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Retirement Planning Education, with Andy Panko

#201 - Q&A edition...A.I. and financial planning, the "withhold and replace" method of paying taxes, step DOWN in basis, TIPS ladders and MORE!

Retirement Planning Education, with Andy Panko

Andy Panko

Education, 401k, Annuities, Roth Ira, Pension, Financial Planning, Taxes, Tax Planning, Social Security, Investing, Ira, Roth Conversion, Retirement Planning

4.91.1K Ratings

🗓️ 23 April 2026

⏱️ 58 minutes

🧾️ Download transcript

Summary

Listener Q&A where Andy talks about: Correction to a previous Q&A episode regarding taxation of lump sum Social Security benefits paid in one year for benefits attributable to the prior year ( 9:54 )His thoughts on artificial intelligence and how it can impact the financial planning industry ( 13:00 )The "withhold and replace" method of paying taxes when doing IRA distributions or conversions and using the indirect 60-day rollover approach to ultimately pay taxes out of your ban...

Transcript

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0:00.0

We're about to have another Q&A episode where this week I'll talk about AI and financial planning,

0:05.1

the withhold and replace taxpaying strategy, step down in basis, tips, ladders, and much more in this the 2001st episode,

0:13.4

the Retirement Planning Education Podcast.

0:19.0

Welcome to the Retirement Planning Education Podcast, where you can learn all about IRAs and Roth IRAs, employer retirement plans, taxes, Social Security, Medicare, portfolio withdrawal strategies, annuities, estate planning, and much more.

0:33.8

And now here's your host, Andy Panko.

0:36.0

Hello, all you fine folks.

0:38.2

Welcome back.

0:39.6

Thank you, as always, for listening.

0:43.7

So today is the 200 first episode of the show.

0:49.6

Hope you enjoyed last week's 200th episode where I try to do something a little special.

0:53.5

Again, like I said last week, I don't feel like it was my best work.

0:54.8

But who knows?

1:00.5

There's been times doing videos or writing things or doing podcasts where I thought something was awesome.

1:01.2

I put a lot of time and energy into it and was like, wow, that was really good.

1:05.0

And then who knows, you know, kind of crickets on the feedback.

1:07.5

There's been other times I've put stuff out where it's like,

1:10.8

yeah, yeah, whatever, I, you know, I got it done. And then the feedback has been like, you know, some of my videos, for example that I used to do when I was still doing YouTube videos routinely, handful of years ago, got like really good feedback on some stuff. I was like, oh, that just seemed like that was kind of like a throwaway thing I did. But so this content creation thing always surprises me.

1:30.3

But anyway, moving on.

1:32.3

So today is this month's Q&A episode.

1:34.3

As always, thank you to everyone who sent in Q&As.

1:38.3

I think after today, I'm all caught up on questions.

1:42.3

There's a few other, like, show recommendations people,

...

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