Mastering Money 9/17/19


Manage episode 242297853 series 1129321
By IQ Wealth Management and Steve Jurich. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
To encourage individuals to save for retirement, the Internal Revenue Code provides special tax breaks to those who contribute to traditional-- and Roth IRAs. Traditional IRAs can be established by anyone who is: A) younger than age 70½ at the end of the year, and B, has EARNED income (i.e., wages, salaries, or payment for personal services) Today on Mastering Money, we will begin a clinic on IRAs, starting with the difference between a beneficiary and a DESIGNATED beneficiary and why its so important to know--and the impact of your last will and testament ON your IRA, and tell you what happens at the death of an IRA owner when an IRA does not have a designated beneficiary. Then mortgage expert Mitch Boxberger joins us for the Q & A with strategies for reducing or eliminating mortgage payments in retirement. A fact-filled show you don't want to miss...MASTERING MONEY is on the air!!

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