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Kimberly Lankford

Contributing Editor
Kiplinger's Personal Finance

As the "Ask Kim" columnist for Kiplinger's Personal Finance, Lankford receives hundreds of personal finance questions from readers every month. She is the author of Rescue Your Financial Life (McGraw-Hill, 2003), The Insurance Maze: How You Can Save Money on Insurance -- and Still Get the Coverage You Need (Kaplan, 2006), Kiplinger's Ask Kim for Money Smart Solutions (Kaplan, 2007) and The Kiplinger/BBB Personal Finance Guide for Military Families. She is frequently featured as a financial expert on television and radio, including NBC's Today Show, CNN, CNBC and National Public Radio.

Latest Features

Ask Kim
April 2018

How Your Home Sale Will Be Taxed

Singles don't have to pay taxes on up to $250,000 in profits on the sale of their home, and couples can shelter twice that amount from taxes. But even if the gain is much higher, there are ways for home sellers to minimize the tax bite.

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Ask Kim
April 2018

Shopping for a 529 Plan for a Grandchild

When searching for a 529 college-savings plan for a grandchild, first check whether your state offers a tax break for your contributions.

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Ask Kim
April 2018

5 Last-Minute Ways to Cut Your Tax Bill

The tax deadline is just days away, but you still have time to reduce your tax bill or help a young worker get a jump-start on saving for retirement if you contribute to these five tax-friendly accounts.

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Ask Kim
April 2018

Calculating Taxes on Social Security Benefits

As much as 85% of your Social Security benefits could be taxable if you have other sources of income, such as earnings from work or withdrawals from tax-deferred retirement accounts.

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Ask Kim
April 2018

How Much Can You Contribute to a Health Savings Account?

Even if you have a qualified health insurance policy only for a few months out of the year, you can still make a tax-deductible contribution to a health savings account.

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Ask Kim
April 2018

When It's Safe to Shred Your Tax Records

Many records are no longer needed three years after filing your tax return, but you may have to keep documents involving the purchase of a house or investments for years longer.

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Ask Kim
April 2018

How to Undo a Roth IRA Contribution If Your Income Is Too High

You can still recharacterize a Roth contribution and move the money to a traditional IRA.

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Long-Term Care Insurance
April 2018

The Long-Term-Care Insurance Dilemma

Premiums keep rising, but you may need a policy more than ever.

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Ask Kim
April 2018

Should You Get Cell Phone Insurance?

If you (or your teenager) often drop or misplace your cell phone, it may be worth it to buy coverage along with the phone.

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SLIDE SHOW
April 2017

Smart Uses for Your Tax Refund

If you have a refund check coming your way, consider using it to bolster your personal balance sheet. The average refund is usually around $3,000, and most people receive the money within three weeks of ...

See More From: Family Finances

Ask Kim
March 2018

Don't Miss the Deadline for Your RMDs

Usually, you can wait until April 1 to take your first RMD. But the deadline falls on a holiday weekend this year, so you'll need to act sooner.

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QUIZ
January 2015

How Well Do You Know 529 Plans?

The new tax law expanded the definition of eligible expenses for 529s. In addition to ...

See More From: Paying for College

Ask Kim
March 2018

Helping Young Workers Open a Roth IRA

It's not too early for kids with part-time or summer jobs to contribute to a Roth IRA. Even a small investment now can turn today's teen into a millionaire by retirement.

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Ask Kim
March 2018

New Medicare Cards Are Coming Soon

In April, Medicare will start mailing new cards that don't disclose Social Security numbers. But the rollout will take a year.

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Ask Kim
March 2018

Health Insurance Options When Leaving a Job

If leaving a job means losing your health insurance, you can get coverage through a government health care exchange or another insurer, or you can stick with your employer's plan for up to 18 months.

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Ask Kim
March 2018

What's the Penalty for Canceling a Rewards Credit Card?

Why you might want to hold on to that account.

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Ask Kim
March 2018

New Limit for Health Savings Account Contributions

Using a new measure of inflation, the IRS has reduced the amount that people with family medical coverage can contribute to a health savings account in 2018.

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