Winning at Life with Gregory Ricks

The Daily Wrap: 02.07.19


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00:51 - Gregory Ricks announces a new event he's hosting for those with tax issues called: Lunch and Learn. Stop in for a quick luncheon, and learn how to work the system and minimize taxes. This is also a great eductional event for those who are behind on their taxes, and those interested in creating tax-free income.

12:44 - Learn some basics of IRAs. Do you qualify for an IRA? How much can you contribute? What's the difference between a traditional IRA, a non-deductible IRA, and a Roth IRA?

27:47 - What are the early withdrawal rules for IRAs? There are rules that allow you to dip into an IRA for certain educational or home-buying expenses, but you may get hit with taxes and/or a penalty.

34:38 - Stan in Gautier asks Gregory for some help figuring out his situation with Social Security. He receives a military pension for doing 20 years in the Navy, but a court ruling about his Social Security contributions in the service may affect him.

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Winning at Life with Gregory RicksBy Winning at Life with Gregory Ricks