The Clark Howard Podcast

11.25.24 BEST OF: The Fate Of Traditional 401(k)s & IRAs / Carry On Karma Vs Baggage Fees

8 snips
Nov 25, 2024
Explore the future of traditional 401(k)s and IRAs as concerns mount about their viability. Discover tips on avoiding rising baggage fees while maximizing carry-on space for holiday travel. The discussion also highlights essential travel credit cards and the benefits they offer. Learn how to protect your personal information when booking flights or tickets, and the crucial importance of having travel health insurance for international trips. Tune in for savvy financial advice that helps you save more and spend less!
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INSIGHT

Future of 401(k)s and IRAs

  • Traditional 401(k)s and IRAs may disappear for future contributions, but existing funds are safe.
  • This shift is likely due to their benefits favoring high earners and the government's need for funds.
ADVICE

Ticketmaster and Bank Accounts

  • Avoid giving your primary bank details to Ticketmaster; use a separate online account.
  • Set up a free online bank account to receive funds and protect your main account from hacks.
ADVICE

Separate Checking Account for Apps

  • Use a separate, free checking account for apps like Zelle, Venmo, and Cash App.
  • This protects your primary account from potential security risks and overdraft issues.
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