Hans and Robby are back again this week with a brand new episode This week's discussion is about making smart choices with your income taxes Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Americans have an average of four credit cards Do you really need that many And how many is enough Too often we hang on to credit cards we no longer use providing an unnecessary invitation to identity thieves to run up charges in our names Canceling them is a good idea if done correctly The Risks of Holding Unused Credit CardsMany of us hang on to credit cards we no longer use but this can invite identity thieves to run up charges in your name Canceling unused cards is a good idea but it needs to be done correctly Let's [... more]

If the Social Security Administration considers you a high-income beneficiary you'll pay a surcharge known as the Income-Related Monthly Adjustment Amount IRMAA That means if your modified adjusted gross income is more than for single filers or more than for those who are married and filing jointly you'll be paying the IRMAA penalty However as Peter with Richon Planning explains to Erin Kennedy there are strategies you should consider to reduce that penalty They are Roth IRA Conversions Health Savings Accounts Qualified Charitable Distributions There are also instances when you can apply for an IRMAA waiver To avoid that IRMAA [... more]

What does Buckner Shoes for Orphan Souls do They are Buckner International's largest humanitarian aid project Their mission is to follow Jesus' example by serving vulnerable children families and seniors One way they do that is through partnerships like Buckner Shoes for Orphan Souls where they come alongside believers in churches businesses and families throughout the U S to provide new shoes for children worldwide Why are shoes important for health education and opportunity especially in underdeveloped countries Children can't go to school without shoes in many countries where they work so Buckner promotes education by providing that gift Additionally [... more]

PLANNING FOR THE FUTURE AND ESTATE PLANNINGProverbs highlights the importance of acting with knowledge in all aspects of life including the preparation for inevitable events like death This preparation involves legal financial and personal readiness to ensure your wishes are honored and your loved ones are cared for IMPORTANCE OF UPDATED WILLS AND DIRECTIVESHaving updated wills is critical to ensure your wishes are followed after your death with legal powers of attorney and health care directives being equally important An estate attorney is necessary to prepare these documents representing an essential investment in your family's future well-being PREPARING FOR YOUR [... more]

Matt Syverson is a Certified Financial Planner and Certified Kingdom Advisor in Overland Park Kansas He's also a specialist in helping families understand and set up ABLE accounts WHAT ARE ABLE ACCOUNTS AND HOW DO THEY COMPARE TO EDUCATION SAVINGS ACCOUNTS ABLE accounts akin to education savings accounts in terms of contributions and tax treatments are designed to assist individuals with disabilities by allowing for the accumulation of resources without affecting their eligibility for government assistance ABLE accounts initially referred to as A plans are intended for individuals with disabilities allowing them to save beyond the typical asset limits set [... more]

Robby is back again this week with Tom Griffith for a brand new episode This week's discussion is which beneficiary are you Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

A will is the usual tool for passing assets on to your heirs when you die But for some things you don rsquo t need a will at all because there rsquo s a way you can ensure that certain assets go straight to your heirs without passing through probate On today's Faith amp Finance Live host Rob West will be joined by Valerie Hogan who rsquo ll give us a crash course on beneficiary designations and why you want to you use them Then he rsquo ll answer your calls and various financial questions nbsp See omnystudio com listener [... more]

A will is the usual tool for passing assets on to your heirs when you die But for some things you don rsquo t need a will at all because there rsquo s a way you can ensure that certain assets go straight to your heirs without passing through probate On today's Faith amp Finance Live host Rob West will be joined by Valerie Hogan who rsquo ll give us a crash course on beneficiary designations and why you want to you use them Then he rsquo ll answer your calls and various financial questions nbsp See omnystudio com listener [... more]

WHY ARE BENEFICIARY DESIGNATIONS IMPORTANT Beneficiary designations are crucial because they're an easy quick and free way to transfer assets accounts and insurance benefits after passing away They take precedence over wills or trusts and are significant because they skip probate and remain private Beneficiary designations offer a straightforward method to transfer assets after death They are prioritized over estate planning documents and bypass the probate process Keeping them updated and accurate is crucial for ensuring assets are distributed as intended WHAT ARE THE KEYS TO REMEMBER ABOUT DESIGNATING BENEFICIARIES When designating beneficiaries it's important to consider various account types [... more]

We talk a lot about the benefits of Roth accounts A Roth IRA allows you to save for retirement with after-tax dollars That means you pay taxes on your contributions now but your withdrawals are tax free in retirement There are also several benefits to inheriting a Roth IRA as Peter with Richon Planning explains to Erin Kennedy the distributions are tax-free and they won't affect your taxable income However with a few exceptions you'll still have to drain the inherited account within years If you are inheriting a Roth IRA here's a quick action plan Understand your beneficiary type [... more]

