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EP149 – 91% of employees do this with their 401K; Open your IRA before end of year; What to ask your financial advisor

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We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com

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QUESTION 1

From Lacy – Am I crazy or is it consistent with what you know that high yield savings accounts are much lower today than a year ago? I went from 3% Down to 1.95% & currently at .50%. I searched and found all the top ones are at .50, WTH?? That’s so low. Or am I reading it all wrong?

QUESTION 2

Hey everyone, me and my Fiancé have a meeting with Fidelity to talk about starting a mutual fund, what are some good questions to ask during the meeting.

QUESTION 3

Starting in May (when I finish grad school), my parents and I agreed that I will then be on my own for all expenses (rent, groceries etc.) what account should I start putting some money in for when that day comes? Just a basic savings one with my bank?

QUESTION 4

If I have a Roth IRA through fidelity and a 403 (b) plan (employee-sponsored that I have been contributing to) can I contribute more than the 6,000 limit to my Roth?

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