35 min listen
Save for a Home or Save for Retirement? - 389
Save for a Home or Save for Retirement? - 389
ratings:
Length:
45 minutes
Released:
Aug 2, 2022
Format:
Podcast episode
Description
Should you save for a house down payment or invest for retirement? How much long term capital gains tax do you pay on a rental property when you sell it after 20 years, and how does a 1031 exchange work? Also, opening a Roth IRA with the Backdoor Roth strategy, and the 5 year Roth withdrawal rules explained. Plus, a couple retirement spitball analyses: are you saving too aggressively for retirement? Can you avoid the Medicare IRMAA, or income related monthly adjustment amount, and high taxes from required minimum distributions? Show notes with annual podcast survey, free financial resources, and Ask Joe & Big Al On Air: https://bizlink.to/ymyw-389
Released:
Aug 2, 2022
Format:
Podcast episode
Titles in the series (100)
4 Retirement Plan Loopholes That Could Close Soon - 20: Aired: 4/9/2016 11 AM:: Big Al and Joe share four retirement account loopholes that could close soon. Plus, what you need to know about the recent changes to Social Security and how that could have a huge impact on your retirement. by Your Money, Your Wealth