Market Volatility, IRA Rollovers and Inherited IRA Rules | Episode 024
Listen now
Description
In this episode Mark updates listeners on his personal housing situation and discusses the recent challenge accessing his Charles Schwab account amid market volatility and emphasizes the importance of understanding market volatility.  He discusses a recent Wall Street Journal article and Vanguard research highlighting common mistakes that cost retirement savers billions. Mark further explores IRA rollover rules under the SECURE Act and clarifies the complexities around required minimum distributions for inherited IRAs. Episode Links: Mark’s Money Mind YouTube Channel The Simple Path to Wealth by JL Collins A Guided Meditation for When the Stock Market Is Dropping The 401(k) Rollover Mistake That Costs Retirement Savers Billions Improving Retirement Outcomes by Default: The Case for an IRA QDIA Untangling the IRS’s New Finalized (and Proposed) Regulation on RMDs: The 10-Year Rule, Trust Beneficiaries, Spousal Beneficiaries, Annuities, and More! Timestamps: 00:27 House Sale and Relocation Update 03:20 Preparing for an International Trip 04:46 Recent Market Volatility and What to Do 07:08 401k Rollover Mistakes 17:35 Understanding Inherited IRA Rules 31:16 Wrapping It Up _______________ As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.
More Episodes
In this episode Mark broadcasts from the cruise ship Silver Nova off the coast of Australia.  Mark addresses the critical steps to take if you or someone you know is laid off. Topics include understanding severance packages, health insurance options like COBRA, applying for unemployment...
Published 11/20/24
This episode takes place at the FI Freedom Retreat in Bali, Indonesia. Speakers Alan & Katie Donegan and Rachel Richards (Money Honey Rachel) share insights aligning personal identity with life vision.  Discussions include the impact of self-perception on achieving goals, the benefits of...
Published 11/09/24
Published 11/09/24