WEBVTT 1 00:00:00.520 --> 00:00:13.039 Yeah, ripped up. You need advice, so you don't have We'll come 2 00:00:13.199 --> 00:00:20.160 running just as fast as we can. Shooter's gonna help come. Man six 3 00:00:20.640 --> 00:00:26.160 is the Troubleshooter Show. Now, Tom Martino, Hey, Tom Martino here, 4 00:00:26.199 --> 00:00:31.280 welcome to the show. Three oh three seven one three talk. That's 5 00:00:31.320 --> 00:00:33.880 the number in the studio. We also have three oh three Martino. You 6 00:00:33.880 --> 00:00:38.640 can call twenty four seven three oh three six two seven eight four sixty six 7 00:00:39.600 --> 00:00:43.399 and when you call, we'll get right to you. That's right, we 8 00:00:43.439 --> 00:00:47.880 will get right to you. And if you can just hang on, I 9 00:00:47.880 --> 00:00:51.960 have my expert. I want to get on right now. Eric Reinimer with 10 00:00:52.320 --> 00:00:58.719 Atlas Epas and Financial Advisors and Eric, we had a question the other day 11 00:00:58.759 --> 00:01:03.880 that came up about are you there, sir? I am now. After 12 00:01:03.920 --> 00:01:07.640 the April fifteenth deadline, you slowed down a little, but you still have 13 00:01:07.680 --> 00:01:11.640 to get people ready who filed extensions. Let me ask you something in general, 14 00:01:11.680 --> 00:01:15.599 do a lot of people file extensions or do you still have most people 15 00:01:15.640 --> 00:01:22.400 filing on time? Well, we have probably a third of our clients' file 16 00:01:22.519 --> 00:01:29.599 extensions. Because I just together yet. Okay, So we had a question, 17 00:01:29.760 --> 00:01:32.840 and again it doesn't apply to everyone, but it was important enough that 18 00:01:32.920 --> 00:01:38.760 we wanted to talk about it on stacking retirement plans and we had Retirement Planning 19 00:01:38.840 --> 00:01:44.239 Center of the Rockies on But some of the questions they said, and fairly 20 00:01:44.319 --> 00:01:49.000 so, they said, a lot of them are more apt to be tax 21 00:01:49.120 --> 00:01:56.519 questions than they are than they are you know, financial advisement questions. And 22 00:01:56.599 --> 00:02:00.719 we were wondering about a number of them, and basic Lee, let's us 23 00:02:00.760 --> 00:02:06.319 go through them. We're mainly talking about people who make some money and there 24 00:02:06.760 --> 00:02:09.319 they own their own company. They might even be the only employee, or 25 00:02:09.360 --> 00:02:14.159 they have their wife or a kid or something where they don't mind doing a 26 00:02:14.840 --> 00:02:19.960 plan. So we have the solo forour oh one K, which is basically 27 00:02:20.039 --> 00:02:23.039 a four oh one K for a person who owns their own business or if 28 00:02:23.039 --> 00:02:28.680 they have a couple employees that you know. But bottom line with that is 29 00:02:28.719 --> 00:02:32.080 the company puts in money, which is basically themselves, and then they put 30 00:02:32.120 --> 00:02:38.120 in money as an employee. And somebody wanted to know if they own their 31 00:02:38.159 --> 00:02:44.360 own company and they want to do that where the employer part of them puts 32 00:02:44.360 --> 00:02:50.800 in money and the employee part of them puts in money. Are they Jim, 33 00:02:50.879 --> 00:02:54.199 is it worth it for the tax savings if you consider they now have 34 00:02:54.280 --> 00:03:00.319 to be W two and they to they have to pay other h expense on 35 00:03:00.439 --> 00:03:07.039 themselves. That was the first question. That's a great question, and probably 36 00:03:07.080 --> 00:03:14.439 the question behind that is to take a pension deduction like a four oh on 37 00:03:14.439 --> 00:03:19.120 and K, you have to charge wages to yourself. And you have wages, 38 00:03:19.199 --> 00:03:23.280 you pay fifteen percent payroll tax. So really the issue is are you 39 00:03:23.360 --> 00:03:28.879 more focused as your income grows. People tend to be more concerned about setting 40 00:03:28.919 --> 00:03:32.759 aside retirement dollars that are worrying about trying to minimize their W two. So 41 00:03:34.199 --> 00:03:37.840 it really just depends on how big your dollars are at stake, But ultimately 42 00:03:38.319 --> 00:03:42.159 you end up it's more beneficial if you're going to get a thirty thousand dollars 43 00:03:42.439 --> 00:03:46.080 retirement deduction and it's your own money just going into a four oh and K, 44 00:03:46.800 --> 00:03:50.360 it's worth it because of the tax deduction. Okay, Now, next 45 00:03:50.439 --> 00:03:54.800 question, if someone owns their own company, or they're a contractor or whatever, 46 00:03:54.879 --> 00:04:01.159 electrician, whatever we have, if they do this solo for a one 47 00:04:01.240 --> 00:04:04.800 K or a limited for a one K for you know, like I said, 48 00:04:04.840 --> 00:04:11.439 closely held employees, can they also do a SEP I r A on 49 00:04:11.639 --> 00:04:18.319 top of it. No, those are mutually exclusive career because really they're identical 50 00:04:18.399 --> 00:04:23.920 plans. You can't you've got to do one or the other. Oh so 51 00:04:24.079 --> 00:04:30.120 they can't do both. No, the main stacking is you use that phrase. 52 00:04:30.160 --> 00:04:33.839 The main thing that we can see is you can do on top of 53 00:04:33.879 --> 00:04:38.480 a four one K and we've talked about this before, you could add on 54 00:04:38.519 --> 00:04:43.079 top of that a profit sharing plan. That's very common, that gets happened 55 00:04:43.199 --> 00:04:46.720 a lot with high orders. But an SEP is like a simple plan, 56 00:04:47.279 --> 00:04:50.439 is like a four to one K plan. They're all okay, five I 57 00:04:50.639 --> 00:04:57.600 RA as okay. So basically the the the SEP I RA or the SEP 58 00:04:58.879 --> 00:05:02.959 uh and or the solo four one K they both will give you the same 59 00:05:02.959 --> 00:05:11.279 exact contribution limit and the same deduction, but one is done totally from the 60 00:05:11.360 --> 00:05:15.120 employee. The other one is done as an employer employee. So with a 61 00:05:15.199 --> 00:05:23.519 step you would not have to have the W two arrangement with yourself as long 62 00:05:23.560 --> 00:05:28.879 as you're charging. No that that's actually you do have to have WW income. 63 00:05:29.120 --> 00:05:33.040 And we almost never see SEPs anymore, Tom because the problem with SEPs 64 00:05:33.160 --> 00:05:41.399 is it's limited to twenty five percent of your wages or your self employed income. 65 00:05:41.839 --> 00:05:46.879 That's the issue with those things. Now let's say this. Let's say 66 00:05:46.920 --> 00:05:53.879 this contractor who works for himself has a solo for a one K, and 67 00:05:53.920 --> 00:06:00.160 now let's say he does other business activity separately from his come. He does 68 00:06:00.199 --> 00:06:09.759 some other stuff. Can that other stuff qualify for a set It could, 69 00:06:09.879 --> 00:06:15.800 as long as everything has to be aggregated together to his personal limitations in a 70 00:06:15.920 --> 00:06:20.279 year. So he still won't get more than the write off of sixty six 71 00:06:20.360 --> 00:06:25.879 thousand or so. No. I would suggest doing it in one plan. 72 00:06:25.959 --> 00:06:30.519 It's too complicated. Okay, spread it around. Now. On top of 73 00:06:30.560 --> 00:06:34.120 that, can a business owner do a traditional IRA if he has a four 74 00:06:34.160 --> 00:06:40.759 to oh one K? Typically not. Those are subject to income limitations. 75 00:06:40.759 --> 00:06:44.439 And if you're in a four to one K, usually your income puts you 76 00:06:44.519 --> 00:06:49.439 past the threshold. Okay, qualify now, except he can probably do it 77 00:06:49.839 --> 00:06:57.639 but not deduct the contribution. Yes, a non deductible IRA. Now is 78 00:06:57.680 --> 00:07:00.519 it worth doing that if he had some extra money in order to get that 79 00:07:00.600 --> 00:07:06.959 tax free the tax deferred earnings? Yes, generally if a person is at 80 00:07:06.959 --> 00:07:12.360 that point where they're just looking to put away money without taxation, then yes, 81 00:07:12.480 --> 00:07:16.160 that would be worth it. Okay, Now, what about what they're 82 00:07:16.199 --> 00:07:21.120 calling a backdoor wroth. If people make too much money to contribute to a 83 00:07:21.199 --> 00:07:26.120 wroth, a married couple or something, and they have some other plans, 84 00:07:26.639 --> 00:07:30.160 they can take a distribution of that plan, that qualified money and roll it 85 00:07:30.240 --> 00:07:35.800 into a wroth. Yes, they can, and that's where probably my colleague 86 00:07:35.839 --> 00:07:41.360 you spoke with before, Michael Lebot, might be best on the details of 87 00:07:41.360 --> 00:07:46.160 how that would get structured. But basically, you pay the tax, you 88 00:07:46.319 --> 00:07:49.600 roll it over, you don't pay the penalty if it's a qualified rollover, 89 00:07:50.199 --> 00:07:56.439 and now that money becomes tax free earnings and tax free when you take it 90 00:07:56.439 --> 00:08:03.839 out, correct. Okay, Now that would be for someone who anticipates that 91 00:08:03.879 --> 00:08:07.920 they want tax free, if they anticipate later on in life they're going to 92 00:08:07.920 --> 00:08:15.319 be in a low tax bracket, that may not be necessary. That's right. 93 00:08:15.399 --> 00:08:18.600 For people like that, it might be better to take a lot of 94 00:08:18.680 --> 00:08:22.920 people want the big tax deduction now because they can plan being in a lower 95 00:08:24.000 --> 00:08:26.000 bracket in the future where it's going to be at a much lower rate, 96 00:08:26.040 --> 00:08:31.079 which is a whole other strategy, and the wroth would be subject as I 97 00:08:31.199 --> 00:08:37.519 understand it, the wroth would be subject to limitations of contribution. Right, 98 00:08:39.279 --> 00:08:43.320 Yeah, there's those annual limitations, just like a traditional IRA of six or 99 00:08:43.360 --> 00:08:48.720 seven thousand. So even if you roll over some money from an IRA or 100 00:08:48.720 --> 00:08:56.679 something else into a wroth, you still can't exceed the sixty five hundred or 101 00:08:56.720 --> 00:09:01.720 if you're fifty year older, the seventy five hundred contribution. Right. Okay, 102 00:09:01.919 --> 00:09:05.679 Well you cleared those things up, and I appreciate it. And then 103 00:09:05.720 --> 00:09:09.159 you said something about a pension plan in addition to a four oh one K, 104 00:09:09.279 --> 00:09:13.840 and that gets pretty sophisticated because people having had done that in the past. 105 00:09:15.000 --> 00:09:18.799 You have to pay quite a bit of administration costs for that you do. 106 00:09:18.840 --> 00:09:22.559 There's at least several thousand dollars a year just to administer that. And 107 00:09:22.600 --> 00:09:26.519 again, if it's worth it, if your money that you're putting aside is 108 00:09:26.559 --> 00:09:31.120 big enough dollars, it's worth it for the tax benefit, right, Sometimes 109 00:09:31.159 --> 00:09:35.720 it is, sometimes it isn't. Do you find by the way, people 110 00:09:37.240 --> 00:09:43.000 wanting more tax deferred money or do you feel like times are tough and they 111 00:09:43.519 --> 00:09:48.120 don't have it to put away? For the most part, medium to small 112 00:09:48.159 --> 00:09:54.679 business, I'd say it goes both ways. Some people are having tough times, 113 00:09:54.679 --> 00:09:58.039 but a lot of people are having amazing years and still looking to maximize 114 00:09:58.080 --> 00:10:03.960 their retirement contributions as they get older and closer to the end of their work 115 00:10:03.000 --> 00:10:09.960 period. Okay, visualize. Thank you very much, and really you've been 116 00:10:11.000 --> 00:10:13.759 a world to help you. Really clear it up. And are you guys 117 00:10:13.840 --> 00:10:18.080 still taking on new clients? I always get that question when you're on all 118 00:10:18.159 --> 00:10:22.960 the time. We love it every week Atlasfirms dot com and it's three oh 119 00:10:24.039 --> 00:10:28.360 three seven nine nine nine one one one. Thank you very much, Eric. 120 00:10:28.600 --> 00:10:31.320 Yeah, there's a lot to talk about when it comes to this stuff. 121 00:10:31.360 --> 00:10:35.159 You know, you hear all these expressions, but can they be done? 122 00:10:35.480 --> 00:10:37.440 How can they be done? How can they be done legally? Of 123 00:10:37.440 --> 00:10:43.240 course? And then let's talk about when I say regular wage journers, I 124 00:10:43.279 --> 00:10:46.639 mean if you don't own your own company, and you're not you're not looking 125 00:10:46.720 --> 00:10:50.720 to stash a lot. You still have, of course the traditional wroth and 126 00:10:50.799 --> 00:10:54.639 the traditional ira, which is a great thing. And then you have the 127 00:10:54.840 --> 00:10:58.039 educational plans five twenty nine you can put away. And if you put that 128 00:10:58.159 --> 00:11:03.320 money away for your go into college, then you look forward to the future 129 00:11:03.360 --> 00:11:07.279 when that money is taken out for college, and that money is never taxed 130 00:11:07.279 --> 00:11:09.360 if used for college. Now we have more coming up with Lean wants to 131 00:11:09.399 --> 00:11:13.919 talk about a vehicle. She's looking for a vehicle to be donated. She 132 00:11:15.080 --> 00:11:18.559 wants a vehicle. And then Tom is looking for Tom has an issue with 133 00:11:18.720 --> 00:11:22.559 Excel Energy. All of that coming up on the Troubleshooter Show. Paul the 134 00:11:22.639 --> 00:11:30.000 Waterman, Great water systems at the lowest prices I've ever seen. And I'll 135 00:11:30.000 --> 00:11:33.399 tell you what. It's not just a lower price. The products are better 136 00:11:33.440 --> 00:11:35.840 than you get for twice and three times the cost. If you want drinking 137 00:11:35.919 --> 00:11:41.440 water, never buy bottled water again. Fourteen hundred bucks fully installed triple filter 138 00:11:41.519 --> 00:11:52.799 reverse Osmosis three zero three eight six two five five five four. Go with 139 00:11:52.879 --> 00:11:56.080 a sure thing Denver's best roofer Excel Roofing dot com. You don't pay a 140 00:11:56.120 --> 00:12:03.759 cent until you're content. Leave time for an insurance check up free, no 141 00:12:03.840 --> 00:12:07.759 obligation. In comparison, call Compass Insurance paying too much your coverage at dozens 142 00:12:07.759 --> 00:12:11.080 of insurance companies find out now three all three, seven seven to one. 143 00:12:11.200 --> 00:12:15.840 Help. You'll think you're his only customer when you choose Frank durand the real 144 00:12:15.960 --> 00:12:20.480 estate man dot com to list your home with Remax Alliance three all three nine 145 00:12:20.519 --> 00:12:26.000 two zero sixteen twenty two. Hey, I'm Tom Martino, you troubleshooter three 146 00:12:26.000 --> 00:12:28.639 all three seven one three talks seven one three eight two five to five. 147 00:12:28.200 --> 00:12:31.039 Now I'm gonna say it publicly. I used to keep this to myself off 148 00:12:31.080 --> 00:12:33.279 the air because we have two shows going on off the air. On the 149 00:12:33.320 --> 00:12:37.159 air, if you're if you're a YouTube flunky, excuse me, a YouTube 150 00:12:37.159 --> 00:12:41.440 moron, sorry, Facebook flunky. One thing, I've noticed, the Facebook 151 00:12:41.480 --> 00:12:46.519 flunkies are not as negative as the YouTube morons. There's something about YouTube that 152 00:12:46.600 --> 00:12:50.600 attracts negativity. That's just the way it is. There're a bunch of and 153 00:12:50.240 --> 00:12:54.600 they seem to skew older on YouTube. It's like they're sitting around scratching their 154 00:12:54.639 --> 00:12:58.799 asses, you know, just smelling, not showering. This is what I'm 155 00:12:58.840 --> 00:13:03.600 picturing. Maybe I'm wrong. I'm not picturing some young executive at his desk 156 00:13:05.080 --> 00:13:07.360 having this off to the side, listening to the show. For edification. 157 00:13:09.360 --> 00:13:13.440 I think there are people look into just throw stones at callers and me. 158 00:13:15.200 --> 00:13:18.519 I don't care. Hey, Leanne, tell me you need a vehicle. 159 00:13:18.799 --> 00:13:22.320 Let me just tell you something, Leanne. It is a cold day in 160 00:13:22.360 --> 00:13:26.759 hell to get a vehicle donated nowadays. I know this because I'm trying to 161 00:13:26.759 --> 00:13:31.200 go through it myself with some of my as they call them, newcomers. 162 00:13:31.559 --> 00:13:35.480 I'm trying to help people who have asylum here in the country, who are 163 00:13:35.480 --> 00:13:39.279 getting jobs and need transportation. And I feel for you if you need a 164 00:13:39.360 --> 00:13:45.000 vehicle, it is very difficult use cars. People are keeping them now and 165 00:13:45.039 --> 00:13:50.240 then when they're not they're selling them. Now, tell me your situation, 166 00:13:50.399 --> 00:13:56.919 Leanne. Sure. So my situation is I actually have a sober living in 167 00:13:58.039 --> 00:14:03.080 Littleton, Colorado, the five bedroom home for women. And what we're doing, 168 00:14:03.120 --> 00:14:07.240 Tom is we are truly helping these women. We are trying to help 169 00:14:07.279 --> 00:14:09.759 them get their lives back on. That's wonderful. I love hearing this, 170 00:14:11.440 --> 00:14:15.759 okay. And with that, we are a nonprofit. And also, so 171 00:14:15.879 --> 00:14:18.919 you know a little about myself, I do this work for free. I'm 172 00:14:18.960 --> 00:14:22.360 in recovering myself. My passion is I know women can be saved and be 173 00:14:22.519 --> 00:14:28.039 sustaining and efficient in society. Again, however, our struggle right now is 174 00:14:28.080 --> 00:14:31.480 we do not have a home and I work full time. So I am 175 00:14:31.879 --> 00:14:35.600 working, Okay, I get it. So you guys, you guys need 176 00:14:35.639 --> 00:14:39.919 a vehicle for the home. Yes, and we do service work in the 177 00:14:39.960 --> 00:14:45.320 community. We are always helping others. That's totally different. That is very 178 00:14:45.480 --> 00:14:48.679 very won that's wonderful. Maybe we can. So, do you need something 179 00:14:48.759 --> 00:14:54.200 like for group rides or like taking the women places? Ords you need and 180 00:14:54.519 --> 00:14:56.559 what do you is that? What you like? A van? We need 181 00:14:56.679 --> 00:15:01.679 something that's going to be a five at least five passenger plus. These women 182 00:15:01.799 --> 00:15:05.759 also are fighting to get their children back, and I'm beyond excited to share 183 00:15:05.799 --> 00:15:11.120 that we have two women that are already getting custody back. We need to 184 00:15:11.159 --> 00:15:13.240 be able to go and pick them up from school. Whatever events we can 185 00:15:13.240 --> 00:15:18.159 include them in. We are part of events in the community, giving back. 186 00:15:18.240 --> 00:15:20.879 They need to make their meetings, they need to make their requirements for 187 00:15:22.039 --> 00:15:26.879 courts. They're doing it right. We just desperately need help and we do 188 00:15:26.000 --> 00:15:31.039 not qualify for funding from the state to purchase a vehicle. So we are 189 00:15:31.080 --> 00:15:35.000 hoping there's someone out there that would be able to help us. What would 190 00:15:35.039 --> 00:15:41.000 be an ideal vehicle? Ideal would be a small suv or a large suv. 191 00:15:41.440 --> 00:15:48.320 Okay, So you need or a van maybe or a van. Yes, 192 00:15:48.480 --> 00:15:54.159 absolutely, just something is just to be keeping in mind that would be 193 00:15:54.200 --> 00:15:56.720 easy enough to get around because of parking and all of that. But we 194 00:15:56.799 --> 00:16:00.200 absolutely are open to a van as well. We're open to anything that's just 195 00:16:00.279 --> 00:16:06.840 safe and reliable. And we've also partnered with a great organization that you've spoken 196 00:16:06.879 --> 00:16:08.759 about before. I don't recall the name, but the Hands of Carpenter I 197 00:16:08.799 --> 00:16:11.600 believe, yes, yes, hey, they're going to help make sure once 198 00:16:11.639 --> 00:16:17.240 we have a car donated, they've already committed to helping us keep it up 199 00:16:17.320 --> 00:16:19.279 and running. We just haven't found a car yet or a vehicle. I 200 00:16:19.320 --> 00:16:22.919 should say, you know what, I love helping if we can so kit 201 00:16:23.000 --> 00:16:26.759 China, make sure we have her information to get back and then let's put 202 00:16:26.759 --> 00:16:30.919 the word out. Man. I really want to get the word out. 203 00:16:30.039 --> 00:16:36.879 And you know, you guys can contact us about it or you do you 204 00:16:36.879 --> 00:16:38.080 want them to contact you directly? How do you want to do this, 205 00:16:38.200 --> 00:16:41.440 Leanne? I just don't want you fall in for any scams. Okay, 206 00:16:41.480 --> 00:16:44.799 if people say that's what I'm running into, would it be okay that they 207 00:16:44.879 --> 00:16:48.279 contact you? And I yes, it would be It would be make sure 208 00:16:48.279 --> 00:16:52.200 we get your information, Leanne. We would love to help you three all 209 00:16:52.240 --> 00:16:56.320 three seven and thank you to anyone anyone that can help. Thank you so 210 00:16:56.559 --> 00:16:59.759 very much. Okay, Leanne. So they're looking for an suv or a 211 00:16:59.840 --> 00:17:03.960 van and that they can help the ladies, the women at this sober living 212 00:17:03.000 --> 00:17:07.079 house. She's helping them get back on her feet, on their feet and 213 00:17:07.119 --> 00:17:11.920 get their children or their custody back. That's wonderful, really wonderful. By 214 00:17:11.960 --> 00:17:15.640 the way, Tom, what's going on with Excel Energy? What's happening. 