Money blogger for the @WashingtonPost. Read more: @GetThereWP. Send me your tips & questions: jonnelle.marte@washpost.com

Why putting off retirement savings until you make more money is a big mistake

washingtonpost.com — People in their 20s have a list of excuses for putting off saving for retirement: Their paychecks are too small. They don't know how long they'll stay with a company. Why worry now about something that feels a million years away?

The case for not paying off your mortgage by retirement

washingtonpost.com — Traditional retirement advice typically calls for paying off the mortgage and reducing debt as much as possible before moving on to what's sure to be a smaller paycheck. Tom Anderson says that's a big mistake. Anderson, author of "The Value of Debt in Retirement," says people should think more like corporations by balancing debt with the cash they have on hand.

Some TurboTax customers had refunds stolen after they filed

washingtonpost.com — Michelle Quinn filed her tax return in January and got the good news that she was due a refund of about $8,000. But days after the refund was supposed to arrive, the 33-year-old mother of two still didn't see the cash in her bank account.

Timely advice for tax procrastinators

washingtonpost.com — Tax Day is less than a month away. If you haven't filed your return by now, you probably want to get started. The final days of the filing season are always stressful as tax pros and taxpayers overcome setbacks - missing forms, new tax rules, a spike in tax fraud - to prepare and file returns by the April 15 deadline.

The IRS unveils a plan to fight rising tax fraud

washingtonpost.com — The IRS said Thursday it will work with state tax authorities and companies like TurboTax and H&R Block to make changes that would reduce fraud during the next tax filing season. With a surge of suspicious filings this year, officials at the IRS and executives from Intuit, the maker of TurboTax, have been eager to show they're doing their best to protect taxpayers.

The IRS is meeting with Intuit and H&R Block to talk tax fraud

washingtonpost.com — IRS Commissioner John Koskinen will meet with the chief executives of Intuit and H&R Block, along with state tax authorities and other tax preparation companies on Thursday to talk about identity theft.

Tax Day is coming up quick. Is it too late to hire an accountant?

washingtonpost.com — Tax Day is less than a month away. If you haven't met with an accountant by now, you might be out of luck. Tax professionals are starting their days early and staying late to do as much as they can before the April 15 deadline, and many are booked and hustling to finish returns for existing customers, says Troy Lewis, head of the tax executive committee for the American Institute of CPAs.

Do any mutual funds ever beat the market? Hardly.

washingtonpost.com — Stocks have been going up and up for six years now, but many ordinary investors aren't reaping the full benefits of those gains. If they aren't buying and selling their stocks at the wrong time, many people are staying put - in costly mutual funds that aren't doing any better than the stock market overall.

What you need to know if you’re planning to use TurboTax

washingtonpost.com — A surge in suspicious tax filings this year has highlighted how difficult it is for tax preparation companies and tax authorities to keep up with tax criminals, who are growing ever more sophisticated. For some taxpayers, the fraud raises concerns about how much they should do to protect themselves as they prepare and file their returns.

He's $90,000 in debt and six years from retirement

stltoday.com — English Brent Taylor is just a few years from retirement, but before he can take it easy, he needs to tackle a burden more seniors are carrying: debt. At 67, Taylor is working to pay off close to $90,000 in debt before he leaves his full-time job with the help desk for James Madison University.
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Mar 27, 2015

Why you should open a retirement account by the time you're 25. (In one chart). wapo.st/1CTNiaC pic.twitter.com/3FrPaNhh3C

Mar 27, 2015

@SingletaryM Being debt free and having savings is probably best of both worlds.

Mar 27, 2015

@SingletaryM Yes, I think holding on to the debt only makes sense if paying off your mortgage will mean having NO cash on hand.

Mar 27, 2015

Why it’s a mistake to wait until you make more money before you start saving for retirement. wapo.st/1CTNiaC pic.twitter.com/Y2qMtOvJa8

Mar 26, 2015

Is it smart to pay off your mortgage before you retire? wapo.st/1FWVUxL Seeing some good points from readers. pic.twitter.com/zAm9uEqgKP

Mar 26, 2015

RT @capitalweather: Hello spring. How nice of you to join us. It's 71 in DC at 3p w/ partly sunny skies.

Mar 26, 2015

@TomValueOfDebt Thank you for the time and for sharing the interview!

Mar 26, 2015

Consumer protection agency, for first time, takes aim at payday lenders wpo.st/0RAA0

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