Podcasts about qualified retirement plans

Dave interviews Steven Shackleford, Vice-President Qualified Retirement Plans at INVST. This episode they discuss financial literacy, abundancy mindset vs. scarcity mindset, and building the "why" for your money.

Matthew Eickman, J.D., AIF® is the National Retirement Practice Leader for Qualified Plan Advisors® (QPA). He is also a member of the firm's Investment Advisory Board, holds his FINRA series 66 registration, and is an Accredited Investment Fiduciary (AIF®).Bentley Ford is the Managing Director, Dallas Market, with Prime Capital Investment Advisors (PCIA) and Qualified Plan Advisors focusing on Qualified Retirement Plans and Wealth Accumulation.In this episode, Eric, Matthew, and Bentley discuss:Target date glide paths Selecting target date funds for M&A or spin-off dealsDocumenting analysis and justification for target date fund decisionsImproving retirement outcomes for plan membersKey Takeaways:By examining the starting equity exposures and how they change over time, plan sponsors can make informed decisions about which funds are best suited for their employees.Comparing different target date funds can be challenging, as it involves analyzing both risk and reward. When choosing funds for a new spinoff plan, having access to data and understanding the employee demographics and culture can make the process easier. However, reviewing and justifying existing target date fund suites can be more difficult, as the data may not always support the desired outcome.To ensure transparency and accountability, committee members and advisors should thoroughly document their analysis and justification for target date fund decisions. The goal is for committee members to be able to recall and articulate why the targeted product suite is appropriate for their population, even if asked about it months later.As target-date funds often hold a significant share of plan assets, 401k committees must demonstrate effort and competence in selecting funds that suit participants' needs. By understanding their participant population and carefully evaluating target date fund options, committees can make informed decisions that improve retirement outcomes for their plan members.“You want to be able to demonstrate effort and competence and then also have something that really suits the needs of the participants. Demonstrate competence in what you choose as well. ” - Matthew EickmanConnect with Matthew Eickman and Bentley Ford:Website: https://qualifiedplanadvisors.com Connect with Eric Dyson: Website: https://90northllc.com/Phone: (940)20248-4800 Email: contact@90northllc.com LinkedIn: https://www.linkedin.com/in/401kguy/

Matthew Eickman, J.D., AIF® is the National Retirement Practice Leader for Qualified Plan Advisors® (QPA). He is also a member of the firm's Investment Advisory Board, holds his FINRA series 66 registration, and is an Accredited Investment Fiduciary (AIF®).Bentley Ford is the Managing Director, Dallas Market, with Prime Capital Investment Advisors (PCIA) and Qualified Plan Advisors focusing on Qualified Retirement Plans and Wealth Accumulation.In this episode, Eric, Matthew, and Bentley discuss:The use of third-party tools to analyze Target Date FundsConsidering the client's needs What committee members want Understanding the needs of participantsKey Takeaways:Advisors should consider clients' needs, blending DOL tips and comparative data to create a checklist for target date fund options. Committee members want to prioritize primary goals when selecting target date funds, such as protecting older participants from market downturns or avoiding risk and litigation. They are looking for a targeted fund that aligns with their specific goals, and the advisor can help narrow down the universe based on those goals.Committee members often struggle to understand the needs of their participants, leading to a disconnect between investment decisions and the needs of the people they serve. A consultative approach can help bridge this gap by engaging committee members in conversations about the needs of their participants and how to best serve them.“Instead of saying, hey, I want to look at a bunch of numbers with you. Let's instead talk about what our primary goals or purposes are, with any suite of target date funds we have.” - Matthew EickmanConnect with Matthew Eickman and Bentley Ford:Website: https://qualifiedplanadvisors.com Connect with Eric Dyson: Website: https://90northllc.com/ Phone: (940)20248-4800 Email: contact@90northllc.com LinkedIn: https://www.linkedin.com/in/401kguy/

