We have no problem president acknowledged the meeting would produce little more than a handshake with talks to denuclearize Pyongyang and a standstill after negotiations fell apart in February a North Korean official called the d.m.z. Proposal a very interesting suggestion Mr Trump a previously threatened North Korea with fire and fury the former New York City police detective who was a leader in the fight for the September 11th Victims Compensation Fund has done detective Louise hour as died of cancer linked to the aftermath of the attack he'd pleaded with Congress to extend the compensation fund said he was glad to do that I want. To get some of. The money. To help. Out a small part and help them get that accomplished however as was 53 competing demonstrations in the streets of downtown Portland Oregon with fights breaking out in places is marchers clash. At least 3 groups had planned rallies or demonstrations at different sites in the city including members of the so-called proud boy and any fascist groups the fights occurred one participants of the opposing groups matched some injuries reported. Cities around the world are hosting l.g.b. T.q. Event this weekend Bruce but death says it's the 50th anniversary the Stonewall Uprising in New York that helped spark the modern gay rights movement which is why he's helping to organize a rally in San Francisco if only stonewall it corrected everything and moving forward but you know we still have a lot of the problems lots of challenges and so every year I margin cried in a March in the trans March because I want to support change President Trump is dismissing former President Jimmy Carter swipe at the illegitimacy of his presidency is nothing more than a Democrat talking point as he takes his own digs at Mr Carter Mr Trump was asked about the former president's comments alleging that Russian interference in the 26000 election was responsible for a Trump victory he says Mr Carter's a nice man but was a terrible president who's been trashed within his own party and Sue c.b.s. News c.b.s. News radio as your home for breaking news with our team of reporters around the country and the world we give you the coverage you can trust. From Delaware's trusted source for news one on 17 f.m. 11 50 am w.t.f. w d L dot com I'm Frank generates a man's going to prison for his role in a Philadelphia to Wilmington drug pipeline. According to court testimony on documents 43 year old Robert Sheppard the 3rd sent cocaine from Philadelphia to Wilmington and codefendant Brian Wilson exacerbating what prosecutors call the suffering of the other weren't addicted to illegal drugs Shepherd led a lifestyle they described as extravagance and all the while he was under federal supervision for a 2010 drug investigation after a previous 21 year term Sheppard now gets 13 years in federal prison as he awaits trial in a murder conspiracy case in New Castle County Mark Souder one of 17 f.m. 11 50 am w d e o the latest redevelopment plan for barley mill Plaza which will house Delaware's 1st Wegmans appears to have overwhelming public support the project was unanimously approved by the county board of adjustment for some variances board chair David Bird said they received tons of emails in support of the project from local residents and when a plane was 1st announced in February residents cheered at a public meeting but it was announced a plan was to bring a whiteman's to Delaware Michael Hoffman is the lawyer representing the delegate Greg narrow on the project and he says positive public support is welcomes it's certainly a testament to Greg Pinero and his team that he truly did care about the feedback from the community they wanted to put together a plan that struck the right balance that had the right balance of uses at the right size and scale that the community can embrace and it's great to see that that positive feedback yet the traffic impact study on the area has been done and Eldad is currently studying net reports in Newcastle Joe Irizarry 17 f.m. 11 50 am w d e l coming up a look at your n.b.c. 10 1st alert forecast stay tune. In many countries around the world medical care is scarce from birth defects to serious injuries and illnesses countless millions have no access to see surgery Mercy Ships does their down with a team of volunteer professionals nurses surgeons utilizing state of the art hospital ships Mercy Ships provides free surgeries for the thousands of those who are waiting for surgery at each port Mississippi is. So this is conscious that with all the was no b.s. Crisis this is just see people that need help you realize that they have no way of getting help and I woman to. Help make a lasting impact. Someone's fear to Joy find out how you can help by visiting our website at Mercy Ships dot org for more information that's Mercy Ships dot org . You're in b c 10 1st alert forecast warm in less humid tonight low 72 degrees tomorrow partly sunny continuing warmer less humid high in the mid eighty's and Frank to race news . It's the weekend who have financial questions that need answering that can only mean one thing it's time for g.l. On money the show that takes the mystery out of your finances here's your host less injure. More welcome Well gome it's the last weekend in June very exciting. It's Jilani This is our 1st show where we can really make the big announcement Mark it's time Jill on money has its 1st baby and mascot marks dad. Mark said Daddy gang about it a baby boy my lad to say his name or not. Baby fear. Money will be on the air very shortly will be in the studio shortly. I can't wait you have to bring him in here everybody in the radio division wants to meet him so that's good hey this is jail on money and we are broadcasting live from the Capital One bank