In this episode of the PFS Podcast, Mark Paller, Jamison White, and Mark Mogle break down the ins and outs of Roth IRAs and whether they’re the right choice for your retirement strategy. They discuss the key benefits, including tax-free withdrawals and the absence of required minimum distributions, while also addressing common misconceptions. The hosts examine how income levels, future tax rates, and recent legislative changes impact the effectiveness of a Roth IRA. They also explore the new rules allowing 529 plan rollovers into Roth IRAs, offering parents a flexible savings option. Tune in to learn whether a Roth IRA should be part of your financial plan and how to maximize its potential benefits.

In this episode of the PFS Podcast, we explore the stress and anxiety that often accompany tax season—and how to turn it into an opportunity for financial growth. Mark Mogle discusses common emotional reactions to filing taxes, the importance of a financial checkup, and the benefits of tax extensions. With insights on tax planning and preparation, this episode will help you approach tax season with confidence and clarity.

In this episode of the PFS Podcast, Mark Paller, Jamison White, and Mark Mogle dive deep into tax planning strategies that can help you maximize savings while staying compliant with the law. They break down the difference between tax planning and tax evasion, emphasizing why misinformation on social media can lead to costly mistakes. The discussion covers key tax-saving opportunities, including retirement contributions, health savings accounts, and charitable giving. With potential tax law changes on the horizon, they also explore how policy shifts could impact your financial future. Tune in to ensure you're making the right tax moves and not leaving money on the table.

In this episode of the PFS Podcast, hosts Mark Mogle and Mark Paller break down the latest economic and market trends, offering insights into opportunities and risks in 2025. They discuss key takeaways from recent financial conferences, including the impact of AI and technology on investment growth, the energy sector’s expansion, and the importance of evaluating market valuations. Mark and Mark also share strategies for navigating a shifting interest rate environment and avoiding common investment pitfalls like yield traps. Tune in for practical financial insights to help you make informed decisions in today’s evolving market.

In this episode of the PFS Podcast, Mark Mogle dives into the realities of financial New Year’s resolutions—why they often fail and how to set yourself up for success in 2025. He shares practical steps for taking control of your finances, from reviewing your assets and tracking spending to making small but impactful adjustments. Mark also explores the psychology behind financial habits and how incremental changes lead to long-term success. Tune in to gain valuable insights and set yourself up for a financially strong year ahead.

In this episode of the PFS Podcast, Mark Paller explores the concept of deferred gratification and its profound impact on financial success and personal fulfillment. Using stories of family traditions, childhood lessons, and the famous Stanford Marshmallow Experiment, Mark illustrates the power of patience and long-term thinking. He explains how waiting for rewards—whether in baking, investing, or life—can lead to greater financial security, personal growth, and lasting happiness. Tune in for practical insights on planning, saving, and making wise financial decisions that stand the test of time.

In this episode of the PFS Podcast, Mark Paller shares essential insights for managing the care of loved ones with chronic medical conditions. He covers three key areas—legal, financial, and practical—to help listeners prepare for the complex responsibilities involved. From setting up durable power of attorney to reviewing account titles and accessing online accounts, Mark emphasizes the importance of careful planning. He also discusses the emotional and logistical challenges of caregiving and the need for patience and compassion. Tune in for valuable guidance on navigating this significant life journey.

Money can be an uncomfortable topic, yet avoiding it often leads to greater family tension, especially when it comes to transferring wealth across generations. Older generations may fear resource misuse or negative effects on motivation, while younger family members often avoid the subject to sidestep appearing presumptuous. Miscommunication around financial matters can drive wedges between siblings and loved ones. Working through these issues with a third party can help families foster stronger relationships and peace of mind. Tune in as we explore the value of open financial conversations and the potential benefits for family harmony and resource growth.