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.
Start with the question:
Which best describes your situation?
Download the Decision Tree
Do you or your spouse have earned income?
This grid gives a snapshot of possible plans.
Have your Medicare plan costs and/or health care costs recently increased or are you paying for coverage that you don't use?
Will you have enough money in your emergency fund after paying off the debt(s) in question?
Do you have a High Deductible Health Plan with a deductible of at least $1,500 for individuals ($3,000 for families)?
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?
Did you or your spouse gift the property you inherited to the decedent within one year before their death?
Flowcharts that help you quickly and easily analyze the most common planning strategies available to your clients.
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
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
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.
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.
We work with CPAs every day.
To learn more, click here for our CPA Resources
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.
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Our tools will assist CPAs in serving their clients
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5 Things Retirees Say They Wish They Were Told Before They Began Retirement, with Lou Melone
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The 5 Essentials of Smart Investing: With Lou Melone of Budd, Melone & Company, An Interview With Jason Hartman
Client Relationship Manager