1953: Ask Farnoosh: Inheriting a 401(k), Emergency Fund vs. Retirement, and Tax Identity Theft

<p>On this week’s <strong>Ask Farnoosh</strong>, Farnoosh answers listener questions about navigating complicated financial decisions — from inheriting retirement accounts to protecting yourself from tax fraud.</p><br><p>First, Farnoosh shares personal reflections on the unfolding war in Iran and how global conflict can ripple into markets, oil prices, and the broader economy.</p><br><p>Then she dives into listener questions, including:</p><br><p>• What happens when you inherit a <strong>401(k)</strong> — and whether you must take distributions</p><p> • How to prioritize <strong>emergency savings vs. retirement investing</strong> when your budget can't do both</p><p> • What to do if your <strong>tax return is rejected due to potential identity theft</strong></p><p> • Is it possible to <strong>invest too much</strong> when you're feeling cash-strapped?</p><br><p>Plus:</p><p> • Why more Americans are taking <strong>hardship withdrawals from retirement accounts</strong></p><p> • Why Farnoosh is skeptical about <strong>MrBeast entering the banking world</strong></p><p> • And a surprising pop culture reflection on <strong>Carolyn Bessette Kennedy</strong></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>