ABOUT HOSTS

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
ABOUT Alan

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
April 2, 2016

Big Al and Joe answer the most commonly asked questions about taxes, IRAs, 401ks and Roth IRAs. Plus, their favorite tax strategies.

4:02 “If you’re married and one spouse is still working, you can still contribute to a Roth or IRA because of the non-working spouse election”

7:45 “If I’m full retirement age and I’m still working, I think it makes more sense to delay to get the 8% delayed retirement credit”

10:28 “What is the optimal long-term investment vehicle when someone has maxed out all tax-advantaged accounts?”

18:16 “Let’s say you have an IRA and you have stocks inside this IRA, and some of these stocks have gone down in value. Should you take your RMD from these stocks?”

21:29 “An RMD is a required minimum distribution that you have to pull out of a retirement account if it’s an IRA if you’re over 70 ½”

25:38 “When markets are down, Roth IRA conversions are a phenomenal strategy”

29:59 “Your upfront contributions to a Roth IRA are tax deductible – true or false? False. They are not tax-deductible, they grow 100% tax-free though”

33:45 “There is no age limit for contributing to a Roth as long as you or spouse have earned income to contribute”

37:25 “The bottom line is if you’re not contributing money to a Roth IRA or converting money to a Roth IRA, you’ve got to be looking at this because tax rates may be going up in the future”



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