The US Debt Clock – And What It Can Tell You | Ep #37
Bruce Hosler and Jon Gay dive into the financial realities of the United States, focusing on the website USDebtClock.org. This website offers real-time data on national finances, including our ever-increasing national debt. As of this podcast, the U.S. national debt is at about $33.7 trillion, a steep increase from $27 trillion just three years ago.
S&P in 2023 and the ‘Magnificent Seven’ | Ep #36
Bruce and Alex Koury talk about the S&P 500’s present situation and potential future growth, emphasizing the role that specific stocks and more general investment strategies play in these turbulent times.
The Corporate Transparency Act | Ep #35
Bruce and Jason Hosler discuss the Corporate Transparency Act (CTA) implications for small business owners. The CTA, a new regulation set by the Treasury Department’s lesser-known division, The Financial Crimes Enforcement Network (FinCEN), mandates that most small businesses disclose comprehensive information about their beneficial owners. This mandate includes personal and contact details, requiring a new application process starting January 1st, 2024.
Should I Take the Standard Tax Deduction or Itemize?
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 we can provide guidance on the factors that contribute to this decision.
Use the Buckets of Money strategy for retirement income | Ep #34
Bruce Hosler and Jon Gay dive deep into the Buckets of Money strategy for retirement income. Amidst a backdrop of stock market volatility, geopolitical tensions, and inflation, Bruce presents the Buckets of Money strategy as a safeguard against Sequence of Return Risk—a serious risk retirees face when market downturns coincide with the early years of retirement.
What Did You Learn About Money Growing Up? | Ep #33
Bruce discusses the importance of early financial lessons and their lasting impact. Bruce begins client relationships by asking them about their childhood money experiences, highlighting how these early lessons shape our financial behaviors.
Explaining 5 Major Benefits of the Roth 401(k)
Most people are familiar with the traditional 401(k) retirement account. It has become the de facto retirement-saving vehicle for millions of Americans.
ASCPA Converge 2023 Guest Speaker – Bruce Hosler
Donor-Advised Funds (DAFs) are attractive to clients for many reasons. One of the big reasons is that a DAF provides you with the opportunity to add value by guiding the rules of donating highly appreciated assets.
Having a Will is Not a Complete Estate Plan | Ep #32
Bruce Hosler and Jon dive into the crucial topic of why having a will is only a partial estate plan – exploring the significance of beneficiary forms and their power in estate planning.
Switching Social Security Benefits | Ep #31
Bruce and Jason Hosler discuss various aspects of Social Security benefits and switching strategies. They start by explaining the concept of switching benefits, which allows individuals to switch to a new benefit when they become entitled, especially if it is higher than their current benefit.