Mr. Money Talks: Protecting Your Retirement from Scams and Maximizing Tax Savings (7/13/24)

Live Broadcast 7/13/24

In this episode, financial expert Mark Rothstein, known as "Mr. Money," delves into the critical topic of safeguarding your retirement accounts from scams. He provides valuable insights on recognizing and avoiding common financial scams, as well as strategies for optimizing your tax planning throughout the year. From understanding the taxation of Social Security benefits to leveraging Roth retirement accounts and Health Savings Accounts (HSAs), Mr. Money shares practical advice to help you keep more of your hard-earned money.

 

Sources:

1. Nearly half of parents financially support adult children, study shows (cnbc.com)

2. Dow Rises Above 40000 With Investors Putting Rate Cut in Sight - WSJ

3. It’s Time for the Fed to End the Waiting Game - WSJ

4. Is Diversification Dead to Investors? | ThinkAdvisor

5. No Nvidia in Your Portfolio? ‘You’re Just Toast’ - WSJ (both dates)

6. Underestimating Your Life Expectancy: Don’t Let Your Brain Shrink Your Retirement Benefits - Articles - Advisor Perspectives

7. Protect Yourself and Your IRA From Scams | Kahler Financial

8. What You Should Know Before Naming or Being an Estate Executor - Your Money Briefing - WSJ Podcasts

9. IRS has options to help people who missed the April filing deadline | Internal Revenue Service

10. Quickfinder Tax Tips Newsletter | Public Accounting Firms | Tax | Thomson Reuters TRTA