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.
In this week’s episode of Financial Focus, David Nelson joins Gary Determan to dive into several pressing financial issues, including interest rate fluctuations, the influence of global events on the markets, and the critical role of simplifying complex financial matters to empower clients in their decision-making.
In this week’s Financial Focus, Nate Kreinbrink and Mike Steigerwald dive into the confusing world of Medicare, tackling how to choose the right plan and navigate tricky costs like Part B premiums and IRMAA. They highlight how smart financial moves—like Roth conversions—can impact your Medicare bill and stress the importance of simplifying the process with expert advice.
In this episode of Financial Focus, Nate Kreinbrink and Andy Fergurson discuss tax planning strategies, highlighting the benefits of long-term capital gains over ordinary income. They also explain the difference between employer 401(k) matching and maximum contributions, offering advice on traditional vs. Roth 401(k) options.
In this week’s episode of Financial Focus, Nate Kreinbrink discusses pensions and explains the various payout options available to retirees, including single life annuities, beneficiary options, and lump-sum payouts. He also emphasizes the importance of making pension decisions based on individual needs and long-term planning.