215 00:17:15.680 --> 00:17:19.039 I'm going to check out my email, said, I guess you sent us 216 00:17:19.039 --> 00:17:23.119 an email, But what's going on? Sir? I did send you an 217 00:17:23.200 --> 00:17:26.319 email, and I sent you another one just a few minutes ago. You 218 00:17:26.359 --> 00:17:30.640 sent me a bill. Here and I see a bill and the bill is 219 00:17:30.680 --> 00:17:37.160 for nothing zero. Now that's the one that you received just a few minutes 220 00:17:37.200 --> 00:17:41.839 ago. Now, what are you calling about? Tell me the problem. 221 00:17:41.519 --> 00:17:47.880 The problem I've got is I don't think I'm receiving a full credit for the 222 00:17:48.000 --> 00:17:56.880 power of being produced by my solar panels. I sent you emails last week 223 00:17:56.759 --> 00:18:04.559 that show that I'm producing seven hundred and eighty kilowatts, but I'm only receiving 224 00:18:04.599 --> 00:18:08.880 credit for two hundred and forty. Yeah, but but hold on, you're 225 00:18:08.920 --> 00:18:12.720 producing seven eighty, you're getting credit for two forty. But let me, 226 00:18:14.160 --> 00:18:17.519 is this a net metering situation? Aren't you using the rest of it for 227 00:18:17.599 --> 00:18:21.440 your house? And then you get to sell what you're not using? And 228 00:18:22.039 --> 00:18:27.039 well, I'm still getting a bill for I don't have that. Wait a 229 00:18:27.079 --> 00:18:30.960 minute, Well, I got to look for your previous email here. I 230 00:18:30.279 --> 00:18:33.759 don't see it here for some reason. But hold on a second, though. 231 00:18:33.799 --> 00:18:37.680 That doesn't matter. I'll get it. Kachina will send it back to 232 00:18:37.720 --> 00:18:41.319 me, So I don't. I want to get one of our solar experts 233 00:18:41.319 --> 00:18:44.079 on too, So this is good. Hold on, I'll look at your 234 00:18:44.119 --> 00:18:48.200 email. We'll get one of our solar experts on three oh three seven one 235 00:18:48.519 --> 00:18:52.279 three talk three oh three seven to one three eight two five five. Surely 236 00:18:52.319 --> 00:18:56.160 a question on taxes coming up as well. We will help all of you. 237 00:18:56.359 --> 00:19:02.799 Just hang on and don't forget Grossman. This clinic I credit them with 238 00:19:03.119 --> 00:19:07.960 true health concierge service. That means, if you want to step it up 239 00:19:07.960 --> 00:19:11.240 a notch with your health, every three months, blood work, an exam, 240 00:19:11.359 --> 00:19:15.839 a consultation, every three months. Nothing can happen in three months. 241 00:19:15.839 --> 00:19:18.799 That's too bad, right, and then all of your prescriptions that you need 242 00:19:18.839 --> 00:19:23.400 in the program and your supplements covered really, including testosterone or whatever you need 243 00:19:23.480 --> 00:19:26.880 as a man or woman. I want you to call them to get started 244 00:19:26.880 --> 00:19:30.079 at two hundred and forty nine bucks. No obligation to go forward. That's 245 00:19:30.119 --> 00:19:33.880 for blood work and a consultation. See where you stand three zero three two 246 00:19:33.920 --> 00:19:45.880 three three forty two forty seven two three three forty two forty seven. Go 247 00:19:47.039 --> 00:19:51.279 with a sure thing Denver's Best roofer Excel Roofing dot com. You don't pay 248 00:19:51.279 --> 00:19:57.079 a cent until you're content. Time for an insurance check up free, no 249 00:19:57.160 --> 00:20:03.079 obligation in comparison, call help us insurance paying too much your coverage at dozens 250 00:20:03.079 --> 00:20:06.759 of insurance companies find out now three all three seven seven to one help. 251 00:20:06.920 --> 00:20:10.759 You'll think you're his only customer when you choose Frank durand the real estate Man 252 00:20:10.799 --> 00:20:15.240 dot com to list your home with Remax Alliance three all three nine two zero 253 00:20:15.400 --> 00:20:22.480 sixteen twenty two Himes, Tom Martine, your Troubleshooter three all three seven one 254 00:20:22.559 --> 00:20:26.519 three talk three all three seven one three A two five five. Welcome to 255 00:20:26.559 --> 00:20:30.720 the show. Let's talk Tom. What's going on with Excel. I did 256 00:20:30.720 --> 00:20:33.680 not see did you send that to me the other one? Oh? Yeah, 257 00:20:33.680 --> 00:20:38.400 I see it. Okay, do we have our solar expert? Not 258 00:20:38.519 --> 00:20:42.759 yet? Okay? Uh, then I might hold hold him off then for 259 00:20:42.799 --> 00:20:47.079 a sec. I'm looking at his bill here, and I think we should 260 00:20:47.119 --> 00:20:51.799 send one to her. Basically, it's showing what he produced. He's saying 261 00:20:51.799 --> 00:20:55.200 he's not getting credit. You know, net metering is a weird, weird 262 00:20:55.240 --> 00:20:59.000 situation with Excel. We can either get Brook or Mark, Mark Conkle or 263 00:20:59.039 --> 00:21:04.839 Brooke. So let's either get probd Energy dot com, Probit Energy dot com, 264 00:21:04.920 --> 00:21:11.599 or we'll get Brook at red Rocks rs dot com cool three all three 265 00:21:11.720 --> 00:21:15.799 seven one three eight two five five. Meanwhile, I'll talk to uh. 266 00:21:15.839 --> 00:21:21.519 Surely she has a question about taxes. Surely what's happening? Oh? Hi 267 00:21:21.599 --> 00:21:26.359 Tom. A couple of days ago, a family member passed away and we 268 00:21:26.480 --> 00:21:30.160 found out that, uh, he may have not been paying taxes for the 269 00:21:30.160 --> 00:21:37.079 black past twenty thirty years. Oh my good, wha twenty or thirty years? 270 00:21:37.480 --> 00:21:41.160 Right? Holy crap? I wonder how how did is is it a 271 00:21:41.160 --> 00:21:45.599 man or woman? How did he ar she get away with it? I 272 00:21:45.640 --> 00:21:49.119 don't know. He's been on disability most of most of the time, if 273 00:21:49.160 --> 00:21:56.759 not all of the time, and receiving a small pension. So I don't 274 00:21:56.799 --> 00:22:02.279 know. I just don't know. So my question is how is this handled 275 00:22:02.440 --> 00:22:07.079 and is it is it going to be the responsibility now of the personal rep 276 00:22:07.119 --> 00:22:14.880 to handle this? And if you know, if nobody pays, is there 277 00:22:14.920 --> 00:22:15.799 going to be problems with that? You know what? I think? We 278 00:22:15.880 --> 00:22:21.480 get one of our estate planning attorneys on Here's why. I'm not sure. 279 00:22:22.119 --> 00:22:26.200 I am almost positive that taxes are going to be a lean against the estate. 280 00:22:26.839 --> 00:22:30.599 But if they have not done that in thirty years, my main question 281 00:22:30.839 --> 00:22:37.480 is do they have a responsibility to seek out the I R s Now? 282 00:22:37.680 --> 00:22:41.000 Does this tell me about this guy? Will? Will? Will he have 283 00:22:41.240 --> 00:22:45.799 any wherewithal any money left? I mean not left? But what is in 284 00:22:45.839 --> 00:22:53.680 the estate? Let's start there really just personal items because he had a life 285 00:22:53.799 --> 00:23:00.160 estate deed. What does that mean? So the house went to some one 286 00:23:00.200 --> 00:23:07.039 else right upon his death, it went to his daughter and did she so 287 00:23:07.079 --> 00:23:11.799 she's already got in the house. When did he die? Onndy? Oh 288 00:23:11.920 --> 00:23:15.880 like oh my, okay, we're talking right now? Okay, yeah, 289 00:23:17.079 --> 00:23:22.279 yeah, So yeah, with the life of state need as you probably know 290 00:23:22.359 --> 00:23:27.599 that it immediately goes to who is the it's a it's a beneficiary Steed, 291 00:23:27.839 --> 00:23:32.759 it's a beneficiary Steed, So the how? But yeah, just giving him. 292 00:23:32.799 --> 00:23:40.079 But I believe, I believe beneficiaries deeds may even be subject to tax 293 00:23:40.119 --> 00:23:45.839 liens. But he hasn't had any tax collections or Leans has he no? 294 00:23:47.240 --> 00:23:52.319 So what would be interesting? Kachina? We really need to check with either 295 00:23:52.759 --> 00:23:59.559 with either one of our estate planning attorneys. We either kill and Park or 296 00:23:59.720 --> 00:24:04.680 McKay. We really need to check with him because I'm not sure if they 297 00:24:04.839 --> 00:24:10.039 I'm sure they've encountered this before. And I don't know the extent that you 298 00:24:10.200 --> 00:24:15.440 have to go to contact the irs and to admit to them they've never been 299 00:24:15.519 --> 00:24:19.319 filing. What do we do? I don't know what the answer is there. 300 00:24:19.440 --> 00:24:22.799 What you don't want to do is end up with personal liability because of 301 00:24:22.839 --> 00:24:29.640 it? Right now, hold on, Okay, surely we'll get We will 302 00:24:29.680 --> 00:24:33.039 get. I think this is better than a tax attorney we need. What 303 00:24:33.079 --> 00:24:41.359 we really need is someone with estate planning and dragon is she hearing me? 304 00:24:41.759 --> 00:24:51.519 Good? Let's bring up Mark now with probid Energy dot com, a solar 305 00:24:51.720 --> 00:24:59.920 business for sales installation and service full service. Now mark on on the Succel 306 00:25:00.160 --> 00:25:04.519 Energy thing. He doesn't understand his net metering or I don't understand it. 307 00:25:04.599 --> 00:25:08.440 But it doesn't look like he's getting credit. Tom, can you he's with 308 00:25:08.519 --> 00:25:11.279 Excel Energy. By the way, Tom, how long have you had your 309 00:25:11.279 --> 00:25:15.559 solar system? It's been right at one year? What size is it? 310 00:25:17.759 --> 00:25:21.680 I've got forty two panels. Okay, I don't know what that means. 311 00:25:21.680 --> 00:25:26.400 But and have you always since it's been activated? Have you always been paying 312 00:25:26.400 --> 00:25:33.400 on an electric bill? The first I'll say three months? No, I 313 00:25:33.519 --> 00:25:38.720 was getting credit. After that, starting in probably July or August, I 314 00:25:38.839 --> 00:25:47.799 started getting actual electric bills again. And how much are those electric bills compared 315 00:25:47.839 --> 00:25:51.599 to what would normally be an electric bill? Give me an idea. Well, 316 00:25:51.880 --> 00:25:55.839 for the pages I sent you, the one that's February of this year, 317 00:25:55.960 --> 00:26:02.720 my electric was two hundred and one before that in January it was twenty 318 00:26:02.880 --> 00:26:12.960 nine. And what would it normally be without the solar system. I'm really 319 00:26:14.000 --> 00:26:18.799 not sure it would have probably been I'll say seventy five dollars more each. 320 00:26:19.920 --> 00:26:23.640 So you're not saving all of a sudden, you were saving, you were 321 00:26:23.640 --> 00:26:29.359 not getting bills then all of a sudden, you started getting bills. Yes, 322 00:26:30.799 --> 00:26:36.680 the system went up in March. I had credits through August. In 323 00:26:36.759 --> 00:26:41.039 September I started. You're talking March twenty twenty three, got it, and 324 00:26:41.480 --> 00:26:47.640 you've had it since then. And then you started getting bills again when it 325 00:26:47.759 --> 00:26:52.759 would be September of last year. So you only did not have bills for 326 00:26:52.960 --> 00:27:00.160 March, April, May, June, July, August for six months? 327 00:27:00.160 --> 00:27:04.680 Correct? What do you think is going on? Mark? His system may 328 00:27:04.720 --> 00:27:11.920 be working properly. You know, February January are the lowest production months, 329 00:27:11.920 --> 00:27:17.000 so you're using up those net credits. What I'd love to do is help 330 00:27:17.039 --> 00:27:21.880 about take a look at his system, look at his bills and figure out 331 00:27:21.920 --> 00:27:26.000 what kind of solar system he has, and see if we can't dive in 332 00:27:26.079 --> 00:27:30.519 and do some Yeah, let's see what's going on. He can look at 333 00:27:30.519 --> 00:27:34.160 it. That's the good news. That would be fine. It may be 334 00:27:34.200 --> 00:27:40.160 working just fine. We always say wait a year, a full year from 335 00:27:40.240 --> 00:27:45.839 you from when you installed to then to see what you're producing. But Mark, 336 00:27:45.839 --> 00:27:49.160 I want to ask how if you could hold on? Because I want 337 00:27:49.160 --> 00:27:52.920 to ask how the net metering works when it comes to electric bills and when 338 00:27:52.920 --> 00:27:57.039 it comes to selling back, and when it might be better to have batteries. 339 00:27:57.079 --> 00:28:00.200 But Tom, here's what we're going to do. We're gonna give you 340 00:28:00.240 --> 00:28:06.200 Mark's number, and I'll give everyone his number two. But Tom, you 341 00:28:06.240 --> 00:28:08.680 can call him, or we can have Kachina get your number and have Mark 342 00:28:08.720 --> 00:28:14.039 call you. And he's at Probit Energy and we'll come right back to him 343 00:28:14.079 --> 00:28:17.920 and more. All of your calls at three oh three seven one three A 344 00:28:18.000 --> 00:28:30.200 two five five or three oh three Martino go with a sure thing Denver's best 345 00:28:30.279 --> 00:28:33.279 rufer Excel Roofing dot com. You don't pay a cent until you're content. 346 00:28:37.680 --> 00:28:41.240 Time for an insurance check up free, no obligation. In comparison, call 347 00:28:41.319 --> 00:28:45.279 Compass Insurance paying too much your coverage at dozens of insurance companies find out now 348 00:28:45.359 --> 00:28:48.640 three oh three seven to seven to one help. You'll think you're his only 349 00:28:48.759 --> 00:28:52.559 customer when you choose Frank Durand the real estate Man dot com to list your 350 00:28:52.599 --> 00:28:59.480 home with Remax Alliance three oh three nine two zero sixteen twenty two. Hi, 351 00:29:00.039 --> 00:29:04.119 you know here, I have Mark Hunkle with Appropriate Energy dot com a 352 00:29:04.160 --> 00:29:10.839 solar system dealer. They sell, they install the service, They help commercial 353 00:29:10.880 --> 00:29:14.079 and residential. But I have a quick question for you here on net metering. 354 00:29:14.240 --> 00:29:15.799 Now here's how I understood it. Tell me if I'm right or wrong. 355 00:29:17.079 --> 00:29:22.880 On a regular day where you have a lot of production your house, 356 00:29:22.160 --> 00:29:26.319 it goes to your house and then you use whatever you need to use. 357 00:29:27.279 --> 00:29:30.480 In fact, if you use all of it, you use all of it. 358 00:29:30.920 --> 00:29:33.559 If you use all of it and still need power, you automatically get 359 00:29:33.559 --> 00:29:38.599 from the grid and are charged for it. Then when you don't use all 360 00:29:38.640 --> 00:29:44.200 of it coming from the sun, or if you're not home or whatever, 361 00:29:44.799 --> 00:29:48.160 then the excess is sold back to the grid. Is that how it works 362 00:29:48.240 --> 00:29:55.000 or not? Mark yep. Essentially you're correct. Any excess is sent back 363 00:29:55.039 --> 00:29:59.759 through that net meter, and that net meter reads it going forwards and backwards, 364 00:30:00.680 --> 00:30:03.799 so it's a bi directional meter, and anything sent back is stored as 365 00:30:03.839 --> 00:30:07.880 a grid credit. And so in these winter months when the production is not 366 00:30:08.000 --> 00:30:15.519 great, you're pulling from those credits, and that's a net that that's basically 367 00:30:15.559 --> 00:30:19.200 what net energy. So you're pulling from those credits. Then how do batteries 368 00:30:21.200 --> 00:30:26.960 play into it? So batteries have gotten a little more interesting because we've got 369 00:30:26.200 --> 00:30:33.240 really expensive energy that we have to buy from Excel energy at certain times of 370 00:30:33.279 --> 00:30:37.680 the day, yep. And if you're not producing enough energy, you could 371 00:30:37.680 --> 00:30:45.079 pull from your battery and charge your home during those high rate times. If 372 00:30:45.119 --> 00:30:49.279 your system's not producing enough an offset that what is it twenty one cents of 373 00:30:49.359 --> 00:30:55.319 killoot hours. Now, if you sell to the grid during the high killowat 374 00:30:55.440 --> 00:31:00.440 hours, do you get more money for you for what you're selling. It's 375 00:31:00.440 --> 00:31:03.000 a net credit. It's not they shore up at the end of the year. 376 00:31:03.559 --> 00:31:07.680 But let's say you pay an average of fourteen and a half cents for 377 00:31:07.720 --> 00:31:11.759 a kill a lot hour. Excel reimburses you for that energy at the end 378 00:31:11.759 --> 00:31:15.279 of the year when they true up in about three or four cents. So 379 00:31:15.319 --> 00:31:22.079 it's not a it's not an investment, okay. But now some commercial systems 380 00:31:22.319 --> 00:31:26.759 have been able to turn a little positive cash flow on it. I want 381 00:31:26.759 --> 00:31:32.880 to know this. Is it impossible for residents to do that? Is it? 382 00:31:33.160 --> 00:31:34.680 Is it not worth it? In other words, residents, you just 383 00:31:34.720 --> 00:31:40.200 get your power and that's what you need. Don't worry about turning a profit. 384 00:31:41.119 --> 00:31:44.119 That's what I would do, because you're the ROI is out there to 385 00:31:44.119 --> 00:31:48.960 add excess panels. It's not a money maker. Someday it might be because 386 00:31:48.000 --> 00:31:55.039 they are going to need those homeowners and those batteries to use their power to 387 00:31:55.200 --> 00:32:00.119 agree. Mark Conkle, thank you probid energy dot Com three six two three 388 00:32:00.279 --> 00:32:04.880 fifteen thirty one. Now, surely, on this tax thing, I had 389 00:32:04.880 --> 00:32:07.799 a quick question. You said, for thirty years, he hasn't filed taxes. 390 00:32:07.839 --> 00:32:10.200 He died a few days ago. I want to ask some quick questions. 391 00:32:10.799 --> 00:32:15.240 You said he did not file, but you did not say he did 392 00:32:15.279 --> 00:32:21.880 not pay. So did he work and did they withdraw taxes? But he 393 00:32:21.920 --> 00:32:25.319 never filed to get a refund or filed to pay more? Was he working 394 00:32:25.720 --> 00:32:36.400 where they would withdraw taxes? No, he he was receiving social Security disability 395 00:32:36.680 --> 00:32:39.359 and a small pension. And I don't wait, wait, wait for thirty 396 00:32:39.440 --> 00:32:45.759 years. Much he was getting for thirty probably, I'm going to say most 397 00:32:45.799 --> 00:32:47.880 of the time, and maybe that's when he stopped paying. Is that when 398 00:32:47.920 --> 00:32:52.680 he quit work? I don't know. We haven't gotten that far into everything 399 00:32:52.759 --> 00:32:57.720 yet, but at this point, all we know is that he probably didn't 400 00:32:57.720 --> 00:33:04.920 pay for twenty thirty years, so social Security disability and what other income got 401 00:33:05.000 --> 00:33:12.680 a small pension in addition to that, right, and where was that from 402 00:33:12.880 --> 00:33:19.440 the dember water? Okay? Now, so okay, so you want to 403 00:33:19.480 --> 00:33:22.359 know do you pay where their taxes do on that? That's what I'm trying 404 00:33:22.359 --> 00:33:29.000 to figure out. And when it comes to social security disability, there are 405 00:33:29.039 --> 00:33:36.160 some guidelines on that the benefits have to exceed a certain threshold. Do you 406 00:33:36.240 --> 00:33:39.599 know how much he got? I do not. We haven't gotten that far 407 00:33:39.680 --> 00:33:45.720 into everything yet. We're still starting through papers. Okay. In other words, 408 00:33:45.200 --> 00:33:49.599 here, let's put it this way. The worst case scenario is eighty 409 00:33:49.640 --> 00:33:58.160 five percent of those benefits would be taxable, or fifty percent would be or 410 00:33:58.440 --> 00:34:01.559 there's a certain amount he wouldn't pay tax on, so that's going to count. 