📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

We begin with the One Big, Beautiful Bill Act, which makes tax rates for both income and estate taxes "permanent"—though in tax law, that only means until Congress changes them. For now, the extension of lower tax rates creates a prime window for Roth conversions. This is especially significant for those with large traditional IRAs and potentially taxable estates. Without conversion, those accounts could face both estate and income tax—resulting in a combined rate of 70–80%. By converting to Roth, clients can shield their heirs from that double hit, passing on assets that are not only tax-free but also less likely to drag down the estate’s overall value.

We also break down new limitations on charitable deductions. Starting in 2026, a floor of 0.5% of adjusted gross income applies, meaning you can no longer deduct the first half-percent of your charitable giving. This makes Qualified Charitable Distributions (QCDs) from IRAs more appealing for those over 70½. For larger givers, we discuss strategies like bunching donations using donor-advised funds and donating appreciated assets like Apple or Nvidia stock. This approach not only avoids capital gains taxes but also front-loads deductions into one year—maximizing tax efficiency while still distributing donations over time.

Next, we cover the Social Security Fairness Act, which repeals the Windfall Elimination Provision (WEP). Previously, government employees with pensions and limited Social Security work history saw reduced benefits. This change, now retroactive to January 1, 2024, restores their full Social Security entitlement. But there’s urgency—Social Security only pays retroactively for six months. So, if you're affected and haven't yet claimed, now is the time.

Finally, we explain a key Roth-related shift in the Secure Act 2.0: starting in 2026, high earners making over $150,000 must make their 401(k) catch-up contributions into Roth accounts. The contribution amount increases to $8,000, with an additional $3,250 for those aged 60–63. While this change accelerates tax collection for the government, it presents long-term benefits for investors. It allows clients to build a larger tax-free retirement nest egg by leveraging the higher Roth 401(k) contribution limits, especially compared to traditional Roth IRAs.

In summary, tax strategy continues to evolve, and it’s crucial to plan with both new rules and long-term goals in mind. If you need guidance navigating these changes, we’re here to help.

⏱️Chapters & Timestamps
(00:00) – Intro: Welcome & Today’s Topic
(00:33) – The One Big, Beautiful Bill Act: Permanent Tax Rates
(01:25) – Why Roth Conversions Are More Attractive in 2026
(03:57) – New Limitations on Charitable Deductions
(04:51) – Donor-Advised Funds & Tax Planning Strategy
(08:28) – Social Security Fairness Act: WEP Repealed
(11:48) – Secure Act 2.0: Roth Catch-Up Rules for High Earners
(14:16) – Additional Catch-Up Contributions (Ages 60–63)
(15:02) – How to Contact Hosler Wealth Management

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️ Chapters & Timestamps
(00:00) – Introduction
(00:36) – Who qualifies for QCDs?
(01:34) – QCDs for inherited IRAs
(02:21) – Why timing matters: turning 70½
(03:43) – Tax advantages of QCDs
(04:21) – How to properly execute a QCD
(05:13) – Limits and benefits for married couples
(05:42) – 401(k) rollover considerations
(06:19) – No donor-advised funds or benefits allowed
(07:40) – QCDs must be in cash, not stock
(08:50) – Strategic tax benefits of QCDs
(10:46) – New IRS Code Y on 1099-R forms
(12:10) – Contact info and final thoughts 

We begin by clarifying the age requirement. You must be exactly 70½ to make a QCD — not before, not even within the same tax year if you haven't reached that age yet. This often confuses clients, especially early in the year when they expect eligibility based solely on the calendar year. Importantly, you don’t need to be taking Required Minimum Distributions (RMDs) to utilize QCDs. Even if RMDs don’t kick in until 73 or 75, you can still make a QCD at 70½.

Another common question we addressed is whether inherited IRA beneficiaries can make QCDs. The answer is yes — as long as they are 70½. A QCD can satisfy RMDs from an inherited IRA, but the age rule still applies. For 2026, the annual QCD limit is $111,000 per person, meaning couples could potentially give up to $222,000.

We also discuss the mechanics. The distribution must be made directly from your IRA to the charity. You can’t take the money into your personal account and then donate it — doing so disqualifies the distribution from being a QCD. Additionally, you cannot direct a QCD to a donor-advised fund or receive any benefit (like a charity dinner ticket) in return. The transaction must be completely tax-neutral — for both you and the charity.

We emphasize that QCDs must be made in cash; donations in-kind (like appreciated stock) from an IRA don’t qualify. We caution against using Roth IRAs for QCDs due to complexity and potential tax consequences. Traditional IRAs are the cleanest route.

Jason outlines several strategic reasons to use QCDs: reducing taxable income to protect Social Security benefits, avoiding IRMAA surcharges on Medicare, qualifying for the new 2026 senior deduction (between $150,000–$250,000 AGI), and preserving room for Roth conversions. These moves can result in substantial long-term tax savings.

Lastly, Alex explains a new IRS reporting feature: a “Code Y” in Box 7 of the 1099-R to identify QCDs. While optional for custodians in 2025, it becomes more prominent in 2026. 

It’s a helpful safeguard to ensure QCDs are properly reported as non-taxable — but documentation remains critical.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We break down how this initiative could help build a new generation of capitalists by allowing children to invest from birth and potentially accumulate significant wealth before adulthood. Unlike IRAs or Roth IRAs, which require earned income, Trump Accounts do not. This means tax-deferred investment growth for up to 18 years, an opportunity previously unavailable to most minors. Once a child turns 18, the account transitions to a traditional IRA, with all standard rules applying.

We also dive into how contributions—up to $5,000 per year from family and $2,500 from employers—can compound over time. That $5,000 is indexed for inflation, making this a long-term, scalable wealth-building tool. Investments are limited to low-cost U.S.-based index funds, such as the S&P 500 or Dow Jones, reinforcing the theme of investing in America.

There’s also a compelling policy angle here. Employers can contribute to these accounts as a benefit to attract talent, and those contributions won’t count toward the employee’s taxable income. Additionally, philanthropic involvement—like Michael Dell’s recent $6 billion pledge—could play a pivotal role. We discuss how charitable deductions could potentially apply if large donations are made to the Trump Account system, though specifics are still evolving.

We raise awareness about critical timing rules—particularly the need to fund these accounts before a child turns 18. Once that calendar year starts, eligibility ends. We emphasize that while withdrawals aren’t allowed before age 18, after that point, traditional IRA rules apply, including potential penalties for early withdrawals before age 59½.

Overall, this is more than just a savings account—it’s a transformative financial tool. We see this as a chance to teach kids about long-term financial planning, compound interest, and the power of deferred gratification. These accounts could lay the groundwork for financial independence, generational wealth, and a broader sense of ownership in the American economy.

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️ Chapters & Timestamps
(00:00) – Introduction and Episode Overview
(00:28) – What Are Trump Accounts?
(01:57) – Policy Background and Eligibility
(03:00) – Investment Options and Index Requirements
(05:11) – Legacy Planning and Generational Wealth
(06:57) – Contributions: Parents, Grandparents, Employers
(07:42) – Philanthropy and Charitable Deductions
(10:34) – Rules, Restrictions, and Early Withdrawal Penalties
(13:05) – Behavioral Benefits: Delayed Gratification
(14:35) – Contact Info and Final Thoughts

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We discuss how 529s can now be used for K–12 education, not just for tuition but also for items like books, standardized tests, tutoring, and even educational therapy. This opens the door for families to apply these tax-advantaged funds toward private school and special needs services for younger children—services that are increasingly common among our clients.

We also highlight a major opportunity created by SECURE Act 2.0: the ability to roll over unused 529 funds into a Roth IRA in the name of the beneficiary. This means families can now provide their children or grandchildren with a financial head start—not just for education but also for retirement. The conversion limit is currently capped at $35,000 and must follow specific eligibility and timing rules, but it's a powerful long-term planning tool.

Another important change coming in 2026 is the increased annual limit for K–12 qualified distributions—from $10,000 to $20,000. This effectively doubles the amount that can be withdrawn tax-free for qualified expenses, making 529s even more practical for families with high educational costs early in a child’s schooling.

Finally, we talk about how the OBBBA expands 529 use to cover post-secondary credentialing programs. That includes trade schools, certifications, professional licenses, and even continuing education programs outside traditional colleges, as long as they’re recognized under federal law or by formal credentialing bodies. We emphasize how this change aligns with the current workforce needs, especially as more people pursue skilled trades or alternative career paths without accumulating student debt.

In short, 529 plans are no longer just for college. They're now a flexible, multigenerational financial tool that can support both education and retirement planning in more ways than ever before.

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️ Chapters & Timestamps
(00:00) – Introduction
(00:29) – What Are 529 Plans?
(01:08) – Real Client Example: Private School Funding
(02:01) – Roth IRA Rollovers from 529s
(03:26) – The One Big Beautiful Bill Act (OBBBA) Explained
(03:50) – Expanded K–12 Expenses (Effective July 2025)
(04:54) – Increased Withdrawal Limits Starting in 2026
(05:48) – Credentialing and Trade School Use of 529s
(08:02) – Closing Thoughts and Contact Info

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️ Chapters & Timestamps
(00:00) – Introduction: The National Debt Challenge
(02:00) – Misconceptions About Taxes and Debt
(03:45) – Missed Planning Windows
(05:30) – Strategies to Reduce Future Tax Exposure
(07:45) – Legacy Planning and Family Communication
(10:00) – Current Client Concerns in 2025
(12:00) – One-Sentence Advice for High-Net-Worth Families
(14:00) – Contact Information & Disclaimer

We begin by addressing a widespread misconception: that tax rates will stay low indefinitely. As Alex points out, the pattern of government backstopping during crises has led many to become complacent. But the math tells a different story. With increasing entitlement costs and an aging population, taxation on deferred assets like IRAs and 401(k)s is likely to rise. And that’s where the risk lies — not in the headlines, but in what families aren’t planning for.

Bruce walks us through how required minimum distributions (RMDs) can lead to unexpected tax exposure, especially for individuals in their 60s and 70s who haven’t yet evaluated the long-term impact of their tax-deferred accounts. A $3 to $5 million IRA could result in annual taxable RMDs of $300,000 to $500,000, triggering 30%+ tax rates unless actions like Roth conversions are taken early. Waiting feels safe, but it often becomes the most expensive decision.

We also explore overlooked tax-efficient strategies beyond retirement accounts. Jason emphasizes tools like life insurance, charitable remainder trusts, and Delaware Statutory Trusts (DSTs) for real estate owners. Bruce reminds us how critical it is to manage capital gains thresholds and investment income taxes through careful income control. Planning isn’t one-size-fits-all — it’s about knowing which tool fits which scenario.

Legacy planning takes center stage as we discuss the emotional side of inheritance. Alex shares the common generational gap between financial assets and emotional preparedness. Too many families avoid money conversations, leaving heirs in the dark until it’s too late. We highlight how open dialogue and multigenerational planning — like Bruce’s two-generation tax-free legacy strategy — can ensure wisdom is transferred alongside wealth.

Looking at the year ahead, Jason flags AI and global uncertainty as top-of-mind concerns for clients in 2025. The episode closes with advice from each advisor: start planning now, prepare for contingencies, and don’t ignore old estate documents — revisit and revise them before it costs you or your heirs.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️Chapters & What You'll Learn
(00:00) Introduction & Overview of the “Interest Rate Trap”
(01:50) National Debt and Structural Interest Rates
(04:39) Impact of Higher Rates on Stock Valuations
(05:45) Retirement Income Planning in a High-Rate World
(07:02) Estate Planning & Tax Strategies in the New Environment
(08:41) Action Steps for Wealthy Retirees
(12:55) Closing Thoughts & Contact Information

We begin by outlining why rates are unlikely to return to their pre-2020 lows. The bond market is demanding higher yields in response to runaway government spending and global infrastructure investment. Those hoping for a return to 2% inflation and near-zero borrowing costs are ignoring the structural changes underway. For retirees, this higher-rate world changes how we view asset allocation, borrowing, and risk. Bonds now offer reliable income, but equity valuations face downward pressure—especially for smaller companies with thin profit margins and high capital costs.

From there, we shift focus to how retirees should build portfolios in this environment. A ten-year income ladder using high-yield fixed income allows for predictable cash flow, but that strategy needs to be balanced with equities to hedge long-term inflation. Strategic tax planning becomes even more critical. We advocate for converting pre-tax accounts into Roth IRAs while tax rates remain low under current law. This preserves flexibility, reduces future tax burdens, and supports cleaner estate transitions.

The conversation moves into legacy strategies. Wealthy families are acting now, taking advantage of a $15 million per-person estate tax exemption and a $19,000 annual gift exclusion. Advanced tools like life insurance retirement plans and Roth conversions are helping them leave tax-free inheritances. Beneficiary planning also plays a bigger role, with disclaimers and contingent strategies enabling tax-efficient, multi-generational transfers.

Finally, we emphasize the importance of a foundational financial plan. Before making large gifts or reallocating capital, families need to define how much is required to support their lifestyle and how much can be safely transferred. The key takeaway is to act now, with tax windows open and interest rates providing both headwinds and opportunities. Doing nothing is no longer a viable plan.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️ Chapters & Timestamps 
(00:00) Welcome & Part One Recap 
(00:46) Friction in the Financial System 
(02:27) Real-World Adoption — JPMorgan & Digital Dollars 
(04:55) The Next Big Shift: AI Meets Stablecoins 
(07:32) Everyday Life with AI Agents 
(10:02) How Stablecoins and AI Will Transform Work & Society 
(12:58) Preparing for the Future & How to Connect with Hosler Wealth

We begin by looking at the friction points in our current financial system—lengthy processes, wire fees, and outdated systems like checks. Bruce outlines how stablecoins, backed by the GENIUS Act and blockchain regulation—not government-controlled like CBDCs—eliminate these inefficiencies. We see how major institutions like JPMorgan are already moving over a billion dollars a day using stablecoins.

Jason walks us through how financial infrastructure is evolving. From checkbooks to swiping credit cards, we now move into a digital realm where transactions are seamless and instant. He highlights how the entire ecosystem—acquiring, saving, spending—is being rebuilt to accommodate stablecoins, with all the major financial players involved.

The conversation then takes a futuristic turn as we explore the rise of AI agents. These digital assistants will handle everything from booking flights to managing bills, all while using stablecoins without requiring any personal data. Bruce and Jason explain how this drastically changes privacy, convenience, and financial autonomy. From recurring utility payments to shopping online, AI agents will manage tasks quickly, securely, and autonomously, with the user simply setting parameters.

