Hans and Robby are back again this week with a brand new episode This week's discussion is about how to either turn your k or IRA into a pension check Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Hans and Robby are back again this week with a brand new episode This week they discuss how you can purchase long term care life insurance with IRA k money Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

The passage of SECURE Act changed a lot when it comes to saving for retirement And we've just received some clarifications from the IRS about catch up contributions In is video Peter with Richon Planning and Erin Kennedy break down the changes that could affect you Despite previous guidance if you are looking to make a catch-up contribution in there won't be any changes However starting in those catch-up contributions will have to be made in your Roth account Here's what you need to know if you're at least years old or older no matter your income level you can [... more]

The IRS recently announced that we'll be able to sock away a lot more money for retirement starting in These increases are in line with an increased cost of living In this video Peter with Richon Planning and Erin Kennedy break down those changes and Peter explains how to prioritize your retirement savings If you'd like to talk through how to prioritize saving for your retirement or if you'd like to find out if you're properly tax-diversified please feel free to reach out to Peter by calling - or by visiting www RichonPlanning com Retirement k TaxStrategies TaxFree TaxDeferred [... more]

Hans Robby and Tom are back again this week with a brand new episode This week they give you all the juicy details on how to tax proof either your IRA or K Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Hans Robby and Tom are back again this week with a brand new episode This week they discuss early distributions of IRAs and Ks Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Robby and Tom are back again this week with a brand new episode This week they discuss long term care insurance from your k or IRA Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

More Americans are tapping their ks because of financial distress In fact the number of people who made a hardship withdrawal surged from the second quarter of If you're thinking of tapping your k early Peter with Richon Planning and Erin Kennedy explain how it works and the risks including -How can I withdraw money from my k without penalty -How the passage of the SECURE Act made hardship withdrawals even easier -The lost opportunity cost of tapping your k Keep in mind if you're not and you make a withdrawal not for a hardship you're going to face a [... more]

You've heard it before the best time to buy Long Term Care Insurance is before you need it Now you may not have an option Thirteen states are considering taxing you if you don't have a long-term care insurance policy And as Peter with Richon Planning explains to Erin Kennedy he believes we will see more and more states adopt the tax However there are ways to prepare for the tax and for the cost of LTC Insurance Following the passage of the SECURE Act you may be able to buy LTC insurance directly from your K Distributions from those [... more]

Hans and Robby are back again this week with a brand new episode This week Hans Robby and Tom Griffin discuss rolling over ks and more Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Hans and Robby are back again this week with a brand new episode This week Hans and Robby discuss ED slot k strategies Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

k s are generally the most accessible and easiest way to save for retirement but should you really be maxing out your contributions every year In this video Peter with Richon Planning and Erin Kennedy break down the pros and cons of stashing a lot of money in a pre-tax account and Peter explains when you should consider investing in other accounts as well If you'd like to sit down with Peter to determine where you should be putting your money to ensure a happy and tax-efficient retirement please feel free to give him a call at - or schedule [... more]

Hans and Robby are back again this week with a brand new episode This week Hans and Robby discuss lousy estate planning strategy via IRA k Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

To win any game you first must know the rules That rsquo s true for everything from Monopoly to your k And managing your k is certainly no game It rsquo s serious business On today's MoneyWise Live host Rob West will explain a little-known rule related to your k that could be a real blessing in a financial crisis Then he rsquo ll answer your questions on various financial topics nbsp See omnystudio com listener for privacy information [... more]

New Retirement Account Contribution Limits for The IRS just announced that it will boost the maximum contribution limit to k accounts by next year to This is the largest increase on record The contribution limit for an IRA is also set to increase to from As Peter with Richon Planning explains to Erin Kennedy this move will allow millions of us to contribute thousands more into tax- advantaged retirement accounts But keep in mind every retirement plan has to include tax planning and tax diversification In fact k s are known as retirement tax bombs If you'd like to talk [... more]

