Finances & Your Family
[Video ] What Are The Basics of Social Security?
STEPHEN SMALENBERGER, EA This is a topic that becomes important especially when someone is considering retirement or is already retired. When does it make the most sense to start collecting? That really depends upon your specific situation. In order to start receiving the full value of the benefits that you’ve accumulated over your working career,…
[Video] What To Do With My Paycheck?
MICHELLE SMALENBERGER, CFP® It is really important to consider some of the first steps and goals in your financial life. Before you start thinking about investing or saving for retirement, you need to be sure that you have a good foundation to build upon. One of the first places to start is being sure to…
[Video] Roth Conversions: What Are They & How Do They Work?
STEPHEN SMALENBERGER, EA We want to introduce a design element that we like to use in financial plans, when it makes sense. And this strategy is known as the Roth Conversion. Money may be put into a Roth IRA in two forms: Contribution(s) Conversion(s) As explained in prior articles and videos, the Roth IRA contributions…
Traditional IRA/401(k) & Roth IRA/401(k) Which is best? [Video]
How do you decide between a Traditional IRA/401(k) & Roth IRA/401(k)? In a prior video we talked about the three different types of account registrations to decide between when saving: Taxable, Tax-Deferred, and Tax-Free. Let’s focus on tax deferred and tax free. Both of those are retirement focused so let’s walk through how much you…
[Video] How Tax-Deferred Accounts Work
STEPHEN SMALENBERGER, EA There are only three types of accounts: Taxable Tax-Deferred Tax-Free We focused on the Taxable accounts last time. Let’s jump in now and look at the second, Tax-Deferred. The accounts in this registration category include the following: Traditional IRA Traditional 401(k) Traditional 403(b) Traditional 457 Thrift Savings Plan The movement of money…
[Video] Is Your Power of Attorney Accessible?
MICHELLE SMALENBERGER, CFP® As it’s the summer and we’re all excited to go off to a vacation somewhere nice and lay on the beach, or be in the sunshine, I’m sure that many of us are probably forgetting to pack something that’s really important. Today we’re going to be talking about “packing” your POA, or…
