Podcasts about Roth

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  • 2,556PODCASTS
  • 12,929EPISODES
  • 37mAVG DURATION
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  • Dec 2, 2021LATEST

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Best podcasts about Roth

Show all podcasts related to roth

Latest podcast episodes about Roth

The Distraction: A Defector Podcast
Are You Getting Me Neutered Again? (with Lindsey Adler)

The Distraction: A Defector Podcast

Play Episode Listen Later Dec 2, 2021 51:19


The Athletic's Lindsey Adler joins Drew and Roth to talk about the impending MLB lockout, cheugy art, and outer space. Plus, questions from the Funbag! Join Drew and Roth on December 8th as they tape the podcast live in New York City. Tickets available here. Visit Defector.com. See omnystudio.com/listener for privacy information.

CBS Eye on Money
Rent or Buy?

CBS Eye on Money

Play Episode Listen Later Dec 2, 2021 15:22


With the housing market crazy, should I be looking to buy or keep renting? Oh, and by the way, I basically get the down payment as a perk from my employer. Have a money question? Email us, ask jill [at] jill on money dot com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Real Investment Show Podcast
Is a Roth the Rather Smart Thing to Do?

The Real Investment Show Podcast

Play Episode Listen Later Dec 1, 2021 34:59


Preparing for the market correction is about to pay off: Start making your list of possible buys; watching the technicals for the right time to buy; is a Roth the right choice for you? Demographics are Destiny: What happens to Social Security? The story behind oil prices; the story behind iBonds. ------ SEG-1: How to Put Money Back to Work SEG-2: To Roth or Not to Roth? SEG-3: What's Up with Oil Prices? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w/Senior Advisor Danny Ratliff, CFP -------- NOTE: You can watch the commercial-free version of this video here: https://www.youtube.com/watch?v=sEZ9z8XGuAs&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles Mentioned in this show: https://realinvestmentadvice.com/is-a-stock-market-crash-like-2000-possible https://realinvestmentadvice.com/?s=traders+are+pushing+oil+rates -------- Our Latest "Three Minutes on Markets & Money: "Is The Sell-off Over?" is here: https://www.youtube.com/watch?v=KllVV-9n8g4&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=1s -------- Our previous show, "Has Jerome Powell Changed His Mind?" is here: https://www.youtube.com/watch?v=iasciUGbKTc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2&t=330s -------- Register for our next Lunch & Learn: https://us06web.zoom.us/webinar/register/9616369301708/WN_X_zZBPQCQX2VnVXJlvUE5g -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketCorrection #RothIRA #OilPrices #JeromePowell #FedTaper #HigherTaxes #SocialSecurity #Markets #Money #Investing

Lance Roberts' Real Investment Hour
Is a Roth the Rather Smart Thing to Do?

Lance Roberts' Real Investment Hour

Play Episode Listen Later Dec 1, 2021 34:59


Preparing for the market correction is about to pay off: Start making your list of possible buys; watching the technicals for the right time to buy; is a Roth the right choice for you? Demographics are Destiny: What happens to Social Security? The story behind oil prices; the story behind iBonds. ------ SEG-1: How to Put Money Back to Work SEG-2: To Roth or Not to Roth? SEG-3: What's Up with Oil Prices? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w/Senior Advisor Danny Ratliff, CFP -------- NOTE: You can watch the commercial-free version of this video here: https://www.youtube.com/watch?v=sEZ9z8XGuAs&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles Mentioned in this show: https://realinvestmentadvice.com/is-a-stock-market-crash-like-2000-possible https://realinvestmentadvice.com/?s=traders+are+pushing+oil+rates -------- Our Latest "Three Minutes on Markets & Money: "Is The Sell-off Over?" is here: https://www.youtube.com/watch?v=KllVV-9n8g4&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=1s -------- Our previous show, "Has Jerome Powell Changed His Mind?" is here: https://www.youtube.com/watch?v=iasciUGbKTc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2&t=330s -------- Register for our next Lunch & Learn: https://us06web.zoom.us/webinar/register/9616369301708/WN_X_zZBPQCQX2VnVXJlvUE5g -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketCorrection #RothIRA #OilPrices #JeromePowell #FedTaper #HigherTaxes #SocialSecurity #Markets #Money #Investing

Retirement Answer Man
Overcoming Frugality

Retirement Answer Man

Play Episode Listen Later Dec 1, 2021 45:10


Rocking retirement doesn't mean getting your Roth conversions right, it means minimizing your regrets. At the end of your life, you don't want to think “yay, I paid fewer taxes!” you want to think “wow, my life was awesome!” Overcoming the frugality that stems from a lifetime of saving is one way to live a life free of regret in retirement. To ensure that you can live life to the fullest, create a retirement plan that can iterate as life unfolds. When you have a feasible, resilient retirement plan that utilizes the resources you have you'll be able to build the life you want. You're already well on your way to rocking retirement by listening to the Retirement Answer Man show.  On dialing back Recently I committed publicly to publishing 2 episodes per week in an effort to improve the show. However, very shortly after making this change, I realized that it wasn't a good change for me. For this reason, I decided to pivot back to one episode per week. I realized that it is important to live my life true to myself rather than base my choices on the expectations of others. Have you ever made a decision that you quickly had to undo?  Should Gene pay off his house from a pretax retirement account? Gene is considering paying off his house from his 401K account. He owes $200,000 at 2.5% on a 25-year loan. He would like to know what the best course of action would be in his situation.  As with any major retirement planning question, my recommendation is to refer to your retirement plan of record. (To get a more detailed understanding of the retirement plan of record, make sure to listen to the next episode!) After walking through that plan with the mortgage in place, then you can create a what-if scenario in which you pay off the mortgage. This way you can compare each choice side by side to see which one would best serve your overall goals. Listen in to hear why I wouldn't take the funds from my 401K to pay off my house and hear what I would do instead.  How to move from accumulation to distribution phase of life You have saved for decades, so when the time comes to start spending that savings it can be a challenge to loosen the purse strings. Retirement is not simply about spending money: it's about living your life to the fullest.  Think about why you chose to save your money and act frugally for so many years. Chances are, you did so to achieve financial security and to pay for the best retirement lifestyle that you could afford. Achieving financial security means that you feel comfortable with your retirement plan. If you don't have faith in your plan, consider having a professional look over your plan to bolster your confidence so that you can rock retirement.  How to improve your life and overcome frugality If you are a naturally frugal person, you may think that you have everything you need at this point in life, so there is no reason to spend more than you do. However, there are many ways that you can improve your life by spending money. Consider whether these activities would enhance your life. Eating out with friends more frequently Attending physical therapy Getting regular massages Hiring a personal trainer to improve fitness Hiring a nutritionist to help you plan meals Overcoming frugality can help you live your life to the fullest and rock retirement. Think about how you could increase your spending to maximize your life.  OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN LISTENER QUESTIONS [4:00] A correction on QLACs [5:05] Social Security and Cola [9:25] An urgent inherited IRA question [12:30] On dialing back [15:08] Whether or not to pay off the house from a 401K [20:48] One listener appreciated learning about Roth conversions  COACH'S CORNER WITH KEVIN LYLES [26:18] On overcoming frugality [29:42] Spending guaranteed income is much easier [31:26] How you can improve your life by spending [34:25] 3 tips to incorporate to spend your money TODAY'S SMART SPRINT SEGMENT [42:55] Look for ways to enhance your life today Resources Mentioned In This Episode Start here to listen to the Retirement Tax Management series with Andy Panko Brian Johnson's Optimize.me Rock Retirement Club Roger's YouTube Channel - Roger That BOOK - Rock Retirement  by Roger Whitney Work with Roger Roger's Retirement Learning Center

Real Personal Finance
128 - Can I Unwind a Non-deductible IRA Contribution?

