Join Timothy P. Pope, CFP®, in this informative episode of Pilot's Portfolio as he discusses the latest updates and changes in retirement contributions for pilots. Tim discusses the implications of increased contribution limits and how these adjustments can impact your financial planning. Additionally, he shares an IRS provision that bugs him concerning retirement savings. Tim invites listeners to share their feedback, what do you think about the new IRS savings rules?

What You'll learn from this episode:

• Updates to 401k Contributions: Learn about the increased elective deferral limits for 2025, rising to $23,500, and what it means for your retirement planning.
• Non-Elective Contributions Update: Get the latest on non-elective contributions from major carriers like American, Delta, Southwest and United which are set to increase in 2026.
• IRA and Roth IRA Insights: Understand the unchanged contribution limits for IRAs and why many pilots might not benefit from traditional IRA deductions.
• Debating the IRS Provisions: Tim discusses the nuances of the IRS's retirement saving provisions, including the 'super catch-up' contributions for those aged 60-63.
• Health Savings Accounts (HSA) Tips: Updates on HSA contribution limits for 2025 and strategies to maximize the growth of these funds for healthcare expenses.

Resources:
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

This episode is sponsored by: Beacon Relocation

Beacon Relocation is a real estate firm helping pilots and air traffic controllers save money on their real estate transactions. By tapping into their network of over 1500 real estate agents across the country, pilots can save 20% of the real estate agent’s commission towards your closing cost on the sale or purchase of your home. Visit https://www.beaconrelocation.com/ to learn more.

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Welcome to "Pilot's Portfolio" formerly known as the Pilot Money Podcast. 
In our inaugural episode of the new season and under a new banner, Timothy P. Pope, CFP®, reintroduces the show with fresh insights and a renewed focus. As we begin a new year of financial planning for professional pilots, Tim discusses the recent market results, the implications for your investments, and strategies to ensure you're not "falling asleep at the yoke."

What You'll learn from this episode:

• A New Season for Pilot's Portfolio: Discover what's changed and what remains the same in our approach to your financial education.
• Last Year's Market Overview: Analysis of recent market performances and their implications for your investment strategy.
• Navigating Upcoming Financial Challenges: Practical advice on maintaining vigilance with your investment portfolio in changing economic conditions.
• Season Outlook: Preview of what to expect in terms of content, focus areas, and guest appearances throughout the season.
• Engagement and Feedback: How your input shapes our content and the new interactive opportunities this season offers.

Resources:
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

This episode is sponsored by: Beacon Relocation
Beacon Relocation is a real estate firm helping pilots and air traffic controllers save money on their real estate transactions. By tapping into their network of over 1500 real estate agents across the country, pilots can save 20% of the real estate agent’s commission towards your closing cost on the sale or purchase of your home. Visit https://www.beaconrelocation.com/ to learn more. 

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Join Timothy P. Pope, CFP®, as we soar through the most impactful moments of our inaugural season on the Pilot Money Podcast. This special episode compiles the best insights, advice, and discussions from the past year, featuring key financial strategies, listener favorites, and expert tips tailored for pilots. From navigating investments to planning for retirement and beyond, relive the highlights that have equipped our community to tackle their financial challenges with confidence.

Listen to your favorite episodes:

• Apple Podcast: https://podcasts.apple.com/us/podcast/pilot-money-podcast/id1718915375
• Spotify: https://open.spotify.com/show/5p2Tkf16Q9lV693lHV4Zo9

This episode is not just a look back but a springboard into the next season, promising even more valuable content and expert financial guidance for pilots everywhere.

Resources:
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Join Timothy P. Pope, CFP®, as he dives into crucial year-end financial strategies that can significantly impact your financial health. As 2024 draws to a close, Tim emphasizes the importance of making timely decisions that utilize year-end financial opportunities like Roth conversions, tax loss harvesting, and charitable giving. Each of these strategies has specific deadlines and benefits, making them essential considerations for effective tax planning and long-term financial stability.

