Nate Kreinbrink and Mike Steigerwald kick off this week’s Financial Focus by diving into Medicare open enrollment. They discuss the elimination of the “donut hole,” the new $2,000 cap on out-of-pocket drug costs, and why it’s essential to review your plans now to ensure you’re set for the year ahead.
Tune in to Financial Focus with Nate Kreinbrink as he dives into year-end financial planning, including smart tips on maximizing your retirement savings and tax strategies like Roth conversions. With winter approaching fast, don’t let your finances freeze—take charge before the year wraps up!
Tune into this week’s Financial Focus, where Nate Kreinbrink dives into year-end financial strategies—think tax planning, Roth conversions, and maxing contributions—to keep your investments on track for 2024. Don’t miss his insights on making the most of your savings before the holiday rush takes over!
In this episode of Financial Focus, Nate Kreinbrink and Mike VanZuiden discuss Medicare’s open enrollment period, emphasizing how plan changes, like Part D prescription drug caps, could impact beneficiaries. They encourage listeners to review their Medicare and drug coverage options to ensure the best fit for their needs, noting that changes made during open enrollment will take effect on January 1, 2025.
In this week’s “Financial Focus,” Nate Kreinbrink and Andy Fergurson discuss the recent October 15th tax deadline and the common misconceptions surrounding tax extensions. They explain that while an extension grants more time to file, taxes owed must still be paid by April 15th to avoid interest and penalties.
In this week’s Financial Focus, Nate Kreinbrink highlights the importance of updating beneficiary designations for retirement accounts and life insurance policies. He also covers recent changes requiring beneficiaries to withdraw inherited funds within 10 years, starting in 2025.