July 7, 2022 • 17 mins
In this week's podcast, Gregory is joined by Jude Heath of J. Heath & Co. where they answer Richard's question from the Winning at Life Hotline, " Can I buy extra I-bonds with leftover money from my tax returns?"
A complimentary download to pair with this episode can be found on the podcast page. www.gregoryricks.com/podcast89
For more information about Jude Heath Visit: https://www.jheathcpa.com/
For more information regarding I-bonds please visit: https://www.treasurydirect.gov/
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Gregory Ricks (00:00):
Hey, welcome. I'm your host Gregory Rick's a
financial advisor here to answeryour questions and help you win
with your money.
Podcast Intro / Outro (00:09):
On today's episode of the Ask a
great podcast, we had Jude Heathjoining us from J. Heath and CO,
where he joins Gregory to answerRichard's question from the
winning in life hotline. Can Ibuy extra eye bonds with
leftover money from my taxreturns? We also have a
complimentary download waitingfor you on those topic. If you
go togregoryricks.com/podcast89.
Again, that isgregoryricks.com/podcast89.
Gregory Ricks (00:34):
So let's bring on Richard from Metairie. Welcome
to winning at life. How can wehelp you today, Richard?
Caller (00:42):
Yes, I've got a question about my tax refund. Snail
nailed the return in March. AndI haven't heard anything yet.
I'm just going to beautomatically put into my
checking account. But I knowthey're super behind on opening
up the returns physically, youknow, on the physical mailing
(01:08):
return. So I wanted to know twothings is if it did, they owe me
interest from the time that thetax was due to when they get
around paying me that could bedone until the end of the year,
maybe to next year. And also asecondary question is I've
(01:29):
recently I've heard that taxreturns can be invested in I
bonds. Now I already got my 10grand this year max in the eye
bond. But is there a maximum ontax returns? Say I'm getting
hypothetical I get $20,000.
Back? Can I put the whole 20,000bonds?
Gregory Ricks (01:54):
You want to speak to the tax question? I'll handle
the I bond part if you won't.
Jude Heath (02:01):
Sure. So, you right, Richard? Paper process returns
are taking forever, by prepandemic standards. And so you
know, we're having clients waitup to six, eight months to get
their returns processed. So ifyou mailed it certified and
(02:22):
you've got your registerednumber that they actually
received it, then you can beassured that your refund will be
processed and sent forwardeventually, no, they're not
going to pay you interest backthrough April the 15th. Or
whenever that was due. And soyou're just going to get your
refund amount. And that's justthe that's where we are now is
(02:47):
that's their labor. And we justhave to wait. And so yeah,
that's that's what's going on.
So Gregory with the ions.
Gregory Ricks (02:54):
Yeah, and you're getting a pretty good sized tax
refund, I could see why youwould ask that question. But
here's, and this is a greatwebsite. And they they've got
all these questions, I think youcould think of their treasury
direct.gov paper or electronicboth, can you how can you buy I
(03:16):
bonds, you can buy and buy paperor electronic you can buy a
paper I bond only when filing afederal income tax return. So
that takes us to the next part,what's the maximum electronic,
you can put 10,000 Total eachcalendar year per person. And
(03:38):
two I bonds paper the max $5,000Total each calendar year per
person and you've got a bondsthat are in any amount to the
penny from $25 to 10,000 papers5100 200 515 100. The combined
(04:00):
rate for AI bonds issued fromMay through of this year through
October of 2022. The combinedrate is 9.62%. So that is
appealing but you can't get alot of money in there. Does that
help you Richard?
Caller (04:19):
Well, so you're saying it since I already put my 10
grand and not to my tax returns.
first of the year, I just got myaccount online and and I'm
taking money out of my accountthe 10 grant. So what you're
saying is I've already done thatthe tax return. I can't have
anything going in there from thetax returns because the 10 Grand
is maximum for whether you'redoing it through a tax return or
(04:43):
if you're just buying itdirectly on the website.
Gregory Ricks (04:48):
Yeah, 10k is the max. It is okay. Are you right,
Jude.
