For our April 30th edition of Your Safe Money Show Todd Sjoberg your host will look at disability insurance. He'll also explain Federal, State and Local taxes. And right now you can't contribute to a health savings account (HSA) once you're on Medicare. A bipartisan bill in Congress might change that. We'll have details on that bill.
Thursday, April 28, 2022
April 30th Your Safe Money Show topics
Wednesday, April 27, 2022
When can I apply for SS?
When Can I Apply for Social Security?
Tuesday, April 26, 2022
Knowledge and retirement
Harvey Mackay writes for several publications and he’s a businessman. He has insight into businesses and suggestions to help and today I wanted to borrow from a recent article about knowledge.
Monday, April 25, 2022
Thursday, April 21, 2022
Your Safe Money Show highlights for April 23rd
You can hear Your Safe Money Show Saturday mornings at 8 at Nice 95.5 FM KBEK. They stream live at kbek.com. You can hear recent shows at the podcast page at yoursafemoneyshow.com.
Wednesday, April 20, 2022
Tuesday, April 19, 2022
Medicare sign up
If you will be turning 65 this year you have 3 months prior, the month of, and 3 months after your birthday to sign up for Medicare. When you get your Red, White, and Blue card (Medicare) Card in the mail call 320-679-5183 and Todd Sjoberg will do his Medicare 101 class and help you get the right plan for you. There's no cost for this help and he handles many of the various plans and options. You can also get more information at yoursafemoneyshow.com.
Monday, April 18, 2022
Thursday, April 14, 2022
April 16th Your Safe Money Show topics
Here's what we're planning for this Saturday's (April 16th) Your Safe Money Show with your host Todd Sjoberg. He'll explain how the cost of insurance can make or break your financial plan. He also will have questions to ask yourself before paying any medical bill. And are you being too frugal in retirement? Listen at 8 a.m. at Nice 95.5 FM KBEK. They stream live at kbek.com. Hear recent shows at the podcast page at yoursafemoneyshow.com.
Wednesday, April 13, 2022
Good Friday
Sjoberg & Holmstrom Financial Services will be closed Good Friday.
We wish you all a Happy Easter! Messages can be left at 320-679-5183.
Tuesday, April 12, 2022
New life expectancy numbers
I wanted to share a report I found this week that I think is pretty interesting. In the U.S., life expectancy after age 65 is 19.6 years, according to recent Census Bureau data. That means Americans who reach age 65 will live another 19.6 years — or to age 84.6 — on average. The latest annual National Vital Statistics Report, which is issued by the federal government, ranks all 50 states and the District of Columbia according to life expectancy after age 65. Certain states have a much higher average life expectancy than others. Studies have shown that differences in health care, pollution, weather and other regional factors are all important for longevity. I wanted to pass this along because Minnesota was in the top 9 states for longevity. Once you make it to age 65 as a female, they figure you’ll have 21.2 years, males, 18.7 and overall 20 years. Here’s what they said about Minnesota in particular: Minnesota can get cold. Minnesotans know from birth how to bundle up and enjoy their winter wonderland. Plus, Rochester’s Mayo Clinic is ranked as the best hospital in the nation. Perhaps that’s why Minneapolis landed at No. 5 on a recent list of the best places to retire. This report shows the importance of understanding longevity and the role it plays in a thoughtful retirement plan. Go to yoursafemoneyshow.com for more information.
Monday, April 11, 2022
Thursday, April 7, 2022
Highlights for April 9th Your Safe Money Show
Coming up on this Saturday's April 9th Your Safe Money Show. Todd Sjoberg your host will explain the The Secure Act 2.0. Lawmakers have several proposals that could change retirement savings. It has passed the House and is headed to the Senate. He will also pass along a pre-retirement checklist for that 5 years before you retire. Listen at Nice 95.5FM KBEK at 8 a.m. on Saturdays. Hear recent shows at our podcast page at yoursafemoneyshow.com.
Wednesday, April 6, 2022
Medicare okay's no cost Covid tests
Medicare beneficiaries can now get at-home Covid tests at no cost, the government announced Monday.
People with Medicare Part B (outpatient care coverage) — including Advantage Plan enrollees — will be able to get up to eight over-the-counter tests per month for free from participating pharmacies and health-care providers, according to the Centers for Medicare and Medicaid Services.
Tuesday, April 5, 2022
Tax changes for 2022
Standard mileage rates: The 2022 standard mileage rate for business driving rose from 56¢ to 58.5¢ a mile. The mileage allowance for medical travel and military moves also increased from 16¢ to 18¢ a mile in 2022. However, the charitable driving rate stayed put at 14¢ a mile — it's fixed by law.