June 25, 2000
Millions of people turn to the Internet for rock-bottom deals on airline travel. But be wary: Things can get bumpy when you don't know exactly what you're getting for your money.
Investors bailing out of bond funds
Still reeling from last year when bond funds had their worst performance since 1994, more and more financial advisers and investors think the bonds' drawbacks outweigh their advantages.
Which beneficiary pays income tax on IRA? All three
Q. My husband was one of three beneficiaries on his mother's individual retirement account. After she died, the credit union that had the IRA divided the money three ways and sent each beneficiary a check for about $9,400. Do we claim this as an IRA distribution on our tax form or will this be non-taxable as a gift below 10,000? Whose tax ID number will it be reported under?
Looking for an alternative to bond funds?
You might consider assembling your own income portfolio, filling it with everything from savings bonds to bank CDs.