What You'll learn from this episode:

• Roth Conversions: Understand the urgency in meeting the December 31st deadline if you’re planning to convert for the 2024 tax year.  
• Tax Loss and Gain Harvesting: Learn how to adjust your portfolio to optimize your tax situation, taking advantage of lower income years or offsetting gains with losses.
• Charitable Contributions: Explore how to maximize your charitable giving impact while benefiting from potential tax deductions, including the use of donor-advised funds for those who haven’t yet decided on specific charities.
• End-of-Year Tax Planning: Tips on how to use the remaining time in the year to adjust your financial strategies to lower your tax bill and prepare for the upcoming year.
• Reflecting on Financial Progress: Tim encourages listeners to reflect on their financial achievements and setups for the next year, ensuring readiness for new opportunities and challenges.

This episode is packed with actionable advice that can help you navigate the complexities of financial planning as the year ends, ensuring you're positioned for success in the coming year.

Resources:
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Join Timothy P. Pope, CFP®, as he welcomes NMLS 2498573 Bobby Baker, an experienced aviator and mortgage specialist with Trident Home Loans, to the Pilot Money Podcast. In this episode Bobby shares his dual expertise in aviation and home financing, offering tailored mortgage solutions for pilots. Drawing from his unique background in both the military and commercial aviation, Bobby discusses how pilots can navigate the often-complex landscape of home loans, emphasizing options like VA loans and conventional financing.

What You'll learn from this episode:

• Specialized Home Financing for Pilots: Explore how understanding pilot pay structures and career transitions are crucial in securing the right mortgage.
• VA Loans Explained: Bobby breaks down the benefits of VA loans for qualifying pilots, including no down payment and no private mortgage insurance requirements.
• Investment and Second Home Strategies: Insights into managing property investments, particularly for pilots interested in acquiring second homes or rental properties.
• Navigating Credit and Loans as a Pilot: How pilots can best prepare for mortgage applications and what unique considerations they should be aware of.
• Real Estate as a Long-term Investment: Bobby shares his perspective on the real estate market for pilots, offering advice on buying, selling, and renting properties.

Resources:
Trident Home Loans
Bobby Bake LinkedIn
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Join Timothy P. Pope, CFP®, as he explores what to expect during open enrollment, a key time for pilots to reassess and select their benefits for the upcoming year. As we approach the end of 2024, it's essential to make informed decisions that align with both your immediate needs and long-term financial goals. This episode provides a thorough breakdown of the various benefits available—from health insurance to legal benefits—and how to choose well based on your personal circumstances.

What You'll Learn from This Episode:

• Strategies for Open Enrollment: Tim discusses how to evaluate and select health insurance plans, including the pros and cons of HSAs and FSAs.
• Maximizing Your Benefits: Insights into leveraging employer and union benefits including life insurance and legal aid.
• Special Considerations for Pilots: Specific advice for pilots dealing with unique employment structures and how to optimize benefits accordingly.
• Planning for Life Changes: How to adjust your benefits in response to major life events like marriage, children, divorce or changes in employment.
• Financial Planning Integration: Tips on integrating your benefit choices into your broader financial strategy to enhance security and reduce taxes.

This episode is packed with actionable advice to help pilots navigate open enrollment and make choices that suit their financial needs.

Resources:
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Join Timothy P. Pope, CFP®, in a special crossover episode from his appearance on the "Ready 4 Pushback" podcast, hosted by Nik Fialka, recorded on March 18, 2024. In this episode, Tim shares financial advice for pilots, particularly focusing on veterans transitioning to civilian aviation careers. Tim delves into the nuances of managing finances in such transitions, emphasizing the importance of understanding and maximizing military benefits for a secure financial future.

What You'll learn from this episode:

• Securing Financial Stability in Transition: Strategies for maintaining financial health during the shift from a military to a civilian flying career.
• Maximizing Military Benefits: How to leverage benefits like the Thrift Savings Plan and military pensions to secure your financial future.
• Home Buying Advice for Pilots: Considerations for pilots looking to purchase their next home, taking into account year 1 pay, military retirement, interest rates and VA loan benefits. 
• Healthcare Planning Across Airlines: Tips for navigating healthcare options and planning for varying coverage for your post military career.
• Financial Planning Tools: Introduction to financial planning tools that can aid pilots in making informed financial decisions throughout their careers.

This episode provides a rich discussion that blends expert financial planning advice with practical tips tailored specifically for pilots at various stages of their careers, from active military service to commercial aviation.

