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The Clark Howard Podcast

06.16.22 Drones & Automation Advances / New Traditional IRA Inheritance Tax Rules

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 16 June 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

Clark has talked about delivery drones, driverless cars, and robots for years. Well, it’s happening for real now. Clark updates Walmart’s drone delivery efforts, Google’s Waymo cars, & GM’s Cruise operation - all part of our future. Also, the difference between Roth and traditional IRAs - a new tax issue around inheriting a traditional IRA, and what to do before you bequeath one. Drones & Automation: Segment 1 Ask Clark: Segment 2 Traditional IRA Inheritance: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Amazon, Alphabet and Others Are Quietly Rolling Out Drone Delivery Across America Best Investment Companies for Investors in 2022 What Is a Thrift Savings Plan? How To Open a Roth IRA What Is a Roth 401(k) and How Does It Work? What Is Disability Insurance and How Does It Work?   Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show where our mission is to serve

0:09.6

you and empower you to make better financial decisions in your life.

0:15.4

For years I've talked about delivery drones, driverless cars, robots.

0:20.9

Well this stuff is for real now.

0:23.6

And later the rules on inheriting a traditional IRA have changed to be really, really ugly.

0:33.6

I need to explain them in short form because if I explain too much you'll just fall asleep

0:40.6

just to let you know a better way for you to have money that's hanging around that maybe

0:47.2

loved ones will inherit someday.

0:51.2

So Walmart just announced that their experiment with drone delivery has not fallen on its

0:59.3

face.

1:00.4

It's been so far a tremendous success.

1:05.0

So their delivery by drone is called drone up and the whole idea is to do deliveries where

1:15.7

they can be done in a hurry things that are up to 10 pounds and it's now going to be offered

1:25.2

in six states.

1:27.7

Arizona, Arkansas, Florida, Texas, Utah, and Virginia.

1:35.6

And they're now in a position to deliver.

1:38.4

There's a tiny fraction obviously their deliveries.

1:41.9

But the goal is in these six states to deliver a million packages a year this way is they

1:47.7

continue to ramp up the express delivery.

1:52.8

And so the design of it is you know how they'll have employees running around Walmart store

2:00.0

collecting items for people to do grocery pickup or delivery.

2:05.0

Well, same kind of idea.

...

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