See the impact of new 2023 and 2033 RMD ages on your projected retirement plans. Your taxes, income, and Roth strategies may have changed.
The post New RMD Ages in 2023 and 2033: Immediately See the Impact on Your Retirement Income and Taxes appeared first on NewRetirement.
If you joined the Employees’ Retirement System (ERS) on or after April 1, 2012, you are a Tier 6 member. Let’s look at the milestones you will reach over the course of your public service career and how they will affect your benefits. Why Milestones Matter As a NYSLRS member, you earn service credit for […]
About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Retirement in 2050. Will Retired Life Be Better in the Future Rebroadcast Posted by Benjamin Brandt Podcast 0 2050 seems like a long way away , however , it is closer than we think . In this weekâ s retirement headline , I share an article from Richard Archer at FinanceInsights.net which explores the future of retirement and the impact that technology has had on the past , present , and future of . retirement In the listener questions segment , I help Bruce with a question about using individual bonds vs bond funds in . retirement You only have a couple of weeks left to answer our annual listener survey It only takes
It’s been a wild ride this year. All asset classes took a beating. Financial scams dominated the news. A new law is being finalized at the end of 2022 that will substantially impact our financial planning in years and decades ahead. In this last post of the year, I’ll touch on these timely topics. But...
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, About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page How to Retire Abroad with David Jacoby , Ep 102 Posted by Benjamin Brandt Podcast 0 Do you know what you need to do to travel or retire abroad We asked and you answered . The number one thing that our listeners would like to do in retirement is travel . Thatâ s why I found financial travel expert , David Jacoby from RemoteFinancialPlanner.com to help us understand all the nuances of travel and living abroad in retirement . David has actually lived in 4 different countries and built his business while living abroad . Heâ ll walk us through the unique aspects of retiring abroad that you may not have considered and what
There are big retirement planning changes with passage of the Omnibus Spending Bill, including the SECURE Act 2.0. See how you are impacted.
The post Big RMD Changes and 11 Other Retirement Planning Headlines from SECURE 2.0 and the Omnibus Spending Bill appeared first on NewRetirement.
(QCDs) are a way to help great causes and those in need, but they are also a way to manage your tax exposure and avoid unpleasant surprises.
The post How Making a Qualified Charitable Distribution (QCD) Can Save You Tax Money appeared first on NewRetirement.
Are RMDs desired income or a cost? Either way, preserve wealth with these 6 strategies for minimizing taxes on your withdrawals.
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Doing a Roth conversion — also known as a “backdoor Roth IRA” – is perhaps still appealing in 2023. Why? Low 2023 tax rates. What is a Roth Conversion? Backdoor IRA? A Roth Conversion is when you convert money that you have in a traditional IRA to a Roth IRA. This is sometimes called a…
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Blog en español Donate MENU Our Issues Fact Sheets and Position Papers Medicare Medicaid Affordable Care Act Pensions Social Security Prescription Drugs Resolutions Annual Congressional Voting Record Join Us State Alliances Alaska Arizona California Colorado Connecticut Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Maine Maryland District of Columbia Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Mexico New York North Carolina Ohio Oregon Pennsylvania Rhode Island South Carolina Texas Vermont Virginia Washington West Virginia Wisconsin About Us Our Achievements Leadership Annual Activity Reports Sponsoring Unions CAN Mission Member Benefits Issue Toolkit December 19, 2022 Covid-19 Vaccines Have Saved Millions of
(We know that’s two, but let us explain.) When you join the New York State and Local Retirement System (NYSLRS), you’re assigned a tier based on your date of membership. There are six tiers in the Employees’ Retirement System (ERS) and five in the Police and Fire Retirement System (PFRS). Your tier determines such things […]A specific narrative pervades our society. There are many powerful interests that perpetuate it. Get a “good education” (at any cost). Get a “good (i.e. high paying) job.” Be a good consumer, buying the biggest house and nicest car you can afford (defined by the largest amount someone will lend you). Pay the high taxes...
