Carrie answers your financial questions.
Carrie Schwab-Pomerantz, CFP®, is a leading advocate for financial literacy and one of America's most trusted sources for financial advice. She answers today's perplexing financial questions every week in her Ask Carrie column.
Carrie answers your financial questions.
How Does SECURE 2.0 Help 70-Somethings Save More?
You're never too old to keep saving. And the new benefits of SECURE 2.0 give you added opportunities—even past age 70.
March 29, 2023
Focusing on a Tax Refund? Do Some Planning Instead
Getting a tax refund can feel great. But doing more careful tax planning can reap even bigger rewards.
March 1, 2023
Can You Give Stock as a Gift?
Giving stock can be both a financial gift and a personal finance lesson. But get the details first.
November 16, 2022
Paying for College: Are Scholarships Taxable?
Scholarship money is generally tax-free provided the student is a candidate for a degree at an eligible institution and the money is used to pay for qualified expenses.
May 6, 2022
Does Your Teen Need to File a Tax Return?
Whether or not your teen needs to file a tax return, a first job and first investments can be a great start to their financial education.
March 16, 2022
Are You Making the Most of Your Charitable Donations?
You don't need a lot of money to make a meaningful charitable contribution; you just have to be strategic.
August 7, 2020
Can I Lower My Income Tax Bill Now That I'm Retired?
Completing your tax return every year can be a monumental task. And figuring out how to manage your tax bill takes even more work. It takes long-term planning, short-term decisions, and a solid understanding of tax concepts.
May 19, 2020
Ordinary Ways to Give During Extraordinary Times
From small personal gestures to larger contributions, if you want to give back, now is a perfect time.
April 29, 2020
Will You Have to Pay Capital Gains Taxes on the Sale of Your Home?
There are generous exclusions for capital gains on the sale of a home—but timing is crucial.
February 18, 2020
What Do I Need to Know About Estate Taxes?
Federal estate taxes apply to only a small fraction of taxpayers. But even if you don't have to pay federal estate taxes, you may be on the hook for state taxes.
January 21, 2020