Retirement Planning Education, with Andy Panko

By Andy Panko

What's Retirement Planning Education, with Andy Panko about?

Teaching you all about IRAs & Roth IRAs, employer retirement plans, taxes, Social Security, Medicare, portfolio withdrawal strategies, annuities, estate planning and much more!

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Retirement Planning Education, with Andy Panko episodes:

05.02.2024
#097 – Inherited IRA Required Minimum Distribution ("RMD") rules
Explanation of the Required Minimum Distribution ("RMD") rules for inherited IRAs Links in this episode:The IRS's Single Life Expectancy TableCharles Schwab's Inherited IRA Withdrawal Rules Tenon Financial monthly e-newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube...
04.25.2024
#096 - Q&A edition...US government debt concerns, Health Savings Accounts, how to estimate taxes and MORE!
Listener Q&A; where Andy talks about: Am I concerned about the increasing amount of US government debt, and how do I think it will impact retirees' investments ( 1:32 )Are there any custodians that offer Roth versions of SEP IRAs (...
04.18.2024
#095 – Retirement planning chat with a "real" person, Judy Ocaya
Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Judy Ocaya, who lives in California and retired in 2019. They talk about a wide array of retirement planning topics...
04.11.2024
#094 – Retirement planner chat, with David and Mary Oransky from Laminar Wealth
Andy chats with fellow retirement planners Devin Oransky and Mary Oransky, from Laminar Wealth. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to...
04.04.2024
#093 – Advisory fees...the good, the bad, the ugly
Discussion of the different ways in which advisory firms charge fees, why the percentage of assets under management fee is illogical and unfair, and what alternate fee structures may be less illogical and less unfair Links in this episode:FINRA's BrokerCheck -...
03.28.2024
#092 - Q&A edition...determining state tax residency, tax underpayment penalties and MORE!
Listener Q&A; where Andy talks about: How to establish tax residence in a new state, and how to leave tax residence in your old stateCarrying over capital loss deductionsMinimizing or eliminating underpayment interest penalties by "annualizing" income using Form 2210When in...
03.21.2024
#091 – Retirement planning chat with a "real" person, Tom Santi
Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Tom Santi, who lives in Florida and is currently in a part-time/transitional work phase leading toward retirement. They talk about...
03.14.2024
#090 – Retirement planner chat, with Devin Carroll from Carroll Advisory Group
Andy chats with fellow retirement planner Devin Carroll, from Carroll Advisory Group. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to know when...
03.07.2024
#089 – Understanding the S&P 500 index and why it's NOT the right benchmark for your portfolio
Explanation of what the S&P; 500 index is, what it measures, how it works and why it's NOT the right benchmark to use for your portfolio and it's returns Links in this episode:Portfolio Visualizer website - hereTenon Financial monthly e-newsletter -...
02.29.2024
#088 – Retirement planning considerations for women, with Laura Adams
Andy talks with Laura Adams, author and host of the The Money Girl podcast, about retirement planning considerations and issues unique to women Links in this episode:Laura's website - https://lauradadams.com/Laura's podcast - The Money GirlLaura's newsletter - The Money Stack Tenon Financial...
02.22.2024
#087 - Q&A edition...tax return filing statuses, advisor succession plans and MORE!
Listener Q&A; where Andy talks about: The summary of the five different tax return filing statusesWhether a particular listener could file as Head of Household for his 22 year-old son in collegeHow to get the 1099-INT form if you sold any...
02.15.2024
#086 – Retirement planning chat with a "real" person, Bill Stevenson
Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with Bill Stevenson, a married military retiree currently living in Hawaii. They talk about a wide array of retirement planning topics...
02.08.2024
#085 – Retirement planner chat, with Brian Tegtmeyer from Truly Prosper Financial Planning
Andy chats with fellow retirement planner Brian Tegtmeyer, CFP®, from Truly Prosper Financial Planning. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to...
