Tag: Retirement Planning
#16 | The 1031 Tax-Free Exchange
Show NotesTranscriptView All Episodes A 1031 exchange refers to the section of the internal revenue code section that allows property owners to take the proceeds of a sale of real estate and reinvest those same proceeds into another property without recognizing a capital gain and without having to pay the taxes on the same. Instead, they get to defer theRead more
Avoiding IRA Beneficiary Mistakes with the new IRA RMD Regulations
Avoiding IRA Beneficiary Mistakes with the new IRA RMD Regulations By Bruce Hosler EA, CFP®, CPWA®, AIF®, CEPA® The IRS released 275 pages of changes in RMD (Required Minimum Distributions) in February of 2022. These are proposed regulations, but most of them are expected to be approved and become final regulations. I have focused on sorting through all the regulationsRead more
#14 | Controlling the Controllables
Show NotesTranscriptView All Episodes There are so many uncertainties in today's world - everything from war, to the remnants of a pandemic, to the political turmoil we currently see in our country. And economically, we've seen supply chain and worker shortages, and a stock market that's been down anywhere from 16-22% in 2022. Often when circumstances are beyond ourRead more
#13 | Qualified Charitable Distributions or QCDs
Show NotesTranscriptView All Episodes For IRA owners that are charitably inclined, a Qualified Charitable Distribution, or QCD, can be an incredibly useful tool. Today, Bruce Hosler of Hosler Wealth Management explains the rules around QCD's, including who is eligible to make them, which organizations are eligible to receive them, which accounts can be used, and some very common pitfalls toRead more
#12 | Asset-Based Long-Term Care Insurance (LTC)
Show NotesTranscriptView All Episodes Asset-based long-term care insurance is something Bruce Hosler and the team at Hosler Wealth Management work on frequently for our clients. Traditional long-term care will require you to pay a premium until you go on claim, and rates can often change. However, asset-based long-term care premiums are paid with assets; therefore, they can't raise the premiumRead more
#10 | IRA & 401K accounts are no longer good wealth transfer tools
Show NotesTranscriptView All Episodes n the last episode, Bruce Hosler and Jag spoke about the SECURE Act, passed in 2019, and its effects on inherited and stretch IRAs. Today, we dive deeper into why traditional IRAs and 401ks are no longer good wealth transfer tools. Ideally, you want to minimize both your tax burden and the burden of your heirs. AndRead more
#9 | Why You Need to Update Your IRA Beneficiary Forms
Show NotesTranscriptView All Episodes In 2019, the US Government passed the SECURE Act, and one of the most significant ramifications was on what's known as the stretch IRA. Many people who inherit an IRA, now have a ten-year window to withdraw those funds. Previously there was no time restraint. There are five classes of individuals who have a different rulebookRead more
#8 | What Are We Protecting Wealth FROM?
Show NotesTranscriptView All Episodes The name of our podcast is "Protecting and Preserving Wealth." But what exactly are we protecting our wealth from? Today, Bruce Hosler of Hosler Wealth Management sits down with Jon Gay to explain: Taxes Inflation Financial and Estate Planning Mistakes Client Mistakes Poor Investment Management Bruce explains how he and his team are uniquely qualified to helpRead more
#7 | The 5-year Rule With Roth IRAs and Roth 401Ks
Show NotesTranscriptView All Episodes Today, Bruce Hosler of Hosler Wealth Management sits down with Jon Gay to talk about the "5-year rule" regarding Roth IRA and Roth 401K accounts. These rules are in place to encourage investors not to withdraw from their Roth accounts before age 59 1/2. And if these rules aren't followed, they can result in stiff taxRead more
#5 | Convert Your IRA to a Roth IRA on a Market Dip
Show NotesTranscriptView All Episodes Today, Bruce Hosler of Hosler Wealth Management talks about converting your IRA into a Roth IRA, and why a market dip is a good time to do so. First, Bruce and Jon go over requirements for these conversions, such as deadlines and how required minimum distributions, or RMD's, come into play. When markets are down, stocksRead more
