AICPA Personal Financial Planning (PFP)
333 episodes - English - Latest episode: 21 days ago - ★★★★★ - 34 ratingsWelcome to the AICPA Personal Financial Planning Section podcast. Follow us to receive unlimited access to free podcasts from nationally known experts on topics such as retirement, estate, tax, investment planning, and more.
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Episodes
Deeper CPA financial planner connections with Scott Sprinkle {PFP Section}
May 26, 2022 16:00 - 35 minutes - 32.5 MBScott Sprinkle, CPA/PFS, learned early in his career that financial planning was his passion because of the difference it made for his clients. He plays the role of financial quarterback, touching the ball with every interaction and decision. Tune in and gain ideas for your own practice as Lyle Benson, CPA/PFS, interviews Scott in this episode of the PFP Section podcast. They discuss: How Scott creates stickiness and long-term relationships with his clients How he balances doing tax,...
Transitioning to retirement and the 4% rule {PFP Section}
May 20, 2022 12:44 - 20 minutes - 18.9 MBRetirement is one of life’s most significant transitions because everything changes. Your career likely gives you connection to relationships, meaningful work, a steady paycheck, and a structure to follow. You can give peace of mind to your clients by helping them find purpose in life post retirement and providing guidance so that they don’t fear running out of money. Lauren Minch interviews Oscar Vives, CPA/PFS. They discuss: What having a greater purpose in life can help clients avoid T...
Common investment mistakes {PFP Section}
May 13, 2022 04:00 - 16 minutes - 15.4 MBThis time of uncertainty and market volatility may lead to an increase in clients making investment decisions that aren’t in their best interest. In this episode of the PFP Section podcast, Lauren Minch, CPA, CFA, interviews Kevin Grogan, CFA, to get his take on common trends he sees with many different types of clients. They discuss: Making decisions based on what happened recently versus based on the full history Measuring performance by comparing to the wrong benchmark How to communi...
Retiree funding of healthcare prior to age 65
May 06, 2022 04:00 - 25 minutes - 23.1 MBFiguring out health insurance for early retirees can be shrouded in confusion, frustration, and mystery. In this episode of the PFP Section podcast, Kelley Long, CPA/PFS, discusses options that are available for your clients. She answers the following questions: What are the options to cover the risks of health-related costs in early retirement? How do you uncover whether retiree healthcare is available through prior employment? What are the common misconceptions or overlooked areas wit...
Traps to look out for when IRAs are payable to trusts {PFP Section}
May 04, 2022 21:32 - 18 minutes - 17.1 MBWith the SECURE Act’s 10-year payout rule, it becomes more important to understand how income flows from IRA to trust to beneficiary and the surprising consequences that may arise. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, interviews Jere Doyle, JD, LLM. Jere responds to these questions: From a fiduciary standpoint, what happens when an IRA is payable to a trust? What unintended results can happen when a QTIP or conduit QTIP is in place? Why is flowcharting and s...
Deeper CPA financial planner connections with Ted Sarenski {PFP Section}
April 29, 2022 04:00 - 31 minutes - 28.9 MBTed Sarenski is in a sweet spot of life where he is doing what he loves most at work and has reaped the benefits of the relationships and business he created. He shares his story in this new podcast series hosted by Lyle Benson, CPA/PFS. Ted discusses: How he went from doing small firm accounting and tax work to owning a financial planning business that serves the everyday client. What he did to find a successor that aligned with his values and priorities. His advice for those who wan...
Slott and Keebler on the complex new RMD rules {PFP Section}
April 27, 2022 20:24 - 32 minutes - 30.3 MBDuring tax season, the IRS released SECURE Act proposed regulations that came with some surprises and made calculating RMDs more complicated. In this episode of the PFP Section podcast, Bob Keebler interviews Ed Slott to get you up to speed on the latest. They discuss: What’s important for CPA financial planners to know about these new regulations How the IRS’s at least as rapidly rule has thrown a hitch in calculating RMDs Why the new rules make Roth IRAs more beneficial What to know...
Using legacy letters to help clients articulate their wishes {PFP Section}
April 22, 2022 04:00 - 29 minutes - 27.4 MBThe term legacy can come across as vague and intimidating. Often it is associated with assets left behind at death. In this episode of the PFP Section podcast, expert Susan Turnbull sheds light on the broader way to view legacy that will support your clients to get in touch with the difference they want to make in the lives of others now and later. Getting clear on these desires will help you to create a more targeted financial plan while also having meaningful conversations with your client...
