Q: My husband might lose his job soon. How can we handle the $15,000 we still owe on three credit cards? We can pay extra toward the balance, and one card has a smaller balance than the other two. — R. M. C., Winter Park
A: My recommendation would be to continue paying on your credit cards to keep your credit in good standing. You indicated you could afford to pay an extra amount. I'd pay the minimum amount on two credit cards with the lowest interest rate and apply the larger extra payment toward the card with the highest interest rate. In your case, this card also happens to be the card with the lowest balance, so you'll get more satisfaction when you see that card eliminated entirely. — Fred Bremer
Q: My brother-in-law just passed away. I believe that my husband (his brother) might still be listed as the beneficiary on his investments, even though my husband passed away in 2008. My brother-in-law was not married and had no children. What can I do to confirm this? — K. W., Apopka
A: If you have access to your brother-in-law's financial records, I would check for recent statements and contact the financial institution at the phone number listed. I would explain your unique circumstances and provide a copy of your husband's trust documents and death certificate. — Glyn Griffis
Q: I am 63 years old, make about $80,000 per year and don't have a retirement plan. Should I open a traditional individual retirement account or a Roth IRA? — J. D., Orlando
A: In your case, a Roth IRA is better since you are so close to retirement and you have extra money for investing. — Al Baker
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