Podcasts about IRAS

On this edition of Ask KT & Suze Anything, Suze answers your questions about spouses who won’t communicate about money, title theft, inherited IRAs and so much more! Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

In this Ask Me Anything episode, Ryan Michler and Kipp Sorensen tackle the number one issue facing men today: money. From scarcity mindset and debt to retirement planning, investing, and raising financially responsible kids, the conversation blends practical financial wisdom with deeper insights on discipline, self-belief, and values.  Ryan breaks down Dave Ramsey's baby steps, explains Roth vs. traditional IRAs, challenges popular budgeting rules, and shares how to instill abundance thinking in your family. A must-listen for men looking to build wealth without losing perspective. SHOW HIGHLIGHTS 00:00 Financial stress and the current economy 03:46 Physical baseline and discipline 08:59 Scarcity vs. abundance mindset 19:23 Dave Ramsey's seven baby steps 26:01 Roth IRA vs. traditional IRA 34:45 The 50-30-20 budgeting rule 37:29 Building wealth in an underpaid career 45:08 Teaching kids financial discipline 56:18 Iron Council and end-of-year call to action Battle Planners: Pick yours up today! Order Ryan's new book, The Masculinity Manifesto. For more information on the Iron Council brotherhood. Want maximum health, wealth, relationships, and abundance in your life? Sign up for our free course, 30 Days to Battle Ready

In this episode, Roger Whitney walks listeners through the complexities of inherited IRAs, highlighting the impact of the SECURE Act of 2019 and clarifying the distinctions between eligible and non-eligible designated beneficiaries. He explains how these classifications affect withdrawals and tax planning, making the rules easy to understand. Roger also answers listener questions on topics like retirement team selection and funding health insurance with HSA accounts. Beyond the numbers, he shares practical strategies for creating more meaningful holiday conversations, drawing on real-life examples to show how curiosity and intentionality can help you connect more deeply with the people you care about.OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN(00:00) This show is dedicated to helping you rock retirement.(00:30) In today's episode, Roger Whitney covers the rules around inherited IRAs, explores ways to foster deeper and more meaningful conversations during the holidays and beyond, and answers listener questions.RETIREMENT TOOLKIT(01:00) Today ​in ​the ​Retirement ​Toolkit ​we're ​going ​to ​talk ​about ​the ​rules ​around ​inherited ​IRAs.(02:40) Differences between eligible and non-eligible designated beneficiaries for inherited IRAs are explained.(14:32) Roger talks about ROTH IRAs and how they work.RETIREMENT LIFE LAB(16:04) Roger explains how approaching conversations with curiosity and intentionality, especially with older family members or those with different interests, can create more meaningful and enriching interactions.LISTENER QUESTIONS(25:37) Ira asks what to ask a financial advisor's team to understand their retirement planning services and team longevity.(37:02) Mary Jane asks if she can use Health Savings Account funds tax-free to pay for private health insurance premiums before Medicare eligibility.SMART SPRINT(38:42) In the next week, approach holiday or New Year's gatherings with curiosity by asking questions and engaging with people you don't see often to create more meaningful interactions.REFERENCESSubmit a Question for RogerSign up for The NoodleThe Retirement Answer Man

This week we bring Ryan Bakke back on the podcast AGAIN (I'm losing count but I think this was round 5?!). Ryan is a CPA who specializes in real estate tax strategy, and this week I BEGGED him to come back and talk to me about how to invest in real estate through retirement accounts. Plot twist–this was totally a selfish move on my part, as I've been youtubing my way down the rabbit hole looking for these answers for myself. I figured it was time to go straight to the source with Ryan. In this episode, you can expect me grilling Ryan about: Why invest in RE through a retirement account? Pros and cons of investing this way How to actually invest via retirement account (without incurring the 10% penalty!) Self-directed IRAs vs Solo401Ks  How much should someone invest through their retirement accounts (vs just investing through personal funds)? Should you establish an LLC or trust before investing in RE? This episode really only scratched the surface, so if you have more questions for Ryan, make sure to join his online community here. P.S. Has this episode inspired you to do more with your retirement accounts?! Invest with us! We're looking for 1-3 more partners on a luxury STR in Upstate NY. If interested, fill out this form and I'll send you more info right away. Thank you to our sponsor Lodgify – Take 20% off Lodgify's most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

Tait Duryea and Ryan Gibson sit down with Mat Sorensen of Directed IRA to tackle one of the most common investor questions: Who do you actually trust when investing in alternative assets? The conversation breaks down how to vet operators, assess risk, understand leverage, and use self-directed retirement accounts responsibly. Mat shares real-world insight from seeing thousands of deals flow through his firm, explains why advisors often avoid alternatives, and outlines practical rules for due diligence, alignment, and saying no to bad opportunities.Mat Sorensen is a nationally recognized authority on self-directed retirement investing and the CEO of Directed IRA. A tax and business attorney with over 20 years of experience, Mat has helped thousands of investors use IRAs and 401(k)s to invest in alternative assets like real estate, private equity, and startups. He is the author of The Self-Directed IRA Handbook and co-hosts educational events and podcasts focused on empowering investors to take control of their retirement capital.Show notes:(0:00) Intro(0:29) Understanding investment risk(4:54) What custodians do and don't do(6:01) Why advisors avoid alternatives(9:09) How wealthy investors allocate capital(13:55) What you pay a self-directed custodian for(18:16) The “bring your own deal” reality(25:05) Identifying an operator's real edge(33:07) Debt as the biggest risk factor(48:28) Learning when to say no(51:57) OutroConnect with Mat Sorensen:Website: https://directedira.com/ YouTube: https://www.youtube.com/@MatSorensen/videos Learn more about: Alternative Asset Investor Summit - https://altassetsummit.com/ Episodes Mentioned:1. #124 - $44 Trillion and the Future of Retirement Investing with Mat Sorensen2. #110 - The IRA Club Advantage: The Self-Directed IRA Strategy for Pilots with Ramez Fakhoury 3. #36 - Decoding the Untapped Potential and Complex World of Self-Directed IRAs with Derreck Long 4. #9 - Demystifying IRAs: Transfers Vs. Rollovers with Carrie Cook —If you're interested in participating, the latest institutional-quality self-storage portfolio is available for investment now at: https://turbinecap.investnext.com/portal/offerings/8449/houston-storage/ — You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com *Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

This episode features David McKnight sharing the top five reasons why a Roth 401(k) is far superior to a traditional 401(k). Something important to keep in mind: the decision you make today will determine how much of your retirement money your future self actually gets to keep. David touches upon the fact that choosing the wrong 401(k) could cost you hundreds of thousands of dollars in unnecessary taxes in retirement. Tax rate risk is the first big reason why you should consider investing in a Roth 401(k) over a traditional 401(k). David lists a series of key questions people who invest in a traditional 401(k) often fail to ask themselves. The second reason to consider a Roth 401(k) over a traditional 401(k) is Social Security taxation. Most people believe that Social Security is tax-free…but it's not. 50% of your Social Security, plus wages, pensions, and interest, as well as all withdrawals from traditional IRAs and traditional 401(k)s, are what the IRS counts as provisional income. The third reason for choosing a Roth 401(k) and not a traditional 401(k) has to do with something that most retirees never plan for: Income-Related Monthly Adjustment Amount (IRMAA). Remember: "When you control your taxable income, you control your Medicare costs." Required Minimum Distributions (or RMDs) are the fourth reason for opting for a Roth 401(k). The fifth reason for going for a Roth 401(k) instead of a traditional 401(k) has to do with your heirs. When they inherit a traditional 401(k), it becomes a tax bomb. So, why choose a Roth 401(k) over a traditional 401(k)? Because a Roth 401(k) helps you eliminate tax rate risk, avoid Social Security taxation traps, prevent Medicare premium explosions, stay in control of withdrawals, and leave tax-free income to your heirs.     Mentioned in this episode: David's new book, available now for pre-order: The Secret Order of Millionaires David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement by David McKnight DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com

Is your retirement money sitting stagnant? This episode reveals the powerful strategy of 401K to real estate investing to maximize your earnings. Investment expert Kris Krohn, who has moved millions from 401Ks and IRAs into real estate, shares the top three proven options you have for transferring those funds into high-return real estate assets. Learn how to unlock the potential of your qualified accounts and significantly boost your long-term wealth building with confidence.

One call changed everything for Carter.After losing his mom, the real shock wasn't just the loss.After the 2008 crash, nearly a million dollars, her entire retirement fund, vanished.Your retirement account wasn't built to make you rich.This is why traditional retirement advice fails investors, what's really happening inside IRAs and 401(k)s, and how Wall Street wins while you carry all the risk.A 2% fee doesn't sound like much.Until it quietly steals two-thirds of your retirement.If your 401(k) were actually doing its job, you wouldn't be nervous about retirement.That's why on Thursday, December 18th at 5 PM CST, my buddy Nate Harris from Unified Wealth will show you how real estate investors are using self-directed IRAs and Solo 401(k)s to fund their deals the right way, compliantly.It's completely free to join.ZOOM LINK: https://7figureflipping.zoom.us/j/84999284369If you've got money sitting in an old 401(k), IRA, TSP, or any other retirement account that's barely keeping pace with inflation, this training could completely change your retirement strategy.Catch you later!LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we'll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master's degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.

Today on Your Money, Your Wealth® podcast 560, Joe Anderson, CFP® and Big Al Clopine, CPA spitball business development company (BDC) funds for Edward in Illinois before diving into buckets of cash, T-bills, decumulation, and Roth conversion timing for Pebbles and Bam Bam. Plus, the fellas help 34 year old Keith in Connecticut figure out if he's actually on track, whether he's taking too much risk, or just worrying too much. They also spitball on the six-figure annuity gain that Gus in Philly's 95 year old dad has amassed. Finally, why yelling "never pay an advisor" on the internet doesn't necessarily magically turn MYGAs into the perfect investment for everyone. (While Joe and Big Al enjoy a little seasonal downtime and Andi recovers from surgery, enjoy this encore presentation of these questions from a January 2025 episode.) Free Financial Resources in This Episode: https://bit.ly/ymyw-560 (full show notes & episode transcript) 10 Steps to Improve Investing Success - free download Tax-Smart Charitable Giving Guide 6 Secrets to Bigger Tax Deductions from Your Non-Profit Donations - YMYW TV Financial Blueprint (self-guided) Financial Assessment (Meet with an experienced professional) REQUEST your Retirement Spitball Analysis DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter   Connect With Us: YouTube: Subscribe and join the conversation in the comments Podcast apps: subscribe or follow YMYW in your favorite Apple Podcasts: leave your honest reviews and ratings   Chapters: 00:00 - Intro: This week on the YMYW Podcast 01:03 - What's the Risk With Business Company Development (BDC) Funds? (Edward, IL) 03:58 - T-Bills, Decumulation, IRAs, and Investing Strategies (Pebbles & Bam Bam, Kentuckystone) 12:02 - I'm 34. Are My Investments Appropriate for My Time Horizon? (Keith, CT) 17:59 - MYGA Retirement Withdrawal Strategy for Dad (Gus in Philly) 23:00 - Just Buy Multi-Year Guaranteed Annuities (MYGAs) and Bonds (comment from Ken, YouTube) 28:04 - YouTube comments: State Taxes, Pro-Rated Sale of Primary Residence, Bonds vs. Pension, and PERMA 35:27 - YMYW Podcast Outro