How can you maximize your business potential? In this episode of the Small Business Tax Savings Podcast, Mike welcomes Matt Ruttenberg. Matt provides an overview of the different plans available and how they can benefit both employers and employees. Matt covers topics such as the different types of deferred compensation plans, the bonus 162 plan, and life insurance retirement plans.Tune in now and hear Matt discusses how a better understanding of the different non-qualified retirement options available and when it makes sense for you to use them![00:22] Discover Non-Qualified Retirement OptionsToday's topic is, “Unlock Your Business Potential: Exploring Non-Qualified Retirement Plans!”Non-qualified retirement options remove the tax benefits and rules associated with qualified plansDeferred compensation is the most restrictive type of non-qualified plan[04:48] Unlocking The Benefits Of A Bonus 162 PlanA deferred compensation plan is a way to bonus employees at retirementThe Bonus 162 Plan is an executive bonus plan that uses only a life insurance platformRestrictions for targeting key employeesThe plan mimics a vesting schedule and the taxes are wiped out when the employee takes over the policy[10:22] Exploring Retirement Plan OptionsThe employer pays taxes on any bonuses given to the employee in that yearThe cash value of the policy grows tax deferred and mimics a ROTH when taking money outLife insurance policies have their place, but they are oftentimes oversoldEvery person is different and there are different solutions available[15:25] Closing SegmentMatt provides his insights to listeners to have a better understanding of the different non-qualified retirement options available to business owners!Final WordsKey Quotes“When you remove the qualified stamp from a plan, it removes a lot of the rules that go with it, not only from you as an individual, but you from an employer. So, you don't have to offer it to employees. There are no limits on contributions.” – Mike Jesowshek, CPA______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Qualified Retirement Plans Chaos For High Earning Business Owners!It is very common for an employer to think in terms of a qualified retirement program when they think of saving money for their retirement.  The idea to have one seems to make sense.  Deductibility, tax deferred, business cash flow, and growth.  Also, the accountant will normally jump on this idea, because it is another tax deduction.  However, for the high income business owner, the qualified retirement plan can create chaos in retirement for the business owner for a number of reasons discussed in this podcast.  Thomas J. Perrone, CLU,CIC, Pres.  New England Consulting Group of Guilford, Inc. tperrone@necggginc.com203 530 6615www.yourbusinessworth.comWebsite:  www.bpbpgrp.com 

Amir is the Director of Financial Planning for United Financial Planning Group LLC. Amir started his career the financial services industry in 2007 in Huntington, NY. Amir continually strives to provide the best experience for his clients, and is always looking to grow and expand his skillset. Amir specializes in Personal Financial Planning and Qualified Retirement Plans. Ideas discussed in the episode include: Avocado Toast: The Rise and Fall of Real Estate Weekly Paychecks, Monthly Budgets, Annual Taxes? How calendars keep you poor Pizza: Why Chicago is a liar What's the BEST financial decision someone can make? How does a 401(k) work, and what does it mean? Connect with Amir online at AmirNoor.com. Thank you to our Sponsor, CityVest: https://bit.ly/37AOgkp Please take a moment to check out our affiliate, Doc2Doc Lending: https://doc2doclending.com/financialfreedomforphysicians/ Subscribe to the Premium edition of our podcast and get access to exclusive interviews. Sign up at: anchor.fm/christopher-loo/subscribe

In this episode of Estate Professionals Mastermind, financial mentor Damion Lupo joins Chad Corbett to discuss why an eQRP provides the strongest opportunity for leverage and diversification compared to other retirement vehicles like 401ks and IRAs. What is a Qualified Retirement Plan? In short, QRP is a type of pension plan that allows self-employed workers to plan for retirement and benefit from tax deferments. Qualified retirement plans can be used for real estate, as well as other asset classes that aren't an option for traditional retirement plans. To learn more about how QRPs work, how eQRP benefits compare to traditional investment vehicles, and how to set up an enhanced Qualified Retirement Plan to use in real estate investing, get the free book here: https://book.eqrp.co/gift-from-chad-corbett/Episode segments (Timestamps link to YouTube interview!)0:00 eQRP reviews: Chad Corbett2:05 Damion Lupo, author of the QRP Book6:32 Why you need to start planning your wealth strategy for financial independence8:21 QRP vs. Self-directed IRA (SDIRA) vs. Solo 401k12:13 How does the QRP work?18:46 eQRP benefits for real estate investing33:24 Who manages an eQRP?35:02 Get the eQRP book freeSales Bluebird for leaders and go-to-market teams at cyber security startupsTips, tricks, ideas and inspiration from legendary cyber security CEOs and CROsListen on: Apple Podcasts SpotifyPre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.