We also examine the broader societal changes. While there are fears of AI displacing jobs, we agree the real transformation is in the nature of work itself—those who adapt and leverage AI tools will thrive. The episode closes with a call to action: change is accelerating, and now is the time to prepare, not panic. Whether it’s understanding stablecoins, AI, or new digital infrastructure, the key is awareness and proactive planning.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We begin by clarifying that stablecoins aren't just another cryptocurrency. Unlike cryptocurrencies, which are known for their volatility, stablecoins are pegged to the US dollar or backed by US treasuries. This makes them more stable in value, and importantly, useful for real-world applications like instant, low-cost transactions on the blockchain. We explain how stablecoins serve as a bridge between traditional currency and the speed and efficiency of blockchain technology.

A major focus is the GENIUS Act — short for Guiding and Establishing National Innovation for US Stablecoins — which was passed in July 2025 and becomes effective in 2027. This legislation provides a critical regulatory framework for stablecoins, including mandatory third-party audits of reserves and consumer protection measures. By ensuring that every stablecoin is fully backed by real-world assets, the GENIUS Act brings confidence and legitimacy to this technology, opening the door for broader adoption.

We also explore how stablecoins eliminate the need for traditional banking infrastructure. You can transfer funds globally 24/7 for a fraction of the cost of traditional wire transfers. The implications are massive, especially for people in countries with unstable currencies or limited access to US dollars. And with major financial players like Visa already integrating stablecoins into their payment systems, this isn't hypothetical — it's already happening.

Jon draws a parallel between stablecoins and podcasting, comparing how both have democratized access — one to finance, the other to media. The analogy holds as we discuss how stablecoins make it easier and cheaper for anyone with internet access to interact with digital dollars.

We close by emphasizing that this is just the beginning. Part two of this series will cover the practical applications of stablecoins in everyday life. For now, we want our listeners to walk away with a better understanding of how this financial innovation works, why it’s growing so fast, and how regulation is finally catching up to support it.

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️Chapters & What You'll Learn
(00:00) Welcome & Introduction 
(00:31) What Exactly Are Stablecoins 
(01:56) Backing, Value, and How They Work on Blockchain 
(04:30) Real-World Uses — Payments, Speed & Lower Fees 
(07:32) The GENIUS Act & New Regulations 
(10:02) Global Adoption and What’s Coming Next

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️Chapters & What You'll Learn
(00:00) – Introduction & Setup – Welcome back, recap from Part 1, and guest reintroduction.
(01:00) – Reverse Mortgage Line of Credit Explained – Why 99.9% of clients choose the growing credit line option.
(04:00) – Tax Strategies & Case Study – Using reverse mortgages for tax deductions, Roth conversions, and a retired pilot’s success story.
(08:30) – Reverse for Purchase – How to buy a new home in retirement while preserving liquidity and avoiding monthly payments.
(11:00) – Volatility Protection & Portfolio Preservation – Leveraging reverse mortgages during market downturns to protect investments.
(13:30) – Aging in Place & Accessing Equity – Unlocking $15 trillion in senior home equity nationwide while remaining in your home.
(15:30) – Costs, Risks & Considerations – Fees, FHA insurance, and when a reverse mortgage may not be the right fit.

We explain how a reverse mortgage line of credit differs from a traditional Home Equity Conversion Mortgage (HECM). Rob explains that most clients choose the variable line of credit because it grows over time, giving homeowners access to increasing tax-free funds while deferring repayment. The line of credit itself grows, not the loan balance, creating a powerful tool for liquidity in retirement. Unlike a traditional HELOC, a reverse mortgage line of credit can’t be frozen or recalled by the bank, offering retirees more security.

Bruce highlights how this line of credit can be used strategically for tax planning. For example, borrowers can let the interest accrue for years, then make lump-sum payments to generate large mortgage interest deductions to offset other taxable events like Roth conversions. Rob breaks down how payments first cover mortgage insurance premiums, then interest, then principal — which means part of that payment becomes accessible again as usable credit.

We explore a case study where a retired pilot used a reverse mortgage for purchase to buy a more expensive home closer to family without draining his portfolio. By putting down cash and financing the rest with a reverse mortgage, he preserved liquidity and gained tax advantages through coordinated payments. Bruce calls this a “reverse for purchase,” a strategy that’s increasingly popular for retirees wanting to right-size their home without losing access to cash.

We also address the reverse mortgage line of credit as a safeguard during market downturns. Instead of selling stocks in a bad market year, retirees can draw tax-free funds from the line of credit for living expenses, protecting their portfolios and opening opportunities for timely Roth conversions. Rob shares how even high-net-worth clients use reverse mortgages as a smart piece of an overall wealth plan, debunking the myth that they’re only a last-resort option.

Jon brings us back to the bigger picture — most seniors have significant untapped equity in their homes. Reverse mortgages can help them age in place, cover rising costs, and gain peace of mind without selling their home or sacrificing lifestyle. But we’re careful to acknowledge the real costs: higher origination fees, upfront mortgage insurance premiums, and considerations around family heirs or low existing mortgage rates. Bruce reminds us it’s not for everyone, but for the right client, it can be a powerful tool.

We close with Rob and Bruce sharing how listeners can reach out to explore whether a reverse mortgage fits into their own financial plan. 

As mentioned in today's episode, here is an exerpt from Bruce's Book "Moving to Tax Free," about Reverse Mortgages:

Costs, Risks, and Considerations for Reverse Mortgage Loans and Lines of Credit
Let’s address the costs first.
• Reverse mortgage loans and credit lines have loan origination fees similar to regular forward mortgage loans. (Which cannot
exceed $6000 and are paid to the lender.)
• Real estate closing costs similar to a regular 30-year mortgage (appraisal, title, surveys, inspections, recording fees, mortgage taxes, credit checks and other fees).
• Interest and servicing fees.
• Annual mortgage insurance premium, which is .05% of the outstanding mortgage balance. Homeowners insurance and property taxes, which you must keep current.

The front-end cost that can dissuade some homeowners from taking out a reverse mortgage loan or line of credit is the upfront mortgage insurance premium. It will be 2% of the lesser of the home value or the maximum lending limit. You don’t normally pay for this out of pocket, it is added to the loan balance. But this is the one primary cost that makes the initial setup costs for a reverse mortgage more expensive than a traditional 30-year mortgage.

Risks
Let’s consider some of the risks of a reverse mortgage.
• If you are trying to leave equity in your home as a legacy gift to your heirs, a reverse mortgage will consume a portion of your equity, and there is a risk that in a bad real estate market you may not be able to leave any equity in the house to your heirs. Certainly, you will likely leave less equity. At the same time, if you do not have to make a house payment, you may be able to leave more funds in savings to your heirs.
• If you borrow all the available equity out of your home with a reverse mortgage you will still need to pay the property taxes and insurance, and you will need to have enough funds to maintain your home. It would usually only be if you are not able to meet the loan requirements that you would risk losing your home.
• Remember, this home has to be your primary residence. You cannot live away at some other address without running afoul of the loan requirements.
• A reverse mortgage does not affect your Social Security benefits.
• A reverse mortgage could affect your ability to qualify for other need-based government programs such as Medicaid or Supplemental

Security Income (SSI). If you think you may need one of these programs in the future it is a good idea to discuss this with a benefits specialist to make sure your eligibility will not be compromised.

• Proceeds of a reverse mortgage loan or line of credit can never be used for investment purposes.
• When you bunch mortgage interest with a reverse mortgage, and pay the mortgage interest back, only the mortgage interest and origination fee are generally deductible. Some of the other fees that have been added to the loan (i.e., nondeductible closing costs) that are not tax deductible will also likely have to be paid at the same time in order to secure the bunched-up mortgage interest deduction.

Considerations
• Many people assume that the reverse mortgage is a loan of last resort. I would submit to you that it can be a strong and flexible financial tool for many retirees.
• If you just can’t stomach the thought of a reverse mortgage because it has too many negative connotations for you, that’s OK. They are not for everyone.
• There are financial reasons not to use one. I am old enough to use one, but I don’t want to give up my 2.5% mortgage interest rate on my 15-year mortgage. I can afford the payments. It makes a lot of sense to keep my current mortgage at such a low interest rate.
• I have seen multimillionaires use a reverse mortgage with great success. You are not too wealthy to use a reverse mortgage for many reasons.
• I have seen people who could have benefited greatly from a reverse mortgage look into it, only to be talked out of it by their greedy children. Be aware of conflicts of interest.
• If you die with a reverse mortgage your children do not have to pay the loan off immediately. They will have to list the house for sale and will usually get six months to sell it and pay off the loan. They may also be given two optional three-month extensions if requested timely.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️Chapters & What You’ll Learn:
00:00 Introduction & Guest Welcome
01:17 Reverse Mortgage Requirements
07:59 Challenges & Equity Considerations
09:01 Financial & Tax Benefits
10:40 Misconceptions & Legacy Planning

We begin by laying out the basic requirements to qualify for a reverse mortgage. Rob explains that homeowners must be at least 62, own their primary residence, have enough equity, and prove they can cover ongoing costs like taxes, insurance, and maintenance. He clarifies that only one spouse needs to be 62, a change that protects surviving spouses—a major improvement that came after issues in earlier versions of the product.

Rob dives into how the industry learned from past mistakes, adding important safety features and FHA protections to keep homeowners secure. We explore the difference between qualifying the homeowner and the home itself. He breaks down what types of properties qualify—from single-family homes to condos—and what requirements must be met, like permanent foundations for manufactured homes and FHA-approved condo lists.

One key point we dig into is how reverse mortgages eliminate house payments, freeing up cash flow. Bruce points out how this can help retirees reduce taxable income by lowering the need to draw from IRAs, which can prevent them from triggering higher Medicare premiums through IRMAA penalties. Rob explains that many clients use this tool to improve cash flow, extend their portfolio longevity, and create more flexibility in retirement spending—whether it’s travel, visiting family, or home improvements.

We address common myths that persist today: the fear that banks take the house, the notion that reverse mortgages are too expensive, and the misconception that kids get left with nothing. Rob debunks these clearly, noting that reverse mortgages are nonrecourse loans and are safer than many people think. He stresses that cash or life insurance often make for a better legacy than home equity alone.

This first part sets up the second half of our series, where Bruce plans to unpack the tax side of reverse mortgages in more detail. We wrap up by reminding listeners that leveraging home equity wisely can protect cash flow, minimize taxes, and preserve wealth for future generations when done thoughtfully and safely.

Rob's Contact Info:
Email: RobK@home.com
Phone: 602-361-1587
Website: https://robkanyur.com/

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️Chapters & What You’ll Learn:
(00:00 - 00:10) – Introduction & Misconceptions
(02:20) – What Is the Senior Deduction?
(05:52) – Income Thresholds & Phaseouts
(08:16) – Duration & Sunset Provision
(11:36) – Planning Strategies & Roth Conversions
(20:22) – Practical Guidance & Closing

We discuss how the Senior Deduction works. Starting in 2025 and running through 2028, taxpayers age 65 and older can claim an additional $6,000 deduction per person — on top of the standard deduction. For a married couple both over 65, that’s an additional $12,000. When paired with the standard deduction, eligible couples can shield up to $46,700 of income from taxation. However, the deduction begins phasing out at $150,000 of modified adjusted gross income (MAGI) for joint filers and phases out entirely at $250,000. For single filers, the phaseout begins at $75,000 and ends at $175,000.

We walk through examples showing how this deduction impacts taxable income and demonstrate the real tax savings potential for couples near or below the income thresholds. However, for those with higher incomes or large IRA balances, we emphasize that tax planning remains critical. Just taking the deduction without looking at the big picture could be shortsighted.

Next, we explore how this temporary deduction fits into our ongoing strategy of moving to tax-free retirement income. Even with the new deduction, the long-term question remains: will tax rates go up in the future? We believe they will, given underfunded Social Security and Medicare programs, ballooning national debt, and interest obligations. That’s why we still recommend Roth conversions, especially for those with large pre-tax IRA balances. Using bracket management, clients can strategically convert funds into Roth IRAs while minimizing taxes and keeping income within the deduction thresholds.

We provide real-world examples of how strategic conversions today — even if they temporarily increase tax — can provide long-term protection from potentially higher future tax rates. We also show how those who’ve already moved to tax-free strategies are positioned to benefit fully from the Senior Deduction while minimizing taxable income.

Ultimately, the key message is clear: the Senior Deduction is helpful, but it’s no substitute for a long-term tax plan. The benefits vary widely depending on your income, age, and account types. To truly take advantage of the bill and prepare for the future, every individual or couple needs a tailored tax strategy.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️Chapters & What You'll Learn
(00:00) Intro & Updates Overview
(00:39) New 1099-R Reporting for QCDs
(06:52) Why Form 8606 Matters for IRA Basis
(09:48) The One-Rollover-Per-Year Rule Explained
(12:48) Catastrophic Mistakes to Avoid
(17:07) Closing Thoughts & How to Get Help

We start with updates to Form 1099-R, particularly how it now includes specific codes to identify Qualified Charitable Distributions (QCDs). For years, these weren’t clearly reported, and many taxpayers were unknowingly taxed on charitable gifts from their IRAs. Now, codes like 7, 4, and K will help distinguish between standard distributions, inherited IRAs, and alternative asset IRAs. We emphasize the importance of notifying your tax professional even with these new codes, and we recommend completing QCDs early in the year to avoid confusion with required minimum distributions (RMDs).

Next, we highlight the critical role of IRS Form 8606 in tracking the basis in IRAs, especially when nondeductible contributions are involved. Filing this form annually ensures that when distributions occur, the IRS has a current record of your cost basis. Without this, you could be taxed on amounts that should be non-taxable. Even if no contributions or conversions are made, we advise clients to file this form to maintain a consistent paper trail and protect their tax-free amounts.

Lastly, we cover the “one rollover per year” rule. This rule applies on a rolling 12-month basis—not a calendar year—and breaking it can trigger catastrophic tax consequences, including making an entire IRA taxable. We stress that rollovers should always be handled via trustee-to-trustee transfers. Bruce cites a costly real-world example from the Ed Slott conference where a misunderstanding led to a client facing taxation on a $3 million IRA. We also clarify which types of transfers are exempt from the one-per-year rule, such as 401(k) to IRA rollovers and Roth conversions.

