The Clark Howard Podcast 05.16.25 Clark Answers His Critics on Clark Stinks / Bumpy Ride For Car Buyers
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May 16, 2025 Listeners explore the world of car-buying challenges, with insights on whether to buy new or used. Tips on Certified Pre-Owned vehicles highlight the importance of research. The hosts tackle listener criticisms, diving into financial habits and the implications of payment plans. They'll also discuss surprising elements of Roth 401(k) plans and how to use IRA distributions for charitable causes. Plus, they provide essential advice on navigating insurance, lease frustrations, and the risks of using paper checks. It's a comprehensive dive into smart consumer choices!
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Unique Employer Match Policy
- An employer did not provide a match for Roth 401k contributions, only for traditional ones.
- Clark Howard expressed surprise, saying it's unusual and questioned the motivation behind this practice.
Use RMDs for Charity
- Use IRA required minimum distributions (RMDs) for charitable giving to reduce taxable income.
- This strategy helps avoid increasing tax bills and Medicare premiums at RMD age.
Avoid Paying by Paper Check
- Avoid paying bills by paper check due to high risk of theft and fraud.
- Writing credit card info on mail-in forms is still safer than mailing checks, though not foolproof.