The Financial Call

Are you a homeowner or looking to become one? Here’s where you can learn about all the insurance you may need! Listen in as Zacc and Laura are joined by insurance professional Spencer Shelton to delve into property and casualty insurance. They discuss various personal and commercial insurance types, including auto, home, and umbrella policies. Spencer explains the nuances of homeowners' insurance, such as the differences between HO-3, HO-4, and HO-5 policies, and the significance of flood insurance. The conversation highlights the importance of understanding insurance coverage, the benefits of umbrella policies, and the need for individuals to review and discuss their insurance needs with agents. Other discussion points include: Connect With Capita Financial Network: info@capitamail.comtfc@capitamail.comCapita Financial NetworkLinkedIn: Zaccary Call LinkedIn: Laura HadleyLinkedIn: Capita Financial Network Facebook: Capita Financial Network Connect with Spencer Shelton: LinkedIn: Spencer SheltonShelton Insurance Group

In this special bonus episode Zacc Call joins Erik Soderborg on the 90 Days from Retirement Youtube channel to delve into the most pressing questions from the internet following their recent episode on Roth vs. Traditional. This engaging discussion offers valuable insights and answers to commonly asked questions, providing listeners with a comprehensive understanding of the complexities surrounding these critical financial decisions. Topics covered include: Traditional & RMDs (Required Minimum Distributions): Unpack the nuances of Traditional retirement accounts and navigate the intricacies of Required Minimum Distributions. Are Taxes Going Up? Explore the current landscape of tax policies and discuss whether taxes are expected to increase in the foreseeable future, influencing retirement planning strategies. Roth Income Limits: Shed light on the income limits associated with Roth IRAs and how they impact eligibility and contributions. Spousal IRA: Provide guidance on the often-overlooked Spousal IRA option, offering couples additional avenues for optimizing their retirement savings. Backdoor Roth: Demystify the concept of a Backdoor Roth IRA and explain how it can be a strategic option for individuals facing income limitations for direct Roth contributions. Will Roths Be Taxed? Delve into the speculation and considerations surrounding the potential taxation of Roth IRAs in the future, offering listeners a forward-looking perspective on their retirement planning. To get the full spectrum of information, make sure to check out the complete video on the 90 Days from Retirement YouTube channel. Additionally, visit Erik Soderborg's website at 90daysfromretirement.com for more resources, tools, and insights to empower your journey towards a secure and fulfilling retirement. Don't miss this bonus episode packed with expert advice and practical tips to navigate the Roth vs. Traditional dilemma and make informed decisions for your financial future. Questions from the Internet: Roth vs. Traditional - https://www.youtube.com/watch?v=-U_su7Ak7QE Watch the original interview that started it all! Exposing the TRUTH About Roth vs Traditional Accounts | Financial Conversations: https://www.youtube.com/watch?v=VHHNYdpVwrU&t=1s

Long-term care insurance is becoming an increasingly fundamental addition to the financial planning process. That’s why Zacc Call and Laura Hadley, along with insurance professional Barney Tanner, are diving into the intricacies of long-term care and disability insurance. They discuss the likelihood of needing long-term care, the various payment options including insurance, and the importance of planning for potential costs. The episode also explores the differences between standard and linked benefit insurance policies, the role of ADL requirements, and the nuances of disability insurance coverage. Discussion points include: Resources: Guided Path 8-1 Pre-65 Health Care Options for Early Retirees Guided Path 8-2 Navigating the Alphabet Soup of Medicare Guided Path 8-3 Life Insurance Guided Path 8-4 Life Insurance: When To Get It, When To Drop It Connect with Capita Financial Network: info@capitamail.comtfc@capitamail.comCapita Financial NetworkLinkedIn: Zaccary Call LinkedIn: Laura HadleyLinkedIn: Capita Financial Network Facebook: Capita Financial Network Connect with Barney Tanner: LinkedIn: Barney Tanner, CLTC®Allegis Advisor Group About Our Guest: Barney Tanner is a seasoned National Brokerage Director with over 20 years of experience nurturing key relationships that lead to sales growth and ensure client retention. Extensive experience in all aspects of business development and wealth planning including developing key client relationships, leading and building teams, developing successful strategies, and making relationship-based sales. Barney continually exceeds expectations by creating valuable partnerships and works well with people at all levels of an organization including stakeholders, C-suite executives, management, underwriters, staff, and agents.

