Ask Suze (and KT) Anything: May 20, 2021
On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Kristen, Nancy, Denise, Tamara, Holly, Becky, Penelope and Jeanie, selected and read by KT.
This week’s questions:
I mistakenly fully funded my ROTH IRA and regular IRA. What is my best option to pay the least in penalties and taxes? If I won money in the lottery, what should I do with it? What are some good funds to invest in? What is the best way for me to utilize my deferred compensation? I am 70, should I move money from an old 401(k) and invest in a ROTH? How do I take my late husband’s 401(k) money before it disappears? I’m 35 and have quite a bit of money in BitCoin. Should I use some of that to pay off my mortgage? Does it ever make sense to lease a car?This week’s Quizzie, from Ed: What defines “earned income” with respect to a ROTH?
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