Nancy and Ryder often give advice on what to do with your money. Today they’re going to remind you what you might NOT want to do with your savings, investments, or retirement funds. They also take other personal finance questions. Precious metals Cryptocurrency Recent stock market drop Young adult's debt No credit score Ginny Mac Free IRS filing https://www.irs.gov/ https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free Income $69,000 and Below Free File Online Products File your ta...
Feb 25, 2020•47 min
It's National Second Hand Wardrobe Week February 9th - 15th! Guests from various types of stores - Thrift: Michelle Hatfield, Community Relations Director for The Salvation Army - Jackson https://salvationarmyalm.org/jackson/family-store-salvation-army/ Consignment: Parker Wilkinson, Store Manager for Repeat Street, Jackson https://www.repeatstreet.net/ Pawn: Monique Worthy, Store Manager for Plato's Closet, Ridgeland https://www.platoscloset.com/location/ridgeland-ms/ Our hosts also talked abou...
Feb 11, 2020•46 min
Did you know your credit score will change this summer because of new metrics? Money Talks experts will explain what a FICO credit score is, how to obtain and understand your credit report, and take your personal finance questions. · To order, visit annualcreditreport.com, call 1-877-322-8228. Or complete the Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. · UPDATE: Starting in 2020, everyone in the U.S. can get 6 f...
Feb 04, 2020•47 min
We covered a lot of material on this broadcast! Where does $100,000 in retirement savings last the longest? Mississippi https://money.yahoo.com/retirement-savings-states-165907606.html Powerball and Mega Millions lottery tickets go on sale Thursday, February 20th 2020 in Mississippi. https://www.mslotteryhome.com/ We did an episode about the lottery in Mississippi (link to come) and an episode about winning the lottery (link to come) Our recent show about getting your taxes done early (link to c...
Jan 28, 2020•49 min
Our experts from New Perspectives discusses with host, Kevin Farrell, the SECURE Act. Increased the required minimum distribution age Increased the maximum contribution age No more stretch IRAs Annuities in 401(k) plans Birth or adoption of a child Student loan debt Multiple employer plans for small businesses Encouraging auto-enrollment in retirement plans by employers https://waysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/documents/SECURE%20Act%20section%20by%20section.pdf...
Jan 21, 2020•49 min
January is Financial Wellness Month, Get Organized Month, and Tax Identity Theft Week - January 27 - February 2, 2020 Internal Revenue Service announced last week that the official opening day of the 2020 tax season for individuals will be Jan. 27 Reasons to file tax returns as soon as possible: Avoid tax identity theft: Tax Identity Theft Week - January 27 - February 2, 2020. This fraud is particularly worrisome because the legitimate taxpayer may have no way of knowing that fraud has been comm...
Jan 14, 2020•49 min
Is your IRA made up of CDs , LLCs , or invested in the NASDAQ ? Do you pay PMI on your FHA loan? What do all these acronyms mean? Our CFAs talk about some of these questions and take your personal finance calls. Calls: What affect do recent events have on oil company stock prices? How much of one company's stock to hold in your portfolio? When to take retirement account required minimum distributions (RMD) in light of the SECURE Act ( Setting Every Community Up for Retirement Enhancement) Listen...
Jan 07, 2020•48 min
Guest, Ray Higgins - Director of PERS This podcast has information about PERS for retirees, those close to retirement, and those employees still working with retirement in the future. You could read the Public Employee Retirement System of Mississippi handbook, or listen to MPB’s Money Talks broadcast and podcast with the director of PERS, Ray Higgins. You’ll get a good understanding of how PERS benefits state workers and retirees. Contact PERS at their statewide number: 1-800-444-7377 or email ...
Dec 17, 2019•52 min
How do our financial indices compare to last year or 10 years ago? What do these financial terms mean? inflation college loans stocks bonds Hosted on Acast. See acast.com/privacy for more information.
Dec 10, 2019•49 min
Our discussion is about charities this week. Where to Give on this Giving Tuesday. Everyone hopes that the organization to which you donate money is a reputable group. In Mississippi, The Charities Division of the Secretary of State’s Office is responsible for the registration and regulation of all charitable organizations and fundraisers who solicit contributions in Mississippi. The division is also responsible for the investigation of charity complaints and/or violations to the State’s charita...
Dec 03, 2019•48 min
Things to buy in December Gift cards Christmas decorations (after Christmas) Champagne Wedding dresses Golf clubs Cookies: National Cookie Day - Dec. 4 New cars One list had TO buy Jewelry, one list said DON’T buy Jewelry. Things not to buy in December High-end electronics Exercise equipment Bedding Tips for Black Friday shopping: · Black Friday Sales have already started. Some of the best discounts are: iPads, Apple Watches, TVs, and headphones, but also air fryers, vacuums, Instant Pots and DN...
