The Game Plan
We’ve finally reached the final few weeks of 2020 and many of us are ready to say goodbye to the year.
Even though we all have plenty going on, it’s important to take a close look at your finances to see what moves or adjustments you need to make before the end of the year. Join us on this episode as Dale shares six different planning items that need to be on your financial checklist.
Listen to the full episode or click on the timestamps below to skip around to specific topics.
The X’s & O’s
Check out the timestamps below to skip around to specific topics on the show.
[2:34] – Item 1: Should we max out contributions?
[4:10] – Item 2: Reviewing CARES Act and RMDs
[5:35] – Tax considerations for waiting on RMDs
[6:51] – Item 3: Exploring Tax-Loss Harvesting
[7:57] – Item 4: Charitable contributions
[9:48] – Item 5: Purchases that would give you a tax credit
[12:08] – Item 6: Roth Conversion Conversation
[16:03] – Thanks for a great 2020
“For those of you that have a really good income and don’t really need to take RMDs, then don’t take them. Let them accumulate in your retirement plan.”
– Dale Tondryk
Ep 46: It’s Just a Joke
Managing finances create plenty of stress each day so let’s take some time to add a little humor to the conversation. Today we’ll tell a few financial planning jokes and see what lessons we can learn along the way.
Ep 45: The Different Types of Financial Personalities
We work with all types of people and personalities, and the way you view money affects the way need to plan. Let’s look through the different types of financial personalities and describe the characteristics you’ll find with each.
Ep 44: SECURE Act 2.0 – What to Know
The possibility is out there that new amendments could be made to the SECURE Act, which was originally passed in late 2019 and took effect at the beginning of 2020. What changes might be coming and what do you need to be aware of?