Andy Panko

Retirement Planning Education, with Andy Panko

Education EN ↓ 215 episodes

Teaching you all about IRAs & Roth IRAs, employer retirement plans, taxes, Social Security, Medicare, portfolio withdrawal strategies, annuities, estate planning and much more!

Author

Andy Panko

Episodes

#015 - What do all of the letters mean after financial advisors' names? 24.03.2022 34:51

Explanation of some of the various letters and professional designations often seen after financial advisors' names Links in this episode: Rock Retirement Club - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#014 - How to do your own tax return or find a preparer 17.03.2022 31:35

Summary of the ways to do and file your own tax return, or how to find a paid tax return preparer Links in this episode: IRS forms and schedules search tool - here IRS PTIN and "credentialed" return preparer directory - here IRS VITA and TCE info and locator tool - here AARP Tax-Aide info and locator tool - here IRS "Free File" and "Free Fillable Forms" info - here Fa...

#013 - What are all of the forms in a retiree's tax return? 10.03.2022 33:46

Explanation of the various forms and schedules commonly used in retiree tax returns Links in this episode: IRS forms and schedules search tool - here My YouTube video - Overview of Federal Income Taxation My YouTube video - Understanding a Retiree Tax Return PDF of the tax return discussed in the above video - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTu...

#012 - What are mutual fund capital gain distributions? 03.03.2022 30:26

Explanation of mutual fund capital gain distributions, and why 2021 was a unique year for large (and taxable) distributions Links in this episode: Wall Street Journal article about a particular fund company's large capital gain distributions in their target date retirement funds - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement P...

#011 - How do financial advisors get paid? 24.02.2022 35:38

Explanation of how financial advisors get paid, including the differences in compensation structure between investment managers, securities salespeople and insurance salespeople Links in this episode: My three-part video series about how to find a financial advisor - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (...

#010 - When do I have to take distributions from inherited retirement accounts? 17.02.2022 34:05

Summary of the Required Minimum Distribution ("RMD") rules around inherited retirement accounts Links in this episode: "Free Stuff" (including the IRS Uniform Lifetime table and flowcharts) - here IRS Joint Life and Last Survivor Expectancy table - here My detailed video about RMDs from inherited accounts - here Facebook group - Retirement Planning Education (formerly Taxes in...

#009 - What are Required Minimum Distributions, and when do I have to take them? 10.02.2022 31:40

Summary of Required Minimum Distributions or "RMDs" Links in this episode: "Free Stuff" (including the IRS Uniform Lifetime table) - here IRS Joint Life and Last Survivor Expectancy table - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Ret...

#008 - When can I take money out of my Roth IRA without tax or penalty? 03.02.2022 32:53

Summary of the rules around taking money out of your Roth IRA without tax or penalty Links in this episode: "Free Stuff" (including Roth withdrawal rule summary sheet) - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#007 - What's the difference between tax-deferred, Roth and normal brokerage accounts? 27.01.2022 29:03

Comparison of the features of tax-deferred vs Roth vs normal brokerage accounts Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#006 - What's a "backdoor" Roth? 20.01.2022 35:15

Explanation of how to do a "backdoor" Roth contribution, and what to look out for when doing it Links in this episode: Summary of helpful tax and financial planning info for 2022 - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning In...

#001 - How much money do I need to retire? 14.01.2022 29:16

A framework for figuring out how much money you need to retire. Links in this episode: Life expectancy calculator - Living To 100 Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#002 - What's the 4% Rule? 14.01.2022 39:47

Everything you ever wanted to know about the 4% Rule Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#003 - Should I take my pension as payments or a lump sum? 14.01.2022 39:06

Discussion of the pros and cons, and a decision-making framework, in deciding between taking a pension as lifetime payments or a lump sum Links in this episode: Life expectancy calculator - Living To 100 IRS pension present value "segment rates" - here Pension Benefit Guaranty Corporation ("PGBC") website - here Facebook group - Retirement Planning Education (formerly Taxes in...

#004 - Should I rollover my employer retirement plan? 14.01.2022 37:10

The pros and cons of rolling over employer retirement plans (401(k), 403(b), 457, TSP) to IRAs and Roth IRAs Links in this episode: Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insights

#005 - Will I have to pay extra Medicare premiums? 14.01.2022 26:50

Explanation of income-based Medicare premium surcharges known as IRMAA, Income Related Monthly Adjustment Amounts Links in this episode: 2022 Medicare IRMAA amounts - here Form SSA-44 - here Facebook group - Retirement Planning Education (formerly Taxes in Retirement) YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified) Newsletter - Retirement Planning Insight...