Podcasts about roth iras

Gain clear, educational context on today's investing and retirement planning topics with the Retire Sooner Podcast, hosted by Wes Moss and Christa DiBiase. This episode places market trends, investor behavior, and retirement account considerations into long-term perspective using historical data and widely referenced research. In this episode, you'll hear discussions that: • Define the differences between small-cap, mid-cap, and large-cap stocks and explain how market-capitalization classifications are commonly discussed in retirement planning. • Examine why individual investors have historically experienced returns that differ from market benchmarks, referencing behavioral research frequently cited by DALBAR. • Compare recent performance trends between the S&P 500 and small-cap indexes while reinforcing that market leadership shifts across cycles. • Explain how trillion-dollar companies have reshaped modern definitions of large-cap and mega-cap stocks. • Review the types of investment options typically available in employer-sponsored retirement plans and discuss why chasing recent performance is often identified as a behavioral risk. • Discuss why small-cap equities remain part of long-term market history conversations while acknowledging higher volatility and variability. • Compare Roth IRAs and Health Savings Accounts (HSAs) by outlining differences in tax treatment, eligibility, and planning considerations. • Explain how dividend-focused ETFs are commonly referenced in retirement income discussions and the historical role of dividends in total return. • Reinforce the importance of diversification and disciplined decision-making by addressing behavioral tendencies such as fear of missing out, or FOMO. • Address listener questions on market timing, lump-sum investing, Roth versus traditional 401(k) contributions, and Roth IRAs for younger earners using educational frameworks rather than personalized guidance. Listen to the Retire Sooner Podcast on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform—and subscribe to stay connected to conversations designed to provide context, discipline, and long-term perspective on retirement and investing. Learn more about your ad choices. Visit megaphone.fm/adchoices

You've got questions, we've got Amanda Holden. In this special Mailbag episode of HerMoney, Jean is joined once again by investing expert and How to Be a Rich Old Lady author Amanda Holden to tackle your biggest investing dilemmas. We're talking: What to actually do after opening a Roth IRA Whether crypto deserves a spot in your portfolio What to do with a $500,000 401(k) after a layoff Whether target-date funds are worth the cost And why diversification is non-negotiable ✨ Want to get smarter with your money in 2026? Join our women-only investing club, InvestingFixx, where expert stock pickers pitch ideas—and you help build the portfolio. Learn more about your ad choices. Visit megaphone.fm/adchoices

AI is everywhere, from investing apps and portfolio tools to recipe planners and vacation organizers, artificial intelligence touches countless corners of our lives. In finance, AI promises accessibility. For newer investors, it's a way to learn basic concepts, compare traditional and Roth IRAs, or understand the difference between tax brackets, all delivered in plain English. AI is also a huge help with organization and financial efficiency. Need a budgeting framework or quick ways to categorize cash flow? AI can create those. It's a handy pocket assistant that helps you plan and ask sharper questions when evaluating financial advisors or planning your future. The Real Limitations of AI in Financial Planning While AI is a powerful tool, it is not a decision maker. Here are the big dangers and drawbacks you need to keep in mind: 1. Zero Personal Accountability AI doesn't bear the consequences of its advice. If it suggests an irreversible move, like a Roth IRA conversion, based on incomplete or incorrect information, the cost falls entirely on you. 2. Overconfidence in Precision AI delivers advice with absolute confidence, even when it's wrong! Financial planning isn't just numbers, it's trade-offs, nuances, and judgment calls that factor in health, family dynamics, and personal emotional risk tolerance. 3. Struggles with Multi-Year Tax Planning Most AI tools treat tax decisions generically just one year at a time. But real retirement tax planning means looking ahead 10, 15, or 20 years. Missed integration here can cost you tens, or even hundreds, of thousands of dollars over a career or lifetime. 4. One-Dimensional Investment Advice AI assumes perfect discipline and zero life changes, no panic selling, no sudden need for funds. But human emotion, especially during retirement or volatile markets, often drives decisions. 5. False Sense of Security AI's confident answers may mask underlying complexity. A small financial misstep, repeated or compounded over decades, can grow into a massive problem down the road. 6. Lack of Behavioral Guardrails Emotions play a huge role in retirement and investment decisions. Life throws curveballs—loss, illness, market downturns, and AI cannot reframe your fears or keep you disciplined when things get tough. When Human Wisdom Matters Most Retirement planning isn't about finding simple answers, information is cheap, wisdom is not. For complex questions, AI offers basic options, but it can't weigh the sequence of return risk, or policy changes in real time, like a qualified advisor can. Human advisors coordinate, prioritize, and apply experience to your financial life. They support you through market cycles, health challenges, and family transitions, and recognize when purely rational advice doesn't capture your real needs. Using AI Wisely My advice is to use AI for learning and organization, not for important, irreversible lifestyle and tax decisions. Always double-check its work, and don't outsource your financial future entirely to algorithms. Technology plus human judgment delivers the best outcomes. AI is a powerful tool, not a complete solution. Outline of This Episode 02:24 Best in Wealth Podcast future plans.03:57 AI in daily

This episode dismantles the myth of “one-size-fits-all retirement,” arguing that retirement isn't a date, an age, or a lifestyle—it's a personal transition that demands both an income plan and a purpose plan. Don and Tom explore the growing trend of “un-retiring,” why fear and economic anxiety are lousy motivators for going back to work, and how a lack of planning fuels unnecessary worry later in life. Listener questions cover smart uses of 529-to-Roth conversions, parking large sums of cash, Roth strategies for young investors, rebuilding emergency funds without sabotaging retirement, and why converting Vanguard mutual funds to ETFs in taxable accounts is often a no-brainer. The through-line is clear: stop predicting the future, stop reacting emotionally, and build flexible plans that let your money support the life you actually want. 0:04 Retirement isn't a script, a date, or a finish line 0:56 The myth of “retire at 65 and stop living” 1:20 The rise of “un-retiring” and why Disney hires retirees 3:22 Fear-based reasons people go back to work 4:28 Why retirees often worry more, not less 5:10 Studies showing how many retirees expect to work again 6:38 Income plans vs. purpose plans in retirement 7:16 The Dalai Lama, retirement, and dark humor 8:16 Using leftover 529 money for a future Roth IRA 10:31 Anton Chekhov's The Bet and money as a moral test 12:08 Parking $3.5M: T-bills vs. high-yield savings 14:30 Why holding massive cash piles is usually a mistake 16:21 Interest-rate predictions and the illusion of certainty 19:17 How (and where) people actually listen to podcasts 21:02 Mortgage rates under 6% and why context matters 23:15 Roth IRAs for young investors and compounding reality 25:12 VT vs. AVGE vs. AVGV for long-term simplicity 27:51 Disney's $60B expansion and what it says about costs 31:07 Rebuilding emergency funds without derailing retirement 33:32 Converting Vanguard mutual funds to ETFs in taxable accounts 35:20 Why small tax efficiencies matter over decades Learn more about your ad choices. Visit megaphone.fm/adchoices

Read more about Trump Accounts Here: https://matsorensen.com/trump-retirement-accounts-explained/If you have kids under age 18, this episode could change how you think about their financial future.In this episode of the Directed IRA Podcast, Mat Sorensen and Mark J. Kohler dive deep into Trump accounts, a brand-new savings vehicle launching in 2026. Mat explains why he believes Trump accounts can be a powerful long-term wealth-building tool for kids, while Mark pushes back, arguing parents may be overlooking better options already available.Together, they break down how Trump accounts work, who they are best suited for, and how they compare to Coverdell ESAs, kids Roth IRAs, and 529 plans. The conversation covers college planning, trade schools, retirement savings, Roth conversions, and how families can stack multiple strategies based on income and goals.They also explain the biggest game changer of all: how Trump accounts convert into traditional IRAs at age 18 and can later be converted into Roth IRAs, potentially creating millions in tax-free retirement wealth for the next generation.Whether you are a parent, grandparent, or business owner looking to give kids a financial head start, this episode lays out practical strategies, pros and cons, and real-world planning considerations to help you decide what makes sense for your family.Chapters:0:08 – Welcome And Topic Reveal0:48 – Politics Aside: Use The Law3:52 – What A Trump Account Is6:20 – Control Limits And Fee Cautions6:24 – College Needs vs Long-Term Wealth9:10 – How Early Withdrawals Actually Work12:02 – Parent Playbook: Stack The Accounts18:56 – Pay Your Kids Through Business21:07 – Rentals As A Small Business22:06 – The Roth Conversion Strategy24:20 – 529 To Roth: Sister Strategy26:18 – Pro Rata Rules And Math28:20 – The 8.8 Million Illustration29:55 – Mindset, Access To Education, ClosingDirected IRA Homepage: https://directedira.com/ Directed IRA Explore (Linktree): https://linktr.ee/SelfDirectedIRA Book a Call: https://directedira.com/appointment/ Other:Mat Sorensen: https://matsorensen.com & https://linktr.ee/MatSorensen KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com

