The Stacking Benjamins Show

There’s another lawsuit brewing in the world of retirement planning. This time, participants in a 401(k) plan in California are raising concerns about how Qualcomm is handling the money forfeited when employees don’t complete their vesting schedules.Vesting schedule? What’s that all about?Today, we'll break down everything you need to know about vesting schedules, so you can navigate your job benefits with confidence. Whether you’re dealing with a vesting cliff or a staggered vesting schedule, we’ve got you covered. We’ll explain how they work, the taxes involved, how to plan around them, and how to think about any money that isn’t fully yours yet. Plus, for business owners, we'll discuss how to balance keeping talent with implementing vesting schedules. Get ready for a fun and informative session on one of the trickier aspects of financial planning!In our TikTok minute, we’re sharing a clip from Fox News where a contributor predicts what will happen to the stock market if Trump is convicted after his recent trial. Spoiler: He was convicted. Let’s see if his prediction came true and how it might impact your money.We also have a note from a fellow Stacker who thought, "I better call Saul...Sehy & OG." He’s worried about contributing to a Roth IRA because his income is too high. We’ll discuss strategies like backdoor Roth contributions, Roth 401(k) plans, and some of the tricky rules around Roth IRA conversions that can trip people up.And of course, we’ll share a fun trivia question from Doug, sit on the back porch, and so much more!FULL SHOW NOTES: https://stackingbenjamins.com/all-about-vesting-1530For deeper dives with curated links, topics, and discussions, check out our newsletter, The 201, at https://www.stackingbenjamins.com/201Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

An expert in banking history Paolo Zannoni joins in to discuss the fallout from the FinTech disaster. They cover the relationship between banks, credit creation, minting money, and the long-standing collaboration between banks and governments. The episode also includes insights on helping a daughter set savings goals and explores historical banking ties to warfare and banking evolution from Pisa to Venice.

Why aren't all big-money ballers able to pile up massive stacks of Benjamins? How come some average Joe earners can build significant wealth? On today's special roundtable episode, we dive into a blog post listing the top six reasons people who make big money can't save. One of the Top 100-rated financial planners by Investopedia in 2023, Elaine King, joined us. She's not alone, though. We also feature the creator of the award-winning blog Afford Anything, Paula Pant, and our own resident CFP, OG.In the second half of the conversation, sponsored by DepositAccounts.com, we'll explore the actual benefits of relocating to save money.Stick around for our year-long trivia competition inspired by our special guest, Elaine King's, home country of Peru.FULL SHOW NOTES: https://stackingbenjamins.com/top-six-reasons-youre-not-rich-1528Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sam Altman, CEO of Open AI, reveals insights on personal financial boards. Should we embrace hostile advice? How do board relationships really work? TikTok minute on taxes. Trivia and listener questions included. Deeper dives in newsletter.

How much of your life is controlled by programming? If you're looking to make more money you have to look at what's blocking you today and transform yourself into an earning machine. It turns out that the key to earning more is right between your ears. Brandon Epstein works with top professionals (athletes, CEOs, entrepreneurs, and high-level executives) to help them achieve even more. You've heard us say many times that great people surround themselves with amazing individuals. Brandon IS that maker of amazing talent. He doesn't create talent. He teaches you how to tap the talent you know is waiting to be deployed. We'll talk about mental blocks, societal programming, identifying those blocks, and how to break free of them on today's podcast.But before that we ask the question, can you trust online reviews? We not only walk through how many of your favorite sites are manipulating their review systems, but we also give you a better method to find and keep talented people around you (or amazing companies that you should work with). We also take a call from a Stacker who wonders how to invest money she's rolled over into her IRA, AND we dive deep on Doug's incredible trivia question.FULL SHOW NOTES: https://stackingbenjamins.com/break-through-mental-blocks-achieve-success-1526Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Award-winning author Erin Skye Kelly and financial experts discuss finding a balance between financial prowess and contentment. They explore managing money stress, focusing on savings, and making money a fun topic. The episode also includes trivia on Benjamin stack height.

Today high yield bonds are in the spotlight. A recent Wall Street Journal piece details how you can get eight percent currently in the bond market (which is a rate most stock investors would be happy to lock in). Why may this NOT be a good deal? Well, first you have to understand how bonds work. So, we'll explain that. Second, you'll have to understand the difference between buying a bond fund and a single bond. So, we'll also explain that. Third, we'll have to explain how many investors lose money because they don't understand concepts such as "risk premium." So, happy, we'll show you what that means. It's all things bonds on today's show!But that's not all. Stacker Tom asked a GREAT question in the Stacking Benjamins basement the other day, because it's SUPER complicated. He asks about IRMMA, RMDs, and Medicare. Huh? We LOVE this question because it shows the depth of knowledge you'll need to have to get everything right...but also shows you how you do NOT need to know everything today/right now/immediately. We'll explain all of these terms on today's show (and also illuminate how frustrating the world of financial terms can be during our TikTok minute).FULL SHOW NOTES: https://stackingbenjamins.com/bonds-hidden-risks-1524Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Financial expert Brian Preston discusses becoming a 'financial mutant' for long-term goals. AI-driven stock portfolios and trivia are covered. The importance of mentorship, wealth-building strategies, and investing early is highlighted. The power of compounding interest and navigating investment options are explained. Listener interactions, college funding options, and a summer giveaway are also featured.

Financial experts Paula Pant, Andrew Giancola, and Doc G discuss the role of debt in financial planning, sharing insights on leveraging debt for investments, maintaining emergency funds, and viewing debt as a positive tool for motivation and productivity. The conversation also includes humorous anecdotes, trivia on debt, and perspectives on personal and national debt levels.

Discussion about changing dining habits based on income levels, cost-cutting strategies for restaurant spending, tips on navigating tipping norms. Insights on renters and homeowners insurance, along with advice on maximizing earnings from gig economy jobs. Humorous anecdotes on inventions and financial wisdom shared throughout the show.