Ask Suze Anything: November 12, 2020
On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners selected and read by KT. We hear from Claudia, Cecilia, Lisa, Ann, Mary Beth, a different Lisa and Theresa. Plus the debut of KT’s Quiz Question, supplied by Paula.
They ask:
My parents asked me to help them manage their finances. What is the best way I can help them? How much time does one have between selling a home and buying another, to avoid capital gains tax? Does having a will help one avoid probate? My mom wants my sister and I to take over ownership of her condo. What is the best way for us to do this? Can you explain the 10 year rule for inherited IRA’s? Can I fund a ROTH IRA with future TSP payments? Can I collect Social Security at age 66, if I plan to work until I’m 70? KT’s Quiz Question, how would YOU answer this: Should I take money from my 401(k) to buy a home in two years, or should I rent?
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