Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

Published On
September 24, 2016

Joe and Al discuss some last-minute tax planning tips before year-end, then close the hour answering frequently asked financial questions including whether you can roll your solo 401(k) to a simple 401(k).

4:35 “One of the most critical elements is checking your emergency funds.”

7:55 “Take your retirement budget for a test drive and adjust your spending plan.”

16:15 “Can I convert my Individual 401(k) to a SIMPLE 401(k)?”

17:50 “We like solo 401(k)s a little bit better, because if you’re not making a lot of money you can put a lot more money into it if you want to shelter that.”

22:02 “You have to do [Roth] conversions before December 31st…you can convert any dollar amount you want to.”

24:29 “Should I be concerned about the department of labor scare?”

29:11 “In some cases, the financial industry, banking industry or maybe insurance companies might feel a bit of a hit because they’d have to do things differently but I think over the long term this is good for people and the industry…in fact this should have been done a long time ago.”

30:02 “Where should I invest my inherited money?”

35:03 “You just have to figure out what your goal is and that will help you figure out how to invest it.”