Get ready for another special bonus episode where Zacc Call joins Erik Soderborg on the "90 Days from Retirement" YouTube channel! They dive deep into the critical art of securing your retirement funds, covering everything from external risks to the internal decisions that could make or break your financial future. The conversation dives deep into the intricacies of risk tolerance, savvy withdrawal strategies, and debunking the 4% rule, all while stressing the need for a personalized approach tailored to your unique circumstances. Erik and Zacc pull back the curtain on the impact of taxes on retirement, delivering a fresh perspective on potential challenges and the absolute necessity for meticulous financial planning. Catch the full video on Erik Soderborg's channel for a complete look into these crucial retirement insights. Ready to supercharge your financial knowledge? Don't forget to explore Erik's website and watch more of his engaging videos on YouTube. Full video: https://www.youtube.com/watch?v=flCDgSy25e0&t=1s Erik’s Website: https://90daysfromretirement.com/

There’s no magical date marked on the calendar telling you when to get life insurance. So, when should you get it, and is there a time you should get rid of it? In this episode, Zacc Call and Laura Hadley discuss both when to get and when to drop life insurance. Zacc shares his journey with life insurance, starting from when he married at 22, highlighting its importance for end-of-life expenses and family support. They explore the financial implications of death, such as mortgage and income continuation for survivors, emphasizing tailored coverage. The advisors also consider when retirees might drop life insurance, noting that those with ample assets may not need it. Zacc and Laura discuss: Resources: The Cost of Dying - Talk With The Expert Matt Russon Connect with Capita Financial Network: info@capitamail.comtfc@capitamail.comCapita Financial NetworkLinkedIn: Zaccary Call LinkedIn: Laura HadleyLinkedIn: Capita Financial Network Facebook: Capita Financial Network

Explore an exclusive bonus episode featuring Zacc Call and Erik Soderborg from 90 Days from Retirement, where they unravel the intricacies of optimizing your Social Security benefits. Delve into valuable insights on maximizing your financial future. Catch the full interview on Erik's YouTube channel for a comprehensive guide to securing your retirement. Full video: https://www.youtube.com/watch?v=KXFqGra9qHI&t=937s https://90daysfromretirement.com/

Does it feel like you’re constantly being pitched life insurance? There’s a reason for that and we’re going to tell you why. In this episode, Zacc Call and Laura Hadley explore the intricacies of life insurance. Zacc shares his journey with thyroid cancer and underscores the value of life insurance in providing financial security during unforeseen health issues. They discuss the importance of determining the right amount of coverage, differentiating between term and permanent life insurance, and the potential pitfalls of policies with investment components. The conversation also covers the motives behind selling permanent life insurance, the role of financial professionals, and the considerations for children's life insurance and funeral costs. Zacc and Laura discuss: Zacc’s personal story about being diagnosed with thyroid cancer & how it impacted his ability to obtain life insurance How you can determine the right amount of insurance coverage for your situation The investment aspects of permanent life insurance Life insurance for children + employer-provided insurance And more Connect with Capita Financial Network: info@capitamail.comtfc@capitamail.comCapita Financial NetworkLinkedIn: Zaccary Call LinkedIn: Laura HadleyLinkedIn: Capita Financial Network Facebook: Capita Financial Network

