Don Sowa's MoneyTalk

By Cumulus ProvidenceBusiness

Don Sowa's MoneyTalk episodes

May 25, 2023 The Run-Up to Retirement
We tend to refer to the period from age 50 to 65 as the home stretch, where the decisions that you make in preparation for retirement can make or break your ability to meet your long term goals. Donna and Nathan discuss considerations around retirement savings, family needs, and taking stock of your assets and liabilities in the run up to retirement.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/23/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
May 23, 2023 Is the 60/40 Portfolio Dead?
With the fixed income market under pressure from rising rates, some moderate investors are seeking alternatives to bonds for diversification in their 60/40 portfolio. Donna discusses the various types of alternative investments, cautioning investors to be aware of the unique risks they can carry, and offers options for those looking to boost their retirement savings beyond their employer sponsored plan.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 5/22/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
May 22, 2023 Reasons to Use a Corporate Trustee
The process of selecting a trustee can often lead to conflict when family dynamics come into play, which is why more and more people choose to use a corporate trustee to act as an impartial third party to marshal their assets. Steve and Nathan brings on Bob Peixoto, Senior Wealth Manager at Bluestone Bank, to talk about the benefits of using a corporate trustee to assist in the management of your estate plan.

Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®, CIMA®; Guest: Bob Peixoto; Air Date: 5/19/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
May 19, 2023 Employee Stock Options 101
Options trading involves complex and risky strategies that are not appropriate for the average investor, which is why employee stock options that are available to individuals regardless of their investment knowledge tend to generate confusion among those who own them. Nathan explains the mechanics and tax treatment of employee stock options. Also, our MoneyTalk Moment in Financial History covers the history of the United States banking system.

Host: Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/17/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
Options are not suitable for all investors. Typically, commissions are charged for options transactions.
Transaction costs may be significant in multi-leg option strategies, including collars, as they involve
multiple commission charges. Please contact your financial advisor for a copy of the Options Disclosure
Document (ODD).”

An option is the right to buy or sell a specified amount or value of a particular underlying investment at a fixed exercise (or strike) price by exercising the option before its specific expiration date. An option that gives the right to buy is a call option, and an option that gives a right to sell is a put option.

Sowa Financial Group does not provide legal or tax advice. You should consult a legal or tax professional regarding your individual situation.
See omnystudio.com/listener for privacy information.
42 min
May 19, 2023 When the Tax Man Calls
The IRS audit ranks high on the fear scale for many tax payers, but most people don’t really understand how the process works or how to prepare. Donna and Nathan discuss what you can expect if you get flagged for an IRS examination, and the unique rules and features of 457 deferred compensation plans and the mega-back door Roth conversion.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/16/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
32 min
May 19, 2023 The Education Savings Boom
529 education savings accounts have become the most common type of non-retirement savings account used today, and for good reason. Donna discusses the various tax benefits of the 529, answers whether you can and should have a mortgage in retirement, and takes us through some critical life events outside retirement that prompt people to focus on financial planning.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 5/15/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
May 16, 2023 Life Insurance & Taxes
When a loved one passed away it can be the worst time to have to think about money and taxes, but the last thing you want when dealing with emotional trauma is to be faced with unexpected financial burden. Donna and Nathan take a listener question on whether life insurance proceeds are taxable, and share some investment philosophies that have guided investors throughout history.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/11/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
May 16, 2023 How Markets Reflect the Flaws in Human Nature
Behavioral finance has become a focal point for educational finance and professional certification programs, and one key reason is how it informs us about the flaws in our decision making around money. Steve and Nathan describe the built in biases that tend to lead investors astray. Also, our MoneyTalk Moment in Financial History covers the history of asset bubbles through the stories of Tulip Mania and the Japanese Asset Price Bubble.

Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 5/10/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
May 16, 2023 When NOT to Go Roth
Roth IRAs are a fantastic product for a great percentage of retirement savers, but as with most great products, they are not right for everyone. Donna and Nathan discuss some reasons NOT to convert to a Roth IRA, including the upfront tax burden, interference with charitable giving strategies, impact on Medicare premiums or qualified business income, and more.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/9/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
May 16, 2023 Dancing With the Debt Ceiling
If Congress fails to raise the debt ceiling by June 1st, the government will be unable to the meet the country’s financial obligations, and once again a political tug of war has ensued. Donna explains how the debt ceiling works and why we keep finding ourselves at the brink of default. Also, Donna takes listener questions on Fed interest rate manipulation, and some of the more confusing aspects of the social security program.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 5/8/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min