Podcasts about IRAS

Did you receive a windfall late in the year and then get penalized for not paying estimated taxes on it earlier? It doesn't seem fair, but the IRS might levy a penalty for that. There is a way to fix it - and similarly for RMDs you might take out in December too. That's the main focus on today's Retirement Headline - and it fits in nicely with our Listener Question as well. Resources: Article by Jeff Levine on the Nerd's Eye View Blog: Using Retirement Accounts To Reduce Estimated Tax Penalties Via Tax Withholding From (Required Minimum) Distributions IRS form 2210: Underpayment of Estimated Tax by Individuals, Estates, and Trusts   Connect with Benjamin Brandt: Subscribe to the This Week in Retirement: http://thisweekinretirement.com Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com Work with Benjamin: https://retirementstartstoday.com/start Get the book!Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement Follow Retirement Starts Today in:Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or iHeart  

Should you stop your Roth conversions at the 22% tax rate, or push into the 24% bracket?  David McKnight responds to a viewer's detailed case for stopping early, revealing why optimizing this year's tax bill can be the wrong retirement planning move over a 30-year horizon. You'll discover his "rip the band-aid off" approach and why saving money on taxes today isn't a victory if it costs you more tomorrow. In a recent video, David McKnight explained why he believes the 24% tax bracket is the sweet spot in the current tax code for Roth conversions. In this episode, he addresses a viewer's comment that laid out a pretty detailed case for why he believes it makes sense to stop at the 22% bracket. The main difference between these approaches, David stresses, is that his viewer is optimizing the tax bill in the year of conversion – while David tries to optimize your tax bill over the balance of your lifetime.  David illustrates why those two approaches can lead you in two entire different directions. Depending on the size of your IRA, the amount you're spending every year, your expected rate of return, and how many years you have before RMDs begin, you may simply not have enough space in the 22% bracket to get any meaningful amount of conversion done. Most of David's clients don't have $100,000 per year of taxable investment income coming out of a brokerage account. The lion's share of their retirement savings tends to be sitting in IRAs and 401(k)s, and they're generally taking distributions from those accounts to support their lifestyle. David discusses his so-called "rip the band-aid off" approach to Roth conversions. The biggest problem with his viewer's argument is the focus on calculating what it costs to convert the money today, without asking what it's going to cost if we don't convert it. The choice may be between paying a somewhat painful tax rate today or allowing that money to compound inside the IRA for another 10-15 years.  That may lead you to deal with larger RMDs, potentially higher tax rates, more taxation of social security, potentially more IRMAA, and the eventual death of one of the spouses. David wonders whether, with the approach suggested by his viewer, you're actually solving the problem or just postponing it. "Because saving money on taxes today isn't much of a victory if doing so ultimately causes you to pay even more over a 30-year retirement", he concludes. Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube

This episode on financial literacy, money psychology, and how spirituality and manifestation can coexist with practical money management. She clarifies she is not a financial advisor and critiques “woo” financial advice that encourages people to spend money they don't have on challenges or expensive coaching by maxing out credit cards. Nikki advocates for building a savings cushion, understanding cash flow, debt and interest rates, and learning about retirement options like 401(k)s (including employer matches), IRAs, and 529 college savings plans. She frames financial stability as supporting nervous system regulation and wellness. She discusses Tara Swart's The Source and summarizes key ideas from Morgan Housel's The Psychology of Money, emphasizing spending less than you make, saving consistently, investing long term, compounding, and defining “enough."Time Stamp:00:00 Welcome to the Podcast00:30 Money Meets Manifestation02:12 Why We Need Both Worlds04:08 Gabby Bernstein Manifestation Challenge07:18 Calling Out Costly Coaching10:43 Practical Money Basics15:01 The Woo Woo Side17:46 Books and Money Lessons22:46 Your Next Money Steps24:04 Be Both Spiritual and PracticalFind Nikki online:Substack - https://nikkilanigan.substack.com/Instagram - www.instagram.com/elevate_and_align_podcast

What does it actually look like to handle money as a Muslim in America today? How would Prophet Muhammed ﷺ do it? How did he do it?In this episode, Sheikh Navaid Aziz, Islamic finance scholar and CIO at Phi Wallet, joins us for a practical conversation about debt, saving, investing, mortgages, marriage, and the financial pressures Muslims deal with every day.We talk about the spiritual impact of debt, whether the Prophet ﷺ experienced financial stress, how to stay generous when money is tight, and how someone living paycheck to paycheck can actually begin saving and investing.We also get into Islamic mortgages: are they really halal? Is it better to rent or buy a house in Islam? Should you finance or lease a car? What should Muslims know about 401(k)s and IRAs? And what does halal investing actually look like when it comes to ETFs, SPUS, HLAL, Amana funds, and other options?We also get into a fun debate on gold, Bitcoin, cryptocurrency, fiat currency, and whether a different kind of financial system is possible.And lets not forget money and marriage...should spouses combine finances, should a working wife have financial obligations, allowances, budgeting, and what happens when financial decisions begin putting pressure on a relationship.This is a wide-ranging conversation about Islamic finance, but more importantly, it's about how to make better financial decisions while trying to stay true to your values.JOIN OUR WEBSITE MEMBERSHIP! @ https://ansaripodcast.comThank You for Your Support!*The Debt Clinic*: https://www.Thedebtclinic.com/ansari*Provision Capital:* https://www.provisioncapital.com00:00 Intro02:02 The Prophet's dua's for wealth06:35 Our Partners08:09 Did the Prophetﷺ have Financial Stress?13:44 How to Start Investing Money 19:46 How much money should you spend & save?25:29 The crazy psychology of rich Muslims30:08 Does a working wife have financial obligations?33:32 Can a Man Insist His Wife Not Work?36:14 Should Spouses Combine Finances?40:41 Should You Buy or Rent a Home?45:44 Would the Prophetﷺ buy a mortgage?01:01:59 Should you buy or lease a Car?01:07:19 Are corporate 401ks halal?01:10:16 Gold: How we change the banking system01:12:07 Fun debate on Cryptocurrency!01:25:57 Can You Minimize Your Taxes for Israel?01:26:30 Outro#investing #islamicfinance #halalinvesting #mortgage #halalmortgage #savingmoney #cryptocurrency #bitcoin #goldstandard*Listen on All Audio Platforms:* https://tr.ee/JeX-ILYSyj*Follow The Ansari Podcast**Instagram:* https://instagram.com/ansaripodcast*TikTok:* https://tiktok.com/@theansaripodcast*Twitter/X:* https://twitter.com/ansaripodcast

Ready to make sure your tax, business, and wealth-building strategies are actually working together? Schedule a Comprehensive Tax and Business Consult with a KKOS attorney to review your current structure - Book a Call Here..On this special episode of the Main Street Business Podcast, host Mat Sorensen sits down with Yvette Spillman, advisor, entrepreneur, and Founder & CEO of National Retirement Institute (NRI), to discuss how business owners and investors can think beyond traditional stock market investing when building and protecting wealth.Yvette shares her approach to working with clients who are heavily concentrated in traditional investments and want to explore alternative assets, tax strategies, and self-directed retirement accounts. The conversation covers how to evaluate different assets based on your personal goals, whether you're focused on growth, income, retirement, or a combination of all three.They also discuss:Why many investors may be less diversified than they thinkHow self-directed IRAs can provide access to alternative investmentsUsing real estate, oil and gas, and other tangible assets as part of a broader wealth strategyThe difference between investing for growth versus creating an income streamHow business owners and entrepreneurs can be particularly well suited for self-directed investingTax planning strategies involving real estate, oil and gas, Solo 401(k)s, and proper entity structuringA real-world case study of a business owner who was paying significant taxes and restructured his investments and retirement strategyThe importance of understanding a client's goals before recommending investmentsThis episode is a practical conversation about looking beyond the traditional investment playbook and building a wealth strategy around your individual goals, risk, income needs, and tax situation.Yvette invites listeners to attend the Sonic Boom Summit in Temecula, California, taking place September 28–30. The three-day event features education for business owners and investors, with Mat Sorensen and Mark J. Koehler among the featured educators, along with other experts in the tax, business, and wealth-building space.Learn more at SonicBoomSummit.com.Ready to Take the Next Step?Work With Mat & Mark's Law FirmGet strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.[Book a Call with KKOS Lawyers]Take Control of Your RetirementWant to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.[Learn More About Directed IRA]Free ResourcesMat Sorensen's Optimal Order of Investing GuideLearn how to prioritize where your money should go and build a smarter investing strategy.[Download the Free Guide]Mark J. Kohler's 30-Point Tax GuideDiscover practical tax strategies and planning opportunities every business owner and investor should know.[Download the Free Guide]Get More From Mat & MarkWatch on YouTubeTax strategies, business planning, investing, asset protection, and more.[Visit the YouTube Channel...

Are you chasing double-digit returns on mortgage notes only to risk losing your principal in a second-lien wipeout? Welcome back to The Note Closers Show Podcast! In this episode, Scott Carson sits down with former defense software engineer turned international digital nomad Harley Green, founder of InvestAway. Broadcasting live from Antigua, Guatemala, Harley shares how he transitioned from active house flipping and corporate 401(k) management to managing over $5M in first-lien private real estate debt in just a few hours a week. Harley pulls back the curtain on common pitfalls self-directed IRA (SDIRA) and passive investors face in today's shifting housing market. He breaks down why junior debt positions carry extreme risk, how to evaluate real-world After Repair Value (ARV) cushions, and how he leverages an lean tech stack with AI-driven underwriting to scale a private lending business without hiring a massive corporate team. Scott and Harley also explore co-lending structures that yield 15% annualized returns, extension terms that prevent defaults, and key markets in the Southeast. The Dangers of Second-Lien Notes: Why junior positions get wiped out in bankruptcy or foreclosure when first liens balloon with legal fees. Transitioning Corporate Wealth: Rolling 15 years of defense industry 401(k) funds into self-directed IRAs to become the bank. The High-Yield Sweet Spot: Structuring 4- to 9-month short-term fix-and-flip loans across single-family and small multifamily assets. Underwriting & Risk Protection: Capping maximum loan-to-value at 75% of ARV and managing extended days on market in softer regions. Southeast Growth Markets: Why markets in Tennessee, Alabama, Georgia, and Kansas City offer ideal entry-level inventory for flipping. AI & Tech Operations: Utilizing custom AI agents to scrub title commitments, flag errors, and manage borrower updates with a single virtual assistant. Passive Co-Lending Structures: How passive SDIRA investors can earn 15% annualized net returns backed by first-position real estate. Borrower Retention & Legal Compliance: Partnering with specialized private lending attorneys instead of relying on title companies or generic templates. Stop chasing high-risk yield and learn how to secure your capital as a first-lien private lender! Connect with Harley Green directly by visiting investaway.co or searching for Harley Green on LinkedIn! Have questions about setting up first-position private notes, analyzing deal collateral, or putting your SDIRA funds to work? Book a strategy call directly with Scott at talkwithscottcarson.com! Register for upcoming virtual masterclasses at notebuyingfordummies.com or wholesalingnotes.com. Remember to subscribe, leave a 5-star review, and share this episode with fellow real estate investors!Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

On this episode: How much wheeling and dealing should a retiree do in the stock market? Social Security says they will cut checks back by 28% in 6 years. Are you ready? What you need to know about inherited IRAs. Keeping inflation in perspective. Subscribe or follow so you never miss an episode! Check out The Fire Your Financial Advisor Retirement Show on YouTube! Learn more at GoldenReserve.com or follow on social: Facebook & LinkedIn.See omnystudio.com/listener for privacy information.