Overview In this episode of the Breakfast Leadership Show, Michael Levitt welcomes Henry Yoshida, founder and CEO of Rocket Dollar, for a deep dive into how technology is reshaping investment accessibility. Together, they explore how average Americans can take control of their financial futures through self-directed IRAs and alternative asset investing. Empowering Diversified Investment Access Henry Yoshida opened the conversation by outlining the sharp decline in publicly traded companies—from roughly 16,000 to around 4,000 over the last century. He explained that a small group of leading firms in the S&P 500 now drive the majority of market returns. This imbalance inspired him to create Rocket Dollar, a platform designed to help investors diversify into non-correlated assets such as real estate. Interestingly, the company's name came from his six-year-old daughter, representing the idea that investors can “go further” with their money. Enhancing Investment Accessibility Through Technology Michael and Henry discussed the evolution of financial markets and the crucial role technology plays in improving access to alternative investments. While the stock market has historically trended upward, Henry emphasized that returns depend heavily on timing. He shared how Rocket Dollar uses technology to simplify complex investment processes, giving everyday investors access to opportunities once reserved for institutions. Real Estate Investment Opportunities Michael turned the discussion toward real estate, describing it as one of the most tangible and stable investment opportunities. He noted how modern platforms like Rocket Dollar make it easier to participate without the traditional headaches of property management. Henry agreed, highlighting that real estate investing can provide not only financial returns but also personal satisfaction and control. Self-Directed IRA Real Estate Investing Henry explained the advantages of self-directed IRAs in allowing investors to use retirement funds for local real estate ventures. Unlike the abstract nature of public markets, this approach connects investors directly with their communities and properties. He pointed out that the ability to personally inspect and enhance properties provides a deeper level of engagement and understanding. Investments and Community Belonging Michael and Henry explored how investments can build stronger local economies. They discussed Austin's growth as an example of how local investments can benefit both residents and investors. Michael emphasized that meaningful investments don't just generate profit—they foster a sense of belonging and collective progress. Local Investment Strategies for Retirement Henry described Rocket Dollar as a bridge between traditional retirement savings and local investment opportunities. By investing in local startups or real estate, individuals can strengthen their communities while diversifying their portfolios. Michael underscored the mutual benefit of this model, which supports small businesses and generates sustainable growth within neighborhoods. Private Investment Opportunities and Trends Wrapping up the conversation, Henry and Michael discussed the growing shift from public to private investments. Henry highlighted the potential for investors to tap into emerging opportunities in private companies such as OpenAI and SpaceX, leveraging their existing retirement funds through Rocket Dollar's platform. Michael encouraged listeners to explore diversification, think locally, and take advantage of new investment pathways that align personal wealth-building with community impact. Connect with Henry Yoshida: Visit RocketDollar.com to learn more about self-directed IRAs and alternative investments. Listen to more episodes and insights at: BreakfastLeadership.com/blog   Henry Yoshida, CFP® CEO & Co-Founder, Rocket Dollar | SVP, Retired.com Henry Yoshida is a financial innovator who's reshaping how Americans invest for their future. As the CEO and Co-Founder of Rocket Dollar, Henry empowers everyday investors to take control of their retirement savings through self-directed IRAs and Solo 401(k)s that unlock access to real estate, startups, and alternative assets traditionally reserved for the wealthy. Before launching Rocket Dollar, Henry founded Honest Dollar, a robo-advisor retirement platform backed by venture capital and later acquired by Goldman Sachs, and MY Group LLC, which was acquired by Captrust. His decade at Merrill Lynch built the foundation for his mission to democratize wealth-building through smarter, tax-advantaged investing. A Certified Financial Planner with an MBA from Cornell University and a degree from The University of Texas at Austin, Henry blends Wall Street expertise with a visionary approach to fintech innovation. His work has been featured across leading media platforms for its impact on the future of retirement investing. When he's not helping investors rethink what's possible with their money, Henry enjoys life in Austin with his two daughters. Signature Topics: – Tax-Advantaged Wealth Building – The Future of Retirement Investing – Real Assets in Retirement Portfolios – Democratizing Alternative Investments Learn more: rocketdollar.com/podcast | LinkedIn: Henry Yoshida  

In this 200th episode, I focus on the real pain points retirees face and the importance of planning ahead. Drawing from years of conversations with clients and listeners, today's discussion highlights how assumptions about retirement often don't match reality, especially when it comes to taxes, lifestyle choices, and healthcare. Taxes remain one of the biggest surprises, as many retirees discover they're not in a lower bracket after all. Withdrawals from 401ks, IRAs, and pensions are taxed as ordinary income, and Social Security can also be partially taxable. At the same time, couples must navigate differing views on lifestyle and legacy, whether to enjoy their savings fully or prioritize leaving an inheritance, making estate planning documents and open conversations essential. Healthcare and cash management round out the episode's themes. Medicare rules change frequently, and waiting until the last minute can lead to costly mistakes, while keeping too much money in low‑interest accounts or idle cash can erode value against inflation. The takeaway is clear: thoughtful, proactive planning across taxes, legacy, healthcare, and investments is the key to building a secure and successful retirement. You will want to hear this episode if you are interested in... (00:00) Intro. (04:34) Cost of Relocating in Retirement. (12:57) Retirement Saving Loan Strategies. (16:16) Taxes in Retirement. (24:04) Market Expectations and Strategies. (24:04) Cash management. (29:35) Healthcare Planning After Retirement. Planning Ahead for Taxes in Retirement Retirement planning often surprises people when it comes to taxes. Many assume they'll be in a lower bracket once they stop working, but withdrawals from 401ks, IRAs, and pensions are taxed as ordinary income, and Social Security can also be partially taxable. That's why it's so important to build a tax‑efficient withdrawal strategy ahead of time, rather than relying on assumptions that may not hold true. Lifestyle and Legacy: Defining Your Retirement Goals  Another key theme is lifestyle and legacy. When planning for your retirement it is important to recognize what your goals are. Your goals drive your decisions for how you want to set up your retirement. Will you be relocating? Will you be giving away your money? Some retirees want to enjoy their savings fully, while others prioritize leaving an inheritance, even if it means sacrificing their own comfort. Couples often have different views on this, which makes open conversations and proper estate planning documents essential. Without wills, trusts, or powers of attorney, families can face costly probate battles and emotional strain, so addressing legacy goals early helps prevent conflict later. From Cash Reserves to Medicare: Proactive Steps for Peace of Mind Emergencies and healthcare planning is another area where retirees need to be proactive. It may be unreasonable to have large amounts of money in cash or low interest yielding accounts. Having a liquid emergency fund is essential but you may benefit from having your money growing for you. Additionally, Medicare rules change frequently, and waiting until the last minute can lead to expensive mistakes. The podcast highlights how comparing options, even for something as simple as prescriptions, can save thousands of dollars. Preparing ahead for coverage, understanding what's included, and exploring alternatives ensure retirees aren't blindsided by unexpected expenses and can maintain peace of mind in this new stage of life. Resources & People Mentioned 3 Steps to Retirement Planning Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetireStrongFA.com/Podcast Website: https://RetireStrongFA.com/ Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube   Subscribe to Retirement Made Easy On Apple Podcasts, Spotify, Google Podcasts

In this episode, I sit down with Walker America, host of the Bitcoin podcast and one half of The Crypto Couple, to explore his journey into Bitcoin, content creation, and podcasting. We discuss the separation of money and state, the power of independent media, low time preference living, homeschooling, and what it truly means to build a Bitcoin family. This conversation dives deep into why Bitcoin is not just a financial tool, but a framework for reclaiming time, sovereignty, and generational legacy. ––– Support My Work ––– Paypal: https://www.paypal.biz/BitcoinMatrix Strike/Bitcoin: BitcoinMatrix@strike.me Cash App: https://cash.app/$BitcoinMatrix Venmo: https://venmo.com/u/bitcoinmatrix PO Box: The Bitcoin Matrix, P.O. Box 18056, Sarasota, FL 34231 ––– Offers & Discounts ––– CrowdHealth is not insurance. Opt out. Take your power back. This is how we win. Use code MATRIX to get started today for $99 for your first three months at https://joincrowdhealth.com. Sign up to the world's first regulated Bitcoin life insurance. Use code YTPFYD at checkout or the link: https://meanwhile.bm/start?referralCode=YTPFYD MicroSeed is redefining seed phrase security. Check out https://microseed.io/shop/ and use code MATRIX at checkout. Unchained is a bitcoin-native financial services company offering collaborative custody multisignature vaults, loans, and IRAs for bitcoin holders. Use code MATRIX10 for 10% off at checkout or click here: https://www.unchained.com/matrix Get up to $100 in Bitcoin on River at river.com/matrix The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order. Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/ ––– Get To Know Today's Guest ––– • Walker on X: https://x.com/WalkerAmerica • Walker on Nostr: http://primal.net/walker ––– Socials ––– • Check out our new website at https://TheBitcoinMatrix.Com • Follow Cedric Youngelman on X: https://x.com/cedyoungelman • Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix • Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing. Thank you for listening! The information in all The Bitcoin Matrix Podcast episodes and content is based on hypothetical assumptions and is intended for illustrative purposes only. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. This video is provided for entertainment purposes only. The information contained herein represents temporary, changing views and subjective impressions and opinions regarding the inherently uncertain and unpredictable issues discussed. The reader, user, and/or viewer must not assume that these contents are accurate, complete, timely, or up to date. Market conditions change rapidly and unpredictably. Nothing herein should be interpreted as any kind of offer, solicitation, commitment, promise, warranty, or guarantee whatsoever relating to any of the contents of these videos. DISCLAIMER: INFORMATION PROVIDED BY THE BITCOIN MATRIX PODCAST IS PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND FREEDOM FROM INFRINGEMENT. The viewer of this video assumes the entire risk of any acting on any information contained herein. No representation is made that any regulatory authority has passed on the merits, adequacy or accuracy of this information. The viewer assumes all liability.

Året börjar gå mot sitt slut och det gör även denna säsong av Art is Alive. Än tar vi inte riktigt farväl, för denna halvtimme gästas vi av artisten och låtskrivaren Ira Calima från Stockholm som berättar om sitt artisteri - från att vid 16 års ålder plocka upp gitarren till att idag giga med sina egna låtar. Vi pratar även om vikten av att träffa rätt med sina artistiska samarbeten och de tuffa berättelser Ira får höra som hon gör till musik. Detta är inte hela intervjun. Vill du lyssna på bonusfrågorna samt höra Iras senaste singel 'Dina Vingar', så finns det extra långa avsnittet på min gratis playtjänst ArtIsAlive+. Klicka här för att lyssna. (Av upphovsrättsliga skäl fungerar länken enbart i Sverige.) Spana in oss i sociala medier: Ira Calima: Instagram, Spotify Zeventine: Instagram, Facebook, Spotify, Snapchat, TikTok, Threads, YouTube Art is Alive är tillbaka i februari med nya avsnitt. Tills dess dyker några lyssnarfavoriter upp över jul var du än hittar poddar. Håll utkik.

Jim and Chris discuss listener emails starting with PSAs about IRMAA and Social Security spousal benefit applications, then questions on IRMAA, QLAC-related RMD rules, and a Roth conversion involving a fixed indexed annuity (FIA). (9:30) Georgette shares a PSA explaining that she successfully filed Form SSA-44 preemptively—before receiving an IRMAA determination letter. (21:15) A listener offers a PSA describing issues with an online Social Security spousal benefit application that was denied after being submitted separately from the working spouse's application. (29:45) The guys discuss how the Social Security Administration determines IRMAA when a tax return is delayed due to combat-zone service and whether a significant drop in income qualifies for Form SSA-44 relief. (38:45) Jim and Chris address whether overestimating income on Form SSA-44 results in a refund, how survivor benefits are affected if claimed early, and whether post-retirement employer coverage is treated as active employee benefits for Medicare Part B and IRMAA purposes. (50:45) George asks whether payments in excess of the RMD from a QLAC can be applied toward RMDs for other IRAs, or only toward the non-annuitized portion of the same IRA. (1:00:20) A listener asks how the pro rata rule applies to a Roth conversion when assets include a fixed indexed annuity (FIA) with a guaranteed lifetime withdrawal benefit. The post IRMAA, Social Security, QLACs, Roth Conversions: Q&A #2550 appeared first on The Retirement and IRA Show.

Is your 401(k) really a "benefit"… or did you just get dropped into the government's boiling pot without noticing?

Hans and Brian challenge the conventional wisdom around qualified retirement plans and expose the misaligned incentives baked into the 401(k) system.Most people defend their 401(k)s and IRAs with passion—but they're carrying water for institutions whose goals directly conflict with their own. This episode breaks down the four things financial institutions want from your money, reveals the history of how employers shifted pension risk onto employees, and asks the critical question: whose incentives are you serving?The conventional model says lock your money away for 40 years, fund your own retirement, bear all the market risk, and hope you have enough at 65. The qualified plan gives you a 13-year window of control—you can't touch it penalty-free until 59.5, and RMDs force withdrawals starting at 73. That means if you live to 76, you only controlled your money 25% of your life. Meanwhile, the average person retiring today has $537,000 saved but needs $1.5 million. The system is failing, yet people aggressively defend it.Chapters:00:00 - Opening segment 03:40 - Revisiting fundamentals 04:25 - What do financial institutions want from you? 05:25 - The four goals: get your money, hold it systematically, keep it long, give back little 06:40 - We just described a qualified plan 07:50 - The 13-year window: locked until 59.5, forced RMDs at 73 08:45 - Tax benefits: the one real advantage of a Roth 10:00 - Why we're assuming Roth for this discussion 11:30 - The gray area in Roth tax code and the $42 trillion sitting in qualified plans 12:35 - Only controlling your money 25% of your life 13:20 - Teaching kids to be good stewards vs. locking their money away 14:30 - RMD penalties: 25% minimum, up to 50% in some scenarios 16:00 - TSP RMD mechanics: you can't choose which funds to liquidate 17:00 - Taking the employer match and using whole life as a volatility buffer 18:20 - Spending down qualified plans first, not leaving them to heirs 18:50 - The pension system: employers provided capital and bore market risk 21:20 - The shift: now employees fund their own retirement and bear all risk 23:10 - Stockholm Syndrome: aggressively defending the institutions that benefit 24:00 - Median household income $84K, needs $1.5M, average savings $537K 27:40 - Why the average is skewed by millionaires (statistical reality check) 29:25 - Comparing contractual guarantees to projections and prospectuses 31:00 - Strip away the labels: whole life is just an asset, just like mutual funds 32:20 - We want you to understand WHY you believe what you believe 33:35 - The rate of return objection and Nelson's tailwind example 36:15 - Whose incentives align with yours? Insurance companies vs. 401(k) managers 38:05 - Underwriting proves alignment: they want you healthy and financially stable 39:30 - Our mission: cut banks out, create tax-free estates, control your capital 41:15 - Closing thoughtsVisit https://remnantfinance.com for more informationFOLLOW REMNANT FINANCEYoutube: @RemnantFinance (https://www.youtube.com/@RemnantFinance )Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588 )Twitter: @remnantfinance (https://x.com/remnantfinance )TikTok: @RemnantFinanceDon't forget to hit LIKE and SUBSCRIBEGot Questions? Reach out to us at info@remnantfinance.com or book a call at https://remnantfinance.com/calendar !

