Your Safe Money Show Tax cut and jobs act 12 22 18

Happy Holidays!

Everyone at Sjoberg & Holmstrom Financial Services and Your Safe Money Show want to wish you a Happy Holiday Season. 
Our office will be closed December 24th through January 1st. We will open 8 a.m. January 2nd.
We will be monitoring messages at 320-679-5183.

Highlights for December 22 Your Safe Money Show

Your Safe Money Show is heard Saturday mornings on KBEK 95.5 FM at 7:30. They stream live at kbek.com.
You can hear recent shows at the podcast page at yoursafemoneyshow.com.
For the show this week (December 22), I wanted to cover important things happening right now like a federal judges ruling that the Affordable Care Act is unconstitutional and I also want to tell you about tax changes with the new Tax Cuts and Jobs Act.
But with Christmas right around the corner, on a lighter side, we’ll look at when grandparents show their love through gifts, where does it become too much? 
And do Americans marry for love or money? 

Finding your retirement age

Creating a home inventory

Experts say having a good sense of what you own helps ensure you have enough and the right kind of coverage for your belongings — and should you suffer losses from disaster or theft, can make it easier to document and be fairly reimbursed for losses.
 So, creating a home inventory is a great way to keep track of what you have. You can hire professional inventory people or do the work yourself. There’re apps available to help for free or low cost, like Encirle or Nest Egg. You can also take pictures yourself and catalog the items and keep detailed information on the more expensive or hard to put a price on items in your home. 
Documentation of appraisals and or receipts make sure you’re fairly compensated along with good pictures.  Once you've logged your belongings, go back and review your insurance coverage to make sure it's a fit. It's also worth reviewing the terms of your coverage to make sure that your possessions will be covered for replacement value versus actual value.  If you purchase or receive new items add that to your inventory. Save your home inventory to a cloud service or save in a lock or strong box at your bank.

Your Safe Money Show How to create a home inventory 12 15 18

Highlights for December 15 Your Safe Money Show

 Divorce is always a difficult situation to go through and in 2019 there are new tax rules that take effect. If divorce is something you will be dealing with in 2019, you’ll need to understand the changes.

The Social Security full retirement age continues to rise and will increase to 66 and 6 months if you were born in 1957. I’ll get into those details for you. And I’ll explain how to create a home inventory.

Tune in at 7:30 a.m. Saturday at 95.5 FM. They stream live at kbek.com.

Hear recent shows at the podcast page at yoursafemoneyshow.com.

Ways to pay off a home loan

Lower utility bills

The winter of 2018–2019 could be a cold one as we’ve had December cold in November, according to the National Oceanic and Atmospheric Administration. That means higher heating bills no matter what type of fuel you use. Even as were into winter, here are ways to save on your utility bills. Seal any air leaks. Professionals perform a blower door test to identify air leaks. But you can try a low-tech version by turning on all of your home’s exhaust fans and holding an incense stick near windows, doors, and electrical outlets. If the smoke blows sideways, you have a leak that needs plugging. Next set your thermostat: If you haven’t upgraded to a programmable or smart thermostat yet, this is the winter to do so. The device will automatically lower the heat when you’re asleep or away from home. If you have forced-air heating you have a filter, be sure to change that filter depending on the grade, some you need to change monthly, some suggest every three months. These simple changes can help you save on your heating costs. 

Your Safe Money Show Crucial retirement tax deadline 12 8 18

Highlights for December 8 Your Safe Money Show

Coming up on this weeks Your Safe Money Show. We talk about RMD’s, Required Minimum Distributions, and there’s a crucial retirement tax deadline coming up that you need to be aware of. 
I also want to put on the front burner, the importance of having your estate plan in place, and how to do that.
And if you’ll be retiring soon, maybe in 2019, I have some insight to how your life will change in surprising ways that you may not expect.
Listen Saturday mornings at 7:30 at 95.5 FM KBEK. They stream live at kbek.com.
Hear recent shows at the podcast page at yoursafemoneyshow.com.