Navigating the intricacies of Medicare can feel like wading through an alphabet soup of confusion and misinformation. To help you feel less overwhelmed, Zacc Call and Laura Hadley break down the different parts of Medicare and explain key points to keep in mind before enrolling — so you can make an informed decision based on your healthcare needs. Zacc and Laura discuss: Resources: Guided Path 8-1 Pre-65 Health Care Options for Early RetireesHealthCare.gov90 Days From Retirement: Erik Soderborg (Website)90 Days From Retirement: Erik Soderborg (YouTube) Connect with Capita Financial Network: info@capitamail.comtfc@capitamail.comCapita Financial NetworkLinkedIn: Zaccary Call LinkedIn: Laura HadleyLinkedIn: Capita Financial Network Facebook: Capita Financial Network

Retiring early is a dream for many. However, people often hesitate due to a fear of high healthcare costs, given that Medicare doesn’t come into play until the age of 65. We address this concern today — in the first episode of our brand-new season about insurance! Zacc Call and Laura Hadley explore three options for pre-65 health care coverage: COBRA plans, retiree plans offered by employers, and plans obtained through the exchange. Zacc and Laura discuss: How COBRA helps address any gaps in coverage (switching jobs, retiring early, etc.) Tips on navigating healthcare.gov to compare plans and identify potential subsidies Personal experiences and anecdotes to illustrate the nuances of each option A sneak peek into the upcoming episodes of this season And more Resources: Money & Mind HealthCare.gov Connect with Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network

If you plan to exit your business soon and are charitably inclined, you may have untapped tax-saving opportunities! In this episode, Zacc Call and Laura Hadley discuss tax-efficient charitable giving strategies for business owners planning to exit their businesses. They specifically share ways to leverage donor-advised funds (DAF) and charitable remainder trusts to reduce capital gains tax and maximize your tax deductions. Zacc and Laura discuss: Resources: Guided Path 7-1 Charitable Giving: Donating Cash vs. Stocks Guided Path 7-2 Timing Your Charitable Giving Guided Path 7-3 Qualified Charitable Distributions Guided Path 7-4 Donor-Advised Funds Guided Path 6-4 Exiting Your Business From A Legal Standpoint Connect with Capita Financial Network: info@capitamail.comtfc@capitamail.comCapita Financial NetworkLinkedIn: Zaccary Call LinkedIn: Laura HadleyLinkedIn: Capita Financial Network Facebook: Capita Financial Network

Let’s discover how to maximize your impact on your favorite charities while enjoying tax benefits using donor-advised funds! In this episode, Zacc Call and Laura Hadley discuss DAFs, their benefits, growth, and associated sponsors and fees. They emphasize the importance of separating tax decisions from the act of giving and the timing flexibility DAFs offer. Listen as they share a case study of a physician who optimized his charitable giving through a DAF, highlighting the flexibility and simplicity of this fund. Zacc and Laura discuss: What a Donor-Advised Fund (DAF) is and how to implement it in your financial plan A real-life success story that highlights avoiding a higher tax rate to save money How DAFs can help you differentiate between the reasons why you want to give The logistics of DAFs including their minimum contributions and various fees The benefits of using a DAF as an IRA beneficiary And more Resources: Guided Path 7-1 Charitable Giving: Donating Cash vs. Stocks Guided Path 7-2 Timing Your Charitable Giving Guided Path 7-3 Qualified Charitable Distributions Connect with Capita Financial Network: info@capitamail.comtfc@capitamail.comCapita Financial NetworkLinkedIn: Zaccary Call LinkedIn: Laura HadleyLinkedIn: Capita Financial Network Facebook: Capita Financial Network

