2.3 • 681 Ratings
🗓️ 23 November 2017
⏱️ 58 minutes
🧾️ Download transcript
Recharacterizing your Roth conversion, getting that knee replacement, meeting with every client you have all across the country and more: Joe and Big Al cover many things you might want to do before tax laws potentially change in a big way come January 1. Also, Suze Orman thinks everyone should work until they’re 70 - we’ll find out what Walter Updegrave from RealDealRetirement.com and Money Magazine thinks about that, and we’ve got 20 retirement stats that will blow you away. Plus, Big Al reveals his secret man crush.
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0:00.0 | couple things that you really might want to consider between now and year end, |
0:04.0 | because if this does get through the Senate, if it passes, if President Trump signs it, |
0:08.8 | then there's some things that you want to do in the next month to take advantage of the current text law. |
0:15.0 | Recharacterizing your Roth conversion, getting that knee replacement, |
0:18.4 | meeting with every client you've got across the country, and more. |
0:21.7 | Today, on this Thanksgiving episode of Your Money, Your Wealth, |
0:25.0 | Joe and Big Al cover many things you might want to do right away |
0:28.1 | before tax laws potentially change in a big way come January 1st. |
0:32.6 | Also, Susie Orman thinks everyone should work until they're 70. |
0:36.2 | We'll find out what Walter Uptegrave from |
0:38.0 | Real Deal Retirement.com and Money Magazine thinks about that. And we've got 20 retirement stats |
0:43.4 | that will blow you away, so they say. Plus Big Al reveals his secret man crush, and the |
0:49.6 | fellas discuss how they enjoy the music of John Denver. Now here are Joe Anderson's CFP and Big Al Clopine |
0:55.7 | CPA. |
0:58.6 | Alan, we have some more news on tax reform. Well, Joe, that we do because the House, House Republicans, |
1:06.3 | passed their tax reform bill. So if you haven't been kind of paying attention, here's a little review. |
1:12.2 | On November 2nd, the House came up with a tax bill that would change a lot of things. |
1:18.9 | Starting in 2018, doesn't really impact 2017 with a few minor exceptions, but mostly for 2018. |
1:25.9 | So they passed their bill. 227 votes in favor, 205 votes against. |
1:33.3 | But that doesn't mean it's tax law yet. That just means the House passed their version. Now, the Senate, by the way, has their own version, which is similar but different. And should they pass it that one is is that |
1:45.5 | one's more iffy because there's only 52 Republicans and they need to have 50 |
1:50.2 | sign off on it in all likelihood there be no Democrats agreeing with it and |
... |
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