In this episode of "Do More with Your Money," host T.J. van Gerven interviews financial planner Zechariah Schaefer. They discuss Schaefer's personal journey into finance, his focus on helping high-earning Gen Z and millennial innovators, and the common financial pain points his clients face. Schaefer shares his views on cryptocurrencies, the importance of rental income in real estate investments, and strategies for business owners. They also discuss the concept of impact investing and the importance of estate planning for younger clients.  Zechariah's firm website Zechariah's LinkedIn

In this episode of "Do More With Your Money," host TJ van Gerven chats with financial planner and bitcoin advocate Isaiah Douglass. They discuss the history and evolution of money, the creation of Bitcoin, and its potential as a store of value and investment. Douglass explains the concept of Bitcoin's self-regulation, the role of miners, and the energy consumption of Bitcoin mining. He also discusses the potential growth of Bitcoin, the risks associated with having only dollar-denominated assets, and the importance of choosing a reliable custodian for holding Bitcoin. Douglass emphasizes the importance of education in understanding Bitcoin.

In this episode of "Do More With Your Money," host TJ van Gerven discusses the differences between Roth and traditional contributions for high-income earners. He explains the tax implications of both and how one's current and future income tax bracket can influence the decision. He also touches on the potential for future tax rate increases and the concept of Roth conversions or backdoor Roth contributions. The episode emphasizes that choosing between Roth and traditional contributions is a personal decision based on individual tax situations.

In this episode of "Do More With Your Money," host TJ Van Gerven discusses the often overlooked risk of long-term disability in financial planning. He explains the importance of having coverage, especially for those in early career stages, and highlights the need for understanding one's employer-sponsored coverage. Van Gerven also discusses the difference between own occupation and any occupation coverage, the potential limitations of employer plans, and the importance of supplemental coverage. He concludes by encouraging listeners to review their coverage, request their full policy from their employer, and explore portable coverage options.

In this podcast episode, TJ van Gerven discusses target date funds and their practicality for investors, particularly those who are just starting out. Target date funds are mutual funds designed for retirement investing with a specific future date in mind. The fund's asset allocation is adjusted over time to align with the target date, starting with a more aggressive investment strategy and gradually shifting towards a more conservative allocation. Target date funds offer a convenient one-stop solution for investors, with low expense ratios and exposure to international companies. While some argue they can be slightly more expensive compared to basic index funds, the difference is generally negligible.

In this podcast episode, host TJ van Gerven discusses the topic of withholding for high-income earners and understanding safe harbor rules. He explains the difference between withholding on paychecks and actual tax rates, highlighting that the withholding rate on bonus income may not always be accurate. To simplify the process, TJ suggests focusing on the safe harbor limit, which ensures that a certain amount is withheld on taxes to avoid penalties for under-withholding. He also advises keeping the extra tax reserve in a high-yield savings account to earn interest. TJ emphasizes the importance of working with a tax professional or financial advisor to determine appropriate withholding and estimated payments based on income.

In this podcast episode, host TJ van Gerven discusses the concept of the Mega Backdoor Roth 401(k) and how it can be a beneficial strategy for long-term savings and tax diversification in retirement. He explains the different types of contributions available in a 401(k) plan, including pre-tax and Roth contributions. He also highlights the benefits of making strategic financial decisions early in your career and building flexibility for future financial security.

In this episode of the podcast "Do More With Your Money," host TJ van Gerven discusses the wash sale rule and its implications for equity compensation. He explains what a wash sale is and how it can inadvertently be triggered with equity compensation such as restricted stock, stock purchase plans, and stock options. The consequences of triggering a wash sale are explored, including the disallowance of losses and complications in tracking cost basis and taxes. The episode concludes with an invitation for listeners to reach out with any questions on equity compensation.

In this podcast episode, financial advisor TJ van Gerven shares insights on how to effectively work with a financial advisor. He highlights the importance of understanding different types of advisors and their compensation structures. van Gerven suggests seeking advisors who prioritize advice and have a comprehensive approach to financial planning. He recommends reputable sources for finding advisors and emphasizes the benefits of working with advisors who specialize in specific niches. van Gerven also discusses various compensation methods and expresses a preference for a flat fee model. Lastly, he advises working with independent advisors.

In this podcast episode, TJ van Gerven discusses employee stock purchase plans (ESPPs) and their benefits and trade-offs. He explains that ESPPs offer a discount on company stock, potential savings through a lookback period, and the option to sell immediately for a profit. However, he warns about holding period requirements and concentration risk. van Gerven advises listeners to assess their cash flow and consider maximizing their ESPP contributions, while also emphasizing the importance of selling ESPP proceeds to avoid concentration risk and understanding the tax implications. He suggests using Rule 10b5-1 to plan the sale of company stock and encourages listeners to review their ESPP plans and take full advantage of the benefits.