You can't invest in anything without first making some decisions And one of the biggest investment decisions you'll make is whether to choose an IRA or k On today's MoneyWise Live Rob West welcomes Mark Biller to explain if you have to choose one investment account over the other or if there's a way to have the best of both worlds Then Rob will answer your calls and questions on various financial topics See omnystudio com listener for privacy information [... more]

The economic impact of COVID has changed the way some of us have handled our Ks nbsp But saving for retirement is always important and the need for it doesn rsquo t change even when there rsquo s a crisis On the next MoneyWise Live hosts Rob West and Steve Moore talk about how the pandemic may have affected your retirement savings Then they rsquo ll answer answer your calls and questions on various financial topics What rsquo s in your k on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

k rsquo s are filled with rules that a lot of people aren rsquo t fond of But there rsquo s a little-known rule that applies to those accounts which could be a real blessing during a financial hardship On the next MoneyWise Live hosts Rob West and Steve Moore explain that rule and how you could possibly benefit from it Then they rsquo ll take your calls and questions on any financial topic It rsquo s the k Rule of on MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

At age the government makes you start making distributions from your IRA and k Hans goes over why you should think about required minimum withdrawals instead of required minimum distributions in your s and s Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

The tax benefits of employer-sponsored K plans are fairly generous for now But that could change as cash-strapped federal and state governments look to increase tax revenue in the future On the next MoneyWise Live hosts Rob West and Steve Moore tell us how to prepare for those changes We rsquo re planning for future tax increases on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

Hidden costs are everywhere and they might even be affecting your investments Most of us have money in a k an IRA or some other retirement plan But do we always know what that costs us in fees and commissions On the next MoneyWise Live hosts Rob West and Steve Moore pull back the curtain on investing rsquo s hidden costs Why fees matter when it comes to investing on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

There are tax benefits you are going to get out of having a Roth IRA in retirement Hans goes over what these are as well as what you can do right now no matter your age to make sure your IRA and k accounts are in a good spot Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

One of the most common retirement questions people ask is should they invest in a k or a Roth k Although both are good options worth considering they differ in eligibility employer contributions investment options and tax breaks On the next MoneyWise Live hosts Rob West and Steve Moore breakdown the differences between a k and a Roth k and which one may be right for you That rsquo s all coming up on the next MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

You often hear that one of the best investing decisions you can make is to max out any employer contributions to your k because it rsquo s free money nbsp But what if that money isn rsquo t so free nbsp On the next MoneyWise Live hosts Rob West and Steve Moore discuss some seldom talked about strings that are attached to k matching contributions nbsp More facts you need to know about your k on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

The SECURE Act was recently passed making big changes to your IRAs and ks Hans talks about what was changed how this will affect you and what you need to do Important note The SECURE act really does not have any affect on your Roth IRAs If you have more questions about all of this please reach out to us we would be happy to go through everything with you Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans [... more]

Most people have a basic knowledge of Required Minimum Distributions RMDs but few understand how they pertain to IRAs and ks as well as the intricate timing details that are essential to preparing to withdrawal for tax payments For a better understanding of the best times to withdrawal as well as avoiding penalties join John and Ron as they discuss a letter Ron recently received shortly after a big birthday Check out the show notes here https mrstillmansopus com retirement getting-your-rmd-ducks-in-a-row - RMDs for k s RMDs for IRAs Here's an example When do you have to make a withdrawal [... more]

In Mathew Jesus confronted the Pharisees and Sadducees when they tried to test Him saying that they knew how to interpret a red sky but couldn't interpret the signs of the times This week Hans and Robby talk about the fear and confusion of retirement taxes People tend to worry when their tax return is smaller than expected while in reality this is no cause for fear because the tax rates holistically have gone down It's important to know the difference between retirement policy and politics so you can plan financially and live well Hans recently participated in a webinar [... more]

First try to say this episode title three times fast Next take a listen and learn what you need to know about rolling over your k [... more]