38 Burst results for "IRA"
Fresh update on "ira" discussed on Our Auto Expert
"At the annual CPAC Conference Conservatives anticipating former President Trump's address today and are a head Wayne LaPierre, one of the speakers, see and are a will not submit. Way will not allow them to define the second Amendment. In their terms. We will not surrender our freedoms. You're listening to ABC news. Did you get out of the airplane? If you knew it had a 50% chance of crashing, You may be riding that plane right now. If you have your money in a 41 KR IRA, and you plan to take out the recommended percentage each year when you retire, your chance of running out of money is 50% 50%..
Fresh update on "ira" discussed on Dave Ramsey
"Today's question comes from Isaac in Chicago. His question is, I hear you mentioned that you need to invest in the four types of different mutual funds for retirement. My question is is do these mutual funds need to be specifically inside of in a retirement account a Roth IRA IRA or cannot just have mutual funds that are non retirement accounts. But still invest 15%. Well looking at this. Obviously, the four types growth, growth and income, aggressive growth and international these air mutual funds you want to use inside if you're 41 K or four or three B. That's that's the best opposite opportunity you have, especially if you have a match. So you have that availability. Now you can also invest in mutual funds outside of retirement as well. But you're 15% You want that inside of that retirement account? Yeah, because the vast majority of the money that is going to be in your account when you get to retirement is not going to be the money you put in. It's gonna be the growth and the fact that it is sheltered. Inside of a Roth IRA. All of that growth is tax. Free if it's in a Roth And so if you start saving now and investing and you have $2 million in your four Oh one K. Somewhere around 90 per cent of that money. Roughly 1.8 million of it is either going to be taxable or not taxable. Depending on how you handle it. It'll be taxable. If it's a traditional, it'll be tax free. If it's a Roth and it won't be there if it wasn't in there otherwise, because it would have been taxed all along..
Fresh update on "ira" discussed on Prosper
"Invest with the fund operator who was great strategy and a proven track record. We've looked at some of these opportunities owns. One of the builders is the builder of the World Trade Center, the rebuilder actually of the World Trade Center. Very, very successful track records from this builder and some of the projects they're working on. Look very promising. Anyone who's interested in how to reduce capital gains and invest in something is going to grow tax free. Give us a call it 866 wealthy will be happy to discuss that with you. There are a couple other ways you can grow your money Tax free Roth IRAs allow investors to grow their investments completely tax rate and withdraw the profits tax rate. If you make under $124,000, you can contribute each year 6000 or 7000. If you're over 50 Although traditional IRAs can be converted to Roth IRAs without any income limitations, what we do for our clients, Keith is we look at their tax returns, and we determined each year how much we might want to consider converting from a traditional IRA to Iraq because in 2025 Tax act is set to sunset and tax rates are going to go up in 2026. So we want to do this for the next 4 to 5 years and less taxes go up sooner. Yeah, So it's something you have to look at. Every year. There could be some compelling tax advantages to doing partial Roth conversions each year. Hopefully, your advisor is discussing that with you, if not if you want to discuss that with us calls it 866 wealthy. Now, you know, Steve, the latest stimulus bill had a benefit for the wealthy as well. The last round of stimulus. Call. The Continuing Appropriations Act of 2021, which was signed into law late last year sent $600 checks the many Americans in need. Although the main point of the law was to help Americans in the lowest income brackets, the law included a nice gift for they flew in as well. Those who have accumulated sizable assets tend to pay a lot more taxes on their income. This latest stimulus bill provides a way for the.
Lets unmask the confusion about masks
"I'm fought macedo. Sitting in for jordan heath rawlings. This is the big story. Jennifer mcdonald is a doctor physical medicine and rehabilitation in ottawa. And is one of the five hundred signatories on a letter calling federal and provincial governments to seriously address the aerosol transmission of covid nineteen. Hi dr mcdonald. Thanks for joining us. Thank you for having me so. I'm really curious about how this letter came about. Can you tell us a little more. Would its goals are and what the purpose was of writing and sending it to all the governments sure so it came about actually for me on my end. I was actually on maternity leave. And was reading up on the science of covid nineteen transmission and notice that there was quite a bit of controversy even between a leading experts and wanted to see more interdisciplinary collaboration. So as a rehabilitation doctor we are experts in interdisciplinary collaboration. And i thought while i am by no means an expert in nineteen i could bring my expertise in that collaborative approach to bring these disciplines and hopefully come to some sort of consensus on the science of transition. So that's how we got writing this letter and bringing these people together. We have doctors. Relevant scientists occupational health and safety experts as well as engineers as a part of the team. We're sort of like a loose coalition all with interest in promoting this route of transmission which is air assault or airborne transmission. So that was the goal of the is to ask our country as a whole as well as each province to better acknowledged the importance of aerosol transmission as well as to implement appropriate measures to combat it so clearly. This wasn't happening because you had to write about it. I i noted in the in the letter that you you mentioned or all signatories mentioned that international scientists came together to i bring up this issue. In july of twenty twenty and yet nothing has been done in canada since and the public's understanding of transmission seems to have become murkier and honestly more confusing. So i'm wondering if you can explain how the virus is transmitted is it. Airborne is transmitted through aerosols. And and what's the difference really Yes and i think that's kind of the heart of the issue is that term airborne and it's very contentious amongst some experts in public health as well as infection prevention and control. They reserve that term for diseases that have ironclad proof that they transmit through the air at very far distances in after a long period of time so an example is musil's that We have proof that it can be transmitted between faraway rooms and if a person left that room in that someone else came in an hour later they would get infected so basically the they're not wanting to use that term to describe covid nineteen since we know that in the majority of cases people are getting transmitted at close contact so when they are With somebody close to them so in terms of how covid nineteen can be transmitted. There's sort of three modes that we hear about in. That's full night's droplets and airborne or aerosol transmission so in terms of how someone can get infected by code nineteen truffaut mites. That would be if an example of that would be you. Wipe your eyes. You have copa. Nineteen and then you shake someone's hand and then that person wipes their ira reps their nose and they get infected So that's off. We focused on hand hygiene now. Interestingly full might trent full night's transmission is not found to be the main mechanism. And that's actually recognized by most of the big public health bodies that yes it's likely important but it's not the main issue so then we get to droplets and aerosols so you can think of a large droplet at transmission as a large saliva canon ball or spitball coming at you and basically that's protected from the person off when they're coughing or sneezing and would land on your eye or on your mouth and therefore Make entry into your body. And infect those cells in the nose or mouth or is in the upper respiratory tract and the thought is over time. It might migrate down into down into the lungs causing more dangerous viral pneumonia. What has been ignored in medicine. I must as dr. I was not taught about this. Possibility is the idea of aerosols being important at close ranges well so a good example is to think of smoke and if someone smoking and you're standing next to them and they breathe a big plume of smoke directly in your face while you're gonna inhale quite a bit of that smoke in it's coined probably to make you cough and turn your head away. So imagine aerosol says smoke and they're going to be most concentrated when you're close together so eric. Short range aerosol transmission or airborne transmission at close contact with. Someone is still an important vote of transmission. It's not really being discussed. And so basically the difference between airborne and air assault is more semantics. Actually i think it's actually easier if we use the term airborne to describe it 'cause the public that makes sense to
The Failed Shangri-La Plaza
"The star studded high production surrealistic musical sitcom shangri la plaza was originally produced as a pilot for b. nineteen ninety ninety one season but for one night only the network decided to air it as a summer fill in on july thirtieth nineteen ninety and that half hour made history. Well kind of in a really weird bad way. So we're gonna talk about the sitcom shangri la plaza. All of the weirdness that occurs around it to talk about cop rock. That was abc. Same year that this came out. It has a very cop rock field. But what is what are your reactions to this the intro. I could not tell you what it was about. If you pay me any amount of money it so abstract i guess and never mind the cheesiness. that's i expect that it's one thousand nine hundred ninety experimental. Things are a little bit weird. I was just saying that. Like i guess seinfeld came and say yeah television at that point but i could not tell. It seemed like a place. Where maybe there's food and abc live. I don't know what is highly. It's hard to tell it's it all began really with nineties. L. a. mall culture shangrila was inspired by that and it was filmed on location in north hollywood strip mall at the corner of vineland and burbank boulevard. In north hollywood california just went for it. This set a strip mall was built on top of an original strip mall which is where the problems really begin. This mall on mall design was the topic of a washington post story in nineteen ninety emmy award winning art director. Jeremy ray elton best known for his work on playhouse was responsible for the set sign. And that's not the only high-calibre name attached this very confused project. Broadway legend terrence man. Who played leads in. Layman's and cat stars as ira bondo machine mechanic who works with his brother. George jeff jaeger lanes musician love interest. John remain in seinfeld. Speaking of seinfeld at the mall's bodyshop. When amy molloy hardin yes jan on the office takes over her shitty husbands donut shop. I think after he dies. Both brothers are instantly. Smitten future smallville. Star nexium sex cult leader. Alice mac a very young l. Plays amy's precocious eight year old daughter in her only on screen acting role jazz. Great carmen lundy plays the donut shops. Only employees savion glover plays a wrapping teen commenting on. What's happening kind of greek chorus style. An oscar nominee. Chris sarandon plays the plazas landlord. It's for something where it's just a pilot of a throwaway like experimental pilot like pretty heavy hitting actors. The show itself was helmed by horror sci fi writer director nick castle. You may know him as the co writer of john. Carpenter's state from new york. And he played michael myers in the original halloween. The composers were craig sapphire or sedan known from his work. On cheers and mark mueller. Who wrote the theme song to duck tales and jennifer pages. Nine hundred ninety eight hit crush it just like there's a lot of talent involved in this project and it just gets lost along the way while working together on projects like the last starfighter tapped the trio discovered. They had a common passion. The three of us loved old musicals. Knicks dad was a choreographer who had done royal wedding and many other movies sephardim says and the opportunity to make a musical finally happened. When cassel's pal jeff sagansky became the head of cbs. He was looking for something new. Some fresh ideas for cbs program lineup castle savannah mueller who themselves the schmaltz kings were creating in la based rock opera and unique written and composed by credit on the pilot the or inspired like i said by the strip malls around the mall culture in the late eighties early nineties. Kind of creating something colorful and also their love of musicals. It's like a hat and a hat on a hat. The pitch to cbs was also pretty weird. The schmaltz kings cleared off sagansky desk and with the keyboard and two speakers. They perform songs from the show in character.
