Please give to those who are less fortunate. Here we will discuss ways to do that while also receiving tax benefits for giving assets that have appreaciated in value over time.

RMDs (Required Minimum Distribtions) are an important component of retirement and tax planning. Once you have attained a certain age, you are required to take specific amounts out of your Traditional IRA account. It is also critical not to miss these deadlines. Otherwise, you may pay a significant tax penalty.

Let's clarify the most common types of investment funds. It's important to understand that there are different types of accounts, and then within those accounts can be various types of investment funds. Here we discuss Mutual Funds versus ETFs (Exchange Traded Funds) versus Index Funds.

Bonds can be an important piece of retiring with confidence. Bond funds had a phenominal run in the 1980s & 1990s as interest rates decreased. Then, as interest rates remained low, there weren't a ton of great opportunities for bond investors. Now, with interest rates rising, we have some excellent opportunities for bond investments, but we must know what we are doing to not be negatively impacted by those rising rates.

Learn the basics about stocks versus bonds. It's important to understand what you are investing in. Then we can determine how to use these investments individually or within a fund (future podcast).

Business owners have access to additional retirement savings accounts. The 401(k) offers the most flexible and robust option to business owners. You can structure it many different ways and provide benefits to your employees as well. The downsides are typically additional costs and complexity. But often the 401(k) remains the best option for growing businesses.

Business owners have access to additional retirement savings accounts. The SIMPLE IRA offers relatively easy way to provide retirement accounts to both the owner and employees.

Business owners have access to additional retirement savings accounts. The Solo 401(k) offers additional flexibility and options to business owners who have no employees (except perhaps their spouse). You can make pre-tax and/or post-tax (Roth) contributions dependent upon what you are trying to achieve for retirement and tax planning.

Business owners have access to additional retirement savings accounts. The SEP IRA is the most straightforward tool available to a business owner with no employees who wants to receive a tax deduction via contribution to a retirement account.

For many, income taxes will be one of the most significant costs during retirement. Roth IRA conversions can be crutial when optimiziming how much tax you pay.

In this episode, we discuss what a conversion is, when it is typically best to do it if you are near or in retirement, and what mistakes to watch out for.