Jeff Kowal and Aaron Spitzner discuss tax items in the big beautiful bill act including senior deductions and social security. Then Aaron touches on Trump accounts and how you can utilize them for your child. Later Jeff shares mistakes people make when transferring their 401ks to IRAs. Then Aaron and Jeff wrap up the show with estate planning mistakes to avoid.

Learn how to prepare your money for 2026 and invest retirement savings you hope to leave to your family. How do Americans feel about their money heading into 2026? How should you invest retirement accounts you don't plan to spend so your family can benefit later? The Nerds discuss how to invest a seven‑figure nest egg in workplace retirement plans to help you understand how to balance risk, taxes and legacy goals. But first, senior news writer Anna Helhoski joins hosts Sean Pyles and Elizabeth Ayoola to discuss NerdWallet's 2026 consumer outlook survey, including how confident people feel about their financial security, which potential money setbacks are weighing on them, and what big financial moves and risks they're planning to take in the new year. Then, credit writer Amanda Barroso and investing writer Taryn Phaneuf join Elizabeth to discuss how a retired military listener and their soon‑to‑be-retired spouse might invest $1.2 million they've saved  in a TSP and 403b and  hope to leave to their children and grandchildren. They review  how TSPs and 403bs work and when it might make sense to roll them into IRAs, how to think about asset allocation when you have a long time horizon but may still face surprise retirement costs like long‑term care, and the rules around required minimum distributions and the 10‑year payout window for inherited retirement accounts. They also explore high‑level estate planning choices such as using trusts and keeping beneficiaries up to date, pros and cons of Roth conversions for heirs (including the Roth IRA five‑year rule), and how to balance leaving a legacy with using some money to create meaningful experiences with family during your lifetime. The Roth IRA 5-Year Rule: What to Know https://www.nerdwallet.com/retirement/learn/roth-ira-5-year-rule  Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header In their conversation, the Nerds discuss: 2026 financial outlook, economic outlook 2026, rising prices 2026, inflation 2026, emergency fund savings, how much emergency fund should I have, save 1000 emergency fund, pay off high interest debt, avalanche vs snowball debt payoff, debt consolidation options, nonprofit credit counseling, crypto investing risks, invest in AI stocks, start a business 2026, buying a home in 2026, financial anxiety, Gen Z finances, women and money stress, stock market crash preparation, and TSP investment strategy. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Faith shapes every part of life—not only what we believe, but how we spend, save, invest, and give. Every financial decision reveals something about what we value, trust, and treasure most. That's why conversations about money are never just about budgets or balances; they're deeply spiritual.Today, Afton Phillips, our Head of Content at FaithFi, joins the show to talk about how our faith reshapes the way we steward God's resources. This conversation grew out of our upcoming 21-day devotional, Our Ultimate Treasure, and the themes behind it.The Heart Behind the New DevotionalAfton has been shaping this project from its earliest concept to its final pages. She shared that when she first joined FaithFi, she longed for a place where people could revisit core biblical principles—not simply hear them once, but reflect on them deeply.“Money isn't just about math,” Afton said. “It's really about our hearts.”The devotional walks readers through foundational truths:God owns it all.Money issues are heart issues.Our financial lives are deeply connected to our spiritual formation.If that's true, then what we need isn't a formula—it's space with God. Scripture. Prayer. Reflection. This devotional is designed to help readers slow down long enough to allow God to reshape how they see and handle money.Redefining Success: What We Surrender, Not What We StoreOne of the early themes in Our Ultimate Treasure is the truth that God doesn't measure success by what we store up, but by what we surrender.We're all tempted to believe that just a little more—more savings, more security, more achievement—will finally bring peace. But no amount of accumulation ever delivers the rest our souls crave.True biblical success is about formation more than finances.Are we growing in Christlikeness?Are the fruits of the Spirit becoming more evident in our lives?Are we learning to let go of fear, control, and comfort so God can shape us?When surrender becomes the lens, money stops being a monument to ourselves and becomes a tool for becoming more like Jesus.Restoring Purpose in Our WorkAnother key section of the devotional explores a truth we often forget: work is not a curse—it's a calling.From the very beginning, God designed work as something good. Not something we merely do to earn or survive, but something through which we participate in His redemptive mission.Your desk, job site, classroom, or kitchen table isn't just a workplace—it's holy ground. Your work is one of the primary arenas where God shapes your character and blesses others through you.Why Margin Matters for Faithful StewardshipMargin is one of the most important threads running through the entire devotional.Afton put it simply:“Margin creates space for God to move.”When we max out:our moneyour timeour energyWe leave no room to listen, pause, or respond to God's leading.Margin isn't restrictive. It's freeing. It enables generosity, rest, trust, and wise decision-making. It's one of the clearest marks of faithful stewardship.The Power of Wise CounselMoney can feel personal—sometimes even private. But Scripture is clear: we're not meant to navigate finances alone.Every day, callers to our program remind us how many people long for guidance, encouragement, and clarity. That's why we devoted an entire day in the devotional to seeking wise counsel.Afton shared:“When we invite wise counsel into our lives, we begin to see things we might have missed.”That's also why Certified Kingdom Advisors (CKA) exist—to help believers apply biblical principles to their real-life financial situations. You can find one at FindaCKA.com.Generosity Rooted in Grace, Not GuiltIf there's a single thread that runs through the whole devotional, it's generosity.But not guilt-driven generosity. Grace-driven generosity.We give because God has first given to us—lavishly, sacrificially, joyfully. When we understand His grace, generosity becomes something we get to do, not something we feel pressured into.Every act of giving becomes an act of worship.A Devotional Designed for Reflection, Beauty, and FormationOne of the most unique aspects of Our Ultimate Treasure is its built-in rhythm of reflection.Each day includes:ScriptureA devotionalGuided reflection questionsA written prayerBeautiful, thoughtful imageryThe artwork itself invites contemplation. Everyday images—like a simple desk—are visually transformed to reflect biblical truth, reminding readers that God reshapes the way we see everything, even our work and money.This devotional was designed not just to be read, but to be experienced.Finishing with What Truly Lasts: Eternal RewardsThe final day draws us back to what matters most: our ultimate treasure is Christ Himself.Earthly wealth fades. Opportunities change. Seasons shift. But our life in Christ—His presence, His love, His Kingdom—endures forever. Afton summed it up beautifully:“What are we investing in that will matter in a thousand years? That's eternal treasure.”Experience Our Ultimate TreasureIf you'd like to journey through this 21-day devotional yourself, we would love to send it to you as part of the FaithFi Partner Program.With a monthly gift of $35 or a one-time gift of $400, you'll receive year-long benefits, including early access to studies, devotionals, and our Faithful Steward magazine.You can learn more at FaithFi.com/Partner.On Today's Program, Rob Answers Listener Questions:I have Roth and traditional IRAs, plus taxable investments with large capital gains. My advisor suggested direct indexing last year, so I opened a small-cap account. It's up slightly overall but includes about a 19% loss I could use to offset gains. I also give appreciated stock to charity, but I need some funds for living expenses. My question is: Is direct indexing a biblically sound strategy, or is it problematic in any way? And how do you tell the brokerage which companies you don't want to own? Do you specify which types of businesses to exclude?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)National Christian Foundation (NCF)Wisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

COSTLY MISTAKES THE PITFALLS OF IRA WITHDRAWALS FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS with Sandy Hornor | CEPS Managing Director, Wealth Management & Executive Manager, BWFA and Tyler Kluge | CFP®, ChFEB℠, CPWA®, CDFA®, CEPS,  Financial Planner, BWFA About This Episode Individual Retirement Accounts (IRAs) are powerful tools for building wealth, but costly mistakes with withdrawals can lead to penalties, taxes, and reduced savings. In this episode, BWFA's Sandy Hornor, Jr. and Tyler Kluge explain how to avoid common errors with IRA withdrawals and keep your retirement plan on track. Full Description IRAs are designed to help individuals save for retirement with tax advantages. But when it comes time to withdraw funds, the rules can be complex. Missteps—like withdrawing too early, missing required distributions, or failing to plan for taxes—can create significant financial consequences. In this episode of Healthy, Wealthy & Wise, BWFA's Sandy Hornor, Jr. and Tyler Kluge break down the most common mistakes people make with IRA withdrawals. They explain how taking money out before age 59½ can trigger early withdrawal penalties, and how overlooking required minimum distributions (RMDs) after age 73 can result in steep fines. The discussion also highlights how failing to coordinate withdrawals with other income sources can push retirees into higher tax brackets. Listeners will learn strategies to avoid these pitfalls. Sandy and Tyler emphasize the importance of understanding withdrawal timelines, planning ahead for taxes, and considering how withdrawals align with broader retirement goals. They also discuss how beneficiaries can make costly mistakes when inheriting IRAs if they don't follow the right distribution rules. The key takeaway: accumulating savings in an IRA is only part of the journey. Managing withdrawals wisely is just as important for preserving wealth in retirement. With the right guidance, retirees can maximize the value of their IRAs while minimizing taxes and penalties. At BWFA, we help clients navigate the complexities of retirement accounts, ensuring that every decision supports long-term financial security. This episode provides practical insights into how to avoid fumbling one of the most important aspects of retirement planning. For more resources, visit BWFA's Tax Planning Services.

HELP KEONNE AND BILL: https://billandkeonne.org/ I n this episode, I chat with Keonne Rodríguez, co-founder of Samurai Wallet—a Bitcoin wallet focused on privacy and self-sovereignty. Keonne now faces prison time for building open-source privacy tools, in a legal case that has stunned the Bitcoin and developer communities. This episode exposes the frightening reality of what happens when privacy-focused developers are targeted by state power. If you care about Bitcoin's future as freedom money, developer rights, and the fight against financial surveillance, this conversation is a must-listen. ––– Support My Work ––– Paypal: https://www.paypal.biz/BitcoinMatrix Strike/Bitcoin: BitcoinMatrix@strike.me Cash App: https://cash.app/$BitcoinMatrix enmo: https://venmo.com/u/bitcoinmatrix PO Box: The Bitcoin Matrix, P.O. Box 18056, Sarasota, FL 34231 ––– Offers & Discounts ––– Sign up to the world's first regulated Bitcoin life insurance. Tax-efficient wealth planning for long-term Bitcoin holders. Use code YTPFYD at checkout or the link: https://meanwhile.bm/start?referralCode=YTPFYD MicroSeed is redefining seed phrase security. Check out https://microseed.io/shop/ and use code MATRIX at checkout. Unchained is a bitcoin-native financial services company offering collaborative custody multisignature vaults, loans, and IRAs for bitcoin holders. Use code MATRIX10 for 10% off at checkout or click here: https://www.unchained.com/matrix Get up to $100 in Bitcoin on River at river.com/matrix The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order. Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/ ––– Get To Know Today's Guest ––– • Keonne on X: https://x.com/keonne • Samourai Wallet on X: https://x.com/samouraiwallet ––– Socials ––– • Check out our new website at https://TheBitcoinMatrix.Com • Follow Cedric Youngelman on X: https://x.com/cedyoungelman • Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix • Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing. Thank you for listening! The information in all The Bitcoin Matrix Podcast episodes and content is based on hypothetical assumptions and is intended for illustrative purposes only. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. This video is provided for entertainment purposes only. The information contained herein represents temporary, changing views and subjective impressions and opinions regarding the inherently uncertain and unpredictable issues discussed. The reader, user, and/or viewer must not assume that these contents are accurate, complete, timely, or up to date. Market conditions change rapidly and unpredictably. Nothing herein should be interpreted as any kind of offer, solicitation, commitment, promise, warranty, or guarantee whatsoever relating to any of the contents of these videos. DISCLAIMER: INFORMATION PROVIDED BY THE BITCOIN MATRIX PODCAST IS PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND FREEDOM FROM INFRINGEMENT. The viewer of this video assumes the entire risk of any acting on any information contained herein. No representation is made that any regulatory authority has passed on the merits, adequacy or accuracy of this information. The viewer assumes all liability.

