Ask Kim

When to Use Virtual Doctors' Visits

[QUESTION]My health plan is offering telemedicine this year. When and why should I use this service? - J.B., ChicagoSee Also: 50 Ways to Save on Health Care [ANSWER]Telemedicine, which offers basic health care...

Financial Prep for Natural Disasters

[QUESTION]I live near the recent wildfires in California, and fortunately my house was safe. What can I do to protect myself financially if I'm not so lucky next time? - M.S., Woodland Hills, Calif.See Also: 10...

The 11 Most Valuable Personal-Finance Lessons...

Editor's Note: Kim Lankford answers readers' real-life financial queries in her popular Ask Kim column on Kiplinger.com and in Kiplinger's Personal Finance magazine. She receives hundreds of questions every month...

Last-Minute Questions on RMDs from Retirement...

I've been hearing recently from readers with some tricky questions about required minimum distributions. These are the mandatory withdrawals that savers over 70½ must take from traditional IRAs, 401(k)s and...

The Tax Consequences of a "Backdoor" Roth IRA

[QUESTION]I'd like to roll over some money from my old 401(k)s into an IRA to make it easier to keep track of my investments. But I heard that the rollover could hurt my ability to make a "backdoor Roth IRA...

New Rules for Your Flexible Spending Account

[Question]Do I have to use up all of the money in my flexible spending account by December 31? If so, what kinds of medical expenses can I use it on in the last few weeks of the year?[Answer]Ask your employer...

Make the Most of Potential Tax Deductions...

[Question]Will I be able to save on taxes if I prepay my January 2019 mortgage bill before the end of the year in 2018? Can I also still deduct my charitable contributions in 2018?[Answer]The answers to both...

How to Endow a Scholarship

[QUESTION]My family would like to establish an engineering scholarship in memory of my uncle. How do we set one up? - E.S., Green Bay, Wis.See Also: 10 Best Values in U.S. Colleges, 2018 [ANSWER]You can set up a...

Using 529-Plan Money for College Overseas

[QUESTION]My daughter may go to college in Europe next year. Can we use her 529 college-savings money tax-free outside of the U.S.? - S.S., Lubbock, TexasSee Also: How Well Do You Know College 529...

What You Need to Know About Taxes on Rental Income

[QUESTION]I'm thinking about renting out my house for a few weeks while I'm away on vacation this summer. What do I need to know about taxes? - B.G., New OrleansSee Also: Tips for Renting Your Home on...

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Stories & Features

Investing

7 Companies Getting Hit by the Government Shutdown

The partial U.S. government shutdown is now into its fourth week, making it the longest-ever political...

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Keep Data Safe in the Cloud

You probably got the memo ages ago that you need to back up your computer's files religiously....