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Author: Susan Tompor, Detroit Free Press

Money

New federal income tax form may catch you by surprise. Here’s what you need to know.

January 29, 2019 Susan Tompor, Detroit Free Press Comments Off on New federal income tax form may catch you by surprise. Here’s what you need to know.

Anxiety will run high this tax season. But doing your taxes still requires steps like finding the 2017 return and understanding key changes.

Money

How banks are helping you budget and track your money to avoid overspending

December 27, 2018 Susan Tompor, Detroit Free Press Comments Off on How banks are helping you budget and track your money to avoid overspending

Mom can’t always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.

Money

Why Ohio bitcoin tax gimmick is like paying with Beanie Babies

December 24, 2018 Susan Tompor, Detroit Free Press Comments Off on Why Ohio bitcoin tax gimmick is like paying with Beanie Babies

Will more states follow Ohio in accepting bitcoin for tax payments? Doubtful, given that no one knows what bitcoin will be worth tomorrow.

Money

A million pension checks risk huge cuts without this fix

December 15, 2018 Susan Tompor, Detroit Free Press Comments Off on A million pension checks risk huge cuts without this fix

About 120 pension plans, covering about 1.3 million people, are underfunded by $48.9 billion and could fail if a solution isn’t found.

Money

Social Security calling? Nope, it’s just scammers out to grab your cash

December 5, 2018December 5, 2018 Susan Tompor, Detroit Free Press Comments Off on Social Security calling? Nope, it’s just scammers out to grab your cash

Calls from Social Security imposters using fear tactics have been higher than IRS scams lately, according to the AARP Fraud Watch Network.

Money

Saving for college: A workplace perk that can help your kids avoid debt

December 1, 2018 Susan Tompor, Detroit Free Press Comments Off on Saving for college: A workplace perk that can help your kids avoid debt

More employers are promoting 529 college savings plans. Some allow workers to deduct contributions from their paychecks.

Money

Year-end charitable giving doesn’t guarantee a tax break. Here’s what you need to know.

November 26, 2018 Susan Tompor, Detroit Free Press Comments Off on Year-end charitable giving doesn’t guarantee a tax break. Here’s what you need to know.

Giving Tuesday kicks off the charitable season. But new tax rules make it more complicated to figure out if you’d be able to claim a tax deduction.

Money

Gift ideas to help with college savings, student loan debt

November 25, 2018 Susan Tompor, Detroit Free Press Comments Off on Gift ideas to help with college savings, student loan debt

Many grandparents, as well as aunts and uncles, may be looking for money-wise gifts, such as helping topay down student loans.

Money

Black Friday shoppers beware: Scammers likely to use ‘pick up in store’ scam

November 19, 2018 Susan Tompor, Detroit Free Press Comments Off on Black Friday shoppers beware: Scammers likely to use ‘pick up in store’ scam

Crooks will be competing with consumers online for all those hot deals from Thanksgiving to Cyber Monday when fraud attempts can jump significantly.

How to get $100,000 or more in your 401(k) by your 30s

November 17, 2018 Susan Tompor, Detroit Free Press Comments Off on How to get $100,000 or more in your 401(k) by your 30s

About 68 percent of millennials on Fidelity’s 401(k) platform have all of their money in the plan invested in a prepackagedtarget-date fund.

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Headlines

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023 John Bacon, Douglas Soule and Christopher Cann, USA TODAY

‘Big Hero 6’s San Fransokyo comes to life at Disneyland

August 31, 2023 Eve Chen, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023 Jennifer Jolly

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023 Kim Hjelmgaard, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023 Paul Davidson, USA TODAY

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023 Bob Nightengale, USA TODAY

Blue supermoon: See photos of the rare moon that won’t happen again until 2037

August 31, 2023 Francisco Guzman, USA TODAY

1 dead, 18 injured after collision between car, Greyhound bus in Maryland, police say

August 31, 2023 Emily DeLetter, USA TODAY

USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

August 31, 2023 USA TODAY

Many homeless among dead in fire in Johannesburg, South Africa

August 31, 2023 AP
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