You should always avoid costly mistakes by working with experienced professionals, and ensure your documentation is current. For those seeking guidance, we’re available in both Prescott and Scottsdale, and online at hoslerwm.com.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://amzn.to/4msRo2k

⏱️Chapters & What You'll Learn
(00:00) – Intro & Overview
(00:36) – Crypto & Blockchain
(04:18) – Artificial Intelligence & Energy Demand
(10:08) – Robotics & Rare Earths
(14:37) – Tech Leaders & Futuristic Innovations
(19:24) – Private Equity, Small Caps & Biotech

We start with the seismic shift in crypto regulation. With Congress formally legalizing cryptocurrency and integrating it into ETFs, crypto is moving from the “wild west” into mainstream finance. Blockchain's impact is broader than just currency—it’s improving transaction verification, influencing trade settlement times, and applying to diverse industries from AI to video editing.

We then shift into AI, where demand for electricity is becoming a bottleneck. Companies like Meta and Microsoft are securing direct energy contracts to meet data center needs. AI isn’t just about smarter software—it requires immense infrastructure: chips, cooling, and power. We highlight opportunities in chipmakers like Nvidia and AMD, and also the buildout of data centers here in Arizona. This buildout feeds into energy infrastructure, where we see big gains in natural gas, nuclear, and companies like GE Vernova and SMR (Small Modular Reactors) powering future data needs.

Robotics is our next theme, with Tesla potentially evolving from a car company to a robotics leader with its Optimus project. This convergence of AI and robotics has global competition, especially from China, and massive implications for labor, logistics, and manufacturing.

From there, we examine the need for rare earth elements. With global tensions high and countries protecting their resources, we discuss U.S.-based mining opportunities, spurred in part by Department of Defense investments. These materials are essential for electric vehicles, data centers, and defense technology.

We address whether the “Magnificent Seven” tech companies are overvalued. Our view: as long as earnings justify valuation, these giants like Nvidia, Meta, and Amazon remain vital drivers of innovation and should not be overlooked.

Futuristic transport is becoming real with all-electric vertical takeoff and landing (EVTOL) aircraft gaining traction in the Middle East. These technologies could reshape how goods and people move in the near future. Similarly, space tech is rapidly commercializing, thanks largely to SpaceX, where launch costs have plummeted. This opens up investment in satellite internet, low-orbit manufacturing, and even space tourism.

Private equity and debt also stand out, as companies stay private longer. Accredited investors can now access high-return opportunities not tied to public markets, offering valuable diversification. And with a potential rate cut coming, we’re watching small-cap companies. When rates drop, smaller firms benefit from cheaper capital and tend to outperform, especially those with strong earnings and low debt.

Finally, we explore biotech, where innovation continues despite political pressure. From GLP drugs to DNA-level manipulation, we expect a wave of new treatments and products coming to market before the decade ends.

As always, our team is tracking these themes, evaluating them with caution, and looking for opportunities that align with client goals. We believe 2025 could be a transformative year for forward-thinking investors.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://www.amazon.com/dp/B0CY2XP8CD 

⏱️ Chapters & What You'll Learn
(00:00) Introduction and Welcome
(00:31) Defining a Second Home
(01:57) Tax Implications of Selling a Second Home
(03:53) Understanding Long-Term vs Short-Term Capital Gains
(09:47) Selling a Rental Property
(18:40) Conclusion and Contact Information 

We explain how the cost basis for a second home is determined, including the original purchase price and improvements, excluding maintenance and repairs. If owned for more than a year, the property qualifies for long-term capital gains treatment, with rates of 0%, 15%, or 20%, depending on taxable income. We stress the importance of tax planning here—timing the sale or utilizing installment sales could result in substantial tax savings, especially for those with minimal other taxable income.

We then transition to rental properties, which come with their own set of tax considerations. These properties allow for depreciation deductions, which can significantly offset rental income. However, we warn about depreciation recapture when the property is sold. We also emphasize the importance of proper legal structuring—typically using an LLC for each rental property, ideally owned collectively by a revocable living trust—to shield personal assets from liability.

We explain benefits of 1031 exchanges for deferring taxes when selling rental properties, and how community property laws in states like Arizona can offer a full step-up in basis upon the death of a spouse, potentially eliminating capital gains tax altogether. For those tired of active property management, we introduce Delaware Statutory Trusts as a way to earn passive income while avoiding common landlord headaches.  We can't get into detail on DST's in this podcast, but we are happy to chat with you about them offline.

We close with a caution about trying to game the system. The IRS can and does verify how properties are used, whether that's primary vs secondary residence OR secondary residence vs rental property. The IRS has done this through looking at cell tower data and utility usage. It’s critical to properly classify your real estate from the start to avoid future tax trouble.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

📚 Get Bruce’s Book: Moving To Tax-Free (on Amazon) https://www.amazon.com/dp/B0CY2XP8CD

📍 Chapters & What You'll Learn
(00:00) – Selling Your Primary Residence: Key Considerations
(01:35) – Cost Basis & Section 121 Exclusion
(03:23) – Widow’s “Gotcha” & Step-Up in Basis
(07:24) – Mortgage Decisions & Reverse Mortgages
(10:15) – Sell vs. Rent: The Four Ts
(11:47) – Insurance, 1031 Myths & Market Trends

We start by breaking down title options: from revocable living trusts to joint tenancy and tenants in common. Bruce emphasizes that adding children to a home’s title to avoid probate is a common mistake. Instead, in community property states like Arizona, it's almost always better to hold the property inside a revocable living trust to preserve tax benefits and simplify estate transitions.

Jason walks us through how cost basis is calculated, emphasizing that purchase price and capital improvements count, but maintenance like landscaping does not. That leads into a discussion about the Section 121 exclusion, which allows homeowners to exclude up to $250,000 (single) or $500,000 (married) of capital gains if they've lived in the home for two of the past five years. We highlight a major “gotcha” related to this: widowed spouses may only retain the $500,000 exclusion for up to two years after their spouse's death, so timing the sale becomes critical.

We dive into the step-up in basis rules. In community property states, a surviving spouse can receive a full step-up in basis, which can eliminate capital gains if the property is sold after one spouse passes. This makes proper titling even more essential.

When asked whether to pay off the home before selling, Bruce says it depends on the interest rate—holding onto a low rate may be more beneficial. On reverse mortgages, Jason calls them a “Swiss Army knife” of financial tools, valuable depending on the individual’s cash flow and retirement strategy, with proceeds being tax-free.

We also talk about the trade-offs of keeping a home as a rental. If it becomes a rental for more than two years, the Section 121 exclusion is lost. Jason reminds us of the "four Ts" of landlording: taxes, tenants, toilets, and trash, helping clients decide if rental property is worth the hassle and opportunity cost.  Jon shares an example of a friend who decided it wasn't.

Insurance is another key area. Bruce stresses the importance of umbrella liability insurance—inexpensive coverage that offers added protection. Jason warns that homeowner’s insurance is increasingly hard to obtain in fire- or flood-prone areas, making due diligence crucial when buying or selling.

Finally, we clarify that 1031 exchanges don’t apply to primary residences, only investment properties, and we wrap up by assessing the current market. It’s still a buyer’s market as of April 2025, but rate reductions could shift that dynamic.

In the next episode, we’ll cover selling second homes and rental properties.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

⏱️ Chapters & What You'll Learn
(00:00) – Intro & Overview
(01:05) – Why Taxes Are Likely to Rise
(03:03) – Who This Strategy Fits
(05:32) – The SECURE Act Problem
(06:46) – Parents’ Perspectives on Inheritance
(09:15) – Four Key Words: Tax-Free Income Stream
(10:38) – Asset Protection Benefits
(13:25) – Bringing It All Together

We begin with the foundational question: what do we believe about the future of taxes in the U.S.? Bruce argues, supported by projections around expiring tax cuts and entitlement program shortfalls, that taxes are likely to rise. This belief is central to the value of preemptively planning a tax-free legacy, especially given looming tax consequences associated with the SECURE Act and SECURE Act 2.0, which force IRA and Roth distributions within ten years after death—potentially hitting heirs during their highest earning years.

The heart of the two-generation plan is to carve off a portion—say 25% to 40%—of an estate and structure it to produce a tax-free income stream for life. This stream benefits parents during retirement and then shifts to their children, who receive an asset-protected, steady income instead of a lump sum. This structure helps prevent heirs from losing inherited wealth to taxes, divorces, bankruptcies, or lawsuits. It also ensures that a safety net is in place, one that could potentially keep children from ever being financially desperate.

Importantly, this strategy is flexible and isn't an all-or-nothing approach. The legacy plan is dialed up or down depending on a family's goals, financial position, and desired impact. It isn't suitable for everyone—especially those without substantial assets or those indifferent to the future financial burden on their heirs. But for families who care about asset protection, legacy continuity, and tax efficiency, it's a planning path worth considering.

We wrap by encouraging anyone interested to consult a professional. Bruce and Jason emphasize that true legacy planning requires coordination between legal, tax, and investment disciplines. For families who want to ensure their wealth benefits multiple generations without being eroded by taxes or liabilities, this approach offers clarity and control.

Bruce explains the concept in his book, which came out last year, Moving to Tax Free: https://movingtotaxfree.com/

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

⏱️Chapters & What You’ll Learn:
(00:00) Intro & Overview
(00:56) Qualified Charitable Distributions (QCDs)
(03:34) Donor-Advised Funds (DAFs)
(05:16) Best Ways to Leave Assets to Charity
(08:57) Common Mistakes & Tax Pitfalls
(12:35) Strategic Charitable Planning

We begin with Qualified Charitable Distributions (QCDs), which allow individuals over 70½ to donate directly from their IRA to a charity, up to $108,000 in 2025. This strategy provides a tax-free way to fulfill charitable goals while reducing taxable income. A new provision under SECURE Act 2.0 allows a one-time $54,000 QCD into a charitable remainder trust (CRT) or a charitable gift annuity, offering an income stream while ultimately benefiting a charity. This change provides flexibility for individuals seeking both income and charitable impact.

Next, we explain donor-advised funds (DAFs), a powerful tool for managing charitable giving. By contributing cash, securities, or other assets to a DAF, donors receive an immediate tax deduction while maintaining control over future distributions to charities. This approach allows individuals to donate highly appreciated assets without triggering capital gains taxes and can be used to engage family members in philanthropic decision-making. Importantly, DAFs do not require annual distributions, allowing funds to grow tax-free for future charitable giving.

When planning a charitable legacy, we emphasize the importance of proper beneficiary designations. IRAs and tax-deferred annuities are ideal for charitable bequests, as charities receive the full value tax-free. Naming a charity as a contingent beneficiary allows a surviving spouse to disclaim assets if they are financially secure, ensuring tax-efficient wealth transfer.

We also discuss common mistakes in charitable estate planning. Many attorneys simply include charitable gifts in a trust without considering tax-efficient alternatives. Instead, leaving tax-deferred accounts like IRAs to charities ensures maximum tax savings, while preserving tax-advantaged assets for heirs. Additionally, donating highly appreciated assets before death allows donors to secure a tax deduction and avoid capital gains taxes. Conversely, failing to sell depreciated assets before death results in a lost tax loss, underscoring the importance of strategic loss harvesting.

Finally, we stress the need for personalized planning. Charitable giving strategies vary based on individual circumstances, and tools like charitable remainder trusts (CRTs) and donor-advised funds can be tailored to meet both philanthropic and financial goals. Seeking professional advice ensures that charitable intentions are met in the most tax-efficient way.

In our next episode, we’ll explore the Two-Generation Tax-Free Legacy Plan, a strategy for preserving wealth across generations. To learn more or discuss your estate planning needs, visit Hosler Wealth Management or contact us directly.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

⏱️ Chapters & What You'll Learn
(00:00) – Intro & Estate Planning Overview
(01:37) – Tax-Advantaged Assets
(03:17) – Tax-Free Assets
(04:32) – Repositioning Assets for Tax Efficiency
(10:51) – Real Estate, Step-Up in Basis & 1031 Exchanges
(15:28) – Beneficiary Designations & Avoiding Probate

We start by distinguishing between tax-advantaged and tax-free assets. Tax-advantaged assets, like traditional retirement accounts (IRAs, 401(k)s, and 403(b)s), allow for tax-deferred growth but are taxed as ordinary income upon withdrawal. This can result in higher tax rates, especially when withdrawals are made in retirement. On the other hand, tax-free assets—such as Roth IRAs—offer significant advantages by eliminating federal, state, and capital gains taxes on withdrawals. However, certain investments, like municipal bonds, can impact Social Security taxation despite their tax-free status.

One way to convert taxable assets into tax-advantaged assets is through tax-deferred annuities. These allow for capital gains deferral, meaning taxes are only due upon withdrawal. Moreover, these tax-deferred annuities can continue to provide tax advantages even after the original account holder passes away. To transition tax-deferred accounts into tax-free assets, Roth conversions are a powerful strategy. By paying taxes upfront, investors secure tax-free growth and withdrawals for themselves and their heirs. Additionally, life insurance retirement plans (LIRPs) provide another alternative, allowing for tax-free income during retirement and tax-free wealth transfer to beneficiaries.

We also cover the importance of the step-up in basis, a tax rule that can eliminate capital gains taxes for heirs on inherited assets, particularly real estate. Real estate investors can also take advantage of 1031 exchanges to defer capital gains taxes while maintaining income-generating properties. Given Arizona's community property laws, properly titling assets in a revocable living trust ensures maximum tax benefits for surviving spouses and heirs.

Beneficiary designations are another crucial element of estate planning. Regardless of what is stated in a will, financial institutions usually honor the beneficiary designations on accounts like IRAs, 401(k)s, annuities, and life insurance policies. Properly structuring these designations, as well as using pay-on-death (POD) and transfer-on-death (TOD) instructions for bank and brokerage accounts, helps avoid probate and ensures a smooth wealth transfer.

We wrap up by emphasizing the importance of reviewing estate plans regularly to ensure they align with current tax laws and personal financial goals. If you're looking to optimize your estate and legacy planning, reach out to the Hosler Wealth Management team for expert guidance. Stay tuned for part five, where we’ll discuss charitable giving and legacy planning strategies.