Some folks question whether it's okay to ask God for financial help So first off let's dispel the notion that God doesn't care about your money or that it's wrong to pray about your finances Nothing in the Bible says that If it's important to you it's important to God He wants to be a part of your life your whole life I John says This is the confidence we have in approaching God that if we ask anything according to his will he hears us Now there are two key points in that verse First you can ask God [... more]

JR reveals his top worst contracts of all time and discusses which players were the beneficiary's of teams poor spending habits [... more]

When considering which assets to leave your beneficiaries there's one asset that's loaded with taxes IRAs Inheriting an IRA is very different from inheriting a Roth IRA In fact without proper planning as Peter Richon with Richon Planning explains to Erin Kennedy the irs may end up being your largest beneficiary Distributions from an inherited Roth account are both tax and penalty free which means you won't saddle your heirs with a heavy tax burden during their prime earning years If you have any questions about your financial legacy or if you'd like to learn more about strategic tax planning [... more]

Hans and Robby are back again this week with a brand new episode This week Hans and Robby discuss designated beneficiaries Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

There are unique reasons Charitable Remainder Trusts are good options for your Estate Plan In this video Peter Richon with Richon Planning and Erin Kennedy explain how a crt works it is an irrevocable trust that allows you or a designated beneficiary to receive an income stream for life After you die the remainder of the assets in the trust are donated to your charity or charities of choice Peter also walks through those benefits including You Can Save on Taxes You Can Increase Your Income You Can Support Worthy Causes You Can Protect Your Money from Creditors Naming the [... more]

Tim Schoeff focuses on blood sugar levels and diabetes This is not medical advice and all protocols should be approved by your doctor before beginning www cgrwellness com CODE ChosenGenRadio for off first order over Tim has years of experience and a long-term client list who have benefited from these products Pastor Greg is a rather large man with a unique medical history who has been the beneficiary of naturopathic medicine and has seen tremendous benefits using these products over the past year including his doctor giving him an A on his bloodwork [... more]

Hans and Robby are back again this week with a brand new episode This week Hans and Robby discuss the update for inherited IRA's for the upcoming year Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

For those who didn't know IRAs are different This week Hans and Robby go over how they are different Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Avoid a long-drawn out process and learn how to bypass probate Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Hans and Robby talk about estate transfer on demand Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

Who is your beneficiary Hans and Robby want to help you answer that question and make sure you have the right answer Don't let your money go to the wrong person How much does my beneficiary need Don't underestimate this Am I too old to buy life insurance No you're not Hans goes over multiple clients' stories where life insurance was a great investment for them in their 's Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and [... more]

This week Hans and Robby take the show on the road Hans is in Dallas at the Ed Slott Elite Advisor group for voluntary learning about everything IRAs Learn about all the new updates to IRAs as well as taxes distributions and beneficiary forms Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

In Matthew Jesus says For verily I say unto you till heaven and earth pass one jot or one tittle shall in no wise pass from the law till all be fulfilled In other words God's law won't change in the slightest until the end of days Similarly the jots and tittles that name IRA beneficiaries are the letter of the law and will supersede your Will and financial intentions Recently at a conference hosted by Ed Slott Tom said he learned that a court will uphold your IRA's listed beneficiaries over the those listed on your will It can [... more]

In Mathew Jesus confronted the Pharisees and Sadducees when they tried to test Him saying that they knew how to interpret a red sky but couldn't interpret the signs of the times This week Hans and Robby talk about the fear and confusion of retirement taxes People tend to worry when their tax return is smaller than expected while in reality this is no cause for fear because the tax rates holistically have gone down It's important to know the difference between retirement policy and politics so you can plan financially and live well Hans recently participated in a webinar [... more]

In Luke the big barn parable tells the story of a rich man who grew extra crops and had no place to store them He decided he would tear down his barn and build a larger one which would give him the time to relax and take life easy God told him he was going to die that night and then what would happen to all the crops he was storing for himself God called the man a fool This same idea can be applied to people who want to leave their large IRAs to their beneficiaries Robby uses his [... more]

On the first day of creation God said Let there be light Just as Jesus is the light of the world he brings truth and does not like chaos Robby talks about going through the bureaucracy after a loved one's death being the executor and dealing with their will and their affairs There is a lot of chaos to go through in this situation but hopefully Hans and Robby can bring some light to it all on this episode of Finishing Well Robby talks about his father who had a clear plan for his life insurance He told Robby a [... more]

John says In my Father's house are many mansions if it were not so I would have told you I go to prepare a place for you Jesus isn't just winging it he has a plan for you and your estate You shouldn't wing it with your estate either Having a plan in place and properly set up will save your family the frustration confusion and sadness of having to figure out your estate in their time of grief This week Robby talks about his own personal situation regarding estate planning His father is in his final stages of life [... more]