Financial Planner | Lover of all KC Sports| LinkedIn Dork | Adventurous Food Lover | Traveler | Wanna be (good) Golfer | Craft Brew Dork | Homebrewer
Joined March 2013
- Tweets 5,950
- Following 98
- Followers 1,157
- Likes 4,831
2,514 Photos and videos
Bought your annuity with pre-tax money?
You might have just signed up for RMDs.
Read more 👉 bit.ly/418MJtW
#annuities #RMD #Taxes
35
Investment Help Isn’t Retirement Planning - Managing investments is only one part of retirement.
True planning also includes taxes, income strategy, healthcare, and estate coordination.
Read more 👉 bit.ly/3N1e8tW
#RetirementPlanning #FinancialPlanning #Fiduciary
11
Good news: seniors get expanded tax deductions. Bad news: those lower revenues may trigger cuts to Medicare funding. Confused? We break it down here:
Read more 👉 bit.ly/4mYKW3W
#medicare #onebigbeautifulbill #retirement
3
The @lsedfoundation is giving you a unique opportunity to win a one-of-a-kind soccer ball signed by the cast of Ted Lasso!⚽
All proceeds support the LSR7 district, and they will even ship the ball if you live outside the area!
Get your tickets here →lsedfoundation.org/autograph…
20
Thinking of retiring earlier than age 60? This article explains how you might be eligible for the “Rule of 55” for early retirement.
Read more 👉 bit.ly/42Fg687
#earlyretirement #401k #retirement
23
🧾 How do annuities actually work?
You give an insurance company money… they promise to give you some back later.
But what’s the catch?
👉 Fees, surrender charges, and limited access to your cash.
👉 bit.ly/3YUgwpG
#retirement #annuity
12
Thinking of retiring earlier than age 60? This article explains how you might be eligible for the “Rule of 55” for early retirement.
bit.ly/42Fg687
#earlyretirement #retirement #401k
1
1
34
Payments from non-qualified annuities consist of:
Part return of costs (tax-free)
Part earnings (taxable)
The tax-free amount is called the “exclusion ratio,” and it’s just as complicated as it sounds.
Read more 👉: bit.ly/4kKSpUc
#annuity #retirement #taxes
15
One major area where tax deductions and credits are negatively affected is the clean vehicle and clean energy credits.
Read more 👉 bit.ly/45Z3RWe
#Taxes #Retirement #OneBigBeautifulBill
7
Annuities are often marketed as an option to simplify retirement income. But is that really the case?
Read more 👉 bit.ly/4vuNNq0
#annuity #retirement #401k
17
It’s always a good idea to review your healthcare coverage annually. At NextGen Wealth, we work with our clients on a continual basis, so there won’t be any end-of-year surprises.
Read more 👉 bit.ly/3LL9srw
#taxplanning #retirement #financialplanning
10
Many employer 401 (k) plans offer an option to purchase an annuity. But should you? This isn’t a decision to be made lightly.
Read more 👉 bit.ly/4vuNNq0
#annuity #retirement #401k
26
Think you know how your Social Security benefits are calculated? Think again! The formula takes your 35 highest-earning years—but there's a catch most people miss. 👉 Learn more: bit.ly/4isoJs9
#socialsecurity #retirement
6
The One Big Beautiful Bill estimates show about 88%, up from 64%, of Social Security beneficiaries will owe no taxes on their Social Security benefits.
Read more 👉 bit.ly/43gbCFN
#BigBeautifulBill #SocialSecurity
7
Annuities themselves aren’t automatically subject to RMDs, but if you use pre-tax money to purchase the annuity, it could be.
Read more 👉 bit.ly/418MJtW
#annuities #RMD #Taxes
14
Many employer 401 (k) plans offer an option to purchase an annuity. But should you? This isn’t a decision to be made lightly.
bit.ly/4vuNNq0
#401k #retirement #annuity
21
Your annuity was built for age 50. But you’re 65 now.
Growth vs. income vs. legacy—your goals have changed. Did your plan? Is that old annuity still a good fit?
Read more 👉 bit.ly/45dC9EF
#annuity #retirement #financialplanning
23
Max had $20,000 of cash value in his whole life policy he no longer needed. Instead of cashing it out and paying taxes, he used a 1035 exchange to get long-term care insurance.
Result? Tax savings future protection.
Read more 👉 bit.ly/46e0vzl
#Retirement
1
23
In the case of leaving Roth vs traditional retirement accounts to your heirs, Roth accounts avoid all the worries of who must take what distribution and when.
Read more 👉 bit.ly/3QQWkRe
#retirement #taxes #IRA
18
If you purchased an annuity with pre-tax money in your IRA or 401(k), you might have some interesting RMD problems to work through.
Read more 👉 bit.ly/418MJtW
#annuities #RMD #Taxes
19