Tips for using price anchoring in sales negotiations, helping immigrants and faith-based investors purchase properties when traditional financing isn't an option, using the slow flip strategy to increase profit margin and reduce taxes on investments, and presenting price options using a seller net sheet on listing appointments.  Also, this episode is a must-watch if you're wondering how to approach real estate leads as both a licensed real estate agent and an investor.Full show notes: https://probatemastery.com/presenting-price-real-estate-seller-net-sheet-and-slow-flipping-houses-pocast-46 Watch on YouTube: https://youtu.be/cuCLRnhtXGM Facebook Group: Estate Professionals Mastermind: https://facebook.com/groups/estateprofessionalsmastermindFREE PROBATE REAL ESTATE WEBINAR:  REGISTER FREE https://probatemastery.com/probate-fast-track-webinar/ **You'll receive a probate marketing cheat sheet, step-by-step guide to get started in probate real estate, and a core knowledge workbook to help you learn your local probate process.Timestamps (Links to YouTube)0:00 Upcoming content: Probate and reverse mortgage Ask The Expert (Real Estate Podcasts)0:55 Keeping both sides of the commission without dual agency (Fiduciary duty and disclosure)4:17 Can you be a real estate agent and investor? (Offering Options)6:32  Structuring your business as a real estate agent that also invests (Real Estate Business Structure)9:01 Seller net sheet example conversation: What do you say in a listing appointment? (Real Estate Appointments)13:47 Partnering with the seller to JV a fix and flip deal (Transaction Engineering) 17:12 What is a good real estate profit margin for deals? (Getting Paid in Real Estate)21:17 How to get great real estate deals from leads with bad phone numbers (Real Estate Prospecting)23:09 Slow flip real estate method and real estate tax strategy (Slow flipping houses)24:11 Rehab rental property costs and tax benefits (Rental Property Rehab)25:54 Price anchoring and negotiating (Sales and Negotiation Techniques)32:10 Choosing your finance strategy: Conventional vs. Commercial loans for Real Estate Investing36:58 Using QRP or Qualified Retirement Plans for real estate investing (Self Banking/Infinite Banking)43:11 How can an immigrant buy a house without traditional financing? (Lease with option to purchase)Pre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.

The generals consensus seems to be that having some type of retirement plan in place is a wise move for just about any investor or entrepreneur.  But that's where the consensus ends.    Is an IRA the best option?  Or does a 401(k) have more advantages?    And are there even better alternatives out there?    To shed some light, our guest expert Damion Lupo explains the differences between the various types of qualified retirment plans, and breaks down his own unique, trademarked product he calls an eQRP™.   Here's what we discuss:   The differences between a self-directed IRA, solo 401(k), and Damion's proprietary eQRP (which stands for ‘Enhanced Qualified Retirement Plan')   How Peter Thiel, the founder of PayPal, turned his $2k IRA investment… into a $5 billion nest egg!   The single greatest tax shelter in the entire U.S. tax code (allows you to eliminate taxes).   How former presidential candidate Mitt Romney built a $101M self-directed retirement plan.   The 2 types of investments where Damion's clients are experiencing the most success.   How to eliminate the dreaded “UBIT Tax” levied on self-directed IRA's.   More about Damion Lupo:   Damion is a four-time college dropout, and a serial entrepreneur who started his first business at age 11.  Over the last quarter century he's started and owned more than 50 different companies including an insurance agency, precious metals firms, a venture capital company, a coaching and consulting firm, and more than a dozen real estate investment and development companies.   He became a multimillionaire by age 25 and then lost his $20 Million empire by age 30. Five years later he was back, reinvented and recharged on a mission to “free a million people from financial bondage”.   He's also the founder of Yokido ™, his own martial arts and holds 3 other black belts. Currently, Damion spends his time teaching and lecturing on the art of Reinvention and the QRP with his unique teaching style focused on his personal life experiences and the process for developing consciousness and awareness to the truth. He's also the host of F.U. Podcast!   For contact info, recommended resources, and access to Damion's Free Book, visit our website www.GimmeSomeMORE.info/episodes and type in the search bar: Damion Lupo

