Tax-Deferred vs Tax-Free
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 13 September 2024
⏱️ 18 minutes
🧾️ Download transcript
Summary
We would like to balance our tax-deferred to tax-free accounts ratio, but if we are planning on moving to state with no income tax eventually, does it make sense to put a majority of our retirement savings in tax-deferred accounts?
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Transcript
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| 0:15.0 | Welcome to the Jill on Money Show. It's Friday, September 13th, and we are here trying to help you make better or less bad financial decisions or maybe just guide you through something some transition in your life whatever that transition may be maybe a new career I heard from |
| 0:18.9 | a lot of people considering new careers you know why because I work in media and a lot of people are very nervous |
| 0:23.8 | about media so they have been peppering me with some questions about like what do you |
| 0:28.0 | think about this and you know it's such a weird thing when you're in a |
| 0:32.0 | business like I'm in right now which is in this huge decline right there's consolidation it's transition and you know for me I'm an oldster I don't have to think about it quite as much but if you're |
| 0:45.2 | 42 years old and you're working in a newsroom you you're worried so I've been talking to a lot of |
| 0:50.8 | people about that and I actually said to them you |
| 0:53.2 | you should come on the show I couldn't I will change your name it'll be okay |
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