Ultra FICO

Roth IRA for a child

Any parent, grandparent, aunt, uncle or family friend can open a Roth individual retirement account to help a child invest for the future.
 Like a regular Roth IRA, the minor must have earned income to be eligible, and the contribution amount cannot exceed the earnings in a given year. It doesn't have to be in the form of a paycheck, either. Cash is fine as long as it's been documented. 
The maximum contribution for 2018 is $5,500 but that will rise to $6,000 in 2019. The adult is the "custodian" and maintains control of the account and invests on the child's behalf until they meet the required age, which varies by state but is generally age 18. And unlike a traditional savings account, a Roth IRA lets you and your child pick and choose investments, which can make a substantial difference on your rate of return. The minor can then use those funds for college costs or other expenses, like a down payment on a first home.
 While traditional retirement accounts have many restrictions about taking the money out, Roth IRA account holders can withdraw their contributions at any time without taxes or penalties. Plus, after the Roth IRA has been funded for five years, your child can take a distribution of up to $10,000 to buy their first home, without having to pay taxes or penalties on those funds. Contributions to a Roth IRA are taxed up front and then withdrawals in retirement are tax-free, which is a big perk for young savers who are in a lower tax bracket now than they will be later in life.

Your Safe Money Show Closing a bank account 12 1 18

Highlights for December 1 Your Safe Money Show

This Saturday , December 1st, we hope you can listen at 7:30 a.m. at 95.5 FM KBEK for another edition of Your Safe Money Show. They stream live at kbek.com.
Topics this week, I'll have the really surprising thing people get wrong in retirement and steps to overcome it. 
How to close a bank account. And I'll have a gift idea that can jump start your child or grandchild's future.
If you can't listen in Saturday morning go to the podcast page at yoursafemoneyshow.com to hear recent shows.

In store financing

Aid and Attendance for Veterans

Millions of veterans who need long-term care are missing out on the benefits they’ve earned because they don’t know about them. 
The United States Department of Veterans Affairs (VA) Aid & Attendance pension benefit pays some vets for long-term care. A qualified veteran or surviving spouse who is 65 or older can get Aid & Attendance to help pay for care in an assisted living community, a nursing home, or at home. Recipients can use their benefit to pay an adult child who’s acting as their caregiver, but not a care giving spouse. 
New VA guidelines clarify the maximum qualifying net worth an Aid & Attendance applicant can have. To qualify $123,600 is the upper limit of net worth, excluding appliances, a home and vehicles.
 If you or a loved one qualifies you will need several documents to submit and there are eligibility requirements too. A variety of resources can help you learn more about the Aid & Attendance benefit for veterans and help you apply. The American Legion, The Veterans Benefits Administration, The Veterans of Foreign Wars. VA-accredited claims specialists and attorneys (be sure to check the Better Business Bureau, references, and reviews before you sign any financial agreement). 

Your Safe Money Show Working and collecting Social Security 11 24 18

Highlights for November 24 Your Safe Money Show

Aid and attendance are a benefit for older veterans to help pay for long term care and often time eligible folks aren’t aware of what’s available. I have information on that today.

Not everyone realizes that if you collect your Social Security benefits and work before your full retirement age you can lose money if you make over a certain threshold, I’ll explain.

And if you want a great price on airfare, I’ll have the best time to shop so you can save money.

Closed November 22 and 23

Everyone at Sjoberg & Holmstrom Financial Services and Your Safe Money Show wish you a Happy Thanksgiving!
The office will be closed November 22 and 23 and will reopen on Monday November 26 at 8 a.m.
You can leave a message at 320-679-5183.

Mnsure 2019

Medicare awareness

State officials are warning Medicare beneficiaries not to be fooled by deceptive advertising and sales offers during the current shopping season for health plans.
One of the big concerns is that beneficiaries recognize what information is coming from Medicare or a legitimate insurance company or agent, vs. information that might be from a scam artist trying to steal your money. 
Open enrollment for Medicare is on now until December 7th. The Commerce department offered a series of tips for consumers.
When looking for Medicare on the internet, make sure you go to the official website at Medicare.gov. Don’t be fooled by private websites with similar addresses such as Medicare.com, Medicare.org and Medicare.net .
Medicare shoppers should read the fine print and not be deceived by appearances, since some advertisements and sales materials may look like they are from Medicare. People who think they have received a Medicare advertisement or sales solicitation that’s deceptive, misleading or a scam can report it to the Minnesota Commerce Department by e-mail at protection@state.mn.us or by phone at 1-800-657-3602.

