State and local tax deductibility was capped in the 2018 federal tax law changes causing high tax states to look for ways to get around parts of the new law.  The IRS has now ruled against the state’s efforts to circumvent the cap causing some in congress to start pushing for a repeal of the SALT (state and local tax) cap. Cordasco Financial Network CPA Jim Tate joins me to discuss the dollars and cents of this and the unlikely position some politicians find themselves in by supporting the elimination of the SALT cap.

Program Length: 22 minutes

In the last ten years, exchange traded funds have become very popular, in part because investors can buy and sell any time the markets are open. In today’s discussion, I fill you in on something new called interval funds, which restrict total withdrawals to a range of 5% to 25% of fund assets in a specified period, such as once a quarter. Some fund companies believe interval funds can deliver higher returns because of illiquidity.  These funds also use higher risk investments that are usually only available to wealthy or institutional investors.  

Program Length: 24 minutes

We’re nearing the end of the first half of 2019, a time to look back, and look ahead, as I’m joined by Chad Tischer, member of the CFN investment team at DiMeo, Schneider & Associates. We cover the equity and bond markets, tariffs, Federal Reserve policy, the employment outlook, and more.

Retirement Planning Tips for Age Gap Couples

Married couples with a sizable age difference face unique challenges relating to retirement. I discuss the issues including how age gap retirement impacts social security decisions, asset distributions, and other financial matters.  I also talk about the psychological and social effects of one spouse retiring as the other maintains full-time employment.

Program Length: 25 minutes