In this episode of Assets and Taxes, CFP's Peter Doherty, and Kaelan Fitzpatrick go through each step that one must go through in order to build a financial plan. They dive into the three different pillars, Liquidity, Protection, and Growth. What are some different ways to eliminate taxes? How do you allocate your assets? What's the right amount for emergency savings? They answer all that and more in this episode.

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Is SECURE 3.0 coming? Join us as Asset Strategy's Director of Retirement Tim Black and American Funds Senior Retirement Specialist John Doyle break down all things in the retirement landscape.

DOWNLOAD OUR FREE FINANCIAL GUIDES:

(0:00) Introduction

In this episode of 'Assets and Taxes' financial professional, David O'Brien CFP®, CAIA®, is joined by special guest Jeff Murphy CFA, Market Leader at Invesco.

In this episode of 'Assets and Taxes' financial professionals, Kent Fitzpatrick AIFA®, GFS®, CBFA, and Peter Doherty MBA, CEXP, CFP®, analyze Donald Trump and Kamala Harris' tax policies in this video. Learn how their tax plans could impact your finances.

DOWNLOAD OUR FREE FINANCIAL DATA GUIDE: https://mailchi.mp/assetstrategy/maximizing-social-security-guide

BOOK A DISCOVERY CALL WITH US: https://assetstrategy.com/contact/#AS_Discovery_Call

Contact Kent: [email protected]

Contact Peter: [email protected]

(0:00) Introduction

(1:10) Podcast Start

(2:13) Tax Cuts and Jobs Act Expirations

(12:12) Individual Taxes

(13:20) Capital Gains

(15:34) Small Businesses

(17:28) Corporate Taxes

(18:39) Social Security

(19:53) Housing

(21:40) Tariffs

(22:37) 1031 Exchange

(24:50) Kamala Harris Pros and Cons

(27:30) Donald Trump Pros and Cons

(29:20) Conclusion

#donaldtrump #kamalaharris #taxes

Welcome to the second episode of "Assets & Taxes"

Welcome to the first episode of "Assets & Taxes"

In this podcast, we dive into the dynamic world of financial planning, tax strategies, investment, and retirement ideas!

Think of assets and taxes as the yin and yang of your financial journey – you want your assets to grow and your taxes to shrink.

Whether you’re an individual looking to maximize your wealth or a small-mid sized business owner navigating complex financial landscapes, our podcast brings you timely discussions, expert interviews, and actionable ideas and strategies.

Join us as we explore how to make your money work harder, keep more of what you earn, and have a little fun along the way.

In this episode, Asset Strategy Managing Director and Senior Financial Consultant Kent Fitzpatrick, AIFA®, GFS®, CBFA sits down with Asset Strategy Senior Financial Consultant David O’Brien, CFP®, CAIA® to talk about everything you need to know about the implications taxes have in your retirement.

They discussed ERISA, 401k plans, IRAs, Social Security and Medicare, Roth IRA Conversion Strategies, Tax-Smart Distribution Strategies, Legacy and Estate Planning, and Qualified Charitable Distributions.

BOOK A FREE DISCOVERY CALL WITH US: ⁠https://assetstrategy.com/contact/#AS_Discovery_Call⁠

WHERE TO FIND US: ⁠https://linktr.ee/assetstrategy⁠

(00:16) A Brief Overview of Asset Strategy

(01:34) What You Can Expect With Assets & Taxes

(02:15) What Will Be Discussed In This Episode

(03:11) Episode Start

(07:27) What Should Retirees Be Thinking About

(09:00) Differences between a Roth IRA and Traditional IRA

(10:25) IRA Contribution Example

(12:06) What is a Backdoor Roth Conversion?

(13:15) What are the 401(k) limits and what the pre and post tax options are

(15:40) What is IRMAA and how to deduct taxes from it

(18:27) How to do a partial conversion

(20:05) What are the seven tax brackets?

(22:20) SECURE 2.0 Act Changes

(23:20) The Estate Tax

(25:20) Qualified Charitable Distributions

(27:00) Wrap-Up

Because investor situations and objectives vary this information is not intended to indicate suitability or a

This is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. Please consult the appropriate professional regarding your individual circumstance.

Advisory Services are offered through Asset Strategy Advisors, LLC (ASA), an-SEC Registered Investment Advisor. Securities offered through registered representatives of Concorde Investment Services, LLC (CIS), member of FINRA/SIPC. Insurance Services offered through Asset Strategy Financial Group, Inc. (ASFG). ASA, CIS, and ASFG are independent of each other.

Kent A. Fitzpatrick, AIFA®, GFS®, CBFA is an Accredited Investment Fiduciary Analyst™ from the Center for Fiduciary Studies, a Global Financial Steward and a Certified Behavioral Finance Analyst. In this podcast, Kent discusses Asset Strategy's 2022 Annual Market Review!

Kent A. Fitzpatrick, AIFA®, GFS®, CBFA is an Accredited Investment Fiduciary Analyst™ from the Center for Fiduciary Studies, a Global Financial Steward, and a Certified Behavioral Finance Analyst. In this podcast, Kent discusses Asset Strategy's 2023 First Quarter Market Review!

Featuring: Managing Director of Asset Strategy Kent Fitzpatrick AIFA®️, GFS®️, CBFA, CEO of Boston Pads Demetrios Salpoglou, President of SPOA Allison Drescher, and Vice President of SPOA Amir Shahsavari

Advisory services are offered through Asset Strategy Advisors, LLC (ASA), an SEC-registered investment adviser. Insurance services are offered through Asset Strategy Financial Group, Inc. (ASFG). CIS, ASA, and ASFG are separate companies, all of which are independent of Anchor, Google Podcast, Spotify, & iTunes.

The April 2023 issue of MoneyLetter explores the questions that are facing the economy and investors, and how the markets are forging ahead despite the uncertainty. You’ll also find a step-by-step explanation of Dollar Cost Averaging, a sensible strategy for volatile times. These two feature stories are recorded by MoneyLetter’s publisher Brian Kelly. Listen now!