Your Safe Money Show Insurance and deer collisions 11 17 18

Highlights for November 17 Your Safe Money Show

I hope you can listen this Saturday morning (November 17) at 7:30 for another edition of Your Safe Money Show.
Here’s the question, is it better to hit the deer or try to swerve to avoid hitting the deer? How your car insurance will pay for your vehicle repairs or replacement has a lot to do with the collision itself. I’ll explain.
Also, I’ll have moves you can make now to boost your 401(k) savings going into 2019.
And with Thanksgiving coming up this week I have suggestions on how to handle financial conversations that might come up at the dinner table.
Tune in at 95.5FM KBEK. They stream live at kbek.com.
Hear recent shows by going to the podcast page at yoursafemoneyshow.com.

Ultra FICO

Today your credit score determines how much you’ll pay for insurance, a mortgage, rent, a car loan, and more. And FICO is one of the main scoring systems used. 
Consumers with low credit scores may soon be able to raise their number under a new scoring system that measures how responsibly they manage their checking or savings accounts—not just their payment history. The new score, called Ultra FICO, should become available in the summer of 2019.
 Consumers will have to opt in. If they do, data about their banking behavior—including the length of time their bank accounts have been open, the frequency of activity, and evidence of saving—in addition to their timely payment practices, will be used to calculate a score. The company says, by figuring credit scores this way, the range of people who qualify for credit could grow. 
This is really geared for someone with a low score if you already have a good credit score this Ultra FICO would be of no benefit to you. 
A policy analyst for Consumers Union says while incorporating bank transaction data into credit scores could help some consumers raise their credit scores, consumers should exercise caution before opting into this program, and government regulators should keep a close eye on its implementation.

Your Safe Money Show Ultra FICO 11 10 18

Veterans Day

Sjoberg & Holmstrom Financial Services will be closed in recognition of Veterans Day on Monday November 12th.
We will be open on Tuesday November 13th at 8 a.m.

Highlights for November 10 Your Safe Money Show

For the Saturday November 10, Your Safe Money Show there’s a new FICO score called Ultra FICO and I’ll explain what that is and some of the concerns with it as well.

If you would inherit an IRA, there are things you need to know so you don’t get hit with penalties and taxes.
And I’ll have why it’s a good idea to get rid of expired medications. 
Tune in at 7:30 a.m. at 95.5FM KBEK. They stream live at kbek.com.
To hear recent shows go to yoursafemoneyshow.com.

Overdraft fees

MnSure open enrollment

Every year there seems to be a bit of confusion about MnSure. 
To clarify, MNsure is Minnesota’s health insurance marketplace, where you can shop, compare and choose health coverage. It is the only place you can qualify for financial help through federal tax credits or MinnesotaCare and Medical Assistance. 
MnSure does not set the prices for health insurance, the health insurance companies do.
We are again serving as a MNsure Broker Enrollment Center during the 2019 open enrollment period, which runs November 1, 2018, to January 13, 2019.
Keep in mind that if you need your insurance to start January 1st you will need to get coverage by December 15th.
If you want to learn more about your health insurance options or you need help with the application or enrollment process call for an appointment today at 320-679-5183 or go to the website yoursafemoneyshow.com.

Your Safe Money Show Alzheimer awareness 11 3 18

Highlights for November 3 Your Safe Money Show

We have a special edition of the show this week.  Robin had a chance to talk with Emma Shepard about November being National Alzheimer’s Awareness Month and Caregivers month. Emma has information on what help is available and more.

I read about a 100-year-old track champion Orville Rogers and I’ll share his insight to a successful retirement.

And the cost of healthcare has to be one of the first considerations when planning for retirement. I’ll have costs and how we can handle those costs going forward.

Tune in at 7:30 a.m. at 95.5FM KBEK. They stream live at kbek.com.

Hear recent shows at the podcast page at yoursafemoneyshow.com.

Emergency Money

Medicare Open Enrollment

Medicare open enrollment runs from October 15^th through December 7^th. This is when Medicare plan enrollees can reevaluate their coverage, whether it’s Original Medicare, Medicare Advantage or a prescription drug plan through Medicare Part D. To review:  Medicare Part A is hospital coverage. Part B is for medical coverage like doctor and clinical lab services, outpatient and preventive care, screenings, surgical fees and supplies, and physical and occupational therapy. Medicare Part C combines both A and B. Medicare Part C (also called Medicare Advantage) is a different way of getting Medicare Part A and Part B coverage. Medicare Part D is for prescription drug coverage. Seniors can choose among an average of over two dozen plans for their Medicare Part D prescription drug coverage, and each offers different prices and coverage. That’s why this open enrollment period is so important to compare plans. Call for an appointment at 320-679-5183. 