Jude Heath (04:54):
So, so you Richard, if I'm understanding your
question correctly, you'reasking if you can divert any of
your refund to buy more i bonds.
Caller (05:08):
Right? Right, in that I've already put 10 grand in for
us at a year before I even filemy tax. So will they take like,
hypothetically, we'll say, okay,and you get $20,000 back on your
return. There's a law say, youcan put more 10 grand if if you
(05:29):
take it out of your tax returns,that's what your tax refund.
Jude Heath (05:32):
Yeah, yes, the answer to your question is yes,
but since you weren't an eyebond holder in 2021, you
wouldn't be able to do it forthis 2021 return that you just
filed. But when you file 2022,you're allowed per tax return.
So if you're married, filingjoint, you know, single at a
household, whatever per taxreturn, you are allowed to
(05:56):
divert up to $5,000 ofoverpayment as a refund. Two
additional five bond purchases,
Gregory Ricks (06:06):
that's in addition to say somebody bought
puts 10,000 and electronically,they can also divert 5000 from
their tax return and get 15 inper Tax
Jude Heath (06:18):
Return of the refund. So you need to make sure
that you're that you have arefund going into filing 2020 to
overpay it by at least 5000Well, that's
Gregory Ricks (06:30):
the next question I was gonna ask. So a strategy
could be well, I'm overpaying 5kyen, so I get a refund to divert
that strategy right there.
Jude Heath (06:42):
Yes, that's correct.
Gregory Ricks (06:43):
To get 15k.
Caller (06:46):
Yeah, that's why I wanted to know, so we can get
around it a little bit byputting in 5050 grand and every
year. If you finagle your taxesto where you're going to get a
$5,000 refund, we can work itthat way. Right?
Gregory Ricks (07:03):
Legally? Yeah, that's actually on the website.
I just found that how much aneye bonds can I buy for myself?
I've never had that question orthought about it that way. But
that is a neat idea. There thatlike if you want to get some in
well, overpay on your taxreturn. So you can get up to 15.
But it says here in a calendaryear, you can acquire up to
(07:27):
10,000 in electronic high bonds,and Treasury direct. And the
next bullet point up to 5000. Inpaper I bonds using your federal
income tax return the they'vegot three points on that I'll
give to you. Since you'rehanging on with us, the limits
apply separately, meaning youcould acquire up to 15,000 and I
(07:51):
bonds and a calendar year. Bondsyou buy for yourself and bonds
you receive as gifts or viatransfers count towards that
limit. And if a bond istransferred to you, due to the
death of an original owner, thatamount doesn't count towards
your limit. And let's seethere's two others here. If you
(08:13):
own paper bond issued before2008, you can convert it to an
electronic bond in your accountin Treasury direct, regardless
of the amount of that bond, thenyour limit before 2008 was
greater than today's limit of$10,000. And the limits are
applied per social securitynumber of the first person named
(08:37):
as owner of a bond or foreignentity per Employer
Identification Number. See Itold you there is a lot of
information there on that andthat's a big help today dude.
Thank you. Any other questions?
Richard?
Caller (08:53):
No, that's gonna take care of my main question I had
about the maximum so I'll knownow too. I think there's an
extra form we got to fill in todo that right from what I've
read. Is that true?
Gregory Ricks (09:08):
If you're filing your tax return, more so for do
it yourselfers, but Jude saidyou know it's a really easy
number to remember he said it's8888 is the form form 8888 It's
called the allocation of refundincluding savings bond purchases
and part two is kind of the parfor the savings bonds. So once
(09:31):
again, Jude he thanks for thatinformation there as well. So
some more people want might wantto do especially because she can
only do it electronically at maxof 10,000 but you can get
another five max of 5k inthrough a tax refund and come up
(09:52):
with an idea if you wanted toget some in and yet done your
tax return. Send Iris Somanisomething send it back. I don't
know is it kind of late to dothat. But if it's an ongoing
thing, think about it. You wantto say, well, I want to get 5000
and some will make sure I'veoverpaid $5,000. So you can put
that in there. I like that ideafrom that. I just wouldn't do it
(10:15):
too much ahead of time, becausehow much interest do they pay
you on that extra money you givethe IRS?
