20 Burst results for "Fifty Five Hundred Dollars"
New Jersey eighth-grader wins replacement Spelling Bee
"An eighth grader from Edison New Jersey has won a virtual spelling bee called spell pundits now this replaces the scrips national spelling bee this year which had to be canceled because of the pandemic Naveen morality takes home the prize of fifty five hundred dollars fifty five hundred Bucks that is significantly less than the fifty thousand dollar prize for the annual scripts competition but you don't sneeze at fifty five hundred
"fifty five hundred dollars" Discussed on Movin 92.5
"And ten thousand yen approximately fifty five hundred dollars but thanks to a small typing your he accidentally ended up selling six hundred and ten thousand shares for one yen each little the state because the securities company shares to drop like crazy they lost two hundred and seventeen million dollars in the firm went out of business two years later okay you will hate math if you notice all of most of these are mathematical errors yeah well this is why no one likes don't pay attention to details people I played with that much money yeah this is why I didn't study math I was like dude I'm I'm not there's not a lot of pressure involved when Mathis in the equation number three when the movie Star Wars came out in nineteen ninety seven the movie studios thought the film would be a huge flop and they were frustrated because the film needed a large budget for all the special effects creator George Lucas agreed to take a pay cut his salary in exchange she asked for rights to the movies merchandising fox didn't think it would be worth anything so yeah whatever take it Hey S. the estimates have found the Star Wars merchandising has earned about thirty billion dollars is just became the smartest man on the planet yeah and meanwhile fox's during the program at the ploughing on TV just trying to make any money in the the bank right now number two in two thousand fourteen a French rural company designed a new fleet of trains to replace their old outdated models the company ordered almost two thousand of them to.
Spain arrests nearly 100 for speed boat smuggling of migrants, drugs
"Spanish police have arrested nearly one hundred people suspected of being involved in a migrant and drug smuggling ring from Barcelona Lucier Benavidez reports they're accused of loading hundreds of migrants and tons of hashish onto boats in North Africa bound for Spain Spanish police say migrants paid fifty five hundred dollars each to cross the Mediterranean Sea into mainland Spain the trips were made from sale to a Spanish enclave in North Africa that borders Morocco there's a twenty foot tall double fence there that separates the two countries and runs
"fifty five hundred dollars" Discussed on Behind the Bastards
"Like two hundred fifty, five hundred dollars a piece and holding conferences established different centers in different states and whatnot foundations. He called them in the money, started pouring in Hubbard's work, developed a rapid fan base who blanketed newspapers with. Angry letters when they provided critical commentary was sort of like an early example of what now happens every time anyone insults anybody popular? Yes. Like the first edition of the Elon Musk's internet hate mob was L Ron Hubbard's fans of Dianetics sinning, angry letters to the New York Times. One of the heads of Hubbard's troll brigade was a political science professor from Massachusetts named Frederick Shuman. In one letter to the New York Times, he wrote history has become a race between Dianetics and catastrophe Dianetics will win if enough people are challenged in time to understand it. Now, the reason that people thought this was so important was because L Ron Hubbard who claimed that Dianetics was not just a path to personal betterment. It was a way to cure people of mental illness of psychopathy, but also it was a way to if everyone did Dianetics if everybody that came clear Hubbard said there'd be no more war. And this was again, you're talking about nineteen fifty. The specter of nuclear extermination has just arisen for the first time. So people are freaked out that like we're gonna murder the whole species which we probably will at some point. Right Hubbard is claiming with Dianetics. We can denuclearize the world. We can all live in peace. You know, this is what will save humanity from the darkness of the Cold War in America ended up for the first time in his life. L Ron Hubbard became the focus of national attention which is clearly what he'd wanted his entire life. Yeah. So suddenly he was being interviewed by a lot of journalists and newsmen, and of course they asked him about his childhood and his background, and this is when he was held at all about. I was a blood brother of the blackfoot drive across the country. Yeah, don't go. I would. I was pirates of the Caribbean. What's your life? If you were to write like a Twitter post tomorrow? That becomes the bible of the world, six months later for some crazy piece of internet alchemy suddenly, suddenly everybody's talking to kaitlin Durrani and wants to know like, what did you grow up? What's the lie you choose to tell? Oh, I mean, I'm just such an honest person that I can't even make up a live every in have your own religion with that attitude. I think the closest thing I would would be that I'm from punks Tony, Pennsylvania, the home of the groundhog. Of course, that's a lame line, I know, but it it. The truth is that I'm from a town about twenty miles away, but it's just easier to say, yeah, I'm from punks Tonga's not even a, that's like, let's like growing up in Mesa and claiming you live in Phoenix like