In this episode, Logan DeGraeve, CFP®, and Corey Hulstein, CPA, distinguish between reactive tax preparation and proactive forward-looking tax planning . We analyze the IRC §408 implications of the SECURE Act's 10-year rule, which requires non-spouse beneficiaries to liquidate inherited IRAs within a decade, often creating a significant tax burden for heirs in their peak earning years. The discussion covers the "Silo Effect"—the financial danger that occurs when a CPA, attorney, and advisor fail to coordinate—exemplified by families who draft complex trusts but fail to properly title and fund them, leading to unnecessary probate.

_____________________

Educational Tool: Access the Retirement Plan Checklist to benchmark your current 401(k) and Social Security strategy against 2026 inflation.

Topical Deep-Dive: Visit the Modern Wealth Education Center for informative content on withdrawal strategies and tax-efficient retirement planning.

Fiduciary Consultation: To move from education to a personalized financial plan, you can schedule a meeting with our CFP® and CPA team._____________________ Chapters: 00:00 Proactive Tax Planning vs. Reactive Tax Prep 2:40 Relocation and Asset Access in Financial Planning 4:07 2026 Estate Tax Limits: $15M and $30M Exemptions 5:07 The Emotional Side of Inheritance: Helping Heirs Now vs. Later 6:15 Generational Wealth Accounts: Brokerage, Roth IRAs, and 529s 8:00 The Airplane Analogy: Putting Your Own Oxygen Mask On First 11:23 2026 Annual Gift Exclusion Rules: How to Gift Correctly 13:23 Strategic Gifting: How to Transfer $300k+ Annually Tax-Free 17:03 Gifting In-Kind: Leveraging 0% Capital Gains for Grandkids 19:26 Step-up in Basis: The Best Wealth Transfer Strategy? 21:54 The SECURE Act 10-Year Rule and Roth Conversions 23:24 Why Charitable Heirs Should Avoid Roth Conversions 26:11 The Silo Effect: Why Your Professionals Must Coordinate 28:12 Trust Funding Failure: Avoiding the Probate Trap ____________________ Sources: Presented by Corey Holstein, CPA, and Logan DeGraeve of Modern Wealth Management®.

https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2026-including-amendments-from-the-one-big-beautiful-bill https://www.irs.gov/taxtopics/tc703 https://youtu.be/YiI7qjR0fXQ?si=c46LfHzc-cEhGe8b https://www.americanbar.org/groups/real_property_trust_estate/resources/estate-planning/revocable-trusts/

https://youtu.be/bubZLJUdIlI?si=SEZYhTN5iaI_EmR- https://youtu.be/ze1sYnh_VR8?si=Xjvd2ycXS-dO0IUp https://youtu.be/B4mTbCUuFGE?si=tC2B0j6HZggOk45r https://youtu.be/BdM-15mxEDM?si=0jFMRTao3Gbg1dG_ https://youtu.be/n_uePPhiZPE?si=25LMA21TmUe0UyFH https://youtu.be/RmiJyyuhmj0?si=ovZe-AWqhyBjx9yp ______________ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Educational Tool: Access the Retirement Plan Checklist to benchmark your current 401(k) and Social Security strategy against 2026 inflation.

Topical Deep-Dive: Visit the Modern Wealth Education Center for informative content on withdrawal strategies and tax-efficient retirement planning.

Fiduciary Consultation: To move from education to a personalized financial plan, you can schedule a meeting with our CFP® and CPA team.

The 2026 conflict in Iran and the closure of the Straits of Hormuz—a chokepoint for approximately 40% of the world's oil—have pushed energy prices above $100 per barrel, leading the Nasdaq and S&P 500 into correction territory. While the U.S. remains net energy independent, global pricing interconnectedness has triggered a 10% market pullback, requiring retirees to focus on portfolio rebalancing rather than emotional liquidations.

This analysis features Dean Barber, Managing Director at Modern Wealth Management and David Mitchell, Managing Director at AllianceBernstein. We examine potential outcomes of the Iranian conflict, noting that Iran's population of 92 million and its control over global commodity inputs like helium and fertilizer make this vastly different from previous Middle Eastern conflicts. We also discuss the 2026 bear market in tech, citing Microsoft's 27% decline despite stable earnings, and the emergence of tax-exempt municipal bonds with taxable equivalent yields reaching the 7% range.

