4.2 • 680 Ratings
🗓️ 4 October 2023
⏱️ 40 minutes
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0:22.8 | entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup. |
0:34.7 | Reality Radio for a really great future. |
0:37.9 | We're talking real money. |
0:40.3 | Hey folks, welcome back to talking real money. |
0:43.2 | I'm Don. |
0:44.1 | That's Tom. |
0:45.0 | We're here to try and help you understand money. |
0:47.9 | And to deal with some of the issues that really do impact the way you save and enjoy a better future and invest for a better future. |
0:55.3 | And our phone number right now, right now, just for now, is 206-6-44-609. |
1:03.3 | 206-44-609. |
1:07.8 | Although I am on hold currently with an AirPod in my other ear with Grasshopper tech support, |
1:16.1 | trying to figure out why our phone number is not forwarding as it's supposed to do. So if he comes |
1:22.4 | in my ear, I'm going to make Tom speak. Okay. I'll try and come up with something. Bad movies or TV shows or something. |
1:29.8 | Yeah, not a problem. |
1:30.7 | But in the meantime, we are really kind of excited about the possibility of the Department of Labor taking on Wall Street and the insurance industry again over the issue of qualified retirement plans at work. |
1:48.7 | Qualified retirement plans, particularly 403B plans, but 401Ks too, 457s, are big, big, big, big, big business for both Wall Street and the insurance industry. |
2:01.4 | The insurance industry has a special chokehold on the 403B industry, |
2:07.0 | and consumer advocates are trying to get the labor department to really crack down |
2:12.5 | on some of the bad stuff that is being sold to investors through these plans. |
2:18.9 | And yet the industry, well, of course, as expected, they're pushing back a little bit. |
2:25.8 | Yeah, more than a little bit. |
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