Tag: IRA

Planning For Taxes And Retirement (Ep.38)

Planning For Taxes And Retirement (Ep.38)

Retirement planning is ever changing, from government planning to your neighbours opinions. What are the considerations of retirement planning from a financial advisor’s perspective?

In this episode, Tim Whisler shares insight gained from a recent IRA workshop and how it changed his thinking towards basic retirement planning accounts, distribution and taxes.

Tim discusses:

  • The role of the IRS in retirement income planning
  • How government spending could impact retirement accounts
  • Why and how do specific age groups impact retirement planning and distribution phase
  • What order should you withdraw from different retirement accounts
  • And more

Resources:

Connect with Tim: 

Book a Call with Tim:

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, a SEC Registered Investment Advisor. Sub-advisory services are provided by Simplicity Solutions, LLC, a SEC Registered Investment Advisor. Insurance, Consulting, and Education services offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth and Simplicity Solutions.

Episode 15 – So You’re Retiring or Switching Jobs: What Do You Do With Your 401(k)?

Episode 15 – So You’re Retiring or Switching Jobs: What Do You Do With Your 401(k)?

A 401(k) retirement plan offered by your employer can be a great savings tool, as long as you take advantage of it, and manage it correctly.

However, 401(k) questions surrounding employment, retirement, taxes, and the IRS arise all the time, and to clarify potential doubts, Tim Whisler reviews them all to explain the different 401(k) uses, whether you are moving on to new opportunities or simply retiring. 

In this episode, you will learn:

  • The five available options for someone with a 401(k) who is switching jobs 
  • What you should know about leaving and moving your 401(k) plan from your previous to your current employer
  • Why you shouldn’t cash your 401(k) plan early
  • How to roll your 401(k) plan into an IRA
  • The role of taxes and income streams when it comes to your 401(k) and retirement
  • And more!

Tune in to find out how to efficiently handle and make use of your 401(k) retirement plan! 

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.