Sources: Insights provided by David Mitchell of AllianceBernstein and Dean Barber of Modern Wealth Management. This session emphasizes the fiduciary duty to manage portfolios based on stick-to-itiveness and mathematical probability.

https://www.gspublishing.com/content/research/en/reports/2023/09/05/d33a1656-f37e-4661-9111-f6fe593ffa8a.html https://en.wikipedia.org/wiki/Demographics_of_Iran https://www.eia.gov/outlooks/steo/ https://www.investopedia.com/terms/c/correction.asp https://www.eia.gov/international/analysis/special-topics/World_Oil_Transit_Chokepoints https://www.marketwatch.com/investing/index/dxy https://www.morganstanley.com/im/en-us/institutional-investor/insights/articles/potential-gains-in-2026.html https://www.marketplace.org/story/2026/03/30/oil-passed-100-a-barrel-prices-are-expected-to-keep-rising https://www.macrotrends.net/1369/crude-oil-price-history-chart https://www.cnbc.com/2026/03/30/powell-sees-inflation-outlook-in-check-no-wider-crisis-yet-in-private-credit.html https://youtu.be/c7t_H6k2GW8?si=aGiID1fgUpzQ97wl https://www.nasdaq.com/articles/1970s-flashback%3A-history-is-starting-to-rhyme-offering-a-road-map-of-how-to-profit https://finance.yahoo.com/markets/stocks/articles/microsoft-just-had-worst-quarter-113000733.html?guccounter=1 https://www.pewresearch.org/politics/2026/03/25/americans-broadly-disapprove-of-u-s-military-action-in-iran/ https://www.wsj.com/world/middle-east/trump-iran-war-strait-of-hormuz-ee950ad4 https://www.youtube.com/watch?v=y3M7jdSxNY8 https://finance.yahoo.com/news/consumer-spending-has-powered-us-economic-growth-the-iran-war-is-testing-its-resilience-090043647.html?guccounter=1 ______________ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Educational Tool: Access the Retirement Plan Checklist to benchmark your current 401(k) and Social Security strategy against 2026 inflation.

Topical Deep-Dive: Visit the Modern Wealth Education Center for peer-reviewed instructional content on withdrawal strategies and tax-efficient portfolio design.

Fiduciary Consultation: To move from education to a personalized Financial Independence plan, you can Schedule a Meeting with our CFP® and CPA team.

A sustainable retirement income strategy for 2026 involves calculating the "post-retirement cash flow" deficit—the difference between total desired spending and guaranteed income sources like Social Security or pensions . To bridge this gap, retirees should consider utilizing a "three-bucket" framework that organizes assets into safe (1–2 years), moderate (3–7 years), and growth (10+ years) categories to ensure immediate liquidity while protecting against sequence of return risk.

This analysis, featuring Dean Barber and Neal Falkenberry, CFA, details the shift from the near-zero interest rate environment of the previous decade to the 2026 landscape where taxable bonds yield 4–5% and tax-free municipal bonds offer approximately 3.5%. We explore the impact of the One Big Beautiful Bill Act, specifically the senior deduction that allows married couples over 65 with a gross income of $140,000 to qualify for a 0% capital gains rate. Furthermore, we address Medicare IRMAA (Income Related Monthly Adjustment Amount) surcharges, which increase premiums for those with a Modified Adjusted Gross Income (MAGI) exceeding $210,000.

Sources: Presented by Dean Barber and Neal Falkenberry, a Chartered Financial Analyst (CFA) and Managing Director at Modern Wealth Management. This presentation emphasizes the fiduciary standard, providing objective education to combat high-commission financial sales tactics. This content was reviewed by internally to ensure compliance with tax law changes and fiduciary standards.

