7 сағат бұрын
14 сағат бұрын
14 сағат бұрын
21 сағат бұрын
Күн бұрын
Күн бұрын
14 күн бұрын
14 күн бұрын
14 күн бұрын
21 күн бұрын
21 күн бұрын
28 күн бұрын
Ай бұрын
Ай бұрын
Ай бұрын
Ай бұрын
Ай бұрын
Ай бұрын
Ай бұрын
Ай бұрын
Ай бұрын
2 ай бұрын
Пікірлер
@maaximreyes 18 күн бұрын
And here we are waiting for the recession 2024, and the fed rate cuts
@missouri6014 2 ай бұрын
So I think everyone understands we have to control the spending, but please tell us as a country how that would look because it seems that the very smart guys like you and I mean that with all due respect, I never mention about texting those that are very wealthy Just why is that instead they want to pick on taking away money from mom’s are single with children You ever notice that So, perhaps you can elaborate on that without extremism What do I mean by that well without saying something like the rich already pay so much more in taxes Or how about this one the rich already pays 60% of all taxes and that’s not fair Please give us some insight And by the way, I attended two of your classes at Missouri State and they were very informative and I appreciate all the effort that you had to do in order to teach those night courses. I appreciate it. Thank you.
@WattsOnWealth 2 ай бұрын
Thank you for listening to the podcast. I'm excited to know that you've been to one of our classes. I'll mention your comments to Barry and who knows, he may find a way to work those ideas into a future edition of the Watts on Wealth TV show on KY3, or the radio show in KSGF, or in a future podcast. Thank you so much for your feedback. We truly appreciate it.
@Adnanhasb1 2 ай бұрын
Thank you for this share. What you shared is not taught in school
@WattsOnWealth 2 ай бұрын
You're very welcome! Thank you for watching!
@Adnanhasb1 2 ай бұрын
@@WattsOnWealth Done in a simple to understand manner ... Easy to consume the info
@missouri6014 3 ай бұрын
Great advice The hard part is, how do you pick the demand?
@WattsOnWealth 3 ай бұрын
That information is readily available. Some investment professionals understand how to use it to the benefit of their clients. Others, not so much.
@makhdoom0004 4 ай бұрын
You are there to help banks
@WattsOnWealth 4 ай бұрын
Thank you for your comment! We are focused on what helps the individual first and foremost. For context here is the link for the full video kzbin.info/www/bejne/aGWUYYahlsegh8k that show that. Have a great day!
@christianroboto4374 6 ай бұрын
Full context?
@soulfitlitinft 6 ай бұрын
Nice , thank you 🙏
@WattsOnWealth 6 ай бұрын
You can find our full video where this short came from at this link: kzbin.info/www/bejne/eIm5cqqXfJyIhcU . Thank you!
@tomj528 7 ай бұрын
This is why I'm in the midst of a 20+ year plan to slowly and under taxable limits convert our tax deferred accounts to our Roth IRAs, completely de-fusing the dreaded "Tax Torpedo" and the "Widow's Tax Trap".
@guineapigzed 7 ай бұрын
If we all stop paying tax, what a beautiful thing!
@WattsOnWealth 7 ай бұрын
I favor a fair tax myself. Let's keep pushing for that.
@als2cents679 7 ай бұрын
It does not work as you say, since there is still the income requirement to be met. Once that is met, you could also have funded using gift amounts to your child.
@WattsOnWealth 7 ай бұрын
There is no income requirement for a 529 plan.
@als2cents679 7 ай бұрын
@@WattsOnWealth True, but you need to have earned income to contribute to a Roth IRA. This means the child is required to have earned income in order to roll over cash from 529 plan to their Roth IRA. If they actually had the income then it is probably better to fund the contribution from a taxable account, unless the 529 plan looks way overfunded making it difficult to get the money out through qualified distributions.
@TheOriginalCameron 7 ай бұрын
@@als2cents679That is a good point. The man never said anything about beating the income requirement to be the first person to ever have an unemployed child contribute to a Roth IRA.
@WattsOnWealth 7 ай бұрын
@@als2cents679 The subject of the videos is not funding ROTH IRAs directly, but rather 529 plans and how you can fund them, with a ROTH IRA backstopping them as the ultimate destination for the money if the child doesn't use it for education. So the point isn't IRA rules, it's 529 opportunities. Thank you for watching.
@WattsOnWealth 7 ай бұрын
@@TheOriginalCameron but many of our business owner clients employ their children in their business, tax deductibly, and the child avoids paying tax on the income. But that's another topic for another day.
@brentlorrilliere6057 7 ай бұрын
"under the current tax code..." there is always a catch.
@Coreydarn 7 ай бұрын
Before the end of retirement? You could’ve just said before they die right?😂
@malcolmnicholls2893 7 ай бұрын
I like spending money. Earning it is the bugger!
@braddavid902 7 ай бұрын
Great advice. Thank you
@WattsOnWealth 7 ай бұрын
I'm glad you found it helpful, Brad. Best wishes to you!!
@Bokgat 7 ай бұрын
That’s what I did but only from 1 year out to 5 years on fixed deposit (FD) . USD denominated for non Americans in bonds or money market or bonds is a minimum of 250k and I’m not about to put that amount with any issuer government or corporate bond. Diversification is everything here
@brandtsibert7012 8 ай бұрын
The problem is you are not taking inflation into account
@JBarryWatts 8 ай бұрын
Thanks Brandt for watching and for your feedback. Not sure why you would make that assumption. Annual cost of living adjustments are actually built into every year’s calculation of required retirement income.