*A life insurance retirement plan (LIRP) is a strategy that uses the cash value of a permanent life insurance policy to hold retirement assets. The policy must be properly structured and managed to avoid becoming modified endowment contracts; distributions from modified endowment contracts are subject to tax rules and penalties similar to non-qualified annuities. In addition, withdrawals, and loans plus interest on them, lower both the cash value and the death benefit.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

⏱️Chapters & What You’ll Learn:
(00:00) – Introduction & Purpose of Asset Titling
(01:00) – IRAs, Joint Accounts & Community Property Pitfalls
(04:00) – Trusts: Avoiding Probate & Maximizing Tax Benefits
(05:40) – Brokerage Accounts & Funding the Trust
(09:10) – Assets to Include vs. Exclude from a Trust
(12:50) – Closing Thoughts & Contact Information

One common issue we see is with married couples who assume their assets should always be jointly owned. While joint ownership works in many cases, certain assets, like IRAs, must remain in an individual's name. Instead of joint ownership, the key is to designate the spouse as the primary beneficiary, allowing them to roll over the IRA upon death while maintaining tax benefits.

Another crucial factor is understanding community property laws. Arizona, along with eight other states, offers unique tax advantages through community property rules. If a couple holds a property as joint tenants instead of in a community property trust, they may only receive a partial step-up in basis upon the first spouse’s passing. This could lead to significant capital gains taxes if the surviving spouse sells the home. By properly titling the property, they can eliminate unnecessary tax burdens.

We also discuss the importance of utilizing trusts. While some attorneys argue that trusts are unnecessary for estates below the federal estate tax threshold ($13.6 million per person), we believe that avoiding probate and ensuring a full step-up in cost basis outweighs any minor costs involved in setting up a trust. Trusts also provide a streamlined way to manage multiple financial accounts and ensure consistent distribution to heirs.

Improper titling is a common mistake, particularly with joint brokerage accounts. If a highly appreciated investment portfolio is held jointly, the surviving spouse only receives a half step-up in basis rather than a full step-up. This can be avoided by transferring the account into a trust. We frequently guide clients through these changes, ensuring their financial plans align with their long-term goals.

Of course, not all assets belong in a trust. Cars, for example, are best kept in an individual’s name to simplify insurance and liability issues. For day-to-day checking accounts, adding a "payable on death" (POD) or "transfer on death" (TOD) designation is often sufficient. Even the DMV now allows for beneficiary designations on vehicle titles, making it easier to pass on assets without probate.

On the other hand, primary residences, rental properties, business ownership interests, and taxable investment accounts should generally be titled in a trust. This ensures that upon death, these assets pass seamlessly to heirs without court intervention. For business owners, holding an LLC in a trust is an effective way to protect the business’s value and avoid unnecessary taxes for the surviving spouse.

Personal assets like collectibles, gold, firearms, and artwork can also be included in a trust. If these items hold significant value, listing them in trust schedules ensures they go to the intended beneficiaries without legal complications. We even assist clients in setting up specialized trusts, such as gun trusts, for properly transferring firearms.

Ultimately, proper titling and estate planning can prevent costly mistakes and unnecessary stress for heirs. If you're unsure whether your assets are structured correctly, it’s never too late to make adjustments. At Hosler Wealth Management, we work closely with attorneys to ensure trusts are properly funded and structured for maximum benefit.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

⏱️Chapters & What You'll Learn:
(00:00) – Introduction & Importance of Beneficiary Designations
(01:20) – Types of Accounts with Designations
(02:30) – Mistakes to Avoid & Real Examples
(04:00) – Primary, Contingent & Tertiary Beneficiaries Explained
(06:30) – Trusts vs. Individuals & Charitable IRA Strategies
(10:50) – Tertiary Beneficiaries, Probate Protection & Closing

We emphasize the importance of keeping these designations up to date. Failing to update them can lead to unintended outcomes, such as an ex-spouse inheriting an account despite a revised will or trust. Some exceptions exist, like certain IRA agreements that automatically replace an ex-spouse with a current spouse, but generally, financial institutions will follow the beneficiary form as written.

We also discuss cascading beneficiary designations, where assets flow through a primary, contingent, and tertiary beneficiary structure. This setup allows for flexibility, such as a surviving spouse disclaiming an inheritance in favor of children or grandchildren, ensuring assets go where they are most needed. This approach also allows for strategic tax planning, particularly when including charitable organizations. A charitable IRA, for example, enables tax-efficient giving by directing pre-tax retirement funds to a nonprofit, avoiding income taxes on those assets.

Additionally, we cover why individuals, rather than trusts, should generally be named as beneficiaries of retirement accounts. Trusts often force distributions on a shorter timeline, increasing tax burdens. However, naming a trust as a tertiary beneficiary can serve as a backup plan to prevent probate if all primary and contingent beneficiaries pass away simultaneously. This strategy avoids delays, public scrutiny, and creditor claims against the estate.

Finally, we stress the importance of working with knowledgeable advisors to structure beneficiary designations properly. Not all custodians or advisors offer the level of detail needed to maximize financial and tax benefits. To ensure proper planning, we encourage regular reviews of beneficiary designations and consultation with qualified professionals.

For those wanting more guidance, Hosler Wealth Management can be reached at hoslerwm.com or by phone at (928) 778-7666 in Prescott and (480) 994-7342 in Scottsdale.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

⏱️Chapters & What You'll Learn:
(00:00) – Intro & Why Beneficiary Designations Matter
(00:36) – IRAs & Rules on Ownership
(02:25) – Common Mistakes: Divorce & Outdated Beneficiaries
(03:47) – Primary, Contingent & Tertiary Beneficiaries
(07:57) – Roth IRA Conversions & Secure Act 2.0 Rules
(11:30) – Annual Reviews, Charitable Strategies & Closing

I emphasize the nuances of Individual Retirement Accounts (IRAs), particularly their "individual" nature and the implications of beneficiary designations. Primary beneficiaries, usually spouses, receive unique advantages, such as the ability to roll over an IRA into their name and defer Required Minimum Distributions (RMDs) based on their age. Contingent beneficiaries, often children or grandchildren, are next in line, while tertiary beneficiaries—commonly overlooked—provide an additional layer of security to ensure assets avoid probate in unexpected situations.

We also discuss the potential pitfalls of outdated designations, such as an ex-spouse unintentionally remaining a beneficiary. Jason, Alex, and I stress the importance of regularly reviewing and updating these designations to reflect life changes, like marriages, divorces, or the addition of new family members. Naming individual beneficiaries is generally preferable to designating trusts, as it simplifies the transfer process and helps avoid complications that could lead to unintended tax consequences.

A key focus is the tax implications of inherited IRAs. Under the Secure Act 2.0, non-spousal beneficiaries must withdraw all funds from an inherited IRA within ten years, which may occur during their highest earning years, resulting in significant tax burdens. Converting traditional IRAs to Roth IRAs during the owner's lifetime can help mitigate this, ensuring heirs receive funds tax-free. However, beneficiaries cannot convert inherited IRAs, highlighting the importance of proactive planning.

We conclude with advice on leaving IRAs to charities as part of tertiary beneficiary planning. This strategy allows families to avoid taxes on inherited IRA funds while supporting philanthropic goals.

Regularly reviewing beneficiary designations is essential, as it allows adjustments without the need to amend trusts or incur additional costs. With thoughtful planning, beneficiary designations can ensure wealth is preserved and transferred efficiently, aligning with the owner's wishes and minimizing potential tax burdens.

Disclosure: Ed Slott's Elite IRA Advisor Group is a private IRA study group of professional financial advisors.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We talk about the importance of being ready for this transition. Will your heirs be prepared to manage your wealth? Will it be protected or lost to taxes, poor decisions, or unforeseen circumstances like inflation or bad marriages? These are tough questions but answering them now ensures your legacy is preserved.

One tool we highlight is the revocable living trust, which is especially useful in community property states like Arizona. It avoids probate, simplifies financial management, and offers significant tax advantages. For example, it can protect a surviving spouse from hefty capital gains taxes by ensuring a step-up in basis for both halves of jointly owned property. Plus, it lets a successor trustee manage your finances if you’re incapacitated.

Of course, a Trust isn’t the whole story. We also explain why a will is crucial, especially for naming guardians for minor children. Other must-have documents include Durable Financial and Healthcare Powers of Attorney to manage your affairs if you can’t manage them, a Living Will to clear your end-of-life wishes, and Arizona’s unique Mental Healthcare Power of Attorney. This last one is significant for situations involving dementia or other mental health challenges, ensuring your family can advocate for you without needing costly court intervention.

We wrap up by discussing how to title your assets correctly to avoid probate and protect them from unnecessary risks. Whether you put real estate into your trust or use Arizona beneficiary deeds, these decisions are key to preserving your estate. Mistakes like retitling retirement accounts into a trust can lead to unintended taxes, so getting professional advice is critical.

Download our Estate Legacy & Beneficiary Planning document, which is included for your benefit and to help you follow us in this six-part series.

This series is relevant to everyone over 18 and emphasizes the importance of being prepared. In our next episode, we’ll discuss beneficiary designations, but feel free to reach out with any questions in the meantime.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We begin by discussing the benefits of community property laws in states like Arizona, where spouses can receive a step-up in cost basis upon one spouse's death, reducing the tax burden on appreciated assets. 

Next, we examine exchange funds as an option for diversifying concentrated stock holdings. By contributing a stock position to an exchange fund, investors can gain exposure to a diversified portfolio, such as the S&P 500, without triggering capital gains taxes. After a set period, the investor can retrieve their original stock or maintain diversified holdings. This strategy, however, requires the investor to meet "Qualified Purchaser" qualifications, which includes having a net worth of $5 million. While exchange funds provide diversification, they will not protect against broad market declines. Investors must remain in a fund for at least seven years before redeeming shares, and those who leave prematurely may face penalties and only receive their original shares back.

For broader tax efficiency, we discuss direct indexing, which enables investors to hold individual stocks within an index, like the S&P 500, and harvest tax losses from underperforming stocks to offset gains from concentrated positions. Over time, this allows for a gradual reduction of concentrated positions without significant tax liabilities. Similarly, unified managed accounts (UMAs) combine individual stocks, ETFs, and mutual funds in a diversified, tax-efficient portfolio, enabling strategic loss harvesting and active management.

Charitable giving also serves as an impactful tool for managing appreciated stock positions. Donating stock to a *donor-advised fund, for instance, allows investors to receive a tax deduction on the appreciated value, which they can use to offset other income. Additionally, charitable lead and remainder trusts provide income benefits and deductions, with the added impact of supporting charities over time.

By implementing these strategies, investors can navigate the complexities of concentrated stock positions, achieving tax efficiency and diversification. For more personalized advice, listeners are encouraged to reach out to Hosler Wealth Management for guidance tailored to their unique financial circumstances.

* Generally, a donor-advised fund is a separately identified fund or account that is maintained and operated by a section 501(c)(3) organization, which is called a sponsoring organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it; however, the donor, or donor’s representative, retains advisory privileges with respect to the distribution of funds and the investment assets in the account. Donors take a tax deduction for all contributions at the time they are made, even though the money may not be dispersed to a charity until much later.

This material is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.

Diversification does not assure a profit or protect against loss in declining markets, and diversification cannot guarantee that any objective or goal will be achieved.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We begin by analyzing the Federal Reserve's approach to interest rates amidst strong consumer spending and near full employment. While a potential rate cut may occur in December 2024, higher rates could persist in early 2025, impacting sectors like housing. The conversation touches on how existing low mortgage rates dissuade homeowners from selling, contributing to reduced housing supply and elevated home prices.

On tax policy, we examine the possible extension of the Tax Cuts and Jobs Act through reconciliation. This could lock in current rates until 2028, providing a window for strategies like Roth conversions. We stress the importance of maximizing tax efficiency, particularly for retirees with tax-deferred accounts, while acknowledging the looming challenge of the national debt, which now incurs over $1 trillion in annual interest.

The creation of a Department of Government Efficiency, led by Elon Musk, sparks hope for addressing budget deficits and wasteful spending. Musk’s private-sector expertise could drive cost reductions using methods like AI implementation, potentially easing the federal debt burden over time. However, this remains speculative as we await tangible outcomes.

We also address the potential risks and rewards of Trump’s tariff policies. Tariffs may incentivize domestic production but could lead to short-term disruptions and higher costs. Combining these tariffs with initiatives to bolster American self-sufficiency and technology, however, could benefit the economy in the long run.

Immigration policy is another focal point. We discuss how stricter enforcement and deportations might affect sectors dependent on immigrant labor, potentially leading to higher consumer prices. Some undocumented individuals may opt to self-deport to preserve their ability to re-enter legally. This approach balances enforcement with the recognition of immigrants’ economic contributions.

In conclusion, while Trump’s second term offers opportunities for economic growth and reform, significant uncertainties remain. We emphasize proactive financial planning to navigate potential tax changes, interest rate shifts, and broader economic trends.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We explain the concept of a "melt-up," in which rising asset prices are driven by the fear of missing out and the reallocation of sidelined capital. We explore the broader market implications, suggesting diversification as essential for navigating an environment where gains have been concentrated in a handful of tech giants—the "Magnificent Seven."

We also anticipate a market broadening in 2025, encouraging a shift towards other growth-promising sectors. Inflation remains a persistent concern, which we address from multiple angles. While increased oil production may help temper fuel costs, broader inflationary pressures, such as rising energy demand driven by AI infrastructure and housing shortages, pose significant challenges. Building adequate global infrastructure to support AI's growth requires long-term investment in utilities and materials like timber, which keeps costs high. Trump's policies aim to tackle inflation, but their success will depend on reducing government spending and addressing structural economic demands.

Don’t miss What To Expect From Trump's Second Term – Part 2, of this discussion where we delve deeper into these themes and address listeners' questions about the economic outlook for Trump's second term.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

The conversation begins with Bruce explaining the updated requirements for trusts designated as IRA beneficiaries. Previously, the law mandated that documentation, including copies of the trust, be provided to IRA custodians by a set deadline after the IRA owner's death. Under SECURE Act 2.0, however, this requirement has been relaxed. Now, instead of submitting full documentation, the trustee only needs to provide a list of beneficiaries and the conditions of their entitlement. For trusts listed as IRA beneficiaries, documentation requirements have been removed entirely, simplifying the process significantly for trustees.

Alex follows by highlighting the second key update, which allows for separate accounts in trusts under certain conditions. Previously, IRA owners could not allocate separate accounts for multiple beneficiaries within a single trust. This limitation meant that multiple beneficiaries inheriting through a trust would share a single account. With the new rules, separate accounting is now permissible for see-through trusts under specific conditions, including those for beneficiaries with special needs. This change allows beneficiaries within a trust to inherit assets based on their own life expectancies, potentially stretching the distributions over a longer period.