studios and we are delighted that you are joining us and it's exciting because guess what in just a matter of days we will be celebrating what not just the birth of Marx baby boy but the longest expansion on record 121 consecutive months of growth we just beat out the tech boom How about that now while this is the longest expansion on record it is definitely not the strongest the strongest expansion on record was the sixty's who incidentally when one of your host was born 961 of the 1952 percent growth in g.d.p. The tech boom 42 percent growth in g.d.p. That eighty's the Gordon Gekko years 38 percent growth and here now in this current expansion we only have grown by 25 percent Not sure why but we have made progress balance sheets look better you probably feel a little bit wealthier that's good about half of the country says according to a Bankrate study that they have either has seen their financial conditions worsen in the last 10 years or just stay the same so that's a bummer. Hopefully as things do continue to improve job growth continues wage growth expands more and more people feel secure all right if you've got a question don't forget give us a call ask Jill and Jill on money dot com That's what Nate did he's up 1st Nate is calling from Texas Hi Nate Good morning to you how you doing today great job the reason I'm calling and I'm getting ready to retire from the Army. I'm getting ready to enter the civilian workforce. For the 15 years I've been investing in the t.s.p. The Army and I question the plan of rolling that shifty over and twisted land for one k. Or start a new or a one k. Or whatever thing that's straight male Ok that's a great question Tell me a little bit more about yourself how will do you Nate I am turning 40 this year my gosh it's amazing it's like you're going to probably have end up having like 3 different careers in your life how much money is in the t.s.p. Right now for the kids p. You have about 200000 Ok And is this the only money you have saved for retirement did you do a Roth Ira In addition or not so active time about it will be my my I guess my total value I have I have a great care to count the vote count but about 250. I have a Roth Ira what about one pound my wife with one time. We have are saving that have about 100 and then my birth my call my investment account of about 30 and and I have my house so we've got my total worth just I would make sure I heard that you said you have a brokerage account with 250 just a plain old brokerage account not a retirement account Right right right Ok And how do you manage that money are you doing not yourself are you rolling the dice a little bit or are you hiring someone to do that for you so the tech textbook counted by us. Look at it very. The very low point there are 3 that's good I got grandfathered in about 10 years ago oh that's great Ok good perfect all right and what about the rock also USA off the earth both of them great and same deal manage it at 30 basis points at point 3 percent Yeah Ok great. So let's think about kind of your choices the thrift savings plan is actually a very good plan it used to be a used to be sort of like this like well you got one or 2 choices like you can have a black car you can have a white car but then I've added more choices the cost of the investments in t.s.p. In the thrift savings plan are really cheap so I actually think I would keep the money in there because I'm rolling it over what I'm what I'm fearful of is that you don't really know and maybe this would change if we found out where you were going next but wherever you go next I have a feeling the cost of investing inside of the $4.00 a one k. Plan would likely be higher than what you're getting in the t.s.p. And for what you know it's really the same stuff so I my inclination is to wait if you get a new job and you find out well you know what it's all someday have a 4 a one k. And it's all index funds with a low cost provider and it's really awesome maybe you would do that but that that would be kind of the the big choice otherwise your other option would be to roll it out of the t.s.p. Into a rollover Ira account and you could do that anywhere if you're grandfathered in for USA is that also for new money or just existing money. So something I mean can buy an account for over 10 years so there you can get the same. You know all of that don't start a new account say you know what that's kind of a funky thing because we would have to start a new account to do this because we would have to open a. Rollover Ira So I think that the choice is really my I'm leaning towards keep it in the thrift savings plan unless you go to a new employer that has an obviously cheaper investment structure so what now I'm going to ask you a total separate question what are you going to do next do you now. That's a really good question I'm trying to get in the technology sector kind of our brand new career get to do something I've always wanted to do and so it's kind of a kind of fish and I guess the best way to describe it and when you're going to actually retire. Be and for Kamber and you'll have a pension right yes Ok so you're really in great shape you save you know 12345 you have almost like 3 quarters of a 1000000 bucks how much did you make when you were in the army what your highest pay just out of curiosity pay that I've earned if you include all of our compensation and and all that are told. 10106 and does your wife work. Now if you don't so you have saved all of this money making $100.00 grand a year Oh no far Well actually I would. But. That time for. That kind of all that everything you are an inspiration Mark is going to be giving you the 5 star general award like a leader retirement I mean you've done a phenomenal job so congratulations keep us posted if you get a new job in your life wondering hey should I do roll it or not you want to give us a call back please feel free to do so we'll get back to more of your questions in just a minute in the break time want to go to jail on money dot com You can read about the longest but not strongest expansion on record go to jail on money dot com and all you have to do at the top is click on read and that's where the blog post sets Ok We'll be right back. 