Roth Conversion Questions & Unemployment Contributions to a Roth: Q&A #2016
April 18, 2020
Jim and Chris take their time answering two questions today about Roth conversions and unemployment contributions to a Roth. (4:38) George from Minnesota wonders what are some considerations for doing a Roth conversion as someone in their 50s: how much should he convert? What are some potential pitfalls? (33:04) A 38-year-old listener has some questions about using unemployment benefits to...
Listen NowCoronavirus Market Fears and a Variable Annuity: EDU #2015
April 15, 2020
A listener who purchased a variable annuity with a guaranteed income benefit is worried because his annuity has dropped about $90,000 in value since the stock market corrected over the coronavirus, but still offers a compelling income benefit. He is unsure if he should keep the annuity or transfer it to Vanguard where he manages his own money. Jim and Chris dissect his situation and explain to...
Listen NowQuestions about the CARES Act: Q&A #2015
April 11, 2020
Jim and Chris address three very specific questions on the recently passed CARES Act and how it relates to IRAs, Required Minimum Distributions, and Coronavirus Related Distributions from retirement accounts. (32:35) A Virginian asks if the CARES Act could enable his wife to strategize Roth conversions with her TSP. (44:00) Another question from that same Virginian: will his mother be required...
Listen NowBenefits of Proper Asset Positioning in the Midst of Life’s Storms: EDU #2014
April 8, 2020
When life’s storms come up unexpectedly (such as the current coronavirus pandemic), what are the benefits of proper asset positioning? If you’re at or near retirement, how can properly positioning your assets help your emotional reaction during market turmoil? Jim continues to practice social distancing while he and Chris discuss this topic brought to us by a listener’s...
Listen NowRolling Over TSP to a Roth, Retirement Spending Trends, and Roth Conversions: Q&A #2014
April 4, 2020
Jim calls into the studio today as he and Chris answer listener’s questions about rolling over a TSP into a Roth IRA, retirement spending trends, Roth conversions, and more. (11:55) A listener asks about rolling over tax exempt (combat zone earned) funds from a TSP to a Roth. (41:40) A Floridian wonders what is Jim and Chris’s experience with clients’ spending trends. (50:40) A...
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