School is back in session and kids need money for just about everything. Is it better to cut your kid a check or pay the school?

New Focus on Wealth with Chad Burton

English - August 28, 2019 01:00 - 39 minutes - 9.33 MB - ★★★★ - 60 ratings
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Previous Episode: The valuation gap between expensive and cheap stocks is the lowest it has been in 9 years. Why is value being ignored while growth gets expensive?

Next Episode: The internet can be a dark place if you aren’t prepared. Protect yourself from fraudsters, scammers and identity thieves with safe habits and buying quality protection programs.

If you’re trying to give somebody money for education do not give them the cash directly, pay the institution instead. Not only will you not have to file a gift tax return, but you are able to exceed the $15,000 limit. Believe it or not there is also a correct way to withdraw from a 529 plan; is your child getting the most out this money? Other topics include:

Top retirement planning questions The inverted yield curve, recessions and the biggest discount between growth and value stocks

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.