How Financial Planners Empower Your Decisions
The Semmax Way
Join Certified Financial Planners™ Matt Landon, CFP®, and Kyle Leonard, CFP®, for a lively discussion on the essential benefits of working with a financial advisor. This episode translates complex financial topics into actionable advice, highlighting the importance of objective, professional guidance in efficiently achieving your financial goals. Matt and Kyle underscore the necessity of a customized approach to planning and risk and the value of emotional support and rational decision-making in financial strategy. Through engaging stories and expert insights, they explain how an advisor...
info_outline
Retire Your Way: Unique Strategies for You
The Semmax Way
Certified Financial Planners™ Matt Landon, CFP®, and Kyle Leonard, CFP®, invite you to join them as they provide valuable advice on retirement planning. Going beyond the realm of investments, they delve into the importance of customizing plans to suit individual requirements, mitigating risks, and adjusting to life's inevitable fluctuations. Drawing upon Kyle's analogy of choosing a family vehicle to illustrate the process of making personal decisions, they guide listeners on aligning their financial strategies with their unique circumstances. By emphasizing trust and tailored solutions,...
info_outline
Mastering Tax Strategies the Semmax Way
The Semmax Way
Financial advisors Matt Landon, CFP®, and Michael Sellers, CFP®, explore crucial tax strategies for both business owners and individuals. From organizing expenses to leveraging unique opportunities like HSAs and 1031 exchanges, they emphasize the significance of proactive financial planning. Semmax Official Site:
info_outline
How to Budget the Semmax Way
The Semmax Way
Dive into the essentials of budgeting where financial advisors Matt Landon, CFP®, and Jordan Shinsky, CFP®, share the secrets of prioritizing savings, mastering proactive financial control, and unveiling the power of communication in partnerships. Semmax Official Site:
info_outline
How to Spot Red Flags in a Financial Advisor
The Semmax Way
Matt Landon, CFP®, delves into the crucial topic of recognizing warning signs when working with financial advisors. Drawing from his extensive experience, Landon provides invaluable insights into identifying red flags, emphasizing the significance of understanding fiduciary duty, avoiding excessive fees, and the importance of seeking a second opinion when needed. ▶︎ Still have questions? Contact us using the link to set up a 15-minute call with one of Semmax’s fiduciary advisors: ▶︎ Click the link to get your complimentary copy of our featured booklet, “Are You Preparing For...
info_outline
Understanding Estate and Gift Taxes: Key Insights and Planning Tips
The Semmax Way
Semmax Certified Financial Planner™ Matt Landon, CFP®, explores the impact of gifting, from navigating tax complexities to the joy of selfless generosity. He untangles the history and purpose of estate and gift taxes, offering strategies to give wisely within legal limits. Ultimately, Landon emphasizes the power of giving beyond materialism, building a legacy through kindness that echoes long after the final bow. ▶︎ Still have questions? Contact us using the link to set up a 15-minute call with one of Semmax’s fiduciary advisors: ▶︎ Click the link to get your complimentary copy...
info_outline
Interview with Bestselling Author Emily Guy Birken (The Five Years Before You Retire)
The Semmax Way
Renowned author Emily Guy Birken, known for bestsellers like The Five Years Before You Retire and Stacked, engages in a captivating conversation with Semmax Way host Matt Landon, CFP®. They delve into a spectrum of finance-related subjects, covering the nuances of the progressive tax code, challenges encountered by the middle class, and the crucial role of tax-efficient financial planning. This dynamic exchange is enriched by compelling insights and even humorous anecdotes from their personal experiences, creating an engaging and informative dialogue that goes beyond conventional finance...
info_outline
Little by Little: Financial Wisdom from Biblical Principles and Competitive Running
The Semmax Way
The Semmax Way podcast teaches you how to accumulate wealth gradually through consistent investments, drawing parallels between financial principles and the pleasures of running. Learn the transformative value of having a personal coach and how to prioritize life over money to achieve a fulfilling and financially savvy future. Semmax Official Site:
info_outline
Demystifying Retirement Planning: Tools and Strategies for a Secure Financial Future
The Semmax Way
In this engaging episode of "The Semmax Way," host Matt Landon, CFP®, delves into the critical realm of realistic financial planning for a secure retirement, a topic essential for anyone looking to secure their financial future. Matt underscores the significance of comprehending your current expenses, budgeting effectively, and navigating the challenges posed by inflation on future expenses. He introduces valuable financial tools like the 4% distribution rule, annuities, and pension payouts, all aimed at bolstering your financial security in retirement. The central message is clear: assess...
info_outline
Economic Impacts and Inflation: A Deep Dive with Jason Riley of Fairway Asset Management
The Semmax Way
In this Semmax Way podcast episode, host Matt Landon, CFP®, welcomes guest Jason Riley, a Navy veteran and Managing Partner at Fairway Asset Management. Jason delves into critical financial topics, including alternative investments, inflation, and the pandemic's economic impacts. Their conversation underscores the importance of diversification and offers insights into sidestepping potential challenges. Start your journey toward financial peace of mind today, at . Learn more about Fairway Asset Management: Please note: Some investments discussed in this episode are categorized as...
info_outlineIn this episode, we dive deep into the intricacies of IRA taxation and demystify the often-confusing K-1 forms. Discover why K-1 forms can trigger taxable income in your IRA account, even when you haven't made any withdrawals. We'll explore how understanding K-1 forms in both non-qualified and IRA accounts is vital for your financial well-being.
Learn the ins and outs of tax-deductible contributions to your IRA and how your income levels can impact your tax benefits. We'll demystify the pro rata rule, a crucial concept that ensures you correctly allocate pre-tax and post-tax dollars in your account.
Did you know that your IRA can incur taxable income without a withdrawal? We'll explain how this happens and reveal the smart strategy of withdrawing tax-free if you've already paid your taxes. Explore Required Minimum Distributions (RMDs) and Qualified Charitable Distributions (QCDs), two powerful tools that can help you minimize taxes and optimize your retirement savings.
Discover how QCDs allow individuals aged 70 ½ or older to make tax-efficient charitable contributions directly from their IRA accounts. This strategy not only benefits charities but can also lower your Medicare premiums and maximize your savings.
But navigating the world of IRA taxes isn't a DIY task. We strongly recommend consulting with a CPA or tax professional for compliance and tailored advice.
We'll also delve into the importance of designating beneficiaries for your IRA account and how this decision can yield significant tax benefits. Explore estate taxes and learn how leveraging the $12 million per spouse exemption can help you pass on your assets to beneficiaries without a hefty tax burden, particularly if your estate is under $24 million.
Discover why leaving money to a charity in your will ensures they receive the full amount, and why financial advisors must stay up-to-date with current laws and rules to best serve their clients.
Understanding how your investments and account setups impact your tax returns is crucial, and we'll equip you with the knowledge you need to navigate the complex world of IRA taxes confidently. Join us for this enlightening episode on tax-savvy retirement planning.