Real Personal Finance

Play Episode Listen Later Dec 1, 2021 19:20


Scott and James discuss the new contributions limits (2022) and how that impacts our taxes. Listener Question Can I unwind a non- deductible IRA and revert it to a retail account? My CPA suggested I put 7k aside each year (I did it once) and then put it into a backdoor Roth. My income is high (we paid 51% in effective taxes last year) and I max out my 401k (no match) at work. But here is where it gets complicated- I have an IRA, Roth, SEP IRA (from a side consulting business) and now also the non deductible IRA all in Schwab in a mic of index funds and individual dividend stocks. But my employer's 401 k plan (Transamerica) is terrible - high fees and not great fund options. I am worried about rolling my various retirement funds (about 400k for me) into Transamerica just to put 7 or 14 k into a backdoor Roth would cost le almost as luch in fees, not to mention oppty cost when forced to sell my holdings to conform to what Transamerica offers. Given this and the impending demise of the backdoor Roth, can I somehow convert my 7k back to a nonretirement holding? Planning Points Discussed Retirement Planning Utilizing Time Efficiently Capital Appreciation Purchasing Power Other issues (IRAs, Inflation, Financial Goals, etc.) Timestamps: 3:57 - Roth IRA Backdoor Considerations 6:02 - IRS Aggregation Rule 9:30 - Partner's Income 12:40 - Self-Employed Retirement Considerations 15:01 - Required Minimum Distributions 17:36 - Tax Planning 18:22 - Aligning Your Financial Goals   LET'S CONNECT! James Facebook LinkedIn Website Scott Facebook Twitter Website ENJOY THE SHOW? Don't miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play. Leave us a review on iTunes. Have a money question you want us to answer? Submit one here

The Power Of Zero Show
What I Would Do If I Were President

The Power Of Zero Show

Play Episode Listen Later Dec 1, 2021 30:25


As a financial advisor, David came up with the concept of the three buckets and a quick five-minute presentation to convey the idea to clients. This developed into an hour-long presentation which eventually became the seed of the Power of Zero book. It took David just three days to write the book because the core of the material was already in place. He just had to commit to putting it onto the page. The book was republished in 2018 with new content by Penguin Random House. David is currently writing a fictional story centered around a financial theme that has a lot of real-world applications right now. The plot basically revolves around the very real threat of Modern Monetary Theory. Modern Monetary Theory is the idea that the government isn't constrained by the same restrictions as the average American family and can essentially print as much money as they want without repercussions. All of the economists that David has interviewed for his podcast essentially agree on the fact that implementing MMT would lead to hyperinflation. However, this doesn't stop MMT proponents from espousing the theory though. If you start accumulating debt in the belief that it won't affect anything, reality will prove you wrong. The cost of servicing the level of debt the US government currently has is taking up a large portion of the federal budget. By 2040, it would consume the entirety of the federal budget if interest rates simply went back to where they were at in 2003. David believes the moment of reckoning for the US is going to be 2030. Brian Beaulieu has predicted the major economic trends with 90% accuracy over the past 40 years, and he believes that 2030 will be a confluence of events that will result in a global depression. As rough as the dollar is, it's still one of the most stable currencies in the world. It's relatively unlikely to be usurped. The real issue is that Social Security and Medicaid are tied to inflation, so if we print more money, the cost of the programs also rises and you will never really get ahead. The US is facing down a fiscal gap of $239 trillion just to be able to deliver on the promises already made. The Biden tax legislation has pros and cons for many Americans, but the bottom line is that he's not addressing the underlying problem. It doesn't arrest the slide into fiscal solvency. Politicians are generally reluctant to push anything through right before midterms. If the legislation doesn't get passed before the end of the year, it may never happen. If David were the president of the United States, he would take a page out of Larry Kotlikoff and basically guarantee that Biden wouldn't be elected for a second term. The big focus would be to reform the social programs that are driving the debt, in particular MediCare. Without this kind of action, the national debt will grow by definition. Maya MacGuineas did a study to find what the government would have to do to simply prevent the debt from growing by $1 trillion per year, and she found that they would have to tax every dollar earned above $50,000 at a rate of 40%. There is no way around the math. If we are going to fix this problem, no amount of taxing the rich or everyday Americans will do it. We have to fundamentally reform Social Security, MediCare, and Medicaid to get our country back on track. On Jan 1, 2026 tax rates are going to revert to what they were prior to the tax cuts. If you want to do Roth conversions, now is the time. You have five years to take advantage of the current historically low tax rates.  Every year that goes by that you fail to take advantage of those tax rates, it increases the likelihood that you will rise into a tax bracket that gives you heartburn. When it comes to Roth conversions, time is your friend and when time is short they become less appealing. When doing a Roth conversion, you have to be convinced that the tax rate you will pay today will be lower than what you would be forced to pay somewhere down the road. If tax rates are even 1% higher, then it's probably the right move.

CBS Eye on Money
Pre-Tax or Roth 401(k)?

CBS Eye on Money

Play Episode Listen Later Nov 30, 2021 10:41


Given our combined income, do you think we should be using the pre-tax or Roth 401(k) option? Have a money question? Email us, ask jill [at] jill on money dot com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The John Batchelor Show
Biblical Flooding by an "Atmospheric River" in British Columbia. Jonathan Roth @research_roth, RothResearch.com

The John Batchelor Show

Play Episode Listen Later Nov 30, 2021 9:50


Photo:  Satellite view of the storm on November 15, 2021 at 00 UTC. Biblical Flooding by an "Atmospheric River" in British Columbia. Jonathan Roth @research_roth, RothResearch.com https://www.ctvnews.ca/climate-and-environment/these-images-show-the-scale-of-flooding-across-b-c-1.5669998

Haws Federal Advisors Podcast
Q&A: Do I Make Too Much To Contribute to Roth TSP?

Haws Federal Advisors Podcast

Play Episode Listen Later Nov 27, 2021 12:30


Want to schedule a consultation? Click here: https://hawsfederaladvisors.com/work-with-us/ The FERS Pre-Retirement Course: The Ultimate Guide: https://hawsfederaladvisors.com/fers-pre-retirement-course-the-ultimate-guide/ Help Support Our Channel and Future Content By Donating Here: https://www.paypal.com/donate/?hosted_button_id=YDL6XPP8CQ5WU Submit a question here: https://hawsfederaladvisors.com/question-submission-page/ Check out the full article here: https://hawsfederaladvisors.com/blog/ Check out "Building Wealth in The TSP" on Amazon: https://amzn.to/2FytP9W I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

Money Making Sense
SCAM ALERT: Gift cards are for gifts, not paying someone

Money Making Sense

Play Episode Listen Later Nov 26, 2021 19:50


No matter what the person's story -- NEVER pay anyone with a gift card.  That's from Christina Miranda, the senior project manager and consumer education specialist with the Federal Trade Commission.  Go to: FTC.gov/giftcards for more information. Christina also discusses on-line shopping scams.  What are some of the red flags and how can you get your money back?  If you spot a scam, or are a victim of a scammer, go to: ReportFraud.ftc.gov. You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here. See omnystudio.com/listener for privacy information.

