Welcome to the 9Innings Podcast where we Educate, Empower and Engage.

ON THIS WEEKS PODCAST: Kevin describes why he decided to open his own RIA, and what lead to his move. He also talks about what he discovered after the move was made, and talk some "Fact vs Fiction". Companies will often make you feel as if you cannot live without them, Kevin takes you on his journey and why that "may" not be true. Website: http://www.9icapitalgroup.com

In this episode, host Kevin Thompson and guest Steven Jarvis, CPA, discuss the complexities and frustrations of current retirement tax rules, focusing on the Roth IRA five-year rule, Social Security taxation, and the “widow’s penalty.” They highlight how outdated IRS technology and convoluted regulations create unnecessary stress for retirees. The conversation blends personal stories, professional insights, and broader reflections on workforce development and education, ultimately calling for tax reform and modernization to make retirement planning simpler, fairer, and more effective for individuals navigating today’s financial landscape.

Stephen Jarvis’ Athletic Background (00:00:51)

The Roth IRA Five-Year Rule (00:06:41)

Record Keeping and Tax Complexity (00:09:19)

Social Security Taxation Formula (00:12:48)

Behavioral Incentives in Tax Law (00:16:30)

Higher Education and Workforce Development (00:20:31)

Economic Value of College Degrees (00:23:33)

Philosophy, Ethics, and Self-Presentation (00:26:19)

The Widow’s Tax Penalty (00:31:42)

National Debt and Tax Policy Complexity (00:33:02)

IRS Modernization and Administrative Complexity (00:36:31)

Challenges of Government System Updates (00:37:45)

Podcast Wrap-Up and Closing Remarks (00:39:00)

NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page

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Corrections: Editing by http://SwoleNerdProductions.com

Disclosure: https://sites.google.com/view/9idisclosure/disclosure

On The Podcast: In this episode, we sit down with Dr. John T. Harvey to unpack Modern Monetary Theory (MMT) and the sustainability of the U.S. government’s $37 trillion debt. Dr. Harvey makes the bold claim that the U.S. cannot be forced to default—because it issues and controls its own currency.

The conversation goes beyond the headlines, exploring:

• The real implications of government spending
• How politics shapes economic narratives
• The role of wealth concentration in policy debates
• Why deficits may not be as dangerous as they sound

This episode challenges conventional wisdom about national debt, arguing that the true focus should be on resource allocation and economic priorities—not just big numbers.

Can the US Default on Its Debt? (00:01:38)

Demand for Currency and Taxation (00:08:30)

Debt Sustainability and Inflation Concerns (00:11:33).

US Debt Growth Over Decades (00:13:16)

Government Debt vs. Household Debt Analogy (00:14:34)

Role of Economic Ideology and Market System (00:19:01)

Public Perception of Inflation (00:25:14)

Government Data, Revisions, and Political Influence (00:31:10)

World Reserve Currency Status and Its Implications (00:36:04)

Cryptocurrency, Stablecoins, and US Dollar Dominance (00:41:08)

Value of Currency and Taxation Anchor (00:42:33)

Limits of MMT: Real Resources and Infrastructure (00:44:14)

Capitalism, Competition, and Billionaire Power (00:45:40)

NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page

Follow Us: youtube: / @9icap

Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428

facebook: / mlb2cfp

Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4

Website: http://www.9icapitalgroup.com

Hit the subscribe button to get new content notifications.

Corrections: Editing by http://SwoleNerdProductions.com

Disclosure: https://sites.google.com/view/9idisclosure/disclosure