You can find the links and resources for this episode on our website here: ------ Want a complimentary copy of our latest book, Your Business Your Wealth? All you have to do is review our podcast (on Apple Podcast / Spotify / Stitcher), then email us a screenshot of your review to info@sfgwa.com and we'll mail you a copy of our latest book. This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation. Sound Financial LLC dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial LLC dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions. This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial LLC dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results....(read more)
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Investing in #245: I Bonds As an investor, it's difficult to find a low-risk, high-yield investment. In this regard, #245: I bonds are a great option. These bonds are issued by the U.S. Treasury and carry a fixed interest rate for the life of the bond. They are also inflation-protected, meaning the rate adjusts according to changes in the Consumer Price Index. This means that your investment is essentially protected against inflation. One of the best things about I bonds is that they are backed by the U.S. government, making them one of the safest investments you can make. They are also non-callable, meaning they cannot be redeemed before maturity, ensuring that you will continue to earn interest for the duration of the bond. Inherited IRA Rules Inherited IRAs can be a great way to continue to grow wealth for future generations. However, there are some rules that you should be aware of when you are considering an inherited IRA. First and foremost, the beneficiary of the IRA must take their first distribution by December 31st of the year following the death of the original owner. Subsequent distributions must also be taken annually, but the amount can vary depending on the beneficiary's age and the value of the IRA. Another important thing to note is that if there are multiple beneficiaries of an inherited IRA, the distribution must be split evenly among them, unless otherwise specified in the original owner's will or trust document. Surviving the Lottery Winning the lottery is a dream come true for many people. However, to truly make the most of your winnings, you need to manage your money wisely. Here are a few tips for surviving the lottery: 1. Seek professional advice: The first thing you should do after winning the lottery is consult with a financial advisor. They can help you develop a plan for managing your money and ensure that you don't overspend or make unwise investments. 2. Set a budget: It's important to set a realistic budget for your winnings. This will ensure that you don't overspend your money on frivolous purchases, and that you'll have enough money to last you for many years to come. 3. Don't neglect taxes: It's important to remember that lottery winnings are subject to federal and state taxes. Make sure to set aside enough money to pay your taxes, or you may find yourself in financially hot water. Winning the lottery can be life-changing, but it's important to remember that with great wealth comes great responsibility. With careful planning and wise investments, you can survive the lottery and live life to the fullest. https://inflationprotection.org/245-i-bonds-inherited-ira-rules-surviving-the-lottery/?feed_id=78779&_unique_id=64139c3a23c20 #Inflation #Retirement #GoldIRA #Wealth #Investing #Bonds #financialadvisor #financialeducation #financialnews #financialpodcast #inheritedira #lottery #Podcast #Retirement #retirementplanning #seattleadvisor #soundfinancialgroup #stockmarket #Stocks #InheritedIRA #Bonds #financialadvisor #financialeducation #financialnews #financialpodcast #inheritedira #lottery #Podcast #Retirement #retirementplanning #seattleadvisor #soundfinancialgroup #stockmarket #Stocks
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