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.
529 Plan Update for 2023 | Ep #29
Bruce and Jon dive into a comprehensive discussion about the intricacies and nuances of 529 plans. These plans, designed to aid in saving for educational expenses, offer a range of benefits that extend beyond traditional college savings.
Stop Contributing to IRAs and 401Ks | Ep #28
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 Street Journal and USA Today.
Should I Take the Standard Deduction or Itemize? | Ep #26
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.
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 We Mean When We Talk About a Tax-Free Retirement
We’re passionate about building a tax-free future for our clients.
Yes, tax free.
Most people like the sound of “tax free,” but what do we mean when we talk about creating a tax-free retirement? And how do we work to make that happen?
Income Taxes in 2023 | Ep #22
Bruce’s goal is always to move clients to “tax-free” vehicles, meaning repositioning or converting taxable and tax-deferred assets to tax-free vehicles like Roth IRA and 401(k) plans, life insurance retirement plans, and more.
The Roth 401(k) | Ep #21
You may be familiar with a traditional 401(k) retirement plan, but today Bruce will explain how a Roth 401(k) works, how it’s different, and the benefits associated with it.
Your Annual Gift Tax Exclusion | Ep #18
The Annual Gift Tax exclusion amount is increasing from $16,000 to $17,000 in 2023. Today, Bruce and Jon explain the importance of this, and why these rules can have significant financial ramifications for years to come – not just for you, but for your heirs as well.
Arizona Tax Credits | Ep #17
Show Notes Transcript All Podcast Episodes For our listeners in Arizona, the state offers four great ways to receive tax credits on your state return. This is a tax credit, not a tax deduction, and Bruce starts today’s episode by explaining the significant difference between the two. We then break down each of the four possible credits: Private […]