Jude Heath (10:22):
Not very much, now kind of like shadow IT and it
kind of like zero. It is and tobe specific. But you know, one
of the things we tell ourclients is, is it's good to have
an overpayment.
Gregory Ricks (10:37):
I know you shared with me that a few years back, I
love that idea. Yes, pleasecontinue.
Jude Heath (10:43):
It protects you from little oversights, little,
little mistakes, if you missed a1099, you know, whatever, you'll
get a couple of years later,you'll get a notice saying, Hey,
we matched up and you miss thisdocument. Here's the tax you owe
on it. But we adjusted theoverpayment, so you don't owe
(11:04):
interest in penalty. One of thethings that stings so bad about
the tax code, is when you misssomething, and you get, you get
dinged for the tax, sometimestwo years later, the penalty and
interest can be 50% of theamount of the tax, and that
hurts. And so we encourage ourclients, you know, it's not a
(11:24):
good investment. But it kind ofhelps you just in the event that
it was an oversight, you didn'thave a document, you missed
something.
Gregory Ricks (11:32):
Okay, so you've you've overpaid for that reason,
but at the end of tax time, youget the refund, but that
overpayment still not there isit unless you're just going to
let it carry forward.
Jude Heath (11:45):
Right. So we encourage our clients to not
take the refund within reason,and just roll the reef carry,
they say carry the refundforward to the next year.
Gregory Ricks (11:58):
So then they would pull that forgotten thing
out of that money, at some pointforgotten to reduce your penalty
and interest or anything, arethere still?
Jude Heath (12:11):
That's correct, because they kept them, they
were the holders of the money,you don't get charged penalty
and interest. Wow,
Gregory Ricks (12:21):
I didn't know that.
Jude Heath (12:23):
So that's why we encourage our clients keep a
little in the tank, don't drainit every year old, that's my
refund, and they don't pay meany interest rate, we I want my
money. Okay, that's one way tolook at it. But it is and and
what we what we say is if youcan keep a little small
percentage of, you know, yourtaxes, your taxes every year in
(12:46):
that bank, it just protects you,you know, we're all about paying
the least amount of taxes,penalty and interest included
through the years. And everybodymakes a you know, I left off
this k one, I left off this1099, that sort of thing.
Gregory Ricks (13:03):
I like that idea.
And then the savings bond money,if you're going to try that,
then stack that on top of it.
But you always want to leavesome in the tank because they're
not gonna charge a penalty andinterest. And it's always I
could see it being some simplething you forgot the note, the
tin nut, you know, the 1099 ofinterest from that account that
(13:25):
you haven't touched in a whileis thanks can sneak up like
that. Yeah, I have that fromtime to time. But I like that
idea of keeping leaving some inthe tank. Up and above. I always
owe them some money. But I likedthat carry forward idea. And
that's real helpful on thepenalty and interests kind of
(13:47):
gets waived on that. So onceagain, good idea. And don't
forget if you're doing a taxreturn in the future, and you
won't some of that extra moneyto go to a savings bond that's
form 8888. If you have JudeHeath doing it, you don't have
to worry about remembering thatjust tell him you want some of
(14:08):
that money to go to a savingsbond out there.
Caller (14:12):
Okay, thankyou very much.
Gregory Ricks (14:14):
Awesome. So how did they reach you?
Jude Heath (14:18):
Well, they can call your office, your office calls
my office emails my officethroughout the week. So or my
website is Jay Heath cpa.com. Myoffice number is 504, a three to
1873. We're open eight to fiveevery day you just call us we're
(14:41):
there. We answer questions. Weanswer emails. You got a
question late at night. There'sa there's a service on the
website that accepts yourquestion. Just email us your
question. We'll get it in themorning. We're pretty available.