it's just making it easy for somebody just so brutally honest that I can't even fathom lying. Let me tell you how I do it. No point in my life would, yes. Okay. So Abubaker albuque- daddy, the founder of ISIS, probably dead, right. I would just lie and say, I killed him because I was over in Iraq around that time. So there's a kernel of truth. It's easy enough to make up the rest of the lighter and nobody who doesn't fact check. That would be my lie. Okay. If this the internet wasn't here, it would be easier. The internet exists would be easy to prove it wrong. But if there was like nineteen fifty, I could probably lie and big people believe that. It's so hard to fact check in pre internet. Everyone's just like, I guess he was a blood. I'm not gonna ask blackfoot Indian about whether or not they have blood brothers. Talked to somebody who's not white? No, sir. This is the New York Times, right? Although in fairness, the New York Times, they were actually very critical. I picked the name of the newspaper. I slandered, great lady. Let's get back to the story before I commit slandering..
"fifty five hundred dollars" Discussed on AM 1590 WCGO
"Five. Andy is on Twitter is an individual allowed to have multiple Roth IRA's. Absolutely. You cannot put more than fifty five hundred dollars into an IRA and individual retirement arrangement in a year. But hypothetically, you could have fifty five hundred one dollar higher age. I'm not sure you could find bite open those. But. The law doesn't stipulate how many of them it's just the total amount. In other words, you can put like three thousand in one thousand five hundred and another if you wanted to and so are you can open one IRA with an investment broker and put it in various investments like we suggest spreading it across four types of mutual funds growth, growth and income aggressive growth and international and you can do that oftentimes in one IRA, but multiple investments inside the IRA. In the Roth. Of course means it's growing completely tax free. Now, sometimes people say the IRA stands for an individual retirement account. It does not in the actual law in the IRS code. It says individual retirement arrangement, which helps you distinguish what this really means. An IRA is not an investment. It is the way your investment is treated for taxes. So if you take your investment and say that's the cookie jar the IRA is the coat you put around the cookie jar to keep it warm. If you shut the cookie jar out in the cold it gets taxed. Now, would you be by mutual fund, and it doesn't have a coat around? It doesn't have an IRA around it. It gets taxed, but if you wrap it up and a coke called an individual retirement arrangement, an IRA, a Roth a grows tax free. If it's a traditionally grows tax deferred, and you take the tax deduction for the amount. You put in. But that's all it is. So you can have an IRA at a Bank with a lousy cookie jar. Meaning like a one percent rate of return or savings account rate of return. You're going to have an IRA in good growth, stock mutual funds. Like, we talk about, but you can put lots of different things inside the coat, lots of different kinds of investments inside the coat. So an IRA does not mean a certain kind of investment, I've got a bad IRA. I've got a good one. No, you have a good or a bad investment inside of your individual retirement arrangement. So your IRA is simply the way it's being with your 4._0._1._K 4._0._1._K where did that come from? It's section four a one of the IRS code subsection cake. When you look it up. It's got the section 4._0._1. ABCD all the way down to k and k is the one that allows employers to hold money out with your permission of your check or money out of your check with your permission and put it into an investment that you choose. And then there's a lots and lots of rules that employers have to perform in order to. Do that properly under the Orissa rules. But that's where it comes from. That's where the all these weird numbers come from the same thing with four zero three b if you work for a hospital or a nonprofit a four zero three Bs section four zero three of the IRS code subsection b. Addresses nonprofits, in hospitals in a couple of other things government, government employees. You'll have a four zero three b but works like an array are works like a 4._0._1._K. They all work. It's just the way you're in indus- mistreated. So inside your four zero three b you could buy really crappy insurance type investments, and some teachers have as an example, some of the, nurses and doctors have been sold some crappy stuff inside these four three beasts, but you don't have a bad for three BU bad investment inside your four zero three bake. So if your mutual funds are under performing whether or not they're in a retirement arrangement of some kind. That's when you look at the actual investment and you make the adjustments. So yeah, you can have multiple accounts as long as they don't total more than the annual limit the annual limits. Fifty five hundred dollars five thousand five hundred dollars. If you're married you can do another fifty five hundred whether or not your spouse. Earned income you have to have an earned income. Meaning you cannot live off of disability income or investment income you have to have self employed income or wages of some kind. That is quote an earned income in order to do an IRA. So if someone's living on disability that cannot do an IRA if they hundred percent disability. The you can't do one. Now, you can do other investments, and you shot you should look at that. That'd be the plan. Right. But but you can't do an IRA 'cause you don't have an earned income, quote, unquote. That's