Social Security, Tax Deductions, and 401(k) Advice: Q&A #2035
August 29, 2020
Jim and Chris discuss listeners’ questions relating to Social Security, standard tax deductions as a result of the CARES Act, and 401(k) advice for a younger investor. (5:45) A listener from New Jersey wonders what happens to employer Social Security contributions when the employee has maxed out their Social Security with a different employer. (17:45) George from Kentucky asks about...
Listen NowRoth Conversions, Tax Brackets, and General Tax Advice: Q&A #2029
July 18, 2020
Chris is joined by our resident tax expert and CPA, Bob Palechek to discuss Roth conversions, tax brackets, and other general tax questions. (4:25) An Arizonian wonders if 401k contributions count as earned income for the purposes of Roth contributions. (10:50) A listener from Connecticut asks how much he can convert from a 401k to his Roth IRA while still staying below the 24% tax bracket....
Listen NowUtilizing Trusts to Reduce the Impact of Taxes: EDU #2028
July 15, 2020
Jim and Chris are joined by our resident tax expert and CPA, Bob Palechek, as well as estate and tax planning attorney, Peter Scott to discuss the various ways in which trusts can be utilized to reduce the impact of taxes. https://media.blubrry.com/the_retirement_and_ira_show/s3.amazonaws.com/TheRetirementandIRAShow/RAIRA-Show-EDU-Y20E28.mp3 Podcast: Play in new window | Download (Duration:...
Listen NowCharitable Gift Annuities: EDU #2009
March 4, 2020
CPA Bob Palechek joins Chris again today to discuss a topic mentioned in a listener’s email: charitable gift annuities. In particular they dive into three issues about charitable gift annuities: When might they fit into a retirement income plan? How does their income stream compare to other annuities like SPIAs? The pros and cons of their tax planning opportunities, or any downsides in...
Listen NowTax-Planning Windows, Bucketing, and Variable Annuities: Q&A #2004
January 25, 2020
With just three questions today, Jim and Chris discuss tax-planning windows, bucketing, and variable annuities. (6:06) Georgette from Georgia asks how she can place herself in the best position for the tax-planning window. (23:40) A Californian would like to know how Jim’s implementation of bucketing is different from plain asset allocation. (44:00) Another financial planner reaches out to...
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