Ryan Kalamaya discusses dividing qualified retirement plans in a Colorado divorce.What is Divorce at Altitude? Ryan Kalamaya and Amy Goscha provide tips and recommendations on issues related to divorce, separation, and co-parenting in Colorado. Ryan and Amy are the founding partners of an innovative and ambitious law firm, Kalamaya | Goscha, that pushes the boundaries to discover new frontiers in family law, personal injuries, and criminal defense in Colorado. To subscribe to Divorce at Altitude, click here and select your favorite podcast player. To subscribe to Kalamaya | Goscha's YouTube channel where many of the episodes will be posted as videos, click here. If you have additional questions or would like to speak to one of our attorneys, give us a call at 970-429-5784 or email us at info@kalamaya.law.************************************************************************DISCLAIMER: THE COMMENTARY AND OPINIONS ON THIS PODCAST IS FOR ENTERTAINMENT AND INFORMATIONAL PURPOSES AND NOT FOR THE PURPOSE OF PROVIDING LEGAL ADVICE. CONTACT AN ATTORNEY IN YOUR STATE OR AREA TO OBTAIN LEGAL ADVICE ON ANY OF THESE ISSUES

Dr. Friday 0:00 Good day. I'm Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to DrFriday.com. This is a one-minute moment. Dr. Friday 0:12 What should you know about qualified and nonqualified retirement plans? A, let me put a caveat. I am not a financial planner. But by choosing if it's qualified or nonqualified, could make the difference between what is taxable at Capital Gains rates and what is taxed at ordinary income tax rates. That is when you want to basically be sitting down not only with your financial planner, but also include your tax person in some of those conversations. Because sometimes it could sound great that you're making all of this money. But if it's coming to you at a higher tax bracket, then maybe is not as much money as you think. if you need help, call me at 615-367-0819. Announcer 0:51 You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 pm to 3 pm right here on 99.7 WTN.

Jim and Chris discuss listeners questions relating to average wage index, Social Security, mega backdoor Roth conversions, solo 401(k) contribution limits, and qualified retirement plans. (20:00) A listener asks about the average wage index (AWI) for workers born in 1960 and the effects of COVID in 2020. (23:00) A listener points out some social security […] The post Mega Backdoor Roth Conversions, Social Security, Solo 401(k)'s, and Qualified Retirement Plans: Q&A #2145 appeared first on The Retirement and IRA Show.

Join host David Jean and ARB Principal Dan Doiron as they discuss the pros and cons of various types of retirement plans in the first episode of a three part retirement series.

In this episode of Money Talks, Hugh had the opportunity to interview ERISA Attorney Christine Roberts who is a Partner at Santa Barbara, California-based, Mullen & Henzel, L.L.P., regarding how the CARES Act can impact Qualified Retirement Plans and some responsibilities of plan sponsors. Hugh and Christine provided a detailed update to IRS Notices 2020-50 and 2020-51, which details the regulations involving COVID-19 related distributions from retirement plans and IRA's. In addition, Christine pointed out that the rapidly approaching deadline of August 31,2020, for people who took required mandatory distributions before the onset of COVID-19. Hugh and Christine discussed updates on employee sponsored plans related to COVID-19 distributions, and the law surrounding how record- keepers must account for these distributions. Lastly, Christine discusses some recent ERISA compliance issues, i.e. employee salary deferrals and employer matching contributions. Hugh Meyer - https://www.instagram.com/hughmeyerofficial https://www.linkedin.com/in/hughmeyer/ Christine Roberts - http://www.eforerisa.com/ https://www.linkedin.com/in/christine-roberts-04019a2 https://www.twitter.com/EforERISA