02.01.2024
#084 – Understanding Target Date Retirement Funds
Explanation of target date retirement funds and how they work, what their fees are, when they can make sense, pros and cons, etc. Links in this episode:Episode #060 of the Retirement Planning Education podcast about mutual fundsTenon Financial monthly e-newsletter -...
01.25.2024
#083 - Q&A edition...Solo 401(k)s, tax gain harvesting, bonds vs bond funds and MORE!
Listener Q&A; where Andy talks about: For those who have solo 401(k) plans, when having to file Form 5500EZ is requiredWhat's tax gain harvesting and when it's beneficialHow to select between online banks that offer high yield savings accountsBonds vs bonds...
01.18.2024
#082 – Retirement planning chat with a "real" person, David Folts
Andy chats with a real person (not an advisor) doing their own retirement planning. In this episode, Andy talks with David Folts, a married retiree in Ohio. They talk about a wide array of retirement planning topics such as when...
01.11.2024
#081 – Retirement planner chat, with Larry Pershing from Optimum Retirement Planning
Andy chats with fellow retirement planner Larry Pershing, CFP®, RMA® from Optimum Retirement Planning. In this episode they talk about a wide array of retirement planning topics such as tax planning, distribution strategies, investing, annuities, long-term care insurance, how to...
01.04.2024
#080 – How to lower your taxes in 2024
Summary of the December 29, 2023 The Wall Street Journal article, To Lower Your Taxes in 2024, Make These Moves Now. The article gives a handful of tips on how to reduce your taxes (not actually just in 2024; the...
12.21.2023
Retirement Planning Education is coming back!
You read that right...the Retirement Planning Education podcast is BACK! :-) New weekly episodes will begin Thursday, January 4th 2024. Be there or be square. Links in this episode:Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement...
06.22.2023
Retirement Planning Education is going on hiatus
Retirement Planning Education is going on hiatus. But hopefully I'll be back at making episodes again in the not too distant future! -Andy Links in this episode: The Retirement & IRA Show - https://www.theretirementandirashow.com/ Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube...
06.15.2023
#079 – The non-financial or “softer” side of retirement planning, with Kevin Lyles (Part 2 of 2)
Part 2 of 2 of my discussion with retirement coach Kevin Lyles where he shares his knowledge of planning for the “softer” side of retirement readiness through discussions about having meaning, purpose, fulfillment, etc. (original recording was from January 13...
06.08.2023
#078 – The non-financial or “softer” side of retirement planning, with Kevin Lyles (Part 1 of 2)
Part 1 of 2 of my discussion with retirement coach Kevin Lyles where he shares his knowledge of planning for the “softer” side of retirement through discussions about meaning, purpose, fulfillment, etc. (original recording was from January 13 2021) Links in...
06.01.2023
#077 - Understanding cash value life insurance and how it's sold, with Kevin Lao
Andy and Kevin Lao from Imagine Financial Security discuss when cash value (aka permanent) life insurance may be appropriate, and what to know about the sales processes around such products Links in this episode:Kevin's firm, Imagine Financial Security - https://imaginefinancialsecurity.com/Kevin's podcast,...
05.25.2023
#076 - What exactly is "Financial Planning?"
Explanation of what financial planning is (and isn't) Links in this episode:www.adviceonlynetwork.com www.napfa.orgwww.feeonlynetwork.comwww.garrettplanningnetwork.comwww.xyplanningnetwork.com Retirement Planning Education podcast episode #015 - What do all of the letters mean after financial advisors' namesRetirement Planning Education podcast episode #053 - What is tax planning Facebook group -...
05.18.2023
#075 - Qualified Charitable Distributions ("QCDs")
Explanation of what Qualified Charitable Distributions ("QCDs") are and why they're the most tax-efficient way to donate cash Links in this episode:Retirement Planning Education podcast episode #051 - Introductory overview of the federal income tax system Facebook group - Retirement Planning Education...
05.11.2023
