Podcasts about Roth IRA

Don answers a diverse collection of listener questions covering Roth conversions, indexed annuities, emergency fund management, TSP contributions, inherited money, and portfolio construction. He delivers a forceful warning about indexed annuities and commission-driven insurance sales after one listener considers using an annuity bonus to offset Roth conversion taxes. Other questions explore whether short-term bond funds belong inside a Roth IRA, how much attention investors should pay to taxes, investing a potential $200,000 windfall, Roth versus traditional TSP contributions, and Paul Merriman's popular Two-Fund for Life strategy. Along the way, Don shares his appreciation for readers of The Line Uncrossed and reminds listeners how to submit questions through the new Talking Real Money website.0:05 Summer question slowdown, Friday Q&A format, and submitting questions through the new website1:41 Listener asks about using an indexed annuity bonus to help fund a Roth conversion3:14 Why indexed annuities are often misleading and how insurance commissions create conflicts5:01 The risks of moving an entire retirement portfolio to cash at retirement6:30 Why a comprehensive fiduciary financial plan may be essential for this listener8:16 Question about holding VFSTX as part of an emergency fund strategy10:36 Why taxes are often a minor concern compared with investment allocation11:03 Why a short-term bond fund may not belong inside a 42-year-old's Roth IRA12:17 Balancing growth, risk tolerance, and liquidity needs13:22 TSP lifecycle funds, Roth contributions, and planning for a possible $200,000 windfall15:03 Separating travel money from long-term investment assets16:09 Paul Merriman's Two-Fund for Life strategy17:38 The role of small-cap value funds alongside target-date funds18:13 Fama-French factor investing and the tradeoff between simplicity and optimization19:15 Closing thoughts on listener questions and participation20:26 What makes a fiduciary advisor different from a commissioned salesperson21:13 Update on The Line Uncrossed and request for listener reviewsQuestions? Comments? Click!

Join Kelley Slaught, owner and CEO of California Wealth Advisors, as she shares insights on retirement income planning, tax strategies, estate planning, and navigating the complexities of retirement finances. Kelley also discusses a proactive approach with inflation during the retirement years. Learn how to avoid common blunders and create a tailored plan for a secure financial future. 800-810-8060 California Wealth AdvisorsSee omnystudio.com/listener for privacy information.

Robert Dow buys and sells raw land across Texas and Oklahoma — mostly sight unseen, almost entirely through direct mail. It's a lean operation built on a simple idea: take infrastructure you already have and point it at a new market. In this conversation, we get into his direct mail philosophy (why novelty beats clever copywriting, why your letter should be about the reader and not you), how he thinks about capital structure and tax efficiency, and his take on AI — that it's a powerful tool but not a durable moat. The edge still comes from domain expertise and knowing immediately which option is worth keeping. We also get into personal finance: a self-directed Roth IRA structure that's quietly been one of his best investments, and why most founders shouldn't be doing private deals. Guest: Robert Dow, founder of Remarkable Land Sponsor: [wayfront.com/tmba](wayfront.com/tmba) Thanks to this week's sponsor Wayfront — the AI-ready operating system for productized agencies. One client portal. One team dashboard. All your data, AI-accessible. TMBA listeners get an extra free month on top of the trial at wayfront.com/tmba. Links: Dan Kennedy — The Ultimate Sales Letter Seth Godin — Purple Cow Seth Godin — Linchpin Al Ries & Jack Trout — The 22 Immutable Laws of Marketing Al Ries — Focus John Ruhlin — Giftology Donald Miller — Building a StoryBrand Aaron Ross — Predictable Revenue Chris Voss — Never Split the Difference Robert Cialdini — Influence Alex Hormozi — $100M Offers Jack Carr — The Terminal List Andy Weir — Project Hail Mary Andy Weir — The Martian Cormac McCarthy — The Road Business Resources Upcoming DC Events

Learn what the AI IPO boom could do to reshape your index funds and how to fund years of grad school with no income. With SpaceX set to debut as the biggest IPO in history — and OpenAI and Anthropic filing to follow — what does this landmark moment in the markets actually mean for your portfolio? Senior news editor Rick VanderKnyff and investing writer Sam Taub join hosts Sean Pyles, CFP®, and Elizabeth Ayoola to break down the latest AI IPO news. They discuss what makes SpaceX's offering the largest public offering ever, what the historical track record of IPOs says about buying in at the opening price, and a quietly consequential change to index fund inclusion rules that could leave passive investors with a far bigger stake in mega-cap AI companies than they anticipated. They also explain what direct indexing is and how it could give you more control over what lands in your portfolio. How do you manage your money when you're leaving a career to spend up to three years in graduate school with no income? Sean and Elizabeth tackle a listener's detailed, multi-part question about funding a $117,000 occupational therapy doctorate. They explore whether a Roth IRA conversion could be a smart way to capitalize on low-tax years before graduation, what the new federal student loan borrowing caps under the One Big Beautiful Bill Act mean for graduate students' funding plans, how deferring an existing $17,000 in student debt could play out over time, and what to weigh before earning money on the side while in school. Subscribe to our podcast's free email newsletter for bonus content and more from our hosts at https://smartmoney-nerdwallet.beehiiv.com/  Sign up for MoneyNerd, NerdWallet's free weekly newsletter, for tips on watching the 2026 World Cup for free: https://moneynerd-nerdwallet.beehiiv.com/  What Is the New Repayment Assistance Plan (RAP) for Student Loans? https://www.nerdwallet.com/student-loans/learn/what-is-the-new-repayment-assistance-plan-rap-for-student-loans  Direct Indexing: What It Is, How It Works https://www.nerdwallet.com/investing/learn/direct-indexing  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 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

Roth IRAs can be a powerful retirement planning tool, but they come with some surprisingly confusing rules. In this episode, David breaks down the two different Roth IRA five-year rules and explains why they have almost nothing to do with each other. Learn how withdrawals are taxed, when the 10% early withdrawal penalty may apply, and why Roth conversions could create unexpected complications for some younger investors. David also shares practical tips for tracking conversions to help you avoid costly mistakes when managing multiple retirement accounts.   Here's some of what we discuss in this episode:

One day you're comparing Roth IRA options. The next you're helping Mom navigate long-term care paperwork, fighting with a bank over a power of attorney document, and wondering how anyone manages all this without losing their sanity.Welcome to the world of financial caregiving.Today, certified financial planner and financial journalist Beth Pinsker joins us to share the lessons she learned while helping manage her mother's finances during a health crisis. From powers of attorney that don't always work when you need them to the surprising warning signs that an aging parent may need help, Beth offers practical advice every family should hear before an emergency arrives.Then in our headline segment, a blast from the financial past: unconventional mortgages are making a comeback. Are these products helping qualified borrowers who don't fit the traditional mold—or are we seeing early warning signs of the next lending problem?Plus, Doug celebrates the legacy of Ray Charles with today's trivia challenge.In Today's EpisodeWhy financial caregiving is far more complicated than most families expectThe paperwork Beth wishes she'd completed before her mother's medical emergencyHow power of attorney works—and why it may not work as smoothly as you thinkWarning signs that a parent may be struggling financially or cognitivelyThe surprising problems created by passwords, two-factor authentication, and modern banking systemsWhy trusted contacts, healthcare proxies, and emergency document folders matterCommon family conflicts that emerge during caregiving and estate settlementWhether today's unconventional mortgages should worry homebuyersThe important differences between today's lending environment and 2008Ray Charles trivia from DougOur GuestBeth PinskerBeth Pinsker is an award-winning financial journalist, Certified Financial Planner™, and author of My Mother's Money: A Guide to Financial Caregiving. Through both her professional expertise and personal experience, Beth helps families prepare for the financial realities of caring for aging loved ones.Mentioned In Today's ShowMy Mother's Money: A Guide to Financial Caregiving by Beth PinskerLong-term care insuranceFinancial power of attorneyHealthcare proxy documentsTrusted contactsEstate planning basicsNon-conforming mortgagesRay CharlesDoug's TriviaWhich Ray Charles hit became an official state song?Better Call Saul...Sehy & OGWhat financial caregiving preparations have you already completed—and which ones are still sitting on your to-do list?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Morgan Stanley manages trillions — and it's now putting Bitcoin in front of clients. Amy Oldenburg runs the firm's digital asset strategy, and she joins Natalie Brunell to break down what Wall Street actually sees in Bitcoin, why the price has been stuck, and what could finally move it. She also explains how much Bitcoin Morgan Stanley tells clients to own, why most financial advisors still aren't on board, and her honest take on where the price goes over the next 5 years. Topics: Why a 26-year Wall Street veteran embraced Bitcoin How much Bitcoin Morgan Stanley recommends owning Why Bitcoin is stuck even as the banks pile in What could spark the next big move Her real 5-year and 10-year Bitcoin outlook Why "all crypto is the same" is a costly mistake Amy Oldenburg is Head of Digital Asset Strategy at Morgan Stanley. Connect with her on LinkedIn.  ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU  --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Earn up to 4% back in sats on everyday purchases like gas and groceries. Sign up today https://www.gemini.com/natalie  ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $10 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie  ---- Abundant Mines is a fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting: AbundantMines.com/Natalie ---- Natalie's Bitcoin Product Partners: Check out my favorite lightning wallet and trivia app Speed Wallet. If you're a business, let Speed help you accept BTC like they did for Steak 'n Shake! Visit http://speed.app/natalie/ and use code COINSTORIES10 for 5,000 free sats Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 10% off using code STORIES at https://bitkey.world   Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie  With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie  Natalie's Upcoming Events: Join us for the biggest Bitcoin conference in Europe at BTC Prague this June 10-13 with a keynote from Michael Saylor, Code HODL for discounted passes: https://btcprague.com/  The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL    Extra Services to Consider: Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie   Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie  ---- This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

