Consumer affairs

‘I am trying to feverishly save for retirement’: My fiancé pays $1,700 a month to the IRS and owes student debt. We’re both 57. Should I marry him for his Social Security and pension?

February 14, 2023

[ad_1] Dear Quentin, My fiancé and I met at age 42 after being recently divorced. We have (now-grown) children from…

Investors are walking away from U.S. stock-market funds, into bonds

February 13, 2023

[ad_1] The rally in stocks to start 2023 hasn’t kept investors from pulling billions out of U.S. equity funds to…

IRS says people in most states who got inflation-relief payments don’t have to report it on their taxes. Here’s where.

February 11, 2023

[ad_1] The IRS is not going to tax payments from most of the states that cut checks to residents last…

‘Cash is the cool kid on the block’: High-yield savings accounts, Treasury Bills, money market funds, and CDs — here’s where your cash can earn up to 4.5%

February 10, 2023

[ad_1] Cash isn’t just the dollar bills you put in your pocket — in this market, it might seem to…

‘And then 2022 happened’: I borrowed $500,000 from friends and family to invest in the stock market, foolishly promising a 10% return. Can I avoid legal action?

February 8, 2023

[ad_1] Dear Quentin, I am a budding options/futures trader with my own sole proprietor investment business. Heading into 2022, I…

‘I am watching my inheritance evaporate’: My brother and sister constantly hit our parents up for money. What can I do to stop this?

February 7, 2023

[ad_1] I am 46 and single. I have a good job and own my own home but live modestly. I…

Dear Tax Guy: I just started renting my house out on Airbnb. What income-tax deductions can I claim on this property?

February 3, 2023

[ad_1] I just started renting my house out on Airbnb. I started a limited liability company to keep the expenses…

10 ways American finances actually improved in 2022, despite high interest rates and a slump in stocks

December 24, 2022

[ad_1] Many Americans are ending the year feeling gloomy about their finances, and you don’t need to be a psychiatrist…

Need a rainy-day savings fund? Your might get one thanks to Congress’s year-end spending deal.

December 24, 2022

[ad_1] As people watch their savings sink under inflation’s pressure, one provision in the congressional year-end spending deal aims to…

IRS pauses rule requiring people to report PayPal, Venmo transactions over $600. Here’s what went wrong.

December 23, 2022

[ad_1] To avert taxpayer confusion in the upcoming tax season, the IRS is delaying a rule that would have required…