The Chris Hogan Show
What Is the Benefit of a Roth 401(k)?

The Chris Hogan Show

Play Episode Listen Later Nov 26, 2021 4:03


Listen to how ordinary people built extraordinary wealth - and how you can too. You'll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Christy Wright, Rachel Cruze, John Delony, and George Kamel.

CBS Eye on Money
Refinance or Pay Off Home?

CBS Eye on Money

Play Episode Listen Later Nov 25, 2021 18:28


My brain is telling me to refinance the mortgage, but I'm not sure how long we're going to be living here, so I'm stuck in the mode of paralysis by analysis. Have a money question? Email us, ask jill [at] jill on money dot com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Distraction: A Defector Podcast
If You're Not Wondering if You Have the Plague After Eating, Are You Even Doing It Right?

The Distraction: A Defector Podcast

Play Episode Listen Later Nov 25, 2021 33:42


In this special Thanksgiving episode, Drew and Roth talk about boiled vegetables, the Detroit Lions, and wearing vests as a lifestyle choice. Plus, questions from the Funbag! And Guy of the Week. Visit Defector.com. See omnystudio.com/listener for privacy information.

Adam Bergman Talks
Episode 318 - Ruth Conversion and the Build Back Better Act

Adam Bergman Talks

Play Episode Listen Later Nov 24, 2021 27:52


In this episode of Adam Talks, IRA Financial's Adam Bergman Esq. discusses the Build Back Better Act and whether or not you should consider a Roth conversion.

The Roth Report
Roth Report part 2 11-24-21

The Roth Report

Play Episode Listen Later Nov 24, 2021 12:47


Roth Report Part 2: it's the First & Main SMA update, the Louise Baker Game of the Week is Michigan/Ohio St and the New River Valley Heart Clinic top 3.  See omnystudio.com/listener for privacy information.

The Roth Report
Roth Report part 1 11-24-21

The Roth Report

Play Episode Listen Later Nov 24, 2021 12:29


Roth Report Part 1: the impact of all the other vacancies on the VT coaching search, a Metro Conference rivalry renewed on the hardwood. See omnystudio.com/listener for privacy information.

Quaid In Full
S05E09: Any Given Sunday

Quaid In Full

Play Episode Listen Later Nov 24, 2021 60:56


Defector's David J. Roth pulls up a seat on the second footballiest day of the year as we talk about Oliver Stone's Any Given Sunday, a 157-minute "exploration of boundaries of filmmaking by peole who are permanently on LSD." Whether it's a #poppyfieldsmovie, why it looks so cheap, which Al Pacino(s) we get in this performance and what the F he's wearing, whose performance is most affecting (spoiler: LT's), what that smell is (spoiler: amyl nitrate), and much more in our discussion of a film that lists all the capital-I Issues with pro football, then chooses to run B-roll of lightning instead of engaging with them. Feast your ears on the fifth-season finale of Quaid In Full. Overall score: 7.33 QQQ score: 7 Days since a lost Kuffs accident: 21 Breaks: "They Call It Pro Football" (1966); "The Autumn Wind" and "Round Up" by Sam Spence SHOW NOTES Follow us on Twitter (http://twitter.com/quaidinfullpod) Get EVEN MORE Qontent (...sorry) at our Patreon page (https://www.patreon.com/quaidinfull) Can YOU get past the first 27 seconds of The Dennissance (https://podcasts.apple.com/us/podcast/the-dennissance/id1503394153)? Listen to Dave Roth on Extra Hot Great 381 (https://www.extrahotgreat.com/381); It's Christmastown; (https://podcasts.apple.com/us/podcast/108-the-wine-clown-and-the-disappearing-children/id1407429849?i=1000539107743) and The Distraction (https://podcasts.apple.com/us/podcast/the-distraction-a-defector-podcast/id1525039108) Roger Ebert's AGS review (https://www.rogerebert.com/reviews/any-given-sunday-1999) Wesley Morris's in the SF Examiner (https://www.sfgate.com/style/article/Oliver-Stone-drops-the-ball-3053547.php) Mark And Sarah Talk About Songs Ep 073 on the noxious titular end-credits joint by Jamie Foxx (https://art19.com/shows/mark-and-sarah-talk-about-songs/episodes/eedb2037-801b-43d9-9ca3-b2de2e310d2e) Special Guest: David J. Roth.

Le Run Down
#84: Skylar Roth MacDonald - Ultra Runner, Ran Across Canada, Mental Health Awareness

Le Run Down

Play Episode Listen Later Nov 24, 2021 120:06


On this episode of Le Run Down we go across Canada with ultra runner and Mental health advocate, Skylar Roth MacDonald. Skylar loved playing all kinds of sports, playing soccer competitively until concussions forced him to retire. He found his love for ultra running while exploring the Canadian Rockies, and his passion, coupled with the tragic loss of his friends, inspired him to run across the country to raise awareness for mental health. News: https://thetyee.ca/Analysis/2021/11/20/Arrests-in-Wetsuweten/ (The Tyee - ‘We Want Her Out of Jail Today.' RCMP Slammed for Arresting Journalists) https://www.washingtonpost.com/nation/2021/11/17/antonio-may-six-deputies-indicted-murder/ (Washington Post - A man died at an Atlanta jail on ‘Taser Tuesday.' Now six deputies are indicted on murder charges.) https://www.nbcnews.com/news/us-news/police-fired-24-shots-handcuffed-man-why-didn-t-they-n1264887 (NBC News - Police fired 24 shots at a handcuffed man. Why didn't they turn on their body cameras?) https://www.cbc.ca/news/canada/montreal/police-montreal-pepper-spray-mental-illness-health-1.6243500 (CBC - After Montreal police pepper-spray man in mental crisis, advocates call for more training, support) Show: https://runningmagazine.ca/the-scene/meet-skylar-roth-macdonald-the-man-who-ran-across-canada-to-raise-awareness-for-mental-health/ (Meet Skylar Roth-MacDonald, the man who ran across Canada to raise awareness for mental health - Canadian Running Magazine) How to Help: https://blacklivesmatters.carrd.co/ (Black Lives Matter - Ways You Can Help) https://blacklivesmatter-canada.carrd.co/ (Black Lives Matter Canada) https://docs.google.com/document/d/1ZH0xk5FqYJXwymoue-dnjqJEMj3FplF0Om8wdm8HZd0/edit (Montreal-Based Racial Justice Organizations) https://bailfunds.github.io/ (List of American and Canadian Bail Funds) Educational Materials: https://www.reclaimtheblock.org/home/#resources (Reclaim The Block - Resources and Downloads) http://criticalresistance.org/abolish-policing/ (Critical Resistance - Abolish Policing) https://www.youtube.com/playlist?list=PLYn1EYMdFkqnY2I4I8FzaJoGqEGLdHi6v (Critical Resistance - Breaking Down the Prison Industrial Complex video series)

Reaction Time Sports
64 - Buddy or Big Daddy? + NASCAR, WoO & Vikings Victory!

