The Kuderna Podcast Bryan Kuderna

Steven Benedict is a professional track and field athlete, entrepreneur, author, and philanthropist. He ranked 20th in Nationals in the 200 meter sprint, won the 4x100m at the Penn Relays, and is an Olympic Trials qualifier at 40 years-old. He grew up as a foster child and credits his faith and lessons learned on the track for getting him through adversity.
 Follow Steve at https://stevieyb.com and on Instagram at https://www.instagram.com/stevieyb22/.
This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian. This material contains the current opinions of the speakers but not necessarily those of PAS, Guardian or its subsidiaries and such opinions are subject to change without notice. None of the organizations mentioned in this podcast have any affiliation with Guardian or PAS. Bryan Kuderna is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 50 Tice Blvd. Woodcliff Lake, NJ 07677 (973)244-4420. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Kuderna Financial Team is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License #OK04194
#2024-173613 Exp. 4/26

Host and Certified Financial Planner, Bryan Kuderna, discusses the importance of protection in personal finance and focuses on insurance and how to pick the right insurance carrier. He emphasizes the need to understand the language and terms of insurance contracts and the importance of planning for unexpected events. Bryan also highlights the difference between price and cost, and the role of quality and value in insurance decisions. He introduces the Comdex ranking as a tool to evaluate the credit worthiness of insurance carriers.
This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian. This material contains the current opinions of the speakers but not necessarily those of PAS, Guardian or its subsidiaries and such opinions are subject to change without notice. None of the organizations mentioned in this podcast have any affiliation with Guardian or PAS. Bryan Kuderna is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 50 Tice Blvd. Woodcliff Lake, NJ 07677 (973)244-4420. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Kuderna Financial Team is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License #OK04194
#2024-172108 Exp. 3/26

Jerri Williams, a former FBI special agent, shares insights into the world of fraud and economic crime. She discusses the anatomy of a Ponzi scheme, using the New Era Foundation case as an example. Williams explains how fraudsters manipulate victims and the psychology behind their actions. She also delves into other types of scams, such as advanced fee schemes and business-to-business telemarketing fraud. Williams highlights the importance of international cooperation in investigating and prosecuting fraud cases. She concludes by discussing the traits and motivations of fraudsters, as outlined in the fraud triangle: opportunity, pressure, and rationalization. In this conversation, Jerri Williams discusses the motivations behind fraud, the role of punishment in deterrence, the importance of staying apolitical in law enforcement, the biggest threats facing Americans and business owners, the need for a third political party, and her favorite roles as an FBI agent, podcaster, and author.  


 
Check out Jerri's books and podcast at https://jerriwilliams.com.
 
 
This episode is brought to you by "What Should I Do with My Money?: Economic Insights to Build Wealth Amid Chaos", available in paperback, Kindle, or audiobook wherever books are sold... https://www.amazon.com/What-Should-Do-My-Money/dp/1264857934/ref=sr_1_1.
 
This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian. This material contains the current opinions of the speakers but not necessarily those of PAS, Guardian or its subsidiaries and such opinions are subject to change without notice. None of the organizations mentioned in this podcast have any affiliation with Guardian or PAS. Bryan Kuderna is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 50 Tice Blvd. Woodcliff Lake, NJ 07677 (973)244-4420. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Kuderna Financial Team is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License #OK04194
#2024-171983 Exp. 3/26

Bryan explores the stock market and the success of Nvidia. He discusses the basics of stocks, how businesses raise money, and the concept of going public. The episode also explains how investors make money through dividends and capital appreciation. He covers the different ways to track stocks and introduces popular market indexes like the Dow Jones, S&P 500, and NASDAQ. The concept of indexing and diversification is also explored. Lastly, the episode touches on the history of entrepreneurial financing.
Learn more about the interplay between economics and stock market performance in Bryan's book, "What Should I Do with My Money?".  Click here to order https://www.amazon.com/What-Should-Do-My-Money/dp/1264857934/ref=sr_1_2 
This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian. This material contains the current opinions of the speakers but not necessarily those of PAS, Guardian or its subsidiaries and such opinions are subject to change without notice. None of the organizations mentioned in this podcast have any affiliation with Guardian or PAS. Bryan Kuderna is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 50 Tice Blvd. Woodcliff Lake, NJ 07677 (973)244-4420. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Kuderna Financial Team is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License #OK04194
#2024-171978 Exp. 3/26
 

In this episode of the Kuderna Podcast, host Bryan Kuderna discusses the concept of IRA maximization. He explains the three legs of the retirement system, which include social security, defined benefit pensions, and private savings. He emphasizes the importance of private savings, particularly through qualified retirement plans like IRAs. Kuderna delves into the tax concerns and future liabilities associated with IRAs, highlighting the need for careful planning. He explains the concept of required minimum distributions (RMDs) and the impact of the Secure Act on the stretch IRA strategy. Finally, Kuderna introduces the IRA maximization strategy, which involves leveraging life insurance to generate tax-free benefits. He discusses the benefits and considerations of this strategy for high net worth individuals.
 
