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Henssler Money Talks
  • Podcasts
    • Money Talks
    • Our Three Cents
    • Subscribe
  • Hosts
  • Disclosures
  • Henssler.com

June 29, 2024

This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate Melanie Wells, CFP®, and Associate Giuliana Barbagelata, CFP® to cover market news including The Conference Board Consumer Confidence reading, the third estimate of first quarter GDP, and housing news, including Existing Home Sales, New Home Sales, and home prices. Melanie and Giuliana address managing a minor’s money. They discuss custodial accounts, Roth IRAs, and 529 Plans. The financial experts round out the show with listeners’ questions on the cost of college, using a trust so an estate is harder to challenge, and the taxability of Social Security benefits.

Timestamps and Chapters

  • 00:00 Market Roundup: June 24 – June 28, 2024
  • 13:54 Case Study: Managing a Minor’s Money
  • 32:45 Q&A Time: Cost of College, Trusts, and Social Security Benefits

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This article is for demonstrative and academic purposes and is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing. Henssler is not licensed to offer or sell insurance products, and this overview is not to be construed as an offer to purchase any insurance products.
Tagged minor’s assets, roth IRA, child earning money, new home sales, custodial account, existing home sales, money lessons, S&P 500 index performance, cost of college, earned income, trusts and wills, Social Security benefits, 529 Plan, Consumer Confidence Survey, Case-Shiller Home Price Index, First Quarter GDP
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