Damion Lupo's mission is simple: to free a million people from financial bondage. His unique tool is a fusion of financial literacy and a little-known strategy called the eQRP® that allows investors to control their retirement money and get off the wall street roller coaster. He's the Best-Selling Author of 12 books on personal finance, investment, and retirement planning. He hosts the Financial Underdogs podcast, has owned more than 50 companies, and is the founder of his own martial art, Yokido®. Damion is the Chief Honey Badger at the eQRP Co. and the lead architect of the eQRP® — the Ferrari of 401(k)s®. The eQRP® is a unique and powerful system to put individuals in command of their own investments, tapping into the $30 trillion locked away in Wall Street-controlled retirement programs! Damion is also a professional investor with decades of real-world experience that started with the purchase of his first rental using a VISA card advance — a move that snowballed into 150 rental houses in less than 5 years. In 2008 he lost the whole $20 million business only to bounce back and recreate his wealth in 5 years. What You Will Learn: Damion's entrepreneurial journey What Damion took away from his experience as a real estate investor in the economic debacle of 2008 What most people are doing wrong when it comes to planning for retirement The difference between eQRP and a traditional 401(k) Why eQRPs are great for investing in real estate What compliance is out there for an eQRP The process of setting up an eQRP Tax issues to address before setting up an eQRP Different types of investments that people typically hold in an eQRP How to contact Damion Lupo: ***Text the word eQRP to 72000 for a 15-page report on the eQRP and a FREE copy of the QRP book Book: QRPBook.com Website: //www.eqrp.co/ LinkedIn: //www.linkedin.com/in/damionlupo/ //www.linkedin.com/company/eqrp/ Facebook: //www.facebook.com/eqrp.co/ Twitter: @damionlupo

For many high-income earners, the problem they face when it comes to saving for retirement is an inability to save enough money pre-tax to meet their retirement goals. Rather than utilizing an “off-the-shelf” solution, Centura shares how options exist to supersize their deductions in a Defined Benefits Plan.  In this episode, Derek Myron speaks with … Continue reading Episode 10 – Supersized Qualified Retirement Plans and Rethinking Your Distribution Strategy of a Qualified Plan Since the Passage of the SECURE Act – With Guest Mike Zelch →

With years of experience in the qualified retirement plan arena, Andy Pooser shares his knowledge of business retirement plans and their guidelines. If your business doesn't have a retirement plan, but you know that you need to be offering a plan as an employee benefit, or if you would like a second opinion of your retirement plan, email david@parallelfinancial.com or click here to schedule an appointment.

Damion Lupo is a real estate investor, serial entrepreneur, and high-profile financial consultant. He founded eQRP Co. (formerly Total Control Financial) in 2010 to help people achieve financial freedom. He is committed disrupting Wall Street and empowering Main Street with the tools and teachings of financial transformation. In the last 25 years, Damion has launched and owned 40-plus companies, including a venture capital firm, an insurance agency, and more than a dozen real estate investment and development operations.  Damion joins us to discuss how can take control of your finances, and your retirement with the power of Qualified Retirement Plans. If you have been investing in real estate through your IRA, you may be paying more tax than you should be. Links: eQRP Co. Get Damion's Book For Free Mastery- George Leonard Find Us On Social Media: Facebook Instagram

