1100 13th Street, NW, Suite 750Washington, DC 20005202.887.6400Customer Service: 800.544.0155
All Contents © 2019The Kiplinger Washington Editors
Kim Lankford answers your questions about managing money -- specifically, insurance and taxes -- twice a week.
FREE - Get the best of kiplinger.com (including Ask Kim) by E-mail
If you didn't take out the correct required minimum distribution because your brokerage firm made a mistake, the IRS may show some leniency.
See More On: Required Minimum Distributions (RMDs) | IRAs | Tax Planning
Your travel insurance might help with some costs if your trip was delayed because of the recent grounding of Boeing 737 Max planes.
See More On: Travel
Many workers will be hitting the drugstore in the next few days to use up leftover flexible spending account money from 2018 so they don’t lose it.
See More On: Health Care & Insurance | Tax Breaks | Tax Planning
You don’t have to pursue a college degree to be able to use tax-free money from a 529 college-savings plan to pay for classes.
See More On: 529 Plans
You’ll face a stiff penalty and taxes if you tap your health savings account for non-medical expenses before the age of 65. After that, the rules change.
See More On: Making Your Money Last | Employee Benefits | Financial Planning
All plans with the same letter have the same coverage, but prices can vary by company.
See More On: Health Care & Insurance | Family Finances
Taxpayers need to be careful when reporting charitable gifts from their IRA on their tax returns, or they may end up overpaying Uncle Sam.
See More On: Required Minimum Distributions (RMDs) | Family Finances | IRAs
Why you should still be periodically checking all three credit reports.
See More On: Credit Reports & Scores
The quickest way to receive your tax refund is to file electronically and have the money directly deposited into your bank account.
See More On: Tax Prep & Filing
The government is offering a new retirement option so that service members who leave the military before qualifying for a pension can still receive some benefits.
See More On: Saving for Retirement
The tax deduction you get for contributing to your state’s 529 plan can disappear if you move to another state.
See More On: 529 Plans | Paying for College | Tax Breaks
You’re now able to withdraw up to $10,000 tax-free from a 529 plan each year for K-12 tuition.
See More On: 529 Plans | Family Finances
Before your drone takes to the sky, see if your insurer will cover any damages the unmanned aircraft may cause to others or their property.
See More On: Home Insurance | Auto Insurance
Medicare beneficiaries can see their premiums go up if their income rises, although for some that increase will be only temporary.
See More On: Medicare
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.
See More On: 401(k)s | Employee Benefits | Loans
You can convert tax-deferred money in a traditional IRA into tax-free cash by rolling it over to a health savings account and using it to pay for medical bills.
See More On: Health Care & Insurance | Employee Benefits | IRAs
Your IRA administrator will send you a 1099-R, noting your entire distribution; you need to report it to Uncle Sam -- and call out what portion was used as a qualified charitable distribution -- on your 1040.