Would you know what to do in the 24 hours after a car accident? What about that next 7 days? The days following an accident is a stressful time, but following the right steps can make a big difference. On today’s show we’ll talk to Elizabeth Calora, partner at PCVA Law, to talk about what you should do after you are involved in an accident.

During our headlines segment, one retiree placed her life savings into an annuity without knowing the full consequences, (on the advice of a financial advisor). After an uphill battle, PNC bank has finally agreed to refund her money…but is that the full story? Of course it isn’t. We’ll share the not-so-obvious conclusion during our breakdown. PLUS, we bring you a slice of sunshine (because that’s what we do best). It turns out that average 401k savings rates have hit record levels. That’s neat…but as yours?

Becky calls our Haven Life Line today. She’s over 60 (we didn’t ask….she told us!), and she shares that she’s worred that she has close to ZERO cash in after-tax accounts. She has good news, though….she DOES have money in Roth accounts that have sat for over 5 years. So does she need an after-tax account? Is she missing anything?

Of course, we’ll always have time for Doug’s trivia and bunches of fun.

Thanks to Skillshare for supporting Stacking Benjamins. Get TWO months of courses for free at Skillshare.com/SB.

Get the money you need to run your small business. Go to Kabbage.com to get started. Credit lines subject to review and change. Individual requests for capital are separate installment loans issued by Celtic Bank, Member FDIC.

Show Notes:

Skillshare

Thanks to Skillshare for supporting Stacking Benjamins. Get TWO months of courses for free at Skillshare.com/SB.

Check out Skillshare

Kabbage

Thanks to Kabbage for supporting Stacking Benjamins. Get the money you need to run your small business. Go to Kabbage.com to get started. Credit lines subject to review and change. Individual requests for capital are separate installment loans issued by Celtic Bank, Member FDIC.

Check out Kabbage

<> Headlines

• Average 401(k) Savings Rates Hit Record Levels; Balances Bounce Back (NAPA)
• PNC to refund money to a retiree who bought an annuity (Pittsburgh Post-Gazette)

<> Elizabeth Calora

You can find more from Elizabeth at: PCVA.Law

Do you need help finding your own attorney? You can find lawyers in your state here: State Trial Lawyer Associations

<> Doug’s Trivia

• What was the original use for Play-doh?

<> Haven Life Line

• Becky calls in wondering if she should have any cash in after-tax accounts. Being over 60 years old, she doesn’t see a point in having cash in after-tax accounts. Is she missing anything?

Want the guys to answer your question? You can call into the Haven Life Line and get your question answered on-air HERE.

Join us Wednesday!

We’ll be joined by Nicole Lapin – TV news anchor, author, and businesswoman.