Is a new tax code on the horizon? I discuss the US Treasury Departments’ proposal to eliminate a strategy that allows business owners to reduce estate and gift taxes for their heirs. I also discuss S&P 500’s above average revenue and earnings performance even though 5 sectors report year over year declines and Japan’s flattened GDP issues which are worse than ours. Other topics include:

• Solutions to excessive 401k fees
• passive vs. active managed funds
• New parent Joe asks if I recommend a New York or Utah 529 plan
• Warning against variable annuities with surrender charge

 

 

Don’t forget to register for our Retirement & Wealth Preservation seminar on September 10 at Four Points by Sheraton in San Rafael where Rob Black, Michelle Lerman and I will cover strategies to help with complicated retirement wealth and estate plans. Registration is only $5 so click HERE to sign up!

 

Email your money question to [email protected] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

 

 

Encore Edition