Closed on Thanksgiving and Friday the 29th

 Everyone at Sjoberg & Holmstrom Financial Services and Your Safe Money Show with you and yours a Happy Thanksgiving. Our office will be closed Thursday the 28th and Friday the 29th. You can leave a message at 320-679-5183.

Your Safe Money Show topics for Saturday November 30th

 For this Saturday's (November 30th) Your Safe Money Show. Todd will have retirement moves to make before 2025. He’ll have things retirees can be thankful for this year and tech tools for older adults. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com, and on Facebook and YouTube under Your Safe Money.

Medicare Open Enrollment deadline

 Just a reminder that Medicare Open Enrollment ends December 7th. If you want a no cost, no obligation appointment with Todd call 320 679 5183.

Your Safe Money Show Canceling a subscription just got easier 11 23 24

Highlights for November 23rd Your Safe Money Show

 Coming up on this Saturday's November 23rd Your Safe Money Show. As we are gearing up for holiday shopping, Todd will have online scams to be aware of. He’ll also talk about places where you should never give your Social Security number. And canceling a recurring subscription is about to get easier. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com. You can also find us on Facebook and YouTube under Your Safe Money.

Deadline for Medicare Open Enrollment

 Just a reminder Open Enrollment for Medicare ends December 7th. To make an appointment with Todd call 320-679-5183.

2025 contribution limits

 I have updated information from the IRS about 2025 investor contribution limits for 401(k) plans, individual retirement accounts and other retirement accounts. The employee contribution limit for 401(k) plans is increasing to $23,500 in 2025, up from $23,000 in 2024, and Catch up contributions for saver's age 50 and older will remain unchanged at $7,500. The new amounts also apply to 403(b) plans, most 457 plans and Thrift Savings Plans. The limit on annual contributions to an IRA remains at $7,000 in 2025. Catch-up contributions will remain unchanged at $1,000. Here are the phase out ranges for 2025: For single taxpayers covered by a workplace retirement plan, the phase-out range is increased to between $79,000 and $89,000, up from between $77,000 and $87,000. For married couples filing jointly, if the spouse making the IRA contribution is covered by a workplace retirement plan, the phase-out range is increased to between $126,000 and $146,000, up from between $123,000 and $143,000. Questions call 320 679 5183 or go to yoursafemoneyshow.com.