If there's a word that defines our age, it's more. More upgrades. More comforts. More square footage. Yet somehow—with so much more—many of us feel less content than ever. That's because contentment doesn't come from what's next. It's shaped in the heart, right where we are.Scripture teaches that contentment isn't accidental. It's learned.We all feel the pull toward “just a little more”—the next promotion, purchase, milestone, or change that will finally make life feel settled. But that longing is as old as humanity. Ecclesiastes tells us that King Solomon denied himself nothing his eyes desired, yet concluded it was all meaningless, “a chasing after the wind.” Even the wealthiest man in the ancient world discovered that satisfaction cannot be bought or accumulated. It slips through our fingers as soon as we reach for it.Paul understood this, too. In Philippians 4:11, he writes, “I have learned in whatever situation I am to be content.” Notice the word learned. Contentment isn't natural. It doesn't come from ideal circumstances—it's cultivated through walking with Christ. And Paul goes further: “I can do all things through Christ who strengthens me” (Phil. 4:13). That verse isn't about conquering goals or peak performance. It's about persevering with trust. Paul wrote those words from prison, not from success. He was saying: Christ gives me strength to rest, trust, and be content whether I have plenty or very little.Contentment is ultimately the fruit of a relationship with Jesus. It's not found in having everything, but in knowing the One who is everything.Psalm 23 opens with a radical declaration: “The Lord is my shepherd; I have all that I need.” Contentment begins with identity—we are His sheep, under His care, sustained within His provision. Hebrews 13:5 adds, “Be content with what you have, for He has said, ‘I will never leave you nor forsake you.'” The root of contentment is God's presence, not possessions. If He is with us, we are never without what we truly need.But Scripture also points to a practical engine that drives contentment: gratitude. Wherever gratitude grows, contentment thrives. Gratitude redirects the heart from craving what's next to recognizing what God has already given. When we leave everything in God's hands, we begin seeing God's hand in everything.Learning contentment can be as simple as cultivating gratitude—writing down three blessings each morning, pausing to thank God before buying something new, naming provisions out loud to our spouse or kids, or turning off the endless scroll that fuels comparison. Contentment isn't a destination. It's a daily path surrendered to Jesus.In a world whispering “more,” Jesus invites us to rest and say, I have enough because He is enough. That's true contentment—and it's available to every believer who trusts the Shepherd who never leaves and never forsakes.———————————————————————————————————————This subject is foundational to Our Ultimate Treasure, our new 21-day devotional designed to guide believers toward faithful stewardship and deeper contentment in Christ. It will be released next month, but in a few weeks, FaithFi Partners will receive digital access within the FaithFi app. Partners support the ministry at $35/month or $400/year and receive resources like our Faithful Steward magazine, premium app access, and future studies and devotionals. Learn more at FaithFi.com/Partner.On Today's Program, Rob Answers Listener Questions:My wife and I are 62 and plan to retire at 65. Our home and cars are paid off, and we have about $100,000 in liquid cash and over $1 million in IRAs—roughly $300,000 in Roth IRAs and the rest in traditional accounts. Everything is invested in moderate-risk mutual funds, and we're about 92% in equities with no bond exposure. With markets at record highs and volatility at elevated levels, how concerned should we be about a correction? Should we diversify into bonds or just move to a more conservative allocation given our age?I bought my home six months ago, and the bank offered free fees if I refinanced within the first two years. Now that rates are starting to drop, how much does the rate need to fall before it actually makes sense for me to refinance?I have about $50,000 in debt and want to start saving, but I haven't managed my money well and have been living beyond my means. Now I really want to honor God with what I have. Should I put everything toward paying off the debt using the snowball method, or should I try to save for the future at the same time?I recently filed an insurance claim for a new roof, and my homeowners' insurance premium will increase by $163 per month. I wasn't notified until the bill arrived, and I don't have the extra funds right now. Do I have any recourse, or what should I do other than look for another insurance company?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)Christian Credit CounselorsA Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More by William P. BengenBulls and Bears, Cyclical and Secular (Article by Sound Mind Investing)Wisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Money touches almost every corner of our lives—and often our fears. When bills rise, when income feels uncertain, and when the future feels unclear, it's easy to slip into anxiety and assume everything depends on us. Scripture offers a better story: one where God sees, God knows, and God provides.Few things test our faith like money. Emergencies arise, markets fall, expenses rise, and the question arises: Will I have enough? Most of us respond by working harder and planning more. Diligence is wise, but beneath the effort, many carry a quiet fear that everything ultimately rests on our shoulders. Jesus invites us into something deeper—an economy rooted not in scarcity but in the character of God.In Matthew 6:26, Jesus directs our attention to the birds of the air. They do not stockpile or strategize, yet “your heavenly Father feeds them.” He doesn't say their Father, but your Father. The One who sustains creation also sustains His people. Jesus isn't discouraging work—He's dismantling worry. Behind every paycheck, opportunity, and act of stewardship stands a God who provides.This truth echoes throughout Scripture. In Genesis 22, Abraham stands on a mountain, knife raised in agonizing obedience. At the final moment, God provides a ram caught in a thicket. Abraham names the place The Lord will provide—not as a memory but as a promise.In 1 Kings 17, a widow with a handful of flour and a few drops of oil prepares for her last meal. God asks her to trust Him with what little she has, and she does. Day after day, her jar and jug never run empty—not overflowing, but enough. Provision came not in abundance but in sufficiency, reminding her she was seen.Even Peter faces lack. When confronted about the temple tax, Jesus sends him to cast a line, and the first fish carries a coin in its mouth—exactly what is needed. Scripture's pattern is unmistakable: God provides precisely, personally, and on time.Paul reaffirms this in Philippians 4:19—“My God will supply every need of yours according to his riches in glory in Christ Jesus.” He writes not to wealthy believers but to a generous church with scarce resources, reminding them that supply flows from God's glory, not their accounts.God gives what we need, not always what we want, and not always when we expect it—but His provision is wise and rooted in love. Jesus ultimately declares, “I am the bread of life” (John 6:35). He does not merely give provision—He gives Himself. The deepest peace is not the absence of uncertainty, but the presence of a faithful Father.Where do you need to trust God's provision today? Bring your needs, fears, and questions before Him. Ask for wisdom, peace, and strength—and stay open to the unexpected ways He may provide through people, opportunities, or renewed perspective.————————————————————————————This theme—God is our provider—is explored in greater depth in our new 21-day devotional, Our Ultimate Treasure, releasing next month. Each day focuses on a foundational truth of biblical stewardship, showing how God's character shapes our view of money, our decisions, and our trust in Him—not as a distant observer, but as a faithful Father. It's designed to help believers move from fear to freedom, from anxiety to peace, and from self-sufficiency to joyful dependence on Christ.If you want to receive the devotional as soon as it's released, you can become a FaithFi Partner for $35 a month or $400 a year, and we'll send it to you as our way of saying thank you. Learn more at FaithFi.com/Partner. On Today's Program, Rob Answers Listener Questions:I'm 58 and eligible for a three-year special catch-up contribution in my 457 plan, which would allow me to double my contributions. Should I split those contributions between my 457 and a Roth since I don't have much in the Roth, or is it better to put everything in one? What factors should I consider?My wife and I received a legal settlement of just over $50,000 and would like to tithe. We normally give 10% to our church, but this is above our regular giving. How should we think about giving to our local church versus other ministries? Is it appropriate to allocate part of the tithe to a ministry we're developing that will incur significant expenses?We have two daughters in their 30s who don't really have long-term financial plans. We'd like to help by funding their Roth IRAs with $2,000 or $3,000, partly to encourage saving. Can we open the accounts ourselves, or should we transfer the funds so they can do it? Would that gift count as taxable income for them? Any recommendations?I've heard that if you're on Social Security, you can't have much in savings—something like $2,000 for singles and $3,000 for couples—or you could lose benefits. Is that true?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)Master Your Money: A Step-by-Step Plan for Experiencing Financial Contentment by Ron Blue with Michael BlueWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

UNDERSTANDING THE NEW TRUMP ACCOUNTS FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS Lawrence M. Post | CPA, MST, CFP®, CIMA® Senior Tax & Planning Advisor, BWFA and Tyler Kluge | CFP®, ChFEB℠, CPWA®, CDFA®, CEPS,  Financial Planner, BWFA About This Episode New “Trump Accounts” have generated a lot of attention and confusion. This episode breaks down what these accounts are, who qualifies, how they work, and why a wait-and-see approach may be appropriate before making long-term planning decisions. Full Description Newly proposed “Trump Accounts” have sparked widespread interest, but many details remain unclear. While headlines have described them as powerful new savings tools for children, the reality is more nuanced and still evolving. In this episode of Healthy, Wealthy & Wise, the discussion walks through what is currently known about Trump Accounts and how they may function once fully implemented. Listeners will learn who qualifies, when accounts can be opened, and how contributions are expected to work under the proposed rules. The episode explains that these accounts are designed to allow savings for children under age 18 without the earned income requirement typically needed for IRAs. Contributions are limited annually, grow tax deferred, and generally cannot be accessed until the child turns 18. At that point, the account begins to function more like a traditional IRA, with taxes and penalties applying under standard rules. The conversation also highlights important limitations and unanswered questions. Custodians have not yet been announced, investment choices appear restricted, and final regulations are still pending. While the government has proposed a one-time starter contribution for certain birth years, families must still decide whether additional contributions align with their goals. Listeners will hear why these accounts may not be the best option for every family. Depending on the intended use of the money, alternatives such as 529 plans, custodial accounts, or Roth IRAs for working minors may offer more flexibility or tax advantages. Rather than rushing to act, this episode emphasizes thoughtful planning. Understanding the purpose of the savings and how funds may be used in the future is critical before committing long-term dollars to a new and evolving account structure. To learn more about how new savings options fit into a broader financial plan, visit BWFA's Financial Planning Services.

Everything you need to know about Backdoor Roth Conversions in 2026. In this detailed presentation, Caleb Guilliams and Justin Gartman walk through the beginners guide to Backdoor Roth's as well as answering exactly what you need to know in order to start this strategy for yourself. Want a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vault 00:00 Introduction to Roth IRAs and Limitations 00:51 Roth IRA Contribution Limits 02:49 Why does the Government Limit Roth IRA Contributions? 04:37 Perspective on Government-Sponsored Plans 05:49 Backdoor Roth IRA Strategy 06:23 Steps for a Backdoor Roth IRA 08:41 Common Mistake: The Pro-Rata Rule 12:06 Filing Requirement for Non-Deductible Contribution 13:06 Mega Backdoor Roth Strategy 15:17 Example of Mega Backdoor Roth Contribution 16:47 Mega Backdoor Roth Conversion Options 18:17 Eligibility Requirements for Mega Backdoor Roth 19:20 Solo 401k for Business Owners 20:28 Summary and Final Thoughts on Backdoor Roths _________________________________ Learn More About BetterWealth: https://betterwealth.com ==================== DISCLAIMER: https://bttr.ly/aapolicy *This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

