A final option will be available just starting next year. transferring unused 529 money to a Roth IRA for your son with some limitations such as the account has to have been open for 15 years, any contributions and earnings of the past five years aren't eligible. Our last question comes from Harris in Tennessee. The CEO of my company announced that because of ties to Silicon Valley Bank, our 401K matching will be paused for an unspecified time.
Which one is Fed Chief Jay Powell weighing more in advance of Wednesday afternoon's announcement about interest rates?
(0:20) Bill Mann discusses: - The current state of play in the banking industry - Risks of trouble spreading to other industries - What Jay Powell is (probably) focusing on as he weighs the next decision around interest rates
(10:37) Alison Southwick and Robert Brokamp answer your questions about asset allocation, company spin-offs, and bond ETFs.
Companies discussed: UBS, CS, WBD
Host: Chris Hill Guests: Bill Mann, Robert Brokamp, Alison Southwick Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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