Today on Your Money, Your Wealth® podcast 340 with Joe Anderson, CFP® and Big Al Clopine, CPA, asset location: how to position assets to pay less tax without sacrificing investment growth? Should young folks contribute all of their retirement savings to Roth accounts? Also, conversations (not advice) on a self-employed defined benefit plan vs. pass-through profits, gifting tuition for education, Roth conversions with a special needs child in mind, a correction on inherited Roth IRAs, and listener comments. Podcast survey, free financial resources, ask Joe & Al On Air:

00:00 – Intro
01:33 – Can I Fund a Roth TSP and a Separate Roth IRA? (Cass, MS)
03:21 – How to Position Tax-Deferred Assets for Tax Efficiency Without Compromising Growth? (D, Irvine)
08:50 – Asset Location: Should My Kids Contribute All to Roth? (Mike, Texas)
13:32 – Should We Open a Defined Benefit Plan or Take Pass-Through Profits? (Ken, San Diego)
19:26 – How to Pay for Son’s Grad School and Minimize Taxes? (Linda, San Diego)
29:55 – Roth Conversion and Special Needs Trust (Scott, San Diego) 
36:18 – Correction: Inherited Roth IRA SECURE Act Stretch IRA Rules (Greg, Temecula, CA)
37:37 – Comments and YMYW Podcast Survey

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CPA – Certified Public Accountant is a license set by the American Institute of Certified Public Accountants and administered by the National Association of State Boards of Accountancy. Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional one-year study. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license (i.e., permit to practice) to practice public accounting. CPAs are required to take continuing education courses to renew their license, and most states require CPAs to complete an ethics course during every renewal period.

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