Bruce then describes a third important change concerning Required Minimum Distributions (RMDs) for inherited IRAs within trusts. Previously, all beneficiaries of a trust would have to follow the distribution schedule based on the oldest beneficiary’s age, limiting flexibility. Now, the new regulations permit RMDs to be calculated separately for each individual beneficiary based on their own life expectancy, offering potential tax advantages and allowing younger beneficiaries more flexibility in managing distributions.

Throughout the episode, Bruce and Alex underscore the importance of consulting professionals to navigate these complex changes. While these new rules provide increased flexibility and potential tax benefits, they also demand a precise understanding of IRA and trust structures, especially for those with multiple beneficiaries. For anyone affected by these changes, they stress the value of working closely with wealth management professionals who understand both the regulatory landscape and individual client needs.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Bruce explains that a donor-advised fund allows individuals to donate highly appreciated assets—like stocks, real estate, or even collectibles—without triggering capital gains taxes. For example, if you've held Apple stock for years and it’s gained significantly in value, rather than selling it and paying hefty taxes, you can donate that stock to a DAF. You receive a tax deduction based on the fair market value of the stock and can direct how those funds are distributed to charities over time, rather than in one lump sum. This flexibility is a major advantage for those who want to spread their giving across multiple years or charities.

Jason elaborates on the ability to involve family members in charitable giving through DAFs. Not only can children participate in distributing funds, but they can also continue to manage the fund after the donor has passed away, allowing the family’s philanthropic legacy to live on.

One major tax benefit highlighted is the ability to use a large donation to a DAF to offset income from Roth conversions. By contributing appreciated assets to a DAF, donors can take a significant deduction in the same year they perform a Roth conversion, helping to balance out the tax impact of converting pre-tax retirement funds into a Roth account.

We also on recent proposed regulations that could have restricted financial advisors from managing DAFs. Fortunately, due to industry pushback, it appears these regulations will be reconsidered, allowing advisors to continue assisting clients with their DAFs as part of a comprehensive financial plan.

This episode is essential listening for anyone looking to enhance their charitable giving while maximizing tax benefits, especially as the end of the year approaches. The team at Hosler Wealth Management emphasizes that donor-advised funds are not just about tax savings, but also about creating a long-lasting charitable legacy, involving family in the process, and supporting causes that matter.

Disclaimer: Generally, a donor-advised fund is a separately identified fund or account that is maintained and
operated by a section 501(c)(3) organization, which is called a sponsoring organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it; however, the donor, or donor’s representative, retains advisory privileges with respect to the distribution of funds and the investment assets in the account. Donors take a tax deduction for all contributions at the time they are made, even though the money may not be dispersed to a charity until much later.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We start by addressing the complexities surrounding Medicare enrollment for individuals turning 65. Bruce highlights a key nuance: while it may sometimes be beneficial to stay on a company’s health plan, particularly if it's cheaper, there’s a catch. If you’re on a high-deductible health plan, it may not offer “credible coverage” for Medicare Part D, which covers prescription drugs. If you miss getting a Part D plan, you could face costly penalties later. The message here is to ensure you’re covered, even if you delay Medicare enrollment.

Alex introduces one of the biggest changes coming in 2025: a new cap on out-of-pocket Part D drug expenses, set at $2,000 annually. This reform eliminates the confusing "donut hole" many have faced in recent years, where prescription costs shift dramatically at certain thresholds. While this is a win for those with high prescription costs, Bruce and Alex emphasize the importance of regularly reviewing Medicare Advantage plans, as changes to drug formularies, premiums, and deductibles could affect out-of-pocket costs.

Bruce stresses that regular Medicare typically offers more flexibility in choosing specialists or medical facilities, like the Mayo Clinic, whereas Medicare Advantage plans can be restrictive. This is crucial for those considering future healthcare needs, as Medicare Advantage may not cover all specialists or provide access to top-tier care.

The episode wraps up by discussing the expansion of mental health services under Medicare, starting in 2025. More providers, including mental health counselors and addiction specialists, will be covered, reflecting a growing recognition of the importance of mental health care in retirement.

Overall, this episode is a must-listen for anyone navigating Medicare, providing clear guidance on how to avoid penalties, manage drug costs, and ensure access to the best care as these changes roll out.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Our conversation delves into the details of Roth's conversions, highlighting people's common misconceptions.  Alex notes that there are no age or income restrictions on who can convert their IRA to a Roth.  Even wealthy individuals like Bill Gates could convert if they wished.  We discuss how spouses can inherit Roth IRAs with no required minimum distributions (RMDs), which allows them to let the account grow tax-free for the rest of their lives.  Upon the spouse's death, the Roth IRA can pass to the children, who must distribute it within ten years, but still tax-free.

I  break down the changes brought by the SECURE Act, which eliminated the "Stretch IRA" rule for most non-spousal beneficiaries, including adult children.  Instead, inherited IRAs must now be fully distributed within ten years, which can create significant tax implications.  I stress the importance of eligible designated beneficiaries—such as spouses, minor children, and disabled individuals — only they can stretch the IRA distributions over their lifetimes.

The key takeaway is simple: if you want your children to benefit from tax-free growth, you must convert your IRA to a Roth yourself.  This will empower you with the sole responsibility to secure your children's financial future.  Otherwise, they will be burdened with a traditional IRA and its tax obligations.  With tax rates potentially rising in the future, converting now at lower rates could save your heirs from paying much higher taxes later.  The message is clear: plan early and wisely to preserve wealth for future generations, providing a sense of relief and security.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

The rationale behind this change is to ensure the IRS receives its share of taxable income more quickly, as opposed to waiting decades under the stretch IRA framework. This shift in perspective also means that the IRS no longer views the passing of retirement savings to the next generation as something that should be drawn out over time.

We also explore the nuances of the required beginning date for RMDs, which has been extended to age 73. However, clients are advised to start taking distributions IN the year they turn 73 rather than waiting until the following year to avoid doubling their taxable income from this source. If an IRA owner dies before their RBD, no RMDs are required during the 10-year window. Still, the entire account must be distributed by the end of that period. Conversely, suppose the owner dies after their RBD. In that case, beneficiaries must continue taking RMDs based on their age, and any delays could result in substantial tax hits later on.

We stress the utmost importance of proactive planning, particularly for beneficiaries of large IRAs who may face significant tax burdens if they wait until the 10th year to withdraw funds. A million-dollar IRA, for example, could double in size, leading to a massive taxable distribution. To mitigate this, it’s often beneficial to take distributions gradually.

Finally, we touch on the benefits of Roth IRAs in this context: While Roth IRAs are also subject to the 10-year rule, they are not subject to RMDs during that time, allowing tax-free growth for the entire period. Beneficiaries should wait until the end of the 10 years to maximize tax-free withdrawals.

In conclusion, the new 10-year rule presents challenges, but with careful planning, including the strategic use of Roth IRAs, beneficiaries can still preserve wealth efficiently. For personalized advice, we encourage listeners to reach out to Hosler Wealth Management.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We discuss the implications of this change and the urgency for individuals to update their estate planning strategies. Jon Linford explains that the estate tax is a substantial 40% on amounts above the exemption, making it critical for those with sizable estates to act before the exemption decreases. With the upcoming elections and potential legislative changes, uncertainty looms over what the final tax laws will be. However, Linford emphasizes that waiting until 2025 to begin planning could be too late, as advanced strategies like gifting or setting up irrevocable trusts require significant time to implement.

Bruce highlights his recently published book, "Moving to Tax-Free™," which introduces the concept of "The Two Generation Tax-Free Legacy Plan."™  This strategy involves using a revocable trust that becomes a dynasty trust upon the parents' passing, protecting assets from lawsuits, divorce, or bankruptcy while potentially providing tax-free income to beneficiaries. Jon Linford elaborates on the flexibility and protection these trusts offer, ensuring that the legacy left to children is secure and adaptable to various circumstances.

Estate planning is not one-size-fits-all. Every situation is unique, and having a professional team in place is essential to create a plan that fits individual needs. Jon Linford urges listeners to be proactive in their planning to avoid leaving a burden on their loved ones.

Contact info for Jon Linford and Morris Trust: https://morristrust.com/

Phoenix: 602-249-1328 

Northern Arizona, 928-774-0333

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

The conversation centers on the benefits and nuances of setting up a living trust, particularly in Arizona. Jon emphasizes that while not everyone may need a living trust, it offers significant advantages, especially in avoiding probate—a costly, time-consuming, and public process. We discuss how a living trust simplifies real estate management, particularly when multiple beneficiaries are involved, as opposed to relying on an Arizona beneficiary deed, which can complicate matters when a property is left to multiple heirs.

Another critical topic is the proper titling of taxable investment accounts. Jon explains that by placing these accounts in a living trust, couples in Arizona can take advantage of the state's community property laws. These laws allow for a full step-up in basis upon the death of one spouse, potentially eliminating capital gains taxes on appreciated assets. Additionally, Jon highlights the importance of preparing for potential incapacity, noting that trusts can simplify financial management during such times, often more effectively than powers of attorney.

The discussion also covers the vital and critical role of healthcare documents in estate planning. Jon stresses the necessity of having a Durable Healthcare Power of Attorney and a Mental Healthcare Power of Attorney, which is particularly important in Arizona. These documents prevent the need for costly and public guardianship proceedings, ensuring that the appointed agent can make timely healthcare decisions. Jon also shares insights on the challenges posed by outdated powers of attorney and the importance of keeping these documents current!

We also discuss the growing importance of addressing digital assets in estate planning as the digital age advances. Jon advises clients to ensure their legal documents grant access to digital accounts and assets and to consider using password managers or other secure methods to share access with trustees. We touch on the complexities of managing cryptocurrency in estate plans, highlighting the need for careful planning to ensure heirs can access these assets.

This episode provides valuable insights into the essential elements of estate planning, offering practical advice on how to protect assets and ensure a smooth transfer of wealth. Jon Linford's expertise combined with my 27+ years as a wealth manager offer listeners a clear understanding of why careful estate planning is crucial, especially in today's complex financial landscape.

Contact info for Jon Linford and Morris Trust: https://morristrust.com/

Phoenix: 602-249-1328              Northern Arizona: 928-774-0333

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Jason points out the delicate balance the Fed must maintain between controlling inflation and supporting economic growth. Interest rates are expected to remain high for an extended period, gradually decreasing over the next few years. We discuss the historical context of interest rates, noting that current rates, though high in the short term, are still relatively low compared to past decades.

The conversation shifts to public versus private equity. Bruce explains that there are fewer than 6,000 publicly listed companies, while private companies number around 6 million. Investing in private equity offers opportunities for growth and diversification, often independent of public market fluctuations. Jason adds that private equity investments can provide significant returns due to their unique growth cycles and management strategies.

We also address the impact of the Federal Reserve's interest rate hikes on the stock market. Despite higher rates, the market has performed well historically during such cycles. As the Fed lowers rates in response to economic conditions, businesses will need to adapt to maintain profitability.

The discussion touches on the current employment landscape, with tech companies laying off employees and shifting work-from-home policies. This belt-tightening reflects broader economic concerns and impacts consumer confidence, which remains lower than pre-COVID levels overall. Political affiliation also influences consumer sentiment, with conservatives generally more pessimistic about the economy at present.  This does track with historical data: the party NOT in the White House tends to have a more pessimistic view of the economy.

We conclude by emphasizing the importance of diversifying investments and the potential of private equity. Bruce remains optimistic about market prospects, especially with the ongoing advancements in AI technology. He encourages listeners to consider these factors in their financial planning.

Disclosure: Investing in alternative investments or private equity may not be suitable for all investors and involves special risks, such as risk associated with leveraging the investment, utilizing complex financial derivatives, adverse market forces, regulatory and tax code changes, and illiquidity. Investors in this asset class are usually required to commit significant capital for years, which is why access to such investments is generally limited to institutions and individuals with high net worth. There is no assurance that the investment objective will be attained.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

As of our recording date of July 2nd, the S&P 500 has impressively risen over 15%, currently standing at 5,495. Bruce explains that the price-to-earnings (PE) ratio is at 20.99, indicating a slightly higher but not alarming level compared to historical averages. Jason adds that a pullback is possible despite the market’s strong performance, though they remain optimistic about the market’s upward trend through the year’s end.

We delve into the resilience of major companies within the S&P 500, such as Nvidia, Apple, and Microsoft, collectively representing a significant portion of the index. Jason discusses how these companies’ consistent earnings and product demands are likely to sustain their growth, despite potential short-term pullbacks, providing a sense of stability to our investments.

Regarding annual returns and intra-year declines, Jason notes that typical market behavior includes pullbacks, even in strong years. This year’s largest drawdown is 5%, but overall, the market is up 15%. I emphasize the potential benefits of long-term investment strategies, suggesting that market volatility can be advantageous if investments are not sold prematurely, instilling a sense of optimism in our investment approach.

On consumer finances, Jason highlights signs of financial stress due to inflation, particularly for lower-income households. Despite this, household debt service ratios remain historically low at about 9.9%, indicating relative financial health compared to the past four decades.

However, savings rates are under 4%, a concerning drop from previous years. We stress the need for prioritizing savings as part of financial planning, noting that inflation and higher living costs are squeezing household budgets. By prioritizing savings, we can empower ourselves to navigate these financial challenges more effectively.

Inflation remains a significant issue, with ongoing impacts on various sectors, especially those sensitive to interest rates like real estate and finance. I point out that inflation is proving challenging to control despite the Federal Reserve’s high interest rates. Oil prices, for instance, are still rising, complicating efforts to stabilize the economy.

Interest rates influence investment strategies, shifting preferences within portfolios. Jason notes that higher interest rates can benefit fixed-income investments while still posing challenges for businesses and consumers. Companies are grappling with higher costs and interest payments, which affect profit margins and necessitate selective investment strategies.

As we wrap up part one of our midyear review, it’s clear that inflation and interest rates remain pivotal topics. We’ll continue this discussion in part two, examining additional financial trends and providing more insights for navigating the rest of 2024.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We begin with the importance of sourcing and engaging trusted advisors. A team consisting of a tax planner, financial planner, estate planning attorney, and wealth advisor is essential. These professionals help navigate the complexities of current and future tax laws, ensuring a comprehensive understanding of one's financial situation.