When it comes to retirement savings, Roth IRAs are among the most powerful tools for achieving tax diversification and financial flexibility. Knowing how and when to tap into your Roth IRA can make a tremendous difference in optimizing your tax situation, ensuring income over the years, and even establishing a valuable legacy for your heirs. On the podcast this week, we're digging into the strategic considerations around Roth IRA withdrawals, covering timing, special scenarios, tax rules, and advanced planning for both your retirement and your family's future.   Roth IRA Withdrawal Rules Before you even think about crafting a withdrawal strategy, it's essential to understand the rules that govern Roth IRA distributions:   Contributions: The money you contribute to your Roth IRA can be withdrawn at any time, free of taxes and penalties. This is because you've already paid taxes on these funds. Earnings (Growth): The gains in your Roth IRA—the earnings on your contributions—are subject to stricter rules. To withdraw these growth dollars tax- and penalty-free, you generally must: Be at least 59½ years old. Have held the Roth IRA for at least five years Roth IRAs offer unique flexibility since they aren't subject to required minimum distributions (RMDs) during the account owner's lifetime, allowing for long-term, strategic use.   Timing Your Withdrawals: Three Key Life Phases Pre-Retirement Flexibility Withdrawing from your Roth IRA before retirement isn't common, but certain life events may make it necessary. Common scenarios include college costs not fully covered by a 529 plan, job loss or layoff, with the Roth IRA serving as an emergency fund if you lack other options, or a first-time home purchase, with special provisions allowing up to $10,000 of earnings to be withdrawn penalty-free for this purpose. While, ideally, your Roth contributions keep compounding for retirement, knowing that you can access them penalty-free if needed provides valuable peace of mind—especially for younger savers balancing competing priorities. Strategic Retirement Withdrawals Once you reach retirement, timing and tax strategy become crucial. Most advisors recommend tapping taxable brokerage and pre-tax accounts (like traditional IRAs or 401(k)s) first, saving Roth IRA withdrawals for years when you need extra flexibility. Scenarios where a Roth withdrawal is especially powerful include when you want to avoid higher tax brackets or Medicare surcharges, or you want to maximize healthcare subsidies. Withdrawing from your Roth IRA rather than from pre-tax accounts can help keep income below the "cliff" and preserve valuable subsidies. Careful coordination, often with personalized modeling or tax projections, ensures you maximize lifetime tax efficiency—not just minimize taxes in a single year. Legacy and Heir Planning For many, the ultimate goal is to leave a financial legacy. The Roth IRA shines here because withdrawals by beneficiaries are tax-free, although subject to a 10-year withdrawal rule for most non-spouse heirs. By positioning the Roth IRA as a legacy asset, you create flexibility for both yourself and your beneficiaries while minimizing future tax headaches.   Why a Personalized Withdrawal Strategy Matters Retirement income planning is complex, with countless moving parts: tax brackets, healthcare premiums, surprise expenses, and more. The accumulation phase may seem simpler, but the drawdown phase is where careful coordination—and making the most of your Roth IRA—ensures long-term success and peace of mind. Detailed, personalized planning is the key to maximizing your savings and retiring with confidence.   Outline of This Episode [01:08] Roth IRAs will likely be used for withdrawals eventually, but not typically first  [03:54] Why you might make pre-retirement withdrawals [06:08] Roth IRA withdrawals in retirement [08:00] Managing withdrawals to optimize taxes [12:19] Managing pre-tax and after-tax accounts [14:55] Personalized financial planning and tax strategies   Resources & People Mentioned The Retirement Podcast Network Roth Conversion by the Decades, Ep #171  Which Roth Account Is the Right Scoop for You? Ep #245 Your Retirement Secret Weapon: The Mega Backdoor Roth, Ep 144    Connect With Chad and Cameron https://www.financialsymmetry.com/podcast-archive/  Connect on Twitter @csmithraleigh @TeamFSINC Follow Financial Symmetry on Facebook   Subscribe To This Podcast   Apple Podcasts Stitcher Google Play  

This week on Ask Farnoosh, we're tackling some of life's biggest financial decisions—from navigating a major income gap in a relationship to deciding whether a promising restaurant venture is worth the investment. Plus, what should you prioritize when you're trying to save for a home while also preparing for retirement?Farnoosh answers listener questions about maintaining financial independence before marriage, evaluating a potential angel investment opportunity, choosing between a brokerage account and a traditional IRA, finding trustworthy financial advice, and building a down payment fund in a high-cost housing market. She also shares resources for managing healthcare costs and weighs in on whether married couples should file taxes jointly or separatelyBefore the mailbag, Farnoosh breaks down the latest jobs report, explains why a strong labor market may keep the Federal Reserve on hold when it comes to interest rates, celebrates National Donut Day, and sounds off on a teen financial literacy competition that may be testing the wrong skills altogether.Listener questions include:How do we manage money fairly when one partner earns significantly more?Should we invest in a chef friend's new restaurant?Is it better to file taxes jointly or separately?How can I save for a house down payment faster?Should I open a traditional IRA or a brokerage account if I earn too much for a Roth IRA?How do I find a financial advisor I can trust?What resources can help consumers navigate healthcare costs?Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Want to build tax-free wealth even if your income is too high for a Roth IRA? In this episode, Mindy Jensen and Scott Trench are joined by CPA's Amanda Han and Matt MacFarland. They break down the Backdoor Roth IRA and Mega Backdoor Roth strategies step-by-step. You'll learn how the Backdoor Roth works, how to avoid costly tax mistakes, how the pro-rata rule can impact your conversion strategy, and when the Mega Backdoor Roth may allow you to contribute tens of thousands of additional dollars to Roth accounts each year. Whether you're pursuing FIRE, optimizing your retirement accounts, or looking for advanced tax planning strategies, this episode covers everything you need to know. Connect with Amanda Han and Matt MacFarland Website: https://www.keystonecpa.com/pages/about-us Instagram: https://www.instagram.com/amanda_han_cpa/?hl=en To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney  Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you're starting. Let's get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

Don records through a booming Florida thunderstorm while tackling five listener questions. He discusses a thoughtful strategy for using a UTMA account to teach investing and potentially fund a future Roth IRA, then provides a detailed overview of what goes into a true financial plan, including cash flow analysis, insurance, estate planning, tax strategy, retirement projections, and investment management. Another listener asks about investing for a long life, prompting Don to explain why maintaining a diversified portfolio and spending less than portfolio growth are the keys to retirement sustainability. He also addresses when retirees might safely move from a 4% withdrawal rate toward 5%, emphasizing flexibility over rigid rules. The episode concludes with a discussion of HSAs, explaining why they are often better spent during retirement rather than left to non-spousal heirs, who may face less favorable tax treatment.0:04 Florida thunderstorm opening and update on the new podcast website and question system2:35 Using a UTMA account as a teaching tool, harvesting gains for a child, and eventually funding a Roth IRA4:47 What a comprehensive financial plan actually includes beyond investments6:14 Gathering financial data, setting goals, cash flow analysis, and risk management7:42 Asset allocation, diversification, Monte Carlo simulations, and behavioral coaching8:28 Retirement planning, Social Security timing, Roth conversions, RMDs, and tax strategies10:23 Listener crediting the show for retirement confidence and asking about investing for longevity12:37 Why spending less than portfolio growth is the key to long-term retirement success14:15 Whether a 4% withdrawal rule can become 5% later in retirement15:45 Fixed versus flexible withdrawal strategies and how age affects sustainable spending17:49 HSA withdrawal decisions in retirement and inheritance considerations19:31 Why HSAs generally should be spent rather than preserved for non-spousal heirs20:52 Meet-an-Advisor invitation and how portfolio reviews can uncover hidden risksQuestions? Comments? Click!

Don't let the stock market highs fool you. Macro analyst Luke Gromen, founder of FFTT, returns to deliver a brutal reality check on what is actually happening to your money. While mainstream media celebrates green days, a hidden liquidity crisis is building behind the scenes. In this episode, Gromen exposes the massive distortion in today's markets—the seven tech stocks holding up the entire economy and why Bitcoin has fallen so far behind as stocks hit ATHs. If you want to protect your portfolio from the ultimate "sudden stop," this is the realist roadmap you cannot afford to miss. We discuss: The AI Liquidity Trap: Why soaring tech stocks are secretly starving Bitcoin of cash. The S&P 500 Illusion: How just seven AI stocks are masking a massive market flatline. The Bitcoin Bottom: Why technical indicators point to a potential correction down to $40K. The Tech Bubble Trap: Why the government is mathematically forced to keep the AI bubble alive. Follow Luke Gromen https://x.com/LukeGromen ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU  --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Earn up to 4% back in sats on everyday purchases like gas and groceries. Sign up today https://www.gemini.com/natalie  ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $10 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie  ---- Abundant Mines is a fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting: AbundantMines.com/Natalie ---- Natalie's Bitcoin Product Partners: Check out my favorite lightning wallet and trivia app Speed Wallet. If you're a business, let Speed help you accept BTC like they did for Steak 'n Shake! Visit http://speed.app/natalie/ and use code COINSTORIES10 for 5,000 free sats Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 10% off using code STORIES at https://bitkey.world   Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie  With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie  Natalie's Upcoming Events: Join us for the biggest Bitcoin conference in Europe at BTC Prague this June 10-13 with a keynote from Michael Saylor, Code HODL for discounted passes: https://btcprague.com/  The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL  Extra Services to Consider: Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie ---- This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

What's the magic number for happiness? We walk through what the data says and share our take on what will make you happier at every stage of your wealth-building journey. Plus, we answer your questions! From planning earlier retirements and navigating the Roth IRA pro-rata rule to combining finances after marriage and UTMAs, we share how you can maximize your army of dollar bills - with a few tangents and tumblers along the way. ⁠⁠⁠⁠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. Learn more about your ad choices. Visit megaphone.fm/adchoices

1024. Are you ready to quit working or to begin a financially independent lifestyle? Laura covers four ways to access your retirement funds without paying a hefty 10% early withdrawal penalty before 59.5. Key takeawaysUsing a tax-advantaged retirement account has many benefits, but one downside is typically paying a 10% penalty for withdrawals before age 59.5.The rule of 55 is an IRS rule that allows employees to take penalty-free retirement plan distributions when they leave during or after the calendar year of their 55th birthday.With a Roth IRA, you can withdraw your original contributions at any age, for any reason, entirely tax- and penalty-free. A SEPP or 72(t) payment plan is an IRS rule that allows you to take equal distributions from a retirement account penalty-free, no matter your age, if you follow strict guidelines. A brokerage account allows you to take distributions penalty-free, no matter your age, but doesn't offer the tax perks of a retirement account.Upcoming Wedding Series Coming Up: We want your questions about wedding finances! Whether you're the bride, groom, or a guest, send us your questions about budgeting for the big day. Email: money@quickanddirtytips.com or leave a voicemail: (302) 364-0308. Discover more from Money Girl!FacebookNewsletterTranscripts available at QuickandDirtyTips.com.Email: Laura@LauraDAdams.com or leave a voicemail: (302) 364-0308. Hosted on Acast. See acast.com/privacy for more information.

