Ask Kim

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

June 23, 2017

What to Know About Enrolling in Medicare Part B

Sign up for Medicare Part B no later than eight months after you leave your job or you could be hit with lifetime penalties.

See More On: Medicare | Health Care & Insurance | Social Security

June 20, 2017

Beware the Impact on RMDs When Reversing a Roth IRA Conversion

The amount of money that you recharacterize needs to be added back to your traditional IRA balance for year-end 2016 to calculate your 2017 required minimum distribution.

See More On: IRAs | Required Minimum Distributions (RMDs) | Roth IRAs

June 16, 2017

What Kids Starting Jobs Should Know About Taxes

Income from your child's summer job can help fund a long-term financial plan.

See More On: Tax Planning | Tax Prep & Filing

June 13, 2017

Paying for Off-Campus Housing with a 529 Plan

Your student's room and board could be covered tax-free for an entire 12-month lease, even if he or she only takes classes for nine months of the year.

See More On: 529 Plans | Family Finances | Financial Planning

June 12, 2017

When Long-Term-Care Policies Kick In

Most policies pay when you need help with two of six activities of daily living or you are cognitively impaired. And most have a waiting period of 60 or 90 days.

See More On: Long-Term Care Insurance | Health Care & Insurance | Life Insurance

June 7, 2017

How to Speed Up a Life Insurance Payout

If you have the policy and death certificate when you file a claim, it may take as few as five business days to receive a check.

See More On: Life Insurance

From Kiplinger's Personal Finance, July 2017

How to Fix Your Social Security Earnings Record

Gather evidence of your earnings and make a call to the Social Security Administration.

See More On: Social Security | Employee Benefits | Family Finances

From Kiplinger's Personal Finance, July 2017

Medicare and Home Care

Know the rules for custodial assistance for your loved one.

See More On: Medicare | Health Care & Insurance

June 2, 2017

Self-Employed? Go Ahead, Make That IRA Contribution

Your IRA contributions don't affect your Simplified Employee Pension or solo 401(k) limits.

See More On: IRAs

May 31, 2017

5 Ways to Protect Your Home From Summer Storms

Hurricanes, tornadoes and strong summer storms can wreak havoc on your property and your budget. Take these steps to prevent a natural disaster from turning into a disaster for you.

See More On: Home Insurance

May 26, 2017

Tap Your Flexible Spending Account Before You Head to the Beach

On the list of eligible items: sunscreen, lip balm and prescription sunglasses.

See More On: Health Care & Insurance

May 23, 2017

Protect Yourself From Identity Theft When Traveling

Take these seven steps before you leave on a trip to protect your identity and prevent hassles with your debit and credit cards.

See More On: Travel

May 19, 2017

Your Tree, Your Neighbor's Property: Whose Insurance Pays?

This is a good time of year to trim trees that might cause problems, before the start of hurricane season on June 1.

See More On: Home Insurance | Auto Insurance

May 16, 2017

How Kids Can Start Investing

A parent or other adult needs to manage a custodial account, but most brokerage firms offer the same investing choices, commissions and fees for custodial accounts as for regular accounts.

See More On: Family Finances

May 12, 2017

The Advantages of a Tax-Free Transfer From an IRA to Charity

Besides benefiting the charity, you may save a bundle on income taxes, as well as stay below the income cutoff for some other taxes and charges.

See More On: IRAs

May 10, 2017

How to Maximize the Home-Office Tax Deduction

There are two different ways to calculate the write-off. But to qualify, you must use your home office "exclusively and regularly" for your business.

See More On: Tax Breaks

May 5, 2017

When to Sign Up for Medicare

Beware costly penalties for not enrolling in Medicare on time.

See More On: Medicare

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