Episode Details
Back to Episodes
Where should I put my money after withdrawing it from my IRA?
Published 9 months ago
Description
Alongside the Chicago Sun-Times, we’re gathering your questions about all things money and finances.
Then each week, we bring you answers from the people who know best.
This week, we got this question from Linda in suburban Oak Forest.
She says: "In October 2025 my IRA will be free of early withdrawal penalties. I had $50-thousand dollars in there for 10 years and only earned $13-thousand dollars. I felt I was used by my financial adviser and do not want him to advise me of what to do with the money now. But I don't know what I want to do with it. CD ladders? High interest savings account?"
To help find the right next steps for Linda, we called up an expert.
HOST: DIXON