On Jesse's 12th "Ask Me Anything" episode, he opens the year by tackling the questions that tend to surface when calendars turn and retirement feels closer than ever. He begins with a thoughtful exploration of whether "this is the year to retire," unpacking how sequence-of-returns risk, market valuations, spending accuracy, and portfolio construction matter far more than trying to guess the next market move, and why building flexibility—not perfect timing—is the real defense against early-retirement risk. From there, Jesse shifts to a practical and surprisingly nuanced discussion on getting kids and grandkids started in investing, weighing Roth IRAs, custodial accounts, and taxable strategies while emphasizing the twin lessons of earned money and compounding—and how to balance long-term discipline with making investing engaging and educational. He then addresses how portfolios should evolve as investors age and as assets grow, explaining why the glide path toward retirement is as much about risk capacity, risk need, and behavioral fit as it is about age, and why excess capital fundamentally changes how—and why—you take risk. He closes with a comprehensive walk through the key ages and milestones that shape a financial plan, from early adulthood to Social Security, Medicare, and required minimum distributions, giving listeners a clear mental map of when critical doors open and close. Throughout, Jesse blends technical insight with behavioral clarity, helping listeners not just answer financial questions, but build a durable way of thinking about decisions that will compound for decades. Key Takeaways:• The decision to retire is less about predicting markets and more about understanding cash flow, spending flexibility, and downside protection in the early years. • Writing down the rationale behind major investment decisions helps reduce future regret and emotional reactions. • Many retirees underestimate their spending, which can create false confidence in retirement readiness. • Teaching kids about investing works best when it combines earned income, parental matching, and simple, long-term strategies. • Excess capital changes the nature of investment decisions, allowing greater freedom without jeopardizing core goals. • Knowing the key financial ages—Social Security, Medicare, Roth rules, and required minimum distributions—helps investors anticipate decisions rather than react under pressure. Links:https://bestinterest.blog/should-retirees-sell-stocks-move-to-cash/ https://bestinterest.blog/great-investors-little-secret/ https://bestinterest.blog/rmds-sequence-risk-retirement-destruction/ https://bestinterest.blog/e87/ Wade Pfau's SRR Chart: https://www.bogleheads.org/forum/viewtopic.php?t=461168 https://bestinterest.blog/when-not-to-rebalance/ Key Timestamps:(03:51) – Smart and Dumb Reasons to Move to Cash (16:46) – Sequence of Returns Risk (20:47) – Spending and Lifestyle in Early Retirement (23:30) – Getting Kids Involved in Investing (26:10) – Tax Implications and Control of UGMA Accounts (30:38) – Investment Strategies for Financial Independence (36:44) – Rebalancing in Retirement (43:57) – Important Ages and Events in Retirement Planning Key Topics Discussed:The Best Interest, Jesse Cramer, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques More of The Best Interest:Check out the Best Interest Blog at https://bestinterest.blog/ Contact me at jesse@bestinterest.blog Consider working with me at https://bestinterest.blog/work/ The Best Interest Podcast is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

Is there a "magic bullet" for generating tax-free income in retirement? This week, Ross and Dan dive back into the mailbag to tackle a question that sounds almost too good to be true: The Tax-Free Dividend Roth Strategy. We've all heard that Roth IRAs are powerful, but a listener asks if specifically loading a Roth with high-yield dividend stocks is the ultimate "cheat code" for retirement cash flow. That and more on this week's episode!Send us a textSend your questions for upcoming show to checkyourbalances@outlook.com @checkyourbalances on Instagram

With Tom on vacation and an eerily convincing AI stand-in holding down the mic, Don kicks off 2026 by tackling one of the most persistent listener questions: how to actually find a true fiduciary—and how to eliminate salespeople fast. Using FINRA's BrokerCheck as a simple filter, the show explains why the “B” matters, why dual-registered advisors are still a risk, and how complexity is often a red flag. From there, the conversation dives into the rise of RILAs (registered index-linked annuities), why their shiny back-tested returns don't mean much, and how simpler balanced portfolios often do better with far less risk and confusion. Along the way, the hosts cover podcast reviews, investing in bourbon barrels (don't), Roth IRAs for teenagers (do), and close with Tom's five timeless investing rules for 2026: go global, simplify, define risk, rebalance, and understand your taxes. 0:04 New year, Tom on vacation, and the rise of AI Tom 0:22 AI voices, joke quality, and job security jokes 2:20 Welcome and the show's core mission 2:46 How to actually find a real fiduciary 3:30 BrokerCheck explained and why the “B” is a deal-breaker 5:24 Firm searches and fast advisor elimination 6:38 Why dual registration still isn't fiduciary 7:22 RILAs introduced and why “index-linked” is a warning sign 9:38 Hypothetical returns and misleading back-testing 11:19 Balanced index funds vs annuity complexity 13:00 Why RILAs solve no real investor problem 14:08 How to leave podcast reviews (and where) 15:22 Apple vs Spotify reviews and ratings reality 17:34 Ratings, trolls, and thin-skinned hosts 20:07 Tom's five investing rules for 2026 20:41 Go global—actually global 21:56 Fewer accounts, less mess 22:49 Know your risk before the market teaches you 23:50 Rebalancing after strong stock years 24:38 Understanding taxes by account type 27:33 Bourbon barrel investing pitch—hard pass 29:13 Custody risk and private-investment danger 31:35 No sales guests, ever 33:54 Roth IRAs for working teens 34:35 RetireMeet 2026 announcement Learn more about your ad choices. Visit megaphone.fm/adchoices

The start of a new year is one of the best times to reset and realign your retirement strategy. New contribution limits, new rules, and new deadlines in 2026 can all impact how much you're able to save and how effectively you plan.In this webinar, Directed IRA COO Aaron Halderman and VP of Sales Nate Hare will host a practical 101-style session focused on retirement account planning for 2026, including an open Q&A to address common questions as the new year begins.We cover:- 2026 retirement account contribution limits and what changed- Key tax deadlines to know in 2026 for IRAs and retirement plans- Core planning strategies for IRAs, Roth IRAs, HSAs, and Solo 401(k)s- Common mistakes to avoid as you start the new year- Open Q&A to help you set clear retirement account goals for 2026This session is designed to help you start the year with clarity, avoid early missteps, and build a smarter retirement plan going forward.Directed IRA Homepage: https://directedira.com/ Directed IRA Explore (Linktree): https://linktr.ee/SelfDirectedIRA Book a Call: https://directedira.com/appointment/ Other:Mat Sorensen: https://matsorensen.com & https://linktr.ee/MatSorensen KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com

What actually shapes life in retirement—your finances, your relationships, or both? In this episode of the Retire Sooner Podcast, Wes Moss and Christa DiBiase walk through new research on happiness in retirement and unpack several financial and economic topics that often come up in retirement planning conversations. • Share findings from a 2025 Money and Happiness in America study that looks at how social connection is commonly linked to reported retirement satisfaction. • Talk through research showing how the number of close personal relationships is often discussed when measuring happiness among retirees. • Reflect on how American friendships have changed over time and why staying socially connected is frequently part of retirement lifestyle discussions. • Put into context recent government jobs reports by explaining what unemployment and labor-market numbers generally indicate. • Walk through estate-planning considerations around life insurance, guardians, and trustees that many families review over time. • Cover the core factors people often look at when evaluating bond funds, including yield, duration, expenses, and benchmarks. • Discuss how Roth IRAs, traditional IRAs, brokerage accounts, and HELOCs are commonly weighed when addressing short-term cash needs during real-estate transitions. • Answer listener questions about Roth IRA contributions, in-plan conversions, account-funding priorities, and retirement-plan considerations when changing jobs. The episode keeps the focus on education, context, and real-world questions retirees and pre-retirees are already asking. Listen and subscribe to the Retire Sooner Podcast for ongoing conversations that connect money, lifestyle, and long-term planning—without the hype. Learn more about your ad choices. Visit megaphone.fm/adchoices

David McKnight addresses a brand new proposal that could transform the way Americans use Roth IRAs and Roth 401(k) – and that could have serious implications for your retirement flexibility, liquidity, and long-term tax strategy. With the current status quo, if a person has money in a 401(k) or even a Roth 401(k), they can usually roll it out into an IRA when they retire or leave their job. However, money can't roll the other direction: you can't take a Roth IRA and move it into a Roth 401(k)... A new bipartisan bill introduced by Republican Representative Darin LaHood and Democrat Representative Linda Sánchez aims to change that. Under this proposal, you could roll your Roth IRA into an employer-sponsored Roth account like a Roth 401(k), a Roth 403(b) or even a Roth 457 plan. This change could mean less paperwork, potentially lower fees, and a simpler investment picture. David cites simplicity, cost and protection as a few of the reasons why lawmakers may want this bill to pass. One of the incentives for Washington may have to do with the fact that encouraging people to use Roth accounts – which are taxed up front – can generate more short-term tax revenue for the government. Everything isn't as good as it seems, though. David lists a few of the trade-offs involved with this potential change. Firstly, loss of control. When your money is in a Roth IRA, you can invest it wherever you want: Index funds, EFTs, individual stocks, and more. With an employer plan, your investment menu would be limited by the options the plan administrator offers. The so-called Five-Year Rule is another aspect worth considering. Typically, every Roth account has to be open for at least five years or until 59 ½, whichever is later, before earnings can be withdrawn tax-free.  Here's the tricky part: Each different kind of Roth account has its own five-year clock. This could turn into a logistical nightmare for plan administrators. David shares some final considerations regarding who would benefit and who may get negatively affected by the proposed bill and points out that "Not all Roths are created equal."     Mentioned in this episode: David's new book, available now for pre-order: The Secret Order of Millionaires David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement by David McKnight DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Darin LaHood Linda Sánchez Employment Retirement Income Security Act (ERISA)

Chris Lopez is joined by Equity Trust's John Bowens to close out 2025 and prep smart moves for 2026 using self-directed retirement accounts. John walks through contribution and conversion timelines for IRAs, Roth IRAs, HSAs, and Solo 401(k)s, explains the seven-day payroll rule for S- and C-corps, and shares practical strategies like spousal IRAs, backdoor Roths, staged Roth conversions over two tax years, and maximizing early-year compounding. The conversation also covers 2026 limit increases, Solo 401(k) employer vs employee buckets, and the Secure Act 2.0 tax credit for new plans. Key Takeaways Roth conversions must post by Dec 31 for the current tax year Previous-year IRA and HSA contributions allowed until Apr 15 if not on extension Solo 401(k) employee deferrals for S- and C-corps must be deposited within seven days of payroll Sole proprietors can set up and fund a Solo 401(k) for the prior year by Apr 15 Use spousal IRAs and backdoor Roths to maximize annual limits Stage conversions across two years to manage tax brackets while starting compounding sooner Disclaimer The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk, so use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. Past performance is not indicative of future results. This podcast may contain paid advertisements or other promotional materials for real estate investment advisers, investment funds, and investment opportunities, which should not be interpreted as a recommendation, endorsement, or testimonial by PassivePockets, LLC or any of its affiliates. Viewers must conduct their own due diligence and consider their own financial situations before engaging with any advertised offerings, products, or services. PassivePockets, LLC disclaims all liability for direct, indirect, consequential, or other damages arising out of reliance on information and advertisements presented in this podcast.