A Father's Fight
"Spastic paraplegia fifty or spg. Fifty is a neurodegenerative disorder that progresses slowly from infancy patients experienced developmental delays specificity and paralysis in the lower and upper limbs and microcephaly among other symptoms. It's an autosomal recessive disorder. Which means that. The child inherits the disease causing genetic mutation from both parents. I'm joined today by terry. Pure volek s whose son. Michael was diagnosed. This ultra rare condition. Terry and his wife georgia founded the organization cure. Pg fifty in order to find gene therapy treatment for michael and all other children affected by this disease. He will tell us his family's story and give us an update on how research is going for his son. Welcome terry thank you so much for being here. We really appreciate being able to share your journey with you. So can you tell us about your family's journey with this disease. So on december seventeen two thousand seventeen michael. Our youngest son was born. It was pretty much uneventful. We went to the hospital mill the night. My wife said her you know her. Water broke our third child so we were prepared. We got there. The midwife is there and michael came out in pretty much like an hour and a half. We were home within three hours so it was. It was very quick. It was completely uneventful and he was a perfect little kid he was you know he was quiet. He was the perfect child. Around six months of age we noticed that he wasn't raising his hands and he wasn't following the milestones are other children. Were following in. My wife said know. Something's up so he brought him to the doctor in the noticed that his head was starting to fall off. The charter wasn't growing as expected. And he he had something called low muscle tone to that kind of fell into the odyssey of finding out what was wrong with him. And i think it's important to note here especially for any parents that have gone through this themselves. How agonizing this step can be especially when it turns out that it's this sort of rare disease. I imagine there were all kinds of tests and all kinds of doctors. Who were just telling you that. They didn't know what it was. And how heartbreaking. That can be for parents obviously are. I thought you know what he has. Low muscle tone as you know. It looks like he's head is smaller but don't worry about it. He'll he'll catch up. And then you know that kind of lasted three months and then we were like okay. Will he still not progressing therapies and he is improving but you know his head still isn't growing. What's going on so then we went to sick. It's hospital in toronto. And we went to infectious disease. Because i was traveling at the time to latin america and he thought maybe he adds zeka so we went down the path of siyavizy ca testing. And all the other infectious diseases. What you didn't have any of them obviously and then we moved into neurology. Team did an ira. And they found that they they saw few. You know things that were not normal but nothing major. And that's when they started doing you know the panel testing which came back all negative and then finally let. We were very lucky that they did the genetic testing and then on april second of of twenty nine thousand nine. He was diagnosed with this. You know terrible disease. And how did you find doctors that were able to tell you more information about this disease. We were really lucky. That won't april second. We were told to go home. Love michael that there was nothing really the can do for him that he will most likely be completely paralyzed with limited brain function and As parents we were absolutely devastated by drove home that night. And i honestly i don't remember how even got home. Allie member his crying on the street in the car. But we found a family 'cause we're hearing the paper. I don't know what happened. I think i lost it but denied the emailed us what the disease was in the diagnosis and we found a family that had spg forty seven out of boston and call them up that night in a panic and the as she walked us through the disease and and who are the specialists and they took care of us for the next two weeks while we mourned this significance piece of our lives. It was almost like a while. It is like a piece of our soul was taken away from us. That's a really amazingly lucky to be able to find a family and have them be so willing to help you out especially in those early days will not just not the lucky that there are. She already going in the path of gene therapy. So not only do they tell us what the disease prognosis was. But they were telling us what they were doing for their disease and for their gene therapy program and spg. Forty-seven is part of a protein complex called ap four and under that ap four there's four genes their ap for eight before and one s one g one and be one in ours was the same essence. We all have the same disease so we were very fortunate. Karachi went on that path and and and kind of guided us for the next two weeks on what we should be doing and we took it on and did it ourselves from
How To Leverage the Power of Outsourcing Through a Network of Referral Partners With Brad Wales
"One of the skills that you have in one of the powers that you have is is creating a network a deep bench of referral partners that you have already vetted in order to help that adviser after they transitioned. Ria be able to do the things that they want to do. And you and. I talked about this a little bit when it came to marketing right so a lot of people are leaving and wire houses because they're just so tired so tired in especially brother now with this new ruling right oh my gosh testimonials and all of the things that we're going to be able to her finely doing as an ra that's really powerful. How do you find referral partners. And what do you do to that them to increase your confidence so that when you make that referral you know that they're going to do. Good work for your clients a deep bench as you said because as part of my value proposition is helping advisors figure out a whole number of possible solutions. That that they're going to need they go down a path of perhaps the a model and so some of those some of those contacts were just built up over my my years and years and years in the industry and they they came through whatever circumstances than others. I've i've specifically sought out either to kind of deepen my bench or to or to fill a gap in that in that. That's always an interesting exercise and that will forever be be something i'll do because something else will come along and nokia. There's a solution. Maybe we need for that. And it's an interesting exercise. Because i had people that just have not been responsive to me and i can out region out and i know there's a lot of people that are always some sales pitch and so sometimes someone misinterpret while you're reaching out to but that but when i'm reached out in more eloquently but basically and hey i might be in a position to send you referrals asking for any compensation in return. I just would like to learn more about your platform. And and even when i present that some sometimes people either are slow to get back to me or don't get back to me and i just think wow if they won't get back to to me when i'm kinda tossing him a softball how are they. How responsive are they going to be two advisers. I might send them. And and that's that's quite telling on the front end. I try to give people balance. The dow is a busy world. And maybe this kind of missed the first message but but you can kind of feel things out and mad. That's how you and i got to know each other. I just reached out to you very responsive and have a conversation after that and and here we are down this path. So i think it's that kind of initial thing and then just really feel and people out in in once they know. Hey look. I'm not. I'm not trying to sell you just trying to be a good partner here. And what kind learn. And then it's interesting because without even trying you're setting upper a situation where they're gonna reciprocate in the long run without me even asking for a by the way. Could you keep me in. Mind it it just naturally works out when you're when you're looking to genuinely help someone else out perhaps with referrals. It comes back to you as well as you were saying that i was thinking back to when you and i met man of course is for all virtual and it was on linked in right i remember looking at your stuff and watch some of your videos and the first thing that i thought to myself is. This guy's not trying to hawk stuff. It's it's value value value expertise value right in. That's what i fell in then the minute we got on the phone. Just the alignment of a of values. Right i mean. And i'm not talking about deep philosophical values. I'm just talking about business. Core business values. We were in line. And so i was just out of call brad. This is funny was just on a call with