BOSS 2.0: Should I put my assets into a Trust?
Wealth In Waves
Josh Null and Will Steih of discuss the intricate world of legal trusts as what should be a seamless intergenerational wealth transfer becomes ensnared in complex challenges. Want To Know More About Will and Josh?If you would like to continue the conversation with Josh and Will, make an appointment on our website at , or feel free to call 251-327-2124 or email .
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BOSS 2.0: Tax Planning vs Tax Preparation
Wealth In Waves
Josh Null and Will Steih of discuss basics of tax planning vs tax preparation, how we team with out clients and more. Want To Know More About Will and Josh?If you would like to continue the conversation with Josh and Will, make an appointment on our website at , or feel free to call 251-327-2124 or email .
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BOSS 2.0: Succession Planning & The Walk Off Home Run
Wealth In Waves
Josh Null and Will Steih of discuss ways of transitioning a business, Deeper dive on buy-sell agreements and how the are funded, unfunded buy sells are just promises and more. Want To Know More About Will and Josh?If you would like to continue the conversation with Josh and Will, make an appointment on our website at , or feel free to call 251-327-2124 or email .
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BOSS 2.0: NQ Deferred Comp
Wealth In Waves
Josh Null and Will Steih of discuss a way to keep your key employees loyal that is stickier than just throwing cash bonuses at them. Want To Know More About Will and Josh?If you would like to continue the conversation with Josh and Will, make an appointment on our website at , or feel free to call 251-327-2124 or email .
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BOSS 2.0: Cash Balance Plans
Wealth In Waves
Josh Null and Will Steih of discuss cash flow to support both the needs of the business and your own household spending, in fact, there’s this extra every month or quarter that you as the business owner are trying to determine how to put to the best use, such as possibly benefiting your own personal retirement plans. Want To Know More About Will and Josh?If you would like to continue the conversation with Josh and Will, make an appointment on our website at , or feel free to call 251-327-2124 or email .
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Alternative To A Roth IRA
Wealth In Waves
Josh Null and Will Steih discuss an alternative for those that are unable to contribute to a Roth IRA because of income limits: permanent life insurance. They will discuss how a properly structured permanent life insurance policy can features similar to a Roth IRA, particularly tax free growth, but without the income and contribution limits associated with a qualified plan. Plus, they also discuss how a death benefit should be one of the primary questions related to this particular strategy.
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Pooled Employer Plans (PEP)
Wealth In Waves
Josh Null and Will Steih discuss Pooled Employer Plans, known as a “PEP”. A PEP allows smaller 401k plans to “pool” their investments with other businesses to improve the buying power as well as spread administrative costs. Plus, how the SECURE Act made certain rule changes designed to make PEPs more attractive to small business owners, and giving more flexibility in companies that associate in a pool. Lastly, how their connection to Qualified Plan Advisors gives them access to a Pooled Plan Provi
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Legal Ways to Defer Income Taxes
Wealth In Waves
Will Steih and Josh Null of Gulf Coast Financial Advisors discuss legal ways for business owners to defer income taxes, including 401k plans and SEP IRAs. This discussion includes a roadmap on how to set these plans up, as well as practical tips on how to determine which plan may be the best for the business owner’s situation. Lastly, Josh and Will discuss tax deferral options using a type of defined benefit plan, the Cash Balance Plan.
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Biz Owners: $2 Trillion in New Taxes is a BIG Number
Wealth In Waves
Josh and Will welcome special guest Jay Stubbs, the Director of the Gulf Coast for Concourse Financial Group and Josh’s co-host on the long-running Every Dollar Counts with Josh and Jay Podcast. Jay joins the guys to discuss the $2 trillion dollar tax increase plan that made it way through the House Ways and Means Committee recently and is currently debated in Congress, and how it potentially impacts business owners, self-employed people and investors.
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Biz Owners: 5 Things to do by Year End
Wealth In Waves
Josh Null and Will Steih provide some timely financial topics and tax deferral concepts for our listeners as we enter the 4th quarter. They discuss the timing of claiming income, what to do if you’ve had a profitable year (especially if it’s been an exceptionally profitable year), how to leverage an existing 401k for tax deferral options, and strategies for tax deferral contributions above and beyond your standard 401k limits. Plus they discuss the timing of implementing a qualified retirement plan.
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Josh Null and Will Steih of Gulf Coast Financial Advisors discuss Pooled Employer Plans, commonly known as a “PEP”. A PEP is a way for a smaller 401k plan to “pool” their investments with other businesses in an effort to improve the buying power of the plan as well as spread administrative costs over a wider base. Will and Josh discuss how the SECURE Act made certain rule changes designed to make PEPs more attractive to small business owners, as well as giving more flexibility in the types of companies that associate in a pool. Will and Josh also discuss how their connection to Qualified Plan Advisors gives them access to a Pooled Plan Provider, sometimes referred to as a “P3”.
Want To Know More About Will and Josh?
If you would like to continue the conversation with Josh and Will, make an appointment on our website at https://gulfcoastfa.com/, or feel free to call 251-327-2124 or email [email protected].
Want More Wealth In Waves?
You can find all episodes of Wealth In Waves by visiting https://gulfcoastfa.com/podcast.