Where Should You Save for Retirement? Where Does Real Estate Fit? - 382

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

🗓️ 14 June 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you own houses in your self-employed, self-directed solo 401(k), is converting a house a year to Roth to avoid required minimum distributions (RMDs) a good strategy? What’s an individual coverage health reimbursement arrangement (ICHRA) and is it a good healthcare option for those with C-corporations? When putting away retirement savings, should you contribute to a Roth IRA, a brokerage account, a 401(k), or your employee stock purchase plan (ESPP)? When it comes to step-up in basis, how do you determine the past fair market value of a home? And finally, what happens if you retire before your construction loan becomes a permanent mortgage? Show notes, free financial resources, Ask Joe & Al On Air: https://bit.ly/ymyw-382

Transcript

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0:00.0	Today on Your Money, Your Wealth podcast number 382, if you own houses in your self-employed solo 401k,
0:07.0	is converting, say, a house a year to Roth to avoid required minimum distributions a good strategy.
0:13.2	What's an individual coverage health reimbursement arrangement or ICRA?
0:18.3	And is it a good health care option for those with CCORPS?
0:21.5	When putting away retirement savings, should you contribute to a Roth IRA, a brokerage account, a 401k,
0:27.4	or your employee stock purchase plan, aka ESPP.
0:31.4	When it comes to step up in basis, how do you determine the past fair market value of the home?
0:36.5	And finally, what happens when you retire before
0:39.2	your construction loan becomes a permanent mortgage? I'm producer Andy Last, and here are the hosts
0:44.6	of Your Money, Your Wealth, Joe Anderson, CFP, and Big Al-Clofine CPA. Go to Your MoneyWalth.com,
0:52.0	click on Ask Joe in L on the air.
0:55.3	And we will answer your questions right here.
0:58.1	You can leave a voicemail or you can leave an email.
1:03.0	Text message or something.
1:04.4	What else can you do?
1:05.0	I'm not sure about a text message.
1:06.4	It might be possible, yeah.
1:07.7	But you can definitely email us or you can send us a voice message like Roberta did.
1:11.6	Hey, Joe, Alan, Andy.
1:13.6	You guys are awesome.
1:14.6	You're full of good spitballing moments that make you go home and plenty of laughs.
1:20.6	So I have two questions from a self-employment retirement scenario.
	...

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