Cryptocurrency: Discover three ways to add value for your clients {PFP Section}
April 15, 2022 04:00 - 20 minutes - 18.4 MBCryptocurrency has drawn attention in 2022 with super bowl ads, President Biden’s executive order, and its role in the conflict between Russia and Ukraine. In this episode of the PFP Section podcast, Ryan Firth, CPA/PFS, shares how you can add value for your clients who are interested investing in or learning more about virtual currency. Ryan covers: Tax planning and preparation issues to be aware of, including where you can add your expertise and gray areas that will need your professional...
How SECURE 2.0 will impact retirement planning {PFP Section}
April 08, 2022 04:00 - 11 minutes - 10.4 MBHR 2954, also known as the Securing a Strong Retirement Act, passed the House on March 29th and is now waiting on a vote from the Senate. Bob Keebler, CPA/PFS, shares the sections most pertinent to CPA financial planners in this episode of the PFP Section podcast, including but not limited to: Section 106 increases the required minimum distribution (RMD) age to 73 beginning on January 1, 2023 and continues to increase the age to 75 by January 1, 2033. Section 108 increases IRA contributio...
The power of the simplified charitable lead annuity trust (CLAT) {PFP Section}
April 01, 2022 04:00 - 25 minutes - 23.9 MBIf you have clients who typically donate between 10k and 50k to charity each year, they may be ideal candidates for the reversionary grantor CLAT (aka simplified CLAT). This planning solution works best in a low interest rate environment. In this episode of the PFP Section podcast, JG Gassman, CPA/PFS, Rick Peck, and Brad Gornto discuss: What is a reversionary grantor CLAT and how does it work? Who benefits most from this strategy? What are the tax and other advantages of this techniqu...
The 2023 tax revenue proposals released by the Biden Administration {PFP Section}
March 29, 2022 16:26 - 10 minutes - 9.97 MBOn March 28, 2022, the Biden Administration released their 2023 fiscal year budget. The suggested tax reforms give you a heads up on what may be coming so that you and your clients aren’t blindsided and can plan ahead in 2022. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, shares the proposals relevant to CPA financial planners, including: Higher marginal tax rates for high income earners Capital gains taxed at ordinary rates when 1M or greater for MFJ Transfers of a...
Deeper CPA financial planner connections with Beth Gamel {PFP Section}
March 25, 2022 04:00 - 32 minutes - 30.2 MBBeth Gamel, CPA/PFS, has had many wonderful experiences over her 30+ year career as a CPA financial planner. Among other challenges, she was one of the first CPAs to add investment management to her offerings and she had to build her firm from the ground up. She shares her story and the lessons she learned along the way in this new podcast series hosted by Lyle Benson, CPA/PFS. Beth discusses: How she created a successful retirement transition, financially and psychologically What she di...
How to choose between a donor advised fund and a private foundation {PFP Section}
March 21, 2022 15:43 - 33 minutes - 30.7 MBMaking the philanthropic decision between a donor advised fund and a private foundation boils down to three main factors. In this episode of the PFP Section podcast, Paul Hood, LL.M, JD, breaks down key differences between these charitable giving strategies and the factors to guide your conversations with clients, including: The level of contribution or investment The importance of retaining control The family’s ability and willingness to participate in the administration Other consi...
How Medicare enrollment impacts HSA contributions {PFP Section}
March 11, 2022 05:00 - 18 minutes - 16.8 MBIt has long been a widely accepted rule of thumb to advise clients who want to work past the age of 65 to enroll in Medicare part A. This episode of the PFP Section podcast covers the caveat to the rule that needs to be considered when clients want to continue to contribute to their health savings account. Kelley Long, CPA/PFS, discusses: When it makes sense to postpone Medicare enrollment so that your client can continue to fund their HSA Calculating the 6-month look back period to make...
The ins and outs of the new SECURE Act proposed regulations {PFP Section}
March 04, 2022 05:00 - 32 minutes - 30.2 MBThe long-awaited SECURE Act proposed regulations related to post-mortem IRA distributions are finally here. Bob Keebler, CPA/PFS, walks through the latest proposals and shares what you need to know in this episode of the PFP Section podcast. Topics covered include: 2021 RMDs that were missed in the case of death post required beginning date Key points related to the new proposed regulations compared with the existing rules When the 5-year rule, 10-year rule, and the life expectancy rule...
