Mon, 13 July 2015
Today I discuss Greece's third bailout, IRS lump sum pension payout warnings, Hillary Clintons' economic proposal, an article about working in retirement and how social security will be affected by same-sex marriage.
I discuss Greece receiving its third bailout, the proposed terms they need to approve and the Chinese governments' intervention in the stock market. How the IRS and Treasury Department plan to amend pension regulations to stop the dangerous lump sum offers being made by many greedy pension plans. I discuss Hillary Clintons' economic policy proposal which calls for changes to social security higher capital gains taxes. Should you even count on social security? I discuss a Bankers Life Center for a Secure Retirement article about working in retirement and some ugly surprises baby boomers face competing with the upcoming millennial generation. How same-sex marriage will have an impact on factors such as social security survivor, widow and divorce benefits. I answer a listeners' question about paying off her 401(k) loan in one lump sum vs. a payment schedule.
Don't forget to register for our seminar at the Toll House Hotel in Los Gatos on Thursday, July 30th. Click HERE to sign up! Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)
Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com. |