More Than Money with Gene Dickison

Gene and Alyssa answer tons of listener questions:

• Helping his daughter with her first house.  Why does the bank want a ‘gift letter’?
• Do we have to take RMDs from our inherited IRA or not?
• He’s seeing a big capital gain this year.  Will it affect his IRMAA and Medicare premiums?
• They are cashing in stocks to buy their beach home.  Can they cut their taxes somehow?
• Lots more . . .

Free Se...

Gene and Alyssa answer tons of listener questions:

• How best to donate using a Charitable Trust or Donor Advised Fund?
• Can he move money from his IRA to his grandchildren’s 529 plans without paying taxes?
• He’s 70 and thinking he would like to invest in stocks.  Good idea?
• He is using his home for an AirBnB and his mortgage company is unhappy.  What can he do?
• Lots more . . .

Free Second Opinion...

Gene and Alyssa answer tons of listener questions:

• He and his family invested in an actual oil well.  What are the prospects?
• She has an old 401(k) and a new 401(k) should she roll the old one into the new one?
• What are the penalties for not signing up for Medicare when she turns 65?
• Mom titled her house in the kids’ names, kept a life estate, and passed away.  Taxes?
• Lots more . . .

Free Seco...

Gene and Alyssa answer tons of listener questions:

• His wife signed up for Medicare and it messed up her HSA.  Can that be fixed?
• Everyone tells her she should convert her IRA to a Roth.  True or false?  (Spoiler alert – for her, false!)
• Should the lawyer be responsible to penalties on the estate tax?
• Father-in-law has been living with them for two years.  Should he be helping with the expenses?
...

Gene and Alyssa answer tons of listener questions:

• He wants to know if ‘digital currency’ is a done deal?
• Should he borrow against his stock portfolio with a margin loan?
• Her mom is executrix for a New Mexico estate, but has dementia.  What happens now?
• There isn’t enough money in mom’s estate for all her bequests.  What can he as executor do?
• Lots more . . .

Free Second Opinion Meetings

Gene and Alyssa answer tons of listener questions:

• She got a letter from TIAA-CREF that her information was hacked.  What should she do?
• Should he name his daughter his power of attorney or is there a better way?
• She’s been waiting for her inheritance for two years.  Should she consult an attorney?
• They don’t live close to the MtM World Headquarters.  Can they still be clients?
• Lots more . . .

Gene and Alyssa answer tons of listener questions:

• Are ‘brokered CDs’ a good idea?
• How do the inherited IRA rules work with a Roth IRA?
• Is using a ‘hybrid’ life insurance policy to cover long term care expenses a good idea?
• Can they confidently retire at age 60?
• Lots more . . .

Free Second Opinion Meetings

• Do you have questions about your financial situation?
• Are you on track to reach your fi...

Gene and Alyssa answer tons of listener questions:

• Should dad pay the interest on daughter’s student loans from his 529 plan?
• His high-paying job is killing him.  Can she afford to shift to a less stressful job?
• How can she best help her child buy-out their divorcing spouse?
• She is 80 and wants to consolidate her accounts.  Will that help her sons?
• Lots more . . .

Free Second Opinion Meetings

Gene and Alyssa answer tons of listener questions:

• His 401(k) has been ‘kicked around’ to 4 different investment groups.  He wants out!
• What RMD must they take from her inherited IRA this year?
• He wants to know why life insurance is being sold to people who don’t need it?
• She wants to know how to invest in the stock market without high anxiety?
• Lots more . . .

Free Second Opinion Meetings

• D...

Gene and Alyssa answer tons of listener questions:

• He wants to transition to part-time at age 65, but his wife wants him to keep working full-time.  What to do?
• They want to know if charitable gift annuities are a good idea?
• A thief stole her checks from her mail box and drained her account.  And he didn’t need a computer to do it.
• First ‘advisor’ wanted to sell him an annuity (while making a $40,000 commissio...

Gene and Alyssa answer tons of listener questions:

• He has an account in his own name.  Should he name his wife a joint owner or beneficiary?
• Why does his financial advisor want to know so much about his life?
• The insurance salesman took her pension and earned huge commissions.  What is her recourse?
• He got out of the stock market last September and is in money markets.  When should he get back in?
...

Gene and Alyssa answer tons of listener questions:

• Gene gets really snarky with people expecting taxpayers to pay off their student loans.  He has a better idea!
• How does he determine if he should reduce or eliminate his life insurance coverage?
• What is the best way for her to help her children buy their first house?
• If he leaves his IRA and Roth IRAs to his wife are they treated as inherited IRAs?
• Lots mor...

Gene and Alyssa answer tons of listener questions:

• They are giving their granddaughter $100,000.  Is a beach house a good investment for her?
• What level of gifts can her 93 year old mother give her without incurring income taxes?
• How do she know how to compare her passive investments with her active investments?
• His retirement spreadsheet has many assumptions built in.  How does he know which ones are wro...

Gene and Jon Weimer answer tons of listener questions:

• At his age of 70 does it still make sense to convert his 401(k)s to a Roth IRA?
• How does he choose from a lump sum or monthly payments from his pension?
• What are the right steps to take when parents want to help their kids buy their first home?
• The markets are up significantly this year.  Is the talk of recession behind us?
• Lots more . . .

Free...

Gene and Alyssa answer tons of listener questions:

• She asks how to move her RMD to her church without paying income taxes?
• Should he cash in his CD for higher interest rates?
• She has detailed ‘second opinion’ questions about her investments?
• Gene and Alyssa create a list of ‘red flags’ you should look for when dealing with a financial advisor?
• Lots more . . .

Free Second Opinion Meetings

• Do you ...

Gene and Alyssa answer tons of listener questions:

• His advisor says only preferred stocks pay dividends  Is that true?
• Comparing ‘robo-advisors’ to call-center advisors?
• She asks if she can use her RMD funds to start up a consulting business?
• She lives in NYC.  How does she find a trusted financial advisor?
• Lots more . . .

Free Second Opinion Meetings

• Do you have questions about your f...

Gene and Alyssa answer tons of listener questions:

• How does a young couple get financially ready to start their family?
• Should she cash out her IRA, pay the taxes, so she can invest in a CD?
• She is recently widowed and needs a financial advisor.  What questions should she ask?
• They both have 401(k)s at the same company that are not performing well.  What can they do?
• Lots more . . .

Free Secon...

Gene and Alyssa answer tons of listener questions:

• Is it possible his tax preparer got it wrong?
• When he moves south should he rent his house or sell it?
• Should she use her inheritance to fix the house or give it to her stepsons?
• What are the basics of structured notes?
• Lots more . . .

Free Second Opinion Meetings

• Do you have questions about your financial situation?
• Are you on track to reach...

Gene and Alyssa answer tons of listener questions:

• Is home title insurance worth the money?
• Is settling her estate going to be hard because her kids are in seven (7) states?
• What tax challenges does he face after buying his neighbors home?
• He and his wife are fighting over the cost of a destination wedding.  Who’s right?
• Lots more . . .

Free Second Opinion Meetings

• Do you have questions abo...