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About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Donâ t Move for Taxes Rebroadcast Posted by Benjamin Brandt Podcast 0 Are you fed up with paying state income taxes Before you pack your bags and move to a no income tax state youâ ll want to listen to this episode . Moving to a different state to save money on taxes could cost more than you . think After listening to the retirement headline , make sure to stick around to hear Dougâ s question about where to save extra money for retirementâmy response may surprise . you Moving to a different state to save money on taxes could cost more than you think . Click To Tweet Outline of This Episode 1:22 Donâ t move to save, About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Tax Moves You Should Be Making Before Year’s End , Ep 214 Posted by Benjamin Brandt Podcast 0 The end of the year is coming up right around the corner , and you know what that means : itâ s time for end-of-the-year tax planning However , this yearâ s tax planning may look a bit different with new tax legislation making its way down the congressional pipeline . Many wealthy individuals are nervous about what the current regime has in store for them . This is why when I saw the headline Tax Moves Advisors Should Be Making Before Year’s End  in Financial Advisor Magazine  I knew I had to share it with my audience 
Use this retirement checklist of 25 wise things to do before each year’s end to set yourself up for a great 2023 and a secure future.
The post Your Year End Retirement Checklist: Put 2022 Behind You and Prepare for a Great 2023 and Beyond appeared first on NewRetirement.
As a NYSLRS member, you are enrolled in a defined benefit plan, also known as a traditional pension plan. How a Defined Benefit Plan Works Defined benefit pension plans provide a specified payment amount at retirement. If you are vested and retire from NYSLRS, you will receive a monthly pension payment for the rest of […]
Giving money to family can be rewarding, but at what cost? Explore 6 important facts about supporting family members.
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About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Planning Your Amazing Retirement Starts Today Hi , I’m Benjamin . My mission is to answer all your retirement questions , even the ones you don’t know to ask . Start today and download my Retire-Ready . Toolkit GET THE TOOLKIT Listen to the Fastest Growing Retirement Podcast on iTunes Listen in as we answer the questions on the minds of the modern . retiree Listen On iTunes I’d Like To Learn More : About Financial Planning learn more Hiring A Financial Advisor learn more Listen to the Podcast learn more Social Security learn more Investing learn more Retirement Planning learn more Ready to Jump-Start Your Retirement Get
About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page About Learn more about Benjamin Benjamin Brandt President Founder Benjamin Brandt is a CERTIFIED FINANCIAL PLANNER⢠and Founder President of Capital City Wealth Management , a Bismarck , nbsp North Dakota fee-only financial planning . company He is also the host of the popular podcast Retirement Starts Today Radio and the accompanying . blog Benjamin is an Iraqi combat veteran having served in the North Dakota Army National Guard for 8 years , including a 15 month deployment to Iraq in 2003. You may have seen Benjamin featured in The Huffington Post , CNBC.com , Forbes , Business Insider , ClarkHoward.com , and many .
About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Services In retirement , I look for days off from my days off . 8221 Mason Cooley Retirement Planning Capital City Wealth Management is Bismarckâ s first fee-only retirement planning service focused exclusively on retirement income . Our services take care of all the details so retirees can focus on living their . retirement We meet with clients across the country by using web-based technology where you can view our computer screen . When working remotely you can discuss your finances in a relaxed environment , from the comfort of your home or . office  Benefits of working remotely with a Financial Planner 4e Meet, About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Podcast Goals For 2019 And An Exciting Personal Update , Ep 68 Posted by Benjamin Brandt Podcast 0 The calendar is almost done for 2018 and Iâ ve been thinking about podcast goals for 2019. Great things have happened with the show in the past year and the future looks very bright . Iâ ve enjoyed the interaction Iâ ve been able to have with you the loyal listeners of the show and look forward to more in the new . year On this episode , I share the specifics of what happened in 2018 and what Iâ m planning for 2019. There are exciting things in the works that I trust youâ re going to enjoy . I also tell you a pieceAbout Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Simple Tax Strategies For Retirees In 2018 Posted by Benjamin Brandt Financial Planning Investing Podcast Retirement Planning 0 As you might imagine , tax strategies for retirees are not the same as those for non-retired investors . Not only do typical considerations like income brackets make a significant difference there are also changes