Deeper CPA financial planner connections with Jean-Luc Bourdon {PFP Section}
February 25, 2022 05:00 - 33 minutes - 31.1 MBJean-Luc Bourdon, CPA/PFS has worn many hats in his career including accountant in corporate America, CPA tax professional, and owning his own wealth management firm. He shares his story and wisdom he has gained along the way in the fourth episode in this new podcast series hosted by Lyle Benson, CPA/PFS. Jean-Luc discusses: What it takes for CPA firms to be successful in wealth management His chef’s table ultra-customized approach to his client services How he learned to be present an...
The intersection of money and memory {PFP Section}
February 18, 2022 05:00 - 27 minutes - 24.8 MBHave you been faced with how to best support clients when you see that their money behavior has changed? With the prevalence of dementia and Alzheimer’s and the related impact on cognitive function, you may very well observe the signs that something is off before others in the family notice. Tune in to this episode of the PFP Section podcast to hear money and memory expert Christine Moriarty answer the following questions: What are the key points to notice about memory loss? What is the d...
The case for making portability elections {PFP Section}
February 11, 2022 05:00 - 28 minutes - 26 MBIf you have had clients pass away recently, you will want to talk with their surviving spouse about the option to file to receive the benefits of portability, even if the decedent doesn’t have a taxable estate. Tune in to this episode of the PFP Section podcast to hear expert Steve Siegel, JD, LLM, discuss: What portability is, how it works, and how to make the election How you can fix a missed portability election going back to January 1, 2011 The nuances of GST and state estate taxes ...
Why it may now be easier for clients to retire prior to age 59 ½ {PFP Section}
February 04, 2022 05:00 - 14 minutes - 13.2 MBThe timing of this new IRS notice 2022-6 is perfect in this phase when many are reprioritizing their lives and considering retiring early. Up until now, clients have likely been unable to make use of SEPPs because of low interest rates mandated by the IRS in prior guidance. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, shares: What IRS notice 2022-6 and substantially equal periodic payments (SEPPs) are all about The significant difference that the 5% interest rate wil...
Deeper CPA financial planner connections with Sue Stevens {PFP Section}
January 28, 2022 05:00 - 37 minutes - 34.2 MBSue Stevens, CPA/PFS, has forged her own unique path to create her successful financial planning firm. She shares her journey and the wisdom she learned along the way in the third episode in this new podcast series hosted by Lyle Benson, CPA/PFS. Sue shares: What led her from being a cellist recording albums to becoming a CPA financial planner How she made the decision to merge her firm with Buckingham Advisors How her love of music and writing has shaped her work for clients Her blu...
The benefits of using ABLE accounts {PFP Section}
January 21, 2022 05:00 - 33 minutes - 30.7 MBMake sure you are making the most of the benefits available for your clients or their family members who have disabilities by tuning in to this episode of the PFP Section podcast. ABLE account experts Anita Kelley, with the Office of Alabama State Treasurer, and Dante Allen, Executive Director of CA’s ABLE Act Board, answer the following questions: What are ABLE accounts, how do they work, and who is eligible? How do the state programs differ and how are they similar? What should client...
How to guide couples through their retirement quandaries {PFP Section}
January 14, 2022 05:00 - 13 minutes - 12.7 MBEmotion can trump logic at times when making decisions and guiding clients through this may be more complex when advising a couple who is contemplating retirement. In this episode of the PFP Section podcast, Christine Moriarty with MoneyPeace answers the following questions: What if couples have different ideas of what they want to do in retirement? How can a couple create a “Budget” for retirement without all the information? Is it best for all the income – social security to investmen...
Discover how to get more out of your client’s life insurance policy {PFP Section}
January 07, 2022 05:00 - 36 minutes - 33 MBIf you have a client who is considering surrendering a life insurance policy or allowing it to lapse, it is important to first understand the value of the policy and determine if it can be sold for more than its cash value. In this episode of the PFP Section podcast, Susan Bruno, CPA/PFS, and Jamie Mendelsohn, with Ashar Group, discuss: Why you can’t default to the surrender value as the FMV of the policy What makes a policy worth more than its cash value What is most relevant to potent...
