Individual retirement accounts

FILE - In this Friday, March 17, 2017, file photo, a sign advertises a program that allows food stamp recipients to use their EBT cards to shop at a farmer's market in Topsham, Maine. President Donald Trump’s administration is proposing to end an option that has allowed states to exceed federal eligibility thresholds for food stamps. (AP Photo/Robert F. Bukaty, File)
July 27, 2019 - 3:00 pm
Residents signing up for food stamps in Minnesota are provided a brochure about domestic violence, but it doesn't matter if they even read the pamphlet. The mere fact it was made available could allow them to qualify for government food aid if their earnings or savings exceed federal limits. As odd...
Read More
FILE- In this Feb. 21, 2019, file photo a recently constructed home, left, is reflected in water, in Natick, Mass. Before squeezing every last nickel into a down payment on a home mortgage, set some cash aside to handle unexpected expenses after the closing. (AP Photo/Steven Senne, File)
April 25, 2019 - 7:01 am
Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly. But putting too much down could leave you without enough cash for home maintenance — or anything else. Pinpointing the right...
Read More
This Feb. 13, 2019, shows multiple forms printed from the Internal Revenue Service web page that are used for 2018 U.S. federal tax returns in Zelienople, Pa. For taxpayers who itemize, the 2 percent miscellaneous itemized deduction was a handy catchall bucket for expenses such as investment fees and expenses and tax-preparation fees. It wasn’t easy to qualify for this deduction, your expenses had to top 2 percent of your adjusted gross income before you could claim them, but it was a nice option to have. (AP Photo/Keith Srakocic)
March 15, 2019 - 8:56 am
Americans will face a slew of new rules during the first tax-filing season with the Tax Cuts and Jobs Act of 2017 in effect. Here's what changed for investors: 1. NO DEDUCTION FOR INVESTMENT EXPENSES For taxpayers who itemize, the 2 percent miscellaneous itemized deduction was a handy catchall...
Read More
FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
January 28, 2019 - 4:12 am
If you're getting a divorce , it pays to keep quiet on social media, says New York divorce attorney Jacqueline Newman. Trashing a soon-to-be ex or boasting about your great new life can complicate divorce negotiations. One client's husband, for example, insisted he couldn't afford a proposed...
Read More
January 18, 2019 - 7:43 am
Cheers, friends! It's a new year. Time to set some well-intentioned — but typically doomed — resolutions. Lose 20 pounds. Read 50 books. Save $5,000. Those big resolutions are sexy. They sound impressive when you tell friends. They're also unlikely to last past Groundhog Day. This year, ditch the...
Read More
This September 2018 photo provided by Nerdwallet, Urban Adams and his daughter pose for a photo in Canton, N.Y. Sofie considered several schools before taking an academic scholarship and an offer to play this fall for St. Lawrence University, a 2,500-student private college in upstate New York with a study abroad program. (Urban Adams/NerdWallet via AP)
November 15, 2018 - 7:06 am
A four-year journey to decide where to go to college ended for Sofie Adams when a college recruiter approached her after a softball game and asked, "Do you want to study abroad?" "No one else had asked me that, and yes — I really do want to get overseas," says Adams, 18, who considered several...
Read More