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Tax-efficient Investing and Debt Reduction to Maximize Wealth at Retirement

This session covers tips on sequencing investing and paying off debts to maximize funds during retirement.

By AAII Puget Sound Chapter

Date and time

Wednesday, March 20 · 7 - 8:30pm PDT

Location

Online

Refund Policy

Contact the organizer to request a refund.
Eventbrite's fee is nonrefundable.

About this event

  • 1 hour 30 minutes

Tax-efficient Order to Invest and Pay Down Debts to Maximize Wealth at Retirement

Financial planning articles tell the reader to do everything they recommend as far as investing and paying down debts. However, most people run out of money each month before they can do everything recommended. Using an article in the Journal of Financial Planning that won the Montgomery-Warschauer Award (best article (out of all articles in the monthly Journal that year) contributing to financial planning in 2017), Professor Geisler will explain the tax-efficient rank-ordering for investing and paying down debts that will make any individual as wealthy as possible at retirement given the amount they don't spend (i.e., have available to invest or pay down debts) each month.

Embedded in the presentation is the answer to the following question: Are Health Savings Accounts (HSAs) better than an employer-matched 401(k)?

Professor Geisler will prove, surprisingly, that for some employees with a 50% 401(k) match, they would be slightly wealthier if they contributed to a Health Savings Account (HSA) before getting the maximum employer 401(k) match!

He will also explain why employees with high deductible health insurance who can contribute to a Health Savings Account should do both as the first step in the rank ordering--contribute the maximum to their HSA and contribute enough to a 401(k) to get the maximum employer match.

The presentation will cover several topics including:

  • Gain the ability to rank order based on after-tax expected return comparing contributions to Health Savings Accounts, Roth and traditional retirement accounts as well as paying down debts.
  • Determine whether an employee’s Health Savings Account contribution increases wealth more than an employer’s 401(k) matching contribution.
  • Learn the Six Steps to follow each year, each one to the extent your unspent cash allows, that maximizes wealth.

ABOUT THE PRESENTER

Greg Geisler, who received his PhD from University of North Carolina-Chapel Hill, is a Clinical Professor of Accounting at Indiana University-Bloomington. He teaches a course on “Taxes and Financial Planning” to students studying to be Certified Financial Planners.

His research interest is how taxes impact financial planning. In the last 11 years, he has published 6 articles in the Journal of Financial Service Professionals and 8 articles in the Journal of Financial Planning, including one that received the 2017 “Montgomery-Warschauer Award” for most outstanding article contributing to the betterment of the Certified Financial Planning profession and a different one that received that same award in 2022.

At his previous institution, he received the 2017 Chancellor’s Teaching Excellence Award.

He has been invited to present at many FPA chapter meetings and 3 FPA annual meetings.

He has been quoted in the Wall Street Journal and many times in the financial press and on newscasts.

He can be reached at geisler@iu.edu or at 812-855-3834. He will stick around for 1/2 hour after his presentation to answer specific questions you might have.

Donation:

Please enter a donation — as much as you can — The more you contribute, the better the speakers we can bring you.

If you choose not to donate to this online event and wish to have a link emailed to you instead, please send an email to webmaster@aaiips.org

Location:

This WEBINAR will be live streamed to your computer or mobile device using Zoom. The link for the WEBINAR will be available to all those registered in Eventbrite. Click on Tickets in the upper right of your screen, select this WEBINAR and then click on View Links.

Please note that you will need the Zoom App on your computer, tablet or phone. Click the following link to ensure you have Zoom set up before the meeting starts: http://zoom.us/test

In addition, we will send the meeting link out via email 3 days before the meeting and the 2 hours before the meeting.

6:45 p.m. — Link Live

7:00 p.m. — Presentation begins

8:30 p.m. — Adjournment

Open to the public. AAII membership is not required to attend.

Refunds: Contact us at least 24 hours before the event begins, and you will receive a full refund.



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