Happy New Year: Looking Ahead to 2022! {PFP Section}
December 31, 2021 05:00 - 18 minutes - 16.6 MBSusan Tillery, CPA/PFS and Dave Stolz, CPA/PFS wish you a happy and prosperous New Year and share what is on their minds as they head into 2022 in this episode of the PFP Section podcast. As they serve in the last months of their successful tenures as chairs of the PFP Executive Committee and PFS Credential Committee, they share their vision for the CPA financial planning profession and the important milestones that have been achieved in alignment to this vision over the last few years. ...
Deeper CPA financial planner connections with Michael Goodman {PFP Section}
December 24, 2021 05:00 - 24 minutes - 22.9 MBLyle Benson credits much of his career as a CPA financial planner to his interactions with colleagues across the country. He wanted CPAs in all stages of their career to be able to benefit from hearing how fellow CPA financial planners have gotten to where they are now, how they work with clients, and what it has meant for their lives. In episode two of this PFP Section podcast series, Lyle interviews Michael Goodman, CPA/PFS. They discuss: How Michael brought his love for business and work...
Simulating the benefits of an unlimited Roth IRA with life insurance {PFP Section}
December 17, 2021 05:00 - 45 minutes - 42 MBLife insurance can be much more than a death benefit. If properly designed, funded, and managed, it can provide an incredible opportunity to grow and distribute assets tax free. In this episode of the PFP Section podcast, Susan Bruno, CPA/PFS, and Michael Fontanini, with Lion Street, share: Who the ideal clients are for this strategy Why this is an excellent way to supplement retirement income Using this approach as an asset location tool How to know if this technique beats investing ...
How to have philanthropic conversations with your clients {PFP Section}
December 10, 2021 05:00 - 28 minutes - 26.5 MBYou don’t have to be an expert in all of the tools and technical strategies to have meaningful philanthropic conversations with your clients. It’s about knowing how to artfully communicate and bring value to your clients. In this episode of the PFP Section podcast, Jonathan Gassman, CPA/PFS, and Richard Peck, with the New Hampshire Community Foundation, share: How to incorporate philanthropic planning in your communications with clients Why engaging with other advisors can deepen bonds wi...
Bringing together couples and their money {PFP Section}
December 03, 2021 05:00 - 17 minutes - 16.3 MBGetting couples to align their goals and priorities with their personal finances is often easier said than done. This is when the power skills in the non-technical side of personal financial planning become crucial to use. In this episode of the PFP Section podcast, Christine Moriarty, answers the following questions. How and when do you start the conversation? Does sharing life have to mean sharing money? What if couples’ goals around money are different? How do you support couples t...
Life insurance: What happened to guaranteed universal life? {PFP Section}
November 26, 2021 05:00 - 42 minutes - 39.3 MBIn the past, guaranteed universal life (GUL) was priced well and easy to understand. This permanent life insurance was attractive because the premiums were certain, the policy often went to age 120, and risks were low. In this episode of the PFP Section podcast, Marc Minker interviews experts Susan Bruno and Martin Flaxman to understand the changes he is seeing in practice. They discuss: Why carriers are withdrawing from offering GUL and what is pushing up the prices. Why it will now requ...
Deeper CPA financial planner connections with Lyle Benson {PFP Section}
November 19, 2021 05:00 - 39 minutes - 36.3 MBIn the first of this new podcast series, Lyle Benson, CPA/PFS, shares the purpose behind this series as well as his story that led him to where he is now in his tax and financial planning firm. In this episode of the PFP Section podcast, Lyle answers questions such as: What is his definition of success? What types of clients does he work with and what services does he provide? What is his why for doing what he does and what do his clients value most about his work for them? How did ...
Life insurance: Must know basics {PFP Section}
November 12, 2021 05:00 - 30 minutes - 28.4 MBIn the first of this four-part life insurance series, expert Susan Bruno, CPA/PFS, gives a fantastic review of the basics. This episode of the PFP Section podcast will give you what you need to know to educate your clients and make them aware of their options. Susan provides an overview of the following: The difference in term, whole life, and universal life insurance A tool that she uses with her clients to do an annual review as part of their comprehensive financial plan Important re...
Build Back Better Act: Where we are now {PFP Section}
November 10, 2021 14:42 - 11 minutes - 10.9 MBRecorded on November 8th, 2021, Bob Keebler, CPA/PFS, reports on the latest with the Build Back Better Act. In this episode of the PFP Section podcast, Bob shares: What is in and what is out of the latest iteration of the House bill What must happen for the House to move forward with a vote What to expect with the Senate version of the bill and related vote Planning to consider for clients based on what we know now Access resources related to this podcast: Note: If you’re using a pod...
