Type of retirement/pension plan in the United States
Andrew, Ben, and Tom discuss weak earnings out of Nike, a bad 5-year bond auction, mutual funds and ETFs beginning to focus more on municipal bonds, and the expectations for the upcoming earnings season. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to “exercise extreme care” before considering adding cryptocurrencies to a retirement plan's investment menu. California-based 401(k) provider ForUsAll filed suit against the DOL in the U.S. District Court in Washington, D.C., alleging the agency violated the Administrative Procedure Act (APA) by issuing guidance without following the correct procedures. Those procedures, argued ForUsAll, would have required the guidance to go through a time-consuming notice and comment period.Guest: David Ramirez, CFACo-founder, Chief Investment Officer at ForUsAllForUsAll website ➜ https://bit.ly/ForUsAll401k~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul#Crypto #cryptocurrency #bitcoin ~Crypto 401(k) Regulation | ForUsAll interview~⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircleSubscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribeFacebook
How to Use a Solo 401 (k) to Fund Your Business Daniel Blue is the President of Quest Education, a company that helps entrepreneurs obtain capital for their companies, pay off high-interest debt and use self-directed retirement accounts to invest in alternative assets With over 10 years of educating small business owners, Daniel has a knack for helping individuals get creative with their finances that leads to life changing results. During the show we discuss: ● What a “solo” 401k is ● Loan feature on a 401k and how it can help you ● How to make a 401k a solo one ● How to take money out of a 401k without paying tax penalties ● Process of using a 401k to fund a business ● Benefits of using a 401k to fund your business ● Kinds of rates can you get on this type of financing ● Is personal credit a factor in qualification ● Is revenue a factor in qualification ● How much money must be in the 401k to qualify ● Is it a good idea to tap into a 401k to launch a new business ● What percent of the 401k can you borrow against ● How to ensure you can keep the money out of the 401k without tax penalty ● What's the interest rate is ● How to use this financing to pay off high-interest debt ● What do business owners use the funds for typically ● Why Wallstreet doesn't educate on this Show resources:
“Are we on track for retirement?” The ever-popular YMYW Retirement Spitball Analysis is all based on that simple question. Joe and Big Al spitball retirement for listeners planning to retire in just a few years, wondering if they should save to pre-tax or post-tax accounts, and strategizing around long-term capital gains, dividends, and Roth conversions. Show notes, free financial resources, Ask Joe & Big Al On Air: https://bizlink.to/ymyw-384
Follow @moms.who.invest on Instagram https://www.instagram.com/moms.who.invest/ Want to start investing and don't know where to begin? Grab my FREE Beginners Investing Guide for Women The Ultimate Beginners Guide to Investing for Women Need help rolling over an old 401K? Rollover with Hi Capitalize for FREE capitalize.sjv.io/vn0k4e Investment calculator https://www.ramseysolutions.com/retirement/investment-calculator
It can be so intimidating to start to talk about a 401k for yourself as a business owner, much less adopt a company 401k, especially if you're just a two-person team with your first deputy team member. If retirement and being aggressive towards retirement are on your radar, there's no better time than now to understand what adopting a company 401k means. The savings for you could be substantial depending on how your financials look and where you are at in the season of your life. It's also worth noting the importance of having the right partners in place. At The Bottom Line®, we have found the best partners in the market that we have used in our business and with our clients. First, is Guideline, a retirement platform that offers a wide range of 401k products. Our other partner is Gusto, which is our payroll partner. Adopting a company 401k is a huge decision because there are a lot of moving parts to it. It impacts not only you as the business owner, but also your employees and the company itself. It impacts your cash flow, your profitability, and your taxes. Therefore, it's crucial to have that mental acuity and clarity to make sure that you're adopting a company 401k at the right time, backed with all the facts and the data, and having the right partners to help you set up the right type of plan and systems based on how you're structured and how your finances are going. In this episode, you will hear: The three scoops of a profit decision Mindset shifts you need to make before embarking on this When to know it's time to make the call Understanding the fees involved Things to think about when designing your plan Timeline for implementation Employer matching, non-elective contribution, profit sharing The importance of an integrated payroll solution The concept of the Safe Harbor How Guideline can help you with compliance Subscribe and Review Have you subscribed to our podcast? We'd love for you to subscribe if you haven't yet. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Gusto Guideline Previous Episodes: Episode 075: Common Retirement Plans for Small Businesses in 2022 Episode 079: How HSAs Benefit You Now and At Retirement Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
Ben and Tom discuss the highpoints from the G-7 meeting, the state of inflation, whether or not we have seen the bottom in the market, and some last meaningful earnings as we move into quarter end. Also, a shout out to our producer, Logan Johnson, for getting married this weekend. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures
In this episode we discuss the things that clean things with your appliances. If you don't handle the regular maintenance repairs or replacements can cost you hundreds to thousands of dollars over time.In the roundtable we discuss how people get pre-mad about things or events people attend them or talk to people.Website:https://www.somethingonmymind.net/Social Media https://www.instagram.com/somm.podcast/https://www.youtube.com/channel/UChec5qcZBcGkIhUU3belNDwhttps://email@example.com?lang=enhttps://www.facebook.com/somm.podcasthttps://twitter.com/Somm_podcast
If you were retired now, would your income keep up with this inflation? Your next 401(k) statement will have a whole new look. What do you need to know? Is it ok to do your will on-line? Being proactive not reactive with your tax planning. Is Long-term care insurance still a viable option?
