Podcasts about secure act

Today we answer your questions about 529's. We try to help clarify the changes coming with Secure Act 2.0. We talk about if it would make sense for 529s to be under a grandparents name to avoid your child not qualifying for FAFSA. We discuss if it is smart to save in a 529 if you aren't sure if your child will attend college in the US. Dr. Dahle answers questions about his families' plan for inheritance for their kids and discusses which funds to choose for your kids Roth IRAs. We even touch on the topic of how much is reasonable to spend on an engagement ring. As healthcare evolves, it means greater opportunities for you. You can learn about the growing need for locum tenens from the creators of the industry, CompHealth. These short-term assignments allow you to pay down your student loan debt faster or earn extra income. Locums also provides flexibility of schedule and location for better work-life balance. In addition to assignments across the US and abroad, CompHealth provides personalized, high-quality service, which means exploring additional options, such as a medical mission, telehealth work, or even a permanent position, and help with your CV, contract negotiations, and more. Connect with an expert at https://CompHealth.com. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Main Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

Today we have the pleasure of being back with Cathy Sikorski, Esq. Cathy is an elder lawyer, but now majorly uses her knowledge and skills to speak and write about all things financial care in aging. Cathy has been a caregiver for the last 20 years and has an extensive background in dealing with Medicare, Medicaid, and Social Security. She's also always sure to keep us laughing!In today's episode, we will discuss the impact of the aging demographic in America, where over 10,000 people are turning 65 every day. We'll explore ways to prepare for this reality and make the road smoother for the daughters who will statistically bear the brunt of caregiving responsibilities in the future. Cathy will also discuss the impact of the Secure Act 2.0 on the long-term care space, the importance of having a power of attorney, and why you need to work with experts when dealing with your financial future. As always, Cathy has an amazing wealth of knowledge to share with us today. Don't miss this impactful episode where she shares why women need to step up and speak up in order to create a beautiful financial future for themselves.Here's some of what you'll learn in this episode:Cathy shares more about herself and explains the difference between an elder lawyer and an estate lawyer. (2:24) The impact of the aging demographic and the importance of setting up the next generation for success. (4:34)How the Secure Act 2.0 affects the long-term care space and the importance of a power of attorney. (10:03)Cathy discusses the impact of the Social Security raise. (19:10)The importance of talking to a Medicare expert. (22:09)Cathy talks about when to take Social Security. (25:24)Learn more about Cathy:https://cathysikorski.com/https://www.linkedin.com/in/cathysikorski24/  Email Cathy for your 30-minute conversation: cathy.sikorski@gmail.com Check out 12 Conversations  Check out Who Moved My Teeth Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/

Jim and Chris sit down to continue their discussion/review of the updated information regarding the Secure Act 2.0. The post Secure Act 2.0 Updates and Clarification Continued: EDU #2319 appeared first on The Retirement and IRA Show.

Welcome to a Financial Planning Podcast with a down to earth vibe Sasquatch listens while mowing his lawn, this is Through the Pines… On this episode we'll discuss   Secure Act 2.0 - How New Retirement Rules May Impact You   Increase RMD age Catch-up Contributions 529 Changes Roth Contributions by Employers Auto Enrollment on New 401K Plans   We'll answer these questions and more on this episode of Through the Pines…   Our Advisors for this episode is planwithbaxter.com   Forbes Best in State Wealth Management Teams For Utah - Baxter, Nelsen & Associates Advisor Hub Fastest Growing Advisors to Watch under 1 Billion - Baxter, Nelsen & Associates Receivers of the Ameriprise Client Experience Award - Baxter, Nelsen & Associates   Financial Advisors: Baxter, Nelson & Associates Contact: rex.m.baxter@ampf.com Website: https://www.ameripriseadvisors.com/team/baxter-nelsen-associates/   Find value in this podcast, consider supporting us here: https://www.buymeacoffee.com/banyanmedia   LIKE our Facebook Page: https://www.facebook.com/pinespodcast Follow our Instagram: https://www.instagram.com/pines_podcast/   Through the Pines  -  Reminding you to use Yesterday's Dollars to Finance Tomorrow's Dreams.   ****   This episode includes financial advice from professionals. Visit the financial planners in this podcast at www.planwithbaxter.com The Banyan Collective & Host, R. Brandon Long are not the financial professionals - podcast pro's, maybe - money men, not so much.   Through the Pines Podcast Copyright, The Banyan Collective - 2023

Welcome to a Financial Planning Podcast with a down to earth vibe Sasquatch listens while mowing his lawn, this is Through the Pines… On this episode we'll discuss   Secure Act 2.0 - How New Retirement Rules May Impact You   Increase RMD age Catch-up Contributions 529 Changes Roth Contributions by Employers Auto Enrollment on New 401K Plans   We'll answer these questions and more on this episode of Through the Pines…   Our Advisors for this episode is planwithbaxter.com   Forbes Best in State Wealth Management Teams For Utah - Baxter, Nelsen & Associates Advisor Hub Fastest Growing Advisors to Watch under 1 Billion - Baxter, Nelsen & Associates Receivers of the Ameriprise Client Experience Award - Baxter, Nelsen & Associates   Financial Advisors: Baxter, Nelson & Associates Contact: rex.m.baxter@ampf.com Website: https://www.ameripriseadvisors.com/team/baxter-nelsen-associates/   Find value in this podcast, consider supporting us here: https://www.buymeacoffee.com/banyanmedia   LIKE our Facebook Page: https://www.facebook.com/pinespodcast Follow our Instagram: https://www.instagram.com/pines_podcast/   Through the Pines  -  Reminding you to use Yesterday's Dollars to Finance Tomorrow's Dreams.   ****   This episode includes financial advice from professionals. Visit the financial planners in this podcast at www.planwithbaxter.com The Banyan Collective & Host, R. Brandon Long are not the financial professionals - podcast pro's, maybe - money men, not so much.   Through the Pines Podcast Copyright, The Banyan Collective - 2023

Jim and Chris sit down to discuss/review some updated information and clarification regarding the Secure Act 2.0. The post Secure Act 2.0 Updates and Clarification: EDU #2318 appeared first on The Retirement and IRA Show.

