Ask Kim
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Withholding Taxes From Social Security
social security Older taxpayers can avoid a big bill at tax time or a penalty for underpaying taxes by having the government withhold taxes from their Social Security benefits.
By Kimberly Lankford • Last updated
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How to Fund a Memorial Scholarship to Honor a Veteran
Paying for College With the help of a college or community foundation, you can establish a scholarship in the name of a loved one to help students in perpetuity.
By Kimberly Lankford • Last updated
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Social Security Benefits to Increase 2.8% with 2019 COLA Adjustment
social security While recipients will get a cost-of-living adjustment, workers will have more of their income subject to the Social Security tax.
By Kimberly Lankford • Last updated
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Credit Report Error? They All Matter
credit & debt Don't dismiss a minor error. It could be the sign of something more serious.
By Kimberly Lankford • Published
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Insurance for a Learning Driver
insurance Adding a teen driver to your plan will raise premiums, but there are things you can do to help reduce them.
By Kimberly Lankford • Published
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Getting Out of an RMD Penalty
retirement When your brokerage firm miscalculates your required minimum distributions, you have recourse.
By Kimberly Lankford • Published
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529 Plans Aren’t Just for Kids
529 Plans You don’t have to be college-age to use the money tax-free, but there are stipulations.
By Kimberly Lankford • Published
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When to Transfer Ownership of a Custodial Account
savings Before your child turns 18, you should check with your broker about the account's age of majority and termination.
By Kimberly Lankford • Published
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Borrowers Get More Time to Repay 401(k) Loans
retirement If you leave your job while you have an outstanding 401(k) loan, Uncle Sam now gives you extra time to repay it -- thanks to the new tax law.
By Kimberly Lankford • Published
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