The ABCs (and Ds) of Medicare
Healthcare costs are a major concern in retirement, but Medicare can help. With nearly 97% of seniors covered by Medicare, understanding your options is crucial whether you’re already retired, planning ahead, or helping family members. This informative video explains the four parts of Medicare (A, B, C, and D) so you can make confident decisions about the coverage that best fits your needs.
New RMD Rules From Secure Act 2.0
The SECURE Act created the most significant changes to retirement plans since 2006. This included raising the required minimum distribution age for retirement accounts. How does the SECURE Act affect your retirement income and tax planning?
Why You Should Never Write a Check to Your Favorite Charity
Why should you never write a check to your favorite charity? Because there are better ways to support the causes that you care about. Watch this video to learn about two strategies that will mutually benefit both you and the organizations that do good for others.
How the 2023 Social Security Cost-of-Living Increase Could Impact Your Tax Burden
By now, you’ve undoubtedly heard the news that the Social Security Administration (SSA) will increase benefits by 8.7% in 2023, which exceeds last year’s boost of 5.9%, and will be the largest increase since 1981. The annual increase to Social Security benefits, called the cost-of-living-adjustment (COLA), is meant to help ease the burden of rising costs in all areas of the economy. While the COLA can help restore retirees’ purchasing power by boosting retirement income, it also has broader implications, notably for taxes and income (or distribution) strategies.
12 Questions to Ask Every Financial Advisor
What should you know about a financial advisor who you are trusting to help you with some of your life’s most important decisions? On this podcast our special guest is Tony Schmitt, President and CEO of GreenUp Wealth Management, who discusses 12 questions you should ask every financial advisor. Whether you already have an advisor or need to hire one, it’s important that you tune into this podcast. Also, please take a moment and share this podcast with someone you care about, helping them achieve their financial goals.
Where to Start with Retirement Planning?
Start retirement planning with the basics, including your income needs, savings strategy, investment accounts, Social Security, taxes, and long-term goals.
What Should You Do with an Old 401(k)
Learn what to do with an old 401(k), including keeping it in place, moving it to a new plan, rolling it into an IRA, and key factors to consider.
Demystifying Employer Stock Benefits
GreenUp Wealth Management explains employer stock benefits, including stock options, RSUs, tax planning, concentration risk, and strategies for managing equity compensation.
Planting the Seeds for Your Retirement: Should you Choose a Traditional or Roth Account?
Compare Traditional and Roth retirement accounts, including tax treatment, contribution decisions, withdrawal rules, and how each can fit into your retirement plan.
The 3 Reasons to Kick Start Your Retirement Savings
Kick-start your retirement savings by understanding the value of time, compound growth, consistent contributions, and building habits for long-term financial security.