01.25.23 Ending Nonsensical Noncompete Clauses / New Retirement Account Rules

Clark has long despised noncompete clauses for workers. There’s finally a new proposal to do away with them from the FTC. Clark is on board and has some advice for job seekers. Also, there are new rules for IRAs and 401(k)s. Clark clarifies new & forthcoming options. 

• Covenants Not To Compete: Segment 1
• Ask Clark: Segment 2
• New Retirement Account Rules: Segment 3
• Ask Clark: Segment 4

Mentioned on the show:

• FTC says proposed ban of noncompete clauses would strengthen workers' hand
• Home equity loans & lines of credit: 7 common questions answered
• What Is a Secured Credit Card and How Does It Work?
• CNET: Your IRA and 401(k) Are Changing in 2023: New Rules for Retirement Accounts
• Required Minimum Distributions: How To Calculate, Rules
• Tesla deliveries miss estimates due to logistical issues, slowing demand
• How to Make a Disposable Razor Last 12 Months

Clark.com resources

• Episode transcripts
• Clark.com daily money newsletter
• Consumer Action Center Free Helpline: 636-492-5275

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