Want clearer context around today's most discussed retirement planning questions—without hype or shortcuts? In this episode of the Money Matters Podcast, Wes Moss and Christa DiBiase address listener questions and planning scenarios that illustrate how retirement income, investing decisions, and lifestyle priorities are commonly evaluated over time. • Explore how holiday traditions and intentional rest are often discussed as elements of lifestyle planning throughout retirement. • Review early retirement scenarios by outlining how asset allocation, withdrawal considerations, and legacy goals are typically framed in planning conversations. • Compare alternatives to 529 plans for grandchildren by discussing custodial Roth IRAs, joint accounts, and UTMA accounts, along with commonly referenced considerations. • Clarify how financial advisors are frequently described beyond investment selection by addressing coordination, decision-making support, and long-term planning oversight. • Explain how the Rule of 55 is commonly referenced when discussing early access to retirement accounts and retirement timing considerations. • Illustrate an international retirement example through “Almost Free Freddie,” reviewing how cost-of-living assumptions, pensions, VA income, and rental properties are often evaluated. • Discuss the role of small- and mid-cap stocks within diversified portfolios and how companies may evolve across market cycles. • Reassess the “happy retiree” home-value benchmark by placing housing inflation and mortgage status into broader retirement planning context. Designed to provide clarity, perspective, and education—not predictions—this episode adds structure to complex retirement topics. Listen to the Money Matters Podcast and subscribe for ongoing discussions centered on retirement planning, investing principles, and long-term financial decision-making.

Mr. Beast Biography Flash a weekly Biography.Jimmy Donaldson, the YouTube titan known as MrBeast, has been making waves with bold pivots that could redefine his empire just days into the new year. In a fresh interview with creator Jon Youshaei posted Monday, Business Insider reports Donaldson revealing plans for a dedicated YouTube channel on financial literacy, teaching fans about investing, Roth IRAs, and smart money moves. Its a natural evolution from his cash-stuffed stunts, like the 10 million dollar giveaway on Beast Games first season, and ties into his teased MrBeast Financial services business, with CEO Jeffrey Housenbold confirming expansion into loans and insurance via investor decks.At The New York Times DealBook Summit earlier this month, Donaldson dished on shifting his main channel strategy as fans tire of spectacle, per Business Insider. Hes doubling down on emotional storytelling, longer 25 minute videos, animation, and micro dramas, while cutting costs after losing millions on extravagant productions. Housenbold hinted at a potential IPO, eyeing ways to let his 1.4 billion global viewers own stakes in Beast Industries, now valued at five billion dollars, as TechCrunch details amid lawsuits over Beast Games set conditions and MrBeast Burger woes.Business buzzed with Starbucks partnering for Beast Games season two, debuting January seventh on Prime Video, fueling contestants with 24/7 coffee in Beast City and a limited Cannon Ball Drink from January 14th, Marketing Dive confirms. On December 26th, Associated Press covered Donaldson advising parents of aspiring kid influencers to prioritize education over fame. His December 20th 30 Days in the Sky YouTube challenge featured a Starbucks drop for a contestant vying for a 50 thousand dollar gift card.No major headlines in the past 24 hours, but these moves signal long term bets on education, finance, and efficiency, potentially cementing his biographical leap from stunt king to mogul.Thanks for tuning into this MrBeast episode of Biography Flash. Subscribe to never miss an update on MrBeast and search Biography Flash for more great biographies.And that is it for today. Make sure you hit the subscribe button and never miss an update on Mr. Beast. Thanks for listening. This has been a Quiet Please production."Get the best deals https://amzn.to/4mMClBvThis content was created in partnership and with the help of Artificial Intelligence AI

Most people think the safest path to retirement is to keep saving more, no matter how close they are to the finish line. But what if there comes a point where saving actually matters less, and investing well, living well, and spending with intention matter more?In this end-of-year episode, Ari shares why many near-retirees may need to rethink their instinct to “just keep saving.” He breaks down the surprising point where portfolio growth outweighs new contributions, why being “qualified-rich and cash-poor” can limit your freedom, and how over-saving can quietly eat into the healthiest, most meaningful years of your life. Through honest stories, real math, and a clear look at how 401(k)s, Roth IRAs, and brokerage accounts support early retirement, this episode challenges the belief that more saving is always better.If you're wondering when to stop maxing every account, when to shift dollars into a taxable “superhero” account, or how to balance retirement planning with actually enjoying your life right now, this conversation offers a different way forward — one rooted in confidence, not guilt.-Advisory services are offered through Root Financial Partners, LLC, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax or legal professional regarding your specific situation.The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal.Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsementsParticipation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.Create Your Custom Early Retirement Strategy HereGet access to the same software I use for my clients and join the Early Retirement Academy hereAri Taublieb, CFP ®, MBA is the Chief Growth Officer of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients retire early with confidence.

In this episode we answer emails from Tyler, Michael and Jon.  We discuss managing an inherited Roth across a 10-year window and related questions, compare VXUS to targeted international tilts, tax and asset location considerations for traditional and Roth IRAs, and talk about some of the basic ideas for achieving higher safe withdrawal rates.And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Additional Links:Father McKenna Center Donation Page:  Donate - Father McKenna CenterGolden Ratio Portfolio Article:  Beautiful Constants and the Golden Ratio Portfolio – Portfolio ChartsAfford Anything Podcast #618:  They Ran Out of Money. I Didn't. Here's Why.Slide Deck:  Afford Anything Episode 618 RPR Basics Slide Deck.pdf - Google DriveVideo Summary:  Afford Anything Episode 618 Video Summary.mp4 - Google DriveAfford Anything Risk Parity Portfolio Blueprint:  Afford Anything frank-vasquez-risk-parity-portfolio-BluePrint.pdf - Google DriveBigger Pockets Money Podcast:  The Secret to a 5% Safe Withdrawal Rate | Frank VasquezSlide Deck:  BP Money Interview Slide Deck.pdf - Google DriveVideo Summary:  BP Money 5 Pct Withdrawals (F. Vasquez).mp4 - Google DriveBreathless Unedited AI-Bot Summary:A surprise inheritance, a strict 10-year clock, and a plan that has to work through whatever the market throws at it—this conversation tackles the decisions that actually move the needle. We break down a practical approach to managing an inherited Roth IRA, why delaying withdrawals can preserve tax-free growth, and how to separate speculation from your core allocation so one risky bet doesn't hijack your entire plan. Along the way, we show how risk parity portfolios lower sequence-of-returns risk and why the best “edge” is often calm structure, not prediction.We dig into tax location with real-world transitions in mind. During your working years, most of the portfolio belongs in equities; the puzzle appears when you move toward retirement and spread assets across bonds and diversifiers. That's where location shines: place ordinary-income-heavy assets in traditional accounts, keep the highest-growth assets in Roth, and avoid turning your taxable account into a tax drag. We also talk about securities-backed lines of credit and why reducing portfolio volatility can materially lower margin stress when you're funding future purchases like rentals.If international stocks feel like a copy of your U.S. exposure, they probably are. We explain how currency drives much of the U.S. vs ex-U.S. gap and why targeted tilts—international large cap growth and small cap value—can be a more effective pairing than broad VXUS. Then we tackle illiquid plays and limited partnerships: categorize by the underlying asset, respect rebalancing limits, and treat truly illiquid positions as separate businesses with independent cash flows.Support the show

Mr. Beast Biography Flash a weekly Biography.Jimmy Donaldson, the YouTuber known as MrBeast, just dropped a bombshell in an interview with creator Jon Youshaei posted Monday, revealing plans for a new YouTube channel dedicated to financial literacy, teaching fans about investing, Roth IRAs, and smart money moves. Business Insider reports this fits his cash-heavy stunts like the 10 million dollar Beast Games prize, while teasing an upcoming MrBeast Financial services venture, possibly including student loans and insurance via a fintech partner. Entrepreneur echoes the scoop, noting his 454 million subscribers could make personal finance go viral.In the past 24 hours, National Post highlighted a fresh clip where Donaldson insists it would feel irresponsible not to leverage his platform reaching one in 10 people worldwide for positivity, underscoring his global sway. Beast Industries CEO Jeff Housenbold fueled IPO buzz at the DealBook Summit earlier this month, per TechCrunch, hinting at letting his 1.4 billion recent viewers become company owners someday, building on last years five billion dollar valuation.No major public appearances or social media mentions popped in the last few days, but his philanthropy machine keeps humming with the Rockefeller Foundations recent strategic partnership with Beast Philanthropy, as Devex details, blending influencer flair with institutional aid amid 2025s humanitarian crises. Ongoing lawsuits from Beast Games contestants over set conditions linger without updates, Fortune notes from September, yet his empire Feastables chocolates outprofiting media arms signals long-term biographical muscle.Thanks for tuning into this MrBeast episode of the podcast. Subscribe to never miss an update on MrBeast and search Biography Flash for more great biographies.And that is it for today. Make sure you hit the subscribe button and never miss an update on Mr. Beast. Thanks for listening. This has been a Quiet Please production."Get the best deals https://amzn.to/4mMClBvThis content was created in partnership and with the help of Artificial Intelligence AI

Key Takeaways: Roth 401(k): These accounts let you save a lot for retirement, and your money grows tax-free. You also get to take it out tax-free later, which is great for business owners who want more flexibility. HSAs: Health Savings Accounts give three major tax benefits, you can deduct what you put in, your money grows tax-free, and you can spend it tax-free on medical costs. RMDs Matter: Traditional IRAs and 401(k)s require you to start taking money out at a certain age. Understanding these Required Minimum Distributions is important so you can plan ahead. Roth Conversions: Moving money from a traditional account into a Roth can be helpful if you do it slowly over several years and plan for the taxes. Plan Smart: Good tax planning should match your personal goals and adjust as your life, income, and needs change.   Chapters: 0:01 Holiday Treats and Tax-Advantaged Savings Strategies 2:16 Benefits of Roth 401Ks for Business Owners 4:31 Maximizing HSA Benefits for Tax-Free Medical Expenses 6:46 AI and Medicine Revolutionizing Biotech 6:57 Strategies for Roth IRA and 401K Conversions in Retirement 10:43 Investment Risks and the Importance of Professional Advice Powered by ReiffMartin CPA and Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

