Month: August 2017

Episode #016: Business Owner Retirement Plans with Tommy Mai

Right on the Money host, Dennis Mattern, discusses a retirement income strategy for small business owners with Tommy Mai, president of Tommy Mai Financial, located in Westminster, California. Tommy Mai Financial works with small business owners on 401(k)s, specializing in plans for doctors, lawyers and dentists, those who really need help in terms of reducing annual taxes. This is an opportunity for high income business owners to put money aside for themselves, but also take care of their employees. “With the defined benefit plan, basically the employers are defining the benefits for the employee by the time those employees...

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Episode #015: Federal Retirement Plans Changes with Brent Ford

Right on the Money host, Dennis Mattern, discusses retirement income strategies with Brent Ford, owner and operator of Benefit Resource Partners, located in Milwaukee, Wisconsin. The paradigm has shifted for federal employees in the past 30 years because of the multitude and fluctuation of change. Working with the federal government, you tend to see a lot of legislative changes when it comes to retirement planning. There are two retirement systems for the federal government: Civil Service Retirement (pre-1983 retirement system) and Federal Employee Retirement System (FERS). FERS is a cost-saving measure that relieves some of the responsibility on the...

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Episode #014: Can Insurance Be Part of an Overall Retirement Income Plan? with Larry Lerner

Right on the Money host, Dennis Mattern, discusses retirement income strategies with Larry Lerner, owner and operator of Artist’s Business Management Group, located in Woodland Hills, California. There is still a lot to learn when it comes to retirement income planning. That’s why the DIY approach is usually not suggested. Spending time with a financial professional can help inform you on where you stand with your retirement income plan. Examine the options available to make the best choice for your situation. Don’t wait until it’s too late–take control of your retirement income plan with Larry Lerner and Artist’s Business...

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Episode #013: How Taxes Can Affect Your Retirement with Tommy Mai

Right on the Money host, Dennis Mattern, discusses how tax planning can affect your retirement income strategy with Tommy Mai, president of Tommy Mai Financial, located in Westminster, California. With Tommy Mai Financial’s approach to tax planning is similar in nature to their business model of giving clients and new-comers the best customer experience possible. They want to make sure the client is able to take every single deduction out that is allowed by the IRS. “We want to pay our fair share,” Mai jokes, “but we sure as heck don’t want to pay more than our share.” Tommy...

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Episode #012: Determining Your Retirement Income with Brent Ford

Right on the Money host, Dennis Mattern, discusses retirement income strategies with Brent Ford, owner and operator of Benefit Resource Partners, located in Milwaukee, Wisconsin. What does the process look like when you work with Benefit Resource Partners? The first step is Benefit Resource Partners wants to figure out what benefits program you have through the federal government. You fill out a workbook that goes through every nuance of all the government’s benefit packages and they make sure to look through every option available to you. The goal is for you to know exactly what you are getting from...

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