Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Ask KT & Suze Anything: How Can I Get A "Mega" Retirement Account?
Jul 24, 2025
This discussion dives into the fascinating world of 401k contributions, detailing traditional and Roth options while illuminating their tax implications. Listeners learn about the essential estate planning documents everyone should have, along with tips for effectively managing retirement accounts. Personal stories highlight the importance of financial independence, while strategies for evaluating investment returns against the S&P 500 are shared. Catch a glimpse of special financial offers that could kickstart savings efforts!
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Power of Must-Have Documents
- Jen shared how having must-have financial documents provided a "soft landing" after her partner's suicide.
- She now helps LGBTQ individuals secure their finances inspired by Suze Orman's guidance.
Maximize Retirement Contributions
- Choose Roth 401k contributions for after-tax benefits and tax-free withdrawals.
- Use post-tax contributions to create a 'mega' retirement account by transferring to Roth accounts if your plan allows.
Don't Prepay Rent Years Ahead
- Do not pay rent two to three years in advance; it risks unnecessary loss and lack of control.
- Instead, invest or keep funds accessible for better financial management and security.