Advertisement
real estate

How to Cut Moving Costs

The new tax law could make relocating more expensive.

Summer is peak season for moving, and this year, there's a new wrinkle: The tax law that took effect January 1 scrapped the deduction for a work-related move, unless you're active-duty military with an order to relocate. That means it's more important than ever to look for ways to lower your costs.

Advertisement - Article continues below

Plan ahead. Try to book a mover at least six weeks in advance, and aim for midweek, when rates probably will be lower than on the weekend, or mid month, when they'll be lower than at the end of the month. Ideally, schedule your move for September or later, when rates are lower and movers may offer more-flexible scheduling, says the American Moving and Storage Association.

Downsize. Because your cost will depend partly on the weight of your belongings (along with time and distance), dispose of anything you no longer need or want. Then get three written estimates from movers who visit your home.

Protect yourself from fraud. Avoid movers who provide a verbal or lowball estimate. Those are signs of rogue operators who may hold your goods hostage until you pay more. Don't hire movers who demand cash or ask you to sign blank documents. For more tips, see www.protectyourmove.gov.

Advertisement

Most Popular

HSAs Get Even Better
Financial Planning

HSAs Get Even Better

Workers have more options with flexible spending accounts, too.
July 2, 2020
2020 Stock Market Holidays and Bond Market Holidays
Markets

2020 Stock Market Holidays and Bond Market Holidays

Is the market open today? Take a look at which holidays the stock markets and bond markets take off in 2020.
July 1, 2020
Find a Great Place to Retire
happy retirement

Find a Great Place to Retire

Our cities provide plenty of space to spread out without skimping on health care or other amenities.
July 2, 2020

Recommended

20 IRS Audit Red Flags
tax returns

20 IRS Audit Red Flags

There's no sure way to avoid an IRS audit, but these red flags could increase your chances of drawing unwanted attention from the IRS.
July 1, 2020
10 IRS Audit Red Flags for Retirees
retirement

10 IRS Audit Red Flags for Retirees

Watch out: These things can increase the chances that the IRS will give your tax return a closer look.
July 1, 2020
10 Tax Breaks for the Middle Class
tax deductions

10 Tax Breaks for the Middle Class

Tax breaks aren't just for the rich. There are plenty of them that are only available to middle- and low-income Americans.
June 30, 2020
What to Do If You Get a Stimulus Check for a Deceased Person
taxes

What to Do If You Get a Stimulus Check for a Deceased Person

The IRS sent more than 1 million stimulus checks to dead people. If you received one for a family member who passed away, there are certain steps you …
June 25, 2020