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.
Beware of State Efforts to Tax the Wealthy
Episode 221 – Several states are seeking to do what the federal government has failed to do thus far, and that is to increase taxes on the wealthy and high-income earners. Continue Reading Beware of State Efforts to Tax the Wealthy
Biggest Fear in Retirement – Running Out of Money Revisited
Episode 220 - In today's episode we revisit the question, what’s the biggest fear people have in retirement? According to the Journal of Accountancy®, Americans’ biggest retirement fear is running out of money. In this episode we take an in-depth look at...
What to Expect When You’re Expecting an Inheritance
Episode 219 – What do you do if you’ve just been notified that you’re about to receive an inheritance? Do you know what comes next? Here are some things that you might expect. Continue Reading What to Expect When You’re Expecting an Inheritance
Five Strategies for a More Financially Sound 2023
Episode 218 – New Year’s resolutions rarely work out. Instead, how about making some small changes in your financial habits? Here are five simple things you can try. Continue Reading Five Strategies for a More Financially Sound 2023
Do Seniors Need Life Insurance?
Episode 217 – You’re nearing or in retirement and the kids have graduated from college, out of the house, or are, at least, gainfully employed. You don’t need life insurance anymore, right? Think again! Continue Reading Do Seniors Need Life Insurance?
Six Common Life Insurance Mistakes – Part Two
Episode 216 – Most people don’t like thinking about life insurance but understand its importance to providing financial protection to their family or business. That conflict causes many to make mistakes with life insurance. Continue Reading Six Common Life Insurance Mistakes – Part Two
Six Common Life Insurance Mistakes – Part One
Episode 215 – Most people don’t like thinking about life insurance but understand its importance to providing financial protection to their family or business. That conflict causes many to make mistakes with life insurance. Continue Reading Six Common Life Insurance Mistakes – Part One
Estate Planning After Divorce or the Death of a Spouse
Episode 214 – Every year a substantial number of people go from married to single, either through divorce or death. A recent article looked at some of the estate planning steps you may need to take if it happens to you. Continue Reading Estate Planning After Divorce or the Death of a Spouse
SECURE 2.0 is Now Law. How Does That Impact Retirement Planning? Part Two
Episode 213 – Part Two: SECURE 2.0 is now law. What does it mean for your individual retirement planning goals? What does it mean for your business and your employer-sponsored retirement plan? Continue Reading SECURE 2.0 is Now Law. How Does That Impact Retirement Planning? Part Two
SECURE 2.0 is Now Law. How Does That Impact Retirement Planning? Part One
Episode 212 – Part One: SECURE 2.0 is now law. What does it mean for your individual retirement planning goals? What does it mean for your business and your employer-sponsored retirement plan? Continue Reading SECURE 2.0 is Now Law. How Does That Impact Retirement Planning? Part One
Don’t Forget Facebook, iCloud, Gmail, LinkedIn and Your Other Digital Assets in Your Planning Revisited
Episode 211 – Most, if not all of us, own several forms of digital assets in the form of online accounts. These assets must be included in your estate plan. Failure to do so may result in the loss of financial value or sentimental and legacy value. Continue Reading Don’t Forget Facebook, iCloud, Gmail, LinkedIn and Your Other Digital Assets in Your Planning Revisited
Stretch IRA Substitute Revisited
Episode 210 – We take a look back at how the SECURE Act eliminated the use of the “stretch” IRA, but there may be a way to replace that lost wealth and accomplish a similar goal by using the combination of a life insurance trust and a Single Premium Immediate Annuity. Continue Reading Stretch IRA Substitute Revisited
Retirement is Better with a Plan with Lucas Benson
Episode 209 – What type of retirement plan is best for you and your business? In this podcast, we learn all the details you need to know with special guest Lucas Benson. Continue Reading Retirement is Better with a Plan with Lucas Benson
IRS Provides Relief for Missed RMDs in 2021 or 2022
Episode 208 – IRS provides relief to individuals who inherited traditional IRAs in 2020 or after and failed to take required minimum distributions. Continue Reading IRS Provides Relief for Missed RMDs in 2021 or 2022
Social Security and Medicare COLAs Announced
Episode 207 – Next year’s 8.7% Cost of Live Adjustments (COLA) increase for Social Security and reduction in Medicare Part B premiums are welcome news. But how good is the news really? Continue Reading Social Security and Medicare COLAs Announced
2022 Elections Are Over, Now What?
Episode 206 – 2022 midterm elections are over and legislative gridlock will continue. That’s why it is important to plan for our future financial security against the unexpected. Continue Reading 2022 Elections Are Over, Now What?
Cash is Not the Best Charitable Gift
Episode 205 – The holiday season is also the season of charitable giving which most people do through gifts of cash. But donating highly appreciated assets like publicly traded securities is much better. Continue Reading Cash is Not the Best Charitable Gift
Holographic Wills and the Case of Anne Heche
Episode 204 – A holographic will is basically a handwritten document that could be someone’s last will and testament. But can an email also be a holographic will? The recent death of Anne Heche has raised this question. Continue Reading Holographic Wills and the Case of Anne Heche
Congress is Getting Serious About Retirement Savings: You Should Too
Episode 203 – Congress is worried about Americans’ insufficient retirement savings and you should too. Various legislative proposals seek to address these concerns. Continue Reading Congress is Getting Serious About Retirement Savings: You Should Too
IRS Extends Deadline to File for Portability of Estate Tax Exemption Amount
Episode 202 – IRS extends the deadline to file for portability of the estate tax exemption amount after the first spouse’s death. Continue Reading IRS Extends Deadline to File for Portability of Estate Tax Exemption Amount