Let’s continue to learn how to reduce your taxes while increasing your giving potential! More specifically, with the help of Qualified Charitable Distributions! In this episode, Zacc Call and Laura Hadley discuss the benefits of Qualified Charitable Distributions (QCDs) for individuals aged 70.5 or older. They explain how QCDs (Qualified Charitable Distributions), made directly from pre-tax IRA accounts to charities, can reduce taxable income and potentially lower Medicare premiums. They also discuss the importance of timing these distributions to maximize tax savings. They cover the limitations of QCDs, such as the inability to donate to donor-advised funds. Zacc and Laura discuss: The potential of your QCDs (Qualified Charitable Distributions) Why timing is everything: How to time your charitable contributions effectively Everything you need to know about RMDs (Required Minimum Distributions) when charitable giving How to use your Qualified Charitable Distributions to satisfy your personal Required Minimum Distributions And more Resources: Guided Path 7-1 Charitable Giving: Donating Cash vs. StocksGuided Path 7-2 Timing Your Charitable Giving Connect with Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network

In this episode, Zacc Call and Laura Hadley discuss the tax benefits of charitable giving, focusing on the strategy of "bunching" or "doubling up" donations. They explain the impact of the standard deduction on tax benefits and how timing donations can optimize tax savings. They also introduce the concept of a donor-advised fund (DAF) as a tool for controlling the timing of your donations and itemized deductions. They emphasize that the cause, not the tax benefit, should be the primary motivation for your giving–no matter where it’s going. Zacc and Laura discuss: The concept of standard deduction and how it affects your tax benefits The strategy of “bunching” and “doubling up” your charitable giving The role of donor advised funds (DAFs) How to better manage cash flow when you’re prepaying donations And more Resources: Guided Path 7-1 Charitable Giving: Donating Cash vs. Stocks Connect With Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network

In this engaging episode, financial experts Zacc Call and Erik Soderborg come together on Erik's YouTube channel 90 Days From Retirement to unravel the complexities of Roth and Traditional retirement accounts. Zacc and Erik provide listeners with valuable insights into how each account aligns with varying financial goals and circumstances. They demystify the common misconceptions surrounding Roth and Traditional accounts, empowering the audience to make informed decisions for their unique financial situations. The dynamic conversation delves into scenarios, strategies, and key factors to consider when choosing between Roth and Traditional accounts. Whether you're a seasoned investor or just starting your financial journey, this episode offers essential knowledge to optimize your retirement savings. Tune in to gain a deeper understanding of the financial landscape and equip yourself with the tools to make sound choices on your path to financial prosperity! This engaging conversation has already received over 100k views on Youtube. Watch the full video: Exposing the TRUTH About Roth vs Traditional Accounts | Financial Conversations

It’s a brand new season with brand new topics! It’s time to unravel the intricacies of charitable giving. In this episode, Zacc Call and Laura Hadley discuss the benefits of donating cash versus stocks, and the potential tax advantages associated with each option. They also explore potential tax implications and limitations based on your income level and the type of charity you give to. Join the conversation as Zacc and Laura discuss: Why donating stocks as your form of charitable giving is extremely “tax savvy” The varying processes for donating stocks versus cash to a charity “The Happiness Factor” and how it contributes to charitable giving And more Resources: Guided Path: Seasons 1 - 6 Connect with Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network

Creating clear processes and systems can skyrocket the valuation of your business. In this episode, Zacc Call and Laura Hadley, along with their friend and colleague Tyson Long discuss the importance of having the right network and team of professionals when selling or owning a business. They highlight the order in which you should address the different categories of owning a business and the mentality you should have when tackling them. They also discuss the importance of involving a spouse in financial planning and the need for professionals like a bookkeeper, business tax expert, and personal tax expert. Zacc, Laura, and Tyson discuss: The 5 pillars of business management: Which one do you tackle first when exiting? How to start curating your professional network when managing or exiting your business Business management from a legal point of view & how to start better incorporating your spouse into the business’ finances Finding the right people to manage your enterprise and put a value on your family business And more Resources: Guided Path 6-4 Exiting Your Business From A Legal Standpoint Guided Path Estate Planning Series Connect with Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network Connect with Tyson Long: LinkedIn: Tyson Long, CFP®, CPWA®

