Ask Suze (and KT) Anything: December 10, 2020

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Suze Orman's Women and Money

Business


On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners selected and read by KT.   This week’s questions: Do I need a minimum amount of money to open a ROTH IRA? Is it OK to have a joint account with my spouse, to pay household bills? Do you think it’s possible to be financially abused if I make more money than my spouse? Do I need to take distributions now, from an inherited Stretch IRA? Should we pay off our 401(k) loans faster? My student loan was forgiven and I was taxed on the amount forgiven. I don’t have the money to pay the tax, what can I do? Do we need to put our SEP IRA into our revocable trust? If my husband and I make over $200,000, am I still allowed to contribute to my work’s ROTH 401(k)? How can I refinance my car loan for a lower interest rate? Should I roll my ROTH IRA from a Class A Fund into something better? This week’s Quizzie:  If I took a loss when selling a stock, then I bought it back, can I still claim the initial loss? Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download by following one of these links: CLICK HERE FOR APPLE   CLICK HERE FOR GOOGLE PLAY See omnystudio.com/listener for privacy information.