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With President-elect Donald Trump vowing to impose tariffs on imports when he takes office, now might be the time to buy new appliances.
After her husband is deported to the United Kingdom, an American wonders how she should file her federal income taxes.
Financial planner Liz Weston addresses the complications of rolling over a 401K account for a woman who is switching jobs at age 73.
As home prices have climbed, keeping good records on improvements has become more important. When it comes time to sell, documenting improvements can reduce taxes owed.
When it comes time to enroll in Medicare, be aware that bypassing the plan’s prescription coverage can mean paying penalties down the road.
A relative is worried that a 90-year-old family member is spending her savings on round-the-clock care and will run out of money.
Some people die shortly after retiring. Most, though, live well past the “break-even” age when waiting for larger Social Security payments makes more sense.
A 62-year-old spent the bulk of their pension to pay down debt, leaving little for retirement. Here’s what they should have done instead.
Deciding the best way to leave money to a heir can be complicated. When the choice is between naming someone as a beneficiary of an account or putting the account into a living trust, the trust offers more flexibility.
To pay for their dream retirement home, a couple needs to tap their IRAs, but withdrawing the money will mean higher Medicare premiums. Is there a way to avoid the hit?
