1947: Ask Farnoosh: Tax Season Moves, Optimal Rainy Day Funds, Traditional or Roth IRA?

<p>Farnoosh reflects on her appearance on the TODAY Show, where she shared practical strategies to maximize your finances during tax season — from last-minute IRA contributions and new tax deductions to choosing the smartest way to file and setting yourself up for next year.</p><br><p>She also discusses the latest money headlines, including the Supreme Court’s decision on sweeping tariffs and what it could mean for small businesses and markets.</p><br><p>Then, it’s time for your questions. Farnoosh breaks down:</p><br><p>• How much you really need in emergency savings in today’s job market</p><p> • What to do after contributing to your 401(k) — should you open a Roth IRA?</p><p> • How income limits affect Roth contributions and what a Backdoor Roth really means</p><p> • Ways to set your children up for financial success beyond just a 529 plan</p><br><p>Plus, Farnoosh shares details about her<a href="https://buildaprofitablepod.com/" rel="noopener noreferrer" target="_blank"> Build a Profitable Podcast mentorship program, </a>kicking off soon with only a few spots remaining.<a href="https://buildaprofitablepod.com/" rel="noopener noreferrer" target="_blank"> Apply here.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>