On this episode Kevin explains how important his Retirement Roadmap is for his clients and for those who are not clients. As this market continues to drop, how much lower will it go? Looks like we have a long way to go. Do you know the fees in your 401k? Kevin tells you where to find them and how to avoid them. And finally, with inflation rising, how do you keep from dipping into your retirement savings.
A military spouse's retirement is an important part of a military family's retirement planning. Thankfully more and more military spouses are taking advantage of using Individual Retirement Accounts or employer 401ks to save for their future. The challenge for military spouses is to decide what to do in situations where you have multiple 401k accounts because of your many job changes due to PCSing. In this episode, I talk with Patrick Ortman, a military spouse and a Certified Financial Planner on best practices military spouses can use to help them make decisions and manage multiple 401ks. Patrick founded Ortman Financial Planning in 2016, a financial planning and investment management firm located in Bethesda, MD. He has a strong focus on his clients' overall financial well-being and recognizes that money is only a tool to help achieve the vision each person has for their life. Show notes can be found here: https://laceylangford.com/podcast/multiple-401ks/
Over the past few decades, 401Ks have become the predominant retirement plan for American companies. But, given the recent market volatility, how nervous should we be for those? Securian Director & Actuary (for retirement plans) Brandon Bellin describes what we should look out for.
What is restorative justice? Jearlyn digs into this growing facet of law with attorney Corey L. Gordon of Norton Rose Fulbright. They talk about the benefits a newer trend of posthumous pardons. Over the past few decades, 401Ks have become the predominant retirement plan for American companies. But, given the recent market volatility, how nervous should we be for those? Securian Director & Actuary (for retirement plans) Brandon Bellin describes what we should look out for.
With the ups, downs and uncertainty with the current economy, Mark discusses the importance of effective planning when it comes to your 401K's. There are many options available that allow people in retirement to maximize benefits and diminish risk. Helpful advice is available here. Click here to learn more about Mark Rowlette, founder of South Shore Retirement … Continue reading Radio 124 -401 K Questions →
Andrew and Ben discuss the factors that led to the first up week in equity markets in nearly a month, why these factors don't necessarily spell good news for the underlying economy, earnings out of FedEx, and the markets response to these earnings which could reveal a shift in market sentiment. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures
This week, Ian is joined by veteran Steve Raymond to discuss how cash is moving relative to other asset classes in our major technical indicators.
Dealing with change is often difficult. This week Saba Khan shows how planning for retirement has evolved over the past twenty years or so. She's got the top ten changes in getting to that next phase of life called retirement. That and more on this week's Financially Fearless. Visit 1890Wealth.com Call 800-730-3385. See omnystudio.com/listener for privacy information.
Terry Sacka, AAMS discusses what happened at the 75th World Health Assembly recently - which is the decision-making body of WHO. I saw a wave, a dark wave, come over our nation. And it's not just the election, of course, but this program is going to be all in the name RIGGED because when I, and we formed RIGGED, it was because of the financial system, but RIGGED is now becoming common in America. And it's all RIGGED [against you].Free Silver Investment Guide: Build Wealth with Physical SilverTo Buy Gold Direct or Reach A Cornerstone Wealth Advisor:email: firstname.lastname@example.org: (888) 747-3309Support the show
This week, we tackle a timely topic straight out of the headlines, Bitcoin or Digital assets and 401(k) plans. Joining me is Dave Gray, the Head of Workplace Retirement Platforms & Workplace Investing for Fidelity. We cover all the topics you would expect like why Bitcoin, why 401(k) plans, how can plan sponsors evaluate the whether Bitcoin makes sense for them and a fairly detailed breakdown of the recent DOL Compliance Assistance Release or CAR addressing Bitcoin in workplace retirement plans. We covered a ton of ground, I learned a lot, hoping you do as well. If we missed something, shoot me a note on LinkedIn and we can follow-up. Enjoy! Guest Bio Dave Gray is a member of the Workplace Investing Executive Management Team and serves as the Head of Workplace Retirement Platforms, Workplace Investing for Fidelity. Dave leads Fidelity's defined contribution and multi-product platform and product development teams across sites in the US, India, and Ireland. The teams are responsible for developing and managing market-leading solutions and customer experiences and the continuous modernization of the Workplace Retirement platforms, leveraging cloud technologies. Dave also has principal responsibility for next generation defined contribution plan innovation, notably digital assets and the blockchain. In addition, Dave was appointed to the Department of Labor's ERISA Advisory Council. Prior to joining Fidelity, he worked at Charles Schwab where he served as a member of Schwab's Retirement Plan Services executive leadership team responsible for client experience, product management, and business strategy. Previously, Dave served as a Vice President at Standard Insurance Retirement Services where he built and led the client relationship management organization, and earlier as a member of Invesmart's executive team responsible for general management of the retirement plan business. Dave earned a Bachelor of Arts from Tennessee Temple University. He holds FINRA Series 7, 24, and 66 licenses. 401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 225 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!