In Session 3 of the 2026 Bainbridge Community Foundation Spring Financial Education Series, Paul sits down with Mike Piper — CPA, Personal Financial Specialist, and the voice behind the Oblivious Investor blog and the free Open Social Security calculator — for one of the warmest, most practical conversations of the series. Mike has a rare gift: taking the topics that intimidate most investors and making them feel obvious. Over the course of the hour, he and Paul work through the handful of decisions that genuinely shape a retirement.Mike opens with a quietly radical idea: if you've prepared well, "more than enough" isn't the exception — it's the most likely outcome. Because we have to plan for long lifespans, poor markets, and high medical costs that usually don't all come to pass, most disciplined savers end up with leftovers. From there, he explains which dollars to spend first each year, how age and capital gains should steer whether you draw from taxable or retirement accounts, and why the step-up in basis matters more than most people realize.The conversation turns to the human side of money, too — how to talk a couple through it when one spouse is aggressive and the other can't stand the thought of the stock market, why both positions are almost always driven by fear, and how framing the trade-offs around the people you love often brings them closer together. Mike and Paul also tackle the spendthrift-child dilemma, the case for matching a young person's Roth IRA, and why small gifts early can dwarf an inheritance received at 70.On Social Security, Mike makes the point that most people get the risk exactly backwards: delaying benefits isn't a gamble — it's insurance against the scary scenario of living a very long time. He walks through what really happens if Congress does nothing before the trust fund shortfall around 2033 (hint: the program doesn't disappear), and the range of fixes on the table. Throughout, both men return to the same theme — simple, low-cost, broadly diversified portfolios keep beating the clever alternatives, and the Bessembinder research helps explain why.Stick around for the closing exchange on using AI to learn from the "Truth Tellers" — and Mike's cautionary tale about a chatbot that invented an entire tax-code provision, word for word and completely convincingly, that simply does not exist.LINKS:Mike Piper's blog — obliviousinvestor.comOpen Social Security — opensocialsecurity.comMike's books on Amazon — https://bit.ly/49BQugdOblivious Investor — https://bit.ly/4oeIacsWe're Talking Millions! (free PDF and audio) — https://www.paulmerriman.com/free-booksIf You Can by Bill Bernstein (free PDF) — https://www.paulmerriman.com/free-booksPlanVision — Mark Zoril — planvisionmn.comThe Bessembinder study — "Do Stocks Outperform Treasury Bills?" https://www.morningstar.com/personal-finance/hendrik-bessembinder-do-stocks-outperform-treasury-billsWatch the Video- https://www.youtube.com/watch?v=bB2ccYRLSOI&feature=youtu.be

What if giving is not losing at all, but investing in what lasts forever? Jesus tells us in Matthew 6:20 to “store up for yourselves treasures in heaven.” That one command reshapes the way we think about money, possessions, and generosity. Wealth can be dangerous when it owns us, but when it is surrendered to God, it can become a powerful tool for eternal good. Randy Alcorn, bestselling author and founder of Eternal Perspective Ministries (EPM), has spent decades helping Christians think biblically about money, possessions, generosity, and eternity. His message is both sobering and hopeful: wealth is a test, but it can also become a tool for God's Kingdom. Money Reveals the Heart Money has a powerful influence on our spiritual lives because it reveals what we truly value. Jesus said in Matthew 6:21, “For where your treasure is, there your heart will be also.” The way we handle money is not separate from our discipleship. It shows what we trust, what we prioritize, and where our affections are directed. As Alcorn explains, money is not spiritually insignificant. It has power. Either it will serve God, or we will find ourselves serving it. That is why Scripture speaks so directly about the danger of loving money. In 1 Timothy 6:9–10, Paul warns that “those who desire to be rich fall into temptation, into a snare,” and that “the love of money is a root of all kinds of evils.” He goes on to say that some have wandered from the faith and pierced themselves with many griefs. Those are sobering words. Money is a good gift from God. It can provide for needs, bless families, support ministry, and help those who are suffering. But when it becomes the object of our trust or the center of our affections, it competes with God for our hearts. Wealth Is Both a Tool and a Test The danger of wealth is real, but it is not the whole story. Money surrendered to God can be used in deeply meaningful ways. It can help advance the gospel. It can meet practical needs. It can support Bible translation, provide clean water, help rescue those trapped in exploitation, care for the vulnerable, and strengthen the work of the local church. Money is not the source of transformation—God is. But God often uses the resources of His people to accomplish His purposes in the world. That is why faithful stewardship begins with surrender. We come before the Lord and say, “This all belongs to You. What do You want me to do with it?” When wealth is surrendered to God, it loses its grip on our hearts and becomes an opportunity to participate in His redemptive work. Giving Is Investing in Eternity Jesus' command to store up treasures in heaven reframes generosity. Giving is not merely parting with money. It is investing in what lasts. Alcorn compares this to investing in a company. When you own shares, you naturally begin to pay attention. You read the reports. You notice the headlines. Your interest follows your investment. The same principle applies spiritually. When we put our resources toward the things of God, our hearts begin to follow. If we want to care more deeply about our church, missions, the poor, or the work of the gospel, one practical step is to invest our time, energy, and money there. Generosity does not only bless the recipient. It reshapes the giver. It moves our hearts toward the Kingdom of God. Generosity Produces Joy In Acts 20:35, Paul reminds the Ephesian elders of Jesus' words: “It is more blessed to give than to receive.” That does not mean giving is merely a duty. It means generosity leads to joy. The generous life reflects the heart of God, who gives freely and abundantly. Grace itself is rooted in God's giving nature. When we give, we are not simply checking off a spiritual responsibility. We are participating in the generosity of God. That is why giving can loosen anxiety, deepen purpose, and bring joy. The world often defines “the good life” as having more, spending more, and pursuing personal comfort. But Scripture points us toward a better way. In 1 Timothy 6:18–19, Paul urges the wealthy “to do good, to be rich in good works, to be generous and ready to share,” so that they may “take hold of that which is truly life.” The good life is not found in accumulation. It is found in generosity. Defining Enough One of the most important steps in faithful stewardship is learning to define enough. Without a finish line, we can easily assume that every increase in income is meant to raise our lifestyle. But many of us already have more than we need. The question is not simply, “What can I afford?” but “What has God entrusted to me, and how does He want me to use it?” A financial finish line helps create margin for intentional Kingdom-focused generosity. It keeps accumulation from becoming automatic. It invites us to ask better questions about contentment, purpose, and eternal impact. Everything we own is temporary. Possessions wear out. Trends fade. What once felt essential can quickly become clutter. That does not mean material things are evil, but it does mean they cannot bear the weight of our hope. Giving helps break the hold that money and possessions can have on our hearts. Giving Is Not Losing Wealth is both a tool and a test. When we cling to it, it can pull us away from dependence on God. But when we surrender it, money can become a means of worship, service, and eternal investment. Generosity reminds us that God is our ultimate treasure. It trains our hearts to trust Him. It frees us from the illusion that more money will finally make us secure. And it allows us to participate in the work God is doing in the world. Giving is not losing. In the Kingdom of God, giving is investing in what lasts forever. On Today's Program, Rob Answers Listener Questions: I live in a 55-plus community in a manufactured home on leased land. We own the home but not the land, which belongs to the community owner. Would a reverse mortgage be possible in this situation, or would a manufactured home on leased land qualify? I have both a traditional IRA and a Roth IRA for retirement, but I'm not retired yet. Why am I required to take RMDs from my IRA at age 72 or 73, even if I'm still working? Do Roth IRAs have RMDs? And how much can my husband and I give through Qualified Charitable Distributions to help reduce taxes? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Money, Possessions, and Eternity by Randy Alcorn The Treasure Principle, Revised and Updated: Unlocking the Secret of Joyful Giving by Randy Alcorn Giving Is the Good Life: The Unexpected Path to Purpose and Joy by Randy Alcorn Eternal Perspective Ministries (EPM) Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find 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.

When you're trying to execute a clean backdoor Roth IRA, having a completely empty Traditional IRA account feels like a green light. But does the IRS see it that way? Kyle Hoelzle and Chelsea Jones answer a critical question from a Pediatric Endocrinologist: “If I fund and convert an empty IRA, why does my separate rollover IRA balance still matter?” Kyle breaks down the IRS Pro Rata Rule using a simple analogy we can all relate to, coffee and cream. Your pre-tax rollover dollars are the bitter coffee, and your new after-tax contributions are the cream. You might keep them in separate accounts, but the IRS views all your IRAs as one giant mug. When you convert the "cream" from your empty account, the IRS forces you to take a proportional spoonful of the entire mixed mug—triggering an unexpected tax bill on your old rollover balance. Listen in to learn how to spot this trap, use Form 8606 to prevent double taxation, and safely "clean" your accounts for a tax-free backdoor Roth. We also answer your colleagues' questions. Neurosurgeon in Connecticut says, “I have been reading up a little bit more on Trump accounts. Initially, I thought this was only for newborns, but now I understand that it is eligible for children less than 18 years of age, and we can contribute up to $5000 per year, starting July 5 this year. Our older son is turning 18 on July 17. Are we able to open an account for him? I saw some IRS website fine print implying that children are eligible as long as they do not turn 18 in the calendar year of the election, so it's a bit confusing. Do you have any guidance?” Spouse of a Dermapathologist in Pennsylvania asks, “I want to take a withdrawal from my taxable investment account to buy a car, but I only want to sell my bonds to minimize my tax bill, but doing so will liquidate all of my bonds. Is this OK?” A Double Doc Family in Illinois is thinking about starting Social Security for the retired spouse this year on their 66th birthday. The wonder “Does that make sense to do, or should we wait?” Are you ready to turn worries about taxes and investing into a plan for college and retirement? If you're evaluating your options and want to learn more, visit physicianfamily.com and click 'Get Started' or you can ask a question of your own by emailing podcast@physicianfamily.com. See marketing disclosures at physicianfamily.com/disclosures

Prevalon Energy CFO Ben Hunnewell joins Natalie Brunell to explain why his company became the first to hold STRC, the Bitcoin-backed digital credit instrument from Strategy, and why Bitcoin skeptics have it all wrong. Topics include Why STRC changed everything, and why a cautious CFO finally said yes Whether Strive's daily dividends could challenge Strategy's dominance The truth behind data center power consumption and the "23 Hiroshima bombs" claim How Bitcoin miners turn flare gas and stranded energy into grid stability Why you can't print energy, data centers, or the things that actually matter Follow Ben Hunnewell https://x.com/MSTRProphet ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU  --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Earn up to 4% back in sats on everyday purchases like gas and groceries. Sign up today https://www.gemini.com/natalie  ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $10 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie  ---- Abundant Mines is a fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting: AbundantMines.com/Natalie ---- Natalie's Bitcoin Product Partners: Check out my favorite lightning wallet and trivia app Speed Wallet. If you're a business, let Speed help you accept BTC like they did for Steak 'n Shake! Visit http://speed.app/natalie/ and use code COINSTORIES10 for 5,000 free sats Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world   Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie  With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie  Natalie's Upcoming Events: Join us for the biggest Bitcoin conference in Europe at BTC Prague this June 10-13 with a keynote from Michael Saylor, Code HODL for discounted passes: https://btcprague.com/  The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL  Extra Services to Consider: Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie   Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie  ---- This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

Jun 1, 2026 – Explore the often-overlooked impact of state taxes on retirement strategies with Jim Puplava and Brendan McMurtrie. This episode dives into sophisticated approaches to Roth IRA conversions, highlighting the advantages and pitfalls...