according to the way, the IRS laws are the IRS regulations rather read erica's with us in Houston. Hi erica. How are you? A little stress. How are you? Better than that. How can I help? I've been myself in kind of a bad situation. I have a loan of about twelve thousand Hari, I'm trying not to cry. Okay. Harlem what else? I've got about eight thousand in credit cards. And I am currently unemployed. I'm looking very aggressively for job actually applied for some of your jobs this morning. On your website. But my parents really are pushing me to go back to school and finish my degree and take out to do that. And I just really. Doesn't make sense to me to take out more debt. I agree. Are they only you're only two debts? Okay. What were you making? About thirty six thousand. And when did you lose that job? In july. Okay. All right. And you're how old twenty seven. Okay. And you're single. Your parents live where? Nearby me living with them. Or are you trying to pay the apartment rent or whatever no job? I am currently crashing on a friends couch. I don't know what else to do where were you living. I had a house with my boyfriend, but we broke up and ended and I. So you don't have that ability or that problem? Okay. A lot of volatility in your life right now. Kiddo. I know where I can see why you're scared. I understand what is your. What were you studying when you were in college? Called integrative study where you pick three fields. Mine were psychology counseling and business. And how far are you from finishing your degree? It would take me about a year. Look good. Okay. That's good news. Will it cost? I don't know. I'm sorry. I think it's worth looking into to figure out what it would cost 'cause you're that close to the finish line. I can see the tape. You all you gotta do is run through the line. Right. See them the race. You're almost there. Your only your away. My goodness right now, it seems like a power money away and a problem away. And all these other things, you're you're homeless and got car payments, and credit cards and everything else. So I agree with you. I think you've got good gut instincts. I would not tell you to go into student loan debt. What I would tell you to do is start anything. You can start today you ever car? Let's deliver pizzas. Let's go find somebody and babysit for them. Let's start to get any kind of money. We can get coming in quickly. Just to kind of get some of the panic away from your from you. Okay. Don't worry about your credit cards. I don't want them to get behind. But if anything gets behind, those you eat, I you pay your car payment and keep gas in its second. And you work at anything you can get work at immediately waiting tables. You can walk in Houston's got a got a labor shortage right now. It's not hard to find work there. Now, you may not find what you're looking for. But I don't care if you're shoveling sawdust on a construction site you need to be working by Friday. Mike, you some money, and you won't have time to be scared. Okay. Then let's get you back into little little apartment, and then let's get your career moving again. And then go finish school with cash after.
"fifty five hundred dollars" Discussed on Newsradio 950 WWJ
"Offering a three thousand dollar reward for information leading authorities to the person of interest, in Clinton township double murder combined. With crime stoppers earlier reward, the total is now fifty five hundred dollars police want to talk to Robert Marqus ak- after his sister and her boyfriend were found dead in a shed over the weekend at the Charles, h. right museum in Detroit thousands paying their respects to the late Aretha Franklin day one a visitation happening, down till nine, o'clock. Said rest in peace Queen we are, going to miss you gone but not forgotten. Are Sandra McNeill is there. We'll have live team coverage. Coming up throughout the afternoon authorities are investigating after a threat was called. Into the city's police department the, high school is insecure mode which, means instruction is taking place but students are not moving from classroom to. Classroom as a precaution today the, first day of, school superintendent Adam. Hartley says students are safe w WBZ news time to fifty one it is time for making the grade helping to drive up Detroit's literacy rate by encouraging residents to, visit their local library and installing. Free little libraries across the, city I've Greg moment and this is making the great understand the vital link between literacy and success so these libraries represent our hope that we can help empower individuals to increase the reading, skills to be availibility a free book that's Danilo Ortiz la- laying president of the Detroit chapter of the, American Association of, women. And communications which is working with the, Detroit public library to install the latest little. Library at the park Mun. Branch on Oakland boulevard people. Can walk to these libraries it's it's closer to where they live or. Where they were or were they, socialize and allows them access to, free books Ortiz lane says these libraries may be little but they have. A big impact and the little, libraries is part, of this global gra- Grassroots campaign to help individuals improve. Their reading and, their and therefore improving your, chances for personal for making the great I'm Greg Bowman w w j NewsRadio nine fifty A tasty cake it's all about making happy. Happen no matter what. The. Situation helping your friend move yeah third time this year what do you say we put a smile on that face with a. Tasty cake peanut. Butter candy cake sure why not So what do you think I have to say that's a, delicious cake great.
