{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/65675c71c3ca8a0012804645/6af75fd19dce4328090c453b?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Ask Farnoosh: Dump Nvidia? Invest in Trump Accounts? and When It's OK to Invest Less in a 401(k)?","description":"<p><strong>Help shape So Money in 2027</strong></p><p>What’s the money question you’re living with right now? Maybe you want to work less, help a parent, or figure out what it would cost to start over. I’d love to hear what you’re trying to decide as we get ready for January. <a href=\"https://www.jotform.com/form/262556781257063\" rel=\"noopener noreferrer\" target=\"_blank\">Take my So Money midlife survey</a>.</p><p><br></p><p>This week on Ask Farnoosh, Nvidia’s leadership shake-up gets me thinking about what deserves my attention as a long-term investor. I’m happy to pay attention to the news and let my automatic contributions go through. The thing that’s more likely to change my plan? Finding out I’ll need the money sooner than I thought.</p><p>From the mailbag, we’re revisiting <strong>Trump Accounts</strong>. Who qualifies for the federal $1,000 contribution? What happens when your child turns 18? I share why we opened accounts for our kids and how I’d decide where to put my own money if college is the goal or my teen has a summer job.</p><p>Plus, the <strong>2027 401(k) contribution limit</strong> is going up. Should you max it out? We’ll talk about getting your full employer match and making room in your plan for the things you might want to do before retirement, like cutting back at work or taking time to start over.</p><p><br></p><p><strong>Trump Accounts resources</strong></p><ul><li><a href=\"https://www.irs.gov/faqs/trump-accounts-frequently-asked-questions\" rel=\"noopener noreferrer\" target=\"_blank\">IRS FAQ on eligibility and the $1,000 federal contribution</a></li><li><a href=\"https://www.irs.gov/forms-pubs/about-form-4547\" rel=\"noopener noreferrer\" target=\"_blank\">IRS Form 4547 and filing instructions</a></li><li><a href=\"https://www.trumpaccounts.gov/\" rel=\"noopener noreferrer\" target=\"_blank\">Official Trump Accounts website</a></li><li></li></ul><p><strong>Also mentioned</strong></p><ul><li><a href=\"https://www.irs.gov/newsroom/401k-limit-increases-to-25500-for-2027-ira-limit-remains-7500\" rel=\"noopener noreferrer\" target=\"_blank\">IRS 401(k) and IRA contribution limits for 2027</a></li></ul>","author_name":"Farnoosh Torabi"}