The Executive Financial Planning Podcast

Balanced Wealth Group
  • 5.0 (22)
  • Investing

For busy, equity-compensated professionals at publicly traded companies who are tired of losing money in the gaps most financial advisors overlook. Hosted by Matt Daugherty, CFP®, CRPC®, ECA, partner and CEO of Balanced Wealth Group, each episode turns complexity into clear, actionable strategy — so you can protect what you've built, keep more of what you earn, and choose balance in every area of your life.

  1. 1d ago

    S2E3 The HSA Mistake Costing High Earners Thousands

    Most people treat their HSA as a spending account for the year's medical bills. Used correctly, it's something far more powerful: the only account that's tax-free going in and tax-free coming out! In this episode, Matt explains why the HSA is the most underused tool for people in the highest tax brackets, how paying medical costs from other cash lets the account invest and grow untouched, and why saving your receipts lets you reimburse yourself decades later. For the right person, the tax advantage is hard to beat. This is Episode 3 of Season 2: The Benefits Blind Spot. Connect with us at www.choosebalance.com/contact.

  2. 4d ago

    S2E2 The Deferred Compensation Election You Can't Undo

    Come benefit election time, you're still checking the same box you checked five years ago. With deferred compensation, that box is one of the few money decisions you can't undo. In this episode, Matt breaks down why executives rush their deferred compensation election every November without revisiting it, and why the tax break you take today only becomes a real benefit if the money comes out in a lower bracket than it went in. Interested in talking with a financial advisor who actually understands your complex benefits? Connect with Matt and his team at www.choosebalance.com/contact.

  3. 6d ago

    Tax Mistake #6: The Foreign Tax Credit You're Not Allowed to Use

    If you own stocks of companies headquartered overseas, you're likely paying a foreign tax on those dividends and normally the U.S. gives you a credit so you're not taxed twice. But hold those same stocks in the wrong type of account, and you can end up paying that tax without ever getting the credit back. It comes down to knowing what you own, where it's taxed, and holding it in the right bucket. Want an experienced financial advisor to help you understand the after-tax return on your holdings? Schedule a call at ChooseBalance.com.

  4. Sep 7

    S2E1 You Negotiated Your Salary. You Ignored Your Benefits.

    Welcome to Season 2 of the Executive Financial Planning Podcast! A full season on the benefits blind spot: the open-enrollment choices high earners rush through every year that quietly costs them thousands. In this opening episode, Matt walks through the mistakes he sees every open-enrollment season, why "same as last year" is rarely the right answer, and the one question to ask yourself before you click through your elections. This is Episode 1 of Season 2: The Benefits Blind Spot. Want to make sure you're getting the most out of your benefits? Schedule a call at ChooseBalance.com.

  5. Sep 4

    401(k) Did You Knows & the Mega Backdoor Roth

    Most people treat their 401(k) as a checkbox: contribute 6%, get the match, move on. This episode runs through a series of "did you knows" that show how much you're likely leaving on the table. Hear about the real contribution limits, after-tax contributions that unlock a mega backdoor Roth, and the NUA strategy for appreciated company stock. Matt also discusses the "tax control triangle" — a simple way to see whether your after-tax, pre-tax, and Roth buckets are out of balance. Managed well, the 401(k) is one of the most powerful wealth-building tools you own. Interested in discussing your 401(k) strategy with a financial advisor? Connect with Matt's team at Balanced Wealth Group. www.choosebalance.com/contact

  6. Sep 2

    Tax Mistake #5: Don't Let the Tax Tail Wag the Dog

    Municipal bonds are tax-free...so they must be the smart move, right? Not always. In this episode, Matt talks about how to compare tax-equivalent yields (and why your state matters), plus the tax-deferred "buckets" worth considering if deferring taxes is really your goal. The lesson: don't let the tax tail wag the dog of your investment portfolio. Follow along to hear more common tax mistakes and hear Season 2 of the podcast starting next week! www.choosebalance.com

  7. Aug 31

    The Lesson of the Five Balls: Tips for Achieving More Balance

    Balance isn't something you achieve and keep; it's a direction you keep walking back towards. You're juggling five balls: work, family, health, friends, and integrity. Here's the thing most people learn too late — work is a rubber ball. Drop it, and it bounces back. The other four are glass. Drop one, and it's scuffed, nicked, or shattered for good. This episode steps away money tips to talk about being intentional with the things that truly matter in life. *The original "Five Balls of Life" theory was introduced at the 1991 Georgia Tech commencement ceremony by former Coca-Cola CEO, Brian Dyson. Don't miss Season 2 of The Executive Financial Planning Podcast starting next week!

  8. Aug 28

    The 4 Tax Traps Hiding in Your Inheritance

    Your inheritance may not be as big as you think because your parents could be leaving you a tax trap along with the money. In this episode, Matt breaks down four traps that quietly shrink what you keep. The fix is often simple tax-bracket arbitrage: having parents in a lower bracket recognize income now, so you don't pay 30%+ on it later. Matt also shares practical ways to start the conversation with parents who don't love talking money. That inheritance may not be as big as you think — because your parents could be leaving you a tax trap along with the money. In this episode, Matt breaks down four traps that quietly shrink what you keep: pre-tax IRAs and 401(k)s that heirs must drain (and pay tax on) within 10 years, non-qualified annuities with decades of untaxed gains, old AB trusts that miss a second step-up in basis, and homes gifted during life instead of inherited — forfeiting the step-up entirely. The fix is often simple tax-bracket arbitrage: having parents in a lower bracket recognize income now, so you don't pay 30%+ on it later. Matt also shares practical ways to start the conversation with parents who don't love talking money. Consult a CPA or attorney before acting. Part of our series on the mistakes costing families thousands. That inheritance may not be as big as you think — because your parents could be leaving you a tax trap along with the money. In this episode, Matt breaks down four traps that quietly shrink what you keep: pre-tax IRAs and 401(k)s that heirs must drain (and pay tax on) within 10 years, non-qualified annuities with decades of untaxed gains, old AB trusts that miss a second step-up in basis, and homes gifted during life instead of inherited — forfeiting the step-up entirely. The fix is often simple tax-bracket arbitrage: having parents in a lower bracket recognize income now, so you don't pay 30%+ on it later. Matt also shares practical ways to start the conversation with parents who don't love talking money. Interested in review more possible tax traps hiding in your financial life? Connect with us at www.choosebalance.com!

See All (98)

5
out of 5
22 Ratings

About

For busy, equity-compensated professionals at publicly traded companies who are tired of losing money in the gaps most financial advisors overlook. Hosted by Matt Daugherty, CFP®, CRPC®, ECA, partner and CEO of Balanced Wealth Group, each episode turns complexity into clear, actionable strategy — so you can protect what you've built, keep more of what you earn, and choose balance in every area of your life.

Information

You Might Also Like