In this article, we address, spousal rights under qualified retirement plans. #Spousal #rights, or #marital #rights, recognize a person's legal right to inherit property upon the death of their spouse, right to sue for wrongful death of their spouse, and the right to receive a spouse's pension, worker's compensation, disability, or Social Security benefits. #Spousal #rights vary by state but when it comes to spousal rights under qualified retirement plans, there are several federal regulations to be aware of as well. Read more in the article at: www.oflaherty-law.com/learn-about-la…state-law-2020 In this article, we answer questions about recent changes made to Iowa probate and estate law. Iowa Code Chapter 365 is the new Small Estate Statute. This recently passed legislation significantly changes the Chapter so that it applies to more of the population and hopefully simplifies the process. It goes into effect July 1, 2020 for those decedents passing on or after this date. Have any questions that weren't answered here? Let us know in the comment section! Subscribe to BLTV for daily Learn About Law videos: www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA If you are in Illinois or Iowa, and would like to make an appointment with an attorney, O'Flaherty Law would be happy to help. If you would like to schedule a free consultation or receive paid legal advice, go to: www.oflaherty-law.com or call our office directly at (630) 324-6666. Learn About Law is part of the Business Lounge Network, offering convenient and affordable office space in the Chicagoland area. Escape the noise of a crowded office or home and instead work in our professional and calm environment built to suit your business needs. For news on free events, membership offers and more, visit www.BusinessLoungeNetwork.com. Do you have marketing, editing or audio/video production needs for your business, podcast or website? Want to be a part of the BLTV network? Let us know what we can do for you by calling us at 630-324-6666 or by emailing us at david@businessloungenetwork.com. More Learn About Law videos, podcasts, and articles: www.learn-about-law.com Learn More about O'Flaherty Law: www.oflaherty-law.com Like us on Facebook for daily videos: www.facebook.com/oflahertylaw/ O'Flaherty Law has convenient offices located in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois and Davenport, Iowa, serving DuPage County, Will County, Cook County, Lake County, McHenry County, and Scott County and the Quad Cities area. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense. O'Flaherty Law is proud to offer a free initial consultation in most areas of law. The free consultation will provide general answers on what we can do for you regarding a legal matter, specifics on what services we provide, and brief explanations on what your options for legal service may be. A free consultation does not include free legal advice or answers to specific legal questions relating to your matter. Free consultations last no longer than 30 minutes, but a full 30 minute consultation may not always be required. None of the content in this series is intended as paid legal advice. Subscribe to our channel for daily videos dedicated to law and business. www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA

Damion Lupo is a powerful and sought after speaker and educator. He is a retirement planner, a strategist for financial freedom, and an expert in qualified retirement plans (QRP). He has developed the eQRP Company, a service that takes advantage of the IRS code to give you complete control of your IRA. We had an opportunity to talk with Damion, as he takes us back to his days selling Nintendo cartridges and college textbooks, to selling insurance and then making millions in real estate! Damion also got into the retirement planning space after getting tired of people losing their wealth in the stock market. He breaks down the different types of retirement plans, and details the tax disadvantages of IRAs. He explains how eQRP works to give you the best advantage for retirement and liability protection. Reference Links The eQRP Company http://eqrp.co The QRP Book https://hello.totalcontrolfinancial.com/freeqrpbook/ Art of the Deal by Donald Trump https://www.amazon.com/Trump-Art-Deal-Donald-J/dp/0399594493/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1571186605&sr=8-1 Real Estate Guys Radio https://realestateguysradio.com/

Our guest today is none other than Damion Lupo! We welcome Damion to explain something he says we should all be aware of but is often shielded from us for the sake of financial advisors' interests! He wants to talk about QRP's or qualified retirement plans, his trademarked Enhanced Qualified Retirement Plans and how much money you can save and ultimately make, with the use of one.

Patrick shares with us two conversations he had recently with people who were misinformed about the Qualified Retirement Plans they had through work.

Damion Lupo is a college dropout turned professional investor with decades of practical experience that started with the purchase of his first rental using a card advance on his credit card that turned into 150 rental houses in less than 5 years. In 2008 he lost the whole 20 million dollar business only to bounce back and recreate his wealth in less than 4 years. Since then he's owned 45+ companies, founded his own martial art Yokido and has written 10 books including the QRP Book which we're going to talk about today.Connect with DamionText “QRP” to 72000LinkedIn – Damion LupoFor today’s show notes, including audio and links to all the resources mentioned, visit www.limitless-estates.com/podcasts. For today’s video feed, visit our YouTube channel.To get access to our free Passive Investors Guide and monthly newsletters sign up at www.limitless-estates.comSchedule a free call with Kyle or Lalita hereTo find out more about partnering or investing in a multifamily deal email info@limitless-estates.com Local to Southern California? Attend our monthly meetup focused on Out of State Apartment investing. View our schedule at https://www.limitless-estates.com/events/meetupsJoin our Facebook Group - Passive Income through Multifamily Real EstateHave a question you would like answered on the show? Email us at info@limitless-estates.com.

