Your Money with David Hays

Have you ever heard of the five-year rule, as it relates to Roth IRAs? This week David will discuss why Roth IRA owners need to pay attention to this rule when taking distributions and how converted funds relate to the guideline.  June was Annuity Awareness Month, and there was some discussion on the investment product in the June 18th episode. This week David takes a deep dive into the various ty...

David is back in the studio this week, as the second-half of 2026 kicks off.   Rod Holloway from CFCI will be calling in to provide a market update, as well as discuss jobs, inflation and more.   July 4 isn't just Independence Day - it's the start of the new Trump Accounts, with opportunities for saving for children. David will give specifics on the plan, as well as compare the program to Roth IRA...

Doug Hughes and Jim Inman are in the studio again this week, continuing last week's conversation on financial matters for 30-to-50 year-olds.   Doug and Jim will also highlight an important topic - cybersecurity - and how people can protect themselves from hackers.   Summer is here - and people are grabbing books as they head for vacations or evenings on the patio. The guys will have some suggesti...

David is traveling this week and next, so Doug Hughes and Jim Inman are taking over the microphones for the next two shows.   This week Doug and Jim will take a look at Space X Initial Public Offering (IPO) and why it's so newsworthy. They will also share what the differences are between a million, a billion and a trillion (bring a roll of pennies with you when listening).   Also, June is National...

It was announced this week that the already-expected Social Security shortfall has crept up - now to late 2032. The Wall Street Journal reported this week that "unless Congress shores up the retirement program, the depletion of reserves would trigger a 22% reduction in benefits in late 2032." David will be discussing what this means for retirees and future retirees and what Congress needs to do to...

This week is the Question-and-Answer Show! David and Jim Inman bring a variety of questions to the airwaves, including:   How to roll over a portion of an IRA to a Health Savings Account (HSA) Is paying off a mortgage before retirement a smart move? How are estates taxes in Indiana? Should retirees still own stocks?   Remember you can always submit a question through our website, and we will respo...

This week David welcomes back Rod Holloway with a market update, discussion on new Federal Reserve Chair Kevin Warsh and what's going on with jobs and inflation.  David also returns to a big topic - Social Security. What may be the difference between calling the Social Security Administration versus expecting something to happen automatically? There can be a lot - and David will explain more in de...

David takes a look at international investing this week on the radio show. It's a global economy today, and what happens in other countries impacts Americans - and vice versa. David will look at what's been happening in Europe in recent history, including currency values, and how it all can impact investment returns.   Gold is always a big topic, and David will share some insights gained from a re...

Social Security is a big part of many retirees financial plans - and there are always rumors and concerns about the long-term role it will play as an income source.   This week on the show, David will talk about the history of Social Security - when it started, what has changed over the years, why a change in the 1980s was crucial and more.   Rod Holloway from CFCI will be calling in this week as...

At the end of March, the US national debt hit a new milestone - exceeding 100% of GDP (gross domestic product). This week David will take a look at what that means to the average American, as well as compare interest on our debt against national spending on defense. Plus, could this mean higher taxes? David will share details from his Ed Slott Elite IRA Advisor conference last month.   Many people...

David is back in the studio this week after attending the Ed Slott Elite IRA Advisor conference - and there is much to discuss on this important retirement vehicle. David will share about a recent Wall Street Journal article on IRAs, as well as 50 Roth IRA considerations that came out of the conference.   Rod Holloway from CFCI will also be calling in early in the show to give an update on the sta...

Doug Hughes and Jim Inman are in the studio this week, as David Hays calls in from the Ed Slott Elite IRA Advisor Conference.   The trio will share about Indiana 529 plans, including some new rules and guidelines for 2026. April is Financial Literacy Month (as you've seen in recent emails), and David, Doug and Jim will discuss some lessons and ideas to help children (and adults) better understand...

It's the Question-and-Answer Show this week, and David brings Jim Inman on board to discuss a variety of questions on Health Savings Accounts, Roth IRA conversion, making parents and grandparents your beneficiaries and one that is great for your next trivia party - how are Social Security Numbers assigned?   It's a fast-paced show filled with something for everyone!

It's been a big week in the markets - and Rod Holloway from CFCI will be joining David on the air this week. David and Rod will look at the first quarter of 2026, the latest news from the Middle East and what could be expected going into Spring.   Also, David will talk taxes - it's just under a week until Tax Day, and David will share what you can learn from your tax filing, as well as things to c...

The State of Retirement Savings is a key topic in this week's episode - an article from CBS News this week talks about how Americans are reducing their retirement savings, and David will share thoughts about the situation.   The new Trump Accounts for children have the potential to be very impactful - launching on July 4, 2026 and available to children born from January 1, 2025 to December 31, 202...

This week’s show touches on key financial headlines, from new savings strategies for kids to shifting housing costs and hidden drivers of inflation. There’s also a lighthearted take on March Madness brackets as a reflection of investing styles - highlighting the contrast between high-risk approaches and steady, index-style investing.   The conversation also dives into the growing concentration wit...

This week David takes a look at the Middle East conflict and the impact it's having on the economy, gas prices and more. A recent Wall Street Journal article asked "Is War Good for the Economy?," and David will examine how war impacts spending and the job market.   Rod Holloway from CFCI will be on to talk inflation and the markets as well... plus many people want to leave a legacy after their pas...

This week on Your Money, David is unpacking several stories that could impact investors. He will start with some headlines - from steady inflation to a few eye-catching proposals coming out of Washington - and explain why many of them are far less likely than they sound.   Then David will discuss an interesting move in the bond market: Google has issued a 100-year “century bond.” Who would buy som...

While David is out of town, Doug Hughes and Jim Inman take the reins of the show this week. There will be conversation on what's taking place in the Middle East in recent days, as well as an examination of income planning and investment planning.   March is National Credit Awareness Month - Doug and Jim will have some important information on checking your credit report, what's a credit score and...

This week David will share thoughts on President Trump's State of the Union address - including the proposed retirement accounts discussed during the event.   Also... Rod Holloway from CFCI will be calling in to the show to provide an update on the markets, economy and tariffs, and David will talk about the #1 Most-Hated Retirement Strategy - and is it really hated? 

This week is our first Question-and-Answer show of 2026, and there is plenty to discuss. David and Jim Inman will tackle a variety of topics, including:   What options do I have to fund an Indiana 529 college savings account? Who sends the funds in a QCD (Qualified Charitable Distribution)? What should I do if I think my parents have signed up for a financial scam? If my child and I pass away at t...

What are the five biggest retirement mistakes people make? David will share the list with listeners this week and give some suggestions on how to avoid them.  Also this week - health insurance before age 65 can be a challenge for many people, and David will offer some ideas to potentially lower your costs of coverage.  David will also discuss a recent Wall Street Journal article on how the US econ...

On the show this week... David discusses Ed Slott's Retirement Tax Savings Timeline - things everyone should consider as they get closer to retirement. He will also share about why the global economy is hooked on debt, and the emotional side of retirement - and why "mattering" does matter!

David welcomes Jolene Dixon, District Manager for the Bloomington Social Security Administration office, back to the airwaves this week.   Jolene was last on the show in April 2025 - before the One Big Beautiful Bill Act and a government shutdown. She's back to share what's new with Social Security, give you some things to consider when planning for your financial future and what happens when you...

This week David is back in the studio, and there is much to talk about as January wraps up. David welcomes Rod Holloway from CFCI to the program to discuss tariffs and market fluctuation, as well as what's going on with Greenland and Europe - and the possible impact on the American economy. David will also share about the great wealth transfer that is coming over the next several years - including...