If you inherited an IRA or Roth IRA in 2020 or after, The IRS has just changed the rules! The updated 10-year rule and its impact on beneficiaries. Whether you're inheriting a traditional or Roth IRA, understanding these regulations is key to avoiding penalties and maximizing your inheritance.
What the 10-year rule means for required distributions?
Differences for eligible designated beneficiaries (spouses, minors, and others).
Tax implications you should know about.
Strategies to help you manage and plan for inherited IRA funds.

Here is the rmd table for beneficiary IRA's: https://www.irs.gov/pub/irs-pdf/p590b.pdf

Let me know what you think! Leave your comments and questions here: keith.wilson@lpl.com

Helping you to be wise with your money!
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I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
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I am looking forward to seeing you achieve your financial goals!

Is an Annuity Right for You? 🤔

Considering an annuity but unsure if it’s the right fit for your financial goals? In this podcast, we break down the basics of annuities, their benefits, and potential drawbacks. Whether you're planning for retirement, looking for guaranteed income, or just exploring your options, we’ll help you decide if an annuity aligns with your needs.

📌 What You'll Learn:

What is an annuity?
Types of annuities (fixed, variable, indexed).
Pros and cons of annuities.
Who benefits most from annuities?
Key factors to consider before buying one.
🎯 Stay Informed
Annuities can be a great tool for some, but they’re not for everyone. Watch now to see if it’s the right move for your financial plan!

Let me know what you think: keith.wilson@lpl.com

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
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For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-check-up

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: https://www.facebook.com/KeithWilsonF...
Linkedin: https://www.linkedin.com/in/keithwils...

I am looking forward to seeing you achieve your financial goals!

Are you ready to take control of your finances and build a brighter financial future? In this podcast, two seasoned financial advisors share expert tips to help you save smarter, spend wisely, and grow your wealth. Whether you're looking to create a budget, invest for the first time, or plan for retirement, these actionable strategies are tailored to set you on the right track.

📌 What You'll Learn:

• Simple budgeting techniques
• How to build an emergency fund
• Investing basics for beginners
• Tips to reduce debt faster
• Long-term strategies for financial freedom

💡 Don't forget to:
✅ Like this video if you found it helpful
✅ Subscribe for more financial tips
✅ Share with friends and family who want to improve their finances

💬 Got questions or tips of your own? Drop them in the comments below!
Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

I am looking forward to seeing you achieve your financial goals!

Is life insurance worth it? What type of life insurance should I have? Is whole life better than term? That's what we will be covering in this episode. Mr. Anthony Ruffalo joins me again (even though he said he wouldn't).

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

I am looking forward to seeing you achieve your financial goals!

Are you ready to take control of your financial future? In this episode I am joined by Anthony Ruffalo, CFP and we have a candid and authentic conversation about core financial planning essentials. Financial Planning can be broken down into 3 key parts; Retirement, Education and Survivorship. Something Anthony calls RES. We will be guiding you through the key strategies to build a stable financial foundation.

Do taxes go away when you retire? Well, some do. Like FICA and Medicare that was deducted from your paycheck when you were working. But there are certain taxes that still would come into play when you retire that takes some tax planning strategies.
Lets get into those taxes you may face when you retire and ways to help minimize taxes in retirement.

Here is the IRS social security tax calculator: https://itap1.for.irs.gov/owda/0/inve...

Schedule a consult with me, it's free!:
https://go.oncehub.com/keithwilson1

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Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

I trust the information you receive through these videos
proves helpful with your personal financial situation!

Website: www.wfa-nc.com
Facebook:

Retiring early requires a LOT of planning. Here are 5 things to consider.

Schedule a consult with me, it's free!:
https://go.oncehub.com/keithwilson1

Get my weekly newsletter here!: https://lp.constantcontactpages.com/s...

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

Want to open an investment account for your child? Well, custodial accounts come in different flavors and it depends on what your goal is for the account. Is it saving for college? Investing for their future retirement? Or just getting them started with investing?
Custodial accounts can be a great way to start building wealth for your children. In this video I will be discussing advantages and disadvantages of each type of account to help you decide what is best for both you and your child.

Schedule a consult with me, it's free!:
https://go.oncehub.com/keithwilson1

Get my weekly newsletter here!: https://lp.constantcontactpages.com/s...

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉https://go.oncehub.com/keithwilson1

I want you to be more confident in your future:
whether that be through preparing for retirement,
financial planning, portfolio analysis, or college planning.

Website: www.wfa-nc.com
Facebook: / keithwilsonf. .
Linkedin: / keithwils. .

I am looking forward to