Your Safe Money Show Snowbird tips 10 27 18

Highlights for October 27 Your Safe Money Show

Coming up on Saturday October 27 Your Safe Money Show, since were in the middle of Open enrollment for Medicare and MNSure Open enrollment starts November 1st, I thought it would be a good idea to go over common terms when comparing plans. 
When people look at retiring they often time go by age- 62 or 65 or whatever. I have a new number for you to consider before retiring.
And I’ll have tips for snowbirds in retirement.
Hear the show at 95.5FM KBEK at 7:30 Saturday mornings. They stream live at kbek.com.
Hear recent shows by going to the podcast page at yoursafemoneyshow.com.

Medical debt and your credit score

Updating your resume

If you’re looking for a job later in life, you might need to refresh your resume, I have ideas on how best to do that. 

Remove college graduation dates except if you have a new certificate or degree. 

Condense the resumé down to two pages max.  Your most recent 10 to 15 years of experience matter most, so you’ll want to highlight those, while condensing prior experience into a few sentences or bullet points.

Replace older font styles, such as Times New Roman or Garamond, with more contemporary fonts like Tahoma, Verdana or Cambria. 

Eliminate double spacing between sentences (unless you’re in academia). They’re a dead giveaway that you came of age during the typewriter era. Avoid phrases that needlessly date you, like “30+ years of experience.” Use “20+ years of experience”. This makes your point without highlighting your advanced age.

Remove your street address and add hyperlinks to your LinkedIn address and, if you have one, your professional website.

Replace an AOL or Hotmail email address with one from Gmail. While you’re at it, avoid using numbers in your email address that could be construed as a birth year.

If you’ve spent the bulk of your career with one employer, don’t list the full date range at the top of the resumé. Instead, list dates and responsibilities for your most recent positions and consolidate your earliest roles without mentioning dates.

Your Safe Money Show Medicare Updates 10 20 18

October is Financial Planning Month

October is Financial Planning Month, which serves as a useful, annual checkpoint to make sure you are on track to meet your long-term financial goals. You can use this time to learn about all of your options and prioritize your goals going into the New Year.

Highlights for October 20 Your Safe Money Show

Coming up on this Saturday's (October 20) Your Safe Money Show,.
Medicare Open enrollment is under way and I have information about Part B premiums going up and zero premium plans being offered.
Your Social Security check will rise in 2019, I’ll tell you by how much.
And prescription gag clauses are being banned, I’ll explain that as well.
Listen at 7:30 a.m. at 95.5 FM KBEK. They stream live at kbek.com.
Hear recent shows by going to our podcast page at yoursafemoneyshow.com.

Social Security Protection

Real IDs

Minnesota offers three different ID options: a standard driver's license, a REAL ID and an enhanced ID. All three will be acceptable for driving purposes, but after Oct.1, 2020, you will need a REAL ID, an enhanced ID or a passport to board a domestic flight or enter a federal facility.
There are a few more hoops to getting a Real ID too. When you go to the license bureau you’ll need a document proving your identity, date of birth and legal presence in the U.S. (like a passport, birth certificate or Green Card). Proof of your Social Security Number (like your SSN card or a W-2 form). Two documents proving your residency in Minnesota, such as a credit card statement, utility bill or valid driver's license.
What about enhanced ID’s? Enhanced driver's licenses can be used in the same way as a Real ID license, but will also allow you to travel to Canada, Mexico and parts of the Caribbean without a passport.
The process is a little more involved than a standard or Real ID. Applications will require applicants to complete an interview questionnaire. You also need to be a U.S. citizen to get one.
You can find more details on the Minnesota Department of Public Safety's Real ID website by going to dps.mn.gov.

Your Safe Money Show Real ID 10 13 18

Medicare Open enrollment

Medicare Open enrollment start October 15 and runs through December 7.
 If you'd like help choosing a cost plan, advantage plan, supplement or Part D drug coverage, call for an appointment at 320-679-5183.