In today’s episode, Zacc Call and Laura Hadley talk about exiting your business from a legal perspective with the help of attorneys Bryant Jensen and Megha Kundra from Fabian VanCott. Listen as they discuss the process business owners need to take when exiting their business, how to properly evaluate the market, review financials, and prepare for the sale. Bryant & Megha discuss: A breakdown of the legal costs associated with exiting your business How to properly document the entire valuation and exit process Strategies for maximizing the value of a business before selling And more Resources: Guided Path 6-1 Business Structures Guided Path 6-2 Choosing the Best Retirement Plan for Your Small Business Guided Path 6-3 Invest In Your Business & In Your Retirement Connect with Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network Connect with Our Guests: LinkedIn: Fabian VanCott FabianVanCott.com LinkedIn: Megha Kundra LinkedIn: Bryant W. Jensen

Knowing how to effectively scale your business can greatly impact your retirement plans. Just imagine the opportunities and challenges that come with taking that leap! In this episode, Zacc Call and Laura Hadley discuss investing in your business and retirement as a business owner. They differentiate between business creators and solo practitioners, emphasizing the importance of scaling up a business to increase income potential. They also caution against relying too heavily on the value of the business as a retirement plan and discuss the challenges and trade-offs of scaling a business. Zacc and Laura discuss: The difference between business owners and solo practitioners: How does this affect how you exit your business? How to diversify your retirement savings as a business owner Mitigating the common challenges of business ownership (Scarcity of resources, time, money, talent, and a diverse network!) How to scale up your business and increase your retirement income And more Resources: Guided Path 6-1 Understanding the Tax Implications of Different Business Structures Guided Path 6-2: Choosing the Best Retirement Plan for Your Small Business Connect With Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network

Are you feeling overwhelmed by the complexity of small business retirement plans? In this episode, Zacc Call and Laura Hadley are joined by their Capita colleague, and recurring guest, Tyson Long to analyze and provide detail surrounding various retirement plan options for small business owners. Their suggestions are not one-size-fits-all but rather catered to consider factors like the number of employees and annual saving goals. Listen as they highlight the need for more simplification and better options for small business owners. Throughout the episode, Zacc, Laura, and Tyson discuss: The pros, cons, and ideal scenarios for utilizing a Simple Account, IRA, Solo 401k Plan, SEP IRA, Simple IRA, and Company 401k Plan The proposed simplification of the 401k system for smaller companies and the potential benefits it could bring The tax flexibility and other benefits offered by non-retirement accounts The opportunities in alternative investments, such as real estate and private businesses And more! Resources: Guided Path 1-4 Retirement Income Risks with Tyson Long, CFP, CPWA Guided Path 3-5 Real Estate with Tyson Long, CFP®, CPWA® Guided Path 3-6 Navigating the World of Alternative Investments with Tyson Long, CFP®, CPWA® Guided Path 4-4 Retiree Tax Strategies: Helping You Save Money On Taxes Connect with Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Tyson Long, CFP®, CPWA® LinkedIn: Capita Financial Network Facebook: Capita Financial Network Connect with Tyson Long: LinkedIn: Tyson Long, CFP®, CPWA®

What type of business structure should you use to limit your taxes and liability? In this episode, Zacc Call and Laura Hadley discuss various business structures and their implications for your taxes and liability. They explain that most business structures are pass-through entities, except for C corporations which are subject to double taxation. Plus they delve into sole proprietorships, partnerships, and limited liability corporations (LLCs), highlighting the risks and benefits of each. Listen to gain insight on: The different tax implications of Sole Proprietorships, Partnerships, and LLCs & which structure you should use in your business The benefits of S Corporations in your business structure How these different structures affect your liability (how to protect your assets if you get involved in a lawsuit!) The process of opting out of or back into Social Security as a self-employed individual And more Connect with Capita Financial Network: info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network