Episode 155: Navigating Roth Conversions: Key Strategies and Insights
In this episode of ‘Retire with Style’, hosts Alex Murguia and Wade Pfau delve into the complexities of Roth conversions, discussing strategies, constraints, and the importance of diversified accounts. They explore how to approach Roth conversions effectively, considering factors like income needs, tax implications, and the innovative concept of tax mapping to optimize retirement planning. […]
Episode 154: The Financial Advisor’s Guide to Roth Conversions Part 2
In this episode of ‘Retire with Style’, hosts Alex Murguia and Wade Pfau, along with guest Rob Cordeau, continue their conversation into the complexities of Roth conversions and their implications for tax efficiency in retirement planning. They discuss the nuances of paying taxes on conversions, the importance of understanding tax brackets, and the impact of […]
Episode 153: The Financial Advisor’s Guide to Roth Conversions
In this episode, Alex Murguia and Wade Pfau are joined by Rob Cordeau to discuss the complexities and strategies surrounding Roth conversions. They emphasize the importance of long-term tax planning and the various factors that influence the decision to convert traditional IRAs to Roth IRAs. They explore the perspectives of financial advisors versus accountants, the […]
Episode 152: Navigating Holiday Money Talks
In this episode, hosts Wade Pfau and Alex Murguia engage with Dan Veto to discuss the complexities of money conversations that arise during the holiday season. They explore the concept of the ‘family bank,’ where family members often turn to one another for financial support, and the emotional dynamics that accompany these requests, including love, […]
Episode 151: Financial Strategies for Early Retirement
In this episode of ‘Retire with Style’, hosts Alex Murguia and Wade Pfau with Jessica Wunder from McLean Asset Management delve into the complexities of early withdrawals from retirement accounts, specifically IRAs and 401(k)s. They discuss the penalties associated with early withdrawals, the Rule of 55, and various exceptions allowing penalty-free access to funds. The […]
Episode 150: Lump Sum or Annuity: What’s Right For You?
In this episode of ‘Retire with Style’, Wade and Alex discuss the complexities of pension decisions with Jason Rizkallah from McLean Asset Management. The conversation delves into the critical choices retirees face regarding pension options, including whether to take a lump sum or annuity payment, the implications of each choice, the importance of comprehensive financial […]
Episode 149: The Various Aspects of Tax Planning
In this episode of ‘Retire with Style’, Wade and Alex delve into various aspects of tax planning, focusing on strategies such as front-loading taxes, tax loss harvesting, and deduction bunching. They discuss the implications of tax filing status changes, particularly for surviving spouses, and the impact of the Secure Act on inherited IRAs. The conversation […]
Episode 148: Tax-Efficient Income Stacking
In this episode of ‘Retire with Style’, Wade and Alex discuss the complexities of tax-efficient retirement planning, focusing on understanding preferential income, tax brackets, and the implications of additional income on tax rates. They explore the net investment income tax, strategic Roth conversions, and the significance of timing in retirement income planning. The conversation emphasizes […]
Episode 147: Navigating Medicare and Tax Planning
In this episode, Alex Murguia and Wade Pfau delve into the complexities of tax planning related to healthcare, focusing on Medicare premiums and the implications of income on these costs. They discuss the Income Related Monthly Adjustment Amount (IRMA) and how it affects Medicare premiums, emphasizing the significant impact of seemingly small increases in income. […]
Episode 146: The Concept of the ‘Tax Torpedo’
In this episode of ‘Retire with Style’, hosts Alex Murguia and Wade Pfau delve into the concept of the ‘tax torpedo’, a phenomenon affecting the taxation of Social Security benefits. They explore how increased taxable income can lead to a significant rise in the percentage of Social Security benefits that are taxed, particularly for middle-class […]