In this episode, Anderson attorneys Amanda Wynalda, Esq., and Eliot Thomas, Esq., tackle eight listener questions on a wide range of tax topics. They open with a deep dive into the tax advantages of purchasing property in an Opportunity Zone, covering both the original program and the newly reinvigorated Opportunity Zone 2.0 launching January 1, 2027, including deferral periods, stepped-up basis benefits, and rural vs. urban pathways. They also explain required minimum distributions and the five-year Roth seasoning rules, the nuances of married filing separately in community property states, and strategies for reducing passive capital gains tax after a multifamily syndication sale. Amanda and Eliot break down Qualified Small Business Stock under Section 1202, including new tiered exclusion rates and documentation requirements, walk through K-1 preparation and 1065 filing for limited and general partnership structures, and cover the Accumulated Earnings Tax for C corporations. The episode wraps with guidance on claiming education expenses for new businesses, amending prior-year returns, and using C corporations as the right vehicle for startup cost deductions. Tune in for expert advice on these topics and more! Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: [00:00] — Intro and questions [10:04] "If I'm still working for the company that sponsors my 401k when I turn 73, even if it's part time, do I need to take RMDs or required minimum distributions from that account? And once my Roth 401k is quote unquote seasoned for 5 years, if I roll it over to another Roth IRA account I have already had for 5 years, am I still able to take out the profits tax free?" - Still employed means no RMD required unless you own over 5% of the business. [13:42] "I am looking at a couple different commercial rental properties. One of them is in an opportunity zone in Florida. What are the benefits slash tax advantages of purchasing a property in an opportunity zone? Are there any downsides?" –Opportunity Zones defer capital gains tax with stepped-up basis and potential ten-year appreciation exclusion. [22:08] "My husband and I file separately. I itemize and my accountant said because I itemize, my husband must also itemize, which is worse for him as he loses out on the standard deduction. Is there any way around this? In addition, the IRS wants to know my salary on his return, which then leads to him owing tons of additional taxes. How can this be? Why would he be taxed on my income? I'm already being taxed on my income. So this year he left my salary blank on his tax return. Will this come back to bite him and incur fees? We file separately for many reasons, including me having rentals and he has child support and other things affecting his return." - Community property states require spouses to split income; no double taxation occurs. [30:32] "I was a passive investor in a multifamily unit deal. The property was sold and my CPA informed me that I have capital gains tax of 55,000 for 2025. Anything I can do to reduce this tax? If not, what could I have done differently?" - Cost segregation on existing property can create passive losses to offset the gain. [36:57] "I'm investing 250k in a software startup pre Series A. The founders say it qualifies under section 1202 as a qualified small business stock or QSBS. Let's say the stock grows 10x over the next 10 years, so my stock becomes worth 2.5 million. Ten years from now, how do I prove to the IRS that the profit should be tax free under section 1202? Do I just document it now and hope they agree when I file an 8949 when I sell? It seems like there are no assurances they'll agree and the profits, though not subject to income tax, still become part of my estate, potentially subject to estate tax. Is it just easier investing using my Roth to ensure that all future gains will be income tax free?" – Thorough documentation of C corp status and assets under $75 million proves 1202 eligibility. [48:20] "Anderson created my limited partnership and general partnership structure. My questions are which entity has to create or issue a K1 and who prepares it for me? And when preparing the 1065 tax return, who do I list as the limited partner, me or the entity?" - The limited partnership files the 1065 and issues K-1s; list yourself as the limited partner. [50:16] "I invested in education for several businesses last year. None have come to fruition yet. Is the education able to be claimed on 2025 taxes? Also I filed without any of the education being claimed. So I was wondering if I could amend my taxes at some point this year." - Amend within three years; a C corp can claim education costs as deductible startup expenses. Resources: Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=the-tax-advantages-of-purchasing-a-property-in-an-opportunity-zone%20&utm_medium=podcast Schedule Your FREE Consultation https://andersonadvisors.com/strategy-session/?utm_source=the-tax-advantages-of-purchasing-a-property-in-an-opportunity-zone%20&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

Growing up doesn’t come with instructions, so we made a podcast about figuring it out together. Season 4 of Grown Up Stuff tackles the life skills, decisions, and responsibilities that suddenly become very real in adulthood. From bringing home a newborn for the first time to navigating international travel, buying the right smoke detectors, moving apartments, understanding investing, and protecting your finances, this season is all about the stuff nobody fully prepares you for. Hosts Lea Palmieri and Matt Stillo talk with experts, professionals, and people who’ve learned things the hard way to break down the practical side of adult life without making it feel overwhelming. Along the way, they explore everything from home safety hidden dangers and jet lag survival to budgeting, relationships, parenting anxiety, and how to actually feel financially confident in your 20s and 30s. Whether you’re trying to baby-proof your house, figure out a Roth IRA, survive a cross-country move, or simply feel a little less behind in life, Grown Up Stuff is here to help. Because nobody totally knows what they’re doing...some people are just better at Googling it.See omnystudio.com/listener for privacy information.

Taxes remain one of the most discussed—and misunderstood—parts of retirement planning. This episode with JoePat Roop introduces a structured way to think about how and when money gets taxed across different account types. For more information or to schedule a consultation call 704-946-7000 or visit BelmontUSA.com! Follow us on social media: YouTube | Instagram | Facebook | LinkedInSee omnystudio.com/listener for privacy information.

Could your retirement plan be quietly costing you more than you realize? Steve Anzuoni breaks down the surprising pros and cons of moving retirement funds, including proposed changes to Roth IRA rules and what they could mean for your control and taxes. He highlights the hidden impact of fees, the importance of tax planning over guesswork, and why relying on workplace-only advice can lead to costly mistakes. Real-world examples show how small decisions can significantly affect long-term outcomes, emphasizing the value of education and informed strategies when approaching retirement. SCHEDULE A MEETING OR PHONE CONSULTATION TODAY! Get a Copy of Steve's Book - Tee Up Your Retirement! Social Media: Facebook I LinkedIn I Instagram I YouTube See omnystudio.com/listener for privacy information.

We're back with another edition of Financial Advisors React, and this batch of clips is something else entirely. From the idea of saving money being "stupid" to a full Roth IRA conspiracy theory, these viral money takes are out of control. Not all financial advice online is created equal and we're here to show you the smarter path forward. ⁠⁠⁠⁠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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Don and Tom tackle some of the most common retirement planning mistakes, with a particular focus on taxes and the danger of becoming overly obsessed with them. They discuss taxable Social Security benefits, the importance of diversifying across account types, Roth conversion considerations, tax-loss harvesting, and why most retirement decisions ultimately fall into the category of “it depends.” They also answer a listener question about navigating poor 403(b) plan options and the advantages of a 457 plan for educators. Finally, they dive deep into a thoughtful challenge from a listener regarding Avantis and Dimensional factor funds versus traditional Vanguard index funds, examining the evidence for factor tilts, the role of risk premiums, costs, and whether higher expected returns justify modestly higher expense ratios.0:05 Retirement planning mistakes, taxes, retirement income, financial independence, retirement readiness1:58 Tax obsession, retirement taxes, income planning, financial priorities, wealth management2:43 Social Security taxation, taxable benefits, retirement income, Social Security myths, tax planning5:14 Tax diversification, traditional 401(k), Roth accounts, brokerage accounts, retirement savings7:57 Roth IRA, young investors, compound growth, retirement investing, tax-free income9:11 Tax-loss harvesting, brokerage accounts, capital gains, tax strategy, investment management10:03 Roth conversions, Medicare IRMAA, retirement taxes, financial planning, tax efficiency12:03 Inherited IRAs, heirs, estate planning, retirement accounts, legacy planning13:35 403(b) plans, 457 plans, retirement savings, school employees, listener question15:29 403(b) Wise, 457B Wiser, educator retirement plans, high fees, retirement options18:35 Roth IRA investing, small-cap funds, emerging markets, diversification, asset allocation19:38 Avantis funds, Dimensional funds, Vanguard funds, factor investing, index investing23:55 Fama-French research, small-value premium, indexing, active management, factor premiums26:08 Rules-based investing, passive investing, factor tilts, portfolio construction, diversification27:02 Small-cap value investing, fund performance, index comparisons, advisor value, investment returns30:25 International small value, emerging markets, factor premiums, diversification, expected returns32:55 Academic investing research, Nobel Prize economics, risk premiums, value investing, factor investing35:18 Portfolio construction, asset allocation, diversification, retirement planning, investment strategy36:16 Free portfolio review, financial advice, portfolio allocation, retirement readiness, fiduciary planningQuestions? Comments? Click!