Gregory Ricks (14:58):
Thanks so much for listening to me. Ask Gregory
where we answer your financialquestions. You can find us
anywhere Podcasts can be foundand on YouTube and Facebook Live
every Saturday from 10 to one,subscribe, leave a review and
tune in next time.
Podcast Intro / Outro (15:15):
Thank you so much to our guests Jude Heath
for joining us on this episodeand don't forget we have a
complimentary download waitingfor you on this topic if you go
to gregoryricks.com/podcast89.
Again that isgregoryricks.com/podcast89.
Disclosure (15:26):
Gregory Ricks & Associates is an independent
financial services firm thatutilizes a variety of investment
and insurance products.
Investment advisory servicesoffered only by duly registered
individuals through AE WealthManagement, LLC (AEWM). AEWM and
Gregory Ricks & Associates arenot affiliated companies.
Gregory Ricks & Associates, TheTotal Wealth Authority is our
trademarked tagline, it does notpromise or guarantee investment
(15:48):
results or preservation ofprincipal nor does it represent
a certain level of skill.
Investing involves risk,including the potential loss of
principal. Any references toprotection, safety or lifetime
income, generally refer to fixedinsurance products, never
securities or investments.
Insurance guarantees are backedby the financial strength and
claims paying abilities of theissuing carrier. This radio show
is intended for informationalpurposes only. It is not
(16:09):
intended to be used as the solebasis for financial decisions,
nor should it be construed asadvice designed to meet the
particular needs of anindividual’s situation. Gregory
Ricks & Associates is notpermitted to offer and no
statement made during this showshall constitute tax or legal
advice. Our firm is notaffiliated with or endorsed by
the U.S. Government or anygovernmental agency. The
information and opinionscontained herein provided by
third parties have been obtainedfrom sources believed to be
(16:30):
reliable, but accuracy andcompleteness cannot be
guaranteed by Gregory Ricks &Associates. Any media logos
and/or trademarks containedherein are the property of their
respective owners and noendorsement by those owners of
Gregory Ricks & Associates isstated or implied Gregory Ricks
& Associates has a strategicpartnership with tax
professionals and attorneys whocan provide tax and/or legal
advice. AEWM, Gregory Ricks &Associates, WJ Blanchard Law,
(16:51):
LLC, J Heath & Co. and MortgageGumbo are not affiliated
companies. This show is a paidplacement.
Hey, welcome. I'm your host Gregory Rick's a
financial advisor here to answeryour questions and help you win
with your money.
Podcast Intro / Outro (00:09):
On today's episode of the Ask a
great podcast, we had Jude Heathjoining us from J. Heath and CO,
where he joins Gregory to answerRichard's question from the
winning in life hotline. Can Ibuy extra eye bonds with
leftover money from my taxreturns? We also have a
complimentary download waitingfor you on those topic. If you
go togregoryricks.com/podcast89.
Again, that isgregoryricks.com/podcast89.
Gregory Ricks (00:34):
So let's bring on Richard from Metairie. Welcome
to winning at life. How can wehelp you today, Richard?
Caller (00:42):
Yes, I've got a question about my tax refund. Snail
nailed the return in March. AndI haven't heard anything yet.
I'm just going to beautomatically put into my
checking account. But I knowthey're super behind on opening
up the returns physically, youknow, on the physical mailing
(01:08):
return. So I wanted to know twothings is if it did, they owe me
interest from the time that thetax was due to when they get
around paying me that could bedone until the end of the year,
maybe to next year. And also asecondary question is I've
(01:29):
recently I've heard that taxreturns can be invested in I
bonds. Now I already got my 10grand this year max in the eye
bond. But is there a maximum ontax returns? Say I'm getting
hypothetical I get $20,000.
Back? Can I put the whole 20,000bonds?
Gregory Ricks (01:54):
You want to speak to the tax question? I'll handle
the I bond part if you won't.
