Retirement Starts Today Radio

Do you have gold as a part of your investment portfolio? Several years ago there were loads of infomercials about investing in gold, but after today’s retirement headline you may want to think twice about complicated investment strategies. Don’t miss out on this real-world cautionary tale which provides an example of how and why owners of IRAs with assets invested in nontraditional means need to follow strict guidelines. Press play to listen. Outline of This Episode [2:32] Don’t make this $300,000 tax mistake [5:25] You don’t have to invest your IRAs in stocks and bonds [12:40] You don’t need complexity to have great retirement investments [13:50] When the first RMD is taken from an IRA is the money considered earned income? [16:08] Does the custodian of an IRA pay taxes directly before distribution of the money? Are you signed up for the Every Day Is Saturday newsletter? If you have been wondering how you can submit your own listener question, make sure to head on over to my website RetirementStartsTodayRa