an l. p. o. Rep yesterday. Sales call. And i had bad news for right because we have not had the greatest success with l. p. o. wraps because of compliance right so we have nine podcasting tactics and and some of the tactics are bringing guests on an l. p. l. was totally against that we don't provide legal advice isn't frigging. You're not anyway. Whatever i'm not going to get there. And so i was joking with this. It's a father and tucson office and they're they're in western illinois. Hi said well. Hey guys this could be the reason why you guys leave l. l. and you know Start your on our a. And the youngest son the youngest who's been actually with affirm the longest smiled and said well you know that's a conversation we had bam brad's name popped into my head and i was like. Hey guys when. You're ready to do this. I got somebody for you. This is what he does. And you've stayed top of mind one. Because of the fact that i actually do trust you secondly because you have a very narrow focus which means that. I know that you're gonna do what i would refer people to you for but at the same time you have helped build a relationship with makes that referrals a lot easier to to go back and forth and i'm not gonna flood you with new clients as you're not gonna flood me and that's not really the point because as we deepen our relationship we are going to know exactly who you're looking for right so everybody here at problem is gonna know okay if we come across this person. They're the person that we refer to to. Brad right and you're going to be able to do the same thing with us when it comes to outsourcing. What is the number one thing in your experience. In working with financial services professionals that is their biggest obstacle or the biggest category of outsourcing. That if you could wave a magic wand and takata which everybody would outsource this. What would that be at that. You were going to say what. What is the biggest challenge for the person to appear on my radar. So i did separately. You answer that answer this first one and then we'll go back to that one. As far as what my number one. Category of outsourcing. It is quite wide. In the reason i say that is. That's part of why my value proposition exists. Because unfortunately in this case of help advises with if you want to transition into that aura model. Unfortunately it's not just one or two vendor types that that you you need to work with. Its compliance folks marketing. Folks it's technology folks it's custodians. It's back office folks. it's it's all these different vendors and so certainly some are more bigger decisions if you will. You must must make decisions that nice to make decisions kind of thing. And and so that in my world. That's perhaps your custodial partner that that's a big one. That's really going to move the needle. The other end of the spectrum is dozens of different technology applications. You could use you know maybe that. That's the last little piece that adds one little bell or whistle is that's not going to be as pivotal but it still might be important to you. So even something as simple as someone sees that. I use callan lee on my website of how people arrange a conversation with me in the grand scheme of things. That's that's a pretty minor vendor compared to a custodian but yet it's a very powerful tool nonetheless that i think any industry people should be thinking of it. Certainly in the financial services industry is a way for people to get a hold of so. Let's let's talk about people getting on your radar. People are listening to this. And they're like. Oh my gosh. I'd love to refer some business spread. Who who who are the ideal people i mean do you. Do you love working with the wirehouse transition or d transition. Or what what is your. What is your favorite as far as the people come to me. They're seeking out my services. It's primarily anyone again that's interested in that ra model. There isn't an interested because a lot of folks just simply haven't even dip a toe let alone learn let alone be and not use baseball analogy in the fifth in kind of that education process and so in many instances that is wirehouse folks quite often. That's independent broker dealer folks for for the example you gave. Unfortunately there are some constraints even that independent world that that you can perhaps be free of a net or a model. The evan talked to a fair number of people that are. Add an existing. Ira that's not the rhone that they've kind of outgrown that opportunity in wanna launch off onto their own or as well so it's it is it does run the gamut but primarily the more the more pain points you have now and the bigger that gap is to the promised land is where the opportunity is so so something like a wirehouse adviser both from economic jump and a flexibility jump is just a significant advantage. That makes it appeal to have that kind of
SEO Strategy for LinkedIn with Anatolii Ulitovskyi
"You are a very popular lincoln. Follow follow of yours. I love your content. Find it very engaging in very useful when we talk about your strategy. What's interesting to me as you are an seo practitioner but most of your audience is not finding you through google in russia. Gandak the finding you through a social media platform so talk to me about why you decided that focusing on linked in was a good strategy to promote seo services instead of relying on seo. Oh by the way. It's a good question. You know eddie member How might need is slow. Says a splint. Promoted my russian content and the catholic will build a blog the oath of the resources to promote or rationally geno and we decided to do jumpy english direction. And it's a little bit sources and many if you promote on google eat. It takes a lot of diamond resources. And i decided to suicide or other directions. Only june one ear them because today on link with combat medium people use your and only if you meet all of them concern and they formed the app grief. Come down the this award and failed and you say decided to throw him many guys forcible. You know it's to offer. Just go to google search on linked june guides ira hundred. It goals bolton. Jim anna. Don't don't for me because it's better to test a lot. Different approaches to in sometime got some bullying and i use the strategy today and welsh to continue dissuade. The thing that sticks out to me about what you're saying is that when you were expanding to a new market you the realization that it was gonna take a lot of resources and a lot of time to not only publish content but to get it to rank and i think that's one of the important things that great. Seo's realized that seo is not necessarily a strategy that you can build overnight. There is value to other marketing channels social media. Marketing performance marketing. That has a quicker return and you in a hurry to start building your audience so you focused on linked in. Let's talk a little bit about what you've learned on the linked in platform most of the time when we talk about seo we are talking about optimizing our content so google ranks it but in reality great seo actually happens across multiple channels. You've optimized your content for resonance on the linked in algorithm. What have you published. What did you learn. What helps you grow. Your linked in following so quickly i think consistency and this article. That sad formation did you need to post bond die. Maybe it doesn't regularly deal. You need to boost maximum opposable and for example east lifetime. a composer. Don't times a day. If i give them all. This time i suppose three five dimes out. Yup i don't know what works. Because when i just the different approaches i saw that if something does for others it doesn't look for me and i decided stool meeks formats do lately for the length of my content record digital content. You'll slim jim groups and many other places heading can sound michael down and i formed debt. It's wet to look because you don't some genetic map votes yukon. Give dhec some of these. You just awoke. You can find sunken that those you and independence on your concerts uncle. When they started from scratch. I have more followers after diaz. I used all the data information and techniques and if i go this way i never get full win but when i decided to use different approaches and engaged other example if i owned some influence of sports like guy were deniro been son i can get conduct legs and a little almond send. People come to my account and full me yuppie just this a lot now if you will not be revealed today. It's bet that a dual on the license but if you have more volume it's better to engage content and my tip. Number one is tacoma. To vote is but will follow a look influences in your nearest and submit almost individuals our after bush content. And don't write like thank you. It's a great and they said it doesn't work is but the to find assumption share. Bail your aunt extent some information and insights discontent and it helps.