411 00:34:01.599 --> 00:34:07.480 And then on pension there they're taxable. I'm unless, of course, 412 00:34:07.799 --> 00:34:10.639 he had a special tax free one. I'm Tom Martinez. We have more 413 00:34:10.679 --> 00:34:16.440 coming up. Hold on go with a sure thing Denver's Best Roofer Excel roofing 414 00:34:16.559 --> 00:34:23.039 dot com. You don't pay a cent until you're content. Time for an 415 00:34:23.039 --> 00:34:29.880 insurance checkup free no obligation. Comparison call Compass insurance paying too much your coverage 416 00:34:29.920 --> 00:34:32.719 at dozens of insurance companies find out now three all three seven seven to one 417 00:34:32.880 --> 00:34:37.559 help. You'll think you're his only customer when you choose Frank durand the real 418 00:34:37.639 --> 00:34:42.159 estate Man dot com to list your home with Remax Alliance three all three nine 419 00:34:42.239 --> 00:34:59.239 two zero sixteen twenty two ripped so you don't have run as a cad. 420 00:35:00.519 --> 00:35:07.679 Shoot's gonna help. Come man, This is the Troubleshooter Show. No Tom 421 00:35:07.679 --> 00:35:13.039 Martine, Hi Tom Martino here, Welcome to the show. Three oh three 422 00:35:13.239 --> 00:35:16.480 seven one three talk for three seven one three eight two five five. What's 423 00:35:16.480 --> 00:35:20.960 going on in your life and how can we help you? This hour brought 424 00:35:21.000 --> 00:35:23.639 to you by Denverregen dot com. If you're looking for that weight loss supplement 425 00:35:23.960 --> 00:35:29.519 not supplement drug Semaglue Tide, they have it for two hundred and fifty bucks 426 00:35:29.519 --> 00:35:32.599 a month. That's with doctor consultations and all of the drugs and supplies. 427 00:35:34.119 --> 00:35:37.920 They're once a week injectibles. It's the unbelievable price of two hundred and fifty 428 00:35:37.960 --> 00:35:40.679 a month Denverregen dot com. As always, of course, check with your 429 00:35:40.679 --> 00:35:45.159 doctor before you go on any weight loss program and you can talk to their 430 00:35:45.239 --> 00:35:50.000 doctor. Two. Uh, let's let's talk to our one of our estate 431 00:35:50.039 --> 00:35:54.840 planning experts, Dan mackenzie McKenzie law about Shirley, and Shirley basically has a 432 00:35:54.920 --> 00:36:00.320 question and Dan, I'm gonna ask this question because you can't possibly know about 433 00:36:00.320 --> 00:36:04.760 this estate. But this guy worked for many years then retired, not retired, 434 00:36:04.760 --> 00:36:08.280 but has Social Security disability and a pension from work. So for about 435 00:36:08.280 --> 00:36:14.639 thirty years he's been on Social Security disability and a pension from work roughly and 436 00:36:14.920 --> 00:36:22.840 never filed taxes. And she surely, how do you know how long it's 437 00:36:22.840 --> 00:36:27.800 been since he filed? Who told you saw a family member? He had 438 00:36:27.840 --> 00:36:30.960 told a family member. And now that he's gone, you know, people 439 00:36:31.000 --> 00:36:36.480 are we're talking and trying to figure out what's going on. And he was 440 00:36:36.519 --> 00:36:40.960 on SSDI. So for now, what we think is when he stopped working 441 00:36:42.360 --> 00:36:49.280 about thirty years ago, went on SSDI and a pension, he wasn't filing. 442 00:36:49.320 --> 00:36:58.119 How old was he when he died seventy one? Jeez? Okay he 443 00:36:58.159 --> 00:37:04.199 had and he hadn't worked since forty years? Right, wow? For around 444 00:37:04.239 --> 00:37:07.880 that. Yeah, So here's the quick question for you, Dan mackenzie. 445 00:37:07.960 --> 00:37:12.960 Since you do a state law, does the irs put do they put leans 446 00:37:12.960 --> 00:37:19.719 on the states? Uh? No, but they might, I mean part 447 00:37:19.719 --> 00:37:22.760 of the process that there's a prodate going on, is letting the i R 448 00:37:22.880 --> 00:37:27.159 s know that you are now the fiduciary and that they should be contacting and 449 00:37:27.239 --> 00:37:30.559 dealing with you on tax issues related relating to the decedent. But let me 450 00:37:30.599 --> 00:37:36.039 ask you this, Are they obligated to contact the i R s? Do 451 00:37:36.159 --> 00:37:38.480 they what? Like? For example, do they have to file an estate 452 00:37:38.760 --> 00:37:44.800 return? No, they did not have to file on a state return unless 453 00:37:44.800 --> 00:37:49.360 than the state taxes do There could be other reasons to do that, but 454 00:37:49.480 --> 00:37:52.000 this is really I mean, that's a different tax and income taxes. So 455 00:37:52.119 --> 00:37:57.800 basically, basically that person dies, they don't file tax anymore. If he 456 00:37:57.880 --> 00:38:01.960 had been filing, yeah, I mean an income tax return would be due 457 00:38:02.000 --> 00:38:06.440 for whatever income here and in the year that he died, and if there's 458 00:38:06.480 --> 00:38:09.159 still income being produced by any asset that he owned, the estate could own 459 00:38:09.960 --> 00:38:14.679 owe an income tax going forward. So there is still some income tax obligations 460 00:38:14.719 --> 00:38:17.559 to be aware of. But for the most part, let's say the guy 461 00:38:17.599 --> 00:38:25.199 didn't file he dies, his daughter took the home in a beneficiary's deed. 462 00:38:25.960 --> 00:38:30.519 Can they ever come after her saying before you took that home, we should 463 00:38:30.000 --> 00:38:36.880 we owed he owed us money. Can they go retroactive on that. I 464 00:38:36.920 --> 00:38:39.880 don't think so. I think this is normally handled to the probably process, 465 00:38:39.880 --> 00:38:45.239 and it sounds like there probably is not one, right, So surely are 466 00:38:45.280 --> 00:38:53.079 you guys filing probate. No, there was a will and so the the 467 00:38:53.199 --> 00:38:58.840 personal his daughter. There was nothing to be transferred as what you're saying. 468 00:39:00.480 --> 00:39:05.800 No, not just minor you know, small items house are not transferable. 469 00:39:05.880 --> 00:39:09.199 Those are just taken. I'm asking you, was there anything that had to 470 00:39:09.239 --> 00:39:15.840 be ownership transferred? He has a couple of vehicles. I don't know how 471 00:39:15.840 --> 00:39:21.639 that's going to be handled. How is that handled? Dan? If he 472 00:39:21.719 --> 00:39:24.400 had less than eighty thousand dollars and no real estate. Once we've taken out 473 00:39:24.400 --> 00:39:29.119 the stuff that he had the beneficiaries on, he would go into the DMV 474 00:39:29.360 --> 00:39:32.039 and fill out it's called a small estate affidavit with them. They have their 475 00:39:32.039 --> 00:39:37.519 own version of that and that's not probate. That is not probate. That 476 00:39:37.679 --> 00:39:39.679 is just for way exactly what it sounds like, a small So it sounds 477 00:39:39.760 --> 00:39:44.880 to me like they don't have to do anything. Nobody there's no personal representative, 478 00:39:44.960 --> 00:39:51.679 right, Shirley, Well, his daughter was a personal personal rep on 479 00:39:51.719 --> 00:39:55.159 the wheel. So she's basically handling most you know, but there is no 480 00:39:55.360 --> 00:40:00.760 she didn't open probate. She doesn't plan on opening probate. Did he have 481 00:40:00.800 --> 00:40:07.679 any money in bank accounts. There was a little bit of money done in 482 00:40:07.760 --> 00:40:12.679 accounts that he shared with his daughter, so she they were both on the 483 00:40:12.719 --> 00:40:19.400 accounts. Yeah, so if they're jointly owned, which they probably are, 484 00:40:19.480 --> 00:40:22.599 then yeah, she's now the owner of those accounts. So that's what you 485 00:40:22.639 --> 00:40:29.840 don't see. You don't see basically anything coming up, do you. I'm 486 00:40:29.880 --> 00:40:32.199 not. I mean, I guess you know. I would always I'm not 487 00:40:32.239 --> 00:40:37.880 necessarily an income tax experts. I might recommend that you confer with an tax 488 00:40:38.000 --> 00:40:44.480 attorney, but I don't. Usually the probate process is where creditors go to 489 00:40:44.519 --> 00:40:46.000 get satisfaction. So I guess the I r S. You know, creditors 490 00:40:46.000 --> 00:40:51.559 can open a probate process, and the I R S is potentially a creditor 491 00:40:51.599 --> 00:40:53.719 here, so they could open a probate process, I suppose, but there's 492 00:40:53.719 --> 00:40:57.840 really nothing going through that process, So I just I don't know. So 493 00:40:57.920 --> 00:41:02.280 if you don't open a probate and everything is outside of probate, there is 494 00:41:02.320 --> 00:41:10.079 no person or air that has to contact anyone about anything. No, Yeah, 495 00:41:10.280 --> 00:41:14.480 creditors, it's up to them if they want to start that process. 496 00:41:15.079 --> 00:41:19.760 Surely it sounds to me like, you guys, just why was this concerning 497 00:41:19.800 --> 00:41:23.480 you personally? Surely? Why you Well, because I don't think there should 498 00:41:23.480 --> 00:41:29.400 be loose ends, especially when it you know, as they go through this 499 00:41:29.719 --> 00:41:35.960 process and start. Who doesn't sound like there's any loose end after here? 500 00:41:36.159 --> 00:41:38.880 Yeah, after hearing that he hadn't filed taxes, of course that's the concern, 501 00:41:38.960 --> 00:41:42.559 you know. Oh yeah, but there's no leans. They were never 502 00:41:42.599 --> 00:41:45.280 coming after him to collect. No one ever bothered him. I don't I 503 00:41:45.320 --> 00:41:51.280 don't see anything going on here. And uh and basically, uh, you 504 00:41:51.320 --> 00:41:54.920 know, there's no estate. I mean, there's no probate. Everything passed 505 00:41:54.920 --> 00:42:00.079 on. Uh. The cars will be a small estate AFFI David, And 506 00:42:00.119 --> 00:42:04.079 that's outside of probate. What kind of cars are we talking about, Shirley. 507 00:42:04.719 --> 00:42:08.360 Oh, they're older cars. They're probably not worth more than five six 508 00:42:08.400 --> 00:42:13.920 thousand dollars a couple of them. Okay, what do you guys plan on 509 00:42:14.000 --> 00:42:21.159 selling those? Well, right now his sons are are dealing with that. 510 00:42:21.559 --> 00:42:23.639 Okay, this is so new that everybody's trying to figure out what to do. 511 00:42:23.719 --> 00:42:29.760 And well, you know, by today's standards, at least, I 512 00:42:30.000 --> 00:42:36.559 like to believe this seventy one is not that old. I'm seventy, so 513 00:42:36.920 --> 00:42:42.400 you know, was it sudden. No, he's been ill for quite a 514 00:42:42.400 --> 00:42:46.760 while, okay, and he just you know, well, surely my best 515 00:42:46.760 --> 00:42:51.119 to the family, and listen, Dan mackenzie. If you need questions, 516 00:42:51.159 --> 00:42:53.800 if you need answers, if you not need questions, if you have questions 517 00:42:54.159 --> 00:42:58.280 and need answers, you want to talk to someone, I'll give you his 518 00:42:58.360 --> 00:43:05.960 number. He's uh, it'schaic law eight three three CO plans and that's eight 519 00:43:06.000 --> 00:43:14.440 three three CO for Colorado co Plans and then the website co Plans dot co. 520 00:43:15.440 --> 00:43:20.960 That's co Plans dot c. Oh. Remember, folks, a lot 521 00:43:21.000 --> 00:43:23.119 of times that is one of the reasons, not a lot of times, 522 00:43:23.800 --> 00:43:28.519 all the time, it's the reason not to have an estate that goes through 523 00:43:28.559 --> 00:43:34.639 probate is to avoid any problems like this, people putting claims. Again, 524 00:43:35.719 --> 00:43:38.599 it takes an estate plan to do that. And that's what a lot of 525 00:43:38.639 --> 00:43:44.679 people don't understand. Three oh three seven one three eight two five five. 526 00:43:45.119 --> 00:43:53.159 So we have more coming up right after this. Go with a sure thing 527 00:43:53.280 --> 00:43:58.679 Denver's best roofer Excel Roofing dot com. You don't pay a cent until you're 528 00:43:58.760 --> 00:44:05.719 content of time for an insurance check up free, no obligation. In comparison, 529 00:44:05.840 --> 00:44:09.760 call Compass Insurance paying too much your coverage at dozens of insurance companies find 530 00:44:09.760 --> 00:44:13.719 out now three all three seven to seven to one. Help. You'll think 531 00:44:13.760 --> 00:44:16.760 you're his only customer when you choose Frank durand the real estate Man dot com 532 00:44:16.800 --> 00:44:22.480 to list your home with Remax Alliance three all three nine two zero sixteen twenty 533 00:44:22.519 --> 00:44:31.119 two. Hi Tom Martino, your troubleshooter. I need a TikTok expert to 534 00:44:31.159 --> 00:44:36.519 find out why I got my ass kicked off. I was on TikTok oh. 535 00:44:36.559 --> 00:44:38.880 Well, I had a vacant, empty account for a while, and 536 00:44:38.920 --> 00:44:44.440 then I decided to post some videos. I post three videos and get I 537 00:44:44.480 --> 00:44:49.480 get banned. I go to log on, it says account suspended. Then 538 00:44:49.519 --> 00:44:52.320 I say, you think you can't log on so you can't ask why. 539 00:44:53.199 --> 00:44:59.960 I had no idea why. The videos were about banks shutting down accounts for 540 00:45:00.119 --> 00:45:05.079 so called cyber security or fraud. They just shut you down and then they 541 00:45:05.119 --> 00:45:07.440 say, well we suspected fraudulent activity. But then they never tell you what 542 00:45:07.480 --> 00:45:13.800 that fraudulent activity is, and then some other meaningless videos they had nothing to 543 00:45:13.800 --> 00:45:16.239 do with anything, and I get shut down. Anyway, Rodney, you 544 00:45:16.320 --> 00:45:20.280 got a question on dating a house? Hi? Rod what's happening? Hi? 545 00:45:20.840 --> 00:45:23.920 Yeah, Tom, I'm eighty five. I've got a house. Damn 546 00:45:24.039 --> 00:45:28.239 you. Old people are calling me today, Rodney. I don't talk to 547 00:45:28.280 --> 00:45:31.760 people older than me anymore. That's my new rule. Anyway, So listen. 548 00:45:31.840 --> 00:45:36.199 No, I'm serious when I say this, and you probably sound you 549 00:45:36.239 --> 00:45:37.760 don't sound eighty five. I don't know what that means. I swear to 550 00:45:37.760 --> 00:45:40.400 God, I don't know what that means. But anyway, keep going. 551 00:45:42.440 --> 00:45:45.079 Well anyway, the house is in my name. I bought it several years 552 00:45:45.119 --> 00:45:51.480 ago, twenty ten, and he just want me to beat the house over 553 00:45:51.519 --> 00:45:54.559 to him. Who does who? Son? No, No, don't do 554 00:45:54.639 --> 00:45:58.280 it. That's that's the wrong way to do it. He will. You'll 555 00:45:58.360 --> 00:46:01.920 ruin all of your tax benefits, all of them. Okay, Can I 556 00:46:02.199 --> 00:46:07.000 can I explain? Why? Go ahead? First? I want to ask 557 00:46:07.079 --> 00:46:08.960 you, why does you want the house now signed over to him before you 558 00:46:09.039 --> 00:46:17.559 die, so that it would avoid assume probate? Okay, and your son 559 00:46:19.280 --> 00:46:22.519 I don't like using this word. He's a moron. Well, no, 560 00:46:22.639 --> 00:46:25.239 that's insulting my YouTube people. I call it aone. No, your son's 561 00:46:25.280 --> 00:46:28.599 not too smart there when it comes to that, let's put it that way. 562 00:46:28.639 --> 00:46:30.960 What did your son do for a living out of curiosity? He's a 563 00:46:31.039 --> 00:46:36.280 self employed photographer? There you go, right there. He's an artist that 564 00:46:36.360 --> 00:46:39.599 tells you everything right there. Hey, on a serious note, Rodney, 565 00:46:40.000 --> 00:46:47.760 what did you buy your house for one? One fifty? I think it 566 00:46:47.840 --> 00:46:53.880 is. What is it worth now? About three seventy? Okay? Now 567 00:46:55.960 --> 00:47:04.199 how long you got left? If that's the will hold on your three fifty. 568 00:47:04.480 --> 00:47:07.440 Let's let's just figure this out. Let's let's say it goes up to 569 00:47:07.480 --> 00:47:10.320 four hundred. It's going to but okay, and you bought it for one 570 00:47:10.400 --> 00:47:20.079 fifty, So now you got two hundred and fifty in gain if you If 571 00:47:20.119 --> 00:47:24.920 you give it to him now, he'll have he'll have to go back to 572 00:47:25.000 --> 00:47:30.000 your basis if he ever wants to sell it. Even if he keeps it 573 00:47:30.039 --> 00:47:34.320 for ten years, it'll be worse. No matter how long he keeps it, 574 00:47:35.239 --> 00:47:42.199 his original basis in that house will be one fifty. Bad news. 575 00:47:42.880 --> 00:47:47.280 Okay. Now, if you want to avoid probate, which is a good 576 00:47:47.280 --> 00:47:52.920 idea if you can, there's nothing wrong with probate. But but you you 577 00:47:52.039 --> 00:47:57.679 really can avoid probate. Sometimes you can. But let's say he wants to 578 00:47:57.719 --> 00:48:01.840 avoid probate, you do it beneficiary deed. A lot of people call them 579 00:48:01.880 --> 00:48:07.000 life's estates, and other states they call them ladybird deeds. What it means 580 00:48:07.039 --> 00:48:12.960 is it's Rodney's house. Rodney can change that beneficiary's deed to maybe a new 581 00:48:13.000 --> 00:48:15.480 girlfriend if he wants, or back to his son. He can do whatever 582 00:48:15.480 --> 00:48:21.519 he wants. It's not irrevocable. But you make a beneficiary deed. Your 583 00:48:21.519 --> 00:48:23.559 son doesn't need to prove it. No one has to approve it except you, 584 00:48:24.840 --> 00:48:30.000 and you put him on it on the day of your death, which 585 00:48:30.039 --> 00:48:31.639 I hope is many years in the future, because you're old enough now to 586 00:48:31.639 --> 00:48:39.119 be president. You could Rodney in the future when you pass, your son 587 00:48:39.760 --> 00:48:47.480 will automatically have that house outside of probate already. Then it's valued on the 588 00:48:47.599 --> 00:48:53.079 day of your death. So let's say it's valued as we said, let's 589 00:48:53.079 --> 00:48:58.480 say it's four hundred. Then if he sells it, what's he going to 590 00:48:58.559 --> 00:49:02.119 sell it for or for one or four to five or whatever, four hundred 591 00:49:02.119 --> 00:49:07.920 and five whatever, and he's not going to have any taxes hardly any or 592 00:49:07.960 --> 00:49:10.920 if he keeps it for five or ten years, his basis will now be 593 00:49:12.039 --> 00:49:16.159 four hundred thousand instead of one point fifty. Do you get that? Yes? 594 00:49:16.800 --> 00:49:24.280 Good, there's your answer. Get a beneficiaries deed. And instead of 595 00:49:24.480 --> 00:49:29.519 don't let your son do it he's an artist, you do it. Call 596 00:49:29.639 --> 00:49:36.440 mackenzie law. It's a lumber. Yeah, it's eight yeah, yeah, 597 00:49:36.440 --> 00:49:39.480 you got to know. Okay, it's easy and cheap, but that's what 598 00:49:39.519 --> 00:49:42.599 you do. What else do you own, Rodney? Maybe you want to 599 00:49:42.679 --> 00:49:46.480 leave something to me. No, but really, but seriously, what do 600 00:49:46.519 --> 00:49:50.400 you own? Like let's talk about probate and avoiding. What do you own? 601 00:49:50.599 --> 00:49:54.840 Well, I've already I've already I sold him my car because I was 602 00:49:54.840 --> 00:50:00.960 in the car accidence in last January and I had to stop driving, yeah 603 00:50:01.239 --> 00:50:07.920 Ruber in August. So I still drive the car, but he sold it 604 00:50:07.920 --> 00:50:12.599 to him so I can drive it. But other than the house, I 605 00:50:12.760 --> 00:50:16.199 really own just the household goods in the house. That's it is your house 606 00:50:16.239 --> 00:50:24.440 paid for? No, I think it's about about now is a balance? 607 00:50:25.079 --> 00:50:32.159 Okay, Now here's the deal. You you shouldn't need any probate. Then 608 00:50:32.480 --> 00:50:35.840 you don't have a lot of money in the bank or stocks or bonds or 609 00:50:35.880 --> 00:50:38.039 anything. Right you can put right now, you can put payable on death 610 00:50:38.079 --> 00:50:45.320 certificates on you can do payable on death certificates on those. Okay. Now 611 00:50:45.000 --> 00:50:50.039 another question for you, Rodney, what do you do for your health? 