Jude Heath (02:01):
Sure. So, you right, Richard? Paper process returns
are taking forever, by prepandemic standards. And so you
know, we're having clients waitup to six, eight months to get
their returns processed. So ifyou mailed it certified and
(02:22):
you've got your registerednumber that they actually
received it, then you can beassured that your refund will be
processed and sent forwardeventually, no, they're not
going to pay you interest backthrough April the 15th. Or
whenever that was due. And soyou're just going to get your
refund amount. And that's justthe that's where we are now is
(02:47):
that's their labor. And we justhave to wait. And so yeah,
that's that's what's going on.
So Gregory with the ions.
Gregory Ricks (02:54):
Yeah, and you're getting a pretty good sized tax
refund, I could see why youwould ask that question. But
here's, and this is a greatwebsite. And they they've got
all these questions, I think youcould think of their treasury
direct.gov paper or electronicboth, can you how can you buy I
(03:16):
bonds, you can buy and buy paperor electronic you can buy a
paper I bond only when filing afederal income tax return. So
that takes us to the next part,what's the maximum electronic,
you can put 10,000 Total eachcalendar year per person. And
(03:38):
two I bonds paper the max $5,000Total each calendar year per
person and you've got a bondsthat are in any amount to the
penny from $25 to 10,000 papers5100 200 515 100. The combined
(04:00):
rate for AI bonds issued fromMay through of this year through
October of 2022. The combinedrate is 9.62%. So that is
appealing but you can't get alot of money in there. Does that
help you Richard?
Caller (04:19):
Well, so you're saying it since I already put my 10
grand and not to my tax returns.
first of the year, I just got myaccount online and and I'm
taking money out of my accountthe 10 grant. So what you're
saying is I've already done thatthe tax return. I can't have
anything going in there from thetax returns because the 10 Grand
is maximum for whether you'redoing it through a tax return or
(04:43):
if you're just buying itdirectly on the website.
Gregory Ricks (04:48):
Yeah, 10k is the max. It is okay. Are you right,
Jude.
Jude Heath (04:54):
So, so you Richard, if I'm understanding your
question correctly, you'reasking if you can divert any of
your refund to buy more i bonds.
Caller (05:08):
Right? Right, in that I've already put 10 grand in for
us at a year before I even filemy tax. So will they take like,
hypothetically, we'll say, okay,and you get $20,000 back on your
return. There's a law say, youcan put more 10 grand if if you
(05:29):
take it out of your tax returns,that's what your tax refund.
Jude Heath (05:32):
Yeah, yes, the answer to your question is yes,
but since you weren't an eyebond holder in 2021, you
wouldn't be able to do it forthis 2021 return that you just
filed. But when you file 2022,you're allowed per tax return.
So if you're married, filingjoint, you know, single at a
household, whatever per taxreturn, you are allowed to
(05:56):
divert up to $5,000 ofoverpayment as a refund. Two
additional five bond purchases,
Gregory Ricks (06:06):
that's in addition to say somebody bought
puts 10,000 and electronically,they can also divert 5000 from
their tax return and get 15 inper Tax
Jude Heath (06:18):
Return of the refund. So you need to make sure
that you're that you have arefund going into filing 2020 to
overpay it by at least 5000Well, that's
Gregory Ricks (06:30):
the next question I was gonna ask. So a strategy
could be well, I'm overpaying 5kyen, so I get a refund to divert
that strategy right there.
Jude Heath (06:42):
Yes, that's correct.
Gregory Ricks (06:43):
To get 15k.
Caller (06:46):
Yeah, that's why I wanted to know, so we can get
around it a little bit byputting in 5050 grand and every
year. If you finagle your taxesto where you're going to get a
$5,000 refund, we can work itthat way. Right?
Gregory Ricks (07:03):
Legally? Yeah, that's actually on the website.
I just found that how much aneye bonds can I buy for myself?
I've never had that question orthought about it that way. But
that is a neat idea. There thatlike if you want to get some in
well, overpay on your taxreturn. So you can get up to 15.
