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The Your Life, Your Money Podcast helps you thrive in life, wealth and retirement. The show is designed to navigate the complexities around money, building and securing wealth, and achieving financial independence. Scott Sierens, financial advisor at Sierens Financial Group, will provide thoughts, strategies, and ideas on each episode to help you make smart and sound financial decisions. The goal is to take complex financial subjects and make them simple and easy to understand so you can feel confident to take action, enjoy life, and eliminate financial stress and anxiety.

Scott, along with guests from across various industries, will cover topics such as tax savings strategies, investment and wealth management, IRAs, 401(k)s, retirement planning, income strategies, pensions, estate planning, social security, healthcare, and much more.

Retirement isn't an age or number. It's finding the balance between living life today and feeling financially confident about YOUR tomorrow.

Ask Scott your questions by calling 847-235-6989 or check out our podcast website at https://lifemoneyshow.com for more resources.

  1. All Episodes
  2. Ep 74: Year-End Retirement and Tax Strategy Planning

Ep 74: Year-End Retirement and Tax Strategy Planning

Oct 6, 2022

Are you prepared for year-end and tax strategy planning? This puts you in the best position possible before the end of the year to help maximize your retirement and minimize your overall tax burden.

We can walk you through spousal IRAs, Roth conversions, and how to save on taxes for required minimum distributions. We’re also sharing the No. 1 more overlooked tax advantage account.

Here’s a little of what you’ll learn in this episode:

  • How to maximize your retirement plans by using a mix of investments. (5:12)
  • If you’re 50 or older, how much extra you can contribute to your retirement accounts? (14:45)
  • Why spousal IRAs and spousal Roth contributions are often overlooked. (20:29)

Read more and get additional financial resources here: http://lifemoneyshow.com 

 

Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