If you find yourself with perhaps a gap in employment, for whatever reason it may be, that might be an opportunity to consider a roth conversion. A roth conversion is taking money in a pre tax account and getting outside of that taxable world. It means down the road, you can pull that money in any gains, out tax free.
The US inflation rate rises to a 39-year high. Pet supply retailer Chewy tumbles on earnings. Costco rises on big 1st-quarter results. CVS hits an all-time high after its investor day presentation. Motley Fool analysts Emily Flippen and Ron Gross discuss those stories and weigh in on the latest from Lululemon Athletica, Rent the Runway, Stitch Fix, RH Holdings, Intel, Beyond Meat, Jack in the Box, and Shake Shack, Plus, our analysts share two stocks on their radar: Tyler Technologies and Accenture. And CFP Dan Messeca talks 401Ks and last-minute financial planning tips for investors.
For more from Dan Messeca and his co-host Ross Anderson, check out their podcast “Check Your Balances”.
https://podcasts.apple.com/us/podcast/check-your-balances/id1551991071
Learn more about your ad choices. Visit megaphone.fm/adchoices