Highlights for October 13 Your Safe Money Show

Tune in Saturday morning at 7:30 at 95.5 FM KBEK to hear Your Safe Money Show. For the October 13th show, we’ve been hearing about “Real ID” for a while now and they finally are available, so we’ll go over what documents you need and all the other details.
A new survey shows women are still struggling with financial shocks when their spouse passes, this is a hard topic but so important, I’ll have ways to prepare.
And this is a great time to go over retirement accounts and make some tweaks that will help your savings in 2019. 
KBEK streams live at kbek.com. Hear recent shows at the podcast page at yoursafemoneyshow.com.

Limit medical billing errors

Many medical billing problems start because people don’t understand the basics of their insurance, including deductibles, coverage limits, and the network of providers. Be sure to understand what your insurance covers. Also make sure your clinic or doctor has your correct information on file too. Call the doctor’s office and provide your plan name and group number to confirm that the doctor is in your network. Check to see which hospitals in the area take your insurance.

 Some providers send bills before they’re processed by insurance, followed by more notices. It’s so confusing that many people pay what they don’t owe, while others wait too long after they get an overdue notice. To make sure you pay what you actually owe, wait until you get an explanation of benefits (EOB) for that date of service from your insurer. Look to see what insurance has paid and the amount that is your responsibility. At that point, you’ll get another bill from the provider reflecting the insurance payment and the amount due from you. If you get a medical bill that seems incorrect, call the provider and your insurer and explain why the bill seems wrong. Do this as soon as possible as there are time limits on accounts.

Your Safe Money Show Age proof your resume 10 6 18

Closed Columbus Day

Sjoberg & Holmstrom Financial Services will be closed Monday October 8 for Columbus Day.
We will open at 8 a.m. Tuesday October 9th.

Difference between credit and debit cards

How to find a lost insurance policy

You might think no one could lose track of a life insurance policy. Think again. At one point, it was estimated that at least $10 billion in life insurance policies nationwide had gone unclaimed or unpaid. Many families don't know if someone took out a life insurance policy. Or they don't know what company holds the policy. People may move around from one state to another and lose the paperwork. 
For the most part, the burden is on the beneficiary to follow through after a loved one passes to claim on a policy. 
To find out if there’s a policy out there, what you want to find is any kind of paper trail that might uncover a lost or little-known insurance policy for a deceased loved one. Where to look: Bank statements or old canceled checks could show payments that were made to life insurance companies over the years. Look for paperwork in lock boxes or safety deposit boxes. Ask family members, financial advisers and insurance agents about life insurance policies. Review copies of the deceased's tax returns for the past two years to spot any interest income or expense reported that relates to a life insurance policy. Check with any former employers of the deceased, as they may have information on group life coverage.
 Another option is the National Association of Unclaimed Property Administrators or www.unclaimed.org to do a search. There’s also The National Association of Insurance Commissioners they have their own Life Insurance Policy Locator Service.
 Best thing to do is always let loved ones know if you have a policy and where that policy is. 

Your Safe Money Show Finding a lost insurance policy 9 29 18

Highlights for September 29 Your Safe Money Show

For this weeks (September 29) Your Safe Money Show, we’ll give you ideas on how to find a lost insurance policy. You’d be surprised how many policies go unclaimed.
Financial terminology can be like speaking another language sometimes, and it’s helpful to know what those words mean when discussing your finances. We’ll have kind of a vocabulary lesson on financial terms.
And with elections coming up there’s a real need for poll workers and we’ll have how to serve and assist the voting process.
Listen at 7:30 a.m. Saturdays at 95.5 FM KBEK. They stream live at kbek.com.
Hear recent shows by going to the podcast page at yoursafemoneyshow.com.

Limit confusion with medical bills

Medicare coordinating with employer health care

If you’re still working and have job-based health insurance and your turning age 65, how do you handle Medicare? In most cases, you should only delay enrollment in Medicare if your job-based insurance is the primary payer (meaning it pays first for your medical bills) and Medicare is secondary. Having job-based insurance does allow you to delay Medicare enrollment without penalty and delay paying the Medicare Part B premium. However, it’s important to know whether your job-based insurance will pay primary or secondary to Medicare. Job-based insurance is primary if it is from an employer with 20 or more employees. Medicare is secondary in this case, and some people in this situation choose not to enroll in Medicare Part B so that they don’t have to pay the monthly premium. Job-based insurance is secondary if it is from an employer with fewer than 20 employees; Medicare is primary in this case. If you work at an employer this small and delay Medicare enrollment, your job-based insurance may provide little or no coverage. That’s why you should enroll in Medicare Part B to avoid getting high costs for your care. There’s an enrollment period and penalties can happen if this is mishandled. Before you turn 65 talk with your HR department at your job or call me for an appointment. 320-679-5183. 