Takaya Imamura, Tingle’s creator, retires from Nintendo
"The man who created captain falcon fox mccloud mask and more has retired from nintendo switch jordan at to kaya imamura the nintendo artist and designer who gave us characters like cap falcon and fox mccloud and more not to mention the name and visual identity of the election. Result of mature mask has retired from the company as reported by kotok email maria and now that it was his last day working at nintendo on his facebook page after thirty two years with the company quote. This is my last day. I'm going to work. I took a selfie with the empty debt with the empty office. I guess i won't be coming in here anymore as you'd expect miss it and From kotok whose translation commemorative facebook post emrah worked on character designs across the zero in star fox series creating iconic nintendo characters like kevin falcon and fox mccloud among many more more. Recently he directed to steal. Ira games and was a supervisor. On the last two smash brothers releases was also the art director of the legend was majorities mask responsible for the design of the eponymous mask in the games in the games name as well as the character tingle. It's worth it's worth remembering that. According to zelda series producer numa were came up with the word majora by combining his own name with the word. Shoe monje
4-Step Self Care Breathwork Protocol To Beat The Blue Monday Syndrome]]]]]
"It's monday morning here on main street. Vancouver it's dry. It's cloudy and the weather is still an crisp. I woke up at five. Am did my morning. Routine had accord shower. And i'm feeling great right now. How you doing recently. I came across the term blue monday. Which is a name given to. The third monday of the year due to the combination of both christmas blues chord dark nights at least here in the northern hemisphere dismal results from the new year's resolutions that some of us have set and the arrival of unpaid credit card bills entered offered all in most parts of the word were still in a lockdown socially isolated mentally stimulated because of all the social media apps and there's a mass hysteria about the virus. And i know that it is very hard for most people around the world to deal with. And that's why i decided to put together a four part breath work protocol for you to try out. It is guaranteed to make you feel better. Promise me that you'll do this. And then you will reach out to me to give me some feedback. I want how it went for you. And how you fared after your promise. Now before we get started. I wanted to give a shoutout to magda who reached out to me with an email a few days back. And here's what you said jay. I started listening to your podcast. After i was recovering. From my niece edgy in may two thousand and twenty. Your show was my one. Stop shop to all things spiritual and bronzed on from there. Researching and learning about all sorts of different topics is much of wealth of knowledge from your shows. Many thanks for shedding it. All with us mukta. Thanks mugged up so glad that you get value from our shows and i appreciate you listening. I also wanted to quickly answer this. One question from kendall christine from our podcast. Facebook group is asked me this question. If someone's typical unconscious breeding Is impacted by trauma. How does one this store regular breathing patterns without actively making the self conscious and aware of their red twenty four by seven. And that's a great question and there are many ways to look at it. A simple way to look at it is when we expedient drama of any kind it creates an emotional signature that is stored inside our body as it a minor for us to avoid experiencing similar negative experiences in the future. It makes sense right so the body wants you to a wide. Negative expedients are another drama. Potentially in the future in so it's sort of adding a minder. Storing it in the body and this dramatic expedients how you breathe because we're always on the lookout for danger. Something suspicious on a stimulant that can lead to eight relapse off that same expedients typically when we breathe shallowly at his breathing only to the chest and not all the way down to your belly were unconsciously on a state of alert our fight or flight which is associated with high stress levels. High blood pressure and constricted blood vessels by learning how to correct our breathing consciously breathing diaphragm medically and breathing nearly through the nose rather than through the mouth. Were training our body to relax and active the rest and digest system. Initially you're doing it consciously but then over a period of time it becomes unconscious now. This breath work along with visualization and mantras and some journaling and other practices can slowly but surely release the health drama. So that your body is convinced that there is no danger and that you can breathe fully and easily just like any other habit through practice through repetition and self love you will unconsciously start breathing correctly in a way that supports your health and white daddy. For example at night. I is small piece of tip o'neill like a three m. micro poor small tape on my lips. Go train myself to breathe through my nose. Evil while i'm sleeping. I've endured that to snore sometimes at night and this advice from the book breath by james nestor has really helped. Correct my nocturnal breathing. Batons but again. Sometimes good habits can take time to farm and you need to shower yourself with self love index small steps baby steps because that will make all the difference. I hope that makes sense scandal. Thanks for asking me that question. And with that being said let us begin with our four step breath work protocol step one do and bianca younger literally means self love and it is an ira vedic self-care practice of oil massaging yourself to balance your dossiers. Relax nova system and make your skin glow. There are many ways to do this and some can take one or two hours. But i'm gonna give you the short and simple method. That will take about ten to fifteen minutes. Firstly
Why Now Is the Time for Infrared Photography
"I have one two three walks. That i take daily in every time i head out the door. I have a camera with me hoping to capture something new and unique. These walks important because my jobs as a photographer have all been crushed by the virus. And i haven't traveled for work since march twenty twenty so each day. I hope to see something new to record and possibly share with others in lately each day. I've been disappointed. So one of my friends herald is a big fan of infrared photography and he's shown me a lot of different things that you can do with it to go beyond what i've dabbled with the years so i go all right. This is kind of exciting. So i decided to revisit. What's happening in. I are and to tell you the truth. What's going on right now. Blew my mind. It did in the me excited about my daily walks again now. The big leap that i took this time. And i'm gonna talk about a pun intended the full spectrum of photography In a few minutes here because you can start versus simply. I done that. And it's very satisfying and then there are more options and more options more options and each time you go to that next set of options everything gets a bit more exciting but in the beginning any of it is exciting. Believe especially compared to probably which you've been doing or haven't been doing lately the big leap that i took was guinea my hands on a olympics. Emt mark three that had been converted to full spectrum by kalari vision now. Kalari vision is a company There about three companies. You know three big name companies. That are doing these infrared. Conversions and kalari vision is my favorite of the three. I have a camera by them. I've talked with them. I mean these are terrific folks and they really know what they're doing and all you have to do is click on the link in the site and you can go over there in you know read All sorts of background information really understand what's going on with infrared photography learn about all the filters learn about all the cameras you know by converted cameras. Get your camera converted. I mean it just goes on. And on and i'll go into more of that right now but when i referred to kalari vision that is the company that is doing the work you know for the gear that i'm using and they provide the filters that i use with that gear so getting this ten mark three converted to full spectrum camera just opened up this whole new world for me beyond what i had experienced before with. Ira photography because by using different filters a different points in the wavelength I was able to create completely different effects for example now on i take those daily walks over familiar territory which i'm doing still right because things haven't really changed to tell you the truth. It's like i'm in a different world each day on monday. I can shoot with a seventy two filter for stunning. I are black and white photography and then on tuesday take the same walk with the i. r. chrome filter and get something completely different this delicious world of complimentary oranges in blues. So every day is new. Thanks to photography. And now i'm excited. I'm excited i'm excited to go on the walk. I'm excited thinking about okay. How am i going to approach today. And because you don't know how certain things are going to look until you actually look at them through the camera. It's like this adventure in. You have like this magic set of glasses to unlock the view into this different world. And sometimes i'm very surprised but what i see. Sometimes you can kind of anticipate a little bit. What you're gonna see but every time it is then fresh and exciting. Now this backup a little bit on you know getting started with. I are so you can start small and ease into i r or go big with the converted camera and then you know there's like lots of options in between what i'm going to do now is give you five helpful tips about. I are photography to help you. Kinda shape your approach right now anyway and then you can plot your path forward after that but kind of help you figure out where to start right now with this if you are indeed interested in it. Here's the first thing you can test an existing camera for i our sensitivity. Some cameras just right out of the box are more sensitive to the i. R. part of the spectrum then other cameras. Which is you know the i parts of the higher end of the spectrum. I have like for instance one of those. It is a older fuji film. X twenty is just a regular x twenty s a little Range finder camera. That will super popular when it was out because it was small enough to put in your pocket but you know it packed some really nice kind of professional level features in it so. I've always liked this camera. In fact i believe it was the first fujifilm's digital camera i own so one of the delights with this camera is that it also has pretty decent i are sensitivity
NRA files for bankruptcy
"Rifle Association has filed for bankruptcy. The announcement comes after New York's attorney General Letitia James sued the IRA back in August, accusing top executives of diverting millions of dollars for lavish personal trips and no show contracts. Seeking. In order. To dissolve the terrain, its entirety, Honore says the gun rights group wants to be free from the toxic political environment in New York. They're following up on a suggestion from President Trump Generation moved to Texas and lead a very good and beautiful life Be Honore will incorporate in Texas and announcing the move. The organization says it is in the strongest financial condition in years. Ed Donahue, Washington
Taking Advantage of Mr. Bear by JL Collins on Tax Avoidance Investment Strategies
"I decided it was time to cuddle up to mr bear and let him help me. Avoid some capital gains taxes as regular readers. Here no for the past few years. We have been homeless and nomadic. It's a lifestyle that agrees with us and when we'd like to keep doing for some time however at some point age will force us to settle down. The trick is deciding when that is act too soon and we miss out on xtra wandering wait too long and i might not have the energy left to easily make the transition but sometime in the next five years. There's a better than even chance that will be buying a final years house to that end we've had money growing. In a taxable account invested in of course vitae ax as i track this against the eventual sale to fund the house. I realized that we be on the hook. For a twenty percent capital gains tax until at least this new market selloff suddenly that capital gain was disappearing indeed with an eight percent drop today it would be completely gone so with the market down about six point. Three or four percent figuring that we'd be close enough. I put in the cell order and moved from visa x to our money market fund conveniently by the market's close. It was down seven point six percent almost exactly when i need it. Good luck so with this sale. I now have the capital freely available and will oh little to no capital gains tax at the same time then sold an equivalent amount of e b t lx bonds and bought v tsa stocks in an ira. Because this was done in an ira. There's no tax consequence. The net effect is that i have moved bonds from the ira and stocks into it again. While freeing up money for the purchase with no capital gains tax to be paid at the end of the day our asset allocation remains the same. This is not a bet that the market has bottomed cuna. Wouldn't you have been better off if the market had continued to rise even if you had to pay the capital gains tax of course but as i learned playing poker. You play the cards. You're dealt not the ones you wish you had. If i had a crystal ball i would have sold before the drop and happily pay the tax. But i didn't. This market declines simply offered an opportunity. And i took it. I prefer the market. Never went down. And i always could sell it again. The market doesn't care about my preferences. Why not wait to see. If the market drops further that way you not only avoid the capital gain but gets a harvest to capitol lost. I want to preserve as much capital as possible for the future purpose. Selling break even is the sweet spot for this gambit. Doesn't this run afoul of the irs. Wash sale rules my thanks to the several readers who raises question and especially to john are who suggested i added here. This was my reply to james. The first who raises question wash sales apply to selling at a loss from the article. You linked to quote loss from wash sales of stock or securities. This ruling provides that if an individual cells stock or securities for a loss and causes his or her ira or roth ira to purchase substantially identical stock or securities within a specified period the loss on the sale of the stock or securities is disallowed under the section ten ninety one of the and the individuals basis. In the ira or roth ira is not increased by virtue of section ten ninety one d end quote in my case the objective was to sell at break even with neither. A loss oregon. Because life isn't perfect. There will likely be a small gain or loss when the dust settles. But it'll be too small to worry about. Why did you move into a money. Market fund rather than bonds with v bt lx mostly because it was easier. And i wanted to get the order in before the market closed i might move into bonds later. Wait but are in bonds. Best held in an ira ordinarily. Yes but remember. This was done to free up capital from stocks for potential future spending money you intend to spend in the next five years or so is best held in cash which is a money market fund is or boss planning any further moves as noted in the addendum to my last post when the market was down about fifteen percent on february twenty eighth. I moved some v. b. t. l. x. to v. Tsa ex if the market continues to drop. I'll do more of that. Taking advantage of drops like this are what bonds or four. Isn't this scary. No wrestling grizzly bear in your garden is scary but this time is different right. Nope every market drop feels like this. Time is different some day. If it truly is nothing will matter. Least of all how. You're invested example 1963 brink of nuclear war between the ussr and the usa a truly civilization ending possibility. Great time to buy no war market goes up. War market doesn't matter.
