Ask Suze (and KT) Anything: May 6, 2021

Ask Suze (and KT) Anything: May 6, 2021

Update: 2021-05-06
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On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Lisa, Allisa, Beau, Catherine, Gabriel, Tammy, Kim, Ruth and Erin, selected and read by KT.  


This week’s questions:



  • What is the best way to start buying stocks?

  • With a potential market downturn, should I move my money into a savings account?

  • What is the best way for me to buy out my soon to be ex’s half of our condo?

  • Can you explain the modified AGI limit for traditional IRAs in 2020?

  • Can I withdraw my original contributions from a ROTH IRA?

  • If one of our beneficiaries gets married, do we need to update her name in our will and trust?

  • Does adding my husband’s name to our home title, reset the clock for how long we have lived there?

  • I live below my means and am thinking of buying a home.  With some of the money that I have saved, should I put that towards a down payment, take my daughter and grandchildren on a cruise or keep the money safe and sound?

  • We are in our mid 50s and our parents are in their mid 80s.  Should we stay in the market?


This week’s Quizzie: Does the Five Year Rule apply only to ROTHs or all IRAs?




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Ask Suze (and KT) Anything: May 6, 2021

Ask Suze (and KT) Anything: May 6, 2021

Suze Orman Media