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Money Girl

How Many Retirement Accounts Can You Have?

Money Girl

Macmillan Holdings, LLC

Business, Education, How To, Entrepreneurship, Investing

4.61.9K Ratings

🗓️ 6 September 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

Contributing to more tax-advantaged retirement accounts can help you create a secure financial future—but how many can you have? Laura reviews the rules for qualifying and contributing to multiple retirement accounts.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

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Transcript

Click on a timestamp to play from that location

0:00.0

If you want to secure a financial future, and who doesn't, maxing out a tax advantage

0:10.8

retirement account is early and as often as possible is certainly the secret.

0:16.6

But many people don't realize that you can have multiple retirement accounts and suck

0:20.2

away even more money if you follow the rules for each type of account.

0:25.5

This show will review the rules for contributing to multiple retirement accounts.

0:30.0

You'll learn how to qualify for different accounts and avoid mistakes.

0:34.3

Hey friends, welcome back to the Money Girl Podcast.

0:37.0

I'm Laura Adams, an award-winning author who's been bringing you personal finance and

0:41.6

small business tips every week since 2008, with over 41 million downloads.

0:48.2

I'm also a keynote speaker and I work with select brands doing on-camera and writing

0:53.1

work as a financial spokesperson and consumer advocate.

0:56.4

I'd love to hear from you if you want to collaborate for a speaking event or a PR campaign.

1:01.7

As always, you can reach me using my contact page at lauretdadams.com.

1:07.4

That's also where you can learn more about my work, books and money courses.

1:11.9

You can also leave me a message or a show topic or money question by simply calling 302-3640308.

1:22.5

And of course, if you're enjoying the show, be sure to subscribe.

1:25.7

That's the best way to make sure you're going to get every weekly episode as soon as it

1:30.2

comes out.

1:32.0

This is a really great topic because I have leveraged multiple retirement accounts for as

1:38.9

long as I can remember and it really does allow you to achieve a lot more with your savings.

1:46.6

Let's get into how many retirement accounts you can have.

1:50.4

We'll start with the Workplace Retirement Accounts.

...

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