Next, we discuss the necessity of preparing a tax plan and calculating the ideal IRA to Roth IRA conversion amount. This step involves strategic planning to balance paying taxes now to reduce future tax liabilities. Factors such as age and the size of one's IRA play a significant role in determining the conversion amount.

For those required to take minimum distributions (RMDs), Bruce emphasizes taking these distributions early in the year to avoid complications with Roth conversions. This ensures a smooth transition and avoids IRS issues.

Making the actual Roth conversion is critical. Unlike IRA contributions, Roth conversions must be completed within the calendar year. Opening a Roth IRA, if one doesn't exist, and initiating the conversion process well before year-end is crucial to avoid last-minute issues.

We then explore the Life Insurance Retirement Plan (LIRP), which provides tax-free benefits and long-term care coverage. Each spouse should have a LIRP to ensure financial flexibility and tax-free withdrawals, especially important for estate planning and tax efficiency.

When paying taxes on Roth conversions, individuals under 59.5 years of age should use funds outside their IRA to avoid penalties. Those over 59.5 can pay directly from their IRA, which can be advantageous in managing tax obligations.

Creating a dynamic financial plan with the help of professionals is the seventh step. Unlike static plans, dynamic plans adjust to life changes and financial developments, much like a GPS providing real-time directions (as opposed to the old Rand McNally atlas). This adaptability is key to maintaining a tax-free retirement strategy.

Finally, the eighth step underscores the importance of a qualified wealth manager to implement and maintain the tax-free strategy. Professional guidance ensures that the plan is executed correctly, avoiding costly mistakes and unintended tax consequences.

Overall, these eight steps provide a structured approach to achieving a tax-free retirement, emphasizing the importance of professional guidance and strategic planning.

To view the whitepaper in its entirety, please visit Moving to Tax-Free: Eight Steps You Can Take for Success!

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

I explain that the Roth Stretch IRA was an ideal tool for wealth transfer, providing a tax-free, lifelong income stream for beneficiaries. With the new 10-year limit, the tax-free advantage diminishes significantly. Jason emphasizes that the rising national debt and projected increases in tax rates make the loss of this tool even more impactful, given the likely increase in taxes in the future.

To address this challenge, Jason and I also introduce the concept of "The Two Generation Tax-Free Legacy Plan."™  This strategy involves leaving a portion of one's legacy as a tax-free income stream for the children's lives while also protecting these assets from creditors, lawsuits, and divorces. This plan integrates various financial disciplines, including retirement income planning, tax planning, and risk management.

We highlight that this plan is particularly beneficial for families with more savings than they need for retirement and want to ensure their children are financially secure over their lifetimes. It provides a way to manage wealth transfer in a tax-efficient and protected manner, addressing both the financial needs and the potential behavioral tendencies of the heirs.

The conversation also touches on the psychological aspect of delayed gratification, likening it to the Stanford marshmallow experiment. The two-generation plan enforces delayed gratification by structuring the inheritance in a way that promotes long-term financial stability for the heirs rather than providing a lump sum that could be mismanaged.

In conclusion, Hosler Wealth Management offers valuable insights into adjusting estate planning strategies in light of legislative changes. They invite listeners to explore "The Two Generation Tax-Free Legacy Plan"™ and to contact Hosler Wealth Management for personalized advice.

To view the whitepaper in its entirety, please visit The Roth IRA is no longer the ideal wealth transfer vehicle.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Around $5 trillion is currently sitting in cash due to concerns over inflation and global uncertainties, not just the election. However, historically, the stock market has shown resilience and performed well during election years, with an average return of 11.6% since 1926. This data should instill confidence in the market's ability to weather political storms.

Alex explains that while the first half of an election year is typically weak, the second half often sees improvement. However, 2024 has been an exception, with a strong start driven by factors beyond the election. Despite potential volatility, we remain optimistic about the year's overall performance. This optimism should inspire a positive outlook in our audience.

We all agree that despite political tensions, investors must focus on long-term fundamentals rather than short-term market reactions. 

The conversation moves to why investors should consider allocating cash now. I explain that money market funds typically hold more cash during election years due to investor caution, but this strategy can lead to missed opportunities. With the S&P and NASDAQ up significantly in 2024, staying in cash could mean missing out on market gains.

When asked how Hosler Wealth Management positions client portfolios, Alex describes our pro-growth stance with a balanced approach that includes hedging strategies to protect against downside risks; I advise retirees to ensure their portfolios are inflation-adjusted and to draw income from fixed-income investments to avoid market volatility.

In conclusion, diversification and sticking to a well-crafted financial plan are crucial. Investors should remain focused and not be swayed by political noise. For personalized advice, Bruce invites listeners to contact Hosler Wealth Management.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Delving into my new book, "Moving to Tax-Free," I underscore the practicality of tax protection in wealth preservation. Taxes, a significant lifelong expense for many, can be effectively managed to safeguard financial resources. Jason introduces the 'Magnificent 7'—a group of high-performing tech stock investment strategies—highlighting its potential to prevent missing out on market gains, a practical approach to wealth preservation.

The discussion delves deeper into the concept of 'Sequence of Return' risk, which Jason explains as the danger of experiencing significant market losses early in retirement, potentially jeopardizing the financial stability of a retiree's later years. We will describe our "PASS" system (Portfolio Asset Sequence System), which structures clients' portfolios to mitigate risks associated with market downturns during critical withdrawal phases.

Another focal point is inflation's role as the "silent killer" of the standard of living. Key strategies are discussed to combat its long-term erosive effects through diversified investment in growth-oriented assets. I will also touch on the importance of proper estate planning, including wills, trusts, and accurate beneficiary designations, to avoid future financial complications and ensure clients' wishes are fulfilled.

We conclude by addressing the overarching goal of preserving wealth, not just for the clients themselves but also for future generations. We cannot emphasize enough the need to stay updated with changing tax laws and wealth transfer strategies, particularly in light of legislative changes like the Secure Act and Secure Act 2.0.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

McKnight points out the alarming debt-to-GDP ratio, warning that exceeding a 175% threshold could lead to a financial collapse from which recovery would be impossible. The discussion also highlights the rising interest rates and their impact on the servicing costs of the national debt, underlining the urgent need for substantial revenue sources to manage these expenses alongside government operations. These costs will almost assuredly mean higher taxes, making it crucial for investors to act now.

The conversation shifts to tax planning strategies, critiquing the financial industry’s general lack of preparedness to help individuals navigate toward tax-efficient retirement. McKnight categorizes financial advisors based on their approach to tax planning, advocating for a comprehensive strategy that includes Roth conversions and life insurance retirement plans to achieve a tax-free income in retirement.

David criticizes popular financial gurus for their inadequate guidance on tax planning and their general dismissal of specific financial products that could benefit retirees. He introduces his upcoming book, “The Guru Gap,” which exposes the shortcomings in the advice these gurus provide and offers a path to better financial planning.

Finally, the discussion addresses the impending challenges with the Medicare Trust Fund and the necessity for significant tax increases to cover the looming fiscal shortfalls. McKnight emphasizes the importance of proactive financial planning to mitigate the impact of higher taxes and ensure financial stability in retirement.

Throughout this episode, Bruce and David discuss several strategies investors can use to protect themselves and move toward a tax-free retirement.

To purchase a copy of Bruce's new book, MOVING TO TAX-FREE, go to https://movingtotaxfree.com.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Bruce opens the conversation by highlighting the central question of whether tax rates in the United States will increase, decrease, or remain the same over the next decade. This question is pivotal as it directs individuals on how to plan their financial futures. He argues that due to mathematical and scientific reasons, rather than political, tax rates are likely to double in the next ten years. This prediction is supported by the impending insolvency of Medicare and Social Security trust funds, the national debt crisis exacerbated by inflation and higher interest rates, and the comparison of U.S. tax rates to those of other developed countries.

The discussion then shifts to the common but misguided question many people ask about minimizing taxes in the current year, rather than focusing on reducing lifetime tax liabilities. Bruce and Jason emphasize the importance of annual tax planning and making informed decisions about moving assets to tax-free accounts, such as Roth IRAs and 401(k)s. They argue that paying taxes now, at current lower rates, can help to prevent paying higher taxes in the future.

The conversation also touches on the reluctance of the financial advisory industry to promote moving to tax-free accounts due to potential conflicts of interest, as advisors' fees are often based on the assets under management, which would decrease as clients pay taxes on conversions to tax-free accounts.

Bruce offers practical advice for listeners to start their journey toward a tax-free retirement, including stopping contributions to traditional tax-deferred accounts and starting to contribute to Roth accounts. He also addresses concerns about the government potentially taxing Roth accounts in the future, arguing that historical precedents suggest that existing accounts would likely be grandfathered in, should any changes occur.

Finally, Bruce introduces innovative legacy planning strategies detailed in the book - a plan he calls "The Two Generation Tax-Free Legacy Plan"™ - designed to provide a tax-free income stream for children and protect assets from potential legal and financial threats. 

For more info on Bruce's book and how to purchase it, you can visit https://movingtotaxfree.com/

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

First, I break it down, highlighting how current high rates offer a rare chance to secure high-income payouts from annuities and their living benefits.  We haven't seen an environment like this in about 15 years.  This environment presents a unique opportunity to reassess where your money is parked and possibly guarantee income like never before.

Alex adds to the conversation, underlining the urgency of the situation.  Thanks to these rates, he emphasizes the efficiency of buying more income with less money.  Before rates drop, he points out the importance of acting now to maximize your investment's income potential.  This strategy isn't just about immediate gains but also about long-term financial planning and making your money work smarter.

Who should consider this strategy?  Pretty much everyone, from those in their 40s to those in their 70s.  The idea is to reposition your assets to benefit from the current high-interest rates, ensuring a portion of your retirement is secured with these higher living benefits.  This could potentially lead to a significantly more comfortable retirement, a retirement you've always dreamed of.

The conversation shifts to the current financial landscape, where $6 trillion sits in money market funds, earning around 5%.  Alex points out the temporary nature of these earnings and the importance of being proactive in reallocating assets before rates fall.  We recommend looking into bonds, dividend-paying stocks, and even real estate as potential areas for reallocating cash, emphasizing the importance of locking in rates now before they drop.

We also touch on the broader investment opportunities in 2024, including private equity and undervalued stocks, showcasing the diverse avenues for investment beyond traditional stocks and bonds.  We share insights into Hosler Wealth Management's approach to retirement planning, emphasizing the importance of dynamic financial planning and the innovative financial instruments available today that differ significantly from the past.

It's essential to have a flexible, dynamic retirement plan that adapts to changing financial landscapes.  We encourage listeners to keep an open mind about retirement planning and highlight the diverse tools and strategies available to ensure a secure and enjoyable retirement.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Bruce shares a success story about clients who, after 40 years in business, sold their land for a substantial sum, adding a comfortable cushion to their already solid retirement plan. This story highlights the importance of strategic planning and understanding the value of business assets beyond just the operational aspects.

On the flip side, Alex brings up a cautionary tale. He talks about a family who sold their business for two million dollars but had to pay over $500,000 in taxes, a scenario they weren't prepared for. This example underscores the importance of thorough tax planning and understanding the financial implications of a business sale.

We then shift our focus to the importance of having a retirement income plan. Bruce emphasizes the need for realistic financial planning, especially for baby boomers nearing retirement. He points out the risks of inadequate planning, which can lead to a reduced lifestyle or, worse, running out of money prematurely. He also touches on the impact of external factors like health, regulatory changes, and economic shifts on businesses and retirement plans.

Alex highlights common pitfalls in business sales, such as not having the right advisory team or overestimating the business's value. He stresses the importance of a comprehensive exit plan, considering not just the financial aspects but also the human element, including the impact on employees and family.

Bruce elaborates on the concept of an exit plan, emphasizing the need for a well-structured approach that enhances business value and prepares for unforeseen circumstances. He mentions the "Five Ds" - divorce, disagreements, disability, distress, and death - that can unexpectedly force a business sale.

As we wrap up, Alex and Bruce reiterate the importance of early and thorough planning, ideally starting ten years before a planned exit. A skilled team of professionals is necessary to guide the process and ensure all aspects, from financial planning to succession.

For business owners looking for guidance, Hosler Wealth Management offers expertise in financial planning and business exit strategies. They can be reached through their website or their offices in Prescott and Scottsdale (contact info below). This episode serves as a crucial reminder for business owners to plan meticulously for their retirement, considering the many variables that can affect their post-sale life.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

There are differences between selling business assets and selling stock. Selling assets involves transferring individual business components, while selling stock means transferring ownership of the entire entity. This choice affects tax payments and liabilities. Asset sales might allow for a step-up in basis, reducing capital gains taxes, whereas stock sales can involve fewer transactional steps.

We then explore how to determine a business's fair market value before a sale. It's industry-dependent, often involving multiples of EBITDA or gross revenues. It's important to engage a professional firm for valuation, considering factors like hiring family members or owning vehicles through the business.

Next, we delve into capital gains tax rates and their application to business sales. These rates vary based on income, with different thresholds affecting the percentage of capital gains tax. We discuss the benefits of installment sales in managing these taxes, spreading out capital gain recognition over several years.

The net investment income tax (NIIT) also comes up, a 3.8% tax on certain investment incomes, including capital gains, applicable above specific income thresholds. We touch on Section 1202, beneficial for C-corporation stockholders, potentially excluding a significant portion of gains from taxes.

We cover the concept of installment sales, useful for business sellers who don't need all the money upfront. This can keep capital gains tax at a lower rate. We also discuss deducting business expenses related to the sale, like valuation, legal fees, and brokerage commissions.

Depreciation recapture is another critical topic. When businesses sell assets like real estate or equipment, the IRS requires recapturing previously claimed depreciation, often taxed at 25%. This can be a surprise for many business owners.

State-level taxes are crucial too, as they vary widely. For instance, California has specific capital gains taxes and withholding requirements for real estate sales. We also explore selling a business to an employee stock ownership plan (ESOP), which can be tax-advantageous for both the seller and the employees.

Section 1031 exchanges are relevant for real estate assets within a business sale, allowing deferral of capital gains tax when exchanging like-kind properties. We stress the importance of due diligence in identifying potential tax liabilities before a sale and the role of careful planning in addressing employee benefits during the sale process.

Finally, we discuss the factors influencing the form of payment for a business sale, such as cash, stock, or a combination. The choice can significantly impact the sale price and the seller's financial needs.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

But Bruce cautions against expecting a smooth market ride in 2024, despite the historical data. He highlights the unpredictability of the market, especially considering the significant influence of the 'Magnificent Seven' stocks. These stocks have driven a large portion of the S&P 500's growth but also pose a risk of correction. This underscores the need for investor preparedness for potential market volatility.

