Money Matters Podcast December 26, 2020
- How can I save for my children? 3:05
- Can I gift my RMD to my younger wife? 11:59
- How should I invest $45,000? 15:49
- How does the CARES Act affect my donations? 26:39
- How can I help my aging parents with their finances? 34:01
- Should I save in a Roth IRA as I start a new business? 44:37
The heartwarming calls from 2020
On this week's Money Matters, Scott and Pat look back at calls from listeners looking to give back, start new businesses, and help their families.
Scott and Pat advise a single mother about saving money for her three children. A military veteran asks how he can gift a Required Minimum Distribution to his younger wife. A recent college graduate asks how he should invest $45,000. Scott and Pat speak with a charitably inclined caller who wants to know how the CARES Act affects his donations and tax deductions. A Rockland caller asks how he can help his aging parents living on $3,300 a month. Finally, a caller leaving his federal government career to start a new business asks if he should contribute to a Roth IRA.
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