Resources:
Ready for Pushback - Spotify | Apple Podcasts
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

In this special episode of the Pilot Money Podcast, Timothy P. Pope, CFP®, focuses on the remarkable efforts of pilots providing disaster relief following Hurricane Helene. As the storm wreaked havoc from Florida to Virginia, causing unprecedented damage and displacement, the pilot community, led by Operation Airdrop, rallied to deliver essential aid to those hardest hit, particularly in Western North Carolina.

Timothy discusses the urgent logistical challenges faced by affected areas, where roads were rendered impassable, leaving many reliant on aerial support. With the help of Operation Airdrop's Executive Director, Alex Clark, and numerous volunteer pilots, essential supplies were flown into isolated communities, demonstrating the critical role of aviation in disaster response.

What You'll learn from this episode:

• Rapid Response Flying: Insights into how pilots can mobilize quickly to provide aid following natural disasters.
• Logistical Coordination in Crisis: The role of planning and coordination in executing effective airdrop operations.
• Impact of Community Effort: Stories of how pilot volunteers are making a tangible difference in the lives of disaster victims.
• Safety and Efficiency in Airdrops: Best practices for pilots involved in disaster relief to ensure safe and efficient delivery of aid.
• How You Can Help: Ways the aviation community and others can contribute to ongoing relief efforts, whether through flying, on-ground support, or donations.

This episode not only highlights the heroism of pilots and volunteers but also underscores the importance of community and skill in times of need.

Resources:
Operation Airdrop: Website | LinkedIn
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Join Timothy P. Pope, CFP®, as he sits down with David Hampson, partner at Schrager Hampson Aviation Insurance Group, to explore the critical aspects of aviation insurance. This episode helps pilot owners understand the nuances of insuring aircraft. From pleasure use to business use corporate jets, and the importance of having the right coverage cannot be overstated. 

David shares his journey from a young aviation enthusiast to a key figure in aviation insurance, merging his passion with professional expertise. The conversation covers a wide range of topics, including the different types of insurance coverage available, the process of securing insurance, and tips for both new and seasoned aircraft owners.

What You'll learn from this episode:
The Basics of Aviation Insurance: Understanding what coverage suits different types of aircraft operations.

• Choosing the Right Insurance Broker: Insights into selecting a broker who specializes in aviation and why it matters.
• The Role of an Insurance Broker in Aviation: How brokers help navigate the relationship between insurance companies, underwriters and the aircraft owner.
• Common Misconceptions in Aviation Insurance: David dispels myths and offers clarity on what pilots and owners often misunderstand about their policies.
• Insurance Tips for Aircraft Owners: Practical advice on what to consider when insuring an aircraft and why it's important to track your airplane's hull value.
• Deductible Plus: Why you may have to cough up some money if you have an insurance claim on your aircraft. 

This episode is packed with valuable information for anyone involved in aviation, from those looking to purchase their first aircraft to seasoned pilots and owners who want to better understand their insurance needs.

Resources:
Schrager Hampson Aviation Insurance Agency
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

In this timely episode of the Pilot Money Podcast, Timothy P. Pope, CFP®, delves into the often-asked question about whether investment strategies should change during an election year. With the U.S. presidential election looming, Tim explores the potential impacts of election outcomes on the financial markets and what investors—particularly pilots—should consider.

Tim addresses common concerns about market uncertainty in election seasons and provides a well-rounded view on why maintaining a steady investment approach might be more beneficial than trying to time the market based on election cycles. The discussion is backed by research and data, aiming to debunk myths and offer clarity to investors feeling uneasy about the electoral influence on their portfolios.

What You'll learn from this episode:

• Election Year Market Myths: Understand common misconceptions about the stock market’s behavior during election years and why they might be misguided.
• Strategic Investment Decisions: Insights into how to make informed investment choices without swaying with political changes.
• The Efficiency of Markets: A deeper look at how markets absorb and reflect available information, including election-related developments.
• Historical Market Performance: Reviewing data from past election cycles to gauge the real impact of elections on market performance.
• Practical Steps for Investors: Regardless of the election outcome, learn actionable steps every investor can take to fortify their investment strategy.

Join Tim as he navigates these complex questions, providing listeners with the knowledge to make confident investment decisions during politically charged times.

Resources:
How  US Stock Have Behaved in an Election Month
How Much Impact Does the President Have on Stocks
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: [email protected]

Timothy Pope is a Certified Financial Planner™. Cetera Investors is a marketing name of Cetera Investment Services. Securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.