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New Retirement Radio with Dennis Prout Podcast

The days of simple retirement planning are gone and those who can manage their own portfolio are choosing not to. Prout Financial Design began over 25 years ago as an education based financial planning practice. Dennis Prout, Certified Financial Planner, believes that each client should not only understand their finances, they should be actively involved in the decisions made. Join the conversation! Dennis' radio show can be heard LIVE every Thursday at 10 am on News Talk 580 am or you can listen here instead. Thanks for tuning in! Advisory Services offered through Capital Asset Advisory Services, a Limited Liability Company, and a Registered Investment Advisor. Prout Financial Design does not provide tax, accounting, or legal services. Please consult the appropriate professional regarding your individual circumstance. Not associated with or endorsed by the Social Security Administration or any other government agency.
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May 25, 2017

In this week’s show Dennis Prout and Shea Petaja review items from Ed Slott’s recent newsletter which provided 14 great tips for non-spouse beneficiaries.  The first tip is “touch nothing”!  Before you make a move, talk to an advisor to avoid expensive tax mistakes. More than likely, you are splitting the inherited account and the mandated deadlines are important to be aware of.  Also, you will need to name a beneficiary to these accounts as well.  Who knew there was so much to know!

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