Reaction Time Sports

Play Episode Listen Later Nov 24, 2021 63:32


Happy Thanksgiving! Marc and Mike kick off Thanksgiving week with the newest episode of the Reaction Time Sports Podcast with a little bit of everything. Mike goes all sports on the bit and gives you his hot takes from the Vikings win over the Packers on Sunday. Our better late then never recap of NASCAR Championship weekend at Phoenix. The USAC National Midget Championship comes down to the wire in the final week of the season. A full recap of the racing from out west including the Hangtown 100 and a preview to the Turkey Night Grand Prix this coming Saturday. Big news out of the World of Outlaws tour. Did the Roth #83 find its new driver for 2022? Find out who is the behind the wheel for next season plus a rant on Target parking lots, our favorite Thanksgiving side dishes and much much more on this Holiday edition of the Reaction Time Sports Podcast! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/reactiontimesports/message Support this podcast: https://anchor.fm/reactiontimesports/support

Money Making Sense
Act your WAGE this holiday season

Money Making Sense

Play Episode Listen Later Nov 24, 2021 29:02


Inflation is tightening everyone's wallets -- just in time for the holidays.  McKenzie Walsh, certified personal finance coach with the Fair Credit Foundation has tips on how to make it through this year; including spending within your means. Susan Speirs, the CEO of Utah Association of CPAs, says we need to change our spending behaviors.  Especially as the cost of groceries is nearly triple from just two months ago. You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here. See omnystudio.com/listener for privacy information.

The Power Of Zero Show
My Upcoming Book, Legislative Update and Thoughts on Hyperinflation

The Power Of Zero Show

Play Episode Listen Later Nov 24, 2021 47:48


The situation with the Biden infrastructure plan continues to evolve. Senators Joe Manchin and Krysten Sinema have continued to be obstacles in the Democrats' way from getting the bill passed.  The Democrat caucus has been in disarray and seems to be pulling in different directions. Biden was hoping the bill would pass by having everyone vote before the legislation was written prior to him landing in Rome. Right now, it looks like things are dead in the water including raising tax rates on the rich. The big question is whether the Trump tax code will remain in place until 2026. Joe Biden has expressed his desire to raise taxes on the rich, and the easiest way for him to do that is to simply let them expire. For most Americans, this means that if you want to shift your money from tax-deferred to tax-free, you have just five years left. The fewer years you have to shift your money, the more likely you are to rise into a tax bracket that is going to give you heartburn. Whatever happens in the next week is going to determine how people plan for retirement in a significant way and is going to determine the legacy of the Joe Biden presidency. Will Congress simply change the laws regarding Roth accounts? Not likely. To do so at this point would cause political and economic chaos. The Roth IRA is also one of the accounts that both the federal government and the average American likes. If anything, the government will try to make the Roth IRA even more attractive in order to raise more tax revenue now. David is currently writing a new novel based on the very real threat of the Modern Monetary Theory to America. There is a massive fiscal gap in the US of $239 trillion dollars which is going to have to be dealt with eventually, but the Modern Monetary Theory has been saying the debt is nothing to worry about. Modern Monetary Theory is becoming more in vogue recently with many politicians advocating it as a solution to our economic woes. Inflation is already here. We feel it at the grocery store and in our everyday expenses, but we are just at the tip of the iceberg. There is no question that inflation is coming, but whenever MMT proponents are asked about it, it's never their fault. We have been practicing MMT for decades at this point, and eventually we will get to the point where interest rates begin to rise toward historical averages. When that happens the interest on the debt will consume the federal budget. Social Security, Medicare, and MediCaid are tied by law to inflation, so when money is printed to pay for those programs their cost goes up commensurately. It's not possible to print enough money to solve the issue. Longevity risk is a major concern for all retirees, and one of the ways to mitigate it is with the 4% Rule, or what some economists now call the 3% Rule. The trouble is the rule is a very expensive way to mitigate the risk. The alternative is with a guaranteed income annuity.  The financial industry has accepted the reality of longevity risk and the benefits of annuities in mitigating that risk, but since the standard is to implement that annuity in the tax-deferred bucket it comes with a number of drawbacks and other risks. Some companies allow for piecemeal Roth conversions which allow you to convert that annuity money to tax-free. For people who say annuities are not for them, they aren't going to like Social Security or their company pension plan since they operate exactly the same way. The Power of Zero paradigm basically says that tax rates are going to rise dramatically in the near future, and when you have the majority of your money in tax-deferred accounts like 401(k)s and IRAs, you are at risk. David advocates for five or more streams of tax-free income including the Roth IRA, Roth 401(k), Roth conversions, and LIRP. The LIRP stands out because of its additional features of mitigating long-term care and coming with a death benefit. Very few Americans will be exposed to the estate tax even if it's lowered by Joe Biden. There are strategies you can use to avoid going past that threshold. David's number one tip as a father of seven is that you have to remember to stop and smell the roses along the way. Have a long-term perspective and know there are precious moments that will pass you by. Starting a life insurance policy is like getting married, it only really works if it's until death do you part. You have to make sure you have a list of things in mind when picking a policy. They are long-term contracts so have a long-term perspective when choosing one. Required Minimum Distributions may be impacted by the Secure Retirement Act working its way through Congress right now, but RMDs only affect 20% of Americans since most people will be accessing in excess of their RMD. The death of the stretch IRA is a big deal and puts an emphasis on converting your IRA to tax-free today. Even if you think your tax rate is higher now, it may still be lower than your kid's tax rates in which case you should strongly think about doing Roth conversions today.

Inversionista Gal
Diario IX de una inversionista

Inversionista Gal

Play Episode Listen Later Nov 23, 2021 68:38


En este episodio te comparto en detalle mi diario de inversionista - cuidado personal - fijar metas - practicar la autocompasión y el auto cuidado - estrategias Backdoor ROTH IRA - Rivian (RIVN) Sígueme en las redes sociales @inversionista_gal Matricula abierta para el programa Inversiones FIT en Inversionista Gal Academy.  

Daily | Conversations
Roth Motorsports hires James McFadden for full 2022 Outlaw run, Larson and Elliott racing at Merced | Daily 11-23-2021

Daily | Conversations

Play Episode Listen Later Nov 23, 2021 10:03


The Roth Motorsports World of Outlaws ride has a new driver for 2022, and we'll get into that, plus who else will be full time Outlaws. We'll also preview tonight's USAC and sprint car action at Merced featuring Chase Elliott and Kyle Larson, plus talk the FloRacing Night in America Late Model schedule for 2022 and last night's iRacing World of Outlaws results.

Your Money, Your Wealth
Retirement Spitballing, Social Security, and Hiring & Ghosting Financial Advisors - 353

Your Money, Your Wealth

Play Episode Listen Later Nov 23, 2021 45:27


How does the “Buy, Borrow, Die” strategy of the uber-wealthy work? Stacking capital gains vs. Roth conversions, contributing to a non-deductible IRA vs. a brokerage account, and minimizing tax when a trust is the TSP beneficiary. Also, why delay Social Security to age 70 if you don't need the money, and estimating benefits with a future salary of $0. Finally, can you “ghost” an advisor? Should you hire a financial advisor near you? Show notes, free resources, Ask Joe & Al On Air: https://bizlink.to/ymyw-353

The Millionacres Podcast
Episode #66: SDIRAs with John Bowens of Equity Trust

The Millionacres Podcast

Play Episode Listen Later Nov 23, 2021 57:17


This episode is sponsored by Origin Investments.Today we are diving into all things self-directed IRAs with John Bowens of Equity Trust. John is a senior manager at IRA custodian Equity Trust Company. John draws from his 15 years in the real estate industry and his experience as an active real estate investor. In his travels across the U.S. and virtually, he has trained 50,000 investors during more than 300 workshops and classes, spreading the message about the power of building tax-free wealth and leaving a lasting legacy by investing in what you know best. 0:00 Introduction1:31 Core benefits of SDIRAs5:16 SDIRAs and depreciation8:29 Roth and Traditional IRAs12:08 Rules of investing in IRAs14:38 NFTs and crypto15:44 SDIRA custodians18:09 Managing an SDIRA21:10 Things to look for in a custodian27:26 Investing in crowdfunded real estate deals30:53 Understanding UBIT40:56 The use of passive losses45:15 The impact of tax fear 47:41 Fair market valuation51:06 Potential tax changes 

CBS Eye on Money
At 26-Years-Old, Are We on Track?