How Americans are feeling about their finances as they age https://www.pewresearch.org/social-trends/2025/11/06/how-americans-are-feeling-about-their-finances-as-they-age/

Three Major U.S. Stock Indices (1990 -2000): https://www.researchgate.net/figure/Three-Major-US-Stock-Indices-1990-2000_fig2_272661669

Sequence of Returns Risk and Why Timing Matters: https://www.modwm.com/sequence-of-returns-risk-and-why-timing-matters/

2026 Tax Brackets: https://taxfoundation.org/data/all/federal/2026-tax-brackets/

The Great Recession - December 2007-June 2009 https://www.federalreservehistory.org/essays/great-recession-of-200709

Education center: https://bit.ly/4boCDv9

Retirement Plan Checklist: https://bit.ly/47JolTm

Subscribe on YouTube to Catch our Videos: https://www.youtube.com/@AmericasWealthManagementShow?sub_confirmation=1

https://youtu.be/KN5tIHSo3sY?si=I8fyj_cp_uz8sw_o

Sources: https://www.irs.gov/forms-pubs/about-schedule-c-form-1040

https://www.modwm.com/how-filing-for-a-tax-extension-works/

https://www.irs.gov/payments/failure-to-file-penalty

https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty

https://www.fidelity.com/learning-center/smart-money/hsa-contribution-limits

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds

#retirementplanning #taxplanning _______________ Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Education center: https://bit.ly/4sVDeu9

Retirement Plan Checklist: https://bit.ly/4rEy3O9

Subscribe on YouTube to Catch our Videos: https://www.youtube.com/@AmericasWealthManagementShow?sub_confirmation=1

https://youtu.be/ze1sYnh_VR8?si=rss9H5ct9zwmE8Zo https://youtu.be/KN5tIHSo3sY?si=N7w_n2iERZyl-FPy https://youtu.be/sACQi2RIEvQ?si=rL90bf2mKSr4cA00

Sources: https://www.irs.gov/newsroom/check-your-eligibility-for-the-new-enhanced-deduction-for-seniors https://v/learn/story/using-tax-brackets-to-manage-your-taxable-income https://www.irs.gov/newsroom/questions-and-answers-on-the-net-investment-income-tax

https://bipartisanpolicy.org/issue-brief/how-the-new-charitable-deduction-floors-work/

https://www.irs.gov/newsroom/irs-marks-70th-anniversary-of-april-15-tax-filing-deadline

https://www.modwm.com/how-filing-for-a-tax-extension-works/ #retirementplanning #taxplanning _______________ Investment advisory services offered through Modern Wealth Management, LLC, an investment adviser registered with the SEC.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Education Center: https://bit.ly/3N0r4kt

Subscribe on YouTube to Catch our Videos: https://www.youtube.com/@AmericasWealthManagementShow?sub_confirmation=1

https://youtu.be/pHV0kG9xOdc?si=U-p06vNu8QyS1MO1 https://youtu.be/JVOnl_AKQoQ?si=LP8rD2UezYFbjHim https://youtu.be/N8MiXAKTbmc?si=TQSl1xktZ7aHAvLT https://youtu.be/bubZLJUdIlI?si=DEpuC8Hgv-ilMIJh https://youtu.be/pFH4T8TA8WI?si=rYGAB7sPMYuWY9Sj https://youtu.be/SJJGFC-0vkA?si=CYS5fLvCGzHNzhkn https://youtu.be/KN5tIHSo3sY?si=F3l_olMQr9kREH6q https://youtu.be/eEKbnn8svQ8?si=amJI8ppOjB-Jyjls https://youtu.be/ze1sYnh_VR8?si=PN1z6EzJ1HLEU4a-

Sources: How much do I need to retire? https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire

Rightsizing vs. Downsizing: What Are the Differences? https://www.modwm.com/rightsizing-vs-downsizing/

How does medical inflation compare to inflation in the rest of the economy? https://www.healthsystemtracker.org/brief/how-does-medical-inflation-compare-to-inflation-in-the-rest-of-the-economy/ #retirementplanning #retirementgoals _______________ Investment advisory services offered through Modern Wealth Management, LLC, an investment adviser registered with the SEC.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Education center: https://bit.ly/3ONy04K

Subscribe on YouTube to Catch our Videos: https://www.youtube.com/@AmericasWealthManagementShow?sub_confirmation=1 https://youtu.be/SJJGFC-0vkA?si=BYerfilxAOPKkmJc

Sources: https://www.cfp.net/-/media/files/cfp-board/knowledge/reports-and-research/womens-initiative/cfp-board_win_web.pdf

https://www.cfp.net/-/media/files/cfp-board/knowledge/reports-and-rese arch/advancing-women-in-financial-planning-cfp-board-2025.pdf

https://www.cfp.net/industry-insights/reports-and-statistics/professional-demographics

