1100 13th Street, NW, Suite 750Washington, DC 20005202.887.6400Toll-free: 800.544.0155
All Contents © 2018The 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
Most homeowners with flood insurance still get it from the federal government. But private insurers are starting to offer policies with higher coverage – and sometimes even lower premiums.
See More On: Home Insurance
Spouses can choose a long-term-care policy with “shared” coverage, giving them a pool of benefits that they can split.
See More On: Long-Term Care Insurance | Family Finances | Financial Planning
Paying for college will be a little easier if you qualify for one of these two tax credits.
See More On: Tax Breaks | Paying for College | Tax Planning
Your investment firm will send you a form to verify any contribution you make to an IRA. This can come in handy later if you’re trying to figure taxes on withdrawals.
See More On: IRAs | Family Finances | Financial Planning
Credit scores typically fluctuate a little from month to month, often because of changes in credit card balances. Here’s what to do when fluctuations in your scores are more dramatic.
See More On: Credit Reports & Scores | Credit Cards | Economic Forecasts
Young adults can stay on the family health policy until age 26. But if they go away to college and are outside the insurer's network of doctors, families need to reconsider their insurance options.
See More On: Health Care & Insurance
With the help of a college or community foundation, you can establish a scholarship in the name of a loved one that will help students in perpetuity.
See More On: Paying for College | Estate Planning
A new federal law will soon allow everyone to freeze -- and thaw -- their credit report free. A freeze can deter identity theft.
See More On: Credit Cards
Older taxpayers can avoid a big bill at tax time or a penalty for underpaying taxes by having the government withhold taxes from their Social Security benefits.
See More On: Social Security
The new tax law still allows high earners to contribute indirectly to a Roth IRA. But the tax bill for doing so will depend partly on whether they have other money in a traditional IRA.
See More On: Roth IRAs | IRAs | Saving for Retirement
Distributions from a grandparent-owned 529 savings plan could reduce a grandchild's financial aid. But using one of these strategies can limit the impact.
See More On: 529 Plans | Paying for College | Student Loans
You could pay more in extra premiums than you receive from your insurer for the claim.
See More On: Auto Insurance | Family Finances
It's important to name a beneficiary on the account.
See More On: Estate Planning | Health Care & Insurance
Why it's never too early to start saving for retirement.
See More On: Roth IRAs | IRAs
If you haven't filed Form 8606 with the IRS to track your nondeductible IRA contributions over the years, it will take a bit of detective work.
See More On: IRAs | Saving for Retirement | Tax Planning
If you lost track of U.S. savings bonds purchased decades ago for you when you were a child, the Treasury Department can help you find them.
See More On: Saving Money | Banking | Family Finances
The maximum contribution families can make to health savings accounts for 2018 is $6,900, after the IRS reversed its March decision to lower the limit by $50.
See More On: Health Care & Insurance | Employee Benefits | Family Finances