STERNENGESCHICHTEN LIVE TOUR in D und Ö: Tickets unter https://sternengeschichten.live Manche Galaxien leuchten absurd hell in einem Licht, das für unsere Augen unsichtbar ist. Von ihnen können wir aber sehr viel über das Werden und Vergehen von Sternen und Galaxien lernen. Mehr erfahrt ihr in der neuen Folge der Sternengeschichten. Wer den Podcast finanziell unterstützen möchte, kann das hier tun: Mit PayPal (https://www.paypal.me/florianfreistetter), Patreon (https://www.patreon.com/sternengeschichten) oder Steady (https://steadyhq.com/sternengeschichten) Sternengeschichten-Hörbuch: https://www.penguin.de/buecher/florian-freistetter-sternengeschichten/hoerbuch-mp3-cd/9783844553062

For individuals approaching or already in retirement, retirement account structure can become just as important as investment performance. Decisions involving 401(k) plans, traditional IRAs, Roth IRAs, rollovers, and future required distributions can have meaningful tax and planning implications.In this episode, the discussion explores why substantial retirement assets often migrate from employer-sponsored plans into IRAs and what investors should consider once that happens. Topics include traditional versus Roth contributions, backdoor Roth strategies, spousal contributions, income and deductibility limits, in-service distributions, investment flexibility, fees, and the importance of evaluating future tax brackets.The larger point is that there is no universally correct retirement account strategy. Contributions, conversions, and rollovers should be considered within the context of an individual's broader financial and retirement plan.

HOW CAN AUTOMATING YOUR FINANCES HELP BUILD WEALTH? WATCH ON YOUTUBE TYLER KLUGE CFP®, ChFEB℠, CPWA®, CDFA®, CEPS Senior Financial Planner TESSA HALL Media and Communications Specialist About This Episode Building wealth does not always require making more financial decisions. In fact, constantly checking your investments, reacting to market movements, or deciding what to do with extra cash can create more opportunities for emotional mistakes. In this episode of Healthy, Wealthy & Wise, Tessa Hall speaks with BWFA Senior Financial Planner Tyler Kluge about the financial habits that can make staying on track easier. They discuss what to automate, how often to review your investments, where to keep emergency savings, and why a well-designed financial strategy should not require constant adjustments. Tyler also explains how regular planning conversations can help account for changing goals without abandoning a long-term investment strategy. Learn how BWFA can help you build a financial plan that keeps you on track without constant attention. Explore our Financial Planning services or schedule a complimentary consultation to discuss your goals. Frequently Asked Questions About Building Wealth Through Financial Habits How can automating your savings help you build wealth? Automating savings can help make consistent progress toward financial goals without requiring a new decision every month. Tyler recommends first establishing appropriate cash reserves and then considering automatic contributions to retirement plans, IRAs, brokerage accounts, or other investment accounts based on your goals. Automation can also reduce the chance that money intended for long-term savings is unintentionally spent. How often should you check your investments? How often you check your investments should depend partly on how you respond to market movements, but Tyler suggests that most investors do not need to check them daily. Constantly monitoring markets can create stress and tempt investors to react to short-term changes. He suggests that monthly may be sufficient for many people, while broader financial planning reviews can occur every six months or at least annually. Does reviewing your portfolio mean you need to make changes? No. A portfolio review does not automatically mean your investment strategy needs to change. Tyler explains that major shifts are relatively infrequent, while regular check-ins provide an opportunity to discuss changes in income and expenses, upcoming purchases, retirement withdrawals, or other financial goals. Those changes can then be evaluated within the existing long-term strategy. How much money should you keep in your checking account? The appropriate amount depends on your spending and financial situation. Still, Tyler suggests roughly one to one-and-a-half months of expenses as a general guideline for a checking account used to pay bills. Additional emergency savings may be better suited to an account that earns a competitive rate, such as a high-yield savings or money market account, while remaining accessible when needed. Why can paying less attention sometimes make you a better investor? Paying less attention can reduce opportunities to make emotional decisions based on short-term market movements. Tyler points to periods of rapid market declines followed by sharp rebounds as a reminder that reacting to a single difficult day can interfere with a long-term strategy. The goal is not to ignore your finances, but to combine intentional reviews with a strategy designed to withstand normal market fluctuations.

When should you claim Social Security? Is now a good time to build a bond ladder? Will a Roth conversion really save you money, and can you still rely on the 4% rule? In this week's show, we answer a few common listener questions covering these topics, along with inherited IRAs and creating dependable income from your investments. Find what you should consider before making some of retirement's most important financial decisions. Listen in. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

One Big Idea 6 - Driving Purpose-Driven Growth: From Identity Alignment and Cellular Health to Executive ResiliencyIn this episode of One Big Idea, host Josh Elledge connects with Carol Pyke, Dr. Paul Barattiero, Emily Lyman, Stewart Heath, Tanny Diep, and Rachel Apfel Glass to break down the operational strategies required to build enduring brands, optimize human performance, and scale multi-faceted enterprises. Carol Pyke, Keynote Speaker & Workshop Facilitator at Words That Deliver, opens the episode by detailing why executive self-identity serves as an irreplaceable differentiator in an AI-driven economy. Dr. Paul Barattiero, CEO and Founder of LumaNova, then explores the physiological impact of molecular hydrogen on cellular energy and executive performance. Next, Branch & Bramble Founder & CEO Emily Lyman breaks down how direct-to-consumer brands can operationalize empathy to boost customer lifetime value. Stewart Heath, Chief Executive Officer of Harvard Grace Corporation, details the mechanics of syndications and tax-advantaged passive real estate investing. Sway Brows Academy & Studio Founder Tanny Diep introduces the prototyping mindset to help creators convert early action into viable business models. Finally, Gloss Lab and OFICINALE Founder Rachel Apfel Glass closes the episode by sharing the strategic advantages, emotional composure, and risk management strategies of second-time founders.Discovering Your True Identity to Become a Better Leader with Carol PykeIn an era where artificial intelligence can quickly replicate strategic frameworks, generate marketing copy, and automate routine workflows, many corporate leaders struggle to articulate their true value proposition. Personal brand strategist Carol Pyke explains that her "one big idea" addresses this exact challenge: core identity is the ultimate, non-replicable foundation of executive leadership. Drawing from her personal experience of overcoming retrograde amnesia following a stroke, Carol illustrates how professionals frequently mistake temporary external roles, job titles, and career achievements for their actual self-worth. Utilizing her "Mrs. Potato Head" analogy—where the underlying potato represents the unchangeable core and external accessories represent transient professional titles—she challenges leaders to discover who they are before deciding what to execute.To build an unshakeable executive presence that eliminates imposter syndrome, leaders must actively separate their internal identity from external metrics. Carol outlines actionable exercises, such as auditing LinkedIn profiles to remove job-title labels and reframing challenging events by separating raw facts from emotional reactions. By shifting away from short-term public validation and committing to deep self-reflection, executives can lead with absolute authenticity. In a volatile business landscape, establishing a clear, grounded identity enables leaders to make confident, value-aligned decisions that build long-term organizational trust.The Natural Antioxidant Your Body Needs for Energy and Immunity with LumaNova's Dr. Paul BarattieroSustained executive performance, mental clarity, and operational endurance depend heavily on underlying cellular health, yet chronic stress and poor lifestyle habits constantly degrade performance. Dr. Paul Barattiero explains that his "one big idea" centers on the therapeutic role of molecular hydrogen in combating systemic inflammation and oxidative stress. While a healthy colon naturally produces hydrogen gas through anaerobic bacterial activity, over 90% of individuals suffer from gut disruption caused by stress, processed diets, and antibiotics. This breakdown diminishes natural hydrogen production, leading to cellular fatigue, brain fog, and weakened immune function.To counteract these physical bottlenecks, Dr. Paul outlines how restoring molecular hydrogen levels can significantly improve cellular energy production and gut microbiome health. Infusing water with molecular hydrogen and a negative electrical potential mimics a healthy gut ecosystem, providing a selective antioxidant that neutralizes harmful free radicals without disrupting beneficial metabolic processes. For busy founders and high-performing executives, incorporating daily hydrogen therapy helps lower recovery times, sharpen cognitive focus, and protect long-term physical vitality.Building Stronger Direct-to-Consumer Brands Through Empathy and AI with Branch & Bramble's Emily LymanAs automated generative tools flood consumer inboxes and social feeds with generic marketing messages, direct-to-consumer (DTC) brands face a severe crisis of consumer indifference. Marketing strategist Emily Lyman highlights that her "one big idea" redefines empathy: it is not a soft interpersonal skill, but a measurable, business-critical growth strategy. Because human purchasing decisions are driven primarily by emotional connection rather than feature lists, brands that rely solely on automated, spec-heavy copy fail to build lasting customer relationships. By leveraging AI strictly for data research—mining customer reviews, support tickets, and social sentiment for underlying emotional patterns—marketers can uncover what truly resonates with their audience.To operationalize empathy across multi-channel campaigns, brands must establish structured frameworks to research, score, and scale emotional resonance. Emily emphasizes that while AI can efficiently surface data trends, human strategists must interpret those findings to craft authentic, value-driven brand narratives. Reframing product messaging around customer values—such as positioning safety features around protecting family experiences rather than listing technical specifications—dramatically improves conversion rates and long-term retention. Treating empathy as a core marketing discipline enables DTC companies to cut through digital noise and build enduring brand equity.Everything You Need to Know About Syndications and Passive Investing with Harvard Grace Capital's Stewart HeathMany high-earning professionals remain trapped on the corporate treadmill because their financial growth depends entirely on active, earned income that carries heavy tax burdens. Real estate executive Stewart Heath shares his core thesis: passive real estate syndications provide a reliable, tax-advantaged path to replacing working income and building generational wealth. Commercial real estate offers built-in inflation protection, tangible asset backing, and equity multiplication through conservative leverage. Furthermore, pass-through tax benefits like accelerated depreciation allow investors to offset passive distributions, shielding their cash flow from heavy taxation.Achieving true financial independence through passive real estate requires a disciplined approach to sponsor selection and deal structuring. Stewart advises investors to thoroughly vet real estate sponsors by analyzing their historical track records, operational transparency, risk-management protocols, and alignment of interest through preferred return structures. Investors can also utilize self-directed IRAs or 401(k)s to deploy tax-deferred capital into commercial syndications across multiple property types. By focusing on steady cash-flowing assets and reinvesting refinancing proceeds, passive investors can systematically construct a resilient portfolio that delivers predictable, long-term returns.Turning Early Practice into Real Business Opportunities with Sway Brows Academy & Studio's Tanny DiepA common trap for aspiring entrepreneurs and creative professionals is falling into "analysis paralysis"—spending months over-preparing, conducting endless market research, and perfecting products behind closed doors before ever testing them with real customers. Beauty industry educator and business coach Tanny Diep introduces her "one big idea": actionable business clarity does not exist until you launch and test in the real world. Relying on theory or simulated practice creates a false sense of security, whereas immediate real-world deployment provides the critical feedback needed to refine an offering.To convert concepts into viable business opportunities, founders must adopt a lean, prototyping mindset. Tanny encourages entrepreneurs to simplify their initial offerings down to a minimum viable product (MVP), launch quickly to a target audience, and gather direct market feedback. Overcoming perfectionism requires making an offering exist first before attempting to make it perfect. By pairing immediate execution with fast, iterative refinement, business owners build operational resilience, cultivate genuine client confidence, and establish a distinct competitive edge.The Entrepreneurial Comeback That Proves Patience Pays Off with Rachel GlassLaunching a second or serial venture is a fundamentally different experience than building a first company, primarily due to the emotional composure and perspective gained from past setbacks. Serial entrepreneur Rachel Apfel Glass shares her insights as a second-time founder, presenting her "one big idea": sustainable entrepreneurial growth relies on emotional resilience and protective detachment. While first-time founders often view every vendor mistake or operational hiccup as an existential crisis, experienced founders learn to manage emotional swings, anticipate normal operational friction, and approach problems with a calm, solution-oriented mindset.Navigating second-time entrepreneurship successfully requires transforming hard-won lessons into systematic operational playbooks. Rachel highlights how managing founder anxiety involves normalizing daily business challenges and leaning heavily on an established...