Designing your business around your ideal client {PFP Section}
November 05, 2021 04:00 - 25 minutes - 23.5 MBThe CPA profession has been busier than ever in the past two years with serving clients through the pandemic, responding to additional client needs, juggling complex tax seasons, and keeping up with proposed law changes. In this episode of the PFP Section podcast, Shannon Vincent and Colin Dunn answer the question of how to find time to provide proactive financial planning and wealth management services, including: Moving from being spread too thin serving many clients to having plenty of t...
What is a ‘super HSA’ and how does it work {PFP Section}
October 29, 2021 04:00 - 10 minutes - 9.63 MBSuper HSAs allow families who have adult children who are no longer tax dependents to save beyond the annual family limit. This technique works for children who are covered by the family HSA eligible insurance plan. Kelley Long, CPA/PFS, covers the ins and outs of this strategy in this episode of the PFP Section podcast. She answers the following questions: What is a super HSA? How does this strategy work, using a family of four as an example? Where can I find IRS guidance on this topic...
The future of Social Security {PFP Section}
October 22, 2021 04:00 - 20 minutes - 19 MBThe good news is that the 2022 Social Security (SS) COLA adjustment is 5.9%. The bad news is that the Board of Trustees issued their annual report on August 31st and predict that SS funds alone will run out in 2033 and disability funds will run out in 2057. In this episode of the PFP Section podcast, Ted Sarenski, CPA/PFS, shares: The effects of the pandemic and the 2020 recession on the projections The three suggestions being made to solve the long-term financial shortfalls What to inc...
Fiduciary income tax planning moves to make now {PFP Section}
October 15, 2021 04:00 - 10 minutes - 9.28 MBIf current tax reform proposals become law, there will be many issues to be mindful of with planning for trusts. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, helps you get ahead of these changes so that you can plan for your clients to be ready for impending changes. Bob discusses: How the proposed higher income tax and capital gains rates will impact trusts planning The low threshold for trusts that would have the additional 3% surtax, NIIT expansion, and 199A cap ki...
Year-end planning conversations to have now {PFP Section)
October 08, 2021 04:00 - 23 minutes - 21.4 MBWith a lot of unknowns going into the last quarter of the year, top CPA financial planners have been gathering to share conversations that they’re having with clients now. In this episode of the PFP Section podcast, Lyle Benson, CPA/PFS, reviews a collection of ideas and thoughts that have been discussed in his Athena study group and other CPA financial planner panels. Lyle gives an overview of what he and his peers are talking about with their clients in the following areas: Income tax pla...
Income tax reform overview with Bob Keebler {PFP Section}
October 06, 2021 19:42 - 13 minutes - 12.9 MBThe House Ways & Means Committee recently released its proposed 2021 tax reform legislation. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, covers the changes being considered that would impact income tax planning, including: Funding the IRS and using tax reform to improve social safety nets Additional childcare credits and other dependent care, childcare, and caregiver provisions Increases to the individual income tax rate, capital gains rate, and 3% surtax over cert...
What you need to know about the proposed MEGA IRA rules {PFP Section}
October 01, 2021 04:00 - 31 minutes - 28.7 MBIf you have clients with more than 10 million in their traditional IRAs, Roth IRAs, and vested defined contribution plans, they may have to take distributions to keep the aggregate plan balances below a certain threshold beginning in 2022. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, gets you up to speed related to: The new proposed limits on MEGA IRAs and related forced withdrawals How the numbers work with the 50% test and the 100% test The best planning strategi...
The use or lose it situation with the estate exemption {PFP Section}
September 30, 2021 20:21 - 11 minutes - 10.4 MBThe latest proposals suggest that the estate tax exemption may revert back to pre-TCJA levels in January, 2022. In order not to lose the estate tax exemption that exist today, it may be necessary to make use of this exemption before year-end for your relevant clients. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, fills you in on the estate related reform including: How the estate and gift tax reduction math will work Forcing grantor trusts to be included in the taxable...
The case for making Roth conversions before year-end {PFP Section}
September 24, 2021 04:00 - 15 minutes - 14.3 MBIf you have been contemplating a Roth conversion for yourself or for your clients, you will want to tune in to this PFP Section podcast episode to hear Steve Siegel’s case for doing this before the year ends. Steve discusses his top five reasons for doing a Roth conversion in 2021, including: Potential limits on Roth conversions in the future Proposals on elimination of the backdoor Roth Likelihood of higher tax rates in the future SECURE Act 10-year rule Inherited IRA rule limits ...
