Winning at Life with Gregory Ricks

If you're wanting to get into the Roth IRA game, Gregory reviews a couple of short calls from Saturday showing how to set up some tax free income streams for retirement.

Apple stock sets a new record high ahead of this week's 4-to-1 stock split, and positive buzz about the iPhone 12 coming out in October.

Gold is retreating from its recent all-time high. It will need more bad news to keep going up, and we may be just about out of bad news for 2020.

Ed is Waggaman is drawing on Social Security, and his wife's benefit is hit with the Windfall Elimination Provision. Will that offset continue if he passes away?

Hear 5 bad reasons to turn on your Social Security early.

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Mark on the Causeway has a rental property he's looking to sell. Will he have to pay taxes on the gains from the sale? Gregory explains it balances out between the gain from the cost basis, minus what you've put into the house, and how much it's been depreciated on previous years' tax filings.

Mark in Mandeville has been forced to retire early. Should he go ahead and turn on his Social Security early?

John in Baton Rouge wants to know how converting his IRA to a Roth IRA will affect his taxes when he retires and starts withdrawals.

Bill in Covington has an investment property he is selling for a loss. Can he use the whole loss as a write off?

Ed is Waggaman is drawing on Social Security, and his wife's benefit is hit with the Windfall Elimination Provision. Will that offset continue if he passes away?

Mina in Marrero is thinking about turning on her spousal Social Security benefit, but wants to know all the rules first.

Gregory's webinar: Wine Down with Social Security continues next week, and is a good starter lesson on when you should turn on your Social Security benefits.

Alexander in Pontchatoula has a wife that passed away 20 years ago. Can he draw a Survivor's benefit from her Social Security record?

Steve in Slidell asks how he and his wife can max out their benefits together.

Dwayne Stein of Mortgage Gumbo has some warnings for unmarried couples sharing a mortgage, and some help for those unhappy with their forbearance options.

Fletcher in Grenada has an investment property, and wants to know how/if he can write off various maintenance expenses until he sells it off.

Jeff in Houma wants Gregory's guidance on doing a Backdoor Roth IRA.

Thomas in Baton Rouge wants to know where the stock market is headed from here.

How will the market react to the election?

Charles in Metairie has a pension buyout offer after receiving pension checks for the last 20 years.

John in Lacombe wants to know how to convert his IRA to a Roth IRA.

Deborah in Biloxi lost her husband last month, and just got another check from his Social Security. Does this mean she's started her Survivor's benefit?

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Is Social Media a force for good? Depending on how you use it, Social Media can be a powerful tool. Are you using it to build up, or tear down?

The Numbers segment is incredible, with another record close for the NASDAQ, Tesla breaks $2K, and Payless makes a comeback.

Gregory explains how the Invest 50-50 strategy blends your investments to win.

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Apple becomes the first company worth $2 trillion! They did it by consistently delivering innovating products.

Biden's tax plan is released from the Democrat Convention.

The stock market rebound completes the shortest bear market in history by a long shot.

Intergenerational wealth is the exception, not the rule.

The Numbers are tremendous, with great earnings reports coming in from the big boys.

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Oracle has entered the arena of those looking at buying Tik Tok. Larry Ellison's interview with Maria Bartiromo shows you a tech titan looking to get even bigger.

Robert in Westwego wants to know his options on when to start Social Security. Gregory walks him through his options.

Rusty in Gulfport asks how the income clawback works if you're receiving early Social Security retirement benefits.

Barry on the Northshore is thinking about buying physical gold in an IRA.

Charlie in Tickfaw wants to invest in the housing sector. Gregory steers him away from stocks into looking at ector ETFs.

Why did Kodak stock get halted 4 times today?

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Randy in Kenner asks Gregory Ricks and Jude Heath if age requirements for a Qualified Charitable Distribution from his IRA changed when the rules for Required Minimum Distributions was changed by the SECURE Act.

Mark on the Causeway has a rental property he's looking to sell. Will he have to pay taxes on the gains from the sale? Gregory explains it balances out between the gain from the cost basis, minus what you've put into the house, and how much it's been depreciated on previous years' tax filings.

Gregory and James break down Biden's Social Security reform proposals.

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Tom in Houma isn't happy with the measely interest from his savings account at the bank. What if he put some of that money into a stock that pays a dividend?

Joelle in Laplace asks Gregory about the changing mortgage fee rules.

Mike in Alabama asks for more info on Gregory's Door #2.

Jude Heath CPA gives details on what it would take for you to file your taxes in the State of your second home.

Randy in Kenner asks Gregory Ricks and Jude Heath if age requirements for a Qualified Charitable Distribution from his IRA changed when the rules for Required Minimum Distributions was changed by the SECURE Act.

Matthew in Slidell works for a company in MS with a LA PO Box. He also works on both sides of the state line. To which state does he pay income taxes?

Gregory explains his research process for keeping up with the financial world.

Sharon in New Orleans has a couple of issues with her TSP. She moved her funds into bonds and took a hit. She's also considering borrowing against her TSP.

http://www.WinningAtLife.com

Check out our available Zoom classes: http://inspirlang.com/zoom

Get our digital/paperback book at https://inspirlang.com/lovemando

View our transcription at https://inspirlang.com/mandopod

Youtube: https://youtube.com/c/inspirlang

Facebook: https://facebook.com/inspirlang

Instagram: @inspirlang

Twitter: @inspirlang

John on the Northshore asks if he still has to sign up for Medicare even though he has health insurance through his employer. Gregory goes over some of the basic scenarios when starting Medicare.

Bill in Albany gives us an update on his situation, and wants to know more about the annuities he's holding.

Learn the new rules for Unemployment Insurance going forward. Who qualifies, and how much will they get?

Kodak stock's rise and fall is a tough lesson in the volatility of single stocks.

Stein Mart files from bankruptcy, and everyone is sad about that.

Richard in New Orleans is getting a cash settlement, and wants to invest it. He was thinking about getting some Gold and Apple stock, but Gregory has a much different direction.

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