CBS Eye on Money

Play Episode Listen Later Nov 23, 2021 19:38


There's nothing better than getting a question from a 26-year-old who wants to know if she's on track for retirement. By the way, she's rocking it. Have a money question? Email us, ask jill [at] jill on money dot com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Talking Real Money
Hidden Index Fund Problem

Talking Real Money

Play Episode Listen Later Nov 22, 2021 37:13


Some small cap index funds may be carrying a high amount of troubled meme stocks. However, active managemt is not likely to be better.Plus, we hear from listeners:Can a retiree contribute to a Roth IRA?What can be done with after tax 401k contributions if the mega-backdoor Roth is eliminated?THE question: Where can money be invested with no price fluctuation?Can a lousy HSA (Health Savings Account) be moved to Fidelity?Tom makes a stock market prediction. (Don hates it).In a recent Third Act Magazine article Don writes that investing is evolutionary not revolutionary.   

Harvester Christian Church
Unleash Hope Near Here | Doyle Roth

Harvester Christian Church

Play Episode Listen Later Nov 22, 2021 28:58


Unleashing the hope of Jesus means talking about the hope of Jesus. In this message, we explore how we shouldn't keep the hope of Jesus to ourselves but why inviting our friends and family to faith is wise and essential. 

Plan Your Federal Retirement Podcast
Ep #39: TSP & Market Volatility: Part 2 - Buckets

Plan Your Federal Retirement Podcast

Play Episode Listen Later Nov 22, 2021 25:48


Today, Tammy and Micah continue to address questions they've been receiving regarding your TSP and market volatility. In this second part of the series, they will focus on giving insight into the strategies they use when planning. (If you haven't tuned in to the first part, head back to check out episode 38 before jumping into this one!) You can find all show notes for this episode at: https://plan-your-federal-retirement.com/39

Financial Symmetry: Cluing You In To Financial Opportunities Missed By Most People

The end of the year is a great time to start tax planning for next year.  Video example: https://youtu.be/lzghkK2iP3Q This week we are discussing the strategies you can utilize to enhance your tax situation before year-end. You'll learn which tools you can use and how the actions you take in one area of your financial life can flow into other areas.   Are you maximizing your retirement account contributions? When considering your pre-tax retirement account contributions there are a couple of aspects that you should consider. These contributions are a great way to reduce your tax burden, but you also need to examine your cash flow.  Do you maximize your employer match? If not, look at your budget to see how you could take advantage of this free money. You could also take your savings a step further to maximize the pre-tax retirement account contribution cap. In 2021, the yearly max was $19,500, but in 2022 that number rises to $20,500.  If you are maximizing your savings, it is important to review whether you are at risk of over-contributing both this year and next. After analyzing the amount that you want to save, then you can consider which account type is best for you to save in.  Harvesting capital losses or capital gains Another tax opportunity is to harvest capital gains and losses. Harvesting capital losses can offset any capital gains that you have realized over the year. This year it may be difficult to find capital losses; however, this is a concept that you can explore so that you can understand how it impacts your tax return. Harvesting capital losses creates an opportunity to reduce your tax burden.  Itemizing vs taking the standard deduction The standard deduction changed in 2017 to $12,500 for singles and $25,100 for married people filing jointly and thus causing 90% of filers to utilize the standard deduction. There are 4 deduction categories to consider when calculating whether to take the standard deduction or to itemize deductions: state and local income taxes, mortgage interest, charitable contributions, and medical deductions. Listen in to learn if you should take the standard deduction or whether it would make sense to itemize, you'll also hear how you could receive a tax benefit of $600 for charitable contributions. Should you utilize Roth conversions? Roth conversions can be an exciting opportunity to take advantage of current tax rates and have your investments grow tax-free. However, you have to be careful about how you take them. The best way to consider whether to make Roth conversions is to zoom out and look at your overall lifetime tax plan.  If you are in a higher tax bracket than you are projected to be in the future then taking a Roth conversion now doesn't make much sense. You also need to consider how taking a Roth conversion now could trigger other events, especially if you are 63 or older. Listen in to hear how doing a Roth conversion at age 63 could trigger an additional Medicare premium.  Outline of This Episode [2:42] Your retirement account contributions [6:00] Harvesting capital losses or capital gains [8:47] Review your deductions [14:23] How to utilize Roth conversions [18:05] Tax withholding for high earners [20:58] Utilize catch-up contributions to supersize your savings [27:50] RMDs are back in 2021 [29:39] Create a checklist of these opportunities Resources & People Mentioned Am I Going to Have to Pay More for Medicare? How an IRMAA Appeal Can Save You Thousands of Dollars in Medicare Premiums Connect With Chad and Grayson https://www.financialsymmetry.com/podcast-archive/  Connect on Twitter @csmithraleigh @TeamFSINC Follow Financial Symmetry on FacebookSubscribe To This Podcast

One Minute Retirement Tip with Ashley
Use Roth Accounts For Penalty-Free Early Withdrawals?

One Minute Retirement Tip with Ashley

Play Episode Listen Later Nov 20, 2021 3:04


The theme this week on the Retirement Quick Tips Podcast is: penalty-free early withdrawals for retirement.  Today, I'm talking about an idea that clients will often bring up and ask about and that is taking withdrawals in retirement from Roth accounts first.  After all, you can always withdraw Roth IRA contributions tax-free and penalty-free, so a lot of clients are like well - why don't I just do that.  I was racking my brain trying to think of a scenario where that would work and I came up blank. Here's why: There's enough flexibility with the early withdrawal rules on retirement accounts that allow for you to tap into these accounts early for an emergency. And even a small withdrawal from your Roth IRA say at age 55 could prove costly later on in life when you miss out on that tax-free growth because you took the money out of your Roth.  Think of your Roth like a castle. The castle has a big wall and a moat and guards at every tower. Nothing should enter to pillage the castle, unless you have no other options left. Allowing the account to grow tax-free for you for as long as possible will help maximize your overall assets and income in retirement, so don't underestimate the powerful growth opportunities of the roth and certainly don't let anything but the last resort be the reason why you withdraw funds from your Roth accounts earlier than you need to.  That's it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.  ---------- >>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Visit the podcast page: https://truenorthra.com/podcast/  ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

The Retirement and IRA Show
Social Security, Roth 401(k) Rollovers, Inherited Roth IRAs, and Roth Conversions: Q&A #2147

The Retirement and IRA Show

Play Episode Listen Later Nov 20, 2021 78:02


Jim and Chris discuss listeners questions relating to Social Security benefits, Roth 401(k) rollovers, inherited Roth IRAs, and Roth conversions. (5:30) A couple of California and Colorado listeners try and provide some clarification on estimating your Social Security benefit with no future estimated earned income. (18:00) A listener aims to provide some insight on rolling […] The post Social Security, Roth 401(k) Rollovers, Inherited Roth IRAs, and Roth Conversions: Q&A #2147 appeared first on The Retirement and IRA Show.