612 00:50:52.000 --> 00:50:54.119 I have been a care No, no, I'm talking about why do you 613 00:50:54.199 --> 00:50:58.679 sound so spry? Are you in good health? I'm in good health? 614 00:50:58.719 --> 00:51:04.039 Does that work every day? What do you do? I help companies return 615 00:51:04.119 --> 00:51:08.639 money from the government on the program where that they received five hundred and seventy 616 00:51:08.639 --> 00:51:14.360 three dollars per employee, and we give them a health product on top of 617 00:51:14.400 --> 00:51:16.360 that. And every wait a minute, you're not talking about that, that 618 00:51:16.360 --> 00:51:20.559 that COVID tax credit crap, are you? No? No, no, 619 00:51:20.559 --> 00:51:22.719 no, it has nothing to do with that. What is the five hundred 620 00:51:22.719 --> 00:51:27.920 and something for you? Got my curiosity? That is that is a that 621 00:51:28.000 --> 00:51:34.719 is a return of It goes through the payroll taxes of the employee. Yeah, 622 00:51:34.760 --> 00:51:39.199 and it is a it's called it called the Champion program. And what 623 00:51:39.239 --> 00:51:46.400 we do is I contact companies and they are returned five hundred and seventy three 624 00:51:46.480 --> 00:51:52.480 dollars per employee every year. So if they have one hundred employees, they 625 00:51:52.480 --> 00:51:54.719 get uh. But for what reason, though, Rodney, I don't understand 626 00:51:54.800 --> 00:52:00.840 why does the government return five hundred and sixty dollars per employee? Why that 627 00:52:00.920 --> 00:52:05.920 comes out of the payroll taxes? I I really uh don't go into the 628 00:52:05.960 --> 00:52:09.400 details. So are you telling me that anybody's a business with employees can do 629 00:52:09.440 --> 00:52:14.280 this? Anybody with employees can do this? Yes? And the name of 630 00:52:14.320 --> 00:52:20.159 the program is what it's called the Champion program. Okay. And then and 631 00:52:20.199 --> 00:52:22.480 then on top of that, you become their champion because you're doing this. 632 00:52:23.320 --> 00:52:27.320 Uh. And then as a result of that, you sell them health insurance 633 00:52:27.400 --> 00:52:30.679 or what. No, No, no, we don't sell anything. We 634 00:52:30.840 --> 00:52:36.000 give them a health product, the supplemental product, and it covers a lot 635 00:52:36.000 --> 00:52:39.880 of things that their uh permanent insurance does maybe not pay. Or they can 636 00:52:40.000 --> 00:52:45.239 use this program instead of using their regular health insurance, which would raise the 637 00:52:45.280 --> 00:52:49.760 previous if they use it. But then you but you are selling that supplement 638 00:52:49.800 --> 00:52:52.920 then right, No, we're giving that to them. There's them there's no 639 00:52:52.960 --> 00:52:54.400 sell to it. It's just including wait wa wha, wha whoa, whoa, 640 00:52:54.400 --> 00:52:58.440 whoa. Wait wait wait wait wait, what do you mean you're giving 641 00:52:58.480 --> 00:53:02.920 it to them? Well, we sign them up for this program free of 642 00:53:04.039 --> 00:53:09.760 charge. If they have a say a car dealership that has a thousand employees, 643 00:53:10.239 --> 00:53:15.760 they would reach about a half a million dollars every year in refund. 644 00:53:17.400 --> 00:53:21.239 I can send you some information on it and you take a look. Okay, 645 00:53:21.519 --> 00:53:24.320 I get the refund part. Now I want to know this supplement part 646 00:53:24.360 --> 00:53:28.679 that you give them free? What does how do you do that? I 647 00:53:28.719 --> 00:53:31.840 mean, what what is the incentive for this health supplement? Whatever it is? 648 00:53:31.960 --> 00:53:36.719 What is it? Is it a literally just say what it is? 649 00:53:36.760 --> 00:53:40.360 This is free advertising for you. What is it? It's just a supplement 650 00:53:42.519 --> 00:53:47.840 that includes When you say a supplement, do you mean an insurance supplement like 651 00:53:49.159 --> 00:53:54.000 where you put claims in. Yes, and you get money back for those 652 00:53:54.039 --> 00:54:00.480 claims. Well, they get money back on the on the insurance. If 653 00:54:00.519 --> 00:54:07.199 they have a health situation, they get it's paid for it, by the 654 00:54:07.239 --> 00:54:09.159 way. But if they're not paying for this program, how is it possible 655 00:54:09.199 --> 00:54:16.880 this supplement possible? Hey Rodney, I don't mean to stump you, bro, 656 00:54:16.960 --> 00:54:22.400 but you these programs, you know you're explaining and you called it the 657 00:54:22.519 --> 00:54:24.719 Champion Program for the money. But it's not connected to this other one, 658 00:54:24.800 --> 00:54:29.719 right, they're two separate things. No, it's all included in the one 659 00:54:29.760 --> 00:54:34.400 program. Well, one program. But what's the health supplement called what's that 660 00:54:34.559 --> 00:54:39.360 called? That's that's called the Champion program. That's called the Champion program too? 661 00:54:40.440 --> 00:54:46.239 Yes, And what company sponsors this program? Do you don't mind talking 662 00:54:46.239 --> 00:54:50.119 about this? Are you right? I mean, I'm just fascinated by it. 663 00:54:50.800 --> 00:54:55.599 No, it's it's our company is called Tax Advocates that I work through. 664 00:54:57.239 --> 00:55:01.239 And as a result of the the program that we have, as I 665 00:55:01.280 --> 00:55:07.960 say, if if a if a company has any more than ten employees, 666 00:55:07.960 --> 00:55:12.880 they qualify to join the program. And one of my associates just sold the 667 00:55:12.880 --> 00:55:17.880 company with twenty two thousand employees and they're receiving seventy eight million dollars in refund 668 00:55:19.559 --> 00:55:27.159 Oh come on for a large company. Fantastic. Because does the Champion Program 669 00:55:27.239 --> 00:55:37.559 have a website? Uh? I don't know if anyone's finding this fascinating, 670 00:55:37.599 --> 00:55:45.880 but I am. Yeah. Well let me uh see, just like people, 671 00:55:45.880 --> 00:55:49.559 this is what somebody on This is what some people are feeding back right 672 00:55:49.599 --> 00:55:52.719 now by text and on YouTube. They're saying it sounds now I'm not telling 673 00:55:52.760 --> 00:55:55.119 you this, rod asked, where to you? It sounds like a scam. 674 00:55:55.440 --> 00:55:59.920 It sounds like there's got to be a catch. What is the catch? 675 00:56:00.360 --> 00:56:05.880 No, I understand, but what are we not hearing? Well? 676 00:56:07.599 --> 00:56:15.559 The Champion hialth is it? What it is? Is it? It's called 677 00:56:15.679 --> 00:56:19.199 Champ plan? If this is what I'm finding out now when I've been searching, 678 00:56:19.679 --> 00:56:27.639 a self funded employers, employer sponsored plan that supplements health insurance. Right, 679 00:56:28.440 --> 00:56:35.760 It's designed to provide additional options for healthcare cost to employers, and they 680 00:56:35.800 --> 00:56:42.920 can implement it and save on FIKA taxes if they implement the Champ Plan. 681 00:56:43.920 --> 00:56:52.280 Employees voluntarily enroll and they contribute through a tax, a pre tax payroll deduction, 682 00:56:52.199 --> 00:56:57.480 and these deductions lower the employer's cost. You know what, I got 683 00:56:57.480 --> 00:57:01.079 to tell you something. It's important to note that this program is not the 684 00:57:01.199 --> 00:57:07.519 employee Retention Credit. It's not that. No, it has nothing. Okay, 685 00:57:07.880 --> 00:57:12.480 Now, I'm going to tell you something. Very seldom, and I'm 686 00:57:12.599 --> 00:57:17.280 very serious when I say this, very seldom do I ever hear anything new 687 00:57:17.679 --> 00:57:23.679 ever. Now, why the hell, Rodney, why the hell haven't we 688 00:57:23.760 --> 00:57:30.760 heard about this before? This Champ Plan? Well, it's been around for 689 00:57:30.800 --> 00:57:37.039 a long time and one of the one of the people that is on it. 690 00:57:37.079 --> 00:57:39.360 And we have a list of companies that are already on it, and 691 00:57:39.400 --> 00:57:47.760 one of them is the Pickley Wiggly Stores. And who do you sell to? 692 00:57:50.719 --> 00:57:58.079 I go to businesses, any any business that wants to save the money. 693 00:57:58.239 --> 00:58:00.000 But here's what I want to know. They say, it's a self 694 00:58:00.039 --> 00:58:08.480 funded employer sponsored health supplement plan. Okay. It supplements traditional medical insurance so 695 00:58:08.519 --> 00:58:14.039 they can carry They not only save doing this, but they save on medical 696 00:58:14.039 --> 00:58:20.599 insurance because they can get plans with higher deductibles and stuff right right right, 697 00:58:20.679 --> 00:58:25.880 rod. And it covers preventive services for adults eighteen and nog and we have 698 00:58:28.119 --> 00:58:31.960 preventive services for women. Okay, I need to get someone on from your 699 00:58:32.000 --> 00:58:37.400 company to talk about this on my show to do that, and listen, 700 00:58:37.480 --> 00:58:40.400 I'm not trying to trick them. I'm truly trying to I'm looking this up 701 00:58:42.599 --> 00:58:47.679 and there's nothing there. It's all. This is also called a qualified Section 702 00:58:47.880 --> 00:58:53.079 one twenty five plan. Have you heard it called that? Yes, it's 703 00:58:54.159 --> 00:59:00.119 funded by employees. They take out now employees have to up and pay for 704 00:59:00.199 --> 00:59:07.880 it with pre tax dollars and then the company. Because they're saving the money, 705 00:59:07.920 --> 00:59:15.760 they pay back the money that the employer pays employee pays whether But that's 706 00:59:15.760 --> 00:59:22.559 why there is actually no out of pocket cost for anyone employee. Okay, 707 00:59:22.599 --> 00:59:27.000 listen, man Rodney, leave your contact information and then tell us who we 708 00:59:27.039 --> 00:59:29.920 can call at your company to find out more about this. No, I'm 709 00:59:29.960 --> 00:59:34.239 serious when I tell you this. I very seldom hear new stuff, and 710 00:59:34.320 --> 00:59:37.280 it does sound. It sound as scammy at first, and then all of 711 00:59:37.320 --> 00:59:43.760 a sudden, bingo, I hear something like this. We got more coming 712 00:59:43.880 --> 00:59:52.960 right up. Go with a sure thing Denver's Best roofer Excel Roofing dot com. 713 00:59:53.000 --> 01:00:00.599 You don't pay a cent until you're content. Time for an insurance check 714 01:00:00.679 --> 01:00:04.960 up free, no obligation. In comparison, call Compass Insurance paying too much 715 01:00:05.079 --> 01:00:08.119 your coverage at dozens of insurance companies find out now three all three seven to 716 01:00:08.119 --> 01:00:12.559 seven to one. Help. You'll think you're his only customer when you choose 717 01:00:12.559 --> 01:00:16.000 Frank durand the Real estate Man dot com to list your home with Remax Alliance 718 01:00:16.239 --> 01:00:24.599 three all three nine two zero sixteen twenty two. Hey Tom Martino, you're 719 01:00:24.800 --> 01:00:30.159 troubleshooter. The more I'm reading about this plan one twenty five plan, this 720 01:00:30.440 --> 01:00:37.159 Champ plan, the more incredible it sounds. For I would say, you 721 01:00:37.199 --> 01:00:43.639 got you know, medium to large companies. The government has established us. 722 01:00:43.679 --> 01:00:49.159 I knew nothing about it. The government establishes it. It's kind of like 723 01:00:49.199 --> 01:00:54.119 a medical savings account, but it's sponsored by the company. Employees put money 724 01:00:54.119 --> 01:01:07.360 away pre tax to supplement their health insurance, and then on top of that, 725 01:01:07.400 --> 01:01:16.360 the employer gets a credit for implementing this plan up to five hundred dollars 726 01:01:17.639 --> 01:01:23.480 per employee or more. No, seriously, if you have one hundred employees, 727 01:01:25.239 --> 01:01:29.960 think about that. Put the zero's in the right place. That's fifty 728 01:01:29.960 --> 01:01:35.719 grand, right, I mean, that's better, as they say, than 729 01:01:35.719 --> 01:01:42.159 a hot stick in the face. Also, I'm asking you to find out 730 01:01:42.199 --> 01:01:45.159 why I've been banned from TikTok. I need a TikTok expert. So if 731 01:01:45.159 --> 01:01:49.800 you have a fourteen year old, let me know, have them call me. 732 01:01:50.079 --> 01:01:54.239 Anybody who's an expert on TikTok. Seriously look them up, Kachina. 733 01:01:54.280 --> 01:01:57.880 I want to find an expert. Let me see if I can get my 734 01:01:57.960 --> 01:02:05.039 daughter on okay, or or we could like get a firm that calls themselves 735 01:02:05.039 --> 01:02:10.119 a social media expert and some of them actually call themselves TikTok experts. And 736 01:02:10.159 --> 01:02:15.480 again people have asked me, and I've said it before, but I'll say 737 01:02:15.480 --> 01:02:20.840 it again because I'm getting the inquiries on my texting. You can text, 738 01:02:20.960 --> 01:02:23.159 I should give that number one. You can text five seven seven three nine. 739 01:02:23.159 --> 01:02:28.679 By the way, five seven seven thirty nine. That is our text, 740 01:02:28.760 --> 01:02:36.360 okay. And anyway, they've asked me to tell them about the videos. 741 01:02:36.400 --> 01:02:42.079 I'll do that coming up. There were specific videos that I did for 742 01:02:42.519 --> 01:02:45.880 TikTok O. Well no, no, not just for TikTok. I did 743 01:02:45.880 --> 01:02:51.480 them on other platforms, never had a problem. But on TikTok boom Band. 744 01:02:52.320 --> 01:02:55.119 I don't understand it, folks. I don't know which one triggered it, 745 01:02:55.199 --> 01:02:59.519 but that's what happened to me. So can someone tell me why? 746 01:02:59.559 --> 01:03:05.119 Anyway? Meanwhile, your calls three oh three seven one three talk three oh 747 01:03:05.159 --> 01:03:09.400 three seven one three eight two five five. If you need help information referrals, 748 01:03:09.440 --> 01:03:12.719 give me a call. We have more coming up, and I want 749 01:03:12.719 --> 01:03:16.000 to tell you about frankaranderealestate man dot com, who does free market valuations of 750 01:03:16.039 --> 01:03:20.519 your home and in this market, that's what you need. It is absolutely 751 01:03:20.559 --> 01:03:22.599 no gimmick. He will give you a complete analysis of your home, what 752 01:03:22.639 --> 01:03:24.760 it will sell for, what you will clear, and what you can buy, 753 01:03:24.880 --> 01:03:29.920 all free of charge. Three oh three nine two zero sixteen twenty two. 754 01:03:29.920 --> 01:03:37.320 Francd around the real estate Man dot com. Go with a sure thing 755 01:03:37.440 --> 01:03:42.840 Denver's best roofer Excel Roofing dot com. You don't pay a cent until you're 756 01:03:42.920 --> 01:03:49.880 content. Time for an insurance check up free, no obligation. In comparison, 757 01:03:50.000 --> 01:03:53.920 call Compass Insurance paying too much your coverage at dozens of insurance companies find 758 01:03:53.920 --> 01:03:57.880 out now three oh three seven to seven to one. Help. You'll think 759 01:03:57.920 --> 01:04:00.920 you're his only customer when you choose for durand the real Estate Man dot com 760 01:04:00.960 --> 01:04:05.639 to list your home with Remax Alliance three oh three nine two zero sixteen twenty 761 01:04:05.679 --> 01:04:12.639 two. Hey Tom Martino here three three seven to one to three talks seven 762 01:04:12.679 --> 01:04:15.440 one three eight five. I'm getting a lot of feedback about the TikTok. 763 01:04:15.119 --> 01:04:19.880 I got some texts. I got an email from Deputy Chopper. Okay, 764 01:04:19.920 --> 01:04:25.199 first Deputy Chopper, what are you kidding me? I did not I'm not 765 01:04:25.440 --> 01:04:29.639 underage. There could be an overage. Who knows what? Anyway? Impersonating 766 01:04:29.679 --> 01:04:34.239 another person. No showing real world violence or torture. I hadn't planned on 767 01:04:34.280 --> 01:04:41.480 doing that right now. I was gonna wait and then sharing inappropriate content that 768 01:04:41.519 --> 01:04:45.519 promotes bullying, drugs, alcohol, nudity. Well, I did do my 769 01:04:45.599 --> 01:04:50.559 post naked. I forgot to tell you guys that I was naked sitting on 770 01:04:50.599 --> 01:04:55.039 the desk, but I had my legs crossed, so that could be the 771 01:04:55.039 --> 01:05:00.400 reason. Violent or graphic. Of course it wasn't spam. I don't know 772 01:05:00.480 --> 01:05:04.480 misinformation. You know you could disagree with me on stuff network marketing. No 773 01:05:05.119 --> 01:05:09.360 having kids in your content? What are you kidding me? I see people 774 01:05:09.360 --> 01:05:13.360 with their kids and their content every single day. What the hell you have 775 01:05:13.440 --> 01:05:16.320 to tell them? What I told you? Hayley told me to tell you 776 01:05:16.840 --> 01:05:23.599 shut up. So she gets Katschina calorie, She gets her daughter on as 777 01:05:23.639 --> 01:05:26.000 an or talks to her daughter off the air as an expert, and the 778 01:05:26.079 --> 01:05:30.920 daughter says, first of all that one of the reasons could be that the 779 01:05:30.360 --> 01:05:35.039 accounts set idle for so long and then all of a sudden I started posting, 780 01:05:35.079 --> 01:05:39.079 so it was suspended. Now you would think once I start posting it, 781 01:05:39.079 --> 01:05:41.880 I would think, good, he started using it. But that could 782 01:05:41.960 --> 01:05:45.840 be suspicious. The next thing that was suspicious or not suspicious, but she 783 01:05:46.000 --> 01:05:51.559 had the expert, had to say. The TikTok expert Katschina Calorie's daughter, 784 01:05:51.679 --> 01:05:58.639 so I'll call her Kachina light. She said, I'm too old for TikTok 785 01:05:58.719 --> 01:06:03.360 and she'd go to reels on Instagram. Well, thank her for her expertise. 786 01:06:05.199 --> 01:06:10.480 Now, I I do agree, by the way, that I think 787 01:06:10.519 --> 01:06:15.159 it's stupid when you go on TikTok and see these old farts trying to dance 788 01:06:15.239 --> 01:06:16.599 and sing like the youngins. You know, I mean, come on, 789 01:06:16.960 --> 01:06:20.559 I mean truly, you have to know when to fold them right. You 790 01:06:20.599 --> 01:06:24.559 gotta know it. Hold on, hold on, that's not exactly what she 791 01:06:24.719 --> 01:06:27.960 said. She said I'm too old. No, she did not. She 792 01:06:28.400 --> 01:06:34.159 said, at his age, it would probably be more apt to use reels 793 01:06:34.280 --> 01:06:41.159 on Instagram. Well, okay, then interpret that for me, dragon, 794 01:06:41.599 --> 01:06:45.280 Dragon? Would you interpret that for me? Your old ass needs to use 795 01:06:45.280 --> 01:06:49.440 a simpler program. It's not the program she meant. She meant the audience 796 01:06:49.519 --> 01:06:55.400 right, did both good? The Instagram is atle bit easier. You don't 797 01:06:55.400 --> 01:06:58.440 think I'm technical. You don't think I'm technological? What are you kidding me? 798 01:06:59.000 --> 01:07:02.679 Come on, push buttons. Here's the other thing. Here's the other 799 01:07:02.719 --> 01:07:09.039 thing. I just want to say that I do agree that TikTok, but 800 01:07:09.119 --> 01:07:11.719 I don't go on there and dance and sing and do that crap. I 801 01:07:11.800 --> 01:07:14.519 went on there and gave consumer information. I thought, hey, that's pretty 802 01:07:14.519 --> 01:07:17.000 credible if people want to learn something. But maybe it's not the form for 803 01:07:17.079 --> 01:07:19.880 me. Maybe I should just give it up. I don't know. I 804 01:07:20.000 --> 01:07:24.360 want an opinion. I'm Tom Martinez. We have more coming up. Get 805 01:07:24.360 --> 01:07:30.360 your calls in okay, three oh three seven to one three talk Go with 806 01:07:30.440 --> 01:07:33.639 a sure thing Denver's Best roofer Excel Roofing dot com. You don't pay a 807 01:07:33.719 --> 01:07:41.920 cent until you're contenth Please time for an insurance check up free, no obligation. 808 01:07:41.960 --> 01:07:45.440 In comparison, call Compass Insurance paying too much your coverage at dozens of 809 01:07:45.440 --> 01:07:49.039 insurance companies find out now three oh three seven to seven to one help. 810 01:07:49.199 --> 01:07:54.000 You'll think you're his only customer when you choose Frank durand the real estate Man 811 01:07:54.039 --> 01:07:58.559 dot com to list your home with Remax Alliance three oh three nine two zero 812 01:07:58.639 --> 01:08:09.519 sixteen twenty two. Yeah, real dum, What hadn't you didn't need advice? 