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Content provided by Chris Burns - Dynamic Money Founder & Principal, Chris Burns - Dynamic Money Founder, Chris Burns - CEO of Dynamic Money, and Dynamic Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Burns - Dynamic Money Founder & Principal, Chris Burns - Dynamic Money Founder, Chris Burns - CEO of Dynamic Money, and Dynamic Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Can't Open An IRA - What Should We Do? (Lightning Round)

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Manage episode 204718740 series 2291081
Content provided by Chris Burns - Dynamic Money Founder & Principal, Chris Burns - Dynamic Money Founder, Chris Burns - CEO of Dynamic Money, and Dynamic Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Burns - Dynamic Money Founder & Principal, Chris Burns - Dynamic Money Founder, Chris Burns - CEO of Dynamic Money, and Dynamic Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This mini-episode comes directly from a question sent to our teamand is part of the show's Lightning Round where we answer your questions.


Does An IRA Still Work Even If You Don't Work?

This question comes in from Lisa, who may have received bad advice from the bank.

The truth is: anyone who is working can open an IRA - an individual retirement account, but there's more to it.

If your spouse is working, and making at least $13,000 of taxable income annually, you should BOTH be able to open up the account. I'll explain it fully in this mini-episode where we answer your questions.

Ask Your Question Now pexels-photo-601170.jpeg

  continue reading

257 episodes

Artwork
iconShare
 
Manage episode 204718740 series 2291081
Content provided by Chris Burns - Dynamic Money Founder & Principal, Chris Burns - Dynamic Money Founder, Chris Burns - CEO of Dynamic Money, and Dynamic Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Burns - Dynamic Money Founder & Principal, Chris Burns - Dynamic Money Founder, Chris Burns - CEO of Dynamic Money, and Dynamic Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This mini-episode comes directly from a question sent to our teamand is part of the show's Lightning Round where we answer your questions.


Does An IRA Still Work Even If You Don't Work?

This question comes in from Lisa, who may have received bad advice from the bank.

The truth is: anyone who is working can open an IRA - an individual retirement account, but there's more to it.

If your spouse is working, and making at least $13,000 of taxable income annually, you should BOTH be able to open up the account. I'll explain it fully in this mini-episode where we answer your questions.

Ask Your Question Now pexels-photo-601170.jpeg

  continue reading

257 episodes

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