4.6 • 4K Ratings
🗓️ 6 March 2025
⏱️ 27 minutes
🧾️ Download transcript
On this episode, Suze asks you the questions! Suze has prepared a special Roth quizzy for you. After you listen, head over to the Women & Money community app and tell Suze how many answers you got correct.
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0:00.0 | We are strong, we are wise, we will not apologize. |
0:07.1 | We are here, we will thrive. |
0:10.2 | Together we will rise. |
0:12.6 | With a little bit of faith and everything it takes, we are strong, we are wise. |
0:21.1 | Together we will ride. |
0:28.1 | March 6, 2025. |
0:30.9 | Welcome everybody to the Women and Money podcast, as well as everybody smart enough to listen. |
0:37.8 | No, I know, I know. |
0:39.3 | Today is supposed to be, ask KT and Susie anything. |
0:44.8 | But I happen to be in Florida. |
0:48.4 | KT is on the island. |
0:51.2 | So I thought, I know. |
0:53.9 | You know how I was supposed to give KT a quiz on Roth IRAs and all of that. |
1:01.0 | She wasn't going to have it. She was like, I'm not doing that, Susie. So I'm like, okay, and I couldn't |
1:07.6 | get her to do it. That's life. All right. However, I thought, well, if KT doesn't want to do it, |
1:14.7 | why don't I, since she's not with me today, why don't I give you the quiz that I was going to give |
1:23.2 | KT? Because I have had 18 questions just sitting here waiting until she was ready to do this. |
1:31.3 | So why don't you get out some paper, pencil, whatever it is that you need, and let's see how many |
1:38.1 | of these that you can get right. So this really is now your Roth Quizy time. Are you ready? I'm going to start out easy for you. |
1:51.4 | Roth IRA contributions are made with pre-tax dollars. Yes or no? Did you answer? If you answered, no, you are correct. Roth IRA contributions |
2:12.4 | are made with after-tax dollars, and the reason is that's why it gets to be in there and grow essentially |
2:22.5 | tax-free if you meet certain qualifications. Pre-tax dollars from traditional IRAs. Got that everybody? All right. Next question. You can still contribute to a Roth IRA |
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