We talk about IRAs a lot. Like, a lot, a lot. Every week in fact! And as tax season is quickly approaching, those of you who are proficient savers may be wondering what the rules and deadlines are. Thankfully, our trusted advisor on this topic, Ed Slott, himself has provided an extensive list for us to cover. We will go over deadlines, contribution limits, compensation for IRA eligibility, Roth IRA contribution rules and IRA trusts.
And if that’s not enough … we are going to talk about the hottest topic out there … GOLD! In the age of inflation, many of our clients have inquired about investing their IRAs in gold. Yes, it can be held in an IRA, but it MUST be done properly.
When it comes time to set goals, people tend to focus on what they need to improve vs. what they are already good at. Today, we will elevate what’s working in your life to achieve what’s next. But first, one must cut the noise. This skill is something athlete Cooper Kupp has achieved. His performance in 2021 was one of the greatest statistical receiving seasons in NFL history, and it wasn’t by accident. We will dig deeper into his story and the stories of our clients who we get to see every day.
Financial success isn’t just about the money, it’s about how to design your life to achieve it. Today, Dennis will discuss the impact of quieting yourself to determine who you are and where you want to go.
Rumors about the stock market being due for a correction appear to be coming true. Last Friday, we saw a swift decline and the “geeks” out there have been glued to their screens ever since. As inflation continues to rise and the stock market falls, we must find middle ground. How do we reckon the change without stimulus checks on the horizon? We can start by asking three things: 1) your risk tolerance; 2) how far you are from retirement; and 3) if you’re already retired, what accounts you should draw from.
These are wild times, and we’re going along for the ride!
What better way to begin the NEW year than with a NEW interview with Ed Slott on NEW Retirement Radio! We are excited to have him answer a few burning questions of ours, and hope that you call in with yours. Our discussion will revolve around how to leverage your retirement savings considering the new tax tables, Roth conversions, HSAs and so much more!