How to Money Ask HTM - Condo Cold Feet, Investing in ABLE Accounts, and the Best Interest Rate Ever #1033
Sep 8, 2025
This podcast delves into listener queries about selling condos versus renting, sparking a lively discussion on the intricacies of real estate investing. They tackle financial strategies for families with special needs children, emphasizing the use of ABLE accounts. There's also a focus on teaching kids about investing through Roth IRAs, alongside the importance of early financial education. With humorous anecdotes and insights about passive investing apps, the episode balances practical advice with fun, making finance accessible for all!
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Rental EV Range Hit By Elevation
- Matt shared a rental car decision where elevation changes made the counter agent swap a Tesla for a gas car.
- The agent warned that elevation drains EV range, an overlooked variable in rental EV planning.
Use ABLE Accounts To Protect Benefits
- Use an ABLE account to save for a disabled child's expenses without jeopardizing benefits if the disability began before age 26.
- Track account limits because SSI can suspend after an ABLE balance exceeds $100,000.
Combine Trusts, ABLE, And 529 Strategically
- Keep both a special needs trust and an ABLE account as they serve different purposes for protecting benefits and managing funds.
- Consider rolling unused 529 funds into a Roth IRA later if rules and limits allow.