Podcasts Business Investing Your Money, Your Wealth Stretch IRA's and The Business of Family - 101

Stretch IRA's and The Business of Family - 101

Published: Feb. 11, 2017, 2:39 a.m.

Kiplinger\u2019s Retirement Report editor Rachel Sheedy tells Joe Anderson, CFP\xae and Big Al Clopine, CPA how to inherit a retirement account without paying a boatload of taxes all at once. Family, Inc. author Doug McCormick talks about how to use sound business principles to make the most of your family\u2019s money, and the fellas answer emails about retirement contribution limits, taxation on stock dividends and splits, and the voodoo of overfunding life insurance. They also discuss Social Security and Medicare changes in 2017, and the do\u2019s - and dont\u2019s - of saving for retirement.

00:00 - Intro
01:00 - 2016 Market Recap
07:39 - The Stretch IRA Explained, with Rachel Sheedy from Kiplinger
23:51 - 5 Ways to Become an Extreme Saver
30:20 - 2017 Social Security Changes
36:03 - Family, Inc. With Doug McCormick
47:16 - Answers to Money Questions
48:03 - I am currently contributing a company sponsored 401(k) plan. Can I also contribute to a Roth IRA?
50:52 - Are stock dividends and stock splits taxed?
56:06 - I've heard I can use life insurance like a Roth. How do I do this? And is it a good idea?