From a tax perspective, California, by and large, is not as punitive as one may think, especially for retirees. The state does NOT tax Social Security income. They have no estate or inheritance tax. And believe it or not, income tax rates are not considerable for average taxpayers. Yes, the wealthy, those making over $1mm will get hammered. But for the vast, vast majority of taxpayers CA tax rates are reasonably. Property taxes on a percentage basis of assessed value are actually low. The problem is that the median home value in CA is over 400k. So, while the percentage of value is low the actual dollar amount is quite high. Where CA really gets you though is in sales tax. Sales tax are HUGE in the Golden State. No getting around that. And if you smoke or drive a car that uses an internal combustion engine you pay through the nose. One thing you need to consider though is that CA DOES charge its own premature distribution penalty of 2.5% on IRAs, Qualified Retirement Plans and annuities. I haven't heard ANY state doing this. Just be careful if you're domiciled in CA and are going to use retirement funds to start a business! --- Support this podcast: https://anchor.fm/josh-scandlen-podcast/support

In Part II of our series, Understanding Qualified Retirement Plans like IRA’s, Roth IRAs, 401k’s, 403b’s, SEP IRAs, SIMPLE IRAs and Required Minimum Distributions (RMDs). Bob & Mary Jo discuss the specifics and the rules associated with each type of plan.

Bob & Mary Jo discuss the history of retirement planning from social security to company pension plans as well as complete breakdowns of various retirement plans.

My guest today is a really interesting guy with a lot of great stories to tell.  Damion Lupo has a 5th degree black belt in real estate investing, and he's a financial transformation architect.  You'll have to listen to this episode to understand what both of those mean.  You'll also want to listen and learn how Damion built up a portfolio worth $20 million, and then lost much of it in the Great Recession. Damion shares many of his crazy stories about losing money, dealing with tenants, and why his investment career can be compared to the tv shows "Breaking Bad" and "Dexter".  Damion talks about spending over $1 million on seminars, gurus, and mentors, and what he's gained from those experiences.  He explains why he won't do business with anyone in their 20's, and discusses his thoughts on where we are in the current real estate cycle and what might happen during the next recession. Damion is also an expert on "QRPs", or Qualified Retirement Plans.  He'll explain what they are and the power they give investors over their retirement accounts.  He'll also compare them to Self Directed IRAs and explain why he believes QRPs are preferable. I know you're going to enjoy this conversation with Damion.  You can download a free copy of his book by going to www.qrpbook.com You can also visit Damion's website: https://www.totalcontrolfinancial.com/  

My guest in this episode is Amanda Holbrook. Amanda is a passionate driving force in the world of self-directed IRAs for 10 years and running. Her experience in the self-directed arena & turn-key real estate industry makes her a triple-threat as the Vice President of Business Development for Specialized IRA Services. This culmination provides a unique industry perspective resulting in immediate growth and results for the families and businesses she works with.

On this podcast we interview bad ass women real estate investors and/or women who have resources to help female investors. I made an exception this week and am interviewing a man!?! The reason I invited this particular man to speak is because he provides an extremely valuable resource like no other. I didn't want to […]

