In this episode of That Financial Guy, I break down the various investment accounts available for kids and how they can set the foundation for a strong financial future. From saving for college to teaching them about investing early, I will explore the key differences between:

• 529 Plans – The go-to option for education savings with tax advantages, but with restrictions on how the funds can be used.
• UTMA Accounts – A flexible way to gift assets to minors, but control shifts to the child at a certain age.
• Custodial Roth IRAs – A powerful, tax-free growth opportunity for kids with earned income, setting them up for long-term wealth.
• Regular Brokerage Accounts – A simple and flexible way to invest, but with flexibility

I will discuss the benefits, limitations, and tax implications of each, helping you decide which account is the best fit for your child’s future goals. Whether you're saving for college, building generational wealth, or just looking for a smart way to introduce investing, this episode covers what you need to know.

In this episode, I take a straightforward look at managing your 401k after retirement. I will be discussing practical options, such as whether to transfer your 401k to an IRA or maintain it in your current plan, and explain the pros and cons of each choice. Our conversation covers:

• Conversion Options: Evaluating the benefits and drawbacks of different rollover strategies.
• Withdrawal Strategies: The Rule of 55!. Planning systematic withdrawals to optimize your retirement income.
• Tax Implications: Understanding the tax considerations that come with each decision.
• Risk Management: Balancing potential growth with the need for financial security.
• Expert Analysis: Insights from financial professionals to help inform your decisions.

This episode aims to provide clear, actionable information for anyone looking to make informed choices about their retirement savings.

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

I am looking forward to seeing you achieve your financial goals!

In this episode, we’re diving into the world of Health Savings Accounts (HSA)—one of the most powerful yet often misunderstood financial tools. We’ll break down how to maximize your HSA benefits, common mistakes to avoid, and strategies to turn your account into a long-term wealth-building asset.

Join us as we discuss:
✔️ Who qualifies for an HSA and why it matters
✔️ The best ways to save, invest, and spend your HSA funds
✔️ Tax advantages and how to make the most of them
✔️ Why your HSA could be a secret retirement powerhouse

Whether you're new to HSAs or looking to fine-tune your approach, this episode will give you the practical tips and insights you need to make smarter healthcare and financial decisions.

🎧 Tune in now and take control of your retirement savings!

Let me know what you think! Leave your comments and questions here: keith.wilson@lpl.com

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

I am looking forward to seeing you achieve your financial goals!