Stimulus Package, Tax Preparation Discussion, and IRA Rollovers

January 28, 2008

100_0968.JPG by Kristin BrenemenOn this episode of the Money Guy Show we cover the following items:

  • Details of the Government’s bipartisan economic stimulus program
  • “How to drive your tax preparer crazy” discussion with CPA, Brandon Verner
  • Listener’s Question Answered: What to do with 401k accounts from prior jobs

Shameless self promotion: Last week I was on the Fox Business Network’s “America’s Nightly Scoreboard” to discuss ways to survive this crazy financial market. If you would like to see me in action then check out this link (click here) .

Helpful links for today’s show:

*The Government’s plan for Economic Stimulus: Wall Street Journal (subscription required) article titled, “Washington Sets $150 Billion Plan to Jolt Economy (click here for link)

We made Money Guy history in this show by having our first phone interview with Atlanta CPA, Brandon Verner (click here for a link to his firm’s site). The site was having some technical issues this morning, so I am providing you with Brandon’s email if you want to contact him directly bverner@vernercpa.com. In this segment I took the advice of several listeners and spiced up an article that I wanted to cover for the show by bringing in an expert to discuss the content with me. The article covered is from the Consumer Report Money Adviser Newsletter titled, “How to drive your tax preparer crazy”. This article is great for those that use a tax preparer to complete their taxes (click on link if you are interested in subscribing to the Consumer Reports newsletter).

In the third segment of the show I answer a listener’s question about what to do with 401k accounts from previous jobs. Listen to the show for guidance on the subject.

** You too can be a part of the Money Guy Show by emailing me your financial questions. In the email please provide me with a quick summary description of your financial issue along with a phone number. If you email me I am going to assume that you do not mind that I may discuss your issue on air (of course we do not have to use your full name or even location to keep your matters private). The email address to send your questions is Brian@MoneyGuy.net

**A Big Word of Thanks**

Thanks for all of the great emails and the iTunes positive feedback. Your ongoing support is what makes this show successful.

Most Recent Episodes

Dave Ramsey vs. The Money Guy: Which Strategy is The Best?

Dave Ramsey has an incredible legacy of helping folks get out of debt and take control of their financial lives. We agree on a lot of things, but there are a few points of contrast. In this episode, we’ll discuss differences between The Money Guy Show and Dave Ramsey...

Top 4 Financial Mistakes We Saw This Year! (2022)

We saw some wild financial mistakes this year during the bear market. From making extreme changes to portfolio allocation, chasing the hot dot, and using too much leverage, we’ll talk about some of the biggest financial mistakes we saw in 2022 in this episode.   In...

How Millionaires Build Wealth! (With Dave Ramsey)

Join us for a very special episode as we welcome personal finance radio host and influencer Dave Ramsey to The Money Guy Show! There’s so much misinformation out there about building wealth. We had the pleasure of having a great conversation about how millionaires...

Do These 4 Things with Your Finances BEFORE 2023!

There are unique financial opportunities available at the end of the year - especially this year with the market down. In this episode, we’ll talk about what you need to do with your money BEFORE 2023! In this episode, you'll learn: What you need to do with your money...

How to Win When the Financial World is Burning!

Lately it’s felt like the financial world is in chaos, with rising interest rates, a falling stock market, and high inflation. Let’s talk about how to focus on what you can control and how to minimize the time spent worrying about what you can’t control. In this...

Financial Advisors React to RIDICULOUS Money Advice on TikTok!

The most powerful time to get serious about building wealth is when you’re young. So, what is the younger generation learning? Financial Advice (good and bad) is being produced in massive rates across online platforms and TikTok is the new frontier. Is there good...

Loss Harvesting: Why Wealthy People Love It (And You Should Too!)

Tax-loss harvesting: what is it and should you be doing it? In this episode, we’ll cover everything you need to know about tax-loss harvesting, including whether it makes sense for you, how much it could save you in taxes, and how to eliminate the downside of loss...

The Market is Crashing! (Where Should You Put Your Money?)

The stock market has not had a great year so far. You might be asking yourself, “Since the market is crashing, where should I put my money now?” In this episode, we’ll discuss how to invest when the market is dropping and how to make the most of your money. In this...

Will Rising Interest Rates Tank the Economy?!

The Federal Reserve is raising interest rates to combat inflation, and many are concerned about how it will affect the economy. In this episode, we’ll discuss what rising interest rates means for your wallet and how to make the best of it. In this episode, you'll...

How to Be Wealthy By Age! (Can You Catch Up?)

How much does it take for you to meet your retirement goals by age, and what are some common traps your peers fall into? Learn more about how to be wealthy, mistakes to avoid, and exactly what a little extra saving can do for your retirement income. In this episode,...