In this week's episode of Retire in Texas, Darryl Lyons explores one of the most significant economic shifts happening in our state: the creation of the Texas Stock Exchange - and what this means for business owners, investors, and the long-term financial landscape of Texas. Darryl begins by sharing a personal story from a recent trip to New York with his daughter, reflecting on how Wall Street has changed over time and how electronic trading has transformed the markets. That reflection sets the stage for today's discussion: the movement of major financial infrastructure away from New York and into Texas. He breaks the episode into several key themes: •        Why "Y'all Street" is becoming a reality, including how the Texas Stock Exchange - backed by BlackRock and Citadel - represents a major shift in where capital markets operate. •        How ESG policies contributed to this moment, and why regulatory burdens pushed many companies to seek a more business-friendly environment. •        How Texas prepared for this growth, from specialized business courts to economic development incentives that attracted Fortune 100 companies like Oracle and Tesla. •        The culture factor, including why some Texas cities - especially San Antonio - may limit their own growth unintentionally due to strong family-centric values. •        How access to capital unlocks expansion, using PAX as an example of how a company with a strong mission might scale when the right financial pathways exist. •        What the Texas exchange could mean for your investments, including why more homegrown Texas companies going public could eventually strengthen 401(k)s and IRAs across the state. Darryl connects the dots between local business culture, economic development, and national capital markets to show how transformative this shift could be - not just for corporations, but for everyday Texans who invest for retirement. If you benefitted from today's episode, share it with a friend or family member! This episode provides general educational information only and is not intended to provide specific investment, tax, or legal advice.

Tim Stearns, owner and president of TJ Stearns Financial Planning & Benefits, joins Jon Hansen to discuss tax brackets, contributing more to your savings accounts, and more! For more information, call 800-640-2256.

Building a $2.5 million portfolio is hard. Spending it without running out? That's even harder. Welcome to the 700th episode of the BiggerPockets Money Podcast! To mark this milestone, hosts Mindy Jensen and Scott Trench are tackling one of the most critical—and most overlooked—aspects of financial independence: decumulation. Most people obsess over building wealth but stumble when it's time to actually spend it. The withdrawal strategy you choose can mean the difference between a comfortable 40-year retirement and running out of money at the worst possible time. In this episode, we cover: Sequential vs. blended vs. cyclical withdrawal strategies—which is right for you? How to create a tax-efficient drawdown plan that could save you hundreds of thousands The role of Roth accounts, traditional IRAs, and taxable brokerage accounts in your withdrawal strategy When to do Roth conversions and how to time them for maximum benefit Healthcare planning in early retirement and how it affects your withdrawal strategy Estate planning considerations and maximizing what you leave behind Real-world scenarios: what withdrawal strategies look like in practice The biggest mistakes retirees make in the decumulation phase Whether you're just starting your FI journey or you're ready to retire next year, this comprehensive guide will help you spend your money strategically, minimize taxes, and make your nest egg last. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, I chat with Parker Lewis, author of Gradually, Then Suddenly and Head of Business Development at Zaprite. We dig deep into the transition from fiat to a Bitcoin-based economy, why Bitcoin must become a medium of exchange to succeed, and how Zaprite is helping pave that path by enabling businesses to accept Bitcoin alongside fiat. If you're looking to understand Bitcoin on a deeper economic level, not just as an asset but as the future of money, this episode is for you. ––– Support My Work ––– Paypal: https://www.paypal.biz/BitcoinMatrix Strike/Bitcoin: BitcoinMatrix@strike.me Cash App: https://cash.app/$BitcoinMatrix Venmo: https://venmo.com/u/bitcoinmatrix PO Box: The Bitcoin Matrix, P.O. Box 18056, Sarasota, FL 34231 ––– Offers & Discounts ––– CrowdHealth is not insurance. Opt out. Take your power back. This is how we win Join CrowdHealth to get started today for $99 for your first three months using code MATRIX at joincrowdhealth.com. MicroSeed is redefining seed phrase security. Check out https://microseed.io/shop/ and use code MATRIX at checkout. Unchained is a bitcoin-native financial services company offering collaborative custody multisignature vaults, loans, and IRAs for bitcoin holders. Use code MATRIX10 for 10% off at checkout or click here: https://www.unchained.com/matrix Get up to $100 in Bitcoin on River at river.com/matrix The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order. Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/ ––– Get To Know Today's Guest ––– • Parker on X: https://x.com/parkeralewis Parker on Nostr: https://primal.net/p/nprofile1qqs8dzjwlrgdzltmgmmzg50l3jpr3hxv357hj03rjut5jsfm5ugtv9gn0vuws Check out Zaprite: https://app.zaprite.com/ ––– Socials ––– • Check out our website at https://TheBitcoinMatrix.Com • Follow Cedric Youngelman on X: https://x.com/cedyoungelman • Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix • Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs Thank you for listening! The information in all The Bitcoin Matrix Podcast episodes and content is based on hypothetical assumptions and is intended for illustrative purposes only. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. This video is provided for entertainment purposes only. The information contained herein represents temporary, changing views and subjective impressions and opinions regarding the inherently uncertain and unpredictable issues discussed. The reader, user, and/or viewer must not assume that these contents are accurate, complete, timely, or up to date. Market conditions change rapidly and unpredictably. Nothing herein should be interpreted as any kind of offer, solicitation, commitment, promise, warranty, or guarantee whatsoever relating to any of the contents of these videos. DISCLAIMER: INFORMATION PROVIDED BY THE BITCOIN MATRIX PODCAST IS PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND FREEDOM FROM INFRINGEMENT. The viewer of this video assumes the entire risk of any acting on any information contained herein. No representation is made that any regulatory authority has passed on the merits, adequacy or accuracy of this information. The viewer assumes all liability.

In this episode of The Alternative Investing Advantage,host Alex Perny sits down with Josh Moore, founder and CEO of the NFN8 Group, to break down how everyday investors can participate in the explosive world of Bitcoin mining—without needing to build rigs in their garage. Josh shares his journey from the early days of self-directed IRAs toscaling large-format mining operations, and explains why mining is one of the most compelling cash-flow plays in the digital asset space today.They also explore ASIC technology, data centers, electricityeconomics, sale-leaseback investor structures, and why Bitcoin mining has matured from a hobbyist experiment into an institutional-grade asset class. Whether you're crypto-curious or already own digital assets, this episode brings clarity to one of the most misunderstood (and lucrative) sectors of the crypto ecosystem.00:00 Introduction to Cryptocurrency and Mining02:23 Josh Moore's Journey into Cryptocurrency09:28 The Catalyst for Mining Investments12:52 Understanding Mining as a Financial Model18:46 The Evolution of Mining Hardware21:02 Demystifying the Mining Process23:16 Understanding Bitcoin Mining Basics24:53 The Economics of Bitcoin Mining28:08 Scaling Bitcoin Mining Operations29:50 Building and Managing Data Centers33:58 Investor Perspectives on Bitcoin Mining45:57 Final Thoughts and Future OutlookSubscribe to our YouTube channel and join our growing community for new videos every week.If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Podcast@AdvantaIRA.com⁠⁠⁠⁠⁠⁠⁠⁠.Learn more about our guest, Josh Moore: https://www.linkedin.com/in/josh-e-moore/Learn more about Advanta IRA: https://www.AdvantaIRA.com/ https://podcasters.spotify.com/pod/show/advanta-irahttps://www.linkedin.com/company/Advanta-IRA/https://twitter.com/AdvantaIRA https://www.facebook.com/AdvantaIRA/ https://www.instagram.com/AdvantaIRA/The Alternative Investing Advantage is brought to you by Advanta IRA.Advanta IRA does not offer investment, tax, or legal advice nor do we endorse any products, investments, or companies that offer such advice and/or investments. This includes any investments promoted or discussed during the podcast as neither Advanta IRA nor its employees, have reviewed or vetted any investments, persons, or companies that may discuss their services during this podcast.  All parties are strongly encouraged to perform their own due diligence and consult with the appropriate professional(s) before entering into any type of investment.#BitcoinMining #CryptoInvesting #DigitalAssets#PassiveIncome #ASICMining #Blockchain #AlternativeInvesting #JoshMoore#AdvantaIRA #MiningROI

Today we are talking with a psych resident who has maxed out his personal and spousal IRAs for two years in a row. He found a lucrative moonlighting gig that has helped increase his income. His secret to success is getting educated early so you can get off on the right foot. He shows that you can start building your wealth long before you have reached your max income. After the interview we talking about boosting your income for Finance 101. As a white coat, you have valuable knowledge. Various companies want that knowledge. And they're willing to pay you for it! That's why we've put together a list of recommendations for companies that pay you to take surveys. If you're looking for a profitable side gig for not too much effort, getting paid for surveys could be the perfect solution for you. You can make extra money, start a solo 401(k), and use your medical knowledge to impact new products. One of the WCI columnists makes an extra $30,000 a year just doing these surveys. Sign up today and use a fraction of your downtime to make extra cash! Go to whitecoatinvestor.com/MDSurveys The White Coat Investor has been helping doctors, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Have you achieved a Milestone? You can be on the Milestones to Millionaire Podcast too! Apply here: https://whitecoatinvestor.com/milestones  Find 1000's of written articles on the blog: https://www.whitecoatinvestor.com  Our YouTube channel if you prefer watching videos to learn: https://www.whitecoatinvestor.com/youtube  Student Loan Advice for all your student loan needs: https://studentloanadvice.com  Join the community on Facebook: https://www.facebook.com/thewhitecoatinvestor  Join the community on Twitter: https://twitter.com/WCInvestor  Join the community on Instagram: https://www.instagram.com/thewhitecoatinvestor  Join the community on Reddit: https://www.reddit.com/r/whitecoatinvestor  Learn faster with our Online Courses: https://whitecoatinvestor.teachable.com  Sign up for our Newsletter here: https://www.whitecoatinvestor.com/free-monthly-newsletter  00:00 MtoM Podcast #252 03:05 Psych Resident Maxes Out Spousal and Personal IRAs 15:30 Advice For Others 18:20 Boosting Your Income as a Doctor

We're in December so you know what that means... Actionable planning as the year closes — from Required Minimum Distributions to Roth conversions, backdoor Roth execution, QCD mistakes, and avoiding IRS withholding penalties. Jeremiah and Nic unpack overlooked tax traps, including misreported charitable transfers, improper Roth documentation, Form 8606 errors, and how retirees get hit with avoidable interest and penalties. Also something new to look forward to: Trump Accounts. The guys break down how these federally seeded children's investment accounts work, eligibility timelines, contribution rules, investment limitations, tax treatment, distribution penalties, automatic setup, and whether politics should influence planning. They compare these to 529 plans, UTMAs, custodial IRAs, trusts, and simple brokerage accounts while showing when each shines — and when giving an 18-year-old control can be dangerous. Plus, we get practical strategies for gifting, legacy planning, educating children about money, and using investment accounts as tools for skill-building rather than entitlement. Everything from tax efficiency, Social Security concerns, behavioral finance, and new policy mechanics.   Listen, Watch, Subscribe, Ask! https://www.therealmoneypros.com Hosts: Jeremiah Bates & Nic Daniels ————————————————————— Ataraxis PEO https://ataraxispeo.com Tree City Advisors of Apollon: https://www.treecityadvisors.com Apollon Wealth Management: https://apollonwealthmanagement.com/ —————————————————————

Welcome to the one hundred sixty third episode of the #ExpatChat podcast. We explore the latest tax, investment, and financial issues affecting #AustralianExpats. In this episode, Atlas Wealth Group Financial Planners, Adam Prentice and Martin Jack take the reins as they dive into International Retirement Accounts and what expats need to know. Adam and Martin cover a wide range of topics, including 401(k)s, IRAs, ROTH accounts, and UK pensions, as well as other retirement options across EMEA regions. They discuss strategies for balancing investments inside and outside of superannuation, and explore the timing of super contributions versus outside super investments, helping expats make informed decisions for their retirement planning. Links discussed in this episode: • Upcoming Seminars & Webinars – atlaswealth.com/events • Facebook Group – Join the Australian Expat Financial Forum: facebook.com/groups/AustralianExpatFinancialForum • Ask Atlas – Submit your questions for the podcast: atlaswealth.com/news-media/austra…ian-expat-podcast • Expat Mortgage Podcast – atlaswealth.com/news-media/austra…-mortgage-podcast • Weekly Recap Podcast – atlaswealth.com/news-media/atlas-…kly-recap-podcast If you enjoy the content, let us know by giving the episode a thumbs up and subscribing. Feel free to share your feedback or questions in the comments below. About Atlas Wealth Group: Atlas Wealth Group was established to meet the growing demand from Australian expats for professional financial guidance. We specialise in providing tax, financial planning, wealth management, and mortgage services to Australian expats around the world. Whether you're based in Asia, the Middle East, Europe, or the Americas, our team has the expertise to help you manage your global financial journey. To learn more, visit www.atlaswealth.com Connect with us: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthgroup Youtube: www.youtube.com/atlaswealthmgmt

On this week's Money Matters, Scott and Pat help a caller streamline her financial life by consolidating accounts — discussing key differences between IRAs and 401(k)s, asset protection considerations, and how annuities can fit into a broader financial planning strategy for long-term freedom. Next, they talk with a caller navigating what to do with a $1 million 401(k) after a career transition. Scott and Pat break down the pros and cons of rolling funds into an IRA versus keeping them in an employer plan, with an eye on long-term tax flexibility, investment control, and strategic financial planning. Finally, Allworth's Head of Wealth Strategies, Victoria Bogner, joins the show to share powerful financial planning insights — including strategies for handling stock options, Roth conversions, tax-loss harvesting, donor-advised funds, and how business owners can better position themselves for lasting financial flexibility. Join Money Matters:  Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.  

