Elissa Bass

Elissa Bass

Staff Writer

Elissa Bass is a nationally award-winning journalist who has been a reporter and editor for both print and online publications for 30 years. After a layoff in 2013, she now runs her own marketing/social media/PR company. Born and raised in western Massachusetts, she makes her home in Stonington, CT with her husband, their two children, and their rescued pit bull. Visit her website at http://www.elissabass.com/ to learn more.

Recent Posts
Best Budget Apps 2016-2017: Mint

In the old days you had to wait to get that monthly statement from your financial institution to see how much money you had coming in, and how much money turned around and went out. Today all that information is on-demand and contained within your smartphone — but which apps are best to manage all that data? In this installment of our ongoing series: the best budget apps, we check out Mint. App Overview Mint is a…

What is a Spousal IRA?

A Spousal Individual Retirement Account (IRA) is a special type of IRA that is designed to benefit a non-working spouse and allows a married couple to each have an IRA to help fund their retirement. Internal Revenue Service rules require that you earn taxable compensation from work in order to have an IRA. The IRS defines “compensation” as income generated from a wage, salary, commission or self-employment. It also counts alimony, separate maintenance and tax-exempt…

What to Do if you Inherit an IRA?

Savvy savers open Individual Retirement Accounts for themselves to ensure that their golden years will be enjoyable and not fraught with financial worry. But what if you die before you reach retirement? What happens to your IRA? What to do if you inherit an IRA? First things first: When you open your IRA account, you will fill out a form listing beneficiaries. It is important to keep this form up to date throughout your working…