Your Safe Money Show topics for October 30th

Coming up for this Saturday's (October 30) Your Safe Money Show. I’ll look at mistakes you want to avoid with Medicare. Also, we hear about supply chain issues causing holiday shortages. We'll go over that. And if you have gold jewelry and coins you’d like to sell, I'll explain how to avoid being scammed. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at our podcast page at yoursafemoneyshow.com.

MNsure dates

 A reminder that MnSure Open Enrollment starts November 1st and runs until December 15th if you want your insurance to start January 1st. Enrollment continues through January 15th 2022, however your insurance wouldn't start until February 1st. Call for an appointment at 320-679-5183 at Sjoberg & Holmstrom Financial Services in Mora.

Social Security Myth

 I have another Myth or misinformation today from Social Security for you. The question is: Which political party increased the taxes on Social Security annuities? In 1993, legislation was enacted which had the effect of increasing the tax put in place under the 1983 law. It raised from 50% to 85% the portion of Social Security benefits subject to taxation; but the increased percentage only applied to "higher income" beneficiaries. Beneficiaries of modest incomes might still be subject to the 50% rate, or to no taxation at all, depending on their overall taxable income. This change in the tax rate was one provision in a massive Omnibus Budget Reconciliation Act (OBRA) passed that year. The OBRA 1993 legislation was deadlocked in the Senate on a tie vote of 50-50 and Vice President Al Gore cast the deciding vote in favor of passage. President Clinton signed the bill into law on August 10, 1993. If you want to read more go to ssa.gov. To get a free copy of Your Guide to Social Security call 855-22money or ask at yoursafemoneyshow.com.

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Your Safe Money Show bullet points for October 23rd

 Coming up on this weeks (10-23-21) Your Safe Money Show. There are several changes for 2022 when it comes to Social Security, these changes were just announced last week so I’ll go over those. Plus, I’ll have things you should NOT do in retirement. And if you are considering refinancing your mortgage, I have what you need to do now. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at our podcast page at yoursafemoneyshow.com.

Longevity numbers

 According to a global survey there are now around 575,000 100-year-olds on the planet- and that number should hit 600,000 next year. The U.S. has the highest number of centenarians in the world with 97,000 living in the country. Japan comes in second with 79,000 who are 100 years or older. Obviously we're living longer which is a great thing but it's extra important to have a solid retirement plan. Ideally a plan that has lifetime income over and above your Social Security benefits. To find out more go to yoursafemoneyshow.com or call for an appointment at 320-679-5183.

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Highlights for October 16th Your Safe Money Show

 We have a lot to cover on this Saturday's (October 16th) edition of Your Safe Money Show. No one ever wants to get audited by the IRS. I will have "red flags" to watch out for especially if you're a retiree. Also robots are hiding 27 million workers from employers who need them. I'll explain what that's all about. I hope you can listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at our podcast page at yoursafemoneyshow.com.

Medicare Open enrollment

 If you would like help during Open Enrollment for Medicare call 320-679-5183 for an appointment. Open Enrollment runs from October 15th through December 7th. This is a great time to take a look at your current plan and if you need to make changes or to see what is available. Make sure you bring your medication list when you come for an appointment so we can find you the best plan that covers those drugs. If you are happy with your plan you don't have to do anything and your plan will just continue. Again call 320-679-5183 or go to yoursafemoneyshow.com.

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Your Safe Money Show highlights for October 9th

 For this weeks (October 9) Your Safe Money Show. We'll be covering Medicare, open enrollment is coming so this is timely information. And we'll also look at forces that shape retirement in the 2020’s and trust me things have changed quite a bit. Tune in at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at the podcast page at yoursafemoneyshow.com.

Your Safe Money Show replayed at 7 p.m. tonight October 6th

 You can listen to our Saturday October 2nd Your Safe Money Show on Nice 95.5FM tonight (October 6th) at 7 p.m. You can grab the show also at our podcast page at yoursafemoneyshow.com. KBEK streams live at kbek.com.

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Reprise of October 2nd Show on KBEK October 6th

 Our October 2nd edition of Your Safe Money Show will air at 7 p.m. Wednesday October 6th at Nice 95.5 FM. They stream live at kbek.com. Go to yoursafemoneyshow.com at the podcast page to hear the show at your convenience.

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