As the end of November approaches, it’s a great time to take a closer look at your financial plans and make any necessary tweaks to prepare for the year ahead. That’s why this week, Jude and Marc are sharing some financial items that you should be thinking about as the year winds down. Whether it’s reviewing your retirement contributions, exploring tax-saving strategies like QCDs, or tax-loss harvesting, let's make sure you're finishing the year on a high note.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:48 – The importance of tax loss harvesting

4:55 – Maximizing retirement contributions

8:23 – Optimizing tax brackets

10:29 – Charitable contributions and QCDs

12:41 – End of year savings and HSAs

16:02 – Bunching deductions

Get the "What Issues Should I Consider Before The End Of The Year?" Guide here:

https://drive.google.com/file/d/1-uGZpXb4KdavKB2JEjolQot5xYIdZ7EM/view?usp=sharing

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

We talk about the ticking tax time bomb a lot on this show regarding the national deficit. It’s a reality we are faced with, and while it sounds scary, there are action steps that you can take to minimize the impact of potential future tax increases on you.

In this episode, Jude and Marc explore how tax efficiency funnels can be utilized to optimize your financial strategy and mitigate the risks associated with these rising taxes. Jude breaks down the three tax funnels- the pre-tax funnel, the post-tax funnel, and the tax-advantaged funnel- and discusses the benefits and drawbacks of each.

With the Tax Cut and Jobs Act set to expire in 2025, the window for taking advantage of current low tax rates may be closing. It’s important to strategize now and prepare for the potential changes ahead.

Here’s some of what we discuss in this episode:

0:00 – Intro

5:06 – The pre-tax funnel

7:05 – The post-tax funnel

8:37 – The tax-advantaged funnel

9:01 – Real-world example

13:24 – Potential expiry of the Tax Cut and Jobs Act

15:17 – Action steps you can take

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

We’re thrilled to be back with former U.S. Comptroller General David Walker for today’s show. With decades of experience serving under both Republican and Democratic administrations, Walker is here to share his expert insights on America's fiscal health.

Last episode, we focused on the U.S. national debt, fiscal responsibility, and the challenges posed by excessive government spending. Today, we’re covering some strategies that you can take to help protect yourself from potential economic challenges. Listen in as we talk about the importance of personal financial responsibility, including being debt-free, diversifying income streams, and planning for the long-term. We also discuss the critical role of leadership in addressing the national debt crisis.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:41 – What David learned on his bus tour

2:28 – What we can do + what David wants to see from government leadership

7:28 – Looking at your finances holistically

10:19 – David’s thoughts on recent Fed rate cuts

17:37 – Wrap up

More about David:

https://dbb.defense.gov/Board-Members/Board-Members-Bio-view/Article/3160065/

America in 2040:

https://americain2040.com/

Get your free copy of David’s new book: America in 2024 (while supplies last)

Text 941-269-2499

David’s Books:

America in 2024: Still A Superpower? A Pathway to Success

https://www.amazon.com/America-2040-Superpower-Pathway-Success/dp/1665500824

Comeback America: Turning the Country Around and Restoring Fiscal Responsibility

https://www.amazon.com/Comeback-America-Turning-Restoring-Responsibility/dp/0812980727

David on X

https://x.com/davidmwalker7

The Tax Bomb

https://thetaxbomb.com/

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

In this episode of The Roth Guy, we’re excited to welcome a very special guest, former U.S. Comptroller General David Walker. With decades of experience serving under both Republican and Democratic administrations, Walker is here to share his expert insights on America's fiscal health.

From the staggering national debt to the hidden tax of inflation, Walker breaks down complex economic issues in a way that's easy to understand and paints a sobering picture of what the future could look like if current trends continue. He warns that without significant changes, the US could face slower economic growth, increased taxation, and even the potential loss of the U.S. dollar as the world's reserve currency.

What can we do in light of this outlook? Join us for part 2, where we’ll explore actionable steps you can take to prepare for whatever lies ahead.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:38 – Current fiscal condition of the US

8:49 – The impact of fiscal imbalance on Americans

14:53 – Future financial challenges + stewardship

More about David:

https://dbb.defense.gov/Board-Members/Board-Members-Bio-view/Article/3160065/

David’s Books:

America in 2024: Still A Superpower? A Pathway to Success

https://www.amazon.com/America-2040-Superpower-Pathway-Success/dp/1665500824

Comeback America: Turning the Country Around and Restoring Fiscal Responsibility

https://www.amazon.com/Comeback-America-Turning-Restoring-Responsibility/dp/0812980727

David on X

https://x.com/davidmwalker7

The Tax Bomb

https://thetaxbomb.com/

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

We've all heard about the national debt and deficit, but how do they actually impact your retirement plans? In this episode, Jude clarifies these often-confused terms and explores the challenges posed by the growing national debt. He also discusses how these factors influence inflation and your savings strategy as you approach retirement.

Tune in as Jude and Marc talk about potential solutions and strategies and share some practical advice for managing your retirement accounts tax efficiently.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:19 – National deficit vs national debt

5:40 – Historical context and current spending

8:47 – Inflation and its impact on retirement

10:45 – Maximizing retirement savings

15:26 – Being savvy with your money

Resources for this episode:

U.S. Debt Clock

https://www.usdebtclock.org/

Should I Contribute To my Roth IRA Vs Traditional IRA Flow Chart

https://drive.google.com/file/d/1nhrQKyai9HKtb3oTYWXZ-xVzHOtHWZMk/view?usp=sharing

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

Join us for this episode of “The Roth Guy” as we cover the fundamentals of Roth IRAs. We'll start with the basics: What exactly is a Roth IRA? Jude breaks down the essential components, including the differences between traditional IRAs and Roth IRAs, and why it's crucial to consider tax diversification in your retirement strategy. He’ll also cover important topics such as contribution limits and eligibility for 2024, as well as the differences between Roth contributions and conversions.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:52 – The basics of Roth IRAs and tax diversification

5:55 – Contribution limits in 2024 + finding balance

10:49 – Roth contributions vs conversions

14:03 – Roth conversions and Medicare premiums

Check out the Tax Efficient Funnels pdf HERE

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

Welcome to this inaugural episode of The Roth Guy with Jude Wilson! We’re so excited to bring you this new show on YouTube and your favorite podcasting platforms. Join us as we take a look into the world of finance, retirement planning, tax planning, and more!

Just like any great superhero movie, your financial journey has its challenges- taxes, inflation, market risks- but with the right guidance, you can become the hero of your own financial story. In this first episode, you'll meet your guide, Jude Wilson, and get a preview of what’s to come in future episodes.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:12 – What to expect from The Roth Guy

3:13 – The impact of tax policies

5:15 – Upcoming financial education

6:33 – Roth conversions

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/

We’re excited to announce our new podcast launching in the upcoming weeks! Join us as we discuss the impending expiration of the Tax Cuts and Jobs Act, potential future tax increases, and the importance of tax diversification in this episode. We introduce "The Roth Guy" and explore how proactive planning can help you achieve a tax-smart retirement.

Contact:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592