This Friday Q&A episode tackles a wide range of listener questions: whether someone with full pension income still needs bonds, how to fix a cluttered 403(b) invested through Corebridge, what to make of Bill Bengen's new comments about higher withdrawal rates, how inherited IRAs are taxed over the 10-year rule, and a quick explanation of the difference between “securities” and “equities.” Along the way, Don delivers a vintage KOA radio tag, explains why simplicity beats complexity in retirement plans, and walks through why 8% withdrawal fantasies collapse under real-world math. 0:04 Friday Q&A intro and listener call-ins 1:19 Do you need bonds when pensions cover all expenses? 3:01 Why fixed income still matters (and how to gauge risk tolerance) 4:33 Listener request: Don recreates a KOA radio tagline 7:29 A messy CoreBridge 403(b): what funds to keep and how simple it can be 11:37 Target-date vs. multi-fund portfolios and a small value tilt option 12:05 Bill Bengen's new withdrawal rate comments — does 8% make any sense? 14:07 Why high withdrawal rates implode in historical simulations 16:02 Inherited IRA: what's actually taxed and how to plan distributions 18:35 The bracket danger of big lump-sum withdrawals 19:31 Final question: difference between a security and an equity 21:15 Why music licensing on podcasts is a nightmare Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the AZREIA Show! In today's episode, hosts Marcus Maloney and Mike Del Prete sit down with Dr. Harold Wong a CPA and PhD in Economics known for his bold, unconventional approach to tax strategy. Dr. Wong breaks down creative and often controversial tax-saving methods for real estate investors, including equipment leasing, Roth conversions, and solar investment structures. He also exposes the hidden limitations of traditional IRAs and the costly mistakes many real estate professionals don't even know they're making. If you're looking to maximize tax savings, rethink your current strategies, and learn from one of the sharpest minds in the industry, you won't want to miss this episode. It's packed with expert insights, practical tips, and eye-opening revelations. 00:37 Introducing Dr. Harold Wong 01:36 Dr. Wong's Background and Martial Arts Journey 05:11 Economic Studies and Unique Career Path 13:30 Tax Strategies and Real Estate Insights 23:15 Understanding Capital Gains and Tax Implications 24:05 Challenging Conventional Financial Wisdom 24:26 The Pitfalls of Traditional Retirement Accounts 28:48 Tax Strategies for Real Estate Investors 30:52 Maximizing Roth IRA Benefits 33:12 The Importance of Specialized Tax Planning 38:31 Contact Information and Final Thoughts

Nothing will mess with your financial confidence faster than comparing your savings to your brother, your coworkers, or that guy on YouTube who claims he retired at 38. Your retirement number isn't a competition. Let's talk about what really matters when you're trying to figure out if you're behind on your savings goals…and what to do if you actually are.   Important Links: Website: http://www.yourplanningpros.com Call: 844-707-7381   ----more---- Transcript:  Speaker 1: Nothing will mess with your financial confidence faster than comparing yourselves to your brother, your coworkers, or that guy on YouTube that claims he retired at 38. Your retirement number isn't a competition, so let's talk about what really matters this week on the podcast.   Hey everybody, welcome into Plan With The Tax Man, with Tony Mauro and myself to talk investing, finance, and retirement. And am I behind in my retirement savings and what to do if you are, that's the topic of conversation this week. Tony, my friend, what's going on, buddy? How are you?   Tony Mauro: I'm doing well. And just back from the Thanksgiving break, trying to get reignited for this last month of the year.   Speaker 1: Yeah, it's upon us and always fast and furious, always something going on, right?   Tony Mauro: Yeah.   Speaker 1: So we got to dive in and tackle the work, get it done, especially right after holiday break. It seems like everybody's always like, "Oh my God, I'm so overloaded."   Tony Mauro: That's right. Everybody's got a ton of stuff to do.   Speaker 1: Yeah, got to catch up from the half the week you're off or whatever. So listen, we got an email question in. And so it kind of sparked the conversation here, Tony. So we'll throw this up here. I'll state it for the listeners and then let's just kind of break it down a little bit. So the person says, "Look, I thought I did a good job saving over the years, but it seems as though I'm behind. My brother's got nearly two million saved and it seems that a lot of my colleagues or coworkers are in that similar kind of stratosphere. The husband and I barely have over a million bucks and now we're in our early 60s and wondering what do we got to do to get caught up?"   So it's kind of like, well, is a million not enough? With all these conversations period, so whatever the number, forget the number for a second, what to do if you're feeling behind, period. So where do we start with this? How do we identify the real issue, Tony?   Tony Mauro: Well, I think the real issue, and this is a good topic for this time of year, because I think everybody, at least the clients that we serve and prospective clients are all looking at their financial situation. Another year's gone by, another year older and people start to ask these questions. And so I think some of the real issues here probably in this writer's email is basically they're trying to, just like you said, they're trying to compare themselves in a number to other people. And you don't want to do that. You want to get with your advisor and really talk about where you're at with your plan because just because... Well, I guess I can back it up and say, somebody's always going to have more than you, whether it's money, whether it's this, that, things, you've got to really hone in on the real issue of, in your situation, are you going to be ready?   And you got to... I mean, the number is important, yes, but it's not the primary factor, I don't think. A lot of times, because, for example, client A might be very happy and very well off with a million dollars, client B, not so much, which I think we're going to talk about a little bit more in depth here. So really the only benchmark is what you're doing with your plan and what it requires and try to figure out then from there, is what you have enough?   Speaker 1: Great point. So you've got to really kind of break each of those pieces down and look at all of them and get the numbers. I mean, ultimately, you've got to have this conversation based on numbers and not how you feel about it, and we'll talk about that in just a second. But if you're reframing the conversation, so what is enough, Tony? What's enough for you? Everybody's different.   Tony Mauro: Everybody's different, so you really have to, again, get with your advisor. I think I've said it before, it's where an advisor lends a lot of value is to take you through these exercises for answering what's enough for you. It really is dependent a lot on type of lifestyle that you want to lead, what your monthly expenses are going to be in retirement, do you have any outstanding debts and other commitments, things like that. You also got to think about too, how long you're going to live. Obviously nobody knows that for sure, but you can kind of make some estimated guesses based on your family heritage and whatnot, who's still maybe alive. And then I think lastly, when it's all over, what kind of legacy do you want to leave? When it's your turn, I think all of these things have to come into play to answer what's enough for you. Because again, what might be enough for one person is definitely not enough for another and not enough for another. So this is where you got to have some good conversations.   Speaker 1: Well, again, so are you behind or are you assuming you are? So to this person's question, they didn't really state, "We're probably behind," is one of the words that was used. We're barely over the million dollar mark and probably behind. So have you truly run your projections out? And this goes for anybody listening, how do you know if you're behind if you don't truly know where you stand, period?   Tony Mauro: I agree. And I think that a lot of people fixate on that big number of the nest egg. But what the writer didn't tell us is, they assume they're behind, but a lot of times we find out when clients tell us this is that, "Well, let's say you may only have a million dollars saved," but, "Oh, by the way, you've got this pension that you can't outlive over here," and they don't factor that in, but that's a monthly income that you can't outlive, so that's very much a factor in, do you have enough to retire? So I like to focus on not the number at the end, but what's your monthly expenses? How much do you want to have to not only pay that, but still be able to go out and have fun? That's the number we're looking at. Now then we have to back into, okay, do we have enough over here with all sources of income coming in, including Social Security and pensions and our investments to figure that out?   Speaker 1: Yeah. Yeah, so I mean, find those targets, get those numbers specifically and then talk about lifestyle, fixed expenses, those financial commitments, the longevity, all those pieces that we talk about often and then you've got a much better piece of black and white right in front of you, so you kind of know what's going on.   But let's just assume, Tony, for the sake of the argument that you are behind. Well, now, so what's some catch up strategies? What's some things to be thinking about when it comes to how to tackle these and how to maybe shorten that gap? So obviously we should start with you're over 50, most likely, because we're talking about retirement, this listener was in their 60s, so take advantage of the opportunities there, max out.   Tony Mauro: Yeah, you want to max out things like if you've got a 401k at work, if you don't have that, or even if you do, IRAs, got your HSAs in there, you certainly could, and this all comes down to planning, of course, you don't want to just, throwing these out there, you've got to get with your advisor and check some of this stuff out. But you may want to say, "Well, okay, based on the amount I can safely set aside every month with what I have," maybe you need to delay retirement a little bit. Maybe we just need to move it back a bit to even things out. Maybe it's a fact of we do all of the above and we start cutting back just a little bit, we reduce some things to maybe save more. I mean, without feeling like your retirement savings poor. Maybe we need to reassess our risk. Maybe we need to maybe invest a little more aggressively than you have been depending on how things are looking if you're behind.   Speaker 1: That's a good point. Now as the advisor, okay, if you have to say that-   Tony Mauro: [inaudible 00:07:35] to say.   Speaker 1: Yeah. Well, so if you're the advisor and you say, "Okay, look, you are behind. You want to make up this ground, whatever. One of these places is that you have been very conservative with your portfolio." You don't just move to the higher risk if you're behind because you need to take into account not only as the end user, the client, but also as the advisor, how are they going to feel about this, can they stomach taking that extra risk?   Tony Mauro: Yeah, can they stomach it and how much will that risk tend to be? How much longer do we really have, because that plays into it as well. But it's weird for an advisor to say, "Well, you might need to take on a little more risk." Most of the time we're saying, "Nah, maybe take a little less," especially towards retirement. But it's an option that you might want to consider if you're getting close and you're behind.   And then the last one is, and I think a lot of people don't give this enough merit is maybe you just take on some part-time work, some mindless type work in your retirement to help fund things with not too much stress, maybe not full-time. And maybe you can pick up 20, $30,000 a year extra just doing that and you might have to find something you really like to do.   Speaker 1: Yeah, I think ultimately, if you got to do some catch up things, there's these pieces. Obviously we got the catch-up contributions, Tony. Now if you are 60 to 63, you've got this new little funky window that they've added.   Tony Mauro: A little bit more you could put in.   Speaker 1: A little bit more, so you could pile it away a little bit and really just kind of close that gap should it actually be there. But if you don't identify the lifestyle and the projections, and granted, I know things change, but if you don't do that, you're really just kind of taking a random shot in the dark at stuff. It's like the people who say, "Hey, we are currently living off $5,000 a month and we know we're close to retirement and we just want to pull the trigger and get into retirement, so if we go ahead and live off of 3,500, we could make our numbers last for our projected lifetime." Well, did you try living off the 3,500 first of all to see if that actually works? And I feel like that's the same kind of thing sometimes when people go, "Well, the million's not enough. I got to push to two million." It's the opposite conversation. What if the million does get it done and you just don't know because you just didn't run the numbers.   Tony Mauro: You didn't run the numbers. Yeah, and we like to do that exercise with pre-retirees before they even retire and get our plan mapped out and say, "Let's try this kind of fake, if you will." I mean, we make them go through it, but they just kind of report back that, "Hey, we were able to do this on this and we don't think this is going to be a problem." Or sometimes they say, "Oh boy, I want a lot more than this. I can't do it." And then you got to adjust. But again, that's, I believe where advisors lend their most value, especially pre-retiree and during retirement is making sure that, and I would advise all the listeners to, if you have an advisor, especially in retirement, make sure you're talking to them about this kind of stuff. You don't want to go in and just talk about numbers all the time. You want to talk about, is retirement working for you and what do you see as your problems? And maybe they can help you make some adjustments there.   Speaker 1: Yeah, very true. And don't forget too, there's a whole nother piece of this conversation, like if you... Okay, so this person says her brother's got two million. Well, do you or your husband have a pension, and they don't, right? That's another piece of the animal. What if both couples have good Social Security and good pensions? You might not even need a half a million dollars, right? I mean-   Tony Mauro: Might need a half. How about another one is, maybe you know that you are going to be inheriting quite a bit of money, you just don't have it yet, but you know it's coming. That could be in play too.   Speaker 1: Yeah, there you go.   Tony Mauro: All that kind of stuff.   Speaker 1: Although don't count on that though, right?   Tony Mauro: No, don't count on it. But like you say, it's important to get that out on the table that you think that's going to happen.   Speaker 1: Yeah, exactly. So at the end of the day, do you need the two million? Do you need the one million? Look, Tony, I've been talking about this all week, people have known and said for years, Warren Buffett's famously said things like, retirement planning and all that kind of stuff, it's not sexy work, it should be boring. I mean, in a way it should be boring because if you're too emotionally involved and charged up, you make those rash decisions. It's very much like you just get swayed very easily because we get so worked up about our money. But if it's going well, it's probably boring. But news media of any kind, financial of any kind, can't sell boring.   Tony Mauro: Nope, can't sell boring, that's why they've got to put some stuff in [inaudible 00:12:11].   Speaker 1: So it's got to be, "It's a million now. Now it's two million. Oh no, the market's plummeted," when it went down like a half a percent. Things like that. So get the numbers, get the concrete data, and then just make sure that you're making decisions from a place of information, not just emotion. Then you can bring the emotion into it, absolutely. But start with the data. So good stuff, man. Well, thanks for breaking that down this week as we talk about it. Always good stuff. Any final thoughts?   Tony Mauro: Well, I would just say, I mean, my final thought really is keep on it, keep at it. We get a lot of questions from people in their 50s, and the one thing I don't like to hear people say is, "Well, I'm 50-something, it's too late." I don't think it's ever too late. I think if you sit down and iron out a good plan, it might not be your dream plan that you had maybe when you were young, but I think you can craft a good plan. And I think you should stop, it's hard, stop comparing yourself to others, start getting your plan together and I think you can live a, most people, a very good retirement in America these days.   Speaker 1: Very true. All right, well, thank you so much for your time. And if you've got some questions, you need some help, as always, reach out to Tony and his team at Tax Doctor Inc. Find them online at yourplanningpros.com. That's your planningpros.com or call 844-707-7381. We'll have links in the descriptions below. Tony's been doing this for 30 plus years, he's a CPA, CFP and an EA, so a great resource for you to tap into again at yourplanningpros.com. And subscribe to the podcast on whatever app you enjoy using. We'll see you next time here on Plan With The Tax Man.   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.

