
Sign up to save your podcasts
Or


You've played the game by the rules...moving your money from a 401k to an IRA when you change jobs (which happens in the USA far more often than you'd think). But are you forgetting a "step two" that could cost you over a million dollars? A recent Wall Street Journal piece says that you may be making a HUGE mistake. Today we'll break down where people are getting it wrong so that YOU aren't stuck with a much smaller retirement nest egg than you'd hoped or expected.
We also take a question from a Stacker who's accepted a "job" that pays her as a 1099 "employee." How does she make sure she doesn't owe too much in taxes at the end of the year? In general, how should she set up her money now that she's going to be responsible not just for taxes, but for her own benefits and more? We'll help her (and maybe you, if you ever decide to start your own business or side hustle) take control of her money so that she's in great shape come tax time and beyond.
Of course, we also share Doug's amazing trivia question AND a TikTok minute that might mess with Doug's brain.... (not too difficult, really).
FULL SHOW NOTES: https://stackingbenjamins.com/401k-rollover-mistakes-to-avoid-1555
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
Learn more about your ad choices. Visit podcastchoices.com/adchoices
By StackingBenjamins.com | Cumulus Podcast Network4.4
19231,923 ratings
You've played the game by the rules...moving your money from a 401k to an IRA when you change jobs (which happens in the USA far more often than you'd think). But are you forgetting a "step two" that could cost you over a million dollars? A recent Wall Street Journal piece says that you may be making a HUGE mistake. Today we'll break down where people are getting it wrong so that YOU aren't stuck with a much smaller retirement nest egg than you'd hoped or expected.
We also take a question from a Stacker who's accepted a "job" that pays her as a 1099 "employee." How does she make sure she doesn't owe too much in taxes at the end of the year? In general, how should she set up her money now that she's going to be responsible not just for taxes, but for her own benefits and more? We'll help her (and maybe you, if you ever decide to start your own business or side hustle) take control of her money so that she's in great shape come tax time and beyond.
Of course, we also share Doug's amazing trivia question AND a TikTok minute that might mess with Doug's brain.... (not too difficult, really).
FULL SHOW NOTES: https://stackingbenjamins.com/401k-rollover-mistakes-to-avoid-1555
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
Learn more about your ad choices. Visit podcastchoices.com/adchoices

3,553 Listeners

23,193 Listeners

1,268 Listeners

3,212 Listeners

1,168 Listeners

803 Listeners

769 Listeners

1,286 Listeners

454 Listeners

537 Listeners

990 Listeners

1,780 Listeners

5,142 Listeners

10,180 Listeners

677 Listeners

2,972 Listeners

889 Listeners

3,078 Listeners

6,469 Listeners

730 Listeners

456 Listeners

140 Listeners

201 Listeners

2,240 Listeners

2,938 Listeners

83 Listeners

356 Listeners

19 Listeners

53 Listeners

777 Listeners

3 Listeners

2 Listeners

8 Listeners