"fifty five hundred dollars" Discussed on The Minimalists Podcast
"Bouza. I don't know. I don't. Sorry. My question is weirdly financial specific, but maybe it'll help other people. I was wondering how you felt about a 401K versus a Roth IRA. Because in my opinion, it seems like the Roth is more flexible. So if an emergency were to happen or something comes up in your life where you suddenly need money that you could take it out of the Roth, but I kind of see that as a negative thing as well, because kind of dangerous playing with your retirement. Those are both bad for emergencies. The answer is neither of those are good for emergencies seriously, which is why you have the emergency fund. Exactly, right. But going back to your question, the difference between the two. Whenever you all here Roth, I want you to start to get a Tinguely. All right, because Roth means us after tax dollars. So all the money that happens all the growth that happens happens tax free, the government can't touch it again. All right. So a Roth, four one k. Roth IRA that's all post tax dollars. You've already paid taxes on the money. So now you're going to have tax free growth. That's the beauty of that of 401K is pre-tax. Ax meaning it's taken out before you ever get your paycheck. So we have to pay taxes on our four. One k. later when we start to take the money out at eight fifty nine and a half. So here's another thing with Roth IRA's you can only put in fifty five hundred dollars per year if you're under the age of fifty. But if you're over the age of fifty, you can do an extra thousands. You can do sixty five hundred, but a 401K you can hit at twenty four thousand. So I like to say this, I love raw. I love to utilize Roth, but 401K also has a great place because it allows you to put more money away. So I encourage people to utilize both start with your 401K again, investing fifteen percent of your household income and then utilize Roth IRA also. But you may have an opportunity on your job to do what's called a Roth, four one k. which again is a great opportunity. So both of those are good for investing. I would encourage for a one k. I then Roth IRA but don't pull money. Out for anything, have an emergency fund for that. Yeah, I think that's the pithy answer from all of us here is don't use your retirement to fund your emergency. Yeah, I was. I was admitting all my financial mistakes, Chris infesting. Confessing because what I did in an emergency situation. So I got my first tuition pay-back I got that first Bill in the mail, and I was very, very broke at the time and I was looking at this Bill this like you know twenty something thousand dollar almost thirty thousand dollar Bill and I'm laying how in the heck am I ever gonna pay this off? Even making the payments was a bit stressful payments. Two hundred bucks a month that was stressful..
"fifty five hundred dollars" Discussed on 10 10 WINS
"In Brooklyn, during a party police say a man in a wheelchair fired a gun toward a house here on east forty third street early this morning. And off duty officer who was here then. Shot the man, in the wheelchair hitting him in the hip police say the man is thirty years old and is, in stable condition in police custody at brookdale hospital officers have been here investigating for hours they have, several evidence markers in the. Street. At one point they used a ladder to look on top of van that's parked on the side of the street and they've. Been going in and out of one of the, sidearms between two houses Holly hair ten ten wins in east flatbush no why idea given out. You're about to get your chance to have your say on the MTA's forty billion dollar fast forward program, it's all, aimed at, modernizing subways buses para transit, other elements of the system to it's going to be hosting a series of town hall meetings Andy Byford president of the MTA? Spoke with ten ten, when my primary goal, is to. Get people's support political support. Community support and the general public, support but what will be A very ambitious plan. First public meaning a set for Tuesday night at the Milton g Basson performing arts center at York college, in Jamaica, queens they, say more of them will, be announced sometime soon Wins news time nine forty, nine the NYPD searching for, two suspects they say rob to Bronx stores gun point in the span of an. Hour on Friday around two thirty in, the afternoon say the thieves demanded money at Kennedy fried. Chicken on Cortana avenue or one worker was hit on, the head. Off about a thousand, bucks in cash there about a half an hour later they hit a. Convenience store in west thirty first street they, fled with fifty five. Hundred dollars from the. Register no injuries in the second robbery the employees struck on the head and the first incident refused medical attention you, can, see video the suspects at ten ten wins dot com Cloudy skies seventy two degrees in mid down wins news time nine fifty today was the first Sunday mass. Where Pennsylvania Catholics in the wake of, grand jury report that revealed, that hundreds of priests in the state molested more than a thousand children dating back. To the nineteen forties tonight reports at, two of those priests have now been placed on leave. Found quote unsuitable for ministry reaction today at a Pittsburgh, dice this. Where a third of, the clinic clergy listed.
