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Mastering Money

Mastering Money is hosted by Certified Income Specialistâ„¢ Steve Jurich. Steve's comments have been seen on MarketWatch, CNBC.com, Bloomberg, and TheStreet.com. Steve is joined on most days by Money Radio favorite Sinclair Noe as well as experts and authors from the world of Wall Street and real estate. New episodes published every weekday at 9am PST. Listen every weekday to get a handle on emerging market trends, asset allocation strategies, social security, medicare, RMD planning, tax strategies, estate planning, annuities, life insurance and more!
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Aug 21, 2015

The market is getting rocked in August as China's woes go global. Not missing an opportunity, shock jock newsletter writers are talking about the Chinese yuan replacing the dollar as the world's "reserve" currency. Is there any truth to it? Are we headed for the end of the financial world as we know it? Learn what's really going on.  Sinclair and Steve review some important facts and what you really need to know.  In the Q & A segment, national blogger and well known CFP® Michael Kitces, who holds a Masters Degree in both Financial Services and Taxation, joins the A-Team to review the actual value of Social Security payments and how "back door IRA's" work. The back door IRA can work but Michael points out what can go wrong under the "step transaction rules."