Podcasts about 401k

Watch Out For This Chinese Stock Scam! Yes, there's another scam out there trying to part you from your hard-earned money. This has happened many times in recent years and it's occurred in very small Chinese stocks that are vulnerable to manipulation. For some reason some US investors see these and think they've hit it big. US regulators try their best, but typically cannot get access to information in China to go after these people. They're so good they trick people who should know better like businesspeople and even a university professor lost $80,000 in the scam. Their advertisements show up on social media or in messages on WhatsApp and they contain investment advice that looks very convincing with the alure of big, quick returns. They trick investors into thinking that this company is on the verge of something very big and they show that there are already short-term gains, which are engineered by the scammers through manipulative trading. The hucksters come from Malaysia, Taiwan and other places around the world. Some have been so bold that for some investors who lost money, they come back with a second better offer to make up losses on the first investment. Obviously, these people have no shame and the only thing I can recommend is to stay away from small Chinese stocks, especially if you see them advertised on social media. Remember the old saying if it sounds too good to be true, it probably is.   Is The Current 401K System Out of Date? The current 401(k) system was first established 42 years ago in 1978 when the use of normal pension plans was in place and when people still worked for a single employer for most of their career. This change in 1978 was beneficial to both the employees and employers, because it gave employees control over their retirement plan and reduced the long-term financial risk for many companies with underfunded pension plans that caused multiple problems form companies during the 2008 financial crisis. Today, times have changed and employees might experience over their 40 years plus work career different jobs that may include side gigs, the launch of a business or two and potentially a change in their job that could take place as much as 12 times over their career. The benefit for employees of the 401(k) is it gives people the ability to control their retirement. If they do leave an employer, they can take their retirement with them and invest it as they see best. The problem of today with changing jobs so many times is unfortunately these employees decide to take and use the money, even though the penalties and taxes due are sometimes as high as 50%. In my opinion, there is not one good reason why you should be taking your retirement money early as you'll pay for it many times over if you reach retirement with little or no retirement funds. Believe me, it is hard being older, but it is devastating to be older with no retirement funds. It has been estimated that frequent job changes over a career can cost as much as $300,000 in retirement savings. I like the new system that has made auto enrollment the default for employees starting a new job, but there is talk that they also want to require when a worker leaves an employer that their 401(k) automatically follows them to the new job and it should contain the same contribution rates as well. I think this is a terrible idea as it could get employees that are changing jobs locked into a terrible new 401(k). It could perhaps be additional administrative work for the new employer who already has enough to take care of when you include all the regulations, they have along with health insurance and current retirement plan administration. Being an employer myself one would not believe how much employers have to do already.    The Unknown Risk of the S&P 500 Many people love investing in the S&P 500 because the recent performance has been very strong. We have talked in the past about the over concentration of technology in the index, but I was shocked to learn that 71% or roughly 351 companies in the index report either non-GAAP income or non-GAAP earnings-per-share. This is dangerous for investors because you're not comparing apples to apples and 89% of those 351 companies that made adjustments had results that appeared better. Wall Street has forced companies to continue to report higher and higher earnings each year and sometimes each quarter or else the stock gets pulverized. Non GAAP numbers were supposed to be allowed to explain extenuating or extraordinary circumstances like a factory fire or a sale of a division, but companies have abused the rule and exclude items like stock based compensation, amortization of intangible assets and currency fluctuations. The one that bugs me the most is restructuring charges that occur every year. For example, Oracle has had a restructuring charge for the past five years. Unfortunately, the SEC is absent on enforcing the rules and non-GAAP earnings have just about become the standard. The problem for investors is with no standard, you cannot compare true earnings of a company. If you have been investing as long as I have, you'll remember the last time the abuse of non-GAAP earnings was during the tech boom and bust. Some people say we are too conservative with our investing and we are missing out on some big gains, but I do believe fundamental investing and understanding the true numbers of a company is far safer and it should produce better returns in the long run.     Financial Planning: What is the Net Investment Income Tax? The Net Investment Income Tax (NIIT) is a 3.8% federal surtax that began in 2013 under the Affordable Care Act, targeting high-income individuals. It applies to any net investment income that exceeds a single taxpayer's modified adjusted gross income (MAGI) of $200,000 or $250,000 for married couples filing jointly. Crucially, these thresholds are not indexed for inflation, so while they may have seemed high in 2013, today they would equal roughly $270,000 and $337,500 in 2025 had they been indexed for inflation, meaning more taxpayers are caught by the tax over time. Net investment income includes interest, dividends, capital gains, rental income, passive business income, and the earnings portion of non-qualified annuity distributions. While non-investment income sources such as wages, IRA withdrawals or conversions, and active business profits aren't directly subject to NIIT, realizing large amounts of those sources can push your MAGI above the threshold, thereby exposing your investment income to this additional tax.  Also keep in mind, most investment income is still taxed as ordinary income as well. Only long-term capital gains and qualified dividends receive the lower capital gain tax treatment, but all investment income may trigger the NIIT if income exceeds the thresholds.   Companies Discussed: Fiserv, Inc. (FI), Pinterest, Inc. (PINS), Duke Energy Corporation (DUK) & General Mills, Inc. (GIS)

This week's Ask Farnoosh mailbag includes timeless questions with a fresh twist:-What should you do after paying off your mortgage?-How to handle running out of tuition money when your child is in their third year of college.-Is it worth opening a second retirement account beyond your 401(k)?-And what's the real difference between a Roth IRA and a Roth 401(k)?

In a recent BlackRock survey of registered voters, more than 75% of retirees said they wished they had saved more money for retirement. And with the recent passage of the SECURE 2.0 Act now in effect, opening up new opportunities for savers, investors are considering how to save and build wealth for the future. Shoring up emergency savings is protective of retirement savings, according to research by The BlackRock Foundation. So how can investors ensure they're pulling all the levers at their disposal to retire on their own terms?Rob Crothers, Head of U.S. Retirement for BlackRock, will discuss the current state of the retirement landscape and help us unpack a toolkit for retirement savers that's been proposed by the Bipartisan Policy Center and how investors and employers can plan for the future.Key moments in this episode:00:00 Introduction: The Importance of Saving for Retirement00:17 Exploring the SECURE 2.0 Act and Retirement Universals02:01 Current Retirement Landscape and Policy Changes04:06 BlackRock's D.C. Retirement Summit and Key Recommendations06:28 Mechanisms for Better Saving Behavior11:40 Encouraging Early Financial Education14:24 Market Volatility and Long-Term Saving Strategies16:50 Actionable Retirement Considerations18:18 Conclusion and Upcoming TopicsCheck out this playlist on investing for retirement here: https://open.spotify.com/playlist/08Fx1iZaBwLclqpswIbjUq

ARY ROSENBAUM talks about the top 10 signs for a plan sponsor that their 401(k) plan is unhealthy.