Retirement Boss Radio with Saba Khan-Smith
Ep 38 Financially Fearless This week Saba Khan outlines some potential ways to plan for the taxes of tomorrow.

Retirement Boss Radio with Saba Khan-Smith

Play Episode Listen Later Nov 19, 2021 50:49


Today's retirees have possibly more money than any previous generation – and this could mean they'll also pay the most in taxes. This week Saba Khan outlines some potential ways to plan for the taxes of tomorrow. Visit 1890Wealth.com Call 800-730-3385. 

New Books in American Studies
Tanya L. Roth, "Her Cold War: Women in the U.S. Military, 1945–1980" (UNC Press, 2021)

New Books in American Studies

Play Episode Listen Later Nov 19, 2021 43:31


Tanya L. Roth's Her Cold War: Women in the U.S. Military, 1945–1980 (University of North Carolina Press, 2021) explains that while Rosie the Riveter had fewer paid employment options after being told to cede her job to returning World War II veterans, her sisters and daughters found new work opportunities in national defense. The 1948 Women's Armed Services Integration Act created permanent military positions for women with the promise of equal pay. Her Cold War follows the experiences of women in the military from the passage of the Act to the early 1980s. In the late 1940s, defense officials structured women's military roles on the basis of perceived gender differences. Classified as noncombatants, servicewomen filled roles that they might hold in civilian life, such as secretarial or medical support positions. Defense officials also prohibited pregnant women and mothers from remaining in the military and encouraged many women to leave upon marriage. Before civilian feminists took up similar issues in the 1970s, many servicewomen called for a broader definition of equality free of gender-based service restrictions. Tanya L. Roth shows us that the battles these servicewomen fought for equality paved the way for women in combat, a prerequisite for promotion to many leadership positions, and opened opportunities for other servicepeople, including those with disabilities, LGBT and gender nonconforming people, noncitizens, and more. Jane Scimeca is Professor of History at Brookdale Community College. You can watch Professor Scimeca's YouTube channel on Women's History here.  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies

New Books in History
Tanya L. Roth, "Her Cold War: Women in the U.S. Military, 1945–1980" (UNC Press, 2021)

New Books in History

Play Episode Listen Later Nov 19, 2021 43:31


Tanya L. Roth's Her Cold War: Women in the U.S. Military, 1945–1980 (University of North Carolina Press, 2021) explains that while Rosie the Riveter had fewer paid employment options after being told to cede her job to returning World War II veterans, her sisters and daughters found new work opportunities in national defense. The 1948 Women's Armed Services Integration Act created permanent military positions for women with the promise of equal pay. Her Cold War follows the experiences of women in the military from the passage of the Act to the early 1980s. In the late 1940s, defense officials structured women's military roles on the basis of perceived gender differences. Classified as noncombatants, servicewomen filled roles that they might hold in civilian life, such as secretarial or medical support positions. Defense officials also prohibited pregnant women and mothers from remaining in the military and encouraged many women to leave upon marriage. Before civilian feminists took up similar issues in the 1970s, many servicewomen called for a broader definition of equality free of gender-based service restrictions. Tanya L. Roth shows us that the battles these servicewomen fought for equality paved the way for women in combat, a prerequisite for promotion to many leadership positions, and opened opportunities for other servicepeople, including those with disabilities, LGBT and gender nonconforming people, noncitizens, and more. Jane Scimeca is Professor of History at Brookdale Community College. You can watch Professor Scimeca's YouTube channel on Women's History here.  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history

New Books Network
Tanya L. Roth, "Her Cold War: Women in the U.S. Military, 1945–1980" (UNC Press, 2021)

New Books Network

Play Episode Listen Later Nov 19, 2021 43:31


Tanya L. Roth's Her Cold War: Women in the U.S. Military, 1945–1980 (University of North Carolina Press, 2021) explains that while Rosie the Riveter had fewer paid employment options after being told to cede her job to returning World War II veterans, her sisters and daughters found new work opportunities in national defense. The 1948 Women's Armed Services Integration Act created permanent military positions for women with the promise of equal pay. Her Cold War follows the experiences of women in the military from the passage of the Act to the early 1980s. In the late 1940s, defense officials structured women's military roles on the basis of perceived gender differences. Classified as noncombatants, servicewomen filled roles that they might hold in civilian life, such as secretarial or medical support positions. Defense officials also prohibited pregnant women and mothers from remaining in the military and encouraged many women to leave upon marriage. Before civilian feminists took up similar issues in the 1970s, many servicewomen called for a broader definition of equality free of gender-based service restrictions. Tanya L. Roth shows us that the battles these servicewomen fought for equality paved the way for women in combat, a prerequisite for promotion to many leadership positions, and opened opportunities for other servicepeople, including those with disabilities, LGBT and gender nonconforming people, noncitizens, and more. Jane Scimeca is Professor of History at Brookdale Community College. You can watch Professor Scimeca's YouTube channel on Women's History here.  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

The Distraction: A Defector Podcast
Do You Dare Confront the Squircle? (with Seth Wickersham)

The Distraction: A Defector Podcast

Play Episode Listen Later Nov 18, 2021 48:46


ESPN's Seth Wickersham joins Drew and Roth to discuss Tom Brady, NFL owners, and the best parts of elementary school. Plus, questions from the (not weirdly wet) Funbag! Wickersham's book, It's Better to Be Feared, is available now everywhere books are sold. Visit Defector.com. See omnystudio.com/listener for privacy information.

CBS Eye on Money
How to Prioritize Savings Goals

CBS Eye on Money

Play Episode Listen Later Nov 18, 2021 17:52


Young family living in a new city with new jobs, what should the priorities be in terms of getting on track and saving for retirement? Have a money question? Email us, ask jill [at] jill on money dot com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

WorkParty
Social Impact: How Kelly Breakstone Roth Is Building a For-Profit Business That Pays It Forward

WorkParty

Play Episode Listen Later Nov 17, 2021 32:51


When people think of social impact, they think of nonprofits. But you can be a for-profit business that pays it forward. Just ask Kelly Breakstone Roth. As the Co-Founder of The Nopo, she's building a business that delivers handmade wares from around the world to your door—and supports artisans in the process. I'm so excited to chat with Kelly about how she launched a global e-commerce business in the midst of a pandemic that stressed supply chains around the world (!). We're going to dive into how she identifies the artisans she works with, what it really takes to set and maintain ethical, fair-trade standards, and why a for-profit business model was right for The Nopo. So, let's get into it. Welcome to WorkParty, Kelly! To join the WorkParty click HERE To connect with Kelly Breakstone Roth click HERE To connect with Jaclyn Johnson click HERE To learn more about The Nopo click HERE To follow along with Create & Cultivate click HERE To submit your questions call the WorkParty Hotline: 1-(833)-57-PARTY (577-2789) This episode is brought to you by: Keurig • Keurig K-Supreme Plus SMART Brewer is available at Keurig.com and all major retailers.  printfresh • Head to printfresh.com and use code PARTY for 15% off your first order. Olive&June- Visit OliveandJune.com/WorkParty and use code workparty for 20% off your first Mani System! Produced by Dear Media

