Protecting & Preserving Wealth

For IRA owners that are charitably inclined, a Qualified Charitable Distribution, or QCD, can be an incredibly useful tool. Today, Bruce Hosler of Hosler Wealth Management explains the rules around QCD's, including who is eligible to make them, which organizations are eligible to receive them, which accounts can be used, and some very common pitfalls to avoid. The IRA owner (or beneficiary in the...

Asset-based long-term care insurance is something Bruce Hosler and the team at Hosler Wealth Management work on frequently for our clients. Traditional long-term care will require you to pay a premium until you go on claim, and rates can often change. However, asset-based long-term care premiums are paid with assets; therefore, they can't raise the premium or modify your terms.  For a married coup...

In September, the government passed the "Inflation Reduction Act."  Today Bruce Hosler of Hosler Wealth Management breaks down the key pieces of the legislation and how it can affect you going forward.  We break it down into 9 key areas: Health Care Premium Tax Credit New Home Energy Systems Tax Credits New Energy Efficient Home Improvement Tax Credits Electric Vehicle (EV) Tax Credits The Tax inc...

In the last episode, Bruce Hosler and Jag spoke about the SECURE Act, passed in 2019, and its effects on inherited and stretch IRAs. Today, we dive deeper into why traditional IRAs and 401ks are no longer good wealth transfer tools. Ideally, you want to minimize both your tax burden and the burden of your heirs. And with these new rules, traditional retirement accounts just won't cut it. Bruce tal...

In 2019, the US Government passed the SECURE Act, and one of the most significant ramifications was on what's known as the stretch IRA. Many people who inherit an IRA, now have a ten-year window to withdraw those funds. Previously there was no time restraint. There are five classes of individuals who have a different rulebook to play by - known as Eligible Designated Beneficiaries, or EDBs. Bruce...

The name of our podcast is "Protecting and Preserving Wealth."  But what exactly are we protecting our wealth from ?  Today, Bruce Hosler of Hosler Wealth Management sits down with Jon Gay to explain: Taxes Inflation Financial and Estate Planning Mistakes Client Mistakes Poor Investment Management Bruce explains how he and his team are uniquely qualified to help you in each of these areas, thanks...

Today, Bruce Hosler of Hosler Wealth Management sits down with Jon Gay to talk about the "5-year rule" regarding Roth IRA and Roth 401K accounts. These rules are in place to encourage investors not to withdraw from their Roth accounts before age 59 1/2.  And if these rules aren't followed, they can result in stiff tax penalties! Bruce explains: When the clock starts on the 5-year rule The differen...

Today's topic is demand destruction.  Essentially, it's when the government tries to slow demand to curb inflation.  Bruce Hosler walks us through what that means.  All information is accurate as of our recording date, June 23, 2022. The federal reserve doesn't necessarily want a recession, but it's a fine line between demand destruction and avoiding one. As of today's recording, we don't yet know...

Today, Bruce Hosler of Hosler Wealth Management talks about converting your IRA into a Roth IRA, and why a market dip is a good time to do so. First, Bruce and Jon go over requirements for these conversions, such as deadlines and how required minimum distributions, or RMD's, come into play.  When markets are down, stocks and taxes are "on sale." They are often below fair value. So a conversion in...

Today, Bruce Hosler and Jon are talking about interest rates.  They've been on the rise in 2022, but how high will they go? How high does the fed want to raise the Fed Funds Rate? How long will the fed keep raising interest rates? What will cause the Fed to stop raising interest rates? Is a recession coming? How will higher interest rates affect businesses? Is there any good news with higher inter...

In today's episode, Bruce Hosler of Hosler Wealth Management sits down with Jon Gay to talk about the one topic on everyone's mind in 2022 - INFLATION. What is causing this inflation?  Demand/Supply imbalance More money chasing less products. (Supply chain) Shortages of availability (Housing) What is Demand Destruction? Higher mortgage interest rates (Already reports of sellers lowering their aski...

One of the most common questions Bruce Hosler and the team at Hosler Wealth Management are asked: "Will taxes go up or down?"  And while we don't have a crystal ball, there are some pretty strong indications that taxes are going to go up. First, the 2017 Tax Cuts and Jobs Act, without any intervention from Congress, will sunset in 2025, returning all tax rates to their previous, higher levels. Nex...

In our first episode, Bruce Hosler of Hosler Wealth Management sits down with co-host Jon Gay to explain the term "tax-free."  What does it really mean? When you're looking at retirement income, you don't want that income to be taxed at the federal or state level.  Furthermore, you don't want it to count as provisional income against your social security.   Bruce takes us through some different ve...

Hosler Wealth Management consists of tax accountants, financial planners, and investment advisors. The benefit to our clients is it's all together combined in one office.  We started the podcast because a number of clients have questions, and this is a way for us to give them a venue to listen to different answers on all the things they're concerned about today. First and foremost, foundationally,...