The Wise Money Show™

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3 Tax Planning Strategies Are Getting Better in 2023

There are 3 tax planning strategies that are being enhanced in 2023. In today's episode, we're discussing how they are being improved, what the benefit is for you, and how you should implement these strategies.

Season 8 Episode 14

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

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Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/wJYloPQDRrQ 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Will the Social Security COLA Raise Your Taxes?

Social Security recipients will be receiving a significant Cost of Living increase for 2023. While this is a welcome benefit to retirees, it could mean a higher tax bill due to the unique way in which Social Security benefits are taxable. We're helping you plan ahead to avoid this tax increase on this episode of Wise Money.

Season 8 Episode 13

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/Ezg3Ap0F0oA 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

5 Ways to Catch Up on Retirement Savings

The new retirement plan contribution limits are out for 2023 and it’s great news if you need to catch up on your retirement contributions. What are some ways you can catch up on your retirement savings if you’re feeling behind? That and more on this episode of Wise Money.

Season 8 Episode 12

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Listen on Podcast: https://link.chtbl.com/WiseMoney 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Medicare Rates and Open Enrollment for 2023

Medicare Open Enrollment for 2023 is from October 15 through December 7th. We're covering what you need to know about open enrollment, what actions you need to take, and how Medicare rates are surprisingly changing for 2023 on this episode of Wise Money.

Season 8 Episode 11

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/VZmlRtrJSRQ 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Retire Confidently in Uncertain Times

Were you hoping to retire at the end of 2022 or in the near future, but now unsure if you can do so given this year's stock market performance? How can you still retire with confidence despite the uncertainty in the markets? We’re helping with that and more on this episode of the Wise Money Show.

Season 8 Episode 10

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/EJwXEr9bMmg 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Should You Get Life Insurance For Your Kids?

Should you carry life insurance on your young, dependent children? Emotionally you may feel that you absolutely should, but financially, is this a wise move? If you should get this coverage, where is the best place to get this insurance from? We’re answering those questions and more on this episode of the Wise Money Show.

Season 8 Episode 9

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

Thank you to our segment sponsor Auto-Owners Insurance - https://www.auto-owners.com/

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/D7_Q0takK8M 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Financial Planning Opportunities in Down Markets

The market downturn thus far in 2022 is emotionally challenging to handle, however, it does present savvy investors with unique financial planning opportunities. How can you be opportunistic during this bear market? We're sharing the financial planning strategies you need to consider using during this down market on this episode of the Wise Money Show.

Season 8 Episode 8

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/ejOpNKSRTvw 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

What Is IRMAA and How to Avoid It

If your income is above certain thresholds leading up to or in retirement, you may be required to pay a higher amount for your Medicare parts B and D. This charge is known as IRMAA, or Income Related Monthly Adjustment Amount, and can increase what you pay for Medicare. Were explaining how this works and how you can avoid its impact in this episode of the Wise Money Show.

Season 8 Episode 7

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/Kft_FWnOqa4 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Where to Draw Money From When Retiring Before Age 59.5

Saving up for retirement using your 401(k), 403(b), IRA, and Roth IRA, all have one common limitation: withdrawing money from them before age 59.5 could cause you to pay a penalty. If you plan to retire before age 59.5, where should you save up money so that you can bridge the income gap until age 59.5? We are covering that and more during this episode of the Wise Money Show.

Season 8 Episode 6

Have a question you want to have answered on the show? Call or text 574-222-2000 or leave a comment!

 

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

 

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Listen on Podcast: https://link.chtbl.com/WiseMoney 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

UnRetiring - Financial Impact of Returning to Work After Retiring

More than ever people are returning back to work after retiring. Though most people plan to retire only once, should you reenter the workforce after retiring, what financial planning strategies exist and what consequences do you need to be aware of? We're covering that on this episode of the Wise Money Show.

 

Season 8 Episode 5

Have a question for the show? Call or text 574-222-2000 or leave a comment!

Want to speak with a Certified Financial Planner™? Visit www.korhorn.com or call 574-247-5898.  

Find more information about the Wise Money Show™ at www.wisemoneyshow.com 

 

Be sure to stay up to date by following us!

Facebook - https://www.facebook.com/WiseMoneyShow 

Twitter - https://twitter.com/WiseMoneyShow 

Instagram - https://www.instagram.com/wisemoneyshow/ 

 

Want more Wise Money™?

Read our blog! https://www.korhorn.com/wise-money-blog 

Watch the guys in the studio: https://youtu.be/6Yr6nYIdcY8 

Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow

 

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

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