Janean C. Armstrong on 30 Years Behind the Financial Curtain: The Game They Never Taught YouLearn the mindset and moves that lead to real results. Please visit my website to get more information: http://diversifiedgame.com/Janean C. Armstrong spent thirty years inside the financial industry as a senior banking executive, often the only person of color in the boardroom, learning the game most people are never taught. On this episode of Diversified Game, Kellen Coleman sits down with the award winning author of Sis, Get Your Purse in Order to break the shame and silence around money and hand women a real blueprint for confidence, protection, and generational wealth.Janean keeps it all the way real. She talks about marrying at 42 with no prenup and how she protected the home she had owned for ten years, then finding the love of her life at 50 and building a marriage on a loving but honest conversation about credit reports, 401ks, and legacy before they ever said I do. She shares how she walked into Grambling State University as a first generation college student with $50 and no clue about tuition, how a financial aid counselor changed her life, and how she ran up ten credit cards and a 400 credit score before she ever learned what a FICO score was.We get into life insurance as a love letter to the people you leave behind, why tithing can be time and not just money, how to build three to six months of emergency savings, the move from a high yield savings account to a CD to a Roth IRA, leaving free money on the table when you skip your 401k match, and the FDIC and payable on death structures that protect your money in the bank. This is the real game on real estate, business ownership, investing, and retiring with dignity.Go to the description, grab the book on Amazon, leave a review after you read it, and share this with somebody who needs it. You can move from chaos to confidence to financial freedom, and it starts with getting your purse in order.We bring you real game on business, ownership, wealth, and self determination from people who have actually been in the rooms they describe. Subscribe, like, comment wherever you are watching or listening, and most importantly, share this game with somebody who needs it.

1023. Are you worried about the future cost of education for yourself or a child? Laura reviews ten ways a 529 savings plan supercharges education savings and can even be used for young students, non-traditional coursework, and professional career pivots.Key takeawaysContributions to a 529 plan get taxed upfront, but the account growth and withdrawals for qualified expenses are tax-free.States sponsor 529 plans with various benefits and fees; however, you don't have to be a state resident to participate in the plan.There are no income restrictions to contribute to a 529, and owners typically name a child, who is the future student, as the account beneficiary. Qualified 529 expenses include many costs associated with traditional college, but also include trade schools, vocational training, and professional certifications.You can spend up to $20,000 per year on younger students from kindergarten through high school at public, private, or religious schools.Leftover 529 funds can be rolled over into a beneficiary's Roth IRA, with certain restrictions.Upcoming Wedding Series Coming Up: We want your questions about wedding finances! Whether you're the bride, groom, or a guest, send us your questions about budgeting for the big day. Email: money@quickanddirtytips.com or leave a voicemail: (302) 364-0308. Discover more from Money Girl!FacebookNewsletterTranscripts available at QuickandDirtyTips.com.Email: Laura@LauraDAdams.com or leave a voicemail: (302) 364-0308. Hosted on Acast. See acast.com/privacy for more information.

You have a 401k through your job and you keep hearing that you also need a Roth IRA. But no one ever sat you down and explained how these accounts actually work together, what the difference really is, or whether you even need both. So you are out here doing your best, hoping it all adds up one day, and trying not to feel behind.In this episode, Andrea breaks down the 401k and the Roth IRA in a way that actually makes sense, starting with what these accounts really are, how they are different, and how they can work together to build your retirement. In this episode, you'll learn:✅ What a 401k and a Roth IRA actually are and how to think about them as tools, not just accounts✅ The key tax difference between both accounts and why having both gives you more flexibility when you retire✅ When it makes sense to focus on just your 401k and when it is time to open a Roth IRA✅ How to shift from hoping your retirement works out to actually knowing it willIf you are ready to stop guessing and start building a retirement strategy that is specific to your goals and your life, this episode is your starting point.Let's connect:Website: www.buildinggenwealth.comInstagram: @building.gen.wealthLearn more about 1:1 Money Coaching: www.buildinggenwealth.com/moneycoaching

Most people know Roth IRAs don't normally have required minimum distributions, but things can change when someone inherits one. In this episode, David explains how inherited Roth IRA rules work, why beneficiary type matters, and when the IRS may still require distributions even from tax-free accounts. David also walks through real-world examples and highlights why beneficiary planning has become much more complicated after recent law changes.   Here's some of what we discuss in this episode:

The five highest global uncertainty readings since the 1980s have all occurred in the last five years. And yet the answer Wall Street keeps selling -- products that promise upside without downside -- is mathematically impossible and provably underperforms over time. Simone Stolzoff, author of How to Not Know, spent years studying how people, companies, and investors navigate uncertainty well. His findings are the opposite of what the financial industry is selling you right now.What You'll Walk Away WithWhy our tolerance for uncertainty is declining -- and the specific role smartphones and real-time data have played in making investors more anxious and worse at decision-makingThe anchor framework: how certainty in some areas of your life makes it dramatically easier to hold uncertainty in others -- and what that means for how you build a financial planThe Slack origin story -- how a gaming company at the peak of its success chose to shut down and pivot into the unknown, and what that teaches about staying open to what might emergeWhy Warren Buffett and the best venture capitalists actively seek uncertainty -- and how confusion between uncertainty and danger costs most investors real moneyThe kill criteria concept borrowed from mountain climbing -- and how pre-committing to rules before the emotion hits is the only reliable way to prevent catastrophic decisionsOne-way doors versus two-way doors: the Jeff Bezos framework for knowing when to agonize over a decision and when to just actWhy buffer ETFs are mathematically required to underperform broad index funds over time -- and the one question that exposes every "downside protection" pitch instantlyOG's case for looking at your portfolio as rarely as possible -- and the surprising thing that happened when he checked his mortgage balance after months awayWhy building a financial plan around your actual goals makes the daily market headlines genuinely irrelevant -- not as a coping strategy, but as a logical outcomeKathy's story: what a special education teacher who maxed her Roth IRA every year from 1998 to 2024 has in her account todayWhy This Matters NowMarkets will always be uncertain. Headlines will always be alarming. The question isn't how to make that stop -- it's how to build a life and a plan sturdy enough that it doesn't matter. This episode is the clearest case we've made for why your financial plan is more important than your portfolio, and why the two are not the same thing.From the BasementSimone Stolzoff joins Joe and OG to unpack the psychology of uncertainty -- including a couple who took a year apart to figure out if they wanted to stay married, a software engineer who programmed an app to make all his life decisions, and the monk who said not knowing is the most intimate thing of all. The Investment News headline about clients wanting "headline-proof portfolios" gives OG a full platform to explain why buffer ETFs are a product designed for the advisor's book of business, not your retirement. Doug arrives with Wild Bill Hickok trivia. Kathy from the community sends a note that should be required reading for every Gen X stacker who thinks they're behind.Resources MentionedHow to Not Know: The Value of Uncertainty in a World That Demands Answers by Simone Stolzoff -- available wherever books are sold; early readers receive an invitation to an exclusive event with Michael LewisSimone Stolzoff -- simonestolzoff.comInvestment News -- "Advisors say more clients are seeking to headline-proof their portfolios" by Greg Greenberg; linked at stackingbenjamins.comStacking Benjamins Episode 1840 -- "Why 67% of Americans Fear Running Out of Money More Than Dying"; stackingbenjamins.comStacking Benjamins Vault -- stackingbenjamins.com/vaultStacking Benjamins Newsletter (The 201) -- stackingbenjamins.com/201Stacking Benjamins Community -- stackingbenjamins.com/basementSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Eight questions. Eight real financial situations. Eight answers that might change the way you think about your money.  

Tom and Don dismantle the myth of “free money” from high-dividend stocks and ETFs, explaining why chasing yield often leads to poor diversification, lower total returns, and disappointing long-term performance. Using examples like Campbell's, Kraft Heinz, and Whirlpool, they show how dividend-paying companies can still destroy shareholder value while the broader market marches higher. The episode also features listener questions on military retirement planning with a pension-heavy income stream, asset allocation and Roth contributions near retirement, how to structure a UC retirement portfolio using low-cost index funds and small-cap value tilts, and the smartest way to generate retirement withdrawals from a balanced portfolio. Along the way, Don plugs his new Civil War novel The Line Uncrossed and the hosts revisit some old radio history.0:05 Dividend investing myths and “free money” thinking2:18 Why retirees are drawn to dividend stocks and ETFs4:03 Huge inflows into high-dividend ETFs despite lower expected returns5:19 Total return vs. income investing explained5:45 Campbell's Soup and Kraft Heinz as dividend trap examples7:06 Whirlpool cuts long-running dividend after financial strain8:10 Why total return matters more than yield9:10 Vanguard Dividend Growth vs. S&P 500 performance comparison10:44 The dangers of concentrated dividend strategies12:19 Why “magic income” strategies usually disappoint13:32 Military retirement caller asks about pensions, Roths, and mortgage payoff17:43 Using pensions as bond-like income in portfolio allocation18:41 Caller shifts from U.S.-only investing toward global diversification20:28 Don discusses The Line Uncrossed and companion Civil War stories22:30 UC employee asks about AVGE/DFAW vs. ultra-cheap UC index fund24:39 Suggested mix using low-cost index fund plus small-cap value tilts26:04 Listener thanks Don for decades of investing guidance27:58 Retirement withdrawal strategies from a 60/40 portfolio29:19 Rebalancing as the primary source of retirement cash flow30:14 Why retirement distribution planning matters32:35 Fiduciary advice vs. product sales pitches33:54 Friendly rivalry with Stacking BenjaminsQuestions? Comments? Click!

Strive ($ASST) just launched the first daily Bitcoin dividend in stock market history — paying a 13% yield through $SATA.    Chief Risk Officer Jeff Walton breaks down how Strive (now the 8th largest Bitcoin treasury company) is competing with Michael Saylor's Strategy, why he bet his entire savings on MSTR, and how digital credit is reshaping fixed income forever.   We discuss: • How Strive beat Strategy to the first-ever daily Bitcoin dividend • Where the 13% yield actually comes from (and why it's not a Ponzi) • The insurance industry analogy that explains Bitcoin treasury risk • Jeff's personal story: from the 2008 crash to his 2,000% MSTR options trade • Why traditional junk bonds and private credit are becoming obsolete   Follow Jeff Walton https://x.com/PunterJeff ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU  --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Earn up to 4% back in sats on everyday purchases like gas and groceries. Sign up today https://www.gemini.com/natalie  ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie  ---- Abundant Mines is a fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting: AbundantMines.com/Natalie ---- Natalie's Bitcoin Product Partners: Check out my favorite lightning wallet and trivia app Speed Wallet. If you're a business, let Speed help you accept BTC like they did for Steak 'n Shake! Visit http://speed.app/natalie/ and use code COINSTORIES10 for 5,000 free sats Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world   Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie  With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie  Natalie's Upcoming Events: Join us for the biggest Bitcoin conference in Europe at BTC Prague this June 10-13 with a keynote from Michael Saylor, Code HODL for discounted passes: https://btcprague.com/  The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL    Extra Services to Consider: Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie   Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie  ---- This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

