Tag: Retirement

FEATURE
The Basics of Social Security (Ep.20)

The Basics of Social Security (Ep.20)

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One in five Americans claim some form of Social Security benefits. Everyone’s benefit can be slightly different depending on your work history, age and a few other factors.

In this episode, Austyn Whittenburg, discusses the basics of Social Security to help you get a clear understanding of what it is and how it gets calculated.

Austyn discusses:

  • Why Social Security is known as a broad reaching program
  • How Social Security gets funded
  • How to calculate the amount of Social Security you will receive
  • Who is eligible to receive a Social Security benefit
  • How to maximize your Social Security benefit
  • And more

Resources:

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FEATURE
Is It Ever Too Late To Start Planning For Retirement? With Rick Gallacher (Ep.5)

Is It Ever Too Late To Start Planning For Retirement? With Rick Gallacher (Ep.5)

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It’s never too late to start planning for your retirement or is it?

In this episode, Austyn Whittenburg is joined by Rick Gallacher to discuss some strategies he uses when crafting financial plans with his clients. He also shares how he can work with you to potentially optimize your plan.

Austyn discusses:

  • Why you should start paying your bills automatically
  • How much money should be in your emergency savings
  • When is it considered too late to plan for retirement
  • Where you should consider keeping your money
  • And more

Resources:

Connect with Austyn Whittenburg:

Connect with Rick Gallacher:

About Our Guest:

Rick Gallacher has experience in the areas of financial modeling, asset allocation, investment selection, estate planning, personal risk management, holistic situation auditing and personal financial reporting. As a licensed CPA, he has proficiency in understanding and applying analysis to the overall economy, capital markets, corporate fundamentals, personal taxation and essential business law.

All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets.

 

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FEATURE
Saving on Taxes in 2022 With Darin Fullmer (Ep.4)

Saving on Taxes in 2022 With Darin Fullmer (Ep.4)

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Every year, tax rules and regulations are being updated. But you’d have to do some digging on the internet to find out and understand what is going on.

In this episode, Austyn Whittenburg is joined by guest Darin Fullmer, senior tax manager at Haynie & Company. Darin will bring you up to speed with his current knowledge of tax law and what you can do to help yourself save on taxes.

Darin discusses:

  • Tax ideas for 2022
  • Saving money on taxes while saving for the future
  • An update to the 401k limits and how business owners can use it to their advantage
  • The most under-utilized tax strategy
  • And more!

Connect with Austyn Whittenberg:

Connect with Darin Fullmer:

About Our Guest:

Darin Fullmer is a Certified Public Accountant specializing in corporate, partnership, and individual taxation; tax planning; and general business accounting and consulting. He also specializes in the design, installation, and administration of qualified retirement plans.

Disclosure:

Darin Fullmer and Haynie & Company are not affiliated with or endorsed by LPL Financial, Whittenburg Wealth Partners, and Stratos Wealth Partners.

A Roth IRA offers tax deferral on any earnings in the account. Qualified withdrawals of earnings from the account are tax-free. Withdrawals of earnings prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Limitations and restrictions may apply.

 

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