About the Guest(s):The episode is hosted by Amy Irvine, a financial expert and part of the Money Roots podcast team. Amy Irvine, along with her team, is dedicated to making financial conversations real, relatable, and oriented around personal goals. Although the transcript doesn't detail Amy's professional history, her knowledge and expertise in financial planning and investment strategies are evident throughout the episode. Her commitment to helping listeners understand and manage their finances optimally is demonstrated through her thoughtful advice and insights.Episode Summary:In this insightful episode of the Money Roots podcast, host Amy Irvine walks listeners through essential financial actions to consider before the end of 2025. As the year draws to a close, the episode aims to equip the audience with practical advice to optimize their financial standing and prepare for future growth. Amy covers a breadth of topics, including asset management, tax planning, retirement contributions, and charitable donations, offering a wealth of information to guide listeners through pivotal year-end financial decisions.Throughout the episode, Amy emphasizes the importance of strategically managing assets and debt. She discusses the potential benefits of realizing capital losses to offset gains and highlights how certain mutual funds could impact tax obligations. Capital gain distributions and estimated tax payments are also discussed, providing listeners with key insights on minimizing year-end tax liabilities. Moreover, the host delves into retirement planning strategies, advising on required minimum distributions (RMDs), conversions between traditional and Roth IRAs, and intra-plan conversions within 401(k) plans. Her recommendations aim to maximize retirement savings while minimizing potential tax burdens.Key Takeaways:Realize capital losses to offset gains and consider potential capital gain distributions in taxable accounts.Meet required minimum distributions (RMDs) for both personal and inherited IRAs before year-end to avoid penalties.Evaluate opportunities for Roth conversions and strategic retirement contributions while considering future income levels.Engage in tax planning by capitalizing on qualified charitable donations and understanding adjustments such as IRMAA.Explore financial planning for education through 529 plans and business strategies like the QBI deduction.Notable Quotes:"You can even write off up to $3,000 of ordinary interest if you have a capital loss totaling of 17,000.""Make sure that you take that RMD before the end of the year. RMDs from multiple IRAs can generally be aggregated.""If you are over 70 and a half, you can make what's called a qualified charitable donation from your retirement IRA account.""Using those qualified charitable distributions can be a big help to reduce that adjusted gross income.""Consider the financial aid planning strategies such as reducing income in specific years to increase financial aid packages."Resources:

In this episode we tackle more of your questions, starting with a look into Roth strategy, including how TSP Roth in-plan conversions work and what to consider when converting a traditional IRA to a Roth IRA and paying the resulting tax bill. We then briefly hear from our friends at Fox CPAs. From there we shift to 529 plans and explore how to use them effectively, what to do if they become overfunded, and whether having too much in a 529 is really a problem at all. Today's episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that's where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you're still in residency. And if you're already out of residency, SoFi's got you covered there too. For more information, go to https://www.whitecoatinvestor.com/Sofi SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891. The White Coat Investor has been helping doctors, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Find 1000's of written articles on the blog: https://www.whitecoatinvestor.com  Our YouTube channel if you prefer watching videos to learn: https://www.whitecoatinvestor.com/youtube  Student Loan Advice for all your student loan needs: https://studentloanadvice.com  Join the community on Facebook: https://www.facebook.com/thewhitecoatinvestor  Join the community on Twitter: https://twitter.com/WCInvestor  Join the community on Instagram: https://www.instagram.com/thewhitecoatinvestor  Join the community on Reddit: https://www.reddit.com/r/whitecoatinvestor  Learn faster with our Online Courses: https://whitecoatinvestor.teachable.com  Sign up for our Newsletter here: https://www.whitecoatinvestor.com/free-monthly-newsletter  00:00 WCI Podcast #451 01:34 When to Take Your Social Security 09:55 Student Loan Update 22:43 TSP Roth Conversions 27:22 Large Roth Conversions 31:00 Fox & Company CPAs Interview 42:51 Overfunded 529 Accounts 53:45 529 & HSA Reimbursement Timing

Learn the truth behind myths about building wealth, plus hear from a couple looking to align on  financial goals and values. Can you build wealth without starting a business? How can couples figure out what to do with extra money in their budget? Hosts Sean Pyles and Elizabeth Ayoola share their “money hot takes” and then talk to a married couple about how they can better align on financial priorities. Sean and Elizabeth kick off the episode with their thoughts on how to become a millionaire without needing to own your own business and why they believe consistent investing from a 9-to-5 job can help you grow your wealth. Plus are Roth IRAs overrated? They might be when compared to Roth 401(k)s. Then, listeners Naomi and Andrew join Sean and Elizabeth to discuss how couples can align on their financial goals. They talk through how to define shared values, balance short- and long-term priorities, and decide how to use some new room in their budget wisely, including strategies for emergency funds, retirement, and kids' future savings. NerdWallet's list of the best savings accounts: https://www.nerdwallet.com/best/banking/savings-accounts  Get matched with a financial advisor by using NerdWallet Advisors Match: https://www.nerdwallet.com/best/investing/financial-advisors  NerdWallet's investment calculator will calculate how much your investments will grow based on your planned contributions, timeline, rate of return and compounding frequency: https://www.nerdwallet.com/calculator/investment-calculator  Are you on track to save enough for retirement? Use NerdWallet's calculator to check your progress, see how much retirement income you'll have and estimate how much more you should save: https://www.nerdwallet.com/calculator/retirement-calculator  In their conversation, the Nerds discuss: how to build wealth without a business, investing from a 9 to 5 job, becoming a millionaire from salary, Roth IRA vs Roth 401k, Roth IRA contribution limits, backdoor Roth IRA, Roth 401k benefits, emergency fund recommendations, short term financial goals, good debt vs bad debt, paying off debt as a couple, managing money in a marriage, budgeting as a couple, aligning financial goals with a partner, daycare budget reallocation, how to prioritize financial goals, saving for a home addition, using home equity loan, 529 plan alternatives, taxable brokerage for kids, feeling behind on retirement, retirement planning anxiety, compound interest retirement, how to save for multiple goals, financial planning for couples, building credit as a couple, margin in budget meaning, shared financial values, and daycare cost savings. 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

What if your 401(k) isn't really your money? In this episode, we break down Willie Sutton's Law and expose how government-controlled retirement plans quietly limit your freedom, liquidity, and control over your wealth. Follow Mary Jo Here: https://www.youtube.com/@MaryJoIrmen?sub_confirmation=1 Get the book: https://www.farmingwithoutthebank.com/book/?utm_source=youtube&utm_medium=organic&utm_campaign=wtb-ep249&utm_term=desc-top In WTB Episode 249, we continue our Becoming Your Own Banker chapter review, diving deep into Willie Sutton's Law: "Wherever wealth is accumulated, someone will try to steal it." This episode challenges conventional thinking around 401(k)s, IRAs, Roth limits, and tax-deferred retirement plans. We unpack how taxation works, why qualified plans were created, and how government incentives quietly shape your financial behavior — often at your expense. We also discuss the historical role of churches vs. government welfare, the dangers of inaccessible retirement savings, and why many people feel "broke" while technically having money they can't touch. Key Takeaways: Why tax-deferred retirement plans come with hidden control and risk How Willie Sutton's Law applies directly to 401(k)s and IRAs The real reason Roth IRAs are limited and capped Why tax refunds are NOT a win How lack of liquidity keeps people financially stressed Why responsibility—not government—is the key to financial freedom Chapters: (00:00) – Is the Government Your Savings Account? (05:50) – Willie Sutton's Law & Government Taxation (10:37) – Qualified Plans & Changing the Rules (15:38) – Roth IRAs, 401(k)s, and Control (20:55) – Liquidity Problems & Opportunity Cost (25:07) – Tax Refunds Explained (30:08) – A Private Solution Outside Government Control Grab your copy of Becoming Your Own Banker and follow along with us https://www.withoutthebank.com/product/becoming-your-own-banker/?utm_source=youtube&utm_medium=organic&utm_campaign=wtb-ep249&utm_term=desc-bot1 Drop your questions or comments — we read them. Like, subscribe, and share if this episode made you rethink retirement Links Mentioned: Becoming Your Own Banker by Nelson Nash: https://www.withoutthebank.com/product/becoming-your-own-banker/?utm_source=youtube&utm_medium=organic&utm_campaign=wtb-ep249&utm_term=desc-bot2 Austrian Economics & Mises Institute: https://mises.org/austrian-school/austrian-economics-overview FEE.org (Foundation for Economic Education): https://fee.org/

In this episode of the Aging with Grace podcast, host DG sits down with financial expert Emily Nelson to break down the essentials of money management at any age. Together, they discuss the basics of budgeting, the importance of building emergency funds, understanding insurance needs, and preparing for retirement. Emily Nelson shares practical advice for those with little or no savings, highlights the value of tracking spending, and explains key differences between financial tools like traditional and Roth IRAs. The conversation also touches on safeguarding against scams, the complexities of power of attorney, and the importance of naming beneficiaries. Whether you're just starting out or planning for your later years, this episode offers clear, actionable tips to help you take control of your financial future with confidence.Connect with Aging With Grace®️ at agingwithgraceinfo.org

