Correction: NerdWallet-Liz Weston-2021 Money Resolutions
Liz Weston of NerdWallet | Hagadone News Network | UPDATED 4 years, 11 months AGO
In a story January 4, 2021, about personal money resolutions, The Associated Press — in an article supplied by the personal finance website NerdWallet — erroneously reported some requirements for direct contributions to a Roth IRA. The ability to contribute ends at modified adjusted gross income of $140,000 for singles and $208,000 for married filing jointly, rather than starts to phase out at those amounts.
ARTICLES BY LIZ WESTON OF NERDWALLET
Liz Weston: Tax traps that side hustlers should avoid
Millions of Americans earn extra money outside their regular jobs — as ride-hailing drivers, Airbnb hosts, eBay sellers and freelancers of all kinds. Their side hustle income may help make ends meet, but it also can create tax traps.
Liz Weston: How to stock up wisely, emergency or not
Concerns about the spread of coronavirus disease 2019 (abbreviated COVID-19) mean more of us are doing what we probably should have been doing all along: washing our hands more frequently and thoroughly; staying at home when we’re sick; stocking up on food and supplies in case that stay becomes extended.
Liz Weston: Don't give your adult kids your house
Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.