62 episodes

Your Money Show covers all things money related, from financial issues in the news to managing your money. Retirement planning is something we all need to have on our radar screen. Host, Brett Goldstein keeps it topical and fun. Your Money Show is must hear radio if you care about your money.

Your Money Show – Brett Goldstein Web Talk Radio

    • Business

Your Money Show covers all things money related, from financial issues in the news to managing your money. Retirement planning is something we all need to have on our radar screen. Host, Brett Goldstein keeps it topical and fun. Your Money Show is must hear radio if you care about your money.

    Your Money Show – Protecting Your Business with Seth Rosner

    Your Money Show – Protecting Your Business with Seth Rosner

    Yourmoneyshow talked with Seth Rosner about protecting your business.  Seth's new book is full of great tips on how to protect your business.  One tip we talked about was why you should never have a home based business.  Seth says that your homeowners policy will not cover you if a client comes to your home office and slips.

    Seth's other tips include when and when not to use a "Doing Business As."  Also if you own rental property, we discussed why you should not own your rental property personally.

    His book has other great tips that business owners need to think about in order to protect themselves. Download Seth's book Now.

    • 1 hr 4 min
    Your Money Show – Custody Battle Over Your 401k

    Your Money Show – Custody Battle Over Your 401k

    Yourmoneyshow talked about an employee who worked for the ABC Company and got fired in 2013. By July 2014, the employee rolls over his 401k into his IRA. By August of 2014 employee commits suicide.

    In March of 2015, ex-wife sends letter asking for her share of the 401k. Her request is denied as no Qualified Domestic Relations Order (QDRO) is received. In June of 2015, the ex-wife sends another letter to ABC Company.  The letter states that at the time the employee rolled his money over to an IRA, he was legally divorced and the ex-wife is threatening to sue as she didn’t get her share of her ex-husband’s 401k.

    As a business owner or HR manager what would you do in this situation?

    What if the ex-wife threaten to sue you because you did not freeze or prevent the participant from withdrawing the funds.  What would you do?

    These type of situations are just some of the issues that should be documented.  Unfortunately 99% of retirement plans don't have any documents that cover these types of situations. There is very little regulation in the area of QDROs.  With little regulation, the courts look to see whether a retirement plan has written procedures in place to handle disputes between the plan and participants or alternate payees.

    With the number of divorces on the rise, it is in your best interest to have a comprehensive procedures in place to handle divorce situations.


    We also talked about how to handle an employee with bad body odor.  Tread lightly depending on what you say, that employee might be covered by the American Disability Act.  Yes BO could be considered a disability.

    • 1 hr 2 min
    Your Money Show – How To Make $110 per day, the Latest Hospital Scams, and an Interview with President Reagan

    Your Money Show – How To Make $110 per day, the Latest Hospital Scams, and an Interview with President Reagan

    Yourmoneyshow talks about the latest hospital scam.  One hospital in NY is sending out invoices for medical bills that have been unpaid for more than 3 years.  This Long Island, NY hospital sent out a bill stating that the insurance failed to pay the bill and that the patient is responsible for paying the bill.  However many states have laws that requires Doctors and Hospitals to remit medical bills within 3-6 months of the date of service.  New York for example, requires that bills get submitted within 120 days.  California requires the bill to be submitted between 90-180 days.  Thus before you pay an old medical bill, check with your insurance carrier and ask them about the old bills.  If the Doctor didn’t submit the bill withing the time period, they cant collect unless they successfully appeal it.  Thus it’s their responsibility for old bills not yours.

    Also on the show today was How To Make $110 per day.  The Affordable Care Act now requires that every company that offers health insurance to their employees must provide a summary of the health benefits.  The summary that the insurance companies provide is not sufficient to qualify as a summary; a special document is needed that summarizes all of the medical benefits.  Its call a Wrap Summary Plan Description (SPD) and almost no business owner has one.  The penalty for not providing one is $110 per day per person.  Thus in a small business of 10 employees, failure to provide a WRAP SPD for 1 year could cost $401,500 in fines.  Small business owners need to protect themselves from litigious employees.  Contact The Pension Department Inc for a wrap plan and protect yourself today.  http://www.thepensiondepartment.com/contact/

    Finally Yourmoneyshow called Dr Rob and had him channel President Ronald Reagan.  The ghost of President Regan had some very interesting things to say about the economy.  Listen to the show to show to hear what he has to say about the next depression and what he would do be doing now.

    • 1 hr 1 min
    Your Money Show – Identity Theft

    Your Money Show – Identity Theft

    Yourmoneyshow.com talked about the dangers of Identity Theft.  13.1 million people were affected by identity theft in 2013.  The total cost was 18 billion dollars in damages.  Medical identity theft is also a big problem with 1.8 million people had their medical info stolen; which cost 12.3 billion.
    Last but not least was tax return theft, where fraudsters take your tax refunds by filing fake returns. The IRS has paid out 5.2  billion dollars in refunds to scammers. 
     
    How do you prevent it? Here are some tips. Don't store information on your computer, use a service like Dropbox or other cloud based service.  Shred all of your personal information with a cross cut shredder.  Also don't give out personal info like to charity fundraisers as they may be phishing. 
      
    Our guest was Doug Crowe who spoke about becoming an expert in your field and becoming a celebrity.  Doug gave a really great tip on hi-jacking a news story.  His advice is to use the news that people are already searching for and insert yourself into that story.  Maybe you have a comment on something that is going on in the news.  Or as Doug suggests, create a human interest story where you are the hero.  Doug came up with a really great idea for Dr Lego.  Doug's idea was to find a school that did not have computers for the kids and have Dr Lego donate the computers or teach the kids how to fix computers or how to program.
     
    Great tips and ideas for your business to get recognized or to raise money for your favorite charity.  

    • 55 min
    Your Money Show – Make BIG MONEY in the World of Professional Speaking

    Your Money Show – Make BIG MONEY in the World of Professional Speaking

    Our guest Tim David speaks about using your knowledge and skills to make money as a professional speaker. Most people are missing out on big money that they don't even realize they're missing out on in the speaking industry.  Tim talks about all of the questions you are asking right now like how do I get started? How much should I charge?  Who should I market myself to? What should my topic(s) be?  
     
    To learn more about how to cash in on the Speaking Profession check out his Free Videos.  
    http://www.getspeakinggigs.com/brett.html

     

    • 59 min
    Your Money Show – The Moses of Wall Street

    Your Money Show – The Moses of Wall Street

    Yourmoneyshow.com  Talked with Ron Tank, The Moses of Wall Street.  Ron Tank, an ordained Baptist Deacon and a Sunday School Teacher first gained national attention and recognition when he was profiled with his brother in Investor’s Business Daily after submitting his astounding 5,000% gains.  These were “real-world” returns verified by Investor’s Business Daily.

    Now he is the author of the book, The Moses of Wall Street.  In the book he describes how he started investing with only a few thousand dollars, turned it into millions, only to almost lose it all. Then right in the bible, hidden in plain sight, he found what he calls the “Decision-Maker DNA™.”

    For the past twenty years he has been earning his living solely by investing in the stock market, using the strategies he outlines in his book The Moses of Wall Street.

    Ron says that it doesn’t matter whether you are new to investing and have a few thousand dollars or you have decades of experience and many millions to invest, you’ll be surprised at how his Triple Tank System works and how easy it is.

    We also talked about divorces and who gets custody of your 401k.

     

    • 52 min

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