Take control of your retirement. Learn how to develop a plan to control your risk, fees and taxes. How and when should you take social security benefits? How can you reduce your income fees and expenses? How can you pass the most amount of money to your kids and grandkids? Get all of these questions answered by Joe and Big Al in this second hour of our weekend podcast.
7:06 “At age 70 ½, you are required to start taking money out of your IRA’s and 401(k)s, there’s one exception, and that’s if you are still working and have an active 401(k) plan you can defer that required distribution until you actually retire”
25:15 “If you have company stock inside your retirement account, there’s something called net unrealized depreciation, where you can take that company stock outside of your plan and put it into a brokerage account”
30:05 “The earlier you start saving, the better”
33:49 “Creating retirement income is a whole different strategy”
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