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How to Tackle a Thorny Investment Tax Issue

Q: I have a taxable account at a discount brokerage, and I purchase stocks ...
Q: I have a taxable account at a discount brokerage, and I purchase stocks on margin. How do I write off the margin interest? – William, Northport, Fla. A: You can deduct all kinds of...

Why You Might Want to Take Student Loans Before Using Up College Savings

Q: "My daughter will be starting college this fall. I’m estimating the tuit...
Q: "My daughter will be starting college this fall. I’m estimating the tuition will be about $25,000 each year. I’ve got about $45,000 put aside in a 529 for her. When should I tap that...

How Younger Spouses Can Get the Most from Social Security

Q. I was born in 1953 and will turn 62 this August. My projected Social Sec...
Q. I was born in 1953 and will turn 62 this August. My projected Social Security benefit is $1,488 at age 62 and $1,974 at 66. My total family benefit ceiling is $3,508. My wife...

How to Cash in on a Piece of History

Q: My mother has a postal savings bond dated 1939. The bond was only $1 dol...
Q: My mother has a postal savings bond dated 1939. The bond was only $1 dollar. It has my father’s name on it, but he has been deceased for over 40 years. What can my...

The Right Way to Claim Social Security Lump-Sum Benefits

Q. I have a question regarding collecting half of my Social Security benefi...
Q. I have a question regarding collecting half of my Social Security benefit in a lump sum when filing a claim for the first time. Is this an option that you are aware of? If...

How Social Security Calculates Your Benefits

Q. Is it possible to obtain the inflation index that Social Security uses t...
Q. Is it possible to obtain the inflation index that Social Security uses to adjust each year’s earning such that I could attempt to perform the overall calculation myself? I’m interested in knowing whether any...

How to Invest an Inheritance

Q: I'm 22 years old and inherited quite a bit of money from a parent who pa...
Q: I'm 22 years old and inherited quite a bit of money from a parent who passed away. What is the best thing to do with the money in terms of investing and long-term growth?...

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