Net Unrealized Appreciation: If you own company stock in your 401(k), this episode could potentially save you thousands in taxes. Jeremiah and Nic uncover the little-known but incredibly powerful NUA tax strategy. Through a real-world client example, you'll learn how someone turned a $16,000 stock cost basis into a $98,000 gain—and avoided paying ordinary income tax on the entire amount. But this isn't just a story of smart tax planning—it's a roadmap for anyone nearing retirement with company stock in their 401(k). From tracking your cost basis to understanding when NUA makes sense (and when it doesn't), the guys give you the knowledge you need to ask the right questions and avoid costly mistakes.   Listen, Watch, Subscribe, Ask! https://www.therealmoneypros.com Hosts: Jeremiah Bates & Nic Daniels

Watch & Subscribe on YouTubeAre you blindly trusting your 401k to secure your financial future? You might be making a costly mistake.In this eye-opening episode of Wealthy Wellthy podcast, we dive deep into her wealth of experience in personal finance and investing, and offers a fresh perspective on building long-term wealth beyond traditional corporate retirement accounts.The main focus of this episode is debunking the myth that maxing out your 401k is the best path to a comfortable retirement. Krisstina explains why "matching, not maxing" your 401k contributions and diversifying your investments can lead to greater financial freedom. Krisstina emphasizes the importance of having control over your money and being an active, knowledgeable investor to maximize returns.Throughout the conversation, we dive into topics such as the limitations of government-controlled retirement accounts, the benefits of real estate investing, and the crucial difference between financial security and financial freedom. They also touch on the value of financial literacy and the need to calculate your specific retirement needs.Ready to take control of your financial future and explore investment strategies beyond your 401k? Listen to this episode of Wealthy Wellthy for actionable insights that could transform your approach to retirement planning and wealth building.Key Takeaways5:05 History of pensions and retirement plans10:52 Limitations and drawbacks of 401k plans16:46 Risks of relying solely on 401ks22:17 Match don't max: 401k investment strategy28:42 Options for investing outside 401ks34:24 Comparing different investment vehicles 40:48 Strategies for building wealth long-termMemorable Quotes"Retirement plans are based on a history that's not applicable today. We want to live to 100, maybe more. But these plans are not set up to live to 100, which means if we just rely on traditional retirement plans, it's very likely that we'll run out of money.""Match, don't max because you just want to take advantage of what the company is matching. But we don't want to max out everything that we can put into these types of programs.""To really build wealth and to build it powerfully, you might say, 'Hey, there's my neighbor. The estate wants to dump this property really fast. I can get a great deal on this house.' But wait, I can't touch that retirement income to take advantage of this opportunity."Resources Mentioned Vanguard (for index funds) - https://investor.vanguard.com/Connect with KrisstinaWebsite - https://wealthywellthy.life/Instagram - https://www.instagram.com/krisstinawiseYouTube - https://www.youtube.com/@krisstinawiseKrisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

 If you're changing jobs or heading into retirement, you might be wondering whether to roll over your 401(k). In this episode, Miguel Gonzalez breaks down the pros, cons, and key factors to consider before making a move. Cortburg Retirement Advisors is a boutique financial planning firm committed to helping you grow, protect, and preserve your assets from your first job to retirement. We specialize in wealth management, estate and tax planning, group retirement, employee benefits, insurance, and retirement planning to navigate any economic climate.Miguel Gonzalez, a Retirement Specialist with 20+ years of experience, offers expertise in retirement income planning, investment management, and retirement plan design. With an MBA from Columbia Business School, and professional experience with JP Morgan Chase, Merrill Lynch, and more, Miguel is a trusted advisor for his clients.#401kRollover #RetirementPlanning #FinancialAdvice #RollOverIRA #InvestmentOptions #CortburgAdvisors #SmartMoneyMoves #TaxDeferred #FinancialWellness #IRAPlanning #RetirementSavings #JobChangeFinance #MoneyTips #WealthBuilding #FinancialGoals #DirectRollover #AvoidTaxes #RetirementOptions #MoneyManagement #RetirementStrategyWelcome to Cortburg Speaks Retirement Podcast with Miguel Gonzalez, MBA, AIF®, CPFA®, CRC® CLICK HERE TO LISTEN TO MIGUEL'S LATEST PODCAST FOLLOW US ON: YouTube->https://m.youtube.com/c/CORTBURGRETIREMENTADVISORS Facebook-> https://m.facebook.com/CortburgInc Twitter-> https://twitter.com/CortburgInc LinkedIn->https://www.linkedin.com/in/miguelxgonzalez/ Website: www.CortburgRetirement.com Email: Miguel@CortburgRetirement.com

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredThe New York Times says your 401(k) was a mistake. That's rich.This week's hit piece on retirement savings blames the 401(k) for leaving people “out in the cold”—but conveniently forgets math, personal responsibility, and life expectancy.In this episode:The dangerous revival of government-run retirement schemes (hello, Teresa Ghilarducci).The fantasy of going back to the “good old days” of pensions… when life expectancy was 62.And why you can't promise lifetime income with fake math and fading Social Security.Want retirement security? You need real savings, real returns, and real reform—not another “guaranteed” government boondoggle. www.watchdogonwallstreet.com

Are you tired of traditional savings accounts that don't seem to get you anywhere?Today, Russ and Joey welcome Chris Miles of Money Ripples to discuss the powerful synergy between infinite banking and passive income. Chris shares how his journey from traditional financial advising to alternative investments transformed his financial outlook, revealing the strategies that helped him retire early and build lasting wealth.The trio also discusses the pitfalls of relying solely on savings accounts and emphasizes the importance of using whole life insurance as a tool for wealth building.If you've ever wondered how to truly escape the Wall Street rat race and start generating passive income that works for you, this episode is a must-listen.Top three things you will learn:-How infinite banking can be used to create long-term wealth-Why traditional savings accounts fall short in building financial freedom-Insights on leveraging real estate and lending for passive incomeDisclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Book Your Free Passive Income Game Plan Session:-https://wealthwithoutwallstreet.com/freecallInvest Like a Billionaire Podcast:-https://thebillionairepodcast.com/Want to raise millionaire kids? Watch how Sharran Srivatsaa — former Goldman Sachs banker turned entrepreneur and investor — is building a generational wealth system with his kids, step-by-step.-https://go.wealthwithoutwallstreet.com/millionaire-kidsTurn Active Income Into Passive Income:-https://wealthwithoutwallstreet.com/piosKnow Your Investor DNA:-https://wealthwithoutwallstreet.com/investordnaHow to Buy Online Businesses for Profit with Sophie Howard:-https://wealthwithoutwallstreet.com/freedomnavigatorCreate a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:-https://wealthwithoutwallstreet.com/carsWealth Without Wall Street New Book:-https://wealthwithoutwallstreet.com/newbookIBC Webinar:-https://wealthwithoutwallstreet.com/ibcJoin Our Next Inner Circle Live Event:-

The 401(k) is the primary retirement savings vehicle for American workers, but it is only one of the option available, and having a good grasp on the rules and limitations of those options is important when developing your retirement savings strategy. Nathan discusses the pros and cons of the 401(k), and how to use it to its full potential. Also on MoneyTalk, how income investing works, and understanding the various credentials held by advisors. Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 6/20/2025; Original Air Dates: 5/31/2023, 6/9/2023 & 6/14/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

Ready to get started? Book a call with one of our IRA specialists!: https://directedira.com/appointment/If you've got an old 401(k) or IRA collecting dust, it's time to take control. In this episode, we explain how to move your account into a self-directed IRA—without triggering taxes or penalties—and why it matters. You'll learn what you can invest in, from real estate to startups, and how to avoid costly mistakes. We also share real examples and walk you through the steps to get started. Don't let your retirement account sit idle—put it to work.00:00:10 – Why Your Old 401(k) or Sleepy IRA Needs Attention00:02:04 – Understanding the Power of Self-Directed IRAs00:03:17 – Common Myths and Misconceptions00:04:37 – What You Can Invest In with a Self-Directed IRA00:05:13 – How to Move Your IRA Without Tax or Penalty00:08:50 – Real Investment Examples: Real Estate, Crypto, and More00:17:00 – Prohibited Transactions and Restrictions00:20:32 – How to Get Started with Directed IRALearn how to take control of your retirement - https://directedira.com/Shop my products - https://shop.matsorensen.com/ Blog & Articles - https://matsorensen.com/blog/Connect with Mat online:Instagram: https://www.instagram.com/matsorensen/Facebook: https://www.facebook.com/mat.sorensen.1LinkedIn: https://www.linkedin.com/in/matsorensen/TikTok: https://www.tiktok.com/@sorensenmat YouTube: https://www.youtube.com/@MatSorensenWebsites:https://directedira.comhttps://matsorensen.comhttps://kkoslawyers.comhttps://mainstreetbusiness.com