#074 - How to break up with your financial advisor
Explanation of the process for how to part ways with your financial advisor Links in this episode:Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com
05.04.2023
#073 - What does it actually mean to be a "fiduciary," and does it matter?
Explanation of what it means to be a fiduciary and why that term has become a marketing buzzword Links in this episode:Boomer Benefits website - https://www.BoomerBenefits.com FINRA BrokerCheck - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement...
04.27.2023
#072 - The benefit of "step up in basis"
Explanation of "step up in basis" and how it can make unrealized taxable gains magically disappear when leaving property to heirs Links in this episode: Boomer Benefits Facebook group page - https://www.facebook.com/groups/508122746351903 Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel...
04.20.2023
#071 - Understanding the $250k or $500k gain exclusion on selling your primary residence
Summary of the "Section 121" exclusion of up to $500k of gain on selling your primary residence Links in this episode:Boomer Benefits website - https://www.BoomerBenefits.com IRS Publication 523 - here My podcast about the Net Investment Income Tax - here Facebook group - Retirement...
04.13.2023
#070 - Q&A edition...dividend reinvestment, gifting stocks, Social Security survivor benefits and MORE!
Listener Q&A; where Andy talks about: Whether or not to reinvest dividends when in retirementCapital gain exclusion when selling a primary residence, and the "step up in basis" when leaving a primary residence to heirs How the Social Security "earnings test" impacts...
04.06.2023
#069 - Highlights of the 2023 Social Security Trustees Report
Summary of the key takeaways from the 2023 Social Security Trustees Report Links in this episode:Boomer Benefits website - https://www.BoomerBenefits.com SSA press release about the 2023 Trustees report, with link to the full report - https://www.ssa.gov/news/press/releases/2023/#3-2023-3 Facebook group - Retirement Planning Education (formerly...
03.30.2023
#068 - What happens to my investments if my broker goes under?
Explanation of what happens to investments when a broker fails, and why that is a very different (and generally better) scenario for clients than a bank failing Links in this episode:Boomer Benefits Facebook group page - https://www.facebook.com/groups/508122746351903 Schwab's CEO, Walt Bettinger, on...
03.23.2023
#067 - Why are banks failing and should we be concerned about more failures?
Discussion of the basics of the U.S.'s monetary and banking systems, and why there have recently been multiple bank failures. And, should we be concerned about the broader banking system and more failures going forward? Links in this episode:Boomer Benefits website...
03.16.2023
#066 - Common tax forms retirees get at tax return time
Summary of the various tax forms retirees are likely to receive at tax return time. Discusses 1099s, 5498's, 1095's and more! Links in this episode:Boomer Benefits Facebook group - https://www.facebook.com/groups/BoomerBenefits Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel -...
03.09.2023
#065 - 7 Social Security myths, with Devin Carroll (Part 2 of 2)
Part 2 of 2 of my discussion with Social Security expert, Devin Carroll, where he debunks 7 common Social Security myths (original recording was from December 2020) Links in this episode:Devin's YouTube channel - https://www.youtube.com/@DevinCarrollDevin's blog - https://www.socialsecurityintelligence.com/Devin's Facebook group -...
03.02.2023
#064 - 7 Social Security myths, with Devin Carroll (Part 1 of 2)
Part 1 of 2 of my discussion with Social Security expert, Devin Carroll, where he debunks 7 common Social Security myths (original recording was from December 2020) Links in this episode:Devin's YouTube channel - https://www.youtube.com/@DevinCarrollDevin's blog - https://www.socialsecurityintelligence.com/Devin's Facebook group -...
02.23.2023
#063 - Q&A edition...401(k)s & Highly Compensated Employees, interest rates & Social Security, inherited 401(k) distributions and MORE!
Listener Q&A; where Andy talks about: When Highly Compensated Employees may need to retroactively have some of their 401(k) contributions removedHow changes in interest rates and inflation impact Social Security benefits Required Minimum Distributions (“RMDs”) from a 401(k) inherited in 2006 The difference...