In this episode: IRA Rollovers — Rolling over traditional 401(k)s and IRAs, converting traditional IRAs to Roth IRAs, required minimum distributions, and estate planning considerations. Natural Disaster Tax Relief — New federal legislation easing casualty loss write-offs for qualified disaster victims, including timing and eligibility details. Corporate Transparency Act Update — Final ruling on beneficial ownership reporting requirements and what it means for US companies. Cybersecurity & Scam Prevention — Ongoing threats from cyber thieves targeting taxpayer data, reminders to use secure portals, and general vigilance against phishing and fraud. Proposed Restrictions on Refundable Tax Credits — Proposed regulations that would deny certain refundable credits (EITC, child tax credit, etc.) to immigrants who are not qualified aliens, and the legal challenges ahead.

Schedule a Free Financial Assessment with an experienced professional:https://bit.ly/YMYWassessCJoe Anderson, CFP® and Big Al Clopine, CPA are spitballing Roth conversions from every angle today on Your Money, Your Wealth® podcast number 597. John in Oklahoma is 75, sitting on a million dollars in traditional IRAs, and he's got a whole list of reasons NOT to convert to Roth. Is he right? Is it worth it as part of his retirement strategy? Jonathan and Jennifer in Phoenix have over six million dollars in tax-deferred accounts. How much should they convert, and where should they stop? J and C in Hawaii are both 38 and want to walk away from work at 55. How do they bridge the gap? And finally, are Bonnie and Clyde working for nothing if it all just turns into a giant tax bill?Retirement Accounts Guide - free download:https://purefinancial.com/white-papers/retirement-accounts-guide/?utm_source=captivate&utm_medium=podcast&utm_campaign=whitepaper-retirement-accounts-guide&utm_content=ymyw-pod-ep597-description-whitepaperUltimate Investing Guide - free download:https://purefinancial.com/white-papers/the-ultimate-investing-guide/?utm_source=captivate&utm_medium=podcast&utm_campaign=whitepaper-ultimate-investing-guide&utm_content=ymyw-pod-ep597-description-whitepaperOnce Retirees See This Data, They Stop Worrying About Investing - YMYW TV:https://purefinancial.com/ymyw/episodes/once-retirees-see-this-data-they-stop-worrying-about-investing/?utm_source=captivate&utm_medium=podcast&utm_campaign=ymyw-tv&utm_content=ymyw-pod-ep579-description-tv-s12e03Financial Blueprint (free, self-guided):https://bit.ly/YMYWblueprintCREQUEST your Retirement Spitball Analysis:https://bit.ly/YMYWaskCDOWNLOAD more free guides:https://bit.ly/YMYWguidesCREAD financial blogs:https://bit.ly/YMYWblogCWATCH educational videos:https://bit.ly/YMYWvidsCSUBSCRIBE to the YMYW Newsletter:https://bit.ly/YMYWnewsletterCConnect With Us:Subscribe on YouTube and join the conversation in the comments:https://bit.ly/YMYW-YTSubscribe or follow YMYW in your favorite podcast app:https://lnk.to/ymywLeave your honest reviews and ratings in Apple Podcasts:https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254Chapters: 00:00 - Intro: This Week on the YMYW Podcast00:55 - Roth at 75: Does the Math Actually Work? (John, OK)10:03 - 12M and Still Worried About Taxes: Roth Conversion Spitball (Jonathan & Jennifer, Phoenix AZ)16:47 - Retiring at 55 in Hawaii: When Do We Start the Taxable Account? (J & C, Hawaii)27:26 - Am I Just Working to Create a Bigger Tax Problem? (Bonnie & Clyde)34:20 - Outro: Next Week on the YMYW Podcast36:53 - The Derails: Hart to Hart, Minutiae, and Levels of Fame

Jackson joins Drew this week as they talk to callers and answer questions regarding home care coverage, Trump accounts, IRAs, life insurance, tax withholding and brackets, and more! Download and enjoy!

(Short episode) One small assumption can turn a routine Required Minimum Distribution (RMD) into an IRS penalty, and it happens to smart retirees all the time. We walk through the real-world RMD mistakes we see most often, using simple examples that make the rules stick without the jargon overload.The “married filing jointly” trap: Why you still cannot satisfy two spouses' IRA RMDs from one person's account, even if the household withdraws the right total. Then we get practical about aggregation rules, because not every retirement account plays by the same combining logic. Traditional IRA RMDs can be aggregated across multiple IRAs, but 401(k) RMDs generally cannot. We also explain the 403(b) exception, and why mixing up IRA, 401(k), and 403(b) rules can create an accidental shortfall on the account you never touched.We cover the rollover mistake that surprises people consolidating an old 401(k) into an IRA after reaching RMD age. RMDs cannot be rolled over, and skipping that step can lead to an excess IRA contribution and an ongoing penalty until it is fixed. If you care about retirement tax planning, RMD rules, and avoiding unnecessary IRS penalties, this is a quick listen that can save real money.

This week, we're covering a simplified process for rollovers from employer-sponsored plans to IRAs and vice versa.

You just received an inheritance. Now what? Before you sell investments, take distributions, pay off debt, or make a major purchase, it's important to understand exactly what you've inherited and the tax rules that come with it. In this episode, Tyler Emrick, CFA®, CFP®, walks through the biggest financial decisions that can come with an inheritance and explains why some seemingly simple moves can create unintended tax consequences. In this episode, Tyler covers: What to do first after receiving an inheritance. Why you shouldn't immediately liquidate inherited assets. Tax considerations for inherited brokerage accounts, IRAs, Roth IRAs, annuities, and real estate. How inherited IRA distribution rules can create tax planning opportunities. Why you shouldn't automatically keep the investments you inherit. How an inheritance can create an opportunity to rethink asset allocation and asset location. How an inheritance could change your retirement, tax, estate, and spending plans.   Our website:  https://www.truewealthdesign.com/  Phone: 855.TWD.PLAN Contact our team: https://www.truewealthdesign.com/contact-a-financial-advisor/  Schedule your no-cost discovery call: http://bit.ly/calltruewealth    Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/    Facebook: https://www.facebook.com/TrueWealthDesign/  LinkedIn: https://www.linkedin.com/company/true-wealth-design/  X: https://x.com/truewealthdesgn    Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1

In this episode of Retire with Style, Wade Pfau and Alex Murguia delve into various retirement income strategies, focusing on hybrid approaches that combine time segmentation and income protection. They discuss the optimal withdrawal order from retirement accounts, the importance of blending in tax planning, and the nuances of using inherited IRAs for tax payments. The conversation also covers the evaluation of Roth conversions, the complexities of annuities, and how to identify poorly designed products. Throughout, they emphasize the distinction between viewing annuities as investments versus insurance contracts, providing listeners with valuable insights for their retirement planning. Listen now to learn more!   Takeaways Hybrid strategies can combine time segmentation and income protection. The conventional wisdom is to withdraw from taxable accounts first. Blending spending from different accounts can optimize tax efficiency. Inherited IRAs can be used to pay taxes, but may increase taxable income. Roth conversions should be evaluated annually for tax implications. Annuities should be approached with caution due to potential high costs. Look for transparency in annuity fees and terms. Not all annuities are designed equally; some may be poorly structured. Annuities serve as insurance against outliving assets, not just investments. Understanding the purpose of annuities is crucial for effective retirement planning.   Chapters 00:00 Exploring Hybrid Strategies in Retirement Income 03:08 Withdrawal Order: Roth vs. IRA Accounts 05:50 Understanding Blending in Tax Planning 08:51 Using Inherited IRAs for Tax Payments 11:59 Evaluating Roth Conversions Annually 15:14 Navigating Annuities: Finding the Right Fit 17:49 Identifying Poorly Designed Annuities 21:06 Annuities as Insurance vs. Investments   Links

Is a Roth conversion always the right move, or could keeping money in a traditional IRA make more sense? In this episode, Frankie Guida explores why traditional IRAs remain an important retirement planning tool and discusses situations where delaying taxes may be more beneficial than converting to a Roth. He breaks down the advantages and tradeoffs of both approaches, including tax deductions, required minimum distributions, future tax considerations, and retirement income planning. The conversation highlights why retirement tax strategies should be based on individual circumstances rather than broad assumptions. . Schedule a complimentary appointment: A Better Way Financial Learn more about Frank and Frankie's book here! Buy Frank's book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.” Buy Frankie's book! Amazon Best Seller, ""A Better Way to Retire: How a Fiduciary Retirement Planner Can Be the Key to Financial Success" CLICK HERE to register for one of our upcoming Tax-Smart Retirement Planning Dinner Workshops. Follow us on social media: Facebook | LinkedIn | YouTube See omnystudio.com/listener for privacy information.

