SML Planning Minute
SML Planning Minute podcasts provide timely and thought-provoking financial ideas and concepts for individuals, families and business owners. Be sure to listen in! Simply click on a topic below to access a podcast. You can also subscribe to one of the many service providers to listen on the go.
What are Student Borrowers Going to Do?
Episode 251 – A recent survey found that 62% of people with student debt plan on “boycotting” their future payments. Is that a good idea? Continue Reading What are Student Borrowers Going to Do?
Plan Today for Tax Changes that May be Coming in 2026
Episode 250 – The Tax Cuts and Jobs Act of 2017 is scheduled to expire in a little over two years. Now might be a good time to start planning for a potential tax law change. Continue Reading Plan Today for Tax Changes that May be Coming in 2026
IRS Puts Moratorium on a Popular Tax Program Until at Least Next Year
Episode 249 – The IRS recently announced a moratorium on the popular Employee Retention Credit (ERC) tax program. What happens now? Continue Reading IRS Puts Moratorium on a Popular Tax Program Until at Least Next Year
Finally: Aretha Franklin’s Estate is Finally Resolved
Episode 248 – Aretha Franklin’s long-running drama over her will has finally been resolved. There are lessons here for everyone. Continue Reading Finally: Aretha Franklin’s Estate is Finally Resolved
IRS Delays Roth Catch-Up Provision Mandated by SECURE 2.0
Episode 247 – IRS delays the SECURE 2.0 requirement for catch-up contributions for highly paid employees age 50 and over to be made as Roth contributions. Continue Reading IRS Delays Roth Catch-Up Provision Mandated by SECURE 2.0
How Much Money Do You Need to be Considered Wealthy?
Episode 246 – Do you have enough money to be considered wealthy? A recent survey by Charles Schwab and Company has the answer. Continue Reading How Much Money Do You Need to be Considered Wealthy?
Are You Ready for the Corporate Transparency Act Starting January 1, 2024?
Episode 245 – The effective date of the Corporate Transparency Act, January 1, 2024, is nearly upon us. Are you affected and, if so, prepared to comply with its mandates and regulations? Continue Reading Are You Ready for the Corporate Transparency Act Starting January 1, 2024?
How the Wealthy Borrow Cheap Cash
Episode 244 – When they’re facing a significant expense, the wealthy have a special technique they use to access cheap cash. Continue Reading How the Wealthy Borrow Cheap Cash
Don’t Be Like These Famous People—Get Your Will Done Revisited
Episode 243 – Estate planning is the process of protecting your wealth and transferring a legacy to your heirs in the manner you wish. Even the rich and famous fail to plan, resulting in disaster. Everyone needs a will and estate plan. Continue Reading Don’t Be Like These Famous People—Get Your Will Done Revisited
IRS Provides Additional Relief for RMDs in 2023
Episode 242 – IRS provides additional relief to individuals who inherited traditional IRAs in 2020 or after and failed to take RMDs, and to those who mistakenly took RMDs in 2023 when they didn’t have to. Continue Reading IRS Provides Additional Relief for RMDs in 2023
Millennials, Gen X and Gen Z Need to Prepare for Retirement Now
Episode 241 – Whether you’re hoping to achieve financial independence and retire early as part of the FIRE movement or later, Millennials and members of Gen Z and Gen X need to prepare for retirement now. Continue Reading Millennials, Gen X and Gen Z Need to Prepare for Retirement Now
Optimize Your Estate Plan by Incorporating Life Insurance
Episode 240 – Life insurance is the ideal tool to optimize an estate plan. It provides the money at the right time to pay taxes, replace wealth and to enhance and perpetuate a family legacy. It also makes various estate planning strategies more efficient. Continue Reading Optimize Your Estate Plan by Incorporating Life Insurance
The Ultra-Wealthy Are Rooting for Charles and Kathleen Moore!
Episode 239 – The ultra-wealthy are rooting for Charles and Kathleen Moore in their appeal to the U.S. Supreme Court to fight a tax. Continue Reading The Ultra-Wealthy Are Rooting for Charles and Kathleen Moore!
Parenting Doesn’t End When Your Kids Become Adults
Episode 238 – A surprisingly large number of parents are jeopardizing their financial futures to support their adult children. Is it worth the risk? Continue Reading Parenting Doesn’t End When Your Kids Become Adults
Retirement Confidence is Eroding in America – What Can You Do About It?
Episode 237 – Retirement confidence is eroding in America. What can you do about it? Continue Reading Retirement Confidence is Eroding in America – What Can You Do About It?
Getting Life Insurance is Easier Than it Used to Be with Angela Thieschafer
Episode 236 – The process of getting life insurance is a lot easier than it used to be. In this podcast, we will learn why, with special guest Angela Thieschafer. Continue Reading Getting Life Insurance is Easier Than it Used to Be with Angela Thieschafer
Millennials and Gen Z Acknowledge the Need for Life Insurance
Episode 235 – Millennials and Gen Z recognize the need to purchase life insurance, but many don’t. It all comes down to education and advice. Continue Reading Millennials and Gen Z Acknowledge the Need for Life Insurance
Does State Taxation Cause the Wealthy to Move to Different States?
Episode 234 – States with high income and estate taxes may cause the wealthy to move to another state with one or the other, but not both taxes. Continue Reading Does State Taxation Cause the Wealthy to Move to Different States?
Study Indicates that 40 Percent of Americans Cash Out Their 401(k)s When They Switch Jobs
Episode 233 – According to a new study, a shocking 41% of people withdraw, rather than roll over, their 401(k) balances when leaving their jobs. Continue Reading Study Indicates that 40 Percent of Americans Cash Out Their 401(k)s When They Switch Jobs
Documentation of Charitable Gifts
Episode 232 – Before you try to take an income tax deduction for the charitable gifts you made during the tax year, make sure you comply with the various IRS requirements for documentation and qualification of the donation. Continue Reading Documentation of Charitable Gifts
