Your Money with David Hays

The midterm elections are complete - so what does that mean going forward? This week David welcomes Rod Holloway to the show to discuss not only the election impact but also the Federal Reserve meeting last week and early third-quarter market details.

David is headed to the Ed Slott Elite IRA Advisor Conference this week, and IRAs are on his mind! With just two months left in the year, it's time to check the status of your Required Minimum Distribution (RMD) and the option of a Qualified Charitable Distribution (QCD). 

Plus - if you plan to retire in your fifties, what options do you have for accessing retirement funds with minimal - or no - penalties? David will have thoughts on that as well... 

The midterm elections are complete - so what does that mean going forward? This week David welcomes Rod Holloway to the show to discuss not only the election impact but also the Federal Reserve meeting last week and early third-quarter market details.

David is headed to the Ed Slott Elite IRA Advisor Conference this week, and IRAs are on his mind! With just two months left in the year, it's time to check the status of your Required Minimum Distribution (RMD) and the option of a Qualified Charitable Distribution (QCD). 

Plus - if you plan to retire in your fifties, what options do you have for accessing retirement funds with minimal - or no - penalties? David will have thoughts on that as well... 

October wraps up with a Question-and-Answer Show, filled with questions on multiple topics. Some of the questions posed include:

❓ Does it cost money to freeze your credit? 

❓ How can I maximize the use of my Health Savings Account?

❓ Does my Social Security estimate include years I've not worked?

❓ Do I have to keep working just to carry health insurance? 

❓ Can I choose who does - and who doesn't - receive money from me when I pass away?

Join David and Jim Inman for the show - and remember you can always submit your question at cfci.us/your-money

One of the biggest questions in retirement planning is "How long will my money last?" That's an impossible one to answer, as there are countless factors involved. This week David discusses the topic and options to help minimize the chance of running out of money.

Also this week - Qualified Charitable Distributions, or QCDs. Ed Slott was recently featured in a Morningstar article discussing the benefits of QCDs, who is eligible to use them and more. With a little over two months left in 2026, this may be an option for individuals taking Required Minimum Distributions (RMDs).

David will also discuss estate planning for extended family members, as well as how business owners handle transitions - selling, passing along to family, selling to employees and more. 

Doug Hughes joins David on the airwaves this week as the duo talk markets, inflation and the Federal Reserve. The Social Security Administration announced Wednesday that the 2027 COLA (Cost of Living Adjustment) would be 3.6% in 2027 - but is that enough for recipients?

Rod Holloway from CFCI will call in with a market update and what the midterm elections mean in the financial world... plus Doug will share about his recent retirement class with Ivy Tech Community College, especially what's on the minds of people 5-10 years away from retirement.

This week on Your Money with David Hays, David welcomes back Josh Norris from the office.

Medicare Open Enrollment begins next Thursday, October 15 and ends in early December. Josh and David will discuss what options Medicare participants have during this open period, review drug plans and benefits, Affordable Care Act (ACA) credits and much more.

If you are enrolled in Medicare, or know someone who is, encourage them to listen to this week's program. Josh is happy to meet and discuss options and benefits on the different Medicare plans. Visit cfci.us/medicare to learn more. 

This week on Your Money with David Hays, David welcomes Congresswoman Erin Houchin, who represents Indiana’s 9th Congressional District, including south-central and southeastern Indiana.

David and Congresswoman Houchin will discuss three topics that are frequently in the news and often come up in financial planning conversations: the national debt, Social Security and Trump Accounts, which were established for children born between 2025 and 2028. Tune in as they take a closer look at these issues and their potential impact on individuals, families and future generations. 

If you've listened to the show since the early days (starting around 2002), you may recall David discussing demographics - the statistical characteristics of people. This week David is revisiting the subject - diving into consumer spending and savings - and how those characteristics and habits have changed over the past twenty years. 

Also this week, The Wall Street Journal had an article about grantor-retained annuity trusts, or GRATs, and how the IRS is looking into this method of transferring wealth. 

It's been a big week in financial news, as the Federal Reserve increased rates 0.25%. David will discuss how this impacts earnings, valuations, bonds and more - with Rod Holloway from CFCI joining him on the phone.

Also this week - while the idea of retirement is different for everyone, there are many common questions and themes. How do I find reliable income in retirement? How do I keep up with inflation? How do I keep my taxes as low as possible? David will discuss these common questions and offer some suggestions to listeners.

Plus - if you're part of a blended family, estate planning can be a tough process. David will share about some recent conversations and how families best-handle the creation of an estate plan.

Did your parents, or your grandparents, have a pension? Do you remember hearing about these retirement programs that were fairly common to American workers years ago? This week David dives into a recent Wall Street Journal article about some companies bringing pensions back to entice and retain employees.

"America's IRA Expert," Ed Slott, was recently interviewed for a different article in The Wall Street Journal about various retirement strategies people may not know. David will talk about some of those strategies and offer insights for listeners.

Plus - are there economic indicators today that can forecast what may be ahead over the next six-to-nine months? All this and more this week!