But it says here in a calendaryear, you can acquire up to
(07:27):
10,000 in electronic high bonds,and Treasury direct. And the
next bullet point up to 5000. Inpaper I bonds using your federal
income tax return the they'vegot three points on that I'll
give to you. Since you'rehanging on with us, the limits
apply separately, meaning youcould acquire up to 15,000 and I
(07:51):
bonds and a calendar year. Bondsyou buy for yourself and bonds
you receive as gifts or viatransfers count towards that
limit. And if a bond istransferred to you, due to the
death of an original owner, thatamount doesn't count towards
your limit. And let's seethere's two others here. If you
(08:13):
own paper bond issued before2008, you can convert it to an
electronic bond in your accountin Treasury direct, regardless
of the amount of that bond, thenyour limit before 2008 was
greater than today's limit of$10,000. And the limits are
applied per social securitynumber of the first person named
(08:37):
as owner of a bond or foreignentity per Employer
Identification Number. See Itold you there is a lot of
information there on that andthat's a big help today dude.
Thank you. Any other questions?
Richard?
Caller (08:53):
No, that's gonna take care of my main question I had
about the maximum so I'll knownow too. I think there's an
extra form we got to fill in todo that right from what I've
read. Is that true?
Gregory Ricks (09:08):
If you're filing your tax return, more so for do
it yourselfers, but Jude saidyou know it's a really easy
number to remember he said it's8888 is the form form 8888 It's
called the allocation of refundincluding savings bond purchases
and part two is kind of the parfor the savings bonds. So once
(09:31):
again, Jude he thanks for thatinformation there as well. So
some more people want might wantto do especially because she can
only do it electronically at maxof 10,000 but you can get
another five max of 5k inthrough a tax refund and come up
(09:52):
with an idea if you wanted toget some in and yet done your
tax return. Send Iris Somanisomething send it back. I don't
know is it kind of late to dothat. But if it's an ongoing
thing, think about it. You wantto say, well, I want to get 5000
and some will make sure I'veoverpaid $5,000. So you can put
that in there. I like that ideafrom that. I just wouldn't do it
(10:15):
too much ahead of time, becausehow much interest do they pay
you on that extra money you givethe IRS?
Jude Heath (10:22):
Not very much, now kind of like shadow IT and it
kind of like zero. It is and tobe specific. But you know, one
of the things we tell ourclients is, is it's good to have
an overpayment.
Gregory Ricks (10:37):
I know you shared with me that a few years back, I
love that idea. Yes, pleasecontinue.
Jude Heath (10:43):
It protects you from little oversights, little,
little mistakes, if you missed a1099, you know, whatever, you'll
get a couple of years later,you'll get a notice saying, Hey,
we matched up and you miss thisdocument. Here's the tax you owe
on it. But we adjusted theoverpayment, so you don't owe
(11:04):
interest in penalty. One of thethings that stings so bad about
the tax code, is when you misssomething, and you get, you get
dinged for the tax, sometimestwo years later, the penalty and
interest can be 50% of theamount of the tax, and that
hurts. And so we encourage ourclients, you know, it's not a
(11:24):
good investment. But it kind ofhelps you just in the event that
it was an oversight, you didn'thave a document, you missed
something.
Gregory Ricks (11:32):
Okay, so you've you've overpaid for that reason,
but at the end of tax time, youget the refund, but that
overpayment still not there isit unless you're just going to
let it carry forward.
Jude Heath (11:45):
Right. So we encourage our clients to not
take the refund within reason,and just roll the reef carry,
they say carry the refundforward to the next year.
Gregory Ricks (11:58):
So then they would pull that forgotten thing
out of that money, at some pointforgotten to reduce your penalty
and interest or anything, arethere still?
Jude Heath (12:11):
That's correct, because they kept them, they
were the holders of the money,you don't get charged penalty
and interest. Wow,
Gregory Ricks (12:21):
I didn't know that.
Jude Heath (12:23):
So that's why we encourage our clients keep a
little in the tank, don't drainit every year old, that's my
refund, and they don't pay meany interest rate, we I want my
money. Okay, that's one way tolook at it. But it is and and
what we what we say is if youcan keep a little small
percentage of, you know, yourtaxes, your taxes every year in
(12:46):
that bank, it just protects you,you know, we're all about paying
the least amount of taxes,penalty and interest included
through the years. And everybodymakes a you know, I left off
this k one, I left off this1099, that sort of thing.
