Don’t Let the IRS End Up With Your Retirement Money

Today we’re going to turn our attention to tax planning and how to keep most of your money from going to the IRS in-stead of the things you want to spend it on in retirement.
Subscribe on YouTube

Your Guide:

The truth about retirement planning is that many people need a reality check when it comes to taxes and the impact they will have on their retirement money. Today we’re going to turn our attention to tax planning and how to keep most of your money from going to the IRS instead of the things you want to spend it on in retirement.

This episode will get back to the basics and cover the details of retirement accounts, rollovers, and other important considerations when you’re thinking about moving money around or withdrawing it altogether. These are key discussions that could save you a significant amount of money and you want to put a plan in place before making any decisions.

 

Here’s what we cover in this episode:

0:00 – Intro

2:40 – Taking money out prior to 59.5

3:58 – Enhanced creditor protection

7:35 – 3 ways to move your money

11:22 – What happens if something gets messed up

 

Get the Retirement Rollover Reality Check PDF: https://listentoscott.com/wp-content/uploads/2024/07/Rollover-Reality-Check-PDF-FOR-THE-WEB.pdf

 

Watch the show on YouTube: https://bit.ly/3RiT7Ky

DISCOVER MORE...

SUBSCRIBE

YouTubeApple PodcastsSpotifyAmazon MusicTuneIniHeartRadio

ABOUT YOUR HOST...

Scott Dougan founded Elevated Retirement Group in 2003 in order to fill a niche he felt was not being addressed properly in the retirement planning environment – helping retirees and pre-retirees in the Kansas City metro area find answers to issues that may affect the quality of life during their retirement.

Scott is a Registered Financial Consultant (RFC) and holds a Series 65 Investment Adviser Representative license, which holds him to the fiduciary standard. He also holds insurance licenses in Kansas, Missouri and other states.

GET IN CONTACT...

HAVE YOUR QUESTION FEATURED ON THE SHOW

MORE WAYS TO CONTACT

info@erg-kc.com

(913) 393-4724