There is $19 trillion sitting in American retirement accounts and approximately 1 in 5 of those accounts isn't invested in anything. The money is in cash, and those people may not know.In this episode, Mikey Taylor and Michael Michalov break down what some don't realize they do with their 401(k)s and IRAs. From the 100% matching  employees may be leaving on the table, to the Roth conversion strategy Mikey used the year he started his company, this is the retirement conversation you may not have had before.In this episode:• The $19 trillion problem• The Vanguard study: most people sitting in cash don't know they are• Max the match: the closest thing to “free money” people ever get?• Roth vs. traditional — where do you want to be taxed?• The Roth conversion move (income limits don't apply to conversions)• IRA diversification beyond the stock market — real estate and private marketsThis podcast is for education only and is not financial, tax, or legal advice. Talk to your own advisor before making any moves.

Is 65 the Right Time for a Reverse Mortgage? What You Need to KnowTurning 65 is a significant milestone, a moment often filled with reflection on the past and anticipation for the future. For many, it marks the official entry into retirement age, even if you're still enjoying your career. You might be thinking about your financial future, how to make your savings last, or simply how to ensure comfort and security in the years ahead. It's a common misconception that a Reverse Mortgage is only for those who are already retired and facing immediate financial hardship. In fact, one of the most powerful and often overlooked benefits of a Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is its ability to grow over time, even if you're still working. Imagine having a financial safety net that actually expands each year, ready to support you when you truly need it. This proactive approach to financial planning can provide incredible peace of mind and flexibility, making your 65th birthday the perfect time to explore this smart strategy.Strategic Financial Planning: How a HECM Line of Credit Grows While You're Still WorkingAs you approach 65, your financial landscape likely includes your home - a significant asset that has built equity over the years. Many homeowners assume this equity is only accessible by selling their home or taking out a traditional loan with monthly payments. However, a HECM Line of Credit offers a unique alternative, especially for those who are still working and not yet ready to fully tap into their home's value. The magic lies in its growth feature: the unused portion of your line of credit actually increases over time. This isn't just a hypothetical benefit; it's a built-in feature designed to enhance your financial security.Think of it this way: you establish a HECM line of credit today, at 65. You might not need to draw any funds immediately because you're still working and your income is stable. Yet, that line of credit doesn't just sit there stagnant. The unused balance grows at the same interest rate as the loan, compounded over time. This means that the amount of money available to you in the future will be larger than what was initially approved, without you having to make any monthly payments (as long as you continue to pay property taxes, homeowner's insurance, and maintain the home). It's like having a financial reservoir that automatically replenishes and expands, creating a more substantial resource for your later years.This strategy is particularly appealing for those who envision a phased retirement or simply want to fortify their financial position without incurring new monthly obligations. By setting up a HECM line of credit now, you're essentially creating a future funding source that grows larger each year. This growth can significantly increase your available funds by the time you do decide to fully retire or if an unexpected need arises. It provides an incredible buffer against future uncertainties, allowing you to preserve your other retirement savings, like 401(k)s and IRAs, for as long as possible. The flexibility of a HECM line of credit means you can access funds only when you need them, in the amounts you need, without being locked into a fixed payment schedule.Imagine the freedom of knowing that if your income changes, or if an unforeseen expense comes up down the road, you have a growing pool of tax-free funds available from your home equity. This isn't about spending your equity today; it's about strategically positioning it to work harder for you tomorrow. It's a proactive financial move that offers security and peace of mind, allowing you to continue working on your terms, knowing that your home equity is steadily growing as a future financial resource. To understand how this growth feature could specifically benefit your financial planning, we encourage you to visit www.ddamortgage.com and connect with our experts.Battling Inflation: How a Reverse Mortgage Can Combat Rising Costs in RetirementEven if you're not fully retired, or if you are already enjoying your golden years, one thing is undeniable: inflation is a very real and persistent challenge. The cost of nearly everything seems to be on a relentless upward trajectory. From the moment you fill your gas tank to the checkout line at the grocery store, and from your monthly insurance premiums to unexpected medical bills, the purchasing power of your dollar continues to erode. This can be particularly concerning for those on a fixed income or relying on a carefully planned retirement budget. What felt sufficient just a few years ago might now feel strained, and the worry about making ends meet can cast a shadow over what should be a time of relaxation and enjoyment.Consider the everyday expenses that impact your budget.Tune in and learn: https://www.ddamortgage.com/blogDidier Malagies NMLS #212566DDA Mortgage NMLS #324329 Support the show

No one likes to think about losing a spouse—but having a plan is one of the greatest acts of love you can leave behind. In this episode of Finishing Well, Certified Financial Planner Hans Scheil and co-host Robbie Dilmore explore the critical financial and estate planning decisions every married couple should make before it's too late. Drawing inspiration from King David's careful preparation for Solomon, they discuss how thoughtful planning can protect the surviving spouse while creating a lasting legacy for future generations. You'll learn how the loss of a spouse impacts Social Security, Medicare, taxes, IRAs, long-term care, investments, and estate planning—and why proactive strategies like Roth conversions, beneficiary reviews, and life insurance can make all the difference. Whether you're in a first marriage, a blended family, or simply want peace of mind, this conversation offers practical wisdom rooted in biblical principles. Because the best estate plan isn't just about passing on possessions—it's about caring for the people you love most.

Episode 656: John and Justin explore the key tradeoffs between leaving your IRA directly to loved ones or passing it through a trust. Then, learn how smart decisions about spending, taxes, income, and market risk can help protect the seven-figure retirement savings you worked so hard to build.

Tired of paying more to the IRS on your investment gains? A self-directed IRA can help you take advantage of tax-advantaged investing while giving you more control over where your retirement dollars go. Book a free 15-minute call with Directed IRA to learn more and get started In this episode of the Directed IRA Podcast, Mark and Mat Sorensen break down the Rule of 72 and explain how investors can use this simple calculation to understand the power of compounding and the time it can take for an investment to double.The conversation explores how rate of return, taxes, fees, and the type of investment account can significantly impact long-term wealth. Mat and Mark use real-world examples to compare different rates of return and demonstrate how even seemingly small differences can create substantial gaps in portfolio growth over time.They also discuss how self-directed IRAs can give investors greater flexibility to choose from a broader range of investments, including real estate, private lending, private funds, precious metals, cryptocurrency, and other alternative assets. The episode highlights the importance of considering not only potential returns, but also tax efficiency and investment costs when evaluating long-term strategies.In this episode, they discuss:How the Rule of 72 estimates the time it takes for an investment to doubleWhy compounding can have such a significant impact on long-term wealthHow different rates of return can change the trajectory of an investmentThe potential impact of taxes and fees on investment growthWhy tax-advantaged accounts can help reduce the impact of taxes on investment returnsHow self-directed IRAs provide the flexibility to invest beyond traditional Wall Street assetsThe importance of evaluating investment opportunities based on long-term growth rather than short-term performanceThe episode ultimately focuses on a simple question for investors: How can their money work harder for them over the long term?For questions or to learn more about this episode's topic, book a call with an IRA specialist here: https://directedira.com/appointment/Interested in learning more about alternative investments? Join us this year at the Alternative Asset Summit October 22 & 23, where you'll hear from industry experts and connect with like-minded investors exploring new ways to build wealth: https://altassetsummit.com/Other:Mat Sorensen: https://matsorensen.comMark J. Kohler: https://markjkohler.com/ KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com

In this episode we answer emails from Kelly and Jose (Joe).  We discuss simple spreadsheet applications for organizing portfolios, review a planned risk-parity style portfolio, discuss issues with transitioning and international fund choices and proportions, and why you should not fear "high market valuations" because risk-parity portfolios already solve for that exact problem, unlike simplistic large-cap weighted portfolios.  In fact, that is one of the main reasons risk-parity style portfolios make for better retirement portfolios with higher safe withdrawal rates.Links:Father McKenna Center Donation Page (please mention Risk Parity Radio in the comment section with your donation):  Donate - Father McKenna CenterRisk Parity Chronicles Free Portfolio Tracker and Explanatory Video:  How to use the RPC Capital Efficient Portfolio TrackerAfford Anything Risk Parity Portfolio Blueprint:  Afford Anything frank-vasquez-risk-parity-portfolio-BluePrint.pdf - Google DriveJeremy Grantham on the Long-View Podcast:  Jeremy Grantham ‘Almost Everything Looks More Attractive Than the US Equity Market' - YouTubeF. Vasquez EconoMe 2025 Slide Presentation:  F. Vasquez EconoMe 2025 Presentation.pdf - Google DriveBreathless Unedited AI-Bot Summary:Retiring soon and staring at market charts that look “too high” can mess with your head, even if your plan is solid. We hear that anxiety loud and clear in today's mailbag, and we respond with what actually helps: better visibility across accounts, clear asset allocation targets, and a process you can follow when emotions spike.First, we tackle the nuts-and-bolts problem almost every DIY investor hits: holdings scattered across IRAs, 401(k)s, and a taxable brokerage account. We share a simple way to track everything on one page using a Google Sheet that updates prices automatically, and we talk about how AI tools like Gemini NotebookLM can organize raw account statements into a clean spreadsheet, even adding details like unrealized capital gains. The point is not fancy software, it's seeing your true portfolio mix so you can rebalance with confidence and avoid constant tinkering.Then we get into portfolio construction: equity levels that feel conservative vs aggressive in a risk parity style setup, when Treasury bond exposure may be on the high side, and how to think about diversifiers like gold (GLDM) and managed futures (DBMF). We also answer practical questions about VTI and VXUS, whether adding a dedicated growth fund matters, and how to split small cap value between AVUV and AVDV without over-optimizing.Finally, we address the big fear: what happens if you invest or rebalance near all-time highs right before retirement? We walk through why a diversified risk parity style portfolio can reduce peak-valuation risk, how safe withdrawal rates look when you test retirement start dates near major market peaks, and why a written execution plan often beats trying to time the perfect day. If this helped, subscribe, share the show with a friend who's nearing retirement, and leave us a review on your podcast app.Support the show