"fifty five hundred dollars" Discussed on BizTalk Radio
"Five down under one twenty now you're eligible to do a roth contribution whereas if you're at one thirty five and you there's different rules here so you want to keep your down but that one hundred thousand you can do it no problem yes you can do eighteen five into the combination of the roth 401k traditional 401k and fifty five hundred dollars into a roth ira so i think that if you're doing that you're going to be both of them up at a fairly even pace you're going to be very happy and time to have that going for you so he could do nine thousand two hundred fifty in the roth 401k nine thousand two hundred fifty presumably in the regular 401k oh and by the way has company matches so there's going to be a little bit more as you said in in the regular forum he gets three thousand dollars matching contribution going into the regular ones so is ross is going to be growing a little bit quicker oh darn off because you'll be putting in the half of the contribution to the 401k and fifty five hundred to the roth ira where half going into the 401k and the matching contribution traditional so you only get three thousand extra instead of fifty five hundred roth ira we'll be growing a little bit hey growing more tax free i don't have a problem with that i don't have a problem with it either not bad though twenty eight years old i suspect that if somebody's paying a twenty eight year old one hundred thousand dollars they're probably going to be making that for quite some time one hundred thousand dollars you're putting away ten nine you're pretty close to getting out of the twenty four percent bracket into the twenty two percent bracket you're going to be down under the bracket so you got a little bit of room is at twenty four to twenty two percent bracket so there you go you out of the twenty four tax brackets we may be talking about that tomorrow you never know and his 401k strategy contributes your 401k to be eligible to rock i think i heard that on the show yesterday pretty cool all right.
"fifty five hundred dollars" Discussed on WLAC
"Twelve seventy four and then we wanted to talk a little bit about the third bucket which was like tax free money which traditionally people think of roth there's other ways to do it but roth account is definitely one of them let's talk about some of the in the in the break i was talking about you know where i want it to go with this last segment and i kind of want to diverge a little bit here now i'm thinking about the fact that a lot of times when people look at raul's they realized that there's somewhat limited in how much money they can put into a roth so an individual under the age of fifty can put up to fifty five hundred dollars a year an individual over fifty can put a sixty five hundred dollars a year that extra thousand dollars just called a catch up amount so because there's some limit their people think well i don't really know how to maximize my roth as i get older and i'm making a good amount of money but what some people don't realize is that you can convert some of these tax deferred monies into a roth or tax free status in different ways that you can do a lot larger amounts you wanna talk about that a little bit yeah it's called a roth conversion so you can take money from your traditional ira's in for some companies now we're starting to see them that will offer a roth 401k option you may have some rollover options within that company but once your account is out in a traditional ira self managed or managed by a financial adviser you can choose to do what's called a roth conversion and you can take dollars or shares of an investment.
"fifty five hundred dollars" Discussed on WLAC
"Twelve seventy four and then we wanted to talk a little bit about the third bucket which was like a tax free money which traditionally people think of roth there's other ways to do it but roth account is definitely one of them was talking about something in the in the break i was talking about you know where i want it to go with this last segment and i kind of want to diverge a little bit here now i'm thinking about the fact that a lot of times when people look at raul's they realized that there is somewhat limited in how much money they can put into a roth so an individual under the age of fifty can put up to fifty five hundred dollars a year an individual over fifty can put a sixty five hundred dollars a year that extra thousand dollars just called a catch up amount so because there's some limit their people think well i don't really know how to maximize my roth as i get older and i'm make making a good amount of money but what some people don't realize is that you can convert some of these tax deferred monies into a roth or tax free status in different ways that you can do a lot larger amounts you wanna talk about that a little bit yeah it's called a roth conversion so you can take money from your traditional ira's in for some companies now we're starting to see them that will offer a roth 401k option you may have some rollover options within that company but once year account is out in a traditional ira self managed or managed by financial adviser you can choose to do what's called a roth conversion and you can take dollars.