In this week's episode of Future Rich, Certified Financial Planner Barbara Ginty is joined by the lovely Drew. Drew is 29 and recently moved from New Jersey to North Carolina. She works in pharmaceutical marketing and her biggest financial fear is that she doesn't have enough saved, but get this... Drew has over 40K saved AND she's in the process of getting her MBA that's fully paid for! If you too feel like you're behind with your savings goals, this is the episode for you! In this episode, Barb and Drew discuss the pros and cons of house hacking, Roth IRAs, 401Ks, emergency funds, and so much more! Are you interested in a career change? Do you want to work in personal finance? We can help you with our coaching program! With @futurerichpodcast Career Coaching, you get 5 weeks of LIVE online group coaching with CFP® Barbara Ginty so you can walk away with all the info you need to start your career in personal finance. And if you're one of the first 10 people to sign-up here: docs.google.com/forms/d/1mwh0rGMA…/edit?ts=61e85f59 You'll get 20% off the course price with promo code FRIENDS20, but hurry before it's too late! Classes start Wednesday, June 22. Follow Future Rich to stay up to date, and let us know what topics you'd like Barbara to cover more in-depth this season. - Future Rich Website: www.futurerichpodcast.com/ - Future Rich Instagram: www.instagram.com/futurerichpodcast/ - Future Rich TikTok: www.tiktok.com/@futurerichpodcast
Vendors like AXA/Equitable and National Life Group sell high-cost products to educators but make excellent low-cost retirement plans available to their employees. We look at these firm's 401(k) plans. Form 5500 Search Blog: National Life Group Hypocrisy Learned by Being Burned Meridian Wealth Management 403bwise.org
Ben and Andrew discuss the estimated jobless claims as the economy continues to trend towards recession. The also discuss Powell's comments at length regarding his sentiment and understanding of what needs to happen to right the ship of the economy. The episode also discusses Zuckerberg's interview last night on Mad Money and natural gas shortages in Germany and other European countries. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures
On episode 33 of Portfolio Rescue, Ben Carlson and Duncan Hill are joined by Ritholtz Wealth Director of Corporate Retirement Planning, Dan LaRosa, to discuss paying down debt, bond allocations, saving for a move, and tough 401K situations!! Submit your Portfolio Rescue questions to email@example.com!Thanks to Innovator for sponsoring this episode! Visit https://www.innovatoretfs.com/portfoliorescue to learn more about their ETF offerings.Check out The Compound shop: https://www.idontshop.comLearn more about Ritholtz Wealth's automated investing platform, Liftoff: http://liftoffinvest.comInvesting involves the risk of loss. This podcast is for informational purposes only and should not be regarded as personalized investment advice or relied upon for investment decisions. Ben Carlson, Dan LaRosa, and Duncan Hill are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinions and do not reflect the opinion of Ritholtz Wealth Management. See a complete list of disclosures here:https://ritholtzwealth.com/podcast-youtube-disclosures/Inclusion of advertisements by podcast sponsors does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers: https://abnormalreturns.us5.list-manage.com/track/click?u=f8843b0fc6f0ed7d35e67dcf5&id=33b07916d1&e=4e0f612ef0. See acast.com/privacy for privacy and opt-out information.