Chris's SummaryJim and I review the QLAC 1098-Q and walk through how this form reports premiums, fair market value, and contract status. We compare it to Form 5498, outline how the fair market value and excess annuity payments can be used under Secure Act 2 Section 205 with other IRAs, explore the age-85 and surviving-spouse reporting rules, and touch on listener PSAs about using QLACs as part of a broader self-funded long-term care approach. Jim's “Pithy” SummaryChris and I use the QLAC 1098-Q as a way to show how the IRS keeps tabs on your QLAC and why that little form matters more than people think. I talk about it as the “kissing cousin” of Form 5498, walk through how box 3 tracks cumulative premiums against the current $210,000 lifetime limit, and explain how the fair market value and projected income give the IRS what it needs while also giving you the data to run the Section 205 strategy after Secure Act 2. Then I get into the strange rule that says the company only has to send 1098-Qs until age 85 or death for the original owner, contrast that with the different rule for a surviving spouse, and spell out why it could be a real problem if the insurer stops providing a usable fair market value once income has been turned on. We kick around how that interacts with the prohibition on DIY fair market value calculations, the inability to get a QLAC quote after age 85, and why advisors and clients are going to care which companies keep sending this information even when they technically don't have to. On top of that, I read listener emails about using QLACs alongside self-funding long-term care and push back on the idea that you only insure things you are “sure” you'll need. The post The QLAC 1098-Q: EDU #2549 appeared first on The Retirement and IRA Show.

At Summit, we believe salon professionals should be able to retire on their own terms. In this last episode in our Financials 101 series with CPA Chris Wittich from Boyum Associates, Chris explains why you should be saving for retirement now, even if you're working your very first job. Chris and Blake discuss retirment investment accounts for individuals like IRAs, Roth IRAs, and 401Ks. Also, did you know you can create an online account with the Social Security Administration and see how much you've been contributing in your working life so far? (We didn't!)From the salon owner perspective, we have advice on providing retirement plans for employees, and how to encourage your staff members to contribute. Find Chris Wittich and his team of salon accounting pros at salon.cpa.  Follow Summit Salon Business Center on Instagram @SummitSalon, and on TikTok at SummitSalon. SUMM IT UP is now on YouTube! Watch extended cuts of our interviews at www.youtube.com/@summitunlockedFind host Blake Reed Evans on Instagram @BlakeReedEvans and on TikTok at blakereedevans. His DM's are always open! You can email Blake at bevans@summitsalon.com. Visit us at SummitSalon.com to connect with others in the industry.

Unlock the secret to giving back while saving on taxes! In this episode, certified financial planner Ryan Oliver reveals how qualified charitable distributions (QCDs) let retirees donate directly from their IRAs, reduce taxable income, and maximize their impact. Discover eligibility rules, annual limits, and practical tips to ensure your charitable gifts count—without triggering tax headaches. Whether you’re planning your first QCD or optimizing your retirement strategy, this episode breaks down the essentials in a clear, actionable way. Schedule your complimentary appointment today: TheRetirementKey.com Get a free copy of Abe’s book: The Retirement Mountain: The 7 Steps To A Long-Lasting Retirement Follow us on social media: YouTube | Instagram | Facebook | LinkedInSee omnystudio.com/listener for privacy information.

For more details on prohibited transactions download the Self-Directed IRA Handbook (look for chapters 4, 5, 6, and 7): https://directedira.com/the-self-directed-ira-handbook/In this episode of the Directed IRA Podcast, Mat Sorensen and Mark J Kohler break down the single most important rule in the world of self-directed IRAs, the prohibited transaction rule. Before your IRA buys real estate, a private company, crypto, or any other alternative asset, you need to understand who your IRA can transact with and how to avoid accidental mistakes that can blow up your entire account.Mat and Mark explain the three core varieties of prohibited transactions in a simple and memorable way, using real client examples along with their usual energy, humor, and clever comedy bits. You will learn why certain family members are off limits, what happens if you try to stay in your IRA owned Airbnb, how sweat equity can accidentally trigger a self dealing violation, and how to safely buy rentals or businesses in your retirement account with confidence.The hosts also sprinkle in a series of fun “you know it is a prohibited transaction when” jokes that make the topic easy to remember and surprisingly entertaining. By the end, you will understand how to stay compliant, make smarter investment decisions, and unlock the real power of a self-directed IRA.Perfect for real estate investors, business owners, and anyone using an IRA for alternative assets, this episode gives you the clarity you need to protect your account and maximize long term gains.Chapters: 0:06-  Welcome And Why This Matters0:12 - Defining Prohibited Transactions2:16 - What IRAs Can And Can't Own2:54 -It's About Who And How, Not What2:59 - Per Se Prohibited Transactions Explained4:34 - Disqualified Persons And Family Traps7:25 - After You Buy: Use And Benefit Rules8:17 - Renting To Family And Self-Dealing10:26 - Sweat Equity And Fixer Upper Pitfalls12:49 - Managing Vs. Working: The 50 Percent Line16:13 - Facts, Circumstances, And Case Law17:49 - Practical Guardrails And Flexibility19:36 - Resources, Book, And Professional Help19:51 - Closing Remarks And DisclaimersDirected IRA Homepage: https://directedira.com/ Directed IRA Explore (Linktree): https://linktr.ee/SelfDirectedIRA Book a Call: https://directedira.com/appointment/ Other:Mat Sorensen: https://matsorensen.com & https://linktr.ee/MatSorensen KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com

A few weeks ago our 14-year-old daughter ordered a $30 item online with her own hard-earned cash. She was proud of herself—until a notice popped up: the product was coming from overseas and a tariff of roughly $30 would be due at delivery. She looked at me, stunned. “Wait… I have to pay double to get it?” She paused, thought, and said, “I still want it.” https://www.youtube.com/live/gV_EvvpiXww That tiny moment shows a big reality: taxes aren't just something you deal with in April. They show up everywhere, often without warning, and every one of them is a leak in your wealth bucket. It's also a simple picture of why taxes and wealth creation are tied together in ways most families never see. The Real Link Between Taxes and Wealth CreationTaxes and wealth creation: Why taxes are the biggest wealth leakThe compounding cost of taxesTaxes and wealth creation: 95% of the tax code is about how not to pay taxes“Is this deductible?” vs “How do I make this deductible?”Taxes and wealth creation: Tax planning is not tax preparationTaxes and wealth creation: The SECURE Act and a silent inheritance taxThe 10-year inherited IRA ruleTaxes and wealth creation: Roth conversions as a legacy moveTaxes and wealth creation: Positioning money where compounding can keep workingReal estate incentivesCharitable givingWhole life insurance for tax-efficient legacyTaxes and wealth creation: Thinking past your lifetimeHere's the point: taxes and wealth creation rise and fall together.Book A Strategy CallFAQWhat is the connection between taxes and wealth creation?Why do taxes feel invisible to most families?What did the SECURE Act change for inherited retirement accounts?Are Roth conversions a good strategy for generational wealth?How does real estate help with tax-efficient wealth building?Why is tax planning different from tax preparation?How does whole life insurance fit into tax-efficient legacy planning? The Real Link Between Taxes and Wealth Creation This topic matters because taxes quietly take more from most families than any other expense. Not your mortgage. Not your lifestyle. Taxes. In this article we're going to pull taxes out of the “yearly chore” box and put them where they belong—in the center of your wealth plan. You'll see why taxes are such a drag on compounding, how the tax code rewards certain behaviors, what the SECURE Act changed for retirement accounts and heirs, and why Roth conversions and other strategies can protect wealth for your lifetime and beyond. The goal is simple: help you keep more dollars in your control so they can grow and bless your family for generations. Taxes and wealth creation: Why taxes are the biggest wealth leak Most people think about taxes as a single event: file your return, see if you owe or get a refund, and move on. But Bruce made a point that changes everything: we pay taxes on almost every transaction. Federal and state income taxes are just the obvious ones. Add sales tax, gasoline taxes, property taxes, and the taxes baked into your phone and internet bill—and the true cost is enormous. Even when you don't see it, you pay it. And the dollars you lose to taxes don't just disappear today. You lose what those dollars could have become after decades of compounding. Once money leaves your control, the future of that money is gone forever. The compounding cost of taxes I love pictures, so here's one we used. Imagine your money as water in a five-gallon bucket. If there are leaks in the bottom, you don't arrive anywhere with a full bucket. Taxes are one of the biggest leaks. You can earn more and work harder, but if you don't seal the leaks, your progress is always slower than it should be. Think about the penny-doubling example. A penny doubled daily for 30 days becomes millions, but for the first week it still feels tiny. That's why people underestimate compounding. Taxes interrupt that curve. They pull dollars out before they ever reach the steep part of growth. Wealth isn't only about what you earn. It's about what you keep and control long enough for compounding to do its job. That's why taxes and wealth creation are inseparable. Taxes and wealth creation: 95% of the tax code is about how not to pay taxes Bruce shared something that shaped his whole view. A former IRS auditor once told him: only about 5% of the tax code explains how you pay taxes. The other 95% explains how you don't have to pay taxes. That surprised me at first, but it's true. Congress uses the tax code to steer behavior. If they want more housing, they reward people who provide housing. If they want investment in certain industries, they create incentives there. The incentives exist on purpose. If lawmakers didn't want people to use them, they wouldn't be written into law. “Is this deductible?” vs “How do I make this deductible?” Tax strategist Tom Wheelwright says the wrong question is, “Is this deductible?” The right question is, “How do I make this deductible?” Example: if you travel to evaluate real estate deals and your primary purpose is legitimate business, documented properly, the tax code may allow deductions. The key isn't being clever. The key is following the rules clearly. We never recommend gray areas. Good tax strategies are black-and-white and well documented. Taxes and wealth creation: Tax planning is not tax preparation The tax code is thousands of pages long and changes constantly. Many CPAs are overloaded with compliance work—paperwork, deadlines, filing logistics. So a lot of families get tax preparation, not tax planning. Preparation reports what happened and tells you what you owe. Planning helps you shape what you owe before the year ends. If you want to build wealth, you can't treat planning like an afterthought. You may need a professional whose mindset is: “My job is to help your family pay the least amount of tax legally possible.” Not because taxes are bad, but because every dollar saved is a dollar that can compound, be invested, or be given with purpose. Taxes and wealth creation: The SECURE Act and a silent inheritance tax If you have tax-deferred retirement accounts—401(k)s, IRAs, 403(b)s, SEP IRAs, deferred annuities—you need to understand what changed. Older rules required minimum distributions (RMDs) at age 70½. The SECURE Act pushed that age to 75. That sounds like a gift, but it has a catch: more years of growth means a larger account, which often leads to larger taxable withdrawals later. But the bigger change hits your heirs. The 10-year inherited IRA rule If a tax-deferred account passes to a spouse, they can keep deferring. If it passes to your kids or grandkids, most beneficiaries must empty the account within 10 years. Picture a 45-year-old inheriting a $1 million IRA. Under old stretch rules, they could take small withdrawals over a lifetime. Now many will take around 10% per year—about $100,000 annually—stacked on top of their working income, often in their highest-earning years. That pushes those inherited dollars into their top tax bracket. So the SECURE Act didn't remove taxes. It concentrated them. If you do nothing, your children may pay far more tax on your retirement savings than you ever expected. Taxes and wealth creation: Roth conversions as a legacy move This is where Roth conversions come in. We're not giving advice here—your personal facts matter—but the principle is powerful. A Roth conversion means paying tax on some tax-deferred dollars now so they move into a Roth account. Later withdrawals are tax-free. When the Roth passes to heirs, they still follow the 10-year rule, but distributions are generally income-tax-free. When we run numbers with families, we often find that paying some tax earlier can reduce the total tax bite over two lifetimes—yours and your kids'. For families who care about legacy, that's a big deal. Taxes and wealth creation: Positioning money where compounding can keep working Bruce listed several straightforward ways families can keep more dollars compounding without needing complex structures. Real estate incentives Real estate is a clear example of Congress rewarding behavior. The U.S. needs more housing, so the tax code offers depreciation and, in some cases, bonus depreciation for certain investments. Those deductions can offset taxable income and free up cash flow for more investment. The rules are specific, so strategy and documentation matter. Charitable giving If generosity is already part of your family culture, don't ignore how charitable strategies can lower taxes while letting you support what matters most. Whole life insurance for tax-efficient legacy This is a place where our work often connects the dots. Properly designed whole life insurance has a unique tax profile: cash value grows tax-deferred, you can access it through policy loans without triggering income tax, and the death benefit passes to heirs income-tax-free. We like to say that every tax dollar you save is another dollar you can reposition into assets that serve generations. Whole life often becomes a family gold reserve—liquid in your lifetime, leveraged at death, and protected from future tax surprises. Taxes and wealth creation: Thinking past your lifetime During the episode I shared a golf analogy. Your wealth plan is like a golf swing. Most people only focus on the backswing—everything that happens until you hit the ball. In life, that's “my lifetime.” But legacy is the follow-through. Where does the ball go after contact? What trajectory does your wealth take after you're gone? When you plan only for your life, you miss the biggest multiplier in tax planning: time across generations. When you plan with follow-through, you make different choices today—like paying some taxes sooner—because you see how that can protect your children from a heavier burden later.

