On this episode of "On the Money," Paul Ruedi, Ryan Repko, and Dr. Fred Giertz discuss the economy and gifting rules. They also answer a caller's question about annuities.
(2:12) Dow 35,000
(7:56) Covid recession was shortest on record
(15:25) Yellen’s comments on debt ceiling
(33:19) Shifting from mutual funds to ETFs
(39:48) The $15,000 gift misconception
(44:10) Caller question: What portion of a retiree’s portfolio do you suggest people invest in an immediate or deferred annuity?