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Ask HTM - Buying a Used Mattress, Best Use of an Inheritance, & Disqualified from a Roth #988

How to Money

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Navigating Mattress Purchases and Retirement Contributions

This chapter explores the experience of buying a used mattress, weighing comfort and quality against financial concerns, while offering advice on negotiating prices and return policies. The discussion transitions into the importance of early contributions to Roth IRAs and investing strategies, emphasizing dollar-cost averaging and managing income limits effectively. Additionally, it covers ways to handle excess contributions to retirement accounts and highlights simplified processes for recharacterizing funds, ensuring listeners stay informed about their investment options.

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