With the passage of the SECURE Act 1.0 and 2.0, agents and advisors have a greater opportunity than ever before to help individuals navigate the complexities of their 401(k) plan. Today on our show, Bonnie Treichel, Chief Solutions Officer at Endeavor Retirement, discusses these opportunities and the requirements to enter this space. Links mentioned in the show: https://www.linkedin.com/in/bonnietreichel/ https://endeavor-retirement.com/

As we wrap up season 2 of the podcast, Josh Cohen and guest co-host Michael Kreps come full circle to discuss alternative approaches to the U.S.'s employer-based retirement system. Instead of employers playing the role of the plan sponsor, what if the Federal Government stepped in? Or, what about the private sector? We discussed the proposed Retirement Savings for American Act, Pooled Employers Plans (PEPs) and much more. Josh and Michael are joined by two prominent influencers in the retirement space: Teresa Ghilarducci, professor of economics at The New School for Social Research, and Rick Jones, a Senior Partner in AON's wealth practice.   Key Takeaways: [2:07] Josh shares his two a-ha moments: One in 2010 when he visited Australia and learned about superannuation funds and the second a few years later when he heard about USA Funds. [3:03] Guest co-host Michael Kreps joins Josh, remembering the time that they met for the first time for a coffee, not knowing that they will end up hosting a podcast together. [3:41] Michael talks about his proposal to the Senate. [6:11] What if the Federal government plays the plan sponsor role for the private sector workers? Teresa Ghilarducci, professor of Economics at The New School for Social Research, speaks of the personal journey that motivated her efforts in this field. [10:30] Teresa speaks of the Mandatory Universal Pension System (MUPS). [16:46] Teresa's most recent proposal, a thrift savings plan for all workers. [19:20] Teresa endured a harsh pushback after the global financial crisis and received the name of ‘the most dangerous woman in America.' [20:17] Michael shares his thoughts about the Retirement Savings for America Act. [23:01] Michael discusses whether the government should be involved in running plans. [24:21] Rick Jones, a senior partner in the wealth practice at AON discusses pooled employer plans (PEPs). after discussing his career choices that led to his current position. [25:50] Rick discusses the employer's role in the US System and why he is passionate about PEPs. [28:37] The two main problems of the Multiple Employer Plans (MEPs) are the common nexus and the one-bad-apple rule. [30:06]  Rick speaks of the Secure Act.: , including who plays the role of the plan sponsor in PEPs and the fiduciary duties required. [35:05] Rick expands on the opportunities provided by pooling. [38:11] Michael adds his perspective on PEPs and its early efficacy indications. [42:14] Michael shares his wrap-up comments about the overarching question: Who plays the role of the plan sponsor? [44:06] Josh closes two full seasons of the podcast, addressing this podcast's central question and its complexity: We need Intentional plan sponsors!

Get ready to uncover Aaron Schumm's unique insights on retirement planning, problem-solving, and industry challenges that will make you rethink retirement planning.In this episode, Jamie Hopkins and Ana Trujillo Limón speak with Founder and CEO of Vestwell Aaron Schumm about his journey from aspiring stockbroker to CEO and founder of Vestwell. They delve into why Aaron asks candidates about their motivations for working in retirement and what he looks for in their responses. Aaron also shares more about his passion for problem-solving and making a positive impact through his work, Vestwell's mission to revolutionize retirement savings, the opportunities presented by the Secure Act, the importance of language in the industry, the challenges of jargon, and much more.Aaron discusses: How he went from wanting to become a stock broker to becoming the CEO and founder of VestwellWhy he asks candidates why they want to work in retirement and what he looks for in their responsesHis drive to solve problems and make a positive impact on people's lives through his workVestwell's mission to change the retirement landscape with efficient and scalable savings solutions for businesses and individualsThe new opportunities that the Secure Act presents for retirement planning and how Vestwell is prepared to handle the changesThe importance of language in the retirement savings industry and how using terms like "savers" instead of "participants" can help engage peopleThe challenges of industry jargon and how it can be confusing for both professionals and clientsAnd moreResources:Friends: Phoebe Works In Corporate For Benefits and a 401(k)Franklin Templeton: “Managed Accounts” Is A Terrible Name by Kevin MurphyConnect with Jamie Hopkins and Ana Trujillo Limón: Carson Group LLCLinkedIn: Jamie HopkinsLinkedIn: Ana Trujillo LimónConnect with Aaron Schumm:VestwellLinkedIn: Aaron SchummAbout our Guest: Aaron Schumm is Founder and CEO of Vestwell. Aaron founded Vestwell in 2016 to close the American savings gap by modernizing the way individuals and small businesses save. Prior to Vestwell, Aaron co-founded FolioDynamix which is now part of Envestnet (NYSE: ENV). He brings nearly 20 years of fintech and finserv experience from industry-leading companies including Northern Trust, Citigroup, and Fiserv. Aaron obtained his MBA at Duke University, Fuqua School of Business, and has a BS in Finance from the University of Illinois.

Best practices on how to view Roth conversions has shifted now that SECURE 2.0 has changed the age for required minimum distributions up to age 75 beginning in 2033. In this episode of the PFP Section podcast, Bob guides you with what to be thinking about as you make decisions with your clients this year, including: Tax brackets, outside funds to pay the tax on the conversion, and deferral have always been the main factors in deciding whether converting to Roth makes sense When looking at the brackets and tax rates in the year of conversion versus the year of withdrawal, look through the eyes of the married couple, the surviving spouse, and the children Understand the charitable intent of your clients and what they have that will offset the conversion income  How the SECURE Act, estate taxes, GST, and special needs trusts impact decision making Access resources related to this podcast: Note: If you're using a podcast app that does not hyperlink to the resources, visit Libsyn (PFP) to access show notes with direct links. Review Bob Keebler's latest decision charts in the Proactive Planning Toolkit, including the Roth conversion decision chart.  Check out Ross Riskin's chart, Visualizing Roth changes from SECURE 2.0. This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search “AICPA Personal Financial Planning” on your favorite podcast app.    

We sit down with Michael Foley again to review some of the recent changes by the government in the Secure Act and how this affects retirement and other financial issues.  Michael is a comprehensive financial advisor who runs his practice out of Scottsdale, Arizona, under North Star Resource Group. Michael was trained at Duke University and holds his Certified Financial Planner designation alongside his Certified Student Loan Professional designation. Although Michael serves a diverse group of clients with their financial and student loan needs, with two physician parents, Michael has found a specialty in working with those in the healthcare space.  North Star Resource Group is independently owned and operated. 6720 N Scottsdale Rd Ste 290, Scottsdale, AZ 85253. Separate from the financial plan and his role as financial planner, Michael may recommend the purchase of specific investment or insurance products or accounts. These product recommendations are not part of the financial plan and you are under no obligation to follow them. Financial Professionals do not provide specific tax/legal advice and this information should not be considered as such. You should always consult your tax/legal advisor regarding your own specific tax/legal situation. Twitter: @creogsovercoff1 Instagram: @creogsovercoffee Facebook: www.facebook.com/creogsovercoffee Website: www.creogsovercoffee.com Patreon: www.patreon.com/creogsovercoffee You can find the OBG Project at: www.obgproject.com

Congress signed the SECURE Act 2.0 into law a few months ago, and you might be surprised to learn there are quite a few good things in this bill focused on retirement savings. On today's Faith & Finance Live, host Rob West will explain how the new law affects your retirement. Then he’ll answer questions on different financial topics. See omnystudio.com/listener for privacy information.

Just when you think Congress can't do anything right, they go ahead and pass the SECURE Act 2.0.  There are actually a lot of “right things” in the latest version of this legislation, which was signed into law a few months ago. One this Faith and Finance, we'll talk about how it affects your retirement, whether you're in it, or still saving for it. Okay, a little background first. Congress loves acronyms, so understand that SECURE stands for Setting Every Community Up for Retirement Enhancement. The first SECURE Act was passed in 2019 and made several improvements to make retirement saving easier.SECURE ACT 2.0The latest version, the SECURE Act 2.0 as it's come to be known, builds on that, starting with changes to Required Minimum Distributions that you'll have to take in retirement.The age for taking your RMD has been increased from 73 to 75 if you turn 72 after January first of 2023 and that takes effect this year. That means you'll have an extra two years to build your retirement savings before making a mandatory withdrawal and paying taxes on that money. That's a definite improvement.A few more RMD improvements. Starting in 2024, If you have a Roth account with your 401(k) or 403(b) plan, you'll no longer have to take RMDs from that account during your lifetime.Also, if you're late taking an RMD or you miss one, the penalty has been reduced from 50% of the RMD to 25% starting this year. And if you correct the mistake within what's called a “timely manner,” the penalty is further reduced to 10%.The new legislation also makes things easier if you're struggling to pay off student loans and save for retirement. Employers with 401(k) plans, 403(b) plans, governmental 457(b) plans, and SIMPLE IRAs now have the option to match contributions on qualified student loan payments to your retirement account. That means your loan payments will be treated as elective deferrals just like your retirement contributions.Now, you know how we're always telling you to have an emergency fund in place with 3 to 6 months living expenses? The SECURE Act 2.0 will now give you a place to store those funds where they can make greater gains than in a savings account.Employers now have the option of adding a Roth “emergency fund” to their plans for most employees. Participants will be able to make limited contributions to those special Roth accounts and have penalty-free access to those funds when needed. And bonus— those contributions will be eligible for employer matches. That, as they say, is a game-changer.If you've been late making contributions to your retirement plan, there's also an increase in catch-up contributions. Starting in January of next year, if you're between ages 60 and 63, you'll be able to make larger contributions to your employer plan.The new limit will be $10,000 or 50% of the regular catch-up amount, whichever is greater, and that will be indexed to inflation. The IRA catch-up amount stays at $1,000, but that will also be indexed to inflation.Starting on January 1, 2025, individuals aged 60 to 63 will be able to make larger catch-up contributions to employer-based retirement plans. The limit for people in that age range will be the greater of $10,000 or 50% more than the regular catch-up amount, indexed to inflation. Also, the current IRA catch-up contribution amount of $1,000 will be indexed for inflation starting in 2024.Now, if you're starting to think that Congress did all this out of the goodness of their hearts, keep in mind that many of these new provisions are aimed at increasing Roth contributions. Since those contributions are made with “after-tax” money, it means that Uncle Sam gets his cut now, instead of having to wait.An example in the new legislation is that Roth accounts in company 401k and 403b plans are now eligible for matching employer contributions. But to be fair, increasing Roth contributions also works to the benefit of younger investors who are likely to be in a lower tax bracket now, rather than later in life.Proverbs 21:20 tells us, “Precious treasure and oil are in a wise man's dwelling, but a foolish man devours it.” and it would certainly be wise to take advantage of all these changes in the rules for retirement savings.On this program, Rob also answers listener questions: When does it make sense to take money out of retirement savings to pay off your home?What is the best way to save for retirement when you're getting a late start on investing?Remember, you can call in to ask your questions most days at (800) 525-7000. Also, visit our website at FaithFi.com where you can join the FaithFi Community, and give as we expand our outreach.  

Estate planning experts review recent T&E cases, IRS rulings, SECURE Act 2.0, DAF and CRT cautions, and other recent developments impacting estate planners. The American College of Trust and Estate Counsel, ACTEC, is a professional society of peer-elected trust and estate lawyers in the United States and around the globe. This series offers professionals' best practice advice, insights and commentary on subjects that affect the profession and clients. Learn more in this podcast.

April 10, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes John Jilek, CFP®. Are you thinking about retiring soon? Do you understand the consequences of taxes on fixed income? Tune in to this program to enhance your understanding of the following: Tax Withholding 101 for Federal employees. Be prepared to fully understand how you are taxed at the Federal, State, and Local levels. Unwinding the myth of retirement in a lower tax bracket. It just doesn't happen for FEDs. Understanding the taxation issue associated with TSP pretax contributions and growth. Roth TSP contributions. It's not too late, take advantage of this before you retire to build a tax-free nest egg. No – You don't make too much income to contribute. Consider a team of professionals to help you through the critical years transitioning from working income to retirement income. The Secure Act and Secure Act 2.0 may not favor you or your beneficiaries. Make sure you plan appropriately. For questions or comments, email us in advance at ForYourBenefit@nitpinc.com

The Secure Act was one of the most significant systemic rewrites of retirement planning in recent history. These changes created opportunities for all ages, from young adults just out of college to individuals just starting retirement. In this episode, Evan Wohl speaks with Joshua Caron, Vice President of Federal Affairs at Finseca, on the Secure … Continue reading How the Secure Act Has Changed Retirement Planning with Joshua Caron →

Many DIY investors would like to learn more about the latest changes in financial and tax laws but don't have the same opportunities to attend professional financial conferences. The good news is that Bret and I do have these opportunities, and we relish sharing our findings.  On this episode of Retirement Starts Today, Bret shares his insights from his boots-on-the-ground experience at Ed Slott's recent conference in Las Vegas. If you are curious about the changes surrounding IRAs and other retirement accounts as a result of the Secure Act 2.0, you won't want to miss Bret's distillation.  Outline of This Episode [3:22] Private letter rulings are very expensive [6:23] Tax laws are getting more complicated [11:52] Main themes of the conference [17:30] Don't squander your biggest advantage in retirement Resources & People Mentioned Ed Slott Devin Carroll on YouTube Social Security Intelligence Episode 279 - Secure Act 2.0 Connect with Benjamin Brandt Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/ Follow Ben on Twitter: https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts, Stitcher, TuneIn, Podbean, Player FM, iHeart, or Spotify

This episode is next in the podcast series, #AskPattiBrennan - a series of episodes in which Patti answers one of her listener's frequently asked questions.  These podcasts are shorter in length and address one FAQ or RAQ (a rarely asked but should be asked question).  Not many people have been talking about a law that was passed at the end of 2022 called the Secure Act 2.0.  This law affects everyone's retirement planning in some way or another and it's very important that retirees sit down with a qualified professional to ascertain which changes in this law apply to them.  In this episode, Patti uncovers the big pieces of this law and offers actionable steps to take to benefit from those changes.

Welcome to "Ahead In The Count" presented by BIP Wealth. On this podcast, learn something new, or find clarity on what was confusing before, from former pros current financial advisors Jim Poole, Kyle Schmidt, John Hester, and Jacob May. This special episode discusses what ballplayers need to know about the SECURE Act 2.0 for finanical benefits, and what isn't included as well. To contact the hosts, send an email to jhester@bipwealth.com,  jpoole@bipwealth.com, kschmidt@bipwealth.com, or jmay@bipwealth.com

The Setting Every Community Up for Retirement Enhancement (“SECURE”) Act of 2019 was the most significant retirement-related legislation since the Pension Protection Act of 2006. The Act significantly altered the estate planning landscape for retirement account owners by eliminating the stretch IRA for most non-spouse beneficiaries and introducing new rules for trust beneficiaries. To learn more about tax and estate planning with retirement account I'm joined on this episode by Bernstein National Director of Tax Research Bob Dietz.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor's personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before making any decisions. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any financial instrument, product or service sponsored by AllianceBernstein or its affiliates.

How will you take advantage of the SECURE Act 2.0? I'm Sharla Jessop, President ofSmedley Financial Services. Today Jordan Hadfield, my friend and colleague,will continue part 2 of the SECURE Act 2.0. 

Chris Carosa joins Josh once again to dive deep in retirement strategy and understanding what your number is for a stress free retirement. Also, teaching your kids to become millionaires from an early age. Plus, The Secure Act 2.0.

The Secure Act 2.0

This week, David discusses “Roth-o-mania” and what to expect with the Secure Act 2.0 Share with a Friend

In this episode, we will talk to Ben Norquist of Convergent and Lauren Bray, Product Specialist and Counsel with Compliance Systems about the recently released Secure Act 2.0 and what financial institutions should do in response.

Key Takeaways and Tax Planning Points:Enacted as part of the Inflation Reduction Act (IRA), corporations are now subject to a 15% minimum tax on book income of $1 billion or more. The IRA also provided $80 billion of funding for IRS – with $46 billion earmarked specifically for enforcement. Enacted as part of the 2023 Omnibus Appropriations legislation, the SECURE Act of 2022 contains a host of retirement provisions such as changes to 401k, IRS, Roth, and other plan rules. While the current Administration's “Green Book” on tax policy has not yet been released, a few tax proposals were discussed during the February 2023 State of the Union Address: Establishment of a new increase from a 1% excise tax on stock buybacks (enacted August 2022) to 4% excise tax Establishment of a new “billionaires” tax – households with net wealth exceeding $100 million would pay a minimum rate of 20% on an expanded computation of income, which would include unrealized capital gains. Reaffirmation by President Biden that the government would not raise taxes on anyone earning under $400,000/year. As Congress is split politically, it remains difficult for meaningful new tax legislation to make it through both houses and clear the President's desk in the near term.Resources: Navigating the Intersection of Tax & ESG Is Your Company Effectively Managing Tax Risk?How to Benefit from Total Tax Transparency

The SECURE Act 2.0 was signed into law at the end of 2022, building upon the work that the original SECURE Act did to address the retirement crisis in the U.S. On this episode of Paychex THRIVE, a Business Podcast; host Gene Marks is talking with the CEO of the American Retirement Association, Brian Graff. Listen in as Brian discusses the impact that SECURE 2.0 will have on businesses and employees, and what some of the great incentives it has built in. Topics Include: 00:00 – Welcome, Brian Graff 01:14 – American Retirement Association 02:21 – Purpose of the SECURE Act 2.0 03:18 – Likelihood of workers to saving 04:23 – Impact of SECURE 2.0 on businesses 05:01 – Will SECURE 2.0 have a bigger impact? 06:18 – SECURE Act 2.0 incentives 07:27 – State plans vs. SECURE Act 2.0 tax plan 08:34 – Tax credits and Starter-K 09:58 – Tax credits for matching contributions 11:51 – Matching on student loan payments 13:33 – Emergency withdrawal provision 15:25 – Flexibility with Roth accounts 17:01 – New Roth requirements 18:53 – Automatic enrollment 21:18 – Database for missing retirement accounts 23:25 – Part time worker eligibility to save 24:44 – Impact of raising age for distribution 27:35 – What should business owners be doing? 29:17 – Wrap up Hear more about how the SECURE Act 2.0 is working to combat the retirement crisis at www.paychex.com/worx/podcasts/business/secure-act-combating-retirement-crisis. Learn more about the SECURE Act 2.0 incentives at www.paychex.com/articles/compliance/secure-act-changes. DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Talking Guaranteed Lifetime Income Solutions with Allianz Life's Michael De FeoGuaranteed lifetime income in retirement plans is a hot topic these days, with study after study revealing that Americans want to know more about it and view these products as a good fit to help them reach their financial objectives.While 401(k) plan sponsors are showing increasing interest in adding guaranteed income products to their benefit programs, there's still a lot of confusion surrounding what they are and how they work among retirement plan advisors and plan sponsors alike.To help us sort it all out and understand what's happening in this growing market, we are joined by Michael De Feo, Head of Defined Contribution Distribution at Minneapolis-based Allianz Life Insurance Company of North America, which has recently expanded into the defined contribution market as more Americans say they want guaranteed income options in their employer-sponsored plan.De Feo shares his insights about how the SECURE Act and SECURE 2.0 has spurred innovation in guaranteed lifetime income product design, the barriers to widespread adoption these products still face, and a shift toward more personalization through managed accounts and hybrid plan design.---------------1 Institutional retirement reference guide, LIMRA, 2022.2 U.S. Defined Contribution Distribution 2022, Cerulli & Associates, 2022.This content is for general informational purposes only. It is not intended to provide fiduciary, tax, or legal advice and cannot be used to avoid tax penalties; nor is it intended to market, promote, or recommend any tax plan or arrangement. Allianz Life Insurance Company of North America, its affiliates, and their employees and representatives do not give legal or tax advice or advice related to Medicare or Social Security benefits. You are encouraged to consult with your own legal, tax, and financial professionals for specific advice or product recommendations, or to go to your local Social Security Administration office regarding your particular situation.Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIFProducts are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. (C64712-MVA)Product and feature availability may vary by state and broker/dealer.

SECURE Act 2.0 created new retirement and savings opportunities that were not part of the original SECURE Act. Notably, it gives business owners the ability to be more strategic when choosing what kind of tax-deferred plan is best for them based on their personal and business circumstances. And it also gave them more options for employees. So why should business owners be thinking about meaningful and inspired ways to retain employees and focus on overall employee well-being?  In this episode of Off the Wall, host Jessica Gibbs, CFP® speaks with Emily Harper, CFP®, Vice President and Partner at Monument Wealth Management. Emily breaks down what business owners need to know about the SECURE Act 2.0, the types of retirement plans that are not available, and the deadlines that have changed. She also explains the factors to consider when choosing between a Solo 401K and a SEP IRA, and highlights opportunities employers now have to support employees, including through matching contributions to Roth retirement plans and matching amounts an employee paid toward student loan debt.  Then Caroline Clark, a Human Resources Business Partner at Capital One, joins the episode to discuss the significance of creating a meaningful benefits package that meets employees' needs and is easy to access and use. Caroline shares trends in company benefits, and tips for business owners who want to create a benefits package but aren't sure where to start.  Caroline and Emily also delve into the philosophy of “Stakeholder Theory”—which stresses the interconnected relationships between a business and its customers, employees, communities, and others who have a stake in an organization, including the business owner—and its value in creating positive, far-reaching effects.  “If you take care of the associate, the associate will take care of the customer, and the customer will keep coming back.” – Caroline Clark  Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures.    Episode Timeline/Key Highlights:  [02:08] Retirement savings enhancements for business owners under SECURE Act 2.0 [04:34] Factors to consider when choosing between a Solo 401K and a SEP IRA[08:45] Expanded Roth savings opportunities  [12:39] The importance of considering employee well-being and how SECURE Act 2.0 can help [15:55] Current trends in employee benefit offerings [20:32] The importance of collecting feedback from employees to create successful benefits packages [22:30] How to create meaningful benefits packages [23:29] Ensuring ease of access to benefits for maximum employee value [26:50] How employers can reconcile which benefits they can realistically provide with their desired offerings [28:25] An explanation of Stakeholder Theory and how it generates values for the business, the employee and the customer [32:26] Final advice for business owners on balancing personal priorities with business needs   About Caroline Clark:  Caroline Clark is a Senior Manager, Human Resources Business Partner at Capital One where she works with leaders in US Card. Caroline has spent her career working across a variety of industries solving business problems through human solutions. Previously, Caroline led talent strategy and acquisition at the American Bankers Association and Marriott International. Caroline received her MBA from The University of Virginia, Darden School of Business where she served as the President of the Network of Executive Women and was recognized with the C. Stewart Sheppard Distinguished Service award. You can find her taking walks or catching the latest Formula 1 race on the weekends with her husband, Matt, son, Luke, and Spanish Water Dog, Cooper. Connect with Caroline on LinkedIn : https://www.linkedin.com/in/carolinekclark/  Resources Mentioned:  Gallup Employee Wellbeing: https://www.gallup.com/workplace/215924/well-being.aspx  Education Data Initiative: https://educationdata.org/student-loan-debt-statistics  Stakeholder Theory & R. Edward Freeman: https://www.darden.virginia.edu/faculty-research/directory/r-edward-freeman  Connect with Monument Wealth Management: Visit our website: https://bit.ly/monumentwealthwebsite  Follow us on Instagram: https://bit.ly/MonumentWealthIG  Follow us on Twitter: https://bit.ly/MonumentWealthTW  Connect with us on LinkedIn: https://bit.ly/MonumentWealthLI  Connect with us on Facebook: https://bit.ly/MonumentWealthFB  About “Off the Wall”: OFF THE WALL is a podcast for business professionals and high-net-worth investors who want to build wealth with purpose. A little bit Wall Street, a little bit off-the-wall; it's your go-to for straightforward, unfiltered wealth advice on topics that founders, business owners, and executives care about.  Learn more about our hosts, Dave and Jessica on our website at https://monumentwealthmanagement.com.  Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures.     

There are new rules about Required Minimum Distributions and the RMD age after the SECURE Act 2.0 went into effect on January 1, 2023. RMDs can be very tricky, but it's critical to understand how to plan for them. What are your RMDs going to look like in retirement? Will they influence your taxes or your probability of success? Dean Barber and Logan DeGraeve discuss how to go about doing that and more on America's Wealth Management Show. Schedule a Meeting: https://barberfinancialgroup.com/radio-show/complimentary-consultation/?utm_source=Radio-Show-Podcast&utm_medium=AWMS&utm_campaign=rmd-age-for-2023 Start Planning Here: https://barberfinancialgroup.com/retirement-planning-tool/radio/?utm_source=Radio-Show-Podcast&utm_medium=AWMS&utm_campaign=rmd-age-for-2023 More on this episode: https://barberfinancialgroup.com/rmd-age-for-2023-whats-your-required-beginning-date/?utm_source=Radio-Show-Podcast&utm_medium=AWMS&utm_campaign=rmd-age-for-2023 Downloads: 2023 Retirement Planning Calendar: https://barberfinancialgroup.com/2023-retirement-planning-calendar/?utm_source=Radio-Show-Podcast&utm_medium=AWMS&utm_campaign=rmd-age-for-2023 Tax Reduction Strategies: https://barberfinancialgroup.com/tax-reduction-strategies/?utm_source=Radio-Show-Podcast&utm_medium=AWMS&utm_campaign=rmd-age-for-2023 Videos: Considering RMDs Before & After Retirement: https://youtu.be/gAbLBswC938 Understanding the SECURE Act 2.0 with Ed Slott: https://youtu.be/HHPMo9l0yeg What Is Tax Planning?: https://youtu.be/vQ9yVdch9aw What Is Tax Diversification?: https://youtu.be/TdsUZfKSrY0 Articles: Tax Rates Sunset in 2026: https://barberfinancialgroup.com/tax-rates-sunset-in-2026-and-why-that-matters/?utm_source=Radio-Show-Podcast&utm_medium=AWMS&utm_campaign=rmd-age-for-2023 Other Resources: Barber Financial Group Educational Series: https://barberfinancialgroup.com/event-calendar/educational-series/?utm_source=Radio-Show-Podcast&utm_medium=AWMS&utm_campaign=rmd-age-for-2023 The Guided Retirement Show: https://www.youtube.com/c/theguidedretirementshow

Topics   DC and profession update  Technical developments  Small firm update  Secure Act 2.0 analysis including upcoming deadlines for 401(k) plans employer contributions     Speakers   Barry Melancon, President and CEO, AICPA   Erik Asgeirsson, President and CEO, CPA.com     Lisa Simpson, VP, Firm Services, AICPA   Carl Peterson, VP, Small Firm Interests, AICPA  Zachary Keep, Manager-Compliance Risk, Paychex,

On today's show, we'll explain what you need to know and learn four ways the new changes might impact you. From Required Minimum Distributions (RMDs) to catch-up contributions, we'll cover some of the key items in SECURE Act 2.0. This won't cover everything, but this will give you a few items to consider when you meet with your advisor next.   On today's show, here's some of what you'll learn: The Required Minimum Distribution age has been pushed back again. (3:44) What's happening with the special catch-up contribution? (7:26) Now the 529 Plan has a Roth option. (11:27)   Contact Dave and Drue:  Web: https://www.truefinancialpartners.com/ Email: info@truefp.biz Phone: 877-359-8783  

(3/22/23)The Secure Act 2.0 and re-thinking retirement; too many Americans cannot afford to save; mandatory savings to start at 3%; no more "set-it-and-forget-it." Rule of thumb: Save 30% of income; if you can't you have a spending problem, not a savings problem; the financial responsibility of Boomers.  Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch the full show from which this segment is excerpted on our YouTube channel:   https://www.youtube.com/watch?v=hThK1DhuA54&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s  -------- The latest installment of our new feature, Before the Bell | "Powell: More Rate Hikes Longer?" is here: https://www.youtube.com/watch?v=gNQ6b2DVzVM&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1  --------  Our previous show is here: "Waiting for the Gadot Recession" https://www.youtube.com/watch?v=I8JkXArrsFg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- Articles mentioned in this podcast: "Bear Trap? Market Holds Critical Support" https://realinvestmentadvice.com/bear-trap-market-holds-critical-support/ ------- Video's referenced in this broadcast: "Raising Money Smart Kids" | Richard Rosso & Danny Ratliff https://www.youtube.com/watch?v=ly-09fRehKU&list=PLVT8LcWPeAujtF0xU6bHGcIrXFq2dFy2X&index=1 --------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #RetirementSavings #Inflation #Markets #Money #Investing

The SECURE Act 2.0 created many changes that will impact employers, employees, and their retirement plans. From expanded retirement plan access to increased flexibility in retirement savings, we will examine the key changes and what they mean for your retirement planning. With the help of special guest Corey Johnson, AIF®, we're covering that during this episode of the Wise Money Show. Season 8 Episode 30 Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!   Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.     Find more information about the Wise Money Show™ at www.wisemoneyshow.com    Be sure to stay up to date by following us! Facebook - https://www.facebook.com/WiseMoneyShow  Twitter - https://twitter.com/WiseMoneyShow  Instagram - https://www.instagram.com/wisemoneyshow/    Want more Wise Money™? Read our blog! https://www.korhorn.com/wise-money-blog  Watch the guys in the studio: https://youtu.be/NRuTTW74rx0  Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow   Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Kaaren Hall is a Self-Directed IRA Expert, CEO of uDirect IRA Services, entrepreneur and Gobundance Women's member. Despite being in the midst of a recession and mortgage market collapse, Karen founded and made a resounding success of her own company, uDirect IRA Services. She discovered a strategic way to put her 20+ years in real estate, property management and mortgage lending into one channel to serve real estate investors. Powerful Moments From The Episode 00:00 - Podcast Teaser 00:44 - Guest Introduction 01:27 - Radio DJ to Real Estate 08:13 - Getting Into The Self Directed IRA Business 10:05 - Growing Out of Being a “Trailing” Spouse 14:10 - Including Real Estate In Your Retirement Account 22:49 - “Secure Act 2.0” Important Changes Coming to Retirement Accounts 33:50 - The Size & Scope of “uDirect IRA Services” 34:34 - Kaaren's Personal Real Estate Investments 35:09 - The Power of Gobundance Women Network 36:49 - Gobundance Card Game Question 37:33 - How To Connect with Kaaren Hall Connect with Kaaren Hall Website https://udirectira.com/ Learn More About Our Tribe! https://www.gobundance.com Want to watch the Tribe of Millionaires? YouTube: https://www.youtube.com/channel/UCbczkBHANH9ULLQiSt56bQA/ Watch How To Profit From Your Personal Brand | Mark Lack Ep 241 https://www.youtube.com/watch?v=OLYFjltV69s Want to connect with our community? Instagram: https://www.instagram.com/gobundance Facebook: https://www.facebook.com/gobundance Twitter: https://twitter.com/GoBundance Tribe of Millionaires Podcast by GoBundance is the podcast for healthy wealthy generous people who choose to live epic lives. Each week we connect with featured guests and GoBundance members to bring you the best in our community.

What are some strategies available for business owners and real estate professionals to decrease their taxes? Tim Gertz, CPA and Partner at Provision Wealth, will be exploring these scenarios with us. Read this entire interview here: bit.ly/42kvJk2 For business owners, including law firms, dentists, etc, what are some tax strategies available? The tax code is created for you. That is the incentive based model that has been created for you as a business owner to create wealth, or to create jobs, and more opportunity for them to tax more people. For business owners, the sky's the limit. In order to take a deduction under the code, it has to be ordinary and necessary for what you're doing. Every business is different, but as long as you can look at your business and make sure that you align your facts with what you're trying to do, you can duck almost everything. There are huge opportunities, we still have bonus depreciation in play. If you buy any equipment, meals, travel, auto expense, home office, it continues to go on. The inflation Reduction Act included huge opportunities for solar, if you have a commercial office building, you can put solar on it, you can get up to a 70% tax credit this year on that. On top of that, if you don't have a tax liability, the IRS has given you an opportunity to sell your tax credits. Not only do you have the opportunity to get a tax credit, but if you can't use it, you can sell it. Secure Act 2.0, which was signed into law in December, as incentives for setting up retirement accounts, where they will pay for the setup of the retirement account. It will be a dollar for dollar credit. When you look at businesses, look at what are you trying to do, and align yourself to what you're trying to accomplish, then everything would be deductible. If you're saying: I want to do this, then what is it that I need to do to make this an ordinary necessary deduction so that I'm aligned with the law, and I'm not doing anything that's in the gray areas, but it's ordinary and necessary, so I can deduct it. For real estate professionals – what are the tax benefits for them? Is this the best profession for tax purposes? It is. There are nuances here and there, a lot of times, I've a lot of people that are active in business A: the husband has a business, he is a dentist for example, and the wife is a real estate professional. That gives us an opportunity. Real estate professionals are huge, especially after 2017 with the advent of bonus depreciation on used assets, now we are able to create this huge loss in real estate that can offset all the income in this business that the other spouse has. Being a real estate professional does open a lot of opportunities. You're investing in an asset class that has been in a storied past of growth and appreciation. It's also a great asset to invest in. It's kind of a double whammy in that regard. The Inflation Reduction Act was huge. Whether you're a business owner, whether you own real estate, whether you're buying an electric car, whatever it might be, talk to someone about it. A client is putting a solar installation on their commercial building, and they're getting about a 90% credit. You're putting a $10 million dollar solar array, and getting a $9 million credit, which you can also sell, and you might be able to sell it for 90 cents on the dollar. Tim Gertz www.provisionwealth.com contact@provisionwealth.com --- Support this podcast: https://anchor.fm/best-commercial-retail-real-estate-investing-advice-ever/support

Today we are answering your questions about retirement accounts. This is a topic that comes up a lot from readers and listeners and that is because it can be complicated! Especially when the rules keep changing like they did with the recent Secure Act 2.0. Today we tackle questions about withholding taxes, new rules with the Roth 401(k), maximum allowable contributions to combined retirement accounts, when you should roll your 401(k)s from multiple companies into one account and so much more. SoFi is here to help medical professionals like you save thousands of dollars with student loan refinancing. Right now, qualifying medical professionals can refinance their private student loans with an up to one percent rate discount. And for residents, you'll pay just a hundred dollars monthly while in residency. Visit https://SoFi.com/WhiteCoatInvestor to see all the promotions and offers they've got waiting for you. SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS 696891. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Main Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

We've seen some bank failures over the course of the last week and there are questions about systemic risk throughout the entire system. The Fed continues to be hawkish on interest rates. Is this the beginning of something bigger? A big economic downfall that we all need to prepare for? We are going to give you our thoughts on what we think is going to transpire, and how to position your portfolio. On the Tipping Point, today, we're going to talk about SECURE Act 2.0. There are huge tax benefits available to you that you might not know about. We're going to give you the rundown to make sure that you're on your path to financial independence.

It is tax time and we want to revisit a popular episode! Learn from Host Annette Hines and her favorite guest, law partner, and husband, Mark Worthington about answers to four top questions people ask about tax preparation and tax reporting: Can I claim my adult child as a dependent? If I charge my adult child room and board when they are living with me, is that taxable income to me? And how does this impact their Supplemental Security Income (SSI)? Taxation of special needs trusts and SECURE (Setting Every Community Up for Retirement Enhancement) Act of 2019 updates. How are caregiver payments such as Adult Family Care (AFC) and Personal Care Attendant (PCA) taxed to the recipient? In relation to #3 on taxation of special needs trusts and the SECURE Act, Mark and Annette discuss the proposed regulations that were released in February 2022. The SECURE Act shifted how distributions could be taken from retirement accounts after the account owner dies.  If you are considering including a retirement account in a special needs trust for a disabled beneficiary or if you are a trustee managing a trust that has an inherited retirement account, you must be talking with a special needs estate planner like Annette or Mark or a tax advisor.  If you or are working with an individual who lives in Massachusetts and need guidance on special needs trusts, you can contact their firm, Special Needs Law Group of Massachusetts, PA on their website: https://specialneeds-law.com/contact/ Since the recording of this episode, Congress signed into law SECURE 2.0 Act in late 2022, and updated how people save money for retirement and withdraw funds from retirement accounts. SECURE 2.0 completely revised the rules for the age at which retirees must take required minimum distributions (RMDs) from their retirement plans.  If your trust has an inherited retirement account or if you are the beneficiary of one directly, you will have to pay attention to the new required minimum distribution (RMD) rules. Finally, an important point that Annette and Mark make is that distribution decisions for a special needs trust to a beneficiary cannot be made based on taxes. Rather these decisions should be made best on what is in the best interest of the beneficiary, how much needs to be saved, the size of the trust, form of the distribution. What types of tax questions do you have? What can Annette or Mark answer for you in future episodes? Leave us a comment or question here: https://specialneedscompanies.com/podcasts

Are low-cost mutual funds or ETFs better investments in a tax-advantaged account? Also, more strategizing from that SECURE Act 2.0 529 plan provision, the pros and cons of selling a rental house now or holding it until you pass, and an easy-breezy self-employed retirement account that's better than a SEP IRA. Plus, will municipal bond income bump you into a higher tax bracket? Can you avoid capital gains tax by investing less aggressively over time?  Timestamps: 00:00 - Intro 00:46 - Mutual Funds vs. ETFs in a Tax-Advantaged Account? (Midwestfabs, St Paul, MN) 08:06 - SECURE Act 2.0 529 Plan Strategy (Chris, Atlanta) 14:51 - Will Municipal Bond Income Bump Me Into a Higher Tax Bracket? (Bobby, Philadelphia) 26:31 - Can I Avoid Capital Gains By Investing Less Aggressively Over Time? (Joe, Aston, PA) 33:12 - Pros and Cons of Selling a Rental House Right Now (Joe, Chula Vista) 34:48 - An Easy Breezy Self-Employed Retirement Account Better than the SEP IRA? (Steve, Las Vegas) 39:58 - The Derails Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-420 The SECURE 2.0 Circus: brand new YMYW TV and companion guide Blog post: Self-Employed Tax Filing & Small Business Retirement Plans The Ultimate Guide to IRAs Episode Transcript Ask Joe & Big Al On Air (plus, cute dog photo alert! We've got Midwestfabs' dog, “Jake-from-State-Farm”!)

In late 2022, we had a landmark piece of legislation, "SECURE 2.0", that will impact retirement savings for years to come. Much of what will passed will directly impact many people, particularly those that are entering required minimum distribution (RMD) ages as well as new rules on beneficiary IRAs. Mitch and Alicia break down the nuances of this legislation over two podcast episodes. This is part two. --- Send in a voice message: https://anchor.fm/walkner-condon/message

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP®, RICP®, takes this question from Leighton in Boise, Idaho: How are 529 accounts affected by changes with the Secure Act 2.0? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 211: The Ins and Outs of the 529 College Savings Plan 7 Things to Consider Before Starting a 529 Plan Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

In this Episode of the Secure Your Retirement Podcast, Radon and Murs have Denise Appleby to discuss how the Secure Act 2.0 can affect your retirement plan. Denise is the CEO of Appleby Retirement Consulting Inc., a firm that provides IRA tools and resources for financial and tax professionals.She explains the good provisions of the Secure Act 2.0 that benefit domestically abused spouses, terminally ill patients, the 529 beneficiaries, and so much more. Listen in to learn why you should talk to a financial advisor to help you do IRA transfers instead of jumping into a rollover without any guidance.In this episode, find out:The confusion the age change of taking Required Minimum Distributions (RMDs) is creating.Understanding the meaning of a rollover as part of RMDs and how it works.Denise explains the good provisions of the Secure Act 2.0.The 529 plan and the stipulations they put in place to govern it's rolling over into a Roth IRA.How to avoid making an IRA rollover mistake by talking to an experienced financial advisor.Understanding an IRA rollover and why you have to be careful how you move your money.Why you should do a trustee-to-trustee IRA transfer instead of a rollover.Denise's retirement dictionary, where she breaks down retirement language into simple English.Tweetable Quotes:“Don't believe everything you read online; talk to a financial advisor and interview them just as you would your physician.”- Denise Appleby“You really want to do a trustee-to-trustee IRA transfer and never a rollover.”- Denise ApplebyGet in Touch with Denise:LinkedIn: https://www.linkedin.com/in/deniseappleby/Resources: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.

Listen to how ordinary people built extraordinary wealth - and how you can too. You'll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel, Kristina Ellis, & Jade Warshaw. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

In a congressional effort to increase retirement savings, Secure Act 2.0 was recently signed into law … And it's sure to affect people with retirement accounts.   But what impact could it have on YOU and your real estate investing?    Pull up a chair and put on your listening ears … Today we're talking to our go-to retirement account investing expert about the changes under the new legislation … And how YOU can benefit!   Visit our Special Reports Library under Resources at RealEstateGuysRadio.com.

Dave Ramsey & George Kamel answer your questions and discuss:   Selling stocks to pay off the house, Dealing with buyer's remorse on a recent house purchase. from the blog: How to Keep 3 Common Home Repairs From Busting Your Budget 10 things you need to know about The Secure Act 2.0, "Should I tithe on my tax refund?" Support Our Sponsor: NetSuite Zander Insurance DreamCloud Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Dave Ramsey & Kristina Ellis answer your questions and discuss:   "How can I prepare for a government shutdown?" from the blog: What Is a Government Shutdown and How It Could Affect You "Can I move funds from an IRA to a 529?" What the Secure Act 2.0 means for those with student loans, "I need a new car soon", Where to start on your money journey. Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

George Kamel & Kristina Ellis answer your questions and discuss: Using credit card points to pay off a mortgage, Update on student loan provision in the Secure Act 2.0, Selling a truck to pay off the house, Knowing which credit card to pay off first. Dealing with overdrafts. Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy