401k plans are the focus of today’s podcast. Steve is joined by Cordasco Financial Network Retirement Plan Specialist Dennis Jablonoski. They offer insight and guidance for employees who participate in a 401k plan and for business owners or managers responsible for overseeing their company’s plan. They discuss contribution limits, permissible catch-up contributions, the value of an employer match, consumer protections, new 401k rules for 2021 and more.
Listening Time: 30 minutes
The price of bitcoin has surged 350% in just the last six months as major investors and large companies have begun to adopt its use. Average investors have taken notice and see it as a potential opportunity. Today we discuss bitcoin, one specific form of cryptocurrency, grabbing the headlines. Steve is joined by Cordasco Financial Network’s Client Service Specialist Evan Salter and Steve Proffer, a member of CFN’s Investment Committee. Evan helps us understand what bitcoin actually is, how the technology works and why its been so readily embraced by younger investors. Steve Proffer offers perspective on bitcoin’s appropriateness for inclusion in an investor’s long-term portfolio as well as what may be driving large companies to accept bitcoin as currency.
Listening Time: 26 minutes
The current economic conditions have created the need to change some of the investments used to build portfolios at Cordasco Financial Network. Our new investment allocation will have a significant impact on our bond investing. We’re taking a proactive stance, and using a strategy that includes a more actively managed dynamic bond portfolio. Today, Steve is joined by CFN Financial Planner Ryan Flurer to discuss the reasons for change and detail much of the work that goes into architecting an investment portfolio specifically designed and maintained to meet the ongoing needs of each individual investor.
Listening Time: 32 minutes
Cordasco Financial Network’s John Walker guides a discussion with CFN CPAs Tim Joseph and Jim Tate discussing important tax considerations for your 2020 IRS tax filing. The COVID-19 pandemic has had a financial impact in several areas that will need special attention from you and your tax preparer this year to ensure the accuracy of your return.
Listening Time: 21 minutes