Secure 2.0 Act In this video, Tom attempts to briefly highlight nine points from the Secure 2.0 Act in four minutes or less! https://www.youtube.com/watch?v=Q-mRfVkqIX8 1. RMD changes 2. Larger catch-up provisions 3. Roth @ work - can be matched 4. Qualified...
Inflation Never Stops https://www.youtube.com/watch?v=PsptvORsSCE Key Take-aways: 1. Inflation operates continuously, similar to a "compounding machine," and rarely produces negative numbers, with a recent example being in 2009. 2. A decrease in inflation rates does...
Inflation Is Cumulative https://www.youtube.com/watch?v=mweZ7vjXxPo Key Takeaways: Inflation is cumulative, not just year-by-year; it builds up over time affecting the cost of goods and services. The rate of inflation can vary each year, but even when it decreases, it...
Automatic IRA Act of 2024 - Video Episode 372 https://www.youtube.com/watch?v=qhYZjpN9OUA Key Take-aways: 1. The "Automatic IRA Act of 2024" requires employers with ten or more employees to set up automatic retirement contribution plans for all full-time and...
Using a Roth IRA for a Down Payment - episode 371 https://www.youtube.com/watch?v=TFqmzwaPjGo Key take-aways: If your company offers a match, consider contributing up to the amount where you will get a match. If you have an option for a Roth 401(k) contribution, you...
The S&P 500: cap-weighted or equal-weight? https://www.youtube.com/watch?v=mn05Y_NfKZI Key Takeaways: Diversification is key to a smoother investment journey; different types of investments (e.g., mid-caps, small-caps, large-caps, international vs. US) perform...
Do I Owe Taxes on a Gift? https://www.youtube.com/watch?v=BiNYqSV99yI Key Take-aways from the question, "Do I Owe Taxes on A Gift?": If you are the recipient of a gift, you do NOT owe a gift tax on this money. In 2024, if you are a gift GIVER, you can now give up to...
Higher Taxes Headed Your Way? Are higher taxes headed your way in the future? These potentially higher taxes may be due to higher than expected required minimum distributions (RMD's). https://www.youtube.com/watch?v=HIC9Cv5tW8s The starting age for RMD's is now 73. ...
Should You Buy Gold Bars at Costco? Costco recently began selling one ounce gold bars. Should you take advantage of this? https://www.youtube.com/watch?v=WmTF4-Urw8M Costco recently began selling gold bars online, not in stores, and sold one hundred million dollars'...
Real Estate vs. Stocks In video episode 365: https://www.youtube.com/watch?v=ZoPtgX9KBWk Tony invested his $50,000 inheritance in real estate by putting it down on a $250,000 house and renting it out, initially earning $24,000 a year in rent but facing mortgage and...
