Can You Contribute to a 401k and an IRA in the Same Year?

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.6 • 1.8K Ratings

🗓️ 27 April 2022

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Having more than one retirement plan can change the tax rules and benefits you receive. Laura explains what you need to know and how to get most most out of multiple retirement accounts in the same year. Read the transcript on Quick and Dirty Tips. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter to get more personal finance tips. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/ https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0	Hey everyone and thanks for joining me this week.
0:08.1	My name is Laura Adams and I'm a personal finance expert who's been hosting the Money
0:12.0	Girl podcast since 2008.
0:14.8	I'm also the author of several books including my most recent title which was an Amazon
0:19.8	number one new release called Money Smart Solo Pranur, a personal finance system for
0:25.4	freelancers, entrepreneurs and side hustlers.
0:28.7	If you're building a business or you're thinking about ways to earn more income right now,
0:33.2	I hope you'll grab a copy.
0:34.5	You can get it as a paperback, e-book or audio book today.
0:39.6	And if you're on social media and you want to connect, I would love that.
0:43.1	I'm on Twitter at Laura Adams, L-A-U-R-A-A-D-A-M-S.
0:48.6	And on Instagram at LauraDatoms.
0:51.9	And at LauraDatoms.com you'll find my personal website where you can use my contact page
0:58.5	and learn more about my work, books and money courses.
1:02.2	The mission for this show is to help you get the knowledge and motivation to prioritize
1:06.0	your finances, build wealth and have more security and less stress.
1:11.4	Every show is designed to make sure you come away with practical advice and tips to help
1:16.4	you make better money decisions today and to take your financial life to the next level.
1:22.0	So if you're enjoying this show, I would love for you to subscribe that way you will
1:25.8	never miss an episode.
1:27.6	You might also participate by sending me a money question, a comment, a topic for a future
1:33.3	show.
	...

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