CPA Monthly Insights

Our exclusive content for CPAs this month includes eight new decision trees regarding Retirement Plans, Social Security, Medicare, Student Loan 529 HSAs, Debt, Tax, IRA and Roth IRAs

We invite you to listen to our newest podcast episode: Financial Planning If You Are Under 30. 

Am I Eligible For Social Security Benefits As A Spouse?<br/>

Am I Eligible For Social Security Benefits As A Spouse?

Start with the question:

Which best describes your situation?


Download the Decision Tree

Can I Make A Deductible IRA Contribution?

Can I Make A Deductible IRA Contribution?

Start with the question:

Do you or your spouse have earned income?


Download the Decision Tree



Common Retirement Plans For Small Business Owners

Common Retirement Plans For Small Business Owners

This grid gives a snapshot of possible plans.


Download the Decision Tree

Should I Change My Medicare Coverage During Open Enrollment?

Should I Change My Medicare Coverage During Open Enrollment?

Start with the question:

Have your Medicare plan costs and/or health care costs recently increased or are you paying for coverage that you don't use?


Download the Decision Tree

Should I Pay Off My Debts?

Should I Pay Off My Debts?

Start with the question:

Will you have enough money in your emergency fund after paying off the debt(s) in question?


Download the Decision Tree

Can I Make A Deductible Contribution To My HSA?

Can I Make A Deductible Contribution To My HSA?

Start with the question:

Do you have a High Deductible Health Plan with a deductible of at least $1,500 for individuals ($3,000 for families)?

 

Download the Decision Tree

Will I Be Enrolled Automatically In Medicare?

Will I Be Enrolled Automatically In Medicare?

Start with the question: Have you (or will your have) received Social Security or Railroad Retirement benefits for at least 4 months before turning age 65?

 

Download the Decision Tree

Will I Receive A Step-Up In Basis For The Appreciated Property I Inherited?<br/>

Will I Receive A Step-Up In Basis For The Appreciated Property I Inherited?

Start with the question:

Did you or your spouse gift the property you inherited to the decedent within one year before their death?

 

Download the Decision Tree

Decision Tree Flowcharts<br/>

Decision Tree Flowcharts

Flowcharts that help you quickly and easily analyze the most common planning strategies available to your clients.

Categories include

  • General Tax
  • Mortgage & Auto Debt
  • IRA & Roth IRA
  • Retirement Plans for Businesses
  • Social Security, Medicare, Health Insurance
  • Student Loan 529 HSA
2023 Retirement Plan Comparison Chart

2023 Retirement Plan Comparison Chart

This handy guide can help you narrow the focus and zero in on a retirement plan that could work for your clients in 2023. Because of the complexities involved with qualified retirement plans, always consult your legal or tax advisor to be sure you are complying with the rules.  Please note: Updates coming from Secure Act 2.0


 Click here for the: 2023 Retirement Plan Comparison Chart, Courtesy of Melone Private Wealth

2023's Retirement Plans for Closely Held Businesses: A Business Owner's/CPA's Reference Guide

2023's Retirement Plans for Closely Held Businesses: A Business Owner's/CPA's Reference Guide

This whitepaper is a guide for you and your clients.  

It will help in determining which plan is most appropriate for your client's situation and items to be reviewed.


Click here for 2023's Types of Retirement Plans for Closely Held Businesses Guide, Courtesy of Melone Private Wealth

Unpack Your Financial Baggage: Conversations with Lou Melone CFP®

Episode 5: Financial Planning If You Are Under 30<br/>

Episode 5: Financial Planning If You Are Under 30

Lou Melone, CFP®, Melone Private Wealth’s Managing Member, Branden Carney CFP®, Wealth Planner at Melone Private Wealth and renowned podcast host Jon Gay talk about financial planning for people under thirty. 

Topics reviewed include: why young people don’t have a financial plan, the obstacles they face to saving, their reluctance to thinking about retirement, and how the financial planning industry can reach the younger generation.

This financial planning podcast helps answer a fundamental two part question ‘will you outlive your money, or will your money outlive you? …And the answer comes down to having a plan and understanding behavioral investing.

Unpack Your Financial Baggage

Unpack Your Financial Baggage

In his new book, Lou Melone, CFP outlines how you (or a client) can employ the principles and practices of financial planning to acquire long-term wealth for both family and those you cherish most.

Learn More

CPA Resources

CPA Resources

Financial Planning Content for CPAs

Financial Planning Content for CPAs

Our goal is to give CPAs information that will allow them to speak with clients about their retirement goals and how a financial plan will benefit them. 

Click here to access

CPA Tools <br/>

CPA Tools

Our tools will assist CPAs in serving their clients

Click here to learn more

Authority Magazine

Authority Magazine

5 Things Retirees Say They Wish They Were Told Before They Began Retirement, with Lou Melone

Click here for article

Authority Magazine

Authority Magazine

The 5 Essentials of Smart Investing: With Lou Melone of Budd, Melone & Company, An Interview With Jason Hartman

Click here for article