It's been a long time since we've seen inflation-adjusted interest rates above zero Since the Fed began hiking interest rates investors can once again earn attractive returns on cash But as Peter with Richon Planning explains to Erin Kennedy you may be earning less money than you think after accounting for inflation and taxes Instead of socking your money away in CDs treasuries or Money Market accounts Peter suggests you consider Buffered ETFs which can offer full principal protection Also unlike cash and cash alternatives Buffered ETFs don't generate taxable interest Instead you get much more favorable capital gains treatment [... more]

Hunter Biden refused to be deposed by Congress after being subpoenaed by the House Oversight Committee Also the House will meet to formalize an impeachment inquiry into President Biden Will the investigations into Hunter's questionable overseas business dealings and neglecting to pay taxes finally catch up with him What will be the outcome of the impeachment inquiry The Sekulow team discusses the Biden family scandals the ACLJ's support of the PRAISE Act and much more [... more]

We talk a lot about the benefits of Roth accounts A Roth IRA allows you to save for retirement with after-tax dollars That means you pay taxes on your contributions now but your withdrawals are tax free in retirement There are also several benefits to inheriting a Roth IRA as Peter with Richon Planning explains to Erin Kennedy the distributions are tax-free and they won't affect your taxable income However with a few exceptions you'll still have to drain the inherited account within years If you are inheriting a Roth IRA here's a quick action plan Understand your beneficiary type [... more]

If you have school-age children you know that we rsquo ve entered one of the busiest shopping seasons of the year because it rsquo s time to get your back-to-school shopping done On today's Faith amp Finance Live host Rob West will explain how you can gear up to send your kids back to school without going into debt Then Rob will answer your calls on various financial topics See omnystudio com listener for privacy information [... more]

Hunter's Woes Continue Hunter Biden's public embarrassment continues Last week Hunter Biden's plea deal catastrophically fell apart while in court before U S District Judge Maryellen Noreika The judge didn't approve the blanket immunity that Hunter would receive as a result of the plea deal Now the documents from the plea deal have been released to the public detailing the chief contributing factors to his failure to pay taxes and illegally owning a handgun Such recklessness left Hunter cash poor Will the Deep State continue to cover up Hunter's misconduct The Sekulow team discusses Hunter's failed plea deal including the [... more]

In an attempt to trap Jesus His enemies asked Him whether it was right to pay taxes to the emperor Continuing his expositional series in the gospel of Luke today R C Sproul explains what Christ's famous response teaches us about our responsibility before God and human government Get R C Sproul's Expositional Commentary on the Gospel of Luke for Your Gift of Any Amount https gift renewingyourmind org luke-commentary Don't forget to make RenewingYourMind org your home for daily in-depth Bible study and Christian resources [... more]

Have you ever wondered if the Social Security system will run out of money before you retire Or if claiming benefits as soon as you're eligible is the best decision for your financial future In this episode we'll be debunking common myths about Social Security and answering the questions you've been curious about Social Security will be one of the biggest sources of retirement income for most Americans and you need to be aware of these myths before filing for your benefits Most of the time once that decision is made you can't reverse it So let's make sure you're [... more]

There may never be a better time to open a Roth account Roth IRAs offer tax-free earnings growth and as Peter with Richon Planning explains to Erin Kennedy there are clear-cut reasons you should consider investing in a Roth today Today's Historically Low Tax Rate the Tax Cuts and Jobs Act which reduced federal income tax rates is set to sunset in Your Depreciated Portfolio pay taxes on a smaller value now then allow that future growth to happen tax free Possible Elimination of Backdoor Roths the Build Back Better Act proposed ending Backdoor Roths the loophole dodged the axe [... more]

The problem with most retirement plans is that eventually you have to pay taxes on your distributions right Or is there a way you can avoid paying those taxes On today's Faith amp Finance Live host Rob West will explain how you can skip the tax payments and greatly increase your giving to God's kingdom at the same time Then he'll answer calls on various financial topics See omnystudio com listener for privacy information [... more]

The government is encroaching on the Christian freedoms our country once had favoring various political agendas which run contrary to God's Word In this message about Jesus' view of Caesar we acknowledge three duties we owe government taxes submission and prayer When a country opposes the cross of Christ what should believers do This month's special offer is available for a donation of any amount Get yours at https www rtwoffer com or call us at - - - [... more]

Hans and Robby are back again this week with a brand new episode So you're retired you've saved your money over the years now what do you do with it Hans and Robby are here to help you Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

There are some IRAs that allow you to take out money tax-free while others make you pay taxes when you make withdrawals Hans goes over why you should consider looking into the tax-free IRAs and how they could help your family Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

Is it right for Christians to pay taxes to wicked rulers Continuing his sermon series in the book of Mark today R C Sproul unfolds Jesus' teaching about the responsibilities we have toward the state Get R C Sproul's Expositional Commentary on the Gospel of Mark for Your Gift of Any Amount https gift renewingyourmind org mark-expositional-commentary Don't forget to make RenewingYourMind org your home for daily in-depth Bible study and Christian resources [... more]

Does God command believers to pay taxes When the Pharisees cornered Jesus with this thorny question did He side with the government Learn from Christ's masterful response when you listen to Truth For Life with Alistair Begg Listen [... more]