On this special episode of WSJ's Take On the Week, co-host Telis Demos and guest co-host Miriam Gottfried explain why the private market has its eyes on your 401(k) retirement savings account. To offer insight into what that means for retirement savers, we'll be joined by two separate guests. The first is Holly Verdeyen, partner and U.S. defined contribution leader at Mercer, a human resources consultant and asset manager. Verdeyen shares why and how the addition of private investment assets to a retirement portfolio can affect long-term savers and what differentiates private assets from public assets like stocks and bonds. Later on the show, we're joined by WSJ's retirement and personal finance reporter, Anne Tergesen, to further explore which investors are best suited for investing in private assets, and what a first-of-its-kind private credit ETF between asset managers State Street and Apollo means for investors. Tergesen lays out the additional fees and restrictions that come from putting money into private assets that investors should be aware of. This is WSJ's Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street's banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com.  To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com  Further Reading  For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog.  Sign up for the WSJ's free Markets A.M. newsletter.   Learn more about your ad choices. Visit megaphone.fm/adchoices

I'm sticking with answering your questions about the invisible work we do. And today is all about the Sunday Basket®. I didn't yet have a name for it. But I'll never forget the sense of accomplishment from the first time I tried my idea out that became the Sunday Basket®. In 2012, Joey went down for his normal 20 min nap, and I, Lisa Woodruff, actually got a few calls made and checked a few things off my list. The more I did it the more I realized this was something all household managers needed. And now I had a plan to get control of my to do's and paper.  Organization is a learnable skill. Delayed gratification = Productivity The Sunday Basket® is a box on your kitchen counter to “collect all”. On Sunday, you make decisions. One person asked “How do you know what to do first?” Reality check: you are not going to get all your to-do's done. We are all overcommitted. When I go through my Sunday Basket®, it's really a process of elimination; what is the least I can get away with doing.  When you only take care of the things necessary, you free up time for you. And this is why we use note cards! You don't need to do the busy work of rewriting your to-do list, you just decide if each thing on each note card needs to be done by next Sunday or not and you put it right back in it's slash pocket if not.  One person noted they spend all their time going through slash pockets and recreating their to-do list. I remember being worried, “What was I going to do when I completed my Sunday Basket®?” It's important to know what you are freeing up time to do. How would you feel actually completing one of those tasks each week? Then two each week? Then what's that big reward? Will you get more time with your family? Continue your education? Plan what you will do with all that extra time.  Sunday Basket® for now and later A Sunday Basket® can be utilized in many ways. I answered one question about using it for finances. You can have a whole Sunday Basket for finances where you track and plan your 401K, Investments, and projects or large ticket items that you are planning to purchase. I use my household manager one for monthly tasks including bills. I have a separate one for larger financial planning. Another person inquired about all the tips she's saved and if putting them in her Sunday Basket® was a good idea. If it's tips or instructions for something difficult to find each time you need to do it, print it off and place them in your Household Operations Binder. And/Or, you could have a whole Sunday Basket® devoted to projects, book tours, getting your PhD, recipes, and life hacks for “someday.” I recommend pink because that's the color for you, the future, and dreaming. The Sunday Basket® is a great place to store ideas and you will know where to find them later.  Then when you have the time from only doing necessary tasks, you have time for something that doesn't need to be done but that you have been wanting to do. We have the Sunday Basket® for your household manager role. And there is the Friday Workbox for work. They both help in similar manners but the slash pockets have slightly different functions. We offer bundles to help you make the most out of you purchase to maximize your organization and productivity results.  If you really don't know where to start, you won't break customer service's heart to call and they'll shop with you. They love to hear what you are working on and suggest the perfect products for you and the phase of life you are in.  EPISODE RESOURCES: The Sunday Basket® Friday Workbox® Sign Up for the Organize 365® Newsletter  Did you enjoy this episode? Please leave a rating and review in your favorite podcast app. Share this episode with a friend and be sure to tag Organize 365® when you share on social media!

This week, we discuss changes to our asset class rankings, gold, weakness from the US Dollar, defense stocks breaking out, and technical updates to large cap growth.

Tommy talks to Mark Rosa, President and CEO of Jefferson Financial Federal Credit Union

June 20, 2025 ~ Chris Alberta, president of Principium Tactical Wealth Managment, talks with Chris, Lloyd, and Jamie about those nearing retirement can contribute more to their 401(k) than the standard limit.

Charlie and Peter are joined by noted Wall Street Journal columnist and Creative Planning Director of Education Jonathan Clements to discuss 10 valuable lessons handpicked from his many contributions to the world of personal finance. Plus, learn how you can contribute to Jonathan's charitable Getting Going on Savings Initiative while furthering your own financial education.

You've heard of the Dave Ramsey Baby Steps, now let's discuss the FOO aka the Financial Order of Operations. Full credit to Brian & Bo at www.moneyguy.com for the FOO. Spoiler alert: we prefer the FOO over the Baby Steps, but you can't go wrong with either. If you aren't doing one of them, you're missing the boat!

