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Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze School: Revisiting Retirement Accounts

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze Orman Media

Business, Investing

4.64K Ratings

🗓️ 3 October 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

It’s another great Suze School, this time on the important details we need to know about investing in crypto currencies inside of our retirement accounts.


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Transcript

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0:00.0

Hi everybody, Suzy Orman here and Katie and welcome to the Women in Money Podcast and everyone's

0:06.0

smart enough to listen. And both of us are so proud to have this podcast sponsored by a

0:12.5

Lyand Credit Union, the home of the ultimate opportunity savings account. This is where if you

0:19.4

simply go to myalliant.com and why all L I A and T dot com open an account and deposit $100

0:30.9

a month every month for 12 consecutive months. What's going to happen Katie? Alliant is going to pay

0:36.5

you a bonus of $100. That is the place that both of us want you to save. So go to myalliant.com

0:45.8

and do what Katie? Look for Suzy and start saving now.

1:15.8

October 3rd, 2000 and 21. That means it's just 10 days before the Alliant Credit Union

1:32.5

sweepstakes ends. Don't miss it. I just have to say one thing about it. Obviously you can learn

1:38.2

about how it works at the beginning of the podcast. However, your chances of winning are really great

1:44.9

and it doesn't cost you anything. You should think about it. Go to myalliant.com. All right.

1:53.6

Suzy School today. I want to revisit retirement accounts and I want to revisit them because

2:00.3

on Thursdays, last Thursdays, Suzy's rant. I briefly and very quickly talked about Bitcoin

2:08.4

and IRAs and why you should or you should not do it. And I got so many emails saying Suzy

2:14.8

can you do that again but really slower and in more detail because we're really, really

2:20.8

interested in learning about this and what you think about it. So therefore, I do think it's

2:27.6

something that deserves an entire podcast because this is something that you may want to do,

2:35.2

especially if not now, maybe sometime in the future. So let's begin talking about retirement

2:43.5

accounts and what I believe you really, really need to know. If you were going to invest Bitcoin

2:51.6

in a retirement account or if you had a retirement account that you wanted to purchase Bitcoin or

2:59.4

Ethereum or any cryptocurrency in it, you would have to do it in a self-directed IRA. So what is

3:08.5

the definition of a self-directed IRA and how does that differ from probably the IRA account that

...

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