Welp, Heidi is back from a great trip to Nashville for the Ed Slott conference with updates galore! Today, Dennis and she will refresh your memory regarding: IRA beneficiary form mistakes to avoid; estate as retirement plan beneficiary; choosing a charity as a beneficiary; and spouse and non-spouse beneficiaries. Next up, they will discuss health care taxes and the impact on IRAs, the 10-Point IRA Trust Checklist, and the new DOL rule your advisor should be following.
It’s going to be an action-packed show with more information than time to cover it.
Tune in and take control!

The pandemic changed many things. We witnessed “The Great Resignation.” According to Pew Research, the nation’s “quit rate” reached a 20-year high last November.
Were you one of those who left?
If so, do you know all the options you have available to you for your company retirement plan distribution? Whether it’s a 401(k), 403(b), 457 or another type of company plan, there are several ways you can move or take the money. From an IRA rollover to a Roth conversion to a lump-sum distribution, it’s important to understand your options before making any decisions to avoid costly tax mistakes. There may also be significant tax-saving strategies to consider that are only available at the time of your distribution, so it is critical to proceed with caution.

In this two-part show, Heidi and Shea will discuss two key elements of retirement planning: Taxes and Transitions. Heidi will delve deep into the implications of how accounts are taxed, so that you can make a strategic plan to withdraw accordingly. Not all accounts are the same and, as the rules change, you must change your plans too.
Shea, a Certified Life Coach, will talk about the importance of understanding how to manage your transition into retirement. Even if you’re looking forward to it, having a plan to manage the change in relationships, time and resources will require a new set of tools.

Some shows can’t be summed up in one theme … especially when we have way too much to discuss! This week, we will revisit the SECURE Act regulations and what you need to know. The IRS is constantly working to clarify this law and has created more questions than answers. We will do our best to help “cut through the clutter” and get the answers you need!
Second, what does it take to plan for disabled and chronically ill IRA beneficiaries considering the SECURE Act rules? Don’t miss out because there’s a lot to discuss!
And finally, Heidi will help answer the question, “How much mortgage can I afford with the current interest rates?” This certainly is timely for those looking to make a change in their housing or purchase a second home.
Stay tuned and get ready to take some notes! This show will be full of great information. Also, don’t forget that you can text us LIVE at 231-237-7855 or call at 231-947-0023.
Tune in and take control!

History repeats itself, which is why we expect a recession about every six years. In fact, since 1945, the U.S. economy has weathered 12 different recessions. (History.com)
In 2020, when COVID-19 hit, we experienced such a small recession that it paled in comparison to 2009 – which was 13 years ago. We’ve been discussing this impending doom for quite some time.
Is it possible to rise above the decline? We think so.
In the coming hour, Shea will ask rapid-fire questions to our advisors, Dennis and Heidi, who have been studying the market, getting advice from their advisors and helping clients navigate this chaos. As always, we recommend you rise above the noise and consider all the possibilities. This show will teach you how to do just that!