Today on New Retirement Radio, CPA Jon Sluis joins us as we discuss year-end tax planning, IRAs, and the case coming before the Supreme Court next June, deciding whether or not Congress can tax unrealized gains. Taxing unrealized gains may sound like something you’d see in Russia or hear about in fifth grade as a lofty aphorism. Apparently, however, the Supreme Court feels the need to weigh in on this one because, according to The Wall Street Journal, it’s the most important tax case in decades. We’ll offer our opinions on what this proposal could mean and the impact might have on our economy. There are still lots of questions year-end planning, so Jon will share his best advice on how to approach this and help you navigate an always complex set of rules in the U.S. tax code. As always, your questions are welcome and anticipated! 

Tune in and take control!

On this week’s show, we will honor the legacy of Charlie Munger, Vice President of Berkshire Hathaway, who passed away on November 28. His road to success was one where he started from nothing and achieved what very few others have by sheer hard work, associating with the best people he could, sprinkled in with significant talent honed over the years with significant research and experience. His axioms can help those pursuing higher achievement and a general attitude that can motivate us all. Next, Heidi will discuss the pros and cons of taking Social Security earlier or later (as the case may be) to help you potentially make a better decision as you think about retirement. Heidi’s information is from Heather Schreiber, RICP, and her monthly Social Security newsletter. This is an extensive piece, which we’ll discuss over the next two weeks, so we can fully cover all the material. Last, Deann will cover the interesting stats of billionaires passing on inheritances to their children and the amazing transformation occurring in that space. So much to cover in so little time! 

Tune in and take control.