Your Wealth & Beyond
About This Show
Your Wealth and Beyond podcast was created to empower entrepreneurs with the insight and information they need to effectively manage and control their personal and professional finances.
This is NOT just another podcast about money! Through a financial lens, we will focus on helping you grow your business, build your personal wealth and find purpose in what matters most.
Join Andrew Rafal, as he interviews leading industry experts and entrepreneurs who not only share their stories of success and failure, but provide actionable financial advice that can be used to get your ‘fiscal house’ in order, so you can take your business to the next level. The podcast will share strategies on asset protection (estate and insurance planning), minimizing taxes (pension and retirement plans) and staying mentally focused on growth while not sacrificing your personal or family life.
Andrew Rafal, Founder and CEO of Bayntree Wealth Advisors, will share the trial and tribulations he faced when starting 2 successful Investment Advisory firms from the ground up and what you need to do to protect your biggest and most important asset—your business. Your Wealth and Beyond also discusses the psychology behind success, time management strategies, how to grow the right company culture and ways to give back to your community.Read more »
Most Recent Episode
017: 5 Strategies to Reduce your Required Minimum Distributions
5 days ago
One of the goals of the Your Wealth & Beyond podcast is to arm you with the information to make sound decisions to build your retirement - and decumulate those assets to give you the income you need along the way. Because we’ve received more questions about required minimum distributions (RMDs), we’re tackling this issue across 3 episodes. If you missed it, click here to listen to Part 1, where we went over the basics of what you need to know about RMDs. In this second episode, we dig deep into strategies to reduce and minimize your required minimum distributions and show you how to keep more of the dollars you defer while you make your contributions - and live comfortably along the way. In this podcast interview, you’ll learn: How to roll your IRA into a 401(k) plan, if allowed, to save significant income if you’re still working. Why the HSA is the triple crown of retirement accounts - and how it can be hugely beneficial. How to reposition your money using a Roth to potentially bring down conversion costs and allow for tax-free growth. How you can use qualified charitable distributions to make tax-free donations using your required minimum distributions directly from your IRA to charity. Why delaying social security benefits and taking IRA distributions instead can help you maximize your social security withdrawals while minimizing your required minimum distributions. If you enjoyed this podcast, stay tuned for Part 3 of this series, where we’ll be talking about what you can do when you inherit an IRA or retirement account. And click here to download our FREE whitepaper on qualified charitable distributions! Complete Show notes: bayntree.com/17Read more »