If you're drowning in debt and someone offers a lifeline, make sure it's not really an anchor. When debt feels overwhelming, it's natural to look for a way out. And there are several options that sound helpful at first: debt consolidation, debt settlement, and debt management. But while those terms are sometimes used interchangeably, they are not the same—and they can lead to very different outcomes. Neile Simon, a Certified Credit Counselor with Christian Credit Counselors (CCC), joined the show today to explain the differences and help listeners understand which approach best reflects both financial wisdom and biblical responsibility. Debt Consolidation: A Quick Fix With Real Risks Debt consolidation is often appealing because it rolls multiple debts into one new loan. Instead of making several payments to different creditors, you make one payment on the consolidation loan. That may sound simpler and, in some cases, reduce confusion. But Neile explains that these loans often come with interest rates between 15% and 22%, depending on your credit score. And while consolidation may feel like a fresh start, it does not necessarily solve the deeper problem. The biggest risk is that consolidation allows you to keep your credit card accounts open. If spending habits don't change, many people end up running up new credit card balances while still owing on the consolidation loan. In other words, consolidation can turn one debt problem into two. Proverbs 13:11 says, “Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” Debt freedom usually doesn't come through a quick fix. It comes through steady, faithful steps over time. Debt Settlement: A Dangerous Path Another option people often hear about is debt settlement. These companies typically promise to negotiate with creditors so you can pay less than the full amount owed. But Neile warns that debt settlement can be misleading and financially damaging. In many cases, debt settlement companies require you to stop paying your creditors. That means your credit may be severely damaged, and the impact can be almost as serious as bankruptcy. There are other consequences as well. Any forgiven debt may be treated as taxable income, and you may receive a 1099-C at the end of the tax year. In addition, after a period of nonpayment, creditors may pursue legal action, which could result in liens on property or wage garnishment, depending on your state. For Christians, there's also a biblical concern. Psalm 37:21 says, “The wicked borrows but does not pay back.” While every situation requires wisdom and compassion, Scripture calls us to take responsibility for what we owe whenever it is in our power to do so. Debt Management: A More Faithful Way Forward Debt management is different from both consolidation and settlement. Through a credit counseling agency like Christian Credit Counselors, you can enroll in a debt management program that helps you repay your debts in full while often reducing your interest rates and monthly payments. Instead of taking out a new loan, you make a single monthly payment to the credit counseling agency, which distributes it to each creditor in the program. The goal is not to avoid the debt, but to pay it back in a structured and manageable way. Neile explains that interest rates through a debt management program may range from 1% to 12% APR, allowing many people to pay off debt much faster. One important thing to know is that creditors typically close the accounts you enroll in the program. However, you are not required to enroll every account. That can actually be a benefit. Closing accounts helps break the cycle of relying on credit and builds new habits of spending, saving, and stewardship. Proverbs 3:27 says, “Do not withhold good from those to whom it is due, when it is in your power to do it.” Debt management reflects that principle by helping people honor their debts while finding a sustainable path forward. Why Debt Management Is Often the Best Option Debt management is often the preferred solution because it addresses both the financial and behavioral sides of debt. It lowers interest rates and simplifies payments, but it also requires a change in habits. That matters because debt freedom is not just about reducing balances. It's about learning to live differently going forward. The team at Christian Credit Counselors begins with education and offers a free consultation to help people understand their options. They also approach debt repayment from a biblical perspective, offering prayer, encouragement, and support along the way. For anyone feeling overwhelmed by debt, the first step is not to panic. It's wisdom. Get the facts, understand the differences, and choose a path that helps you repay what you owe while building healthier financial habits for the future. To learn more, visit FaithFi.com/CCC. On Today's Program, Rob Answers Listener Questions: I know you're not generally a fan of annuities, but I have a diversified portfolio—about $1.3 million in IRAs and a 401(k), plus about $200,000 in liquid assets. If my five-year annuity matures and I roll the full amount into another annuity without taking withdrawals, will I owe taxes on that rollover? I've saved enough to cover about four or five years of living expenses, and we have no debt. Should I live off those savings before tapping into retirement benefits, or preserve them and start drawing from retirement now? I'm considering converting $575,000 from my traditional IRA to a Roth IRA over five years and paying the taxes as I go. Once the money is in the Roth and meets the five-year rule, will future interest and gains be tax-free? I have a 10-year HVAC service contract that costs about $41 a month and includes spring and fall maintenance visits, though service calls still have a fee. Since I already have a 10-year manufacturer's warranty on major components, is this service contract worth keeping? I've been with my employer for 44 years, am moving to part-time, and plan to retire fully in August. I have about $500,000 in my 401(k), recently started Social Security at 65, and am still contributing. Should I roll part of my 401(k)—maybe $100,000—into an IRA now for supplemental income, or wait until later? And should I keep it with Empower or move it to Fidelity, Vanguard, or Schwab? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Christian Credit Counselors (CCC) Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find 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.

Muchas personas en Puerto Rico están abriendo cuentas IRA y Roth IRA…

Basic cyber hygiene — patch management, password management, and MFA — is responsible for stopping roughly 90% of the ransomware attacks that could hit your organization. This episode is the overview: what those three things are, why they matter, and what happens when you skip them.WannaCry infected over 200,000 systems worldwide. A patch existed. People just hadn't applied it. Rackspace lost an entire business line — not because the attack was sophisticated, but because a workaround gave them false confidence and they delayed a critical patch. These aren't edge cases. They're the rule.Dr. Mike Saylor (Black Swan Cybersecurity) and Prasanna Malaiyandi join me to walk through the three pillars of basic cyber hygiene. We cover patch management first — and before you can even patch, you have to know what you have. Inventory is the starting point. Then we get into passwords: why reusing them is a numbers game the bad guys always win, and why a password manager isn't optional anymore. Finally, MFA — what it is, which forms are actually worth using, and why "remember this device" is quietly defeating the whole point.This is an overview episode. We're going deeper on each pillar in three follow-up episodes. But if you're not doing these three things today, stop reading this and go do them. There's no point talking about EDR, XDR, or any other three-letter security product if you haven't nailed the basics first. It's like researching a Roth IRA when you don't have a savings account.Chapters:0:00 Intro0:59 Welcome & Introductions4:20 WannaCry: The Patch That Would Have Saved 200,000 Systems7:33 Rackspace: When a Workaround Isn't Enough12:12 Defining Basic Cyber Hygiene14:53 Why These Three Things Stop 90% of Ransomware17:54 Pillar 1: Patch Management23:55 Pillar 2: Password Management31:55 Pillar 3: MFA & Passkeys37:34 Wrap-Up & What's Next

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3569: Jeremy Jacobson explores how understanding the fungibility of money can simplify smarter financial decisions, from handling debt and emergency funds to navigating retirement accounts and investment income. With relatable examples and practical insights, he shows how focusing on overall net worth instead of emotional money “buckets” can help you optimize taxes, reduce interest costs, and think more clearly about financial independence. Read along with the original article(s) here: https://www.gocurrycracker.com/money-is-fungible/ Quotes to ponder: "Making virtual car payments to a savings account until there was enough to pay cash for the vehicle would be the ideal option." "In the US, paying tips in cash/coins is almost always better because it ensures that the server will benefit from it immediately." "We can withdraw funds from retirement accounts before Age 59.5 without penalty, via Roth IRA conversions and/or SEPPs." Episode references: Roth IRA: https://www.irs.gov/retirement-plans/roth-iras Substantially Equal Periodic Payments (SEPP): https://www.irs.gov/retirement-plans/substantially-equal-periodic-payments S&P 500: https://www.spglobal.com/spdji/en/indices/equity/sp-500/ Apple Pay: https://www.apple.com/apple-pay/ Learn more about your ad choices. Visit megaphone.fm/adchoices

The IRS actually built a legal way for business owners to pay their kids, cut their tax bill, and start building generational wealth — all at the same time. Most business owners have no idea it exists. And the ones who do usually aren't doing it right.In this episode, David breaks down the Hire Your Kids strategy from top to bottom — including the part most people skip — and adds two more powerful moves to set your kids up for financial success long before they need it.What You'll Learn in This EpisodeHow to legally hire your minor children in your business and deduct their wagesWhy sole proprietors and single-member LLCs get an extra tax break most people don't know aboutWhat counts as legitimate work (and what the IRS will reject)Why teaching your kids to manage money matters just as much as saving itHow a Roth IRA opened at age 15 can grow to over $2.4 million tax-free by retirementThe authorized user strategy for building your kid's credit before they ever need it — and the real risk you have to know aboutHow David's family bought a college house that paid for itself (and then some)The Numbers That MatterRoth IRA compounding example (8% average annual return):Contribute $5,000/year from age 15 to 30 → $164,000 at age 30Never add another dollar → $2.4 million tax-free at age 65Total out of pocket: $80,0002026 Roth IRA limits:Under 50: $7,500/yearAge 50+: $8,600/yearSingle filers: full contribution below $153K MAGI, phases out by $168KMarried filing jointly: full contribution below $242K, phases out by $252KStrategy #1 — Hire Your KidsIf you own a legitimate business, you can hire your minor children to do real work and pay them a reasonable wage. Here's why that's a big deal:Their wages are a deductible business expense. If you're in the 32–37% federal bracket, that's real money shifted out of your tax bill.Sole props and single-member LLCs get an extra break. Wages paid to children under 18 are exempt from Social Security and Medicare taxes — that's another 15.3% in savings.Your kids pay taxes at their own rate. With the 2026 standard deduction, most minors owe zero federal income tax on the first chunk of their earnings.What counts as legitimate work? Social media content, filing, office cleaning, errands, video editing, client file organization. The work has to match the child's age, be documented with timesheets, and pay a reasonable market wage. Run payroll like any other employee.The rule of thumb: You can't pay a seven-year-old $40,000 to "organize your desk." You can pay a fourteen-year-old $10–12/hour to manage your social media scheduling.The Part Most People Skip — Teach Them to Actually Manage MoneyDon't just funnel every dollar straight into a Roth IRA and call it done. When your kids get paid, let them manage some of that money. Give them real decisions. Let them feel what it's like when $200 disappears faster than expected. Let them experience the satisfaction of saving up and buying something themselves.David's philosophy: "How we handle our money should positively impact our lives and the lives around us." That doesn't start at 25. It starts when they're young, when the stakes are low and the lessons are cheap.The Roth IRA AngleOnce your child has earned income, they're eligible for a custodial Roth IRA. You can contribute up to their earned income (max $7,500 for 2026) — and you can gift them the money to fund it. The IRS only cares that the earned income exists.Sit with this number: $5,000 per year from age 15 to 30, at a very average 8% return, becomes $164,000 by age 30. Let it sit untouched until 65 and it becomes over $2.4 million. Tax-free. That's not a typo.Strategy #2 — Build Their Credit Before They Need ItAdd your child as an authorized user on one of your credit cards. When you do, your account history — payment history, utilization rate, account age — starts showing up on their credit report. By the time they're 18 and applying for an apartment or a car loan, they're not starting from zero.The honest risk: If your child has the physical card, they can max it out. And there's very little you can do about it legally — you added them, the bank doesn't care about family dynamics.The practical solution: Add them to the account for the credit-building benefit, but keep the card in your wallet. The credit history still builds. That's the whole point. When they're ready, have the real conversation about credit before the card becomes a spending tool.Strategy #3 — The College House PlayWhen David's first child went to college, instead of paying for a dorm, the family bought a house. Three bedrooms — their kid took one, they rented out the other two. The rental income covered the entire cost of the house: mortgage, taxes, insurance, everything. Free housing. Plus the house appreciated in value.Compare that to four years of dorm payments: money gone, no equity, no asset, nothing to show for it.Is this for everyone? No — you need capital for a down payment, a market where the numbers work, and a kid who can manage roommates. But if you're a business owner with assets and your kid is heading to a college town with reasonable real estate, this is worth running the numbers on seriously.Resources Mentioned

Interview with Hemant Mehta (a.k.a. The Friendly Atheist.)Investing Skeptically:  Discusssion of ROTH IRA conversions and recharectarizations.