Retirement spending can feel risky, even when your savings, income, and investments suggest that you are financially secure. After decades of careful saving, many retirees struggle to use money from their U.S. brokerage accounts, IRAs, and Israeli savings because they remain focused on uncertainty and the possibility of running out. A clear retirement plan can help separate responsible caution from unnecessary fear. Reviewing your assets, income, expenses, and accessible reserves can show whether your money can support meaningful spending without threatening your long-term financial security. Review your complete financial picture, including U.S. and Israeli accounts. Distinguish genuine financial risk from a long-standing fear of spending. Consider the cost of postponing important decisions and experiences. Set aside money specifically for planned, meaningful retirement spending. Sschedule your free introductory call to see if we're a good fit: https://profile-financial.com/call

My wife owed $38,000 on her Jeep at 7% interest. I pulled the full amount out of a whole life insurance policy, paid the bank in full, got the title, and now we set our own repayment terms. The best part? I'm still earning interest and a dividend on that money even though I borrowed it. That's called uninterrupted interest, and it's the reason my wife and I invest every dollar into these policies and nothing into 401(k)s, IRAs, or the stock market.In this episode, I walk through a real whole life insurance illustration from start to finish. $5,000 a year, age 30, and I show you exactly what happens to your money over 10, 20, 40, and 70 years. How the cash value builds. How the dividend grows every single year. How the death benefit protects your family tax-free. And how you can use this policy as your own personal banking system to pay off vehicles, fund a business, handle emergencies, and build tax-free retirement income.We started with one $5,000 policy funded by our annual calf check. Today we invest over $20,000 a year across multiple policies for our entire family. We've used them to pay off two vehicles, buy a camper, fund business moves, and we're about to pay off a horse trailer next.This is not for everyone. If you lack discipline or refuse to learn how it works, it's a terrible investment. But if you're willing to study it and execute, it will serve you and your family for generations.Want to see your own illustration? Call 435-557-3170

Most people think about taxes once a year, when it's time to file their return. But tax preparation and tax planning are two very different things. Tax preparation looks backward. Tax planning looks forward. And when you're approaching retirement, that distinction can have a major impact on how much of your money you actually get to keep.In this episode, Kevin shares a story from earlier in his career that changed the way he thought about taxes and financial advice. Then he breaks down some of the biggest tax-planning opportunities retirees and those approaching retirement should be thinking about throughout the year, not just during tax season.We'll discuss capital gain and tax-loss harvesting, Social Security taxation, ACA premium tax credits, Medicare IRMAA surcharges, charitable giving strategies, qualified charitable distributions, Roth conversions, inherited IRAs, and more.More importantly, we'll look at how all of these decisions interact.Because good retirement tax planning isn't simply about paying the least amount of tax this year. It's about making intentional decisions today that could help you better manage your lifetime tax bill.If you're approaching retirement with significant savings and wondering whether you're being proactive enough about taxes, this episode will give you a framework for what to be thinking about before year-end.⁠⁠Are you interested in working with me 1 on 1?⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Click this link to fill out our Retirement Readiness Questionnaire⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Or,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠visit my website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⛳ PFR Nation (Who This Is For)If you're over 50, have saved seven figures (or multiple seven figures), love golf and travel, and you want to make work optional while minimizing taxes… welcome to the right place.-KevinConnect with me here:​⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow the podcast⁠​⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join My Company Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠This is for general education purposes only and should not be considered as tax, legal or investment advice.

This week on Financial Planning: Explained, host Michael Menninger, CFP®, welcomes back Nick DeVito, CFP®, to break down one of the most important and often misunderstood topics for beneficiaries of retirement accounts: Inherited IRAs and the IRS rules that apply to them. When you inherit an IRA, the rules for taking distributions can be very different from the rules that applied to the original account owner. Depending on when the account owner died, your relationship to the deceased, and other factors, you may face specific distribution requirements, deadlines, and potential tax consequences. Mike and Nick walk through the key rules surrounding inherited IRAs and explain what beneficiaries need to understand when they inherit a traditional IRA or other retirement account. They discuss the 10-year rule, required minimum distributions (RMDs), beneficiary requirements, and some of the common mistakes that can create unexpected tax problems. The episode also includes a real-world client situation involving a large, well-known financial institution. Mike and Nick discuss how the institution provided the client with incorrect guidance about handling an inherited IRA, highlighting just how confusing these rules can be—even when someone is working with a major financial company. The case study demonstrates why beneficiaries should carefully evaluate inherited IRA advice and understand the rules before making potentially costly decisions. The conversation also highlights why inherited IRAs should not simply be treated like your own retirement account. Understanding the applicable IRS rules and creating a distribution strategy can be critical to avoiding unnecessary taxes and penalties while making the most of an inherited retirement account. Viewers will gain valuable insight into: What happens when you inherit an IRA How the IRS inherited IRA rules work The inherited IRA 10-year rule explained When inherited IRA beneficiaries may be required to take distributions How RMD rules apply to inherited IRAs Important differences between inherited IRAs and your own IRA How beneficiary status can affect inherited IRA distribution rules Potential tax consequences of inherited IRA distributions A real-world example of incorrect inherited IRA guidance from a large financial institution Why even major financial institutions can get inherited IRA rules wrong Common inherited IRA mistakes beneficiaries should avoid What the SECURE Act changed for inherited retirement accounts Why timing matters when taking distributions from an inherited IRA How inherited IRA rules can affect your overall tax strategy What beneficiaries should know before taking money out of an inherited IRA Why professional retirement and tax planning can be important after inheriting an IRA Inherited IRAs can come with complicated rules, and making the wrong move can potentially result in unnecessary taxes or penalties. As this episode's real-world case study demonstrates, the size or reputation of a financial institution doesn't necessarily mean that the advice you receive is correct or appropriate for your specific situation. Whether you've recently inherited an IRA, expect to inherit one in the future, or are helping a family member plan for an inherited retirement account, understanding the rules can help you make more informed financial decisions. This episode provides a practical overview of inherited IRA rules and the IRS requirements beneficiaries should understand as they navigate retirement account inheritance and wealth transfer. For more information on Menninger & Associates Financial Planning, visit: https://maaplanning.com

Could a simple birthday milestone cost you more in taxes than you realize? In this episode, Jackie Campbell discusses why the next 10 years may be one of the most important planning windows for retirement, taxes, inherited IRAs, and Medicare costs. Jackie explains how age-based milestones, tax changes, and lack of coordination between financial decisions can create unexpected challenges, and why having a long-term strategy matters. The conversation also explores Market Guard’s approach to tax efficiency and investment planning. For more information or to schedule a consultation call 352-251-1015 or visit www.mycampbellandco.com! Follow us on social media: Facebook | YouTube | X | InstagramSee omnystudio.com/listener for privacy information.

529 college savings mistake: learn how to avoid losing financial aid money. The same tuition savings can cost you thousands in college aid — here's why. Andy and Pearl Lockwood walk through exactly how a 529 is counted. Here is the part most families never hear: the same $100,000 in a 529 college savings account is treated one way on the FAFSA and a far harsher way on the CSS Profile. On the FAFSA it costs roughly $5,600 of eligibility. Counted as a student asset on the CSS Profile, the penalty jumps to $25,000. Same money. Same family. Wildly different financial aid outcome — decided entirely by whose asset it is and which form the college uses. If you are saving for college and have a Class of 2027 or 2028 student, listen before you move a dollar. IN THIS EPISODE • How a 529 college savings account is actually counted for financial aid, and why the answer changes depending on the college.• The FAFSA math: for every $100,000 saved in a 529, roughly $5,600 of aid eligibility disappears.• The CSS Profile penalty: the same $100,000 as a student asset costs $25,000 — 25% instead of 5.64%.• Why CSS Profile colleges judge your savings harder.• Qualified higher education expenses — what a 529 can actually pay for.• The cost-basis trap: selling at a large gain can wipe out your aid benefit for that year.• The accounts exempt from the financial aid ledger — IRAs, 403(b), SEP, qualified annuities.• Why this is powerful for a minority of families, and why you need a qualified financial planner first. ABOUT LOCKWOOD COLLEGE PREP Andy Lockwood and Pearl Lockwood run Lockwood College Prep in Glen Head, Long Island, working with families nationwide on college admissions, the college essay, and financial aid. Their P4 system — Plan, Path, Position, Pay Wholesale — helps families pick a college that fits and pay far less than sticker price. Work with Andy and Pearl: https://LockwoodCollegePrep.com``` --- ## CHAPTERS (if the host supports them)```0:00 – LCP intro0:34 – Welcome to College Coffee Talk2:26 – What a 529 college savings account really is4:22 – Is a 529 good or bad for financial aid?6:04 – Why CSS Profile colleges judge a 529 harder7:56 – The $100,000 question: what saving actually costs you9:48 – Qualified higher education expenses11:42 – Weighing the cost against the aid benefit13:24 – Low cost basis, big gain, and the year your aid disappears15:14 – The exempt accounts: IRAs, 403(b), SEP, annuities17:04 – Why you need a qualified financial planner18:04 – When it works it's powerful — but it's a minority of families20:45 – Applying to generous colleges22:34 – Drumroll: $17624:25 – Paying $120,000 for warmer weather and football`

