13min chapter

Rich Habits Podcast cover image

Q&A: $1M in Real Estate, Paying Off $110K in Student Loans, and Pensions

Rich Habits Podcast

CHAPTER

Maximizing Growth Potential and Minimizing Taxes on Found Cash Balance

Strategic financial decisions are explored for a found cash balance in a former employer's pension plan, including leaving it, rolling to a 401k, paying off high-interest debt, or investing. Emphasis on addressing consumer debt promptly, optimizing investment choices in retirement accounts, transitioning to a Roth 401k, and understanding insurance limits for investments.

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