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Walk 145 or 92 I learned art attack I'm sure needed to over a 100 and I had a heart attack and a cardiac arrest and then a Strat everything changed it felt like my life is over this is what high blood pressure sounds like you may not feel it sometimes but the results from a heart attack or stroke are far from invisible or silent 150 or 90 and I had a stroke if I would have followed a treatment plan would not be 'd in this situation $180.00 or $110.00 and I had a stroke and I'm $33.00 so I now see this coming if you come off your treatment plan get back on or talk with your doctor to create an exercise diet medication plan that works for you go to lower your h.b. Peanut org head to toe everything change edges brought you by the American Heart Association American Medical Association and yet counsel. Dr on money where Jules lessons are helps you take the mystery out of your finances . Your back it's jail on money it is the last weekend of June and maybe you're taken a nice extended break hopefully you're taking all of this next coming week off that's what I suggest you do it's a dead week come on you can always send us an email whether you're on vacation or not asked Jill at Jill on money dot com Let's go out to Steve he's calling from Michigan I do oh yeah I'm. Trying to determine the best course of action for where I am I'm retired from teaching a few years back oh I've got a little over. 1000 traditional Ira related over my working years. The read a book entitled The Ira transformation plan your step by step guide to a tax free read requests retirement and so in consultation with the people who promote that book and their taxes and their devices in. Business what I pulled away from that and in order to save taxes as I withdraw from retirement funds and so forth it seems like there's a number of things they were suggesting I do want is to move those monies into a Roth account which of course you pay taxes on. As I do that and the reason for that is just not to have that taxable income but also I guess there's a 6 year or so window from which to do that under the Trump tax cuts that they had been pages. And then secondly. Maybe is a wiser to go to like Vanguard e.t.f. Which has much a lower fee then a kind in the process of seeing that if it's the better to get those lower fees then paid a little bit higher fees on the mutual funds I currently have in t. Rowe Price and then thirdly something that they're offering and this is a paid thing to get some money into a what they call a guaranteed insurance contract. Whereby I guess the idea is. That is also a tax free type of instrument and to get the. Debts as low as possible and their earnings as high as possible that's like a 3rd idea Ok so let me go back a 2nd here Ok How old are you now 61 a couple weeks Ok And you have a pension because you said you're retired teacher Yeah yeah I got a. Huge but it certainly pays the basics so I don't need to tap into this retirement money for in the force you know Ok so let me just so how much do you receive his monthly pension benefit. Yeah. About. 2800 a month Ok great and you have your medical covered through the teacher's pension as well yeah I deducted Oh but it's nice to have Yeah yeah great Ok. Are you married single Yeah Ok And what about your spouse work not work what's the situation. Her parents are very minimal it's more like $300.00 a month Ok. And she's also early sixty's Yeah Ok great kids oh oh oh oh nice well done my friend and tell me a little bit more about the of the sea of $500000.00 in a traditional IRAs that you and your wife in the car and. Probably had about. I believe Ok great how about non retirement assets what have you guys accumulated own homes paid off couple cars they get to rattle property that are paid off those are bringing me well I have to pay the taxes maybe a 1000 per month oh so 2 grand a month and rental income Yeah Ok that's great. And if you look at the just like a safe emergency account see if no retirement you have no assets outside of retirement that are you know invested but you have Ica bank account or C.D.'s just take you know just in case fund emergency reserve Yeah yeah our shake in savings would go through that I mean fair amount of money and about how much oh yeah I know I'm a pain in the grand I'm a perfect great but nothing else there's no like stock account or anything that's floating around right. Ok great now if I look at the let's say call it the $3100.00 between you and your wife covers what your needs are right now yeah and what happens to the extra 2 grand a month that it's coming in from the rental properties very much Wolf. There. But it doesn't you're not spending that money or use it you're not earmarking them for anything right. But it's growing on Ok Ok so I think that what we're talking about here is this idea that if you were to convert your $500000.00 into a Roth that you could potentially not definitely but potentially save tax money in the future however you guys don't have the money set aside that would allow you to pay the taxes that are due right because I really don't want you to spend that $50000.00 emergency reserve fund I conversion costs because you still need it right you need your you absolutely positively need this account ju