02.16.2023
#062 - Introduction to Investing (Part 6 of 6) - Creating and managing your portfolio
Part 6 of 6 of a multi-part series on an introduction to investing. In this episode, Andy talks about how to create and manage your portfolio including what to consider when picking an asset allocation, how often to rebalance and...
02.09.2023
#061 - Introduction to Investing (Part 5 of 6) - Cash and alternative investments
Part 5 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about the various places in which cash can be invested, as well gives a summary of multiple types of "alternative" investments such...
02.02.2023
#060 - Introduction to Investing (Part 4 of 6) - All about mutual funds and exchange traded funds ("ETFs")
Part 4 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about mutual funds and exchange traded funds ("ETFs"); what they are, what strategies they use, how to trade them, how they're valued,...
01.26.2023
#059 - Introduction to Investing (Part 3 of 6) - All about bonds
Part 3 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about bonds; what they are, how to trade them, how to value them, what makes their prices change, what terminology to know,...
01.19.2023
#058 - Introduction to Investing (Part 2 of 6) - All about stocks
Part 2 of 6 of a multi-part series on an introduction to investing. In this episode Andy talks about stocks; what they are, how to buy and sell them, how to value them, what terminology to know, etc. Links in this...
01.12.2023
#057 - Introduction to Investing (Part 1 of 6) - Background considerations and explanation of account types
Part 1 of 6 of an introduction to investing. This episode talks about some background considerations to investing, such as risk-reward trade off and the concepts of risk tolerance & capacity, and also gives an overview of the different types...
01.05.2023
#056 - New RMD rules and other retirement planning changes in SECURE 2.0 Act of 2022
Summary of the provisions of the recently enacted SECURE 2.0 Act of 2022 legislation that are most likely to impact you and your retirement planning Links in this episode:Full text of SECURE 2.0 Act of 2022 (starts on page 817) -...
12.29.2022
#055 - Financial planning and divorce, with Amy Colton (Part 2 of 2)
Part 2 of 2 of my discussion with Amy Colton, MBA, CDFA, founder of Your Divorce Made Simple, to talk about financial planning considerations specific to divorce (original recording was from November 2021) Links in this episode:Amy's website - www.YourDivorceMadeSimple.comFacebook group...
12.22.2022
#054 - Financial planning and divorce, with Amy Colton (Part 1 of 2)
Part 1 of 2 of my discussion with Amy Colton, MBA, CDFA, founder of Your Divorce Made Simple, to talk about financial planning considerations specific to divorce (original recording was from November 2021) Links in this episode:Amy's website - www.YourDivorceMadeSimple.comFacebook group...
12.15.2022
#053 - What is tax planning?
Explanation of what tax planning is, and isn't. Andy discusses the typical types of services and advice that make up tax planning within retirement planning Links in this episode:Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement...
12.08.2022
#052 - Q&A edition...457(b) plans, Roth 401(k) conversions, wash sales, Treasury notes and MORE!
Listener Q&A; where Andy talks about:The differences between governmental and non-governmental (aka “tax-exempt”) 457(b) plansWhen Roth 401(k) conversions can be accessed without tax or penaltyWhether certain mutual fund sales and purchases will constitute a wash saleWhether it’s better to purchase...
12.01.2022
#051 - Introductory overview of the Federal income tax system
Explanation of the basic structure of the U.S. Federal income tax system Links in this episode:YouTube video - Overview of Federal Income TaxationYouTube video - Estimated Taxes, Tax Withholdings and Underpayment PenaltiesFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube...
11.24.2022
#050 - What I'm thankful for (from a retirement planning perspective)
Andy discusses what he's thankful for with regards to his career in retirement planning, and more broadly about retirement planning in general Links in this episode:Facebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly...