813 01:08:09.639 --> 01:08:15.119 So you don't have the come running just as as as we can. 814 01:08:15.399 --> 01:08:24.079 Shooter's gonna help come man Dix is the Troubleshooter Show. No Tom Martino. 815 01:08:25.439 --> 01:08:30.119 Hey, I'm Tom Martino. Welcome to the show. Let's talk three all 816 01:08:30.199 --> 01:08:35.479 three seven one three talk three all three seven one three eight two five five. 817 01:08:36.159 --> 01:08:40.439 So a few things we've been discussing today, and one was the section 818 01:08:40.560 --> 01:08:44.760 one twenty five plan that a caller brought up. When I asked, it's 819 01:08:44.840 --> 01:08:45.319 for the hell of it, what do you do for a living? He 820 01:08:45.319 --> 01:08:48.560 says, I sell these plans to companies and or I get them signed up. 821 01:08:48.600 --> 01:08:54.920 And apparently these companies have no clue they can save money on this and 822 01:08:55.119 --> 01:09:00.439 do do supplements for health insurance and all that crap. Anyway, so hey, 823 01:09:00.479 --> 01:09:09.079 by the way, Kaschina, is this okay? Kyle's different than I'm 824 01:09:09.079 --> 01:09:12.720 sorry, Kyle's different than Rodny. Rodney's the one that called about this. 825 01:09:12.920 --> 01:09:14.880 He's eighty five years old. He said, Y, I work, I 826 01:09:14.920 --> 01:09:18.960 still work. And he had called originally about signing his house over to his 827 01:09:19.079 --> 01:09:23.399 kid to avoid probate, and I told him bad idea, to a beneficiary 828 01:09:23.439 --> 01:09:27.760 deed instead. So you get the stepped up basis on your house and if 829 01:09:27.840 --> 01:09:31.239 guys ever need add accurate information, please call me on it. There's so 830 01:09:31.640 --> 01:09:39.479 much misinformation on inheritance and on a state law. But anyway, let's talk 831 01:09:39.479 --> 01:09:43.039 about this. Then he talked about this plan. I'm trying to get some 832 01:09:43.079 --> 01:09:47.199 experts on about it. But look it up. It's not a scam Section 833 01:09:47.279 --> 01:09:57.000 one twenty five plan. You literally can have a plan for your company where 834 01:09:57.039 --> 01:10:02.359 your employees put money into a tax saving like a health savings account. It's 835 01:10:02.399 --> 01:10:06.359 not an FSA. Okay, just keep that in mind. It's not an 836 01:10:06.439 --> 01:10:13.039 FSA. It is truly something different, and then you get credit when your 837 01:10:13.039 --> 01:10:16.439 employees go on it as well, so there's no out of pocket expense. 838 01:10:16.520 --> 01:10:23.279 I mean, it's just incredible to me. It's really incredible to me, 839 01:10:24.159 --> 01:10:27.359 and we're going to try to find out more about that. I don't know 840 01:10:27.399 --> 01:10:30.079 if John Jones knows about it at Integer Insurance, but they bill it as 841 01:10:30.159 --> 01:10:36.520 John Jones Seniors on Good Things, Good China. So John Jones, uh, 842 01:10:36.600 --> 01:10:41.680 do you know about a Section one twenty five plan? They bill it 843 01:10:41.720 --> 01:10:46.479 as a supplement to health insurance self funded by employees with pre tax money. 844 01:10:46.760 --> 01:10:51.800 Do you know about it? Tom, when the Affordable Care Act was passed, 845 01:10:53.119 --> 01:10:56.560 I know there were ways, and there was through a Section one twenty 846 01:10:56.560 --> 01:10:59.840 five, and the state took a very dim view of it back then, 847 01:11:00.960 --> 01:11:09.960 where they were trying to sell non qualified health insurance plans to employee groups in 848 01:11:10.000 --> 01:11:12.960 the state at one time, and the outlaw these you know, these particular 849 01:11:13.000 --> 01:11:15.920 type of plans. Well, I don't know how you outlaw them. They're 850 01:11:15.920 --> 01:11:19.279 a federal government plan, understand, But I mean, how does the state 851 01:11:19.359 --> 01:11:24.279 say we don't want the federal government to offer place. It's like outlawing a 852 01:11:24.319 --> 01:11:29.039 four oh one K understand, But the state did not warrant because of the 853 01:11:29.079 --> 01:11:32.600 Affordable Care Act. They took a very dim view of it. So I 854 01:11:32.600 --> 01:11:36.199 have cared about them. What's happened to them? No, I haven't heard 855 01:11:36.239 --> 01:11:41.840 anything about them in the last five or six years. Probably okay, because 856 01:11:42.079 --> 01:11:48.880 they're not billing it as a substitute for health insurance. Understand They're billing it 857 01:11:48.960 --> 01:11:55.640 as a supplement to health insurance. Yeah, for high deductibles and all that. 858 01:11:56.239 --> 01:12:00.439 But it sounds to me a lot like an FSA. But it's not. 859 01:12:03.960 --> 01:12:09.560 That's correct, but I mean it's completely different. I don't know, 860 01:12:09.640 --> 01:12:14.079 Man, I'm fascinated by it, but in any case, I don't know 861 01:12:14.119 --> 01:12:16.359 as much as you do. Have you ever have you ever heard of people 862 01:12:16.439 --> 01:12:20.840 doing it? No? I mean there was a group out of Utah that 863 01:12:20.880 --> 01:12:25.640 we had taken a look at once again, this was six seven years ago, 864 01:12:26.439 --> 01:12:30.399 and they referred to it as a Section one five to allow us to 865 01:12:30.439 --> 01:12:38.720 get around the exemptions of the state to go out here. Here's what it 866 01:12:38.760 --> 01:12:42.960 says. Here's what it says. Under the law, employees can choose from 867 01:12:43.000 --> 01:12:46.720 a variety of benefits to pay for these benefits on a pre tax basis. 868 01:12:47.479 --> 01:12:54.199 This includes health insurance premiums, qualified out of pocket medical expenses, and even 869 01:12:54.279 --> 01:12:58.000 daycare, and it's paid for it from the Section one twenty five plan. 870 01:12:58.600 --> 01:13:00.760 It is not the same as an f say by the way, I'm adding 871 01:13:00.760 --> 01:13:04.439 those words. Here's what it says. In fasay is a specific type of 872 01:13:04.439 --> 01:13:11.840 an account that falls under the umbrella of a Section one twenty five. It 873 01:13:11.960 --> 01:13:18.079 is another kind of one twenty five where you contribute pre tax dollars and eligible 874 01:13:18.119 --> 01:13:25.479 for healthcare expenses like cope's deductibles, prescriptions, dental care. What I don't 875 01:13:25.600 --> 01:13:31.119 understand is this employee employer credit for each employee that signs up. The federal 876 01:13:31.159 --> 01:13:38.239 government gives them an incredible credit for each employee I mean like five hundred dollars 877 01:13:38.239 --> 01:13:41.760 each. Yeah, that's what I heard when you were telling I've never heard 878 01:13:41.760 --> 01:13:44.880 of that. Yeah. Okay, well, thank you. We didn't get 879 01:13:44.880 --> 01:13:47.119 you on just for that. We also have another one. Kyle had called 880 01:13:47.159 --> 01:13:55.439 in yesterday, and basically what I want to ask you is this, Well, 881 01:13:55.560 --> 01:14:03.680 since since all plan bes is that what they're called for drugs? John, 882 01:14:04.359 --> 01:14:06.680 are you asking me? Are you're asking cal when you say I'm asking 883 01:14:06.720 --> 01:14:11.119 you John? A plan? Is that what they call these? I mean 884 01:14:11.119 --> 01:14:14.399 you're you have a you have a code pay, you have covered expenses, 885 01:14:14.439 --> 01:14:17.760 whether it be formulary or non formulary, depending on the plan you have. 886 01:14:18.319 --> 01:14:23.840 Okay, but D is a drug plan. Okay, that's that's like you 887 01:14:23.920 --> 01:14:28.520 have any Medicare Part D plan, right, because you're on original Medicare. 888 01:14:28.760 --> 01:14:31.079 I get it. I get it, And that part deep and pays for 889 01:14:32.119 --> 01:14:38.239 certain drugs and certain copays and certain things a certain right, So that plan 890 01:14:38.399 --> 01:14:42.039 D. Are they all the same, John? Or can you get a 891 01:14:42.119 --> 01:14:45.640 D that white pay one hundred percent for one drug and not pay for another 892 01:14:47.000 --> 01:14:50.840 Okay, to give you an example real quick, Tom, because particularly drug 893 01:14:50.920 --> 01:14:55.640 that Kyle was talking about yesterday. I'm not talking about Kyle right now, 894 01:14:56.000 --> 01:14:58.800 as I always like to do first, and then we'll go to Kyle. 895 01:14:59.079 --> 01:15:02.560 I just want to talk in generalities. Are all Plan d's the same or 896 01:15:02.600 --> 01:15:08.399 can you literally shop for ones that cover different things? You can shop for 897 01:15:08.439 --> 01:15:13.239 ones that cover different things to an open enrollment. But why wouldn't all d's 898 01:15:14.520 --> 01:15:16.960 cover the same approved drugs? I mean, I don't understand that part of 899 01:15:17.000 --> 01:15:20.560 it. Why is it just that they don't want to pay for certain things? 900 01:15:21.560 --> 01:15:27.159 Every depending on the tier, has to have at least two drugs covered 901 01:15:28.079 --> 01:15:33.800 by Medicare. So in his case he has well going back with down talking 902 01:15:33.800 --> 01:15:36.840 about Kyle, No, we can talk about him in a minute here. 903 01:15:36.920 --> 01:15:42.319 I just wanted to know in general, not all d's, even though they 904 01:15:42.359 --> 01:15:47.520 all play by the same Medicare rules, they different d's will cover different things. 905 01:15:47.520 --> 01:15:53.520 Correct, Okay, Now in his particular case, Kyle and anyone on 906 01:15:53.720 --> 01:15:58.560 Medicare advantage, do they also require a Plan D or is that built in 907 01:16:00.079 --> 01:16:03.159 most of the plans where I have Medicare D plans are rebuilt in Okay, 908 01:16:03.920 --> 01:16:11.640 and in his case, he has Medicare advantage and he switched from United to 909 01:16:11.840 --> 01:16:17.800 Umana and he says under the new plan, his his inhaler is only partially 910 01:16:17.840 --> 01:16:24.000 covered and he has to make a copay and he's upset because he said United 911 01:16:24.119 --> 01:16:30.399 used to cover it one and he said both companies aren't they supposed to do 912 01:16:30.520 --> 01:16:36.079 exactly the same? Go ahead? No, No, because what Human has 913 01:16:36.159 --> 01:16:42.439 done is they've taken that particular drug and they've now raised as a Tier three. 914 01:16:43.920 --> 01:16:46.880 So that's why his copay is higher. But why is it? John? 915 01:16:47.000 --> 01:16:50.119 A quick question, and this is what some textures have asked me the 916 01:16:50.159 --> 01:16:56.840 same thing. Why would one company call it one tier and another company call 917 01:16:56.920 --> 01:17:01.479 it another tier? Isn't it Medicare itself that decides the tiers? No? 918 01:17:02.479 --> 01:17:08.279 Okay, a company can sidne what tier they want to put in. They 919 01:17:08.319 --> 01:17:12.840 can change that tier at anytime in the in a calendar year, so you 920 01:17:12.840 --> 01:17:15.800 can start off maybe tier two, and am I go up to tier three? 921 01:17:15.279 --> 01:17:19.000 Can they decide not to cover it at all? No? If it's 922 01:17:19.039 --> 01:17:25.760 a formulary style drug, then they would have to appeal that through Medicare. 923 01:17:25.880 --> 01:17:30.279 For whatever reason they decided not to cover that particular drug. So, Kyle 924 01:17:30.560 --> 01:17:32.920 Medical, what do you have a question for? John Jones? He's quite 925 01:17:32.960 --> 01:17:38.520 well versed in this stuff, man, he's really good. I sent John 926 01:17:38.600 --> 01:17:42.439 all my information, right, So what is your question though, because John, 927 01:17:42.479 --> 01:17:45.560 you don't see anything inappropriate going on? No. The only thing and 928 01:17:45.640 --> 01:17:49.560 what I told Kyle when I spoke with you yesterday, and he's doing everything 929 01:17:49.720 --> 01:17:56.640 right. He's trying to get an exemption, and he's contacted Humana and he's 930 01:17:56.680 --> 01:17:59.720 trying to get an exemption. And his doctor, now I guess, has 931 01:17:59.720 --> 01:18:03.279 got whatever forms he needs to fill out to say if they can bring that 932 01:18:03.439 --> 01:18:09.239 back to a tier two because I think Kyle told me they had now raged 933 01:18:09.359 --> 01:18:13.720 a tier three. Now why would a company? Why would a company? 934 01:18:13.760 --> 01:18:15.079 And if they did it for Kyle, would they have to do it for 935 01:18:15.199 --> 01:18:20.920 everyone? Sure? Well, why would they do that? I mean it 936 01:18:20.960 --> 01:18:26.199 seems to me they're saving money by making him make a copay. Why would 937 01:18:26.199 --> 01:18:30.920 they change that? See if that cope is gone tremendously out from what Kyle 938 01:18:30.039 --> 01:18:33.560 told me versus what he was paying with you United, right, Well, 939 01:18:33.560 --> 01:18:36.600 what I'm saying, That's what I'm asking you though, What incentive would an 940 01:18:36.600 --> 01:18:45.439 insurance company have to grant an exemption. Then I don't know. I mean, 941 01:18:45.640 --> 01:18:47.680 he's got that white just like he's got the right to go with mine, 942 01:18:47.720 --> 01:18:50.359 get it. But what I'm telling him is he's wasting his time. 943 01:18:50.680 --> 01:18:58.319 They're not going to change. I've never heard an insurance company under an appeal 944 01:18:58.520 --> 01:19:01.720 change their mind ever. I never maybe you have, John, I've never 945 01:19:01.760 --> 01:19:06.439 heard of it before. Well, to give you an example real quick too, 946 01:19:06.600 --> 01:19:14.520 Tom, because the exact same drug that Kyle was taken, they had 947 01:19:14.560 --> 01:19:17.520 to get on it. My wife. Oh and when she filled out that 948 01:19:17.720 --> 01:19:24.439 drug cost over at King Supers, it was fifty seven dollars. Okay, 949 01:19:24.920 --> 01:19:29.640 Yeah, Then she came back. She didn't have time to check, but 950 01:19:29.760 --> 01:19:33.760 she came back and looked at it through other preferred pharmacies that we have on 951 01:19:33.800 --> 01:19:38.720 our plan, and she could get that drug for as low as twenty one 952 01:19:38.840 --> 01:19:45.640 dollars through another pharmacy at another store. So in Kyle's case, Kyle, 953 01:19:45.920 --> 01:19:49.279 and correct me if I'm wrong. Kyle, you want to do a mail 954 01:19:49.399 --> 01:19:56.039 order and that's where they've charged you the higher price. You mean he could 955 01:19:56.039 --> 01:19:59.239 go to a drug store and save money a pharmacy. No, Now that 956 01:19:59.399 --> 01:20:00.920 he's going to have to call and key Mantle on that and see if there's 957 01:20:01.079 --> 01:20:09.039 any of the carriers any other pharmacies under his medicare advantaged plans where he could 958 01:20:09.079 --> 01:20:12.960 became old maybe selling money on that drug. All right, now hold on 959 01:20:13.079 --> 01:20:16.840 us. So Kyle, who you know? I would continue to work with 960 01:20:16.920 --> 01:20:23.000 John Jones. He's wonderful an integer insurance. But John, I need to 961 01:20:23.039 --> 01:20:25.079 take this break. But I want to hold you over to ask you a 962 01:20:25.159 --> 01:20:30.760 question. Plus we have Davon who wants to add to this comment or talk 963 01:20:30.760 --> 01:20:34.880 about also the other guy, Rodney, who was selling this section one twenty 964 01:20:34.880 --> 01:20:40.920 five plans. So hang on, I'm Tom Martino three oho three seven one 965 01:20:41.039 --> 01:20:45.119 three talk three oh three seven one three eight two five five. Waterpros dot 966 01:20:45.159 --> 01:20:48.319 net the best water systems, the lowest prices. You will love them. 967 01:20:48.359 --> 01:20:54.560 Don't buy these other conditioners and softeners that don't work for fifteen thousand dollars from 968 01:20:54.600 --> 01:20:58.079 a lot of plumbing contractors. Water Pros has them for about three grand. 969 01:20:58.319 --> 01:21:08.880 Waterpros dot net. Go with a sure thing Denver's Best roofer Excel Roofing dot 970 01:21:08.920 --> 01:21:15.840 com. You don't pay a cent until you're contenth time for an insurance check 971 01:21:15.920 --> 01:21:20.000 up, free no obligation. Comparison call Compass Insurance paying too much your coverage 972 01:21:20.000 --> 01:21:24.600 at dozens of insurance companies. Find out now three oh three seven to seven 973 01:21:24.640 --> 01:21:28.399 to one help. You'll think you're his only customer when you choose Frank durand 974 01:21:28.399 --> 01:21:31.800 the real estate man dot com to list your home with Remax Alliance three oh 975 01:21:31.880 --> 01:21:42.359 three nine two zero sixteen twenty two. Hi Tom Martino, your troubleshooter three 976 01:21:42.439 --> 01:21:45.800 oh three seven one three talks seven one three eight two five to five. 977 01:21:45.840 --> 01:21:49.279 Dave has a comment on the section one twenty five plan that we've been talking 978 01:21:49.319 --> 01:21:55.159 about as well as health insurance and UH anyway, Dave, go ahead. 979 01:21:55.279 --> 01:21:59.319 We were discussing this plan that was first brought up by a caller about UH 980 01:22:00.720 --> 01:22:06.199 pre tax money being put away to supplement health costs and how employers can get 981 01:22:06.199 --> 01:22:10.920 credits for it. Go ahead, Dave, Yeah, So Tom, I 982 01:22:10.960 --> 01:22:15.680 hope you're doing well. So I'm involved in a plan. I'm not sure 983 01:22:15.720 --> 01:22:20.920 if it's the same one of the other guy's dealing with. But our plan 984 01:22:23.039 --> 01:22:28.960 is a wellness plan, and so employers can install this at a zero net 985 01:22:29.000 --> 01:22:35.920 cost to the employer. The employees receive a forty point award winning wellness program 986 01:22:36.000 --> 01:22:42.359 that covers physical, mental, financial, and family health. Does it replace 987 01:22:42.479 --> 01:22:46.600 health insurance or is it a supplement? No? No, no, it's 988 01:22:46.640 --> 01:22:50.279 one of the requirements is they have to have a group health plan in place. 989 01:22:51.079 --> 01:22:58.640 Okay, so, and we're not looking to replace that. But the 990 01:22:58.680 --> 01:23:04.960 wellness program. Part of the financial benefits is the employees received at a zero 991 01:23:05.079 --> 01:23:14.560 net cost to them a permanent, guaranteed issue life insurance policy with cash value 992 01:23:14.600 --> 01:23:19.039 and living benefits. But how do they get this that net zero can cost? 993 01:23:20.159 --> 01:23:27.720 Okay, So the benefits are paid for through payroll by the employees and 994 01:23:28.239 --> 01:23:32.680 it's it comes from FIGHTA savings. So that's where the employer is saving on 995 01:23:32.840 --> 01:23:36.600 average five hundred and it can go up to as much as one thousand dollars. 996 01:23:36.600 --> 01:23:44.199 Why is there a fight credit Why because it combines a couple of things. 997 01:23:44.199 --> 01:23:46.720 The section one twenty five, the section one oh five and the section 998 01:23:46.800 --> 01:23:54.039 two thirteen D and those are IRS codes. Now, the last Gentleman was 999 01:23:54.079 --> 01:24:00.399 talking about these being out several years and the states were frowning them. It 1000 01:24:00.439 --> 01:24:03.720 was actually the IRS that was frowning upon them. And so what happened was 1001 01:24:03.880 --> 01:24:09.640 these companies were out there hawking these wellness programs and they were matching them with 1002 01:24:10.439 --> 01:24:15.279 indemnity type of health plans, and the IRS was saying, look, you're 1003 01:24:15.359 --> 01:24:23.680 double dipping here with the indemnity program. You know, if you go to 1004 01:24:24.119 --> 01:24:28.560 the doctor, let's say, and don't use the entire amount of that indemnity 1005 01:24:28.640 --> 01:24:33.920 benefit, the employees would receive the difference in the payout of the benefit versus 1006 01:24:33.920 --> 01:24:41.239 what was charged. And they weren't paying taxes on it. So the IRS 1007 01:24:41.279 --> 01:24:46.039 had frowned upon it. Now there's non compliant programs that the IRS came after, 1008 01:24:46.520 --> 01:24:53.399 and then there's compliant programs, which this is. So what it kind 1009 01:24:53.399 --> 01:25:00.800 of combines an HR So the employer can reimburse the cost of that of this 1010 01:25:00.439 --> 01:25:06.640 of this benefit. So the employees their net pay prior to installation of the 1011 01:25:06.680 --> 01:25:14.680 program does not change after the program is installed, so their net pay does 1012 01:25:14.720 --> 01:25:20.399 not change. But if so, it's okay theoretically the theoretically the employee is 1013 01:25:20.439 --> 01:25:27.479 paying for it out of their paycheck, but they're getting reimbursed. Absolutely, 1014 01:25:27.800 --> 01:25:36.279 Yeah, who reimburses them. The employer reimburses them to the degree that whatever 1015 01:25:36.439 --> 01:25:45.640 is being charged. So and does the employer make money as well? They 1016 01:25:45.720 --> 01:25:49.119 save money and and and yes, they make money. Because it's a bottom 1017 01:25:49.159 --> 01:25:55.359 line savings, okay, and it's a safe So when I if I show 1018 01:25:55.720 --> 01:26:00.520 that I have one hundred employees, let's say, on this plan, I 1019 01:26:00.560 --> 01:26:08.359 pay so much less for my FIKA exactly. Yes. And is that the 1020 01:26:08.399 --> 01:26:15.880 government's way of incentivizing this, Yes, it's it came out as part of 1021 01:26:15.920 --> 01:26:21.119 the ACA plan. And and but why don't others? Why don't all corporations 1022 01:26:21.199 --> 01:26:27.479 take advantage of this? A lot of them don't know about it. Now 1023 01:26:27.520 --> 01:26:31.600 here's another question I have. Do you have to have a certain participation level? 