While the S&P 500 saw a 24% increase in 2023, again, this was largely due to the 'Magnificent Seven.' For a similar rally in 2024, a broader range of stocks would need to contribute to market gains. He also emphasizes the importance of being aware of market risks, including the potential impacts of Federal Reserve policies and global events.

Bruce Hosler then shifts to other investment opportunities beyond the 'Magnificent Seven,' suggesting a need for diversification. He discusses the impact of Federal Reserve policies on interest rates and the implications for various sectors, including small caps and companies affected by interest rate changes. He also stresses the importance of a diversified portfolio and a long-term investment strategy, using examples like Microsoft and Costco to illustrate potential opportunities outside the dominant stocks.

The conversation then turns to broader economic considerations. Bruce Hosler discusses the housing market, consumer spending, and employment trends, suggesting cautious optimism for the economy in 2024. He notes the potential for a mild recession but does not foresee a severe downturn unless triggered by significant geopolitical events.

Finally, we emphasize the importance of strategic investment planning. Investors should assess their financial goals and risk tolerance and not miss out on potential market opportunities due to fear or uncertainty. Have a financial plan that aligns with your investment timeline and risk profile.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

The Federal Reserve had significant influence on the financial events of 2023, particularly through historic rate increases and a subsequent pause. We collectively foresee this trend continuing to shape the markets in 2024. We recognize that the market's recent fluctuations are largely a result of the COVID-19 pandemic and the government's response, which included aggressive measures to combat rising inflation.

We explore the possibility of the Fed reducing interest rates in 2024. While the Fed has indicated potential rate cuts, the bond market anticipates more substantial reductions than what the Fed currently projects. This suggests that the market is expecting a 'soft landing' strategy from the Fed, aiming to control inflation without leading to a recession.

A recession in 2024 is a possibility, contingent on specific adverse events such as a resurgence in inflation or escalating geopolitical tensions. There's a wide range of predictions among analysts regarding the Fed's actions and the potential for a recession, reflecting the current climate of uncertainty in the financial markets.

Of course, 2024 is a Presidential election year. The Fed, despite its efforts to remain politically neutral, faces pressure to maintain a stable economy during an election year. There is a complex relationship between political parties and economic performance. Incumbents, regardless of their party, are vulnerable to public dissatisfaction in times of economic downturn.

Inflation remains a primary concern for us. We observe that despite a decrease in the inflation rate, the cost of living remains high for most Americans. Bruce and Jon cite McDonalds and Burger King, respectively, as examples.

We also touch upon the oil market, noting a recent decrease in prices and the potential impact of Middle Eastern geopolitics on global oil prices. This could influence the Fed's interest rate decisions if it leads to increased inflation.

For short-term interest rates, we predict that a decrease in these rates could prompt investors to seek higher yields elsewhere, potentially increasing market volatility. We anticipate a swift shift in investor behavior as returns on safer investments like money market accounts diminish.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We also discuss the significance of debt-to-GDP ratio. Currently, the U.S. debt-to-GDP ratio stands at an alarming 124.42%, which is far higher than it has been in past years. This ratio is concerning for several reasons, especially considering that federal spending continues to increase, contributing to a budget deficit of approximately $1.85 trillion.

The rising interest on the national debt is another red flag. At present, interest payments on the debt are about $673 billion per year, a number that could soon surpass our national defense spending. In fact, projections for 2027 show interest payments on the debt could exceed $3 trillion.

Aside from the national debt and budget deficit, we also address some of the most significant budget items in the U.S., such as Medicare/Medicaid, Social Security, and Defense spending. The Medicare Trust Fund, for example, is set to run out of money by 2028, which would require hard decisions on benefits cuts or tax increases.

What does all this mean for you? Americans should prepare for fiscal difficulties in the next five years.  Tax increases may be on the horizon, especially when the Tax Cuts and Jobs Act expires in 2025. We offer advice for listeners on how to protect themselves from these looming challenges.

Resources:

US Debt Clock: https://usdebtclock.org/

Increase in Baby Boomers Article:

https://www.investors.com/etfs-and-funds/retirement/retirement-planning-reckoning-arrives-as-baby-boomer-generation-hits-peak-65/#:~:text=According%20to%20the%20U.S.%20Census,will%20be%2065%20or%20older

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Resources mentioned in today's episode:

Financial Crimes Enforcement Network (FINCEN) Website: https://fincen.gov/

Beneficial Ownership Information (BOI) Page: https://fincen.gov/boi

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Bruce breaks down the strategy into four distinct "buckets," each designed for a different period of one's retirement. The first bucket covers years 1-5 and is heavily oriented towards conservative fixed-income investments. Buckets two, three, and four progressively invest in riskier assets, aligned with the time when you'll need the money from those buckets. This  design approach is to protect you against short-term market fluctuations while also providing an avenue for long-term growth to combat inflation.

One highlight of the episode is the concept of dividing one's IRA into two parts: an "income IRA" and a "growth IRA." This demarcation adds clarity, helping clients understand from which account they'll  draw their immediate income and which one is for future growth.  Such segmentation also acts as a psychological safety net, discouraging panic selling during market downturns.  

As for the question on everyone's mind—what about taxes?—Bruce shares insights from his upcoming book, Moving to Tax-Free™.  Predicting that tax rates could double in the next decade, he emphasizes the value of tax-free accounts like Roth IRAs. These should generally fall into buckets three or four, maximizing their potential as a hedge against future tax hikes.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Today, we explore how different family dynamics influence financial attitudes. Some families openly discuss money, while others keep it private. Jon shares his middle-class upbringing and how it influenced his budgeting approach, with his wife taking on a key financial role.

Bruce, drawing from his experience as a Boy Scout leader; explains the difference between saving and investing, emphasizing the importance of these distinctions for financial decision-making. He stresses the need to teach children and grandchildren about money from an early age.

The hosts encourage learning from financial mistakes and providing opportunities for young adults to make their own decisions, both wise and unwise. Encouraging young adults to secure an education and navigating the changing landscape of taxes.

This episode is a valuable resource for understanding how childhood financial lessons impact future financial choices. Bruce invites clients, prospective clients, and their families to seek guidance from Hosler Wealth Management to help your children or grandchildren form healthy financial habits sooner rather than later.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We begin by explaining the importance of beneficiary forms, emphasizing that they can override the instructions in your will or trust. Bruce highlights the various types of accounts that require beneficiary forms, such as 401(k)s, pension plans, IRAs, annuities, and life insurance policies.

You will hear Bruce cover the concept of cascading beneficiaries, where you can designate primary, secondary, and even tertiary beneficiaries. Bruce provides a practical example of how this can be used to ensure your assets are distributed as per your wishes, even in complex family situations.

Common problems arise when beneficiary forms are not updated, such as in the case of divorce or the death of a spouse. Bruce explains the legal implications and the importance of keeping these forms current. We stress the importance of coordinating your beneficiary forms with your overall estate planning documents, including wills and trusts. to avoid potential disputes and unintended consequences. 

In conclusion, Bruce emphasizes the ease and importance of keeping beneficiary forms up to date. I talk about the 'second opinion' service offered by Hosler Wealth Management to help prospective clients navigate their estate planning and beneficiary designations.

Remember, estate planning is about ensuring your legacy is passed on as you intend, and understanding the power of beneficiary forms is a crucial step in achieving this goal.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

The conversation goes into strategies for determining the best time to file for Social Security benefits, considering factors like health, life expectancy, and spousal benefits. Stressing the importance of using Social Security benefit planning software to explore various options and select the best strategy for each individual's situation.

They also discuss the advantages of filing for benefits online and provide advice on how to communicate your intentions clearly when dealing with Social Security offices. Not all Social Security workers have experience handling complex cases, so keeping the process simple can be beneficial.

Several switching opportunities are highlighted, including spousal add-ons, divorced spouse add-ons, and survivor benefits. These strategies can significantly increase the amount individuals receive in Social Security benefits. Still, they often require careful planning and knowledge of the rules.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We delve into the critical topic of estate planning in a clear and straightforward manner.  Bruce begins by emphasizing the essential role of a Will, especially for parents with minor children.  A Will determines who will care for the kids in unforeseen circumstances, avoiding potential family disputes.

The conversation then shifts to the significance of beneficiary designations.  These designations play a pivotal role in asset distribution, particularly for accounts like IRAs and life insurance, often taking precedence over what's outlined in a Will.

Bruce and Alex also shed light on recent changes affecting IRAs, notably the SECURE Act of 2019, which has altered the rules regarding IRA distributions. This change has significant implications for how these accounts are passed on to heirs.

Another key aspect discussed is the evolving role of life insurance in estate planning. Given recent tax law changes, life insurance is gaining popularity as a tax-efficient tool for wealth transfer. It's not just for the very wealthy anymore.

Alex stresses the importance of regular updates to estate planning documents to keep them aligned with life changes, warning against common mistakes, such as assuming estate planning is unnecessary or neglecting document updates, which can lead to unintended consequences.

Lastly, we cover planning for incapacity, focusing on durable financial and medical powers of attorney. These legal instruments ensure that someone can make critical financial and healthcare decisions on your behalf if you're unable to do so.

Please seek professional guidance for your estate planning needs. Ultimately, estate planning is about securing one's legacy and ensuring the well-being of loved ones, making it a vital but often overlooked aspect of financial planning.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We highlight the potential tax advantages of 529 plans, one of which is an appealing opportunity for grandparents and parents to contribute and receive a tax deduction.  

Additionally, distributions are tax and penalty-free for qualified educational expenses. The discussion delves into the array of expenses that qualify for these distributions, including college-related costs such as tuition, books, and fees and additional expenses such as computers, internet access, and even K-12 education.

They clarify that the earnings on 529 plans used for non-qualified expenses are subject to income tax and a 10% penalty, but the original contributions are not. However, due to the flexibility of these plans, you should rarely have to pay these penalties.  

Expanding also on the rules and regulations surrounding 529 plans, such as rollover limitations, investment changes, and beneficiary changes. And examining the recent Secure Act 2.0 reveals new opportunities for 529 plans, for example, the potential to rollover to a Roth IRA for beneficiaries.

Listen in and join Bruce and Jon in this conversation, where Bruce underscores the versatility and advantages of 529 plans catering to various educational and financial scenarios.  

For those seeking more information or personalized guidance, Hosler Wealth Management can be contacted through their website at https://hoslerwm.com or by phone at 480-994-7342 (Scottsdale) or 928-778-7666 (Prescott). The episode offers a comprehensive exploration of 529 plans, revealing their potential to shape a secure educational future.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Slott's premise questions the conventional advice of maximizing contributions to tax-deferred accounts. His article in Investment News presents an alternative perspective, suggesting that lower retirement tax rates are not guaranteed. Instead, he argues that deferred withdrawals can lead to higher tax bills during required minimum distributions for those with substantial IRAs.

We delve into the implications of Slott's views, emphasizing the value of capitalizing on current lower tax rates. Slott's strategy recommends proactively reducing IRA balances through strategic withdrawals, aligning with lower tax rate periods for wealth transfer. Further discussion of The Secure Act 2.0's 10-year rule for beneficiaries prompts a reevaluation of wealth transfer strategies.

Throughout the episode, the focus remains on strategic tax planning, highlighting the potential of Roth accounts and Qualified Charitable Distributions (QCDs) to optimize retirement income and minimize tax burdens.

The episode concludes by encouraging listeners to contemplate Slott's insights as a catalyst for informed financial planning and seek advice from professionals.

Link to Ed Slott's article: https://www.investmentnews.com/stop-contributing-to-iras-and-401ks-240215

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

The first thing that happens is that your living revocable trust becomes an irrevocable trust, and your successor trustee is now in charge of it. Also, the trust will need its own tax ID number and have a return filed for it and any of its income for as long as the trust remains intact. In the event of the passing of a spouse, the surviving spouse or trustee will need to file separate returns for themselves and the trust. I also explain how the estate tax exemption can come into play here.

It's imperative to designate a contingent successor trustee. What if your spouse passes or can't successfully administer the trust? You'll want to have someone appointed who can step in.

Bruce explains some of the pros and cons of trusts. Trust taxable income hits the highest 35% tax bracket. But income distributed to beneficiaries is taxed at their personal tax rates. And while there's a cost to maintaining a trust, assets in a trust are some of the most protected in our tax code.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Since the Tax Cuts and Jobs Act (TCJA) of 2017, there are six main areas where you can claim itemized deductions.  Today, I will focus on four:

• Medical and Dental Expenses
• State and Local Tax (SALT)
• Mortgage Interest
• Charitable Donations

Medical and Dental - The catch here is that federally, only expenses exceeding 7.5% of your AGI can be deducted.  In other words, if you made $100,000 last year, you can only deduct these expenses after the $7,500 threshold.  It should be noted, however, that for our Arizona listeners, medical expenses are 100% tax deductible on your state return.

State and Local Tax (SALT) - This was limited to $10,000 by the Tax Cuts and Jobs Act, which will sunset in December of 2025 if Congress does not act to extend it.

Mortgage Interest - This only applies if a loan was taken out to purchase or improve a home, must be secured against the property, and can only qualify for a primary residence and secondary home (2 total).

Charitable Donations - Many of our listeners are charitably inclined and like to give to their church, alma mater, or other institution.  If a gift is large enough, you may want to consider an itemized deduction.

It makes sense to itemize your deductions only if the total exceeds the standard deduction amount.  For 2023 that number is $13,850 for single filers and $27,700 if filing jointly.  To see if you itemized in previous years, look for a Schedule A and an itemized deduction amount on line 12 of your 2022 return.

Essentially, there are two types of taxpayers: those who will get the most benefit from the standard deduction and those who will need to evaluate this every year.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

As you may know, employees aged 50 and over can make "catch-up" contributions to their plans to save more for retirement. Until 2023, these additional contributions could go into the tax-deferred side of a 401(k) plan and be taken as a tax deduction.

However, beginning in 2024, highly compensated individuals' catch-up contributions may only go into Roth or after-tax plans. Now, the benefit to the retiree is that money will grow tax-free; the taxes are paid on the way in, not the way out. But here's the caveat, this can result in a significant swing in your 2024 taxes. For example, a $7,500 catch-up contribution will now be taxed instead of a tax deduction. That's a $15,000 swing. At 23% (federal + state), that could increase your tax bill by $3,450!

