Don't borrow from your 401(k) Posted by money mom at 01/28/08 11:24 AM

Monday's Tip from Money Mom - Avoid a Debit Card Tied to Your 401(k). Money Mom just heard about a truly bad idea - a debit card that pulls money straight from your "qualified retirement plan" such as a 401(k). You spend money for everyday purchases using the debit card, but with every purchase you are borrowing a bit more money from your retirement account.

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Money Mom says don’t let tax time become ID theft time Posted by money mom at 01/21/08 07:22 AM

January is the month when we all receive tax information containing our social security numbers. Protect that mail and be sure it gets to you, not an identity thief.

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Money Mom says get your free credit report Posted by money mom at 01/11/08 05:56 PM

Monday’s tip from Money Mom – get your free annual credit report online at www.annualcreditreport.com, by calling 877-322-8228, or by making a request by mail.

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Monday’s tip from Money Mom: Don’t borrow your tax refund Posted by money mom at 01/07/08 12:03 PM

Money Mom says: Stay away from offers to get your tax refund instantly. This is not a faster tax refund, it is a high cost loan.

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New "Direct Express" card for Social Security payments Posted by Gail H at 01/04/08 12:15 PM

The U.S. Treasury Department announced today the “Direct Express” card. This card could set a new standard for prepaid cards, with real consumer protections and no nasty overdraft fees.

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