1024 01:26:32.199 --> 01:26:35.600 Do all employees have to agree to it? In other words, if 1025 01:26:35.640 --> 01:26:40.159 I had one hundred employees and only one or two of them used it, 1026 01:26:40.199 --> 01:26:45.399 would I still get incentives on those employees. Yes, you would. However, 1027 01:26:45.680 --> 01:26:53.159 in most companies now with their health insurance plans, there is a wellness 1028 01:26:53.239 --> 01:27:00.039 program in many of these group health and insurance plans, but it's costing the 1029 01:27:00.119 --> 01:27:09.720 employer something, okay. And with our wellness program and also the participation level, 1030 01:27:09.800 --> 01:27:14.920 would the employees that you just mentioned with a typical wellness program offered through 1031 01:27:14.960 --> 01:27:20.079 their health insurance, we're seeing that participation is like twenty percent of the company 1032 01:27:20.800 --> 01:27:26.399 with our plan we're seeing over a ninety percent participation rate. Why is yours 1033 01:27:26.399 --> 01:27:31.880 different? Because of the benefits that are involved. You think about a lot 1034 01:27:31.920 --> 01:27:38.359 of these companies and just look around your station. You know, there's some 1035 01:27:38.439 --> 01:27:44.920 people out there that may have medical issues that they cannot get a life insurance 1036 01:27:44.920 --> 01:27:51.479 policy. Now within work benefits, there's typically a term life insurance policy that's 1037 01:27:51.560 --> 01:27:59.279 offered through the company, but when they leave the company, that term policy 1038 01:27:59.479 --> 01:28:05.560 ends with this program, that permanent life insurance can go with the employer. 1039 01:28:05.760 --> 01:28:12.319 And when you say, when you say this program, what is this? 1040 01:28:14.199 --> 01:28:17.840 It's called the Oasis three sixty Wellness program, So so basically it's not part 1041 01:28:17.880 --> 01:28:23.000 of the Champ. So you guys all give your own names to these programs, 1042 01:28:23.079 --> 01:28:26.600 right, yes, I would think so, yes, there are. 1043 01:28:26.640 --> 01:28:29.800 In other words, in other words, that's what i' that's what I'm finding. 1044 01:28:30.239 --> 01:28:35.560 I'm finding these companies are taking these plans, this one twenty five plan, 1045 01:28:35.840 --> 01:28:40.520 and they're putting their own spin on it. You're putting Oasis on it, 1046 01:28:41.880 --> 01:28:45.880 and the Champ those people whoever they are, they put the Champ name 1047 01:28:45.920 --> 01:28:50.720 on it. It's actually a section one twenty five plan. And you guys 1048 01:28:50.760 --> 01:28:54.600 have figured out a way, And I'm not saying this in a negative way 1049 01:28:54.800 --> 01:29:00.840 to capitalize on it exactly and doing it in a compliance way. No, 1050 01:29:00.000 --> 01:29:05.199 I get it. I get it. So let me ask you straight up, 1051 01:29:05.279 --> 01:29:12.159 then, does a company like yours compete with a company like Integra Insurance? 1052 01:29:13.600 --> 01:29:15.880 You? Actually, they would be. They would be a great partner 1053 01:29:16.880 --> 01:29:25.119 for somebody like me. Okay, it would be a fantastic partner for somebody. 1054 01:29:25.199 --> 01:29:29.800 So what you're looking So you're saying any company that offers a health insurance 1055 01:29:29.840 --> 01:29:34.800 plan would lose nothing by offering this as well. Yeah, there's no downside 1056 01:29:34.880 --> 01:29:41.000 to it because it doesn't cost it doesn't cost the employer any money to install 1057 01:29:41.039 --> 01:29:45.920 the program and the employee. They're just adding benefits. And they're adding some 1058 01:29:45.079 --> 01:29:50.640 benefits that can help with hiring and retaining employees, which is such a critical 1059 01:29:51.119 --> 01:29:55.319 Uh No, No, I get it. So yours the guy that called 1060 01:29:55.359 --> 01:29:59.479 before, the older guy. He worked for Champ, You work for Oasis. 1061 01:29:59.760 --> 01:30:04.199 How many other companies are out there peddling this? I don't have an 1062 01:30:04.239 --> 01:30:09.119 answer to that, Tom. I got involved with this several months ago with 1063 01:30:09.439 --> 01:30:12.159 well, Dave, Dave, are you the Dave? Are you the Dave? 1064 01:30:12.239 --> 01:30:15.840 I've talked to in the past. Yes, I am, yeah, 1065 01:30:15.239 --> 01:30:19.399 the pilot. Dave. No, I'm not a pilot. No, okay, 1066 01:30:19.439 --> 01:30:23.239 then I'm confusing your voice. Never mind, I mean, I mean 1067 01:30:23.279 --> 01:30:27.600 that's okay. So what have we talked about in the past. We've talked 1068 01:30:27.600 --> 01:30:31.720 about tax mitigation, right right? Leave leave your contact information with me, 1069 01:30:31.840 --> 01:30:34.319 Dave. Thank you very much. I want to go back to John Jones. 1070 01:30:34.399 --> 01:30:38.960 I let me ask you Dragon, I need to take this break, 1071 01:30:39.039 --> 01:30:41.800 right Is this the thirty break coming up? Oh? Kay, let me 1072 01:30:41.840 --> 01:30:45.399 do this John, hang on, we got more and leave your contact information 1073 01:30:45.520 --> 01:30:47.680 Dave for Kachina to get that to me. I appreciate it, and then 1074 01:30:47.960 --> 01:30:51.439 we'll talk more in the future. Eight eight eight Heating dot com the risk 1075 01:30:51.520 --> 01:30:56.840 free service fee twenty eight bucks to service any one item in your home the 1076 01:30:56.880 --> 01:31:00.279 toilet, the water, heater which would include a flush, the furnace, 1077 01:31:00.399 --> 01:31:05.279 whatever you need, the air the one item serviced, whether it be electrical, 1078 01:31:05.399 --> 01:31:11.560 plumbing or heating and air. And then if you need more than twenty 1079 01:31:11.560 --> 01:31:15.760 eight they credit you that twenty eight bucks. So you hit the basic service 1080 01:31:15.800 --> 01:31:28.079 for twenty eight three oh three seven seven zero two seven seven six go with 1081 01:31:28.159 --> 01:31:31.239 a sure thing. Denver's Best roofer Excel roofing dot com. You don't pay 1082 01:31:31.239 --> 01:31:40.359 a cent until you're content time for an insurance checkup free no obligation. Comparison 1083 01:31:40.479 --> 01:31:45.560 call Compass Insurance paying too much your coverage at dozens of insurance companies find out 1084 01:31:45.600 --> 01:31:48.159 now three oh three seven seven to one help. You'll think you're his only 1085 01:31:48.239 --> 01:31:53.039 customer when you choose Frank durand the real estate Man dot com to list your 1086 01:31:53.079 --> 01:31:59.880 home with Remax Alliance three oh three nine two zero sixteen twenty two. I'm 1087 01:32:00.000 --> 01:32:01.359 I'm just going to say this right now. If Trump asked me to be 1088 01:32:01.399 --> 01:32:04.640 his running mate, I will not do it, not because of him, 1089 01:32:04.680 --> 01:32:09.720 but because I just don't want to be anybody's running me. All right? 1090 01:32:10.039 --> 01:32:13.319 Would you make a note of that dragon, So yeah, I'll write that 1091 01:32:13.399 --> 01:32:15.079 down. If the requests come in, would you like, you know, 1092 01:32:15.399 --> 01:32:23.520 just tell them tongue will not be John Jones, Trump Senior with a Tiger 1093 01:32:23.560 --> 01:32:26.720 Insurance group. God, I've known them for years. They do health insurance. 1094 01:32:27.239 --> 01:32:30.640 John, you heard Dave. Now I'm getting the gist of this thing. 1095 01:32:30.199 --> 01:32:33.760 Now I'm getting the gist of this The five twenty excuse me, the 1096 01:32:34.399 --> 01:32:39.479 one twenty five plan is part of the government plan. By the way, 1097 01:32:39.479 --> 01:32:43.359 an FSSAY is part of that, but they moved away from fssays and they're 1098 01:32:43.359 --> 01:32:47.800 doing more of these integrated wellness programs and they give it a brand name, 1099 01:32:47.880 --> 01:32:50.680 they give it a label, and they go and sell it to companies. 1100 01:32:50.680 --> 01:32:56.880 But from everything I see it is it is not a scam and it can 1101 01:32:57.079 --> 01:33:01.039 help. I mean, it can't hurt, and it doesn't substitute health insurance. 1102 01:33:01.399 --> 01:33:05.039 After what you've heard, John, did you feel a little differently about 1103 01:33:05.079 --> 01:33:08.680 it or what. I'm not trying to get you to endorse it. I'm 1104 01:33:08.720 --> 01:33:13.199 just asking your honest to god opinion. Now, I think it sounds perfectly 1105 01:33:13.239 --> 01:33:17.239 honest with what he explained. And how's he explaining. There's just a supplement. 1106 01:33:17.520 --> 01:33:20.479 And I heard you ask does this hurt the integer group? No, 1107 01:33:20.600 --> 01:33:26.600 it doesn't hurts one bit. You can't. It's not a substitute for health 1108 01:33:26.600 --> 01:33:30.640 insurance. No, now, and that's what he said. You still have 1109 01:33:30.720 --> 01:33:34.119 to have a group health plan in order to get this particular type of plan. 1110 01:33:36.399 --> 01:33:40.399 And really that is what I wanted to know as far as that goes. 1111 01:33:40.479 --> 01:33:45.079 So, John, another thing you sent me an email, and by 1112 01:33:45.079 --> 01:33:47.239 the way, you do have permission to talk about this because it doesn't affect 1113 01:33:47.319 --> 01:33:55.119 just me, I imagine. But you said that basically things are changing when 1114 01:33:55.159 --> 01:34:00.840 it comes to supplements. Is that right what I said to you, Tom, 1115 01:34:02.079 --> 01:34:06.359 You and I being on original medicare. Yes, we can shop our 1116 01:34:06.479 --> 01:34:13.479 plans anytime during the year. We're not. You means the supplement plans we 1117 01:34:13.560 --> 01:34:17.199 can shop. Yeah, we're not limited to like the open enrollment between October 1118 01:34:17.279 --> 01:34:23.119 fifteenth and December seventh. Yeah. So in your case when we took a 1119 01:34:23.119 --> 01:34:26.960 look, because I told you I would take a look. Yeah, in 1120 01:34:27.000 --> 01:34:31.479 your particular case, you know, with your surgeries you've had, they're all 1121 01:34:31.560 --> 01:34:36.960 done now, so you'd have to go through underwriting. But there's a good 1122 01:34:38.159 --> 01:34:43.199 chance that we could get you through underwriting in order to lower the premium on 1123 01:34:43.479 --> 01:34:46.239 your plan that you now, This is why I'm asking about it, not 1124 01:34:46.399 --> 01:34:50.640 just for me, for those listening. If they ever want to shop a 1125 01:34:50.720 --> 01:34:57.439 supplement and they have to go through underwriting, the burning question is this, 1126 01:34:58.520 --> 01:35:02.439 what if they get turned down? Will they then be unable to go back 1127 01:35:02.479 --> 01:35:06.520 to what they had? No, we'd always tell them, don't you dare 1128 01:35:06.600 --> 01:35:13.079 drop that plan until we know you've been approved, and are the supplements that 1129 01:35:13.159 --> 01:35:16.920 you shop relatively the same. In other words, are all we talked about 1130 01:35:17.079 --> 01:35:23.319 D plans being different? Can g's or supplement plans be different. No, 1131 01:35:23.680 --> 01:35:28.720 they're all standardized from carrier to carrier. If they're standardized, my question to 1132 01:35:28.760 --> 01:35:32.159 you is why would one be so more expensive than the other. It's up 1133 01:35:32.159 --> 01:35:38.359 to the insurance company. It depends because all the insurance companies, their box 1134 01:35:38.439 --> 01:35:43.039 of business are based on ZIP codes like eight hundred eight oh one eighth two 1135 01:35:43.119 --> 01:35:45.520 eighto. So okay, what you're saying is this, if you can get 1136 01:35:45.520 --> 01:35:48.720 a Plan G for one hundred and fifty bucks a month, or you get 1137 01:35:48.720 --> 01:35:51.760 a Plan G for one hundred and eighty nine bucks a month, they're both 1138 01:35:51.800 --> 01:35:57.439 going to be the same. Take the cheaper one. As long as that 1139 01:35:57.640 --> 01:36:00.680 carrier has a good reputation, they have a good block built up in order 1140 01:36:00.760 --> 01:36:08.199 to shield that person from potential rate increases. Okay, okay, so you 1141 01:36:08.199 --> 01:36:11.800 know we're in an attained age right to state, Tom, so I can't 1142 01:36:11.840 --> 01:36:15.039 help that part your rates. Your rate's going to go up every year because 1143 01:36:15.079 --> 01:36:19.079 you're getting older. Well, everyone does, right, Everyone who gets older 1144 01:36:19.119 --> 01:36:25.119 has higher rates. Yes, so they also depending on the claims that are 1145 01:36:25.159 --> 01:36:30.760 fouled in your particular block or in that particular area that you're in. Could 1146 01:36:30.760 --> 01:36:33.520 they adjust for claim Sure, they could adjust for claims also on top of 1147 01:36:33.560 --> 01:36:41.199 your attained age, right increase. So my, if I did an application, 1148 01:36:41.359 --> 01:36:45.960 or anyone listening does a new application for a new supplement in an effort 1149 01:36:46.000 --> 01:36:51.520 to shave some money off the monthly payment. If they do that and they're 1150 01:36:51.520 --> 01:36:57.359 turned down, they still don't they as long as they don't cancel their previous 1151 01:36:57.399 --> 01:37:01.880 one. Their previous one has to stay in effect. Correct, and does 1152 01:37:01.960 --> 01:37:08.239 the new company look at the applicant and say, wait a minute, this 1153 01:37:08.319 --> 01:37:13.920 guy has a ton of claims and rate him differently or heard differently. They 1154 01:37:13.960 --> 01:37:17.279 can be right us depending on the carrier. Yes, so the premium that's 1155 01:37:17.399 --> 01:37:25.760 quoted for a particular company does not necessarily apply until you actually get approved. 1156 01:37:26.439 --> 01:37:30.520 That is correct, And that premium could be higher in the long run. 1157 01:37:30.560 --> 01:37:33.399 So what looks to be a savings could end up being the same. That's 1158 01:37:33.399 --> 01:37:38.520 correct. But obviously we'd be in contact with our clients to make sure they 1159 01:37:38.560 --> 01:37:42.840 know that. Okay, if there's a potential write up here due to a 1160 01:37:43.119 --> 01:37:46.920 pre existing condition. Now I'm going to tell you something I believe that everyone 1161 01:37:46.960 --> 01:37:50.600 listening can benefit from the idea that they don't have to wait for open enrollment. 1162 01:37:51.039 --> 01:37:55.600 That right there is good information. John and Tiger Insurance Group, Thank 1163 01:37:55.640 --> 01:37:59.680 you very much. Three zero three. Hey, Yeah, did you have 1164 01:37:59.720 --> 01:38:00.800 some Oh? I thought you had something else thembro on Thank you John, 1165 01:38:00.800 --> 01:38:03.840 three oh three seven one. I've heard their number. Three oh three four 1166 01:38:03.920 --> 01:38:13.720 six six fifty five hundred. We have more coming right up. Go with 1167 01:38:13.800 --> 01:38:16.960 a sure thing Denver's best roofer Excel Roofing dot com. You don't pay a 1168 01:38:17.039 --> 01:38:26.359 cent until you're contenth time for an insurance check up free no obligation comparison call 1169 01:38:26.479 --> 01:38:30.439 Compass Insurance paying too much your coverage at dozens of insurance companies find out now 1170 01:38:30.479 --> 01:38:34.520 three oh three seven seven one help. You'll think you're his only customer when 1171 01:38:34.560 --> 01:38:39.279 you choose Frank durand the real estate Man dot com to list your home with 1172 01:38:39.399 --> 01:38:50.039 Remax Alliance three oh three nine two zero sixteen twenty two. Hi Tom Martino 1173 01:38:50.159 --> 01:38:54.439 here, three oh three seven one three talk wrapping up another hour. We 1174 01:38:54.479 --> 01:38:57.079 have another hour to go. I want you to get your calls in at 1175 01:38:57.079 --> 01:39:01.119 three o three seven one three talk three oh three seven one three eight, 1176 01:39:01.399 --> 01:39:10.520 two five five. Have you noticed our obsession with old rock bands and rock 1177 01:39:10.520 --> 01:39:13.640 stars? On YouTube? They're asking if we're gonna go see Steve Miller. 1178 01:39:13.640 --> 01:39:16.159 I wouldn't walk across the street to Steve Ceve Miller to see him. Now, 1179 01:39:16.199 --> 01:39:18.760 these guys are not that old. But I wouldn't walk across the street 1180 01:39:18.760 --> 01:39:25.680 to see Dave Miller band or hooting in the Blowfish. I couldn't be more 1181 01:39:25.720 --> 01:39:29.880 bored now. The Stones, yeah, even though they're ancient, they look 1182 01:39:29.880 --> 01:39:33.119 and balmbed. I'd go see him for sure. And then newer bands. 1183 01:39:34.680 --> 01:39:40.920 Why is it that we're obsessed with old rockers? I mean some of them 1184 01:39:40.960 --> 01:39:43.399 as to God, you know, you got to give him credit because I 1185 01:39:43.439 --> 01:39:47.000 thought they were dead years ago and they're still alive. So in any case, 1186 01:39:47.520 --> 01:39:53.439 what good concerts are coming this year that you would go to? What 1187 01:39:53.520 --> 01:39:59.680 about so Dave says bare naked ladies? Okay? And then what would you 1188 01:39:59.800 --> 01:40:03.119 like? Who'd you like to see? Dragon? I got burned out on 1189 01:40:03.159 --> 01:40:05.880 concerts. My first position here in the building for over a year and a 1190 01:40:05.880 --> 01:40:10.359 half was the working promotion, so I did like three or four concerts a 1191 01:40:10.600 --> 01:40:14.159 week. So I've I've been so burned out on all of them. I'm 1192 01:40:14.479 --> 01:40:19.720 I'd just rather not this day. Yeah, you know what, I love 1193 01:40:19.840 --> 01:40:23.239 music. I love music. You can listen to it without going to a 1194 01:40:23.279 --> 01:40:26.520 concert, but there is something electrifying about a good concert. You know, 1195 01:40:28.159 --> 01:40:30.399 my kids are obsessed with twenty one Pilots and I just don't get it. 1196 01:40:31.439 --> 01:40:39.840 Okay, you got two people on stage with electronic music. The drummer's pretty 1197 01:40:39.840 --> 01:40:42.600 incredible. He's pretty good. I mean, uh, you know who? 1198 01:40:42.640 --> 01:40:46.199 I loved seeing Blink one. God did they put on a good show. 1199 01:40:46.520 --> 01:40:48.840 I always thought weird Al would be pretty fun to go too, too, 1200 01:40:48.880 --> 01:40:53.399 because he's got he crosses so many different genres and he's just having a good 1201 01:40:53.439 --> 01:40:58.760 old time. I'll tell you someone that if I went to see I may 1202 01:40:59.119 --> 01:41:05.800 be close to Sue Side. Who's the guy that sings Short People? Randy 1203 01:41:05.840 --> 01:41:13.000 Newman? Oh my god, I could not think of anyone I would less 1204 01:41:13.079 --> 01:41:17.760 rather see than Randy Newman. Do you like him? I like Short People? 