Most Stimulus Payments Reach Household Bank Accounts
"Americans air raising concerns after finding out their federal stimulus checks were deposited into a bank account. Not belonging to them the wrong account. BBC's James RoHaas says. For many a dependent on how they filed their taxes, many who used tax preparation services like TurboTax and H and R Block are sharing sharing their their frustrations frustrations on on social social media. media. After After checking checking the the irises irises website, website, finding finding their their $600 $600 stimulus stimulus check check was was processed, processed, but but not not to to their their bank bank accounts accounts in a statement, H and R Block says the IRA arrest determines where second payments were sense. And in some cases, money was sent to a different account in their first payment in the spring. They say they've since deposited millions of payments to customers, Bank accounts and all direct deposits are being processed, adding the final direct deposits are expected to arrive in bank accounts today.
Here's who is getting a $600 stimulus check
"Increased stimulus. Where are we with that, Michael? Well, if you ask President elected Joe Biden. He says that if Democrats win in Georgia today, those $2000 checks will go out the door almost immediately. Well, I proposed that that wouldn't happen until after Joe Biden's in office on January 20th. Once you sworn in, though, that could very well happen, at least that might be the plan here, So that's the That's the level that he's thinking of. At this point time again, the now $600 that have been issued to some people prior to the first of the year. Other people are still on the process of trying to get Their stimulus checks right now for $600. They're they're out the door and a lot of different cases. There is in the I r s website that you can go to to check in on your pipe, which is known as the economic impact payment on D figure out if the stimulus payment has been sent. It's even got information for your first stimulus check and what kind of payment type will it be by direct deposit or mail? On again. It's usually by the guidelines that we've seen in the past. If you go to an individual with $75,000, a less in gross adjusted income, you'll get the $600 full amount married couple of $150,000 same thing. If you've got kids under the age of 17. They're qualified for $600 for the stimulus payment as well. So, like I said, some of those out the door already, Some are still on the way. But the IRA says that the website is updated once per day overnight, so there's no need to check back multiple times per day. Michael
The Great Gatsby and All Your Favorite Works from 1925 Have Now Entered the Public Domain
"Public domain day when works from 1925 are now free fall to use and build on the most notable works from 1925 entering the public domain this year are the Great Gatsby in Virginia Woolf's Mrs Dalloway as well as works by Agatha Christie Instant Claire Lewis. There's plenty of music, too, with works by Irving Berlin, Duke Ellington and George and Ira Gershwin. Blues from W. C. Handy and Ma Rainey works from 1925 were supposed to go into the public domain in 2001 after being copyrighted for 75 years, but Congress extended their copyright Taunton 95 years. Which brings us to today, artists who want to create their interpretation of public domain works can do so without fear of a lawsuit, leaving a range of creative possibilities.
Millions to receive relief payment via debit card
"I have needs. It has to be its consumption. And that's the thing want debit cards can also be cheaper than checks for people who don't have bank accounts cashing a cheque cost them money. But with a card says shantelle boyens with the urban institute there is a network of. Atm's where you have the car you can access your funds without any feeds but people can only make one withdrawal for free from an out of network atm after that. It costs two dollars boy in says the income people are more likely to pay those fees. They may be located in areas where they don't have as good of access to in network. Atm's the cards also come with terms of service. An ira rheingold. Executive director of the national association of consumer advocates says some of them put card users at a disadvantage. You consumer if you have a complaint you cannot go to court. You cannot be part of a collective action. A class action members of congress sent a letter to the treasury this week asking it to remove those clauses and reduce any fees. I'm justin ho for marketplace lawmakers tucked a provision banning surprise medical bills into this latest relief. Package those are the unexpected charges from out of network healthcare providers that can add up to tens of thousands of dollars. One thing. that's not yet. Clear is how this might affect insurance premiums marketplace's nancy marshall genzer explains. It's a nasty shock without realizing it. You retreated by a healthcare provider. Who was out of network surprise. You're stuck with a huge bill. Jen taylor with the consumer advocacy group families. Usa says some of the biggest unexpected medical bills. Come from air ambulances where people were getting a fifty thousand dollar bill and they were unconscious and put into an ambulance and had no say in the matter. Once this surprise medical bill legislation goes into effect in
Second stimulus check: IRS says the $600 payments are on their way
"Government support. The $600 stimulus checks are starting to roll out. The Iris began sending out direct deposits last night and will continue processing transfers into next week. Paper checks are hitting the mail today is the Senate approves the larger payments, The IRA said it will send a second check to make up the difference. The UK has
Stimulus bill update today: $600 stimulus checks
"On government support. $600 stimulus checks are starting to roll out. The Iris began sending out direct deposits last night and will continue processing transfers into next week. Paper checks are hitting the mail today is the Senate approves larger payments, The IRA said it will send a second check to make up the difference. The
Are You Ready to Make Financial Progress in 2021?
