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Contenuto fornito da Scott Frank and James Conole, Scott Frank, and James Conole. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Scott Frank and James Conole, Scott Frank, and James Conole o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
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124 - What Are New Contributions Limits and How Does That Impact Our Taxes

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Manage episode 306266665 series 2653925
Contenuto fornito da Scott Frank and James Conole, Scott Frank, and James Conole. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Scott Frank and James Conole, Scott Frank, and James Conole o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Scott and James discuss the new contributions limits (2022) and how that impacts our taxes.

Listener Question

I am a new small business owner and have just begun a 401k, I have a roth ira, 529 for my child, and my own investment portfolio. I am still confused on how I should vary my allocation based on the type of fund- such as my roth versus traditional versus normal investments, in order to maximize the benefits of each separate account. I also was hoping you could do an episode solely on how taxes work and the differences between them.

Planning Points Discussed

  • Retirement Planning
  • Utilizing Time Efficiently
  • Capital Appreciation
  • Purchasing Power
  • Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

3:12 - New Contributions

5:26 - IRAs & Roth IRAs

8:53 - How Taxes Work

12:57 - Cash Flow

15:01 - Order of Operations

18:04 - How Can I Maximize Tax Savings?

20:27 - 401(k) Contribution Increase

22:40 - Aligning Your Financial Goals

LET'S CONNECT!

James

Facebook LinkedIn Website

Scott

Facebook Twitter Website

ENJOY THE SHOW?

Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play.

Leave us a review on iTunes.

Have a money question you want us to answer? Submit one here

  continue reading

193 episodi

Artwork
iconCondividi
 
Manage episode 306266665 series 2653925
Contenuto fornito da Scott Frank and James Conole, Scott Frank, and James Conole. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Scott Frank and James Conole, Scott Frank, and James Conole o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Scott and James discuss the new contributions limits (2022) and how that impacts our taxes.

Listener Question

I am a new small business owner and have just begun a 401k, I have a roth ira, 529 for my child, and my own investment portfolio. I am still confused on how I should vary my allocation based on the type of fund- such as my roth versus traditional versus normal investments, in order to maximize the benefits of each separate account. I also was hoping you could do an episode solely on how taxes work and the differences between them.

Planning Points Discussed

  • Retirement Planning
  • Utilizing Time Efficiently
  • Capital Appreciation
  • Purchasing Power
  • Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

3:12 - New Contributions

5:26 - IRAs & Roth IRAs

8:53 - How Taxes Work

12:57 - Cash Flow

15:01 - Order of Operations

18:04 - How Can I Maximize Tax Savings?

20:27 - 401(k) Contribution Increase

22:40 - Aligning Your Financial Goals

LET'S CONNECT!

James

Facebook LinkedIn Website

Scott

Facebook Twitter Website

ENJOY THE SHOW?

Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play.

Leave us a review on iTunes.

Have a money question you want us to answer? Submit one here

  continue reading

193 episodi

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