On this episode of Mission Matters, Adam Torres interviews Henry Yoshida, Co-founder of Rocket Dollar, about his mission to improve financial literacy and make private market investing accessible to everyday investors. Henry shares how his family's experience as immigrants fueled his career in financial services, why he built Rocket Dollar to help people use IRAs and 401(k)s for alternative investments, and how the landscape of public vs. private markets has shifted. He also discusses the future of self-directed retirement accounts and why he believes alternative investments are on their way to becoming mainstream. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: https://missionmatters.lpages.co/podcastguest/ Visit our website: https://missionmatters.com/ More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia Learn more about your ad choices. Visit podcastchoices.com/adchoices

On this episode of Mission Matters, ⁠Adam Torres⁠ interviews ⁠Henry Yoshida⁠, Co-founder of Rocket Dollar, about his mission to improve financial literacy and make private market investing accessible to everyday investors. Henry shares how his family's experience as immigrants fueled his career in financial services, why he built Rocket Dollar to help people use IRAs and 401(k)s for alternative investments, and how the landscape of public vs. private markets has shifted. He also discusses the future of self-directed retirement accounts and why he believes alternative investments are on their way to becoming mainstream. Follow Adam on Instagram at ⁠https://www.instagram.com/askadamtorres/⁠ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: ⁠https://missionmatters.lpages.co/podcastguest/⁠ Visit our website: ⁠https://missionmatters.com/⁠ More FREE content from Mission Matters here: ⁠https://linktr.ee/missionmattersmedia⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Think waiting until 70 is the gold standard for Social Security? We dig into the real math behind delayed retirement credits and the hidden trade-offs that rarely make it into the headlines. Drawing on years of planning experience and two vivid case studies, we show how the “bigger check later” can either amplify your lifetime income or quietly drain the resources you need to feel secure.We start with the promise of delayed credits and then zoom out to the full picture: how bridging years are funded, how portfolio withdrawals reduce compounding, and why taxes can swing the outcome. You'll hear about Greg and Michelle, a couple who used low-income years to convert IRAs to Roth, trimmed future RMDs, and paired those moves with higher benefits at 70. Then meet Linda, who spent down her savings to wait for a larger benefit and ended up with a thinner cushion and more anxiety. Along the way, we break down longevity assumptions, the importance of survivor benefits, and the outsized impact of sequence risk when markets fall during your withdrawal window.By the end, you'll have a practical framework to compare claiming ages on an after-tax basis, stress test market downturns, and decide whether you value maximum lifetime income, early-retirement flexibility, or a blend of both. If you've ever wondered whether to file early, wait until full retirement age, or push to 70, this is your roadmap for choosing the path that fits your health, taxes, investments, and lifestyle.-Advisory services are offered through Root Financial Partners, LLC, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax or legal professional regarding your specific situation.The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal.Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsementsParticipation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.Create Your Custom Strategy ⬇️ Get Started Here.Join the new Root Collective HERE!

Listener Q&A where Andy talks about: Starting Social Security benefits early so your minor children can claim dependent benefits, and how the earnings test can come into play if you're still working ( 5:53 )Social Security spousal benefits, and what happens when the lower earning spouse starts their own benefit early at a reduced amount, then later switches to spousal benefits ( 10:35)Social Security survivor benefits and whether the surviving spouse should start their own benefits earlier before eventually starting the survivor benefit, and whether there will be a reduction to the survivor benefit as a result ( 13:46 )If spouses each have IRAs, does it matter from which IRA they take distributions ( 18:28 )How income from a decedent's investments is taxed after the death of the decedent ( 23:01 )Whether tax withholdings from wages is treated the same as tax withholdings from IRA distributions with regards to the IRS viewing the amount withheld as having happened evenly throughout the year to help avoid underpayment penalties and interest ( 30:57 )How to find a financial advisor/planner who works on a limited engagement basis for just certain guidance or questions (such as Social Security claiming questions and tax return reviews), without requiring management of investments  ( 36:49 )Why do so many advisors require management of investments to provide their planning services, and how to find an advisor who doesn't (this is an extension of the previous question) ( 41:14 )Using zero-coupon Treasury STRIPS in retirement for income after wages stop but before Social Security or other income sources start ( 45:40 )To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.comLinks in this episode:Devin Carroll's Social Security Spousal Benefit CalculatorFinding an "advice-only" advisor - www.AdviceOnlyNetwork.comMy company newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com

Happy Thanksgiving! As you gather with family and friends today, we hope your hearts are filled with gratitude to God for His many blessings. While Thanksgiving is a treasured tradition for us, its roots stretch back more than 4 centuries. Who gathered at that first feast in 1621? Why were they there? And what exactly were they giving thanks for?Let's take a closer look at the remarkable story of the Pilgrims—one of enduring faith, sacrifice, and God's gracious provision.Who Were the Pilgrims?Most of us learned in grade school that the Plymouth Colony—located in present-day Massachusetts—was founded in 1620 by a group we know as the Pilgrims. These settlers, also called Separatists, longed to break away entirely from the Church of England, believing it had drifted from biblical teaching. Their commitment to worship according to Scripture set them on a courageous journey toward religious freedom.Nearby, the Puritans would establish the Massachusetts Bay Colony in 1630. While they shared many beliefs with the Pilgrims, their approach differed. The Puritans remained within the Church of England, seeking to reform it from within. Though their strategies diverged, the stories of these two groups are deeply intertwined in the early chapters of American history.The Pilgrims faced significant persecution in England for worshiping outside the established church. Holding fast to the Bible as their ultimate authority made them targets. In 1609, seeking refuge, they fled to Leiden, Holland. Yet even there, challenges persisted—some were arrested, and the freedom they sought still felt out of reach.Recognizing Europe would not offer the spiritual liberty they longed for, they made a bold and costly decision: to sail to the New World. About 120 men, women, and children boarded the Mayflower. While some passengers—known as “adventurers”—joined the voyage for economic opportunity, the Pilgrims' primary aim was clear: to worship freely and build a life rooted firmly in their faith.Hardship Upon ArrivalTheir journey across the Atlantic was long and brutal. Delays meant they arrived in November—not summer—leaving no time to plant crops. That first winter, remembered as “the starving time,” was devastating. Nearly half the group died from disease and lack of food.Still, in God's providence, the Pilgrims formed a gracious relationship with local Native Americans. A Native American named Squanto—who had learned English years earlier—became a critical ally. He taught them how to plant corn, where to fish, and how to survive in an unfamiliar land. His guidance helped bring the colony through that difficult first year.With Squanto's help, the Pilgrims planted crops in the spring of 1621 and harvested enough that fall to sustain their small community. To honor God for His provision, they invited their Native American neighbors to join them in a feast of thanksgiving.By that point, only 22 men, four married women, and 25 teenagers and children remained from the original group. Their guests nearly doubled the gathering, bringing food and friendship—resulting in what may have been America's first potluck meal. Together, they celebrated survival, provision, and the kindness of God expressed through unexpected relationships.A Legacy of FaithYears later, Plymouth's longtime governor, William Bradford, reflected on their experience in Of Plymouth Plantation, quoting Hebrews 11:13–16 to describe the Pilgrims' faith:“All these people were still living by faith when they died… They were looking for a country of their own… longing for a better country—a heavenly one. Therefore God is not ashamed to be called their God, for He has prepared a city for them.”For the Pilgrims, this passage captured the heart of their journey. They understood that their true home was not a piece of land or a colony—they belonged to God. Their courage, perseverance, and gratitude were expressions of that eternal hope.As we celebrate Thanksgiving today, may we remember this story of faith under pressure, resilience in hardship, and gratitude rooted in God's unwavering provision. The freedoms we enjoy—especially the freedom to worship—come through the sacrifices of those who came before us.From all of us at FaithFi, we wish you a warm, joyful, and grace-filled Thanksgiving. May your day be filled with gratitude for God's goodness and confidence in His faithful care.On Today's Program, Rob Answers Listener Questions:My question is about the so-called ‘Dollar 2.0' and the new S.1582 bill. How might this impact our currency? I'm retired and concerned about my savings.My dad recently passed away and left me and my siblings money in an IRA. We're being told we need to set up inherited IRAs to receive it. What exactly is an inherited IRA, and is that our only—or best—option?I run a construction company and also helped start a nonprofit. Can I legally pay myself a salary from the nonprofit? And can the nonprofit hire my construction company for its projects?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)Sound Mind Investing (SMI)Wisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chris's SummaryJim and I discuss QLAC use cases in the context of retirement income planning and how the Treasury Department designed these annuities to function. We walk through when someone might consider using one, how the absence of cash value affects planning decisions, differences among providers on turning income on early, the impact of mortality credits on later-life payouts, and how QLACs can help stabilize the post-delay period for people focused on long-term secure income. Jim's “Pithy” SummaryChris and I take a deeper dive into QLACs by taking what we talked about last week and looking closer at where these things might fit into a retirement plan. The Treasury Department set QLACs up with no cash value, which locks them straight into that verb-annuity world we often talk about. That design wasn't about selling a new product—it came out of watching people's IRAs get hammered in 2008 and realizing some retirees needed secure income for the older version of themselves. Like so much in retirement planning I see these products as part of the negotiation between the younger you and the older you. The younger you has to decide how much certainty you want in the years when your body and your mind aren't running at full speed. I talk about that all the time: we are degrading, and it doesn't take much—like me tripping on a hike—to be reminded of it. A QLAC is one way to make life easier for the older you by guaranteeing income that covers the Minimum Dignity Floor when you may not want to be making complex decisions. Some insurers let you turn income on earlier, some don't, and those differences matter. Chris brings in sample quotes, and when you see what mortality credits can do in your 80s, you understand why people might actually consider using one. Not everyone needs a QLAC. A lot of you value flexibility and liquidity, and that’s exactly what you give up when you commit to something with no cash value. What I point out here is how easily the conversation around these annuities drifts into investment comparisons when that's not what they're built on. QLACs are insurance products, tied to longevity and mortality credits, and that's the context they belong in. Understanding them inside that framework—what they can do, what they can't, and how their structure differs from account-based assets—is the real goal of this discussion. The post QLAC Use Cases and Planning: EDU #2548 appeared first on The Retirement and IRA Show.

