617-Friday Q&A: Giving Money to Poor People, Contributing My Salary to my Wife's 401(k), Protecting Investment Accounts, Buying Term Life Insurance while FI, etc!
1:45 - How can I give nice gift to people who are poorer than I am without creating a power imbalance?
15:20 - Can I contribute my salary into a 401(k) plan for my wife in order to maximize our retirement account contributions?
28:05 - How can I protect my non-qualified investment accounts that are exposed to the claims of creditors?
44:30 - I don't "need" term life insurance because I'm financially independent. Should I still buy some?
51:00 - I'm following Dave Ramsey's baby steps and am almost out of debt; should I store up my emergency fund in a Roth IRA?
56:00 - I want to buy an investment that will pay for my new car instead of just burning all my cash on the car. How do I do that?
(For the context of any time-relevant comments relating to current events, this Q&A was recorded on 12/19/2018.)
511-Friday Q&A: Should I Use my 401(k) Money to Invest in Real Estate with a Self-Directed IRA, What Questions Could a Client Ask their Financial Advisor for a More Productive Relationship, Do I Risk the Wrath of the IRS by Moving From Sole Prop to S-Corp
It's Friday! That means Q&A time. Today we cover:
- Should I Use my 401(k) Money to Invest in Real Estate with a Self-Directed IRA
- What Questions Could a Client Ask their Financial Advisor for a More Productive Relationship
- Do I Risk the Wrath of the IRS by Moving From Sole Proprietor to S-Corp
- When Is the Right Time to Hire a Tax Accountant Instead of Doing it Myself?
If you'd like to join for a future Q&A show, sign up here: www.RadicalPersonalFinance.com/patron
Joshua
490-Q&A: Paying for a Seminary Degree with Early Distributions from a Retirement Account, Can I Still Become Financially Indpendent if We Move to Paradise First, Should We Sell Our Rental House or Move Back for Tax-Free Gains, Are Healthcare Sharing Minis
I've been doing a live Q&A series...today we cover these:
- 1:24 - Can I Pay for My Seminary Degree with Early Distributions from a Retirement Account?
- 13:30 - Can I Still Become Financially Independent if We Move to Paradise First?
- 25:45 - Should We Sell our Rental House Two States Away or Plan to Move Back to It In Order to Get the Tax-Free Gains on a Future Sale?
- 37:45 - Are Healthcare Sharing Ministries Like Samaritan Ministries Any Good?
Joshua
- Ph.D. for under $15,000 https://americanvision.org/6383/b-a-to-ph-d-for-under-15000-how-i-did-it/
- Healthcare Sharing Ministries https://radicalpersonalfinance.com/health-care-sharing-ministries/
- Support RPF on Patreon: www.radicalpersonalfinance.com/patron
471-Friday Q&A: What's the Best Type of Retirement Plan for my Wife's Side Business, How Can I Help My Sister-in-Law Who is Asking me for Financial Advice, Should I Pay Off My Debt as Fast as Possible or Save Up and Pay it Off in Large Chunks?
On Fridays, I host a Q&A call. Patrons of the show are invited to call in and ask any question they want!
Today, we cover:
- (1:57) What's the best type of retirement plan for my wife's side business? (SEP IRA, SIMPLE IRA, Solo 401(k)?)
- (16:45) How can I help my sister-in-law who is asking me for financial advice?
- (30:20) Should I pay off my debt as fast as possible or save up and pay it off in large chunks of money?
Joshua
- Become a Patron of the show and gain access to future Q&A shows here: www.patreon.com/radicalpersonalfinance