in the tax laws that impact retirees differently than others . In this episode , I dive into specific situations and opportunities retirees need to think through regarding tax decisions . Keep in mind , I donâ t know you or your particular situation , so my tips are only generalities About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page How Your Best Year Ever Could Happen in 2019, Ep 69 Posted by Benjamin Brandt Podcast 0 Even though by all counts , 2018 was a terrible year for investing , you can make 2019 your best year ever . I can say that so confidently because I believe that it doesnâ t depend on what will happen in the markets or economy . It depends on . you On this first episode of 2019, I want to help you make a pivot toward the kind of mindset that can make 2019 your best year ever . Weâ ll begin with some up to date investing headlines , look into the details of what happened in 2018 from a financial standpoint , and wrap up by thinking
About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Iâ M RETIRING IN 3 WEEKS Hereâ s What to Doâ¦[Rebroadcast Posted by Benjamin Brandt Podcast 0 Jim is only 3 weeks away from retiring and wants to know my top tips for someone approaching retirement . If you are on the countdown to retirement , make sure to listen to the listener’s questions to hear what they . are In the retirement headlines segment , weâ ll explore the benefits of using a bucket withdrawal strategy for investments . You may be surprised to hear what the actual benefit of using the bucket strategy is . Listen in to hear what the bucket strategy can do for your . retirement You may be surprised to
About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Go Back to Bed Rebroadcast Posted by Benjamin Brandt Podcast 0 What does a good nightâ s sleep have to do with retirement planning Listen to this episode to find . out Today weâ ll explore an article from Andrea Peterson over at the Wall Street Journal titled , nbsp To Get a Better Nightâ s Sleep , First Fix Your Day After discussing how to apply her advice to retirement , weâ ll tackle Billâ s questions . Since he has a few questions Iâ m trying something new and answering them in a lightning round style . Stick around until the end to discover if this method worked or if it was a . flop What does a good nightâ s
Blog en español Donate MENU Our Issues Fact Sheets and Position Papers Medicare Medicaid Affordable Care Act Pensions Social Security Prescription Drugs Resolutions Annual Congressional Voting Record Join Us State Alliances Alaska Arizona California Colorado Connecticut Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Maine Maryland District of Columbia Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Mexico New York North Carolina Ohio Oregon Pennsylvania Rhode Island South Carolina Texas Vermont Virginia Washington West Virginia Wisconsin About Us Our Achievements Leadership Annual Activity Reports Sponsoring Unions CAN Mission Member Benefits Issue Toolkit December 12, 2022 Wait Times Increase for Disability Benefits as
Blog en español Donate MENU Our Issues Fact Sheets and Position Papers Medicare Medicaid Affordable Care Act Pensions Social Security Prescription Drugs Resolutions Annual Congressional Voting Record Join Us State Alliances Alaska Arizona California Colorado Connecticut Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Maine Maryland District of Columbia Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Mexico New York North Carolina Ohio Oregon Pennsylvania Rhode Island South Carolina Texas Vermont Virginia Washington West Virginia Wisconsin About Us Our Achievements Leadership Annual Activity Reports Sponsoring Unions CAN Mission Member Benefits Issue Toolkit December 12, 2022 Biden Announces 36 Billion in Relief to Avoid
A common question among readers of this blog is “How Much Money Do I Need to Retire?”. In fact, for many people that is the question they are trying to answer when they ask “Can I Retire Yet?”. Bill Bengen was a financial planner trying to answer that question for his clients. He published research...
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These 12 year-end tax tips for retirement will help you minimize your 2022 taxes and reduce future tax bills.
The post 12 Year-End Tax Planning Strategies to Keep More 2022 Money and Prepare for Future Wealth appeared first on NewRetirement.
This gift guide is focused on helping you give long term financial success and happiness to everyone on your list, young and old.
The post Holiday Gift Guide: Great Financial Wellness and Investment Gifts for Everyone in the Family (Even the Kids) appeared first on NewRetirement.
Itemized deductions are an area of significant confusion for many people. We are often encouraged to buy a bigger house or make a donation to a charity because property taxes, interest on a mortgage, and charitable contributions are all “deductible.” At best, this advice is a case of letting the tax tail wag the dog....
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The government raised reverse mortgage lending limits to an all time high. Does this mean more money for you? It depends...
The post 2023 Reverse Mortgage Lending Limits Increase: More Money for Some Borrowers appeared first on NewRetirement.