How Are Your Finances? (I DON'T KNOW) - a podcast by Scott Alan Turner, CFP®

from 2021-02-05T14:52:05

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A new listener realizes she doesn't know much about finances. In this financial breakdown we outline where to get started and where to go next.

GameStop stopped being a game for a bunch of losers. Scott repeats his time honored wisdom - I TOLD YOU SO!

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LISTENER QUESTIONS:
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I need direction on the best moves for my future. And to quit piddly spending (Amy)

I have about $5,000 in a standard brokerage account that was set up when I was born, that I'm not really sure what to do with. Would pulling it out and taking the tax hit to max out my IRA and add to my savings be unwise (Michael)

Can we roll an old Roth 457 into a new employer's Roth 457 if their fees and fund choices are good or can we roll it into a regular Roth IRA at Schwab where we can pick the funds/fees (Angie)

On the Roth IRA, I'm only allowed $6,000 a year. So if I go over that amount with gains, do I get fined (Pablo)

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ENCORE
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Schools Don't Teach About Money. Make Sure Your Child Doesn't End Up A Money Moron. Click To Learn More:

https://BestMoneyAcademy.com?utm_source=libsyn

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