You may have heard about the updated IRMAA brackets being released recently. Are you affected by this change? Is there anything you can do to prevent yourself from paying a higher premium? Either way, the Income-Related Adjustment Amount (IRMAA) may be a topic of interest. In this post, I will cover the 2024 IRMAA Brackets and how they could affect your Medicare Part B and D premiums, even if you don’t currently fall into the high-income bracket. Read through this blog to be better prepared for the potential impact on your healthcare costs in the future.

No matter if you just graduated college, or are nearing retirement, everyone has expenses. Unfortunately, a lot of us have trouble controlling these expenses as we spend above our means, which reduces our excess funds. If you have issues with spending too much, then you should read along to learn five strategies on how to take back control of your expenses/spending.

When you sell an investment for a profit, you are subject to taxes on the gains.  It’s great that you were able to make money on the transaction, however, now you must cover the associated taxes.  These taxes can be significant, especially if you find yourself in one of the higher tax brackets.  Therefore, if you are interested in paying 0% capital gains tax, or at least reducing your end-of-year tax bill, then this is the blog for you. 

One of the biggest concerns for clients as they approach retirement age is their healthcare coverage. This stands especially true for clients that plan to retire before age 65 as Medicare has not started. Throughout this blog I will explain the relationship between Medicare and COBRA, and how you should navigate this complex area.

Are you planning to travel internationally this year?  After the pandemic, I have several clients interested in traveling after years of being home-bound.  Therefore, now would be a good time to review what can happen if you get hurt while traveling and how to protect yourself against these repercussions.

A common saying in the world of finance is to “sell in May and go away.”  Historically, stocks have been known to underperform from May to October.  With the 2023 stock market subject to factors like high-inflation, bank collapses, and debt ceiling concerns, should we expect the trend to continue? 

One of the largest current market concerns is the debt ceiling. The United States hit the debt ceiling in January of 2023 and there are concerns that the United States could default on their debt as early as June 1st. With all that in mind, how should you manage your investments moving into this time of uncertainty?

Series EE Savings Bonds have been around for over three decades, which means that some of you listening likely hold them. You could have purchased them yourself, received them as a birthday gift, or inherited them. No matter how you acquired them, if you currently hold Series EE Bonds then you should understand what they are.

The Federal Income Tax Brackets for 2023 have been released. These brackets are adjusted each year to account for inflation. Therefore, if you are interested in these changes and the impact of above-average inflation in 2022 then you have come to the right place!

There are two things in life that are unavoidable: death and taxes. Taxes are viewed as being overly complex but saving money through the reduction of taxes doesn’t have to be difficult. In this blog, I cover all the basic tax rules you will need to know in retirement.

Are you a high-earning individual approaching age 65? Or perhaps an individual wondering how Medicare premiums work and what factors can impact your costs? Either way, the Income-Related Adjustment Amount (IRMAA) may be a topic of interest. 

Inflation can also erode the purchasing power of your retirement income, making it necessary to protect it against inflation. That's why I am here to share with you five effective ways to hedge your retirement income against inflation, so you can mitigate the impact of inflation until the Fed brings it under control.

When people think about retirement, they view turning 65 years old as the magic number. And I get it! Why wait a few more years if you can retire now? Surprisingly, there may be more reasons than you think.

You have likely heard me say that every working person should have an emergency fund with three to six months of income. The question is, does this apply to retirees as well?

As we begin the 2023, I want to ensure that you’re setting yourself up for success in 2023. A great way to do that while helping you save for retirement is opening a Health Savings Account (HSA).

My goal in writing this blog is to share seven easy and effective ways to cut costs and lower the cost of your monthly bills. If you want to learn how to decrease your electricity bill, save on groceries, and cancel unused subscriptions then read to the end.

The numerous Federal Reserve interest rate hikes in 2022 created a great opportunity for short-term investing in 2023. There are several investments that are currently producing yields not seen in the past 20 years.

The main issue with a Roth IRA is that the IRS does not allow high-earning individuals to contribute. The solution? A Backdoor Roth Contribution which I will educate you about throughout this blog!

I have seen several examples of poor investments negatively impacting an individual’s or couple’s ability to save for retirement. Therefore, my goal in writing this blog is to educate you on seven investment products that may carry more risk than you had thought.

Deciding how to invest your assets is incredibly important for the future success of your investment portfolio. Therefore, I’m going to break down your diversification options and give you my take on how to best invest for a successful retirement!