"fifty five hundred dollars" Discussed on WTMA
"We started we just invested fifty five hundred dollars in a roth ira because as you suggested do an investment by the age of fifteen so the goal was to wait until retirement so they can reach the million dollar and our question is since she's ten should we invest more every year until she fifteen or fifty five hundred should safai so gosh i am gonna upset you this money for your ten year old did it go into a roth ira earn into an investment account a roth ira or so a child or an adult can only put money in a roth if you have with some earned income and so i imagine your ten year old isn't working yet no but we have a company and she didn't help us but we figured an income for her it has been done okay we'll do that so fifty five hundred ten years old you keep her on the payroll you keep her working and you do the fifty five hundred year after year she's gotta have earnings little greater than fifty five hundred in order to put the fifty five hundred aside you've got to actually pay her the money and then she would have like a custodial checking account and then you take the money from that to find harare if you're doing fifty five hundred a year that's plenty because doing that starting at ten she's gonna be so loaded with money when she reaches retirement age there'll be so many zeros at the end she'll be just fine she's still a preteen and she's doing more than twice as much money as my chart shows she will be a millionaire potentially many times over the clark howard show.
"fifty five hundred dollars" Discussed on Chris Hogan's Retire Inspired
"That line gets people every time you see the good thing is is that they listened they were coach able i mean they connected with people that we trust for investing which are smartvestor pros and they began to lay out goals as well as a plan the better thing is that they didn't just plan they went out and actually did it over the last seven years they've each put in fifty five hundred dollars into a roth ira each year so they put in over thirty eight thousand dollars which plus the growth in everything of where they are so with the 401k the four zero three bs and the secret weapon roth ira's they're on their way to their retirement dreams and i'm always amazed at what the right people can do with the right information and the proper plan you see anybody can take control of their financial future it just requires making a decision as i said earlier as you're chasing down your retirement dream or simply starting to get that dream into focus it can be overwhelming at times with all the financial jargon acronyms and terms used to describe all the things that are out there but ultimately like john and lisa what you have to do is get serious and take action and that's what they did now you've heard roth ira i don't want to take some things for granted and i want to take some time to kind of explain a few things and and walk you through some typical questions that i get on the topic but just for starters are author a as a retirement savings account that allows your money to be able to grow tax free you see you fund a roth with after tax dollars meaning you've already paid taxes on the money that you're putting into it so i want you to think of the money the direct deposit from your check let's say from your job once that money goes into your bank account taxes have already been withheld from it so now as you start to fund a roth ira with the money from your bank account now what that means is you funded it by paying into the roth or investing into it and now.
Minor League Ballplayers would lose minimum wage rights as part of $1.3 trillion spending bill
"To the president signing today of the one point three trillion dollar budget wipes out the threat of a government shutdown but also the hopes of a minor league baseball player a number of them to earn a living wage as kcbs reporter holiday kwan explains buried in the budget is legislation that strips those players of minimum wage protections for years ago three players filed a suit in san francisco federal court charging major league baseball in its teams violated the fair labor standards act state minimum wage and overtime laws minor league players can make as little as fifty five hundred dollars a season but they work year round sometimes living with host families because they can't make ends meet in the new budget is something called the save america's pastime act exempts minor leaguers from federal labor laws bruce simon is a san francisco lawyer and lead counsel on the twenty fourteen case he says it's not entirely game over definitely going to have to challenge of political and legal front this is just a total you know go in the back door what you couldn't do in the front door but part of the case survives the case for past damages survives this is not retroactive so there'll be a part of the case of is but the part that may not survive as part that ticks is it's the system and that's really the important part the act was introduced seemingly to protect financially shaky minor league teams that might have to start contributing to their own payrolls right now minor leaguers are paid by their big league affiliates and this saves them money all kwan kcbs news time five star light lounge presents progressive box oh what a great audience let's stem the lights for this next one too much there it is you got to get things just right like progressives.
