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121 - Overview of Important Mliestones To Be Aware Of

An episode of the Real Personal Finance podcast, hosted by Scott Frank and James Conole, titled "121 - Overview of Important Mliestones To Be Aware Of" was published on October 13, 2021 and runs 22 minutes.

October 13, 2021 ·22m · Real Personal Finance

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Scott and James discuss the important milestones you should be aware of. Planning Points Discussed Retirement Planning Utilizing Time Efficiently Capital Appreciation Purchasing Power Other issues (IRAs, Inflation, Financial Goals, etc.) Timestamps: 2:00 - Introduction 4:29 - Dependent Care 5:50 - Tax Credits 6:58 - Investing v. Gambling 8:02 - UGMA / UTMA 10:25 - Kiddie Tax 12:47 - Catch-up Contributions 15:40 - Social Security Benefits 17:55 - Qualified Charitable Distributions...

Scott and James discuss the important milestones you should be aware of.

Planning Points Discussed

  • Retirement Planning
  • Utilizing Time Efficiently
  • Capital Appreciation
  • Purchasing Power
  • Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

2:00 - Introduction

4:29 - Dependent Care

5:50 - Tax Credits

6:58 - Investing v. Gambling

8:02 - UGMA / UTMA

10:25 - Kiddie Tax

12:47 - Catch-up Contributions

15:40 - Social Security Benefits

17:55 - Qualified Charitable Distributions

19:00 - Charitable Giving Strategy

20:27 - RMDs (Required Minimum Distributions)

21:51 - Aligning Your Financial Goals

 

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