Ask Kim

Kim Lankford answers your questions about managing money -- specifically, insurance and taxes -- twice a week.

February 24, 2017

How High Earners Can Set Up a Roth IRA

It's simple: First contribute to a traditional IRA, then convert that IRA to a Roth.

See More On: Saving for Retirement

February 17, 2017

A Tax-Friendly Way to Pay for School

You can use money from a Coverdell education savings account tax-free for education expenses from kindergarten through college.

See More On: Paying for College

February 15, 2017

You Still Have Time to Make an HSA Contribution for 2016

If you had an eligible high-deductible health insurance policy last year, you have until this year's tax deadline to add money to an HSA.

See More On: Health Care & Insurance

February 13, 2017

How to Get Money Back When You Turn in a Leased Vehicle

If you are well under your allotted mileage limit, you may be rewarded.

See More On: Buying & Leasing a Car

February 8, 2017

How to Switch Out of a Medicare Advantage Plan

You usually can't switch to another Medicare Advantage plan until open enrollment in the fall, but there are exceptions.

See More On: Medicare

From Kiplinger's Personal Finance, February 2017

What to Do When Your Broker Goes Rogue

If contacting the broker's superiors doesn't produce resolution, you could try escalating your complaint to FINRA or the SEC.

See More On: Wealth Management | Financial Planning

From Kiplinger's Personal Finance, March 2017

Distribution and Tax Rules for Inherited IRAs

You may have to pay income taxes on distributions from inherited IRAs.

See More On: Social Security | Estate Planning | Family Finances

February 3, 2017

Deducting an IRA Contribution on Your Tax Return

If you have a workplace retirement plan, you can still stash money in an IRA. You can even take a deduction for a traditional IRA contribution if your income is low enough.

See More On: IRAs

January 31, 2017

5 Ways You Can Still Boost Your Tax-Advantaged Savings for 2016

You have until April 18 to contribute to an IRA for yourself and your spouse, a Roth IRA for your kid, and a health savings account.

See More On: IRAs

January 2017

How to Get Your Tax Refund Sooner

If you e-file and have your refund deposited directly into your bank account, the money is likely to show up within three weeks.

See More On: Tax Prep & Filing

January 25, 2017

How Home Buyers Can Tap an IRA Penalty Free

You can withdraw money from your retirement savings to pay for a house, but the rules are different for Roth and traditional IRAs.

See More On: Buying & Selling a Home | Mortgages & Refinancing

January 18, 2017

Qualifying for the Retirement Savers' Tax Credit

Retirees who earned too much money in the past may now qualify for this credit.

See More On: Tax Breaks

January 2017

Tax Deductions for Independent Contractors

Write-offs for business expenses will help offset your self-employed income.

See More On: Tax Planning

January 12, 2017

As the College Bills Approach, Ratchet Down Risk in a 529 Savings Plan

When your son or daughter enters high school, or even before, start shifting some of the money from aggressive funds into more-conservative ones.

See More On: Paying for College

January 6, 2017

8 Smart Financial Moves for the New Year

Our New Year's resolution is to help you improve your finances in 2017. Start with these strategies.

See More On: Financial Planning

From Kiplinger's Personal Finance, February 2017

How Speeding Tickets Affect Your Car Insurance Premiums

To minimize the sting of higher rates, see if you can get credit for taking a remedial driving course.

See More On: Auto Insurance

December 30, 2016

Personal-Finance Columnist Kim Lankford's Best Money-Saving Tactics of 2016

Save thousands with our practical guidance on real-life questions about saving for retirement, paying for health care, cutting taxes and more.

See More On: Saving for Retirement

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