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

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. 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. Then, it’s time for your questions. Farnoosh breaks down: • How much you really need in emergency savings in today’s job market • What to do after contributing to your 401(k) — should you open a Roth IRA? • How income limits affect Roth contributions and what a Backdoor Roth really means • Ways to set your children up for financial success beyond just a 529 plan Plus, Farnoosh shares details about her Build a Profitable Podcast mentorship program, kicking off soon with only a few spots remaining. Apply here. Hosted on Acast.