Retirement is the beginning of a new story, and the decisions you make leading up to your last working day can significantly impact your financial well-being and peace of mind. On the show this week, I focus on the importance of timing your retirement and how choosing the specific month to retire can significantly impact your finances, taxes, and benefits.    There are various financial and emotional factors to weigh—ranging from optimizing pensions and bonuses to health insurance coverage and even non-financial considerations like climate and seasonality. Careful planning avoids costly mistakes, such as unnecessary taxes or missed income opportunities. I also explore listener questions, covering topics such as whether to pay off your mortgage before retiring, how much cash to keep on hand, how to develop a withdrawal strategy, and how to plan for inherited IRAs, to empower you to make informed choices as you approach or navigate retirement. >   You will want to hear this episode if you are interested in...   [01:45] How the timing of retirement affects financial outcomes [05:55] Timing retirement with bonuses [12:11] Timing retirement for tax benefits [16:32] Paying off mortgage before retirement [18:50] Premature 401 (k) withdrawal tax mistake [26:44] Benefits of early Roth conversions [31:49] Planning a tax-free legacy [41:54] Understanding annuity and IRA rules   The Right Month to Retire   One concept discussed was the surprising significance of when in the year you retire. Many people pick their retirement date based on sentimental reasons—such as a birthday or simply reaching the end of a fiscal quarter. In actual fact, the month you retire can swing your benefits, taxes, and overall income.   There is a financial advantage of retiring early in the year, particularly in the spring. Retiring after you've earned just a few months of income keeps you in a lower tax bracket for the year. This allows you to maximize Roth IRA or 401(k) contributions, capitalize on the year's HSA limits, and possibly stack up a payout on unused vacation and PTO in a low-income year—saving you thousands in taxes. Conversely, retiring near the end of the year—after most income is already earned—often means higher taxes on lump-sum payouts and fewer options for account contributions.   Retiring into spring, particularly in colder climates, can offer a positive mental boost, making the transition out of work more enjoyable compared to the isolation of a winter retirement.   Don't Leave Money on the Table   Specific benefits such as bonuses, profit sharing, and pension calculations are often tied to your official retirement date. For instance, certain pension plans count an additional year of service if you retire in January rather than December, potentially increasing your monthly payout for life.   Bonuses commonly paid in the first quarter motivate many to extend their tenure until after the check clears. Health insurance is another major factor—timing your departure can determine whether you maximize employer contributions or face high premiums through COBRA or private options, especially if you retire before becoming Medicare-eligible at 65.   Mortgage Decisions: To Pay Off or Not to Pay Off?   A popular listener question is whether to pay off your mortgage before retirement. While there's no one-size-fits-all answer, many self-made millionaires pay off their homes early. Without a mortgage, your required monthly income drops—granting financial flexibility and security.   Rushing to pay off your mortgage by tapping tax-deferred accounts while still earning a high salary can lead to hefty tax bills—sometimes costing tens of thousands extra. Instead, consider timing large withdrawals for when your income is lowest to minimize taxes, especially in your first year of retirement.   Making Your Money Last There are many different approaches to withdrawing funds in retirement, like proportional withdrawals across tax buckets, or spending from traditional IRAs first and Roth IRAs last, and they can have drastic long-term tax implications.    Legacy goals further complicate the equation. If leaving tax-efficient inheritances or charitable gifts is important, incorporating those aims into your withdrawal strategy early makes a huge difference for heirs. Mapping out these decisions alongside a financial planner can mean hundreds of thousands in potential savings. Retirement is a complex transition that deserves a thoughtful, strategic approach. The months and years leading up to your last day at work hold opportunities (and pitfalls) that can greatly affect your financial future.  Resources & People Mentioned   3 Steps to Retirement Planning Ramsey Solutions    Connect With Gregg Gonzalez   Email at: Gregg.gonzalez@lpl.com Podcast: https://RetireStrongFA.com/Podcast Website: https://RetireStrongFA.com/ Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube Subscribe to Retirement Made Easy On Apple Podcasts, Spotify, Google Podcasts

If you've recently inherited an IRA or need help getting the account established, Directed IRA can help you through the process and get your Inherited IRA opened: https://directedira.com/appointment/Need help establishing your estate plan? KKOS Lawyers can help you coordinate your estate plan, retirement accounts, beneficiary designations, trusts, powers of attorney, and other important estate-planning documents so your assets are positioned to pass according to your wishes: https://kkoslawyers.com/In this special collaboration between Directed IRA and KKOS Lawyers, Mat Sorensen, CEO of Directed IRA and Senior Partner at KKOS Lawyers, sits down with Senior Attorney Ryan Tosto to break down what happens to your IRA or 401(k) when you die and how to make sure your retirement assets pass to the people you intend to receive them.Mat and Ryan cover the differences between spousal rollovers and inherited IRAs, the options beneficiaries have after inheriting an account, and how the 10-year rule can impact the timing and taxation of distributions. They also discuss important distinctions between inherited Traditional and Roth IRAs, including strategies for managing distributions and allowing tax-advantaged assets to continue growing. Other key topics include: How to properly open and handle an inherited IRA after someone passes away  Why the beneficiary designation form is one of the most important documents when it comes to passing down retirement accounts  How trusts can be used to provide greater control over when and how beneficiaries receive inherited wealth  Planning for minor children and beneficiaries who may not be financially prepared to receive a large inheritance  How beneficiary designations should be coordinated with your overall estate plan  The differences between Traditional and Roth inherited IRAs  Required minimum distributions and how they can affect inherited Traditional IRAs  How inherited IRAs containing real estate or other alternative assets can be handled  Common estate-planning mistakes involving divorce, remarriage, children, trusts, and outdated beneficiary designations The goal is to help investors and families better understand the rules surrounding inherited retirement accounts and take the necessary steps before and after an inheritance to avoid unnecessary taxes, mistakes, and complications.For questions or to learn more about this episode's topic, book a call with an IRA specialist here: https://directedira.com/appointment/Interested in learning more about alternative investments? Join us this year at the Alternative Asset Summit October 22 & 23, where you'll hear from industry experts and connect with like-minded investors exploring new ways to build wealth: https://altassetsummit.com/Other:Mat Sorensen: https://matsorensen.comMark J. Kohler: https://markjkohler.com/ KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com

Choosing between a Roth and Traditional IRA comes down to one question: what tax bracket do you expect to be in when you withdraw. Our favorite Bookkeeping Mensch, Paul Rosenblum, breaks down the tax treatment, contribution limits, and Required Minimum Distribution rules for both, plus a quick look at how inherited IRAs work differently. A short, practical primer for anyone weighing retirement savings alongside their business finances.Schwab IRA calculator: https://www.schwab.com/ira/ira-calculatorsSend us Fan MailSupport the showAbout the hostPaul Rosenblum has been doing hands-on bookkeeping for over 30 years, starting with QuickBooks Desktop and adapting to the world of cloud-based QuickBooks Online. He shares practical, in-the-weeds lessons from real client files every episode.

"People say 'I believe in vaccines.' Nobody says that about seatbelts." Aaron Siri is the managing partner of Siri & Glimstad and, by most measures, the most consequential vaccine litigator in America. He's the attorney behind the famous nine-hour deposition of Dr. Stanley Plotkin — the man they call the godfather of vaccines — lead counsel for the Informed Consent Action Network (ICAN), a 2025 Senate witness, and a central legal figure in the RFK-era reshaping of federal vaccine policy. His new book is Vaccines, Amen: The Religion of Vaccines — in his words, "a cross-examination in book form." This one steps outside the show's usual lane, and I want to be upfront: this is not medical advice, I'm not a doctor, and everything Aaron argues here is his own case — where it's contested by public-health bodies, treat it as one side of an open debate. What ties it to this show is the question we always ask: how do you know what's real when you're not allowed to check? From there we go deep — how a custody case led to the legendary Plotkin deposition; the Hepatitis B shot Aaron says was licensed on a trial of 147 kids, five days of monitoring, and no control group; the 1986 law he calls "the original sin" that handed vaccine makers liability immunity; the Ford Pinto and what punitive damages actually do; informed consent versus the right to refuse; whether vaccines really stop transmission; and the measles-mortality data he argues almost no one talks about. A conversation about evidence, incentives, and who gets to audit the people in charge. Subscribe so you never miss an episode.

Should you stop doing Roth conversions as part of your retirement planning after Senator Ron Wyden's new legislation targeting specific retirement accounts? David McKnight breaks down the key aspects of the proposal and what it actually means for the average American (and their retirement).  Show Notes In this episode, David McKnight looks at whether you should stop doing Roth conversions following Senator Ron Wyden's introduction of legislation for taxing Roth IRAs. For David, 99.9% of Americans should continue investing in Roth accounts with a high degree of confidence. One of the biggest misconceptions floating around is that Congress wants to start taxing everyone's Roth IRA.  However, that is simply not what Senator Wyden's proposal does, as its focus are so-called mega-retirement accounts. These are retirement accounts – whether traditional IRAs, Roth IRAs, or Roth 401(k)s – that have grown to extraordinary sizes, often tens or even hundreds of millions of dollars. Senator Wyden's proposal only applies to taxpayers with very high incomes ($400,000 for individuals; $450,000 for married couples) and only if your combined retirement accounts exceed $10 million. In other words, if you don't have more than $10 million spread across your retirement accounts, the proposal doesn't apply to you. Do you exceed that threshold? Then, know that the proposal would require annual distributions from the excess amount. The rule becomes even more restrictive when balances exceed $20 million. David believes that the average American shouldn't be nervous about investing in Roth accounts – he shares four reasons why. Reason #1: Congress likes Roth accounts, because, from a Government's perspective, Roth accounts accelerate tax revenue. The second reason is the fact that Roth assets are still a relatively small piece of the retirement landscape. "Most retirement money in America is still sitting inside traditional tax-deferred accounts", he explains. Reason #3: the Government has always had an implicit agreement with America on Roth accounts. The fourth reason why David doesn't believe you should be nervous about investing in Roth accounts is that they're still your best protection against what's coming down the road. The national debt is set to grow by $2 trillion per year over the next 10 years and $3 trillion per year after that. According to a Penn Wharton study, once the country hits a debt-to-GDP of 200% in 2040, no combination of increasing taxes or cutting spending will prevent the nation's financial collapse. That's why, David is confident that around 2035 Congress will have little choice but to tax increases. Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Senator Ronald Wyden Penn Wharton (The Wharton School, University of Pennsylvania)

Retirement tax planning isn't simply about following IRS rules or minimizing what you owe this year. Jeremy Keil answers three listener questions that demonstrate why focusing on one tax return at a time can lead retirees to miss opportunities to manage their taxes over the course of retirement. Jeremy breaks down two different five-year rules that can apply to Roth IRAs, including what happens when you complete a Roth conversion after having an existing Roth IRA for years. He then explains why taking only the required minimum distribution from an inherited IRA isn't automatically the best strategy under the 10-year rule, and how qualified charitable distributions may be available from inherited IRAs for eligible account owners. For disclosures and conflicts visit keilfp.com/disclosures.