"This article runs through the twelve steps to get you financially. Ready for twenty twenty one. Obviously i can't go through twelve but you. Vip's are studious. You guys are on the ball and we'll make sure we have the lincoln. There's you can go read the rest of them. But i'm gonna pick out five. Let's take a look at number. One is review your goals the of years a great time to pause and look over your current financial goals just to see where you are with your progress I know this year was tough. But we're not gonna let it stand in the way of us moving forward with our money. So let's look at this get intentional. I've got the network calculator that you're gonna get over to my website And really figure out kind of where you are. How did this year in and again. I know this year was a challenge And this year has continued to be a challenge for a lot of people. But we still need to know where we stand The next one is update your budget. Obviously you know if you don't have one this is a good time to make one Do an audit of your budget kind of take a look. Are there some things that you could cut or scale back memberships. You don't use Do you have leftover money at the end of the month where you're redirecting that So there's a lotta things we can do and again as we start off the year on the good foot We wanna make sure we're being more intentional than ever Another thing end of year. Max out your 401k. If you haven't hit your full fifteen percent yet or you've got extra to invest you can make sure you get that done before december thirty first And remember you have until april to make contributions towards your ira a roth ira as well jay as hsa. We've got some time. So what does that mean for. A lotta people reach out to a smartvestor pro Make sure you're talking to your tax professional and he lp You've got people you want to get in your corner just to start reaching out. Especially for you self-employed. vip's For you you know. Tax time is a is a lot more paperwork in a lot of details grab up. Let's start getting that stuff. Gathered up right. Now you can get that in the hands of your cpa and the your make him or her's life a lot smoother as well as your own Speaking of find your tax return And again this sound can be can sound crazy. But it's just good to make a list of the things you're going to need get that prior year's return began to just details And talk about you know for some of you does a roth. Conversion makes sense. And what i mean by that real quick to not get into the weeds if you had an old 401k That's out there. You could convert that by paying the taxes on it to a roth Again it's a process of understanding the tax consequences having the cash first and foremost and being able to take care of that. So your smartvestor pro as well as your taxi. Lp can guide you in that Will entrust review your I know those things. Don't sound like fine. But i'm gonna tell you something after twenty twenty it's imperative that we have those things in place Really really important And also let me let me tell you this real quick It's important to make sure that you have beneficiaries updated. And i mean that in your life insurance i mean that in your 401k Because hear me the beneficiary designation 401k or on a life insurance policy will supersede meaning it outweighs anything in a will so the beneficiaries that you've established on a 401k. Four five ten years ago. You need to make sure you've got that updated especially if you've had a change of life if you were married If you got divorced if you adopted a cat or had another baby you just wanna make sure. Those are updated So beneficiaries on life insurance on ira's on 401k's these things are imperative. And do me a favor reach out to your parents To make sure that they've got there's updated as well a lot of times people. Sit and forget it with these things and it can just create some headache and heartache. Later a your estate plan needs to reflect those changes And if you don't have a will do get that thing in place It's imperative Some staggering statistic out there. That almost seventy seventy five percent of people don't have a will which means we leave the government in charge of your stuff Did you hear me say that. Yeah you leave the government in charge of your stuff I the government. Can't take the government's i know they will take care of my stuff So anyway let's get a will place But anyway you know we're twenty twenty one. Start off with the right checklist. Make sure we got things in place so we're able to grow forward interesting article again. They're twelve things. We covered five. You can go over to forbes dot com as always. We'll put a link to
How the media covered up the Hunter Biden story — until after the election
"Have no idea what is going on with Hunter Biden. That's because a corrupt press covered the story up. His little question. Hunter leverage his father's position as vice president to enrich himself, accepting money from China, the Ukraine and possibly Russia. The Department of Justice Now looking into Mr Biden, because he may have not paid taxes on all that money we don't know, and he is innocent until proven guilty. Now the controversy was tamped down because the corrupt corporate media has no interest in damaging Joe Biden. Twitter and Facebook actually censored the story, classifying it as lacking context or misleading information. When users published the initial article from The New York Post. More than one million tweets were flagged on the platform. In the 1st 24 hours. That's incredible. President Trump mentioned a report during his 60 Minutes interviews asking quote. Why did Hunter Biden get $3.5 Million from Moscow? Reporter Lesley Stahl's response. Is this really an important issue for the country? All these things have been investigated and discredited. Well, that's not true. 60 minutes has not issued a correction. CNN president Jeff Zucker told his staff. So I don't think we should be repeating unsubstantiated smears just because the right wing media suggests we should MSNBC's Joe Scarborough told his audience. The hunter Biden story is obviously made up. And is the stupidest October surprise ever. The story was barely mentioned in The New York Times Washington Post. That was all before Election Day. After the vote, Attorney General Bar confirmed the federal probe into Hunter Biden. He should have done that sooner so Americans would know the truth. Last week. President elect Biden was briefly questioned on the topic. He once again dismissed the allegations entirely. Will oppress Hammer. Joe Biden on how his son obtained Million's during his time is vice president. Probably not. Well, the DOJ or IRAs. Uncover the truth. I hope so. But I'm doubtful.
"ira" Discussed on Radical Personal Finance
"If they're available to you deferred comp plans used to be available in certain sectors of the economy, but they're they're less common. So I don't want to go to deep into that. Finally here be careful. When it comes to inherited IRA's and IRA distributions one of the biggest things that you would like to do with asset protection planning is you would like to not only protect your own assets. While they're under your control, but you would like to protect those assets and make sure that they're protected from the claims of other people for the people that you want him to go to. So if you you die, and you leave assets to your kids or your grandchildren. Then all of a sudden they're creditors. Come after their creditors. Come after the assets. Now, we've got a problem because now we didn't do the best thing. If you're in the situation, you should be careful with your beneficiary designations, one of the great benefits of IRA plans is that when you leave them to your beneficiaries, they can take those distributions out on a very stretched out basis, which allows them to defer the tax liability to allow the money to continue to grow tax deferred tax free and only take it out over very long period of time. This usually the benefit of leaving your. IRA's to an individual trouble is when you leave the IRA to an individual. They lose their asset protection perspectives. Of course, they can invade at themselves becomes an a an immediately inherited asset and a few years ago. There was a a court case which held that inherited IRA's do not have the same protection as regular IRA's do. So now, we have a problem. How do we leave the asset in a way that we can maintain those tax benefits, but also have some kinds of of asset protection planning standpoint? And in the past also if you just simply left it into a trust. Then you couldn't use the stretch out beneficiary designations what I'm starting to see attorneys work on is trust that are specifically designed to be the beneficiaries of an IRA where they're specifically designed to be listed as the beneficiary of the IRA into to maintain. Both the asset protection perspective of having a spendthrift trust where the trust assets are not available to your child or.
"ira" Discussed on KSFO-AM
"For those age, fifty or more, even if you have a non working spouse, you can open an IRA for the non working spouse as long as it's funded by your earnings, it has to be covered by earned income earned income. So that's another opportunity to put money aside. You can make a fully deductible traditional IRA contribution. If you qualify and. That's another way to get money working for the future. Now that way you get a deduction you get a fully deductible contribution to a traditional IRA. If you qualify, but you can also do a Roth IRA if you prefer if you qualify for that program amounts to the same fifty five hundred for those under fifty sixty five hundred fifty plus and there are income thresholds for Roth IRA eligibility. And these are all terrific ways. Outstanding ways for you to put money away for the future. Whether it be in the traditional IRA, the Roth IRA, the most important thing of all is that you take advantage to the max that you can afford and the other most important thing of all is to absolutely take advantage at an an a minimal take advantage of the full matching provision. If you have a matching provision is so many companies do and a 4._0._1._K some four zero three Bs. This is the definition of free money if anybody ever asked you what.
"ira" Discussed on News Talk KOKC 1520
"Seventy-five program does not stop the TSP. And it does not stop the agency match the account will continue until the employee retires and the additional accumulated balance can be transferred to an IRA of the employees. Choice. Why roll your TSP balanced to an IRA at the first possible opportunity? Well, let's take a look as I had mentioned earlier the TSP is great for accumulation. But when it comes time for distribution, it can be problematic. The IRA does not have the one time partial withdrawal limitation like the TSP with an IRA. You can take numerous partial with roles. You can also put money back in the IRA if need you cannot do this with the thrift savings plan, the IRA is fully multi generational. If the beneficiary is a spouse, the funds will pass to the spouse with no tax, the spouse can continue the current IRA or transfer it to their own IRA. They can make new contributions to the IRA which is not possible with the DSP IRA's have a provision that will save the contingent beneficiaries in most cases, the children tax dollars and diffuse the tax time bomb that we mentioned earlier it's called a stretch IRA. The stretch IRA will allow the children or any non spousal beneficiary to take the IRA through a series of smaller payments over their lifetime instead of being forced to take full distribution. Like, they would from a beneficiary TSP. This does not prevent the stretch IRA beneficiary from taking more money if they need to it gives them more control over their tax liability, the stretch IRA can skip a generation has an example. Let's say your daughter is the beneficiary of the IRA, and she decides that she wants the IRA to pass bypass her and Goto the granddaughter that is possible with the stretch IRA, no possibility with TSP, you can actually place a restriction on the IRA and require your non spousal beneficiary to take the inheritance via the stretch, thereby preventing them from receiving all of the funds in one lump sum. This is what I call controlling it from the grave. The TSP has no such provision. So let's review an example.
"ira" Discussed on The Tom Leykis Show
"And let me guess businesses really i'm sorry businesses really picking up business is good as long as people eat babies bulbul i'll be all right hi i to myself but i don't know where my money guys talking and i don't know which go roth ira you ever roth ira why not i mean i really don't have anybody in my circle that's that's like businessminded or investment minded outside of the only place you get information from your circle of friends i don't i don't take advice from my friends i take advice from people who know more than i do that's why i wanted to call in i have got to have an ira got two roth ira you're going to open one tomorrow doing the benefits of it i'll vice and i'll look up the benefits and having that i don't want to berry i'm looking out for you not just trying to beat you up i really want to see you succeed i wanna see you you know you work so hard don't you wanna have something to show for when it's all over okay the first thing i'm gonna tell you to do is yes you get yourself roth ira get that started whole life insurance policy.