In today's episode, David McKnight breaks down the creditor protection rules for Roth IRAs and Roth 401(k)s, as well as why more and more Americans are turning to tax-free accounts to insulate themselves from creditors… and the Government itself. In theory, under Federal Law, all IRAs traditional or Roths receive a certain level of bankruptcy protection under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. However, that protection is specifically tied to bankruptcy proceedings. If you're sued in civil court, the Federal bankruptcy statute doesn't automatically apply, state law takes over… By pointing out differences between states like Texas, Arizona and Florida on one end, and California and Montana on the other, David explains that whether your Roth IRA survives a potential lawsuit intact depends largely on the state in which you reside. Roth 401(k)s play by a different set of rules, as they fall under the 1974 Employee Retirement Income Security Act (ERISA). David notes that "ERISA is the big Federal law that governs most employer-sponsored retirement plans, and it comes with some of the strongest creditor  protection available anywhere in the financial world."  According to David, it's not hard to see why the Federal Government is going to need huge infusions of new revenue in the very near future. Wondering how they will be raising that capital? By targeting the nearly $45 trillion in tax-deferred retirement accounts like IRAs and 401(k). In other words, while your retirement accounts may indeed be largely immune to lawsuits, they're entirely exposed to the impact of rising tax rates. David points out that contributing to 401(k)s or IRAs is like going into a business partnership with the IRS – every year, they get to vote on what percentage of your profits they get to keep. Remember: a well-planned Roth strategy doesn't just shield you from tomorrow's higher tax rates, it can also serve as a fortress protecting your wealth from outside claims.     Mentioned in this episode: David's new book, available now for pre-order: The Secret Order of Millionaires David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement by David McKnight DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 Employee Retirement Income Security Act of 1974 (ERISA)

This week, Angela discusses five tax savings strategies to consider before the end of 2025. She emphasizes the importance of planning and understanding tax implications for financial success. The topics include charitable gifting, itemized deductions, investment and retirement portfolios, business equipment purchases, and seeking professional advice. Key Takeaways

It's almost year-end, but there's still time. Dr. Friday explains how boosting your 401(k) or IRA contribution can lower your taxable income. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment. And we probably are pushing it close, but for all of you that are employees that have 401(k)s and you’re sitting there thinking, “Wow, my income may just be a little higher. I can afford to put a little bit more.” Maybe you need to think of taking that last paycheck that may be coming up here and giving more of it to your 401(k). It will save more money today—well, I should say it will reduce your income. And then obviously later you’ll have to pay taxes, but you know, it’s a 401(k). That’s what we do. So think about doing that. And of course, it doesn’t hurt if you have IRAs or Roth IRAs. Those are all tax-related decisions. Talk to your financial planner, see what works out best for you. But from a tax standpoint, reducing your income always saves us tax dollars. You can catch the Dr. Friday Call-in Show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.

Jason welcomes Adam Bergman, founder of IRA Financial, talks about the history and current state of self-directed IRAs, highlighting their potential for significant investment returns and explaining the differences between traditional and Roth IRAs. He covered the benefits and tax implications of using a self-directed IRA for investments, including strategies to avoid unrelated business income tax and the importance of diversification in Congress's perspective. The discussion concluded with Adam explaining the setup process for an LLC through IRA Financial, emphasizing the benefits of checkbook control and limited liability protection for real estate investments. Buying via the AFFILIATE LINK saves you money and supports me. https://www.monetary-metals.com/Hartman/ https://www.IRAFinancial.com     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

From NFTs to Roth IRAs, join us as we admit we’re all just nodding along pretending to get it.See omnystudio.com/listener for privacy information.

Welcome back to the Dollar Wise Podcast. In this episode, Andrew Barnhardt and Brett Herron explore various strategies for saving for children's futures — whether it's for education, retirement, or general financial support. They break down the pros and cons of different account types, including 529 plans, custodial Roth IRAs, UTMAs/UGMAs, and saving in a parent's name. Listeners will gain a clear understanding of how to align financial tools with their goals and ensure they're setting up the next generation for success — without putting their own financial health at risk.Tune into this episode to also learn:● The tax benefits and flexibility of 529 college savings plans.● How custodial Roth IRAs can jumpstart retirement savings for teens with earned income.● Why UTMAs and UGMAs offer flexibility — but come with tax and control trade-offs.● When it may be better to save in your own name instead of your child's.What we discussed● [00:00:00] Introduction● [00:00:31] Why saving for kids must come after securing your own financial foundation.● [00:02:35] Pros, cons, and new rules around 529 college savings plans.● [00:06:55] How custodial Roth IRAs work — and why earned income is required.● [00:11:04] The flexibility and limitations of UTMAs/UGMAs for broader financial goals.● [00:14:59] Saving in your own name: flexibility, control, and important tax considerations.● [00:20:07] Why segmenting investment “sleeves” can help avoid misusing funds.● [00:22:07] A quick mention of upcoming TRUMP accounts and what to expect.3 Things To RememberSaving for your children is important, but make sure your own financial house is in order first.Each account — 529, custodial Roth, UTMA/UGMA, or personal savings — has unique pros and cons.Teaching your child about money can be just as valuable as saving money for them.Useful LinksConnect with Andrew Barnhardt: abarnhardt@hfmadvisors.com | LinkedInConnect with Brett Herron: bherron@hfmadvisors.com | LinkedInLike what you've heard…Learn more about HFM HERESchedule time to speak with us HERE102 WEST HIGH STREET, SUITE 200GLASSBORO, NJ 08028HFM Investment Advisors, LLC is a registered investment adviser. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. All investments involve risk and are not guaranteed. Information expressed does not take into account your specific situation or objectives and is not intended as a recommendation appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment advisor to determine whether any information...

Market drops are a gift when you're young and a potential gut-punch when you're retired, and this episode walks through why that's true—and what to do about it. Don and Tom break down sequence-of-returns risk in plain English, then explore practical defenses: cash buffers, CD ladders, bucket strategies, flexible withdrawals, partial retirement, and why stocks still belong in retirement portfolios whether you like it or not. Listener questions tackle letting portfolios ride for heirs, value vs. total small-cap funds, tax consequences of rebalancing, and whether political risk should affect public fund investing. The takeaway: there's no perfect plan, only resilient ones—and behavior matters more than spreadsheets. 0:04 Why market drops are good for young investors and scary for retirees 0:28 Holiday cheer, audience growth pleas, and the gospel of paper questions 1:40 Why young investors should root for down markets 2:41 Sequence-of-returns risk explained without the jargon 3:20 Real-world retire-at-the-wrong-time examples (2000, 2008, 2020, 2022) 4:48 Why sequence risk is such a big retirement planning problem 5:40 What to do if you fear bad markets near retirement 6:08 Cash buffers and why they actually make sense in retirement 7:06 Bucket strategies and how they're supposed to work 7:36 CD ladders as a “get-me-through-the-bad-times” strategy 9:27 Flexible withdrawal strategies and lifestyle adjustments 10:37 Partial retirement, side hustles, and easing into retirement 11:33 Why retirees still need stock exposure 12:26 Even small equity allocations help fight inflation 13:20 There is no perfect withdrawal rate—only survivable ones 14:11 The realistic withdrawal range and why stocks are still required 15:33 Why professional fiduciary reviews actually matter 16:21 When life blows up your retirement plan anyway 18:55 Listener question: should a retiree just let stocks ride for heirs? 21:36 Washington CARES, politics, and investing public funds 23:18 Small-cap value vs. small-cap index: FSIVX vs. FSSNX 25:44 Why low-cost value tilts can still make sense 27:00 Smarter gifts: Roth IRAs, 529s, and future-you generosity Learn more about your ad choices. Visit megaphone.fm/adchoices

Maximize Your Retirement Flexibility with Roth: Key Strategies & Real-Life ExamplesDiscover how Roth dollars offer incredible flexibility in your financial plan. Many people know that Roth dollars grow tax free and are withdrawn tax free, but few people realize just how many ways this concept can be used to benefit a retirement plan. We share strategies, discussing how Roth IRAs can help minimize healthcare premiums and optimize tax brackets, and then apply these concepts to actual client stories.

In this episode of the Know Your Numbers, REI Podcast, hosted by Chris McCormack, we delve deep into tax planning for high-income earners who exceed the contribution limits for Roth IRAs. Chris explains the benefits of a Roth IRA and introduces the 'Backdoor Roth IRA' strategy as an effective means to build tax-free wealth for retirement.Learn about specific income thresholds, contribution limits, and practical steps to transition from a traditional IRA to a Roth IRA. Discover why this strategy is crucial for legacy planning and ensuring a tax-free retirement.Don't miss these valuable insights to enhance your retirement planning!Tune in to the Know Your Numbers REI podcast for valuable tax planning tips and strategies to keep more money in your accounts. Don't miss out on empowering yourself with the knowledge to make informed financial decisions. Subscribe now and stay informed!••••••••••••••••••••••••••••••••••••••••••••➤➤➤ To become a client, schedule a call with our team➤➤ https://www.betterbooksaccounting.co/contact••••••••••••••••••••••••••••••••••••••••••••Connect with Chris McCormack on Social MediaFacebook: https://www.facebook.com/chrismccormackcpaLinkedIn: https://www.linkedin.com/in/chrismccormackcpaInstagram: https://www.instagram.com/chrismccormackcpaJoin our Facebook Group: https://www.facebook.com/groups/6384369318328034→ → → SUBSCRIBE TO BETTER BOOKS' YOUTUBE CHANNEL NOW ← ← ← https://www.youtube.com/@chrismccormackcpaThe Know Your Numbers REI 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.

