We’re in the heart of tax season and the April 18th deadline is approaching quickly. Today I remind you what filing an extension does and does not allow you to do and to be aware of increased IRS scams and identity theft attempts. You may have sensitive documents in your email that hackers will want. I also discuss funding Backdoor Roth IRA’s. Other topics include:

• Debunking the Trump budget misinformation and economic numbers
• Questions to ask before rolling over your 401k
• Reducing taxes on Inherited Stretch IRA’s
• Alan has too much cash, a large IRA and doesn’t want to take RMD’s –what are his options?
• Strategies for Liz and her husband to consider before they take time off following the birth of their child

 

 

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.