Tag: Children
Secure Act 2.0: What does it mean for you? (Ep. 11)

Secure Act 2.0: What does it mean for you? (Ep. 11)

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The Secure Act 2.0 was signed into place on December 23, 2022.  This opens several new strategies you can dip into, in order to save for your retirement and/or fund important goals such as education. 

In this episode, Josh Leonard discusses the number of changes this act has brought forward to us so that we can save more money more efficiently. Whether you are in the planning stage of your retirement or are looking into the future to understand how to further your savings, this episode will help you move forward. 

Josh discusses: 

  • What this act means for people under or over the age of 72
  • Changes in required minimum distributions and how the reduction penalty has lowered 
  • The increase in catch-up contribution amount for different plans
  • The ability to roll leftover 529 funds into a Roth IRA tax and penalty-free
  • How you can more effectively donate to charities of your choice
  • And more

Resources:

Connect with Josh Leonard: 

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Gifts of Financial Wisdom for Your Grandkids (Ep. 8)

Gifts of Financial Wisdom for Your Grandkids (Ep. 8)

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Looking for last-minute gift ideas for your Grandkids? Look no further! Although they might be looking for fun toys, it might be time to offer them the gift that keeps on giving; a solid financial foundation. 

In this episode, Josh Leonard is joined by Bill Leonard, father and founder of the Leonard Advisory Group. As the holiday season is sneaking up on us, it might be time to start thinking about some non-traditional gifts you can offer your children. These gifts can aid in the stability of their financial future, whether that is opening a savings account for them or offering aid through goal setting. 

Josh and Bill discuss: 

  • Ways to incentivize savings accounts among younger children
  • Some out-of-the-box gift ideas you can offer your children or grandchildren that can help their financial future 
  • Some teachable moments that come from fun experiences
  • How to help your children understand the idea of savings 
  • And more

Resources:

Connect with Josh Leonard: 

About our Guest:

William Leonard founded Leonard Advisory Group to fill in the gaps he saw when helping his mother plan for retirement. Bill focused much of his career on the insurance and annuity industry. As an independent advisor, he helped thousands of retirees and pre-retirees face the financial challenges that lie ahead with confidence. Since 1996, Bill has worked in a variety of capacities, gaining valuable experience with insurance. In 2007, he became an independent consultant, focusing on income protection and retirement planning. Bill was an honorary host of the “Protecting Your Profits” radio show on 94.5 3WS Pittsburgh and a weekly guest on the national broadcast “Financial Safari” radio show heard locally on NewsTalk 104.7 FM. He has also been featured on WISR 680 AM and WORD FM. In his free time, Bill enjoys traveling, boating, skiing, hiking, biking, restoring antique vehicles, and spending quality time with family, friends, and clients. He has been married to his wife, Cindy, for almost 40 years. They have three children: Zach, Josh, and Zoey, as well as a crazy border collie named Sweep. After over 25 years of assisting families transition into retirement Bill is excited to transition himself into retirement at the end of 2022.

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