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How to Correct a Mistake on Your RMDs from IRAs

[QUESTION]My brokerage firm split my IRA into two separate accounts in 2016, and I just discovered that it calculated my required minimum distribution for only one of the accounts. Because of this mistake, I...

What Travel Insurance Covers When Planes Are...

[Question]Can people whose flights were canceled when Boeing 737 Max planes were grounded get a claim paid from their travel insurance?[Answer]Travel insurance likely will not cover cancellations specifically due...

Ways to Spend Your Flexible Spending Account...

[Question]I just realized that I have a few hundred dollars left over from my flexible spending account from last year that I must spend by March 15 or else I'll lose it. What can I use it for on short...

Paying for Continuing Education With a 529 Plan

[Question]Can I use money tax-free from a 529 college-savings plan to pay for continuing education? Or do I have to be enrolled in a college degree or certificate program?[Answer]As long as you are taking the...

Making the Most of a Health Savings Account...

[Question]Does the penalty for using health savings account money for non-medical expenses disappear entirely at age 65? Does that mean I could withdraw the money after age 65 for a vacation and just pay taxes on...

What's the Best Medigap Policy

[Question]Do you have any advice to help me choose which type of Medicare supplement plan to buy? - M.R., Folsom, Calif.[Answer]Medicare supplement policies (medigap plans), which pay out-of-pocket costs not...

Credit Freezes Aren't Foolproof

[Question]My wife and I both froze our credit reports to prevent identity theft. With the freeze in place, is it safe to stop checking our credit reports periodically? - G.W., Chantilly, Va.[Answer]A credit...

Using a 529 Plan for High School

[Question]What are the rules for withdrawing money from a 529 college-savings plan to pay for high school expenses? - E.L., Oakland, Calif. [Answer]Federal law now allows you to withdraw up to $10,000 tax-free...

Reporting Charitable IRA Distributions on Tax...

[Question]I transferred part of my required minimum distribution directly from my IRA to charity, which should be a tax-free charitable distribution and not included in my adjusted gross income. The problem is...

When You Can Expect to Receive Your Tax Refund

[Question]I just filed my income tax return. When will I get my refund?[Answer]The IRS usually issues refunds within 21 days after you e-file, or within six weeks if you mail your return. You'll get your money...

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Investing

8 Best Vanguard ETFs for a Low-Cost Core

Vanguard is the best-known pioneer of low-cost investing, including in the exchange-traded fund space....

Spending Wisely

Aldi vs. Whole Foods (After Amazon Cut Produce...

Whole Foods announced another round of price cuts on April 1, this time claiming to lower everyday...