On the Your Money, Your Wealth® podcast episode #218 with Joe Anderson, CFP® and “Big Al” Clopine, CPA, Kristin Wong (author, Get Money, columnist, Joint Accounts @ Medium.com) talks about relationships and money and explains how communication, specificity, and gamification can improve your financial life. Joe and Big Al answer money questions: should you increase your Roth 457 contribution when your spouse wants to retire 8 years before you? Does a SEP IRA have the same protections as a 401(k)? Does your company HAVE to allow third-party management of your 401(k)? Plus, Big Al admits he answered a question incorrectly last week – stick around for the right answer. Transcript & show notes:

2:01 – My Wife Wants to Retire 8 Years Before Me. Should I Increase the Contribution to My Roth 457?

15:43 – Kristin Wong on Joint Accounts, Get Money, Communication, Specificity, and Gamification

32:21 – Big Al Corrects a Mistake (Excess Scholarship Contribution to a Roth IRA and Tax Filing)

38:29 – Does a SEP IRA Have the Same ERISA Protections as a 401(k)?

43:53 – Will My Company Be Required to Allow Third-Party Management of My 401(k)?

48:31 – Where Should I Save Money for a Downpayment on a House?

If you would like to schedule a free assessment with one of our CFP® professionals, click here:

Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.”

Channels & show times:

IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.
• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with a tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors. #YourMoneyYourWealth #YMYW #YourMoneyYourWealthPodcast…(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA