Q&A: $385K of Equity, $70K in Settlement Money, and Robinhood's 3% Match

Jun 6, 2024

Financial experts Robert Croak and Austin Hankwitz address pressing financial questions in this episode. They cover topics such as rolling over IRAs for Robinhood's match, managing retirement accounts, investing settlement money, and deciding on rental properties. Listeners receive valuable insights on wealth management, tax implications, investment strategies, and maximizing retirement savings.

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Intro

00:00 • 2min

Retirement Planning Dilemma: Traditional IRA vs. Roth IRA with Robinhood's 3% Match

01:32 • 2min

Strategies for Roth IRA and Investment Options

03:28 • 10min

Investment Rollover Dilemma in Current Employment

13:50 • 3min

Managing Retirement Funds, Investing Settlement Money, and Deciding on Rental Property

16:43 • 12min

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!

Should I roll over my IRA for Robinhood's match?
How do I roll over my old retirement accounts?
Should I pay off my car or my student loans?
Can I use a promotion as an excuse to switch 401(k) providers?
What do I do with $70K in settlement money?
Should I sell my rental with $385K of equity?

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Disclosures:

Options are not suitable for all investors and carry significant risk. Certain complex options strategies carry additional risk. Options can be risky and are not suitable for all investors. See the ⁠⁠⁠⁠⁠Characteristics and Risks of Standardized Options⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more.

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All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠public.com/#disclosures-main⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for more information.