Retirement Answer Man
Reflections on the Retirement Scene

Retirement Answer Man

Play Episode Listen Later Nov 17, 2021 24:34


We often have monthly themes to guide the topics of this show, but this month on Retirement Answer Man we are doing a bit of a mishmash. Today I want to share some thoughts I had on retirement in general and answer a few retirement questions. As you listen, think about which topics apply to you and your situation and see if you can come up with actions that can get you closer to your retirement goals.  Overcoming frugality can be a challenge After decades of saving your money and delaying gratification, suddenly letting loose to spend money on the things that make you happy may not come easy. If you have been a diligent saver over the years, you may find it challenging to shift from a saving mindset to a spending mindset especially when that mindset shift is timed with the loss of income from your human capital.  The good news is that shifting to a spending mindset doesn't need to happen like flipping on a light switch. This is a gradual change that can occur slowly. One way to help yourself become more open to spending is to construct a framework to help you make decisions. Becoming a new version of yourself takes time. Give yourself grace and time to make change happen.  Retirement planning is complicated If anyone ever tells you that they have all the answers to retirement planning, run in the other direction. This is because no one can ever have all the answers to something so complicated as retirement planning. The way I like to go about planning is by organizing decisions under 3 separate categories.  Are your dreams feasible? Consider the life you want and whether it is feasible given your resources. This means that you need to consider your values and what you really want. Next, you'll want to discuss it with your spouse if you are married and run the numbers to see if your dreams are truly feasible. Is your plan resilient? The winds of change will come and they could take many forms. They could come in the form of inflation, uncooperative markets, death, or healthcare bills. Having a resilient plan will help you stay the course that you set. Ways that you could make your retirement plan resilient could be through cash flow planning, matching your assets, and managing your risks in an organized way.  Can your plan be optimized? Optimization is a way to enhance your journey. Tax planning, asset allocation, Roth conversions, ACA credits, and Medicare decisions all fall under the category of optimization. These are ways that you can enhance your plan to improve it. However, it is important to remember that these are the extras, not the plan itself.  Organize your retirement planning to stay on track By organizing your retirement planning under these 3 pillars you can ensure that you aren't letting the tail wag the dog. Having an organized way to deal with your retirement plan will ensure that you aren't missing out on an aspect of retirement that could have a major impact on your life.  Make sure to stick around for the listener questions segment of the show. You'll hear me answer questions on how to calculate modified adjusted gross income to include capital gains and I'll even respond to a recent critique that I had from one listener.  OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN REFLECTIONS ON RETIREMENT [4:35] Overcoming frugality is a challenging thing for many recent retirees [6:50] Retirement planning is complicated LISTENER QUESTIONS [13:07] Modified Adjusted Gross Income  [16:33] My response to Janet's critique [18:57] Otto's comments on a recent question I answered TODAY'S SMART SPRINT SEGMENT [22:28] Think about something that you need to undo Resources Mentioned In This Episode Rock Retirement Club Roger's YouTube Channel - Roger That BOOK - Rock Retirement  by Roger Whitney Work with Roger Roger's Retirement Learning Center

Extra Hot Great
381: Analyzing The Shrink Next Door

Extra Hot Great

Play Episode Listen Later Nov 17, 2021 102:36


Returning guest Dave Roth got on the couch with us for The Shrink Next Door, the Apple TV adaptation of the Wondery podcast of the same name. We discussed the pacing, whether the show needed more jokes and less attention to production-design details, and the very obviously not New York light on the outdoor sets. Did true-crime "expert" Buntsy feel differently from the rest of the panel? Later, we went Around The Dial with Yellowjackets, SNL, Evil, and The Curse Of Von Dutchbefore popping on our fezzes for a Lodge 49 Canon submission from Lisa. Annie Live! won, Terry Crews lost, and we tried to keep it 100 with some creative arithmetic in Game Time. Bail on your second bar mitzvah early and listen to an all-new Extra Hot Great.Show TopicsThe Shrink Next DoorATD: YellowjacketsATD: Saturday Night LiveATD: EvilATD: The Curse Of Von DutchThe Canon: Lodge 49 S01.E03: CorpusWinner and Loser of the WeekGame Time: Keeping It 100Show NotesDavid J. Roth at Defector.comThe Distraction podcastThe It's Christmastown podcast with Jeb LundTara on Frayed S02 for DeciderTara's SNL recap at VFThe USAQS PatreonSarah's Von Dutch review on Best EvidenceSubscribe to Quaid In Full for even more Roth and Lund in our S05 finalePhoto: Apple TV+DiscussionTweet at us @ExtraHotPodcast on TwitterWe are @ExtraHotGreat on InstagramSupport EHG on PatreonThe EHG gang have been recording this podcast for almost a decade now. In podcasting terms, that makes us positively Methuselahian. Since the start of EHG, our listeners have asked if we had a tip jar or donation system and we'd look at each other and say surely that is a joke, people don't pay other people to do podcasts. We'd email them back "Ha ha ha, good one, Chet" and go about our business. Now we are told this is a real thing that real nice people do. Value for value? In today's topsy turvy world? It's madness but that good kind of madness, like when you wake up at 3:15am and clean your house. Or something. In all seriousness, we are humbled by your continued prodding to get a Patreon page up for EHG and here it is! Extra Hot Great on Patreon See acast.com/privacy for privacy and opt-out information.

Your Business Your Wealth
215 - Risky Zillow, Risky Crypto and Why do they hate ROTH?

Your Business Your Wealth

Play Episode Listen Later Nov 17, 2021 31:41


Topics Covered: For full show notes visit: https://sfgway.com/ep215 Subscribe and click the bell on Youtube and Facebook to become notified when Paul and Cory go live next. This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation. Sound Financial Inc. dba Sound Financial Group is a registered investment adviser.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions. This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results. Each week, the Your Business Your Wealth podcast helps you Design and Build a Good Life. No one has a Good Life by default, only by design. Visit us here for more details: yourbusinessyourwealth.com 2021 Sound Financial Inc. yourbusinessyourwealth.com Podcast Produced by Greater North Productions LLC

The Power Of Zero Show
Updated Tax Thresholds for 2022 AND Is the Biden Tax Plan Really Cost Neutral?

