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Furnace Replacement: How Much a New Furnace Costs 03/27/2023 08:00pm • When you need a new furnace, there's typically not much time to hem and haw over costs. In cold weather, being without your furnace can be dangerous to residents living in the home and potentially lead to water damage from a burst pipe in a deep freeze. But you don't want to overpay for your furnace What Are Granny Pods? 03/27/2023 08:00pm • Most families feel concerns over how to take care of aging relatives. You may be unsure whether you can provide the level of care necessary, but nursing homes and assisted living can be costly. Granny pods, also called granny flats or accessory dwelling units (ADUs), gives families a new option for 7 Things to Know About Withdrawing Money From a Traditional IRA 03/27/2023 08:00pm • Individual retirement accounts, commonly known as IRAs, are retirement fund staples for many people. Traditional IRAs let workers take a tax deduction when they deposit money into their account and then pay taxes when they make a withdrawal. It sounds straightforward, but exactly when and how you wi 7 High-Risk Stocks for Aggressive Investors 03/27/2023 08:00pm • Risk management is the core of successful long-term investing. Investors comfortable with risk can set themselves up for huge long-term gains by identifying the best highly volatile, high-beta stocks to buy. Stocks with betas of 1.5 or higher tend to be at least 50% more volatile than the S&P 50 Fairfax County Board of Supervisors approve 30% pay raise 03/27/2023 05:20am • This article was written by WTOP’s news partner InsideNoVa.com and republished with permission. Sign up for InsideNoVa.com’s free email subscription today. After hours of public comment and testimony, the Fairfax County Board of Supervisors voted 8-2 this week to approve 30 percent salary i Laid Off at Age 60? Here's How to Handle Retirement Savings 03/26/2023 08:00pm • Older U.S. career professionals are walking a tightrope as they near retirement, with decent odds they'll wind up unemployed before hanging their workplace lanyard up for good.According to an Urban Institute study, more than 50% of American workers over age 50 either lost their jobs via layoffs or t 12 Best Free Online Personal Finance Courses 03/26/2023 08:00pm • If you want to learn how to make smart financial decisions, save more and eliminate debt, you're in luck. Today there are plenty of free online personal finance classes to sharpen your money-management skills. "Keep in mind that online personal finance courses should be seen as an education resource 10 Costs to Include in Your Retirement Budget 03/26/2023 08:00pm • Some costs can be reduced or eliminated in retirement, while other expenses might remain the same or even increase as you age. You won't have to pay commuting costs or buy expensive clothes for work in retirement. But you might face new costs as you use more health care services or take up new hobbi How to Invest in TIPS: Treasury Inflation-Protected Securities 03/26/2023 08:00pm • Investors are always searching for ways to protect investments from losses and the eroding effects of inflation. One type of investment that can provide a hedge against inflation when it comes to your investment portfolio is Treasury inflation-protected securities, or TIPS. But especially in today's How to Create a Financial Plan Like a Pro 03/26/2023 08:00pm • Please refresh on this existing URL and use the following update language: on March 24, 2023: This story was published at an earlier date and has been updated with new information. Are you ready to take the reins of your finances and your life? If so, you're going to need a plan. Here's a guide to h How much is a $100K salary worth in the DC region? 03/26/2023 04:13pm • Hitting a six-figure salary is quite achievement for many people. When you consider the high cost of living and inflation, it doesn’t go as far as you think -- at least not in the D.C. area. According to a report released by SmartAsset, 51% of U.S. employees making at least a $100,000 per year Maryland Pepco customers to see bill increase starting in April 03/25/2023 06:52pm • Pepco's nearly 600,000 Maryland customers are expected to see a price increase starting in April, with the average customer's bill going up by more than two dollars. Though Pepco says the average increase will be $2.51, some will see higher increases, depending on their energy use. Mor Ocean City hotel tax effort stalls after debate in Maryland Senate 03/24/2023 04:31am • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. A bill that would allow counties on the Eastern Shore to hike their hotel tax rates by 1% faces an uncertain future after a debate in the Should You Use Your 401(k) to Pay Off Debt? 03/23/2023 08:00pm • If you're struggling to make payments on outstanding balances, you might consider using funds you've put aside for retirement to get rid of the debt. Taking from your 401(k) account could help you reduce or eliminate what you owe. However, there may be penalties and taxes involved, along with other Are I Bonds a Good Investment for Retirees? 03/23/2023 08:00pm • For retirees, I bonds represent a robust portfolio option in 2023 -- and savvy investors know it. Take the March 2023 I bond composite rate, which stands at 6.89%. That's a good and safe return for retirement investors, who know only too well that capital preservation is the name of the game in reti