Terry Savage: SIM swap is a new way to swipe your savings
Identity thieves have a new way of gaining access to your finances.
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Terry Savage: Homeownerâs insurance premiums rising
Opening that bill, you might find a 25% increase or more â even though youâve had no claims. If your premium is included in your monthly mortgage payment, youâll get...
Terry Savage: Deadline for applications for student loan forgiveness extended
Consumers just got some good news about a student loan forgiveness extension and about protections on credit card late payment charges, resulting from a Supreme Court ruling on the Consumer...
Terry Savage: Funding long-term care insurance
The most unexpected and costly expense of retirement is the need to pay for long-term custodial care â a burden that is not covered by Medicare or supplements. No one...
Terry Savage: Younger generations are changing the workplace
The unemployment numbers are encouraging. The unemployment rate has remained below 4% for 27 months, the longest streak since the 1960s. Average hourly wages are up 4.1% over the last...
Terry Savage: The fiduciary rule and rollovers
Have you noticed how much your 401(k) plan has grown over the years? Thereâs now nearly $11 trillion in these retirement plans â boosted by years of continuous investing in...
Terry Savage: Where’s my tax refund? How to check your federal or state refund status
What do you do if your IRS tax refund still hasnât arrived? Now that the IRS has received most 2023 tax filings, and should have sent your refund, itâs worth...
Terry Savage: Warning on credit repair and chasing rewards
Even the zero-interest period on balance transfer cards can get you deeper into trouble. If you donât pay off the balances within the zero-rate period, you can expect your finance...
Terry Savage: The pros and cons of reverse mortgages
For seniors who own their own home â fully paid off or with a small remaining mortgage â but need more income, a reverse mortgage can be the perfect solution....
Terry Savage: Social Security relief imminent for recipients of unexpected overpayments
In simple words, the elderly and disabled recipients of Social Security retirement and disability benefits will no longer face the threat of imminent stoppage of all their benefits unless the...