The Power Of Zero Show

Play Episode Listen Later Nov 17, 2021 18:49


Joe Biden has talked about how his tax plan is cost neutral, where the increases in taxes on the wealthiest Americans will offset the costs. Maya MacGuineas recently took a look at the numbers to find out if that's true. The Build Back Better Act is set to cost $2.1 trillion as it's currently written. It relies on a number of sunsets and expirations to keep the costs down. If the plan's temporary policies were made permanent, the costs would increase by an additional $2.2 trillion. When the federal government is trying to make a bill seem cost neutral, they often build expiry dates into the legislation, knowing full well that Americans will get hooked on those programs and then demand they be renewed. This makes the cost of the program appear lower and much more palatable on the front end. The Build Back Better Act has several such gimmicks built into it including extending the child tax increase, the earned income tax credit, and setting universal Pre-K and childcare to expire after six years. These are things that are likely to be around for the long term. The most expensive provision would cost roughly $1 trillion to make permanent. Universal Pre-K and childcare subsidies would cost over $400 billion a year when combined if extended beyond their expiration dates. As written, the Build Back Better Act will increase the deficit by $800 billion over the first five years and then taper off from there for a net additional cost of $2.2 trillion. If the legislation were made permanent without additional taxation, it would add nearly $1.5 trillion to the deficit over five years and increase the total debt by $3 trillion by 2031. The Build Back Better Act relies on short-term policies and arbitrary expiration dates to lower the cost. This allows the government to present the bill as cost neutral, although any extensions will have to be funded by debt. History serves as a model, and it's fairly likely that those short-term programs will become permanent in time. The tax rules have recently been updated for 2022. Because of higher than usual inflation in 2021, the index for inflation has increased as well. The standard deduction has modestly increased from $25,100 to $25,900 for married couples. The personal exemption is not coming back until 2026. Under the current law, the standard deduction will be reduced when the personal exemption returns and will end up with a net neutral effect. Capital gains tax rates remain the same, but the tax brackets are changing. The federal state tax exemption for decedents dying in 2022 will increase to $12.06 million per person. The gift tax exclusion jumps from $15,000 in 2021 to $16,000 in 2022. The Roth IRA is not changing to adjust for inflation because that would require an act of congress. 401(k) contribution limits are being adjusted alongside Roth 401(k) and 403(b) plans. Roth income limits will go up slightly in 2022 from $204,000 to $214,000. This is something that should definitely be changed because the cost of living is not the same all over the country. There has been no change to the provisional income thresholds. If inflation continues to go up and Social Security is increased to keep up, there are going to be more people that bump into Social Security taxation.

WorkLab
188%: The Rise of the Creator Economy

WorkLab

Play Episode Listen Later Nov 17, 2021 15:07


Why should business leaders pay attention to the creator economy? The latest episode of the WorkLab podcast features Daniel Roth, editor in chief at LinkedIn, who's been tracking the power of creators' content on the platform. Roth explains what the creator economy is and why it's growing; CB Insights found that creator-focused companies reaped 188 percent more funding in the first half of 2021 than in all of 2020. Eyes are on creators, and Roth says that employers should embrace and encourage them. We also talk with Temi Ibisanmi, a media campaign manager at Microsoft, who shares the story of how he became a digital creator while maintaining a corporate job, and the positive effects it's had on his career. WorkLab site and transcript of this episode The Creator Economy Explained: How Companies Are Transforming The Self-Monetization Boom - CB Insights Research Finding Sparks in Darkness: Radical creativity in the COVID-19 era Want to Improve Your Performance? Start with Your Mindset Listen and follow to other Microsoft podcasts at aka.ms/microsoft/podcasts

CBS Eye on Money
What to Do With Remaining Rental Income?

CBS Eye on Money

Play Episode Listen Later Nov 16, 2021 23:38


Knowing that you have seven more months of rental income at $2,400 per month, where should you be directing the cash? Have a money question? Email us, ask jill [at] jill on money dot com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Driving for Dollars Mastery
48 - Infinite Returns - The Hidden Tax Free Strategy to Generate Explosive Profits in Your Real Estate Business

Driving for Dollars Mastery

Play Episode Listen Later Nov 15, 2021 24:29


Chris Miles learned to become a financial advisor while trying to create his own business. After that, he learned about the opportunities in real estate through a friend, some books, and podcasts. Now, he teaches other people to achieve financial independence. In this episode, Chris walks us through his journey to financial independence, and we talk about a system where you can grow your money without giving much of it away. Chris also breaks down hypothetical situations to better illustrate the advantages of subscribing to this system, briefly going over the different ways one can invest in real estate. Key Takeaways Invest your money BEFORE taxes Utilize your life insurance as tax-free supercharged savings accounts Roth IRA versus Roth 401k What you need to know about investing in insurances Let your money work for you Resources Driving For Dollars Mastery Money Ripples Roth IRA Book by  Ph.D. Gobind Daryanani

Heather Dubrow's World
24 Hour Gayover: Heather experiences a one of a kind layover with Ravi Roth

Heather Dubrow's World

Play Episode Listen Later Nov 12, 2021 66:54


Grab your suitcase and take a trip with Heather and Ravi Roth as they catch up and recount traveling in the days of corona--hint: it's not peaceful. This dynamic duo gets into the nitty and not so pretty parts of traveling with others in tow and discuss why dieting while on vacation is a borderline criminal offense. Plus, have you ever snuck into a first class lounge? Ravi sure did and he lived to tell the tale... Please support the show by checking out our sponsors! Bonafide: Go to HelloBonafide.com and use code HEATHER to save 20%. Travis Mathew: Visit TravisMathew.com/radio today for 20% off your next purchase when you use the code HEATHER20 at checkout. Chinet: Spruce up your party and learn more at MyChinet.com

BiggerPockets Money Podcast
248: Finance Friday: I Just Got a Big Raise, What Should I Do With the Money?

BiggerPockets Money Podcast

Play Episode Listen Later Nov 12, 2021 85:00


Your late 20s through early 30s can be a financially troubling part of life. You aren't making the most money you ever will, but you're tackling big expenses. A wedding, a down payment, and trying to max out retirement accounts can put you in a financial tizzy. But, it doesn't have to be so complicated, especially if you stick to a scalable investment strategy.Today's guest Louise is in this position. She recently changed employers and found herself with a big uptick in monthly income. She has plans on the horizon to marry her girlfriend but knows this will come at the cost of many thousands of dollars (rings, dresses, etc.) She's also looking at buying a primary residence, but is already familiar with the home buying experience (she has two rentals!) Louise has a plan to hit FI (or at least coast FI) by age 40 and wants to know the best way to optimize her finances to do so. Scott and Mindy have a healthy debate over 401ks, Roth IRAs, refinancing rental properties, and combining finances as partners, in order to get Louise in the best position possible to tackle her financial goals. In This Episode We CoverWhy switching jobs may be the ultimate hack to getting a better salary Whether you should max out your Roth, 401k, Roth 401k, or HSAGetting a cash-out-refinance instead of stockpiling cash Whether or not paying off a rental property mortgage is a good ideaRenting vs. buying when living in an expensive market Combining finances as a couple and having the ever-important “money date”And So Much More!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Getting Curious with Jonathan Van Ness
How Can We Put The “I” In LGBTQIA+? with Alicia Roth Weigel

Getting Curious with Jonathan Van Ness

Play Episode Listen Later Nov 10, 2021 50:36


Have you ever met a redhead? Someone with green eyes? Someone with intersex traits? If you answered yes to the first two questions, you can likely answer yes to the third: being intersex is as common as having red hair or green eyes. And that's almost definitely an undercount. This week, Alicia Roth Weigel lays out what it means to have intersex traits, why so many intersex children face medical abuse, and what justice looks like for intersex people.Alicia Roth Weigel is a Forbes and New York Times published change agent, working to improve the political and social landscape for marginalized populations in the South through her consulting firm Intrepida Strategy. As a Human Rights Commissioner for the City of Austin, she has contributed to legislation to reduce sexual assault and human trafficking, mandate paid sick leave and abortion funding, decriminalize and alleviate homelessness, and target other social determinants of health. Most notably, Alicia continually advocates for the rights of intersex people like her, for which she was awarded the Ceci Gratias Guardian Award by the Austin LGBT Chamber of Commerce in 2019. Alicia is committed to fostering body autonomy and culturally competent healthcare for all.Make sure to follow Alicia on Instagram and Twitter @xoxy_alicia.Transcripts for each episode are available at JonathanVanNess.com.Check out Getting Curious merch at PodSwag.com.Listen to more music from Quiñ by heading over to TheQuinCat.com.Jonathan is on Instagram and Twitter @JVN and @Jonathan.Vanness on Facebook.