"ira" Discussed on BizTalk Radio
"If you get immediate tax relief today the future is going to be taxable if you don't get any immediate tax relief today the rough side of the house we have tax relief in the future so which one is more important the tax relief today for the tax relief in the future for some people the tax relief today is more important than the tax relief in the future others the other way around in other words earn a heights maybe in high tax bracket today so it would it would help them to get the deduction now when it comes to the traditional ira or let's just talk about the ira side of the equation some people may not have the ability to make that tax relief today they make too much money to have a deductible traditional ira so for them assuming they qualify on the agenda gross income limits the choice is very easy if i have a nondeductible traditional ira no tax relief today and a nondeductible roth ira no tax relief today the contribution is in the middle section is the same they're both tax deferred but at the end with a traditional ira all the earnings are gonna come out taxable even though i didn't get the tax relief at the beginning the earnings are still gonna be taxable the roth ira clearly better and obviously so that one is a no brainer if you don't have the ability to deduct traditional ira but you still have the ability to do a roth ira contributions and you're going to save money that's a no brainer the roth ira is better and i also believe the roth ira is better than just putting money in assuming we have time or is it into a personal account as well because a personal account if i put it into a stock bond or scaredy whatever that investment earns as it's going along whether its dividends capital gains that i've created capital gain distributions if it's a mutual club interest that'll be taxable to me as i go along or ultimately when i sell it if i need to spend it sometime in retirement.
"ira" Discussed on BizTalk Radio
"If you get immediate tax relief today the future is going to be taxable if you don't get any immediate tax relief today doesn't the roth side of the house we have tax relief in the future so which one is more important the tax relief today for the tax relief in the future for some people the tax relief today is more important than the tax relief in the future others the other way around in other words earn a heights maybe in a high tax bracket today so it would it would help them to get the deduction now right when it comes to the traditional ira or let's just talk about the ira side of the equation some people may not have the ability to make that tax relief today they make too much money to have a deductible traditional ira so for them assuming they qualify on the adjusted gross income limit the choices very easy if i have a non deductible traditional ira no tax relief today and a nondeductible roth ira no tax relief today the contribution is the same the middle section is the same they're both tax deferred but at the end with a traditional ira all the earnings are gonna come out taxable even though i didn't get the tax relief at the beginning the earnings are still going to be taxable the roth ira clearly better and obviously so that one is a no brainer if you don't have the ability to deduct a traditional ira but you still have the ability to do a roth ira contributions and you're going to save money that's a nobrainer the roth ira is better and i also believe the roth ira is better than just putting money in assuming we have time horizon into a personal account as well because the person account if i put it into a stock a bond or security whatever that investment earns as it's going along whether it's dividends capital gains that i've created capital gain distributions if it's a mutual interest that'll be taxable to me as i go along or alternately when i sell it if i need to spend some time retirement.
"ira" Discussed on Chris Hogan's Retire Inspired
"So vip's i talked to you about a not so secret secret weapon it's a weapon that you can use to help chase down your retirement dreams as we all chase down our dreams it's important very very important that we make sure we're using every tool that's available to us we need to make sure that we're aware of what tools are available how they work and how to make sure especially make sure that we're using them correctly you see the truth is roth iras are not as complicated as some people may think the truth is all it takes some knowledge and then action to set up and allow the roth ira to work for you and your dreams another truth is using the available tools like roth ira's can help you build something you can be proud of something you can be proud of like a plan for you and your financial legacy but listen we can't buy in the lies one lie is that it's too late for you to use a roth ira you know what that's not true no matter of your age or your stage all you need is earned income to be able to get started another lies that the whole raw thing well it's just too complicated no it's not it grows tax free it's something you have to set up it's something you contribute to that's not complicated that's called real and you know what a big lie is we ip's this is one that i hear people say i don't know what to do to get started all you have to do is go to chris hogan three sixty dot com click on the dream team button and find a smartvestor pro that i trust yes i have people in your area or near your area that can talk to you about this and walk you through how to do it they are pros and they will show you the right steps to take and there's no shame in reaching out to people to get more information we have more information these days at our fingertips than at any time ever in the world you have an opportunity to get online you've got an opportunity to reach out to somebody that i trust to be able to talk.
"ira" Discussed on Chris Hogan's Retire Inspired
"Iron and have taxable income you can both contribute to your own separate roth ira's now there are some limits that apply based on eligibility and income that we just talked about but let me give you an example let's say roberts thirty five years old and he makes a hundred and fifty thousand dollars a year and his wife gloria works at home with the kids robbing gloria can each contribute the maximum amount of fifty five hundred dollars for a total of two accounts however if robert only makes eight thousand a year and contributes the max of fifty five hundred his non working spouse non working outside the home that is can only contribute twenty five hundred dollars again you cannot contribute to a roth ira more than you make okay question number six is a roth ira and a roth four one k the same thing no but here's the deal vip's both accounts are taxed the same way you see adding the word raw to the name of either a savings plan or an investing plan means the money that you contribute will be taxed up front right you've already paid the taxes on it and it's going to grow tax free which also means that you get to withdraw the money tax free when you retire so a roth four one k r is a plan that sponsored by employers there you know there are some nuances with it so if you are receiving a match from your employer on your roth four one k the match portion of that is not tax favorite meaning the growth from your employers match will be taxed when you withdraw the money just like a regular four one k but that's only on the match portion the amount that you put into a roth 401k does continue to grow just like ross stu tax free so you can also contribute to both a roth ira and a roth four one k at the same time just remember contribution limits still apply according to the roth ira.
"ira" Discussed on Chris Hogan's Retire Inspired
"To them now i'm serious talk about an amazing gift a gift that you're giving that can be tax free that's a good thing now another question i get is how is a roth ira different from a traditional ira that's a good question now here's the deal the main difference between a roth ira and a traditional ira is simply how they're treated for taxes i mean we can take a look and kind of talk through but there are some income requirements for example with traditional ira get this you have to make annual withdrawals from your ira after you turn age seventy and a half but with a roth ira there are no withdrawals required if you are the original owner traditional ira you have to take it at age seventy start taking out money with a roth ira you don't have to in any point in time now here's the deal with a traditional ira you've got to pay taxes on withdrawals in retirement but with the roth ira what's the answer what am i about to save the ip's if you've been listening you're tracking with me with a roth ira you're not taxed on any kind of withdrawal in retirement so again being able to see the difference now i just want to remind everyone for twenty eighteen the total amount that you can contribute to either a roth or a traditional ira can't be more than fifty five hundred dollars a year but it can be sixty five hundred a year if you're over the age of fifty question three are you eligible for roth ira well here's the deal did you earn income if you did then yes you're eligible however you can't contribute more than you make so let's say for example you have a nineteen year old son or daughter that earned an income of three thousand dollars while waiting tables over the summer so what does that mean if they only earn three thousand that means they can only contribute up to three thousand.
"ira" Discussed on Chris Hogan's Retire Inspired
"Dive in here the seven questions about roth ira's and your number one the top question what is roth ira well it's an individual retirement arrangement now i know that's what fancy words but hear me all it is retirement savings account that allows you to pay taxes on the money that you put into it upfront now there are two big advantages of these after tax contributions i the money you invest in your roth ira grows tax free we've talked about that but tax free here that second you won't taxes when you would draw the money and retirement so if you're a count grows by hundreds of thousands of dollars over time which they do you own oh taxes when the time comes to use that money when you retire seriously think about that for a second that's what i call a serious win now here a few details all right roth ira accounts are savings accounts that you open and maintain outside of your employer retirement savings plan all that means is your roth ira is not like your 401k your 401k is done inside with an employer the roth ira is something you set up with your smartvestor pro on your own okay so you have to be able to do that now since roth ira withdrawals or tax free in retirement they can be a smart option for people who expect to be in a higher tax bracket when they retire now here's the point vip's no one knows what the government's gonna do no one has any idea i mean listen we just had a tax change here recently so we don't know what the future holds so why not put yourself in a position to be able to avoid whatever the government might do by doing something that's going to be tax free and regardless of the laws that are passed regardless of who's in office they can't impact your roth ira i'd like that now here's the deal did you know that you can choose beneficiaries to inherit your account now your beneficiary that's the person you designate to inherited right when you pass on but here's the beauty.
"ira" Discussed on Chris Hogan's Retire Inspired
"That money is going to be able to grow tax free and now here's the better part vip's when you withdraw that money in retirement you don't have to pay any taxes oh no taxation you better believe it and i'm gonna dig into more of that a little bit later but i need to answer this question as well because people say well hogan wash should i get one how does it help well i look at roth ira's and i think of immediately two words i think of the word options and flexibility you see roth ira's are rare investing opportunity to be able to give you tax free growth it gives you the option to never touch the money and to even be able to pass it on to your heirs now also unlike a traditional ira anyone with earned income can add to their roth regardless of age so that means if you have a job and you're being paid by an employer you have an opportunity to get into a roth now i'm gonna tell you more about that a little bit later but as i was doing my research i also ran across some stats about roth ira's and this is based on the irs database for ira investors of all ages but did you know that more than three and ten roth ira investors are younger than h forty did you know roth r e are most commonly opened with contributions now what that means is as that's people paying from their bank account into a roth now there are also ways other ways that can be opened it can be opened with a conversion of an account or rollover now there are certain limits and guidelines there so you'd have to definitely connect with your smartvestor pro to walk through that but listen did you know roth ira investors displayed persistence in their contribution activity meaning this thirty nine percent of those contributing to a roth ira did so at the limit in back to back years now remember the limit that you can do for this if you're under the age of fifty is fifty five hundred dollars a year that's the max you can do if you're over the age of fifty.