This week Hans and Robby discuss plans coming together specifically how having a plan for your income in retirement can reduce the tax you pay on your Social Security benefit While only states charge income tax on Social Security the federal government will charge everyone who falls into their set threshold Hans goes over these thresholds If all you have to live off of is Social Security you won't pay taxes It is when you throw other income in there that it can be complicated Don't forget to get your copy of The Complete Cardinal Guide to Planning for and [... more]

When you retire your life goes through a huge season of change especially when it comes to your finances The recently passed Secure Act adjusted how this season can go for you and your income The most notable adjustment comes to RMDs or Required Minimum Distributions for IRAs and k s The required start age for these has now been pushed back to from While this could be considered a tax break by some it is really important to look at this from a larger standpoint including how you want to pay taxes and leave money for your family Hans [... more]

Everyone's IRA is different but yet they are still taking advice and facts from their friends and family Hans and Robby address this issue as well as all the options you have for making the most of your IRA by lowering your taxable income not receiving penalties and handling required minimum distributions First up is penalties for required minimum distributions Some people have this idea that they never want to pay taxes so they are not going to touch their IRA This is a mistake as not taking out distributions after is going to land you with a huge penalty [... more]

Isaiah - says the seven anointings of the Holy Spirit are wisdom understanding council might knowledge fear of the Lord delight in the fear of the Lord Robbie believes Hans reflects these virtues through his dedication to advising his clients well by staying up-to-date on the retirement industry and adhering to Christian standards This week Hans and Robbie want to keep listeners up-to-date with the SECURE Act and how it will change taxes in retirement Before continuing Hans asks listeners to take a moment and pray for Tom Griffith one of Cardinal's advisors and a regular guest on the show [... more]

N C policymakers recently learned that state government ended its last budget year in June with a revenue surplus of nearly million Meanwhile Gov Roy Cooper wants the state to borrow more money as it increases spending in the new budget year and beyond Joseph Coletti John Locke Foundation senior fellow places those facts in the broader context of North Carolina's fiscal picture State Treasurer Dale Folwell has seen pushback from large medical providers as he has proceeded with his Clear Pricing Project for the State Health Plan It serves government workers and retirees Folwell discusses the project and explains [... more]

In Mathew Jesus confronted the Pharisees and Sadducees when they tried to test Him saying that they knew how to interpret a red sky but couldn't interpret the signs of the times This week Hans and Robby talk about the fear and confusion of retirement taxes People tend to worry when their tax return is smaller than expected while in reality this is no cause for fear because the tax rates holistically have gone down It's important to know the difference between retirement policy and politics so you can plan financially and live well Hans recently participated in a webinar [... more]

In Matthew Jesus gives His sermon on the mount and asks His followers not to worry as their faith will replace their fear Social Security strikes fear in many people especially regarding how long it will be around This week Hans and Robby discuss how to apply faith or in this case fact to Social Security in order to alleviate fears and maximize your benefit The Social Security Trustees Report was recently released While this report is very long Hans summarizes it basically saying that the Social Security fund was increased by millions of dollars this year they did not [... more]

In Luke Jesus praises the shrewd manager who stole from his boss He says I tell you use worldly wealth to gain friends for yourselves so that when it is gone you will be welcomed into eternal dwellings Many people tend to waste their wealth by not dealing shrewdly Hans and Robby discuss how to apply these principles to income taxes especially in retirement Paying more taxes than you should because you have not planned correctly can be wasteful You should not cheat on your taxes but with proper planning you can make sure you don't pay more than you [... more]

Proverbs says Hope deferred makes the heart sick but a longing fulfilled is a tree of life With IRA's or individual retirement accounts hope or money deferred allows your longings to be fulfilled when you retire These hopes include a comfortable retirement with travel and fun and providing for your family Robby talks about how his dad wanted to go to Hawaii with his wife but after she passed he instead got to go with his children This was his hope deferred One thing most people where not hoping for is paying taxes on the money in their IRA but [... more]

Eclesiastes says And though a man might prevail against one who is alone two will withstand him a threefold cord is not quickly broken Robby points out that it is fascinating how many things in our life come in threes and that would really be inspiring if we truly understood the threes Hans goes over the traditional three legged stool of retirement income that was originally created in the 's Now the leg that represented pensions is being replaced by defined contributions such as IRAs and k s What happens when this leg is weak Retirees now have a balance [... more]

We have been doing Finishing Well for a year Thanks for joining us on this journey This week Hans and Robby discuss IRA's The original idea behind money is that it is supposed to serve as a servant for your family and for the kingdom is your money doing this We can show love through our money Just like in Matthew God will reward those who bring back more and chastise those who dig a hole in the ground and hide their money IRAs were not created to accumulate money and leave it all to your children They were created [... more]

It is Finishing Well s first LIVE show This week Hans and Robby visited Peace Church in Durham NC to discuss IRAs and go more into depth about Qualified Charitable Distributions Robby discusses Matthew the parable of the day laborer The story is basically that a landowner whent to hire workers in the morning for his vineyard and offered them to pay thema denarius for the day hours later he got another group to come to work and then he got another group with one hour left hre brought another group At the end of the day everyone got a [... more]