Nov 26, 2019•49 min
Nancy and Ryder talk about financial matters the week before Thanksgiving. (Dr. Nancy Lottridge-Anderson, President of New Perspectives and Ryder Taff, portfolio manager at New Perspectives. Nancy and Ryder are both Chartered Financial Analysts and Ryder also holds the Certificate in Investment Performance Measurement from the CFA Institute.) https://www.newper.com/ Hosted on Acast. See acast.com/privacy for more information....
Nov 19, 2019•7 min
Our guest: Keith Dean, Board member on the MS State Board of Funeral Service and a Funeral Director in Mississippi with Dean Memorial Funeral Home. https://www.deanmemorialfuneralhome.com/ Website information with resources: https://funerals.org/ or https://www.nfda.org/ Hosted on Acast. See acast.com/privacy for more information....
Nov 12, 2019•50 min
Guests: Sharon Person discussing MPB's Nov. 20th Hiring Event and Adam Todd, Director of the Governor’s Job Fair Upcoming events: Forest Area Job Fair 2019 11/7/2019 9:00 AM - 12:00 PM National Guard Armory 300 Frontage Rd. Forest, MS Southwest Regional Workforce Training Center Job Fair Nov. 2019 11/12/2019 9:00 AM - 1:00 PM Southwest Regional Workforce Training Enter 1146 Horace Holmes Dr. Summit, MS American Graduate Job Fair 2019 11/20/2019 9:00 AM - 2:00 PM Mississippi Public Broadcasting 3...
Nov 05, 2019•50 min
Guest Bridgette Wiggins, Director of the Attorney General’s Consumer Protection Division Everyone needs to protect their financial interests. Seniors might need a little help. We learn warning signs of Senior Financial Abuse and types of scams that are going round. Scams on the Office of the Mississippi Attorney General's website: http://www.ago.state.ms.us/victims/scams/ https://www.napsa-now.org/get-informed/exploitation-resources/ http://www.ago.state.ms.us/wp-content/uploads/2014/04/seniorfi...
Oct 29, 2019•50 min
Guest, Shawn Mercer - District Manager for the Social Security Administration. We had MANY listener calls dealing with when to select to draw income; can you draw from a divorced, ex-spouse's record; what if you didn't contribute to SS through your job. Website: https://www.ssa.gov/ Phone : (800) 772-1213 Hosted on Acast. See acast.com/privacy for more information....
Oct 22, 2019•50 min
Friday, October 18, 2019 Let The Sunshine In! For quite a while, I’ve been interested in solar. Fifteen years ago, when I began investigating, there was no one in Mississippi selling or installing solar systems. It seemed just a pipe dream. Lately, more and more companies are popping up to provide this service. So I decided it was time to get serious. The other thing that pushed me to pursue this option was the lucrative tax credit offered on a solar installation and the fact that this credit wa...
Oct 21, 2019•33 sec
Eleanor Laise, Senior Editor from Kiplinger, is our guest expert leading the discussion of Medicare. Here's the link to a recent article that Ms. Laise wrote: https://www.kiplinger.com/article/retirement/T039-C000-S004-navigate-2020-medicare-changes-open-enrollment.html We had a lot of websites and phone number given out. Here they are for you to read: 1-800-MEDICARE (1-800-633-4227) You can also get information on your most recent claims without having to speak to a customer service representat...
Oct 15, 2019•50 min
We’ve gathered together some tips from various articles to discuss Holiday Spending today. Listen to our experts from New Perspectives https://www.newper.com/ thoughts on these tips: Stick to your budget: Plan how much you’ll spend on gifts, food, drink, and decorations Allocate a dollar amount of what you want to spent and who you will shop for. Tally up what you’ve already spent so far if you shop through the year and be aware of what you already bought and what you’ve already spent. Make a li...
Oct 08, 2019•49 min
Dr. Nancy Lottridge-Anderson, President of New Perspectives and Ryder Taff, portfolio manager at New Perspectives are our expert hosts. Nancy and Ryder are both Chartered Financial Analysts and Ryder also holds the Certificate in Investment Performance Measurement from the CFA Institute. We didn't get to many October buys / don't buys due to phone calls. Find that information from these websites: https://www.nerdwallet.com/blog/shopping/what-to-buy-in-october/ https://www.offers.com/blog/post/wh...