Target-date funds just passed $4 trillion in assets. They're now the default investment in many 401(k)s, and millions of Americans are using them without really understanding how they work. So, are they a smart choice… or just the easiest one?   Important Links: Website: http://www.yourplanningpros.com Call: 844-707-7381   ----more---- Transcript:    Marc: Target-date funds just passed $4 trillion in assets. They're now the default investment in many 401Ks for millions of Americans, who are using them without really understanding how they work. So this week on Plan With The Tax Man, let's talk target-date funds.   Hey, everybody. Welcome to the podcast with Tony Mauro and myself as we talk investing, finance and retirement. Of course, Tony is the Tax Man, and if you've got questions or concerns or need some help when it comes to today's topic, or any other, make sure you're talking with a qualified professional like Tony and his team at Tax Doctor Inc. You can find them online at yourplanningpros.com. That's yourplanningpros.com. Tony's got 30 plus years of experience as a CPA, CFP, and an EA, so a great resource for you to tap into.   Tony, my friend. What's going on buddy? How are you?   Tony Mauro: I'm well. Enjoying the summer so far, and as we're recording, that's getting closer to the July 4th holiday, so things are good.   Marc: That's true.We'll drop this one this week about two weeks early, and then we'll drop another one, probably right around there.   So what do you think about that? 4 trillion bucks, man, in target-date funds? That's a lot of dough.   Tony Mauro: That's a lot of money. It seems that clients are starting to ask about them more. Basically, what is it? Do you think it's a good idea?   Which is why I wanted to talk about it a little bit just to shed some light on all this.   Marc: Because the question is, Tony, is it the smart choice or is it the easy choice?   So they were created for that purpose, to be easy, I think. I think that's part of it because... Well, we give some back history here, just a little teeny bit. Again, according to Morningstar, hit $4 trillion in assets. In fact, it says eight out of every 10 Vanguard 401k investors hold one today. So start at the beginning a little bit. What exactly is a target-date fund? Give us just a quick breakdown.   Tony Mauro: It's as the name implies, is basically they set a date, and they have all these different funds. So for example, if you're 50 years old, and they have a fund that they put a date on it, so 15 years from now they'll call it the 2040 fund, and then the '45 and on and on and on.   Marc: Which we're used to seeing, right?   Tony Mauro: That's what you see. And really what they're designed to do, is based on your age, they basically take a portfolio growth-oriented as you're younger, if you've got a lot of time left, and then as you age, it becomes more and more conservative, and shifts on its own to more and more conservative funds. With the theory that is that as you get closer to retirement, you want to take less risk, and you want to make sure that a down little blip in the market two to five years is not going to kill you as far as that goes.   So, it makes it really appealing to a lot of investors with this whole thing. Talk about set it and forget it. This fund is that exactly.   Marc: It's definitely that. So they call it the glide path, so it's designed. But I think there's some misnomers in there. So part of that, but based on what you were just saying, sometimes people say... Okay, well let's just go with an easy number here, Tony. We'll just say the 2050 fund. So it's 25 years from now, so I've got 25 years before I'm going to retire. I'm set to retire in 2050. So that'll work great, I'll just do that. Again, if you're doing nothing, I think these target-date funds can be cool, but some of the downside is that risk tolerance you were just talking about.   First of all, they don't go all the way down to zero. So I think some people feel like there's this, "Oh, well, if they're reducing my risk as I get closer to my target-date, I'll be really, really no risk by the time I get there."   And that's not usually the case. Usually, what? It's about 50/50 I think is about where they stop at.   Tony Mauro: That's usually what it is, what I see, even in the most conservative, say the last two to five years. And I do think people, because they're marketed as the set it and forget it, they don't really look at some of that stuff.   So, while they offer the simplicity and the chance to rebalance, I don't think they're all the same. And I think this is where, rather than... It's better than doing absolutely nothing. Let's get that on the table. But if you're going to use one of those, as many people do, I think you should work with your advisor to make sure that this is something you really want. You need to look at the fee structure you need to look at...   Marc: That's another great point.   Tony Mauro: ... The asset mix as you get a little closer to retirement, is that maybe it's too conservative? Maybe it's too aggressive.   To me, with our clients, I like to have a little bit more, I don't want to say control, but yet...   Marc: Well, that's what it is though, right? Well, so all right, so you're thinking about... You just mentioned...   Okay, a couple of positives, let's do that. So it's very easy if finance isn't your thing, you just want to pick something, and so you can roll, and that way you're putting in your 401k at work, and you're getting the match, and blah, blah, blah, and you're earning something for retirement, great. Okay, very easy. Good to do.   The auto rebalancing, again, another benefit. So that makes it easy. You don't have to worry about that too much, because they auto due, but you just mentioned the fees. These are managed and so they come with fees, correct? Higher fees, sometimes.   Tony Mauro: Sometimes they come with higher fees, because based on how the fund is structured, and what their fund is supposed to do, they may be moving in and out of securities more often than not.   And I think the other thing, too, is a lot of people don't really look at how long the fund's been around some of the maybe longer-term performance. Just even as the managers, because you certainly don't want to buy a real laggard=type of target-date fund if they don't have a good record as managers. But most of them are going to be okay to a little above average.   But the point is to take a look and delve into some of this stuff, because it's something you got to watch out for.   Marc: Definitely.So you've got the fee structures conversation, does it actually fit your needs? So I think that's part of it.   So let me rephrase it this way, Tony, you've been doing this for 30 plus years as I mentioned earlier, I think if you're a younger person, if you're in your twenties, thirties, maybe even your forties, and you've taken a new role, new gig someplace, and you're setting up the account, and as I mentioned, more and more companies now are automatically... You have to check to opt out of a target-date fund. So check that whenever you're setting up with HR and all that stuff.   I think they can be useful. You're getting it going. You're busy, you've picked the target-date fund for the year that you're going to turn 65, but I think as you get closer, and you mentioned this a minute ago about your clients, I think once we get to 50 plus, maybe there's better options out there for us to be looking at doing it. Is that fair?   Tony Mauro: I think that's fair. And I think it's especially prevalent, and we have cases like this all the time. If a person is maybe behind, in other words, we do a plan, and we figure out where they want to be and figure out that they don't have enough to get to that goal, we may need to change up some things, assuming the risk tolerance and everything else aligns with that. And the target-date fund wouldn't be a fit for that at all. We wouldn't be able to get to where we're going.   But in all of our meetings, as we're setting up the investments part, we do talk about target funds. And I don't mind using them for a small portion of the portfolio to start, just as a little bit of a buffer as the set it and forget it part. So there is a fit. So I'm not come off totally against them,   But I think in most cases, especially above 50, especially when you get to the distribution stage, we certainly don't want to leave our money in the target-date funds, because most of the time you're looking for as much yield as you can get for that income distribution. So I think they have their fit.   I think too many people are just like you say, just saying, "You know what? I don't know anything about any of this. I'm just going to throw my money in that."   That's not a bad option. I think the better option is to talk to somebody and to work with your advisor to see if that is the best fit for you and diversify even more.   Marc: And I had just seen not long ago, and I was trying to find it so that I could cite the place that it came from, but it said over the last five years that more and more target-date funds are automatically shifting to a higher aggressive stance to begin with. Probably because the market had been doing well, plus with the bond trouble that bonds had been experiencing for a couple of years.   So again, to your point about allocation, and about risk tolerance, and all that stuff, that's where some of the misnomer comes in. People feel like, okay, this is going to be probably a fairly safe bet. It's going to be a 60/40, it's going to stay that way, 60/40 split's going to stay that way. And then as I get closer to retirement, it's going to drop down to 70/30, 70 being safer. And that's just not always the case.   So you really want to talk with an advisor and dig into it. So do you guys, when you're working with people that come in for the first time, and you're going through their list of assets, do you look into those and see what's going on there?   Tony Mauro: We do if they have those in their 401k. And then we'll usually pull a report just to let them know what that fund is about and what its makeup is, what its asset allocation is, and based on everything else that we'll do in our planning software, is that the right fit for them in the portfolio? A lot of times it is. But if that's their only one, generally we'll suggest some other things, at least for the future.   Marc: What typically is in some of these bigger ones, typically it's going to be a lot of large cap and stuff, isn't it, Tony?   And so I was thinking about this the other day. So if you're picking a 2040, 2050 fund, but then you're also going and getting some investments on the side. Let's say you want to do some extra stuff and you're like, "oh, I'm going to go get a mutual fund through Schwab" or whomever.   A lot of times you wind up buying the same stuff, because you're probably picking a mutual fund that you're looking at to see, hey, it's doing fairly decent and it's probably all around, well, lately, tech, and these large-cap companies, the S&P, and whatnot.   Tony Mauro: It is. And I think so many people don't look at that. They think they've got a ton of diversification in their mutual funds, [inaudible 00:10:08]   Marc: "I got that from Schwab, myself, and my target-date funds through Fidelity." I'm just making stuff up. But then they think, "Okay, two different companies, two different mutual funds, two different sets of stuff. Cool. I'm more diversified."   But often it's not.   Tony Mauro: It's really not. And when you delve into it a little bit, you can point some of that stuff out, and it's a little aha moment for them just to basically say, "Look, if there's nothing wrong with this, but you really don't have as much diversification as you think, and based on how we want the plan to go, we might just to make some tweaks."   Marc: Gotcha. Okay. All right. Any final thoughts? I don't want to belabor the point too much.   I like this thought that I have to wrap this up, Tony, and then I'll let you tell me what you think. Look, they're easy as we said, but sometimes that's the problem. And with so much money riding in a one-size-fits-all strategy, I think it's worth asking the question, are you planning for retirement or are you coasting towards it? What do you think?   Tony Mauro: I would say that's definitely true. I would say from a planner standpoint is we try to get a little more intentional with it, and we don't really want to... Not that the default is a bad thing, but we want to make sure it's the right fit for you. So I definitely think there should be at least a little dissecting before you just coast rather than plan.   Marc: And I think definitely age has something to do with it. So like a lot of things in finance, what you're doing in your twenties, and thirties, and forties may be fine if you're going with the one size fits all easy, low-hanging fruit. But as we get to 50, we start thinking about things a little bit differently and maybe it's a little worthwhile to start really getting somebody to look under the hood, so to speak, and really dissect that a little further.   So, you got some questions with that stuff, need some help, reach out to Tony and his team at Tax Doctor Inc. Get yourself onto the calendar by simply going to their website, yourplanningpros.com. Or you can call them at 844-707-7381. 844-707-7381.   And don't forget to subscribe to the podcast on Apple, or Spotify, or whatever podcasting platform app you enjoy using. Just type in "Plan With The Tax Man" in the search box, or just simply go to the website, yourplanningpros.com.   Tony, my friend, thanks for breaking it down. As always, I appreciate you.   Tony Mauro: Okay, we'll see you next time.   Marc: We'll see you next time right here on Plan With The Tax Man with Tony Mauro.   Securities offered through Avantax Investment Services SM, member FINRA, SIPC. Investment advisory services offered through Avantax Advisory Services. Insurance services offered through an Avantax affiliated insurance agency. Investment strategies discussed in this episode may not be suitable for all investors. Please consult with a financial professional.

