What Should Keith Do With a $50,000 Inheritance? (Your Letters)

Published: Nov. 14, 2018, 9:30 a.m.

b'We\'re dedicating today\'s show to all of your burning financial questions. Will the fact that Anna\'s parents are opening up a 529 plan for her daughter create unintended financial consequences down the road? What should Keith do with a $50,000 inheritance and no job? What should ANYONE do when they receive $50,000? Jessica is a new investor. What platforms should she be looking into when trying to invest? After our\\xa0David McKnight\\xa0interview, Ryan is focusing on more money in his "tax-free" bucket. Does the SB team have any good tips on tax savvy financial moves? Of course we do!\\nAnd in our headlines segment, there\'s BIG news in college scholarship land. It turns out that a couple of schools are reducing their tuition to FREE. Who is it? Should you consider changing your college plan? In our second headline, while owning your home is a great financial position to be in...if you want to get rich one publication insists that you should own somebody else\'s home. We\'ll dive into rentals and real estate on today\'s show. Plus, in our Haven Life Line, Heather wants to know if she can do a backdoor Roth conversion AND make contributions to a spousal IRA.\\nThanks to\\xa0MagnifyMoney.com\\xa0for sponsoring Stacking Benjamins!\\nThanks to LinkedIn for supporting Stacking Benjamins.\\xa0Go to\\xa0LinkedIn.com/sb\\xa0and get $50 off toward your first job post.\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'