For the full video webinar visit: https://directedira.com/opening-a-self-directed-ira/For more details on prohibited transactions download the Self-Directed IRA Handbook (look for chapters 4, 5, 6, and 7): https://directedira.com/the-self-directed-ira-handbook/Most Self-Directed IRA investors worry about choosing the right asset, but the real danger is accidentally breaking an IRS rule you didn't even know existed. Watch Mat Sorensen (CEO, Directed IRA) and Lindsay Mersino (Executive Director of Operations) host a brand-new session that breaks these rules down clearly, simply, and with real examples you won't find anywhere else.     You'll Learn- What a Self-Directed IRA can invest in- The three investments IRAs cannot hold- How IRS prohibited transaction rules actually work and the real mistakes that cause penalties- Who counts as a “disqualified person” and why this matters for every deal you structure- The three types of prohibited transactions- Deal examples that stay compliant vs. deals that disqualify an IRA- How to safely structure alternative investments through your SDIRAWhy Directed IRA?At Directed IRA, we've helped thousands of investors put over $3 billion into real estate, private funds, notes, and more, all inside tax-advantaged retirement accounts. Our team of experts and streamlined platform make it easy to invest with confidence.Directed IRA Homepage: https://directedira.com/ Directed IRA Explore (Linktree): https://linktr.ee/SelfDirectedIRA Book a Call: https://directedira.com/appointment/ Other:Mat Sorensen: https://matsorensen.com & https://linktr.ee/MatSorensen KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com

Raising children to navigate money wisely is about far more than dollars and cents. It begins with shaping their hearts, grounding their identity in Christ, and helping them understand the true source of their worth. As parents and mentors, we all want the next generation to develop a biblical foundation for both money and identity—because the two are more connected than we often realize.Today, Brian Holtz, CEO of Compass Financial Ministry, joins us to share insights from a new resource designed to help families do exactly that. Right From the Start targets a key age group—kids 11 to 15—who are forming lifelong beliefs about God, themselves, and the world.Why Middle School Matters So MuchAccording to Brian, this project was born out of recognizing a real discipleship gap. Plenty of resources exist for young children and high schoolers, but middle schoolers often fall between the cracks. Yet this is the stage when they're actively forming their worldview—including their beliefs about money, success, and identity.Right From the Start helps students discover that their value is rooted in being made in the image of God—not in what they own, how popular they are, or how well they perform. This biblical truth becomes the foundation for every financial principle they learn.Six Themes to Form Faith and FinancesThe study covers six core chapters:IdentityGivingSavingSpendingBuilding on Your FoundationFinishing WellEach topic is presented through a biblical lens and paired with hands-on activities, daily lessons, memory verses, and “life hacks”—simple, practical challenges that help students put truth into action.The goal, Brian shared, is to make faith and finances personal, relevant, and fun.Helping Students Understand Their Identity in ChristThe very first chapter lays the theological foundation. Students read passages like Genesis 1 and Psalm 139 to understand that they are created intentionally, lovingly, and wonderfully by God. Their worth does not rise or fall with their circumstances.Once children grasp this truth, giving, saving, and spending stop being merely financial tasks. They become acts of worship—ways to honor the God who made them.Turning Principles Into Habits: A Look at the “Life Hacks”One of the most beloved activities is the simple “three jars” method. Students divide the money they earn or receive into:GivingSavingSpendingThis visual, tactile tool transforms abstract concepts into daily habits. Parents particularly love it because it creates space for conversations about generosity, gratitude, and wise choices.How Families and Churches Can Use This ResourceRight From the Start is designed for flexibility. It works well:At homeIn youth groupsIn Christian schoolsA student book and a leader's guide make it accessible for parents, teachers, and ministry leaders alike. And while it fits naturally around the holiday season—when spending pressure ramps up—it can be used any time of year.Why Modeling Matters MostHoward Dayton often said parents should seek to be “MVP parents”—Modeling, Verbalizing, and Practical Application. Brian agreed that “more is caught than taught.” Kids need to see generosity lived out, hear why we handle money the way we do, and have opportunities to practice it themselves.Brian shared one practice from his own home: allowing kids to make real financial decisions with real consequences. If they choose to buy a treat today, they may not have money for something they want tomorrow. That gentle exposure to cause and effect builds wisdom, gratitude, and maturity.The Greatest Financial Lesson You Can TeachHelping your children understand who they are in Christ may be the most valuable financial lesson they will ever learn. A secure identity shapes how they give, save, spend, and steward their resources for the rest of their lives.To learn more about Right From the Start and how to bring it into your home or ministry, visit CompassFinancialMinistry.org.On Today's Program, Rob Answers Listener Questions:I'm 64, planning to wait until 67 to take Social Security, and our only debt is the house. We're torn about whether to pay off the mortgage. Our income is tight enough that we couldn't easily replace a vehicle if one broke down. My wife has researched this through Sound Mind Investing, but still feels stuck, so I'm calling on her behalf.I run a trucking company, and one of my customers didn't send me a 1099. They said they don't have to. My wife and I already paid taxes on that income last year. Do I still need to report the money I earned from that client?I recently left full-time nursing and now work part-time to keep my license. I have two IRAs from past jobs, and now another 401(k) from the job I just left. They're asking me to move it somewhere—should I roll it into an existing IRA or consider a different option?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)Right from the Start (A Financial Discipleship Study for Ages 11-15)Compass Financial MinistryWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Want to use your retirement funds to invest beyond the stock market? In this episode, Henry Yoshida, CFP®, shares how his fintech company empowers investors to use their IRAs and 401(k)s to invest in private assets, all while maintaining tax advantages. Learn how he modernized retirement investing and why today's investors must think beyond traditional markets to build true diversification and long-term wealth.   Key Takeaways To Listen For The story behind Honest Dollar Why big financial institutions resist alternative investments How self-directed IRAs empower investors to fund private real estate What true diversification means in investing Psychological advantages of investing through tax-advantaged retirement accounts   Resources/Links Mentioned In This Episode Honest Dollar Greenlights by Matthew McConaughey | Hardcover and Audiobook The Richest Man in Babylon by George S. Clason | Kindle and Paperback Rocket Dollar Knowledge Base   About Henry Yoshida, CFP®Henry Yoshida, CFP®, is the Co-Founder and CEO of Rocket Dollar, a platform that empowers individuals to unlock their retirement savings by investing through Self-Directed IRAs and Solo 401(k)s. A three-time entrepreneur in the retirement services industry, Henry previously founded Honest Dollar, which was acquired by Goldman Sachs, and served as a Vice President of Retirement Business at Merrill Lynch, where he managed over $2.5 billion in client assets. He has been recognized by InvestmentNews as one of the "Top 40 Under 40" financial professionals and is a nationally sought-after voice on retirement innovation, alternative investing, and fintech. Henry frequently appears in major media outlets, including CNBC, Bloomberg, Yahoo! Finance, and TechCrunch, where he shares insights on modern retirement planning and wealth-building strategies.   Connect with Henry Website: Rocket Dollar LinkedIn: Henry Yoshida, CFP® Phone: (855) 762-5383   Connect With UsIf you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/.   Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

Joe Anderson, CFP® and Big Al Clopine, CPA are defusing some confusing tax time bombs today on Your Money, Your Wealth® podcast number 557. George in Torrance wants to know the smartest way to deal with the giant UGMA account set up by his kids' grandparents. Suzanne in Detroit has a twist on the new 529 plan to Roth rollover rule. Homer and Marge need a spitball on whether they can build huge 529 plans for college savings and still retire early.  Plus, Bill in Chicago just inherited a $950K IRA and needs a withdrawal plan before he triggers a tax explosion. Aaron in Cincinnati wonders whether maxing out his health savings account every year as part of his overall pre-tax contributions is a good idea. Carl in Western Maryland has questions about the required minimum distribution age and HSA rules, and wonders whether those who make the tax code are on drugs. And finally, Marc wants to know how to avoid the tax kaboom from $the 4M sitting in his traditional IRAs at age 73. Free Financial Resources in This Episode: https://bit.ly/ymyw-557 (full show notes & episode transcript) DIY Retirement Guide - limited time Special Offer, download yours by Friday November 28, 2025! Financial Advisors Expose the Internet's Worst Retirement Strategies! - YMYW TV Financial Blueprint (self-guided) Financial Assessment (Meet with an experienced professional) REQUEST your Retirement Spitball Analysis DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter   Connect With Us: YouTube: Subscribe and join the conversation in the comments Podcast apps: subscribe or follow YMYW in your favorite Apple Podcasts: leave your honest reviews and ratings   Chapters: 00:00 - Intro: This week on the YMYW Podcast 01:07 - Best Tax Moves When Your Kid Has a Huge UGMA Account (George, Torrance, CA) 06:23 - 529 to Roth Rollover or Save for Grad School: What's the Smarter Play? (Suzanne, Detroit) 14:47 - Can $650K High Earners Afford to Build Huge 529 Plans and Still Retire Early? (Homer and Marge, No CA) 24:01 - Inherited IRA Withdrawal Plan: How Much Should You Take Out Annually? (Bill, Chicago) 31:23 - Should You Really Max Out Your HSA Every Year? (Aaron, Cincinnati, OH) 33:07 - Do You Take RMDs at 73 or 75? Was the Government on Drugs When They Came Up with HSA Rules? (Carl, Western MD) 38:07 - 73 With $4 Million in IRAs: What's the Best Tax Strategy? (Marc, 92024 - Encinitas, CA) 39:31 - Outro: Next Week on the YMYW Podcast

In this episode, Anderson Advisors Barley Bowler, CPA, and Eliot Thomas, Esq., tackle listener questions on critical tax strategies. They cover the differences between Section 179 expense deductions and bonus depreciation, including how to combine them effectively and avoid creating excessive losses. Barley and Eliot discuss the timing of equipment purchases for tax planning purposes and explain the complexities of equipment leasing investments, emphasizing the importance of material participation tests. They address the mark-to-market election for active traders and explain why Anderson doesn't recommend this strategy due to audit risks. The attorneys clarify that qualified charitable distributions can only be made from IRAs, not Solo 401(k)s, and explore strategies for using IRA withdrawals to purchase rental properties while offsetting taxes through cost segregation studies. They also explain excess business loss limitations, the interaction between cost segregation studies and qualified opportunity zone funds, and why 1031 exchanges cannot be used to avoid capital gains tax deferrals ending in December 2026. Tune in for expert guidance on these advanced tax topics! Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: "How can I take advantage of tax code 179, Section 179?" - Section 179 allows immediate deduction of qualifying business equipment expenses. "If I have more business items to buy like a desk, should I buy them before the end of the year? Or maybe I wait to the new year? When do I buy these things?" - Purchase timing depends on which year needs the deduction more. "If one invest in an equipment leasing investment in 2025, and it's active, and writes off 100% of the equipment cost in 2025, but then in 2026 no longer active, does the income revert to passive income or is it still active for 2026?" - Active losses remain locked in; only future income becomes passive. "Can I still take the IRS mark-to-market election for the tax year starting January 1st 2026?" - Election must be made on 2025 return by April 15th. "I have a Solo 401(k). First of all, how does this work? And can I make qualified charitable distributions from my Solo 401(k)? Plus do these tax-free distributions go on my 1040 as a deduction?" -QCDs only work from IRAs, not Solo 401(k) retirement plans. "Is there a cap on how much money I can withdraw per year from my traditional IRA to purchase an income-producing rental property? What are the things I need to consider before making this decision? I'm 55 years old and I am aware of the 10% penalty." - No cap exists; expect regular income tax plus 10% penalty. "Is there an annual cap on bonus depreciation? Is there a limit on how much bonus depreciation we can take?" - Excess business loss limitation caps deductions at $313,000 single, $626,000 married. (44:44) Title question "Can I do a cost segregation study on a property that's in a qualified opportunity zone fund? How does this impact the capital gains tax deferral that ends in December of 2026?" - Yes; cost seg helps operations but doesn't offset deferred gains. "Can I do a 1031 exchange and avoid the tax due when the deferred tax comes due in 2026?" - No; cannot use 1031 to avoid QOZ deferred capital gains. Resources: Schedule Your Free Consultation https://andersonadvisors.com/strategy-session/?utm_source=can-you-do-a-cost-segregation-study-on-property-in-a-qualified-opportunity-zone-fund&utm_medium=podcast Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=can-you-do-a-cost-segregation-study-on-property-in-a-qualified-opportunity-zone-fund&utm_medium=podcast Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq Clint Coons YouTube https://www.youtube.com/@ClintCoons  

The IRS just released the 2026 tax updates and they're full of major changes that impact your retirement accounts, your deductions, and your long-term tax planning. We break down new contribution limits for 401(k)s, IRAs, HSAs, SIMPLEs, and more, plus important updates to tax brackets, the SALT deduction, child tax credits, and upcoming rule expansions. After that, we answer your financial questions live on air! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jump start your journey with our FREE financial resources⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Reach your goals faster with our products⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Take the relationship to the next level: become a client⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe on YouTube for early access and go beyond the podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Connect with us on social media for more content⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. ⁠⁠⁠⁠⁠DRINKAG1.com/MONEYGUY Learn more about your ad choices. Visit megaphone.fm/adchoices