If you've switched jobs in the past few years, chances are you've got an old 401(k) sitting somewhere, collecting dust and possibly fees. Today, we're answering a listener's question about what to do with an old 401(k), when a rollover makes sense, and how to avoid common pitfalls when making the switch.   Important Links: Website: https://www.cpweldegroup.com/ Call: 610-388-7705   Financial Planning and Advisory Services are offered through Prosperity Capital Advisors ("PCA") an SEC registered investment adviser with its principal place of business in the State of Ohio. CP Welde Group and PCA are separate, non-affiliated entities. PCA does not provide tax or legal advice. Insurance and tax services offered through CP Welde Group are not affiliated with PCA. Information received from this podcast should not be viewed as individual investment advice. Product discussions and illustrations are hypothetical in nature and will vary based on many factors including, but not limited to, age, health, product, insurance carrier and product design. You should consult the insurance carrier website and policy for detailed information. Content may have been created by a Third Party and was not written or created by a PCA affiliated advisor and does not represent the views and opinions of PCA or its subsidiaries.  For information pertaining to the registration status of PCA, please contact the firm or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). For additional information about PCA, including fees and services, send for our disclosure statement as set forth on Form ADV from PCA using the contact information herein. Please read the disclosure statement carefully before you invest or send money.

Brotherhood. Community. Jeremiah uses episode 58 to express his extreme gratitude for teams, friendships, and giving back.

I don't mean to be an alarmist, but if you are an employee for a company, you will be replace in the not to distant future.     A.I. is more cost-effective.    It doesn't complain, need a salary.   Take vacations.    Ask for raises.    Need sick days.   401K and retirement.    The best thing you can do is to become an entrepreneur.   If you don't own or control the tech, it's going to own you.    Get on the front side of this before it is completely here.    You have maybe 5 good years doing whatever it is you're doing and don't think for a moment we won't figure out how to do some amazing things and replace 90% of the jobs in the world these days.    The best advice I can give you is to find something that's not sexy.   Something that's going to be needed.    Start a company around that.   Build the tech.   Be the best at it.    You've got 5 months!    About the ReWire Podcast   The ReWire Podcast with Ryan Stewman – Dive into powerful insights as Ryan Stewman, the HardCore Closer, breaks down mental barriers and shares actionable steps to rewire your thoughts. Each episode is a fast-paced journey designed to reshape your mindset, align your actions, and guide you toward becoming the best version of yourself. Join in for a daily dose of real talk that empowers you to embrace change and unlock your full potential.    Learn how you can become a member of a powerful community consistently rewiring itself for success at ⁠https://www.jointheapex.com/⁠   Rise Above 

Nick Hopwood, Certified Financial Planner and founder of Peak Wealth Management where they manage 400 million for high net worth individuals and small businesses owners. Nick is known as "Mr Roth" because sometimes thats all he wants to talk about... Visit PeakWM.com/Gruber to get a second opinion Markets reaction to middle east conflict Using a 401k to invest in real estate  

Building on last week's discussion about why rolling over your old 401(k) into an IRA could be a smart move, this episode flips the script. It explores seven compelling reasons you might want to leave your 401(k) with your previous employer instead. I break down factors like fees, company stock advantages, penalty-free withdrawals, legal protections, and unique investment options that could all influence your decision.  If you're approaching retirement or just planning your next career move, this episode is packed with insights to help you make the best choices for your financial future.  You will want to hear this episode if you are interested in... [04:12] Leave company stock in 401k to use net unrealized depreciation, potentially saving on taxes via long-term capital gains. [08:55] Consider keeping company stock in an old 401(k) to avoid taxes and penalties if under 59.5 years. [10:01] IRA withdrawal exemptions and strategies. [16:01] Consider keeping your old 401 (k) for potential loan access, but check if your provider permits non-employee loans. [17:50] Deferring 401(k) distributions explained. When to Leave Your Old 401(k) With Your Previous Employer Changing jobs often means making quick decisions about retirement savings. While rolling over your old 401(k) into an IRA is a common choice, there are significant advantages to leaving it where it is. This week, I'm discussing the situations when maintaining your previous employer's retirement plan is advantageous.  1. Potential for Lower Fees If you worked for a large organization, their 401(k) plan might offer exceptionally low administrative and investment fees, especially if they've chosen robust menus with index fund options. While IRA costs have dropped due to strong competition among major financial institutions like Schwab, Fidelity, and Vanguard, some large employer plans still offer a lower cost.  Always compare fees before making a move; sometimes, your old 401(k) will be the most cost-effective option available. 2. Tax Benefits of Company Stock (Net Unrealized Appreciation) Do you have significant company stock in your 401(k)? You could benefit from the unique tax break called Net Unrealized Appreciation (NUA). This allows you to pay lower long-term capital gains rates on your stock's growth instead of higher ordinary income rates. However, to take advantage of NUA, you must carefully roll out your stock and be mindful of any 10% penalty if you're under 59½. Know your stock's cost basis and consult with a tax professional to determine if waiting is best, especially if your cost basis is higher. 3. Penalty-Free Access Between Age 55 and 59½ Left your job between 55 and 59½? Here's a little-known benefit: you can tap your old 401(k) penalty-free before age 59½. If you roll the balance into an IRA, that door closes, unless you qualify for rare exceptions. This rule can be crucial if you need those funds to bridge the gap to retirement, so consider leaving at least part of your balance in the plan until you turn 59½. 4. Enhanced Creditor Protection Federal law (ERISA) offers 401(k) plans strong protection from creditors and judgments, even in bankruptcy. While rollover IRAs are also protected under federal and many state laws, the details can get complicated. Certain states may limit IRA protections, so it's wise to investigate your state's rules. Segmenting rollover IRAs from contributory IRAs can also help simplify tracking and protection. 5. Access to Stable Value Funds Some 401(k) plans offer stable value funds, a low-risk investment choice that often comes with a guaranteed minimum rate of return. While money market funds are currently paying more, that could change if interest rates drop. In lower-rate environments, stable value funds could offer an edge and a safe harbor for your retirement assets. 6. Possible Loan Availability Need to borrow against your retirement savings? Some plans allow you to take a loan from your 401(k), even after leaving the company. However, this isn't universal, since loan repayments are usually tied to payroll. Check with your plan administrator to see if this benefit applies; if it does, it could be an important safety net. 7. Required Minimum Distribution (RMD) Deferral if Still Working If you work past age 73, keeping your funds in a 401(k) with your current employer lets you defer required minimum distributions (RMDs). That's not the case with IRAs. Consolidating old 401(k)s into your current plan can simplify RMD timing and let your funds grow tax-deferred a bit longer. Make an Informed Move Rolling over your 401(k) may seem automatic, but there are times when staying put is the better choice. Carefully assess fees, tax implications, creditor protections, and your unique needs. Most importantly, consider working with a fiduciary, fee-only financial advisor who understands your entire financial picture. Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Charles Schwab Fidelity Vanguard Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact   Subscribe to Retire With Ryan