We believe that despite this "short-term pain," there is "long-term gain." With the Tax Cuts and Jobs Act set to expire in 2026, the likelihood of taxes increasing is high. Having already paid the taxes on this money could save you in the long run. We don't want to see you with a nasty surprise on next year's taxes!

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

First, review all your beneficiary designations for all your bank and brokerage accounts. These designations are Payable on Death (POD) for bank accounts and Transfer on Death (TOD) for brokerage accounts. You want a primary, secondary, and tertiary beneficiary for each. And make sure everything is clearly documented!

In community property states, including Arizona, you can leave real estate to your spouse with a full step-up in basis, meaning they don't have to recognize or pay capital gains tax on the property. But beware of the trap of retitling a home to your children - Jason explains the pitfalls here.

A living trust can also be an essential tool - not when you die, but when you don't. Examples of this include any health incident or incapacitation that prevents you from running your own affairs.

Probate isn't all bad. I explain some situations where probate may be the appropriate tool for your estate.

We wrap up by discussing digital assets. So much of our lives are now online. With that comes a whole new realm of access and documentation you must be aware of.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Some parents want to spend down their life savings and enjoy their retirement. Others pinch every penny so they can leave a larger inheritance behind. And for those leaving an inheritance, some choose to leave it in the form of a lump sum. Others prefer to leave an income stream that can't be easily spent.

However, one thing that's easy to agree on is wanting to leave as little a tax burden on your heirs as possible. Today, I will talk about how to pay a little more now in order to cut your kids' tax burden when you're gone.

Also, I will walk you through the non-trust estate planning documents that must be kept current.

1. Retirement account (IRA, 401K, etc. . .) beneficiary designations.
2. TOD, and POD designations on bank and brokerage accounts where appropriate.
3. Titling of assets correctly. (Real estate, cars, collections)
4. Lists of personal belongings with assignments of your wishes (guns, gold, silver, jewelry, collections, and artwork)
5. Life insurance beneficiary designations.
6. A current-net worth statement

One of the most important things to do is clearly communicate your wishes with your family. This communication should be in writing and could also be shared during a family reunion or even on a Zoom call!

We also cover some tricky topics - what if you have children or grandchildren you're estranged from? Or what if you have a child that may need more of a financial "hand" than a sibling? Equal is not always fair, and vice versa!

Also, consider who has the right mindset and acumen to execute your estate. Successor trustees and beneficiaries are two very different things!

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Bruce's goal is always to move clients to "tax-free" vehicles, meaning repositioning or converting taxable and tax-deferred assets to tax-free vehicles like Roth IRA and 401(k) plans, life insurance retirement plans, and more.

Some events, like a Roth conversion, or the sale of property or securities, can be a taxable event, which is important to plan for. Thanks to some sophisticated software, Hosler Wealth Management helps clients plan for the tax bracket they are shooting for. 

Because the Tax Cuts and Jobs Act of 2017 is still in effect, taxes are historically low.  Bruce talks about what he think the "ideal" tax bracket to be in right now is, and why.

Also, be careful about "when" you do Roth conversions - Bruce explains why timing is essential in doing Roth conversions and the major tax implications they can have.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

In a traditional 401(k), the contributed funds are tax-deferred. Participants don't pay taxes on the way in; that money doesn't count toward their annual taxable income. Many clients love this.

However, you do have to pay taxes on the way out.  That can be in the form of required minimum distributions or RMD's. Those earnings count toward your taxable income in retirement, and they could push you over the threshold to have your social security benefits taxed at a higher rate! Bruce breaks down those numbers.

Conversely, with a Roth 401(k), taxes are paid at the time of contribution, the funds grow tax free, and they don't count as taxable income when withdrawn.   So, they themselves can never cause your social security benefits to become taxable.  And the annual contribution limits are the same as a traditional 401(k)!

Further, the SECURE Act 2.0, passed in December of 2022, allows for matching contributions to Roth 401(k)s, and they are no longer subject to required minimum distributions.

Bruce explains why he's a fan of the Roth 401(k), including the ability to save money tax free, the ability to help avoid taxes on social security benefits, flexibility in retirement, and a "bastion of safety" against potentially higher taxes.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

1. Failing to establish an estate plan.
2. Failing to fund your trust.
3. Failing to update beneficiary designations after life changes.
4. Failing to plan for estate taxes, gift taxes, and a taxable estate.
5. Annual gift tax exemption mistakes (gift-spitting).
6. Improper titling (Community property states, including Arizona).
7. "Do-It-Yourself" children that don't seek professional guidance.
8. Not knowing the newest inherited IRA rules under SECURE Act 2.0.

After you hear how costly these mistakes can be, you'll want to steer clear of all of them.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

How do you know if you need a Trust or a Will? Who should have a Trust, and what are the benefits of a Revocable Trust?

Also, consider these documents:

• Pour-over Will
• Revocable Living Trust
• Durable Financial Power of Attorney
• Durable Health Care Power of Attorney
• Living Will
• Mental Health Care Power of Attorney (Arizona)
• Beneficiary Deed (Arizona)
• Beneficiary designation forms for all bank investment accounts with a POD or TOD designation (and what those mean.)

Bruce explains the tertiary beneficiary designation - this can be a strategic way to distribute your wealth upon passing.  And also, if you have a Trust, why is funding it so important.

Bruce spends time explaining estate taxes and why it's very likely to apply to many more of us in a couple of years.

Learn why you should build an estate planning team.

Finally, they discuss the importance of a durable power of attorney, charitable planning, and successor trustees.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

If you exceed the annual gift tax amount, you'll need to file a gift tax return - paperwork that will also need to be retained for quite some time.   But as long as you stay within these limits, you can whittle down the amount left to your heirs, potentially reducing or even eliminating estate taxes, depending on your individual situation.

Right now, the threshold for estate tax exemption is very high - nearly $26 million for a married couple.  But that rule is scheduled to sunset in 2025, likely returning to only $5 or $6 million.  

Bruce walks us through the different dollar limits, and what you can do now to protect yourself, your money, and your family.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

1. Private School Arizona Tax Credit
2. Public School Arizona Tax Credit
3. Qualified Charitable Organizations
4. The Qualified Foster Care Organization Tax Credit

The key takeaway here is that by utilizing each of these credits, you have a large amount of control over where our state tax money goes, as opposed to politicians fighting over their special interests.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Today, Bruce walks you through the 1031 process.  It's for use on income properties (usiually not your primary residence), and it functions similarly to an IRA rollover, but in the real estate realm.

With the recent rise in property values, a 1031 exchange might be a useful tool for many of our listeners, but it's certainly not for everyone.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

We've seen drops in stock and bond markets, rising inflation and interest rates, an energy crisis, mortgage rates go up, and so much more.   In fact, Bruce Hosler of Hosler Wealth Management hasn't seen circumstances like this in his entire 25 year career!

Conventional wisdom says to be diversified across all asset classes.  While diversification is important, Bruce explains why being invested in every asset class today is a fool's errand. For example, international holdings might not be the best investment right now.

Bruce clearly illustrates this idea with the pothole analogy - if you're driving down the road, approaching a giant pothole, why wouldn't you swerve out of the way?

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Often when circumstances are beyond our control, we feel helpless and stressed.  And while some of the larger issues above are beyond our influence, we can do some things with our money that can help take back some semblance of control.  Bruce Hosler of Hosler Wealth Management walks us through that in today's podcast.

The first step is a retirement income plan.  We often hear about how we need to save our income for retirement, but we also need to plan for income in retirement.   These income needs will change in the three phrases of retirement: the "go-go" years, the "slow-go" years, and the "no-go" years.   And the plan must be flexible to account for variables such as market volatility, inflation, long-term care costs, and more.  Studies show retirees' biggest fear is not dying.  Rather, it's outliving their money.

Bruce and his team at Hosler Wealth Management can use their software to develop a plan, with the goal of improving your chances of a successful retirement.   Roth IRA conversions can also be part of some strategies.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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 case of an inherited IRA) must be at least 70 1/2 years old, with a limit of $100,000 per year per taxpayer. Also, QCDs are not available in the instances of SEP's, simple IRAs, and qualified plans like 401k's and 403b's.

A qualified charitable distribution can be counted as "above the line" on your taxes, meaning it's not part of your income. Bruce explains how this can be used to avoid a jump in tax brackets, which can sometimes trigger taxes on social security income. 

When making a QCD, it's important to make it during the calendar year you are claiming it, make the check payable to the charity, and be sure to go over all details with your financial advisor and tax professional.  This can be a great tool if used correctly, but can lead to massive headaches if not done right.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

For a married couple age 65, there is a 70 percent chance at least one of them will need long-term care. Rather than bet against those odds, this allows you to share some of that risk with an insurance provider. 

Bruce explains how to choose the right coverage and avoid being "insurance rich and cash poor," how much these policies can cost, and at what age you should begin exploring coverage. We also cover the misnomer that Medicare pays for long-term care; it does, but only in certain circumstances. 

Bruce and Jon cover timeframes around application for coverage and processing of claims, how the claims payout, and what, if any, are the tax implications. 

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

1. Health Care Premium Tax Credit
2. New Home Energy Systems Tax Credits
3. New Energy Efficient Home Improvement Tax Credits
4. Electric Vehicle (EV) Tax Credits
5. The Tax increases
6. New Gift Tax Exclusion Rules
7. Increased IRS Interest Rates on Overdue Balances
8. The New $"80 billion stronger" IRS
9. The IRS Auditing More Pass-Thru Entities, High Net-worth individuals, Cross-border activities, and Virtual Currency Transactions.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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 talks about the advantages of rolling a traditional IRA into a Roth IRA now, how life insurance can play into a financial plan, and more.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

There are five classes of individuals who have a different rulebook to play by - known as Eligible Designated Beneficiaries, or EDBs. Bruce explains who they are and what special benefits they receive.

Because of these rules, beneficiary forms are very important. Remember, once you die, that the beneficiary forms cannot be changed.

Also, there's a new rule known as ALAR, or "At Least As Rapidly." Bruce walks us through this unique and vital rule as well.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

• 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 to their professional training and credentials across multiple disciplines. 

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

Bruce explains:

• When the clock starts on the 5-year rule
• The difference between a qualified and non-qualified distribution
• What is a triggering event?
• What are the differences in rules between Roth 401K accounts and Roth IRA accounts?
• How can you get around the 5-year rule?
• What if you have an emergency and need to withdraw the funds early?

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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 if we are in a recession; we can only use past data to determine that.

What does all this mean for you as an investor?  Bruce explains what a potential recession could mean for stock and bond markets, how long it could last, and what investors should do now.   Also, why would a divided government after the next election be a potentially good thing for the economy?

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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 a down market means paying taxes on the lower value, then watching the value come back tax free if and when the investments rebound.

We also talk about "In Kind" Roth conversions - moving a stock into a Roth without selling it. Or, you can sell something in your current IRA, move the cash into a Roth, then buy something different.

Finally Bruce explains the benefits of leaving a Roth IRA to your heirs, as well as what they need to do with that money and when.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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 interest rates?

What about our national debt?  How will higher interest rates affect that?

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

What is causing this inflation? 

1. Demand/Supply imbalance
2. More money chasing less products. (Supply chain)
3. Shortages of availability (Housing)

What is Demand Destruction?

1. Higher mortgage interest rates (Already reports of sellers lowering their asking prices)
2. Higher gas prices (Less Travel)
3. Higher Diesel prices make the costs of all good that must be transported by ship or truck or train more expensive due to much higher transportation costs.

How long will we have this high inflation?

What about the rate inflation increasing or decreasing?

What is the major risk that affects us in retirement with high inflation rates?

What can people do to protect their future retirement from high inflation?

1. They need to make sure they are not investing too much money in the wrong asset classes.
2. Fixed income with the rising interest rates has lost value more than 9% in 2022.  That is not what helps a retiree have growth in their retirement portfolio when we have high inflation like we are experiencing now.
3. Retirees need to make sure they have a retirement income plan that protects near term income, while still leaving them exposed to asset classes that can respond to inflation and raise their prices.  This can provide growth even when there is inflation (  These asset classes that include , Stocks, Real estate, Commodities like energy, and investment vehicles that can provide down side protection while still allowing the investor to participate on the upside when the markets recover.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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.

Next, our national debt sits at $29 trillion dollars. With interest rates going up, the debt service on that number is going to go up. This will also affect Medicare, Medicaid, and Social Security going forward.  Bruce and Jon take a deep dive on these topics, including a real shortage of caregivers that our country is facing in the coming decades.

Again, all indications are that taxes are going to go up.  With that in mind, we conclude today's podcast by discussing strategies you can employ now.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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 vehicles he and his team employ here - including Roth IRAs and life insurance retirement plans.

With the large government spend on COVID relief, and the Tax Cuts and Jobs Act set to expire, taxes are likely to go up.  That's why it's beneficial to employ someone like Bruce Hosler and his team at Hosler Wealth Management to protect and preserve your wealth.

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler 

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, for most people, taxes are a very important thing. We always start with taxes and then we go from there and work on financial planning issues like retirement. Am I going to have enough? How am I going to leave my stuff to my legacy, to my kids and family?

In estate planning, we include asset management because everybody wants to know where their money's invested and how safe and how protected it can be. And how can it grow in the face of this inflation that we're facing today. And finally, we use insurance strategies to make sure that when the moment of truth arrives, everything's okay for the family.

Throughout this podcast, we're going to meet the Hosler team and how each of them plays a role in securing your financial future.

Hosler Wealth Management can be reached in their Prescott office at (928) 778-7666, in their Scottsdale office at (480) 994-7342, or on the web at https://www.hoslerwm.com/

For more information about anything related to your finances, contact Bruce Hosler and the team at Hosler Wealth Management: Visit us online at https://www.hoslerwm.com/

Contact Our Team:  https://hoslerwm.com/contact-us/

Or call them in their Prescott office at (928) 778-7666 or their Scottsdale office at (480) 994-7342.

For more podcast episodes, visit our podcast website at https://hoslerwm.com/protectingwealthpodcast/

Limitation of Liability Disclosures:  https://www.hoslerwm.com/disclosures/

Copyright © 2022-2026 Hosler Wealth Management | All Rights Reserved. 

Produced by JAG Podcast Productions - www.jagpodcastproductions.com. 

#ProtectingWealthPodcast  #ProtectingandPreservingWealthPodcast #HoslerWealthManagement #BruceHosler