
Kathryn Pomroy
For the past 18+ years, Kathryn has highlighted the humanity in personal finance by shaping stories that identify the opportunities and obstacles in managing a person's finances. All the same, she’ll jump on other equally important topics if needed. Kathryn graduated with a degree in Journalism and lives in Duluth, Minnesota. She joined Kiplinger in 2023 as a contributor.
Latest articles by Kathryn Pomroy
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The Real Cost of Funding Adult Children: Postponing Retirement
Report shows that nearly one-third of American parents support their adult children financially.
By Kathryn Pomroy Last updated
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Where Are the Best Areas for Tiny Homes?
Thinking about downsizing? A tiny home creates a cozy space at a lower operating cost. See which areas are best for them.
By Kathryn Pomroy Last updated
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Half of All Households Have a Female CFO. Does Yours?
New study on women and money shows that 49% of women consider themselves to be the CFO of their household and 43% the main breadwinner.
By Kathryn Pomroy Last updated
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Going Freelance — What You Need to Know
FlexJob’s report spotlights top companies, career fields, and job titles on the rise for fully remote freelance workers.
By Kathryn Pomroy Last updated
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Five Biggest Frauds To Watch Out For
The biggest frauds involve the use of artificial intelligence (AI) to dupe consumers and businesses. Here's what to look out for.
By Kathryn Pomroy Last updated
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Sorry, Florida, Retirees Just Aren't That Into You
For years, Florida was the go-to state for retirees looking for sunshine, warm temps, sandy beaches and endless ways to stay busy. But those glory days may be over, according to a recent study
By Kathryn Pomroy Published
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Why Luxury Home Sales Are at an All-Time High
The average price of a luxury home in the U.S. sold for a record $1.18 million in the second quarter of 2024, up 8.8% from a year earlier, Redfin shows.
By Kathryn Pomroy Last updated
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Will the New Social Security Fairness Act Change Your Benefits In 2025?
The Social Security Fairness Act will impact the Social Security benefits of millions of public sector retirees, enabling those with a pension to also collect full SS benefits. However, retroactive payments have been delayed.
By Kathryn Pomroy Last updated
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Thrift Savings Plan Contribution Limits for 2025
Thrift Savings Plan contribution limits are rising to $23,500 in 2025, up from $23,000 in 2024. Plus, new catch-up limits for people 60-63.
By Kathryn Pomroy Last updated
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BlackRock CEO Larry Fink Says Retiring at 65 Is ‘Crazy’
Fink says it's time to rethink the traditional retirement age of 65. Baby boomers are partly to blame.
By Kathryn Pomroy Published
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Four Smart Money Moves to Make Right Now
To start out 2025 on a high note, we looked at four smart money moves to make today to secure your finances tomorrow.
By Kathryn Pomroy Last updated
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Is Your Company Age-Friendly? Most Companies Say They Are But Employees Don't See It
In recent years, many companies have stepped up their efforts to attract and retain older workers. But many older workers aren't seeing the impact. Here's what to do about it.
By Kathryn Pomroy Published
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What Is the Social Security January Payment Schedule?
Generally, the exact date your first Social Security January benefit arrives depends on what day of the month you were born. Payments follow the month that they are due, so your January check is for your December benefit.
By Kathryn Pomroy Last updated
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No Roth IRA In Your Retirement Plan? The Pros and Cons of Adding One in 2025
Think you might want to open a Roth IRA? Roth IRAs offer tax-free growth of your investments and no RMDs, but income limits are low and you have to wait to withdraw earnings.
By Kathryn Pomroy Last updated
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42% of Adults Have Committed Financial Infidelity. Have you?
Survey shows that more than two in five U.S. adults have kept financial secrets from their significant other, committing "financial infidelity."
By Kathryn Pomroy Last updated
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With Mortgage Rates Dipping, Is Now a Good Time to Buy a House?
Pricing pressure, interest rates, and rising unemployment numbers have sidelined homebuyers. But now that the Fed has cut rates, is it a good time to think about getting back into the market?
By Kathryn Pomroy Last updated
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Best Cities for Homebuyers 55 and Older
An Opendoor survey ranked San Antonio, Texas, as the best aging-friendly city, with Charlotte, North Carolina, rounding out the top ten
By Kathryn Pomroy Last updated
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Don't Make These Big Mistakes When Claiming Your Social Security Benefits
New survey reveals that many people don't’ know their full retirement age, aren’t sure the age they are or were eligible for full retirement benefits or take benefits too early.
By Kathryn Pomroy Last updated
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What Is a Starter 401(k)?
Starter 401(k) plans make it easier for employers to offer a retirement plan to employees and for employees to save for their future.
By Kathryn Pomroy Last updated
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What Is a Safe Harbor 401(k)?
Part of the Small Business Job Protection Act, this type of 401(k) makes it easier for small businesses to offer retirement plans to their employees.
By Kathryn Pomroy Last updated
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Best Gift Cards of 2024
New study by WalletHub compares the 50 most popular gift card options across five major categories
By Kathryn Pomroy Last updated
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Amazon: 20 Last-Minute Christmas Deals
You can still bag great holiday deals on Amazon, but hurry. Time is running out
By Kathryn Pomroy Last updated
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Best White Elephant Christmas Gifts Under $25
There are still great gifts under $25 available for everyone on your list from Walmart, Costco, Amazon and Target.
By Kathryn Pomroy Last updated
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25 Best After-Christmas Sales
Shop post-Christmas sales from Costco, Amazon, Best Buy, Walmart and Target — and ring in the New Year with savings.
By Kathryn Pomroy Last updated