#517 - The Ins and Outs of Donor-Advised Funds

Have you ever wondered how the subjects from our Retirement Plan Live series are doing now? Did everything turn out okay for them? Find out how Emma (from 2019 RPL) is doing on this episode of Retirement Answer Man.

In the listener questions segment you’ll learn about the Rule of 55, donor-advised funds, and contributing to a teen’s Roth IRA. Press play to listen.

Consistency is underrated

Boring may not be as bad as you think. Opting for consistency rather than reaching for the newest shiny objects. The latest fads or those seemingly exciting trends won't get you get you as far as sticking with your plan. When dealing with finances boring is better. Find out how consistency can improve your retirement on this episode.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

LISTENER QUESTIONS

[4:01] Can you directly contribute from an IRA or 401K to a donor-advised fund?
[9:37] A rule of 55 clarification
[11:41] Can I roll over the portion I don’t want under the rule of 55 provision?
[15:19] Contributing to a teen’s Roth IRA
[17:09] How to navigate financial planning for a special needs adult child