Could your children or grandchildren’s 529 plan be the key to their future retirement success?
In this insightful episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, explores the new provisions of the Secure 2.0 Act that allow 529 plan rollovers to Roth IRAs. Larry outlines the conditions and strategic benefits of this new rule, offering listeners practical advice on optimizing retirement strategies.
Key Points Covered:
Understanding the traditional benefits of 529 plans for tax-free educational savings
Exploring the new rules for 529 plan rollovers to Roth IRAs:
Strategic benefits of overfunding 529 plans to maximize retirement savings for beneficiaries
Illustrating potential growth of rolled-over funds with examples showing substantial retirement savings growth
How can business owners keep their financial strategies effective for long-term success?
In this informative episode of Life Unlimited, host Larry Heller, CFP®, CDFA®, reveals the intricacies of corporate benefits and cash management tailored for business owners. Learn how regularly updating 401k plans, optimizing cash reserves, and leveraging professional networks can alter your business. Obtain actionable insights on attracting and retaining employees, maximizing tax advantages, and implementing successful financial planning strategies.
Key Points Covered:
Enhancing employee retention and tax benefits by updating 401k plans
Ensuring a robust, tax-advantaged retirement plan to provide the business significant savings while attracting and retaining top talent
Simplifying employee investment decisions with model portfolios
Optimizing cash management and utilizing high-yield strategies for better returns
Saving additional funds through strategic cash balance plans
Leveraging a network of experts for comprehensive business support
Larry’s hands-on experience and credible advice for business owners
And More!
Tune in to transform your business’s financial strategy and achieve long-term success.
Beyond managing your investments and portfolio, have you ever wondered what else financial advisors do?
Understanding the full scope of financial advisory services is essential to maximizing the benefits of your financial plan.
In this enlightening episode of Life Unlimited, host Larry Heller, CFP®, CDFA® explores the multifaceted role of financial advisors. He addresses common misconceptions and emphasizes that effective financial advising extends well beyond investment decisions.This episode provides a deep dive into how we create personalized financial plans for clients, addressing all aspects of their financial lives to ensure future preparedness. Tune in to learn how we can help you achieve financial security and peace of mind through our comprehensive financial planning and detailed strategies.
Key Points Covered:
Larry’s dedication to educating clients and alleviating financial anxieties
Clarifying the comprehensive role of financial advisors beyond just investments
The critical importance of financial planning before making investment decisions
Detailed financial planning processes: goals, time horizons, and financial needs
Components of financial planning: cash flow analysis, risk management, tax planning, investment management, estate planning, and retirement planning
Differentiating traditional investments (stocks, bonds, mutual funds) from alternative investments (private equity, private credit)
The importance of regular financial monitoring to adapt to life changes
Addressing client concerns: inheritances, safe retirement strategies, and account consolidation
Highlighting the transparency of fee structures and the importance of fiduciary duty