How many times have your rugs been stained with wine or food or they are just dirty.What about pets peeing or pooping on the rug? It is probable that it has happened to all of us seeing that there are approximately 160 million dogs and cats in the United States. This is where a company called Ruggable comes into play. What they have over other r ugs is that they are washable. They have a thin carpet layer made of mainly polyester with a rubber mat underneath.From our research and own experience, these rugs are easy to install and they don't shift. When it comes to washing them, 3' X 5' and 5' x 7' rugs fit into the washer nicely. If you have a larger size they can fit depending on the load capacity.In terms of cost, they are comparable to Target and World Market; we paid $338 for ours. In terms of how they feel you will not get a plush, padded option, so try plush or shag-style rugs if that is your preference. As for the environmental impact, these rugs are made from polyester meaning that they derive from petroleum, so this is not an eco-choice. On the other hand, if you can reduce the amount of rugs that you have to replace over time, then less material reduces the overall carbon footprint.The bottom line is that these rugs have been a long awaited choice that will save you money over time. There's nothing like coming home from a long day or trip to find that your dog left a special present for you.Website:https://www.somethingonmymind.net/Social Media https://www.instagram.com/somm.podcast/https://www.youtube.com/channel/UChec5qcZBcGkIhUU3belNDwhttps://firstname.lastname@example.org?lang=enhttps://www.facebook.com/somm.podcasthttps://twitter.com/Somm_podcast
YFP Co-Founder & Director of Financial Planning, Tim Baker, CFP®, RLP® is joined by YFP Planning Lead Planners, Kelly Reddy-Heffner, CFP®, CSLP®, CDFA®, and Robert Lopez, CFP® to walk you through a financial planning case study on planning for retirement, saving for kids' college, and paying off debt. Key Points From This Episode Getting to know Fiona and Rob Anderson. The home, work, and financial portfolios of our case study couple. Fiona and Rob's investment accounts and insurance policies. Diving into tax concerns. Your children's education versus building your retirement fund – conflicting goals. How to prioritize conflicting goals. Some innovative ways to lower the costs of college/university. How to use 401Ks, RSUs, and other investment accounts wisely, for investing in your goals. Delaying retirement and waiting to claim Social Security. A closer look at whether their particular investment accounts work for their specific goals. Unpacking the target date fund and traditional IRA. What to consider when paying a mortgage in retirement. Your age concerning your debt, and if there is reason to panic. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Insuring Income: Get Quotes and Apply for Term Life and Disability Insurance YFP Planning Case Study #2 Summary Sheet Your Financial Pharmacist Disclaimer and Disclosures
The Federal Reserve is raising rates at a fast pace to fight inflation. This has created a lot of volatility in the stock/bond markets. These Fed rate changes ultimately lead to interest rate increases for mortgages and other debts. Yet, these increases might actually be a good thing, particularly for retirees.
Ben and Andrew discuss the Biden Adminstration's plan to create a "gas tax" holiday. The affects of the potential gas tax include issues with already existing oil industry relations as well as an uphill battle within Congress to get passed. They also discuss the upcoming Powell testimony, municipal funds trading at discounts, continued layoffs in Silicon Valley, and the issues in Kaliningrad as NATO has halted shipments getting into the area.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures
In this webinar/podcast episode Mat Sorensen and Aaron Halderman are Interviewing national real estate expert Marco Santarelli of Norada Real Estate on how to analyze a potential rental property. In this virtual broadcast/webinar we will discuss:- How to find a good rental property and what you should look for- How to run the numbers and analyze whether a property would be a good investment for your IRA- What property types and markets are popular- How do you get started with as little as $50k in your IRA, and what are your next steps.Do you need a Real Estate IRA? Open a new account with us at www.directedira.com
Making Margin PodcastEpisode 36 - To Roth or Not to Roth Welcome to the Making Margin podcast! Greenway's team is here to discuss common financial mistakes and to help you navigate them. Meet the voices behind this episode of Making Margin:NickJeffDrewToday we're talking about Roth IRA and 401(k); something we discuss with almost every client. What are the advantages and disadvantages? Who do they make the most sense for?Discussion Topics:A quick overview of Roth rulesWho should take advantage of the Roth option?Tax diversificationRMDsLegacy Resources:https://www.schwab.com/ira/roth-ira/what-is-a-roth-irahttps://www.schwab.com/resource-center/insights/content/should-you-consider-roth-401k
Diversity, Equity and Inclusion (DEI) can increase your wallet. Paul Skeen, the co-chair of the National DEI Counci with Eide Bailly and Susan Speirs, the CEO of Utah Association of CPAs discuss the advantages of including people from many different backgrounds, including race, gender and military service. Skeen says profits at Eide Bailly more than doubled after they began including more women among into partnership and corporate roles. You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here. See omnystudio.com/listener for privacy information.
Great questions sent into us this week with a common theme around the rising cost of living, looming inflation, gas prices, housing markets, stock market and more. We have received so many positive comments about these episodes. If you have a question for us please email to email@example.com **This post may contain affiliate links, and […]
Andrew and Ben discuss the current market sentiment on inflation and the "probability" of recession. Goldman speculates that chances of recession are increasing, and Bullard comments on inflation and the Fed's credibility moving forward with handling it. The episode also discusses Biden's comments on student debt forgiveness and a gas tax holiday. They finish with a conversation of Lennar earnings and guidance for the rest of the year.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures