Show NotesTranscriptView All Episodes In this episode of "Protecting and Preserving Wealth," Bruce and Jon discuss a counterintuitive approach: discontinuing contributions to traditional IRAs and 401ks. Drawing insights from IRA distribution expert Ed Slott, I challenge established retirement planning conventions. Slott is a recognized authority in IRA planning, is a professional speaker, best-selling author, and well-regarded by The Wall StreetRead more

Show NotesTranscriptView All Episodes Many of our listeners have established a trust for their assets upon passing. And while nobody wants to think about their mortality, today I explain what happens to that trust when you pass. The first thing that happens is that your living revocable trust becomes an irrevocable trust, and your successor trustee is now in chargeRead more

  7 Common Estate Planning Mistakes & How to Avoid Them Estate planning is a critical component of a comprehensive financial plan. Anyone can easily misunderstand its complexities and nuances, leading to costly mistakes if not done the right way. Let’s explore seven common mistakes people often make with estate planning and how you can avoid them.   Failing to

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Show NotesTranscriptView All Episodes It's a question many taxpayers ask themselves each year.  Should I itemize my deductions, or should I take the standard?  Of course, every situation is different.  But today, I break down some factors that can affect this decision. Since the Tax Cuts and Jobs Act (TCJA) of 2017, there are six main areas where you canRead more

Market Update— Quarter Ending June 30, 2023 Presented by Bruce Hosler — Quick Hits Equity Markets Surge in June Fixed Income Faces Challenges Economy Continues to Grow Debt Ceiling Concerns Fade Market Risks Are Shifting Positive Outlook for Second Half of the Year  Equity Markets Surge in June June was a strong month for equity markets as resolution of the

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Show NotesGuest ProfileTranscriptView All Episodes Congress has passed the SECURE Act 2.0. Among the many retirement plan changes are new catch-up contribution requirements. Alex Koury from Hosler Wealth Management joins Bruce today to explain. As you may know, employees aged 50 and over can make "catch-up" contributions to their plans to save more for retirement. Until 2023, these additional contributionsRead more

How Property Owners Can Limit Taxes with a 1031 Exchange Our team at Hosler Wealth Management focuses on limiting the amount of taxes our clients pay as they approach and enter retirement. One tax-saving tool is the 1031 exchange. Let’s look closer at what it is and how it can help you limit your tax liability. What is a 1031

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Show NotesGuest ProfileTranscriptView All Episodes Upon your passing, your estate could end up in probate. All your affairs will become public record, there can be delays on the paperwork, and there will, of course, be attorneys' fees. Jason Hosler rejoins us today to talk about avoiding probate. First, review all your beneficiary designations for all your bank and brokerage accounts.Read more

Show NotesTranscriptView All Episodes Deciding what to leave to your children - and how to do it - is a challenging topic to bring up. But it's crucially important to take care of this now while you are still able. Some parents want to spend down their life savings and enjoy their retirement. Others pinch every penny so they canRead more

Breaking Down the Benefits of Asset-Based Long-Term Care There’s a *70% chance that married couples over age 65 will have one of the spouses requiring long-term care. In-home, hospice, nursing home, and other related long-term care are costly and can quickly drain a family’s wealth. At Hosler Wealth Management, we work with our clients to use the proper tools and

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