Does it make sense for Alex and his wife in Massachusetts to do Roth conversions now to the top of their eventual tax bracket? Steve in San Diego got serious about saving for retirement after Joe and Big Al gave him some tough love 5 years ago. Is he good to retire now, and should he convert to Roth? That’s today on Your Money, Your Wealth® podcast number 510 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, can Barbara in New Jersey’s grandson move excess 529 funds to a Roth and withdraw the money after 5 years? PWare has a cunning plan to gift appreciated stock to avoid capital gains tax, but will it work? Should Mike create a limited liability company for his rental properties? And finally, qualified charitable distributions don’t make sense to GetSmart Paul. Sherri in California wonders if her kids can inherit her savings account without any tax penalty, and whether there’s a safe, high-yielding investment she should put it in. And Houry in New York wonders if her IRA can fund a charitable remainder unitrust, or CRUT. Access free financial resources and the episode transcript: <a href="https://bit.ly/ymyw-510" target="_blank" rel= "noopener">https://bit.ly/ymyw-510</a> DOWNLOAD <a href= "https://purefinancial.com/white-papers/the-complete-roth-papers-package/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510"> The Complete Roth Papers Package</a> DOWNLOAD <a href= "https://purefinancial.com/white-papers/retirement-readiness-guide/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510"> The Retirement Readiness Guide</a> WATCH <a href= "https://purefinancial.com/ymyw/episodes/retirement-pop-quiz-18-questions-ready-to-retire/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510"> Retirement Pop Quiz: 18 Questions to Get You Ready to Retire</a> on YMYW TV LISTEN to <a href= "https://purefinancial.com/ymyw/podcasts/indexed-universal-life-insurance-truth-243/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510" target="_blank" rel="noopener">Steve in San Diego's 2019 question</a> Al: "Maybe you gotta live in a trailer somewhere." Joe: "that side hustle, you better be able to do that in a wheelchair." LISTEN to YMYW Podcast Best of <a href= "https://purefinancial.com/ymyw/podcasts/early-retirement-roth-conversion-tax-ymyw-best-of-2021-362/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510">2021</a>, <a href= "https://purefinancial.com/ymyw/podcasts/bear-market-survival-5w1h-roth-conversions-ymyw-best-of-2022-411/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510" target="_blank" rel="noopener">2022</a>, and <a href= "https://purefinancial.com/ymyw/podcasts/retirement-investing-roth-conversion-pros-cons-ymyw-best-of-2023-463/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510" target="_blank" rel="noopener">2023</a> REQUEST: Ask Joe & Big Al for your <a href= "https://purefinancial.com/ymyw/ask-joe-and-al/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510"> Retirement Spitball Analysis</a> SCHEDULE: <a href= "https://purefinancial.com/lp/free-assessment/?utm_source=LibsynDestinations&utm_medium=EpDescription&utm_campaign=YMYW-510"> free financial assessment</a>

Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Making fun of finance. A "Top 10 Personal Finance Podcast" and "Top 12 Retirement Podcast" (US News & World Report, 2023). One of the "10 Best Personal Finance YouTube Channels" (CardRates, 2023). “Best Retirement Podcast With Humor” (FIPhysician, 2020, 2021, 2022, 2023). Learn strategies that can help you retire successfully. Financial advisor Joe Anderson, CFP® and certified public accountant Big Al Clopine, CPA answer your money questions and spitball on your 401k, IRA, Roth conversions and backdoor Roth IRA, how to pay less taxes, asset allocation, stocks and bonds, real estate, and other investments, Social Security benefits, capital gains tax, 1031 exchange, early retirement, expenses and withdrawals, and more money and wealth management strategies. YMYW is retirement planning, investing, and tax reduction made fun, presented by Pure Financial Advisors - a fee-only financial planning firm. Pure Financial adheres to the fiduciary standard of care, in which we are required by law to act in the best interest of our clients at all times. Access free financial resources and episode transcripts, Ask Joe & Big Al On Air to get your Retirement Plan Spitball Analysis: http://YourMoneyYourWealth.com

3 Key Predictors of Retirement Happiness - 523

your money, your wealth

Your Money, Your Wealth

Does it make sense for Alex and his wife in Massachusetts to do Roth conversions now to the top of their eventual tax bracket? Steve in San Diego got serious about saving for retirement after Joe and Big Al gave him some tough love 5 years ago. Is he...

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