J.R. Whelan

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21,375 appearances 574 recordings 1 series first heard Oct 2017 last heard Aug 2024

J.R. Whelan’s voice in public audio — every appearance, attributed to the second.

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Thanks for listening, and have a great weekend.
Here's your Money Briefing for Tuesday, June 6th.
I'm J.R.
Whelan for The Wall Street Journal.
If you're putting money away for retirement, you probably have either a 401k or an IRA.
But there's no rule that says you can't have both.
We'll talk with Wall Street Journal contributor Michael Pollack about the pros and cons of having a 401k and an IRA after the break.
Millions of workers have 401 accounts to put money away for retirement.
But is that enough?
Wall Street Journal contributor Michael Pollack joins us with the pros and cons of opening up an IRA in addition to your 401 .
So first of all, Michael, what's the difference between a 401 retirement account and an IRA?
And how do they allow people to invest?
And there's no regulation that would prevent someone from having an IRA alongside their 401k?
So what's the advantage of contributing to two retirement plans at the same time?
And are there disadvantages to having two retirement accounts going at the same time?
So we're talking about IRAs and 401ks.
We often hear a lot about Roth IRAs, and some companies are now allowing workers to open up Roth 401ks.
How do those differ from traditional IRAs and 401ks, and why would someone consider those?
Oh, so more money in your pocket.
Now, what if someone doesn't have a 401k, maybe because they work part-time or they're self-employed?
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