SML Planning Minute
SML Planning Minute podcasts provide timely and thought-provoking financial ideas and concepts for individuals, families and business owners. Be sure to listen in! Simply click on a topic below to access a podcast. You can also subscribe to one of the many service providers to listen on the go.
The U.S. Supreme Court Rules Against the Moores!
Episode 290 – Charles and Kathleen Moore lose their appeal in the U.S. Supreme Court to fight a tax. What does that mean for the wealthy?
Continue Reading The U.S. Supreme Court Rules Against the Moores!
Can Money Buy You Happiness?
Episode 289 – Can money buy you happiness? Scientists have taken a new look at the age-old question.
Continue Reading Can Money Buy You Happiness?
New Study Confirms: 20 Percent of Americans over Age 50 Have No Retirement Savings at All
Episode 288 – A new study by AARP confirms what so many people have long suspected: Retirement insecurity is real. In fact, 20 percent of Americans over age 50 have no retirement savings at all.
Continue Reading New Study Confirms: 20 Percent of Americans over Age 50 Have No Retirement Savings at All
Business Owners: Reach Out to Your Attorney and Insurance Agent Immediately!
Episode 287 – Business owners who have entity purchase or stock redemption buy-sell agreements need to consult with their insurance agents and attorneys immediately, to determine whether their situation is impacted by a recent U.S. Supreme Court decision known as Connelly. Continue Reading Business Owners: Reach Out to Your Attorney and Insurance Agent Immediately!
Why Don’t Schools Teach Financial Literacy?
Episode 286 – A recent study by the National Financial Educators Council (NFEC) reached a startling conclusion: The majority of high school age respondents received a failing grade when it came to basic financial literacy. What can be done about it?
Continue Reading Why Don’t Schools Teach Financial Literacy?
Investment Scams Are Becoming More Sophisticated
Episode 285 – Once again, the IRS has come out with its “Dirty Dozen” tax scams. Don’t be a victim!
Continue Reading Investment Scams Are Becoming More Sophisticated
10 Common Mistakes Made with Life Insurance Beneficiary Designations, Revisited – Part 2
Episode 284 – Mistakes are commonly made on life insurance policy beneficiary designations. Life events also necessitate changes, which is why regular reviews are important. Here are 5 more of the most common mistakes. Continue Reading 10 Common Mistakes Made with Life Insurance Beneficiary Designations, Revisited – Part 2
10 Common Mistakes Made with Life Insurance Beneficiary Designations, Revisited – Part 1
Episode 283 – Mistakes are commonly made on life insurance policy beneficiary designations. Life events also necessitate changes, which is why regular reviews are important. Here are 5 of the 10 most common mistakes. Continue Reading 10 Common Mistakes Made with Life Insurance Beneficiary Designations, Revisited – Part 1
IRS Delays RMD Rules Again
Episode 282 – The IRS, again, provides relief to individuals who inherited traditional IRAs and waives 2024 required minimum distributions for IRAs inherited in 2020 or later.
Continue Reading IRS Delays RMD Rules Again
Do You Rely on Your Spouse (Particularly Your Husband) to Make Financial Decisions?
Episode 281 – If you’re married, do you rely solely on your spouse (particularly your husband) to make financial decisions? Don’t! Avoid the widowhood penalty! Continue Reading Do You Rely on Your Spouse (Particularly Your Husband) to Make Financial Decisions?
What’s Going to Happen with O.J. Simpson’s Estate?
Episode 280 – The death of O.J. Simpson in April raises a lot of questions. How much money did he really have? And where will it all go?
Continue Reading What’s Going to Happen with O.J. Simpson’s Estate?
Why Everyone Needs an Estate Plan
Episode 279 – Estate planning is the process of protecting your wealth and transferring a legacy to your heirs in the manner you wish. Everyone needs an estate plan regardless of wealth or lack of exposure to estate taxes. Continue Reading Why Everyone Needs an Estate Plan
Making the Right Choices With Your Wealth Revisited
Episode 278 – Regardless of what you want to do with your wealth, such as leaving it to family, charity, government, or spending it all, you will need to plan for your intended outcome. Doing nothing is not going to work. Continue Reading Making the Right Choices With Your Wealth Revisited
The Social Security Administration (SSA) Gets It Right
Episode 277 – After many years, the Social Security Administration (SSA) has finally taken steps to fix the problem it has referred to as “clawback cruelty.” Continue Reading The Social Security Administration (SSA) Gets It Right
Fair Versus Equal – What’s the Legacy You Want to Leave to Your Children? – Revisited
Episode 276 – Fair vs equal. Leaving your estate in equal shares to each of your children may not necessarily be the most beneficial or effective for your children. Continue Reading Fair Versus Equal – What’s the Legacy You Want to Leave to Your Children? – Revisited
Social Media May Be Hurting Your Finances
Episode 275 – There’s a growing phenomenon in our society: the tendency to live beyond our means simply to impress others. It doesn’t bode well for the future.
Continue Reading Social Media May Be Hurting Your Finances
Is Phased Retirement Right for You?
Episode 274 – Recent trends indicate that the concept of phased retirement is becoming more popular. Is it right for you? Continue Reading Is Phased Retirement Right for You?
How to Act Like a Wealthy Person
Episode 273 – You may or may not be wealthy, but realize that either way, your attitudes and behavior send an implicit message. Continue Reading How to Act Like a Wealthy Person
Combating Identity Theft
Episode 272 – Despite so many sincere efforts, identity theft continues to be a high-profile nuisance. Is there anything you can do about it? The Social Security Administration has some ideas. Continue Reading Combating Identity Theft
Concern About Generation Z
Episode 271 – Are young people spending too much money? “Doom spending” has become an increasingly serious concern. Here are some ideas on how to cope with it. Continue Reading Concern About Generation Z
