Secure Your Future - Financial Matters with Richard Oring: Financial Matters with Richard Oring

We're digging into a topic that's become even more important in recent years, inheriting IRAs from a non-spouse, and how the Secure Act 2.0 has changed the game. I'm gonna break this podcast down into three sections. First, the new rules, second, the tax implications, and last, the planning. So let's start with what's changed. Before the Secure

A severance agreement can look like a simple exit packet, but it’s often the most consequential contract you’ll sign in your career. When you’re laid off, fired, or caught in a reduction in force, the pressure to “just sign and move on” is real and the stakes are higher than most people realize. We talk through why severance isn’t a fixed formula and why it’s better understood as a negotiation where the company is purchasing a release of claims and, sometimes, your silence.From there, we dig i

Your phone is lighting up, the headlines are relentless, and the market feels like it’s swinging with every update. When geopolitical conflict ramps up and oil prices jump, the most common investor impulse is also the most dangerous one: panic selling. We slow the moment down and talk through why “doing nothing” can be the smartest move when volatility is high and fear is louder than facts.We look at how markets have historically reacted to major geopolitical shocks, why they often drop fast a

A tax bill for gains you never saw coming can sour an otherwise smart investment. We pull back the curtain on mutual fund capital gain distributions and show how manager trades, investor redemptions, and year-end timing can leave you paying taxes even if you never sold a single share. If you’ve ever opened a 1099 and felt confused or frustrated, you’re not alone—and you’re not stuck.We start with the essentials: how mutual funds work, why the IRS treats them as pass-through entities, and what

Have you ever wondered how Federal Reserve's interest rate changes can affect the market? Well, Kevin Caron, a seasoned Portfolio Manager from Washington Crossing Advisors, drops by to decode the world of finance. With his in-depth knowledge and expertise, we explore current cash, bond, and stock environments, and discuss the impact that interest changes have on the market. Moreover, Kevin also unravels the potential benefits that can be reaped by savers due to these increases. As we delve d...

Want to uncover the hidden potential of 529 plans and the new twists introduced by the Secure Act 2.0? Wondering how this could be the game changer in your child's college fund or even your first-time home purchase? Then this episode is a goldmine waiting to be discovered. We unpack the quirks and benefits of 529 plans, investment plans that not only allow you to save for a beneficiary but also let you withdraw tax-free. We also delve into the changes brought by Secure Act 2.0, particularly how