"fifty five hundred dollars" Discussed on News 96.5 WDBO
"We started we just invested fifty five hundred dollars in a roth ira because as you suggested as you do an investment by the age of fifteen so the goal was to wait until retirement for they can reach the million dollar and our question is since she's tans should we invest more every year until she is fifteen or the fifty five hundred should safai okay so gosh i am going gonna upset you this money for your ten year old did it go into a roth ira earn into an investment account a roth ira or so a child or an adult can only put money in a roth if you have with some his earned income and so i imagine your ten year old isn't working yet no but we have a company and she did help us we figured an income for her it has been done so fifty five hundred ten years old you keep her on the payroll you keep her working and you do the fifty five hundred year after year she's gotta have earnings little greater than fifty five hundred in order to put the fifty five hundred aside you've got to actually pay her the money okay and then she would have like a custodial checking account and then you take the money from that to find hurrah if you're doing fifty five hundred a year that's plenty because doing that starting at ten she's going to be so loaded with money when she reaches retirement age there'll be so many zeros at the end she'll be just fine she's still a preteen and she's doing more than twice as much money as my chart shows she will be a millionaire potentially many times over the clark howard show news ninety six five oh where orlando turns first for breaking news weather and traffic twenty four hours a day team coverage starts now nine thirty at news ninety six five wdbo.
"fifty five hundred dollars" Discussed on Listen Money Matters
"So like you do a simple because if you wanted to you know provided two martin and give him incentives the cept by ria it in like words can do is super selfish episode selfish and actually i don't know if you could have both or what the deals that but the cepd ira is like a wicked tax cheat code so sorta kinda take a step back normal iras um they allow you to i thought i wrote it down here it's like fifty five hundred dollars a year i'd it if if you qualify so you have to not earn a lot of money to qualify i want alec not earn a lot of money but if you earn too much money that you won't get this benefit earn below the threshold you could contribute up to fifty five hundred dollars a year to a roth or traditional ira with a separate ira you can contribute up to fifty three thousand dollars into an ira that is a deductible pretax expense for your business so you don't have to pay it you're you're ought to contribute with your salaried bunny with your whatever reasonable salary yet like if your business has set sail you did this whole calculations and you're like well twenty percent of the remainder goes into this like trump tax code benefit and you could take that whole rest peace in up to fifty three thousand and and there or we'll get into the specifics of it you just throw that into an ira for yourself deduct it and just not pay taxes on it yep and the thing is.
"fifty five hundred dollars" Discussed on The Money Guy Show
"Acts deferred meaning you get a tax deduction now but when you pull their money out at sixty five seventy you're going to pay ordinary income taxes on what you put in plus whatever growth occurred with a roth account because you know roth ira as whatever you put a you don't get a your tax deduction but when you pull it out is completely taxfree so you put fifty five hundred dollars into a roth ira pull it out and it's worth thirty thousand that twenty four thousand five hundred of growth never got ta get to enjoy it the for squeezes the fruit without paying taxes so it's an incredible opportunity the problem with roth ira as they phase out based upon your income you start getting close to the two hundred thousand dollar mark for a married couple you can no longer contribute to a roth ira but guess what 401 case four 43 bees offer roth contributions without any income limits so it's it's an incredible opportunity in by the way it's not capped at the fifty five hundred that's right or the thousand dollar catch up with you over 50 it's capped at the same rate as normal for one case 18 five for those under fifty and twenty four thousand five hundred for those over 50 that's an incredible way to turbocharger retirement so let's move on a number two what to do with those abandoned assets this is the part we don't want to leave those soldiers behind you have options and and this is something i think that there is an w and we love rollover ariz don't get me wrong but there is something that i think that that is not always gesture default option a lot of people and there's a lot of people on your sunday morning radio show sunday morning tv shows where they just trying to get you to roll those those orissa covered 401 k came fourth ruby plans over to a rollover ira and we're like okay before you make a decision of what to do with these old assets from an employment plan that i've left behind i think you ought to just hit pause.
