Your Q, Don's A

In this Friday Q&A edition, Don tackles five listener questions spanning kids’ UTMAs vs. 529 plans, Roth vs. pre-tax 403(b) contributions, filling portfolio gaps when a workplace plan lacks small-cap value, why indexed annuities are a costly sales pitch wrapped in deceptive promises, and how to help a recently divorced 26-year-old daughter find hope and financial focus. Along the way, he delivers mic technique tips, portfolio simplification advice, and a blistering breakdown of annuity sales incentives—plus a reminder to prioritize life and mental recovery over rushing into big purchases.

0:04 Florida heat, Friday Q&A setup, and microphone placement tips

2:29 UTMA vs. 529 rules, Roth transfer limits, and simplification advice

6:59 Mid-40s couple weighing Roth vs. pre-tax 403(b) contributions

9:29 Workplace plan fund gaps, avoiding PIMCO small-cap, and using other accounts to diversify

12:58 Indexed annuity dinner pitch breakdown—hidden costs, low returns, and high commissions

20:58 Helping a divorced 26-year-old refocus priorities, delay big purchases, and stay patient
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