Retirement Planning, Tax Strategies & The New Law Regarding 529 Plans

18-03-2024 • 35 mins

This podcast episode features certified financial planner Chad Burton and Rob Black discussing various financial topics related to retirement planning, tax strategies, and investment decisions. Chad highlighted the importance of careful financial planning, especially for those looking to retire early or maintain their lifestyle in retirement. He discussed income gaps, working after retirement, tax season issues, and the impact of recent laws on financial planning, such as the Secure 2.0 Act affecting 529 plans. Chad also emphasized the need for personalized financial advice and decision-making based on individual circumstances and goals.

Additionally, the episode promoted an upcoming event in Lafayette, California, titled "Crafting Your Retirement," scheduled for Saturday, March 23rd. The event, hosted by Chad Burton and Stephanie Richmond, aimed to provide insights and strategies for retirement planning, tax-efficient investing, insurance considerations, and long-term care planning. Chad's expertise in financial planning and wealth management was highlighted as they discussed complex financial topics such as IRA to Roth conversions, 529 plan rollovers, and the importance of delegating financial decisions to professionals to focus on other aspects of life.

Timestamps:

[00:02:12] Working longer to delay retirement.

[00:06:31] Income gaps.

[00:10:01] Influencers and social media.

[00:11:44] Tax withholding issues due to yields.

[00:15:50] Contract workers transitioning to W-2.

[00:20:56] Underperforming rental properties in Bay.

[00:23:41] Rental property inheritance changes.

[00:27:25] Crafting your retirement.

[00:30:46] 529 Plan Rollover Rules.

[00:34:22] Delegation and financial planning.

Email your money question to chad@chadburton.com