Takeaways IRA maximization is a strategy that involves leveraging life insurance to generate tax-free benefits for high net worth individuals. The three legs of the retirement system in the US are social security, defined benefit pensions, and private savings. Tax concerns and future liabilities associated with IRAs should be carefully considered and planned for. The Secure Act has impacted the stretch IRA strategy, often requiring non-spouse beneficiaries to take all RMDs within 10 years of the owner's death.
Chapters 00:00 Introduction to the Kuderna Podcast
00:30 Overview of IRA Maximization
01:27 The Three Legs of the Retirement System
03:21 Private Savings and the Role of IRAs
05:31 Understanding IRAs and Retirement Planning
10:23 Tax Concerns and Future Liabilities
18:04 Required Minimum Distributions (RMDs)
20:20 The Stretch IRA and the Secure Act
22:42 Introduction to the IRA Maximization Strategy
23:55 Using Life Insurance for Tax-Free Benefits
27:45 Benefits and Considerations of the IRA Maximization Strategy
 
*US Retirement Assets (CRS): https://crsreports.congress.gov 
*Exceptions to tax on early distributions (IRS): https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-exceptions-to-tax-on-early-distributions
 
This episode is brought to you by Weekly Wealthy Wisdoms, Bryan's free weekly E-newsletter packed with his best insights of the week.  Sign up for free at www.bryankuderna.com.
This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian. This material contains the current opinions of the speakers but not necessarily those of PAS, Guardian or its subsidiaries and such opinions are subject to change without notice. None of the organizations mentioned in this podcast have any affiliation with Guardian or PAS. Bryan Kuderna is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 50 Tice Blvd. Woodcliff Lake, NJ 07677 (973)244-4420. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Kuderna Financial Team is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License #OK04194
#2024-171976 Exp. 3/26

Bob Dougherty worked for over 25 years as an undercover Operations Officer for the Central Intelligence Agency (CIA). He has deep operational experience having personally managed and carried out multiple high-profile missions in the US, Europe, Central America, South America, and Middle East that lead to the capture of several most-wanted terrorists and the dismantling of their networks.  Bob has successfully worked against foreign terrorist groups such as The Islamic State, Al-Qaida, Hezbollah, HAMAS, Sendero Luminoso, Tupac Amaru Revolutionary Movement, the Japanese Red Army, and the Palestine Liberation Organization. In addition, Bob has extensive experience in working against Iranian state sponsored terrorism, and government of Iran intelligence and procurement operations worldwide.  He’s received over 20 service awards during his career with the CIA.
During the time period before and after the 9/11 terrorist attacks on the Homeland, Bob worked as the senior CIA officer on a FBI Joint Terrorism Task Force (JTTF) – which provided him substantive experience working the terrorism target inside the U.S. and in foreign countries through “over the horizon” operations.
Bob has served as a subject matter expert instructor on terrorism and countering terrorist cells inside the U.S. and overseas.  He is a senior instructor on Human Intelligence and Counter-Terrorism for U.S. military special operations elements including Naval Special Warfare, SEALS, and U.S. Army Green Beret units.
Bob is part of the guest speaker network of SpyScape and one of his major counter-terrorist operations (the capture of Abu Abbas) was subject of a recent episode.
 
This episode is brought to you by my new book, "What Should I Do with My Money?: Economic Insights to Build Wealth Amid Chaos", available in paperback, Kindle, and audiobook wherever books are sold.
This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian. This material contains the current opinions of the speakers but not necessarily those of PAS, Guardian or its subsidiaries and such opinions are subject to change without notice. None of the organizations mentioned in this podcast have any affiliation with Guardian or PAS. Bryan Kuderna is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 50 Tice Blvd. Woodcliff Lake, NJ 07677 (973)244-4420. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Kuderna Financial Team is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License #OK04194
#2024-168779 Exp. 2/26