Your Safe Money Show Retirement trends 9 22 18

New healthcare booklet

Our new booklet called "Health Insurance Made Easy" is available now. 
Get a better understanding of health insurance from MnSure to Medicare and more.
Get your free copy by messaging us here at our page, go to yoursafemoneyshow.com, or call 855-22money. 

Highlights for September 22 Your Safe Money Show

Sure hope you can tune in this Saturday September 22 for Your Safe Money Show. 
We'll start with a big overview of retirement trends. We have information from Catherine Collinson, one of the sharpest retirement researchers in the world. We’ll see what she’s found and how we can use that information in our own retirement planning.
Also, being power of attorney for someone is a daunting task and not everyone is suited to handle the responsibility. We’ll have how to say “no” if you’re not able to do that.
And we all know how important your credit score is for your finances. I’ll have ways to boost your credit score.
Listen at 7:30 a.m. at 95.5 FM KBEK. They stream live at kbek.com.Hear recent shows at the podcast page at yoursafemoneyshow.com.

Social Security protection

What can you do to protect yourself from Social Security benefit theft? Back in the day, it was easier to know if your Social Security payments were stolen because benefits were sent in a physical check. These days, however, those payments are generally made by direct deposit, so unless you're manning your bank account, you may not know whether yours have gone missing. 
The best way to ensure that you're not missing any of your benefits is to figure out your payment schedule and make a point of checking your account each time you expect that money. Of course, it's easier to determine when your benefits have been stolen once you're already receiving them. But what if you've yet to file a benefits claim? In that case, someone could, conceivably, file for Social Security in your name, divert your payments to an account he or she can control, and then collect those payments while you're none the wiser.
So, if you're at an age when you're eligible for benefits (meaning 62 or above) but haven't yet filed, create a Social Security account online and monitor it for activity. If you see activity you didn't initiate, contact the Social Security Administration (SSA) at once by calling (800) 772-1213.

Your Safe money Show Are you covered 9 15 18

Highlights for September 15 Your Safe Money Show

You don't want to miss this Saturday's Your Safe Money Show. We have a quiz called “Are you covered”? Using typical homeowners, auto and health insurance policies we’ll see what you know about your coverage's. 
We always get questions about if you have health insurance with your employer, and your age 65, how does Medicare coordinate with your employer’s plan?
And on the lighter side today we’ll have classic and unique retirement gift ideas to pass along. 
Tune in at 7:30 every Saturday morning at 95.5 FM KBEK. They also stream live at kbek.com.
To hear recent shows go to the podcast page at yoursafemoneyshow.com.

Homeowners insurance for older Americans

Forgetting to take RMD's

If you have a retirement account that has RMD’s, required minimum distributions, you must start paying those the year you turn 70 and a half. If the year you turn 70½ passes without you taking an RMD, no problem: The deadline for the first year's payment is April 1 of the following year. The deadline after the 71st birthday and all following birthdays is Dec. 31 of the year the birthday occurs. In the event the Dec. 31 due date for an RMD passes without the RMD being taken, the next step is filing an IRS 5329 form. You file the tax form with a letter of explanation and take your required minimum distribution when you file your tax form. However, if you fail to pay RMD’s the penalty comes to half the amount not withdrawn that year, plus whatever taxes are due. And every year that goes by without an RMD, it’s another 50 percent of what the distribution should have been for each year.
This can be confusing if you have questions call 320-679-5183.

Your Safe Money Show Saving money after retirement 9 8 18

Highlights for September 8 Your Safe Money Show

Make plans to listen this Saturday morning (September 8) at 7:30 for Your Safe Money Show.
I saw a headline “Having children can ruin your retirement”. Now I know that sounds terrible, but it did catch my attention, we’ll dig into what that really means.
Sometimes we have no choice, we have to tap into retirement accounts early, and that means penalties. Well in some cases you can avoid or reduce those penalties. I’ll explain how that works.
And were always talking about ways to save “before” retirement, today we’ll see how to save “after” retirement.
Go to 95.5FM KBEK, they stream live at kbek.com.
You can listen to recent shows at the podcast page at yoursafemoneyshow.com.