Oct 01, 2019•49 min
Our chartered financial advisers,Dr. Nancy Lottridge-Anderson, President of New Perspectives and Ryder Taff, portfolio manager at New Perspectives.demystify this diversification tool. https://www.investor.gov/introduction-investing/basics/investment-products/mutual-funds-and-exchange-traded-funds-etfs#Fraud Ryder mentioned Morningstar as an information source https://www.morningstar.com/funds Hosted on Acast. See acast.com/privacy for more information....
Sep 24, 2019•49 min
We used as our guide for today's show: How to Choose the Right Budget System from Nerd Wallet https://www.nerdwallet.com/blog/finance/how-to-build-a-budget/ Examples of 4 types of budgets systems are THE 50/30/20 BUDGET, THE ENVELOPE SYSTEM, PAY YOURSELF FIRST, and THE ZERO-BASED BUDGET · Automate your savings as much as possible so the money you’ve allocated for a specific purpose gets there with minimal effort on your part. An accountability partner or online support group can help, so that yo...
Sep 17, 2019•50 min
Our hosts are Dr. Nancy Lottridge-Anderson, President of New Perspectives and Ryder Taff, portfolio manager at New Perspectives. Nancy and Ryder are both Chartered Financial Analysts and Ryder also holds the Certificate in Investment Performance Measurement from the CFA Institute. https://www.newper.com/ FINRA: the Financial Industry Regulatory Authority suggests how to approach setting your goals. https://www.finra.org/investors/personal-finance/set-your-financial-goals College Savings Calculat...
Sep 10, 2019•49 min
Emelia Nordan, The College Savings Director from the State Treasurer’s office takes questions and explains the MPACT and MACS savings plans for school tuition. https://www.treasurerlynnfitch.ms.gov/collegesavingsmississippi/Pages/default.aspx Hosted on Acast. See acast.com/privacy for more information.
Sep 03, 2019•49 min
Do you need to save money on your regular expenses to have money to invest for retirement? We'll share some money saving tips from AARP's 99 Great Ways to Save https://www.aarp.org/money/budgeting-saving/info-2019/top-ways-to-save.html and our expert, Ryder Taff https://www.newper.com/ will comment. Reimbursed ATM Fees: Most online banks and some traditional banks will reimburse you for fees incurred when you use another bank's ATM. That can save you an average of $4.68 per transaction. Hire a H...
Aug 20, 2019•50 min
Ryder Taff, our investment expert from New Perspectives https://www.newper.com/ , suggests reading J.P. Morgan's Guide To Retirment https://am.jpmorgan.com/blob-gim/1383280097558/83456/JP-GTR.pdf There are a number of retirement calculators available on the internet. Each person’s situation will be different. You will need to enter your current age, income, savings balance and how much you save toward retirement each month. Estimating travel expenses, health care, and if your home is paid for ar...
Aug 13, 2019•50 min
Expert Ryder Taff from New Perspectives https://www.newper.com/ and guest host Jay White, from MPB's Everyday Tech http://everydaytech.mpbonline.org/ , update listeners on financial data breaches and hacks. https://www.ftc.gov/ Federal Trade Commission From their site you can file an Equifax Claim, learn about Annual Credit Reports 1-800-322-8228, and find more information. · What can you do if you suspect your financial information has been compromised? Check if your accounts have been affected...
Aug 06, 2019•50 min
We'd like to help you save on your purchases, save for college, and help you get money for your school. Segment 1 We’d like to remind folks that Mississippi has a tax free weekend coming up Friday, the 26th and Saturday the 27th. BUT there are some stipulations: · Sales Tax is not due on the sale of articles of clothing, footwear, or school supplies if the sales price of a single the item is less than One Hundred Dollars · There are definitions of Clothing, footwear, accessories, and school supp...
Jul 23, 2019•47 min
Factors to take into consideration when deciding to give someone money: · Fees, Speed, Sending amount, Where the recipient is located, Security, access to actual cash https://www.mic.com/articles/192848/4-reasons-to-always-carry-cash https://www.usbank.com/newsroom/news/digital-payment-platforms-primed-to-topple-cash.html https://www.cnbc.com/2019/01/15/more-americans-say-they-dont-carry-cash.html https://www.nerdwallet.com/blog/banking/faq-send-money-individual/ https://www.gobankingrates.com/m...
Jul 09, 2019•50 min
Guest Richard Courtney of Courtney Elder Law Associates, a division of Frascogna Courtney, PLLC is the guest. To sign up for an account: mississippiable.com or call 1-888-609-3469 ABLE accounts are savings accounts for individuals with disabilities which will not affect their public benefits. These accounts can be used for daily transactions and/or long-term savings. Income earned in the accounts is not taxed if spent on qualified disability-related expenses. Contributions can be made to an acco...
Jul 02, 2019•50 min
