Ask Suze (and KT) Anything: January 28, 2021

On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Karen, Deborah, Jackie, John, Bryson, Lisa, Jen, Deb, and Desiree selected and read by KT.  

This week’s questions:

We want to put our retirement account into our Revocable Trust.  Is a ROTH IRA a good option? I have a big mortgage and a sizable tax bill.  How can I fix this mess? How can I save for retirement, when my current job doesn’t offer a plan? My parents live on Social Security.  What is the best way for them to live off that and what they’ll make from the sale of their home, while they rent a smaller condo? My mother is being financially abused.  What can I do? Should I get an annuity to generate income during retirement? Should we pay off our mortgage or stay in the market? What is the best fund to open for a grandchild? How can I save money to afford the dental work I need?

This week’s Quizzie (submitted by Amy): Should I use my savings to pay off my credit cards, ro transfer the balance to a lower interest card?

Take advantage of the Ultimate Opportunity Savings Account with Alliant Credit Union by clicking here!

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.