Don and Tom take on the uncomfortable reality that even supposedly “rules-based” index investing is starting to look suspiciously active, as major indexes like the S&P 500 consider bending long-standing rules to admit massive IPOs like SpaceX earlier than before. They explain why changing index rules matters more than most investors realize, debate whether index committees are chasing performance to stay competitive with the QQQ, and argue that broad global diversification may be safer than relying on any single benchmark. Listener questions cover retirement-saving strategies for LLC owners, how highly compensated employees can work around 401(k) discrimination limits, the pros and cons of backdoor Roth strategies, and why taxable brokerage accounts are often more tax-efficient than people assume. The episode wraps with skepticism about proposed “Trump IRA” retirement plans that don't actually exist yet, plus the usual blend of sarcasm, practical advice, and mild exasperation with modern finance.0:05 Rules-based investing versus changing the rules mid-game0:50 Why podcasting is safer than television for Don and Tom1:40 How index funds are supposed to work2:27 Why the S&P 500 wants SpaceX and giant IPOs3:01 IPO hype, pricing games, and the original S&P waiting rule4:05 Fear that indexes are drifting into active management5:01 Why investors wrongly assume the S&P 500 is “automatic”6:24 Explaining stock float and why liquidity matters8:07 QQQ and S&P changing IPO admission rules9:10 Why changing index rules should concern investors10:08 The explosion of specialized stock indexes11:33 Why owning the whole global market may be safer12:27 How Dimensional and Avantis differ from traditional indexes14:04 How listeners can submit questions to the show15:06 Retirement options for an LLC owner taking only dividends16:57 IRS concerns about treating a business like a hobby18:52 Highly compensated employee struggles with 401(k) testing20:42 Using a rollover IRA to reopen backdoor Roth opportunities21:58 Why taxable brokerage accounts are underrated22:33 Tax-efficient ETF investing and retirement flexibility23:14 Questions about the proposed “Trump IRA” plan24:35 Why investors should ignore retirement proposals that don't yet exist25:58 Congress, air conditioning, and why Washington never leaves town26:48 Podcast rankings and chasing Stack & BenjaminsQuestions? Comments? Click!

What's next for Strategy, STRC, and the Bitcoin industry? In this special live Retail Investor Q&A, Natalie Brunell sits down with Michael Saylor and Phong Le to answer the biggest questions from retail investors. From dividend changes and mNAV targets to DeFi risk, Bitcoin at $10 million, and whether Strategy plans to sell BTC soon, this conversation covers the issues investors are watching most closely. Topics include: STRC's proposed move from monthly to semi-monthly dividends Strategy's plan to restore mNAV to 3–4x Risks around DeFi products built on top of STRC What Strategy looks like in a Bitcoin-at-$10-million world Whether Strategy is gearing up to sell Bitcoin For more information on Strategy's products, visit www.strategy.com/notes  ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU  --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Earn up to 4% back in sats on everyday purchases like gas and groceries. Sign up today https://www.gemini.com/natalie  ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie  ---- Earn passive Bitcoin income with industry-leading uptime, renewable energy, ideal climate, expert support, and one month of free hosting when you join Abundant Mines at https://www.abundantmines.com/natalie  ---- Natalie's Bitcoin Product Partners: Check out my favorite lightning wallet and trivia app Speed Wallet. If you're a business, let Speed help you accept BTC like they did for Steak 'n Shake! Visit http://speed.app/natalie/ and use code COINSTORIES10 for 5,000 free sats Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world   Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie  With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie Natalie's Upcoming Events: Join us for the biggest Bitcoin conference in Europe at BTC Prague this June 10-13 with a keynote from Michael Saylor, Code HODL for discounted passes: https://btcprague.com/  The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL  Extra Services to Consider: Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie   Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie  ---- This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

Wealthy people aren't wealthy because they win every day. They use systems that make losing hard. In this episode, Brennan Schlagbaum (former Deloitte CPA, financially free at 32) answers listener questions on building real wealth with money you already have. Brennan breaks down whether Bitcoin belongs in a 21 year old's portfolio, the exact investment framework he teaches inside Budgetdog Academy (the 15% rule, the checklist before touching crypto), and why a $140K earner can still have no clue where their money goes. He walks through the three document system every household needs: a balance sheet, a budget, and an amortization schedule. He also tackles the debt vs. Roth IRA debate (spoiler: your buddy is wrong), how newlyweds should actually merge finances without the guilt and shame spiral, the behavioral psychology behind why couples fight about money, and a step by step approach to landing a raise by thinking like a business owner instead of an employee. WHAT YOU'LL LEARN The investment framework: 15% to retirement before anything else The 6 box checklist before investing in crypto Why Bitcoin is different from the rest of the crypto market The 3 documents every household needs to control cash flow Why high earners still feel like they're faking it The real order of operations: credit card debt before Roth IRA How to merge finances after marriage without the blame game How to ask for a raise without making it weird ABOUT BRENNAN Brennan Schlagbaum is a former Deloitte CPA who reached financial freedom at 32 and now helps families build real wealth with the money they already have. He's the founder of Budgetdog Academy. RESOURCES & LINKS Join the Budgetdog Academy: https://budgetdogacademy.com/?el=youtube&htrafficsource=youtube&hcategory=bio_link Check out our beginner Millionaire Club: https://www.budgetdogacademy.com/millionaire-club Get my new book: https://budgetdogacademy.com/roadmap-opt-in Download my FREE budget template: https://budgetdogacademy.com/download-budget-template If this episode helped you, please follow the show, leave a rating, and share it with someone who needs to hear it. DISCLAIMER: Budgetdog, LLC, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

The HSA “Shadow Roth IRA” Strategy: How to Turn Medical Receipts Into Future Tax-Free Income.Health Savings Accounts (HSAs) are uniquely “triple tax advantaged” accounts. And there are more ways than one to ues them effectively. Today we'll walk through three levels of using an HSA and dive into an advanced planning strategy we're dubbing the "Shadow Roth IRA" (or "Level 3").

Don and Tom unload on sensationalized financial journalism, taking aim at recent articles claiming the 4% withdrawal rule and classic 60/40 portfolios are “failing” retirees. They argue that the media increasingly prioritizes fear-driven headlines over practical investing wisdom, pushing emotionally charged narratives that ignore investor behavior and long-term historical returns. The duo also push back against claims that target-date funds could wipe out retirees, explaining why diversified portfolios remain far less risky than headlines suggest. Listener questions cover Robinhood's controversial 2% transfer bonus, SEC transaction fees on ETF sales, Roth IRA liquidity concerns, rebalancing discipline, and the dangers of emotionally reacting to politics and markets. Along the way, Don discusses the release of his Civil War novel The Line Uncrossed, while Tom manages to squeeze in Morse code, Rasputin, and model bomber references for absolutely no good reason whatsoever.0:05 Don and Tom rant about the collapse of quality financial journalism1:43 Criticism of Money.com article attacking the 4% rule and 60/40 portfolios2:44 Morningstar's 3.7% withdrawal study versus the traditional 4% rule4:21 Why “100% stocks beats 60/40” ignores investor psychology and risk tolerance5:03 Emotional pain, market crashes, and why most investors cannot handle full equity exposure6:02 Financial media sensationalism and clickbait retirement headlines7:32 Seattle Times article warning target-date funds could destroy retiree savings8:35 Critique of claims that target-date funds are dangerously risky at retirement9:41 Discussion of Vanguard 2025 target-date allocation and global diversification12:00 Why diversified global portfolios are far less risky than fearmongers suggest13:16 Media outrage, sensationalism, and why Talking Real Money avoids scare tactics14:48 Listener comment about Don's books appearing on Amazon15:15 Reality check on book royalties and publishing economics15:49 Discussion of Don's Civil War novel The Line Uncrossed17:19 Book pricing, Kindle strategy, and avoiding Amazon exclusivity18:41 Transition to listener questions19:10 Caller asks about Robinhood's 2% IRA transfer bonus and possible tax issues20:10 Why IRA transfers and Robinhood bonuses are generally not taxable21:05 Concerns about Robinhood's gamified investing culture versus Vanguard's philosophy22:03 Risks of getting lured into speculative products after transferring assets22:59 Caller explains working with a fee-only fiduciary advisor and self-managing investments24:48 SEC transaction fees on ETF sales explained25:47 Why the SEC fee is effectively meaningless for ordinary investors26:15 Listener question about moving Roth IRA money to CDs due to market fears29:10 Why emotionally reacting to politics and market fears can hurt long-term investing31:17 Importance of maintaining an appropriate long-term asset allocation31:41 Tom jokes nervously about a meeting with HRQuestions? Comments? Click!