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

As the year comes to a close, young investors have a unique opportunity to make small moves that can compound into meaningful long-term results. In this episode, we walk through a practical, end-of-year checklist designed for early-career investors who want to stay organized, tax-aware, and financially disciplined. Lance Roberts & Jonathan Penn cover how to confirm you're capturing all available employer benefits, including 401(k) or 403(b) matches and vesting schedules. We also discuss how to think about Roth IRAs, HSAs, and other tax-advantaged accounts early in your career—when time is often your greatest asset. On the investment side, we review simple allocation checks, diversification risks, and why staying invested through volatility matters. We also highlight tax-smart considerations like capital gains awareness, loss harvesting, and stock-compensation planning for ESPPs and RSUs. Finally, we address the foundational elements of financial stability: emergency savings, cash management, credit health, and high-interest debt. This checklist is not about speculation—it's about building durable financial habits that support long-term wealth creation. 0:00 - INTRO 0:19 - Wealth by Brackets 3:39 - Will the Santa Rally be Delayed? 9:02 - Open Enrollment & Benefits Tips 16:12 - 401k/IRA Contributions & Employer Matches 24:26 - Investment Choices in 401k's 26:56 - Tracking Down old 401k's 29:38 - Understanding Vesting Schedules 32:29 - Catching Up in 401k 33:58 - Wills, Estate Plans, & Beneficiary Designations 36:26 - Checking for Leakage 39:55 - Annual Credit Report Review 41:18 - Comniog Attractions Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=3Wyudzh3naw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- The latest installment of our new feature, Before the Bell, "Data, Volatility & Santa Rally Risk," is here: https://youtu.be/gnorFZc1qM8 ------- REGISTER for our 2026 Economic Summit, "The Future of Digital Assets, Artificial Intelligence, and Investing:" https://www.eventbrite.com/e/2026-ria-economic-summit-tickets-1765951641899?aff=oddtdtcreator ------- Watch our previous show, "Facing Your Financial Ghosts," here: https://www.youtube.com/watch?v=Ypp_HKgciow&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Get more info & commentary: https://realinvestm entadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketOutlook #SantaClausRally #Volatility #RiskManagement #StockMarketAnalysis #YoungInvestors #PersonalFinance #YearEndPlanning #InvestingBasics #FinancialWellness

A classic TRM episode that starts with Tom's ill-fated attempt to cross a flooded Snoqualmie River (spoiler: no walking on water) and turns into a timely lesson on market returns, diversification, and why comparing your portfolio to headline numbers is usually a mistake. Don and Tom unpack eye-popping 2025 performance across U.S., international, bonds, and small-cap value, warn against recency bias and overpriced active funds, and take several listener calls on Roth conversions, bad custodians, debt forgiveness taxes, and rollover mechanics. The show wraps with Don's well-earned victory lap for Seasons Readings, now rubbing shoulders with Julie Andrews and Hugh Bonneville in Apple's fiction charts. 0:04 Tom gets stranded by flooding after a questionable river-crossing idea 1:40 Flood damage reality check and sympathy for displaced homeowners 2:22 Market year-end context and “Dave Ramsey average” returns 3:32 Bond funds surprise with strong year-to-date performance 4:05 International and global funds crush expectations 5:46 Why your return may lag headlines: allocation, costs, and recency bias 6:20 Apples-to-apples portfolio comparisons matter 9:26 Active funds underperforming despite a strong market year 10:47 Global diversification pays off big in 2025 12:04 January prerecorded show tease and holiday logistics 13:25 Seasons Readings featured by Apple Podcasts—downloads explode 15:18 Fiction chart brag: sandwiched between Julie Andrews and Hugh Bonneville 16:25 Listener call: John Hancock IRA, forced conversions, and bad advice 19:06 Why liquidating inside an IRA is not a taxable event 20:17 Exposing high-cost, loaded funds and custodian nonsense 23:35 Listener question: Roth conversions, pensions, and IRMAA timing 26:36 Why “top tax bracket forever” is usually a myth 27:31 Listener call: debt settlement and taxable forgiveness income 30:13 When a 1099-C is a good deal anyway 31:56 Flood-era investment scams and terrible ideas 35:55 Clarifying direct rollovers vs. taking possession of funds 38:13 Roth IRAs for young earners—yes, even pizza money Learn more about your ad choices. Visit megaphone.fm/adchoices

529 college savings plans are a favorite tool for families looking to fund education, but recent updates have made them even more compelling. With the passing of the One Big Beautiful Tax Act in 2025, there have been some exciting changes to what you can use 529 funds for, including expanded coverage for K-12 tuition, test fees, vocational programs, and support for learning differences. I also discuss the various tax advantages of contributing to a 529 plan, like state tax deductions, tax-deferred growth, and even the ability to roll leftover funds into a Roth IRA for your child. He offers real-life examples, highlights differences across state plans, and gives practical tips on maximizing your savings and tax benefits as the year wraps up. If you're looking to make the most out of your child or grandchild's future education while being smart about your finances, this episode is packed with must-know information.  You will want to hear this episode if you are interested in... [00:00] 529 Plan updates and expansions. [06:48] 529 Plans: taxes and benefits. [08:02] 529 Plan tax-free growth. [09:55] Investment considerations for 529 plans. [13:49] New rules on 529-to-Roth IRA rollovers. The Expanded 529 Universe Most people know 529 plans are great for covering college tuition, room and board, and required fees. The One Big Beautiful Tax Act of 2025 has expanded what 529 distributions can cover, opening up a wider range of education-related expenses, including much earlier in a student's academic journey. Newly Eligible Expenses: K-12 Tuition: The annual limit for K-12 tuition expenses jumps from $10,000 to $20,000 in 2026. Test Fees and Credentialing: You can now use 529 funds to pay for standardized testing, college entry exams, and vocational credentialing programs. Homeschool & Specialized Support: Structured homeschool curricula, academic tutoring, therapies, and materials for diagnosed learning differences (including ADHD) are now eligible. Apprenticeships & Educational Equipment: Costs for apprenticeship programs and special technology or learning tools can now be covered. However, there are still some limitations: transportation, school-purchased health insurance, and extracurricular activity fees remain ineligible. State Tax Deductions The state tax deduction is a unique benefit offered by many states for 529 contributions, but often families overlook this: over 30 states offer a tax break, but the rules vary. In Connecticut, for example, you can deduct up to $5,000 per person or $10,000 per couple from your state taxable income. You must usually contribute to your own state's plan (though states like Arizona, Kansas, and Pennsylvania allow deductions for out-of-state plans). Be mindful of year-end deadlines, contributions must be made by December 31st to claim the deduction for that year. Even if your state benefit is modest, it's essentially "free money" for doing something you're likely planning anyway. Student Loan Repayment and Rollovers to Roth IRAs 529 plans now offer more flexibility, even if the intended student doesn't use all the funds for education. Student Loan Repayments: Up to $10,000 (lifetime) per beneficiary can be used to pay down qualified student loans, helping recent grads reduce their debt burden. Roth IRA Rollovers: As of recent law, up to $35,000 can be rolled from a 529 plan to a Roth IRA for the beneficiary, provided the 529 is at least 15 years old, the money isn't a recent contribution, and the beneficiary has earned income. This can be an incredible jumpstart for retirement savings if college funds aren't fully used. All 529 plans are not created equal. Look for low-cost, direct-sold plans rather than advisor-sold plans that carry extra commissions. Every dollar saved on fees is another dollar that can grow tax-free in your account. Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Fidelity Investments Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact   Subscribe to Retire With Ryan

How does a lost key fob, a wolfpack group chat, and an emergency bucket tie into smart year-end retirement planning? Kyle and Matt kick off this special episode with a hilarious—and slightly embarrassing—tale that proves even financial advisors are human. But behind the laughter is a deeper message about life's unexpected moments and the importance of planning ahead, especially as another year wraps up.Stick around as your trusted hosts break down the real secrets to paying yourself first, the must-know details about Roth IRAs and conversions, and why those three magic “buckets” could change your financial future. Not sure if you're making the most of these strategies? Don't worry, they'll arm you with just enough insight to get your retirement highways pointing in the right direction—without giving it all away. Hit play, buckle up, and maybe keep a bucket nearby... you never know what you'll learn (or laugh about) this week!Join Matthew Allgeyer and Kyle Jones as they dive into the crucial issues shaping your retirement. In this episode of Your Retirement Highway, our hosts discuss a key retirement topic, sharing expert advice, actionable strategies, and experiences that matter. From taxes and Social Security to long-term care and market volatility, they cover what you need to know to chart your retirement course with clarity and confidence.

This episode sees David McKnight look at Suze Orman, who, despite being one of the most widely recognized financial voices in America, shares what appears to be incomplete advice. David believes that Orman has done a lot of good for a lot of people thanks to her financial discipline-centered approach (in addition to being a big proponent of Roth IRAs). He agrees with Orman: "Roth IRAs are powerful, no doubt about it. You contribute after tax dollars, your money grows tax-free, and, provided you meet the requirements, you can withdraw those funds in retirement 100% tax-free".  The U.S. is currently at historically low income tax rates and, thanks to the One Big Beautiful Bill Act, they have been permanently extended. However, David shares that, when it comes to the IRS tax code, there's no such thing as a permanent extension. David's pet peeve with Orman: getting money into Roth IRAs now (while tax rates are low) isn't something that will truly protect you from rising tax rates in retirement. That's because a Roth IRA by itself isn't enough. In his book The Power of Zero, David advocates for a balanced, comprehensive approach to tax-free retirement that draws from six different streams of tax-free income. David goes through the six strategies and explains why you need each and every one of them if you want to land in the 0% tax bracket in retirement.     Mentioned in this episode: David's new book, available now for pre-order: The Secret Order of Millionaires David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement by David McKnight DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Suze Orman OBBBA (One Big Beautiful Bill Act)

In this episode of the Real Estate Pros Podcast, host Michelle Kesil interviews Fred Moskowitz, an expert in mortgage note investing. Fred shares insights on the benefits of investing in mortgage notes, the challenges faced in the industry, and strategies for scaling a business through social media. He discusses the importance of diversifying income streams, leveraging retirement accounts for investments, and the significance of networking and building relationships in the investment space.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Disclaimer: We are not professionals. This podcast is opinioned based and from life experience. This is for entertainment purposes only. Opinions helped by our guests may not reflect our own. But we love a good conversation.In this raw 2 Be Better Podcast episode, Chris and Peaches read two powerful emails that hit everything from religious trauma and teen pregnancy to addiction, stillbirth, and slowly rebuilding a marriage after rock bottom. You will hear them unpack a deeply controlling church upbringing, running away at 17, getting pregnant, losing a baby, marrying young, and trying to heal while a husband battles drugs, grief, and a broken family system. They walk through mentorship for men, women stepping into real support instead of enabling, and what it actually looks like to build a functional marriage and family after chaos, including moving states, starting over, finding a healthier community, and creating a home where the kids are protected from generational patterns. From there they shift into a homestead marriage case study, breaking down a stay at home mom on 2.5 acres, a blue collar husband who works out of town, and the recurring fights that never seem to get resolved. They go deep on “you don't listen” versus “I don't understand,” love languages, why a wife can feel unseen even with great sex, how compliments and validation work for women, and how blue collar joking and passive aggressive digs about weight can quietly destroy intimacy. You will get practical, no nonsense communication advice, how to ask for what you need without disrespecting his leadership, how to stop bottling resentment, and how to align on parenting, money, work ethic, Roth IRAs, and long term plans for your kids so your marriage and homestead actually thrive. If you are a homestead wife, a blue collar husband, or a couple searching for real marriage advice, relationship coaching, and traditional values without the fluff, this episode will speak directly to you. Become a supporter of this podcast: https://www.spreaker.com/podcast/2-be-better--5828421/support.

