12.09.25 Ask An Advisor With Wes Moss

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 9 December 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Costly IRA Conversion Warning & the Hidden Billions Americans Are Leaving Behind In this episode, fiduciary financial advisor Wes Moss tackles a piece of financial advice that he calls "lunacy" and "insanity" – a recent Op-Ed arguing that retirees should convert their entire Traditional IRA to a Roth IRA in a single year. Wes explains why this academic advice is a dangerous real-world strategy, warning listeners about the potential for a massive tax bill that could reach hundreds of thousands of dollars. Also, Wes addresses a sinister issue in retirement savings: billions of dollars in "forgotten" 401(k) balances. Wes warns that this money is often parked in cash or a low-interest money market, missing out on decades of critical growth. Mentioned on the show: Forgotten 401(k) Accounts Are Costing Americans Billions in Lost Investment Gains Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the December 9, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions at clark.com/ask. We hope you enjoy our weekly Ask An Advisor episodes. Let us know what you think in the comments! Learn more about Wes: BOOKS BY WES MOSS Wes Moss, CFP® Wes Moss - Clark.com 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	Why are businesses like HelloVet choosing Apple products and services?
0:04.8	So we started the business two years ago.
0:07.2	We had a few people who were used to PCs and this was their first foray into Macs.
0:12.5	But it's been super smooth getting everyone onto those devices and everyone seems really, really happy.
0:18.0	Find out how Mac can help you run and grow your business
0:21.2	at Apple.com forward slash hello vet.
0:26.0	This festive season of McDonald's
0:27.9	Get... Grinched deals every day.
0:29.4	Okay, okay.
0:30.4	With a sausage sandwich for just...
0:31.6	Let's see, Nanda-N-Ping.
0:32.8	Six chiggin' mcnuggets for just...
0:34.1	Nine-N-a-p.
0:35.0	Fine.
0:36.6	Get Grinch deals every day in the McDonald's app.
0:41.4	18 plus app only.
0:42.5	Ends 24th of December.
0:43.5	One use per offer.
0:44.1	Fees apply to delivery.
0:44.9	Participation varies.
0:45.7	Teas and Cs apply.
0:51.3	Welcome to Ask an Advisor,
	...

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