Are you treating your tax refund like “free money,” or like the hard-earned money God has entrusted to your family?In this special episode, Amanda and Jonathan Teixeira of WalletWin join Timmerie on Relevant Radio to discuss how Catholic families can navigate tax refunds, rising costs, supply chain concerns, and everyday money decisions with prudence instead of panic.Together, they unpack why a tax refund is not a bonus from the government, but money you already earned, and how to use it wisely through budgeting, debt payoff, emergency savings, generosity, and family priorities. They also discuss how Catholics can think about stocking up, preparing for uncertain financial times, and caring for their families without falling into fear or hoarding.Amanda and Jonathan also answer listener questions about buying a car while living paycheck to paycheck, whether young couples need a financial planner, how much rent is too much, budgeting as a married couple, and starting a Roth IRA. The episode also includes a personal update from the Teixeiras on welcoming their fifth child through adoption and the role of faith, openness to life, and St. Joseph's example in their family story.

Can you legally pay your children through your business and use it to build tax-free wealth for their future? In this episode of the Tax Smart REI Podcast, Thomas Castelli and Nate Sosa break down one of the most powerful family tax strategies available to business owners and real estate investors. You'll learn: - How to legally pay your kids through your business - The entity structures required to avoid payroll taxes - What jobs children can reasonably perform - How much you can realistically pay them - Roth IRA strategies for children - Trump Accounts vs. 529 Plans If you're a real estate investor or business owner with kids, this episode could completely change how you think about family wealth building and tax planning. To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6 Get the FREE Ultimate STR Tax Strategy Bundle: go.therealestatecpa.com/strbundle Register for the FREE Investing Debate: go.therealestatecpa.com/debate Submit your question for Tom & Nathan: go.therealestatecpa.com/question The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Any mention of third-party vendors, products, or services does not constitute an endorsement or recommendation. You should conduct your own due diligence before engaging with any vendor.

Macro analyst Craig Tindale joins Natalie Brunell to break down the "hard bifurcation" — the widening gap between our financial system and the physical world it depends on. From Elon Musk's warning of an imminent electricity shortage to the trillion-dollar AI buildout hitting a wall of copper, transformers, and power, this is a sharp look at why you can't print real-world commodities. We discuss: The paper ledger vs. the material ledger — and why it matters Why US defense relies on foreign supply chains How China quietly took balance sheet control of Western miners The energy and copper crunch slowing the AI boom Follow Craig: https://x.com/ctindale | https://ctindale.substack.com/ ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU  --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Earn up to 4% back in sats on everyday purchases like gas and groceries. Sign up today https://www.gemini.com/natalie  ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie  ---- Earn passive Bitcoin income with industry-leading uptime, renewable energy, ideal climate, expert support, and one month of free hosting when you join Abundant Mines at https://www.abundantmines.com/natalie  ---- Natalie's Bitcoin Product Partners: Check out my favorite lightning wallet and trivia app Speed Wallet. If you're a business, let Speed help you accept BTC like they did for Steak 'n Shake! Visit http://speed.app/natalie/ and use code COINSTORIES10 for 5,000 free sats Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world   Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie  With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie  Natalie's Upcoming Events: Strategy is hosting a retail investor Q&A virtually on May 20 at 5pm ET. Submit your questions for Michael Saylor and Phong Le: https://x.com/i/broadcasts/1RJjpzBkEmjKw  Join us for the biggest Bitcoin conference in Europe at BTC Prague this June 10-13 with a keynote from Michael Saylor, Code HODL for discounted passes: https://btcprague.com/  The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL  Extra Services to Consider: Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie   Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth: www.joincrowdhealth.com/natalie  ---- This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

In this episode of Tax Tuesday, Anderson Advisors' Barley Bowler, CPA, and Eliot Thomas, Esq., answer listener questions covering a broad range of real estate, retirement, and investment tax topics. They break down cost segregation studies and depreciation recapture, explaining how bonus depreciation accelerates deductions and how 1031 exchanges and stepped-up basis can help investors defer or eliminate gain entirely. They address whether vacated rental rooms can qualify as deductible office space, and walk through how multi-state 1099 income is taxed when a worker performs services in Kansas for California patients through a Utah company. Barley and Eliot also clarify how MAGI determines the taxable portion of Social Security benefits in retirement, and confirm that qualified retirement plan distributions are protected from California taxation once a taxpayer has established residency in Nevada. Additional topics include 529 college savings plans for children attending accredited foreign universities, combining Roth IRAs with a payroll strategy for minor children, when Schedule E versus Schedule C applies to short-term rental income, and the significant hurdles of qualifying for Trader Tax Status — along with an alternative C-corporation trading structure that may offer far greater and more reliable tax advantages. Tune in for expert advice on these topics and more! Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: [00:00] Intro to Tax Tuesday with Eliot and Barley [7:10] "I would like to know more about cost segregation and depreciation recapture on property sales." Cost segregation accelerates deductions upfront. Recapture taxes those gains at ordinary rates upon sale. [18:00] "At the beginning of this year, I moved into a new home. At my previous residence, I had been renting two rooms, and I am currently working to sublet them. I am still on the lease and committed to covering the cost of those two rooms until I find replacements. My question is: since I am continuing to pay for these rooms, would it be possible to classify them as office space and potentially use them as a tax deduction?" Have your business assume the lease directly. That creates a clean, legitimate deduction. [22:53] "My wife is doing remote 1099 work, and I had a question on where state taxes are due. We live in Kansas and she performs the work from a home office or rented office space in Kansas. She is performing this work through a contracting/locums company based out of Utah, but the current work she is providing is for patients in California. Do we pay KS or CA state income tax for this 1099 work?" Both Kansas and California claim the income. Kansas credits taxes already paid to California. [29:35] "Taxes in retirement: we know you can be taxed on Social Security. We don't know the details. How much can you make to avoid being taxed? Does the IRS include all incomes, passive and active? We just don't have details." Between 50–85% of benefits may be taxable. MAGI includes all income, even tax-exempt interest. [36:54] "I have been a Nevada resident for 2 years. I started my retirement from a California corporation this year. Can California tax my retirement benefits now that I am a NV resident?" No. Federal law fully protects qualified retirement benefits paid to Nevada residents. [40:55] "I am a business owner in Texas. My twin kids are growing up in a foreign country with their cousins. They may want to pursue higher education there. I haven't started a 529 college savings plan yet. If they decide not to go to college at an American university, what would be the best type of tax-sheltered account to invest in, for the kids?" 529 plans cover accredited foreign universities. Combine with a Roth IRA for maximum impact. [48:17] "Is it okay to use Schedule E to report short-term rental income?" Yes, if you provide only minimal services. Substantial services push income to Schedule C. [53:55] "For 2025 tax year, I made more than 800 trades - frequently - 3 days/week throughout the year. I made profits both from long-term investing and short-term trades. Am I eligible for Trader Tax Status and able to deduct my expenses in 2025 filing (I applied for extension)." Trader Tax Status is highly subjective and audit-prone. A C-corp trading structure is safer. Resources:

What if you could retire from the military at 50, bridge a decade of income, and pay less in taxes than you ever expected? It sounds too good to be true — but it's written right into the tax code. Spencer and Rob walk through exactly how a Roth conversion ladder works, who it's built for, and whether a simple brokerage account might actually beat it. Spencer Reese interviews Rob Moore, Army veteran, CFP candidate, and founder of Everman Wealth and Prosperity. Topics Discussed What a Roth Conversion Ladder is — moving funds from a traditional IRA to a Roth IRA each year before military retirement to create penalty-free supplemental income during the bridge period between military retirement and age 59½ Who it's for — service members retiring before 59½ who need to bridge their income gap, and those in the FIRE community with lower taxable income Contribution vs. Conversion — contributions can be withdrawn penalty/tax-free anytime; conversions require a five-year waiting period per conversion year The Five-Year Rule — each conversion starts its own five-year clock on January 1st of the conversion year; after five years, the converted amount can be withdrawn penalty and tax-free TSP limitations — Roth conversion ladders live entirely in the IRA universe; TSP rules are different and don't qualify (though the new TSP Roth conversion feature, live in 2026, is noted as a separate benefit) Practical example — a service member at age 49, five years from retirement, converts $20,000/year; at retirement (age 54), the first conversion is available penalty/tax-free, with each subsequent year unlocking the next rung Alternatives to the Roth ladder: Rule 72(t) / SEPP — rigid but allows early retirement account access Rule of 55 — penalty-free TSP access if retiring in the year you turn 55 Taxable brokerage account — flexible, no rules, and often more tax-efficient than people assume Brokerage vs. tax-deferred comparison — Rob's case study on a retiring O-5 showed the brokerage account came out ~$13,000 ahead in aggregate taxes over 16 years vs. a Roth conversion ladder strategy Tax bracket inflation adjustment — a reminder that brackets adjust for inflation, so projecting future RMD tax burden in today's dollar terms overstates the hit Backdoor Roth contributions — briefly mentioned as an option for those without existing traditional IRA funds; subject to the same five-year conversion rule and annual limits ($7,500/person, $15,000/couple in 2026) Resources Mentioned Fiscal Foxhole Podcast https://www.instagram.com/fiscalfoxhole— co-hosted by Rob Moore and Oman Quavo; available on all major podcast platforms Everman Wealth and Prosperity https://www.prosperwitheverman.com/— Rob's financial planning firm (Northern Virginia, fee-only) How Tax-Advantaged is Tax-Deferred? https://www.prosperwitheverman.com/podcastarticles/how-tax-advantaged-is-tax-deferred— Rob's article comparing brokerage vs. tax-deferred retirement savings Moneychimp.com  http://www.moneychimp.com — simple compound interest/tax calculator mentioned by Spencer Military Money Manual Podcast Ep. 216 — prior interview with Oman Quavo Military Money Manual Podcast Ep. 162 — backdoor Roth IRA deep dive with Brian Alf O'Neill of Winged Wealth Spencer and Jamie offer one-on-one Military Money Mentor sessions. Get your personal military money and personal finance questions answered in a confidential coaching call. militarymoneymanual.com/mentor Over 22,000 military servicemembers and military spouses have graduated from the 100% free, Ultimate Military Credit Cards Course available at militarymoneymanual.com/umc3 In the Ultimate Military Credit Cards Course, you can learn how to apply for the most premium credit cards and get special military protections, such as waived annual fees, on elite cards like The Platinum Card® from American Express and the Chase Sapphire Reserve® Card. https://militarymoneymanual.com/amex-platinum-military/ https://militarymoneymanual.com/chase-sapphire-reserve-military/ Military Money Manual may receive compensation from JPMC. Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain. Learn how active duty military, military spouses, and Guard and Reserves on 30+ day active orders can get your annual fees waived on premium credit cards in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3 If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual.