Month: November 2020

Episode 8 – The IOU in your IRA to the IRS

Episode 8 – The IOU in your IRA to the IRS

When it comes to retirement accounts, what’s the difference between tax-free and tax-deferred?

In this episode, Tim Whisler discusses key points about retirement accounts, IRAs and 401(k)s. He does this to explain the “silent partner” involved in a portion of your 401(k) and IRA accounts.

In this episode, you will learn:

  • How to take full advantage of your 401(k)
  • The benefits of contributing to your 401(k) directly from your paycheck 
  • The process of a 401(k) rollover 
  • The role of Required Minimum Distributions (RMDs) when it comes to taxes and IRAs
  • And more!

Listen today to learn ways to pay your taxes first so that you don’t have to worry about them later.

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.