1205 01:41:17.800 --> 01:41:24.319 That's his voice a song. Oh God, everything about him makes me 1206 01:41:24.439 --> 01:41:30.239 sick. But on the other hand, weird Al, I would never go 1207 01:41:30.319 --> 01:41:33.359 see him. Would you actually take you? Yeah? It's a parody of 1208 01:41:33.399 --> 01:41:36.640 the most popular songs. I like the parodies. I just wouldn't go. 1209 01:41:36.760 --> 01:41:39.920 I wouldn't go see him. And from what I'm told, he there's a 1210 01:41:39.920 --> 01:41:45.800 ton of costume changes. It's a whole performance and everything. Really, Paul 1211 01:41:45.840 --> 01:41:49.720 McCartney, he just stands there for you know, ninety minutes. I saw 1212 01:41:49.720 --> 01:41:55.439 Paul McCartney. He was great. You know what shocks me is on most 1213 01:41:55.439 --> 01:41:59.560 concerts I've seen McCartney, he always started with the Beatles song, which is 1214 01:41:59.600 --> 01:42:02.239 weird. I mean, I guess why not, Well, I know, 1215 01:42:02.479 --> 01:42:05.840 but I mean, yeah, I liked it, But he has so many 1216 01:42:05.840 --> 01:42:12.640 other things. Sting was good. Uh, the Eagles were great. Oh 1217 01:42:12.720 --> 01:42:15.520 man, they were great. Anyway, who's coming here this year? We 1218 01:42:15.600 --> 01:42:17.039 got more coming up. Give me a call three oh three seven one, 1219 01:42:17.039 --> 01:42:30.840 three eight, two, five to five. Go with a sure thing Denver's 1220 01:42:30.880 --> 01:42:34.279 best roofer Excel Roofing dot com. You don't pay a cent until you're contenth 1221 01:42:35.800 --> 01:42:42.159 Please time for an insurance check up free, no obligation in comparison, call 1222 01:42:42.239 --> 01:42:46.000 Compass Insurance paying too much your coverage at dozens of insurance companies. Find out 1223 01:42:46.000 --> 01:42:48.760 now three oh three, seven to seven to one. Help. You'll think 1224 01:42:48.800 --> 01:42:53.840 you're his only customer when you choose Frank durand the real estate man dot com 1225 01:42:53.840 --> 01:42:58.520 to list your home with Remax Alliance three oh three nine two zero sixteen twenty 1226 01:42:58.560 --> 01:43:12.600 two ripped dum news. Need advice so you don't happen. You come running. 1227 01:43:12.600 --> 01:43:18.800 It's just as fast as you can. Shooter's gonna help come MANX is 1228 01:43:18.840 --> 01:43:26.800 the Troubleshooter Show. Now, Tom Martino, Hey, Tom Martino here, 1229 01:43:26.840 --> 01:43:30.119 Welcome to the show. Three oh three seven one three talks seven one three 1230 01:43:30.159 --> 01:43:32.479 eight two five five in our final hour. You can give us a call 1231 01:43:32.520 --> 01:43:36.439 if you want to talk. Three oh three seven one three talk, or 1232 01:43:36.479 --> 01:43:42.960 you can call three oh three Martino three O three six two seven eight four 1233 01:43:43.079 --> 01:43:45.479 sixty six. What's happening in your life? There's a lot going on that 1234 01:43:46.279 --> 01:43:50.000 I'd love to tell you about. First, nobody knows why I got banned 1235 01:43:50.000 --> 01:43:57.880 from TikTok, but I think that Kachina Colori's daughter, self professed TikTok expert, 1236 01:43:58.079 --> 01:44:00.800 thought it's because my account was so inactive for so many years. Then 1237 01:44:00.840 --> 01:44:05.319 all of a sudden, I started posting. I posted three videos and then 1238 01:44:05.319 --> 01:44:09.560 I was banned. Well say banded. I can't even log on, it 1239 01:44:09.600 --> 01:44:14.760 said, suspended. So I opened a new account and now I'm going to 1240 01:44:14.840 --> 01:44:16.439 try it again see what happens. But I don't know why they would be 1241 01:44:16.960 --> 01:44:20.039 my videos. I don't think we're controversial enough, not compared to the crap 1242 01:44:20.119 --> 01:44:26.880 that's on there. Have you heard of the AI? Not chat bot, 1243 01:44:27.079 --> 01:44:30.760 but the AI? You ready for this dragon? Listen to this one, 1244 01:44:30.640 --> 01:44:39.920 Kachina The AI death Calculator. Ooh that sounds fun. Oh my god, 1245 01:44:40.439 --> 01:44:47.439 it's true. What they do is they have you answer a series of questions 1246 01:44:48.359 --> 01:44:55.640 like, for example, thanks, like like how often do you consume alcohol, 1247 01:44:55.920 --> 01:44:59.920 do you smoke? When did you start? How often? Blood pressure 1248 01:45:00.520 --> 01:45:05.279 medications? Age? Of course, how many times you work out? Based 1249 01:45:05.279 --> 01:45:12.800 on the information you provide, it says this, the death Calculator predicts your 1250 01:45:12.960 --> 01:45:17.239 expiration date will be September one, nineteen or twenty eighty two. However, 1251 01:45:17.359 --> 01:45:21.800 it's important to remember that this is just a projection. You may die suddenly 1252 01:45:21.840 --> 01:45:28.199 and sooner. Anyway, here's what they're saying. Some of the people that 1253 01:45:28.239 --> 01:45:30.520 put stuff in here so far, or people have put it in about their 1254 01:45:30.600 --> 01:45:42.039 older relatives. It's been eerie how accurate it is. The AI Death Calculator. 1255 01:45:43.359 --> 01:45:46.840 Go download it and by the way, guess where it's talked about, 1256 01:45:47.159 --> 01:45:53.600 yeah, and they're not getting banned TikTok. But here it's called you want 1257 01:45:53.600 --> 01:46:00.920 to know what, it's called life two vec vec Whatever the hell that would 1258 01:46:00.920 --> 01:46:08.600 that even mean? Life to vec? Anyway, this is the warning about 1259 01:46:08.600 --> 01:46:14.560 it. Some people looked into this app and said that it's getting all kinds 1260 01:46:14.600 --> 01:46:18.760 of people who are dying of curiosity, right, dying from curiosity. So 1261 01:46:18.800 --> 01:46:25.239 they're downloading it and they're using it. But what do you think, give 1262 01:46:25.279 --> 01:46:30.520 me a guess. What do you think the real reason behind this is m 1263 01:46:31.399 --> 01:46:36.760 it's an information stealer. You are thinking, well, this is fun. 1264 01:46:38.479 --> 01:46:44.720 I just want to see this death calculator. But what happens is it's spying 1265 01:46:44.760 --> 01:46:49.119 on you, and it starts asking those generalized questions and then they get more 1266 01:46:49.159 --> 01:46:57.479 specific and they say it's one of the biggest scams, phishing scams, but 1267 01:46:57.600 --> 01:47:02.039 people or schemes or whatever. But people are not hipped to it because they 1268 01:47:02.039 --> 01:47:04.520 think, oh, I'm just going to find out when I'm going to die. 1269 01:47:04.880 --> 01:47:10.840 I think this is fun, this is interesting, when really what's happening 1270 01:47:12.319 --> 01:47:15.359 is they're stealing information. But these questions are insidious. At first, they 1271 01:47:15.399 --> 01:47:21.479 start out with just general questions about health and then get more specific even about 1272 01:47:21.479 --> 01:47:27.560 medications and stuff. Now for the first time ever, and this one shocked 1273 01:47:27.600 --> 01:47:30.640 me. And I want to ask what do you think the reason is? 1274 01:47:30.920 --> 01:47:34.239 Is Kachina on the phone? Because I want to ask her? Now I'm 1275 01:47:34.239 --> 01:47:36.560 here, what's up? I want to ask you. I want to ask 1276 01:47:36.560 --> 01:47:42.079 you what do you think The reason for this is? McDonald's has posted the 1277 01:47:42.119 --> 01:47:47.439 first ever miss of earnings. Their earnings are not up anymore. For the 1278 01:47:47.479 --> 01:47:53.359 first time, they make you know what profit? You know what earnings are? 1279 01:47:53.439 --> 01:47:56.399 Right? They announced their earnings. First, they announced what they expect 1280 01:47:56.439 --> 01:48:00.920 to earn. Then they announced if they missed the earnings or did better than 1281 01:48:00.920 --> 01:48:05.920 the earnings. With this economy for the last few years, we've been having 1282 01:48:06.000 --> 01:48:15.000 people or companies that pretty much increase year after year except fast food Right now, 1283 01:48:15.039 --> 01:48:17.800 what do you think the main reason is? Come on supply and demand, 1284 01:48:18.680 --> 01:48:25.159 no cost of labor wages here, wages have gotten so out of hand. 1285 01:48:25.239 --> 01:48:28.720 They say that fast service foods, what a lot of people just called 1286 01:48:28.760 --> 01:48:33.640 fast foods are going to not only miss their quarterly profit estimates, but may 1287 01:48:33.840 --> 01:48:40.000 very well start to see a decline. Right, And didn't they just announce 1288 01:48:40.039 --> 01:48:46.840 that they were going to introduce a new big Burger or something. Dragon didn't 1289 01:48:46.840 --> 01:48:50.239 mention something like that. What they have to do, And I think here's 1290 01:48:50.279 --> 01:48:56.319 what they're trying to do. They're trying to give a perception of value because 1291 01:48:56.359 --> 01:49:00.239 of the money they have to spend. But I think the days are going 1292 01:49:00.279 --> 01:49:02.640 about that. That what a happy meal? What are you kidding me? 1293 01:49:03.000 --> 01:49:10.279 It's a retirement meal for those working there. Now. You know, minimum 1294 01:49:10.279 --> 01:49:14.199 wage to begin with, and I'm serious about this, minimum wage was never 1295 01:49:14.279 --> 01:49:18.640 meant to be a career. It was meant to be exactly what it was 1296 01:49:18.680 --> 01:49:24.760 meant to be get people into the workforce, give them a chance to work, 1297 01:49:25.479 --> 01:49:28.720 to learn, to feel it, to go to school, to do 1298 01:49:28.760 --> 01:49:32.920 whatever, and then move on. It was never meant to support a family, 1299 01:49:33.000 --> 01:49:35.319 never meant to, Honest to god, it was never meant to. 1300 01:49:35.399 --> 01:49:40.159 Not in the beginning. That's why they called it a minimum wage. It 1301 01:49:40.279 --> 01:49:45.239 was more or less like an apprenticeship or learning or even a paid internship. 1302 01:49:45.359 --> 01:49:54.359 Yeah. I know nowadays people, uh, what the new move to equalize 1303 01:49:54.439 --> 01:50:00.119 outcomes? Now everything should just stay in a family and everything should be be 1304 01:50:00.199 --> 01:50:04.399 okay. So it wasn't meant to be in the beginning. But now what 1305 01:50:04.840 --> 01:50:11.840 you see lawmakers doing is justifying them minimum wage by saying, well, you 1306 01:50:11.920 --> 01:50:15.279 can't support a family of four with this, Well, of course you can, 1307 01:50:15.840 --> 01:50:20.199 because it wasn't meant to be that way. It was meant for people 1308 01:50:20.680 --> 01:50:26.880 entering into the workforce, so there wasn't too much burden on business, nor 1309 01:50:26.960 --> 01:50:33.119 was there too much burden on other employees. So you would start out and 1310 01:50:33.159 --> 01:50:38.800 then move up and move out. Sure, there are some people that come 1311 01:50:38.920 --> 01:50:43.840 back to work and have to take a minimum wage, but in our new 1312 01:50:43.920 --> 01:50:48.920 thought, new think of nowadays, our new think is everything should be equal. 1313 01:50:49.199 --> 01:50:53.880 Everyone should be able to support a family, Everyone should be able to 1314 01:50:53.960 --> 01:50:57.800 retire the same. Everyone should be able to do this, everyone should be 1315 01:50:57.800 --> 01:51:00.079 able to afford that. And it just doesn't work that way. It's it 1316 01:51:00.199 --> 01:51:06.039 was never meant to be that way. Ever, there are simply different outcomes. 1317 01:51:08.319 --> 01:51:11.760 That's what there is. As long as there's equal opportunity, we should 1318 01:51:11.800 --> 01:51:15.800 not be bothered with trying to make equal outcomes. That's up to each and 1319 01:51:15.840 --> 01:51:25.840 every person. And that's the difference between equality and equity. There's a big 1320 01:51:25.880 --> 01:51:34.319 difference. Equality should be guaranteed. Equity is never guaranteed. Isn't it isn't 1321 01:51:34.359 --> 01:51:38.439 that logical? I mean, wouldn't you think that's logical? Anyway? We 1322 01:51:38.479 --> 01:51:41.760 have more coming up three oh three seven one three talk, don't forget three 1323 01:51:41.760 --> 01:51:45.880 oh three Martino. You can call twenty four to seven three O three sixty 1324 01:51:45.079 --> 01:51:54.840 seven go with a sure thing Denver's best roofer Excel Roofing dot com. You 1325 01:51:54.840 --> 01:52:00.920 don't pay a cent until you're content. Time for an insurance checkup free, 1326 01:52:00.960 --> 01:52:05.640 no obligation. In comparison, call Compass Insurance paying too much your coverage at 1327 01:52:05.680 --> 01:52:10.760 dozens of insurance companies find out now three oh three seven seven one help. 1328 01:52:10.920 --> 01:52:14.720 You'll think you're his only customer when you choose Frank durand the real estate Man 1329 01:52:14.760 --> 01:52:18.199 dot com to list your home with Remax Alliance three oh three nine two zero 1330 01:52:18.359 --> 01:52:31.079 sixteen twenty two. Hey, I'm Tom Martino. Three O three seven one 1331 01:52:31.199 --> 01:52:34.479 three talk seven one three eight two five five. JK, what's going on 1332 01:52:34.520 --> 01:52:43.279 with you? What's happening? JK? You there? Yeah? Can you 1333 01:52:43.319 --> 01:52:45.520 hear me? Yes? Sir? Now I can. What's going on? 1334 01:52:45.560 --> 01:52:49.359 Man? Oh? Great? Uh? I'll try to make this as as 1335 01:52:49.439 --> 01:52:54.840 quick and legible as possible. It kind of goes off with your the AI 1336 01:52:54.960 --> 01:52:59.600 death calculator that you said is you know, it's a tool to basically fish 1337 01:52:59.640 --> 01:53:04.520 for him. So I'm kind of experiencing something something similar with what I'm going 1338 01:53:04.560 --> 01:53:11.000 on, And I'll just start off. I have a a condition. It's 1339 01:53:11.039 --> 01:53:15.880 called a factor five and it is it's basically your your blood will just overcloth. 1340 01:53:15.000 --> 01:53:17.279 You know, there's pills and stuff that take care of it, but 1341 01:53:17.479 --> 01:53:25.640 they classify that as an autoimmune disorder diseases you want to call it. And 1342 01:53:25.760 --> 01:53:31.880 so my insurance company, I believe they've sold my info because now my company 1343 01:53:31.880 --> 01:53:39.159 that I work for is trying to get me to sign up for these autoimmune 1344 01:53:39.680 --> 01:53:45.039 classes, lectures, seminars. You know that I wish I had the info 1345 01:53:45.079 --> 01:53:47.359 in front of me. Maybe I can provide at a later time. But 1346 01:53:47.760 --> 01:53:54.239 I wait a minute, JK. There's certain things covered by HIPPA, as 1347 01:53:54.279 --> 01:54:00.079 you know. But what I don't understand completely is it you're inmplawyer doing this 1348 01:54:00.319 --> 01:54:05.720 or the health carrier for your employer right now. If there was a health 1349 01:54:05.760 --> 01:54:11.239 carrier by themselves, that's one thing. But the health carrier has gone to 1350 01:54:11.279 --> 01:54:15.760 my company because the emails are directly from my company, which my company shouldn't 1351 01:54:15.800 --> 01:54:20.199 know anything about my health records, I guess in my opinion, But for 1352 01:54:20.319 --> 01:54:26.560 somehow it seems like that they found some bridge or a loophole where they're allowed 1353 01:54:26.600 --> 01:54:29.920 to kind of get in there. Basically, I think this thing is trying 1354 01:54:29.960 --> 01:54:33.279 to phish for me to sign up for this stuff, so later down the 1355 01:54:33.279 --> 01:54:36.319 line, if I need to get insurance down the road, they can use 1356 01:54:36.359 --> 01:54:42.119 that as a factor to cancel me out. Maybe I'm over JK. That's 1357 01:54:42.159 --> 01:54:48.319 not the reason. Because there's an insurance database already about you. They are 1358 01:54:48.560 --> 01:54:54.479 allowed and do share medical information each and every day, and that's just part 1359 01:54:54.520 --> 01:54:58.279 of the system when it comes to health insurance. Now, listen, it's 1360 01:54:58.399 --> 01:55:03.840 not necessarily they should not necessarily I mean share it with anyone else, but 1361 01:55:04.079 --> 01:55:11.439 insurance underwriters share that all the time. Once you start disclosing this information, 1362 01:55:12.239 --> 01:55:16.079 it's out there, not to your employer, but it should be out there 1363 01:55:16.600 --> 01:55:21.840 too. For example, if you had an addiction problem and it's part of 1364 01:55:21.880 --> 01:55:29.079 your it's part of your questionnaire, and you went to rehab blah blah blah, 1365 01:55:29.119 --> 01:55:31.640 all of that and health insurance covered it, there's going to be a 1366 01:55:31.680 --> 01:55:36.319 record of that, and you're going to be and you give a waiver every 1367 01:55:36.359 --> 01:55:43.199 single time you apply to health insurance that this database you they share with a 1368 01:55:43.279 --> 01:55:46.119 database, and they get from a database and you agree to it. Okay, 1369 01:55:46.479 --> 01:55:53.159 Now they can't give that to your employer. So it's a really delicate 1370 01:55:53.359 --> 01:56:00.760 or not delicate, but it's a really fine line meaning JK. Say, 1371 01:56:00.800 --> 01:56:05.479 they could, for example, without knowing why they're doing it, the health 1372 01:56:05.520 --> 01:56:14.479 insurance company could give general demographic information that you should go that we're going to 1373 01:56:14.600 --> 01:56:21.640 have alcohol and substance abuse classes, or we're going to have how to cope 1374 01:56:21.640 --> 01:56:29.880 with stress classes. If, however, they only offer you a specific class 1375 01:56:30.279 --> 01:56:35.039 based on something they found out about you, that would be wrong. So 1376 01:56:35.199 --> 01:56:41.560 do you know what the circumstances are where you're really being hit up for this 1377 01:56:41.640 --> 01:56:48.399 stuff? Do you know you mean circumstances as to has how your employer? 1378 01:56:48.840 --> 01:56:54.319 Is it your employer offering you this or is it the health carrier through your 1379 01:56:54.359 --> 01:57:00.680 employer? It's the health carrier has given the info to my employer. How 1380 01:57:00.680 --> 01:57:04.199 do you know that employers? Baby, Well, there's because there's that's the 1381 01:57:04.199 --> 01:57:10.159 only way they could know that. They're no other way they would have to 1382 01:57:10.479 --> 01:57:15.119 they would have to get this information from my medical provider in order to solicit 1383 01:57:15.199 --> 01:57:17.479 me directly. Well, here, I have another question, basically, al 1384 01:57:18.399 --> 01:57:25.880 JK. To clarify this. I have another question. How did the how 1385 01:57:25.920 --> 01:57:30.399 did the offer come to you to go to these autoimmune classes? How did 1386 01:57:30.439 --> 01:57:34.800 it come to you via a company email? Okay, but hold on, 1387 01:57:34.920 --> 01:57:43.239 hold on? Was it a company email specifically to you? But yeah? 1388 01:57:43.279 --> 01:57:47.239 And what did it say? That's why I can pull it up if you 1389 01:57:47.319 --> 01:57:49.520 have time. But yep, I want you to pull it up, and 1390 01:57:49.560 --> 01:57:54.439 I'll tell you why, Okay, because I want to know how it's worded, 1391 01:57:54.680 --> 01:58:00.800 because there is general information that they are allowed to share, and I 1392 01:58:00.840 --> 01:58:05.479 want to know if they were cagey they say it's come to our attention, 1393 01:58:06.199 --> 01:58:13.119 blah blah blah, please sign up for this or that. Deputy doc, 1394 01:58:13.319 --> 01:58:15.119 as far as I know, is oh, he's not in the studio. 1395 01:58:15.199 --> 01:58:19.880 That's why he's at home. Maybe he can text me or send me a 1396 01:58:19.960 --> 01:58:29.119 message. But I want to know if health insurance is shared with employers. 1397 01:58:29.159 --> 01:58:31.359 In fact, we may want to get Integra back on too. Kachina, 1398 01:58:31.680 --> 01:58:39.439 It's worth it because this is pretty serious. If employers start making employees attend 1399 01:58:39.479 --> 01:58:45.159 classes or do some proactive stance based on their health conditions. In fact, 1400 01:58:45.640 --> 01:58:48.840 I'd love to ask them about that three oh three seven one three talk seven 1401 01:58:48.920 --> 01:58:53.920 one three eight two five five, because to me, that would be improper. 