Think your taxes will be simpler in retirement? Think again. In this episode, Brandon Bowen breaks down why overlooking tax strategy is one of the most common—and costly—retirement mistakes. From tax-deferred traps to Roth advantages, learn how diversifying your tax buckets can help you keep more of what you’ve earned. Whether you're still working or already retired, this conversation will change how you think about your financial future. Like what you hear? Get a second opinion today: bowenwealth.com Follow us on social media: YouTube | Facebook | LinkedIn See omnystudio.com/listener for privacy information.

In this episode, financial advisors and retirement planners Jim Martin & Casey Bibb of Martin Wealth Solutions unpack the latest insights on how Americans are saving for retirement—and what that means for you. They highlight a record-setting year for 401(k) contributions, compare generational saving trends, and share five powerful ways pre-retirees can boost their retirement readiness. From maximizing employer matches to choosing between Roth and Traditional strategies, Jim and Casey walk listeners through simple, effective ways to take control of their financial future. Want to work with us? Visit: http://retirewithmartin.com/ Learn more: www.planwellretirehappy.com 00:00 Introduction and Celebration 00:14 Understanding Retirement Savings 00:41 The Comparison Trap 01:30 House Renovations Update 01:53 Record 401k Savings Rates 02:45 Wealth Smart Process 05:47 Generational Savings Insights 09:23 Savings Rates by Age 10:15 Celebrating Gen Z's Financial Achievements 10:31 Five Powerful Ways to Catch Up on Retirement Savings 10:46 Maximizing Contributions and Catch-Up Strategies 11:50 Roth vs. Traditional: Be Intentional 12:15 Don't Leave Match Money on the Table 12:33 Simplify and Stress Test Your Retirement Plan 13:40 Dos and Don'ts of Retirement Planning 16:07 Addressing Listener Questions and Concerns 19:50 Final Thoughts and Encouragement Disclaimer: Opinions expressed herein are solely those of Martin Wealth Solutions, unless otherwise specifically cited. Material presented is believed to be from reliable sources, but no representations are made by our firm as to another parties' informational accuracy or completeness. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.  

It's a Mesirow Monday! Every week, a specialist from Mesirow Wealth Management joins Jon Hansen to discuss a different financial topic. This week, Gary Pattengale, Advanced Planning Specialist and Wealth Advisor at Mesirow, joins Jon to discuss the differences between an IRA, a Roth IRA, and a Roth 401(k). For more information, visit www.mesirow.com or […]

All too often hard working people with good jobs are struggling to get by.These are the same people who are forced to take stressful promotions at work and spend a couple hours commuting each day. They come home to the house they think they own, but they are really just a slave to the mortgage company.These “good citizens” are victims of an engineered system to keep them investing in 401Ks, mutual funds, and stocks.This financial system is setup where the insiders are stealing the majority of your returns (and you take all the risk).The truth is the wealth who are investing in alternative assets and operating off a different financial framework and not using these traditional options from a financial planner, commission-based broker, or the retail 401k/mutual fund/stock route.Lane Kawaoka has been investing in real estate for over a decade and now controls 7,500+ units (1$ Billion plus in assets). Lane is responsible for finding, analyzing, and marketing real estate investment opportunities.It's likely not the journey you'd expect, and it's also more simple than you'd expect. Welcome to the Journey to Simple Passive Cashflow!Visit theWealthElevator.com/bonus to access your free masterclass — built for busy professionals and business owners. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance. Hosted on Acast. See acast.com/privacy for more information.

The Moneywise Radio Show and Podcast Thursday, June 12th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Manageme

From time-to-time, I try to explain the amount risk the average person has in the stock market through their 401K, IRA or other equity accounts. I often struggle to get them to grasp just how precarious and fragile our system is. Most people think of our economy as a huge pyramid with a tremendous base making it very solid, and the economy is like that. However, half of every transaction in the economy is money (or fiat currency) which distorts the economy and dramatically increases its fragility. It would be more accurate to imagine an upside down pyramid where massive debts and leverage are producing an ever increasing pressure on a very tiny base. Geoffrey Gundlach is an expert at exploiting this system for value and it says a lot that he is not seeing much value anywhere, in any asset class.Geoffrey Gundlach Interview on Economy, Debt, Private Equity, and the Structural Issues in our Economyhttps://www.youtube.com/watch?v=VlwK4fHRPMc

On this episode of The Table with Anthony ONeal, we're back answering your real-life money questions! Members of our E3 family are calling in with honest financial challenges, and we're delivering practical, real-time solutions. These conversations go far beyond the callers, each one is packed with insights and strategies you can apply to your own financial journey. Whether you're facing debt, budgeting struggles, or looking to build wealth, this show offers something for everyone. Don't just listen...get involved! Call in, get your questions answered, and let's grow together on the journey to financial freedom.▶️ Watch the full episode here: https://youtu.be/7fRf2NKm1xk☎️ Ask AO: (771)-224-8131(leave a 60 sec. voice message)Mentioned On Today's Show:**This video is kindly sponsored by Ethos!**

This week, we discuss recent chart updates for Ten Year Treasuries, Mega Cap US Stocks, Emerging Markets, Silver vs. Gold, and Crude Oil.

In this episode, Dr. Preston Cherry breaks down how Gen X professionals can use a smart tax strategy called Net Unrealized Appreciation (NUA) to turn company stock in their 401(k)s into tax-efficient income. He explains how the right moves can help you retire earlier and keep more of your money—and how one wrong step can cost you big.Takeaways:• Company stock matters• NUA lowers taxes• Don't rush to IRA• Act with a plan• Mistakes are costlyWant to learn more? Connect with us below!Stay informed and inspired! Join our FREE wealth & well-being newsletterDo you want confidence & clarity? Check out our award-winning wealth advice servicesGrab Your Copy of Dr. Cherry's book ‘Wealth In The Key of Life'Disclosure: episodes are educational only, not advice. Review our disclosures here: https://www.concurrentfp.com/disclosures/

The trade of the year so far. Bromance ends bitterly, savings are close to target, and loan limits could cause a shortage of doctors. Plus the rise of Buy Now/Pay Later and the 401(k) hierarchy trap.