"fifty five hundred dollars" Discussed on WBAP 820AM
"To get into a america illegally aga was this teeshirt that's what i think we should do put him senate back within shirt i'll give them the most compassionate 4star care as we arrange for them to go back and then get them back within a handful days if if they need to stabilise medically that's fine to then and then but you know within a week or so get them back over to the country that they're from we'll pay for you but you go back you are not seeking asylum he's not belong here you are not of here you're not an immigrant you're an illegal immigrant and we will compassionately put you back to where you belong get out here one of the guys that was busted in this who's talking he has been deported already he was already hearing was deported and gosh whoa wirth this is his second time he was deported to four should be a felony under what donald trump wants it's a second time and gosh dominant i pay i'd been 55 doubted of i did they either although you met me citizen these guys want to vote he has earned his way here he is paid his way to the terrorists honestly this really no difference in hiring the eta's and giving them fifty five hundred dollars emmy would you feel the same wafer's alqaeda or isis if you've paint fifty five hundred dollars to isis to come over here eight hundred two eight eight wbap is our number eight hundred two eight eight nine two tuesday chris they spent a lot of money to give you maybe we should give them amnesty well ahead of a rough ride it was very asked as sickening and difficult of maybe we should give them amnesty no did not get amnesty nor should they but they should be treated compassionately anselm this lady at the rally for the legals in san antonio they were the open air rally listen to hit a rally calling for justice they had a rally kong for justice and san antonio who they rallying against i wonder if they're having a rally for justice in san antonio with this is going on who's the rally against it's a rally for justice i think rally against us how could you not only they're gonna put the sauce are they rally against us or they rallying against disease who did this to them who they round and this one lady at.
"fifty five hundred dollars" Discussed on WSB-AM
"The big differences so the roth ira your limited to fifty five hundred dollars a year with an ice will you do fifty five hundred a month if you could afford it there's there's really no there is a limit but it's a very high limit but there's technically it's almost an unlimited amount that you could put into this index universal life and therefore you could let that build up to the point where you generate of very generous because what happens is a builds up account value over time and then at a point in time that it's built up up enough cash value account value then your cash value earns interest credits you're death benefit that you're paying for has a charge to it once you get to a new called past the tipping point the earnings that you're getting on your interest credits are bigger than the cost of buying the insurance as it were our and then you're able to take a loan out against your cash value in that loan is is just that it's alone of about it when you take out a loan from a bank you put cash new cap right right well you don't pay tax on that that's true because not income same thing with an eye you will so you take alone against this thing it comes to you it's cashmere in in your account but it's not taxable from the irs perspective that is the a super powerful way you've got the disposable income and like ronaldinho i'm i'm generating an extra one thousand or two thousand dollars a month of of cash flow i should just put it in a brokerage account will you can do that but all the gains on and are going to be taxable and if you if you have long from cowboy gains will be it it it a longterm capital gains raden there's ways to minimize that or maybe you take some of that and put it into one of these insurance strategies that allows you to grow the thing just like you would in a brokerage account and then later take it out on tax rebates so you're roth ira as our great they've got great advantages their limitations or how much you.
"fifty five hundred dollars" Discussed on BizTalk Radio
"In in my wife has another one in seventy five there so often oh okay in one year made a contribution and that was not the duct last year you put for fifty five hundred in that was ultimately not a deductible contribution correct yet but we did not pick it up our tactics we knew that before we get a market not it update okay but you made the contribution to your traditional ira even though you're not able to deduct it so i guess seventy five thousand dollars in total value in your ira fifty five hundred of it is astra tax money money wadi pay tax on what you could do is ask your 401 k at work whether they'll accepted most of them do take the what does it sixty nine thousand five hundred of pre tax money in your ira transfer it to your 401 k now the only ira that you you have all of your ira raised in total at up to fifty five hundred bucks and you have fifty five hundred dollars of aftertax money in your ira so you can convert that fifty five hundred of africa of the of the entire ira to a roth ira and because the entire iri it is made up one hundred percent of aftertax money you don't have to pay any tax on the conversion because all the pretext money is not in an ira anymore senior for one k and for forward you can make nondeductible contributions to your ira step one can read it to a roth ira step to that's the rock to step what now is it in ledbetter upto you do that three up play in that ugly work and then maybe there's another investment clayton intestine ira anymore if i get to that point but may income info putting the money up for now finally matic and there are other investments i just don't believe there quite as good now if you said.