Savant Wealth Management

Tag: Retiree

November 18, 2020

Year-End Tax Planning and Strategies | On-Demand Video

In this recorded webinar, Kelli Peterson, Dominick Parillo, and Peter Doyle provide a summary of 2020 tax updates and year-end tax planning strategies to consider.

November 12, 2020
Enroll in Medicare at 65 to avoid penalties

Enroll in Medicare at 65 and Consider Delaying Social Security

If you are one of millions of “Boomers” reaching age 65 each year, you must enroll in Medicare on time to avoid penalties. Financial advisor Kevin Kingston provides a helpful overview of important details you need to know about the enrollment process.

November 3, 2020
Benefits of Lump-Sum Pension Plan

Benefits of Lump-Sum Pension Options

As more employers shift from pensions to 401(k) plans, more employees will need to figure out how to handle their options. Financial advisor Chris Ruedi discusses some of the benefits of lump-sum pension options.

October 13, 2020
What do endurance running and retirement income planning have in common?

Selecting a Withdrawal Rate for the Long Run

You may be wondering how to re-create a paycheck during retirement. Financial advisor Casey Christianson suggests you take a lesson from endurance runners when preparing for life’s next chapter.

September 2, 2020
3 Minutes to Assess Your Overall Financial Health

3 Minutes to Assess Your Overall Financial Health

This assessment helps to highlight potential financial strategies, identify needless risk, and capitalize on available opportunities to closely align your actions with your ideal future.

August 25, 2020
involuntary retirement

Five Important Considerations of Involuntary Retirement

Because of COVID-19, many are faced with the choice of returning to work or entering a forced retirement. If you’re faced with involuntary retirement, here are five things you should consider.

August 6, 2020
victory lap career

Leveraging Your Intellectual Capital in Victory Lap Retirement

Rob Morrison talks about how you can put your intellectual capital to work by pivoting to a transitional career (a victory lap career) as you approach retirement age.

June 27, 2020
Your team of professionals should review your trust documents, net worth, and IRA/qualified account balances and revisit the design of your overall estate plan so you can weigh the tax costs of leaving IRAs in trust against your asset protection goals. The SECURE Act changes the way people inherit money so you should keep a pulse on how your estate plan is affected.

The SECURE Act Changes the Way People Inherit Money – How Is Your Estate Plan Affected?

Provisions in the SECURE Act may affect your estate plan. Dominick Parillo takes a closer look at the specifics regarding inherited IRA accounts.

May 18, 2020
US Dollar

I Needed Cash and Claimed My Social Security Benefits Early – Now What?

Since the beginning of this pandemic and market turmoil, many of our clients who are eligible to claim Social Security benefits have asked, “Should I claim my benefits before my […]

April 27, 2020
paper with words rmd required minimum distributions

2020: The Year Required Distributions Aren’t Required

Thanks to the CARES Act, required minimum distributions (RMDs) from tax-deferred accounts are not required during the 2020 tax year. Find out how you can take advantage of the 2020 […]