In this episode of the Friends in Beauty Podcast, we sit down with Karen Mitchell, the powerhouse founder and CEO of True Indian Hair — a premium hair extensions and wigs brand trusted by Rihanna, Tyra Banks, Taraji P. Henson, and top stylists across the industry.Karen shares how losing her fashion job led her to cash out her 401K and start selling hair out of her car — eventually building a thriving 7-figure brand with two storefronts, a booming e-commerce business, and major editorial and runway placements. She also opens up about the mission behind True Strength, her nonprofit initiative that provides wigs and makeovers for women battling cancer.We talked about:How to start a beauty brand with limited resourcesTransitioning from side hustle to full-time CEOThe power of hair in confidence and self-identityWhat it takes to build a legacy beauty brandGiving back and staying grounded in purposeThis is a masterclass in resilience, brand-building, and leading with impact in the beauty industry. Tune in and share with a friend.Enjoy this episode!Leave us a 5 star review and share this episode with a friend or 2 or 3.info@friendsinbeauty.comGET A PEEK INSIDE OF BEAUTYPRO FUNNELS HEREhttps://www.getbeautyprofunnels.com/friendsLIGHTS, CAMERA, CONTENT WORKSHOP | JUNE 21, 2025https://www.eventbrite.com/e/lights-camera-content-the-post-worthy-content-workshop-for-beauty-pros-tickets-1338886618919?aff=oddtdtcreator

Want to keep more of what you earn and build long-term security for yourself and your team? Retirement planning may sound overwhelming — but with the right strategy, it can reduce your taxes, attract better employees, and set you up for the future. In this episode, I talk with Matt Ruttenberg, co-owner and Director of Business Development at Life, Inc. Retirement Services. Matt helps businesses, including bars and restaurants, figure out how to set up retirement plans that actually work for them. In today's episode:Why IRAs aren't always the best choice for bar ownersWhat makes a 401(k) more flexible — and how it can save you moneyThe tax credits that are available right now (they can be big!) How you can set rules around who qualifies — so you're not giving money to short-term staff What to expect when you set one up (it doesn't take as long as you think) Listen now and take the guesswork out of retirement planning for good. Learn more about Life, Inc. Retirement Services Life, Inc. Retirement Services WebsiteLearn More:Schedule a Strategy SessionBar Business Nation Facebook GroupThe Bar Business Podcast WebsiteChris' Book 'How to Make Top-Shelf Profits in the Bar Business'Thank you to our show sponsors, SpotOn and Starfish. SpotOn's modern, cloud-based POS system allows bars to increase team productivity and provides the reporting you need to make smart financial decisions. Starfish works with your bookkeeping software using AI to help you make data-driven decisions and maximize your profits while giving you benchmarking data to understand how you compare to the industry at large. **We are a SpotOn affiliate and earn commissions from the link above. A podcast for bar, pub, tavern, nightclub, and restaurant owners, managers, and hospitality professionals, covering essential topics like bar inventory, marketing strategies, restaurant financials, and hospitality profits to help increase bar profits and overall success in the hospitality industry.

In today's episode, I'm diving into a topic that's top-of-mind for anyone who's switched jobs: what should you do with your old 401(k) plan? I discuss five key reasons why moving them into an IRA could simplify your financial life, from consolidating accounts for better control to gaining access to a broader range of investment options, reducing fees, optimizing Roth and after-tax funds, and making it easier to work with a financial advisor.  Whether you're planning your next career step or just want to make your retirement savings work harder for you, this episode is packed with practical advice to guide your decision. Stick around until the end, and don't forget to tune in next week when I cover situations where rolling over your 401(k) might not be the best choice! You will want to hear this episode if you are interested in... [00:00] Vested retirement funds offer four options: keep them in the plan, or withdraw and pay taxes [04:46] Rolling over a 401(k) to an IRA offers more control and access to your retirement funds, preventing forgotten accounts as you change jobs [06:41] Consolidate investments for simplicity and control; update records if keeping old retirement accounts [12:05] Convert Roth contributions to a Roth IRA to start the five-year period and ensure future gains grow tax-free, especially for after-tax funds in a 401(k) without in-plan Roth conversions [13:13] Rollovers to an IRA can facilitate Roth conversions and allow financial advisors to manage retirement accounts. Consolidate Old 401ks for a Smoother Future When you change jobs, it's important not to leave your old retirement accounts behind. For many Americans, the primary vehicle for saving for retirement is their employer-sponsored 401(k) plan. But what should you do with that 401(k) once you've moved on? Rolling it into an Individual Retirement Account (IRA) may be the smart move, offering control, flexibility, potential cost savings, and tax advantages. Let's walk through five compelling reasons why a 401(k) rollover into an IRA might make sense for you. 1. Greater Control and Account Consolidation One of the biggest headaches of changing jobs multiple times is having various retirement accounts scattered across different institutions. Not only is it difficult to keep track of these accounts, but there's the risk that you might forget about them entirely. By rolling old 401(k)s into a single IRA, you consolidate your investments, making it easier to manage and monitor your retirement savings. With all your funds in one place, you'll have more control over your asset allocation and will be better positioned to implement a cohesive investment strategy. Additionally, consolidating accounts reduces the administrative burden of managing multiple logins and statements. 2. Expanded Investment Choices and Flexibility Most employer-sponsored 401(k) plans offer a fairly limited menu of investment options, typically ranging from a dozen to twenty funds. These may or may not align with your preferred asset allocation strategy, and some plans are more limited than others. By rolling over your 401(k) into an IRA at a major discount broker like Schwab, Fidelity, or Vanguard, you unlock a much broader universe of investment possibilities, mutual funds, exchange-traded funds (ETFs), stocks, bonds, CDs, and more. This flexibility lets you fine-tune your portfolio, properly diversify, and better tailor your investments to your risk profile and retirement timeline. 3. Potential for Lower Investment Costs 401(k) plans, particularly those from smaller employers, often feature higher administrative and fund expenses, sometimes reaching 1% or more in annual fees. These extra costs chip away at your investment returns over time. With an IRA, especially when investing in low-cost ETFs or mutual funds, you can often significantly reduce the expense ratios you pay. Over decades, even a modest reduction in annual fees can translate into thousands more in retirement savings due to the power of compounding. 4. Managing Roth and After-Tax Contributions Many 401(k) plans now offer a designated Roth component as well as avenues for after-tax contributions. When you roll over your account, this is a valuable opportunity to ensure your Roth and after-tax money are treated with optimal tax efficiency. For example, rolling Roth 401(k) funds into a Roth IRA starts the five-year clock for tax-free withdrawals on earnings, which is critical for planning your retirement withdrawals. Additionally, an IRA rollover can be structured to split after-tax contributions into a Roth IRA, giving those funds tax-free growth potential rather than the more limited advantages offered inside the 401(k). 5. Access to Professional Management If you want professional help managing your retirement investments and financial planning, rolling your assets into an IRA is almost always a prerequisite. Advisors generally cannot manage assets held within a former employer's 401(k) platform, but with funds consolidated in an IRA at a major custodian, they can actively manage your investments, make ongoing adjustments, and assist with tax planning and distributions as you transition into retirement. Assess Your Situation Before Moving While rolling over your old 401(k) to an IRA offers considerable advantages, it's not always the perfect solution for everyone. Each situation is unique, and certain protections or features (such as early withdrawal options or creditor protections) may be stronger inside a 401(k) for some individuals. Be sure to review your specific circumstances carefully, ideally, with a trusted financial advisor, before making any big moves. A well-considered rollover could make your road to retirement much smoother, giving you more control, lower costs, and better investment options along the way. Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Schwab Fidelity  Vanguard Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact   Subscribe to Retire With Ryan

Paul Nolte, Senior Wealth Advisor & Market Strategist for Murphy & Sylvest, joins Bob Sirott to talk about the status of the jobs report and the increase in hospitality numbers. He also explains how you should be saving money in your 401(k) and whether or not oil prices impact how we feel about the state […]

Jim and Chris answer questions on defined maturity bond ETFs, Social Security account linking and spousal offsets, 401k annuities vs IRA Annuities, and annuitization definitions.(14:30) Jacob joins the guys to explain how estimated net acquisition yield works for defined maturity bond ETFs, including how to interpret it and evaluate risk when holding through maturity.(38:30) A […] The post Bond ETFs, Social Security, 401k Annuities, and Annuitization: Q&A #2523 appeared first on The Retirement and IRA Show.

