08.25.26 Ask An Advisor With Wes Moss
Summary
In this rapid-fire "Ask an Advisor" special, Wes Moss answers listener questions on optimizing savings, 529 glide paths, and the risks of high-yield ETFs. He explains the "mega backdoor Roth" strategy for high earners and advises against planning around uncertain inheritances. The episode also covers the new Trump accounts for children without income and the benefits of target-date bond ETFs over individual bonds.
Topics discussed
Sponsors: Indeed and Visible
Introduction to rapid-fire Q&A format
High-yield savings vs. brokerage money market funds
Saving for second child and daycare costs
Explaining the Mega Backdoor Roth 401(k)
Should you plan for inheritance money?
Risks of high-yield ETFs and options trading
Advisor workload: worry vs. planning
Sponsors: Indeed, Visible, Uber Eats, United, Garnier
Welcome back and show recap
529 plan glide paths and allocation strategies
Individual bonds vs. bond funds and ETFs
Investing for a grandchild: Trump accounts vs 529s
Roth conversions for pre-retirees with large balances
Closing remarks and listener shoutouts
Sponsor: Verizon NFL Sunday Ticket
Listen ad-free on Castria