Learn how to shift savings between retirement and a home down payment without derailing your future. How do you balance big life experiences with long-term financial goals? Is it smart to scale back retirement savings to buy a home sooner? Hosts Sean Pyles and Elizabeth Ayoola discuss wedding budgeting, honeymoon spending, and saving trade-offs to help you think through your own big-ticket plans. Fresh off his San Francisco City Hall wedding and multi-city honeymoon through Japan and South Korea, Sean shares how he saved ahead of time, avoided debt, and still came home with money left over. They talk about budgeting for flights and hotels, deciding when to splurge versus save, the realities of travel fatigue, and how to reset your budget afterward by trimming categories like clothing. Elizabeth also opens up about her “37 to 37” joy challenge, holiday shopping stress around Black Friday and Cyber Monday, and the emotions of planning birthday and Christmas spending. Then, fellow Nerds Dalia Ramirez and Kate Ashford join Elizabeth to discuss whether it makes sense to divert retirement savings toward a home down payment. They walk through how to prioritize savings goals, use age-based benchmarks to see if you're on track, and set a clear end date for any “pause” to protect your future self. They also break down key differences between Roth IRAs and 403(b)s, when it may be smarter to lower 403(b) contributions instead of tapping a Roth, how first-time homebuyers might use up to $10,000 in Roth earnings for a purchase, and the trade-offs of sacrificing compound growth today for the long-term benefits of owning a home. Enter to Win NerdWallet's Debt-Free December Sweepstakes: https://www.nerdwallet.com/m/loans/personal-loans/debtfreedecember  Use NerdWallet's free retirement calculator to check your progress, see how much retirement income you'll have and estimate how much more you should save: https://www.nerdwallet.com/investing/calculators/retirement-calculator  Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header In their conversation, the Nerds discuss: retirement savings, home down payment, diverting retirement savings, saving for a house, Roth IRA withdrawal for home, Roth IRA first time homebuyer, 403b vs Roth IRA, pension and retirement savings, retirement savings benchmark by age, compound interest retirement, emergency fund vs house down payment, balancing savings goals, saving for retirement in your 30s, retirement calculator planning, how much to save for retirement, wedding budget, honeymoon budget, travel budget planning, Japan trip cost, Tokyo travel budget, Seoul travel budget, big life event budgeting, saving for wedding and house, Cyber Monday shopping tips, Black Friday shopping stress, holiday gift budget, birthday spending, joyful spending, government pension retirement planning, high interest debt payoff vs investing, reducing 403b contributions, Roth IRA contributions vs earnings, and first time homebuyer rules Roth IRA. 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

$7,500 is the new maximum amount you can contribute for your IRA in 2027. We recommend generally that you and your spouse (if applicable) both do Roth IRAs, after 5% to the the TSP for the match.   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 20,000 military servicemembers and military spouses have graduated from the 100% free 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/ 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. Want to be confident with your TSP investing? Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual.

McDreamy Dempsey wants to know if converting to Roth in the 37% tax bracket ever makes sense, and Gary in La Crosse warns Joe Anderson, CFP® and Big Al Clopine, CPA about Roth conversion "lag" and when it DOESN'T make sense to convert, today on Your Money, Your Wealth® podcast 558. Plus, Wine Guy and Gal in Northern California want a spitball on whether they should protect their ACA subsidies or keep converting to Roth before Medicare kicks in. Then it's the classic question for Robert in Napa, Luke and Lorelai in Indiana, and Phil and Claire in California: should they save for retirement in their traditional, pre-tax, tax-deferred accounts, or their post-tax, tax-free Roth accounts? Different needs and situations, same big question: which strategy gives you the smarter tax outcome? Free Financial Resources in This Episode: https://bit.ly/ymyw-558 (full show notes & episode transcript) Top 10 Tax Tips Guide - limited time special offer, download yours before Friday, Dec 5, 2025! Ultimate Guide to Roth IRAs - free download 2025 Key Financial Data Guide - free download 10 Tax-Cutting Moves to Make Now - YMYW TV Financial Blueprint (self-guided) Financial Assessment (Meet with an experienced professional) REQUEST your Retirement Spitball Analysis DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter   Connect With Us: YouTube: Subscribe and join the conversation in the comments Podcast apps: subscribe or follow YMYW in your favorite Apple Podcasts: leave your honest reviews and ratings   Chapters: 00:00 - Intro: This week on the YMYW Podcast 00:57 - Should High Earners Do Roth Conversions in the 37 Percent Bracket? (McDreamy Dempsey) 06:50 - The Hidden Roth Conversion Lag: When Conversions Don't Actually Pay Off (Gary, LaCrosse, WI) 18:03 - Should You Prioritize the ACA Subsidy Cliff or Roth Conversions Before Medicare? (Wine Guy & Gal, No CA) 26:27 - Traditional vs Roth Contributions: What's Better When You Make $400K? (Robert, Napa) 33:09 - Roth or Traditional Contributions? Save More or Coast After Debt Payoff? (Luke & Lorelai, Indiana) 42:13 - Roth or Traditional at Age 48: Which Strategy Makes More Sense? (Phil & Claire, CA) 49:19 - Outro: Next Week on the YMYW Podcast

Episode Summary: In this episode, Sunny Burns shares his journey to financial independence. After leaving a lucrative government job, he discusses the strategic choices that led to his success in real estate, alternative income streams, and how he's living a fulfilled life with his family of seven. Sunny emphasizes the importance of financial education for children and gives practical strategies for similar aspirants. Key Topics & Timestamps: 00:00:00 Introduction Brad introduces Sunny Burns, bringing listeners up to speed on his prior appearances and his financial journey's highlights. 00:01:31 Sunny's Journey to FI Sunny discusses his transition from a mechanical engineer position to achieving financial independence at 35 and living a 'stay-at-home family' dream. 00:06:33 Homeschooling and Financial Education Importance of financial literacy for children. Sunny's approach: establishing Roth IRAs for his kids and using the 'bank of dad' method for teaching savings (1% interest). 00:19:20 The Power of Real Estate Sunny explains the advantages of real estate investments, emphasizing control and cash flow. His success with 11 rental units contributing significantly to his net worth. 00:37:10 Traveling as a Family Insights on funding travel through Airbnb, which allowed Sunny's family to travel while earning more than they spend (e.g., $2,300 made by renting out their house while biking 360 miles). 00:46:37 Maximizing Travel Rewards Discussion on the importance of flexibility in travel plans to maximize travel rewards and points. 00:54:10 Closing Thoughts Emphasis on the joy of being a stay-at-home family and living life on their terms. Key Takeaways: Invest in Financial Education: Teach children about money management early using strategies like the 'bank of dad' method. Optimize Income Streams: Consider renting out your home (e.g., through Airbnb) while traveling to subsidize travel expenses. Real Estate as a Viable Investment: Maintain control over personal finances through rental properties which can produce consistent income. Flexibility Equals Opportunity: Travel smartly—being flexible can maximize travel rewards and opportunities. Actionable Steps: 00:07:28 Implement a savings incentive model like the 'bank of dad.' 00:38:44 Explore renting out your home on Airbnb as a potential income source while traveling. 00:20:31 Look into real estate investment as a means to create a steady stream of passive income. Key Quotes: "Achieving financial independence means spending quality time with family." - Sunny Burns [Timestamp: 00:53:37] "Turn your home into a source of income while traveling." - Sunny Burns [Timestamp: 00:38:44] "Financial education starts early; equip your kids with Roth IRAs." - Sunny Burns [Timestamp: 00:07:26] Resources: Sunny's Site - Wealth-building resources. YouTube Channel - Family financial education insights. Airbnb Listing - Look into Sunny's rental for travel information. Discussion Questions: What financial independence lessons resonated most with you from Sunny's journey? [Timestamp: 00:54:54] How can we better involve our children in financial education? [Timestamp: 00:07:26] What are your thoughts on using Airbnb as a funding strategy for travel? [Timestamp: 00:38:44]

These three retirement deadlines before December 31, 2025, could literally double your money overnight, unlock up to $70,000 of Roth contributions, and turn your accounts into a tax-free ATM for your future! In this episode of the Main Street Business Podcast, Mat Sorensen and Mark J. Kohler break down powerful, little-known 401(k) and Roth strategies that most employees and small business owners are completely missing.You'll learn how to “match & out” your workplace 401(k) so you don't leave free employer money on the table, how the Mega Backdoor Roth works using after-tax contributions inside your 401(k), and why high earners and oil rig workers were among the first to exploit it. The guys also cover critical year-end deadlines for setting up a solo 401(k), how to snag valuable small business tax credits, and smart ways to structure Roth conversions so you don't accidentally bump yourself into a much higher tax bracket. They even touch on using your kids' earned income to fund their own Roth IRAs and create generational tax-free wealth.If you want to keep more of what you make, grow your retirement accounts faster, and stop relying on Wall Street or your employer to “save” you, this episode is your year-end checklist.Listen to the end, then hit subscribe for more tax and wealth-building strategies, drop your questions in the comments, and share this with a friend or family member who needs to take control of their retirement before the year is over!You'll learn:How to avoid missing the three major retirement account deadlines coming up before December 31, 2025Why doing a “match & out” on your employer 401(k) can instantly increase your contributions using free employer fundsHow the Mega Backdoor Roth works inside a 401(k) and why it allows up to $70,000 in Roth contributionsWhy high-income earners, including oil rig workers, were early adopters of after-tax 401(k) strategiesThe exact deadlines and setup requirements for opening and funding a Solo 401(k) for small business ownersHow to use Roth conversions strategically without accidentally jumping into a higher tax bracketHow to use earned income for your children to fund their own Roth IRAs and create long-term tax-free wealthGet a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here's the link - https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=buzzsprout&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360 Looking to connect with a rock star law firm? KKOS is only a click away! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification. Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!