Daily Money - 21 Smart Money Moves for 2021

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Who’s making New Year’s resolutions? If that seems like tempting fate after the pandemic quashed plans this year, then skip it. On the other hand, making grand promises for 2021 might seem like a fitting way to give 2020 the boot. Whatever works! If you’re looking for some manageable goals, check out the 21 money moves that Money staff rounded up for 2021. As for me, both my kitchen and my portfolio are in need of an overhaul, so I resolve to tackle that in the New Year.

Best wishes,
Elizabeth

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TIMELY RETIREMENT NEWS, INSIGHTS, AND ADVICE

The 21 Smartest Money Moves to Make in 2021


From beefing up your resume to boosting your portfolio, these tips have you covered.

Now Might Be the Perfect Time to Do a Roth IRA Conversion


If you made less money this year, there’s a silver lining.

RETIRE WITH MONEY COMMUNITY INSIGHTS
A few readers busted my chops for telling folks in Tuesday’s newsletter to keep several months’ worth of expenses in a high-yield savings account. I should have qualified that with “relatively.” No savings account rates are high these days — the days of 2%-plus yields are gone for now  —  but some banks offer higher rates than others. Learn more about the forecast for interest rates, and where to get the best yields, here.
RETIREMENT NEWS FROM AROUND THE WEB
SEC Charges Robinhood with Misleading Customers About How It Makes Money
The popular trading platform boasts “commission-free” trading but executed clients’ orders at inferior prices, the SEC charges. CNBC
The Unexpected Gift of a Blue Christmas
Special services can bring solace to those who find the holidays difficult. NEXT AVENUE
How Much Will Your Retirement Taxes Be?
A new analysis looks at how much retirees pay in income tax. SQUARED AWAY BLOG
Colleagues Question Scientist’s Pricey Recipe Against Memory Loss
Desperate families are paying thousands for questionable Alzheimer's treatments. KAISER HEALTH NEWS
Elizabeth O'Brien is deputy editor at Money. She has covered retirement and health care for nearly a decade. A Brooklyn resident and mom of two boys, she navigates the alphabet soup of Medicare and the New York City subway system with equal ease. You can email her at elizabeth.obrien@money.com and follow her on Twitter at @elizobrien.

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