The Wise Money Show

Once you reach age 73 it is required that you withdraw at least a minimum amount out of your pre-tax retirement accounts each year. This Required Minimum Distribution (RMD) might seem straightforward, but there are some common mistakes you’ll want to avoid. We’re hitting those mistakes and telling you how to avoid them on this…

If your income is above the Roth IRA contribution limit, what creative strategies exist for you to get dollars into a Roth IRA to grow tax-free for your future? The backdoor Roth and mega backdoor Roth contributions are two creative strategies that could be a good fit if they’re right for your situation. We’re covering…

As the year is ending, little time remains for you to do your year-end tax planning for 2023. With the goal of paying the least amount of tax over your lifetime, what strategies exist for you in 2023 that you need to implement before the end of the year? We’re sharing our favorite year-end tax…

To best plan for retirement, you must make several key assumptions about the future: when you’ll retire, how much you’ll spend, if you will have a part-time job, and many others. These assumptions will influence the output of your projections, thereby influencing the conclusions you draw and your actions. On this episode, we cover the…

The Roth Conversion is a great strategy for shifting dollars from a retirement account with a future tax liability to one where the dollars will grow tax-free for the rest of your life. Should you consider doing a Roth Conversion, and is it possible to do too much? We’re helping you answer those questions and…

The transition into Medicare can be a confusing one, given the different choices you have and the way Medicare is structured. To help you plan ahead and answer some of the most common questions when enrolling in Medicare, Health Insurance Expert Ben Bulgrien joins us back in the studio for this episode of Wise Money.…

The SECURE Act 2.0 which was passed late in 2023 introduced nearly 100 tax law changes that would take effect in the near future, with some of the most impactful starting in 2024. We’re sharing the tax law changes you need to be aware of during this episode of Wise Money. Have a question you…

If you have an HSA, you’re familiar with the traditional funding strategies, but there are other, more creative, strategies. We’re discussing advanced funding strategies for your HSA, like transferring money from your IRA or inherited accounts, during this episode of Wise Money. Have a question you want to be answered on the show? Call or…

Medicare Open Enrollment starts October 15, and this year, with some changes from the Inflation Reduction Act. Joined by Health Insurance Advisor, Ben Bulgrien, we are covering those changes and what you need to do to be prepared for this Open Enrollment season on this episode of Wise Money. Have a question you want to…

Have you ever found yourself in a rut financially, where all of your financial goals are long-term, and you find yourself losing motivation since they are so far in the future? We’re sharing our tips and helping you stay focused on your goals during this episode of Wise Money. Have a question you want to…

Social Security is a vitally important retirement resource that you should be planning ahead for how to optimize as part of your financial plan. As CFPs doing comprehensive financial planning, we’ve helped thousands of families claim their Social Security benefits. Today, we’re covering the 5 most common Social Security questions in this episode of Wise…

With interest rates rising over the past 18 months, has the interest rate you’re earning on your cash also increased? Many banks are still paying a dismal rate, so what can you do to make your cash work harder for you? We’re covering that and answering your questions on this episode of the Wise Money…