1402 01:58:54.720 --> 01:58:58.880 So let's get let's get Integra back on, and then let's also talk. 1403 01:58:59.000 --> 01:59:00.520 Let's see who else would we talk to? Basically that would be it. 1404 01:59:01.520 --> 01:59:03.760 I want to know what they think about this, and then I want 1405 01:59:03.800 --> 01:59:05.960 to see I want you to read that email. Did you get it? 1406 01:59:06.079 --> 01:59:12.039 JK? I do? Yeah. If I read it to me, read 1407 01:59:12.079 --> 01:59:17.680 it exactly the way I came. Okay, it says did you know that? 1408 01:59:17.960 --> 01:59:24.319 As a insert the blank. Employee, your spouse and or dependence over 1409 01:59:24.359 --> 01:59:30.079 the age of eighteen can also sign up for BLANK program for free. Blank 1410 01:59:30.119 --> 01:59:34.279 program uses nutrition and lifestyle coaching to help them reduce uncomfortable systems like fatigue, 1411 01:59:34.319 --> 01:59:40.720 joint pain, and bloating. Whether they've been diagnosed with an autoimmune condition or 1412 01:59:40.800 --> 01:59:44.880 not. Simply forward them this email so they can use the link below. 1413 01:59:45.000 --> 01:59:49.039 Then it has to get started link and then it has you know, here's 1414 01:59:49.079 --> 01:59:55.239 our services. What you can look forward to. Advanced testing and diagnostic, 1415 01:59:55.920 --> 02:00:01.119 expert led personalized care, you know, telehealth, dedicated personal character that's all 1416 02:00:01.159 --> 02:00:08.000 provided by your employer, right, Well, that's yeah. I guess this 1417 02:00:08.039 --> 02:00:12.239 is the program that you're trying to solicit me for, and you know, 1418 02:00:12.359 --> 02:00:15.000 and I want to believe it that it has its best intentions. But I 1419 02:00:15.039 --> 02:00:17.479 believe if you know. But here's what I want to know. I want 1420 02:00:17.520 --> 02:00:20.960 to know if that went out to everyone, because if it did, then 1421 02:00:21.039 --> 02:00:26.600 you don't have a leg to stand on exactly. That's that was my next 1422 02:00:26.680 --> 02:00:30.840 topic. And because of HIPPA, I'm not allowed to really ask anybody else. 1423 02:00:30.960 --> 02:00:32.479 That's kind of that's a no, no, no, no, that's 1424 02:00:32.520 --> 02:00:35.880 not true at all. You can that's not true at all, JK. 1425 02:00:36.800 --> 02:00:41.319 According to HIPPA, you can ask anything you want of anyone and they can 1426 02:00:41.399 --> 02:00:44.520 choose whether to share it with you. But you don't tell me. You 1427 02:00:44.560 --> 02:00:47.319 can't ask. You could say to another employee, did you get this email? 1428 02:00:48.760 --> 02:00:53.680 Ah, that's not a violation of HIPPA. You're asking did you get 1429 02:00:53.680 --> 02:01:01.680 this email? Right? And if they did, but if you are the 1430 02:01:01.880 --> 02:01:08.560 only one, then I would have a serious question about HIPO violations. I 1431 02:01:08.600 --> 02:01:11.159 really would. But I'd like to, like I said, I'd like to 1432 02:01:11.159 --> 02:01:13.520 get Integra on. Let's see if we can get them on during the break 1433 02:01:13.520 --> 02:01:15.560 three O three seven one three A two five five, because if that's the 1434 02:01:15.600 --> 02:01:19.000 case, they might know about what an employer can do or cannot do. 1435 02:01:19.279 --> 02:01:25.159 One clear Choice Garage Doors will get you the best garage door service at the 1436 02:01:25.199 --> 02:01:28.359 best time twenty four to seven. 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You'll think you're his only customer when you choose 1445 02:02:11.560 --> 02:02:15.000 Frank durand the Real estate Man dot com to list your home with Remax Alliance 1446 02:02:15.199 --> 02:02:23.600 three oh three nine two zero sixteen twenty two. Hi Tom Martino, your 1447 02:02:23.680 --> 02:02:28.079 troubleshooter. From what I'm reading here we couldn't get our expert on for health 1448 02:02:28.079 --> 02:02:32.600 insurance. But from what I'm reading, JK, they they can't. They 1449 02:02:32.640 --> 02:02:39.560 can't share your health information with your employer. Now here's the real rub when 1450 02:02:39.600 --> 02:02:46.079 it comes to HIPPA. What do you think I'm gonna say? Let's you 1451 02:02:46.119 --> 02:02:48.880 know, I always like to go to worst case scenario. Remember, for 1452 02:02:49.000 --> 02:02:57.399 argument's sake, let's go to worst case scenario. Let's say that your health 1453 02:02:57.399 --> 02:03:02.279 insurance company did shair that with your employer. By the way, you have 1454 02:03:02.319 --> 02:03:06.479 an employee that has an autoimmune disease. Here's his name. Maybe you want 1455 02:03:06.479 --> 02:03:12.760 to suggest some proactive care to reduce your premiums. I don't know, I'm 1456 02:03:12.800 --> 02:03:15.159 just making that up. But let's say that happened. Okay, now what 1457 02:03:16.800 --> 02:03:25.119 now what? In other words, you don't get anything and nobody gets anything, 1458 02:03:25.199 --> 02:03:30.199 nothing, nothing. See, we have so many laws that are there 1459 02:03:30.239 --> 02:03:35.680 to protect us. But then the question is, okay, now what what 1460 02:03:35.760 --> 02:03:41.319 are the palm I get exactly what you're saying. Yeah, but where where 1461 02:03:41.399 --> 02:03:45.079 is the boundary line? Where does it start to become intrusive? You know 1462 02:03:45.119 --> 02:03:49.600 I pulled up Since since with the break, I've actually pulled up three other 1463 02:03:49.640 --> 02:03:55.520 emails and they hit me like three in a row on one day. And 1464 02:03:55.760 --> 02:03:58.239 you know, I mean, like I said, I want to keep mine. 1465 02:03:58.640 --> 02:04:01.520 Have you been sick a lot? No? I haven't, not at 1466 02:04:01.520 --> 02:04:04.359 all. No, I'm fine. Like I said, it's very mild. 1467 02:04:04.439 --> 02:04:08.800 It's uh, you know, there's proactive medication. I'm taking for it. 1468 02:04:08.800 --> 02:04:13.600 It's it's good. But somehow, somewhere, ever since then, this that 1469 02:04:13.880 --> 02:04:18.840 my medical provider has leaked this information out to my company, so my company 1470 02:04:18.880 --> 02:04:25.680 can solicit me for this program that they run for whatever reasons. And you 1471 02:04:25.720 --> 02:04:29.239 know, if they're for my best interests okay, but I tend to think 1472 02:04:29.239 --> 02:04:31.560 it's not for my best interest. I tend to think it's for their best 1473 02:04:31.560 --> 02:04:36.319 interest. Well, it doesn't matter if it's See, the hippolaws don't address 1474 02:04:36.680 --> 02:04:42.199 whether you had a good reason to share the information. It doesn't address that. 1475 02:04:42.880 --> 02:04:48.720 Now, one healthcare person to another could share the information if they had 1476 02:04:48.880 --> 02:04:56.079 concerns about your health and safety. Right see for example, if you displayed 1477 02:04:56.239 --> 02:05:00.560 if you displayed information to a doctor, he can consult an their doctor. 1478 02:05:00.640 --> 02:05:02.319 Now they may not want to use your name and all of that. That 1479 02:05:02.359 --> 02:05:09.880 gets a little iffy. But here's the bottom line. There are civil penalties, 1480 02:05:10.000 --> 02:05:15.319 but they don't go to you. They're just civil penalties per violation, 1481 02:05:15.880 --> 02:05:20.920 and they range anywhere from a low to around I don't know why this number 1482 02:05:21.239 --> 02:05:26.439 a low to around one hundred this is what it says, one hundred and 1483 02:05:26.439 --> 02:05:34.840 thirty seven dollars to a high depending on the violation of two million, sixty 1484 02:05:35.000 --> 02:05:43.479 seven thousand, eight hundred and thirteen dollars. So they they gave that some 1485 02:05:43.560 --> 02:05:47.359 thought. I mean, there are some very specific tiers here for violations. 1486 02:05:48.600 --> 02:05:51.159 I appreciate it. Here in phone, I'm going to take this to the 1487 02:05:51.399 --> 02:05:57.960 to a next level. My question to you is what type of attorney would 1488 02:05:58.199 --> 02:06:01.640 That's a good question. And well, first of all, you see no 1489 02:06:01.760 --> 02:06:06.399 attorney, no attorney, And I'll tell you why, because you're not damaged. 1490 02:06:06.560 --> 02:06:13.279 Do you understand these civil penalties don't go to you. So, in 1491 02:06:13.319 --> 02:06:18.000 other words, why would you hire an attorney? Tell me why damage is 1492 02:06:18.039 --> 02:06:21.680 done? What damages? What? What? Now? Listen, hold on 1493 02:06:23.199 --> 02:06:28.039 if you were fired because of it, sure, but you don't have damages 1494 02:06:28.159 --> 02:06:30.000 right now, Jake's That's the point I'm trying to make. And by the 1495 02:06:30.000 --> 02:06:36.119 way, I don't mean to drag out your discussion. Policy's Okay, Now, 1496 02:06:36.439 --> 02:06:42.039 if you're not hold on. See now you're mixing up apples and oranges. 1497 02:06:42.800 --> 02:06:47.239 If you're turned down for an insurance policy, that is not a hip 1498 02:06:47.279 --> 02:06:58.119 of violation. They are allowed to share your information with other insurance companies and 1499 02:06:58.239 --> 02:07:03.760 other healthcare providers. They're not allowed to share it to people who don't have 1500 02:07:04.000 --> 02:07:10.680 any business in the business. Okay, but I see, and this is 1501 02:07:10.720 --> 02:07:15.560 what I think this company, this I guess. But JK, just get 1502 02:07:15.560 --> 02:07:17.760 what I'm saying. What are your damages? You said I can't get health 1503 02:07:17.760 --> 02:07:23.800 insurance. That's not damage because you're damaged by the fact that they all talk 1504 02:07:23.880 --> 02:07:27.439 to each other and you agree to it every time you apply. So that's 1505 02:07:27.479 --> 02:07:30.960 not a damage. If you got fired, that would be a damage. 1506 02:07:30.000 --> 02:07:34.880 I can think of no other damages that would be apropos that would be not 1507 02:07:34.920 --> 02:07:41.840 appropriate, that would be connected to the violation of HIPPA other than getting fired 1508 02:07:42.640 --> 02:07:47.439 or being ostracized. You know where hippa originated, right, Not really, 1509 02:07:48.159 --> 02:07:55.880 It originated with the AIDS crisis because people were being fired, people were being 1510 02:07:55.960 --> 02:08:01.079 let go, people were being discriminated against. In the old days, there 1511 02:08:01.119 --> 02:08:05.399 was no HIPPA, I mean, out of common sense, A lot of 1512 02:08:05.479 --> 02:08:11.079 doctors wouldn't share information. But it wasn't until AIDS. It wasn't until AIDS 1513 02:08:11.159 --> 02:08:16.039 that they stepped up the enforcement so people would not be discriminated against. So 1514 02:08:16.239 --> 02:08:22.199 in those days, if somebody got fired and they suspected it was because someone 1515 02:08:22.239 --> 02:08:26.119 told someone about the AIDS, then you could sue the hell out of them. 1516 02:08:26.159 --> 02:08:30.960 But that's not the case with you. Again, this disease doesn't carry 1517 02:08:31.000 --> 02:08:33.479 a stigma that would give you that kind of damage. You don't have a 1518 02:08:33.600 --> 02:08:37.279 damage, so no attorney's going to handle it. To answer your question, 1519 02:08:37.399 --> 02:08:45.279 however, there is a department you can call so department, and it's a 1520 02:08:45.319 --> 02:08:48.199 federal government health and Human Services, And I'll even give you the number, 1521 02:08:48.359 --> 02:08:52.840 and you can file a complaint there. But again that complaint may or may 1522 02:08:52.840 --> 02:08:58.000 not result in a civil penalty, but not an award to you. That's 1523 02:08:58.039 --> 02:09:01.039 the important part of this. I want you to take away if I want 1524 02:09:01.079 --> 02:09:03.399 you to take away. I don't know why this echo is coming in on 1525 02:09:03.520 --> 02:09:07.720 a jagon, but anyway he might be on bluetooth. Here's the number eight 1526 02:09:07.800 --> 02:09:16.880 hundred three six eight ten nineteen. Eight hundred three six eight ten nineteen, 1527 02:09:16.439 --> 02:09:24.399 So that is for filing a complaint against the health insurance company for hippa, 1528 02:09:24.399 --> 02:09:28.760 not your company, but the health insurance company, and then they'll do an 1529 02:09:28.800 --> 02:09:33.560 investigation of that to see if that if that company did it again, two 1530 02:09:33.600 --> 02:09:41.439 different things. A hip a violation for civil penalties against the violator. And 1531 02:09:41.479 --> 02:09:48.279 then you have a civil lawsuit you would take for personal injury for someone sharing, 1532 02:09:48.600 --> 02:09:54.000 but that would be if you were fired, ostracized, or somehow discriminated 1533 02:09:54.039 --> 02:09:58.800 against because of a medical condition. And you would have to find an attorney 1534 02:09:58.840 --> 02:10:03.199 to take that much less, like a malpractice attorney or a personal injury attorney. 1535 02:10:03.399 --> 02:10:07.279 But not one of them will take it unless there are really major damages, 1536 02:10:07.560 --> 02:10:13.159 because the brain damage they would have to do to prove a preponderance of 1537 02:10:13.199 --> 02:10:18.720 the evidence is extraordinary. I'm Tom Martino. Premiere, by the way, 1538 02:10:18.239 --> 02:10:22.560 is the name of the best. That's why they call it Premiere Window cleaning 1539 02:10:22.560 --> 02:10:26.720 and pressure washing. Now's the season to get this done and you can get 1540 02:10:26.760 --> 02:10:31.560 special discounts. Call them. Tell them Martino told you to call trust Premiere 1541 02:10:31.600 --> 02:10:37.119 window dot com or we do Windows dot com. And that's seven to zero, 1542 02:10:37.439 --> 02:10:41.520 nine to five, three zero zero, seven to eight. That's Premiere 1543 02:10:41.560 --> 02:10:46.039 Window Cleaning and pressure washing. Go with a sure thing Denver's best roofer Excel 1544 02:10:46.159 --> 02:10:52.920 Roofing dot com. You don't pay a cent until you're content. Time for 1545 02:10:52.960 --> 02:10:58.840 an insurance check up free, no obligation comparison call Compass Insurance. Pay too 1546 02:10:58.920 --> 02:11:03.319 much your coverage dozens of insurance companies find out now three all three seven to 1547 02:11:03.319 --> 02:11:05.960 seven to one help. You'll think you're his only customer when you choose Frank 1548 02:11:07.039 --> 02:11:11.640 durand the real estate Man dot com to list your home with Remax Alliance three 1549 02:11:11.640 --> 02:11:18.880 all three nine two zero sixteen twenty two by Tom Martino, you are troubleshooter 1550 02:11:18.960 --> 02:11:22.920 three oh three seven one three talks seven one three two five five. By 1551 02:11:22.920 --> 02:11:24.840 the way, Ideal Home Loans is the only one with the interestate guarantee to 1552 02:11:24.880 --> 02:11:28.800 refinance you, and if rates go down, they refinance you free of charge. 1553 02:11:30.279 --> 02:11:33.960 Three oh three eight six seven seven thousand. Hip is probably one of 1554 02:11:35.000 --> 02:11:39.079 the most misunderstood concepts. We know that they should not share information, but 1555 02:11:39.199 --> 02:11:45.159 mostly it's civil finds and penalties, not a civil case for you against the 1556 02:11:45.199 --> 02:11:52.279 person who violated there is it's it's impossible to No, I shouldn't say impossible, 1557 02:11:52.439 --> 02:11:58.239 it's near impossible to prove any kind of damages unless you were fired or 1558 02:11:58.239 --> 02:12:03.880 something concrete. You see, let me explain something for personal injury suits. 1559 02:12:03.920 --> 02:12:07.600 And by the way, emotional traumas considered personal injury. There's all kinds of 1560 02:12:07.640 --> 02:12:13.880 economic non economic. But here's the point about and this is really important about 1561 02:12:13.960 --> 02:12:16.720 personal injury because we get this call all the time. You never sue on 1562 02:12:16.880 --> 02:12:20.600 could should have? Would have it? Could have killed me? Would have 1563 02:12:20.640 --> 02:12:24.359 killed me? I could have. Everything has to be tied to a damage. 1564 02:12:24.439 --> 02:12:28.000 Every civil suit has to be tied to a damage. If there is 1565 02:12:28.039 --> 02:12:31.359 no damage, there's no reason to bring the suit at all. First of 1566 02:12:31.399 --> 02:12:33.720 all, no attorney will take it. And second of all, no person's 1567 02:12:33.760 --> 02:12:37.640 going to pay for something if there's no bread crumbs, or there are no 1568 02:12:37.680 --> 02:12:41.640 bread crumbs, or no pot of gold or anything at the end of the 1569 02:12:41.760 --> 02:12:45.359 rainbow, why would you do it. So with a hip of violation, 1570 02:12:46.000 --> 02:12:52.079 you would have to show that there is a violation that costs you. And 1571 02:12:52.119 --> 02:12:56.239 then that in and of itself is so difficult that the effort going into suing 1572 02:12:56.279 --> 02:13:03.159 for it very seldom comes to fruition. So you don't find attorneys to take 1573 02:13:03.199 --> 02:13:07.279 those. You don't find a lot of attorneys specializing in HIPPA lawsuits. However, 1574 02:13:09.079 --> 02:13:11.520 the government will go after a violator, for sure, they will if 1575 02:13:11.600 --> 02:13:16.000 truly they were violating hippa. But all somebody has to say is it was 1576 02:13:16.039 --> 02:13:20.479 an oversight or mistake, and if they don't have a record of doing that 1577 02:13:20.560 --> 02:13:26.039 over and over and over, even civil penalties are diminished or eliminated. So 1578 02:13:26.439 --> 02:13:31.760 hippa, while we love talking about hippa, we don't have a lot of 1579 02:13:31.920 --> 02:13:37.840 teeth in hippa because it's not like it used to be with AIDS. That 1580 02:13:39.039 --> 02:13:43.119 was the big deal. With AIDS, HIPPA was a big deal because people 1581 02:13:43.159 --> 02:13:48.439 were getting fired, people were getting discriminated against. In fact people it would 1582 02:13:48.479 --> 02:13:52.319 be found out and somebody would spill the beans and no one would go to 1583 02:13:52.359 --> 02:13:56.239 that dentist anymore. Let's say if there was a gay dentist and they thought 1584 02:13:56.319 --> 02:14:01.640 that dentist is HIV positive. I mean, there's all kinds of weird situations 1585 02:14:01.680 --> 02:14:09.640 that happened with age, which led to people having to protect themselves in the 1586 02:14:09.680 --> 02:14:18.840 government. Rightly, so did a by the way, hippo laws for that 1587 02:14:18.840 --> 02:14:22.880 that's where it started. Now people want to know, Tom, you have 1588 02:14:22.960 --> 02:14:26.439 integra on as your health insurance expert. How do they make money? And 1589 02:14:26.479 --> 02:14:28.720 that's a fair question, by the way, for any client I have, 1590 02:14:28.199 --> 02:14:31.479 you always want to know where people make money. In fact, that is 1591 02:14:31.520 --> 02:14:35.439 what tells you where their heart is. Now everyone, I mean everyone wants 1592 02:14:35.479 --> 02:14:39.560 to make money, right unless you're in a nonprofit organization. Even then you 1593 02:14:39.560 --> 02:14:43.439 want to support the nonprofit but for your mission. But with Integra, they 1594 02:14:43.479 --> 02:14:48.479 get wholesale rates. In other words, Integra sits with clients and does things 1595 02:14:48.600 --> 02:14:52.520 carriers can't do. Carriers can't take the time or energy to do that for 1596 02:14:52.600 --> 02:14:58.239 every single client. So carriers offer a product and say here's our health insurance 1597 02:14:58.279 --> 02:15:01.720 product. What Integrat does us and other brokers like Integer, is take that 1598 02:15:01.880 --> 02:15:07.319 product to the consumers and they explain it to the consumers, and they put 1599 02:15:07.319 --> 02:15:11.159 it on the menu of services and they say we have this plan, this 1600 02:15:11.239 --> 02:15:13.800 plan, this plan, and this plan. So to be part of their 1601 02:15:13.880 --> 02:15:20.760 menu, these health insurance carriers offer those premiums at whostsale and then Integra gets 1602 02:15:20.840 --> 02:15:26.840 a fee for signing people up. But it's a very small fee. And 1603 02:15:26.920 --> 02:15:33.119 here's the key. You can't get that wholesale fee going direct. People think 1604 02:15:33.119 --> 02:15:37.199 if they bypass Integer or another health insurance broker. They're going to get better 1605 02:15:37.279 --> 02:15:41.079 rates going direct. That will not happen, so it's always best to use 1606 02:15:41.119 --> 02:15:45.520 a professional like Integra Insurance dot com. By the way, we have we 1607 02:15:45.600 --> 02:15:48.319 have a more coming up tomorrow. Don't forget it's car Day three oh three 1608 02:15:48.840 --> 02:15:54.119 Martino. Call for help, information and referrals and save all your problems for me.