Today on Your Money, Your Wealth® podcast episode 249, Joe Anderson, CFP® and Big Al Clopine, CPA answer your money questions: How do you figure out the break-even point on a Roth IRA conversion? The fellas discuss whether to convert, how much to convert, and when. Plus, the step-up in basis on a primary residence, self-employed small business retirement plan options, the difference between a financial advisor and financial planner, and defining a registered investment advisor and broker-dealer. Send in money questions, read the transcript & access free financial resources: bit.ly/YMYW-249
Free Download: Tax Checklist - purefinancial.com/white-papers/tax-checklist/?.com&YMYW-249
00:00 - Intro
00:39 - I’ve Maxed Out My 401(k). Can I Contribute to a Roth IRA or Roth 401(k)?
04:25 - Should I Make a Roth Conversion at the End of the Year or Contribute to a Roth 401(k)?
11:14 - What’s the Break-Even for a Roth Conversion?
20:58 - I’m a Widow. How Do I Apply For Step Up in Basis on a Primary Residence?
24:38 - How Can We Contribute to Our Roth IRAs?
27:55 - Self-Employed Small Business Retirement Plan Options
37:51 - What's the Difference Between a Financial Advisor and Financial Planner? What are Registered Investment Advisors (RIA) and Broker-Dealers?
Pure Financial Advisors, LLC is a fee-only Registered Investment Advisor providing comprehensive retirement planning services and tax-optimized investment management to thousands of people across the nation.
Schedule a free assessment with an experienced financial professional:
bit.ly/PureAssessment
Office locations: bit.ly/PureLocations
Ask Joe & Big Al On Air: bit.ly/AskJoeAndBigAl
Subscribe to our RU-vid channel: bit.ly/YMYW-YT
Subscribe to the Your Money, Your Wealth® podcast: link.chtbl.com/ymyw?sid=y
IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.
• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with a tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. As rules and regulations change, content may become outdated.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors. #YourMoneyYourWealth #YMYW #YourMoneyYourWealthPodcast
26 ноя 2019