When you're moving into retirement, you're most likely to be starting to ask yourself which investment accounts you should start drawing from first. There's really no universal answer—retirement withdrawal strategies are deeply personal and situation-dependent. But understanding the implications of each account type and the factors that influence withdrawal order can have a massive impact on your tax burden and the longevity of your assets.    You will want to hear this episode if you are interested in... [00:00] Retirement withdrawal strategy options [06:37] Roth IRA and taxable accounts [07:47] Tax implications for investment gains [14:12] Roth IRA conversion strategy [16:17] Real-life retirement income strategies [19:36] Importance of a withdrawal strategy   Understanding the Account Types and Their Tax Impact   The foundation of your strategic withdrawal plan begins with understanding how each investment account is taxed:   1. Pre-tax Retirement Accounts These include traditional IRAs and 401(k)s, SEP IRAs, and similar plans. Contributions offer a tax deduction, and growth is tax-deferred, but withdrawals are taxed as ordinary income. These accounts are eventually subject to required minimum distributions (RMDs), currently beginning at age 73 or 75, depending on your birth year. Withdrawals here not only increase your reported income but can also impact Medicare premiums and Social Security taxation.   2. Roth Accounts Roth IRAs and Roth 401(k)s are funded with after-tax contributions. Qualified withdrawals are tax-free and—if the original contributor owns the account, not subject to RMDs in your lifetime. This makes Roth accounts especially valuable for flexible, later-stage withdrawals.   3. Taxable Brokerage Accounts These are standard investment accounts not designated for retirement. Withdrawals of principal do not create taxable events; only realized capital gains, dividends, and interest are reported for taxes. One major benefit: capital gains rates can be lower than ordinary income rates and may even reach 0% for some filers. Withdrawals can be easy to manage for opportunistic or requirement-driven needs.   Questions to Consider with Personalized Withdrawal Planning Several personal factors play into the best withdrawal order: Are you retiring before 65 and in need of Affordable Care Act (ACA) health insurance? Do you want to minimize future RMDs or leave assets to heirs? When will you begin Social Security or receive pension income? What is your preferred tax bracket and desired lifestyle flexibility?   These questions should be revisited regularly, as changes in tax law, health, or legacy wishes can affect your strategy.   Real-World Withdrawal Scenarios Coordinating Withdrawals for ACA Subsidies Jonathan retires at 57, pre-Medicare, and must carefully manage his modified adjusted gross income (MAGI) to retain ACA health insurance subsidies. My suggested plan is to combine modest 401(k) withdrawals, reportable dividends, and money market interest to stay below the MAGI threshold. Additional cash needs are met from accounts, like the money market, which don't affect taxable income. This keeps his subsidy and aligns with income limits, demonstrating the need for multi-account coordination.   Reducing Future RMDs and Leaving a Legacy Walter and Amy, 62, want to avoid burdening their heirs with high-tax inheritance on pre-tax accounts. Instead of focusing solely on paying the least tax today, they prioritize Roth conversions while Social Security is delayed, taking advantage of lower brackets now to transfer wealth into tax-free vehicles. Over several years, they could convert hundreds of thousands into Roth IRAs, significantly reducing future RMDs while maximizing wealth transfer.   Minimizing Tax on Social Security Christian, 68, blends Social Security with distributions from non-taxable sources like his money market to avoid triggering federal taxes on his Social Security. Careful planning allows him to either keep Social Security tax-free or, with limited IRA withdrawals, incur only minimal tax.   The Importance of Ongoing Review and Professional Advice Your withdrawal strategy is not a "set-and-forget" plan. Tax laws, account balances, and individual goals will change over time. I suggest annual reviews and, ideally, working with a specialized financial advisor to continually adjust the plan for optimal tax efficiency and income sustainability. A thoughtful approach, tailored to your personal circumstances and updated regularly, will help you balance tax efficiency, income needs, and legacy goals.    Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE    Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact Subscribe to Retire With Ryan

In this two-guest episode, Howard Farran sits down with two financial leaders from PracticeCFO. Wes Read is a CPA, Certified Financial Planner™, and Registered Investment Advisor who began his career in Big 4 accounting at Ernst & Young before founding PracticeCFO in 2009 to give practice-owning doctors access to CFO-level financial leadership. He's also the founder of Practice Orbit and creator of Associates On Fire, a free financial education platform for dental associates. Joining him is Paul Lipcius, a CPA, Series 65-licensed Investment Adviser Representative, and CFO Advisor at the firm with nearly a decade of experience, who focuses on higher-net-worth clients, capital markets, and portfolio strategy, and serves on PracticeCFO's board and investment committee. The conversation centers on investing philosophy for busy dentists who aren't watching the markets every day. Wes and Paul unpack how they define and manage risk in a practical, long-term sense rather than just as volatility, and what a good advisor actually does to create value beyond picking investments. They explore how dentists should think about retirement vehicles like 401(k)s, defined benefit plans, and IRAs, how to stay disciplined and avoid emotional decisions during market swings, and the unique advantage of integrating CPA services with investment management under one roof. The episode closes on the perennial industry debate over fees — whether advisors truly justify their cost, and how dentists can evaluate whether they're getting real value for their money.   Episode #1725 : Dentistry Uncensored with Howard Farran, Howard sits down with Wes Read, CPA, CFP® — Founder & CEO of PracticeCFO — and Paul Lipcius, CPA and CFO Advisor at the firm, for a deep dive into smart investing and wealth strategy for dentists. From defining real "risk" beyond market volatility, to the advantage of having your CPA and investment strategy under one roof, to whether advisor fees are truly worth it — this is straight talk on building lasting financial independence.

After a short summer break, Pilot's Portfolio is back with a refreshed format and a new Season (4)!This next run of episodes is built around real questions Timothy P. Pope, CFP® receives from professional pilots and their families in planning conversations.This is a two-part deep-dive on one of the biggest questions professional pilots bring to the planning table: “How can we pay less in taxes?”Whether the number is six figures or simply higher than expected, the starting point is understanding what that number actually represents.In Part 1, Tim starts with the first step: understanding what the tax number actually means.Is it total tax liability, withholding, a large April payment, or income that changed unexpectedly?Tim discusses how W-2 income, spouse income, upgrades, premium flying, capital gains, property sales, inherited IRAs, and deductions can shape the tax picture, while explaining why a write-off should support a sound financial decision rather than drive one.Follow Pilot's Portfolio for Part 2, where the conversation moves into tax-efficient investing, tax-loss harvesting, and planning beyond one tax year.If you're enjoying Pilot's Portfolio and finding these conversations helpful, we'd really appreciate a 5-star review on your podcast platform of choice. It helps more professional pilots and their families discover the show:- Apple Podcasts: https://podcasts.apple.com/us/podcast/pilots-portfolio/id1718915375- Spotify: https://open.spotify.com/show/5p2Tkf16Q9lV693lHV4Zo9Have a question you'd like Tim to address, or want to explore how 360 Aviation Advisors helps professional pilots plan around taxes, retirement, investments, and life transitions? Schedule An AppointmentOur Practice's WebsiteContact Us: info@pilotsportfolio.comThis episode is sponsored by: Beacon RelocationBeacon Relocation is a real estate firm helping pilots and air traffic controllers save money on their real estate transactions. By tapping into their network of over 1500 real estate agents across the country, pilots can save 20% of the real estate agent's commission towards your closing cost on the sale or purchase of your home. Visit https://www.beaconrelocation.com/ to learn more. Timothy P. Pope is a Certified Financial Planner™and principal owner of 360 Aviation Advisors, LLC (“360 Aviation Advisors”), a registered investment advisory firm. Investment advisory services are provided through 360 Aviation Advisors, in its separate and individual capacity as a registered investment adviser. Podcast episodes are provided through Pilot's Portfolio, in its separate and individual capacity.We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. We assume no responsibility for information contained on this website and disclaim all liability in respect of such information, including but not limited to any liability for errors, inaccuracies, omissions, or misleading or defamatory statements.Links to external websites are provided solely for your convenience. We accept no liability for any linked sites or their content and remind you that we have no control over their content. When visiting external web sites, users should review those websites' privacy policies and other terms of use to learn more about, what, why and how they collect and use any personally identifiable information.Usage of this content constitutes an explicit understanding and acceptance of the terms of this disclaimer. 

On this episode of The Crypto Rundown, host Mark Longo welcomes Adam Bergman, founder of IRA Financial, to the Crypto Hot Seat for a deep dive into crypto, taxes and retirement accounts. They discuss why investors may want crypto exposure in their IRAs, the potential tax advantages of trading crypto and options in retirement accounts, buying Bitcoin directly versus using ETFs and digital asset treasury companies, the role of gold alongside crypto, and whether investor attention is shifting from digital assets toward AI and other hot equities. Then we head into the dog days of summer with a decidedly quiet crypto market. We break down the latest activity in Bitcoin, IBIT and MSTR before venturing into the altcoin universe for ETH, BMNR, CRCL, PURR, Solana, XRP, DOGE and more. Plus, we examine where options traders are still finding opportunities as volatility and trading activity cool off for the summer.