Gregory Ricks (13:03):
I like that idea.
And then the savings bond money,if you're going to try that,
then stack that on top of it.
But you always want to leavesome in the tank because they're
not gonna charge a penalty andinterest. And it's always I
could see it being some simplething you forgot the note, the
tin nut, you know, the 1099 ofinterest from that account that
(13:25):
you haven't touched in a whileis thanks can sneak up like
that. Yeah, I have that fromtime to time. But I like that
idea of keeping leaving some inthe tank. Up and above. I always
owe them some money. But I likedthat carry forward idea. And
that's real helpful on thepenalty and interests kind of
(13:47):
gets waived on that. So onceagain, good idea. And don't
forget if you're doing a taxreturn in the future, and you
won't some of that extra moneyto go to a savings bond that's
form 8888. If you have JudeHeath doing it, you don't have
to worry about remembering thatjust tell him you want some of
(14:08):
that money to go to a savingsbond out there.
Caller (14:12):
Okay, thankyou very much.
Gregory Ricks (14:14):
Awesome. So how did they reach you?
Jude Heath (14:18):
Well, they can call your office, your office calls
my office emails my officethroughout the week. So or my
website is Jay Heath cpa.com. Myoffice number is 504, a three to
1873. We're open eight to fiveevery day you just call us we're
(14:41):
there. We answer questions. Weanswer emails. You got a
question late at night. There'sa there's a service on the
website that accepts yourquestion. Just email us your
question. We'll get it in themorning. We're pretty available.
Gregory Ricks (14:58):
Thanks so much for listening to me. Ask Gregory
where we answer your financialquestions. You can find us
anywhere Podcasts can be foundand on YouTube and Facebook Live
every Saturday from 10 to one,subscribe, leave a review and
tune in next time.
Podcast Intro / Outro (15:15):
Thank you so much to our guests Jude Heath
for joining us on this episodeand don't forget we have a
complimentary download waitingfor you on this topic if you go
to gregoryricks.com/podcast89.
Again that isgregoryricks.com/podcast89.
Disclosure (15:26):
Gregory Ricks & Associates is an independent
financial services firm thatutilizes a variety of investment
and insurance products.
Investment advisory servicesoffered only by duly registered
individuals through AE WealthManagement, LLC (AEWM). AEWM and
Gregory Ricks & Associates arenot affiliated companies.
Gregory Ricks & Associates, TheTotal Wealth Authority is our
trademarked tagline, it does notpromise or guarantee investment
(15:48):
results or preservation ofprincipal nor does it represent
a certain level of skill.
Investing involves risk,including the potential loss of
principal. Any references toprotection, safety or lifetime
income, generally refer to fixedinsurance products, never
securities or investments.
Insurance guarantees are backedby the financial strength and
claims paying abilities of theissuing carrier. This radio show
is intended for informationalpurposes only. It is not
(16:09):
intended to be used as the solebasis for financial decisions,
nor should it be construed asadvice designed to meet the
particular needs of anindividual’s situation. Gregory
Ricks & Associates is notpermitted to offer and no
statement made during this showshall constitute tax or legal
advice. Our firm is notaffiliated with or endorsed by
the U.S. Government or anygovernmental agency. The
information and opinionscontained herein provided by
third parties have been obtainedfrom sources believed to be
(16:30):
reliable, but accuracy andcompleteness cannot be
guaranteed by Gregory Ricks &Associates. Any media logos
and/or trademarks containedherein are the property of their
respective owners and noendorsement by those owners of
Gregory Ricks & Associates isstated or implied Gregory Ricks
& Associates has a strategicpartnership with tax
professionals and attorneys whocan provide tax and/or legal
advice. AEWM, Gregory Ricks &Associates, WJ Blanchard Law,
(16:51):
LLC, J Heath & Co. and MortgageGumbo are not affiliated
companies. This show is a paidplacement.
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