This week on the podcast we’re answering your questions! 1 – I was overpaid by my employer, what should I do now? 2 – Should I convert my 401k into an IRA? What considerations should I keep in mind? 3 – I have some IRS debt. Should I prioritize my debt snowball or get after that tax debt owed to the IRS? 4 – What’s the deal with my savings account interest rate dropping? 5 – I have an ESPP that is offered at work. Should I participate, and if so, how should I go about taking advantage of my employee stock purchase plan?
With savings interest rates dropping, there’s not much we can do to find better rates than what companies like CIT, Ally, and Discover are offering. However, keep an eye out for sign-up bonuses like the $150 or $300 offer that CIT currently has.
And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/
During this episode we enjoyed a Mexican Chocolate Yeti by Great Divide – a big thanks to our friends there at the brewery! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!
Best friends out!