In this episode, Michael, CFP®, EA tackles Q&A questions ranging from the new inherited IRA rules, why a reverse mortgage may not make sense right, key Roth IRA and 401(k) contribution rules, and juggling student loans, saving for a home, and building an emergency fund.

Topics:

💭 How inherited IRA rules changed and what the 10 year rule really means

💭 Why tax bracket management matters when withdrawing inherited IRA money

💭 Should retirees use a reverse mortgage or spend retirement savings first

💭 When a reverse mortgage may make sense and when it usually does not

💭 Can you fund a Roth IRA and a Roth 403b at the same time?

💭 How retirement account contribution limits actually work

💭 What to focus on first at age 25 with student loans and a future home goal

💭 Emergency funds versus debt payoff versus investing

𝐖𝐡𝐲 𝐰𝐞'𝐫𝐞 𝐡𝐞𝐫𝐞?

We’re here to make retirement planning feel less intimidating by helping people think through their strategies and plans through clear relatable financial topics!

💬 Questions or Want to Connect?

🌐 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: www.custerfinancialadvisors.com

📧 𝐄𝐦𝐚𝐢𝐥: custerfinancialadvisors@lpl.com

Disclosures:

Harborfront Financial Group is a Registered Investment Advisor registered with the Securities and Exchange Commission (SEC). Registration as an investment adviser does not imply a certain level of skill or training, and the content of this communication has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority.

The information contained in this material is intended to provide general information about Harborfront Financial Group and its services. It is not intended to offer investment advice. Investment advice will only be given after a client engages our services by executing the appropriate investment services agreement. Information regarding investment products and services are provided solely to read about our investment philosophy and our strategies. You should not rely on any information provided on our web site in making investment decisions.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Harborfront Financial Group, a Registered Investment Advisor. Harborfront Financial Group and Custer Financial Advisors are separate entities from LPL Financial.

This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing. All investing involves risk including loss of principal. No strategy assures success or protects against loss.