How the latest tax proposals will impact clients {PFP Section}
September 17, 2021 14:03 - 22 minutes - 20.5 MBOn September 13th, the House Ways & Means Committee released long anticipated draft legislation which could lead to major tax changes effective January 1, 2022. In this episode of the PFP Section podcast, Bob Keebler, CPA/PFS, walks you through the key areas of interest so that you can plan ahead with your clients in the event these proposals become law. Bob discusses: Increases in tax rates over certain thresholds, expansion of the NIIT, a new high-income surcharge, and modifications to ...
Guiding clients with diminishing mental capacity: Summary {PFP Section}
September 10, 2021 04:00 - 22 minutes - 20.4 MBCPA financial planners are often in a position to be the first to recognize declining cognitive function in a client. Reina Schlager, CPA/PFS, takes you through a summary of her 6-part series so that you can protect your clients financially and ensure a smooth transition of care. She covers: Does an 18-year-old need a durable POA? Client experiences to give you ideas of what to look for with your clients The 9 domains of diminished capacity The 10 warning signs from the Alzheimer’s As...
Why the spousal lifetime access trust is the go-to planning strategy {PFP Section}
September 02, 2021 17:04 - 25 minutes - 23.5 MBIt’s anyone’s guess what will happen with tax laws given all the proposals floating around. If you have clients concerned about losing the estate exclusion available to them today yet they are reluctant to transfer assets outright to children and grandchildren, the spousal lifetime access trust (SLAT) may be the perfect strategy. Tune in as estate planning expert Steven Siegel, JD, LLM, walks you through the ins and outs of the SLAT technique, including: How the SLAT works to minimize tax ...
Guiding clients with diminishing mental capacity: Residential choices {PFP Section}
August 27, 2021 04:00 - 29 minutes - 26.8 MBWhen you determine that your client needs a plan for transition of care, you will discover that there are endless options. In part 5 of this PFP Section podcast series, Reina Schlager, CPA/PFS, helps you sift through the pros and cons of each so that you can best guide your client. She discusses: Home and respite care Ranges of care facilities and how to select the best one Considerations with a couple Keeping humanity and kindness at the forefront Access resources related to this p...
Helping clients overcome common investor mistakes {PFP Section}
August 20, 2021 04:00 - 27 minutes - 25.2 MBInvestment decisions are often made based on unconscious biases and motivations. When we help our clients understand the why behind their money, they will be able to make informed choices. In this episode of the PFP Section podcast, Join Bob Stammers, CFA and Director of Investor Engagement at CFA Institute and Lisa Kueng, Managing Director at Invesco Global Consulting as they discuss: Lessons we can learn from Sigmund Freud and athletes Using visualization techniques to understand subc...
Guiding clients with diminishing mental capacity: Planning while well {PFP Section}
August 13, 2021 04:00 - 23 minutes - 21.9 MBPutting a plan in place prior to recognizing dementia in your clients is ideal. In part 4 of this PFP Section podcast series, Reina Schlager, CPA/PFS, discusses the following: Why it’s important to act while your clients are healthy Planning documents and other considerations Preserving dignity for the impaired client What can go awry and how to avoid Access resources related to this podcast: Note: If you’re using a podcast app that does not hyperlink to the resources, visit http:/...
Guiding clients with diminishing mental capacity: Ten warning signs {PFP Section}
August 06, 2021 04:00 - 19 minutes - 18 MBCPA financial planners may be the first to recognize dementia in their client and this can go a long way towards protecting the client’s assets and ensuring a proper care plan is put in place. In part 3 of this podcast series, Reina Schlager, CPA/PFS, discusses the following: The ten warning signs that your client may be declining mentally Examples of what to be on the lookout for with these warning signs What to do once you have identified an issue with your client Access resources r...
Unique and under-communicated HSA benefits {PFP Section}
July 30, 2021 04:00 - 21 minutes - 19.9 MBAs health savings accounts (HSA) are triple tax free (contribution, growth, qualified withdrawals), these accounts, their uses and balances continue to grow. In this episode of the PFP Section podcast, Kelley Long shares advanced strategies and common misconceptions of HSAs including: Shoe box strategy for HSAs Using HSAs to address unknowns in retirement Techniques for HSA funding and providers Access resources related to this podcast: Note: If you’re using a podcast app that does no...