Tag: Wealth Management
4
Aug
Avoid These 7 Common Estate Planning Mistakes
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
8
Jul
How Property Owners Can Limit Taxes with a 1031 Exchange
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
5
Jun
Explaining the Benefits of Asset-Based Long-Term Care
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
#21 | The Roth 401(k)
Show NotesTranscriptView All Episodes You may be familiar with a traditional 401(k) retirement plan, but today Bruce Hosler of Hosler Wealth Management will explain how a Roth 401(k) works, how it's different, and the benefits associated with it. In a traditional 401(k), the contributed funds are tax-deferred. Participants don't pay taxes on the way in; that money doesn't count towardRead more
3
Apr
What is the Roth IRA 5-Year Rule?
What Is the Roth IRA 5-Year Rule & How Does It Affect My Retirement Planning? We’re big fans of the Roth IRA at Hosler Wealth Management. It’s one of the key vehicles we use to help our clients build a tax-free retirement. The Roth IRA is an amazing tool, but much like other retirement vehicles, it’s not without certain regulations
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
#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
#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
#1 | What Does Tax-Free Mean?
Show NotesTranscriptView All Episodes In our first episode, Bruce Hosler of Hosler Wealth Management sits down with co-host Jon Gay to explain the term "tax-free." What does it really mean? When you're looking at retirement income, you don't want that income to be taxed at the federal or state level. Furthermore, you don't want it to count as provisional incomeRead more
Trailer | The Protecting And Preserving Wealth Podcast
Show NotesTranscriptView All Episodes Hosler Wealth Management consists of tax accountants, financial planners, and investment advisors. The benefit to our clients is it's all together combined in one office. We started the podcast because a number of clients have questions, and this is a way for us to give them a venue to listen to different answers on all theRead more
