Will Social Security exist for Millennials and Gen Z?

Will Social Security exist for Millennials and Gen Z?

An infamous 1994 poll found that 46% of young Americans believed in UFOs, while only 25% believed they would receive their Social Security benefits. Fast forward nearly 30 years, and nearly three in four Americans (74%) say they do not rely on Social Security benefits when planning their retirement income, according to recent research by … Read more

My sister blocked my number. Should I remove it from my $70 family phone plan?

My sister blocked my number.  Should I remove it from my  family phone plan?

My sister and I, two married adults, have encountered major problems in our relationship. We have always been close but grew up in a tumultuous household that left both of us with deep emotional scars. Recently, she decided at least, in my opinion, to project her emotional baggage onto me. This caused her to not … Read more

How can you trust a financial advisor if you don’t know what you’re getting into?

How can you trust a financial advisor if you don’t know what you’re getting into?

Over the years that Pam Krueger hosted MoneyTrack on PBS, listeners constantly told her they were so afraid of going to see a financial planner that they categorized it as going to the dentist or seeing a divorce lawyer. “They are so intimidated in that first meeting. They feel like they’re going to be judged, … Read more

These “curve balls” could sabotage your retirement

These “curve balls” could sabotage your retirement

There’s an old Yiddish phrase, “Man plans and God laughs,” which seems particularly apt for retreat. You may have been saving up for this stage of life and thinking about what you will do with your new free time. But chances are you’ll find yourself facing what a new retirement study from financial services firm … Read more

My husband passed away and his HSA funds were sent to me. Do I have to pay taxes on it?

My husband passed away and his HSA funds were sent to me.  Do I have to pay taxes on it?

Posted: May 19, 2023 2:05 PM ET My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails … Read more

My husband passed away and his HSA funds were sent to me. Do I have to pay taxes on it?

My husband passed away and his HSA funds were sent to me.  Do I have to pay taxes on it?

My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails and documents they sent me a check … Read more