
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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Planning a Summer Road Trip? Here's How to Cut Costs
Drivers expect to spend about $2 per mile on average, or about $1,000 on road trips this summer, according to an Experian survey.
By Kathryn Pomroy Last updated
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What Is the Magic Number You Need to Retire Comfortably?
The dream of retiring comfortably has become a bit less expensive for most Americans, study shows.
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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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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Where to Retire For the Perfect Mix of Health and Happiness
Utah tops the list for having the happiest retirees, while Minnesota ranks high for best overall healthcare. Where does your state rank?
By Kathryn Pomroy Published
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Should You Contribute to a 401(k) Without Employer Matching?
Even without a company match, money socked away in a 401(k) can still be a great investment if your goal is long-term retirement savings.
By Kathryn Pomroy Last updated
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This Retirement Plan Makes It Easier to Switch Jobs and Take Your Savings With You
Portable Retirement Plans allow employees to take their retirement savings with them when they change jobs without losing their accumulated savings.
By Kathryn Pomroy Last updated
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Get a Free Will or Trust, Online, in Under an Hour
Create a state-specific, attorney-approved will or living trust — at no cost and in less than one hour — with Fifth Third Bank.
By Kathryn Pomroy Published
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The 401(k) Option Few Plans Offer, But Most People Want
In addition to traditional holdings, employees want retirement plans that offer options for converting savings into guaranteed monthly income that never runs out.
By Kathryn Pomroy Published
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40 Memorial Day Deals and Discounts
As Memorial Day weekend begins, find deals and discounts on dozens of items from Amazon, Costco, Best Buy, Target and more.
By Kathryn Pomroy Last updated
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Over Half of Americans Stumble Financially After Losing a Loved One. Are You Prepared?
Losing a loved one can be overwhelming, and for many, it also puts an unexpected strain on their finances, a study shows.
By Kathryn Pomroy Published
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New Bill Would Lower Age to Contribute to 401(k)s to 18 from 21. What You Need to Know
The bipartisan Helping Young Americans Save for Retirement Act would lower the minimum age for participants in workplace retirement plans from 21 to 18.
By Kathryn Pomroy Published
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How to Age Gracefully: Learn from Bill Gates, the Who and David Attenborough
Getting old isn’t nearly as bad as many people think it will be. Nor is it quite as good. Maybe it’s somewhere in between.
By Kathryn Pomroy Published
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Could a Golden Visa Be Your Ticket to Retiring Abroad?
Trump and DOGE are weighing a U.S. "Gold Card" that would let the wealthy emigrate to the U.S. for a fee. But golden visas have been around for years worldwide. Here's how they work.
By Kathryn Pomroy Published
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You Could Live a Century. Here's How to Plan for Your Retirement.
Your retirement planning needs a longevity check, according to a new study. Here's what you can do.
By Kathryn Pomroy Published
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38 Great Mother's Day Deals
Shop early and honor mothers everywhere with great deals from Walmart, Amazon, Etsy, Applebee's, Pandora and oh, so many more.
By Kathryn Pomroy Last updated
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How Refinancing a Home Loan Works. Is It Right For You?
Refinancing a mortgage works by replacing your current mortgage with a new one. It can save you money or let you tap the equity in your home, but it can take time to break even after upfront costs.
By Kathryn Pomroy Last updated
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40 Discounts, Deals and Freebies to Celebrate National Nurses Week
Celebrate National Nurses Week May 6 - 12 with deals from Costco, Verizon, Carhart, Figs and Green Chef.
By Kathryn Pomroy Last updated
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As the Market Seesaws, Should You Touch Your 401(K)?
401(k)s are built for the long haul. Reacting emotionally in the short term can do serious long-term damage to your retirement plans.
By Kathryn Pomroy Published
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Could Technology Use Help Lower the Risk of Dementia? A New Study Says Yes
“Use it or lose it” enters the digital age as a new study finds that technology may lower the risk of cognitive decline.
By Kathryn Pomroy Published
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Social Security Reverses Plan to Withhold 100% of Benefits to Recoup Overpayments
As of April 25, the SSA will no longer require beneficiaries who have been accidentally overpaid to have 100% of their monthly benefit check withheld until the balance is paid, reversing an earlier decision.
By Kathryn Pomroy Last updated
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Amazon Prime Members Can Now Save Nearly $70 Per Year on Gas
Amazon Prime members can save 10 cents per gallon at select gas stations. See how to sign up for discounts.
By Kathryn Pomroy Last updated
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Can You Sign Up for Medicare While Still on an Employer Health Plan?
When you have private insurance through your employer, signing up for Medicare may still make sense. But beware some serious pitfalls.
By Kathryn Pomroy Last updated
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80-Year Old Dick Durbin, the Senate’s No. 2 Democrat, To Retire After 44 Years in Congress
‘In my heart, I know it’s time to pass the torch,’ Senator Durbin said in a statement.
By Kathryn Pomroy Published
