Believe it or not, March Madness and taxes are related – and it’s because in both you fill brackets, which leads to Matt Perrone defining this as “bracketology.” In this episode of Your Retirement Solution, Matt explains everything you need to know about setting up the correct tax bracket for retirement. All this while highlighting what to be aware of when it comes to Roth conversions and RMD’s.  In this episode, you will learn: How to control taxes in retirement  What’s a Roth conversion and how does it impact retirement-related taxes The truth about potentially converting everything into a Roth  Reasons why Matt believes taxes are “on sale” - and what happens if rates go up or down in the future  What’s a Required Minimum Distribution (RMD) and how are they impacted by taxes and Roth conversions  70 and above: Age considerations when doing Roth conversions  And more! Adult children to older parents, family members, and everyone in between should tune in and find out how a correct tax strategy can benefit YOU in retirement!  Resources: The Retirement Solution  I (425) 558-3700 I Matt Perrone DA-001825.1

Did you know that technology can play a huge role in benefiting your retirement years? In this episode of Your Retirement Solution, Tyler Lively sits down with Pete Finlon. Pete explains how digital technology can positively impact the social, health, and well-being component of retirees and pre-retirees.  In this episode, you will learn: The use of cellphones and computers: Embracing technology as retirees and pre-retirees  The importance of being patient: How has the older generation pivoted and adopted to working from home Technology safety and password managers: How to prevent data internet breaches  Playing the “what if” game: The relevance of resurrecting old hobbies Tips on how to maintain a healthy and active retirement  And more! Now more than ever, tune in and find out how technology can benefit your health and social life in retirement! Resources:  The Retirement Solution I Tyler Lively I Pete Finlon DA-001824.1

We know that with every new administration, there are many changes that come into effect, and changes in law and taxes are great examples.  In this episode, The Retirement Solution’s Tom Black discusses different law and tax changes expected to come into effect in 2021. This discussion is not to cause panic, but to promote thought-provoking thinking and learning since they will differ from the current ones.  In this episode, you will learn:  How new 2021 tax laws can potentially change the way you transfer wealth and plan for retirement  What a “Step-Up In Basis” is, its role within real-estate, and why is it considered to be a “double-edged sword”  How Required Minimum Distributions (RMD) are expected to change in 2021  What the charitable deduction scenario is looking like in 2021  The benefits of a charitable Required Minimum Distribution  Listen today and learn potential timeframes as to when and how these tax and other laws are expected to change!  Resources: The Retirement Solution I (888) 500-5830 I Tom Black  DA-001811

It’s no secret that we all want to save on taxes. Never to evade them, but to have confidence that we never pay more than we legally owe. Would you agree?  In this episode, The Retirement Solution’s Shane Perry not only reviews his career journey at the firm, but also explains different optimization strategies that are all about helping you save some cash when it comes to taxes. In this episode, you will learn: What the US tax brackets are and how they work  The difference between tax deductions, tax credits, deductions, and itemizing  Tips on mortgage interest to energy tax credits: popular deductions and credits Strategies on Roth’s to 529 plans: How the team at The Retirement Solution can help you build and develop tax planning strategies. What a Family Limited Liability Company (LLC) is and how it works  And more! Listen today and discover how these tax-related techniques can help you optimize, save, and prepare for retirement!    Resources:  The Retirement Solution I (888) 500-5830 I Shane Perry

When you near retirement, you need to look at things differently. It’s like having a different strategy in the second half of a football game! Today, Mike Whitmore explains how our planners at The Retirement Solution help folks create just the right plan for their unique retirement vision. Mike dives deep into our comprehensive planning process and discusses the various steps involved. In this episode, you will learn: How we customize your income plan through our holistic planning process to effectively address all of your fears and concerns The five major pillars covered during our planning process Ways in which our process differs from that of a regular broker or an insurance representative What defines an ideal client for us to work with And more! Tune in now to fully understand the planning process at TRS, and how it can help you achieve your goals and sustained retirement success!    Resources:  The Retirement Solution I (425) 558-3700   DA-001791.1

It’s no secret that 2020 was a year full of lessons, especially from a health and financial security point of view. In this episode of Your Retirement Solution Podcast, CFP® and Tax Advisor, Cindy Mueller, explains how reflecting upon 2020 can help people prepare for 2021, while discussing the importance of saving for emergency and increasing retirement funds. In this episode, you will learn the importance of: 401Ks and Roth IRA’s: The importance of contributing Saving young: Why you should avoid living paycheck to paycheck  Fear and greed as they relate to the stock market Cindy’s insight on the 2021 tax environment  And more! Tune in to discover the value of saving and ALWAYS having a systematic plan in place! Resources:  The Retirement Solution I Cindy Mueller DA-001779.1

With a fresh, new year just around the corner, what’s your 2021 financial planning picture looking like? In this episode of Your Retirement Solution Podcast, Jim Black not only reviews how 2020 impacted the stock and financial markets, but he also discusses important financial components you must consider as we roll into the new year.  In this episode, you will learn: Jim’s take on how The Retirement Solution has helped clients navigate through the COVID-19 pandemic  Ways the market impacted small and large businesses in 2020, and what the stock market projections are for 2021  The role of the market when it comes to the 2020 elections and Jim’s insight on doing things differently during or after election years Company announcements for 2021 And more! While 2020 was full of ups and downs, tune in today to discover how creating a financial plan can help you prepare for whatever 2021 has in store for us. Resources: The Retirement Solution   DA-001776.1

Believe it or not, annuities have been around since Roman times. Back then, and depending on how many battles individuals survived, they would qualify for pensions or annuities from the Roman government.  In this episode of Your Retirement Solution Podcast, Mike Whitmore explains how variable annuities can be problematic, while also discussing ways to use them as a vehicle to invest in the market through insurance companies. In this episode, you will learn: Layers and layers of fees: The reason why you could lose money with variable annuities  The role of commissions when it comes to selling variable annuities  Fee comparison between regular and variable annuities  What insurance companies offer clients who have variable annuities  And more! Tune in and discover why fiduciaries are your best bet when seeking help to understand the ins and outs of variable annuities!   Resources: The Retirement Solution I (425) 558-3700 I Bankrate

While money is important, remember, money isn't everything. Join this episode of Your Retirement Solution Podcast as Jim Black discusses the benefits of being grateful, and how he weaves this quality into the planning process when working with his clients. In this episode, you will learn: Jim’s take on how practicing gratitude can change your attitude  Find the positive in every situation: How Jim establishes financial and non-financial conversations with clients during tough times  The firm’s holistic planning approach that focuses on health, family, legacy, and anything that fulfills clients and their hopes and dreams  And more! Tune in and find out how gratitude can help you thrive in your personal and financial life!  Resources: The Retirement Solution I Jim Black  DA-001755.1

Join this episode of Your Retirement Solution Podcast as Matt Perrone discusses how a Roth conversion can help benefit and maximize your retirement and tax planning strategies. Matt shares his advice and explains why Roth Conversions are highly recommended, yet not something that you’re required to do. In this episode, you will learn: How you can benefit from a Roth conversion in today’s low tax rate environment Matt’s insight on Roth conversions now that the income limit has disappeared What a “backdoor” Roth conversion is and its tax benefits  The role of the five-year rule when it comes to the 10% early IRA withdrawal And more! Tune in as Matt reveals the different purposes and functions of a Roth conversion!  Resources: The Retirement Solution I Matt Perrone I 425-558-3700 DA-001742.1