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 [email protected]. 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 [email protected]

**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

3 WORST Types of Financial Crooks (Don’t Get Scammed!)

In the financial world, there are a lot of crooks that try to get into your pockets. From metaphorical crooks selling a bad product to literal crooks stealing your money, we'll cover the different types of financial crooks to watch out for and how you can protect...

Financial Advisors React to NFL Players Spending Their First Million!

Not many Americans will ever make over one million dollars in a year, but professional athletes regularly make that and more. In this react video, we'll see how NFL players spent their first million dollars after making it into the league. As we review their mistakes...

Everything You Need to Know About Real Estate Investing!

Over the years, we have had some great conversations about real estate investing. In this episode, we put together the ultimate guide to show you everything you need to know about real estate investing! In this episode, you'll learn: How to get started in real estate...

The Truth About The FIRE Movement! (Is FIRE Still Possible?)

Since the advent of the FIRE movement several decades ago, we have never experienced a period of higher inflation until now. With the market down over 20% and inflation at 40-year highs, is FIRE still possible in 2022? If it is, what does it take to become financially...

Top 3 Most Controversial Money Issues! (Our Hot Takes)

We have some unpopular opinions about controversial money topics. In this episode, we'll discuss our three biggest controversial hot takes, including our thoughts on nice cars, wealthy people, and real estate. You won't want to miss this one! In this episode, you'll...

Why College in America is Broken [And What You Can Do About It]

College costs in America have skyrocketed over the last few decades, as has the total student loan debt in the country. In this episode, we'll talk about why college in America is broken, what went wrong, and how you can do college the right way. In this episode,...

Why This Recession is Going to Be VERY Different!

Every recession is different, and this one is no exception: we are currently experiencing once-in-a-lifetime inflation and started the recession with historically low interest rates. Will this recession be different from any other we've experienced? How will it end...

How to Protect Your Finances During a Recession! (By Age)

The S&P 500 recently crossed over into bear market territory, and many in the financial media believe we are in a recession. Bear markets and recessions affect everyone differently, and we think there are certain things you need to focus on (or forget about) by...

Avoid These Home Buying Mistakes! (Even During a Crazy Market)

Housing prices have gone up over 30% in the last two years, and over 70% when you account for rising interest rates. However, there are some glimmers of hope in the housing market for those looking to buy. Will the market cool off anytime soon? How can you buy a house...

Financial Advisors React to OUTRAGEOUS 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 Tik Tok is the new frontier. Is there good...

Financial strategies to your inbox!

Never miss a show again, get special offers and early access. Ready to build wealth and start owning your time? 

You have Successfully Subscribed!