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The Clark Howard Podcast

03.24.23 Clark Answers His Critics on Clark Stinks / Timing Is Everything: Funding Your IRA

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 24 March 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Friday - Clark Stinks day! A chance for Clark to learn from you. Christa shares Clark Stinks posts with Clark. Submit yours at Clark.com/ClarkStinks. Also in this episode - Lump sum spring contributions to an IRA for the prior year are not uncommon, and are right for some earners. But that’s the exception - not the rule. Know the most advantageous way to fund your IRA. Clark Stinks: Segments 1 & 2 When To Fund Your IRA: Segment 3 Ask Clark: Segment 4 Mentioned on the show NCUA - National Credit Union Administration CUNA: Credit Union National Association You Can Roll Your 529 Plan To A Roth IRA Beginning In 2024 Buying Gas From a Station on This List Is Better for Your Car 12 Things You Never Knew You Could Get From Your Local Library Matching Contributions 101: How to Maximize Your Retirement Savings Now Retirement Savings Contributions Savers Credit - IRS NYTimes.com: Why Investing at the Last Moment Can Hurt Your Returns Where To Buy the Best Cheap Printer How To Dispute a Charge on Your Credit Card Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show.

0:08.1

Our mission is to serve you and empower you.

0:11.2

She might better financial decisions in your life.

0:15.5

It's Friday and that means I get to do my favorite thing here from Christa, how I've

0:22.9

messed up in today's Clark Stink segment.

0:28.2

So today there's one thing that over time costs people substantial money when they're

0:36.3

saving for retirement.

0:39.2

And I want to tell you what it is and why I ask you to do it differently than we are

0:45.5

programmed to do when we're saving for the future.

0:49.4

But right now it's time for Clark Stinks.

0:53.9

I should have never encouraged you to speak.

0:56.0

You know what you think?

0:57.0

I'm pretty stupid.

0:58.0

Give yourself.

0:59.0

Maybe I'm wrong.

1:00.0

Maybe I'm wrong.

1:01.0

Maybe you're right.

1:02.0

Now.

1:03.0

Please going to be fun today.

1:07.0

I'll let you be the judge of that.

1:09.5

Clark really dropped the ball on his description of why SBB failed Silicon Valley Bank.

1:15.0

Being a retired federal bank examiner for 18 years, it is obvious that Clark is not

...

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