"ira" Discussed on Timesuck with Dan Cummins
"Driven from all soil and victories house exactly like that far fuck you didn't you just feel like you were in ireland for a second i did kind of on the 14th the december an ira column under a sean garland a detonated four bombs one of which blew in the front wall outside lynn lasko ruc station before raking it with gunfire further attacks on dare lien and rosli ah ruc barracks on the same day or or beaten off the ruc being the royal ulster constabulary successor to darisi a roughly nine thousand these police officers will be injured during the troubles another series of ira attacks that's it for years will we'll talk about ssim on the on the death thirty the december an ira force attacks heroin or ruc barracks again killing are you see constable john scally the first fatality of the campaign and then a 1950 seven the ira intensifies our efforts admit total of three hundred forty one attacks in northern ireland just in that year but then by 1958 the frequent capture ira members and waning public support people sick of the fucking bombings the move a begins to fade away in an attack ceased by 19 one although did petered out by the late 1950s the campaign was officially called off on february twenty six 1962 in a press release issued that day the ira army council stated the leadership of the resistance movement has all the termination of the campaign of resistance the british occupation launched on twelve december nineteen 56 instructions issued volunteers of the active service units in a vocal units in the occupied area had never been carry out all arms in other material had been dumped in our fulltime active service all taylor's have been released with ron foremost among the fact is motivating this course of action is we need attitude of the general public's mines had been deliberately distracted from the supreme issue facing the irish paypal the unity and freedom of allowed the irish resistance movement renewed his pledge of eternal hostility to the british forces of occupation an islet it called on the hours people von crease support it looks forward with confidence in cooperation with other branches of the republic move.
"ira" Discussed on Timesuck with Dan Cummins
"Wartime restrictions may bombing even more difficult the campaign also generated a good deal of anti irish sentiment in england which increased britich public's spin of irish people in general it makes sense uh making sneak attacks even more difficult all these factors lead to the ira attack tapering off around early to mid nineteen forty by mid nineteen forty seven the ira will be down to about two hundred members in total and the 1949 odds 1949 ira convention the ira or is this members to join the political party xinfang which will now become the civilian wing of the ira while shen faint publicly denies association to this day they are still thought to be tied to the ira and have been a long thought to historically been tie very closely to the ira between 1950 wanted 1954 the ira began to a really rearm itself with armed raids on british military bases in northern ireland england steel and guns over the next few years the ira divided into various factions each carrying out occasional rate here a bombing there they also reorganize into a more or less cohesive militaire unified 1950 six planned what would be called operation harvest fighting what they called a border campaign on the twelve th of december nineteen 56 the campaign is launched with simultaneous attacks by around two hundred fifty ira members on targets on the irish north irish border in the middle of the night a bbc relay transmitters bonded dairy a courthouse houses burned end up mahara felt as was a b specials post near newbury and a half built army barracks at enniskillen was blown up a raid on a go a barracks in armagh is attempted as well the ira issued a statement announcing the start of the campaign sane spearheaded by orleans freedom fighters upheaval of carried the fight to the enemy eight of this national liberation struggle new ireland will merge upright and free in the new orleans we shabila contrary feet follow people to leave in that then is our aim at independence united's democratic ours for pollick from this was your fight under until the invaders.
"ira" Discussed on BizTalk Radio
"A brand new contribution of cash to an ira because you do not have earned income but that does not mean that you cannot take existing ira money and convert it there's a difference between the conversion of existing ira to a roth ira and the contribution of new money to ira world there's a difference there so conversion yes contribution no doubt how old are you or your spouse i'm sixty seven he's seventy two okay so you can do any amount you walk up to the full amount it's just a matter of how much you're willing to pay taxes on your spouse must take their required minimum distribution out and leave it out of the of the ira world and then any amount in excess of that that he wants to do they can convert that even if we don't have an increasing around firing he was just open to create a new one and transfer the money over it's a chat with him can version not a contribution they are correct you cannot contribute unless you're working well i am about conversion well then get a new broker well i might have to okay well thank you so much for the clarity of the job and went to help you will help you out as you wide hold on if you if you'd likes to help with this is probably did i the i'm a little surprised that somebody at one of the big that's a fairly brand new person i wouldn't guests okay so you have two different ways to get money and to a roth ira into a roth.
"ira" Discussed on Radical Personal Finance
"To take it out were they need it or not the government doesn't allow them assessed as stay in the ira into productivity but they can take it out using a chart of calculation chart that goes over their life expectancy the use what the ira's calls their single life expectancy table which means that if somebody is very young they have they possibly have many years at which they can keep the money in the account only take out small amounts this allows an ira or roth ira to be uh to accumulate over time it more and more and more while still staying free of taxes really valuable the challenge of course is winding up at death with assets in the account and this is were roth ira really shines remember that at the age of seventy and a half about seventy you're going to be taking distributions from a traditional ira every year of your life now if you die early great you get to leave behind a big ira but if you died late you're going to have taken a lot of money out of the account whether you needed not not so with a roth ira without roth ira you can keep the money in there and in fact if you have wages as long as you have wages you can continue making contributions to the account so if you're working into your old age like i recommend at seventy and seventy five and eighty and eighty five and ninety ninety five and you're still working in earning wages that he probably should be and probably will want to be in that situation you can you could still fund that roth ira and never have to take the money out you diet age one hundred you can leave that behind to your spouse or you can leave that behind to your children or you could leave it behind your grandchildren now you just imagine for a moment.
"ira" Discussed on Radical Personal Finance
"Why would they wanna do that we'll talk in a moment the that the most powerful reasons so they can start to build a stretch ira or four right now recognize that this allows him to buy more tax deferral on these roth ira contributions and this can be helpful because they can put the money in at seventy two and seventy three and continue putting in and they never have to take the money out of the roth ira the trick here is that they have to have wages and if they don't have wages than they can't make that contribution to the roth ira in order to contribute money to a roth ira you have to have wages and then fit in under the earning amounts now what i found out in the uh the discussion over this question was at this particular retiree that had our questions here uh this particular retiree doesn't have any wages and so that messes up this plan basically what it means is not going to be a tax efficient way for them to move the money from a traditional ira and to a roth ira they can't convert the money are they can't make contributions to a roth ira if they don't have an appropriate level of wages and that's the problem here now what could they do in order to get the money into a roth ira well they can't do anything with the required minimum distributions they have to take the required minimum distributions out and pay them pay the tax on them now they could convert money from a traditional ira in to a roth ira but that's now going to be a separate calculation from the required minimum minimum distributions they would have to go ahead and and pay the tax on the required minimum distributions and then separately make conversion of the ira traditional ira assets into the roth ira assets and pay the tax on that and now we start to pick up significant amount of tax is that in their best interests.
"ira" Discussed on Radical Personal Finance
"However that's not the whole story one of the benefits of a roth ira is there are no required minimum distributions during the lifetime of the account holder so you can reach the age of seventy or seventy wanner seventy two or eighty or ninety and you can continue to keep those assets in the roth ira you don't have to force them out of the roth ira into the world of taxes for somebody who has other forms of income this can be a very valuable benefit especially if they have substantial amounts of money in the roth ira the longer you can deferred taxes the better and this can be a really powerful tax planning tool which is why it's reasonable for people to consider converting some of their traditional ira assets into roth ira assets and it's wise to do that before you have required minimum distributions because you can give the money in the ira longer which allows it to grow more and to ultimately be worth more the longer you can keep the grubby little hands of the government goons a collect the taxes off of your money the more you'll have the that just like with fees the fewer fees you can have on money all things being equal you'll have more money and so tax efficiency is very important very important when he comes to financial planning now back to the original question this particular client was thought that they had been told by their financial planner that they could convert the money from a traditional ira into a roth ira and that they would only pay taxes on the contributions of the account of the gains would just roll over into the roth ira taxfree now of course that is erroneous now my guess is not that the sea at the cfp probably gave this particular person the right advice but the individual a client of the cfp probably just misheard and misunderstood.