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What is a Before and After Comparison? (And Why You Might Need One)

Season 1 Episode 87

The Before and After Comparison is an indispensable part of the financial planning process and you can get help with yours over at davidmcknight.com.…

5 years, 9 months ago

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Will Taxing the Rich Alone Solve Our Fiscal Challenges?

Season 1 Episode 86

Every once in a while the idea of fixing all our fiscal problems by taxing the top 1% of the population is proposed, but it's time to do the math and…

5 years, 9 months ago

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My Family's Escape from Puerto Rico Following Hurricane Maria (and Financial Lessons Learned)

Season 1 Episode 85

David moved his family to Puerto Rico about three years ago and within six weeks of arriving they experienced something that completely changed their…

5 years, 9 months ago

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Anticipating an Inheritance? Here's How to Plan for Tax Efficiency

Season 1 Episode 84

Not everybody is going to get an inheritance but there are some very important strategies you can implement to minimize your taxes if you are going t…

5 years, 9 months ago

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What Is the Coronavirus-Related Distribution (CRD) Roth Conversion Loophole (And Should You Do It?)

Season 1 Episode 83

A Coronavirus-Related Distribution (CRD) is any distribution by a person diagnosed with Covid-19, this can also include a spouse or dependent. Altern…

5 years, 9 months ago

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What Happens if the U.S. Defaults on Its Debt?

Season 1 Episode 82

The US is very likely to default on its debt at some in the future, but we're just not sure exactly when. What we do know is that the sooner it happe…

5 years, 10 months ago

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How to Turn the 2020 Waived RMD In Your Favor

Season 1 Episode 81

The federal government has waived the Required Minimum Distributions for 2020. There are 20% of Americans who don't spend their RMD's which means tha…

5 years, 10 months ago

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The Morality of the 0% Tax Bracket

Season 1 Episode 80

Can you be in the 0% tax bracket and still be a good citizen?' is a common question that David gets fairly frequently.

David relates an exchange he h…

5 years, 10 months ago

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How Long Will the Step-Up-Basis Loophole Last?

Season 1 Episode 79

Families that aren't quite rich enough to be affected by the Estate Tax, but have built wealth over time, have another benefit available to them call…

5 years, 10 months ago

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Should I Do a Roth 401k?

Season 1 Episode 78

Should you be contributing to your Roth 401(k)? The short answer is yes because anything with the word Roth in front of it is truly tax-free.

What do…

5 years, 11 months ago

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