Breaks, More | Kiplinger
The Finances of Homeschooling Your Kids: What It Costs, Tax Breaks, More | Kiplinger
If you’re contemplating homeschooling your children, consider all the ways your expenses can add up -- and the special savings vehicles and cost-cutting tips to help offset them.