Guest: Chris Whalen, Sr. Managing Director at Kroll Bond Rating Agency
Summary:
Are our institutions rigged? You’ve certainly heard Donald Trump make that claim, and many others too. Andy examines the banking system, and asks Chris Whalen, author of “Fraud, Stability & the Wealth of Nations,” if banks deserve to be trusted. Find out if your hard-earned money is invested with trustworthy banks, and what you should do today if you have any doubts.
SHOW NOTES:
3:01: Is Wall St. Fraudulent?
10:01: What is Systemic Risk?
14:57: Why are Demographics So Important to Investing?
19:26: What Happens if The Fed Raises Interest Rates?
Summary:
Join Kim Butler and Todd Strobel today as they talk about the pros and cons of the 401(h) plan. If you or your family members have considerable or even average amount of medical expenses, and are look for a way to deduct those expenses from their taxable income, this episode is for you!
Always, don’t hesitate to reach out to us at welcome@partners4prosperity.com, with any and all of your questions, comments, and concerns. We’d love to hear from you!
Show notes:
0:00 Intro
0:40 The 401(h) (H as in Henry Plan)
2:59 401(h) and Medical Expenses
4:31 When Would a 401(h) be Useful?
6:09 How Does the Deductible WorK?
6:51 401(h): Taxes and Minimum Age
7:53 Be Grateful!
8:18 Outro