I Make My Spouse Feel Broke?!

How do I make my wife feel wealthy when she says I make her feel broke? How can I help my mom gift some stocks to her church? Should I just leave my old 401(k) plans at my old jobs? How do I repair my retirement savings after my divorce? We’re answering YOUR questions! And if you’ve got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 1/24/2024 Disclosures: A Roth IRA offers tax deferral on any earnings in the account. Qualified withdrawals of earnings from the account are tax-free. Withdrawals of earnings prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Limitations and restrictions may apply. Traditional IRA account owners have considerations to make before performing a Roth IRA conversion. These primarily include income tax consequences on the converted amount in the year of conversion, withdrawal limitations from a Roth IRA, and income limitations for future contributions to a Roth IRA. In addition, if you are required to take a required minimum distribution (RMD) in the year you convert, you must do so before converting to a Roth IRA.