Stock Acquisition, HSA, AMT, TSP, RSU, and Trust as Retirement Beneficiary - 363

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3 • 681 Ratings

🗓️ 1 February 2022

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should a trust be the beneficiary of your retirement accounts? Are withdrawal restrictions and required minimum distributions (RMD) reasons to transfer out of the thrift savings plan (TSP) at retirement? Plus, alternative minimum tax (AMT) explained, and strategies for health savings account (HSA) contributions and restricted stock units (RSU). Free financial resources, Ask Joe & Al On Air: https://bizlink.to/ymyw-363

Transcript

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0:00.0	Today on Your Money, Your Wealth podcast number 363, you've heard Joe say not to make your trust the beneficiary of your retirement accounts.
0:08.3	Today, he'll explain why.
0:10.2	Plus, our withdrawal restrictions and required minimum distributions good reasons to transfer out of the Thrift Savings Plan or TSP at retirement.
0:19.4	Big Al explains how alternative minimum tax or AMT works,
0:23.6	and the fellows discussed strategies for health savings accounts or HSA contributions and restricted
0:29.2	stock units or RSUs. HSA, AMT, TSP, RSU, RSU. It's a nice, healthy acronym salad to celebrate
0:37.4	Joe's recovery from COVID.
0:39.3	Visit Your Money, Your Wealth.com, and click Ask Joe and Big Al on air to send in your money
0:43.7	questions as an email or a priority voice message. We'll kick it off with how to handle
0:48.6	stock acquisition of a company you hold in your retirement account. I'm producer Andy Last
0:53.4	with the hosts of your money,
0:54.9	your wealth, Joe Anderson, CFP, and Big Al Clopine CPA. Welcome back, Al. We took a couple of week
1:01.8	hiatus. We did. Happy holidays, all that stuff. The holidays are done and over. I know, and I was in
1:07.6	Maui after that volunteering at the couple of golf tournament, which is awesome. Yeah, loved it. Sounds good. Yeah, I'll do it next year. Yeah, I was in Maui after that, volunteering at the Kappa A golf tournament, which is awesome.
1:11.7	Yeah.
1:11.9	Yeah. Sounds good. Yeah, I'll do it next year. Yeah. I was in a basement in Arkansas. I know you
1:16.3	were. With COVID. Yeah, you were. Great times. You're good now, right? Great holidays.
1:20.1	Because we're a little, I guess, for six feet apart. Yeah. I'm totallyers, though. Yeah, that's my part.
1:28.0	I feel fine.
1:29.2	It's just a little lingering.
1:30.5	Yeah, right.
1:31.0	So I'm going to have a really cool radio voice.
	...

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