Welcome to The Crypto Podcast. You can find all our episodes on thecryptopodcast.org. My guest today spent years inside the room where crypto's rules actually get written. As a regulatory crypto attorney, he's advised leading exchanges on exactly what they could and couldn't legally offer, and he helped launch the first crypto ETFs on the Toronto Stock Exchange. Now he's on the other side of the table as CEO of Yield School and founder of New Market Trading, helping everyday investors get access to the primary markets that most retail traders never know exist. Please welcome Frank Hepworth. In this episode, Roy and Frank cover the regulatory landscape shaping crypto today, including the Genius Act, the pending Clarity Act, and why Frank believes Europe's MiCA legislation forced crypto into traditional finance and backfired. Frank explains how New Market Trading uses smart contract technology so clients retain full self-custody while still getting professional portfolio management, why institutional ETF buyers have been buying the top and selling the bottom like retail investors, and how he evaluates which crypto assets are worth investing in using a commodity-versus-business framework. The conversation closes with a detailed, refreshingly honest breakdown of why real estate tokenization is far less advanced than people assume, and why native on-chain companies, not tokenized off-chain assets, are where Frank believes the space is actually heading. ⏱️ TIMESTAMPS 0:02 - Welcome to The Crypto Podcast, intro to Frank Hepworth 0:48 - Frank's path into crypto and law simultaneously, starting in 2017 3:03 - Getting hired by a top law firm during the 2020-2021 bull run 4:53 - The Genius Act, the Clarity Act, and why Frank thinks MiCA backfired 11:47 - How Yield School teaches DeFi investing vs. how New Market Trading manages it 13:44 - How the smart contract investment account makes theft technologically impossible 17:45 - Helping US clients set up checkbook IRAs for tax-exempt crypto investing 24:56 - Why big institutions have been buying the top and selling the bottom 27:42 - How Frank decides which crypto assets are worth investing in: commodity vs. business framework 31:00 - Where NFTs are headed, and why early blue-chip collections may hold value 32:12 - Why real estate tokenization is far less advanced than most people assume 37:17 - Cypherpunks who operate entirely outside the fiat system 41:20 - Frank's honest take on his role in launching the first Toronto Stock Exchange crypto ETF 41:38 - Where to find Frank Hepworth and connect with his team About Frank Hepworth Frank Hepworth is a former crypto regulatory attorney who advised leading exchanges on legal compliance and contributed to the listing documentation for the first crypto ETFs on the Toronto Stock Exchange. He is now CEO of Yield School, which teaches investors how to navigate decentralized finance directly, and founder of New Market Trading, which uses ERC-4337 smart contract technology to give clients professional portfolio management while retaining full self-custody of their crypto. Frank currently serves primarily US-based clients. Connect with Frank Hepworth

Don opens with a spirited defense of AI as a creative tool—especially when it makes ideas possible that would otherwise be too expensive or time-consuming. Technology changes the jobs around us, but learning to direct it responsibly can expand what one person can make.Then it's on to listener questions: how charitable giving from a retirement account might work better through an IRA and qualified charitable distributions, whether dividends and bond interest should be reinvested, and why money generally belongs at work instead of waiting in cash.Finally, Don weighs a COLA-adjusted pension against a lump sum, considers a low-cost new 401(k) versus an IRA, gives a hard no to illiquid Why Refi promissory notes, and compares simple flexible retirement withdrawals with advisor-managed guardrails.03:40 — AI as a creative tool07:01 — Charitable giving, IRAs, and QCDs09:55 — Reinvesting dividends and bond interest11:37 — Pension or lump sum? Plus the next 401(k)14:52 — Why Refi and the danger of “magical” returns17:56 — Flexible withdrawals versus guardrailsQuestions? Comments? Click!

In the game of Monopoly, Joe Pizzuro never wanted the green houses — he went straight for the red hotel. That same instinct took him from skipping single-family real estate entirely to building a $100 million portfolio of more than 5,000 multifamily and self-storage units, raising over $30 million in capital in just six years, during a market cycle that weeded out a lot of the competition. In this episode, Joe breaks down how he pulled in five or six co-GPs to fund his very first deal, why he pivoted into self-storage when rising rates made multifamily debt too expensive to cash flow, and how showing 26 consecutive months of investor distributions without a single miss became the track record that built his credibility. He also shares why doctors have become his go-to investor avatar, how educating investors on self-directed IRAs and 1031 exchanges unlocks capital they didn't realize they had, and the disciplined, conservative underwriting approach he uses to make sure a deal works even if the market gets worse, not better. Whether you're raising your first dollar of capital or scaling toward your next $100 million, Joe's journey from a single multifamily deal to a diversified, vertically integrated portfolio is packed with hard-earned, tactical advice.Five key takeaways:Skip the small deals if you can find the right partners. Joe went straight for larger multifamily acquisitions instead of starting with single-family, comparing it to choosing Monopoly's red hotel over the green houses — and pulling in five or six co-GPs made his very first raise possible.Diversify into cash-flowing assets when the market shifts. When rising rates made multifamily debt too expensive to cash flow, Joe pivoted into self-storage — lower overhead, easier to acquire, less capital required — even though it comes with less equity upside and weaker depreciation benefits than apartments.Build credibility through a track record, not just a pitch. Joe points to 26 consecutive months of investor distributions without a single miss, with payouts steadily increasing, as the proof that speaks louder than any resume.Educate investors to unlock capital they don't know they have. Hosting sessions on self-directed IRAs and 1031 exchanges has turned investors who thought they had no liquidity into active participants in Joe's deals.Underwrite for a worse market, not a better one. Joe's rule is to assume conditions stay flat or get slightly worse when running the numbers — if the deal still works under that scenario, he moves forward, rather than betting on a market recovery to bail him out.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

"We need Bitcoiners to fight for Bitcoin. If no one fights for Bitcoin, Bitcoin will very soon be dead." Hodlonaut is a Bitcoin citizen journalist, the founder of the Citadel21 zine, the man behind the 2019 Lightning Torch, and the person who told the simple truth about Craig Wright and then stood in the fire for five years over it. Most recently he is the author of the Capture series, a deep investigation into how informal power over Bitcoin Core was assembled, exercised, and defended. We recorded this on August 2, 2026, in the middle of the ColdCard fallout, and the grief of that moment runs underneath the whole conversation. From there we go all the way back: how he found Bitcoin in 2013, the Pirate Bay ethos, Citadel21, and the birth of Hodlonaut and the Space Cat. We get into the Lightning Torch as a three-month experiment in trust, the Craig Wright war and how stoicism carried him through it, and then the heart of it: the Capture series, the "priesthood" narrative around Core, the OP_RETURN uncap, the DEI and "extractive" playbook used to shut down criticism, why every line of code must serve monetary sovereignty, and his return to fully supporting BIP-110. This is a conversation about the human layer of Bitcoin, and why we have to fight for it. Subscribe so you never miss an episode.

Rule Four of Financial Physics says everything eventually rises—not every stock, not every year, but human productivity and global economic output over time. Don and Tom explain why buying the broad market is ownership in thousands of businesses, not a trip to the casino, and why international diversification matters when nobody knows which country will lead the next century.Then Kenneth asks whether a tiny slice of his emergency fund belongs in stocks. The answer is still no: emergencies tend to arrive when markets are already falling. The guys also look at using qualified charitable distributions from inherited IRAs and why smart tax planning should not let the tax tail wag the financial dog.Finally, they compare BND with TIPS and ultra-short bond funds, unpack the trade-off between price stability and durable yield, and explain why preferred stocks cannot replace the ballast in a 60/40 portfolio.00:44 AI music, a low-budget show, and big-money topics02:46 Financial Physics Rule Four: everything eventually rises04:05 Stocks are ownership, not a casino bet05:13 Macroeconomic gravity and two centuries of productivity07:45 From $48 to $90,000 of U.S. output per person08:22 Letting thousands of companies do the heavy lifting09:18 AI, global output, and a Social Security token tax11:03 Why the next century demands global diversification13:35 Should emergency-fund money ever go into stocks?19:56 Inherited IRAs and qualified charitable distributions21:40 BND versus TIPS and ultra-short bond funds26:59 Why preferred stocks are not bond substitutes29:13 Theme-song experiments and the Talking Real Money singersQuestions? Comments? Click!

New Trump accounts are now open for enrollment, and the question we're hearing from clients isn't whether they're worth considering. It's how they stack up against the accounts families have already been using for years, 529 plans, UTMA and UGMA custodial accounts, brokerage accounts, and Roth or traditional IRAs for kids. This episode is the follow-up to our first Trump accounts conversation, and it's the one to listen to if you're trying to figure out which account, or which combination of accounts, actually fits your family's goals.Taylor Wolverton, our Director of Financial Planning and Tax Strategy, joins Murs Tariq again to walk through each option side by side. They cover contribution limits, tax treatment, distribution restrictions, and the one detail about Roth IRAs that most social media advice leaves out entirely. There's no single best account here, and that's the point. The right strategy usually combines two or three of these tools, and this episode gives you the framework to figure out which ones belong in yours.In this episode, find out:Why Trump accounts don't require your child to have earned income, and how that changes the math compared to a Roth IRAHow the Trump-account-to-Roth conversion works once your child turns 18, and why timing it right could mean decades of tax-free growthWhat's changed about 529 plans that makes them far more flexible than the version most parents remember, including the new Roth rollover optionThe real trade-off behind UTMA and UGMA custodial accounts, and why control matters more than most families realize until it's goneThe one requirement missing from nearly every "open your kid a Roth IRA" post you see online, and what to do about it if your kids aren't earning yetTweetable Quotes:"There's not one that's just like, quote unquote, best. It really depends on what your goal is with these accounts and what you're trying to accomplish." — Taylor Wolverton"The Trump account kind of helps you navigate building that wealth without having to worry as much about earned income." — Murs TariqResources:If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement! To access the course, simply visit POMWealth.net/podcast.

1039. Laura answers a listener's question about managing multiple 401(k)s with her current and previous employers. Find out the pros and cons of holding old retirement plans, how to streamline your strategy, and simultaneously reach other financial goals, like homeownership.Key takeawaysConsolidating old retirement plans into one low-cost IRA or your current employer's plan simplifies your asset allocation and protects your retirement growth from redundant account fees.Always request a direct trustee-to-trustee rollover when moving funds between retirement accounts to eliminate the risk of missing the strict 60-day deadline.Workplace retirement plans offer federal protection against creditors with no dollar limit. IRAs are protected by state-specific laws, making plan-to-plan rollovers an attractive choice for those prioritizing maximum creditor protection. First-time homebuyers can withdraw up to $10,000 penalty-free (but not tax-free) from an IRA ($20,000 for qualifying married couples) for a primary residence.Early retirement withdrawals for a home down payment should generally be secondary to building a dedicated home down payment savings fund.Discover more from Money Girl!FacebookMoney Girl NewsletterThe Money Stack NewsletterTranscripts available at QuickandDirtyTips.com.Email: Laura@LauraDAdams.com or leave a voicemail: (302) 364-0308. Hosted on Acast. See acast.com/privacy for more information.

P.M. Edition for July 22. WSJ special writer Theo Francis explains how startup founders, hedge-fund managers and Silicon Valley insiders are using IRAs to supercharge their wealth. Plus, trade uncertainty comes roaring back. WSJ trade and economic policy reporter Gavin Bade explains the Trump administration's new front on tariffs. And Journal reporter Sam Federman explains how the New York Mets turned baseball's highest payroll into its biggest waste of money. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.