On this podcast we interview bad ass women real estate investors and/or women who have resources to help female investors. I made an exception this week and am interviewing a man!?! The reason I invited this particular man to speak is because he provides an extremely valuable resource like no other. I didn’t want to let his gender get in the way of sharing this message so… ABOUT DAMION LUPO Damion Lupo is a best selling author in alternative retirement investing and money psychology. He’s an expert on delivering checkbook control of your retirement money and investing tax FREE in non wall street assets like real estate, precious metals and crypto currency. Damion has written 9 books, is a 5th degree blackbelt, founded Yokido ®, has owned more than 40 companies, has been viewed more than 2 million times on Youtube and is the host of the Transformation Nation podcast. His mission is to Free a Million People from Financial Bondage. You can get a free copy of Damion’s book about the QRP here: https://hello.totalcontrolfinancial.com/the-qrp-for-investor-goddesses/ ABOUT MONICK HALM: Host Monick Halm is the founder of Real Estate Investor Goddesses online community and best-selling author of “The Real Estate Investor Goddess Handbook.” With her husband and their investors, she owns over 1200 rental doors. She delights in adding value for her investors and tenants through improved management and the targeted remodeling and rehabbing of properties. Visit: www.RealEstateInvestorGoddesses.com to connect with Monick and to join our dynamic community of Real Estate Investing Women from all over the world, and to join our Wealth Through Real Estate Event, Nov. 2-4, 2018!

Estate planning for retirement plan asset such as IRAs and 401k plans is difficult and confusing, and the wrong planning decisions may cause a major loss of benefits for your heirs.  Tune in to learn about Qualified Retirement Plans and the Inherited IRA, their similarities and differences, and asset protection planning for your heirs for the Inherited IRA.

PRACTICE FOR SALE: $26MM AUM | $287,000 GDC In Dallas, TX View this Listing: https://successionlink.com/advisors/20671/ Overview: We have been registered, either with the SEC or the Texas State Securities Board, since January, 1984. We have always been fee-only. Most of our current Clients are Individuals and Families, although we also manage Qualified Retirement Plans assets, all on a Balanced Fund, top-down basis. Subject only to limitations agreed to in our individual Client Contracts, all of our accounts are fully-discretionary. The Founder has both CFA and CFP certifications. He has a well-documented, excellent track record (using Advent Axys software) in Balanced Portfolio management since 1992. He also had the 5-year Top Performance Rank in the Indata Taxed Funds Balanced Portfolio category for the years 1987-91. Indata was a very well known, highly regarded firm at the time. When he was managing (with discretion) the Fixed Income investments for a Fortune 100 company Master Trust, he was recognized as having top performance by the Wilshire TUCS service. The founder specializes in Closed End Funds. We have international Clients. Our firm is expanding its set of comprehensive personal financial planning and consulting services, which will include associating with other firms or individuals and being compensated separately for planning and consulting services. We will also expand the set of investments that are available to our Clients. We will re-enter the 401(k) marketplace through a combination of self-directed portfolio management portfolios for individual Participants and pooled accounts (Partnerships or Trusts), which may include setting up and offering non-traditional, Balanced Closed End Funds. having distinctive degrees of risk.

  Today I am going to give you my honest opinion about a financial sacred cow, qualified retirement plans (401K, 403b, 457b and I.R.A's). I have a very contrarian view that will be very different from what you have heard from your financial advisor, financial media, employer, family and friends. My goal is not to persuade you or have you agree with me. My objective is firstly to give you my honest opinion and secondly to get you to see a completely different perspective that will hopefully be the catalyst for you to do your own research, due diligence and fact checking to form your own independent opinion.     Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   Quote: “Do you really want to invest in a system where you put up 100 percent of the capital, you, the mutual fund shareholder, you take 100 percent of the risk, and you get 30 percent of the return?” - John Bogle, founder of The Vanguard Group   Recommended Book: 401(k)aos by Andy Tanner Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity by Garrett B. Gunderson Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming...And How You Can Prepare Yourself and Profit from It! by Robert T. Kiyosaki    Recommended Resources: John Bogle: The “Train Wreck” Awaiting American Retirement 13 Reasons Why Your 401(k) Is Your Riskiest Investment 22 Reasons Why the Retirement Planning System is Broken Last Week Tonight with John Oliver: Retirement Plans (HBO)     Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what's working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript   Have some feedback you'd like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher  

Describe common disability provisions found in qualified retirement plans

Explain the vesting requirements applicable to qualified retirement plans

Explain the vesting requirements applicable to qualified retirement plans

Describe common disability provisions found in qualified retirement plans