Andy and Jason Cutitta from ToBa Financial share their thoughts on a handful of current events and "hot topics" relating to retirement planning. Specifically, they talk about:

• How to incorporate a potential inheritance into your retirement planning ( 12:30 )
• Limitations of the "Die With Zero" concept ( 18:55 )
• The upcoming ability to do in-plan Roth conversions in the federal Thrift Savings Plan ( 29:06 )
• Whose retirement accounts to take from first when spouses have a big age disparity ( 36:56 )
• When are you required to file a tax return. And even if you aren't required to file one, why you still should anyway ( 45:04 )
• How to try to project your income for the year when there are certain items you can't know for sure until later in the year ( 53:32 )
• When in the year is the best time to take your annual Required Minimum Distribution ("RMD") ( 1:01:02 )
• How much money do you need in retirement to justify hiring a financial advisor ( 1:08:21 )

Links in this episode:

• ToBa Financial website - https://www.jasoncutitta.com/toba-financial
• The Hawaii Retirement Show podcast - https://www.jasoncutitta.com/hiretirementshow

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com

• My company newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

Andy does a deep dive into everything about "backdoor" Roth contributions, which is where you make an after-tax contribution to a traditional/pre-tax account, and then convert it to a Roth account. Looks simple on the surface, but there are a lot of angles and gotchas to watch out for

Links in this episode:

• IRS Form 8606 - here
• Congressional meeting summary from December 2017 meeting on the Tax Cuts and Jobs Act - here

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com

Andy shares his background and how/why that shaped his views, beliefs and approach to providing tax-efficient retirement planning and related content through the Retirement Planning Education website, podcast, YouTube channel, blog and Facebook group

Links in this episode:

• Tenon Financial monthly e-newsletter - Retirement Planning Insights
• Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
• YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
• Retirement Planning Education website - www.RetirementPlanningEducation.com

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com