Nintendo's Switch 2 release caused chaos worldwide… because of Paul Rudd.Retirement accounts have surged, so we share our top savings rule… Forget your password.The new target of tech disruption? Traffic Lights… Stop signs haven't changed in 100 years.Plus, the Oklahoma City Thunder are in the NBA Finals.... Thanks to an investing strategy.$NTDOY $SCHW $BRK.BWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.TBOY Live Show Tickets to Chicago on sale NOW: https://www.axs.com/events/949346/the-best-one-yet-podcast-ticketsAbout Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, TBOY Lite is hosted by Jack Crivici-Kramer & Nick Martell.GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts NEWSLETTER:https://tboypod.com/newsletter SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Our 2nd show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, Tim and Jeff Kurkjian discuss recent updates in Major League Baseball, and reflect on the significance of retired numbers. But first, what in the world is Tim wearing? They also address safety concerns in the sport and highlight notable moments in baseball history. In this episode, Tim and Jeff Kurkjian celebrate the unique career of Bill Spiers, discuss the ranking of baseball legends, particularly focusing on Frank Robinson and Ken Griffey Jr. They also introduce a fun concept called the 'All Clothing Team' and engage with a listener's passion for one-run games, ultimately welcoming him into the Seamhead community.Thank you for listening and sharing the show with a friend or family member so they can become part of our family as well! Visit GreatGameOrWhat.com to contact the show with your questions, quips and insights. Joy Pop Productions LLC

In this episode of Life of And, Tiffany sits down with working mom Caitlin Bond to talk about one of her favorite time-saving life upgrades: outsourcing your laundry.Caitlin gets real about what it's actually like to hand over the laundry basket — from the mental hurdle of “can I really send my stuff to a stranger?” to the game-changing feeling of having your Sundays back. Spoiler: she's never going back.They break down why this isn't just about clean clothes — it's about creating space for the things that matter. You'll hear tips for finding a local or national service that works for your family, what to try first, and how to create a simple rhythm that makes it all feel easy.If laundry is running your life (or just living in your head rent-free), this episode will give you the push you need to try something different.What You'll Learn:How outsourcing laundry saves time and reduces stress for busy familiesWhy letting go of control can actually feel freeingTips for finding the right local or nationwide laundry service that fits your needsReal-Life Hacks:Use a flat-fee laundry bag — pack it fullTry services that fold or hang for youBuild a system to put it away in 10 minutes or lessThink of it like a “mental 401K” — you're investing in your energy, tooTimestamps:(00:00) Intro(01:06) Why outsourcing laundry changed Caitlin's life(05:00) Overcoming control and trust hurdles(07:25) The benefits of working with a local laundry valet(10:00) Creating rhythms for putting away laundry(14:00) Cost considerations and mental clarity gains(18:40) Balancing work, parenting, and chores(20:45) Recommendations for local and national laundry services(22:10) Final thoughts on investing in yourselfCheck out the apps and sponsor of this episode:Created in partnership with Share Your GeniusGive yourself the gift of time with your kids this summer by outsourcing your laundry! Local to North Indianapolis? Check out Laundry Valet. Use code LIFEOFAND for $10 off your order.  For a nationwide option, check out Poplin. Code TIFFANY15 will get you $15 off your first order. Download the Summer Sanity Toolbox: Start with priorities. Add structure. Make space for joy. Because summer is yours too.Other Episodes in the Summer Sanity Series:How to Support a Killer Summer for Your Teens: https://podcasts.apple.com/us/podcast/how-to-support-a-killer-summer-for-your-teens/id1555762235?i=1000709403154Summer Survival Systems for the Whole Family:https://podcasts.apple.com/us/podcast/summer-survival-systems-for-the-whole-family/id1555762235?i=1000708565509 5 Tools & Apps To Keep You Aligned This Summer: https://podcasts.apple.com/us/podcast/5-tools-apps-to-keep-you-aligned-this-summer/id1555762235?i=1000706783024 A Working Parent's Guide to Navigating Summer: https://podcasts.apple.com/gb/podcast/a-working-parents-guide-to-navigating-summer/id1555762235?i=1000705671662Less Chaos, More Protein: Tiffany's Summer Food Game Plan: https://podcasts.apple.com/gb/podcast/less-chaos-more-protein-tiffanys-summer-food-game-plan/id1555762235?i=1000710405520

On this episode, Charlie and Peter examine how the bill recently passed by the Housecould further impact the national deficit and why addressing spending patterns is crucialfor long-term fiscal health.

This week on the Retirement Quick Tips Podcast, I'm talking about savings optimization. How should you prioritize your savings in 2025, saving the right accounts in the right order to get to better financial stability and long-term flexibility.  Today, once you have enough cash on hand for emergencies, big expenses, and if you're close to retirement, that extra cushion for pausing portfolio withdrawals in a downturn, we can move on to longer term goals, like saving for retirement.

In this solo episode, Jim Oliver challenges the traditional notion that financial freedom is the ultimate destination. Instead, he reframes it as the beginning of a more meaningful journey—one rooted in ownership, impact, and legacy. Drawing on personal stories, lessons from Infinite Banking, and thought-provoking metaphors, Jim urges listeners to shift from escape to empowerment and build a life of purpose beyond financial independence. 3 Key Takeaways: 1. Financial Freedom Is Just the Start Most people chase financial independence like it's the goal. It's not. It's just the starting line. Once you're free, that's when the real game—impact, leverage, and legacy—begins. 2. Control the Money, Control the Outcome When you control the money, you control the outcome. Infinite Banking puts you in the driver's seat—no more waiting on approvals, no more lost opportunity cost. You become the bank. 3. Impact Is the Ultimate ROI True wealth isn't just about what you earn or save—it's about what you build that outlives you. After freedom comes impact. The mission shifts from accumulation to contribution. Book Recommendations: Jonathan Livingston Seagull by Richard Bach Illusions: The Adventures of a Reluctant Messiah by Richard Bach (particularly the opening parable about the creatures in the stream) Best Advice Jim Ever Received: “Let go.” Like the creature who released his grip on the rock to discover what the stream had in store, stepping into the unknown is the only way to discover what you're truly capable of.  

And someone else cashed it. https://www.lehtoslaw.com

The 401(k) is a great retirement instrument because saving is automatic and investments grow over time. So is it ever OK to ⁠borrow from a 401(k)⁠? Know the “opportunity costs”  involved. Also - good news if you like to ⁠check bags⁠ on flights.  401(k) Loans: Segment 1 Ask Clark: Segment 2 No More Lost Luggage!: Segment 3 Ask Clark: Segment 4 Mentioned on the show: ⁠Is a 401(k) Loan a Good Idea? Almost Never⁠ ⁠How To Open a Roth IRA⁠ ⁠Enrolled agent information | Internal Revenue Service⁠ ⁠National Association of Enrolled Agents⁠ ⁠Should I Buy an AirTag for My Checked Airport Luggage?⁠ ⁠What Is an eSIM? 5 Things To Know⁠ - ⁠GIGSKY - International eSIM Data Plans⁠ ⁠Using Cellular Data Internationally: Buying a Local SIM Card⁠ ⁠Deposit Insurance FAQs | FDIC.gov⁠ ⁠Can I Trust the FDIC's Recommendations on Getting Insured for More Than $250,000 at a Single Bank?⁠ ⁠Are Credit Union Deposits Insured Up To $250,000? Clark.com resources: Episode transcripts Community.Clark.com  /  Ask Clark Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices