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Susan Tompor

Detroit

Money Columnist at Detroit Free Press

See https://t.co/OZ6TM0vNoi for Susan Tompor columns. 2015 Loeb winner. Detroit Newspaper Guild. CPA Mom. Veteran of tug-of-war with a corgi.

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Articles

  • 3 days ago | freep.com | Susan Tompor

    Do not click on the link as requested when you receive a text about an unpaid ticket or toll. It's likely a scam. Detroit has warned about fake texts involving unpaid parking tickets, too. Bogus notices about unpaid tolls ranked among the Top 5 text scams in 2024, according to the Federal Trade Commission. Folks, we found yet another takeoff of this summer's sizzling toll road scam.

  • 3 days ago | freep.com | Susan Tompor

    Fidelity reported that 512,000 savers were 401(k)-created millionaires in the first quarter, down about 4.6% from 537,000 in the fourth quarter of 2025. Most individuals continued to contribute to their retirement savings and continued to invest in stocks. Only 0.9% of 401(k) participants stopped contributing at all to a 401(k) plan in the first quarter, according to Fidelity.

  • 3 days ago | yahoo.com | Susan Tompor

    Alert to all new college grads: If you think you're too smart to get taken by a job scam, think again. The crooks are always a step ahead of us. And that same advice applies to anyone with years of experience who just lost a job and continues to look for work. In May, Amazon issued a wake-up call regarding scammers who were impersonating the tech giant.

  • 4 days ago | usatoday.com | Susan Tompor

    • The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. • The proposed tax deduction aims to drive sales of U.S.-built cars and trucks, fulfilling a campaign promise made in Detroit by President Donald Trump. If taxpayers actually end up seeing a new, proposed tax break on the interest borrowers pay on car loans, at least some can claim it all started in the Motor City.

  • 4 days ago | naplesnews.com | C. A. Bridges |Susan Tompor

    The U.S. Department of Education has restarted collection efforts on defaulted federal student loans after a pandemic-era pause. Up to 15% of Social Security benefits can be garnished for defaulted student loans, impacting approximately 425,000 individuals aged 62 and older. Borrowers in default can explore options like income-driven repayment plans, loan rehabilitation, or consolidation to avoid garnishment.

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Susan Tompor
Susan Tompor @tompor
14 May 25

RT @challreporter: Melvindale man's planned terrorist attack at Warren military base is thwarted, feds say https://t.co/vJg0WwuzgL via @fre…

Susan Tompor
Susan Tompor @tompor
13 May 25

RT @TipsWatch: U.S. inflation increased 0.2% in April, as the annual rate fell to a 4-year low. What does this mean for TIPS, I Bonds, and…

Susan Tompor
Susan Tompor @tompor
13 May 25

RT @lilyalta: Wayne County is hiring someone to monitor teens on social media. The county says its looking to squash teen "beefs." Anti-sur…