Best Advice Podcast Guys

Business owners: if you don’t offer retirement benefits, you risk losing top hires to larger companies. This episode explains the three common small-business options—SEP IRA, SIMPLE IRA and 401(k)—and why a 401(k) with an employer match often provides the best balance of recruitment value, flexibility and tax benefits.

Hosts walk through a real example where a safe-harbor 401(k) with a 4% match helped a boutique firm grow from seve...

Most people think that once you max out your 401(k), the game is over — but that's where the game begins. This episode lays out the exact playbook for what to do next so your money can grow tax-free, beat inflation, and build multigenerational wealth.

We cover high-impact moves like the backdoor Roth IRA, mega backdoor Roth, the triple-tax-advantaged HSA, taxable brokerage strategies, real estate and private equity alternatives, an...

Discover how a teen’s summer earnings can grow into a seven-figure retirement by using a custodial Roth IRA. The episode explains the math behind compound interest (example: $2,300/year from age 15 at an 8% return grows to about $1.3M), contrasts starting early versus starting at 30, and shows how much more you’d need later to catch up.

It also reviews alternative savings options—529 plans, UGMA/UTMA custodial accounts, and high-yi...

This episode breaks down the Mega Backdoor Roth strategy: how self-employed individuals can use a Solo 401(k) to push far beyond standard Roth contribution limits by combining employee and employer contributions and performing in-plan Roth rollovers.

Hosts explain contribution limits, step-by-step mechanics, a real example, and why this approach can create significantly larger tax-free retirement savings over time.

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In this episode we explain the step-up in basis: when you inherit assets, heirs receive them at current market value instead of the original purchase price, often wiping out decades of taxable gains. Using a real case where land bought for $40,000 in the 1970s was worth $1.8M at death, the step-up reduced a potential $362,000 tax bill to roughly $10,000.

We cover how the rule applies to real estate and stocks, why account type matt...

This episode explains the key difference between a fiduciary financial advisor (IAR/RIA) and a financial representative (registered rep), the legal standards they follow, and how those differences can affect your wallet and long-term plan.

It also covers practical steps to tell who you’re working with — registrations, standards of care, compensation models, and disclosures — and when a fee-only fiduciary or a commission-based rep m...

This episode compares buying the average U.S. home in 1995 versus investing the same $153,500 in the S&P 500 through 2024, showing the house growing to about $557,000 while the S&P investment reached $1.43 million (about $2.68M with dividends reinvested).

The hosts break down pros and cons: stocks offer diversification, liquidity, and higher long-term growth but come with volatility; real estate provides leverage, income po...

This episode explains the SECURE Act's hidden 10-year rule for inherited IRAs and why waiting to withdraw everything at once can trigger a massive tax bill.

Using a real example—an inherited $1 million IRA—the hosts show how spreading withdrawals (~$100,000/year) can keep you in lower tax brackets and saved one listener over $90,000 in taxes compared with a single lump-sum withdrawal in year 10.

They also cover exceptions where wai...

Welcome to the Best Advice Podcast, where hosts Rob Lovaglio, Dave Allen, and Frank Lovaglio break down complex financial topics into digestible bites. In this episode, they dive into the recent changes in state and local taxes, as well as updates on estate taxes. Discover how these changes might affect you and learn strategies to navigate them effectively. Get insights on making your life insurance policies non-taxable and explore...

If you've invested company stock in your 401k, you need to hear about Net Unrealized Appreciation (NUA). In this episode of the Best Advice Podcast, host Rob Lovaglio and Senior Advisor Daniel Courson unveil the tax-saving power of NUA. Learn how this strategy allows you to transfer company stock from your 401k to a brokerage account, minimizing taxes by paying ordinary income tax on the original investment and capital gains tax on...

Join Best of Bucks Podcast host Rob Lovaglio and Senior Advisor Daniel Corson as they dive into strategic charitable giving using Donor Advised Funds (DAFs). Discover how you can maximize tax benefits, avoid the year-end rush, and maintain the flexibility to support your chosen charities over time. Whether you’re donating appreciated stock, cash, or cryptocurrency, learn how to make your wealth work for good while keeping control o...

In this episode of the Best Advice Podcast, host Rob Lovaglio and managing partner Michael Allen explore how to protect retirement income during market crashes by using strategies employed by the wealthy. They discuss the bucket strategy, a method that nearly 90% of retirees use for a stress-free approach to market downturns.

Michael shares his weekend adventure on a Missouri farm, where he helped manage cattle with his brother-in-...

In this episode of the Best Advice Podcast, hosts Rob Lovaglio and Sylvia Lenaris-Williams delve into the newly announced Trump savings account, a groundbreaking initiative providing every child born in the U.S. with a $1,000 government-funded investment. Discover how this plan, combined with family contributions and compound interest, has the potential to impact your child's financial future significantly.

The episode provides a d...

In this episode of the Best Advice Podcast, host Rob Lovaglio and Senior Advisor Steven Young explore the complexities of retirement planning.

They discuss the potential pitfalls of relying on the traditional 4% withdrawal rule when not working with a professional team, as well as the impact of market downturns.

With a focus on healthcare inflation and sequence of returns risk, the episode offers insight into strategically navigati...

Welcome to the latest episode of Best Advice Podcast, brought to you by Security Financial Management. Hosted by Rob Lovaglio and featuring insights from Mitchell Walk.

This episode dives into the intricacies of Required Minimum Distributions (RMDs) and how they impact retirees. At age 73, retirees need to start withdrawing from their tax-deferred IRAs, but what if you don't need the money yet?

Explore strategic options, such as ch...

In this episode of the Best Advice Podcast, host Rob Lovaglio welcomes Dr. Pat McGreevy, a pioneering figure in applied behavior analysis and special education. Dr. Pat shares his inspirational journey from being a public school teacher for children with severe disabilities in the 1960s to creating a revolutionary curriculum, Essential for Living. Starting as a teacher determined to find better educational methods for children with...

In this eye-opening episode of Best Advice Podcast, hosts Rob Lovaglio, Dave Allen, and Mitch Allen, from Security Financial Management, dive deep into advanced strategies for managing highly appreciated stocks. Learn how to safeguard your stock positions with options like collars, enhance your income through covered calls, and explore the benefits of direct indexing. Tune in to gain insights that could protect your investments and...