What's Retirement Planning Education, with Andy Panko about?

Download our free app to listen on your phone

Retirement Planning Education, with Andy Panko episodes:

#097 – Inherited IRA Required Minimum Distribution ("RMD") rules

#096 - Q&A edition...US government debt concerns, Health Savings Accounts, how to estimate taxes and MORE!

#095 – Retirement planning chat with a "real" person, Judy Ocaya

#094 – Retirement planner chat, with David and Mary Oransky from Laminar Wealth

#093 – Advisory fees...the good, the bad, the ugly

#092 - Q&A edition...determining state tax residency, tax underpayment penalties and MORE!

#091 – Retirement planning chat with a "real" person, Tom Santi

#090 – Retirement planner chat, with Devin Carroll from Carroll Advisory Group

#089 – Understanding the S&P 500 index and why it's NOT the right benchmark for your portfolio

#088 – Retirement planning considerations for women, with Laura Adams

#087 - Q&A edition...tax return filing statuses, advisor succession plans and MORE!

#086 – Retirement planning chat with a "real" person, Bill Stevenson

#085 – Retirement planner chat, with Brian Tegtmeyer from Truly Prosper Financial Planning

#084 – Understanding Target Date Retirement Funds

#083 - Q&A edition...Solo 401(k)s, tax gain harvesting, bonds vs bond funds and MORE!

#082 – Retirement planning chat with a "real" person, David Folts

#081 – Retirement planner chat, with Larry Pershing from Optimum Retirement Planning

#080 – How to lower your taxes in 2024

Retirement Planning Education is coming back!

Retirement Planning Education is going on hiatus

#079 – The non-financial or “softer” side of retirement planning, with Kevin Lyles (Part 2 of 2)

#078 – The non-financial or “softer” side of retirement planning, with Kevin Lyles (Part 1 of 2)

#077 - Understanding cash value life insurance and how it's sold, with Kevin Lao

#076 - What exactly is "Financial Planning?"

#075 - Qualified Charitable Distributions ("QCDs")

#074 - How to break up with your financial advisor

#073 - What does it actually mean to be a "fiduciary," and does it matter?

#072 - The benefit of "step up in basis"

#071 - Understanding the $250k or $500k gain exclusion on selling your primary residence

#070 - Q&A edition...dividend reinvestment, gifting stocks, Social Security survivor benefits and MORE!

#069 - Highlights of the 2023 Social Security Trustees Report

#068 - What happens to my investments if my broker goes under?

#067 - Why are banks failing and should we be concerned about more failures?

#066 - Common tax forms retirees get at tax return time

#065 - 7 Social Security myths, with Devin Carroll (Part 2 of 2)

#064 - 7 Social Security myths, with Devin Carroll (Part 1 of 2)

#063 - Q&A edition...401(k)s & Highly Compensated Employees, interest rates & Social Security, inherited 401(k) distributions and MORE!

#062 - Introduction to Investing (Part 6 of 6) - Creating and managing your portfolio

#061 - Introduction to Investing (Part 5 of 6) - Cash and alternative investments

#060 - Introduction to Investing (Part 4 of 6) - All about mutual funds and exchange traded funds ("ETFs")

#059 - Introduction to Investing (Part 3 of 6) - All about bonds

#058 - Introduction to Investing (Part 2 of 6) - All about stocks

#057 - Introduction to Investing (Part 1 of 6) - Background considerations and explanation of account types

#056 - New RMD rules and other retirement planning changes in SECURE 2.0 Act of 2022

#055 - Financial planning and divorce, with Amy Colton (Part 2 of 2)

#054 - Financial planning and divorce, with Amy Colton (Part 1 of 2)

#053 - What is tax planning?

#052 - Q&A edition...457(b) plans, Roth 401(k) conversions, wash sales, Treasury notes and MORE!

#051 - Introductory overview of the Federal income tax system

#050 - What I'm thankful for (from a retirement planning perspective)

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