#womeninfinance #financialplanning #jobopportunities _______________ Investment advisory services offered through Modern Wealth Management, LLC, an investment adviser registered with the SEC.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Meet with us: https://bit.ly/4rpVwU1

Education center: https://bit.ly/4aDBfDb

Retirement Plan Checklist: https://bit.ly/40jmYGQ

Subscribe on YouTube to Catch our Videos: https://www.youtube.com/@AmericasWealthManagementShow?sub_confirmation=1 https://youtu.be/RkUQah73S_Q?si=-TVrmVdsQyKDTeax https://youtu.be/bubZLJUdIlI?si=iCwt6KFZ9IFLruMa https://youtu.be/Ll3G37cCZMI?si=wwmst7BNE2UGSlyi https://youtu.be/uUL3Q1VbkRc?si=qJSM4Cv2keUmcvwm https://youtu.be/6UcLAmM6wtI?si=AmkJSYPLLMlqoPhL

Sources: https://www.modwm.com/gray-divorce-and-its-financial-impact/

https://pmc.ncbi.nlm.nih.gov/articles/PMC5279946/

https://newsroom.fidelity.com/pressreleases/love---money--most-couples-give-themselves-high-marks-in-communication--yet-fidelity-study-reveals-h/s/c15df94d-f289-4d2d-bb10-85424c803f8e

https://www.bgsu.edu/ncfmr/resources/data/family-profiles/allred-gray-divorce-rate-geo-var-2017-fp-19-20.html

https://www.modwm.com/retirement-plan-checklist/

#Investments #FinancialPlanning #WealthManagement _______________ Investment advisory services offered through Modern Wealth Management, LLC, an investment adviser registered with the SEC.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Meet with us: https://bit.ly/4tjvl2m

Ed center: https://bit.ly/4rxbQlt

Retirement checklist: https://bit.ly/46vMaNM

Subscribe on YouTube to Catch our Videos: https://www.youtube.com/@AmericasWealthManagementShow?sub_confirmation=1

https://youtu.be/3Yn_m-k9Rk0 https://youtu.be/lSy5ggQWmn8 https://youtu.be/2eU3mv_rmr0 https://youtu.be/hN42aRqv-1g

Sources: https://www.ada.gov/topics/intro-to-ada/ https://www.westernsouthern.com/life-insurance/what-is-a-critical-illness-rider https://www.cancer.gov/publications/dictionaries/cancer-terms/def/medical-power-of-attorney https://www.aarp.org/caregiving/basics/memory-care-alzheimers-dementia/ https://www.investopedia.com/terms/s/sequence-risk.asp https://www.modwm.com/sequence-of-returns-risk-and-why-timing-matters/

#Investments #FinancialPlanning #WealthManagement _______________ Investment advisory services offered through Modern Wealth Management, LLC, an investment adviser registered with the SEC.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

Education Center: https://bit.ly/4aQZv6x

Meet with Us: https://bit.ly/3LDIMtb

Retirement Checklist: https://bit.ly/3NadURD

Subscribe on YouTube to Catch our Videos: https://www.youtube.com/@AmericasWealthManagementShow?sub_confirmation=1 5 Stealth Taxes To Watch Out For https://youtu.be/RCr6BLuG3qY What Are The Tax Benefits of Charitable Donations? https://youtu.be/RmiJyyuhmj0 Roth Conversion Strategies Under the Big Beautiful Bill https://youtu.be/hQRWwtbY_dE IRA RMD Requirements https://youtu.be/DF13FV4EhCU The Impact of the One Big Beautiful Bill on Your Retirement https://youtu.be/ze1sYnh_VR8

Sources: https://www.modwm.com/catch-up-contributions-for-your-retirement-plan/ https://www.modwm.com/2026-401k-and-ira-contribution-limits/ https://www.ssa.gov/forms/ssa-44.pdf https://www.modwm.com/donor-advised-funds/ https://www.modwm.com/2026-tax-brackets/

_______________ Investment advisory services offered through Modern Wealth Management, LLC, an investment adviser registered with the SEC.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.