Plus: Why you shouldn’t empty your 401(k) to pay off credit card debt |

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Sunday, December 11th
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My Granddaughter Is Going to College in Europe. Can I Still Use an Education Savings Account?

Q: My eldest granddaughter is going to college next year in Europe. I created a Coverdell Education Savings Account for her at birth. What is the best way to use that money to pay her educational expenses and avoid currency fluctuations? -- Michael Diamant

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Why You Shouldn’t Empty Your 401(k) to Pay Off Credit Card Debt

Q: I have about $9,000 in credit card debt and a little less than that in retirement savings. I plan on working for at least 30 more years. Should I use my retirement money to pay off my credit card debt so I am financially stable enough to purchase a home?

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Can I Add More Money to My 401(k) Whenever I Want?

Q: If I have a 401(k) account from a previous job but I haven't found a new job yet, can I still add money to my account?

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